TOILET ROLLS PRODUCTION IN NIGERIA THE BUSINESS PLAN

The nations annual toilet roll requirement as been estimated at 105 million units out of which local production can only meet about 800 million units. The short fall in supply translate to a market gap estimated at about three hundred and seventy five million (N 375,000,000) annually in revenue and an investment opportunity for savvy investors to exploit.

Drinking Straw Production

The lucrativeness of this business is that above measurement as it’s a product that has only one time application/usage- that is drinking straw is a product that is used once, no one uses a particular straw twice neither do two individuals share a straw thus it’s a USE AND DEMAND PRODUCT (UDP) making demand high. Okay! I believe you’ve got it for am not here to neither lecture nor disturb you with this bulky details rather am here rather for you to understand and profit from this business so please read on………………………

LIQUID SOAP PRODUCTION

Learn how to make money producing liquid soap, the market for liquid soap is growing and is still growing and location is not a detriment to its highly demand as there are individuals, households, churches, schools, laundry, hospitals around to patronize your products. So in the end you will learn all you need and will be able to produce good quality liquid soaps. \

Make Money From Custard Production Business

CUSTARD PRODUCTION FOR MONEY A business that will always spin money into the bags of the producer/ manufacturer is the food production business as man can never skip through a 24hours interval without food. One of such production business that is sure to ensure financial availability to the producer is the custard production business.

How to Create an App and Start Earning Money in 7 days

Yes it’s a new year, new privilege, privilege to start up a business, privilege to maintain the already started business and also a privilege to still expand your business borders. As a new year, you might as well consider the best business opportunity for the year 2013- “success” they say is doing the right thing, at the right time, at the right place with the right people.

Showing posts with label BUSINESS ADVICE. Show all posts
Showing posts with label BUSINESS ADVICE. Show all posts

Wednesday, 18 June 2014

How to Rgister Your Business Name With C.A.C part 2



following our previous post on how to register your business name with cooperate affairs commission (CAC) click here to view this post
i have prepared a video showing the neccessary steps required in registering your business name
do enjoy.

 

remember to drop a comment or question using the below comment box thanks.


Saturday, 19 April 2014

How To Register Your Product With NAFDAC





HOW TO REGISTER YOUR PRODUCT WITH NAFDAC


Fears of many entrepreneurs who are into the manufacturing business is often the  issue of registration with the NATIONAL AGENCY FOR FOOD AND DRUGS ADMINISTRATION [NAFDAC] they seldom disagree that it’s the greatest hurdle in starting up a business.



      But the truth still stares in the face as venturing into the lucrative world of manufacturing business, NAFDAC challenge should be expected and prepare pre-notice and not a thing to wish away for even to your advantage and advantage of your customers and of all involve ensures safe and right quality foods, medicines, household products, packaged water, imported, exported, advertised, distributed and sold in Nigeria.



     To simplify and further ensure steady growth of you business ABODE BUSINESS will in this report reveal all the necessary information that vastly necessitate your registration with this agency as once said by Mrs. Christiana Obiazikwor the chief public relations officer NAFDAC, that people who often go through the process of registration termed it tasking owing to their lack of the working information which often leads to lack of resources, time and energy thus the name tasking. Happily through this report you will be equipped with the proper and appropriate working in formations you need to register your business, so I advice you read carefully every word down to the last.
     Basically from source NAFDAC registration is mainly of two divisions
·         DRUGS- this includes insecticides, herbal preparation, cosmetics, medical devices, pesticides, veterinary products, vaccines, chemicals and supplement. 
·         FOODS- which include all forms of food (processed &packaged foods).
     Requirements- the requirement I will divide into two for convenience-
·         Imported/foreign manufactured products
·         Locally manufactured products
For the foreign products, the representative must have a duly executed power of attorney from the manufacturer also signed by the body of production.
Process- registration process requires specific documents and documentation varies for different drugs and food as discussed still under
·         Foreign/imported product
·         The locally manufactured products
For foreign products
·         Application for approval to bring samples
·         Application for full registration of product
For locally manufactured products
·         Application for full registration of product
Application for approval and to bring samples
·         In this the authority will require samples of products
·         Authorization to import samples( this entails a written authorization from the agency)
Note to facilitate this registration one has to provide the certificate of analysis from manufacturer, certificate of free sale from appropriate regulatory authority from country of origin. Samples of products must also conform to stipulated product labeling regulators.
NOTE: as often a question asked by most of my callers on this topic, getting an approval depends and is restricted to particular indicated products i.e. for each product application is offered specifically thus each product requires separate approval and separate NAFDAC number not minding if from the same source or company.

