Lagos City has been a green pasture destination for many Nigerians as a place they can relocate to, spend some years, put in some hard work and make money. The success and breakthrough of some Lagosians have inspired so many to make that fast decision and relocate to the City.
Here in the city, we have corporate workers, business people, traders and Government workers. All these category of people form the people that desire to have multiple chains of businesses to make ends meet.
To open any profitable small business in Lagos city, there are some surveys and investigations one needs to embark on before starting. At least before you commence, try and answer these underlisted questions below:
- What type of business do you want to venture into?
- Do I have knowledge about the business?
- Do I need training about the business?
- Is it a service oriented business or product sales business?
- Do you know where you can get the product in wholesale prize?
- Is the service or product on high demand?
- Where do I want to locate my business? Online or a physical shop.
- How much basic capital do I need to start?
- Do I have such capital or can I easily get it?
- As a working class will I have time for the business?
If you answer the above questions satisfactorily, then you can be rest assured your journey into venturing in any small business is set.
What are those small businesses one can venture into here in Lagos City that can be sustained overtime and continue to grow? Don’t forget the success of any business depends on the hard work and strategy deployed for its growth. Below are some small businesses one can venture into with small capital, be it service or product oriented:
- Cooking gas business
- Hair braiding/saloon
- Hair/wig tools
- Food condiments
- Make up personnel
- Foot wears (unisex)
- Web designing
- Fashion designer
- Blogging
- Graphics designing
- Phone/laptop technicians
- Baker
- Event manager
- Social media manager
- Resource person/manager
- Season’s greetings Card designer
- Drop shipping
- Clothing business
For the purpose of this article and for our dear readers, we will select one type of business and give basic explanation and guide on how to start it. We choose to throw light on having an online Hair/Wig tool business.
Online Hair/Wig Tool Business
These are simply the tools and materials used to maintain human hairs. Things like Wig head (mannequin head), Hair (Sew-in Extensions), Wig Stand or Tape, Needle & Thread, Hair Glue & Blow Dryer or Hot Glue gun & Sticks, Adjustable Dome Wig Cap, Wig Combs, Wig band, Scissors, Lace Frontal glue, shampoo, hair cream etc. All these materials you can get at affordable rates from an importer or wholesale dealer.
You must not buy in bulk, you buy in small retail packs and stock them at home while you snap and post on your social media handles on Instagram and Facebook for potential buyers.
All you need is an android phone, open your social media handles for your online presence, at least N300,000 will get you a touch of all those materials listed above and finally a delivery mechanism for your buyers. You will have to be creative as to how to make your online presence known to the public, through paid advert boosting on social media and face to face publicities.
With these basic arrangements, you are set to go live with your online hair/wig tools business.
In our subsequent articles, we shall be featuring other specific businesses one can venture in Lagos City and beyond. We hope it inspires you to make that decision and start. Delay can be dangerous.
