Small Chops Business Plan in Nigeria
Do you know you can become a millionaire from selling small chops? This is not a way to cajole you into the business, it is the blatant truth. Many people underestimate this business because it has to do with selling things like buns, puff-puff, and other fried snacks.
Also Read: Snacks Production Business Plan in Nigeria
If you love to make small chops and you are in need of a business, you need to stop your search. You already have a money spinner in your hands. The beauty of this business is that you can make money in almost any part of the country you are located.
Though there is a lot of competition, there is also a lot of opportunity in this business. We will look into how to start your own small chops business in Nigeria and also provide you with a sample small chops business plan in Nigeria.
What is small chops?
It is important that we define small chops before we continue this discussion. Many people confuse small chops for pastries. They are totally different from each other. It is very possible to be good at one and suck at making the other.
Small chops are also known as finger foods. Here is a list of the common small chops we have in Nigeria:
- Asun (smoked spicy goat meat)
- Banana Puff Puff
- Gizdodo/Dodo Gizzards (Plantain & Gizzards)
- Meat stuffed yam (potato) balls
- Mini Cakes
- Mini Grilled chicken
- Mini Puff Puff
- Mini Sausage Rolls
- Nigerian Battered Plantain (Dodo Ikire)
- Nigerian Mini Donuts
- Peppered Ponmo (Cow leather)
- Peppered snails
- Spring rolls, etc.
How lucrative is the small chops business in Nigeria?
This is a very important question that you need to ask before diving into the waters of this business. You shouldn’t go into any business without answering this question. In Nigeria, you can make a lot of money in the small chops business.
To answer this question, you need to find out who needs your services first of all. So who needs small chops in Nigeria?
- Weddings (traditional and white)
- House warming
- Business meetings, to mention a few.
As you will expect, the more guests you are catering to, the more money you will be making. Imagine you are catering to a thousand guests and you charge #400 for each plate. That is already #400,000 for one event. By the time you take out your running cost, you should still have about #300,000 left.
If you have to run these gigs thrice a month, can you guess how much you’d be making? This is just a picture of how lucrative this sector is. Many people make far more than this monthly from the small chops business. This money doesn’t come immediately you begin this business, it comes as a result of hard work and strategizing.
Equipment you need to start your small chops business in Nigeria
Before we mention the equipment you need to start your small chops business, note that you don’t need all of them at once. You can begin small and then work your way up the ladder. Here is a basic list of equipment you need:
- Big frying pans
- Egg mixer
- Flat wooden spatula
- Measuring cups
- Steel dish
- Turning stick (omorogun)
While many people argue that you should get a shop, it isn’t so advisable. A shop is an extra cost which will cause you some extra headaches. Instead of this, you should channel that money into running the business. The best idea is to run the business from your home or compound.
This business is a delivery-based business. Push more funds into getting equipment and publicizing your business. Let’s take a look at how you can start your small chops business in Nigeria.
Things to Consider When Starting a Small Chops Business
Here are a few tips to help you start your small chops business to ensure that you enjoy success.
Learn the ropes
This business requires some level of expertise. You cannot begin if you don’t know how to make the small chops. Every person operating in this business today, learned the ropes before they started.
You can learn from another person who is an expert in the business. Another way to brush up your skills is by watching tutorials on YouTube. You can also download or purchase recipe materials and use them to practice.
It takes a lot of practice to get better with making your small chops. Beyond learning to make small chops, learn how to package your products and market them efficiently. It is also important to learn how to serve your products at events.
Purchase your equipment
After learning the trade, the next line of action is investing in your equipment. Like we said earlier, you don’t have to buy all the equipment at once. You can buy a few you need at first and buy others as time goes by.
Some people may recommend that you rent equipment but this isn’t so good for your business in the long run. Try to raise about #50,000 and use this to get your equipment. Develop a savings plan to help you make the most of your profits as you grow in the business. From your savings, you can purchase more sophisticated equipment.
Advertise your business
This is where the major work is. If you have everything else in place and you are not able to market your business, it won’t grow. You can make use of two major forms of marketing, online and offline marketing. We advise that you employ both marketing strategies.
Make use of social media, especially Instagram and Facebook to market your services. Post pictures and videos of your work to attract your target market. You can also run sponsored adverts to gain more followership.
For offline marketing, you can produce a few fliers and some catchy business cards to attract clients. You can also design customized t-shirts which you will wear at events. These unique steps can help you grow your client base very easily.
From your adverts, you are bound to attract a few clients at least. The way you treat these customers will determine how well they will speak about you. Word-of-mouth has proven to be one of the most powerful ways of growing brands.
For you to get such referrals, you have to treat your customers right. This means your customer service has to be top-notch. Provide complimentary services and discounts to customers and treat every impending issue with tact. This way, you can be sure they will come back and refer others to your business.
Register the business
We are mentioning this last because it is not completely necessary to register in the beginning. However, as your business begins to grow, it is important that you register the business. This helps to grow your reputation and makes customers perceive you as trustworthy. By the way, a registered business will find it easier to get loans or investors when the need arises.
The small chops business is not one tailored to suit women alone, men can also run this business. It is a matter of interest rather than gender. Putting your effort and time into this business will be very rewarding as we have shown above.
To get your Small Chops Business Plan in Nigeria and feasibility study. pay N10,000 to:
Bank Name: Guaranty Trust Bank (GTB)
Account Name: Chibuzor Tochi Onyemenam
Account Number: 0044056891
After payment, send your name, email address and “Small Chops Business Plan in Nigeria” to 07033378184
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