what business is successful in sydney
#1
Forum Regular
Thread Starter
Joined: Jun 2009
Location: Sydney
Posts: 135
what business is successful in sydney
so from the perspective of doing business. what do you guys think .. what business oppurtunities sydney offers. in terms of commodities, services, import export. any website link related to that will be appreciated.
and how about just a small local sale / exhibition of cotton shirts/trousers will that be good for earnings?
regards
naufil
and how about just a small local sale / exhibition of cotton shirts/trousers will that be good for earnings?
regards
naufil
#2
Account Closed
Joined: Dec 2005
Posts: 2,424
Re: what business is successful in sydney
so from the perspective of doing business. what do you guys think .. what business oppurtunities sydney offers. in terms of commodities, services, import export. any website link related to that will be appreciated.
and how about just a small local sale / exhibition of cotton shirts/trousers will that be good for earnings?
regards
naufil
and how about just a small local sale / exhibition of cotton shirts/trousers will that be good for earnings?
regards
naufil
I can't get my head round it at the mo but then it is first thing in the morning
best of luck
#3
Re: what business is successful in sydney
Hmm. Dont forget that Sydney is a city of 5 million people. There are unlikely to be be many marvellous products or services that haven't already been thought of and tried already.
To be honest I can't think of any product that I can't buy here - or any type of service that can't be had. There are certainly countless shops that sell cotton shirts and trousers .
To be honest I can't think of any product that I can't buy here - or any type of service that can't be had. There are certainly countless shops that sell cotton shirts and trousers .
#4
Forum Regular
Joined: Nov 2008
Posts: 230
Re: what business is successful in sydney
so from the perspective of doing business. what do you guys think .. what business oppurtunities sydney offers. in terms of commodities, services, import export. any website link related to that will be appreciated.
and how about just a small local sale / exhibition of cotton shirts/trousers will that be good for earnings?
regards
naufil
and how about just a small local sale / exhibition of cotton shirts/trousers will that be good for earnings?
regards
naufil
There are a lot of people importing and selling clothing from Asia. The thing is you don't have a Tesco which is destroying most of the High Street by selling at a fraction of what you can afford to buy for as a retailer.
The thing Aus is really missing is a thriving eBusiness sector IMO. A Sydney or Melbourne based version of Occado could do very well.
#5
Forum Regular
Joined: Feb 2008
Posts: 123
Re: what business is successful in sydney
Sex, always brings the money in the world over.
Occado ! Nothing more than a snobs wet dream. They have poured tens of millions into that and not made a single penny since day one. I can't see them being about in a few years.
Occado ! Nothing more than a snobs wet dream. They have poured tens of millions into that and not made a single penny since day one. I can't see them being about in a few years.
#7
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Thread Starter
Joined: Jun 2009
Location: Sydney
Posts: 135
Re: what business is successful in sydney
Hmm. Dont forget that Sydney is a city of 5 million people. There are unlikely to be be many marvellous products or services that haven't already been thought of and tried already.
To be honest I can't think of any product that I can't buy here - or any type of service that can't be had. There are certainly countless shops that sell cotton shirts and trousers .
To be honest I can't think of any product that I can't buy here - or any type of service that can't be had. There are certainly countless shops that sell cotton shirts and trousers .
regards,
naufil
#8
Guest
Posts: n/a
Re: what business is successful in sydney
People in Sydney need the jackets more than us up North, its colder in Sydney in Winter.
#9
Banned
Joined: Apr 2009
Posts: 1,054
Re: what business is successful in sydney
There is also a glut of cheap synthetic clothing, again offered at high prices and, therefore, also not selling well. Again it is unsuited as the poor synthetic fabrics are not comfortable to wear.
Blends of natural and synthetic fibres are more suitable because they wash and iron easily and are more confortable to wear.
The real problem is that the large shops, who buy cheaply, do not know or care about quality in clothing and the small shops must put big markups the prices to make a profit after their proportionately higher expenses.
