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How To Start Mobile Money Agent Business

HOW TO START MOBILE MONEY AGENT BUSINESS IN NIGERIA

 

What is Mobile money?
Mobile money is an electronic wallet services that enables its users carry out financial transactions and also make payments for goods and services with their mobile phones.  
 
It is used to pay for goods and services and also make bank transactions instead of using cash or cheque. Mobile money services works on both smartphones and basic feature phones.
 
Mobile money also known as mobile payment is a very safe and flexible way of making payments. It solves the problem of going about with cash. Carrying cash is very risky as a person can be easily robbed of his money. According to Wikipedia, Mobile money started globally in the year 2008.
 
In Nigeria, mobile money has finally recorded good success after some years of failed attempts. Now, financial institutions and telecom operators in Nigeria can boast of a striking number of patronages and acceptance of mobile payments in Nigeria.
So far in Nigeria, there are two types of mobile money implementations. They are the Operator branded and the Provider branded.
 
Operator branded is a value added service by telecoms operators to enable their customers pay conveniently for goods and services.  An example is Glo mobile money.
 
Provider branded are mobile money services that are offered by companies. These companies must have obtained license from the CBN. These mobile money services are not owned by ant telecom operator. 
 
Examples include Quickteller, Ready cash, VTNetwork, Cellulant, Eazy money, Quickteller, Eco bank mobile money, Monetize, Paga, Pocket Moni, First Monie, GT mobile money, Diamond Yello account are some of the available mobile payments platforms in Nigeria.
 
Mobile money payments in Nigeria allows users to
·        Recharge airtime
·     Make bill payments (electricity bill, water bill, waste bill, DStv, GOtv, Startimes, taxes etc.)
·       Funds transfer (sending money and receiving money to and from anyone in Nigeria)
·        Open bank accounts
·        Payments for insurance premiums, airline tickets, embassies etc.
·        Deposits of funds
·        Withdraw money
·        Pay into bet accounts (nairabet, merrybet, 9ja predict etc.)
 
 
Mobile money is also a profitable business opportunity in Nigeria. As an agent, whether for operator branded mobile money service or provider branded mobile money service, you see yourself as a mini and mobile bank. You also earn commission from every transaction you make for people. With this, you’ll make stress free cash!
 
With mobile money, you can improve your already existing business. Whatever business you have, you can include mobile money to it; this will bring more people to your already existing business.
 
So, if you are looking for a lucrative business, especially one with little capital to start and attractive profit, mobile money is what you need. Below are some steps to help you set up a mobile money business in Nigeria.   
 
-        Decide on which of the mobile money companies you want to be an agent for.
-        Get a work tool/device (Smartphones that run on Android 4.4 OS)
-       Complete and submit the registration form which you must have obtained from        your preferred mobile money company.
-         Provide the minimum operating capital requirement.
-         Receive validation and set up details.
-         Be enlisted for training.
-         Receive starter pack and branding material.

For more information, contact your preferred mobile money company.
 
Individuals, small to medium scale businesses, institutions etc. can be a mobile money agent. People that have already existing businesses have added advantage when setting up mobile money business in Nigeria.

So, get up! Take this opportunity to make cool cash and alleviate poverty!
How To Start Mobile Money Agent Business How To Start Mobile Money Agent Business Reviewed by Alleviatepovertytoday.blogspot.com on 02:20 Rating: 5

Online Home-based Business Ideas That You Can Do

Online Home-based Business Ideas For 2017


Contrary to the thoughts about starting up businesses, I have a better idea. Most people have the erroneous thought that to start their own businesses require huge capital and thus they accept that they cannot own a business. However, read through this article ant at the end, you can tell whether it is possible to own your business or not.

My opinion of the business you can start is the home-based business. The following business ideas are simple, sharp and profitable businesses you can do even in the comfort of your own home, while lying down to relax on your bed or at most when you return from your daily jobs.

1.    Network Marketing

This is a beautiful idea of a home based business. It is advisable for beginners, especially those who really have not been into much online businesses. With this, you can build your confidence and experience as you do this business. How is this achieved?

