How To Start Party Equipment Rental Service In Nigeria

In Nigeria, partying is a common practice especially on weekends. It is usually one party or the other. Saturdays and Sundays are known for weddings, birthdays, survival, dedication and thanksgiving parties. Truthfully, we Nigerians love to have fun. That is why, party equipment rental business is like a goldmine in Nigeria. 

Anybody throwing a party, wants the party to be a success. So, they spend money on all the materials needed for the success of the party. This is where party equipment rental service comes in. Because, all of the chairs, tables, tents, cooking equipment and the likes will be required for the success of the event. Since the person holding the party does not have all of these materials, it will be necessary for such a person to rent the equipment.

Party Equipment rental service involves, renting or leasing equipment like chairs, tables, commercial cooking equipment, tents and so on, to people, for the smooth running of an event or occasion. 

This kind of business requires huge start-up capital. But, the good thing is that, once you are able to get all of the equipments needed, you will continually make money with them. The same sets of equipment will generate income for the business. 

Let's do a little analysis of chair rentage and how it generates income. The market price of one armless plastic chair is N1000 while rentage is about N500 per dozen.  If you buy 120 plastic chairs, which is 10 dozens, it will cost about N120,000 or less. If, for instance, you give the whole ten dozens of chair out on rent for N500 per dozen every weekend. That means the chairs will be generating N5000 as revenue every week. The more often you get patronage, the faster it is for you to cover your costs of getting the chairs and start making profit. That is why, you need to have a large customer base and do business more often. The same thing goes for canopies and commercial cooking items. You have to buy the pots and pans, get the wood-burning stove or gas stove. Getting these items can cost up to N100,000. But, the rentage of any of these items cost about N300 for one day.

Recently, a get together program was held in my church. We had to rent cooking pots, spoons and the local wood-burning stove as well. Everything cost around eight hundred Naira (N800). We rented the items late in the evening and returned it the next day, after the program. Supposing, another group of people or individual rented the items after we returned it the next day, it would mean that, the person running the rental service has made, one thousand and six hundred Naira (N1600) in two days, with the same items. That is how party rental business works. As long as you have the equipment, you will always make money from party equipment rental business. Aside from the cost of maintaining the equipment, transporting them in some cases and paying the person(s) that will help you load and offload the equipment into the vehicle, you won't be incurring any more expenses. Rather, you will be making profit.

One of the benefits of doing this business is that, you can do it from your home. All you need to do is to create space for storing the equipment in your house. It also gives you opportunity to do other businesses while you run a party rental service.

The following paragraphs will enlighten you about the things you need to do when starting a party equipment rental service in Nigeria.

It is necessary that you make basic plans before starting any business. After which you will need to raise capital and get the location (which can be your house in this case) needed to start up the business. For party equipment rental business, you may need to register your business name with the Corporate Affairs Commission of Nigeria (CAC) and also with the association of party equipment rental service in the area of your location. 



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Get The Equipment You Need

When you have taken the above steps, you can then go on to get the equipment you will need for your business. Ensure that all of the equipment you buy, are original and up to standard. Go for the types of equipment and brands that are in use. You can take a tour of a few parties in your area and get all of these information. Also, make sure that the chairs you buy are strong. Ones that will not easily get broken or damaged during transportation or usage and that will last for a long time.  

Make Provision For Transportation

Another thing you need to make arrangements for, is means of transportation. Most party equipment rental service have pick-up vans, with their business names written on it. It is for transporting party equipment to the location of the party. Especially, if the event is being held at a far distance from where the rental service is located and when the equipment being rented are too much to be carried by one person. So, you must have a ready and steady means of transporting the equipment.

Look For Customers

After you have purchased the equipment and gotten the means of transportation that you need to start the business, the next thing to do is to get clients. It is also an added advantage for you if the business is located where you reside. This is because, you can talk to the people that you know are planning a party and they will rent the equipment needed from you. The person throwing the party in your area, will not want to go and get equipment from a far distance and get to pay extra cost for transportation. You can partner with an event management company or event planner and caterers. If you have good rapport with an event management company or planner as well as caterers, they will always rent the equipment needed for the planning of their occasions from you. They will recommend you to other prospects as well.

Start By Giving Discounts And Special Offers

You will need all the advert you can get, for the purpose of getting clients. That is why, you may need to start out by giving discounts and special offers to customers. This will create an avenue for word of mouth marketing. Because, anybody that gets a discount or special offer from you, will tell another person who is holding an event about your service and they will patronize you. For example, you can decide to give a customer who rented some dozens of chairs from you, one more dozen, as a bonus. It will make the customer happy to the extent of telling others about your services. Note that, your charges must tally with that of other rental services.

