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Inem

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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Inem
InemKnowledge Seeker
Asked: April 19, 2024In: Money & Business

Must I own a landed property for financial security?

They always say that anyone that doesn’t own a land is not financially secure.  What makes the ownership of a land a sure yardstick for financial security? Is it really true people that don’t own lands are not financially secure?

They always say that anyone that doesn’t own a land is not financially secure.  What makes the ownership of a land a sure yardstick for financial security? Is it really true people that don’t own lands are not financially secure?

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  1. Mika
    Mika Expert Mind
    Added an answer on May 1, 2024 at 4:48 am

    If all assets you have landed property as well as a house is the most secured property you will have. Stocks can lose value, and when that happens you might not receive dividends or make loss when you sell. your landed property might also lose value but you can always rent it out to make an in come.Read more

    If all assets you have landed property as well as a house is the most secured property you will have. Stocks can lose value, and when that happens you might not receive dividends or make loss when you sell. your landed property might also lose value but you can always rent it out to make an in come. real estate market generates rent income, thus making it safe

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Inem
InemKnowledge Seeker
Asked: April 19, 2024In: Money & Business

International business- What are key considerations?

For someone that wants to expand his or her business internationally, what are the key things that have to be considered in deciding the country to expand your business to?

For someone that wants to expand his or her business internationally, what are the key things that have to be considered in deciding the country to expand your business to?

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  1. Slaky12
    Slaky12 Knowledge Seeker Cryptocurrency Engineering
    Added an answer on May 21, 2024 at 1:40 am

    When talking about international business, key considerations include cultural differences, legal regulations, market demand, currency fluctuations, logistics, and political stability. Each factor can significantly impact operations and success in foreign markets. By carefully considering these factRead more

    When talking about international business, key considerations include cultural differences, legal regulations, market demand, currency fluctuations, logistics, and political stability. Each factor can significantly impact operations and success in foreign markets.
    By carefully considering these factors, businesses can navigate the complexities of international markets more effectively and increase their chances of success.

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Inem
InemKnowledge Seeker
Asked: April 19, 2024In: Money & Business

Which payment gateway should I use for an online business?

For someone that has an online business like an e commerce platform in Africa where PayPal is mostly limited, one of the big decisions is the payment processor to integrate into your e commerce site. Which payment processor would you ...Read more

For someone that has an online business like an e commerce platform in Africa where PayPal is mostly limited, one of the big decisions is the payment processor to integrate into your e commerce site. Which payment processor would you recommend in lieu of PayPal that I can use for my e commerce site?

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  1. Mika
    Mika Expert Mind
    Added an answer on April 20, 2024 at 12:01 pm

    Paypal is the most common payment gateway but sadly it is not available in many countries. One of the best payment gateways for businesses that are not able to use paypal or want to give alternative payment option for their buyers can use crypto. Crypto is available in many countries. If you do notRead more

    Paypal is the most common payment gateway but sadly it is not available in many countries. One of the best payment gateways for businesses that are not able to use paypal or want to give alternative payment option for their buyers can use crypto. Crypto is available in many countries. If you do not want to use crypto, another option is Airtm. THis payment option is available even in the countries where people cannot use paypal

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Inem
InemKnowledge Seeker
Asked: April 19, 2024In: Money & Business

How much can one make monthly from Discussion Bucks?

Discussion Bucks is one of the new kids on the block when it comes to the world of paid to post forums. For those that have been active on it, can you share with others how much a person who ...Read more

Discussion Bucks is one of the new kids on the block when it comes to the world of paid to post forums. For those that have been active on it, can you share with others how much a person who is active at maximal posting limits can make from the site every month?

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Inem
InemKnowledge Seeker
Asked: April 19, 2024In: Money & Business

What is realistic timeframe for profiting in start up?

It is not debatable that one should not expect profits immediately for a new startup business. That’s well understood. But what is the realistic timeframe that an entrepreneur should start expecting some form of profiting from his startup?

It is not debatable that one should not expect profits immediately for a new startup business. That’s well understood.

But what is the realistic timeframe that an entrepreneur should start expecting some form of profiting from his startup?

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  1. Slaky12
    Slaky12 Knowledge Seeker Cryptocurrency Engineering
    Added an answer on May 21, 2024 at 1:42 am

    Timeframe for a startup to become profitable varies widely depending on factors like industry, market conditions, funding, and business model. Some startups can become profitable within a few months to a year if they have a clear value proposition and a solid execution plan. However, it's also commoRead more

    Timeframe for a startup to become profitable varies widely depending on factors like industry, market conditions, funding, and business model. Some startups can become profitable within a few months to a year if they have a clear value proposition and a solid execution plan. However, it’s also common for startups to take several years to reach profitability, especially if they’re in a competitive or rapidly evolving market. It’s essential to have realistic expectations and a sustainable strategy for growth.

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Inem
InemKnowledge Seeker
Asked: April 16, 2024In: Money & Business

What are the disadvantages of angel investors for a business?

When you have a great business idea and you don’t have capital to start, it is often advised that one goes for angel investors to help fund the business idea. What are the likely disadvantages to expect from having your ...Read more

When you have a great business idea and you don’t have capital to start, it is often advised that one goes for angel investors to help fund the business idea. What are the likely disadvantages to expect from having your business funded by angel investors?

