The Idea here is to join in the supply chain from farming of cassava to the supplying the harvested Cassava to the place where it would be processed.

• Look for a Cassava farmer or any very large Cassava farms.
• Search for companies that need cassava as a raw material (Google search)
• Get in touch with them, and find out the quantity they would need.
• Be sure to know the quantity you can supply.
• Rent/Buy a truck for the trip
• Agree on price with the farmers, and the Company.
• Charge your logistics, sufficient enough for running cost and a reasonable profit
• Collect from the Farmers, supply to the Factory or processing locations.


2. The Market
The Market is vast as Cassava has a wide variety of applications. One of the applications being Garri makes up a part of the daily meal in some Nigerian households. The other uses of Cassava, e.g, flour for Cassava bread, feeds for Agriculture, industrial starch, Ethanol for Bio-fuel, etc. all makes the demand for Cassava so high that it seems Nigeria cannot sufficiently supply enough to meet this both local and global demand. Joining this supply chain would help in facilitating the ease of getting the produce straight from the farms to where they can be stored, preserved or processed. This would also ensure that all the harvested produces are maximally used.

3. The Business

Value Proposition: Logistics for Cassava produce, ease of transportation of harvested produce to the processing locations.
Customer Segment: All companies that use cassava in one way or another as a raw material for their production.
Distribution Channels: Vans, or other vehicles that can transport the harvested products.
Customer Relationship: Direct
Key Activities: Selling, negotiating, food products logistics, customer service, delivery etc.
Key Resources: Truck, Workforce (driver, drivers mate, etc.)
Key Partners: Cassava processing businesses, Farmers, Government, regulatory agencies, Associations, etc.
Cost Structure: Truck purchase or rental, Staff pay, work related accessories, licenses and registration, etc.
Revenue Stream: Payments for Logistics

4. Competition

As I observed, there are already some people in this line of Business so if you intend going into this, you would need to have a competitive advantage over the others. You could also identify a niche industry or location which you could serve.

5. Risks

There is the threat from other African countries that currently have markets in Nigeria they are serving. Some Nigerian marketers may be importing from them and also adds to competition. If these businesses using Cassava for their operations go out of business, then this logistics services business would suffer.

Summary

I guess it is safe to say that Cassava would always be in demand. For as long as Garri consumption and other uses of Cassava remain, this middleman-logistics business would remain.


So until next week, Stay inspired…

For more information, comments or feedbacks, get in touch.
Twitter: @Mrebis
Email: mrebis1@gmail.com

Thanks to everyone following.

The idea of these is still to help Nigeria out of our recession. We can look inward and create these Businesses that will create employment and generate revenue for us.

It may not be easy as there are bottlenecks and other impediments that makes the Nigerian business environment tough/harsh.

So ask for help where you need to, so those who have the knowhow on how to go about these things, can point you in the right direction.

Connect with @mrebis on twitter

following, keep it up

God (Nature, Universe, Source) will not plant you in the Garden and still maintain or do the work for you.
-@mrebis

Good morning,

Do you want to work or you just want to get paid??

Idea 8 of 52 loading.

Idea 7 of 52 - Mango - Value addition + Storage

From February through to April seems to be the period the Mango trees produce their juicy succulent naturally sweet fruit. The Mango trees are also abundantly present in various states in Nigeria.

The Mango fruit is high in nutrients, rich in taste and flavor and is a favorite fruit for some people, but there are some challenges to face in its growth-harvest-market cycle. They include; attack of microorganisms, short shelf life, poor handling during transportation and storage.

1. The Idea


1). Transportation
There are villages or locations with loads of Mango trees. If one can identify these locations, and charters a truck to transport the mango fruits from where they are in abundance to the market where other retailers could buy, then one would make a cut for logistics (middle man) services provided.


2). Storage
Due to the short shelf life, ripe mangoes that don’t make it to the end consumers on time would go bad and be wasted. One can set up a Business around buying the unripe mangoes, keeping it, and storing it in a way that would increase its shelf life, so that in 4-6 months time when the most of the Mangoes are out of the Market, the stored Mango fruits could be released and sold at premium price.

