6 Things To Do After You Buy A New Car In Nigeria.

    6 Things To Do After You Buy A New Car

With the ongoing inflation in Nigeria, buying a new car can feel like such a miracle and prayer answered.

Finally, you can now get to live your dream, driving exotic cars with your spouse and children.

But that’s not to say you should neglect the basic things that make you eligible for driving on the Nigerian road.

Most of the time, getting a car opens you up to a new level of challenges and responsibilities that may appear somehow cumbersome and there is some factors to consider when buying a new car too.

Not to worry, this post will guide you on the things you need to do once you get your new car and you will know the advantages of buying a new car.

Let’s go where to buy a new car.

1. Insure Your Car

If you just bought a new car and have paid in full, it’s important to insure your vehicle for accident, theft, or any bad occurrence.

As a Nigerian, third-party insurance is one among six compulsory types of insurance under the law of the federal republic of Nigeria.

Motor insurance protects you from loss or damage to your new car.

If you’re going to tread on the Nigerian road, this type of insurance is compulsory, as recommended by the government.

And not possessing it is an offense punishable by law.

However, it’s also important to research providers and read print carefully.

Learn more about how to secure motor insurance for your car here.

2. Get Your Vehicle Registration

To avoid harassment from the Road Safety Corps, you’ll need to get your vehicle registration documents.

This is a document that shows the FRSC that your car has been duly registered under Nigerian law and complies with the various rules guiding the act.

3. Get Your Driving License

In a law-abiding country like Nigeria, your driving license is a necessary document that qualifies you to be on the road.

Without it, you’re putting yourself (and the car) at risk of being punished by law.

The driving license is a lot like the pass mark you get in college to show the teacher that you are qualified for the next class.

Once you obtained the driving license from FRSC or VIS you show that you’ve passed the mental and physical requirements that qualify you to drive on the road.

This doesn’t require you to be an expert driver, just be above the age of 18 and go through the simple test accompanying the process.

4. Obtain Your Certificate For Road worthiness

Next to the driver's license, you need to get your certificate for road worthiness.

This certificate shows that you’ve mastered how to use Nigerian roads and are now qualified to drive on them.

Without this certification, you may face confrontation and molestation from the road safety corps at any point in time.

The road worthiness certificate also shows that your vehicle has passed all the criteria and checking required to be on the road and has adhered to the national safety measures.

To perfect this, you’ll need the services of the Vehicle Inspection Officers (VIO).

They’ll be the ones to carry out the various inspections and ensure the vehicle meets these measures and demands.

To scale this hurdle, be sure to keep your vehicles in good order and condition.

5. Schedule Maintenance

When you’ve just bought a new car, it’s easy to assume it won’t need maintenance for weeks or months to come, but that can breed potential dangers.

You should check with the dealership for a proper maintenance schedule and follow the process as closely as possible.

Sometimes, you might be tempted to go for cheaper alternatives to save money, but that’s another way to shortchange yourself.

Sticking to a schedule can help you ensure a healthy car that saves you money in the long run.

6. Obtain Your Plate Number

As part of the registration process, it’s important to get your plate number to drive on the road.

This is important as ignoring this can lead to several assaults while driving your car in Nigeria.

To obtain this, you’ll have to visit the nearest State Board of Internal Revenue Licensing Authority to pick up the plate number allocation form and complete it appropriately.

They will check if you meet the requirements, then lead you through a process of verification, and ask you to make payments for the plate number (usually N50,000 depending on the type of plate number).

After this, your receipt will be confirmed and a plate number will be allocated to you.

By kingkentus

Having a business company in Nigeria is one of the beliefs that every Nigerian has because the situation in the country is unbearable that the citizens depend on themselves for livelihood because the government is undependable and unreliable due to corruption in the system of government. So, every citizens irrespective of their family backgrounds believes there is no solution to the current situation.

However, many Nigerians now invent into all kinds of lucrative businesses to maintain and sustain their needs and to cater for their families. In this article, you will be learning the process of building a company and it cannot be accomplished without explanation of the ways of starting a business because it's a roadmap to starting a multi million naira company.

1. Solve problems/ solutions: This is the fastest way to build your multi million naira company because everyone has problem one way or the other and we all need rapid solutions to the problem. As business guru, you need to search for the problems facing majority of people and think deeply to find solutions to them because people are willing to pay huge for problem solver. For instance, Covid-19 has taken over the universe, countries' health systems are at work in search to be the first to get the cure and any country who happens to find cure will definitely rule the world in cash and authority.

