Which business is very profitable?

[0t3p0t]

in my country the food business is promising all the time, especially during the month of Ramadan there will be many impromptu sellers selling sweet foods to break the fast,
Not only during the fasting month, in fact, if you are in the business of selling food, people will always be looking for it
Without having to open a kiosk, you can sell at home online and delivery via special food delivery couriers

Agree. Humans need to eat because that is the only way we can repay our body for a tiring and exhausting day most especially when we are working or having  any other physical activities. Food is also one of the basic needs we cannot ignore because we crave for it and we need it. During pandemic food delivery is one of the most profitable way of business and it's on trend nowadays.

[DabsPoorVersion]

What are the other profitable businesses in your area? Let's discuss.

In my area, street foods are popular businesses that offer various types of food. This particular setup is commonly known as a night market, which operates from evening till midnight. Numerous stores are situated along an entire street with a lot of foot traffic, and businesses in the area include street food vendors, coffee stalls, food booths that serve rice meals, and many others.

This kind of setup is not unique to my area but can be found in other parts of the country as well. Many teenagers and adults enjoy spending their evenings with friends, eating out, or having coffee.

[0t3p0t]

What are the other profitable businesses in your area? Let's discuss.

In my area, street foods are popular businesses that offer various types of food. This particular setup is commonly known as a night market, which operates from evening till midnight. Numerous stores are situated along an entire street with a lot of foot traffic, and businesses in the area include street food vendors, coffee stalls, food booths that serve rice meals, and many others.

This kind of setup is not unique to my area but can be found in other parts of the country as well. Many teenagers and adults enjoy spending their evenings with friends, eating out, or having coffee.

Yeah same here mate as we cane from the same country if I am not mistaken. Night markets are booming nationwide and some business minded people grab this opportunity as we all know we've been trapped inside our houses 2-3 years ago because of pandemic and yeah it is now on trend. Though I am a bit frugal guy because I am preparing for something that is why I can't support local vendors I prefer eating healthy and free foods at home than spending money outside. 😅 But all I can say is that food business is great.

[DabsPoorVersion]

What are the other profitable businesses in your area? Let's discuss.

In my area, street foods are popular businesses that offer various types of food. This particular setup is commonly known as a night market, which operates from evening till midnight. Numerous stores are situated along an entire street with a lot of foot traffic, and businesses in the area include street food vendors, coffee stalls, food booths that serve rice meals, and many others.

This kind of setup is not unique to my area but can be found in other parts of the country as well. Many teenagers and adults enjoy spending their evenings with friends, eating out, or having coffee.

Yeah same here mate as we cane from the same country if I am not mistaken. Night markets are booming nationwide and some business minded people grab this opportunity as we all know we've been trapped inside our houses 2-3 years ago because of pandemic and yeah it is now on trend. Though I am a bit frugal guy because I am preparing for something that is why I can't support local vendors I prefer eating healthy and free foods at home than spending money outside. 😅 But all I can say is that food business is great.

Actually, the concept of a night market existed even before the pandemic. This is similar to a food hub, where different food stalls or booths are located in a limited area. However, due to the pandemic, these food hubs were closed. Now, they have expanded the concept and have set up more food stalls by using entire streets in various locations around the country, which has become very popular with everyone.

[Mr. Allcrypto]

Hello guys, so I was thinking just about the best profitable business that anyone can engage in, depending on the country in which they find themselves. There are a lot of people on this forum from different countries all over the world, and as we are from different countries, we have different policies and rules that govern business.

In my country, you can just start some kind of mini business with less capital, and some of those businesses can be very profitable. Businesses such as:

1: selling of cold bottles or sachets of water: In my country, it's usually very hot during the dry season, so if you engage in this business during that period, you will make a lot of profit. So, if you are in a country that experiences a very hot season, you can make use of the opportunity to enter into such a temporary business.

2: mini grocery shop: every day of our lives, we spend on a few things at the grocery shop, so if you are doing a grocery business in a good location, you will definitely be selling more often and making a profit.

3: food business: Every day of our lives, we eat. That's to tell you that there is usually high demand for food items, so if you are actually doing a food business, you will definitely sell and make a profit.

What are the other profitable businesses in your area? Let's discuss.

All business can be profitable depending on the foundation of your business, and also the level of how committed you are to your business.
Before opening a business you'll do some marketing surveying first to know the basic needs and wants of the people in the particular environment you want to do the business. Taking for instance you can't go and sell dried fish in a primary school and expert your business to grow, because in that particular environment the kids in the school don't need them  at school, rather you can sell snacks for them, because definitely some will come to school with money for lunch during breake period.
So before doing business you have to have ideas and experiences about it to make sure that your business do not collapse or go bankruptcy.

