₦airaland Forum

To start a bakery business,

*You need to define your target market *Determine the scale of production (Large Scale Mass Production or a Pilot One Stop Shop)) *Determine Product type(Standard or Premium Brands). Therefore depending on which of the options you chose enumerated above you can plan the capital outlay. The larger the scale of production the higher the capital outlay in terms of size of equipment and raw materials.

However with only N600k, I will advise you begin on a small scale (ONE STOP SHOP PILOT scheme) to taste the market, see what consumers around prefer and then increase production as demand increases. With this you wont need a delivery van for distribution and other incidental costs that is associated with Mass Production.

*N350K can get you home made fairly used (second hand) electrical Mixer & Oven.

*Rent a small Shop and partition it with N100K where you do your production and and display your products.

*Use N100 to buy start up raw materials like few bags of flour, additives, packing leather etc.

*N50k shall be your working capital to meet staff costs, utilities and other exigencies. Good luck brother.