RETAIL STORE BUSINESS PLAN IN NIGERIA
Retail Store Business Plan in Nigeria
This sample Retail Store Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc.
Retail Store 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 Retail Store Business Plan in Nigeria
Business: Retail Store Outlets
Industry: Fast Moving Consumer Goods (FMCG)
PATILADWONDER is a network of strong and strategically positioned Retail Store involved in the distribution of general household consumption products. Our major target is major cities around Nigeria.
We are into the distribution of general household products which includes kitchen wares, food items, provisions, skin care/ cosmetics, electronics, telecommunication gadgets, stationeries, etc. We provide a one-stop shop for all household consumables and non-consumables at affordable and the lowest possible fair prices.
We also provide
The benefits of our products and services are
- High quality and varieties products
- Prompt delivery services for online purchase
- Excellent Customer Care Services
- Fair and lowest possible prices
My business meets a need and demand for:
- Trusted and quality household products
- High variety of product choices
- Increase supply and a new choice for home keepers.
- Fair and lowest possible prices
Right from when I was 7 or so, I have had the privilege of being my mother’s personal assistant. I, at various times, worked closely with my mum in managing her network of retails outlets around our city. Also my first degree in Economics has proved of great benefit to the great of the enterprise. Now that I have the opportunity of starting my own firm, I know that the lessons, experience and exposure I had received from those years of working with my mum will prove valuable in running this business. Moreover, there is an insatiable market in my area. I have a great passion for self-reliance and creating job opportunities.
Our Objective Retail Store Business Plan in Nigeria
- Constant growth in sales in 12 months.
- To generate customer satisfaction so that at least 60% of our customer base is repeat business.
- To provide quality product at fair and lowest possible prices with exemplary services.
Our Goal for the Retail Store Business Plan in Nigeria
– To be a one stop-shop in Nigeria for household consumable and non-consumable products.
– Our Vision for the Retail Store Business Plan in Nigeria
To provide exceptional Retail Store Services in a desirable and conducive sales environment while offering products at fair and lowest possible prices.
– Our Mission for the Retail Store Business Plan in Nigeria
To exceed the customers’ expectations by providing quality product and exceptional customer care services in a loving and caring way.
Management Team of the Retail Store Business Plan in Nigeria
OYEBADE Adejumobi Ademola- Has over 12 years’ experience in FMCG industry. He is a certified business consultant and project management professional. 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’ 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:
- Capacity to stock our store on a large scale
- Our experience in the industry bring competence and credibility
- My staff brings operational, marketing and promotional skills to the business
Management experience gained for the Retail Store Business Plan in Nigeria
With over 12 years’ experience in the FMCG industry, I’ve being able to master the technical requirements, financial management, staff recruitment and organization skills among other things necessary to give the firm good commendation from our customers.
My managerial skills has also helped in putting together a workforce for over 5 years, which will also help me to coordinate the team work in most aspect of the company.
I am the CEO of the company overseeing the day to day activities of the business.
Materials and Machines for Retail Store Business Plan in Nigeria
Retail Store, Warehouse, Stationeries, Insurance cost, Advertising Brochures, kitchen wares, food items, provisions, skin care/cosmetics, electronics, telecommunication gadgets, general household goods, toys, candy, greeting cards, and a list of items too exhaustive to list here
COMPETITOR ANALYSIS RETAIL STORE BUSINESS PLAN IN NIGERIA
People buy from us because of the following reasons:
- Availability of high quality and varieties of products
- Fair and lowest possible prices and our discount offers
- Prompt delivery services for online purchase
- Excellent Customer Care
Our two major competitive advantages are:
- Fair and lowest possible prices.
- Availability of high quality and varieties of products.
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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
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