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Eight Lucrative Steps: How To Start Food Business In Nigeria 2023

by Tolulope Akinruli

Food is one of the basic needs of man before he can even talk of shelter. No person on this planet earth can survive without food for some days. Starting a food business in Nigeria is well thought of because you will make a lot of profit as captioned by Entrepreneurng report.

Although the food business might be a little bit stressful and very challenging. The fact remains that there is no business you ever think of venturing into without a challenge and a risk involved. First, you just need to develop an interest in it and then you can kick start.

Let me take you on a journey of no return on how you can start this lucrative food business in Nigeria without regret.

1. You must be a good cook 

Before you can start a food business in Nigeria you must be a master chef. Everybody likes to eat a tasty meal. Let me share with you one of my experiences, one day on the street of Lagos l was so hungry that l needed to eat because l was far from home so l branched to one restaurant and l ordered ‘Amala’ with vegetable soup.

After feasting on this meal l had to request extras because the food was fantabulous. If the food was not good l trust me l will just wash my hands inside and will never patronize such a restaurant again.

If you don’t know how to cook, you need to learn how because that is very key if you want customers to patronize you often. If you want to be a master chef you can go to a catering school and obtain a certificate which will make you more qualified to start this kind of business.

2. You need a capital

Hmm…, Money is the major key success to any Successful business. Without capital, the business idea might just end on the table.

One interesting fact about the food business is that you can start small and end up big. In the sense that you don’t need a huge capital to start. You can start with as little as #50, 000 and l bet you if you are focused you will grow big in a twinkle of an eye.

3. Get the necessary equipment

You cannot start a food business without getting kitchen utensils such as sets of plates, tables, hot coolers, and many others. This equipment enhances your production or productivity.

As stated above you need money to finance the business. You don’t need to get a large quantity at a time. I tell you slow and steady will always win the race. When you have money to buy 2 sets of plates, 1 cooler, etc you are good to go.

4. Register your business

Registration of your food business under relevant bodies such as Cooperate Affairs Commission (CAC) or other bodies that could help enhance your business growth is very sensible. You can easily get your brand name and be able to market your business online because you are under legalized authority.

5. Get a good location

Spotting a good location to start your business is vital. You need to be in an open area that has a high population. In other words, closeness to the market should also be considered to get easy access to raw materials needed for your production.

Don’t spot your food canteen in an idle area or a dead-end street where you cannot be easily seen or noticed by people…not advisable.

5. Employ people

As your business continues to grow you need people to assist you to grow your business. Starting a food business in Nigeria like l said earlier comes with a lot of challenges and can be very stressful. As demand begins to increase on daily basis you need more hands to meet the supply.

7. Create awareness

Creating public awareness by printing fliers, billboards, and many others can make your business grow very fast. You can also embrace an online marketing strategy by doing a live broadcast, and telling people about your food.

8. Packaging and branding

Applying this technique to your food business is the best way to sell your product. Packaging or branding your food with stickers or disposable plates exposes you to the world.

In conclusion, if you can press the button you will see the door opening towards your success in the food business in Nigeria. You just need to stick to the rule and l bet you the sky is always the limit.

 

 

 

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