Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

How to Start Small Scale Poultry Farming Business in Nigeria

How to Start Small Scale Poultry Farming Business in General: Poultry farming is a multi Agric business in the agricultural sector in Nigeria. It is a high-income business requiring a mostly minimal amount of N300,000 to start. The consumption of the end products of birds: chicken and eggs are of high rate in the market.

 

Also, the demand for eggs in the market today even though expensive is off the hook of the statistical table in the Agric-economy. Most importantly, chicken and eggs are the best source of animal protein for kids, teenagers and old adults.

Why is Poultry farming a gainful business?

  1. Poultry farming is profitable because almost everything is of value and can be utilized.
  2. The high consumption of eggs and chicken overall.
  3. The droppings of the birds can also be sold as manure or fertilizers for those involved in plant farming.
  4. Quick returns of the invested amount in less than 8 weeks for broilers and layers.
  5. The initial capital is low compared to other investments requiring higher amounts.

How to Start Small Scale Poultry Farming Business in Nigeria

To start a poultry farm, there are a lot of things to be considered,

  1. Breeds of birds to rear
  2. Land space
  3. Housing/shelter and lightning
  4. Purchasing of feeds
  5. Vaccination and Medications
  6. The market and sales

BREEDS OF BIRDS TO REAR

When thinking of how to start a poultry farm, the first thing to come to mind is the type of bird species you want to rear. There are different breeds of chicken if you consider chicken as your best option because of the market value and fast sale returns.

The Broilers: These breeds of chicken have assumed the fastest-selling breeds of chicken in Nigeria. They grow from a hatch weight of 40g to about 2kg in less than 8 weeks.

The Layers: Just like the name implies are the egg-laying breeds. They are mostly reared for their eggs. They grow within four months and drop their first eggs within a year and 5 months till about two weeks before they start becoming weak.

The Cockerels: The cockerels have special demand in the Agric market. They are reared for there, especially for their meats. They have very slow growth.

LAND SPACE: If you do not have enough capital to acquire a good space you can decide to use the battery cage system. But if you have a good space in your compound or you have a land that you want to start the business with that will be better.

Feeding and Medication OF The Poultry BIRDS

Starting a Small Scale Poultry Farming Business, good quality, highly nutritious food is a must. Quality and neat feeds keep the bird healthy always and very productive.

The feed must be kept clean and dry always, as contaminated feed can infect poultry. Fresh quality and nutritious food is the key to success in the poultry farming business.

Your birds need not lack water. Lack of adequate water supply can impede their growth.

Proper medication and vaccination can prevent many poultry diseases. As a commercial poultry farmer, you need to have a veterinary doctor that can come run a check on your birds when the need arises.

There are various routine medications and vaccinations that help towards the healthiness of your birds to keep them safe from viruses and bacterial infections, peradventure they catch an infectious disease.

Marketing and Sales 

If you’re going to be successful with running a Poultry Farming Business in Nigeria then you have to be mindful of the time. When I was running a small-scale Poultry Farming Business in Nigeria, I was basically focused on the production of meat. I was In a rural area and what I usually do is to start rearing my birds in January and I sell off during April which is the Easter celebration.

Christmas is another period that you should always be targeting Poultry Farming Business is usually very lucrative during the Christmas period and you have to always make sure that you have birds available for sale.

If you’re living in an urban area you won’t be needing the tips above as you can create a customer base that will be buying from you all the time. You can take your business online, selling to hotels and restaurants, advertising your products, employing marketers, home delivery, etc.

The Poultry Farming Business is a profitable business and the desire of every poultry farmer is to make good sales after every harvest. So you need to pay attention to the marketing and sales aspect of your business. Do not be caught up in the operational aspect of your business so much that you ignore the sales aspect.

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Lucrative Businesses in Nigeria That Make Millions of Naira

Lucrative Businesses in Nigeria That Make Millions of Naira-In a time, when majority of youth in Nigeria still think waiting on the government to provide employment is the focus at the center, here is a list of businesses you can decide to venture into if you truly want to be independent. Thank us later.

1. Fast Food business – You need decent customer service, management skills and capital in order to set up an eatery and make sure that everything runs professionally. You can set out on your own and create your own brand, or buy in to an already established business franchise, such as Tantaliser, Tastee Chicken.

2. E-commerce – This is a very promising venture and the best thing is, you will have all the tools and
customers over the web. If you do not have the required knowledge, you can collaborate with an
established firm to operate your e-commerce enterprise.

Benefits are – Low start-up costs, changes can be made instantly, the potential customer reach, and you can easily measure results with cost effective online marketing.

