Looking to start a solid Chin Chin business in your locality?
The chin is a snack that is quite prominent and almost all inhabitants of the country are acquainted with the yummy taste and crunchy feeling of the snack and they relish it regardless of the occasion.
If you live in some parts of Nigeria, especially Lagos, noted for its horrendous traffic jams, if you’ve been stuck in traffic, you can see the hawkers advertising chin, of different manufacturers to passengers, it can also be found in convenience stores, kiosks and any outlet that sells packaged foods, it is ubiquitous in Nigeria, chin-chin is literally everywhere.
As much as this savored snack is not fit to stand as a whole meal, it’s quite tasty and is usually shared in many occasions, weddings, birthdays, churches, schools, and many other gatherings. It’s always in demand and this makes the business pretty lucrative too. Setting up a Chin-Chin business, in Nigeria could be arduous but these should give you a hint and provide you with basic knowledge;
- Learn How to Make Chin-Chin
Making chinchin, the ingredients required are flour, baking powder, milk, egg, sugar, water, maybe flavour, and some other condiments depending on the taste and texture desired to be achieved.
Chin-chin can either be fried or baked, a recipe book might be sought to learn the techniques.
2. Know Your Market
Determining your target market is very important. The success of all sale strategies depends heavily on it. For an industrial chin-chin business, finding distributors will be the best shot, but on a small scale, reaching out to small gatherings or schools and local convenience stores will watch just fine. Attractive and neat packaging should be ensured as this is a marketing factor.
3. Produce Your Chin-Chin
Heavy machinery and sophisticated equipment are employed in the making of the snack, machines like dough cutter, fryer, sheeter, miller among others. The use of machines is for time-savings, less work, and efficiency. This doesn’t mean a tasty and delicious chin-chin cannot be produced without employing machines, chin-chin can be produced in the kitchen too but be sure it will take more time and more energy will be expended, although the quality of production is not necessarily at stake.
4. Calculate Your Cost of Production
The sole aim of every entrepreneur is to recover profits from any business venture, the cost of production per unit has to be evaluated to fix selling prices and get profit.
5. Sell and Earn
After all the steps listed above have been carried out carefully and effectively, then it is time to sell your chin-chin and make money.
Now that you know how to start a chin chin business in Nigeria
How To Download The Chin Chin Production Business Plan Template
Here is a part of the chin chin business plan template in Nigeria. If you want a complete business plan with the full financial plan, calculations, and more, follow the procedures to download it.
Pay the sum of N5000 (Five thousand naira only) to the account detail below:
Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us)
Thereafter, send us your email address through text message to +234 701 754 2853. The text must contain the title of the business plan you want and also your email address. Immediately after the confirmation of your payment, we will send the chin chin business plan template in Nigeria to your email address where you can easily download it.