Contest: If I were a Business man?

in hive-109435 •  2 years ago 

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Which type of business you prefer if you were a businessman? Why?

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It's is everyone dream to own a successful business. It is a great for you to be your own boss, and control what comes in and out of your pocket. Before you think os starting a business you should have this few things in mind, the environment this is very important because the growth of your business is determined by the environment you are.


Your capital this is very important, before thinking of a business you need to plan the plan here is money, how much do you have. So if I were to be a business man I would prefer going into a palm oil business, because in my state Akwa Ibom state, palm oil is one of the most common business and we have much amount of palm trees? And oil happens to be one of the most consumable product world it's is used by everyone so it is a fast growing business.


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So because my family has a lot of lands containing of Palm trees so I feel it would be a nice idea to make use of it instead of letting it waste.


How much amount will you invest in that Business and where do you want to open that Business?

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Like I said earlier capital is very important in every business, so in palm oil business unlike other people I have a land filled with palm trees already so it won't take much of my money to start. The amount I would invest is should be around 100k naira this will cover all what is needed to ensure that the business comes out successful, the only thing needed in palm oil production is a lot of rubbers so I would ensure that my rubber and drums are intact before processing.


What steps will you make for the growth and development of your business?

This is very important. This are some few steps needed in my business planing.
Capital: before you even think of going into a business you must have something to start with, you need to consider your wallet "what will be your budget"


Location: This is what has really lead to a lot of failure in some business, I feel you have to check (scan) through for a better environment considering your type of business. Like my oil business I prefer an environment where I will not really have competitors around


Advert: Advertising your business is a great way to promote it, I feel technology has made this particular step alot easier you can just snap and write about your business then upload it on web, this will make the world have more idea about it and it.


What businesses do you recommend to those Steemians who are leaving the platform or had already left?

My Recommendation...
To all those Steemians that is thinking of leaving the platform or had already left, I prefer you go into trading type of business it requires less capital, this is one of the most successful business idea all it requires is your time so if it's taken as important I promise it gonna be your perfect investment done.

I would love to invite my friends to join this great contest @radleking @edidiong effiong

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Period24/04/23
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I will do just that..

Thanks for the invite and nice entry

Thanks