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Question:

I Want to start my own trading company for industrial Instrumentation and Electrical Equipment supplies .?

I am an electronics engg and have four year of exp in marketing .please do let me know the procedure to start such business. i have heard that we need to pay big amount as security to take dealership of any product .please also if some one can tell me the percentage margin left in trading.Is it profitable?? i want to open this company in rajasthan udaipur.

Answer:

Check your local news on how the industry is doing. Compare the unemployment and so forth to know if there is enough cash flow going on. Sometimes opening a business [which is risky] can work if you aim at a certain group and you know your audience. Do the investigating.

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