The importance of bread as food has never been in question - There is hardly and tribe, religious group or race that doesn't eat bread. Therefore, dealing in bread as a business means you're dealing in product that is in high demand, and what ever return you're making from it, is going to be a stable return since you'll will be constantly supplying and getting your profit returns.
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| Yaumi Sliced Bread |
Sliced Bread is the ideal type of bread for supply because of it's wider appeal and higher quality. Not everyone eats Agege Bread though some people like that, but sliced bread is more likeable and is considered of higher quality (at least that's the general perception) some may disagree to that.
One beautiful thing about slice bread supply is that you make quick return, once you've done your marketing to get your regular retailers, all you will be doing is to supply them at interval and get your money cash at the point of supplying. So, it's a business you can borrow money to do and be able to pay back almost the same day.
Another great thing about sliced bread supply which you will love to hear is that, it's a business that offers very decent return on investment and the repeat sell is almost endless once you hit a customer. If you are able to supply 500 loafs of slice bread with profit margin of about N40 per loaf, you'll make 500x40 = N20,000 every time you supply, and you can supply twice in a week depending on the demand and your brand. I'm experienced in this business and I can tell you this is the fact!
The requirements to run Sliced Bread supply?
The requirements are simple and anyone can meet up with it including you! It's one of the cheapest business anyone can start and you don't need any further training more that what I'm going to explain here. But, you need some hard work and I think that's the hallmark of every business, hard work is a virtue and you need it in your bread supply business if you hope to make lots of sales.
You need good customer base, I mean retailers to whom you'll be supplying to - the more retailers you have, the more breads you will be supplying and the more money you will be making.
You need means of transporting your bread; your customers/retailers are spread all over the place and in most cases they don't come to you, you go to them to make supply and collect your money. You need at least a motor-bike for that purpose.
You will need a very good product that people love, you don't have to be supplying all the bread brands, one type is just enough but you need to get one that will be highly acceptable by consumers. Getting a good bread may as well be the difference between success and failure in this business.
You will need offloading point where you will be offloading your sliced bread whenever you have a supply. From there, you can distribute it to the retailers; if there is remaining breads or some you've not supplied, they will be stored there for future distribution. Having known the requirement, next is how to put everything together and get your business started
Getting Started With Your Bread Supply
1. Look for a Brand - You need to know the bread you intend to supply so that you'll be able to explain better to your intended retailers. First, scan the area you wants to be supplying and see what types of of sliced bread that on sale. That will help you to avoid encroaching on another supplier's territory, a supplier who is already supplying a particular bread brand in an area may prevent you from supplying the same brand he or she supply.
Then, go out and look for a unique good sliced bread brand that is not found in your area, visit bus stops in other area to see the types of sliced bread they are selling, pick the one you like and look at the label to get the contact address and phone number, you may ask the bread sellers for more details about the brand (how fast it sells and life span) they'll be willing to give you the information.
2. Proceed to the Bakery - Personally go to the bakery to negotiate the franchise, the bakery manager will be more than happy to welcome you because, you are bringing new business to them and helping them open a new frontier. When I was in the business, we used to get the sliced bread for N80, sell to the retailers at N100 while they in turn sell N120.The manager or whoever is in charge of the bakery will be able to explain what is obtainable now.
Apart from the price, you should negotiate logistics as well, like bringing the bread down to your designated offload point which is the norm but they will try to withhold it from you if you don't know.
Note: some well known brands (UTC, V-lue, Butterfield, etc) may not agree to transport it down for you except you're buying in super quantity.
3. Get the Retailers - Having armed yourself with the exact product you want to supply, the next thing is to find the retailers. Talk to provision shop owners and bus stop bread women, these two set of people are your biggest prospect as far as sliced bread is concerned.
Each person you talked to that accepted to get your supply, find out how many loafs of sliced bread he will be getting. At the end of the marketing, calculate the estimated number of loafs these people demanded for and base your buy on this.
4. Get your supply equipments - Buy a Motor-bike if you can afford it (a Bajaj motorcycle goes for between N80,000 - N100,000) that will make your supply so easy and help you reduce over-head costs. But if you can't afford that, just pay Okada man to take you round.
Find your offload point, it can be your home or a shop - go for shop if you can afford it (N100,000 depending on the area) but if you can't afford that too, use your home until you raise enough money.
once you have these things in place, call the Bakery and ask them to bring the bread down - you're ready for business. If you can supply 1000 loafs in a week, you will be making N40,000 weekly.
I wish you success as you pursue your dream business this year!
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