Some small businesses are having a hard time in a city with high costs of living, and with the Port of Melbourne set to increase rent rates, it’s going to be more difficult trying to make ends meet. The major price hike – which would be a result of the port’s privatisation – is an estimated 800% change in the current rates.
Start-ups and small businesses in Melbourne operate with limited budget. Of course, whether you’re working with thousands or millions of dollars, you have to be smart in allocating your resources. You have to decide what to buy or what to do on your own and what you ought to rent from or outsource to another company.
Start-up businesses that design and produce their own merchandise oftentimes have not much leeway when it comes to storing inventory before they are shipped to retail. In some cases, their own storage options can even do more harm than good, warranting the need for a third-party logistics (3PL) provider. Jamie Wyatt of Business 2 Community said the help may be effective if there were clean lines of communication from the very start.
Melbourne is known for producing over 21 varieties of tipple and boasts of at least 800 wineries. Local wine producers are no doubt keen on maintaining Australia’s reputation as the world’s largest non-European wine exporter. If you operate a winery and your bottled output is ready for distribution, whether domestic or overseas, you can count on transport companies from Melbourne such as State Transport to rise to any challenge.