Things To Know And Do Before Starting A Business

 

Starting your own business is a path way to being successful. It is also you path way to being financially independent and actualizing you dreams. However, many people make some serious mistakes while starting their business and that had lead to eminent failure.

To be a successful entrepreneur, there are some things you need to thought out and make plans for. In this article, we will be looking at them.

Make Up Your Mind

You do not start a business because of pressure from anyone or because your friend just started a business and you want to do the same. No. You need to ask yourself if you are ready to start a business. 

You need to be sure that you can see the business through and handle any issue that might come from it. Business is full of ups and downs, so you need to be ready for the profit and the loss also.

Chose a Niche Where You Have Passion

It is not enough to chose your business niche. Before chosen a business niche, you must research about the business. Find out if the sector is growing, if the business is seasonal or not, if there are availablity of starting materials and what people are doing to be successful in that business. You need to know all.

You don't just stop at chosen niche. When choosing your business niche, it needs to be something you have passion for. Passion is what drives a business even when the tides are against you.

Learn About The Business

Education is key to success in all areas of life. Educate yourself about the business. Get learning materials online and study the business you want to venture into. Learn about the products or services and know all that are involved.

Related Post: How To Start Clearing And Forwarding Business In Nigeria

You may want to first approach someone already in the business to learn from their experience, how and where to source for materials, challenges associated with the business and how to be successful in it. Learn everything you can about the business, that is what will distinguish you from competitors.

Get A Mentor

Mentorship in a business is as critical as startup capital. You need a mentor who is already grounded in the business or related business to carry you along and show you the path to success.

You can get a mentor at www.score.org, it's Free. You will also get free business advice and attend free business webnars. You don't pay your mentor. You learn from their vast business experiences. 

Chose Your Business Location

Location of a business is very critical to the success of the business. Your location should be conducive, accessible and affordable for your business type. 

It has to be closer to the target market for easy accessibility and to reduce expenses on transporting your products or services to your prospects. So while planning your business, make a good location a priority. 

Draft A Business Plan

There is no successful business without a good business plan. The emphasis is not just on a business plan but on a good business plan. A well thought out business plan can do a lot of good to your business. It will give your business a direction, vision, objective, action plans, marketing strategies, financial prudence and fiscal policy, expansion plan and staff development. It will equally help you business in market penetration and outshining competitors.

Another aspect of a good business plan is in funding. A well written business plan will help you secure funding for your business. Yes, even without any structure on ground or capital of your own, a good business plan can pitch your business idea to investors and fetch you the much needed capital to get started.

For your business plan, we can undertake it and write a good business plan that you can use to source for fund. Our charges are affordable and we carryout feasibility study for you Free. Reach the contact  below now to get in touch: tochukwudike@gmail.com, dillionworldresources@gmail.com  or support@digitalmarket.com.ng. You can also call/WhatsApp: +2348035217265

 Register Your Business

 The final stage is to register your business. If you are in Nigeria, you need to register with the Corporate Affairs Commission (CAC). 

The process of the registration is simple and you can do it yourself online. Registering your business is very important. Without registration, you may not access business grant, loan nor have business bank account and, it will impede on your business growth.

Also Read: How To Venture Into Cooking Gas Refilling Business On A Medium Or Large Scale

Guaranteed Cooking Gas Refilling Plant Business Plan To Secure Funding

 

Cooking gas refilling business is today one of the most profitable business to venture into. This is because of the increasing demand for Liquified Petroleum Gas (LPG) as the best choice of cooking fuel. Despite the increasing cost of LPG, more people are using it as their preferred cooking fuel more than any other means. Hardly can your find any household in the urban area without gas cooker, and the trend is fast spreading in the rural areas too. This makes cooking gas business is a highly profitable and lucrative venture.

Establishing a cooking gas plant of bigger capacity or even skid plant requires capital. Sometimes, the required capital may not be available and hence, seeking external funding becomes very important.

