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Thread: who owns and runs a business

  1. #31
    Join Date
    May 2007
    Location
    Safety Bay
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    Quote Originally Posted by pfillery View Post
    If you have a niche market you are onto a winner. I used to live in a small mining town where all the men are away working in the mines earning ridiculous amounts of money, all the qualified tradespeople are subcontracting for the mines and if you need a plumber or sparkie for an emergency job you are looking at days rather than hours. Then they charge $140 an hour. Builders are the same up there. So what can you do when you have a knack for fixing things, a town where you can't get a tradie easilly and there are lots of miner's wives sitting at home with money to spend? Start a handyman business. Niche market and plenty of work around. $40 an hour to weed someone's garden is good work if you can get it. Or $30 to put someone's old washing machine into the back of your wagon and drive it 5 minutes up the road to the dump (which was free) because someone is too lazy to do it themselves.

    We moved away after only a few months of running it, there were no real start up costs, I printed my own business cards and spent $30 on advertising and I couldn't keep up with the workload. 18 months later I'm still getting phone calls from people who don't know I've left town.

    Niche market, no more needs to be said!
    Thats the situation I'm in. Pat

  2. #32
    Join Date
    Jan 1970
    Posts
    1,151
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    Don't foget that customers can be borderline psychotic. The more they spend with you the crazier they get.

    Just had a commercial come in today, and I am in the process of invoicing for 20K to be paid in advance so they can wright it off for this Fin year!!!!!

    After twenty minutes on the phone!

    There's a catch in there somewhere but my accountant and I can't seem to find it!

  3. #33
    Join Date
    Feb 2009
    Location
    Brisbane
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    2,535
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    I find WH&S crippling, there is NO limit to what WH&S expect you to spend on stopping some lunk head injuring themselves.

    Good staff are difficult to come by, and most take more than they give no matter how you treat them.

    Yes there are tax advantages but that compensates the two previous points.

    Expect to take off and crash, take off and crash, take of and flap like hell.

    if you are looking at an internet business, go gay male porn, yes it's ugly, distasteful, and will make you cringe. But they are cashed up and toeier than a roman sandal.

    Just can;t talk my wife into it...business that is
    Jason

    2010 130 TDCi

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