2. Value of goods and services: this is the quality that make your products desirable to the customers. One of the ways to build a multi million naira company is that the customers believe in your products and they think it can solve their current problems. So, your products must worth it because if they could not find their solutions in your products, it will render it unworthy and they will share their bitter experiences with other customers. The value of goods and services make customers to comeback for more.

3. Innovation: this is the situation whereby one thinks outside the box, in the sense that you create something new which is contrary to what people have done. You will make a lot of profit when you are the founder of something rather than follow what has been done by competitors and others follow. To build a multi million naira company, you need to invent rather than re- invent.

4. Affordable price: one of the ways to build a multi million naira company is to make the price of your goods and services affordable and bearable for all. Let your customers feel the advantage of affordable price that makes you different from others.

5. Employ team of experts: to build a multi million naira company, you have to surround yourself with bunch of experts who know the rudiments of the business. These experts team give your company a special brand that the customers will not be able to find elsewhere and you must understand that how you treat them matters because they make or mar the company in the face of the customers. Carry them along and let them understand that they are parts of the company, without them, there's no company.

Make research: building a multi million naira company isn't something that can be built in a day, you have to go through alots of researches and Enquiries from reading different financial books and consulting the consultants who have deeper knowledge in business. Multi million naira business men and women in Nigeria today like Dangote, Otedola didn't just get to the top, they make research and also have some business consultants who can unlock the safe bank. 

Meanwhile, a lot of multi million naira companies today making their way to the top isn't just one-day job, they faced challenges and hindrances but what kept them at the top is their patience, passion, resilient, focus and determination, if you have these, then to achieve your own goal of building a multi million naira company will be easy and fast rising.

 MULTI MILLION NAIRA BUSINESS IDEAS

There are lots of multi million naira business ideas in Nigeria that one can invest to multiply the cash, Nigeria's population of over 200 million citizens has helped in the growth of a multi million naira business ideas and with this population, a lot of companies have earned millions of naira. Some of these business ideas and fast growing business are as follows: 

1. Agribusiness: since the days of memorial, agriculture has been the major source of livelihood in the world because it produces human daily consumption and it's compulsory to feed. This is a multi million naira business that makes way in Nigeria because of the population of food consumption.

2. Education: this is a fast multi million naira ideas it's no doubt Nigeria's education is thwarted which led to the private schools taking over what government could not handle. Nigerian parents make it compulsory for every child to go to school irrespective of his or her age. 

3. Startup loan: this is one of the fast rising multi-million naira business ideas in 2020 in Nigeria. You get a loan and pay back within a given period of time. Every month, the borrower pays 5% of the money borrowed to the loaner aside the money he or she borrowed. 

The above are just few of many examples of multi million naira business ideas in Nigeria in which one can invest and will never regret it. Among them are e-commerce business, real estate, importation of fairly used clothes (okirika), transportation business and many more.

BUILD A MILLION NAIRA BUSINESS IN 12 MONTHS

To build a million naira business 12 months isn't a piece of cake because it takes a lot of sacrifices and determination which is not for lazy people because if it's that easy and smooth, everyone would have been like Dangote or Bill Gate at a blink of eye. 

Meanwhile, it's what makes some people special because they strive never to relent because they have what it takes to build a million naira business within 12 months. 

According to Ryan Moran in his book "12 Months To 1million", he stated ways to build a multi million business in 12 months into three stages, these are: 

1. First stage is the grind which starts from zero to four months. This is the stage where you have not yet decide what to sell or the products and services you want to render to the customers, what can make the customers comeback for more. It's a stage of decision making, you are making researches on what can actually move the market, what product can build a multi million naira business. So, at this stage, you need to think and rethink because what you decide now determines if you can actually build a multi million naira business. You must have decided what products or services can actually fetch you a million naira in 12 months before you move on to the next stage.

2. Second stage is the growth stage from five to eight months. At this stage, you must strive to be consistent on your sale and increase your sales per day. This is a difficult stage where you have to build up your customers to increase your sale because if you can sell your products at an average price point of about 5000 naira per day, that's a million naira business

3. Final stage is the repetition of the process through products. From nine to twelve months. Repeating process has to follow the same trend you did in the second stage of growth but in an advance method and you must be innovative by introducing new goods and services to the costumers.

BUILD A MILLION NAIRA BUSINESS IN 90DAYS

To build a million naira business in 90 days is not easy as it seems but it happens if you have the courage and determination. There are several ways you can build such million naira business within the period, some of these ways are Business consulting firm, marketing e-commerce etc. These firms can easily build a million naira business because they stand as an intermediary between between two different entities. As an intermediary, you bring the buyer to meet the seller, there you earn your commission from both sides, there are lots of companies that want to sell their goods and services and they need buyers from different parts of world likewise buyers need sellers. Bringing these two together can build a million naira business in 90 days. 

