The business has grown in popularity due to epileptic power
supply in Nigeria. Many smart entrepreneurs offer the general public charging services
for a fee.
The template is very simple and easy to establish. All
you need is a popular location with lots of pedestrian traffic.
You could work from a makeshift canopy or small shop. Other
requirements include small generator and charging points.
Things
that Contribute to Profitability
Things that contribute to profitability are the
proliferation of cheap low capacity batteries and poor electricity supply. The
batteries require constant charging and last barely 24 hours. Most areas in
Nigeria are in perpetual blackout with light generation at its lowest.
- Cheap low capacity batteries
- Poor electricity supply
- Huge population
- How to Start Generator Repair Business
Equipment
You need 6 basic equipment's which are a plastic chair,
socket and bench for customers. Others are charging points, plastic table/
counter and a standby 1.1 kVA generating set.
Stock multiple head and multiple phone chargers to
accommodate more phones. The phone chargers should accommodate android, Nokia
and multipurpose functions.
- Plastic chair
- Sockets
- Bench
- Charging points
- plastic table
- counter
- Standby 1.1 kVA Generating set.
.Pricing
and Costs
The running costs are fuel for your generator,
maintenance, rent and local government levies. A phone battery recharge service
costs N50 per charge. And they are cable of serving 60 people daily earning
N3000.
To increase earnings sell phone accessories, batteries
and chargers. It is possible to make N50, 000 monthly once working capital is
removed.
Location
The best locations are marketplaces, commercial areas and
densely populated areas. Areas with very poor power supply and bus stops are
huge money earners.
Look for locations with heavy pedestrian traffic. You
could rent a small space or lease space and erect a canopy.
- Marketplaces
- Commercial areas
- Densely populated areas
- Areas with very poor power supply
- Bus stops
- Locations with heavy pedestrian traffic
Provide
Adequate Security
To run the business you need to provide adequate
security. Thieves are rampant and looking for easy targets.
Secure the phones by placing them in cage like
contraption or away from easy reach. You need to be actively present, security
conscious and observant.
Theft of a quality Smartphone could attract dire
consequences. You could register a business name and get liability insurance.
Register the business as a sole proprietorship business.
How
to Start a Phone Battery Charging Business
- Find an ideal location
- Purchase equipment
- Register the business
- Open the business
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