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[Deyiang]

A library is a place that people go and read or carry out research works.

We have a building in a very good and serene environment and I was thinking of setting up a public library.

Though the idea may not be just having a physical books in the shelves but with internet facilities that can help people to carry out research works.

Though the plan is to charge people some money. It could be monthly or weekly it all depends.

Another factor is that, do people really love to read?
Will there be patronage from people?

 

[Wisdom01]

Setting a public library is actually profitable , I think there are some people that actually check on the library to actually read novels and others , I think thereafter it should actually he considered

 

[arunima25]

Recently I came across a news that was very interesting..Few Indian youths in one state of India found a very unique way to make children develop the interest for reading. They made a mobile library on the back of horse. The database of books are available online and parents and children can see and order the borrowing. The books are delivered on the back of the horse. Even horse riding is provided to children at affordable prices. On weekends, they take the horses with books on back to a neighborhood and let children come and check the books and borrow. Their innovation is unique and has clicked well with the local neighborhood

 

[Wisdom01]

I believe setting a public library is still profitable , some are into the business and they are making a lot of money even more , so I believe there's is no problem setting a public library many do this for reason

 

[IB DD]

There is a public library in my town, it remains desolate most of the time and sometimes seems like a haunted house at night. I haven't ventured inside ever since I stopped reading hardcover books for a long time. If I really like any book too much, I buy it online instead, and I am quite sure I would not get any of those latest titles in that library.
So I would not recommend this business

The government of my country built one magnificent structure in the name of a public e library. It has been turned to an event center now because there was no interest from the citizenry even when the access cost was very cheap.

 

[Japhnet]

While public libraries are not generally designed to be "profitable" in the traditional sense, they can have a significant positive impact on the communities they serve. Libraries provide access to information and resources that can help people improve their lives, learn new skills, and find employment

 

[arunima25]

The concept of traditional library might not be appealing to many in this digital world. Many are now more into digital modes of reading and learning. We have a public library in our neighborhood..Now, they have started with few weekly events to attract people. They keep having story tellers for various age groups, some art exploration, book reading sessions, creative writing sessions etc.So, one has to keep coming up with such ideas to keep the business updated with the latest trends.

 

[Sojourn]

The public libraries in my state are all in a debilitating condition and most are on the verge of extinction. Seeing the state of these institutions, I do not see it as any lucrative business prospect.

 

[Crystal247]

A library is a place that people go and read or carry out research works.

We have a building in a very good and serene environment and I was thinking of setting up a public library.

Though the idea may not be just having a physical books in the shelves but with internet facilities that can help people to carry out research works.

Though the plan is to charge people some money. It could be monthly or weekly it all depends.

Another factor is that, do people really love to read?
Will there be patronage from people?

I think you can only be benefited from such business base on your location and how active student visit the library for reading. It can be a profitable business in urban areas that's close to university or colleges.

 

[Deyiang]

I think you can only be benefited from such business base on your location and how active student visit the library for reading. It can be a profitable business in urban areas that's close to university or colleges.

yes you are right i though on the same line of establishing it in urban area but the challenge may be that since sophisticated phones are available in which can give student enough access to reading and studying materials i think there be not much patronage

 

[Crystal247]

yes you are right i though on the same line of establishing it in urban area but the challenge may be that since sophisticated phones are available in which can give student enough access to reading and studying materials i think there be not much patronage

Yes, that can also be contribute to low customers or visitors, because a lot of students consider their phones has their library. But by having some important and interesting books on your library, you will still has more customers.

 

[EBUBEJAH]

A library is a place that people go and read or carry out research works.

We have a building in a very good and serene environment and I was thinking of setting up a public library.

Though the idea may not be just having a physical books in the shelves but with internet facilities that can help people to carry out research works.

Though the plan is to charge people some money. It could be monthly or weekly it all depends.

Another factor is that, do people really love to read?
Will there be patronage from people?

Well, setting up a public library or Library in general is a very good idea, but in this current dispensation that we are, where people can easily access some vital information at the two of their fingers with their mobile phones, it may not be very lucrative, well you can as well give it a try and see how it plays out.

 

[Wisdom01]

Setting up a public library would actually require a lot more money , you should be understanding that the public library is actually a Capital intensive project , you should understand that you would definitely spend a lot

 

[Crystal247]

Setting up a public library would actually require a lot more money , you should be understanding that the public library is actually a Capital intensive project , you should understand that you would definitely spend a lot

Sure, that's why your business planning may base on your financial ability. If you can handle it till success you can actually make money from it. Setting up a public library can also need to a good location.

 

[Wisdom01]

Sure, that's why your business planning may base on your financial ability. If you can handle it till success you can actually make money from it. Setting up a public library can also need to a good location.

Setting up a public library really does need a good location and others , I believe that it's even part of the most important thing you should lay emphasis on , because the library should be close to probably a school and others

 

[Crystal247]

Setting up a public library really does need a good location and others , I believe that it's even part of the most important thing you should lay emphasis on , because the library should be close to probably a school and others

Sure, it's the most important thing to check first before any other thing. Because at a business you need to first of all go after your audience. Setting up a public library can be lucrative business base on how you plan it.

 

[Wisdom01]

Sure, it's the most important thing to check first before any other thing. Because at a business you need to first of all go after your audience. Setting up a public library can be lucrative business base on how you plan it.

The plan is the most important thing there , I believe the way you are planning the business would obviously determine the way the business would be , to have great business start up projects , better plans are needed

 

[arunima25]

Setting up a public library would actually require a lot more money , you should be understanding that the public library is actually a Capital intensive project , you should understand that you would definitely spend a lot

That's very true. It would require a good amount of investment. And the profit returns might take way too longer than expected. And in this digital world with access to online books, it might never get profitable.
I feel that one can't take it as a profitable business. You can have one if you are really passionate about it and you have access money to invest in your passion.

 

[Inspekturveejay]

A library is a place that people go and read or carry out research works.

We have a building in a very good and serene environment and I was thinking of setting up a public library.

Though the idea may not be just having a physical books in the shelves but with internet facilities that can help people to carry out research works.

Though the plan is to charge people some money. It could be monthly or weekly it all depends.

Another factor is that, do people really love to read?
Will there be patronage from people?

The profitability of a public library depends on the community's needs, funding, and the library's services. While it might not generate monetary profits, it contributes significantly to community education, culture, and social well-being.

 

[Wisdom01]

The profitability of a public library depends on the community's needs, funding, and the library's services. While it might not generate monetary profits, it contributes significantly to community education, culture, and social well-being.

I think Public libraries not only provide access to information and resources but also offer opportunities for learning and development, community engagement, and cultural experiences. They often serve as a gathering place for people of all ages, backgrounds, and interests.

 

[Ben Kempton]

I think Public libraries not only provide access to information and resources but also offer opportunities for learning and development, community engagement, and cultural experiences. They often serve as a gathering place for people of all ages, backgrounds, and interests.

We have a local public library in here. I think it is one of the oldest libraries out there in our area. However, you have to pay a fees if you want to get access to it. This is why there are many people who visit the library and read books there. I think you can also purchase membership in there. Having said that, the library is owned by the government.