The all time
high rate of unemployment in Nigeria today is a great cause for concern.
Instead of been bent on looking for a job, why don’t you look inwards. Could
you venture into snail farming? Gladly, snails are in high demand and very
costly too. For this reason, there is a high profit potential. In other words,
it is a very lucrative business you can start right away.
businessexpo2
Monday 30 November 2015
Sunday 22 November 2015
A CONSIDERATION OF GROUNDNUT BUSINESS
The focus of this article is on
the finished product, getting the groundnut ready for consumption. So it
excludes the planting and harvest phase. Today, groundnut often packaged in
bottles, is a highly sought after product in almost every home.
Tuesday 29 September 2015
HAIR CUT BUSINESS- THE SECRET OF MAKING MONEY EVERYDAY
Are you unemployed? Do you still
go about knocking at different offices distributing your CV everywhere? Well,
if you would listen to my advice you will discover how you can create a job for
yourself with ease. Have you ever thought of establishing a barbing saloon?
There is good news for you. Are you aware that most barbers make an average of
2500 naira everyday, and a whooping 75000 monthly? Yes, it is the amazing
truth. I write this article in a barbershop.
The most interesting part is
that, after set up, there is little overheard bills to pay. Also, you enjoy
repeat patronage from clients.
ACQUIRE THE NECESSARY SKILL
Once your mind is made up, you
need to take further steps. Try to acquire the skill. Look for a good barber
shop around, and do your training there. With 5000 or 10000 naira, depending on
the barber fees, you are off to a great start. If you are serious with it, your
training will not exceed one year. After which you are a master of yourself.
Now that you have the skills, what followings?
COUNT THE COST
To start, think of the cost to
establish your own barbing saloon. What you need are: rent a store, you need
two clippers, furniture, two big mirrors, fans, other barbing accessories,
tower warmer, sterilizer, television, generator, etc. If you don’t have funds
for the take off, you could work for another person to raise capital.
Drop your
comment below or call 07031384722 for further advice.
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Wednesday 16 September 2015
5 REASONS WHY BUSINESSES FAIL WITHIN 2 YEARS OF ESTABLISHMENT
Starting a business is a great
idea. Everyone wants a flourishing business. When you see your neighbor doing
so well in his business, you cannot help but to envy him. You begin to
think about establishing the same kind
of business, if possible, in the same location. You source for capital for that
purpose. At this point you feel you have all it takes to start on a good note.
However, the truth comes out,
rather shockingly. Business is slow, as against the flourishing one you had
dreamed of. After two years or so, you are neck deep in debt. Paying the rent
and overhead become a big challenge. Gradually, you make up your mind to shut
down the business. Well, here are some of the prominent reasons, maybe unknown
to you, that were responsible for the factors that led to final close down:
1. Not
enough customers or patronage. Whether you like it or not it takes some time to
grow your customer base. Never you think that just because you opened a new
business, that customers will automatically patronize you. It is a process, you
have to woo your customers. In truth, they already have someone they patronize,
so they don’t have enough reason to check yours out. To succeed you have to woo your clients like a lady.
Also you have to learn how to outsmart the competition
Also you have to learn how to outsmart the competition
2. Your expectation was too high. You expected the
business to generate as much profit as possible. This too is a process.
3. Your
business is rather new. Potential customers need time to know and understand
you before they can bring any business to you.
4. You
relied heavily on the business to pay all your bills. You probably spent all
your profit and even chipping away your capital. This is risky for your infant
business.
5. You
probably lack the necessary skills to grow your business
Please drop your comment below,
if you had experienced this problem.
07031384722 for business consultation
Saturday 22 August 2015
BUSINESS STRATEGY: YOU HAVE TO WOO YOUR CLIENTS LIKE A LADY
Understanding customer behavior
is an art. It takes a lot of experience and careful observation to figure this
out. The customer is your boss, he can fire you anytime you make any silly
mistake. Without them your business will close down. Just as you woo a lady
with all manner of tricks, you do the same to your customers. More especially
if you want them to patronize you again and again.