Related post: How to start oil and gas marketing/brokerage business in Nigeria without capital

To secure funding for your cooking gas refilling plant project, you will need a good business plan. With a good and well written plan, you can easily secure funding even without collateral. A well written business plan will include the following contents seen in the picture below:

Even if you are not looking to secure funds externally, you still need a good business plan to be able to successfully establish the business, provide direction for the business, run it, make it successful and keep it successful. Good business plan gives your business an edge over competitors. 

From my experience, with a good business plan, you can recoup your initial investment capital in cooking gas business within one year of operation and still makes some good profit.

With strong and innovative marketing strategies,  right personnel, SWOT analysis and financial analysis, you business is surely on its way to success. All these are what good business plan will take care of and more.

There is no good business plan without feasibility study. To be able to give your business a plan, you need to study thee market, the product, the people and the environment. All these are what feasibility study captures and that is why it is very important for any good business plan and for any business that want to succeed. Feasibility study will determine if the business will be successful or not and also, if the chosen location is good for the business or not.

Feasibility study comes before business plan. It is with the result of feasibility study that one can use to write a good business plan. 

Undergoing a feasibility study and writing the business plan for cooking gas plant is not an easy task. It requires professionalism and sometimes, it is not all that cheap.

Consequently, if you would like to set up this business and you requires business plan. Worry no more! We will take care of your business plan and  feasibility study.

Related post: How to start clearing and forwarding business and be a clearing agent in Nigeria

We already have a predefined template for cooking gas business plan that is guaranteed to secure the much needed fund from any external body like any commercial bank, Bank of Industries, international agencies or any individual/group investors. 

We will carry out the feasibility study FREE for you. You only pay a very affordable amount for the business plan. 

Our business plan for this cooking gas refilling plant is guaranteed to attract you funds/loan even without collateral. Yet, our charges are affordable and one of the lowest. 

We are already in the LPG and energy business, consequently, we will go beyond the business plan and help you set up the plant and ensure you succeed in the business.

If you are interested in establishing cooking gas refilling plant and you need the business plan, you can reach us for further details.

Contact:

tochukwudike@gmail.com

dillionworldresources@gmail.com

oilandgassupplyng@gmail.com

Call/Whatsapp: +2348035217265

How Oil And Gas Marketing/Brokerage Can Give Individual Financial Freedom

Oil and gas business is a money spinner. It is Nigeria's most important revenue source for many decades. The sector generates more than 90% of internal revenue for the country.

The most important products in this sector are AGO (diesel) and PMS (petrol). Others include DPK (kerosene), Lacasera, blue gas and LPFO (black oil).

The profitability in this  business sector has been on the increase as a result of poor power (light) supply in the country and continuous large increase in the number of automobiles in Nigeria. These factors keep on making the business a very lucrative one and highly profitable for anyone that ventures into it.

How To Go Into The Business As An Individual?

Anyone regardless of your educational background or financial status can go into the business as a broker or independent marketer. There is no requirement for being a broker in this business sector, no licence is required for a broker. 

You can comfortably start this business with no capital as an independent broker. Your duty is to facilitate sales between buyer and seller.  The business mostly run on payment on delivery basis as long as the buyer issues you LPO (Local purchase order). LPO is a document issued by a buyer to a broker or seller telling him to supply a certain product at a given time.

With a valid LPO, you can successfully conclude a deal.

Hear this, getting clients or company to issue you LPO is one of the easiest thing in this business sector because the buyer is constantly looking for a cheaper product or someone that can supply faster. There is no permanent supplier here for companies, factories, construction companies, banks, estates, hotels, schools, etc; even fuel stations too, except those on franchise.

These are places of opportunities for any independent broker to get clients.

Related Post: How to start a cooking Gas (LPG) refilling business on a small/medium/large scales in Nigeria easily

Getting steady and trusted suppliers is no big deal as I will tell you how to do that, and will also link you up with some suppliers or better still, we can supply at best rate. Keep reading.

How TO Make Money In This Business?

As I said earlier, the business is very profitable. To be successful in this business, you need to be honest, and be serious about the business. 

You can make money by earning commission or by the amount you added per litre of any product or both. I prefer both. Let me explain further.

