This has always been regarded as one family business that do not intend to source for external investors. Any entrepreneur who does not have the capital necessary to start a business might see his business idea remaining just a dream and not becoming a reality.
Completed Opening of Corporate Bank Accounts: However, due to growth and expansion plans, we intend sourcing for capital from just two sources. Plantain is manually peeled, grated in the hammer mill and pressed in the hydraulic jack to dewater it.
In Progress Recruitment of employees: Thailand does the largest global business in cassava because it is not part of their food security. The threat facing our business will be from having a strong competitor operating same products from around the same location.
Lastly, we intend to effectively deploy the use of the internet by using our websites and social media platforms to give customers tips and engage our customers in discourse that will further better our industry and even our customers as well.
It is therefore important that marketing strategies be drafted before a business becomes operational. Completed Opening Online Payment Platforms: Enjoy making money from this business.
However, before we can make this profit, we know that certain factors need to be in place to ensure that we have a chance at sustainability. That is all I can see as I put this article together for you all.
To achieve this, we intend to ensure that we develop just the right strategies that will not only keep our loyal customers glued to us but also attract new customers as well.
However, our additional product yellow garri is guaranteed to not only enlarge our revenue base but also ensure we make enough profit to run our business without external injection of funds in the first three months.
Our Competitive Advantage Every business that is established with the intention of making profit and intends to compete favorably with others in the industry knows that it needs to draft competitive advantage strategies that will enable it to have an upper hand over other businesses in the same industry.
Supply of spare parts at short notice, maintenance, quality control to ensure standard and consultancy services when needed. Completed Generating capital from family members: One of our major competitive advantages is in our hiring or the best professionals in the industry who understands the garri processing business and has keyed into our vision of becoming the best in the agro processing industry.
Garri is produced in the rural areas where cassava is grown by the local women. The company is seeking funding of N 3,3 million naira for immediate cultivation of the land, building and purchase of Cassava stems and other assets necessary for their Cassava cultivation and garri processing operation.
See sample of other Business Plans and Feasibility Study we have written previously. The areas which we intend to source for start-up capital for our business includes; Sourcing for loans from family members Sourcing for loans from Micro-finance bank N. Also, we intend to constantly train our professionals so that their skills can be enhanced which will invariably lead to higher productivity that will be beneficial to the company in the long run.
It can also retire the debt within six months if it operates on two shifts per day. That 1 ton of cassava tuber delivered to the plants is N 5, per ton. A trend in the business is having several storage facilities in strategic locations all around Ogun State and Nigeria in general; this is so as to be close to customers, increase awareness about the brand and also increase patronage for the business, thereby boosting revenue.
We also intend to ensure that our loyal customers and those who refer us are given discounts on certain quantity of garri they buy from us.
Another factor in our favor is the fact that most garri processing businesses in Ogun State and around process only white garri Ijebu and normal which limits them to just certain segments of the market.
This will eliminate massive transportation and distribution costs from your business and help you to make more money and returns running it.
Our employees will not only be professionals with vast experience, we also intend to ensure that they have the best welfare package necessary to improve their productivity, and also the best training to enhance their skills and make them better than their peers in the same industry.
Technician 1welder 1 and electrician 1 will be trained during the installation. Our actual annual demand for gari is 12 million tons but to accomplish this, the production facilities must be improved and up graded and Cassava Product must also improve. Our population grows at the rate of percent annually and this means that the food capacity must also grow commensurately.
Cassava & Garri Production / Processing Business Plan in Nigeria & Feasibility Study. Cassava is a very important crop not only in Nigeria but in Africa at large, it is affordable for both the rich and the poor when compared to other staple foods.
Cassava Master Plan A SSTRATTEEGGIIC AACCTTIOON PPLLAANN FFOOR TTHHE DEEVVEELOPPMMENTT OFF The Nigerian Cassava Production System 30 4.
A SWOT Analysis of the Nigerian Cassava Industry 55 (Gari, etc) 49 The Nigerian Cassava Industry in the World Context 50 World Market 50 Regional Market Starting a Business Producing Garri Fortified with Vitamin A. With a well prepared garri processing business plan, you are good to go.
How to Tap into the Potential of Food Stuff Export. Starting an Energy Drink Production Business – A Complete Guide. GARRI PROCESSING BUSINESS PLAN. 8. CONCLUSIONS The plant is robust and versatile and will help in creating employment in the rural areas while enhancing the availability of gari.
It will reduce the drudgery and stress in gari production and will also attract unemployed graduates to gari processing. The profitability is impressive since it can. Development of a cassava processing plant for producing improved stone-free gari Adegun, I.K Ajimotokan, H.A.
Akinlosoye, A. A. and Babarinde M.S.
() Development of a cassava processing plant for producing improved stone-free Gari. Journal of Agricultural for Gari production is labour intensive, time consuming and drudgery; and is.Gari production business plan