Tips for storage
• To freeze: (1) Wash, peel and slice mangoes; (2) Place mango slices in a single layer on cookie tray in freezer; (3) Once slices are frozen, transfer to airtight containers or heavy-duty freezer bags and return to freezer.
• Freezer time shown is for best quality only — foods kept constantly frozen at 0° F will keep safe indefinitely.
Storage in Refrigerator will increase the shelf life by 5-7 days when ripe while freezers can preserve the mango fruits for 10-12 months

3). Mango Smoothie
Instead of leaving Mango fruit to ripen and get bad, one could add value by making a smoothie drink, packaging it and selling it.
Here is a recipe for Mango Smoothie by -Sarah Copeland

Ingredients
1. 1 cup chopped ripe mango
2. 1/2 cup low-fat milk
3. 1/2 cup ice
4. 1/4 cup plain low-fat yogurt
5. 1 tablespoon honey
Directions
1. Place the mango, milk, ice, yogurt, and honey in a blender.
2. Blend until smooth and frothy.

Idea Summary
Logistics
• Look for Mango farmers or locations with large concentrations of mango trees.
• Search for Markets or Mango fruit retailers
• Get in touch with them, and find out the quantity they would need.
• Be sure to know the quantity you can supply.
• Rent/Buy a truck for the transportation (logistics)
• Agree on price with the farmers, and the Retailers.
• Charge your logistics, sufficient enough for running cost and a reasonable profit
• Collect from the Mango fruit farmers, supply to Market

Mango Smoothie (bottled and labeled)
• Look for Mango farmers or locations with large concentrations of mango trees.
• Search for Markets for your packaged smoothie (Shoprite, Spar, etc.)
• Get in touch with them, and find out the quantity they would need and how much you can produce and supply.
• Arrange for your delivery to them (logistics).
• Fix your price for your smoothies, sufficient enough for running cost and a reasonable profit
• Collect from the Mango fruit farmers, make your Packaged Mango smoothie, supply to Stores.

2. The Business

Value Proposition: Logistics service for Mango fruit farmers, ease of transportation of harvested Mango fruits to market. Packaged (bottled) Mango Smoothie.
Customer Segment: Mango retailers at markets, departmental stores.
Distribution Channels: Vans/trucks, or other vehicles that can transport the harvested Mango fruits or the produced Mango smoothie.
Customer Relationship: Direct
Key Activities: Selling, Food processing, negotiating, food products logistics, customer service, delivery etc.
Key Resources: Truck, Workforce (driver, drivers mate, etc.), Food processing assistants, Sales team
Key Partners: Mango retailers, Mango Fruit Farmers, Government regulatory agencies, Traders and Food Manufacturing Associations, 3rd party logistics etc.
Cost Structure: Truck purchase or rental, Staff pay, work related equipment, licenses (NAFDAC) and registration, etc. Be sure to understand all the cost implications before going into this.
Revenue Stream: Payment for logistics service + Sales of Mango Smoothies

3. Competition

Mango trees can be found in many cities and villages in Nigeria, and just as you can go into any of the Businesses highlighted here (logistics, Storage or Mango smoothie), so can others. This increases the possibility of more competition for your Business. So stay competitive, you would need to work on having a strong competitive advantage, whether in quality of service delivery (product made), lower prices or just serving a niche location.

4. Risks

Seasonal fruit – can prolong shelf life as highlighted earlier.
Storage should be rightly done or the Mango fruits could go bad or lose nutrients
Poor handling during transportation can damage the fruit.
Government intervention (Policies + taxes)

Summary

We have discussed how you could take advantage of this seasonal Mango fruit to create a Business either through transporting the fruits to the retailers or where they can be processed, storing them for later sales months later, or processing and packaging your own Mango smoothie brand.


So until next week, Stay inspired…


Links
Storage http://www.stilltasty.com/fooditems/index/17635

Smoothie Recipe http://www.realsimple.com/food-recipes/browse-all-recipes/mango-smoothie

For more information, comments or feedbacks, get in touch.
Twitter: @Mrebis
Email: mrebis1@gmail.com

nice ideas op, I once thought about the ice cream business

Nice one Op, I really think this thread should be moved to the front page, thousands of youths are jobless whereas there are lots of unexplored business opportunities as explained by Op. The sad thing is that many youths might not even open this thread, but if it was one girl opening her chest on BBN or pdp and apc thread they would have throng it.

Thumb up for the OP.
Your insightful ideas are simple, practicable and expository.
Thank you!
Lest I say its more than front page worthy.