Get a list of some companies that have the products you are interested in. I mean the products or goods you personally love. In your quest, you have to understand the structure with which the company works. In your list, you will definitely get the names of the companies that have low cost of registration for first timers.

With this, you can leverage on the efforts of many others. Your skill in being able to organize and inspire the people around and under you will go a long way to determine how far you will go in the business and how fast you will rise in the ranks.

2.    Affiliate Marketing

In this, you tend to be a sales representative for company with a product of your interest. Your profit comes as commissions upon the products you sell. You either get the commissions on each product you sell or the whole pack.

Sometimes, you make some more money when you meet a certain target set for you by the company you represent. All of these accumulate into massive profit for you. Your skill in convincing people to see things your way will be of immense advantage.

3.    Internet marketing
It is alarming that you have access to this article that you are currently reading and you have not begun to make money online. If you have a phone, a computer with internet access, you have 65-70% of what you need for this business. There is hardly anything that cannot be sold online ranging from hand-made products to hi-tech information on products.

You can reach out to those who have been there who can help you out. Please, know that not trying is your own fault. There is no harm in trying out and not getting help. Moreover, you cannot reach out to many people and not find someone with the information you desire who is also willing to release it to you.

4.    Internet auctions

A lot of goods which lie useless and unimportant to some people are valuable to others only if they can gain access to them. That phone, vacuum cleaner, fridge or freezer, oven, hair clipper and even cars among a lot of other things can be sources of money to you and those who possess them but have no direct need for them anymore.

What you need to do is to go round your immediate neighbours, collect these things with a well –arranged list and promise them some few amounts. These you can take nice and pictures of and begin sales online. Don’t you think this is a good idea? Never mind, you can thank me later.

5.    Personal chef

This is indeed advantageous for someone who has great culinary skills or someone who has passion to learn. You can begin to cook dinner at your leisure since it is what you enjoy doing.  You can make some cool cash out of your neighbours who are either too lazy or too busy to cook. Who knows? This could be your breakthrough to your own KFC.

You can use the advantage of the internet to showcase what you do and this will bring more customers. The internet has become a blessing only if you use the tools to make money. So, I tell people.

Many people complain that they do not have the required capital to start their dream business. Meanwhile they only fail to realize that what they have in their custody is more than sufficient to start them off. You really do not have to start big, especially when it comes to home businesses that can be executed online as I have listed above.

Online Home-based Business Ideas That You Can Do Online Home-based Business Ideas That You Can Do Reviewed by Alleviatepovertytoday.blogspot.com on 13:25 Rating: 5

Part-Time Businesses That Give Good Money



PART-TIME BUSINESSES THAT CAN GIVE YOU MONEY


Are you considering earning extra money at your spare time? Have you been bothered about what you can do to earn more money while you are not actively busy? Probably you have found out of late that some spare time are available for you and you have been wasting them away while you can actually earn some more money doing part-time businesses.

I have some good ideas for you and all I can do is to plead with you is to be calm and read patiently through the set of ideas I have to share with you.

Computer teacher

It really does not matter whether you know much or you really do not. The little knowledge you know about computer can be imparted unto someone else in exchange for a few cash. Whether you are an expert at Windows or Linux, Web research or desktop publishing, HTML or word processing, someone can benefit from what you know about the computer.


You can start promoting your computer-training services by teaching classes through organizations in your area which offer adult education. You can also consider primary schools and smaller institutions in your area which will not require much transport fare.

Medical Transcription

There is a big demand by hospitals, veterinarians, dentists, doctors and a few other medical personnel for transcribing medical records. A lot of files remain unkempt and scattered in these places. For such, you can apply to help with these files at your spare time most likely when you return from your basic work.
You can increase your qualification in medical terminologies and linguistic skills to facilitate easy execution of your work.

Home chef

The busy schedule of most parents does not always permit them to have the time to cook their meals and even have varieties. You can make nice and delicious home-made meals that people can buy from you or request that you make the meals for them at home.
You can create awareness through the social media and personal chats with people. If you have the financial capacity, you can make small fliers to create awareness in your neighborhood.

