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5 Hidden Secrets Of Making Money From Yam Business Exposed. - Agriculture - Nairaland

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5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 7:32am On Sep 30, 2014
In Nigeria,yam business is a profitable food business,that will make you millions of naira as the dry season approach.only if proper knowledge of the business is acquired.

1.Yam marketing business opportunities.

Buying yams cheap in bulk of 100s from high yam producing states in Nigeria and selling them in consumption areas like Lagos,PH,Kano,Enugu,Bayelsa etc will make you profits at the end.

The idea is that you locate the local yam markets or hinterland in these yams producing states to buy yams cheaply and arrange for transport to convey them to big cities for you.you can also commission a food gate agents to get yam tubers for you.Trucks for transporting ware yams to these places ie consumption areas are available at these local markets which can be hired individually or by a group of yam marketers.At all the consumption cities, there are organised yam zone or yam markets like mile 12 in Lagos where yam wholesalers and retailers are ready to pay you cash for your ware yams.Repeat this process and money start rolling.

Details of the yam producing states and towns with cheap supply of yams,names of local markets,market days of these markets and contacts of yam association heads in these producing states are below.

2.Yam flour processing business opportunities

3.Yam seeds business opportunities

4.Yam export business opportunities.

5.Yam transportation business opportunities

6. Yam farming business opportunities

7.Yam storage business opportunities.

8.Yam farming input business.

9.Micro-finance provider business opportunities



Call or WhatsApp for the ebooks 08067704237
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 8:17pm On Sep 30, 2014
2.Yam flour production business opportunities.

Yam farmers in oyo states has since been producing yam flour traditionally in the form of "elubo".But newer products have emerged in urban markets like neatly packaged poundo yam product produce by some companies in Lagos and ibadan.

Elubo is produced locally by parboilling yams,peeling them,slicing them to smaller size and exposing them to sun or heat to dry properly,then gounded and store away for use whenever the need be.

but supposing you have an idea of what it takes to get you own poundo company running, what make you think you will not make money? There are examples of companies doing this already in the ebook that you can get IQ from.
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 7:37am On Oct 01, 2014
3. Yam seeds business opportunities.

Farmers faces insufficient supply of yam seeds at both quantity and quality levels.
Most farmers try as much as they can to preserve seed yams from 1 havesting season to another planting season by havesting a particular yam plant twice,first is the main tuber while it plant is still green with leaves,second when the last phase of this greeness may have help produce seed yams.
but often time pest and disease attack these locally preserve yams.

If only most farmers knew that there are specialise Govt establisment dedicated to provide quality certified seed yams.How if you are a smart and apply for seed yams in these govt place and delivery them to farmers during a range of time,you will certainly been in money as farmers always scamble to buy yam seeds..
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 10:45am On Oct 06, 2014
Why trade and store yams

1.yam is important stable food and cash crop.

2.yam tubers have ability of staying longer than most roots and tuber crops like cassava and sweet potatoes.
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 10:58am On Oct 06, 2014
Among other important players in the agro business stated in the book is the Nova technologies Ltd. Oyo state. Nigeria

@Nova technologies Ltd(google it),you can get poundo yam machine for sale,which concerns this thread but other machines like fish smoking kiln for sale,palm oil processing machines for sale,groundnut oil processing machine for sale,grain sheller for sale,sets of cassava machine for sale,planters for sales,tractors for sales,feed millers for sales,fruit juice machine for sales,egg hatcher for sales etc
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 4:18am On Oct 12, 2014
With high population in lagos and approaching dry seaon and xmas you will be profiting from yam
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by M4gunners: 8:24am On Oct 12, 2014
I'm interested in yam storage and packaging. I we be happy if you can help me with any idea of the packaging machine(the cost ) for the Machine and were i can get it Thanks.
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by gbolahanoluyemi(m): 9:10pm On Oct 12, 2014
STARTING YOUR BUSINESS IN COMPLIANCE WITH THE LAW

Starting a business can be a difficult step to take; potential entrepreneurs have lots of issues to worry about. The challenges of marketing, human resource and surviving in the economy usually top the list of most entrepreneurs.

However, as sweet as an entrepreneur’s marketing and business plan may appear, it could be destroyed by an incompetent legal framework. A good business plan should have a solid legal foundation. Failure to provide this foundation could throw away the capital planted by the entrepreneur and in some circumstances put him/her in jail.

