I would consider this as a good business opportunity in PL. It's a 'niche' and 'empty' with investors and there is a-lot of demand for it from bored out youths who want to have recreation facilities beyond 'football'.
I am talking about being a 'sports' based store that sells items and rents out the following things.
1. Jetski's for rental
2. Boogey boards cause I doubt they can surf.
3. Snorkelling equipments
4. Paramotor so people can 'glide over' the city
5. In the future expand into 'sky jumps'
I would definitely 'tap' into this 'area' due to the liklihood of good returns and less competition. I prefer areas that are 'niche' type of investments where there is 'under supply' of companies leaving me to own the 'market' for at least the first 'few years' to make a good earning un-interrupted by competitors until Somalis 'copy' lol.
I am not a 'fan' of 'clothing stores, technology, and products' this is 'over supplied' in Somalia. The best business idea is areas that is undersupplied and demand is strong while 'investment is low'. PL has identified 'youth investment' is strongly encouraged as it can have many positive impacts on the community.
I would set up 'shop' at Bosaso due to the commercial hub and coast-line. I may expand to 'Garacad' once it becomes he commercial hub of the central regions.
I am talking about being a 'sports' based store that sells items and rents out the following things.
1. Jetski's for rental
2. Boogey boards cause I doubt they can surf.
3. Snorkelling equipments
4. Paramotor so people can 'glide over' the city
5. In the future expand into 'sky jumps'
I would definitely 'tap' into this 'area' due to the liklihood of good returns and less competition. I prefer areas that are 'niche' type of investments where there is 'under supply' of companies leaving me to own the 'market' for at least the first 'few years' to make a good earning un-interrupted by competitors until Somalis 'copy' lol.
I am not a 'fan' of 'clothing stores, technology, and products' this is 'over supplied' in Somalia. The best business idea is areas that is undersupplied and demand is strong while 'investment is low'. PL has identified 'youth investment' is strongly encouraged as it can have many positive impacts on the community.
I would set up 'shop' at Bosaso due to the commercial hub and coast-line. I may expand to 'Garacad' once it becomes he commercial hub of the central regions.