Friday 12 May 2017

Profitable business ideas you can start with little capital in nigeria

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Are you a young Nigerian willing to go into entrepreneurship
How about starting a profitable small business in Nigeria this year? According to research, times of economic crisis and financial meltdown are the best periods to start a business. The good news is that you can start a successful small business in Nigeria with little or no capital
this business idea will earn you extra cash, make you proud, and possibly lead to a long time investment and that amazing moment you get to say “I quit!” to your boss.
The cost of starting a business in this era of the internet and social media technology has greatly reduced. In this post, here are few profitable business ideas you can start with little or no capital.
an entrepreneur 

5 ways to promote your business

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1, Advertise
Advertising your business makes people know more about your products /services
And it helps in promoting businesses

2, promote your business online
There are many ways to promote your business online, you can promote it on socail networks such as: Facebook page,Twitter and instagram

3. Relationship with your customers
Talk to them about their experience using your products and improved on them

4. Promos/discounts
Sale your products at cheaper rate for them to test and see the quality of the product
Conduct promo and give free prizes to the winners

5. Partnership with other organizations



6 steps to starting your own business

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Any one that wants to run a successful business operation must have sound plans to pursue. It could come in form  of financial plans, sales plans, production plans,etc. In a rapidly changing environment like ours, proper planning will equip the entrepreneur to be guided on the structure of the organization as well as the precautions to be taken  to forestall imminent  failures.
These are few steps to take when starting your own business

1, put you  business ideas into writing

   Putting down your business ideas in writing will go a long way in helping you plan your business. So do put all your ideas first in writing

See 5 simple ways to make money online

2, market survey/cost