Here in this post, we are going to give you a detailed guide on steps to produce matches in Nigeria. We hope you find this article invaluable.
The first ‘safety’ matches was created in the 19th century, by a man called Gustaf Erik Pasch. However, his product went through a lot of advancement to produce what we now call ‘safety match’.
Matches business is a profitable business because, fire is of great importance to man and no matter what we need the heat.
Read Also: 7 Steps to Produce Wine in Nigeria
Business Overview of Matches Production in Nigeria
The match business, is a profitable business in Nigeria because, a great majority of its citizens still use stoves and fire woods. However, you must know the way to approach this business, for you to succeed in it.
The competition is quite high in this business, because of its profitability. Matches are sold in quantity. There’s the wooden type matches, which are packaged in boxes.
And there are paper matches, which are clustered in rows stapled into matchbooks. If you are looking to start a matches production company, pay close attention and take notes if possible.
How Profitable is Matches Business in Nigeria?
The matches production business is no doubt a profitable one, with the right amount of commitment, you can be earning a lot from producing matches. You even expand into the production of other commodity in the future like Dangote did.
If you are looking to start a profitable business of your own, then you must consider venturing into the match stick production business. In this article, you will learn the basics of the match stick production business as well as how to start the business.
Read Also: Steps to Produce Starch in Nigeria
1. Get the Equipment Needed to Produce Matches in Nigeria
Because matches are used in almost every home and industrial establishment in Nigeria, the demand for matches is always on a never ending high. This means there is huge profit potential in the match stick production business.
However, there are some equipment and raw material you may be needing to start the business. This equipment and raw materials can be gotten from local equipment stores in the country. They include;
b. Inflammatory chemicals (phosphorus)
If you already live in an environment where wood is abundant, then setting up you matches production factory shouldn’t be too difficult, since the main material is already present.
2. Choose the Type of Matches to Produce in Nigeria
Before you begin to buy wood, you need to decide the type of matches you want to produce. There are essentially 3 types of matches. They include;
a. Safety matches: which can only produce flame when struck against the specially prepared surface on the matchbox.
b. Strike-anywhere matches: which can produce flame when struck against any frictional surface.
Although, because Safety matches is common in Nigeria, it would be discussed here.
3. Map Out a Business Plan
Writing a business plan, is the surest way to prepare you self to start and maintain any profitable venture. A business plan should contain everything on the business, including; a funding means, cost of operation, market competition and projected profit from the business.
Read Also: 9 Steps to Produce Salt in Nigeria
4. Source for Capital
Now that you have successfully crafted out a business plan, it is time to search for funds to help you start the business.
Normally personal savings is a good idea, friends, family and Investors. This is where your business plan comes in, because investor will want to see your plan to spend their money and give them returns. You can also apply for small business grant or loans.
5. Find a Good Location
Once you have gotten the necessary funds, it is time to start looking for a location to situate your business. This is where majority of the work would be conducted so look for a roomy place (not necessarily a football stadium) but a place where work can be conducted easily. The last thing you want is a cramped up working space.
6. Register Your Business
Most blogs will skip this step, however, always be very cautious of this step. There are tons of advantages linked to registering your business. For one, you won’t be harassed by government officials when they do come around.
So go to the closest CAC office in your area and register your business name, the process might seem too ambiguous for you, you have the option of employing the services of a qualified lawyer. Remember to be wary of scammers in this process.
This is a summary of the process;
a. Check for availability of proposed company name (click here). Read more about name reservation and reserve a new name (click here)
b. Complete pre-registration form – CAC1.1 (Online using Company Registration Portal)
c. Pay filing and Stamp duty fees Check the Fees for our Services here Steps 1-3 can be completed on COMPANY REGISTRATION PORTAL (CRP)
d. Prepare the signed scan copy of your pre-registration documents for upload as follows: Form CAC1.1Memorandum and Article of Association (MEMART) Recognized form of identification for Director(s)/Subscriber(s) and Secretary. Evidence of payment to CAC
e. Upload the scanned documents for processing.(click here)
f. Submit the original copies of the documents uploaded at step 6 (Form CAC1.1, MEMART, etc.) to the CAC office you had selected in exchange for your certificate and the Certified True copies of the documents.
Click on this link for the complete guide to register your business with the CAC; http://infoguidenigeria.com/start-your-own-business-nigeria/
7. Employ Staffs and Purchase Equipment
Now that you have leased/purchased property, it is time to purchase the necessary equipment to begin this business. This equipment include:
a. Splint production machinery
b. Match production machinery
c. Head composition and friction composition machinery
d. Boiler*.Air compressor
e. Log conveyor, and so on.
However, I will recommend a 10 man staff for the meantime. If you really want more staffs, be sure you can pay them. Each equipment should be manned by 2 or 3 people, hire competent workers and make sure they perform their roles excellently.
8. Find suppliers of raw materials
Aside from dry wood, which is the main material used in matchstick production, you will also need chemicals for processing the match, flaming, and paper boards for inner and outer packing boxes. Aspen, Poplar, and Pine are the types of wood usually used for making match splints.
You will need to decide the type you would want to use in your company. You will also need to find suppliers for these raw materials and ensure that they are able to maintain a steady supply of the materials they supply. Note, late delivery of your products, can cause customers to lose faith in your product.
9. Market Your Product
Now that everything is properly in place, you can start production. Simultaneously, you can start marketing your business to potential customers and adopt proven marketing strategies that will quickly spread the word about your match production business.
Make sure you make good use of social media, to promote your business. Even consider printing flyers, and distributing them the market. No publicity is bad publicity.IMPORTANT!: Follow us on Instagram @InfoGuideNigeria
Click here to Read Latest News in Nigeria