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Have Funds Or Not To Do Business, You Actually Need To Read This!! - Business To Business - Nairaland

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Network Marketing Business You Can Start With 32,000 Naira / Business You Can Start With 10k, 20k , 30k , 40k. And 50k! / Have Funds Or Not To Do Business, You Actually Need To Read This!! (2) (3) (4)

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Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 8:42pm On Jan 15, 2013
PLANTING VEGETABLES SUCH AS TOMATOES, PEPPER, LEAFY VEGETABLES IS SERIOUS BUSINESS. CAN MAKE N60,000 OR MORE MONTHLY. COSTS AND PROFIT EXPLAINED.....

POULTRY, SNAIL FARMING EXPLAINED IN DETAILS WITH COSTS AND PROFITS TO BE MADE

HOW TO START TRANSPORTATION BUSINESS; PASSENGER TRANSPORTATION, TAXI, HAULAGE, EXPLAINED WITH COSTS AND PROFITS TO BE REALISED.

SOME INNOVATIVE IDEAS THAT WORKS ABORAD ARE ALSO HERE FOR YOU AND CAN WORK HERE. IT WILL BE DISCUSSED HERE. PACKAGING OF SOME PARTICULAR PRODUCTS WHICH ARE ESSENTIAL COMMODITIES, STARTING A SMALL RESTAURANT WITH SPECIAL DISHES ON CAMPUSES,

ALL ABOUT EXPORTING FOR BEGINNERS, CONTACTS OF IMPORTERS AND READY BUYERS ABROAD.

HOW AND WHAT TO DO IN STARTING PETROLEUM BUSINESS SUCH AS KEROSENE, PETROL, AGO.

WRITING A BUSINESS PLAN AND PROPOSAL WITH SAMPLES ATTACHED. THESE PROPOSALS WORK INTERNATIONALLY AND LOCALLY.

ALL YOU NEED TO GIVE YOURSELF A JOB ON THE INTERNET AS A BROKER FOR GOODS AND SERVICES.

WE WILL DISCUSS THEM IN BITS ON THIS THREAD THOUGH EVERYTHING IS PACKAGED AS A WHOLE. IN CASE YOU DONT KNOW WHAT TO DO THIS YEAR WITH YOUR MONEY, READ! AND IN CASE YOU DONT HAVE MONEY AND SIMPLY NEED IDEAS, READ!

YOU CAN HAVE ALL AT ONCE IF YOU DONT WANT TO WAIT FOR LONG BEFORE WE DISCUSS TOPICS THAT MAY INTEREST YOU. THERE ARE ILLUSTRATIVE DIAGRAMS TO MAKE YOU UNDERSTAND BETTER TOO.....


YEAR 2013 IS GOING AGAIN. YOU HAVE FUNDS BUT DONT KNOW WHAT TO DO WITH IT, CHECK THESE OUT OR STAY ON THE THREAD. YOU DONT HAVE FUNDS, STAY TO LEARN ON THIS THREAD TOO. YOU NEED FRESH IDEAS, STAY ON THIS THREAD TOO.

Lets Start here and now!

HORTICULTURE
This is not about flowers but about vegetables, fruits and so on. Vegetable farming happens to be one of the easiest agricultural engagement, and any kind of edible vegetable is always in hot demand all year round. Constituents of vegetables and usefulness:
How to set-up a tomato/pepper farm and business.
Plants can be raised, if you wish, from seed, in a greenhouse or sunny window indoors about a month before you intend to set them out in the garden.
When they are about 15 to 25cm tall for example, then transplant them to the field. Tomatoes need lots of warm sunshine for optimum taste. Apply fertilizers on the land or soil before starting the transplanting of the tomatoes.
Tomatoes demand a growing medium rich in organic matter. It also needs a lot of watering which can be done everyday in the dry season but can be ignored in the wet season because of the rains which serves same purpose. In watering it, make sure most of the water are applied to the base but little sprinkling of water on the leaves.
It is good to make stakes which are like stands to support the plants while they are growing up. You can see in the diagram of a tomato plantation.
A stake should be at least 1.3 x 5cm spacing and 6 to 8 feet (1.8 to 2.4 meters) long. Secure the plant to the stake using "loosely knotted double-loops" that won't strangle the plant. Stakes can be made of bamboo sticks, scrap wood, electrical conduit, or iron bar.
In 6 to 12 weeks, your tomatoes begin to bear fruits and ripe. As soon as they are showing signs of riping, pick them up and store so that they can get riped in the house. If left to fully ripe outside, it might get attacked by pests and other animals. Even without it being attacked, it can soften out after it is ripe which makes it get spoilt easily.

