business ideas – Learntal Online Courses Learn Digital Skills To Make Money Online Sun, 23 Jan 2022 01:41:58 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.3 /wp-content/uploads/2021/03/cropped-512.png?fit=32%2C32&ssl=1 business ideas – Learntal Online Courses 32 32 194668130 How To Make Money From Snail Farming In Nigeria 2020 /how-to-make-money-from-snail-farming-in-nigeria-2020/ /how-to-make-money-from-snail-farming-in-nigeria-2020/#respond Sun, 23 Jan 2022 01:41:58 +0000 /?p=9883 Agriculture based on snails Nigeria is among the most lucrative ideas for young entrepreneurs in Nigeria. Snail farming can be a practical and viable business option which is not yet fully researched in Nigeria as well as the rest of Africa.

Snail farming might not be the first thing that comes into your mind when you think of business opportunities that are profitable to start in Nigeria.

How To Make Money From Snail Farming In Nigeria 2020

This article will make you aware of the massive wealth which can be made through the establishment of an enterprise of snail farming in Nigeria.

Why Snail Farming?

The market potential of snail farms in Nigeria and across Africa is vast, yet undervalued. Snails constitute a significant part of the diet of many regions of Africa however, they’re not always inexpensive and readily available throughout the year.

If you raise snails in commercial quantities hotels, restaurants, and fast food establishments will be your frequent customers.

In Nigeria the cost of matured and raw snails can go from N250 to N600, depending upon the amount. The annual demand for snails in Nigeria is approximately 7.5million kilograms annually.

The snail trade is booming across Europe as well as North America. In the United State America imports more than $4 million worth of snails every year from across the globe including Nigeria.

Since the beginning picking snails from the fields or the bush was the only method for snails to reach the market and to the table.

The demand for snails is much higher than the supply which indicates that the market for snail is endless, globally and locally.

The establishment of both large and small scale snail farming enterprises is the best method to fill the gaps that exist between snails and the supply of it in Africa.

5 Steps To Starting A Snail Farm In Nigeria 2022

Below are the five fundamental steps you must follow in order to start a successful snail-farming business Nigeria in 2022

Step 1: Decide On The Snail Species You Want To Keep For Your Farm

In order to create a snail farm it is necessary to select only one species of snail. Studies have shown that snail species like Achatina is the most suitable for warmer climate areas such as Africa.

Step 2: Prepare Your Farmland To Be Used For Housing.

Your snail’s home must have enough space to allow your snails to roam free. In the event of overcrowding, it hinders the growth of snails and consequently should not be done.

A properly-spaced snail house lowers the risk of outbreaks of diseases due to overcrowding.

Snails are adept in escaping their homes where they live, which is why it is important to build an escape-proof housing. Pens are a good option for a home that is spacious and easily accessible, with a soil thickness of 10 inches and trees in the vicinity.

Step 3: Buy Your Snails

If you’re planning to set up your own snail farm it is necessary to purchase the snails. After you have set up a suitable housing space and farmland to house the snails, the time is now to purchase some fresh snails at the market or from any farm. It is always recommended to inspect the snails before purchasing to ensure that they’re healthy.

When you begin with your farm of snails, it’s important to have healthy full grown snails to lay eggs and contribute to the growth of your farm. Take a look at the snail’s shell. If there’s a lip, it indicates they’re fully grown snails.

Step 4: Feeding And Rearing The Snails

Snails are a vegetarian and are fed with a wide variety of food items like cucumber, cabbage, mango and bananas, eggplant tomatoes, pear Okra, paw-paw, cassava leaves, or even lettuce. But, you could also feed snails bananas, pineapple, or the paw.

Mating and laying eggs is an essential part of snail farming. In general, mating takes place between the spring and summer.

Being hermaphrodites, snails are able to fertilize one another as soon as they’re mature enough. To ensure that eggs to lay smoothly, you must utilize high-quality soil that has the right humidity and temperature.

Stage 5: Harvesting, And Then Selling Of Snails

It’s not economically prudent to collect your snails prior to they reach maturity. They need to be mature prior to harvesting. Don’t take all the matured snails in one go to offer them on the market.

It is essential to keep a some for breeding purposes and also to be used as a the base stock in your farm snails.

Snail has a high market demand and is priced well. You can sell snails at the local market. The consumption of snail meat is rising rapidly around the world. Therefore, exporting to the international market could earn you more cash.

Cost of Starting A Snail Farming Business

The essential expenses you have be aware of if you’re contemplating how to establish an animal farm are: housing, purchasing fresh snails, food processing, handling of your snails, marketing and transport.

It is possible to start your business by investing N60,000 or N100,000. It all depends the size you would like your farm of snails to become. In addition to the amount of your investment, you can also choose to raise 1,000,000 snails that are worth over N5 million every year.

How Much You Can Earn From Snail Farming In Nigeria

This is possible due to the availability of extremely prolific Achatina snails that lay between 200-400 in a single batch, which is twice or three times per year.

