1. The success rate for any new small business is less than 20%.
2. The operating costs like rent and salaries are very high that would not allow you to make any surplus for you or the other partner. You will have to struggle to pay for the rentals and salaries.
3. The competition is again very high because the market is small and shops are more and more.
4. The sponsor should not charge any fee in the first six months.
5. Yes, you would be responsible for the failure and the business loss.
6. And lastly if you want a peace of mind, then better pick up a job that is far far better than starting a small business at present in Qatar. Save some money and invest in the shares on long term basis like vodafone.
1. The success rate for any new small business is less than 20%.
2. The operating costs like rent and salaries are very high that would not allow you to make any surplus for you or the other partner. You will have to struggle to pay for the rentals and salaries.
3. The competition is again very high because the market is small and shops are more and more.
4. The sponsor should not charge any fee in the first six months.
5. Yes, you would be responsible for the failure and the business loss.
6. And lastly if you want a peace of mind, then better pick up a job that is far far better than starting a small business at present in Qatar. Save some money and invest in the shares on long term basis like vodafone.