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. 

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
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