10 Best Opportunities for Starting a Business in Anambra
Anambra state is one of the states that make up the thirty six states in Nigeria. It is located in the south eastern part of the country and has a rich culture. The capital of this prestigious state, as well as the seat of government is called Awka. Its commercial and industrial cities respectively are Onitsha and Nnewi.
Just as it is with other states in Nigeria, Anambra has its slogan as ‘the light of the nation’. Furthermore, there are several states bordering it. It has Delta state to west, Imo state and Rivers state occupying the south, Enugu state to the east and then Kogi state to the north.
The people of Anambra state are predominantly Igbos of about ninety eight percent, and then a minute two percent of people who are the Igalas. It happens to be the eight most populated state in Nigeria and is blessed with natural resources as Ceramic, natural gas, bauxite, crude oil, and a hundred percent arable soil.
It has other resources through which revenue is generated. They include; fishery, animal husbandry, farming, pasteurizing, and a host of others. Therefore, if you are looking to relocate to Anambra state or are looking for a business to do, then you may want to consider some of the following business opportunities identified below.
10 Small Business Investment Opportunities in Anambra
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1. Crop Cultivation Business
One of the very good ways through which an average farmer makes it big in Anambra is through crop cultivation. It is true that the way to a man’s heart is through his belly, which is why some folks are doing all they can all the time to make sure that food is being cultivated. It is for that reason that there are lots of farmers in Anambra.
If you are looking for a business to start a business, then you can look towards cultivation of crops. You may not be the one who directly does the farming, if you don’t want to, you can look at employing the services of a farmer whilst you run the administrative part.
2. Palm Oil Production
Just like it is in other eastern states in Nigeria, palm oil production is one staple business that has continued to fetch money. This business is also called the ‘akwu’ business. This is one business idea that you can buy into. Be sure that you have a modern machine that is being used to produce palm oil.
3. Fishing Business
In recent times, the frozen business has continued to hold sway. However, there are still folks who have continued to smile to the banks with the fresh fish business. Fishing is one business that thrives in the state. You too can make this a viable business.
4. Crude oil Business
You can be a crude oil dealer in Anambra state and you can be sure to make loads of profit. Be sure to know the rudiments of the business because you would need to know the supply of the oil as well as the people to make supplies to.
5. Ceramic Business
If you look at Anambra then you would see that there are some ceramic industries doing well there. Doing this means that you can decide to go into the production of glassware, plates, spoons, as well as other ceramic materials. Be sure to have your industry located in a good site.
6. Boutique Business
One of the businesses that have continued to thrive in Anambra state is the boutique business. This means that you may also take to this line of business if you have the penchant for fashion. You may consider dealing in clothes, shoes, as well as other fashion accessories that may boom. Be sure to locate your shop in a strategic place where there is human traffic. Doing this would sure be tantamount to getting loads of clients.
7. Motor Spare Parts
This is one of the businesses that have always been synonymous with the people of Anambra. You too can start this money spinning type of business. The fact that there are a lot of people, who use automobiles, means that there would be an avalanche of people to patronize you. Be sure to get a grip on who your suppliers may be.
8. Tools fabrication Business
Tools fabrication business in Anambra has its hub in Onitsha. There are loads of people who have made this industry their line of business. Starting this type of business would be tantamount to being in money. However, you would be required to first learn the ropes. Be sure to get all the necessary training needed to start your tools fabrication business.
9. Interstate or Intracity transport Business
One of the most popular businesses in Anambra is the transportation business. What does this mean? This means that you can either make it an intercity shuttle of an intra city one. This industry is loaded with profit and benefits, and you can be sure to make the desired returns on investment pretty soon. You can start with a fairly used car or bus and be sure to break even soonest.
10. Frozen Foods Business
This is one business that has continued to thrive in this state. You can decide to go into this line of trade either as a wholesaler or a retailer. The profit margin in this venture in big and as such can motivate any one. Be sure that your business is located in a strategic place where profit is sure.
With these 10 business ideas given in this article, you can be sure to make great success in not a distant time. Nonetheless, you have got to make it a point of duty to keep abreast with issues in your industry
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