Sydney is in the Southern Hemisphere. The equator is to the North of Sydney.
#10
Forum Regular
Joined: Nov 2008
Posts: 230
Re: what business is successful in sydney
Set up nine years ago, the firm controls 25 per cent of the online grocery market and is growing at a rate of 35 per cent a year.
I suspect you're one of those inverted snobs that delights in telling other people what they should and shouldn't like without realising the irony of what they're doing.
My idiot sister-in-law is the same.
#11
Forum Regular
Joined: Feb 2008
Posts: 123
Re: what business is successful in sydney
Ok so I'm one of those strange people who runs a business, and still believes in making a PROFIT. I have had the pleasure of listening to the etonian whizz spill off his vision of brand value and magic numbers, non of which have created a profit in 9 years !!! and lets not forget this business is not even asset light, it's asset nil (you cant count 'goodwill' as a liquid asset.
As for market figure, most of these are arranged by pr companies. Go to a high street, grab 100 people and ask them if they have used john smith's shop. 25 say yes and there you have a 25 % market share. As for growth in sales / volume, but not profit or assets. Well I have increased by companies charity donation to the labour party by 100 % this year !!! I flushed a 1p coin down the toilet in their honour last year and a 2p coin this year.
Why should I care about any of this, or anyone else that doens'nt use the service ? Because like many others, I have a pension fund that invested in them either directly or via the venture funds involved. How is my pension doing, annual value is decreasing by about 20 % of what goes in every year.
As for the thread. Broad key to success in Oz. Well I hope some will agree, but in many sectors, especially manufacturing. Oz does seem about 20 years behind the UK, in terms of technology and efficiency used. Which creates a gap to make money. There also seems very little competition in some areas with often 1 or 2 main players in the whole vast country or the main guys own all the local outlets. In my industry their is one main player in Melbourne, who directly owns all the 'trade outlets' across the other states, they are ultimately owned by a British group down the road from me. With operations in UK, SA and Oz. The Oz lot have the second highest turnover, but make the biggest profiit by about 400 %.
As for online retailing, is it not the distances involved that put the public off. They have ebay in Oz, but it's not taken off like here in the Uk. At least that's what my uncle in Perth tells me, but then it could be that perth is just so far away from anything
As for market figure, most of these are arranged by pr companies. Go to a high street, grab 100 people and ask them if they have used john smith's shop. 25 say yes and there you have a 25 % market share. As for growth in sales / volume, but not profit or assets. Well I have increased by companies charity donation to the labour party by 100 % this year !!! I flushed a 1p coin down the toilet in their honour last year and a 2p coin this year.
Why should I care about any of this, or anyone else that doens'nt use the service ? Because like many others, I have a pension fund that invested in them either directly or via the venture funds involved. How is my pension doing, annual value is decreasing by about 20 % of what goes in every year.
As for the thread. Broad key to success in Oz. Well I hope some will agree, but in many sectors, especially manufacturing. Oz does seem about 20 years behind the UK, in terms of technology and efficiency used. Which creates a gap to make money. There also seems very little competition in some areas with often 1 or 2 main players in the whole vast country or the main guys own all the local outlets. In my industry their is one main player in Melbourne, who directly owns all the 'trade outlets' across the other states, they are ultimately owned by a British group down the road from me. With operations in UK, SA and Oz. The Oz lot have the second highest turnover, but make the biggest profiit by about 400 %.
As for online retailing, is it not the distances involved that put the public off. They have ebay in Oz, but it's not taken off like here in the Uk. At least that's what my uncle in Perth tells me, but then it could be that perth is just so far away from anything
#12
Re: what business is successful in sydney
Ok so I'm one of those strange people who runs a business, and still believes in making a PROFIT. I have had the pleasure of listening to the etonian whizz spill off his vision of brand value and magic numbers, non of which have created a profit in 9 years !!! and lets not forget this business is not even asset light, it's asset nil (you cant count 'goodwill' as a liquid asset.
