POS Business has become a thriving Business in Nigeria as many young people have ventured into it to make a living.
POS (point of sales) Business has become a lucrative business in Nigeria especially in a big cities that are populated.
Young entrepreneur and Businessmen has ventured into because it is easy to start and the capital is not much.
Just like other businesses, there are things you need to consider before you start yours.
1. Getting a Shop: Any Business needs a location, POS Business needs a shop and the good news is that it doesn't need much space, you can just occupy a small place as your shop.
2. Location: you don't just open a POS Business anywhere you wish, you must look out for a strategic location to stay, always stay in a commercial area if you want to make more money from the Business.
3. Capital At Hand: Every Business requires a capital to start the Business, before you start the Business you must have at least 50,000 naira with you.
4. Getting the Machine: without the machine then there is no business, there are two ways you can get this POS machine, either from Financial Agencies like Opay or from your Bank. You need to apply for it, meet their requirements and get the machine.
If you have these four things in place, then you are good to go. The Business is Profitable if well planned and managed.
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