Thursday, July 4, 2019

BOTTLE WATER BUSINESS

Most of us would have thought about bottle water business but without knowing how to go about it.
 My guide on starting a bottled water business covers all the essential information to help you decide if this business is a good match for you. Learn about the day-to-day activities of a bottled water business owner, the typical target market, growth potential, startup costs, legal considerations, and more.
Bottled water businesses deal in the bottling and distributing of drinking water to consumers. Whether purified, distilled, or natural spring water, your bottled water business will supply your customers with ample hydration. Taking the steps to start your own bottled water business can be a satisfying experience that allows you to make money while also helping your customers achieve a healthy lifestyle.

                      

                  BASIC THINGS REQUIRED TO START A                          BOTTLED WATER COMPANY

1. FEASIBILITY STUDY: Before an entrepreneur can successfully start a bottled water production company off the ground, he needs to get the requirements for the business, which can be done through adequate research.

Though it is well advisable to consult an expert to assist in starting a bottling water company in Nigeria. The result of your research will determine the type of bottled water to produce, the type of markets you will targets as well the pricing of your products.

2. BOTTLE SUPPLIERS: This is very much vital in the production of bottled water. An entrepreneur will need a very good and reliable supplier of these bottles as production has to be continual and a single hitch might have a very large effect of revenue.

3. SOURCE OF WATER: A very good water source is also essential to the success of the business. Depending on the location, one can get source from springs or sink bore holes or even get supplies from the state water corporation.

4. FACTORY EQUIPMENT: These are also very essential in production as water must be treated and processed before bottling. Water bottling plant for treatment, filtering, filling machines, conveyors, sterilizers, bottle loaders, dispensing machines as well as sealers will be required and these can be acquired in different grades depending on the financial capacity of the entrepreneur.

5. STORAGE TANKS: These are also essential in production. Water from the source, be it bore hole or any other source will need to be stored in the tank firstly, before transference to the water treatment plants for processing.

6. GOVERNMENT APPROVAL: It is also important to note that Government approval through the appropriate agencies is also essential to acquire before you can even start production of bottled water.

7. LOCATION: This is as well essential to production. Your location has to be close to water supply as well as your market. The environment of your location should be well hygienic enough not to contaminate your source of water. And the terrain as well should be well considered, it has to be smooth to allow for easy passage of vehicles around the water factory and transportation of products to the market.

Wednesday, July 3, 2019

HOW TO START A PRINTING BUSINESS

Printing is a very profitable business that requires comparatively less startup capital but brings immediate returns. Moreover, the printing business has a higher workload considering the many groups of persons who make use of it for their day to day undertakings. It is, therefore, a venture that just about any other person ought to contemplate entering.
Being aware of this fact, i have decided to step in and offer the necessary information about this business. I have carried out timeless research into the various steps and procedures to follow. And I am  glad to present the findings of our research in the proceedings discussions.

 I: CONDUCT A FEASIBILITY FINDING
Start by conducting a feasibility finding. This is basically a detailed arrangements of the practicality of the printing business idea that you have in mind. It aims at looking into the likelihood of the business generating the required revenue inflows. It also looks into potential threats, competitors, comparative advantages, and any other issue that may impact the success and continuity of the said business.
For the best ever results, you are advised to examine the location where you intend to set up the business. Study the past trends, patterns, and make projections for the future. This will help you to prepare adequately for the business.

 II: EQUIP YOURSELF WITH THE PRINTING ETHICS
Each industry has unique sets of guidelines, ethos, principles, and standards that govern it. The printing industry is certainly not an exception. These guidelines set the basis upon which successful printing undertaking or exercise is gauged or fashioned. They also spell out the bare minimum requirements that must ideally be met while providing these services.

Invest some time in equipping  yourself with these standards. See how you can domesticate them i.e. incorporate them into your business. Look out for the penalties that may come along with the failure to meet or uphold any of the said standards.
 III: DRAW A BUSINESS PLAN

Now proceed to draw the business plan. This is a detailed strategy or manner in which you intend to venture into the business and accrue profit. The plan contains the goals, the reasons behind their existence, and the methods you wish to employ to actualize those goals. A good business plan also spells out the timelines within which the set goals are to be achieved.

Drawing a business plan is great indeed, and is by all means called for. It is the guide which you will from time to time look up to while building the basis. It also acts as the reference for gauging whether the business is headed in the right direction or not.

IV: COME UP WITH A STARTING PLAN
Printing business can be started by varying amounts of money. There is no fixed or recommended amount of money to work with. This means it is up to you to determine how much to invest and how large the business ought to be.

This being the case, you should come up with a budget. Determine how much you are willing to invest. Proceed thereafter to break the amount into smaller units. Determine the tools, accessories, and equipment you intend to buy to actualize the business. Thereafter assign rough amounts to each constituent tool or accessory.

 V: LOCATE A SUITABLE PLACE

 Now go ahead to find out the right location to base your business. Since printing business does not bring in so much money, chose an allocation that is as close to your residence as possible. This is to minimize the amount of money you may have to spend on the fare. It is also to see to it that you spend as little amount of time as possible in commuting.
While at it, familiarize yourself with the prevailing legal regimes that govern printing and related businesses. This will help you in getting started and prevent you from getting into unnecessary conflicts with the relevant government authorities.
VI: OBTAIN THE NECESSARY APPROVALS AND LICENSE

Each business has to be licensed by the relevant statutory authority under whose jurisdiction they are set up and operate. The printing business is certainly not an exception. In light of this, you should visit the various government offices in your area to obtain the necessary approvals and documentation.
Examples of these include licensure, tax pin, business permits, state sales tax permit, and certifications. You may also want to join your local chamber of commerce and industry. This will open up greater opportunities and contribute to your firm establishment in the area of operation.
VII: RENT A PLACE

Now, look for a suitable rental space in the area you have chosen. The best places to run a business of this kind are the malls, department stores, and busy streets. These are the places where you will most likely find plenty of customers.

