Start This New Year With A Profitable Financial Plan

Last Updated: January, 2021

The holidays and the New Year are over. It is now the time to start thinking about what you can do to get your financial affairs in order for this year. The turn of the year is typically a time of reflection and planning to right areas that you may have let go astray in the previous year.


Start the New Year By Implementing a Financial Plan

Implementing a financial plan is our top financial item you should resolve to address in the coming year. This vital item could have a tremendous impact on your financial future, not only for yourself in the coming year, but also for generations to come.


The coming year should be used to design, develop and implement a financial plan. Think about the amount of time that you spent last year in researching, booking and mapping out your vacation and recreational activities. Was more time spent on planning for your leisure or your financial future? I would argue that, in most cases, leisure won this battle.


Think Beyond a Budget

A financial plan is more than just a budget, reviewing your investment gains/losses, or even having a 180-page document that sits on a shelf or in a drawer. Your financial plan should be a living and breathing document. I had met with many clients over the years that have let me know they already have a financial plan and I asked to review it with them. It is rare that I encountered someone with a plan that was completed recently and/or that they have actually looked at in the last few years. This is not a plan, it is merely a snapshot of their situation at a particular time.

The plan should reflect your current circumstances and address your future needs, wants and wishes.
At a minimum, the plan should review your:

• retirement, 
• education/business funding, 
• estate planning, 
• risk management, 
• asset management, 
• income plan, 
• family and personal expenditures,
• investments with daily returns 
• and emergency fund strategies. 

Ultimately, these are all fluid areas and simply taking a snapshot of where things stand today will not define your ability to get where you want to be in the future. Some of the most important work that goes into a plan is the monitoring and updating of the plan over time.


What Goes Into Creating a Financial Plan

In most cases, putting a plan together and reviewing your progress over time can consume a good deal of your time. Hiring a fiduciary advisor that can help you get started and monitor this process over time is one way to start.

According to the CFP Board's Financial Planning Practice Standards, financial planning is a six step process as outlined here:

1. Establishing and defining the client-planner relationship.
2. Gathering client data, including goals.
3. Analyzing and evaluating the client’s current financial status.
4. Developing and presenting recommendations and/or alternatives.
5. Implementing the recommendations.
6. Monitoring the recommendations.

This process is a comprehensive overview of what a financial plan entails and we cannot express enough the importance of step six. You cannot develop a plan without monitoring and adjusting it as needed over time. This is too important and you should not wait another year.
Start on the path to building your financial future today.

Daily expenditure without daily income is the worst thing anyone can experience when it comes to financial planning. Even salary earners should known how to ration their income for effective distribution and savings. Regardless of how tight your job schedules could be, everyone should have a side income generating business. It could be in the form of cloud investment, opening of mini business or even online/freelance business.

One area of interest when it comes to invest this New year is, investment in cryptocurrencies. Last year alone saw Bitcoin rose to $19,000, giving investors over 1000% profit on investment. Similarity profits were recorded with other cryptocurrencies such as Ripple, Iota, Bitcoin Cash, Electroneum, Ethereum, etc.
Experts have projected over 5000% profit from cryptocurrency investments this year.

As a recommendation, here are some cryptocurrency investment platform you can join:


Luno: This serves as bitcoin trading platform and also wallet.
Register here and receive free bitcoin: https://www.luno.com/invite/GTVZ6
Useful link: How to make money daily on Luno


Another area where you can invest in is Oil and gas. Many people don't know that, you can start oil and gas marketing business with little or no capital. Check the links below:

How to start oil and gas marketing and distribution business with little or no capital

How to start cooking gas refilling business in a small/medium/large scale with little capital

There are other investment platforms and other forms of investment that are worth it, such as real estate, catering, oil and gas marketing, etc.

 Look around your area, discover the problems(opportunities) people are facing, and then provide solution. This is the way to make money in your local area.


For assistance contact:
tochukwudike@gmail.com
customercare.dillionworld@gmail.com


HAPPY NEW YEAR!!!


contributions: Tochukwu M. Dillion, Lawrence Sprung

Ways Of Making Money During Christmas Season

Christmas is one of the holidays that create huge business opportunities for smart investors and entrepreneurs who are ready to grab them while the season lasts. From greeting cards and gifts to wears, many products sell very well especially when December 25 is fast approaching.

As an entrepreneur, you can make money off of the Christmas seasons by exploiting some of the many business opportunities that come with it. So without wasting time, below are ten profitable business ideas that you can make cool money with when the next Christmas is near:



Design and sell Christmas cards

When Christmas is near, people buy and exchange Christmas greeting cards with their friends, relatives, and customers. This explains the reason why the demand for Christmas cards start booming wildly anytime from December 1st.

If you are a creative artist, you can design beautiful greeting cards and put them up for sale. You can design them either by hand or with a computer. Either ways, there’s a lot of money to be made. If you don’t have the required artistic creativity, you can buy greeting cards in wholesale quantities and sell them.