Starting your Business

The first legal hurdle to race over at the starting point is incorporation/registration of business. At this point, it is essential to note that, am entrepreneur has two options. He/She could either incorporate a company or register a business name. The key difference is that, a company in the eye of the law is an artificial person having similar right like a normal human being while the business name is merely a license to carry on business under name.

Another difference is that a company cannot be formed by less than two persons while a business name can be formed by one person. In practice, business name is suitable for sole proprietorship, partnership, professional services, micro-risk investments and small scale business. The nature of the business will however determine which option is best for you. There are six different types of companies, kindly consult your Solicitor on advice as to which of the six types or business name is suitable for your business.

Should your business be a partnership, you may need a partnership agreement which will spell out your rights, obligations and entitlements under the business. However in cases of companies, the Memorandum and Articles of Association seems mostly sufficient, however you may in some instances need a shareholders agreement or a joint venture agreement. It is in the interest of your business that you seek professional advice from your Solicitor.

After Incorporation/Registration

Having incorporated/registered the business at the Corporate Affairs Commission (CAC), then the business takes legal shape. The next step is to consider if there is any statutory law, stipulating certain condition(s) for carrying on such business. For instance, in Lagos State, persons who intend to do business of selling motor vehicles or its parts must register within 30 days of commencement of such business (See Sections 1 & 2(1) of Motor Vehicle and Motor Vehicles Spare Parts Law of Lagos 2004)

To mention few of such businesses, a business of sand dredging in Lagos requires you to obtain permit from the office of the Special Adviser on Mineral Resources and Development, failing which, you will be liable for 6 months imprisonment or N1,000,000 fine (See Section 2 of Regulation of Sand Dealings and Dredging Operations Law 2004). Business of Estate agency also requires registration pursuant to Lagos State Estate Agency Regulatory Authority Law 2007. Failure to register as an Estate Agent in the case of an individual attracts a penalty of N100,000 and that of a company attracts a penalty of N500,000.

The Hotel Licensing Law of Lagos 2010(as amended) also requires persons in hotel and tourism center business to register pursuant to Section 4 of the Law and further renew their license annually. The law also provides regulations for running hotel and tourism business. An example of such regulation is a requirement to display license on a conspicuous place in the hotel. Please consult your Solicitor on legal advice/opinion as regards the requirement of law guiding your proposed business.

After complying with the registration and license requirements, then the next thing to do is to consider if what you sell (goods and service) falls under the goods taxable by the value added tax. If it does, then you have to register with the Federal Inland Revenue Service for VAT remittance. After all these, your business have taken legal shape, you now need those marketing and entrepreneurial skills to keep it moving at the pace you desire.

Definitely, you will be considering labour, you should then consider the provisions of the 2014 Pensions Act for regulations as to the deductions you will make from employees salary for remittance to their pension funds administrators. Consult a Solicitor of your choice to take you through these legal hurdles, so that you will be able to confidently certify you operate business in accordance with the law.

On a final note, as insignificant as it appear, book keeping and adequate record keeping is essential for every business. The keywords are that, you never can tell when you will need those documents, keep them well.

Thank you.


For further enquiries, please email omogbolahanoluyemi@gmail.com

3 Likes

Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 3:10pm On Oct 14, 2014
nov/dec is the peak period for yams

1 Like

Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 5:26pm On Oct 15, 2014
emmykk:
In Nigeria,yam business is a profitable food business,that will make you millions of naira as the dry season approach.only if proper knowledge of the business is acquired.

1.Yam marketing business opportunities.

Buying yams cheap in bulk of 100s from high yam producing states in Nigeria and selling them in consumption areas like Lagos,PH,Kano,Enugu,Bayelsa etc will make you profits at the end.

The idea is that you locate the local yam markets or hinterland in these yams producing states to buy yams cheaply and arrange for transport to convey them to big cities for you.you can also commission a food gate agents to get yam tubers for you.Trucks for transporting ware yams to these places ie consumption areas are available at these local markets which can be hired individually or by a group of yam marketers.At all the consumption cities, there are organised yam zone or yam markets like mile 12 in Lagos where yam wholesalers and retailers are ready to pay you cash for your ware yams.Repeat this process and money start rolling.

Details of the yam producing states and towns with cheap supply of yams,names of local markets,market days of these markets and contacts of yam association heads in these producing states are below.

2.Yam flour processing business opportunities

3.Yam seeds business opportunities

4.Yam export business opportunities.

5.Yam transportation business opportunities

6. Yam farming business opportunities

7.Yam storage business opportunities.

8.Yam farming input business.

