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For Small and Medium Business Owners, Come In and Share Your Biz.
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alpha0822
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 Dec 28 2009, 03:04 PM
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New Member
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learned a lot today, well done on this thread while i will be hookin up with u guys.
lets say if I wants to start off a business via Internet, can any tai kor advice?
currently found 2 partners and got tons of idea been rejected after a clear calculation has been done.
F&B would be a great idea but as my fren says we nid to know how 2 cook, just liked thread owner said. I dowan my chef run and my restaurant jz started/stopped without a chef = =
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alpha0822
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Dec 28 2009, 11:39 PM
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New Member
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QUOTE(am_eniey @ Dec 28 2009, 04:29 PM) Just do any buiness that you are capable of and you are way better compared to your employee. That chef runs away situation is a good example. From what I know, starting a business with partners is like suicide. My point of view about a beneficial business partner - someone who does a job not the same as what you are doing, I take myself as an example. I operate a laundry outlet and my friend sets up new laundry. Together we provide training to newcomers where he teaches machine installations and operations while I teach those laundry steps and procedures. Independently, we are able to expand our businesses respectively without intefering each others' operations. If the partnership you mean like you and your friend operate the same business and doing the same job, there will be WAR later on. but the best/fastest way to gather capital for SME should start off by partnership right ? We do understand the situation that about all partner was doing the same work and WARs happend, so we do prefer to seek for a good chances and start to plan, actually we do all the research and planning job after we came out for an idea and yet we will know whether is it really can be done, few points to concern were : Capital to start the business , Profit of the business, Competitor of business, future of business, Sources of supplier, and also the 4P of course , Plan, Place , Promotion, Price, and 2M : Management, Manpower. This would be the few facts we will concern on.  |
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alpha0822
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Dec 30 2009, 01:29 AM
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New Member
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QUOTE(edyek @ Dec 29 2009, 08:53 AM)  Thumbs up to room rental for students. Area nearby Taylors college is a good location. Good luck in searching for a good location.
Added on December 29, 2009, 9:30 amCouldn't agree more. Have the same experience in the computer sales and services venture. 
Added on December 29, 2009, 8:59 amToo many things to consider...  Up till now any idea what biz you plan to start? its too many for us to calculate, but cant find for a best one so far......so we plan to work for a longer period to gather more capital =) |
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