Small Scale Business Ideas

[komisariatku]

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

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[Don Pedro Dinero]

The best idea for a small business is a field that you know a lot about or are passionate about. Let's say you are a fan of collecting exotic animals and it has been just a hobby for you so far, you can open a shop for example. Or a website, or both: a shop with an online shop as well.

I don't think it's going to be very successful to read about a small business idea here on the forum and set it up if it's not in a field you know a lot about or are passionate about. It's not impossible but the odds are low, as a small business requires a lot of time and dedication, especially in the beginning.

However, to start investing we need capital. How do you find capital for investment?

Especially for a small business the start-up capital should be minimal. Trying to start with a very high initial investment, especially if you resort to loans, increases exponentially the risk of not succeeding because you will need much more time to become profitable, and in the case of taking loans you increase the fixed costs.

[naira]

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

Why do people whose dreams want to look for low risk but with big profits. In terms of running a micro or macro business, the greater the risk, the greater the profits obtained, as well as appropriate. But it doesn't rule out the possibility that there are other options out there that suit what you are looking for. It's just that if we need to calculate the percentage of each large profit, we will generally determine the risk to be greater.

There are several tricks that you might be able to use, but they still require research. For example, you have to monitor sectors that have the potential to become a business in your neighborhood. By utilizing available resources and processing them into a mixture with a large turnover. However, capital is still capital, starting a business is not just an idea if its implementation is not accompanied by the ability to distribute the results of the product, such as looking for suppliers. Both small and large businesses all need careful planning and are able to target long-term guarantees.

[noorman0]

Digital services are a business with minimal risk and small capital (no need to procure new inventory), for example design, printing, bill payment services, and many more. If you live in a remote area where there are not many advanced users of digital devices, this kind of business is definitely sustainable.

[stompix]

How do you find capital for investment?

You go to a bank! Ironic, isn't it?

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.

So we have
-low risk
-promising profits
-passive income

In short, let's talk about unicorns and carebears!

Why do people whose dreams want to look for low risk but with big profits.

Because nobody wants to lose money, work their ass for and not become rich in 1 year, the same reason most of those businesses fail in the first years as everyone is daydreaming while making their plans.

I've seen hundreds here on different topics claiming how agriculture is successful, how it can save a country from recession, how is a guaranteed win, how everything and when I tell them you need to work your ass all day, all year with no holiday except winter, difference between Wednesday and Sunday for something that might end with a profit margin of under 10% (profit not operating profit) by the end of the year they all act surprised.

If you live in a remote area where there are not many advanced users of digital devices, this kind of business is definitely sustainable.

Who is going to need these services in a remote area that usually comes with 100 or 20 people living in a village?
And how are you going to make a living out of this?

[PytagoraZ]

Do you have a small business idea? or business experience? I want to hear it

One business idea that can be done with relatively small capital and is quite promising is opening a roadside food stall. As far as I know they can take profits of up to 200% of capital. Quite promising, especially if it can be developed and has many branches. The risk is that if your food doesn't sell, it will go stale and can't be resold

[michellee]

You can start a small business via the internet if you are familiar with using the internet. Many young entrepreneurs start their businesses via the Internet. They try to become resellers of online stores or dropshippers and upload videos via Instagram, TikTok and other social media.

They almost do not need capital except for an internet connection found in many places. They upload video reviews about their products, provide discounts that their stores get, and more. They can get endorsements from advertisers, which means they can earn income. It all depends on each person's creativity, so if you can be more creative than others, you can have the opportunity to earn income.

And don't forget to get a lot of followers because that is one of the keys to success in marketing products via the Internet. But if you want to open a small business offline, you need capital. You can borrow capital from the bank or your budget to be safer.

[HONDACD125]

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

Many businesses can be started on a small scale.I have seen many people start business with small capital. Very few people will see you who have started a large scale business from scratch. Majority of people have started a small scale business, and then grow the business and expand the business further. I have seen a rice seller on a cart, who now has many big branches in different parts of the city. From where he gets a lot of income and many people's jobs are also associated with him.


You can start a small scale mobile and parts business, start a small cosmetics business. A small -scale electronics and electric parts business, which is often used at home, can also be launched,and it can earn good income. Investment can also be made in the small -scale agriculture sector, as agriculture is also a good way to make a profit, and various commodities are also our daily needs. A small scale solar system business can also be started, as the solar system is now becoming a need for every home.However, if you start a small business in keeping with the needs of your area, a good profit can be achieved from a small business.

[CODE200]

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

Most of the time, people find their capital through loan money but sometimes this is only for people with a large scale businesses. On my case, my capital came from my savings because it is only a small scale business and at that time, I was only exploring and I just wanted to have an experience. I remember my first business back when I was in high school, it was an online business and I sell different clothes. I also did reselling perfumes and scented candles. At that time, and as a student, it was such a satisfying feeling because I am earning money at such a young age. And if you are just like me who was just trying and exploring the business industry, it is not advisable to loan money from banks and such because it's risky. So, if you just want to experiment, it's better to build your own capital through your savings and start from small scale business to build experiences. And by that, you can transition from a large scale business if you think you already can and is now equipped.

[Ayers]

Do you have a small business idea? or business experience? I want to hear it

One business idea that can be done with relatively small capital and is quite promising is opening a roadside food stall. As far as I know they can take profits of up to 200% of capital. Quite promising, especially if it can be developed and has many branches. The risk is that if your food doesn't sell, it will go stale and can't be resold

Street food business or street vending is also an idea that I want to mention. For example, in my area, the total cost to open a sidewalk snack bar would be around $1k$-2k$. And if we business smoothly, the profit will be about $30-$50/day after deducting all costs. The profit margin is quite impressive, IMO. This is a business model that many people do not think about because they think it will not bring good profits, but in my opinion, its revenue will be more significant than the revenue of larger restaurants in the same field. Not to mention, the risk is quite low if we fail, unlike opening a large restaurant that will cause more serious damage.

[Rruchi man]

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?

Capital can be gotten from your savings if you have any, if you do not have savings, then you can start saving for a target business to start. Capital can also come from grants, when you have a really good business idea, if you are able to organize it well into writing with a clear strategy to make profit, you can get an Angel investor.

Digital services are a business with minimal risk and small capital (no need to procure new inventory), for example design, printing, bill payment services, and many more.

There are still risk in the businesses that you have mentioned and they may not be minimal. For printing for example, if you are able to get a big printing deal that should be profitable to you and you make mistake in the printing or it does not come out well from machine, you will spend extra, sometimes even your profit in trying to correct the errors from the job.

[ChuckBuck]

Everyone is always looking up at the big picture, but the grassroots is where the real game starts. In a rapidly changing geo-economy, underestimating the power of small scale business can be our downfall. You want capital? Start local.

Take local produce, for instance. A grocery delivery service that sources directly from local farmers ensures quality, freshness, and cuts out the middlemen. With the ongoing shift towards health-conscious choices, you get yourself a market ready to tap. Couple this with the inevitable rise of digital currencies like Bitcoin, and you could even offer discounts for those paying with cryptos, aligning yourself with the future of finance.

[bayu7adi]

If you're referring to low-risk, low-capital business suggestions, I have one perspective on that.

In line with the current digital age and the prevalence of free shipping, I recommend considering a career as an online seller, particularly on e-commerce marketplaces. As for the product category, I would suggest focusing on handcrafted goods that are available for pre-order. This means you won't have to invest money until you have confirmed buyers.

Becoming a reseller is also a viable option. It provides valuable experience in selling products, which can be highly advantageous when you eventually have your own products. Progressing in a sales career is also quite promising, as this role plays a pivotal role in contributing to a company's revenue. No significant capital is required; you just need to sell other people's products to make a profit.

[Bd officer]

.......
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

All businesses, big or small, are risky. To do business you need to have knowledge and good talent. OP you can start grocery store business with little capital. Risk is also less in small capital business. People's daily necessities can be kept in the store. You can start with small capital first, if you can profit later. You can invest some of the profit in Bitcoin. Which can be positive for you in future. Investing in Bitcoin can help you grow your business.

[BigBos]

Do you have a small business idea? or business experience? I want to hear it

I am also looking for a business option like this that is affordable by relying on some skills, one of which is utilizing social media sources in marketing. At present there is no way that is impossible for minimal capital, but the profits can be quite promising. In one of the social media I have done an experiment to open an online shop, but based on the experience of sales of the product only rests on the trend so that it cannot last long. It doesn't matter while entering the time in the trend is quite significant I can still make a profit of more than 70%.

[legendbtc]

.......
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

All businesses, big or small, are risky. To do business you need to have knowledge and good talent. OP you can start grocery store business with little capital. Risk is also less in small capital business. People's daily necessities can be kept in the store. You can start with small capital first, if you can profit later. You can invest some of the profit in Bitcoin. Which can be positive for you in future. Investing in Bitcoin can help you grow your business.

I once opened a grocery store for my wife and I can say that it was quite hard work and did not bring much profit. As for capital to open a grocery store, it depends on the scale, it is not a small business model, you can expand it to a large scale if possible. With a small store size, importing goods in limited quantities will prevent you from getting a better price than a larger store, thereby leading to very low profits. Not to mention, many items will expire very quickly and liquidation at small stores is very difficult and not as convenient as supermarkets...There are many issues that need to be resolved if you intend to open a grocery store, so you should consider carefully.

[EluguHcman]

Normally before taking a high risk in an investment, you must have beaten the the section of low risks otherwise it would be too broad and more risky to be handled.

Now talks about what minimum investment recommendable to venture on with a low risk and capital raise.
Firstly the conciousness of your job termination as an employee should always trigger your financial faculties in order to be creatively established and venture into something personally productive (investment).
Meanwhile... No investment is minimal and no investment is a maximum other than the risk rates.

However, I am not to categorically state a particular amount as a capital to start up a business but I would recommend a "Bitcoin Investment" because it has it has no defined minimum amount for a kickstart.

Hence... It is a decentralized trading exchange that has the potentials to yield profitable incomes (lucrative) with no risk other than your patient and your focus in the market.

Alternatively, you can also be a prosperous investor in Bitcoin investments by>>>
* Free Mining on airdrops.
* Cloud mining where sites also provides you with free bitcoins.
* Staking a staked amount  in your wallet with a target of time.

Conclusion>>> Bitcoin investments is a reliable and lucrative source of income that is opened to trade on with any amount with a maximum of lower risk that only demands your patient.

[Chilwell]

However, to start investing we need capital. How do you find capital for investment?

To start a business we need money and how do you get the money to start this is very simple, now you have idea of what you want to go into, first of all you have to go to those that are into that business and learn it every well know in and out of it, this am advice you is a difficult way and the process is very long, it all depends on you, serve as a boy to them, be loyal to them, respect them, in fact make sure they like you, that is when they will decide to trust you and send you anyway, but remember anything they are giving you try to save it no matter how small it is because that little you are saving will set you free one day.

Have all this knowledge is the best for someone who don't have money to invest because if you are lucky someone with money and idea will call you later or you can go and meet the person to convince the person about the business and the profit involve and also the risk involve. The reason I said you should save it a smart person will ask you how much do you have now, after you showing the person and the person is impress with your money them you will have the person support.

[xSkylarx]

Youll start by saving or taking a loan for capital, but it is preferable that you save and while saving youll be conducting your own feasibility study to check if your business will be good in that area. Planning is crucial to making sure that your business will be successful.

Food business is really what I have been planning because I have noticed that in my area there are only a few food establishments and I would say that food is not good so having a good quality small restaurant is better both to sell food and to have dine-in customers. It is just a simple restaurant so my capital is small and later on if it is good I will just renovate it to be bigger.

[dothebeats]

There are a lot of ways to earn the money needed for the capital of an investment you wish to take part in. One of the simplest and most obvious answers is a business that you already have knowledge about or are passionate about as it gives you the background you need in order to at least know the basic dos and don'ts of that business. Another one is a business wherein you offer your services instead of products, aside from not having a big capital needed for this kind of business it will only require little to no manpower which will save you a lot of money. However, it is always best to remember that even in conducting businesses, whatever it may be, there will be risks hence it is best to always have a proper plan that will be the foundation of your decisions and actions.

[Lanatsa]

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

Neither business or investment which it is really just the same in overall essence then of course it would really be needing capital. Less risk? No it is really just that the same with those bigger ones or capitals because losing money would really be still that the same whether big or small. It is really just that they do only differ on how big or  small the business is or on how long or short you would really be able to reach your ROI
but we know that business ideas or tending to make or build one is never been that easy.Why? The market is already that bit saturated and if you arent really that thinking for something new or having those new offerings then you wont really be able to succeed yet you wont really be getting some marketshare due to lack of recognition.

For me, im not saying that this is a small scale but i have started my own piggery business which starts up with 15 heads which taking up the fattening path then it is really that costly
or something that not ordinary person would really be able to handle and this is why it would really be varying on your financial capabilities because not all would really be having that
kind of opportunity on doing so.

[Iroh]

The most common way of seeking out capital for a business is heading over to your local bank with your business proposal. Banks are always interested in opportunities to make more money for themselves and giving out loans has always been a good avenue for that. Banks are also quick in recognizing applicants with little to no prospect of paying back loans.

In my opinion, low risks would naturally lead to low profits if any as high risks would lead to high profits if any. A low risk investment just cannot bring that promising profits we all seem to want.

It’s much better to start a business doing what we love and enjoy. But it’s just not realistic for everyone to create and start up a business out of what we enjoy doing. So a good idea in my opinion, is to create or bring closer a product or/ service needed but lacking in your environment. Having a startup also isn’t an easy feat as there is always work to be done. With very limited manpower, the bulk of things to be done would fall on you.

[Adbitco]

I think low risk business or small businesses depends on the country you are coming from, but to minimize risk you can involved self with a self delivery business.. let say you sells clothes online and when people orders for it they pay then you either delivers to them through the delivery services or you can deliver them yourself to their various locations.

 Then another you could do more is about your field of study, for example like those who studied computer engineering they can get themselves employed and reduce risk by offering services to people to maintain their computers at home or you can get a shop for that and people starts coming to your shop to repair their computer and smartphone if that is possible in your country, in my country I have seen many people are into such business and they are making and the risk associated to it is likely zero because they hard nothing to lose at long the line.

Next is farming, it has a very low risk and low capital for a starter the thing is it requires those who studied agriculture ( let's say fishery, poultry) or any other courses can go in this business what you need is a space (empty land) to set up, with this the chances of lost are also minimal. So this are other ways to seek capital then you can invest in a huge business with funds generated from those business.

[mindrust]

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?

Finding capital is a tricky subject. You have a few options here.

1- Borrow money from banks
2- Get a job and save money
3- Inheritance (have a rich family)

You should have taken advantage of the low interest rates but now that time is long gone so borrowing is not really an option anymore.

Getting a job (or freelancing) is the only way now and unless you are skilled in something, you won’t go too far there.

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.

Building passive income is easy if you have the capital. Bonds, dividends and real estate… There isn’t really any other real option there.

Do you have a small business idea? or business experience? I want to hear it

It seems to me you don’t really know what you want. Do you want to start a business or do you want to build a portfolio that brings passive income? Do you have any capital, do you have any education?

What do you want to learn from us exactly? Do you want us to tell you our business secrets?

You didn’t give us any information about you so we could work with it.

[spectre71]

Going to highly depend on your area. For instance I live in a town of about 110,000. A cupcake shop opened up and it didn't last a year, too specialized for smaller population. The one in the big city appears to be thriving.

My next biz will be something I do alone and at home. Too many problems with storefronts, employees and partners.

-Property management.
-Real estate
-CPA
-Hand crafted patio furniture.
-Pool cleaning.
-pressure washing

Personally I wouldn't try to sell things that one can get online through Ebay or Amazon. In my mind that would be a service business.

 EDIT: I would consider just getting a second job and invest a portion in BTC. Building a small company and servicing a loan is a huge burden, almost insurmountable. IF anyone gives you a loan the rates are going to suck.

[TheUltraElite]

Availability, Behavior and Communication are the ABC in running a small scale business - the three are good general traits and are applicable in many other aspects of life.

One needs to identify a niche which might be deficient in a place and start their business with that in hand. Capital originally comes from their own pocket, maybe loan from banks and then if they manage to scale the business well, public offering of stocks and so on. It is a long term thing and it need a lot of labor from the side of the owners.

Its not easy and its not for everyone, patience is important and so is a backup mode of money making because this will take time to develop and grow.

[livingfree]

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

Finding a capital for investment is on you. You don't make a business and then get the capital from others unless you're a crowdfunder and you really are good at it.

But as a small startup, it's best to just start with the money whatever the amount is on your pocket. I've got a lot of ideas and I've got business experiences.

They're all roses if you know what that does mean. They're like beautiful and success but also there were thorns. If it's about business ideas that you are wanting to have, you can search on the web and you'll see tons of it and what suits you. That's what I did before.

[Razmirraz]

You can look for small-scale business ideas in places where families often visit on weekends, people who often spend their time working in government and private agencies will take their wives and children on holiday to tourist attractions like Dufan or to the beach. There you can often find several small traders who can inspire you, on average their goods are sold out, especially those selling snacks such as ice cream, roasted corn, French fries and snacks that are most popular with children.

Small businesses like this are often considered trivial, but they can reap big profits. You can try one of the small business ideas with limited capital to start building a business empire in the future. When you have sufficient capital from the results of the business you run, you can invest by opening a branch in another place by hiring several employees. Even though you don't work, money will still flow into your pocket from the investment results you made.

[Mpamaegbu]

How do you find capital for investment?

That would depend on individuals, of course. The last place I want to go get capital (whether for investment or anything else) if I can't raise it myself, is the bank. I hate those loan sharks. They're worse than Shakespeare's Shylock as portrayed in The Merchant of Venice in today's reality. Yes, I know that some people's first place of call to raise cash is the bank while it's a no-no for me. Different strokes for different folks.

Do you have a small business idea? or business experience? I want to hear it

You should try poultry business. Do both meat (broilers) and egg chickens (laying birds) and then make your pick between the two to emphasize your choice if you've to pick one of them. You can do both if you've the capacity, anyway. Start small in a rented apartment and then grow it from there. That's for offline investment. If you want to go online, consider trading – Cryptos, FX, Indexes, and Stocks.

[Smartvirus]

Do you have a small business idea? or business experience? I want to hear it

It almost feels as though your asking for proposals of which you would like to invest in when you say, you’ll like to hear it.

Anyway, you have to understand that business ideas do thrive in one region more than the other which depends on the available resources and if the services to be provided is a much need one. In the search for ideas, you could do a survey within your locality, search within yourself to determine what service your not sufficiently getting and what it takes you to satisfy such service.
Then you can do a survey on it and keep options open for more ideas.

One business that has proven to stand through time is the good business. Humans can’t do without food and as such, your sure to sell. You could as well provided what is more common in an area within an area of scarcity. Local importation and make money off it.

You mustn’t always need your own capital to start but, if you do, then it’s okay. You can serve as an intermediary but, never connecting your buyers with your supplier. You make the connections by becoming the chain link and make money off it. It’s not that simple as presented but, it’s achievable.

[puloweh555]

Do you have a small business idea? or business experience? I want to hear it

Capital other than nominal. Mental capital, honest capital, confident capital, prayer capital, calm capital. Always think positively, don't assume there are competitors so that your mind is focused and calm with personal goals. Allah cannot be wrong in providing all sustenance, there is a measure of whether it is fast or slow. The most important thing to emphasize is to be confident and keep trying. Because when starting a business, action is the key to success. As much as possible, avoid planning for too long or thinking about excessive details. Start acting with what is available and slowly expand according to the time and resources we have.

Coincidentally, my sister and I have started a small business, namely a grocery store and online sales, with the above determination to increase our confidence and knowledge in managing a business that started with small capital. Hopefully it will continue to grow and be a blessing always.

[|MINER|]

Everyone should start their business with a small business.  As the amount of capital is less in small business, also  the amount of loss is less .  No one wants to suffer financial loss.  So it is better to invest less in the beginning of the business.  As a small business you can grow vegetables.  It is in demand every day.  It is possible to be profitable if cultivated in the right way.  There are also online based businesses.  Nowadays People are turning towards online. If you want you can start business online with small investment.  The beginning is a bit difficult but once you get the business up and running you will never look back.

[Abu-Naim]

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

Small-scale businesses can be started without capital if you have a smart phone that has access to the internet and positive-minded people in your contact list.
Social media like WhatsApp, Twitter, Instagram, and others have provided means of earning money through advertisement. You can advertise clothes, shoes, and other things on your social media handle for people to see in your contacts. If anyone is interested, you can get it for them and get a small profit from that. If you continue doing that, you can also own a brand and keep growing your business.

[Lorence.xD]

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

Most businesses are actually started from low scale businesses first before achieving the large scale one. Well we could say that all of the investment that you're going to do in business will always be included risk. But for me, I'm thinking of building an airbnb rental business since I have properties that are near tourist spots, which I think it would be a success. To be honest that business would be needing a huge capital since you'll have to think of the equipment and tools first. But for low scale maybe selling foods as a vendor would do good as logn as you know your target customers. Always know your place if it's a good spot to start a business plus if you want to boom your sales, include social media as your advertisement.

[Dunamisx]

Most of these giant business we are seing today have once existed as a small scale and medium enterprise, but the owners work on developing them to what they have become today and we are also expected to build up our business idea to something tangible that can serve them a global benefits and last long, we have to work on the little idea we have today because it may turns out the big business development or establishement we wanted to see tomorrow, this will also help others depend on us through what we offer the economy.

[molsewid]

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

This comes from my real life experience. I join my friends in their plan to create a Digital Agency but we don't have capital to buy softwares and other things, what we do is we market ourselves it means we market our skills and that is the first capital that we used. By doing that everyone could have share in funding without  really spending something , other thing is you can start getting clients and ask for upfront make sure that you have a contract and invoice ready.

[Captain Corporate]

I always liked the small product ideas a lot, not that I would ever do it because ti would be incredibly tough to get into, but it is also very fun in my mind even if I do not do it. Doesn't matter what it is, you could make usb's and sell them, you can make shirts and sell them, you can make 3d printer stuff and sell them, it doesn't really matter what it is, I just feel like we are talking about something that is small and that should not really ybe a big cost to you when you are building. When you do that, it becomes very fun to handle something like that and it all just leaves it to being able to sell it or not. That is why I believe that it would be "fun" but its hard to sell so I do not get involved with them.

[Cling18]

I grew up with my parents having a small business as our source of living. I must say that it wouldn't grow  that easy and there will be different challenges along the way. We've experience bankruptcy many times but the good thing is we're able to conquer everything by taking each business failure as a lesson to correct our wrong decisions. When we have lost our capital because of financial issues, we borrowed from a family friend but my parents has been very skeptical and strict in budgeting and tracking the profit and expenses to monitor if the business is growing. Through the years, we've faced trial and error phase and fortunately, after several years, we're able to make our business grow despite all the hardships. I could say that that businesses no matter how big or small it is won't succeed over night. It has a lot of challenges to conquer for us to reach our business profit targets.

[Bananington]

Do you have a small business idea?

Small business ideas with little risk but good profit will expose you to positions that you must be willing to put yourself in to make the leanest profit to save up for a better business. There are small business you can start with very very little things that you are good at. Something like gardening, dog walking, cleaning jobs, House sitting, errand jobs, can be low risk jobs where you do not need to invest so much into before you can start. These are the smallest scale businesses I can think of.

[DVlog]

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

The bank is the best option for a loan, and if you don't want to take a loan, then sell your assets.

The bigger the investment, the higher the risk. If you want to start a small business, then I would say to be aggressive and take a lot of risk. If you go broke for this, then do it early so that you can rebuild.

If I have a small business idea, why should I share it with you? I would do that myself.

[salad daging]

Of course, I save money from my paycheck every month, but at the moment I don't rely on banks for capital because I need collateral.

I think someone has a way with the small business he started, I myself opened a small shop on the side of the road is quite promising in the long run even though the income is not large but I can survive until now because there are several ways how to keep going in the business he runs.

Even we ourselves can start on the internet by selling online / shop I think it's a promising business that has seen some people succeed in it.

[el kaka22]

I would guess saving some of the money aside from your salary IS the small scale, if you do that then you can grow it to larger amounts. Put some of the salary aside every month, and then after a few years you already have a good money saved aside, plus add in that bitcoin will increase in value as well which would result with you having a lot of money.

I know that plenty of people end up not having any type of situation that would be different, but it could also result with something that would be profitable for not just now, but for the future. Small scale business ideas are not that easy, because they do not require much capital, so they are tested by a lot of people who already made a name for themselves.

[Mahanton]

Of course, I save money from my paycheck every month, but at the moment I don't rely on banks for capital because I need collateral.

I think someone has a way with the small business he started, I myself opened a small shop on the side of the road is quite promising in the long run even though the income is not large but I can survive until now because there are several ways how to keep going in the business he runs.

Even we ourselves can start on the internet by selling online / shop I think it's a promising business that has seen some people succeed in it.

There are some bank loans which it doesnt really requiring up some collateral just like with those personal loans which you could really be able to apply. The main thing on why i do really like on taking up some loans on banks is that they do really have that lesser interest which is compared into those lending companies around and to some people who do ran off some lending business on which interest is really just that too tight on the neck.
Just like me on which i did able to get some bank loans without collateral and i have been using it for making a small pharmacy with some mix of groceries which is really that a known business here in out country
on having those mini pharma and groceries which i did make out some studies too in basing up into its location. Its true that even though these things or business are just small but at least it is really that
helping us out on our day to day expenses on which it would really be making ourselves that be able to sustain or survive. Im that a big of being confident considering that income that this business of mine
could really be able to pay up on the amount that i need to pay on month to month basis.

[serveria.com]

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

Passive income is a myth. No business guarantees a truly passive income. Some effort is still necessary to run any type of business like for example many people think that renting out an apartment or a house is passive income. I'll have to disappoint you - that's not true.

[salad daging]

Of course, I save money from my paycheck every month, but at the moment I don't rely on banks for capital because I need collateral.

I think someone has a way with the small business he started, I myself opened a small shop on the side of the road is quite promising in the long run even though the income is not large but I can survive until now because there are several ways how to keep going in the business he runs.

Even we ourselves can start on the internet by selling online / shop I think it's a promising business that has seen some people succeed in it.

There are some bank loans which it doesnt really requiring up some collateral just like with those personal loans which you could really be able to apply. The main thing on why i do really like on taking up some loans on banks is that they do really have that lesser interest which is compared into those lending companies around and to some people who do ran off some lending business on which interest is really just that too tight on the neck.

What I know is that banks always ask for collateral even if it's a personal loan, for example if we apply for a loan to the bank but will research ourselves whether we have income or assets, if we don't have anything mentioned above then the bank will not give a loan.

That's what I know: maybe some banks in other countries are different they can approve loans without collateral but on the other hand banks will not give loans just like that.
There are some private loan companies but they have higher interest rates than banks, but I have never tried them only heard from some people.

[bestcoins1]

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?

The way to find capital for investment is not much different from the way every person continues to look for money for their life every day. This means that if what you are asking is about capital for investment, that means it is about money that will be used as the main capital or basic capital to start investing. And I think you yourself already know how because it is related to how everyone earns money for their lives and for the needs they need.

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

If you want to know about small businesses from the experience of one person or several people, I think you need to try a small cafe business on an urban roadside with more than two kiosks. Because I see that these small cafes sometimes have a better turnover than big cafes, although in general it is not comparable. But if their turnover numbers are not much different when seen in numbers, that means a small cafe is not bad to be used as a small business for everyone.

[khiholangkang]

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

Very interesting to discuss here, when talking about business in this real sector depends on the situation and conditions of your environment, for example in my environment today the average person in my area has a busy work time from Monday to Saturday they are full work every day every day And do not have time to clean the house and clothes for one week they use.

The business idea is that you open a laundry as an alternative place for people to wash their clothes, I do not need to use a large cost in starting this business.

Logic that can be applied to read low risk opportunities and promising benefits, not large but sustainable is (see the habit of problems in your environment that has long-term solutions). Included in the digital world, the basis of logic is to understand the points I mentioned above.

Speaking of small capital, I cannot clearly describe this because it is relative and subjective, everyone has a different condition from his finances.

[panganib999]

I don't think it's a problem that you need to trouble the whole forum with. investing and finding ways to invest is what we do best, how to get there should be something of your own volition and something that doesn't need to be asked to the peeps here. In any case since it's already here anyway and I really want to help you get that capital for your business or whatever.

if you're looking to find the capital for your business, employment is the key. You can't start a business through another business without getting the proper capital for both first. And the only surefire way you could ever hope to achieve this is nothing else but through finding a proper job. Once that's settled, always allot a portion of your salary towards your savings before expenses and leisure, slowly but surely and depending on how much you get paid, you'd be able to earn the capital you need to start your business eventually.

[serjent05]

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?

There are ways to find capital for investment, the most common is saving, looking for extra source of income so that we can easily save money for investment.  Another one is taking a loan.

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

If you are talking about passive income, you can invest in things that give a percentage of profit over time.  But I think it contradicts when we talk about founding a business since business requires active participation.  Unless you are able to franchise your business, then the passive income would be hard to realize.

A small business idea,

online selling
neighborhood sundry store
meat shop
cafeteria
street food or food cart

[Fiatless]

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?

The surest way to get capital to establish a business is through personal savings. Another means is through the sale of personal belongings. Securing financing from banks or other credit firms is not guaranteed and the process can also be very complex.

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.

All businesses have risk which is why it is better to start small and gradually grow the business. Also the greater the risk the higher the chances of making more profit.

Do you have a small business idea? or business experience? I want to hear it

My business idea is relative to my environment.  We have been experiencing shortages in waste disposal services. Starting up a firm that will engage is waste collection and disposal will not be a bad idea.

[bitLeap]

I don't think it's a problem that you need to trouble the whole forum with. investing and finding ways to invest is what we do best, how to get there should be something of your own volition and something that doesn't need to be asked to the peeps here. In any case since it's already here anyway and I really want to help you get that capital for your business or whatever.

if you're looking to find the capital for your business, employment is the key. You can't start a business through another business without getting the proper capital for both first. And the only surefire way you could ever hope to achieve this is nothing else but through finding a proper job. Once that's settled, always allot a portion of your salary towards your savings before expenses and leisure, slowly but surely and depending on how much you get paid, you'd be able to earn the capital you need to start your business eventually.

Capital is one that cannot be forgotten to start doing business, even if it is a small business. Yes indeed, one of them to be able to get capital, one of them we have to work first with a decent salary of course. But working alone does not necessarily solve the capital problem, but we also have to be good at managing the money we make from work well, and start to collect it which we will then use as capital.
Unless we are born rich, maybe it will be easier, especially if our wishes are supported by our parents. But not everyone is born lucky like that, and that is the point of our conversation.

[Lorokan]

Do you have a small business idea? or business experience? I want to hear it

I made similar comments a day ago about the basics we need to solve, attend to that makes us identify the true business idea; so i will share it in quotes.

There are underlying questions you need to answer that will help you reach a business idea destination quicker.

1. What does your community lack? (Community here means what is unavailable in your immediate environment); If you solve this, you have an idea of what type of business to do or to start up.

