RICE RETAILING AND DISTRIBUTION BUSINESS PLAN IN NIGERIA
Rice Retailing and Distribution Business Plan in Nigeria
This sample Rice Retailing And Distribution Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Rice Retailing And Distribution 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 Rice Retailing and Distribution Business Plan in Nigeria
Business: Rice Retailing and Distribution
Industry: Agriculture (Rice Retailing Business plan in Nigeria)
PATILADWONDER is an agro-allied food retail company which has a wide network distributorship of widely consumed and highly nutritious local rice from indigenous rice milling company. We are a standard and registered rice retail store business that will be located in one of the busiest streets in Danjuma, Akure. We have been able to lease a facility that is big enough to fit into the design of the kind of standard rice retail store that we intend launching and the facility is located strategically within the largest residential estate in Akure.
PATILADWONDER will retail short-grain rice, and medium-grain local rice from different local brands in Nigeria. We are set to service a wide range of clientele in and around. We are aware that there are several large and small chains of rice retail store outlets all around Akure and the South-West, which is why we spent time and resources to conduct a thorough feasibility studies and market survey so as to be well positioned to favourably compete with all our competitors. We are accessible to our customers online, and our outlet is well secured with various payments of options.
PATILADWONDER will ensure that all our customers are given first class treatment whenever they visit our rice retail store. We have a one on one relationship with our customers no matter how large the numbers of our customers’ base may grow to. We will ensure that we get our customers involved in the selection of brands that will be on available in our store and also when making some business decisions.
PATILADWONDER will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible.
We will ensure that we hold ourselves accountable to the highest standards by meeting our customers’ needs precisely and completely whenever they patronize our products. We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our customers.
PATILADWONDER is a family business that is owned by Akingbule Ronke and her immediate family members. Akingbule Ronke has a B.Sc. in Business Administration, with well over 5 years of experience in the retailing stores industry, working for some of the leading brand in Nigeria. Although the business is launching out with just one outlet in Danjuma Akure, but there is a plan to open other outlets all around major cities in around South-West Nigeria. We are committed to the improvement and appreciation of locally produced rice in Nigeria.
The benefits of our products and services are
- All year round availability of quality brands of locally produced rice
- Swift delivery service, favorable discounts
- Well organized network chains of distribution in Akure and beyond
- Excellent customer care services
- Fair and lowest possible prices
Beyond just a science or profession, food retail business is an enterprise I had invested the most of my time as an individual. As a way of practice, I have also devoted the most of my time and resources to managing and expanding my family’s little agro-allied food retail business at Oja Oba Akure into a commercial outfit. 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 on my family’s garden will prove valuable in running this business. My first degree in Agriculture from the Obafemi Awolowo University, Ile-Ife, will be of great benefit to the growth of this new enterprise. Moreover, there is an insatiable market in my area. I have a great passion for self-reliance and creating job opportunities.
Objective for Rice Retailing & Distribution Business Plan in Nigeria
- To establish 1000 points of delivery across south-west Nigeria in the first year.
- To establish thriving sales relationship with bulk purchaser who market our brand.
- To achieve net profit in year one, increasing in year two, by containing costs and meeting sales goals.
- To provide quality sales service and products at fair and best possible prices.
Our Goal Vision for the Rice Retailing & Distribution Business Plan in Nigeria
To be the leading Rice Retailing & Distribution Business in South- West Nigeria and its environs through the provision of excellent sales services and products.
To provide a one-stop location for accessing high quality, nutritional, and standard rice in a desirable and conducive environment while offering products at the best possible prices.
Mission for the Rice Retailing & Distribution Business Plan in Nigeria
Our mission is to establish a top class rice retail store business that will make available our premium branded packaged and bagged rice from top rice production brands at affordable prices within the states and other key cities in Nigeria where we intend opening of chains of rice retail stores and franchise.
Management Team of the Rice Retailing &Distribution Business Plan in Nigeria
OYEBADE Adejumobi Ademola – is highly knowledgeable in food retailing business. He has over15 years’ experience in the industry. Moreover he is a graduate of Accounting and business management from the prestigious University of Ibadan. He is versatile business man and a key note person in the rice distributors association in Akure. 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:
- Educational skill and practical experience in Rice Retailing Distribution
- Capacity to consistently provide high quality, nutritional, vegetables and fruits all year round.
- Valuable processing skills that makes us own the value chain to a good extent.
- Quality processed product and good understanding of the market trend especially as it is affected by seasons.
- Our staff brings operational, marketing and promotional skills to the business.
Management experience gained for the Rice Retailing & Distribution Business Plan in Nigeria
With over 10years’ experience in Rice Retailing & Distribution business and numerous exposure to both the scientific and business aspect of the rice retailing business , 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 clients.
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 Machine for Rice Retailing & Distribution Business Plan in Nigeria
Ware House, Stainless steel racks, air vents, water treatment devices, Backwash facilities, ultrasound anti-pest equipment, fork-lift, office equipment, tagging machine, electronic scale, Business office building which includes sales area, reception, etc.
Competitor Analysis Rice Retailing & Distribution Business Plan In Nigeria
People buy from us because of the following reasons:
- High quality, well packaged and bagged rice products
- All year round availability of our customers’ choicest local rice brands
- Technologically improvised means of preservation and rodents elimination
- Well trained staffs to deliver excellent service
- Excellent customer care services
- Fair and best possible prices and discount offers
Our three major competitive advantages are:
- High quality, nutritional, hygienic and premium rice brands
- All year round availability of all premium local rice brands
- Fair and best possible prices and discount offers
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