If you can produce 100,000 snails which sell at N250 per snail that is N250 x 100,000, you’ll earn N2,500,000. You’ll earn about N25,000,000 annually or more if you make 1,000,000 snails.

For those who are new to the field, developing an enterprise plan for snail farming is a vital element that must be taken before beginning. This will provide you with the complete understanding of what that must be completed.

Conclusion

In terms of costs and time snail farming is an extremely low-risk venture. As opposed to many other livestock enterprises snail farming has minimal startup and operational costs. It is possible to set up your snail farm in within the yard of your home to avoid the purchase of farm land.

The ideal time to begin setting up with a snail farming business is during the period of rain, especially from July through October as this is when snails typically begin breeding.

Also, it is important to know that snail prices rise when there is a shortage in the months between march and december which is when it’s dry.

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How To Pitch Business Ideas To Investors /how-to-pitch-business-ideas-to-investors/ /how-to-pitch-business-ideas-to-investors/#respond Thu, 20 Jan 2022 13:02:48 +0000 /?p=9840 If you’re planning to raise funds for your business, it is essential to understand how to present & pitch your business plan so that investors will be attracted to investing in your business.

Every business owner should be able to pitch their ideas, whether to prospective investors, clients or banks to fund your business’s start-up.

Investors who are venture capitalists are seeking out practical business plans and strategies for funding new companies. Even if you have a very good business idea, having a compelling pitch can make it easier to get funding for your startup.

How To Pitch Business Ideas To Investors

The process of creating a winning pitch begins by creating a solid business plan. Then it’s up to you to figure out what makes your company valuable and worthy of investment.

You might have five pages of proven financial data as well as a detailed analysis of your position against other businesses in a variety of fields, but you cannot cover everything.

When pitching to a venture capitalists or an angel investors, if it’s for your first time, you’ll typically be given 10 minutes to present your pitch. Here are some tips on how to pitch business Ideas to investors:

1. Create a PowerPoint

Take the time to create your presentation deck. The goal is to design the deck in a simple way that gets investors interested in your venture.

In this regard that, you must keep a version of your pitch that you can talk about within 10 minutes and also an extended version that contains all the information you’d like to provide prospective clients access.

2. Practice Pitching Your Idea

Practice makes perfect. It is important to prepare & practice your speech. Being unable to quickly explain every aspect of your business renders every other suggestion in this list unimportant.

A lot of entrepreneurs think that simply by knowing about their business , they are able to quickly and concisely convey its value. Also, having a great pitch deck with stunning visuals can be enough to get back on. Therefore, they enter meetings for pitches unprepared.

Instead of being in a position to say “I only need 10 minutes of your time,” and in reality, you’ll find yourself rambling for 20 minutes after just 5 slides. Make time to practice to simplify your messages, and only save the things that make up your company. Don’t leave anything else on the cutting-room floor.

3. Outline The Problem With A Story

Your pitch should begin with an intriguing story. The pitch should focus on the issue you’re solving for the market. It should be engaging for your target audience from the beginning. If you’ve conducted any tests, try including real data in this.

It’s best if you are able to relate your story to your target audience, I.e the investor.

What industries did they invest in in the past? What are the biggest issues their previous ventures? Research the investor so that you know of their priorities and how you can tailor your message to their needs.

4. Talk About Your Solution

Tell us what is special about your product, and explain how it can solve the problem you mentioned on the previous slide.

Keep it brief, simple and simple for the investor to communicate to other investors. Do not use specialised terms unless your investors are well-versed in your field. Also, if you’ve completed any tests prior to that, add the results will give your idea more credibility.

5. Describe Your Market Of Choice (Target Clients)

Don’t think that everyone around the globe is your ideal customer even though it might be the case someday.

Be clear about who you’re creating your product for, and break down your market into TAM, SAM and SOM. This won’t only impress your target audience but will also assist you in thinking more strategically about your plan for rollout.

If you are able, create a persona for your user or your ideal client when speaking about your intended market. This helps investors see the customer base that could be served and proves that you’ve considered carefully about the people your company is aiming to serve.

It’s also easier to reach out to a specific person with a brief pitch rather than an entire demographic.

6. Your Income Or Business Model

Investors tend to pay attention to this particular slide most. What are you doing to earn profits? Make sure you are precise about your products and prices and reiterate the fact that your target market is eagerly waiting for your arrival.

7. Your Successes: Early Traction And Milestones

At the beginning of the presentation, you’ll want to establish credibility. Spend some time sharing the impact you’ve had.

This is your chance to make a statement on your own behalf. Make the investors proud of the things the team and you has done up to now (sales contracts, key hirings, launches of products and the list goes on).

It’s likely that you’ve briefly mentioned a few aspects of this earlier on however this is where you present a complete overview of your company.

