Business Partner required - Romania/Bulgaria or Portugal

Member since 26 April 2019

sango_zxMember21 October 2019 10:31:45

Hi,

I am a Indian resident thinking to start a small food and beverage business in Europe.
Till now what i have researched, the cheapest option for me is either Romaina or Bulgaria. Both having good business potential in future and may be they would become part of Schengen zone soon.
Other option is Portugal because of its touristic value and low cost living.

I am looking for some native person to do partnership with me on this project. He/she do not need to invest ..i will do the investment.
I want that person to take care of the local legal formalities .. and help me in Initial stage of business. i will share 20% of the profit for this.

Thanks
Narinder

TominStuttgart Germany Expert

Member since 19 March 2012

TominStuttgartGermany Expert21 October 2019 11:32:10

2792

Curious that one proposes to start a business in Romania, Bulgaria or Portugal but has a profile saying they intend to move to Germany. And you say you are an Indian resident but are you an Indian citizen or what? Not every resident of India is a citizen. And of course this is an initial inquiry so not all the details are needed but more than what is posted.

I am not interested but if I were I would want to know what your experience in such a business is? Do you already run such a business and want to expand it - or this this something new? And honestly, providing all of the capital and knowhow and then only asking 20% of the profits, so 80% for the local person just to take care of paperwork sound too good to be true. I think one would need a lot more information and details to rule out a scam. And to start a business in a foreign country just because they are cheap is not a good reason. How should one do this without knowing the local tastes, rules, business environment etc. Sounds extremely naïve at best, even if it is not a scam.

Time is Flying Active member

Member since 01 September 2014

Time is FlyingActive member22 October 2019 18:37:09

Hello Sango,
It is interesting that you want to do business in Romania. Please let me know the details and i will give you feedback. Send me message on my inbox.
Thanks and Regards.

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kristiann Bulgaria Expert

Member since 28 March 2012

kristiannBulgaria Expert29 October 2019 12:59:34

794

It is not easy to reach the profit stage ... neither guaranteed. If you're focusing on food business, then better carefully select the place, so that you can get as many clients as possible.

I can help with some ideas for nice places in Bulgaria.