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21 Tips to Open Anatomical Charts Business in Nigeria

Anatomical Charts Business: It is the dream of many aspiring entrepreneurs to start their own retail store business.

Well, you can easily start a retailing business with the help of right planning and business strategy.

Here are some steps to starting Anatomical Model Shop that can be guide for you before you open a store.

Anatomical models are a great educational tool to study.

And explain the internal and external structure of the human body.

Anatomical Charts Business

https://www.dreamstime.com Anatomical Charts Business

Read also: 37 Best Mandible Business Ideas in Nigeria

Anatomical Charts Business

As well as various functions of the body’s systems.

For educational, you can stock a wide range of medical models, available for purchase throughout Nigeria.

Perfect for teaching, education and self-study.

Your medical anatomical models are to-scale and anatomically correct.

To provide precise and engaged learning.

As well as replicas of the human body.

You can supply aids for teaching nutrition and veterinary science.

Making your models indispensable in the modern medical classroom.

See also: Top 35 Online Men’s Fashion Business Promotion Tips in Nigeria

Anatomical Charts Business

1. Choose a Business Structure:

It is very important to follow a proper business structure for your business.

While it is possible to change your business structure at a later stage.

It would be a very difficult and expensive process.

Hence, try to make the right decision before you start your own retailing business.

Anatomical Charts Business

2.Decide What models to Sell:

Finding a product for your retail business to sell may very well be the most difficult decision.

You will need to make when starting a retail business.

Choose a product line that you might be interested upon and have a bit of knowledge about it.

See also: 37 Online Beauty/Personal Care Promotion Tips in Nigeria

Types of Anatomical Charts

  • STICKYcharts – NEW!
  • Acupuncture Charts
  • Brain Charts
  • CPR Charts
  • Dental/Teeth Charts
  • Digestion Charts
  • Ear-Nose-Throat Charts

    Anatomical Charts Business

  • Eye Charts
  • Exercise-Diet Charts
  • Extremity Charts
  • Female Charts
  • Pediatric Charts
  • Head Charts
  • Health-Nutrition Charts
  • Heart Charts

    Read on: 35 Top Online Men’s Accessories Business Promotion in Nigeria

    Anatomical Charts Business

  • BodyPartCharts – NEW!
  • Lung Charts
  • Male Charts
  • Muscle Charts
  • Nerve Charts
  • Skeleton Charts
  • Skin Charts
  • Skull Charts

    Anatomical Charts Business

  • Spine Charts
  • Urinary Charts
  • Zoology Charts
  • By Organ System
  • By Pathology
  • By Profession

Anatomical Charts Business

3. Select a Name:

 You must give an impressive name for your own retailing business.
The name should be attractive and it must relate to the business you want to deal with.

4. Apply for Registration:

Every nation has a legal body that recognizes the authenticity of a business.
This reorganization from the legal body is used to identify a business entity.
Submit the required papers and your retailing business will be legal in all possible terms.

Anatomical Charts Business

5. Write a Business Plan:

Whether it is formal or informal.
Creating a business plan will only help your business become successful.
It is one of the most crucial steps in starting a retail business.
The business plan will highlight your business goal.
Monthly target and other business strategies.

Read on: Top 12 Partisan Business Marketing Tips in Nigeria

6. Find a Suitable Location:

 Where you choose to locate your retail store business.
Will have a major impact on how successful your business would be.
The difference between selecting the wrong location.

And the right site could be the difference between business failure and success.

Anatomical Charts Business

7. Purchase Wholesale Products:

A successful retail business depends greatly on offering the right product.
At the right price, at the right time.
Therefore, it is must for you to be able to locate the best sources for those products.
Do your research properly to find the best wholesalers and dealers.
Who offer quality products at reasonable prices.

Anatomical Charts Business

8. Find suppliers.

 You will have to figure out where you will get the product.
You want to sell or the components of the final product to sell.

Anatomical Charts Business

However, there is no one good way to do this.

  • You can ask around at shops who sell similar products to see if they will help.
  • Especially if it is a store that is unlikely to be a big competitor because they focus on a different market.
  • Search the internet. For example, search for “wholesalers and suppliers” + your industry + your city”.
  • If you have specific requirements you can also include that in your search terms.
  • For example, if you want to offer organic products, include “organic” in your search terms.
  • Look in trade journals.
  • Find the most popular trade journals for your industry, and buy a recent issue of the journal.
  • Not only will you find lots of interesting information about your business.
  • But there are likely to be lots of advertisements for suppliers too.
See also: 9 Tips to Become UTV Dealer in Nigeria

Anatomical Charts Business

9. Establish Strong Store Policies:

 Establish some policies and procedures for doing retailing business.
This will help in handling various business situations.
As well as the normal day to day operations.

Anatomical Charts Business

10. Spread the Word:

Before you open a retail store, do proper marketing of it.
Create a solid retail marketing plan and sales promotion ideas.
And start advertising your retail store.

See also: 18 Tips to Manufacture Flip-Flops in Nigeria

Anatomical Charts Business

11. More tips

  • Look for a location where there is scope for your retailing business to flourish.
  • Strictly follow your business plan and business strategies.
  • Never compromise on the quality aspect of the products you are dealing with.

