Local metalware and fittings trade shop

Local builders, fabricators, mechanics, farmers, maintenance crews and households with a repair job on.

You sell stock at a markup over wholesale cost. Cutting services, trade accounts with regular orders and quick availability help you win repeat business.

• Product knowledge
• Stock buying and control
• Sales and customer service
• Basic bookkeeping

• Check council zoning and approvals for the premises and any trading hours limits
• Get an ABN and check GST registration, then budget for stock, rent and a bond or deposit
• Public liability, product liability and contents insurance, and workers compensation once you hire
• Heavy stock needs safe handling, and forklifts or cutting equipment may need licences or training under your state's workplace safety rules
• Offering credit to trade customers carries a risk of late payment
• Check whether any items you sell must meet Australian Standards

Startup costs are typically around $30,000 to $150,000, depending on the premises, how much stock you buy and the rent and bond or deposit required. Stock is a major part of the budget.

Monthly revenue is typically estimated around $12,000 to $60,000, depending on location, stock range and how many trade customers you win. Offering credit to trade customers carries a risk of late payment, so plan for it.

Check council zoning, approvals and trading hours limits, and get an ABN and check GST registration. Also check licences or training for forklifts or cutting equipment under your state's workplace safety rules, and Australian Standards for items you sell.