However, don’t simply leave it with what you’ve accomplished, make sure you inform what direction you’re taking. Give them a plan of the next steps, any additional milestones , and also explain how the funding will aid in achieving these goals.

8. Customer Acquisition: Marketing And Sales Strategy

This is typically the least-used and most skipped parts in an investor presentation and in a business plan in its entirety.

It answers the question; What is the best way to connect with your clients? What is the cost? What are the best ways to measure success?

Your financials should be able to enable you to estimate the costs of customer acquisition. You should also outline the methods you plan to use to contact your clients, the channels you’ll be advertising and present an example of a message.

You’ve done your homework and you’ve identified your target market is a savvy buyer, so why not let them see what it’s going to look like in practice.

9. Describe Your Team & Their Qualifications

Investors put their money into the people first and the ideas later. So make sure you share information about your rock-star team and explain why they’re the perfect individuals to run the company.

Also, make sure you discuss the skills you might have in your team. Many startups are lacking the most important talent, be it marketing, management sales, programmers operations, financial management and so on.

Make them aware that you recognize that you’re not an expert in everything.

10. Talk About Your Financial Projections

You should be able to show what you’re expecting in terms of revenue (per product) in 3 to 5 years. It is essential to be able to back your claims by proving your beliefs.

Investors are likely to pull out their calculators on smartphones to ensure that your numbers are logical So, provide them with the data they require to verify the accuracy of your calculations.

If your financial graph displays “hockey-stick growth,” be sure to clarify what transpires to trigger these inflection points. It’s easy to take a great deal of time explaining your financials, but bear in mind that you have to reach them promptly.

If investors are interested to hear or learn more, include your entire financials on the extended deck of slides or ask questions following your presentation.

11. Analyse How You Will Beat Your Competition

This is also an essential part of your pitch, but many individuals leave out this area or don’t give enough details on what makes them different from their competition.

The best method to present your advantages over your competition is to present the slide using a matrix format. You show your competition on the left-hand part of the screen.

Then, you’ll have your advantages and features at over the top. You then put marks in the boxes to indicate the companies that provide the service. Ideally, you will have checked marks across the top of every category, and the ones your competitors aren’t as strong in certain areas that show your superiority.

12. Tell Them Why You Need The funding

Be clear about the amount of money that has been invested in your business and by whom, what ownership percentages and the amount you’ll need to take your business to the next step (and be clear on the level that’s).

Do you require multiple rounds of funding? Are you looking for is a convertible note equity-based round or another?

Inform the public the reasons your management team is able to manage their investments to grow. Inform investors of the amount you’ll need, the reason you require the money, the purpose it is going to be used for, and what you expect to achieve.

13. Your Exit Strategy

If you’re looking for large amounts of capital investment (over $1 million) Most investors be interested in knowing the best exit strategy for your business. Are you planning to be taken over or going public (very very few companies actually do this) or something else?.

Make sure you’ve done your due research on this exit strategy and your target companies and the reasons why it could make sense three or five years from now.

14. Do Follow-up

Investors will require you to prove your assertions. Prepare a comprehensive business plan in hand to present with investors, so they can explore more information if they wish to.

The idea is to give an impressive pitch and at the end of the day they’ll be to request either your executive summary or full business plan.

15. Get feedback About Your Presentation And Improve Your Pitch

However, no matter what the outcome of your pitch, whether you get money, another meeting or not, try to find areas for improvement.

Be sure to seek feedback and take it into consideration for the next time you present. If the investor doesn’t offer any feedback, don’t press the question. You’ve already spent and now want more for, and it’s a delicate balance reach.

If you are able to bring someone else from your team there to record notes and discuss your slides with you after the incident.

Findweak points and areas you’ve stumbled across or slides that led to negative responses by the investors. Refine, practice and executing, even when you think you’ve got an ideal pitch.

Watch How To Pitch Business Ideas To Investors

Conclusion

The aim of a well-crafted pitch is to get investors beg for their money to fund your business. It may sound like it’s too good to be true however, it’s likely.

If you can successfully meet the requirements of an investor and needs, you’ll have an irresistible pitch.

You’ll never be able to tell the quality of your pitch until you’ve actually done it. Don’t be stressed out. Instead, treat each investor presentation as an opportunity for learning for both you and your company.

You’ll continue to improve and become better at it and you can apply your learnings in every aspect in your enterprise.

 

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Top Low Capital Businesses You Can Start From Home /top-low-capital-businesses-you-can-start-from-home/ /top-low-capital-businesses-you-can-start-from-home/#respond Wed, 19 Jan 2022 15:15:55 +0000 /?p=9698 The truth is hitting and many people, old and young, are seeking out ways to start a company to get out of their ‘unsafe’ salaried jobs.

I used the word ‘unsafe’ because you can be laid of anytime and to protect yourself from unhealthy financial status, you want start a low capital business you can earn a lot of money  from the comforts of your home.

