ECCQ in collaboration with Nundah Coop, Amani Community Centre, and Logan City Council conducted its first of the five business training sessions in Slacks Creek aimed at helping community members especially migrants and refugees to understand legal, financial, and regulatory requirements in the Australian business environment.
The training workshop was facilitated by Michelle Martin, a Small Business Advisor from Logan City Council. The aim of the first workshop to help participants understand what it means to have a business and on how to start a small business. She provided guidance and support, particularly in navigating the challenges of starting and growing a business in Logan.
The trainer explained the importance of understanding and choosing the most appropriate business structure and having a business plan. She gave examples of three types of businesses structures i.e. Sole Trader, Partnership, and Company, and the advantages and disadvantages of each. She emphasized that Australian law must be followed and confirmed that state and local governments have different regulations. Depending on the type of business, one will need different licenses.
The students were very attentive, and from their expressions, it was clear they really enjoyed the subject. When asked if they had any prior business experience, it turned out that the majority had some experience from overseas in hospitality and fashion.
Here is what some of the community members had to say about the challenges preventing them from starting a business:
- Financial Limitations: “Starting a business here in Australia requires capital to pay for rent, equipment, and marketing, and most of us lack sufficient funds or don’t have access to funding opportunities.”
- Australian Law: “I fear Australian law. I need to know more about it before starting a business, otherwise, I will be in trouble. There are strict rules for export and import, especially food.”
- Lack of Support System: “I need an advisor to explain more about business to me.”
The trainer encouraged the participants to start small at home or even partnering with someone else.
Overall feedback from Students:
“This was amazing! We learned so much, and we are really looking forward to the next session.”
The next session will be on 19th June, discussing Business registration and obtain an ABN.
Thank you, Michelle, for educating the students on how to start a business.
