How To Start A Catering Business From Home In Nigeria 2019/2020
- 1 How To Start A Catering Business From Home In Nigeria 2019/2020
- 1.1 What is Catering?
- 1.2 Where Do You Want To Specialize In?
- 1.3 Business Profitability
- 1.4 How To Start Catering Business in Nigeria
- 1.5 Tools/Equipment Needed
- 1.6 What Location Is Best?
- 1.7 Management and Staffing
- 1.8 Recommended Advertisement Strategies
- 1.9 Productivity/Sustainability Tips
- 1.10 Other Amazing Business You Can venture Into Today
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Catering Business in Nigeria: Why You Should Invest In It Today! Catering business as far as Nigeria is concerned is one of the fastest growing businesses in the country due to how lucrative the business is. The catering business is one business with a high profitability due to its market demand. Two instances should suffice. Nigerians are known for indulging in several large functions virtually every week.
Furthermore, some Nigerians are so busy that they do not even have time to cook, so they prefer their food delivered to their homes or offices. Before you can start a catering business in Nigeria, you must understand what it is all about first. Then, you’ll see how to add a difference to what is on the ground already to make yours stand out. That is what this article is about.
What is Catering?
Catering simply means everything that has to do with providing cooking or feeding services at strategic places. These places could be hotels, public houses, events, wedding ceremonies and parties or other locations. Catering service, being a professional service is usually based on a previously agreed contract. Also included in catering service is the provision of drinks and beverages to events.
Where Do You Want To Specialize In?
This is an important factor any caterer must decide even before writing a catering business plan. You will need to decide on whether you want to provide catering services exclusively to Homes, Specific Companies, Hotels, Schools, Restaurants, Fast foods, or you whether you want to serve everybody and market.
As a human, you wouldn’t like to do business without making a profit. Let me shock you a bit on how profitable catering business is in Nigeria. Imagine that you provide catering services to a big conglomerate like Mobil Producing Nigeria ULTD. or NNPC Staffs on a daily basis, you need not be told how much profit you can make on a weekly basis not even to mention monthly. When the cost of materials for food preparation is weighed alongside the profit generated, you stand at the advantaged position as the caterer.
How To Start Catering Business in Nigeria
For you to become a successful caterer, you need to follow the steps listed below;
1. Get Professional Catering Training
Before taking the initial step of starting a catering business, it is expedient you gain both technical skill as well as culinary and business skills. How to get this is by attending a catering/culinary school. From there you will obtain a certificate that will distinguish you from others who did not take such steps.
There you will be exposed to Sales skills, Persuasion and negotiation skills, Accounting skills, Marketing skills, People management skills, Self-confidence, Customer service, and neatness. Professional catering/culinary schools where you can acquire the training above in Nigeria include:
- Avery’s Cooking School located at Festac Town, Lagos
- Dof Institute located at 43 Oritshe Street, Ikeja, Lagos Nigeria
- HBS Hotel School located at 1b George Str / 74, Olowora road, Omole phase 2, Lagos
- Soundbite Nigeria Cookery School,
- Topkraft Culinary Academy located at Okubankole Mafe Avenue Laderin Estate, Abeokuta, Ogun Nigeria
- Zealous Hits Training Institute located at 152 Abeokuta Exp.Way, Araromi Bus Stop, Iyana-Ipaja, Lagos Nigeria
Some top Universities where you can study courses related to catering business in Nigeria include:
- Crawford University (CRAWFORD)The Federal University Of Agriculture, Makurdi (FUAM)
- Federal University of Technology Minna (FUTMINNA)
- Joseph Ayo Babalola University (JABU)
- kogi State University (KSU)
- Michael Okpara University of Agriculture (MOUA)
- Modibbo Adama University of Technology (MAUTECH)
- Nnamdi Azikiwe University (UNIZIK)
- Rivers State University of Science and Technology (RSUST)
- University of Agriculture, Abeokuta (UNAAB)
- University of Uyo (UNIUYO)
2. Do A Proper Feasibility Study/Research
For one to become successful in catering business you do not have to rely on your head knowledge, imagination, or professionalism alone. You need to do thorough research on what the market demand is.
It is there and then you will know what people really want, how much will it cost you to acquire all the necessary tools you need for this business, who your prospective clients are or would be, etc. These are things you must keep a priority before you start caterer business in Nigeria.
3. Now, Draft Your Business Plan
It is important to have a business plan, one that will serve as a blueprint and future guide for the business, the business ownership structure and the working team.
This will help in directing the affairs of the business, clearly stating the mission and vision as a well as the values the organization and her staff should abide by. A Business plan will provide a template which investors can look upon to see how profitable the business is and if it is worth investing in.
4. Budget and Finance Needed
We all know that having a business idea is simple but finance is always a setback for most people. The cost of starting a catering business depends on your proposed area of specialization. You can start a catering business with N300, 000 in Nigeria.
This should cover the cost of utensils, equipment, logistics, and materials. The possible means of getting finance to fund this business include a loan from Bank, loan from money lenders, grant from your state government, corporate affairs, and individuals, or assistance from your friends and family members, etc.
5. Business Registration and Censorship In Nigeria
After you must have gotten your startup capital ready, visit any of the Corporate Affairs Commission of Nigeria (CAC) offices nationwide to register your business with the government. You can get comprehensive information on this by taking a walk into any of the CAC offices nationwide or by visiting the CAC official website at http://new.cac.gov.ng/home/
Here is a list of things you need to buy and install in your kitchen:
- Chopping boards
- Food storage containers
- Pans spoons
- Cooling van
- Microwave Ovens
- Rolling Carts
- Tin foil
- Garbage bags for dirty linen
- Extra bus tubs for dirty dishes.
What Location Is Best?
To be successful in the catering business, the location of the business is very paramount. I recommend that you rent a place in an area that is densely populated. If you can get a space in an area where many companies are established, it will really be of a great advantage to you.
Management and Staffing
Here, it depends on the kind of catering you want to venture into, if it’s indoor cooking, then you do not need to employ people. But if you are going to a large scale, then you need to employ staffs.
It is clear that you cannot run the catering business alone, therefore you need to recruit tested and efficient hands to assist you because this sector is quite sensitive. You do not have to employ shady people or those with shady characters.
Recommended Advertisement Strategies
To make substantial progress in the catering business in Nigeria, you need to invest heavily in the advertisement of the business.
There are a plethora of advertisement strategies you can adopt. For example, you can market your product on the social media, do jingles on Radio and TV stations, give fliers and handbills, mount billboard adverts etc. You can go as far as giving people a discount on purchases made. These will go a long way in boosting the success of your business.
What differentiates your catering business from every other caterer is the taste of your food. As Indomie would say, “The Taste is the Difference and the Difference is in the Taste” So, if irrespective of who you are supplying to be it individuals or corporate organization, or even the government, ensure that you are at your best so as to sustain your services to your clients. Your food must be at its peak taste so that people will continue to patronize your business.
In this article on how to start a catering business in Nigeria, I have discussed the basic things you need to be successful in any aspect of catering career you may like to venture into. Therefore, with what you have learned so far, launch out to success in the world of catering services.
That’s the much we can take on the topic “How To Start A Catering Business From Home In Nigeria 2019/2020”.
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