What kind of business can you suggest?
27 Jan 10
I suggest you make your own business to get money. Usually people do not dare to make their own business because they do not have the capital to make their own business. Currently, many lending money to the capital of Bank so that you are not confused about where to capital.
26 Jan 10
It depends on a lot of things. Number one, what are your skills or talents? It is good to invest in a business that you know. Like if you're good in cooking, then you should look into a kind of business which has something to do with your skill. What's your passion? What special talents do you have? Then you need to ask yourselves if you have the right location for your business. Never put up a business which is not strategically located near your target market. Third, how much money do you have to really make a go of such a business you want to have? In our place, people who put up new businesses usually set up internet cafes, or beauty parlors, or massage parlors or restaurants. They are surefire winners in our place.
30 Jan 10
We have decided to put up an internet cafe. But one of the main problems here in our town is that the local government bills too much tax on the said business. They collect taxes annually but it will be equal to a month of our net income. I don't understand why they collect so much taxes on small businesses. They should have not to encourage the people to put up one. And eventually can make our economy in a satisfactory level.