What Business Can I Start with $20k in Australia? 11 Profitable Businesses [2022]

In today’s time, starting a business has become much easier than before, especially in Australia because according to the report Australia is ranked 14th in the world in the Ease of Doing Business Index.

A lot of people ask what business can I start with $20k in Australia. so if you also want to know the answer to this question then you have come to the right place.

With $1.31 trillion, Australia is the 13th largest economy in the world, making it the perfect place to start a business with little investment.

So let’s know which profitable business you can easily start in Australia for just $20K.

what business can I start with $20k in Australia?

Whatever business idea you will know in the below list, I have made it on the basis of investment, market demand, and low competition.

Below I have listed the best and most profitable business ideas to start in Australia, which you can start with $20K or less.

Graphic Design Business

The main work in graphic design is logo design, banner making, and brochure design, apart from this there are many other marketing materials that are created using graphic design.

And in today’s time, the demand for graphic content has increased a lot which makes it one of the best and most profitable businesses to start in Australia.

Investment Requirement: $20k

How much can you make: $100k – $300k/month

Skills you need to learn: Design skills, Marketing skills, Customer service skills

Business mode: Online 

Time to revenue: 300 days

Start a Niche Web Design Business

As people are going digital, in the same way, businessmen are also bringing their business online and for that, they need a website.

You can easily start a niche website design business, in this, you just have to create a website for a specific industry such as real estate, manufacturing, or service industry.

You can also start this business with less investment but you must have the skills in web design.

Investment Requirement: $20k

How much can you make: $100k – $300k/month

Skills you need to learn: Web Design skills, HTML, CSS, Javascript, Analytical thinking and problem-solving skills, Coding skills

Business mode: Online

Time to revenue:  Depends on your efforts

Start a Golf Simulators Business

There are many golfers who love to be pros, and many are getting trained using golf simulators. There has been a significant increase in the number of golfers in the last few years.

The golf simulator allows anyone to play golf virtually 24/7, it is available in indoor & outdoor modes. Golf simulators help to improve the accuracy of any golfer.

According to the report, there will be around 8.3% of growth in the golf simulator market in upcoming years hence this could be the best opportunity for starting your business

Investment Requirement: $20k – $50k

How much can you make: $300k – $500k/month

Skills you need to learn: Business skills, Customer service skills

Business mode: Online & Offline

Time to revenue: Depends on your efforts

Start an Art Business

People love to see art, and along with it, they like to buy all those arts which are pleasing to their minds. People’s interest in arts is also increasing a lot.

You do not even need to go anywhere else to sell your arts, you can sell them online from your home.

If you have a passion for making arts, then you can easily start the business of arts and there is no need for much investment in it.

Investment Requirement: $20k

How much can you make: $50k – $300k/month

Skills you need to learn: Design skills, Business skills

Business mode: Online/Offline

Time to revenue: Depends on your efforts

Start an Online Form Builder Business

Companies need a form to collect the data of their website visitors and customers so that they can grow their business.

You can create an online form builder to solve this problem of business and earn a lot of money from it.

Investment Requirement: $20k

How much can you make: $30k – $400k/month

Skills you need to learn: Design skills, Business skills, Coding skills, Customer service skills

Business mode: Online

Time to revenue: Depends on your efforts

Start a Healthy Meal Delivery Service

There are many people who are unable to make their own meals and many people do not have time so they prefer to order their meals online.

There is a trend of eating nutritional food among millennials and they prefer to order food online rather than going to a restaurant.

If you love cooking then you can start your own healthy food delivery business where you can cook healthy food from home.

Investment Requirement: $20k

How much can you make: $10k – $10M/month

Skills you need to learn: Business skills, Customer service skills

Business mode: Online

Time to revenue: Depends on your efforts

Start an Online Fitness Business

People are becoming more conscious about their health, so they prefer to take fitness classes online.

You do not need a huge space to start an online health business, rather you can start it online from your home.

You can also start an online fitness business with less investment as it does not require a separate physical location.

Investment Requirement: $20k

How much can you make: $100k – $500k/month

Skills you need to learn: Business skills, Customer service skills, Research skills, Coding skills, Fitness skills

Business mode: Online

Time to revenue: Depends on your efforts

Start a Blogging Businesses

There are a total of 1.7 billion websites on the Internet, out of which 600 million are blogs, 77% of the people on the Internet like to read blogs, and people constantly want information that they get through blogs.

Blogging is a process by which you create a blog, publish content on it and earn money by monetizing it.

If you want to start a business in Australia for $20K then blogging can prove to be your best business idea and it also requires very little investment to start & the potential of earning is so high.

Investment Requirement: $2k

How much can you make: $10k – $500k/month

Skills you need to learn: WordPress skills, Content writing skills, Graphic design skills, Research skills, SEO skills

Business mode: Online

Time to revenue: 180 days

Start a Photography Businesses

If you want to start a business in Australia for $20K and you have a passion for photography then you can start a photography business.

As the use of blogging, social media, and ad campaigns is increasing, so does the need for high-quality images.

If you want to start a photography business, identify your target audience and buy high-quality cameras and lenses, then make and sell the best images you can.

Investment Requirement: $20k

How much can you make: $10k – $200k/month

Skills you need to learn: Photography skills, Business skills

Business mode: Online/Offline

Time to revenue: Depends on your efforts

Start a Cleaning Services Businesses

In today’s time, people are so busy with office work that they do not even get time to clean their own house properly, so such people give house cleaning work to the cleaning agency

You can easily start a cleaning service in Australia and charge $17 per hour & in this business, you can earn money from day 1.

Investment Requirement: $20k

How much can you make: $5k – $400k/month

Skills you need to learn: Customer service skills, Business skills

Business mode: Offline

Time to revenue: from day 1

Start a Laptop Accessories Business

Laptop accessories are the parts of the laptop that are made to function properly such as the Keyboard, RAM, CPU, Motherboard, Hard Disk, etc.

If you want to start a small business in Australia, then the laptop accessories business can prove to be a good business idea for you as its demand is also increasing a lot.

In today’s time, people are using eco-friendly laptop accessories more so that there is less impact on the environment.

Investment Requirement: $20k – $50k

How much can you make: $30k – $500k/month

Skills you need to learn: Customer service skills, Business skills

Business mode: Online/Offline

Time to revenue: 30 days

Australia is a booming economy and it is very easy to start a business here so if you want to start a business in Australia with $20k then this is the best time to start.

Essential reads:

What Business to Start with 50k in Canada: Profitable Business 

You can make your business easier to operate by using many great technologies and software.

We hope that after reading this blog post, your questions will be answered easily.