Showing posts with label how to open a business in kuwait. Show all posts
Showing posts with label how to open a business in kuwait. Show all posts

Tuesday, January 31, 2023

Opening my small Shop with less than 500KD budget!!!! challenge Accepted!!

Opening a business in Kuwait is really stressful and expensive, you have to be mentally, physically and most specially financially prepared,  though, I honestly not well prepared to start but I just felt that, I have to start somewhere, My budget is really tight as I have no partner/s to share the burdens, so I have to make things work to my advantage with a very limited resources and connections.

Having said that, Not everyone can start a legal business in Kuwait, but anyone can be an entrepreneur, it’s my dream one day to own a company and create a name for myself, such dream is almost impossible to achieve especially with my expat status in a country where everything is complicated,

It took me years to finally open my small gift shop , and Oh my GAWD!! the amount of stress and difficulties is almost unbearable!!  I thought, that getting the business license approved is all there is to do but that is just the beginning there’s more to it, the manpower license, signatory documents, bank opening, Kuwait chamber of commerce and the list goes on and on, every move needs money 😕😕(lots of it!!) and personally working into all these task makes me realized how hard it is to be MANDOOP, it's tough!! lots of paperworks, running, talking and rejections,  it's crazzzyyyyyy!!! kudos to our all the good mandoops out there!!!

So moving forward,  In many challenges I've came across to have this business up and running, it is the shop interiors, POS system and related things that boost so much of my creativity, Imagine!!, having less than 500KD for shop interiors, decorations and POS system, I need a miracle to pull things together in 7 days,  and glad I made it!!  

so I'm sharing the journey, the how's of opening my physical shop with less than 500KD budget on the interiors and the POS system,  




Well, It's not too fancy nor extravagant design just presentable enough to welcome the customers on the initial opening, I'm sure in months to come I will upgrade and do more beautification, but for now, I'm more than happy with the way things are and I will always cherish the experience and how I made it thru!

Suppliers:

The GOLDEN LOCK - in Shuwaikh

Wood Panels, Wall deco, colored Ply wood, Partition steel, screw, nails, hanging hooks and metal shelving Metal panels

LUMBER Shop also on same location of Golden Lock,  back area 

Some items from Ikea and other department store ( Black shelves, Basket, Vinyl Containers, boxes)

POS system " LOYVERSE" 3kd per month ( FULL POS system with Inventory & Sales), Receipt Printer is 30KD + 3KD for 20rolls of receipts

Overall total is around 375 KD with Labors, completed in 7 days without Weekends


Mission Accomplished!!!!