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Plz Help Business Is Dying - Properties - Nairaland

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Plz Help Business Is Dying by visaland(m): 11:15am On Dec 26, 2021
My name is Ebi. Plz I need your advice.

I started a POS business, KUDI to be precise with 400k for 7months. But I'm not making any gain. I'm rather loosing it. I have two girls that work for me. We all do account before closure of the day and the money use to complete.
But when I do my personal account the money is always far less than the actual amount, so now I can't even boast with 150 from 400k.

I have been praying and committing it to the hands of God. My nairalanders. Plz what's the way out
Re: Plz Help Business Is Dying by MarketDispatch: 11:19am On Dec 26, 2021
visaland:
My name is Ebi. Plz I need your advice.

I started a POS business, KUDI to be precise with 400k for 7months. But I'm not making any gain. I'm rather loosing it. I have two girls that work for me. We all do account before closure of the day and the money use to complete.
But when I do my personal account the money is always far less than the actual amount, so now I can't even boast with 150 from 400k.

I have been praying and committing it to the hands of God. My nairalanders. Plz what's the way out

Two girls....overhead cost of Salary. What can praying and committing do about that?

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Re: Plz Help Business Is Dying by visaland(m): 11:38am On Dec 26, 2021
Omo I don't just know what to do!! I have though as fircthe salaries. It's 30k each I pay them. Is that too much
Re: Plz Help Business Is Dying by kopell: 12:27pm On Dec 26, 2021
visaland:
Omo I don't just know what to do!! I have though as fircthe salaries. It's 30k each I pay them. Is that too much
Bros think about it, you don't need overhead lability as a new business, ability for them make you x3 of their salary is what your business needs to survive. You don't need PHD in business to know that. Question, how much do you pay yourself as owner? Do you work along with your staffs or they do all the job? My humble advised or opinion to you as new business, do the job and pay yourself that amount reinvest your profit in to the business to rebuild your capital base.

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Re: Plz Help Business Is Dying by VicM6: 12:51pm On Dec 26, 2021
mtcheew, this op is day dreaming.....30k each, two girls amouted to 60k.
Now how much do u make in a month?......Abeg na person wey get time go complete the rest fah.

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Re: Plz Help Business Is Dying by house10s: 4:34pm On Dec 26, 2021
visaland:
Omo I don't just know what to do!! I have though as fircthe salaries. It's 30k each I pay them. Is that too much

u self u only need one n 20k as salary

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Re: Plz Help Business Is Dying by visaland(m): 4:37pm On Dec 26, 2021
I like your comment. That is reality.
Re: Plz Help Business Is Dying by idu1(m): 7:00am On Dec 29, 2021
60k salary in a business of less than 1million?

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