Hai I am in place to invest Rs.2 lakhs please suggest some philosophy for starting business in automobile area?

I am equipped to invest Rs.2 lakhs here business since iam interested in automobile paddock. I would approaching to start business here pasture please suggest me some accepted wisdom for starting business in automobile area next to this investment and also suggest what are the steps to be followed and what are the precautions should i whip to avoid loss surrounded by the business. It would be hugely compliant for me if you suggestion me as impulsive as possible. Please suggest also the concept for starting the travel business and what is the investment needed for that business.

Answers:
for automobile business, investment of Rs.2.00 lacs , in modern times is peanuts..

You hold to consider virtuous location, shop building out right purchase of on lease..
furniture,
inventory.
your experience in getting honourable supplier who contribute factual parts and also hold obedient outside edge, your propensity to enjoy maximum credit extent from supplier and quickly change flow from customers...

in that are Trucks, Cars, three wheelers two wheelers .. which parts you will hold and how much inventory you will maintain

You have need of a counter sale man. organization boys, computer , clerks

How will you afford them wages .. adjectives these have to be thought out until that time embark upon the Automobile business..

If you can muddle through 20 lacs loan against your 2 lacs bread deposit from any dune . consequently you Willl own righteous property and you stipulation to submit your proposal to mound giving them your business plan and shelter, quotation of your friends who wil stand surety to you..

Profits also do not come hastily .. in that you hold to hang around for gestation length .. you enjoy to be vigilant on Cash outflow.. otherwise masses Relatives will be optimistic to assist within your Venture and delight in near you.. but when annual side closing comes. your firm will show what is your profit or loss..
believe me i have this plans long time support .iam a power-driven plot also done my amie from chennai working in kuwait in a top american firm for long-gone 11 years contained by a accurate position,resourcefully i own get design have plans this way
in the region of 4years stern .once you acquire a right accepted wisdom from inhabitants
consent to me know .distribute me you email address if you want to
Hi
Any business is mixure of opportuinity and risk.

First of adjectives u must study and analyse the opportuinity available in the bazaar contained by the form of Who are or will be yopur customers and what product u can proposal and the stipend system surrounded by the bazaar .
See if the merchandise are man sold contained by the souk on credit , your fund cycle call for more liquidity for brass cycle .
When u own completed your study roughly speaking the opportuinity than assess your risk in the bazaar . selling is terrifically comfortable profession unless and until you are rewarded for. A credit public sale is blunder and bring loss by road of discouraging debts as powerfully .
Without completing your study if u put your juice funds surrounded by any business if will be intensely difficult to unbolt the loss at any point of time. U buy shop and furniture which can not be sold rear legs if u want to renovate the business plan.
But still you fell the opportunity I can suggest to hold a tyre shoppe for vehicle, scooter and truck of adjectives the reputed company. Of course u may draw from support from the company and the speciality is that u may competent to sld your stock any time u want and these products are ostly sold surrounded by lolly and no specific furniture is required except singular few tools . But if u could arrange more funds than u may own tiller alianment apparatus for the cars .
You may incorporate the auto parts shop or maruti authorised service station as okay .

Hope this back
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Dear your have money to invest in Automobiles it's dutiful.
But their for you enjoy to be flawless relation surrounded by local flea market.
Because you are own immensely little amount to invest.
So draw from start near small trading.


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