Tips for doing business during the Christmas campaign
Posted: Tue Jan 07, 2025 4:52 am
If you plan to start a business at the end of the year, it is not advisable to apply for a loan because the interest you will pay could leave you without profits.
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The end of the year is not only synonymous with family togetherness and celebration. It is also the time when households consume more because they have more income. Therefore, it is a good opportunity to do business.
According to the head of Business Initiative at the University of Applied Sciences (UPC), Percy AugustÃn De Loayza, the average return on the Christmas campaign reaches 50%.
This result can be achieved both in japan number screening Lima and in the main cities: Trujillo, Arequipa, Piura, Chiclayo and Ica, among others, where more demanding users have emerged.
But what should you invest in? The Services and Trade sectors offer the most alternatives for entrepreneurship. "People are spending more on food, basic necessities and technology," says the specialist.
TIME TO PLAN October and November are the ideal months to organize a micro or small business that will be developed during December, says AugustÃn De Loayza.
You have to clearly define the need to be satisfied, investigate how much consumers are willing to pay and take advantage of technology to promote at low cost through social networks.
How do I finance myself? The UPC professor advises against going to a financial institution for a business venture of this type, as they charge an Annual Effective Cost Interest Rate (AER) of between 30% and 40%.
"If the profits achieved are similar, there will be little or nothing left. Generally, the entrepreneur does not realize it, but the money is melting away," warns the expert.
Image
The end of the year is not only synonymous with family togetherness and celebration. It is also the time when households consume more because they have more income. Therefore, it is a good opportunity to do business.
According to the head of Business Initiative at the University of Applied Sciences (UPC), Percy AugustÃn De Loayza, the average return on the Christmas campaign reaches 50%.
This result can be achieved both in japan number screening Lima and in the main cities: Trujillo, Arequipa, Piura, Chiclayo and Ica, among others, where more demanding users have emerged.
But what should you invest in? The Services and Trade sectors offer the most alternatives for entrepreneurship. "People are spending more on food, basic necessities and technology," says the specialist.
TIME TO PLAN October and November are the ideal months to organize a micro or small business that will be developed during December, says AugustÃn De Loayza.
You have to clearly define the need to be satisfied, investigate how much consumers are willing to pay and take advantage of technology to promote at low cost through social networks.
How do I finance myself? The UPC professor advises against going to a financial institution for a business venture of this type, as they charge an Annual Effective Cost Interest Rate (AER) of between 30% and 40%.
"If the profits achieved are similar, there will be little or nothing left. Generally, the entrepreneur does not realize it, but the money is melting away," warns the expert.