Any business chances

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  • IanF
    Moderator

    • Dec 2007
    • 2680

    #16
    From her IP Address it looks like she is from China
    Only stress when you can change the outcome!

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    • Citizen X
      Diamond Member

      • Sep 2011
      • 3411

      #17
      Point taken, consider myself Lashed! Kate, I have a profound respect for China becuase of the manufacturing ability. One of my good friends has bought several packaging machines from China at a price that he literally could not get anywhere else in the world! Believe me he tried, he embarked on a one year browsing around for prices exercise. The way in which he was dealt with was also very professional. He's a happy camper. He has now decided that not only will he engage in packaging but that he will also become an agent for the packaging machine. He now also sells the actual machines which he gets from China, he makes 20% profit on each machine, so he's not complaining!!!!
      “Success consists of going from failure to failure without loss of enthusiasm." Winston Churchill
      Spelling mistakes and/or typographical errors I found in leading publications.
      Click here
      "Without prejudice and all rights reserved"

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      • Just Gone
        Suspended

        • Nov 2010
        • 893

        #18
        I'm afraid I dont have the same adoration for China as you have Vanash.

        Comment

        • Citizen X
          Diamond Member

          • Sep 2011
          • 3411

          #19
          100% Kevin. The only reason why I hold them in high regard is this. I believe in the profit motive especially when it comes to myself i.e ( I want the highest possible profit margin, but when I shop I expect the retailers to be fiercely competitive to give me the lowest possible price). I have friends who are hawkers i.e. they hire a stall from the city council for R70 per month and by their own admission the only reason they can make a decent profit is becuase they buy clothing and shoes from China for resale.
          “Success consists of going from failure to failure without loss of enthusiasm." Winston Churchill
          Spelling mistakes and/or typographical errors I found in leading publications.
          Click here
          "Without prejudice and all rights reserved"

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          • Just Gone
            Suspended

            • Nov 2010
            • 893

            #20
            Sure I hear you, but the chinese are also preventing us from manufacturing products with their "cheap" and sometimes "different" labour
            practises! !

            Comment

            • Blurock
              Diamond Member

              • May 2010
              • 4203

              #21
              Originally posted by Vanash Naick
              100% ... the only reason they can make a decent profit is because they buy clothing and shoes from China for resale.
              According to SA Customs, duties are paid on only 40 % of the declared exports from China to South Africa. In other words, 60% of our imports from China is not declared. Customs is therefore losing out on 60% of the tax they should have collected!

              The vendors at flea markets mostly charge VAT, but are not registered and therefore pocket an additional 14% of your money. There is of course no guarantees and no refunds. If the quality is no good - that's your problem.

              The local shopkeeper pays rent, water & lights, UIF, licences, taxes, minimum wage and then hope to have something left at the end of the month. He will also exchange defective goods. No wonder he can not compete!
              Excellence is not a skill; its an attitude...

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