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It is a garbage in garbage out thing. When inflation occurs, everything rises including the cost of production of goods and services. The business has to respond by increasing the prices.
In having online or offline business, the enterpreneur should conduct a business feasibility study to attain its achievement of being a successful one. This is how he or she will determine if the business in mind is feasible or not.
I agree with you that Nigerians are resilient people who always survive despite the challenges they face. But survival is not enough, you deserve better living conditions and opportunities for growth.
It is true that survival is not just enough for a human. A human must strive to grow. We are still believing that our country would turn out good. Even this Paid to post jobs are now hard to do because of the epileptic power supply and the high cost of fuel.
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It is during times and situations like this that business people think out strategies to survive and still be in business. You could use CNG with a hybrid carburetor and use gas to run it.
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It has become a major challenge to run businessses now in my country. The cost of powering your business for an entire week is what you are using to run it in one day.
I do not generate a lot of affiliate sales but I make money from amazon affiliate marketing. I have used multiple affiliate marketing programs in the past but these days I only use amazon associate
Sure any film making require a huge capital to run it so short movies is no exemption.You need to get some tech media equipment to be able to get it right
Yesh a lot of people do not value life insurance most especially here in my region because we have a a funny belief about insurance in general it is really sad
Workers might acquire new knowledge and skills through training. The most effective instruction also helps students transfer their knowledge to the workplace, commonly known as learning transfer or just learning. How well learning and learning transfer are facilitated will give you a good idea of how effective your training is.
I believe that it's something important for companies to organise seminars for their workers to make sure that they are continually trained about their job to make sure that they are always on top of their game in order to satisfy their customers very well.
Personally I believe that advertisement on social media platform is the best way for you to go when it comes to promoting your business product and services because that is where people have more access to and make use of very often.
I have come to realize that it is only those that have the talent for business can actually do well with business. Do you think you can pull through with business if you start one?
I told myself a long time ago that there is no way I'm going to work for somebody for the rest of my life which is why I made so much effort to make sure that I have my own business right now.
Hello everyone! I want to know what you all think are some of the most corrupt businesses in the world. This could help people reading this thread too so please do share!
I actually see politics in my country as a business which is one of the most corrupt set of project in the history of my country as our politicians are the most evil and conniving human being in the world.
Burgers are one of our favorite and the present generation is so much into this that they like to eat these daily and even though they are world renowned food stores but still prefer to buy burger from Carts and this makes it a great business.
Selling of burgers is something that is appreciated more in restaurants in my country because most people that usually carry it about don't sell it very well.
I believe that nothing good comes easy when it comes to business growth which is why you have to be dedicated and committed to running your business on daily basis with adequate planning and financing and you will definitely see your business grow.
A lot of people and including businesses in Nigeria have already been frustrated by the lack of new currency for them to use to carry out their activities.
Akara is a local food in Nigeria made from beans, they usually sell it early in the morning and in the evening along the road. Another name for akara is also bean cake. Though people usually see selling or akara as a local business for poor people, but i have heard stories of people who have been able to train their children with the profits made from selling akara.
I believe that the English name that they call it is beans cake which is something that is very delicious whenever you are eating it with bread or taking it with pap.
A public limited company can be dissolve by a consensus by the shareholders. Most times, they use legal or litigation to disintegrate a PLC because there is a always room for disagreement and contention.
Personally I believe that this is one of the best ways to end such kind of business set up because whenever the whole shareholders are no longer interested in having the business being workable, then it is time to end the business.
This is why it is very important that when you are hiring staffs to work in any kind of business you are doing, you should make sure to know that they are the ones that are very familiar with your line of business activities.
Making people feel like they are a part of the team and rewarding hard work are important components of motivating people. They require help, not condemnation or abuse, if they are not performing at their best.
I'm going to narrow this down to my own personal feeling on the best way to motivate your workers which for me, is for you to always pay them their salary when they are supposed to be paid.
