Are you in need of well researched small business ideas?

What if you were given a list of new innovative product ideas to sell?

Will you act on it fast?

If yes, then below are a list of innovative product ideas you can sell.

It is often said that the world is filled with innovative ideas but the world lack experienced entrepreneurs. Now if you are to critique the most successful innovative business ideas that made headlines over the years, you will observe that they are mere business ideas that were improved upon. So in this article, I have identified 15 new product ideas that you can innovate on and sell this year. You can find such ideas below.





Top 15 Most Successful Business Ideas In Nigeria To Become Rich



P.O.P ceiling production

A new trend to really made good and legitimate money was introduced into Nigeria not too long ago. Many people would like to use Plaster of Paris on their houses but on the other hand do not know how easy it is to produce the ceilings. P.O.P ceilings are special ceilings made from Plaster of Paris, and many people think that they are more beautifying than other ceilings.

This is because you can have diverse designs of them and they could be more easily maneuvered for better aesthetic appeal. In addition Plaster of Paris ceilings are fire resistant and relatively lighter, thereby lessening the load on the beams and roofing structure of the houses.

Moreover, a prospective entrepreneur can actually produce the ceiling himself, as it is quite an easy process. There are other casting that could be made locally from P.O.P powder though, some of these others include polyurethane cornice, rosace and niche, columns & pedestals, doors and windows surround, etc but some of these might not be as easy, cheap or straight forward as ceiling tiles, and that is why it’s advisable to start that way.



Plantain Chips production

After removing the skin, the unripe fruit can be sliced (1 or 2 mm thick) and fried in boiling oil, to produce chips. Plantain Chips, if they are made of green plantains that taste starchy are called potato chips. If the chips are made from sweeter fruit, they are called ‘Banana Chips. They can also be sliced vertically to create a variation known as Plantain Strips.

Just make sure that you put your label on your product for branding purposes. The more you produce, the more money you make, because majority of Nigerian love plantain chips.



Liquid Air Freshener Production

Liquid air freshener is a product that plays a strategic role in homes, offices, etc. It is demand cut across sex age groups and social strata. This product can be prepared in a one-room apartment since all the chemicals involved are user friendly. Machines are also not required when producing in small or medium scale. All the chemicals required are locally available all year round. It is also heartwarming to know that the production technology is a very simple one.

Even an illiterate housewife can churn out good quality air freshener if well instructed. This product that has 80% water content and a high profit yield. There are high qualities and well-designed plastic containers that will give the product like this an irresistible finishing touch and they are all locally available.



READ ALSO HOW TO START A SMALL SCALE POULTRY FEED MANUFACTURING BUSINESS
Production Of Toilet Rolls And Paper

It is time Nigerian businessmen and potential investors became aware of the commercial viability and profitability of toilet rolls production. Toilet paper rolls are used for sanitation purposes in big hotels, educational institutions, cinema houses, fast food centers, water closet toilets etc. Most people even prefer it to handkerchief due to its relative cost advantage.

All Nigerian men, women and children consume toilet rolls. It demands is influence by population explosion, rapid urbanization and social awareness. Our local production is made more attractive because the raw materials are available locally. The machines can be fabricated locally.



You can set up the project without initially acquiring the machines, while you make a lot of money. The raw materials include jumbo reel, glue, paper; packaging materials include printed labels and nylon. If you are buying the machine, the machines required are core gluing machine, jumbo rewinding machine, core cutting machine and band saw cutting machine.



Setting up A Bakery

The amount require to set up a Bakery is directly related to the cash at hand, if you want to start small you can get a small parcel of about half a plot or a full plot of land and build a clay oven. It will cost you about N400, 000 to start, while it will cost between N4,000,000 (four million Naira) to N5, 000,000 or more to start on a large scale. It is very important to engage the services of skill labour that knows the ins and outs of bread baking.

You can operate 2 gang i.e. 2 shifts which is day and night. You will also need 2 apprentices who will provide all the necessary assistance during the baking process. You can also then enter a contractual agreement on how they will be remunerated; either on daily basis, weekly or monthly.



But in some cases, the laborers are paid between N500 to N1000 per bag of flour produced in every shift. Some laborers produce as much as 10 to 12 bags in their shift. Proper supervision is very important, as you must be vigilant, so that a bag of flour must not fall short of expected amount of quantity of bread.



Paint Production Business

Paint production business is a very lucrative business and its profit potential is very high. Going by the number of houses and other structures in the country, it is certain that you can never run out business if you go into paint production. Paint is an essential commodity needed for painting houses, offices, etc and the demand is on the increase. There is hardly any house that is not painted these days, so the market is there for you.

What is left for you to do is to penetrate and capture the market by producing good quality paint and marketing it very well. You can start your home-based paint production with as little as N100,000. The raw materials are readily available in the Nigerian market. You also don’t need any expensive equipment to produce paint; you only need some buckets and your two hands to do the mixing.

READ MORE HERE: https://www.wealth-ideas.com/top-15-most-successful-business-ideas-in-nigeria-to-become-rich

chrischukstony:
Are you in need of well researched small business ideas?

