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Apprentices: Cost, benefit and how to make it work

  • support28631
  • Nov 10
  • 2 min read

Setting your trade business up for success with budgeting

Taking on an apprentice can feel like a big step, with extra paperwork, training time, and the worry about whether it’ll actually pay off. But the truth is, apprentices can be one of the smartest investments you’ll make in your trade business, if you plan it right.


Why consider an apprentice?

Apprentices bring fresh energy and loyalty when mentored well. You can train them your way, build a strong team culture, and create a pipeline of skilled workers who understand your standards from day one. For many tradies, apprentices are also the key to stepping back from the tools and growing the business sustainably.


The financial side

There’s no denying the upfront costs, wages, training time, supervision, insurance and extra admin. But those costs are offset by:

  • Government incentives and wage subsidies, especially for priority trades or new-entrant employers.

  • Reduced labour costs compared to hiring a fully qualified tradie.

  • Long-term retention - apprentices who train under you are more likely to stay loyal once qualified.

  • Boosted productivity as your apprentice gains skills and independence over time.


You’ll also benefit from predictable labour costs and the ability to schedule jobs more efficiently once they’re part of the team.


Making it work

To get the best out of an apprenticeship arrangement:

  • Plan ahead: set clear expectations, job roles, and a structured training plan.

  • Register properly: with an Australian Apprenticeship Support Network provider to access incentives and stay compliant.

  • Be patient with training: it takes time for apprentices to build speed and confidence, but that’s time invested in your business’s future.

  • Encourage growth: celebrate milestones like TAFE progression or new competencies learned on-site.


Apprenticeship success often comes down to good communication and a supportive culture. When apprentices feel valued, they work harder, stay longer, and become advocates for your brand.


Handled well, an apprentice doesn’t just fill a labour gap; they become a long-term asset who grows with your business and reflects its values in every job.



At Acc Nav, we help tradies master the money side of business, from payroll and BAS to cash flow and tax planning. Need help understanding apprentice costs and incentives? Check out our Small Business Foundations Course.

 
 
 

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