In most of the parts of the world people buy wool to prepare sweaters at home and it's a very popular business in India and you don't need to invest much to start it.
Personally I believe that this is the kind of business that is always lucrative for those that are into textile selling business which I see a lot of people making good money from it.
Macroeconomic trends can significantly impact the fashion industry, making it crucial for investors to consider them when making investment decisions. Factors such as interest rates, inflation, and global economic conditions can all have a significant impact on fashion investments. For instance, during a recession, people prefer to prioritize needs above luxury items, which lowers the market for high-end fashion items. On the other hand, a healthy economy may result in higher consumer spending and a rise in interest in high-end clothing. In order to make wise investment decisions, investors must stay current on macroeconomic changes and their possible effects on the fashion business.
Investing in luxury fashion real estate is a niche opportunity that offers potentially high returns. Owning a property that is tied to a luxury fashion brand can bring in a consistent stream of income, as well as provide a unique investment opportunity that is both tangible and prestigious. High-end boutiques, flagship stores, and showrooms are examples of properties that fall under the category of luxury fashion real estate. These buildings are frequently sited in popular commercial districts. These properties are in great demand since they are frequently leased to high-end fashion companies. For those seeking a safe, long-term investment that offers both monetary and personal benefits, investing in luxury fashion real estate can be a wise choice.
Investing in fashion through social responsibility and ethical practices has become an important consideration for many investors. Customers are expecting brands to use more ethical and sustainable fashion techniques, and this trend is predicted to continue. Investors can connect their portfolios with their values and have a beneficial impact on the industry by supporting businesses that place a high priority on social responsibility and ethical behavior.
Investors should search for businesses that value animal welfare, ethical sourcing and production, fair labor practices, and sustainability. Businesses that put these values first are more likely to draw in socially aware customers and gain a competitive edge over time. Investors may support progress and work toward a more sustainable future by funding socially conscious and ethical fashion brands.
Investing in fashion education and training programs can be a smart move for those interested in the fashion industry. These programs offer a range of benefits, including the opportunity to learn new skills, gain industry knowledge, and make valuable connections with industry professionals. A person's job prospects, creativity and design skills, and understanding of the fashion industry can all be improved by investing in fashion education and training. By developing new talent and stimulating innovation, investment in fashion education and training may also promote the expansion and development of the sector as a whole. For people who are interested in the industry, fashion education and training programs provide a worthwhile investment opportunity.
Investing in vintage and rare fashion items has become increasingly popular among fashion enthusiasts and investors alike. These items hold historical and cultural significance, and their rarity makes them highly sought after. Vintage and rare clothing items can increase in value over time, making them a potentially profitable purchase. A portfolio can be diversified in a special way by investing in these things. However, because there are so many fake items on the market, it is crucial to thoroughly investigate and authenticate the goods before making a purchase. In conclusion, purchasing vintage and unusual clothing might provide you the chance to combine your love of fashion with the possibility of financial benefit.
Mergers and acquisitions (M&A) are common in the fashion industry and can play a significant role in fashion investments. By combining two or more companies, M&A can create economies of scale, reduce costs, and increase market share. In the world of fashion, this frequently entails pairing well-known brands with related goods, visual styles, or customers. Furthermore, developing brands with significant development potential may be purchased through M&A. The success of an M&A, however, depends on a number of variables, including cultural fit, strategic alignment, and efficient integration. When contemplating M&A as a component of a fashion investment strategy, careful due diligence and analysis are necessary.
Demographic changes have a significant impact on fashion investments. As populations age, the demand for certain types of fashion changes, with older consumers typically favouring more classic and sophisticated styles. Younger generations, on the other hand, frequently set fashion trends that are more modern and cutting edge. In addition, the expansion of the middle class in developing countries like China and India has opened up new investment prospects in the fashion industry. Investors should be conscious of cultural variances as fashion grows more globally diversified and should customize their investments accordingly. Finally, shifting demographics have increased the demand for ethical and sustainable fashion, opening up potential for investment in brands that uphold social and environmental values.
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