The percentage of unemployment in Nigeria is rising every day and many of the available jobs aren’t worth the effort. This is why a lot of people are choosing to start their own businesses instead of waiting for jobs that are not available or work in a field that’s just isn’t worth it.

The positive side is that it’s an easy way to begin profitable companies that you can start with a minimal amount of capital investment. Some of these businesses can be easily started with just N100,000. There are others that require even less even as little as N50,000.

Top Low Capital Businesses You Can Start From Home

In actual reality, you can find a lot of profitable businesses that you can get started without spending any money or time.

Before we move on let me take a minute and mention that regardless of size the business’s, the start up always requires a lot of careful planning in order to be successful.

Let’s get back to the subject that’s on the agenda:

Top Low Capital Businesses You Can Start From Home

Small businesses that we have identified here are scalable. This means that they can be operated at the level that your current financial status and later expand to larger sizes as you grow and make more more.

Sale of Beverages

Top Low Capital Businesses You Can Start From Home
Sale of Beverages

Everyone drinks water and almost everyone drinks non-alcoholic beverages typically referred to as soft drinks, in Nigeria.

In the market or in your neighborhood,  you can see numerous shops, bars, restaurants, small fast food places, kiosks selling this products.

In order to run this business effectively it is essential to be able to count on a consistent source of supplies. In this respect you’ll establish relationships with the major wholesalers and distributors who will supply you with drinks and packaged water in discounts. You then transport directly to the retailers listed above, with a margin.

The greater the quantity you can offer to your customers, the higher the profit you’ll earn.

For the start of this business you’ll need an empty cart, containers, and cash to buy the drinks. Once you have established a good relationship with distributors, you could be eligible for credit.

If you have a vehicle, you may change it into your distribution vehicle. There are numerous drinks that you can provide. Conduct a market study of your local area to determine the most popular drinks that people purchase and focus on the ones that they buy most.

Bread Supply and Distribution

Top Low Capital Businesses You Can Start From Home
Bread Supply and Distribution

People eat bread every day all through the year. Bread is in high demand such that a large range of bread producers are present in our markets.

You can start this business by identifying reliable bakeries to buy from and sell to retail stores.

You will need a vehicle  you can distribute your bread, and then create a marketplace with supermarkets and shops located all around you.

It is possible to start your business for less than N100,000 If you own a car. You can expand when you’ve developed an extensive number of retail stores who you can supply.

If you don’t have a vehicle, there’s no need to fret. You can begin by hiring the vehicle that will deliver your bread. You can also purchase a delivery vehicle once you’ve built up your money.

Eggs Supply and Distribution

Top Low Capital Businesses You Can Start From Home
Eggs Supply and Distribution

Eggs are a good protein source and is eaten all over the world. In addition to its nutritional needs eggs are used in the production of many different items like confectioneries soaps, cosmetics and soaps shampoos, hair conditioners and glue, face masks and even face wash among other. Egg uses are so numerous that the supply isn’t enough to satisfy the demand.

Supply of eggs is a venture that could be established for a start on a smaller scale, and eventually grow into an enterprise of a larger scale.

If you’re looking to enter into this field the first thing to do is find farms of poultry that can produce high-quality eggs or huge egg suppliers.

The farms you purchase from or distributors, and then supply stores, retail shops as well as fast food outlets bakers, households and even the local supermarket.

Develop an online network of customers who are diverse and numerous in your area. The only things you require to be successful in this business is empty egg crates as well as the delivery van.

Without the delivery vehicle it is possible to start the business for less than N100,000. If you own already a vehicle it is possible to begin the business right away, but in the event that you don’t have an automobile, you can still begin with a cart that will deliver your products, and then purchase a used car.

Blogging

Top Low Capital Businesses You Can Start From Home
Blogging

If you have computer, website development knowledge and you’re able to write articles and blog post, you could begin your own blog on a niche of your choice.

Blogs are a good option to start an online business. It’s popular and massively lucrative If you are able to do it right and more importantly is that you can begin with no or little capital.

All you need is internet connection, a decent ability to research along with a laptop and lots of time. Your most significant and expensive investment in your blogging career is your time. Start a blog free using wordpress or blogger.

If you’ve got some money, create your blog on a self-hosted server. Fill it with high-quality content, encourage readers to read your blog (drive traffic) increase their confidence and make money from your blog using adsense from Google, display advertisements affiliate marketing, or sell information-related products like ebooks and so on.

Blogging has made lots of Nigerian young people millionaires, but it’s not as simple as it seems.

Nothing is easy. If you’re prepared to learn, put in the time, do your best and are patient blogging can make you wealthy.

Sale of Mobile Phones and it’s Accessories

Top Low Capital Businesses You Can Start From Home
Sale of Mobile Phones and it’s Accessories

This is also a very profitable business that you can start with a small amount of capital. As low as N50,000, you can be already in business. To start from the lowest level, you can buy a phone for N50,000 then sell for N52,000 and keep scaling until you can buy as many phones as you can. It’ll take awhile but with a little effort and patience, you’ll get there.

