₦airaland Forum

donbrowser:
Stop ranting and read what I wrote. Better still borrow from your parents' IQ

Islandlady:
It's laughable fools can't return my Amen lol! Their hatred for Tinubu has blocked their sense of reasoning to the extent of them seeing their foods used to make the Akpu and Eba they munch like gorillas as abomination

donbrowser:
Did you see where he stated he meant 5 million youths and not 50 million. He corrected himself few days after that. Roll along

thebosstrevor1:
Agbado and Cassava are part of our stable diet here in Nigeria, there is nothing wrong in eating them.

These food don't come cheap and many of you eat them daily, who doesn't like cooked and roasted agbado and pear, so what is now wrong with eating Agbado and Cassava, apparently from Agbado and Cassava, you can get lot of processed food like african salad, garri, fufu,starch,corn flakes, flour etc. These are the foods, we eat daily.

A day without Agbado and Cassava is a day with Hunger.

Miracle2020:
Kill yourself.

Whiteangel1234:
https://mobile.twitter.com/KeksKatie/status/1531544798309629952



https://mobile.twitter.com/nwaeke_poly/status/1531982457318277120

Average9jaman:
1 mannequin can even reach 50k

This is mind blowing 2 me

Wetin dey mannequin

lifenajeje:
Hi

To be realistic 6 million won't be enough especially if the rented space have to be redesigned to soothe ur standard ..

Budgeting 6m means ur target market are those who are ready to spend money on clothing's for you to break even and make profit with time ..

For this kind of business u definately won't be using a single standard shop space but double space shops..


Rent would go btw 800k to 1.5 million but I wouid say keep 2m..

U might find somewhere u love but it's not up to ur budget that is y I have asked u to budget 2m..


If the rent falls lower then better for you ..

Budget 2 million for ur interiors

Bros no shout say i say 2 million ..

The rising cost of materials no be here

The bulk would go to the wood partitioning , Glass display, partition and showcase .. wall papers , paint or 3d design.. electricity.



I.e Glass u can get a quote by 7 am for it and by 12 noon u decide to make transfer to the seller you wouid hear

Oga glass don add money ..

Same thing appiies for wood MBF or HCF depending on the type u wish to use ..

Electricity is gonna take up much .
This one wey one wey one coil from Coleman cables is now 9k don't know the lighting design u might use but u need lots of light to illuminate ur boutique.

The electrical fittings too come to mind .


someone mentioned u can get 40 mannequins at 200k
Don't know if the person is an importer oh

Even locally manufactured ones sell above 10k

The ones a client used for his boutique ranges from 28k

Mannequins are of different types and prices vary..

The Remaining 2ilion should be budgeted for clothes shoes and other stuffs

Annoying thing is when u come back from the market and u try to display the arrange the items u might get discourage that u spent that amount but ur boutique is not full..

Pls don't be discourage .

If u have more money go back to the market but if not this is what u wouid do ..

Let's say u got a double shop seal up one to the public and fill up the single shop ..

The other shop would be like work in progress ..this makes ur shop look Fuller in public eyes instead of displaying scanty items in the double space ..

When u have the funds u can open up the other having restocked properly ..


Now to save money I wouid advice u to ask for quote from three vendors

Go to the market and buy the wood and accessories ,, glass , aluminium and electrical fittings yourself ..

Believe me u wouid save a lot of u procure the items urself ..


Use social media to Target sales around u ....

I hope this helps ..

Teewai69:
Rent (regular size) - 50,000/month = 600,000
agreement - 100,000
agency fee - 100,000
damages - 100,000
Lightings to your standard - 50,000
Paintings, wallpapers, interiors (your taste matters) - 100,000
Standing mirror - 10,000
Air conditioner 1.5 HP - 180,000 installation inclusive
Glass door (depends on shop size) - 150,000 regular
Mannequins (3) 70,000/1 = 210,000
Hangers - (10packs/dozens for a start)
Cloth shelves and rack - engage furniture guys and also check stainless standing hangers.
Chairs and table
Wall fans (3)
TV, decoder, music decks and speakers
Signage of your name at the entrance of your shop (General advert)

Clothings - I don't know where you're sourcing from eko market, US, UK, China, online international market etc.

I hope this little info helps sha, contact me if you need help. It's my line of business

Britishcoins:
There is huge profit in boutique business in Nigeria, all powered by our Yahoo yahoo youths.. The are the greatest customers.

Back to the topic I saw one niggar saying that 40 mannequins for 200k, my brother, the last one I bought was around 55k each...

MY Brother, the challenge in boutique business is not abt capital, the most important is is good location and management.

