Hi Everyone,

Please I need your input before setting up a business. Thinking opening a provision store or phone accessories.

Got married this year on a 200k salary, and I know with time when children starts coming the money won't be enough for me.

What do you think I should go for, opening a provision store or phone accessories ?

Who will run the shop and your location?

eddynaira125:
Who will run the shop and your location?

My wife. Abuja

Provision shop is more better.

Saviourfresh:
Provision shop is more better.

Noted. Thanks

Abujacarplugs:

My wife. Abuja

Residential area or business district

Hi...

My inputs are these;

1. How scalable is the provision store or accessories store in that area, what is the probability that they'll be enough customers to give you the desired profits to take care of your growing family?

2. Have you thought of acquiring skills because in today's world... Skills are what will drive you anytime any day?

3. Have you considered digital skills... Something you can do anytime anywhere?

4. Selling Digital products is way better than physical products... In that you will always have a large market to sell to unlike provision stores where you rely solely on your existing customers.... With digital products, no rents are paid ... Your presence is not needed, you can sell while having your coffee at home unlike stores where you have to open and close daily...

This I am considering because the stores will not always be enough to sustain the family... Especially when the kids starts coming...

And the time will not always be enough to run the family and the stores... You cab ask around, those who manage these responsibilities are with regrets due to stress

So while thinking of your family's future, think long term...

Whatever your decision, I wish you success

PS: If you would love to know about other profitable businesses to start with very small capital like 100k and scale faster...

I would advise you get this FREE report and read "WHERE THE MONEY IS TODAY AND HOW TO GET IT" by Toyin Omotoso

It Outlines the 5 most profitable businesses to start with very little capital in 2022

It is a 15 paged report and you can get it for FREE by checking my profile www.naira land.com/robinrul to get it from my WhatsApp number

In the end... The decision is solely yours and yours alone.... Do what you think is right for you and your family...

Abujacarplugs:
Hi Everyone,

Please I need your input before setting up a business. Thinking opening a provision store or phone accessories.

Got married this year on a 200k salary, and I know with time when children starts coming the money won't be enough for me.

What do you think I should go for, opening a provision store or phone accessories ?

No much profit in provision,you can settle for softdrinks business