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Inem
InemKnowledge Seeker
Asked: September 23, 2023In:

I own a poultry business and in this era of tech, I would love to integrate tech into my poultry farm? Which aspects of a poultry farm can technology be integrated onto? What poultry operations can technology handle? Is poultry a ...Read more

I own a poultry business and in this era of tech, I would love to integrate tech into my poultry farm?

Which aspects of a poultry farm can technology be integrated onto? What poultry operations can technology handle? Is poultry a traditional business that technology cannot be used?

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poultrytechnology
  1. raaman
    raaman Expert Mind A blogger and a writer interested in learning.

    To include technology for your poultry business, use automation systems for watering, feeding, and climate control. Use data analytics software to check birds health, their growth, and feed consumption. Use barcode for tracking inventory management and supply chain optimization. Follow agriculture tRead more

    To include technology for your poultry business, use automation systems for watering, feeding, and climate control. Use data analytics software to check birds health, their growth, and feed consumption. Use barcode for tracking inventory management and supply chain optimization. Follow agriculture techniques like drones for crop monitoring and soil analysis.

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Inem
InemKnowledge Seeker
Asked: September 23, 2023In:

Light and sound business seems to be a very profitable business. It is becoming popular as more people need their services for events and programs? But what are the key practical factors that can make lighting and sound business a success?

Light and sound business seems to be a very profitable business. It is becoming popular as more people need their services for events and programs?

But what are the key practical factors that can make lighting and sound business a success?

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businesslight and sound
  1. Rimisha
    Rimisha Knowledge Seeker I am students and I am always eager to expand my knowledge and share it with others.✨

    Quality equipment, skilled technicians, a strong network of clients, effective marketing, competitive pricing, efficient operations, and staying updated with industry trends are key factors for profitability in the lights and sound business. Customer satisfaction and delivering exceptional experiencRead more

    Quality equipment, skilled technicians, a strong network of clients, effective marketing, competitive pricing, efficient operations, and staying updated with industry trends are key factors for profitability in the lights and sound business. Customer satisfaction and delivering exceptional experiences also contribute to success.🤍.

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Inem
InemKnowledge Seeker
Asked: September 22, 2023In:

There are some of us that play musical instruments and are very good at it. Is it possible that someone can use playing of musical instruments as a full source of livelihood? How can one to about this?

There are some of us that play musical instruments and are very good at it.

Is it possible that someone can use playing of musical instruments as a full source of livelihood? How can one to about this?

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businessskills
  1. eldavis
    eldavis Enlightened Mentor Graphic designer

    Yes its very possible. I know someone who is into musical instruments. He plays and at the moment he has set up a small musical school offline and online. There are some churches out there who also put their musicians on a payroll. They earn huge amounts on a monthly basis. Though in most cases it rRead more

    Yes its very possible. I know someone who is into musical instruments. He plays and at the moment he has set up a small musical school offline and online. There are some churches out there who also put their musicians on a payroll. They earn huge amounts on a monthly basis. Though in most cases it requires time and consistency to be able to achieve success and base on the high competition, you need to be extremely good.

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Inem
InemKnowledge Seeker
Asked: September 22, 2023In:

For people in the music sector and other creative arts, there is always an option of getting royalties in exchange for your creativity or getting payment instantly. With royalties, you get a percentage of all the money that your creative input ...Read more

For people in the music sector and other creative arts, there is always an option of getting royalties in exchange for your creativity or getting payment instantly.

With royalties, you get a percentage of all the money that your creative input makes for life while instant payment involves paying you off an agreed amount.

Under what circumstances should a music producer and other creative people explore royalties or Instant payment as options?

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businessroyalties
  1. Augusta
    Augusta Enlightened Mentor

    I think this is about different strokes for different folk as the "best" option depends on the producer's goals and circumstances. Royalties to me offer the potential for long-term, passive income, so I would prefer royalties as it has Potential for high earnings:   If a song becomes popular, rRead more

    I think this is about different strokes for different folk as the “best” option depends on the producer’s goals and circumstances. Royalties to me offer the potential for long-term, passive income, so I would prefer royalties as it has Potential for high earnings:

     

    If a song becomes popular, royalties can far exceed an upfront fee. though this one  require patience and faith in the song’s success. Upfront fees provide immediate income and certainty, but may limit future earnings if the song becomes a hit.

    Royalties also offers passive income: Royalties can generate ongoing income from streams, downloads, radio play, etc., even after the initial production is complete.

     

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Inem
InemKnowledge Seeker
Asked: September 22, 2023In:

One very profitable business seems to be a very profitable business. My friend that does the business is making good money. What’s the reason behind the profitability of selling packaging materials like cellophane and nylon bags?

One very profitable business seems to be a very profitable business. My friend that does the business is making good money.

What’s the reason behind the profitability of selling packaging materials like cellophane and nylon bags?

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businesspackaging
  1. Mfon
    Best Answer
    Mfon Newcomer

    A lot of  businesses require packaging materials on an ongoing basis, leading to recurring sales and potential long-term relationships with customers.  I think Packaging materials are needed by businesses of all sizes, from small startups to large corporations. This wide range of potential customersRead more

    A lot of  businesses require packaging materials on an ongoing basis, leading to recurring sales and potential long-term relationships with customers.

     I think Packaging materials are needed by businesses of all sizes, from small startups to large corporations. This wide range of potential customers increases market opportunities.

    By selling in packaging you can target market price which is favourable for customers an also increase your audience in business.

