How can you tell if an online business is profitable and a good investment?

[Amanda_5]

You can only determine that when there ar more than more people on your platform and making profit from that platform. Like Bizdustry, I have seen people making profit from it so it is a good investment

 

[ganibade]

How can you tell if an online business is profitable and a good investment?

Online business is very lucrative because any online business someone is doing to improve daily income and satisfied financial problem can be recognized as lucrative business.

 

[Genie011]

The truth is, there are alot of scammers parading themselves as legitimate investment platforms but they are not.
You would need to verify there consistency before thinking of investing.

 

[Agbalagbaa]

The difference is very clear, to know whether a specific business is profitable or not I think, one has to know the amount of money he or she makes on a daily basis.

That's true,the amount of money you are earning on a daily basis is very important, a lot of people don't really this, it will help you to know if you are profiting or not.

 

[Eleanor]

You can tell if your online business is profitable if you have an aim or a goal that you want to achieve . If by the end of the money you are able to achieve this goal then it means your business is profitable

 

[Chibson]

You can only determine that when there ar more than more people on your platform and making profit from that platform. Like Bizdustry, I have seen people making profit from it so it is a good investment

Well, bizdustry is not an investment platform but it is a paid to post forum. there is a clear difference between paid to post forums and Investment platforms on the internet.

 

[Imran_Noori]

How can you tell if an online business is profitable and a good investment?

Before investing in a business or an investment you need to do some researches about it, like: it's fundamentals, the team working behind it and other factors.

 

[Sotherefore]

To my understanding the simplest way of knowing a profitable business is to avoid being greedy. Just look for any online business that you really have to work to achieve every penny you will make..

 

[Shigobad20201]

I guess you can't really know at first if an online business and investment is really lucrative or scam , but through proper research making , you will be able to know the authenticity of the business .

 

[Sincerem]

I guess you can't really know at first if an online business and investment is really lucrative or scam , but through proper research making , you will be able to know the authenticity of the business .

Sometimes you may not really have to put all these things into consideration, for me as long as the online business has a potential of giving me reasonable money in an honest way then I have to go for it. .

 

[Chibson]

Before investing in a business or an investment you need to do some researches about it, like: it's fundamentals, the team working behind it and other factors.

it is very important to make research for any investment you want to make online. But you need to be very careful about Ponzi schemes because a lot of people can use it to give fake reviews and you think it is legitimate.

 

[Setho]

If people are in demand of it then you might actually want to believe that it is a good business. Another parameter that you might want to check is how people are talking about it on social media.

 

[Treborika]

You can determine that your online business is doing great by using the appropriate analytical tools available in Google. Alternatively you can check the revenue that your online business earns after deducting the operational costs.

 

[Grant]

It's not always easy to tell if a business is profiting or not, at least sometimes. If you can find out how well they are doing sales wise (if selling stuff) or how many customers they have, is a good indication of how good they might be.

Businesses hat succeed will make it known. Ones that are not succeeding, will not make it known. At least from my experiences.

 

[Chibson]

If people are in demand of it then you might actually want to believe that it is a good business. Another parameter that you might want to check is how people are talking about it on social media.

Social media is a good parameter actually to check if a particular business will be profitable whether online or offline. You can join several groups like Facebook groups.

 

[Shigobad20201]

Before investing in any online business , I normally use to make the neccesary research to know about the authenticity and how lucrative the business might be before investing .

 

[Skysaint]

We know that a business niche is profitable and lucrative because of what we have heard and witnessed about it. There should be people to testify that the business have made them financially free and in most cases wealthy.

 

[Chibson]

Before investing in any online business , I normally use to make the neccesary research to know about the authenticity and how lucrative the business might be before investing .

Investment online is generally very risky and if you're not careful you will get scammed. So many of them look legitimate but at the end of the day they will end up scamming people. There was a platform that deceived many people that they specialise in arbitrage cryptocurrency trading, but after some months they ran away with a lot of people's money.

 

[Syldan]

Actually people don't tend to believe about online business most especially when they haven't seen you progressing or even see someone. the only way to prove them is to engage someone without your own resources.

 

[Genie011]

I usually don't do online investments because they are mostly fraudulent in nature and there are alot of ponzi scheme out there. If I would do that I would check their reviews on YouTube and play store.