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I Want To Start A Business - Business - Nairaland

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I Want To Start A Business by Idrisk19(m): 6:55pm On Apr 17
Good evening dear Nairalanders.
I'm here to seek the opinions of the business men and women here. I lost my daddy last 7th of this month, during the funeral processing and 8th day prayer, the past students who studied under the tutelage of my father contribute immensely to the burial and prepared foods and drinks and some other things needed for the burial and prayer, all of us we didn't spend penny except the 8th day prayer everyone of us we prepared foods for our friends that's only money I said each one us spend. after prayer some of our family members contribute money for us, and some of our friends also support us as well, yesterday after I counted all my money I have like 120,000 both Bank and cash in hand. my question is which business can I start with a sum of 100k, the remaining money I want to use it for my children school stuff, I want to change their school bag, launch box etc. please your opinions would be highly welcome.. Thanks in anticipation
Re: I Want To Start A Business by GideonOludayomi(m): 7:16pm On Apr 17
Idrisk19:
Good evening dear Nairalanders.
I'm here to seek the opinions of the business men and women here. I lost my daddy last 7th of this month, during the funeral processing and 8th day prayer, the past students who studied under the tutelage of my father contribute immensely to the burial and prepared foods and drinks and some other things needed for the burial and prayer, all of us we didn't spend penny except the 8th day prayer everyone of us we prepared foods for our friends that's only money I said each one us spend. after prayer some of our family members contribute money for us, and some of our friends also support us as well, yesterday after I counted all my money I have like 120,000 both Bank and cash in hand. my question is which business can I start with a sum of 100k, the remaining money I want to use it for my children school stuff, I want to change their school bag, launch box etc. please your opinions would be highly welcome.. Thanks in anticipation

To be sincere with you, if you start a business in your current situation, you yourself pose a serious threat to that business because your liquid need will constantly contest with the income from that business which isn't profit yet. However, if you have a job , pls don't quit yet. And if you don't, try to get. However, the best business you can do now is trading. Or let me just say any business that keeps you liquid and not the ones that will take you weeks to recoup your capital. Avoid high risk businesses for now.

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