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Cryptmuster

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Quote from: Wakate on November 03, 2024, 03:45:59 AM

Going for personal business has been a good way to generate revenue which having to go search for job somewhere else where you could be paid peanut. Many of the billionaires we are hearing about are people who have established different businesses and also ready to invest in other sectors. Doing groundnut oil business could be profitable for you if you know where to get cheap groundnuts you can buy and others like soyabean that can be used to generate oil. I don't have any idea about this kind of business but I will always advise you to make sure you do a concrete research about any business you want to do so that you don't have lose money after you have invested your funds due to lack of knowledge and experience about this kind of business.

Almost any niche in food production has very high competition, and if it is just an ordinary product, then most likely it will simply get lost on the store shelf among many others (if it is still possible to break through to these shelves). Therefore, for a successful business, this product must stand out with something, for example, high environmental friendliness, some original taste qualities, or health benefits, but in fact, all this is very difficult and requires high marketing costs to become competitive these days. Business can give a good prospect compared to ordinary work, but it will require a lot of your time in return.

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Quote from: Oluwa-btc on October 20, 2024, 09:04:15 AM

Quote from: Su-asa on November 06, 2023, 06:30:16 AM

I would have posted this thread on my local board (Nigerian local board) but I didn't because both Nigerians and other countries can still benefit from this little business idea.
The kind of business I want to share is what is called graundnut oil making.

On point first of all I love the business idea it's superb, then the fact that aside your local board you want to share this information elsewhere so people can benefit from it it's another awesome job you've done and I see more profits in this you know.and definitely you'll make alot out of it, this days so many paying jobs can't give you the amounts you'll sure get from investing in such businesses and if you look at it now agricultural revolution pays more than anything else, if you imagine when you start exporting to other countries.

Going for personal business has been a good way to generate revenue which having to go search for job somewhere else where you could be paid peanut. Many of the billionaires we are hearing about are people who have established different businesses and also ready to invest in other sectors. Doing groundnut oil business could be profitable for you if you know where to get cheap groundnuts you can buy and others like soyabean that can be used to generate oil. I don't have any idea about this kind of business but I will always advise you to make sure you do a concrete research about any business you want to do so that you don't have lose money after you have invested your funds due to lack of knowledge and experience about this kind of business.

marco12

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Quote from: nathancole on October 18, 2024, 06:14:39 AM

Your new business idea sounds exciting! I love the creativity behind it. It helps you see where you are doing well and where to improve. When starting something new, it's essential to consider how you will keep track of everything, especially with annual reporting. Keeping it organized from the start can save you a lot of headaches later on. Plus, it will give you a clear picture of your progress. Have you thought about how you will handle that? Just imagine looking back at your first year and seeing how far you’ve come! I’m excited for you and can’t wait to hear more.

On a related note, I’ve also been exploring the idea of making some big moves, maybe even looking into property as an investment down the road. I came across this site for real estate in new zealand real estate that got me thinking. It’s a dream for now, but who knows? It’s exciting to consider how today’s small steps in managing things better could open up bigger possibilities in the future!

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Quote from: Su-asa on November 06, 2023, 06:30:16 AM

I would have posted this thread on my local board (Nigerian local board) but I didn't because both Nigerians and other countries can still benefit from this little business idea.
The kind of business I want to share is what is called graundnut oil making.

On point first of all I love the business idea it's superb, then the fact that aside your local board you want to share this information elsewhere so people can benefit from it it's another awesome job you've done and I see more profits in this you know.and definitely you'll make alot out of it, this days so many paying jobs can't give you the amounts you'll sure get from investing in such businesses and if you look at it now agricultural revolution pays more than anything else, if you imagine when you start exporting to other countries.

nathancole

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Your new business idea sounds exciting! I love the creativity behind it. It helps you see where you are doing well and where to improve. When starting something new, it's essential to consider how you will keep track of everything, especially with annual reporting. Keeping it organized from the start can save you a lot of headaches later on. Plus, it will give you a clear picture of your progress. Have you thought about how you will handle that? Just imagine looking back at your first year and seeing how far you’ve come! I’m excited for you and can’t wait to hear more.

wiss19

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Quote from: Lantind on February 12, 2024, 08:35:11 PM

Having an environmental location that is suitable for the business we are going to run will of course be able to make the business run well and this will enable us to easily develop the business we are going to run, because if we choose the wrong type of business we are going to run then It will be very difficult to be able to develop this business and we cannot run the existing business well and before we build this type of business we must have preparation and also have to see whether the business idea that we are going to run has potential in the environment where we are going to build the business that or not.

A person needs to do their homework before they start a business, it's not as easy as saying 1 2 3. The first thing is to have a proper business plan, have the budget ready, brainstorm everything, and plan your steps one by one, among one step should be to choose the best location based on your business. The location you choose must be a location where there isn't much competition and there is enough demand for the business you are going to start so that your business runs well and you don't have a lot of hurdles in its way.

