Anna Sudak

# Business with China

How to start trading goods from China

Almost every fifth thing in the world is produced in China.

Products from China are very popular. So why not make money from it? How? Our “Business with China” section contains answers to this and many other questions that arise for both beginners and experienced entrepreneurs who have decided to develop their business. But first things first.

How to open your own profitable business and receive a stable income?

Twelve ways to make money selling Chinese goods

  1. Finding a partner (intermediary) living in China and supplying you with products. Agree, having a person on site who can find what you need at any time and when you need it is much more convenient than doing it yourself. Just imagine: going to China, finding a product, buying it profitably (it’s not a given that you’ll succeed the first time), and then bringing it back... It’s expensive, irrational and ineffective. Especially if you are counting on a large turnover.
  2. Joint purchases (or dropshipping). This method is perfect for those who want to try themselves in this business with minimal investment by purchasing a small batch of goods. Today on the Internet it is easy to find people who will be happy to help you achieve your plans.
  3. Supplies of honey to the People's Republic of China. Today it is very profitable to supply honey to the Celestial Empire. Of course, like any other business activity, there are pros and cons. We recommend that you familiarize yourself with them first, and then decide whether this niche is suitable or not for you.
  4. Sales of Russian light industrial goods to China. It has been proven that the Chinese love Russian products. And this applies not only to nesting dolls. We will not touch energy and technical resources. Let's talk about light industry. In addition to honey, the following are in demand in the Celestial Empire: coffee, confectionery, cosmetics, cereals (wheat, flour), flax, mineral water, sunflower oil... Anyone can try to occupy a “convenient niche”. The main thing is to act.
  5. Become an agent. You can also earn money on orders from others by becoming a Chinese intermediary of TaoBao for Russians. To do this, you need to thoroughly know the sites, have contacts in China, and know the language (Chinese is ideal). By becoming an intermediary on TaoBao, you: help customers place an order, choose a size... In general, you guide the buyer in all the intricacies of cooperation with the store. You pass on the information to warehouse workers and receive your percentage of the purchase.
  6. Become a logistician. Most often, a logistician is a person who picks up goods, checks their quality, repackages and forwards them to customers. The work is technical, but not dusty.
  7. Opening your own store on Aliexpress. Since 2016, the procedure for opening your own store on this famous site has been simplified for residents of Russia. Now it is enough to conclude an agreement with Pickpoint - the Russian official partner of Aliexpress, which provides comprehensive support to new sellers from Russia, register on the platform and start trading. But before that, don’t be lazy and read the recommendations that will make your start even easier and more enjoyable. You will understand all the intricacies of the process, see the difficulties that you will have to face and learn how to eliminate them painlessly, quickly and effectively.
  8. Affiliate program for Aliexpress and other online stores in China. This method is suitable for those who want to start a business without investment. The earning scheme is simple. You register in the affiliate program, receive a referral link and post it on social networks, YouTube channel, blog, forums, groups. In general, wherever there is an opportunity. As soon as a person clicks on it and buys the recommended product, you receive a percentage of their purchase.
  9. Resale. Everything is simple here - you buy products cheaper, sell them more expensive. The scheme is old, but working. What products can you make money on? We found out and will be happy to tell you. .

    Sometimes the markup on Chinese goods in the Russian Federation reaches 200% or more.

  10. Wholesale purchase of goods without intermediaries. Now any businessman who wants to do business with China can freely purchase products in bulk, without overpaying to intermediaries. Of course, here, like everywhere else, there are pros and cons.
  11. Opening your own enterprise in China. No dancing with tambourines, but only real information about the opportunities presented by the Celestial Empire for Russian businessmen. Opening your own business in China is difficult, but more than possible. And the opening procedure is many times easier than, for example, in the EU. If you are passionate about the idea and are ready to give 100%, the road is open. China gives entrepreneurs the green light.
  12. Opening of our own production in China. This method is available to those who have serious capital and the intention to associate themselves with business for a long time.

The “Business with China” section was created to make your entry into business as comfortable as possible. In it we tried:

  • collect available earning methods for beginners and experienced entrepreneurs:
  • explain the complex processes and legal aspects of starting a business;
  • talk about the difficulties you will encounter at all stages of the development of your business;
  • show opportunities that open up new business horizons for you.

