₦airaland Forum

Even during this crisis, some small business are still plying their trade and making money in the process especially those in the essential services segment.

There are many lessons to be drawn from here.

I work in a bakery and I can tell you there has been no dull moment.

We produce everyday even though we have experienced a 13% drop in our production volume but we are still producing nonetheless.

Our distributors have also been making money especially those ones that have their own cars and come to the bakery to lift products.

For those who don’t have vehicles we have worked out a mutually beneficial delivery arrangement that ensures that we have a win-win situation.

On the whole it has been an interesting experience even though we also look forward to a return to normalcy.

Waksdabos:
Hi,
I have 200k in the bank. I like multiplying my money instead of keeping it in the bank without much interest. Due to the nature of my job I can't kick start a business for now.

Nairalanders, pls I need genuine platform with proven track record to invest my money for a reasonable ROI (Return On Investment).

PLS, DON'T RECOMMEND PONZI SCHEME OR SHADDY INVESTMENTS.

Would you be willing to fund a new product line within an existing business with 5% monthly profit with quarterly cycles?

Commencement would be on the 1st May 2020 with a termination date of July 2020 when your entire investment is returned.

Your monthly 5% would however be paid on 31st May, 30th June and 31st July (together with the capital).

The above arrangement is irrespective of the Covid19 Lock-Down.

Beedude:
People that cant run a small grocery shop successfully will be bringing theories from books written by a white man without considering the environment such business operates. Now i see why the rate of unemployment is high in this country. An average graduate just wanna be employed and collect paycheck at the end of the month. Such mentality will further increase the rate of unemployment after this pandemic

I don't understand why we are so enamoured by the deadbeat concept; 'graduate'. If you are running any business in Nigeria and have had need to interview for vacant roles you will come to real terms with the emptiness of that word as given expression by the majority of contemporary school leavers. It is a very sad situation but it is not discussed because of the sensitivity of the subject matter.

The school system is just producing husks for us at least in the majority of cases.

Somebody will be telling you that salaries should not be paid from immediate income which in real terms is not practicable for a small business that is perhaps new underfunded, underpatronized and run by inexperienced though passionate minds.

An interaction with those Alhajas selling lace and Guinea brocade in Tinubu square will unveil the mockery of an educational system and its products.

Experience will yet come to our aid in everything.

With the obvious lack of any reasonable palliative for its citizenry the Nigerian state will have to undergo a very grim post Lock-Down experience.

Our government is not providing any stimulus for small and medium businesses that will have immediate and direct impact on the macro economic ecosystem. Companies were already under-performing as a result of the very poor economic atmosphere prior to the Covic 19 induced lock-down.

While I do not wish to appear completely pessimistic it is important that we look at this thing the way it actually is. Its going to be a very tough phase in our evolution. This knowledge should however not terrorize us but prepare us to face headlong the reality that will be presented at the end of the lock-down.

I am of the opinion that despite the fact that things look rather dour, if one should open his/her eyes and look closely and perhaps shift our paradigms a little one could emerge unscathed from all of this. the only way this can happen is for you to be prepared.

So many people will take advantage of the gaps that will emerge as a result of this Lock-down crisis and thus set a foundation for greatness from there.

Others will refuse to look at the opportunities but will rather brand themselves as victims of the pandemic.

Truth be told the labour market is going to be stretched beyond its seams as a result of job cuts and company insolvencies.

There will be a hue and cry everywhere. Government will not be able to help because they will be overwhelmed naturally.

Despite this a lot of people will still be able to stand tall and swim through the murky waters of the post Covid lock-down environment.

Will you be among the strong?

How do you intend to weather this storm?

sucess001:
Depends on your management.

A well run organisation [/b]can still pay and absorb a months salary despite no revenue.

After a month, they may start slashing or laying off.

I see a lot of people commenting that companies can't pay...[b]but the company should be paying salaries from immediate income. Shows poor cash flow planning

I hope this is only applies to only large establishments as many of the smaller ones cannot run this efficiently at least in this economy.

Finally, there is a clear cut distinction between theory and reality.

It doesn't look like you have any experience running a shoe string or hamstrung budget micro business.

What good can possibly come out of the isolation we are all going through at the moment?

We seem to have a lot of idle time on our hands.

What can we accomplish with this time?

How can it be put to use to bring about some benefits in the immediate and remote future?

What lessons have been brought to bear on us as individuals and as a people?

I suppose that this lock-down experience would have different effects on different people depending on your world view.

I am of the opinion that this experience can be used for good. It is for this reason that I will create some time during this break to discuss possibilities that can arise as a result of this experience.

Please let it be known that we live in a country where we cannot in our right minds expect anything from government by way of stimulant packages, palliatives and any other form of support.

It therefore becomes our direct responsibility to cater for ourselves (and our immediate dependents) directly and in all ramifications.

I will expand on the opportunities that exist in the foods distribution business especially as it is directly related to an area where I have some considerable experience and competence; Bread distribution.

Thank you so much for this post.

Nigerians are really unreasonable.

May our ignorance not eventually be our bane.

