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Top 20 Profitable Business Ideas With Low Startup Capital In Nigeria 2021

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Small Business Idea with low start-up capital

List of Top Small Business Ideas In Nigeria 2021

In today’s topic on top entrepreneur business ideas on Entorm, we will be looking at the hot and trending best small business ideas you can start will little capital and bag millions of profit from.

While the search for jobs keep increasing on a daily basis as the number of jobs keeps decreasing due to the high increase in population and other factors, there is also an increase in the question of ‘what are best small business ideas and what are the best small business ideas one can start in Nigeria to make a living.

We all know that Our Colleges and universities are graduating Tens and Thousands of students annually to compete and fit into just a few available jobs. Because of this, tens of thousands of people are considering starting a home-based business and other profitable business ideas.

On average, home-based businesses are mostly low-cost startup business ideas and good businesses that anyone can start without having to go through the long process of learning and mastering the deeps roots of the business.

People who have been part of the traditional 9-to-5 workforce and are on the verge of retiring from that life are thinking of what to do next. Well, it’s best advised you to Save for your Retirement to avoid long stories in the future.

The good thing about Starting a small profitable business idea today is that it’s almost within the reach of anyone who wants to take a risk and work hard.

So, let’s move ahead with the list of best businesses to start with little money

List of Top 20 Small Business Ideas with Low Startup Capital

  1. Computer Repair as a small business idea

Before starting a computer repair business, Study the main types of computer hardware and software that system users will want–word processing, photo manipulation software, mail merge, spreadsheet, design, and especially security software. Investigate all the components–monitor types in all their varieties; keyboards, from wired to ergonomic to wireless; mouse types; as well as peripheral components like printers and scanners. Become completely familiar with all the ISPs (internet service providers) available in the market area you plan to cover. Establish yourself as the guru who can meet the needs of the personal computer user, the small business or a larger corporation.

Entrepreneur Platform Help & Verdict on this:

You will need Experience, training or licensing, you will also need to have a good communication skill just to keep your customers as well as referrals. Starting a computer repair from your home will gradually push you into getting an office and within a few years’ time, you will become an incorporated company if you play by the rule. You can contact us for the business plan for computer repair now.

  1. Event Planning as a Small Business Idea

Nigeria is becoming more porous and open to event and show business, the love for event programs, shows, and parties is on the increase and as such you can take advantage of this green sign-waving you into the entertainment world. One of the first things you need to do is visit every potential event location with which you plan to work. Work with the marketing manager to tour each site and learn what is available at each location. Start a database that will allow you to sort venues by varying features–the number of people each site holds if there is equipment available on site, will you need to arrange for rental chairs, sound system, etc. Then when you are beginning to plan an event with a client, you can find out what the key parameters are for the event and easily pull up the three or four sites that meet the basic criteria. And engagement parties, etc. Good luck.

Entrepreneur Platform Help & Verdict on this:

This business has expansion possibilities and it can gradually pull you into becoming a popular celebrity in though you are or not full time into the entertainment industry. You don’t really need any professional skill here, all you need to be a good logician and know what people in a particular area want.

Need more and well-detailed guide on this? Order for the business plan by calling our number +2347037281050.

  1. Computer Training as a Small Business Idea

If you are proficient in both Macintosh and PC, you should offer training in both types of computers. You could probably make a living helping seniors learn how to use the internet and e-mail to keep in touch with their loved ones, who are now commonly spread around the country. Err on the side of caution in this business. People do not want to know all the details about what makes a computer work. If you overload them with information from the beginning by explaining bits, bytes, and megapixels, they will stick to their paper and pencil forever.

Entrepreneur Platform Help & Verdict on this:

You need Experience, training or licensing and good teaching skill and has expansion possibilities.