When your business starts running very well and you see that the demand is increasing over time, you can go ahead and look for other locations where you can open more branches of your business.

Out of mind

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The business sector should never underestimate the fact that a business is a person's key. If such an oil business can be built, then it is definitely possible to earn a lot of money from it and move forward in the future. You must invest your money in the business that will benefit you in the future. If you don't invest somewhere you will never get profit and money from it so you need to be financially sound first then start business. Understand your financial position and find the business from where you can gradually move to a higher position. Start with a small business. Of course, just as your small investment can pay big money, a small business can turn into a big factory, so you should not give up but keep moving forward, you will surely succeed.

wiss19

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Quote from: erep on January 05, 2024, 03:59:43 PM

Every businessman starts his first career as a worker in a company or other business, they are not just looking for capital to launch a personal business in the future but they want to increase their knowledge for business management and make their business in the future better than the business they have previously worked in, they must set targets for starting a new career to launch a personal business and maybe the target of working for up to 5 years is enough to collect savings to create a new business.

Many successful businessmen followed this method to start their careers as workers and they have now become businessmen with millionaire assets which are divided into several companies, so there is nothing impossible to become a successful businessman in the future if you try hard with all your efforts to make your dreams come true.

That's the correct way to go about it for most people, especially for those who are not financially stable or have a good financial background which means that if they want to start their business, they will first need to work on building their capital that they will use to start the business and they will also need some experience that they will need to run the business, and to achieve that, they will need to work for other businesses first to earn some money and to gain some experience as well.

Once such a person has accumulated enough money and experience, they can go ahead and start their business, but it is better if they don't stop working just yet because they are not sure if their business is going to work or not, and once they see that their business is already earning them revenue, that's when they can stop working for other businesses and companies and have all their focus on their business.

Lantind

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Quote from: lepbagong on February 12, 2024, 01:41:46 AM

Quote from: huu78 on February 09, 2024, 12:25:18 PM

businesses also look at the place and what factors make the goods sell, so if you see someone's business is successful it means he has predicted what will sell there, for example people will not buy ice cream in snowy/cold weather.

Whatever business we are going to do, it will be adjusted to the situation and environment where we are going to do business, because the environment will always have the main influence on all elements of running the business. After that, it is clear what funds must be prepared.I agree. If you do business with basic necessities, there may not be a problem because it is a primary need, but if you trade in other things, then you have to adapt it to the environment to see if it is acceptable. If it is acceptable, then it will be successful.It is indeed not easy to carry out because all aspects must be considered carefully so as not to be disappointed.

Having an environmental location that is suitable for the business we are going to run will of course be able to make the business run well and this will enable us to easily develop the business we are going to run, because if we choose the wrong type of business we are going to run then It will be very difficult to be able to develop this business and we cannot run the existing business well and before we build this type of business we must have preparation and also have to see whether the business idea that we are going to run has potential in the environment where we are going to build the business that or not.

nara1892

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Quote from: lepbagong on February 12, 2024, 01:41:46 AM

Quote from: huu78 on February 09, 2024, 12:25:18 PM

businesses also look at the place and what factors make the goods sell, so if you see someone's business is successful it means he has predicted what will sell there, for example people will not buy ice cream in snowy/cold weather.

Whatever business we are going to do, it will be adjusted to the situation and environment where we are going to do business, because the environment will always have the main influence on all elements of running the business. After that, it is clear what funds must be prepared.I agree. If you do business with basic necessities, there may not be a problem because it is a primary need, but if you trade in other things, then you have to adapt it to the environment to see if it is acceptable. If it is acceptable, then it will be successful.It is indeed not easy to carry out because all aspects must be considered carefully so as not to be disappointed.

That makes sense, because there is indeed a match that must be considered, such as opening a food business that is better opened on the edge of the city street or on a road that is really an active road every day many people pass by, not opening a food business in the middle of a quiet place because it will not generate profits even those who will buy it may not exist. Just adjust if indeed the business that is owned or run requires a dirty kitchen then it doesn't matter if you open the dirty kitchen in a quiet place and there is a place that is owned in a strategic place for marketing.

With the current time in my opinion many people are competing to open a business, I am happy to see this because with this people become excited indeed with the fact that we have to survive, yes doing business that will generate profits is one way to survive because basic needs must of course be fulfilled. But before starting a business we must be able to pay attention to related aspects, including the knowledge and skills we have. We must have good knowledge and good skills also with the business being run because it can determine the business that will be run can run well or not.

lepbagong

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Quote from: huu78 on February 09, 2024, 12:25:18 PM

businesses also look at the place and what factors make the goods sell, so if you see someone's business is successful it means he has predicted what will sell there, for example people will not buy ice cream in snowy/cold weather.

