Cassava Flour Production Business Plan in Nigeria
Cassava Flour Production Business Plan in Nigeria
This sample Cassava Flour Production Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Cassava Flour Production Business is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.
Business Description of Cassava Flour Production
Business: CASSAVA FLOUR PRODUCTION
Industry: Agro-Processing (Cassava Flour Production Business Plan in Nigeria)
Cassava Flour is one of the ingredients used in the baking and confectionary industry. It is used in producing bread, biscuits, cookies, cakes, chin-chin, puff-puff, and likes, it serves as a substitute for wheat flour. Over years with the constant growth in the baking and confectionary industry, the demand for flour has increased greatly.
Patilad is well-positioned to offer high-quality cassava flour and its derivatives to the public. We are involved in cassava processing, packaging, and sales to the local and international markets. Our major products are; cassava flour, cassava chips and cassava garri, we ensure that our products circulate around our target market and they are highly satisfied.
The production of HQCF will give cassava farmers ready-market for their excess production hence improving incomes. The business will help reduce post-harvest losses and encourage the primary processing of fresh cassava into cassava flour.
Our target segments include; restaurants, supermarkets, open markets, households, international markets (for exportation), business owners, hotels, caterers, and private chefs/cooks.
The business as a policy will sell its products on a cash-down basis. However, customers who buy in large quantities will be considered for one month’s credit on their own merit.
Our research indicated that cassava flour is mostly used in America, Europe, and Asian countries. Nigeria’s starch and flour are regarded as one of the best in the world today and have international demand and respect too. Also, some foreign companies within the ECOWAS sub-region do come to Nigeria to purchase in bulk.
The benefits of our products and services are
- Well-refined cassava flour
- High-quality packaging
- Healthy cassava flour for the human consumption
- Unique Customer Service
- Affordable and fair prices.
Our products and services
Patilad Cassava Flour is established to maximize profit while we create value. Our production processes are clearly defined and standardized to produce a large capacity that is in accordance with the regulations surrounding the industry.
Our products and services include;
- High-quality cassava flour
- Cassava Chips
- Cassava Garri
Keys to Success
The keys to success for the Cassava Flour Production business include:
- Vast Land for production
- Low operating cost
- Large production capacity to ensure consistent delivery
- Hardworking and reliable staff
- Adequate financial funds
- Efficient and important machineries
- Acquire the necessary regulatory license for our processing mill.
Objective for Cassava Flour Production
- Constant growth in sales daily
- To consistently increase revenue by 30% quarterly from the sales of Cassava Flour and other products.
- To provide quality product at reasonable prices with exemplary services.
- To maintain our customer relationship and also increase by 35% yearly
- To drive awareness and generate sales through mentions in both local print and digital media.
Goal for the Cassava Flour Production
Our goal is to be a one-stop company for cassava flour in Nigeria and also to run a profitable agriculture business.
Vision for the Cassava Flour Production
Our vision is to be among the top 3 Cassava processing company by 2025
Mission for the Cassava Flour Production
Our mission is to exceed the customers’ expectations in every sense by providing quality products in a sustainable way.
Management Team of the Cassava Flour Production
Adebowale Micheal – (B.Agric, MBA): He has over 15 years of experience in the industry. He has a bachelor of Agriculture with a specialization in soil science and a master’s degree in business administration and he is a project management professional. He is our business development strategist and a strategic partner.
Mr Dayo Adetiloye – (B. Agric., MBA, and PMP): He has over 15 years of experience in business management, business start-up dynamics, financial management of business and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan African University (PAU). He is our business development strategist and a strategic partner.
Read also: PLANTAIN FLOUR PRODUCTION BUSINESS PLAN IN NIGERIA
We brought to the business:
- Educational skill and practical experience in Cassava Flour Production business.
- Capacity to consistently provide outstanding service.
- Quality processed products and a good understanding of the market trend.
- Our staff brings operational, marketing, and promotional skills to the business.
Cassava Flour Production Business Plan in Nigeria
Management experience gained for the Cassava Flour Production
With over 10 years of experience in the Agro-Processing Industry and numerous exposure to both the scientific and practical aspect of services, I’ve being able to master the technical requirements, financial management, staff recruitment and organization skills among other things necessary to give the industry good commendation from our clients.
My managerial skill has also helped in putting together a workforce for over 5 years, which will also help me to coordinate the teamwork in most aspect of the company.
I am the CEO of the company overseeing the day-to-day activities of the business.
Materials and Machine for Cassava Flour Production
- Production Factory (Land)
- Generator
- Delivery trucks
- Refining machines
- Granulator
- Flash Fryer
- Hydraulic press
- Detoxifier
- Vibro sieve
- Hammer mill Grater
- Hammer mill with Cyclone
- Packaging machine
- Weighing Machine
Competitor Analysis for Cassava Flour Production
People buy from us because of the following reasons:
- High-quality and well packaged Cassava Flour
- Our Prompt delivery service
- Bulk ordering of cassava flour online.
- Skilled and dedicated Workforce
- Efficient Machineries
- Excellent customer service
- Fair and affordable prices
Our other competitive advantages are:
- Excellent customer service
- Strong distribution network
- Well ventilated Production area
SWOT Analysis for Cassava Flour Business in Nigeria
Strengths
- Large capacity to produce
- Easy access to raw material (Cassava)
- Strong distribution network
- Adequate Equipment and Machineries
- Excellent customer service
Weakness
- Insufficient capital
- Not yet a reputable brand as compare to the already existing firms in the industry
Opportunities
- Growing industry
- The need for healthy Cassava flour in the society cannot be underestimated
Threats
- Unfavorable government policy and regulation
- Economic meltdown can reduce the purchasing power of our customers
- Delay in accessing raw cassava
- Establishment of similar firm in our regions
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