How to set up a car wash business - December 31, 2008

Being a car lover, I myself always keep my car being washed at least twice a week. i noticed that a carwash business is a good business, because may people own a vehicle and maybe like me they are concern to always keep it clean. Car wash is a profitable business undertaking. Being a business minded person, since I work at the local government, and I become aware of the entire employee here almost have their service vehicle, but because of our work schedule, it’s so hard for them to keep their vehicles clean. From the taxpayers, employees of government up to the judiciary they are my target customers. I research, I went to different carwash shop to observe and finally I planned, I listed down all the equipment needed. And of course the most important thing is your target place.

If you like to start up a small business like a carwash shop these are the things to consider.

Find a location that needs a car wash. An attractive location, such as a busy street with good visibility, is a requirement for a business such as this to do well.

Research car washes.

Hire at least 2 workers to complete part of the washing and drying process.

Make a business preparation you’ll need to have the entire portion of opening and running the business worked out for the short and long term.

You must promote your new business. Hope for that it would rain. Rain produces mud, mud formulate cars unclean, and you’ll make them clean.

And lastly, you must have a small amount of money to buy the equipment needed.

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Running a cellphone shop - November 30, 2008

I personally like to share to you about the business I have right now. It is all about cellphones and its accessories. Here you will learn on how much money you will make in the cellphone business. Please try to understand everything what you’re being paid yourself into, and what to look forward to in this kind of commerce. Maybe after reading this, you can decide if you should enter or not the cellphone industry.

The cellphone business works in a many ways. You make money by doing the following trade to your customers:

1. Buy their used but still in quality cellphone (tips on appraisal: half of the original price of the cellphones. Then you can still add a little amount)
2. After buying it, offer your customer to buy the latest model of the phone. Show him/her the phones features and its accessories. ( you can encourage your customer to buy by giving him/her the warranty, assurance and supports)
3. After the customer purchased it, offer him/her additional accessories and software add-ons, downloads.
4. You can sell his/her used phone too. (You can add at east 300php to 500php for low-end units, and add 800php to 1,500php for high-end units)
5. The warranty difference between a brand new one and a used phone is you can give a 1 year warranty on a new one and for the used one up to 1 month only.
6. You buy cellphones from authorized dealers only. Sell only saleable cellphones like: nokia,sony ericcson,Samsung,Motorola,iphone.
7. display more accessories for gadgets esp. cellphones Selling accessories, such as housings, cases, chargers, headsets, holders etc., are another way to make money for your cellphone business. This sells like a hotcake and mark-ups high.
8. make sure you have the latest software for additional features of cellphones
9. On brand new cellphones, you can make money by wholesale, on retailing you only earn a little.
10. But above all of these, you must have a good place visible by customers where the market of cellphone really strikes.

Deep Thinking - September 3, 2008

I have been thinking of what kinds of business do I try to work on, given all the situations that we have in the world of business and all the retrenchments that are happening all throughout the world. I remember last year, Loans for small business have been limited due to the unstable situation in the stock market. Banks were afraid to let people get them because most businesses that time have the tendency to go down like an elephant on quick sand.

Most entrepreneur aspirants ended up just using personal loans and had to start with a very small capital, which made some eventual heartbreak for a lot of people. Some businesses fell without even experiencing any form of triumph and for some, mortgage played a big part of it since most have to have a different site for their businesses to be put up. They had trouble maintaining all of their bills, paying for loans, electricity, and some other stuff, which made them fall on their knees. With this crisis, everything has been in deep turmoil. We can only hope that in the next few months, we get something better, especially with the new president, or else we might just see something worse than everything that we currently see.