Get People To Work With You

You may need to hire one or two people for maintenance, taking record of orders and delivery as well as inventory of the equipment. It will relieve you of stress and also give you the opportunity to do other things along with running the business of party equipment rental. 

Party equipment rental service is a very lucrative business in Nigeria. Once you are able to bear the cost of getting the equipment, transportation and maintenance and you are getting clients constantly, you will always smile to the bank.

Starting a Computer Business Center in Nigeria - Learn How to!

In the Nigerian context, a business center is any shop where you can carry out your official secretarial works. True, some people have invested in this business with a level of failure, most investors have recorded remarkable success doing business center business. The room for  investing in this business is not saturated. With a few thousands, you can start counting hundreds of thousands in a matter of few weeks. If you are interested in making money, please read along.

Get a Space Near Office Complex

The space does not have to be a shop. A small iron container of 8 X 8 feet size will be okay. It is important that you situate this shop near one of these places: A school environment, any public office such as local government, banks, electricity company, etc. This will guarantee a lot of turnover for you. Do not bother yourself with whether people are already doing the same business in the area, you will definitely make your money as long as it is a place in the city.



The furniture you need include two tables, two chairs and a couple of stools. A ceiling fan or any other one fan suffice. You will also need to.

Buy Your main Equipment

One of the main equipment you need is a Photocopier. Although there are those willing to sell you fairly used machine claiming it will serve the same purpose as that of a new one, it is strongly advised you buy a new one. This will not just last longer, it will save you the stress of having to call in a technician each time the machine breaks down. Take it from me, fairly used photocopy machine can be stressful.

The new one will also make the photocopied works come out sharp and fast. To your advantage, there is also manufacturer guarantee on the new machine. As a neophyte, you really do not want to bother yourself fixing an old machine. It is economical to buy a new one.

You will also need to get A4 paper. This can either be bought as a rim or as a carton of five rims. Depending on your purse, either of the choices is okay. 

You need to get staplers and pins too. There is giant paper stapler and also regular sized stapling machine too. It is advisable that you get both as you will be having customers doing high and low volumes of work. 
The other consumables you will need are spiral binding materials. These days, you do not need to use spiral binding machine depending on the volume of work you want to bind at once. 

Non Photocopying Materials

Your business center is incomplete if you do not own a computer system. So start with one system at first. It is advisable that you get a laptop computer instead of a desktop computer. If your purse does not permit that however, you can go for a desktop computer. 

The advantage that a laptop has over a desktop is that it saves you more power. This is a good deal considering that power supply is erratic in Nigeria. The battery of your laptop can serve you for few hours that you would have spent consuming fuel if you had chosen a desktop. The amount you will be spending on the laptop does not need to weigh you down.

You will also need to get an internet modem for customer who will want to print out from their inbox. Be aware though that you are not an Internet cafe. The essence of the internet connection is so that those who want to download or upload documents can do so conveniently without going to the internet cafe. 

Instant Passport Sized Photo

The need for instant photographs for official and other purposes cannot be overemphasized. Everyday, thousands of images are snapped at various business centers across the nation. The popular digital photo printer you need to get started is Hiti. As you will note in the budget section, it is not too expensive for you not to include it in your business center investment. In addition, you also need to get a digital camera with 8 pixel and above.

Get Shop Attendants

Because you have to attend to a lot of customers with different mission who come in simultaneously, it is impossible for you to do the business without hiring an assistant. Whether you are employing a male or a female, your assistant must have a knowledge of computer operations. It is not difficult to come across such one. 
With time, you may need to get two attendants as your business grows. Ensure you monitor them closely as they tend to be dishonest with sales record.

Business Potential

As long as human race exists, there will always be need for transacting business at the various business centers available. While it is true that many people now have computers in their homes and offices that do some of these works for them, they often find themselves running to these business centers when they run out of inks, toners, or even papers. 

Sometimes, they find it difficult to replace these things because they did not use the ones consumed for commercial purpose. Even if they have these materials, they still run to the business centers when they have to print in bulk. What is more, they cannot go about town with their photocopying machines and papers and staplers. When they have emergencies on the road, they will surely need you to do their business for them.
The edge you have over private owners is that you are always there. Come rain or shine, power supply or not, paper or not. That is your main business. 