9.Micro-finance provider business opportunities









Get a copy of the comphensive guide of yam business ebook for N3000 text 08067704237
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 3:01am On Oct 16, 2014
Yam storage business opportunities.

Most agricultural produce are seasonal,while yams will be in abundance by NOV/DEC depending on the various producing states, there will be a time when it will be very scare and expensive than as it currently is.

Those living in yam producing states or comsumption areas can make good return if they rent or own a warehouse and start stockpiling the ware yams.this can be done if you know ways to store yam without it getting spoil or sprot to grow.the strategies use by farmers to keep satisfying us with fresh yam all year round can be learn from the book.

Currently 100pcs of yam that go for N9000 will gets to N7000 by nov/dec.

If you save a N70 yam during peak season to scares period when the same yam will be N140 or more calulate your profit aganist the quantity you store...

Knowlege is power even if you are not going to use it.
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 6:45pm On Oct 22, 2014
According to the advice contain in the yam business book lagos,abeokuta,eruwa,ijebu,shasha,ikorodu,republic of benin are the major places in western nigeria that consume yams heavyly.they serve as you markets
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 4:46am On Nov 05, 2014
To be a successful yam seller,you have to visit yams prodoucing states like benue state etc close to you and deals on high quantities and big sized yams at good prices.i.e like 1000+ and above quantity.

Getting yams cheap is easy and like most business selling yam fast is what make you profit.marketing strategy then is gets chains of yam outlets where you distribute these yams to as you are returning from your purchasing point.if you have like 5 outlets or more good own by you OR make arrangement with market women or shops in good location and share a marginal profit with them for agreeing to create a space in their market location and sell your yam ware. Or sell to them outrightly.


The ebook has it all
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by researchwork: 2:20pm On Jul 05, 2016
good post on making money through the sell of yam....



to know more about Comparative Analysis Of Costs And Return of Different Yam Species, just visit http://www.projectandresearchwork.com/195-2/



or
visit www. projectandresearchwork.com
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by Ups01(m): 3:42pm On Jul 14, 2016
emmykk:
To be a successful yam seller,you have to visit yams prodoucing states like benue state etc close to you and deals on high quantities and big sized yams at good prices.i.e like 1000+ and above quantity.

Getting yams cheap is easy and like most business selling yam fast is what make you profit.marketing strategy then is gets chains of yam outlets where you distribute these yams to as you are returning from your purchasing point.if you have like 5 outlets or more good own by you OR make arrangement with market women or shops in good location and share a marginal profit with them for agreeing to create a space in their market location and sell your yam ware. Or sell to them outrightly.


The ebook has it all

Is the book still available?
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 8:55pm On Oct 06, 2016
Fiiro.gov.ng can sell settee of all the equipment needed to start your pounded yam flour business.
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by 100Cents: 8:16pm On Feb 27, 2017
NICE THREAD..
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by 100Cents: 8:44pm On Feb 27, 2017
gbolahanoluyemi:

STARTING YOUR BUSINESS IN COMPLIANCE WITH THE LAW

Starting a business can be a difficult step to take; potential entrepreneurs have lots of issues to worry about. The challenges of marketing, human resource and surviving in the economy usually top the list of most entrepreneurs.

However, as sweet as an entrepreneur’s marketing and business plan may appear, it could be destroyed by an incompetent legal framework. A good business plan should have a solid legal foundation. Failure to provide this foundation could throw away the capital planted by the entrepreneur and in some circumstances put him/her in jail.

Starting your Business

The first legal hurdle to race over at the starting point is incorporation/registration of business. At this point, it is essential to note that, am entrepreneur has two options. He/She could either incorporate a company or register a business name. The key difference is that, a company in the eye of the law is an artificial person having similar right like a normal human being while the business name is merely a license to carry on business under name.

Another difference is that a company cannot be formed by less than two persons while a business name can be formed by one person. In practice, business name is suitable for sole proprietorship, partnership, professional services, micro-risk investments and small scale business. The nature of the business will however determine which option is best for you. There are six different types of companies, kindly consult your Solicitor on advice as to which of the six types or business name is suitable for your business.

Should your business be a partnership, you may need a partnership agreement which will spell out your rights, obligations and entitlements under the business. However in cases of companies, the Memorandum and Articles of Association seems mostly sufficient, however you may in some instances need a shareholders agreement or a joint venture agreement. It is in the interest of your business that you seek professional advice from your Solicitor.