  1. Photography as a Small Business Idea

Even those on Campus can do this business and make huge profits. This makes photography one of the best small business ideas for students as making money as a photographer can be done in a number of different ways. You can specialize in one area, the most common being weddings. There are niches you can explore for photography: portraits of people and their pets, families, and homes; photographs of holiday events, birthday parties or Christmas cards; the possibilities are endless. A standard Cannon or Nikon Camera sales for about $400-$500 (average of 150000).

Entorm Help & Verdict on this:

You will need Experience, training or licensing. Learn the basic and go pro and watch how clients infiltrate from nowhere to you location.

  1. Website Developer as a Small Business Idea

Many courses exist (many of which, logically, are offered online) where you can learn the language of website creation and can learn about the details, like how to set up shopping cart systems, security concerns, etc. You will, of course, need to learn about each company you design for is not a big deal. What is the atmosphere of the company that you need to reflect in the website design–is it wild and contemporary, meaning brilliant colors and fun graphics? Or will more classic colors like black, navy blue and maroon be more appropriate? One thing good about this one is that you can design any type of website now without having the knowledge of any HTML, CSS, PHP, JAVASCRIPT, etc. All you need to is choose a good CMS platform like WordPress, buy a decent hosting plan for your client and themes will be used to make customization and give your client that look they want to see.

Entrepreneur Platform Help & Verdict on this:

You will need Experience, training, and creativity. You will need a PC or Laptop, an Internet-enabled device or Modem, time, and patience.

  1. Dog Breeder as a Small Business Idea

Pets are phenomenally popular in the U.S. but its gradually getting popular too in Nigeria and I suggest you take advantage of this and make you known with this business practice. While many people are willing to adopt from animal shelters, others are looking for a specific breed. Purebred dogs are more popular than ever and can command large sums of money. Guess you know that buying a dog is very costly, if you don’t know, why not take a tour and check out how much Foreign and Local dogs are sold for one. But becoming a dog breeder is serious business catering to savvy consumers with high expectations of their pet purchases. You will need to establish yourself as a conscientious breeder who cares about the health and welfare of the animals you bring into the world.

Entrepreneur Platform Help & Verdict on this:

You need Experience, training, or licensing. Make sure you segregate the security dogs from the domestic ones to avoid the security dogs from biting people.

  1. Business Plan Service as a Small Business Idea

Take your time to make market research and get the feasibility studies for different business practices. Offer a soup-to-nuts business plan, including market research, the business plan narrative and the financial statements. Plan your fee around the main one that the client will want and offer the others as add-on services. You can give clients an electronic file and allow them to take it from there, or you can keep the business plan on file and offer the service of tweaking it whenever necessary. Have business plan samples to show clients–and make sure to include your own!

Entrepreneur Platform Help & Verdict on this:

It has expansion possibilities and be ready to receive calls from people from different places that you don’t know. Because we also offer this business plan writing services, you could see we have our phone number in this article, asking you to call us if you need our Business Plan.

  1. Interior Decoration as a Small Business Idea

Interior decoration is one of the good and profitable small Businesses with low start-up capital that can propel you into a multi-million Naira entrepreneur if you can get and become very creative with the works of your hands. Market your talents to building contractors. People purchasing new homes can often be overwhelmed with the choices and possibilities in home decorating. Design some questionnaires for each major element and each major room in the house. Find out how the homeowner will use the home–are there children? Pets? Does the woman in the house wear high heels? Do the home’s residents neglect to remove shoes? How will each room be used? Where might task lighting and ambient lighting be most appropriate?

Entrepreneur Platform Help & Verdict on this:

Experience, training, or licensing and helping hands may be needed here. Get up and take a walk and do a market research and marketing yourself and make your money. Don’t forget to come back to here for my own share of the money once it starts coming. Hahaha.

