For People That Are Seriously In Need - Nairaland General - Nairaland
Nairaland Forum › Nairaland General › For People That Are Seriously In Need (113 Views)
| For People That Are Seriously In Need by Sonofgod1990(op): 4:15pm On Jul 03 |
What can 500,000 do for you. I want to help 5 persons with 500k each. I will select my winners by 10pm |
| Re: For People That Are Seriously In Need by Samueltemi337(m): 4:25pm On Jul 03 |
Samson what can sense do for you? I want to give you for free |
| Re: For People That Are Seriously In Need by kaywhy09(m): 4:33pm On Jul 03 |
It'll help transform my business, and life in general. Get laptop, power generator, office space and other utilities. |
| Re: For People That Are Seriously In Need by ekwuemendinso(m): 4:51pm On Jul 03 |
Why ₦500k is the Sweet Spot for my POS in 2026. With ₦500,000 I have enough to start a POS business properly without struggling for cash on day one. POS remains one of Nigeria’s most reliable low-capital ventures because cash is still heavily used, and many estates, markets, and bus stops don’t have nearby ATMs. My ₦500k covers the machine and signage ₦80k–₦150k, a table and umbrella ₦30k–₦50k, and most importantly, a healthy working float of ₦200k–₦250k. That float is what me serve more customers without telling people “no cash” by 2pm. How the Money Works and What I Can Earn: I shall be making money on charges. Banks charges me ₦10–₦50 per transaction, but I shall charge customers ₦100–₦200 for withdrawals depending on the amount. In a busy location, 50–150 transactions daily is realistic. At 80 transactions x ₦100 average profit, that’s ₦8,000/day or ₦240,000/month. Real agents in high-traffic spots report ₦280k–₦350k/month. Peak hours are 6–9am and 5–8pm, so location near markets, schools, or residential estates without banks is everything. I shall Keep It Profitable and Safe: ₦500k is good because it gives me both setup and running room, but I must manage it well. Keep ₦100k–₦150k untouched as emergency float for network failures or cash shortages during festive periods. Security is key, so I shall carry limited cash and close early. If I pick the right spot, build relationships with regulars, and reinvest my profit into a bigger float, ₦500k can grow my POS from a single table into a small agency with multiple agents within a year. 1 Like |
| Re: For People That Are Seriously In Need by Goddyrichie(m): 8:17pm On Jul 03 |
Sonofgod1990:bro I don paste aza but u never reply me |
| Re: For People That Are Seriously In Need by Blessingdare: 9:52am On Jul 04 |
It'll help on my education since I'm in finals |
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