I love u op

Nice one op, following.

God Bless you.

I'm In

@OP, all these ideas make sense well too. But pls answer this question. Define a Small business?

Tolite22: I hope everyone's having a swell weekend.

I am very happy with the level of interest in this thread and would like to thank everyone who has given their kind feedback. I am deeply encouraged by your responses. Of course, this includes the many others who have been reading 'silently'; I see you too.

As promised, I look forward to sharing my next lucrative small business idea with you on Monday.

Until then, happy reading!

Op you must have a special eye to see people like me reading silently. Just wanted to encourage you to keep up the gud work. Maybe i may see an interesting business idea to tap into since am resigning from this silly job by Jan.

@op, Thanks for your dedication and please keep up the good work

My dear op, I can only say that I love You. May God bless You real good. You may not understand what I M saying for now........

Its OZ

olawonder: All these ideas seem far fetch of 'small businesses' to me. For me o, am looking to open a large buka someday. Make it as traditional as possible with main foods from various part of the country; am talking about proper homemade effo riro, banga, ohha, edikaikong etc. Foods are prepared openly with fresh stock of fresh and dried fish, live goats and assorted meats are made available every single day. No flashy seat and silly lights, nothing posh or dramatic, just quality freshly cooked traditional recipes. It'll be nice to build the place to layout as I wish, but leasing a place is also an option (but has to be a big premise). No breakfast, opened just lunch to dinner times... I am a postgraduate student of Social Sciences, but this is my dream if I were to own a business.

Wow u stole my dream....God is watching u o.

Thanks OP for taking the time & effort to inform us of these great ideas. May God bless you.

great thread

I like business followed by skill (handwork)

Bisjosh: Bookmarked

instead of that u follow the op and u get the info once he update.

olawonder: All these ideas seem far fetch of 'small businesses' to me. For me o, am looking to open a large buka someday. Make it as traditional as possible with main foods from various part of the country; am talking about proper homemade effo riro, banga, ohha, edikaikong etc. Foods are prepared openly with fresh stock of fresh and dried fish, live goats and assorted meats are made available every single day. No flashy seat and silly lights, nothing posh or dramatic, just quality freshly cooked traditional recipes. It'll be nice to build the place to layout as I wish, but leasing a place is also an option (but has to be a big premise). No breakfast, opened just lunch to dinner times... I am a postgraduate student of Social Sciences, but this is my dream if I were to own a business.

Olawonder,

You are very correct about the food business; it is actually one of the most lucrative businesses in Nigeria. In fact, it's Number 7 on my Top 10 list of small business ideas. I'll have to upgrade another idea to replace it since you have now let the cat out of the bag

Whether you call it 'Mama Put', 'buka', 'Mr. Biggs' or 'Chicken Republic', all of these businesses are focused on one customer: your stomach. All these businesses I just mentioned are just 'packaged' in different ways to appeal to diverse segments of the Nigerian market. Those who cannot afford to eat at Chicken Republic almost always end up at some 'Mama Put' restaurant where food is much cheaper. And if you watch very closely, business is always booming at these 'joints'. It doesn't matter whether you visit these places to quench your hunger or impress your girlfriend. Food business is such a huge and impressive opportunity in Nigeria.

Why are food businesses booming in Nigeria, you may ask. Well, here are just a few pointers:

1. Population: With a population of over 170 million people in this country, there are just so many mouths to feed. The larger the population, the greater the demand for prepared foods. It's just common logic.

2. Growing urbanization: Thousands of people are leaving the rural areas and moving to the cities. State capitals and commercial centres like Lagos, Ibadan, Benin, Warri, Port Harcourt, Onitsha, Aba and Abuja are swelling in number as more people flock in to pursue the 'Nigerian dream' - jobs, business opportunities, education etc. This huge influx is driving up the demand for restaurant businesses. It's easier and cheaper for these people to feed at restaurants before they find their feet and settle into their own homes.

3. No time: Yes, very few people have the time to prepare their own food due to the limited time in their lives. Every morning, millions of Nigerians leave their homes to school, the office, markets, travel etc. Many of us now depend on restaurants and caterers for breakfast, lunch and dinner. This is a common and recurring pattern in our daily lives that restaurant businesses have come to dominate.

