Business Evaluation

Tell me about the assistance

Experienced Business Advisers review business operations, including business direction and strategy. The outcome of the review is an Evaluation Report with suggestions for business improvement. Business Evaluations are free for eligible businesses.

  • Status: Open (accepting applications)
  • Applications close: Ongoing
  • Delivered by: AusIndustry

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.

What support or funding is available?

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.

Who can apply?

A business must be:

  • a for-profit company registered and operating in Australia,
  • non tax-exempt,
  • registered for GST, and
  • a company with trading activities that are the majority of its overall activities.

Your application needs to show your business’ commitment to apply the strategies you receive.

What are the eligibility criteria?

To be able to apply for a business evaluation, you 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, or
    • provide Enabling Technologies and Services to one or more of the Growth Sectors, or
    • have the skills, ability, expertise or intellectual property to work in or with one or more of the Growth Sectors in the future, or
    • be a tourism business operating in Northern Australia.
  • be solvent
  • 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.
  • have filed Business Activity Statements in Australia showing ongoing trading in at least three successive years
  • not have received a Business Evaluation Report, Business Evaluation Action Plan or a Business Review Report in the last five years.

How do I apply?

Lodge your application for a Business Evaluation at any time through the online Business Evaluation Application Form found on the I’m ready to apply tab.

How will I know if I am 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

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