Profit Prospect

While compiling this article, i did a survey by asking business center owners around Ikeja, Lagos State questions. On the average, they make N6,000 daily. I wondered if that is the truth. But few minutes spent in their shops reveal that may make much more on a daily basis. An individual can walk in and make photocopies worth N2,000 at once. And there will be several others making such in a day. 

A page of typed work ranges between N100 and N200 you can do two pages for some, you can also do 200 or more for 20 others in a day if it is a final year project. 
Even if you do not make up to N6,000 in a day, and you make half of it as a beginner, you will grow to the point of making much more than that in a matter of few months.

Budget

New Photocopying Machine -N60,000
New Laptop Computer -N80,000
Spiral Binding Machine -N10,000
Laminating Machine -N12,000
Staplers/Paper Cuter -N5,000
Modem and subscription -N5,000
Paper and other consumables (spiral binding materials, laminating films, photo papers) N10,000
Hiti Photo Printer -N40,000
Gasoline Generator -N50,000
Furniture N20,000

Total N292,000

It is a wise Investment

I have decided not to add the cost of renting shop because the price varies from one place to the other. Even if you arrive at N400,000 after adding that, it is still a wise investment. Remember you can conveniently make N6,000 in a day just typing and photocopying if you are situated in a busy area. This means that you can get back the total capital you have invested in less than 3 months. If you go for a bank loan, you will conveniently pay back in six months while you attend to other basic needs in your life. 
Wishing you all the best as you consider investing in business center. 
If this article has benefited you in any way, please do not hesitate to drop your comments below. 

How To Import Cheap And Quality Goods From China

  • IMPORT GOODS DIRECTLY FROM MANUFACTURERS
  • GET GOODS WITHIN TWO WEEKS
  • PAY ONLY 30% UPFRONT AND BALANCE 70% AFTER DELIVERY
  • RISK ZERO SHIPPING COST
  • PRODUCTS SELLS LIKE HOT CAKE IN NIGERIA
  • MAKE HUGE PROFIT


One of the most lucrative and latest pragmatic steps in the marketing world today is doing business with Direct Sales Agents (DSA). It is the latest trend in marketing goods and services.  Unlike in the years past, it is the buyers that would always take their time, go hunting for where goods/services or manufacturers are located before they can purchase such products and push them to the final users at home. What an ancient way of doing business!

China-ImportIMPORTING DIRECTLY FROM MANUFACTURERS


It is not a fiction that China has the largest manufacturing companies in the world, with over 2 Billion population, which occupies the highest number of labour employer in the world; caring for both the developed and other developing Continents like( Africa, Asia, American, even Europe). With the latest trend in Marketing, Public relations and customer relations, things have changed for good. 

Today, most coys are now devising different means of gaining customers due to increase in competition across the globe. In a situation whereby we have 10 companies producing the same goods or 20 firms offering the same services in the same state or province, will make them prepare very well for series of marketing strategies they can engage in winning their customers’ heart, hence, the reason for the creation of the department of customer relationship officers or public relations officer or marketing executives that can help in moving the organization forward by approaching, attracting, valuing and winning the target customers to the companies side directly, so as to maximize profit and be at competitors edge.

PAY ONLY 30% UPFRONT AND BALANCE 70% AFTER GOODS ARE DELIVERED




Importing goods directly from Chinese manufacturers into African countries might be a bit complicated. Apart from the fact that China is far from Africa, it is also very risky to do a business transaction with someone you do not see or know. At times, most dealers go as far as China to buy and bring to their home country by themselves or order through friends/colleagues who happen to live there. 

This days, manufacturers in China will advertise their products in social media and other platforms that belongs to their target audience, where they can see the catalog of such products and probably patronize them by ordering such products directly online from the manufacturers website. These sets of manufacturers would leave their direct company contact on such platform so that prospective customers can believe in them and know they are dealing with the right people. 

They give room for such new customers to call, chat and confab with one of the company’s representative, so as to know the modules oprandi of the organization and how the goods can be shipped to the customer’s country after making up to 30% payment upfront.

“LIFE IS A RISK, YOU EITHER COMPETE OR DIE”



Risking your 30% of lets say out of N300,000 of total payment and you are only asked to make a down payment of N90,000 in other to get your selected catalogs shipped to you in the next 2 weeks might be very challenging. This is exactly where the trust lies. Most people do not believe in tying down their money to an unknown person for 2 weeks, it is not easy really, it is 50/50 chances in achieving that goal. But come to think of it, there is this adage that says, ‘no pain, no gain’. 

