Quote:
Originally Posted by nickbaston
Apparently,
i am looking into doing business in China, Shen Zhen.
My friend has a network which is trustworthy (own family member).
Just wondering if the business over there is good as i am going to do wholesale.
My friend did tell me about the venture and i have also headed over to have a look.
The crowd is huge.
The margin is fine as i am heading over to do it as well thus money is in my hand.
I am will be mingling with electronic devices.
Do advise and i am sorry if i actually post a thread wrongly.
Any advise will be appreciated
Any brothers want to do together also can.
Afterall, bigger capital have a bigger range of products.
You can head with me to Shen Zhen
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my two cents as PURELY an observer is this...
1. u doing with a friend..how well trusted is ur friend, whats is his special skill that he brings to tyhe enterprise, what do u bring (if just money then once he has access to ur miney why not cut u loose)
2 Family member in china, its VERY common for family to cheat family ..again so what special skill do u bring to the enterprise
3 the china market shenzen has been open for 20yrs plus to the west (ie u 20yrs too late) to do well in business u eitehr have to be one of teh first ones to do it opr to develop a way to do thing BETTER/cheaper than existing guys doing the same thing...do u think u have either those two criteria
4 the world is cirrently and continueing to be in a slow down with the usa only now possibly improving that means possibly 5 yrs of slow business do u have sufficient capital to weather the storm?
Anyway without further information not really possible to make full and proper assessment