QUOTE(kangry @ Oct 22 2013, 01:50 AM)
Failed
Capital : 0
Period : 2 years +
Type of Business : Event props and Booth Contractor
Person : 1 partner (both of us can design and have knowledge on the materials and contruction techniques)
Lesson : Client company wash out with outstanding payment, unable to sustain to pay suppliers
This is a business that is easy to maintain the sales, what we did was, walk around exhibition and talk to people (give name cards). Eventually people will contact you to compare price and design. Nett profit margin is around 20%-45%
anyway im still looking for other business opportunities despite the failure of first business (which is very pain in debt but i am recovering =)). Lesson learned 0 capital doesn't mean low risk.
Also i would like to share this info for those who are interested on CAR RENTAL business, please refer to the website below,
http://wahiabdrashid.com/287/menubuhkan-sy...at-kereta-sewa/
not an easy process for the licensing, and risk management part.
Event biz is good income, but how much min capital need to start up?Capital : 0
Period : 2 years +
Type of Business : Event props and Booth Contractor
Person : 1 partner (both of us can design and have knowledge on the materials and contruction techniques)
Lesson : Client company wash out with outstanding payment, unable to sustain to pay suppliers
This is a business that is easy to maintain the sales, what we did was, walk around exhibition and talk to people (give name cards). Eventually people will contact you to compare price and design. Nett profit margin is around 20%-45%
anyway im still looking for other business opportunities despite the failure of first business (which is very pain in debt but i am recovering =)). Lesson learned 0 capital doesn't mean low risk.
Also i would like to share this info for those who are interested on CAR RENTAL business, please refer to the website below,
http://wahiabdrashid.com/287/menubuhkan-sy...at-kereta-sewa/
not an easy process for the licensing, and risk management part.
Oct 27 2013, 08:17 PM

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