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Good morning to everybody))))I have some questions)

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ilovelife


Joined: 22/11/2011
Posts: 2

Message Posted:
22/11/2011 12:29

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Message 1 of 8 in Discussion

Hello) Im gonna come to Cyprus soon, I want to open there my own small business. Could anyone share with me their own ideas which kind of last one it can be)? What people need there? What is the political situation? If you have any thoughts please write me on my email Katemac09@mail.ru Thank you a lot



savanne


Joined: 16/01/2011
Posts: 64

Message Posted:
22/11/2011 13:01

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Message 2 of 8 in Discussion

its difficult here. people open a shop and after couple of months they closed down because they couldnt make any profit. better think of another better option before you decide to invest here. unless you have tons of money you can open a casino perhaps it will bring you profit. in my opinion only such businesses work well in this island



philbailey


Joined: 17/01/2011
Posts: 3534

Message Posted:
22/11/2011 13:28

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Message 3 of 8 in Discussion

Suggest you do some homework first.



Giles


Joined: 16/08/2011
Posts: 256

Message Posted:
22/11/2011 13:29

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Message 4 of 8 in Discussion

Well said Phil?



That's what this thread is surely?



brother



Joined: 29/01/2010
Posts: 446

Message Posted:
22/11/2011 14:03

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Message 5 of 8 in Discussion

Msg1. you question on the political situation demonstrates the amount of research you need to do before you could start considering the business environment in Cyprus.



If you look at the market as a whole, you can see that the main business activity is in the tourism, property services and rastaurant trade. The island's weather pattern is such that some businesses are not viable during certain months.



philbailey


Joined: 17/01/2011
Posts: 3534

Message Posted:
22/11/2011 14:08

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Message 6 of 8 in Discussion

Msg5, that was my point.



rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
22/11/2011 21:24

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Message 7 of 8 in Discussion

if you dont have a business plan in place , you really are a lost and lonely soul , forget it .



No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
22/11/2011 22:00

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Message 8 of 8 in Discussion

Some rules for starting a business.

1. Choose your business carefully

2. Make sure there is a demand for your business

3. Location, Location, Location.



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