Category : Start A Business

Start A Business

How to Start Cooking Gas Plant Cheaper & Profitable in 2022

Cooking Gas Plant Business

Do you want to start cooking gas plant with an ‘insane’ profitability, because people can’t STOP cooking food? Here is your best startup plug for starting, selling and managing a profitable cooking gas plant in Nigeria.

I’m going to show you all about this business, how you can start it, how you can even start small; and how to start it profitably. How best to deal with competitors who may be stronger than you. And most importantly, how to raise money for your cooking gas plant.

Cooking gas plant or LPG plant is very lucrative. But do you know what makes it that profitable? Most people jump into the business because they believe there’s high demand for cooking gas – which is true.

That also means you are not the only one who sees this huge potential. You need to prepare well. How do you plan to deal with competitions? That’s why it’s important you conduct proper study on your location before you setup. Your location determines the success of your cooking gas plant by 75%. The remaining 25% is shared by marketing and capacity.

Don’t work on assumption about your location. By conducting proper location assessment, you will be able to address the issues of patronage, market concentration, potential new markets and identify competitors both present and future incoming.

If you are about to setup a cooking gas plant, study this document thoroughly and contact me if you need more guidance. Contact detail is at the end.

✅ Is LPG Plant A Good Investment Option?

Most people desiring to start cooking gas plant always desire to know if it’s lucrative. Well, I will leave you to decide, but see why you may have to consider LPG plant business.

♦️if you want to start your own business
♦️if you are looking for a highly profitable investment
♦️if you are looking for a business that’s easy to setup
♦️if you want a business with low operational cost
♦️plus, plants can be located closer to LPG customers

However, considering that gas is now the cooking energy of choice, that makes it a necessary consumer product. Most households now cook with gas cooker. And many more are joining in the use of gas for cooking. The demand is skyrocketing, making the business even more lucrative.

✅ What’s Your Startup Plan?

Before you can start a cooking gas plant, you need to have a startup plan. Here are the things you should list out in your startup plan. It’s like your own LPG plant to-do-list.

♦️How to raise the money to start
♦️Where to setup your gas plant?
♦️What it would take to get government approvals?
♦️What’s the potential customer value in your chosen location?
♦️How to deal with stronger competitors in your location
♦️How to guarantee profitability in both short and long run

It’s always important to think and plan ahead. Most times startups are only concerned about how much it would cost to setup. That’s just one part of your problem. 95 percent of investors interested in cooking plant business can’t afford it from their pockets.

So, the right question you should be asking yourself is not how much, but how do you raise the money to start? If you can answer that, you can now ask yourself how much do I really need to raise?

✅ How to Raise Money From Lenders

Big projects like LPG plant is not one you should be considering starting from your personal income. The best options would be to get a financial partner or get funding from the bank.

Contrary to what many think, banks and financial institutions can give you loan to setup LPG plant without knowing anybody in the bank. In case you don’t know, CBN made provision for loans for oil and gas businesses, which you can assess through the banks.

You can also approach your bank to finance the purchase of your gas plant equipment or give you operating capital. This kind of loans are easily accessible. To do that successfully, you will need the following to apply for it.

♦️A business plan to describe your business and how you intend to pay back the loan
♦️A collateral or land documents owned by you or one of your partners in the business
♦️A pro-forma invoice detailing the product you required financing and the cost

Note that this kind of financing may require the bank making the purchase themselves on your behalf to ensure the money isn’t diverted for other uses. The equipment can also serve as part of the collateral.

✅ What Do You Need to Get Started?

Let me break some things down for you. The things you need to start are what would make you succeed or fail. Here are what you are going to do to help you start cheaper and build it to be profitable.

♦️Process Implementation and data analysis
♦️Following Regulatory procedures and approvals
♦️Site cost analysis, safety and construction
♦️Equipment planning and purchase
♦️LPG supply partners, logistics and costs
♦️Employment plan and management

✅ Process Implementation & Data Analysis

There’s time to plan and there’s time to implement what has been planned. If you noticed, when I talked about what should be in your startup plan, I expect you to have a plan of what you intend to do. For example, to raise money for the plant you need to convince partners and financial institutions.

What are the processes you need to put in place to get the money you require? How do you convince a third party that the business is viable, and that you have the right expertise to get it started. Don’t just think anybody will give you money simply based on the business profitability alone.

Every business is profitable, but how do you prove that you can do it profitably? That’s the point, and that’s the reason for process Implementation and data analysis. You want the potential investors or financial institutions to see your ability to make the idea profitable.

You will need to do the following:

♦️Hire a consultant to be in your team and overseas your startup operation
♦️Package a professional business plan with proper feasibility/viability report, which should include a physical location assessment study

If the bank or investor sees you have an experienced consultant in your team they will believe you have the right expertise to guide you profitably. That would mean their money will be safe. Hiring a consultant doesn’t mean making him a board member of your company. It’s the same way you hire a company lawyer. You can pay monthly, or sign a fixed contract.

A business plan describes what you want to do, how you want to do it, and with what you need to do – either to explain to interested investor or lender or simply to guide you in what you are building. This kind of document must be professionally done. Investors are not fools. They would see a poorly packaged plan as inefficiency on your part.

Also, your business plan would need a proper location assessment report. Any wise investor or lender would appreciate good data analysis. If you can provide factual analysis of the target market, and not assumptions, it will help them trust you more and invest with you.

✅ Planning Against Competition

The biggest challenge in this business is competition. As a lucrative business, more people will eventually invest into it. Just like we have Petrol stations and mega Petrol stations, the gas competition will soon become stiff.

If you are starting small, you have to plan how to fight these kind of oppressing competitors before they even arrive near you.

Here are tips to apply during and after startup:

♦️Setup in the best location in your target market
♦️Create room for expansion even while you start small
♦️Understand your target market better. Know your saturated areas, growing areas, and areas already covered by your competitors.
♦️Conduct a location assessment to identify different parts of your market and how competitors can possibly intrude to offset you.

✅ Following Regulatory Procedures & Approvals

In all you do, always adhere to regulatory processes. Don’t cut corners with regulations. It might hurt you later. Always remember that the staff who may help you cut corners today may not be there tomorrow to cover up for you.

Also, make sure you make every DPR payments through the approved government accounts.

✅ What Permits Do You Need?

There are basic requirements you must obtain before starting a cooking gas plant, regardless of the size. Even the road side gas seller need approval to operate these days.

Here are the permits you would need to process before you can be allowed to to commence sales of cooking gas, even before you should start construction.

You will need to get the following approvals:

♦️Town planning approval from ministry of lands and physical planning
♦️Police report from a divisional police station within the location
♦️Fire service report from the state fire service
♦️Environmental impact assessment report
♦️DPR (department of Petroleum Resource) approval

✅ Site Cost Analysis, Safety & Construction

The location is very important. It should be chosen properly. And whatever location you choose, you must ensure its assessed professionally. Don’t invest your money in any business blindly. Data is essential to your business success. Get credible and realistic data.

If location determines 75% of an LPG success, you should spend good money to confirm the viability of the location you plan to use. Don’t plan to invest tens of millions of naira without first spending hundreds of thousands just to conduct a location assessment study. Don’t be penny wise, pound foolish.

And if you are going for a loan, it’s important to present a better assessment of your location to your investor or lender.

✅ Setting Up Inside A Petrol Station

If you can’t afford the cost of land you may consider setting up inside an existing Petrol Station. This kind of setup would require an add-on license from DPR. But it’s rare to find a petrol station that may want to lease space to you.

However, it’s not bad to try. It will cut down your cost by over 50 percent. It’s one of the cheapest ways to start a mini LPG plant. The cost of rental is low and the capacity of LPG is also within 2.5 to 5 metric tons.

✅ Cost of Approval Using a Petrol Station

♦️LPG Add-on License – 300,000
♦️Fire Service Certificate – 50,000
♦️Police and EIA – 100,000
♦️Authority to Construct (ATC) – 50,000
♦️Tax Clearance Certificate – 50,000
♦️Tank Data Sheet – 100,000
♦️Sundry – 250,000
♦️Total – 900,000

✅ Setting Up On An Empty Land

Anybody can setup in an empty land. So, you can purchase a land for your LPG plant setup. However, you need to know the DPR land Requirement rules. DPR specification is minimum land size of about 100 by 100 square feet.

You will also require to perform major construction work, like fireproof fencing, security house, dispense area and some office blocks. Not leaving out the tank area. You would require a building plan as well to put this cost into proper perspective.

Avoid assumptions when starting a gas plant, unless you have excess funding that you can always draw from if you got stuck. It’s better to get expert cost analysis done for you to the minutest details.

✅ Cost Of Approval For Empty Land

♦️DPR Approval – 300,000
♦️Police Report – 50,000
♦️Fire Service Certificate – 50,000
♦️Authority to Construct (ATC) – 400,000
♦️Tax Clearance Certificate – 50,000
♦️Tank Data Sheet – 100,000
♦️EIA (Environmental Impact Assessment – 600,000
♦️Sundry – 500,000
♦️Total – 2,000,000

✅ Equipment Planning & Purchase

LPG plant equipment is the main item you should have proper consideration for in all of your plans. This equipment will be the main player in your day to day operation of the gas plant.

