We welcome everyone to the blog of @wealthfoundaton, this is where we reveal businesses that will help you all grow amd develop when you invest in.
Today we want to talk about another business that can be mind blowing in nigeria. This time I want to introduce you to food business.
Food is very important to human being so no matter what, people must eat so food will always be of high demand expesially when it is made well. Venturing into food business require some strategies which will help you a lot and first of all you need to know your market audience.
BEFORE VENTURING INTO FOOD BUSINESS ASK YOURSELF THIS
- Who are your target
- The quality of your food
- where should it be located
1. TARGET
Knowing your target helps you to know or decide the tribes you want to cook for, if you decide to sell Amala, ewedu, rice and other stuff, it's basically a Yoruba stuff. And if you decide to cook fufu, eba, eguwsi and other stuff it's strictly Igbo... But your target should be people who will pay more for your services.
2. QUALITY OF YOUR FOOD
Your food should be of high quality so to attract classy people, in your soup one should be able to see some stock fish and other stuffs and more of have good taste. You can buy live Rams or goats and kill them by yourself this will save cost and also portray you as a very serious person in business.
3. BUSINESS LOCATION
The location of your business matters a lot and determines who best you can make sales. Selling cooked food in a residential areas can only attract low sales as only the lazy people or bachelor's will constantly buy your food cos majority of married people will not buy.
The best place to place your market is obviously in a very busy and commercial environment expesially in the office centres. Cos be you married and unmarried and what have you will buy because they can't make food there in their office.
Your shop should be very comfortable for customers, it doesn't need to be big or very big for a start, you should place everything that should make a customer comfortable, like television and and divider for their comfort and a fan and most of all the places should be kept very neat.
THE PART 2 COMING SOON, REMEMBER YOU CAN ASK YOUR QUESTIONS ON THE COMMENT SECTION.
PEACE TO YOU ALL