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Mike Smith

Knowledge Seeker
Ask Mike Smith
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231 Questions
Home» Mike Smith»Answers
  • About
  1. Asked: August 20, 2023In: Money & Business

    Should I rent or build a structure for business?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on August 24, 2023 at 12:13 pm

    As an individual who is intending to establish a business it is therefore expected that you have the mindset of success for the kind of business you are trying to establish the truth is that you cannot determine for sure whether such business will be successful or not become successful, however in oRead more

    As an individual who is intending to establish a business it is therefore expected that you have the mindset of success for the kind of business you are trying to establish the truth is that you cannot determine for sure whether such business will be successful or not become successful, however in order to cut down losses if the business end up not being successful it is expected to start the business in a rented structure. On the other hand if you build a structure to carry out a business, but at the end of the day the business does not become successful as expected and as planned, is there for bad that you will be on a great loss.

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  2. Asked: August 20, 2023In: Money & Business

    Is it possible to operate a business from home?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on August 24, 2023 at 12:11 pm

    Being able to establish and operate a business from home is absolutely not a new thing and we should give all thanks to technology and advancement as he eats has modernised the existence of business is not only as offline method but also has online methods. Through the use of technology individualsRead more

    Being able to establish and operate a business from home is absolutely not a new thing and we should give all thanks to technology and advancement as he eats has modernised the existence of business is not only as offline method but also has online methods. Through the use of technology individuals have established online businesses through their smartphone devices or even the laptop devices and I’ve been able to earn reasonable and comfortable amount of money from it. If an individual does not understand how technology works when it comes to operating business from home then he or she can learn to do so because it is absolutely interesting and very much benefiting.

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  3. Asked: August 22, 2023In: Money & Business

    How can I identify a good investment opportunity?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on August 24, 2023 at 12:09 pm

    An individual who come and trust and investment opportunity whether online or offline should not draw a necessary conclusion that such investment opportunity is true or is going to be worth investing, moreover an individual who come across an investment opportunity must first of all carry out a feasRead more

    An individual who come and trust and investment opportunity whether online or offline should not draw a necessary conclusion that such investment opportunity is true or is going to be worth investing, moreover an individual who come across an investment opportunity must first of all carry out a feasibility study about this investment opportunity and therefore make sure that it is a kind that will reap something good and effective, one of the main reasons why a majority of individuals end up losing their money through online or offline investment is due to the lack of research or possibly in proper research. We must also make sure to discover whether such investment opportunity is a sham or a scam. Most importantly he must consider the ups and downs in investing in such kind of investment and how far will the ROI be issued to you who is the investor.

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  4. Asked: August 22, 2023In: Money & Business

    What is business budgeting and how can it be done?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on August 24, 2023 at 12:07 pm

    Business budget is basically the ability to speculate business revenue in such a way that it is been spent for the efficient and effective restocking of the business organisation especially when the business organisation have sold all its stocks to customers and clients. However during the businessRead more

    Business budget is basically the ability to speculate business revenue in such a way that it is been spent for the efficient and effective restocking of the business organisation especially when the business organisation have sold all its stocks to customers and clients. However during the business activity of budgeting it is definitely expected that the business manager of the business owner learn how to carry it well. Most times business manager usually over speculate the business budget thereby leaving the business with no remaining revenue to fall back on. However it is expected that while budgeting more emphasis should be placed on goods and services that are most likely to be purchased by customers and clients.

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  5. Asked: August 22, 2023In: Money & Business

    How to save money effectively?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on August 24, 2023 at 12:05 pm

    It is absolutely very necessary and important that an individual learn how to save money because doing so will help him or her keep his or her money and make sure to use them for deserving activities. Everyone understand that the act of saving money simply means to keep money for future activities bRead more

    It is absolutely very necessary and important that an individual learn how to save money because doing so will help him or her keep his or her money and make sure to use them for deserving activities. Everyone understand that the act of saving money simply means to keep money for future activities but what we fail to understand is that the initial activity of saving money have to do with our mindset and our ability to keep our money and make sure that it only serves the purpose in which it is been saved for. When an individual spends his or her saving money more frequently especially on things that are not necessarily important then search individual who is not saving money.

