Want to know more about Self-Employment Assistance? Below are some commonly asked questions.
If you have a question that isn’t on the list, you can contact us with your question, and we will be in touch.
Am I Eligible for Self-Employment Assistance?
To be eligible for Self-Employment Assistance, you must:
- Be at least 15 years of age (noting that a person must be 18 years of age to access Small Business Coaching)
- Be allowed to legally work in Australia
- Be available to participate in the program and work the required hours in your proposed business
- Not be engaged in education and/or employment for more than 25 hours per week
- Not be an overseas visitor on a working holiday or an overseas student studying in Australia
- Not be an undischarged bankrupt
Is my business eligible for Self-Employment Assistance?
Your Business or Business Idea must be either:
- a new business, or
- a business which is operated by an Eligible Business Owner
- have an independent business structure
- be lawful and capable of withstanding public scrutiny
- be, or is, established, located, and operated solely within Australia, and
- be, or is, structured so the Participant has and will maintain a controlling interest over the business throughout the duration of the Participant’s time accessing the Services.
How do I enrol in Self-Employment Assistance?
You can enrol into Self-Employment Assistance by lodging an online application with us here. We will check your eligibility and may contact you for further information before confirming your enrolment and pathway.
However, before lodging your application, we would suggest you read through the fact sheet here for some basic information.
Can I enter Self-Employment Assistance in a partnership?
Yes, you can have a Self-Employment Assistance partner in your business. You will be required to submit a partnership agreement before starting the program. You will need to have equal or greater share and control over the business if partnering with a non-Self-Employment Assistance business partner.
You can have an equal controlling interest if partnering with another applicant.
How many hours do I have to spend on my business?
You will need to work full-time, 35 hours or more per week. This does not apply to job seekers under restricted work capacity.
Can I work as well as being on Self-Employment Assistance?
Yes, you may work 15-25 hours per week externally from your Self-Employment Assistance business, you will require pre-approval for the external work before commencing on to Small Business Coaching.
Working externally more than 25 hours per week will make you ineligible for Self-Employment Assistance.
Is my Self-Employment Assistance income taxable?
Yes, you will need to consider this when completing your financial projections for Self-Employment Assistance application.
Can I train at my own pace?
Online training provides a degree of flexibility; however you will need to make yourself available at set dates and times for the virtual classroom sessions and ensure you submit coursework on time.
All training is live, and attendance is monitored for RTO requirements.
Can I do this online?
Yes, our online training sessions will provide you with everything you will need to learn on how to run your own business and support you through your journey.
This includes virtual classrooms, one-on-one phone and online support for participants, and online submission of coursework.
Can I start an arts business?
Yes, many creatives have participated in the program and have enjoyed great success over the years. We will help turn your talent and passion into a profitable business.
Participants learn what products or services they can identify niche markets for and how to market them effectively.
Can I get a grant to start my business?
Unfortunately, no. Only those already on welfare payments will be eligible for the Self-Employment Allowance Payment.
This is paid upon commencement of Small Business Coaching and will be received over the course of the first 39 weeks of Small Business Coaching.
Can I run my business from home?
Yes, many of our previous participants have run successful businesses from home.
Can I run my business around school hours?
Yes, one of the many benefits of running your own business is choosing your own hours, meaning yes, you can run your business around school hours. If you are unsure how you are going to make those hours work, a friendly chat to our business advisors can give you the tips you need to work around school hours effectively.
Training hours range from 9am-3pm, meaning you can work Self-Employment Assistance around your family commitments.
Can I read some Self-Employment Assistance success stories?
Yes, you can read all about the very talented people who launched their very own successful business here.
Please note, past participants came through the original New Business Assistance with NEIS program, it has since been replaced with Self-Employment Assistance. Which is a larger and revised version of the NEIS program.
Do you have any Self-Employment Assistance testimonials I can read?
Yes, behind every testimonial is an experience that matters. Take a look at what our previous clients have to say about the program here.
Can I see the Self-Employment Assistance training schedule?
Yes, our Self-Employment Assistance training runs both online and in person. You can take a look at our 2022 training schedule here.
WANT TO BE YOUR OWN BOSS?
Let’s check your eligibility for Self-Employment Assistance now.
Ackowledgement Of Country
Business Foundations acknowledges the traditional custodians throughout Western Australia and their continuing connection to the land, waters and community. We pay our respects to all members of the Aboriginal communities and their cultures; and to Elders both past and present.