Try to look around in your community and identify the three (3) oldest existing businesses and find to ask the owner on how did they started their business and sustain it until today.
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Answers
Answer:
1.hide and skin 2.baking bread 3.building house
Explanation:
hide and skin business was able to be started in 1977 in lagos. they were able to sustain this though money called ego in igbo
Pot makers, Traditional sweets, Handicrafts business are the oldest existing businesses
Explanation:
With increased technology and western effect, people rely more on quick and ready made products. They do not prefer buying traditional products. Many have left their traditional values and culture because of western influences. Some of the old existing businesses like Pot making, Handicrafts like weaving, bamboo stick crafts still managed to continue their business.
One of the old and traditional businesses which involves a lot of hard work and craftsmanship is Potmaking. It takes almost 7-8days to make a pot. These are the traditional businesses. They get the work from their parents and grandparents. It is sort of a family business. Earlier, there was less technology and more dependency towards hand made products. But now-a-days, people wish to buy posh and attractive products. They see them as a symbol of prestige. Still, there are few who buy hand made pots and clay products.
How do they manage their business?
Earlier, many used clay products. So, the profit margin was good. But now the situation is upside down. They sell them at a very cheap price which is less than their production cost. In spite of the loss, most of them are continuing the business to keep the tradition, atleast the forthcoming generation would know them.