NewStats: 3,262,108 , 8,176,091 topics. Date: Saturday, 31 May 2025 at 07:33 PM 6b5rc

See I have a bakery and the truth is i have been operating it for over 3years and its doing well, but immediately when the war started and everything became expensive it's very hard to make huge profit and d competition is now much am still running it thou, but I cant save from it I will advice you look for another business cost of production is on the high side am even planning to lease mine sef I have more than 12 workers

dennis3888:
Good day everyone please i need your candid advise and opinion

Am about to leave my bank job of seven years with a salary of 100k for a new business note the business has already been set up already

my fears is that am married and you know what that means i have ready responsibilities. so am now having fears that what of it doesn't work (which have been praying about seriously).


probably the fears is just in my head. your opinion please

dennis3888:
Good day everyone please i need your candid advise and opinion

Am about to leave my bank job of seven years with a salary of 100k for a new business note the business has already been set up already

my fears is that am married and you know what that means i have ready responsibilities. so am now having fears that what of it doesn't work (which have been praying about seriously).


probably the fears is just in my head. your opinion please

Dont resign....
Train Madam to be the Manager...
her during weekends....
In addition you will have 2 stream of income...
Salary and Bakery...
No need to close any one...
In addition, you need a min of 3 to 5yrs for a biz to get stable
In due time...you will know if you can resign to face bakery...

FreeStuffsNG:
Don't try it

You dont have business idea at all.

Why not set up the bakery and employ those who will manage it for you while, you continue your banking job. You may later resign when the business is booming

dennis3888:
Good day everyone please i need your candid advise and opinion

Am about to leave my bank job of seven years with a salary of 100k for a new business note the business has already been set up already

my fears is that am married and you know what that means i have ready responsibilities. so am now having fears that what of it doesn't work (which have been praying about seriously).


probably the fears is just in my head. your opinion please

dennis3888:
Good day everyone please i need your candid advise and opinion

Am about to leave my bank job of seven years with a salary of 100k for a new business note the business has already been set up already

my fears is that am married and you know what that means i have ready responsibilities. so am now having fears that what of it doesn't work (which have been praying about seriously).


probably the fears is just in my head. your opinion please

Since you have set up the business, I will advise you go ahead but do the followings

Take a month leave if it will be granted for you

Go for three days intensive training on bakery and go with your wife if possible

Then take off the bakery while on leave and watch how it grows

For the next three weeks remaining in your leave, get someone to be paid and both you and your wife will follow up watching, observing and taking notes of where to improve

By the time you return back to work, give yourself up to six months to pull out finally and face the bread business

That is if you Ike what you are getting there

guru90:




You dont have business idea at all.

Okay. No vex ehn. Just go into it. Go ahead and experience it

Is your wife working ? Why can you allow ur wife to handle the bakery business and if what you realized on the business monthly is times 2 if ur bank work, you can quit,

dennis3888:
Good day everyone please i need your candid advise and opinion

Am about to leave my bank job of seven years with a salary of 100k for a new business note the business has already been set up already

my fears is that am married and you know what that means i have ready responsibilities. so am now having fears that what of it doesn't work (which have been praying about seriously).


probably the fears is just in my head. your opinion please

Bro you don't have to be sure of anything, every successful business owners today took chances and risk, starting up a business is all trial and error, just go for it, ignore the doubt in your head

dennis3888:


She's working also and she has no experience running bakery unlike me

I just want to be sure of what am doing

Thanks for your address bro

dennis3888:
Good day everyone please i need your candid advise and opinion

Am about to leave my bank job of seven years with a salary of 100k for a new business note the business has already been set up already

my fears is that am married and you know what that means i have ready responsibilities. so am now having fears that what of it doesn't work (which have been praying about seriously).


probably the fears is just in my head. your opinion please

You'll either make it or learn a better way to make it.

It's better than the regret of not trying.

Get people to work there first to understand the business.... don't go rushing into the unknown

dennis3888:
Good day everyone please i need your candid advise and opinion

Am about to leave my bank job of seven years with a salary of 100k for a new business note the business has already been set up already

my fears is that am married and you know what that means i have ready responsibilities. so am now having fears that what of it doesn't work (which have been praying about seriously).


probably the fears is just in my head. your opinion please

Good u are scared ,turn that to ur main motivation n see urself coming out better Dan u imagine

Please don't leave the job because price of flour and butter is not stable instability of raw materials kill business

Have you done your business plan to manage your expectations. Do you understand the workings of the business. Have you gone on training to understand the process. Do you have your certification. Why don't you go on one month leave first to familiarize yourself with the business.

Bakery is not banking. You will be dealing with artisans. It is a job you must be on site daily otherwise there will untold consequences. Please look before you leap. My one kobo advice

Gottiii:
Abeg.. do lawyers really make money ?

very good question. To me i think thats if lawyer is d with top law firms.

northbird:


What's your wife doing? Is she currently working...
You can test waters for 3 months by getting your wife to oversee the bakery for two days ( Tuesday and Thursday). You will run staggered production... For now operate strictly 3 or 4 day week cycle.