Want a full report on the feasibility study or the business plan for interior decoration? Kindly contact us or call +2347037281050

  1. Jewelry Making as a Small Business Idea

Being Business start-ups with low start-up capital, Jewelry making/production can be a bit Capital intensive if you want to produce as a brand designer but you can start with a very little capital from the comfort of your room, all you have to do is to be very creative with your hand works and keep learning the new trends. There are many different ways of getting into the jewelry business and many different types of materials with which you can work. Working in metal will probably require the most in the way of specific tools. You need to be able to heat the metal to manipulate it, and you need metalworking tools to cut and engrave it. But there are many other materials that you can work with to make jewelry–glass, plastic, beads, feathers, even wood, to name just a few.

Entrepreneur Platform & Verdict on this

Experience, training or licensing, helping hands, and creativity may be needed. As said earlier on, be very creative and your market will grow drastically.

10. Property Management as a Small Business Idea

No wonder why Lawyers are all over this business, but I tell you; you don’t need to be a Barrister in order to go into this business. Your job, in the case of rental units, will be to make sure the property is running smoothly. For seasonal properties, you will most likely spend your management time making sure the property is ready for seasonal visits and well-maintained when no one is around.

If the owners go away for six weeks in the winter, the property manager makes regular checks on the property. You will be the contact number if the security system operator needs to contact someone about a breach of security.

  1. Wedding Planner as a Small Business Idea in Nigeria

Wedding programs are organized every weekend and as such probably don’t have to miss out on this opportunity. You will need to be up-to-date on wedding trends and fads, dress styles, color trends–almost everything under the sun! Offer your customers an ala carte menu of services, from helping pick flowers, the wedding gown and bridesmaid dresses to picking the venue and hiring the caterer.

Before you open your business, shop at all the wedding shops, and even pretend you are a bride-to-be to see what kinds of services the wedding gown shop provides and how they treat potential customers. You need to know every detail of the business to give the accurate impression that you are the go-to person for anyone planning a wedding.

  1. Cleaning Service as a Small Business Idea

Please ooo, don’t be shy here. Because it’s a money-making machine. it’s a Business startup with low start-up capital in the sense that there are many directions you can take this business. If you want to work during hours when no one else does, you can focus on office clients.

You can focus on retail businesses and keep your customers clumped into one or two blocks. Restaurants are in great need of daily thorough cleaning and can be a great source of steady clients. Perhaps you would be more interested in house cleaning. Many times with cleaning services you don’t have to spend lots of money on advertising or marketing because your customers will come by word of mouth.

People are building companies by starting a home Cleaning service business, there is no reason you can’t try this.

  1. Freelance Graphic Designer as a Small Business Idea

This? I know it too well. I’ve been a freelance graphics designer since 2013 and I must tell you it really paying well only if you give and spend quality time to becoming a better and creative designer.

Despite the proliferation of the internet, print media is here to stay for the foreseeable future! Fliers, newsletters, magazines, information sheets, letters, and advertisements are just a few of the types of print media that businesses hire freelancers to create for them.

Websites and online advertising need graphic design services as well. Even if your expertise is only in design, offer the works for potential clients, including the editorial creation and the printing and even mailing of the final piece. You can line up regular freelancers for those parts of the job you can’t do.

Entrepreneur Platform Help & Verdict on this

You will be needing Experience, training, and creative concept her

  1. Hairstylist as a Small Business Idea 2020

Hair-styling is one of the Business start-ups with low start-up capital that you can do today that have the power to gradually make you a millionaire. Hair-styling is a popular business that can be quite lucrative. Generally, a home-based hairstylist business is likely to be started by someone who has already had a cosmetology career and wants a change. If you already have your cosmetology training and license, and loads of experience under your belt working in a hair-styling salon, you probably have a following that will follow you right home without any hesitation.

Entrepreneur Platform Help & Verdict on this

Experience, training, creativity and good customer management may be needed. This business can be started as a freelancer if you don’t have a dime to rent an office. Meanwhile Setting up a small hairdressing saloon will not cost you more than 100,000 and 800,000 for a big saloon.