A bad equipment could mean many bad working days. So, making sure the best and quality equipment is procured should be utmost importance for you. I will strongly recommend that you go for new and high quality equipment.

Here are basic parts of a gas plant equipment:

♦️Storage tank
♦️Dispenser
♦️Compressor
♦️Leak detector
♦️Fire proof LPG Pump
♦️Automatic shut off valve
♦️LPG motor

✅ What’s The Cost Of LPG Equipment?

I will simply give you some current prices for new equipment for skid plants. Prices changes with time. Your business plan will be able to give you the most recent and applicable price for your plant.

Also, since the prices here are for new and complete skid plants, if you have options of buying items separately, or considering used equipment, or even using local fabrication, you should verify the cost and quality of equipment before making decision.

♦️2.5MT mini plant cost around N6 million
♦️5MT mini plant cost around N13 million
♦️10MT plant cost around N24 million
♦️20MT and above (enquiry for current price)

✅ LPG Supply Partners, Logistics & Costs

To operate a successful LPG plant you will need regular supply of LPG product. While some mega LPG plants may be able to provide their own logistics to pickup gas when ever they require it and deliver to their plant, small plants don’t have such advantage.

You will depend on suppliers to help with regular refill of your plant. While you may start with the company that built your plant to get your initial supply, you should expect new suppliers will either come to you with their offer or you search for suppliers to add to your list.

✅ How Do You Refill Your Plant?

As a newbie in gas business this may seem as a challenge. But it’s not any issue at all. There are gas logistic companies that would deliver to your plant anywhere you are in Nigeria within 48 hours.

The price are also very competitive, due to the deregulated environment of LPG industry. This would also stop logistic companies from trying to sell at outrageous rates to you.

However, you will be charged for cost of transportation to your plant separately. To also ensure you don’t stay without product, you should always place your refill order 48 hours ahead of your need.

✅ Employment Plan & Management

The day to day operation of your gas plant require plant workers. You need to employ some people to help you do most of the work in the plant. If you are going to be personally present to run the plant, then you won’t be needing a plant manager.

But you will need to hire other workers you may require.

♦️Plant manager who will be in charge of all operations at the plant
♦️Cashier to help sell and collect money
♦️Customer attendants to do the Refill to cylinders
♦️Security personnel to help secure the plant at night

Also, it’s best to have an employee handbook to help you know the type of persons to employ, what they should be doing for you, the general workers guidelines, and what kind of training to give them to help improve their efficiency.

A consultant can develop one for you. It will also address management issues and help you understand best ways to manage your gas plant.

✅ Conclusion

The best way to setup a cooking gas plant as a newbie is to hire the services of a consultant. Follow who know road to prevent you from making some avoidable mistakes and also help to save you from unwarranted costs.

It’s better to avoid a costly mistake than trying to fix it with a high cost. While cooking gas plant maybe lucrative, a wrong setup approach may make it a pipe drain for your finances.

And if you need to raise capital through financial institutions, you need to present the best business plan that’s convincing enough to make them give you the amount you want. You can reach me for more consultation through Call/Text/WhatsApp: 07087770518.

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How to Start Travel Agency from Home in 2022

“The world is a book and those who do not travel read only one page.” – Saint Augustine

Do you love all that has to do with travel? Would you like to make a living out of helping other people travel and find new places? The travel agency business calls for you.

What type of business is a travel agency business?

It provides the travel arrangements, transportation, housing and advice on the travel destination to its customers.

✅ Why Start a Travel Agency?

It is not as expensive as many other businesses. In the travel agency business, you can thrive even with a few staff. You also get to travel at a discounted rate to different countries.

So, how profitable is a travel agency?

The earnings annually can range from $50,000 – 100,000 and up to $500,000.

To stand out, you need a niche. An area to specialize in that meets needs and is not choked up with the competition.

The market is however competitive. To stand out from the crowd you need to put work into your branding, marketing and market research. This would help you find out who your target market is and what their desire is.

✅ How to Become a Travel Agent

A travel agent, like every other agency business seeks to provide travel services to its client base. Starting one would require not just your understanding of travel business but how to start a business as well.

?️How do you start a travel agency?
?️What are the requirements for a travel agency?
?️Who are Travel Agency target customers?
?️What would it cost to start a travel agency?

✅ You Need a Business Plan

Having a business plan can increase the chances for your business to happen. It is scientifically proven in fact.

A business plan does not have to be formal, especially if you’re not writing it for a loan. Writing a business plan gives you a goal and helps build a plan, a setting for your business.

It should include the type of travel agency business you wish to have, what your business aims to achieve, management of funds and the business entirely. It is also necessary to influence your acquiring of loans, investors or grants.

You can either be an independent agent working at home for a host travel agency or you can build your travel agency. This would influence how you write your business plan.

If you wish to start a travel agency and require a loan, a formal business plan is required. A lean business planning is simple and can be used for less formal business planning.

It can also be used to begin a formal business plan with the rest of the necessary info included afterwards.

Making a business plan is putting all about your business, profit margin, aim, target market on paper. Putting it out to the world what you want to do and the universe blessing it.

✅ Perform Market Research and Get a Niche

What does the travel market need? Market research helps you to find out the needs of the market and the spaces that need to be filled.

A need that no travel agency has met but is clamored by the public. This brings value to your travel agency business because you would be meeting a real need by real people.

Perform market research to learn about the market, the niches and your potential competition and then figure out your target, the people on the receiving end of your travel agency business and how you would meet their needs.

✅ Build a Brand

Now, that you already know what niche you chose, what you are offering and your target market, the next thing is to build your brand.

?️What do you want your customers to know you for?
?️How do you wish your customers to feel about the services you offer them?
?️What is the core of your travel agency business?
?️Do you wish to give your customers a library with a vast variety of books that pulls them right into the story written and into the lives of the characters while the environment is serene and a waterfall sound plays in the rooms?

This is what distinguishes you from other travel agencies. It is your spice that your own business brings.

This answers the question “what makes your business different?”

✅ Legalities and Business Structure

Do you need licensing? This depends on the country or state where your business is located. Some places don’t require you to have a license while some do. Find out and get one if required.

What business structure would work best for your travel agency business? Sole ownership, a partnership, a limited liability company? This depends on the needs of your company, where the funding comes from and your business plan.

✅ Source of Funding for Your Business

Starting your travel agency business requires low starting costs. You would not need a large space at the start. If you would be working from home, you don’t necessarily need a work office as long as you have a space set aside for work.

The source of funds for your business can be from what you saved up or a grant or loan. This cost is also necessary to cover advertising and branding. There are many more ways to fund your travel agency business.

✅ Location and Employees

If you would be working away from home and getting office space for your business, you need a location.

You may not need employees while just starting.

While a physical location is good, a virtual location, your business website is very important. Your target market is not only those living in the area. They are in other states and countries and while a physical location gives some formality to your agency, your virtual location is important, if not more important.

✅ Market Your Travel Agency Business

What’s your marketing plan? How do you intend to reach the people who your business aims to reach? Your target customers and your niche choice both influence your marketing technique.

Guerrilla marketing techniques and social media marketing are key marketing techniques to help guide your marketing plan.

✅ Build Online Presence

It’s much easier to market travel services online. A well planned online presence can help boost your marketing and attract regular customers to your Agency. Exploring different online channel may open up your Agency to new customer inflow.

Online channels to consider:

?️Building a website
?️Facebook for business
?️WhatsApp for business
?️Instagram page
?️Twitter page
?️Telegram channel

✅ How Much You Require to Start

The cost of starting a travel agency is about $500 on average. It’s an international business. The amount is not fixed. You can also start without capital, depending on your circumstances.

✅ Starting As An Independent Agent

An independent agent is like any other travel agent except that they are more flexible especially with the presence of technology allowing them to work anywhere even while on the move.

✅ Pick a Host Agency or Franchise

A host agency is crucial if you are starting as an independent agent. Host agencies not only provide you with the training you need to be an independent agent, but you also enjoy the benefit of having the support and guidance of experts.

Vital tools needed to perform as an independent travel agent would also be provided which is priceless for someone just starting. It also reduces starting costs.

✅ Challenges of Travel Agency

Creating and maintaining an online presence. Your online presence, your website and its functionality are important to put your services out. Your website should allow for easy booking, questions and recommendations from the customers.

A solution to the problem of not having good online presence is to have a website that is responsive to the customers and is travel inclined. This website should also be search engine optimized for organic audience reach.

✅ Knowing your Customers’ Needs

Since the recipient of your business is your customers, knowing and understanding their needs would make you understand them better and what they expect from you.

The questions they ask, suggestions they make, complaints and feedback would give you insight so make sure to ask for these things.

Meeting customers’ needs according to individual requirements. Feedback and reviews from your customers would give you the insight to know exactly what they need. Also, this would give them a personal and unique experience.

✅ Maintaining your Business Standard

Keep up with the standards you have set off for your business. This would keep your customers coming to you. It’s better to retain your standard than reduce it. Increasing your standard is also a good option.

Let your booking process be straightforward. Your customers should be able to figure out the booking process easier. Make it available and straightforward on your website.

You can have a specific dashboard for the booking process that is easy to locate and with multiple choices for a variety to choose from.

✅ Conclusion

The travel agency business has the marvelous benefits of building interpersonal relationships with its customers, exploring new grounds, adventure and a lot more.