To take it to the next level, you can do so by renting out a space to display and sell your products.

Even in the event that you can afford a vehicle,  this type of business could be conducted in a way that is mobile i.e carrying your products to locations where they are required. In this instance you must first determine your customers and supply the market according to their needs.

What fuels this business is the explosive growth using mobile phones Nigeria. Nigeria is estimated to have a population of around 250 million. More than 180 million of these people are connected to cellphone lines.

A study found that the majority of Nigerian use two phones despite the increase in dual SIM phones.

Commonly used accessories that you can sell include memory cards, batteries chargers for batteries and earpieces screens, pouches, screen guards and more.

You can also create a community for your business through social media and attend to your followers needs and earn a lot. Networking is key.

Phone Accessories business is a sure method to get into the online import business.

Repairs for phones can earn the right amount of money if are determined to learn to fix or maintain phones. For less than N50,000, you could start a phone repair or maintenance service right from the corner of your living room.

All you need is some education, a laptop the software tools, a few regular household tools (screw driver soldering iron batteries, etc.) and some advertising to let people know about the work you’re doing.

You’ll also have to establish a good relationships with the dealers of high-quality tools. For less than N5,000, you can purchase a complete repair kit from reputable e-commerce shops that accept Naira debit card and then set up your business.

Dry Cleaning and Laundry Services

Top Low Capital Businesses You Can Start From Home
Dry Cleaning and Laundry Services

It is one of the smaller companies that will prosper for a long time to be.

As more and more women take on jobs or businesses to help their families and household, the need for the dry cleaning services will remain on the ascendance.

It has helped make intelligent people millionaires. The benefit is the fact that it is possible to begin with a modest investment, even at the comfort of your home.

All you require is the washing machine, press table, high-quality pressing iron, a basin for washing, and a conveyor for your dry clean clothes.

Start by helping your neighbors or your colleagues at work, and others of the working class.

You can differentiate yourself by making pickups and deliveries at home specifically for your corporate employees.

Plantain Chips Making And Sales

Top Low Capital Businesses You Can Start From Home
Plantain Chips Making And Sales

It’s everywhere, that crunchy snack made of plantain. The sellers sell it at the traffic and on highways, but what you don’t know is that it’s an enormous company for the producers of it. Also, you do not have to be a member of UAC or Leventis Food to engage in the plantain chip industry.

A small-scale plantain chip business that has an initial investment of about N50,000 can be capable of generating N10,000 earnings daily.

It is possible to run this venture from your kitchen and with only a small cost printing your customized pack.

You’ll need some guidance from someone who is already running the business, then master how to cook and design your supply chain, both for the raw material (plantain) as well as the final products.

Production of Ice Blocks and Sales

Top Low Capital Businesses You Can Start From Home
Production of Ice Blocks and Sales

Nigeria is located in the tropical climate region , with an plenty of sunshine and temperatures. The climate is generally hot, and the people constantly require cool refreshing drinking water to ensure their bodies are hydrated.

Unfortunately, the supply of electricity is extremely low, which makes homes unable to keep enough frigs with cold water. This is the reason the production of ice blocks a cash spinning business.

The majority of people require ice blocks to ensure that their drink and water are cool. It is essential throughout the year, especially in the summer, when the temperature is high and is experienced for around 300 days of calendar year in Africa.

Your market includes the residents of your area, retailers as well as bars, restaurants and eateries who must keep their drinks cool and iced throughout the day.

Event organizers are also your customer base and this happens on weekends in cities. The best part about this venture is the fact that it allows you to begin small by using what you already have.

If you have a large freezer and a moderate generator, then you’re in good shape. If you earn money, you can ramp up by purchasing an machines to make ice blocks.

Liquid Soap Production

Liquid Soap Top Low Capital Businesses You Can Start From Home
Liquid Soap Production

The liquid soap market is so huge that established brands aren’t meeting the demands. This product is used by all households and as the population grows the demand will also increase. the demand.

If you search around there are many homemade liquid soaps, with no branding whatsoever and packaged in plastic bottles, and selling for between N50 to N100.

With a modest investment, you could make lots of money from the production of liquid soap. You can sell it to supermarkets as well as other shops that sell to customers who are not consumers, restaurants bakers, caterers, bakers and even home keepers.

It is possible to obtain some education that is offered at vocational schools operated by churches, non-governmental and government organizations.

Make a huge market with branding and packaging that is elegant and you’ll smile at the bank.

Car Wash

Top Low Capital Businesses You Can Start From Home
Car Wash

Car wash services have been among the most well-known small-scale businesses in Nigeria for quite a while.

The reason for this is that the requirement for car wash services will always be increasing and anyone is able to do this service regardless of the age.

With a bit more capital it is possible to create a car wash service that will is appealing to people who are mobile by setting up a seating area with a TV that your clients can relax as their vehicles are cleaned.

