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How To Write A Business Plan In Nigeria: Your Free Samples And Templates

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Write a business plan

How To Write A Business Plan In Nigeria: Your Free Samples And Templates

Write a business plan

You can learn to write a business plan in Nigeria, provided the guide comes from a “quality” source. Knowing where to start from is often the primary challenge when it comes to writing a business plan in Nigeria. This is one of the things that most business owners and entrepreneurs don’t always get right. In this article, you will learn essential tips on how to write a business plan step by step. The business plan of a company is very vital to the success of that company, so you must pay god attention to it. When you look through the free sample business plan, it gives you a clear picture of what your business plan should look like.

Also related: How to build your business from scratch

I have provided you with a long list of free sample business plan templates to give you an easy start. To write a business plan, you need to know where and how to start. Let us consider some free business plan templates and samples you can consider in Nigeria. You can choose to write a business plan using any of these templates listed below.

Business Plan Samples And Templates 

  •  Catering Business Plan 

If you have a love for cooking and always wanted to start a business, you can integrate the two and start a small catering business. The question is, how do you start a small catering business. You can start by having to write a business plan detailing every aspect of the business before you get started. 

  • Event Planning Business Plan

In Nigeria, there is hardly any day that an event doesn’t come up in your locality. With thousands of events and parties happening every weekend, event planning business is a very lucrative business. To start an event planning business, you will need a combination of education, if necessary, good experience, and excellent networking. 

  • Hair and Beauty Salon Business Plan

In Nigeria, currently, the salon business is one of the best and profitable business in Nigeria because it doesn’t cost much and requires little capital to start. You can choose to start either a barbing or beauty salon for women because it requires no college degree but your skill. Some people delve into starting a salon business without considering the need to write a business plan. You don’t have the future of your business in mind if you fail to draft a business plan. 

  • Driving Schools Business plan

If you are an expert driver and can teach others how to drive, you certainly qualify to start a car driving school. In Nigeria, there is a great opportunity in this business as most Nigerians are looking forward to owning their own cars. Fresh school leavers are always eager to learn how to drive, so you can bridge the gap. 

  • Agriculture Business Plan

Nigeria is richly blessed with quality soil and favorable climatic conditions that can accommodate a variety of crops like onion, carrot, cocoa, yam, pear, potatoes, okra, vegetables, beans, etc. It is very lucrative to start an agriculture farm business in Nigeria because there is so much market to serve. You need to write a business plan on agriculture, especially if you wish to go on a commercial scale. 

Also see: How to write your cassava farming and processing business plan

  • Feed and Farm Supply Business Plan

The feed farm production industry has been largely promoted as one of the most lucrative agribusiness investments to make. Nigeria has a major impact on the worldwide production and distribution of livestock feed. Before you venture into the feed and farm supply business, you need to have your feed and farm supply business plan in place. 

  • Fast Food Restaurant Business Plan

The fast-food business in Nigeria is a very lucrative and profitable one from which you can make good profits. No one can do without food, and with the growing population of Nigeria, it is a very viable business to venture into. With the current economic downturn in Nigeria, the line of business that has continued to promise greater returns on investment is the fast-food business. So, the fast-food business is a profitable one to venture into Nigeria. 

  • Bakery Business Plan

We have also included the bakery business plan in our free business plan template. With the high rate of events like weddings, birthday celebrations, the, etc. bakery business is highly profitable. In fact, the consumption of bread and other bakery products like chin-chin, cake, etc. is a huge market. There are lots of opportunities in this business and more interested investors who are willing to invest. 

  • Internet Café Business Plan

There is a high demand for internet cafe services in Nigeria, especially in business enabled environments like universities, offices, etc. In Nigeria, this is one of the leading profitable medium scale businesses in Nigeria. When managed properly, you can get a very high-profit margin. 

  • Clothing Boutique Retail Business Plan 

Starting your clothing business is a very good business idea in Nigeria. The reason is that the fashion industry will always be very vibrant in any economy. People all over the world have a basic need for clothing. Aside from the basic need, fashion is evolving daily as a result of the huge and diverse interest in styles. In as much as there is high demand in this sector, you must write a business plan that will guide your approach and decisions in the business. 

  • Automotive Car Repair Business Plan 

Nigeria will always remain a big market for cars, both used and new ones. It will amaze you to know that Nigeria alone spends up to $5 billion every year importing vehicles. This shows that this is an industry that is worth investing in. 

  • Car Wash Business Plan 

You don’t necessarily need much of a capital to start your car wash business in Nigeria. With more money spent in this business, the faster the business can grow much better and faster, leading to better and profitable returns. 

  • Pharmacy Business Plan

In Nigeria, the drug store business has become an integral part of the Nigerian economy. Venturing into the drug business is certainly a good business decision, but you need o to have a good business plan in place. 