Lesson teacher/tutor

Parents or guardians with tight schedule and cannot attend to the educational needs of their wards can pay you to do this at your spare time. In fact, if you can make good plans, you can visit two homes per day and three to four places per week. You will not want to imagine the amount of money you will make per day, per week and per month.

Bead making and selling

While you rest after work each day, you can string beads while you relax. These you can sell afterwards to make some extra cash. You can learn this art if you did not have a prior knowledge. It is a simple way of making money. You will have time with your family and can make more money.

The above are what I call “Earn While You Rest”. After work each day, you can select any of the above-listed part-time jobs to do. You will discover that life can be better and making money can be easier.

However, it is my usual warning to people that they should discover where their passion is before venturing into businesses. But instead of depending only on what comes in from your daily jobs, here are other avenues to make more money.

Part-Time Businesses That Give Good Money Part-Time Businesses That Give Good Money Reviewed by Alleviatepovertytoday.blogspot.com on 06:00 Rating: 5

How to Start A Laundry + Dry Cleaning Business

How to Start A Laundry + Dry Cleaning Business

Have you made up your mind to avoid poverty at all costs? And you are concerned about starting up your own business. yet you are confused about the exact business to lay your hands on which will surely give you profit and make you smile to the bank on a daily basis? I have an idea for you. Laundry and Dry cleaning business!
Laundry business is a profitable venture for anyone who is smart but not for anyone who is not interested in working before making money.This article will specifically lead you into the basic requirements for you to start a laundry business of your own. It is cheap and easy to run.

1.    Select a location
You have the option of getting a place for lease if you have the financial capacity to do so. But if not or you want to minimize expenses, you can start from your own house. This is where your business will start. So you cannot afford not to have one. Your customers will need to be able to trace you to a location and they need to be able to trust that you will not elope with their clothes and stuff before they can give them to you.

2.    Have a consistent water supply
Your business needs water on a daily basis if you want to keep your customers. ensure you have a steady source of water every time. You will need water to wash, rinse and evn press the fabrics.

3.    Make sure you have a consistent power supply
You will need this to ensure the smooth running of your laundry business. You will not be helping the growth of your business if you cannot deliver when you promised. It will make you lose customers as they will find it difficult to trust you. Now, an alternative to this is purchasing a generator that has the capacity to power your basic equipment.

4.    Buy your basic equipment
Here is a list of the basic equipment you will need to start and run your laundry and dry cleaning business.
-Industrial steam iron (2) and 1 ordinary pressing iron
-A good industrial washing machine (12-15kg Akai)
-A good generator (7.5KVA)
-A wide ironing table (120cm x 85cm)
-Industrial detergent
-dryer
-Garment conveyor
-shelves to keep ironed clothes
-A big standing fan
-Basins,buckets,clips,
-Industrial detergents

5.    Package your service
You need to create your niche even in this business. Always package your customers' clothes in very neat and presentable transparent materials. if you do this, you are sure to make them come again and again.

6.    Create a brand name
You can create a brand name on your tag which will be attached to every customer's cloth. Make sure it is catchy and classy. This tag of yours will carry your address, contact and possibly e-mail address.

7.    Introduce a twist
This can be your own as the convenience of your customers matter a lot. You can include home-delivery in your services. This can be possible if you have your customers' data which  includes their home address and contacts.

Things to avoid
1.    Misplaced clothes
This can quickly ruin your business if you are not careful. Avoid mixing up of the fabrics by entering the detail of every fabric into a book for records. Personally supervise this if you have people working with you.

2.    Spoilt fabrics
Avoid washing fabrics of different colors together, especially the white fabrics. Please, avoid that costly error.

3.    Disappointing your customers
If you made the promise to deliver at a certain time, please do not falter. Trust is not demanded for, it is rather earned. If not, you will gradually lose your customers.