Woooow . I can't believe we have a lovely thread hiding here that can be very beneficial to people like me.



I am just in search of a good and viable business I can start with #300,000 since I have been jobless since 2015. I hope the op can really be of help and assistance to people like me beyond what is written here.



God bless the op.



NB: I think the reason why this thread is not yet on the front page is to protect the efforts of the Op. by the time it reach the front page all manners of people will start commenting and they may even end up frustrating op out of the thread.

I once tasted this pineapple snack at the Oyo State NYSC orientation camp during the SAED in-camp training. So I have decided to share this to everyone as this could be a good source of employment and revenue generation to anyone who would be able to properly prepare and package this for sale.

I found an article (http://www.mygutsy.com/pineapple-chips/) that was really helpful and would highlight some bits that would add more depth to the presentation of this Idea
Dehydrating the pineapple at 135 degrees using a dehydrator can make this snack. To keep much of the enzymes intact, the temperature can be lowered to 100 degrees, which would mean much longer time would be required. The snack is suitable to take along on your way or even in the care without the juicy fruit dripping down your arm

You can choose how you want the texture to be, either crunchy (chips) or chewy (candy). It is preferable to use ripe pineapple to get a better appearance of its sweetness and flavour
Idea summary
• Get a Pineapple farmer, or get to a location where you can them in large quantities
• Cut into intended shapes and dehydrate
• Package the snack
• Sell to retailers
Nutrition
Pineapple chips provide special nutrients to us. They are filled with Enzymes! Enzymes help to digest all our other food. They help keep your digestion smooth and sound. The main enzyme in pineapple is called bromelain. Bromelain, is also known to boost immune function, is anti-inflammatory, and helps speed healing of scrapes and scabs.
Keep the Enzymes!
To keep the enzymes in pineapple chips, you need to dehydrate at a low temperaturee. Dehydrating at a low temperature will ensure the enzymes stay intact and do not become denatured or unraveled. I would suggest using a dehydrator for this and keeping the setting at 100 degrees. If you don’t have a dehydrator, then an oven can work, but the enzymes will most likely not be active (in the end) due to the higher temperature. No worries, the taste is the same!

INGREDIENTS:
1 pineapple
DIRECTIONS:
1. Chop off the top and bottom and cut off the edges “skin” of the pineapple (I find a serrated knife works the best). Keep the pineapple whole

2. Slice the pineapple down the center, so you have 2 halves.

3. Lay each 1/2 face side down, and slice 1/8 ” slices (pretty thin, but not falling part).

4. Spread the wedges onto a dehydrate tray (I use 3 Exchalibur trays for 1 pineapple). Make sure the pineapple is not touching. ** oven directions below

5. Dehydrate in your dehydrator for 15-20 hours on 100 degrees. (15 hrs = chewy & 20+ hrs = crunchy) * quick way below

6. Take them out of the dehydrator and test for preferred texture (crunchy or chewy). They will harden more as they cool.

7. Store extras in a glass ball jar! Enjoy your GAPS “candy”

Follow the link at the end of the article to read more on the preparation.

The picture below shows an already packaged Pineapple chips product for sale in Costa-Rica. A Nigerian brand can be birthed which would easily create jobs and generate revenue.

2. The Business

Value Proposition: A burst of sweet-pineapple-flavor that literally has a party in your mouth. Crunchy/Chewy healthy snack for the consumer’s nourishing delight.
Customer Segment: Corner shops, retailers at markets/Traffic, departmental stores.
Distribution Channels: Product depot, departmental stores or retail shops
Customer Relationship: Direct & Mass
Key Activities: Selling, Food processing and packaging, negotiating, supply chain management, customer service, delivery etc.
Key Resources: Workforce (Food processing assistants, Sales team, delivery team), Factory or processing facility and equipment, Management team, quality control officer etc.
Key Partners: Pineapple retailers, Pineapple Farmers, Government regulatory agencies, Traders and Food Manufacturing Associations, 3rd party logistics etc.
Cost Structure: Staff pay, work related equipment (Oven, Gas supply), licenses (NAFDAC) and registration, etc. Be sure to understand all the cost implications before going into this, these are just a few.
Revenue Stream: Sales of Pineapple chips

3. Competition

There are no strong barriers for entry into this business and so you are presented with an opportunity that is also available to possible competition. In order to stay competitive, you would need to work on having a strong competitive advantage, whether in quality packaging, service delivery (product made), lower prices or just serving a niche location.

