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theaussieway · 3 months

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Top 10 Small Profitable Business Ideas In Australia

On a global level, Australia was ranked 14th in the world for conducting business with ease in 2020, as per the data observed by the World Bank. Being the 6th largest country and having the 13th largest economy, Australia is known for maintaining an excellent economic landscape marked by well-regulated financial and corporate sectors. Most budding entrepreneurs are inspired to execute their own niche and leave a mark in the corporate world. In the ever-evolving technological world, many entrepreneurs have surged to unprecedented heights, building profitable businesses in Australia.

Here are some important insights:

The primary sources of revenue in Australia are driven by exports in the mining sector, banking, manufacturing, and telecommunications. The service sector contributes to 70% of GDP in the country, and this includes industries like education, tourism, and financial services. The population of Australia is around 26 million, and per capita income is $66,408, which creates a perfect atmosphere for Australian small businesses to flourish. As reported by Biztraction, the industrial sector contributes to 25.3% of GDP, and agriculture comprises 3.6% of GDP in the country.

Top 10 small business Ideas

1. Laundromats

The Laundromat business idea may sound a little distinct, but it is one of the most profitable business ideas in Australia. This business is about dry cleaning and laundry, which offers great returns. Annually, the laundromat business contributes $2 billion to the Australian economy, and an average Australian laundromat generates a return of approximately 25% of the initial investment every year, where the earnings range from $300 to $1300 per day.

4. Restaurant and Food Takeaway

The restaurant and food takeaway business in Australia is the most profitable sector. Many small businesses that entered the food and restaurant industries became big in no time. Some food chains started so small, and today they have a big name in the market, like Black Star Pastry, T2 Tea, Zumbo Patisserie,Gelato Messina, and much more. Through innovation, quality, and dedication, many Australian small businesses have gained prominence.

8. Online retailing/e-commerce

Online retailing or e-commerce, is a small business concept that is in constant demand. Many companies started small but became big giants. Online shopping has changed things so it is the new norm and shoppers are interested in buying products online and making online payments securely. They like the purchases to be delivered at their doorstep conveniently. In 2020, when the pandemic struck, online retail sales went up and there was remarkable growth experienced in Australia. Online sales accounted for over 15% of the retail market in the first quarter of 2021.

Read More: Top 10 Small Profitable Business Ideas In Australia

#Australiansmallbusinesses

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katebrownell · 2 years

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Time To Prepare For Aussie Small Businesses

Australian small businesses seem to open just before Christmas. Businesses around Victoria, New South Wales have finally begun to ease former restrictions after the extended lockdowns. In fact, the Bricks-and-mortar stores are opening their gates once again, demanding workers to join again. Follow small business news Australia here.

Almost after two years, the Australian SMBs are seeing some good. After countless extended lockdowns, the country is finally about to resume its normal form.

While other Australian states have gradually reopened as vaccination rates have risen, McGowan held strong and the state’s residents were able to live almost restriction-free lives within its borders. Western Australia only had 12 days of lockdown in total during the pandemic and recorded one death due to community transmission.

The decision to reopen comes even as New South Wales, the country’s most populous state, records increasing omicron variant case numbers. Early health advice given to McGowan and other state and territory leaders last week suggests the new variant is not as severe as prior strains.

Geof Alexander, general manager of Zip Business speaks to the small business owners in Australia and has shared what mindset is stopping the small business owners from reopening their stores at present.

Fluctuations in Business confidence still persists

It’s been a difficult few months this colder time of year for some Aussie businesses, especially those states that have persevered through long lockdowns. In any case, post that, Aussie organizations in different urban communities have likewise been anxious, managing shock snap lockdowns and the dread of additional lockdowns approaching overhead.

Alexander in an interview said that last year, New South Wales largely escaped lockdown until recently when they went down again for a few months.

Read more – Time To Prepare For Aussie Small Businesses

#Australiansmallbusinesses #AustralianSMBs

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brooklynbeedesigns · 1 year

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It’s Valentines Day! Which means, as a chronically single women, I must remind you all to love yourself too 🤪 #vinylstickers #stickeraddict #stickerporn #valentinesday #handmadeinaustralia #australiansmallbusiness (at Sydney, Australia) https://www.instagram.com/p/Conny_sykpE/?igshid=NGJjMDIxMWI=

#vinylstickers #stickeraddict #stickerporn #valentinesday #handmadeinaustralia #australiansmallbusiness

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wildlingheartsdecor · 1 year

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30% Off Sale ends Christmas Eve! Head to my Etsy store now

#bohodecor #macrame #handmade #australiansmallbusiness #boho home decor #crystals #bohoinspired #bohointeriors #chakrahealing #selenite #bohemiandecor #macramewallhanging #boho wall art

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metalrokjeweler · 2 years

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Spring has sprung. Rabbit 🐇 rabbit 🐇 . . . #happyspring #springhassprung #quote #jewelryshop #shopsmall #australiansmallbusiness (at Melbourne, Victoria, Australia) https://www.instagram.com/p/Ch8KTNiBMvz/?igshid=NGJjMDIxMWI=

