Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Suggestion for a small business capital below 100k, business suggeston

views
     
trinity3
post Aug 26 2013, 07:50 PM

Getting Started
**
Junior Member
105 posts

Joined: Dec 2007
May be this is slight out of question but what are your skillset?

Mini Pos at industrial area not too bad in KV but I don't know their margin.
trinity3
post Aug 26 2013, 08:37 PM

Getting Started
**
Junior Member
105 posts

Joined: Dec 2007
Can cook doesn't mean you can run a FB biz & make $. Cannot cook also does not mean you cannot be in FB.

Boss no need to cook eg franchise.

Anyway to TS, suggest you take time. If u need to, get a job first. Test market eg sell nasi lemak. If I want to sell nasi lemak, I make & sell first to test market & won't commit to rent etc. Sell from back of car also can. This is call lean startup. The key is to reduce risk of failure & risk of losing your capital.

For brick & mortar biz, 100k won't go far & provide u with much safety margin

This post has been edited by trinity3: Aug 26 2013, 09:46 PM

 

Change to:
| Lo-Fi Version
0.0183sec    0.77    6 queries    GZIP Disabled
Time is now: 19th December 2025 - 03:34 AM