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Business Ideas

How to Start Candy Business in Nigeria and Make Millions from it Monthly

Are you trying different business ideas to see which one will work out? if yes, STOP! Candy business is new in Nigeria and the idea is still virgin. All you need now is to learn how you can start it here in Nigeria and make millions of Naira every month especially if you do it well.

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Starting a candy business is a great venture to do especially in a place like Nigeria. The business is quite a nice business considering its popularity and how much people appreciate the product.

Candy comprises of chocolates, lollipops and sweets which is taken by a lot of people. The business of making candy can be very profitable and lucrative if properly planned and managed making it a good investment to do.

This is a business that can be done by anyone and almost anywhere as it is a business that can be done by men or women.

For those that are worried about this business needing a lot of investment for it to be started and grown, they may not need to worry a lot. This is because making candy is a business that can be started with a little amount of money on a small scale.

Read Also: How to Start Fashion Boutique Business in Nigeria

Obviously with all businesses the more money you invest the more and better chances you have making it in the business you have chosen easily and faster. This applies also to candy making business, but you have the opportunity of starting the business on a small level with little capital and gradually grow it to the big business you desire.

Why Candy Business is Good

==> High Demand

Candy is a product that a lot of people like taking, making it a product that is high in demand which means it will be a profitable venture to invest in.

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The good thing of this business is that it cuts across every body, men, women and children all like taking candy because of its sweet taste.

==> Used For Various Purposes

Candy serves a lot of purposes as they are taken domestically and socially. In homes we see people store them to take as a sort of desert after meals or even take at their place of work in their offices.

We see a lot of candy at events and occasions. Some people believe no event or occasion is complete without candy being present.

This is why we see at many parties and events like birthdays, weddings, anniversaries a lot of candy offered to people.

Also it is a favorite during the holiday season when a lot of celebration takes place, candy dominates periods such as Christmas, Easter celebration among others as people consume candy a lot and give out as gifts. The Valentine period is also not left out as a lot of candy is given and shared during this period.

Generally though, this is a product that is not seasonal despite the facts it seems to sell more during certain period s in the year. The fact is that candy can be taken at any time during the day and all year all round.

Read Also: How to Start Snacks Selling Business in Nigeria

Requirements to Start Candy Business

==> Learn To Make Candy

Before starting the business it will be wise of you to go for a proper training on acquiring the knowledge and skill of making candy.

This is very important as this can either make or prevent the business from succeeding. Remember there is still some competition out there with some organizations already in business and in the market already and if you decide to sell candy similar to theirs, you will need something unique and different to set you apart from the rest.

Also with the advantage of the market not being saturated you can create your own niche by producing something unique and different.

For all these to happen, you will need to learn how to make candy very well.

==> Register The Business to Get The Necessary Approval

This is a business that involves an edible product so you will need approval from the authorities of food production before starting the business.

Generally you are required to register your business before starting or opening for business. Also in most countries including Nigeria, food production is taken seriously and because of this you will have to get the necessary approval from the relevant authorities before starting.

When planning the business ensure you get information on what is needed so that you can be able to meet up with the requirements.

==> Chose a Nice Location

This will depend on how you want to start the business. If you are starting small you may not need to rent a shop or space immediately as you can start right from your home.

When deciding on this, you will have to create a space in your home from where you will do your operation and production processes.

If you have enough money you can rent a space and make sure it is located within a busy area and near your target customers like major markets and schools.

Make sure where ever you choose either your home or an office that you have enough space to accommodate your equipment and materials such as tables, chairs and office tools among others that you will need.

Make sure you do a good research on the equipment and materials needed

==> Source for the Raw Materials

You will need materials like boxes, ribbons, bags, colourings and lots more. You should make sure you get reliable suppliers for your business that will not disappoint you which is why it is advisable to get more that one supplier.

This is a good business to do especially when done well. You can advertise the business by making use of flyers, brochures, pamphlets to sell your business.

This could be a nice business to start!

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Ifiokobong Ibanga

Ifiokobong Ibanga is the founder of InfoGuideNIgeria.com. You can get in touch with him on Instagram @ifiokobong. If you need a personal assistance on this topic, kindly send a message. Much Love!

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