RUNNING A MILLION NAIRA BUSINESS

Having a business is one thing but running a million naira business is a major thing because a lot of multi million naira businesses have been liquidated due to improper management of the business. There are steps you can follow to run a million naira businesses. These steps are suggestions if you want to run a million naira business.

1. Upgrade your customer service: it has been discovered that customers services give customers good experience about the business and it takes a long time to regain customers if they had bad experiences about your product and service. Make customers services your priority, with your present customers because they are the one that will bring new ones to you.

2. Grow your marketing skills: Marketing is the market weapon to run a million naira business because it promotes your business whenever you are not there. Promoting your business online and offline gives the face of your business a beautiful one.

3. Employ the right employees: the right employees are the tools in running a million naira business because they scout and keep customers. As a business man, you must train them. To run a million naira business, you must hire and train quality staff and keep them for a long period of time.

4. Update your online stock: To run a million naira business, you products and services must be up to date, source for new product or idea that will attract customers to come for it and as well get new customers. It shows that you still on track because customers get tired of old products and services.

These are just few among many suggestions on how to run a million naira business. If you can abide by these suggestions, then you are ready to rule the market.

HOW TO BUILD A 100 MILLION NAIRA BUSINESS

To build a hundred million naira business is not an easy task but to make the business worth the value then you have to increase your customers' number. According to the formula below, you can build a hundred million naira business

(TC × GSP) = TI

 T C= Total Customer.

GSP= Goods/Services Price

TI= Total Income

To build a hundred million naira business depends on the number of your active customers and the prices of your goods and services.

Example: if you have Total customers=TC 1000,000 × Prices of goods and services(100) = Total Income 100,000000

1000,000×100=100,000000. 

According to the example above, if 1 million active consumers pay 100 naira per year through your products and services, that's a hundred million naira business. This is more reason why countries with high population of over 200million like China, USA, Nigeria etc are places to sell goods and make money because population helps in business. 

TEN MILLION NAIRA BUSINESS

To invest a sum of ten million naira into a business is a huge capital and it depends on the business you are investing it on. These are some of the ideas.

Transportation business is one of the profitable businesses trending in Nigeria especially in Lagos where the population is over ten percent of Nigeria's population. Transportation is so profitable to invest ten million naira, the thing is you have to buy 3 buses and give it to trustworthy people who will pay at when due.These 3 buses can generate average of sixty thousand naira (60,000)per day , they can easily generate average of three hundred thousand naira (300,000)in a week and a million naira in a month. It is believe that the business is not an easy one but if the buses are managed by genuine drivers who pay as at when due, it worth a ten million naira business.

MULTI MILLION NAIRA BUSINESS FOR SALE

To own a company is everybody's dreams and nobody wish to sell his or her company even if it brings little income, as long as it is owned by you or you are among the group directors. it's something sad to see a multi million naira business for sale, alot has happened and there are several reasons that might have led to that, some of the reasons might be partnership conflict, liquidate, not profitable, death of the owner, family inheritance etc. 

Meanwhile, if a multi million naira business is put for sale must attracts buyers because the qualities of this business make buyers come for it with huge capital. Some of these qualities are,

1. It must be a profitable business.

2. The customer base must be huge

3. No debt

When you are selling the businesses, there are documents you need to put together because these documents are what the buyer wants to see and that can convince him to buy.

1. Cooperate affair commission certificate.

2. Financial statements.

3. List of what have been sold. 

4. Summary of how the business is being operate.

IN CONCLUSION

Multi million naira business for sale must follow the aforementioned list to make profit after sale, business is the only way that can change someone's life forever and it can only happen when you have business because business owners who pay salary invest in people and products.

It has been six months now since you painted that canvas, laying in the underneath store room with the rest of your junk. You’ve tried to sell but the passerby doesn't understand much of your talented art. Wish there were a way to reach into a room full of potential customers? How about I tell you that there is and it is closer than you think. 

Welcome! To Komback your one tap destination to buying and selling products and services. 

Komback is a free online marketplace in Nigeria responsible for arranging a buyer-seller meet through chats and calls. Saving your time and energy otherwise taken up by physical meetings.

DON’T DUMP IT IN THE TRASH SELL IT AT KOMBACK! 

Sell your art, sell your Property, and sell that old Lego set of yours. Sell! Sell! 

Major people believe in hoarding their things until they turn old enough to be dumped into a waste bin. Your old and not in use objects could be useful to someone who cannot afford to buy a new one of the same. Help them out rather than disposing! 

WHY KOMBACK? 

