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I Just Opened My Own Bakery - Business (2) - Nairaland

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Re: I Just Opened My Own Bakery by Classworked(m): 12:24am On Dec 13, 2020
ChangedMan1999:


U go drop something.

How much do you want?
Re: I Just Opened My Own Bakery by ChangedMan1999(m): 12:33am On Dec 13, 2020
Classworked:

How much do you want?
Give me any reasonable amount
Re: I Just Opened My Own Bakery by Classworked(m): 12:37am On Dec 13, 2020
ChangedMan1999:


Give me any reasonable amount

Lol, you'll be my friend. Being my friend is worth it, trust me.
Re: I Just Opened My Own Bakery by ChangedMan1999(m): 12:43am On Dec 13, 2020
Classworked:

Lol, you'll be my friend. Being my friend is worth it, trust me.
Bro, if you have 5h send am to me make I do the thing sharp sharp

Re: I Just Opened My Own Bakery by solochris(m): 3:03am On Dec 13, 2020
sonnie10:
What type of oven do you use and what is the capacity. Everything being equal, would you have gone for a better one?

I use a locally fabricated gas oven for now capable of baking 25 loaves at a go. Hoping to get a bigger and better one as the business grows

12 Likes 1 Share

Re: I Just Opened My Own Bakery by GermanCarDealer(m): 5:09am On Dec 13, 2020
Can you train someone to be a backer too and help him in setting up a backery business in Lagos or Port Harcourt? Which part of Lagos are you? Congratulations!!!! More Blessings!!!!

2 Likes

Re: I Just Opened My Own Bakery by imoleoluwa15431: 6:01am On Dec 13, 2020
:LagosOK.Keep it up. If you have spare time read The Richest Man In Babylon; it will guide you on your business.

1 Like

Re: I Just Opened My Own Bakery by solochris(m): 7:02am On Dec 13, 2020
GermanCarDealer:
Can you train someone to be a backer too and help him in setting up a backery business in Lagos or Port Harcourt? Which part of Lagos are you? Congratulations!!!! More Blessings!!!!

I do consultations also. I can put you through from the beginning till everything is set. You can pm for more info

1 Like

Re: I Just Opened My Own Bakery by solochris(m): 7:03am On Dec 13, 2020
imoleoluwa15431:
:LagosOK.Keep it up. If you have spare time read The Richest Man In Babylon; it will guide you on your business.

Thank you
Re: I Just Opened My Own Bakery by ziziangel(m): 11:26am On Dec 13, 2020
This is awesome.
I love success stories.
Your years of WORK finally paved way for you
Congrats.

Also, try creating a website where prospective clients can make instant orders too

More wins.

5 Likes

Re: I Just Opened My Own Bakery by solochris(m): 12:37pm On Dec 13, 2020
ziziangel:
This is awesome.
I love success stories.
Your years of WORK finally paved way for you
Congrats.

Also, try creating a website where prospective clients can make instant orders too

More wins.

Thank you. I will work on it

1 Like

Re: I Just Opened My Own Bakery by Gloriouspa(m): 8:24pm On Dec 13, 2020
solochris:
All glory to God, I have been able to actualize my long time dream of owning a bakery. Having graduated from the University in 2009 with a degree in Food Science and Technology, worked with several food companies for about 8 yrs now, I now finally have my own bakery. I just want this thread to be for those in the business or those intending to go into bakery business. Come in let's share ideas together. Also feel free to ask me any questions, I'm available to respond to them all

Congratulations brother.

1. Did you register a company for it?
2. What's an average amount for a small startup.
3. Does one need NAFDAC registration to start?

Thanks

1 Like

Re: I Just Opened My Own Bakery by solochris(m): 8:53pm On Dec 13, 2020
Gloriouspa:


Congratulations brother.

1. Did you register a company for it?
2. What's an average amount for a small startup.
3. Does one need NAFDAC registration to start?

Thanks

I have started processing CAC.
I spent approximately #1.8M to setup, shop rent inclusive.
I will begin NAFDAC registration by next year. It's not compulsory u register with nafdac immediately though it's necessary. You can start up your business first, then begin NAFDAC processing

6 Likes 3 Shares

Re: I Just Opened My Own Bakery by Gloriouspa(m): 9:24pm On Dec 13, 2020
[quote author=solochris post=97036680]

I have started processing CAC.
I spent approximately #1.8M to setup, shop rent inclusive.
I will begin NAFDAC registration by next year. It's not compulsory u register with nafdac immediately though it's necessary. You can start up your business first, then begin NAFDAC processing[/quote


Thanks for the information. I really appreciate it.
Re: I Just Opened My Own Bakery by solochris(m): 9:39pm On Dec 13, 2020
[quote author=Gloriouspa post=97037533][/quote]

U are welcome
Re: I Just Opened My Own Bakery by solochris(m): 4:13pm On Dec 16, 2020
We are moving

4 Likes

Re: I Just Opened My Own Bakery by Chigorkizz(m): 5:23pm On Dec 16, 2020
Good luck,bro

1 Like

Re: I Just Opened My Own Bakery by solochris(m): 6:42pm On Dec 16, 2020
Chigorkizz:
Good luck,bro

Thanks man
Re: I Just Opened My Own Bakery by cybug: 7:38pm On Dec 16, 2020
Congratulations Brother,

Is this business that profitable?