It is possible to make it an additional income stream when you have the space to sell of beer, drinks and other items at the seating area.

The most important thing you need to run a car wash business is the space that could be rented out, the source of water, and a washing machine.

Rental Services

Top Low Capital Businesses You Can Start From Home
Rental Services

There are always things that aren’t available. The things you could stock up on to hire out are canopies, chairs and chairs vacuum cleaners, cutlery and cooking equipment, as well as a musical box, ladder and so on.

The possibilities are infinite. If you’re known to be within this field in your area it is possible that you will not be able to satisfy the demand.

If you have a diverse collection of expensive gadgets as well as equipment could think about utilizing them in a an income-generating side business by hiring the equipment on an hourly basis.

When the business is established then you can expand your things as you learn the things that people prefer renting. Make a brochure, publish an ad in the local paper or on social media to advertise your offerings.

Mini Importation

Top Low Capital Businesses You Can Start From Home
Mini Importation

The internet has changed the way we commerce and trade. Many have found gold by buying products online via eCommerce websites such as Alibaba, Aliexperess, DHgate, global sources and more. With just N100,000, you can begin this business.

What you need to do is find the small essential items that people require; then search these eCommerce websites, and find an agent to purchase the item and deliver it your items to you. You can then sell locally and profit.

Even though the value is declining of the Naira those involved in this industry look happy to their bank.

The items you can import are diverse and include accessories for mobile phones and cosmetics, fashion accessories and more.

Information Marketing

Top Low Capital Businesses You Can Start From Home
Information Marketing

Another internet-based business that has uplfted people from the poverty of Nigeria. If you know something that nobody else knows or have knowledge that others do not have and you are able to present it in a different way, you could be on the way to earning money by packaging the data into an ebook, a report or video and then selling them online.

If you can’t write, you don’t need to worry. The market is vast and opportunities are still expanding. It is not necessary to write the entire thing because there are a lot of websites that can help you.

You can outsource writing via fiverr.com and buy master resell rights or copyrights or rewrite them and then rebrand to the brand of your choice, and then sell!.

Affiliate Marketing

Top Low Capital Businesses You Can Start From Home
Affiliate marketing

This lucrative online money-making opportunity is available to anyone who has very little or no money. Affiliate marketers are people who assists individuals or companies to sell their products and earn commissions.

The products you sell online are digital or physical items. You are able to sign up with the many affiliate programs you want and utilize affiliate links to market the product on social media channels or by establishing special websites.

A lot of Nigerians have Nigerians have become millionaires thanks to affiliate programs.

Website Design and Maintenance

Top Low Capital Businesses You Can Start From Home
Website Design and Maintenance

Many companies, large and small, are moving online. Numerous high net worth individuals, such as the chiefs of corporate companies, and business leaders are using online tools to showcase their personal brand and personal style. This trend has increased demand for web-based designers.

If you can utilize common design tools to develop excellent websites, you’re on the right track to be a successful businessman.

For success, you’ll have to be able to create professional websites, design web graphics, create web pages, and then upload pages to the server.

Other abilities you’ll require will include registration of domain names as well as the way hosting services operate. As you grow in capabilities, you could include domain name registration as well as hosting to the list of services you offer.

Social Media Marketing

Top Low Capital Businesses You Can Start From Home
Social Media Marketing

Social media has emerged as an essential tool that can increase not just the visibility of companies, but also their profits. It is becoming increasingly the primary tool for companies to communicate and persuade their customers, to educate them, and advertise their products and services.

In fact, some forward-looking businesses have a social media strategies as a full-service function within their business, while others outsource this function.

This is the reason there is a need for individuals who have a social media marketing strategy and development expertise.

Utilize this new technology to master the art of making use of Facebook, Twitter, LinkedIn, Online Forums and Blogs to market products or services, and to offer it to the numerous individuals and corporations, as well as small-sized enterprises (SMEs) eager to take profit from the opportunities created via digital marketing.

Food Cart/Mobile Food Business

Top Low Capital Businesses You Can Start From Home
Food Cart/Mobile Food Business

Food is among the basic needs of a human being. So, a food-related business is always a profitable one. It is possible to enter the food industry by using portable food vendors.

The secret to success in this area is to stand out by choosing a special food item, niche, and an industry segment. You can’t be all things to all people. Choose your market wisely, so that the return is greater.

For instance, you could select to serve employees of large companies like banks as well as oil and gas firms and multinational corporations and establish a connection in their HR divisions. They will permit you to bring in food at their time of launch or during specific times of the day.

You can include delivery of special food to executives who are busy as part of the service you offer.

Sports Betting Agency

Top Low Capital Businesses You Can Start From Home
Sports Betting Agency

The popularity of sports betting has become an investment in Nigeria as both the young and old make use of their passion for football to earn money while playing the round game.

This is also the reason why that there has been a rise in the number of companies that offer sports betting.

