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Nairaland Forum / Nairaland / General / Business / Pls Help Me Make A Good Choice Between These Two Businesses Investment (1099 Views)
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Pls Help Me Make A Good Choice Between These Two Businesses Investment by DEmejioba1: 9:11pm On Jul 15, 2020 |
My good people on this platform,I want to seek your opinion on which business to go for between gas business on small scale I mean retail and selling motorcycle spare parts with the start up capital of 250k. Pls if you have a quick rewarding business investment that involves buying and selling with great returns,kindly share it with me. Thank you for your response in anticipation. |
Re: Pls Help Me Make A Good Choice Between These Two Businesses Investment by VEXT: 9:30pm On Jul 15, 2020 |
I will advise you to start a foodstuff business, selling raw foodstuff like rice, bean, garri and the rest... |
Re: Pls Help Me Make A Good Choice Between These Two Businesses Investment by Bola146(f): 9:45pm On Jul 15, 2020 |
Do you have experience or ideas on the spare parts? If yes, go for that. Gas stations are almost everywhere now, it's faster than those small scales |
Re: Pls Help Me Make A Good Choice Between These Two Businesses Investment by kashtanyi(m): 5:17am On Jul 16, 2020 |
DEmejioba1: Invest your funds in agency banking (pos) lots of return and your investment is safe....but register under firstmonie so you can insure your funds in case of accidental expenditure like theft or robbery.... You can also include sim registration,. With 100k you are good to go.... |
Re: Pls Help Me Make A Good Choice Between These Two Businesses Investment by SavageMaster: 10:23am On Jul 16, 2020 |
kashtanyi: How lucrative is POS business? What's the average profit the operators earn from it? What factors determine how successful a POS operator will be in his business? |
Re: Pls Help Me Make A Good Choice Between These Two Businesses Investment by kashtanyi(m): 2:26pm On Jul 16, 2020 |
SavageMaster: I can comment only on firstmonie,that's what I use...the commission is 50% from all service charge... You can also charge the customer extra as well... It all depends on how you work,location... |
Re: Pls Help Me Make A Good Choice Between These Two Businesses Investment by SavageMaster: 3:13pm On Jul 16, 2020 |
kashtanyi: Ok...thanks |
Re: Pls Help Me Make A Good Choice Between These Two Businesses Investment by uyogabie(f): 4:17pm On Jul 16, 2020 |
kashtanyi:Kindly shed light on how someone can start the POS business.Thanks in earnest. 1 Like |
Re: Pls Help Me Make A Good Choice Between These Two Businesses Investment by kashtanyi(m): 6:06pm On Jul 16, 2020 |
uyogabie: I prefer firstmonie because of their customer relationship, they resolve issues quickly... Work into any first bank,request for the agency banking form...you will be required to open a current account (#50,000)and pay an insurance fee of #5000(insurance fee is use to cover any accidental occurrence or theft in the business or pos...that #50,000 you use in opening the current will still be in the account, you can use it to trade... Its just a stipulated sum that is required to open a savings account... The pos is free... But not giving instantly..you will need to use the app for transaction for like 2 weeks..at least 10 transactions a day(it will be difficult but you just need to find a way to convince your customers ) You are paid commission(50%) on any transactions charges by the bank...... The pics I uploaded was the old commission,the new commission is 50%....
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Re: Pls Help Me Make A Good Choice Between These Two Businesses Investment by uyogabie(f): 7:29pm On Jul 16, 2020 |
kashtanyi:Thanks a lot. |
Re: Pls Help Me Make A Good Choice Between These Two Businesses Investment by bath(m): 7:38pm On Aug 16, 2020 |
How can I perform 10 daily when I don't have the pos for withdrawal transactions? kashtanyi: |
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