Florists have been around for centuries. They’re also likely to be around for centuries to come, as there is always a demand for flowers. Therefore, it’s always a good time for you to enter the industry. Opening your own business can be an extremely rewarding and profitable venture. Below, we break down how to open your own florist.
Educational training
To become a florist in Australia, you generally need to have completed at least Year 10 of High School. There is no university degree required. However, TAFE NSW offers a Certificate III in Floristry. This is recommended to ensure you understand the industry and how to succeed in it.
Australian Business Number (ABN)
To run a business, you require an ABN. Registering for an ABN is generally a straightforward process. As you’re likely to be running a small business, we recommend the ‘company’ option.
Register a business name
Obviously, you florist will require a business name. It’s recommended to have a catchy name, to ensure the public remembers your business instead of others. When you register a business name, you need to check the availability. Have a couple options in case your first preference is already taken.
Bookkeeping
It’s likely that you don’t understand all the different financial aspects of running a small business. That’s perfectly okay – those who do, generally have a university degree in it. Through filing your receipts, you may be able to keep accounting expenses down through utilising a platform such as Xero. This will ensure that your business adheres to the relevant laws, whilst saving you time and money in the process.
Reach out to customers
Once your store is opened, there’s only one more thing you really need – customers! To bring customers in, you’ll need to advertise. It’s your choice on how you do this, and heavily depends on your geographic area. You can choose to advertise through:
- Billboards.
- Newspapers.
- Online advertisements.
- Door-to-door.
It’s recommended to review what other businesses in the area are doing, and then determine the most appropriate way to compete with them.
Final thoughts
Opening your own florist can be an exciting time, promising personal growth and fulfilment. However, it’s not going to be all straightforward. As with anything, it will require time and effort to be successful. For further enquiries regarding opening your own florist, a business lawyer may be of assistance.