Like Helen Keller said, “Life is either a daring adventure or nothing at all.”

Finally, you must constantly seek to know more about travel agency business.

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Start A Business

Best Guide to Start a Dry Cleaning Business In 2022

Does the dry cleaning business interest you? Have you been looking for a guide on how to start a laundry business? Do you know more Nigerians now patronize dry cleaning businesses than before? If you continue reading you will find out more.

The dry cleaning business is one of the low-risk businesses in Nigeria. It can be run as a side business and does not have to be your main business.

Dry cleaning business is also known as laundry business. To start this business, you need a marketing strategy and a business plan. This is a non-negotiable necessity.

Along with washing, dry cleaning business also involves the ironing and proper folding and packaging of clothes. And goes beyond just cloths to rugs and home furniture’s cleaning.

✅ How Profitable is the Laundry Business in Nigeria?

Although, it will be difficult to give an exact range for dry cleaning business profitability because of certain factors, but you can gauge how profitable it can be for you based on number of clothes you can wash daily and monthly.

Use the following parameters to gauge for yourself. A business plan can equally help you determine that.

?️How many clothes can you possibly wash per day?
?️What’s the cost of washing a cloth in your proposed location?
?️What’s your target market potential?

Forget those claims of figures of profitability. They are simply deceptive and based on speculation. You must know that, no two dry cleaning business can be the same. As these businesses differ, so is their locations, target customers, cost implications and ability to deliver on their promises to target customers.

All these will impact on the business and help determine the profitability for each of the different Dry Cleaning Business, as well as for your own dry cleaning business.

✅ Types Of Dry Cleaning Business

?️Home Dry Cleaning Business
?️Road site dry cleaning business
?️Office Dry Cleaning Business
?️Modern or Machine Dry Cleaning House

✅ Home Laundry Business

The service is targeted at families with lots of washing to do, like washing kids cloths. The service is rendered at the customers home. You may not even need to have your own working tools.

The customer provides you with everything, including bowls, water, detergents, etcetera. Your job is to do the washing and spray them out to dry. You get paid for the washing on the agreed fee. It doesn’t often require ironing. The contract ends once the cloths are washed and sprayed on the drying lines.

✅ Road-Side Laundry Business

Anyone can start it. It doesn’t require so much capital to start. You can even start it right off your backyard. It’s a lot different from home service.

You reach out to potential customers to either bring their cloths to you or usually you pick it up from their homes or office. Then take it with you for washing. This type of dry cleaning can be operated right from any corner or you can also rent a shop as well.

The main difference with other types of laundry business is that you can pick up from customers and you can also deliver to them after washing and ironing.

✅Office Dry Cleaning Business

This one is common and operated out of a small shop. It’s actually a smaller version of the modern laundry house. But a better version of road-side laundry business.

Customers locate and drop off their cloths for laundry services, and pick up after washing and ironing at an agreed date.

This can be operated out of a sole rented shop for dry cleaning or shared shop with other businesses combined. There’s really not much difference with road-side laundry, excerpt for the service operation.

✅ Modern or Machine Dry Cleaning House

A modern or machine dry cleaning house provides the best cleaning services to customers. And it requires the use of modern laundry equipment’s and professionally dry cleaning processes.

The services are top-notch with finished products worth the high cost paid for it. This kind of services are targeted at high net worth customers who want the best laundry services.

The location of this kind of laundry business is key to its success. And to embark on such project you will require to hire a consultant and prepare a perfect laundry business plan with full location assessment study to ensure the feasibility of the location before you invest.

✅ Steps to Start a Laundry Business

Starting a modern dry cleaning business should be done professionally. A well planned laundry business will always do well. These steps can help you process successfully.

✅ Have a Business Plan

Your business plan includes how you plan to run your business. It would help you to know the necessary elements for your business and make sure you follow them because you planned upfront.

A business plan indicates how your business would be managed, your marketing strategies and your cash flow.

It explains the goal of your business, shows investors and grant allocators why they should invest time and money into it.

You need to write one yourself or hire a consultant for as low as $100 to write a simple laundry business plan if you are starting on a small scale. If you hope to start a morgen laundry to target the high end of the market a professional laundry business plan can cost you over $500.

✅ Startup Cost

How much do you need to start a dry cleaning business in Nigeria?

The start-up cost of your business can range from N50,000 to N50,000,000. This price range depends on your vision for a laundry business.

For example, if you already have land or building for your business, your starting cost would drastically reduce. A modern dry cleaning house is more lucrative and cost more to setup.

✅ Location Assessment Is Important

Think about the location of your business. You cannot build your enterprise anywhere. It has to be located in a residential area where people would pass on their way to work and back. So, it should be within easy reach.

Your building should contain your equipment and also portray the future you envision for your business, even if you have not gotten there yet.

The building should have enough space so that people can move freely. This way, it would provide customers with comfort when they can sit and relax.

✅ How to Find a good location:

● Residential areas are a good spot.
● It should have enough space to allow customers to walk in and rest their feet.
● Check for the pros and cons of each location you assess and check your requirements off your list.
● Have a list of necessities your building should have. The one with the most checks on your list, if not all, is the one.
● It should be easily accessible. Your customers would be discouraged if they gave to climb hills and cross valleys before they find your building.
● You should hire a consultant to conduct location assessment for you if you are planning on modern laundry business setup.

✅ Register Your Business

Registering your business with the Corporate Affairs Commission makes your business distinct and exude professionalism. Your name should not be a mouthful. At least, one should be able to hold on to a word from your business name.

Your business should have a website registered with the business name which can be located when it is entered in the search box. Your business name should not be the same as another business so that yours can stand apart.

✅ How to Register your business

Register your business with the corporate affairs commission to make it legit in Nigeria. It makes your business trustworthy and is a starting block to building your customer’s faith in you and your work.

Make connections with other dry cleaning businesses to get information, help and find out if there is another license to get or certificate.

✅ Get The Right Equipment

Quality equipment set a standard for your business. Good quality materials yield good quality service in return.

Some minor equipment’s that are needed for a start:

  1. Washing machine
  2. Generator
  3. Dryer
  4. Hanger
  5. Shelves
  6. Iron
  7. Ironing table
  8. Washing bowls
  9. Packaging materials: bags, nylons.
  10. Laundry soap
  11. Stain remover
  12. Fan
  13. Fragrance
  14. Starch
  15. Chairs

In a case where you do deliveries to doorsteps, a delivery van would be necessary with the business name and logo imprinted on it. It would also increase the charge and therefore increase your profit.

✅ Home Delivery Option

Delivery to homes is a superb way of getting the hearts of customers and making them stay loyal to your business. What is not relieving about one’s clothes getting washed and then delivered to their home?

✅ Dry Cleaning Rate

Costs inputted into the business along with finding out how much others price their services by doing market research would guide you to set the rate for your services.

You may charge at a reduced price in the beginning but not too low that you don’t gain or that people think your business is too good to be true.

Also, make sure you keep accounts. This would clearly reflect whether your business is progressing or not.

✅ Employee Handbook

This depends on whether or not you need help especially in the beginning and if division of labor is required.

Do you need help? Get employees. If your business is small and you can do all yourself, do that too. However, for a modern laundry business you need an employee handbook to help you articulate the kind of employees you need, the educational qualification and your job description for them.

✅ Create a Brand

The standard of your business, what only you offers and what sets your business apart makes up your brand. Learn how to brand your local business.

Your brand is how the public would perceive your business and what your business stands for.

A unique brand would keep your business apart from that of your competitors and make it stand out so that customers see you clearly and recognize you.

Choose cleaning products that would not cause allergic reactions on your customers and would not be harmful to the environment. Choose eco-friendly cleaning products that are more organic.

✅ Marketing: Make it public!

Your marketing strategies would come into play here to get more customers and keep the ones you already have. How do you find your target customers?

A sign in front of your company that says your business name and what you do is an attractant. So also is the social media, flyers, newspapers and quality customer service. Also, have a sign on your building that shows the price of dry cleaning a single shirt.

Good customer service would encourage your customers to spread word of your business.

Also, a delivery service to homes not only brings you profit but also bring customers with comfort. Their clothes are brought to their doorstep and the hustle and bustle of the roads is avoided. Who would not love that?

Welcome your customers with a friendly smile on the faces of your staffs. Give your building a homely feel that would make anyone who enters feel comfortable.

Make sure to call your customers when their clothes are ready for pick up. This would ensure communication and pass on an enviable customer service.

✅ Conclusion

A dry cleaning business or laundry business is one that takes from its customers the stress of washing clothes. It also makes sure that clothes are treated the right way and given the treatment that they need.

I hope you were guided on how to run a successful dry cleaning business.

Well… what are you waiting for? Check business plan samples and formulate a plan for your dry cleaning business or hire a consultant to package one for you quickly.

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Packaged Water Business – Best Startup Guide for 2022

Packaged water business is very lucrative. That’s why there are many water business around now. But you can create a packaged water targeted at certain markets like party and events markets. If you create your water products for specific audience you will win

Water is one of the most vital elements of life. We drink it among a variety of other uses. A majority, about 65% of our body is made up of water. The brain is a vital organ in humans and is also made up of water.

Packaged water production involves the acquiring, purifying and packaging of this vital element called water. It’s a very lucrative business as everyone drinks water five to ten times a day.

