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How To Write A Business Plan In Nigeria (Free Samples And Templates)
This post concludes is the last of the series on “How to write a business plan” . The major challenge when it comes to writing a business plan is knowing where to start from. This most business owners and entrepreneurs don’t always get right. Looking through existing business plan templates gives a clear picture of what your business plan should look like.
This post contains a long list of free sample business plan templates that will give you the easy start you really need to write your own business plan.
1. Catering Business Plan
If you love to cook and are thinking about starting a business, combine the two and start a small catering business. But how do you start a small catering business? It’s by having a great business plan detailing every aspect of the business before you get started.
2. Event Planning Business Plan
Starting a catering business in Nigeria is a lucrative business with very good returns, with thousands of events and parties happening every weekend across the country. Event planning business requires a combination of education if necessary, an experience and excellent networking.
Also Read: How to Write a Business Proposal for Clients in Nigeria.
3. Hair & Beauty Salon Business Plan
Salon Business is one of the best and lucrative business in Nigeria right now because it does not cost much and requires little capital to start. Either a barbing salon or beauty salon for women pay a lot because it requires no college degree to start one but skill.
4. Day Care & Child Care Business Plan
Many Nigerian mothers are working at paid jobs or running their own small businesses which consume most of their time. As a result of this trend, there is a growing opportunity for convenience services like child and day care center businesses.
5. Driving School Business Plan
Are you an expert driver? Can you successfully teach others how to drive? If yes, you may be qualified to start a car driving school. There is a great opportunity in this business because most Nigerian are looking forward to owning their own cars. School leavers are also eager to learn how to drive.
6. Agriculture Farm Business Plan
Nigeria is blessed with a favorable soil and climatic condition that can accommodate crops such as onion, carrot, cocoa yam, pear, potatoes, okra, vegetables, beans and so much more. Starting an agriculture farm business is a profitable business opportunity with so much market to serve.
7. Feed and Farm Supply Business Plan
The feed farm production industry has been largely promoted as one of the most profitable agribusinesses to venture into. Africa, especially Nigeria, has a major impact on the worldwide production and distribution of livestock feed.
Also Read:Â [PART 1] How to write a business plan â Tips when writing your business plan.
8. Fitness Gym Business Plan
Health they say is wealth; the need for health is the need of all both young and old, both for the rich and the poor alike. Would you like to invest in the fitness business, or are you thinking of a business to invest in? You should consider this business option.
9.Pharmacy Business Plan
Pharmacy or drug store business, whether we like or not, has become an integral part of the Nigerian economy today. In a nutshell, drugstores are described as retail establishments that market drugs, be it prescription-based, proprietary, or nonprescription medicine.
10. Fast Food Restaurant Business Plan
The fast-food business in Nigeria is a very profitable business. Food is something we cannot do without even if itâs once a day. The growing population of Nigeria with over 180 million people is also a high contributing factor to the profitability of fast food business in Nigeria. Amidst the current global crisis, one line of business in Nigeria that continues to promise greater returns on investment is the fast food business.
11. Bakery Business Plan
The consumption of bread and other bakery products such as biscuits, chin-chin, gala and meat pie among others, has created a huge market for the wheat flour industry. This sector has provided a lot of opportunities while more opportunities are still open for interested investors that are willing to invest some cash.
12. Internet Cafe Business Plan
The demand for internet cafe services in Nigeria is high especially in business enabled environments like tertiary institutions, offices and in different work areas. This business is one of the profitable medium scale businesses in Nigeria; the business can give a high-profit margin when managed properly.
13. Clothing Boutique Retail Business Plan
Starting your own clothing shop boutique is a good business idea in Nigeria because the fashion industry is one powerful sector that will always be vibrant in any economy because all over the world, people have a basic need for clothing. Beyond this need, fashion is also evolving on daily basis due to the huge and diverse interest in styles.
Also Read: [PART 2] How to write a business plan â Basic template contents & structure.
14. Automotive Car Repair Business Plan
Nigeria is and will always be a big market for cars, both used and new ones. Compared to other African countries, Nigeria alone spends up to $5 billion dollars every year importing vehicles (especially second-hand) from the USA, Canada, Europe, and Asia. Which makes the industry an area worthy of investing.
15. Car Wash Business Plan
The good aspect of this business is that it does not necessarily require a large amount of capital or funding especially when you intend to start. For those who have enough money to invest, this will be a good decision as with more money invested, the business can grow much better and faster leading to better and profitable returns.
Other business plan samples and templates include;
16. Used Cars Sales Business Plan.
17. Online Print Shop Business Plan .
18. E-commerce Retailer Business Plan .
19. Coffeehouse Business Plan.
20. Night Club Business Plan.
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SAMPLE BREAD AND BAKERY BUSINESS PLAN IN NIGERIA
This SAMPLE BREAD AND BAKERY BUSINESS PLAN IN NIGERIA  is useful for apprentices in training, small and medium scale business owners, large scale businesses, accessing Bank Loans, Equity funding and Grants. This business plan can also be used in Proposal Writing, developing Business Concept Notes, understanding industry and market analysis and so on .
FEGEOSTOM produces bread and other backed products such as cake, pastries, pies and in Osogbo, Osun State. Nigeria. We supply to households, offices and retailers. We also offer apprenticeship training and consultancy in the industry. Â
 Mr Akinyemi Femi who started the business is a graduate of Family Nutrition and Consumer Sciences. He has wide experience in the industry having work in one of the most reputable bakeries in Lagos state.
Our goal is to be one of the best three bakery in South West Nigeria. Our equipment are word class and our ovens are specially fabricated to produce a bread so fresh that our market outrun competitors on daily basis.
Our core value is high level neatness throughout the process of production. We already receive approval from the National Food and Drug Control (NAFDAC) Consumer Protection Council (CPC) and other relevant agencies.
We present a meet up with experts in Bakery business in Nigeria facilitated by industry professionals with chains of experience and outstanding achievements. We will take you by the hand through all important steps in this business with up-to-date market knowledge. CLICK HERE FOR MORE
We recruit mostly through the apprenticeship process and invest so much in continuous training of our workers. We are proud to say that we have some of the best bakery professionals in Nigeria.
In Nigeria, the demand for bread and baked product is increasing on a daily basis and this is good news for us who want to extend our market outside Osogbo and other parts of the South West. Â We have very strong distribution channels that supply fresh backed products on daily basis. We also have a very good online presence on Facebook, twitter and so on
We are known for a unique taste different from other bakery around and this has made our customers always want to come back. As a result of this, our customers are increasing on daily basis.
The financial projection in our feasibility studies shows that we need 25 Million naira for expansion. There is consistent profit margin in the next three production years with positive cashflow.
- Our Product and Services
FEGEOSTOM has diversified products that require the same equipment to produce. We also offer consultancy service and a government approved apprenticeship training programme. Our products include:
- Bread made from flour, fruits and wheat
- Cakes of events and cup size
- Pizza and pies
- Consultancy Services and
- Â Apprenticeship training
Our Vision Statement
To be among the best three bakeries in the country in the next 6 years.
- Our Mission Statement
To provides excellent products, first class customer service, and consistent professionalism.
MARKET ANALYSIS FORÂ SAMPLE BREAD AND BAKERY BUSINESS PLAN IN NIGERIA
In Nigeria, baking related businesses creates more than 50 Billion Naira average income per year. There are about 5,000 bakeries in the South West alone.
In one of the Nigerian most reliable food research report for 2018, bread and other baked product has been on top of fast food and snacks by volume for the past three consecutive years. Profit remain consistently attractive despite rise in the cost of production especially due to the last recession. Bakery also top the list of employers in the food industry as it generates nearly 53% of employment in the food production sector
Top list of bakery products according to market demand include
- Bread (made with flour, wheat and fruit) :45%
- Cakes (events and cup size) :25%
- Different kinds of Pies: 15 %
- Others including pizzas 15%
There is growth forecast of 5% in the market for bread and 2% increase in other baked products in the next five years. This is due to Nigeria economy crawling out of recession, increased minimum wage and innovation in the bakery industry that make products of better quality.
SWOT ANALYSIS FOR SAMPLE BREAD AND BAKERY BUSINESS PLAN IN NIGERIA
·        Extensive range of products for different customer segments ·        First class equipment ·        Strong distribution channel with free delivery ·        Management experience
|
·        Large market demand for bead and other baked product ·        Large demand for bakery training and consultancy |
·        Inadequate expansion capital ·        Low production capacity ·        New in the location
| ·        Stiff competition ·        Government policy ·        Lack of credit facilities |
Competitive Advantage
- We Provide fresh and high-quality bread that can stay for longer time without losing freshness and taste
- We have highly professional customer services and maintain customers loyalty
- We provide convenience through online order and eCommerce presence
FOR THE FULL DETAILS OF THIS BUSINESS PLAN, BUSINESS MODEL CANVAS, MARKETING PLAN AND FINANCIALS:Â
Please call our business plan consultants : + 2348147161686
We have a team that can help you write your specific business plans, feasibility studies, Marketing plan, Â grant application, Â market research, business brand story and so on.
Contact : + 2348147161686 for details
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Free Business Plan Template for Small Businesses (2024)
Use this free business plan template to write your business plan quickly and efficiently.
A good business plan is essential to successfully starting your business â and the easiest way to simplify the work of writing a business plan is to start with a business plan template.
Youâre already investing time and energy in refining your business model and planning your launchâthereâs no need to reinvent the wheel when it comes to writing a business plan. Instead, to help build a complete and effective plan, lean on time-tested structures created by other entrepreneurs and startups.
Ahead, learn what it takes to create a solid business plan and download Shopify's free business plan template to get started on your dream today.
What this free business plan template includes
- Executive summary
- Company overview
- Products or services offered
- Market analysis
- Marketing plan
- Logistics and operations plan
- Financial plan
This business plan outline is designed to ensure youâre thinking through all of the important facets of starting a new business. Itâs intended to help new business owners and entrepreneurs consider the full scope of running a business and identify functional areas they may not have considered or where they may need to level up their skills as they grow.
