Online electric motor and parts shop

Small workshops, farmers, maintenance teams, hobbyists and people repairing or building machinery.

You earn the margin between your wholesale price and your sale price, plus extra on accessories and spare parts bought with a motor.

• Basic knowledge of motor types, sizes and ratings
• Online selling and product listings
• Customer service and technical enquiries

• Check that the motors you sell meet Australian electrical safety and energy efficiency requirements, and are properly marked, with your state regulator and the supplier
• Public liability and product liability insurance
• Freight costs on heavy items can eat into margin, so check carrier rates before pricing
• Customers may ask for technical advice; only advise on what you know and suggest a licensed electrician for installation
• Register for GST once turnover reaches the threshold

Startup costs are typically estimated at around $3,000 to $15,000, depending on your website setup and how much stock you hold. Listing products that suppliers send direct can keep the starting amount lower.

Monthly revenue is typically estimated at around $1,500 to $7,500, depending on your product range, pricing and marketing. This is revenue, not profit, and freight costs on heavy items can reduce your margin.

Check that the motors meet Australian electrical safety and energy efficiency requirements and are properly marked, with your state regulator and supplier. Also check public liability and product liability insurance, freight rates on heavy items, and GST registration once turnover reaches the threshold.