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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

eldavis
eldavisEnlightened Mentor
Asked: September 24, 2023In: Money & Business

what method did you use to increase your customer base?

I am currently looking for a way to increase my customer base, what’s the best way to increase customer base in business based on your experience?

I am currently looking for a way to increase my customer base, what’s the best way to increase customer base in business based on your experience?

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  1. Umumuslima
    Umumuslima Newcomer
    Added an answer on September 24, 2023 at 8:00 pm

    Best method I had adopted several times which had yield a very good result in increasing customer base is listening and making changes . In the sense that when one want to accumulate customers the best way is always to listen to their comments on what you are selling,either a positive comments or aRead more

    Best method I had adopted several times which had yield a very good result in increasing customer base is listening and making changes .

    In the sense that when one want to accumulate customers the best way is always to listen to their comments on what you are selling,either a positive comments or a negative ones .

    Then secondly try as much as possible to make them understand what you feel about their complaint and promise to work on it.

    And when you do this it should be with the best possible manner you can afford.

    Also one should also be friendly and approachable to customers as people feel more comfortable in buying good from a smiling and approachable face than  unfriendly latter . Which implies that good attitude to customers increase customer base too

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Light
LightTrusted Adviser
Asked: July 30, 2024In: Money & Business

What is Bothering You Now: Business Issues

As a business owner, you have couple of business problems to solve and you don’t know how to solve it. You have actually tried your best but no positive result. Comment on these posts and let’s find a long lasting ...Read more

As a business owner, you have couple of business problems to solve and you don’t know how to solve it. You have actually tried your best but no positive result. Comment on these posts and let’s find a long lasting solution together.

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  1. Tray59
    Tray59 Newcomer
    Added an answer on June 18, 2026 at 5:05 pm

    Am a business person what really bothering me now is inadequate customer before when I was operating my business in the old branch I use to have alot of customers but after relocation I can testify that am suffering from poor customers database.Even with proper advertising of my business and serviceRead more

    Am a business person what really bothering me now is inadequate customer before when I was operating my business in the old branch I use to have alot of customers but after relocation I can testify that am suffering from poor customers database.

    Even with proper advertising of my business and service I still don’t get enough customers so am hoping to Swift the business to a well populated areas

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eldavis
eldavisEnlightened Mentor
Asked: September 11, 2023In: Money & Business

what is the best way to create pricing strategy?

Every business owner needs a price in other to charge their customers for their goods and services. What is the best strategy in creating price for your customers and Clients.

Every business owner needs a price in other to charge their customers for their goods and services. What is the best strategy in creating price for your customers and Clients.

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  1. Avarose
    Avarose Enlightened Mentor
    Added an answer on August 23, 2025 at 2:25 am

    The best way to create a pricing strategy is to balance your costs, what customers are willing to pay, and what your competitors charge. Start by calculating all your expenses to know your minimum price, then research the market to see what similar products or services go for. Think about the valueRead more

    The best way to create a pricing strategy is to balance your costs, what customers are willing to pay, and what your competitors charge. Start by calculating all your expenses to know your minimum price, then research the market to see what similar products or services go for. Think about the value you offer if it’s unique or higher quality, you can price a bit higher. Also, be flexible and ready to adjust based on customer feedback and sales performance. A good pricing strategy finds the sweet spot between profit and customer satisfaction.

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eldavis
eldavisEnlightened Mentor
Asked: September 20, 2023In: Money & Business

what keeps you motivated when running your business?

as a business owner or entrepreneur, there are times where things might not go the way you want them to, what keeps you motivated during this period?

as a business owner or entrepreneur, there are times where things might not go the way you want them to, what keeps you motivated during this period?

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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on October 26, 2025 at 5:08 am

    There are different ways to stay motivated as an entrepreneur. The most effective ways to stay motivated is by starting the day with a clear intention, breaking big goals into smaller, achievable steps, and celebrating even small wins as you journey along daily Another is to have the Passion for youRead more

    There are different ways to stay motivated as an entrepreneur. The most effective ways to stay motivated is by starting the day with a clear intention, breaking big goals into smaller, achievable steps, and celebrating even small wins as you journey along daily

    Another is to have the Passion for your business. Many people start a business to make money from a passion. So just Centering a business around something you love can make you  do more as you would always get excited to work every day and eager to overcome challenges.

