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 For Small and Medium Business Owners, Come In and Share Your Biz.

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nekko
post Sep 4 2010, 12:42 AM

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QUOTE(Jordy @ Sep 4 2010, 12:29 AM)
Tror,

Photocopy business is VERY common among students these days. Profit or no profit depends on your competition and your marketing to students of your college. I believe that the market for this business is now saturated in most colleges in the Klang Valley, so entering the market now means you have more work to do in order to get a share of the pie.
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Tror, you're lack of business experience. You're from the engineering background trying to get your hands on one so you really need to put in a lot of efforts especially in doing research. Not to mention about your product/services that you intend to offer, you're putting yourself in high risk when you have no knowledge at all and yet you plan to have someone(staff) looking over the business. It's not as simple as you think, set up the stall, having someone there to manage on your behalf while you assume based on your calculations you'll be getting that amount of profits every month. Many things that you need to take into considerations.
nekko
post Sep 5 2010, 02:58 PM

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hi gapnap

"taking your best product and giving it away for free" like in the case of the coffee I can still accept because you give out samples(smaller sachets to take home). But in the case of the car giving people a test drive is just giving people a taste of the experience you're not actually giving out the car like the coffee. In the case of misscreamypie how do you expect her to do so? she does not have a physical outlet for people to try out.

This post has been edited by nekko: Sep 5 2010, 03:00 PM

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