Jewellery export business with stock and small unit

Overseas retailers, department store buyers, distributors and tourism or gift businesses abroad.

You earn the margin between wholesale buying prices and export selling prices, with larger and repeat orders improving your return per shipment.

• Wholesale selling and relationship building
• Buying and stock control
• Export paperwork and shipping coordination

• Stock is a real cost: unsold pieces tie up cash, so start small and track what sells
• Insurance for stock, theft, transit and public liability
• Check Australian Border Force requirements and each destination country's import, duty and hallmarking rules
• Check wildlife trade rules for materials such as coral, shell or some pearls
• Check whether AUSTRAC anti-money laundering obligations apply to your dealings in precious metals or stones
• Check GST treatment of exports with the ATO or an accountant
• Check council zoning and approval for your premises
• Late or missed payments from overseas buyers, so consider deposits or secure payment terms

Startup costs are typically estimated at around $15,000 to $60,000, depending on how much stock you buy, your premises and trade fair costs. Unsold pieces tie up cash, so start small and track what sells.

Monthly revenue is typically estimated at around $8,000 to $40,000, depending on your range, how many overseas buyers reorder and order sizes. This is revenue before stock, premises, shipping and other costs.

Check Australian Border Force requirements and each destination's import, duty and hallmarking rules. Also check wildlife trade rules for coral, shell or some pearls, AUSTRAC obligations, GST on exports, council zoning for your premises, stock insurance and payment terms with overseas buyers.