Doing Business: Beginner entrepreneur finds that "customer is always right"

The small-to-medium business is of a certain importance for the steadfast economic growth of a country, as it gives innovational impulses to the economy. "Armenpress" News Agency highly appreciates the significant role the small-to-medium business plays; each week "Armenpress" introduces business stories regarding various branches of economy. This time the article is dedicated to the story of an economist, who realized the necessity to make usage of one’s knowledge in business right in time. Due to this he has become a successful businessman.

YEREVAN, MARCH 14, ARMENPRESS. 28-year old Arman Davtyan is an economist. He had a number of business ideas while studying in the university. But as he was overloaded during his study and after graduating from the university, he managed to realize only one of them yet only in July 2012.

Due to the credit he gained by the help of the Small and Medium Entrepreneurship Development National Center of Armenia, he established a fast cleaning service. As an economist Arman realized that there is a lack of fast dry cleaning services in Yerevan. Among other things Davtyan noted: "The idea was to provide dry cleaning to more or less prosperous citizens, so that they could give up traditional cleaning services and vacuum cleaner." Within the framework of "Assistance to Beginner Entrepreneurs" program of the Small and Medium Entrepreneurship Development National Center of Armenia he received a credit of AMD 3 million, bought the whole necessary utensils and started his own business. (THE FULL VERSION OF THE ARTICLE IS AVAILABLE IN ARMENIAN)

The story and photos by Small and Medium Entrepreneurship Development National Center of Armenia