BUSINESS OPPORTUNITIES

Back to News
Small Business

BUSINESS OPPORTUNITIESBusiness opportunities - man standing outside a small business

With the resources boom slowly coming to an end in the last 12 months, and jobs being retrenched and hiring almost completely ceasing, the two speed economy which gripped Perth for so long may come under control with a shift away from resources. As a result an area which is set to really recover and prosper in the long term is the Small-Medium Business market!

bank iconThe banks have also relaxed their lending criteria for businesses which has given the market a significant boost and is creating many business opportunities. Traditionally most banks have been wary in assisting investment in this sector, however with certain economic factors, such as interest rates hitting record lows, this has allowed their investment in the sector to increase.

A large proportion of baby boomers with owner/operator businesses are currently seeking to act on exit strategies to sell out and retire, some have been waiting for quite some time as a result of external factors making other options more attractive for the younger market. Due to the market stagnating, there are numerous attractive business options in sectors such as Service, Hospitality and Retail. There are numerous opportunities for a fresh outlook to take some businesses to new and extraordinary heights.

raiseFor those looking to invest there are many options for businesses under management which have the capacity to provide a handsome income to their owners if the right personnel are involved with the day to day running.

So if you are looking for a sea change from a salary/wage and are keen to be your own boss and don’t mind a challenge or two, running your own business may be what you are looking for.

 

rossario small

Ross Stagno

Snr Accountant – OPTIMA PARTNERS

Optima Partners offers support to all businesses. Whatever your requirements

For more information on how Optima Partners’ services can help your business, contact the team at info@optimapartners.com.au for a consultation.

Latest News

Debt enforcement, payday super headline ATO’s 2025-26 plan
The Australian Taxation Office (ATO) has released its 2025-26 corporate plan, outlining key priorities, challenges...
Official Statement – Phishing attempts
We are aware that some clients have recently been receiving fraudulent emails and phishing attempts...
Effective strategies for debtor management
Debtor management is a key component of long-term business success. Poor debtor management can quickly...
Choosing the Best Client Accounting Software for Your Business
Good client accounting software is essential for business growth and improvement. The right software will...
Key Dates – September 2025
September 21: Lodge and pay August monthly activity statement. September 30: Lodge PAYG withholding payment summary...
SMSF property investment: A comprehensive guide
For many investors, a popular way to invest directly in residential or commercial property is...
Super tax still on the table after first parliament session
The first sitting fortnight of the 48th Federal Parliament shed little light on the fate...
Capital gains tax in Australia: what you need to know before you sell assets
Capital gains tax (CGT) in Australia applies when you sell certain assets. Understanding the consequence...
Key Dates – August 2025
August 11: Q4 (April–June) activity statements lodged electronically – final date for lodgement and payment....
Small business tax deductions in Australia: what you can and can’t claim
The small business sector is the backbone of the Australian economy, representing over 95% of...