What is a small-scale business?
A small-scale business is any type of business that requires less capital and human effort with low investment or capital involved.
Small-scale businesses in Nigeria don’t need a lot of labor force, and this type of business does not require much or little technical involvement. With the above explanation, we should be able to proceed to the next section.
also, check out these people you should never employ
What small-scale business is best for beginners?
Although there are many small-scale businesses you can start in Nigeria with little or no capital and best for beginners who are just beginners,
. pos business
Pos business is a business that almost anybody can start anywhere in Nigeria and make a maximum profit with little money to pay your customers. Consider that your startup capital.
How to start a pos business
.register your business name with CAC.
.Open a business account with your preferred bank or financial agency like Opay, Palmpay, and more. See the list of financial agencies in Nigeria.
.Get a good location and set up your shop. You can probably use a stand if you can afford a brick shop.
Have a low charge because one of those things that chase people away is high charges on their transactions.
.Be trustworthy and nice.
How to grow a small-scale business in Nigeria
After you have set up your small-scale business, do you feel that’s the end? No, you need to grow your business for you to gain exposure and make a profit, and below is a list of ways to grow your small-scale business.
1. develop a business plan
2. Establish an online presence for your company.
3. offer after-sales support.
4. provide after-sales service
5. do a giveaway
