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Posts: 3

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Q: Starting up a small business - how tough?

Anyone have any advice on what kind of reliable small business i can do in Beijing? For instance is there anything i can buy from outside and then sell in Beijing.

13 years 8 weeks ago in  Business & Jobs - China

 
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Posts: 108

Governor

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Well like any industry you need to do a little research.

What do people want?(demand)
How much can i get and for how much? (supply)
Add a mark up to your supply, sale it and tadam! your in business making a profit

After using this little formula you may find cheap products that people need in Beijing and get it in for a profit.

First rule of business is to understand the "supply and demand" methodology.

May i suggest fake Apple product? Or maybe chiken? im sure KFC needs more Chiken!

Good luck mate! Cool

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13 years 8 weeks ago
 
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Governor

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Thanks Fap

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13 years 8 weeks ago
 
Posts: 362

Shifu

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Fap is totally right! And I would had human resource management is also a key to success! When I first arrived, I thought it was difficult to implement the "work hard, party hard" doctrine. Even now, I have problems with one of the secretary that keeps slacking all the time. Productivity, efficient service, dedication and pride toward their job is the most important part if you want to be succesful.

I encourage all the minions by introducing dancing, and it works well, because I found here in China there is a direct correlation between the lack of dancing and the lack of productivity. When they don't work hard enough, I organize dancing seminars in small groups where they'd practice riverdance and classic movies choreography. After that, their productivity is going up! I also encourage joke telling while working, and funny faces days.

But it's always important to innovate instead of just sitting on your success. Next week, I'll buy funny masks for everyone, because a fun surprise is always welcome at work!

Best luck in your business, shrek2!

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13 years 8 weeks ago

Getting halp from moar and moar people is like spin-o-rama high-fiving new friends on answers.echinacities.com with a tip of the hat finishing move.

 
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Governor

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thanks Poutineduflon

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13 years 8 weeks ago
 
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It is not tough if you can find trusted factory and good products. The prices are alomst the same level. If you have stable purchasing ability, and good business, find factory here on alibaba or www.gttown.com

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7 years 50 weeks ago
 
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Emperor

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Unless you have a strong business plan backed by robust research (as you clearly haven't) I would strongly recommend against it. Trading business in China is ultra competitive and the chance of failure is very high indeed. 

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7 years 50 weeks ago
 
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Well, as per my own experience it's not that difficult in Taiwan, especially since many people are able to communicate in English here. 

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7 years 50 weeks ago
 
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Answer of the DayMORE >>
A: No, it's not allowed to work under RP at 2nd job! I'd say, Z visa
A:No, it's not allowed to work under RP at 2nd job! I'd say, Z visa/RP sponsor can have an objections to your part-time job. I did the same at my English teaching in China and elsewhere, butT ... I casually mentioned at my prime job, some kindergarten or another school asked me to work with them part-time. Then, my Q: "Is that permitted?" ...  Answer from RP sponsor was always "Yes, but you can't be late or miss the classes at our school ..." with my reply: "No, our work schedule has a priority, and I'll arrange classes at kindergarten only in my free time." When I cleared that, I was undertaking any extra teaching hours at other schools and private students in my free time.Sometimes, teachers at my prime job asked me if I'm willing to have some extra classes elsewhere.I accepted after the talk with School's principal. I suggest, you test the felling at your Z/RP sponsor and once you see they don't object, you can work at 2nd job. Keeping your 2nd job as a secret from your employer won't work, 'cause you're laowai and Chinese know exactly what you do in your free time. However, despite your employer's agreement for extra work, you are still in violation of Chinese Labour law, and even if your sponsor agrees to your extra work, you can still get in trouble, because it's clearly written (somewhere ... ) that under Z/WP, one can work only at the Z-sponsor and nowhere else. Penalties ... I'd say, there won't be any warnings and you'll be required to exit China in short Exit time.It never happened to me, so I can't really advice how is when manure hits the fan ...  -- icnif77