Investing in transportation

[eldavis]

I believe transportation would be a very lucrative investment, due to the fact that it is something we cannot really do without. On a daily basis we transport goods and even humans from one place to another for various reasons. Over here there is something most people usually do, they would buy a bike or tricycle commonly known as keke then give it out to a rider who would be working under them until the rider finally has enough money to buy the bike or keke to make it their own. Is this investment lucrative?

 

[Stardom22]

I think this is one of the best profit guaranteed businesses out there. Therefore investing in the business seems very profitable and lucrative. However the most downside part for it is that it requires a large amount of capital to start.

 

[cherry123]

in my location, this is one of the best profit making business. People always need to move about and around out there. So investing in the business will be both profitable and lucrative.

 

[Springtime]

This is a profitable business in my location too. There are young people who bought a truck and offer transportation and delivery services. They can transport a few household items, offer home removal service or provide delivery service for sellers.

 

[Stardom22]

For me this is something that I am very sure, investing in the transportation industry in my country is very profitable. This is because most people are the middle income earners and they rely solely on the public transportation.

 

[Golden9]

Transportation, as a business here in Nigeria can be lucrative, or it can cripple you. Most times, it's the management strategy that is more important than the amount of money you put in.

 

[Rubz]

Well i do not know if the particular type of investment you mentioned is lucrative but investing in transportation generally is lucrative. Like you said, we need to transport either ourselves or goods on a daily basis.

 

[Bisolami]

in my location, this is one of the best profit making business. People always need to move about and around out there. So investing in the business will be both profitable and lucrative.

That is right. There are even some people that will buy buses or bikes for people to use and those people will be paying some amount of money at the agreed time. It is just like renting them out

 

[Authenticity101]

The transportation business is very lucrative. This is because there is always a ready market with so many people moving around. You can make a big business out of it by always adding up transportation vehicles to the market.