3. Construction business – Business is booming in Nigeria, and so is our population. To support this
growth, Nigeria now has a booming construction and housing sector.

The range, type and size of projects is huge, so there are plenty of opportunities depending on how much capital you can invest. If managing a construction project isn’t for you, you can set yourself up as a local dealer to supply building materials. The investment is not as huge, but considerable investment will be required initially to buy and stock materials. But you can be assured that there will be no shortage of business.

4. Hotel business – This is a goldmine industry if you can get it right, but the competition in this
sector is quite high. To launch and maintain your hotel you will need a large amount of capital. It
takes planning, patience and hard work to start a hotel business. A high-level of customer service skills is also required to attract new and returning visitors.

5. Kerosene retail – You can set yourself up as a supplier to make your millions quickly. Kerosene is
used in most homes in Nigeria, and Africa due to inconsistent power supply. This is one of the most lucrative business opportunities in Nigeria. Entrepreneurs have been known to receive 100% returns on their initial investment.

6. Rice farming – Is the most profitable area in Nigerian agriculture. Nigeria has a low local
production of rice, but an extremely high consumption rate, which leads us to import the
majority of our rice from overseas. Recent reforms in the Nigerian agriculture sector have seen the government open up the sector for more investments to support small, medium and large-scale farmers.

7. Haulage services – Given the poor rail transport system in Nigeria, most of the goods are shifted by
road and this makes the haulage business in Nigeria extremely lucrative.

8. Snail rearing – This is one of the business ideas in Nigeria that needs low investment as
snails require simple vegetation to eat, and they reproduce at an alarming rate. You will need to
invest in housing and protecting them, as snails are delicate, and must retain their moisture to survive.
There is not much competition in the industry and you can enjoy making profits without many
challenges.

9. Car and machinery spare parts – As Nigeria’s, economy grows, so does our manufacturing industry. This has driven a rapid increase for capital goods such as machinery, lubricants, spare parts, ball bearings and other mechanical goods and accessories. The key is to find a good supplier from abroad. UAE-based enterprises have emerged as the leading supplier of these goods to many countries in Africa.

10. Poultry farming – This is big business, and you can begin with around 100 birds, and build it
into a large-scale enterprise within a short period of time. You can make money from selling chicken eggs, or chickens for meat. This is a top business startup idea.

11. Transport business – Although a little messy at present, it is a profitable sector in Nigeria and
can help you make millions annually.

12. Fruit Juice Making – This is a capital-intensive business, but if you can manage the funds you can grow as big as Chivita or La Carcella given how much Nigerians love their fruit juice.

13. Tokunbo trade – Business of second hand items in Nigeria is very lucrative and many Nigerians want to spend as little as possible to buy second hand items such as clothes instead of buying new ones.

14. Dry Cleaning & Laundry – Float a professional dry cleaning business and keep your rates low and
service quality quite high. This type of business is especially profitable in a big city, or urbanized area.

15. Pure Water Production – Although this business needs some capital investment, it can be worth your effort and money in the long run particularly if you can manage pure water production and keep the quality intact over a long time. Your options are to sell as sachet, bagged or bottled water.

16. Professional Car Wash – This can be a good business if you choose a location like Lagos where
you will be able to find a number of good cars.

17. Internet Business – You can provide fast Internet connection at affordable monthly rates and manage it well enough to make tons of money.

18. Nursery and Primary School – There is a lack of good schools in the country and you can set up
high quality nurseries or primary schools to make millions of Naira.

19. Online tech support – You can easily set up an online tech support business and make a lot of
money within a year or two of your business launch. This is a simple business and you do not
have to be a tech expert to operate in this sector.

I’ve known people set up these types of businesses, and outsource the work to tech professionals and many of them abound on the internet space with myself as a case in point.
.
20. Furniture business – A lot of profits await you in the buying and selling of furniture. You do not
have to be a carpenter to do this. You can simply contact trustworthy carpenters in your area and
arrange a steady supply of furniture items to display in your showroom. This is a big scale
enterprise due to the fact that only a few people can afford imported designers.

Conclusion

All of these business ideas have great potential, and the ability to help you generate millions, but
remember the success is in the planning , and your ability to execute your plan.

There are also some key elements that you must assess before committing to any business venture. Once you have all of these elements in place, you are only a few steps away to becoming your boss.

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How to Start Laundry Business in Nigeria

The laundry business is also known as the dry cleaning business is the process of washing, drying, and ironing clothes for individuals and organizations. The laundry business is a lucrative business in Nigeria. You can make lots of money washing people’s clothes for them. Learn how to Start Laundry Business in Nigeria following the steps below.