Did we manage to make the resource as useful as possible for you? We look forward to your feedback to help us become even better for you and your business. Write comments, ask questions. Your opinion, wishes and recommendations are priceless.

What business can you do in China?

It is no secret that the Chinese economy has continued to gain momentum in recent years. The production of various goods in this country is constantly growing. A large population means there is a large demand for various services. All this, together with the accessibility for our citizens to stay in this country, suggests the idea of ​​opening your own business in this country. Abundance of cheap labor. Availability of raw materials for any requests. An easy way to get to this state. All the conditions necessary for a successful start are there. You just need to decide on the type of business and clarify some working issues that you may encounter along the way.

Several promising areas for starting your own business in the Middle Kingdom.

1. One of the brightest and most popular solutions for Russian speakers in China is opening a small cafe or restaurant with Russian cuisine. The idea is simple, but no less profitable for that. These restaurants are very popular among local residents. Add to this the very large number of people who need to constantly eat, and the prospects of this area of ​​business activity immediately become visible.
2.Delivery and collection of containers. It is no secret that the share of goods supplied by China is constantly growing. That’s why logistics centers are always popular. The essence of the business is simple. Opening a small office that will deal with the packaging of goods before further shipment. There are many small manufacturers in China who produce small quantities of their products. But this does not prevent them from sending these goods abroad. However, it is clear that sending a half-empty container is unprofitable. It is at such moments that people turn to these companies. Here they select “fellow travelers” according to destinations and send cargo.
3. Refrigeration plants. This is indeed a very promising direction. A country with a population of about 2 billion. Everyone eats constantly. Add to this the export and import of food products. But all this needs to be stored somewhere. Small companies providing refrigerated warehouses for rent are wildly popular. Purchasing the necessary equipment in China is not a problem. Prices here are much cheaper. Renting a space is also easy. The main thing is to choose the location well. The ideal solution is to rent premises near major ports and railway stations.
4.Production of various types of goods. A capacious and non-specific proposal. But here everyone chooses to their liking. The sales market in this country has such maximum potential that you can choose almost any direction for production and will not be left without customers.
There are a lot of ideas for starting a business in China. Which method is right for you needs to be determined by the conditions. It is only worth noting that the procedure for registering business activities in China is a very long and labor-intensive process. A large number of different documents and certificates are required for the approval of dozens of authorities and officials. In general, it’s still a bureaucratic apparatus. Here we can note two ways to facilitate this process and save money and nerves.
1. The first thing that can help is a large number of companies involved in registering businesses. That is, you contact this company, pay it money and it itself collects all the papers. Unfortunately, such services are not cheap. But they make the process much easier. By the way, you can take this as the basis for your own business. The opening of such a company promises good dividends, and the cost is only in recruiting competent personnel who are well acquainted with local realities.
2. The second nuance that allows you to significantly save both in terms of time and money is a simple search for a partner. But not an easy partner, but a Chinese citizen. The presence of a citizen of this country among the founders will significantly reduce your problems in overcoming bureaucratic fences.

Method of entering the country to do business.

To visit the country with the aim of opening your own business and further running this business, you will need to apply for a business visa. This document is issued by the Chinese Embassy for a period of one year or six months. With this visa you can enter China up to three times for a period of stay in the country of up to 90 days inclusive. So, having received a document valid for six months, you actually get the opportunity to spend all these six months on the territory of the state.
List of documents required to provide when applying for a business visa.
1. Foreign passport. Please note that your passport must be valid for at least six months beyond the expected time of residence in China.
2. A full photocopy of all pages of the foreign passport.
3. A neatly and legibly filled out application form with a photograph. Plus two color photographs measuring 3 by 4.
4. A certified photocopy of the citizen’s passport.
5. Certificate of availability of medical insurance.
If you plan to work independently in this country, you will need to apply for a work visa. Only with it you will receive official permission to carry out the work yourself. In addition to the above documents, you will need to apply for such a visa.
1. A certified copy of your education diploma.
2. A copy of the work record book. A resume compiled in two languages: English and Chinese.
3. Conclusion of the medical commission on suitability for work.

So, is it worth it or not to aspire to this country to open your own business?

