While
some businesses in Port Harcourt face a great deal of scarcity, there are still
others that seem to be on the table of many. These 4 businesses by my ranking
are the most popular businesses in Port Harcourt, Nigeria, and they are lucrative
too. The ranking in this article starts from the most popular to the least
popular in the city and local government. Having seen this trend, I perceive that there
may be a scarcity of customers, if these businesses continue to get more
popular, and this could cause a fierce competition in the area. But that’s a
story for another day. So, what are these businesses? Well, they are the
following listed below:
1.
Provision Business:
Who
doesn’t get some provisions on a daily basis? This is probably why this
business is so popular in Port Harcourt. There is virtually no street in Port
Harcourt that you’d find no provision business going on. Whether it’s in a
kiosk or in a shop, or even if it is nicely arranged under an umbrella, there
is always a provision business going on.
The
popular provisions sold in these stores are the beverages (Milo, Bournvita,
Ovaltine, and so on), Sardines, Butter, bread, and lots more. The interesting
fact about this business is that it gets a lot of customers as long as you site
it in the right area suitable for it. The only downside of this business is
that the profit from the sale of one unit of a product is really small, and you’d
have to sell a lot before getting anything reasonable. However, it could be a
rosy experience if you set it in the right place. Kindly check out how the
things you’d need to consider before setting up any business by following the
link below:
5 Things You Should Consider Before Setting Up a Business.
2.
Point of Service (P.O.S) Business:
This P.O.S business is another popular business in Port Harcourt. It's so popular that you can find up to 3 to 5 P.O.S agents staying on one street. I have always taught the P.O.S business to be a non-lucrative one but my recent investigations has proven that it is lucrative. These people charge their customers for things like withdrawals, deposits, transfers and so on. This business of theirs is relatively easy to start as it does not require a large space. However, you need sufficient capital to get the P.O.S machine, and also have a deal of money in your account so that you can carry out transactions. However, many Port Harcourt businessmen and women have proven to be up to the challenge.
3. Drinking Water Business:
Whether it's a wholesale or a retail, the drinking water business is another popular business in Port Harcourt. I mean, who doesn't drink water? This is probably why there are many who go into this business. Asides that, this business is relatively cheap and easy to start. You can even do it in your house as long as you are permitted to do so. You can be a retailer who sells in bits to the customers, or a whole seller who sells in large quantities to the consumers and also the retailers. You can also deal on the bottle or sachet water. They are both lucrative but the sachet one is fast sold than the bottle. So, you can see the simplicity in this business and many have taken advantage of this fact.
4. Transport Business:
The transport business is another popular business in Port Harcourt. Walking through the streets of this big city, you would find out that there are many people who use this means as their source of lively hood. This makes sense because Port Harcourt is full of busy people. They all want to get to various places at various times. So, some businessmen and women have taken advantage of this opportunity and they have exploited it to their own benefit.
I hope you enjoyed and found this article useful. If you know of any other business that you think is popular in Port Harcourt, please, put them down in the comments section. Also, if your're not in Port Harcourt, you can write down the business that you know is popular in your own city.
Thanks for Reading!!
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