4. Risks

A good understanding of the pineapple planting and harvesting cycle so as to avoid failing to meet demand due to a shortage of pineapple fruit supply would be a good mitigating step in the right direction. choosing the right suppliers is also very important as your supply chain is only as strong as the weakest link.

Summary

It is hoped that, ideas such as this one can put to excellent use, pineapple fruits before they go overripe (bad) due to lack of appropriate storage facilities or difficulties in transporting the harvested pineapples from the farms to the market places. Be sure to do more research on this and seek proper counsel before jumping on this business idea.


So until next week, Stay inspired…


Links
http://www.mygutsy.com/pineapple-chips/


For more information, comments questions or feedbacks, get in touch.
Twitter: @Mrebis
Email: mrebis1@gmail.com

Inspiring!

mimitee:
Woooow . I can't believe we have a lovely thread hiding here that can be very beneficial to people like me.



I am just in search of a good and viable business I can start with #300,000 since I have been jobless since 2015. I hope the op can really be of help and assistance to people like me beyond what is written here.



God bless the op.



NB: I think the reason why this thread is not yet on the front page is to protect the efforts of the Op. by the time it reach the front page all manners of people will start commenting and they may even end up frustrating op out of the thread.

Thanks for following the thread, and thanks for reaching out. If you have specific questions or need any help beyond what is written here, feel free to send me an email on @mrebis1@gmail.com.

New Thread loading.

Hi, Still on our series about getting young Nigerians gainfully employed, we explore the business opportunity Poultry Eggs could offer.

Eggs are a very good source of inexpensive, high quality protein. More than half the protein of an egg is found in the egg white along with vitamin B2 and lower amounts of fat and cholesterol than the yolk. The whites are rich sources of selenium, vitamin D, B6, B12 and minerals such as zinc, iron and copper.

Eggs are in regular demand in Nigeria and can be seen in a lot of departmental stores and street corner shops. They form part of meals in Nigerian homes and also an important ingredient for bakers.

There are poultry farms in Nigeria, which do vary in scale of operations. These farms would presently have their customers they are currently serving and could also be in need of more. To join in on this Business opportunity, check online for poultry farms, or ask around from people currently selling around you, in corner shops, or departmental stores. Find out who their supplier is, and try to get in touch with the Poultry farmers. This may be easier said than done but it is very possible.
Enter into an agreement to collect eggs from them, negotiate price terms. Rent a car or van (if you do not have one), get to the farm to load the Eggs as much as you can carry.
Be sure to establish connection and agree on price with a customer (corner shop, or departmental store). Find out the size of their order (Egg Crates) and how much they would pay for it.
Supply the customer (retailer) with the crates of egg and get your cut on each crate supplied. The more crates you can transport and supply at a trip, the higher your profit margin (or returns on capital employed).
Idea summary
1. Identify new markets, new customers to supply egg crates to for resell
2. You could also sell directly to the end customer (More revenue, more work though)
3. Find a poultry farm for your source of Egg.
4. Agree on price with Poultry farmers and the Retailers (Be mindful of your profit margin)
5. Make the supply, make the sale

A ran a Google search for statistics on egg consumption. You can do same and see for yourself, that Egg consumption provides a profitable value chain for Business as eggs generate a lot (N220bn) annually in Nigeria.

2. The Business

Value Proposition: Supply of egg crates from the Farms directly to the stores where they are to be sold.
Customer Segment: Bakers, operators of Corner shops, retailers at markets, departmental stores.
Distribution Channels: Egg depot, departmental stores or retail shops
Customer Relationship: Direct
Key Activities: Selling, Logistics and packaging (the crates), negotiating, supply chain management, customer service, delivery etc.
Key Resources: Startup funds, vehicle, depot (depending on scale of operation), Workforce (Sales team, delivery team, Management team, quality control officer etc.
Key Partners: Egg retailers, Poultry Farmers, Government regulatory agencies, Traders and other related Associations, 3rd party logistics, Bakers, etc.
Cost Structure: Staff pay, work related equipment (Vehicle purchase or rental), licenses (NAFDAC) and other needed permits, etc. Be sure to understand all the cost implications before going into this, these are just a few.
Revenue Stream: Your cut based on your negotiations with the farmers and the retailers or end customers you sell to.


