Best Business for Dominicana

NALs · #1 11-14-2003, 05:41 PM

I was wondering which business of type of business would have a chance (however slim it might be) to become a huge success in the Dominican. The type of business could be anything from hotels, bars, sports bars, etc. to bordellos or brothels, distributors of merchandise, clothing stores, etc. I am just wondering which type of business would have a chance at success either along the Amber Coast (i.e. Puerto Plata area) and/or Santo Domingo, and why? Thank You in advance to all of you that do try to answer my question.

Fulano · #2 11-14-2003, 09:34 PM

The company that I work for owns quite a few of them. They make good money even in slow times. Downside: need a lot of money to buy one.

Tony C · #3 11-15-2003, 12:02 AM

Quote:

Originally posted by Nal0whs
I was wondering which business of type of business would have a chance (however slim it might be) to become a huge success in the Dominican.

The Dominican what? A Dominican Monastery? Here in Miami I live a few blocks from the Dominican Retreat House.

If you mean the Dominican REPUBLIC then I have a few suggestions for sure fire businesses.

Open a Church or a Brothel. Both are sure money makers by screwing the clientel!

Chirimoya · #4 11-15-2003, 07:22 AM

Selling back-up generators and inverters, especially at the moment.

Chiri

Hillbilly · #5 11-15-2003, 10:52 AM

All are good businesses

For years i have dreamed of starting a full service retirement home or facility. For wealthy Dominicans or whoever can pay for the luxury. there is no such facility here, and the demand is great.
the very wealthy have no place to have their parents (Who are living longer than ever before) retire with dignity and real comfort, and above all, security....
Figure that there are a few hundred multi, multi millionaire families in Santo Domingo alone.....

think on that...

HB

Robert · #6 11-15-2003, 11:23 AM

Often wonderd that myself HB.
Especially with the ageing population.

BushBaby · #7 11-15-2003, 12:01 PM

Not surprised you are thinkinh along those lines Robert - you are so much OLDER than the rest of us!!! Not necessarily more grown up ..... just OLDER!!!

This idea is presently under consideration & going forward to planning stage here in Puerto Plata. Anyone with about US $1 Mill to invest could drop me a line & we could talk returns that might be available. Either that or we could reserve a bed or two for you for when it is actually built & functional.

We'll save the little room at the back for you Robert - Alberto is insistent upon looking after you for some reason!! - Grahame.

suarezn · #8 11-15-2003, 12:06 PM

HB: The downside to that idea is that Dominicans are naturally inclined to NOT want to put their parents in a home. It's seen as uncaring and against dominican family values. The other thing is that since labor is so cheap it is a lot easier and cheaper to pay for someone to personally take care of their elder at their own homes. For instance I paid a lady to care for my grandma fulltime at her house. I would have never put her in a retirement home. Of course the very wealthy may think different...You never know untill you try it.

NALs · #9 11-15-2003, 02:07 PM

Thats an interesting idea, a home for the elderly. The way to make dominicans feel "safer" sending their elderly parents to a home is if the retirement home company offers an incentive. Maybe, bring your parents for 15 days and if they (the parents and sons/daughters) are not completely satisfied, a partial refund will be given. The key to success in such business with such incentive is to make the customer as happy and comfortable as possible. It might be easier said than done, but "doable". About the church or brothel thing. I am all for a brothel. My philosophy is that Capitalism offers everything and the people chose if its moral or not WITH THEIR MONEY. A brothel will do very well, especially if you "import" beauty queens/kings (business is more profitable if targeted to men, women, gays, and lesbians too) from around the globe, to give some variation. Add to that a very nice locale and a "dirty" gift shop to be opened nationwide, some advertisement abroad, and breaking a deal with some hotels to accomodate your foreign customers with "extra care" and bang, the money downpour will start to fall!!! Like I said, personally I think brothels are very inmoral, but then again, I don't believe that other people should be restricted from patronizing such business based on MY BELIEFS. Now, about that church thing, that is a bit too much. I could create some serious hatred towards you by the local dominicans. I also wonder how well would Helados Bon or Pollo Rey would do on an international level. Imagine, every major city and country sprinkled with Helados Bon joints. I think there is alot of potential not being maximized or realized by dominicans poor or rich.

Robert · #10 11-15-2003, 03:18 PM

For a company like Helados Bon to break into a market like the USA requires massive amounts of investment.

Plus you also have to deal with the restrictive and protectionism practices of the US. Milk quoters?

I think you will find that they have tried to break into a natural market like New York with limited success.

It's just not that easy...