Which business is Lucrative in 2024.

[usmannaalha]

2024 will be the year for online businesses, especially e-commerce and digital services. With more people shopping online and seeking services from home, there’s much potential.Niche markets like eco-friendly products or subscription boxes are also really taking off. People love the convenience and unique finds! Plus, tech services like web development and digital marketing are super in demand since every business now needs an online presence.If you’re looking for inspiration, check out this ultimate guide to business model [nofollow] . It gives many ideas and insights that could help you figure out what might work for you.

[Agbe]

let us have a discussion on the best businesses that we think will do well around us considering our location in this year 2024.

In my own place of origin, I consider agriculture a very lucrative form of business that people could venture into right now as the interest in that sector is reducing, and food supply is threatened.

There is availability of land for agriculture but I don't think that the space for agriculture is a problem anymore with different mechanized methods of agriculture that make use of a small space to produce massive yields.

Which business do you consider to be lucrative around you?

In where I am if there's any business that someone wants to into should be real estate because the problem of housing is one that has not been solved so estate investors should acquire land's and build properties and auction these properties at a higher rate, because housing is something we can't do away with it is one of the essential nerds that man needs
So in this 2024 people who are looking for sectors to invest in should look at the side of real estate Management as it has allot of potential in it

[albon]

Agriculture is a profitable business in my country at the moment and besides that the fish farming business is becoming very profitable. However, in these current businesses a lot of expenditure is required to produce yield. As we are here already there is a land crisis as land is being filled for many people's homes and factories. Again the prices of all the implements for farming have increased continuously and the prices of medicines are also increasing. I am involved in agriculture myself so i can say from experience that every year there are new insect attacks. Where we are spending a lot money but our profit potential is less than that. If this problem continues then many people will leave the agricultural business in the future.

[joniboini]

I am involved in agriculture myself so i can say from experience that every year there are new insect attacks. Where we are spending a lot money but our profit potential is less than that. If this problem continues then many people will leave the agricultural business in the future.

My brother faces the same issue. He tried to grow fruits and sell them a few months ago but most of them failed to grow properly. I don't know if the temperature or the land is not suitable for that. It feels a bit weird because there doesn't seem to be any problem if we plant other stuff such as rice, cassava, etc. He's trying to fix that for now but the capital spent so far is not small. It's a huge challenge to figure this out, hopefully, he has the patience for that.

I think it's still worth trying to make an agriculture business. Considering how many people are moving away to digital when companies are pushing AI so hard, agriculture is probably a good alternative since there's no way they will replace it in the foreseeable future. CMIIW.

[Didia Sofunichi]

I might not mention a specific business but I think businesses that people can do remotely is the best kind and form of business I can advise and recommend.

Considering the high rate of rent, cost of petrol, absence of electricity and Hike in transportion.

I will advise people with small capital to think of businesses they can engage in form the comfort of their homes.

[Chilwell]

Farming can be a lucrative business due to the increasing demand for food and potential shortages. Selling food products after harvesting can generate significant profits,but it require a huge capital to start up.

As 2024 comes to a close, it's essential to think about lucrative opportunities for 2025. Starting to plan now will help you meet your financial needs by December 2025, if all goes well and God spare your life.

Various businesses can be lucrative and profitable, but their success depends on the individual handling them. The growth, development, and profitability of a business rely on the person's skills, dedication, and decision-making.

[rachael9385]

Actually my reply is coming late and it's already the last day of the year so I will go with the result of the one that I think was the best in my area.
There where many businesses established in my area despite the hard Economy, the best for me I think is point of sale (POS) it was very common everywhere you go and the fact is that there must be customers so people used this business to overcome the hard Economy in their own way.

[JoyMarsha]

In any lucrative business, someone would think about, the location, and capital. That plays a major role for one success in business.

In my own environment, a consider having a male and female boutique because  that's in high demand in my place. People can't stay totally without putting on wears. Someone must put on clothes to cover their nakedness.

Clothes, pharmacy and selling of foodstuffs are major business that it demands can't be less because humans needs it as a must in their lives

[Forsyth Jones]

In any lucrative business, someone would think about, the location, and capital. That plays a major role for one success in business.

In my own environment, a consider having a male and female boutique because  that's in high demand in my place. People can't stay totally without putting on wears. Someone must put on clothes to cover their nakedness.

