Friday 22nd of August 2014
Australia is a thriving country with a broad and expanding economy. Its buzzing commercial activi
...ty is buoyed by its stronghold in the manufacturin...
Australia is a thriving country with a broad and expanding economy. Its buzzing commercial activity is buoyed by its stronghold in the manufacturing, technology, agriculture, tourism and healthcare sectors. The vibrant nation registered an increase of 0.8% in its GDP from September 2023 to September 2024. The positive environment and government support for small businesses encourage several aspiring entrepreneurs to jump on the bandwagon and become a part of the commercial sector. Many purchase existing entities that have been performing well to reduce the time spent in establishment and settlement.
It is the easiest and most convenient way to become an entrepreneur without any fuss. Also, funding can be secured more effortlessly for a recognised brand with concrete financial data and projections. Thus, inspired individuals must look for business listings in upcoming sectors to gain success quickly. Here is a list of emerging industries for small business buyers in Australia to start a fulfilling entrepreneurial journey.
Technology is the most high-growth industry in every country. Generative AI has already taken the world by storm and several small entrepreneurs are using the tech to build businesses. These include AI-based graphic designing, content creation, social media management, cyber security and architectural design. These services are in high demand because of automation, data analysis and proactive solutions. Several big corporations and tech-based companies are diverting their resources in building their AI capabilities to capture the market, such as OpenAI, Google, IBM, Amazon, Meta, etc. Small entities can gain traction through AI innovations that eliminate customer pain points. The Australian government also supports these ventures and offers financial aid for growth and stability.
Although the healthcare industry has been around for a while, it has come under the spotlight after the pandemic. A rising ageing population and implementation of healthcare technologies are helping in the quick growth of the sector. It is the largest industry in the country and employs 13% of its workforce, which reflects its significance. New entrepreneurs looking for a small business for sale in Gold Coast or any other flourishing city can think about choosing this sector. The market size of the industry in 2023 stood at $209.3 billion and is predicted to reach $218.4 billion this year. With population rising across urban and regional areas, it will offer small businesses the right growth opportunities. Thus, interested buyers can look at this sector for growth.
Revenue from the e-commerce industry stood at $57.7 billion in 2024, with a growth rate of 7.3% over the past five years. These numbers reflect the prominence and popularity of online shopping in the country. The high growth industry has captured the imagination of millennials and Gen Z, who find this convenient shopping method way better than physically visiting stores. Thus, driven individuals can opt for a small business in this category to grow effectively. Some of the latest opportunities across locations can be found on the link below.
https://www.business2sell.com.au/businesses/online-businesses
The fintech industry is the most promising sector for new entrepreneurs looking for emerging opportunities. Whether it is digital payments or blockchain technology, Australia has been ruling the roost with its prowess in the sector. It has become a leader in Buy Now Pay Later services and creating a digital identity framework. Tech-loving individuals looking for businesses for sale in Gold Coast or upcoming metropolitan areas can divert their attention toward fintech to gain fame quickly. These businesses are supported by the government for maintaining stability and will grow conisiderably in the coming years.
The pandemic made many people isolated because of the social distancing norms. Thus, most of them adopted pets to stay occupied and have a loyal companion. Consequently, Australia has one of the highest pet ownership rates in the world, with more than 29 million pets living across households. Naturally, the demand for pet care services has soared and buying a small business in this industry can bring excellent returns. Animal lovers who want to become a part of the exciting world of furry friends can look for opportunities using the link below.
https://www.business2sell.com.au/businesses/animals-and-pets
Sustainability has become integral to all types of businesses and aspects of human life. With the net zero plan of the government underway, it has become mandatory for the construction industry to reduce its carbon footprint. Thus, many new sustainable construction entities are emerging to develop green buildings and residences. These ventures use eco-friendly construction practices and utilise energy-efficient methods. It helps reduce costs and increase demand among tenants, buyers and investors. Therefore, it is one of the best businesses to invest in the current conditions.
Digital education started during the pandemic and has continued to thrive because of the need for the service. It helps reduce commuting time to the coaching centres and tuition classes for students. Digital education has become a billion-dollar industry with many vocational and industry-level courses being offered online. Various small businesses are entering the sector with educational, training and coaching services for different age groups. With the population rising and the need to upskill for career progression, these services have become highly sought after. Driven individuals can look for businesses for sale in this category using the link below.
https://www.business2sell.com.au/businesses/education-training
When it comes to travel and beach hopping, many people prefer heading to less crowded attractions. These places have the best nightlife, serenity by the day and an exuberance that cannot be missed. This is why many passionate individuals opt for tourism-based business opportunities in Gold Coast and other happening hotspots. These are the best locations for acquiring a well-established tourism business that provides accommodation and hospitality services to a large number of international, interstate and local travellers. The industry has regained its position after going through a tough period and is poised to grow. Find the best opportunities on the link below.
https://www.business2sell.com.au/businesses/accommodation-tourism
Wrapping Up
Small business acquisition is a smart investment for amateur entrepreneurs who need stability and far-sighted individuals who want to grow quickly. These entities operating in emerging industries are ready for exceptional growth and can be leveraged to become successful with minimum effort.
Buying an established business is the one of the most lucrative decisions for aspiring individuals. Instead of spending years establishing brand awareness...
Australia is renowned as an open, thriving, and globally connected economy. With robust public and private sector collaboration, the nation boasts of...
Business2Sell is one of the biggest and trusted marketplaces for buying and selling businesses in Australia. With thousands of buyers and sellers visiting the site every day, it offers wider reach and extensive opportunities. Whether you are an aspiring entrepreneur, investor, or seller, you will find what you are looking for right here.