PROFIT
For a plot of land with size 1000sqm, you get an average yield of 5MT. It can be more than that if properly done.
1MT = 1000Kg
5MT = 5000kg.
1 Basket of tomatoes is around N5000-N6000. 1 Basket of tomatoes averagely weighs 30kg.
You can get about 166 baskets from a 1000sqm plot.
Therefore 166 baskets x N5000 = N830,000 at the minimum. This is the gain after 3 months of planting and selling your tomatoes. You can plant tomatoes all year round if you use the land well and very disciplined with watering and taking care of the tomatoes.


Watch out for the next topic. You can ask your questions and comment. I might not give some cost analysis and profit for some other businesses but if you need it, you may have to ask specially which may not be free. But you can as well get so many free info from this thread......Wishing you well for 2013.

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Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 8:57pm On Jan 15, 2013
@Akdams....PLEASE AND PLEASE...DONT LET US START WITH THIS, THIS YEAR. Start your thread and post there. This thread is still new and you have started to spam it. Please o! Thanks for complying.....
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by ihedioramma: 11:48pm On Jan 15, 2013
HELLO @OP, MORE BIZ WE CAN START WITH SML MONEY AND MAKE PROFIT?
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 12:06pm On Jan 16, 2013
@Ihedioramma... Just stay tuned. Thanks
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 9:55am On Jan 19, 2013
TRANSPORT AND SNAIL REARING BUSINESS COST ANALYSIS

TRASPORT - TAXI/CAB BUSINESS OR INTRA-STATE PASSENGER TRANSPORT
You could go into Taxi or Cab transportation in Nigeria quite easily. You need to choose a route to ply within a city, and register with NURTW on that particular route. Registration is not more than N15,000. However, you will be paying for some ticketing everyday to the Union members, though this may not affect your profit if calculated well.
An average of N1000 can be made within one hour of commercial cab driving. Working from 7am to 8 pm in the evening is about 13 hours. Which means 13 x N1000 = N13,000. And we can assume about 50 litres of fuel will be consumed daily which is at a cost of about N5,500 plus N1000 for total ticketing costs. Profit to be accrued daily = N13,000 – N5,500 –N1000 = N6,500.
For a 25 day work, profit = N162,500. You can remove about N20,000 monthly maintenance cost from this amount and then the real profit is N162,500 – N20,000 = N142,500/month.
These are ideal costs and profits, though there could be variations towards a down trend.
You could get a tokunbo car for about N400,000-N600,000 so you can know how to calculate your profit from this explanation.

SNAIL REARING BUSINESS
EXPENSES
N40,000 for Pen Construction.
N20,000 for 100 large snails.
N35,000 for other expenses coming after hatching of eggs.
TOTAL = N95,000

EXPECTED RETURNS
Making a sensible assumption, provided we leave room for uncertainties
About 75 snails should produce about 200 each of snails each within a year (for full maturity). This is multiplying by 75 which is 15,000 snails which can be sold at N150 each. You know how much to get from that. However, at 4-6 months, you can actually get matured snails large enough to be sold. Depending on the quality of care you give to the snails.

Information on Inter-State Transport business cost analysis and starting a transport company in the likes of ABC Transport is also available on request anyway.
Details on Poultry business cost analysis is also available. May or may not be posted on this thread but you can get it on request too.

MORE TO COME!

3 Likes

Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by darmochy1(m): 10:30am On Jan 19, 2013
kindly give the analysis on poultry and inter state transport. Thanks. damolaojedokun@gmail.com
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by presido07: 11:48am On Jan 19, 2013
Kudos to you and ur write-ups may God bless the work of ur hand pls kindly send me info on the poultry farming too thanks in anticipation adamscity07@gmail.com
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by osca123(m): 11:59am On Jan 19, 2013
most persons on nairaland are knwn 4 nt taking action with informations. Imagine asking d OP to mail u more biz ideas after all d above explained biz opps...na whaoo!.
unless u take action u may never get enough...

