Starting a business is not an easy task and being in a position to run it successfully can become a challenge if you do not have a plan or goals.
Failing to find a better way to get the best out of your new business can trigger you to make poor decisions which in turn can lead to being a business setback.
To put yourself at a better place for a successful business, avoid making these mistakes;
1. SETTING UP YOUR BUSINESS WITHOUT A PLAN
Before starting you new business, it is good to go through the planning phase so that you have a rough idea of what the business will entail as well as the market for your goods or services.
2. FAILING TO HAVE SPECIFIC GOALS
Setting smart goals before starting your business helps you to remain on the track as you go about your daily activities.
3. INADEQUATE FINANCES
It is worth noting that money is one of the main causes of business failure. Ensure that you have adequate finances for your new business so that you can comfortably run it, otherwise, it will fail in no time.
4. DOING IT ALL BY YOURSELF
For your business to succeed, it is good that you seek advice or support from your friends or other business owners and learn about different tricks to succeed in your place of expertise.
5. IGNORANCE OF MARKETING
Before settling on a business idea, take note of the marketing strategy you will employ as this will greatly affect your business progress and success.
Peace Mass Transit Launches 50 Brand New Buses [PHOTOS]
Peace Mass Transit (PMT) Limited, the leading mini-bus transport company in the country, has readied a total of 50 brand new buses for injection into its fleet.
The buses are all products of newly established PMT Vehicle Assembly Plant, located within the Emene Industrial Layout headquarters of the company.
PMT Executive Director in charge of operations, Enete Ifeanyi Henry Clinton disclosed that the new buses would be assigned to drivers and has already being deployed to all the PMT depots across the country.
Peace Mass Transit has an active fleet of 4,000 buses with at least 2,000 on the road daily. It regularly freshens up the fleet to meet customer expectations and also maintain its market leadership.
PMT Founder and Chief Executive Officer, Chief Samuel Maduka Onyishi, maintains he runs the company as a “ministry” and not strictly as a business, and would, always do what it takes to keep the company as an industry leader, at all times.
“The brand new buses we are injecting cost almost N 17 million per unit, but I have a pact with both God and our huge clientele to offer the best possible services at all, times,” he stated after inspecting the newly assembled buses on Monday.
Customers are encouraged to book online through www.pmt.ng, or visit our website –peacegroup.ng
Chief Onyishi, Member of the Order of the Niger (MON) expressed gratitude to God and also to Nigerians who have trusted the brand (PMT) for over 20years. He urged them to keep their faith in the company and promised to always deliver beyond their expectations.
“Our customers deserve even more and no less,” he added. “We will never take their patronage for granted because they have brought us this far.”
He reiterated that the introduction of the new buses was a “strategic fleet rejig” and in no way signified or suggested older vehicles had any maintenance issues or were about to be discarded.
“Our maintenance culture is top-notch and the team is manned by technicians and engineers some of whom were trained abroad.
All PMT vehicle plying the highway, are regularly checked for maintenance, to avoid breakdown. All our vehicles run on strong quality tires which are replaced upon attainment of a certain mileage.’’
He reiterated that the introduction of the new buses was a “strategic fleet rejig” and in no way signified or suggested older vehicles had any maintenance issues or were about to be discarded the chairman concluded.
Special, distinguishing features of the new buses include, but not limited to EBS/ABS brake system combined, digital dashboard, factory-fitted speed limiter, on-board TV, and DVC player for customers’ non-stop pleasure.
According to the Executive Director, Ifeanyi, ‘’Multiple charging points and luggage controls are being provided, with all the buses fully air-conditioned, which includes protective seat belts for all passengers.
Free Wi-Fi services for passengers are still in the works.
‘I Didn’t Inherit Any Money From My Father, I Built Everything From Scratch’ — Dangote
Africa’s richest man, Aliko Dangote has revealed that he didn’t inherit any money from his father.
He stated that he built his empire from nothing.
It is widely believed that the Billionaire inherited his wealth from his late father, Mohammed Dangote.
Speaking in a new interview, Dangote however confirmed that his father who died when he was only 8 years old was actually wealthy but he (Dangote) gave out the things that his late father willed to him to charity, and started his own life.
Aliko Dangote is now valued at $14bn by Forbes and this makes him the 95th richest person in the world.
He has the largest cement company in Africa and his refinery in Ibeju-Lekki when completed is set to be one of the largest in the world.
Dangote Shuns Innoson Motors, Orders 10,000 Trucks From Indonesia
Dangote Group has concluded plans to purchase 10,000 light pickup trucks.
But the company appears to have shunned Nigerian carmaker, Innoson Vehicle Manufacturing, IVM, as the trucks are coming in from Indonesia.
Putu Juli Ardika, the Indonesian Director of Maritime Industry, Transportation Equipment and Defense Equipment, said the vehicles would be purchased by Aliko Dangote through his company, Dangote Group.
Ardika explained that the trucks would be imported into Nigeria to serve as means of transportation to rural communities.
He said the vehicles would be used by farmers and others in Nigeria’s agricultural value chain, to transport water, cassava, and seed processors.
“Dangote’s team will check three units as a sample to be brought to Africa at the end of January.
“The trucks are set to be exported over five years, with 1,000 units to be exported this year and next year,” Putu said.