What Kind of Business Should I Have? -- Small Businesses Discussion Forum

[ Show ]

Support VoyForums

[ Shrink ]

VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, 5, [6] ]

Subject: What Kind of Business Should I Have?

Author:
Larry

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: 11:37:41 05/23/01 Wed

NOTE - This message was sent to me via my e-mail address. I'm posting it here to help you. If you like to send me a question and have me post it, then please do that.
My e-mail address is - thrivingbusiness@email.com

Hi there!!!

I was just browsing through Yahoo when I came across your wonderful website but given my deadlines at work (I am still
working for someone else i.e not self-employed yet) I could not read through a lot of important stuff you have in there.

All I need is information regarding what business can I venture into.I have currently raised about R30 000(About $5000),and currently looking for some small business that I can start but that firstly :won't require a huge capital
investment,secondly it should not require 100% of my time as I am currently working for some other IT company but it should be a viable option.

Even though it can earn me some R1000($250) per month.The idea is I want a secondary income as my current salary is way too low to make ends meet.

I am South African but I am sure anywhere in a capitalist market,good business ideas will always thrive. I have started up a small car-wash and valet service business but it is not doing very well. My cousin is helping me take of the business but it is not making enough moolah yet,i guess we are just breaking even as we can just afford to pay the rent, rates & taxes,other expenses and that's it.

We have been going on for almost a year now and I do not think it's a succesful venture.

If you can please advise me on ways I can make this car-wash thingy work or should I give up on it and start something new with the money I have raised, or should I rather keep my money in the bank (though banks give very little interest in return).

Your urgent response will be appreciated.

Regards Larry

NOTE - I answered his questions via e-mail but I'm also including my answer for him in the reply section (since this is a long letter and I don't want to overfill the topic window)

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:

Subject	Author	Date
Re: What Kind of Business Should I Have?	Dennis S. Vogel	11:41:33 05/23/01 Wed