ayommy12:
Agro product will always be selling at a fast rate, however, you need to have your target audience that will constantly buy from you. On my own part, I desire owning a bakery for bread making but I need two major things to get started: more cash to be added to the capital at hand and how to be trainined for it.

twentyk:
I haven't done no business all my life but i believe im gonna be a terrific business man...i av recently discovered somthing i can be very ruthless

dfrost:
Musiliu, stop here. Conductor I no dey go Agege again. Bring change come.

Observing intently.

Bobugee:
Good. It's a good thing because you've taken the bold step not just a mere wistful wish. Now you have penetrated into the market, what is left for you is to immerse yourself in the business. Get and read books on management.(You can always pick few copies of the book from the bookshops or Google up and download soft copies online)

Endeavour to apply the principles therein. It will help strengthening you and at the same time broadens your scope of understanding of the business.

Wholesale of Pipes, Bricks and Cables is a very lucrative business and in other to sustain itself,should be groomed very well. Work most on broadening your client's base. They are the lifeblood of your business.

Make it a duty to get fresh contracts from every customer you serve after your initial business with them. Then watch your business grow with time.

codedlee:
Hi.. I have this little money with me that I wish to invest and start a business but I don't just see anything to start with. How can someone have 500k and still no business... I thought abt owning a boutique but d business is everywer

frankyfranky:
What business can one do with #200/#300k?

EMMNIG:
Sir i stay in kaduna, a plumber and water fountain expert but contract job is not easy to come by, so want to go into small business. But am confuse as to what business line to follow, though i thought of selling plumbing materials, or going into chairs and canopies rental. Got 700k. pls help me out

andyboi4real:
how do I start recharge Card business?

Bobugee:



50k is just enough to start trading something but it has to be a thing you are very conversant with. With adequate information you will achieve a lot with it.


1st, what are your skills and talents? Are you good at serving others.

You can venture into school-based businesses that require small start-up capital; Photography etcetera...

Ahmed99:
I can sell drugs I.e a chemist shop I have d certificate... am a barber but barbing requires time and wouldn't want to place more emphasis on d work at hand dats d two skills I ave

Bobugee:

Over the past few years, I have had the luck to be exposed to a great businessman and self-development specialist. Through my years as the Managing Director of Emmadav Global Link Limited, a major exclusive retail-based Provision/ Cosmetics/Wines/Foodstuffs store located in the heart of Garki Abuja, I have discovered timeless idea that have added enormously to my business and my personal life.

As part of my work , I have studied and read tones of career books, columns, newsletters, articles etc on business success, career progression  and meet many rich business oligarchs and I have had the chance to learn from them firsthand__all the while making notes, collecting ideas, and keeping them in a secret file. 

Because of these opportunities I'm now able to bring together in summary the best of these ideas. I have brought them together in a new way _succint, hard hitting, to the point _that you can use to make your own small business, and your life, as success as you wish.


It's not just reading and meeting great minds that make these principles so real for me. I have been lucky enough to build a successful business from scratch, make it grow, and in the process work with some of the leading business people in different places/offices.

Emmadav Global Link is, as I'm talking to you now, one of the busiest retail based Provision shop in Garki Shopping Complex as a whole. I have worked with multi-million naira companies, to develop their businesses and ours. I have also been opportuned to do business with some Non Governmental Organisations, Ministries, Government palastatals, Agencies and Media Firm. The great experiences mean I 've lived and worked in a world of ideas, and in the practical world of business. I 've had the chance to taste both, and to take what I can to make my life and our business a success. The experience has allowed me to move on to a new and existing projects and opportunities.

Through this, I have discovered that when you know the right things, the boundaries around your life suddenly disappear. In this thread, I would like to bring together ideas and principles that I have found of enormous value in conducting Emmadav Global Link Limited and my personal life. I hope to bring together for you the best of what I have discovered in my journey as a steward.

So this thread is a public meeting place for open discussion for our small businesses. Are you a shop owner, do you wish to own a shop? or know how to establish a retail based business and grow it to become a top notch in your area?


Okay, come in. It's all about we, our business and us.


Let's talk.

Bobugee:
Plumber and Water Fountain expert? That's one of the major reason why you should stick to what you have been known for years.

Venturing into a new business requires a lot of patience and resilience to get it up. Except if you have enough cash to manoeuvre the everything.


I will advise you to stick to your Plumbing and Water Fountain business. But first of all, you need to decide what kind of plumbing business you wish to engage in, whether it is service-oriented or product-Oriented or the two combined all together.


Obviously, you would need a plumber for this trade, preferably a skilled plumber who can install and repair piping systems, plumbing fixtures and water heaters. As a veteran plumber, you need to know where to find reliable and trustworthy plumbers. Try to hire ones that have the most experience and are able to do quick work with minimal supervision.

If you have inexperienced workers, it would be best to apprentice them with your veteran plumbers on their first few runs. As a seasoned plumber, it is your duty to buy the equipment and tools your workers need, get them to your clients when called and bill your clients accordingly.


Actually, the plumbing business is a lucrative trade, if and when your plumbers can get to a job on time. I know and I have seen quite some number of plumbers who earn and live decent live through the plumbing business.





I would also recommend creating a business plan before you start your plumbing business. It's essential to plan out in writing the type of clientele you want to target, how you will be reaching your target market, what kind of marketing plan you may have.

Try to assess the costs before you officially start, and save half to one year's worth of salary before you quit your current job. You may not have customerrent job. You may not have customers right when you start, so the extra cash will come in handy while you're growing your business.

To keep costs low, you can find tons of low cost resources through other plumbers. One other suggestion I have is to keep on top of administrative tasks such as billing and collecting payment from customer. But this should be immediately after you might have set up the business.


Cheers!
GOD BLESS U SIR

Pidgin2:



What are the benefits and drawbacks of owning a business account

Juliana7:
Op, nice thread. Keep it up. Thanks