Foodstuff Business Plan in Nigeria

FOODSTUFF BUSINESS PLAN IN NIGERIA

Foodstuff Business Plan in Nigeria

Foodstuff Business Plan in Nigeria

This sample Foodstuff Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Notes, Competitions, etc. Foodstuff 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 Foodstuff Business Plan in Nigeria

Business: FOODSTUFF

Industry: FOOD AND BEVERAGES (Foodstuff Business plan in Nigeria)

Patilad foodstuff is a new Foodstuff outlet located in Ketu, Lagos state. It is of necessity that everybody need food to survive. We retail raw food from top manufacturers, our prices are affordable, and our customer care is second to none.

The Nigerian food industry is one of the best-performing industries in the country despite the economic downturn and huge decline in consumer spending power over the years. The industry has grown so well, and consumers are still making the switch from unpackaged and unbranded products to packaged products as they become more aware.

According to data from the World Trade Organisation, Nigeria ranks as the largest foodstuff market in Africa, with both significant investment in the local industry and a high level of imports. Nigeria is the leading consumer of rice in Africa and the second largest globally. Nigeria has a vast market of consumers that is only set to grow in the next few decades. Overall, Nigeria is a market with widespread opportunity, as the population of the country is young and growing.

The food and beverage industry is essential for the Nigerian economy in both financial contributions and employment terms. In fact, food and beverage processing is Nigeria’s largest manufacturing industry. Industry players are diverse in size – from multinationals producing large quantities of fast moving consumer goods (FMCG) to smaller players with the flexibility to meet the lower middle class and more impoverished populations. The industry is very dynamic and driven by diversity, quality, value, and price.

Patilad foodstuff is committed to satisfying customers by providing a broad selection of high-quality and competitively priced products with exceptional customer service. Our focus is to create an environment that is warm, friendly, and clean. Our business is structured  for relevance in both the local and domestic markets with the main objective of promoting the nutritious value of raw food.

Our target audience includes households, wholesalers, retailers, working-class individuals, the elderly, students, hospitals, business people, men, and women, event planners, caterers.

 

The benefits of our products and services are;

  • The availability of varieties of raw foodstuff that are healthy and free from diseases
  • Provision of quality goods and products
  • Excellent customer care services.
  • Lowest possible prices.

Our Products and Services

We will have a wide range of foodstuffs at affordable prices in our store. We will endeavor to make available varieties of goods from top manufacturing brands in Nigeria and beyond.

Our products are as follows;

  • Raw foodstuff (Rice, beans, yam, spaghetti, garri, yam flour, poundo yam, wheat, plantain, etc.)
  • Food seasonings (Maggi, salt, crayfish, tomato paste, jollof rice spice, fried rice spice, pepper soup spice, Cameroon pepper)
  • Dried fish, stockfish
  • Melon seed (egusi), ogbono
  • Palm oil, groundnut oil
  • Consultancy services

 

 

Keys to Success

The keys to success for the Foodstuff business include:

  1. Good retail location in a residential/business area.
  2. Hygienic and neat environment
  3. Online presence
  4. Maintain low operating costs
  5. On-time delivery
  6. Availability of good products
  7. Excellent customer service
  8. Competitive pricing.

 

Objectives for Foodstuff Store Business Plan in Nigeria

  • To make available food to all at affordable rates
  • To increase sales by at least 75% at the second year
  • To launch five new distribution outlets in the fourth year.

Goal for the Foodstuff Business Plan in Nigeria

To be among the first five Foodstuff companies in the next 10 years.

Vision for the Foodstuff Business Plan in Nigeria

To produce pure raw foodstuff that can be free from diseases and is 100% natural and pure.

Mission for the Foodstuff Business Plan in Nigeria

  • To make raw foodstuffs to be accessible in both the local and domestic markets.
  • To ensure that foods sold are free from diseases and germs
  • To make our price rate accessible and affordable.

 

Read Also: Farming Business Plan in Nigeria

Foodstuff Business Plan in Nigeria

Management Team of the Foodstuff Business Plan in Nigeria

Pelumi Agunbiade: She has over nine years of experience in the Food industry, having worked for some leading brands in Nigeria. She has a B.Sc. in Business Administration from the University of Lagos (UNILAG). She is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS).

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.

We brought to the business:

  • Academic skill and practical experience in the Foodstuff business.
  • Capacity to consistently provide high-quality goods and products all year round.
  • Good understanding of the market trend.
  • Our staff brings operational, marketing, and promotional skills to the business.

Management experience gained for the Foodstuff Business Plan in Nigeria

With over seven years of experience in the Foodstuff business and numerous exposure to both the scientific and practical aspects of owning a Foodstuff, I’ve been 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 customers.

My managerial skill has 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 Foodstuff Business Plan in Nigeria

Bag/sacks, trays, measuring cups, nylons, generator, POS terminals, weighing scales, shelve, bowls, containers, rubbers, basins, table, chairs, book for recording, pens, etc.

Competitor Analysis for Foodstuff Business Plan in Nigeria

People buy from us because of the following reasons:

  • Availability of varieties of healthy foodstuff
  • Excellent customer care services.
  • Provision of quality goods and products
  • Lowest prices and discount offers.
FOODSTUFF BUSINESS PLAN IN NIGERIA

FOODSTUFF BUSINESS PLAN IN NIGERIA

Our three significant competitive advantages are:

  • Availability of varieties of healthy foodstuff
  • Excellent customer care services.
  • Lowest prices and discount offers.

Join our Facebook Community Group to learn more about Business development and Grant Opportunities  https://web.facebook.com/groups/dayohub

 

To buy the remaining part of this business plan, including the detailed financial analysis, call any of our business plan consultants on 08105636015, 08076359735 and 08113205312. You can send a WhatsApp message or email us either at dayohub@gmail.com or info@dayoadetiloye.com.

 

We help institutions and organizations write concepts, implement Business plans, and train on business Plan writing in Nigeria.

We can help you write a detailed, bankable and comprehensive business plan for your business idea.

Call any of our business plan consultants on 08105636015, 08076359735 and 08113205312

Or send a WhatsApp message or email us either at dayohub@gmail.com or info@dayoadetiloye.com.

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

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:

GI Vital Soft Gel

Grant Winning Blueprint

How to Turn Yourself into a Live Breathing Cash Machine

Ecommerce Business

Follow me on Facebook

Follow me on Twitter

Share this:

LinkedIn
Facebook
Twitter
Email

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

About Us

Dayoadetiloye.com is a property of Dayo Adetiloye Business Hub committed to connecting entrepreneurs with resources.

We are one stop Business Resource Center where we help you discover, Develop and Fulfil your business potentials.

On this platform, we help you develop business plans and strategies, connect you with funding opportunities and share with your business opportunities.

Facebook Community: https://www.facebook.com/groups/156197005130352/

Twitter: www.twitter.com/dayoadetiloye

Email: Dayohub@gmail.com

Copyright 2023 All rights reserved