Local baby goods shop

Expecting and new parents in your area, and relatives buying gifts or bigger items.

Retail markup on products. Bigger items like prams and cots bring higher sales, while smaller items and gifts add steady extra sales.

• Product knowledge and honest advice
• Stock buying and control
• Customer service and sales

• Mandatory safety standards and bans for baby products, check the ACCC product safety website before you stock anything
• Car seats and child restraints: check requirements for selling them and whether staff need training in fitting advice
• Lease terms, bond and fit-out costs, ideally have a solicitor look at the lease
• Public liability and product liability insurance, plus workers compensation once you hire
• GST registration and Australian Consumer Law on refunds and guarantees
• Large stock costs and competition from online stores

Startup costs are typically around $40,000 to $150,000, depending on your lease, fit-out and how much stock you buy. Large stock costs are a major factor. These are estimates only.

Monthly revenue is typically around $15,000 to $60,000, depending on your range, location and competition from online stores. Expect around 35 hours a week or more to run it. These are estimates only.

Check the ACCC product safety website for mandatory standards and bans before stocking anything. Check requirements for selling car seats and whether staff need fitting-advice training. Also check lease terms, insurance, GST registration and Australian Consumer Law on refunds.