The ultimate guide for starting a business in Australia
Australia is one of the business-friendly countries. Being the world’s sixth-largest country by total area, Australia has the 13th-largest economy and ninth-highest per capita income (IMF) in the world. The country generates its revenue from various sources, including mining-related exports, agriculture, dairy cattle farming, telecommunications, banking, and manufacturing. The service sector of the country contributes 7% of its GDP.
Here is a list of business ideas that makes a perfect entry for entrepreneurs.
Image source - Pixabay (Copyright free)
The best way to start a business from scratch is to write about your passionate stuff. Create a website and make a portfolio of your works. Being able to inspire your audience through writing is a beautiful feeling. It has a significant impact on your article when you start writing regularly. Once you get into the swing of writing, you will develop a unique style of writing. Through writing often, you will get an idea of what your readers love to read. Doing so will inspire your readers and influences them.
To start a blog, identify your area of expertise and start writing about it. Blogging improves your communication skills and learning abilities. Once you influence a more vast audience positively, you can start making money by marketing your brand.
Tip - Selecting a topic with a high niche market is recommended for bloggers.
If you are a hotshot writer, then copywriting is the best way to showcase your creativity and writing skills. Many advertising companies and marketing agencies are looking for great copywriters who can deliver their products’ interactive content. Copywriting plays a significant role in marketing a product or service to the target audience. Platforms like Upwork, Fiverr are great sites to look for freelance job posts from all over the world.
Vlogging on Youtube has been in trend for the past 2-3 years. It is wise to select the genre and your content type before starting a vlog. There are various types of vloggers such as lifestyle, fashion, entertainment, food, etc. More vloggers have attained success from creating videos for fun. Youtube has a vast collection of video content varying from food habits to travel leisures.
You don't need a special camera to start vlogging. Initially, begin making vlogs using your smartphone camera. Videos are more effective than sharing a picture and writing captions. Post videos on a day-to-day basis and interact with the audience that impacts your following on social media. Once you achieve a good number of subscribers, you can make money through ads.
4. Home Staging Business
Home stagers play a vital role in buying and selling a home. Staging increases the demand and value of a home and decreases the amount of time a home is on the market. Real estate company surveys revealed 98% of agents believe styling a property helps fetch higher sales and increase value by over 2.5%. Most agents also agreed that styling leads to a quicker sale and multiple offers through private treaties and auctions.
5.Home Daycare Business
You like being around kids, but can you manage them? If so, home daycare can be a great business idea for aspiring entrepreneurs who love children. Operating an in-home daycare neglects the need for massive investment and can be set up with minimal startup costs. Before deciding to open a child daycare, you will have to understand early childhood education. Taking care of children and assuring their safety is a big responsibility.
The business opportunities that exist for personal trainers are diverse and abundant. Being a personal trainer has its benefits, such as flexible work hours, independent work, and multiple sessions. You can offer to train clients at your home gym, workout room, or through virtual platforms. Or travel to clients’ preferred location. You can gather more clients by taking your fitness programs on online platforms like Skype, Zoom.
Ideas like becoming a personal trainer are great for fitness-loving entrepreneurs.
A fashion designer can decide to have an independent career by starting their designer studio or boutique shop. Being a fashion designer provides you with endless options. From designing a scarf to stitching a dress, fashion designing is all about creating new clothes and accessories that uniquely defines you. The joy of seeing people wearing your designer clothes is beyond description. You can earn a lot by designing clothes as consumers prefer unique wearables.
Creativity, Innovation, and Imagination are what defines an Interior Designer. Interior Designing is a satisfying career for those who can transform ordinary spaces into pleasant rooms. People started adapting to smaller areas because of the rise in urban population and scarcity of space at affordable market rates. Designing a space with limited resources is what most people need. The more creative and innovative you become, the more projects will come your way.
9.Social Media Consultant
According to social media reports, 3.8 billion people use social networks globally. It’s becoming difficult for companies to market their product or services across social media platforms with such a broad audience. Hiring an in-house social media marketing team and training them is tricky and expensive. As a result, companies with limited resources prefer to hire a social media consultant to enhance their social presence and traffic.