3. Competition

As have been mentioned earlier in this article, there are people already into this and so if you join in, you will already have existing competition which you will have to seek to gain competitive advantage over. As there is little or no strong entry barrier, making it possible for you to join in this business, so will it be easy for new competitors to come in to compete with you. A better customer service delivery will always be advantageous.

4. Risks

Some possible risks.
- Supplier failure can have adverse effect on your business if you are already in an agreement to supply a stipulated number of crates daily. This can be partly mitigated for by entering into prior agreement with the suppliers on appropriate fines and penalties should such failures arise.
- Poor handling or damage of goods during transportation.
- Unpredictable government policies could affect supply and invariably require adjustment in your business operations.


Summary

This Idea explored the opportunity in providing middleman logistics service in Poultry eggs supply. Get the Crates of Egg from A that produces and supply to B that sells it, or directly to C that consumes or uses the Egg.

Thanks for following this series.

Till next week, stay inspired.


For more information, comments questions or feedbacks, get in touch.
Twitter: @Mrebis
Email: mrebis1@gmail.com

Idea 11 of 52 - Tomatoes (Middleman Sales + Paste Production)

1. The Idea

The 11th idea in our series of 52 Business Startup ideas for Nigeria is ‘Tomatoes – middleman sales + Paste production”.

One can take advantage of the high demand for tomatoes in the meals of various Nigerian household with Nigeria being the biggest importer of Tomatoes in Africa (theNation,2015), to join in the Tomato Value chain as either a middle man between the Farmer and the retailers/end users, or to make your own tomato paste, package it, then sell.

Idea Summary
Middleman Sales
1) Get in touch with a Tomato farmer or farmers depending on the scale you desire. (Meet both those doing open farming and Greenhouse), so that you can be sure of tomato supply all year round.
2) Agree on suitable price bearing in mind how and where you would sell it in order to have a good profit margin (NB: Factor in Cost of transportation)
3) Arrange to purchase (or simply rent) a vehicle for transportation. Best if you already have your vehicle to use.
4) Contact your prospective customers (Retail stores, Big departmental stores), let them know you can supply and the price you are offering
5) Do not over promise, and do not agree to supply when not sure of the consistency and availability of your source (the farmers)
6) As demands arise, make the supply, get paid

Tomato Paste
The second aspect of this week’s idea is on making Paste from the Tomatoes that provides a means of putting a good volume of Tomatoes to good use for both the immediate and the longer terms. To find out how you could make your own Tomato paste, follow instructions in this link http://www.thekitchn.com/how-to-make-tomato-paste-cooking-lessons-from-the-kitchn-206853

Your final product can be bottled, and labeled (branded) how you want it, ready to be supplied to your customers.

You could also take this some steps further to make your own Tomato Ketchup. If you can work on the quality of your product, the packaging and your service delivery, you could pave your way into the hearts of ready customers.


2. The Business

Value Proposition: Depends on the aspect of the Business you choose to operate whether as a middle man, offering a means of transporting the freshly harvested tomatoes from the farmers to where they have been demanded, or in paste production, offering your well packaged tomato paste which now has longer shelf life compared to the initial fresh state.
Customer Segment: Corner shops, retailers, departmental stores (Spar, Shoprite) Markets, Tomato paste production companies, etc.
Distribution Channels: Tomato depot, A dedicated phone line, you could have a website or good social media presence
Customer Relationship: Direct or Mass depending on the business aspect you are focusing on
Key Activities: Selling, Logistics and packaging (Fresh tomatoes/Packaged Tomato Paste), negotiating, supply chain management, customer service, delivery etc.
Key Resources: Startup funds, vehicle, depot (depending on scale of operation), Workforce (Food processing assistants, Sales team, delivery team, Management team, quality control etc.
Key Partners: Tomato related associations, Tomato Farmers, Government regulatory agencies, 3rd party logistics, Retailers, etc.
Cost Structure: Staff pay, work related equipment (Vehicle purchase or rental, Tomato paste production equipment), Promotions, licenses (NAFDAC) and other needed permits, etc. Be sure to carryout more research before going into this. These are just a few.
Revenue Stream: Your cut based on your negotiations with the farmers and the retailers or end customers you sell to. Sales of the tomato paste.


