Tag Archives: Nigeria
Are you planning to start a profitable export business in Nigeria and don’t know which commodity to really ship to the UK, America and Asian countries.
Well, let me inform you that the federal government of Nigeria through its agency the federal Ministry of trade and commerce has recently rolled out a list of approved and prohibited items that can and can not be exported from in Nigeria.
This list is to serve as a guide to new comers and already established exporters, to know the different commodities they can ship out of the country and the ones they can’t.
How to Acquire Property for Business In Lagos Nigeria
Acquiring landed property such as land for building a factory or an Office building for your business in Lagos Nigeria can be very discouraging, especially if you don’t know the processes and procedures involved in buying, leasing and letting out of land and buildings.
Due to Ignorance, a lot of private individuals and business men while trying to acquire some properties for business have lost huge sums of money to dubious land speculators, estate agents and some area boys who let out, lease or sold lands and buildings that turned out to be problematic.
Therefore, if you must rent an office space, lease or buy land and other landed property in
Dear friend,Do you know that your company’s Logo and product name are valuable industrial property (TRADEMARKS) you must guard jealously if you want to remain in business?
In case you don’t know your company’s trademarks are your identity in the market place, it is your trademarks that customers and others will use to identify or distinguish your products in the market when they make purchases. And if you have a particular product that is well promoted, well-known and record high volume of sales in the market then the product logo and name becomes a hot cake that others will want to fake by all means to generate quick cash.
Are you planning on how to expand an already existing small scale business or about to setup a new one but find it difficult raising the required capital? If yes, then cheer up because there is hope for you to achieve your set goals and objectives!
Recently, the Federal government of Nigeria released sum of 1bilion Naira to the National Economic Reconstruction Fund (NERFUND). This fund is to be made available to small scale business operators in Nigeria as short or long term loans facility to stimulate rapid growth in the manufacturing of goods/delivery of quality services for local consumption and export.
The amount to given out as micro credit loans is between N100, 000 to 5million Naira at 2% interest rate payable in three years.
You are welcome to NaijaBizCom blog; Iâ€™m Stanley Ohenhen Chief executive officer of AIFESEHI Ventures, a production company base in Benin City Edo state, with a branch office in Lagos Nigeria.
We are a registered business outfit with the corporate affairs commission of Nigeria in the year 1999.
We produce and supply quality Palm oil and palm kernel Oil (PKO) to exporters and manufacturing industries in Lagos, Aba, Portharcourt and Kano including other major towns and cities in Nigeria.
Also, we are into the business of supplies of Engineering parts/consumables e.g. Bearings, conveyor belts, chain conveyors, personal protective equipment like safety shoes, workshop overall, protective eye glasses and fire hydrants etc.
Our charges are affordable and we are very determined to serve you better as you purchase our products and patronize our services.
Here is our contact address.
60, Eheakpen street, off Ekenwan road, Benin City Edo state Nigeria.
We look forward to doing business with you.
Fake drugs and substandard packaged foods, have sent a large numbers of people in Nigeria to their early graves simply because these products are widely available and sold in chemist shops and some times in the open market at cheap prices.
Before you start any export business in Nigeria, it is advisable you obtain a licence from relevant government agencies saddled with the issuance of licences to exporters.
Having a licence allows you to legally carry out shipment of commodities approved by government.
There are two government agencies vested with the power to grant export licences in Nigeria. They are: The Nigeria Export promotion council (NPEC) and Federal Ministry of Solid minerals development.
NEPC is saddled with the responsibility of issuing out export licences for agricultural commodities and manufactured goods while the Federal Ministry of Solid Minerals Development is responsible for granting licences for extraction and exportation in Nigeria.
this is due to the high demand for Nigeria cashew in the international market.
Laundry and dry cleaning service is a very lucrative business opportunity you can start today in Nigeria without having cause for regrets.
It is a legitimate way of creating wealth by rendering useful services that add value to the lives of people in terms appearance and hygiene.
Demand for Laundry and dry cleaning services
Majority of people want their dresses to look clean for them to appear nice in the public and any laundry and dry cleaning business man who can give them quality services will surly get paid handsomely.
Many of the clothes we wear today e.g. business suits, expensive laces and brocades require much care than the use of ordinary water and soap for washing.
A professional laundry and dry cleaning services involves a process that uses a variety of chemicals rather then the use of just ordinary water and soap.
Before you start a profitable laundry and dry cleaning business, you will need to get some basic skills that will ensure your success.
You will need to build a strong customer base through sound customer care services
Also to succeed in laundry and dry cleaning business you must be passionate in rendering quality services.
REQUIREMENT FOR START-UP IN DRY CLEANING BUSINESS.
The major requirement for starting a profitable laundry and dry cleaning business actually depends on the initial capital to be invested.
Capital Needed to Start Laundry and dry cleaning Business
You can start from the scratch, I means on small scale with even less than N100, 000 and can also start on an industrial scale where you will need to buy expensive machines with at least N10million and above.
2. You need to acquire practical skills in laundry and dry cleaning;
To successfully operate a professional laundry & dry cleaning business services, you will need to acquire some basic training from those who are already in the business.
This training you will equip with knowledge on how to handle clothes and different fabrics professionally to satisfaction of your customers.
3.Basic equipment required for setup.
Steps to Start Small Scale laundry business In Nigeria
To set-up a small scale laundry business you will need a washing that can wash about 5kg
An ironing board or table.
At least a 3kva power generator for alternative sources of power supply in case the public power supply goes off.
But to setup an industrial scale laundry and dry cleaning business, you will need an Industrial washing machine, industrial dryer and industrial ironing board.
4.Space and location required for setup.
The location and size of space needed for setting up a dry cleaning matters a lot, because this two factors will also determine your rate of success or failure.
busy industrial areas
Also your working space should be able to accommodate all the equipment you will need to do the business.
You can rent a shop or an office space to start your dry cleaning business but, if you canâ€™t afford the initial cost then you can as well use the free space in the house where you live as an operational base.
5. You need to get customers.
Customers are the key to the survival of any business!
Apart from profit consideration you must think of how to render quality services to both new and old customers who in return will patronize and pay you for the services rendered
So you can start marketing your business to people around your neighborhood but with a promise of rending quality services to them.
Print business cards and share to potential customers.
Print hand bills and distribute to potential customers
Type letters of induction for your business and mail them to companies in your town or city.
6.Materials needed for laundry and dry cleaning of fabrics.
Powder detergents for washing white clothes.
liquid detergents for washing colored clothes.
liquid cold water starch.
Clean water supply.
Stain removing chemicals.
How to fix your own rates.
So before you fix the rate your customers will pay for your services, you will need to find out the current rates other operators in your location are charging and then fix yours appropriately.
Your rates should either be the same with what other operators are charging or a bit lower to attract some customers.
Note. With aggressive marketing, quality services and a fair pricing you will be encouraging more customers to do business with you.
Laundry and dry cleaning is indeed a good business opportunity in Nigeria because it has a high return on investment.
Therefore, I urge entrepreneurs to take advantage of this great opportunity to setup a profitable laundry and dry cleaning services that will attract lots
Due to advancement in science and technology, the industrialized countries of the world spend billions of dollars annually on import of solid minerals for manufacturing purposes.