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Why do good food businesses fail while mediocre ones succeed?
My experiences running a FOOD CART business
HOT ISSUES during the Duterte Presidency
Gusto mo ba ng conventional ways para kumita?You can try e-load, or pautang (5/6). Working student ka kamo, hassle sayo cguro kung ang pinagkakakitaan mo e hands on ka lagi.Pero kung passive income ay pwede ka mag mutual funds or kung mataas risk appetite mo e mag stocks ka.Anyways, theres the pros and cons. Asses your financial situation then make a 6 month plan.Good luck to your endeavors!
Hi, I am a working in a call center and a student at the same time. However, aside from my monthly income as an employee, I would also want to have another source of income. What do you think is the best business that I can start? Any suggestions? Thanks.
...or you can always try opening a Sari-sari store if it's still feasible in your area. (if, of course, there's someone to man the store) Here's a detailed guide how you can manage your small storeHow to Succeed In Your Sari-Sari Store
Care to share how mutual funds can be a source of passive income? I think MF/UITF can be classified as paper investments and not a source of passive income.From Wikipedia;Passive income is an income received on a regular basis, with little effort required to maintain it.
First, there's no such thing as "best business", much like having "investment with zero risk". Instead of adding income to your cash flow (and considering your age), you might want to invest your money first on either of the ff:1. insurance2. stocks3. mutual funds4. coop (if your company have one)5. yourself (buy books and make sure you read them, attend seminars about financial literacy/business)...or you can always try opening a Sari-sari store if it's still feasible in your area. (if, of course, there's someone to man the store) Here's a detailed guide how you can manage your small storeHow to Succeed In Your Sari-Sari StoreSo by the time you finish your studies and saved enough, you can then focus on your start-up business. Just don't put all your money on the bank, OK? How does that sound to you?
Is there any study showing "success" in sari-sari store? And how do you think TS, as a working student, can manage the sari-sari store the way the article suggests?
(if, of course, there's someone to man the store)
That's why I said:I dunno if there's a study though, but there are countless stories out there of course.
Sir phreyesj23, do you own a sari-sari store? Kindly tell one story. What is the ROI of that sari-sari store? Annual growth rate?
Annual growth rate?
Yes, I do . That's why I was able to write an article how to manage one. Hmm..as for the Math (sorry can't let you see my spreadsheet ), the average is at 38% on returns. It may not satisfy your "success story" but I'm good with that. Seriously??