Businesses

NetGain

NetGain is a not-for-profit organisation with a head office based in Seymour and offices located in Shepparton, Wangaratta, Wodonga, and Echuca. NetGain is one of approximately 50 organisations Australia wide providing the NEIS program (New Enterprise Incentive Scheme).

The NEIS program was started in 1986 and has a success rate of 90% after 5 years in Victoria.

The NEIS program is free to all eligible clients to assist in the starting up of a new business.  The course offers a six week full time training program covering all the important managerial skills needed to establish a successful business.
These include

Legal aspects including ownership structures, registration of business name, insurances, contracts, new tax legislation relating to small business, superannuation, licences, permits, codes of practise and intellectual property.

  • Marketing including identifying target markets, customer profiles, gathering statistics, conducting research, promotion strategies, location, pricing suppliers and support.
  • Financial strategies including profit and loss statements, balance sheets, break even points, contribution margins amd pricing strategies.
  • Record keeping including petty cash, cash receipts and payments records and bank reconciliations.

To be eligible participants need to be

  • On an eligible benefit from centrelink
  • Aged over 18 and under 65
  • Be starting a new business
  • Be able to demonstrate a uniqueness or need for that business idea

Participants compile a business plan during the course which is presented to a panel to be approved for on going support for up to twelve months.  This includes income support (non means tested) and mentor support

Further information can be obtained by contacting 1800 356 400, or 0427 688 758 or by contacting the Business Centre on 5832 1100