     

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Inem
InemKnowledge Seeker
Asked: September 22, 2023In:

I happen to have a shop close to a university campus. And I want to start a business in that shop. Which business would work best in that kind of environment. Books are no longer working since everyone has migrated ...Read more

I happen to have a shop close to a university campus. And I want to start a business in that shop. Which business would work best in that kind of environment. Books are no longer working since everyone has migrated to e books.

Which business can I start that would work in a campus environment?

 

 

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businesscampus
  1. Avarose
    Avarose Enlightened Mentor

    In a campus environment, businesses that solve everyday student problems or fit their lifestyle usually do best. Think affordable food or drink options like a small cafe, smoothie bar, or snack spot because students always need quick, cheap meals. Other ideas include stationery and printing servicesRead more

    In a campus environment, businesses that solve everyday student problems or fit their lifestyle usually do best. Think affordable food or drink options like a small cafe, smoothie bar, or snack spot because students always need quick, cheap meals. Other ideas include stationery and printing services, tech accessories, or even a small study lounge with Wi-Fi. The key is convenience, affordability, and something that students will use regularly without much effort.

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Inem
InemKnowledge Seeker
Asked: September 22, 2023In:

Some couples believe that whatever they tell you is their income and their expenses, you are supposed to take it. Does it make sense for couples to dig into the financials of their spouses or it should be taken for ...Read more

Some couples believe that whatever they tell you is their income and their expenses, you are supposed to take it. Does it make sense for couples to dig into the financials of their spouses or it should be taken for what it is?

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familyfinances
  1. Ramolak19
    Ramolak19 Knowledge Seeker

    The circumstances of your relationship and your personal values will determine if you decide to talk about money with your partner. Open dialogue about money matters can promote confidence, transparency, and support for common financial objectives. Everyone has different preferences and comfort leveRead more

    The circumstances of your relationship and your personal values will determine if you decide to talk about money with your partner. Open dialogue about money matters can promote confidence, transparency, and support for common financial objectives. Everyone has different preferences and comfort levels when it comes to talking about personal finances, so it’s crucial to approach these discussions with respect, discretion, and an attitude of openness.

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Inem
InemKnowledge Seeker
Asked: September 22, 2023In:

Some people makes donations to charity and render financial help to others. In financial planning, should donations to charity be classified as a need or a want? Why do you think it should be approached as a need or want?

Some people makes donations to charity and render financial help to others. In financial planning, should donations to charity be classified as a need or a want?

Why do you think it should be approached as a need or want?

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charitydonations
  1. Carpon
    Carpon Expert Mind Hustler

    I don't think that donation to charity can be regarded as a want or anything but rather it is something that you do out of your own free volution. You're not actually being forced to do things like this but rather it's something that you give out of your own personal desire to do so. So giving out mRead more

    I don’t think that donation to charity can be regarded as a want or anything but rather it is something that you do out of your own free volution.

    You’re not actually being forced to do things like this but rather it’s something that you give out of your own personal desire to do so.

    So giving out money or anything to charity and donations is not in any way for me to be regarded as a want or need. Want or need are things that pertain to you

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Inem
InemKnowledge Seeker
Asked: September 22, 2023In:

It seems that ATM cards and electronic banking channels encourage impulsive spending given that there is no limitation on the time that you can carry out transactions. Some people have ditched ATMs and electronic banking because it encourages impulse spending. Does ATM ...Read more

It seems that ATM cards and electronic banking channels encourage impulsive spending given that there is no limitation on the time that you can carry out transactions.

Some people have ditched ATMs and electronic banking because it encourages impulse spending.

Does ATM and electronic banking channels encourage impulse spending? How do we get to balance that?

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e bankingimpulsive expenses
  1. eldavis
    eldavis Enlightened Mentor Graphic designer

    The answer to this is yes and no. The truth is that ATM cards and e-banking were create to make things a lot easier. With your ATM cards, you no longer have to go to the banks to make a withdrawal, you can simply find the nearest atm machines and carry out your transactions. Then with e-banking, youRead more

    The answer to this is yes and no. The truth is that ATM cards and e-banking were create to make things a lot easier. With your ATM cards, you no longer have to go to the banks to make a withdrawal, you can simply find the nearest atm machines and carry out your transactions. Then with e-banking, you can be anywhere and at anytime carry out your transactions with ease and without worry. A person on the other hand who lacks self discipline would see this as an opportunity to easily spend. After all they can be on their beds and easily make purchases

    Like they say the invention of Guns is not the problem, its what you use it for that counts. The same way the invention of e-banking and atm cards is not the cause of impulse buying, we simply lack the self discipline to control ourselves.

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Inem
InemKnowledge Seeker
Asked: September 22, 2023In:

There are so many people that meet me often desperately begging me to sign and guarantee them for a loan they want to take. What should I consider before agreeing to sign as a guarantor for a loan for someone so ...Read more

There are so many people that meet me often desperately begging me to sign and guarantee them for a loan they want to take.

What should I consider before agreeing to sign as a guarantor for a loan for someone so that I would not get into troubles.

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guarantorloans
  1. spencer
    spencer Enlightened Mentor

    Before signing as a guarantor for an individual make sure you know him and are related, immediate siblings or parents or a trusted friend that have prove himself, anything outside of these is a bad deal even if they end up paying. Because whenever they need a guarantor they'll come to you, it's bettRead more

    Before signing as a guarantor for an individual make sure you know him and are related, immediate siblings or parents or a trusted friend that have prove himself, anything outside of these is a bad deal even if they end up paying.

    Because whenever they need a guarantor they’ll come to you, it’s better to not even start and get stucked, also reflect on reasons why people come to you with guarantor requests.

     

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