Online woodworking supplies store

Hobby woodworkers, small joinery workshops, makers and DIYers who want a better range than a big hardware chain offers.

Profit on the markup between wholesale and retail price, plus postage charged to customers. Bundles and starter kits help lift the value of each order.

• Knowing woodworking tools and finishes
• Basic online shop setup
• Packing and posting orders
• Customer service

• GST registration once your turnover reaches the threshold, check with the ATO
• Australian Consumer Law obligations on refunds, warranties and product descriptions
• Rules on selling and posting some finishes, solvents and other flammable goods, check with Australia Post and your couriers
• Council approval if you store stock at home, check your local council
• Tying up cash in stock that does not sell

Estimates put startup costs at typically around $3,000 to $15,000, depending on how much stock you buy, whether a supplier ships direct, and how you set up your website. Holding less stock keeps less cash tied up in items that may not sell.

Check GST registration with the ATO once your turnover reaches the threshold, and Australian Consumer Law obligations on refunds, warranties and product descriptions. Also check rules on posting finishes, solvents and flammable goods with Australia Post and couriers, and whether your council approves home storage of stock.

Estimates suggest monthly revenue of typically around $500 to $5,000, depending on your range, stock levels and how many woodworkers you reach. That figure is revenue, not profit. The idea typically needs at least around 8 hours a week.