Since the advert of satchel water, 90% of Nigerians buy packaged water everyday. It’s one business that can target everybody and every market. Do you wonder how Eva, Nestle, Pax, RevUp waters are being sold all over the country?

The demand for water is high and not many brands understand how to tap into the huge packaged water business. However, in this article I will be showing how to start packaged water now more profitable than existing competitors.

✅ Is Packaged Water Business Profitable?

Packaged water production business is profitable like many businesses. However, it has some challenges like many other businesses. These challenges are not so huge but if not taken care of, they can cost the life of the business.

There is good demand for sachet and bottled water because they are affordable means to get pure water. And since more people are getting concerned about their health, they would seek out pure water to drink.

Because water is in continuous demand, competition would not put you out of business, as long as you have your target.

You need a business plan before starting this business and you need education.

You would need to recruit people for help. An installer for example would install your equipment for you. Get a good one. They would also advise on what other machine you need.

You need to know how to run the equipment by yourself when the installer leaves so stay with them through the process and ask questions.

✅ How Packaged Water Business Works

Water can be packaged in sachets and bottles. The production processes are similar and only differ in the packaging.

?️How to start a packaged water production company in Nigeria
Learn the business
?️Know the authorities over packaged water production, regulations, how the business works and how to handle the business and all that you need to know.
?️Know what you should know. This is a key step if you want to start this business.

Get a Building

You can get a building on lease or build your building. It all depends on your budget. The price varies with location. It would be more expensive than in some areas than some other areas.
It should have a fence to keep out unnecessary traffic within the company.

Business Registration

Do not rush while picking your business name. The idea of a business name might not come easily. Coupled with the fact that there is a great number of businesses already registered in Nigeria.

After getting a unique name, register your business with the CAC – Corporate Affairs Commission.

Business registration does not only make your business secured but also allows you to lawfully own and run your business.

Tax number and NAFDAC registration

You can get your tax identification number from a revenue office so you can hand out your tax when it is due. There is no way around this if you want to be a law-abiding citizen of Nigeria. It may lead to avoidable issues with the government if your business does not have one.

Like every other food item consumed, packaged water must be inspected and approved by NAFDAC. It is important and failure to do this may lead to a company being closed down by the government. Get your company registered under NAFDAC.

✅ Constructing a Water Borehole

A borehole provides you with clean water throughout the year, even during the dry season and at any time you need it.
The price of drilling a borehole largely depends on the soil’s quality and the location.

?️Have an Overhead Tank

To store water, you need an overhead tank. Plastic storage is better than a metal one because a metal tank rusts over time, cutting its life short.

?️Water Purification System

Even if the water looks clean, it must still be treated. The rules guarding packaged water production and distribution are against selling out untreated water.

?️There are 2 kinds of water purification systems:

● Ultraviolet build system
● Reverse osmosis distillation system

The reverse osmosis distillation system is said to be the most effective but is also the most expensive. The Ultraviolet build system also works efficiently and is not as expensive.

Automatic Sealing Machine

The sealing machine you get would increase your rate of production. This is why an automatic one is more recommended than a manual one.

The type and capacity of the automatic sealing machine you get would influence the number of seals that can be done and your overall production. Some can produce as much as 20,000 seals every 8 hours.

Source of Stable Electricity

As light is unstable in many parts of Nigeria, it is wise to have a generator that can power all your machines so that your working time is not hindered. This means that fuel has to be made available to power the generator.

Packaging and Distribution

The way your product is packaged is the first thing consumers would notice and also, the durability of the package. The package can either be polythene sachets as in sachet water or bottles as in bottled water.

The package should show the name of the business boldly with the words well spelt. The packaging should keep the products together and withstand the movements it would face during the distribution process.

Remember, your brand matters a lot, it answers whether or not people would trust you with their health and life.

Quality Checks and Balances

Retain the quality of your water. There should be a system put in place to check that the quality of water does not reduce. This would not only jeopardize your brand but also make you lose the trust of consumers.

Retaining the water’s quality would keep your customers with you, causing your gain to increase, not decrease.

Get feedback from distributors and consumers to find out if there’s something you’re not doing right or if there’s a decline in quality.

Regular Maintenance of Machines

The machines used should be given due maintenance to keep them working at a top-notch rate so that your production is not affected.

Construct Security Fencing

Like I earlier mentioned, the factory building should be sealed by a fence. Also, security guards should be made available to keep the building and equipment safe, preventing loss.

✅ Packaged Water Production Business Plan

A packaged water production business plan is necessary to get you started on all that your business should be about. It is useful if you want to apply for grants or loans from banks.

It should include the following headings: an executive summary, a business description, definition of the market, product description, organization structure, financial management and conclusion.

✅ Packaged Water Regulation

Packaged water production is regulated by NAFDAC in Nigeria. They assess the water you produce and the equipment you use to check if it is safe to be consumed by living, breathing human beings. And animals too.

A NAFDAC number on your products certifies you and gives you the trust of your consumers.

Starting Costs on Small Scale

The following are estimated prices that make up the starting cost:

● Automatic sealing machine – N350,000 – N450,000
● Drilling the borehole – N300,000 – N400,000 (depends on your location and the soil type)
● Truck for distribution – N1,000,000 – N 2,000,000
● Distilling machine – N5,000,000 – N7,000,000
● Generator – the cost depends on the size and model.
● Business registration – varies depending on the kind of business registration.
● Factory building – depends on the location.

✅ Packaged Water Production Process

Water, which is the main raw material involved in packaged water production, goes through the purification processes to ensure that it is clean and pure following NAFDAC approved standards. Afterwards, it passes through the various machines which fill it into bottles or sachets, is sealed and then packaged.

✅ Plan Your Marketing Process

Study the market. Check for how things are done, the prices, the time other pure water factories go around with their packets of water and use it to your advantage. For example, do they sell at N99? Remove N1 from it and sell yours at N98. It may not look like much but when bought in bulk, the difference would show.

Also, take your packets of water around earlier than others. Some water factories drop their products as early as 4 am. Think of different packaging to brand your water and attract certain target markets.

Like a new driver joins a busy road for the first time, so also do. Do not let fear prevent you from infiltrating the market. Do it despite the fear.

✅ Conclusion

Water is life that’s why it sells faster. If you are looking for daily income business, packaged water business is one of them. You can start wisely by producing special packaged water water for hotels, restaurants and events to grow your business from small scale, before targeting a larger consumer market.

Would you like to start your packaged water production company Do you have questions? Let’s have a chat in the comments.

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2022 Sheep Farming Guide For Beginners

Sheep farming business is an enterprise that not only provides meat, milk and fur but also improves the health of its consumers.

Sheep is one of the major sources of meat in Nigeria. Many homes include meat in their foods. This and its many benefits and taste places it in high demand.

Sheep meat is a source of protein, healthy fats, iron, phosphorus, selenium, potassium, vitamin B, vitamin K and many other minerals and vitamins.

Sheep is in high demand in Nigeria. During festive seasons, Muslim festive seasons, in particular, the demand for rams increase on a massive scale. Just some days ago during the Sallah season where the roads were busier because rams were being displayed and sold by the roadsides, the prices of rams went up in this period.

The females, ewes are usually kept for breeding while the male, rams are usually reared to be sold.

Why Start a Sheep Farming Business?

Why should you start a sheep farming business in Nigeria? Sheep stay together in a flock. Sheep rearing is easy and they are easy to manage since they stay together and you do not have to run around chasing stray sheep.

They reach maturation early. Ewes attain maturity at about 6-8 months of age. It takes rams 10-12 months to grow and enter full maturity.

The cost of catering for sheep is not overwhelming. Vaccinations, good feed, clean water, a clean environment and exercise would keep them in good health.

Sheep are resistant to certain diseases. The west African dwarf breed, for example, shows resistance to sleeping sickness.

However, they need to be vaccinated against diseases that affect them. An example is Rinderpest. These vaccines are cheap and do not take up a large part of necessary expenses.

How Much You Require to Start

The amount required to start a sheep farming business should cover the land and housing, sheep, feed, feeding equipment and so on.

It depends on how many sheep you are starting with. And how big you’re starting.

A female sheep costs around N15000-N20000 and a male costs about N20000-N25000.

Starting with 2 ewes and a ram would mean spending 50000 -65000 naira to get the sheep. Housing costs would reduce if you already have land or space that can be converted to a sheep house.

How Much Can You Earn?

The price of sheep in Nigeria ranges from N40000-N80000. The selling price differs with breed and size.

The price can increase during Muslim celebrations, like Sallah for example.

How to Build Sheep House

Sheep cannot stand being wet, therefore, they need shelter, a house that is well ventilated and keeps them from the rain and direct contact with the sun and other elements of nature.

A rectangular house with an open side covered with fencing net to allow for ventilation, keep the sheep together and prevent thieves from entry.

The pen should be 2-3 meters in height with an overhang of about 1 meter at least.

The grazing area where the sheep feed should be fenced to prevent a sheep from wandering away like the biblical lost sheep.

The Best Foods for Sheep

● Grasses
● Hay
● Grains
● Maize chaff
● Concentrates
● Wheat offal
● Haulms (stalks or stems of crops)
● Groundnut cake
● Legumes

Sheep need constant feed and water. There is no measured amount of food that they should have but there is a known need for constant feed and water, clean water which should be made available at all times. The water should be checked and refilled when it is finished or poured out by the sheep.

