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How To Start Lucrative Chia Business in 2021

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Chia seeds which is the bedrock of Chia Business are edible seeds grown as food in many countries of the world. Slowly gaining momentum in Africa, chia seeds consumption is presently valued at about 400 million Naira and is projected to be valued at 600 million Naira before the year 2025. Chia seeds are becoming more popular as many people have begun to massively use it as a substitute for meat-based protein.

Meet Chia Seed: The Bedrock of Chia Business

Chia Business centres on the cultivation and marketing of Chia seeds. Chia seeds are of the mint family of lamiusee with dark green, thick and wrangled leaves. Each plant has flowers with two lips containing 13 seeds. Chia seed is mostly consumed by vegetarians who opt for plant-based proteins.

Chia seeds grow in tropical environments requiring a minimum temperature of 11 degrees Celsius and maximum of 36 degrees Celsius to be fully matured. Chia Seed Farming is a lucrative business. If you have the wherewithal to cultivate and market it, you can make tons of money for you within the stipulated business cycle.

Start Lucrative Chia Business

The Market value of Chia Business

Chia business is lucrative to do because it avails the investor the following business opportunities:

1) Can Be Eaten as Food:

Chia seeds can be sold to consumers for food. Chia seeds have a wide range of applications in meals: they can be added to smoothies, yoghurts, parfaits, salads, milkshakes and even cereals.

2) It Can Be Sold For Money:

Chia seeds are very expensive and could go as high as N6000 per bag. Chia seeds can be cultivated and sold for profit.

The Health Benefits of Chia Seeds

Chia seeds sell well because of its health and nutritional benefits. Hence, people buy Chia seeds irrespective of the cost because:

  • Chia seeds help relieve constipation.
  • Contain calcium and manganese which improve bone and oral health.
  • Fights osteoporosis.
  • Chia seeds are excellent sources of protein.
  • They are super healthy proteins as they do not contain cholesterol.
  • Fights insulin and stabilizes blood sugar.
  • They contain anti-oxidants which prevent the production of free radicals – cancer causing agents.
  • They’re gluten free and can be eaten raw.

Steps to start a Lucrative Chia Business in 2021

To proceed to cultivate and market Chia seeds on a commercial scale, please consider the following:

1) Get enough funds:

Chia seeds are expensive to buy. Setting aside an investment for it will pay hugely in the long run. It is important to have a business plan that will enable you access funds from financial institutions. If you don’t want corporate funding for the business, you may consider getting funds from family, friends, and acquaintances. However you source funds, endure that the capital you have is enough to start and run this business successfully.

2) Choose the right soil:

Chia seeds thrive on fertile soils. Hence the land you buy or rent for plating this crop should have sufficient clay and loamy. Avoid malnourished and sandy soils. Instead, choose a soil that can retain a good amount of moisture. Plant your chia seeds in well drained soils.

3) Cultivate the Crops:

Chia seeds require soil preparation by disruption and loosening. After properly tilling the soil, create trenches in a row of 2cm, broadcast the seeds and cover the soil. When you notice weeds, remove them immediately.

4) Harvest:

Chia seeds are harvested after the flowers have fallen off. You have to hand pick and spread them to dry.

Conclusion

Starting lucrative chia business specifically Chia seed business in 2021 has attendant challenges such as high cost of seeds, seemingly complicated nurturing process, crop management, and the challenge of the harvesting of chia seeds by hand.

However, with the right capital and viable farm management practices the business can be done with much success and less stress. Employing excellent marketing strategies can help the business grow into a highly lucrative and profitable enterprise or company.

Chia seed already has a wide market demand, employ the best strategies, sell off your seeds, and make your profits.

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Ekemini Ekpo is a professional writer, blogger, and internet marketer. He is passionate about engineering, business, investment, entrepreneurship, finance, and personal development. When he is not managing web projects, he handles academic research writing and data analysis for individuals and organizations.

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Agriculture

How to Start a Lucrative Cabbage Business in Nigeria.

