The Aussie Way

  It’s no easy task setting up a new business in a foreign country for entrepreneurs. But if you are someone looking to set up your business in Australia, then securing a  Business Innovation and Investment visa  under subclass 188 might just be your best bet! This visa allows foreign entrepreneurs to conduct business in Australia and eventually obtain permanent residency in Australia under subclass 888. Wondering how to get hold of this visa without being rejected? Just keep scrolling down and let us guide you. Before you go all giddy over the  subclass 188 visa , it is crucial to note that every visa, including this one, has its limitations This particular visa is merely a temporary or provisional visa that grants entry of foreign investors to the Australian business market. With this visa, you can only conduct business in Australia for 4 years. But don’t let this disappoint you! This visa ensures the holder can obtain a  permanent residency in Australia ...

TheAussieway   is a popular Australian blog that posts about trending news and stories on business, startup news, inspirational stories, lifestyle, travel, and more. This guest posting was written specifically for Booch News. Starting a profitable business is an exciting venture, offering opportunities to bring innovative ideas to life. However, the journey is not without its challenges. A significant number of small businesses face obstacles that lead to closure within the first few years, contributing to a worrying business failure rate worldwide.  According to the  U.S. Bureau of Labor Statistics  (BLS), approximately 20% of new businesses fail during the first two years of being open, 45% during the first five years. Understanding  why businesses fail  is the first and most crucial step to building a resilient enterprise. Below are ten proven strategies to help you create a sustainable and thriving business. 1.  Understand Why Businesses Fail Many ...

  What Makes a Franchise Profitable? Before we delve into the list of the  top profitable franchises in Australia , let’s first understand what makes a franchise profitable. The profitability of a franchise depends on several factors, including the initial investment required, ongoing costs, and the potential for growth. 2. **Subway** – Subway is another popular fast-food chain in Australia. The initial investment for a Subway franchise ranges from $200,000 to $400,000, and the ongoing costs are between 8% and 12% of gross sales. Subway offers a healthy menu, which has made it a popular choice for consumers who are health-conscious. 3. **KFC** – KFC is a fast-food chain that specializes in fried chicken. The initial investment for a KFC franchise ranges from $1.5 million to $2.5 million, and the ongoing costs are between 5% and 8% of gross sales. KFC has a loyal customer base, which has helped it become one of the most profitable franchises in Australia. Read More:  The T...