doTERRA is the best business to start in Australia if you are looking to avoid a large business loan and looking for a affordable home based business
If you have ever contemplated starting a business in Australia you have realised that there is costs and depending on the type of business you want to start they could vary from 400$ to many thousands of dollars excluding and loans you may need to take.
However, if you have the idea to purchase an existing business or maybe even a franchise the costs can vary greatly depending on the size and equity of the business meaning the bigger the business the more expensive it will be. For example a McDonald’s franchise can vary from $1,003,000 to $2,228,000, with a liquid cash requirement of $500,000. There is also an initial franchise fee of $45,000, so not cheap or even affordable for Joe public to start.
The main problem for anyone wanting to start a small business in Australia is the upfront costs which can average at about 25000$. This can be a heavy burden for most people who will have to take a loan and will be in the red from the very start. However, is there an option that does not entail loaning a large amount of money?
Affordable home based business is the best business to start in Australia
The home based industry is big in Australia allowing people like you and me to work from home without taking large loans or remortgaging your home. However, even as a home worker there is still some mandatory things that need to be done before you can get start.
Before starting business in Australia as a sole trader
To become a sole trader in Australia it is mandatory to register and obtain an ABN (Australian Business Number) but this is free, However, nothing is totally free in Australia and so starting cost of naming your business is 35$ a year or 82$ for 3 years.
Why start a home based rather than a tradition business?
The key to success in any business is keeping your costs down. So when starting a business keeping your investment as low as possible makes sense and will allow you to start in the black. If you need to find on average 25000$ to start a traditional business such as a retailers or a small workshops, you really need to be committed as you should be in any business, but on top of that there will be the hidden costs. These are the costs you will need to pay every week or month towards rent, staff, office or shop hardware and so on. These cost will never stop.
Why I started to work from home?
Some years ago after working for many years running a small business I realised I was working myself to death. My wife had been doing a home based business when our daughter was young to bring some extra money in the house with some success. So after a few days and picking her brain on how it worked, I took the plunge and started searching for a online business that would tick all the books for me.
Starting business in Australia with doTERRA
It took me a few weeks of researching the different home based businesses available online, what type of business plans they had and were their products something people would want to buy.
Finally, I decided to look more closely at a company called doTERRA which was a therapeutic grade essential oils business from the United States. The reviews I have read were very positive and the products being of a high quality and at the high end part of the market.
doTERRA Australia ticked all the boxes for me such as:
- Low cost start up – 50$
- No monthly fee
- Free personalised webshop
- Free back office to administer your business
- Small enough products for postage or transportation
- Can be run from anywhere in the world on a laptop
- And if someone want to purchase one of the doTERRA kits, the start up fee is waived
I realised very quickly that an investment of 85$ (enrollment fee and the business name registration) to start a business was far cheaper to start and be in profit than investing maybe more the 25000$.
The only aspect of starting a home business is that you have no boss so you need to create your own timetable which can be difficult for many. This means if you want to own a successful small businesses in Australia, work in required. And that does not mean, clicking on Facebook to avoid what needs to be done, it involves asking serious questions on a daily basis so you can keep on track and schedule your time and make the income you wanted to make when you started this business, such as:
- Who will I share the oils with today?
- Who has attended a classes or shows that I will follow-up with?
- Who has enrolled that I will help better understand the Loyalty Rewards Program?
- Who is using the product that I will talk to about the business?
- Who is building the business that I will support?
- What will I read, watch or listen to that will help me grow as a leader?
Once I had scheduled my business in this way on a daily basis success just arrived and the money also and since running a traditional business in the past I have found this one of the easiest and most profitable business to start and then succeed.
Starting business in Australia with doTERRA
Well, it is quite simple, but to make it even easier I have put the instruction below:
- Click here
- Pick your language and select your country (Australia)
- Select “Wellness Advocate“ then press “Continue“
- Fill in your details click submit
- The Enroller ID and Sponsor ID is: 930175
- Choose your Enrollment kit
- Click Continue
- Then pay for your order
Within a few minutes you will receive an email giving you access to your back office and the ability to sell doTERRA products and earn commissions.
If you want more information about doTERRA products or starting business in Australia with doTERRA add your name and email address on the form below and I will get back to you asap…..