For instance you are asked to supply 33,000 litres of AGO. And the supplier tells you that they supplier at ₦550 per litre. You can tell the buyer that you are supplying at ₦560 per litre. After successful deal, you will be making 45,000 times ₦10, which will amount to ₦450,000. This is in just one deal, with no stress. The supplier will take the responsibility of delivery the product as long as the buyer issues LPO.  You can also negotiate commission from the supplier and earn more. You get paid immediately after the product is discharged. 

The same applies to PMS but the profit here is usually less as you cannot add more than ₦2 to the supplier's price, otherwise, the buyer might feel it's too expensive and look elsewhere. And the capacity of PMS trucks are usually 33,000 litres.

There is more money to make in AGO than PMS. The key to making money is getting a reliable supplier with good price.

The supplies may also be for smaller buyers like hotels, banks, estates, etc that buy like 10,000 litres of AGO at a go. Factories, construction companies and fuel stations, buy up to 45,000 litres and more at a go.

But don't neglect any market, there could be steady supply demands from the small capacity buyers. 

You can run supplies more than 2 times in a month and be smiling to the bank.

How TO Get Customers/Clients?

There is no clean cut to this. One can get clients through referral from someone you know. The key is to let your family, friends and associates know that you are into the business first. You must look responsible before marketing your business for people to have confidence in you.

Other ways are:

1. Through the use of proposal letter. This a very vital tool in the business. You can draft a unique proposal letter for each company you want to visit and deliver the letter to the key decision maker in the company.
2. Through the use of introduction letter.
3. Through social media.
4. By word of the month.
5. Using a website. This is one of my favourite as you can design your website to look like a big company and make it available for Google search.
6. Using stickers and fliers. 
7. Announcing it in gatherings like your church, WhatsApp group, Facebook page and groups, in your school, etc.

You can comfortably run this business on a part-time basis as a side hustle or as a full scale business. You can use your phone for marketing online. You may not even need to leave your house to make your first deal in this business. You can run it from home. 

No office is required, except you want to go into full scale, have office and register your business name with CAC. Otherwise, you can just run it from anywhere you are as an independent broker and be making good money monthly.

This business sector is very large and highly profitable. 

How To Get Started?

The business requires seriousness and honesty. You must establish trust with the buyer and even supplier to be successful. The business is also very delicate and one needs to be careful in all dealings. Consequently, you will need some kind of training and mentorship. 

To this effect, we created a training manual (ebook) about this business.

Everything about starting the business from scratch without capital is in there. Even if you want to start on large scale or own fuel station, the details and feasibility study are included. 

After going through the book, you will:

• Learn all about the business,
• How to start without capital,
• How to write proposal and introduction letter with examples,
• Ways of getting buyers easily,
• How to conclude each deals and get paid,
• How to negotiate for commission,
• How to easily get LPO and examples of good LPOs,
• How to make your first million from the business,
• How to go into big deals and establish the business as a company of your own,
• Where to get products cheap in your state,
• Get contacts of reliable suppliers,
• Etc.

More importantly, I will be available to always assist you in the business, partner with you and mentor you till you become successful in the business.

The training manual (ebook) cost only ₦6,000.

You can pay online through Paystack and download immediately after successful payment.

  Click Here To Pay Online.

Or you can reach me for Bank transfer.

For enquiries, please contact me on:

Call/WhatsApp: +2348035217265

Email: tochukwudike@gmail.com

customercare.dillionworld@gmail.com

oilandgassupplyng@gmail.com

Digital Businesses You Can Start And Run With Your Smartphone

Smartphones have become part of our everyday living. No one goes any day without touching or operating a smartphone. Smartphones can serve as your means of getting income. 

With just your smartphone, there are handful of couple businesses you can start and keep running the business with only your phone.  All thee businesses listed here are lucrative and capable of making one financial independent.

Digital Marketing

Digital marketing is a way of promoting business through digital means. One can run it as as  business where he establishes digital marketing company that promotes people's goods and  service for a fee. There are Many forms of digital marketing, however, we are going to look into the most important ones.

