The Business Man

Introduction If you are in Nigeria, this is a business that can easily make you NGN350,000 (USD2,334) per month although it requires a considerable amount of capital. What you need The Dump Truck  A good Dump truck (faily used) starts from NGN7Million  (USD47,000) but its usually cheaper if you buy from outside Nigeria. My friend Mr Mike Edo who is into the business has a business partner in Spain who buys these trucks and sends them down to Nigeria. He is available if you are interested in getting a good truck. If you decide to buy it in parts that is, buy the Head first and then the bucket later, the head alone costs about NGN4Million (USD27,000). You can also import them at cheaper rates. The Tipper Bucket  (the back portion) costs about NGN2.5Million (USD17,000) to construct and install but NGN36,000 (USD240) to rent for a day in the eastern part of Nigeria. Business Structure  According to my friend, the business is simpl e, get your truc...

Introduction I was visiting a friend who makes cakes the other day and I saw a very beautiful Cake she made with the Arsenal Football Logo as a big design on the cake. I was really impressed with how it looked and I asked her how she got the design so well. She showed her design stencil and guess what, she bought it for NGN1,500 ($10)!. Can you imagine that? I mean I cut that design myself! Description  Finished Design Stencil   Manchester United Logo on Cake  The business part of this is simple. I made some enquiries and I found out that you could find more Popular logos and designs, cut them really well on stencil material and sell them to people who make cakes,make banners, screen printers etc Profiting Estimate Seriously, you the profits here can be insane!, you use a stencil or two (less than $1), about 1hr of your time for very delicate designs, and you go home with about $10!. Multiply that by 10 in a month and you don’t even work every day. What you ne...

Introduction Website design is simply the process of creating websites for people and getting the websites live, online. As a business, it costs very little to learn and start. You can learn on your own free of charge. Free tutorials are available here In the business, you could get paid from NGN10k to NGN100M depending on the extent the website required and your clientele. There are generally two approaches to the business. You could (A) Design websites for cash and or (B) Design websites to address needs or solve problems Lets look closely at both approaches (A) Designing websites for Cash This is the most popular form of this business. You find your clients, design sites for them and then you get paid. What you need - Get a Computer A laptop preferably. This is because you will have to make presentations. A fairly used one here in Lagos Nigeria goes for about NGN60k. - A Business Profile Prepare a company profile. This just a document introducing you to anybody. It should say who...

I just came across a website today where you can get all the information required to start printing GSM Recharge Cards here in Nigeria for the first time, free of charge! Business Prospects Recharge Cards will continue to be bought and sold in Nigeria as long as the mobile phone technology is here. It will always be profitable depending on your market share. Visit the website today for all information to go into that business. www.bizruns.biz The Business Man, her agents and websites are not sponsors, partners or agents of that website. We just love it. Don't forget to be grounded in your business basics before you go into any business. Get all your basic training here

This is another business you can start with very little capital. The business is as simple as getting the materials & distributing / Posting them then collecting your cash. What you need Get a business name. It will help with branding / distinguishing you from others How to get Customers Get your customers by 1) Post Posters of your business. Your advert should say it in a very simple way. For example “We Post Posters / Distribute Flyers. Call 080…… email …..website…. “. Design something that will be quite cheap to produce. No fancy colours- black and white will do just fine. The most important thing in your advert is the size. Make sure the “Poster” part is in very large characters. The idea here is that if your own posters are visible enough for your clients to find you, then you have posted in the right places. 2) Newspapers Do the small/smallest size of advert. It shouldn’t cost you more than 7k. One good thing about adverts is that YOU WILL SURELY GET RESPONSES. You need to b...

Introduction Over the weekend, I was searching for an open space with a friend where we could do some driving practise. After driving around for some hours, I realized something. Lagos does not have open spaces! We went as far as Ikoyi from the mainland, and then we headed towards Mile 2 through Oshodi. It was so striking that the only place we saw was along Oshodi - Apapa expressway, close to Mile 2. It was a space of about 8 plots joined together. We got there only to find out(from some rough looking boys) that we had to pay about NGN500 to practice there. Can you imagine that? They even offered to teach us if we didn’t have a car and then they gave us a little driving manual. This is a good idea if you have such a plot of land lying somewhere. What you need of course you need a manager (who knows how to drive)and an assistant who should also know how to drive. If you have an old car (Manual transmission preferably), it would be great but if not don't worry. People will still ...

As a business person, it is very important to attend trainings and conferences on business and business related issues to help you keep abreast with current trends, technologies and most importantly identify new business opportunities.It also prepares you to start a business and get better at it. Fate foundation is organizing a Training on "Developing and Applying Negotiation Skills in Your Everyday Business: How to Win People and Businesses” . Fee: N3000, Date: 19th May 2010, Venue: Fate Foundation, 1st Floor, Water House, Ijora Lagos., Time:1pm – 5pm For more information on registration and other upcoming trainings, visit their website here: http://www.fatefoundation.com/onlineSchedule.htm.