    Startinga business can help you build credibility and establish yourself as an expert in your industry.

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eldavis
eldavisEnlightened Mentor
Asked: September 5, 2023In: Money & Business

what time should a business owner resume work?

For some time now they have been a lot of disagreement on the issue of when a business owner should resume work. What time do you think is ideal for a business to resume?

For some time now they have been a lot of disagreement on the issue of when a business owner should resume work. What time do you think is ideal for a business to resume?

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  1. Crystal
    Crystal Knowledge Seeker Experience on Blockchain technologies.
    Added an answer on September 6, 2023 at 7:09 pm

    I think a business owner need to set a good examples for his or her workers by reaching working place very early. This question is very interesting, because punctuality is what fall a lot of business and it brings bad feedback from customers. When a particular workers on a business keep to their timRead more

    I think a business owner need to set a good examples for his or her workers by reaching working place very early.

    This question is very interesting, because punctuality is what fall a lot of business and it brings bad feedback from customers.

    When a particular workers on a business keep to their time that shows the seriousness of the business they’re doing. An the business owner need to be active to motivate others workers to come to work early.

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eldavis
eldavisEnlightened Mentor
Asked: September 11, 2023In: Money & Business

what are the benefits of running a partnership business

I have heard about a lot of people talk about running a partnership business, there are does who are okay with this and there are does who are not. What are the benefits of running a partnership business?

I have heard about a lot of people talk about running a partnership business, there are does who are okay with this and there are does who are not. What are the benefits of running a partnership business?

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  1. Slaky12
    Slaky12 Knowledge Seeker Cryptocurrency Engineering
    Added an answer on May 30, 2024 at 4:32 am

    Actually running a partnership business offers several benefits, including shared responsibility, access to a wider pool of skills and expertise, potential tax advantages, and easier access to capital through combined resources and shared financial burden. Additionally, partnerships often foster strRead more

    Actually running a partnership business offers several benefits, including shared responsibility, access to a wider pool of skills and expertise, potential tax advantages, and easier access to capital through combined resources and shared financial burden. Additionally, partnerships often foster strong relationships and trust between partners, which can be valuable in navigating business challenges and making strategic decisions.

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eldavis
eldavisEnlightened Mentor
Asked: September 19, 2023In: Money & Business

how can a team from and maintain a good relationship?

Its one thing to successfully create a team for your business or project, it is another to be able to maintain it. How can one successfully maintain a good relationship with the team?

Its one thing to successfully create a team for your business or project, it is another to be able to maintain it. How can one successfully maintain a good relationship with the team?

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  1. Light
    Light Trusted Adviser
    Added an answer on September 19, 2023 at 7:08 pm

    A successful team partnership requires clear communication, respect for one another, and common objectives. Encourage honest and open conversation to solve problems quickly. Encourage teamwork and appreciate teammates' contributions. To reduce disagreements, clearly define roles and duties. Spend moRead more

    A successful team partnership requires clear communication, respect for one another, and common objectives. Encourage honest and open conversation to solve problems quickly. Encourage teamwork and appreciate teammates’ contributions. To reduce disagreements, clearly define roles and duties. Spend money on team-building exercises to bolster ties. A friendly environment, regular feedback, and appreciation all help to create a successful team dynamic that lasts over time.

     

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eldavis
eldavisEnlightened Mentor
Asked: September 12, 2023In: Money & Business

biggest challenge employees face and how to overcome it.

Every business has its own challenge. While the business owner might be faced with certain challenges, the employees also have their own challenges such as meeting up with deadlines or creating a balance between their work life and business life. ...Read more

Every business has its own challenge. While the business owner might be faced with certain challenges, the employees also have their own challenges such as meeting up with deadlines or creating a balance between their work life and business life. What was the biggest challenge you faced or you are currently facing as an employee and how do you over come them?

