Starting a small business

[akinlolu99]

Starting a small business in my country is not easy but the truth is starting a business generally is not easy either no matter the type of business you want to start you need to be ready and prepared for the business because the not matter the business that one wants to get into you need to plan and make sure the plan is full proof.

 

[Chibson]

in a situation whereby you have not been to business before then it is probably advisable for you to start a small business because from there we have business experience and you can handle a big business.

 

[kayode10]

Nigeria does not create a favorable environment for small scale business to thrive. There are numerous fee to be paid by anyone who wants to start a small-scale business in Nigeria. Funds are not also for the entrepreneur who are ready to engage in setting up business.

 

[Lens]

There is no two ways to doing business online than raising capital first. The capital will help you set your business on the winning path. But when you struggle with the start up capital it will be very difficult to strive

 

[eLdavis]

That's absolutely the main point,starting small will develop one's business ideas and when the person upgrades to big business they'll become very successful.

Exactly, this is one of the reasons why you see most managers of big business or business owners, find it hard to cope with the business, as they just decided to go fora big business without any knowledge or experience. They begin to crash.

 

[Senator]

You will also need to factor in the epileptic power supply problem people face in such circumstances. It makes matters even worst for a new startup

 

[Snazzy001]

Starting a small business in Nigeria can be challenging even within yourself because you will keep on battling at the stage where you doubt if the business is worth it or not
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Starting a small business in Nigeria can be challenging even within yourself because you will keep on battling at the stage where you doubt if the business is worth it or not

 

[Sotherefore]

There are different types of small businesses ,$100 can start up a small business for you and $500 can also start up a small business ,it all depends on the size of the small business.

 

[Kelly5]

The most common concern shared on how difficult it is to start business in Nigeria is the epileptic power supply one has to deal with to survive. This alone can affect a business immensely

 

[Alexandoy]

The most common concern shared on how difficult it is to start business in Nigeria is the epileptic power supply one has to deal with to survive. This alone can affect a business immensely

Power is a basic requirement not only of the homes but also of businesses. If there is no stable supply of electricity then your business should not be dependent on electricity. It is risky to have a business of selling ice cream or selling ice because when there is no electricity the business will not move.

 

[Kelly5]

Power is a basic requirement not only of the homes but also of businesses. If there is no stable supply of electricity then your business should not be dependent on electricity. It is risky to have a business of selling ice cream or selling ice because when there is no electricity the business will not move.

Yeah. That should make one to begin to resin of other practicable alternative businesses that will have to cut out dependency on power supply to. I think there are a couple of them to explore anyway

 

[Setfragil]

It is a thing of joy to have something that you can call your own no matter how small it is. Most businesses that are big today starts from somewhere before they get to where they are now.

 

[Jlife]

It is a thing of joy to have something that you can call your own no matter how small it is. Most businesses that are big today starts from somewhere before they get to where they are now.

It is not all business that are big today that started as a small business, most people who have good amount of money will rather start up a serious business at once rather than growing in from small.

 

[Mostee501]

Exactly, this is one of the reasons why you see most managers of big business or business owners, find it hard to cope with the business, as they just decided to go fora big business without any knowledge or experience. They begin to crash.

That's absolutely true,that's why even though someone has large funds to start a big business and they don't have much experience,they're always advised to start small first.

 

[Setho]

It is actually a very sad thing as due to the lack of employment a lot of people are not turning to small-scale businesses to survive but the government is making efforts to not make it work.

 

[jeff87]

Starting a small business in Nigeria has never been easy considering what you’d have to go through to raise business capital towards setting up and running a profitable business. Basically, it’s all about money money money! No Bank in Nigeria is willing to help small scale businesses, and Government seems to have no plan whatsoever for the citizens who needs business start up capital.

If you are contemplating any business, you are on your own if you don’t have enough money to finance it. The worst part of it all is that most potential profitable small businesses in Nigeria needs much amount of money to get it started — most times, far much beyond what average Nigerian small business aspirants can afford.

That is really a very very big money problem. I believe in business money or the capital is really needed. Without the capital the ideas and passion that you have will die down.

 

[eLdavis]

That's absolutely true,that's why even though someone has large funds to start a big business and they don't have much experience,they're always advised to start small first.

Exactly, most persons tend to feel bad or feel ashamed when starting a business in a small scale, this is why most persons even without the experience want to start up big, just so they can keep up their social standards.

 

[Mostee501]

Exactly, most persons tend to feel bad or feel ashamed when starting a business in a small scale, this is why most persons even without the experience want to start up big, just so they can keep up their social standards.

You're absolutely right and they don't know that it's beyond social standards,it's a life long investment which should not be played with.

 

[Senator]

Though starting a small business in Nigeria comes with a lot of challenges from infrastructure lack to lack of social amenities to help, one still have to find something to do amidst all of this

 

[Setfragil]

It is not all business that are big today that started as a small business, most people who have good amount of money will rather start up a serious business at once rather than growing in from small.

I said most businesses not all businesses. It is a thing of joy to be able to own something that you can call your own, no matter how small it is. Wanting to start a business big is what makes some people to end up not having any business to their name up to this moment.