Make money from rental of music equipment.

[Iboro]

This is a very good business where you can make money from renting of musical equipment. The secret to starting and running thhsa business successfully is to go and learn how to maintain and build musical equipment

 

[Niyi]

Any business that has to do with rentals is a sure money spinner. And like the poster has already said, if a person is skilled in building and refurbishing musical equipment, then the business of renting musical equipment will be a very lucrative one for such person. B

 

[Salt]

I think this is a popular way to make money because not everyone can afford to buy these music equipment so best option is to rent and this way the seller can make more.

 

[Bisolami]

I think this is a popular way to make money because not everyone can afford to buy these music equipment so best option is to rent and this way the seller can make more.

I know some people who have a band but they rent equipments because they do not have enough money to buy equipment

 

[Salt]

Its a good business and many people have their stores nearby temple so they can easily find more customers and those that are interested in renting these

 

[Bisolami]

Its a good business and many people have their stores nearby temple so they can easily find more customers and those that are interested in renting these

They should just make sure that they are in a location that there are so many musical studios

 

[Inem]

There are lots of target customers for this kind of business. Churches and events people are just two of the examples.

 

[Bisolami]

There are lots of target customers for this kind of business. Churches and events people are just two of the examples.

You can also target entertainers
They make music and they are going to be needing musical instruments

 

[Salt]

They should just make sure that they are in a location that there are so many musical studios

They need to because if not then they need to spend more money on advertisement and promotion to make everyone aware of their store

 

[Bisolami]

They need to because if not then they need to spend more money on advertisement and promotion to make everyone aware of their store

It does not even make sense to have that kind of business around an area that does not have studios.

 

[Salt]

It will help if you have Music studios nearby but if not then also its not the end of the road and you can still sell online and you can add free delivery

 

[Inem]

They should just make sure that they are in a location that there are so many musical studios

How does music studio relate with musical equipment busines? Have you ever been to a music studio before? Do they use events kind of musical equipment in music studios?

 

[Salt]

I feel these days even the common public is interested in buying or renting these music equipments as they like to learn

 

[Inem]

I feel these days even the common public is interested in buying or renting these music equipments as they like to learn

Every business has a target market. How many times would the general public rent these equipment for you to prosper with this business? People who are the target market of this kind of business are religious institutions, events planners and centres, corporate bodies that want to do adverts, politicians for campaigns and so on.

 

[Salt]

Every business has a target market. How many times would the general public rent these equipment for you to prosper with this business? People who are the target market of this kind of business are religious institutions, events planners and centres, corporate bodies that want to do adverts, politicians for campaigns and so on.

What are you trying to say? Do you mean the common public does not buy any music equipment? Well this could be in Nigeria but not in India,

 

[Kubiatabasi]

This is a sure passive income source that can fetch someone lots of money almost on a weekly basis.