How To Start Provision Shop
It would cost you 75000 to 150000 to set up a small caravan for a provision store business stocked with the essentials.
How to start provision shop. The business entails having a shop or space you stock up with basic house hold items and products that people use and need on a daily basis. Rent a Store. What You Need to Start a Grocery Provision Store in Nigeria Rent a Shop.
People natural bypass shops that look scanty because they believe it will not have all the items they want to purchase. Not everybody can buy in bulk. You will need about N40000 to N60000 for shop rent.
The grocery store business start-up cost would be influenced by many factors like the location of the shop and the rent you would need to pay the inventory you need to buy and how many salespersons you would be hiring. Rent a shop in good location. Before you start a provision store you have to make a through research on various points.
A Provision store business is very lucrative because people buy household items every day. You need to have some. Unlike supermarkets that require huge capital commitments grocery stores require a lesser amount.
Also remember to drop your comment in. Hemraj Jain said on June 23 2012. Here is a step by step guide on how to start a provision store.
Achieve a net profit in year one increasing in year two by containing costs and meeting sales targets. Setting up your grocery shop would also involve buying furniture like racks which are needed to display different products a table with drawers etc. When starting this business you will have to decide the type of goods and.