Laundry is a profitable low-risk business, that is no fear of losing. Anyone can do laundry business, students can use it as part-time work to make ends meet.

The laundry business is very important.  Average Nigerian leaves home as early as 5 am in the morning and returns very late at night, Most work from Mondays to Saturdays and Sunday is the only available day.

The tight schedule makes it difficult to create time for washing clothes. That is where a dry cleaner comes into the picture.

Essential Equipment needed to start laundry business

How to Start Laundry Business in Nigeria

To start any business, there are some important tools needed for the smooth running of the business.

  • Laundry detergent
  • Washing machines
  • Washing Basins
  • Pressing Iron
  • Ironing table
  • Cloth Hanger
  • Starch
  • Water
  • Table clothes
  • Clothes dry rack
  • Generator
  • Packaging Nylon and tags
  • Shelves

Steps to starting laundry business

There are things to consider before starting a laundry business. Let’s take a look at some of these things

Step 1: Find A Good Location

A good location is very important in any business. Location can determine the sales of a business. It is advisable to find a less competitive place. If you can find a place where the laundry business is not competitive, it will be good.

Consider locations in open places. Locations that are close to the road where people can notice your business and see what you are doing. The location should be a busy place where people going and coming from work pass through.

Your location should also be, that is places where people are living. Your location determines how you charge people, if you are in a place dominated by rich people, then you will charge more money, your rent can also determine how you charge.

Step 2: Get a business name and Register your business

You need a unique name that will serve as your brand name.

You might need to register your laundry business with Corporate Affairs Commission (C.A.C.), this is not compulsory, but it is important, so as not to lose your brand name to another business.

Step 3: Buy all necessary equipment needed to start a laundry business

Your next step is to acquire all the necessary equipment you will need to get your laundry business started. The equipment you buy will

depend on which scale you want to operate on. If you do not have enough money to buy all the equipment you can buy the ones you can and start small.

Step 4: Offer additional services

You can offer additional services apart from washing clothes, such as washing bedspreads, curtains, rugs, carpets, and other household items to boost your profit.

Step 5: Market your business

At this point your business is ready to take off, all you need to do is market your business. This is how you get customers and ultimately maximize your profit.

Step 6: Switch Delivery

Never let your customers run after you before delivering their clothes, make sure you deliver on time.

How to advertise a laundry business

• Use A Sign Post

Put a banner outside your shop to let people know what you do.

• Advertise On Social Media

These days, people spend most of their time on social media, you can use that medium to tell them what you do, by chatting them up and posting on your WhatsApp status, Facebook, Twitter, etc.

Word Of Mouth

Tell people you know, urge them to patronize you refer their friends. Some people do not read banners, fliers etc. Therefore, they won’t know what you do until you tell them

Go to offices, churches, schools and inform them of your services.

• Fliers

 

Print fliers and share in your neighborhood, paste banners around your neighborhood if it’s allowed.

• Offer Promos And Discounts

People love it when you offer them discounts, they tend to patronize you and even refer their friends, offering a discount like 20% off.

• Do home pick up and delivery

You can offer to pick up your customer’s clothes and deliver them after washing. This makes your customers think about you first whenever they need dry

How to Set Up A Low Budget Laundry Business

 

One good thing about Laundry is that you can start it at the comfort of your home with no capital. if you don’t have the huge capital required for a standard one which usually requires a washing machine and could take hundreds of thousands.

You can go for a DIY (Do-It-Yourself) laundry business. It is called DIY because it deals with the local dry cleaning method, which refers to using hands to wash clothes.

 3 Reasons Why You Should Open A Laundry Shop

1. Good Source of Income

It is a good source of income, especially for students who do not get much money from home can venture into a part-time job.

2. Simple Yet Profitable

The laundry business is one of the simplest businesses to do. It is easy to start a laundry business.  It does not require you to have any license or qualification to get into this business. It’s also very profitable.

Laundry is also very important because the demand will always be there. Its seasonal type of business, it a basic need for people to have clean clothes.

• Helps Takes Stress Off

Most Lagos residents, leave home very early in the morning and return home late at night. It goes like that from Monday to Saturday and Sunday is the only available day.

By going into a laundry business, you help take the stress off these people.

Conclusion

The laundry business is a very profitable business that you can make a lot of money from. You need a good location and good marketing skills, you can make a lot of money from it. Decide the scale you want to start with. Check for More businesses you can easily lay your hands and do.