After Incorporation/Registration

Having incorporated/registered the business at the Corporate Affairs Commission (CAC), then the business takes legal shape. The next step is to consider if there is any statutory law, stipulating certain condition(s) for carrying on such business. For instance, in Lagos State, persons who intend to do business of selling motor vehicles or its parts must register within 30 days of commencement of such business (See Sections 1 & 2(1) of Motor Vehicle and Motor Vehicles Spare Parts Law of Lagos 2004)

To mention few of such businesses, a business of sand dredging in Lagos requires you to obtain permit from the office of the Special Adviser on Mineral Resources and Development, failing which, you will be liable for 6 months imprisonment or N1,000,000 fine (See Section 2 of Regulation of Sand Dealings and Dredging Operations Law 2004). Business of Estate agency also requires registration pursuant to Lagos State Estate Agency Regulatory Authority Law 2007. Failure to register as an Estate Agent in the case of an individual attracts a penalty of N100,000 and that of a company attracts a penalty of N500,000.

The Hotel Licensing Law of Lagos 2010(as amended) also requires persons in hotel and tourism center business to register pursuant to Section 4 of the Law and further renew their license annually. The law also provides regulations for running hotel and tourism business. An example of such regulation is a requirement to display license on a conspicuous place in the hotel. Please consult your Solicitor on legal advice/opinion as regards the requirement of law guiding your proposed business.

After complying with the registration and license requirements, then the next thing to do is to consider if what you sell (goods and service) falls under the goods taxable by the value added tax. If it does, then you have to register with the Federal Inland Revenue Service for VAT remittance. After all these, your business have taken legal shape, you now need those marketing and entrepreneurial skills to keep it moving at the pace you desire.

Definitely, you will be considering labour, you should then consider the provisions of the 2014 Pensions Act for regulations as to the deductions you will make from employees salary for remittance to their pension funds administrators. Consult a Solicitor of your choice to take you through these legal hurdles, so that you will be able to confidently certify you operate business in accordance with the law.

On a final note, as insignificant as it appear, book keeping and adequate record keeping is essential for every business. The keywords are that, you never can tell when you will need those documents, keep them well.

Thank you.


For further enquiries, please email omogbolahanoluyemi@gmail.com



Great input..
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by PalmoilSupply(m): 4:50am On Mar 05, 2017
i bought your yam book and put what was stated in practise and am making 200K regularly.

this year i want to put the palmoil knowledge you attach to work and see how it will pan out.

thank you very much @emmykk
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by Networthh: 10:52am On Mar 05, 2017
Nice one
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 7:25pm On Mar 05, 2017
PalmoilSupply:
i bought your yam book and put what was stated in practise and am making 200K regularly.

this year i want to put the palmoil knowledge you attach to work and see how it will pan out.

thank you very much @emmykk
ypu are welcome
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by TUBLEZ(m): 9:50pm On Mar 05, 2017
PalmoilSupply:
i bought your yam book and put what was stated in practise and am making 200K regularly.

this year i want to put the palmoil knowledge you attach to work and see how it will pan out.

thank you very much @emmykk
And u just registered on nairaland on march 4 2017?

3 Likes

Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by PalmoilSupply(m): 10:42pm On Mar 05, 2017
TUBLEZ:
And u just registered on nairaland on march 4 2017?


i have been visting nairaland for long i only just decide to register now.
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 5:20pm On Apr 11, 2017
thanks to those who have purchase this well researched ebook.

You will also get palm oil business ebook secrets that no 1 want you to know attached.

You do the yam from north you do the palm oil from south
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by luvtoteach(f): 7:56pm On Apr 11, 2017
@emmyk how do i get the ebook
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by Emmyk(m): 10:55am On Apr 12, 2017
luvtoteach:
@emmyk how do i get the ebook
Lol. And I was wondering what eBook... You mentioned the wrong Emmy.
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 7:27pm On Apr 20, 2017
hello every1
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by badguys: 12:20pm On Apr 25, 2017
emmykk:
hello every1

Good day emmy, I think you can be of assistance to me. Please can I PM you or get you on whatsapp because I need few clarifications for you.
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by Noblepreneur: 5:13pm On Apr 25, 2017
Nice work you are doing.
emmykk:
nov/dec is the peak period for yams
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 6:44pm On May 04, 2017
good evening folks
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by emmykk(m): 10:26pm On May 05, 2017
someone asked me about the rudiment of the business?the rudiment involves locating contacts from where the yams are cheap and buy and resell in places where they are high in demand
Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. by hunda: 2:24pm On May 08, 2017
emmykk:
someone asked me about the rudiment of the business?the rudiment involves locating contacts from where the yams are cheap and buy and resell in places where they are high in demand



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