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K&K Prestige Removalists

3-year business plan and financial forecast for a lean, owner-operated after-hours removalist business run by Kaitlin & Kevin alongside their existing 40–45 hour/week day jobs. Figures are planning estimates in AUD, July 2026 — confirm current rates with an accountant before acting on any of it.

The one number that matters: at $35/hour self-pay, this business is roughly break-even-to-loss-making in Year 1–2 under realistic hour limits, turning a small profit in Year 3. That's not a flaw in the plan — it's the honest arithmetic of a two-person, hours-capped side business. The levers that fix it are pricing (this brand is positioned as premium — use that), not volume, because volume is capped by two day jobs.

1. Operating model & capacity

K&K is not a full-time removalist company. Kaitlin and Kevin each work ~40–45 hours/week in their day jobs. The business runs strictly nights and weekends, with each founder contributing an average of 4–8 hours/week to K&K — the plan uses the midpoint of that range and grows it slowly, protecting their time for life outside work.

AssumptionYear 1Year 2Year 3
Combined crew hours available/week (both present per job)678
Admin/marketing/quoting hours, each, per week2.02.252.5
Average job length (blended apartment/house/single-item)3.25 hrs3.25 hrs3.25 hrs
Jobs completed per month~8.0~9.3~10.7
Average revenue per job (mix shifts toward house moves + price rise)$310$330$355

Van and fuel are supplied at no cost to the business (existing personal vehicle), so there is no vehicle depreciation or fuel line in this model — a real and significant advantage most removalist startups don't have. If that arrangement ever changes, this plan needs re-costing immediately: a Sprinter-class van + fuel typically adds $8,000–14,000/year.

2. Revenue & wage forecast

Both founders are paid $35/hour for every hour worked in the business — job hours (both present, since jobs run as a 2-person crew) plus their admin/marketing hours. This is the business's only labour cost; there are no other employees.

YearJobs/yrRevenueCombined wages @ $35/hrGross margin before opex
Year 1~96$29,800$29,100$700
Year 2~112$36,800$33,600$3,200
Year 3~128$45,600$38,300$7,300

Wages alone consume 95–98% of revenue in Years 1–2. Everything below this line — insurance, accounting, marketing, software — has to come out of a very thin remaining margin, which is why the plan runs at a loss before Year 3 once those costs are added (Section 4).

3. Insurance — the non-negotiable cost line

This is the most important cost in the plan, not the smallest. Three separate exposures need separate cover; a single "public liability" policy does not cover all of them:

CoverProtectsEst. annual premium
Public liability ($10–20M)Third-party injury or property damage at a customer's home (dropped item breaks their floor, driveway, etc.)$600–900
Goods-in-transit / transit insuranceCustomers' belongings while loaded, in transit or being carried — the actual "fully insured" promise on the website$500–800
Personal accident & injury coverKaitlin & Kevin themselves — as owner-operators (not employees), they are not covered by WorkCover if they're hurt on a job. This is the gap most side-hustle removalists miss.$700–1,000 combined
Commercial-use extension on the vanUsing a personally-owned/borrowed van for paid work. Most personal motor policies exclude "carriage of goods for hire or reward" — driving paying jobs on a personal policy can void the cover entirely.$300–600, or may require a different policy altogether
Planning total~$2,400/yr (Year 1), rising ~4%/yr
Action before the first paid job: confirm with the van's insurer (or owner, if it's not Kaitlin/Kevin's own vehicle) whether the existing policy allows commercial/paid use. If not, this is a hard blocker, not a line item to defer — an uninsured accident while carrying a paying customer's goods could mean total personal financial exposure with no cover at all.

4. Lean overheads: accounting, marketing, IT

Kept deliberately minimal — no office, no paid staff, mostly free-tier or entry-tier tools.

LineYear 1Year 2Year 3Notes
Insurance (Section 3)$2,400$2,500$2,600Non-negotiable
Accounting / bookkeeping$700$750$800Sole trader/partnership rates — see Section 6 for Pty Ltd delta
Software / IT (invoicing, scheduling, hosting, domain)$500$550$600Xero-lite/Wave, Vercel hosting, domain
Marketing & print (stationery amortised + local ads)$900$700$700Full stationery suite ≈ $1,620 one-off, spread across Year 1–3
Card/payment processing fees (~1.8% on ~60% of revenue)$320$400$490
Consumables (blankets, straps, gloves, trolley wear)$300$350$400
Total opex (excl. wages)$5,120$5,250$5,590