Email Marketing: Email marketing is the oldest form of digital marketing and it involves running an email campaign or sending out email Ads to some specific email database. It's one of the must profitable digital business with high ROI. Click here to read more on how to start and be running email marketing business.

 WhatsApp Marketing: This is today one of the most trending digital marketing means because it's the most cheapest and it is highly effective. WhatsApp Marketing as a business are in two forms. First, helping people to reach and connect with potential clients. Secondly, selling of bulk WhatsApp sender, WhatsApp contacts generator and others. Click here to learn more about WhatsApp Marketing business and to get Nigerians WhatsApp contacts.

Social Media Marketing:  Social Media marketing involves helping people, companies to manage there fan page and also to run social media advert for them on social media such as Facebook, Instagram, Twitter and LinkedIn. If you want to learn how to run social media marketing or learn how to start the business, Contact Us

SMS Marketing: This is another form of digital marketing strategy and involves sending sms for client to target recipients. You can be making good profit from the business in two ways, first is by sending sms for your client for some fee, secondly is by reselling GSM database. Click here to learn more about sms Marketing and where to get and resell GSM database cheaply.

Others include, Search engine optimisation, tv/radio advertising agency, etc.

Gift Cards Trading

This involves buying and selling of different brands of gift cards. This is currently the best and very lucrative business for young people. It can also be run as a side hustle or full time business. This business can make you to be financially stable. Click here to learn how to start and run gift cards trading/redeeming business.

Cryptocurrency Trading

This is no doubt one of the very lucrative business for everyone because of the volatile nature of cryptocurrency. Trading crypto requires some skills and training. It's a very profitable venture and will require month the before seeing real profit. You can start trading with as low as ₦10,000.  Click here to learn crypto trading training and start making daily profit.

Graphics Designing

There are simply graphics designs that you can carry out on your smartphone phone. Services such as logo design, Flyers, complimentary cards, etc. There are many applications that you can use to achieve good results. Graphics designing is equally a profitable business idea for people looking for more money or side business. Click here to Contact us if you want to learn graphics designing like a professional. 

Blogging

Blogging has been with us for long. Many students are already using it to cash out and sustain themselves. There are several much you can chose from and start putting up contents on your blog. When the audience is great, you can apply for affiliate marketing or ads to be displayed on your blog. That is how to make money blogging. You can also be selling your digital products like ebooks through your blog.  For your affordable paid blog development,  Contact Us.

Dropshipping Business

This involves selling other people's products as your own on online ecommerce platforms. Dropshipping can run as a side or full times business and it's super easy as most ecommerce platforms has softwares for that purpose. 

The biggest benefit to dropshipping is the ability to offer a large selection of product without purchasing inventory upfront and managing that inventory. Dropshipping can also be a great tool to help diversify your inventory and test products since it's just a matter of adding the new product to your store. Click here to learn how to start and run a successful dropshipping business with your phone in Nigeria.

Affiliate Marketing

There are many affiliate marketing platforms you can join and start promoting products to make real money through commission. The commission could be as high as 40% .

For enquiries or consulting, contact

+2348035217265 (calls/WhatsApp)

dillionworldblog@gmail.com

Abuja Email Database Of Business Executives

Email marketing is still one of the best marketing mean available today that generates the highest returns on investment. It is cheaper and affordable than most marketing means available and yield the desired result when done properly.

Apart from the low cost, email campaigns can be tracked to know the number of people that viewed your email advert campaign, how many opening the email got and also, the number of clicks.

Abuja is the capital of Nigeria, the fastest growing African economy. It is also one of the growing commercial hub centre in West Africa and such, neglecting Abuja business market is the worst mistake any entrepreneur can do. Abuja has many notable establishments in verious sector of the economy. Email marketing is one of the best means of reaching out to the business owners in Abuja to transaction business in a B2B (business to business) way. The end result is always satisfying. 

We have already done the hard part from you. We have in our database, 63,000 active personal email addresses of business executives in Abuja. All the email addresses in the database are active and responsive as we do carry out regular updates to ensure that the emails are good.

