Supplying of eggs to Nigerian shops is one of the lucrative businesses you can enroll in Nigerian today to start to make money for yourself. If you are a Nigerian reading this post; you probably know the rate of unemployment Nigeria.
Graduates of these days don’t solely depend on employment by the government, because it is not a guarantee to get a job from Nigerian government after school. If you do, it will turn out as if you’ve never been to school. So that is why I’m sharing with you this egg supply business idea today.
As promised in the about page and the inception of bisthoughts, anything that will fetch you money when praticalized will be published on this blog. That it why I have decided to share with you today how to start supplying eggs to shops in Nigeria and make money doing it.
If you are still in search of a good job, probably a job that you will be wearing your corporate dress to every day; I will like you to consider practicing this business idea; as it may take you a while to find that your desire job. Why I say you should practice this business idea is that, it is very lucrative. If you follow the steps I’m going to outline here, you will thank me later for sharing such useful information with you.
Before I set you on the track to starting egg distribution business in Nigeria; do you know the health benefit of egg? Briefly, eggs are high in cholesterol, which helps in the rapid growth of children. If I should tell you the benefit of egg in detail; we will seem to deviate from the topic of today. Read the importance and benefits of egg in details. Considering the health benefits of egg, I want to tell you that the demand is very high, so there is no doubt if you will really make money distributing eggs to Nigerian shops. Now the big question is
How do i get started with the egg supply business in Nigeria?
Before you think of getting started in the business, there are a couple of things you need to consider before you get into it. You need some materials to ensure you deliver the eggs to the intended shops safely without any damage. I hope you know that if you joke with egg, you will end up breaking it? Yes. In this section, I will be sharing with you the requirements to get started in the business.
Have your own supply vehicle
Having your own supply vehicle will help in the delivery of your egg promptly to your intended shops. When I say you need your own supply vehicle, it does not mean that you can’t rent a vehicle for your supply, but I bet you may not want to compromise with your delivery schedule, because of rented vehicle disappointments. What I mean is that, if you have your own personal vehicle, you will not encounter unnecessary disappointments.
Locate Your Market
It is not enough to pick up eggs from the poultry farm. The most important part is that you must locate your target market to be able to make supplies as fast as possible. Your target market may be super markets, big markets and other shops. Once you locate a shop that needs your products, you will always be going there directly to make your supply. When you locate your target market and start distributing to them, you will relieve them the stress of going out looking for eggs to buy in wholesaler.
Networking and faithfulness
As explained in the just concluded point. Once you find your target market, you will be going there directly to make your supply. The supply may be daily or weekly depending on your customer. That is why I say you must network. Networking here means connecting with people you supply your products to. So you must network with them so that they can connect with you anytime they need your product. As a business man or woman, your phone line(s) must always be available, you never can tell when they may need your product urgently.
Also, as a business person with the mindset of achieving success in your chosen field of business you must be faithful. People will recommend you to others to do business with you when you are faithful to them. After all, I can’t recommend a dubious person to you for business.
Poultry farms (Pick Up Farms)
You must also locate your poultry farms (pick up farms). You may decide to choose 2 to 3 poultry farms depending on your audience (people you supply to). In some poultry farms; you may need to register to start picking eggs. Though the requirements may vary per poultry farm. So you may need to inquire from your intending poultry farm. Remember sharing that with us in the comment section.
Necessary tools in the business
For the safety storage of your eggs, you need crates to store them. Crates are of types, plastic and paper crates; the choice is up to you to make. 100 pieces of plastic crates goes for 10,000 and 5,000 for the paper crates. You can choose either of the two and buy. The number of crates you need in total to run your business now all depends on you.
Note: paper crate are less expensive, yet, it is more protective to your eggs as compared to the plastic crate. Also, the paper crates will less the cracks you may have in your eggs while transferring them. The only advantage that the plastic crate has over the paper creates is that it last longer, but the paper crates protects your eggs from cracks.
Egg Supply Business Start-up Capital
The start-up capital you need to get started in this business depends on how big you want it. If you have a vehicle already, fine, the only thing needed is to pick the eggs from the pick-up farm(s). If you do not have a vehicle already, you can purchase a good used car for this purpose. A crate of egg will cost between ₦600 and ₦700, though the price may vary depending on the size of the eggs and the pick up farm. I would recommend you start with a minimum of ₦100, 000 (one hundred thousand).
Let’s assume you want to start with 120 crates of eggs, if you are picking up you eggs from the farm at the rate of ₦700,00; that is to say, out of your ₦100, 000 (one hundred thousand) start-up capital; ₦84, 000 will go for the eggs while a balance of ₦6, 000 will be left with you. That can be used to fuel your vehicle for the supply of the eggs.
The business idea I’m sharing with you today is one of the self-employed businesses. What do I mean by that? What I mean is, you are the one to decide how much you want to make in your business, since you are your own boss. You should have a gain of ₦100 per crate of egg if as a wholesaler, but you can gain up to ₦300 as a retailer.
If at the end of each week you end up distributing 100 crates of eggs, thats equal ₦100 profit multiplied buy 100 crates of egg supplied and that is ₦10, 000 for you in that week. If you multiply the ₦10, 000 by 4 which is the 4 weeks we have in a month; that is ₦40, 000 in one month. So the more supply you make means the more your profit. If you set to yourself a target of distributing 2000 crates of eggs in a week I hope you know how much you will make? That’s a whooping ₦800, 000, 00 (eight hundred thousand) in one month; you can work out the mathematics yourself.
That was all about the egg distribution (supply) business in Nigeria. Do not take this business idea to be too silly. Egg distribution business is a money-spinning business if well managed.
If you have any question to ask regarding this article please do not hesitate to use the comment section to ask. Also, if you have any contribution to make, probably you are already into egg distribution business in Nigeria; please also share your experience(s) with us using the comment section.
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