Food is one of the necessities of life and also an essential part of human development. There is not a single individual who does not need food or water to survive.
This means that your target audience is the entire population and your food business can thrive anywhere in the world.
In this article, we will focus on 5 major food businesses you can start in Nigeria with little or no capital. There will be a breakdown of these ideas into two sections, let’s dive in.
Here are 2 examples of low capital food business ideas you can leverage:
- Niched food business based on your environment: Ideas such as starting up a Noodle kiosk with basic items and ingredients from your home kitchen or even making packaged snacks and distributing them within your locality for a start.
- In an online niched based food business, you can start selling any basic or custom food/drink products that are your customer's interest e.g pasta station, local drinks, etc.
3 Food Businesses you can start with Zero Capital
- An online culinary class: For example, if you have years of experience in cooking great dishes or just have a solid knowledge of creating amazing recipes, you can begin an online class where you share these recipes. You could begin this with a closed number of individuals and ask them to pay a little token and then you build out to larger advertising.
- Selling third-party kitchen utensils, cake tools, or other items peculiar to chefs, bakers, cooks, etc. You can liaise with a vendor, advertise his or her product to your audience and take your cut based on the agreement. This could open you up to building capital to venture into your business in the long run.
- You can be a retail distributor for packaged food products. This works by partnering with the wholesaler and an agreement on a percentage cut when items sent to you have been sold.
We had a more elaborate discussion on this topic with Culinary Expert, Ummie Nuhu. You can watch the video here. Starting a food business may not be easy at first but when you get the right resources and knowledge, you’d do great!
Do you want to join a growing community of food business owners in Nigeria? Click here to join and do not forget they all have one secret to growth and that’s Dillali.