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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on August 7, 2025 at 5:06 am

    One of the disadvantages of the angel investor's higher tolerance for risk and  they also  usually have higher expectations. They are in business to earn money, and as there is a significant quantity of funds on the line, they are going to want to witness a payoff, just like anyone else.. You wouldRead more

    One of the disadvantages of the angel investor’s higher tolerance for risk and  they also  usually have higher expectations. They are in business to earn money, and as there is a significant quantity of funds on the line, they are going to want to witness a payoff, just like anyone else..

    You would loss  control..The most significant disadvantage is that entrepreneurs often have to part with a substantial equity stake in their start-up in return for the necessary capital. Angels tend to adopt a hands-on approach once they invest in a start-up.

    it also might takes longer to find a suitable angel investor. and you might have to give up a share of your business

     

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Inem
InemKnowledge Seeker
Asked: April 16, 2024In: Money & Business

Which business can I start with 200 dollars effectively?

In this days where everyone needs to do one business to support a job. For someone that so desires entrepreneurship and wants to start out a business, which business can such a person start with a capital of $200 and ...Read more

In this days where everyone needs to do one business to support a job. For someone that so desires entrepreneurship and wants to start out a business, which business can such a person start with a capital of $200 and doesn’t have to borrow external funds?

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  1. Slaky12
    Slaky12 Knowledge Seeker Cryptocurrency Engineering
    Added an answer on May 21, 2024 at 1:53 am

    Well I think with $200 someone can start start a small-scale online business, such as freelance writing, graphic design, or dropshipping. These ventures often require minimal upfront investment and can be scaled gradually as you generate income. Remember to research your chosen industry, understandRead more

    Well I think with $200 someone can start start a small-scale online business, such as freelance writing, graphic design, or dropshipping. These ventures often require minimal upfront investment and can be scaled gradually as you generate income.
    Remember to research your chosen industry, understand your target market, and focus on providing value to your customers to maximize your success.

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Inem
InemKnowledge Seeker
Asked: April 16, 2024In: Money & Business

What percentage of my income should go for rent?

While our needs are unlimited, accomodation is one of the most vital needs of every person. And it is something that we really can’t do without. How much of my income should I spend on renting accommodation so that I ...Read more

While our needs are unlimited, accomodation is one of the most vital needs of every person. And it is something that we really can’t do without. How much of my income should I spend on renting accommodation so that I don’t live in a house above my means

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on March 11, 2026 at 5:15 am

    A good rule of thumb is to spend no more than 30% of your monthly income on rent. This helps ensure you still have enough money for food, utilities, savings, and other expenses. If possible, keeping rent around 20–25% is even better for financial stability. The key is choosing accommodation that fitRead more

    A good rule of thumb is to spend no more than 30% of your monthly income on rent. This helps ensure you still have enough money for food, utilities, savings, and other expenses. If possible, keeping rent around 20–25% is even better for financial stability. The key is choosing accommodation that fits your income so you can live comfortably without struggling to cover other essential costs.

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Inem
InemKnowledge Seeker
Asked: April 16, 2024In: Money & Business

Should I advertise my business only to my target market?

One of the purpose of target marketing is to let a business person understand the people who potentially have needs for the products or services that his or her business offers. Given that, should a business also advertise to people ...Read more

One of the purpose of target marketing is to let a business person understand the people who potentially have needs for the products or services that his or her business offers. Given that, should a business also advertise to people who are not it’s target market? Wouldn’t it be a waste of money to advertise your products to people who would likely not buy and are not in your target market?

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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on May 6, 2026 at 12:32 am

    It is good to advertise to everyone. It helps draws others attention to new ideas and so helps them know about your potential products and services. They are also your potential buyers. This will help to increase the demand for the goods, it increases the number of people you might needb to supply tRead more

    It is good to advertise to everyone. It helps draws others attention to new ideas and so helps them know about your potential products and services. They are also your potential buyers. This will help to increase the demand for the goods, it increases the number of people you might needb to supply the goods to. So there’s no need limiting yourself to only your cystiners

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Inem
InemKnowledge Seeker
Asked: April 16, 2024In: Money & Business

How do I apply market segmentation to benefit my business?

I have been hearing about the idea of market segmentation and how it could benefit a business. I don’t seem to understand the concept. Can someone here breakdown the concept of market segmentation in application and it’s practical benefits to ...Read more

I have been hearing about the idea of market segmentation and how it could benefit a business. I don’t seem to understand the concept. Can someone here breakdown the concept of market segmentation in application and it’s practical benefits to sales and business in general?

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  1. Slaky12
    Slaky12 Knowledge Seeker Cryptocurrency Engineering
    Added an answer on May 21, 2024 at 2:01 am

    I think applying market segmentation can greatly benefit your business by allowing you to tailor your marketing efforts to specific groups of customers, increasing relevance and effectiveness. You need to divide your market into distinct segments based on factors such as demographics, psychographicsRead more

    I think applying market segmentation can greatly benefit your business by allowing you to tailor your marketing efforts to specific groups of customers, increasing relevance and effectiveness. You need to divide your market into distinct segments based on factors such as demographics, psychographics, behavior, or needs.
    By effectively applying market segmentation, you can enhance customer satisfaction, increase sales, and gain a competitive advantage in the marketplace.

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