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How To Start A Profitable Laptop/computer Accessories Business In Nigeria

Discussion in 'General Business' started by serome, Aug 4, 2018.

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  1. serome

    serome Administrator Staff Member

    Hello welcome to my thread again, i still remain you loyal serome. On this thread, i want to share with those who have interest in Laptop accessories business how they can start in Nigeria easily. This will be my first post i'm going to give details where you can get the item if needed to.

    How to Start A Profitable Laptop Accessories Business in Nigeria
    [​IMG]
    The world of ICT has become really large in Nigeria. Currently we are archiving over 35 laptops sales daily over the past 2 years and people are still buying everyday. Nigerians now need laptop computer in all they do. Students uses laptops for project, website design class, computer training class and many more so many offices and companies business depend on internet and computer is what they need to have things done. The use of laptop computer in Nigeria has grown beyond imagination.

    This has made the idea of laptop accessories business become very lucrative in Nigeria. This is a nice business to start now if you have the startup capital and have interest in the business. From laptop accessories business you can become a millionaire if well planned. So of the people who started this business few years ago that i know then now travel to China to import accessories in large quantity to supply to wholesalers in Nigeria. This shows that the business is profitable and doing well in Nigeria.

    Some people need to replace their burnt or spoiled charges whole some others need to get battery for their laptop and some are looking for other accessories to buy. The most fast selling laptop accessories are
    1. Laptop Batteries
    2. Laptop Chargers
    3. Flash Drive
    4. SD Cards
    5. Earpiece
    6. Laptop Ram
    7. Laptop Hard disk
    8. Laptop Keyboard
    This 5 mentioned items are the must common required accessories in Laptop. There are others though but the requested for are the above listed items. If you wish to start laptop accessories business, then you must look into any of this items in order to be making fast sales.

    When we talk of starting a business like this, some of us will want to give excuses such as no money to rent a shop, this and that. The fact remain that life has gone beyond when you needed a shop to start business like this. At this time things are no longer done with just a shop alone. I'm not saying it's not good to have a shop, how about when you don't have money that could rent shop and attain you business properly. Why not think straight and start with what you have.

    You can start this business with a minimum of 100,000 Naira in Nigeria, and as for the maximum amount, there is no maximum amount. You can start with 5M 10M and so on.

    Depend on your startup capital. If you are starting small then there is no need of getting a shop, you can purchase your laptop accessories from wholesalers and post them online such as jumia, olx, facebook page, konga, jiji, proudnara sales center and more. With good promotion you can start making money. When you acquired enough money from that method then you can proceed to get a shop.

    For those of you who have good amount of money to start this business, the right thing to do is to go get a shop at a busy mall or plaza. After that the get your item from wholesalers in Nigeria. There are some laptop accessories wholesalers in Nigeria that i will be giving out their contact before i end this post.
    laptop accessories in Nigeria.jpeg
    The amount of item you would want to purchase depend on your capital, you may decide to load your shop full of items. Make sure you go for the original products, though they are more expensive there worth going for as they will build customers trust.

    Market Your Business Nationwide Online
    After having you shop set, the next thing is to find a way to reach out to customers. You can't archive that while just seating at your shop, there is something more than having a shop. If you are not making any sales there is every probability you won't be happy with yourself nor your business.

    Every one knows how to set up a shop, but how do grow your laptop accessories business is the major goal why we are here. As i have always said, internet has taken over everything in the world of business. In the internet you can reach people that are not even in same city with you. People who couldn't have come to your shop can find you from the help of internet.

    If you should adopt the use of internet for you business, there is a guarantee that you will excel except you don't know what you are doing or not focus or even God is not on your side. To start, go to jumia seller center and create account with your business details. If you don't know jumia, it's an online shop where someone can go and order something online and the next thing the item gets delivered to the buyer at his/her house. At beginning jumia was offering payment on delivery where the item gets to your first before paying for it, but have to stop the payment on delivery feature due to rubbering incident to took place sometime 2017. Jumia and konga are the most popular online shops in Nigeria with over millions of buyers daily. Due to the fact that jumia don't have all the product to sell to their buyers, they introduced a means to allow business owners to sell their products on their platform and take commission.

