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Inem

Knowledge Seeker
Ask Inem
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143 Questions
Home» Inem»Answers
  • About
  1. Asked: September 17, 2023In: Money & Business

    What should you do when you can't pay back a loan?

    Inem
    Inem Knowledge Seeker
    Added an answer on August 14, 2025 at 5:58 pm

    Definitely, there are situations that one would struggle to payback their loans. First thing you would need to do is to reach out to the agency that gave you the loan and explain your financial condition that makes you not to be able to pay the loan. Of course, you must have valid proofs to that effRead more

    Definitely, there are situations that one would struggle to payback their loans. First thing you would need to do is to reach out to the agency that gave you the loan and explain your financial condition that makes you not to be able to pay the loan. Of course, you must have valid proofs to that effect. When that is established, you can call for a re-negotiation for the loan terms based on your present financial condition. I think that every reasonable lender should be able to concede when the process is followed like this.

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

    Is clicking ads to make money online a reliable way to make money online?

    Inem
    Inem Knowledge Seeker
    Added an answer on July 6, 2025 at 2:46 pm

    When you look at most of the sites that offer opportunities to make money through clicking ads, you would see that the rates are very low, which means that you would have to click hundreds of ads before you would be able to make money on the platform. When you look at the efforts expended to do thatRead more

    When you look at most of the sites that offer opportunities to make money through clicking ads, you would see that the rates are very low, which means that you would have to click hundreds of ads before you would be able to make money on the platform. When you look at the efforts expended to do that, you just have to agree that it is not worth it. I think it is best for teenagers that are just experimenting online earnings newly.

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  3. Asked: July 10, 2024In: Money & Business

    How to Delegate Mundane Business Activities?

    Inem
    Inem Knowledge Seeker
    Added an answer on July 6, 2025 at 2:46 pm

    For mundane activities in a business organisation, I believe that precious manpower should not even be expended on it. If possible, and most times it is, I think that those activities should be automated. Think about sending emails. It would take a whole lot of the productive time of a staff for himRead more

    For mundane activities in a business organisation, I believe that precious manpower should not even be expended on it. If possible, and most times it is, I think that those activities should be automated. Think about sending emails. It would take a whole lot of the productive time of a staff for him or her to send 20 emails. That can be automated. I am strongly of the opinion that mundane tasks in an organisation should be automated.

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

    Can i turn my electrical work to a lucrative business

    Inem
    Inem Knowledge Seeker
    Added an answer on August 3, 2024 at 11:27 am

    If you are very sure that you know electrical work very well, you already have a skill that if you monetize, would give you good income for the rest of your life. All you need is to let people know that you do electrical work. They would call you and when you deliver at a very high level, you have aRead more

    If you are very sure that you know electrical work very well, you already have a skill that if you monetize, would give you good income for the rest of your life. All you need is to let people know that you do electrical work. They would call you and when you deliver at a very high level, you have already established a career path for yourself. The guys that do electricity that I know around barely have time because they have too many orders per time.

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  5. Asked: July 12, 2024In: Money & Business

    Is Marketing And Advertising Getting Easier?

    Inem
    Inem Knowledge Seeker
    Added an answer on August 3, 2024 at 11:23 am

    Marketing and advertising has really become easier. Before this time, radio and television were the main platforms for people to advertise their businesses and products. To buy a five minutes airtime on radio or television channel, it is very expensive compared to the very little or almost zero costRead more

    Marketing and advertising has really become easier. Before this time, radio and television were the main platforms for people to advertise their businesses and products. To buy a five minutes airtime on radio or television channel, it is very expensive compared to the very little or almost zero costs that social media has afforded people to advertise. Internet channels of advertisement has really made advertising and marketing quite easier.

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  6. Asked: September 27, 2023In: Money & Business

    How can you make money from used items?

    Inem
    Inem Knowledge Seeker
    Added an answer on August 3, 2024 at 11:19 am

    It depends on the particular used items you are talking about. If it is electronics, you can take it to the people that repair electronics and they would help you sell it easily. If it is  clothes, you can sell them on online marketplaces like Etsy but be sure that they are still in usable conditionRead more

    It depends on the particular used items you are talking about. If it is electronics, you can take it to the people that repair electronics and they would help you sell it easily. If it is  clothes, you can sell them on online marketplaces like Etsy but be sure that they are still in usable condition. You can even use Facebook marketplaces and other peer to peer marketplaces like jiji to sell your used phones and other kinds of tangible used items.

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  7. Asked: September 10, 2023In: Money & Business

    how can i increase sales in hibiscus drink production?

    Inem
    Inem Knowledge Seeker
    Added an answer on August 3, 2024 at 11:15 am

    From what I have experienced being a regular consumer of this product, one thing that would surely help this business to increase sales is the quality of the zobo drink. When your zobo drink is tasty, people would love it, talk about it and recommend it on the streets. That's the primary way to incrRead more

    From what I have experienced being a regular consumer of this product, one thing that would surely help this business to increase sales is the quality of the zobo drink. When your zobo drink is tasty, people would love it, talk about it and recommend it on the streets. That’s the primary way to increase sales of zobo drink. You would even get recommendations to supply for events if it is confirmed that your zobo is good tasting.

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  8. Asked: July 25, 2024In: Insurance, Money & Business

    Importance of Insurance for a Business?

    Inem
    Inem Knowledge Seeker
    Added an answer on August 3, 2024 at 11:11 am

    Any business without an insurance coverage is just one disaster away and they are totally collapsed. One can't be too careful to cover all the grounds in business. That's why insurance is very necessary for every business. Every business has risk factors that it likely faces with it's daily operatioRead more

    Any business without an insurance coverage is just one disaster away and they are totally collapsed. One can’t be too careful to cover all the grounds in business. That’s why insurance is very necessary for every business. Every business has risk factors that it likely faces with it’s daily operations that if those risks happen, they could cause financial damage to the business. Insurance keeps businesses covered against such risks.

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

    Can you Make Big Money Online Without any Investment?

    Inem
    Inem Knowledge Seeker
    Added an answer on August 3, 2024 at 11:07 am

    I don't know what you would define as big money but I have made a considerable amount of money online without having to make like a monetary investment. You can make money with your efforts and skills online. I have been a freelance online writer for years now and I have made some big money online.Read more

    I don’t know what you would define as big money but I have made a considerable amount of money online without having to make like a monetary investment. You can make money with your efforts and skills online. I have been a freelance online writer for years now and I have made some big money online. It might only take you time and efforts to make good money online without investment but it is clearly possible.

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  10. Asked: July 24, 2024In: Insurance, Money & Business

    What does crypto insurance cover?

    Inem
    Inem Knowledge Seeker
    Added an answer on August 3, 2024 at 10:49 am

    What I have come to infer from all my studies is that crypto insurance doesn't cover against volatility and also, it doesn't cover for crypto that are in custodial wallets. Crypto exchanges are the highest risk factors to crypto holders because they can decide to close down anytime. In the event thaRead more

    What I have come to infer from all my studies is that crypto insurance doesn’t cover against volatility and also, it doesn’t cover for crypto that are in custodial wallets. Crypto exchanges are the highest risk factors to crypto holders because they can decide to close down anytime. In the event that a crypto exchange closes at down, the insurance coverage that you have bought for the crypto held there is restored.

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