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BUSINESS START-UP
      TIPS
             BY
       ANGELA IHUNWEZE
 CONSULTANT/BUSINESS PLAN WRITER
           080 33280453
TOPICS
   How to gather relevant information needed to
    start up a business
   How to incorporate your business
   What is a successful business?
   Reasons why small businesses fail
   Breaking the barriers to starting a business
   Managing a successful business in Nigeria
How to gather relevant information needed to
            start up a business
   Entrepreneurs running similar businesses.
   Books and other related information products
    on similar business, both for technical and
    management knowledge
   Attending trainings in form of workshops and
    seminars
How to incorporate your business
   Create a name
   Go to the nearest Corporate Affairs
    Commission office in Nigeria or any in your
    country responsible for such duties.
   Once your name has been approved
   You can register as a venture or partnership or
    Ltd company
What is a successful business?
A successful business is a business that is well
planned and executed and achieves the goals
and objectives of its creation
Reasons why small businesses fail
   Wrong mindset, which can adversely the business
   Failure to carefully research the market, the business
    as a whole
   The entrepreneur is in it for the wrong reasons
   Failure to plan
   Failure to adhere to the plan and also adjust the plan
   Acts of God
Breaking the barriers to starting a business

   Thorough research of the industry you intend to do
    business in should be done.
   A realistic business plan should be written.
   Search for good mentors that will guide you as you
    start.
   Belonging to a trade association of related business
    can help cushion the challenge of starting the
    business
   Maintaining a positive and result oriented state of
    mind is key
Managing a successful business in Nigeria

   Be abreast of what is happening in your
    industry and the environment at large.
   Keep on innovating as trends evolve
   Build the right relationships with those in the
    private and public sector
   Keep on training, yourself and staff
   Always keep a conservative approach on cash
    management, there must always be reserve
Thank you
We offer seminars on;
.From idea to business’ on Saturdays.
.Business plan tutorials on Tuesdays.
  Email angelaitambo74@yahoo.com or visit
  www.angelaitambo.com.ng to know the dates
  and venue. Thank you
Thank you
We offer seminars on;
.From idea to business’ on Saturdays.
.Business plan tutorials on Tuesdays.
  Email angelaitambo74@yahoo.com or visit
  www.angelaitambo.com.ng to know the dates
  and venue. Thank you

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Business start up tips

  • 1. BUSINESS START-UP TIPS BY ANGELA IHUNWEZE CONSULTANT/BUSINESS PLAN WRITER 080 33280453
  • 2. TOPICS  How to gather relevant information needed to start up a business  How to incorporate your business  What is a successful business?  Reasons why small businesses fail  Breaking the barriers to starting a business  Managing a successful business in Nigeria
  • 3. How to gather relevant information needed to start up a business  Entrepreneurs running similar businesses.  Books and other related information products on similar business, both for technical and management knowledge  Attending trainings in form of workshops and seminars
  • 4. How to incorporate your business  Create a name  Go to the nearest Corporate Affairs Commission office in Nigeria or any in your country responsible for such duties.  Once your name has been approved  You can register as a venture or partnership or Ltd company
  • 5. What is a successful business? A successful business is a business that is well planned and executed and achieves the goals and objectives of its creation
  • 6. Reasons why small businesses fail  Wrong mindset, which can adversely the business  Failure to carefully research the market, the business as a whole  The entrepreneur is in it for the wrong reasons  Failure to plan  Failure to adhere to the plan and also adjust the plan  Acts of God
  • 7. Breaking the barriers to starting a business  Thorough research of the industry you intend to do business in should be done.  A realistic business plan should be written.  Search for good mentors that will guide you as you start.  Belonging to a trade association of related business can help cushion the challenge of starting the business  Maintaining a positive and result oriented state of mind is key
  • 8. Managing a successful business in Nigeria  Be abreast of what is happening in your industry and the environment at large.  Keep on innovating as trends evolve  Build the right relationships with those in the private and public sector  Keep on training, yourself and staff  Always keep a conservative approach on cash management, there must always be reserve
  • 9. Thank you We offer seminars on; .From idea to business’ on Saturdays. .Business plan tutorials on Tuesdays. Email angelaitambo74@yahoo.com or visit www.angelaitambo.com.ng to know the dates and venue. Thank you
  • 10. Thank you We offer seminars on; .From idea to business’ on Saturdays. .Business plan tutorials on Tuesdays. Email angelaitambo74@yahoo.com or visit www.angelaitambo.com.ng to know the dates and venue. Thank you