anyone wanna do business

[ah^siao]

any bro here interested in doing business ? i'm thinking of doing my own business like bro ervine.. be a enterpurer..

now the goverment policies are advising people to come out and strike on their own.. be a enterpurer...

so is any bro interested? if u are mayb we can like work towards it..

[ervine]

haha what business bro?

[chrislwp]

U want to be an entrepreneur!! I agreed that government is encouraging that. But the government sector make it difficult for you.

My experience:

1. JTC don't talk to PUB to settle there internal precedure

2. rental is so expensive

3. To connect water & electricity for a factory, u need 42k deposit

4. PUB will charge you 20k+ for laying large power cabling in, which already existed. so as long as a change of tenant, PUB will charge 20k+ again

4. You rent a factory, you must return the original condition, be prepare to tear down the nicely built office and flooring

5. Activation of electric needs several weeks for a factory

So it's all about money here and there..

[woonming]

online mart is good

It is the trend now to do saving and using your home as office you can apply from HDB

[chrislwp]

Yup, using ur HBD house as office is easy, register of company name and application all can settle online within a day.

[ah^siao]

hmmm currently still finding some partners first.. then as a team we can work toward the business..

[dr evil]

but u need to noe what u wanna do...before u can pursue

i dont being a partner... but of course legal trade...

[roidan]

hmmm currently still finding some partners first.. then as a team we can work toward the business..

Ah Siao's Twelve?

[ervine]

Yup, using ur HBD house as office is easy, register of company name and application all can settle online within a day.

That's assuming that the business can be run from home... not all businesses can be run from home

[chrislwp]

Oh ya.. it is easier to register a business instead of a company using HDB.

[ah^siao]

hmmm.. a few of my friends are working together.. we looking for around 7 to 8 people with leadership and management skills... we are going into 4 business at the same time.. those interested can PM me..

[RAV-65]

Four at the same time??!?!

Why not focus on one 1st? den slowly venture into others whether the 1st one is successful or not... with four ideas, you're spread too thin!

Juz my $0.02...

[ah^siao]

my friends have been working on this for this for quite sometime.. only till recently i decided to join them.. then they ask me if anyone else will be interested.. from wad i heard they are opening up another 12 cafe within this yr

[RAV-65]

Hmm... maybe just different schools of thought... but anyway, Good Luck in your business ventures!

[ReDDeviLs]

opening up is 1 thing, going on with business is another. do consider this factor

[FuEl]

The most problematic part of running a business is keeping the accounts and maintaining positive cashflow. It helps to have a capable accountant.

[SpiderOne]

Welcome to the world of business . unless you have my wudi backstabbing skills . try not to find partners . coz they will most definitely backstab you . unless they are old friends etc . but most of the time it will definitely lead to conflict . same principle as why best friends dont fall in love . spoil everything .

Been trying out a few ventures recently . All sole proprietorship . I prefer the low capital costs of a purely online biz . when u find something you think has a high chance of working out . just do it . then its just 1 rule u have to follow

Dont procrastinate

[ervine]

Cafes.. hm high capital costs man... not for me.. hehe

[bwilly]

aiyo.. u again..

u should do research first.

find out which kind of business can earn you money with low capital.

Also market research on what consumer needs.. wah liu.. n also

take up a course on business + accounts.

For startup, look at business with very little capital.

Poor cash flow can kill any business. Stuck with slow moving stocks, poor paying patterns from customer etc. All your cash is stuck with

non-"liquid" assets, creditors come a knockin.. seow liao. domino effect.

Not say start business can start.

One idea is, asking xiao meimei to pose "######", do up a online pay subscribing membership, web hosting and main bank account is oversea.

[diabolus]

hehehe...

mark, you wanna be the next sammyboy?

can call ur website "markyboy"!

[ervine]

For startup, look at business with very little capital.

Kudos to that...

[ah^siao]

how low is low

[typrobin]

how low is low

aiyah, for u everything is low lah...

but to be frank, if u start something which u have no understanding about is quite tough...and looking for partners online is quite ridiculous...unless u already know them personally, dun anyhow start biz with any tom dick harry...

[ervine]

and looking for partners online is quite ridiculous...unless u already know them personally, dun anyhow start biz with any tom dick harry...

Kudos to that too! If doing business with friends is already risky in that the relationship can get soured easily over money... even more so for people you just met!

[ah^siao]

not all friends around u will be interested in doing business. i believe in looking for people who have the same mindset to do business..