Tuesday, 9 January 2018

Cold Room Business In Nigeria: How To Start


There are a lot of business opportunities in Nigeria
that any hard working entrepreneur can snatch up and make money from,one of the lucrative business venture in Nigeria is cold room business. 

Cold room business is simply the act of preserving highly perishable items,and in most cases,the items are edible.
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Products like yoghurt, Ice Cream, Ice Block, Soya Milk,Frozen Fish or poultry products like chicken and turkey are some of the items that most people into cold room business deal on.  

This article contains quick information on how to start your own cold room business in Nigeria effortlessly. 

Cold Room Business In Nigeria: How To Start

Cold room business is simply the business of storing and selling pre-packaged and preserved food items in Nigeria.

To start a cold room in Nigeria you have to quickly follow the steps below:

Location

Consider renting or getting a shop in a very busy area,preferably any place close to a market or a busy residential area.

When getting a shop its advisable that you rent a well ventilated and spacious shop.

Business Scale / Survey 

I usually advocate that anyone who has plans of starting a business in Nigeria should start small so as to learn the ropes.

The intricacies and knowledge of any business comes with experience.

First of all you have to carry out a survey and determine if you want to start off this business on a small scale or on a large scale. 
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Small scale entails selling food items directly to your customers while with large scale you will be the one manufacturing and packaging the products before selling to wholesalers. 

Capital

Just like every other business venture,you will need money in other to effectively run your cold room business in Nigeria.

Most importantly you will need money to buy some equipments that is needed for the business.

Business Registration

This should only bother you if you plan on starting your cold room business on a large scale. 

You would probably be the manufacturer of some edible items so you will have to register your business with the proper food administration agency,here in Nigeria, NAFDAC is the agency in charge of that,simply access www.nafdac.com to learn more.

Small scale retailers do not need business registration or NAFDAC certifications.

Products / Source Of Supplies 

Its advisable that you make proper research and find out which products you need to sell in your location. 

You should find out the fastest selling product and also locate some trustworthy suppliers (For Small Scale) that you will make your purchases from before you resell. 
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However if your operating a large scale cold room business,consider manufacturing the product by yourself,for example if you plan to deal on chicken,or turkey meat,then you should set up a farm where you can raise livestocks birds like chicken and turkey,then you can process and package the goods by yourself before selling,this way,you can be able to make more profit.

Cold Room

Depending on the level you are operating your business,like I said earlier,you will need a cold room if your running a large scale cold room business. 

Check Out: Cement Business In Nigeria,How To Start 

Importation or buying of already-made cold room might be too expensive,consider hiring someone to construct a cold room for you at a cheaper price. 

Electricity

When it comes to cold room business,you should not joke with electricity at all,else all your goods will perish. 

It is imperative that you provide a standby generator for your business and if possible buy two generators in case one breaks down suddenly. 

Employees 

You should consider employing some trained personnels and staff that will assist you in your cold room business. 
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The truth is that you may not be able to handle all the stress involved in this business especially if your operating it on a large scale.

Business Equipments

You will definitely need some equipments in other to efficiently run your cold room business in Nigeria.

See: MTN Business Plan For Young Entrepreneurs 

If you want to start a small scale cold room business,the main equipments you need is one or two deep freezers,stabilizer and a generator,while those that want to start on a large scale will consider buying or constructing a cold room and also a cooling van for transportation of perishable goods. 

In general some of the equipments you will need for your cold room business include:


  • Cold Room (Large Scale)
  • Refigerators (Small Scale)
  • 1 or 2 Generators 
  • Employees 
  • Cooling Van ( Large Scale) 
  • Farm Land (Large Scale)
  • Measuring Scales / Weighing Machines
  • Tables
  • Polythene Bags
  • Cartons
  • Bowls
  • Knives
  • Coolers Etc.

Advertise Your Business

If you want to make money faster from your cold room business then you should set out a budget for advertisement.

Some of the ways that you can advertise your cold room business include Television Broadcast, Print,Radio,Google Adwords,Online Etc

Cold room business is still very lucrative and can be started by anyone,if you have questions,suggestions or contributions,use the comment box! 

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