Profitable Sheep Breeds to Farm

There are four common breeds of sheep for sheep farming business in Nigeria: the Uda, Balami, Yankasa, and the West African dwarf breeds.

Each sheep breed is said to thrive when they are reared in their place of origin or somewhere with similar weather and climate to where they originate from than in a different place. This means that if a sheep originates from Oyo state, it can thrive if it is reared in Osun state.

In addition to the four common sheep breeds found in Nigeria, there is the Sudanese breed which originates from Sudan.

Uda Breed

They have large drooping ears. The rams have large spiral horns which are usually not found in the ewes.

This breed is found predominantly in the Sahel-Sudan vegetation zone and the northwest part of Nigeria. The colour of the coat can be brown or black from its forehead to its midsection while the posterior end is white.

The Uda breed is known to thrive in a hot and dry climate and performs much less in a different climate. It has a good adaptation to grazing extensively.

At maturity, ewes weigh 35-45 kg while rams weigh 45-55 kg.

Balami Breed

Is commonly found in the northeast region of Nigeria. Are tall. Have droopy large ears. They have prominent horns which are usually absent in females. Their tails are long and they are hairy and have a white coat of fur all over, unlike the Uda breed. They have a dewlap skin fold around their neck.

Yankasa Breed

This breed of sheep is typically found in the northern part of Nigeria. They are smaller in size than Uda and Balami breeds. The colour of their coat can be brown, white, or spotted with black or white.

The Yankasa breed has a white coat that has black patches around the ears, eyes, feet and muzzle.

The rams have a hairy mane and horns which are curved. At maturity, ewes weigh 25-40 kg while the rams weigh 35-50 kg.

West African Dwarf Breed

Are much smaller than the other breeds. They are found in the southern part of Nigeria.

The colour of their coat ranges from black, brown, white or white-spotted with brown or black. This breed is said to show resistance to trypanosomiasis– sleeping sickness.

At maturity, ewes weigh about 20-25 kg while rams weigh about 25-30 kg.

Sudanese Breed

These are imported breeds from Sudan. Have short horns and can be without horns, but large and have a large tail. They produce milk in large amounts.

The Best Time for Breeding

Ewes are mature at about 6-8 months of age. Rams enter full maturity at about 10-12 months.

The best time for breeding is when the ram and ewe have both reached maturity.

Sheep have a gestation period that spans approximately 147 days.
The heat period lasts for 17-18 days. They give birth to 1-2 lambs per birth (also called lambing) and are capable of producing 3 young ones but rarely do so.

For optimal breeding performance, it is advised to have sheep and rams in the ratio of 7:1 or 10:1. You can start with a sheep and a ram if you have a lower budget.

To keep them healthy, sheep should be dewormed 3 times a year at least. The sheep should also be vaccinated against the disease called Peste des Petits Ruminants (PPR) every year.

Conclusion

With sheep in high demand, more sheep farmers are summoned for. Would you like to be involved in the lucrative business of rearing sheep in Nigeria?

Let me know in the comments your answer and your questions.

Learn more on how to start a sheep farming business, roll up your sleeves and build your business.

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Easy Steps to Start Honey Bee Farming In 2022

I read this honey bee story with amusement – as told by an unanimous story teller.

When I was much younger, my father, during one of his adventures in an old, dusty store in our apartment, got stung by a honey bee. And his eye was swollen.

My junior brother, almost exploding with the news screamed to our neighbor downstairs, “my daddy is blind”. He was about four years old at the time.

Thankfully, my father did not go blind.

The business of rearing honey bees, honey bee farming, involves the keeping of bees, breeding them, collecting the honey produced and marketing them.

Honey bee farming business is known as apiculture. Asides from honey, honey bees are also kept for other products which include beeswax, venom, royal jelly, pollen and propolis.

First of all, the know-how of the business is very important. Do you have an idea of what a honey bee farm is about? How do you start one?

Why Start Honey Bee Farming?

Beekeeping, among many other agricultural businesses, is a gold well and requires more involvement.

3 reasons why you should start a honey bee farm:

Highly Profitable

In 2018, it was recorded that Nigeria spends about two billion dollars to import honey into the country. It has also been discovered that Nigeria produces about 10% of honey that its citizens consume!

This should answer your question of whether or not bee farming is profitable. There’s around 90% local market supply gap. Your honey bee farm has a large room for growth.

A majority of the honey consumed in Nigeria is imported. And many of them are not actual honey but sugar syrups. Think about that.

Agents of Pollination

If you already have a farm, it’s an added advantage because bees are pollination agents. They would cause a significant increase in your produce and income at the end of the day.

The business flows with the seasons. You need to know the times and seasons if you’ll engage in beekeeping.

Honey bees are more active during flowering seasons before fruits start to form. They are at their peak and this way, they can get enough pollen and nectar and hence produce a maximum amount of honey.

They can however be fed in seasons where food is not abundant.

Productivity

A beehive can produce up to twelve liters of honey in the first year of acquiring it. Consequently, you can get about ten liters of honey after 6-8 months.

A liter of honey can sell for about N1500 or more. Calculate N1500×10× the number of beehives you have and that is your profit from bee farming every 6-8 months.

Imagine you have 100 beehives that’s N1,500 multiplied by 10, which is N15,000. Then multiply N15,000 by 100, and that’s N1,500,000 every 6 to 8 months.

How Much Required to Start Honey Bee Farm

If you are wanting to ask this question: How much does it cost to start a bee farm in Nigeria? I have the answer covered for you in this post as well.

Bee farming can be started with as low as N50,000 and as much as can be. How high the starting cost goes solely depends on how big you want to start.

New tools are better for new bee farmers or beekeepers because they are new. Unlike most second-hand equipment, they have everything intact. You might not notice something missing if you’re not familiar with the equipment so it’s much better.

The starting cost can also be reduced by using locally made equipment, as long as they are of good quality.

A farm site for you bees does not have to be your land, acquired and paid for, especially you don’t have so much. It can be leased or rented from a friend, family member or anyone willing to lease their land.

Or you can partner with someone who has a farm. For safety sake, let this agreement be bound with a legal document or with trusted witnesses at least.

The landowner benefits from the bees’ pollination and you benefit from the space or land and the availability of flowers and food.

Pick Your Bee Niche

You can keep honey bees for several reasons. Many apiculturists keep honey bees just for their honey but there are more products honey bees are capable of producing.

Your bee niche may be to produce beeswax along with honey. Or to harvest royal jelly and honey. You can also decide to rear honey bees for the function of pollinating crops.

Choose the products you want to base your beekeeping business on and build up from there.

How do honey bees produce honey?
Did you know that honey is food for honey bees?

Also, did you know that honey bees have a separate stomach called the honey stomach where they temporarily store nectar?

Honey bees suck out nectar from flowers and store it in their honey stomach. When their stomachs are filled, they return to the beehive where they convert the nectar to honey.

Did you suck out the juice from small red flowers like I did when I was younger? That sweet juice that you tasted is nectar.

The Best Location for Bee Farming

The beehive should allow for sunlight. There should also be a shade to reduce the severity of the sun and to keep the beehive cool.

The beehive should be located amidst trees or some kind of shade to protect the bees from intense winds and sunlight, the forces of nature.

For the bees to find food, the compound with their hive needs to have plants. It doesn’t have to be a flower bed or flowers of fruits alone. Weeds, trees, and other plants are also sources of food since they produce pollen.

Bees must be able to find abundant water and food (pollen and nectar) in the area where the hive is so that they do not have to travel long distances in search of food.

The area should be dry, not moist. It should not be noisy or crowded. Avoid using chemicals like weedicide or insecticide around the area where the beehive is situated.

The opening or door of the beehive should not be in the direction where people would pass. This would prevent a collision between bees and humans and therefore prevent bee stings.

Marketing Plan For Honey Bee Farming Business

A business plan is important to communicate what your business is about and how you want to run it. Contact us to get one at affordable price. Or get the Honey Bee Farming Guide 101 to hive you all the necessary information.

If you want to apply for a loan, you need to have a business plan to show your lender how you plan on using their money, how long it would take and how the profits would stream in.

Your Business plan should include the source of income for your business.

• Will you be getting a loan?
• For consequent costs, how would you find them?
• What would happen if you run at a loss?

Your plan should have this information.

Also, in your plan, you need to input your target market. Who would you supply with your products? How do you reach them and how do you convince them to buy from you? You should identify both local and international markets for your honey.

You should also assess your business for its strengths, weaknesses, available opportunities, and possible threats.
It’s referred to as a SWOT Analysis.

Conclusion

Honey bee farming business is one with great demand and profits. The question of whether or not people would buy is irrelevant because there is a good amount of demand already available on ground and a much less supply in Nigeria.

Do you now have an idea of what starting a honey bee farm business looks like? Do you have unanswered questions? Let me know in the comments.

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2022 Best Guide on Grasscutter Farming

Do you know that grasscutter farming is one of the livestock businesses in Nigeria that require low cost but has big returns on your investment?

Grasscutter meat has risen among other sources of meat and now ranks among the most anted source of meat in Nigeria. This is understandable due to its many benefits and taste. However, there is a larger demand than supply.

Grasscutter farming is the business of breeding grasscutters for their meat and by-products (for example, their faeces for fertilisers).

