Local wax supplier with a small trade counter

Candle makers, car detailers, panel and workshop businesses, woodworkers, craft studios and keen consumers.

You buy by the pallet for a better price and sell by the bag, tub or drum. Regular trade customers buy repeat stock, and you can add small items like wicks, applicators and packaging.

• Buying and managing stock
• Pricing for trade and retail
• Building relationships with local businesses
• Safe handling and storage of products

• Check zoning and council approval for your unit and for storing and selling the products
• Wax and polishes can be combustible; check fire safety, storage and insurance requirements
• Some car care products and fragrance oils may be classed as hazardous, so check safety data sheets and labelling
• Public liability and product liability insurance, plus workers compensation if you hire
• Lease commitments and the cost of holding stock before it sells
• Register for an ABN, and for GST once your turnover reaches the threshold

Startup costs are typically around $15,000 to $50,000, depending on your unit, how much stock you hold and your equipment. These are estimates only. Remember the cost of holding stock before it sells, plus lease commitments.

Monthly revenue is typically estimated at around $5,000 to $25,000, depending on your product range, local customers and how much you also sell online. Stock tied up before it sells can affect your cash flow.

Check zoning and council approval for your unit and for storing and selling the products. Wax and polishes can be combustible, so check fire safety, storage and insurance requirements. Also check safety data sheets and labelling for hazardous items, plus ABN and GST.