Skip to main content

THE THINGS YOU NEED TO START AN AGRICULTURAL COMMODITY EXPORTING BUSINESS

The non-oil export business is still at its primitive stage in Nigeria with a high potential for growth. The market still needs more Nigerians to explore it, especially Agricultural commodities. But, before you can start earning in this market, there are some preparation you should make. This blog will be emphasizing on some of the necessary things you should put in place before starting. They are:

1.Write a business plan. Starting an export business requires money and planning. A business plan is a vital part of any business loan application process and helps uncover areas that may require extra capital, travel research. For example, U.S. Commercial Services recommends having a Japanese business contact when exporting to Japan because of the language and cultural barriers inherent in doing business there. A business plan will help exporters discover this kind of information before making a costly error. 
 
2.Pick the product niche market and find foreign buyers. For new exporters, having market niche products is the best way to enter a new market, since competition from larger exporters is less likely. Deciding on the products requires researching and understanding the foreign market. To begin research on market niches, the U.S. Commercial Service offers trade profiles that describe a country’s business culture, buying habits and possible markets for U.S. goods. These country-specific guides also offer contact information and possible leads to foreign distributors.
 
3.Get financing for the export business. Exporting requires startup funding for such things as finding customers and products, joining associations, hiring customs brokers to help with the customs process, shipping costs, container costs, customs fees and surety bonds. Surety bonds offer financial assurance and, as a requirement for many countries, make sure the exporter can afford the customs warehouse costs. Other exporting costs depend on the product and target market.  

4.Choose office space. Image plays an important role in exporting. Foreign buyers and customs house operators feel more confident when they deal with a company that has a physical business address. Office spaces must fit the planned business model. A business plan will help in deciding if a large office or warehouse is required .  

5.Get some training. Starting an export business is a complicated and expensive enterprise. You should get some training in the process of Agricultural commodity exportation. Understanding shipping restrictions, common terms and custom processes is essential when choosing an import country and products. 

If you are interested in starting this profitable business, we are ready to assist you and make it a success.Subscribe to our NON-OIL COMMODITY(Agricultural and Solid Minerals) EXPORT BUSINESS START-UP CONSULTING SERVICE, send us a mail with the subject "REGISTRATION" to tosfatconcepts@gmail.com and we will send you the registration details.
 
For existing exporters of Agricultural and Mineral Commodities, we can assist you with our NON-OIL COMMODITY EXPORT BUSINESS MANAGEMENT CONSULTING SERVICE. Our solutions covers challenges in major stages of non-oil commodity export business. Let us know the challenges you are facing right now and we will be willing to help you out. Send us a mail for more information on this service.
Thank you for sparing your precious time in reading this report. To make inquiry or payment for any of our services, contact us with the following information below:

Phone: +234 80 38248 222
Mobile:+234 80 76000 259
E-mail: tosfatconcepts@gmail.com

To your Success,
Gbeke Faith    
Chief Consultant

Comments

Post a Comment

SEE OTHER INTERESTING ARTICLES

PLANTAIN FLOUR PRODUCTION AND EXPORTATION

Plantain flour is used in preparing a staple food, loved  by different tribes of Nigeria. In the southwestern region of Nigeria, it can be kneaded into dough usually called “Amala” by the Yoruba speaking tribe. The health benefit of plantain flour cannot be over emphasized. This makes this product a very good exportable product among semi-finished exportable product category in Nigeria.  Plantain flour is made of dried and pulverized sliced plantain. Therefore, the major constituent used in making Plantain flour is PLANTAIN. Plantain is rich in high fiber content, It has low sodium/fat content and relatively rich is protein (between 3.0 to 3.5%) compared to other fruits.   It contains high level of Ascorbic Acid, Carotene and some other vitamins valuable to the development of the body. Plantain flour consumption is especially good for patients suffering from: Diabetes, Coronary Heart Disease, Arteriosclerosis, Angina Pectoris, Palpitation, High Cholesterol L...
3 comments
Read more

