For this new year, I have planned to invest and I just had it started. Other than the several coin banks that we have at home I just added some amounts to my share capital in the cooperative. I have also started to venture in some small businesses for profit. Apart from it, I am also planning to open a bank account for my son so his money will be secured and steady. I just hope that this will all materialize and prosper accordingly.
Contrary to my performance at work I have gained a lot of unexpected compliments when it comes to cooking. They say that I have this talent of sufficing their hunger with real satisfaction of their taste buds. With that I am trying to consider the idea. Maybe it is indeed a good fallback if ever I decide to resign from work. What will be my regular menu? Will it be for breakfast, lunch or snacks? I will try to think about it first. I love to cook and it is important to enjoy things and earn from it. Any business name suggestions? =)
My recently established tiny business did push me to make some research about the product that I am selling and it is the Sterling Silver. According to the Wikipedia:
Sterling silver is an alloy of silver containing 92.5% by mass of silver and 7.5% by mass of other metals, usually copper. The sterling silver standard has a minimum millesimal fineness of 925.
Fine silver is 99.9% pure and is generally too soft for producing functional objects; therefore, the silver is usually alloyed with copper to give it strength while preserving the ductility and beauty of the precious metal. Other metals can replace the copper, usually with the intent to improve various properties of the basic sterling alloy such as reducing casting porosity, eliminating fire scale, and increasing resistance to tarnish. These replacement metals include germanium, zinc and platinum, as well as a variety of other additives, including silicon and boron. A number of alloys, such as Argentium sterling silver, have appeared in recent years, formulated to lessen fire scale or to inhibit tarnish, and this has sparked heavy competition among the various manufacturers, who are rushing to make claims of having the best formulation. However, no one alloy has emerged to replace copper as the industry standard, and alloy development is a very active area.
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I guess I have mentioned in one of my posts about my friend who has just opened a laundry and merchandising business in one just within the vicinity of our residential place.
Opening a business is not just a simple task to begin with. Aside from the financial investments you really have to work on establishing each in every needs for your business to start growing. Systems to record business transactions must be put in place as well, including those things like Honeywell Barcode Scanner and etc. Of course, it would take a lot of effort and patience before you realize earnings.
Yesterday, April 22, 2012 marks the day of the grand opening of Lavanya Commercial Center. It is located afront Lavanya Subdivision where we currently reside.But the most notable thing about the opening is the introduction of my friend’s (an office mate of mine) business which will be named either Laundy Cruiser or Laundry City. By the name itself, it will be a laundry business where you can hand over your clothing but there will be some general merchandise along with it. I am sure it will be offered at an affordable price. Just sit back and relax while waiting for somebody to do the laundry for you. Will let you know more of its introductory offerings soon.