4 Likes

Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 4:12pm On Jan 21, 2013
darmochy1: kindly give the analysis on poultry and inter state transport. Thanks. damolaojedokun@gmail.com


I gave so many information out which many people have taken advantage on, in the past. The ones on request is to be paid for. Nevertheless, I might still give it out here free but not so sure that will happen. I will however still give out some free. But for the full poultry and inter-state transport, you will have to get it from the whole book. All businesses discussed here with additional info is embedded in it. PM me if you still wish to have the information. Thanks
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 4:12pm On Jan 21, 2013
presido07: Kudos to you and ur write-ups may God bless the work of ur hand pls kindly send me info on the poultry farming too thanks in anticipation adamscity07@gmail.com

I gave so many information out which many people have taken advantage on, in the past. The ones on request is to be paid for. Nevertheless, I might still give it out here free but not so sure that will happen. I will however still give out some free. But for the full poultry and inter-state transport, you will have to get it from the whole book. All businesses discussed here with additional info is embedded in it. PM me if you still wish to have the information. Thanks
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 4:28pm On Jan 21, 2013
For the Taxi/Cab Intra-State Transport business as explained above, this is what is expected for anyone who owns and drives the vehicle himself but of course, when you give it to a driver, you should not expect the returns to be as explained above because he will have to take his own from the profit and the delivery from him to you will be fixed. However, you can use this information to negotiate and make sure as the owner of the vehicle, you are still making your gains well. I just need to explain this, due to questions I receive from people about it. Thanks. Stay tuned, more to come.... and if you are in a rush to get full gist, then PM me.
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by ihedioramma: 5:14pm On Jan 21, 2013
OK THANK'S. @OP CAN U TEACH ON GOAT FARMING ?
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 12:37pm On Jan 22, 2013
@Ihedioramma....I have something on that but I may not express it here. You can contact me directly for details on that.

For everybody...I am throwing this out, it is about Writing a business plan/proposal. The things you need to talk about. There is nothing difficult about it, though atimes you might need some experts to help out depending on the type.

I will also throw down an idea which anyone can tap into, expand it, package well and make money with it. Read as follows:

WRITING A BUSINESS PLAN/PROPOSAL AS FOLLOWS:
PROJECT NAME:

PROJECT SPONSOR: Kay (Must be your name or whoever needs the loan)

TYPE OF PROJECT:

LOAN AMOUNT:
LOAN TERM:4 years (the number of years you need the loan for at which you might have paid back the loan and interest in case of a loan but if it is not a loan, you might not need this).

PURPOSE:

COLLATERAL:

NOTE: THESE INFORMATION WILL BE ON THE FRONT PAGE SEPARATE FROM THE REST OF THE DOCUMENT.

NARRATIVE:

HISTORY:

MISSION STATEMENT:

STAGE: Note: You have to explain the stage maybe it’s a start-up, exisiting, or you just need bridge financing and so on.

MARKET NICHE:

MARKET RESEARCH:

BUSINESS ATTRIBUTES:

PROJECTED FINANCIAL OVERVIEW:

BALANCE SHEET:

USE OF FUNDS

2. AN IDEA FOR ANYONE:
Get a 50kg bag of rice. Make sure you get a good quality rice especially Indian or Pakistani rice which is very good, though cheaper but have almost the same quality as Thai rice.
You can then repack the rice into small attractive nylons in 500g to 1kg and distribute to supermarkets or even retailers in your neighbourhood. You could also create a niche by supplying retailers that are located on Campuses of higher Institutions. Diagram of what it could look like is as shown below. This was an idea I got from Germany where I buy rice in the mall.

However, there could be a new twist to this. How? You can decide to make it into something like indomie which has flavours and sauce to cook it. In the case of rice, you could add sauce like Jollof rice but better if you can get Fried rice recipe and put it into your rice package with little description of how they could make fried rice with it, that could be a good selling point. However, in this case, you might have to reduce the quantity of the packaged rice to 150g to 200g which can be enough to make a big plate of fried rice. This is an idea that could be exploited and your potential markets for these are Schools, Banks (for bankers who have no time to do serious cooking at home after work).

For rice packaging only, you can start with as little as N15,000. You get a bag of rice for N9,500. Get packaging nylons with attractive prints such as an indomie nylon. You can get such for about N1,500 for 100-200 pieces depending on your negotiating power anyway. The rest is for other logistic purposes. Package and seal it up and market it. This is a new idea and product of yours and you can make a household name from this. You need to be proactive, dont just say you will do it. BUT START NOW!

Expect more...soonest...


More ideas and details are packaged in a write-up. PM me for more details.
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by ihedioramma: 3:10pm On Jan 22, 2013
THANKS @OP , GIVE ME UR E-MAIL SO WE CAN TALK ONE ON ONE.
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by teddyblueu: 4:21pm On Jan 22, 2013
kayjegs: @Ihedioramma....I have something on that but I may not express it here. You can contact me directly for details on that.