You need to understand that life is a risk, so you either compete or you are left behind. So, why don’t you just take some risk and achieve in faith and trust. Remember, this manufacturers have been proved real and genuine by those who patronizes them and there is no gimmicks about it, they are confirmed and authentic producers who are readily available to do business with you.

RISK LITTLE OR ZERO SHIPPING COST



Another good news about this manufacturers in China is that most of the companies over there do not charge shipping fee and no hidden charges as well. This is another means of attracting customers and gaining their trust for business. Though, this depends on the load of goods that is being ordered by such customer. 

If the catalog is small in number, they may not charge at all, but if the products ordered are large number, some charges might be incurred by the customer which will definitely be on discount rate to ship the customer’s goods to him/her on demand. But you might incur duty fees on newly imported goods from the ports authority of your country

Meanwhile, when this products find its way into the Nigeria Market, for instance, the demand is normally high if one knows how to do a thorough marketing of such products. Though, the manufacturers usually advices that the buyer should go and do a proper visibility study in their home country with clean marketing research that can aggravate higher demand for such product. But it is not really necessary in a Larger population countries with high demand for electronic and other goods like Nigeria (with over 150 million people)

MAKE HUGE PROFIT



The next thing after delivery the product to you and completing your 70% payment is, to start distributing them to offices, Churches, Mosques, Government Parastatals, etc and start raking in your money in thousands if not in millions depending on your investment and dedication and total effort/time spent in marketing the products. In this section, you must create a network marketing group and/or habit that will help the product market itself in your home country or location to your target audience. 

Depending on the platform you want to use(online, one on one, seminar, social gathering etc), once you know and understand your market and target audience, you will sell all your products within few weeks and make your desired 100% profit. I mean it, 100% return on your investment. The reason is that, most Chinese Product are generally cheap and multifunctional in nature, so don't worry, the 100% return on your investment is guaranteed.


               

In a concluding note, I wish I could recommend series of manufacturers that offers this  form of services in China to you, but what are friends for with www.google.com, www.ask.com, www.mamma.com, www.how.com and other SEOs that can give you series of companies that offer such services online; with detailed information about them and the seal of recommendation by the Chinese government, so as to avoid fake ones. 


It is all in your hand if you want to dare success. Aliko Dangote, the richest man in Africa according to Forbes started from somewhere, so is Waren Bufeit and also imagine the wealth of Slim Elu. This people are once ordinary members of the society just like you before, but today they have become great men of mentor and recognition around the globe. the truth is, that is exactly the way most men who can risk their money get to succeed without burning all their fingers. You can, only if you agree you can!

Reasons You Should Invest In Rice Distribution In Nigeria

The prospect of the rice business in Nigeria is very green for any investor who is currently searching for a business to invest in. Are you a business minded individual who is interested in distribution or supply business? Then consider taking Rice distribution or supply as the special business that will enable you smile to your bank.


You will agree with me that there is hardly a household within Nigeria that doesn't eat rice. This means that there will be good returns on investment in this business. The importance of rice to an average Nigerian can never be overemphasized. This article will dwell on rice distribution or supply, and why you should consider it as a good investment opportunity.

Although the Minister of Agriculture and Rural Development Dr Akinwumi Adesina recently claimed that "Nigeria would become Africa's largest exporter of rice in five years", it is still a consuming economy with populace that eat tons of rice on a daily basis.

The Profit Potential

Depending on your financial strength, you can start this business with 5 million naira or less. Rice distribution business offers you a very good return on investment. For example, 50kg  bag of regular seed of rice in retail price is sold for 8,200 naira, while the smaller seed is about 8,100. 

Now, consider the following profit potential of the business.

As a distributor or wholesaler, you can get a bag for N8,000, N8,100 or probably less from the importers. If you supply 50 bags of rice in a day at the rate of 8,200 naira, you will be making profit of 200 x 50= N10,000. 

Bags-of-Rice


Here are some  types of rice available in the country.

Ofada Rice

Ofada rice is a generic name used to describe locally produced rice considered by millions of Nigerians as one of the best. It is produced in the southwest and southeast Nigeria. Compared to others, the price is a bit on the high side, but the demand is high because nutritionists believe that it gives more nutrients.

Stallion/Aroso

Stallion/Aroso rice is one of the largest and widely distributed rice worldwide, with high qualities and special brands across the globe. 

The following are some of the Stallion brands: Caprice, Tomatoes King, African Princess, Caprice Gold etc. These are very common in the Nigeria markets. 

Basmati Rice

This is another kind of rice that is very good and of high quality because of the production process.