As for market figure, most of these are arranged by pr companies. Go to a high street, grab 100 people and ask them if they have used john smith's shop. 25 say yes and there you have a 25 % market share. As for growth in sales / volume, but not profit or assets. Well I have increased by companies charity donation to the labour party by 100 % this year !!! I flushed a 1p coin down the toilet in their honour last year and a 2p coin this year.
Why should I care about any of this, or anyone else that doens'nt use the service ? Because like many others, I have a pension fund that invested in them either directly or via the venture funds involved. How is my pension doing, annual value is decreasing by about 20 % of what goes in every year.
As for the thread. Broad key to success in Oz. Well I hope some will agree, but in many sectors, especially manufacturing. Oz does seem about 20 years behind the UK, in terms of technology and efficiency used. Which creates a gap to make money. There also seems very little competition in some areas with often 1 or 2 main players in the whole vast country or the main guys own all the local outlets. In my industry their is one main player in Melbourne, who directly owns all the 'trade outlets' across the other states, they are ultimately owned by a British group down the road from me. With operations in UK, SA and Oz. The Oz lot have the second highest turnover, but make the biggest profiit by about 400 %.
As for online retailing, is it not the distances involved that put the public off. They have ebay in Oz, but it's not taken off like here in the Uk. At least that's what my uncle in Perth tells me, but then it could be that perth is just so far away from anything
As for market figure, most of these are arranged by pr companies. Go to a high street, grab 100 people and ask them if they have used john smith's shop. 25 say yes and there you have a 25 % market share. As for growth in sales / volume, but not profit or assets. Well I have increased by companies charity donation to the labour party by 100 % this year !!! I flushed a 1p coin down the toilet in their honour last year and a 2p coin this year.
Why should I care about any of this, or anyone else that doens'nt use the service ? Because like many others, I have a pension fund that invested in them either directly or via the venture funds involved. How is my pension doing, annual value is decreasing by about 20 % of what goes in every year.
As for the thread. Broad key to success in Oz. Well I hope some will agree, but in many sectors, especially manufacturing. Oz does seem about 20 years behind the UK, in terms of technology and efficiency used. Which creates a gap to make money. There also seems very little competition in some areas with often 1 or 2 main players in the whole vast country or the main guys own all the local outlets. In my industry their is one main player in Melbourne, who directly owns all the 'trade outlets' across the other states, they are ultimately owned by a British group down the road from me. With operations in UK, SA and Oz. The Oz lot have the second highest turnover, but make the biggest profiit by about 400 %.
As for online retailing, is it not the distances involved that put the public off. They have ebay in Oz, but it's not taken off like here in the Uk. At least that's what my uncle in Perth tells me, but then it could be that perth is just so far away from anything
#13
BE Enthusiast
Joined: Feb 2009
Location: In a paradise island
Posts: 624
Re: what business is successful in sydney
I think lot of Australians due to their busy life style, enjoy eating out, so Why not try a resturant, or a pastry shop, BTW good cakes are in great demand,
#14
Re: what business is successful in sydney
What's missing here is good quality pre-prepared meals you can pick up at the supermarket. I think that could do very well. There are a lot of busy people with big incomes who don't have time to cook and don't want to always eat out.
A French style patisserie would also do well. I think there are plenty of business opportunities here.
A French style patisserie would also do well. I think there are plenty of business opportunities here.
#15
Re: what business is successful in sydney
so from the perspective of doing business. what do you guys think .. what business oppurtunities sydney offers. in terms of commodities, services, import export. any website link related to that will be appreciated.
and how about just a small local sale / exhibition of cotton shirts/trousers will that be good for earnings?
regards
naufil
and how about just a small local sale / exhibition of cotton shirts/trousers will that be good for earnings?
regards
naufil