I started my own in one road side container but very busy road. Today I have another bigger shop with more that 4 million goods all with capital of 250k

OJURONGBE1:
Waste of money if you ask me . Considering how much you'd pay for rent , advert, cost ( salary of staffs & theft inclusive) & business Development.
Take that 6m and shop for 3 Toyota 2004 Corolla & Camry cars on Copart. Import & clear them, add 150-250k on them for sale.
Tell your Vulcanizer /mechanic to find buyers or put it on your social media pages.
Within 1-2weeks, you'll have made almost 600k profit on that investment.
Add money to it & reinvest your profit. You can never go wrong with Toyota cars (especially Corollla & Camry) in this present day naija.

If you want to go through the hire purchase route, import & clear them. Do the paper works (comprehensive insurance inclusive). Put it on Nairaland, Uber Taxify page .
Many people would declare their interest. Do your due diligence ( get an army officer involved) before giving out your car.
Ask for intial downpayment of 300-500k and put it on hire purchase adding 300-500k profit on it. Compound that for 2years.
If the driver breach your contract, you can retrieve your car & sell it for good money. It is Toyota.
With comprehensive insurance, you wouldn't have to worry about accident, as insurance coy would come thru. It may take time but you will be glad you insured your car.

Na soap i cut for you o.

bakesntakes:
I think 6 million is good enough.

You can get a shop for 700k yearly
Repairs, carpentry works, Electrical & electronics setup, furnitures -(1m should cover everything that needs to be fixed and setup)

Mannequins #200,000 for about 40 pieces

The rest would go into getting authentic wears (shoes, bags, hats, shirts, trousers, belts, etc)

You can get Authentic wears at Eko market or online from international stores online.

I have a plug in Eko market that deals in high grade wears, and I know a couple of online stores that you can get Authentic stuffs.


6million is a great budget


If you need more information, let me know.

expertman:
Jesus I am not familiar with Lagos Terrain .

When I wanted to start my electronics shop .

I spent 460k to 500k cos I built the shop myself from scratch since the landlord do not have the funds .

We now use the amount as 5years payment plan with monthly payment of 5k.

I spent about 80k on shop design which include bill board that lastest fancy plastic billboard used by boutique guys now cost about ,100k for the iron one.

Went to Alaba and registered with electronics companies with my CAC .

I used just ,500k as a capital startup then . And within 2years I bought my first car.

The main thing is make sure u ask from who know road on best places to buy the good cheaply that way u did save a lot of money.

Cheers and wish you success

gasparpisciotta:
Are you obtaining this information for yourself or for another?

The best way is to get your boots on the ground. We can discuss if you are willing to engage an expert to do a proper analysis

expertman:
It's very much realistic that's if you already have a shop ooooo.

expertman:
500k

SporaD8:
This is unacceptable! The pictures attached and quoted info ain't necessary!
These are not informations for public consumption. Sahara report message can still be passed without the release of these sensitive info please!

yuping:
We always claim to be educated yet we can't even feed ourself, we have natural resource yet we are not miles ahead of this people.
We are educated we can't even provide a leader yet we are being cheated by the ones we call uneducated or Illetrate, I don't know what is education to you if you not using it to lead.
Its just like saying Nigeria is the giant of Africa yet even common 24hrs of Electricity we don't have.
Education is all about result if we can't even have food, roads then we just going to school for nothing.
I'm ashamed that we keep supporting the bad leaders just because of they are our people the fact remain we are behind and lost in fantasy, untill we wake up and realize that we just tools that is being use for the greatness of the north.
Disgraced me lol the bad names Yahoo boys already gave to us is not enoug, did you see the way they check Yoruba people going to Mecca in Lagos Airport compare to the ones going through Kano Airport.
Make I no talk wetin my eyes don see as a Yoruba guy but you won't no this because you still think I'm tarnishing the south.

FarahAideed:
Niger republic citizens have been the problem of this country

Commentor:
Who invented the term to describe Ebonyians?

Have some shame please.

mrvitalis:
It's the turn of south east to produce the president not igbo nation
The presidency is rotated by zoning to Geo political zones not tribe

theInterpreter:
sergio101
the story about major Banjo is one everyone should know
*He supported the Igbo coup
*He fought for Biafra in the war
*He helped Ojukwu so much in strategies

But when he was supposed to be commended,he was reminded that he was Yoruba and lost that chance.
They killed him in cold blood after doing a fake judgement with trumped up charges.

President99:
I am also Igbo from the Northern Nigeria. Nothing like mainstream Igbo or South East Igbo. The next President should be of Igbo origin regardless of where he or she comes from, be it North or south, the person should just be igbo