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How to run a lucrative pig business
TraderMoni is a loan programme of the Federal Government, created specifically for petty traders and artisans across Nigeria. It is a part of the Government Enterprise and Empowerment Programme (GEEP) scheme of the Federal Government, being executed by the Bank of Industry. With TraderMoni, you can receive interest-free loans starting from N10,000 and growing all the way to N100,000 as you pay back. You get N10,000 as the first loan. When you pay back the first loan, you immediately qualify for a second loan of N15,000. After payback of the second loan, you qualify for a N20,000 loan, and then N50,000, and then N100,000. With TraderMoni, the Federal Government wants to change your level by providing continuous loans for your petty business, making each loan bigger to enable you to grow. Read More : https://www.tradermoni.ng/?utm_source=nairaland&utm_medium=cpc&utm_campaign=TraderMoni&utm_content=homepage#
1. Travel agent service When you need a good business to start, you should consider the travel agent business. You only need to look at the number of people that need the services of an agent in this sector so as to get the motivation you desire. People need the best deals on flight tickets, hotel arrangement, cab arrangement, and other necessary things. If you have any experience of things like these, you will be able to make money and it requires little investment in terms of startup funding. Ever heard of Wakanow? It is a platform you can join to get people to book hotels and flights through you and you make gains through commissions. 2. Bookkeeping and accounting services Every business needs how to manage their books and their money. This is why bookkeeping and accounting services are highly demanded by businesses everywhere in the world irrespective of scale. Businesses need to keep their record and more importantly, they need to make sure that when the time to pay their taxes comes, computations and submissions won’t become issues. Therefore, if you have knowledge of accounting and bookkeeping, you can start up the service on a freelance basis since it will be affordable and you can build a huge business from there. 3. Errand service Errand service? I can see you opening your mouth and staring in disbelief. How can you make enough from running errands for people? Welcome to the 21st century where everything has become marketable given the increasing commitment of people around the world. Here is the deal; since people are becoming busy and making more money, they will need to spend the money on others to do what they would have done for themselves.They will need people to dry clean for them, clean their homes, shop for them and do other things for them. You may not even be part of the people working but you can definitely start a big business with this opportunity. 4. Business and life coaching service Do you have a great experience or knowledge in an industry? Do you have an interesting and inspiring life story that people can use as stepping stones to greater heights? If yes, then starting a business and life coaching business is one of the profitable business ideas you can start with little or no funds. When you have the above qualifications that people can leverage on to build successful businesses, then you can be on your way to great wealth. The business is becoming increasingly popular in Africa and it is relatively untapped. You can become part of it. 5. Commodities brokerage When you sell properties or close deals, you earn commissions. You could earn a huge amount of money from doing this. It is interesting because it requires almost nomoney to start. It is, without a doubt, one of the profitable business ideas you can start with little or no funds. In fact, you can even argue that it is the most profitable. 6. Professional writer and editor I’m a writer and I can tell you that it is quite profitable. People need writers for a range of things. I have had to write projects, seminar papers, proposals, business plans, letters, and others. You require very little to start up something like that. More so, you get to edit already written works. Luckily for us and you, if you decide to become part of it, you have tools that help you write and edit well. Grammarly and others can be very handy. 7. Fitness trainer People need to get fit no thanks to health and aesthetic needs. Today, there are models everywhere who think of nothing other than staying fit. When you are an athletic individual, you can start this business. Check the number of people in Nigeria trying to lose weight and you will understand the potentials in the business. What is more? You get to start this business with little or no funds. You can give it a trial today. 8. Event planner Do you know how many events take place within your location on monthly basis? Do you know that event planning is one of the profitable business ideas you can start with little or no funds? Here is the analysis? You don’t work with your money when you are planning an event. Your client pays some money upfront and completes it after the event.
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As part of its corporate social responsibility initiatives to support entrepreneurial drive, Total Companies in Nigeria have launched the second edition of the StartUpper of the Year Challenge. The Challenge will see several young Nigerian entrepreneurs compete for cash prizes as well as professional coaching, international exposure and widespread publicity for their projects or businesses. The StartUpper of the Year Challenge is intended to promote youth entrepreneurship and development and is open to young Nigerians aged 35 years and below who aspire to start their own businesses and build a brighter future. Candidates have five weeks to submit their applications after which the best will be shortlisted. Fifteen (15) of the best submitted projects will be selected with the finalists published on the competition website. The finalists will be required to defend their projects before a jury which will select the best three. In addition to the three winners, a top female entrepreneur will be selected. Results will be announced during an awards ceremony. The complete glossary of contest rules is available online at https://startupper-of-the-year-challenge.total.com/en/ challenges/nigeria?lang=en Participants will be assessed based on their innovative nature, social and community impact, feasibility and development potential by a jury comprised of experts from Total, specialists from incubators and accelerators, business leaders and local community stakeholders. The 2018-2019 StartUpper of the Year by Total Challenge reaffirms Total’s commitment to capacity building in the countries where it operates, worldwide. This year’s challenge will hold in nearly 40 countries in Africa and in 60 countries worldwide and is aimed at supporting and rewarding young entrepreneurs in any business sector who have a project or business that is less than two years old.
Nigerian poultry industry is estimated at ₦80 billion ($600 million) and is comprised of approximately 165 million birds, which produced 650,000 MT of eggs and 290,000 MT of poultry meat in 2013 and in , it has grown tremendously. From a market size perspective, Nigeria’s egg production is the largest in Africa (South Africa is the next largest at 540,000 MT of eggs) and it has the 2nd largest chicken population after South Africa’s 200 million birds. It is a fact that Nigeria presently consumes 1.5 million MT of frozen chicken annually. As at 2014, the locally produced chicken was estimated at 300,000MT, a capacity utilisation of 46 percent in an industry that currently boasts of a 650,000MT installed capacity. . In the same year, 1.2 million MT of frozen chicken, valued at N660 billion (equivalent to $2.75 billion) was imported. Looking at this statistics, it shows that the demand for poultry product is so high and we are unable to meet demand locally. With the ban on importation of poultry products into the country, a huge market has been created for smart entrepreneurs to tap from this. Due to popular demand from young and aspiring entrepreneurs that have been seriously looking for funds and were asked to submit a business plan. If you have a good business plan on poultry farm, you can easily get loan from banks and Federal government