Industry Analysis & Industry Trends
The Insulation Services industry in Australia has endured extremely volatile conditions over the past five years due to government intervention policies and weak downstream building trends.
Industry revenue is expected to total $700 million in 2012-13, unchanged from the previous year (0.0%), but down from the record peak at $1.3 billion in 2009-10. This corresponds with the height of funding under the Commonwealth Home Insulation Program (HIP), which includes the subsidisation of ceiling insulation into existing dwellings under the Energy Efficient Homes scheme... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry remain minimal within the industry with easy to attain accreditation and very low capital costs. Prospective businesses can be started by sole proprietors or partners due to the fact that shopfronts and other capital costs are unnecessary. Businesses generally will only require some basic marketing tools so that consumers will find them, such as the Yellow Pages, online search engines and websites with company details including phone numbers and quotes.
The most difficult prospect for new participants is establishing a relationship with a wholesaler so that they can compete on price and gain a constant flow of work. The industry is highly price competitive due to the number of businesses operating in conjunction with DIY competition... purchase to read more