HOW TO START A CHIN CHIN BUSINESS IN NIGERIA
In recent times, home made snacks have become quite a popular thing in the country. It has also brought opportunities for individuals who know how to go about making them to take advantage of their skills and use it to make money from the business. It’s almost quite hard to not find these snacks in the market as they are quite popular and widely consumed by many. And unlike in the past when making or production of these kind of snacks was for big confectioners, it is different now with almost anyone being able to start up the business as long as they knew what they were doing.
Chin Chin is a popular Nigerian snack that is used as refreshments most times. It is a simple snack made with the mixture of flour, sugar and some other things added according to a specific measurement. Apart from the business side, it is common in many Nigerian homes for refreshments. Along with other snacks and small chops too, the products are storming the market to earn some profits for people who are capable of doing the snack pretty well and produce it for people to buy.
One of the simple things about the business is the fact that it can be started from the comfort of your home and is what is even commonly practiced by people moving into the business. As long as the equipments are ready and the ingredients are also ready, there is typically no problem for individuals to go about the production process. The business comes in two forms, the first of which is the production in small scale and selling directly to small shops and consumers. The other is production in large scale and also selling large quantities of the product. In this case, you don’t really get to interact with small shop owners at all.
Starting a chin chin business is not really a hard thing to do though it requires hard work and your dedication to make things work. It’s also a business that almost anyone can venture into provided they are willing to learn about how to go about the production of the chin chin. There are many ways to actually learn with the easiest being the internet for tutorials. The business requires just a little amount of capital and is one of the business you can start with a relatively low budget. All things needed, ingredients and equipments, and even location will depend on the capacity you’ve chosen to start with.
In the next sub heads, I’ll be discussing the steps involved in starting a chin chin business and some of they important factors that can be considered in making the business successful and bound to bring profits.
Research is highly important in any business. It is something that should not take much of your time but still, even when research proves time consuming, the time will be well spent provided you are able to get all the information you need to get the business started. Getting information on a business is quite easy these days, all you need is just a phone and an internet connection. There are lots of information online on the chin chin business and why you should consider it, take your time to access the business and be sure of what you want. Also, seek knowledge from experts or professionals in the business for reliable information. After concluding the research, you can then decide to write the business plan for the entrepreneurship venture.
- WRITE A BUSINESS PLAN
The business plan basically prepares you for the business ahead. Some of the important things to feature in the business plan are executive summary, a comprehensive description of the business, location analysis, market analysis, production requirements, cost of equipments, financial plan and marketing plan. All these things, in one way or another. Help to decide the direction the business should go and also if it’s right or not. Business plans are not written for the sake of writing, it actually has a lot of benefits for businesses.
- CAPITAL AND LOCATION
Getting the capital and making it available is the first step in starting a business. The capital is the key to the other factors that help in bringing the business to light. Without the capital, the business is more or less just an idea without execution. The cost of starting this business is not really expensive, so it should not take individuals too much work to gather the money needed. First, a budget can be created to estimate the cost of everything needed for the business and then individuals can work towards getting the total cost which will serve as the capital.
After the capital is gotten, other things involved in the business can then be worked on. Things like materials for making the chin chin and also cost of equipments mostly cover the cost of starting the business. As mentioned earlier, the business can be started from the home and it surely makes things comfortable as you don’t need to start looking for a place or even go through the stress of going to the shop every now and then. It can all be completed from home. The only case where a location can be used is when the business produces in extremely large quantities and doing it from home no longer becomes comfortable.
- INGREDIENTS AND EQUIPMENTS
The production stage kick starts at this point. All the things that make up the chin chin is gotten at this stage as well equipments that would make the work easier and also generally help in making the chin chin. Some of the materials needed include the flour, milk, sugar, baking powder, butter, egg, nutmeg and vegetable oil for frying. The equipments needed includes the gas cooker, deep fryer or large frying pan, rolling pin, seive and seiving spoon, knives or cutters, and different bowls for mixing.
While the ingredients are things that can be gotten from the market, the equipments are usually things used at home normally though, of course, they can also be gotten from the market. To reduce cost, it is always advisable to check things already available at home and buy only the ones not available. Also, for the materials, you can choose to buy in large quantities or small quantities depending on the availability of capital and also the size of the proposed business.
- MARKETING AND SALES
Obviously, the next thing after making the chin chin is to work to get it sold in the market. But before that, you’ll need to package the chin chin. There are various ways the chin chin can be packaged. It could either be in a nylon, a plastic bottle, a glass jar or anything that makes the chin chin covered and also attractive to customers. Packaging helps in its own way to get customers to have a good look at your product and decide if they would want it or not. For sales, fix an affordable price and get them to common retail shops near you if you don’t want to go through the stress of visiting even far places.
The steps in making chin chin include;
- Get the ingredients
- Get a bowl and seive your flour into it
- Add baking powder, sugar and then butter or margarine to the content of the bowl after which you will mix.
- Add eggs and milk, preferably liquid, to the mixture and continue to mix until you get a smooth dough.
- Get a smooth flat surface and place the dough on it, then knead it for a few minutes.
- Use the rolling pin to roll the dough to be flat and then cut into small squares.
- Start frying.
The business is one that is profitable and doesn’t really take much stress though it is important to always put in hard work to get the best results. The business is bound for success provided it is properly set up.