For everybody...I am throwing this out, it is about Writing a business plan/proposal. The things you need to talk about. There is nothing difficult about it, though atimes you might need some experts to help out depending on the type.

I will also throw down an idea which anyone can tap into, expand it, package well and make money with it. Read as follows:

WRITING A BUSINESS PLAN/PROPOSAL AS FOLLOWS:
PROJECT NAME:

PROJECT SPONSOR: Kay (Must be your name or whoever needs the loan)[b][/b]


TYPE OF PROJECT:

LOAN AMOUNT:
LOAN TERM:4 years (the number of years you need the loan for at which you might have paid back the loan and interest in case of a loan but if it is not a loan, you might not need this).

PURPOSE:

COLLATERAL:

NOTE: THESE INFORMATION WILL BE ON THE FRONT PAGE SEPARATE FROM THE REST OF THE DOCUMENT.

NARRATIVE:

HISTORY:

MISSION STATEMENT:

STAGE: Note: You have to explain the stage maybe it’s a start-up, exisiting, or you just need bridge financing and so on.

MARKET NICHE:

MARKET RESEARCH:

BUSINESS ATTRIBUTES:

PROJECTED FINANCIAL OVERVIEW:

BALANCE SHEET:

USE OF FUNDS

2. AN IDEA FOR ANYONE:
Get a 50kg bag of rice. Make sure you get a good quality rice especially Indian or Pakistani rice which is very good, though cheaper but have almost the same quality as Thai rice.
You can then repack the rice into small attractive nylons in 500g to 1kg and distribute to supermarkets or even retailers in your neighbourhood. You could also create a niche by supplying retailers that are located on Campuses of higher Institutions. Diagram of what it could look like is as shown below. This was an idea I got from Germany where I buy rice in the mall.

However, there could be a new twist to this. How? You can decide to make it into something like indomie which has flavours and sauce to cook it. In the case of rice, you could add sauce like Jollof rice but better if you can get Fried rice recipe and put it into your rice package with little description of how they could make fried rice with it, that could be a good selling point. However, in this case, you might have to reduce the quantity of the packaged rice to 150g to 200g which can be enough to make a big plate of fried rice. This is an idea that could be exploited and your potential markets for these are Schools, Banks (for bankers who have no time to do serious cooking at home after work).

For rice packaging only, you can start with as little as N15,000. You get a bag of rice for N9,500. Get packaging nylons with attractive prints such as an indomie nylon. You can get such for about N1,500 for 100-200 pieces depending on your negotiating power anyway. The rest is for other logistic purposes. Package and seal it up and market it. This is a new idea and product of yours and you can make a household name from this. You need to be proactive, dont just say you will do it. BUT START NOW!

Expect more...soonest...


More ideas and details are packaged in a write-up. PM me for more details.

@ OP,tanx dis is good info 4 a start,i seem to be more interested in d snail biz,pls post ur contact so we can get across to u if need be.
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by ruggedcuzz: 4:25pm On Jan 22, 2013
Which city or cities is best for taxi business in term of profit?
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 1:12pm On Jan 23, 2013
For those who want to contact me and get full copy of the write-up as well as guide, This is my contact: kayjegs@yahoo.com

@ruggedcuzz....I dont get it. I think you may need to do your own research on knowing cities that is good for profit. Most especially cities with high population and dont have much of Bikes (Okada). But I know of Ibadan as a city where you can make your gain quite easily. Akure is also another city where you can make profits on taxi business. Lagos is also another place but that will involve having a danfo. I think Onitsha is also good. Just check out cities where they have been operating taxis, you will always make your gains there.
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 1:47pm On Jan 23, 2013
For those that have access to the internet and are looking for what to do to engage them. You can become a ecommerce broker by connecting buyers and sellers together via the internet. But in order to be a successful one, you must be familiar with terms of International trade. I will take time to explain some terms and how it is being used. You can explore more. This is very good for someone who has a business mind.