The good news about this type is that it has a unique sensational taste, gluten free and contains eight essential nutrients such as amino acid, sodium, folic acid, etc. It has a very unique aroma that makes it stand out. It is mostly consumed in francophone African countries.

Brown Rice

The brown rice is a whole grain with a mild, nutty flavor and chewier i.e it requires a lot of chewing before it can be swallowed.

Brown rice is more nutritious than the white rice and it is mainly found in supermarkets or mega supermarkets. 

Where to buy from

Presently, there are different kinds of rice in the Nigerian market. Whichever you want to supply, you can get them from the market.
As far as Lagos is concerned, you can find this rice in the following markets: Daleko Market, Mile 12, Alaba Rago and some other places.

Irrespective of the Nigerian city you are, there are thousands of retailers scattered across the city who are willing to buy. So, if you invest in this business, you will definitely smile to the bank. 

Word of caution: Try as much as possible not to sell on credit.  

The Level Of Consumption 

The Nigeria population has triggered many investors. In addition to other natural endowments, Nigeria has great business opportunities which now includes rice as a great market. The Nigeria population is being estimated as over 170 million people, according to the United Nations (U.N).

The High Level of Demand

The country's increasing population, and the rate of food consumption (especially rice) are essential for any business minded individual to make real money. It is important that you take a close look at the Nigerian market. Even in your locality, you will agree with me that the high level of retailers in such places are much, and when you consider the distance where such goods are transported from to get to their destination,such people will be inclined to buy from you, if you open up a wholesales store in that locality. 

You can inform retailers of your business for you to supply the required quantity to them; while you carefully consider the amount of credit that could be granted within a short time period. 
Consider this piece of information and invest wisely. We therefore, wish you success, as you build your dreams!

How To Start a Lucrative Bar In Nigeria

Bar is on the list of top five lucrative businesses that you can start with low capital, and grow big. But there is a question of; how? There are many patterns of running a bar, some common, some expensive.


First of all, let's analyze how much you may be making in a carton of beer, to see if it is encouraging enough. 

There are 12 or 24 bottles per a carton.
You may buy a carton for N2,300 or N4,600.
And sell them for N200 or N250.
Calculating from the latter, 250x 12=3,000.
That means you have made from a carton N700.
Now if you sell 4 cartons a night, you have made N2,800.

This analysis is for the common type of bar business. For the expensive type, the analysis goes like this-

A carton- N2,300.
Price per a bottle-N400.
400x12 =N4,800.
If you sell 4 cartons a night, you will have N19,200.

This analysis is strictly on what you will make from the drinks, there are a whole lot of other things that would bring more money. You will see them down the line of my discussion on the process of starting both the common, and the expensive bars.

The common bar

Three out of five streets bear witness of the proliferation of bars. Its competitive status is also undeniable. Therefore, it requires some strategies to win customers and keep them. Which starts from knowing exactly what your customers want, and how they want it.

Location

The first thing to consider before every other thing is the location. The amount of people who live, or come around your location will determine the inflow of people. And the inflow of people will determine patronage. So, get a place with this prospects in view.

Get a good name

It is important that every business has a name that distinguishes it from others. And bar isn't an exception. Therefore, make a simple name that people will have no trouble calling. If anyone has to meet anyone in your bar; it's an easy call.

Generator

Bar activities always happen in the night, which means, you need a backup generator in case the usual thing happens, (power failure) and to  keep other necessities that require electricity in their place.

Refrigerator

Another crucial part of it. They always ask: is it cold? A good refrigerator will answer that question. Some alcohol beverage are better served chilled, and that is one the purposes that a generator would serve. There should not be an excuse of power failure.

Music

It triggers ones mood of relaxation and extrovertism. Sometimes, there could be a need to shake it off, (dance) and music will serve the purpose. However, the type of music to be served may depend on your location and the type of people who patronize you.

Barbecue

Drinks are better served with meats, fish, or pepper soup. You may not have to serve them all, but choose any that will satisfy your customers. Point and kill, and pepper soup are better options, because they contain pepper, and are always hot. Moreover, smoke fish, and barbecue are popular choice. If you cannot do it all by yourself, make a franchise, get people who specialize on any of those, and give him, or her a stand.

Football matches

Get connected to a digital TV network. Nigeria is a football nation, most of the people who drink, may want to do so while seeing a football match. If your bar does not have such a facility, your customers will look for another place they could have it.

The price of a drink 

Another thing that could draw people close, or chase them away is how much they are paying for a bottle. If they find a little difference in price "nearby" that favors them. They may be tempted go there. So, the best thing is to make the price as affordable as possible.

