what kind of business can I do?

China
April 11, 2008 8:52pm CST
I am unemployed. But I have RMB 30000 (about USD4000),and i want to open my own business. The problem is that i don't know what kind of business can i do with such few deposit. Once I thought about opening a T shirt store online, but it is hard to get money back. Do you have any idea? Is there anyone who can help me?
1 person likes this
2 responses
• Philippines
14 Apr 08
hi violetroom... i discourage you doing online business many scams you may loose your hard earn money and i dont want you be... i suggest stick to traditional business which is offline business... i dont know how much is the startup business capital in china probably high. but if you convert USD4000 here to Peso =Php160,000. in the philippines which is enough to buy you a small franchise business food cart. (Selling dimsums, burgers, frenchfries, etc. so my suggestion if you dont have the business experience but enough capital go with a franchise system the chances of success are bigger because the business would be a turnkey provided you choose a good franchise. if you dont have the business experience and not enough capital... you may look for work related to the business that you like or you may look for work with high pay(Sales) to raise capital more quickly... ^_^ SMILE ALWAYS...
@skysuccess (8858)
• Singapore
17 Apr 08
If you intend to start a business, I would suggest that you start to educate yourself by being employed in that field of business that you are interested in. Sort of a OTJT (On The Job Training) besides you are getting paid doing it. It is very important to learn the ropes of the trade before you venture out on your own. Also, you will need to learn from successful entrepreneurs as well. Their methods, habits, visions and knowledge. Difficult? You are right because these are trade secrets and where will you be able to learn them from. Even success stories and autobiographies cannot be telling you all for you to emulate. So I would rather that you start by educating yourself with the successful Amway China who has many proven successful track record and a very rewarding potential. I would encourage you to attend their seminars and lessons for they are found to be a very reliable and successful.