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Help Totaly New in Retail But Planning to Take the Plunge!

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Hi I have decided to rent a space at far east plaza and sell my goods. Can somebody please help ...


 
 
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Old 08-12-2009, 03:43 AM   #1
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Default Help Totaly New in Retail But Planning to Take the Plunge!

Hi I have decided to rent a space at far east plaza and sell my goods. Can somebody please help me with the following questions?

1.) Do I need to register my business before I rent and start selling?

2.)As a sole proprietor, if my business didn't do well and I would have to close down (touch wood) without owing people money, am I in danger of losing my properties?

3.) Is Far East plaza actually a good place for starters like me?
4.) Will I actually earn something from it?
5.) Any idea on how much capital is reasonable enough to start this biz?

Any piece of advice is very much appreciated. thanks!


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