Related post: Whatsapp Marketing; how to get bulk Whatsapp contacts and send free bulk Whatsapp messages

With 63,000 active personal email addresses of Abuja business owners, you will be reaching out to over 63,000 businesses and families in Abuja promoting your own business and services to one of the world most active growing business environment.

The database comes with email addresses, full names, phone number and addresses.

The opportunity to grow your business is finally here. Grab this opportunity and see your business outshine your competitors and boom.

The 63,000 email addresses of the business executives in Abuja cost only ₦3,500.

Yes, with ₦3,500, you will have the active Abuja business executives email database and grow your business.

Additional Free bonus include how to send bulk emails to all the 63,000 addresses at once and how to track the emails.

Related post: Active Email Address Database Of Business Executives/Owners In Lagos Nigeria

To order for the database, use the Paystack payment link below to pay online and download the database immediately after successful payment.

CLICK HERE TO PAY ONLINE

For enquiries contact:

+2348035217265 (calls/WhatsApp)

tochukwudike@gmail.com

dillionworldblog@gmail.com

support@digitalmarket.com.ng

Active Lagos Business Executives Email Database

 

Email marketing remains one of the best marketing options available today that generates the best returns on investment. It is cheaper than most marketing means available and yield the desired result when done properly.

Apart from the low cost, it can be tracked to know how many people viewed your email advert campaign, how many opening the email got and also, the number of clicks.

Lagos State is the commercial hub centre of entire West Africa and such, neglecting Lagos business market is the worst mistake any entrepreneur can do. Email marketing is one of the best means of reaching out to the business owners in Lagos to transaction business in a B2B (business to business) way. The end result is always satisfying. 

Related post: Whatsapp Marketing; how to get bulk Whatsapp contacts and send free bulk Whatsapp messages

We have already done the hard part from you. We have in our database, 100,000 active personal email addresses of business executives in Lagos. All the emails are active and responsive as we do carry out regular updates to ensure that the emails are good.

With 100,000 active personal email addresses of Lagos business owners, you will be reaching out to more that 100,000 businesses and families in Lagos promoting your own business and services to the world most active business environment.

The opportunity to grow your business is finally here. Grab this opportunity and see your business outshine your competitors.

The 100,000 email addresses of the business executives in Lagos cost only ₦4,000.

Yes, with ₦4,000, you will have the active Lagos business executives email database and grow your business.

Related post: Active Email Database Of Business Executives/Owners In Abuja Nigeria

Additional Free bonus include how to send bulk emails to all the 100,000 addresses at once and how to track the emails.

To order for the database, use the Paystack payment link below to pay online and download the database immediately after successful payment.

CLICK HERE TO PAY ONLINE

For enquiries contact:

+2348035217265 (calls/WhatsApp)

tochukwudike@gmail.com

dillionworldblog@gmail.com

support@digitalmarket.com.ng

How To Start Textile Shop Business With A Business Plan

Are you about starting a textile shop? I must encourage you to ensure you materialise your plan before textiles are hot selling items in Nigeria, Africa and everywhere in the world.

It has been proven over and over again that businesses that are worth going for are businesses that people need their services or products from time to time.

 A business like textile shop falls into this category; Fast Moving Consumer Goods. 

You can be certain that there would be ceremonies at least once in a week in your city or town and people will always shop for textiles. So, if you are looking for a business to start as an aspiring entrepreneur who has interest in selling stuffs, then one of your options is to open a textile shop in your city.

Textiles such as Lace materials, Ankara, cottons, plain and patterns, etc are on demand on a daily basis for several purposes, especially here in Nigeria.

One good thing about this type of business is that you don’t need to enroll in a conventional school to learn how to start and run the business; it is a business that requires basic business skills such as customer service, accounting, bargaining, networking and of course overall business management skills.

If you have decided to start a textile shop business, then you should ensure that you carry out feasibility studies and also market survey. Business plan is yet another very important business document that you should not take for granted when launching the business.

Textiles business is somehow capital intensive, but with a good business plan you can get fundings from many different sources easily such as microfinance banks, NGOs and accredited investors.