1 Like

Re: I Just Opened My Own Bakery by solochris(m): 2:46pm On Dec 17, 2020
cybug:
Congratulations Brother,

Is this business that profitable?

It is. Also stressful. Everything depends on your modus operandi

5 Likes

Re: I Just Opened My Own Bakery by amerengues(m): 10:28pm On Dec 17, 2020
solochris:
All glory to God, I have been able to actualize my long time dream of owning a bakery. Having graduated from the University in 2009 with a degree in Food Science and Technology, worked with several food companies for about 8 yrs now, I now finally have my own bakery. I just want this thread to be for those in the business or those intending to go into bakery business. Come in let's share ideas together. Also feel free to ask me any questions, I'm available to respond to them all

I don’t know why this your post gladdens me. Congratulations! It is well.
I love when one tenaciously chase one’ dream.

Do you mind sharing the profitability of bakery business? Whats your view regarding going for Agege bread or slice bread?

I am particular about profitability. Thanks.
Re: I Just Opened My Own Bakery by zionaigbokhan: 5:38am On Dec 18, 2020
Classworked:


Congrats OP , your loaves look yummy.

Changedman1999 , summarize the book for people like me ...

Pay yourself first
Re: I Just Opened My Own Bakery by solochris(m): 10:49am On Dec 18, 2020
amerengues:


I don’t know why this your post gladdens me. Congratulations! It is well.
I love when one tenaciously chase one’ dream.

Do you mind sharing the profitability of bakery business? Whats your view regarding going for Agege bread or slice bread?

I am particular about profitability. Thanks.

Thanks for sharing in my joy.
Well I'm not into agege bread. I'm into premium bread, that's slice bread and other quality kinds of bread. As for the profit margin, it depends on lots of factors, like your recipe, staff strength, market value etc. On average, #100 per loaf, thats if you are producing and selling directly to the final consumers. Also remember your location can as well determine how much you sell your product. Lastly, bread business is all about numbers, ur turnover
Re: I Just Opened My Own Bakery by amerengues(m): 11:02am On Dec 18, 2020
solochris:


Thanks for sharing in my joy.
Well I'm not into agege bread. I'm into premium bread, that's slice bread and other quality kinds of bread. As for the profit margin, it depends on lots of factors, like your recipe, staff strength, market value etc. On average, #100 per loaf, thats if you are producing and selling directly to the final consumers. Also remember your location can as well determine how much you sell your product. Lastly, bread business is all about numbers, ur turnover

Thanks.
Re: I Just Opened My Own Bakery by achaemeka(m): 12:09pm On Dec 18, 2020
solochris:
All glory to God, I have been able to actualize my long time dream of owning a bakery. Having graduated from the University in 2009 with a degree in Food Science and Technology, worked with several food companies for about 8 yrs now, I now finally have my own bakery. I just want this thread to be for those in the business or those intending to go into bakery business. Come in let's share ideas together. Also feel free to ask me any questions, I'm available to respond to them all

Congrant Op,pls help me with 100k capital to start my business and be self employed.
Re: I Just Opened My Own Bakery by StarDiamonds: 12:40pm On Dec 18, 2020
shocked shocked
achaemeka:


Congrant Op,pls help me with 100k capital to start my business and be self employed.

2 Likes

Re: I Just Opened My Own Bakery by achaemeka(m): 12:46pm On Dec 18, 2020
StarDiamonds:
shocked shocked

Abeg you can help me,I will tell you how I will use the money.
Re: I Just Opened My Own Bakery by demanuel(m): 3:02pm On Dec 18, 2020
solochris:


Thanks for sharing in my joy.
Well I'm not into agege bread. I'm into premium bread, that's slice bread and other quality kinds of bread. As for the profit margin, it depends on lots of factors, like your recipe, staff strength, market value etc. On average, #100 per loaf, thats if you are producing and selling directly to the final consumers. Also remember your location can as well determine how much you sell your product. Lastly, bread business is all about numbers, ur turnover
Congratulations sir.
I hope you have processes in place to prevent or reduce to the barest minimum, any case of theft or pilfirage.
Re: I Just Opened My Own Bakery by solochris(m): 4:41pm On Dec 18, 2020
demanuel:

Congratulations sir.
I hope you have processes in place to prevent or reduce to the barest minimum, any case of theft or pilfirage.

Sure! Thanks for your concern
Re: I Just Opened My Own Bakery by Nobody: 8:06pm On Dec 18, 2020
Classworked:


Lol, yes of course . Please grin

I have time.

The book follows the teachings of a very wealthy man to his 3 poor friends whom he grew up with.

He teaches them, using very detailed storylines and prose:

1. That you must save a portion of what you earn to pay yourself first.

2. This savings will “start your purse to fattening”

3. That you must do all you can not to allow “your expenditure rise unnecessarily above your incomes”

4. That you must deliberately pay off all your debts.

The book also follows the story of several young men who, coming from the bottom, saved and invested their way to financial success.

Read it!

7 Likes 1 Share

Re: I Just Opened My Own Bakery by AustineJohn908(m): 9:32pm On Dec 18, 2020
Congratulations bro.

1 Like

Re: I Just Opened My Own Bakery by fastseo: 3:12am On Dec 25, 2020
Congratulations opp.

Can you please mention the equipment one needed and the price.

1 Like

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