  1. Herbal Farm Stand as a Small Business Idea

the rate at which herbal products are increasing in its market demand is seriously calling for the attention of the entrepreneurs. Likes of GOKO cleanser, Osa Herbal Mixture, Dr. Aladin, etc. you need to decide whether you will sell your herbs as live plants, picked or cut in bunches, and packed, or dried. If you plan to market to cooks instead of gardeners, you will want to sell your herbs either fresh cut and packed in sealed bags, or dried and sold in baggies. You can also consider a “pick-your-own” arrangement; however, be aware that herbs are more delicate than most P.Y.O products. You may save your garden a lot of strife and your plants a lot of wear and tear if you do the picking.

  1. Body Spa And Massage Therapist as a Small Business Idea 2019

You will want to become certified in massage therapy to be able to effectively market your services. Courses that lead to certification include not only information on human anatomy and physiology and the effects that massage has on both, but also on how to make a business out of the field of massage.

Entrepreneur Platform Help & Verdict on this

You will be needing Experience and the act of professionalism. For a start, you need to have a conducive environment that must be in an environment of the rich who can pay for such services. Maybe as your business grows, you can include an aging park home for the aged people. Those in the European countries are already doing it and its generation thousands of dollars for them monthly.

Must Read: Don’t have money for your Business? Here are ways to raise the money.

  1. Music Lessons

Using Nigeria as a point of contact, in a number of 100 young guys, 10-30 are musicians. That is to tell you that Nigeria is really blessed with the market and has the resources it takes to make a good living producing and teaching people how to go about the music and music career. You want to stick to the instrument(s) you know, but you may be a skilled enough musician to offer lessons on several different instruments, or those in a particular class, e.g., strung or woodwind, Drumming, Piano, etc. You can decide to take on individuals or classes, depending on space and availability of instruments. Public schools are continually reducing their commitment to art and music classes for students, so you can try to work with the public school system to supplement their efforts in those areas. guess you didn’t know this business is among the Business start-ups with low start-up capital? now you know

Entrepreneur Platform Help & Verdict on this

Experience, training, and good teaching skills may be needed. Don’t forget to help the people you are coaching as it will help boost your demand once they turn into celebrities.

  1. Editorial Services as a Small Business Idea

Here are some of the editorial services you can provide from the comfort of your own home:

Copy editing. This is where fact checking takes place, and where grammatical, stylistic, and typographical errors are caught.

Proofreading. This is the last stop for a “finished” piece. The proofreader makes sure the copy editing changes have been properly made and no new errors are created in the process.

Indexing. There are indexing courses available and you can get indexing software.

Developmental editing. A developmental editor works with a manuscript on big-picture things like organization and content issues.

Book doctoring. This is an editorial service provided for manuscripts written by experts. They create a manuscript as best they can and then a book doctor puts it into publishable shape.

Ghost Writing. As a ghostwriter you actually do the research and write the book and someone Else’s name is attached as the author.

Copywriting Also known as business writing is writing that promotes a product or a service.

Book writing. Do you have expertise in something professional, such as accounting or interior decorating? Or personally, like knitting? Why not write a book about it?

Magazine article writing. Magazines and newspapers are a great way to get your writing published before tackling the daunting task of writing a whole book.

Web page content provider. Providing content for a web site is a good way to make some money writing.

Entrepreneur Platform Help & Verdict on this

This Business Has expansion possibilities and you really need to sit down and work.

  1. Car Wash as a Small Business Idea 2019

This business is good if you can set it up in a strategic location in a big town and cities where there are a good number of cars. It can at the same time be done both as a small enterprise and as a big enterprise. A car is being washed at the price of 500-1500 depending.

