Monthly Archives: September 2017
If you have some savings that you are looking to invest in a business to make a good return on investment, you will first need to study the market to find out what needs exist that have not b properly met. The world is changing which means that the needs that exist today may not be with the solutions that were provided five years ago which is why you will need to study the market in detail and look for a business solution that you can provide to meet some specific need in the market. A few ways in which the world has changed is the rise of the internet has provided many young people with the opportunity to start small businesses but having to do so on very small budgets means that they face many problems in trying to find a suitable location to run their business at the budgets that they have in mind. This is where you could come in by finding a way to provide places for these youngsters to work at a very small investment.
Ideas that you can explore
One idea that you can explore to provide a solution to this problem is to have a co-working space in Singapore that they can work from but because it will not be a complete office, they will be able to pay a much lower rate. You on the other hand will be able to rent out many such spaces allowing you to cover up your money and make a good profit while giving each of these young people a chance to build on their own dreams.
In order to do this, you will have to find a serviced office that you can hire for a certain amount of money with the agreement that you will be re renting it out to other people. The only problem you might face is that there are going to be people that will not be in agreement to the re renting agreement but if you look hard enough you will be able to find one.
You can provide these people with the typical office environment and even encourage them to share ideas and work together to improve on ideas by having monthly or weekly meet ups that you can organize. Although this might be an extra cost for you, it would be an additional thing that you are providing that can help their businesses to grow and in turn, you can secure the money that you earn through their businesses succeeding.