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ilovelife

Joined: 22/11/2011 Posts: 2
Message Posted: 22/11/2011 12:29 | Join or Login to Reply | 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 | Join or Login to Reply | 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 | Join or Login to Reply | 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 | Join or Login to Reply | 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 | Join or Login to Reply | 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 | Join or Login to Reply | 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 | Join or Login to Reply | 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 | Join or Login to Reply | 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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