Your Questions About How To Do Business Online In India

Lisa asks…

How to open an ingredient reselling business to food manufacturers? Anyone with tips 4 such home based busines?

I am working in food industry for over a decade and now ready for a business where i can buy food ingredients at wholesale and resell to manufacturers with a small markup. I want to start as a homebased business until business turns a good profit. Can someone give any tips on this? Thank you,

Jere answers:

As you have spend enormous time, about a decade working in Food industry. So it’s really great for you to start your own business. The only thing which i am feeling after reading your question that you want some resources from where you can buy food products on wholesale and what type of setup is required for first time business execution.

Here are some great online resources from India’s largest B2B marketplace where you can find the food products which you want to buy for your reselling business. The advantage of these online marketplace is that you can find wholesalers for your desired products nearby your local region. If not so, then you have been provided with customized search options to search your desires. Here are the links:
http://trade.indiamart.com/offer/agro-farm/
http://trade.indiamart.com/offer/agro-farm/bakery-confectionery-products/

Now about the business setup: The setup requires some basic infrustructure to start with. Here is the list.
1) The physical market place where you can store products for reselling.
2) Potential clients list who are interested in the product category in which you are doing business
3) Easy transportation mediums

Laura asks…

Can anyone suggest me to do good online part time business in india?

I am comfortable in internet. I would like to encash it as my income is normal. I heard abt google online business & etc……… Still i am not sure on this. Can anyone guide me to choose the right online work which will pay me a good amount?

Jere answers:

Yes. It is very important to earn an additional income from the internet opportunities, as our regular salary will stop one day, but this internet income is one time effort and just little time is required to fine tune, income flows non-stop at regular intervals after few weeks.

You may try the following sites for genuine internet opportunities, but you need to put in some efforts.

Http://www.internetworksforus.com
http://downloadsonline.org/s/c07ac7

Never waste you time in paid to surf, paid to click, paid to read emails, high paying data entry jobs. Select only FREE programs and earn with your effort.

Nancy asks…

What is the scope of starting Garments Export business in India?

Actually we have established shop in Lucknow. But now i want to expand it. Can i do online trading? or start export ?

Jere answers:

Nowadays in india the garment exports are still success and getting of many orders from abroad.The different companies are exporting tones of materials to abroad.The online trading is fine and usually different parties are facing frauds.The exporting is only done by the demand letters and other correspondance letters once issued by the company,you can start exporting.
The main scope of garments export business signifies the high earnings and high returns.Nowadays because of financial crisis mostly all companies lose thier contracts and workslowdown.In a such situation we should struggle and attract the employers by offering different schems and it results good business.however in my point of view the businessman should be optimistic mind of carrying on every difficulties.

Thomas asks…

Is it legal to order medications online without a prescription?

Many people talk about ordering medication such as zoloft or ativan online. Does anyone know if this is safe? Does anyone use an online pharmacy?

Jere answers:

Its legal to order zoloft but not ativan

There are companies in the usa who follow rules and regulations that are there for pharmacy

type businesses online.

There is nothing wrong with moving schedule 3,4, and 5 drugs as long as you are doing it

with in the laws of the state you are prescribing and fufilling from.

It is the people whom import drugs illegal (From india, costa rica) and either just straight

drop ship overseas into the USA or ship in bulk into the usa and then break up the packages

and re-distribute them. THAT is illegal.

If you require medical records, doctor consultation over the phone, and follow all the

applicable laws of the state you are licensed in you can legaly move schedule 3,4, and 5
drugs.

Here are some relable ones
http://www.online-discount-pharmacy1.com or
http://www.generic-pills1.com

Richard asks…

is is safe to purchase mutual fund online ?

which one is better for purchasing mutual fund from brokers or online, please suggest me some good sites to purchase mutual fund online in india. What is demat account, for opening such account should i visit the bank ?

Jere answers:

It is normally more cost effective to buy your mutual funds directly through the mutual fund provider. This cuts out the additional commission. Purchasing online is safe as long as you are working with a well known, long standing recommended mutual fund firm. You also want to check management fees that are charged annually and try to keep them below 2 1/2%. Also make sure you look for no-load funds and that there are no back end fees. Check minimum amount needed to open account as well as time that account must be kept opened before closing, transferring or withdrawing the fund, to avoid penalty fees. Also since we are getting near the end of the year, check the funds ex-dividend date. This is the date upon which the fund will pay out all its dividends and capitol gains acquired throughout the year to all their shareholders. Buying after the ex-dividend date will allow you to purchase at a lower share price and avoid any tax consequences for 2010. India Mutual fund sites for you to check are: finance.indiamart.com/india_business_information/mutual_fund_companies.html
mutualfundsindia.com
business.mapsofindia.com/investment-industry/list-of-mf-firms-in-india.html

I admit to not being familiar with the workings of a demat account so I will have provided some websites to better address that issue of your question.

Http://en.wikipedia.org/wiki/Demat_account
demataccount.com

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