NewStats: 3,263,637 , 8,180,880 topics. Date: Saturday, 07 June 2025 at 01:54 AM 2v6e27

godblessuyirich:
Good evening sir, I am into a very good biz, and ve been looking for investors and partners. been into it now for 7yrs.i will seen u a mail.

Abeys1:
We mine and sell industrial mineral (potassium feldspar) to ceramic companies and we presently have a special other on a value chain. Our customer pays between 2-5business working days after goods are delivered.

Returns on investment is open to negotiations. Intending investor would be furnished with further information upon request.

Needed investors not more than 2 but preferably 1 if he/she has capacity.

me if interested:
[email protected]
WhatsApp: 08128362341

Mide3367:
check my signature for my details. I am a cat fish exporter.

Are you still actively involved in export of smoked fish?

How many cycles have you done so far and to which country?

sammiesent:
Hi, Business Man ,Woman Or Founder
I want to make you an offer that you can refuse, but I’m going to try my best to persuade you not to...

My name is Sammie, I help Businesses deposit 2-5x more $$$s into their checking s each month.

But the way I do it is a little different than what you’re used to...

Let me explain.

I’ll help you rank on page 1 for google for $5 - either this helps you get more clients (and you make more money) or I’ll return $5 to you, give you an extra $50 (on top), and give you a FREE SEO audit (value: $197)

Today I’m reaching out to a few people I’m confident I can generate BIG wins for and giving them the opportunity to snag up this limited time offer before it’s gone. I only take on 15 new clients a month, 13 spots are already booked, but you could be the first one on my list for the last spot.

So can I light a fire under your sales and make you MORE $$$’s?

I don’t need anything from you. I already know your target market. What makes them light up with desire. Tick. Wince in pain at 3AM. Everything.

All I need is you message me here in whatsapp +2347066438525

and type continue for the “basic”, and my partner will set you up

Then we’ll get to work,

Deal?

Reply with a “ yeah, let’s do this” right now.

{Sammies}
Sales Generating Machine

About this gig
We're a team of SEO Experts in Melbourne working with businesses worldwide to get the best out of the online world. We have got delivered gigs to more than 24,000 Customers since 2011.

Hi, you sent me a PM.

How can I help you please?

udumakalu:
Good morning , I typed this with heavy heart and well-up tears. I entered into a POS business around October 2021 with a young man called Jacob Ayuka in which I provided the cash of N300000 for transactions while he raise the tent and also purchased the POS machines. Our agreement was that we split the profits weekly after deducting the running cost. The money I provided was a loan I collected from a bank to give hoping to pay back through the profits we are making. As weeks gone by the business began to pick up and we started making good profit which I only enjoyed twice even pluck the profit back into the business to which increased the capital to N323000. By second week of November I began to notice shortage of fund both online and cash at hand. I enquired from him why the shortages he began to conjure up many lies that network pends so many transactions he did and that he called the customer care lines was told to wait for 48hours for reversal. I foolishly believed him. After 48hours I enquired from him through a phone call because I travelled, about the reversal he told me that they haven't still reversal the money. I became suspicious and decided to cut my journey short. When I returned went straight to the shop and only found our worker there and I enquire about the money for transactions, she told me there was no money both at hand and online. I was shock I called Jacob line was switched off. I was told by the girl that his lines were off and he went for an errand so will soon return. I waited till he return and asked him about the capital he began to blab and that he ran into problem with bank and so used the money to settle the bank. I was mad and got police to arrest him. The police collected N10000 from me to the case and asked me to drop additional N5000 for his feeding. Which I borrowed to do. After three days was called by the police to come. Getting there saw other people who also claimed he took various money from them both for transaction or to be part of the business. The police told me that they brought N100000 and the money is to be shared among 5 of us that brought complains. So I was given N20000 and was told that someone has stand as a shorty for him and was promised January 2022 for all the debts to cleared off. By January ending, i returned to the police station, was told to come back by March as that no money was brought to them. Ever since I have been going to the station, the police will tell me to go and wait for their call. I later found out that the shorty was a at the area court and a young brother to Jacob's father. Jacob is no longer within my local government ever since he was bailed. I found out that he is in zing local government in Taraba State. Every time I call him, does not pick my call nor return it. The bank where I collected the money are on my neck, and I don't even have money to take the case to court. Please I need help on where to locate this wicked soul at zing or any other place.

I feel your pain.

