What are some prominent self-employed businesses in your area.

[Mikes smithen]

A lot of individuals are establishing businesses these days and according to statistics the kind or category of businesses majority of individuals are establishing today are mainly self-employed businesses. Two of the possible reasons why majority of people choose to establish self-employed businesses today is because they do not have any legal restriction by the government of the day and also establishing a self-employed business today is considered to be cheap and inexpensive. In my region or country which is Nigeria which is in West Africa. Prominent self-employed businesses over here would include a barbing saloon, a grocery shop, a repair store, a chemist or pharmacist, electrical shop, a restaurant, a fashion store, and possibly a poultry farm.

Businesses like this stand the chance to make profit in Nigeria and the reason is because what they sell or the services the render are necessities.

 

[Axis]

I am the citizen of the great nation Nigeria and it is true that businesses that you have mentioned above the kind of businesses seen in this part of the world. Majority of individuals are also coming up with other kind of businesses as a result of the needs and wants of members of the public growing and become insertable in nature. However deciding to establish a business is a good motive or intention but we must be careful to understand the factors as well as the opt and downs affecting business establishment. We obviously do not need to establish businesses only just to make profit but rather try to channel our business so that economy growth and development can about.