Online wig and hairpiece store

People with hair loss from medical treatment or alopecia, those wanting a change of look, and costume or performance customers.

Profit on each wig sold, plus extras like wig caps, care products, and paid video consultations or basic styling.

• Knowing wig types, fibres and sizing
• Online selling and photography
• Sensitive, patient customer service

• Australian Consumer Law, including refunds and accurate product descriptions
• Public liability and product insurance, check what your insurer covers
• Check whether you need council approval to run a business from home
• GST registration once turnover reaches the threshold
• Supplier quality and import costs, and tying up money in stock

Startup costs are typically around $2,000 to $10,000, depending on how much stock you buy, your website, supplier quality and import costs. Treat this as an estimate, as stock can tie up a lot of money.

Monthly revenue is typically around $500 to $4,000, depending on your product range, pricing and how many customers you reach. These are estimates only, and the work can start at around 8 hours a week.

Check Australian Consumer Law, including refunds and accurate product descriptions. Also check what your insurer covers for public liability and products, whether you need council approval to run a business from home, and GST registration.