    If you become seller on jumia, then you have nothing to worry at all. Jumia will take care of every stress for you, both receipt, delivery and collection of the item money.

    On jumia, there is nothing they don't sell there. Your laptop computer accessories will be a mega sales on jumia. So many people has been selling on jumia already, the good thing is that you have reserved the right of giving your item any price that suites you.

    Promote on Facebook
    Facebook is another amazing place to promote your business to get more customers. You can run advert campaign on facebook to get more sales. The process is easy, all you need is a facebook page and some cash for advertisement. You can learn how to create a facebook page for free here.

    Sell on Jiji and Olx
    This two mentioned website are classified website known as online market place where anybody can go and list his/her item for sale easily. You can list your laptop accessories on both of this website for free. Though jiji is no longer functioning well due too much interest for money showing only boosted ads, olx is still a better option to follow.

    Sell on Proudnaira sales center
    You can now sell your products on this forum FOR SALE center for free and gain sales sharp sharp. Products listed for sale on proudnaira forum will be paid advertise of google and facebook without you paying a damn for it. It's is good to post your items as a thread and keep updating it regularly to get more sales on their forum. That will serve as your sales thread that you manage. Your thread will as well rank on google and other search engines some when someone is searching for where to buy laptop charger on google, your thread will be shown to him/her. To sell on proudnaira is free, just create a thread on FOR SALE center with your item name and business name and description including item photos. Example create a thread with title: "Buy Laptop Charger at Cheap price in Nigeria from Vickitech" then write your product description, add your phone number and shop address on the description.

    If you can handle your online marketing very well, you will discover that you will be getting orders from people are are not even in same city with you. You can even become a wholesaler to retailers due to your price. Note that so many people are reselling at different states, if your price is cheap and affordable they may likely make your their supplier if your business come wide in front of them.

    Get A Business Website
    It will be a good idea to have a business website where customers can easily place order on your items at anytime. It will help you gain more sales because google will be ranking your website and if you could make front page, your sales will become high.

    Start Importation of Laptops Computer Accessories
    Don't relent because you are now making too much money. It time to start importation accessories from China direct so your business can gain more upper hands and make more profits. You can start with online importation, buying online from China and have them packaged and shipped to Nigeria. I have direct contact with company that deal on laptop accessories in China but i won't be dropping their number here. If you need it, find way to reach me. Don't think it wrong, i won't be charging a damn to give it to you, just that i don't want to expose it here without their permission. You can message me here if you needs it. You can as well order online on website such as aliexpress.com, alibaba.com, made-in-china.com I will be writing on how to start importation with this website soon. You can follow me here so you be the first to get it when it release. just use the follow button on my profile if you are a member of this forum, if you are not yet then register and follow me.

    You can as well start making an effort to travel to China to see how things are done there and make direct contact and start the main importation of charger to Nigeria. If you become an importer then you don't have to wait to start selling to retailers. You just supply to wholesalers and place another order. The faster the sales the richer you become. You can have some on your shop for sale but your major focus should be supplying to wholesalers.

    I order for you to travel to China, you will need a China visa, passport and some other minor requirements. But the most important document needed is international passport and visa. The visa process is really taking too long now, we hope they improve on it soon.

    In the beginning of this post i said i'm going to share contact some laptop computer accessories dealers in Nigeria where you can start buying from to resell. I will be giving you two contact of different person, they are both in Lagos state however for those outside Lagos state, you can negotiate delivery or you come to Lagos to get it at your first order.

    I have confirmed that laptop accessories are cheap from this sources, that is why i decided giving out their contact on this thread after getting their permission.

