10 Small Businesses of Next 10years

During late last year, the Nigeria government privatized power sector. The operation of the power generation and transmission unit was handed over to private investors. This is a sign of positive thing in power sector, that would materialize into stable power supply and perhaps, no more blackout by year 2024.The dynamic of business operations and business environment will significantly change,trailing along this path. Few Businesses will suffer or fizzle out unless if they innovate while many businesses will boom. I took my time to engage small business managers and economy analyst on business that will boom as power revolution in Nigeria boom.Here, is the list: 1.Sales of home appliances like fridge,Air conditioner, electric cooker. As the power stable, Nigerians will redesign their ways of life,better standard of living that relies on such technology. Therefore, as general purchase increases, level of consumption and utilization will surely increases exponentially. 2. Printing, publishing, and design business. Our social and religious life pattern guarantee expansion in this sector.Every wedding ceremony is flush with various printing souvenirs; jotter, customized wears, plastic, cartoon packs, calender to mention few. Similarly churches and Mosque programmes require posters,banners,calender, customized wears. Institutions, Government agencies,companies etc are improving their branding concept using products of printing & publishing companies. Thus, there is continue upsurge in demand. With power stability, operation cost will be reduced and more money for you as a printer. 3. Cyber cafe business. With about 50% total revenue expended on fuel and generator. Cyber cafe is pose to reap so much benefit from stable power supply.As the increase in internet user increases,combine with power stability, the more vibrant is this business in next decade. 4.Salon business. I can tell you more on how poor power supply is not only depleting the profit of many barber but also killing many salon and underpinning the development of the industry and its allied. As a barber, i can predict my fortune in the decade with stable power supply. 5. Football viewing center. Unarguably, every man in Nigeria is a football lover, either fans of National team or European football clubs. People will continue to patronize viewing centres to enjoy their beloved Messi and C. Ronaldo because not all of them can afford Dstv at home.I was once owner of viewing centre. Then, i could smile at the end of the month after expended heavily on generator repair,fuel, and even defunct PHCN bill. Ask any manager of viewing centre, "Power is killing us" is their ringing tone. Just imagine how fat your account would be,if all this problem is not there. 6.Sales of frozen food like turkey,chicken,fresh fish etc will experience bullish trend come next decade. Asides increase in revenue, stable power supply will help to cub wastage and spoilage of fresh food products. 7.Hotel and fast food businesses.you don't need business analyst or clairvoyant before you understand how stable power sector will transform present struggling hotel services sector to more lively and vibrant sector.People should watch out for more employment in this sector as electricity becomes stable in Nigeria. 8.Computer centre business. This category of business is directly related to electricity. More stable it becomes, the more improvement in the business. 9. Video Club business. 10. Iron and steel Weldering business. If you're thinking of learning vocational training, this technical work is not a bad choice to make. With current power problem, the business is striving, people are building more houses and executing construction work of various type, that makes them your potential customers now and the decades to come. There are many more businesses and sectors that is awaiting the positive result of privatization of power sector in Nigeria. Think of power stability, think of how you can tap into the opportunities.Also watch out for next article on 10 small business that will die in next 10 years only if............? For more info and consultancy advice on how to position yourself strategically, in order to become successful in business of next decades. Call 08064902464