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Cereals Business
selah
#11 Posted : Thursday, March 17, 2011 11:34:26 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
The problem with this business is that its mostly seasonal and timing is of the essence.For instance if you were to supply maize now you will be 'burnt'seriously bcoz the prices are very high and most retailers are unwilling to buy at the moment since the rain season is about to start and farmers will be forced to reduce their stock thereby reducing their prices so as to create room for new harvest.So what this means the retailers know in a few weeks the prices will come down so they can sell their stored products as they wait for the price to come down.

I would advice you to get a good retail shop that you can use as a base of operation and then start looking for retailers who you can sell to, at wholesale prices.So you can be both retailer as well as a wholesaler.

'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
For Sport
#12 Posted : Thursday, March 17, 2011 9:20:48 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
mmarto wrote:
need to be careful....i tried lastyear and lost 30%


Careful about?
Alo
#13 Posted : Friday, March 18, 2011 12:41:59 PM
Rank: Member

Joined: 6/23/2010
Posts: 127
Location: Msa
@ mmarto kindly expound on what happened. @ Selah, thanks for the advise, ndio maana napenda wazuans... very resourceful.
"A woman's heart should be so hidden in Christ that a man should have to seek Him first to find her."
Euge
#14 Posted : Monday, March 21, 2011 9:14:01 PM
Rank: Elder

Joined: 8/4/2008
Posts: 2,849
Location: Rupi
Alo, avoid giving the cereals on credit. Make it cash and carry that will make life much easier.
Lord, thank you!
Alo
#15 Posted : Tuesday, March 22, 2011 9:18:23 AM
Rank: Member

Joined: 6/23/2010
Posts: 127
Location: Msa
Tks @ Euge
"A woman's heart should be so hidden in Christ that a man should have to seek Him first to find her."
leona
#16 Posted : Saturday, March 26, 2011 2:53:17 PM
Rank: Elder

Joined: 8/1/2008
Posts: 1,432
Location: Marsabit
@Alo, sio kwa ubaya... But why do you want to venture into a business that you seem not to be well versed with? Why not try something that you know much(or a little) about?Or else,a business that you can easily get info from someone close to you? Well,just asking... I always believe its easier to tread into waters one is a little bit familiar with than go gropping wildliy in the dark especially where cash is concerned..
Nevermind what haters say, ignore them til they fade away - Just live your life
mmarto
#17 Posted : Monday, March 28, 2011 9:56:47 AM
Rank: Member

Joined: 4/20/2010
Posts: 412
Location: nairobi
careful means what @selah has explained...Timing. Also other aspects come in: i used to get maize directly from farmers but some of the grain is not very dry and starts to rot. If you want to store as a hold-up you need to be more careful coz of the rotting. You also may need to treat the maize against weevils. These two cost me alot. Bear in mind that to dry the maize or treat it against weevils all add up to the overal costs
The only time you should be looking down on others is when you are helping them up.
Pablo
#18 Posted : Saturday, April 02, 2011 1:20:13 PM
Rank: Member

Joined: 3/17/2008
Posts: 567
Location: Nairobi
@Alo. Listen to Leona or you may get your fingers burnt.

For me the best way to start a business is to be handheld by someone who has been in that business successfully. That person could introduce you around and give you the unwritten rules.

Tread wisely, nasikia hiyo biashara pia ina ma cartels.
Stealth
#19 Posted : Saturday, April 02, 2011 1:50:17 PM
Rank: Member

Joined: 5/3/2010
Posts: 145
Location: East Africa
Biz ya mahindi ina cartels mainly when you want to deal huge amounts to the tune of thousands of bags. But for someone wanting 100, 200, 300 bags u r good.
waiter
#20 Posted : Wednesday, April 06, 2011 9:35:51 AM
Rank: Member

Joined: 10/27/2008
Posts: 52
Just go to Kagio, Kerugoya or Mwea. Watch and learn. It's a profitable business but timing is crucial.
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