HOW TO BE AN EFFECTIVE BROKER
First of all, you must know where to get buying or selling offers. Before the advent of the internet, you may need to subscribe to some specialized business magazines where they put up adverts of buyers and sellers of products and services but nowadays, everything is on the internet. There are some websites that you get these information from. If you want to search in google for example, you can use the following search terms:
B2B ECOMMERCE WEBSITES
BUYERS AND SELLERS FORUM
IMPORTERS AND EXPORTERS.
BUYER AND SELLER OFFERS FOR 2013
But in order not to waste time, these are the most popular ones in which you can start meeting buyers and sellers of goods. Before now, people can join these websites free but nowadays, you pay premiums to join them, the fees range from site to site, you can get this information when you try to sign up. The fees are usually affordable anyway.
www.alibaba.com
www.ecplaza.net
www.ec21.net
www.globalbuyers.com
www.tradekey.com
www.trade-india.com
www.indiatradezone.com
www.nairaland.com/business
www.asianproducts.com

When you get a buyer’s offer on the internet and you feel you are interested, then you mail the buyer that you are able to supply what he or she wants and then it is good you ask him of his target price, location, quantity required, payment terms and so on. Even though, he might have posted all these information on the website where you saw his advert, you may still need to ask again when you are sending a mail in response to his advert. After you get a reply from buyer that he is interested, then you go in search of a seller, advisably from another B2B website not the particular one you got the buyer from. This is because if you use the same website, it is likely that the seller himself has contacted the buyer and so amounts to a waste of time for you. This is why you need to know so many B2B websites which you can use.

But before we go on, you need to be familiar with these terms as follows:
Letter of Credit (L/C) is a document which shows that a buyer (importer) is making a payment for goods ordered for from a seller (exporter) based on the availability of some documents that shows that the seller is in the process of sending the goods over. These documents are invoice, bill of lading, SGS Certification and so on. These documents are usually statutory for such transactions all over the world. There are different types of L/C but I will like to talk about the ones that is relevant nowadays in our world. They are the Irrevocable L/C, Transferable and Non-transferable L/C.
The Irrevocable L/C from the name shows that it is a L/C drawn in such a way that the terms and conditions attached to it cannot be changed. It is either the seller complies or doesn’t get the deal. You may then ask, can a L/C be revocable? Yes, it can. Some of the conditions with which the L/C is drawn could still be changed but with the consent of both parties involved i.e importer and exporter.
Transferable L/C is one in which you can transfer part of it to a third party as a beneficiary. This is usually used in scenarios whereby a middleman both known and recognized by importer and exporter is a beneficiary of the L/C. In this case, it can be transferred to the third party for whole or part of it. This can also be used in scenarios whereby we have an exporter, a manufacturer and importer. You should know that in many cases, the exporter is not usually the manufacturer, of course, the manufacturer can also be the exporter. But in this scenario, the manufacturer is not the exporter. The exporter if well known to the manufacturer could be issued a L/C by an importer which he now transfers the appropriate amount to the manufacturer. E.g A manufacturer supplies an exporter some goods at a price of 200,000usd. The exporter quotes about 320,000usd to importer cover for his gain and other logistic costs. The importer then draws a L/C of 320,000usd to exporter. The exporter can then transfer the L/C to the manufacturer for 200,000USD and he retains his 120,000usd in the L/C. In this case, the L/C is literally broken into two.
Non-transferable is just the opposite of what we have explained above. Simple!
Some other things to know about L/Cs is that L/C have time-frames especially 60 days, 90 days, 180 days. That is, after this date the full amount of L/C is made available to the exporter. This is called Matured Date i.e when the L/C matures. Take note that to give a L/C to a seller is not payment in itself but after the seller has provided the documents for the goods to the buyer even if the goods has not reached the buyer, the seller can be paid. But often times, the seller always want the money before the matured date, he can get money before the due date through his bank but they will not pay him in full, they will pay him about 85-90% of the money. And the bank gets back the 100% money after the matured date hereby the bank gains 10-15% on the deal. This is one of the ways bank makes profit from EXIM financing. EXIM is an abbreviation for Export-Import.
Letter of Intent (LOI): This is a letter showing seriousness from a buyer that he needs a product. This letter is usually addressed in the buyer’s letterhead and written to the seller. The letter tells the seller that he (buyer) is interested in his perhaps advertised goods and prices and would like the seller to send a Proforma invoice to him (buyer). Though nowadays, such letters are bastardized and ICPO is now preffered straight away.
What is ICPO? This means Irrevocable Corporate Purchasing Order. This usually comes after a LOI, Proforma Invoice. It further shows that buyer is serious. The ICPO usually comes with buyer’s banking and bankers’ information with soft probe. Soft probe means that the seller is free to contact buyer’s bankers to enquire if the buyer has finance capable of buying the goods.
RWA: This is called READY, WILLING AND ABLE. It is also in form of a letter from buyer to a seller showing that he has seen what the seller has on offer and he is ready, willing and able to buy. Simple! The able there means that “I have the finance to buy the items”
The ICPO and RWA are alike. The best is for the documents to be bank endorsed. This is the very authentic one which leaves no doubt in the seller’s mind about the ability of the buyer to pay.
DLC: Deferred Letter of Credit: This is a type of letter of credit which is usually used in the Oil business nowadays. It is a document showing that buyer has the financial muscle to pay for product if he issues the L/C.
SBLC: Standby Bank Letter of Credit: This is a document which is usually issued by a buyer’s bank to show that they can issue L/C on behalf of buyer any day, anytime because the buyer is well known to them and he is financially capable. It is a form of Bank Guarantee (BG).
Factoring: This is another way of financing exports or imports. It usually involves a Factoring House. What does a Factoring house do? They help to guarantee and deliver products to buyers….Get more info on the internet.
Metric Ton (MT): This is the standard unit used for quantity in the world of export and import. One ton or One Metric Ton makes 1000Kg. For example, 5MT means 5000Kg. 20bags of rice of 50Kg each makes 1MT.
Prices of goods for International business are usually quoted in /MT. E.g Cocoa can be quoted in 2300usd/MT. So you can know the whole amount if for example a buyer needs 2000MT. In this case you multiply 2000 by 2300USD which is 4600000usd.
Some products have other ways by which they are quoted. E.g Diamonds are usually quoted /carats (/cts). You can see quotes like 1050usd/ct. Gold is not quoted in carats though there is always a special reference to carat but it is for quality purpose. Gold is usually quoted /Kg or /MT. But it is rare to see gold especially gold dust in /MT because it is easy to get 1 kg not to talk of 1MT. And this is why it is very expensive per Kg. At the average, it is 20,000usd/kg.
Oil products especially petroleum crude are sold in Barrels (bbls). The prices are quoted /bbls.
CIF: Cost Insurance and Freight: This is a type of cost quotation used in Export and Import trades. This is usually quoted by exporter to importer showing the total price of the product plus transportation cost and insurance to be paid for the product during transport. It is usually written in short form CIF. This is the total cost that will get the product to the buyer’s destination. For C&F, it is just the quote for Cost of product plus Transportation, there is no Insurance paid for in this case.
FOB: Free on Board: This is a type of cost quotation used in Export and Import trades which shows the cost of the product plus logistics to the port of departure only. The goods will still be in the seller’s country but it would have gotten to the port where it is supposed to be shipped to the buyer. In this case, the buyer takes care of the shipping himself.
SGS Certificationn: SGS is a foremost Inspection agency involved in Export and Import trade. They check and inspect goods before they are shipped. They make sure the goods comply to International standards and that they are the goods the buyer ordered for. They then issue a certificate to this effect. They are usually needed in transactions involving payment with L/C which the certificate of inspection is one of the documents to be presented by exporter to the bank so as to be able to draw cash against the L/C.
TT: Telegraphic Transfer: This is the transfer of funds from importer to exporter through the bank. This is an old term but still retains its name. It comes with a telegraphic message to the exporter’s bank to make payment to the exporter. This has been the fastest means of paying an exporter from old times, it is now being enhanced through Internet technology. However, this type of payment is made to seller/exporter if both the seller and buyer have known themselves for long in doing business together or the seller has fulfilled all conditions and the buyer is sure of the goods or has seen it.


