Food Canteen Business in Nigeria: Guide on How To Start (2020)

Food canteen business is a very popular venture in Nigeria that you can start with at least N150, 000. As long as you can cook various soups and foods stuffs like rice, beans, yam, and others, you are good to go.

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Are you the type that can bring ingredients together and breathe life into it by turning it into a delicious delicacy that wow people and want to come back for more?

Do you have an exceptional cooking skill that everyone that taste a meal prepared by you commend you enough? Then people are looking for you. They want someone that can prepare good food and patronize.

By starting a food canteen business, you can key into that. The following steps below highlight the steps required to start a food canteen business in Nigeria this 2020.

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Learn How To Cook

This point is for those that are not expert cooks but want to start the business. You can enroll in a catering school or learn under someone that is good at it.

Cooking is a skill, it can be taught and learned. There’s no big deal especially if you are ready to accept you don’t know but want to learn. While you are learning, make careful decisions on the type of food you want to sell.

Choose Location

When you are good and have the capital to start, choose a suitable location. The area should be close to where people are looking for food to buy.

Such places must be close to offices and business centres. However, you can still start it close to residential areas. If you are certain the demand there is high.

Buy The Things You Need

After securing your place of business, the next thing to do is buy all the things you need for the business. Cooking utensils such as pots, plates, spoons, tables, chairs etc are needed to kick start this business venture.

Don’t be stingy here so you won’t end up buying inferior equipment. You should also buy the food stuffs here.

After the above, employ someone to help you in the running of the business. This is important as you won’t be able to run the business alone in most cases.

Start Your Business & Promotion

When everything is set, it is now time to start the business because without starting, you won’t go anywhere. You need to promote your business especially when starting because if you become established and cook well, your clients will help you in promoting your business.

Conclusion

No matter the type of food business, starting a canteen is very profitable venture to start in Nigeria. You don’t need to register your shop or business any where. As long as you can cook, in no distant time,  you will reap the fruits of starting this food canteen business.

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Quarry Business In Nigeria: Guide On How To Start (2020)

Do you have money to invest? Then Quarry business might be one of the profitable idea you can venture into.

For those that might not know what a quarry and quarrying business is, a quarry is simply a site where stones, limestones or slate and even sand is excavated from.

Quarrying is simply the act of mining this mineral from the ground. With the population of the country and the numerous construction companies found in it each having projects to execute, then being an agent providing raw materials for them will make you a lot of money.

Do you know Dangote is also into this business? and it is the bedrock of his cement factory? You can now see how profitable quarry business is in Nigeria.

However, being profitable does not mean you should jump into it so that you don’t jump out of it. This business is capital intensive and if you don’t have enough, it is best to venture into it as a middleman.

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As a middleman, you just need to link quarry business owners and those in need of it product and get paid. However, being a quarry site owner pays more and if you have money to invest, it is best to venture into it.

Follow the steps below to start your own quarry business in Nigeria.

Draw up business plan

This should be the first step as you would need a quarry business plan to start with. Drawing a business plan on this granite or rocky venture helps you to know the direction the business will go.

For example, the granite quarry business plan should outline the needs of the business, how profit would be made, equipment to purchase, whether it would require loan or grants, and so on.

Get required capital

This venture is a capital intensive business. Infact, it would cost you millions of naira to start this business. If you know that you cannot afford the capital needed in starting of this quarry business, you can take a loan from the bank.

This is the only source we believe can fetch you the desired money you would need to kick start unless you have the money already.

Site Selection

The next step after having the required capital for the business is for you to select a suitable location for your business. As you should know already, this entail quarrying of minerals which are not found everywhere so you need to either buy or rent a site that has the required mineral you want to excavate and sell.

If you want to deal in limestone then getting a site with just rocks that are not limestones is a waste. You might decide to rent it since after excavating what you are after, the site becomes useless.

Register Your Quarry Business

Your business need to be registered to be legal in Nigeria and for a quarry business since you deal with mineral resources, the law is stricter on it as a result of the government interest in it.

You need to register your business with the Corporate Affairs Commission (CAC) as well as the Federal Ministry of Solid Minerals. Depending on the state your business is located, you need to register with several other bodies.

