In most parts of the world, bread is the third most common food staple. Nearly every racial, cultural, and religious group consumes it in large quantities across the continents. Especially when it is newly baked, everyone enjoys the aroma and flavour of the bread. It is among the easiest and least expensive foods to obtain when you are hungry.

Considering this, it is reasonable to say that beginning a bread bakery business anywhere in the world will be a successful venture.
The ideal product to deal with, as I have always maintained, is one that is in high demand in the market, and bread is one of such products.

In Lagos, nearly 10 million loaves of bread are consumed each day, compared to 53 pounds of bread consumed annually by Americans. The average French citizen is said to consume three loaves of bread every day. In total, 36 billion loaves of bread are barely enough to feed everyone on the planet for two weeks.
So, if you're considering investing in a business right now, I urge you to think about opening your own bread bakery. I used to supply sliced bread to Lagos, and I am aware of the revenue we generated back then. The same is true for bakers; their business generates very outstanding profits that are more than those of the national average.
When you have the factors of production and are able to comply with the regulations set by the regulatory authority, setting up a bakery that specializes in bread is not too difficult.

READ MORE: https://starthustlenow.com/business-ideas/how-to-start-a-lucrative-bread-bakery-business-in-nigeria/

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