Trust me, the biggest financial mistake a person can make in Nigeria is to take a loan to invest in a business that is not been managed directly by him/her!

thobbierulz:
To live a Good life especially in this current economic climate, one source of income isn’t going to cut it.
 It is important now more than ever to increase your streams of income. One way to achieve this is through income investment. Many of us are engaged or have been engaged in one type of income investment or another while some of us have not. Either way you can share your journey and insight with me while learning one or two things about the opportunities in income investing by taking out a few minutes to fill this survey.
 Thank you in advance for your time and good luck with your finances.

https://docs.google.com/forms/d/e/1FAIpQLSf2_GPHnp7SQEWu9VFDrPLhx5cGQJ6Z63jTperwsqF-ZMYBIA/viewform

Ok

Mide3367:
check my signature for my details. I am a cat fish exporter.

OK...I will

Thank you

I'm have received an offer for collaboration with a fish farmer for export of dried fish and snails

Is there anyone who has being involved in export of dried fish and snails before.

What are the things I need to be aware of?

Do not be in a hurry to invests and do not allow yourself to be rushed

When making an investment do not allow yourself to be rushed into making payment. Always take your time to make your enquiries and review them where necessary.

You need to bear in mind that if you make payment to the wrong or fraudulent person you may not be able to recover your money.
I will give you an instance, in some instances where the business promoter feels that the investor may not want to invest if he were to get hold of some unfavourable information about the business he will try to put an undue sense of urgency into the transaction by trying to rush you into committing funds to the business.

It could also be a situation where all the expenses of the business have not been properly disclosed to the investor. In such a situation the final profit will be much less than what has been disclosed.
The reason for rushing you into the making the investment is because the business promoter is aware that the investor is probably considering other investments and will likely base his final decision on profitability.

Ultimately if the investor become aware that the actual profit is much less he will likely shift his attention elsewhere therefore in order to avoid this the business promoter will try to rush you into releasing money by coming up with some spurious excuse about deadline or some other excuse concerning scarcity of raw materials etc and a need to speed up the investment process.

He could also come up with several other reasons but the objective is usually to stampede you into making the investment – Don’t fall for it!
Take as much time as you need to do a proper review of the investment opportunity and the dynamics involved before you make a commitment.

...to be continued next week

Do not be in a hurry to invests and do not allow yourself to be rushed

When making an investment do not allow yourself to be rushed into making payment. Always take your time to make your enquiries and review them where necessary.

You need to bear in mind that if you make payment to the wrong or fraudulent person you may not be able to recover your money.
I will give you an instance, in some instances where the business promoter feels that the investor may not want to invest if he were to get hold of some unfavourable information about the business he will try to put an undue sense of urgency into the transaction by trying to rush you into committing funds to the business.

It could also be a situation where all the expenses of the business have not been properly disclosed to the investor. In such a situation the final profit will be much less than what has been disclosed.
The reason for rushing you into the making the investment is because the business promoter is aware that the investor is probably considering other investments and will likely base his final decision on profitability.

Ultimately if the investor become aware that the actual profit is much less he will likely shift his attention elsewhere therefore in order to avoid this the business promoter will try to rush you into releasing money by coming up with some spurious excuse about deadline or some other excuse concerning scarcity of raw materials etc and a need to speed up the investment process.

He could also come up with several other reasons but the objective is usually to stampede you into making the investment – Don’t fall for it!
Take as much time as you need to do a proper review of the investment opportunity and the dynamics involved before you make a commitment.

oscarvicto:


I have 7 years experience on complete value chain of rice. From planning, harvesting , milling, de stoning and bagging

I

In your opinion which state in Nigeria has the best quality locally produced rice?

Inteltower:



well Sir in our Forum we have such entrepreneurs with such businesses you are looking for to invest. kindly the platform & we will further guide you on what to do

The link you posted is not working.

Please ask entrepreneurs who meet the conditions outlined on the first page of this thread to me.

I will not deal with a middleman

The business must have been in operation for about 24 months or 18 months at the very worst.

It must also have a dedicated bank .

It must be based in Lagos

Proposals should be sent to this email:-
[email protected]

to ask all necessary questions
Do not make any assumptions when considering making an investment in a business. It is usually very difficult to retrieve your money once you have made a transfer to an investee especially if it turns out to be a bad investment therefore you need to be absolutely sure that you are not dealing with a scammer or someone who is genuine but is incompetent or making bogus claims.
Before you make an investment or financial commitment make sure you ask all necessary questions and obtain safisfactory answers before you proceed.

Personally for me if I notice that the person is reluctant to provide answers or does not know the answers to questions about the business I just back off and walk away from the deal.