[0t3p0t]

Actually, the concept of a night market existed even before the pandemic. This is similar to a food hub, where different food stalls or booths are located in a limited area. However, due to the pandemic, these food hubs were closed. Now, they have expanded the concept and have set up more food stalls by using entire streets in various locations around the country, which has become very popular with everyone.

Yeah pandemic really hurt these businesses and here in my place suffer a devatating loss when a supetyphoon hit us that is why it gives these businesses delay to get back up again since we are heavily damaged financially due to overspending on repairs. But some of them are operating normally right now but few of them don't have the guts to re-establish their stalls especially those who are heavily affected and did not anticipate the disaster.

Food stalls here in my area is quiet decreasing based on my observation and comparison before the pandemic. I don't know if the people themselves lose their interests or afraid of what had happen before or what but it is what it is.

[Emmanuel1]

Hello guys, so I was thinking just about the best profitable business that anyone can engage in, depending on the country in which they find themselves. There are a lot of people on this forum from different countries all over the world, and as we are from different countries, we have different policies and rules that govern business.

In my country, you can just start some kind of mini business with less capital, and some of those businesses can be very profitable. Businesses such as:

1: selling of cold bottles or sachets of water: In my country, it's usually very hot during the dry season, so if you engage in this business during that period, you will make a lot of profit. So, if you are in a country that experiences a very hot season, you can make use of the opportunity to enter into such a temporary business.

2: mini grocery shop: every day of our lives, we spend on a few things at the grocery shop, so if you are doing a grocery business in a good location, you will definitely be selling more often and making a profit.

3: food business: Every day of our lives, we eat. That's to tell you that there is usually high demand for food items, so if you are actually doing a food business, you will definitely sell and make a profit.

What are the other profitable businesses in your area? Let's discuss.

Actually, farming is a lucrative business,farming business such as fish farming, pig  farming and poultry farming etc. farming businesses is very lucrative, because there's more money in agriculture than oil and gas. In this 21st century, based on technology, you can market your produce online through the help of the internet, so to me I believe farming business is more profitable than any other business for now. That's my opinion.

[0t3p0t]

Hello guys, so I was thinking just about the best profitable business that anyone can engage in, depending on the country in which they find themselves. There are a lot of people on this forum from different countries all over the world, and as we are from different countries, we have different policies and rules that govern business.

In my country, you can just start some kind of mini business with less capital, and some of those businesses can be very profitable. Businesses such as:

1: selling of cold bottles or sachets of water: In my country, it's usually very hot during the dry season, so if you engage in this business during that period, you will make a lot of profit. So, if you are in a country that experiences a very hot season, you can make use of the opportunity to enter into such a temporary business.

2: mini grocery shop: every day of our lives, we spend on a few things at the grocery shop, so if you are doing a grocery business in a good location, you will definitely be selling more often and making a profit.

3: food business: Every day of our lives, we eat. That's to tell you that there is usually high demand for food items, so if you are actually doing a food business, you will definitely sell and make a profit.

What are the other profitable businesses in your area? Let's discuss.

Actually, farming is a lucrative business,farming business such as fish farming, pig  farming and poultry farming etc. farming businesses is very lucrative, because there's more money in agriculture than oil and gas. In this 21st century, based on technology, you can market your produce online through the help of the internet, so to me I believe farming business is more profitable than any other business for now. That's my opinion.

Since this falls into the category of food sector no doubt it is one of the most profitable business nowadays. I can actually see this strategy here in my locality where they use social media platforms to market their products and for me it just make things easy for both the buyer and the seller.

[Dr.Bitcoin_Strange]

Finding a targeted audience might help an organization become more successful. A targeted audience is a precise group of people who are interested in what you have to offer. Instead of beginning an entire pup-sitting business, you may concentrate on providing pup-sitting services exclusively for professionals with jobs who require someone to care for their pet throughout the day. By identifying a targeted audience, you may customize your marketing and products or services to the demands of a certain group of people. So profitability takes time; it does not come immediately, so be calm and focus on developing a solid foundation to support your firm.

[DragonF]

Hello guys, so I was thinking just about the best profitable business that anyone can engage in, depending on the country in which they find themselves. There are a lot of people on this forum from different countries all over the world, and as we are from different countries, we have different policies and rules that govern business.

In my country, you can just start some kind of mini business with less capital, and some of those businesses can be very profitable. Businesses such as:

1: selling of cold bottles or sachets of water: In my country, it's usually very hot during the dry season, so if you engage in this business during that period, you will make a lot of profit. So, if you are in a country that experiences a very hot season, you can make use of the opportunity to enter into such a temporary business.

2: mini grocery shop: every day of our lives, we spend on a few things at the grocery shop, so if you are doing a grocery business in a good location, you will definitely be selling more often and making a profit.

