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Nairaland Forum / Nairaland / General / Business / Bakery Or Poultry: Which Of These Two Businesses Should I Go For? (22617 Views)
Pls Help Me Make A Good Choice Between These Two Businesses Investment / Setup Ur Eatery,modern Bakery Or Pastry Shop @ease / Two Businesses That Pay My Bills (2) (3) (4)
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Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by AdeniyiA(m): 6:51pm On May 07, 2022 |
halima83:Look at the factors of production and use them to make your choice... You need more capital for Bakery than poultry, that is if you're going for modernized Bakery. For poultry you need more land outside a residential area than a bakery you can situate in d neighborhood. A modern Bakery requires electricity, you know how that goes in Naija. A local Bakery will frustrate you. In short I will most likely advice you to go the poultry way in a farm area where you can even use the poultry waste as manure. It's far batter than Bakery I think |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by zanshi: 6:52pm On May 07, 2022 |
BeardGangJnr1: Egbon,Bro,Bros maybe you are still mathing it on paper hence why it looks attractive, seen millionaires go into this business and when you ask them how far they exclaim and be like "Omo". I no go talk beyond that. Don't also forget to factor in when they get sick for no reasons and they have a sudden drop in prodcution. 1 Like |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by Funkybabee(f): 7:05pm On May 07, 2022 |
Poultry darling, start with small birds, crockel not those broilers. And be praying on them everyday, u will see your profit in Jesus name 5 Likes |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by SweetVibe: 7:11pm On May 07, 2022 |
Funkybabee:Typical way a female gives advice..... All about how she feels while lacking concrete fact about the situation. 2 Likes |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by BeardGangJnr1(m): 7:23pm On May 07, 2022 |
zanshi:Alright boss...I remain loyal Oh.. |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by Web2020: 7:27pm On May 07, 2022 |
Wilson212:Well, I strongly advise her to do a thorough visibility study before embarking in bakery business. Thank you |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by 9jahotblog: 7:30pm On May 07, 2022 |
halima83:choose bakery oooo. It’s the best |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by 9jahotblog: 7:37pm On May 07, 2022 |
Carparts888:same thing with poultry too. Poultry farmers are lamenting of high cost of birds feeds. |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by Funkybabee(f): 7:37pm On May 07, 2022 |
SweetVibe: How did you know that I lack concrete fact about it? 1 Like |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by ChoCho54(f): 7:40pm On May 07, 2022 |
GreatAdvice:Great advice!! |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by Sezi4Christ: 7:42pm On May 07, 2022 |
The best decision depends on your personal factors. Prices of baking products have been increasing since the pandemic plus the rising cost of diesel which you would need to power your bakery appliances. To start a bakery, I would advice that you learn how to bake. That way, you don't have to spend much on paying bakers who are often times unreliable. |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by frozen70(f): 7:44pm On May 07, 2022 |
halima83: I think bakery is OK as people must eat bread But you see that poultry, you need to understand the Nitty Gritty of running poultry else the birds will reduce from 100 to 25 birds You will just see them dying any how |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by oluwatodimu1(m): 7:47pm On May 07, 2022 |
Don't go near poultry o! A word is enough for the wise... |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by gotnel: 7:49pm On May 07, 2022 |
Do you have enough knowledge of poultry business? Do you have enough money to spend for the first 6 months?. Bakery is more friendly than poultry |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by Cousin9999: 7:51pm On May 07, 2022 |
I'd say it depends on your background, where you intend to do business, what you expect from it, how much time you can devote to it, and what you have to invest. Baking is one of the cheapest things you can do. And you can do it out of your own house. However, there's more to consider. Some pros and cons for poultry: Pros - fairly easy to sell, high demand, can do it almost anywhere, can sell byproducts, may be easy to add good companion products (certain crops or animals) Cons - can be expensive to set up and run, high risk if you lack expertise, margins may not be good, you may not learn something you can use elsewhere, dirty and smelly, output may be limited by finance or expertise For bakery: Pros - easy, cheap to do, high margins, can do it without a proper shop, high demand, easy to diversify product Cons - low barrier to entry means lots of competition, may struggle to compete with large suppliers, may struggle to appeal to taste preferences, easy but requires skill, good staffing could be expensive, equipment for a proper operation could be expensive, days can be long 1 Like 1 Share |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by maasoap(m): 7:58pm On May 07, 2022 |
