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Executive Summary of Shoes Making Business Plan in Nigeria.

Executive Summary of Shoes Making Business Plan in Nigeria.

  • DayoHub

Executive Summary of Shoes Making Business Plan in Nigeria.

 

PATILAD SHOES is involved in footwear manufacturing, retailing, training and shoes servicing.

 

PATILAD SHOES is a New business and will be registered with Corporate Affairs Commission of Nigeria.

My idea is to be able to train and retrain more hands so as to boost the rate of production as well as to be able to compete with the world class shoe manufactures in the year 2020. I want to revive the dead shoe sector and boost Nigerian economy through exportation of my products as well as create more jobs.

PATILAD SHOES products and services are arranged in five arms of the business unit. Shoe sales  – Shoes, Sandals And Slippers For Male And Female, Both Young and Old.  We produce Moccasins, Casuals, Sandals, Loafers etc., Shoe servicing , Shoe Accessories and Trainings.

Executive Summary of Shoes Making Business Plan in Nigeria.
Executive Summary of Shoes Making Business Plan in Nigeria.

 

DAYO ADETILOYE: He is a business Development specialist and alumnus of the Enterprise development Centre of the Lagos Business School. He has over 10 years’ experience in shoe Making. He is the CEO of the business.

PATILAD SHOES looks to bring in annual sales of N25, 000,000 with an operating profit margin of 20%. Gross margins are at 51%, which is 6 percentage points higher than the retail industry average but in line with fashion retail averages. The breakeven is at the 9th month. Overall, PATILAD SHOES projects to reinvest net profits of 5% into the company for service enhancements and growth initiatives.

 

VISION

To be one of the leading foot ware manufacturing organisations offering high quality and unique product meeting world-class finishing standard

MISSION

To provide quality and customized assortments of shoes to accommodate all varying styles and shapes in regards to our customers liking to attract and maintain them.

CORE VALUES

Perfect Finishing

Integrity

Timelines

OBJECTIVES

 

  • To create a product that is custom designed for each customer satisfying their personal needs.

 

  • Constant growth in sales in 12 months.
  • To generate customer satisfaction so that at least 60% of our customer base is repeat business.
  • To maintain profit margins at 15-20% through close attention to expenses and cost of goods sold

 

KEYS TO SUCCESS

  1. Professionalism:
    • Implementing strict quality control measures throughout the production process.
    • Employing skilled artisans and professionals in shoemaking, customer service, and management.
    • Ensuring all business operations adhere to professional standards and ethics, from manufacturing to sales.
  2. Creativity:
    • Constantly innovating and introducing new designs, styles, and customization options to attract customers.
    • Collaborating with designers and artists to create unique and trendy footwear collections.
    • Offering customizable options for customers to express their individuality through their footwear choices.
  3. Having a good retail outlet in a high-shopping area:
    • Strategically selecting a prime location for the retail outlet, preferably in a bustling shopping district with high foot traffic.
    • Designing an inviting and aesthetically pleasing store layout to attract passersby and encourage browsing.
    • Investing in effective marketing and signage to increase visibility and draw customers into the store.
  4. Quality products and good relationships with vendors:
    • Sourcing high-quality materials and components for shoe production to ensure durability and comfort.
    • Cultivating strong partnerships with reliable vendors to secure timely delivery of materials and negotiate favorable terms.
    • Conducting regular assessments and audits of vendors to maintain product quality standards and address any issues promptly.
  5. Outstanding customer service:
    • Providing personalized assistance and expert advice to help customers find the perfect footwear.
    • Offering hassle-free return and exchange policies to enhance customer satisfaction and loyalty.
    • Training staff to be attentive, friendly, and knowledgeable, ensuring every customer interaction is positive and memorable.

Products and Services

Executive Summary of Shoes Making Business Plan in Nigeria.
Executive Summary of Shoes Making Business Plan in Nigeria.

 

 

 

 

 

 

 

 

 

 

 

PATILAD SHOES products and services are arranged in five arms of the business unit.

