₦airaland Forum

Hi Guys,

I want to go into the business of selling foodstuff - RETAIL - around Agege- Lagos (Dopemu - Iyana Ipaja - Abule Egba - Egbeda, Idimu ) area and I ve got Five hundred thousand Naira to invest on stock

Rice
Beans
Corn flour
Wheat
Yam flour
Plantain flour
Bean flour
Garri
etc

QUESTIONS

1. Do i buy wholesale from Mile 12 or source from far afield like in the North?
2. How should I allocate my investment in regards to product mix
3. What is the normal profit margin in selling foodstuff:?

Your advice will be very much appreciated