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Thread: Looking for a fixer upper but...
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03-08-12, 02:35 AM #21Re: Looking for a fixer upper but...
I can say that Bennington area in Vermont is pretty nice, its a smallish town and I'd argue more blue collar (though, in fairness, family up their is blue collar, so it could just be a case of being in those areas *shrug*) though it also has a couple schools nearby. The downside is you aren't close to any big towns, i believe the closest big town would be Albany. Adams isn't bad either.
Northern Arizona is nice, and has some seasons, but getting a large lot with trees is going to be a bitch (unless you count junipers as trees). While weather wise it has seasons, there isn't a lot of the "fall color" so to speak. Plus if you don't like the smell of dry pine needles, you'll hate summer.
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03-08-12, 02:34 PM #30
Re: Looking for a fixer upper but...
So many opportunities. Everything from Fast Food Franchises to Renewable Energy, construction, plastics industry, textiles, etc.
But I have a philosophy, passed down from my father...in these countries (third world, underdeveloped countries)...you should aim to sell to the poor. Why complicate yourself trying to sell to 5% (professionals with stable jobs, businessmen, rich families) of the population and having to fight for your share of that market when you can sell to 95% of the population (poor people). The largest companies down here are SABMiller which owns the one and only Honduran brewery, Tabacalera Hondurena (British American Tobacco) along with a couple of telecommunications companies (down here, even the maids want to have a cellphone and they make around $250 a month).
Companies that sell products included in the basic market basket are extremely huge too. It´s companies that sell in volume that really amass large amounts of wealth. In the food industry, there is one family down here that owns Pizza Hut, Church´s Chicken, KFC, Little Caesar´s, and Burger King. These restaurants all do extremely well. The rest of the companies do extremely well too (quiznos, popeyes, subway, fridays, chicago UNO, applebee´s).
So sacrifice profit margins but generate massive sales volume...that´s the way to go down here. Then you have those types of business opportunities like the one I posted up there, where you sell to foreigners that are looking for a place to retire in paradise.
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