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Paintball Business Ideas: How to Start a Paintball Company


Paintball business is highly profitable and has many revenue earning sub-sectors. The business could be grouped under sports, leisure activity, outdoor games and recreation.
Paintball is a game designed to eliminate contestants by firing gelatin paint-balls at the opponents. The mode of delivery is pistol and rifle that deploy the paint through a compressed air mechanism.
Paintball companies organize hunts, tournaments, group activity in indoor and outdoor fields. The fun lovers usually wear customized military outfits to create mood and effect.

There are lots of paintball business ideas to consider in the industry. Many entrepreneurs focus on opening a recreational field.
However sub-sectors in the industry include gear rentals, coaching classes and sales of equipment. There are strong legislation guiding paintball companies including age restrictions and police control.
paintball
Different Paintball Business Ideas
There are basically six income steams in the paintball industry. They are running a field facility, organizing coaching classes including selling paintball gear and accessories. The others are online sales of equipment, manufacturing equipment, repair and maintenance.
Manufacturing Paintball Gear
If you are interested in investing in the paintball industry you could consider manufacturing. The paintball equipment are customized and standardized to certain requirements.
Specialized equipment's are customized jerseys, safety hats, gelatin balls and firing mechanisms. To start making the gear understand the manufacturing process and acquire appropriate machinery.
You could focus on certain gear and develop high quality products. Apply branding, marketing and target wholesalers, retailers.
Start Wholesale, Retail of Paintball Gear
You could decide to open a store or shop and sell anything related to paintball business. Stock your store with gear, outfits and lots of paint-balls. You need a good location, moderate funding, staff and a good business model.
Paintball Repairs
Paintball repair shops are specialized businesses. They focus on gear repair, refurbishment and sales of new equipment.
Find a good location for your shop and use signage boards to attract patronage. You need to invest in hand tools and other equipment to make your job easier. You also need to acquire knowledge on how to repair such specialized gear.
Online Paintball Store
Create a paintball website to sell your gear to the world. Make sure the website has high definition photographs, description of items and a checkout area.
There are two ways to run an online store. You could use an affiliate arrangement with larger companies or have a physical store. The method you use in shipping the items depends on your business model
Paintball Coaching Classes
Many paintball enthusiasts regularly need to acquire new skills. There are also new people interested in learning how to use the equipment.
A good location for your coaching class is close to a paintball field. Coaching involves lots of practical teaching and on hands approach.
How to open a Paintball Facility
To open a facility you need a large open space or field. There are two ways to go about this leasing the field or outright purchase.
The field should be fitted with safe obstacles and fun activities. You need storage to keep your equipment, staff and proper facility management.

How to start a Paintball Business

Determine the Business Model
Before you invest hard cash know your area of interest. The sector you choose determines the location, type of equipment, staff and company structure.
Write a Paintball Facility Business Plan
If you are interested in opening a paintball facility you need a business plan. Make sure the plan has an executive summary, management experience, location, design and objectives.
Include a mission, vision statement, facility capacity, type of equipment and safety arrangement. What are your key to success, games options and overhead?
Register the Enterprise
Register the business as a sole proprietorship or limited liability company. Carry out a feasibility study and locate your target customers. You need a business license, insurance cover and tax clearance certification.
Locating the Company
Paintball fields are usually located away from residential areas. However a massive warehouse could be turned into a field.
Underutilized fields, vacant farm lands are good locations for fields. Manufacturers, wholesalers and retailers could be subject to zoning.
paintball equipment
Purchase Equipment
The amount of sophistication of the equipment depends on the cost, functionality and manufacturer. Purchase good quality equipment from top manufacturers of paintball gear.
There are inventory you need to buy such as paintball guns, camouflage outfits and safety goggles. Other gears are knee, elbow pads, safety helmets or caps.
The guns are spring or gravity fed and uses compressed air action. Purchase your items in bulk to reduce cost and increase profit margin. To find dealers conduct a simple search online, use yellow pages or locate fields in your area.
A List of Paintball Equipment
  • Camouflage Outfits
  • Safety Goggles
  • Safety Helmets, Mask
  • Elbow and knee Pads
  • Paintball Pistols
  • Pods, pod packs
  • Athletic supporters
  • Auotcocker
  • Paintballs- spherical gelatin capsules
  • Paintball Barrels
  • Vehicles used for scenario play
Pricing
The business is competitive so make sure you offer the best cost saving prices. Calculate your prices based on overhead, fixed and working capital, administrative fees, leasehold and playtime. Hire experience staff with knowledge of the game.
Safety Protocols
It is important to put in place safety protocols to avoid litigation. Design the field to prevent injuries and unnecessary accidents.
You need a good insurance cover for the business. Get a lawyer to draft play ethics, behavior, violations, consequences and rules.
Common rules involve enforcing participants to wear safety gear, minimum strike distance, ramping and overkill. Other rules are non-contact, wiping, hits.
Marketing the Company
You need lots of advertisement to attract patronage. Organize demonstrations, discounts, giveaways and other fun activities.
Use traditional advertisement such as distribution of flyers, business cards and newsletters. Create huge billboards, signage boards and use electronic media such as television and radio.
You could network with other entertainment centers in your area such as parks, recreational companies and theme parks.

