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Friday, July 26, 2013

Small Business Startups

1.       The Federal Institute of Industrial Research in Lagos provides ample info on how to start & succeed at small businesses in Nigeria. Contact FIIRO for more info

2.       Sorghum is in high demand for local & intl use. Grown in the north, sorghum is used by distilleries & for livestock feeds. Start a business as a Sorghum seller

3.       Do you know that Nigeria is one of the highest producers of leather in the world? You can export this leather to Europe & America where they are in high demand
4.       There is a high demand for Nigerian Coal worldwide due to low sulphur & ash content. Kogi & Enugu are the highest producers & u can be an exporter of this item

5.       Sale of yam, plantain & bean cake is limited to roadside sellers. Take it to another level by setting up nice outlets where people can buy & enjoy this meal

6.       Tips to business names: it should sound good when said aloud; it must have meaning & convey benefit; avoid initials & ensure its a name that can be trademarked

7.       You can publish journals/magazines targeted at specific professions such as medical, Safety & Health, Law etc and sell such to your niche market

8.       Start a post-construction cleanup service. Clear up debris and clean up newly built houses or offices for a fee. You'll always be in business

9.       Sale of Nigerian movies is a hot market in Africa and beyond. Get approval from movie producers to market and sell their movies in other parts of the world


10.   People are always looking for jobs, just as companies for employees. Start Job Placement service & get commissions from both the employee and employer

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