Part of the strategic plan for your business could include a grant from the state or federal Australian government. This is worth considering particularly if you are having cash flow difficulties.

There are two sites worth investigating if this situation applies to your business.

Business Victoria

Business Victoria has a range of grants you can apply for that will assist you with financial support, education, advice and training programs. Business Victoria can help you with all aspects of your business ranging from research and development to management and export of your product.

If you go their website you can find a grant, browse by category and find links to business advice and referrals. Other services include developing products and services programs, employer services, environment and sustainability programs, export assistance, industry sectors assistance, information technology programs, management programs and assistance and regional programs and assistance.

The Business Victoria website can be found here: http://www.business.vic.gov.au/BUSVIC/LANDING/SEC06.html

The Australian Government Grants Funding Directory

The Australian Government Grants Funding Directory is also another useful site. It says that grant money is available for business owners serious about creating a better future for themselves and others and interested in helping Australia to continue to build on its growth and create a strong economic environment for the future.

The Australian Government Grants Funding Directory can be found here: http://grants-gov.com.au/

Bear in mind that grants can take awhile to prepare and that you need to know your company intimately and able to clearly express and define your business goals. Nevertheless, these grants can give invaluable support if you are successful in your application. Good luck.