This question remains different for everyone. In principle, opening a company in China is a very real task that can bring profit. But it is worth remembering the huge number of bureaucratic delays. So, on your own, you will spend about a year registering an enterprise and obtaining all permits. The same thing, but using the company’s services for registering businesses will take about six months. It’s half the time, but you’ll have to spend about 10 thousand dollars on this service.
But believe me, if you can overcome all these barriers, a truly promising and huge sales market will open up for you. Good luck to you.

Work in China for Russians, vacancies 2019 without knowledge of the language - is it realistic? A review about working in China, about job search and salary for a foreigner in China was written by Pavel Andreevsky. This traveler traveled all over China. 🙂

The comments to the article contain a large number of job vacancies in China for Russians without knowledge of the language and a resume. You can also leave a short resume about your job search in China. Comments are published after being checked for spam.

The Chinese work very hard. Many people work 12-14 hours a day. Their annual working holidays are approximately 10-12 working days, i.e. It doesn’t always take even two weeks. But pensions, as I understand it, are not provided. Well, it should be noted that they are not the most efficient and productive workers in China.

Therefore, they do not travel much and plan their vacation carefully. Now I understand why Chinese tourists come to some places in Europe, take pictures with their brand new Canons, then quickly get on the bus and leave. With such a long vacation there is no time left for anything.

Is it easy to earn $1500 in China?

Many friends, when they find out how much time I travel, are sincerely surprised and ask who gave me such a long vacation??? But even the Chinese cannot compare with the Japanese in their hard work. They generally work their whole lives for one company and only allow themselves to rest in retirement.

Review of China: work in China for Russians, vacancies 2019 without knowledge of the language

I think China is a unique place for foreigners. Usually, being a foreigner in a foreign country means dragging out a not-so-good existence. And if you don’t even know the language, then it’s a lost cause. But not in China.

But working in China is quite possible for Russians without knowledge of the language. Here I “laova,” i.e. The “white man” lives and works very comfortably. And the point is not that the Chinese love foreigners, but also how easy it is to find a job here. The simplest option is work in China as an English teacher. If you have European appearance, it will be easy for you to find a job. In just 20 hours a week you can earn $1,500 and live happily in one of the largest cities in China.

So, how much will you earn if you get a job as an English teacher in China? The minimum is 100 yuan per hour. Now it is equal to 1000 rubles. That's how much they'll pay a laowai with no work experience. If you are at a higher level, you can receive 150-250 yuan per hour (1500-2500 rubles).

Russian language teachers are also needed here. The Chinese everywhere study Russian, just like we do Chinese. And again, your European appearance will help you with this. For the Chinese it is a symbol of success. Salaries are the same as for English teachers.

Therefore, many are interested in working in China for Russians, vacancies 2019. Many come here just to earn a little money, but in such comfortable conditions they forget about everything and stay to live much longer than planned. A little later I’ll tell you separately about people of creative professions working in China.

Average salary in China

In China, the average salary is 5,000 yuan (50,000 rubles). For these days you can live here quietly and rent a separate small apartment. Sellers in supermarkets receive 2,500 yuan (25,000 rubles), engineers 7,500 yuan (75,000 rubles), teachers at the university 5,000 yuan (50,000 rubles). General workers receive 2000-3000 yuan (20,000-30,000 rubles).

A good salary in China is 10,000 yuan, which is approximately equal to 100,000 rubles. Therefore, laowai who can earn 15,000 yuan (150,000 rubles) live well and also save money for what they need.

How to quickly find a job in China

A few words about how to quickly find work in China for Russians without knowledge of the language. Of course, through social networks. Subscribe to the public page on the social network and receive a dozen job offers as a teacher every day. Working as models is very popular, go-go dancers, singers, gymnasts, musicians, DJs and other talents are in great demand here. Moreover, everywhere there are burning opportunities marked “urgent”. Hundreds of intermediary agents offer work in China for Russians and visiting foreigners with and without experience.

I noticed that a huge number of Russians, Ukrainians and, probably, Belarusians write to these public pages and offer their services. Every few hours, someone is looking for European or Slavic girls with good looks at a newly opened club with a note that they will have to drink with the clients. And as for go-go, it's a hit - with so many job openings for go-go dancers, it feels like China is preparing its foreign legion of go-go dancers to take over the world.