3: food business: Every day of our lives, we eat. That's to tell you that there is usually high demand for food items, so if you are actually doing a food business, you will definitely sell and make a profit.

What are the other profitable businesses in your area? Let's discuss.

All business can be profitable depending on the foundation of your business, and also the level of how committed you are to your business.
Before opening a business you'll do some marketing surveying first to know the basic needs and wants of the people in the particular environment you want to do the business. Taking for instance you can't go and sell dried fish in a primary school and expert your business to grow, because in that particular environment the kids in the school don't need them  at school, rather you can sell snacks for them, because definitely some will come to school with money for lunch during breake period.
So before doing business you have to have ideas and experiences about it to make sure that your business do not collapse or go bankruptcy.

You are right. Every business is profitable. It is a function of the person managing the business. We have good business managers and bad managers. Good business managers are experts and creative in handling business so they can make the business grow and generate profit whereas a bad manager will keep complaining about the downfall of the business without trying to map out a strategy that can make the business generate profit.

Sometimes, some business owners don't carry out feasibility studies before starting a business and then keep complaining afterward. Every good business must start with a feasibility study. This can tell how viable a particular business is for its targeted audience.

[DrBeer]

I consider the segment of food production and sales to be the most stable ! The fact is that food products have been and will be consumed by ALL segments of the population until the end of the human species. Yes, I will warn that mass food products are not the most high-margin goods, but they have a huge market of consumers, and in some countries there is even an increased demand. Therefore, any investment or building your own business based on food (production, sales) - "doomed to success"

[0t3p0t]

I consider the segment of food production and sales to be the most stable ! The fact is that food products have been and will be consumed by ALL segments of the population until the end of the human species. Yes, I will warn that mass food products are not the most high-margin goods, but they have a huge market of consumers, and in some countries there is even an increased demand. Therefore, any investment or building your own business based on food (production, sales) - "doomed to success"

Yes no doubt about that and since it belongs to the basic human needs it won't become something obsolete just because of the fact that we all need it. It is just the matter of improvements on how presentable and unique the preparation we had and of course the effort we put into it and most importantly the capital and skills needed to start our own food business.

[Rruchi man]

The most profitable businesses are businesses that center around the basic needs of Man which is the food, shelter and clothing.

1: selling of cold bottles or sachets of water:
2: mini grocery shop:
3: food business:

All the above can be classified under food.

Businesses centered on providing shelter will also do well because people always need a place to stay. If you have good contacts, real estate can be a very profitable business for you.

Also, because people do not only wear one cloth, if you sell good clothes, you will always be in business. 

The best businesses are those that focus on making little profit from very many customers so that when it is put together, profit becomes big or large profit from very few customers so that when it is put together, it is equally big as well.

[DrBeer]

....
All business can be profitable depending on the foundation of your business, and also the level of how committed you are to your business.
Before opening a business you'll do some marketing surveying first to know the basic needs and wants of the people in the particular environment you want to do the business. Taking for instance you can't go and sell dried fish in a primary school and expert your business to grow, because in that particular environment the kids in the school don't need them  at school, rather you can sell snacks for them, because definitely some will come to school with money for lunch during breake period.
So before doing business you have to have ideas and experiences about it to make sure that your business do not collapse or go bankruptcy.

Unfortunately, this assumption only works under ideal conditions. There are a lot of external and internal factors that can both give explosive growth to a business and stop it altogether.... And the last few years have shown that very well. I think that for the most part we are talking about small and private business, from which many people start their private activity. And it has many peculiarities - from the ability to offer a unique set of goods and services and competitive prices, to the availability of a sufficient target audience with the right level of income to ensure the viability of the business. You will always have expenses on one bowl and income on the other. And the problem is that incorrect business calculations can lead to the fact that you will have guaranteed expenses (rent, salaries, taxes, licenses, electricity, transportation,...) and NEGARANTEE income, or income not exceeding expenses. And if "yesterday" the business had a positive balance, tomorrow it can change its vector. At the same time, it should be remembered that the state helps CROWN business, but it does not care about small business.... Therefore, always calculate, forecast, and what is VERY IMPORTANT - determine the RISKS for business, and their probability. Then it will be easier for you to start and maintain your business.

PS Another interesting but not the easiest approach is to build a well-established business and sell it to competitors Sometimes it can be VERY profitable

[albon]

Of course, any business can be profitable, but the more experience you gain in the business and the more dependable you will be. To do business inside the country you have to follow many rules especially you have to conduct the business according to the rules given by the government of that country. Especially your analysis that in my country hot season you will get any kind of cold food.
Again during cold season you can buy hot food and all these businesses you can start with small capital.
We have no alternative to grocery stores to collect food to carry out our daily life, so these stores are always more popular and customers flock to these stores.
Food businesses are always more profitable, but fresh food should always be stocked to keep the store organized.