Where on earth to start? Another "starting a business" thread

AJ9 · 23-07-2012, 12:34 PM

I will try to keep this as simple as possible, as after trailing a few threads, I'm aware my question is likely repetitive. I have also talked to a few friends, but would like more input and clear direction on where I should go next.

I believe I am on the verge of developing a truly unique, innovative business concept would fit perfectly in HK. I expect to have a legit plan of action in place within the next year to bring this to fruition, although I am not particularly in a rush.

My question is quite simply: Where should I start? What information do I need to read and be aware of? What legislation do I need to review, etc.

Also, some clarity on my position to make everything more realistic is probably necessary, so here's my current situation;

-I am working on a sponsored visa and have been in HK 9 months to date. Obviously I am not a resident.
-I do not have a large amount of capital to be invested up front, although I may investigate and potentially have somebody who would be willing to back me should I absolutely need it (this is not my ideal scenario however).
-The idea is education based and I presume it would not take a large amount of capital to start-up.

Thank you sincerely for anyone who helps. Very much appreciated.

longc · 23-07-2012, 12:41 PM

Before you do anything else, research the local market....and I mean not talking to just a few friends....most of the time anyone's unique business concept is already well established here....