Some of the questions you need to ask are:
- How long has the business been in existence?

- Is it an incorporated business or ed business name? (This question is very important)

- Does the business have a dedicated business bank ?

- What service or product does the business sell to the public?

- How do clients make payment?

- Does the business sell on credit?

- What are the controls in place to make sure there are no leakages?

- What are the immediate future growth plans for the business?

- Why does the business need additional capital?

- How much has the promoter committed to the business?

- Will the new cash to be invested be classified as a loan or equity?

- What is the agreed interest rate or dividend?

- What will be the exit strategy for the investor? (if any)

The questions I have listed are not exhaustive so you can come up with other questions that will give you and insight on the type of business under consideration.
The general idea is for you to have a view of the business that will enable you assess the risks involved and thereby make an informed decision.
Do not take all the answers you receive as the gospel truth. It is your responsibility to do an independent check or verification of your own based on the answers you receive.


...to be continued next week

to ask all necessary questions
Do not make any assumptions when considering making an investment in a business. It is usually very difficult to retrieve your money once you have made a transfer to an investee especially if it turns out to be a bad investment therefore you need to be absolutely sure that you are not dealing with a scammer or someone who is genuine but is incompetent or making bogus claims.
Before you make an investment or financial commitment make sure you ask all necessary questions and obtain safisfactory answers before you proceed.

Personally for me if I notice that the person is reluctant to provide answers or does not know the answers to questions about the business I just back off and walk away from the deal.

Some of the questions you need to ask are:
- How long has the business been in existence?

- Is it an incorporated business or ed business name? (This question is very important)

- Does the business have a dedicated business bank ?

- What service or product does the business sell to the public?

- How do clients make payment?

- Does the business sell on credit?

- What are the controls in place to make sure there are no leakages?

- What are the immediate future growth plans for the business?

- Why does the business need additional capital?

- How much has the promoter committed to the business?

- Will the new cash to be invested be classified as a loan or equity?

- What is the agreed interest rate or dividend?

- What will be the exit strategy for the investor? (if any)

The questions I have listed are not exhaustive so you can come up with other questions that will give you and insight on the type of business under consideration.
The general idea is for you to have a view of the business that will enable you assess the risks involved and thereby make an informed decision.
Do not take all the answers you receive as the gospel truth. It is your responsibility to do an independent check or verification of your own based on the answers you receive.


...to be continued next week

Inteltower:


Seeking for a business to Invest/looking for funds to start a business; our platform. Indicate interest below
https:///Cxd8IFLF4wAJ4NHWjPW411

meet with startup entrepreneurs in our whatsapp forum

I no longer invest in startups cos the probability of failure is much higher with attendant loss of capital.

I prefer to invest in young profitable companies that have reached at least 3 years but require additional infusion of funds to scale up their operations.

I promised to provide some pointers to would-be investors on what to look out for before making an investment.

The first in the series will start today.

Enjoy reading...

Always do due diligence before investing

The importance of doing a due diligence before making an investment cannot be over-emphasized. Be sure to whatever the business promoter tells you. Do not make any assumptions. You have a right to obtain all relevant information since you are planning to stake your money in the business which in effect means you will be exposing yourself to the loss of capital.

Part of the things you need to check is to be sure that the business owner actually has the competency and experience to run that business.
One of the biggest mistakes you can make is to put your money in a business where the principal owner does not understand the business or where he does not fully understand the trends in the business yearly cycle.

The learning curve will be much longer and the risk of loss is higher.
Always ask for evidence of past performance of the business. The best place to get this is from the bank of the business.
Do not rely solely on internal records of the business owner because this can be manipulated to give the impression that there is an on-going business.

When reviewing the bank statement look out for payments from customers and clients and also payments to suppliers and other creditors. The bank statement does not necessarily need to have a large closing balance but it should have regular transaction flow which indicates presence of business activity.
The bank statement will also show you exposure of the business to external debt which you need to be aware of before you put in your money.
If the business has a large debt profile which it cannot justify by either presence of physically assets and the profit margins are very thing it’s best to walk away from the deal.
Other things you need to check for are:

- Licences and authorization to carry on a business

- Contracts between existing business partners

- Competitors to the business

- Review cycle of flow of cash in the business and internal controls to be sure there are no leakages


Please feel free to send in any questions you may have.

I promised to provide some pointers to would-be investors on what to look out for before making an investment.

The first in the series will start today.

Enjoy reading...