3. Competition

This Business idea is not very far fetched, and anyone could get involved in this as there are no strong barriers to enter this market, which makes room for competition which you would need to gain competitive advantage over.

4. Risks

Some possible risks.
- Government policies and regulations can have adverse effect on the Business, e.g., if a Government policy favours importers to import already processed tomato paste into Nigeria, this can have a great effect on the success of your brand.
- Unexpected disease outbreak can affect the yield that will in turn affect your source of tomato supply.


Summary

This Idea explored the opportunity to become a middleman (salesperson) in Tomato value chain by taking the Tomatoes from the farmer to meet the demand while making your cut. And also looked at making your own brand of Tomato paste as an alternative means of making the tomatoes available for longer period and later use.

Thanks for following this series.

Till next week, stay inspired.


For more information, comments questions or feedbacks, get in touch.
Twitter: @Mrebis
Email: mrebis1@gmail.com


Links:
http://thenationonlineng.net/nigeria-biggest-importer-tomato-africa/

Idea 12 of 52 - Canned fish (Sardine + Geisha) Production

1. The Idea

Nigeria is blessed with access to the Atlantic Ocean, Sea, Rivers, Lagoons and with it, a wide variety of Sea foods. In recent times, more people have joined in fish farming (various Catfish farmers), all adding to the high abundance of fish and other seafood produces in Nigeria. But one wonders why we still import canned fish product like Sardines, Tuna, Geisha into Nigeria.

the abundant Fish produced to make a locally made Canned Fish product to The price of Sardine has increased in recent times as well due to the fall of the Naira against the dollar. These canned fish product are brought in through the Sea (shipped) and do spend 6-8 weeks on their way to Nigeria. If we had our own, Nigerian made canned fish product, we would have an advantage of fresher products as at the time it gets to the Market. Here lies the 12th Idea of our 52 Business Startup ideas for Nigeria.

Canned fish are fish, which have been processed, sealed in an airtight container such as a sealed tin can, and subjected to heat. Canning is a method of preserving food, and provides a typical shelf life ranging from one to five years.

You could start your own brand of canned fish product. Yours could be canned catfish with the bones removed, or Tilapia, even Titus. You would need a Cannery to help with the Tin Can

Idea Summary
Canned fish
1) Get in touch with a Fish farmer or farmers depending on the scale you desire. Your continuous supply of Fishes will ensure your continuous existence in Business.
2) Agree on how to move the Fishes to your factory, if the farmers are delivering to you or you would get them by yourself.
3) Arrange to purchase (or simply rent) a vehicle (truck) for transportation depending on number 2 above.
4) Process your fishes; add the preservatives and other additives needed in the sauce. Package the fish in the Tin cans.
5) Contact your prospective customers (Retail stores, Big departmental stores), let them know you can supply and the price you are offering
6) Run your promotional campaign; create awareness about the new product.
7) As demands arise, make the supply, get paid



2. The Business

Value Proposition: Canned Fish product, which has been processed and packaged to preserve the rich taste and nutrients in the Fishes, having longer shelf lifes.
Customer Segment: Corner shops, retailers, departmental stores (Spar, Shoprite) Markets, etc.
Distribution Channels: Sales team, middle marketers or distribution agents. A dedicated phone line, a website and good social media presence would serve as a good channel to distribute and communicate the Value proposed.
Customer Relationship: Direct and Mass.
Key Activities: Food Processing and Packaging, Selling, Logistics, negotiating, supply chain management, customer service, delivery etc.
Key Resources: Startup funds, vehicle for logistics, depot (depending on scale of operation), Workforce (Food processing assistants, Sales team, delivery team, Management team, quality control etc.
Key Partners: Fish production and other related unions or associations, Fish Farmers, Government regulatory agencies, 3rd party logistics, Retailers, etc.
Cost Structure: Staff pay, work related equipment (Vehicle purchase or rental, Fish processing equipment), Cannery cost, Promotions, licenses (NAFDAC) and other needed permits, etc. These are just a few costs related with this Business, more research would therefore be needed before embarking on this.
Revenue Stream: Sales from selling the Canned Fish product


3. Competition

There will be competition from others who could also go into this Business. Its capital intensiveness (depending on scale) can serve as barrier to enter the market.
Other imported foreign canned fish products will also compete with a new made in Nigeria Canned fish products as it would take a while before Nigerians warm up towards, or trust the new locally produced Canned fish product.

