Your own business. For far less than you think

24 May 2021

You’re ready to start your own business – you have the clinical expertise, the passion, the drive to help your customers.

Is it the cost that’s holding you back?

Whether it’s the upfront costs and shop fit-out, or the fear that you won’t have a salary to fall back on, the cost of starting your own business can often be the reason audiology professionals don’t pursue their dream of striking out on their own.

But this is not the case for Specsavers Audiology partners.

What it really costs to open a new partnership

Our partners are business owners – and when you join us as an Audiology Joint Venture Partner (JVP) you are considered a director, shareholder, and employee in your business. You run your business, you have shares in it and the business pays you a regular salary and superannuation.

And the level of investment to get a new Specsavers Audiology business started is much lower than you think – despite what you may have heard from our competitors or industry gossip.

A shareholder loan of just $10,000 is all that’s required to get started.

So how does it work?

As partners, we (Specsavers) and you (the Audiology JVP) both contribute a shareholder loan to the business, as our contribution to working capital and business setup.

And your shareholder loan is just that; a loan. And as a loan, it is repayable back to you over a maximum period of three years.

And for many of our partners, the loan is paid back much quicker than that, as their businesses grow faster than anticipated.

This means for many partners they are earning their salary and earning profits – sometimes as early as their first year of business.

Talk about seeing the value of your hard work pay off.

So, don’t get caught up in the fiction. Come talk to us about what it really costs to become a new Specsavers partner, and how we can help you start your own business today.

For more information contact Julia Hewagama on 0409 015 519 or email