An assessment tool to assist
Starting your own business
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Welcome to this Start Your Own Business (SYOB) self-assessment App.  The assessment component it contains is a key part of the application process for a Māori Women's Development Inc (MWDI) business loan. You will only be sent the Loan Application form after you have completed and submitted your responses for analysis by MWDI staff and been assessed as a likely suitable applicant for more detailed consideration.

Prior to being offered the Submit option of your assessment, you will need to accept the terms and conditions, both specified and implied, of MWDI.  Without this submission your information is totally confidential to you (or anyone else with whom you've shared your login URL).
  Please tap on the link below to use the latest version.  
  About the App    
    This App is web-based which means it can be accessed on any device with a Browser and where there is connectivity.  There is no tracking code or the like within this App.  Once you have created your unique login URL, the information you have added will be saved.  [To ensure this occurs regularly, periodically tap the Update buttons.] This means that you can complete the exercise over any period of time that best suits your circumstances, in line with any overall MWDI time constraints. 

When you are happy with the completed assessment, there is the option to Submit it to MWDI.  You will get a copy of this submission sent to the email address you have provided.

Once you have Submitted your completed assessment, please do not make any changes because MWDI reserves the right to access your assessment online for more detailed analysis.

There is no access to the assessment component of the App until a login URL has been created. Follow the instructions below.

  Creating a login    
    The first step is to email us for a link to the SYOB access code generator. If your device is linked to an email App, tap on the link below and the email will be created automatically. Otherwise just email:  Subject: SYOB access code.  You should get an reply within a few minutes.  
    Name of licenced user:  
  Bookmark your login URL after the App has reopened.  
  Access to the Assessment    
  © 2020 -  All rights reserved  
  Starting your own business
a self-assessment tool
  A loan application requires the completion of a full business plan and other documentation, all of which will take a considerable amount of time.  This self-assessment App is designed to give you, and if you decide to submit it, the MWDI team, an overview of you and your business proposal. 
MWDI reserves the right to contact any submitter and ask questions about any of the answers in this assessment.
This is required so you get a copy of your assessment.
  Tel No:  
Tick the boxes adjacent to the various headings to view that section. Only one section at a time can be viewed.
Ensure you add comments where they are required to move on.
    D Est FTE employees
FTE = Full Time Equivalent
Include yourself and any others to be paid by your business as contractors or employees averaged over your first 12 months.
    E Have you consulted:      
  NA = Not applicable, 0 = No knowledge, experience, skills, through to 5 = extensive knowledge, experience, skills (a near expert).  
    1   -  in running any business;
    2   -  in running your own business;
    3   -  in running the type proposed;
    4   -  in managing staff;
    5   -  in managing client relationships;
    6   -  in dealing with professionals (eg accountants, lawyers);
    7   -  verbal communication;
    8   -  written communication;
    9   -  numeracy (ie good with numbers);
      -  interpersonal skills;
      -  knowledge of technology;
      -  knowledge of social media;
      -  technical re the proposed business;
If you are not intending to employ anyone, NA is the appropriate answer for some headings below.
      -  Business trading entities
      -  Income tax
      -  GST (incl registration criteria)
      -  PAYE, ACC & Kiwi-saver
      -  Employer obligations
      -  Employee holiday entitlements
      -  Health & Safety obligations
      -  Any registration requirements for your business
      -  Business insurance
      -  Obligations of directors
      -  Relevant trade organisations
      -  Intellectual property
    Do you have:      
      -  adequate capital
      -  access to more if required
      -  a good relationship with your bank
      -  customers/clients already committed
      -  a trading entity set up
      -  any health issues
    From here, some business specific info.  
USP is Unique Selling Proposition, ie why would you get business instead of others.
How are customers/clients going know about your existence?
    Funding arranged  
    Investment requirement  $    
    Own funds                      $    
    3rd party equity              $    
    Bank loan                       $    
    Private loan                    $    
      Total Funding    
    Use of Funds  
Capital expenditure, ie the asset purchases required, if any, to start the business.
Capital Expenditure        $    
Include a sum (for 12 mionths) for yourself if you have provided for in your projections. While you are entitled to take "drawings", you need to be aware they are taxable and you will need to file a Tax Return.
Proposed drawings        $    
    Projected revenue          $ 3 mths  
          6 mths  
          12 mths  
Do not include payments to yourself (if there are to be any). They are captured above.
Projected expenses       $ 3 mths  
          6 mths  
          12 mths  
  By submitting this assessment you are deemed to be agreeing to its terms and conditions.  
   (Tick) to proceed.  
  © 2020 - All rights reserved  
  This section is not for access by clients. It is exclusively for use by the assessor or mentor in getting a better understanding of their client and her strengths and weaknesses.

Neither is it a decision making tool for assessment but rather a means of ascertaining key information for use in the decision making process.
  Assessment statistics (Qs 1 to 27)    
    Total questions answered    
    Answered as: NA    
    Answered as: 0    
    Answered as: 5    
    Raw score    
    Weighted score    
  Points to note:        
      Professionals consulted Weighted  
      Experience score  
      Basic skills score  
      Business skills score  
    The personal attributes sought in the responses to questions 1 to 27, are not all of equal importance.  Furthermore, their importance may vary depending on the nature of the business and circumstance.  For this reason we have provided the ability for the assessor to be able to change the weighting from the default.