How To Start a Cinema Business In Nigeria

Are you interested in starting your own cinema business or do you have the passion and knowledge of movies? Do you intend to make money from movies? Or do you have an interest in starting up your own business and making huge money from it, here is how to start a cinema business in Nigeria without any stress? Do you know that some analysts have placed the entire Nigerian movie industry at a value of about $3 billion it means that Nigerians have a healthy appetite for movies? And if you can go into this business, you will be having a huge profit in this movie industry. Before I proceed 

, let me explain what a cinema means.

Meaning of Cinema or a Movie Theatre

A cinema or movie theatre is a place where movies are shown on large screens for a paying audience. Cinemas are usually characterized by superior sound effects, high picture quality, and comfortable furniture. All these combine to give moviegoers an awesome movie viewing experience. In Nigeria today, the cinema business has grown to become a very profitable and lucrative business, pulling record crowds to movie viewings and generating massive profits for their owners. So, this article will show you how to start a cinema in Nigeria.

There are two major ways of going into the cinema business in Nigeria, these are the two major ways;

  • Starting your cinema business independently
  • Start your cinema business under an existing franchise.

Starting Your Cinema Business Independently

In this method, you will have to start the entire business from scratch. So, this method is encouraged if you have been previously involved in running a cinema business and you know what you are doing. You will also be required to market your brand name and establish your contacts within the industry. Even though you are free to do what you like at your place, this method carries along with it a greater amount of risk, if you have great interest in starting this business, properly consider both options, research them and then determine for yourself which will be best suited for you.

Starting Your Cinema Business Under An Existing Franchise

You can start your cinema business by approaching one of the major existing cinemas in the country and going into a partnership with them. This partnership will enable you to start your cinema while using the name of the existing company. The advantage of this method is that you get to enjoy the popularity of the existing brand and the relationship they have with movie distributors, marketers, and producers. This can go a long way to attract customers to you. You will also benefit from their wealth of experience.

The bad side of this method is that it might tend to hinder your creativity because being a franchise, you have to do things very well according to the procedure and the dictates of the parent company. Running under a franchise also means that you have to part with a portion of your income.

So, before going ahead to begin to put money into this business, here are some key points that need to be carefully thought out. These are the points to follow;

1. Get a Good Location for the Business

You must select a good location for this cinema business, the location of your cinema business is properly the single most important factor that will determine the success or failure of the business. In selecting your location, you have to carry out the proper research on the proper research on the people living in that area. You should be able to determine using a market survey if the residents in that locality need a cinema house around them, a good market survey will be able to tell you if you will be able to attract customers to your cinema. 

Your location studies should also take the cost of securing a structure into consideration. To guarantee profitability, a cinema house requires a large hall that can comfortably hold at least a hundred people at any given time, it also depends on the capital you have at hand, you may decide to rent a hall or build one yourself if you have huge capital and also, your location must be visible and accessible with some space for parking, when you locate your cinema in a busy area of your city, it will go a very long way in giving you the much-needed exposure that will bring customers to your business.

2. Go For Training

To run a cinema business is not easy, you have to go for training and if you already have the experience of running a cinema business before then that’s fine but if you do not, then you have to go for training that will help you to run the business very well. The training will also help you to patronize the cinema houses of your potential competitors apart from going on formal training, so, you have to pay more attention to how they carry out their own business and pinpoint areas where you can improve on their services.

3. Register Your Business

It is an established law in Nigeria that all business places have to be registered with the Corporate Affairs Commission which is CAC. Proper registration is also an important requirement when you want to source funds from a financial institution. You will also need to be registered with and get permission from the Nigerian Film and Video Censors Board (NFVCB). This is also very important because the NFVCB has the sole responsibility of regulating the movie industry in Nigeria. You can be heavily fined or completely shut down if you go ahead to show films or videos that have been banned by the board.

4. You can Engage with Distributors and Producers

.

The film distributors and producers are very important in this cinema business, this is because they provide you with your main commodity which is the movie. 

It is a huge offense to show a movie in the cinema without the permission of the owners of the movie. So, establishing a good business understanding with distributors and producers not only ensures that you get their movies for cinemas, but it also means that you will get their movies on time. And then remember that the earlier you get a movie, the higher your chances of getting a full house.

5. Get the Cinema Equipment and Fittings

The next step to take is to purchase the appropriate equipment for your cinema, apart from renting a shop, this will be the other area that will take a lot of your capital. Try to focus on the basic equipment such as projectors, screens, lighting, and other sound systems. You also need to get fittings for your cinema and then your cinema should be fitted with the right furniture to maximize comfort. You will also need to fit air conditioners to keep the place cool. Also, the generator that will be supplying power to your equipment and other electrical fittings in the event of power failure must be purchased.

6. Create a small area where Snacks can be prepared

Apart from movie ticket sales, another major source of income for a cinema is the sale of snacks and drinks. Most customers cannot resist the urge to snack away while watching a movie. Ensure you get proper snacks and cold drinks so that the customers can buy and that is another business for you, if the snacks are good, it will even entail the customers to be coming for movies.