TAKE NOTE: It easier for you to be a broker than for you to export an item. Some thread tells you that you can export items with less than N500,000. I just want to inform you that, that may not be possible. It takes time before one gets to the level of being an exporter, though the processes are not difficult but you need enough money to really pull through in order to export your items.
However, there are some other ways by which you can get finance to pull through but it takes real determination and work and to be able to convince your buyers that you have the items.

1 Like

Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by Nobody: 1:59pm On Jan 23, 2013
@OP your head dey there! Please carry on, hoping to see an idea that suits me perfectly.
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 8:41pm On Jan 28, 2013
This Single book contains:

Ideas of starting a Transport Business and making profits (Passenger Inter and Intra State Transport Biz) including the Profits and cost analysis.
Ideas for particular businesses which are new ideas with particular target markets.
How to start a Poultry business - Profits and cost analysis
Snail rearing business - Profits and cost analysis
Goat farming business - Profits and cost analysis
Vegetable Farming - Profit and cost analysis
Steps and how to write a business plan plus example.
How to be an ecommerce broker and understanding International Markets and Terms.
Contacts of oversea buyers of products such as Cocoa, soyabeans, cassava chips, cashew nuts, crude oil.
Some tips about downstream sector of Oil especially procuring and selling Kerosene.
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 8:43pm On Jan 28, 2013
My next discussion may be on a business idea suitable on campus for anybody. I may also discuss on goat farming next. However, you may not be able to wait till I post them, you can get them in the write-up/book prepared already.
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by Toptic(m): 11:54am On Jan 29, 2013
WASTE TO WEALTH
Decorative asbestos/ceilings.

