Do you have the drive to start a business?
From having a sense of accomplishment to earning a living, there can be several reasons that make us want to start a business. But we all know it is a hard choice with many sacrifices. And without the right drive to really want to achieve it there is no point in really starting a business.
Not being a kill-joy here but we have encountered a lot of hard working people who have the drive ,the passion to start a business vs the people who start for the sake of being named a business owner. But let me tell you, in the long run the one with the drive always wins.
So if you have figured yourself out and have the drive to really start a business and succeed, let’s look into some business ideas which you can start with a minimum budget in Australia.
What are the types of great business ideas out there?
You can do your own research on a good business idea that inspires you to start your business or you can ask an expert.
Here are a few ideas that we compiled after discussing with several business owners how they came up with their ideas.
Starting an online business
If you have a laptop and a good wi-fi connection, your business opportunities are endless online.
Freelancing, blogging, drop-shipping to even owning an e-commerce store if you have the means and the space, being online gives you a lot of opportunities for a business.
Starting a brick-and-mortar business
If you have the enough capital to find a space to start your own business in a physical storefront, the ideas are immense; a restaurant, a clothing line, a retail store,a supermarket to name a few.
But that doesn’t mean your customers would not want to see you online.
Even if they find you while literally walking down the road you are located, there is a high chance they would like to know more about you, your new collections,offers & even to give a good rating for you in social media.
Which means you know that it is essential to have an online presence for your growth.
Starting a franchise
There are so many franchises out there in the Australian market and here are some of the industries you can invest in a franchise.
Once you have a good idea on your researched options,you can select a franchise that aligns with your business goals and as most franchises look in to work with corporations or LLCs it would be necessary for you to form a company so that your company would be buying the franchise while with the legal aspect, you would be separating your personal assets with business liabilities.
You can arrange your finances to invest in your franchise and start discussing with franchisors and franchisees by reaching them out directly through their website or at conventions.
It is also a good idea to discuss with the community around your franchise location. For example, if you are going to start a retail store, you will have to question the community whether they really need a retail store, or if there is already another option for them available with easy access etc.
There are so many things to consider, like creating a business plan,hiring the right professionals,paying attention to business compliance etc. Which means you might want to research more on starting a franchise.
Starting an online course
If you have been an expert in a certain area, for example a marketer with 10-15 years of industry experience, you know a lot about marketing & you would be a good fit for being a coach or someone to conduct online courses for other aspiring marketers.
Or it can be any area which you have an expertise in, but it would be a great opportunity for you to make that your business.
Should your business idea be unique?
Entrepreneurship vouches for unique business ideas.But is it a must?
Let’s get to the facts.
Imagine you have a unique business idea and you start a business based on that. In a few years, someone else starts the same business, unless you have the patent for your idea, no one can stop the newcomer from launching their business with the same.
So honestly speaking, unique business ideas are great and add value to the whole community. But not having a unique idea doesn’t disqualify you from being a business owner.
Let’s take an Online Clothing store as an example.
Imagine you have an online clothing store with a great website & home delivery options. Can’t your next door neighbour start the same business?
Of course they can. But what sets you apart from your competition, is your unique way of presenting to your customer. The quality of your clothing line,your services post & after sales,your return policy,overall way you treat your customers to name a few.
So actually, having a unique business idea is not enough, being unique yourself as a brand even without a unique business idea sets you apart from your competition.
How are you going to market your business?
So are you going to go with social media; Instagram reels,stories, tiktok, youtube shorts to go viral or going back to old-school Guerilla marketing?
Pro fact : If you go with Guerilla marketing and post in social media, you will be golden.
Either way you cannot escape social media all together in this digital age.So it is crucial to have your own social media pages in place. You don’t need to sign up for every social media platform on the planet. But you can start with the most popular and the platforms which have the most number of your ideal customers, so that what you deliver resonates with the right audience.
How can WebMob Australia Help?
Let’s start by stating who we are;
Webmob Australia is a digital service provider with expert Software developers, web developers, UI, UX designers, graphic designers, integration specialists, digital marketers, SEO specialists, technical engineers, project managers, all working together to provide an efficient, unforgettable and quality service to our clients.
As a web service provider under CN Global (Pvt) Ltd. for more than 20 years in Australia,we started webMob with the intent of helping start-ups & small business owners achieve their business goals with a minimum budget. In this digital age, the companies thrive online thrive offline as well. So it has become crucial to have a website as the forefront of your business & create an online presence for your customers.
If you want to discuss more on how we can help you, let’s have a chat.