Banks in Nigeria: List of Banks in Nigeria, Website, Address, and Contact

Banks in Nigeria
Nigerian banks have played a pivotal role in the development of the country. They have aided savings, business loans, and development of all sectors of the economy by performing financial and advisory roles.
Banks regulatory functions involve acceptance of deposits, loans and other financial transactions. The central bank regulates the other banks including the financial workings of the economy.
Banks are generally divided into three major sectors, which are retail banking, investment banking, and the center regulatory body the central bank. Investment banks trade securities, acquisitions, and intermediary functions.
The retail sector has commercial banks that provide loans, accept deposits, acts as intermediaries and manages special funds. Other functions of commercial banks are credit facilities and target savings.
We have a list of the current commercial banks working in Nigeria taking into account mergers, acquisitions and bankruptcy. Bellow is a list of Nigerian Banks including their addresses, websites, and other contact details.
Access Bank Nigeria Plc
Plot999c, Danmole Street, Off Adeola/Odeku Street Victoria Island, Lagos.
Phone: +234-1-2805628, 2805629, 2712005-7, 4619264-9, 4619264-9.
Website: accessbankplc.com
Citibank Nigeria Limited
27 Kofo Abayomi Street, Victoria Island, Lagos.
Phone: +234 -1-01-4638400, 01-2798400
Website: citigroup.com/citigroup/global/nga.htm
Diamond Bank Plc
Plot1261 Adeola Hopewell Street, Victoria Island, Lagos.
Phone: +234-1-2701500, 2620743-90
Fax: +234-1-2619728
Website: diamondbank.com
Lagos montage, Banks help in the development of any country. the picture depicts importance locations around Nigeria where development and commerce thrive | Source
central bank of nigeria

Banking quiz
Which Banking Institute is not in Nigeria
Top of Form
  • Diamond Bank
  • Barkley's Bank
  • Guarantee Trust Bank
  • Diamond Bank
Bottom of Form
Top of Form

Bottom of Form
Ecobank Nigeria Plc
Plot 21 Ahmadu Bello Way, Victoria Island, Lagos.
Phone: +234-1-270 10391-5, +234-1-8063262265
Fax: +234-1-2706986, 2710111
Website: ecobank.com
Enterprise Bank Group
143 Ahmadu Bello Way, Victoria Island, Lagos.
Phone: 0700 368 2265
Website: entbankng.com
Fidelity Bank Plc
2 Kofo Abayomi Street, Victoria Island, Lagos.
Phone: +234-1-2700530-3
Fax: +234-1-2715398
Website: fidelitybankplc.com
First Bank of Nigeria Plc
Samuel Asabia House, 35 Marina, Lagos
Phone: +234 1-9052000, 9052326
Website: firstbanknigeria.com
First City Monument Bank Plc
Primrose Towers
17A Tinubu Street, Lagos.
Contact Centre +234 1 2793030, 0700CMBMYBANK
Website: firstcitygroup.com
Guaranty Trust Bank Plc
Plot 635 Akin Adesola Street, Victoria Island, Lagos
Phone: 01 4480000, 08039003900, 08029002900
070GTCONNECT
Website gtbank.com
Heritage Banking Company Ltd
Plot 292B, Ajose Adeogun Street, Victory, Lagos
Tel +234-1- 2369000, 0700HERITAGE
E-mail@ info@hbng.com
Keystone Bank
Keystone Bank Crescent
Off Adeyemo Alakija Street, Victoria Island, Lagos
Phone: 01-4617341-501, 01-4485742
Website: keystonebankng.com
Sky Bank Plc
3 Akin Adesola Street, Victoria Island, Lagos
Phone: +234 1 2701600, 2627598
Website: skybankng.com
Standard Chartered Bank Nigeria Limited
142, Ahmadu Bello Way, Victoria Island, Lagos
Phone: +234 1 2700025, 2704600
Website: standardcahartered.com/ng
Stambic IBTC Bank
I.B.T.C Place
Walter Carrington Crescent, Victoria Island, Lagos
Phone; +234 1 2712400, 4488900, 070022557826242
Website: stanbicibtcbank.com
Sterling Bank Plc
20 Marina P.O Box 12735
Victoria Island, Lagos.
Phone: +234 1 2702300-8, Fax 01-4484483
Website: sterlingbankng.com

