Week-6 || Share a small business idea for new entrepreneurs.

in hive-117276 •  2 months ago 

Good day everyone, I'm @godswillpeter it's my pleasure to participate in this community contest titled, which is going to be helpful for new entrepreneur who are to start a little and profitable business. Thanks to @hive-117276 for organizing the contest.

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Pixabay

✅ Share a small, stress-free and profitable business idea for new entrepreneurs.

Let me share a small idea of business that can bring daily profit to business entrepreneurs.

Let take in the case of POS service which consist of money transaction, airtime selling, data selling, paying of bills, etc.

This business doesn't need much stress, doesn't need much work, it doesn't need much effort, doesn't even need much equipment, only to get the machine or you can use your mobile phone to start the business.

It doesn't even need a well furniture building or well constructed house, so without renting an apartment for it you can still start at any point.

Let take in the case of this woman here, she doesn't even need a building, she just sit under the tree there and she is making her profit daily.

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This woman here doesn't even have a particular building to stay but she is still making her profit, she just sit under the tree.

This business is what many people are going into this time around, and is very easy, without stress, even as a novice you can still get to know about it within 2 minutes of learning it.

✅ Which location would suit them best for the business and how much money can they start with?

The location that can suit this business so called POS business, varies to different locations, any location that is busy, people are around, even rural area it still works.

Because everyone needs to buy airtime so they can call their love ones, everyone needs to buy data for their smartphone, everyone need to pay their bills, everyone needs to make transaction either withdrawal of money for their daily purchase or transferring.

So any location at all will work for this business, even at your front house.

✅ What are the possible benefits and disadvantages of this business?

There are different benefits of this business, and also there are disadvantages of this business.

The benefits of this business is the income that comes in daily, the stress-free, no much effort, no need of paying anyone to do the business for you, no need of qualifications, no need of having so much equipment before starting etc.

Also the disadvantages that follows in this business is the capital, the capital to start the business is sometimes huge amount of money which many people don't always have.

Another disadvantages of this business is the risk of transferring money and also the withdrawal of money, without being careful you can mistakenly transfer more than the amount that is supposed to be transferred and without any responsibility care you loose the money.

Another disadvantages of this business is environmental effects, in an area where is not safe, bad boys can just come and rub you because they know POS operators are always with much money.

✅ If you have already seen this business, share it with a picture of what it might look like.

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This is an image of how it looks like.

I invite @samuelnkenta @wealth2 @jozzie90

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