These betting businesses can’t be everywhere, and that is why they require agents who are directly connected to the best players.

You’ll require a tidy area for office use ( an office space is fine) and an electric generator as well as a computer, printer, and an internet connection and fixtures boards. Then, you will enter into an agency agreement with the book maker of your choice.

For some companies they earn money through three different methods, including board game online, virtual game and the deposits you make for your customers. With N250,000 , you’ll to be in the business, and you’ll soon be smiling at the bank.

Viewing Centre

Top Low Capital Businesses You Can Start From Home
Viewing Centre

The business will continue to prosper for as long as the game of football continues to evolve and the fans persists. The excitement of watching football matches in watching centres is the ridiculous discussion that takes place between fans of opposing teams, although sometimes this can turn nasty.

It is possible to earn a lot of money by setting up football viewing centres in your area. All you require is space that you can carve out of your home or operate out of an rented shop and a TV (large screen is ideal for the purpose the best), DSTV decoder and subscription to the premium bouquet, generator chairs and an adequate lighting.

Watch Low Capital Businesses You Can Start From Home

Additionally, ensure that the area is ventilated. Since games aren’t played daily or even every weekend, you might want to make money from the days you don’t have by adding a game center for your business.

These are only a few some of the highlights of the low capital business you can set up in Nigeria and make alot of money. Although I’ll advise you to make an in-depth analysis into the ideas that before making your decision.

 

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How to start a snail farming business in Nigeria /how-to-start-a-snail-farming-business-in-nigeria/ /how-to-start-a-snail-farming-business-in-nigeria/#respond Sat, 01 Jan 2022 15:41:24 +0000 /?p=9378 Starting a snail business in Nigeria is not as popular. Snail rearing is an excellent type of farming, and it consumes less time. A snail farming business in Nigeria would be profitable for anyone who wants to start. It is also very affordable to set up a snail farming business. 

How to start a snail farming business in Nigeria

Many snail farmers have earned big money in rearing, harvesting, and selling these animals.

However, there are some relevant tips you need to know before going into snail farming.
This article will teach you how to start a snail farming business in Nigeria.

5 Tips to starting a snail farming business in Nigeria

If you are looking for some essential guides to starting a snail farm, I have a list of five tips you should follow. 

  1. Choosing the type of snail you want to rear
  2. Snail housing
  3. Buying of the snail
  4. Snail feeding and breeding
  5. Harvesting the snail
  1. Choose the type of Snail you want to rear

This aspect is an essential factor for anyone in the snail rearing business. The species of snail you want to rear must be suitable for your environment. Different species of snails survive in varying weather conditions. The species of snail you wish to breed must be considered before anything else. I have a list of three different species of snails below;

  • Achatina Fulica
  • Achatina Achatina
  • Archachatina Marginata

All the above species of snail are suitable for farming and commercialization. However, Achatina Achatina is the most commercially favorable snail species in Africa. This species of snails are sizable and can lay up to 300 eggs per clutch.  Achatina Achatina is best for snail farming due to some key factors. Their capacity to yield more offspring puts them as the best option. Starting a snail farm with 2 000 of this species could generate 2.5 million snails in a couple of years. 

So, If you want to start a snail farming business in Nigeria, Achatina Achatina is the best option.

  1. Snail housing’

The set-up of a good snail house on your farm is essential. You need space to avoid overcrowding the snails. Crowded snail houses can make them prone to diseases. There are various ways to construct suitable snail housing. Snails are good at escaping, and you must make sure that you do not leave escape routes in the house. 

Snails are prone to dehydration which can cause dryness of the animal. One of the leading causes of dehydration in snails is wind. This condition means that you should construct the snailries in an environment free from wind. The surrounding of the snail house is also essential.

Keeping the snails close to banana and plantain trees is also advisable. Planting Banana and plantain trees close to the snailries can reduce the effect of wind on the snails. The snail house should also have a soil depth of at least 10 inches. 

  1. Buying of the Snails

After choosing the best snail species you want to farm, purchasing the snails is another aspect you want to get right. The amount of snails you can buy strictly depends on your budget.
The size and maturity of the snail are deciding factors of the price of snails in Nigeria. 

You. You can buy a snail for around N250 to N600 in Nigeria. However, this price depends on the size. Starting a snail business is not as financially demanding as the others. But when starting, you have to buy the number of snails that you can maintain and feed regularly. 

It is advisable to buy healthy snails and lay eggs to increase the numbers on the farm. For this reason, Achatina Achatina ticks all the boxes as it is the best option for commercial snail farming.

  1. Snail feeding and Breeding

Feeding and other general maintenance are crucial for rearing a snail. Snails love vegetables and fruits. Feed your snails with fruits like banana, melon, cabbage, carrot, paw-paw, lettuce, and plantain. They also feed on potatoes, pumpkins, and leaves. 

