Online golf shop with club fitting service

Golfers who prefer to shop online, people looking for gifts, and members of local clubs who want advice from someone they can contact directly.

Retail margin on online sales, plus fees for fittings, regripping and repairs. Selling second-hand clubs can add another income stream.

• Knowledge of golf equipment
• Online selling and basic product photography
• Organising stock and orders

• Check with your local council whether you need approval to run a business or store stock at home
• Registering an ABN, and GST once your turnover reaches the threshold
• Online competition on price is tough, so be clear about your niche and advice
• Australian Consumer Law applies to refunds and returns, so check your policies
• Insurance for stock and public liability, especially if you do fittings at customers' courses

Estimates suggest startup typically costs around $3,000 to $20,000, depending on how much stock you carry and how you set up your website and fitting service. Home-based running keeps premises costs out of the picture.

Estimated monthly revenue is typically around $1,000 to $5,000, depending on your range, your niche and how many fittings you do. Online price competition is tough, so be clear about the advice you offer.

Check with your local council whether you need approval to run a business or store stock at home. Also register for an ABN, and GST once turnover reaches the threshold, check Australian Consumer Law for refunds and returns, and arrange insurance for stock and public liability.