For me, “go-go” is depicted in the picture and this is the prayer that the Chinese says so that his moped in the picture does not suddenly stall. 🙂

A little more about the Chinese themselves

The modern world has changed the Chinese. Many of my friends and acquaintances who have worked here for a long time say that the traditions of the Chinese are increasingly fading into the background, and "cult of money" for the first. Everyone loves money, but only the Chinese talk about it openly.

Chinese girls and their parents have very high requirements for choosing a groom. For some time, a story was promoted about how a girl left her lover for his friend, who had a newer iPhone model. So arranged marriages are very common here.

At the same time, the moral norms themselves are somehow increasingly disappearing. Married men can freely come to the club, buy themselves a couple of pretty Slavic women who will drink and have fun with him. And some Chinese drink worse than Russians and at the same time try to get their interlocutors as drunk as possible.

In general, if you need work in China for Russians, vacancies 2019, then only the lazy will not find something to do here. Don’t limit yourself to just one resume, because they won’t immediately start offering you work in China for Russians, actively look for vacancies and respond to them yourself.

Registering your business in China is quite possible. However, you can’t count on a quick solution to this issue. As a rule, registering a company in China takes about a year. Due to the fact that the Chinese government is highly bureaucratic, most companies turn to intermediaries, which significantly speeds up the procedure for registering a company. On average, intermediary firms charge about $5,000-6,000 for registering your company in China. Plus, you'll need to pay about $2,000 more for various taxes and fees. It is also worth noting that it will be cheaper to open a company in Hong Kong than, for example, in Shanghai or Beijing.

Also, the disadvantages of registering a company in China include too large an initial authorized capital. For example, to open a trading company, the future owner will have to shell out about $140,000. At the time of registration, 20% of this amount and the remaining 80% within 2 years from the date of registration.

How to open a business in China - company registration procedure

So, the algorithm for submitting documents to the Chinese authorities to register a company looks like this:

  1. Write an application and prepare the entire package of documents to the competent authority;
  2. Approve the package of documents;
  3. Register your company with the Administrative Bureau of Commerce and Industry of China;
  4. Open an account in any bank in China;
  5. Submit documents for verification to the China Foreign Exchange Control Administration;
  6. Submit documents to the tax office and receive the code of your new company;
  7. Order a seal for the company;
  8. Obtain permission to hire foreign and Chinese workers.

Depending on the type of your activity, documents must be submitted to different government departments. For example, if you are opening a financial or insurance company, then documents must be submitted to the People's Bank of China. If it is a transport or trading company, then to the Ministry of Foreign Trade. If it is a company that specializes in shipping, then to the Ministry of Communications of China, and if you are registering an airline, then you will need to submit documents to the Civil Aviation Administration. During the submission of documents, a Chinese civil servant will be assigned to you, who will monitor and control the correctness of the submission of documents to all relevant authorities.

The following package of documents must be submitted with the application to open a company in China:

  1. Bank statement about the account status of your company;
  2. A copy of a passport or other document that confirms the identity of the company founder;
  3. 5 photographs, usually 6x6;
  4. A document signed by the founder of the company, which confirms the appointment of a director;
  5. A rental agreement for the premises, and documents from the landlord stating that he is the legal owner of the office and has a license for financial activities in the PRC.

If you plan to open a branch of a foreign company in China, then you may need to submit additional documents:

  1. Application for registration of a foreign company in China;
  2. Statement on the availability of funds in the bank of the parent company;
  3. All information about the company’s employees who will work in China;
  4. All contracts and agreements that the parent company has concluded with all Chinese enterprises.

Despite the fact that opening your own business in China is a rather bureaucratic procedure, it is still quite profitable. Cheap labor resources and high demand for products, with proper financial activity, will allow the company to become profitable in the shortest possible time. And in order to open a company in China, only with foreign capital, you will need only one founder, who can also serve as a director. And remember, a well-thought-out choice of a Chinese city and type of activity will not only save you money, but will also significantly speed up the registration process.

Hello, dear readers! Anatomy of Business simply had to pay attention to such a popular question today - what business ideas exist from China? This magnificent country has long been ahead in its economic development of the G7 giants and most of the leading countries of the world. Today the Chinese are real magicians. They are able to produce goods for any consumer.

It’s no secret that almost all the world’s brands now produce in China, because that’s where it’s cheapest to do it. Therefore, “made in China” is not always a bad quality. The same brand of car can be produced in China for different markets. Only for the cheaper segment its price will be 10 thousand USD, and for the expensive segment – ​​30 thousand USD. Accordingly, the quality and characteristics will be different. There are no restrictions for the Chinese, they will do anything. The only question is how much you are willing to pay.

