Investing In Food Supply Business

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Food supply business in Nigeria is one of the fastest growing venture with appreciable Returns On Investment (ROI). With food central to our living, Food supply business in Nigeria is one of the fastest growing venture with appreciable Returns On Investment (ROI).

Depending on your location, there must be a major market around, which you can go and negotiate for wholesale price. And based on your bargaining power, you may get it less than the usual amount, especially, if you are dealing directly with the wholesaler or may even go beyond the market to the producer. To this end, you will obtain the goods at a relatively cheaper price.This is central to business survival, therefore, the first emphasis should be finding a suitable location for the business.

She further discloses that, to start up a food supply business, you will need a sum of N300,000 to N500,000. After getting a location for sales, the money will be used to stock some bags of food stuff for distribution.Delay on the supply of any goods could result to your customers going elsewhere to make emergency purchase. If this happens repeatedly, you may lose your customer base.

 

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