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What is minimum investment for small business in A

Printed From: Albufeira.com
Category: Living in Albufeira / Viver em Albufeira
Forum Name: Finding work in Albufeira / Trabalhar em Albufeira
Forum Description: Looking for a job... / Encontrar um Emprego em Albufeira...
URL: https://albufeira.com/forum/forum_posts.asp?TID=11156
Printed Date: 26/June/2022 at 11:33
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Topic: What is minimum investment for small business in A
Posted By: tahirnaqash
Subject: What is minimum investment for small business in A
Date Posted: 18/October/2019 at 11:26
Dear team, anyone know what is the mininum investment for a small business in algarve? Like a gents hair salon, or mini supermarket or any within minimum investment? Your opinion will be highly appreciated.



Replies:
Posted By: tahirnaqash
Date Posted: 18/October/2019 at 11:34
Which small business is best with mininum investment?


Posted By: peteknopp
Date Posted: 18/October/2019 at 12:16
you can rent a commercial unit from 500 euro a month but it would not be in a high footfall area. expect to pay 1000 a month for a small unit in a busier area. maybe 3 months up front and another 1500 security deposit against fittings etc. then you need to fit out the unit to your budget. get an a ccountant and then register the business with the council. all very easy to do as long as you have got a fiscal/tax number and are registered withe social security

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Posted By: Anthony Constantinou
Date Posted: 29/November/2019 at 08:23
Anthony Constantinou says "It’s hard to forecast how successful your venture will be and if you invest high money straight, you may not break even in the first year."



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