The expensive bar

The differences in the process of setting up a "common bar", and "expensive bar" isn't much, but matter. In expensive bar, the location has to be in a serene environment.

It may use the setting of a hotel bar, even though it's just a bar. This is because, people's lifestyle differs, some like it where it is cool. So get a quite location, and set it up in way that fits the interest of the cool guys. Every of the aforementioned steps should be taken in setting up expensive bars, yet some other additions.

Air condition

Unlike the common bar, you need to make the atmosphere conducive through air conditioners. 

Games

 Adding more fun to drinks. Set up games like snooker, squash etc. NOTE: the money paid for drinks does not cover for games, if any customer wishes to play, he pays. But you will have to decide on price per game.

Smoking,no smoking

The common bar doesn't have rules for smoking, in fact everything goes. But here, you need to establish a (to be or not be) rule. Some people may actually come to your bar because it's a non smoking bar. Others may not come because they would not be allowed to smoke. Your decision is a standard you have chosen to be known by. 

Add wine to your menu

Since choices differ, it would be appropriate if you put wine in your bar. A lot of people would appreciate having something different from beer or gin.

How To Make Palm Oil (For Home Use) in Nigeria

If you ask me, I'll say palm oil is the oldest and most consumed cooking oil in Nigeria. This is because, even before modern day civilization and large scale production of palm oil, the making and selling of palm oil for commercial purposes and for consumption, has been in existence. People from the eastern part of Nigeria and also the south east, have a pedigree of making and selling palm oil to business people. Who buy from these people in rural areas and sell to people in urban areas.

The palm oil is the oil extracted from the fruits of a palm tree. It is one of the basic components of our traditional dishes, here in Nigeria. In the east, we have the Egusi soup, Oha, ofe nsala while the calabars, have the Edika Ikong soup, Afang and the likes. In the west, we have the gbegiri soup, Efo riro, Asaro amongst others. The northern part also boasts of tuwo masara or tuwo dawa with mia kuka soup. All of these traditional dishes, will not have their unique tastes without the palm oil. That is why there is always a constant demand for it and the business is very lucrative.

Now, palm oil production has gone beyond, people in the rural areas. Because, big companies are now engaged in the large scale production and sales of palm oil. Especially with the introduction of machinery like the nut crusher, oil press and electrical seed fryer, to replace humans in the making of palm oil.

Even so, some people still prefer the good old days of palm oil making. They feel that, the hand made palm oil is more nutritious than the processed one and even cheaper. When you travel across some states, you will see people carrying locally made palm oil in containers, offering it for sale to travelers. Some people will even give money to a person, that is travelling, to help them buy palm oil from their villages. This locally made palm oil is usually cheaper than the processed one. 

Having known this, you can tap into this demand for local or hand made oil. You just need to learn how to make the palm oil and how to market it. The business is one with a great opportunity for profit making. You can not make palm oil and run into loss. Because, there is a high demand for it.

You can decide to start making and selling palm oil in you locality and still make profit in your own little way. You can start by selling to your neighbors and when you have gotten recognition, you can expand your horizons by taking the market outside of your locality.

On the average, a bottle of palm oil sells for N250. If five (5) litres cost about N1200, then twenty-five (25) litres will cost around N6000. All you need to do, is go to a rural area where you can buy the palm fruits at a cheaper rate from farmers. The cost of the palm fruits, processing it into palm oil and your transportation is what will determine your selling price. For instance if your total cost for making twenty-five (25) litres of palm oil is N4000 you can sell for as much as N5500 or N6000, you would have made about 25% profit from the business. Even, from the comfort of your home. 

Palm oil making may sound complicated, but it is a simple process that you can engage in from the comfort of your home. When you have gotten the quantity of palm fruits you need, follow the following steps, in making your palm oil:

PalM-Oil
  1. The first thing to do, is to properly wash the palm fruits. It is important that you wash the palm fruits to remove dirt particles that may be clinging to it from harvesting and picking it from the bunch.

2. After washing, the next stage is, boiling the palm fruits. This may take up to 1 hour, depending on the quantity of palm fruits that you cook. The goal is to boil the fruit until they are softened enough for the oil to be extracted. To do this, add a little amount of water into the pot, after putting the palm fruits. Make sure the water is not more than the palm fruits. When you see that the nuts are beginning to crack open, know that the palm fruits are getting soft.

3. The next step is, mashing the boiled palm nuts. You can use mortar and pestle or you can use your hands to mash it in a bowl. This should be done immediately after boiling. Do not break the nuts, but mash until you get the oily juice.

