Financiers needed for a business investment~

[jhiade]

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call INTERNATIONAL MARKETING GROUP...they can help you manage it towards an investment... look for DINO at 2331305

[W108]

Make sure you can afford to lose your capital. Business is a gamble, so if you have a family to feed on the capital you want to start a business with, I'd suggest you stick to your job, (or find a better paying one), and save the money instead. I'm sorry, but I'm a pragmatic realist, hence I don't go for franchising or networking or any related businesses. Their business model just doesn't suit me. But you could give it a try. Just make sure you ask around first, there are a lot of horror stories lurking around here, check the threads. Almost joined a franchise venture once, the owner was too ambitious about expansion...good thing I decided against it. And remember, just because others are doing well doesn't mean you will also, even if you belong to the same franchise/network. And that doesn't mean all of them are bad either.

It has to be a business you really want, because it will more or less define the next few years of your life after you start that business. It will be a learning process too, and sometimes even a traumatic experience. Starting a business is like a pig providing ham, you're COMMITTED!

Explore the market, see what's available and what 'gaps' are there. Can you fill in those gaps? Could be a product, or a service. Study the market and see if your planned business would fit. Ask around. It could be a buy and sell business. Or a service. Or be a materials supplier, if you have access to something businesses here need. If it's something closer to your interests at heart, then good, because your learning curve would be higher and you can keep up the interest. Informal set up or formal, up to you. But your capital demands would depend on the type of business you want to start.

If you go legit, some of the costs to consider would be licensing costs, permit and inspection costs, bribes (sometimes much higher than you're prepared to pay), utilities, inventory, wages and salaries, rentals (usually one month advance and one month deposit if you rent), as well as other hidden costs which may surface as you go about starting a business. Once the figures come in, p50k doesn't go far, especially if you have to consider that you need to spread your capital to cover at least 6 months' operating costs, assuming you have no income (like I said, I'm a pragmatic realist.) I'm not discouraging you, I'm just sharing my experience. The other option would be to go informal..unregistered. Which is easy, as the underground economy thrives here. You'd have lesser costs, but it would depend on the type of business you have, as some clients would prefer to deal with a legitimate entity.

Of course there are the financial parameters that manangement gurus need to fulfill, such as your ROI, cost of money, interest, etc., which you have to consider as well.

So, what would be a good business to venture into? Your guess is as good as mine. Offhand I have a deep-rooted mistrust for get-rich-quick schemes and earn-without-working schemes, mainly because that's not how I make a living. Although I could give you a list of what NOT to get into, as I've made enough mistakes and I'd be glad to help you out on that point. (PM me if you want, I don't want to diss other businesses in this forum...professional courtesy, the same answer the shark gave when a fellow shark asked why he didn't eat the lawyer who fell into the water. Joke! ) Whatever you decide, just remember to dream big, plan bigger, and save the biggest. That way if your dreams go bust, you'll have other plans to fall back on(or you'd have the right plans to keep your dreams going), and the funds to fall back on with(or the funds to have even bigger dreams). Good luck! :mrgreen:

[xrm_racing]

very nice info bro. it's so informative

[jhiade]

@chadix24_7: try mutual funds instead

[blacktop_boy]

@chadix24_7: try mutual funds instead

what is this mutual funds? please give me an idea.

thanks.

[pards]

I have an existing business, i need a business partner if you are interested to know more, feel free to call me 5642363 or text 09202173159.

[baby_blush27]

im interested regarding cd cart.can u give me more details regarding ur product.

[jhiade]

@chadix24_7: try mutual funds instead

what is this mutual funds? please give me an idea.

thanks.

mutual funds is where you can place your money and keep it like in the bank however it earns 8-12% per year compared to banks at 1-4% per year..

it is tax free compared to banks and the whole amt of money is covered in case of bankruptcy unlike with banks where your money is only covered 250K

if you want to know more about this, just shoot me a mail...PM me!

[lemo]

simple ra na do. the answer is SHABU HEHEHE....

[lemo]

SHABS do. hehehehehehe...