This is a type of asbestos that comes in size 2by2 and the common colour is white. It is used in many buildings.
The decorative asbestos started gaining ground in Nigeria in the year 2002.and since then it has been adopted by the middle class, high class, hotels, restaurants, banks and just recently lower class started to recognize the fact that they need it.

The unique aspect of it is that of its price which is lesser to that of the common ones and its ability to attract beautiful colours thereby beautifying home than anyone can imagine.

When the production started here in Nigeria it was a single pattern throughout but just few years ago it gained more ground by the introduction of different patterns like flowers, cross and so on to make the house more beautiful. The observations and feedback so far reveal that it make home cooler than the common ones.

Dear reader, due to all these qualities and its lucrativity in the market the producers had made it 105% secretive just to avoid people knowing what it takes to make it real which I believe cant help making this country better ‘cos it has been restricted to a particular area only.

HOW TO PRODUCE IT
Producing the asbestos is mainly through materials that are lying waste around us, and for those that are not in our immediate environs we get it free anywhere ‘cos they are other companies waste.

COST OF PRODUCTION
The cost of producing a single piece of the decorative asbestos is not up to the half of its selling price. The gain on it is always 125% i.e. if you invested #1000 you’ll get #2250. Mind you there is always a ready market for it and a single plane one goes for #220 while the painted ones are between #240 and #260 depending on the number of products needed.

AMOUNT OF MONEY NEEDED TO START
You need not up to #2000 to start! Yes I mean it and the #2000 will fetch you your first contract ‘cos you’ll use it in producing like 20 piece of the asbestos for people to see and once they know you\re into it, the business started.

HOW TO CHARGE CONTRACT
It’s always 60% down payment and you’ll use 40% for getting the whole product prepared so even from your first collect you’ve gained 20% and immediately you deliver your last product you get your balance, i.e. you’ll use the customers money to produce all its product without going to borrow or get a loan.
Friend, I think I’ve said little about what a decorative ceiling/asbestos is all about.

The step by step way of producing it without stress or confusion is now available. It’s easy to produce, not time consuming and it’s a life time business you can’t afford to miss. This is different from other stream of income ‘cos it is constant as long as people continue to build house you’ll make your money.
It’s easy to do and you can! So start a life time business now and you’ll never regret doing so.
For more info. visit http://decorativeceiling.blogspot.com

To our success!

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Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by scampy(m): 2:39pm On Jan 29, 2013
Toptic: WASTE TO WEALTH
Decorative asbestos/ceilings.

This is a type of asbestos that comes in size 2by2 and the common colour is white. It is used in many buildings.
The decorative asbestos started gaining ground in Nigeria in the year 2002.and since then it has been adopted by the middle class, high class, hotels, restaurants, banks and just recently lower class started to recognize the fact that they need it.

The unique aspect of it is that of its price which is lesser to that of the common ones and its ability to attract beautiful colours thereby beautifying home than anyone can imagine.

When the production started here in Nigeria it was a single pattern throughout but just few years ago it gained more ground by the introduction of different patterns like flowers, cross and so on to make the house more beautiful. The observations and feedback so far reveal that it make home cooler than the common ones.

Dear reader, due to all these qualities and its lucrativity in the market the producers had made it 105% secretive just to avoid people knowing what it takes to make it real which I believe cant help making this country better ‘cos it has been restricted to a particular area only.

HOW TO PRODUCE IT
Producing the asbestos is mainly through materials that are lying waste around us, and for those that are not in our immediate environs we get it free anywhere ‘cos they are other companies waste.

COST OF PRODUCTION
The cost of producing a single piece of the decorative asbestos is not up to the half of its selling price. The gain on it is always 125% i.e. if you invested #1000 you’ll get #2250. Mind you there is always a ready market for it and a single plane one goes for #220 while the painted ones are between #240 and #260 depending on the number of products needed.

AMOUNT OF MONEY NEEDED TO START
You need not up to #2000 to start! Yes I mean it and the #2000 will fetch you your first contract ‘cos you’ll use it in producing like 20 piece of the asbestos for people to see and once they know you\re into it, the business started.

HOW TO CHARGE CONTRACT
It’s always 60% down payment and you’ll use 40% for getting the whole product prepared so even from your first collect you’ve gained 20% and immediately you deliver your last product you get your balance, i.e. you’ll use the customers money to produce all its product without going to borrow or get a loan.
Friend, I think I’ve said little about what a decorative ceiling/asbestos is all about.

