Business investment is considered risky and investors are always advised to calculate properly before taking a step in order to minimize and prevent loss of resources and time. Reliable information is the guidance that is required for good investment decisions.

Therefore, persons who are considering putting their money into any venture that they perceive gainful should consider the following:

It should be a legitimate business

When you are planning towards engaging in business, the first thing to consider is whether where your investment interest lies is legal in order to avoid consequences that range from fine, imprisonment or death sentence. There are several types of businesses that are in line with the laws of the country and these areas have vacuums that can be exploited profitably being it production, manufacturing or service delivery.

It should be viable

It should be something that is possible and doable and not a venture that can be likened to building castle in the air. The mode of operation of the business should be clear, practicable and possible return on investment is definite within a period that can accommodate cost, bring forth break even and generate profit.

It should be sustainable

An entrepreneur should analyze all the factors that will hinder the continuity of his intended venture. A business should be able to sustain its raw material inflow, continuous presence of professionals, experts and other important inputs. Considering businesses and schemes without product/service and clear source of revenue is gambling, ponzi schemes are not sustainable investments and should be avoided as they tend to be bleak in terms of continuity.

It should have clear competitive strategies

A very popular saying in business is “innovate or die”. It simply means, an entrepreneur must be ready, willing and fast at getting ahead of competition. Always make new discoveries that set you apart and ahead in your industry.

Investor should be open to diversification

Always make new business moves when you have to. When you diversify, you get new business and new means of income which will also help you against business failure. It is like having your eggs in different baskets, there always something left in the event of calamity. It sometimes create market for the first business as in the case of a popular bookshop in the country that deals in primary and secondary school books, the bookshop also went ahead to set up schools.

source; http://tushmagazine.com.ng/5-things-investing-fund-business/

cc
lalasticala, dominique, mynd44

Your points are very valid, but most of all it must be profitable.

Lol, second to comment.

Guy, we know all these tinz....Capital is d koko.....selah#

Good points. A business should be a solution provider.

God bless all aspiring Entrepreneurs in Nigeria. They try to bury us but they didn't know we are seeds... the business environment in Nigeria isn't quite favorable especially for SMEs but we will overcome.

Nice write up. Persistency is key



In Other news
Antitrust/ everlasting water stanchion tower/ tank stand at whatever height and water capacity you plan on achieving.

And also, consider d risks involved in d business too and try to eliminate or mitigate d risks. This can be done if d worth of d business is ascertained so it can be properly insured

Good

I think you are right, cos someone is just telling me about this same thing right now as am typing haha

especially the last point

nice one dude

LEGITIMATE ........ hmmm

Nice article

It's normal for everyone who wants to invest to think about what is stated by the OP
Come to think of it, OP why you dey tell us, abi this go make dollar fall

Good tips.

Good tips. I for one must see passion and belief in the start up entrepreneur.

nice

like in chemistry we were thought the IDEAL GAS LAW and the REAL GAS LAW............in reality, ur write -up would be given a 20% success rate,especially in our society.


If indeed u do business in naija....u would understand...

True talk o...that number one is really important. That was the the first thing I looked out for before embarking on this online business am on now ...actually started with 10k ,see fear for just 10k o...now I make much moneyyy

If it's sustainable, then it's definitely profitable.

kingDavidda1st:
Your points are very valid, but most of all it must be profitable.

Akposb:
Good points. A business should be a solution provider.

that is all, with this solution people will pay you for the service.

How does this relate to MMM?

New Gucci snickers for both male and female for sale
    size: 39-47
    price: 25k
    free delivery within lagos

nice

1999pikin:
True talk o...that number one is really important. That was the the first thing I looked out for before embarking on this online business am on now ...actually started with 10k ,see fear for just 10k o...now I make much moneyyy

So what's the business?

lofty900:
So what's the business?

its a multi level marketing biz.

1999pikin:
its a multi level marketing biz.

I sent you a PM

lofty900:
I sent you a PM

replied bro..

1999pikin:
replied bro..

OK thanks I'll mail you