Calcium supplements are very healthy for your snails. These supplements are vital for the formation of shells. As a snail farmer, you should provide calcium supplements occasionally for healthy purposes.

The laying of eggs is very vital in rearing snails. When mating occurs in spring and summer, you should prepare suitable soils for the egg-laying period. The soil should have the right temperature and humidity. The appropriate soil for rearing snails should have the following characteristics;

  • Sandy-loamy soil
  • The soil must have water holding capacity
  • The soil must not be acidic or clayey
  • Snails must not be reared on waterlogged soils
  1. Harvesting the snails

The final stage in snail farming is harvesting your snails. The best time to sell your snails is when they have attained maturity. Snail maturity can take around six months to be ready for consumption. 

It is advisable to harvest the snails only when they are matured. Also, you should not sell all the matured snails at one time. Keep hold of some matured snails for breeding purposes.

The consumption of snails is growing widely popular, and the demand is increasing. Snail farming can be very lucrative if you do it the right way.

The five stages I have highlighted can assist you in starting a snail farming business in Nigeria. This business may not be as popular as the others. But it is less expensive to kickstart and can be very lucrative at the end of the day. 

Snail business also has a low risk because it consumes less money and time. Young entrepreneurs can venture into this business very quickly.

The following section will discuss the financial demands of starting a snail farming business in Nigeria. 

How much does it cost to Start a Snail farming business in Nigeria?

Starting a snail farming business is not capital intensive. The amount of money you need to start this business depends on how large you want the snail farm. You can start a snail farming business in Nigeria with about N80, 000 to N100 000. 

This investment would undoubtedly yield a lot of income at the end of the day. With this starting budget, you can produce up to a million snails in one year. A high yield of snails annually can generate a lot of income. You can also get a return on your investment as soon as possible.

Is the Snail farming business worth it?

The snail farming business in Nigeria is a great opportunity. Although it is not common, snail farming is a very lucrative business idea. These animals are in high demand as many people consume them as meat. Hotels, restaurants, and fast foods are among the biggest buyers of snails. You have a long customer list to sell if you want to start a snail farming business in Nigeria</strong>.

Snail farming can earn you a lot of income, even when starting with small capital. The annual demand for snails is 7.5kg million every year. It is a massive opportunity for you to grow a business with this type of farming. 

On the international scene, snails are in high demand. Countries like the USA spend close to $4 million on snails every year. Europe is also another big fan of these animals. The chance to export snails is an advantage to farmers rearing them. 

The general high demand for snails shows it is worth the time, money, and energy to invest in farming.  You do not have to start big, but you can grow your business with the suitable species of snails on your farm.

Pest and disease of Snails

A healthy living for snails is vital to having a successful rearing experience. To effectively rear snails, you have to be aware of the dangers of pests and diseases. Avoiding pests and diseases on your farm is crucial to the survival of the snails. 

Ants are the most dangerous threats to the survival of snails. Pests like lizards, snakes, termites and turkeys, and chickens can prey on your snails. Keeping your farm free of these pests is essential to avoid attacks on your snails.  

Snails can get sick and infected with diseases. The body system of the snails can get attacked by worms and other bacteria. Proper treatment and medication can prevent them from dying. However, it is better to avoid or prevent them from contracting diseases from worms and other bacteria.

So, this is all you need to know about how to start a snail farming business in Nigeria. If you want to know more about this article, check out the ‘Frequently Asked Questions and Answers” section below.

Frequently Asked Questions and Answers 

How much can you earn with snail farming?

The snail farming business is lucrative. You can make hundreds of thousands or more with this business. If you produce 100 000 snails in a year and sell them for N300 each, it amounts to 3 000 000. Earning 3 000 000 a year is a massive income on your profit. It is also affordable to start and easy to breed. 

How long does it take for snails to mature?

Snails are matured for consumption from the sixth month. However, the maturity cycle starts from the six weeks when they reach sexual maturity. Here are the complete stages of snail maturity. 

Birth – Sexual maturity – Mating – Gestation – Egg hatching. 

Where are snails found?

Snails are found in different environments. Their habitats include gardens, fields, riverbanks, suburbs, forests, streams, and jungles. 

Where should I buy snails for my farming business?

When purchasing a snail for your farm, it is advisable to source from deep forests and snail farms.  Snails from the local markets and cities are mainly meant for consumption. 

Conclusion

Snail farming is one of the safest options for young entrepreneurs considering costs and other factors. Between December and March, snails are expensive due to the dry weather. It is more appropriate to begin your snail farming during the rainy season. You can start a snail farming business at your house before expanding as time goes on. 

Also, the species of snail you choose will be vital to the success of your business. In this case, Achatina Achatina is the most valuable option. This species is productive and suits the commercial purposes of snail farming.

So, I hope this article has shown you how to start a snail farming business in Nigeria. Get to work and tap into one of Nigeria’s most beneficial types of farming.

Please share this post with your friends and families if you found it helpful.

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