The major advantage of being a ZBIN member is access to business opportunity information. A ZBIN member is technically a rich person because you have access of where to get funding, you also have access to a large pool of practical business ideas. If you follow us, all you need to do is to go through the hundreds of articles posted on this site. There can be no better hub of business opportunities than ZBIN. If you want more information then you can follow discussions on our Facebook Page. If your hunger for more informaion on business opportunities is not satisfied then you can join our Whatsapp Platforms where business resources and information is shared through active discussions. If you want more detailed information then you then subscribe to ZBIN membership for $10 for 6 months and have access to a lot of other information which we do not easily share on the other platforms.

Take for example the information we are sharing for free with you today, we have already shared it with subscribed members, some have taken advantage and we now share it for free with you for weekend reading.

Candy Floss Business Idea

Did you read our post on areas where Zimbabweans are spending money on? Food is on top of the priority list. Education for kids-infact Zimbabweans are spending more money on kids when compared to other areas. Food for kids, Education for kids, Clothing for kids, Entertainment for kids etc. The idea of a candy floss business would suit someone interested in kids business. Making candy at pre-school parties, school events, kid events. Target areas include places where parents take kids for entertainment-Megga2, Longcheng, Lake Hunyani etc. For inspiration one may need to visit the Lion and Cheeter Park.

Price Ranges

You can purchase them from South Africa and prices vary from R800 for basic candy floss machines to as high as R8.000.

Where to get information

https://www.alibaba.com/countrysearch/ZA/candy-floss-machine-supplier.html

https://www.gumtree.co.za/s-candy+floss+machine+for+sale/v1q0p1

http://www.softservemachines.co.za/candy-floss-machine-candyfloss-for-sale.html

Second Business Idea

I was in Rusape in March this year and needed to fix my truck which had a key problem. So when i asked for directions of where to find a locksmith, I was referred to Nyathi who operates next to Ok Stores. So i went there and got Nyathi to fix my key and in the meantime decided to find out business at the flea market located next o Ok Stores.

Whilst there-i got an opportunity to have a chat with one of the ladies who was selling fresh fried chips. She had a wonderful Chip Fryer and at first i thought it was powered by electricity but got a suprise to learn that it is gas powered and mobile too!

Then we got to serious business talk, how much does she earn per day? Her answer was that business had gone down in recent months. She was now making on average daily sales of $7 per day from the previous $20 -$30 she used to make in 2016. Sometime business peaks when she sells her chips and sausages at church functions or sporting events or during weekends.

Potential

We recommend the mobile chip fryer for our members dotted across the country. It is fuel economic, it is mobile and affordable. You can use it to earn an extra income at sporting events, school functions, church gatherings etc. One setting up a fryer at a busy rural business centre such as Mverechena or Showgrounds should be able to make profits. The hidden trick in the business is the price of chips….for $1 a pack, customers will always be willing to buy-who doesnt want fresh chips for such a small amount? It can provide serious competition to $1 sadza plate sellers.

So there you are-sometimes we are talking of megga investment business ideas such as the Truck Inns, or opening up a pub at Westgate or we are talking of businesses that do not require a lot of capital, businesses that bring $5-$20 in revenue-this is the beauty of ZBIN, we cover the needs of everyone-small scale or big scale investor.

In the meantime we are blessed to recieve an invite from one of the leading pentecostal churches in Chitungwiza. We hope to do our best for a free business presentation. The aim is to inspire church members and equip them with business identification skills and be able to take advantage of them.

ZBIN wishes you a Blessed Weekend.

Have you seen folks who just say ‘iri business iri rine mari’ and then plunge in and invest? There are no sufficient studies to find out the profitability of the investment, the impact of the economy on the business, the regulatory environment, the impact of smuggling on the business, the impact of elections on the business-i cango on and on listing variables that affect a business. The point here is that when planning to invest a substantial amount of money in any business venture, you are going to do thorough studies or risk sinking money into loss making ventures.

The ‘business iri rine mari’ (this business is profitable) concept has led to the high rate of business failures and also the flooding of any emerging business opportunities. Take for instance the purchasing of a kombi-most just transfer funds to Beforward, receive your vehicle, get all the necessary permits, hire a driver and conductor and within a few weeks the kombi is on the road! There is no study to determine the current trends in the industry, current or future plans by the government, how many kombis already exist and future outlook. For most investors in the sector-its get sufficient funds to import a kombi and hire employees-end of story and this usually results in investors making losses because they may not have full knowledge of the business.

We often give the example of the quail bird projects which once took Zimbabwe by storm in 2016. Some took bank loans and invested heavily in the projects. A few months after investment then came the shock news of the project ban! Those who had invested in the project had obviously not done enough studies because they should have checked the position of regulatory authorities on the project.

Inorder to assist our members to invest wisely, we are giving you a free business template for download. Carefully study the contents especially on marketing, distribution, competition, future products, technology, products, finanial information etc. This should give you general guidance on what a business plan is. Subscribed members of the forum can downoad a business plan checklist from our Facebook page.