2. Are there willing buyers for what your community lack? Like, do people buy those products from else where ??

3. How much will it cost you to make what your community lack available for purchase? Will it be small scale, medium scale or large scale? What will be your profit margin if you endeavor into the business

Finding answers to the 3 questions above are very vital before you determine your business idea.

For example; in my neighborhood; there is no football viewing center, you have to take bike worth 200 naira to the nearest viewing centers, and most times there are always no seat for clients; we have to watch while standing; with good capital; starting up a viewing center powered with solar; with cheap fees will mean i have an abundant of market to sell; with profit only realizable on a long term package.

You can share your contributions too

[Huppercase]

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

In every industry, there are venture capitalist, there work is to help finance small idea and business set up but you need to be proactive with your business Idea before they can invest into your business and they are not attach to emotion, they are also business entreprenuer angel investors that are looking for what your business idea will bring to their own table, its there in every business, even in the crypto, we have the likes of them like Binance Labs, Paradigm and many more of them that invest in most of the coins that are been listed before the public get touch of it.

You need to look into what you have as a business idea and then package it for the right people to support you but note that their support doesn't come for free, as propose your ideas to them, they critize, reject or accept and give you their own offer of the deal, if you like it, fine and the deal get signed and done or you negotiate and if they don't, you can make them understand or walk away, it is as simple as that because some of them are very wicked, if they notice that you got good idea, they will want to support you still but will come with a prize, either high cut or may even want to buy the business to enrich their cycle.

[hugeblack]

Initial financing is the focus of all companies, and without these ideas for projects they are just ideas. Therefore, you always find that the company is a partnership between a person who has knowledge of marketing and a person who has ideas that will turn them into useful things to obtain the necessary financing. Creating a financier is not difficult if your ideas have an initial structure or a base. Otherwise your idea will not see the light.

Simply look for a partner who has knowledge of marketing and promotion. Invest a small amount as an initial investment and then you will have a first model and from there you will find the financier if your idea is good.

[dothebeats]

I don't think it's a problem that you need to trouble the whole forum with. investing and finding ways to invest is what we do best, how to get there should be something of your own volition and something that doesn't need to be asked to the peeps here. In any case since it's already here anyway and I really want to help you get that capital for your business or whatever.

if you're looking to find the capital for your business, employment is the key. You can't start a business through another business without getting the proper capital for both first. And the only surefire way you could ever hope to achieve this is nothing else but through finding a proper job. Once that's settled, always allot a portion of your salary towards your savings before expenses and leisure, slowly but surely and depending on how much you get paid, you'd be able to earn the capital you need to start your business eventually.

I wouldn't go as far as saying that OP is troubling the forum with their post. I honestly just see it as OP asking for insights from the opinions, knowledge, and experiences of the members here. There are a lot of post like this so I'm not sure why you have stated that. Nevertheless, I'm glad you at least still shared your own insight on the topic. Moreover, I agree with you regarding employment being the top source for income that can be used as capital.

[franky1]

alot of people keep making the mistake that they need upfront funds of large scale amounts to jump straight into a business that is making instant profits from day one

the secret is no one should be making "profits"(taxable) in the first year on a small business.. instead any income should be split between paying a fair salary and re-investing the rest for growth of the business until its self sustainable at a later date

start small. lets use selling refilled ink cartridges as an example..
if you can buy ink cartridges for $1 and sell them for $3. then just buy 10 cartridges.. even kids with pocket money can afford to start out like this
make $30 and then buy 30 (taking no salary)
sell 30 and make $90 and buy 90(taking no salary)
sell 90 and make $270 and buy 270(taking no salary)

then try to find a second product to diversify your product line and open up more selling opportunities
EG
sell 90 product A and make $270 and buy 135 product A 135 product B (taking no salary)
sell 135 product A and make $405 and buy 405 product A (taking no salary)
sell 135 product B and make $405 and buy 405 product B (taking no salary)
repeat growth phase until you have enough cycling of buy and sells to decide how many you products want to buy vs take a salary

once you can afford an income for salary(basic living standard) then go further. diversifying your product line and expanding your reach to consumers

once you have a range of products worthy of showing off on a store shelf only then lease a store. (but these days easier and cheaper to stick with websites)
retail stores are only useful if your product would sell better if seen/touched in person or there is a demand for collection to avoid delivery cost/delays

[icalical]

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 need to be more details on the term small scale, selling a lemonade on the side road is a small scale business for some people, while other might view owning a small convenience store is still a small scale business. Maybe you need to specify the maximum amount of money to start the business.

I've seen hundreds here on different topics claiming how agriculture is successful, how it can save a country from recession, how is a guaranteed win, how everything and when I tell them you need to work your ass all day, all year with no holiday except winter, difference between Wednesday and Sunday for something that might end with a profit margin of under 10% (profit not operating profit) by the end of the year they all act surprised.

Well, if you live in tropical area, agriculture is definitely very profitable, and I know how to a plot of land into a rice field, I might only need to work hard for 1 month, after that is just maintaining the irrigation system and keep the pests away, it's not that hard and definitely less effort than working on a factory or mine, even with less modern tool. If you have more modern tool you can easily scale up. The problem is not about the effort and 'working our ass up', but the price for good soils is extremely expensive, would need a much money to start an agriculture business. Even with those expensive land agriculture is still profitable.

[JunaidAzizi]

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

First, I want to tell a short story related to this and then I give you my opinion. Some time ago I watched a movie in which the person wants to be rich but he has no investments but a small salary. The place where he works is a place or I think a stock market and people place their money with him. He created a plan and then took a risk and invested the whole which the other person gave to him and bought some shares one night the price of that share went up which gave him triple that invested money. He returned the money to them and invested again in the profit.

The aim of telling this story to you is that it's not a reason that you have no money if you have a mind-blowing plan then you will be successful and yes also have the guts to take risks the lower the risk the lower the profit and vice versa.

The simple thing you can do is to find first a job and make money there. Do not feel ashamed about your work but instead set your goal that how much will earn this month. There are a lot of jobs in the world so find the best one and when you collect the money that you feel is enough to start your own business then start it but remember that do not just stay in that business you have to expand it to different cities and to the world.  In case you do not find a Job then the last option is to take a loan from the bank which is called a business loan and start a business and return some percent to the bank after two or three months.

The important thing is when you start a business for the first time you need to start working with some who do the same thing, first you gain experience and then apply it to your business.

I hope this will help you a lot.

[ScamViruS]

Since we have enough knowledge about internet, we can come up with business ideas by using this internet. I have an idea to create a platform to sell digital goods based on the Internet, but the project is still in the development stage because a lot of research is needed to understand it better. Capital is the most important thing in starting any business, whether the business is small or big you need to raise capital. The money I currently have with the business is not enough to run the business according to my idea. So now I have to take some money from the family to collect funds, and if the bank of my country has the idea of ​​helping entrepreneurs then I will try to take a loan from the bank. Any business may seem small from the outside, but starting a business requires a lot of capital, so it is important to keep these things in mind before starting a business.

[Patrol69]

Capital is a big problem for starting a business but if you want to start a small business then capital will not be a big problem for you. First of all if you don't have any money then plan a small business and try to save some money according to that plan. Many are seen saving their tuition fees or otherwise saving their money and investing in Bitcoin or building some other business. You want to start a small business but we have no idea what type of business you want to do. If you want to do business in crypto platform then you can start your investment with small amount of money or if you think you will do physical business then you can start your business with small shop or something else. If you can start a business and maintain it slowly, the business will definitely improve.

[lixer]

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

First of all, you need to understand that in any business, profit is directly proportional to the amount of risk involved, so you can't expect to start a smart scale business that has low risk but a very high profit proportion which is basically not how businesses work. The scale of your business determines the profit percentage and we all know that the bigger the scale is, the bigger the risk will be since your capital will be increasing as you increase the scale.

So, we should leave the low-risk, high-profit thing aside and think of businesses that can be started with a small capital and can provide some profit based on how much you are investing. One such idea can be to buy and fix a vending machine somewhere within your city where you know it will be used and there won't be any problems like it won't be stolen or broken or something.

[Asuspawer09]

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

I mean that was easy just save money for the capital on your business, if you have a full-time job just save a little amount until you think you already have a good amount of capital to start your business, Christmas bonus can also be a capital, I know a friend that use his bonus to start his business, and I think that was really great since most of the employee when they get there bonus the first thing they do is spend it to something that they really wanted not invest it to something like a business.

The first business that came to my mind is having an online business since it has low risk compared to something like building a store, but personally, I would go to something like a passive income as a safer approach, probably investing in an apartment or a condo something like that, having a good passive income monthly I guess is already a great investment, but having a business is obviously where your money can multiple. So online business is probably something like a clothing brand since you could just probably start to print a few copies and then sell it to your friends and family as well as online, with just enough skills you could easily promote it online, then wait for all of your supply to be sold until you go for another batch I think that way you could minimize your business avoiding lose since you could easily stop printing t-shirts if you think it wasn't a good month something like that.

[taufik123]

I mean that was easy just save money for the capital on your business, if you have a full-time job just save a little amount until you think you already have a good amount of capital to start your business, Christmas bonus can also be a capital, I know a friend that use his bonus to start his business, and I think that was really great since most of the employee when they get there bonus the first thing they do is spend it to something that they really wanted not invest it to something like a business.
-snip-

It's more about how one does a good job of managing their finances, saving their Christmas bonus, and a few other bonuses to use to build their own business.
It might also be diverting to some more profitable investments such as Bitcoin for the long term and buying a few grams of gold to accumulate the bonus to grow and generate more profit when the investment starts to rise.

As someone who wants to build a new business that can be profitable, must have the right strategy and good planning.
Without doing that, the business plan will not reach a good point.

Now many are turning to online businesses because they don't need a physical store and reduce costs for a place to sell and marketing will be easier.

[Dr.Bitcoin_Strange]

How do you find capital for investment?

Do you have a small business idea?

You can work for it, get a job, work for some months or years, and while working, keep saving up towards your planned goal. If you have a goal of starting a small-scale business that will not cost you much, then you will not just need to work for a short time and raise money to start your business; after you have gotten the money, just resign from the work and start your business. But if you know you can manage your business while still working, you can do so too. The second option is to get a loan from the bank; you just need to assemble your collateral. If you want to start a small-scale business, food items are usually highly recommended because people buy them every day.

[mamesso]

There are many small-scale business ideas that you can choose that have low risks and promising profits. You can try opening a motorbike/car washing service, opening a laundry service and opening a food/drink shop near where you live. This business idea does not require large capital, you only offer services to customers and can employ 2 to 3 employees or depending on needs.
This type of business has low risks and offers promising profits. You can also carry out other activities that you have been doing because this type of business can be controlled by the employees you entrust.

[Fuso.hp]

People grow from childhood, but absolutely no one can achieve success. The idol of all entrepreneurs is Elon Musk who was not so successful from the beginning, from a small business to working hard he is so successful today.
He said in an interview that he worked seven days a week and worked 17 hours a day. 
His statement like this clearly shows how hard he has worked to achieve success. If we can start our business from a small business and sustain that business and if we have hard work and mind power then we can slowly transform that business from that small business to a very big business.

In the transport business, a businessman does not start his business at first but on a very large scale, at first one or two transports he adds to his business and later achieves success and eventually transforms into the largest transport company of a country. 

We have to be patient and work hard only then we can reach our right goal.

[xSkylarx]

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

This is very interesting and for people who don't have money to invest, they should try to do business with small capital to be able to get profits, even though they are small, but consistent and try to manage their investments wisely.
I have done this with a business selling street food, it is a business that only requires small capital and has quite a decent profit and of course the percentage of material losses is quite small because the raw materials are still used at a later date.

Your main capital in this is your effort because for sure youll be standing all night and non-stop cooking. This is a really great idea because you can start small and just be consistent and have good food so that your customers will come back to you occasionally. This is also feasible for those in crowded areas like near schools or in areas that sell less of this kind of food.

Small businesses will be big in the long run if they are successful. We just need to have consistency in building them and through hardships for sure your business will go big and that will also change your life.

[dothebeats]

People grow from childhood, but absolutely no one can achieve success. The idol of all entrepreneurs is Elon Musk who was not so successful from the beginning, from a small business to working hard he is so successful today.
He said in an interview that he worked seven days a week and worked 17 hours a day. 
His statement like this clearly shows how hard he has worked to achieve success. If we can start our business from a small business and sustain that business and if we have hard work and mind power then we can slowly transform that business from that small business to a very big business.

In the transport business, a businessman does not start his business at first but on a very large scale, at first one or two transports he adds to his business and later achieves success and eventually transforms into the largest transport company of a country. 

We have to be patient and work hard only then we can reach our right goal.

This is true. It takes patience and hardwork for a business to reach its peek. While there are some who are fortunate enough to start with an already large and successful business, majority of us starts small and there's certainly nothing wrong with that and should not be a reason to give up, instead we should use it as a driving inspiration to grow.

[CarnagexD]

There are many small-scale business ideas that you can choose that have low risks and promising profits. You can try opening a motorbike/car washing service, opening a laundry service and opening a food/drink shop near where you live. This business idea does not require large capital, you only offer services to customers and can employ 2 to 3 employees or depending on needs.
This type of business has low risks and offers promising profits. You can also carry out other activities that you have been doing because this type of business can be controlled by the employees you entrust.

Services really is more preferable to start a business rather than goods. Especially if you don't have much  capital yet, you don't have to invest heavily in inventory or manufacturing. If you start with a service business, you can add goods someday. Also, if you have specialized skills or expertise in a particular area like web design or photography, a service business is a good choice.  You can adjust your services based on market demand and client preferences anytime and once you have the right capital, you can expand your business. I think that is a good start.

[bestcoins1]

This is very interesting and for people who don't have money to invest, they should try to do business with small capital to be able to get profits, even though they are small, but consistent and try to manage their investments wisely.

It's good if someone can be able and consistent in running a business that is not large in size and can be patient with the small income that he will collect to make more so he can run a better investment. But if he is not consistent enough in persisting and being patient with his small efforts, he will not get anything from his efforts. Because I very often see people running small businesses in my area and most of them also end up giving up after being unable to be patient with the pressure they are experiencing.

I have done this with a business selling street food, it is a business that only requires small capital and has quite a decent profit and of course the percentage of material losses is quite small because the raw materials are still used at a later date.

Such small businesses are usually more geared towards drinks and snacks on the side of the road or street vendors and I think such businesses are also a very good option to try for people who are thinking about running a business with small capital. However, a business like that must be located in a fairly strategic location so that sales can be higher and usually a more suitable place for a business like that is an urban area or around the city. Because business owners also have to look at the level of visitors there at a certain time, whether a few or a lot.

[tjtonmoy]

How do you find capital for investment?

It depends. If you are a student then you can rely on your family to provide you with some assets or you can find a part-time job from which you can earn a good amount. Or you can do some side hustle on the internet to make some on your own. It's all about taking small steps first. Then moving towards the big one.

Do you have a small business idea? or business experience? I want to hear it

I do have some experience. Let me share it with you. First thing first. Every investment has risks. So never think that you will make profits on your first try. And always go for small profit but maximum sales.

The more you sell the more profit you make. So have a long-term plan rather than trying to make quick money. I will suggest food items. Specifically dry food items. Food is an essential item for all of us. we will need it at any time no matter what in order to survive. And sales will increase based on demand. Food is the only thing that never runs out of demand.
For example, the main food where I live is rice. So now I am selling rice. I buy in stock and sell as a retailer.
I also have a pond in which I farm fish. That is my side business.
So the idea is to search for what is highly needed in your area and make a good supply of that food product. Also, search for other ideas to expand it further. But as I said, start small, then step by step move forward. The key to success is minimum profit, and maximum sales.

[Texac]

There are many small-scale business ideas that you can choose that have low risks and promising profits. You can try opening a motorbike/car washing service, opening a laundry service and opening a food/drink shop near where you live. This business idea does not require large capital, you only offer services to customers and can employ 2 to 3 employees or depending on needs.
This type of business has low risks and offers promising profits. You can also carry out other activities that you have been doing because this type of business can be controlled by the employees you entrust.

Services really is more preferable to start a business rather than goods. Especially if you don't have much  capital yet, you don't have to invest heavily in inventory or manufacturing. If you start with a service business, you can add goods someday. Also, if you have specialized skills or expertise in a particular area like web design or photography, a service business is a good choice.  You can adjust your services based on market demand and client preferences anytime and once you have the right capital, you can expand your business. I think that is a good start.

These are not very new business ideas, although these business models do not require too much capital, being successful with them is not easy.  with these long-standing business models, we will also encounter fierce competition from other stores.  so, whether the business is small, medium or large, it all depends on the area you live in and people's need for it.  you can't open a car wash if there are already too many people in your area doing that service.

Small business ideas are not as simple as many people think, everything has competition and demand, so it is necessary to evaluate depending on the area to come up with a suitable idea.

[molsewid]

These are not very new business ideas, although these business models do not require too much capital, being successful with them is not easy.  with these long-standing business models, we will also encounter fierce competition from other stores.  so, whether the business is small, medium or large, it all depends on the area you live in and people's need for it.  you can't open a car wash if there are already too many people in your area doing that service.

Small business ideas are not as simple as many people think, everything has competition and demand, so it is necessary to evaluate depending on the area to come up with a suitable idea.

But offering services could be a great idea and best idea to do with low capital if you want to fuel your business , offering services is quiet good you don't need to release or spend money you just need to be consistent and do your job properly to earn money and by that time you can get a savings and you can start  creating business, along the way offering your services you can get ideas on how to possible work for your plans.

[topbitcoin]

I have several interesting ideas for starting a small business, be it in food processing, animal husbandry or handicrafts. However, when I wanted to realize this, I was a little pessimistic that the resulting product could be sold and accepted by the market. Because sometimes in business it's not about what we like and what we want, but it goes back to the market, namely about what they need and what they want. And currently the area where I live is experiencing an increase in the price of chemical fertilizers, while the need for these fertilizers continues to increase. where apart from the price being quite expensive, the availability of this fertilizer is also very limited.
and based on this opportunity, I created a product, namely environmentally friendly organic fertilizer, and in fact this product is quite popular with the market as a temporary replacement for the limitations of chemical fertilizers. Yes... although, I only play at the local market. However, the profits are sufficient to meet my needs and savings.

[barisbilgili]

These are not very new business ideas, although these business models do not require too much capital, being successful with them is not easy.  with these long-standing business models, we will also encounter fierce competition from other stores.  so, whether the business is small, medium or large, it all depends on the area you live in and people's need for it.  you can't open a car wash if there are already too many people in your area doing that service.

Small business ideas are not as simple as many people think, everything has competition and demand, so it is necessary to evaluate depending on the area to come up with a suitable idea.

To build a business in the service sector does not require a large amount of capital, but we need to have skills that we have really mastered well so that our potential customers are interested in what we do and have satisfactory results with what we do. I really agree with you, before choosing to start a business in the service sector, we need to know the location we will choose for the business we will build, whether the type of service we will offer is needed in that environment or not and there are many other things that also need to be taken into consideration.

[KingsDen]

You actually asked a dual question in one thread, I'll however try to answer you by quoting each clause I want to reply .

However, to start investing we need capital. How do you find capital for investment?

• We raise capital for small scale business by saving up little by little
• We raise capital by borrowing from friends and family
• You can also raise capital by borrowing from the bank
• You may consider partnership with someone who has the capital

Do you have a small business idea? or business experience? I want to hear it

Small scale business ideas is not a universal standard. It is highly subjective. What works in your country and neighbourhood might not work in mine.

[wxa7115]

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

When it comes to small business ideas you need to start with something you already know and that have almost no starting up costs, so repairing computers, plumbing, selling homemade food and other similar activities are an easy way to get an extra cash.

Now it is unlikely you will make a fortune out of them, but if you treat those activities as a way to get some side income then you could increase your savings and then use that money to finally invest in bitcoin.

[mamesso]

~Snip~

This is true. It takes patience and hardwork for a business to reach its peek. While there are some who are fortunate enough to start with an already large and successful business, majority of us starts small and there's certainly nothing wrong with that and should not be a reason to give up, instead we should use it as a driving inspiration to grow.

Of course, patience is needed when starting a business. As my neighbor once experienced when he first opened a small-scale fresh juice business located on the side of the road, he complained to me because his business was quiet. Then he could start to be enthusiastic again after I directed him to several examples of successful people who managed to survive difficulties. The point is that you need patience to achieve success.

Now he has started to open several branches in other places which are managed by his employees. A profit sharing system is implemented so that employees feel cared for and can easily support the economy. When starting a business there is no guarantee that you will immediately make a profit, in most cases they have to go through difficult times first. Only business people who are able to be patient and persist in difficult conditions can reach the top, while those who give up are still walking in place.

[Texac]

These are not very new business ideas, although these business models do not require too much capital, being successful with them is not easy.  with these long-standing business models, we will also encounter fierce competition from other stores.  so, whether the business is small, medium or large, it all depends on the area you live in and people's need for it.  you can't open a car wash if there are already too many people in your area doing that service.

Small business ideas are not as simple as many people think, everything has competition and demand, so it is necessary to evaluate depending on the area to come up with a suitable idea.

To build a business in the service sector does not require a large amount of capital, but we need to have skills that we have really mastered well so that our potential customers are interested in what we do and have satisfactory results with what we do. I really agree with you, before choosing to start a business in the service sector, we need to know the location we will choose for the business we will build, whether the type of service we will offer is needed in that environment or not and there are many other things that also need to be taken into consideration.

As I said, I am not discussing the issue of more or less capital, but the issue is that we need to provide exactly what consumers there need.  we can't provide services that they don't need or it has become too much in that area.  That just makes our business more difficult. 

Business is not an easy field as many people imagine. Opening a business is not difficult, but making a profit and maintaining it is a problem.  don't rush to talk about expanding your business, it takes many years, not 1 or 2 years to do.  I opened a hair salon, a sidewalk restaurant, a frozen food business...it's not simple at all.

[Dobabe]

There are a lot of business idea to start for example:
Poultry farm: raising of birds commercially for the sale of meat and eggs eg chickens, turkeys, geese. It also helps in promoting agriculture. Chicken meat is very expensive and healthy, also everything concerning chicken can be use for income, in a poultry farm everything is beneficial even chicken manure can be use as a source of income cause manure can be of good use for farmers. Lastly the investment to start a chicken farm is low and the return on investment is fast.

[CryptoBuds]

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

When it comes to small business ideas you need to start with something you already know and that have almost no starting up costs, so repairing computers, plumbing, selling homemade food and other similar activities are an easy way to get an extra cash.

Now it is unlikely you will make a fortune out of them, but if you treat those activities as a way to get some side income then you could increase your savings and then use that money to finally invest in bitcoin.

Of course, investing in bitcoin is a great idea and that's why we joined this forum. But the money we are struggling to earn from working as hired labor or from our small businesses. First, we need to make sure we have enough money to spend on daily needs, save for emergencies...I think those things need to be prioritized before using that money to invest in bitcoin. Bitcoin cannot be more important than our daily needs and families.

By the way, small business does not mean small profits, sometimes the profits it brings are much better than medium business models.

[macson]

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.

[ChuckBuck]

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.

Business is an ongoing dialogue that comes down to passion and finding the proper opportunity. You must grasp what you can, when you can. Low risk? Agriculture and animal husbandry are always needed. Everyone must eat, right? We shouldn't forget crypto. Bitcoin revolutionizes commerce. We should pay attention to your city's young entrepreneur. Hydroponic plants making 5x-7x profit? Incredible. Research is crucial. Know what's happening and what people want, then deliver. Fast. Worlds change and move constantly. Be first, fastest. What about gambling? It always offers fun, right? Why not if it's controlled and fun? Have fun, take a chance. Continue pushing limits and creating chances. 

[blockman]

How do you find capital for investment?

There are many ways to find your capital for investments or starting your own business. These are what I know;

• Use your salary
• Sell things/assets that you don't use anymore
• Get a partnership either with your friends or strangers that share the same interest as you. Why not a relative?
  In my culture, it's hard to deal business and partnerships with relatives and based also on my personal experience. I've got no problems with immediate family but to 2nd degree and so, there is.
• Look for angel investors and be good at pitching your idea.

Actually there are more but these are like some common ideas.

[FanEagle]

If you think about just small scale, then you will stay small scale, the best thing to do is to find a business that would take some time, and that would be good enough and should be considered for the long term. I believe that we are going to end up with something that would make a profit, and that is why it would be smarter to have something that can grow.

Think about facebook as an example for these type of ideas, it doesn't have to be software or website or anything like that, it could be farming if you want, doesn't matter, but the idea is that a website like facebook could have been used by 100 people and then die, or it is like how it is today, used by billions. That's why we need to be careful about it.

[Afnan_faizah]

I think we can start by doing market research, if we know about something that people want or need or there is good demand in it then we can start to do that business. each person have their advantage and disadvantage so I think even many people do the same thing the result maybe different.

[Fuso.hp]

If you think about just small scale, then you will stay small scale, the best thing to do is to find a business that would take some time, and that would be good enough and should be considered for the long term. I believe that we are going to end up with something that would make a profit, and that is why it would be smarter to have something that can grow.

Think about facebook as an example for these type of ideas, it doesn't have to be software or website or anything like that, it could be farming if you want, doesn't matter, but the idea is that a website like facebook could have been used by 100 people and then die, or it is like how it is today, used by billions. That's why we need to be careful about it.

It is wrong to think that a person who thinks of a small business and starts the business journey with a small business will be doing small business for the rest of his life. Big or small, you need to make sure where you are investing money and what is your chance of earning money from where you are investing. If a business can be started with a small amount of money in the right place, then it is possible to improve that business gradually, but if you invest a large amount of money in the wrong place, even then it is not possible to earn money from that wrong place. First we need to make our business successful. When a small business is successful then we will think to make our next business a little bigger, when the next business is big then our thinking will change a little and we will plan to do a little bigger business like this but starting from a small business to a big one. Business can be reached.

[Learn Bitcoin]

It exclusively depends on where you are located and depends on various other things as well. Asking for your location will trigger privacy, so I won't ask about it. Business profitability depends on many things, such as how crowded the area is, how much your investment is, and where you will sell your product or service.

For example, I live in a village, and most people suggest not to do any business because the area is not crowded. Everyone suggested I buy some cows and build a farm. I am still out of any idea regarding what I should do.

[Smack That Ace]

It exclusively depends on where you are located and depends on various other things as well. Asking for your location will trigger privacy, so I won't ask about it. Business profitability depends on many things, such as how crowded the area is, how much your investment is, and where you will sell your product or service.

For example, I live in a village, and most people suggest not to do any business because the area is not crowded. Everyone suggested I buy some cows and build a farm. I am still out of any idea regarding what I should do.

That's right, small businesses also need to rely on many factors to make accurate decisions, we should not do business indiscriminately. I see people proposing mostly existing business ideas and nothing new, but what's more worrying is that people ignore factors like geography and population density there, or what needs are they lacking...That is something we need to pay attention to because from there we can get the most effective business ideas. A business idea is not about coming up with a new idea but about finding a suitable solution in the place where we plan to do business.

[Learn Bitcoin]

It exclusively depends on where you are located and depends on various other things as well. Asking for your location will trigger privacy, so I won't ask about it. Business profitability depends on many things, such as how crowded the area is, how much your investment is, and where you will sell your product or service.

For example, I live in a village, and most people suggest not to do any business because the area is not crowded. Everyone suggested I buy some cows and build a farm. I am still out of any idea regarding what I should do.

That's right, small businesses also need to rely on many factors to make accurate decisions, we should not do business indiscriminately. I see people proposing mostly existing business ideas and nothing new, but what's more worrying is that people ignore factors like geography and population density there, or what needs are they lacking...That is something we need to pay attention to because from there we can get the most effective business ideas. A business idea is not about coming up with a new idea but about finding a suitable solution in the place where we plan to do business.

Sometimes you will find that there is an area where there are no gas stations. Now if you build a gas station without observing the number of vehicles in that area, the entire investment will be lost. There are no gas stations in the ten kilometers where I live. As I mentioned, the area is not crowded. So, if someone builds a gas station for 20-30 vehicles, he won't be able to run his business. Instead, some oil sellers sell many kinds of oils like palm oils and soybeans in our market. What they did is, they also sell Octane and gasoline with a 10% higher price than the original. Because they had to buy it from the gas station and they sell a few litters daily. To cover their expenses, they sell it at a slightly higher price.

[Accardo]

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?

Capital can be gotten from your savings if you have any, if you do not have savings, then you can start saving for a target business to start. Capital can also come from grants, when you have a really good business idea, if you are able to organize it well into writing with a clear strategy to make profit, you can get an Angel investor.

Digital services are a business with minimal risk and small capital (no need to procure new inventory), for example design, printing, bill payment services, and many more.

There are still risk in the businesses that you have mentioned and they may not be minimal. For printing for example, if you are able to get a big printing deal that should be profitable to you and you make mistake in the printing or it does not come out well from machine, you will spend extra, sometimes even your profit in trying to correct the errors from the job.

Setting up a business with both savings and loan, won't be a bad idea. The great point of running an existing business is twisting the business to a direction that is not existing already. Many small scale business owners make the mistake of doing exactly what others are doing. It will affect, negatively, the growth of the business, because customers are fed up with seeing same old stuffs.  The law of diminishing return comes to play for such a business. So, if a business starter is targeting on taking a loan to run a business, they must endeavor to be sure about what they're doing. Hence, borrowing money to run a business that'll fail or fall in few months isn't encouraged. It's better to use our savings to try out the business, if it fails then we are not in a big trouble of paying back to anybody. As for small business ideas, I'd suggest farming agricultural products. Food is always on demand and the world currently needs farmers to produce more food. It's simple to get a land on lease, to farm crops like pepper, vegetables, potatoes etc and harvest during the harvesting season, then sell in bulk to gain profits. Start gradually to master how it works, what works and the crops, that's mostly needed by sellers. However, if farming is difficult to run, then reselling farm products online is also great, it doesn't require a shop, just a page, where you make posts and publish everyday. Soon customers will begin to creep into your dm for smooth deals.

The risk of running a business on social media is quite minimal, it's only painful to lose an account after growing it for years or months. That's the only risk attributed to such business ideas. So, social media managers should be careful and follow the terms and condition of any online platform where they're promoting the business. But for printing services, it's not just ventured out of ignorance, the best hands are required to operate those machines, to reduce errors and extra expenses. Business is risk, what matters is finding ways to reduce those risk and fetch ourselves more profits. 

[sokani]

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

Whether a big time business or small scale business, any business requires you to carry out a feasibility study, is there availability of capital and do you have the required knowledge of the business? You cannot be into food vending and take your business to a rich residential area because you don't expect a rich man to stop to eat your roadside food, such a business is for the common people, so you need to know your target market. Having said that there are small scale businesses that can be profitable like food vending, fruit vending, online store, barbing & hair saloon, poultry, farming etc.

[Webetcoins]

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

This is very interesting and for people who don't have money to invest, they should try to do business with small capital to be able to get profits, even though they are small, but consistent and try to manage their investments wisely.
I have done this with a business selling street food, it is a business that only requires small capital and has quite a decent profit and of course the percentage of material losses is quite small because the raw materials are still used at a later date.

You should explain the business more specifically, like what kind of food it is that one can sell where they won't have to invest a lot of money even after buying the equipment and also the material that can be used to cook or make the food that will be sold, and you said that the raw material won't be wasted and can be used for later even if it isn't sold or something but if someone makes some food and the food isn't sold, that is a loss for their business IMO.

