Online measuring tools shop

Tradespeople, small workshops, engineering students, makers and hobbyists who want good tools without visiting a trade counter.

Mark-up on each item sold, often 25 to 50 per cent depending on the product, plus extra from accessories, carry cases and calibration add-ons.

• Knowing how measuring tools are used
• Basic online selling and product listings
• Customer service and tech advice
• Stock and order tracking

• Check whether you need to register for GST once turnover reaches the threshold
• Australian Consumer Law covers refunds, warranties and accurate product claims, so check your obligations
• Cheap imports may be poor quality or not match their stated accuracy, so test before you sell
• Check public liability and product liability insurance before you start selling
• Check with your local council if you store stock at home

Startup costs are typically estimated at around $1,500 to $8,000, depending on how much stock you buy upfront, your website and whether suppliers send orders direct. Testing products before you sell is worth budgeting for.

Monthly revenue is typically estimated at around $500 to $5,000, depending on your range, pricing, marketing and customer base. Estimates suggest at least about 8 hours a week, so it can start small alongside other work.

Check whether you need to register for GST once turnover reaches the threshold, and your obligations under Australian Consumer Law for refunds, warranties and accurate product claims. Also check public and product liability insurance, and council rules on home stock storage.