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Small scale industry

Business 50 days ago Participants (3)
  • Chidon

    Starting a small-scale industry can be a smart and profitable move — especially in developing economies where there’s demand for locally made products. Whether you're in Nigeria or anywhere else, the steps to starting a small-scale industry are fairly universal.

     

     

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    🏭 What Is a Small-Scale Industry?

     

    A small-scale industry (SSI) is a business that:

     

    Requires low to moderate capital

     

    Uses local resources

     

    Has limited workforce

     

    Produces goods or services for local or regional markets

     

     

    Examples:

     

    Soap making

     

    Food processing

     

    Fashion/tailoring

     

    Agro-processing (e.g. palm oil, cassava flour)

     

    Furniture making

     

    Detergent or candle production

     

     

     

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    ✅ Step-by-Step: How to Start a Small-Scale Industry

     

    1. Choose the Right Business Idea

     

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