HOW TO SUCCEED IN PALM OIL BUSINESS
The following are some tips to make your palm oil business a success.
Know When to Buy and When to Sell: Like I said earlier, palm oil business is like the US stock market, you can buy low and sell high.
In this business knowing when to buy is very essential, as you can buy at the lowest price ever, and if you’re very patient, you can resell at the highest price after just a few weeks or even days.
In Nigeria, there are some seasons where there is palm oil scarcity, so just try to figure out when the goods are cheap, buy and resell when there is scarcity, as the price will be extremely at its peak.
Cut Your Cost: The second tip that will help a lot if you’re looking to start a palm oil business in Nigeria is cutting your cost.
This includes the cost of transportation. You don’t need to hire a whole van for yourself alone, as you can partner with others to shoulder the cost of transportation.
Palm Oil Business 2023 – FAQs
Is palm oil a good business in Nigeria?
Yes, palm oil business is good in Nigeria, as there is lots of money to be made there.
Is palm oil a profitable business?
Yes, palm oil business is profitable, as you can make up to 150% ROI within just a few months.
How profitable is palm oil production in Nigeria?
Palm oil production is profitable in Nigeria, as you can make up to 100% ROI and even more especially if you own a palm tree plantation.
What are the risks involved in palm oil business in Nigeria?
Although palm oil hardly gets spoiled, the risks involved include: rapid depreciation in price, leakage of kegs, theft, and risk of transportation.
Where to buy palm oil in bulk in Nigeria?
The best places to buy palm oil cheaply in bulk include Ondo, Imo, Abia Kogi, Delta, Bayelsa, Akwa Ibom, Cross-Rivers, and Rivers state.
Conclusion
Palm oil business is very profitable in Nigeria, so venturing into the business is easy, although having prior knowledge of how the business works help a lot.
Join our one-on-one mentorship class
Participation fee is N10,000
Mentorship will save you from making mistakes that may cost you millions, mistakes like buying from the wrong persons, losing your money to scammers, not properly storing your products, not buying at lesser prices. Many mistakes.
So, this N5000 mentorship program is like selling a bag of gold and diamonds to you for free.
For this 3-day one on one mentorship, contact us on WHATSAPP, 08137701720
Title : Palm oil Storage Business With No Experience
If you are interested in class to reveal to you how you can tap into the business opportunity in making money in Palm oil storage business,a and storage of other agricultural products kindly contact us on 08137701720 (Whatsapp)
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