Starting
a Crayfish Business
- Write a business plan
- Conduct a survey and feasibility study
- Find sources for your produce
- Rent office space in commercial area
- Secure funding
- Incorporate the business
- Market the produce
Things
to Consider Before Starting Crayfish Business
The first thing to do is write a crayfish business plan. Then
carry out a survey and feasibility study. You need to know the current price,
packaging and sales channels.
You need an office space with storage capacity. The
business premises should be located in a busy market or commercial area. The
location should have heavy human and vehicular traffic. Store the produce in a
well ventilated area.
Write
a Crayfish Business Plan
You need to write a crayfish business plan. The plan
should focus on sourcing the product, storage, sales outlets. You need a mode
of transportation, startup capital. Other considerations is business
registration, staffing.
Conduct
a Feasibility Study
The feasibility
study should focus on the viability of the business. Study your competitors,
current pricing, supply channel. Then study focus on customer demography.
Incorporate
the Business
Register the business with the corporate affairs
commission. Register as a sole proprietor or LLC. Choose a simple business name
that is keyword rich. You could get some
insurance cover for the business. It is not mandatory that you register the
business.
Places
to Sell Crayfish
There are only a few challenges in the crayfish business.
You need a ready source of the product. Others are transportation cost, preservation
of the crayfish.
There many place to sell your produce. Popular places are
open market, restaurants, supermarkets and stall. Other locations are hotels,
fast food outlets, offices, canteens.
Make sure the prices you offer are reasonable and
competitive. Most dealers purchase them in bulk and sell retail. A purchase from the sources would afford the investor
a whooping 200% markup in retail sales.
- open market
- restaurants
- supermarkets
- stall
- hotels
- fast food outlets
- offices
- canteens
- residential homes
- agricultural loan
- feed mill business
Marketing
Advertise your produce on television, radio and print
media. Use newspaper advertisements, flyers, posters and banners.
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