The ice block business seems like a negligible business with very little prospect. This explains why people tend to look down on a lot. However, contrary to popular opinion, it could turn out to be a very lucrative business, especially when operated on a large-scale industrial level.
In Nigeria, the ice block business is practiced by a large number of people. Besides the hot weather, the inadequate power supply is a factor that works in favor of the industry, making it a business whose returns on investment (ROI) is profoundly guaranteed. If you’re looking to start a business in Nigeria, you will find the ice block business highly lucrative.
Create A Business Plan
To start an ice block production business, you should draft a comprehensive business plan that encompasses all your business objectives, budget, plans on how to generate capital, the scope of operation, preferred location, etc.
Get A Suitable Business Site
Your business site or factory should be situated far from residential areas because of the noise from the generator set and ice block maker, but also close
enough to avoid excessive transport expenses.
Get The Required Equipment
After setting up the business structure, purchase the needed equipment to get your business rolling. This includes a water system, a generator set, ice block makers, drums or tanks for water storage, and coolers for storing the blocks as well as a vehicle for distribution.
Package For Distribution
Most ice blocks are made in transparent polythene nylon bags. The nylons can hold them in both the liquid and the solid states. You can decide to use branded nylons to put your business above your competitors. It can also land you contracts from prominent companies.
Advertise And Market
This is the point where branding your ice block production business comes to play. Advertising could take the form of personal contact with restaurant operators, hotel managers, roadside shops, etc.
Capital
According to a business blog ‘dekoolar.com’ one can start with a 50 blocks ice making machine which is less expensive and less profitable. But if you want to generate say N300,000 per month, then you need about Three Million Naira and above as capital to purchase your Ice block making machines and other equipment needed.
Culled from:https://ayeorganization.com, dekoolar.com.
