Post by Trade facilitator on May 1, 2020 22:08:39 GMT 1
Bread is widely consumed by most people if not all. It is one of the most popular staple foods available in most parts of the world, hence the demand for bread is high, and bread business is one of the most lucrative in Nigeria. This is because bread is one of the quickest and cheapest foods one can get his or her hands on when hungry.
Starting the Business
Interestingly, bread business in Nigeria is a good one and it is a profitable business if properly run. The demand for bread will always be on the rise and so will the need for more bakeries. Many have made it in the bread business while some others still struggle to find their feet. This is because the business is a saturated one and needs to be properly managed in order to yield profits. If you are looking to invest in a business, you may consider bread production.
Getting Started
How to Setup Bread Bakery
Here is a list of processes required in starting bread business.
Get Adequate training
To bake good bread that will sell fast in the market, you must get professional training in bakery and food processing. You can get trained by getting attached to an already certified bakery in order to gain practical experiences first hand. However, if you already have working experience with a bakery, it will be much easier setting up your own bakery as you have already obtained the essential skills while working.
The success of a bread business depends largely on how good your product is which also depends on how well you have learnt the art of bread making.
Have a Business Plan
A good business plan will serve as a guide as you do business. Your business plan should contain:
Market study: This requires studying the availability of market for your product in the location you have chosen. This study also helps you observe what the needs of the consumers are and how you can meet those needs.
Look out for competition: Your business plan will help you to check competition so that you can know the areas to improve on in making your bread stand out, and how to surmount market competition. Producing good quality bread will enhance the patronage of your business.
Finance
Capital needed includes money to establish your bakery, buy ingredients, buy baking pans and other essentials for the business. Once you have the required capital to invest in this business, you are well on your way to starting your own business.
Get a Strategic Location
Although, it is widely assumed that if your product is good, people will always come to you. However, it is important you locate your business in the city or busy towns where your customers can easily find you. Properties can be expensive in cities but the profit is always worth it. Ensure you select a location that will best suit your business.
Have Competitive Marketing strategies
Ensure you market your product well to make people aware of the business, do a lot of adverts too, advertising is the soul of any business. Remember you are not the only one in the business of bread making. You can advertise your product via print, on social media platforms, or by hand Bill's.
Engage Experts
When starting your bread production, ensure you engage the services of experts. This is so your factory can be properly planned and well suited to meet NAFDAC approval requirement.
Basic Bakery Equipment You Need To Acquire
1. Baking Oven
The industrial oven is better if you want to bake bread in commercial quantity. It makes work much easier and faster.
2. Flour Mixer
Mixers are also available according to how big your bakery is. You can find both the local mixers and standard electronic mixers.
3. Slicing Machine Baking Pans
You will need different sizes of baking pans.
4. Bread Wrapper
You need a reliable supplier for your branded bread wrapper
5. Generator
In the current Nigerian environment, you will need a standby generator. Electricity issues if not properly handled can be a stumbling block to your bread business.
6. Supply Vehicle
You will need a vehicle to help in the delivery of products to your customers. Ensure you also get reliable staff to work with you.
7. Get NAFDAC Approval for Your Bakery
Food business in Nigeria is regulated by NAFDAC. Hence, you must obtain the approval of this regulatory agency so you will not run into trouble with the law. Once all of these are in place, you can be sure your bakery will thrive.
Other Areas of Investment in Bread Business
Bread business does not only have to do with the actual baking of bread only. You can also sell bread baking ingredients such as flour, yeast, sugar, salts, preservatives, etc. As long as you are reliable and always have a supply of what is needed, in addition to good customer relations, your business will earn you a lot of profit.
Starting the Business
Interestingly, bread business in Nigeria is a good one and it is a profitable business if properly run. The demand for bread will always be on the rise and so will the need for more bakeries. Many have made it in the bread business while some others still struggle to find their feet. This is because the business is a saturated one and needs to be properly managed in order to yield profits. If you are looking to invest in a business, you may consider bread production.
Getting Started
How to Setup Bread Bakery
Here is a list of processes required in starting bread business.
Get Adequate training
To bake good bread that will sell fast in the market, you must get professional training in bakery and food processing. You can get trained by getting attached to an already certified bakery in order to gain practical experiences first hand. However, if you already have working experience with a bakery, it will be much easier setting up your own bakery as you have already obtained the essential skills while working.
The success of a bread business depends largely on how good your product is which also depends on how well you have learnt the art of bread making.
Have a Business Plan
A good business plan will serve as a guide as you do business. Your business plan should contain:
Market study: This requires studying the availability of market for your product in the location you have chosen. This study also helps you observe what the needs of the consumers are and how you can meet those needs.
Look out for competition: Your business plan will help you to check competition so that you can know the areas to improve on in making your bread stand out, and how to surmount market competition. Producing good quality bread will enhance the patronage of your business.
Finance
Capital needed includes money to establish your bakery, buy ingredients, buy baking pans and other essentials for the business. Once you have the required capital to invest in this business, you are well on your way to starting your own business.
Get a Strategic Location
Although, it is widely assumed that if your product is good, people will always come to you. However, it is important you locate your business in the city or busy towns where your customers can easily find you. Properties can be expensive in cities but the profit is always worth it. Ensure you select a location that will best suit your business.
Have Competitive Marketing strategies
Ensure you market your product well to make people aware of the business, do a lot of adverts too, advertising is the soul of any business. Remember you are not the only one in the business of bread making. You can advertise your product via print, on social media platforms, or by hand Bill's.
Engage Experts
When starting your bread production, ensure you engage the services of experts. This is so your factory can be properly planned and well suited to meet NAFDAC approval requirement.
Basic Bakery Equipment You Need To Acquire
1. Baking Oven
The industrial oven is better if you want to bake bread in commercial quantity. It makes work much easier and faster.
2. Flour Mixer
Mixers are also available according to how big your bakery is. You can find both the local mixers and standard electronic mixers.
3. Slicing Machine Baking Pans
You will need different sizes of baking pans.
4. Bread Wrapper
You need a reliable supplier for your branded bread wrapper
5. Generator
In the current Nigerian environment, you will need a standby generator. Electricity issues if not properly handled can be a stumbling block to your bread business.
6. Supply Vehicle
You will need a vehicle to help in the delivery of products to your customers. Ensure you also get reliable staff to work with you.
7. Get NAFDAC Approval for Your Bakery
Food business in Nigeria is regulated by NAFDAC. Hence, you must obtain the approval of this regulatory agency so you will not run into trouble with the law. Once all of these are in place, you can be sure your bakery will thrive.
Other Areas of Investment in Bread Business
Bread business does not only have to do with the actual baking of bread only. You can also sell bread baking ingredients such as flour, yeast, sugar, salts, preservatives, etc. As long as you are reliable and always have a supply of what is needed, in addition to good customer relations, your business will earn you a lot of profit.