    Alex Computers
    Alex computers is a direct importer of laptop accessories. He has all the accessories you could every think of such as mouse, keyboard, earpiece, flash drive, chargers for all kinds of laptops, batteries for all kind of laptops.
    Company Name: Alex Computers Ltd
    Name: Alex
    Contact Number: 08164694083
    Address: Opposite Sky Bank, Computer Village Ikeja, Lagos State

    Note that Mr Alex don't deal on laptop ram and hard drive. If you want to buy hard or ram then call 08032895413. This person is at computer village Ikeja also. You can find out anything you want to know from them by calling any of them.

    I will stop the thread here at this point, i'm so tired now. If you have any question, feel free to ask.
     
    Apresiko likes this.
  2. Oluchi

    Oluchi New Member

    Wow. This is amazing bro. I will tell my Cousin looking for what to invest in to consider this business. From your explanation and steps given there is every reason hole can handle thus business.

    Thanks for this idea, God bless.
     
  3. helenwalton97

    helenwalton97 New Member

    Good info. But now competition is so big..
     
  4. Tilda123

    Tilda123 New Member

    It is really good information...But...Why do you want your own business? In my opinion business is the kind of earnings that can bring income through time. You need a different kind of earnings, if you want to earn quickly. There are many ways to earn money online. I use sports betting. I started working on https://777score.co.uk It is really works!!! I am really happe, because I had a stable income. Sports betting is interesting!
     
  5. vssmindng

    vssmindng New Member

    Step By Step Guide To Registering a Business Name Or A Company In Nigeria.


    Registering your business is a very important step you must take to bring your business idea into reality.Most people commence business before registration and still do fine, but it is advised that you do this
    at the preliminary stage of your business planning process.

    In this post, i will guide you on the benefits you derive from registering your business and how you can go about it in Nigeria

    Here are the benefits of registering your business:

    It protects your business or trade name: once your business is registered you can be sure that no other individual, company or organization can trade in that name. But if its not registered, someone else can trade with the name and even stop you from using the name if he/she registers it before you!
    It gives your business legal recognition
    It promotes your brand and image.
    It gives your business some form of credibility and seriousness, hence customers are willing and comfortable dealing with you
    It Qualifies you to bid for contract and jobs both in the private and public sectors
    It helps you raise funding for you business from banks, development finance institutions, venture capital, institutional investors and individual fund providers
    It reduces your personal liability in the ordinary course of business: This is associated with the limited liability company model. When a company is registered, it becomes a legal person that can sue and be sued. So your business becomes independent and no one can come against you or your personal properties except when you use
    the company to commit fraud and other things that can make the corporate veil to be lifted
    It is a definite step towards institutionalizing your business

    I can go on and on. The main point here is to note that registering your business is not only legally necessary but also commercially beneficial. For instance, to open a business bank account, you must first present your business registration documents for verification by the bank.

    In Nigeria the organization that is responsible for business registration and regulation, including not-for profits organizations such as churches, mosques and NGOs is the Corporate Affairs Commission which was established by the Companies and Allied Matters Act 1990 as amended.

    Business registration can take either of two forms, viz: Registration of Business Names or Enterprise and the Incorporation of companies.

    The type of registration you need will depend on the structure of your business. Our law recognizes Six forms of business structures, namely:

    A. Sole proprietorship
    B. Partnership
    C. Registered Company.
    D.Unincorporated Associations
    E. Cooperative Society
    F. Incorporated Trustees

    If you are operating as a sole trader or you are operating as partnership with your friend or family member in a loosely or informal way, then you do not need more than the registration of business name or enterprise.

    Let me quickly go into the details…

    Registration of business names or enterprise

    If you are doing business with your real name, the law does not require that you register it, But if you are doing business in any name other than your real names, the law provides that you must register that name with which you operate your business.

    For Example;

    if Okonkwo Adamu operates a mini store in his true name as Okonkwo Adamu, he is not compelled to register such name. But if he operates as Okonkwo Superstores or Taiwo Mart or any other name other than his full name, he must register the name as an enterprise. In this case, the law recognizes him as Okonkwo Adamu trading as Okonkwo Super Stores, etc.

