Is there any type of business can survive in Ireland?

Grimreaper666 · 04-04-2010 01:04PM #1

With my own business on the verge of collapse due to no customers i'm wondering is there any type of business still viable in the current climate? Is there anything that people will still buy even when times are so bad? Preferably legal ones.......

alwaysadub · 04-04-2010 01:06PM

Grimreaper666 wrote: »

With my own business on the verge of collapse due to no customers i'm wondering is there any type of business still viable in the current climate? Is there anything that people will still buy even when times are so bad? Preferably legal ones.......

Debt collecting.
You'd be snowed under with work

Biggins · 04-04-2010 01:06PM

Funeral business. Always looks a dying trade but always survives.

orourkeda · 04-04-2010 01:10PM

Prostitution, drug dealing, gambling and selling drink.

EdgarAllenPoo · 04-04-2010 01:15PM

Debt collection, repo business, selling "closing down" signs and my own personal enterprise as a tumbleweed salesman....y'all laughed at me, y'all laughed at me, well who's laughin now:)

Tigger · 04-04-2010 01:15PM

Really sorry tohear your struggling op
what is your business

loobylou · 04-04-2010 01:16PM

Head shops...

OutlawPete · 04-04-2010 01:17PM

I have a great business idea but just need the capital to launch it.

Any millionaires online?

silvervixen84 · 04-04-2010 01:19PM

Banks

Grimreaper666 · 04-04-2010 01:19PM

I have to do something, being self-employed I get no dole so I have to set up something else. Undertaking will take to long to establish, i'd have no problems doing it though, debt collecting? l really don't want the aggro attached with it and want to stay legal if possible! I'll consider anything though, i'm not afraid of hard work, I just want to make a profit for a change with minimum overheads, thanks for the ideas, keep them coming.....

ejmaztec · 04-04-2010 01:20PM

loobylou wrote: »

Head shops...

... and selling fire-extinguishers is also a good business.

Grimreaper666 · 04-04-2010 01:20PM

Tigger wrote: »

Really sorry tohear your struggling op
what is your business

Retail, big mistake............:(

Biggins · 04-04-2010 01:21PM

OP, in all seriousness, the usual four business principles of Price - Product - Place - Promotion - if done right usually means some sort of survival but the way things are from an economic and governmental point in this country today, even if you get those right - your still up against it.

One of the first businesses I started up buried me alone in a HUGE mountain of government paperwork, endless paper-chasing, form filling for agencies, insurers, medial formalities and public liability issues. All that paper work alone had to be criss-crossing all the time and alone, was a nightmare.
...and thats just one aspect to starting a business, never mind running a business.

Sorry to hear your up against it. I sure can understand why.

phasers · 04-04-2010 01:24PM

Casinos seem to be doing alright, the ones I go to are aways full anyway

Grimreaper666 · 04-04-2010 01:25PM

If people were spending i'd be ok but it's the overheads, VAT, rent, rates, insurance, shoplifting, paperwork, health and safety, etc. etc. it's just a disaster now with no income.:(

Mint Sauce · 04-04-2010 01:27PM

orourkeda wrote: »

Prostitution, drug dealing, gambling and selling drink.

not since the head shops came in

Cherrycola · 04-04-2010 01:30PM

Can you switch to online trading? That would cut a lot of your overheads.

Atlantic Dawn · 04-04-2010 01:31PM

The film business is something that I think should be invested in, also the government should give massive tax breaks for it, along the lines of the deal done with Shell for the Corris Gas should be more than enough.

ejmaztec · 04-04-2010 01:38PM

I think that a person has to be involved in more than one business to survive here, especially out in the sticks. This was obviously sussed out years ago with the basic package of the pub-shop-funeral business.

silvervixen84 · 04-04-2010 01:40PM

I think diversification is the key at the moment. I know a small scale property developer who now concentrates on cavity insulation, and hopefully he'll weather the storm for a few years doing that.

Biggins · 04-04-2010 01:40PM

You might also consider partly going the Ebay (or similar services) route also to help draw in a few exta earnings.

weldoninhio · 04-04-2010 01:40PM

What about reverse retail?? I had the idea of a pawn shop, kinda like Cash Converters, buy things for a reduced price and sell them on at a higher price. Give them 15/30 days to get it back at the price you paid for it or you can sell it on.

smellslikeshoes · 04-04-2010 01:52PM

irish-stew wrote: »

not since the head shops came in

That's constantly being overstated. Drug dealing is still as big here as it was before all of this headshop panic.

silvervixen84 · 04-04-2010 01:53PM

There are lots of those gold exchange places popping up if you wanted to get in on that market?

galwayrush · 04-04-2010 01:55PM

Forget self employment, along with all the paperwork, red tape, there are many weeks when i can't even draw a cent in wages.

SugarHigh · 04-04-2010 01:55PM

silvervixen84 wrote: »

I think diversification is the key at the moment. I know a small scale property developer who now concentrates on cavity insulation, and hopefully he'll weather the storm for a few years doing that.

That's specialization which is the complete opposite of diversification.:D

ejmaztec · 04-04-2010 02:05PM

weldoninhio wrote: »

What about reverse retail?? I had the idea of a pawn shop, kinda like Cash Converters, buy things for a reduced price and sell them on at a higher price. Give them 15/30 days to get it back at the price you paid for it or you can sell it on.

You'd probably end up inside for "fencing" stolen goods. The upside would be that you wouldn't have many overheads in prison, but there would be the downside of becoming someone's bitch.

pikachucheeks · 04-04-2010 02:19PM

Fast food shops or take-aways.

People 'treat' themselves to smaller things like fast food these days instead of the celtic tiger cars, big TVs etc.

ejmaztec · 04-04-2010 02:39PM

pikachucheeks wrote: »

Fast food shops or take-aways.

People 'treat' themselves to smaller things like fast food these days instead of the celtic tiger cars, big TVs etc.

It would cost a mint to equip and fit the place out, and then you'd get creamed for rent and everything else:(

Teferi · 04-04-2010 02:47PM

The offo I work in has really turned around in the last month and a half, we're nearly back to what we were selling before this whole recession thing.

I don't have any advice, I just came here to brag.

minidazzler · 04-04-2010 02:47PM

A Barbers, people will always need their hair cut, especially going for interviews.

At €10 for a dry cut you can't go wrong. It takes 15 minutes for a quick non-fancy haircut.

My own barber is never wanting for business. Only once in the last year have I gone in and not had to wait a little while.

Is there any type of business can survive in Ireland?

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