What's the point of having a business if it doesn't make a profit?

[mstakh.i.mo.mi]

Homestays are usually located in areas quite far from the city. Why choose a homestay business? If we ask every homestay business owner and operator why they chose to start this business, we might get a variety of answers. Everyone has different reasons and motivations for why they choose to start a business. Below, I have listed some of the reasons why people run a homestay business. successful-homestay-business-entrepreneur (1) Reason for making profit It's natural for any individual who starts their own business, of course they do it to make a profit.


That is why it is important for any individual who wants to start a business to conduct vnpay database market research first to identify the demand for a product or service . Only after you have enough information can you start the homestay business. I have noticed a trend where buyers are purchasing new condominium unit properties for the purpose of turning them into homestay or guesthouse businesses.


Is this the right and profitable course of action? I don't have an answer to that question. Any individual who wants to purchase property for business purposes should conduct market research first. If you just listen to real estate agents, they might say this is the right course of action. The advice they give may be a little biased since they really want to convince you to buy the property. But if you do your own research, you might get better answers than just listening to advice from an agent.