But even good quality Chinese goods are much cheaper than their domestic counterparts. Amazingly, sometimes the markup can reach up to 500%! And the products themselves from the Middle Kingdom are presented as national. It is not surprising that such price gaps are very attractive to businessmen. That is why, when someone talks about business ideas from China, first of all they mean trade: buy cheap there in order to sell more expensive here. But what exactly goods can be sold and how to set up the mechanism? Let's try to figure this out together.

Business ideas from China for everyone who does not have an initial investment!

There is an idea that does not require any investment - dropshipping. Have you heard of this? The literal translation from English is “direct delivery”. This method consists in the fact that you act as an intermediary between the buyer and the seller. You order the necessary goods on behalf of the first one: register on the website, communicate with the seller if necessary, subsequently track the delivery, that is, you take care of all organizational issues. And the buyer can only wait for his order, which comes to him at his own address.

This method has many advantages: you don’t need to hire employees, look for premises as a warehouse, only the Internet is needed for effective work, and of course you don’t need to invest your own money - all payments are made at the expense of the customer on an advance payment basis.

The main disadvantage of this method is that delivery takes at least three weeks. There are also risks of the package being lost or being delayed at customs. Not all buyers are willing to wait that long. But practice shows that most people manage to build a good profitable business on this. In this case, income is a markup on the cost of acquisition. What this markup will be - 10% or 100% - is up to you to decide.

Which in this case is better to use the Internet - we have already discussed in our article

Well, if you don’t want to lose customers, then you can just as easily purchase goods with your own money, and then sell them through social networks, trading platforms and your own website.

Here you need to remember - if the order amount is less than 1000 euros, then you do not need to pay for customs clearance services. Accordingly, if you exceed this threshold, you will also need to include customs clearance in the cost price.

What are the best Chinese products to sell?

Souvenir products are in great demand. The cost of such consumer goods in China is a pittance, but here it is the sellers who break the bank by raising the markup to unimaginable proportions.

Leather bags are also a priority. In Russia they are very expensive. Therefore, there is a good opportunity to dump the market, while providing high-quality and inexpensive products, and of course, making good money from it.

In general, the Chinese often come up with some unusual products, new items, the analogues of which cannot be found in the domestic space. You can track their availability using the Internet, quickly order and distribute.

One of these products recently caught my eye - a smart bottle that gives its owner hints on the amount of water not drunk during the day according to the standard. At first glance it may seem like nonsense. But personally, I understand that this is not nonsense at all, but a real revolutionary discovery on which you can make good money.

It's no secret that the trend of a healthy lifestyle, proper nutrition and sports is now a priority. Being athletic, beautiful and healthy is now not only useful, but also fashionable. More and more groups dedicated to sports topics are appearing on social networks. YouTube is replete with various channels about fitness and healthy eating. I myself am a member of such a group, I read the news every day, and go to the gym. Athletes are a category of fanatical people. They will stop at nothing to achieve results. But 60% of the result depends on nutrition. I know from myself that drinking 2 liters of water a day, as is recommended to do to increase metabolism, especially when it has not become a habit, is very difficult. You just forget to do it. That’s why such a bottle, for me personally, would be a salvation. And I am sure that a huge part of people would like to purchase such a useful product.

When implementing, you can not only collaborate with groups on sports topics on social networks, but also directly with fitness clubs, gyms, and dance areas. People would buy it!

What I am saying is that you need to search for such new products and get to work immediately. I am sure that the result will be felt very soon.

If you have some start-up capital, then furniture trading would be an excellent solution. Such a business implies a completely different level of income.

Among business ideas from China, selling furniture is a sure-fire option!

Many people have heard about furniture from China: it is high quality and inexpensive, and the variety of styles amazes even the most fastidious buyer. Here you can find everything: from classics to high-tech.

The largest furniture factories are concentrated in the suburbs of Guangzhou. Among them, we can separately highlight the city of Foshan, the center of Chinese furniture production. There are simply a huge number of factories, each of which has its own exhibition centers. There is an opportunity not only to visually evaluate the purchase, but also to touch, sit, and also directly visit the manufacturer at the factory. All this is welcome. Some factories have their own showrooms right on the production site. Of course, it is also possible to order Chinese furniture via the Internet, but if you plan to seriously do this, then you should definitely visit there. And not only to see all this splendor of choice, but also to establish business connections. China hosts the popular furniture exhibition China International Furniture Fair twice a year, in which exclusively Chinese manufacturers exhibit their products.