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Cabbage business is fast becoming one of the most lucrative vegetable businesses in Nigeria because of its popularity as a major ingredient for preparing salads. Salads are majorly served in ceremonies and festive seasons. If you start and effectively manage a lucrative Cabbage business in Nigeria, you could be reaping returns in millions of naira weekly.

In starting a lucrative cabbage business in Nigeria, you must have a farm to cultivate cabbages. Cabbages thrive in a cool and moist environment. The crop is not resistant to drought. This means that you should plant your Cabbage seeds during its favourable season which is the rainy season when the weather is till cool enough for it to sprout and grow to maturity.

In getting your Cabbage seeds to plant, please go for high quality seeds which are resistant to pests and diseases. The hybrid variant cabbage seed is of a high quality and can resist pests and diseases. This is the breed of Cabbage seed you should plant if you desire good returns on your investment.

Steps to Start Cabbage Business in Nigeria and Profit From It

Stage 1: The Pre Planting Stage

It is advisable to plant cabbage seeds in a nursery 4 to 6 weeks before transferring the crop to the main farm. While the seeds are being raised in the nursery, use this time to prepare the farm for planting the crops. This involves weeding, tillage, making of ridges or molds where the Cabbage seedlings will be planted. This is all about the pre-planting stage.

Stage 2: The Planting Stage

To ensure bountiful harvest, it is important to note the following while planting your Cabbage:

1) Dig a hole of about three centimeters deep, insert two seeds and cover the hole.

2) Give a space of 45 centimeters between each plant. The spacing should be done depending on the variety of seedling you are planting.

3) Ensure that the P.H of the soil is between 6.5 and 7.5.

4) Always ensure that your cabbage farm is well-irrigated. Avoid areas prone to drought as much as possible. If there will be drought, make arrangement for alterative water sources with which you will irrigate the farm like a borehole or well. Regularly irrigate (practice drip irrigation) and mulch your farm to provide enough water in the farm for the crop and prevent excessive loss of soil water due to evaporation of water from the soil.

Cabbage Business in Nigeria.

5) During the development stages of your cabbage plant, apply manure regularly to provide your crops with the nutrients needed for their healthy growth. When preparing the soil for planting, it is advisable to be heavy-handed with manure. That is to say you apply sufficient manure to the farmland while preparing it for planting the crop.

6) It’s important to control pests such as maggots, cabbage, and worms n your cabbage farm. For this reason, only use the hybrid variant of the seed which is resistant to plant pests.

Stage 3: The Harvesting Stage

Harvest your cabbage only when they have fully matured to ensure a longer storage (or shelf) life. Depending on when you plant, your cabbage should be fully matured in about 3 to 5 months.

After harvesting your cabbage, you are set to sell the product. Go to the market and sell to the vendors there. You can also sell off to the Hausa stores in your community. Get contacts of restaurants and caterers, healthy juice entrepreneurs and offer to be their vendor.

Conclusion

Cabbage farming is highly lucrative in Nigeria; not many people have ventured into the business when compared to the market demand of the product. Cabbage farming is encouraged because aside it being lucrative, it doesn’t require heavy capital. So, if you want to go into Cabbage business in Nigeria, I really encourage you to do so.

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Agriculture

How To Start Palm Oil Business In Nigeria

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Palm oil business in Nigeria is wide and almost all aspects of it is profitable. Palm oil is extracted from oil palm fruits. It is an edible liquid extract gotten from palm fruits of a palm tree using an extraction process. Palm oil is used for many things and generally, in the Nigeria food industry, Palm oil is commonly used to prepare traditional soups in Nigeria. Almost all tribes in Nigeria consume palm oil which makes it a “must have” agricultural product in every home.

Palm oil is used to prepare almost all the traditional soups that we have in Nigeria like Egusi, efo riro, ugwu soup, bitter leaf soup, edika nkong and so on. The product is highly recommended by nutritionist due to its nutritional benefits; it contains vitamins, minerals and low in cholesterol which is makes it good for the heart. Besides its usefulness in food, Palm oil is used for many other things like the ones listed below.