That said, it may not include the specific details or structure preferred by a potential investor or lender. If your goal with a business plan is to secure funding , check with your target organizationsâtypically banks or investorsâto see if they have business plan templates you can follow to maximize your chances of success.
Our free business plan template includes seven key elements typically found in the traditional business plan format:
1. Executive summary
This is a one-page summary of your whole plan, typically written after the rest of the plan is completed. The description section of your executive summary will also cover your management team, business objectives and strategy, and other background information about the brand.
2. Company overview
This section of your business plan will answer two fundamental questions: âWho are you?â and âWhat do you plan to do?â Answering these questions clarifies why your company exists, what sets it apart from others, and why itâs a good investment opportunity. This section will detail the reasons for your businessâs existence, its goals, and its guiding principles.
3. Products or services offered
What you sell and the most important features of your products or services. It also includes any plans for intellectual property, like patent filings or copyright. If you do market research for new product lines, it will show up in this section of your business plan.
4. Market analysis
This section includes everything from estimated market size to your target markets and competitive advantage. Itâll include a competitive analysis of your industry to address competitorsâ strengths and weaknesses. Market research is an important part of ensuring you have a viable idea.
5. Marketing plan
How you intend to get the word out about your business, and what strategic decisions youâve made about things like your pricing strategy. It also covers potential customersâ demographics, your sales plan, and your metrics and milestones for success.
6. Logistics and operations plan
Everything that needs to happen to turn your raw materials into products and get them into the hands of your customers.
7. Financial plan
Itâs important to include a look at your financial projections, including both revenue and expense projections. This section includes templates for three key financial statements: an income statement, a balance sheet, and a cash-flow statement . You can also include whether or not you need a business loan and how much youâll need.
Business plan examples
What do financial projections look like on paper? How do you write an executive summary? What should your company description include? Business plan examples can help answer some of these questions and transform your business idea into an actionable plan.
Professional business plan example
Inside our template, weâve filled out a sample business plan featuring a fictional ecommerce business .
The sample is set up to help you get a sense of each section and understand how they apply to the planning and evaluation stages of a business plan. If youâre looking for funding, this example wonât be a complete or formal look at business plans, but it will give you a great place to start and notes about where to expand.
![samples of a business plan in nigeria Example text in a business plan company overview section](https://cdn.shopify.com/s/files/1/0070/7032/files/business-plan-example-1.png?v=1687893032)
Lean business plan example
A lean business plan format is a shortened version of your more detailed business plan. Itâs helpful when modifying your plan for a specific audience, like investors or new hires.
Also known as a one-page business plan, it includes only the most important, need-to-know information, such as:
- Company description
- Key members of your team
- Customer segments
đĄ Tip: For a step-by-step guide to creating a lean business plan (including a sample business plan), read our guide on how to create a lean business plan .
![samples of a business plan in nigeria Example text in a business plan's marketing plan section](https://cdn.shopify.com/s/files/1/0070/7032/files/business-plan-example-2.png?v=1687893075)
Benefits of writing a solid business plan
Itâs tempting to dive right into execution when youâre excited about a new business or side project, but taking the time to write a thorough business plan and get your thoughts on paper allows you to do a number of beneficial things:
- Test the viability of your business idea. Whether youâve got one business idea or many, business plans can make an idea more tangible, helping you see if itâs truly viable and ensure youâve found a target market.
- Plan for your next phase. Whether your goal is to start a new business or scale an existing business to the next level, a business plan can help you understand what needs to happen and identify gaps to address.
- Clarify marketing strategy, goals, and tactics. Writing a business plan can show you the actionable next steps to take on a big, abstract idea. It can also help you narrow your strategy and identify clear-cut tactics that will support it.
- Scope the necessary work. Without a concrete plan, cost overruns and delays are all but certain. A business plan can help you see the full scope of work to be done and adjust your investment of time and money accordingly.
- Hire and build partnerships. When you need buy-in from potential employees and business partners, especially in the early stages of your business, a clearly written business plan is one of the best tools at your disposal. A business plan provides a refined look at your goals for the business, letting partners judge for themselves whether or not they agree with your vision.
- Secure funds. Seeking financing for your businessâwhether from venture capital, financial institutions, or Shopify Capital âis one of the most common reasons to create a business plan.
Why you should you use a template for a business plan
A business plan can be as informal or formal as your situation calls for, but even if youâre a fan of the back-of-the-napkin approach to planning, there are some key benefits to starting your plan from an existing outline or simple business plan template.
No blank-page paralysis
A blank page can be intimidating to even the most seasoned writers. Using an established business planning process and template can help you get past the inertia of starting your business plan, and it allows you to skip the work of building an outline from scratch. You can always adjust a template to suit your needs.
Guidance on what to include in each section
If youâve never sat through a business class, you might never have created a SWOT analysis or financial projections. Templates that offer guidanceâin plain languageâabout how to fill in each section can help you navigate sometimes-daunting business jargon and create a complete and effective plan.
Knowing youâve considered every section
In some cases, you may not need to complete every section of a startup business plan template, but its initial structure shows you youâre choosing to omit a section as opposed to forgetting to include it in the first place.
Tips for creating a successful business plan
There are some high-level strategic guidelines beyond the advice included in this free business plan template that can help you write an effective, complete plan while minimizing busywork.
Understand the audience for your plan
If youâre writing a business plan for yourself in order to get clarity on your ideas and your industry as a whole, you may not need to include the same level of detail or polish you would with a business plan you want to send to potential investors. Knowing who will read your plan will help you decide how much time to spend on it.
Know your goals
Understanding the goals of your plan can help you set the right scope. If your goal is to use the plan as a roadmap for growth, you may invest more time in it than if your goal is to understand the competitive landscape of a new industry.
Take it step by step
Writing a 10- to 15-page document can feel daunting, so try to tackle one section at a time. Select a couple of sections you feel most confident writing and start thereâyou can start on the next few sections once those are complete. Jot down bullet-point notes in each section before you start writing to organize your thoughts and streamline the writing process.
Maximize your business planning efforts
Planning is key to the financial success of any type of business , whether youâre a startup, non-profit, or corporation.
To make sure your efforts are focused on the highest-value parts of your own business planning, like clarifying your goals, setting a strategy, and understanding the target market and competitive landscape, lean on a business plan outline to handle the structure and format for you. Even if you eventually omit sections, youâll save yourself time and energy by starting with a framework already in place.
Business plan template FAQ
What is the purpose of a business plan.
The purpose of your business plan is to describe a new business opportunity or an existing one. It clarifies the business strategy, marketing plan, financial forecasts, potential providers, and more information about the company.
How do I write a simple business plan?
- Choose a business plan format, such as a traditional or a one-page business plan.
- Find a business plan template.
- Read through a business plan sample.
- Fill in the sections of your business plan.
What is the best business plan template?
If you need help writing a business plan, Shopifyâs template is one of the most beginner-friendly options youâll find. Itâs comprehensive, well-written, and helps you fill out every section.
What are the 5 essential parts of a business plan?
The five essential parts of a traditional business plan include:
- Executive summary: This is a brief overview of the business plan, summarizing the key points and highlighting the main points of the plan.
- Business description: This section outlines the business concept and how it will be executed.
- Market analysis: This section provides an in-depth look at the target market and how the business will compete in the marketplace.
- Financial plan: This section details the financial projections for the business, including sales forecasts, capital requirements, and a break-even analysis.
- Management and organization: This section describes the management team and the organizational structure of the business.
Are there any free business plan templates?
There are several free templates for business plans for small business owners available online, including Shopifyâs own version. Download a copy for your business.
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Complete Sample POS Business Plan in Nigeria (+ PDF)
The point of sale (POS) industry in Nigeria is rapidly expanding as cashless payments gain widespread acceptance.
This creates lucrative opportunities for entrepreneurs to launch POS businesses by providing digital payment services to businesses and consumers.
Developing a solid business plan is crucial for successfully starting and running a POS venture in Nigeria.
This article will provide a complete sample business plan for a POS startup in Nigeria.
Table of Contents
How to write a business plan for POS business in Nigeria
Here’s a breakdown of how to write a solid business plan specifically for a POS business in Nigeria, including essential sections to focus on:
1. Executive Summary
- Business Overview: Briefly describe your POS business, target market , and the specific financial services you intend to offer.
- Mission Statement A concise statement outlining the purpose and goals of your business.
- Competitive Advantage: Highlight what sets your POS business apart from others in the market.
2. Company Description
- Business Structure: State whether you’re registering as a sole proprietorship or a limited liability company.
- Ownership and Management: List the owners of the business and outline their roles and responsibilities.
- Location: Specify the chosen location for your POS business and its advantages
3. Market Analysis
- Target Market: Identify the demographics and needs of your intended customers (e.g., residents in a specific neighborhood, students, market traders, etc.)
- Competition: Analyze existing POS agents in your area, their strengths, weaknesses, and pricing strategies.
- Industry Trends: Discuss growth trends in the POS sector and how they might influence your business.
4. Services Offered
- Core Services: List the specific POS services you provide (withdrawals, transfers, bill payments, airtime, etc.)
- Potential Additional Services: Explore options for expanding your offerings in the future (e.g., mobile money, savings products).
5. Marketing and Sales Strategy
- Branding: Outline your plan for creating signage, banners, and marketing materials.
- Pricing: Set competitive fees for your services.
- Promotion Strategies: Detail how you’ll get the word out about your business (flyers, social media, partnerships, etc.)
- Customer Retention: Focus on ways to build loyalty through excellent service and potential reward programs.
6. Operational Plan
- POS Provider: State your chosen POS provider(s) and why you selected them.
- Security: Outline security measures to protect customer data and your assets (surveillance, safe cash storage, etc.)