Whatever business we are going to do, it will be adjusted to the situation and environment where we are going to do business, because the environment will always have the main influence on all elements of running the business. After that, it is clear what funds must be prepared.I agree. If you do business with basic necessities, there may not be a problem because it is a primary need, but if you trade in other things, then you have to adapt it to the environment to see if it is acceptable. If it is acceptable, then it will be successful.It is indeed not easy to carry out because all aspects must be considered carefully so as not to be disappointed.

AYOBA

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This is a nice business! You truly made an effort by telling others about this business so that anyone who might be interested might afford it. As you previously stated, you were meant to publish this business concept on a local board, but you want as many others to try the venture as possible so that they can gain from it as well. The groundnut oil industry is a wonderful venture that benefits all people, particularly the less educated. All they need to do is hunt for funding to get started, and since everything is handled gradually, they may even start with a little sum amount of money.

From there, it will begin to generate a small profit, which may drive him to develop a large firm where he may employ personnel. From there, he also assists those who have graduated but haven't found employment for a long.

smelody

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Quote from: Su-asa on November 06, 2023, 06:30:16 AM

I would have posted this thread on my local board (Nigerian local board) but I didn't because both Nigerians and other countries can still benefit from this little business idea.
The kind of business I want to share is what is called graundnut oil making. This business idea can help someone that doesn't even have a skill and someone that is not even educated, all the person just needs to have is the money to buy the manufacturing equipment that's all.
With this graundnut oil making business, one can get the kind of life he/she wanted because the demands in this graundnut oil making business are a bit high. One can even start with a little money. However, this business is also an investment. If one can dedicate more time to it, he/she can benefit from it (can make it a company).

this information shows how the demands of the graundnut oil is in my country today is.
You can also watch a little on how to manufacture the graundnut oil, I can even invest more if I have this business and start making more money, so what are your takes in this idea?

Any business idea is appriciated to everyone if have the significant.
As your Idea graundnut oil making business maybe carry your positive destination. Any business rise depend on place where you live how many people are there and how much demand. From the small situation create a large position for this need a proper planing.

So many people will be hate about idea but no need to look others and should be taken initiative action for business. We must remember that if you want to be big, be small.

The price of peanuts is expensive so this is quite confusing if there is no knowledge in manufacturing the materials in order to benefit. Regarding to your thinking have no any doubt.

sekalitas

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Quote from: Su-asa on November 06, 2023, 06:30:16 AM

I would have posted this thread on my local board (Nigerian local board) but I didn't because both Nigerians and other countries can still benefit from this little business idea.
The kind of business I want to share is what is called graundnut oil making. This business idea can help someone that doesn't even have a skill and someone that is not even educated, all the person just needs to have is the money to buy the manufacturing equipment that's all.
With this graundnut oil making business, one can get the kind of life he/she wanted because the demands in this graundnut oil making business are a bit high. One can even start with a little money. However, this business is also an investment. If one can dedicate more time to it, he/she can benefit from it (can make it a company).

this information shows how the demands of the graundnut oil is in my country today is.
You can also watch a little on how to manufacture the graundnut oil, I can even invest more if I have this business and start making more money, so what are your takes in this idea?

I appreciate your enthusiasm for the groundnut oil business idea, but I have some concerns. While I agree it could potentially help individuals with limited skills or education, I'm not sure it entirely eliminates the need for some resources and expertise. Remember, you mentioned needing money and equipment, which may require acquiring funding. Finding investors often involves strong communication skills, and market research demands a certain level of knowledge. Additionally, managing finances, sales, and other aspects of the business requires specific skillsets.

However, I agree that groundnut oil has potential. Since palm oil is more common in my country, thorough market research is crucial to understand its viability. Perhaps we can explore options that minimize initial investment and leverage existing skills while addressing the skill gaps through training or partnerships

edy_58

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Quote from: Kriptogram14 on February 09, 2024, 11:07:17 AM

I agree with your idea, because starting businesses have to think about financial management, both outgoing and incoming finances, because if management is not right then everything will be chaotic, the most important thing is management, how do we organize our finances, for new business people, learn from the results. At the very least, don't dream too much about earning lots and lots of money, the important thing is that the goods we have turn around quickly even though the profits are still small, over time we increase it little by little, don't be greedy for the profits of being a reliable businessman, because there are still many The obstacle for us as business people who are just starting out, is to study the market first and then play for a long time. The most important thing is that good management will make our business good and grow.

If someone wants to start a business, of course they have to have a good plan and also capital that they can use to build their business and they also have to be able to manage their finances while the business is running so that the business they have just built will not be able to run well. due to errors in financial management in their business.