So, even though I know that a lot of people might be earning good profits from their small-scale roadside businesses, it's not really as easy as a lot of people might think it is because it requires a lot of hard work and that is the thing about small scale businesses, you will need to work very hard.

[Y3shot]

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

The most effective way to run a small business is meeting an important need around you. Possibly run a survey around your area, find out what's needed and essential that's isn't available and try to start it no matter how small. Raising capital for your business can be difficult especially when you're not financially bouyant, but you can start small with whatever amount you have and grow it from there. Remember  that growth takes time and needs your full focus and determination. No matter how small a business it, it can't grow without your presence and effort.

[ndutndut]

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

The most effective way to run a small business is meeting an important need around you. Possibly run a survey around your area, find out what's needed and essential that's isn't available and try to start it no matter how small. Raising capital for your business can be difficult especially when you're not financially bouyant, but you can start small with whatever amount you have and grow it from there. Remember  that growth takes time and needs your full focus and determination. No matter how small a business it, it can't grow without your presence and effort.

And what is certain is that whatever business there is, there will be risks. We as entrepreneurs must be willing to study and study harder to understand the conditions around us to find opportunities, not just with words, but learn to take steps, the important thing is to just move first.

It is common knowledge that if we want to be successful in our business we must be able to compete in price for all types of goods, but sometimes the constraints in each region are different, that's why we have to read the market. Sometimes we don't dare to get out of our unpromising environment, we just always focus there and don't dare to make changes. As a result, our business development stagnates. If we can make a profit that day, it ends on the same day. We have to dare to speculate without having to be afraid of failure. The last point you convey is quite motivating because no matter how small the business is, we must be able to develop and need action. If we can control our finances properly in a small business, we can invest profits from the business.

[xSkylarx]

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

The most effective way to run a small business is meeting an important need around you. Possibly run a survey around your area, find out what's needed and essential that's isn't available and try to start it no matter how small. Raising capital for your business can be difficult especially when you're not financially bouyant, but you can start small with whatever amount you have and grow it from there. Remember  that growth takes time and needs your full focus and determination. No matter how small a business it, it can't grow without your presence and effort.

A feasibility study is part of business planning because it is difficult if you start a business in an area where only a few customers will avail of your product or business so it would lead to failure. Also  with capital as long as your business is small capital is small and I do agree that we should start small first before venturing to other big businesses as this also needs huge capital. Small businesses can earn you some experience on how to run a business which is also key if you plan to expand. Most businesses start small so take your time and learn from it.

[bitzizzix]

In my opinion, all business people are looking for profit, the question is whether the business they are running is right on target. In the right place, and also at the right time, maybe that's one aspect of the business you do that can make a profit or not.
If you run a small business, if it is done in the right place or location and whatever business you run is needed by many people, it will definitely be profitable. As long as the service is friendly and the place is comfortable to relax, it will definitely be profitable, and with that you can invest or do anything to increase your income.

[Alpha Marine]

I do not have any small scale, low risk business idea to give anybody, not because I don't have the ideas but it may not be things the person is passionate about. Can't advise anybody to go into a business just because they want to make money without understanding how the business really works. That's by the way.

What I really wanted to say is, no matter the kind of business you do, don't joke with digital marketing. Doesn't matter how small your business is, you can make more profit if you do your digital marketing rightly. If you can't learn how to handle it, you can hire someone to help you out and learn it with time.
Again, it doesn't matter how small. Is it pastry shop, do you make shoes in your basement? You have a small boutique? You make furnitures? Any kind of business at all that you do, take your digital presence very seriously. If you have a website it will drive more traffic to site and create more awareness to you.
As long as your goods and/or services are quality, put your focus on digital marketing. 

[Quidat]

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

The most effective way to run a small business is meeting an important need around you. Possibly run a survey around your area, find out what's needed and essential that's isn't available and try to start it no matter how small. Raising capital for your business can be difficult especially when you're not financially bouyant, but you can start small with whatever amount you have and grow it from there. Remember  that growth takes time and needs your full focus and determination. No matter how small a business it, it can't grow without your presence and effort.

A feasibility study is part of business planning because it is difficult if you start a business in an area where only a few customers will avail of your product or business so it would lead to failure. Also  with capital as long as your business is small capital is small and I do agree that we should start small first before venturing to other big businesses as this also needs huge capital. Small businesses can earn you some experience on how to run a business which is also key if you plan to expand. Most businesses start small so take your time and learn from it.

Yes, dont make yourself in a hurry even if you do have the capacity on starting out on making it big or using that huge capital without having that real experience through it because it would really be might resulting into a disaster when you do fail. Start up small and test out on what are those things needed and whats not and it is really that true that you would really be needing that feasibility study or test about on the business that you are building and find out whether the demand is really that high on the place you are planning to build or not. Taking up some rush decisions or being that careless would really be that might ending up on a disaster and this is why it would really be always wise that you should really be on taking up these basic steps first before trying to launch up.
We know that capital is never been that easy to provide and this is why you should really be that smart whatever steps that you would be taking and dont really get easily yourself dive in with some hype and always be that consider about the risks involved and make out back up plans if ever that Plan A failed. It would really be a long list of trial and error which is really that common on a business specially when  you are just starting up.

[KiaKia]

You can start a business because you like the idea behind it or you love doing it and on the long run it still doesn't favour you. Like you will feel you wasted your time, I mean what is there to love when after a few years you aren't getting nowhere?

The thing about starting a business is you will never know how things will be, not until you try it, there are people who venture into business that they don't even like doing and they adapt and they have good results from the business.

Business is like looking for a new recipe that the world will love and accept, it's not that simple, you are at a risk of failing or succeeding, but you will never know, the reason why we do business is to make money, if you love what you do and you aren't making good money it makes no sense, you sit with the business because it's what you love to do, you might never grow.

Try and see, adapt, and always open your mind to new ideas, millions of people are planning to make money, and if you plan things the way they do, your result will not be great, be different.

[jaberwock]

It exclusively depends on where you are located and depends on various other things as well. Asking for your location will trigger privacy, so I won't ask about it. Business profitability depends on many things, such as how crowded the area is, how much your investment is, and where you will sell your product or service.

I think it's beneficial as a business owner for the public to know our location so that interested people can go there easily. I know what you are thinking. You are afraid that he may get robbed or what but I don't think it will happen immediately and for sure there will also be securities and people around the area for it to occur. We are only talking about small business here, so don't worry if the area is not that crowded. As long as we are sure that the products and services that we are offering is in-demand, I'm sure that we can always get a customer. If you have enough budget already, that is the time to upgrade or move on to a better location.

For example, I live in a village, and most people suggest not to do any business because the area is not crowded. Everyone suggested I buy some cows and build a farm. I am still out of any idea regarding what I should do.

You can take others suggestions if you can't decide for your self but I think it's also better to follow what your truly heart says. Apart from the outside suggestions you get, this thread can also help you and maybe you can provide more info about your self, your interests, and others. So that users here can tailor a recommendation for you.

[Blowon]

Simply put, it's like a motorbike washing business. only requires small capital. but I'm sure, we here are thinking the same way, we want a big and profitable business with little capital. We are here in one community, namely crypto investment. That's why we always discuss large-scale businesses.

[Fuso.hp]

There are a lot of business idea to start for example:
Poultry farm: raising of birds commercially for the sale of meat and eggs eg chickens, turkeys, geese. It also helps in promoting agriculture. Chicken meat is very expensive and healthy, also everything concerning chicken can be use for income, in a poultry farm everything is beneficial even chicken manure can be use as a source of income cause manure can be of good use for farmers. Lastly the investment to start a chicken farm is low and the return on investment is fast.

Small business is looked down upon by many but in my opinion there is no way to look down on this business. If you have money, you can dream big business and make those dreams come true. Those people who do not have good financial support but want to do business should start small scale business. If you know the right way of doing business then it is possible to reach a very good position even from a small business only with time and proper business management skills. 
If everyone wants to do big business then who will do small business. A good relationship is created between a small trader and a big business by exchanging products. 

A large trader will sell his product to a comparable small business, and that trader will sell his product to a smaller trader at a slightly higher price, thus completing the business cycle. We have to give due respect to every workplace whether it is business or profession.

[Fortify]

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

People who run successful small businesses will most likely experiment via lots of different attempts in various fields, figuring out what doesn't work and seeing if anything can be tweaked into profitability. In the age of the internet it's very possible to start all sorts of online businesses with a low start up, maybe even just enough money to buy a domain name and not even that if they choose to use a free shopping platform like Etsy. Others make money through hosting news sites, writing articles and generating money through all sorts of different advertising methods. One thing you will rarely find however, is someone spilling the beans on their high profit ventures because that only dilutes them and does not benefit the business owner.

[ice098]

You can start a business because you like the idea behind it or you love doing it and on the long run it still doesn't favour you. Like you will feel you wasted your time, I mean what is there to love when after a few years you aren't getting nowhere?

The thing about starting a business is you will never know how things will be, not until you try it, there are people who venture into business that they don't even like doing and they adapt and they have good results from the business.

Business is like looking for a new recipe that the world will love and accept, it's not that simple, you are at a risk of failing or succeeding, but you will never know, the reason why we do business is to make money, if you love what you do and you aren't making good money it makes no sense, you sit with the business because it's what you love to do, you might never grow.

Try and see, adapt, and always open your mind to new ideas, millions of people are planning to make money, and if you plan things the way they do, your result will not be great, be different.

Yes that's true, make or start business that is the interest of yours. If you really want that business because it is your forte and you like it very much then it will be good because you know your business very well and you like it very much so you will have all the details and ideas to run it very smoothly. Some people fail because they just chose it because of other people not their interest.

[Learn Bitcoin]

I think it's beneficial as a business owner for the public to know our location so that interested people can go there easily. I know what you are thinking. You are afraid that he may get robbed or what but I don't think it will happen immediately and for sure there will also be securities and people around the area for it to occur. We are only talking about small business here, so don't worry if the area is not that crowded.

You did not get me, buddy. We are on an internet forum. We don't know each other. I wouldn't say I like to share personal information here. People can create enemies out of thin air. You will never know when you have created your enemy. I could have chosen a different username for my forum account. But I did not. Do you know why? Because I like to remain anonymous.

I don't think I have ever posted my real name here. I am not planning to write it in the future. So, there is no point of sharing my location here. All I can say is how is the are and how crowded it is.

[Ucy]

It's hard to be a good business person if you are working for money. Love or enjoy solving problems for people in need of your solutions. This will help you provide better service and stay long enough in your preferred business.
Focus more on good business you are talented in and passionate about... Then spend some time developing your talent by learning to do the business well. Talent will make you better than your competitors while passion will help you endure long enough in the business till you master it.
It is easier to get funding for your business if you know what you are doing really well and provide better services. This should drive you to attract funding from relatives, friends, banks etc. Better to start small and expand later as you become grounded in the business. .
Go to places your potential customers are concentrated. You could start by offering free or "pay later" services to them via ads or promotions. Try to be close to the customers. Patronize them when you need something they have and remind them to patrionize you too. You could also create loyalty program for loyal customers.


* But to be honest with you, part of the secret of successful business is to genuinely care for customers. People who really love and care for customers attract more customers even without ads, promotions or loyalty programs.

[dothebeats]

It's hard to be a good business person if you are working for money. Love or enjoy solving problems for people in need of your solutions. This will help you provide better service and stay long enough in your preferred business.
Focus more on good business you are talented in and passionate about... Then spend some time developing your talent by learning to do the business well. Talent will make you better than your competitors while passion will help you endure long enough in the business till you master it.
It is easier to get funding for your business if you know what you are doing really well and provide better services. This should drive you to attract funding from relatives, friends, banks etc. Better to start small and expand later as you become grounded in the business. .
Go to places your potential customers are concentrated. You could start by offering free or "pay later" services to them via ads or promotions. Try to be close to the customers. Patronize them when you need something they have and remind them to patrionize you too. You could also create loyalty program for loyal customers.


* But to be honest with you, part of the secret of successful business is to genuinely care for customers. People who really love and care for customers attract more customers even without ads, promotions or loyalty programs.

You have a good point here. If we already have a job, it is best that we ensure that we are passionate about it and we enjoy what we are doing under that job as it will guarantee that we will be able to endure the stress, pressure, and tasks better than just working for the money. Additionally, while doing so, we can learn a new skill that we at least know we are curious of, learning new skills will help us set up for the future as we look for either a new and better paying job or an additional one for another source of income. While there are instaces wherein individuals are forced to just keeping work even though they do not enjoy what they are doing, it doesn't erase the possibility that being loving what you do while earning can happen.

[puloweh555]

Yes that's true, make or start business that is the interest of yours. If you really want that business because it is your forte and you like it very much then it will be good because you know your business very well and you like it very much so you will have all the details and ideas to run it very smoothly. Some people fail because they just chose it because of other people not their interest.

The point is, do business according to your passion and hobby. Live according to your time. Do what you like and better yet, passion that results in doing business. Don't build a business because you have to, especially if you do business following the wishes of your parents and other people, you have to be this and be that!

you have to do business like this! That is wrong! Their era was different from today's era. Nowadays, in the millennial era, you can choose to start a business that suits your passion and hobby. For example, becoming a YouTuber, becoming an online seller, becoming an entrepreneur, etc. Even though you have to start with small capital.

Don't be satisfied with what you have achieved, because it will only make you lazy. Cannot develop, because he is imprisoned in his comfort zone. You have potential, develop your potential, make yourself a successful human being who will make your future more successful.

[wallet4bitcoin]

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

If you want to setup up a business from ideas shared in here as a small scal business, I won't advice you delve into such assumptions. Telling you this experienctially, that business opportunities even exist and you are aware of it is still not sufficient an armour for you to rely on.

I'll conclusively say, what you have passion in is directly what should be your business, and do well to expand your knowledge on it as the business also grows, as everything evolves over time.

[Inwestour]

You have a good point here. If we already have a job, it is best that we ensure that we are passionate about it and we enjoy what we are doing under that job as it will guarantee that we will be able to endure the stress, pressure, and tasks better than just working for the money. Additionally, while doing so, we can learn a new skill that we at least know we are curious of, learning new skills will help us set up for the future as we look for either a new and better paying job or an additional one for another source of income. While there are instaces wherein individuals are forced to just keeping work even though they do not enjoy what they are doing, it doesn't erase the possibility that being loving what you do while earning can happen.

The reason for this is habits, people are afraid to change something, it seems to them that if they try to change jobs, they may lose their job, even the one they had. Or the same goes for business, even those who have a good idea often don’t start doing something because they don’t have enough money and they don’t do anything to change it.

The most important thing is not to try to hold a job just for the sake of money, or to start implementing some idea into a business that may not be interesting to you in the future, but to do what you like. Even if it brings you less money, but my experience shows that it will also have a positive impact on your income.

[uswa56]

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

If you want to setup up a business from ideas shared in here as a small scal business, I won't advice you delve into such assumptions. Telling you this experienctially, that business opportunities even exist and you are aware of it is still not sufficient an armour for you to rely on.

I'll conclusively say, what you have passion in is directly what should be your business, and do well to expand your knowledge on it as the business also grows, as everything evolves over time.

We will not be able to build a business with other people's experiences and if we force ourselves to build a business with other people's ideas or experiences then the business we build will not last long and this is very detrimental in any case. I really agree with you, if we have the desire to build a business on a small or large scale then we have to really understand well about the business we are going to build and if the business is related to a hobby that we have I think the business will be able to develop well.

[Razmirraz]

Simply put, it's like a motorbike washing business. only requires small capital. but I'm sure, we here are thinking the same way, we want a big and profitable business with little capital. We are here in one community, namely crypto investment. That's why we always discuss large-scale businesses.

There are times when you have to start small first before thinking about something big, of course everyone wants to get big profits with small capital, but it takes a process to achieve it. Even though we are in the Crypto investment community, not everyone has large capital to invest or open a big business. The different economic levels of each member require a more flexible discussion that covers all groups.
There are times when the small can be bigger than the big and there are times when the big can become small, so we have to be realistic in every activity we carry out to support the economy in various fields.

[Juse14]

Fantasy is a free space for expression. Having a big business and big profits from a business that we manage is a dream for everyone.
However, we also have to remember that we are "pioneer" not "heirs" and there is not everything in the world that we can get instantly, all of which requires a process which is sometimes quite a long process, including building a business. We have to build all of this from the smallest things first, don't just dream and have too high expectations, but make a plan that can change your life even better than before. At this time, with the existing economic development and progress, it can certainly make it easier for us to build a business, social media is currently very popular and almost all groups are here. If we only have minimal capital to build a business, then this social media is quite helpful for us, namely by selling there, because only with your quota and merchandise and skill in speaking in front of the camera, you can start a business, namely selling online.
then you can start a business, namely selling online.

[carlfebz2]

Simply put, it's like a motorbike washing business. only requires small capital. but I'm sure, we here are thinking the same way, we want a big and profitable business with little capital. We are here in one community, namely crypto investment. That's why we always discuss large-scale businesses.

There are times when you have to start small first before thinking about something big, of course everyone wants to get big profits with small capital, but it takes a process to achieve it. Even though we are in the Crypto investment community, not everyone has large capital to invest or open a big business. The different economic levels of each member require a more flexible discussion that covers all groups.
There are times when the small can be bigger than the big and there are times when the big can become small, so we have to be realistic in every activity we carry out to support the economy in various fields.

You should really be thinking up like this on which you shouldnt really be thinking about getting big and thinking about earning huge profits because you are really just starting up because if you do always keep minding

or having that kind of impressions or targets in mind then it would really be just making you desperate on which on the time that emotion and mindset is been affected then you cant really be think up clearly
on what things that are supposed to be that to be done and this is something that you should really be avoiding in the first place. Think small but you should set out goals that you should reach that but of course
always set those realistic goals and never ever make yourself that way too optimistic on things because on the time that you do make out some desperate calls due to that in rush on reaching
out on a particular condition or situation then this would really be that resulting into mistakes and errors.

Small scale business ideas are really that a good start up if you are really that diving into that new venture which we do know that it do give out
that kind of chance on making your finances do upgrade basing up the probabilities that business could give.

[franky1]

many years ago i talked to people about "drop shipping" before it was famous. and now it seems every wannabe passive income guy wants to be a amazon listed seller via dropshipping

so here is another idea for those that want to start off small with no large upfront costs or risks but can start a trend that can grow that only requires 1 hour a week

too many people who want to get into the food serving business think they need $thousands upfront to buy and retrofit a truck/store to be a kitchen and then get some food hygiene licence and employ someone to serve customers, but thats not true, and here is why/how:

so get to know a local foodtruck. not ones that are famous. but just the greasy spoon budget trucks selling basic burgers/hotdogs that are usually the cheap stuff..

tell them that you want to supply them with premium hotdogs and you want them to sell them at X and you will take 50%. where they can still sell regular dogs but you want them to offer a premium hotdog aswell (idea works best if their regular dogs are not special, hense approaching the budget trucks)

i seen it in the past a greasy spoon truck selling a basic hotdog for $3 whereby considering the meat cost they would earn less than $3 after costs..

however if you buy premium sausages for $1 each and you buy say 10 for a trial. (costing you $10) you tell the truck to sell them as a premium hotdog for $6each where they keep $3 and you keep $3
meaning when they want a resupply they give you $30 back for your $10 cost.. a 3x profit

usually 10 hotdogs can be sold a day EASILY so you can start to increase by giving them 30 hotdogs(using your $30 to then get $90 back. )

you are then in the food sales business without needing to stand at a grill or take orders from dozens of customers but reap all the benefits.
heck you can also promote the foodtruck as the best premium hotdog in town to increase customers to increase your earnings and it wont need to cost you anything upfront but just some social media time spreading the word, plus it will keep the food truck interested in the relationship if you are giving them free meat and advertising. yes they may cotton on that they too can self supply the premium sausages and keep $5 profit of the $6 but then if you word the relationship right about the free advertising and promotions and they see the customer increases they would be more interested in your deal

[laurenB7742]

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

If you want to setup up a business from ideas shared in here as a small scal business, I won't advice you delve into such assumptions. Telling you this experienctially, that business opportunities even exist and you are aware of it is still not sufficient an armour for you to rely on.

I'll conclusively say, what you have passion in is directly what should be your business, and do well to expand your knowledge on it as the business also grows, as everything evolves over time.

We will not be able to build a business with other people's experiences and if we force ourselves to build a business with other people's ideas or experiences then the business we build will not last long and this is very detrimental in any case. I really agree with you, if we have the desire to build a business on a small or large scale then we have to really understand well about the business we are going to build and if the business is related to a hobby that we have I think the business will be able to develop well.

If we do business or work according to our interests and passions, that is a great thing, but not everyone who pursues their passions and interests is successful. When talking about business, we need to keep up with the trends of the times, not follow our passions. If our passion is not profitable and cannot support our family, how long can we maintain it? As a responsible person who always wants to move forward, we need to adapt and learn world trends to create profits. When you profit from it, you will be passionate about it. Therefore, asking for opinions and consulting other people's ideas means we are learning and that is never in vain.

[Gallar]

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?

Of course, everyone has different ways or paths in seeking capital to invest. Some become traders, factory workers, office workers, even entrepreneurs. However, most likely, in my personal opinion, most people are looking for an easier way to find their first capital (income), usually the majority of people become employees or workers. Because being an employee, you could say you have very minimal capital. So maybe this method is the basis for most people finally having the capital to invest.

However, quite a few also have capital to invest through gifts from their parents. For rich people, every child or descendant will usually be given capital or a business so that their children can develop it.

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.

I suggest starting a culinary business or food stall and also suggest a business in the fashion sector such as clothing. In my personal opinion, this business has great potential and does not require too much capital to start. Because I personally think that these two business branches can be managed according to our financial capabilities and have very promising long-term opportunities. But apart from all that, in my personal opinion, if we want to start a business, then it must be in a field that we enjoy/like. For example, if your hobby is cooking, then opening a culinary business is the right business for that hobby. So if it is accompanied by something that we enjoy, surely every process we go through will not feel too heavy.

[G_Besar]

Simply put, it's like a motorbike washing business. only requires small capital. but I'm sure, we here are thinking the same way, we want a big and profitable business with little capital. We are here in one community, namely crypto investment. That's why we always discuss large-scale businesses.

It's not simple, but only provides a slightly simpler understanding of interpreting a business. Because actually opening a motorbike washing business is not cheap at the moment, except only for those who already have land with existing buildings to open a motorbike washing business. So business owners only need to buy a water pump machine with some polishing tools for motorbike bodies, while for those who don't have land and buildings to open a motorbike washing place, I think the capital can also be very large, mate.

Apart from that, currently it is very difficult to get big profits with little capital. Because if it is still easy for you to find now, I think there are many new rich people who are born through crypto every day so that it can have an effect on reducing all poverty in this world. But everyone who has been in crypto for a long time is also very aware that it will always be difficult to make big profits if the capital is not much and I think you should also know about this kind of thing because the economic concept is actually quite easy for everyone to understand.

[0t3p0t]

In the USA $2,000 to $5,000 capital can be considered as small business but here in my country, that amount is too much for a small business. In that price range I can even buy a residential or an agricultural land that appreciate it's value over time. With $2,000 - $5,000 I can buy and sell gold and silver coins that could make decent profit as well.

[Out of mind]

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

If I have some funds to do business, then I must take that step to be successful and earn income. First I need some capital which I have to collect and then increase the amount of money by trading. Basically, trading requires a lot of skills which must be learned first and then trade with that idea for profit. If you can analyze the trading well, you will have less fear and risk of half loss, and you can easily trade and make profit. Whenever I start trading from small money to make big money, I try to take big step which is investment. Of course, investing should be done for the long term to generate passive income in the future. I will save the amount of profit from my small business and invest it later in bitcoins for a long time, which will help me to get big profit in the future, thus making the business successful.

[Y3shot]

Do you have a small business idea? or business experience? I want to hear it

One business idea that can be done with relatively small capital and is quite promising is opening a roadside food stall. As far as I know they can take profits of up to 200% of capital. Quite promising, especially if it can be developed and has many branches. The risk is that if your food doesn't sell, it will go stale and can't be resold

Road side food business might looks small in your eyes but it is not a business that comes with a small capital, the price of food stuff is very expensive right now , I see food business as a very good business that will come with good profits because for sure people will always go after what they with but because of how  price of food in the market is expensive it will be challenging for some people to raise up capital to start this business. But this depend on the location and the standard of setting it up.

[Bd officer]

In the USA $2,000 to $5,000 capital can be considered as small business but here in my country, that amount is too much for a small business. In that price range I can even buy a residential or an agricultural land that appreciate it's value over time. With $2,000 - $5,000 I can buy and sell gold and silver coins that could make decent profit as well.

Investments in gold and silver land are not likely to yield much profit unless they are long-term investments. Besides, 11.6 grams of gold costs about $900, land prices vary from region to region, where I live, an acre of land costs about $6000. Now though one who invests in land or gold and silver must invest for a long time, if investing in gold and silver and land, one must do small business side by side. It is very difficult for those who are poor to invest in gold and silver and land. Where I live, many businesses can be done for $400-500 dollars, such as raw material business, grocery store, etc.

[Cookdata]

Simply put, it's like a motorbike washing business. only requires small capital. but I'm sure, we here are thinking the same way, we want a big and profitable business with little capital. We are here in one community, namely crypto investment. That's why we always discuss large-scale businesses.

Motorbike transportation needs caution before you proceed to start a business. Why? Because the government policy changes like Chameleon, they can not be trusted. If you live in a metropolitan area where motorbikes are allowed to operate, if you observe very well after a while you will notice that you will not see them around doing commercial transportation again, that is because motorbikes are not safe, prone to accidents and for that, the government will have to ban them and of you own a motorbike for this kind of business, either you lease or do the work will have to take the business out of the city or sell the bike for loss.

Washing machine on the other hand is profitable only for if you stay in residential areas where youths are busy so they can bring their laundry to your place. Doing this kind of a business in a rural area cannot work, doing it in a place where wifes does the responsibility of house chores will never work. You have to put some factors into consideration before you set up this type of business otherwise, they will only waste your capital without anything to show for.

[Litzki1990]

America is very strong economically so in their country starting a business with 2000 to 5000 dollars is called a small business but in other countries if starting a business with 5000 dollars it will be a very big start. There are African countries or some Asian countries in which people mean small business from 500 dollars to 1000 dollars, that is, if they start a business with 500 dollars to 1000 dollars, then they consider that business as a small business or a medium level businessman. Taking the initiative to do business is a big thing, if you have a tendency to do business then you can start from small and reach a very big position. So it doesn't matter how many dollars you start your business with.

[red4slash]

Do you have a small business idea? or business experience? I want to hear it

One business idea that can be done with relatively small capital and is quite promising is opening a roadside food stall. As far as I know they can take profits of up to 200% of capital. Quite promising, especially if it can be developed and has many branches. The risk is that if your food doesn't sell, it will go stale and can't be resold

Road side food business might looks small in your eyes but it is not a business that comes with a small capital, the price of food stuff is very expensive right now , I see food business as a very good business that will come with good profits because for sure people will always go after what they with but because of how  price of food in the market is expensive it will be challenging for some people to raise up capital to start this business. But this depend on the location and the standard of setting it up.

I agree with you that the business of opening a roadside food stall is a business that has to spend a lot of capital, one of the reasons is as you said that food ingredients are now expensive. That's not counting the rent, unless our house is strategic or we have a piece of land that we can use to start trading.
I have an acquaintance who happens to be a food stall owner. And it is true that the capital he spent at the beginning was not a small amount. He even sold his land to start his business.

[goldkingcoiner]

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 are different kinds of investments. Not only the monetary kind.

What about investing your time? That is worth much more than money. If you have the skills, the knowledge and the time you can make money out of thin air, practically. For everything else there are loans.

A small scale business is really the only kind of business where you can get away on a very low budget or even a non-existent budget (depending on the business, of course). You cannot really do the same with a bigger business.

[harapan]

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

How do you find capital for investment?

You can raise capital for your business from different angles,either from family, friends,save up you've made nd so on.

Knowing fully well that your small scale business is a one man thing. You are everything to your business at that moment's so you won't take up the chances of taking up a loan for a start, cause you wouldn't  want to take up such high risks.

So it's advisable you start small and aim bigger by the day,as you profits comes up you save up for a bigger investments.

[PeRo]

The only business that small scale would be some kind of digital services, dropshipping products and stuff like that. To me, that seems very unstable and not very profitable since everyone is running to that option, influenced by fake millionaires and social media figures. You can make a profit but you have to add some originality or some spice to it, so you get in front of everyone else.

If you want a real small scale business (physical, registered), you must have capital. If you aren't lucky enough to ask family members for a loan/investment, you have to go to a bank and take a big fat loan, it's just how it works.
Hopefully you have some hobby/interest in some topic and even better, experience at a job (in the branch you do business in), to easily pick a business branch in which you have experience and knowledge.

[Obari]

There are several ways one can invest in small scale business but I don't think any business is small scale this days because the Inflation rate is very high and the prices of things  have skyrocketed drastically lately but if we're  ig kring all of this, I think getting a motorbike for hire purchase and just relax and enjoy passive income for over 12 months if not even more.
And another sector of the economy where people over look is the agricultural sector and I must say that, that sector is one of the most lucrative sectors and it even works more on garbage in and garbage out,that's your profit is dependent  on your capital.

[Antotena]

In the USA $2,000 to $5,000 capital can be considered as small business but here in my country, that amount is too much for a small business. In that price range I can even buy a residential or an agricultural land that appreciate it's value over time. With $2,000 - $5,000 I can buy and sell gold and silver coins that could make decent profit as well.

If not that inflation has damage the currencies, $5000 used to be a moderate amount to start a business and then grow it to become big one, now the stroy is different because that amount will not do any good in any small business, I'm not sure that's enough to start small scale business, probably $10,000 is a good call for real business.

If it was in my country, I will say when $5000 is converted to local currency, then it might survive and do well but the problem of here is that small scale business die quick than we use to expect because the economy isn't favorable for small scale business.

[usekevin]

The best way to get the investment for the capital will be the saving of the money during the job going time.So the same money help you to get into the business in the future.But the saving alone help the person to rise the capital.The small scale business need of the less money as the capital.Many people target the large scale business and forgot the small scale business.Many millionaire was start their business in the small scale and using that money they get into the large scale and achieve in their life.

[slapper]

The only business that small scale would be some kind of digital services, dropshipping products and stuff like that. To me, that seems very unstable and not very profitable since everyone is running to that option, influenced by fake millionaires and social media figures. You can make a profit but you have to add some originality or some spice to it, so you get in front of everyone else.

If you want a real small scale business (physical, registered), you must have capital. If you aren't lucky enough to ask family members for a loan/investment, you have to go to a bank and take a big fat loan, it's just how it works.
Hopefully you have some hobby/interest in some topic and even better, experience at a job (in the branch you do business in), to easily pick a business branch in which you have experience and knowledge.

Are digital services and dropshipping the only feasible small-scale business options? Interesting... But let's be honest. While many are turning to digital channels, they're not the only ones. Business is enormous. Many "millionaires" on social media inspire others, but isn't it just a reflection of our society's fixation with rapid success?

