Local vitamin and supplement shop

Local shoppers looking for everyday wellness products, gym-goers, older customers and parents.

You buy stock wholesale and sell at a retail mark-up. Repeat customers, loyalty offers and your own range of stocked brands help build steady sales.

• Customer service and listening
• Stock ordering and cash management
• Learning about the products you sell

• Therapeutic goods rules: check with the TGA that products are listed or registered in Australia and that your advertising and in-store claims follow its requirements
• Avoid making health claims you can't support, and don't give medical advice
• Public liability and product liability insurance, plus workers compensation insurance once you hire
• Lease costs and long commitments, check terms with an adviser before signing
• Check with your local council about any approvals needed for the premises and signage

Startup costs are typically around $40,000 to $120,000, depending on location, fit-out, lease terms and how much opening stock you buy. Monthly revenue is estimated at around $15,000 to $50,000, depending on foot traffic and your product range.

Check with the TGA that your products are listed or registered in Australia and that your advertising and in-store claims follow its requirements. Avoid unsupported health claims, don't give medical advice, and check insurance, lease terms and council approvals for premises and signage.

Estimates suggest at least around 35 hours a week, depending on opening hours and whether you hire staff. You'll spend that time serving customers, ordering stock, handling cash and learning about the products you sell.