Growcify

Start and grow your eCommerce business

Top 3 Promising Investment Opportunities for Entrepreneurs

investment opportunities

“Don’t put all of your eggs in one basket.” You may have heard of this statement over the years but have you ever critically speculated what it means? Well, in financial terms, this statement implies that you should consider varied investment opportunities to diversify your investments into different industry sectors rather than investing all of your money in a single enterprise. 

Why shall one open up to several investment opportunities?  

If you’re an entrepreneur or business owner, you must have invested considerable money in your brand. But, if you impose all of the money you possess in a single investment, you can not depend on any other investments to bring you profits in case one of your investments falls short and goes into a loss. 

But you shall face a more acute risk of bearing losses if you didn’t contemplate different investment opportunities and instead financed your business with all you possessed. The economic crisis of 1990-91 in our country was a great example of why entrepreneurs need to grab multiple investment opportunities and diversify their portfolios. 

In addition to that, multiple investment opportunities can benefit your finances too. Suppose your brand isn’t as profitable as you reckoned it to be for the period and you need more investment to upscale your brand. The revenues from your additional investments come into play here. You can use a particular investment’s profits to increase your other ventures’ earnings.

Taking up multiple investment opportunities also benefits your business for tax purposes. Numerous investments mean limited sales in a particular venture, eventually leading to either zero or a few tax payments for your business. 

How to diversify your investments. 

Looking up different investment opportunities can be difficult for entrepreneurs or business owners. Every investment an investor makes comes with its share of risks and uncertainties. But if made carefully, these investment opportunities may bear fruit eventually. Here are some advantageous investment opportunities you can take upon. 

1. Starting your eCommerce Business. 

Have a distinct business idea along with a fair proportion of funds? Do yourself a favor and invest in yourself. You don’t need to commence a large-scale industry by yourself, and you can always start small. If you tread on the right path with a fantastic business strategy, you shall start generating profits in no time.

If you already own a business that seems to be growing exponentially shortly, you shall invest in establishing a second branch or a franchise for your brand. Not only will this boost your customer base and brand value, but it would be a considerable investment opportunity to diversify your portfolio.

2. Mutual Funds and Fixed Deposits.

A Mutual fund is a system where a professional money manager accumulates funds from regular investors to invest their money in securities such as stocks, bonds, money market investments, assets, etc. Since several investors are involved in a single mutual fund, the level of risk is quite lesser than that of investing in the stock market by yourself.

If you wish to invest with zero percent risk, you shall consider fixed deposits the most reasonable investment opportunity. It is a system adopted by Indian banks where they hold your currency for a certain period before you can’t redeem your money. Still, the banks provide incredible interest rates going up to 12 percent in some banking institutions.

3. Stock Market

Purchasing the stocks of a public company that looks to be upsurging its brand value in the future can be a great investment opportunity for you to diversify your investments. You receive your income monthly or yearly in the form of dividends, depending on the corporation you have invested in.

Conclusion

Not opening up to multiple investment opportunities will be a bane for every entrepreneur with considerable funds in his pocket. Some of the richest personalities in the world have attained the platform where they stand by diversifying their portfolio and grabbing every promising investment opportunity. Since you’ve read the article, you must have understood why you need to open up to numerous investment opportunities and how you can do that. 

If anyone out there is looking for a platform to commence their online business, you can contact us at Growcify’s official website. Growcify is a SaaS-based company catering to its customers with online platforms such as a eCommerce website or an IOS and android mobile application to establish their brand within just 24 hours including POS System.

Leave a Reply

Categories

%d bloggers like this: