on starting my own business

Our topic yesterday at Girl’s Talk about how we love ourselves financially motivates me to start a “sideline” job where I could earn extra for family savings.

I talked with my mom before about the possibility of opening a second-hand shop or gowns for rent  in our city. I could shop in here trendy and fashionable clothes in flea market and we could sell them there in Philippines or else we’ll venture on selling jewelry. I’m still looking for a reliable wholesale jewelry supplier for silver here in Thailand. I’ve heard from a friend that I could buy silver jewelries as wholesale at Nakhon Si Thammarat-the popular haven for silver jewelries and I would surely enjoy a very low rate. Even if I’ll have only a capital of 30K baht to start this business, it will surely flourish. As a retailer I will make a profit when I mark up the items for retail sale. The mark-up on jewelry is usually quite high–over 200 percent in most cases–so if I want to buy it at wholesale prices, I can reap the benefits of low prices and sell the remainder a bit above my cost plus and still make money.

I better start praying and saving for this business venture I’ve been dreaming of.

1. Wholesale Jewelry

   July 9, 2010 at 5:48 pm

   Millions of Americans own their own businesses, and millions more dream of doing the same. Wholesale Jewelry

2. kevin

   July 9, 2010 at 8:40 pm

   The Best Home Business I’ve EVER Seen! (and ive done ALOT of them) This opportunity is HUGE. We’ll hook you up with everything you need to get started…100% FREE – http://bit.ly/9lXnvY

3. Credit Girl

   July 14, 2010 at 4:41 am

   I think it’s awesome that you’re planning on starting a side business. You’ll be able to see your business develop from start to finish and that’s an accomplishment that you can really be proud of. Please do continue to update us on your successes!