Grasscutters are also referred to as cane rats. This is because sugarcane is one of their beloved foods. If you are going to be very successful as a grasscutter farmer, farm sugarcane too.

Grasscutters are rodents. They are much larger than common rats and live in bushes. Rats however are found in houses and their surroundings.

Grasscutter meat, among other grasscutter products, is in high demand. It contains a low amount of cholesterol and a high amount of essential nutrients.

Grasscutters are easy to breed. They mature early at about 5-6 months. Their gestation period is about 22 weeks and one female can produce roughly 12 offsprings in a year.

Why Start a Grasscutter Farm?

See some of the reasons to start your own grasscutter farming right at your back yard, without investing in farm lands and costly housing kits.

Health Benefits

Grasscutter meat is found among the class of meat referred to as white meat. It has much-reduced fat and cholesterol levels. It is high in protein.

Grasscutter meat reduces the risks of hypertension by preventing some of the factors which cause it like high cholesterol and obesity.

Another Stream of Income

Grasscutter farming is an agricultural business that is not only profitable but also brings you passive income. You don’t have to do so much work since they do not require much attention.

Ease in Farming Grasscutters

That grasscutters do not need much attention does not mean that you can or should neglect them. They need food and water daily and regular checkups to examine them for signs of sickness and keep them healthy.

They can be left alone by themselves after being provided for so that you can attend your other job if you are not doing it full time.

Low Starting Cost and Risks

You don’t need so much money to start a grasscutter business. It only needs to cover the necessities and then you are good to go. You can even start it at your back yard. Cost of building shelter or cage for grasscutters is minimal. You can construct it yourself if you are technically inclined.

They Are Fruitful and Multiply Early

Grasscutters become mature as they attain 5-6 months of age. Some even mature much early than 5 months and are ripe for breeding. This depends majorly on their breed and how well they are cared for.

It takes approximately 22 weeks for female grasscutters to carry their younglings. This means they can produce grasscutter babies twice in one year. Your breeding target should be calculated by the number of breeders you farm.

Each birth can yield about 5-7 grasscutters which means a single female grasscutter can birth 10-14 grasscutters in one year.

Increased and Increasing Demand

Due to the benefits of grasscutter meat and its recommendations by people in the health sector, the demand for grasscutter meat has risen.

This demand would continue to increase as more people find out about its benefits. You can equally farm grasscutters for your personal needs.

How Much You Require to Start

This depends on the size you’re starting with. Factors that determine the startup cost:

● Getting a mature doe(female) and a buck(male). A mature doe costs about N14,000 and a matured buck is about N12,000.

● The housing – should be such that gives the room enough to move around and nit confide them to static position.

● Feeding, cleaning and other necessary equipment

● Feed

● Checkups by a veterinary doctor

A small scale farm would cost about N50,000-N80,000 to setup. It can cost less if you have the housing or the necessary equipment ready.

Pick Your Grasscutter Farming Method

Commercial grasscutter farming can be performed in two ways:

  1. Deep litter method
  2. Cage method

Deep Litter Method

This involves putting some grasscutters in a house, in a single space.

This can be done efficiently well with a minimal number of grasscutters. The grasscutter house should be spacious to allow the grasscutters to move around freely and have space to themselves.

Cage Method

This method involves keeping grasscutters in cages or hutches. This method keeps a reduced number of grasscutters in each cage. A colony (4 females and 1 male) can occupy a cage or the grasscutters can be separated so that individual grasscutters occupy a cage.

How to Build a Grasscutter House

Housing in grasscutter farming is very important.
It must allow ventilation, light and have enough space for the animals.

The grasscutter cage should also have structures like light bulbs and waterproof covers that can protect the animals from rain and cold.

Building materials should be made of quality materials. Bamboo and wood can be chewed on, so they’re not efficient choice materials.

A grasscutter house is usually and popularly built with metal.

Grasscutters are clean animals. The grasscutter house should be built so that there is a separate space for feeding and a separate one for resting.

To allow for breeding, grasscutters should be kept in a colony. A grasscutter colony has 4 females and 1 male. This method is good since the presence of a male stimulates ovulation in females and the presence of more than one male with a female would provoke fights.

In a situation where a huge grasscutter needs to be moved around, a squeeze cage should be available. It should be about the size of the grasscutter and should not allow much movement.

A squeeze cage facilitates the easy handling of grasscutters of various sizes. The size of the cage should be tailored to fit the size of the grasscutter.

Also, trays for feeding and drinking should be made heavy so that the grasscutters cannot displace them.

The Best Grasscutter Foods

Grasscutters eat sugarcane, legumes, guinea grass, elephant grass, peels of tuber crops(e.g cassava) and outer coverings of fruits like pineapple and mango.

They can also be given concentrate to supply them with more nutrients and balance their diet.

Some concentrates are made of only one ingredient. This would not give the animals all the nutrients they need so it should be rotated with other feeds.

Other concentrates are made from multiple ingredients and can be fed to the grasscutters constantly.

The feed should be placed in the feeding container and not the floor to prevent the grasscutters from stepping on the food and soiling it with their faeces.

You can feed your grasscutters two or three times daily. Feeding the grasscutters should be consistent every day. If you would feed them in the afternoons by 2 pm, keep up with that.

A baby grasscutter depends on the mother for milk. And when it is about 6 weeks old, it is ready to be weaned.

What’s The Best Time to Start Breeding?

You can start anytime. As long as you have the money to start and the necessities are available; food and housing, and others. Another best time is tomorrow. You can start with one male and one female.

Managing Diseases And Environment Conditions

Grasscutters are prone to certain diseases which are described below. These diseases can be prevented by proper care for the grasscutters and by regularly checking them up.

Their surroundings should be kept clean and dry. Leftover food and food that is spilt out of the feeding container should be removed before a new one is placed.

Ecto and Endoparasites

Ticks and fleas are ectoparasites commonly found on grasscutters.

Endoparasites like worms also trouble grasscutters. These worms are attracted to wet areas. Constant deworming of the grasscutters would keep these worms in check.

Pneumonia

Is a common disease that attacks grasscutters. It is caused by Diplococus Pneumonate which is a bacteria. This bacteria is abundant in cold seasons.

Grasscutters should therefore be kept as warm as possible during cold seasons.

Coccidiosis

Coccidiosis is caused by a protozoan. It causes tiredness, appetite loss and diarrhoea in grasscutters.

Staphylococeamia

Is caused by Staphylococcus Aureus which is a bacteria. It causes discharges in the vagina and nose of the grasscutters.

Conclusion

Grasscutter business is another lucrative business that you can own and make yours. Are you going to start your grasscutter business, if yes, do contact us for consultation and guidance. If you have more questions, let me know in the comment.

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How to Start Rabbit Farming Profitably In 2022

Rabbit farming business is a business that has a high booming capacity. Rabbit farming, also called cuniculture, refers to the keeping of rabbits for their meat, fur and byproducts.

A business of rearing rabbits, furry animals such as the one which led Alice down the rabbit hole to Wonderland.

Rabbit farming is the commercial rearing of rabbits, primarily for sales purposes. You can rear a single breed or diverse kinds of breeds.

Rabbit meat is the major reason why Nigerian rabbit farmers breed them. Little attention is placed on their fur.

Rabbit meat is among the meats classified as white meat. As the importance of rabbit farming in Nigeria continues to spread to more people, its high demand would continue to increase.

So, is rabbit farming a profitable business in Nigeria? Yes.

Rabbits are not expensive to breed, unlike some other livestock animals. You don’t spend much on them and you get ample profit.

Why Start a Rabbit Farm Business?

Here are my 6 reasons why you should start a rabbit farm business:

  • They can care for themselves

Of course, you need to provide food for them since they are caged and cannot get food themselves. But rabbits can be left alone after they have been provided for. This characteristic of rabbits allows you to attend to your other job if you are a part-time rabbit keeper.

  • For Their By-products

Did you know that rabbit urine is used as a pesticide and a fertilizer?

Rabbit’s urine contains nitrogen and therefore enriches the soil and crops and due to its pungent smell, it repels insect pests.

  • Doesn’t require a large amount as a start-up

Rabbit farming, like grasscutter farming, is referred to as called micro livestock farming and do not need much startup cost.

  • High Reproduction rate

Rabbits have a gestation of about 31 days after which a female rabbit produces two to twelve younglings. Due to its short gestation period, a female rabbit can produce offspring up to seven times in one year!

  • Benefits to health

As I mentioned earlier, rabbits are a source of white meat which has been known for its health benefits.

It is said to have low-calorie levels, preventing weight gain and hypertension.

  • Early maturation

Rabbits enter the maturity stage at about 5-6 months old. Some farmers however suggest that male rabbits are left to enter their first year before they are bred.

This is said to allow for the production of quality offspring.

How much can you earn from rabbit farming?

The amount you earn from each rabbit largely depends on their age and breed. You can sell a rabbit at the rate of N1500 to about N9000.

How Much You Require to Start

The amount of money you need to start your rabbit farming business depends on 3 major factors:

● The rabbit’s breed
● The number of rabbits you are starting with
● Getting a rabbit house

The cost ranges from N45,000-N100,000 with N100,000 being the highest amount you would have to spend. It can cost more if you want to start on a large scale.

