How To Start A Small Provision Store In Nigeria

Capital in the range of 200k 300k and 500k is enough to start a successful business.

How to start a small provision store in nigeria. Do your research and plan. Grocery Store Business Plan in Nigeria. Provision store business is very lucrative that is why people who start small expand within a short time.

The basic requirements include a rented store market stock cash at hand and miscellaneous items. The steps to take to start a provision store. Achieve profitability by September year one.

Here is a step by step guide on how to start a provision store. It has all the attributes of a large super market but on a smaller scale. It can be sometimes categorized into the type of shops locally referred to as corner shops or slightly bigger than the typical corner shop.

Your capital determines what you sell. If you are renting a shop consider 3 to 10 months of amount as security deposit which will not yield any income. Here is the breakdown for the cost of starting chemist or Patent Medicine store in Nigeria.

There is usually no self service option in a provision store. While you are planning to start the business please do research and have proper planning on ground. For the steps on how to start provision business and the items.

The objectives of the provision store business plan in Nigeria are as follows. Earn approximately 200000 in sales in our year three. The present economy of Nigeria is.