I completely agree with your unique comment. Doesn't every business do it? Whether digital or physical, creativity matters. It distinguishes you. Capital is vital for a physical firm, but isn't it naïve to think you can only receive it through family or a bank loan? Numerous funding alternatives exist.

Your point concerning hobbies or experiences? Right on. Wasn't that common sense? Why would someone start a business without expertise or passion? Disaster awaits. Though your insights are valid, perhaps you should extend your perspective and see the overall picture. Business is big and offers unlimited options. Do you want to see them?

[Ever-young]

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?

Before we are going to have some business plan set aside we need to have a means of gathering that money as well, there are people who already have something doing which they can put more energy on in other for them to earn more money they can save up and start up a new business or invest it in something else.

For someone who don’t have anything doing but what to gather money for investment, the best thing is to start up anything that can earn them money unless they are the type that are blessed with relatives which can raise them some funds to start up any investment if not the best way to raise money is to either get your self in doing job, or you can render some kind of skillful service to those who need it in other to raise that money.

[lizarder]

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?

If it were me, then the steps taken would be to invest small amounts of money on a regular and consistent scale. Difficult economic conditions create obstacles for those of us who do not have the capital to invest large amounts, so the DCA strategy is still a good mainstay for us to consider.

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.

I want to know what kind small scale businesses you mean so there will be a discussion that we can discuss together. Building about small scale businesses also requires precision because if it is not precise, the business will not develop and ultimately we will not get stable passive income. I own a clothing shop at the moment and the difficult economic conditions in society have meant that sales in the last few months have been very reduced and I have even tried to use online media as a place to sell the clothes I have.

The current economic condition of society is quite problematic and in my opinion, if you want to build a small scale business, perhaps the sector for meeting daily needs (basic food items) is a good choice because even though people don't have money, these needs must still be met. So a small scale business like this is still considered quite feasible to run in conditions like now.

[dothebeats]

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?

Before we are going to have some business plan set aside we need to have a means of gathering that money as well, there are people who already have something doing which they can put more energy on in other for them to earn more money they can save up and start up a new business or invest it in something else.

For someone who don’t have anything doing but what to gather money for investment, the best thing is to start up anything that can earn them money unless they are the type that are blessed with relatives which can raise them some funds to start up any investment if not the best way to raise money is to either get your self in doing job, or you can render some kind of skillful service to those who need it in other to raise that money.

You are right, having the capital needed for the business is surely the first thing an aspiring businessman should have. Having a plan and vision will result in nothing if the individual doesn't have the startup money needed to launch the business or at least make the initial steps to gather investors. More often than not, however, individuals who already have a detailed plan for their envisioned business already have the capital needed or are already in the midst of getting it by working or by other means of getting income.

Additionally, I wouldn't really suggest borrowing money or relying on relatives as well as friends and acquaintances in starting a business as conflicts will surely arise. Instead, you can have a formal discussion with them by making them investors, but that of course will still require for you to have an initial capital.

[asyakashi]

I think starting as a reseller is quite good. you don't need a lot of capital. but it must really be pursued diligently to get perfect results. I don't think it's necessary to get big quickly. Small scale businesses usually have small risks but their movements are slow. but when you go up, the fall will be difficult.

[JunkieMiner]

If you are a graduate then there are many small online businesses through which you can start your earning journey, I mean if you have some ideas about online courses then you can easily sell your online courses and get a profit which will be better for you. Which you can also teach them to others online, and they will pay you a fee. And for this, if you have just some skills in any of the topics, you just need to have a smartphone and an internet package for it. These courses also include Microsoft Office, Excel Courses, etc. You can also earn through all of these.

[inthelongrun]

I used to supply tuna and then registered a construction materials business but they all failed during the pandemic. For now, I am trying to save while observing and planning on what's next since there is a lot of stuff that I would like to do. Most of my regular savings if not all I invested in crypto which is mostly bitcoin and ethereum.

So I am looking forward to venturing into another business but possibly after the 2025 bull run. What's in my head right now is to create a stall for grilled chicken business. The estimated capital should be around $6k.

[franky1]

So I am looking forward to venturing into another business but possibly after the 2025 bull run. What's in my head right now is to create a stall for grilled chicken business. The estimated capital should be around $6k.

before laying out $6k on a stall, just spend $30 on poultry and ingredients(condiments, herbs, spices, marinates) to make 10 varieties of flavours and then get neighbours, co workers, friends, family, random locals to rate it. work on building up a desired recipe, menu before purchasing a stall

even do a random survey of locals to ask what type of chicken they prefer, not just when eating out, but more when they home cook because there is not a eat-out option that meets their tastebuds(find the missing niche)

once you have the perfect recipe. choose the presentation.. Caesar salad, chicken cheese steak, chicken burger...
then if you want to save the $6k upfront try the option i mentioned in previous post (replace hotdogs with your prepared/marinated chicken)

[dothebeats]

So I am looking forward to venturing into another business but possibly after the 2025 bull run. What's in my head right now is to create a stall for grilled chicken business. The estimated capital should be around $6k.

before laying out $6k on a stall, just spend $30 on poultry and ingredients(condiments, herbs, spices, marinates) to make 10 varieties of flavours and then get neighbours, co workers, friends, family, random locals to rate it. work on building up a desired recipe, menu before purchasing a stall

even do a random survey of locals to ask what type of chicken they prefer, not just when eating out, but more when they home cook because there is not a eat-out option that meets their tastebuds(find the missing niche)

once you have the perfect recipe. choose the presentation.. Caesar salad, chicken cheese steak, chicken burger...
then if you want to save the $6k upfront try the option i mentioned in previous post (replace hotdogs with your prepared/marinated chicken)

That is a good suggestion here. It is always best to know what your target clients and customers prefer so you'll have a general idea of what your products will be. Many businessmen do this in order to know and understand the general area where they're planning to place their business and the type of products their target customer or the general public prefers, that way you wouldn't be launching a product that only the minority likes which then will result to low sales.

[Webetcoins]

In the USA $2,000 to $5,000 capital can be considered as small business but here in my country, that amount is too much for a small business. In that price range I can even buy a residential or an agricultural land that appreciate it's value over time. With $2,000 - $5,000 I can buy and sell gold and silver coins that could make decent profit as well.

It's true that it basically depends on where you are living and what your budget is based on your location because a small-scale business in some countries might be able to make someone start a medium-scale business in a third-world or developing country. However, when you say that you want to start a small-scale business, you mean to say that it should be a small-scale business based on everyone's residing region and the type of businesses they can do with a small budget in there.

I also believe that the income would also vary for different locations or parts of the world where a person might be doing a small-scale business. One might be able to earn a good sum through tips and stuff in some countries around the world while one might get nothing at all at other parts, so the income can also depend.

[Gaza13]

Basically, in starting a business, whether small or large, there are always risks, In this world there is no such thing as a new product in opening a business, we can follow the example of fast food (McDonald's), French fries which require small capital, extraordinary profits, another thing, (Jco, pizza Hut, KFC) from here we learn to make and modifying your own method in terms of taste and topping variants. There are many others.

Apart from that, when opening a business, it is best to open a shop or outlet by pushing a cart first. For example, you sell your business merchandise to existing busy places, for example schools, etc. From here we can know whether our business is interested or not. If many people are interested, of course finances will become stable. If our finances are stable, it would be good for us to invest some of the money we have and some to add to other businesses such as livestock businesses, etc. Usually successful people with passive income don't just have one business, or just one line of business. Instead, they develop or create new businesses in other fields. Everything needs a process in life, don't look luxurious, look as simple as possible

[Patrol69]

The best way to get the investment for the capital will be the saving of the money during the job going time.So the same money help you to get into the business in the future.But the saving alone help the person to rise the capital.The small scale business need of the less money as the capital.Many people target the large scale business and forgot the small scale business.Many millionaire was start their business in the small scale and using that money they get into the large scale and achieve in their life.

If you work you will get fixed amount of money at the end of the month but when you do business your amount of money will be unfixed.  Those who do not have financial support can take a job and save some money and then start a business. Business can be of any type, a new person should choose a business that will be easy for him or a business that he can achieve success quickly. Experienced people always say to look for alternative sources of income. According to them you have a good job now you are satisfied with that job but still need to build a business or outsourcing means to never have financial problems. 
A person can start any business according to his ability whether it is a small scale business or a large scale business.

[Oasisman]

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

That small scale business that could bring you to success is most probably gonna be something your'e passionate about, otherwise you'll just gonna end up giving up up on them once the first failure occurs. Also, if you're looking to start that business, it should always have a place to be advertised over the internet and also has it's own social media page. That way, it could reach your target market the fastest and easiest way with you not going outside your comfort zone.
We cannot be specific about what kind of business it is because we all have a different field of interest and we all have a different kind of perspective when it comes on how to handle it and it's failure. By being passionate about that specific business model, you'll have lower the risk without you knowing it. Being passionate about something means you know a lot of things about it, like for example you know how to draw or paint, being a digital artist and sell your artwork won't require you a lot of time to master it because you've already possessed it naturally. The time you could've spent mastering it would be diverted into finding potential clients, so that brings you one step closer to success. Once you've established your name in that specific industry, you'll figure out how to have a passive income eventually easily.

[franky1]

another idea for starting a business is to not open a physical store straight away but a online store. whereby you ask lots of local producers to sell their stuff via you where you have local distribution set up (think amazon but on the populous of a town instead of world)

taking examples of the food business again. (because everyone needs to eat)
i have seen food trucks get more customers through food delivery apps than by people walking to the location themselves. so sometimes the many thousands needed to set up a food truck and have location permits becomes an unrewarding expense

there are other examples where ghost kitchens. which work with many vendors to produce lots of variety in one kitchen/central point so that people can choose (dream scenario) burger king whopper with a mcdonalds shake and kfc chicken all on the same menu, and get it delivered in one package/transaction. after all we all have those friends or relatives who refuse to agree on the same food types as you when you want to order something

so expanding on the idea you can find some local vegetable farmers and facilitate their needs in a central contact point so that people dont have to visit different vegetable venues to get best produce. i know a retail store butcher that always selects the best cuts of meat from several farms each week to ensure top quality each time, he doesnt just source meat from one farm, same goes for some fruit&veg stalls because one farm may have a bad crop one season where another has a good crop. so people prefer the ease of always having a good selection without having to race around town to find it

expanding on that people that make custom jewellery, clothes, anything novel and local. heck even have local artists show their art on you site
products can advertise through a central site thats dedicated to the local area to inspire 'local economy' and 'food miles' preservations. while you take a cut for advertising/facilitation costs (you know amazon take 30% kickback right)

alot of people keep thinking a small business involves buying a shop front with space for customers to enter and wander around.. of they think if they are into fashion they need to have a clothing factory they need to set up to make clothing in-house
but the best start ups for small businesses is to outside the production and have the products viewable in people faces even without leaving their living room

[Negotiation]

Do you have a small business idea? or business experience? I want to hear it

One business idea that can be done with relatively small capital and is quite promising is opening a roadside food stall. As far as I know they can take profits of up to 200% of capital. Quite promising, especially if it can be developed and has many branches. The risk is that if your food doesn't sell, it will go stale and can't be resold

Even if food cannot be resold the food and beverage industry is one of the best ideas for small businesses these days. There is a demand for selling food throughout the year and there is less chance of loss in this business. Also the restaurant industry is one of the most profitable retail opportunities one of the best food service management ideas in a small town. Starting a fast food restaurant of any scale is extremely profitable in a busy market. It is good to invest in fast food restaurant business any unemployed woman or man can arrange their own employment through fast food restaurant.

[armanda90]

I have some experience with small scale businesses ranging from food to clothing businesses, although with small business scale it does not rule out the possibility that the losses experienced are also small considering that there is quite a lot of business competition on this scale, especially with competition with large scale businesses such as companies. Looking for efficiency small scale business depend with your skill prefer on business, food, clothing design or which one more show with your skill and easy for building up with business in the future.

Food is most respond for small scale business but you have unique ideas and your business more difference than other business, actually look forward with new model of food and get modern concept when building up small scale business exactly in food. You must have experienced as chef if want build up as food with you small scale business and most important your business have adapt well with taste of your costumer around.

[Baki202]

I have some experience with small scale businesses ranging from food to clothing businesses, although with small business scale it does not rule out the possibility that the losses experienced are also small considering that there is quite a lot of business competition on this scale, especially with competition with large scale businesses such as companies. Looking for efficiency small scale business depend with your skill prefer on business, food, clothing design or which one more show with your skill and easy for building up with business in the future.

Food is most respond for small scale business but you have unique ideas and your business more difference than other business, actually look forward with new model of food and get modern concept when building up small scale business exactly in food. You must have experienced as chef if want build up as food with you small scale business and most important your business have adapt well with taste of your costumer around.

I like were your experience is coming from which are the basic things that people need from food to cloths i wonder what people will do if there is no food to eat and everything we do is because of food there is no argument about that. Definitely the competition will be high since its a small scale a lot of people can afford the start up.  Just that you will get experience even when you get bigger once, and this days is even hard to do business. But business like food is a good one and you have to make yours unique just for more sells. And how you offer customer service is also important.

[Lantind]

I have some experience with small scale businesses ranging from food to clothing businesses, although with small business scale it does not rule out the possibility that the losses experienced are also small considering that there is quite a lot of business competition on this scale, especially with competition with large scale businesses such as companies. Looking for efficiency small scale business depend with your skill prefer on business, food, clothing design or which one more show with your skill and easy for building up with business in the future.

Food is most respond for small scale business but you have unique ideas and your business more difference than other business, actually look forward with new model of food and get modern concept when building up small scale business exactly in food. You must have experienced as chef if want build up as food with you small scale business and most important your business have adapt well with taste of your costumer around.

I like were your experience is coming from which are the basic things that people need from food to cloths i wonder what people will do if there is no food to eat and everything we do is because of food there is no argument about that. Definitely the competition will be high since its a small scale a lot of people can afford the start up.  Just that you will get experience even when you get bigger once, and this days is even hard to do business. But business like food is a good one and you have to make yours unique just for more sells. And how you offer customer service is also important.

Starting a business in the food sector is indeed a very profitable thing if the menu we offer has good taste quality and we have to choose a strategic location to build the business. In facing market competition, we must be able to maintain production quality so that the food produced is no different from before. If the business we build is in the clothing sector, I think there are many things we have to consider because the goods we offer must always be the newest because it is very rare for people to look for clothes with models that have been out on the market for a long time and if the goods we offer are old, of course we have to sell it at a cheaper price.

[hafiztalha]

So I am looking forward to venturing into another business but possibly after the 2025 bull run. What's in my head right now is to create a stall for grilled chicken business. The estimated capital should be around $6k.

before laying out $6k on a stall, just spend $30 on poultry and ingredients(condiments, herbs, spices, marinates) to make 10 varieties of flavours and then get neighbours, co workers, friends, family, random locals to rate it. work on building up a desired recipe, menu before purchasing a stall

even do a random survey of locals to ask what type of chicken they prefer, not just when eating out, but more when they home cook because there is not a eat-out option that meets their tastebuds(find the missing niche)

once you have the perfect recipe. choose the presentation.. Caesar salad, chicken cheese steak, chicken burger...
then if you want to save the $6k upfront try the option i mentioned in previous post (replace hotdogs with your prepared/marinated chicken)

That is a good suggestion here. It is always best to know what your target clients and customers prefer so you'll have a general idea of what your products will be. Many businessmen do this in order to know and understand the general area where they're planning to place their business and the type of products their target customer or the general public prefers, that way you wouldn't be launching a product that only the minority likes which then will result to low sales.

To start any business ,it is very necessary ,it should solve people 's problem.More people's problem you will save,more chances to sell your product or service.There are thousands of problems people are facing ,you should identify one problem and work professionally and market your product because is necessary thing in any business even to start a small scale business.Small businessmens should  work for marketing . Marketing is a one thing that can change your small business to large scale business.Education of business is very necessary ,you should develop skills ,in this way you will get chance to enjoy you life without limitations.In digital World, digital marketing is very important.One should invest in digital marketing and should be available on social media platforms like Facebook ,Instagram and TikTok and YouTube.These platforms will increase your income and trust on you.

[Renampun]

...

If you work you will get fixed amount of money at the end of the month but when you do business your amount of money will be unfixed.  Those who do not have financial support can take a job and save some money and then start a business. Business can be of any type, a new person should choose a business that will be easy for him or a business that he can achieve success quickly. Experienced people always say to look for alternative sources of income. According to them you have a good job now you are satisfied with that job but still need to build a business or outsourcing means to never have financial problems. 
A person can start any business according to his ability whether it is a small scale business or a large scale business.

that's absolutely true, there are several businesses that can be started on a small scale for beginners and all of this can be found by watching your surroundings carefully, the women's accessories business that I started several years ago is still running quite well to date, even though there is no increase in consumers which is significant, but I am quite satisfied because if you average it out, the results I get are quite stable every month, I can also save well, that's also because I follow the BTC paid campaign, as long as I can still work then I will continue to try to earn money, it's all for my preparation for the future.

[dansus021]

Small-scale business is opening a youtube channel or selling some groceries in real life bro. 

Let's say in your place far away from the minimart and there is no other person who sells groceries you can start selling it buy from a big market or supermarket and then sell it outside the house the profit might small but continues. Sell fast move stuff like soap, rice, vegetable oil etc.

or invest in stock market but This is not considering as a business in my opinion but dividen stock can give you money

[Litzki1990]

Small-scale business is opening a youtube channel or selling some groceries in real life bro.  

Let's say in your place far away from the minimart and there is no other person who sells groceries you can start selling it buy from a big market or supermarket and then sell it outside the house the profit might small but continues. Sell fast move stuff like soap, rice, vegetable oil etc.

or invest in stock market but This is not considering as a business in my opinion but dividen stock can give you money

If you start a grocery store on a small scale in the initial stage, we can call it a small scale business, but when your business becomes profitable, your business will go from a small scale to a much larger scale. From practical experience, I have seen many businessmen who started their business on a very small scale and have become very big businessmen today. Again, I have seen many businessmen who started their business and did very good business for three to four months only to close their business due to debt. A trader has to keep in mind all aspects, according to how much capital a trader has to pay the balance. My capital is less but if I sell all the products in the rest but we can't run our business. The rest of the calculation is bringing the right product at the right time and attracting customers and treating customers well, if done properly, a person can grow from a small business to a big business.

[dansus021]

If you start a grocery store on a small scale in the initial stage, we can call it a small scale business, but when your business becomes profitable, your business will go from a small scale to a much larger scale. From practical experience, I have seen many businessmen who started their business on a very small scale and have become very big businessmen today. Again, I have seen many businessmen who started their business and did very good business for three to four months only to close their business due to debt. A trader has to keep in mind all aspects, according to how much capital a trader has to pay the balance. My capital is less but if I sell all the products in the rest but we can't run our business. The rest of the calculation is bringing the right product at the right time and attracting customers and treating customers well, if done properly, a person can grow from a small business to a big business.

Yeah opening a new business can be very hard, there are so many factors that can happen including attracting customers and initial investment.
Debt also play a high role in business we can actually see large-scale medium-scale business that run for decades decide to bankrupt so money management is also important.

[junder]

Small-scale business is opening a youtube channel or selling some groceries in real life bro. 

Let's say in your place far away from the minimart and there is no other person who sells groceries you can start selling it buy from a big market or supermarket and then sell it outside the house the profit might small but continues. Sell fast move stuff like soap, rice, vegetable oil etc.

or invest in stock market but This is not considering as a business in my opinion but dividen stock can give you money

Yes, it's true what you said, but at this time there are also many people who trade via the internet, because at this time most people are always active every day on the internet that way they easily access people to see the products being sold, of course it must be accompanied by marketing techniques as much as possible the seller must make good advertisements to attract the attention of people who are active on the internet, like this it is easy to access people outside or far away, if a business like this can produce and even be profitable of course the seller will not continue like this he will do something else by opening a shop that will become a warehouse for their goods.

Of course this is one of the effective ways to utilize the internet which is currently being widely used by everyone, by broadcasting live broadcasts to show the goods we sell, of course here too the seller must be smart to talk to attract the attention of everyone who watches it so that they can buy the goods being sold. Even without direct interaction like this, good marketing techniques must also be mastered. So there is nothing wrong with trying opportunities like this that initially did not have a shop maybe later it will be able to set up a shop.

[Noson]

In our society today, small scale business has greatly been beneficial to people. For a start, it doesn't really involve a gigantic capital. All you just need to do is to decide on a particular one.

Personally, I have been dealing with fairly used clothes, shoes and bags. Honestly the profit involved is mouth watering.

This business entails close checking and quality of the goods you intend to buy and sell to your customers. Once you can master this, then you are in for a favourable and  unending financial bursts

[bhadz]

Can be from loans, from the sale of your other assets, or from your savings. But today is actually a great era when you don't need some investment for some business ideas. Do you see the annoying affiliate links that are being shared on social media? They are referral links that's being clicked by the viewers of those contents that are also interested in the products that they share there. You don't need capital in doing that and all you need to do is to have effort in doing contents like short time videos and then at the end of its caption there goes the affiliate link for that product and every sale being done through your link, there goes the commissions that will go to you.

[EluguHcman]

Most times some business people do not have the strategy of marketing such as setting of campaigns and adverts but have the capital to undergo a business while some person's do have the required quality of marketing strategies but does not have the capital to kickstart the business.

So, if you want to start a small scale business, it should be something knowledged about and you must be a shameless type because your endivoirs engagements may be seemed underrating to the seight of the public.

Sometimes you know what particular products or investment that is required in a particular environment, you can lias with someone for a marketing partnership.

E.G.
If you have learnt and acquired the necessaries, you can meet one of such business products investors to release some part of his/her goods to you for marketing with his fixed price and an agreed percentage you would gain from every sales, then you can go on home deliveries or the axis you learnt where the products would be needed, you can also add a price of your own if possible and giving your products Investor his returns.
You can also create online marketing sites advertising the goods while posing to be the legitimate owner and while doing this, you are making names with a branded inventors business names as you uses someone else's products to make speculations of yourself same time making little savings.

From the onset, zero capital was required til you began to explore enquiring where your products owner or alternatively how you can purchase such products by yourself at your readiness while you keep saving to realize some capitals and we time keeping customers on a circle til you know you have saved a little to start on your own with the little way you can.

For instance it was a  clothing business, then while you do your home or street deliveries, you can start up a roadside shopping centre while you strives to explore til your dream is met at your most goal of success.

[Egii Nna]

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

Yes, there are many small businesses that you can do to earn money, but some need skills while others don't. Some examples of this small business include selling items online. For instance, you can bake small cakes, sell them, and do other snacks. Again, you can still buy and sell items online like headsets, phones, and other gadgets, which will gain you more profit and less loss. You can also teach others the skills you have by organising online classes, and you will be paid for these skills, including graphic design, web development, writing, and many of them. This skill can get you more money than you ever thought of getting.These are some small business ideas that I know will bring more profit to you as an individual.

[MarjorieZimmermanGinger]

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?

And rest assured not everyone talks from what they've lived, there's no way to build a big investment if you don't have money. Unless you run a regular small investment pattern like some of the DCA patterns that people often talk about on this forum.

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.

A small business that has good potential in the future will also enable someone to build the business to be more advanced. But do we know what kind of business has potential in the future because currently people are experiencing financial problems? Building a small business will not bring quick success because it requires a slow process to see the results and if there is no patience it will actually make us bored.

Do you have a small business idea? or business experience? I want to hear it

See what potential is good for a small business idea that can make money quickly and when we can examine this it will be easy for us to run it. Even though the income is not large, if it is stable it will be much better because there will always be a circulation of money.

[carlfebz2]

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

Yes, there are many small businesses that you can do to earn money, but some need skills while others don't. Some examples of this small business include selling items online. For instance, you can bake small cakes, sell them, and do other snacks. Again, you can still buy and sell items online like headsets, phones, and other gadgets, which will gain you more profit and less loss. You can also teach others the skills you have by organising online classes, and you will be paid for these skills, including graphic design, web development, writing, and many of them. This skill can get you more money than you ever thought of getting.These are some small business ideas that I know will bring more profit to you as an individual.

Everything could really be done as long you are really that aware on how it do works and on how things should really be needing to deal with.If you are that someone who do just make yourself that too in a rush on making decisions just because you do know that business could possibly make you rich then you are really just simply putting up yourself into tough situations on which it is really the result on rushing up things
without thinking up clearly.Yes, small scale business could really becomes that big if that it would really be handled well but if not then failures or not being successful would really be next in line.There's so much ideas that we could really be able to take specially on running a business and as long you do have the capital then you do have all the choice.

Tons of ideas but making it grow and be successful would be the toughest challenge of all because you are risking your money on here or capital on which means that we are talking money on here
on which it would really be just that right that you would really be that careful on taking up actions and decisions which you would seem that it would really be that beneficial on your
part because if not then you are just basically wasting your time.

[slapper]

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

Yes, there are many small businesses that you can do to earn money, but some need skills while others don't. Some examples of this small business include selling items online. For instance, you can bake small cakes, sell them, and do other snacks. Again, you can still buy and sell items online like headsets, phones, and other gadgets, which will gain you more profit and less loss. You can also teach others the skills you have by organising online classes, and you will be paid for these skills, including graphic design, web development, writing, and many of them. This skill can get you more money than you ever thought of getting.These are some small business ideas that I know will bring more profit to you as an individual.

Everything could really be done as long you are really that aware on how it do works and on how things should really be needing to deal with.If you are that someone who do just make yourself that too in a rush on making decisions just because you do know that business could possibly make you rich then you are really just simply putting up yourself into tough situations on which it is really the result on rushing up things
without thinking up clearly.Yes, small scale business could really becomes that big if that it would really be handled well but if not then failures or not being successful would really be next in line.There's so much ideas that we could really be able to take specially on running a business and as long you do have the capital then you do have all the choice.

Tons of ideas but making it grow and be successful would be the toughest challenge of all because you are risking your money on here or capital on which means that we are talking money on here
on which it would really be just that right that you would really be that careful on taking up actions and decisions which you would seem that it would really be that beneficial on your
part because if not then you are just basically wasting your time.

Undoubtedly, entirely accurate! Mastering one's understanding of how things function is fundamental to achieving success in any endeavor. And in a hurry? Making hasty decisions in the realm of business, particularly when one is seeking a substantial profit, can undoubtedly result in unfavorable consequences. It is akin to plunging into a pool without first assessing its depths...

Small enterprises are capable of experiencing tremendous growth. However, they require attention, care, and above all else, patience. Patience is vital! Becoming abrupt or rushing is tantamount to establishing oneself for failure. Furthermore, absolutely nobody desires that.

Ideas? There are loads and tons of them in our possession. However, the true test lies in what makes them function and achieve success. It is capital, or money, that matters most. You are risking your diligently earned money; therefore, extreme caution is required. Each action and decision ought to be evaluated and considered. Because, frankly, time is money and we certainly do not wish to squander it. Let us endeavor to restore the glory of business, albeit with prudence and sagacity

[dansus021]

Yes, it's true what you said, but at this time there are also many people who trade via the internet, because at this time most people are always active every day on the internet that way they easily access people to see the products being sold, of course it must be accompanied by marketing techniques as much as possible the seller must make good advertisements to attract the attention of people who are active on the internet, like this it is easy to access people outside or far away, if a business like this can produce and even be profitable of course the seller will not continue like this he will do something else by opening a shop that will become a warehouse for their goods.

Of course this is one of the effective ways to utilize the internet which is currently being widely used by everyone, by broadcasting live broadcasts to show the goods we sell, of course here too the seller must be smart to talk to attract the attention of everyone who watches it so that they can buy the goods being sold. Even without direct interaction like this, good marketing techniques must also be mastered. So there is nothing wrong with trying opportunities like this that initially did not have a shop maybe later it will be able to set up a shop.

Trade via the Internet is very easy to reach but hard to accomplish  I mean I see dozens of people ending up losing so trade also needs good knowledge before doing any kind of trading.

If you sell a product nowadays also hard because the competition is very tight and yeah you need a ton of money to do marketing and advertisements. I heard something on the internet about dropshipping but I dont know if that gonna worth it

[wallet4bitcoin]

So I spoke with a business owner in Portugal concerning this particular topic and he told me that most times you need to raise seed from your close family and friends and start the business and allow the business to gain traction before the VCs can come in and talk about it or invest in it. If this is the major way or raising capital and funding then it means that loads of business ideas didn't see the light of the day.

This post is timely as it gives those businesses the platform to share it and see if they can get associates from in here.

[Lorence.xD]

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

Yes, there are many small businesses that you can do to earn money, but some need skills while others don't. Some examples of this small business include selling items online. For instance, you can bake small cakes, sell them, and do other snacks. Again, you can still buy and sell items online like headsets, phones, and other gadgets, which will gain you more profit and less loss. You can also teach others the skills you have by organising online classes, and you will be paid for these skills, including graphic design, web development, writing, and many of them. This skill can get you more money than you ever thought of getting.These are some small business ideas that I know will bring more profit to you as an individual.

Nowadays, you can build your own business from scratch, especially with the help of the internet, as we can observe from the examples you have mentioned are mostly involved online. Not only do you need skills but also knowledge cause you might have the skills for business but if you don't have any idea about the information such as planning, for sure it would be a waste. If you don't have the skill and knowledge yet, you could search for what you prefer like baking donuts, building or fixing a personal computer, etc.

But many people are also doing this kind of thing, so before you start you would really need to plan things out, like who is your target customer. What is your target location? if you are teaching and it's online like overseas students cause certain places are understaffed with teachers. It's alright if you have similar interests with anyone cause competition is also part of the business industry.

[uswa56]

Yes, it's true what you said, but at this time there are also many people who trade via the internet, because at this time most people are always active every day on the internet that way they easily access people to see the products being sold, of course it must be accompanied by marketing techniques as much as possible the seller must make good advertisements to attract the attention of people who are active on the internet, like this it is easy to access people outside or far away, if a business like this can produce and even be profitable of course the seller will not continue like this he will do something else by opening a shop that will become a warehouse for their goods.

Of course this is one of the effective ways to utilize the internet which is currently being widely used by everyone, by broadcasting live broadcasts to show the goods we sell, of course here too the seller must be smart to talk to attract the attention of everyone who watches it so that they can buy the goods being sold. Even without direct interaction like this, good marketing techniques must also be mastered. So there is nothing wrong with trying opportunities like this that initially did not have a shop maybe later it will be able to set up a shop.

Trade via the Internet is very easy to reach but hard to accomplish  I mean I see dozens of people ending up losing so trade also needs good knowledge before doing any kind of trading.

If you sell a product nowadays also hard because the competition is very tight and yeah you need a ton of money to do marketing and advertisements. I heard something on the internet about dropshipping but I dont know if that gonna worth it

Of course, all the trading we do also requires knowledge, both in real terms and via the Internet, and if we continue to follow the flow, competition will be quite tight.
However, I think capital is not an obstacle for everything, indeed if there is large capital it will make it easier for us to do business, but that is not a guarantee.

I think to do business on a small scale we don't always have to think about capital, there are many things we can do to be able to run a business and even with small profits.

[knowngunman]

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?

