The current economic climate in Australia (and particularly on the Sunshine Coast) has been unexpected, to say the least. Sky rocking housing prices, the cost of living increasing, wages plateauing, and low-interest rates have lead to a very interesting 2017-2018 period. The Sunshine Coast has experienced a well-deserved boost in the local economy thanks to expanding development throughout the region. What was once a sleepy tourism hub is now growing into a metropolitan hub in its own right. But what does this mean for investors?
Real Estate has always been the investment of choice. Until recently, that is. Those that are financially savvy are quickly understanding that the rental market throughout Australia is as unstable as ever. Meaning those with investment properties are seeing smaller returns year-on-year (in particular regions). However, there is one investment choice which receives little mention. Small Businesses.
A small business and commercial premises of the same average-housing value is sure to garner larger returns year-on-year, provided the business is maintained as a profitable investment. A typical business on the market will be offered including their proven systems, a loyal client base, and physical assets, just to name a few details. The business’ trained staff also ensure that you, as a new business owner, aren’t working all day, every day to see the fruits of your labour.
Whilst a small business may require more energy and drive to maintain its profitability compared to an investment property, the return on investment is certainly greater. Like any investment opportunity, there is always an element of risk. However, these risks can be mitigated by employing good advisors, and carefully researching the industry prior to settlement. The rewards of owning your own small business can be truly successful. Are you an avid investor? Perhaps you’re an aspiring business mogul? What are you waiting for?
As your trusted source of expertise and information, your professional services team can provide you with an array of helpful tips for buying and selling your business.
Thinking of investing? At Verified Businesses, we are the leading Business Broker on the Sunshine Coast and we have an enviable reputation within the local business community. Contact our friendly team today to book a consultation. You can also explore our Sellers Toolkit for everything you need to know about selling your business.
At Verified Businesses, success in business is Verified.