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Switching from Full Time Employee to Starting Retail Biz

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Hi all, i am new here.... I am thinking of switching from my full time job to start a retail ...


 
 
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Old 28-02-2009, 05:13 AM   #1
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Default Switching from Full Time Employee to Starting Retail Biz

Hi all, i am new here.... I am thinking of switching from my full time job to start a retail biz but i've got no experience in online biz or shopfront biz at all. I just feel too stressful of my job & want to be in control of my own biz.

(1) can i know what are the average Net earnings that the majority of the forumers here averaged? anyone hit $4-5K (whether online or with shopfront)?

(2) where am i be able to source for cheapest suppliers/wholesalers besides this website?

(3) what are the procedure of starting the biz :-
- need to register with ACRA?
- apply what license?
- implications on GST etc.?
- any others that i missed out & the timelines for these?

Thanks for your valuable advice...


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