Purchase Equipment For Your Business And Securing Labour

To some, they prefer doing this step before even registering their business. whichever step you follow is ok but you need to secure the equipment and also know that equipment are expensive.

You can decide to lease them. It is important to note that the equipment you should secure depend on the fund at hand, type of operation and mineral to be excavated. Generally, for a granite quarry, you will need an excavator, granite crusher, pay loader, dump trucks aka tipper. For a sand quarry, you need just an excavator and a tipper.

After securing equipment, you need to employ workers to help with work on site such as those that will operates the machines, those doing the manual labour and those involved in administrative task. Just know that team work is a key in this business.

Just starting a quarry business does not mean customers will come knocking. In fact, just know now that most people that will be in need of your products already have suppliers and you need your marketing skills to break through but with determination and letting people know of your business existence, you will make it in this business.

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10 Hot Businesses You Can Do In Nigerian Universities Easily (2020)

A market place can be anywhere where goods and services are exchanged for money. By this, we can say that the university environment is a very large marketplace as lots and lots of businesses and services can be offered there.

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In this article, we shall consider the top ten best businesses that are easy to kick start in our Nigerian universities as an undergraduate.

Lots of factors such as rate of patronage, profit margin and ease of kick starting were considered for this selections. Take your time to go through the list, choose the most favourable one, carry out a feasibility study and kick start.

10 Best Businesses You Can Start In Nigerian Universities Easily

1. Transportation Service

Transportation services is always in high demand in the university environment. Students will always rush over for lectures or to submit assignments and the school premises is always bubbling with activities. So as an undergraduate, you can leverage on this by using your car to offer transportation services within the school premises.

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2. Food and canteen services/delivery

This is another business that has a very high patronage rate. Staff and students will always chill down their hunger by looking for any available eating spot to eat or drink. If you have excellent cooking skills, then you can capitalize on this and make lots of income. You can as well include food delivery services in your kitty. Professors, staff and students will always patronize you as you will eliminate the stress of trekking to the nearest eatery. Extending your services to late night hours is also a very big advantage.

3. Photocopying and typing services

This is a line of business that will always make you money as a Nigerian student or an undergraduate and fit in to any university setting as typing and photocopying are always in high demand. You can make streams of income by simply placing your photocopying machine near a lecture hall or in any strategic position. Also, you will not lack typing jobs. You always be faced with typing term papers, assignments, research work and projects.

4. Barbing/Hair making and styling

Provision of hair cut and hair making services for guys and ladies can generate lots of income for you. It is most suitable to site your shop close to a hostel where the students can easily have access.

5. General provisions shop

You will gain lots of patronage by opening a shop for selling stuffs like biscuit, sweets, gums, drinks, snacks and many other general edible and non-edible items. These items are always in high demand.

6. Dry Cleaning services

This is another money spinning business venture that can fetch you cash as an undergraduate or Nigerian student. Washing and ironing clothes for the students and staff can be very rewarding. This can be even more rewarding if you site your office close to the hostels and staff quarters.

7. Photography and Video services

Photography is sure to give you so much money as a student in Nigerian universities especially in this era of pre-birthday and pre-wedding pictures trend. Students and group of students will always take photographs and passports, so you are assured of regular earnings.

8. Make-up and make overs

This is mostly targeted towards the female students. Most Nigerian students believe that looking good is good business, so they go a long way in working on their looks. You will be even surprised by the high amount of money that they end up spending for this. Simply get set your make-up and make over shed close to the female hostel, and you will be amazed with the traffic in patronage.

9. Sales of Books and academic materials

Books and other writing materials will always be on high demand in any academic environment. You can boost your income by selling text books, exercise books and other writing materials.

10. Sales of trendy clothes and shoes

It is very common to hear Nigerian undergraduate students complaining about lack of money. On a lighter note, these students are the same people who wear the latest designer clothes in town. They spend good money in fashion. With this perception, they will always patronize good fashion products. So, it is very certain for you to have good patronage from selling shoes and clothes that meets the latest fashion in town.

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