Hello steemian,
How are you all? I hope everyone is well. Alhamdulillah I am fine as well. Today I will tell you about a small business. I hope everyone like this business idea.The potato business in front of my college in Fulbari is now becoming a profitable profession. Thousands of students, teachers and pedestrians pass through this area every day, due to which the number of consumers here is very high. Many times, my friends and I think about the market and this shop.
In a location where demand is high, the business of daily necessities like potatoes is booming. Traders can make a profit of about 300 taka by selling potatoes worth 1000 taka every day. This is a profit rate of about 30%, which is very promising from the perspective of small businesses. In addition to making a lot of money, it has also gained a lot of popularity.
There are several reasons behind this profit. First, the profit is higher by collecting potatoes at wholesale prices and selling them at retail prices. Second, transportation costs are relatively low because it is next to the college and the market. Third, since the number of new entrepreneurs in the area is low, competition is low, so indiscriminate sales are possible. In addition, selling good quality potatoes and in the right quantities increases the confidence of buyers, which ensures the longevity of the business.
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This example proves that even starting a small-scale potato business in front of Fulbari College with little capital can be profitable. This can be a great way to earn money for young entrepreneurs. Here, a potato is bought for 5 taka and sold for 20 taka, and sauce is served on the side. Those who want to start a small-scale business, I think, should start this business in front of the college. It costs less money and earns more. With this money, you can easily continue your studies.
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