The most important thing anyone going into the supermarket business should consider is LOCATION. It is not about just setting up a supermarket anywhere, you have to consider certain things in regards to the proposed Location of site like How densely populated the area is, is the road to my supermarket good and accessible? What kind of people are in the surrounding area, are they civil servants, company workers or business owners? Is there a bus-stop nearby? All these things are key factors to consider before deciding where to set up that supermarket.

Next Step is Drawing Up the Business Plan.

Anyone can start up a small business and with luck or skill get it going strong. However if you are going to invest heavily in the business or is looking to really make this business grounded, proper planning is required and that means drawing up a business plan which will give proper analysis and insight.

Another reason why you need to settle down get and study our Supermarket business plan and feasibility studies is that starting and running a supermarket is heavily capital intensive. A huge capital is needed to start, run and maintain a supermarket hence it is not something you should do callously

The business plan PDF file contains the following, the Executive Summary (full introductory analysis summarized here), Setting up your Supermarket properly , (full details in business plan pdf), The Detailed financial analysis which includes running cost and profit margin (full details in business plan pdf), Detailed instructions on how run and maintain this business including staffing and all (full details in business plan) Marketing strategy (full details in business plan pdf), Competition analysis (full details in business plan pdf) etc.

With proper planning and good management, a N5 million (can be higher or lower) investment in a supermarket could easily result in N25 million of pure profit within six months.
Read More On Supermarket Business Plan

get our Supermarket Business Plan in Nigeria
https://businessplanhub.com.ng/2020-supermarket-business-plan-in-nigeria-pdf/