If you run a small to medium-sized business that assists people with impairments, you might be debating whether to sign up with the National Disability Insurance Scheme (NDIS).
Being NDIS registered has many benefits, but sometimes the notion of a drawn-out registration process and the expenses can outweigh them. Your business objectives and the services you offer will influence the optimal time to register.
This post will examine when the registration procedure should be started and how to determine if it’s the best choice for your business.
Are you required to register?
The first thing to remember is that you might need to register if you offer specific services to NDIS participants. You need to register if you carry out any of the following services:
- Provide participants with additional accommodations.
- Make strategies that encourage good behaviour.
- Use limited methods.
- Deliver services or support under the Australian government-funded Disability Support for Older Australians Program (unless you have a written exemption).
- Provide assistance and services to NDIS participants if their plan is under the National Disability Insurance Agency’s supervision (NDIA).
Registration is not necessary if you don’t intend to offer these services or work with NDIA-managed participants.
What are the benefits of enrolling your business in the NDIS?
Credibility and dependability
Before registering with the NDIS, you must satisfy a set of quality and safety requirements established by the NDIS Quality and Safeguards Commission. Being a registered NDIS provider informs NDIS participants that you have complied with these regulations which increases the credibility of your business. Additionally, it enables you to market your services as NDIS-approved.
Access to a bigger client base
Your services will be available to all NDIS participants, including those whose plans are managed by the NDIA. Your business will be listed on the NDIS website for NDIS participants looking for a provider.
More resources and services at your disposal
Registered providers can access numerous NDIS training resources and tools. Additionally, updates, information, and revisions to the plan or procedure are shared with them.
Registered providers can request that payment be taken straight from a participant’s plan using the NDIS portal. This suggests that you can concentrate on offering services and assistance throughout your client encounters rather than having to worry about receiving payments.
Questions to consider before making a decision
When determining whether to make the change now, later, or continue business as an unregistered provider, keep the following factors in mind:
- Do any of the conditions necessitating registration apply to your business?
- Do you plan to grow your business now or in the future? If this is the case, signing up will enable you to access NDIS participants under the NDIA’s management. You may remain unregistered if you wish to keep your business small and local.
- Do you have the resources to pay for the NDIS registration process now or in the future?
- Do you need to put other goals first, like hiring more staff or buying new equipment, or is NDIS registration your top priority?
- Do you currently meet the registration requirements? If not, when will you be able to?