  1. Christmas Tree Sales as a Small Business Idea

I guess Christmas is fast approaching and this business is becoming a hot cake. It’s a seasonal business with high returns. If you want to start a Christmas tree farm, you need to plan ahead. It takes approximately seven years for a Balsam fir–perhaps the most traditional Christmas tree–to grow from a small sapling to a 5- to 6-foot tree. Selling your trees yourself is the best option. Consumers come to the property, pick the one they want, and you harvest it for them. The other option is to buy your trees from a wholesaler and sell them either in your yard or in a vacant lot that you rent from Thanksgiving to Christmas. If you like this business but you don’t have time for it, why not go for the artificial ones that are even more available in the Nigerian market.

How do you like this work on 20 Business start-ups with low start-up capital and its strength and how to go about it? Share on all the social networks and don’t forget to drop your comments below.

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Hope this article helps you find the next small business ideas that will help you make your next million-dollar move is well innovated.

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Basic Steps And Requirements For Starting A Dredging Business In Nigeria

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Dredging has to do with the mechanical excavation of sand, gravel, mud and other substances from the bottom of a water body such as a river, stream, creek, lagoon etc. to do that, you need a vessel known as a dredger.

The need for more buildings and other physical structures has made the market for dredging in Nigeria to become a much sought-after one. Of course, there will always be the need to build or construct. So, dredging never dies.

Aside from the construction of new buildings or roads, etc., dredging products such as sand, gravel, rocks, and pebbles are also used to reclaim swampy areas and for the production of construction materials.

Basic Steps And Requirements For Starting A Dredging Business In Nigeria

Basic Steps And Requirements For Starting A Dredging Business In Nigeria

How Does Dredging Work?

Some dredgers are water-powered, and these cuts and sucks up the dredged material, like sand, from the bottom of the waterway by a method which involves a stepping stool that is mounted on the cutter head passing the material via a suction pipe and this sucked via a suction pump via a drifting pipeline up to the shore. When it arrives on the shore, at the dump, is it moved using tipper to the sub-dump where it is piled up, ready for sale or use.

Opportunities Available in dredging commercial enterprise

There are plenty options in the dredging business. Let’s look at some of them below:

1) Dredging:

  1. Channelization of river
  2. Fabrication of dredger
  3. Managing the dredge team
  4. Reclamation and urban renewal
  5. Safety of a dredger
  6. Stockpiles and profits

2) Supply of sand to numerous locations

3) Sand search

4) Environmental impact assessment

5) Hydrographic survey

6) Leasing of dredging workplace tools such as:

  1. Dredger
  2. Excavator
  3. Low bed
  4. Payloader
  5. Swamp buggy

Basics Steps To Starting Dredging Business In Nigeria

Among the many uses of dredging, its use for the building of houses seems to be the most outstanding. Housing, of course, is one of the most basic needs of man. He can’t just do without it, just like food and clothing. Before the advent of the present technologies in building construction, man has always experimented with several materials to meet his housing needs. This ranges from mud, sand and rock, all in an effort to withstand the elements. With time, however, in a bid to get the much-needed solidness and strength for buildings, other materials have been introduced to building technology such as steel and glass.

Given the alarming shortage of residential and commercial buildings in the country, therefore, there has been much interest in the sand dredging industry in Nigeria, all in a bid to cater for the housing needs of Nigerians. Sand dredging is vital to keep the pace with building of homes and offices as well as industrial layouts in all over the country. Therefore, going into it is a great way to earn a decent income.

Kinds Of Dredgers To Buy

Two popular kinds of dredgers are available in the market. They include

  1. The discontinuous
  2. The persistent

The discontinuous dredger burrows and excavates the heap while the persistent dredger burrows consistently, raising and also transporting the dredged materials at the same time.

Types Of Dredgers To Go For

If you wish to buy dredger in Nigeria, go for the types manufactured by IHC as well as ELLICOT. There are more solid, sturdy and durable, although a bit expensive. China-made dredgers are not very strong, although less expensive.

