Supermarket business plan in nigerian

Tweet 2 Shares If you have a knack for retailing various products, then you should consider starting your own supermarket business. It has been proven over and over again that supermarkets; groceries store or convenience store as it is popularly called in some countries is one of the businesses that can easily survive in any part of the world as long as it is situated in place where people live and work. No doubt starting any business is not as easy as it sounds. Starting a business requires deliberate planning, capital and business skills.

Supermarket business plan in nigerian

Share 10 Shares The supermarket is a place you should be able to get all your essentials and non-essentials alike. In good supermarkets, you can get anything, electronic gadgets, food items, toiletries and even fresh fruits and clothes, you can get all of them in a supermarket.

But the major stock in a supermarket is the grocery, they contribute to more than half of all the supplies in any supermarket business. It is essentially a shop but a major feature about supermarkets is that you go around stalls and shelves to shop for items.

It is effective for avid shoppers and brings a lot of money to the owner because with plenty of items on display, people see items that appeal to them and they just grab them and add to their shopping basket.

If you are aiming to start your own supermarket business, this article explains all the detailed requirements, the startup cost, the profit margin, as well as every other things you need to put into place to get started. Where To Locate Supermarkets Supermarkets are best located in urban supermarket business plan in nigerian and suburban towns.

Like tissue papers for example, the city dweller buys a toilet paper for the restroom, a tissue box for the sitting room and a toilet roll for the kitchen, so the supermarket performs better in a city lifestyle setting or suburbs.

Cost of Renting a Shop in Lagos Supermarkets do well in shopping malls, and filling stations because these are places with high human traffic. You can also locate a supermarket in line with other shops, like you have your corner stores. Setting Up The Supermarket Warehouse A warehouse is where you store your products before they are being sent to the shelves.

They are usually located not far from the actual supermarket or even adjacent to it. Goods that smell should not be put close to ones that do not, like detergent and foodstuff for example. The place should not be damp or contain a leak both roof and rat holes as many goods could be damaged that way.

And, a great security should be in place. Arranging Your Shelves Arrange goods in shelves in such a way that it will be easy for customers to navigate and find what they want. You should start by creating categories for your goods, then place each item where it belongs. Naming your shelves is a priceless idea, it will help people navigate even more easily.

You can achieve that by placing the names directly on the shelf some shelves come with available spots for name tags or you can erect sign boards that point to product categories, usually large supermarkets employ the use of the type that hangs from the ceiling.

Another important tip when arranging goods is to separate male products from female products, it will make things a lot easier for customers but that is not why you did that, female customers tend to buy on impulse and once they have all they need in front of them it is going to be a shopping spree which means more cash into your register.

Electricity And Lighting Since a supermarket is built under a roof it gets really dark when there is a power outage, you have to have a generator set that will supply enough to power the lights and POS machines more on that laterand to power refrigerators.

Lighting is very important, fix as many light bulbs as is possible in the shop. Products Retail is your primary concern when running a supermarket.

supermarket business plan in nigerian

To maximize profits supermarkets usually discourage wholesale of goods except on exclusive items sometimes.

Also take note the owner of a supermarket is not a reseller, there is a huge difference, a reseller usually sells one product en masse like a T-shirt reseller but in the supermarket business, you aim for everything and what really matters to you is supply and re-supply continuously of everything under the sun.

The major product categories found in supermarkets are listed below; Groceries Wear accessories such as sunglasses and watches Notebooks and stationary.This business plan is incomplete. To get the complete sample supermarket business plan in Nigeria PDF today, pay N10, BANK NAME: FIRST BANK PLC.

ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM. ACCOUNT NUMBER: After payment, send your full name, email address and title (i.e. supermarket business plan in Nigeria pdf and doc.) to Business hours: 12 hours daily.

Supermarket business is one of the most profitable venture in Nigeria this time. The daily products sold in supermarkets are the everyday needs for everyone.

Follow these guide to start your own supermarket business today and watch as the profits overflows. Supermarket Business: Starting a Supermarket Business in Nigeria Irregular power supply: In Nigeria, one of the major challengeis the issue of erratic power supply. Although, a good generator can be used as an alternative to this.

Supermarket business is very promising here in Nigeria. With a good and detailed business plan, location and finance, you’ll be able to make approximately millions of naira every week. This business is huge.

supermarket business plan in nigerian

However, before you continue reading, you need to have a good business plan to guide you in setting up the business. Moreover, there is a need for you to know about the advantages and challenges of operating a provision store or supermarket in Nigeria.

This business plan is incomplete. To get the complete sample supermarket business plan in Nigeria PDF today, pay N10, BANK NAME: FIRST BANK PLC.

ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM. ACCOUNT NUMBER: After payment, send your full name, email address and title (i.e. supermarket business plan in Nigeria .

Starting a Supermarket - Sample Business Plan Template | ProfitableVenture