Sell goodies and sweets

Because almost everyone loves treats, you will be going in the right direction by making and selling sweet food products like cupcakes and cookies. If your treats are very good, you will get an amazing number of orders during Christmas.
If you are not skilled enough to make these treats yourself, partner with someone who has the skills or buy from them in large quantities and sell to customers.



 Pack and sell gift baskets

The good side of this business opportunity is that you don’t have to make the food to be placed in the baskets. Just visit a grocery or food store around you, buy various foods and fruits, and place them nicely in a basket.
To make the baskets even more attractive, wrap them with beautiful Christmas-branded wrapping sheets. You can sell your gift baskets to office workers and other interested customers around you.



Sell Christmas souvenirs

Many people visit their home cities and towns to celebrate Christmas. Aside spending their money on food and fun activities, they also love to buy souvenir items that they can take back with them after the Christmas season.
 Examples of souvenir items that people like to buy include custom-branded Christmas-branded T-shirts, village/town-branded Christmas calendar, mugs, home decorations, and so on.



Sell gift items

People exchange gifts during Christmas, and this explains why reasonably priced items like shirts, fancy jewelry, and other exchange gift items sell very well during Christmas period. To record even more sales, try to sell cheap products. You can sell these items in offices and bazaars. And you can offer to wrap the items for an extra fee.

Most buyers would gladly accept this offer because it would spare them the hassles of doing it themselves.



 Sell children’s toys

Children’s toys also sell very well during the Christmas season. In fact, they are most abundant in the market during this period. This business is very easy to put up because children’s toys are very cheap, and they are very profitable.
 If you have the creativity and know-how, you can make the toys yourself and put them up for sale.


Render food-catering services

Starting a food-catering business is another smart way to make huge profits during the Christmas season. The demand for catering services boom during this period because many people are too busy to prepare the delicacies they want and also the Christmas period is the period with the highest number of occasions such as weddings, end of the year party, get-together, etc.



Sell gift-wraps

As is the case with other festive seasons, people exchange gifts with their friend, relatives, colleagues, and customers during Christmas. And as one would expect, these gifts are wrapped in beautiful, Christmas-branded gift wraps. So, you can make a lot of money off of the Christmas season by selling gift-wraps, which people use to package their gifts before presenting them to others.



Organize musical shows

If you are a musician, or you have a band or dance group, you can make money during the Christmas season by organizing musical concerts or featuring as guest artistes at concerts.
Even if you are not an artiste yourself, you can collaborate with famous artistes and organize a musical concert aimed at celebrating Christmas. It can even be with local artistes and you can make money from ticke sales and drinks.



Sell Christmas items online

If you are a blogger with a large online followership, you can make money during Christmas by selling various holidays items as an affiliate and getting commissions from each sale.


MERRY CHRISTMAS!!!


#mytopbusinessideas

Procedure For Getting License To Build And Operate A Petrol Station in Nigeria

Recently Updated

PROCEDURE AND CONDITIONS FOR GRANTING APPROVALS FOR THE CONSTRUCTION AND OPERATION OF A PETROL STATION


A.  APPLICATION PROCEDURES 

Application for approval to construct a filling service station for retailing Petroleum produces shall be submitted to the Department of Petroleum Resources (DPR) giving details of the proposals and any information that may be relevant to the project. In addition, the following documents should be submitted along with the application:

i. Three (3) copies of approved plan showing the building existing or proposed on the site and the relation of the site to the roadways and adjoining property;

ii. A certificate signed by signed by the Chief Federal/ State Fire Officer, or by an officer authorized in that behalf, that the arrangement proposed for the prevention of fire at the site are satisfactory;

Related Post: How to start oil and marketing/distribution business in Nigeria with little or no capital


iii. A certification by the Area/Town Planning Authority for the construction of a Petrol Filling Station on the proposed site;

iv. A certificate signed by the divisional police Officer or a superior police officer in-charge of the police motor traffic that he is satisfied that the site and layout of the proposed filling station do not constitute an unnecessary traffic hazard.

v. Evidence that company applying is duly registered as a limited liability company by the appropriate Federal Ministry/Corporate Affairs Commission to deal in petroleum products as follows:

1. Certificate of Incorporation.

2. Certified True Copy of Memorandum & Article of Association.

vi  Tax receipt and/or tax clearance certificate for the preceding 3years.


B.  APPROVAL TO CONSTRUCT

After the above listed document must have been submitted, inspection of the site will then be carried out. “APPROVAL TO CONSTRUCT” will be granted by the Operation Controller/Manager (Department of Petroleum Resources), if the proposed sites fulfill the conditions stipulated in the relevant sections of the “Petroleum Regulations”.


C.  LICENSING PROCEDURE

After the completion of the construction works, an application for a Storage and Sale Licence must be made to the Department of Petroleum Resources (DPR). Such a licence is granted after the station has been inspected and certified as being satisfactory by official of the DPR.

