Dear nairalanders, I was thinking on what business to start that will atleast help me foot my bills and buying and selling rice in bags came to my mind. I see this business as a lucrative business but I don't know anything about it. I am still confused in certain areas of the business. Where can I buy bags of rice very cheap? How much can I buy it now and what is the profit margin for a bag? What if I decide to retail it, is it also profitable. Pls I need ideas from experienced dealers. Advice pls!

Send me a message on whatsapp. I can connect you to a friend that supplies rice at cheap rate 08033672401. He is a rice dealer and brings from seme and supply to various states. To make much margin in selling in bag, you have to sell more or supply other traders who sell in smaller qty.