Frantic efforts should be made to reposition the SME sector to support the economy

The raw material for the production of these chemical based products are readily available in the market and sold by merchants whom are largely involved in import in Nigeria.

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Using your owned Media

This is your own space. Have you ever thought of developing a website for your brand? This is a platform that can be sorely yours and which you can to tell the world about who you are and and what value you can add. This does not have to be expensive or elaborate.

Being a successful entrepreneur means more than starting new ventures every other day. It means the right attitude towards a business and the determination and grit to achieve success. A successful entrepreneur has a strong inner drive that helps him or her to succeed.

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There are many website templates that can be purchased online at affordable cost which you can then customize to fit your brand story. You can also visit SME toolkit website and access the "shop factory" portal to customize your site. Other owned spaces that one can use are your company letter headed paper, business cards, brochures, etc. Maximize this for your benefit - afterall you do not need to pay for the use of the space.

Chemical Production Manual: A guide to production of Chemical based products in Nigeria + Over 100 detailed product formulations, processing method & usage, Equipment & tools, quality parameters, raw material, Safety standard & Precautions, useful tips and all relevant information.

Appraise & Evaluate

It is important to check for the effectiveness of your campaign and ascertain if the target market is being impacted, the perception of customers about the brand etc as an SME, you will not have the funds to undertake an elaborate research.

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There are many ways to gather feedback:

1. Your website should have a feedback form which will give an opportunity to communicate customer/client perception of you and your service.
2. Ensure that you get your clients/customers to provide you feedback after enjoying your brand. If they are satisfied, commit them to give you a testimonial that you can subsequently use.

What is the use of Texapon in liquid soap?

One of the functions of texapon in liquid soap production is to replace LABSA, a phosphate that can be reduced or saved. Well, as you can see, the texapon plays a big role in liquid soap production. The main function of this chemical is that it is a foaming booster agent.

Appraise & Evaluate:

You can track impact on sales too. Are your efforts being rewarded with growth in your customer base and transactions?

By the time you check all the parameters and ascertained impact generated, you can decide if you want to stick with your plan or you may want to tweak it a little.

You need to understand that branding requires consistency. You cannot expect a quick fix. Companies continue to spend money on building their brands, even after 100 years and above in existence. It is a marathon and not a sprint.

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100 Unconventional Sources For Chemical Business Funding:

In today's business world, big banks are tightening up more than ever, and venture capitalists are becoming more careful with their investments. So now is the time to get creative with entrepreneurial finance and seek out sources you might not have thought of to start your chemical business. Now, you can try a couple ideas and it might be your saving grace.

1. Assistance from Religious Groups: Obtain loans from religious bodies you are associated with.

2. Title Loans or Tangible Asset: If you have paid off your car, a house or land, you can get a title loan against it's value, similar to a home equity loan.

3. Talk to a small business Finance Expert: Some business financial expert are real gurus. They can help you raise capital in ways you never know. You can give it a try.

4. Whole Life Insurance: You can borrow against your whole life insurance policy, but be careful not to default, terminate your policy, or die.

5. Sell your Share Certificate to raise money:
Do you have share in the stock exchange? You can consider trading them off.

Wishes all our clients the best of the weekend.

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6. Home Equity: A lucrative funding source just might be where you rest your head at night. Of course, if you screw up, you just might end up not living there any more.

7. Retirement Accounts: Raid your retirement savings to put the money into a more here and now investment.

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8. Start as a Consultant:
If you have knowledge in an industry but lack the capital to set up a business, you can start as a consultant.

9. Save it up:
Give yourself 1 or 2 years probation to save up. This require absolute discipline but you can do this, then you can comfortably start your dream business.

10. Money Lenders: Approach money lenders in your area to lend you money with interest. Loan companies offer outright loans to businesses who otherwise wouldn't qualify for anything through big banks.

11. Make money from your hobby:
What do you like doing? It can fetch you some money to start up a business.

12. Join a Co- operative Society or thrift Organization:
There are cooperative society and they can give you financial assistance if in need. You join them, save a minimum of six months, which qualify you twice the amount of your savings.

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13. Advance Salary Loans:
If you are a salary earner, you can obtain an emergency loan which will get deducted overtime.