- Staffing: If applicable, indicate if you’ll hire additional employees or manage the business yourself.
7. Financial Projections
- Startup Costs: Itemize the expenses for equipment, rent, branding, and initial cash float.
- Revenue Projections: Create realistic estimates for transaction volumes and income over the first year.
- Expenses: Account for operational costs like transaction fees, rent, utilities, etc.
- Profitability: Project your net income and potential break-even point.
8. Conclusion
- Summarize the key strengths of your POS business.
- Reiterate your commitment to providing excellent financial services to your community.
Tips for Writing a Strong POS Business Plan in Nigeria
- Keep it Concise: Your business plan doesn’t need to be excessively long. Focus on clarity and essential information.
- Data-Driven Support your assumptions with market research data and realistic financial projections.
- Seek Feedback: Have someone with business experience review your plan for clarity and feasibility.
Additional Resources:
- Small and Medium Enterprises Development Agency of Nigeria (SMEDAN): https://smedan.gov.ng/
- Tony Elumelu Foundation: https://www.tonyelumelufoundation.org/
Complete Sample POS Business Plan in Nigeria
Free pos business plan sample download, executive summary.
POS Niger is a startup that provides point of sale (POS) services to small businesses in Lagos, Nigeria. As digital payments usage surges across Nigeria, POS Niger fills a growing need for secure, reliable POS solutions tailored to small businesses. Our offerings include:
- POS terminal sales and rentals
- Integration with local and international payment gateways
- Staff training on using POS devices and software
- Maintenance support and technical assistance
POS Niger aims to deploy 500 POS terminals in our first year focused on Lagos Island and Ikeja business districts.
Our pricing model involves a one-time integration fee and recurring monthly subscriptions for maintenance support.
The startup requires N12 million for inventory, shop rental, staffing, and working capital. Funding will come from the founders’ capital injection and angel investors.
Additional funding will be sourced through POS device vendor partnerships and bank loans.
The promoters are Donald Duke and Sheila Adams who have over 10 years combined experience in payments processing and retail software consulting for top Nigerian banks.
Their expertise will be leveraged to build POS Niger into the leading local provider of POS solutions for Lagos small businesses.
The POS terminal market in Nigeria is projected to keep growing over 50% yearly.
Our target clients of small shops, cafes, boutiques represent over 90% of Nigerian businesses.
With increasing POS adoption, there is minimal competition tailored to SMEs.
POS Niger will capture significant market share through our competitive pricing, localized support and strategic distribution partnerships.
Products and Services
POS Niger offers the following products and services:
POS Terminal Sales and Rentals
- We will sell or rent out POS terminals from top brands like Innovault, Paystack, Global Payments etc.
- Both fixed (countertop) and wireless POS systems will be retailed.
- Customers can purchase outright or rent via monthly payments.
- For rentals, we handle repairs and replacements.
Payment Gateway Integration
- We will integrate the POS systems with prominent payment gateways in Nigeria like Flutterwave, Paystack, Wema, OPay etc.
- This allows receiving payments via cards, mobile money, bank transfers etc.
- We will charge a one-time integration fee per POS device activated.
Staff Training
- Our staff will train client employees on properly operating the POS software, devices and transactions reporting.
- Standard operating procedures will be provided for reference.
- Additional offsite group training sessions will also be conducted.
Maintenance Support
- We will provide 24/7 phone and email support for any POS terminal issues faced.
- Qualified technicians will address malfunctions through remote troubleshooting or onsite visits.
- Software patches and upgrades will be implemented remotely.
Business Advisory
- Our team offers POS business advice on matters like best practices, fraud prevention, dispute resolution etc.
- We will help clients maximize the benefits of deploying POS solutions.
Market Analysis
Nigeria’s POS industry generated around N3 trillion in payments volume in 2019 per the Nigeria Interbank Settlement System (NIBSS) data .
Transactions have been growing at a 50% CAGR over the last decade, indicating massive expansion of cashless payments.
The global POS terminals market is also projected to reach $154 billion by 2026 according to Verified Market Research .
Hence, the rapid growth offers huge opportunities for POS terminal deployment and associated services in Nigeria.
While large retailers dominate in urban centers, smaller informal businesses represent over 90% of Nigerian enterprises.
Over 60 million MSMEs form the bulk of the economy. This segment is the primary target market for POS Niger.
Target Customers
- Small shops, boutiques, salons, bars, restaurants, cafes
- Startups and small businesses across industries
- SMEs in business districts within Lagos State
- Vendors, artisans, local stores with potential for POS adoption
Competitor Analysis
Major competitors include:
- Banks – Offer POS services but mainly target corporate clients rather than SMEs.
- Global terminal vendors – Players like Ingenico have large market share but lack localized support.
- Payment gateways – Offer basic POS package without after-sales support.
Our differentiated focus on SMEs, integrated offerings and value-added services provide competitive advantage over current players.
Our POS solutions will be affordably priced for the target mass market segment through:
- Low one-time integration fee of N25,000
- Competitive monthly rentals from N15,000 based on device type
- Flexible purchase prices starting from N68,000 for basic terminals
- Volume pricing discounts for bulk orders
Distribution Channels
To ensure widespread distribution we will leverage:
- Direct sales to walk-in customers at our outlet
- Business development executives for outbound sales
- Strategic partnerships with device vendors for joint sales
- Online marketing and social media promotions
- Referrals from business associations and SME networks
Marketing Plan
Our core marketing strategy focuses on cost-effective tactics to generate awareness andTrials among target SMEs within Lagos.
Promotions Mix
- Door-to-door: Sales agents will conduct in-person demos and leave brochures at SMEs within target localities.
- Email marketing: Regular email campaigns to engaged SME databases with promotions.
- Social media: We will run Facebook and Instagram ads focused on Lagos small businesses.
- Sales literature: Print flyers, brochures and catalogues will be distributed via chambers of commerce, associations etc.
- Business directories: Listings on SME hubs like Nigeria Yellow Pages will be secured.
- Referral incentives: Promotions to encourage customer referrals and reviews.
- Online content: SEO-optimized blogs/articles on payments issues SMEs face.
To build a professional brand image:
- A recognizable company logo reflecting our POS services will be created.
- Staff will have customized branded t-shirts, caps and name tags.
- Well-designed office branding will be erected including light boxes.
- Promotional items like calendars and diaries will be gifted to customers.
Partnerships
We will actively network with:
- Industry associations to jointly promote our solutions to their SME members.
- Coworking spaces, incubators and SME hubs to engange their startup/small business communities.
- Relevant events like payments forums and retail tech conferences to create visibility.
Our lean marketing strategy centers on cost-efficiency to maximize ROI from each initiative. The focus is on personalized outreach and leveraging partnerships to boost visibility among the target SME segment.
Operations Plan
Our POS outlet and office will be located along a commercial street in Ikeja GRA due to the area’s mix of small businesses, accessibility for customers, and availability of support services.
- We will maintain an average monthly stock of 50 POS terminals plus receipt papers and other consumables.
- Devices will be sourced directly from top brands to get wholesale pricing and warranties.
- Inventory will be monitored using spreadsheets with automated reorder levels set.
- Sales Manager: Experienced retail sales professional to lead business development
- Customer Support Reps: Two reps with tech troubleshooting skills to offer assistance
- POS Technicians: For onsite installation, maintenance and repairs.
- Accountant: For managing daily accounts, payroll, taxes and compliance.
External services firms will be engaged as needed for legal, IT, security etc.
Our core business processes will include:
- Customer onboarding from KYC to integration and deployment
- POS terminal procurement, configuration, installation and activation
- Payment verification, reconciliations and settlement
- Issue logging and resolution based on SLAs
- Software updates, backups and data security protocols
- Inventory tracking and order management
- Sales reporting, invoicing and collections
- POS software, CRM system and accounting software will be deployed on the cloud.
- Inventory management using spreadsheet applications
- Email marketing and analytics tools will be utilized
- Security cameras and remote data backups will be implemented
Key Takeaways
Here are key takeaways from this sample business plan for a POS startup in Nigeria:
- Offer a mix of products including POS hardware sales, rentals, integration, training and support services.
- Target small businesses in high commercial locations as your core customer segment.
- Use a lean marketing mix focused on direct outreach, partnerships and digital promotion.
- Secure a visible location in a secure commercial area optimal for customer traffic.
- Build processes for customer acquisition, deployment, issue resolution, inventory management etc.
- Assemble a skilled team covering sales, technical support and back-end functions.
- Implement the right mix of software, hardware and tools to enable operations.
- Continuously enhance offerings based on customer feedback for sustainable growth.
- No. 1 Guide to Start a POS Business in Nigeria
- Latest Best Location for POS Business in Nigeria
- Is POS Business Profitable in Nigeria?
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Sample Supermarket Business Plan in Nigeria PDF & DOC (DOWNLOAD)
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Sample Supermarket Business Plan in Nigeria PDF & DOC (DOWNLOAD)
EXECUTIVE SUMMARY
Nigeria has an estimated population of over 198 million individuals. This population is expected to rise to 250 million by 2050. Every business minded individual knows that a rise in population means improved income.
Read: Get your Supermarket Business Plan in Nigeria
It is not surprising to find supermarkets in almost every alley and street in major cities within the country. The only differentiating factor among these supermarkets being the size and number of commodities sold. These factors are usually dependent on the amount of capital at the disposal of the entrepreneur. Most Nigerians, especially those living in metropolitan cities, visit supermarkets for their daily needs. These supermarkets have in stock different kinds of materials ranging from food products to laundry materials and beauty care products amongst others.
Lagos undoubtedly accounts for the highest number of supermarkets in the country. This should not be surprising considering the high population of the State. Lagos State is the most populous State in Nigeria with an estimated population of almost 20 million inhabitants. According to studies carried out by Accenture, Nigeria has attracted top supermarket franchises in the world like Walmart and Shoprite. The study presents that Nigerian citizens will be spending about 13.9 trillion Naira on non-durable goods by 2020.
