Okay... I want to do some business...
By ahgong
@ahgong (10064)
Singapore
April 11, 2010 10:19pm CST
I have been going around trying to make some extra money to supplement my income.
So far, the earnings are miserable. Chump change as some would have called it.
So I was sitting down and thinking, what if I were to go into some sort of business. What kind of business would that be?
What kind of business that would require some low cost start-up, with goods that can fit into a regular mid-sized sedan for delivery?
What kind of business that would be able to earn more than just chump change that I am currently doing?
Any suggestions given the lowest budget you can find for starting a business?
Do share your ideas.
2 people like this
3 responses
@JenInTN (27514)
• United States
13 Apr 10
The type of business that has the lowest startup cost would be the offering of a service. I would ask myself what type of service that you could provide with the means that you have. You also need to ask yourself what you would enjoy doing everyday. This will need to be something that you can dedicate yourself to and f you don't like what your doing..it will be very hard to make your business work.
2 people like this
@ahgong (10064)
• Singapore
13 Apr 10
I did think about it. And I do know of a few things I can do. Problem I have with providing a service, is currently, the service I offer, they usually come with a host of packages that I do not provide. I only can provide a section of those who have the capabilities to offer a host of services as a package.
As such, I do not know where or how to price my services.
That is the headache portion that I am trying to fix.
Any tips on how to put a value on your services that you plan to provide to make an income?
@JenInTN (27514)
• United States
13 Apr 10
I would search the internet for prices on that particular service. Even though you don't offer a "bundle", I'm sure the larger companies have prices for the particular service you might provide. If not...request a quote for just that job by email or ask at what you would be looking at if you wanted just that service provided. You can get a ballpark figure that way and have a better idea as to how you can price your services and if you can be competitive.
1 person likes this
@rajaiv0810 (1012)
• Philippines
14 Apr 10
Like how much capital do you have in mind? I know that Bangkok is not that far from Singapore. Why don't you try to buy some shirts and clothes there and sell it to your friends. There are a lot of cheap clothes there and still in good quality. Clothes in Singapore are quite expensive aren't they? In that case you'll give your friends some cheap good quality alternative.
2 people like this
@kun2349 (23381)
• Singapore
14 Apr 10
hehe ^_^ THat has been in my mind for quite sometime already!! haha =D I have been thinking about going into business as well!!
I have the idea of setting up a blog shop selling of all kinds of stuffs, accessories etc.. BUt i'm kinda lazy with the blog thing though.. lol =D ANd i have the ideas inside my head, just that i din fulfil it yet due to financial constraint!! haha =D