4. Lower cost, flexibility and convenience: Who wants to go to the market to buy foodstuffs, kerosene, firewood or cooking gas? Simple anwer: Very few. After a tough day's work for many of us, the last thing we want is to enter the kitchen to do more work (that's if you can actually cook). Buying food from restaurants is now a cheaper, flexible and more convenient option for most people.

These are just a few reasons why the restaurant business is booming and will continue to explode as Nigeria's population and economic growth continues in the coming years. Although this business appears to be a 'no-brainer', starting a food business requires creativity and careful planning. Concept, Location and Planning are just a few important things you must consider before you start this business.

To find out everything you need to know about the Food and restaurant business, I suggest you take your time to read the following article. I'm sure you'll find it very useful!


The Restaurant goldmine – How to start a food service business of your own in Africa today! http://smallstarter.com/browse-ideas/agribusiness-and-food/how-to-start-a-restaurant

I hope you're encouraged to bring your dream of starting a large buka into reality. I would like to share your thoughts and suggestions please.

Thank you!

NB: @ Olawonder, you finally succeeded in getting me to reveal one of my business ideas during a weekend. Nice one. I really enjoyed sharing it.

i dey come make i drink garri.

@Poster u're too much, infact ur rules of sharing this thread to ALL, is worth praising, i give u 99.9%

Good job op

kemzykoko: @OP, all these ideas make sense well too. But pls answer this question. Define a Small business?

Brilliant question! I should have said something about this when I started this thread.

Technically, small businesses are defined by their size (number of employees). Typically, any business that has between 1 (self-employed) and 50 employees qualifies to be called a small business.

However, you and I know that there are one-man 'briefcase' businesses in Nigeria that control billions of naira. As a result, personally, I think the term is very subjective. A business with N500k in startup capital may seem like a big business to you but to a bank manager or oil worker, it's just small.

I thought I should answer the question from both technical and 'real life' perspectives so you get the full picture.

I hope this explanation helps??

Thanks a lot for sharing these thoughts with us, God bless you. I am studying them and hope once am ready, you will be willing to partner with me.

what time

Wonderful!!!

It is very dazzling to read these ideas on Nairaland. Mr. OP, you are weldone. Keep it up. I believe so many people are consuming this.

www.nairaland.com

Please how can any of us understudy Laura Rutto or at least contact her @ Op May God reward your efforts with success . This is much more than a gold mine. This waste to wealth scheme is the best for me considering my field of study....

With all these ideas, somebody somewhere is still complaining of no job, praying and fasting to win visa lottery, washing plate in God knows country. I beg, money dey naija

With all these ideas, somebody somewhere is still complaining of no job, praying and fasting to win visa lottery, washing plate in God knows country. I beg, money dey naija

Nice Job @op. Following asap.

upengineer: With all these ideas, somebody somewhere is still complaining of no job, praying and fasting to win visa lottery, washing plate in God knows country. I beg, money dey naija

Calm down kid, no everyone wants to go into small business .

1mic_cza: www.nairaland.com

Please how can any of us understudy Laura Rutto or at least contact her @ Op May God reward your efforts with success . This is much more than a gold mine. This waste to wealth scheme is the best for me considering my field of study....

I'm not sure if Lorna offers any mentorship or coaching programs. But you can introduce yourself and request for assistance through her website at http://www.ecopost.co.ke/

Tolite22: I hope everyone's having a swell weekend.

I am very happy with the level of interest in this thread and would like to thank everyone who has given their kind feedback. I am deeply encouraged by your responses. Of course, this includes the many others who have been reading 'silently'; I see you too.

As promised, I look forward to sharing my next lucrative small business idea with you on Monday.

Until then, happy reading!

Please Tolite can we chat??Ma email is mimixlnt@gmail.com. If you are on bb, my pin's 217f42bd

Tolite22:

I'm not sure if Lorna offers any mentorship or coaching programs. But you can introduce yourself and request for assistance through her website at http://www.ecopost.co.ke/

Thanks so much I most certainly will...

Op thanks for this info. I have #500k and I live in Abuja. What business do u think I can do with that,renting shops here are so expensive,paying for any how shop may not work becos of demolition here and there. Thanks n waiting for your response.