Union Bank of Nigeria Plc
Stallion Plaza, 36 Marina, Lagos.
Phone: 01-2630361, 2631430, 2644374
Website: unionbankng.com
United Bank for Africa Plc
UBA House
57 Marina, Lagos.
Phone +234 1 2808822, 2808448, 07002255822
Website: ubagroup.com
Unity Bank Plc
Head Office
Plot 785, Herbert Macaulay Way
Central Business District, Abuja, FCT
Phone: +234 708066030, Fax + 234 4616730, 2347957
Unity Bank Annex Office
290A Akin-Olugbade Street, Victoria Island, Lagos
Phone: +234 1 4619201-4, 2703321-4
Website: unitybankng.com
Wema Bank Plc
Wema Towers, 54 Marina, Lagos Island, Lagos
Phone: =234 1 2711697, 4613146-7
Zenith Bank Plc
Plot 84 Ajose Adeogun Street, Victoria Island, Lagos
Phone: +234 1 2787000, 2927000, 4647000
Website: zenithbank.com
Merchant Banks
FSDH Merchant Bank
UAC House 5th &6th floors
1/5 Odunlami Street, P.M.B 12913, Lagos
Phone: + 234 1 2702880-2
Website: fsdhgroup.com
Rand Merchant Bank
12th floor Churchgate Tower 2
Plot PC 31 Churchgate Street, Victoria Island, Lagos
Phone + 234 1 4637900
Bank of Industry Limited
BOI House 63/71 Broad Street
P.M.B. 2357 Lagos
Website Boi.ng.com
Federal Mortgage Bank of Nigeria
Plot 124 Moshood Aiola Road
Garki Area 2
P.M.B. 2273
Abuja
Nigeria Agricultural, Co-operative and Rural
Development Bank Limited
1, Yakubu Gowon Way
P.M.B. 2155
Kaduna

Starting a Trucking Business Checklist



Intermodal Transport by Truck
Joedamadman,CC BY 3.0, via Wikimedia Commons
Goods are continually moved from one location to another necessitating the need for transportation. Some goods are heavy and large providing a good business for trucking companies.
Trucking business is capital intensive, competitive and highly lucrative. You also need to have a good knowledge of the enterprise.
Truckers provide transportation for commercial goods for a fee and the trucks should have the capacity to carry a minimum of 40 feet container. There are a few things you need to put in place before starting your trucking business.
Write a Business Plan
The first step is to write a comprehensive business plan. Focus on type and capacity of your vehicle including company structure, management and funding.
Are you interested in running an owner operated trucking business or a partnership. These are question to answer while incorporating the business.
Buy or lease
You could purchase your equipment or lease them. Owning the equipment reduces the cost of operation and provides stability.
However there are some lease agreements that confer ownership to the operator on a ‘hire purchase’ bases. Try to buy the appropriate equipment to carry out the work.
Focus on truck type capacity, strength and durability. Look out for cost effective measures to boost your business. A good way to determine the best trucks is to study your competitors and learn which trucks they prefer.
Join the Union
Trucking business is highly regulated and union controlled. You need to join the truckers union or association in your country. They may have different regulations however they are meant to provide support, guidance and a safety for truckers.