Other Benefits/Uses of Palm Oil:

  • It is commonly used to prepare soap for bathing and washing.
  • It serves as an antidote for poison.
  • It is used to produce animal diets.
  • It serves as food preservatives.
  • It is used to prepare some local cosmetics.
  • It is used in the treatment of skin allergy, boil, cough, etc.

Palm Oil Business In Nigeria – An Overview

Oil palm business in Nigeria started as far back as 1900 in the Niger delta region of the country. It is regarded as one of the major products besides cocoa for exportation in Nigeria and hence served as a source of foreign exchange until 1999 when there was sudden decrease in oil palm production business in Nigeria. This was due to abandonment of the agriculture industry in Nigeria.

In 2003, an increase in oil palm production business was observed across the country due to a restructuring of the agriculture industry in Nigeria by the then government. This brought back the popularity of oil palm business in the country. In Nigeria, oil palm business is considered lucrative because of its wide both either domestically in homes and in several industries across the country. Till date, a substantial quantity of the product is still being exported from the country to many parts of the world.

How To Start Palm Oil Business In Nigeria

How To Start Palm Oil Business In Nigeria

How To Start Palm Oil Business In Nigeria

Starting palm oil business in Nigeria is quite simple but also tasking. This is because it requires a proper and comprehensive market survey to be done before embarking on the business. This article shares extensively how to start a palm oil business in Nigeria.

Steps Involved In Starting Palm Oil Business In Nigeria

1) Get A Working Business Plan

A good business plan is required for a palm oil business which will include total budget for the business and market survey report. A good market survey is compulsory and important in this business. This involves many things but basically it involved consulting an experienced palm oil entrepreneur to know the ins and outs of the business.

For example, as a potential palm oil entrepreneur, you must know the different types and breeds of palm trees and the quality of palm oil that they produce. Also, it is required that you have an idea of palm oil nursery, nursery practices, and planting practices especially if you wish to go into the oil palm raising business and not just the sales/distribution of palm oil. You must also know the storage practices, palm oil processing, palm oil market trend, prices, competitors, available customers, regulatory bodies and taxes.

You will not be able to know these without adequate market research. So, ensure that you carry out subatsntive market research/survey on palm oil business and document the report in you palm oil business plan.

2) Get The Required Start Up Capital

A startup capital can be sourced from personal savings, cooperative loans, Bank of Industry in Nigeria (BIN), Bank of Agriculture in Nigeria (BoA), and other government empowerment programs.  Feel free to write the banks involved, if your proposal is well structured; it can yield a positive result.

Generally, your startup capital must cover the following cost:

i) A Land (Purchased or rented):

A land will be needed for the oil palm plantation. So, you must get the required capital to get the size of the land you need for this business. Of course, the size of land would depend on the number of palm trees you want to start with, that is if you want to go into oil palm plantation business and not palm oil marketing.

 ii) Palm Tree Seedlings:

Again, you need this if you are not interested in just buying and selling of palm oil but rather oil palm plantation. In this case, you will have to first consult an agriculturist, a crop scientist or an experienced oil palm farmer to give you the best seedlings to plant. This is very important because a technical know-how is required when choosing a seedling for oil palm plantation else you mess the whole business up! It is advisable to start with hybrid palm tree seedlings because they mature faster and produce fruits earlier than the local palm trees. In fact, some species of the hybrid palm trees start fruiting within 3 months of planting.

iii) Get The Machines For Processing:

This includes milling and extracting equipment. Aside from using it to mill and process oil for your business, it can help to generate income for the business. In addition, people can come to mill and extract palm oil using your machine and you will make extra money from this.

iv) Get A Good Water Source:

A good water source is important and this would be either a borehole or well. Yes, if sinking a borehole is costly, you can simply dig a well; it will serve the same purpose as a borehole. Water is used during milling and extraction of palm oil. Again, you need this process if you want to go into oil palm plantation business.