The following facilities must be provided at the petrol station before it could be considered for licensing:

a. Air compressor and air guage in good working conditions

b. Provision of water (pipe-borne /well-treated borehole)

c. Power/Electricity Generator

d. Well-stocked first aid box

e. Refuse container/waste basket(s)

f.     Safety equipment or facilities

g.    Toilet facilities and conveniences


D. INDEPENDENT MARKETING/SPONSORSHIP

All application for storage / sale licences may be channeled through a sponsor company i.e. An oil marketing company with which the applicant has concluded product supply arrangements. Sponsor companies may be any of the following: NATIONAL, UNIPETROL, TOTAL, MOBIL, AFRICAN PETROLEUM (AP), ELF, AGIP, TEXACO, OR any of the existing independent Oil Marketing Companies.

PETROLEUM PRODUCT MARKETING COMPANY (PPMC)/(NNPC) would enter into Petroleum Product Supply Agreement with a DPR Storage & Sale Licencee who intends to operate as an independent Marketer.


E.  PUMP ATTENDANTS

All filling stations’ pump attendants must be very well trained and possess valid certificates of competence obtained from an organization recognized by the Dept. of Petroleum Resources (DPR).


Enquiries:
Further enquiries may be directed to the Director Dept. of Petroleum Resources No 7 Kofo Abayomi St. Victoria Island, P.M.B. 12650, Lagos or any of the Operations Controllers nearest to the retail outlet(s) is/are situated.


We have already prepared full Feasibility Study Report on Fuel/Filling Station( types of fuel stations, requirements, cost involved, equipments, personnel, construction,licensing and fees, etc). For those that want to venture into the business, you can get the report from us and further assistance.
Contact:
Tel: +2348035217265
Email: tochukwudike@gmail.com
            dillionworldblog@gmail.com

Opportunities In Oil And Gas Marketing/Distribution Business And How To Start Without Capital

Recently Updated

The oil industry is where everybody can benefit. The trading opportunity is massive, in fact, in one deal alone, you can make over N200,000(NGN).

 Product trading is where the wealth is and, it has a wide scope, from the Automotive gas oil(AGO- Diesel) to PMS(petrol),  DPK(kerosene) and LPFO( low pour fuel oil- black oil). You will find opportunities from homes, banks, factories, workshops, eateries and business centres, cyber cafes, companies, government offices, and even to filling stations and depots. All these places are where you can supply petroleum products for millions even on your first delivery.

The good news is, you do not need to be a millionaire to start this business. With what is called Local Purchase Order(LPO) you can start without any capital(money) and still make huge amount of money. LPO is a contract agreement between you and the company you want to deliver the product to, and usually, it contains the quality, quantity, date the product will be delivered, terms of payment, etc. When you deliver the product to the company, you will be paid instantly and then you can in turn, pay your supplier.

You may not even touch the product( the supplier will take the product straight to your customer) and you will be paid. That is, you will be acting like an intermediary to the petroleum companies your are getting your products from and the buyers.
That makes you and independent broker. This means that, you don't need any certificate or paper work of any type, because the company will take care of all these.

Anyone can be part of this business, from unemployed, to students and even the employed. You can be conducting the business on a part-time or full time basis. I guarantee you a monthly income of up to N100k and more.

**Our manual teaches you how to get such contract and were to get the petroleum product so cheap (legally and pay after receiving money from the company you delivered the product to),
**how to partner with filling stations and oil companies,
**how to start up and own an oil company of your own,
**how to start the importation of crude oil,
**how to make as much as N1million from one deal,
**how to trade from storage tank,
**how small players can be part of the deals,
**how to operate haulage business from oil and gas,
**how to partner with banks for loans,
**how to trade petroleum online
**and most importantly, how to start any of these without cash.

You will also learn how to get allocation from PPMC, how to go about getting licenses/consents required in any oil and gas business(for big investors) and in addition, the full feasibility study report of starting a filling station in Nigeria is equally included.

We guarantee you that you will never lose in this business, with our guide, it's all about gain. We have been into this business for over 5 years now, and you too can make it.

After going through the manual, those in Lagos and its surroundings(who are interested) can be placed under an oil and gas storage/distribution company as marketers, where they will be earning salary. For those outside Lagos, you will also earn big from the business. It's a sure guarantee.

We will guide you till you start making sufficient income from this business.

The manual and guide cost N8,000 (eight thousand Naira) only.

Do not worry about how to get the products or how to transport the products or even about cash to start, all these and lot more are covered adequately in our manual and guide.

 We can also source and deliver any of the products for you.

To get this manual and our guide, and to partner with us in achieving success in this oil and gas business contact,
+2348035217265
tochukwudike@gmail.com
dworldresources@gmail.com
customercare.dillionworld@gmail.com