Wednesday, 29 June 2016

Trading

Trading is the easiest and broadest way to make money. This is because with trading, you always have something at your disposal to exchange for money. Note that people can readily pay for finished goods presented to them than to order for something that they have to pick up later as they may not have plan to go back there. Haven't you noticed that some times people buy something not because they were prepared to buy it, but because it was flaunted on their face. So flaunting a ready made commodity increases opportunity for patronage as opposed to ordering which takes place because you deliberately planned to buy something and went looking for it. If you are dealing on commodities that fill the basic needs of ordinary people, you can be sure of frequents sales which means you can always have money at hand. Trading entails getting products from far away places and making them available where they are needed. The consumers are happy to pay for your service because you helped to bring the commodity closer to them.
    An important advantage of trading is that you make money
based on the frequency and quantity of sales, and great quantity could be sold within a short time ,if there is demand; unlike services that can take a considerable time to deliver when there is a enormous demand.

Trading is not so physically tasking. Hence large amount of money can pass through your hands without you being overburdened by the rigors of a physically tasking job such as personal service. E.g. massage, tailoring, welding, carpentry etc.  
 Another important advantage of trading is that it allows you to attend to another thing, at least within your business premises. Something like reading or even another physical task while waiting for customers to come.You can even delegate someone to stand in for you. Hence you can comfortably acquire a part time even a full time education while trading.

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