Always do due diligence before investing

The importance of doing a due diligence before making an investment cannot be over-emphasized. Be sure to whatever the business promoter tells you. Do not make any assumptions. You have a right to obtain all relevant information since you are planning to stake your money in the business which in effect means you will be exposing yourself to the loss of capital.

Part of the things you need to check is to be sure that the business owner actually has the competency and experience to run that business.
One of the biggest mistakes you can make is to put your money in a business where the principal owner does not understand the business or where he does not fully understand the trends in the business yearly cycle.

The learning curve will be much longer and the risk of loss is higher.
Always ask for evidence of past performance of the business. The best place to get this is from the bank of the business.
Do not rely solely on internal records of the business owner because this can be manipulated to give the impression that there is an on-going business.

When reviewing the bank statement look out for payments from customers and clients and also payments to suppliers and other creditors. The bank statement does not necessarily need to have a large closing balance but it should have regular transaction flow which indicates presence of business activity.
The bank statement will also show you exposure of the business to external debt which you need to be aware of before you put in your money.
If the business has a large debt profile which it cannot justify by either presence of physically assets and the profit margins are very thing it’s best to walk away from the deal.
Other things you need to check for are:

- Licences and authorization to carry on a business

- Contracts between existing business partners

- Competitors to the business

- Review cycle of flow of cash in the business and internal controls to be sure there are no leakages

Welcome back from the lockdown, I hope we can all pick up the pieces and proceed with our lives

Starting from Sunday, I will be sharing some pointers based on my personal experience what I think you should look out for when making an investment in a small company.

I'm still open to investing in good and viable business ideas that have been tested so if you have any let's hear it

lonelygem:


Appreciate your spirit of commitment so far, permit me to this for the purpose of survival of this great gesture.

In investment plans, good evaluator would sustain that there are several areas at which the business owners stake their commitment and sacrifice for the business which will mention but a few.

INSURANCE, any sustainable business proposal will constantly indicate commitment through the comprehensive insurance package which is one of those security the investors can bank on should anything happen, it's simply a matter of following up with the insurance coverage to evaluate the safety of investment.

ASSETS. An entrepreneur who has scale through the process of asset declaration and has provided audited statement with current tax clearance from relevant authority has really scale through some.height of commitment and has demonstrated competence to a certain extent. If our country happened to well structured, such entrepreneur is entitled to disaster bailout in an obvious case of imbalances and business collapse.

To save the time, potential investors needs to really understand certain process of evaluating an entrepreneur beyond asking her to provide 60% of the entire investment. No entrepreneur with financial means of 60% of entire investment would want to expose his or her business to a third party and through some of these...

In reality, 80% investors and entrepreneur cannot scale through the stress of obtaining a valid tax clearance certificate, not many Nigerians have a plot of land in his or her name, I feel so agitated that a potential investor would look than on an entrepreneur who already have plot of land with genuine document and already in good tax evaluation with Nigerian government despite the hardship melted on Nigeria investors.

Only foreign investors are wooed with tax holidays, indigenous business owners are never placed on tax holidays, despite that we struggle to have our heads beyond the tides..

In short, many factors constitutes credibility in business management settings and not just that physical cash alone...

My humble piece..

From an investors point of view putting money in a business goes beyond just having insurance, assets and cash.

The promoter has to have a workable model and that includes having a business idea which will bring in a constant flow of cash in order to payback the investment and also provide profits.

You mentioned insurance a means of providing comfort. There is no single insurance policy anywhere that provides coverage against all perils. What you may have is insurance on assets, insurance against lost of profits, fiduciary insurance or insurance against theft.

It is next to impossible for a start-up company to be in a position to pay for all these insurance policies at the same time.

Another point you mention is assets, It's not just enough for the promoter to claim he has an asset to be used as security for the funds from the investor. It is important to be sure that the assets has good title which rests in the promoter or his business, and that the asset is in a location that has commercial value.

Concerning the issue of equity contribution by the promoter you are of the opinion that asking the promoter to contribute 40% of the equity is high.

Personally I would peg the minimum equity contribution from the business promoter at 30%. If you have a good business idea and you are not ready to bring in at least 30% of the equity it means you're running away from risk which invariably suggests that you're not even confident the business will succeed.


Having said all this I still maintain my stand - I will NEVER again invest in any start-up with less than 18 months period of operation except in very special circumstances.

Cheers

olisaEze:
Pastor y u nor drop dis building for Ekpoma na, as per alma mata tins? Meanwhile d one ure still wearing ur wedding band, na spirit wife u get?

