Small Business - Page 2

BruceChung · #11 (**permalink**) 10-22-2013, 02:47 AM

First, it is just my own expectation, and it doesn't mean anything. Recession will occur dependts on many factors. Australia has some of them, so it is very hard to say. Otherwise, I sold all of my US dollars one week before financial crisis in 2008.

tulauras · #12 (**permalink**) 10-22-2013, 02:54 AM

Sure thing Bruce, you're entitled to predict that - I guess who knows what will happen. I just wouldn't want to scare people off like its a certainty or being predicted by a lot of commentators. Because it's not.

alllena679 · #13 (**permalink**) 11-25-2013, 04:25 AM

Well Angloz its totally depends upon business and its not easy to start any business on any new country.
You can easily get help from Australian people who are very successful in business.Surely they can guide you much better.

Abigail Becky · #14 (**permalink**) 11-27-2013, 08:01 AM

Quote:

Originally Posted by BruceChung

Hi, thank you for your advise. I am now doing retail in Australia, and also an entrepreneur. The fact is the retail market has been very slow in Australia bcoz of many reasons, one of those is the trend of consumer's behavior has been changed. It can be expected Australia is going to have huge recession in years. The answer for tax is the profit margin was offset by high payslip and incredible rent. Once the market is slow, importers tried to cost down and relatively raised wholesale price to cover cost, but causes unsatisfied quality maybe, and retailers have to discount their products to increase cash flow, however consumers can purchase online from oversea website to get better products and lower price in three days. Therefore, taxes now become the killer of doing business in Australia if the government is still nothing to do.

Thanks for your experience. It is very useful for me.

vishalverma · #15 (**permalink**) 11-27-2013, 10:48 AM

Quote:

Originally Posted by Angloz

How do find out information from the Australian businessman?

Hi Angloz,

Many business brokers are available in Australia for buying and selling businesses, just go to the web site of business2sell in Australia, where you can find out many business brokers and you can contact them for collecting information that you want and you can also find various existing business deals.