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Showing posts from November, 2019

Why are the entrepreneurs investing in BnB business?

Vacation rentals are booming these days, you are not wrong if you think to invest into this business because this market offers extraordinary opportunities to grow in a long run. Airbnb clone is an interesting topic entrepreneurs should read it sometime. Anyway, let's skip to the main topic. Why would anyone invest in a business? - The answer = to get returns on investments. When the risks are low and returns are high that is a good investment. You see online business does not require big investment, because you don't have to purchase property in physical world. All you need is a website like Airbnb where the guest and host can have an interaction to make a transaction. Now, imagine a situation - for example you are investing $10k to build an online vacation rental platform, actually it costs much less for the develop of BnB business. Even $10k is not that big investment for starting up a business worldwide. Here, you see mere few thousands of dollars can give you ...