CATFISH BUSINESS PLAN IN NIGERIA
Catfish Business Plan in Nigeria
This sample Catfish Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Notes, Competitions, etc. Catfish Business Plan 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 Catfish Business Plan in Nigeria
Business: Catfish
Industry: Catfish (Catfish Business plan in Nigeria)
Patilad catfish is a new catfish farm involved in producing and selling different catfish sizes at affordable rates. Our farm is located in Lagos State, Nigeria. We are registered under the Corporate Affairs Commission (CAC).
Our catfish are carefully taken care of, feed adequately, water changed periodically, and in a neat environment. Our catfish are handled by professionals who ensure the farm is kept clean and highly hygienic. Our products are well cared for primarily in their own best way and well preserved.
We package and sell our catfish to wholesalers, retailers, and individuals for healthy and local consumptions. To carry out practical farm work, we have hired some professionals in catfish to train other staff to fit in and work excellently.
The Nigerian fish industry as of 2013 was estimated at ₦80 billion (N600 million) and comprises approximately 165 million fish, which produced 290,000 MT of catfish meat in 2013 only. Nigeria’s catfish production is the largest in Africa (Egypt is the next largest at 540,000 MT of catfish).
The demand for food is widely increasing, and opportunities for production are available in the industry. In contributing our quota to the country’s food production, Patilad catfish was established and, above all, to make a profit. We have in place strategies and plans to help us practice the best in the business, such as employing competent and hardworking staff, abiding by the laws of the catfish Industry and associations in Nigeria, and emphasizing a customer-centric service where the customer’s needs are always the priority.
We will provide jobs for youths in the community, and roles include manager, farmworkers, cashier, marketers, drivers, etc. The creation of jobs will reduce joblessness and also increase the standard of living.
Our customers may choose to walk in and buy whatever they want or order online, and we deliver to their various homes.
The benefits of our products and services are
- The provision of high-quality catfish
- Different sizes of catfish at affordable prices
- Prompt delivery services
- Fair and lowest possible prices
Objective for Catfish Business Plan in Nigeria
The objectives for the first three years of operation include:
- To provide healthy catfish at affordable rates.
- To create a service-based company whose goal is to exceed customer’s expectations.
- To reduce operating cost
- To increase revenue by 30% in the second year
Our Goal for the Catfish Business Plan in Nigeria
To be a prosperous Catfish in Lagos state Nigeria and its environs by providing excellent sales services and products.
Vision for the Catfish Business Plan in Nigeria
To provide a one-stop location for accessing high-quality, reasonably priced, and convenient catfish while offering products at reasonable prices.
Mission for the Catfish Business Plan in Nigeria
Patilad catfish’s mission is to provide the best and top-notch catfish by wholesaling and retailing. We want to build a catfish business that can favorably compete with other Catfish brands in Nigeria.
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Catfish Business Plan in Nigeria
Management Team of the Catfish Business Plan in Nigeria
Adetunji Akanbi: He is highly knowledgeable in the Catfish business. He has over seven years of experience in the industry. He is a graduate of Kwara State University. He will be in charge of day to day activities of the business.
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.
Faith Maduka: She is in charge of sales, marketing, and distribution. She finished at the University of Ibadan. She has over five years of experience in marketing.
We brought to the business:
- Academic skill and practical experience in the catfish business.
- Ability to provide reasonably priced, convenient for every household
- Capacity to consistently deliver, meet and exceed customer’s expectations.
- Good knowledge of the market
- Our staff brings operational, marketing, and promotional skills to the business.
Management experience gained for the Catfish Business Plan in Nigeria
With over 15 years of experience in the catfish business and numerous exposure to both the scientific and practical aspects of the Catfish business, I’ve been able to master the technical requirements, financial management, staff recruitment, and organization skills, among other things necessary to give the excellent firm commendation from our clients.
My managerial skills have also helped put together a workforce for over 5 years, which will also help me coordinate the teamwork in most aspects of the company.
I am the CEO of the company overseeing the day-to-day activities of the business.
Materials and Machine for Catfish Business Plan in Nigeria
Pond, Protective Nets, Fish Feed, Pumps and Pipes, Aeration Devices, Seine Reels, Generator, Fish graders, water pumps and filters, Adequate cleaning supplies (brushes, mops, vacuums, disinfectant, and so on).
COMPETITOR ANALYSIS CATFISH BUSINESS PLAN IN NIGERIA
People buy from us because of the following reasons:
- The provision of high-quality catfish
- Superior and personalized customer’s attention
- Our highly trained, courteous, and professional farmers
- Reasonable prices and discount offers
Our three significant competitive advantages are:
- The provision of high-quality catfish
- Superior and personalized customer’s attention
- Reasonable prices and discount offers
For the remaining part of this business plan, including the detailed financial analysis, call any of our business plan consultants on 08105636015 or 08076359735 or send me an email at dayohub@gmail.com .
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