Own A Few Millions of Naira: What Business Do I Start

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tinard (m)
Own A Few Millions of Naira: What Business Do I Start
« on: August 22, 2006, 07:59 AM »

I own few millons. I was thinking of starting a supermarket business in Nigeria. I don't mean a kiosk i mean a real supermarket like Tesco or 4 sake of American readers Walmart. My contact in Nigeria believes a cyber cafe would also be nice so he wants to do the two as his major is in computers. Thereby reducing the size of the supermarket. I also have reserves now expecially since Harrods amongst a few others are coming down to Nigeria-Calabar to be precise.

Since the consumers will be my fellow Nigerians with the first store to open in Lagos then with success hoping to move to Abeokuta then Abuja and so on, I decided to post these question and find out what you guys think. Please speak your mind. I really don't mind what you say even if you think the comment is stupid.

If your comments are satisfactory I will elaborate more about location, size of the first store etc.
Wumine (f)
Re: Own A Few Millions of Naira: What Business Do I Start
« #1 on: September 27, 2006, 12:07 PM »

please come over to abuja and lets spnd it! life is short you know! Grin Grin Grin Grin
TEE ZERO (m)
Re: Own A Few Millions of Naira: What Business Do I Start
« #2 on: October 05, 2006, 04:19 PM »

Don't you think it is necessary that you could just spend perhaps a week or two out here to even get the feel of what is going on here. Ask questions. Get answers. Am not saying you should not trust your contact, but as they say, seeing is believing.
mimigirl (f)
Re: Own A Few Millions of Naira: What Business Do I Start
« #3 on: October 08, 2006, 09:22 AM »

Well, if you don't mind. Music and movie making is another business in nigeria that one could acrue alot at the end. I have a good gospel tape on demo that you could walk on and an interesting screen played story you can also execute on. Thank you 
mimigirl (f)
Re: Own A Few Millions of Naira: What Business Do I Start
« #4 on: October 08, 2006, 09:23 AM »

Well, if you don't mind. Music and movie making is another business in nigeria that one could acrue alot at the end. I have a good gospel tape on demo that you could walk on and an interesting screen played story you can also execute on. Thank you 
Ndipe (m)
Re: Own A Few Millions of Naira: What Business Do I Start
« #5 on: February 13, 2007, 10:47 AM »

Your best bet would be to have a feasibility study on the pros and cons of starting a business. I highly doubt that you can jump into the business arena, without having one. It is wiser that way, than to ask solicit for information on an online forum. While opening a shop may be lucrative, the challenges of operating without constant electricity, the location, parking, theft can be daunting. Cybershops could be a better alternative, but those were springing like mushrooms not too long ago. I say, if you are knowledgeable with computers, establish a cybershop. Then, your feasibility study and money should be your ultimate decision on what business to establish.

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