Egg Supply Business Is A Secret Wealth Creation In Nigeria – Learn How To Start Yours Today:
Are you a Nigerian looking for something to do as business or you just graduated from the college and you are still waiting for that white collar jobs in Nigeria where you can knot tie and put on that corporate suit and jacket everyday? Well let me introduce you to a business that is fast yielding profit, not just a little one but profit that you can conveniently rely on. This business I am talking about is eggs supply business.
Eggs supply business is very lucrative and you can determine what you want your profit to look like. Before we analyze the potential profit of this business, let us know the advantages and uses of eggs to see the reason the business of eggs supply is booming.
Egg is high in cholesterol and this makes it a perfect diet for growing children. It can reduce risk of many diseases, it supplies quality protein to the body, it is rich in vitamin A and this helps healthy eyesight, it contains chlorine and this is used to build cell membranes which helps in producing molecules in the human brain.
The uses of eggs are numerous, we use eggs in baking different types of confectioneries like bread, cakes, meat-pie and so on. It is used as cosmetics like shampoo, conditioners, soaps, cholesterol, face mask and lots more. It is also used as glue, the sticky quality of egg white clean some certain surfaces like leather. To make it clear, the demand for eggs in the Nigerian market is so high right now and will continue to be so.
For you to make success in buying and selling eggs there are some tips to put into consideration and here are some of the tips you need for your eggs supply business.
Have Your Own Vehicle
Egg business is more profitable in Nigeria when you make it a mobile business. Purpose of this is to make you distribute your eggs conveniently to your customers. Most shop owners usually feel too comfortable once they are seated in their shops, and so they feel reluctant to go to the farms in order to pick eggs and also they consider the number of cracked eggs they will realize picking eggs directly from farm on their own. This is why being mobile is important in egg business.
Locate Your Target Market
Picking up eggs from farms is not a problem, your target market is what matters to you. Your target should be the highly populated environment. It could be markets any where, the mobility aspect makes you spread your distribution process all around. Once you know where and whom to distribute your eggs to, you will only need to go there directly.
To start buying and selling eggs, you must locate two or more farms depending on what capacity you want to work on, a poultry farm is where you can pick up eggs for sale. Before you can start picking eggs from farms, you must be a registered customer with the farm, and you must be consistent there, meaning you have to always pick up eggs weekly.
Other Working Tools
The basic tool needed for this business is empty crates, it could be paper crates or plastic crates. You can buy crates of 00 pieces at N10,000 or N5,000 if you choose to buy the paper crates , the total number you will need to run your business now depends on you. Note that the paper crates are more protective to your eggs, it reduces the number of cracks you will realize from transferring your eggs, and it is cheaper as well but damages more quickly than the plastic ones.
Cost of acquiring a used vehicle constitutes almost 90% of your capital needed in this business. Once you are mobile, the only cost you will need to run this business for a start is N80,000, with this amount you can buy 120 crates of eggs. A crate of egg can cost N650 or less from farm depending on the size you choose to buy, any balance left will be incurred on fueling your vehicle and other road expenses.
Potential Profit In Eggs Supply Business
In this business, you are your own boss and you will decide how much profit you want to make in a week. Depending on any size of egg you choose to buy, you will gain profit of N100 on a crate of egg if you sell as a whole seller but if you choose to sell as retailer you can have profit of N300 on a crate. If you restrict yourself to selling just 100 crates of eggs weekly, that means you will realize profit of N10,000 weekly and this is just N40, 000 monthly.
This is how you determine your profit. Setting a target to sell 1,000 crates of egg per week will mean you will realize 100 x 1,000 = N100,000 weekly, multiply this per month, that is a whooping sum of N400,000 profit monthly. If you deduct your monthly expenses from this amount am very sure you will still have a reasonable amount to save.
Buying and selling eggs might look odd to you but concentrate on how profitable it is and stop waiting for gainful employment in that oil and gas company that may not come until when your responsibilities are enormous. Keep yourself busy and be productive.
Feel free to leave a comment, and if you have any challenges, don’t hesitate to ask questions, locating a farm where you can pick up eggs can also be a challenge to you, ask us any question we will gladly respond to you.
