Wicker and woven homewares shop

Households, interior stylists, holiday rental owners, cafes and gift shoppers.

You sell stock at retail prices above your wholesale cost. Furniture brings higher sales per customer, while baskets and decor bring steady smaller sales.

• Retail selling and customer service
• Buying and stock control
• Visual merchandising
• Basic bookkeeping

• Commercial lease terms, so get legal advice before signing
• Public liability and contents insurance, plus workers compensation if you hire staff
• Check your council about signage and shop fit-out approvals
• Rent and stock tie up cash, so quiet months can be hard
• You need an ABN, and GST registration once turnover reaches the threshold

Estimates suggest startup costs typically sit around $60,000 to $180,000, depending on the premises, the fit-out and how much stock you buy. Rent and stock tie up cash, so quiet months can be hard.

Monthly revenue is typically estimated at around $6,000 to $25,000, depending on location, your range and how well your online shop performs. That is revenue, not profit, so rent and stock costs come out of it.

Check commercial lease terms and get legal advice before signing. Also check public liability and contents insurance, workers compensation if you hire staff, council rules on signage and fit-out approvals, and ABN and GST registration.