Types Of Dredging Businesses To Do

There is hardly a part of Nigeria where dredging business does not thrive. However, the riverine areas have more market for the business. however, dredging business in Nigeria may be dissected into the following parts or classification systems:

  1. Class A —Dredging Firms only
  2. Class B — for Only Dredging and sand dealer as well as;
  3. Class C – Manual dredgers as alone

Class A – Dredging Firms Only

  1. Application for dredging routed to the Honorable Commissioner Ministry of Waterfront Infrastructure Development.
  2. Installment of the use charge of N50,000 [fifty thousand Naira only] Provides point by point depiction of proposed dredging area.
  3. Provision of the Environmental Impact Analysis Report.
  4. Provide Hydrographic review.
  5. Bathymetric review of the proposed area.
  6. Duplicates of current duty freedom authentication.
  7. An endorsement will be liable to the installment of the accompanying charges:

(an) (i) Payment of the total of N1,000,000.00 (One million Naira) per annum.

(ii) Proof of Ownership or Access to Portable Barges

(b) (i) Payment of the total of N750,000.00 (Seven Hundred and fifty thousand Naira) per annum

(c) (i) Payment of the entirety of N500,000.00 (Five Hundred Thousand Naira) per annum.

Classification B – Dredging/Sand Sellers Only

  1. Application for dredging routed to the Honorable Commissioner, Ministry of Waterfront Infrastructure Development.
  2. Installment of utilization expense of N50,000.00 [Bank Draft] Provide point by point portrayal of proposed dredging area.
  3. Provide the Environmental Impact Analysis report.
  4. Provide hydrographic study.
  5. Bathymetric study of the proposed area.
  6. Duplicates of current expense leeway authentication.
  7. An endorsement will be liable to the installment of the aggregate of the accompanying expenses.

(i) installment of the entirety of N1, 000,000.00[One million Naira].

(ii) Proof of possession or access to convenient freight boats

(b) Payment of the entirety of N750,000:00 (Seven Hundred and fifty thousand Naira) per annum.

(c) Payment of the entirety of N500,000:00 (Five Hundred Thousand Naira) per annum.

Classification C – Manual dredgers as it were

  1. Application for dredging routed to the Honorable Commissioner, Ministry of Waterfront Infrastructure Development.
  2. Installment of utilization expense of N50,000.00 [Bank Draft] Provide point by point portrayal of proposed dredging area.
  3. Verification of responsibility for Edge review and Ecological Impact Analysis (EIA).
  4. Provide an account of dredging procedure to be embraced.

The endorsement will be subjected to the installment of the accompanying expenses:

(i) Payment of the total of N200, 000:00 (Two Hundred Thousand Naira) per annum.

(ii) Proof of access to Portable Barges.

(iii) Payment of the total of N100, 000:00 [One Hundred Thousand Naira) per annum.

(c) Payment of the total of N50, 000:00 (Fifty Thousand Naira) per annum.

 

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20 Lucrative Small Businesses In Nigeria You Can Start Now

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Small businesses have always existed in Nigeria and are commonly operated in the streets. These businesses have catered to the immediate needs of many as they are easily accessible, hence the increase in the number of small business owners in the country. For many who are having a hard time deciding which to invest in, the list below will be of great help.

20 Lucrative Small Businesses In Nigeria You Can Start Now

20 Lucrative Small Businesses In Nigeria You Can Start Now

1.      POULTRY FARMING:

In Nigeria today, the amount of protein consumed daily is unimaginable, this makes poultry farming a very profitable business to invest in.  Poultry products like eggs, birds are consumed on a daily basis in homes, restaurant businesses etc. Therefore, investing in this business has a good margin for profitability and the best part is that you can start small.

2.      FISH FARMING:

For fish farming, you will need to equip yourself with the right information on how to properly build a fish farm so as to avoid losses. Types of equipment needed are fish ponds, a good supply of water and good drainage system before you proceed to get your fingerlings which will be nursed into the mature fish.