This is a big question to everyone. Finding capital to start investment is even more difficult than managing investment itself. Some people consider taking loan to start up business or investment but I don't see that as an option to acquire capital for investment because of risk involved. Investment and business's success is not guaranteed and you will be in debt if it fails.

I believe that no matter how small it may be, everyone has a regular income in one way or another. The best way is to save up money from that your regular income. If you're just starting out, it might be better to focus on building up your savings before you start investing.

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

This depends on individual preference and location. We have many profitable businesses with low risk both online and offline but they require patience to build. The small scale business idea I have might not work for you or you may not like it. It's chicken rearing and yes it is profitable if you can manage it very well but you know there's no business that is risk free. The chickens may die due to poor management or disease breakout but if you managed to overcome the hurdles you'll definitely realize reasonable profit.

[boty]

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?

This is a big question to everyone. Finding capital to start investment is even more difficult than managing investment itself. Some people consider taking loan to start up business or investment but I don't see that as an option to acquire capital for investment because of risk involved. Investment and business's success is not guaranteed and you will be in debt if it fails.

I believe that no matter how small it may be, everyone has a regular income in one way or another. The best way is to save up money from that your regular income. If you're just starting out, it might be better to focus on building up your savings before you start investing.

It is true that managing a business that is already running is easier than looking for capital and starting a business. I agree with you that taking a loan to start a business is not a good choice because we cannot yet guarantee that the business we are going to build will run well, so it would be better not to use a loan to build a business.
Collecting capital for a business that we will build is better than taking out a loan because we can prepare a business idea that we will build and if we already have capital then we can run the business well.

[Razmirraz]

Yes, it's true what you said, but at this time there are also many people who trade via the internet, because at this time most people are always active every day on the internet that way they easily access people to see the products being sold, of course it must be accompanied by marketing techniques as much as possible the seller must make good advertisements to attract the attention of people who are active on the internet, like this it is easy to access people outside or far away, if a business like this can produce and even be profitable of course the seller will not continue like this he will do something else by opening a shop that will become a warehouse for their goods.

Of course this is one of the effective ways to utilize the internet which is currently being widely used by everyone, by broadcasting live broadcasts to show the goods we sell, of course here too the seller must be smart to talk to attract the attention of everyone who watches it so that they can buy the goods being sold. Even without direct interaction like this, good marketing techniques must also be mastered. So there is nothing wrong with trying opportunities like this that initially did not have a shop maybe later it will be able to set up a shop.

Trade via the Internet is very easy to reach but hard to accomplish  I mean I see dozens of people ending up losing so trade also needs good knowledge before doing any kind of trading.

If you sell a product nowadays also hard because the competition is very tight and yeah you need a ton of money to do marketing and advertisements. I heard something on the internet about dropshipping but I dont know if that gonna worth it

I agree with you, according to the content of the topic being discussed, a small scale business means the capital is very limited. Trading via the internet is clearly very difficult to achieve with small capital, especially since there are so many other traders who offer discounts when starting trading in order to get sympathy from buyers.
The goods sold must also meet the criteria desired by the buyer. When the goods ordered do not match the buyer's tastes, the goods will be returned especially if the buyer uses the payment method after the goods reach the buyer.

[Gozie51]

So I spoke with a business owner in Portugal concerning this particular topic and he told me that most times you need to raise seed from your close family and friends and start the business and allow the business to gain traction before the VCs can come in and talk about it or invest in it. If this is the major way or raising capital and funding then it means that loads of business ideas didn't see the light of the day.

This post is timely as it gives those businesses the platform to share it and see if they can get associates from in here.

I agree with the person you spoke with on financing startups businesses. Most of the business start from either getting support from families who give soft loan or unrefundable loans to their family members to start up business and try and become independent from them. They sometimes give it out as loan on the face level so that there will be the zeal to grow the business but afterwards the giver may not request even the capital. It is usually gesture to support a family member and many families have supported their siblings to grow in business.

[odunybiz]

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 are alot of businesses out there but a business that works for Man A may not work for Man B. This is because there are a lot of factors to be considered before going into a business.

[Iroh]

Trade via the Internet is very easy to reach but hard to accomplish  I mean I see dozens of people ending up losing so trade also needs good knowledge before doing any kind of trading.

If you sell a product nowadays also hard because the competition is very tight and yeah you need a ton of money to do marketing and advertisements. I heard something on the internet about dropshipping but I dont know if that gonna worth it

I don’t think a trade done with a client over the internet is hard to conduct successfully. On the contrary, the internet has made it so much easier to find prospective customers from all over the earth for our business. But like any other service with good intentions, it’s open to abuse. Hence the constant need to make proper research about all parties involved before doing a trade with someone over the net.

Competition is always there as there are other businesses offering the same type of goods or/service. While you do need a lot of money for marketing and advertisement purposes, goodwill would speak more for your business than any marketing and advertising campaign.

[wallet4bitcoin]

I agree with the person you spoke with on financing startups businesses. Most of the business start from either getting support from families who give soft loan or unrefundable loans to their family members to start up business and try and become independent from them. They sometimes give it out as loan on the face level so that there will be the zeal to grow the business but afterwards the giver may not request even the capital. It is usually gesture to support a family member and many families have supported their siblings to grow in business.

Supporting family members to setup a businesses isn't a traditional approach to setting up business as the business owners tend to approach the business with a lackadaisical standpoint. So, it's ideal if you make it look like a loan even if you wouldn't ask for the reimbursement.

[coupable]

I agree with the person you spoke with on financing startups businesses. Most of the business start from either getting support from families who give soft loan or unrefundable loans to their family members to start up business and try and become independent from them. They sometimes give it out as loan on the face level so that there will be the zeal to grow the business but afterwards the giver may not request even the capital. It is usually gesture to support a family member and many families have supported their siblings to grow in business.

Supporting family members to setup a businesses isn't a traditional approach to setting up business as the business owners tend to approach the business with a lackadaisical standpoint. So, it's ideal if you make it look like a loan even if you wouldn't ask for the reimbursement.

From personal experience, the most difficult thing a person can face while trying to establish a business is to receive support in the form of help or assistance, which most often comes from family members or someone close to them.  The problem with this type of support is that it will remain in the form of a moral debt that cannot be repaid or fulfilled financially.  I remember once how my father helped me then forced me to partnered with my brother who failed the project in a very short period.

[AicecreaME]

Business whether its big or small, it will always have its own risk. To minimize risks in every business, you have to know what you're doing, a business plan is a must. You must know where to start your business, your target customer, your budget, and what kind of business is fitted in your area.

Also, you have to make a very unique marketing strategy or an advertisement to make it famous in no time, so the audience will be curious about your business and your customers in no time.

[Hamphser]

Business whether its big or small, it will always have its own risk. To minimize risks in every business, you have to know what you're doing, a business plan is a must. You must know where to start your business, your target customer, your budget, and what kind of business is fitted in your area.

Also, you have to make a very unique marketing strategy or an advertisement to make it famous in no time, so the audience will be curious about your business and your customers in no time.

The risks is really just that the same, it would really just only differ on the intensity of the amount that you would really be losing. If you have put up big capital then losing amount would be that big too
but with small one then it would really be that small but seeing on the bigger picture then it is really just that the same.It is really just that each person does have that different level of capacity
when it comes to finances or something that do talks about capital. Some could start up some big and some could just start small but it is really just that the same when it comes to risk taking
and factors that could affect your business outcome.

I agree with those points above that you should really be that making yourself that knowledgeable when it comes to make some business because we are talking some money on here
and putting up capital. You cant really just that make yourself that easily be confident about being successful considering that not all business do really end up
on greens and there still lots who had ended up on bankrupt.

[Dickiy]

Business whether its big or small, it will always have its own risk. To minimize risks in every business, you have to know what you're doing, a business plan is a must. You must know where to start your business, your target customer, your budget, and what kind of business is fitted in your area.

Also, you have to make a very unique marketing strategy or an advertisement to make it famous in no time, so the audience will be curious about your business and your customers in no time.

And the level of risk also depends on the size of the business they are building. But alone will not care too much about the size of the business that is running because of course the key to the initial success of the business itself is in terms of management, even though your business is small and maybe you will not be too upset if a small risk occurs but I say it is a bad start from the management you apply, how can you build a business with a large scale if only running a small business you or they can not.

Sufficient capital, initial planning, target market, structured records, good management and also a mature understanding or knowledge will be the key to the success of the business, it's useless even though you may have some of the above but you don't have good management then everything will fall apart. Agree and if for example your business looks increasingly quiet because of some unsupportive factors such as lack of interest from consumers then you can use some strategies that you have considered from all sides, for example as you said, holding promotions or discount vouchers that will be very helpful to restore or increase the number of your customers, and yes it is true that a form of marketing that looks unique will also be very able to attract the curiosity of the audience and indirectly it will distinguish you from other competitors.

[Gaza13]

Business whether its big or small, it will always have its own risk. To minimize risks in every business, you have to know what you're doing, a business plan is a must. You must know where to start your business, your target customer, your budget, and what kind of business is fitted in your area.

Also, you have to make a very unique marketing strategy or an advertisement to make it famous in no time, so the audience will be curious about your business and your customers in no time.

Yes, building or starting a business is definitely full of challenges in running it, besides that, the risk of failure will definitely come, and when you start you won't always be successful at the start. Yes, it's true that we have to have a strategy to compete in the field. It's not just capital, thoughts and energy are also involved in it or people's consumption targets must also be in mind. Creative ideas are also very important, so that they are different from other competitors.

In this world, nothing is easy to achieve success, everything requires struggle and hard work, fight until you can reach the finish line, because successful people will not know the word give up. Because results will never betray a process.

[Uruhara]

Nowadays, starting a small business doesn't even require as much capital as before. In the past, when we wanted to open a business, we would think about the location and we would think about renting the place or kiosk that we would use. But nowadays to start a business you don't need that. Because we can take advantage of sales through online shop platforms which are even free. We can open an online shop and promote our business at a lower cost.

And now we can also sell any products around us that are not available elsewhere or are rarely available elsewhere. Yes, herbal products are currently selling very well in online shops. And in my area there are many herbal plants that grow wild and are even ignored by the people here. but when I checked the price on the internet, it turned out to be quite expensive and there were quite a lot of people interested. And I encounter things like this a lot. But unfortunately I'm still busy with my work and haven't been able to start an independent business. I already have plans but I'm still focused on working at the moment.

[Winterfrost]

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

Yes, there are many small businesses that you can do to earn money, but some need skills while others don't. Some examples of this small business include selling items online. For instance, you can bake small cakes, sell them, and do other snacks. Again, you can still buy and sell items online like headsets, phones, and other gadgets, which will gain you more profit and less loss. You can also teach others the skills you have by organising online classes, and you will be paid for these skills, including graphic design, web development, writing, and many of them. This skill can get you more money than you ever thought of getting.These are some small business ideas that I know will bring more profit to you as an individual.

Nowadays, you can build your own business from scratch, especially with the help of the internet, as we can observe from the examples you have mentioned are mostly involved online. Not only do you need skills but also knowledge cause you might have the skills for business but if you don't have any idea about the information such as planning, for sure it would be a waste. If you don't have the skill and knowledge yet, you could search for what you prefer like baking donuts, building or fixing a personal computer, etc.

But many people are also doing this kind of thing, so before you start you would really need to plan things out, like who is your target customer. What is your target location? if you are teaching and it's online like overseas students cause certain places are understaffed with teachers. It's alright if you have similar interests with anyone cause competition is also part of the business industry.

I agree with you. There are businesses that are easy to start when you have a smart phone and internet. Online business is good especially for startups then after some time you can get an office or a shop so that those you cant reach out to online can patronize you willingly. Doing online business also requires a lot of natural skills. Skills, like advertising, marketing, strategic planning, customer relation and delivery habit. These skills has to work in hand to hand with the type of business a person wants to do. They are helpful to manage a business to grow. But if you dont have much of these skill you could start and when you start getting little profit and see that you can hire an employee that will fit in some positions then it is cool so that the business can move effectively.

[Razmirraz]

Business whether its big or small, it will always have its own risk. To minimize risks in every business, you have to know what you're doing, a business plan is a must. You must know where to start your business, your target customer, your budget, and what kind of business is fitted in your area.

Also, you have to make a very unique marketing strategy or an advertisement to make it famous in no time, so the audience will be curious about your business and your customers in no time.

Yes, building or starting a business is definitely full of challenges in running it, besides that, the risk of failure will definitely come, and when you start you won't always be successful at the start. Yes, it's true that we have to have a strategy to compete in the field. It's not just capital, thoughts and energy are also involved in it or people's consumption targets must also be in mind. Creative ideas are also very important, so that they are different from other competitors.

In this world, nothing is easy to achieve success, everything requires struggle and hard work, fight until you can reach the finish line, because successful people will not know the word give up. Because results will never betray a process.

People who want to achieve success will never know the word give up, I agree with this opinion. Achieving success is not as easy as turning the palm of your hand or it can just come without consistent effort. Failure in business is a normal thing and often happens, even people who have achieved success are not immune to failure. When failure approaches you, never give up and despair, you keep getting up and trying again because failure is not the end of everything.
 

[salad daging]

Nowadays, starting a small business doesn't even require as much capital as before. In the past, when we wanted to open a business, we would think about the location and we would think about renting the place or kiosk that we would use. But nowadays to start a business you don't need that. Because we can take advantage of sales through online shop platforms which are even free. We can open an online shop and promote our business at a lower cost.

It's not easy to actually sell on an online platform even though it costs nothing, you have to be able to promote to others, become a marketer yourself how to market on social media, what items are currently trending,, indeed this must be quite skillful because it is not that easy what we imagine.

And now we can also sell any products around us that are not available elsewhere or are rarely available elsewhere. Yes, herbal products are currently selling very well in online shops. And in my area there are many herbal plants that grow wild and are even ignored by the people here. but when I checked the price on the internet, it turned out to be quite expensive and there were quite a lot of people interested. And I encounter things like this a lot. But unfortunately I'm still busy with my work and haven't been able to start an independent business. I already have plans but I'm still focused on working at the moment.

You may find herbal plants in your neighborhood but do you know how to process those plants into herbal medicines?
Herbal products in online stores have been fermented or processed in such a way that it is very rare to sell only herbal plants, that's what I know.
If you already know how to process it maybe it will be a good idea that you do for your business.

[Dr.Bitcoin_Strange]

Apart from that, when opening a business, it is best to open a shop or outlet by pushing a cart first.

What if the person doesn't have the money to rent a shop or an outlet? It could be that the person only has the capital to invest in the goods or whatever they want to start selling or making.

Sometimes, starting a small-scale business depends on the country or area you are living in. If it's in some countries, you can start a small-scale business without paying much tax or doing a lot of registration. An example of a simple, small-scale business you can freely do in some areas is dishwashing and handwashing liquid soap production. If you're doing it on a small scale, you don't necessarily need a shop as long as you know how to do your marketing. You can even sell it to some extended relatives, neighbors, and some local restaurants and hotels, and you can still market your products via social media, so you don't really need a physical shop to do that.

[JunaidAzizi]

In our society today, small-scale business has greatly been beneficial to people. For a start, it doesn't involve a gigantic capital. All you just need to do is to decide on a particular one.
I have been dealing with fairly used clothes, shoes, and bags. Honestly, the profit involved is mouth-watering.
This business entails close checking and quality of the goods you intend to buy and sell to your customers. Once you can master this, then you are in for a favorable and  unending financial bursts

Yes, you are right small businesses give you more profits than 9 to 5 jobs. The business not only gives you high profits but is also very easy and control. When Bangladesh gained independence from Pakistan in 1971, they were very poor the government had no money even to construct a short bridge. After that time the government suggested people small scale businesses. the people planted a small factory in their homes and started manufacturing after some time they had very huge amount of products of different types and they exported them to other countries. The aim of telling this fact is that the people think that it will generate a very small revenue but only those people who are doing it know how much it gives profits to them.

[summonerrk]

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

In fact, these are times when finding capital is, in principle, not difficult. Of course, it is best to have your own funds, or rich friends from whom you can borrow money by concluding a special agreement with them, because friendship is one thing, but a large amount of money is another, and these concepts cannot be mixed. Also now banks very easily give away huge sums of money if you justify your small business idea to them, it seems to me that this is done very easily as never before. The main thing is to calculate all the risks and profitability of the future business, so as not to end up owing money to the bank.

[junder]

Business whether its big or small, it will always have its own risk. To minimize risks in every business, you have to know what you're doing, a business plan is a must. You must know where to start your business, your target customer, your budget, and what kind of business is fitted in your area.

Also, you have to make a very unique marketing strategy or an advertisement to make it famous in no time, so the audience will be curious about your business and your customers in no time.

Yes, building or starting a business is definitely full of challenges in running it, besides that, the risk of failure will definitely come, and when you start you won't always be successful at the start. Yes, it's true that we have to have a strategy to compete in the field. It's not just capital, thoughts and energy are also involved in it or people's consumption targets must also be in mind. Creative ideas are also very important, so that they are different from other competitors.

In this world, nothing is easy to achieve success, everything requires struggle and hard work, fight until you can reach the finish line, because successful people will not know the word give up. Because results will never betray a process.

People who want to achieve success will never know the word give up, I agree with this opinion. Achieving success is not as easy as turning the palm of your hand or it can just come without consistent effort. Failure in business is a normal thing and often happens, even people who have achieved success are not immune to failure. When failure approaches you, never give up and despair, you keep getting up and trying again because failure is not the end of everything.

 

Yes I agree with that, because with a very confident effort and high ambition someone can achieve success. with a strong mentality in facing every obstacle that exists so that someone is able to get through it and achieve success, many obstacles must be passed if we want success, at this time someone's mentality is tested continuously and can someone get through it. because it is definitely there in the process of achieving success. Only people who are consistent and stick to their beliefs will achieve success with results that make them satisfied.

People who want to achieve success will face existing problems and will feel uprooted, when someone struggles and is halfway through but fails here the attitude of responsibility must be there because they have to choose to continue or stop completely, but there is also someone who stops for a moment because he needs to calm his mind to make decisions that he will take because it will determine his future, so not a few people who are in this situation they even choose to retreat because they feel they have failed and do not want to experience failure again. Of course this is a mindset that must be addressed, where when someone experiences failure they should get up and make the failure that occurs as a lesson not to be repeated later.

[gunhell16]

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

What people usually do to have a capital investment is accumulate personal savings; this is first and often done by most individuals. Second, since we are here in the crypto industry, you can also invest in new projects that have potential if you do DYOR first before you release money.

But of course, these startups that are utility tokens or altcoins have a high risk level, but when your choice is right, the profit you can get from these opportunities is also high. If you are outside of the crypto field, you can look for online opportunities, but the risk is also high, so it depends on how you manage it.

[Davian144]

People who want to achieve success will never know the word give up, I agree with this opinion. Achieving success is not as easy as turning the palm of your hand or it can just come without consistent effort. Failure in business is a normal thing and often happens, even people who have achieved success are not immune to failure. When failure approaches you, never give up and despair, you keep getting up and trying again because failure is not the end of everything.

Failure that comes as a result of mistakes is very normal and is also part of the challenges that must be faced by business owners or people who want to do business. I also agree with what you say because success in anything that does not come by itself must always be achieved through hard effort and struggle because whether a person is successful or not in developing that business depends on how he creates a path for this and how he was diligent in trying to achieve that.

[Minecache]

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

What people usually do to have a capital investment is accumulate personal savings; this is first and often done by most individuals. Second, since we are here in the crypto industry, you can also invest in new projects that have potential if you do DYOR first before you release money.

But of course, these startups that are utility tokens or altcoins have a high risk level, but when your choice is right, the profit you can get from these opportunities is also high. If you are outside of the crypto field, you can look for online opportunities, but the risk is also high, so it depends on how you manage it.

I think OP is talking about traditional business ideas, he is not discussing investing in cryptocurrency. But if we talk about investing in cryptocurrency, I don't think choosing a new project or investing in altcoins is a wise choice. We have tens of thousands of tokens on the market and I don't think it's easy to spend time searching and choosing them. Instead, you should focus on bitcoin and combine with traditional business to ensure you have a strong economy, and investing in bitcoin will secure your future. Instead of spending all your time on shitcoin projects.

[odunybiz]

.......
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

All businesses, big or small, are risky. To do business you need to have knowledge and good talent. OP you can start grocery store business with little capital. Risk is also less in small capital business. People's daily necessities can be kept in the store. You can start with small capital first, if you can profit later. You can invest some of the profit in Bitcoin. Which can be positive for you in future. Investing in Bitcoin can help you grow your business.

I think suggesting a business idea here may not work right. To me, I think OP should go for a feasibility study on his/her environment. What may work in your environment may not sell at all in my environment. Imagine you are trying to sell noodles in an environment with many aged people. After studying your environment, I believe you will definitely see some unlocked potentials.

[poodle63]

People who want to achieve success will never know the word give up, I agree with this opinion. Achieving success is not as easy as turning the palm of your hand or it can just come without consistent effort. Failure in business is a normal thing and often happens, even people who have achieved success are not immune to failure. When failure approaches you, never give up and despair, you keep getting up and trying again because failure is not the end of everything.

Failure that comes as a result of mistakes is very normal and is also part of the challenges that must be faced by business owners or people who want to do business. I also agree with what you say because success in anything that does not come by itself must always be achieved through hard effort and struggle because whether a person is successful or not in developing that business depends on how he creates a path for this and how he was diligent in trying to achieve that.

having made mistake and failing is pretty normal in the field of entrepreneurship indeed but it also depends on how much failure you could tolerate.
there are people with not so good financial condition starting out their own business couldn't endure failing even once, there are people who already rich, starting out business they can fail 10 times and they would still leave unscathed.
that should be something that an entrepreneur should also be thinking, knowing their own capabilties, failing is okay, but you need to make sure that you don't just outright fail.
you should also have really good planning for your business to prevent any chance of failing and therefore could make your business success.
otherwise if you are doing some half baked business planning, be very sure it will just eventually falling apart and fail.

[pinggoki]

Business whether its big or small, it will always have its own risk. To minimize risks in every business, you have to know what you're doing, a business plan is a must. You must know where to start your business, your target customer, your budget, and what kind of business is fitted in your area.

Also, you have to make a very unique marketing strategy or an advertisement to make it famous in no time, so the audience will be curious about your business and your customers in no time.

What's the point of telling everyone about this though? OP is asking for a business idea and I believe that OP did point out about this part already so, a bit redundant of a post if you ask me. If it's a small business, you really don't have to do any advertisement because most small businesses pop up on closely knitted neighborhood in my experience so you really don't need to do any ads to promote because people are going to see your business when they walk by the general vicinity of the business.

About small business idea, the currently trending idea in my local area are food-related like milk tea shops or Korean barbecue joints, so the idea here would be to build a small business that involves serving local or a new culture cuisine, maybe building a Jamaican jerk chicken shop or Jamaican cuisine would be a good small business idea although but you have to be really cooking a really good jerk chicken because if you're not a Jamaican, at least do your best at cultural appropriation for profit.

[zaim7413]

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

In fact, these are times when finding capital is, in principle, not difficult. Of course, it is best to have your own funds, or rich friends from whom you can borrow money by concluding a special agreement with them, because friendship is one thing, but a large amount of money is another, and these concepts cannot be mixed. Also now banks very easily give away huge sums of money if you justify your small business idea to them, it seems to me that this is done very easily as never before. The main thing is to calculate all the risks and profitability of the future business, so as not to end up owing money to the bank.

Friends, Money and Business.
To start a business you need experience, then support a certain amount of money to start the business. My advice (according to personal experience) is not to do any business without having experience because this action is very risky.

You also need to consider the extent of the friendship. If there is mutual trust in your friendship, there is no problem asking a friend for a loan to start a business. I prefer to implement a 50:50 profit sharing system, friends who provide capital for the business, I manage it.

Lending money from the bank to start a business is not the best solution, it is the same as tying a rope around your own neck. Newly started businesses are always faced with two possibilities, in fact most of the times I encounter small scale businesses with limited capital always end tragically.

[Tony116]

Friends, Money and Business.
To start a business you need experience, then support a certain amount of money to start the business. My advice (according to personal experience) is not to do any business without having experience because this action is very risky.

If you do business in an area where you have no knowledge or experience, you are gambling, not doing business. I think no one is stupid and has enough money to do that.

You also need to consider the extent of the friendship. If there is mutual trust in your friendship, there is no problem asking a friend for a loan to start a business. I prefer to implement a 50:50 profit sharing system, friends who provide capital for the business, I manage it.

Is it easy to borrow money from relatives and friends to do business in your country? In my country, no one would be kind enough to do that, and I wouldn't do it either. To be able to do that, you at least need to have a good idea and prove your ability. No one will lend you money when you are incompetent, or unable to repay the debt.

Lending money from the bank to start a business is not the best solution, it is the same as tying a rope around your own neck. Newly started businesses are always faced with two possibilities, in fact most of the times I encounter small scale businesses with limited capital always end tragically.

Bank loan is the best solution I will choose. Although there will be a lot of pressure, it will motivate me to try harder to achieve my goals. Borrowing money from a bank is easier and better than borrowing money from friends in this day and age, where money is valued above all other things, even brotherhood.

[bangjoe]

Friends, Money and Business.
To start a business you need experience, then support a certain amount of money to start the business. My advice (according to personal experience) is not to do any business without having experience because this action is very risky.

If you do business in an area where you have no knowledge or experience, you are gambling, not doing business. I think no one is stupid and has enough money to do that.

Does someone have to have experience to start a business first?
how someone has experience if he never tried it, I don't understand where the context is, but the simple thought is like that.
What I mean by a suitable sentence is that when you don't have work experience in your business field you are very vulnerable to failure, therefore knowledge and work experience in a field are the main things for starting a business.

But strangely, a small number of people can gamble on businesses that they themselves do not have experience and knowledge of in a particular field but can be successful in that field, as long as they are willing to learn and work hard on what needs to be done in that field.

[Bloodseekers]

Does someone have to have experience to start a business first?
how someone has experience if he never tried it, I don't understand where the context is, but the simple thought is like that.
What I mean by a suitable sentence is that when you don't have work experience in your business field you are very vulnerable to failure, therefore knowledge and work experience in a field are the main things for starting a business.

But strangely, a small number of people can gamble on businesses that they themselves do not have experience and knowledge of in a particular field but can be successful in that field, as long as they are willing to learn and work hard on what needs to be done in that field.

If we build a business and we don't have business experience in the field we are building then we have to look for people who already have experience in the business field we are going to build so that the business we build can be run well, but it will be different if we have sufficient capital. a little, then we have to choose the type of business that we will build and of course we already have experience in the field of business that we will build.

Building a business without any experience will certainly mean that you have to work hard in building the business that we are going to build and this is a challenge in itself for some people and of course they really enjoy it when the business they build can run well.

[armanda90]

Does someone have to have experience to start a business first?
how someone has experience if he never tried it, I don't understand where the context is, but the simple thought is like that.
What I mean by a suitable sentence is that when you don't have work experience in your business field you are very vulnerable to failure, therefore knowledge and work experience in a field are the main things for starting a business.

But strangely, a small number of people can gamble on businesses that they themselves do not have experience and knowledge of in a particular field but can be successful in that field, as long as they are willing to learn and work hard on what needs to be done in that field.

How possibilities to get experienced without start first the business? its the same thing when applying job in my country have criteria with several years experienced in working but we are looking for job want to get experienced. Its not problem less experienced or not when start business depend we have manage well with risk and marketing system how to promote our business. Slowly we can learn day by day with our experience after starting business and there are not required with experienced first to start business.
Regarding with many success businessmen story I read, many of them start and build up their business from zero without have more experience and start with small fund.

[bbigtart]

Do you have a small business idea? or business experience? I want to hear it

In this era of sophisticated technology, there are actually lots of opportunities to do business or earn money which we can then invest with this income. It just depends on our intention to start a business or not, business doesn't require a lot of capital, even with technology like now, you can also make money without capital. The point is, we have to have a strong intention first.

I myself started an online sales business and also make money from dropshipping. Actually, this business is to build my business mentality for investing, because my main goal is to have as many bitcoins as possible.

[junder]

Does someone have to have experience to start a business first?
how someone has experience if he never tried it, I don't understand where the context is, but the simple thought is like that.
What I mean by a suitable sentence is that when you don't have work experience in your business field you are very vulnerable to failure, therefore knowledge and work experience in a field are the main things for starting a business.

But strangely, a small number of people can gamble on businesses that they themselves do not have experience and knowledge of in a particular field but can be successful in that field, as long as they are willing to learn and work hard on what needs to be done in that field.

How possibilities to get experienced without start first the business? its the same thing when applying job in my country have criteria with several years experienced in working but we are looking for job want to get experienced. Its not problem less experienced or not when start business depend we have manage well with risk and marketing system how to promote our business. Slowly we can learn day by day with our experience after starting business and there are not required with experienced first to start business.
Regarding with many success businessmen story I read, many of them start and build up their business from zero without have more experience and start with small fund.

Well that's quite reasonable my friend, how can we get experience if we ourselves have never tried it at all, therefore as we know usually someone will be able to achieve success when they have worked hard and experienced many failures in the process but they never give up and keep trying to achieve their dreams, making a failure as experience and learning and that experience will be their provision for the next journey. But basically it is quite difficult to go through all of that and it is not uncommon to end up failing, therefore in my opinion before you finally decide to start a business then at least you have to look from various sides, first see whether the field is in accordance with the expertise you have, if it is appropriate then you can start it but if it is contrary then I think it is better for you to look for another field that is easy enough for you to master.

Building a business will not be as easy as turning your palm, I understand maybe you come because you have seen the success of others or even your own friends and you want to be like them, but before that I think you have to do research first, many things you have to prepare there, such as in terms of capital, seeking various knowledge about the business you will run, market research, and the most important mentality.

[Renampun]

...

Yes, building or starting a business is definitely full of challenges in running it, besides that, the risk of failure will definitely come, and when you start you won't always be successful at the start. Yes, it's true that we have to have a strategy to compete in the field. It's not just capital, thoughts and energy are also involved in it or people's consumption targets must also be in mind. Creative ideas are also very important, so that they are different from other competitors.

In this world, nothing is easy to achieve success, everything requires struggle and hard work, fight until you can reach the finish line, because successful people will not know the word give up. Because results will never betray a process.

People who want to achieve success will never know the word give up, I agree with this opinion. Achieving success is not as easy as turning the palm of your hand or it can just come without consistent effort. Failure in business is a normal thing and often happens, even people who have achieved success are not immune to failure. When failure approaches you, never give up and despair, you keep getting up and trying again because failure is not the end of everything.
 

Always remember that when you give up on something you are building then you are starting from zero again. building a business is not easy, it requires hard work, especially with the emergence of many competitors today, we must have a different strategy from other people to attract market interest, so, always prepare yourself mentally when you first start a business, also prepare knowledge about risk management and financial management so that you are not surprised by all the possibilities that will happen when you start running your business.

[bangjoe]

Does someone have to have experience to start a business first?
how someone has experience if he never tried it, I don't understand where the context is, but the simple thought is like that.
What I mean by a suitable sentence is that when you don't have work experience in your business field you are very vulnerable to failure, therefore knowledge and work experience in a field are the main things for starting a business.

But strangely, a small number of people can gamble on businesses that they themselves do not have experience and knowledge of in a particular field but can be successful in that field, as long as they are willing to learn and work hard on what needs to be done in that field.

