Starting a Logistics Business - What are the Risks Involved?

[Niyi]

What are some of the risks that you have encountered when starting a logistics business? How did you manage to overcome them, and what advice would you give to someone who intends to start the business.

 

[Kane]

I have no experience with this business but based on the development of online and offline businesses that regularly need to move logistics, I believe there is a growing demand for logistics business and it is really profitable business venture. However, operational costs can be slightl be on a higher side.

 

[Good-Person]

I have no experience with this business but based on the development of online and offline businesses that regularly need to move logistics, I believe there is a growing demand for logistics business and it is really profitable business venture. However, operational costs can be slightl be on a higher side.

I have read somewhere that logistics business has a lot to do with transportation business. I think that this may involve any kind of transportation business, especially transporting goods and different kinds of products. This kind of business suffered a lot during the pandemic.