4. Risks

Some possible risks.
- Government policies and regulations can affect the Business and it could also provide advantage aswell. E.g If a policy bans importation of Canned fish into Nigeria citing health reasons, this could provide great advantage to the Business
- A mistake or poor delivery in quality of processed and packaged fish can be a Public health hazard and could easily have disastrous consequence. Quality and Hygiene should have the highest priority.


Summary

This week’s idea explored taking advantage of serve the Nigerian market and provide an alternative for imported canned fish products. This can create employment opportunities and generate revenue for Nigeria.

Thanks for following this series.

Till next week, stay inspired.


For more information, comments questions or feedbacks, get in touch.
Twitter: @Mrebis
Email: mrebis1@gmail.com


Links:
https://en.wikipedia.org/wiki/Canned_fish

http://thenationonlineng.net/fed-govt-must-ban-fish-importation/

Go to www.doyenexchange.com/invest_opps.php to see businesses you can start in Nigeria and their cost estimates.

Idea 13 of 52 - Care Homes for the Elderly and developmentally less able

1. The Idea

Old age is inevitable and the times will come when strength and general mental and physical abilities will fail. In those moments one would need to still be given the best of care in the World and not neglected by very busy loved ones who could leave their elderly in the Village, or have them in the City with them and not have the time to truly give them the right amount of care they need. This idea was first mentioned by www.startupdemands.com in a series they ran last year.

To this end, this Idea for the week explains the need for such care homes which would both add value to the lives of the elderlies, provide employment for the Care-givers, Nurses, Cleaners, Security, management staff and generate revenue

These care homes can be built or setup anywhere in Nigeria and the quality and service delivery can be designed to the taste of the target market.


Features of the Care home could include these amongst others:
- Beds (Private cubicles in a shared space or private rooms).
- Qualified Nurses and Care Assistants
- Cleaners and Security (CCTV cameras could be included)
- Other necessary house amenities (Clean toilets and Baths, Kitchen and lounge areas).
- A Farm/Garden
- Pets (Cats or Dogs)
- TV and Cable
- Internet connectivity

These features could be added depending on the scale of operation intended and available start up resources. One could start small with a few Elderlies (service users) and one must ensure professional and quality service delivery at all times.



2. The Business

Value Proposition: Provide quality and professional Care services for the Elderly to improve and enrich their living experience with the help of professional service assistants
Customer Segment: Elderly, Less-physically and developmentally able, Charity organizations and other NGOs (Churches), Government,
Distribution Channels: Care home locations, dedicated phone lines, website and social media, traditional advertising, targeted marketing.
Customer Relationship: Direct
Key Activities: Nursing, Caregiving or assisting (Food preparation and feeding, cleaning and hygiene management), Organizing, Administration and Personnel management.
Key Resources: Care home facility, Support and General Staff, Start-up funds,
Key Partners: Charity organizations and other NGOs, Government and related government agencies, Banks
Cost Structure: Rent for the Home, furniture and bedding, Maintenance and other utility bills, Staff wages and Salary Bill, Food, stationeries and toiletries, registration and licensing (necessary documentation).
Revenue Stream: Service Charge paid by the Service users, their relatives, NGOs or the Government.


3. Competition

For now, there are very few of these types of care homes in most cities in Nigeria and getting to start something like this can set one as a leader in this sector. One must however ensure to sustain competitive advantage and continuously seek for improvement to stay ahead of the pack.
One would also need to create awareness and try to change mentalities of many in Nigeria towards the idea of leaving their loved Elderlies with other people that can provide better care for them.


4. Risks

- Setup insurance for the whole facility and service users as a mitigation in the event of any unforeseen contingency.
- Also, install CCTV cameras to support in monitoring the quality of service delivered by the support staff.
- Make good records and prepare an SOP (standard operating procedure), which all staff would be trained on and would follow in delivering their service.



Summary

This 13th Idea has explored the need and possible business in operating a care home for giving adequate care to the elderly and developmentally less abled people in our Cities. It is hoped that as many people that would venture into this, more lives would be made better of by way of employment and revenue generation. We will all grow old and everyone deserves adequate care.


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Till next week, stay inspired.


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Twitter: @Mrebis
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