Just asking for a friend....

He has built it where he wants to. Let's respect that

Donbrig:
This gigantic project cost 1 billion naira, just imagine if FG had executed same project or awarded it out.. 10billion naira would have been manageable to do such project. I weep for Nigeria.

Jilingori:
We began to use mobile phone in 2003 so most information could not be kept,and then business was not as easy as now,then the small scale business find it hard to spread onlike now.i have ed my business,yes I have an statement.

I would you later before the end of this week to get more details from you.

Please note that I shall do a thorough due diligence to confirm whatever info you provide therefore you must have third party documentary evidence to back up your claims

Jilingori:

Telephone: 09032141785
Positoh street Heninawa quaters
Ajara, Badagry Lagos
Email: [email protected]

Fund Appeal Proposal
Naati Brahms shoes collection is a business enterprises based in Badagry Lagos state. It has been in operation since 2007 and as it intends to become one of the leading shoe and footwear manufacturing companies in Nigeria and international market.
The shoe-making sector is one of the fastest growing in the Nigerian fashion world people are now beginning to patronize made in Nigerian shoes. The profitability of individual shoe and footwear manufacturing companies depends on their ability to design and market shoe models that effectively target consumers’ tastes and preferences. Large shoes and footwear companies have economies of scale in distribution and marketing and small-scale shoes and footwear companies can compete successfully by crafting customized shoes and footwear based in their client’s preference.
The shoe making Business is a lucrative one in which you can make double the money invested in making a pair of shoe.
In setting up any business, the amount or cost will depend on the approach and scale you want to undertake. If you intend to go big by renting / leasing a big facility, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.
This means that the start-up can be either low or high depending on your goals, vision and aspirations for your business.
The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.
Already these are the areas in which we have covered,
* The Total Fee for ing the Business
-#25000
*shop/ work space
-#120000
*Tiger 2500w generator
-#50000
*straight sewing machine
-#30000
*Industrial sewing machine
#-90000
* 12 set of last each pair valued at
-#60000
*Tools valued at
-#50000
*Miscellaneous
-#50000

We already have this above -mentioned procurement estimated at #475000
Naati Brahms, is a private owned business who's is looking forward for an investor who can contribute financially for the expansion of productivity.
These are the areas in which the company will be needing fund for an effective and large-scale production,
* branding
*Advert
*raw materials
Proposing for the production of 50pairs of shoes every month
*1aquare foot of leather 200 and a shoe will consume 6pairs on the average
(200*6*50)=60000
*rubber sole a pair 1000
(1000*50)=50000
*Packing box 1000 each
(1000*50)=#50000
*labour 3people
#60000
*media Advert
#30000
*Gum
#15000
*transportation
#15000
*fuel
#9000
*Accesses
#20000
*liner
#9000
Totaling #308000, hundred and eight thousand
Each shoe will go for #15000 at the average and #12000 as least.
(#15000*25)=375000
(#12000*25)=300000
Gross = #670000
#670000-#308000=
Net profit= 362000
N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major loss incurred
As far as Naati Brahms is concerned money has to be injected for the expansion of the business the profit sharing agreement will be based on agreed of percentage of the net.
We are aware that, if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.
Kind regards.
CEO Naati Brahms (Ahmed Abdulfatai)

How come is it that you have been running a business for 13 years and you never considered it necessary to a business name?

Do you have any proof to show that this business has been in operation since 2007?

What was your monthly turnover for the last 3 months?

Do you have bank statements that prove this?

oscarvicto:
I also have 4 years experienced fish feed production and pro biotics specifically for aquaculture and poultry. U can reach me on [email protected]

Do you own or manage a fish farm?

Where are you based?

lonelygem:
We can work together on this..

What is the nature of your experience?

What value are you bringing to the 'table'?

oscarvicto:


I have 7 years experience on complete value chain of rice. From planning, harvesting , milling, de stoning and bagging

I

Have you been involved in distributorship of rice before...I'm referring to about 1 or 2 trailer loads of rice from Olam?

Yakpa:
[Quite sorry about this sir...I think we need to discuss .. Truly a lot of us entrepreneurs do not know /understand the basics of business and having an investor and what they can do to your business.. I've never had one and I've been able to put my business in a good place with 100% of the capital funds coming from me but I've always said to myself .. that if I ever get anyone to invest in what I do.. it would be my priority to make him/her glad they did.. so here will be my take...
I'll have a good scrutiny on our deal to make sure that what I say I'll or can do, I MUST do it.. We owe that to the investor.. I would love a win win for both parties so I can be able to call you tomorrow and pitch forthcoming/new deals.. Surely the investor can't resist a great deal if you guys have had a good experience. Entrepreneurs pls know that you work first for your investors , followed by customers before thinking about yourself. God help us all

author=aussig post=85395708]

Dear Jabolo,



Happy New Year to you and other Nairalanders!

