Modern Australian Magazine
Friday, May 30, 2025 10:11:29 AM
Men's Weekly

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How to Choose the Right First Aid Kit for Your Workplace

Ever walked past your workplace first aid kit and wondered if that dusty box actually contains what you'd need in a real emergency? We know that fee...

The Role of Mining Equipment Suppliers in the Industry

Mining is one of the most essential industries, driving the global economy by providing raw materials for manufacturing, energy production, and infr...

From White Belt To Warrior: How To Train Your Body For BJJ Endurance

Brazilian Jiu-Jitsu (BJJ) is as much a mental chess match as it is a physical grind. Whether you’re new to the mats or prepping for high-level com...

Driving After Brain Injury: Common Challenges and How To Overcome Them.

Suffering a traumatic brain injury (TBI) can drastically influence a person's ability to drive safely. For many, driving represents independence, bu...

The Psychology of Stepping Up: Why We Avoid Helping—and How to Fix That

Most of us like to think of ourselves as kind, helpful people. We imagine that if someone needed assistance—especially in an emergency—we’d st...

Cross-Continental Collaboration: Nutifood and Viplus Dairy to Create Australian- Standard Premium Dairy Brand

Vietnam’s Nutifood has officially entered a strategic partnership with ViPlus Dairy, a heritage-rich dairy manufacturer with over 130 years of ex...

Commercial Plastering Can Boost Your Business Appeal

In business, appearances matter. The way your space looks sets the tone for how clients, customers, and even your staff perceive your brand. A well-...

How to Transfer Registration When You Buy a Used Car in Brisbane

Purchasing a second-hand car can be a thrilling experience, but there's more to it than simply handing over the cash and driving off. One very impor...

Expert Tips for Comparing Budget Movers and Energy Providers For a Modern Apartment

Starting a new life in a modern apartment can be a challenging yet exciting step. While moving into a modern apartment, people always need reliable ...

Slowing Down in Nature: My Experience on Orchid Classic Cruise in Lan Ha Bay

Why Orchid Classic is a Top Choice for Lan Ha Bay Lan Ha Bay, a hidden gem adjacent to the more famous Ha Long Bay, offers travelers a quieter and ...

Your Next Travel Essential? Why Aussies Love Lightweight Electric Wheelchairs

Planning for a trip or just getting around town? A lightweight electric wheelchair could be your perfect travel mate. Whether it’s a stroll throug...

Australian Study Woes – What is a Confirmation of Enrolment?

Recent changes to Australian study visas are altering the landscape for international students who want to learn and work on our shores.  To secur...

5 Lucrative Ideas for an Australian Startup in 2018

  • Written by Diana Smith


Coming up with a plan for a startup is not nearly as simple as it may seem at first. It requires that you conceive an original idea, have the necessary skillset to see it through, as well as have the knowledge to make a proper business plan. However, before you get started, you need to make sure that the market is lucrative enough for your business to thrive in it. This doesn’t only depend on the nature of the industry and the timing but the business hub that your startup aims at becoming a part of. With this in mind and without further ado, here are five lucrative ideas for an Australian startup in 2018.

Food industry

The first niche that’s always relevant is the food industry. Nevertheless, you first need to find the sub-category for which you have the skills, resources and interest in. For instance, being an athlete chef is vastly different from starting your own catering business. It requires a specific set of skills, you will need to acquire different certificates and the registration process will differ. Moreover, the first business type can be achieved through a one-person startup model, while the second one will probably require that you to hire more people and, in this way, commit to a more complex business structure, to begin with.

Online retail

Another trend that’s currently popular in Australia is the business of online retail. For this, you need to possess some basic IT skills, find a reliable payment gateway and create a logistical background capable of providing you with a competitive edge. The e-commerce is not for everyone and in order to thrive in it, you need to understand the needs of your buyers. Keeping your prices competitive is always paramount, yet, it is not so easy to accomplish when working with an unfavorable overhead. For instance, having a charge-free same- or next-day delivery can be a determining factor when it comes to closing a sale, yet, it might be a feature that your online retail startup simply can’t afford.

Construction business

Like with the above-discussed food industry, construction business is simply not going anywhere. The greatest problem that this line of work is currently facing, however, is the lack of skilled and interested workforce amongst the millennial population. On the other hand, the increased interest in this industry by various entrepreneurs has created a network of co-dependent services all across Australia. This means that you can specialize in a certain area of the construction industry and outsource certain tasks to others.

The next massive benefit that makes construction business worth considering is the versatility of equipment for hire. Nowadays, you can find a reliable crane hire in Brisbane and, therefore, accept contracts that you would otherwise have to pass on.

