Small scale business interview

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The CEO of LUMIH BEADS
https://drive.google.com/uc?export=view&id=17iruoGlrV1avyG2NoKu3puSgSypC5KYR
 is Rufus Joy Oluwapelumi, a native of Edo state and a student of Lagos state University of science and technology formerly known as Lagos state Polytechnic, mass communication department HND 1, and an entrepreneur.
LUMIH BEADS was established in the year 2020, January 23. during her ND level.
https://drive.google.com/uc?export=view&id=1OPcyf2KIYiIcs6TiVi4ZMzhnSCJotCFw
 https://drive.google.com/uc?export=view&id=1T-JLQwFtoETKbRer6L-Nz6ZczM5fls1i
1. How much capital do you use to set up this business?
_30,000 naria
 
2. Did you share your capital with another person, or it’s a sole proprietorship?.
_sole proprietorship
 
3. How have you been able to cope with the constant power outstage in this location?.
_it hasn't been easy I must say, but I have to keep going for the satisfaction of my clients
 
4. What other challenges do you face?.
_Dollar, most beading materials are ship from abroad and anytime dollar rises, it change the market price here in Nigeria.
 
5. How satisfied are you with the sales traffic?.
_Sales hasn't been that good since dollar began to rise like I said earlier, so if I should from the scale of 10 I'd say 6.
 
6. How do you procure your products?.
_most of my goods are gotten from tradefare because I buy them mostly in large quantities to save cost.
 
7. How much is your estimate sales per month?.
_50,000 naria
 
8. Where do you see yourself in the next 5years?.
_ A big brand owner, an integral part of the society and in the women community, helping women feel and love their body more by adorning them in beautiful waistbeads and other beaded jewelry.
 
9. How do you intend to support Nigeria economy and the society?.
_Paying my tax and you know supporting the society by giving back to the poor.
 
Byline: POPOOLA YETUNDE DEBORAH
Published by shodolamu olawale quadri 

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