3) Labour:

You will definitely need to hire people to help out during each stage of the oil palm business, from land cultivation to sales of products. You can start with contract staff where they work for a certain period, when needed at different stages and they get paid for the work they do and leave.

4) Products Packaging:

This depends on how you want your product to be packaged either in sealed disposable nylon bags or kegs (different liters). However you choose to package your product, don’t forget to label them properly using your company/business logo and emblems which will include your business name, address and other necessary information. This serves the purpose of identification and marketing.

5) Business Registration:

Any business that wants to be trusted in Nigeria and stand the test of time must be registered, hence, you must register your business. The Cooperate Affairs Commission (CAS) in Nigeria is the body set aside by the government to register businesses, companies, and allied bodies in Nigeria. For you to become a certified business owner in Nigeria, you must register your palm oil business with the CAC. Recently, the processes only take few weeks.

6) Means Of Storage:

Palm oil is generally stored in drums or tight containers. Make sure the place for storage is cool and dry; don’t store where it is exposed to sunlight.

7) Means Of Transportation:

As a startup entrepreneur, you can register with small scale logistics companies and they will help with the delivery of the business. Using them makes delivery to customers safer, and faster and best of all is relatively cheap and reliable.

8) Advertise And Digitalize:

In this era of digital and hybrid advertisements, make yourself available online, post online about your business, speak to people, and display your products online. Also, to make purchases easier, take your digitalization game to another level by using an online payment processor like Paystack, Flutterwave, etc. to receive payments.

You might also consider registering with online listing platforms and e-shopping stores like, JiJi, Jumia, Shopify, Oberlo, and so on to sell your product. This will go a long way in broadcasting your business and bringing a lot of returns in the short and long term.

Peradventure you don’t have enough capital to start an oil palm plantation, which is not a good reason not to start with what you have. It’s simple! Just research and speak to oil palm suppliers closer to you. Buy from them, repackage into more attractive containers and sell.

Conclusively, doing oil palm business in Nigeria is one of the best decisions you will ever make, if well planned. This article will serve as a template for any aspiring/potential oil palm entrepreneur. Remember all businesses require hard work, perseverance, dedication and optimism. In all, I wish you the best of luck!

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Agriculture

Food Business Ideas To Start Now In Nigeria

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Today, I discuss with you five food business ideas that you can implement right now that are not so capital-intensive yet highly profitable. This might be the single guide that you need which can help you to attain financial freedom for the rest of the year going forward.

Food Business Ideas To Start Now In Nigeria

Food Business Ideas To Start Now In Nigeria

With the way things are going in the country presently, trust me, this might be the best time for you to start a business because there’s so much demand for food stuffs right now. Food business ideas are evergreen business ideas because foodstuffs are always in demand whether there is war, pandemic, happiness, sadness, anger, name them people need to eat to survive. If you can find yourself in the niche that has to do with food, trust me you will cash out big time.

(1) Food Production Business (Catfish)

Food production business ideas surround the production, raising, cultivation of foods. Let’s take animal husbandry for example and particularly focus on rearing Catfish. See friend, right now, catfish business is a big deal. A lot of people are now going for white meat especially fishes and Catfish is one of such in-demand source of animal protein these days. That is why so many people rush the product like hot Shawarma.

Sadly, a lot of people feel like they need a lot of capital to start catfish business but that’s not true because you can actually start the business small-scale and expand with the business. You don’t need a plot of land to raise a fish pond or raise hundred or thousand or Catfish for a start. No, you don’t need so much; you can start little with as low as N50, 000, go to the market and buy the fingerlings, buy their feed and feed them at least twice a day. Before you know it, they are fully grown and you sell to people around you. You can get a small space around where you live to raise the fish.

