Here in this post, you are going to learn the 10 steps to start a wallpaper business in Nigeria. This is a very lucrative business, one you should tap into.
An Overview of the Business
There are lots of businesses which are gaining popularity these days, business that prove to be profitable and meet the needs of a great number of individuals, WALLPAPER business is one of such businesses.
Nowadays people prefer to use wallpapers in their homes, offices or any building. This business may not be recognised by some people as people are yet to know the good part about this business.
It is not stressful to both the person who designs it and the person who uses it at home. Using Wallpapers brings out the beauty in a home or office or wherever it is being used.
Wallpapers have their various expressions for whichever location it is being used, depending on what customers wants.
The fact that many people do prefer to use wallpapers in decorating their homes or office or business centres, makes this business profitable.
You could do the designing and printing of the wallpapers and sell to those who wish to buy. They the production process is not so expensive and tedious also.
There are a lot of opportunities in this business, as people do build new structures daily, and there are needs of beautification and decoration of homes.
This is where the need of wallpapers comes in; most people do prefer to use wallpapers as paints do get faded with time, after much touching or scrubbing on the wall.
There are may not be much competition if you choose a good location and area which is developing and building are being erected continuously around there, you could be the first to approach the owner of the building and see if your services could be needed.
You should be able to provide various designs as people desire, football fans will have their own designs, entertainment lovers will have their own designs, and those that are in love with nature will have their own special designs.
There are lots of designs that you could provide for your customers as they require. Nowadays the business is moving to a higher technological level, whereby you could select your preferred design on a computer system or from a catalogue and you will get your wallpaper ready within a short while.
How Do I Start the Business?
1. Knowledge And Experience
You should some facts about designing or printing of this wallpapers, their use on the walls and the application of the wallpapers on the wall.
Also you should know about the various qualities of wallpapers available in the market. How they sell and how the work is being done.
You will not need to go to any school to learn this, you have to learn under someone who is into the business, gain more insights and knowledge from the person before you go to set up on your own, you actually need the experience even if you may hire a professional to help you in its running.
2. Raw Materials Needed
There are various things which you may need to set up your wall paper business such as paper for the designing, and if you want to do it by printing of the wallpapers, you will need ink for its printing and the special paper used for creating the wallpapers.
If you are able to go to Aba Market, you will locate all these materials at a fair market price. Make sure to choose materials that are of high quality.
3. Equipment and Tools/Technology
You have to get the appropriate tools and equipment to start up. If you are going to be printing the wallpapers you will need to get a printer that is able to print large wallpaper, you need other tools as brushes, wall sizing tools and equipment and, rollers, wallpaper paste, water trough etc.
The little technology that would be needed in this business is the use of the printer; this will be a commercial purpose which will be able to operate to a maximum capacity as services could be required at just anytime.
4. Choosing a Location
Though the business will require a good location sited where people will easily locate you, it is of a high necessity to situate your location in somewhere easy to reach by people and even if it is not too visible, people should be able to locate your business without stress.
5. Getting your Wallpaper Crew
This is a business where you will need extra hands on deck to provide the necessary quality services. Only you cannot climb a ladder and hold the ladder, or do the sizing of the wall, and still the the pasting of the wallpaper on the walls.
You will actually need to get about 4-6 hands among your crew to make your service rendering faster than the normal time.
Try to select capable hands who will be ready to accept your terms of payment, cause you will not be able to pay on a monthly basis, so you have to select a payment plan if it is by percentage on any time that work is available. I believe when all these are done, you will be in full time business.
Source of Funds
You may be indecisive about where to get your funds for this business or how to start up the business; there are various banks that provide soft loans to individuals for business and also you could approach the Bank of Industry to get a loan to start up your business. If you want to start the business on a large scale you could, take up a loan from the Bank of Industry.
Registration of Business
You will have to register your business with the Corporate Affairs Commission. There are also no extra regulatory bodies that are in charge of this business.
You will have to incorporate your business, you will not need any extra permit to register, just get your business registered by the CAC.
Being efficient in your production is the key to getting new and loyal customers and making them recommend you to others.
Also be ready to deliver your services at the specified given to the customers, also maintain good relationship between your customers.
As the owner of your business, you should be able to lead your crew or team to be efficient in their service delivery and also employing efficient and competent hands that are trustworthy and will be able to provide services.
Your ability to manage your crew properly as the crew leader and the head of the business will make your crew members loyal to you.
Marketing and Promotion Tips
Your business should have a reachable contact detail; if possible have a site to showcase your beautiful designs and works you have done.
Also do word of mouth advertisement this proves more efficient as you will get to know those who are likely to patronise you. Have a large visible signpost that is clear and visible for others to see and know your business and what you do.
Read Also: The Cost of Building Plan in Nigeria
The wallpaper business is an untapped business venture which many people have not gone into much, there is still room to venture into it now and carve a large space for your business to stay and gather a lot of patronage.
People love beautiful things and they love to make their home or office beautiful, so they are ready to patronise you so long as you have beautiful wallpapers.
Click here to see the latest Study Abroad Scholarships and Guides
Click here to see the latest Jobs opportunities in Nigeria.