Rotaboard
“We charged from the first customer. Paying customers tell you what really matters.”
OMOwen Mercer · Rotaboard · Since 2021
12-mo revenue$342,300+32% vs last yearPaddle
Estimate · Based on similar software businesses worldwide, including ones that closed.
Estimate
✓Your budget should cover this.
Bills run about $280 a month (fuel, insurance, rent, phone). Most owners make a profit after about 14 months. Keep this much aside to pay bills until then.
Register for GST when sales pass A$75,000 a year. Overseas customers are usually GST-free.
A privacy policy. The Privacy Act applies once sales pass A$3 million.
Clear terms on refunds, cancelling and downtime. Most survivors had a lawyer check them once.
Get a free ABN from the Australian Business Register. Register a business name with ASIC (about A$45 a year) if you trade under one.
Free to about A$10 a month. Keeps business money apart from yours.
Estimate · Before costs. Sign-ups peak in January and September.
| Slow | Typical | Strong | |
|---|---|---|---|
| Year 1 | $1.4k | $3.6k | $9.6k |
| Year 3 | $3.6k | $8.6k | $20.6k |
| Year 5 | $4.5k | $11.2k | $27.8k |
Slow: 1 in 4 make less than this. Typical: half make more, half make less. Strong: 1 in 4 make more than this.
Estimate
“We charged from the first customer. Paying customers tell you what really matters.”
Sets up your books and files your first tax return.
Estimate
$7.8k
about $116k
Starting costs about $108k less. Buying costs more, but you earn from the first month and skip the risky early years.