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Open own business?

As the wait for a job etches on… I am thinking about the possibility of opening my own business in China. But the big question is WHAT? A couple of friends have suggested opening a restaurant.

I guess it’s feasible, but I need to know where and what kind. Chinese restaurant is easier, as Western cooking would imply getting a foreign cook, which also imply larger restaurant. I mean, if you looks at some of the restaurants near Shufe, or any other universities, it’s more like a small stall with some seats and a couple of tables. Fixed assets are very low. But I don’t think the government is going to grant me a working visa(?) for such small investment.

Furthermore, finding a decent location is hard. I could move to different cities/provinces, but I wouldn’t be familiar with the popular spots. Going to cities where the cost of living mean less cost, but also less revenue. Need to consider the habits of the locals too.

Anyway, I still have a little time to think it out more. Maybe also ask more people about what I could do.

Comments

Comment from Stéphane Lee
Time August 11, 2006 at 11:27 pm

It appears that there are a lot of dogs. You could open a “dog” restaurant there. :twisted:

Seriously, if you want to go in the restaurant business, you can start working for a restaurant for a couple of months. First, you will learn the business, get to know the wholesalers, the pricing markup, the local authorities… It is a bold move to open a restaurant in a new country without any prior experience.

Good Luck!

Comment from clive
Time August 14, 2006 at 3:38 pm

Tilai working for a restaurant?? Must be kidding. No offense dude!!:slap:

Comment from Raymond
Time August 14, 2006 at 6:02 pm

Well, I was actually thinking of spending some time at a friend’s friend’s bar to learn a bit, plus go to see a Chinese friend in another Province who owns a restaurant. But as I said, they’re unlikely to be in the same place as where I would open the restaurant.

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