A CONSIDERATION OF GROUNDNUT BUSINESS

The focus of this article is on the finished product, getting the groundnut ready for consumption. So it excludes the planting and harvest phase. Today, groundnut often packaged in bottles, is a highly sought after product in almost every home.
The consumption rate is high. It is simply irresistible to stare at a bottle of groundnut on your table and not reach out for it. 

THE IMPLICATION

Those in the groundnut business work hard to meet up with the  increasing customer demand. For them it is a lucrative business.

THE REQUIREMENT

First and foremost, you need to learn how to prepare or fry it. Skill is required. Sometime ago, I bought a small bottle of groundnut. While I was eating it, I discovered it had too much salt content. Hence, I stopped eating it. I never patronize that lady ever again. So if this is the reaction of other customers, the lady will end up losing her customers. To avoid this situation, you need to know the right quantity of salt and water to apply for the best taste. 

START UP CAPITAL

With as little as 3000 naira, you can start this business on a small scale and begin to put food on your table. In Benin City, for instance, a big bottle of groundnut sells for 350. It may be 400 to 450 naira in big cities.

SOME CHALLENGES

This business is not for lazy people. You have to seat for hours peeling the groundnut one after the other and picking out the bad ones. Another possible challenge is getting packaging bottles on a regular basis.