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  1. Inem
    Inem Knowledge Seeker
    Added an answer on July 23, 2024 at 1:10 am

    Being an employee and working in a high pressure industry can be quite challenging to an employee. One major challenge that employees face is taking the fall for failure of the business leadership and being put under pressure for those same failures. Materials and mobilisation for a task would be reRead more

    Being an employee and working in a high pressure industry can be quite challenging to an employee. One major challenge that employees face is taking the fall for failure of the business leadership and being put under pressure for those same failures. Materials and mobilisation for a task would be released quite late and the employees are expected to work magic to meet up with datelines within a short period. That could be very demoralising.

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eldavis
eldavisEnlightened Mentor
Asked: September 11, 2023In: Money & Business

Is there a thing like overcharging your customers?

When it comes to running a business, each and every business owner have different prices. Some might be cheaper while some might be a lot more expensive. Is there a thing like over charging your customers for your services?

When it comes to running a business, each and every business owner have different prices. Some might be cheaper while some might be a lot more expensive. Is there a thing like over charging your customers for your services?

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  1. Ramolak19
    Ramolak19 Knowledge Seeker
    Added an answer on September 11, 2023 at 3:58 pm

    See when you purposefully or unintentionally charge your consumers more than the agreed upon or reasonable price for a good or service, this is known as overcharging. It may harm your reputation, result in disgruntled clients, and even have legal repercussions. Transparency, honest pricing, and fastRead more

    See when you purposefully or unintentionally charge your consumers more than the agreed upon or reasonable price for a good or service, this is known as overcharging. It may harm your reputation, result in disgruntled clients, and even have legal repercussions. Transparency, honest pricing, and fast correction of any billing issues are all components of ethical business practices that help you keep the confidence and credibility of your customers.

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eldavis
eldavisEnlightened Mentor
Asked: September 17, 2023In: Money & Business

Is it wrong for a guy to sell makeup kits?;

Recently there was an issue in my area. A guy wanted to start up the business of selling makeup kits but his family was against it. Their only reason was that his choice of business was a lady’s business. Do ...Read more

Recently there was an issue in my area. A guy wanted to start up the business of selling makeup kits but his family was against it. Their only reason was that his choice of business was a lady’s business. Do you think its wrong for a guy to sell makeup kits?

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  1. Esther012345
    Esther012345 Newcomer
    Added an answer on January 4, 2026 at 5:26 pm

    No, it is not wrong for a guy to sell makeup kits. Selling makeup is a business activity, not a moral or gender-based issue. Business is about identifying demand and providing products or services that people need. Makeup is widely used, and anyone who understands the market and customers can particRead more

    No, it is not wrong for a guy to sell makeup kits. Selling makeup is a business activity, not a moral or gender-based issue. Business is about identifying demand and providing products or services that people need. Makeup is widely used, and anyone who understands the market and customers can participate, regardless of gender.

    In today’s world, many industries are no longer limited by traditional roles. Men work successfully in fashion, beauty, skincare, and cosmetics as entrepreneurs, marketers, and professionals. What matters most is knowledge of the product, honesty with customers, and good business practices. Customers usually care more about quality, price, and trust than who is selling the product.

    Social perceptions can sometimes create pressure or criticism, but these opinions do not define success. People who challenge stereotypes often face resistance at first, yet they also help change outdated thinking. Confidence and professionalism help overcome negative assumptions. Over time, consistent service builds respect.

    From a business perspective, selling makeup kits can be profitable if done correctly. Understanding customer needs, maintaining good hygiene standards, and offering genuine products are more important than gender. Marketing skills and customer relationships play a bigger role in success.

    It is also important to consider personal comfort and values. If someone feels confident and comfortable in the business, outside opinions should not discourage them. Every legal and ethical business deserves respect.

    In summary, there is nothing wrong with a guy selling makeup kits. Business success depends on skill, integrity, and effort, not gender. When someone focuses on providing value and serving customers well, they earn credibility regardless of societal expectations.

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