We want to talk about the issues of the importance of small scale business in Nigeria. We know how important our small scale business is.
Becoming an acorn in a long term starts with a mustard seed. If you want big business in one day, start up small scale business in many days. Let tell you something.
I remember the day that I read in the local national newspaper recently that a man wanted to start investing into small business of his own success, but unfortunately, he did not know how to start investing into a small scale business.
So he walked round for joy and fun till he met his friend who taught him how to invest in a small scale business.
Read Also: What Technical Skills Rich People Use For Great Profits.
Some people have the capital they want to invest money in a small local business for considerable profitable, but they are not sure how to go about it.
That is what they look around to learn guides about investing into small business.
Are you the one that seeks for information that leads you to start investing in a business to achieve your aim?
Do you want to invest in a small scale business, but you want to know how you can invest in a small scale business?
Do you not want to make mistake when to invest in a small business start up, till some one teaches you how to invest in a successful business? Then this article is what we show you today. Here's what you should learn.
What Does The Scripture Say About investing into Small Scale Business?
1. Do not despise the small beginning, for the eyes of the Lord rejoice to see the work begin.—Zachariah 4: 10
2. The kingdom of heaven is like a mustard seed which a man took and planted in his field.
Though it is the smallest of all your seeds, yet when it grows it is the largest of garden plants.—Mark 4:30-32.
These verses are paraphrased by Caleb McAfee he authored his book titled, “More than It’s Just Business”.
Why Is Small-Scale Business In Nigeria Important?
Floating small scale business is so important because:
1. It helps you to learn something you never experience before.
2. It will open your eyes how much you can make money.
3. It helps you handle minor challenges.
4. It helps you plan for the next big challenges
5. It helps you avoid great losses if it suddenly goes wrong.
6. It helps you know what it works and what it does not work.
7. It helps you understand or test how it works.
8. It will save you the high cost of the thing you want to set up a business.
9. It indicates how humble you are and persistent you are.
Blessed are those who humbly start small and persist in doing with something for they will enable to grow big.
10. It indicates that you have faith. Faith means obey and act on your dream or idea even if it looks impossible.
11. It helps you to grow gradually big if you plough your profit back into something each time you sell or produce and sell.
12. It shows you how patient and perseverant you are. Patience and perseverance pay off.
13. It indicates how much you have that you start.
We need to understand the importance of starting small scale business in Nigeria and growing it bigger later.
Alike Dangote started cement business as a merchant he was loaned by his late father with N 200,000 and a few years later he moved from that small scale business to a cement manufacturing business because there is more profitable in this industry when he had good patronage.
Good patronage, financial strength and long experience in small scale business gave him opportunity to build a cement factory on his own brand in the ready-competition market.
Rome can not be built in one day because you can not be everything in one day. Untill you start small scale business, you can't start big. Building business takes time.
Unless you have long experience in business or employment and a good mentor or facilitator related to business in attention any where you choose to pay to learn, don't start big as if you want everything now.
I was told that a young man who has many braches of his own business managed for him any where in Ibadan today started with one business branded 'Top Success' at Mokola he dealt with phone accessories he bought in bulk at wholesale from Lagos and sold it at retail and also worked with MLM company as networker.
Starting small scale business the young yoruba man he dealt with phone accessories and still working hard for a MLM company in promotion as he joined it as a learner are what gets him great success in business.
Never start big until you have a good team that will work for you. "Great things in business are not done by one person. They are done by a team of people" as Steve Job said.
Let me drop here in this post. I hope this article benefits you.
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