Your business can grow quickly depending on how much attention you give to it. Please, avoid  being too hungry for gain and thereby overcharging your customers. Anyone can also get involved in this business. You can start it and employ your workers while you supervise, if you have the money. I hope you will find these information useful.
How to Start A Laundry + Dry Cleaning Business How to Start A Laundry + Dry Cleaning Business Reviewed by Alleviatepovertytoday.blogspot.com on 12:52 Rating: 5

Small business Opportunities In Nigeria For You

Small business Opportunities In Nigeria

Are you considering starting your own business but don't have much money? Or you have intentions of setting up a series of small businesses in Nigeria? Below is a list of the best 10 small scale businesses you can start.
I have taken time to pull these ideas out as they are real and practical. The businesses here will start you up and they do not require  much cash to set up.

1.    Laundry service

This involves setting up a small dry-cleaning shop. here, you collect clothes, wash and iron. It depends on the level of capital at your disposal. If you have little, you can do some of your washing yourself and if you have much, you can purchase a washing machine.
 Either ways, the cost is spread over the clothes you dry-clean over time.

2.    Home tutor

Home lesson, as it is popularly referred to involves using your basic school training to help others and getting paid in the process. those to teach may be younger ones or even adults who were not opportune to be schooled in their early days. This can help you make much money while you make your rounds each day per week or per month.

3.    Recharge card sales and phone call center

Though the era of pay phone is gradually diminishing, it is becoming obvious that the vast number of Nigerians buy airtime almost every day. Choose a busy road for a start, buy a network umbrella and chair as times goes on, liaise with someone who does wholesales of the recharge cards, and your business is on the way.

4.    Transport service

Nigerians are largely dependent on public transport services. you can start by driving your own cab to ply the route of your choice. This may demand that you register under one of the associations there. Gradually, as you make ends meet, you can begin to create your own business.

5.    Cleaning service

people at one time or the other need their houses cleaned thoroughly. At times it is a newly constructed building, rugs or carpets which they find difficult to do or do not have the time at all. This can be your own source of money. With few cleaning implements, you can start making an income.

6.     Road side food vendor

The busy schedule of most Nigerians do not permit them enough time most times to prepare food. You can be their solution by making this food available either morning, afternoon during break, or evening when returning home. If you have the culinary skills, get on with it and make money for yourself. it may be the start of a big restaurant, who knows?

7.    Sales of cooking gas

With the awareness created by the gas industry nowadays, you can set up your own mini- cooking shop. You can sign an agreement with a bigger gas industry where you buy and then resell. You can You can add some other services that the bigger company cannot meet. For example, you can add home-delivery service. With this, you can ease the stress of your customers and thereby make more money.   
   
8.    Poultry farming

This has become the saving business of most Nigerians today. Even those without formal education have begun to make money from this. You can start small by raising few broiler birds which you can sell afterwards and make money. Sincerely yours, you never can tell the profit that awaits untapped if you venture into this business.

9.    Sales of cements and building materials

That little money with you is enough to start a cement business. You can buy some, sell and make profits. Even other building materials can gradually be introduced. You may not have the quantity of money to start big. Start with what you have, you never can tell.

10.    Dog breeding

While some people are complaining of not being able to get jobs to do, others are busy raising dogs. To purchase an Alsatian breed of dog for example is just about 15,000-25,000. With vaccinations by a certified veterinary personnel and your good management practices, your dog can whelp many puppies which you can later sell and make money.
I tell you that many people are making millions from dogs per year and they were people with nothing before.

This is the era where no one has an excuse to be poor. The above opportunities are tested and trusted business ideas. You don't need excess cash to start. It depends on where your passion is. You can say a final goodbye to poverty once and for all.
Small business Opportunities In Nigeria For You Small business Opportunities In Nigeria For You Reviewed by Alleviatepovertytoday.blogspot.com on 05:43 Rating: 5

How To Start A Bakery + Business Plan

How To Start A Bakery + Business Plan


Have you considered starting a bakery business but do not know how to go about it? Do you need adequate and up-to-date information on starting a bakery business and sustaining it? 
Then, you have logged on to the best place as these information will guide you in starting and sustaining your own bakery business.

I need to inform you at this point that many who may have been interested in starting a bakery before may have stopped along the way abruptly. You want to know why? They most likely do not have prior understanding of the business they are getting involved in and that is the hurdle I am helping you cross here.