Of course, you may be confused or even frightened by the very thought of traveling to another country on your own. But even in this case, everything has already been thought out for us. Shopping tours to China are now very popular. The furniture industry is a leader among all kinds of shopping tours. A large number of agencies offer such services for a fee. It is not necessary to order a shopping tour every time you travel; it is enough to buy furniture once and bring it home, and then you can act independently. During such a tour, you will be taken through a huge number of furniture suppliers, including exhibition centers and places of direct production. Such a trip is beneficial even if you are purchasing furniture not for subsequent sale, but for yourself. The fact is that prices in Russia for similar goods are at least three times higher. Typically, such a shop-tour can take about five days.

Features of furniture delivery from China!

But with delivery you need to be very careful. As a rule, cargo from China arrives in Vladivostok by sea, and then by road or rail to its destination.

As a standard, carrier companies offer delivery from China to the door of your home at a total price per cubic meter of container of about six hundred US dollars. But in practice, such delivery costs the buyer huge sums. In addition, transport companies can set the same cost of transportation from the port to Moscow and to Khabarovsk, for example. This is completely illogical and I agree with it. Therefore, it is in your interests to make deliveries with overloads - one tariff to the port, another tariff from the port to your city. For example, there are carriers that deliver from Guangzhou to the port of Vladivostok for 80 USD. per cubic meter. And then the price varies depending on your place of residence. But this approach to transportation provides double savings rather than immediately unreasonably paying 600 USD. per cubic meter. It is necessary to find out all the transportation details and tariffs. By simple calculations you can determine what the real price of transportation is and how the logistics company’s offer is justified.

What are the savings when buying furniture in China?

As we have already said, furniture in China is much cheaper than domestic furniture. Even if we take into account customs clearance and delivery, there is still a big gap. For example, a sofa set in the Middle Kingdom can be purchased for 60 thousand rubles, taking into account all expenses. Here, exactly the same one will cost about 150 thousand rubles. At the same time, domestic manufacturers often do not say that the furniture is Chinese, selling it under their own brand.

Of course, before you start this business, you need to calculate everything exactly. Determine the target category of buyers. The amount of profit will directly depend on this. After all, a significant part of the costs is delivery. And it does not depend on the quality of the furniture. Transporting a container full of inexpensive furniture worth $10,000 will cost the same as luxury furniture worth $100,000.

In conclusion, I want to say that the success of implementing any business idea from China, of course, depends, first of all, on your desire, perseverance, work and faith in success. You can constantly come up with excuses for yourself, like “it’s difficult”, “it’s not profitable”, “it’s not for me”, or you can just start doing something. Many people have built their successful businesses on these ideas; you don’t even have to come up with something new. There are enough buyers for everyone and money too! Anatomy of Business wishes you all kinds of victories and successful implementation of your plans!



This article is also available in the following languages: Thai

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    THANK YOU so much for the very useful information in the article. Everything is presented very clearly. It feels like a lot of work has been done to analyze the operation of the eBay store

    • Thank you and other regular readers of my blog. Without you, I would not be motivated enough to dedicate much time to maintaining this site. My brain is structured this way: I like to dig deep, systematize scattered data, try things that no one has done before or looked at from this angle. It’s a pity that our compatriots have no time for shopping on eBay because of the crisis in Russia. They buy from Aliexpress from China, since goods there are much cheaper (often at the expense of quality). But online auctions eBay, Amazon, ETSY will easily give the Chinese a head start in the range of branded items, vintage items, handmade items and various ethnic goods.

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        What is valuable in your articles is your personal attitude and analysis of the topic. Don't give up this blog, I come here often. There should be a lot of us like that. Email me I recently received an email with an offer that they would teach me how to trade on Amazon and eBay.

  • And I remembered your detailed articles about these trades. area
    I re-read everything again and concluded that the courses are a scam. I haven't bought anything on eBay yet. I am not from Russia, but from Kazakhstan (Almaty). But we also don’t need any extra expenses yet.