I have been very busy lately that's the reason I have not responded to you.

With respect to my experience providing finance to entrepreneurs I will try and provide some on my experience.

Due to the conditionalities I outlined I was able to screen out the scam artists, however a few unsavoury characters still managed to get through the net.

These include people who are greedy, dishonest folks and people who really have no business running a company.

That nothwithstanding I am happy to report that there are still very honest Nigerians who are ready to stick to the of the contract they went into.
Such people are few and far in-between but it is possible to meet them here on Nairaland, you just have to be patient and look carefully.


Regrets
NEVER AGAIN will I invest in a start-up that is less than 18 months old. I made a terrible mistake by investing in about 3 of such start-ups and I ended up loosing a lot of money.

I let my guard down and put money in these companies based on sentiments because the promoters were so optimistic about the business ventures - all 3 of them were complete disasters!

I cannot give you the names of any of the business entities at this time but as time goes on I will give a brief description of the business models and provide pointers on why they failed or are doing well.

Enjoy the holiday

My observation is that a lot of the so-called entrepreneurs just want to have bragging rights to be able to call themselves "CEO".

Unfortunately they do not understand that being a business owner comes with a lot of responsibilities.

When you're the CEO the buck stops on your table, the survival or failure of the is entirely up to you, you need to be ready to go the extra mile to make sure the business works out.

A number of the promoters of these new start up do not want to take risks with there own resources, they want to push the financial risk to the investor so they can easily exit the business if something goes wrong.

Then there are those who are not sincere but are looking for a way to scam you under the guise of looking for an investor for their new business.

I would advise any potential investors to be wary of any start up where the promoter is asking you to invest in an intangible asset or expense, especially something whose value is difficult to ascertain.

You need to be sure that the asset of expense being acquired or incurred will result in commensurate addition of value to the business before you make a committment

Emmzy201:
On the 14th of February this year, I launched a new platform for Dating, Hookup, Matchmaking, and Escort Services. So far, I have gotten more than 70 people ed on the platform. I started the website with the web developer doing it on an agreement to pay later. Hopefully, from these past two weeks, I have been able to repay the web developer.

Now, what is needed for my team is for us to carry out intensive and robust adverts on media platforms, so as to generate more patronage as the market is very wide, large and profitable. We will also need tools to enhance our operations to boost our services effectively and efficiently.

To this end, I am seeking a viable partner, investor (s) who might be interested in the business of providing services for hookup, dating, matchmaking and escort services. Our medium will also be used to sell products related to the business. I seek for partners or investors.

If interested or need more information; WhatsApp: 0-9-0-7-5-1-4-8-1-5-4.

Thank you!


Cc Greatestbe
oluGodson
Nevea
UnknownQueen
Omosikiri1992
Philantropists
Xana101
aussig
archdon
alignacademy

Your business idea sound good however, I'm no longer investing in start-ups that do not have a track history.

The three I invested in were monumental disasters and I ended up loosing a lot of money.

Right now I would stick with my policy of investing only in a business that has run for at least 18 months.

I would advise however, that you make sure you a business name and open a bank in the name of this business.

Be aware that your business idea is not entirely new therefore it must have some features that set it apart from other similar ventures and guarantee a stream of income

You will need to present evidence of income earned as proof of viability of the business if you hope to attract the attention of investors when you want to scale up the business after the first 2 years or so

Is there anyone here who has experience in rice business?

I want someone who had a good understanding of the entire value chain...from planting to harvesting, milling, de-stoning, baging and sale

ojesymsym:
Please don't tell me the optometry eye clinic is one of the failures.
I just read the thread from beginning to this point.

No the optometry clinic was not one of the failures.

I did not eventually invest in the optometry clinic

400billionman:


Business needs N3.2m to complete.

Business will pay back N800k per annum for 5 years.

Business is real estate. To complete an already living environment for more tenants.

No long story.

The payback period for this project is rather long:

Investment outlay N3,200,000

Investment returns per annum N800,000

- If we assume the investor received 60% of the annual investment returns =N480,000

- Payback period = 3,200,000/480,000 = 6.6years to recover just the original investment!

And we have not even factored in profit element and time value of money