Which business is very profitable?

[D F]

It depends on the market that you are, you should see the reality of where you live and plan a business for it.

In the end is all about your motivation and a little bit of course luck

[Agbe]

Snip

Food business is the best business to get involved in as everyone needs food to eat before doing anything, food is a necessity something we can't do with out so any one thinking of setting up a business that can bring in steady income then food is the right business. No matter the high cost of living in any society that you finds your self you have to eat before you can think of making it in life. Food business is one that people need to invest in as it gives return on investment because food is something everyone needs for their survival

[0t3p0t]

Snip

Food business is the best business to get involved in as everyone needs food to eat before doing anything, food is a necessity something we can't do with out so any one thinking of setting up a business that can bring in steady income then food is the right business. No matter the high cost of living in any society that you finds your self you have to eat before you can think of making it in life. Food business is one that people need to invest in as it gives return on investment because food is something everyone needs for their survival

From my previous replies about food as the best and profitable business it is still kicking as of this post here in my place food stalls are increasing which is a good sign that it is unbeatable business anywhere in the world no doubt about that.

[Hatchy]

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

With the invent of the Internet, most profitable way to make money or run a business has been made even easier and more affordable.. this is because you don't get to rent a space or pay some monthly tax as all you have to do is to grow your audience.. the Internet to me is one of the most profitable means to make money right now all over the world. Though we know some people might find it difficult to grow their business online as they can also try to involve some third party promotions to help them promote their services online.

[Dr.Bitcoin_Strange]

Food business is the best business to get involved in as everyone needs food to eat before doing anything, food is a necessity something we can't do with out so any one thinking of setting up a business that can bring in steady income then food is the right business. No matter the high cost of living in any society that you finds your self you have to eat before you can think of making it in life. Food business is one that people need to invest in as it gives return on investment because food is something everyone needs for their survival

Mobility is also just as important as food too, people need to move from one place to another to get things done, everyone makes use of transportation everyday, so also investing in transportation can also be very profitable too. Transportation is also a necessity for everyone, rich, poor, middle class, everyone.

The first thing to consider when choosing a business or something to invest in, is choosing the right location, finding out a potential problem in that location and think of a possible solution to that problem. If you can discover a problem everyone in that location is suffering from and then a solution, you’ll definitely make unimaginable profits.

[rachael9385]

All businesses are profitable it just depends on your mastermind and effort, it requires your commitment and strategy there are many more to guarantee you a successful business yes. No business is hard, there is a business I labeled so hard and swore to myself that it would be the last thing I would do, but a friend of mine was doing it and making money, then I had to ask her how she does it, she was flowing in her mastermind explanation and smiling to it but at the end I didn't understand anything but that is something she understood very well and she is earning from it. Mastermind matters alot sometimes that maybe your field most business merchants that fail is as a result of no playing in their field.

[bitterguy28]

The first thing to consider when choosing a business or something to invest in, is choosing the right location, finding out a potential problem in that location and think of a possible solution to that problem. If you can discover a problem everyone in that location is suffering from and then a solution, you’ll definitely make unimaginable profits.

there has been a shift with the business sector i think especially after the pandemic where physical stores did not matter as much anymore because we can always buy through online and get it delivered no matter what that is

if you can earn money from not having a physical store then that can be a huge advantage to you because choosing a location will be a headache and it is very expensive and time consuming

[_act_]

Any business can be a profitable one inasmuch as we know how to go about it making it a profitable one, so many entrepreneurs couldn't take time in identifying why some other businesses are making it while some are suffering the cost, when we are not doing the right thing, we may not see the right outcome as we wanted, but things will always fall in hand as planned when we make use of the right approach in doing a business.

