Business centers are booming – in the sense that they offer
quick returns on investment - in many of Nigeria’s Universities, polytechnics
and colleges of Education owing to the kind of environment they offer which
promotes mainly photocopying of documents, printing and internet services for
the teeming student population.
The Opportunity
There are at least 150 polytechnics in Nigeria and almost
120 universities with even more likely to be established in the coming years as
the population of Nigeria increases plus the need to have more tertiary
institutions closer to the average Nigerian. This can only mean that
opportunities exist for many more business centers to be set up.
But Universities are not the only places offering
opportunities to potential business center owners. You may want to take a look
at shopping malls in Abuja and around very busy commercial districts to
understand that many people require the services of business centers for their
various official needs. I may have a laptop but not a printer or I may have
documents to type but not the time to do it where else can I check for these
services?
Services and Potential
Income
Business centers render a number of services such as;
photocopying of documents, printing, typesetting, desktop publishing, spiral
binding, scanning and even internet café services. Income generated varies
depending on location and price charged on services rendered but to be a little
conservative we could be looking at not less than NGN 4000 per day with net profit
margin at 30% of sales that could mean from photocopying alone one could make
not less than NGN 36,000 per month.
Marketing Strategy
A few smart business center operators adopt very sensible marketing
strategies to reach their potential customers. Imagine that you operate a business
center in a very busy institution like a University or polytechnic where there
are many other business center operators what can you do to outshine the
competition and make sales? The strategy you adopt is what will determine
whether or not you’ll make profit.
Startup Requirements
If you want to do this business on a small scale you could
start with just doing photocopying services only then migrate to other related businesses
as you expand. A small space measuring 2
square meters is okay for a start and then you could look for a new location
where many customers could easily find you.
Required for starting a mini business center in Nigeria
Photocopying Machine – NGN 50,000
Chairs and Tables – NGN 10,000
A4 papers – NGN 1,000
Rent – NGN 60,000
Others – NGN 30,000
Total – NGN 151,000
Want to write a professionally acceptable business plan? Call for details: 0803 206 4106
You forgot to add the most important thing of the business center...COMPUTERS. Also add laminating machine, Passport Photo printer, Binding machine, Plastic ID card Printer, and if you wanna look more sophisticated then you acn add DVD/CD Duplicator and DVD/CD Label Printer
ReplyDeleteThe only thing missing there is a computer system, very important for typesetting, which of cos goes with a small printer.
ReplyDeletewell, the most important thing missing there is Generator.......how can you power those equipment....with the epileptic power supply we are have nawa days..
ReplyDelete