If you’re an aspiring entrepreneur, the Australian market is ripe for any new business you might want to start. Well, not every business. You need to choose a viable business model which is currently booming to see the best possible results. Entrepreneurs are scrambling for the next best idea for 2020 so that they can get their hands on a quality business. Here are some of the better ones projected to succeed this year.
Airport shuttle transport
If you’ve ever had trouble hailing a cab from the airport, you’ve probably reconsidered ever using cabs at all. It’s a tough spot when you land and depart from your plane. There’s lots of luggage to be carried and no other way to get to your chosen hotel or staying place. This is a situation lots of Australians have found themselves in, which is why airport shuttle services are on the rise.
Running an airport shuttle service is profitable, but it also requires quite a bit of planning and organization. It’s considered a very management-intensive endeavour. You have to contact local hotels and travel agencies to make sure you always have a steady number of travellers coming through. Plus, the service is a lot more efficient if you take in groups of people instead of individuals.
Wholesale clothing stores never go out of style. In the past few years, the fashion and clothing retail industries have seen massive expansion, in part due to the booming of e-commerce stores. Any entrepreneur with a good concept can easily start selling wholesale clothing online, and it requires very little capital.
If you plan on starting your clothing business, you need to figure out what types of clothes you want to make. Today’s market favours niche items and designs which cater to smaller demographics. A smaller or medium-sized business would be better off avoiding generic clothing, as this market is already dominated by massive chains like H&M and Zara.
Consider a look or aesthetic that you want to produce, and stick to it. Brand strength is found in solidifying your target demographic and keeping your products consistent. Production is not a particularly tough aspect of the business, as there are countless facilities you can cooperate with. Keep your eye on the brand, and you shouldn’t have too many issues in the Australian market.
Residential and office cleaning
There will always be demand for thorough cleaning, whether you’re talking about homes or office buildings. People like working and living in clean conditions, and they’re willing to pay someone else to do the job for them. This is where a cleaning service can come in and sweep them off their feet, figuratively speaking.
There’s an enormous demand for cleaning services throughout Australia, and this isn’t poised to change any time soon. It’s not a particularly difficult business to start, either. You can easily run your business from home. Employ a few quality cleaners here and there and simply manage them and give them clients to work with. It’s difficult to start out but well worth the trouble.
In today’s dynamic and hectic work environment, people rarely have enough time to cook up a proper meal for themselves. When you’re hyper-focused on your career, there’s very little chance that you’ll make yourself three square homemade meals every single day. Still, you have to eat something, and ramen and coffee alone won’t cut it. Having a proper diet is one of the keys to success and health, which is why people won’t skimp out on good food, even if they don’t have the time to cook it.
What if you love cooking and have enough time on your hands? You start a business and utilize your cooking skills to make some bank. Homemade cooking skills are very sought after in Australia, and people don’t want to keep ordering fast food. Why not cook from home and sell that food to eager buyers? There are tons of delivery services that you can employ for transport, meaning that the cooking is all you have to do. It’s a business with tons of potential profit, with many different ways to make your operation unique. You can cater to different diets to find your niche. Cook vegan, vegetarian, gluten-free, low-carb, and market your business to people that follow these diets.
Starting your own business in Australia is tough, but it’s something anyone can do with a little effort and dedication. There are countless businesses and niches that are just waiting to be utilized by a creative entrepreneur. If you’re strapped for ideas, the above examples are currently proving themselves to be extremely profitable, so consider them. As long as you start out with a good idea, you should be able to take your own slice of the cake that is the Australian market.