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2023-06-23 12:09 pm

Growing your business

What to think about when planning business growth and exploring your finance options.

To grow your business you will need to research and plan your growth to ensure you are in control at all times.

Government resources

There's some excellent information to assist with growing your business at https://business.vic.gov.au/business-information/grow-your-business/create-opportunities-to-grow-your-business.

What you might need

  • Revised business plan
  • Capital
  • Equipment
  • Professional advice
  • Relevant permits and licences.

Some questions to consider

  • How much can I borrow?
  • Will rates be fixed or variable?
  • What will the loan period be?
  • What fees and charges apply?

Person looking at Bank Australia mobile app on mobile phone