    Registration of business name is easy, requires limited documentation and is cheap. With as little as N10,000, you can get your certificate of registration of business names in few days. Registration of Business Names is covered under Part B of the Companies and Allied Matters Act, 1990.

    Incorporation of Company

    Incorporation of company on the other hand is ideal for more structured businesses and is necessarily required for limited liability companies.
    The limited liability company model is suitable for SME owners that want to properly structure their businesses and have better access to emerging opportunities.

    To some extent, the legal form your business takes will impact on your ability to take advantage of emerging opportunities but an important reason you should be interested in the kind of registration you give to your business is that the law treat each type differently, particularly in areas such as tax, business debts and personal liability. For example, a sole proprietor is liable for the debt of his business up to his personal assets, whereas promoters of a limited liability company
    are not so liable. The liability of the promoters of a limited liability company is limited to the extent of their investment in the company, except in case of a criminal investigation which will now allow the law to lift the corporate veil and hold those promoters personally liable for their actions in the company.

    Today, the Corporate affairs commission has made the registration of businesses and incorporation of company process very easy, by making it possible for people to run the registrations online and by-pass all the stress involved in offline registrations.

    Registration of businesses and incorporation of companies can now be initiated and concluded online through the website of the Corporate Affairs Commission. The CAC accredits professionals for the purposes of relating with the commission on the services they render. Most importantly, the law recognizes three categories of professionals as capable of engaging in company registration and administration business. These include Chartered Secretaries, Lawyers and Chartered Accountants who additionally have to be accredited by the CAC or work in organizations that are so accredited.

    Steps to follow in registering your business name or incorporating your company;

    Step 1- Decide on a Name

    The first step to registering your business is to decide on your business name. In naming your business or company, choose a name that conveys something either to represent the nature of your business or a name that define your goals, values or vision. The right name can make all the difference, so be creative in naming your business. It is also important to know that there are certain names that are prohibited by the law,and there are names that are restricted by the law. Prohibited names cannot be used at all, restricted names can only be used upon approval by the commission. Here are the list of prohibited and restricted names

    cannot be used at all, restricted names can only be used upon approval by the commission. Here are the list of prohibited and restricted names

    Prohibited Names:

    Names that are identical or closely similar to names already registered or reserved.
    Names that are capable of misleading as to nature or extent of the activities of the company.
    Names that are undesirable, offensive or otherwise contrary to public policy.
    Names that would violate any existing trade mark or business name except with the written consent of the owner of the trade mark or business name addressed to the Commission together with a copy of its certificate.

    Restricted Names:

    Names that require prior consent of the Commission before application for name reservation is submitted.
    Names that contain the words ‘Chamber of Commerce’ which must only be registered as a Company Limited by Guarantee.
    All proposed names to be registered as Companies Limited by Guarantee.
    Names that contain any of the following words: National, Federal, State, Government, Municipal, Chartered, Corporate Society, Building Society.
    Any other word that suggests that the company enjoys the patronage of Government or any of its Ministries, Departments or Agencies.
    Names that contains the word ‘Group’, ‘Holding’ or ‘Consortium’

    Application for Consent for Restricted Names:

    Application for Consent for restricted name should be addressed to the Registrar-General and submitted at the Head office or through any of the State offices together with evidence of payment of consent fee of ?5,000. Please see Companies Regulation 2012 for requirements for consent.

    To help you in choosing an available name, you can do a public search of the names in your mind to check if someone else has registered or reserved it.Also note that the Commission reserves the exclusive right to determine the availability of your proposed name. CLICK HERE TO CONDUCT NAME AVAILABILITY CHECK

    Step 2- Write Down What The Object of Your Business Is

    This is called the object clause and will be required as a major content of the memorandum of association of your company. Think through it carefully and write down the things that your business will be doing, i.e the services you are going to render. CAC requires your object to be itemized, simple, unambiguous and straight to the point. Some people make the mistake of putting many objects, both those they do and those they intend to do in the future. you need to know that some business requires lots of registrations other than the CAC registration. E.G SKUML registration and registration in professional bodies. Make sure you get all this facts before putting objects you intend to carry out in the future, we can help you with that if you consult us.

