Business Evaluation

At a glance

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Provides businesses with access to experienced, independent Business Advisers in order to review the business and provide a Business Evaluation Action Plan with recommended strategies for business improvement or growth. The Evaluation includes up to 12 months of mentoring to help implement the strategies.

Who can apply:

At a minimum, you must:

  • be a for-profit, non-tax exempt company that is registered for GST and operating in Australia for at least three years
  • have an annual turnover or operating expenditure between $1.5 million ($750,000 for remote Australia and Northern Territory) and $100 million
  • be operating in a specified Growth Sector.

Other eligibility requirements may apply.

Deadline to apply:

Applications may be made at any time.

Contact information:

13 28 46

business.gov.au/contact

Apply

Overview

Business Evaluations are one of the services provided under the Business Management element of the Entrepreneurs’ Programme.

Independent and skilled Business Advisers undertake an impartial Business Evaluation. It is tailored to the applicant's business to provide strategies for business growth and business improvement.

A skilled and experienced Business Adviser will:

  • come to your business premises to gather information about your business;
  • undertake further research and analyse the information off-site; and
  • prepare a tailored Business Evaluation Action Plan outlining strategies your business can take to become more competitive, improve and grow.

When you are ready to apply the strategies, the Business Adviser will coach and mentor you for up to twelve months.

You may be eligible for a Business Growth Grant to fund the strategies outlined in your Business Evaluation Action Plan. Refer to Business Growth Grants to learn more.

Eligibility criteria

Your Business must:

  • satisfy one of the following:
    • be operating in one or more of the Growth Sectors which are:
      • Advanced Manufacturing
      • Food and Agribusiness
      • Medical Technologies and Pharmaceuticals
      • Mining Equipment, Technology and Services
      • Oil, Gas and Energy Resources,
    • provide Enabling Technologies and Services to one or more of the Growth Sectors
    • have the skills, ability, expertise or intellectual property to work in or with one or more of the Growth Sectors in the future
    • be a tourism business operating in northern Australia.
  • be solvent
  • have filed Business Activity Statements in Australia showing ongoing trading in at least three successive years
  • have an annual turnover (or operating expenditure) within the current, or one of the last two financial years:
    • between $1.5 million and $100 million, or
    • between $750,000 and $100 million for applicants from remote Australia or northern Australia.
  • not have received a Business Evaluation Report, Business Evaluation Action Plan or a Business Review Report in the last five years.

How to apply

Lodge your application for a Business Evaluation at any time.

The Business Evaluation application takes about 15 minutes to complete. Our staff will contact you within four working days of receipt.

Apply for a Business Evaluation

If your application is successful

We will notify you about the outcome of your application within four working days. If successful, you are put in contact with a Business Adviser with relevant experience in your industry.

Key documents

  • Customer information guide
  • Factsheet
  • Frequently asked questions

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