Before finally taking up the rental space, read the contract form in between the lines. Most people have this tendency to overlooking those finer details and end up getting into trouble later. To give yourself the peace of mind you require operating unhindered from scratch, considering paying up to three months’ rent in advance.

VIII: GET  THE NECESSARY TOOLS AND PRINTING EQUIPMENT 
Once you are done with the rental agreement, proceed to set up the various tools, equipment, and machinery you will require to actualize the printing business. These machines and tools include the printing machine, shredding machine, photocopier, plotters, and lamination device. Some of the accessories that may come in handy include white-outs, printing papers, toners, and cartridges, to mention but a few.

You may have to call in an expert to help you out in this. This is because these machines are expensive and intricate. You just cannot afford to gamble with them. Moreover, any errors or mishaps may often bring along undesirable repercussions.

IX: LAUNCH THE BUSINESS AND GET STARTED 
Now you are good to go! Go ahead and launch your printing business. To do this, you will have to popularize the business throughout the area. Print flyers and distribute them to schools, churches, and every other facility that might at one point or another require the services of a printing company.
You may also wish to paste posters on every pole or wall for everyone in the area to see. Be sure to play by the rules of the game as most jurisdictions prohibit this. Lastly, you may also wish to leverage the power of social media to reach out to potential clients.

SUMMARY

Well, venturing into a printing business is not so complicated or difficult. As you can see, the procedures stipulated above are not that much complicated. You should therefore not shy away from getting into such a business if you have the desire to. All the best as you take this bold step!

10 BUSINESS IDEAS YOU CAN START;TO BE A BOSS OF YOUR OWN

Being a successful businessperson and entrepreneur is about taking advantage of every opportunity that comes your way. You have to be creative and find different ventures that can generate revenue, even if it's for a limited amount of time. Moreover, diversifying your efforts will help increase your chances of success without necessarily multiplying your workload.
Because mobile devices and technology have become the norm, there are now dozens of different business ideas you can start either for free or for a very small investment. Not only this, thanks to the available tools, these can help you generate revenue without requiring much work on your behalf.
Here are 10 business ideas you can start doing for free by barely lifting a finger:

1.A chatbot agent
Chatbots have taken the world by storm, because they're changing the way companies interact with their audiences. These pieces of dedicated software are becoming a necessity for companies of all sizes, and you can capitalize on this by creating a chatbot-building agency.
The best part about setting up a chatbot-creating agency is that it doesn't require you to have any coding or technical knowledge whatsoever. By using platforms like ChattyPeople, you can create an AI-powered bot in a matter of minutes. ChattyPeople offers a purely visual interface, and because you can create bots for free, you can practice and polish your skills until you're ready to offer your services.

2. App tester
If you have a smartphone, you can sign up to become an app tester. Application developers often need to test their products on different devices, models, and software versions.

All you have to do is download the app, install it on your phone and test drive it. Although you have to pay to download some applications, most developers will refund you the cost of the app when they pay you for your services.

3.Review product
Similar to app testing, some companies offer the opportunity to make money by writing product reviews on certain ecommerce sites. Keep in mind that there are already many individuals and companies offering these services, so you have to get creative and find a way to offer a unique selling point.
The best way to stand out is to always be honest and find the best tone of voice that caters to readers. The more friendly you sound, the more likely you are to catch the reader's attention. Just remember that there's a very fine line that separates a casual tone of voice from an unprofessional one.

4.  Start your own blog
Starting your own blog is an awesome way to generate revenue. Despite the fact that creating a revenue-generating blog seems to be extremely difficult, you only have to find the right subject and style that attracts a good readership.
You can start blogging about traveling, tips to get around your city or any other topic that you feel comfortable sharing. Once you have a solid base of followers, you can make money by selling ad spots on your page, joining programs like Google AdSense or by offering a paid subscription with access to extra resources.

5.  Online tutor
If you've ever set up or managed your own business, event or organization, chances are you have valuable knowledge that people are willing to pay for. You can start offering online courses that help individuals gain an understanding of technical topics you're knowledgeable about.
The great part about offering online courses is that you get to design your own lesson structure. For instance, if you have extensive knowledge on social media marketing, you can offer a series of 10 lessons that cover topics, such as increasing engagement and monetizing your accounts.

6. Social media influencer
Social media is one of the most effective communication channels available today. If you have a large group of followers, companies may be interested in using your social media channel or profile as a marketing platform so you can generate revenue directly from your follower base.

You can team up with companies and become a "brand ambassador" that builds awareness about certain products or services. Not only can this help you land a profitable endorsement deal, but you'll also create a name and brand for yourself.

7. A consultant
Depending on your field of expertise, you could provide consulting services on a freelance basis. Consultants often get paid a better salary than employees who work directly within an organization and often have more freedom.

Besides helping companies address imminent gaps in their structure, becoming a consultant allows you to get involved and become part of a team without having to make any long-term commitment that sacrifices your flexibility.

8. Online retailer.
The internet constantly provides great deals and offers, and you can take advantage of all of them by becoming a reseller. By taking advantage of well-established ecommerce platforms, you can create a self-sustaining cycle that requires an initial investment, yet generates profit on a regular basis.


In conclusion....
Finding the best way to make money without requiring a huge investment can be tricky. The ideas discussed above are designed to inspire you and help you find the best way for you to generate revenue without having to invest a lot of time or effort, which allows you to focus your energy and resources on getting your main business ideas rolling