    Step 3- Decide on the Amount of authorised capital

    The authorized share capital you register in your incorporation document will impact on the overall cost of your registration. This is because in addition to paying CAC fees which is standard, you also pay stamp duty on your authorized capital. Stamp duty is usually a percentage of the capital, so the higher the capital, the higher the stamp duty payable. For SMEs operating in unregulated sectors where capital is not usually determined by the regulatory authority, a N1 million authorized capital is ideal for the purpose of incorporating your company. You can increase later to accommodate the demands of your operations.

    Step 4- Decide on who the subscribers to your share capital are:

    You will be required to provide and write the names of your initial shareholders. The law requires that a limited liability company must have a minimum of two subscribers. You are also required to state the amount of their subscription to the shares of the company. If your authorized share capital is 1 million Naira divided into 1 million shares of 1 Naira each, and you are the main person in the business, you can assign 80% of the shares to yourself and 20% percent to a brother or a friend. In such a way, you will still be in control of what goes on in your business, until you decide to relinquish such right by bringing in more people to subscribe to the shares of the company.

    Step 5- Write Down the names of the Directors

    Shareholders are different from directors. While the shareholders are those who provide the capital for the business, directors are those engaged in the oversight management function in the business. There must be a minimum of two directors for a limited liability company. Most SME’s will usually use their wives and children or family members to fulfill requirement 4 and 5, but it is advisable that when you are setting up a business you select to work with people who will add value either as shareholders or directors. The shareholders can also be directors of the company

    Once you have all this details, you then need to follow this process to effect the registration of your business

    Step 6- Create an Account on the CAC Portal

    You can conduct the registering of your business by yourself using the CAC online portal. To do this, you have to first create an account. Go to the CAC website and click on online registration, then click on register and fill out the forms as required. With your username and password, you can log in to the portal at any time and continue with the process of registration of your company.

    Step 7- Do A Name Availability Check

    Having created an account and received your login details, log into the portal, click on public search, type in the proposed name to see if there is existing company or business trading in that name. If there is a company trading in the name or using what is very similar to that name such that it is capable of causing confusion in the mind of the public, CAC will deny you the use of that name. If there are no existing companies or businesses using that name, then proceed to step 8

    Step 8- Reserve the Name

    You will use the business name reservation feature to reserve the name. If you do not incorporate your company within the period the name is on reservation, you stand the risk of losing the name to someone else who is ready. Reserved names will be available for 60 days after which it can be register-able by another person if you dont register it.

    Step 9- Complete the Online Registration Form (CAC 1.1)

    CAC 1.1 contains the information about your company. Fill it out and proceed to the next stage.

    Step 10- Pay the relevant Filing Fees and Stamp Duties.

    You will see the scale of fees on the portal. While the Filing Fees is payable to CAC, Stamp Duties is payable to the Federal Inland Revenue Service and is usually a percentage of the authorized capital.Remember, use 1 million share capital if you are just starting out and operating in an unregulated industry. When the need to increase your share capital arises in the future, you can always do so. Make sure to download the receipt of payment as they will be compiled along with the originals of the Memorandum and articles of association

    Step 11- Prepare, complete, scan and upload the pre-incorporation documents

    These documents include :

    Pre-incorporation form (Form CAC1.1) – this can also be completed online

    Part A – Company Address

    Part B – Authorised Share Capital

    Part C – Particulars of First Directors

    Part D – Particulars of Secretary

    Part E – Statutory Declaration of Compliance by a Legal Practitioner

    Even if you decide to incorporate your company by yourself, you will need the services of a lawyer, at least to complete Part E of registration form.

    Memorandum and Articles of Association

    In this document, you will state the object of your company, the authorized capital and the subscribers to the capital, the name of the company and internal governance structure. Your lawyer, accountant or chartered secretary will guide you in the preparation of your MEMART.

    Proficiency Certificate where required.

