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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

spencer
spencerEnlightened Mentor
Asked: July 21, 2024In: Money & Business

Is A Car Wash Business Profitable to Start?

Is starting a car wash business profitable, is there any tips a prospect of such business should know, what are the things I need to get right?

Is starting a car wash business profitable, is there any tips a prospect of such business should know, what are the things I need to get right?

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  1. Avarose
    Avarose Enlightened Mentor
    Added an answer on November 5, 2025 at 4:28 am

    A car wash business can definitely be profitable if it’s done right, but success depends on location, consistency, and customer experience. You’ll make the most money in high-traffic areas where people value convenience. Focus on using quality cleaning products, offering fast service, and keeping yoRead more

    A car wash business can definitely be profitable if it’s done right, but success depends on location, consistency, and customer experience. You’ll make the most money in high-traffic areas where people value convenience. Focus on using quality cleaning products, offering fast service, and keeping your place clean and friendly. Start small maybe with a manual or mobile setup to test demand before investing in expensive equipment. Good marketing, loyalty programs, and reliable staff also go a long way in keeping customers coming back.

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Crystal
CrystalKnowledge Seeker
Asked: September 11, 2023In: Money & Business

How did wholesalers make money ?

How did wholesalers make money  ? I know some times wholesalers act as a trader in buying and selling of goods and rarely interact directly with consumers. Explain with details about the difference ways on how wholesalers make money from their trading.

How did wholesalers make money  ?

I know some times wholesalers act as a trader in buying and selling of goods and rarely interact directly with consumers.

Explain with details about the difference ways on how wholesalers make money from their trading.

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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on May 3, 2026 at 4:24 am

    Wholesalers most money making avenue is purchasing goods from manufacturers in bulk, usually at a discounted rate. Then, wholesalers sell the goods to retailers at a higher price to make a profit. However, this price still offers a bulk discount to the retailer. They cab also make money with giveawaRead more

    Wholesalers most money making avenue is purchasing goods from manufacturers in bulk, usually at a discounted rate. Then, wholesalers sell the goods to retailers at a higher price to make a profit. However, this price still offers a bulk discount to the retailer. They cab also make money with giveaway from the producers or buying on credit to sell and make more money.

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spencer
spencerEnlightened Mentor
Asked: June 28, 2024In: Money & Business

How To Start a Bar Business in a City?

How can I start a bar business in a bar? What are the requirements of getting started in this business?

How can I start a bar business in a bar? What are the requirements of getting started in this business?

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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on August 14, 2025 at 3:14 pm

    To start a small cafe business is to find out all costs involved with starting a bar. You need to find out about the rent, initial inventory cost, utilities, licenses, ect. · Scope an area that you feel like you would need help You would need to obtain a Liquor License and other necessary licenses sRead more

    To start a small cafe business is to find out all costs involved with starting a bar. You need to find out about the rent, initial inventory cost, utilities, licenses, ect. · Scope an area that you feel like you would need help

    You would need to obtain a Liquor License and other necessary licenses so that you run it hitch free

    Trademark Your Name and Logo.. then choose the perfect location. Design Your care and do other renovations.

     

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Crystal
CrystalKnowledge Seeker
Asked: September 10, 2023In: Money & Business

What type of business can I involved myself as a student?

What business can I also involved myself as a student both online and offline to make money ? Some students didn’t depends on their parents everytime, a lot of students are searching for some easy money making ways to help themselves ...Read more

What business can I also involved myself as a student both online and offline to make money ?

Some students didn’t depends on their parents everytime, a lot of students are searching for some easy money making ways to help themselves in some certain things.

What’s your advice concerning this ?

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  1. eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on November 2, 2025 at 6:42 pm

    As a student, there are actually several businesses you can involve yourself in both offline and online that can help you bring in money. Sales of t-shirt is a very lucrative business. It does not really require much to start and the school environment is a great place to find a lot of customers asRead more

    As a student, there are actually several businesses you can involve yourself in both offline and online that can help you bring in money. Sales of t-shirt is a very lucrative business. It does not really require much to start and the school environment is a great place to find a lot of customers as well as students often buy trending T-shirts and other things.

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Carpon
CarponExpert Mind
Asked: August 2, 2025In: Money & Business

What good business can I start in Nigeria with 100,000 naira

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  1. eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on April 24, 2026 at 3:54 pm

    With today's economy, it might be a little hard to start up a business with this amount but definitely not impossible. With a hundred thousand naira, you can start up a small polo sales business. You can buy a few pieces, you don't actually need a store to startup, you can do this from the comfort oRead more

    With today’s economy, it might be a little hard to start up a business with this amount but definitely not impossible. With a hundred thousand naira, you can start up a small polo sales business. You can buy a few pieces, you don’t actually need a store to startup, you can do this from the comfort of your home with the use ot social media. Starting a small chops business is also another good business to start with this amount. 

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