STARTING A NOODLES AND EGG SALE BUSINESS IN NIGERIA
The food industry is a really big industry especially when you look at the difference options offered by the sector to entrepreneurs or individuals looking to start a business. Starting up a restaurant, or a food delivery service, online or offline, and also food distribution are some of the popular ones that are well available in the country. Food sale is particularly one of the major aspects too and is really lucrative as individuals can almost put out any kind of food and get customers and make sale. One of such food products that does have a really good demand and is really popular is the noodles and egg combo that is quite popular in some parts of the country today.
The noodles and egg sale business simply involves getting a place where noodles and egg can be prepared and then sold to customers who are willing to buy. It is something of a mini restaurant but with noodles solely being the main products to be sold there. You’ll definitely need to get a shop for this and it is there that the food will be prepared and also served to customers. The business is really popular in the country and also with a really good demand for the product. It can be started by anyone and it’s not even a very difficult business to start especially when you know what to do and the capital is also available.
Though the main method of operating the business involves setting up a place and expecting customers to come over and get what they want, there is also an option of taking orders online from customers and having the food delivered to them. This can be done together with the normal shop business or it can be done after a while of starting and you’re probably thinking of expanding after a while in the business. Regardless of whichever way the business is operated, you’re still sure to make your money and taking orders online will only serve as an extra way of getting more income from the business.
The demand is usually one of the reasons why a business will prove to be a good option for entrepreneurs who want to start a business. The business, like I’ve mentioned a number of times, is quite popular in the country and even the business is one of the most patronized in the country. Restaurants, normally, are well patronized and it’s also quite the same for this business too. Some of these places also add some other things to their menu which only ends us enticing even more customers to the business. Such nice demand for a product means it will be almost easy to get customers who want what you sell which in turn results in a high income or profit for business owners.
Another thing is that the business is not really difficult to start though you must be able to prepare the meal very well for your customers. It’s particularly the main aspect of the business as even without it, the business cannot start except you get someone to who will be in charge of preparing it. That is, of course, an option and something individuals can look at if they either don’t know how to cook it or they prefer to stay on the sidelines. Noodles is actually one of the quickest and easiest food to prepare and it’s something most people know how to do. If you don’t know how to prepare it, not to worry, it’s something that you can learn and it’s even very easy to prepare so you won’t take long learning it and asides that, you will be able to do it well after a number of tries.
Starting the business is pretty much fairly easy to do. You don’t really require too much to start the business. You’ll definitely need a location for the business and that is what will definitely take a huge chunk of the budget. Other costs will mainly involve getting the noodles and eggs for the business. From that end, it’s almost very easy and not extremely stressful to run. Either you’ll be running the business or employing someone who will do it for you, there won’t be a problem in making your money and getting your gain from the business. Like I’ve stated, no special skills or training is needed to run the business, even preparing the noodles is not such a big deal and is pretty easy to do and even if you want to learn it, it’s not difficult to do.
In the next sub heads, I’ll be discussing the steps involved in starting a noodles and egg business in Nigeria and some of the things that might prove useful during the course of the business to ensure that you’re able to get customers for the business, make your money and also be successful at what you do.
No matter what you’ve heard someone saying about a business and how well success is assured or how lucrative it would turn out, always try to do your own research. The research will not cost anything except your time and that time will prove to be well spent when the business starts and the successes starts coming in. It is important to do a thorough investigation about the business since you’re going to be investing your money into it and you’ve never been involved in the business. Some hours of research won’t hurt.
The research is always meant to give you an idea of what to expect and the challenges ahead to be faced. It teaches future entrepreneur how the business works and what success means. It shows the risks involved and the ways to tackle them. It also gives ideas on how to sustain the business and work towards more success. Imagine missing out on any of the mentioned points, it’s more like being less equipped about something especially something you plan to spend money on.
There are experts in the business, of course, so also look to advise from these individuals as they are most likely the best bet for reliable information on the business. Take note of even the smallest things during the research period and pay close attention to how to stay and survive in the business. The research is as important as anything in the business.
2. WRITE A BUSINESS PLAN
A business plan needs no introduction. It is equally as important as some of the other processes or things involved in the business. After a comprehensive and thorough research has been conducted, entrepreneurs must now put all their ideas into paper after, of course, deciding to start the business. The business plan will cover things like the way you plan to operate, the cost of several things, how you plan to market your business, future projections and also contingency plans.
The business plan serves a number of purposes. In cases where individuals might need to get investors or even get a loan, it will prove useful as it will contain all that needs to be known concerning the business. It is also going to serve as a point of reference for the proposed business.
3. CAPITAL AND LOCATION
The need for capital cannot be overemphasized as it is really a very important factor to be considered in starting a business. There are different ways to get capital and it can either be from personal savings, loan from friends or a loan from the bank. For this business, capital is not really huge as you’ll not need to get many things. A location is pretty important as it is where you’ll be receiving customers for the business. You can get a small place or a place where you can comfortably run the business without issues. Ensure the place is nice and also not close to competitors.
4. GETTING THE INGREDIENTS
At this point, the noodles, egg, take away packs and other things needed for the business can be gotten. It’s the other thing that will take a part of the capital. You can visit the market and get suppliers for the different things you need. You can have more than one supplier so you can also have options when something goes wrong with one of your suppliers.
5. MARKETING AND SALE
Word of mouth and referrals are actually very effective methods of advertising the business. Tell people about your business and encourage your customers to inform other people too. Banners or posters can also be used for advertising. If you’ll be having an option to take orders then you can use social media too for advertising.