5. Profit & loss, Years 1–3

Year 1Year 2Year 3
Revenue$29,800$36,800$45,600
Wages (Kaitlin + Kevin @ $35/hr)($29,100)($33,600)($38,300)
Insurance, accounting, marketing, IT, fees (Section 4)($5,120)($5,250)($5,590)
Net result (before personal/company tax)–$4,420–$2,050+$1,710
This is a genuine finding, not a modelling error: at this hour-capped scale, with proper insurance and a $35/hr self-wage, the business doesn't clear a profit until Year 3. Three realistic levers, usable independently or together:

6. Business structure: sole trader/partnership vs. Pty Ltd

This is the single biggest structural decision in this plan, and it has a real cost either way. Two paths:

Option A — Sole trader / partnership Recommended at this scale

  • Each of Kaitlin & Kevin gets an ABN (or they register a 50/50 partnership) — no company registration, no ASIC fees.
  • Profit (or loss) is added directly to each person's individual tax return, on top of their day-job salary — taxed at their marginal rate, whatever that already is (likely 30–37%+ once day-job income is included).
  • Losses in Year 1–2 can generally offset other personal income (reducing tax payable on their day-job salary), subject to the ATO's non-commercial business loss rules — broadly fine at their income level, but worth 10 minutes with an accountant to confirm the "four tests" are met.
  • No compulsory superannuation on their own labour (sole traders/partners aren't employees of themselves) — though voluntary personal super contributions are worth considering for the tax deduction.
  • Real downside — unlimited personal liability. If an insurance claim is denied, exceeds its limit, or a dispute isn't covered, personal assets (savings, cars, home equity) are exposed. In a partnership, each partner can also be liable for the other's business decisions ("joint and several liability").

Option B — Pty Ltd company

  • Company profit taxed at the flat 25% base-rate-entity company tax rate, separate from personal income — but drawing money out (as wages or dividends) still triggers personal tax, so this mainly matters once profits are large enough to retain in the company.
  • Adds real, compounding costs at this revenue scale: ASIC annual review fee (~$321/yr), incorporation (~$597 one-off), and a materially more complex tax return (~$1,300–1,800/yr more than sole trader accounting).
  • If Kaitlin/Kevin pay themselves as director-employees (wages, not dividends), Superannuation Guarantee (12% from 1 July 2025) becomes compulsory on those wages — roughly $3,500–4,600/yr extra on the wage figures in this plan. Paying dividends instead avoids SG but requires the company to have franking credits/profit to distribute — awkward given the thin margins here.
  • Company losses cannot offset the founders' personal day-job income — they carry forward inside the company only, which is a real disadvantage given this plan shows losses in Year 1–2.
  • Upside: generally shields personal assets from business liabilities (subject to directors' duties — insolvent trading, personal guarantees, and fraud/negligence exceptions still apply; the "corporate veil" is not absolute).
Recommendation: start as a sole trader or 50/50 partnership. At $30–45k/yr revenue with Year 1–2 losses, a Pty Ltd's extra $2,000–5,000/yr in ASIC fees, accounting complexity and (if paid as wages) compulsory super would make an already loss-making Year 1–2 significantly worse — and company losses can't offset their day-job tax the way sole-trader losses can. The liability exposure that Pty Ltd protects against is better and more cheaply managed here through adequate insurance (Section 3) than through a company structure. Revisit incorporation once revenue is consistently well above the $75k GST threshold, they take on employees, or they start handling materially higher-value jobs/goods.

7. GST

GST registration is only mandatory once turnover reaches or is expected to reach $75,000/year. This plan's Year 3 forecast ($45,600) stays under that threshold throughout, so registration is not required in this 3-year window.

8. Key risks & what to fix before taking the first paying job

  1. Van commercial-use insurance gap (Section 3) — confirm before any paid job runs; this is the single biggest uninsured risk in the plan.
  2. Founder burnout / life balance — the 4–8hr/week cap exists specifically to protect Kaitlin & Kevin's life outside two jobs; resist the temptation to "just squeeze in one more job" once demand exceeds the modelled capacity — that's the point at which hiring, not overworking, becomes the right answer.
  3. Year 1–2 cash flow — the plan shows a cash-flow loss before personal tax offsets are applied; keep a buffer (savings or reduced Year 1 self-wage, Section 5) rather than assuming the business self-funds from day one.
  4. Underinsurance on high-value items — confirm the goods-in-transit policy's per-item and per-job limits match what's realistic for a "prestige" positioning (customers with premium furniture, pianos, etc. per the site's own service list).