This technique applies to other small-scale agribusinesses be it rabbit, snails or whatever animal that you want to rear. Foodstuffs are now very expensive. So, you should consider raising some locally demanded animal foodstuffs and you will be smiling to the bank in no time.

(2) Food Distribution Business (Sales of Ofada Rice)

Another lucrative food business idea that you can jump on right now is food distribution business and I will use the distribution and sale of Ofada rice business as an example. Ofada rice business is a highly lucrative business but a lot of people don’t know.

So, how do you go about this business? It’s simple! Get a number of farmers who plant this rice and get them to supply to you at a very cheap rates. All you need to do is to repackage or rebrand and sell the product to those who need it. Trust me, the market for Ofada rice business is very huge as a lot of people are turning to locally made rice like Ofada rice following the scarcity and high cost of foreign rice in the country.

This Ofada rice business is a business that is profitable and a lot of people who started this business within the space of three months made a lot of profits from it. You can do this business too. The market is very large and largely unsaturated as of the time of writing this.

(3) Food Making and Sales Business (Restaurant Business, Fast-Food (Franchise) Business, Smoothies Shop)

Have you heard of home kitchen? Yes, home kitchen! Do you know that a lot of people right now are making a serious killing from this business right under your nose? Like the name implies, this has to do with making food at home and selling to people who need it. This can be anything from fries to sharwama.

It doesn’t cost much to do this business; at least you don’t need to get a shop, buy new utensils, hire staff, and pay for utilities. No, you don’t need to bear all that cost. All you need is right there in your kitchen. Use and help your life, financially. This works very well for people who like to cook. So, if you’re looking for one food business idea that you can to blend with your thirst for cooking, this is one thing that you can look into because it is highly lucrative and you’ll do it very well.

Bear in mind that this is just one of the many food making and sales business ideas. You can as well go into full-fletched restaurant business, fast-food (franchise) business, open a fresh fruits and wine shop, etc.

(4) Food Delivery Business (Food dispatch business)

Friend, there is so much money in food delivery business if you know what to do. The thing is that most people think the business is capital intensive. Well, to an extent, yes it could be a bit capital demanding because you’ll need to buy a motorcycle hire a rider to do the delivery for you. But wait how about you do the delivery yourself? That way, you save some money that you’d have paid the dispatch rider to make the delivery for you. Sounds smart right?

To start this business you need about N300, 000 if you don’t have a motorcycle already. But who says you must buy a brand new motorcycle? You can simply buy a fairly-used motorcycle for about half or a quarter of the cost of a new motorcycle and use it for your food delivery business. This will reduce the cost of the business to around N150, 000 if you are going to do the dispatching yourself.

For the execution, all you have to do is to talk to as many food selling outlets like eateries, restaurants, food stores, etc. and intimate them that you can be doing their delivery for them. A good number of them will welcome the idea and that is how you start to position yourself in this business. Sounds cool? Go try it out and see for yourself! Trust me you’ll come back with a lot of thanks for me.

(5) Food Talk Business (Blogging, Vlogging, and/or Writing about Food)

The headline above sounds funny right? Yes, it does but this is what I mean: have you gone online to learn how to make a certain food before, maybe on YouTube, Facebook, Instagram or a blog/website? Do you know that several people make good money blogging, vlogging and/or writing about food, different aspects of food? Yet, they do.

So, if you can’t raise foodstuff, produce and deliver food, distribute or sale food, at least you can talk about food and make a lot of money for yourself doing this. Sounds interesting? Yes, it is and it actually works. All you need now is the willpower to get it done. You have all that’s needed, almost everything you need already – a mobile phone, the internet, data. So, what stops you from taking up this food business idea? Only you can stop yourself right now.

Conclusion

That’s it on the top 5 food business ideas to start now in Nigeria. I have taken my time to explain the ones I know works to you. It is now left to you to choose among or combine these food business ideas and start making good money for yourself. Leave me a comment below if you need further help on this. You can simply say thanks if you don’t have a question(s). That way, I’ll know that this piece made some sense to you.

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