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How To Get Your Bank Account Popping With “popcorn” Business - Business - Nairaland

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How To Get Your Bank Account Popping With “popcorn” Business by Ping411: 8:59pm On Jun 19, 2015
As the name implies, popcorn is derived from the word “pop” and “corn”. Popcorn is produced through the process of popping corn.

This happens due to the excessive heat infused on the raw corn which leads to an exciting explosion.

To achieve this exciting explosion of the corn, the raw corn must have enough moisture.

Everyone loves popcorn, it is an awesome snack for relaxation and movie time. As its an awesome snack for relaxation, so it is an awesome money yielding business investment.

Why start a popcorn business?

People of all ages enjoy the wonderful taste of popcorn at the movie theater, parties, amusement parks, sporting events and shopping malls.

Secondly, the unpopped corn is considered imperishable so you can store as much as you can without fear of losing.

Location? The right location to start this business are schools, amusement parks, streets, sport centers and even at parties.

Challenges?

Location is usually number one challenge to most small businesses, having the ability to avoid touts and learning to work in their presence is a great advantage.

Consistency also is a great challenge, producing 200 packs of popcorn daily without producing less any day is quite difficult.

It therefore takes a dedicated business man to plan and manage such a demanding business. Of course every business investment is a risk, you must have the ability to manage your business properly so as not to run at loss.

You must have a good marketing strategy for your business, when your business develops to the extent of having a team, train your team properly in the business strategy.

START UP COST

Recipe:

Corn (sweet corn to contain enough moisture) 2000 naira

Sugar 500 naira

Milk 900 naira

Total: 3,400 naira

Tools

Popcorn machine 62,000 naira

Sealing machine 10,000 naira

Branded nylon 5000 naira

Total: 77,000 naira

Daily: You make 200 packs at the cost of 100 each which equals 20,000 naira. Weekly, profit increases to 120,000 naira. In a month, you make 480,000 naira. Now you of course minus recipe and tools cost.

- See more at: http://bizwatchnigeria.ng/get-bank-account-popping-popcorn-business/#sthash.6R96UERT.dpuf
Re: How To Get Your Bank Account Popping With “popcorn” Business by domopps(m): 9:19pm On Jun 19, 2015
Op just like you said location could be a great challenge and I wana blv area,vicinity and suburb has control over the price! As it been sold in my area @ N50 even in a bulky nylon and still they complain of low sales!





Cheeeeers
Re: How To Get Your Bank Account Popping With “popcorn” Business by sonofthunder: 12:24am On Feb 09, 2016

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