Egg supply business is the sourcing and supply of eggs to individuals, supermarkets, hotels, shops, and companies. It is a very lucrative business that anyone can start to make a massive profit.
The business is not very capital intensive but very rewarding and you can determine what you want your profit to look like.
Without a doubt, poultry business is one of the most profitable businesses to start anywhere in Nigeria and Africa. One of the things that makes poultry business more producing is the egg. Because of its nutritional value and demand, supplying and distributions of eggs is a surplus business with many profits in Nigeria and beyond.
What is egg supply business all about? It is about supplying eggs produced from poultry to the buyers daily, sometimes weekly, monthly depending on the need of the buyers. The supply of eggs will depend on demand. In most cases, customers usually order eggs in high quantity depends on the financial capacity of the customers.
Why egg supply business is very lucrative:
Egg is one of the most sources of protein for humans. There has been much research where scientists have concluded that consumption of egg plays a very big part in human health.
The opportunities in the egg distribution business
- Common Supplies: Eggs are known to be supplied to shops or supermarkets, restaurants, bakeries, and cosmetics industries on a daily basis, weekly or perhaps monthly in wholesale. With this, the business owner is given the opportunity to make immense income on a daily basis, weekly, and monthly. Almost everyone eats eggs. In fact, scientists recommend that eating at least one egg a day is very good for the body.
- Industrial Supply: Many industries also use eggs to complete their manufacturing of products. They require eggs in large quantities and use them to improve their production and branding.
- Cosmetics: Most of the cosmetics industries in Nigeria and most parts of Africa use the efficiency of the egg to make their various skin products.
- Fitness: In the fitness center, they do encourage their clients to take in a lot of eggs so that it can help them to boost their protein intake because it helps in building their bodies and gain considerable muscle mass. You can reach out to the gym centers and by doing so; you will get more clients for your egg supply.
The advantages of egg supply business
- Easy to startup and operate.
- It can be a low-cost business idea.
- Eggs are a great source of protein.
- Eggs have a wide variety.
How to start egg supply business Follow these steps to start the egg supply business:
- Locate a reliable poultry farm that produces eggs in large quantities: The first step in starting is to locate a dependable poultry farm that can easily supply you with large quantities of eggs anytime you need it. Make sure you locate a well-organized farm. You should be connected to more than two farms. Have at least two to avoid scarcity. Speak with them and have an agreement on prices and all the details necessary.
- Transportation: The method of transportation can limit your supply. Getting a vehicle will help you to cover more areas than the former option. The cost of purchasing a vehicle constitutes almost 85% of your total capital. Then maybe, 5% can be used for fuel purposes. You can begin to service your vehicle regularly to avoid breakdown as the business grows.
- Set up a storage facility: You will need to set up an adequate storage facility for the eggs. Once you move them from the farm, a place you keep them for distribution.
- Other Important Working Tools: The most important tool needed for the egg supply business are your empty crates. You can buy 1500 pieces of crates for N10, 500 if you choose to buy the paper crates and the number of crates needed for your business totally depends on you. It is advisable to buy paper crates as it protects the eggs from cracks and it is cheaper. However, it gets damaged faster than the plastic.
- Identify and reach out to your target market: You will need to locate your target market where you are and reach out to them. This is where your business will grow. Depending on where you are, you should be looking at: Hotels, shops, schools, and restaurants, industries that make use of egg, gyms, and more.