Read also: How To Make Money Online As A Student In Nigeria

7. Employ more Staff

You will have to employ staff at least two or more to carry out the sale of tickets, operate the projectors, light, and sound, sell snacks, and also man at the entrance. If you have the funds and lack the needed experience, you can hire a cinema manager so that he/she can help you to run the business very well, you may even gain more experience from the manager.

8. Advertise Your Cinema Business

After putting all the above listed in place, it is now time to blow the trumpet of your business, what I mean is that it’s now time to advertise your business so that people can locate you, and explore as many means as possible to let people know about your business. And then, do not ignore the importance of social media in modern-day advertising, the social media will give you a much broader audience than conventional media platforms.

This cinema business is a very profitable and lucrative one, you will only survive in it if you do things the right way. so, the above listed are just steps that will guide you on how to run the business successfully in Nigeria. Your creativity and hard work are also required to help you succeed in the business.

So, I hope these steps will guide you easily on how to start the business successfully without any stress…

xosotin chelseathông tin chuyển nhượngcâu lạc bộ bóng đá arsenalbóng đá atalantabundesligacầu thủ haalandUEFAevertonxosofutebol ao vivofutemaxmulticanaisonbetbóng đá world cupbóng đá inter milantin juventusbenzemala ligaclb leicester cityMUman citymessi lionelsalahnapolineymarpsgronaldoserie atottenhamvalenciaAS ROMALeverkusenac milanmbappenapolinewcastleaston villaliverpoolfa cupreal madridpremier leagueAjaxbao bong da247EPLbarcelonabournemouthaff cupasean footballbên lề sân cỏbáo bóng đá mớibóng đá cúp thế giớitin bóng đá ViệtUEFAbáo bóng đá việt namHuyền thoại bóng đágiải ngoại hạng anhSeagametap chi bong da the gioitin bong da lutrận đấu hôm nayviệt nam bóng đátin nong bong daBóng đá nữthể thao 7m24h bóng đábóng đá hôm naythe thao ngoai hang anhtin nhanh bóng đáphòng thay đồ bóng đábóng đá phủikèo nhà cái onbetbóng đá lu 2thông tin phòng thay đồthe thao vuaapp đánh lô đềdudoanxosoxổ số giải đặc biệthôm nay xổ sốkèo đẹp hôm nayketquaxosokq xskqxsmnsoi cầu ba miềnsoi cau thong kesxkt hôm naythế giới xổ sốxổ số 24hxo.soxoso3mienxo so ba mienxoso dac bietxosodientoanxổ số dự đoánvé số chiều xổxoso ket quaxosokienthietxoso kq hôm nayxoso ktxổ số megaxổ số mới nhất hôm nayxoso truc tiepxoso ViệtSX3MIENxs dự đoánxs mien bac hom nayxs miên namxsmientrungxsmn thu 7con số may mắn hôm nayKQXS 3 miền Bắc Trung Nam Nhanhdự đoán xổ số 3 miềndò vé sốdu doan xo so hom nayket qua xo xoket qua xo so.vntrúng thưởng xo sokq xoso trực tiếpket qua xskqxs 247số miền nams0x0 mienbacxosobamien hôm naysố đẹp hôm naysố đẹp trực tuyếnnuôi số đẹpxo so hom quaxoso ketquaxstruc tiep hom nayxổ số kiến thiết trực tiếpxổ số kq hôm nayso xo kq trực tuyenkết quả xổ số miền bắc trực tiếpxo so miền namxổ số miền nam trực tiếptrực tiếp xổ số hôm nayket wa xsKQ XOSOxoso onlinexo so truc tiep hom nayxsttso mien bac trong ngàyKQXS3Msố so mien bacdu doan xo so onlinedu doan cau loxổ số kenokqxs vnKQXOSOKQXS hôm naytrực tiếp kết quả xổ số ba miềncap lo dep nhat hom naysoi cầu chuẩn hôm nayso ket qua xo soXem kết quả xổ số nhanh nhấtSX3MIENXSMB chủ nhậtKQXSMNkết quả mở giải trực tuyếnGiờ vàng chốt số OnlineĐánh Đề Con Gìdò số miền namdò vé số hôm nayso mo so debach thủ lô đẹp nhất hôm naycầu đề hôm