CASHEW NUT PROCESSING BUSINESS PLAN IN NIGERIA
Cashew Nut Processing Business Plan in Nigeria
This sample Cashew Nut Processing Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Cashew Nut Processing Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.
Business Description of Cashew Nut Processing Business Plan in Nigeria
Business: CASHEW NUT PROCESSING
Industry: Agro-Processing (Cashew Nut Processing Business plan in Nigeria)
PATILAD CASHEW NUTS is a standard and leading cashew nut processing company that is based in Yenogoa, Bayelsa State. We sell processed cashew nuts to wholesalers and retailers both in the local and international market. We also offer other services such as franchise and advisory services in line with our revenue generation goals. Our mission is to ensure that we sell processed organic cashew nuts of the high quality to our various customers all over Nigeria and beyond.
we have been able to procure the necessary licenses and permits from the relevant departments here in Nigeria so that we can carry out our business without breaking any laws. We have structures and processes put in place to ensure that when it comes to hygiene, processing and packaging, we will be on top of our game.
Our aim of establishing PATILAD CASHEW NUTS is not only to generate revenue and maximize profit but also to favorably compete against similar processed cashew nuts brands both new and existing, and be known as one of the top five cashew nuts processing factories in Nigeria within five years. In order to achieve this, we have gone the extra mile to ensure that we get the best professionals and also the best equipment so that we will run a standard cashew nuts processing factory.
Cashew nuts has been the leading nuts globally from 2014 and is expected by 2021 to continue maintaining its leading position. The past years have seen changes in the consumption patterns of nuts all over the world as it has been found that nuts have a positive effect on the human body by reducing heart disease, preventing diabetes and also reducing blood cholesterol. This has led to a growing demand for genetically modified crops that will help meet up with the global demand for these nuts. The nuts market globally is expected to grow from the periods of 2015 to 2021 at 1.7% CAGR. As at 2014, the global nuts market was valued at $1,137.06 billion and it is expected to reach $1,279.4 billion by 2021.
Our facility is located in an area that is not only easily accessible to our employees but also to our clients. We have put in structures to ensure that the facility is conducive at all times for our employees, which is why our employees have come to see the factory as a home to them and are always eager to come to work and be productive for the good of the firm. Because of how seriously we take our business structure, we have gone the extra mile to ensure that we source for and hire only the best employees for PATILAD CASHEW NUTS. Our employees do not only come with the required experience, they also understand the industry we are in and know how best to ensure that from scratch we achieve our intention of becoming a national phenomenon.
The benefits of our products and services are
- Availability of several varieties of goods and products meeting the need of a wide range of class of people.
- Unique packaging of our processed products.
- Exceptional customer care services.
- Fair and lowest possible prices.
Our products and services
PATILAD CASHEW NUTS sell processed organic cashew nuts, salted and roasted to all our customers in Nigeria and to other countries from our location here in Yenogoa, Bayelsa State. Because we intend to create multiple sources of income so as to boost our bottom line and ensure business growth, we intend to offer other services such as training and consultancy services. Our products and services are as follows;
- Sale of processed organic packaged cashew nuts- salted and roasted to all our various clients.
- Franchise
- Training
- Consultancy services
Keys to Success
The keys to success for the Cashew Nut Processing business include:
- High level professionalism and an eye for taste of various clients.
- Improved efficiency and affordable cost.
- Unique packaging of processed products.
- Building trust with clients.
- Competitive pricing.
Objective for Cashew Nut Processing Business Plan in Nigeria
- To boost image and awareness by establishing baseline customer satisfaction of 100%.
- To increase the number of designs offered by 8% per year.
- To generate customer satisfaction so that at least 60% of our customer base is repeat business.
- To achieve net profit of $60,000 in four years.
Goal for the Cashew Nut Processing Business Plan in Nigeria
To be known as one of the five (5) top cashew nut processing factory within the next five years.
Read Also: Cocoa-Farming-Processing-Business-Plan-Nigeria
Vision for the Cashew Nut Processing Business Plan in Nigeria
Our vision is to produce organic cashew nuts that have been processed through a quality standard. We also intend to be the preferred brand customers when it comes to buying processed cashew nuts.
Mission for the Cashew Nut Processing Business Plan in Nigeria
In order to achieve our vision, we intend to deal in the best business practices and also build a solid business structure that will see us employing competent and dedicated employees that understand our corporate goals and objectives.
Management Team of the Cashew Nut Processing Business Plan in Nigeria
KACHIKWU Emeka – has over 5 years of experience having worked in a Cashew Nuts Processing Factory and will bring his vast experience to bear in the business. He is an experienced businessman and entrepreneur and one who has a B.Sc in Agricultural Economics as well as a Master’s Degree from a prestigious business school.
Mr Dayo Adetiloye – (B. Agric., MBA, and PMP): He has over 15 years’ experience in business management, business start-up dynamics, financial management of business and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan African University (PAU). He is our business development strategist and a strategic partner.
We brought to the business:
- Educational skill and practical experience in Cashew Nut Processing
- Capacity to consistently provide outstanding service.
- Quality processed product and good understanding of the market trend.
- Our staff brings operational, marketing and promotional skills to the business.
Management experience gained for the Cashew Nut Processing Business Plan in Nigeria
With over 5 years’ experience in Cashew Nuts Processing business and numerous exposure to both the scientific and practical aspect of services, I’ve being able to master the technical requirements, financial management, staff recruitment and organization skills among other things necessary to give the industry good commendation from our clients.
My managerial skill has also helped in putting together a workforce for over 5 years, which will also help me to coordinate the team work in most aspect of the company.
I am the CEO of the company overseeing the day to day activities of the business.
Materials and Machine for Cashew Nut Processing Business Plan in Nigeria
Store facility, diesel generator set, steam boiler, cooking vessels, semi-automated peeling machine, husk winnowing machine, hot oven, steam pipeline, pieces separator, vacuum packing/sealing machine, hand operated cutting machine, cashew filling machine, food grade plastic tubs, buckets, crates, bowls, etc.
Competitor Analysis for Cashew Nut Processing Business Plan in Nigeria
People buy from us because of the following reasons:
- Highest-quality processed cashew nuts products.
- Unique packaging of cashew nuts products.
- Effective customer care service.
- Fair and best possible prices and discount offers.
Our three major competitive advantages are:
- Highest-quality processed cashew nuts products.
- Unique packaging of cashew nuts products.
- Fair and best possible prices and discount offers.
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