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Visit www.angelstartups.com.ng.

Visit www.angelstartups.com.ng to find a viable business to invest in.

Visit your bank and ask that you want to invest in Nigerian Treasury Bills. It could give you more than 10% per annum (which is higher than inflation rate and better than savings rate). You could also visit www.angelstartups.com.ng for more assistance.

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Business is not done by using the mouth or tongue to analyse which business will do well or which will not, it's by taking a bold step and putting your money where that mouth is; this is the biggest step most humans fear. That's the step the OP has taken, if you think otherwise about his business, do well to try that bold step of dropping your funds for the type of business/ location you think will do better and come display some pictures for followers to see and believe you. Then, you would have shown people that the business or location is the only way to go.

Note: Everyone cannot be in one line of business, if that is the case, then there won't be people to serve us in other services we require in life. The so called dirty or menial or mundane business are actually very critical and indispensable to human existence (and in actual fact: they never witness austerity even during depression) and some people choose to do them not just to be cash-rich but to be 'happy-rich', in serving others. There are intrinsic values people derive from particular businesses as long as they are not running losses, please let them be encouraged.

@OP, ensure you keep your books properly, your income and expense book is very key to the growth and expansion of your business. Be disciplined to pay yourself a token as monthly salary and never be tempted to draw from the business haphazardly. Separate the business from personality, open an account with a bank and try to register with Corporate Affairs Commission. After 6 months of diligent book keeping, you would attract genuine investors (if you want) who will need to see your account statement and would gladly invest in you to grow/ expand.

All the best!

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Hello, how many vehicles have you started with personally? Do you have bank records to show your progress?

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Hello, since you are in school, look for students' needs that you could meet with as much/ little as the capital with you. Could be service based, could be product based. Students in Nigeria rely heavily on photocopied notes, you could lease a photocopier and run it yourself till you find a good hand to entrust it on.

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Visit www.angelstartups.com.ng and upload a summary proposal to justify why any investor should put his/ her funds with you and not anybody else.

Limit the capital required to the amount to purchase the least number of machines.

Lastly, have you considered leasing some of those equipment?

Regards.

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Hello Wirelessssss.

What we have provided for you as an Investor is a unique opportunity to check through potentially viable businesses (idea/ existing) that you think you can invest in (baring in mind the risk). It works this way; you find a start-up that is rated 3/5 and above, have a conversation with the founder of the idea/ business, the conversation usually starts with an email then phone discussion and finally one-on-one. If you find the founder and the business could meet your investment need (be it capital appreciation or income generation), you do either of 2 things;

Contact us to assist you 'vet' the business/ founder (here we would do our due diligence and involve our Professional Accountants and Lawyers).

Better still, you could proceed yourself and ensure you carry out due diligence on the business and founder (get a professional corporate lawyer, financial analyst and accountant), this comes with certain fees which is better for you to incur and avoid 'gambling with your money', even if you don't eventually invest in the business, than not doing due diligence and burning your fingers.

We are coming up with some updates and features in the next quarter which will make your investment life/ decisions easier.

Go to our portal, read through 'How it works' and get more information.

Send us a mail via enquiries@angelstartups.com.ng or directly to admin@angelstartups.com.ng for more assistance.

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Visit www.angelstartups.com.ng to find viable business to invest in.

No surprises if you followed this page; https://www.nairaland.com/1998269/what-economy-implication-oil-price#28075890.

1) OPEC expectedly refused to cut supply
2) Non-OPEC nations also produce crude oil and are also responsible for the huge supply in the market compared to demand
3) US commercial production of Shale oil (If crude oil price goes up, it makes Shale production economically viable, on the contrary, if price goes down, shale production could be stemmed

Expect the price to continue to fall in the short to mid- term, however, the market is expected to begin to correct the glut in supply soon after non-OPEC countries begin to feel the heat, they would be left with no choice but to cut their supplies as well.

Hello.

Have you started turning in profits from your existing business? How is the cashflow like? It's not advisable to start any business with debt. Have you looked at starting small and then growing from there? Is there a smaller version of the business you could consider?

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What type of investment would you like to consider? What is your risk appetite like, how long do you want to invest for and are you looking for capital security more, or capital appreciation more?

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What are the existing liabilities of the company? Hope it does not outway the assets. Its imperative to let potential investors know about this before they commit their funds.

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