How possibilities to get experienced without start first the business? its the same thing when applying job in my country have criteria with several years experienced in working but we are looking for job want to get experienced. Its not problem less experienced or not when start business depend we have manage well with risk and marketing system how to promote our business. Slowly we can learn day by day with our experience after starting business and there are not required with experienced first to start business.
Regarding with many success businessmen story I read, many of them start and build up their business from zero without have more experience and start with small fund.

Yes, your country and my country are the same, so I know very well the cuteness that occurs in our country, a little discussion comes out, the criteria are different, because in some work positions need workers who already have experience, or also a company does not want to throw away Time for training so they take workers who already have practices, but don't be afraid that there are still many job vacancies that have no condition have experience.

Back to the topic, yes, thank you for affirming my argument, and that is indeed a decent logic to fight the logic of the argument that I opposed to before.
According to the OP title if associated with the story you poured here (successful people's stories) The thing they do is to start a business with a low risk they have to try, meaning to use a small scale business before they focus on making the business Big business, because they are aware of lack of knowledge, experience, and also certainly lack of capital, starting from a small scale first is a solution for that.

[lixer]

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 are alot of businesses out there but a business that works for Man A may not work for Man B. This is because there are a lot of factors to be considered before going into a business.

Following the crowd is obviously not a good way to start a business even if the crowd is doing well, it means that no matter how good you see a business is working that someone else is doing, you should get into that business only because it's giving good revenue to the other business owner but you should go for something that you feel you can do very well and you have the ability to manage that business with all your potential and your business will be unique and isn't a copy of another business that already exists because that wouldn't give you an edge.

One shouldn't do that, but even if someone starts a business someone around them is already doing it, they should make their business different than theirs, and offer something that the other business isn't providing to their customers so that they get more customers and your business starts flourishing.

[junder]

...

Yes, building or starting a business is definitely full of challenges in running it, besides that, the risk of failure will definitely come, and when you start you won't always be successful at the start. Yes, it's true that we have to have a strategy to compete in the field. It's not just capital, thoughts and energy are also involved in it or people's consumption targets must also be in mind. Creative ideas are also very important, so that they are different from other competitors.

In this world, nothing is easy to achieve success, everything requires struggle and hard work, fight until you can reach the finish line, because successful people will not know the word give up. Because results will never betray a process.

People who want to achieve success will never know the word give up, I agree with this opinion. Achieving success is not as easy as turning the palm of your hand or it can just come without consistent effort. Failure in business is a normal thing and often happens, even people who have achieved success are not immune to failure. When failure approaches you, never give up and despair, you keep getting up and trying again because failure is not the end of everything.
 

Always remember that when you give up on something you are building then you are starting from zero again. building a business is not easy, it requires hard work, especially with the emergence of many competitors today, we must have a different strategy from other people to attract market interest, so, always prepare yourself mentally when you first start a business, also prepare knowledge about risk management and financial management so that you are not surprised by all the possibilities that will happen when you start running your business.

Therefore, preparation is the main thing that must always be prioritized, none other than it will be useful as your provision in carrying out your business process, if you start a business without any knowledge then I think it will only be a waste of time. Of course building a business is not as easy as turning your palm, it's not as easy as you think, although yes maybe you entered into this field because you saw some of your colleagues who had succeeded and made a big profit. That's great, but I hope that if you really want to follow them then you have to prepare a lot of things, you will never know what process or how difficult the process they have gone through to finally succeed. 

Times are very modern you can get anything in an easy way such as for example in terms of basic needs and other sophisticated tools that can facilitate your work or activities, I'm not saying that now is not the right time to start your business, but on the other hand I hope you look first on various sides because obviously business competition from other competitors is very tight, they are smart. So I hope you can consider it first before moving, the point is to prepare yourself, knowledge, strong mentality and good management are needed so that your business runs smoothly.

[poodle63]

Following the crowd is obviously not a good way to start a business even if the crowd is doing well, it means that no matter how good you see a business is working that someone else is doing, you should get into that business only because it's giving good revenue to the other business owner but you should go for something that you feel you can do very well and you have the ability to manage that business with all your potential and your business will be unique and isn't a copy of another business that already exists because that wouldn't give you an edge.

One shouldn't do that, but even if someone starts a business someone around them is already doing it, they should make their business different than theirs, and offer something that the other business isn't providing to their customers so that they get more customers and your business starts flourishing.

following the crowd is fine if you can see some untapped potential in the trend that you're about to follow, many AI based startups are just following the crowd but they could score funding of billions because they know there are many potential. if its just following some random crowd then of course the business will eventually fail at the end of the day.
but its all about innovation when it comes to business, and give the better product than the other at more cheaper price then you will come out victorious.
otherwise, you might rethink your decision if you just following around other people without making innovation, therefore thats why many business out there going out of business.
when it comes to small scale business, just trying out some ideas might also work wonders.

[Pi-network314159]

There are many small scale business to adventure into, but most of them are not as profitable as you think. For me I sudjest online business such as affiliate marketing, dollar abitrage, buy and resale. like buying product cheaper in  online platforms and resale in your own website.  technology is advancing if we don't follow the trend we will be left behind. All you just need is mobile phone data and capital to buy goods you can afford.

Then for offline you can start a barbecue, ice cream, bugger and popcorn. It's also a lucrative business expecialy when you attach yourself to a shopping complex or a hotel with a mutual understanding of the manager.

[Tony116]

Friends, Money and Business.
To start a business you need experience, then support a certain amount of money to start the business. My advice (according to personal experience) is not to do any business without having experience because this action is very risky.

If you do business in an area where you have no knowledge or experience, you are gambling, not doing business. I think no one is stupid and has enough money to do that.

Does someone have to have experience to start a business first?
how someone has experience if he never tried it, I don't understand where the context is, but the simple thought is like that.
What I mean by a suitable sentence is that when you don't have work experience in your business field you are very vulnerable to failure, therefore knowledge and work experience in a field are the main things for starting a business.

But strangely, a small number of people can gamble on businesses that they themselves do not have experience and knowledge of in a particular field but can be successful in that field, as long as they are willing to learn and work hard on what needs to be done in that field.

When you first graduate, what you should do is work for a company and you can gain experience from there, and that is how many people accumulate experience and capital before starting a separate business. If you come from a family with a lot of money, you can start right away without gaining experience through working for someone else. But that will be riskier, and you will have to use money in exchange for experience because very few people can succeed from their first start-up without any experience.

Depending on your choice, people who are arrogant will often skip the part of accumulating experience and rush right into starting a business without experience and the result is often failure.

Do you know why many wealthy families have their own companies but when their children graduate they don't let them work in their family company? Instead, they will force them to work at another company before returning to inherit the family business.

[DabsPoorVersion]

Following the crowd is obviously not a good way to start a business even if the crowd is doing well, it means that no matter how good you see a business is working that someone else is doing, you should get into that business only because it's giving good revenue to the other business owner but you should go for something that you feel you can do very well and you have the ability to manage that business with all your potential and your business will be unique and isn't a copy of another business that already exists because that wouldn't give you an edge.

One shouldn't do that, but even if someone starts a business someone around them is already doing it, they should make their business different than theirs, and offer something that the other business isn't providing to their customers so that they get more customers and your business starts flourishing.

following the crowd is fine if you can see some untapped potential in the trend that you're about to follow, many AI based startups are just following the crowd but they could score funding of billions because they know there are many potential. if its just following some random crowd then of course the business will eventually fail at the end of the day.
but its all about innovation when it comes to business, and give the better product than the other at more cheaper price then you will come out victorious.
otherwise, you might rethink your decision if you just following around other people without making innovation, therefore thats why many business out there going out of business.
when it comes to small scale business, just trying out some ideas might also work wonders.

Not really. Following the crowd will not make you "real" successful. The crowd decides the trend, they also decide what to discard. The untapped potential that you're talking to, is mostly ignored by the crowd as their focus is only on the trend.

The idea needed should be unique, reading the needs and the flow of the crowd is required when starting a business. Like for example, in your city, everyone opens a convenience store but you observe that the crowd needs a grocery store, so you open one. You gain the crowd as you provide their needs and give the solution for what they are looking for.

[fadhilz123]

There are many small scale business to adventure into, but most of them are not as profitable as you think. For me I sudjest online business such as affiliate marketing, dollar abitrage, buy and resale. like buying product cheaper in  online platforms and resale in your own website.  technology is advancing if we don't follow the trend we will be left behind. All you just need is mobile phone data and capital to buy goods you can afford.

Technology is indeed increasingly advanced and needs to be followed so that we are not left behind by others or our competitors in life. But for the suggestions you said, I think it's just about buying cheaper products on online platforms and reselling them in real terms which is better, whereas things like affiliate marketing and embezzling dollars are less suitable things to do. Even though you may have done it yourself to get the benefits of these two things and for small scale businesses I think it also depends on where you are because in my area there are many small scale businesses that are more profitable so they are still running to this day.

Then for offline you can start a barbecue, ice cream, bugger and popcorn. It's also a lucrative business expecialy when you attach yourself to a shopping complex or a hotel with a mutual understanding of the manager.

It is also a small scale business that is more profitable to be run by everyone in an urban environment as I mentioned above. Because in my area there are still many people who continue to open small-scale businesses on the side of the road to make small profits every day. This means that the profits from this small scale business really depend on the location because small businesses are not very suitable to be placed in rural environments or in remote areas far from urban areas.

[barisbilgili]

Not really. Following the crowd will not make you "real" successful. The crowd decides the trend, they also decide what to discard. The untapped potential that you're talking to, is mostly ignored by the crowd as their focus is only on the trend.

We cannot imitate the success that other people have achieved, because in going through every process of success we certainly face different challenges from other people and each person has their own way of solving the problems they face.

The idea needed should be unique, reading the needs and the flow of the crowd is required when starting a business. Like for example, in your city, everyone opens a convenience store but you observe that the crowd needs a grocery store, so you open one. You gain the crowd as you provide their needs and give the solution for what they are looking for.

You are right, in building a business we have to have an interesting idea to make people interested in the business we are creating so that the business we are running can develop well.

[Dewi Aries]

Following the crowd is obviously not a good way to start a business even if the crowd is doing well, it means that no matter how good you see a business is working that someone else is doing, you should get into that business only because it's giving good revenue to the other business owner but you should go for something that you feel you can do very well and you have the ability to manage that business with all your potential and your business will be unique and isn't a copy of another business that already exists because that wouldn't give you an edge.

One shouldn't do that, but even if someone starts a business someone around them is already doing it, they should make their business different than theirs, and offer something that the other business isn't providing to their customers so that they get more customers and your business starts flourishing.

following the crowd is fine if you can see some untapped potential in the trend that you're about to follow, many AI based startups are just following the crowd but they could score funding of billions because they know there are many potential. if its just following some random crowd then of course the business will eventually fail at the end of the day.
but its all about innovation when it comes to business, and give the better product than the other at more cheaper price then you will come out victorious.
otherwise, you might rethink your decision if you just following around other people without making innovation, therefore thats why many business out there going out of business.
when it comes to small scale business, just trying out some ideas might also work wonders.

Not really. Following the crowd will not make you "real" successful. The crowd decides the trend, they also decide what to discard. The untapped potential that you're talking to, is mostly ignored by the crowd as their focus is only on the trend.

The idea needed should be unique, reading the needs and the flow of the crowd is required when starting a business. Like for example, in your city, everyone opens a convenience store but you observe that the crowd needs a grocery store, so you open one. You gain the crowd as you provide their needs and give the solution for what they are looking for.

Yes that's right, by following other people's trends, I even think it will make a problem, because in my opinion if their income is limited, there is no obligation to follow the current trend of luxury in terms of vehicles, gadgets or appearance, but I admit that at this time people are trying to buy branded trend items with high price values. Unfortunately they don't think about the other side, instead of forcing it like that, it's better for them to open a business with a small capital that doesn't matter, as long as the business is productive and profitable.

It's true what you said, even though the business is small but if they are smart to market their products, it will definitely be profitable, with the unique way you said that is one of them.

[Casdinyard]

I say you leverage the current shape of the internet. If you're looking to create a small business with little to no capital the next best thing you could do is to gather a dedicated following around your brand. For apparels like shirts, jewelries, and whatnot, start with a story/culture that you want to portray with what you're trying to sell. As soon as you're able to discern what that story is, find the proper audience and I say you let them wear your story and all that stuff, make them an indirect advertiser of your small business, and once that happens, offer to take them to a photoshoot, upload your products over the internet and sell them to your dedicated following. Soon as you complete this, you'll have a self-sustaining small-scale business that you could upscale to a full-on enterprise given the time, effort, and funding.

[Xcode7]

I say you leverage the current shape of the internet. If you're looking to create a small business with little to no capital the next best thing you could do is to gather a dedicated following around your brand. For apparels like shirts, jewelries, and whatnot, start with a story/culture that you want to portray with what you're trying to sell. As soon as you're able to discern what that story is, find the proper audience and I say you let them wear your story and all that stuff, make them an indirect advertiser of your small business, and once that happens, offer to take them to a photoshoot, upload your products over the internet and sell them to your dedicated following. Soon as you complete this, you'll have a self-sustaining small-scale business that you could upscale to a full-on enterprise given the time, effort, and funding.

Nowadays internet access is quite easy to use as a promotional tool, especially on social media, but all of this also requires capital and time to process which is not easy. For small businesses, there is a lot we can do, especially if we do it consistently, there is a big possibility for much better development that we can do in the future.
And I agree that nowadays we have to be able to take advantage of the Internet or social media to develop our business to a wider reach, that is the promotional part that we should spend a lot of money on.

[armanda90]

I say you leverage the current shape of the internet. If you're looking to create a small business with little to no capital the next best thing you could do is to gather a dedicated following around your brand. For apparels like shirts, jewelries, and whatnot, start with a story/culture that you want to portray with what you're trying to sell. As soon as you're able to discern what that story is, find the proper audience and I say you let them wear your story and all that stuff, make them an indirect advertiser of your small business, and once that happens, offer to take them to a photoshoot, upload your products over the internet and sell them to your dedicated following. Soon as you complete this, you'll have a self-sustaining small-scale business that you could upscale to a full-on enterprise given the time, effort, and funding.

Small scale business ideas trough internet is very simple such as selling shirt or anything product trough pre order or PO, I think its very worth who have small fund due not required with much money and we have costumer capital trough Pre Order product. We can promote trough internet with our business any kinds of social media such as twitter, facebook until TikTok where have been more popular social media platform right now. Its easily get audience trough social media platform and we need to make good promotion or make interested the audience with our business want to build based on small scale business budget.

Advertiser is very important thing how to make our business success in the future, we have good manage with social media platform advertising and not required huge amount for starting business.

[Negotiation]

Do you have a small business idea? or business experience? I want to hear it

In this era of sophisticated technology, there are actually lots of opportunities to do business or earn money which we can then invest with this income. It just depends on our intention to start a business or not, business doesn't require a lot of capital, even with technology like now, you can also make money without capital. The point is, we have to have a strong intention first.

I myself started an online sales business and also make money from dropshipping. Actually, this business is to build my business mentality for investing, because my main goal is to have as many bitcoins as possible.

Online business is really good to sell products from home also if the business wants to scale quickly, the business needs to ensure its online presence. Studies have shown that online business grows rapidly this is why you can earn good income from online business IT related business as well as business bitcoin investment is good as small business will grow slowly and bitcoin will give good profit through long term investment. Small business will one day become big with bitcoin investment.

[Essential10]

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.

[slapper]

I say you leverage the current shape of the internet. If you're looking to create a small business with little to no capital the next best thing you could do is to gather a dedicated following around your brand. For apparels like shirts, jewelries, and whatnot, start with a story/culture that you want to portray with what you're trying to sell. As soon as you're able to discern what that story is, find the proper audience and I say you let them wear your story and all that stuff, make them an indirect advertiser of your small business, and once that happens, offer to take them to a photoshoot, upload your products over the internet and sell them to your dedicated following. Soon as you complete this, you'll have a self-sustaining small-scale business that you could upscale to a full-on enterprise given the time, effort, and funding.

Small scale business ideas trough internet is very simple such as selling shirt or anything product trough pre order or PO, I think its very worth who have small fund due not required with much money and we have costumer capital trough Pre Order product. We can promote trough internet with our business any kinds of social media such as twitter, facebook until TikTok where have been more popular social media platform right now. Its easily get audience trough social media platform and we need to make good promotion or make interested the audience with our business want to build based on small scale business budget.

Advertiser is very important thing how to make our business success in the future, we have good manage with social media platform advertising and not required huge amount for starting business.

Preordering things is, in fact, a very astute and well-thought-out business strategy. You may successfully reduce financial risk, guarantee client demand, and secure funds up front by using pre-orders. These tactics can undoubtedly increase a small business's likelihood of success

There is, however, a problem: too much content and competition on sites like Twitter, Facebook, and TikTok. Advertising is important, but depending only on these channels is not enough. It need a targeted, aggressive marketing approach. An in-depth examination of audience statistics, targeted advertising, and SEO is essential. Because of this, even with a little initial expenditure, long-term success in digital marketing requires careful consideration of its complexities

[doomloop]

You also need to consider the extent of the friendship. If there is mutual trust in your friendship, there is no problem asking a friend for a loan to start a business. I prefer to implement a 50:50 profit sharing system, friends who provide capital for the business, I manage it.

Do that only if you want to lose the friend, because relationships and friendships that don't usually break are broken when it comes to money, which is the reason why it's never a good idea to start a business having a friend as a partner unless the friend is extremely understanding and kind and you have the same nature as well which will make you both compromise on every little thing possible because there will be times in business when there will be problems and those that don't have much patience won't be able to control their anger or rage or any other emotion they might feel at that time.

That's why, I never recommend working on a business with a partner, especially if that partner is your friend or relative. If the business is small-scale, just take the loan and ask them for some time until you pay their money back and then use that money to build up your business and make sure that it works or you will have a burden on your shoulders that is to repay the loan.

[RockBell]

I say you leverage the current shape of the internet. If you're looking to create a small business with little to no capital the next best thing you could do is to gather a dedicated following around your brand. For apparels like shirts, jewelries, and whatnot, start with a story/culture that you want to portray with what you're trying to sell. As soon as you're able to discern what that story is, find the proper audience and I say you let them wear your story and all that stuff, make them an indirect advertiser of your small business, and once that happens, offer to take them to a photoshoot, upload your products over the internet and sell them to your dedicated following. Soon as you complete this, you'll have a self-sustaining small-scale business that you could upscale to a full-on enterprise given the time, effort, and funding.

I believe starting a business is easier than growing a business. Yes the selling of your products may be hard but when you start your business you have a goal you set.
Let's take tailoring as your business; when you started, your goal was probably to be the best in your area, when you achieve that you aim higher after all nobody wants settle for less, so now your business is known, our friends patronize you, their friends, schoolmates, church members and so on your aim now is to have your own clothing line or be a personal stylist to a celebrity or probably both at this point you have moved from recreating styles and designs to creating them for others to imitate.


Now you have to design the dress in way that is not only unique but suits the occasion and the wearer that's in the case of a personal stylist when talking about having a clothing line, you have to think of a theme and design dresses that are similar but different keeping the theme in mind and still capture your target audience and bring in more costumers that will help grow the business 'cause a business without costumers is dead.

[Woodie]

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.

Depending on which country you are coming from, and depending on the weather situation there, I believe low risk businesses to consider is anything agriculture related, but for something I would advise low risk and weather selective it has to be fish farming... Other possible choices available are YouTubing, drop shipping etc

Do you have a small business idea? or business experience? I want to hear it

Unfortunately all business ideas I have ventured into are high risk, it's either repair/maintainance costs cut through your profits or people responsible for running the business are acting dishonest, it's a tough world out there.. But it is what it is never give up.

[HajiBagi]

Youll start by saving or taking a loan for capital, but it is preferable that you save and while saving youll be conducting your own feasibility study to check if your business will be good in that area. Planning is crucial to making sure that your business will be successful.

Food business is really what I have been planning because I have noticed that in my area there are only a few food establishments and I would say that food is not good so having a good quality small restaurant is better both to sell food and to have dine-in customers. It is just a simple restaurant so my capital is small and later on if it is good I will just renovate it to be bigger.

Your plan to open a small restaurant is a good one, and I think you will make a lot of money there if you serve delicious food that will entice customers to leave their current location and visit your shop. However, before you plan to open a restaurant, you should also consider the type of area you want to use because if it's not a good area or somewhere people will want to visit, your market won't look the way you want it to. You can start a number of businesses to generate income and begin investing in bitcoin for future use. For example, you can sell building supplies and clothing items that are necessary for someone to decorate their room. I have seen a lot of people in this industry, and they consistently turn a healthy profit.

However, occasionally even businesses succeed, but this is largely dependent on how seriously you take the business. For example, some businesses will always lose money every day if their owners don't take care of themselves and act humble. Even small profits won't come from these kinds of ventures. Many people start small and go on to become successful business owners today because they know how to manage their businesses. Therefore, I would advise anyone who want to launch a business to make sure they are prepared to assume some risk and to treat business seriously, since it is always a serious endeavour.

[Hewlet]

There are so many small-scale businesses one can venture into depending on the peculiarity of the need in your environment. When thinking on starting up a new business, it's best that the business idea comes from a place of trying to solve a problem in the society so that way, you know that you already have your primary audience.

You just have to look at an existence business and find out the area they are missing out and you can use that as an advantage to build your unique brand.  It's possible that as you travel outside of your environment you can see a business that is striving in another location and that is not in your environment. You can start up such business in your environment and it will grow in the long run.

[Cyber_warrior]

Youll start by saving or taking a loan for capital, but it is preferable that you save and while saving youll be conducting your own feasibility study to check if your business will be good in that area. Planning is crucial to making sure that your business will be successful.

Food business is really what I have been planning because I have noticed that in my area there are only a few food establishments and I would say that food is not good so having a good quality small restaurant is better both to sell food and to have dine-in customers. It is just a simple restaurant so my capital is small and later on if it is good I will just renovate it to be bigger.

The majority of companies that I am aware of either go completely debt-ridden or have savings that are supplemented with loans. In either case, generating financing for a firm involves a substantial initial investment. Everyone is aware of the risks involved in launching a business, therefore if the venture is funded by a loan, the investor should take appropriate action before circumstances begin to negatively impact the firm and make repayment impossible.

If the investor does not have proper planning then he his inviting the devil to his doorstep, the outcome won't be nice because once there is challenges a social or smart entrepreneur should be able to provide quick solutions to does challenges. And starting a food business is good and its a business that always have high demand because people must eat and since your analysis are done already even the location its a job well done and starting a food business does cost must for starting.

Your plan to open a small restaurant is a good one, and I think you will make a lot of money there if you serve delicious food that will entice customers to leave their current location and visit your shop. However, before you plan to open a restaurant, you should also consider the type of area you want to use because if it's not a good area or somewhere people will want to visit, your market won't look the way you want it to. You can start a number of businesses to generate income and begin investing in bitcoin for future use. For example, you can sell building supplies and clothing items that are necessary for someone to decorate their room. I have seen a lot of people in this industry, and they consistently turn a healthy profit.

However, occasionally even businesses succeed, but this is largely dependent on how seriously you take the business. For example, some businesses will always lose money every day if their owners don't take care of themselves and act humble. Even small profits won't come from these kinds of ventures. Many people start small and go on to become successful business owners today because they know how to manage their businesses. Therefore, I would advise anyone who want to launch a business to make sure they are prepared to assume some risk and to treat business seriously, since it is always a serious endeavour.

From the local observations that have done and have seen people into restaurant business make good money and packaging of your food the environment to might just be what the person needs, everything about business is strategy, once you have your plans and it goes well then your business is good to go. Any kind of business that has to do with consumption always bring good profit.

The seriousness of every business actually matters, any reckless move will cost you. And adding to the advice you gave is better to go for a business you can also and manage well, start on a small scale and understand the business well before upgrading.

[Bushdark]

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.

[junder]

Youll start by saving or taking a loan for capital, but it is preferable that you save and while saving youll be conducting your own feasibility study to check if your business will be good in that area. Planning is crucial to making sure that your business will be successful.

Food business is really what I have been planning because I have noticed that in my area there are only a few food establishments and I would say that food is not good so having a good quality small restaurant is better both to sell food and to have dine-in customers. It is just a simple restaurant so my capital is small and later on if it is good I will just renovate it to be bigger.

Your plan to open a small restaurant is a good one, and I think you will make a lot of money there if you serve delicious food that will entice customers to leave their current location and visit your shop. However, before you plan to open a restaurant, you should also consider the type of area you want to use because if it's not a good area or somewhere people will want to visit, your market won't look the way you want it to. You can start a number of businesses to generate income and begin investing in bitcoin for future use. For example, you can sell building supplies and clothing items that are necessary for someone to decorate their room. I have seen a lot of people in this industry, and they consistently turn a healthy profit.

Any plan as long as it is related to opening a business, of course I myself support it because it is good for them, they dare to open a business which certainly has its own risks. The business of opening a restaurant certainly has risks because surely later they will have employees who must pay attention to their performance, if they do not pay attention to the performance of their employees there will likely be employees who do not comply with restaurant rules and this will be detrimental to them.

Then again about the location, it seems like what you said he had to choose the location. Make sure to choose a strategic location that is easily accessible to everyone and all circles. Try to design the restaurant as comfortable as possible because it will also make customers feel at home with the existing concept. But there are also restaurants that are ordinary but famous for their very good food, even though the restaurant is simple but with delicious dishes and good service, of course this will be an additional point for customers so that they can come back to the restaurant and buy products that are sold. But what I know nowadays is that many places are simple but have a comfortable concept so that customers come because the concept is cool so that it can make them feel at home to stay at the location even though the dishes are lacking, so if something like this they sell the concept with a side of food and drinks.

However, occasionally even businesses succeed, but this is largely dependent on how seriously you take the business. For example, some businesses will always lose money every day if their owners don't take care of themselves and act humble. Even small profits won't come from these kinds of ventures. Many people start small and go on to become successful business owners today because they know how to manage their businesses. Therefore, I would advise anyone who want to launch a business to make sure they are prepared to assume some risk and to treat business seriously, since it is always a serious endeavour.

Those who open a business must certainly consider everything so as not to harm themselves, but I think someone who will open a business must have considered the future by being ready to accept the risks that exist. Everyone who has a business or who is just about to open a business certainly does not want to experience losses, because basically everyone does not want a loss from anything. But indeed losses will definitely exist, it just depends on them whether they can deal with it well so as not to make their business disappear. Most people I know stop halfway because of the losses they feel even though they have bought or rented land to open a business, of course this is a wasted effort, in my opinion any loss they should be able to deal with it well so that their business is not lost or does not stop halfway.

[bayu7adi]

Do any of you also often have small scale business ideas but rarely pursue them seriously because the small risk might not significantly impact your life? Lately, I've been feeling this way about dropshipping, where I source agricultural fertilizer products. On the first day, my enthusiasm was overflowing, offering them to several places both online and offline. However, as we approached the second month, my motivation started to wane because my expectations were not met over the past month. Sales weren't easy, and they didn't yield results.

However, it's different when I sell products with low risks but without high expectations. The business can last longer, and eventually, my consistency is tested with some customer complaints. The business runs for a year, and I end up feeling bored because there are no more challenges to overcome.

Is having an easily bored mindset suitable for being an entrepreneur? Or is it more suitable for being an employee? Please share your opinions.

[God bless u]

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. 

Investigate about different businesses and then make a comparison that which business will be suitable in your area because area will define the success of your business. Some business require lots of money while other do not require much therefore think about your money that are you able to start business by using defined sum then choose better type of business.

small scale business are the key to initiate large scale business in future so if you become successful in small business surely you will have gain experience of large scale business too. Also remember that in your business will be successful for long term if it is based on your desire and citizen's needs. Share your ideas with your friends and relatives so hopefully they will give you better decisions because a single mind cannot always make a good sense but comparison between different ideas can help you to find out profitable business.

[Hamphser]

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. 

Investigate about different businesses and then make a comparison that which business will be suitable in your area because area will define the success of your business. Some business require lots of money while other do not require much therefore think about your money that are you able to start business by using defined sum then choose better type of business.

small scale business are the key to initiate large scale business in future so if you become successful in small business surely you will have gain experience of large scale business too. Also remember that in your business will be successful for long term if it is based on your desire and citizen's needs. Share your ideas with your friends and relatives so hopefully they will give you better decisions because a single mind cannot always make a good sense but comparison between different ideas can help you to find out profitable business.

When tending on running up a business then of course you would really be needing to run that feasibility study on which it would really be that something crucial or something that you do really need for you to consider first before putting up a business or running one on which you could really be able to determine on whats lacking into your area on which it would really be just that understandable that you would really be focusing on things which you do seem that it would really be getting that kind of demand and attention. Of course you would really be that trying to take advantage of that for the sake of getting that good revenue but of course
in every business there's no assurance that it would succeed out and this is why it would really be just that so common that you would really be that neither be succeeding or not.

In every business then there's always an accompanied risks on which it would be normal to be that in doubt or get scared but come in mind that you wont really be getting or gaining something
unless you do try. This is why into those people who do really love on taking up the risks does always have the chance on making themselves with those profits even though its not an assured
thing but there would really be those chances of success.

[NewRanger]

In every business then there's always an accompanied risks on which it would be normal to be that in doubt or get scared but come in mind that you wont really be getting or gaining something
unless you do try. This is why into those people who do really love on taking up the risks does always have the chance on making themselves with those profits even though its not an assured
thing but there would really be those chances of success.

If I look at the market share first, after all the complete studies, support will come from trusted people, both for capital and recommendations, so it will be very easy to run. Well, this is where maintaining communication is important and you have to have lots of relationships, of course, but if you build everything from scratch and try it out, it will feel a bit heavy even though the discourse you have built is simple (small).

[Baki202]

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.

Before starting any kind of business, doing a survey is a very excellent idea. From the survey, there are a few things to think about. Information is always the greatest because it can help you do extraordinary things with minimal knowledge. Additionally, everyone is attempting to become an internet vendor these days as they aim to cut costs. Depending on your goals, yes. Being aware of the estimated expenditure demonstrates coordination and lets you realize how much you have made and how much you have lost. There will always be difficulties in anything we embark on in life, but that does not mean we should quit up.

Investigate about different businesses and then make a comparison that which business will be suitable in your area because area will define the success of your business. Some business require lots of money while other do not require much therefore think about your money that are you able to start business by using defined sum then choose better type of business.

small scale business are the key to initiate large scale business in future so if you become successful in small business surely you will have gain experience of large scale business too. Also remember that in your business will be successful for long term if it is based on your desire and citizen's needs. Share your ideas with your friends and relatives so hopefully they will give you better decisions because a single mind cannot always make a good sense but comparison between different ideas can help you to find out profitable business.

Another issue that individuals overlook when beginning a business is location, but it's crucial to know if your product will be valuable or relevant there. These days, every business needs a sizable initial investment. Additionally, if it is small-scale, there won't be many challenges because it all relies on the type of business. If you start small, you may grow it into a large enterprise by progressively updating. And people should considering do business not matter how small, physical or not have a small business.