Every new business we start, of course we have to be patient and have to go through every existing process so that the business we build can make a profit, because it is very unlikely that if we build a business we can make a profit quickly if we don't go through every existing process so that we become successful in the business that we build.

huu78

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Quote from: Zanab247 on January 06, 2024, 11:02:41 PM

I think the business will bring good profits at the end but to get all those equipment to manufacture the groundnut oil, it will be difficult to people like us because you have to demand for the equipment from other countries that are into those equipment manufacturing before they can bring them to your country to establish the groundnut oil company. And for you to fix those equipment you need to purchase a land that will allow you to map the equipment before you can start production and, land is very expensive in my country which will make me not to go into such business.

I came to discovered that many people prefer our local red oil than groundnut oil because they are use to local food in the society based on they are the ones that produced them and they know some of the things they used to manufacture them for consumption purpose.

businesses also look at the place and what factors make the goods sell, so if you see someone's business is successful it means he has predicted what will sell there, for example people will not buy ice cream in snowy/cold weather.

Kriptogram14

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Quote from: Aanuoluwatofunmi on November 06, 2023, 08:53:21 AM

Having a personal business to create a start up always have capital intensive because you will need money to make up every necessary set ups needed, that is why it is mostly advised that we should first learn to earn money enough before starting our own venture because of the capital demand, we also have to create a perfect work schedule as plan for how the work operations is going to be carried out, this will help towards archeiving a proper a proper business management.

I agree with your idea, because starting businesses have to think about financial management, both outgoing and incoming finances, because if management is not right then everything will be chaotic, the most important thing is management, how do we organize our finances, for new business people, learn from the results. At the very least, don't dream too much about earning lots and lots of money, the important thing is that the goods we have turn around quickly even though the profits are still small, over time we increase it little by little, don't be greedy for the profits of being a reliable businessman, because there are still many The obstacle for us as business people who are just starting out, is to study the market first and then play for a long time. The most important thing is that good management will make our business good and grow.

Zanab247

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I think the business will bring good profits at the end but to get all those equipment to manufacture the groundnut oil, it will be difficult to people like us because you have to demand for the equipment from other countries that are into those equipment manufacturing before they can bring them to your country to establish the groundnut oil company. And for you to fix those equipment you need to purchase a land that will allow you to map the equipment before you can start production and, land is very expensive in my country which will make me not to go into such business.

I came to discovered that many people prefer our local red oil than groundnut oil because they are use to local food in the society based on they are the ones that produced them and they know some of the things they used to manufacture them for consumption purpose.

pusaka

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Quote from: batang_bitcoin on January 05, 2024, 01:25:40 PM

Quote from: pusaka on January 05, 2024, 06:38:22 AM

When it comes to business, we have to thoroughly discuss all aspects related to business, from capital to the place that we will make as our business place, in any business. Capital is the first thing on our minds when talking about business, capital becomes the outline only and it will be more conical about what we have to think about running the business we plan. We cannot forget any of the factors related to the business that we will run, if we forget it then most likely our business will not run smoothly.
Sometimes we always forget things that we consider small and simple, even though it also affects and greatly determines the journey of our business.

That's why I admire those businessmen who have started with little to no capital. Some might ask if it's actually possible to start with zero as capital, I'd say yes that it's really possible but you have to start somewhere to make the business bloom and you're going to make efforts, and when we say efforts, not just efforts that you're going to do but a lot of things. The grit that these businessmen did before they're experiencing the success of their lives now have come from something and even to nothing.

It is posible to start a busines without capital, but it will require even more effort, because we are required to do something without spending capital.
Reselers may be one example of a business without capital, but usually it will be more difficult to get customers. The price we receive from sellers may be slightly cheaper than the market price, but if we sell the same as the market price the profit we get may not be much, we must be prepared to accept profits that are not in accordance with what we do. But if we sell more expensive than the market price, of course, buyers will prefer to buy directly from the seller.

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Quote from: erep on January 05, 2024, 03:59:43 PM

Quote from: batang_bitcoin on January 05, 2024, 01:25:40 PM

That's why I admire those businessmen who have started with little to no capital. Some might ask if it's actually possible to start with zero as capital, I'd say yes that it's really possible but you have to start somewhere to make the business bloom and you're going to make efforts, and when we say efforts, not just efforts that you're going to do but a lot of things. The grit that these businessmen did before they're experiencing the success of their lives now have come from something and even to nothing.

Every businessman starts his first career as a worker in a company or other business, they are not just looking for capital to launch a personal business in the future but they want to increase their knowledge for business management and make their business in the future better than the business they have previously worked in, they must set targets for starting a new career to launch a personal business and maybe the target of working for up to 5 years is enough to collect savings to create a new business.

Many successful businessmen followed this method to start their careers as workers and they have now become businessmen with millionaire assets which are divided into several companies, so there is nothing impossible to become a successful businessman in the future if you try hard with all your efforts to make your dreams come true.

Topic: New business idea. (Read 1705 times)