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❓ASK Which business sector is good for low income customers?

microunit

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Everybody knows that every business could bring you profit but what if majority of your customers can't afford much , which business sector do you think is good for low income customers?
 
Yes I guess that's true that the necessities business like foods and clothings are the one for low income areas of businesses as people there badly need them
 
There are a lot of business sector that a low income earner can start his business with. The skills that you have and the amounts of capital available to you will determine the best sector to choose.
 
Low income earners can start businesses that doesn't require so much capital. For instance, they can do rural trading by buying goods like food commodities at lower prices from rural areas and selling it to make good profit in urban areas. Small scale businesses like retail marketing can also be considered.
 
Food such such as rice or Anything fresh. Because people will buy it no matter what since it's a necessity for everyday lives they can absolutely afford it
 
In our neighborhood many are selling food items like cooked meals and snacks, ice cream, desserts and even chocolate and candies. Some of them cook the food and some buy from the supplier. The capital is low but the profit is something like 40% to 50% of the capital.
 
Everybody knows that every business could bring you profit but what if majority of your customers can't afford much , which business sector do you think is good for low income customers?
For slide businness, you can create a small farm for extra income. You can earn money as well as you can pass the free time in your firm.
 
When starting a business, it is good to really check what your customers can afford. Then you can supply products in amounts they can afford but also in a way that you will get profits.
 
For slide businness, you can create a small farm for extra income. You can earn money as well as you can pass the free time in your firm.
Making a side farm business is kinda difficult for most though as most don't have the land for a farm nor the money to buy a land to create a farm for it
 
Making a side farm business is kinda difficult for most though as most don't have the land for a farm nor the money to buy a land to create a farm for it
The farm is not only mean to feed livestock animals. Now anyone can make a mushroom farm or get a good breed of pet, these little things can also bring profits to your pocket.
 
This is the reason one will need to make Business/market research/survey before starting a business in which to know where your business can be located and to identify your customers. Mind you not everyone can be your customer. But whatever your product may be, you have to make it be in size by size, so that there will be affordable one for those who have low income.
 
I noticed that low earners buy a lot of groceries in low quantity or in bits here. So if I'm starting a business I will likely sell things of this nature it will attract this caliber of people
 
I would agree with those that have gone to agricultural-related products. I think by far this is the sector you could likely find cheap products from.
 
No matter how small or big a business is, it's sole aim is making profit. I will say as a low income earner I will rather prefer in venture into what will give him/her daily income like food stuff
 
Well, actually just food and clothing stores. These stores keep them busy and happy since it's affordable and even in their own region. Most of them also buy and work locally to save traveling costs. Affordability and convenience are important to these people.
 
Well, actually just food and clothing stores. These stores keep them busy and happy since it's affordable and even in their own region. Most of them also buy and work locally to save traveling costs. Affordability and convenience are important to these people.
This.. just go for necessities that people needs daily. It's not wise to go for things that people rarely needs.. services is good too but only.if you can hire enough people
 
No matter how small or big a business is, it's sole aim is making profit. I will say as a low income earner I will rather prefer in venture into what will give him/her daily income like food stuff
You are right. Food stuff is good to be selling in a location that there are people generating lower income, because there is no how they will not need to feed their stomach no matter how low income they are generating.
 
Low income earners can venture into so many business is depending on their interests. Vegetable business is a very lucrative business especially if you are close to a nearby market. It's very much high in demand.
 

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