Tuesday, Thursday, Saturday and Sunday.
While you take over weekends ( sat & Sun)

See how it goes for the 3 months,then you decide whether to go full scale.
Target the retail end... ₦100,150,200 ₦500. units of bread move faster... ₦150 and ₦200 especially if you live in a youth dominant environment.

Congrats chief, bread money is daily money..

Beautiful analysis. That's why I like nairaland

Bakery wey people dey run comot na him you won go chok head? Well it might work for you sha

Bakers are cashing out these days.

Imagine a loaf of bread for 1k. Bake 100. That 100k

Since the business has been set up already, you should know the numbers you're getting by now. If they're good, if they can be improved etc it's up to you .

Bro please make sure you are nice to your bakers, e geh why o.

Don't ever underrate them, I'm talking from what I don see my korokoro eyes see.

I wish you all the best

If you have enough capital go ahead. You are making one of the best decisions of your life.

dennis3888:
Good day everyone please i need your candid advise and opinion

Am about to leave my bank job of seven years with a salary of 100k for a new business note the business has already been set up already

my fears is that am married and you know what that means i have ready responsibilities. so am now having fears that what of it doesn't work (which have been praying about seriously).


probably the fears is just in my head. your opinion please

My advise . How much do you generate as profit at the moment. . Mind you once you quit the job no more steady 100k .. what is it customer base ! . Ad what kinda market do you run ! . Can you make at least 200k monthly from the business take into consideration payment of salaries and logistics . ( No salary to fall back if there is a default ) Banking job can be frustrating especially the contract staff (stagnant salary earners) Above all pray about it before you make any Move .Make sure you and your wife are on the same page.

dennis3888:
Good day everyone please i need your candid advise and opinion

Am about to leave my bank job of seven years with a salary of 100k for a new business note the business has already been set up already

my fears is that am married and you know what that means i have ready responsibilities. so am now having fears that what of it doesn't work (which have been praying about seriously).


probably the fears is just in my head. your opinion please

Your plan is good but DON'T QUIT CURRENT JOB IF THERE'S NO OTHER INCOME SOURCE NO MATTER HOW SMALL. The truth is that if start now and get someone to manage it for you, the person won't do it well like you will do it but a time you come when u will be convinced urself to drop ur salary job and fully takeover urself. By that time, that manager I've engaged won't be happy with you because the money is getting illegal from ur business will stop (if he's not faithful) and he will complain u take over after he has stabilized ur business for you.

dennis3888:
Good day everyone please i need your candid advise and opinion

Am about to leave my bank job of seven years with a salary of 100k for a new business note the business has already been set up already

my fears is that am married and you know what that means i have ready responsibilities. so am now having fears that what of it doesn't work (which have been praying about seriously).


probably the fears is just in my head. your opinion please

if you motor that can transport it to buyers then you are good to go.

can you please link me to your job? would really appreciate

worldclass68:
Bakery (loaf) job is delicate.....especially in Nigeria, not stable at all...u could hit millions in a month and bankrupt (x3) the following month......
If u have anyone u fit trust to help u manage it while u self go dey come there after work and especially in the weekends until u re very sure say hin don stable.... You be consultant.




" pls make sure u re nice to ur bakers, its very important, especially if u don't have any knowledge about it all.

dennis3888:
Good day everyone please i need your candid advise and opinion

Am about to leave my bank job of seven years with a salary of 100k for a new business note the business has already been set up already

my fears is that am married and you know what that means i have ready responsibilities. so am now having fears that what of it doesn't work (which have been praying about seriously).


probably the fears is just in my head. your opinion please

You shouldn't had set up a bakery without seeking for advice, raw materials for bread is damm expensive now, flour, sugar, gas etc are now out of reach, people hardly buy bread because of it high costs.

Never the less, just start and work smart to break into the market. Good luck.

dennis3888:


She's working also and she has no experience running bakery unlike me

I just want to be sure of what am doing

Thanks for your address bro

Get a trusted person to run the business,while you get involved Saturdays and Sundays . Test it for 3months . That should be enough time to reach a decision .

dennis3888:
Good day everyone please i need your candid advise and opinion

Am about to leave my bank job of seven years with a salary of 100k for a new business note the business has already been set up already

my fears is that am married and you know what that means i have ready responsibilities. so am now having fears that what of it doesn't work (which have been praying about seriously).


probably the fears is just in my head. your opinion please

Boss please link me to your job

I would advise you start up while you hold down your job, atleast till it's profitable before reg.

dennis3888:
Good day everyone please i need your candid advise and opinion

Am about to leave my bank job of seven years with a salary of 100k for a new business note the business has already been set up already

my fears is that am married and you know what that means i have ready responsibilities. so am now having fears that what of it doesn't work (which have been praying about seriously).


probably the fears is just in my head. your opinion please

Don't quit, start the bakery before you quit. Bakery business right now is going through a lot. Except if you have an exceptional business plan, and to do this you must be properly involved before you come out with a plan. A start up plan without feasibility study will quickly end in tears. Trust me.