[jeha2015]

Always remember that when you give up on something you are building then you are starting from zero again. building a business is not easy, it requires hard work, especially with the emergence of many competitors today, we must have a different strategy from other people to attract market interest, so, always prepare yourself mentally when you first start a business, also prepare knowledge about risk management and financial management so that you are not surprised by all the possibilities that will happen when you start running your business.

Yes that's right. Never give up when trying to build a business, we have to know one thing that never betrays, namely "effort and results". And every person who wants to be successful will let go of feeling tired and leave behind his laziness, keep the enthusiasm for us all good luck in business what we are building continues to run smoothly and there are no obstacles whatsoever.

Because for me, every time we start a business from small capital, it can become big, of course there is a process that we go through and believe me, every business we undertake will definitely be successful, maybe not immediately successful. People who dare to try are brave enough to take risks, but everything starts small and then gradually, step by step, they reach the peak of success.

[junder]

Always remember that when you give up on something you are building then you are starting from zero again. building a business is not easy, it requires hard work, especially with the emergence of many competitors today, we must have a different strategy from other people to attract market interest, so, always prepare yourself mentally when you first start a business, also prepare knowledge about risk management and financial management so that you are not surprised by all the possibilities that will happen when you start running your business.

Yes that's right. Never give up when trying to build a business, we have to know one thing that never betrays, namely "effort and results". And every person who wants to be successful will let go of feeling tired and leave behind his laziness, keep the enthusiasm for us all good luck in business what we are building continues to run smoothly and there are no obstacles whatsoever.

Because for me, every time we start a business from small capital, it can become big, of course there is a process that we go through and believe me, every business we undertake will definitely be successful, maybe not immediately successful. People who dare to try are brave enough to take risks, but everything starts small and then gradually, step by step, they reach the peak of success.

The spirit that exists in the businessman must be maximized so that he can run his business well, because many things must be passed including risks and problems in his business. Especially the risks that will certainly occur in all businesses that are run by people but need to underline they must be able to handle the risk well so as not to make their business go bankrupt.

There is nothing wrong with opening a business with even a small capital, because if it is run well it will produce and of course there is the potential to become big. This needs to be deepened, by deepening and learning every thing related to the business we can understand and handle any problems that come, although basically everyone does not want to get into trouble but this cannot be avoided, because surely there will be problems that come. But don't be defeated by the problems that will come and don't let the business go bankrupt because we can't handle the problem.

[Youngkhngdiddy]

Yes that's right. Never give up when trying to build a business, we have to know one thing that never betrays, namely "effort and results". And every person who wants to be successful will let go of feeling tired and leave behind his laziness, keep the enthusiasm for us all good luck in business what we are building continues to run smoothly and there are no obstacles whatsoever.

Because for me, every time we start a business from small capital, it can become big, of course there is a process that we go through and believe me, every business we undertake will definitely be successful, maybe not immediately successful. People who dare to try are brave enough to take risks, but everything starts small and then gradually, step by step, they reach the peak of success.

  Consistency will always be a key factor in running a successful business, skill or career. When you are implementing a new technique or method for your business, the only way you will be able to track the progress is by doing it consistently. Otherwise you will not be able to track effectiveness because in business you have many other contributing factors.
  We can stay consistent in anything if we put our mind to it. Will power. You tell yourself…”I will do it because I can.” If you flop, at least you’ve learned something. Of course it works better if you’ve already done it and have some self confidence. People used to say, “nothing builds willpower more than hard work.” People who have had too many “conveniences” in life lack will power. That’s why “born rich” can be a handicap. Then again, one small disability mixed in with many advantages is not an excuse.

[Z_MBFM]

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?

No one owns a huge capital in 1 day. everyone starts a small business first and grows his business gradually by profiting from there so you have to start with a small business first. That business will provide you with a large capital

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.

All businesses are profitable if you can be successful in them. But in any business you can't just profit easily. If you start a business for this purpose, I don't think you will get very far.  Because if you have such intentions, you will easily panic and quit from the business

[Mate2237]

There is no business in the world that is risk free. All businesses have risk but how to manage them is the main thing. But in every situation one must cut the "coat according to his size". If there is money invest in a large scale business then there is no problem but whereby there is not enough capital to go for the big one then the small one is the alternative.

There are different ways one can raise capital to start small scale business. He or she can ask the support from the family members and friends. He should not ask all the capital in one person of group but divide it to the friends and the family members. So that the funds can come easily. There are many business ideas in the world. At first you have to think of what you can do better and focus on it. If you want to become somebody in the society then you don't have to be shame, do whatever that can give you money. And start your life from there.

[Dewi Aries]

...

Yes, building or starting a business is definitely full of challenges in running it, besides that, the risk of failure will definitely come, and when you start you won't always be successful at the start. Yes, it's true that we have to have a strategy to compete in the field. It's not just capital, thoughts and energy are also involved in it or people's consumption targets must also be in mind. Creative ideas are also very important, so that they are different from other competitors.

In this world, nothing is easy to achieve success, everything requires struggle and hard work, fight until you can reach the finish line, because successful people will not know the word give up. Because results will never betray a process.

People who want to achieve success will never know the word give up, I agree with this opinion. Achieving success is not as easy as turning the palm of your hand or it can just come without consistent effort. Failure in business is a normal thing and often happens, even people who have achieved success are not immune to failure. When failure approaches you, never give up and despair, you keep getting up and trying again because failure is not the end of everything.
 

Always remember that when you give up on something you are building then you are starting from zero again. building a business is not easy, it requires hard work, especially with the emergence of many competitors today, we must have a different strategy from other people to attract market interest, so, always prepare yourself mentally when you first start a business, also prepare knowledge about risk management and financial management so that you are not surprised by all the possibilities that will happen when you start running your business.

right with what you said, with so many competitors today it doesn't matter if the product or business we run is the same as everyone else as long as we have a different strategy from others to attract customers with unique ideas maybe it can attract market interest like you said, and also if they can market it well maybe it will attract more attention, by holding discounts or what is important is different from others.

By preparing everything carefully, it will reduce the risk of doing business if not reduce at least we can handle existing problems properly and not panic because there are lessons that have been understood at the beginning about things related to the business being run.

[Freddie Boyer]

small scale business are the key to initiate large scale business in future so if you become successful in small business surely you will have gain experience of large scale business too. Also remember that in your business will be successful for long term if it is based on your desire and citizen's needs.

Like you really understand how to read situations and conditions. Yes. Business people must be observant in everything. If a Chinese person wants to open a shop, he surveys the market and chooses/looks at a strategic place and also counts the number of people passing by and also calculates the potential who will stop by if he builds his shop in a matter of hours, for example.

If the capital is small, the reference above is good too, but it's better to just sell liquids or just daily necessities and the money will turn over quickly.

[Jchris50]

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 are lots of beautiful business idea... POS system is a nice 👍 idea even selling of water 💦 .. some years back my brother use water business to finance his education and is till on it, and I have to introduce him of Bitcoin, which have been a helper to him

[salad daging]

Is having an easily bored mindset suitable for being an entrepreneur? Or is it more suitable for being an employee? Please share your opinions.

An entrepreneur because in his small business there is no development then of course this can be boring, even you want to start a new business with initial capital again then this will be quite difficult to advance because you have to start all over again to start it, we know in business it is not crazy and must remain consistent under any circumstances.

At the beginning, I was the same with this small food shop business, the competition was tough but I did not give up because there is always a way to improve skills in promoting our merchandise, 1-6 months may not produce so much even there is a minus from income, but over time the store began to grow and now customers already know and they often buy food at my store.

Prefer to be an entrepreneur than an employee even though with a fixed salary but an employee will not be able to make a lot of money like doing business with a lot of free time.

[karabiber]

If I would like to give my own perspective on what you need to do after you decide to start a business rather than a small scale business idea, when you are going to start a business, you need to be in a multifaceted and close relationship with your environment. While dealing with the problems of your own business, you may also need to deal with the problems around you.
It should be your priority to closely monitor the demands of your target audience. In other words, you need to learn to live intertwined with the society and it is very important to know the traditions, characteristics and habits of the society you are in and to introduce yourself well to the society. Once you have grasped these, you can turn your business into profit in a short time.

[huu78]

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

It's a shame I never started my own business, I was a seller but at my parents' shop first, but from there I was able to meet our family's needs and was able to send me and my siblings to school.
I think small businesses can also be promising, depending on their management.
open your small business, whatever it is.

[junder]

Yes that's right. Never give up when trying to build a business, we have to know one thing that never betrays, namely "effort and results". And every person who wants to be successful will let go of feeling tired and leave behind his laziness, keep the enthusiasm for us all good luck in business what we are building continues to run smoothly and there are no obstacles whatsoever.

Because for me, every time we start a business from small capital, it can become big, of course there is a process that we go through and believe me, every business we undertake will definitely be successful, maybe not immediately successful. People who dare to try are brave enough to take risks, but everything starts small and then gradually, step by step, they reach the peak of success.

  Consistency will always be a key factor in running a successful business, skill or career. When you are implementing a new technique or method for your business, the only way you will be able to track the progress is by doing it consistently. Otherwise you will not be able to track effectiveness because in business you have many other contributing factors.
  We can stay consistent in anything if we put our mind to it. Will power. You tell yourself…”I will do it because I can.” If you flop, at least you’ve learned something. Of course it works better if you’ve already done it and have some self confidence. People used to say, “nothing builds willpower more than hard work.” People who have had too many “conveniences” in life lack will power. That’s why “born rich” can be a handicap. Then again, one small disability mixed in with many advantages is not an excuse.

Yes, it's true what you said, for someone who wants to open a business must have good consistency so that the business he runs can also run well, because the business he runs certainly wants to make a profit and also wants to grow to be bigger, it's okay to start with a small scale in my opinion it doesn't matter, the most important thing is that we must be able to be consistent in running it.

And also have to understand everything related to the business to be run. more than that,  it must be with a strong mentality not when at the beginning it has failed and all ended, it is natural to fail at the beginning because the name of the business will definitely have a process that will not run smoothly so easily. Many things must be prepared, mentally, consistently, firmly, wisely, and others. So in my opinion they must take steps forward to open the business they want and do not hesitate with what they will do as long as it is good and does not harm others.

[cryptoknightt]

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.

[Xampeuu]

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

It's a shame I never started my own business, I was a seller but at my parents' shop first, but from there I was able to meet our family's needs and was able to send me and my siblings to school.
I think small businesses can also be promising, depending on their management.
open your small business, whatever it is.

The shop business selling daily necessities is very promising, because every day the goods sold are needed by other people, even though it is relatively small, over time you can increase the goods sold so that it develops into a bigger shop and makes people interested, because anything can be found there. . Therefore, don't underestimate small businesses, where the income is not necessarily less than that of an office employee, There are people selling ice at my place right now, because the weather is hot, and it turns out their income is fantastic

[JMBitcointernational]

How do you find capital for investment?

Capital has always been a major factor that affects investors or young entrepreneurs and the reason is that most of them don’t plan before thinking On going to a business.
Planning here means preparing a sequence of action steps to achieve some specific goals. Planning is really good because it enables the entrepreneurs to analyse the viability of a project to determine whether the project or venture is likely to succeed before looking on the amount of capital that can carry out the project.

There are many ways entrepreneurs can finance a proposed project but it all depends on the level of his or her feasibility studies ,
1. A young entrepreneur can get capital from friends
2.From some micro finance banks
3.From government depending On the level of the proposed investment.
4.Family can also assist if the project is small scale business .

[Dewi Aries]

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

It's a shame I never started my own business, I was a seller but at my parents' shop first, but from there I was able to meet our family's needs and was able to send me and my siblings to school.
I think small businesses can also be promising, depending on their management.
open your small business, whatever it is.

The shop business selling daily necessities is very promising, because every day the goods sold are needed by other people, even though it is relatively small, over time you can increase the goods sold so that it develops into a bigger shop and makes people interested, because anything can be found there. . Therefore, don't underestimate small businesses, where the income is not necessarily less than that of an office employee, There are people selling ice at my place right now, because the weather is hot, and it turns out their income is fantastic

Although the business that is run is small, but if the business has a grocery store it is quite promising. Because the basic needs of people that they certainly always need every day, for example rice, cooking oil, and vegetables. That's the basic needs of everyone in their daily lives. so even though the grocery store that is run is small, it will definitely run well if it is managed properly. And also there may be potential to grow quickly because of the basic needs of people who will always run out every day. And this is something that rotates every day.

And also a grocery store does not need or is not too concerned with good marketing or more marketing. as long as we don't take a lot of profit from one item, for example, other stores sell rice at such a price and they sell rice at almost the same price as that store but below the store's price (close enough) this will be a consideration for mothers who always shop for their daily needs and they will also certainly pursue stores that have lower prices even though the price is only slightly different. So in my opinion, if you open a grocery store, you don't have to take a lot of profit as long as it is running and crowded with buyers.

[Accardo]

Although the business that is run is small, but if the business has a grocery store it is quite promising. Because the basic needs of people that they certainly always need every day, for example rice, cooking oil, and vegetables. That's the basic needs of everyone in their daily lives. so even though the grocery store that is run is small, it will definitely run well if it is managed properly. And also there may be potential to grow quickly because of the basic needs of people who will always run out every day. And this is something that rotates every day.

And also a grocery store does not need or is not too concerned with good marketing or more marketing. as long as we don't take a lot of profit from one item, for example, other stores sell rice at such a price and they sell rice at almost the same price as that store but below the store's price (close enough) this will be a consideration for mothers who always shop for their daily needs and they will also certainly pursue stores that have lower prices even though the price is only slightly different. So in my opinion, if you open a grocery store, you don't have to take a lot of profit as long as it is running and crowded with buyers.

These kind of shops generates customers easily, but the competition is too much. I noticed that the business owners, also have their loyal customers. Despite having such a similar shop selling same thing at same price, each of them have specific people that purchase from them. Now, in the bad economy, this type of shops give out their products to those loyal customers on credit. Especially those who live close to the store. Thereby, making them more loyal to the store and expanding their number of customers. But, while in business, it's important to diversify. I know everyone needs those groceries everyday and they buy it. Offering a business that helps them process those raw foods purchased from the shops is a great business move. Most people enter business because others do, and end up winding it up. While in search of a small business idea, we must observe the needs of people living around the environment or the type of audience interested in buying the product. For instance, where timbers are sold, we should think of providing a chain saw machine to the environment, because they must need it. Instead, of joining the masses in selling timbers, opening a place where the timbers are being cut into different sizes would earn us good profits. Providing the needs of the store owners is very crucial in boosting our profits. Another instance, is opening a shopping bag store close to the shops where food stuffs are sold. The sellers need the bag to package goods for customers and the more they make sales the better the profits of the bag seller. It only requires some time, until the whole sellers, in the vicinity, begin to patronize the business.

[KennyR]

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.

[AnonBitCoiner]

Like you really understand how to read situations and conditions. Yes. Business people must be observant in everything. If a Chinese person wants to open a shop, he surveys the market and chooses/looks at a strategic place and also counts the number of people passing by and also calculates the potential who will stop by if he builds his shop in a matter of hours, for example.

If the capital is small, the reference above is good too, but it's better to just sell liquids or just daily necessities and the money will turn over quickly.

This idea is good one not only Chinese but all citizens who wants to settle a business should survery the location where he desires to put the foundation of business because if one settle a business where there is no population will not be profitable as profit always depends on number of buyers.

One should use sweet words as it is famous that those who speak sweetly can sell even less demanded materials. Small businesses idea is suitable because if you have no experience then start from small one as there is no need of larger capital to use and also If unfortunately your business did not get successful then your loss will also be less. Always first try to know everything about business because knowledge and experience makes an easy profit.

[Su-asa]

However, I run a small transport company with just 8 buses and 3 cab, with this my little business I can also invest in Bitcoin and accumulate so frequently but I am not yet to invest into Bitcoin based on how I am planning to arrange things so when I start to accumulate I will not be pressed with it.
The only key that can make our investment move forward is only if we have a little business that can provide capital, with this little business, one will invest in Bitcoin and accumulate Bitcoin, after the capital before we can talk about the strategy we can use to accumulate.
 

[vanesha]

It won't be effective if I don't know where you live. I will be easier to suggest to you when I know where you are. like at my place, drinking cups, tire repair, and motorbike washing are small scale business ideas that are very popular until now. But in different places, the industries needed are also different. So look around you and make the most of it.

[Learn Bitcoin]

1. A young entrepreneur can get capital from friends
2.From some micro finance banks
3.From government depending On the level of the proposed investment.
4.Family can also assist if the project is small scale business .

It's not that easy how you mentioned the things here. Friends barely trust young entrepreneurs without any experience. For example, let's say I want to open a shop and I ask my friends to help me with some money. Most of them will deny it because I don't have experience in this field. Microfinance NGOs does not give loan to any start-up. They give loans to existing businesses only. For example, you have a shop and you have to show them it to get a loan. They won't give you a loan to start your business. If you talk about loans from governments, it's impossible in my country. I have never seen anyone getting a loan from the government. I never heard about it. I don't know if it exists or not.

[Dewi Aries]

Although the business that is run is small, but if the business has a grocery store it is quite promising. Because the basic needs of people that they certainly always need every day, for example rice, cooking oil, and vegetables. That's the basic needs of everyone in their daily lives. so even though the grocery store that is run is small, it will definitely run well if it is managed properly. And also there may be potential to grow quickly because of the basic needs of people who will always run out every day. And this is something that rotates every day.

And also a grocery store does not need or is not too concerned with good marketing or more marketing. as long as we don't take a lot of profit from one item, for example, other stores sell rice at such a price and they sell rice at almost the same price as that store but below the store's price (close enough) this will be a consideration for mothers who always shop for their daily needs and they will also certainly pursue stores that have lower prices even though the price is only slightly different. So in my opinion, if you open a grocery store, you don't have to take a lot of profit as long as it is running and crowded with buyers.

These kind of shops generates customers easily, but the competition is too much. I noticed that the business owners, also have their loyal customers. Despite having such a similar shop selling same thing at same price, each of them have specific people that purchase from them. Now, in the bad economy, this type of shops give out their products to those loyal customers on credit. Especially those who live close to the store. Thereby, making them more loyal to the store and expanding their number of customers. But, while in business, it's important to diversify. I know everyone needs those groceries everyday and they buy it. Offering a business that helps them process those raw foods purchased from the shops is a great business move. Most people enter business because others do, and end up winding it up. While in search of a small business idea, we must observe the needs of people living around the environment or the type of audience interested in buying the product. For instance, where timbers are sold, we should think of providing a chain saw machine to the environment, because they must need it. Instead, of joining the masses in selling timbers, opening a place where the timbers are being cut into different sizes would earn us good profits. Providing the needs of the store owners is very crucial in boosting our profits. Another instance, is opening a shopping bag store close to the shops where food stuffs are sold. The sellers need the bag to package goods for customers and the more they make sales the better the profits of the bag seller. It only requires some time, until the whole sellers, in the vicinity, begin to patronize the business.

Yes it is like that, even shops like this around my house are not just one so indeed shops like this have fierce competition, as I said by differentiating prices a little cheaper then they will pursue shops that have cheaper prices even though the price difference is very small it can affect their marketing. also this shop will have loyal customers like you said, they will shop because it is convenient at an affordable price.  With basic needs every day, it is possible that a shop like this will not be extinguished by always providing basic necessities that will definitely be sold every day. But of course there will also be definite risks, by managing it well it doesn't matter, even if you can manage it well it could be faster to reopen a gerosir shop or grocery store in another place because as I said there is the potential to grow quickly because by differentiating prices a little cheaper than other stores.

[btc78]

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.

that’s a good idea you already know there’s a demand for a specific product so you just need to study your target audience better probably the challenge you will face with this kind of business is since it’s because it’s in demand, for sure there are already a lot of people who have started the same business

what you’re gonna want to do is elevate the product and make it unique so that you’ll attract customers that are already loyal to that product

[DanWalker]

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.

that’s a good idea you already know there’s a demand for a specific product so you just need to study your target audience better probably the challenge you will face with this kind of business is since it’s because it’s in demand, for sure there are already a lot of people who have started the same business

what you’re gonna want to do is elevate the product and make it unique so that you’ll attract customers that are already loyal to that product

Any business model or idea is a great idea and can bring us profit. The most important thing is our efforts, because even if we sell products that are trending, if we are lazy we will never succeed. For me, whether doing business or working as an employee, effort and never giving up are the keys to success.

I have also seen many people working in offices but still having a prosperous life, small business people also becoming rich...We don't necessarily have to become entrepreneurs or do big business to become rich.

[glendall]

Do you have a small business idea? or business experience? I want to hear it

One business idea that can be done with relatively small capital and is quite promising is opening a roadside food stall. As far as I know they can take profits of up to 200% of capital. Quite promising, especially if it can be developed and has many branches. The risk is that if your food doesn't sell, it will go stale and can't be resold

I admit this business is very promising, with a small capital I have already made a profit, as long as the taste doesn't change when our rice stall is busy,

The risk of going stale or not being finished can actually be avoided by cooking just enough, not too much,

[Accardo]

These kind of shops generates customers easily, but the competition is too much. I noticed that the business owners, also have their loyal customers. Despite having such a similar shop selling same thing at same price, each of them have specific people that purchase from them. Now, in the bad economy, this type of shops give out their products to those loyal customers on credit. Especially those who live close to the store. Thereby, making them more loyal to the store and expanding their number of customers. But, while in business, it's important to diversify. I know everyone needs those groceries everyday and they buy it. Offering a business that helps them process those raw foods purchased from the shops is a great business move. Most people enter business because others do, and end up winding it up. While in search of a small business idea, we must observe the needs of people living around the environment or the type of audience interested in buying the product. For instance, where timbers are sold, we should think of providing a chain saw machine to the environment, because they must need it. Instead, of joining the masses in selling timbers, opening a place where the timbers are being cut into different sizes would earn us good profits. Providing the needs of the store owners is very crucial in boosting our profits. Another instance, is opening a shopping bag store close to the shops where food stuffs are sold. The sellers need the bag to package goods for customers and the more they make sales the better the profits of the bag seller. It only requires some time, until the whole sellers, in the vicinity, begin to patronize the business.

Yes it is like that, even shops like this around my house are not just one so indeed shops like this have fierce competition, as I said by differentiating prices a little cheaper then they will pursue shops that have cheaper prices even though the price difference is very small it can affect their marketing. also this shop will have loyal customers like you said, they will shop because it is convenient at an affordable price.  With basic needs every day, it is possible that a shop like this will not be extinguished by always providing basic necessities that will definitely be sold every day. But of course there will also be definite risks, by managing it well it doesn't matter, even if you can manage it well it could be faster to reopen a gerosir shop or grocery store in another place because as I said there is the potential to grow quickly because by differentiating prices a little cheaper than other stores.

Reducing prices is great way of getting more customers. When the next shops increase prices and it's important to maintain the company price. And still offer quality products. It'll yield more trust from buyers and fetch new customers. The new customers we should expect are those who don't feel right about the prices other shops provide and wants to check elsewhere. But, they're customers that believes, since this shops sells at this rate, that shop would also sell at same rate. Unless someone tells them about getting same product and quality at a cheaper rate in the other shop. What I mean is that the loyal customers of the other shop owners still wouldn't mind buying at their favorite shop owner's shop. But the cheaper shop would definitely gain more customers in the street where they reside. Expanding quickly; building more in different province would be detrimental to the growth of the business. The growth of such shops still take years to get to a big sized shop like a mini super market. When running such a business it'll be great to hold tight the environment we started and win them over for years. Then establish a new one elsewhere, when we are sure about the solidity of the first shop. Thereby building the next one with the income the first one generates. And maximizing profits due to the increase in demands. Or maybe selling some products from the first in the new one. That would be a better idea and also reduce the risk of losses.

[Hewlet]

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

choosing a small scale business to venture into depends on the environment you are located and the needs you find in that environment that is not yet solved or that had been solved but by just a few individuals. Like in a locality where I visit most often, there major concern is that they don't have access to electricity and bore home and during the dry season, they struggle a lot getting water to running house hold stuff, if you are leaving in such environment you can think of digging a bore while and you just buy mini bus and some fetching bucket you can use in distributing the water to house hold hold and every months they will be required to pay you a certain amount. Depending on the capital you are able to raise fit your business, if you deliberately look out for problems that are unsolved in your society, you will find lit of them you can venture into

[Dewi Aries]

These kind of shops generates customers easily, but the competition is too much. I noticed that the business owners, also have their loyal customers. Despite having such a similar shop selling same thing at same price, each of them have specific people that purchase from them. Now, in the bad economy, this type of shops give out their products to those loyal customers on credit. Especially those who live close to the store. Thereby, making them more loyal to the store and expanding their number of customers. But, while in business, it's important to diversify. I know everyone needs those groceries everyday and they buy it. Offering a business that helps them process those raw foods purchased from the shops is a great business move. Most people enter business because others do, and end up winding it up. While in search of a small business idea, we must observe the needs of people living around the environment or the type of audience interested in buying the product. For instance, where timbers are sold, we should think of providing a chain saw machine to the environment, because they must need it. Instead, of joining the masses in selling timbers, opening a place where the timbers are being cut into different sizes would earn us good profits. Providing the needs of the store owners is very crucial in boosting our profits. Another instance, is opening a shopping bag store close to the shops where food stuffs are sold. The sellers need the bag to package goods for customers and the more they make sales the better the profits of the bag seller. It only requires some time, until the whole sellers, in the vicinity, begin to patronize the business.

Yes it is like that, even shops like this around my house are not just one so indeed shops like this have fierce competition, as I said by differentiating prices a little cheaper then they will pursue shops that have cheaper prices even though the price difference is very small it can affect their marketing. also this shop will have loyal customers like you said, they will shop because it is convenient at an affordable price.  With basic needs every day, it is possible that a shop like this will not be extinguished by always providing basic necessities that will definitely be sold every day. But of course there will also be definite risks, by managing it well it doesn't matter, even if you can manage it well it could be faster to reopen a gerosir shop or grocery store in another place because as I said there is the potential to grow quickly because by differentiating prices a little cheaper than other stores.

Reducing prices is great way of getting more customers. When the next shops increase prices and it's important to maintain the company price. And still offer quality products. It'll yield more trust from buyers and fetch new customers. The new customers we should expect are those who don't feel right about the prices other shops provide and wants to check elsewhere. But, they're customers that believes, since this shops sells at this rate, that shop would also sell at same rate. Unless someone tells them about getting same product and quality at a cheaper rate in the other shop. What I mean is that the loyal customers of the other shop owners still wouldn't mind buying at their favorite shop owner's shop. But the cheaper shop would definitely gain more customers in the street where they reside. Expanding quickly; building more in different province would be detrimental to the growth of the business. The growth of such shops still take years to get to a big sized shop like a mini super market. When running such a business it'll be great to hold tight the environment we started and win them over for years. Then establish a new one elsewhere, when we are sure about the solidity of the first shop. Thereby building the next one with the income the first one generates. And maximizing profits due to the increase in demands. Or maybe selling some products from the first in the new one. That would be a better idea and also reduce the risk of losses.

Because it can have a big influence on the shop that is run, and service can also affect store sales. we take the example of other shops or other businesses, for example coffee shops, many coffee shops today because it is a trendy place to hang out especially among young people, and the greatness of young people looking for a place to relax is a coffee shop or caffe. What I have experienced, I have visited a luxurious coffee shop with a high selling price per item, but their poor service made me lazy to visit the coffee shop again, in contrast to the other coffee that is simple and affordable prices with good service, can treat customers well, and it makes me comfortable to enjoy coffee or other menus. So service can also determine people to visit our shop or our business. because if with a comfortable waiter they do not hesitate to come back, there is even the potential for them to give good news to others and invite them to come to our shop. And service can also bring people who will become loyal customers who can even become friends to chat. right what you said, if the first store can be controlled properly, then you can reopen a new store, and not only grocery stores can be other stores as well to become a business.

[TakeItEasy]

It won't be effective if I don't know where you live. I will be easier to suggest to you when I know where you are. like at my place, drinking cups, tire repair, and motorbike washing are small scale business ideas that are very popular until now. But in different places, the industries needed are also different. So look around you and make the most of it.

I won't think people who repairs tires and motorbike etc. can earn a lot. As this is also a skill I can say, without the skills of mechanic it is very difficult to repair the bikes in fact we can easily repair the tires as we can learn it form others. But I think there are some specific knowledge needed for the motorbike repairing which can be better in the future for the person.


And specially I didn't understand about your drinking cup business as you said earlier? What is meant by that? Is it any way of earning the cups or arc you talking about any restaurant in which a person can sell tea or coffee so he can earn from that? Also having a restaurant is a better business but it didn't come under the small categories because it requires a lot of money.

[Accardo]

Yes it is like that, even shops like this around my house are not just one so indeed shops like this have fierce competition, as I said by differentiating prices a little cheaper then they will pursue shops that have cheaper prices even though the price difference is very small it can affect their marketing. also this shop will have loyal customers like you said, they will shop because it is convenient at an affordable price.  With basic needs every day, it is possible that a shop like this will not be extinguished by always providing basic necessities that will definitely be sold every day. But of course there will also be definite risks, by managing it well it doesn't matter, even if you can manage it well it could be faster to reopen a gerosir shop or grocery store in another place because as I said there is the potential to grow quickly because by differentiating prices a little cheaper than other stores.

Reducing prices is great way of getting more customers. When the next shops increase prices and it's important to maintain the company price. And still offer quality products. It'll yield more trust from buyers and fetch new customers. The new customers we should expect are those who don't feel right about the prices other shops provide and wants to check elsewhere. But, they're customers that believes, since this shops sells at this rate, that shop would also sell at same rate. Unless someone tells them about getting same product and quality at a cheaper rate in the other shop. What I mean is that the loyal customers of the other shop owners still wouldn't mind buying at their favorite shop owner's shop. But the cheaper shop would definitely gain more customers in the street where they reside. Expanding quickly; building more in different province would be detrimental to the growth of the business. The growth of such shops still take years to get to a big sized shop like a mini super market. When running such a business it'll be great to hold tight the environment we started and win them over for years. Then establish a new one elsewhere, when we are sure about the solidity of the first shop. Thereby building the next one with the income the first one generates. And maximizing profits due to the increase in demands. Or maybe selling some products from the first in the new one. That would be a better idea and also reduce the risk of losses.

Because it can have a big influence on the shop that is run, and service can also affect store sales. we take the example of other shops or other businesses, for example coffee shops, many coffee shops today because it is a trendy place to hang out especially among young people, and the greatness of young people looking for a place to relax is a coffee shop or caffe. What I have experienced, I have visited a luxurious coffee shop with a high selling price per item, but their poor service made me lazy to visit the coffee shop again, in contrast to the other coffee that is simple and affordable prices with good service, can treat customers well, and it makes me comfortable to enjoy coffee or other menus. So service can also determine people to visit our shop or our business. because if with a comfortable waiter they do not hesitate to come back, there is even the potential for them to give good news to others and invite them to come to our shop. And service can also bring people who will become loyal customers who can even become friends to chat. right what you said, if the first store can be controlled properly, then you can reopen a new store, and not only grocery stores can be other stores as well to become a business.

