Drinks and Food Business — One Business you can Succeed in if you Start

in Steem4Nigeria5 days ago (edited)

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starting a business Idea with Drinks and food business like bar

Hello Everyone am @dihzy by name from Nigeria, I want to talk about a business idea that can make someone earn a good money and that is Drinks and food business like bar. Starting a drink and food business like bar is one of the most profitable ventures when it is placed in the right environment and designed to match the lifestyle of the people around it. The success of this business of selling drinks and food depends on an heavy location but If someone can Start it up with a small capital it will be okay first before proceeding to big capital.

Also, atmosphere, pricing and someone experience and not also the food and drink you sell should be okay for customers to buy from you. Business of selling food and drink are: local and imported beers, cocktail,wine and spirits fresh juice while the food section are: small chops, Rice dishes and fast meals, shawarma and burger all this section can be introduced by someone to earn a bigger money in his or her locality.

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Location that will make the business move and why i think people will patronize me if you do so?

If I want to relocate or expand my business to a place where it can grow faster and make customers to be buying from Me and also attract more customers, one of the strongest locations I would choose is port Harcourt. Why I choose the city as a place that can make my business of selling food and drink grow faster is I have freinds that sell shoes, clothes over there they do Tell me about the city that if you do business there your business will grow. So I just decided that port Harcourt should be a place someone can start this business of selling food and drinks.

Let me explain in full details why this city is a powerful business locations and why people will surely patronize someone if you go there is that, port Harcourt they have a steady electricity supply and water supply. Port Harcourt is the capital of River's state and one of the Nigeria's biggest commercial and industrial centres.

Because of this strategic location, the city has grown into a strong economic hub that attracts workers, investor, traders From different part of Nigeria. One of the biggest reasons to move a business to port Harcourt is the large and growing population, the population continues to grow every year due to job opportunities and migration so I think port Harcourt should be a better location to set up a business of selling food and drinks.

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strategies in either starting small or starting with a huge capital

Starting a drink and food business in port Harcourt can be very profitable because the city is a very busy, social, and full of working class people, student, visitors and some working class over there like eating often at restaurants because they might not have time to reach their homes before they eat so I just think that restaurant should be set up in school or work area where students and workers are always found at all times.

But your strategy depends on whether you want to start a small or to start with a big huge capital. Let me explain how someone can start this business with both small or big capital. Starting with small or low capital is the safest and smartest way if you don't have much money or want to test the market first, focus on fast moving items first like local meals, like rice and beans and soup, cold drinks,zobo, and fresh juice.

Many local spots started small before growing big someone who wants to succeed in his or her business can not just wake up like that and want to earn bigger small without starting small small. So if you want to start up this business also you should choose a best place near office, motor park, school areas, busy streets before even going to have a food stand or home delivery kitchen.

Also focus on tastes and consistency, use of social media is very very important nowadays because that is used to make information and business fast and reliable. Post daily about your food picture, customer reviews, short cooking videos, that will promote your business.

Then from here when you have money you can now start huge and then complete your establishment with big restaurants and lounge and Also invest it in a bigger environment where people will come and buy from you in bulk.

why most people fail in these businesses and how they can be successful?

Many people go into the foods d drink business because it looks easy and profitable but a lot of them fail because of how they started the plan and they might though is so easy like that. A lot fail because of mistakes in planning, management and consistency. Some reason why people fail in starting up a business are poor locations choice.

Some people open their shop where there are few customers or where their targets market does not pass regularly which may lead to low sales and wasted rent. Lack of planning can cause it also whereby many start with proper business plan, no clear pricing and no calculations cost.

Bad financial management like mixing personal money with business money is a major problem because some spend profits instead of reinvesting which can cause inconsistency and lack of growth of the business.

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So there are so many ways we can make a business successful Which are choosing the right location which means opening a shop where people already gather and the place must be very busy with a very high demand. Second is by starting the business sma and gradually buying testing your menu, understanding customers taste, and build steady demand before expanding the business. I therefore invite @bossj23, @peacemike and @blessed to participate in the contest.

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 4 days ago 

Food and drink business is the good decision to make friend. I wish you success in your plans. Stay blessed

 4 days ago 

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