Melanie Marie
Legendary member
What is the most risky business you know. In my country, there are POS agents who work where there are no banks. Their business involves helping people to deposit and withdraw money from their bank just like ATM. O think it's the most risky business, Because you become a target to kidnappers who believe you always have money.
Which other risky business do you know?
I'm thinking a small business, like opening a shop, bakery, supply store, etc. Especially when you invest almost everything you have, it will either sink or float. You are relying on your profits to keep the business going, but at the same time, you need to worry about making a profit. If your items aren't selling well, or it could even be something as simple as location.. say you open a taco place and there happens to be a Taco Bell right around the corner. Taco Bell is well-known, you would then have to compete with the prices and hope you still come out with more money than you're putting in. Also, more advertising to get customers.What is the most risky business you know. In my country, there are POS agents who work where there are no banks. Their business involves helping people to deposit and withdraw money from their bank just like ATM. O think it's the most risky business, Because you become a target to kidnappers who believe you always have money.
Which other risky business do you know?
Small business is very risky, but if your product is better than the norm and word gets out, then you have a chance. This gets even riskier when you go in on it alone, without a partner or partners.