  1. Shoe sales – Shoes, Sandals And Slippers For Male And Female, Both Young and Old.  We produce Moccasins, Casuals, Sandals, Loafers etc.
  2. Shoe servicing
  3. Shoe Accessories
  4. Trainings – We Set up Shoe making training school of high quality standard.
  • PATILAD SHOES products and services are arranged in five arms of the business unit. Shoe sales – Shoes, Sandals And Slippers For Male And Female, Both Young and Old.  We produce Moccasins, Casuals, Sandals, Loafers etc., Shoe servicing , Shoe Accessories and

  Read Also : executive-summary-of-multimedia-business-plan-in-nigeria

Market Analysis

Nigerians today have increasingly shown keen interest in locally produced shoes, instead of patronising foreign made shoes or second hand imported shoes. The days seem to have been over when people saw locally produced shoes as inferior shoes, Conversely, the situation now is one in which local shoe brands compete well with shoes made in Italy and other European countries.

 

Over 170million Nigerians cannot do without wearing footwear.  Both  male and female, young and old. This makes our products and services to be on an ever increasing huge demand as few professionals are available in the industry.

Our quality, speed of production and unique delivery is our competitive advantage.

 

PATILAD SHOES target medium/high end income earners and luxury consumers.

 

Executive Summary of Shoes Making Business Plan in Nigeria.
Executive Summary of Shoes Making Business Plan in Nigeria.

Management Team

OYEBADE ADEJUMOBI: He has 10years experience in shoe making and will be in charge of the operations.

DAYO ADETILOYE: He is a business Development specialist and alumnus of the Enterprise development Centre of the Lagos Business School.

ALLO FEMI: He is a graduate of Obafemi Awolowo university, Ile Ife. He has 5years experience in shoe making and will among our operation staff.

 

Financial Plan

Executive Summary of Shoes Making Business Plan in Nigeria.
Executive Summary of Shoes Making Business Plan in Nigeria.

 

 

 

 

 

 

 

PATILAD SHOES looks to bring in annual sales of N25, 000,000 with an operating profit margin of 20%. Gross margins are at 51%, which is 6 percentage points higher than the retail industry average but in line with fashion retail averages. The breakeven is at the 9th month. Overall, PATILAD SHOES projects to reinvest net profits of 5% into the company for service enhancements and growth initiatives.

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 .

We help institutions and organizations to write concepts and implement Business Plan and also train on business Plan writing in Nigeria.
We can help you write a detail, strong and winning business Plan for any use.
Call any of our business plan consultants on: 08105636015, 08076359735
or Send me an email at: dayohub@gmail.com .

Click to buy Shoes Making Business Plan and template now & download it immediately.

 

 

 

 

 

 

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Dayo Adetiloye Business Hub is a grassroot business development service provider with a 6 year of track record of excellent service delivery for local and international clients.

As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).

Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.

Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.

We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.

Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community

Mission Statement:
– Provide bespoke management and business planning consultancy
– To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
– To inspire, empower and champion entrepreneurship in the global online community.

Business Goals and Objective

– Engender national prosperity by contributing to the creation of at least 100 new businesses every year
– Become a go-to brand for outstanding business development services for MSMEs
– Strategic partnership with local and international organization to empower start-ups
– Continuous innovation to serve our clients better

Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness

Share this:

Enter your name and email and Download our FREE eBook, get the weekly newsletter, Update on Grants, Business Opportunities & Premium Services from DayoAdetiloye.com... Joining is FREE!

Dayo Adetiloye Logo

Author

Dayo Adetiloye Logo

Lets connect

Facebook Twitter Youtube

Dayo Adetiloye Business Hub is a grassroot business development service provider with a 6 year of track record of excellent service delivery for local and international clients.

As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).

Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.

Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.

We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.

Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community

Mission Statement:
– Provide bespoke management and business planning consultancy
– To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
– To inspire, empower and champion entrepreneurship in the global online community.

Business Goals and Objective

– Engender national prosperity by contributing to the creation of at least 100 new businesses every year
– Become a go-to brand for outstanding business development services for MSMEs
– Strategic partnership with local and international organization to empower start-ups
– Continuous innovation to serve our clients better

Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness

Share this:

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2 Responses

  1. Pingback: Executive Summary of Colouring & Dyeing Business Plan in Nigeria.
  2. Asad hammed ali says:
    September 22, 2021 at 7:43 pm

    supply your products to Togo

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