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How to manage finance as a business?
One aspect that can make or mar a business is financial management. And for a business to manage finances, it must have a budget. It shouldn't have just one budget but there should be budgets for production, marketing and other business operations. These budgets must be effective and realistic. TheRead more
One aspect that can make or mar a business is financial management. And for a business to manage finances, it must have a budget. It shouldn’t have just one budget but there should be budgets for production, marketing and other business operations. These budgets must be effective and realistic. The business should also be able to plug holes that could open up for embezzlement of business funds. Compounding of profits is also a good financial management strategy to help boost capital base.
See lessIs the crypto market developing faster than the stock market?
I think that the stock market has peaked in terms of innovation to enhance the market and we would expect to see very limited developments even in the years to come. Don't also forget that crypto is tech based and the tech sphere is ever developing and evolving. That would be why crypto would keep dRead more
I think that the stock market has peaked in terms of innovation to enhance the market and we would expect to see very limited developments even in the years to come. Don’t also forget that crypto is tech based and the tech sphere is ever developing and evolving. That would be why crypto would keep developing and evolving as a market than the stock market, even in the future.
See lessWhat would you do with a million dollar capital?
I don't even need a million dollar to reach the peak of my business plans. But at the level of having a million dollar injection, as a person already involved in agricultural business, I would expand my livestock farming business to include feed production. With that amount, I can get all the stateRead more
I don’t even need a million dollar to reach the peak of my business plans. But at the level of having a million dollar injection, as a person already involved in agricultural business, I would expand my livestock farming business to include feed production. With that amount, I can get all the state of the art equipment needed to establish a standard poultry farm with 100,000 birds capacity and also set up a standard commercial livestock feed production unit.
See lessIs Agriculture a Good Business To Get Into and Scale?
I would say that with proper knowledge, agriculture is one industry that people can easily start business and scale it bit by bit. The thing is that humans can't do without food and agriculture businesses directly or indirectly help with food production. That means agricultural businesses always hasRead more
I would say that with proper knowledge, agriculture is one industry that people can easily start business and scale it bit by bit. The thing is that humans can’t do without food and agriculture businesses directly or indirectly help with food production. That means agricultural businesses always has a sure and steady demand if target marketing is properly done.
See lessIs Buying Business Books An Investment?
Buying books helps people to invest in themselves and I would say that self investment is the best investment because with the skill you have gathered from the books, you become an asset. It might not be a tangible investment like that which one would measure rate of returns with time but buying ofRead more
Buying books helps people to invest in themselves and I would say that self investment is the best investment because with the skill you have gathered from the books, you become an asset. It might not be a tangible investment like that which one would measure rate of returns with time but buying of books, especially books that impart skills to you is a very good investment.
See lessIs Video Editing a Hot Niche To Make Money?
With the rise to prominence of video contents, there is a huge opportunity for people that are sound with video editing to get lots of gigs and make money with it. Brands and influencers would hire video editors to make their video contents properly edited. And the thing is that it is a very technicRead more
With the rise to prominence of video contents, there is a huge opportunity for people that are sound with video editing to get lots of gigs and make money with it. Brands and influencers would hire video editors to make their video contents properly edited. And the thing is that it is a very technical field that is not saturated, and acquiring this skill would earn one a lot of money.
See lessHow To Start a Perfume Business?
There are cheap perfumes called oil perfume that one can deal on. And there are the toast of the average man on the street. Oil perfumes are very cheap to purchase in bulk and $2.5 dollars can purchase 20 of it. You can sell and get a revenue of $3.5. That is quite a simple business to do. But you wRead more
There are cheap perfumes called oil perfume that one can deal on. And there are the toast of the average man on the street. Oil perfumes are very cheap to purchase in bulk and $2.5 dollars can purchase 20 of it. You can sell and get a revenue of $3.5. That is quite a simple business to do. But you would need to have enough customers to be able to have good turnover for the perfume business.
See lessIs Selling Wigs and Hair Products Lucrative?
I have a friend that is into wigs and I can tell you without a doubt that she is a millionaire. She has a big shop and she outsources most of her wig making to other people. Ladies and buying wigs is like bread and butter. Realistically speaking, the business might be strenuous for a beginner becausRead more
I have a friend that is into wigs and I can tell you without a doubt that she is a millionaire. She has a big shop and she outsources most of her wig making to other people. Ladies and buying wigs is like bread and butter. Realistically speaking, the business might be strenuous for a beginner because it is one business that works based on connection. But as one stays longer in the business, it becomes a goldmine for the person.
See lessCan goat farming be considered as a good business idea?
Farming goats is one business that one is sure that he or she can never get wrong. It is a business that is scalable no matter the level you start at and you can easily make it to become really big. People consume goat meat like no man's business. It is the meat of choice for marriage events in my cRead more
Farming goats is one business that one is sure that he or she can never get wrong. It is a business that is scalable no matter the level you start at and you can easily make it to become really big. People consume goat meat like no man’s business. It is the meat of choice for marriage events in my country. I know of butchers that slaughter 13 goats in a day and sell out all of them. It is a very sweet business.
See lessWhy did your client move to the next seller?
Buyers are humans and they are so many logical and illogical considerations before they make the decision to buy or not. Some of those considerations are price, personal preferences and whims of other people. What you have to examine as a marketer at that point is to check the pricing of your producRead more
Buyers are humans and they are so many logical and illogical considerations before they make the decision to buy or not. Some of those considerations are price, personal preferences and whims of other people. What you have to examine as a marketer at that point is to check the pricing of your products and the specifications to check if it matches the customer’s preference and situation.
See less