Supermarkets are usually run by the entrepreneur who started the venture or sometimes leased out to be run by other individuals. In Nigeria most supermarkets sell a couple of products which are out of the regular supermarket stock like medicines, electrical supplies, clothing materials, etc. Statistics show that Lagos has the highest number of supermarkets in the country. Regardless of this statistics it is evident that the population of the city far outweighs the number of supermarkets. There is still a huge chasm between the number of supermarkets and the population of the city. This shows that there is a major need for more supermarkets to set up in different parts of the metropolitan city.
Our supermarket is committed to satisfy customers by way of providing a wide scope of high quality and competitively priced products as well as excellent customer service. To achieve this we need an initial capital outlay of #7,700,000.
OVERVIEW OF THE SUPERMARKET INDUSTRY IN NIGERIA
When the name Nigeria is mentioned anywhere in the world, the thought of oil boom and petrodollars floods minds. Asides the oil present in the country, a major resource in Nigeria is the constantly growing population. Presently the country is the most populous black nation boasting of a population of 198 million individuals. This population is expected to rise to 250 million by 2050. Every business minded individual knows that a rise in population means improved income.
The last two decades has seen a rise in supermarkets stocking foreign products but certain government policies and a growing desire for locally made products has caused supermarkets to focus more on Nigerian made products. These supermarkets are beginning to procure processed foods from Nigerian companies that get their raw materials from local farmers. This simply implies that slowly but steadily the Nigerian retail industry is growing to become a major part of the countryâs economy. An evidence of this is the consistent rise of stores in different parts of the country. Definitely the market is not in Lagos alone as some will think.
Several factors have contributed to the rise of retail stores, otherwise known as supermarkets in Lagos and indeed Nigeria. One of the major factors is the inflow of young people seeking work and business opportunities in big cities. These young people run to these cities in search of the mythical âgreener pasturesâ and have no choice than to depend on these supermarkets for their daily needs.
Before pressing on it is expedient to quickly discuss what a supermarket is, how the idea came about, characteristics and a few other info in brief.
What is a supermarket?
A supermarket, according to Wikipedia, is a self-service shop which offers a wide variety of products such as food, electrical products and other household needs which are organized in aisles. Another school of thought sees a supermarket as a large scale retail institution, usually larger than a simple grocery store, which specializes in convenience and necessary goods. A supermarket is usually a departmentalized store which is separated into four departments. These departments usually include but are not restricted to the following:
- Self-service grocery
- Meat produce
- Dairy products
- Other household needs.
Supermarkets are usually run by the entrepreneur who started the venture or sometimes leased out to be run by other individuals. In Nigeria most supermarkets sell a couple of products which are out of the regular supermarket stock like medicines, electrical supplies, clothing materials, etc.
A brief history of supermarkets
Supermarkets originated in the United States of America just after the Great Depression which occurred in the 1930s. Originally supermarkets were established by independent merchants who dealt majorly in food produce. Most of the food produce in those days were fresh, bought from farmers and sold off almost immediately. The major characteristic which differentiated these stores from regular grocery stores was the absence of sales personnel. All they had was a receptionist who collected payment for goods purchased.
Also Read: How to Start a Supermarket Successfully (Plus Business Plan)
The products were arranged in shelves separated by aisles to allow for customers to walk through and pick up their desired products. Most supermarkets were equipped with baskets or trolleys to be used by the customer for ease of movement of the products from the shelves to the receptionistâs desk. Once the customers are done with picking the commodities from the shelves, they proceed to the payment point where the receptionist weighs the goods or views the price tag attached. This singular reason gave supermarkets the reputation of self-service stores since the customers serve themselves and make payment when they are done.
Several supermarket models have been developed from this initial model and they have grown the retail store industry to be one of the most lucrative in the world.
Characteristics of supermarkets
- They are usually located in major shopping centers in busy parts of a city. These shopping centers are usually equipped with large parking spaces. This is not to say that smaller supermarkets are do not exist especially in small cities. As stated earlier the size of the supermarket is usually dependent on the capital outlay of the entrepreneur.
- Supermarkets do not offer any credit, rather they run on a cash and carry basis.
- There are usually no selling counters or selling attendants to assist customers. Customers have to serve themselves till they need to pay.
- Supermarkets are usually stocked with a wide variety of products both food and non-food inclined. The most popular commodities stocked by supermarkets are canned foods, meat and dairy products, bakery items, vegetables and other household necessities.
- They are usually large. They might not start that way but with consistency and proper management measures, they grow to become a very useful channel of distribution for manufacturers.
- Since no sales attendants are not employed, the supermarkets usually have a low sales overhead.
- Products are usually stored on racks or shelves for easy access by customers. The shelves are arranged in aisles for easy traffic within the store.
- It is among the leading retail methods in Nigeria today.
- Contrary to what most people think, purchasing commodities in supermarkets is quite cheaper than what is obtainable outside.
Advantages of supermarkets
There are several advantages of supermarkets both to the entrepreneur and the customers. Enumerated below are a few of the most observable advantages:
- There is usually a large turnover due to the number of products that they have in store.
- They usually have low overheads, majorly sales overheads. Overheads are usually the expenditure that cannot be traced or easily identified. This advantage is based on the principle of operation which eliminates the sales persons.
- Prices are usually low for the customers but the supermarkets enjoy huge profits due to rapid turnover.
- Supermarkets are always situated in very accessible areas. This makes it easy for customers to make purchases with ease.
- Entrepreneurs enjoy economies of large scale operation.
- The buyer has freedom to decide what products to buy without fear of coercion or interference from sale persons.
Disadvantages of supermarkets
Just as there are several advantages of supermarkets, there are also quite a few disadvantages. These apply to both the buyer and the seller.
- Supermarkets usually require large premises and huge capital for optimal operation.
- Customers may not enjoy demonstration of the use of certain products by sales persons. Such products are usually not stocked by supermarkets.
Factors to consider in starting a supermarket
There are several factors that the entrepreneur needs to consider before setting up a supermarket. A few of the key factors will be discussed briefly below:
- Location . The location is where the supermarket will be sited. It is no news that the location of a business will determine to a large extent the success of any business. A supermarket will need to be sited in a place with above average human traffic. The more people can see the supermarket, the better the chances of making sales. The supermarket should also be set in an accessible area. More accessibility means more sales and thus more profit.
- A warehouse . It is important to get a small warehouse where goods can be stored before they are placed on the shelves for purchase. This is necessary to ensure that the store does not go out of stock.
- Shelves . This is one of the major characteristics of supermarkets. The shelves are important for ease of access buy customers. The goods are displayed on the shelves and the shelves are labeled accordingly. It is always important to label the shelves so the customers know where to find what and how much each product costs.
- Getting your products . Seek out reliable suppliers for each product. The products must be gotten at the best prices in the market and the supplier must provide them when needed. The major products sold in Nigerian supermarkets are:
- Wear accessories such as sunglasses and watches
- Notebooks and stationary
- Food stuff (fresh)
- Food stuff (frozen)
- Household items
- Electronics and appliances
- Kitchen supplies
- Fashion and beauty products
- Simple tools such as scissors
This business plan is incomplete. To get the complete sample supermarket business plan in Nigeria PDF today, pay N10, 000:
BANK NAME: FIRST BANK PLC
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After payment, send your full name, email address and title (i.e. supermarket business plan in Nigeria pdf and doc.) to 07033378184. Your business plan will be sent to you 15 minutes after payment.
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How to Write A Business Plan in Nigeria (Template for Nigerian Businesses)
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The first time I thought about writing a business plan was when a friend asked for my help writing his. I could imagine the stress he had gone through before asking for my help.
Many times, the subject of a business plan comes up when one wants to start a business, and for the majority of people, it almost always seems like some special type of document that only gurus write.
A large number of Nigerian startups fail to understand the true significance of this one document. This fact has made many Nigerian business startups botch the preparation of their business plans by focusing totally on the wrong things.
Good plans prune your projections into realistic thresholds and consider as many parameters as are available to you.
Before we move on to how to write a business plan, we need to define and establish what a business plan is or what it should be.
Table of Contents
What is a Business Plan?
 A business plan is a document describing a business, its products or services, how it earns (or will earn) money, its leadership and staffing, its financing, its operations model, and many other details essential to its success.
A well-written business plan should be able to prove to just about anyone who reads it how feasible your goals are, including potential investo rs.
How to Write A Business Plan (Template for Nigerian Businesses)
Writing a business plan may seem daunting and complicated, but with a systematic approach, you can easily achieve this task with the right guidance.
Below are strategies to help you narrow it down to easily actionable bits.
Know the purpose of the plan
When an entity’s purpose is unknown, abuse is inevitable, and often this tendency is not effectively maximising such.
Before unknowingly wasting precious time writing a plan that wouldnât fit its purpose, you must know who exactly is going to be reading your plan before taking any steps.
For example, a simple plan written to attract investors would always differ from one written for internal use only.
Furthermore, before writing any part of your plan, even in the search for investors, you should consider especially who your readers are and try as much to cater to their particular expectations without losing track of your initial road map.
You should also aim to make your plan adaptable, editing it as the situation demands.
Draft an executive summary
A good executive summary is a key section of your planâitâs also the last section you should write.
The executive summaryâs purpose is to briefly describe the other parts of your plan. It usually is the part of your plan that convinces the reader if they want to know more about your business.
Itâs also an overview of your business that persuades investors to read further. This is why you mustnât make mistakes here.
 While writing, keep in mind that itâs a summary, so make sure to highlight the key points youâve uncovered
 Whatever summary you end up putting on the plan would serve as the façade, the doorway into your plan.
Be as brief as you can. Be passionate.Â
Describe your company
This section of your business plan is the simplest part of the whole process. It caters for two fundamental questions: who are you, and what do you plan to do? Answering these questions introduces why youâre in business, why youâre different, what you have going for you, and why youâre a good investment bet.
