PROVISION STORE BUSINESS IN NIGERIA
Provision Store Business is one of the most common and relatively easier businesses to start up. It requires a lot of proper planning as well as a good amount of money to start.
A provision store business in Nigeria is very profitable owing to the fact that the population is increasing, therefore, the demand for provisions is always on the increase because homes, families will almost always stock up their houses with provisions. To this end, venturing into selling provisions will not be out of place because you will stand a chance of making good profits.
You should also understand how to provision store business work. Knowing that the business is in high competition and you’re not the only person that will be selling will be of great advantage to you and will help you put up certain vital structures before starting.
SEE RELATED POST>> How To Start a Supermarket Business In Nigeria (Grocery Store)
WHAT THEN IS A PROVISION SHOP?
Provision stores are the small provision shops where you buy beverages and other provision items in your neighborhood. They are extremely useful. So useful that life could be miserable in a neighborhood where there is none.
HOW TO START PROVISION STORE BUSINESS
See a few steps to step guides to starting a provision store business:
# CONDUCT MARKET SURVEY
Conduct a feasibility survey of the provision business. Learn the market you want to venture into by asking out a few questions, obtaining answers that will help you manage the business properly.
# GET A SHOP
Before you start a provision shop business, you would need a shop. Get a shop in any location where people are living.
It may necessarily not need to be a busy area so to say, but as long as people are residing there, you will always make sales. Just ensure to get a decent shop, furnish it up, and put your goods.
# INSTATE FLOOR TILES IF NEED BE
In a case where the floor of the shop is not tiled, you may need to install tiles. This is necessary to add beauty to the shop and prevent invasion of ants from making holes from the ground. People are most times attracted to the physical ambiance of a thing. So keep your shop attractive.
# PAINT YOUR SHOP
The painting should be considered as a vital factor before starting up a provision business after getting a shop. High-quality painting is necessary to beautify the shop and prevent insects from invading and spoiling your provisions.
# INSTALL SHELVES
You will need to construct and install shelves to help you display your provisions. They are of different types, some are made of wood, some of the aluminum and some of Iron and you have the choice to make depending on what looks out want to give your shop.
How many tables you want to install would be depending on the size of your shop and what you may want to use it for.
But, most certainly, you will need a cashier’s table.
In a provision shop, you would certainly need a refrigerator if not more than one. This will help keep your drinks and pure water cold and well stored as people like it when drinks are cold.
# STOCK UP GOODS
Before setting up a provision shop business, you have to make adequate plans for the provisions themselves. It is bad when every time a customer gets a “not-available” answer to his request of buying. This will send a wrong impression to them thereby making them lose interest in buying from you with the excuse that you don’t always have what they need.
SEE POST>> 5 Top Business Ideas In Nigeria For Students
So, you would need to stock up your shop with quality goods and ensure to always make them available for purchase.
# BE CUSTOMER FRIENDLY
You may need to learn the art of communicating with people effectively, condoning insults and negative reviews, criticisms, etc. because you would almost always encounter this in the course of selling to your customers.
Ensure to be friendly with your customers so you don’t lose them.
HOW DOES PROVISION BUSINESS WORK?
It is a daily business. You get to sell almost always. It works better when there’s the availability of goods and of manpower. When customers are much more than the people selling, it makes the delivery process slow because before one person sells to about 20 persons waiting to buy, they must have been tired of waiting and already complaining.
It creates an impression that your shop cannot deliver someone who is in a haste. However, to avoid losing customers in this regard, you have to make provisions for the employment of enough manpower to help sell effectively and on time.
- How To Start Shawarma Business In Nigeria
- How To Start Popcorn Business In Nigeria
- What Business Can I Start With N200k?
- What Business Can I Start With N50k?
- What Business Can I Start With N5k?
- What Can I Sell To Make Money In Nigeria?
- How To Make $5,172 (N3m) Monthly Selling Ad Space
- 10 Lucrative Business Ideas In Nigeria For Ladies
- 7 Unique Business Ideas In Nigeria For Students
Sharing Is Caring!