Conclusion

In this article, I have provided you with a variety of free sample business plan template to help you write a business plan for your business. For your well-detailed business plan on any business, contact +2347032096140. Your business plan will be ready within two weeks. Contact us today and be glad you did

 

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How to Start Buying from Aliexpress and Make Money

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Are you looking for a good business idea that will bring you some cool cash within a fairly short timeframe? Then you should consider buying and reselling goods (importation) from Aliexpress.

What is Aliexpress? Why Should You Use It?

According to Wikipedia.org, ‘AliExpress is an online retail service based in China owned by the Alibaba Group. Launched in 2010, AliExpress is made up of small businesses in China and other locations like Singapore that offer products to international online buyers. The Company (AliExpress) facilitates small businesses to sell to customers all over the world.

How to Start Buying from Aliexpress and Make Money

How to Start Buying from Aliexpress and Make Money

You might be wondering if it’s safe to buy from Aliexpress. Well, it is very safe to buy from this Chinese site in fact, safer than buying from other e-commerce websites you might know of or that you are used to. This is because in Aliexpress, you are protected no matter what you buy as far as you buy it directly from the site.

Again, why this is so is because, most of Aliexpress suppliers who list their products on the site are legitimate. Hence, it is very safe and reliable to buy from Aliexpress. But there are still a few bad eggs on the site of which you should be aware of and refrain from.

Why Are Products So Cheap In Aliexpress?

A common question asked by many people is, “Why are products so cheap in Aliexpress?” this is a genuine question because many people think that most of the products on Aliexpress are not of high quality because of their low prices but this is very wrong!

Aliexpress products are cheap because most of the merchants selling products on Aliexpress are based in China. Since most of their products are manufactured there (in China) and this is not done by a few companies but hundreds of companies, the market forces significantly bring down the price of goods.

Besides, the cost of production is relatively cheap, China has a lot of resources to deploy easily plus ready technologies which significantly reduce the production cost. Finally, given its huge population statistics (Over 1billion people), the cost of labor is cheap too. When combined these ergonomics help in pulling down the price margins for goods compared to other parts of the world. These and more reasons account for why most of the products made in China are Cheap.

The Two (2) Modes of Buying from Aliexpress.

There are two ways of buying and reselling goods from Aliexpress namely (1) importation business and (2) dropshipping. each of these ha its advantages and disadvantages. In an earlier article, I did an in-depth analysis of what these two (2) forms of buying from Aliexpress entail, their pros and cons. Do well to check the article here.

For more resources on importation business in Nigeria, please read this free guide where I explained this subject matter in detail.

You should also check out my additional guide on how to start dropshipping business in Nigeria.

For this guide, my focus is on both importation business and dropshipping. The section below shows a summary process for buying from Aliexpress and reselling whether you choose importation business or dropshipping or both.

Step-by-Step On How to Start Buying from Aliexpress and Make Money

To start buying from Aliexpress to sell and make profits, here are some tips to help you:

(1) Choose a Specific Niche.

Choose a very targeted group of products that are always in high demand all or nearly all the seasons. This is called the target “general” niche. After choosing a target niche, proceed to choose a good category (that fits your interest) from that niche. For example, you can choose “Ladies’ Wears” as your target niche then choose “Shoes and Bags” as your category.

(2) Compare Shops Offering Products In Your Niche.

If you choose ladies’ wears as your niche, for example, then you should visit some shops in your area (or in your town and/or wherever you want to sell to) to see the kind of ladies’ wears that are trending at the time. Once you’ve known what sells, go to Aliexpress and check if you can find the product there.

If you see the products, begin checking for and consulting or checking with the sellers or suppliers of the products on Aliexpress. While doing this, please make sure that your prospective Aliexpress supplier is reliable. You can check reviews from his previous customers to know if he/she is worth doing business with or not.

(3) Order Samples.

Before you start bulk-buying what you are going to resell, order some samples. This will enable you to know whether the products are good or not. Also, it will open your eyes to the time taken before products are delivered.

(4) Buy the Products, Market It.

After you’ve ordered the product  samples, tested and found them to be market-worthy, the next thing you have to do is to go ahead and start buying the products for sale. However, understand that your brand will not spread if you don’t advertise it effectively.

There are many ways to advertise or market a business. If you make a website to use for your advertorials and marketing, make sure it is customized and that your product’s pictures are of high resolution. You can run Facebook adverts (ads) or contact social media influencers to help you promote your brand.

(5) Focus on the Welfare of Your Customers.

Nothing much to say here than this, “take your customer’s welfare and user experience seriously and reap continuous rewards. Neglect this and sit back to lick the consequence”. That’s self-explanatory enough. Isn’t it?

Conclusion

To start buying from Aliexpress and reselling to the local or international audience, make sure that you buy what is trendy and in high demand else you might end up not getting customers and run into severe loses. Ladies wears and fashion items are good categories to choose because there is always a new trend that sells like hot Shawarma and the demand is always high. I wish you the best of luck in this industry. Thank you for reading.

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