How Much It Cost To Start A Hardware Store In Uganda

How Much It Cost To Start A Hardware Store In Uganda

Hardware are tools, machinery, and other durable equipment.

How Much It Cost To Start A Hardware Store In Uganda

The capital required to start small hardware is 5 Million UGX to 50 Million UGX. The capital required to start big hardware is 100 Million UGX to any other bigger amount.

Tips to start a hardware business in Uganda

Have a business plan that you will follow to the latter. It will help you manage your finances and not overspend.

Advertise your business using posters and even on social media platforms. Tell your friends to tell other friends so that your business can grow.

Study the strengths and weaknesses of other businesses in the same field as yours and get to know how they work with them.

Look for a location with the target market. Urban places, near town centers, and shopping malls are some of the best places to start almost any business. As for hardware, a location that is developing and has many structures being built is the best place to set it up.

As hardware materials are quite a heavy one can offer delivery service to their customers at a small fee.

Items to stock in your hardware

For your hardware to grow, invest in items or products that are bought frequently. Some of these products include;

• Cement
• Metal bars
• Roofing nails
• Plumbing products
• Rods
• Machetes
• Spades
• Hammers
• Wheelbarrows

These are just but a few of the most purchased products.

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