Transportation business is one of the most and best lucrative business we have in Nigeria.
Most people are avoiding to venture into the business because of the attitude and behavior of those they handed over their buses, cars, tricycles and motorbikes to. Clearly, their attitude is out of this world when it comes paying back.
Nevertheless, when you buy any of these means of transport for business, we have 2 types of paying methods.
1. Daily payment method
2. Weekly payment method ( installmental)
More so, I will advise you to shelve daily payment because it is risky for your business. Though, it might seems you are realizing the money at the initial stage but believe me ,the business is going to lock down before you get the whole money.
Advisably, the second option is ok but there are ways we can go about it to make it more easier for you to get your money back.
1. There are private companies that can take on your burden and make sure your driver or rider pays you on regular basis. I have companies I can recommend for you. All you need to do is just to pay them their own commission at the end of the business. They make sure your money doesn't fails every week. And all legal documents are duly signed.
2. Another option is for you to look for the responsible chairman of the pack to give it to for proper handling and monitoring.
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