Unlike other online classified markets Komback is simpler and easier to maintain. It is authentic and has a significant aim of giving recognition to small business owners. Quality of products and customer oriented services are one of Komback’s idealistic goals. 

Komback is built on the foundation of trust and promises. Komback is a rectified version of all previous online free markets that failed its people. Making false promises and delivering poor quality of staff.

WHAT ELSE?

Komback focuses on after service customer interference, as much as it is possible. Whether a Seller or a Buyer most of your queries will be answered or addressed by Komback teams.

WHAT IS SO UNIQUE ABOUT KOMBACK? 

Komback is a platform for all levels of business. Is it free! It doesn’t bind its customers into the shackles of class discrimination. At Komback you could be looking at a regular stall vendor in your locality making a better living than before. Uniquely, Komback is aiming at providing equal opportunities to persons of all strata. To be very honest, Komback is making money while helping the society. 

BUT I’M SURE KOMBACK IS PRICEY AND COMPLICATED!

Not really. Komback has attempted to be as cheap as possible for a business like it. At Komback, it is better believed to serve than take, which is why Komback has significantly put efforts to make it friendly for all users across. 

As for accessibility, Komback has a super easy login process. You just need to sign up using your regular email address and provide a password for your account and it’s done! Simple right? 

Moreover, Komback gives you a ready-made platform to expose your business, just login. If it weren’t for Komback, you would now be going through the hassle of creating your own website, promoting it, which is time consuming and expensive. Sometimes an unsuccessful website can lead to breaking down a person’s moral. 

5 REASONS WHY SMALL BUSINESSES SHOULD BE SELLING AT KOMBACK 

It is true that without proper inspection one mustn’t jump into anything new. It is understandable if you don’t want to put your faith into something new. For a lot of reasons people may have lost trust in online classified market platforms. It could be the major failing of too many of them. 

Thus to make it simpler for you, we have listed down below some of the major reasons why you should be joining Komback Today! 

BUSINESS AND COMFORT GO HAND IN HAND AT KOMBACK 

Well, after the coronavirus drastically changing the face of Earth and human to human physical touch being diminished completely, users globally are turning to online solutions to meet their needs. This is where Komback as an online platform in Nigeria allows business owners to sell their goods through online interference. 

You could be on your bed posting Ads and boom! You have immediate potential buyers. 

FREE ADS POSTING 

Well many users were disappointed by ways of OLX functioning or other online classified markets when it came to posting ads. Merchant sellers were first asked to subscribe, that is pay the company and then post as Ad. Well, Komback, addressing such issues has a platform for free posting of Ads. 

YOU ARE ‘GOOD’…….BE BETTER! BE BEST! 

Komback is a diversified platform for every business enthusiast to earn a little more than usual. Yes you might be the most flourishing store in your neighborhood, but how about the Block? Even better become the BEST STORE selling consumer goods, medicines, clothes, beauty products, electronics, home appliances or whatever it is that your business sells across the town. 

MANY OPTIONS TO SELECT FROM 

You don’t just sell second hand goods at Komback, you buy cheap but trendy handbags, women accessories, styled clothing, jobs, real estates, fashion, even pets. Komback’s online platform has enough segments for you to choose and sell into or purchase from businesses that purely are motivated to be the best for their customers. 

This diversified segment for buying and purchasing at Komback allows people from different walks at life an exposure. You could be a farmer, a fashion designer, a teacher or a doctor, or you could simply be a fruit vendor.

If you are a small business owner, then Komback is the right place for you. 

NO BOTS ONLY REAL POTENTIAL CUSTOMERS 

Komback has also kept in mind to only authenticate real users transacting business within Nigeria to decrease frauds. Remembering how many users complained about people at previously popular online classified markets being cheaters. They talked of how a lot of people were interested in buying initially but would retract at the end. It created a mood of frustration in sellers. Sellers who were led on to sealing a certain deal only to have them cancelled at the end. It gave rise to anger among sellers who ultimately lost interest in doing business over these sites. 

IN CONCLUSION….Komback is a spicy room full of opportunities waiting for you right at your fingertips. All you need to do is sign up through the web or our android mobile app, which is as easy as ABC. 

By Kingkentus 

It has been six months now since you painted that canvas, laying in the underneath store room with the rest of your junk. You’ve tried to sell but the passerby doesn't understand much of your talented art. Wish there were a way to reach into a room full of potential customers? How about I tell you that there is and it is closer than you think. 

Welcome! To Komback your one tap destination to buying and selling products and services. 

Komback is a free online marketplace in Nigeria responsible for arranging a buyer-seller meet through chats and calls. Saving your time and energy otherwise taken up by physical meetings.

