I run a business in a small city. Right now, I'm planning to relocate to Abuja (accommodation guaranteed) and possibly relocate my business to Abuja.

My concern is, with the attendant cost of living and running a business in Abuja, will I still be assured of high revenue and profit for my business?

iamadonis2:
I run a business in a small city. Right now, I'm planning to relocate to Abuja (accommodation guaranteed) and possibly relocate my business to Abuja.

My concern is, with the attendant cost of living and running a business in Abuja, will I still be assured of high revenue and profit for my business?

cc: lalasticlala, Mynd44

Where are you coming from and what business are you into?

Like the guy above stated, its mostly about what you're into. Bear in mind that Abuja population is about 3M and a huge chunk of that number are over 40.

Definitely, but just make sure you are experienced, I mean very experienced, know your onions

Guy Abuja folks are very enlightened and versatile.

iamadonis2:
I run a business in a small city. Right now, I'm planning to relocate to Abuja (accommodation guaranteed) and possibly relocate my business to Abuja.

My concern is, with the attendant cost of living and running a business in Abuja, will I still be assured of high revenue and profit for my business?

cc: lalasticlala, Mynd44

If you're doing well where you are, abeg remain there. Don't go and waste your investment in Abuja.
Most places in Abuja are possibly not as lucrative as where you are at present.

What business are you planning to set up in Abj and what location are you considering?
I might be able to advise you if it's an area I'm familiar with.

youthsinitiativ:
Package yourself and your product well you go do well.

Abuja folks an mostly fake arses wey wan claim wet in dem no be.

Just package your business or product well you go appeal to a section wey wan belong to the nouveau rich at all cost.

Do not sell yourself or product cheap if you want appeal to this class.

Packaging is the word.

guy u sabi Abuja wella, u know what's up.

Packaging cannot be overemphasized, u got to look it, dress it, talk the talk. That why you find peeps spending on certain luxury.

U cannot desire to want to achieve in Abj and not be mobile, it won't work.

Comedian2019:

If you're doing well where you are, abeg remain there. Don't go and waste your investment in Abuja.
Most places in Abuja are possibly not as lucrative as where you are at present.

I can safely say I'm a force to reckon with in my current business location.

Alexious:



Where are you coming from and what business are you into?

Calabar. And I'm into female luxury items.

Chris525:

Like the guy above stated, its mostly about what you're into. Bear in mind that Abuja population is about 3M and a huge chunk of that number are over 40.

What's the female demographic under 30 years?

youthsinitiativ:
Package yourself and your product well you go do well.

Abuja folks an mostly fake arses wey wan claim wet in dem no be.

Just package your business or product well you go appeal to a section wey wan belong to the nouveau rich at all cost.

Do not sell yourself or product cheap if you want appeal to this class.

Packaging is the word.

Thank you Boss. The italicized sentence strikes a chord.

For females within that age range its fairly high & with high market activity as well but location is crucial.

iamadonis2:


What's the female demographic under 30 years?

Abuja is over rated.
If you want to do well in abj you need the following:
1. Luck
2. Capital
3. Package
4. Area in abuja(wuse and bwari are not the same, but all is Abj.

Number 1 will sound funny but my brother you need it...in your choice of location, type of business, Because whatever you want to sell, know that somebody is already selling it.

Woteva u do,don't engage in mini supermarket biz oo

Well, if you are in the business of civil service, runz, 'zaddy' business and stuffz, yes it is good for such businesses.

But if you be hustler, he go tough.

Hmm... I don't know about lucrative,but I honestly can't stay in the same city with buhari.

.

Ok

Hmm.
Even tho I don't know what the op is onto, the answer to is question is Yes!

Abuja will always be lucrative for business, but it depends on what you're into.
Whatever it may be, don't expect it to be rosy immediately like where you were. You'll definitely need to acclimatize to the high cost of living.

But with proper planning and strategy, coupled with good networking and smart work, you should be okay.

Olosho business loading

I wonder if ABJ has even a lucrative business environment. Let me learn from the comments.
.
Hey guys! Get a load of my amazing collection of digital photos https://www.nairaland.com/5660603/professional-photographer-heres-mini-portfolio

E no get anywhere when no dey lucrative for business.. if you get plan , God , wisdom, and your village people free you. You go must succeed anywhere .

op... is that a picture of Abuja?

Has it ever bean lucrative before?

Yes

waiting to hear from our nairaland experts.