Overview of DSTV and CCTV Installation Business in Nigeria

Nigeria presently has more than 40 million customers of the DSTV and various other types of cable and satellite TV services and also CCTV included. This provides the security, cable television and satellite TV technology as one of one of the most profitable businesses as well as many prevalent technologies in the nation of over 200 million people. As a result, many have taken to this brand of business either as product dealers, retailers, maintenance specialists and installers. Sadly, a great deal of these specialists and installers are not thoroughly equipped or well-informed enough to make expert installation and technical help in this area of technology.

Potentials of DSTV and CCTV Installation Business in Nigeria

Starting a CCTV and DSTV installation business is the greatest idea for Nigerians because everyone wishes to be secured and at the same time relax enjoy themselves in the process, and also, everybody wants to be aware of happenings in his/her environment to ensure that no on-notice disaster will happen. Security and safety are part of the issues we deal with in this part of the world, there are no adequate steps implemented to protect the lives of men, women, and children. Due to this, lots of people are searching for means to secure themselves and property, nobody wishes to lose any life or anything he or she has worked for. This is where your CCTV and DSTV installation business comes into play, you can begin offering that service to people that need it. The CCTV and DSTV installation business does not require a unique talent, virtually everyone can do it if you truly wish to.

Steps to Starting a DSTV and CCTV Installation Business in Nigeria

CCTV Business Plan

You have to start your business with a very good business plan. It is difficult to begin a business without having a business plan therefore you have to write a very good business plan. A business plan is more like the guide you require in operating the business.

Make sure that it is specified in the business plan how you wish to increase the start-up capital, how you desire the business to be managed and other essential factors.

Feasibility Studies

It is necessary that you perform a feasibility studies to carry out a research about the market you are going into. Doing this will help in understanding the procedures you are expected to comply with in starting this business. The feasibility study will help you identify those that require your service and to likewise take note of them, the cost needed to set up the business and the business principles to make the business successful.

Business Registration

It is very important that you have your business registered since no company or firm will wish to have business deals with a company that is not registered or does not have the required license. For that reason, you have to register with the appropriate authorities in the country or state.

Startup Capital

Whether little or otherwise, you will certainly require money to run your business which is why you have to make plans on ways to raise the needed capital. It is possible to raise the money from family and friends or from the financial institution by meeting all requirements. You can likewise find investors that are ready to invest in your business.

Business Location

The place where your business is located matters a whole lot to the success of your business. Make sure that the office space is in a place good enough for your business to grow and expand. It is likewise essential that the company place fits your business and ought to be a location where there is human traffic.

Technical Training and Certification

You as the owner of the business have to go through training(s), it is possible to enroll at IIHT Technologies where you can take courses on security cameras and setup of alarm. This business is preferable for those that have a background of electrical and electronics engineering. You can likewise register as an apprentice in a firm that is into security cameras and alarm installation to have a better understanding of the business.

Business Marketing

Marketing your business plays an extremely important role which cannot be neglected. For that reason, you have to think about innovative ways to market and advertise your business. You can begin promoting your business by creating awareness amongst financial institutions, hotels and offices in your community after that extend it to include public holdings and estates.

Overview and Features of the Excel Template

The excel template comes with a powerful presentation and a thorough financial analysis and model for succeeding in this business venture. The template will enhance your chances of getting grants, attract investors and bank loans.

Inside this template, you will get:

1. 3 years Income Statement.
2. 3 Years Financial Position
3. Cash flow Statements
4. Trial Balance and Account Charts.
5. Automated Macros to make the template faster, user friendly and accurate with little or no manual input.
6. 24/7 Support from our team of financial experts and analysts.