Starting from a proper description of your company, you must share all the relevant information that connects to form your typical brand business plan.
These include market or industry analysis, organisation and management, service or product line, marketing and sales, your operations plan and your financial projections.
Make sure to present as detailed a description as possible using whatever medium can portray your ideas the best â tables, charts, verified industry statistics etc.
Read Also: How to Choose a Business Name in Nigeria
Do a thorough research
It doesnât matter if you ever intend for anyone else to read it.
To write the most functional and perfect business plan, you need to know many things, which means research. Itâs also called “doing a market analysis.”
It should include an overview of how big your estimate of the market is for your products, an analysis of your businessâ position in the market, and a general overview of the competitive landscape.
Itâs considered a safe bet to spend twice as much time researching as you would drafting the actual business plan.
This is because entrepreneurs need to know their market sphere, customers, and product and services very intimately to draw any plan of relevance.
Doing thorough research must include reading everything you can afford to read, talking to people, and seeking professional counsel. You should also check out videos on YouTube on what you are about. Scour the internet.Â
 Finally, as a business owner, youâll have to eventually make it into a habit and constantly inform yourself whenever the chance presents itself.
Read Also: How to Write a Business Report: Definition, Format, and Samples
Competitive analysis
After doing a market analysis, the next thing you should add to your business plan is a competitive analysis, i.e., you need to know who your competitors are. You cannot do this effectively if you do not take the time to study them. A good reason an investor would choose your business is if you have been able to study your competition and find a means to produce your services and products that are unique, better, and distinguishable.Â
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Take note of actual and estimated figures
When you are starting a business and using expected figures, you need to communicate that properly so as not to mislead investors. Of course, you should have actual figures if you are already running your business.
Read Also: How to Write a Good Pitch: The Ultimate Guide for Freelancers
Service or product plan
This section should explain your serviceâs life cycle and what you sell. Explain how this benefits your customers. Share plans of intellectual property filings and research on your product or service. Also, describe the problem you are solving and how you plan to solve it. Of course, you have to talk about the competition as well.
Outline management and organisation
Your business planâs management and organisation section should tell readers about whoâs running your company. Detail the legal structure of your business. Communicate whether youâll incorporate your business as a corporation or create a limited partnership or sole proprietorship.Â
If you have a management team, use an organisational chart to show your companyâs internal structure, including the roles, responsibilities, and relationships between people in your chart.
Communicate how each person will contribute to the success of your startup. If you do not have enough hands to produce the desired result, have a plan to hire capable people to fill in the gap.
You can add documents (resumes, permits, leases, product pictures, letters of reference, etc.) to support your business plan; however, this is optional.Â
As you write a business plan that serves its purpose, remember that your words should persuade the reader and convince them as it convinced you.
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How to write a business plan in nigeria: your free samples and templates.
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You can learn to write a business plan in Nigeria, provided the guide comes from a âqualityâ source. Knowing where to start from is often the primary challenge when it comes to writing a business plan in Nigeria. This is one of the things that most business owners and entrepreneurs donât always get right. In this article, you will learn essential tips on how to write a business plan step by step. The business plan of a company is very vital to the success of that company, so you must pay god attention to it. When you look through the free sample business plan, it gives you a clear picture of what your business plan should look like.
Also related: How to build your business from scratch
I have provided you with a long list of free sample business plan templates to give you an easy start. To write a business plan, you need to know where and how to start. Let us consider some free business plan templates and samples you can consider in Nigeria. You can choose to write a business plan using any of these templates listed below.
Business Plan Samples And TemplatesÂ
 catering business plan .
If you have a love for cooking and always wanted to start a business, you can integrate the two and start a small catering business. The question is, how do you start a small catering business. You can start by having to write a business plan detailing every aspect of the business before you get started.Â
Event Planning Business Plan
In Nigeria, there is hardly any day that an event doesnât come up in your locality. With thousands of events and parties happening every weekend, event planning business is a very lucrative business. To start an event planning business, you will need a combination of education, if necessary, good experience, and excellent networking.Â
Hair and Beauty Salon Business Plan
In Nigeria, currently, the salon business is one of the best and profitable business in Nigeria because it doesnât cost much and requires little capital to start. You can choose to start either a barbing or beauty salon for women because it requires no college degree but your skill. Some people delve into starting a salon business without considering the need to write a business plan. You donât have the future of your business in mind if you fail to draft a business plan.Â
Driving Schools Business plan
If you are an expert driver and can teach others how to drive, you certainly qualify to start a car driving school. In Nigeria, there is a great opportunity in this business as most Nigerians are looking forward to owning their own cars. Fresh school leavers are always eager to learn how to drive, so you can bridge the gap.Â
Agriculture Business Plan
Nigeria is richly blessed with quality soil and favorable climatic conditions that can accommodate a variety of crops like onion, carrot, cocoa, yam, pear, potatoes, okra, vegetables, beans, etc. It is very lucrative to start an agriculture farm business in Nigeria because there is so much market to serve. You need to write a business plan on agriculture, especially if you wish to go on a commercial scale.Â
Also see: How to write your cassava farming and processing business plan
Feed and Farm Supply Business Plan
The feed farm production industry has been largely promoted as one of the most lucrative agribusiness investments to make. Nigeria has a major impact on the worldwide production and distribution of livestock feed. Before you venture into feed and farm supply business, you need to have your feed and farm supply business plan in place.Â
Fast Food Restaurant Business Plan
The fast-food business in Nigeria is a very lucrative and profitable one from which you can make good profits. No one can do without food, and with the growing population of Nigeria, it is a very viable business to venture into. With the current economic downturn in Nigeria, the line of business that has continued to promise greater returns on investment is the fast-food business. So, the fast-food business is a profitable one to venture into Nigeria.Â
Bakery Business Plan
We have also included the bakery business plan in our free business plan template. With the high rate of events like weddings, birthday celebrations, the, etc. bakery business is highly profitable. In fact, the consumption of bread and other bakery products like chin-chin, cake, etc. is a huge market. There are lots of opportunities in this business and more interested investors who are willing to invest.Â
Internet Café Business Plan
There is a high demand for internet cafe services in Nigeria, especially in business enabled environments like universities, offices, etc. In Nigeria, this is one of the leading profitable medium scale businesses in Nigeria. When managed properly, you can get a very high-profit margin.Â
Clothing Boutique Retail Business PlanÂ
Starting your clothing business is a very good business idea in Nigeria. The reason is that the fashion industry will always be very vibrant in any economy. People all over the world have a basic need for clothing. Aside from the basic need, fashion is evolving daily as a result of the huge and diverse interest in styles. In as much as there is high demand in this sector, you must write a business plan that will guide your approach and decisions in the business.Â
Automotive Car Repair Business PlanÂ
Nigeria will always remain a big market for cars, both used and new ones. It will amaze you to know that Nigeria alone spends up to $5 billion every year importing vehicles. This shows that this is an industry that is worth investing in.Â
Car Wash Business PlanÂ
You donât necessarily need much of a capital to start your car wash business in Nigeria. With more money spent in this business, the faster the business can grow much better and faster, leading to better and profitable returns.Â
Pharmacy Business Plan
In Nigeria, the drug store business has become an integral part of the Nigerian economy. Venturing into the drug business is certainly a good business decision, but you need o to have a good business plan in place.Â
In this article, I have provided you with a variety of free sample business plan template to help you write a business plan for your business. For your well-detailed business plan on any business, contact +2347037281050. Your business plan will be ready within two weeks. Contact us today and be glad you did
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Thinking about how to create a business plan for your small or medium sized business? Learn how to write a business plan in Nigeria from the professional business plan consultants. Most Nigerian entrepreneurs and companies do not have or implementation business plans when starting or growing up their businesses. They perhaps believed that business plan is just a document or paper that will not give them the most need capital to scale up their business ideas or investment.
Of course, a business plan is a written document that describes a business, its products or services, strategies and procedures on how it will galvanize it scarce human and material resources in a day-to-day operations in order to make profits. A business plan would contain everything a reader may want to know about your business , starting from the title page, the executive summary, the company description and to the appendix page.
Our accounting and taxation consultants can fill tax returns for your business, project your capital expenditure budgets and compose other business development and small business administration (SBA) or legal documents that set-up your business in the right way to success. We provide business profiling services such as writing of your Vision and Mission Statements , brand positioning statements, employee handbooks, and provide web designing , corporate branding and packaging services.
4 Reasons Why you need a Professional Business Plan in Nigeria
#1. it helps you prioritize your business goals.
When you setup and go into your own business without proper business planning and research process; they end up investing in a business for the wrong reasons. And before the first two to three years, they would be forced to close down. Why?  Because they believed that writing a business plan would not stop the money from coming as they expected, until they ran into management or business ownership crisis.
#2. It Helps You Avoid Initial Startups Mistakes
To help business executives avoid failures in the future, we develop winning business plans that prioritize your company deliverables right from the start-up stage and meet all your business needs. This will help us build a sustainable leadership culture and business structure for you.
#3. It Provides Go-to-Marketing Insights and Strategies
While there a lot of steps involved in starting a business; these can be overwhelming to any small business owner and startup entrepreneurship. Connect with best business plan writing professionals in Nigeria who understand the Nigerian consumer markets and viable business environments. We offer valuable assistance to bring your brand products and services into reality.
#4. It Provides Answers to Your Startup Questions
Many Nigerian entrepreneurs who have brilliant business ideas usually ask us these important questions and here are some of our answers:
- Why do I need a business plan to start my business in Nigeria?
- Do you write business plans for new business or existing businesses?
- How much does it cost to write a good business plan in Nigeria?
- Can I use my business plan to get a business loan from the banks?
- How can I use my business plan to secure new investors for my business?
- Can you create free sample business plans for my type of business?
