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What Business Can I Invest My Money On? Furniture Or Building Materials? - Business - Nairaland

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What Business Can I Invest My Money On? Furniture Or Building Materials? by maninmood(m): 6:12pm On Mar 22, 2012
Your immense and diverse contributions will be appreciated.

If I am to start a furniture company. I am thinking of starting one with a basic amount of 5million naira. What are the pros and cons? And what should I do? Should I invest all the 5M into it? Must I learn about furniture making before starting it? Is it something of long term?

A friend of mine is advising me to start selling building materials? Which one is the best? Furniture or Building materials?

NB:

I plan to be importing raw materials and employ people here to make it as appeared on catalog. Or depending on the intending buyer, I may import the whole set.
Re: What Business Can I Invest My Money On? Furniture Or Building Materials? by clementcro: 6:41pm On Mar 22, 2012
With just 2m, u and I can start a lucrative agricultural business together, you have the money and I have the idea. if you want to know more,
call 08060595019

Then use your remaining 3m for anyother type of business of your choice.


Thanks
 
 
Re: What Business Can I Invest My Money On? Furniture Or Building Materials? by qsilver: 8:28am On Mar 23, 2012
Think buildin material will be most lucrative becus every body is buildin, companies, govt organs.etc U could also be a suppier to den. If u also want to include cement .i can give a link where can buy as dealer. Jst email me sylvernus.ordu@yahoo.com
Re: What Business Can I Invest My Money On? Furniture Or Building Materials? by adefuwa(m): 8:55am On Mar 23, 2012
@ maninmood,i suggest you pursuit your dream,the furniture business is very lucrative and doing well in the country now and it involves many rooms into the business with the technological innovation that really involves in the business.

there is something you need to understand in the business, is just that is gone beyond furniture that you just called it cos other things are really involved i.e building materials that you 're thinking about would still come up under your interior design and furniture fittings business if you must truly have a good feasibility study and good business plan on this business.

i belt man,this business is a bomb but people yet to see the opportunities in that business.

reach me through my mail for more discussion cornerstoneventure2000@yahoo.com

Meanwhile,you need to be very careful with your business plan if the amount of that money would sustain your dream in furniture business with the technology,competitors,diversification in the industry.
 
Re: What Business Can I Invest My Money On? Furniture Or Building Materials? by JeffGuo(m): 1:07pm On Mar 24, 2012
Hi, I am a chinese doing embroidery painting and furniture in lagos. Have u got a shop and pls mail me your location, I import furnitures from china and i sell it here, may be we can cooperate, for the building materials, i can offer you mesh iron wire n glass shutter. jefferson.guo at gmail dot com
Re: What Business Can I Invest My Money On? Furniture Or Building Materials? by DAPMAN601: 4:28pm On Mar 29, 2012
Sir,building materials are d best option as they are quicker to sell,u can start with supplies of basics like laterite,sharpsand and tiles.We hav several job orders for these item,if u want u can join us.08093063613

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