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Money in Transportation

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ahmedo24

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#1
We must move from one place to another in other meet our ends need and we defnitely required means of transportation either by air, water or land. However the easiest one to dive into is land transportation considering the capital commitments of the business. Buying cars, motorcycle or tricycle to convey people for exchange of cash is to an extent and passive way to earn. What your opinion on this?
 

Gabbar

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#2
Its a good business but I don't think its easy to establish a transportation business. You are right in saying that we can make a good money from it but first we need to invest a huge capital expense and that much expense can backfire as well.
 

Kei

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#3
When you already have the car or whatever means of transportation, it will cost lesser to start such venture. When you lease, you'd have to pay for that and other expenses. You also need to dedicate a lot of time into this business.

In the long run, this is a good business as you'll always find people to transport from place to place every single day. It never grows old just like food business.
 
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#4
This is always a good business anywhere in the world,my cousin is into uber driving and he is making cool cash monthly. People will always move from point A to B,so money will always be made.
 

chicnthin

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#5
It is more considerable if you already have a vehicle, otherwise you would need a huge capital to buy a new one. However this type of business is profitable I think. Since all of us would need transportation to be on our destination.
 
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#6
Transportation business is very lucrative since we will always need to move around if one has a car alresdy starting the business will be very easy.Giving it someone else to drive will be good but driving oneself will be a lot better.
 

Kei

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#7
I think giving it to someone or on a larger scale opening a registered transport company where you can hire drivers would be better. It is easier to have more time and you'd also be empowering someone else. Most people prefer to do it themselves though especially when it is one vehicle.
 

Junrose123

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#8
Transportation is really a good and indemand business, many people are making a good income from this since it is one of the needs of people cannot simply go away. Without transportation we cannot go or travel to places that we like to visit that is why it is already a must for us to have.
 
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