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Author Topic: Small Scale Business Ideas  (Read 1901 times)
HajiBagi
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November 01, 2023, 06:58:28 AM
 #221

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.

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November 01, 2023, 04:35:55 PM
 #222

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.

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November 01, 2023, 07:30:39 PM
 #223

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.
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November 01, 2023, 07:59:10 PM
 #224

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.









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November 01, 2023, 08:53:04 PM
 #225

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.

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November 03, 2023, 08:16:19 AM
 #226

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.
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November 03, 2023, 07:04:07 PM
 #227

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.

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November 03, 2023, 07:44:30 PM
 #228

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.

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November 12, 2023, 08:11:23 AM
 #229

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).
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November 12, 2023, 10:36:05 AM
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 #230

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.

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November 12, 2023, 03:02:16 PM
 #231

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.

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November 13, 2023, 02:00:51 PM
 #232

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.

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November 13, 2023, 03:16:15 PM
 #233

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.
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November 13, 2023, 03:33:45 PM
 #234

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

Quote
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

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November 13, 2023, 03:45:28 PM
 #235

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.









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November 15, 2023, 02:59:03 PM
 #236

...
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.

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November 15, 2023, 03:26:46 PM
 #237

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.

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November 15, 2023, 04:15:11 PM
 #238

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
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November 15, 2023, 04:33:40 PM
 #239

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.

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November 15, 2023, 04:47:39 PM
 #240

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.

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