Some are saying poultry is expensive while others are equally saying bakary is expensive. Lol. Just go out there and verify the prices of items you're going to need for whichever you decide to go into. Itemise what you are going to need, know their prices and compare with your budget first. |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by studM(m): 8:08pm On May 07, 2022 |
englishmart: lolz |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by horlakunle25(m): 8:08pm On May 07, 2022 |
bakery!! go for it, and am talking as a baker wit over 15 years experience!! shalom!! 1 Like |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by Burgerlomo: 8:12pm On May 07, 2022 |
PussyOdour: |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by gafsal: 8:17pm On May 07, 2022 |
I'm a livestock farmer (poultry,fish and pig) since 2001 till date, please don't go near poultry for now. The problems are much, I won't say more and my candid advise for you. |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by Internet22: 8:36pm On May 07, 2022 |
Both businesses are not good right now, don't venture into any of them unless you're ready to loose your money. |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by Carparts888(m): 8:43pm On May 07, 2022 |
Trust me bakery is worst. The cost of production is on a triple digit and lots have shut down operations in Lagos here I have personally witnessed. Poultry too is experiencing this inflations too but not as bad as bakery and I believe there can be alternative feeds that can be given to the birds and sourced for locally at a cheaper rate. 9jahotblog: |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by DavSagacity(m): 8:45pm On May 07, 2022 |
oluwatodimu1:When some of us that are into it are looking for means to run away from it... |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by silibaba: 8:46pm On May 07, 2022 |
Alusiizizi:this pikin no go out me for trouble, oya go knee down inside room raise up you hand. |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by HeraldAgric01(m): 8:48pm On May 07, 2022 |
This advise is just for you. Livestock business in nigeria is a gamble you might break even and might get depressed after irreplaceable loss. I am a consultant in the field and I am talking from experience. There are lesser risks in bakery business, bakers are even making whatever they like and believe me people buy it like dat. But if your birds starts dying as a resultof carelessness you can't trace, no one will hear your story. Nuff said Thylord: |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by HeraldAgric01(m): 8:52pm On May 07, 2022 |
At least you can retrieve a greater portion of your investment and even sell off machines. Viral infection dey strike like pestilence. They're not to be compared. Carparts888: |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by MrBONE2(m): 9:07pm On May 07, 2022 |
doubleE70: But would all prefer to Poultry meat even their Bones than eating Bread |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by solochris(m): 9:12pm On May 07, 2022 |
I own a mini bakery here in Lagos. Contact me let me give you first hand information for free. You can as well visit my bakery if you so wish. Ask any question and I will give you answers. I wish u good luck 2 Likes |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by SoapQueen(f): 9:12pm On May 07, 2022 |
halima83: I hate to be the harbinger of bad news but poultry business is for the strong hearted. In the past 4 months, I've been actively taking care of birds. From feeding to medication to water to cleaning to monitoring them. If one of them catches a disease, start immediately with aggressive treatment, if not, you'll be so so devastated. 1 Like |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by utepu: 9:19pm On May 07, 2022 |
Bakery |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by skywalker240(m): 9:28pm On May 07, 2022 |
Seniorwriter:I've done both As a poultry attendant/fish/pigs and also as a Baker/mixer Only 40 crates of eggs for a day just from a single pen will give you over twice what a Baker will get for two days But I wouldn't advice anyone to just venture into poultry without at least 360° experience though Poultry pays more than bakery on the long run, but I'll advice the op to go for baking if she is not strong hearted (yes I used that statement) 1 Like 1 Share |
Re: Bakery Or Poultry: Which Of These Two Businesses Should I Go For? by halima83: 9:30pm On May 07, 2022 |
gafsal:Please can you elaborate further? and why are you still in the business? |
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