Clothes, pharmacy and selling of foodstuffs are major business that it demands can't be less because humans needs it as a must in their lives

You make a great point. Besades, people can't go without food, since we burn energy constantly, we need to replenish our energy through food. That's why fast food and any food products will stand out everywhere.

Most people don't have time or don't know how to cook at home, due to responsibilities such as work, studies, taking care of children, etc. So the only viable alternative would be to eat out or order delivery.

If I were to have a business, I would prefer to have one that is online, like an online store (e-commerce), selling products on a marketplace, especially focused on the electronics niche, PC accessories, mobile phones, etc.

[joniboini]

If I were to have a business, I would prefer to have one that is online, like an online store (e-commerce), selling products on a marketplace, especially focused on the electronics niche, PC accessories, mobile phones, etc.

I believe most people notice that, too. One of my friend started a clothing business from their home. They decided to sell most of them online, while another friend of mind started a food business, but he accepts orders from mobile apps like Uber. If anything, I find businesses that operate strictly based on their location rare unless we're talking about remote areas. Btw, I think gaining access to capital to start an electronic business is quite difficult. So while PC stuffs have a good margin of profits you need to spend a lot to get your business going. CMIIW.

[SamReomo]

Which business do you consider to be lucrative around you?

Mobile phone business is quite lucrative around here and other then it one can also make enormous amount of money with food items or with a hotel but that does cost a lot to start however the margin of profit is quite high in those two businesses.

[bitterguy28]

Which business do you consider to be lucrative around you?

Mobile phone business is quite lucrative around here

what do you mean mobile phone business? that is too general and broad lol are you to resell mobile phones? or do you want to create mobile applications?

one can also make enormous amount of money with food items or with a hotel but that does cost a lot to start however the margin of profit is quite high in those two businesses.

food items can be started with only few amount of money but the food business has become too saturated there are too many food businesses out there that you need to be incredibly unique to stand out and be successful

[Royal Cap]

In my opinion, the e-commerce business is currently doing well. If you can offer your customers an organic product that is 100% organic, they will definitely buy it. In my opinion, this business is currently profitable, especially those who do this kind of business on Facebook. A few days ago, I saw that they spend 100k dollars a month on Facebook to promote their ads. So, you can understand how big and profitable this business is if you can do it once.

[Joeboy]

  :-[d 

let us have a discussion on the best businesses that we think will do well around us considering our location in this year 2024.

In my own place of origin, I consider agriculture a very lucrative form of business that people could venture into right now as the interest in that sector is reducing, and food supply is threatened.

There is availability of land for agriculture but I don't think that the space for agriculture is a problem anymore with different mechanized methods of agriculture that make use of a small space to produce massive yields.

Which business do you consider to be lucrative around you?

Food is something that most people cannot do without, so selling of food both the cooked and raw grains is quite lucrative, have read the profiles of people who used selling of raw grains like rice, beans, etc, to feed and take good care of their family, some even bought land from the sales of this items.
Another lucrative business is the sales of phone and phone accessories, I had the opportunity of selling phone accessories and I could confidently beat my chest and tell you that it is a gold mine, if you know what you are doing and you got the right location, and people to patronize you, then you are surely made

[bisdak40]

:-[d 

let us have a discussion on the best businesses that we think will do well around us considering our location in this year 2024.

In my own place of origin, I consider agriculture a very lucrative form of business that people could venture into right now as the interest in that sector is reducing, and food supply is threatened.

There is availability of land for agriculture but I don't think that the space for agriculture is a problem anymore with different mechanized methods of agriculture that make use of a small space to produce massive yields.

Which business do you consider to be lucrative around you?

Food is something that most people cannot do without, so selling of food both the cooked and raw grains is quite lucrative, have read the profiles of people who used selling of raw grains like rice, beans, etc, to feed and take good care of their family, some even bought land from the sales of this items.
Another lucrative business is the sales of phone and phone accessories, I had the opportunity of selling phone accessories and I could confidently beat my chest and tell you that it is a gold mine, if you know what you are doing and you got the right location, and people to patronize you, then you are surely made

Food business is always a good choice since people eat daily. Selling grains or cooked food can be very profitable. Phone accessories also sell well because almost everyone has a phone. If you pick a good location, you can make good money.