Are you good in cooking food? How delicious are the taste of your foods? If you have the full confidence and you can boast of the taste of your foods any where, then the world is at your right hand.
Food supply is one of the fastest growing businesses in the Nigeria economy, that have enabled million smiles to the bank. The following are the secret that would lead you to a successful career:
The Profit potential
The foods supply business is a wealth creation, that will make you smile to your bank. Lets analyse the profit that this business will offer you.
A pack of fried, jollof rice is may be 350 per pack,with chicken or beef meat:
In a day if you supply 20 packs, then this will be:20*350= 7,000; then in 5 working days will be 35,000 naira.
35,000*4 (weeks)=140,000 for a month.
Let assume your running costs are:
1 bag of rice 8,800
kerosene 3,200
Tomatoes & Peppers 1,500
Groundnut Oil 4,200
Transportation 2,300
Other expenses 1,200
Total (22,000).
When you subtract 22,000-140,000= 118,000 after expenses in just a month.
Getting Your Capital
To get your business started you need capital, but at the same time it is advisable to start your own business with the little cash in hand that is readily available.
If possible talks to your friends and family rather than rushing to the bank for loan, although they may accept your request; but this may not be the best option at the very early stage of your business, due to the amount of interests rate that may be require to pay back the loan.
Be Good At What You Cook
Your ability to cook delicious variety of foods and when its being testified by everyone around, then this is a step forward that you are good at what you do. If you are privilege to have run restaurant before, its would be an added advantage to you. You can use your home as an address for business and if you can afford rent a shop.
A word of caution: Try to invite others to see and taste your dishes.
Create A Strong Network
Strong networking system is one of the best ways to create a strong customers base and to reach the desire people.
Take time to visit event centers, organisations or companies, in forms some friends, create banners, use van that carry your business name and address etc. Promote your business online on Facebook, through this million of people will get to know you.
Good Negotiation
As you take steps toward the starting of your business, understand the important of negotiation in your business, because this can make you run into loss, when you are suppose to gain. Start with high rates or amount so that when the other party respond cut down your initial price offer, within what they can afford, the agreed rate may be favorable to you. Compare your price with other competitors and fixed your price.
Maintain A Good Cleaning Habits
Your being clean is another step to success. Most customers easily feel discourage the moment they notice that your appearance, environment and your utensils, (plates,spoons etc.) are not hygienic,its spark off their interest in you and especially the foods you served/supply. Keep your environment clean at all time.
Work With An Agreed Time
It is important you work with an agreeable time most African are not timely conscious, especially in business issues. Therefore, be sure you are timely conscious. Since, most workers may prefer to take their breakfast before their resuming duty,it is better you stick to time. And if there is an arrangement for launch make sure you work with an appointed time.
Finally, the Nigeria business environment is a growing business opportunities, therefore make use of this advantage and you will smiles to the bank.
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