How to Assess Your Business Viability

If you are a new or existing micro or small business owner, this webinar is for you! Get the help and practical tips that you can use to assess your businesses financial health. Entrepreneurship Facilitator Natalie Brookes, small business expert Linden from the ATO and business advisor David Shire, walk you through what you need to know to assess if your business is financially viable or not.

This webinar will cover topics like:

  • Start-up and ongoing costs
  • Break-even analysis
  • Key Financial Ratios
  • Financial statements
  • Benchmarking
  • ATO Business Viability Assessment Tool.

View and download the following documents from this session: presentation slidesClosing Your Business Handout, Considering Your Business Vitality Handout and session transcript

ABOUT ENTREPRENEURSHIP FACILITATOR SERVICE

Entrepreneurship Facilitators provide free and practical assistance to support and encourage individuals to start a business as a way to create their own job. Ready to get your business idea off the ground? Learn more.

Natalie Brookes

Entrepreneurship Facilitator, Richmond - Tweed (Ballina) | Business Australia

Natalie is the Entrepreneurship Facilitator appointed to service the Richmond - Tweed (Ballina) region - an initiative of the Australian Government. Natalie has a wealth of experience in start-ups having established two of her own and understands the freedom and joy that self-employment brings.

Linden Regina

Small Business Educator, Australian Taxation Office (ATO)

Linden lives and breathes Small Business! Being raised on a farm, she understands the pressures of running a business, trying to meet all your obligations, manage cash flow, pay the bills and raise a family. Her ATO portfolio includes a broad knowledge across taxation and superannuation.

David Shire

CEO, Brilliant Business Success

David has over 20-years’ experience working with large corporations to small businesses and start-ups. He believes business can be incredibly rewarding both mentally and financially and also understands the devastating effects of businesses failing.

The statements, analysis, opinions and conclusions expressed in this Webinar presentation and any related written materials (collectively, the Webinar Materials) are those of the ATO and do not necessarily represent the views of Business Australia. Business Australia expressly disclaims any and all liability arising from or in connection with the access to, participation in, or use of the Webinar Materials by you or any other person. Any advice provided as part of the Webinar Materials will be general business advice and will not constitute financial, legal, taxation, accounting or insolvency advice. Any advice will not take into account your personal objectives, financial situation or specific needs. Before acting on any advice, you should consider the appropriateness of the advice having regard to its objectives, financial situation and needs. Before making any decision, it is important for you to consider these matters and to seek appropriate financial, legal, taxation, accounting and other professional advice.