- How long does it take your company to writer winning business plans?
- Can I get full script or hard copy of the written business plan from you?
How We Do Expert Business Plan Writing in Nigeria
Asking what is the cost of writing a business plan in Nigeria? Well, most professional business plan experts would charge between âŠ100,000 and âŠ250,000 Naira for fully researched business plan writing services. We create custom business plan that is specifically developed for your business industry from the scratch.
Asking about free business plan samples, we offer easy to use pre-written business plan templates at affordable prices. If this is what you want, such samples will help you organize your unique business idea and set out an amazing business plan for your sole proprietorship business, enterprise or limited liability company.
Asking if you need a business plan for new and existing businesses? the answer is YES! We build successful business plans for all kind of businesses; be it beauty salon business plan, pharmacy shop business plan, wellness and transportation industries, hospital business plan, travel and hotel business plan, agriculture business plan and fish/poultry farming business plan.
When creating a business plan with us, you will get a top notch business plans for food processing and supply chain businesses, fashion design, café and restaurants business plan, automobile mechanic and car driving school business plan, fintec business plan, waste recycling and water treatment and ICT business plan, print shop business plan, event planning, supermarket and ecommerce retail business plan.
When preparing to write a outstanding business plan that fits your business objectives, we conduct industry research, carry out competitor analysis and include our carefully crafted parameters in your business plan format . We consider how to write the Executive Summary that will capture the attention of your target audience. Base on our target market analysis and your input, we write Company Description, the Business Organization, Management Structure, and Product Line or Company Services.
Our marketers know how to package your startup business ideas on your business plan documentation in order to help you get that nodes and supports you need from potential investors or financial institutions. We design professional websites, marketing plan and employ qualified accountants who can use the available figures and market findings to calculate your business funding requests and future cash-flow financial projections ( whether in the next three or five years).
As Lagos based corporate branding and business plan writing company in Nigeria , we help business individuals and companies to plan and develop their businesses from business proposal to business plan writing, project feasibility studies and target market research. We offer business SWOT analysis, booking accounting services , and investment management software development.
Contact us for more free business advisory services or information on how to write a business plan in Nigeria.
Related: How to Start a Business in NigeriaÂ
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I need a professional business plan for my new pharmacy company. What is the cost of writing a good business plan form me?
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Business Plans Nigeria free PDF Docx Download
Business plans nigeria free pdf docx download:.
In this post, samples of free business plans will be provided for users for free download and use. You can download and use the Business plan to give a prototype of business you are thinking about. Or even for the sake of assignment for those that want to submit a school assignment.
Whatever you are planing on doing with the business plans, this post will help out with some random samples that you can check out.
So you can also come up with your own unique type. Business plans may come in different formats. All depending on the individual behind it. But, generally, business plans take the form of a general introduction of the business, location, description of the business, body, implementation, target market, pros, cons, expenses, challenges, tactics, competitions, profits and conclusion.
Therefore, if you are writing a business plan for proposal or just to have a glimpse of what the business might entail. It is important to have one two of the elements listed above or even more.
Most times a comprehensive business plan will give you an overall view of the whole business which generally serves as a guide for starters to have an idea of what to come.
Business plan helps not to deviate from the main business idea. But, to focus on the plan. As the general saying: “When you fail to plan, you plan to fail”.
Without further ado, here are samples of different free business plans for your perusal.
Business Plan List:
- Agro Business Plan
- Shea Butter Production Business Plan
- Restaurant Business Plan
- Cat Fish Business Plan
- Fabric Material Business Plan
- Malaria Business Plan
- Bakery Business Plan
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- Mon. Jul 29th, 2024
NG Business
NGBusiness Gives You Access To Important Business Related Information...
Rice Farming Business Plan in Nigeria (2024 DOC)
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Rice Farming Business Plan in Nigeria 2024 PDF Sample
Rice Farming & Processing Business Plan In Nigeria Feasibility Study â One of the most consumed food in Nigeria today is rice, and this is as a matter of fact, so many feasibility study on rice production in Nigeria has confirmed it also.
Rice is one meal that both the rich and the poor can afford, particularly during festive seasons.
While rice is a very nutritious meal, rice farming has become a source of income to many families that are into rice production. And for a fact rice production requires serious planning, that is why a rice farming business plan in Nigeria is one of the things you need before going a head with your rice farming plans.
A rice milling business plan in Nigeria contains all the necessary requirements you need to have in place for your rice farming to become operational. Rice farming business plan outline looks like the one below;
- Executive Summary
- Introduction
- Business Description
- Products and services
- Competitive Advantage
- Market Research
- Competitor Analysis
- Sales and Marketing Plan
- Operational Plan
- Business Risk
- Management and Structure
- Financial Plan and Projections
One of the most important information included in a rice farming business plan pdf is the financial projections, this is a rough estimate of figures that can help you set up a rice farming enterprise, it can as well pass for a sample of commercial farming business plan.
How Lucrative Is Rice Farming In Nigeria
When it comes to cash commodities in farming, rice remains top of the list chain, then you have yam, cassava and the rest of the cash crops. As stated earlier, rice is one of the most consumed food in Nigeria, in fact there are specific days Nigerians consume rice, and top of this period is during festive seasons such as Christmas, Easter, Salah celebrations.
Outside of this periods, it is almost like a tradition for every Nigerian family to make meal from rice for Sundays even when there are no special celebration. Apart from Garri, rice is the next on the list of most consumed meal in Nigerian households.
Looking at how rice farming has become in recent years in Nigeria, it is without doubt to say that in Nigeria rice farming has become a very lucrative investment that can yield maximum returns with all things being equal. Now this is where a rice business plan in Nigeria can come in handy. This should in no way be overlooked as it gives you a chance on higher returns.
If well cultivated, it can become a high yielding crop for you, starting from the nursery level of planting rice seedlings to the actually planting in itself. What a business plan for rice farming pdf file helps you to achieve includes helping you to outline all that you need and this includes the number of rice seedling you require, the size of land you will need and most especially the number of bags of rice you hope to produce, this should be on your project on rice production per year.
Estimation On Planting And Harvesting
In any type of farming two of the hardest things to do is the planting and then the harvesting, trust me, you donât want to be the one doing all these, thatâs why in your executive summary on rice production, you should add personnel that will help in both the planting and harvesting, truth is not everyone can do this, youâd break down even before you far.
In places like Abakaliki, Ebonyi State, there are laborers who are ready for hire, all you need to do when the time comes is to locate them and then engage them giving them specific instructions.
Farming rice on one Acre of land is capable of producing over 100 bags of rice, depending on the size of bags you use. This should be great news as this is the part of farming that most people are interested in. The fact is this, rice farming and harvesting doesnât take much time before profits starts rolling in.
It has been estimated that the standard time for both farming and harvesting takes less than five months, minus the rice milling part, in fact while making provision for your rice farming business plan , also make room rice milling as there are business plan for rice mill in Nigeria that can help in that regard. Within a space of 5 months you stand a chance of getting profits from your rice farming business.
With this estimation of time frame, you go for loan using your rice farming business plan as a platform in obtaining this loan from the bank, there is the option of grants etc. As a matter of fact, obtaining loans or seeking for fund which is used for rice farming has been made reasonably easy by the government, since the ban on the importation of rice, government is readily ready to assist anyone who wants to go into rice farming.
How To Start A Rice Farming Business Plan/ F ormat Of A Rice Business Plan
Rice farming is capital intensive, so also is the profit that comes with it, however, below are some of the information you should include in your rice farming business plan in Nigeria, in fact some of the free rice farming business plan pdf you download online has some of these information but maybe not well detailed;
- Get a business plan â This is paramount when it comes to starting up a business, every other move you make depends on what you have written in your business plan. A business plan is assumed to carry every information needed to set up a business, the financial implication, the number of workers to employ, the location to set up the business, the equipment to acquire etc. A business plan has to be comprehensive so as to provide all that is required information, in the case of rice farming business plan, you need to know the kind of soil where you can plant your seedlings, and most preferable is on a swampy land.
- Raise a capital â We already mentioned the possibility of obtaining loan either from the bank or from the government as they will be willing to help new rice farmers after the ban on the importation of rice. Your business plan could have a start up fund of up to five million Naira (N5,000,000), it could be more or less, however, it all depends on the size of land to be cultivated. Apart from the land needed for cultivation, the rice farmer will also need to build an irrigation channel if need be. We’ve been made to understand that rice can only do well on swampy land, in a situation where the land isnât swampy, you could build or create an irrigation channel, and this will help you in keep the land watered all year long. These and more requires a whole lot of money which could go into building up a farm.
- Location â This precisely should be a large portion of land; at least an acre should be OK for start, since you stand a chance of harvesting up 100 bags… All things being equal! Also in respect to getting the best location, it has been advised to use a swampy land for your rice farming. However, there is also a possibility of planting on dry land; however, in situations like this, you get to spend more by providing enough water for the rice farm. The process required is the irrigation system, irrigation is the sure way of planting all year long and getting bountiful harvest. In building a suitable irrigation system, you need to employ professionals who will help you in creating or building one for you.
- Seedlings – In farming one of the most important things you need is your seedling, in this case rice seeds. On the list of importance seeds are as important as the land, this explains why you must make provision for your seedling which you will for your propagation. it is also important to get the best rice seeds, getting a healthier seed is an added advantage, it is assumed that healthier seeds gives better yield, this is a general farming science where a better and healthier seed has a higher percentage of a better yield. it is also important you research on the type of rice seeds that is being farmed in the area you want to set up your farm, it is also assumed that these seeds responds to the environment except it has been proven to grow where you want to farm it. There are those seeds that have the ability of resisting attacks from pest or even environmental disease. Getting information about rice seedling is possible especially from a company listed under the National Agricultural Seeds Council (NASC), this is the government agency in charge of all the needed information on rice seeds. Getting the best rice helps you to achieve an improved yield of up to 15%, a possible resistance to pest attacks, a possible 70% growth etc. Also note that your rice seedlings should also accommodate the nursery rice seedling. Normally, there is a period of growing your nursery before you transfer to the main rice plantation. Most people do not know there is the process of growing the nursery and there is also the period when the there will be a transplant. Those who stay close to rice plantation have this information. Most farms engage only in farming nursery rice seeds, it is more like a seedbed. It is from the nursery stage that you can determine how well the rice will grow, as stated earlier healthy seeds can go as far as determining the yield at the end of the farming season, this is when the seeds is able to withstand nematodes as well as soil pathogens that can attack your rice farm.