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How to Start Snail Farming Business in Nigeria

How to Start Snail Farming Business in Nigeria:

Snail farming is one of the most lucrative Agricultural businesses to engage in. It’s very profitable and not yet competitive as many farmers do not like to engage in it because they usually think is a difficult business to start.

If you have ever thought about starting a snail farming business and you do not know how to go about it, you’re in the right place just make sure you read this article till the end as I will be sharing with you all that you need to know about starting a snail farming business.

How does it Cost To Start Snail farming Business in Nigeria?

I know that one of the things that might have crossed your mind is the amount of money needed to start your snail farming business up and running.

One thing you should know is that the Snail farming business is not capital Intensive. Due to the ‘crawling nature’ of snails, a snail farm needs not be elaborate, hence; it can be built from the material you have around your house.

The amount needs to start your snail farm depends on how big you want your farm to be you can choose to start a small scale, medium scale, or large scale farm.

With a hundred thousand naira (N100,000 – 150000 Naira) only, you can begin a medium-scale snail farm that could gross in five times your initial investment.

Why Starting Snail Farm?

You may not totally agree with me that the snail farming business is very profitable. But the truth is that the demand for snails in Nigeria and in Africa is huge but grossly underrated.

Snails are a huge part of the diet in many parts of Africa, although they are not always affordable and available all year round. If you rear snail in commercial quantities, hotels, and fast-food restaurants, private individuals will be your regular customers.

For many years now, snails handpicked from the farm or bush have been the only way to get snails to the market and dinner table. Currently, the demand for snail is higher than the supplies, an indication that the market potential of snail is inexhaustible, locally and internationally.

Starting both small and large-scale snail farming businesses is the only way to fill up the spaces between the demand for snail and its supply in Africa.

How to Start Snail Farming Business in Nigeria

If you have finally made up your mind to start Snail Farming Business in Nigeria, here are some of the steps that you have to follow. Please ensure that you are very serious about it. As this is a business that can take you away from the trenches.

  1. Decide which species of snail to farm
  2. Set up your farmland for housing
  3. Purchase your snails
  4. Feeding and rearing of the snails
  5. Harvesting and selling of the snails
  • Decide which species of snail to farm

When creating a snail farm one of the first major factors that you need to consider is the species of snail to farm.  Research has shown that snail species such as Achatina achatina are the best for warm climate regions like Africa.

  • Set up your farmland for housing

Building snail housing is one of the most difficult tasks in starting a Snail business. Once you have solved the issue of housing you are good to go. Remember that snail housing must have enough space for your snails to graze freely.

Not having enough farm space for your snailery impedes the development of snails and therefore should be avoided. A well-spaced snail housing reduces the risk of disease outbreaks caused by overcrowding.

You should keep in mind that snail is good at escaping from where they are kept, so you should construct escape-proof housing. You can use a pen house that will be spacious and accessible with a soil depth of 10 inches and trees around it.

  • Purchase your snails

After you have considered the type of species of snail to farm and have built your farmhouse the next thing is to go ahead and purchase your snail.

You can buy quality snails from the market or any farm. It’s always best to be able to examine the snails before you buy them so that you know they are healthy.

I suggest you link up with someone that is already involved in the business so that he will guide you properly on where to get a good quality snail.

More Tips Start Snail Farming Business in Nigeria

  • Feeding and rearing of the snails

Let’s assume that you have purchased your snails successfully the next thing to do is to provide good feedings for your snails.

Snails are vegetarians and can be fed with a wide variety of foods such as cabbage, cucumber, mango, banana, eggplant, pear, tomato and paw-paw, cassava, okra leaves, or lettuce. However, you can as well feed snails with pineapple, banana, or paw paw.

  •  Mating and laying eggs are a vital part of snail farming.

Typically, mating occurs during spring and summer. As hermaphrodites, snails can fertilize each other as soon as they are mature enough. In order for the egg-laying to go over smoothly, you should use high-quality soil with the right temperature and humidity.

  • Harvesting and selling of the snails

It is not a good decision to harvest your snails before it’s maturity, it has to be mature before harvesting.

If you must succeed in this business do not harvest all the matured snails at once to sell in the market. It is important to keep few for breeding and to serve as base stock for your snail farm.

Snail has good market demand and price. You can easily sell the snails in the local market. The snail meat consumption rate is growing very fast around the globe. So, exporting to the international market can make you more money.

Conclusively, if you have done a proper market surveyor you will understand that snail farm is a very lucrative business idea and you have to get started immediately. Do not procrastinate about it. The good thing about is that it does not require 100 percent of your time and the market is always there for you. No competition at all.

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