I am in Wuhan, which is a big city in mainland China. When doing business in Wuhan, there are many industries with an annual income of 300,000 yuan, but it is also possible to lose more!

For example: if you set up a stall on Han Street, it is no problem to have a turnover of 1,500 to 2,000 from noon to evening, at the entrance of Lotte City, Optics Valley Pedestrian Street, etc.; and in Hanzheng Street, let alone The annual income is 300,000, 3 million to 30 million is possible, of course, it is also possible to be that much negative.

Judging from the current national economy, I am more optimistic about small restaurants. It can be predicted that in the next three years, many large restaurants across the country will close down, while the business of noodle restaurants and steamed bun shops will be very prosperous. I have a buddy who does opening celebrations. Based on the data he obtained on customer openings, in 2018, a lot of small business owners couldn’t survive after opening for three months. They didn’t even need to pay for the installation fee, and someone was willing to give them the rest. The rent and deposit are transferred to the store. From this aspect, you can predict the direction of the market economy.

If you want to do business, how much money you make will ultimately depend on your personal abilities, network resources, and economic resources. Don't ask me why I know so much. I have been losing money for 8 consecutive years and have tried many industries. I can't give you successful experience guidance at the moment, but I can tell you which industries have pitfalls and what aspects you need to pay attention to.

I am from Chengdu and have been doing braised vegetables business. I just came to Wuhan at the end of 2018 to develop.

For your annual net profit target of 300,000 yuan, let’s break it down and look at it. 300,000 a year is 25,000 a month, and if you continue to decompose it, it will be a net profit of about 900 a day. The net profit is calculated at about 40%, which means that the sales volume on that day is close to about 2,500 (the more sold, the higher the net profit). The average order is determined to be around 20-50, and the middle value is 35 yuan. Then you can easily sell 60-80 orders in a day.

Of course, these are theoretical data. The quality of business is related to many aspects, such as product taste, product positioning (leisure or dining table), traffic volume, crowd classification, consumption level, management Patterns, luck, etc. Everything is easy to achieve as long as you calm down and analyze and choose the position.

By the way, the old store I first opened was only 15 square meters. With three employees, the sales reached a record of more than 1.3 million yuan in one year, and the net profit reached about 50%.

ps: They are all video screenshots and the quality is a bit poor