We have considered all the requirements for starting a textile shop. We also took it further by analyzing and drafting an all encompassing textile shop business backed up by actionable guerrilla marketing ideas and financial analysis for textile shops.

 

So if you are interested in starting a textiles business and requires a business plan that will help project your business for funds, growth and expansion, contact us to get the business plan. We can customise the plan to meet your needs, in addition to carrying out free Feasibility study for your business.

Contact details:

Email: dillionworldblog@gmail.com

tochukwudike@gmail.com

Call/WhatsApp: +2348035217265

     

5 Tech Trends in Business You Need to Know in 2022

Sciencelovers - The limitations caused by the COVID-19 pandemic have fueled technological developments and pushed us to adapt. This can be seen from the birth of a work from home culture, online schools and online shopping.Even though the vaccination program has been running globally, this virtual lifestyle cannot be lost. In fact, this technology will continue to develop in the future.Here are 5

Land/Space And License Requirements For Cooking Gas Refilling Plant Startup

Starting a cooking gas business is a good venture to go into as it has the potential to be lucrative and profitable when managed well and basic rules, requirements and safety measures are adhered to.

LAND/SPACE REQUIREMENT AND BUSINESS LOCATION  2022

The minimum land requirement to setup this LPG facility is 1 plot of Land. To decide on the  best location to setup your mini refilling plant facility, consider a highly populated residential areas. 

Being a bulky product, transportation of cooking gas can be costly and cumbersome.

 Many consumers would prefer buying gas in their locality therefore, locate your business in a place not too far from residential areas. 

Having determined the demand for cooking gas in the area, decide on the best location within the place for your business. Your ideal location will be an area with high traffic such as a busy road, street or street junction close to a market place. 

As with any business venture, the location of your gas plant is very key. In the case of this one, it is most peculiar. A good place to locate your gas plant is in proximity of a sprawling residential area. 

Related Post: How To Start Oil And Gas Marketing And Distribution Business In Nigeria With Or Without Capital

This is to ensure that you are not too far away from your target market. You do not want your customers to have to travel unnecessarily long distances to reach your business place. 

Despite the fact that you should have proximity of the target market in mind, do not forget that you are dealing with a highly inflammable product. Hence you must also ensure that your intended location is not surrounded by residential buildings. 

In Nigeria, all state governments have departments that have the responsibility of ensuring that such businesses are located where they will not be a hazard to the people. Typically, a gas plant in Lagos will make a lot of money because of the population of people there. 

In a nutshell, while you are picking a location, ensure that it is not too far away from residential areas but also check with the authorities to make sure that you are also not too close. 

Yes sourcing for a space or land could be difficult but it is very achievable if you work through housing agents. Tell them to source a space for you either in a filling station or outside. They would do the running around. 

LICENSE 

The company handling the installer of the plant usually takes care of procuring all required documentations and licenses involved in building or upgrading an LPG facility and working with Ministry of Energy and Minerals Resources to secure all required permit for your facility to 

operate. 

The permits includes: 

• Town Planning 
• Police Report 
• Fire Service Report 
• Environmental Impact Assessment report 
• Department of Petroleum Resources(DPR) Permit. 

A single license can not be used to operate more than one plant. The cost of acquiring a license from state to state differs. 

Click here to read full detail on: How To Start Cooking Gas (LPG) Distribution/Refilling Business With Little Capital In Nigeria and learn how to start this business on a small, medium and large scale.

Why Do Businesses Also Need Insurance and What Are the Benefits?

Science Lovers - Insurance is a form of financial risk control that is done by transferring risk from one party to another.Business insurance is one of the products that is devoted to protecting the business. For that, this product has various benefits such as risk transfer, fundraising, and balanced premiums.Not only that, insurance can also stimulate business growth, prevent losses, control

Wow! Cheapest Land in Metaverse Starting at US$ 11,000

Sciencelovers - When land prices in the real world continue to soar, it turns out that "land" in the metaverse sector also doesn't want to be outdone by printing higher prices, even more fantastic.The great hype is the main reason why the metaverse is so crazed by investors, that the prices of all the assets in it, including the tokens, skyrocketed tremendously.Land Prices in Metaverse