Overview of Football Viewing Centre in Nigeria

Football viewing centre business in Nigeria is among the businesses you ought to venture into if you are thinking about beginning a business that has to do with service delivering and you are not prepared to leave your actual work or perhaps you simply need to expand your financial pockets. This is because it is one of the businesses in Nigeria that can stand and run all alone without your undivided attention as long as you have everything perfectly positioned and you have a trustworthy person that can oversee the business for you. Nigerians love sports and to this end this business is exceptionally profitable (particularly in metropolitan regions). At least 3 out of every 5 male Nigerians watch sports significantly football, and 2 out of these 3 go to football viewing centres around them watch and also relax themselves. Some also go as a result of their inability to afford GOTV or DSTV in their home. Recall numerous Nigeria actually live under 1 dollar daily.

Potentials of Football Viewing Centre Business in Nigeria

With this business in Nigeria, you will bring in cash year in year out in light of the fact that at one point or the other there is dependably a football season going on that football lovers will not to miss for anything like the UEFA Champion League, Premier League, Spanish Laliga, World Cup and so on. Inability to bear the cost of a DSTV/GOTV decoder, inability to subscribe, and irregular power supply in the country are the reasons why this business has a lot of potentials in terms of its profitability.

Requirements for Having a Football Viewing Centre Business in Nigeria

1. Look for a conducive environment to Locate Your Football Viewing Center Conducive space may pose as the greatest challenge for setting up a football viewing center. You have an upper hand over your competitors if you can get a conducive environment for your football viewing centre. Once your space is secured, you can then set up a small shelter like tent for your football viewing center. It must be very conducive and well ventilated to accommodate viewers. It must be accommodating both during the rainy and dry seasons.
2. Get Good Television sets After you must have secured a good place and has been well built, you will now proceed to acquiring very good television sets with good quality image display. The more multiple television sets with good display image you have to show different matches at a time, the more you attract more customers to your football viewing center.
3. Acquire Seats You may decide on the type of seat you want to get for your football viewing center, but is advisable to get wooden benches because it will contain many five to six people at a time and it will also last longer than plastics or fancy seats. Also, wooden benches are very affordable to get.
4. Get a Display Board This is an important tool to acquire for your football viewing center. This will help you promote your business through advertisement. By writing match fixtures on the board, it will create awareness to football lovers about the match you are going to be showing and the time it will be shown.
5. Get Decoders DSTV is most preferable decoder to get because it has TV right over popular league matches. Others like Aljazeera, StarTimes, and GOTV sports also serve as alternatives to DSTV. But the most ideal is to get DSTV. After getting it, you can therefore subscribe to bouquet package that will give you access to show all sort of matches like UEFA Champion League, Premier League, Spanish Laliga, Bundesliga, Italian Seria A, French Ligue 1 and other international matches like friendly matches, African Nations Cup, European Championship, UEFA Nations League and World Cup. This package will cost you about #30,000 in a month.
6. Buy Standby Generator Due to the epileptic power supply in the country, it is advisable for you to get a very good generator set that will serve as back up to electricity power supply. In case of power failure the generator set will be put on and you continue to show your matches. This way, the viewers will not be left unhappy patronizing you. Getting Uninterrupted Power Supply (UPS) is also advisable as it will help to keep the TVs from going off while you trying to restore power.

Overview of The Template

The Template gives concrete financial plan and projections for setting up a fFootball Viewing shop. Real business insights are included in this financial template to attract investors, grants and loans to make the business concern a reality.

The excel template is easy to use and modify. Current Real life prices were used in drafting this template by our team of seasoned accountants and financial analysts. The template is suitable for small and emerging businesses who see themselves giants in the various industries in 5 years time.

Features

1. Comprehensive Income Statement (Trading, Profit & Loss Account)
2. Statement of Financial Position (Balance Sheet)
3. Cashflow Statements

Use Scenarios

This excel template is most suitable for the following:

1. Promoters of existing and New Start-up Businesses that need funding in form of grants,loans,partnerships etc. from governement agencies and venture capitalists.
2. Business and Financial Analysts working on viability and feasibility of a fFootball Viewing business in Nigeria.
3. Business Administration and Entrepreneurship students who need a comprehensive financial plan for a Business Plan.
4. Investors and Venture Capitalist who need financial analysis of the fFootball Viewing business for informed decision making.
5. Entrepreneurs who need expansion ideas for their businesses.