Some business men and women often
pick offense at the slightest provocation. While it is true that some customers
are annoying, it takes real patience to remain calm. No wonder it is often said
that customers are always right. When you go the extra-mile to please your
customers, you will enjoy their continuous patronage.
From experience I have learned
never to give up on any client that
seems difficult to persuade. This is a great factor if you must succeed in real
estate agency. Sometimes after showing clients certain property, it takes a
while before eventually making up their mind to buy the property. In this case
I have learned to apply gentle and subtle persuasion. This same rule applies to
all businesses.
THE BOTTOM LINE: Always treat
your customers well. Remember, first impression creates lasting impression. And
there is no second chance to a good first impression. Woo your customers like a
lady.
QUESTION FOR READERS
1. Why
is it important to treat your customers well?
2. How
do you woo your customers?
We value your response. For a
consultation, please call 07031384722
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HOW MRS. CYNTHIA MAKES SO MUCH MONEY FROM AKARA(BEANS BALLS) BUSINESS AND HOW YOU TOO CAN
Beans balls business, popularly
called akara, is often ignored by so many people. They don’t think you can make
real money from it. As research and my observation show, you can make cool cash
from it without so much stress. A case in point is Mrs. Cynthia. She lives in
Ugbowo, Benin City. She is a professional in this field. Very early in the
morning she resumes work.
By 7.00am customers are already
queuing up to buy akara. She fries so much akara but within twenty minutes all
are bought. She also sells bread and pap as complements. In the evening, she
does the same thing to the extent that her spot became very popular in the
area. Without a doubt, she makes quite a lot of money from her business. Even
so, she has two children she is sponsoring in the university single-handedly,
and while at the same time running other projects.
You too can succeed in this
business. All you need is to learn the way it is prepared, otherwise you will
end up doing badly in the business. This reminds me of a woman in my area that
does the same akara business. One day I decided to buy from her. However, I was
disappointed as the akara was tasteless. I never patronized her ever again.
This business only requires a
modest investment to purchase materials
such as frying pan, groundnut oil, spoon, beans, etc. Once you have them you
are ready to start. Meanwhile you need an ideal location for this business.
Another point to bear in mind is that once you get started, you have to be
consistent so that customers know when to find you.
In case you need additional
information as regards setting up this business, be free to give us a call on
07031384722.
QUESTION FOR READERS
1. Is
this business lucrative?
2. Does
location affect this business?
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HE TURNED A SINGLE IDEA INTO A FLOURISHING BUSINESS
A man and his wife started a
business together. They rented a store at Ekenwan road, Benin City. They were
selling DVD’s and phone accessories. Sales was low. Apart from that they were
compelled to pay tax by the Copy Right Association of Nigeria(COSON) before
they could play any music to advertise their line of business. Its either they
pay the tax or they get out of the business.
They were running into debts. In
the midst of this, Okoro and his wife kept wondering what else they could do to
stay in business and thus pay their bills. Then suddenly the idea of running a
restaurant popped up in their mind. They started with beans, and before long
they were getting patronage. Soon they included other meals on the menu. They
now prepared rice, dodo(fried plantain), fried potato, etc.
As of this moment, the business
is doing great. I go there to eat lunch once in a while. They have employed a
sales girl to assist them in the business.
THE LESSON
Just like Mr. Okoro, you too can
succeed in whatever business you lay your hands on. All you need do is to
understand the kind of business that will thrive in any kind of environment. Be
patient and before long your business will thrive. I wish you success in your
endeavors.
QUESTION FOR READERS
1. Have
you tried any business before, did you succeed?
2. What
kind of business can you start now in your environment?
In case you are confused about
the kind of business that suites your area, be free to give us a call on
07031384722 for a consultation.
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