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Footwear Manufacture- The Lucrative Business of Palms Slippers Production


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How often have you walked outside the house without any footwear? Look around you, how many people around you are without any footwear? Nil! Right? Now calculate this In reference to the 40 million population of Nigeria, its then obvious that everyone loves and must be on footwear almost all the time and of this all this people no one of them makes his or her own wears as its produced buy footwear production firms in Nigeria and across and this is where you come in. how many footwear do you have in your possession, how many footwear have you used before now? How many do you have now? Am sure all where bought, how much did you spend on them? Assuming the 40 million population owns just of the same number for the same amount as yours and all this is produced by your own footwear production firm/company. if the Hausa’s (popularly known and called Aboki) in Nigeria can make a just livelihood just collecting as little N50 to N200 or above repairing and mending spoil footwear how much then is it for the manufacturer/producer of those wears. footwear production is a profitable business idea for as many that would want to start a profitable home business should seriously consider starting the production of palms slippers.
            Everybody must wear one or two footwear each day and this is the reason why footwear production firm around the world are growing, expanding and enlarging their horizons on daily basis. Footwear are of much importance as they act as

-         Protection to the feet against harmful objects and
-         Add beauty to dressing etc this and more guarantee increase in demand for this product not considering the economy of the nation, no matter what the economy dictates it has never stop people from buying shoes and palms making the business and companies of footwear production a stable and profitable venture for you to invest in.




The good news-
The good news is that unlike most lucrative business, startup sometime is capital intensive with high technicalities the business of footwear production requires little capital for successful start up.
Machines needed
-         Cutting machine
-         Shoe sewing machine
-         Lass (for foot size measurement)
-         Power generating set.
        The above machines are just the major fixed machine needed for the business and are locally available and cost little.
Other materials include
-         Nails
-         Scissors
-         Puncher
-         Pliers
-         buckles
-         pins(couples) 
       
        In this article, my aim and objective is to establish the fact that footwear (palms slippers have become a major trend in fashion among Nigeria people and have thus become a lucrative business for as many investors that are willing to earn money from this profit guaranteed business.
Steps toward s starting up:  


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Our guide will run you through questions you need to consider before investing into this business. It will also give you a basic idea on what to expect when operating and managing your footwear’s manufacturing business.


Product details
•   Language: English
•   Last edited (june 2015)

TOPICS COVERED IN THE MANUAL


CHAPTER 1
INTRODUCTION
1.1              BACKGROUND TO THE STUDY
1.2              PROBLEM STATEMENT
1.3              NEED FOR THE PROJECT
1.4               DESCRIPTION OF THE PROJECT
1.5              AIMS AND OBJECTIVES OF THE STUDY
1.6              METHODOLOGY OF THE STUDY
1.7              SCOPE AND PLAN OF THE STUDY

2                    CHAPTER 2
MARKET ANALYSIS
The purpose of market analysis is to know the level of demand for a product which will justify the need to commit resources into such business. This chapter will give an insight into the level of cost and the opportunities which are abound in footwear industry.

2.1              NATURE OF THE INDUSTRY
2.2              MARKET SHARE OF THE INDUSTRY
2.3              PRODUCT AND SERVICE
2.4              ADVERTISEMENT AND AWARENESS
2.5              FACTORS AND STEPS IN DECISION MAKING
2.5.1        SWOT ANALYSIS
2.5.2        STRENGTH
2.5.3        WEAKNESSES
2.5.4        OPPORTUNITIES
2.5.5        THREATS
2.6              MARKET SEGMENTATION
2.6.1        SEGMENTATION
2.6.2        MARKETING STRATEGY
2.6.3        PRICING STRATEGY
2.6.4        DEMAND AND SUPPLY SITUATION
2.6.5        FUTURE DEMAND AND SUPPLY
CHAPTER 3
TECHNICAL FEASIBILITY STUDY
3.1 PRODUCTION AND COST ANALYSIS

This and other important information’s where discussed in details in this eBook down to 

CHAPTER 6.
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