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Need Business advice,

(67253)
Monday, August 22, 2011 05:52 PM 

Everyone,

I see a couple of business discussions going on here so I am making one. Nowadays I am very frustrated about which business to opt for. I have MashAllah no shortage of funds. Can even invest 1 crore or more, but need a business with decent monthly income e.g 2-3lacs or more. At the moment, all I am doing is booking cars and selling them on premium or booking term deposits in bank. Despite monthly income from both these avenues, I am looking for a business which can give me better returns and satisfaction that I am not sitting at home and earning from bank and cars but going to office and doing something. Looking forward to your suggestions

Ali replied on Monday, August 22, 2011 06:15 PM 

I'm in a similar yet different situation, I have about 1 carore and I'm in Canada with usual 9 to 5 accounting job. What do you guys suggest? I'm not satisfied with life here and wanna be home. Is there any stable business I can set up that will provide me 2lac or close?? Thanks guys. Sorry rahim bhai, I guess I'll benefit from info provided here too

Riz Khan replied on Monday, August 22, 2011 10:21 PM 

Gents,

do not trust anyone first rule, second nothing comes easy one should have to work hard. 1 crore is not considered huge in pak but the most is your will matters and 1 crore is decent to start something. only do things in which you are expert and have experience or any work which inspires you where you get work satisfaction even the return is low.

suggestion : Retail stores, Shoe stores, Restaurants only if you know how to run, My suggestion learn shoe range in pak study shoe range, study prices and quality and then go china bring a container of mix shoe open a store at nice location and sell. slowly you will start getting good return but not in beginning.

Regards
Riz

ali zaidi replied on Tuesday, August 23, 2011 12:39 AM 

check agriculture side for business

Owais replied on Tuesday, August 23, 2011 06:29 AM 

Dear all,

There are so many learned and talented readers on this web site.

I want to float an idea that instead of having solo flight in commencing business on an individual basis and facing so many risks,we better consider syndicate financing and initiate medium size projects such as hospital, shopping centre, school, quality resturant, bakery, supermarket, a small factory etc etc.

Comments and proposals are requested from the experienced brothers.I am keen for one at Rawalpindi/Islamabad specially DHAI Phase 2.

Shahzad replied on Wednesday, August 24, 2011 05:54 PM 

Lemme tell u... I have also returned from UK... and started by own DAIRY FARM (Lahore) ... it is not an easy business... very tough, but if you pass first two tough yrs, then you can start making good profit .. this business really needs patience as one has to learn but RECOMMENDED !!

Ali Doha replied on Thursday, August 25, 2011 04:25 AM 

Dear Abu Tahir, thanks for your very informative try:
As per above your info Penut profit for 700 Kanal =Rs.70 Lac = 10,000 per kanal = 80,000 per acre and this is green crop not ripped one. May be ripped one can reached to double i. e. Rs.160,000 per acre (1.6 Lac).
My question is : Is this Penut crop can be grow on Irrigated plain land like in Punjab (where growing wheat, rice & Sugar Cane)

Abu Tahir replied on Thursday, August 25, 2011 09:16 AM 

Dear Ali,

Sorry I was misunderstood as I did not clear well!

These are the lump sum amounts against which the whole fields were sold.
The owner has to deduct his expenses, ploughing cost for at least twice, could be thrice, fertilizers, levelling for dirt lumps etc. The profit is 70% of the lump sum offer.

The peanut could only be lucrative if grown in sandy soil otherwise ripping, as you say, is a pain and very expensive. Own ripping is very difficult. Unfortunately the profit comes from the Afghan family’s labour as whole family put together their efforts in the field.
You have to have 100s of labourers to harvest and that’s where the profit falls sharply.
The Afghans are not in loss as when they come they bring 1000s of sheeps with them and they feed their herds from the redundant green peanut left-overs.

Irrigated lands are not sandy if I am not wrong and there harvesting may be expensive.
Why not wheat? Almost Rs 1000 per Mond (40 KG) and if rain poured in time, this is also as good as peanut.
One can have supporting business such as poultry farm, fish farm, goat farm etc, if you can manage a whole family permanently living there to take care of everything. This family could be given share of the profit, free milk and butter from the animals and sheep wool,for grazing the live stock.
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