15 Bright Ideas For Starting A Small Business In Australia

More Australians than ever are deciding to work for themselves—throwing their energy into their own small business in a bid for greater flexibility and control over their time.

In fact, some 97.3% of the some 2.5 million registered Australian businesses were classified as ‘small businesses’ (employing fewer than 20 people) in August 2023, according to the Australian Small Business and Family Enterprise Ombudsman.

Interestingly, some 60% of Australian businesses are non-employing businesses—that is they are staffed by sole traders—while 28% employ up to four people and 9% employ between five and 19 staffers.

Despite the moniker of ‘small’, these businesses power the Australian economy, contributing billions of dollars to the economy each year.

So, if you’re thinking of going it alone, then you’re in good company. But what are the best small business ideas that require minimal set-up costs and professional training? We’ve compiled 15 of the most popular ideas in Australia.

Read More: https://www.forbes.com/advisor/au/business/small-business-ideas/