IDEA BOX TO GET YOUR BUSINESS STARTED.

Are you looking for a Job? Surfing the net tirelessly, looking for that job, any job, that could just keep you busy. While taking your files from one office to another, take a imagesminute break to think out of the box.   Think about your hobbies and imagine the joy and satisfaction you derive from them. These hobbies can range from simple everyday activity i.e. cooking, washing, reading, to complex ones like gaming and photography. It will interest you to know that you can create a living for yourself and job opportunities for others doing what you’ve always call a hobby.

It sounds so easy doesn’t it? Let’s take a particular case scenario, you love cooking and can sacrifice a great deal of your time doing so, you assist your friends, families and in church, you help organize refreshment each time the need arises. Judging From these, it’s obvious you already have your pool of clients, what you definitely require is a good sum of capital, creativity and expertise in setting up your own with the following steps outlined below:

  • Draft a business plan: This requires you sit down, map out how your business will be shaped and the things you would love to do in business. There is need to ask yourself the following questions.
  1. What kind of business do I want to set up?
  2. Where? i.e. the location.
  3. Is it going to be a normal eatery, an outdoor catering service or both?
  4. Is it going to be a bar or just a restaurant or both?

All  of these, needs to be carefully scrutinized based on your  environment and location.

  • Do a market survey: To do an effective market survey, you need to create a questionnaire to get consumer’s opinion and identify the possible lapses and selling points of existing restaurants or businesses similar to what you want to do. This will give you insight on what your impending business entails and what your customers taste and preferences are likely to be, it will help you develop a good market plan and strategy.
  •  Creativity: After doing a market survey you should be able to connect the dots, this means you should be able tell what is lacking in the already existing market and devise creative means of improvising. That definitely makes your business unique.
  • Source for Capital: You need a whole lot of capital, and mind you! Banks rarely give out loan for start up’s, in the least, they can invest in a growing business , except grants from government and cooperatives which is not easily available and you don’t want to fold your arms waiting. So, for the first start you will need to put in all your savings and depending on your network of friends and relatives, getting financial help might either be difficult or easy. However, you need to start up notwithstanding how small your capital is, from there you can always grow.
  • Professional Advice: Above all, seek profession advice from economist and business persons. You can also help yourself with motivational and business oriented books, one of such, which I find extremely useful and educative by David Lester titled: ‘Starting your own business; the good, the bad and the unexpected.’

business-starting-startupIn conclusion, Starting up a business  entails a whole lot of focus, it’s like running a race, you might get tired and discouraged but your main source of inspiration is the prize, your profit. It is equally important to note that in every business, the pressure increases as it gets better. what keeps you going is the satisfaction of a work well done. Stay inspired!

 

 

 

 

 

Written By Perpetua IBEZIM

 

He is a young Nigerian who is passionate about positive social change, youth leadership development, and the growth of SMEs in the Niger Delta region of Nigeria. Maple is the Principal Consultant of Mapemond Resources, a Brand Development and Idea Management Firm. He is the Founder of Fayples Nigeria, an online clothing store. He is also the initiator of the Southern Brands Project, an initiative aimed at inspiring creative enterprise among young Nigerians in the Niger Delta region of Nigeria.

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