Business Plan on Groundnut Farming and Processing Executive Summary in Nigeria

Groundnut Farming and Processing Executive Summary

Business Plan on Groundnut Farming and Processing Executive Summary in Nigeria

Introduction

NCS GROUNDNUTS is made up of allow capital venture aimed at creating income to we the producers, the distributors and as well as satisfying the urge of hunger. Groundnut a daily consumption provides nutrients to to the body, it can be served during or after meal. For individuals that wants to keep mood going like during conference meeting, indoor party, for guest visit and for students during reading to keep up can go for these groundnut because it is affordable, available and attractive anytime.

Overview

This sample Groundnut Farming and Processing Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Groundnut Farming and Processing Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Jude Okon to help you start the Implementation.

Business Description of Groundnut Farming and Processing Business Plan in Nigeria

Business: GROUNDNUT FARMING AND PROCESSING

Industry: Agro Processing (Groundnut Farming and Processing Business plan in Nigeria)

NCS GROUNDNUTS is a leading and standard Groundnut farm that intends to produce Groundnuts, and other related items. Our farm is located at Kontangora, Niger State. Groundnut or groundnut is one of the most important oilseed crops globally and it contains 45% oil and 26% protein. We also produce cooking groundnut oil to domestic and commercial customers not only here in Nigeria but also all over the world. We will also engage in offering other services in addition to our core service to our various customers.

Our intention of starting our own Groundnut farm is so as to be able to sell highly refined and quality products to our clients. our business is not just for profit making but to also compete favorably with our competitors both nationally and internationally. Because of the best practices standard we have set for ourselves, we have ensured that we procured the best pressing and refining machineries that will allow us to be able to produce quality and refined groundnut oil. Our packaging methods are also up to standard as we carry out all our activities with hygiene in mind so that we are able to set a standard for our customers.

GROUNDNUT FARMING AND PROCESSING BUSINESS PLAN IN NIGERIA

Getting the best distribution networks are very important for this kind of business and so we have secured the best channels that will see our products get to the end users. We will continue to seek for the best means at ensuring that our products get to our consumers at the right time.

We will ensure that we source for our raw materials from reliable vendors and suppliers, who use organic means to grow the crops, so as we will be able to give our customers the organic refined Groundnut that is part of our corporate identity. Groundnut contains health benefiting nutrients, minerals, antioxidants and vitamins that are essential for human health, it is also an excellent source of resveratrol and the Groundnut kernels are good source of dietary protein; compose fine quality amino acids that are essential for growth and development.

NCS GROUNDNUTS intend to incorporate good work ethics as our corporate goal and also be renowned for our transparency standards. In order to ensure that we adhere to our corporate culture, we will recruit the best professionals possible that not only understand the industry we are in but also understand our company’s policies and are dedicated to ensuring that we are able to achieve our goals and objectives. We will ensure that we get our employees to undergo continuous training that will not only enhance their skills but make them increase productivity for our organization. We will also ensure that our employees are well paid and undergo performance appraisals that will make them put in their best.

The benefits of our products and services are

The provision of high quality and purely refined Groundnuts.

Standard packaging.

Excellent customer care services.

Fair and lowest possible prices.

KEYS TO SUCCESS

Financial stability for purchase of dried groundnut.

Low operating cost and efficient processing techniques.

Ensuring an efficient and highly motivated distribution team.

Maintenance of Hygienic, safe and human friendly processing facility.

Acquire necessary regulatory licence for our processing mill.

Offer consistently quality processed products.

Outstanding customer service and faster processing duration.

Our products and services

NCS GROUNDNUT intends to produce and supply high quality and refined Groundnuts to our teeming customers here in Nigeria and beyond. Our aim as a business is to ensure that we not only generate revenue but maximize profit as well and to this end, we intend to create multiple sources of income so as to have a solid bottom ground. Our products and services are listed below;

Sale of Groundnuts, groundnut and groundnut oil for domestic and commercial purposes.

Sale of by product-oil cake, groundnut shell

Consultancy services

Delivery services

Keys to Success

The keys to success for the Groundnut farming and processing business include:

Low operating cost and efficient processing techniques.

Ensuring an efficient and highly motivated distribution team.

Maintenance of Hygienic, safe and human friendly processing facility.

Acquire necessary regulatory licence for our farm.

Offer consistently quality processed products.

Objective for Groundnut Farming and Processing Business Plan in Nigeria

To Increase production efficiency by 10% a year.

To maintain profit margins at 20-25% through close attention to expenses and cost of Groundnut production.

To develop a product-based company whose goal is to exceed customers’ expectations.

To develop a sustainable farm, surviving off its own cash flow.

GROUNDNUT FARMING AND PROCESSING BUSINESS PLAN IN NIGERIA

Goal for the Groundnut Farming and Processing Business Plan in Nigeria

To be among the first 5 Groundnut farming company in Nigeria by 2025.

Vision for the Groundnut Farming and Processing Business Plan in Nigeria

Our vision is to ensure that we produce high quality and well refined products for our teeming customers.

Mission for the Groundnut Farming and Processing Business Plan in Nigeria

In order to ensure that we achieve our vision, we intend to ensure that we get the best equipment and also hire the best employees so that we will be able to achieve our goal of producing highly refined and quality Groundnuts and other related products.

Management Team of the Groundnut Farming and Processing Business Plan in Nigeria

TEMILOLA Asikhia – is a topmost entrepreneur who has more than 15 years’ experience in the industry and also in a managerial role. She has a B.sc and Master’s Degree in Agricultural Science from Yaba College of Technology, Lagos.

Mr Jude Okon– (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.Best online courses

We brought to the business:

Educational skill and practical experience in Groundnut Farming and Processing

Capacity to consistently provide outstanding service.

Quality processed product and good understanding of the market trend.

Our staff brings operational, marketing and promotional skills to the business.

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Management experience gained for the Groundnut Farming and Processing Business Plan in Nigeria

With over 10 years’ experience in Agricultural Industry and numerous exposure to both the scientific and practical aspect of services, I’ve being 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 clients.

My managerial skill 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 Groundnut Farming and Processing Business Plan in Nigeria

Piece of land, Industrial generator, Gold crown, sucker, delivery truck, SS tank, steam pressure reducing station, processing machines, Groundnut groundnut sheller, Groundnut harvester, etc.

GROUNDNUT FARMING AND PROCESSING BUSINESS PLAN IN NIGERIA

Read Also: Beanscowpea-Farming-Business-Plan-in-Nigeria

Competitor Analysis for Groundnut Farming and Processing Business Plan in Nigeria

People buy from us because of the following reasons:

High quality and well refined products.

Standard packaging and prompt delivery services.

Effective customer care service.

Fair and best possible prices and discount offers.

GROUNDNUT FARMING AND PROCESSING BUSINESS PLAN IN NIGERIA

Our three major competitive advantages are:

Standard packaging and prompt delivery services.

High quality and well refined products.

Fair and best possible prices and discount offers

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