Post
Topic
Board Economics
Re: Small Scale Business Ideas
by
macson
on 25/09/2023, 15:36:35 UTC
On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?

Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.

Do you have a small business idea? or business experience? I want to hear it
There is no end to discussing business, it all depends on your passion and what opportunities you can really make good use of.  usually a low risk business is a business that is always needed by people, such as agriculture and animal husbandry, in my city there is a young entrepreneur who is quite respected, the business he is involved in is hydropnic plants (i don't really understand this) but he said in the capital spent is very small but the profit can be 5x - 7x. 
You can also try to do research in the area around you about what is really needed or will be really needed by many people around you and you have to be able to execute it quickly because it's definitely not the only one who sees that opportunity.