Other Things You Need To Do for You Rice farm
Here are other important things you must do in order to run a successful rice farm; as stated earlier get a business plan on rice farming, this is where you start your journey to rice farming.
Research On The Risk Potentials
True to the fact that every business has its risk factors, so also is rice plantation/farming. Some of the things you have to risk is the selection of your seedling, most times this part of rice farming is done manually done in order to ensure the right seedlings are selected. True to the fact, this is an important part of rice farming.
Farm destruction by pest after planting, this is one thing that most farmers are scared of the most, planting and then having pest destroy their hard work, this is a common hazard in farming, farms are mostly attacked by pest and the best way to tackle this is to engage pest control technique, then you have the part where you have to build an irrigation. This cost a lot of money, the risk factor here is that your irrigation could be vandalized.
Another aspect of rice farming is the effective management of the soil where the rice is to planted, rice farming business plan should address how you can manage the soil nutrients as well as control on the weeds on the farm. Ensure that at all time you have less weed on the farm, since it has been advised that weed can kill you crop.
Weed feeds more on the soil nutrients than the crop itself, the reason why it must be removed at all time. A simple application of herbicides frequently can help you to achieve maximum nutrient and protection of weeds. Then you must apply fertilizer when needed, for a better result you must engage professionals who can test the soil for you, this is to know the level of nutrient the soil has.
Rice Business Profitability in Nigeria
Rice farming is arguably one of the most lucrative businesses in Nigeria right now. In business investment, profitability is one of the most important factors especially if you have to repay the loan taken from a bank to set up the farm. Now in business, the bigger the investment the bigger profit, this is actually dependent on proper management of the business, it wouldnât be a bad investment to go into agriculture especially the current agricultural revolution in Nigeria today, the ban of rice importation, it has become lucrative to invest in rice farming business.
Employ capable hands that will help in both the planting season and the harvesting season. Also seek for a trust worthy rice milling agent.
Building A Rice Farm Company
You can agree with me that building a complete rice farming business plan in Nigeria requires a lot, this includes the meeting all the financial needs of the rice farming business, needs such as getting equipment, building irrigation if necessary as well as other essentials.
One of the most important things to imbibe into your business is to ensure that your business has focus. It has already been established that making profit or maximizing profit is the first point of call in investment, since this is known, there are other things that can help you to avoid business failure which in the end helps the business to thrive, especially during difficulties, here we are going to discuss some of this things that will help you business to grow, Below are a few of them;
– Vision – You should at least have a vision for your Rice farming business. What vision for your business does for you is that it helps you to set achievable goals for your business. You could outline in your business plan that your rice farm will be one of the biggest in the country in sat three years time, you also state that in this specific period, that your rice farm produce should be regarded as the best in Nigeria, with the aim of conquering West Africa and Africa at large. The truth is that a vision for your business keeps your mind focus, since you have a time frame and failure to at least get close to your goal means you havenât worked enough. The main aim is surpassing your goal with the aim of setting a higher goal for your business. In essence, outline a workable vision for your company, let it not be too low a vision or too high a vision.
– Mission Statement – A little search around will tell you that any business that wants to be taken serious most times have a mission statement. The investors should be aware of this mission statements, this will give them an insight of how serious you are. In a situation where you want to borrow your start up fund from a financial, presenting a business plan that includes a vision and a mission statement give a lot more than just a rice farming business plan document. your mission statement could be a one line statement or sentence, most higher institution have one line mission statement, in the case of your farm, it will not be bad to have more than one mission state, you could have up to five (5) mission statements. Your mission statement should be centered on customer service, provision of quality or the best product, building customer relationship that will last into the future, creating an enabling business environment and most importantly trust.
– Business Objective – Your rice farm business objective should be a kind of summary of your vision and mission statements, however, your objectives should include how you can expand or increase your revenue. how long and how much are you willing to invest in order to achieve your business objectives, say N30,000,000 over a period of 2 years, with an estimated profit margin of about 20 to 25% profit margin, this involves having included the cost of rice production as well as other expenses. How sales will be achieved, relevant methods to apply and also a possible building of your brand through this channels.
These are key to success, having figured out what your visions are for your new rice farm business in Nigeria, follow it up by describing your mission statement and then outline an objective as a summary of what you intend to do.
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Sample Business Plan for investors in Nigeria
- Post author: Ane
- Post published: December 28, 2019
- Post category: BUSINESS-PLAN-AND-FEASIBILITY-STUDY / Feasibility Study
- Post comments: 0 Comments
Sample Business Plan for investors in Nigeria are business plans that you can send to potential investors. The objective is to attract their money into your business. Therefore, you need to tailor the business plan to suit them. Our Sample Business Plan for investors in Nigeria displays all of these Â
As a matter of fact, such investor-related business plan will tell the venture capitalists and angel investors what they need to know about your business. Therefore, they must know if it’s an existing business or a start-up business. These will help them  decide whether or not to invest in your company..
Furthermore, because they risk investing their hard-earned capital into your venture with the hope of reaping long-term returns worth many times their original investment, they will want to see a well-executed, investor-ready plan that demonstrates that you have a clear mission.
What the Investor wants to know:
Table of Contents
As a matter of fact, here, we present you a sample Investor-related business plan indicating all the elements they would want to watch in your plan. Therefore, your business plan must give detailed entrepreneurial vision. It must be able to describe the strategy and operations of the proposed venture. Again, it must bring together the key elements of your business giving full details about your products and services, the cost, sales and expected profits.
In this connection, you will have to organise your write-up in certain headings. Such headings will include your Executive summary, Company description, Market analysis, and Organizational management. Then don’t forget Sales strategies, Funding requirements and financial projections.
Sample Business Plan for Investors:
In furtherance of this, this Sample Business Plan for investors in Nigeria is for Complete Spare Parts Dealer Enterprise. Complete Spares Parts Dealers Enterprise is a start-up business. It is located at shop No. 15  Kugbo Mechanic Complex, Nyanya, Abuja, Nigeria. Â
The Executive Summary:
Complete Spares Parts Dealers Enterprise is a start-up Vehicle Parts dealership business that is involved in importing, distribution and retails of vehicle spare parts. These are vehicle serving parts, oil, engine components, body parts, and other associated vehicle accessories. In fact, our target are companies, government offices and individual vehicle owners and user around Nyanya town, Abuja city centre and their environs. Furthermore, our products are original parts imported from France, Germany, Hong Kong and other industrial countries of the world. In fact, our products meet SONâs international standard.
In addition, this business plan is to seek N30,000,000 15% interest p.a. loan from ABC Nig. Limited. Therefore, we are proposing that this loan will be used by us for 10 years. However, the interest element will be liquidated every financial year. After 10 years we will be liquidating this loan by paying N5,000,000 each year until itâs finally liquidated.
Our Objective:
Complete Spares Parts Dealers Enterprise has the following objectives â
- To import genuine parts from most industrial countries of the world.
- To build enough stock of spare parts that will last 6 months at a stretch before new imports arrive.
- This target we must achieve in the first year.
in addition, is
- To achieve the sales growth targets of N80,000,000 per annum from the second year.
- Pursue aggressive gains in market share and average monthly revenue in the years ahead
Furthermore;
- To target a 20% annual growth in turnover.
- Put in place aggressive marketing strategies to achieve these.
- To achieve steady net profit in the years of operation.
- Install management capacity capable of curtailing costs and meeting sales targets,
additionally,
- To provide a cheap after sales support services for our customers
- And, to provide quality customer service delivery
- To ensure that our products prices are fair and at best possible prices within our target market.
For the Complete Spares Parts Dealers Enterprise, our goal is to be the leading Vehicle Spare parts dealer in our target market environs.
Our Vision:
In addition, our vision is to provide a one-stop shop for accessing high quality vehicle spare parts in Kugbo in a desirable and conducive environment while offering products at fair and best possible prices.
Complete Spares Parts Dealers Enterprise Mission:
Furthermore, the Mission for Complete Spares Parts Dealers Enterprise is to exceed the customersâ expectations by providing high quality products and exceptional customer care services in a caring and loving way.
Our Products:
Our products and services are –
- High quality vehicle serving parts
- High quality vehicle body parts
- Imported engine parts and accessories
- Variety of car model parts
- Good quantity of vehicle spare parts.
- High quality  package delivery services
- Supper Customer Care Services
- Fair prices
- Consultancy Services
Sample Business Plan for investors in Nigeria – OWNERSHIP PROFILE
Nna Big is the Sole Proprietor.  He has over 20 years industrial experience, having spent 15 year of this in learning the business in Nnewi and Onitsha towns in Nigeria. In fact, he is experience in spare parts importation having been travelling to Hong Kong and France regularly in the past 5 years.
Management Team:
Nna Big is the Sole Proprietor. Â He has over 20 years industrial experience. He is the Managing director, who determines the policies and the operational models of the business. Therefore, he is the strategic director of the organisation. He is in-charge of importation orders and deliveries.
Mrs. Obosi Naji â (B.SC Marketing) â has over 10 years industry experience. These are experiences acquired in other related industries where she had worked. She is experienced in marketing strategies that impacts on business overall growth and development. In fact, she is the business development strategist and strategic marketer.