Kinikini:
Your vituperations speak more to your character than to the person you responded to. The guy said you should reason together. Was that too much? Anyway, supposing the guy runs a business that was already distressed and over burdened with multiple taxations as is currently the case with most SME? Do you expect the company to pay salary for work not done. Even abroad with strong SME, the workers are not going to be paid and the more reason they filed for unemployment benefit with the government. Everyone whose salary is impacted by the COVID 19 pandemic could approach the government for a bail out rather than expect a business owner already being strangulated by the government with multiple taxes and lack of supporting infrastructure to bail them out. Finally, what happens to savings made by employees from prior salaries? No one expect this and we should just look for a common ground depending on the employees and the organization's ability. There should be no entitlement mentality on this matter.
quote author=hamid6249 post=88456278]What stupid rationale?this shows how wicked you are in real life ,so thier familiesshould be eating sand during the lock down and you expect them to come back licking your ass when the lockdown is over ,I'm sorry you are nothing less than those Lebanese that uses our brothers like slaves.what happens to advance salary,soft loans ,reduction in salary to accommodate partial loss of revenue , small stipend to at lease get food for their families ..oga you are a wicked or intending wicked boss

hamid6249:
What stupid rationale?this shows how wicked you are in real life ,so thier familiesshould be eating sand during the lock down and you expect them to come back licking your ass when the lockdown is over ,I'm sorry you are nothing less than those Lebanese that uses our brothers like slaves.what happens to advance salary,soft loans ,reduction in salary to accommodate partial loss of revenue , small stipend to at lease get food for their families ..oga you are a wicked or intending wicked boss

Wow! Its amazing how you can profile personalities just by reading between the lines in every post made.

Hamid, the venom in your post is forgivable primarily because you have no idea of how a small business runs especially in this country.

Many small businesses are operating on the edge of the precipice. Indeed I know many bakeries that have shut down (hopefully this is temporary)
just because of the increase in the cost of essential raw materials. Some have also been threatened because they operate with a minimal gross profit margin which is predicated on a keen competition the are facing in their segment.

At the end of every month they can barely meet payments to suppliers and other contingent costs.

I will however assume that your post was anchored on your humanitarian leaning and not on experience as a business owner or as a dispassionate observer of the economy and our local business atmosphere.

Please understand that many companies are operating on hope and it will take a while before they break even and thus have a reservoir they can tap into. These are definitely not easy times for the business owner.

Many suggestions have been advanced above and some of them are quite sterling. The solution i would like to proffer is that when work resumes workers should work a bit smarter and harder to ensure that things get back to normal as soon as possible.

One of the options available is that there will be no bonuses and 13th month this year. Companies should collapse those monies into April salary and start paying it off weekly.

Where there is a will there is a way.

Hello guys!

Would this be a good time to continue with this thread?

Please I ned help.

I have recently moved to a Redmi 8 (4/64).

I need someone to kindly recommend an app that I can use to download music online and save it on my phone (preferably on the External SD card). Most of the music may be downloaded from Youtube.

In my previous phone which was a Nokia Lumia 730, I had downloaded a wonderful app called Tube Downloader which I paid for via their store.

This was a perfect app for the purpose for which I downloaded it for.

Thanks in advance.

GrandMufti:
Tubemate or NewPipe

Thanks Sir!

I checked for both on Playstore and couldn't find any of them.
I noticed that I couldn't even find the popular dating app Inmessage.

Is there something I am doing wrong?

Please help.

Please I ned help.

I have recently moved to a Redmi 8 (4/64).

I need someone to kindly recommend an app that I can use to download music online and save it on my phone (preferably on the External SD card). Most of the music may be downloaded from Youtube.

In my previous phone which was a Nokia Lumia 730, I had downloaded a wonderful app called Tube Downloader which I paid for via their store.

This was a perfect app for the purpose for which I downloaded it for.

Thanks in advance.

Trojan8:
Looking for a means to earn online. But the third paragraph shows he is at least earning online

Thanks for the attempt at giving my post some more clarity.

1. All I am saying is that I am interested in making some money from a legit online business.

2. I am making some reasonable profit from small offline side - hustles (not much but at least reasonable)

3. Can someone guide me as regards getting into the right earning platform/model?

And no, I couldn't survive as Prof.

Many thanks all the same for the suggestion.

I have been trying to get some form of bearing as regards earning some money from online efforts but this hasn't quite yielded.

My efforts seem to be distracted by the proliferation of options. I also know that I am hampered by the fear of a gestation period which will enable learn enough about the business before the money starts rolling in.

A third problem seems to anchor in my ability to formulate and implement simple models that can yield regular income for me. The income has been as small as 20,000 per week but it is consistent even in this Corona Virus period. And honestly I am indeed grateful for this model because of its relative ease and minimal startup-capital outlay requirement.


The desire to move with the times weighs on me and one then begins to imagine how fast one can develop an earning funnel that is regular when compared with my terrestrial earning.

Is there anyone with any ideas on how I can go about it? Please make your suggestions here.

We are still welcoming applications for this role.

We are still welcoming applications for this role.

Haywhyluv:
Good morning, am interested, but don't have the former experience, but have leadership quality

These guys are very serious minded business people.