What if you were given a list of new innovative product ideas to sell?

Will you act on it fast?

If yes, then below are a list of innovative product ideas you can sell.

It is often said that the world is filled with innovative ideas but the world lack experienced entrepreneurs. Now if you are to critique the most successful innovative business ideas that made headlines over the years, you will observe that they are mere business ideas that were improved upon. So in this article, I have identified 15 new product ideas that you can innovate on and sell this year. You can find such ideas below.





Top 15 Most Successful Business Ideas In Nigeria To Become Rich



P.O.P ceiling production

A new trend to really made good and legitimate money was introduced into Nigeria not too long ago. Many people would like to use Plaster of Paris on their houses but on the other hand do not know how easy it is to produce the ceilings. P.O.P ceilings are special ceilings made from Plaster of Paris, and many people think that they are more beautifying than other ceilings.

This is because you can have diverse designs of them and they could be more easily maneuvered for better aesthetic appeal. In addition Plaster of Paris ceilings are fire resistant and relatively lighter, thereby lessening the load on the beams and roofing structure of the houses.

Moreover, a prospective entrepreneur can actually produce the ceiling himself, as it is quite an easy process. There are other casting that could be made locally from P.O.P powder though, some of these others include polyurethane cornice, rosace and niche, columns & pedestals, doors and windows surround, etc but some of these might not be as easy, cheap or straight forward as ceiling tiles, and that is why it’s advisable to start that way.



Plantain Chips production

After removing the skin, the unripe fruit can be sliced (1 or 2 mm thick) and fried in boiling oil, to produce chips. Plantain Chips, if they are made of green plantains that taste starchy are called potato chips. If the chips are made from sweeter fruit, they are called ‘Banana Chips. They can also be sliced vertically to create a variation known as Plantain Strips.

Just make sure that you put your label on your product for branding purposes. The more you produce, the more money you make, because majority of Nigerian love plantain chips.



Liquid Air Freshener Production

Liquid air freshener is a product that plays a strategic role in homes, offices, etc. It is demand cut across sex age groups and social strata. This product can be prepared in a one-room apartment since all the chemicals involved are user friendly. Machines are also not required when producing in small or medium scale. All the chemicals required are locally available all year round. It is also heartwarming to know that the production technology is a very simple one.

Even an illiterate housewife can churn out good quality air freshener if well instructed. This product that has 80% water content and a high profit yield. There are high qualities and well-designed plastic containers that will give the product like this an irresistible finishing touch and they are all locally available.



READ ALSO HOW TO START A SMALL SCALE POULTRY FEED MANUFACTURING BUSINESS
Production Of Toilet Rolls And Paper

It is time Nigerian businessmen and potential investors became aware of the commercial viability and profitability of toilet rolls production. Toilet paper rolls are used for sanitation purposes in big hotels, educational institutions, cinema houses, fast food centers, water closet toilets etc. Most people even prefer it to handkerchief due to its relative cost advantage.

All Nigerian men, women and children consume toilet rolls. It demands is influence by population explosion, rapid urbanization and social awareness. Our local production is made more attractive because the raw materials are available locally. The machines can be fabricated locally.



You can set up the project without initially acquiring the machines, while you make a lot of money. The raw materials include jumbo reel, glue, paper; packaging materials include printed labels and nylon. If you are buying the machine, the machines required are core gluing machine, jumbo rewinding machine, core cutting machine and band saw cutting machine.



Setting up A Bakery

The amount require to set up a Bakery is directly related to the cash at hand, if you want to start small you can get a small parcel of about half a plot or a full plot of land and build a clay oven. It will cost you about N400, 000 to start, while it will cost between N4,000,000 (four million Naira) to N5, 000,000 or more to start on a large scale. It is very important to engage the services of skill labour that knows the ins and outs of bread baking.

You can operate 2 gang i.e. 2 shifts which is day and night. You will also need 2 apprentices who will provide all the necessary assistance during the baking process. You can also then enter a contractual agreement on how they will be remunerated; either on daily basis, weekly or monthly.



But in some cases, the laborers are paid between N500 to N1000 per bag of flour produced in every shift. Some laborers produce as much as 10 to 12 bags in their shift. Proper supervision is very important, as you must be vigilant, so that a bag of flour must not fall short of expected amount of quantity of bread.



Paint Production Business

Paint production business is a very lucrative business and its profit potential is very high. Going by the number of houses and other structures in the country, it is certain that you can never run out business if you go into paint production. Paint is an essential commodity needed for painting houses, offices, etc and the demand is on the increase. There is hardly any house that is not painted these days, so the market is there for you.

What is left for you to do is to penetrate and capture the market by producing good quality paint and marketing it very well. You can start your home-based paint production with as little as N100,000. The raw materials are readily available in the Nigerian market. You also don’t need any expensive equipment to produce paint; you only need some buckets and your two hands to do the mixing.

READ MORE HERE: https://www.wealth-ideas.com/top-15-most-successful-business-ideas-in-nigeria-to-become-rich

Would love you to mentor me into financial prosperity. If u buy the idea, kindly say yes or send me an email on my signature