Related: 11 Tips to Open Anatomical Model Shop in Nigeria

Anatomical Charts Business

12. Things You’ll Need

  • A business structure
  • A good name for your business
  • List of dealers from where you can purchase products
  • A suitable location
  • Promotional tools

Anatomical Charts Business

13. Gauge the demand for a product.

No matter how much you love something.

It will not sell if there is not a real need or desire for it.

Do some market research.

This will allow you to determine whether or not people will purchase your product.

  • Investigate whether people are purchasing a product.
  • Visit online marketplaces like Amazon or eBay.
  • Amazon has a Best Sellers Page that lists products that sell well.
  • On eBay, you can do a search for completed sales within a category.
  • Study how well products did in auctions.
  • If it sold quickly or there was a bidding war for the item.
  • It might be a product worth selling.
  • Visit Google Adwords Keyword Planner.

Anatomical Charts Business

14.Read trade magazines and academic journals related to your business.

 These will give you a well-rounded understanding of the market.

Learn about trends in the market. Find feedback about the product you want to sell.

Evaluate the ads that are displayed in the publications.

If someone was willing to purchase ad space for a product, chances are it’s a good seller.

Anatomical Charts Business

15. Search for actual facts and figures.

This information will not only help you to gauge the market.

But it will also be useful for creating the financial projections you need in order to obtain financing.

These are updated every five years and present information about sales trends in different industries.

Also, join a trade organization such as the National Retail Federation.

Their Retail Insight Center lists industry.

And consumer data gathered from government agencies and consumer surveys.

Anatomical Charts Business

16. Estimate your potential profit margin.

Figure out how much it will cost you to produce or procure the product you want to sell.

Compare this with the amount for which you can sell it.

Determine if the profit margin is enough to make the business worthwhile.

  • Get to know suppliers through trade organizations.
  • By attending trade shows or by visiting online platforms like Thomasnet.com.
  • Compare wholesale information, trade prices and minimum order requirements.
  • Determine the retail price by researching what other stores are asking for the product.
  • Visit an online marketplace or a brick and mortar store to do this research.
  • Compute an estimated direct costs margin.
  • The formula is Direct Costs Margin = Sales Price-Total Direct Costs.
  • If it costs you $5 to produce an item and you sell it for $20, your direct costs margin is $15.
  • Calculate the direct costs margin percentage.
  • The formula is Direct Costs Margin Percentage=Direct Costs Margin/Sales Price*100.
  • Using the above example, you would calculate {\displaystyle 15/25*100=75\%}.

Anatomical Charts Business

17. Research the competition in your area.

If you’re up against a giant store with bargain basement prices.

You’re not going to make a profit.

Unfortunately for small business owners.

These giant stores operate in most cities.

However, if you really strive to make your store a special experience, you will attract customers.

  • Identify the top competitors by searching the web.
  • For example, if you want to open a beauty salon, search “beauty salons” + the name of your city.
  • Read reviews about each one.
  • Look specifically for what reviewers like and dislike about different salons.
  • Not only will this help you identify competitors.
  • But it will also give you ideas about how to improve your own business.
  • You can also find out about the competition by visiting the stores.

Anatomical Charts Business

18. Describe your marketing strategy.

Explain how you are going to promote your store on a limited budget.

And fill it with paying customers.

These strategies may include ads in the paper or direct mail and flyers.

In addition, you could offer coupons or discounts for bringing in new customers.

Finally, networking is a powerful marketing strategy.

Introduce yourself in person to local businesses.

Join the local chamber of commerce, small business associations or local charities.

19. Hire staff.

In order to do this, you will first need to advertise that you are hiring.

You can do this by posting an ad in the local paper.

Posting ads on job sites, and by word of mouth.

Example telling friends you are hiring and asking if they know anyone looking for a job.

Once you have a pool of applicants.

You will need to interview the candidates who are suitable, and choose the best ones.

  • Be sure that you are complying with all of the employment laws that are applicable to you.
  • Your employees are the face of your business when you’re not there.
  • Therefore, do your best to hire people who are reliable, friendly, and efficient.

Anatomical Charts Business

20. Have a grand opening.

This is another way to draw attention to your business.

After your business is up and running for a few weeks or months, have a grand opening party.

At your party you can have drawings for free stuff, cheaper than usual prices, games for kids, etc.

This will basically be a party where you welcome customers to your shop.

  • Although the grand opening may end up costing you money in the beginning.
  • If you have a good grand opening you will make up for it in new business.
  • Make sure to advertise the date and time of your grand opening.
  • Have flyers sent out, post an additional ad in the local paper.
  • Create a social media account for your business.

Anatomical Charts Business

21. Advertise your shop.

 Post an ad in the paper, tell all your friends what you’re doing.

And ask them to spread the word.

Post information about your shop on community boards as well as online.

  • Harness the power of social media.
  • Create accounts that will allow you to advertise your business for free.
  • You can always put money into later, once you’ve become well-established, if you wish.
  • By doing this, you will be able to post information about your business.
  • Post secret deals for followers, and advertise any special events you may have.
  • Be sure to share any information about social media accounts you have as much as possible.
  • For example, if you open a bakery, try setting up at a local farmer’s market for a few weeks to get the word out. On your booth, post information about where you are located, your phone number and opening times, as well as where you can be found online.
    • You can encourage social media followers by offering a special deal, where customers who follow your business will get a free gift when they come into your shop with a “password” that you post on your social media page/s.


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