4. Separate the juice from the chaff and the nuts. Sieve until there is no element of chaff left in the juice.

5. When you have finished sieving the juice, cook it until you see the palm oil floating on the surface of the water.

6. Extract the palm oil from the water surface and boil it again, until it is purified. After which, you can pour the palm oil into a container for storage and sales.

As you now know, the process of making palm oil is not too difficult. If you can make palm oil for your own consumption, you can also make money out of it.

How To Start Buying And Selling Cosmetic Products In Nigeria

Cosmetics is a preparation usually applied to the face and all over the body. Cosmetic business is another business that is highly lucrative now in Nigeria.Running a cosmetic business is a good one, as almost everyone on the planet make use of  different kind of cosmetic care product.This business has a lot of competition  because of the high demand it involves.

This business does not require  a huge capital to start with, it allows you to grow gradually if you can't start big. You know what, you can increase your business capacity gradually and be making your cool profit, believe me I am writing from experience. Starting small means you can start this business with as low as N50, 000 and frequent turnover of this amount in a month can give you twice your investment. This means you will only sell to final users, it is a good deal, right. Likewise if you invest like N500,000 or more, frequent turnover can give you also 70% profit monthly. With this amount, you will be selling to final users directly but if you invest over N2,000,000 you can be an wholesaler. Depending on how much exactly you want to invest, you can also get profit worth 70% in return if you frequently turn the money over and over for a month.

This business is really an interesting one, once you get that strategic location for your business, you just go ahead and start your business, and you will see yourself achieving success.

Cosmetics basically entails personal care products which includes toothpaste, bathing soap, and some deodorants while we have the beauty products as well, this includes face powder, lipstick, lip-gloss,  and other stuffs. If I make a guess, am sure I will  be right. Am very sure you had your bath with soap this morning, you probably applied some deodorants and if you are a woman you must have applied a face powder, different types of facial make ups to enhance your look and other beauty products before setting out for the day.

Looking good and feeling good is a serious business now in Nigeria and many other parts of the world. Everybody wants to look and feel good not minding what it cost to achieve that, this has actually made many smart entrepreneurs find themselves in this business.This article will open your eyes to this exciting and lucrative business opportunities and how you can make money from it. Just before you start this business, you need to know some facts on how to invest in this type of business and they are as follows.


Different Use of Cosmetic Products


In our everyday activities, it is pretty sure that the use of personal care products are necessary. They are usually used to bath, brush ones teeth, we also make use of different types of toiletries to perfect our appearance for the day. When we talk about cosmetics what comes to the mind of most people is the make up aspect. Meanwhile, cosmetics is far more beyond make-ups only.Toiletries are also included  in cosmetics


 Conscious  appearance by Younger People



This will surely surprise you but it is the truth. Younger people even those who are in their pre-teen age are also conscious of how they  appear in their schools. Writing from experience now, my boy of eleven years old now uses roll on, body spray, hair cream, body cream and even white powder on a daily basis, the only one I restricted him from using is perfume that he can only use that when he is a grown man precisely when he starts making money. So if younger generations are now conscious of looking and feeling good, how much more the adults.


Spending More to Look Good


My greatest amazement to this is that people of low profile, I mean low income earners also invest little out of what they earn to make sure they always look and feel good at all time. Also, the high profile caliber of people are not left out of the looking good idea.

Cosmetics is now obviously helping our personal hygiene, its use has become very important in our daily appearances. If you look, feel and smell good, you will be much appreciated by the people you come across everyday and vice-versa. So now you should not be surprised to know that  beauty products, skin care products and in general term cosmetics are the fastest selling items in Nigeria and all over the world.
 It is as important as food!

Different Cosmetic Products Smart Entrepreneurs Can Venture Into.


We have already discussed about those demanding for cosmetic products, you already know what the demand level is likely to be right, now you need to know more about  the various types of cosmetics.

Hair Care Product


This product can be divided into two basic aspects namely:

Hair Extension: This product has too many types, it could be the attachment or weave on which is usually attached to the hair to enhance ones' look mostly used by females.

Hair care and Treatment: This include different types of hair cream, hair gloss, hair spray, relaxers, various types of hair treatment and so many others.


Skin Care Products


Our skin needs adequate care to make it look smooth and glow with utmost comfort, this products ranges among so many products like the bleaching cream, moisturizing cream, age defying, anti acne cream  and so many other skin care products just to mention a few.This is the number one fast selling product.

