Friday, November 13, 2009

I recently migrated here in Australia. I want to establish a business here? -

I have planned to start Grocery Shop here. Please advise me the procedure from the very beginning. And furhter where can I get details of suppliers of goods??. As I am planning to invest AUD 20 K. Is this good amount for investment??

All your necessary info are all in one place at http://www.business.gov.auBrowse to http://www.realcommercial.com.au and click on Business for sale, there are many grocery stores for sale there. Starting new usually cost 20% to 80% more than buying existing. Depend.Buying business also leaves you from headache of finding suppliers and has less paperwork (it just less, not zero), you may also get some loyal customers already compared to start from scratch.But be aware, there are alot of land mines either way you choose, consult with an accountant before doing anything and always accompany by solicitor when signing anything. I would also say $20K is abit sort for grocery store in capital cities, a newsagent stand or cigarettes outlet is more like it. But again, it varies much from one location to another.Good luck.

yes, you can do it. simply type in google what country you want to know about the law to do business. To make sure the source is reliable, go find retired lawyer to know about the business law.you might only need to bring him a lunch and you can get the whole things you want to know.

I think you fall a bit short on your outlay of 20k,best just walk into a small crocery store and ask the owner how to get set up.You will have to find an accountant to advise you on your tax obligations.

you will need a LOT more than 20 K, the lease alone on most shops is $3000 a month, and most grocery stores carry 80K worth of stock, minimum.

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