They cannot invest in tens of Millions and then hire trainees.

Their first hirelings will naturally be highly qualified and experienced personnel to reduce the incidence of trial by error.

Please do not bother applying if you do not meet the criterion.

They are more inclined to negotiate a higher salary than hire unqualified persons.

Be advised accordingly.

Good morning!

This is a part time SALES role.

It is easy as we provide guidance for all new comers as they make baby steps.

SoNature:
I don't joke with Abraham Maslow Hierarchy of Needs

It's one of the few principles I learned in school and still use it to explain human behavior to date

May God bless that man

And bless us too and more especially the leaders in our contemporary world, who understand that the fight and ultimate victory over this pandemic requires decisive action geared towards providing food for the masses who are inclined to move around and spread the virus if food is far-fetched.

I just noticed yesterday that there was quite a crowd in a neighbourhood fuel station operating under one of the major brand names.

Several people on queue to buy LPG (Domestic Cooking Gas).

The most noticeable thing was the fact that most of the buyers carried cylinders that reflected their economic status.

The smallest of cylinders was most noticeable.

There were very few of the standard 12.5 cylinders that most middle class families prefer to use.

Absolutely no 50 kg cylinder in sight.

You may wish to draw your own conclusions.

Franzinni:
guy I dey suspect you ooo as you dey pass there regularly to see if den open. Haha come to sambisa forest hotel and bar and enjoy yourself ... Tall fat or skinny all dey for hia haha

Please state the location of Sambisa forest hotel (provided it is in Lagos).

I might just take on this invitation.

RapistOnBail:

If I'm to be given a life sentence, I will cut of my Dick.

Life can't be this boring abeg!

Meanwhile,

I'm using this free time to uncover the lies in the Religious books ..

Your last sentence is simply hilarious but a serious basis for introspection.

Enjoy your epiphany!

Franzinni:
Condom is hot cake her in ashawo hotel

Funny you!
I passed by a popular joint yesterday that has a notoriety for this genre of practitioners and it had practically lost its very essence.

Mind you I passed there twice; once in the afternoon and later at night.

And please do not misinterpret my passing there regularly. It was strictly for business.

Babatunde40:
Nothing oo. People don't even know what they want right now

There is some truth in this but notice also that even though they get to the shops/kiosks without anything particular in mind, they still leave with something. What is it they are inclined or persuaded to buy?

rottable:
Anything food is hotcake here @ikorodu

I agree with you completely. Abraham Maslow was correct to the very letter.

But dear Sir, among all the varied and many types of food variants, what is the hottest of them all?

Which one are people grabbing up fastest?

Hello guys!

I hope you are enjoying this period.

For some of us we are even working harder than when there is a regular hustle and bustle.

An argument ensued last week among my business associates and it revolved around which product that would be in highest demand during this period.

Many positions were advanced and defended which I will share here.

Lets make it interactive, share your personal demand experience and the demand profile in your neighbourhood.
This can be achieved by simply questioning the shopkeepers in your residential vicinity.

This is the stuff of research and the results of the little effort can help you immeasurably. Details later.

Still available!

Still available!

VACANCIES FOR PART TIME MERCHANDISERS

We are a young but fast growing bakery.

We produce different kinds of regular and specialized bread.

We seek serious minded candidates we can employ to fill the position of Merchandisers. They will work in a part time capacity and only within their neighbourhood.

Only candidates residing within Lagos, Abeokuta and Ibadan will be considered.

Salary will be paid monthly.

Transportation will also be provided on a weekly basis.

Commissions will also be paid to serious and result oriented staff who are performance driven.

Interested candidates should send an indication of interest via;

onyxxbleu@gmail.com


You can also send us an indication via text message or whatsapp;

0-8-0---3-3-3---4-0-4---1-1

Please clearly indicate your preferred location (City and State) in your message.

BAKERY SUPERVISOR

We are a new state of the art bakery located within Lagos State.

We seek to employ the services of a suitably qualified and experienced professional as a Bakery Supervisor.
This is a management position and the primary responsibility will be supervising the commercial baking process from start to finish.

The preferred candidate must be degree/HND qualified in Food Science and Technology or a related Science discipline.

He/She must have a minimum of 5 years cognate experience within the baking industry in general and the bread segment in particular.
Please note that at least two of these years must have been in a Supervisory/Managerial role where day to day decision making was required.

We welcome candidates from all over the country and may be willing to consider a temporary accommodation arrangement for the successful candidate relocating from another city. Professionals who have held similar roles in commercial bakeries of a corporate nature located in Abuja and especially Lagos will however have some advantage.

The remuneration is very attractive and competitive. Supervisory/Managerial level candidates who can provide evidence of earning at least 1.2 Million Naira per annum in a prior engagement will be given prior consideration.

Interested candidates can send in their application packages which must include the following;

1. A detailed cover letter
2. An updated CV (Please very detailed)
3. Scanned copies of their credentials
4. Passport Sized photograph.

Apply via;

onyxxbleu@gmail.com

Please state the position applied for as the subject of the mail. You may wish to note this as very important.