Business opportunities for JIL

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Kanchan Khisa

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Jun 9, 2015, 11:28:13 AM6/9/15
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Dear all,

I got an information that My One Electronics is looking for local investors in Rnagamati. The  required investmeent is 20 lac taka and return rate will be 5%  of sales.

I don't know much about this company much. If we want to expand our business, this might be an opportunity for JIL.

Please share your views and opinions on this.

Regards
Kanchan

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Sugata Talukder

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Jun 10, 2015, 7:59:52 AM6/10/15
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Kanchan Bhai,

Thanks for sharing the information. Given the current status of existing businesses, I do not think it will be a wise idea to go for expansion of new businesses. In my view, there is still ample scope of increasing inventories for our Joom Super Shop given the fact that we have still lots of empty spaces available at the shop. So we should give more focus/attention to Joom Super shop. Needless to say that profit margin is comparatively also higher than other businesses. I would prefer to raise some fund from shareholders for this purpose if all agree and procure more items and also procure large in quantities. In this way, we can attract more customers and definitely we can anticipate more profits out of it.

Best regards,

Sugata    

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Mr. Sugata Talukder I The World Bank I Dhaka, Bangladesh
 
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