The Art of Low Cost Business

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Business is something that I am quite keen on doing in the Future but as of right now I am pressed for time with my Current Job which does not allow me to concentrate on anything other than my Job. But I have always hoped to have a Low-Cost Business that yields decent returns for me. Personally, I believe low-cost business forms are awesome in the ways that you can garner a lot of Profits provided you work diligently and have a clear view of what you want for your Business.

In the past, I have helped some relatives to make profits by simply opening a Food Stall Selling two snacks and a cup of Tea. The premise I laid before them was pretty easy and it said that you only need to earn what you need to buy your Groceries and Vegetables for the Next Day. This meant if their family was spending 200 INR for Fooding purposes then they needed to make a profit of 200 INR every single day, by doing this they were able to calculate what number of items they need to sell to gain the amount of Profit they need. This way they are now successfully running a Snack Counter Selling Snacks and making a daily profit of around 700 INR.

These are the types of Low-Cost Businesses that are very high in Profit Margins and very low in Cost and this is something that I am looking to do but in some other Genres. The reason I say that Low-Cost Business is an Art is that you have to consider a lot of factors and calculations to be properly able to operate a Business like that.

The reason I know about this is that I have seen a small food joint operating under a strict principle of only selling 300 plates per day and being wildly successful while at the same time a similar Food Joint struggling a lot even when they are selling over 600 plates. So yeah successfully maintaining a low-cost business is a definite Art.