#happyspring #springhassprung #quote #jewelryshop #shopsmall #australiansmallbusiness

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easybackofficeau · 7 months

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Improve Your CashFlow - Employees Management

The Economic Landscape and Its Impact on Small Businesses The economic landscape in Australia has been particularly challenging for small businesses. According to theAustralian Bureau of Statistics, small businesses account for 35% of Australia’s gross domestic profit and employ 44% of Australia’s workforce. However, they are also the most vulnerable to economic downturns. A recent survey…

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#AustralianSmallBusiness #BusinessGrowth #CashFlowManagement #DataAnalytics #DigitalTransformation #EasyBackOffice #EconomicPressure #EmployeeManagement #OperationalEfficiency #Planday #TimeEfficiency #XeroPayroll

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sushytalkies · 1 year

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The latest addition to My Digital #etsy Shop. https://www.etsy.com/shop/digitalblingdesigns/?etsrc=sdt https://www.pinterest.com.au/susmitadigitalcre.../etsy-shop/ . . . . . . . . . . . . . . . . #easter #lollipop #lollipopholders #supportsmall #supportsmallbusiness #australiansmallbusiness #digitaldownloadsforsale #svgcuttingfiles #kidscrafting #cricutcommunity #christmascrafts #classgift #endofyeargifts #cricutmaker #cricutmade #craftymom #christmaslollipopholders #officialcricut #easter2023 #svgcutfile #chupachupholders #personaliseddesigns #createdforyouau #etsyau #digitaldownloads #lollipopholdersvg #lollipopholder #snowman #cricutsvgfiles https://www.instagram.com/p/Cp_o1sjhK3d/?igshid=NGJjMDIxMWI=

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masalavegan · 1 year

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Just Another Vegan Grazing Board to celebrate Summer 🌺 What’s your favourite grazing board food? This one features my newest buys from the @vegandairyathome while my favourite vegan cheese shop @lapetitefauxmagerie is on holidays 💚 We also had fresh, handmade veggie dumplings sourced locally to celebrate the Chinese New Year 🧧 We had vegan vanilla wafers, facon roll ups, salty crisps & dips along with fruit too 🍒 All washed down with black tea bought from the English Tea Shop 🫖 @etsteas #masalavegan #feedfeedvegan #vegansofig #vegangrazingboard #aussievegans #whatveganseat #vegansofaustralia #instavegan #sydneyvegans #shoplocal #supportlocalbusiness #supportveganbusiness #vegansofsydney #australiansmallbusiness #veganfollow #veganfoodshare #veganfortheanimals #veganfortheplanet #fairtradeproducts #fairtradetea (at Sydney, Australia) https://www.instagram.com/p/Cn8BBVzyS1s/?igshid=NGJjMDIxMWI=

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tyideaustralia · 1 year

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'Twas the morning before Christmas, and everyone had finished their Christmas shopping and food preparation so decided to just spend the day on the couch??? Please? 😂🌲 . . . . #sustainability #outfitoftheday #thriftedfasion #upcycled #handmade #sustainable #fyp #slowfashion #newyearseveoutfit #tiedye #australiansmallbusiness #croptop #handdyed #tyedye #botanicalcolours #trending #plantdye #aussiefashion #madeinmelbourne #outfitinspo #tyide #tyideaustralia #depop #christmasdayoutfit #outfitpost #fashionideas #bluejeans https://www.instagram.com/p/CmhVBISyhXY/?igshid=NGJjMDIxMWI=

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theaussieway · 10 months

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10 Australian Startups In 2023 That Can Change Aussie Lifestyle

Besides, being a tourist hub, Australia is also where businesses thrive, especially startups.

Brands like Gleam and Canva are first-hand examples. Currently, the numbers look pretty impressive, with more than 1800 neo-age brands making an impact.

The reasons aren’t obscure enough to scan.

A. A rock-solid economy: Australia is the 13th among large economies that haven’t witnessed recession for over a couple of decades. Also, this nation has a pretty low unemployment rate and shows stable growth.

B. Strong and uncompromised VC funding: With more than 100 VC firms investing in Australia, coupled with incubators and accelerators, startups are blessed with early-stage boost-ups. Take 2022, for instance, when Australian startups raised no less than $5.1 Billion. Surprisingly, it’s a drop from 2021. Now, that’s growth right there.

Athena

Another 2017-born Aussie startup, Athena, is headquartered in Sydney and is a rising star in the fintech space. As a solution provider organization, they help individuals accelerate their home loan repayment and simplify the process of purchasing a home. By connecting homeowners and prospective homeowners with ethical investors, Athena has been able to successfully address the most pressing demands. The company set a new record for the largest fundraising ever achieved by an Australian company in May 2021 (a whopping $90 million).

Judo Bank

As a technology-driven lender, Judo is essentially a neobank specializing in financing solutions for small and medium-sized enterprises. Furthermore, it also offers a variety of personal term deposit products to individuals. As of January 2020, Judo Bank has successfully extended loans worth $1B to Australian small businesses, while also accumulating $1B in digital retail term deposits.