naykết quả xổ số kiến thiết toàn quốccau dep 88xsmb rong bach kimket qua xs 2023dự đoán xổ số hàng ngàyBạch thủ đề miền BắcSoi Cầu MB thần tàisoi cau vip 247soi cầu tốtsoi cầu miễn phísoi cau mb vipxsmb hom nayxs vietlottxsmn hôm naycầu lô đẹpthống kê lô kép xổ số miền Bắcquay thử xsmnxổ số thần tàiQuay thử XSMTxổ số chiều nayxo so mien nam hom nayweb đánh lô đề trực tuyến uy tínKQXS hôm nayxsmb ngày hôm nayXSMT chủ nhậtxổ số Power 6/55KQXS A trúng roycao thủ chốt sốbảng xổ số đặc biệtsoi cầu 247 vipsoi cầu wap 666Soi cầu miễn phí 888 VIPSoi Cau Chuan MBđộc thủ desố miền bắcthần tài cho sốKết quả xổ số thần tàiXem trực tiếp xổ sốXIN SỐ THẦN TÀI THỔ ĐỊACầu lô số đẹplô đẹp vip 24hsoi cầu miễn phí 888xổ số kiến thiết chiều nayXSMN thứ 7 hàng tuầnKết quả Xổ số Hồ Chí Minhnhà cái xổ số Việt NamXổ Số Đại PhátXổ số mới nhất Hôm Nayso xo mb hom nayxxmb88quay thu mbXo so Minh ChinhXS Minh Ngọc trực tiếp hôm nayXSMN 88XSTDxs than taixổ số UY TIN NHẤTxs vietlott 88SOI CẦU SIÊU CHUẨNSoiCauVietlô đẹp hôm nay vipket qua so xo hom naykqxsmb 30 ngàydự đoán xổ số 3 miềnSoi cầu 3 càng chuẩn xácbạch thủ lônuoi lo chuanbắt lô chuẩn theo ngàykq xo-solô 3 càngnuôi lô đề siêu vipcầu Lô Xiên XSMBđề về bao nhiêuSoi cầu x3xổ số kiến thiết ngày hôm nayquay thử xsmttruc tiep kết quả sxmntrực tiếp miền bắckết quả xổ số chấm vnbảng xs đặc biệt năm 2023soi cau xsmbxổ số hà nội hôm naysxmtxsmt hôm nayxs truc tiep mbketqua xo so onlinekqxs onlinexo số hôm nayXS3MTin xs hôm nayxsmn thu2XSMN hom nayxổ số miền bắc trực tiếp hôm naySO XOxsmbsxmn hôm nay188betlink188 xo sosoi cầu vip 88lô tô việtsoi lô việtXS247xs ba miềnchốt lô đẹp nhất hôm naychốt số xsmbCHƠI LÔ TÔsoi cau mn hom naychốt lô chuẩndu doan sxmtdự đoán xổ số onlinerồng bạch kim chốt 3 càng miễn phí hôm naythống kê lô gan miền bắcdàn đề lôCầu Kèo Đặc Biệtchốt cầu may mắnkết quả xổ số miền bắc hômSoi cầu vàng 777thẻ bài onlinedu doan mn 888soi cầu miền nam vipsoi cầu mt vipdàn de hôm nay7 cao thủ chốt sốsoi cau mien phi 7777 cao thủ chốt số nức tiếng3 càng miền bắcrồng bạch kim 777dàn de bất bạion newsddxsmn188betw88w88789bettf88sin88suvipsunwintf88five8812betsv88vn88Top 10 nhà cái uy tínsky88iwinlucky88nhacaisin88oxbetm88vn88w88789betiwinf8betrio66rio66lucky88oxbetvn88188bet789betMay-88five88one88sin88bk88xbetoxbetMU88188BETSV88RIO66ONBET88188betM88M88SV88Jun-68Jun-88one88iwinv9betw388OXBETw388w388onbetonbetonbetonbet88onbet88onbet88onbet88onbetonbetonbetonbetqh88mu88Nhà cái uy tínpog79vp777vp777vipbetvipbetuk88uk88typhu88typhu88tk88tk88sm66sm66me88me888live8live8livesm66me88win798livesm66me88win79pog79pog79vp777vp777uk88uk88tk88tk88luck8luck8kingbet86kingbet86k188k188hr99hr99123b8xbetvnvipbetsv66zbettaisunwin-vntyphu88vn138vwinvwinvi68ee881xbetrio66zbetvn138i9betvipfi88clubcf68onbet88ee88typhu88onbetonbetkhuyenmai12bet-moblie12betmoblietaimienphi247vi68clupcf68clupvipbeti9betqh88onb123onbefsoi cầunổ hũbắn cáđá gàđá gàgame bàicasinosoi cầuxóc đĩagame bàigiải mã giấc mơbầu cuaslot gamecasinonổ hủdàn đềBắn cácasinodàn đềnổ hũtài xỉuslot gamecasinobắn cáđá gàgame bàithể thaogame bàisoi cầukqsssoi cầucờ tướngbắn cágame bàixóc đĩaAG百家乐AG百家乐AG真人AG真人爱游戏华体会华体会im体育kok体育开云体育开云体育开云体育乐鱼体育乐鱼体育欧宝体育ob体育亚博体育亚博体育亚博体育亚博体育亚博体育亚博体育开云体育开云体育棋牌棋牌沙巴体育买球平台新葡京娱乐开云体育mu88qh88

Ayodeji Kolawole

My name is Ayodeji Kolawole. Please note that I am not in any way affiliated with any company you read about on this blog. For more info email me on admin@ayokola.com.ng

View all posts by Ayodeji Kolawole →

Leave a Reply

Your email address will not be published. Required fields are marked *