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Location: Singapore

A veterinary surgeon at www.toapayohvets.com and founder of a licensed housing agency for expatriate rentals and sales at www.asiahomes.com

Wednesday, May 31, 2006

313. A medical equipment karang guni man?

Toilet Training Your First Puppy in Singapore

Is it an opportunity or a waste of time? Being a "karang guni" man for medical equipment unwanted or written off by hospitals? A "karnag guni" man buys or collects all unwanted goods and sell them to others at a profit, hopefully.

You need a big storage space. You need buyers from developing countries overseas. You need money to pay rentals and transport. Is this business viable? Singapore's rentals and cost of living is very high.

The Singapore government departments always think of how to increase revenue through taxation and licensing. Like the Ministry of Manpower's yearly licensing requirments for autoclave safety. So, all autoclaves with no safety valves but working have to be thrown away. Licensing of hawkers, groomers and any trade the bureaucrats can think of. There are so many possible sources of revenues.

So, is the medical equipment karang guni man's business profitable? Hard to say. I don't think so if the person has too many other services to provide. To succeed, one must focus on the activity or has money and time to do it. A one-man-operator with connections but no time to organise the inventory would not succeed because rentals in Singapore are very high.

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