R20000-R50000 to startup a business? How to go about it?

[Blurock]

I need my own business going, something to give me an income while I focus on what I really want to do. The one system I have developed and want to improve and know can be a success, I need about 6 months to develop it further.

Starting a new business takes time and dedication and many many late nights. I do not think that you can do this on a part time basis and still focus on what you really want to do. You are going to lose out somewhere if you do not keep your eye on the ball.

[bjsteyn]

Haha, i hardly sleep. If my body could handle it, i probably wouldn't sleep

This could work for me as an partime business. I already have a business plan, that i know will work.

I believe i can sell the product and will try and negotiate an smaller initial investment like R5000, then not much lost. At worst I have an e-ciggie supply for
an lifetime

[bjsteyn]

My business plan doesn't require alot of work from my side, but it will get the product out there.

[Dave A]

I went to look were the product was being imported from, and found that there is one more person importing it. What is stopping that person from selling so called protected "agencies". When importing goods is there any sort of agreement were you can sell?

I'm so glad you're doing the research, BJ. There are plenty of sharks out there.

And not much to stop you from being their prey other than eyes wide open, I'm afraid.

[AndyD]

Research the distributors, find out what other products they've been involved with in the past, speak to others who've done business with them over the past few years. When making your business plan get an uninterested third party involved to help you, it's not easy to be impartial and realistic when you're excited about a product.