Salmond & Brown Trucking 1944

Secure contracts
The main road to success as a trucker is securing regular contracts. If you bag regular gigs your trucking business will prosper.
Companies and individuals who hire truckers look out for reliability, dependability, fair costs and punctuality. Large companies would regularly hire a trucking company with good reputation.
Biding Process
Biding is part and parcel of the trucking business. The competition is stiff and truckers try to bag the best gigs with lower prices.
Make sure your price is reasonable, competitive and would turn a profit after all parameters are factored. Things to factor during a biding process are size of the good, fragility, distance to travel and trucking fees.
Others are maintenance, fuel consumption and working expenses. Small start-up companies need to build a contract completion list for future patronage.
Locating the Trucking Company
All trucking companies need to have a highly efficient back office. The location should be central and easily accessible to other regions within your locality.
Essentials for a back office are accountant, secretary and receptionist. You need to answer regular call and bid effectively on contracts.
Your truck feet should have ample parking during downtime. Furnish your office appropriately with fax machine, computer, dedicate phone line and office furniture.
Hire Staff
The primary workers in a trucking business are those that secure the contracts and the drivers. Before you start your trucking business you need to determine the business model.
Are you going to hire your own drivers use your equipment or sub-contractors? Having In-house drivers provide total control and better efficiency during pick-up and delivery. However the amount of funding to run in-house trucks and drivers is enormous.
License and Permits
Register your trucking business as a limited liability company. Although there are many sole proprietors operating a limited liability company reduces the liability you pay on damaged or lost goods.
Apply for a carrier license, fulfill tax requirements and define your operational status. Others are commercial trucking license, permits and safety protocols.
Find out what is obtainable in your country and comply. Insurance cover is very important in the trucking business. Make sure you talk to your insurance brokers and get the most appropriate cover for the business.
Checklist for Trucking License and Permits
Trucking is regulated and strict compliance to rule and regulations is mandatory. Here is a small checklist for owner operated trucking companies.
  • Apply for motor carrier authority and federal DOT.
  • Your drivers by law are mandated to have commercial driving license
  • Heavy duty vehicular tax
  • Special license plate for commercial truckers
  • Interstate operational license
  • Some countries have international fuel tax agreement
  • Appropriate insurance cover
  • Register the business as a limited liability company
  • Commercial trucking license
Fund the Trucking Business.
Trucking business is capital intensive so you need adequate funding for the business. Apply for bank loans with fixed long term interest.
Decide on ‘leasing to own’ or purchasing equipment outright. Truckers sometimes get paid immediately or a 30 days after delivery. So you should to put in place effective funding and maintenance system to avoid cash flow challenges.

Nightclub License Requirements


lights-party-dancing-music
Starting a nightclub is capital intensive and you should have knowledge of the business. Nightclubbing on the management side is hard-work, planning and dedication.
You need to have a strong passion for the business to succeed. Other requirements are good location, funding, wholesome entertainment and effective marketing strategy.
You also have to provide a safe environment and fire safety protocols. An investor could choose to lease a building, purchase one or start from scratch.
Finance is needed for staff wages, building construction, equipment including interior and exterior design.  Each business model has its own unique challenges.
But the general requirements involve obtaining the necessary permits and licensing. You can’t start a nightclub without permits and approval from local government authority.
Here are some steps when applying for a nightclub license.
Register your Business
You need a business name and a limited liability certification. Apply for trade permit and obtain an employer identification number. Other licenses involve health and safety issues, liquor license and food handling permit.
Declare your Intention
A 60 day notification is required for new nightclub locations. You could post a signage board at the premises or place an advertisement in your local newspaper.
Nightclub License Guide
One of the prerequisites policies is toward lodgement. The document requires the applicant’s premises, application fees, personal information and limited liability management info.
The form has a section for public interest assessment including plans and specifications of licensed premises. You need a certificate from your local government before the issuance of an operational license.
You are mandated to have a development approval from your local government. Other requirements are certificate of title and evidence of tenure. More documents are house policy, trust schedule and list of management of licensed premises.
Applying for a Liquor License
An application for a liquor license is permitted for specific premises. Eligibility for applying for a license is base on an individual applicant, association, pub, drinking joint, liquor dealer, supplier or company.
The license allows sales and distribution of alcoholic beverages. There are different classes of liquor license according to specific needs and requirements. Any transfer or sale of a license needs to conform to strict provisions of the law.
Extended Trading Permit
A nightclub owner could apply for an extended trading permit. The permit could have a one off function or run indefinitely. Find out the type of extended permit offered in your country.
Other Important Facts
The supervision of the club should have an approved manager present during operational hours. The establishment should regularly perform mandatory training of staff.
Special Facility License
You may need a special facility license if you wish to operate a catering service or include an amusement venue. The license also covers bed & breakfast, reception centre and a restaurant.
Types of License and Permits to run a Nightclub
  • Health Permit
  • Safety certification
  • Liquor License
  • Building Permit
  • Signage  license
  • Parking permit
  • Resale permit-enables sales tax collection
  • Nightclub license
  • Local government approval
  • Development approval from local planning authority
  • Special facility license
Conclusion
To operate a nightclub you need permits and licenses so find out what is obtainable in your country. Make sure you find an ideal location with large hall and ample parking.
The location should have easy access, security and other entertainment neighbors. Fund the enterprise through bank loans or target savings.
Hire an interior decorator with knowledge of nightclub interiors. Hire a good disc jockey, barman, waitresses, security guards, bouncers and cook.
Marketing and Promotion
You need lots of advertisement to attract patronage. Create special fun days, discounts, ladies night and other beneficial strategies.
Use traditional advertisement platforms such as printing of flyers, billboards, posters and signage boards. Use electronic media such as television advertisement and radio. Create a website for your business and try direct marketing strategies.