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[MRizwan530]

In winter, the price and consumption of coal increases.In our country, like other countries, coal is imported from outside.I would like to ask you for advice on how to sell coal in winter season.?

Is it possible to make good profit if coal is bought and stored in summer and sold in winter?

 

[Opeyemi Abduraheem]

Investment in charcoal is something that very very good I said very very important charcoal is another source of for that can powered domestic use it suffers alternative in case the popular one is no money is or is so scarce in the environment

 

[a_jerobon]

Your specific goals and objectives, as well as your knowledge of the market, would all play a role in your decision to invest in charcoal. If you're looking for a long-term, reliable source of income, investing in charcoal can be a good choice. However, if you want to see a quick return on your investment, you might want to look at other options. Before making any financial commitments, it is crucial to draft a thorough business plan and study the charcoal market.

That is right. Your knowledge and research plays a big role in how successful you will be. You need to make sure that you know how to get charcoal and how to sell it. Most important is knowing if there is market for it and who your target audience should be.

 

[Opeyemi Abduraheem]

In case their is scarcity of fuel, like kerosene , gas and other source of fuel . In another time the cost of this fuel because they the next thing is to settle for telco for cooking and other domestic work choco is a business we can venture into

 

[gammarays]

Investing in charcoal is dependent on the location. In my country, charcoal are mostly used in rural areas or by few in urban areas so it'll be more profitable in rural areas than urban regions. Charcoal will be in demand now as price of gas and kero has increased.

 

[Opeyemi Abduraheem]

Charcoal is another source of fuel, it is alternative source of fuel to kerosene, gas cooker, and electric cooker . because people are in the urban area also shifted to the use the charcoal as the prices of the other source of fuel increased .and . it is very good to invest in charcoal.

 

[a_jerobon]

Investing in charcoal is dependent on the location. In my country, charcoal are mostly used in rural areas or by few in urban areas so it'll be more profitable in rural areas than urban regions. Charcoal will be in demand now as price of gas and kero has increased.

It is the same here in my county. Only a very few people use charcoal. You will only find market in the rural areas, but still it is not that marketable too. People who strive well in this business are those who supply high quantities to institutions and restaurants that use charcoal as a cheaper addition to gas.

 

[gammarays]

It is the same here in my county. Only a very few people use charcoal. You will only find market in the rural areas, but still it is not that marketable too. People who strive well in this business are those who supply high quantities to institutions and restaurants that use charcoal as a cheaper addition to gas.

Yes restaurants use charcoals here because it's cheaper when compared to gas or kero so they're the ones in need of charcoal. Charcoal irons which we're used by households has been phased out by electric irons as well.

 

[Opeyemi Abduraheem]

You should invest in charcoal now that the price of alternative source of fuel has increased. Charcoal has served as soft landing when the price of others sources of fuel are experience uncontrollable situation.

 

[gammarays]

You should invest in charcoal now that the price of alternative source of fuel has increased. Charcoal has served as soft landing when the price of others sources of fuel are experience uncontrollable situation.

Yes this is a good business idea.if you follow the sequence of events, anytime a major source of cooking fire increases other alternatives increase as well. Since gas and kero has increased in price, charcoal and firewood will follow soon.

 

[Opeyemi Abduraheem]

Charcoal is An alternative to source of cooking. it will serve as a landing space anytime the price of the gas kerosene and other price for cooking increases. Many people will move down from the upper because of the high-rise price of materials for cooking a source of fuel.

 

[Player1]

Charcoal is a very lucrative business to invest in, though these days people usually make use of cooking gas and the likes, charcoal still remains relevant. In most places like Benin Republic, most homes still prefer using charcoal. Cause they find it to be cheaper.

 

[Ben Kempton]

Investing in charcoal is dependent on the location. In my country, charcoal are mostly used in rural areas or by few in urban areas so it'll be more profitable in rural areas than urban regions. Charcoal will be in demand now as price of gas and kero has increased.

I think that this all depends on the demand of the product. I think that charcoal is a natural substance and resource. It could also be exported to other countries and this is why there are many people who tend to export charcoal and invest money in this kind of business as well.

 

[Wisdom01]

Charcoal is a very lucrative business to invest in, though these days people usually make use of cooking gas and the likes, charcoal still remains relevant. In most places like Benin Republic, most homes still prefer using charcoal. Cause they find it to be cheaper.

Yeah charcoal could be a very lucrative set of business , also when taking interest in it ,it's best for the person to actually have a clear demand Market ,like the people that would be needing the sales and others

 

[Xrin Nightfall]

Charcoal is a very lucrative business to invest in, though these days people usually make use of cooking gas and the likes, charcoal still remains relevant. In most places like Benin Republic, most homes still prefer using charcoal. Cause they find it to be cheaper.

Charcoal can be a very lucrative business to invest in. The charcoal industry is estimated to be worth up to $35 million a year, and many companies are investing in the production and sale of charcoal. Investing in charcoal can be a lucrative business, but it is important to understand the risks associated with the industry, such as environmental and legal issues.

 

[Player1]

Yeah charcoal could be a very lucrative set of business , also when taking interest in it ,it's best for the person to actually have a clear demand Market ,like the people that would be needing the sales and others

True, this is one mistake many business owners make, they tend to buy in bulk even before they have enough traffic, which in Most cases usually results to losses. Once you have does who are in demand for it, you can buy according to that number and supply.

 

[Wisdom01]

Business makes mistakes most time and I feel the ability for the business to get over the mistake would require do many vaults and solving , the business should combine all the bridges that would stop them from acheiving their aim and get over it

 

[Wisdom01]

Exactly right but I prior described that you need a controlled and heated environment 24/7 for maintaining it so its not a low cost business and therefore much individuals and even smaller companies don't take risk and only big companies that have government's permission take part in the process .

If it's a small business then you could maintain in a small shop , although what I mean is that when cooking with the charcoal ,the puffs and smokes that comes out might not be pleasing ,and that's why some people are not interested in using charcoal ,but other methods