3.      SNAIL REARING:

Snail rearing is another business you can venture into. It requires less capital and snails reproduce at a fast rate. Snails can be reared in homes as they do not smell and are also in high demand in Nigeria.

4.      CROP FARMING:

There are many things that can be done with an unused land and one of them is crop farming. This can be done either on a small scale or on a commercial scale. The population in Nigeria makes farming a profitable investment. Rice, Cassava, yams, maize and vegetables are examples of crops that can be planted because they are in constant demand.

5.      RESTAURANTS:

Restaurants will continue to exist since not everyone can afford to patronize fast foods. As food is an essential for everyone, this business has a tendency to thrive. Bearing in mind that it is accompanied by its own unique stress but with good hands, this can be managed.

6.      CATERING:

Catering is also centered on food. Caterers exist because not everyone has the time to prepare meals for their events. This business is usually done on a contract basis and when handled with professionalism promises lifetime customers irrespective of how much you charge.

7.      CAR WASH:

The basic needs of this business are a very accessible location, a good supply of water, car washing equipment and a good support team.

8.     LAUNDRY SERVICES:

To run my service, you will need a reliable source of electricity supply and other equipment like a washing machine, dryer and pressing irons.

The ability to satisfy your clients will determine how much profits you can turn in.

9.      SOAP MAKING:

Just like food, soap is also in high demand in homes, offices, etc. Get the right knowledge, equipment, excellent packaging and strategic marketing, and you are all set.

10. HAIR AND BEAUTY SALONS:

As long as there are people, there will be salons. Everyone desires to look good and this boost the hair and beauty business. Acquire the skill, set up your shop and let people know about your business.

11. TAILORING AND FASHION DESIGN:

Fashion design requires skill and creativity. You can start small and build your brand with time. Build good relationships with your clients, offer quality service and this can earn you referrals as well as return customers.

12. SALE OF SECOND ITEMS:

Majority of the population in Nigeria buy second-hand clothes, shoes, curtains,  bed sheets etc. which makes this business a very profitable one. You can start with a bale and expand with time.

13. EVENT PLANNING:

Every event requires a planner either professionally or not. Event planners help ease the stress on the client by coordinating events from start to finish. With the right information, software and expertise you can build a good reputation as an event planner.

14. SALE OF ICE BLOCKS:

For areas where the power supply is low, ice block business is a good source of income. Ice blocks are needed on a daily basis by sellers of drinks.

15. TUTORING:

With the current emphasis on vocational training, Parents are in need of tutors to coach their children in subjects and arts like acting, dancing, singing and creative writing. This is an opportunity for everyone with these skills to earn money while instilling knowledge.

16. PARTY EQUIPMENT RENTALS:

This business is capital intensive as you will need to acquire the materials like canopies, chairs, drums etc. This business can be run from the comfort of your home.

17. SUPPLYING AND SALE OF FIREWOOD:

On a daily basis, firewood is used in Nigeria, either by caterers, restaurant business owners etc. Starting a firewood supply business can yield you good profits.

18. SNACKS AND COCKTAILS:

Little drops they say makes a mighty ocean, you can make snacks like puff-puff, bread, cake, meat pie etc. with drinks like zobo and pineapple drink for sale in areas like schools, offices etc. and earn some money daily.

19. OFFICE SUPPLIES:

For workers who are unable to shop for their office needs, you can be the middleman bringing their needs to their doorstep at fair prices.

20. WEBSITE DESIGNING:

Many businesses are moving with the tide and going digital which has led to a demand for web designers. You can acquire the skill and source for clients in need of this service. The internet is a good place to start.

