Business That Will Earn You a Fortune

[Highs]

The oil palm is an African tree. It's grown in west and central Africa. Oil palm has so many benefits, we can call it raw materials for several products. Palm oil and Palm kernel oil are obtained from it which can be used for the production of other products like cream and soap. This business requires a lot of money to start and patience is needed too.

It takes years to grow and bear mature fruit. You will need a large land area. This plant is needed locally and internationally so you can make your choice of sale. If you can successfully start this business, you will get so rich before you know it. Would you go into this kind of business of you have some reasonable amount of money?

 

[Tobytee]

Palm oil is the most widely used vegetable oil in the world, many palm oil producers are adopting sustainable practices such as RSPO (Roundtable on Sustainable Palm Oil) certification. I agree with you that the business is very lucrative

 

[Mika]

I do not have experience in this business model and palm tree does not grow here. However, there are businesses in the country that imports raw palm oil, process the raw palm oil and then exports the refined palm oil. They are making a lot of money. Most of the people who are in this business niche are millionaires. However, to do this business you need import and export license and you also need a lot of money to get started as you are mostly dealing with international trade.