Moving ahead with your example, what would be your decision if the expensive coffee shop had better customer relationship than the cheaper one? the answer can still explain better about what I meant by loyal customers sticking to the shop they like despite getting products more expensive. A shop that sells at a cheap rate could be overwhelmed with customers, not everybody would wait to get served. So, they'll have no option than to stick to the shop with a bit more expensive product, yet fast in responding and serving their needs. Hence, with your example, you'd notice that with this example, price is definitely what brings the relationship between the seller and the buyers. But, being concerned about the comfort of the buyer, can play a big role in retaining them, to visit some other times. Taking a food restaurant for example, some sell very high than their competitor and still retains customers. Due to the quality of food they provide to the customers across all branches. These days buyers want to be treated right and respected. Regardless of how much you charge them for the products.

[Vaskiy]

Small scale business ideas can be implemented based on what you know well and in what service you master. People used to try different business that they aren't used/worked. That is real risk, whether it is small scale or starting from the scratch it is good to go with business that we have better knowledge. When we get into business that we don't have much of knowledge we need to depend on someone else. If they fail to be punctual, it could ruin our business.

[TimeTeller]

Small scale business ideas can be implemented based on what you know well and in what service you master. People used to try different business that they aren't used/worked. That is real risk, whether it is small scale or starting from the scratch it is good to go with business that we have better knowledge. When we get into business that we don't have much of knowledge we need to depend on someone else. If they fail to be punctual, it could ruin our business.

You definitely need to know at least a little bit of something on the business itself.
Otherwise, you are just subjecting yourself to failure and loss of funds.
There are so many small scale business ideas that you can tap, start thinking about your surrounding environment.
Look for things that you think will be a hit in your neighborhood. You don't need to start from scratch.
You can always imitate the others but you can add something unique in your services or products that will outstand from others.

[armanda90]

I won't think people who repairs tires and motorbike etc. can earn a lot. As this is also a skill I can say, without the skills of mechanic it is very difficult to repair the bikes in fact we can easily repair the tires as we can learn it form others. But I think there are some specific knowledge needed for the motorbike repairing which can be better in the future for the person.


And specially I didn't understand about your drinking cup business as you said earlier? What is meant by that? Is it any way of earning the cups or arc you talking about any restaurant in which a person can sell tea or coffee so he can earn from that? Also having a restaurant is a better business but it didn't come under the small categories because it requires a lot of money.

Seems that business only for professional only who have skill for prepare motor bike and not all people have ideas for building this business, but its very worth business such as they have mechanic skill but difficult if need prepare spare part of motor bike with most expensive values. No doubt become mechanic of motor bike who have many costumer will give much profitable such as small scale business but right now many of compete for this business and need looking for more the unique ideas how to make costumer interested with your skill such as motor bike mechanic.

I have an ideas with agriculture scale small business, I want to plant chili due highest price today and looks excited not difficult for selling it dur many people want to buy it every day.

[Bitcoin_people]

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?

Investing is a business of its own that can never be established without your money. You definitely need a large amount of capital to get ahead in business, and when you have it, your investment will be much better and bigger. The only way you can build capital is by working and saving money by working and then starting a business.

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.

If you want to start a small business and not profitable risk then you need to start those businesses that have constant passive income. Like you can market a shop where you will have regular customers and they will buy your products and you will get daily profit and it will be less risk. Also if you want to do crypto business then trade in bitcoin maximum three days a week where you will get good profit and it is low risk. If you do these two things then surely your business will go well and from here you can build a huge business by making big capital while depositing small amount of money.

Do you have a small business idea? or business experience? I want to hear it

I haven't done any small and big business so I don't have that much idea but have some idea. If I apply all the great things in my business, I will definitely see a good amount of profit at the end of the week and at the end of the month. And if I invest in crypto and trade in bitcoin I have this idea that I can earn good at the end of the month. But I think idea and knowledge experience is the most important thing for a person to make profit in small and big business, if you have such general knowledge then surely you can make profit.

[super bako]

If you already have a thorough plan for material deficiencies, the business must be ready to accept the conditions, don't expect the main advantages of the process to rarely survive. For example, if have a business plan that is just an idea without theory in the field, it will only waste time thinking. A business does not have to be started from a large and strong capital that must be allocated appropriately, and at the expense of time which will be difficult for beginners to get through.

[Bitco55]

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 are a lot of ways whereby one can get capital in order to start up a business and they include;

*Loans from banks- don't know what country you're in and if this is favourable in your country but if your country is like mine with high inflation rate then I won't advise you to use this method.

*Savings - if you've been saving then you can use that for small scale businesses.  If you haven't,  then it's honestly not too late to start.

*Loans from family and friends- this is favorable for all as interest rates aren't as high as those in banks. It mat sometimes be given to you for no interest at all.
There are many others like loans from whales/ venture capitalists, selling of shares of the company,  hire purchase,  collecting money from potential customers in order to make the product etc.

My small business idea would be writing/analyzing data. Still working on it, the only experience I can say I have is writing here on the forum.

[junder]

Small scale business ideas can be implemented based on what you know well and in what service you master. People used to try different business that they aren't used/worked. That is real risk, whether it is small scale or starting from the scratch it is good to go with business that we have better knowledge. When we get into business that we don't have much of knowledge we need to depend on someone else. If they fail to be punctual, it could ruin our business.

And I hope not everyone who starts a business depends on other people. yes, there is nothing wrong with depending on other people, for example, family who helps our business in terms of finance, but you shouldn't be too comfortable with help from parents, because we have to learn to be independent to deal with everything, and also someday we will have our own responsibilities that must be faced like having a family.

to start a business needs knowledge related to the business to be started, because it can reduce the risk of losses that will occur, if you open a business without any knowledge, it will make the business run not smoothly, there will be problems that are not resolved because of the absence of good knowledge. This will be a problem in the future if you open a business without the slightest knowledge, unless we are ready for the big risk or let's say failing in running a business. But I'm sure everyone who starts a business must learn things related to the business they will start.

[Dewi Aries]

Yes it is like that, even shops like this around my house are not just one so indeed shops like this have fierce competition, as I said by differentiating prices a little cheaper then they will pursue shops that have cheaper prices even though the price difference is very small it can affect their marketing. also this shop will have loyal customers like you said, they will shop because it is convenient at an affordable price.  With basic needs every day, it is possible that a shop like this will not be extinguished by always providing basic necessities that will definitely be sold every day. But of course there will also be definite risks, by managing it well it doesn't matter, even if you can manage it well it could be faster to reopen a gerosir shop or grocery store in another place because as I said there is the potential to grow quickly because by differentiating prices a little cheaper than other stores.

Reducing prices is great way of getting more customers. When the next shops increase prices and it's important to maintain the company price. And still offer quality products. It'll yield more trust from buyers and fetch new customers. The new customers we should expect are those who don't feel right about the prices other shops provide and wants to check elsewhere. But, they're customers that believes, since this shops sells at this rate, that shop would also sell at same rate. Unless someone tells them about getting same product and quality at a cheaper rate in the other shop. What I mean is that the loyal customers of the other shop owners still wouldn't mind buying at their favorite shop owner's shop. But the cheaper shop would definitely gain more customers in the street where they reside. Expanding quickly; building more in different province would be detrimental to the growth of the business. The growth of such shops still take years to get to a big sized shop like a mini super market. When running such a business it'll be great to hold tight the environment we started and win them over for years. Then establish a new one elsewhere, when we are sure about the solidity of the first shop. Thereby building the next one with the income the first one generates. And maximizing profits due to the increase in demands. Or maybe selling some products from the first in the new one. That would be a better idea and also reduce the risk of losses.

Because it can have a big influence on the shop that is run, and service can also affect store sales. we take the example of other shops or other businesses, for example coffee shops, many coffee shops today because it is a trendy place to hang out especially among young people, and the greatness of young people looking for a place to relax is a coffee shop or caffe. What I have experienced, I have visited a luxurious coffee shop with a high selling price per item, but their poor service made me lazy to visit the coffee shop again, in contrast to the other coffee that is simple and affordable prices with good service, can treat customers well, and it makes me comfortable to enjoy coffee or other menus. So service can also determine people to visit our shop or our business. because if with a comfortable waiter they do not hesitate to come back, there is even the potential for them to give good news to others and invite them to come to our shop. And service can also bring people who will become loyal customers who can even become friends to chat. right what you said, if the first store can be controlled properly, then you can reopen a new store, and not only grocery stores can be other stores as well to become a business.

Moving ahead with your example, what would be your decision if the expensive coffee shop had better customer relationship than the cheaper one? the answer can still explain better about what I meant by loyal customers sticking to the shop they like despite getting products more expensive. A shop that sells at a cheap rate could be overwhelmed with customers, not everybody would wait to get served. So, they'll have no option than to stick to the shop with a bit more expensive product, yet fast in responding and serving their needs. Hence, with your example, you'd notice that with this example, price is definitely what brings the relationship between the seller and the buyers. But, being concerned about the comfort of the buyer, can play a big role in retaining them, to visit some other times. Taking a food restaurant for example, some sell very high than their competitor and still retains customers. Due to the quality of food they provide to the customers across all branches. These days buyers want to be treated right and respected. Regardless of how much you charge them for the products.

It all comes back to yourself, I myself would prefer a coffee shop with affordable prices and a simple concept and also good service, maybe there are people who maintain their luxurious lifestyle even though it doesn't make them comfortable, because with those who feel they can afford it, they can maintain it with luxury, but not with me.
"So, they have no choice but to stay in the store with a slightly more expensive product", like you said this, so it all comes back to yourself, if the name of a loyal customer, of course they will survive by waiting to be served, because no matter how busy the store will definitely serve its customers well even though they have to wait, if they can't wait maybe they are annoyed with the service, but if people are smart, they can see when the store is crowded customers are queuing naturally they wait, right?

About the price being the determinant, it's true, like the saying "money knows the quality of goods" the more expensive the price, the better the quality. That is absolutely recognized. But is it possible that all people are like that? They don't want to wait to be served and run away from shop A to shop B? I don't think so. People's comfort is different, just like choices, they have the right to choose what is best for themselves.

[Accardo]

Moving ahead with your example, what would be your decision if the expensive coffee shop had better customer relationship than the cheaper one? the answer can still explain better about what I meant by loyal customers sticking to the shop they like despite getting products more expensive. A shop that sells at a cheap rate could be overwhelmed with customers, not everybody would wait to get served. So, they'll have no option than to stick to the shop with a bit more expensive product, yet fast in responding and serving their needs. Hence, with your example, you'd notice that with this example, price is definitely what brings the relationship between the seller and the buyers. But, being concerned about the comfort of the buyer, can play a big role in retaining them, to visit some other times. Taking a food restaurant for example, some sell very high than their competitor and still retains customers. Due to the quality of food they provide to the customers across all branches. These days buyers want to be treated right and respected. Regardless of how much you charge them for the products.

It all comes back to yourself, I myself would prefer a coffee shop with affordable prices and a simple concept and also good service, maybe there are people who maintain their luxurious lifestyle even though it doesn't make them comfortable, because with those who feel they can afford it, they can maintain it with luxury, but not with me.
"So, they have no choice but to stay in the store with a slightly more expensive product", like you said this, so it all comes back to yourself, if the name of a loyal customer, of course they will survive by waiting to be served, because no matter how busy the store will definitely serve its customers well even though they have to wait, if they can't wait maybe they are annoyed with the service, but if people are smart, they can see when the store is crowded customers are queuing naturally they wait, right?

About the price being the determinant, it's true, like the saying "money knows the quality of goods" the more expensive the price, the better the quality. That is absolutely recognized. But is it possible that all people are like that? They don't want to wait to be served and run away from shop A to shop B? I don't think so. People's comfort is different, just like choices, they have the right to choose what is best for themselves.

Not saying this for all the people, but some are like this, they'll hardly leave a specific shop, due to personal transactions in the past as getting stuffs on credit in store A and not allowed in stored B. I mentioned this in my previous replies, under marketing. Because this person now have access to get stuffs on credit, he'll hardly move to another store, despite the high cost of the product. That's for the grocery stores. But, for other businesses, things can change. Maybe If I think I'm not in a hurry, It's possible to wait for the queue till it gets to me. Yet, it's always certain that the cheaper store gets more traffic and the attendants may not be fast enough to meet up to the standard of everyone, who came to get that product cheaper. And, note that, the price difference isn't that significant; quite a bit different from what the other store sell. As for price being a determinant. I don't follow that principle. Even my response always centered on selling at company instructed price. Those who think that price defines quality still fall for serious deceit in the market. It's left for the consumer to differentiate the quality product from less quality one.

[Dewi Aries]

Moving ahead with your example, what would be your decision if the expensive coffee shop had better customer relationship than the cheaper one? the answer can still explain better about what I meant by loyal customers sticking to the shop they like despite getting products more expensive. A shop that sells at a cheap rate could be overwhelmed with customers, not everybody would wait to get served. So, they'll have no option than to stick to the shop with a bit more expensive product, yet fast in responding and serving their needs. Hence, with your example, you'd notice that with this example, price is definitely what brings the relationship between the seller and the buyers. But, being concerned about the comfort of the buyer, can play a big role in retaining them, to visit some other times. Taking a food restaurant for example, some sell very high than their competitor and still retains customers. Due to the quality of food they provide to the customers across all branches. These days buyers want to be treated right and respected. Regardless of how much you charge them for the products.

It all comes back to yourself, I myself would prefer a coffee shop with affordable prices and a simple concept and also good service, maybe there are people who maintain their luxurious lifestyle even though it doesn't make them comfortable, because with those who feel they can afford it, they can maintain it with luxury, but not with me.
"So, they have no choice but to stay in the store with a slightly more expensive product", like you said this, so it all comes back to yourself, if the name of a loyal customer, of course they will survive by waiting to be served, because no matter how busy the store will definitely serve its customers well even though they have to wait, if they can't wait maybe they are annoyed with the service, but if people are smart, they can see when the store is crowded customers are queuing naturally they wait, right?

About the price being the determinant, it's true, like the saying "money knows the quality of goods" the more expensive the price, the better the quality. That is absolutely recognized. But is it possible that all people are like that? They don't want to wait to be served and run away from shop A to shop B? I don't think so. People's comfort is different, just like choices, they have the right to choose what is best for themselves.

Not saying this for all the people, but some are like this, they'll hardly leave a specific shop, due to personal transactions in the past as getting stuffs on credit in store A and not allowed in stored B. I mentioned this in my previous replies, under marketing. Because this person now have access to get stuffs on credit, he'll hardly move to another store, despite the high cost of the product. That's for the grocery stores. But, for other businesses, things can change. Maybe If I think I'm not in a hurry, It's possible to wait for the queue till it gets to me. Yet, it's always certain that the cheaper store gets more traffic and the attendants may not be fast enough to meet up to the standard of everyone, who came to get that product cheaper. And, note that, the price difference isn't that significant; quite a bit different from what the other store sell. As for price being a determinant. I don't follow that principle. Even my response always centered on selling at company instructed price. Those who think that price defines quality still fall for serious deceit in the market. It's left for the consumer to differentiate the quality product from less quality one.

And as far as I know, there are many items that can be paid for on credit, even all home appliances seem to be eligible. They may stay because the store usually provides credit payments, so it's natural for them to stay with a store like this. As I said, it all comes down to individual choice, there is no coercion for customers to stay or to leave, because they themselves have the right to choose and determine which is better.
True with what you said that "the clerk may not be fast enough to meet everyone's standards" but surely they will also maximize their services to make the customer comfortable, and the rest returns to the customer himself who determines. and keep in mind also that prices know goods in other words, money knows goods. so money also determines the quality of the goods.

[Youngkhngdiddy]

And I hope not everyone who starts a business depends on other people. yes, there is nothing wrong with depending on other people, for example, family who helps our business in terms of finance, but you shouldn't be too comfortable with help from parents, because we have to learn to be independent to deal with everything, and also someday we will have our own responsibilities that must be faced like having a family.

to start a business needs knowledge related to the business to be started, because it can reduce the risk of losses that will occur, if you open a business without any knowledge, it will make the business run not smoothly, there will be problems that are not resolved because of the absence of good knowledge. This will be a problem in the future if you open a business without the slightest knowledge, unless we are ready for the big risk or let's say failing in running a business. But I'm sure everyone who starts a business must learn things related to the business they will start.

   Starting a business isn't something one just jump into all because he wants to have something doing to earn from. There are steps to be followed. First, you have to be ready in the mind to incurr both profit and losses, acquire knowledge on the generality of business ethics. Not all businesses seems rosy, some will take a while before it booms, it's not controlled intentionally by you, there are factors. Then afterwards, you broaden your knowledge on the business area you prefer.
   It is advisable to start small before expanding. When the capital comes, one doesn't necessary have to jump from level 1 to level 5 in his thoughts of business. Take it step by step. For first timers, take a trial with the littlest if business and see how well you're able to manage it before you can convincingly upgrade. You don't necessarily have to make it look same as others. It can be small but unique.

[shinratensei_]

Small scale business ideas can be implemented based on what you know well and in what service you master. People used to try different business that they aren't used/worked. That is real risk, whether it is small scale or starting from the scratch it is good to go with business that we have better knowledge. When we get into business that we don't have much of knowledge we need to depend on someone else. If they fail to be punctual, it could ruin our business.

true, there's reason why so many businessman out there actually acquiring knowledge and connection from when they was till an employee because all those things they gained could easily make their business have higher rate of success, imagine having all that required knowledge alongside list of potential clients that they could somehow convert into their loyal customer then you're set already, your business destined to be a success.
but someone starting from scratch without sufficient knowledge you know what would be the outcome, absolute loss because they don't even have any idea what they themselves are doing while
the clients are expecting some outstanding service at cheap rate, they already fail at giving the outstanding service so the cheap rate means nothing therefore they have no chance from the very beginning.

[Uruhara]

If you already have a thorough plan for material deficiencies, the business must be ready to accept the conditions, don't expect the main advantages of the process to rarely survive. For example, if have a business plan that is just an idea without theory in the field, it will only waste time thinking. A business does not have to be started from a large and strong capital that must be allocated appropriately, and at the expense of time which will be difficult for beginners to get through.

Sometimes having the courage to start, even with only small capital, can be an important point in building a business. Because there are many people out there who already have theories, plans and even capital. But they are very afraid to start a business. They are afraid of failure when they haven't even started. Starting a business is about taking risks. And risks can be minimized with careful planning and adequate insight. Small capital is not a problem if we start from a small business. But even though it's a small business and with small capital. But you still have to have reserve capital. Because when we start a business at the beginning, we won't immediately get a lot of profit. Because at the start of our business we focus more on building trust and attracting consumer interest and making them become customers. So this is where reserve capital is needed when our business starts to get busy with visitors and we need additional capital.

[slapper]

If you already have a thorough plan for material deficiencies, the business must be ready to accept the conditions, don't expect the main advantages of the process to rarely survive. For example, if have a business plan that is just an idea without theory in the field, it will only waste time thinking. A business does not have to be started from a large and strong capital that must be allocated appropriately, and at the expense of time which will be difficult for beginners to get through.

Sometimes having the courage to start, even with only small capital, can be an important point in building a business. Because there are many people out there who already have theories, plans and even capital. But they are very afraid to start a business. They are afraid of failure when they haven't even started. Starting a business is about taking risks. And risks can be minimized with careful planning and adequate insight. Small capital is not a problem if we start from a small business. But even though it's a small business and with small capital. But you still have to have reserve capital. Because when we start a business at the beginning, we won't immediately get a lot of profit. Because at the start of our business we focus more on building trust and attracting consumer interest and making them become customers. So this is where reserve capital is needed when our business starts to get busy with visitors and we need additional capital.

Capital is important, but mindset is too. Risk-taking is essential yet often feared. You're right about reserve capital as a safety net for early storms. However, there's more. Understanding cash flow is essential for ongoing operations before profitability. Starting a business takes bravery and planning. Many ignore this dualism. Reserve capital is more than financial security; it gives entrepreneurs psychological comfort to take calculated risks without fear of failure

You're revealing another company strategy by emphasizing trust and consumer interest. Is it a long-term game? Initial profits are hard to find, but connections are the prize. This method prioritizes lasting growth over instant gains. Although earnings are important, the first phase is about value and client acquisition. That's the foundation of successful businesses. Business strategy's delicate but crucial feature is often overlooked in the dash for rapid profits

[red4slash]

If you already have a thorough plan for material deficiencies, the business must be ready to accept the conditions, don't expect the main advantages of the process to rarely survive. For example, if have a business plan that is just an idea without theory in the field, it will only waste time thinking. A business does not have to be started from a large and strong capital that must be allocated appropriately, and at the expense of time which will be difficult for beginners to get through.

Sometimes having the courage to start, even with only small capital, can be an important point in building a business. Because there are many people out there who already have theories, plans and even capital. But they are very afraid to start a business. They are afraid of failure when they haven't even started. Starting a business is about taking risks. And risks can be minimized with careful planning and adequate insight. Small capital is not a problem if we start from a small business. But even though it's a small business and with small capital. But you still have to have reserve capital. Because when we start a business at the beginning, we won't immediately get a lot of profit. Because at the start of our business we focus more on building trust and attracting consumer interest and making them become customers. So this is where reserve capital is needed when our business starts to get busy with visitors and we need additional capital.

The first step must be taken when starting a business and usually the first step is the most difficult step to take. If we don't have a lot of courage to take that first step, then certainly we will never do the business that we have in our heads that we have designed in such a way.
It is undeniable that the first step is indeed the most difficult step, because it will determine whether we can move forward or not, regardless of whether we will be successful with our business or vice versa. But if we never take the first step, then we will never know what will happen.

[EarnOnVictor]

Do you have a small business idea? or business experience? I want to hear it

There are many small-scale business ideas that I can ship in for you but the location you are matters, regardless, I believe that anyone could still be successful with food and pastries if such a person plans it very well. This is a business idea that is not capital-intensive if you do not want to go into the deep creative business. You may want to do the following;

1. Learn the business from the best.
2. Know your budget
3. Find the right locations for your vision and pick the best
4. Know the kind of people you need to run it and employ them.
5. Then do your marketing if needed.
6. Write at the back of your mind that good relations and best services thrive a business at best

Besides, Importing and Exporting is another good one that is thriving in my country. If you have the needed resources, you can get started and make your money easily.

[junder]

And I hope not everyone who starts a business depends on other people. yes, there is nothing wrong with depending on other people, for example, family who helps our business in terms of finance, but you shouldn't be too comfortable with help from parents, because we have to learn to be independent to deal with everything, and also someday we will have our own responsibilities that must be faced like having a family.

to start a business needs knowledge related to the business to be started, because it can reduce the risk of losses that will occur, if you open a business without any knowledge, it will make the business run not smoothly, there will be problems that are not resolved because of the absence of good knowledge. This will be a problem in the future if you open a business without the slightest knowledge, unless we are ready for the big risk or let's say failing in running a business. But I'm sure everyone who starts a business must learn things related to the business they will start.

   Starting a business isn't something one just jump into all because he wants to have something doing to earn from. There are steps to be followed. First, you have to be ready in the mind to incurr both profit and losses, acquire knowledge on the generality of business ethics. Not all businesses seems rosy, some will take a while before it booms, it's not controlled intentionally by you, there are factors. Then afterwards, you broaden your knowledge on the business area you prefer.
   It is advisable to start small before expanding. When the capital comes, one doesn't necessary have to jump from level 1 to level 5 in his thoughts of business. Take it step by step. For first timers, take a trial with the littlest if business and see how well you're able to manage it before you can convincingly upgrade. You don't necessarily have to make it look same as others. It can be small but unique.

To earn income, of course they have to learn things related to the business or business they will run, by learning the related aspects, it can minimize the losses or risks that will be experienced. And learn how to manage income and expenses, to avoid losses and bring profits to the business being run. It may not take a short time to produce a thriving business, of course it takes a long time to develop a business that is run. As fast as the business is run to develop, in my opinion, everything takes a long time, it is impossible with a short time for a business that has just started to be big. It takes a process of time to achieve satisfactory results.

That's right, they can't jump all at once,  they have to follow the flow by running the business gradually like you said step by step. Even though the business is small, if they can manage everything well, it will result in developments that make the business profitable.

[Uruhara]

Sometimes having the courage to start, even with only small capital, can be an important point in building a business. Because there are many people out there who already have theories, plans and even capital. But they are very afraid to start a business. They are afraid of failure when they haven't even started. Starting a business is about taking risks. And risks can be minimized with careful planning and adequate insight. Small capital is not a problem if we start from a small business. But even though it's a small business and with small capital. But you still have to have reserve capital. Because when we start a business at the beginning, we won't immediately get a lot of profit. Because at the start of our business we focus more on building trust and attracting consumer interest and making them become customers. So this is where reserve capital is needed when our business starts to get busy with visitors and we need additional capital.

The first step must be taken when starting a business and usually the first step is the most difficult step to take. If we don't have a lot of courage to take that first step, then certainly we will never do the business that we have in our heads that we have designed in such a way.
It is undeniable that the first step is indeed the most difficult step, because it will determine whether we can move forward or not, regardless of whether we will be successful with our business or vice versa. But if we never take the first step, then we will never know what will happen.

Thinking a lot before doing something is very good, but sometimes thinking too much can also make someone more afraid to take steps. And yes, this first step is actually always a barrier for anyone who wants to have an independent business. If we can tear down this wall then we have succeeded in taking a step forward.

In fact, many people actually prefer the safe zone be  remaining employees and do not dare to take steps to get out of their comfort zone into a more challenging zone such as opening an independent business. Starting a business is not a safe zone. But it will provide opportunities to get better things in the future if we succeed. In contrast to being an employee, we can only live a monotonous life while hoping that we can continue working as employees and they feel safe because they are permanent employees, but they forget that if the company they work for goes bankrupt then they will suddenly lose their job. So actually everything has its own risks.

[Davian144]

If you already have a thorough plan for material deficiencies, the business must be ready to accept the conditions, don't expect the main advantages of the process to rarely survive. For example, if have a business plan that is just an idea without theory in the field, it will only waste time thinking. A business does not have to be started from a large and strong capital that must be allocated appropriately, and at the expense of time which will be difficult for beginners to get through.

If the capital allocation is very appropriate for running a business, I don't think there will be any obstacles that can prevent the business from running, unless the amount of capital is too small. Because every business also has a certain amount of capital when someone wants to run it, even though some people have said that this business can be run with small capital. But don't think about opening a cafe or restaurant with capital of $100 because it definitely won't be enough unless it's just for trading on the side of the road.

For those who want to open a business, of course there must be more careful calculations through theory first or before someone can open a business directly. Because every theory that has been considered correctly, still needs to be proven by execution by the business owner himself so that he will not waste too much time just writing the theory.

[Fakhrulenclix]

If you already have a thorough plan for material deficiencies, the business must be ready to accept the conditions, don't expect the main advantages of the process to rarely survive. For example, if have a business plan that is just an idea without theory in the field, it will only waste time thinking. A business does not have to be started from a large and strong capital that must be allocated appropriately, and at the expense of time which will be difficult for beginners to get through.

If the capital allocation is very appropriate for running a business, I don't think there will be any obstacles that can prevent the business from running, unless the amount of capital is too small. Because every business also has a certain amount of capital when someone wants to run it, even though some people have said that this business can be run with small capital. But don't think about opening a cafe or restaurant with capital of $100 because it definitely won't be enough unless it's just for trading on the side of the road.

For those who want to open a business, of course there must be more careful calculations through theory first or before someone can open a business directly. Because every theory that has been considered correctly, still needs to be proven by execution by the business owner himself so that he will not waste too much time just writing the theory.

In fact, for small scale businesses, capital is not an obstacle if the business we are going to run has good prospects, small scale businesses will of course also require small costs (capital) and if the business we are running has good progress then we can easily develop a business that is even bigger than the profits we get.

This only applies to small-scale businesses, if we are talking about large-scale businesses with large capital then that also carries a large risk and requires quite careful calculations, I think this has quite a significant difference.

[junder]

If you already have a thorough plan for material deficiencies, the business must be ready to accept the conditions, don't expect the main advantages of the process to rarely survive. For example, if have a business plan that is just an idea without theory in the field, it will only waste time thinking. A business does not have to be started from a large and strong capital that must be allocated appropriately, and at the expense of time which will be difficult for beginners to get through.

If the capital allocation is very appropriate for running a business, I don't think there will be any obstacles that can prevent the business from running, unless the amount of capital is too small. Because every business also has a certain amount of capital when someone wants to run it, even though some people have said that this business can be run with small capital. But don't think about opening a cafe or restaurant with capital of $100 because it definitely won't be enough unless it's just for trading on the side of the road.

For those who want to open a business, of course there must be more careful calculations through theory first or before someone can open a business directly. Because every theory that has been considered correctly, still needs to be proven by execution by the business owner himself so that he will not waste too much time just writing the theory.

In fact, for small scale businesses, capital is not an obstacle if the business we are going to run has good prospects, small scale businesses will of course also require small costs (capital) and if the business we are running has good progress then we can easily develop a business that is even bigger than the profits we get.

This only applies to small-scale businesses, if we are talking about large-scale businesses with large capital then that also carries a large risk and requires quite careful calculations, I think this has quite a significant difference.

That's right, there's nothing wrong with starting a business with even a small capital. Because if you can manage and run it well it will produce its own benefits, all businesses or businesses must mostly start from a small scale and run well then over time it will also develop, little by little it will definitely develop and that way there is an opportunity to become a large business or business. As long as it's done well, I think it makes sense.

All businesses or businesses that are run must be done as well as possible, for the development of the business to become big, of course it must be done bertaha, by doing it slowly and not rashly, we take an example from level 1 to level 5, it is impossible to start a business from level 1 directly jumping to level 5. Of course, they have to go through and face the levels that are between 1 and 5, namely 2,3,4 then 5, if they force themselves to go directly to level 5, in my opinion it is very risky but I don't know for sure, because people have different thoughts, so they can determine it themselves.

[slapper]

If you already have a thorough plan for material deficiencies, the business must be ready to accept the conditions, don't expect the main advantages of the process to rarely survive. For example, if have a business plan that is just an idea without theory in the field, it will only waste time thinking. A business does not have to be started from a large and strong capital that must be allocated appropriately, and at the expense of time which will be difficult for beginners to get through.

If the capital allocation is very appropriate for running a business, I don't think there will be any obstacles that can prevent the business from running, unless the amount of capital is too small. Because every business also has a certain amount of capital when someone wants to run it, even though some people have said that this business can be run with small capital. But don't think about opening a cafe or restaurant with capital of $100 because it definitely won't be enough unless it's just for trading on the side of the road.

For those who want to open a business, of course there must be more careful calculations through theory first or before someone can open a business directly. Because every theory that has been considered correctly, still needs to be proven by execution by the business owner himself so that he will not waste too much time just writing the theory.

Consider the value of new ideas and flexibility in today's economy. Companies have succeeded with little money using digital tools and non-traditional business methods. The concept that capital efficiency solves all problems is excessively simplistic. What about market, competition, and behaviour changes? Such problems can halt even the most well-funded initiatives. Capital is crucial, but success depends on other factors

 Overemphasising theory over practise limits. Doesn't business life seem too free for rigid theories? Ideas are guidelines, not truth. Today's economy values adaptability and real-time decision-making over theory. Businesses must adjust to market changes, which often requires detours. Instead of following theory frameworks, this strategy uses financial knowledge, risk assessment, and gut instincts to make judgements