Any business needs feasibility and viability studies before the actual start up. It seems that some businessmen have forgotten about this traditional procedure. I am posting this because a friend just lost money in his new business. It is a resort that has a huge capital. I am relating this to the logistics industry which also requires a good deal of capital. Check the market and the prevailing and potential competition. Gather data and have the numbers to show you the viability of the business even before you register your business.