Steemit Engagement Challenge Contest | Business review in my city by @beckie96830

in hive-120861 •  3 years ago 

Introduction

Writing about a business is a form of advertisement and in some cases, it could be legal while in other cases it isn't. Whatever the case is, I have decided to write on a traditional retail business by a trader who lives beside my compound in Nyanya, Abuja, Nigeria.

I live on the outskirts of Abuja, where setting up a standard business isn't the order of the day. Normally, what you'll see are roadside attachments of people selling.

And to think that these people are comfortable with what they're doing. From that business, they train all their children from primary to tertiary level.

This mini enterprise which is a container of goods is owned by one Mr. Abdul. People only refer to him by his first name around my street. He's not a fan of technology but I can say that he's better than when he initially started.

IMG_20220426_141557.jpg
In front of Mr. Abdul's container of goods

Business Review Proper

Mr. Abdul is a small-time business owner who over the past 6 months has grown from selling a few businesses in the container to expanding including various little groceries and inclusion of the Point of Sale payment system.

He started by selling biscuits and sweets which were the remains of the initial owner of the container. The owner was relocating and transferred ownership to Mr. Abdul.

It was not a formal transfer that involves contract signing and lawyers but a mare fee that the current owner had to pay.

When he bought the property and the remaining goods, he was not making much. He had to save up from his main salary work which was being a gateman at the compound directly opposite his shop.

Mr. Abdul aside from being the owner of the shop is a gateman. His gateman job doesn't interfere with his business and vice versa.

Out of respect for his job and religion, he closes by 6 pm daily and does not open on Fridays because he's a Muslim.

Here are some of Mr. Abdul's goods on display

IMG_20220430_120039.jpg

IMG_20220430_120041.jpg

IMG_20220430_120047.jpg

IMG_20220430_120056.jpg

His goods range from assorted biscuits, sweets, beverages, noodles, drinks, seasoning cubes, and toiletries. He offers PoS services, which in this part of the country is rampant and lucrative.

  • What are PoS services?

It's a mini banking system that gives out a certain amount to individuals for a little fee. This financial transaction is facilitated through a PoS machine that is affiliated with your bank.

IMG_20220426_145038.jpg

The banner on the railings indicates that PoS services are offered there and this is in front of Mr. Abdul's shop. He was rendering such service to a customer when I took this picture and anything financially inclined should be treated with utmost secrecy.

Prices of his goods

He sells the same category of products and their price range.

IMG_20220430_120133_1.jpg

Product/ServicesPrice range in nairaPrice range in steem @ #200
POS Services100 per 5000 withdrawal or deposit0.5 steem
Sachet beverages70 - 400 per sachet0.35 - 2 steem
Biscuits20-200 per biscuit0.1 - 1 steem
Sweets10 - 50 per sweet0.05 - 0.25 steem
Spaghetti400 per packet2 steem
Indomie150 per packet0.75 steem
Toiletries100 - 500 per sachet0.5 - 2.5 steem
Drinks120 -300 per bottle0.6 - 1.5 steem
Peanuts50 per sachet0.25 steem
Cereals200 - 400 per bag1 - 2 steem
Stationaries200 - 4001 - 2 steem

Mr. Abdul is an honest trader and doesn't scam people. No matter how little your change is, he would pay it to the kobo unless you're kind enough to leave it for him.

He trades at:
Location: Phase IV Road III Nyanya Abuja
What3words: ///reheating.squeaking.hibernate
Google code plus: 2HRH+3C7 Ado

IMG_20220501_190727.jpg

What3words: ///reheating.squeaking.hibernate

IMG_20220501_191117.jpg

Google code plus: 2HRH+3C7 Ado


From the pictures shared, it can be seen that Mr. Abdul sells quite a lot of things. It wasn't like that a few months ago and I have watched him grow.

I patronize him a lot but when I want to buy other things like fresh tomatoes, potatoes, farm products, etc, I have to go to the Nyanya Market located not far away from home.

Conclusion

A small-scale business is very lucrative as long as you're consistent and sincere. That's the first rule for any successful business enterprise. Start small and reap big...my make-shift slogan.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Welcome and thank you @beckie96830 for your participation and contribution to the success of the "Steemit Engagement Challenge" Program initiated the Steemit Team by participating in the Steem Business Contest from the Steem Entrepreneurs Community

May success be with you in life and steem on!

Team verification results :
Verified userYES
Plagiarism-freeYES
Bot-freeYES
#steemexclusiveYES
#club5050YES
#club75YES
#club100NO
Beneficiaries 20%NO
Voting CSI20.0

Keep up your good work, best regards and good luck !

Hello friend how nice that you have been able to see the growth of Abdul's business, if I can notice that it has many products, taking into account that it is difficult to get business in this way, I am very glad that Mr. Abdul has worked hard to get it, and well on your part thank you for showing us this good business. I wish you the best and that you continue to grow much more.