     With the above knowledge am sure one will want to know the next step. The initial step involves the procurement of registration form for each product, after which you fill the form and submit with an application letter.[to get a sample of this letter to guide you do email me @[email protected]]


HOW TO GET THE APLICATION FORM
The application form is available in their office and also online from their website ( continue reading)
After which it’s to be submitted to the registration division with below documents
·         Five copies of report for the product
·         Sample of the products(three for each)
·         License name for your company.
Also with some designated amount as registration fees like
·         Sachet water-------------------30,000
·         Packaged food----------------40,000
·         Herbal drugs--------------------10,000 to 20,000
·         Bottled water--------------------50,000
·         Cosmetics------------------------40,000
·         Pharmaceutical drugs produced in Nigeria ----------25,000 to 70,000
·         Pesticides------------------------40,000

MORE INFORMATION TO NOTE
HOW LONG IS THE PROCESS
Three months if all requirements are met as and when due

WHERE IS NAFDAC REGISTRATION OFFICE
In Lagos, with the following addresses.
  1. (a) NAFDAC Central Laboratory Complex
3/4 Oshodi ? Apapa Expressway, Oshodi ? Lagos.
(for Registration and Regulatory Affairs Directorate, Legal Unit, Establishment Inspection Directorate, Food Laboratory, Narcotics and Controlled Substances Directorate).
  1. (b) NAFDAC Central Drug and Vaccines Laboratory (CDVL)
Edmund Crescent, Yaba ? Lagos (for Drug Laboratory and Ports Inspection Directorate).
  1. (c) NAFDAC Enforcement Directorate.
Ahmadu Bello Way (Behind Nigerian Air Force Camp by Legico B/stop), Victoria Island – Lagos

NAFDAC ONLINE OUTLET

WHO TO CALL(REPRESENTATIVE OF NAFDAC)
Call the Director (Registration and Regulatory Affairs) on 01-4748627, 01- 4772452 

Sunday, 2 June 2013

9 Reasons Why Your Online Business Will Fail


while surfing i came accross the post though a little old but it foundation still wax strong in todays world of business so i thought it wise to share it with you. read and tell me your thought using the comment box.

