Mandazi Business
Type: Production/Retail
Key product/s for sale: Freshly made Mandazi, with options for traditional and unique flavors.
Technology considerations: Utilize basic kitchenware items for Mandazi preparation, such as frying pans, cooking utensils, and charcoal jiko for heating.
Market for the product/s: Target local communities, institutions, offices, and busy areas including market centers and residential zones.
Key inputs into the business:
Mandazi Ingredients: Wheat flour, baking powder, sugar, salt, water, cinnamon or cardamom, cooking oil, and optional additives like eggs.
Kitchenware Items: Frying pan, frying spoon, charcoal jiko, basins, and operating table.
Product preparation process: Perfect the art of making delicious and soft Mandazi, experimenting with unique ingredients and additives to enhance flavor.
Quality considerations: Maintain hygiene standards in Mandazi preparation and premises cleanliness to ensure customer satisfaction and trust.
Cost of investment:
- Mandazi recipe ingredients: Ksh 1,000
- Mandazi kitchenware items: Ksh 4,000
- Kitchenware Items:
Frying pan Ksh 1,000
Frying spoon Ksh 250
Charcoal jiko Ksh 1,000
Basins Ksh 200 - Operating table Ksh 1,500
Total Initial Investment for Small Retail Business: Ksh 5,000
Required operational infrastructure: Access to clean water, electricity, and a suitable cooking area for Mandazi preparation.
Most suitable or viable location of the business: Busy areas including towns, market centers, near institutions, or residential zones for retail, and a central location for wholesale/distribution.
Potential sources of investment capital: Personal savings, microloans, or investors interested in food production businesses.
Requirements for effective management:
- Obtain necessary licenses for food preparation.
- Ensure consistent quality control and hygiene standards.
- Monitor the supply chain for reliable ingredient sourcing.
Role of mobile phones and ICT in the business: Utilize mobile phones for communication, order management, and customer feedback collection.
Statutory regulations and licenses: Obtain necessary permits for food preparation and comply with regulations for legal compliance.
Pricing: Selling each Mandazi for Ksh 5, ensuring profitability while remaining competitive in the market. Profit Calculation: 2kg wheat flour (50-60 Mandazi) can generate at least Ksh 250.
Profitability: Profit calculation based on production costs and pricing strategy indicates potential for profitability with a good market reach and cost management.
Next steps to take:
- Register the business and obtain the necessary licenses.
- Purchase Mandazi ingredients and kitchenware items.
- Identify suitable business location(s) and commence operations.
- Implement marketing strategies to attract customers and establish partnerships for potential growth opportunities.