Post
Topic
Board Economics
Re: Small Scale Business Ideas
by
KennyR
on 16/11/2023, 22:49:03 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

You can become a reseller or sell products that are trending at that time, of course you have to survey the market where you live, what items are sold the most, then you do research and try to start it, persistent efforts will definitely produce results.
First of all we need to fix ourselves to the limit. Whether we're doing it on the regional basis or extending it beyond borders. If we're planning to establish our business then first thing is to analyse mind and the need of people. Selling the products that are trending the market will keep us active, but the competence will be quite high. As mentioned by one of the person it is always good to go with business of selling day to day needs. Also we should have the patience and the backing as it can take time to get into better profiting.