9 Reasons Why Your Online Business Will Fail




by Rebecca Kelley on July 22, 2009 ·

read also 






Online businesses and moneymaking ventures pop up left and right like wet gremlins, yet only a small fraction of them will have some semblance of success. A lot of people seem to equate the Internet with “easy money” because you’re able to set up a website and try your hand at making money while sitting in front of a laptop at home in your underwear. The fact of the matter is that it takes a lot to create a successful business and not much at all for it to fail. Here are 9 reasons why your online business is slated to be as popular as a screening of Bruno in the Bible Belt.
  1. You bring nothing new to the table. If you think of an idea that’s the exact same as something that already exists and you can’t think of a way to make it better, faster, stronger, sleeker, shinier, lighter, etc., you’re probably going to fail. Nobody is going to use a Facebook clone if it’s the exact same as Facebook. People won’t use your tools if they’re worse than other tools out there and cost more. You have to either offer something completely new that no one has created before or you have to take an existing idea and vastly improve it.
  2. You’re not disciplined. There is no 9-5 when you’re starting your own business, and online businesses are especially time consuming because the Internet doesn’t have a closing time. If you’re not disciplined to hunker down and put in the massive amounts of hours it takes to get a business off the ground, you’re not going to get very far. Your business will reflect your output — if you phone in the effort, you’ll end up with a crap product or service.
  3. You have no focus. Obsessing about how good your site looks instead of improving your tools or products might win you a design award or get you into some CSS galleries, but it won’t bring you satisfied customers. You need to know what to focus on and what’s important — you can’t tackle it all at once, so it’s important to prioritize and determine which tasks have the biggest, most direct impact on your business’s ability to make money.
  4. You don’t trust your team. If you’ve hired a couple people or have a whole team of employees by your side, they’re here to help you, not hinder you (if you’ve made smart hiring decisions, anyway). You hired these people for a reason and they should want your business to succeed as much as you do, so if you don’t trust their work or their ability to make good decisions that will positively affect the business, you’re just creating extra work for yourself and for everyone else.
  5. You think you’re entitled to succeed. Ah, the ol’ entitlement complex. It doesn’t matter if you have a good idea — if you don’t see it to fruition and work hard to make that idea a reality, it’s not going to magically appear by itself. Nobody owes you anything, so suck up your pride and hunker down to get some work done. Respect is earned, sonny boy, and you’re not going to get any if all you do is sit around and expect success without getting off your ass and making it happen.
  6. Your street smarts suck. Who cares if you’re a book smart genius who got straight A’s in high school and college? Being a business owner requires common sense, and if you’re too dimwitted to have good instincts and street smarts, you’ll likely get eaten alive by the competition. People might try to screw you, cheat you, and lie to you. It’s a tough world out there, and if you can’t cut it and hang with the big boys, you don’t belong.
  7. You’re a cheap, corner-cutting bastard. It costs money to make money. Too cheap to hire extra help? Don’t think you need that more reliable server? Sure, you see potential dollar signs in your future but if you’re too cheap to spend what it takes to get your business off the ground, you won’t be making much money any time soon.
  8. You take your customers for granted. If you do have some customers and subject them to poor usability, shitty customer service and bad products, you won’t have customers for very long. Don’t take your users/readers/customers for granted. They’re a huge part of your success. If you don’t appreciate them, they’ll spend their time and money elsewhere.
  9. You’ve never experienced failure. This might be the most important reason of all. If you’ve never experienced failure and you fail for the first time at something, you’re put at a huge crossroads and your tenacity is really put to the test. Most successful business owners have failed numerous times in the past, and they’ve picked themselves up and gone back to the drawing board each and every time to fix what doesn’t work and get back on the right track. If you don’t know what it’s like to fail and you find yourself in a position of failure, you might just throw up your hands, say “Fuck it” and quit. Sometimes you need to experience failure in order to determine if you’re cut out to be an entrepreneur.
There you have it, 9 reasons your business will likely fail. I’d love to hear any other reasons if you’ve got any, or you can share how you’ve grown your own business and any issues you came across along the way using the comment below.

Saturday, 1 June 2013

CREATING A ROAD MAP TO SUCCESS IN BUSINESS

CREATING A ROAD MAP TO SUCCESS IN BUSINESS


The road that lies before you is one that I know well because I have traveled on the same road for more than 10 years and will travel with you until you’re ready to carry on without me. I want to help you discover your personal road map to success in business and in general live, teach you what it means to be on the journey, answer many of your questions, and equip you with what you will need to change your life. This trip has the potential of taking you a long way maybe farther than you have dreamed. The problem for a lot of people is that they are on a trip with no set destination. No charted course, they are in a holding pattern, they travel in circles. In the end, they finish no better than they started.

 The number of people today who lack direction seems to be growing and not decreasing. I am appalled at the aimlessness of most people’s live.
To take this journey, first you must first have a dream. Have you ever know a person who didn’t have a dream yet was successful? I haven’t either. If you move in any direction other than towards your dream, you will miss out on the opportunities necessary to be successful. You need to identify and sail towards a destination in orders words you need to discover your dreams. A dream does many things for u.  A dream gives us direction. A dream gives us hope for that future. Dreams set our souls on fire. A dream creates a route for success. Dreams draw out your sense of purpose. Dreams will provide you with a target to hit. It is a visual reminder of where you are going. 

Dare to dream and act on that dream. Do it in spite of problems, circumstances and obstacles. The moment you discover your dreams- the things you where created to do, then you can create a road map for your journey. If you can’t, the trip will be nearly impossible. It is one journey you will ever regret not making. There is no need telling you where it will lead you in life but I know one thing for certain, it can only take you up.


Am out. But dear most valued remember to leave a comment as we love your comment. Tell us what you thing on this topic, how helpful was it?

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