Welcome on board to entrepreneur.ng

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20 Hot Tips to Get More Customers To Patronize Your Business

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If truly you need more client or customers then se this article to get our 20 Hot Tips to Get More Customers To Patronize Your Business. Just as it applies in the normal human scenario and in natural settings in general, it is only realistic for business to experience significant growth over a given period of time. Any business that does not grow is stagnant and in no distant date nor time, will see the exit door. Growth is essential for every business enterprise to thrive. There are variety of ways to achieve growth in a business and these are outlined below

Getting more customers to patronize your business has never been an easy task. But with the right tools, procedures and tips, you can achieve this in a very easy way. Of course, patronage is the life wire of any business, and in order to make any significant profit or remain in the business, the need for more patronage from a large pool of customers cannot be overemphasized.

For any business to remain significant and pull-in the much-needed revenue, it is necessary to get more people, especially new clients to patronize the business. To achieve this, therefore, it is necessary to know the cardinal steps to take in realizing continuous patronage.

In this discussion, therefore, I will be looking at about 20 hot tips which you can deploy to help you get more clients/customers to patronize your business and grow it within a very short time.

20 Hot Tips to Get More Customers To Patronize Your Business

20 Hot Tips to Get More Customers To Patronize Your Business

1.      Hire the Best Staff for Your Business

To grow your business you need the right team with good workable ideas on how to help grow your business. You should hire capable hands who can manage your resources effectively to get customers.

2.      Treat Your Staff Well

It is not enough to hire good staff, always seek out ways to reward, inspire and encourage them with incentives like cash, holidays, promotion, job enlargement, transfer to other departments, training, International travel, etc. This way you are certain that they will render good service to your customers.

3.      Chose a Good Business Location

A good business location guarantees easy access to customers. The location will either give your customers a positive or negative experience. Also, take note of the facilities available for your customers’ convenience.

4.      Close Substitutes for Products or Services

As much as possible try to have everything your customers need in your business, customers love the idea of a one-stop business where they can get the options for things they want.

5.      Quality Products and Discounts

Customers want good value for their money. Give customers excellent products at good prices and discounts and they will revisit your business daily.

6.      Identify Your Customers

All businesses have a specific niche they target. They do not serve everybody, you can grow your customer base by reaching out to your target audience, identify their needs and develop ways to better serve them.

7.      Good Management

A good management team helps to develop innovative ways to attract new customers while keeping old customers satisfied.

8.      Capitalize On Your Strength

Every business has a unique selling point, determine yours and capitalize on it. Market your strengths.

9.      Exceptional Customer Service

Good customer service is needed for any business to grow. Even if your products are top quality, with bad customer service you can perform below-expected results. Get feedback from customers and develop ways to serve them better.

10. Do After Sales Enquiry

Develop a strategy to get feedback from your customers to know or rate their satisfaction level of your product or service. You can contact customers personally to show how much you care.

11. Reward

Customers like to feel appreciated for their loyalty to your brand. You can organize a get-together, an award ceremony or an end of year party to show appreciation to these customers. Ensure you praise them and ask for referrals.

12.

Marketing Campaign

Networking with Industry Influencers

Networking is also a necessity to grow your business, connect with big game players in the industry. That way you can build relationships with them which will foster recommendations for your business.

13. Diversify

The variety they say is the spice of life. Diversity gives your customers the impression that they have choices to choose from when they patronize you.

14. Ask Customers to refer Clients to You.

Referrals are necessary for a startup to grow. Therefore, you can ask satisfied customers to refer clients to you.

15. Marketing Campaign

Marketing Campaigns can be used to create awareness if your brand in the minds of customers. You can do this on your business website using digital marketing strategies.

16. Social Media

Take advantage of social media to advertise your business, use bulk SMS, YouTube videos, Podcasts, Google AdWords, etc to connect with customers. You can also launch a marketing campaign using digital media.

17. Buy Smaller Companies

As your business grows and becomes more profitable, you can seize opportunities to acquire smaller companies in the same sectors as you. That way you can expand your customer base.

18. Technology

In Nigeria, technology has become an essential part of every business. Technology can be used to effectively produce and manage large orders for your products or services.

19. Use Freebies and Incentives:

Freebies have always worked as a powerful marketing tool to attract customers to your business.

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