Interior design

More and more people recognize the importance of a quality interior design, which makes it a very lucrative market for contemporary Australian entrepreneurs. For instance, homeowners who are willing to make their home greener often assume that pursuing this trend comes at a steep price. An eco-friendly interior designer can make your dreams come true without breaking the bank and achieve this much-desired effect quicker and at a lower cost. Nonetheless, an interior design industry requires a wide array of skills that aren’t that easy to acquire. Unlike with some professions, formal education can only get you so far, which is why work experience comes as paramount.

Shared office space renting

At the end of the day, more and more Australians are telecommuting, and the rising number of companies exist only in digital space. Still, a traditional office does have some advantages that can’t be overlooked. Working from home is a trend, but it is well-known that it comes with so many distractions and obstacles, which can make it impossible for most people to focus and most startups to cooperate efficiently. By purchasing, constructing or leasing an office space, rearranging it and then renting it out as a shared office space, you can create a steady and reliable source of income for a relatively low investment.

These five ideas alone offer you a broad spectrum of options to consider. Sure, offering your IT services, babysitting, developing an app or pet sitting are also valid startup plans, yet, they are much smaller in scale when compared to the five ideas listed above. In other words, which of these suggestions suit you the most doesn’t only depend on your skills and interests but on your ambition, as well. So make sure you choose wisely!



 

Holidays & Travel

Slowing Down in Nature: My Experience on Orchid Classic Cruise in Lan Ha Bay

Why Orchid Classic is a Top Choice for Lan Ha Bay Lan Ha Bay, a hidden gem adjacent to the more famous Ha Long Bay, offers travelers a quieter and more...

How to Reduce Turbo Lag with an Upgraded Mazda BT-50 Exhaust System

Are you struggling with turbo lag affecting your driving experience?  Did you know upgrading your Mazda BT-50 exhaust system could be the key to unlocking smoother acceleration and enhanced vehicle performance? Exhaust...

Surprise Party Ideas That Will Leave Your Guests Speechless

Throwing a surprise party is one of the most exciting ways to celebrate a special occasion. The thrill of keeping it a secret combined with the joy of watching the...

The Most Scenic Sailing Destinations in Australia and New Zealand

Australia and New Zealand are home to some of the world’s most breathtaking sailing destinations. With vast coastlines, pristine waters, and diverse landscapes, these countries offer incredible opportunities for sailors...

A Guide to Finding Caravans for Sale for Your Australian Road Trip

From the rugged Outback to stunning coastal drives, there's no better way to explore Australia than in a home on wheels. If you're considering joining the caravan community, you're likely...

Must-Have Outdoor Gear for Your Next Trip

 Introduction Getting ready for your next outdoor adventure but not sure what gear makes the cut? Selecting quality equipment optimized for the conditions helps ensure fun and safety during backcountry trips...

5 Innovative Caravan Accessories to Enhance Your Travel Experience

Caravanning offers a unique and liberating way to explore the world around us. Whether you're a seasoned traveler or embarking on your first adventure, having the right accessories can significantly...

Conventional Tent or Roof Top Tent? Which Is Better for Camping in Australia?

For camping in Australia, it depends on factors like terrain and climate. A roof top tent is sturdy in rugged areas and elevates you above ground risks. In flat places like parks...

Choosing the Best Boat Seats: A Comprehensive Guide for Water Enthusiasts

Boat seats are not just about providing comfort during your time on the water; they can significantly impact your overall boating experience. Whether you're cruising leisurely, fishing, or engaging in...

Fashion & Beauty

The Best Nail Art for Short Nails

Short nails often get overlooked in the world of nail art, but they’re actually the perfect canvas for stylish, sophisticated designs. Whether you prefer bold patterns, minimalist details or soft...

Davines Sustainable Haircare: Revolutionizing Eco-Friendly Beauty Solutions

Davines is a well-known brand in the world of haircare, known for its high-quality products that deliver exceptional results. Its commitment to sustainability and unique haircare philosophy sets Davines apart...

High Visibility Work Shirts: A Must-Have for Workplace Safety

Workplace safety is a necessity. Workers from construction sites to manufacturing units should be visible for their well-being and they have it by wearing high visibility work shirts. Yes, when...

Polo Shirts: Wardrobe Essential for All

Polo shirts have started the journey as sportswear. But now, these are regarded as the best workwear. Also, people love to wear them for personal gatherings and more. These are...

Biz Collection Workwear: Premium Uniforms for Australian Professionals

In this modern era, the presentation of the team matters the most in the growth of companies. The professional appearance attracts clients’ attention and doing the deal becomes easy. The...

Functional and Fashionable: The Rise of Ladies Workwear in Australia

A perfect change in the Australian workforce has been happening in recent days. Women are contributing a lot in the male-dominated workplaces. They are doing excellent there. So, the Australian...