SMEs

11 Best Fast Money Making Business ideas that can make you become rich

 

Franchising

Do you want to sell foreign product in Nigeria? If yes, then franchising is for you. A Franchise is an agreement or license between two parties, which gives a person or group of persons (The franchisee) the rights to market a product or service using the trademark of another business (the franchisor). Both franchisor and the franchisee have a strong vested interest in the success of the brand and keeping the customer happy.
Today, Franchising is available to service businesses, manufacturers, retailers, wholesalers, and even professionals services in the medical health care, fast food and beverages hospitality, educational services, training management, business support, estate management, health, beauty and so on.

Flour milling

The consumption of bread and other bakery products such as biscuits, chin-chin, gala, meat pie, among others have created a huge market for the wheat flour industry, and it is continually expanding by the day. These items have come to be accepted as part of our dietary need either as food or as snacks, which is taken in between meals.
Flour milling is not however restricted to wheat processing alone, several Nigerians cereals and tuber crops are being milled and preserved to powdery flavor, so as to enhance their industry uses and preserve their shelf life for domestic purposes.
These include the corn flour, cassava flour, millet flour etc. Processing them into flour and bagging them therefore holds great prospects, considering the fact that these agricultural raw materials are locally sourced. Flour enjoys extensive usage in the bakery, brewing, confectionery, pharmaceutical as well as the food processing sectors of the economy.

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