How To Start A Profitable Cold Water Starch Production Business
Why Cold Water Starch production business? The nutritionist has it that carbohydrates consist of 80% of the average Nigerian daily meal- for every meal a Nigerian man takes either for breakfast, lunch or dinner has most of it to 80% carbohydrates.
This is as a result of the rich abundance of carbohydrates foods (raw materials) in Nigeria and this gives you an insight on the large availability up to wastage that you can convert into papers (money).
Cassava, corn, millet, for example, is richly available in Nigeria, thus giving you an awesome opportunity to generate a steady income from them and one such way is through- Cold Water Starch Production business for money.
Coldwater Starch is one of the many products that is extracted from cassava, it is used in laundry, to feed animals and it also serves as a popular food for people in the southern region in Nigeria. Coldwater starch is a substance used to also stiffen clothes and textiles materials without hot water.
This product is a profitable business due to the high demand for it because more and more people are now used to the stress-free way of getting their clothes looking sharp and neat.
Coldwater starch production and selling a business is a profitable business and a unique opportunity that will constantly generate a steady income for investors. Right from one’s home, with just a capital of N15, 000 one can start up this business and make a minimum monthly profit of 80,000.
Starch readily available in carbohydrates plant-like ones mentioned above used for laundry services, food processing, and pharmaceutical industries. One cheap and readily available raw material for starch production in Nigeria is cassava-Nigeria being the highest producer of cassava tubers.
Uses of starch apply to laundry services as it enhances textures and the appearance of fabrics materials.
The high demand for cold water starch is increasing and for one to take advantage and make 80,000 monthly from home (with just a startup capital of 15,000) and packaging in either nylon or 1 liter, 2 or 3-liter plastic rubber, etc. selling for a price of 150 per liter
Production is easy; raw materials are readily available and cheap, and the production procedure is neither complicated nor the return on investment low.
It’s a business that requires no check-ups, no special skill acquisition or training is needed and the purpose of this article is to tell you how starch can be produced and processed into a substance that can be used to preserve and maintain fabrics and to go into this kind of business, you only need the minimal amount and the basic know-how.
Steps to Starting a Cold Water Starch Production Business
1. Research on The Business
Carrying out proper research is the starting point of any good business because proper research enables you to gather all the necessary information about the business you are embarking on as well as give you a future forecast.
The internet is also there to assist you in your research work with all the right information about competitors, common mistakes, and how to avoid them.
2. Learn The Required Skill
After your research work has been done, the next step is to learn how cold water starch is made. It is advisable to get trained by someone who is already in the business and well-experience. Learning this skill will facilitate a smooth production process and it is a very easy process to master, at most a day or two and you are well off on your own.
Just a thought, when producing your own cold water starch you can add a touch of fragrance to give it a sweet smell, that is another fine way to distinguish your product from others out there in the marketplace.
3. Capital
In this business, you do not need to start worrying about how to get capital because there are several Alternate Ways To Get Funding For Your Startup and also it does not require huge capital, Coldwater starch production is a business you can start with just $200 which is about #60,000 thousand nairas only.
I am been realistic here, you can agree with me that, unlike most businesses that amount won’t take them anywhere. So that #60,000 naira makes up for the raw material which is the cassava and the packaging materials like kegs, bottles, nylon sachets, and also printed labels where the name of your business, quantity, and other contacts can be seen.
4. Know Your Market and Advertise
This is the most important factor because it is the very reason you are in business, you are in business to sell and make profits of course. So know your target market and learn how to engage them, start by advertising your products to people and places you know are in need of your cold water starch. Like, hotels, offices, homes, laundry, and dry cleaning business shops both well-established ones and small ones, and the local marketplaces as well.
Remember, no matter the size of your business don’t ever think you do not need the internet, it is important you utilize the internet and advertise your product on all of the social media platforms like Facebook, Twitter, Instagram, and the rest. No means should be spared to create awareness for your product/business.
5. Register The Business
In this case, some article might advise that you don’t bother with registering your business since you might be starting from home, well, at first it will be okay but let me tell you this for free, it does not matter whether you are starting from home or not it is important you get your business registered.
It will save you a whole lot, besides, your main purpose of going into a business is to grow, expand and become well established. And registering your business does not cost any harm, it is affordable, so ensure to get your business registered.
There you have it, all the necessary steps that you need to kick start the cold water starch business. So waste no time and the time to start is NOW.
Order for our detailed Business Ebook on Coldwater starch production business and get all the information you need to start and attain success in this business such as:
- List of materials for making cold water starch
- Where to purchase material
- Production procedure involved
- Where to buy packaging material and
- A total comprehensive market research report with few contacts of bulk buyers that you can sell your products to after production.
All in an eBook format ( pdf and MSW)
It’s your chance to transform your financial status to prosperity with low capital.
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