According to stats, 4.7 million pet owners in Australia have dogs. Dog grooming could be a thriving business for those looking to start a pet salon. Before beginning a pet spa, decide upon where you operate your business, as it can be from home, a pet spa, or mobile. Consider starting a home-based pet groomer as it neglects massive capital. Take professional courses on pet grooming from a local college (for example, TAFE) for a more professional approach and buy essential grooming equipment.
11. Pet Sitter
Pet sitting or dog walking is a fantastic opportunity for pet lovers. You can start this as a side pursuit with no equipment needed and visit clients’ homes. The benefits of being a pet sitter include flexible hours, cost-free home business. Make sure to get a hold of your dog’s leash while walking, though.
12.Gift Basket Arranger
Sending gifts to friends and families has always been a tradition that symbolizes love and care. Buying gifts at a store can be fun but getting personalized gifts for your loved ones has a different feeling. A gift basket service isn’t as simple as it sounds. It needs design skills, creativity, and uniqueness. Making a gift basket has various processes like buying gifts, organizing them, packing them in a well-designed basket, decorations, and delivering them on-time to the customers. If you have needed skills, starting a gift basket service can be worth it.
Baking and serving unique baked goods to your customers is a fantastic experience. Most of the home bakers learn baking through YouTube videos or trial and error. But if you plan to become a commercial home-based baker, it is recommended that you take a professional course or attend workshops from renowned institutes or star chefs. Learning to decorate a cake can be an added advantage.
14. Jam Seller
Jam seller is another worthwhile business opportunity for food lovers. Homemade jam selling is not about making jam and selling it to customers, and it needs proper setup. You need to look for product safety rules if you decide on starting jam selling as your full-time business. Anyways, the fresh jam is always a special treat to friends and family. Also, selling to local consumers can build a brand reputation.
If you enjoy growing unique flowers and creating beautiful floral baskets, floristry can be just the right thing for you. Organizing and styling beautiful floral arrangements can be an exciting job. The joy of making your customers happy is the most incredible feeling in running a store.
16.Vacation Rental Owner
Do you have an apartment for rent, an extra room, or a guest room just right outside your home that’s not in use? Turn them into vacation rentals and post on websites like Airbnb, VRBO.com, HomeStay, etc.
What if making travel arrangements can be turned into a business? Planning and organizing vacations can be tricky and complicated for many people. Tavel enthusiasts and highly knowledgeable travel experts can set up a venture that offers travel services.
18.Bed and Breakfast Operator
Bed and breakfast (aka B&B) differ from a hotel because of its approach and modern infrastructure. Living and feeling like a local during vacations has never been comfortable. B&B’s provide a stay where travelers feel local as it offers a home-like stay and service. Having your B&B can be expensive but worth it.
19.Christmas Tree Farmer
Farming is always a great idea when it comes to business. If you have a farm where you can grow Christmas trees and welcome people around to purchase them, then running a Christmas tree farm can be a fun-loving business.
20.Online Retail Business
The online business model is in the trend because of its business structure. If you have products that you think can be sold on an online platform, having your online storefront can be an excellent way to make money. Amazon, eBay, Etsy offers to sell your products online, or you can launch your online shop using E-commerce platforms like Shopify, Weebly, BigCommerce, and more.
Image source - Pixabay (Copyright free)
Are you someone who enjoys planning parties? Transform your events planning skills into a home-based business to earn profits. Maintain good relationships with the local people as well as clients to build brand reputation. Market your brand using social media platforms to create brand awareness and to fetch new business opportunities. Setup an office in your city and attract corporate and local clients.
A cleaning service can be a lucrative opportunity for people who love to clean. Start with one or two domestic cleaning services initially and offer services in the neighborhood. As the demand for cleaning services is increasing in the market, the revenue margin can be high.
A laundromat can be a profitable business opportunity in the Australian market. According to IBIS World, the laundry and dry cleaning industry in Australia gross revenue of $2 billion annually. Starting a laundromat can be expensive as it involves buying laundry equipment, supply, installation, and finding space for the store but makes significant revenue in Australia.
24. Airport Shuttle Service
The rare and highly profit-making business in a tourist country like Australia is having an airport shuttle service as your business. It may be expensive to get started, but it earns a high income on the run. Excellent management skills are required to run this business. Establish tie-ups with hotels, resorts, restaurants, and travel agencies to fetch clients.