First, there are different types of bakeries. They are listed below.

1.    Online bakery

In doing this, you need a website first. It is on this website that you display images of what you do. You can decide to include the ingredients you use because of some specific customer desires.

Also, you can place links for those interested in placing orders. This may include contacts and email addresses. With this, you can run a bakery from your home. With the advent and interest in technology, people can have an idea of what you are making and have for sale.

2.    Counter-service bakery

Right in front of your own house or a small rented shop, your customers can easily walk in, pick their desired product and leave without experiencing any discomfort.

3.    Specialty bakery
In this type, you can make up your mind to restrict yourself to just one particular type of bakery product. This may be as a result of limited knowledge or passion.

Whatever it is, you make a choice of the particular product you want to be known for or identified with. Hence, you can decide to run your business from home or you find a location.

4.    Sit down bakery
This is a more complicated and demanding form of business in the sense that your customers have to sit and eat whatever they buy. Definitely you also have to include other consumables like drinks and other snacks so that your customers can have varieties to pick from.


At this point, I expect that you are developing interest in this business. But wait a little, what are the basic things you need to set up your business.

1.    Develop a business plan

I put it to you that this is as important as the business itself. After deciding on the type of bakery you want, you can develop your plan in line with your choice. Here, you will consider how to generate revenue, the specific equipments to purchase (even those you have already at home must be checked).

2.    Get your basic Equipments
These will serve as your basic baking equipments. I hope you do realise you cannot bake without some equipments. These includes your
-Oven
-Mixer (table, hand or floor)
-Shelves to keep your baked products
-Scrapers
-Bins
-Display containers
-Mixing bowls (could be big or small)
-Wears (aprons, hair nets or hats,
-Pans
-Refrigerators

Do not forget however that you need to seek information on getting the best ingredients also. Any product that is pocket-friendly, profit-friendly and popularly accepted is good for you.

3.    Select a location

    You need to be wise as your location can also determine how much sales you make per time depending on the type of bakery you have chosen. You definitely will not need to seek a space for display if you are running your business from home.
There may be legal considerations to the space you seek. Make your findings and be clear on your choice.

4.    Choose your brand name
This is the label you desire your products to carry. It has to be a catchy and sensible one of course. Do not pick names that will irritate your intending customers before they even get to taste your products.

5.    Consider advertising your products
   
You need to make people aware of your products. This is done by advertising. start by telling people around where you live, your social media friends and relatives (though you need to be careful of allowing relatives eat up your profits. Family is family and business is business. Separate one from the other.


6.    Have an expansion strategy

You cannot continue the small way you started. Hence you may need to create space for expansion when you see the need. This helps you to accommodate the expansion when the time comes. As more people make demands for your baked products, your market gradually grows.
    


The saying that Rome was not built in a day is vital. Your profits may not skyrocket immediately. But keep up with what you do and improve as each day changes and you are on your way to earning more than you ever imagined.
How To Start A Bakery + Business Plan How To Start A Bakery + Business Plan Reviewed by Alleviatepovertytoday.blogspot.com on 16:01 Rating: 5

Quick Ways On How To Earn More Income Online From Home


Residual Cash Flow - This Way Of Earning Income Can Give You More Freedom
Starting your own home business can be a great way to earn some great residual cash flow. Most people who want to have more freedom to do what they please are starting to work in their pajamas. In the recent past, home businesses were not taken seriously. With the need of technology on the rise, it would be wise to get in on the action. Although, starting your own home business from scratch can be a great source of income, you must ask yourself some questions.

Starting a business from home is great but you must have discipline because there are many potential distractions that may happen when you are at home. Below are some things that you must consider if you have a strong interest in earning residual cash flow.

First - Do you need a permit for this particular company?

Some areas in the United States prohibit certain home businesses. To make sure you are on the legal side, make sure you do research. Make sure you do not need any special permits for starting your own business. One in five communities in the world require special permits.

Quick Ways On How To Earn More Income Online From Home Quick Ways On How To Earn More Income Online From Home Reviewed by Alleviatepovertytoday.blogspot.com on 05:42 Rating: 5
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