Western wear shop

Riders, rodeo and campdraft competitors, farming families, country music fans and people dressing for events and festivals.

You buy stock at wholesale and sell at a markup. Extra income can come from hat shaping, boot care products and gift sales.

• Choosing and buying stock
• Fitting boots and hats well
• Customer service
• Basic bookkeeping and stock control

• Stock is a big upfront cost and sizes that don't sell tie up cash
• Public liability and contents insurance, check what your landlord requires
• Lease terms and fit-out costs, get advice before signing
• An ABN is needed, and GST registration once turnover reaches the threshold
• Sales can be seasonal and depend on local events, so plan for quiet months

Startup costs are typically around $25,000 to $100,000, depending on your premises, fit-out and how much stock you buy. Stock is a big upfront cost, and sizes that don't sell can tie up your cash.

Monthly revenue is typically around $8,000 to $40,000, depending on your location, range and local events. Sales can be seasonal, so plan for quiet months and keep a cash buffer.

Check that you have an ABN, and GST registration once turnover reaches the threshold. Also check public liability and contents insurance, including what your landlord requires, and get advice on lease terms and fit-out costs before signing.