    For some kind of businesses, you may be required to show that you have the relevant skill and knowledge to do that business. Businesses like consulting, media practice, engineering services and the regulated services will require the submission of a proficiency certificate. Certificates issued by professional bodies usually serve this purpose.

    Means of Identification such as Drivers’s License, National Identity Card or International Passport of each of the directors and the Secretary is required

    Stamp Duty Receipt – this will be issued by the FIRS on payment of stamp duty. If you pay through remita, they send this receipt to your Email. Download it and add to the documents you will submit to CAC for collection of your certificate of incorporation

    Evidence of payment of Filing Fees – this is usually receipt issued by the CAC when you pay the filing fees. This can be downloaded after payment.Also print it out and attach to the MEMART which will be submitted to the commission before you get your certificate

    CAC will go through all these documents upon upload and revert to you if there are any queries. Sometimes, the reviewing officer may have issues with the object clauses and ask that you correct them. On satisfactory review of your documents and the payment of the relevant fees and stamp duties, your application for registration will be approved and same communicated to you via email.

    Step 12- Collection of Certificate of Incorporation and CTC of your documents

    On communication of the approval of your application for incorporation of your business, you will go to the CAC office nearest to you with all the documents you uploaded for review, submit these documents and you will be given the original copy of the Certificate of Incorporation and the Certified True Copies of the Incorporation Documents. (Note that you will be required to choose the CAC branch you intend to use for the purpose of collecting your certificate, choose the one closest to you as that is where the document will be sent to.

    Here are the documents you need to present to submit to the commission before they can give you your certificate.

    Business name:

    a. business name form CAC/BN/1, duely signed with the attached passport of the proprietor(s) of the business
    b. Payment reciept
    c. means of identification of the proprietor(s)

    Company:

    a. Duely signed CAC 1.1
    b. Memorandum and articles of association, duely signed by the subscribers
    c. copy of the means of identification of directors (international passport, drivers licence, national ID)
    d. Evidence of name approval
    e. Payment reciept for name reservation
    f. payment reciept for the incorporation of the company
    g. Stamp duties payment reciept
    h. Copy of your CAC card (usually given to lawyers, accountants, chartered secretaries or their Firms)

    Now you have completed the incorporation/registration of your company or business. This whole process, if all things are done right, will take not more than 7 days to complete. It is advised that you engage the services of a professional such as a lawyer, a chartered secretary, or a chartered accountant to guide you through because as easy as it looks, issues often arise along the line that may require the input of these professionals. Moreover, you will need to be guided through in the articulation of your Memorandum and Articles of Association, authorized capital decisions and even choice of name for your business.

    We at VSS MIND NG are on ground to handle all your business registrations and incorporation process with the highest level of professionalism. We will deliver within 3 – 5 days and have it sent to your address anywhere in Nigeria and beyond!

    Talk to us today to get a quote.

    Call: 08135088493
    Whatsapp: 08135088493,07062572683
    Email: joshuaukpabi@gmail.com
    Office: DFK3 K-City Plaza Wuse 2 Abuja
     
  6. Amanda

    Amanda New Member

    In order to start importing any things you need to be well versed in all the intricacies of purchases, sales and, most importantly, customs control, since all goods will pass through customs. When I was engaged in import, I always used the services https://clearitusa.com/ of this company. And they always helped me. You might also be useful.
     
  7. Tove

    Tove New Member

    Great info guys, thanks!
     
  8. Lacana

    Lacana New Member

    It completely depends on what kind of business you have. Anyway, one thing I can say for sure - if don't have a website or application, pay attention to this immediately. I think website/app is a vital tool to promote your products and services. If you don't know where to find a good company - you are welcome https://idapgroup.com/custom-crm/
     
    Last edited: Nov 8, 2018
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    skillz New Member

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  10. Betty7

    Betty7 New Member

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  11. Fortunaaa

    Fortunaaa New Member

    Thanks for such a useful article. It motivates me to start my own business.
     
  12. Marinad

    Marinad Member

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    Real helpers New Member

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