[Dr.Bitcoin_Strange]

there has been a shift with the business sector i think especially after the pandemic where physical stores did not matter as much anymore because we can always buy through online and get it delivered no matter what that is

if you can earn money from not having a physical store then that can be a huge advantage to you because choosing a location will be a headache and it is very expensive and time consuming

Well you're correct but only to an extent.
You need to remember that most people, especially in the third world countries, most people are still not that conversant with the internet, well except of course your product or service would be mostly targeted on the online communities and internet users, else it'll be difficult to really reach out to those who really desire those services or goods

In some cases, even those who have access to the internet and are actually conversant with it would rather prefer to go to a live location to sort of their needs rather than online for some reasons, some due to how long it'd take to get their goods delivered to them, some due to the shipping fees, some due to lack of trust on the authenticity of the product and many more reasons.

There are services and goods that are befitting the online market as you've said and there are those that you'll need a physical location before you can make sales and succeed in that business.

[Chilwell]

The profitability of a business depends on efforts, hard work, dedication, selflessness, and a well-planned strategy. While all businesses present unique challenges, they are easy do but success ultimately depends on how effectively you manage and adapt to them.

My fellow forum members have shared numerous profitable business ideas, and honestly, I believe that those ideas will be very helpful to many of us. There are several small-scale businesses that we can engage in, and they can be profitable if we approach them strategically. We don't need to wait until we have a substantial amount of money to start a business.

Instead, We can utilize or use the little income that we made to establish a small business, and it will generate significant profits if it's  well managed. This can eventually enable us to expand our business.

[Agbe]

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.

Good business is still one of the most profitable business till now as it is one of the basic necessities in life so it's a most that people have to eat everyday so people buy food everyday, people thinking of going into investment should consider food business as it will give them value for their money as it is one business that don't even need too much big capital to start with. Food business is one business that people should invest into because it has allot of customers base because people has to eat and that means every blessed day you will have customers that will patronize you

[Dr.Bitcoin_Strange]

Good business is still one of the most profitable business till now as it is one of the basic necessities in life so it's a most that people have to eat everyday so people buy food everyday, people thinking of going into investment should consider food business as it will give them value for their money as it is one business that don't even need too much big capital to start with. Food business is one business that people should invest into because it has allot of customers base because people has to eat and that means every blessed day you will have customers that will patronize you

That’s very true.
Alternatively, another business that also has the potential to substitute food business is the transportation business too. You know people move around everyday as mobility is one of another human necessities, from going to work, to going to the market, to school, to visit people and other places, people needs to be conveyed from their current location to another location, so investing in the transportation sector is also another lucrative way one can make daily profits too.

The secret of choosing a good business is the ability of one to identify a general problem that people encounter everyday and provide a possible solution to those problems, and people will always come to patronize you.

[bitterguy28]

Good business is still one of the most profitable business till now as it is one of the basic necessities in life so it's a most that people have to eat everyday so people buy food everyday, people thinking of going into investment should consider food business as it will give them value for their money as it is one business that don't even need too much big capital to start with. Food business is one business that people should invest into because it has allot of customers base because people has to eat and that means every blessed day you will have customers that will patronize you

it has a lot of customers but it depends on what specifically food business you will be going into will you be making your own restaurant? or will you go into franchising? will you build a supermarket? i do think these things need money some more than the other but some definitely need more maintenance than others like building your own restaurant is a lot more about knowing the food you want to serve and not just being able to make a business

[Aanuoluwatofunmi]

Maybe its even about what type of idea do we have in mind that could be a profitable one, or maybe we should once again sit down to think about it, if what we are doing is really worth taking our time by being profitable or not, we can choose to do anything, bit the most important aspect of it is how we are able to relate and understand the reason and benefits to why we are doing that.

[MUGNIA]

Snip

Food business is the best business to get involved in as everyone needs food to eat before doing anything, food is a necessity something we can't do with out so any one thinking of setting up a business that can bring in steady income then food is the right business. No matter the high cost of living in any society that you finds your self you have to eat before you can think of making it in life. Food business is one that people need to invest in as it gives return on investment because food is something everyone needs for their survival

From my previous replies about food as the best and profitable business it is still kicking as of this post here in my place food stalls are increasing which is a good sign that it is unbeatable business anywhere in the world no doubt about that.

because in reality there are always new flavors offered by chefs in restaurants and even roadside cafes, the food business is a business that is never quiet, especially now that everything is online, women are selling their dishes through social media which is currently booming