Quote from: Essential10 on October 31, 2023, 12:59:10 PM

Quote from: komisariatku on September 22, 2023, 02:36:11 AM

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

Since business requires investment, it is necessary to have capital before starting any business. If the capital is $100k to $150k dollar then I am sharing one business idea with you from several business ideas.
Since the countries we live in there must be some river around us. We can collect domestic crabs from the river and keep them in ponds or small ponds for 5 to 6 months and export them to foreign countries. Especially softshell crabs are in high demand. Information can be seen on various websites that these crabs are being exported to different countries at the rate of $15 to $18 per kg. The demand of which can be observed in large quantities in various countries including China, Japan, Thailand. This business can be considered as a very promising business as it has huge demand in different countries.

Before we start any business or so ever, we need to do business survey so that we can know how much we shall be spending including rentage if it is a physical business. We need to keep things in a order of importance and estimate how much we shall be spending before ever going fully into any business or investment. A small scale business can have a big challenges when we first started since that would be the time when we are to look for customers and reduce our selling price to attract customers that would patronize the business to a solid level.