DON’T DUMP IT IN THE TRASH SELL IT AT KOMBACK! 

Sell your art, sell your Property, and sell that old Lego set of yours. Sell! Sell! 

Major people believe in hoarding their things until they turn old enough to be dumped into a waste bin. Your old and not in use objects could be useful to someone who cannot afford to buy a new one of the same. Help them out rather than disposing! 

WHY KOMBACK? 

Unlike other online classified markets Komback is simpler and easier to maintain. It is authentic and has a significant aim of giving recognition to small business owners. Quality of products and customer oriented services are one of Komback’s idealistic goals. 

Komback is built on the foundation of trust and promises. Komback is a rectified version of all previous online free markets that failed its people. Making false promises and delivering poor quality of staff.

WHAT ELSE?

Komback focuses on after service customer interference, as much as it is possible. Whether a Seller or a Buyer most of your queries will be answered or addressed by Komback teams.

WHAT IS SO UNIQUE ABOUT KOMBACK? 

Komback is a platform for all levels of business. Is it free! It doesn’t bind its customers into the shackles of class discrimination. At Komback you could be looking at a regular stall vendor in your locality making a better living than before. Uniquely, Komback is aiming at providing equal opportunities to persons of all strata. To be very honest, Komback is making money while helping the society. 

BUT I’M SURE KOMBACK IS PRICEY AND COMPLICATED!

Not really. Komback has attempted to be as cheap as possible for a business like it. At Komback, it is better believed to serve than take, which is why Komback has significantly put efforts to make it friendly for all users across. 

As for accessibility, Komback has a super easy login process. You just need to sign up using your regular email address and provide a password for your account and it’s done! Simple right? 

Moreover, Komback gives you a ready-made platform to expose your business, just login. If it weren’t for Komback, you would now be going through the hassle of creating your own website, promoting it, which is time consuming and expensive. Sometimes an unsuccessful website can lead to breaking down a person’s moral. 

5 REASONS WHY SMALL BUSINESSES SHOULD BE SELLING AT KOMBACK 

It is true that without proper inspection one mustn’t jump into anything new. It is understandable if you don’t want to put your faith into something new. For a lot of reasons people may have lost trust in online classified market platforms. It could be the major failing of too many of them. 

Thus to make it simpler for you, we have listed down below some of the major reasons why you should be joining Komback Today! 

BUSINESS AND COMFORT GO HAND IN HAND AT KOMBACK 

Well, after the corona virus drastically changing the face of Earth and human to human physical touch being diminished completely, users globally are turning to online solutions to meet their needs. This is where Komback as an online platform in Nigeria allows business owners to sell their goods through online interference. 

You could be on your bed posting Ads and boom! You have immediate potential buyers. 

FREE ADS POSTING 

Well many users were disappointed by ways of OLX functioning or other online classified markets when it came to posting ads. Merchant sellers were first asked to subscribe, that is pay the company and then post as Ad. Well, Komback, addressing such issues has a platform for free posting of Ads. 

YOU ARE ‘GOOD’…….BE BETTER! BE BEST! 

Komback is a diversified platform for every business enthusiast to earn a little more than usual. Yes you might be the most flourishing store in your neighborhood, but how about the Block? Even better become the BEST STORE selling consumer goods, medicines, clothes, beauty products, electronics, home appliances or whatever it is that your business sells across the town. 

MANY OPTIONS TO SELECT FROM 

You don’t just sell second hand goods at Komback, you buy cheap but trendy handbags, women accessories, styled clothing, jobs, real estates, fashion, even pets. Komback’s online platform has enough segments for you to choose and sell into or purchase from businesses that purely are motivated to be the best for their customers. 

This diversified segment for buying and purchasing at Komback allows people from different walks at life an exposure. You could be a farmer, a fashion designer, a teacher or a doctor, or you could simply be a fruit vendor.

If you are a small business owner, then Komback is the right place for you. 

NO BOTS ONLY REAL POTENTIAL CUSTOMERS 

Komback has also kept in mind to only authenticate real users transacting business within Nigeria to decrease frauds. Remembering how many users complained about people at previously popular online classified markets being cheaters. They talked of how a lot of people were interested in buying initially but would retract at the end. It created a mood of frustration in sellers. Sellers who were led on to sealing a certain deal only to have them cancelled at the end. It gave rise to anger among sellers who ultimately lost interest in doing business over these sites. 

IN CONCLUSION….Komback is a spacy room full of opportunities waiting for you right at your fingertips. All you need to do is sign up through the web or our android mobile app, which is as easy as ABC. 

By kingkentus