SHEANUT/SHEABUTTER EXPORT BUSINESS OPPORTUNITY

SHEA NUT Shea nuts are primarily grown in West and Central Africa in the semi-arid Sahel,referred to by traders as the "Shea Belt". Vitellaria paradoxa and Vitellaria nilotica are the two main varieties. Shea nuts are mainly use in the production of Shea Butter. Therefore all the uses of shea nuts are invariably embedded in the economic importance of Shea Butter. Sheanut grows in the wild across the Sudan-Sahelian region of Africa. The major producing countries are: Nigeria, Togo, Benin, Ghana, Uganda, Mali, Burkina Faso and Central African Republic. Nigeria is currently the leading producer of Sheanut in the world and in 2004 Nigeria's production of the commodity was 414,000 metric tonnes with export value of US$61.04 million (Source: FAO).   Shea nut is grown in Kwara, Kogi, Niger, Oyo and Ogun state. It can also be found in a number of the northern states of Nigeria.   It is important to note that Nigeria is the largest prod ucer of shea n ut in West...
Post a Comment
Read more

CHARCOAL EXPORT BUSINESS OPPORTUNITY

Tap into the emerging market of non-oil commodity export. It is not only oil that we export in Nigeria, we export commodities. But I must tell you the truth; commodity export is untapped in Nigeria. What is happening now in Nigeria is a kind of revolution, in the sense that government is now reawakening itself to the danger of completely abandoning the non-oil sector. Presently, a lot of commodities are being exported out of Nigeria, like charcoal, Cashew Nuts, Shea Nuts, Cassava Chips, Honey, Kolanuts, Bitter Kola e.t.c which is in high demand by international buyers, but we will like to discuss CHARCOAL EXPORTATION in this report. CHARCOAL EXPORT BUSINESS                            Though, one of the nation’s biggest export earner, it cost no fortune to set up and there is no shortage of market overseas. Added to this, one can run it from home. Give...
5 comments
Read more

FREE REPORT ON KOSSO WOOD EXPORT BUSINESS

It’s now vividly clear that the Nigerian economy is now focusing agricultural commodities exportation which has not been given enough consideration for a very long time. The Nigerian economy has been majorly sustaining on OIL EXPORT which has capsize our currency from $1=N1 in those days, to $1=N 50 0 nowadays. Right now, serious investors are shifting to NON-OIL COMMODITY EXPORT. There is a saying that “as time goes on, the world shift”. And “the only permanent thing is CHANGE”. Therefore, every good investor will move with the trend. The current trend is NON-OIL COMMODITY EXPORT/AGRICULTURAL COMMODITY EXPORT. In this report, we we will be discussing a particular agricultural commodity popularly called “Kosso Wood”. PROFILE Botanical Name : Pterocarpus erinaceus DESCRIPTION The tree height varies from 12 to 15 m. The bark is stiff, blackish and scaly. The branches have long shoots which bend downwards. The first golden-yellow flowers appear in January when the tr...
Post a Comment
Read more

GINGER VALUE ADDED PRODUCTION

Ginger is a spice that is highly valuable in the international communities. It’s scientific name is Zinzigiber officinale and it is often dried artificially or through the sun to 10% - 12% moisture content. It is recognized for its pungency, aroma, aleo resin and high oil content. Ginger is an highly valuable spice across the world. It's usefulness cut across major industries and continents of the world. It is available in various form like; Fresh Ginger, Sliced Ginger, Dried Split Ginger and Grounded Ginger. Ginger is mostly used in the confectionery industry for producing ginger ale, ginger beer, biscuits and other ginger flavored products. It is also used in the pharmaceutical and cosmetics industry. Therefore, it’s demand is increasing both locally and internationally. To realize more profit, you need to get involved in Ginger Value Added Productions by processing dried split ginger into Ginger Powder or Concentrate rather than selling it raw to the local and internatio...
Post a Comment
Read more