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About Exchanging Rates

Posted by Ari Gustian Abdi
6
Oct 5, 2007
64 Views
I want to share about exchanging rate. Recently I started a business that requires us to spent at most AU$ 1750. In our rate it's quite amount of rate, it's equal to 5 months salary for someone who has a good job in white collar's level. But the amazing things is that this business is really booming in my place. I don't know what's going on but it seems that everybody here want to make a better life. And this business has proven that could change our life in quite instant compare to any other business. The corelations with the exchange rate is I believe that in some other place maybe AU$ 1750 is just small amount of money. If AU$ 1750 could make at least AU$ 3000 in about 1,5 months would it be a worth thing to take? Please do share with me your opinion. It would be useful to make a consideration to develop our business.
Comments (2)
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Ari Gustian Abdi
6

Logo And Tees Designer

Good analysis Eric, thank you for your kind comment. It will help me to develop my business.

Oct 5, 2007
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Eric Smith
7

Online Professional

With Todays exchange rate...

AU$1 is about US$0.90... (So it's pretty close to dollar for dollar)

Its hard to answer your question without knowing what your business is...

- An established Bricks and Mortar Business could cost $1,000,000 or more

- A typical Franchise business (lets say a lawn mowing franchise) could cost around $20,000 to $50,000

- A typical Network Marketing Business could cost from $50 to around $500 to start up (Plus product and marketing materials)


You

Oct 5, 2007
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