Food business is a business that can never go extinct.About 7 billion living on the planet earth depend on food for their daily sustenance and survival.

Everybody eats on a daily basis,you can only survive for a limited time if you did not eat.
Its also for our well being.This is why billions of dollars are made by the businesses involve in this sector.

Demand for food will always be on the rise no matter the economic situation in the country

With over 150 million Nigerians consuming everyday and expected to double by 2030,then its a smart decision to get involved as soon as possible.
No wonder companies in this sector keep declaring huge profit year in year out

You need to acquire skills and knowledge that will guarantee consistent growth and profitabilty

Patience is key.There is nothing like overnight success.Daily hard work with persistence will get you to the ultimate mark and beyond.
Olam&Olam Farms,McDonald,Shoprite,Nigeria flour Mills,all have humbe beginning stories to share

To be continue

Agribusiness along the value chain from primary production of food crops to processing to retail segment is highly lucrative but you need to get position yourself in a way that will guaranteed success.
Everybody must chop irrespective of the amount of cash in their pocket.
Man must wak
How do you position yourself?
First,know your financial capacity
Each value chain has different level of financial involvement to be profitable.
Do you have cash to start up in producing raw foods (food crops) or small chops (with your branded business),or food retailing (will require substantial amount) or food processing (adding value to the food crops) etc

Secondly,do you have appropriate knowledge for that.Do you have experience mentors already in the business?
......To be continued

following

IMPORTANT THINGS TO KNOW ABOUT THIS BUSINESS

We consume a lot from the foods in raw form to partially processed and processed foods in this country everyday,
either breakfast,brunch,lunch or dinner.
In this industry,many supply chains are to be engaged to get them to your table from the raw form.
From the farm,to the processing factories,to the retailers and to your table for consumption.
The value chains are long making it the easiest and most lucrative for entrepreneur to make money in any of the food chain.
Businesses involved in all the value chain makes more money because they serve hundred of millions of consumers thereby making huge profit in the process.
How do you get started?
Where do you get started?
See you in the next post

borntosuccess:
following

Thanks for following

Knowledge is very key in this kind of business.
How does each player interplay with each other,who produce what,where does their products/services move to,how do they distribute
All of these information are very important.
If you want to bake cake,you have to source for all of your materials,flour,sugar,milk,egg etc,mix them together and then bake before getting your final product ready for the market. And if you don't source for the right material,then your product will fail in the market.

Exactly the same way things works here.
Good morning

This is one of my newly written post on my Facebook page
Click the link to enjoy
Investing in Agriculture: Start small,Grow big.Fact or fiction?
https://m.facebook.com/story.php?story_fbid=889537034542655&substory_index=0&id=165808513582181&__tn__=%2As%2As-R

The world is reducing its unhealthy dependence on oil and shifting towards agriculture. Research has shown that in 20years time, individuals who invest in food production and its allied products will rank amongst the richest people on the planet. This just goes to highlight its importance

shugarush92:
The world is reducing its unhealthy dependence on oil and shifting towards agriculture. Research has shown that in 20years time, individuals who invest in food production and its allied products will rank amongst the richest people on the planet. This just goes to highlight its importance

Right on point