Wednesday, January 18, 2012

1/18/12

                This article talks about how Mr.Mahmoud wanted to start a pizza business. Mr.Mahmoud went to Italy to learn the art of making pizzas, but dreamed of opening his own shop. Mr.Mohmoud started a pizza business in Baghdad. He decorated his shop with things from Rome and an Italian flag with Arabic writing. Americans from the nearby compound came and bought pizzas, and was soon selling nearly 200 pizzas a day to the Americans. His profit rose up to more than $1000; this was a lot of money in Iraq. Soon terrorists blew up the US compound and his profit fell to only $160 in September. Sales picked up a little, but dropped again. When he went through the receipts he made $17 one day, $13 the next and $1 the next. When he was in danger he left and quit, then he came back and started selling them again. His family helped by doing different things in his restaurant. Another good business would be a grocery store, but I personally wouldn’t work there in the war because I would rather be safe than sorry. He decided to think of a place that there was little business and most likely no pizza, and succeeded when he decided to open a business.

                They have to go through many different stages before opening a business overseas. They have to talk to the U.S. department of commerce and they have to think about how different things will be before they jump to conclusions.They need to do their homework on the customs and rules they need to know before spreading their business. They also need to pick a location where there are people who would be attracted to what they’re selling, and they need to decide what business they are opening. They need to make a business plan also and find a representative who can help them with any questions they need to know; an expert preferably. They also need to find a bank and hire the right people for their blog. They need someone who is willing to work and will do a good job. It would also be good if the person has experience in the field. Lastly they need to take it slow, think through everything,  and make sure you have all the necessary documents. There is actually a McDonalds in Iraq. They seem to be quite successful too.

No comments:

Post a Comment