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Ahmedo24

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Ask Ahmedo24
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12 Questions
Home» Ahmedo24»Answers
  • About
  1. Asked: August 18, 2023In: Money & Business

    Is it possible to make money during rainy seasons?

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 18, 2023 at 5:46 pm

    It depends on the kind of business or work you do to make money, if your means of earning is determined by season then you will need to plan your way. But if you mean earning online, I don't think the season can affect your activities, you can make your money anytime provided you have the right updaRead more

    It depends on the kind of business or work you do to make money, if your means of earning is determined by season then you will need to plan your way. But if you mean earning online, I don’t think the season can affect your activities, you can make your money anytime provided you have the right update and internet connection.

    Some offline businesses do not go well during the rainy season while some are ok regardless the season.

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  2. Asked: August 17, 2023In: Money & Business

    What are the challenges faced with detergent production?

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 17, 2023 at 5:44 pm

    I know the production of detergent and one of the challenges I faced is having enough capital to get the necessary machines and equipment that will enable me to compete favorably with top manufacturing companies. Another challenge I perceived is the ability to beat your competitors because there areRead more

    I know the production of detergent and one of the challenges I faced is having enough capital to get the necessary machines and equipment that will enable me to compete favorably with top manufacturing companies.

    Another challenge I perceived is the ability to beat your competitors because there are a good number of companies producing detergents of different quality. You must be familiar with the trend before venturing into the market and the right formulations to settle for.

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  3. Asked: August 17, 2023In: Money & Business

    Catfish farming or poultry farming as a business?

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 17, 2023 at 4:59 pm

    Both businesses have similarities in so many critical aspects such as cost, risk, and profitability. In my opinion, the best among these businesses will depend on your technical knowledge, passion, and the outcome of your feasibility studies. I can assure you that either of them is highly profitableRead more

    Both businesses have similarities in so many critical aspects such as cost, risk, and profitability. In my opinion, the best among these businesses will depend on your technical knowledge, passion, and the outcome of your feasibility studies.

    I can assure you that either of them is highly profitable if you play your cards right. You must also be aware that they are both risky businesses and requires a high level of security and commitment.

     

    In addition, you can choose to start any of them on a small scale before you consider expanding it.

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  4. Asked: August 14, 2023In: Money & Business

    What would you choose trading or mining?

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 16, 2023 at 8:48 pm

    Both are very good options to make money from cryptocurrencies. The choice of either trading or mining largely depends on resources like knowledge, capital, and skills. No doubt, trading is easier because, with a small amount of money, you can start and make a huge profit or loss in a short time becRead more

    Both are very good options to make money from cryptocurrencies. The choice of either trading or mining largely depends on resources like knowledge, capital, and skills.

    No doubt, trading is easier because, with a small amount of money, you can start and make a huge profit or loss in a short time because of the risk involved. On the other hand, mining is less risky but more difficult and capital-intensive to achieve results.

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  5. Asked: August 15, 2023In: Money & Business

    How Can I Make Money from TikTok Easily?

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 16, 2023 at 8:17 pm

    I had the intention to ask this question because I can that lots of people are active on Tiktok recently compared to other social media platforms. I have also read different opinions here on the possible ways of making money with TikTok which are helpful to. some of the burning questions. I wish toRead more

    I had the intention to ask this question because I can that lots of people are active on Tiktok recently compared to other social media platforms.

    I have also read different opinions here on the possible ways of making money with TikTok which are helpful to. some of the burning questions. I wish to also know if the platform required a minimum number of views or likes to earn from it and if I can monetize a Ti.tok account?

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  6. Asked: August 16, 2023In: Money & Business

    Why are some people still broke despite working hard?

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 16, 2023 at 5:53 pm

    Firstly, we don't need to hard to create wealth rather we work smart to earn money and hedge over brokenness. It is best for you to understand what works for you before you engage in such work or jobs. You likely going to remain broke if you work hard to make money from Ponzi schemes because they arRead more

    Firstly, we don’t need to hard to create wealth rather we work smart to earn money and hedge over brokenness. It is best for you to understand what works for you before you engage in such work or jobs.

    • You likely going to remain broke if you work hard to make money from Ponzi schemes because they are mostly on luck, not any technical analysis
    • You should be prudent and make savings from your earnings no matter how small or big they might be otherwise you could remain broke eventually,
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  7. Asked: August 16, 2023In: Money & Business

    Your thought about giving discounts to buyers

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 16, 2023 at 5:46 pm

    In business, frequency of turnover is key to success. It is best to give a discount on your business to attract more clients or customers and boost your sales. You will still be in profit if you make your analysis before giving a discount. A discount of 1% to 5% can a long way in business because loRead more

    In business, frequency of turnover is key to success. It is best to give a discount on your business to attract more clients or customers and boost your sales. You will still be in profit if you make your analysis before giving a discount. A discount of 1% to 5% can a long way in business because love to be appreciated and also get quality goods or services at a discount. You can imagine promo strategies.

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  8. Asked: August 16, 2023In: Money & Business

    How to register a business in your country

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 16, 2023 at 5:38 pm

    In my country, once a business is registered it enjoys numerous benefits such as access to loans and grants from government and other funding agencies. To register your business, you must identify the class or category of your business whether it is a small, medium, or big-scale business. The next iRead more

    In my country, once a business is registered it enjoys numerous benefits such as access to loans and grants from government and other funding agencies.

    To register your business, you must identify the class or category of your business whether it is a small, medium, or big-scale business. The next is to visit the co-operate affairs commission (CAC) for a name check to ensure your proposed business or company name is not in use already. Once you succeed in name verification, apply for the business registration and provide documents like payroll for employees, means of identification, evidence of valid business name, tax clearance, evidence of address, etc.

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  9. Asked: August 16, 2023In: Money & Business

    Benefits of practising partnership in business

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 16, 2023 at 5:32 pm

    Running a partnership business comes with lots of benefits if you get the right partners because such businesses stand a chance to progress geometrically due to combining efforts and idea sharing. In terms of risk management, it comes with low risk because the losses will be shared across the boardRead more

    Running a partnership business comes with lots of benefits if you get the right partners because such businesses stand a chance to progress geometrically due to combining efforts and idea sharing. In terms of risk management, it comes with low risk because the losses will be shared across the board likewise profit.

    I love partnership business more than a self-owned business any day or anytime.

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  10. Asked: August 15, 2023In: Money & Business

    What are the drawbacks of manufacturing business

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 16, 2023 at 5:28 pm

    The fact is that a person or group of persons in Manufacturing businesses can easily grow the business through loans and other grants from the government because the business is capital-intensive. Most successful manufacturers leverage low-interest-rate loans which are only obtainable from the goverRead more

    The fact is that a person or group of persons in Manufacturing businesses can easily grow the business through loans and other grants from the government because the business is capital-intensive. Most successful manufacturers leverage low-interest-rate loans which are only obtainable from the government. It is not difficult to get the best hands if you are willing to pay and have the right management skills.

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