Fragrances


This aspect is divided into three segments roll on, body spray and perfumes, all these are used to protect the body from emitting offensive odour leaving the body fresh and smelling good.

Personal Care and Toiletries


This aspect deals with those daily necessity that helps our daily and personal hygiene this products includes toilet papers, bathing soap, sanitary towel and so many more.

Make-Up


This is the second best selling cosmetic product now, especially among women. Every woman both old and young wants to enhance their beauty with the help of foundation, concealer, lip gloss, lip stick, mascara, eye-shadow and lots more. There are many recognised  producers of all these beauty products and they are Oreke,  house of tara to list a few are fast growing beauty products manufacturers in Nigeria. Clinique, mary kay, black opal and many other recognised internationally.

To start these business, there are some steps to be considered  and they are as follows.

Your Start up Capital


This is very important, although you can start this business in a small way and then watch it grow to a big one but  before you start any business you must have an initial capital set aside  to run your business. Depending on how financially capable you are, you can start this business  on a very low scale  with as low as  N50,000, on a medium scale you can start with N500,000- N1,000,000, and on a large scale you can start with N2,000,000 to any amount because prices of different products are not constant.

Business Location


We said earlier that even people with low profile patronise those selling cosmetics, this does not mean you should set your shop in an area where you alone can see yourself. You should rent a shop if you can't afford to build one in a strategic point where you can be easily accessible also where you know is a busy environment where people go and pass around  every time. If you are able to get locations in a busy shopping complex very close to the general market, also close to corporate offices, in short a proper commercial location is the best place to set up this business. Always make yourself visible.

Advertisement


How you advertise your product matters a lot, advertising is very important this will make people know you and your products, if your advert is good enough people will begin to look for you wanting to patronise you because of your good advert. You can advertise your product through different social media, through the world wide web, through fliers, newspapers, advertising by simply telling neighbours, family and friends. How you beautifully display your goods is also another medium of advertising, if your goods are beautifully displayed, passers by would like to see what other things you have in stock and this would definitely be a way of patronizing your shop.
Always remember, advertising your products and services goes a long way in making your business flourish!

Section


To be extremely successful in this business, you will not just  restrict yourself to one aspect of it, you must at least have all the different sections available in your shop. For instance, you are setting up your shop you must include the hair extension section, the skin care section, the personal care and toiletries section and many others this will make your shop look beautiful and everybody who pass by would want to patronize your shop.

Where to Buy Your Products


There are different markets where you can easily access to buy your products, and those market are as follows in Nigeria, the mushin market, the dosunmu market at lagos island, balogun market also at lagos island, Trade fair market along badagry expressway all of these market are located in lagos state.
There are distributors of the skin care and hair care products that are well known for quality and originality they are Bicu shop at apongbon street lagos island, Dupe cosmetics at moshalashi street, lagos island, Kudi cosmetics  at balogun market lagos island.

You can also be a distributor, if you intend to be one you will have to directly buy from the manufacturer, buying directly from the manufacturer involves a huge amount to start with because every company has her own procedures, for example expression kanekalon company maker of  xpression hair extension  has policies and procedures different from Amingo kanekalon also maker of amingo hair extension. You will need to follow due processes like locating their office address,  registering with the company at a cost and some other procedures introduced by the company. Below are some of the companies that has fast selling products you will need to register with if you want to be a distributor.

Dark and lovely, Mega profective, Dr.miracle, Organic : This companies are involved with production of relaxers,hair cream and different types of hair treatment and they are internationally produced. You can visit their website to know more about them.

Expression, Amingo, Noble, Supreme, Chocolate to list few hair extension producers because this product has so many makers, their product comes in attachments, wigs, and weave on  you can find more about this company through their website.
There are local producers too and they include Ozone, Topklass, Metasoul, Universal Basic and so many others. Most of this local producers brings their products to your door step once they know you. If you are starting on a small scale never mind you can still get your goods from the list of distributors or the markets mentioned above.

Profit


Am much sure you want to know how profitable this business is before starting up this business, am glad to let you know that it is highly profitable you can make profit as high as N500,000 profit monthly or more depending on how much you invest on it. If you start small, you can make profit of N50,000 or more, so if you have enough fund to finance this business you can decide to start in a big way. If you directly buy products like the hair extension from the manufacturer, once you meet up with their target monthly you will definitely be rewarded with some cash, the exact amount depends on the company and what they produce.


I believe you have read this article through, please don't hesitate to leave a comment, share your success story and if you have some challenges, feel free to ask question.
Wish you all the best.