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  6. Asked: July 20, 2023In: Money & Business

    How to start a Car Wash Business

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on August 24, 2023 at 6:59 am

    Starting a car washing business is absolutely a good business idea but one of the key factors to succeed in such business idea is the environment in which you are going to establish the car washing business. Establishing a car wash in business must be done on a major Street where cars usually pass aRead more

    Starting a car washing business is absolutely a good business idea but one of the key factors to succeed in such business idea is the environment in which you are going to establish the car washing business. Establishing a car wash in business must be done on a major Street where cars usually pass and where people can see clearly that a car wash business is available here. Establishing a car washing business in a minor road where cars usually do not pass can be a bad business starting, since you are more likely to be recognised by passing car owners. However in order to grow and develop a car washing business you must make sure to give best and good quality services.

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  7. Asked: July 20, 2023In: Money & Business

    How to start my own Cake Baking Business from home?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on August 24, 2023 at 6:57 am

    Literally I need the video I will need sufficient amount of capital for that because the cost of making cake at home as a business have increased throughout the years. Individual also need sufficient channel to the market that is individuals who are going to patronize the buying of this cake. That cRead more

    Literally I need the video I will need sufficient amount of capital for that because the cost of making cake at home as a business have increased throughout the years. Individual also need sufficient channel to the market that is individuals who are going to patronize the buying of this cake. That could be done by owning a social Media account and by making use of your Facebook marketplace. An individual who carry out cake making activities at home must also focus more on quality, and must evermore be sincere to his or her customers.

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  8. Asked: August 23, 2023In: Money & Business

    How can I negotiate salary increase at work?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on August 24, 2023 at 6:21 am

    Negotiating salary increase at work can obviously be done in the right way but you must make sure to know whether you deserve it or not, you must first of all scrutinize yourself to see reasons why you deserve a salary increase from your employer or from your boss, the better your reason the more liRead more

    Negotiating salary increase at work can obviously be done in the right way but you must make sure to know whether you deserve it or not, you must first of all scrutinize yourself to see reasons why you deserve a salary increase from your employer or from your boss, the better your reason the more likely that you would win his or her interest to attain to your desire. However you must also remain confident and very much persistent in doing so.

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  9. Asked: August 22, 2023In: Money & Business

    How can we make money advertising on Facebook?

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on August 24, 2023 at 6:19 am

    Facebook is said to be one of the most worldwide social Media platform that is acceptable in most countries, indeed an individual can monetize his or her Facebook account and make the most out of it, an individual can carry out advertisement activities by being an influencer and in the process of beRead more

    Facebook is said to be one of the most worldwide social Media platform that is acceptable in most countries, indeed an individual can monetize his or her Facebook account and make the most out of it, an individual can carry out advertisement activities by being an influencer and in the process of being an influencer he or she can advertise other people’s product at a profit or at a commission, he or she can also use the Facebook marketplace which is a marketplace that brings buyers and sellers of a particular products together.

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  10. Asked: August 24, 2023In: Money & Business

    Investing in your business vs investing in other business

    Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on August 24, 2023 at 6:16 am

    They're both kind of activity he is absolutely good and necessary the reason is because an individual may have much money but yet does not know how to establish a business and manage it, however in such situation in order to boost more profit out of the money he or she has, he or she may possibly seRead more

    They’re both kind of activity he is absolutely good and necessary the reason is because an individual may have much money but yet does not know how to establish a business and manage it, however in such situation in order to boost more profit out of the money he or she has, he or she may possibly see the need to invest in other people business is at a profit in return. Successful businesses in these days are usually brought about as a result of external investors who may not be capable of establishing businesses of their own, what yes have the money to invest.

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