Recent years have seen the Australian economy booming due primarily to the considerable local and foreign investments poured into the mining and manufacturing industries. In addition, other sectors are growing as well such as shipbuilding, aviation, information technology, and banking and finance. The country’s rosy economic prospects have attracted immigrants and expatriates from other countries seeking better job opportunities. However, not everyone who comes to Australia is aiming to be employed; rather, they intend to be self-employed or put up their own businesses.
If you have the financial resources at your disposal and the determination, then Australia might just be right place for you. For one, investors and business owners are granted visas more easily than those looking for jobs. In addition, if your business is still doing well after four years, the government can grant you permanent residency.
Business owners have two options, buying an existing business or starting a new one. If you are thinking about buying one, it would be advisable to do this with the help of an agent because you might not be familiar with existing business laws and policies, which are essential in complying with the necessary paperwork, taxes, insurance and licenses that come with running a business. However, before taking over a business, bear in mind that the previous owner might be selling it because it was not very profitable. Hence, be ready for the task of turning it around and making it profitable for you.
If you choose to start a new business, be ready with a good business plan. This will help you in securing funding for your business, in case you need one. The Australian government provides grants that both locals and expats can avail of.
Because there is a shortage of skilled workers in Australia, it can provide good self-employment opportunities for you are an electrician, locksmith, plumber or a builder. If you don’t currently have these skills but plan on being self-employed in the future, the country has apprenticeship programs that you can join. For instance, if you want to be locksmith, the government requires an on-the-job training under a certified locksmith. Your choice of an employer depends on what type of services and skills you want to specialize on. If you are not very familiar with what the job entails, check out http://toplocklocksmiths.co.uk/london. These locksmiths in London are renowned in the UK for their professional service and trustworthiness. Australia’s apprenticeship programs apply not just in the locksmith trade but also in the other areas of skilled labor.
Australia’s tourist areas offer great business options if you are into operating hotels and hostels. Of course, this will require a larger investment on your part. Alternatively, you can open a dive shop or other water sports-related enterprise if you have the knowledge in these areas.
If you are considering moving to Australia to find a more successful career, don’t limit your options by being an employed worker for a company. Think about opening your own business. With a very robust economy, the country offers many lucrative opportunities for those who know where to look. If you have the drive, determination and a keen eye for business, you might just be Australia’s next business success story.