Motorcycle business (Bodaboda business)

[Chibson]

In my area with large population, this business is booming. If you have money, you can buy a motorcycle and put it into use, by giving it to someone on hire purchase. I think you may be getting a very good return on weekly basis. Before you venture into this business, make sure you live in a populated area.

 

[Frank]

Most young people have currently ventured in motorcycle business as a means of transport, ferrying people and items from one point to another. Do you think this kind of business has solved the unemployment rate in the developing world?

I don't think this is the solution to the unemployment rate that we have in Nigeria, for instance. How many people will this bike business feed on a daily basis. Government should create sustainable development and employment opportunities for the youths that can help them build a family.

 

[Shahzad Ahmad]

A man can just live not earn profit by this transport business of motorcycle mean that you can survive and not earn much that should be saving for future. You can done it for your day not for better life. So you should work part time with motorcycle and original business should be other high ranking In this modern age.

 

[Ibrahim1]

Motorcycle business is really profitable because it's a business that's very cool and it's fine just that's when the dealer whom they give the motorcycle is faithful then there's no problem for the person driving it but when he's not faithful then they collect back the motorcycle back from him and never give back the money he has been paying from day one
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Motorcycle business is really profitable because it's a business that's very cool and it's fine just that's when the dealer whom they give the motorcycle is faithful then there's no problem for the person driving it but when he's not faithful then they collect back the motorcycle back from him and never give back the money he has been paying from day one

 

[Highflyer]

As someone said above, motorcycle business is mainly for survival, some graduates in Nigeria today venture into riding motorcycle due to frustration and because they can't secure good jobs. It has in no way solved the unemployment rate in the country as many graduates still roam the streets in search of jobs.

 

[Godleads1]

To those buying the motorcycle and giving it to the riders, it is a business but this is just reducing the unemployment by little. There is much to the satisfaction that has to do with employment.

 

[ranaabubakar263]

Any one can start motorcycle business by following these steps.

1. First build a prototype of the motorcycle in your garage.
2. Later have a road test done.
3. If the motorcycle prototype if functional and has been certfied by an automobile engineer as road Worthy then get it's parent registered.
4. Later you can get bank loan and start your own manufacturing company.

 

[sam386150]

Motorcycle business in my country especially in my foreign environment is very very profitable, despite that motorcycle in my place are still paying tax to the government but the benefit are still enormous.

 

[Diamond07]

The motorcycle business has helped solve issues of unemployment in my country. Bother young and old are going into the business on a daily. One just need to be careful as much risks come along with the business