Pick Your Rabbit Farming Method

Rabbits can be reared in a cage method or deep litter method.

Deep Litter Method

● This method is efficient if you will be raising a few rabbits.
● You can keep up to 30 rabbits in one house in the deep litter method. Males should be kept apart from the females till it is time to breed.
● The floor of the house should be made of concrete and should be covered with dry wood shavings or straw.
● There is a higher risk in this method than in the cage method. Make sure to start with a little number, gain experience and see how it goes and then increase their number.

Cage Method

● The animals are reared in a cage in this method. This method of rabbit farming is more efficient for a commercial business.
● You can raise as many rabbits as you want with this method with the animals spaced out in different cages.
● This method allows the rabbits enough space and food in their cage.
● The females and males also need to be separated from each other until it is time for breeding.

Rabbit Farming Business Plan in Nigeria

A business plan is important in planning your business.

If you want to get a loan to start your business, you will have to show the lender something, proof that you know what you are doing and that profit would come from the business so that you can pay them back.

The business plan should describe your business, how it would be funded, expected profit, how the marketing part would go, and all that your business needs and would be about.

There are samples of business plans to guide you in making yours.

How To Build Rabbits’ House

A rabbit house (hutch or cage) should have good ventilation, be protected by a shade and be out of the way of people passing by or noise.

The rabbit house needs a windbreaker, like a tree so that when it gets windy they would be protected from massive amounts of wind. They also need protection from rain during rainy seasons.

You should consider the following when buying or building a rabbit house:

● The size

How many rabbits do you want to start with? This would determine the size of the cage that you get.

● The type

Is the rabbit house outdoor or indoor? This would determine the material that is used to make the cage. If the cage is placed outdoors, a wooden cage would not be efficient. It would get weaker as the rain beats it.

● The material used

A majority of the rabbit houses currently are built with metal, wood and even plastic. Now, as I said earlier, the material used to build the cage depends on the exposure of the cage to the natural elements(sun and rain).

Aside from natural elements determining the type of cage, choose a cage that would not give you issues when you clean. It should be easy to clean.

Many rabbit houses have floors made of wire and a removable pan under them for easy removal of waste.

Rabbits can however develop sore feet (hocks) because they stand and walk on the wire floors all day long.

This can be reduced by covering a part of the floor with something solid, like wood. This wood would be a resting spot for the rabbits and reduce the possibility of them developing sore feet.

The Best Foods for Rabbits

The rate at which a rabbit eats is determined by the breed and of course, the age.

Rabbits eat green vegetables, cucumber, carrots and grass, among others. They can also be fed with remnants of food from your house.

Rabbits need variation in their feed. They need assorted food choices. This would ensure that they get the necessary nutrients that they need for growth and health.

As you add new foods to their diet, give them a small amount of the new food daily and check for how they react to it. When they have adapted to the food you can increase its quantity to the amount that they need.

When you give the rabbits their food make sure to place the flood in their feeder, not on the floor. Since they would be wandering around their cage, they can walk all over their food and ruin it with their faeces.

Remove the unfinished food from the previous feeding when you go to give them more food.

Rabbits eat less than they eat at night. This is majorly caused by the heat of the day. They are more active at night and so they consume more food.

If you would be feeding your rabbits with concentrate along with the other foods, you can give concentrates in the mornings and others in the evenings. Along with the food, they need clean water.

Profitable Rabbits Breeds to Farm

Some of the profitable grasscutter breeds are listed below with what they are reared for.

● Californian: Meat
● Satin: Fur and Meat
● White New Zealand: Fur and meat
● New Zealand: Meat
● Champagne d’Argent: Meat
● American Chinchilla: Fur
● Silver Martens: Fur
● English Spot: Meat and Lab
● Checkered Giants: Fur
● Rex: Fur
● Angora: Fur and Meat

You would not find all these breeds in your area. Choose the best among the ones available to you to start your grasscutter business.

The Best Time to Start Breeding

Cold weather is more favourable for rabbits than hot weather. However, to be able to create more body heat, they need additional food. Their body heat is caught by their fur, allowing them to stay warm.

Hot weather is less bearable for the rabbits. They would require your help to stay cool. Hot weather can result in overheating in the rabbits which can result in tiredness, low productivity, and even death.

Unlike during the cold weather, rabbits reduce their consumption of food but not to the point that they take just little worrying amounts.

Heat can be reduced by giving the animals cool water to drink, taking them out of their cages and underneath a tree’s shade, and placing fans with them.

Conclusion

Rabbit farming is a business you should consider if you want to start an agricultural business.

I hope this article answered your questions. Do you have more questions? Drop it in the comment box.

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How to Start a Dog Breeding Business in Nigeria

Did you know that dog breeding business is one of the most profitable businesses in Nigeria?

Dogs are largely kept as an assurance of security in Nigeria. Aside from this, they’re kept by humans for companionship. The adorable faces, acts and fur of some dogs make them irresistible and craved for by their onlookers.

Dog breeding businesses are highly sought after due to the huge demand for dogs.

And this business can make you rich.

Now, although there’s profit in dog breeding, it must not be the major goal. The health, genetic makeup, and proper care for these animals are highly important.

For every business that booms, you need strategy and you need knowledge.

Why dog breeding business is profitable, how much you can make as a dog breeder, how dog breeding business works, how to start your business, the best dog breeds, among others are outlined in this article.

Let’s dive in.

Why Start a Dog Breeding Business

● You get an opportunity to make a career out of your adoration for dogs.

● You get to provide dogs for families, individuals, for security, cosy hugs, hunting and other differing purposes. You help someone who needs a guard dog get them. Soft, warm and furry companions exist in our homes because of you and people like you.

● You help prevent a species or more from going extinct, preserving their distinct features, characteristics and the purposes they primarily serve.

So, why not?

Who’s Your Target Market?

The target market for dog breeders includes dog lovers, security units, hunters, research institutes, dog trainers.

The targets vary with the breeds; athletic breeds for sports, cute and furry breeds for homes, muscular and fierce breeds for security.

How To Start a Dog Breeding Business

✅Knowledge

● Knowledge of dog breeding: how to cater for dogs; care for puppies, pregnant dogs, sick dogs; recognizing sick dogs and dogs in the heat period.

● Know genetics: this will help you as a breeder in choosing dogs to be paired for breeding. You will also understand their traits and qualities and avoid hereditary disorders in puppies.

● Dog coaching: puppies especially need to be given some basic training to prepare them for their new owner.

● First aid knowledge: just like humans, pets also have accidents and get injured. Knowledge of first aid before the appearance of a vet is very important.

✅Build Relationships

Vets, dog breeders are useful relations that would help you out in this business with their knowledge, tips and experience. Build relationships with them. Get help from them, also, help them when you can.

✅A business Plan

It is never enough to have an idea in your head, especially a business idea.

Write out your business plan. Studies have shown that there’s a greater likelihood for a business idea to morph into a prospering business when there is a business plan.

✅A Business Name

This is what would be used to refer to your dog breeding business by people. Create a name that would stick to the mouths of people like a piece of blown-out chewing gum.

✅A Location

A place where the puppies and dogs would be cared for. The neighbourhood where the kennel would be situated should agree with the noise that would be produced. It should also have enough space for them to roam about and play.

✅Set Up The Business

Acquire the starting or founding dogs- the starters of the breeding business. Make the necessary equipment available.

✅A business Account

This puts your business name upfront. The business account carries the business name and all the money for business goes into it, preventing your money from getting mixed up with that of your business.

It also offers the protection of your assets in a case where your business is sued.

✅Business Accounting

This helps you study the performance of your business. It involves the detailed calculation of income and expenditure for your business.

✅A Business Website

A business website helps put your dog breeding business out. It displays your business as legit and trustworthy and attracts customers to your business.

✅Build Your Brand

What your business stands for is your brand.

The quality and health of the breeds showcase your brand. If the breeds are weak, your brand is affected and people would hesitate to refer you or come back.

A website helps with the brand building too.

✅Dog Exercise

Regular training and exercise for the dogs to keep them active and alert are of great importance . Not doing this would lead to a weak immune system, restlessness, tiredness, among others in the dogs.

✅Regular Checkups

Regular checkups by a vet ensure that the dogs are healthy. You should have a veterinary doctor who you recognize as a vet for your dogs.

✅Marketing

To find customers, relationships built with other dog breeders and vets would come in handy.

Your website, social media and referrals are also ways to market your dogs.

Best Dog Breeds for Business

✅Siberian Husky

They have a lifespan of about 14 years. Siberian Husky breeds are active and have low possibilities of health issues. They are amongst the best selling dogs.

✅Rottweiler

The Rottweiler breed is among the most famous dog breeds. It is playful to the core with familiar people and defensive against strangers. Rottweilers are not susceptible to many diseases.

✅Otterhound

Otterhounds can swim. They have thick fur and a calm appearance. The Otterhound’s coat is waterproof, keeping its body temperature stable while it’s in the water.

✅German Shepherd

This breed of dogs is among easy-to-breed dogs. They are smart and courageous dogs (I’ve read a story where a child was saved by a German Shepherd). They are one of the popularly bred dogs in Nigeria.

✅French Bulldogs

French Bulldogs are adorable, small-sized breeds. They need much care and maintenance.

They are prone to defects like dwarfism and respiratory disorders. These defects can be countered by acquiring healthy starting dogs to produce equally healthy puppies.

