Starting Business in East Arnhem NT
Today we are sharing Frank’s journey to starting a fishing gear business in East Arnhem, NT.
Frank Durrurrnga used to work for the local Council however wanted to start his own business to set himself up for the future.
Starting a business had always been on Frank’s mind and when a friend told him about Many Rivers, the dream became a reality.
Read on as Frank shares his story.
The business idea
My business is selling fishing gear and I sold it for a little while when I first started around June. After that I had to stop because of all the funerals and other family stuff. I started up again over Christmas and price everything again. A couple of people are already asking me to buy some stuff off me.
How did Many Rivers help?
Well, it’s helped me with banking things. Like opening another bank account so I can put my business money in there. Ideas about how the business should go and this has helped me to understand the better of selling fishing gear, like legally.
I got a loan. I used that loan to buy some fishing gear.
The biggest challenge
The hardest thing is because I have big fishing supplies, like fishing rods and crab pots, I find it difficult to where they should go. Normally I put them in my room and it’s too big for my room. It’s hard to know where to store it.
I was just thinking about having a business, maybe it’s good for me to have one because maybe later on I’ll stop working for the Council because of my health. And that’s why I want to do my own little business.
Plans for the future
Maybe I get my business better soon.
Thank you for sharing your story Frank and we look forward to helping you grow your business, together.
If you want to take that first step towards building on your business idea please take our Small Business Self Assessment and see if we are right for you.