If you are a food lover with entrepreneurial spirits, starting a home-based catering can be the right choice. The food and service provided plays a significant role in catering as the ratings are on word of mouth recommendations. If you plan on starting a catering service in Australia, make sure to meet the food safety essentials.
Image source - Pixabay (Copyright free)
26.Smart Home Developer
Home automation is an innovative and futuristic way of designing dream homes. The process of creating a smart home is probably the best thing one can come across while building their homes. Smart home technology provides the ability to automate and control household appliances remotely through your phone. Houses with such devices tend to have higher tags on the market. Smart Device Network Security Business is booming in Australian cities such a Sydney, Melbourne, and Brisbane.
27.Elderly Personal Service and Care Company
Elderly care services are in great demand where families are continually working. Taking care of senior citizens also involves providing medical services. If you have the medical supplies and equipment to set up your elderly care residency, start your service at a preferred location. You can also prefer to offer elderly care services at their homes, which neglect the massive investment.
28. Organic meal delivery
A healthy meal is essential for your diet and fitness. Staying fit while employees work from home can seem impossible, but an organic meal with regular workouts can help stay fit. If you have space to set up your kitchen and make healthy organic foods, starting your organic meal delivery service can be exciting.
29.Agriculture and Livestock
Australian farmers are among the world’s most effective cattle producers and rank third in the dairy sector. The market size of agriculture-based businesses that contributes to the Australian economy is around $2.81 billion. If you own a farm or have an interest in animals, get started with your agriculture.
30. Construction Business
The Construction industry in Australia is a fast-growing and sustainable business. Most Australian companies are looking to expand their business in construction. If you have sufficient funding and a proper business plan to set up your construction firm, starting a firm will fetch great returns.
31. Tourism Business
Australia is always known for its natural resources and exotic tourist destinations. If you are a travel enthusiast and consider yourself an expert in traveling, starting a travel and tourism firm that offers travelers’ services across the world will be a hit.
Starting a recycling company is a great way to generate income as well as supports the environment. To create a recycling company, decide on the type of recycling, research who the buyers are, sell, machinery, and work management. As the magnitude of garbage increases with the consumption of products every day, recycling can be a successful business idea.
33.Import/ Export Business
Buy products from the global market and sell them to the domestic audience for higher prices. A reputed brand in the domestic market that qualifies for the food safety or product safety checks can sell products globally by exporting them.
In a salon or spa, you will have to work in the evenings or the weekend. But if you could buy the essential tools required to run your business from home and are a certified professional, consider starting a home-based salon or spa. You could also travel to the clients’ location in case you own a vehicle.
35. Business consultant
Are you highly experience and skilled in your field? Put your knowledge to work. Build a website that showcases your expertise and knowledge, marketing your brand on social media platforms like Facebook, Instagram using digital marketing will help fetch potential clients.
Making your own wine from your own grapes can be refreshing and rewarding. The process of brewing can be exciting and rewarding. If you can brew wine and sell it on the domestic market, use the wine Start-kit available across the internet to brew perfect wine. Remember, food licenses are needed to sell any of them in the stores.
Gardening is a skill that requires knowledge about gardens and patience. Not everyone has the time to maintain their outdoor gardens. Take a survey of people in need of gardening services, and the services demanded while performing the market research. Start your gardening company that explicitly offers excellent customer service.
Online tutorials are in great demand because of the increase in demand for E-learning. If you are highly experienced, ready to share your knowledge, and tutor others, taking virtual tutorials can be worth it.
39.Graphic Design Services
Graphic designing services are everywhere as designers perform various roles, from designing a logo to making creative posts for marketing. Graphic designers are in great demand, and most companies prefer freelancers to avoid the in-house costs.
Find opportunities on platforms like Upwork, Fiverr to find clients across the globe. Students and individuals with artistic skills can pursue graphic designing as their side pursuit to earn a decent income. Create and sell template designs on popular Australian platforms like Canva and Envato.
40. Stock Photography
Are you a photographer? If you have exceptional photography skills, capturing and selling the photographs on websites like Shutterstock, Adobe Stock, iStock can earn a decent income.
Despite the challenges faced by the global economy, starting a business in Australia is far better than starting a business in any other country. Starting a business may sound like a mountain of tasks. But the amount of money, risk, the effort involved depends on the type of business you choose.