✅Tibetan Mastiffs

Tibetan Mastiffs live as long as 16 years and more. They are guard dogs and are extremely intimidating to strangers.

They have a muscular build.

✅Saluki

This breed is one of the swift dog breeds. They would thrive in competitions and hunting. They are also homely dogs for families and individuals.

Best Dog Foods for Breeders

7 best dog foods recommended by Vets:

● Royal canin dog food

● Bavaro

● Josera

● Purina

● Booster

● Taste of the wild

● Arion

Housing Provision For Dogs

● The kennel must be warm and comfortable, a home for the dogs and puppies. There must be absence of fear and discomfort for the dogs.

● Equipment for feeding, warmth, cleaning, disinfecting should be available as well.

● The location of the kennel should also be in close range to vets, pet shops and customers.

How Much Can You Sell Your Dogs

The prices differ with dog breeds, age and sex. After checking in on the cost of feeding among others, study the market before you set your price.

Don’t try to breed after every litter. Give the dog time and space to recover and care for the puppies.

This would allow you to care for each litter sufficiently.

Conclusion

Did this article clear your doubts on whether dog breeding is a good business in Nigeria?

Let me know your answer in the comments.

Don’t forget to share.

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Top 10 Business For Nigerians In Diaspora

If you live outside Nigeria these may interest you so much. Every Nigerian living abroad wants to invest back home. So, I have packaged the best 10 businesses Nigerians in Diaspora can start while living abroad.

Yes, I have carefully looked into how some of these businesses can be done without constant supervision. For those living abroad, you may have experienced how family members or friends squander investment you put them over to manage for you.

So, I’m not going to put you in that situation at all. These businesses are carefully chosen for Nigerians in Diaspora. You can monitor them successfully while still at your based abroad.

How To Start Business As A Nigerian In Diaspora

That you are living abroad doesn’t mean you can’t invest and make extra income in Nigeria. Most of you can’t even return home because you may not be able to finance your trip back to base. But now, I’m showing how you can ensure you live abroad and still make money at home.

The exchange rate is highest in history now. Don’t think it’s ever going to go down. This is your opportunity to earn little abroad and invest better here taking advantage of the high exchange rate.

According to a PWC document, Nigerians in Diaspora would send a total of US$25.5bn, US$29.8bn and US$34.8bn in 2019, 2021 and 2023 respectively. That’s huge money coming back home. And with CBN new policy on forex transaction for Diaspora remittances, you can be sure your money exchange rate is fine.

So, you have the money, it’s time to plan how to invest it securely back home. I’m also going to discourage you from doing investments through family and friends, unless they have experience in investment. Stop giving your money to people who are in financial needs or lack requirement investment experience.

Steps To Create A Diaspora Business

As you plan to invest back home, don’t do it ignorantly. Don’t jump on any offer that looks good. While every business is good enough, there is always secrets how each business works successfully.

Do not neglect the services of experts. Pay good money to get the best guide when starting your business. It’s worth every penny than losing millions in investment. You know the value of using consultants abroad, don’t come back home and be trying to get free information. You are only preparing to invest your money with less professional help. That’s failure in disguise.

I have put together some steps to guide you. Take them seriously, avoid trying to cut corners or do over-sabi.

  • Do Your Research
  • Hire A Consultant to help out
  • Write A Business Plan
  • Plan Your Finances
  • Choose A Business Structure
  • Pick And Register Your Business Name
  • Get Licence And Permits
  • Choose Your Accounting System
  • Setup Your Business Location
  • Get Your Team Ready
  • Promote Your Startup Business

How Nigerians In Diaspora Business Works

I want to assume that you will still live abroad but be operating your business in Nigeria. So, I will devise you that you consider the business ideas carefully and select only what is applicable and suitable for you to do from abroad.

The reason for these Diaspora Business Ideas is to help Nigerians in Diaspora to invest back home in Nigeria without returning to help run or manage the business. The ideas advanced in this article are practically businesses that can be better managed or have the Diaspora investor control important aspect of the business from their base.

Another reason is to get you involved in the daily operation of the business. For example, operating a gas plant may look like something you can’t manage remotely. But being the one to handle the purchase of the gas whenever you need supply helps you control sales as well.

List Of Diaspora Business Ideas

Below is the list of carefully selected businesses you can do as a Nigerian in Diaspora. Make no mistakes, don’t go into any of these business unless you have better information to guide you or hire the services of an expert.

  1. Bitcoin Exchange Business
  2. LPG Gas Plant Refill Business
  3. Built To Rent Real Estate
  4. Build To Sell Rea Estate
  5. Car Wash Business
  6. eCommerce Business
  7. Product Supply Business
  8. Hair Barbing Salon Hub
  9. Fashion Design Business Hub
  10. IT Engineering Business Hub

Bitcoin Exchange Business

Bitcoin is becoming popular in Nigeria now but every transaction is done from sites domicile abroad. Nigerians in Diaspora can tap into this huge potential to provide a trusted exchange for Nigeria on Bitcoin and other virtual currencies.

This business is practically online. That gives you the advantage to operate it from your based abroad.

LPG Gas Plant Refill Business

If you are looking to get into a multimillion naira investment with guaranteed success in Nigeria, here’s one you can do now. Nigeria has huge untapped potential for cooking gas. I have written several articles on the potentials and guide on how to setup profitable cooking gas plant anywhere in Nigeria.

However, I also strongly recommend that hire a gas consultant. Doing business blindly is the cause of most business failures. There are basic principles that must be followed during startup and if you miss those basics the possibility of the business failure could be higher.

Since the business deals with specific volume and measurements, you can control gas supply from your based, while monitoring daily sales lodgments through your online banking.

Built To Rent Real Estate

This one is not new to Nigerians in Diaspora. It’s been done over the years. I’m only going to add a twist to it to adopt it properly for Nigerians in Diaspora best interest. One other thing that I advocating for Nigerians in Diaspora to do when investing in build to rent business is to develop rental spaces that’s irresistible to the target market.

As a Diaspora investor, creating a little rental app could give you the power of your tenancy agreements and renewal dates. That way you can monitor and know exactly when rents are due, whose rent was due, how much are expected and which tenants have defaulted in their payment.

Instead of giving your building to your family members to manage, get a real estate lawyer to manage your buildings.

Build To Sell Real Estate

Still on real estate business that Nigerians in Diaspora can invest into without running risks of family interference and liabilities. You can build to sell properties. You can build apartments to sell. It’s just the usual but having your own special designs.

Car Wash Business

Car wash is a very lucrative business if done well. Although, the challenge is usually managing it properly with people being in control while you are based abroad. But a friend of mine shared with me his secret of running his multiple car wash business.

You don’t even need to return from the Diaspora to run your car wash business. Nobody does that, believe me. I have explained the new management secret for car wash business. It works for anyone whether you live in Nigeria or abroad. You can’t wait to read more about that HERE.

eCommerce Business

The current eCommerce business in Nigeria needs more investors. The Nigerian market is in dire need of quality and trusted products. Nigerians in Diaspora have access to these foreign goods that would sell in Nigeria.

There’s a huge market for demand for quality products. You can create an eCommerce DropShipping store to sell anything from overseas, from diapers, soap, creams, etc. All you need is to offer it in bulk purchase to make the offer what the shipping cost. Then, you arrange local delivery partnership.

If this is done better it will be a huge market for basic foreign goods.

Product Supply Business

This one is similar to the Diaspora eCommerce business. The only difference is that it might not be online based. You just find potential bulk buyers of any quality product abroad and supply it. My cousin brings foreign version of some popular soaps in Nigeria.

As long as people can trust your source that’s it quality and foreign you have a business.

Hair Barbing Salon Hub

Now, let me come back to fully home grown option again. This time, it’s not just an ordinary salon. You are not starting a salon business. You are going to rent big shop in a major location in the city, build a standard salon and rent out either the entire salon or per space or seat, as the case maybe.

You are collecting rent as a landlord, while the head dressers and barbers are your tenants. You don’t have to worry about how many hair done per day. You just calculate rent per day.

Fashion Design Business Hub

This fashion Hub works the same way with salon Hub. It’s just for the fashion designers. You also build a well equipped fashion hub with all the fashion machines required to start a cloth and finish it in the Hub without going outside to get any extra help.

IT Engineering Business Hub

This IT Hub is slightly different but works in similar way with all the other hubs. n IT Hub now is mostly targeted at the highly demand handset market. There’s huge demand for handset repairs.

An IT Hub can have its own service parts store and rent out space to technicians who does the phone repairs. That way, you earn money from the space rent and also from parts sold.

Conclusion

Nigerians in Diaspora has suffered so much loses trying to invest back home. They either fall into the hands of family members or trusted friends, who only aim is to extort money from their Diaspora relatives.

It has helped build discouragement and cold feet among Diaspora Nigerians who would have been a large source of direct foreign investment into Nigeria. Most Nigerians in Diaspora has resorted to waiting till when they are ready to return back to Nigeria to fully setup and manage their businesses themselves.

But, I’m not even the only one who feels Diaspora Nigerians shouldn’t relent in trying to build multiply source of income back home while still living abroad. I have also stumbled on a website (HELPMEWAKA.COM) that helps Nigerians in Diaspora to do anything they want to do back home without using their family members.

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