Xtorm,

In general, small business failed because they expand too fast and they run into cash flow problem. Why do you need 20K to begin with?? At most you only need one CCTV system to demo. You can even offer a special price to your friend's father shop to install that CCTV for him. He can have the CCTV and you can demo it live.

The rest of the stuff that you need is some brochures, business cards, a table.

A CCTV at retail is only RM3,888.

Do not start big and put yourself into a big hole.

Dreamer

This post has been edited by dreamer101: May 2 2006, 08:24 PM

Do not stock inventory. That is a very bad idea. CCTV stuff are like PCs. Aka the price can drop very fast and it is dropping. For example, you use a hard disk on the CCTV. How do you know how big a hard disk that the customer wants and needs?? The hard disk price is dropping every day too.

If this is really the business that you want to go into, you should look at some target niche area. For example, how much will it costs to do this CCTV thing for a kindergarden so that their parent can watch their kids over the internet?? I think this is a standard feature in the CCTV system that I saw.

What is your selling point?? Price cannot be the only differentiator.

Dreamer

By the way, my brother-in-law just installed a CCTV system in his store. It is similar to the CCTV system that you saw in a 99 supermarket. The unit is a self contained pizza box. IMHO, this kind of self contained system looks more reliable and maintainable than any PC based system.

You could check it out whenever you go into a 99 supermarket. The system is the pizza box under the TV inside the supermarket

Dreamer

Do your own research. But, I would stay away from the PC version. The maintenance will be very bad. People will be tempted to use that PC for all other stuff which will interfere with the CCTV operation. And, you cannot stop your customer from doing this. You may sell one system to a person but spend the rest of your life maintaining it.

Dreamer