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I Got $50k CashThis is a thread in the Starting a Retail Business forums.Retail is never easy in SG. Just try to find out how much you need to pay for rental..your 50k ... |
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#1 |
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![]() Retail is never easy in SG. Just try to find out how much you need to pay for rental..your 50k can be gone in the blink of an eye....
If this 50k is excess cash....i.e. you have some savings stashed up...then ok ..maybe you can dream a little...else it may just be easier to work for people... if you think working for others is stressful, wait till you have to worry about paying your staff and paying rent.... it is never easy to sell goods...you must be able to convert your goods to cash...what happens if your goods are stuck? shoes...there are designs, then there are sizes and colours.....how much of each are you going to have..if you don't have enough designs, you can never compete with the big boys...if you have many many designs, you will be limited by the number of sizes/colours you can have....given you have limited start-up capital.... you will need to have a strategy if you really wanna go into biz....if you r targeting the mass market...you can never do it with just your 50k......what will be your unique selling point? why would people pay for your goods/services and not others? just something for you to ponder.... |
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#2 |
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![]() straight to the point, I like your comment
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#3 | |
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![]() Quote:
straight to the point, I like your comment ![]() |
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