How to Start Bottled Water Business in Nigeria

Regulatory Requirements for Starting Bottled Water Business in Nigeria If you desire to start a bottled water business in Nigeria, it is essential that you follow the required procedure as spelt out by the regulatory authority (NAFDAC). Without NAFDAC approval, it does not matter how much you have invested, you will not be able to manufacture, advertise, sell or distribute bottled water in Nigeria unless it has been registered in accordance with the provisions of the law and the accompanying guidelines. Before your bottled water business can be approved, you need to meet the following requirement as spelt out by Continue ReadingHow to Start Bottled Water Business in Nigeria

How to Write a Good Business Plan

A good business plan will help you communicate your ideas to investors and lenders. Now that you have decided to start your own business, I will say congratulations to you! But I like to mention at this early stage that passion alone is not a guarantee for success in business. It is statistically gathered that many businesses could not survive their first five years. And the common denominator for the business failure is the lack of adequate planning. Hear what Chris Corrigan said about planning: You can’t overestimate the need to plan and prepare. In most of the mistakes I’ve Continue ReadingHow to Write a Good Business Plan

22 Reasons for Small Business failure and How to Avoid Them

Business failure is a common phelomenon but it can be avoided. Business failure rate within the first 18 months is put at 80% by Bloomberg. All small business owners usually start their businesses with excitement and great expectation to succeed. Along the line, you discover that most of these small businesses usually fail within five years of existence. The rate of small business failure can be reduced if only our small business owners can pay attention to the factors responsible for the businesses failure. The reasons for small business failure are discussed below. No business plan People plan for so many Continue Reading22 Reasons for Small Business failure and How to Avoid Them

How to Start a Catering Business

Start a Catering Business and Create a Brand for Yourself. If you can start a catering business, the growth rate can be a surprise to you. You must have heard that an hungry man is an angry man. Does this signal anything to you? In a simple interpretation, it means that anyone who does not eat will naturally be angry. Everyone needs food to sustain himself. Without food in the stomach, every other activity suffers. With this knowledge, you will not need much persuasion to be convinced that if you start a catering business, there will always be market for Continue ReadingHow to Start a Catering Business

60 Motivational Quotes for Small Business Owners

These motivational quotes are useful for small business owners. The motivational quotes in this articles have been packaged for small business owners. The motivational quotes will help you in the day to day running of your business. The same way you need techical resources for small business, you equally need motivational resources for small business owners. For small business owners to keep going especially when things seems hard, these quotes will get you motivated. I think when you move past your fear and you go after your dreams wholeheartedly, you become free. Know what I’m saying? Move past the fear. –  LL Continue Reading60 Motivational Quotes for Small Business Owners