![samples of a business plan in nigeria Sample Business Plan for investors in Nigeria](https://i0.wp.com/completefmc.com/wp-content/uploads/2019/12/Motor-Parts.jpg?resize=583%2C281)
Competitor Analysis :
In Kugbo mechanic village are a lot of small and big vehicle spare parts retailers. Most of them are not direct importers. That is why we are optimistic that people will buy from us because of the following reasons:
- Quality imported products,
- Good relationships with vendors.
- We are direct importers
- Availability spares of the latest vehicle models in town.
- And computerized/ICTÂ tracking system
- Outstanding customer service
In addition are;
- Faster spare accessing duration
- Fair prices with discount offers
- Involvement of sales representatives
- Wholesale services available
What we brought into the Industry @ Sample Business Plan for investors in Nigeria :
As a matter of fact, we have brought so much into this market. Our marketing management dynamics and overall business growth and development strategies, we bring the following into the business –
- Impact of marketing training skill and practical experience,
- Capacity to consistently provide current and high quality spare parts,
- Modern techniques for dispensing spare parts
- Therefore, present wholesale system in addition to marketing reps that make us occupy reasonable place in the business value chain to a large extent.
- Quality imported products for variety of modern cars,
- Good relationships with vendors
- And, our personnel bring into operation, marketing and promotional skills,
Sample Business Plan for investors in Nigeria – THE INDUSTRY
Automotive industry happens to be a leading sector of the economy when it comes to revenue generation and social growth. This industry includes companies and organizations that get involved in designing, developing, manufacturing, marketing and selling of motor vehicles. In addition, companies in the automotive sector produce and manufacture car spare parts along with the accessories other than engines and its parts. They also produce car tyres, batteries and chassis.
NBS Report:
Latest report from the Nigerian Bureau of Statistics (NBS) estimates the total number of vehicles in the country at about 11.7 million. Out of this the commercial vehicles holding is about 58.08 per cent of the number.
Same report highlighted that Nigeria Imported approximately 1.2m Vehicle in Six Years. That is to say, Nigerian economy received a total of 1,216,131 used and new vehicles importation between 2012 to 201.
Itâs believed that as Nigeriaâs economy grows middle-income, middle class sector is set to expand beyond 40 million. That means consumers will increasingly want their own vehicles. Meaning increasing demand for automotive maintenance and repair services.
We know that to boost the domestic automotive industries, the Nigerian Government introduced its National Automotive Industry Development Plan (NAIDP) in 2013. This will actually promote our business the more.
Automotive Sector
In fact, Nigeria is going to be Africaâs next automotive hub, reckons PwC. In Its recent analysis it opines that the ratio of used car to new car sales in Nigeria is 75:25. And that for every new car there are 131 used cars on Nigeriaâs roads. This is very good for our business.
As indicated above, itâs said that there were an estimated 11.7 million vehicles on Nigeriaâs roads at the start of 2017. As reported by the National Bureau of Statistics. It also said that of these, 44.5% are privately owned, and 53.8% are commercial. However, the age of the vehicles means there is a constant need for vehicle parts and accessories. It is estimated that over 60% of cars on Nigeriaâs roads are more than 12 years old. Again, only about 11% are under five years old. In fact, the size of the imported vehicle market in Nigeria is currently estimated at Naira 1.2 trillion (approx. $3.3 billion). Again, an estimated 70% of this is second hand vehicles –  tokunbo.
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In fact, if you have need for a bankable business plan, we will assist you write a detailed, strong and winning business Plan for any purpose. As CAC accredited consultants we will also assist you register your businesses. In addition, as chartered accountants, we audit and produce your annual financial statements and make your tax returns. Just contact us immediately. Thanks for vising this site. Please continue visiting and reading through our articles. These lucrative business information are offered free. Though for us professionals, we spent time, effort and money to acquire the knowledge.
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Pharmacy Business Plan in Nigeria
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Pharmacy Business and Financial Plan
Our Pharmacy Business Plan in Nigeria is well documented and can also be used for, but not limited to:
- Grant Applications,
- Bank Loans,
- Proposal writing,
- Business Concept Note,
- Competitions e.t.c
Purpose of the Pharmacy Business Plan in Nigeria
Purpose | Description |
---|---|
1. Grant Applications | Seeking financial support from grants |
2. Bank Loans | Securing loans from financial institutions |
3. Proposal Writing | Crafting business proposals |
4. Business Concept Note | Outlining the core concept of the business |
5. Competitions | Participating in business competitions |
6. Investor Presentations | Pitching the business to potential investors |
7. Strategic Planning | Developing long-term business strategies |
8. Marketing Initiatives | Planning and executing marketing campaigns |
9. Regulatory Compliance | Ensuring adherence to legal regulations |
10. Expansion Strategies | Planning for business growth and expansion |
11. Partnership Proposals | Proposing collaborations with other businesses |
12. Research and Development | Conducting R&D activities |
13. Employee Training | Training employees on various aspects of the business |
14. Stakeholder Communication | Communicating with stakeholders |
15. Sustainability Initiatives | Implementing eco-friendly practices |
16. Industry Analysis | Analyzing the industry trends and dynamics |
17. Market Research | Gathering data on market trends and consumer behavior |
And More | Additional uses beyond those listed above |
Benefits of the Pharmacy Business Plan in Nigeria
The Pharmacy Business Plan in Nigeria is beneficial because
- It helps in outlining the steps needed to achieve the business goals and ideas.
- It helps to articulate strategy to stakeholders who support the business.
Importance of the Pharmacy Business Plan in Nigeria
The Pharmacy Business Plan in Nigeria is important because
- It will assist you in making sound decision in the administration of the commercial enterprise which will make a contribution to the success of the business.
- It will additionally gives distinctive statistics on all components of the business, outlining the business desires and the steps required to achieve them.
Content of the Pharmacy Business Plan in Nigeria
- Executive Summary
- Introduction
- Business Description
- Keys to Success
- Products and Services
- Market Analysis
- Our Target Market
- Pricing Strategy
- Competitor Analysis
- Sales and Marketing Plan
- SWOT Analysis
- PEST Analysis
- Operational Plan
- Management plan
- Financial Plan and Projections
- Financial Diagnostics
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đ Download Business Plans in Nigeria This is samphina.com.ng your #1 plug for any Business Plan (Startups) in Nigeria. We understand the time factor, and we have simplified the process so that you can get your Business Plan ready as soon as possible by making available Business Plan for different businesses in Nigeria.
Looking through existing business plan templates gives a clear picture of what your business plan should look like. This post contains a long list of free sample business plan templates that will give you the easy start you really need to write your own business plan. 1. Catering Business Plan. If you love to cook and are thinking about ...
The business plan examples in this article follow this template: Executive summary. An introductory overview of your business. Company description. A more in-depth and detailed description of your business and why it exists. Market analysis. Research-based information about the industry and your target market.
This SAMPLE BREAD AND BAKERY BUSINESS PLAN IN NIGERIA is useful for apprentices in training, small and medium scale business owners, large scale businesses, accessing Bank Loans, Equity funding and Grants. This business plan can also be used in Proposal Writing, developing Business Concept Notes, understanding industry and market analysis and ...
There are several free templates for business plans for small business owners available online, including Shopify's own version. Download a copy for your business. by Desirae Odjick. Last updated 10 Apr 2024. Use this free business plan template to write your business plan quickly and efficiently.
Complete Sample POS Business Plan in Nigeria. FREE POS BUSINESS PLAN SAMPLE DOWNLOAD. DOWNLOAD NOW. Executive Summary. POS Niger is a startup that provides point of sale (POS) services to small businesses in Lagos, Nigeria. As digital payments usage surges across Nigeria, POS Niger fills a growing need for secure, reliable POS solutions ...
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Most times a comprehensive business plan will give you an overall view of the whole business which generally serves as a guide for starters to have an idea of what to come. Business plan helps not to deviate from the main business idea. But, to focus on the plan. As the general saying: "When you fail to plan, you plan to fail".
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Internal Control Business Plans. Strategic Business Plans. Feasibility Business Plans/Analysis. Operations Business Plans. Growth Business Plans. Do not be confused, you can still group these into Strategic plans, operational plans, internal plans, Lean Plans or specific project plan.
Business Center Business Plan In Nigeria 2024 Sample. How to start a business center in Nigeria - The focus of this post apart from how to start a business center in Nigeria is how you can write your business center business plan in Nigeria, as well as having all the financial projection as the case maybe.. Most times people confuse a business center with a cyber cafe, actually both ...
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The projected P&L statement for a Nigerian restaurant shows how much revenue and profit your business is expected to make in the future. A healthy Nigerian restaurant's P&L statement should show: Sales growing at (minimum) or above (better) inflation. Stable (minimum) or expanding (better) profit margins.
Here Are 100 FREE Samples And Templates! by Tolite22 ( m ): 1:40pm On Jan 15, 2015. BUSINESS PLAN SAMPLES AND TEMPLATES. 1. Night Club Business Plan. The Spot is a new night club that will focus on attracting the students of State University, with a student population that exceeds 22,000 and growing by 15% each year.
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Sample Business Plan for investors in Nigeria - OWNERSHIP PROFILE. Nna Big is the Sole Proprietor. He has over 20 years industrial experience, having spent 15 year of this in learning the business in Nnewi and Onitsha towns in Nigeria. In fact, he is experience in spare parts importation having been travelling to Hong Kong and France ...
Importance of the Logistics Business Plan in Nigeria. The Logistics Business Plan in Nigeria is important because. It will assist you in making sound decision in the administration of the commercial enterprise which will make a contribution to the success of the business. It will additionally gives distinctive statistics on all components of ...
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Samphina Academy is an Online Educational Resource Center that is aimed at providing students with quality information and materials to aid them in succeeding in their academic pursuit. Plastic Bottle (PET) Recycling Business Plan in Nigeria. Petrol Station Business Plan in Nigeria. This Sample Pharmacy Business Plan in Nigeria can be used for ...