I have a juice production company that has a good product and customers like our product. We started production last month. We are facing serious challenges of delivery vehicle due to inadequate capital which is affecting the business. For instance, we don't have a delivery vehicle to distribute our products to customers' shops and supermarket. We usually hire vehicle and it costs us money. We have orders to supply supermarkets in VI and lekki since Monday. We haven't delivered till now because hired vehicle don't want to go too far from the mainland. Also, our working capital is too small.

Sometimes I ponder if the business will eventually put through the challenges of inadequate capital we are facing. Cause my fear is the business not failing due to insufficient capital. I hate failure. It is not like I didn't envisage the challenges before starting it. It's just that my money is not enough after setting up the factory, acquiring machinery and diesel generator and NAFDAC registration fees. I had to start production with what was left with. I need advice/motivation from fellow entrepreneurs.

Moderator, please help me to push it to front page.

Yes. It is. Planning is key

Consider bringing in partners

ugkk:
Consider bringing in partners

True. But, there are other things a business owner can put in place. But bringing in partners is an excellent idea though

edoman2016:
I have a juice production company that has a good product and customers like our product. We started production last month. We are facing serious challenges of delivery vehicle due to inadequate capital which is affecting the business. For instance, we don't have a delivery vehicle to distribute our products to customers' shops and supermarket. We usually hire vehicle and it costs us money. We have orders to supply supermarkets in VI and lekki since Monday. We haven't delivered till now because hired vehicle don't want to go too far from the mainland. Also, our working capital is too small.

Sometimes I ponder if the business will eventually put through the challenges of inadequate capital we are facing. Cause my fear is the business not failing due to insufficient capital. I hate failure. It is not like I didn't envisage the challenges before starting it. It's just that my money is not enough after setting up the factory, acquiring machinery and diesel generator and NAFDAC registration fees. I had to start production with what was left with. I need advice/motivation from fellow entrepreneurs.

Moderator, please help me to push it to front page.

Have you considered purchasing a delivery van on hire purchase terms?

You could also sell a stake in the business so your new business partners can bring in more money for investment in the business