Wish you all the best in your business career.
Egg supply business also known as egg distribution business involves the sourcing and supply of eggs to individuals, supermarkets, hotels, shops and companies. It is a very lucrative business that anyone can start to make massive profit. The business is not very capital intensive but very rewarding.
Without a doubt, poultry business is one of the most lucrative business to start anywhere in Nigeria and Africa. And raring of chickens is king of the kind. One thing that makes poultry business so lucrative is egg. Because of its nutritional value and demand, supplying and distributions of eggs is a lucrative business with manifold profits in Nigeria and beyond. Anywhere in the world.
Why egg supply business is very lucrative
The population of egg consumers is very large and wide in variety, ranging from everyday people to companies, hotels and many other establishments of which restaurants and events are part of it.
Eggs are not just needed for eating alone. Eggs are also used in most baked snacks during manufacturing processes
To cap it all up, Egg is the number one source of protein for human. There have been many research where scientists have concluded that consumption of egg plays a big part in human health.
The egg supply market is worth billions of Naira in Nigeria. And everyone who ventures into it has a good opportunity to tap into these billions. As a result of this, we can say venturing into egg production and distribution business is a great move to make.
What is egg supply business all about?
It is about sharing of eggs produced from poultry to the buyers daily, sometimes weekly, monthly depending on the need of the buyers. The supply of eggs will depend on demand. In most cases, customers usually order for eggs in hundreds, some thousands but it majorly depends on the financial capacity of the customers. However, it is important we discuss on the opportunity available in egg distribution business.
The opportunities in the egg distribution business
1. Common Supplies
Eggs are known to be supplied to shops or supermarket, restaurants, bakeries and cosmetics industries on a daily basis, weekly or perhaps monthly in wholesale. With this, the business owner is given the opportunity to make immense income on a daily basis, weekly, and monthly. Almost everyone eats egg. In fact, scientists recommend eating at least one egg a day
2. Industrial supply
Eggs are utilized in some companies for the purpose of industrial productions such as glue and some other products. In lieu to this, these industries need a constant supply of eggs for them to sustain their legacy and activities. Therefore, they order for large egg supplies, of which you can write proposals to them after setting up your poultry for egg production.
Some cosmetics establishments also utilize the efficiency of egg to make their various skin products.
In the fitness center, they do encourage their clients to take in a lot of eggs so that it can help them to boost their protein intake and by doing that, they can get to build their bodies and gain considerable muscle mass. You could reach out to gym centers out there and by doing so, you will get more clients for your egg supply business.
The advantages of egg supply business
- Easy to establish
- It does not cost a fortune to start
- You do not need any skills or qualification to enter the egg supply business
- It can bring daily and weekly non-stop income
How to start egg supply business
Follow these steps to start egg supply business:
- Locate a reliable poultry farm that produce eggs in large quantities
The first step is to locate a dependable poultry farm that can easily supply you large quantities of eggs anytime you need it. Make sure you locate a well-organized farm. You should be connected to more than one farm. Have at least two to avoid scarcity. Speak with them and have agreement on prices and all details necessary.
- Acquire a car
Transporting eggs from one place to another in large quantity require you have a car. It can be an old car but movable. You could also work out a rental agreement with someone with a car or bus whenever you have supply to make.
It is not advisable to use public transportation to move your eggs. Because eggs are very sensitive and could break when not handle with care.
- Set up a storage facility
You may need to set up an adequate storage facility for the eggs. Once you move them from the farm, a place you keep them for distribution. Where customers can come and pick up or sight see.
- Acquire tools
Once you have a place ready. You will need to acquire tools that will help you run your egg supply business. The most important tool are crates where you keep the egg. It is very important and essential. Without it the eggs might break and you lose.
- Identify and reach out to your target market
You will need to locate your target market where you are and each out to them. This is where your business will thrive. Depending on where you are, you should be looking at: Hotels, shops, schools, restaurants, industries that make use of egg, gyms and more.
Get to meet them, introduce yourself and tell them about your business