The step by step way of producing it without stress or confusion is now available. It’s easy to produce, not time consuming and it’s a life time business you can’t afford to miss. This is different from other stream of income ‘cos it is constant as long as people continue to build house you’ll make your money.
It’s easy to do and you can! So start a life time business now and you’ll never regret doing so.
For more info. visit http://decorativeceiling.blogspot.com

To our success!


pls and pls send me ur contact details. Mine is emeraldoftheearth@yahoo.co.uk or betterstill 08025923032. Thnx as i await ur response.
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by ndukwu4(m): 2:41am On Jan 31, 2013
buy @ 0.75 kobo as a reseller from www.ebtrend.com. others can buy at 0.85kobo for any quantity of sms units.
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 6:41am On Feb 01, 2013
@antontech and @ndukwu4..... I wouldnt like you spamming on this thread. By your acts you discourage people from gaining what they need to gain from this thread and killing the purpose for which the thread was created. Thanks for complying.

Should give more info on a business opportunity one can start on campus later today and for as many as have been contacting me, thanks. I have replied most mails sent to me.

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Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by ndukwu4(m): 7:23am On Feb 02, 2013
Y will u call it spamming wen the site actuall sell sms at 0.75kobo
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 4:27pm On Feb 02, 2013
@ndukwu4...the last time I checked, I think this is my thread.

For Followers:

Have you ever thought of a restaurant business no matter how small or big it is? If you have, then stay tuned as I will share an idea here soon. It is a business one should look at.
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by ndukwu4(m): 7:57am On Feb 03, 2013
U win.
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by kayjegs: 8:29am On Feb 04, 2013
Will like to discuss an idea here and it is about setting up a food joint on Campus.

In order to really create a niche, choose some types of food enjoyed by students and sell them. Don’t sell all kinds of food. You might decide to cook Rice only and all rice derivatives such as Rice and stew, Jollof rice and friend rice.
One idea is to make some bread derivates such as Toast bread (with egg only) or (with sardines only), Bread and beef, Bread and minced meat, plus wines. For this idea, decide to stay on Wine only. The wine should be fruit wine. You can name the Spot something like “Bread and Wine” “Tasty Breads”, “Wine and Dine”, “Bread Thingz”, “Bread and Cream” etc. Just get a catchy name; you cannot underestimate what good business names do to business.

Get a fine location on campus where you can get your spot. You should have some chairs and tables in it, neatly arranged and designed where students can sit down to order and eat. Make flyers and distribute for awareness and students will come.
This idea is about choosing just one food type you want to deal in, and creating a niche so that you are known for that.Businesses such as this on Campus environment will always make sales because there is already a Market.
You can attract people by; maybe giving packaged pop-corns to ladies who come with a guy as compensation, showing that you appreciate such people. These packaged pop-corns bear your business name on it and captions such as “For beautiful ladies” or something. These are just marketing gimmicks on campus which you can use.

Visualise how this business should be like. Try and make sure, you make it the best to your ability. Everything in Nigeria is about packaging well and when it is done, you won't lack people patronizing you.

You may be asking that: But I cannot cook? But I am a man; can I actually do this business? The answer is, you can set-up the business and employ cooks, errand people and organize it. You may be there to monitor or leave it in the hands of someone to supervise for you.


The profit calculations of this business will make you opt for it without second thought.
Some other ideas about this is available which can be done anywhere. Should be able to put the profit and cost analysis here soon but how soon is what I don't know. But I have it ready anyway.


I should talk on something different again by wednesday.
Re: Have Funds Or Not To Do Business, You Actually Need To Read This!! by ojjp: 3:48pm On Feb 04, 2013
kayjegs: This Single book contains:

Ideas of starting a Transport Business and making profits (Passenger Inter and Intra State Transport Biz) including the Profits and cost analysis.
Ideas for particular businesses which are new ideas with particular target markets.
How to start a Poultry business - Profits and cost analysis
Snail rearing business - Profits and cost analysis
Goat farming business - Profits and cost analysis
Vegetable Farming - Profit and cost analysis
Steps and how to write a business plan plus example.
How to be an ecommerce broker and understanding International Markets and Terms.
Contacts of oversea buyers of products such as Cocoa, soyabeans, cassava chips, cashew nuts, crude oil.
Some tips about downstream sector of Oil especially procuring and selling Kerosene.
how much is d book?

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