In this article, we shall be discussing about how to start tiles business in Nigeria currently in this year 2023. If you are passionate about tiles and want to start the business, Nigerian Guide will walk you through the steps necessary to do so. The tile industry in Nigeria primarily serves the building and construction industry. It comprises using tiles to decorate the flooring and even the walls of a building.
Aside from the painting, tiles in a home actually enhance its beauty. Today, tiles are used on the floors of many newly constructed buildings in Nigeria, and they are also used to beautify the exterior of homes and office complexes. Depending on what you want for your structure, you can choose to use ceramic, vinyl, or marble tiles to beautify your edifice. The tile industry in Nigeria today is quite lucrative because many people are always constructing new buildings for homes, offices, places of worship, etc, and you stand to make a lot of money from the business if you venture into it. You will gradually become a distributor/supplier with the passage of time if you dedicate yourself to growing your tile business.
GUIDE ON HOW TO START TILES BUSINESS IN NIGERIA 2023
The following are the step by step processes on how to start tile business in Nigeria this 2023:
LEARN THE BUSINESS
Being new to the industry, you cannot enter this business without assistance, direction, or a business mentor. Even if you hire someone who is an expert in the field, you must thoroughly understand it before making any moves. And someone you learn from, such as a mentor, might be able to put you in touch with others or give your business the boost needed to launch it.
PREPARE A BUSINESS PLAN FOR YOUR TILE BUSINESS
Your business plan can serve as a guide to help you navigate and decide the direction and success of your tile business. Your business strategy can also assist you in figuring out whether there is a chance to modify your tile business in order to support the achievement of your business objectives. It should also outline your financial projections for your tile business as well as how you want to obtain money for it.
REGISTER YOUR BUSINESS
To ensure that your business is legitimate, register it with the Corporate Affairs Commission (CAC) of Nigeria. You can also look for the association that your business belongs to and register properly with the umbrella organization for business owners in this industry so that you will be acknowledged as their member and be permitted to conduct business as usual.
MAKE AVAILABLE THE CAPITAL FOR YOUR TILE BUSINESS
You would need funding to launch your tile business in Nigeria. You can source for grants to invest in this business, or the ideal thing to do if the grants are not forthcoming is to apply for a long-term loans that you can repay without much difficulty. These loans can be comfortably offset when you have started getting returns on investment from your business.
FIND A GOOD LOCATION FOR YOUR TILE BUSINESS
You need to find a good location for your tiles business in Nigeria, preferably a place with high traffic of people on a daily basis such as at a busy road, a building materials market or other strategic places such as at areas where development is ongoing that will attract customers and potential customers to your shop. This is very important for your business because you need people to sell your wares.
FIND DISTRIBUTORS TO SOURCE YOUR TILES FROM
The next step in this guide is to obtain your raw materials. You can do this by purchasing from a trusted distributor or supplier, or you can visit the manufacturing company directly and place an order. By doing this, you will be able to purchase your tiles in bulk at a lower price, which is the best way to manage your company’s costs.
ADVERTISE YOUR BUSINESS
You should be aware that in order to get your business up and running, you will need customers, and these customers will not come to you willingly; you will need to attract them. First and foremost, you should obtain a business card that you can distribute to people you meet so that they can contact you. Collaborate with people in your industry, such as building contractors, site managers, painters, and even laborers and people who install tiles, as they can help you connect to major projects.
Have a visible signpost for your business so that everyone can find you. Consider attracting customers who live a long distance away; this will broaden your market and sales, allowing you to expand. By the time you start this business, you may need to start on your own so you can closely monitor the business. It is better you understand your business before handing it over to someone else to manage for you. Once it has reached a reasonable growth stage, you can hire a shop assistant to help you stay in the shop. You may need more hands for this business as it grows.
Advertisement is critical; do not overlook promoting your tile business in Nigeria through various channels of advertisement, such as social media, the most important of which are Facebook, Instagram, Twitter, and WhatsApp, as well as on television and radio if you have the means, and through flyers, handbills, billboards and posters; they are all necessary in promoting your business; without promotion, your business will be limited in its reach, which is not good for its growth.