Read More: 10 Australian Startups In 2023 That Can Change Aussie Lifestyle

#Australiansmallbusinesses

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aussenskin · 2 years

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Was great to be a finalist in the @busseltoncci business awards night last night! Congratulations to all the finalists and winners! Had a great night 💕🥂💃🏼💃🏼 #awards #australianbusiness #australiansmallbusiness #australianbusinesswomen #aussenskin #sensitiveskincare sensitiveskincareproducts https://www.instagram.com/p/CkA9X7hyNt6/?igshid=NGJjMDIxMWI=

#awards #australianbusiness #australiansmallbusiness #australianbusinesswomen #aussenskin #sensitiveskincare

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cosimaskincare · 2 years

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★★★★★ I have been using your products for two weeks now and I’m absolutely loving them. For the first time after all the years of buying skincare I have actually found a product that I can visually see the difference to my skin. The firming is amazing and although I wouldn’t have ever thought possible, I noticed a difference after two days. I have just seen a member of my family who noticed how glowing my skin was and now wants to order some products. Loving my Cosima!!! Kind regards Selena . . . . . #goodforyourskin #skincareregime #skincaregoals #skincaretime #sharewithfriends #sharethelove #smallbusiness #dailyskincare #everydayskincare #gentleskincare #organicskincarebrand #freshface #australianbeauty #beautyproductsaustralia #skincareaustralia #fyp #discoverme #crueltyfreeskincareaustralia #australiansmallbusiness https://www.instagram.com/p/CjRHJFRBDdx/?igshid=NGJjMDIxMWI=

#goodforyourskin #skincareregime #skincaregoals #skincaretime #sharewithfriends #sharethelove #smallbusiness #dailyskincare #everydayskincare #gentleskincare #organicskincarebrand #freshface #australianbeauty #beautyproductsaustralia #skincareaustralia #fyp #discoverme #crueltyfreeskincareaustralia #australiansmallbusiness

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brooklynbeedesigns · 1 year

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As part of this huge secret announcement I have coming very soon, you should know by now that I’m running a 20% off sale (literally it’s all I’ve posted about this week and I’m sorry for being annoying about it 😅) ** Use code: SECRET20 at checkout ** Anyway, I’m running the sale to help clear out a bunch of designs to make way for a whole bunch of new stuff I’ll be launching over the next few months. A lot of the ‘older’ or ‘less popular’ designs will be retired once this sale is over on the 19th of Feb… the ones in this photo are some of the designs that will be retired. This isn’t limited to just the product shown either; I will be retiring designs as a whole. There is literally no better time to grab that thing you’ve had your eye on for a while because not only is it on sale, it just might be a design that is being retired 🥴 #australianartist #australiansmallbusiness #crewsock #keychain #phonegrip #acrylicpin #lapelpin #stickershop #inhaleexhale #shoplocalaustralia #clearancesale #handmadeinaustralia (at Sydney, Australia) https://www.instagram.com/p/CoYGU5oy5aw/?igshid=NGJjMDIxMWI=

#australianartist #australiansmallbusiness #crewsock #keychain #phonegrip #acrylicpin #lapelpin #stickershop #inhaleexhale #shoplocalaustralia #clearancesale #handmadeinaustralia

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kuldeep85-blog · 2 years

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The value of routine; trusting your swing." #golfisgreat #unitednotdivided #golfmk2 #australianflora #australianshepherdlove #golfaddicts #tennisworld #golfpro #australianarchitecture #golfgti #golftime #golfwang #australianshepherdpuppy #unitedasone #tagify_app #australiansmallbusiness #golfgram #tennisteam #unitedcolors_in #tennisdrills #unitedtogether #unitedinmotherhood #golfaddict #tennispro #golfdrills #tennisdetable #golfshot #unitedwestand #golfacademy #australianlandscape (at Hardoi) https://www.instagram.com/p/Ch3VGfXPVON/?igshid=NGJjMDIxMWI=

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clevercrow-curi0s-australia · 3 years

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Plague doc pendant available on my Etsy 💕🖤🦷 stay spooky!

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sushytalkies · 1 year

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The latest addition to My Digital #etsy Shop. https://www.etsy.com/shop/digitalblingdesigns/?etsrc=sdt https://www.pinterest.com.au/susmitadigitalcre.../etsy-shop/ . . . . . . . . . . . . . . . . #easter #lollipop #lollipopholders #supportsmall #supportsmallbusiness #australiansmallbusiness #digitaldownloadsforsale #svgcuttingfiles #kidscrafting #cricutcommunity #christmascrafts #classgift #endofyeargifts #cricutmaker #cricutmade #craftymom #christmaslollipopholders #officialcricut #easter2023 #svgcutfile #chupachupholders #personaliseddesigns #createdforyouau #etsyau #digitaldownloads #lollipopholdersvg #lollipopholder #snowman #cricutsvgfiles https://www.instagram.com/p/Cp_ovNbhbJa/?igshid=NGJjMDIxMWI=

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