CONFECTIONERY BUSINESS PLAN IN NIGERIA
This sample Confectionery Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Confectionery 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 Confectionery Business Plan in Nigeria
Business: CONFECTIONERY
Industry: Confectionery Industry (Confectionery Business Plan in Nigeria)
Confectionery Business plan in Nigeria
PATILAD Confectionery is a leading bakery business based in Garki, Abuja. We cover a wide range of both domestic and corporate clients. We are a unique bakery brand because we do not just sell breads, cakes and snacks amongst others we run a standard bakery furthermore, we offer consultancy services in line with our area of business.
Confectionery is the art of making confections, which are food items that are rich in sugar and carbohydrates. Exact definitions are difficult. In general, though, confectionery is divided into two broad and somewhat overlapping categories, bakers’ confections and sugar confections
Patilad Confectionery is set to redefine how bakery business should be run, not just in Abuja, but also in the whole of the Nigeria. That is why we have put plans in place for continuous training of all our employees at regular interval and also liaising with stake holders in the industry to contribute our quotas in the way bakery ovens and equipment should be designed and fabricated to meet the ever changing demand of the industry.
Our strongest selling point at Patilad Confectioneries is the unique taste of all our products. There is hardly any customer that comes across any of our products by way of taste, who wouldn’t want to come back to make more purchases. Without mincing words, we take delight in welcoming repeat customers over and over again.
At Patilad Confectioneries, we service small clients as well as the big clients. This is because we are into retailing and wholesale distribution. Our bakeries are opened to customers to purchase hot baked breads and also our distribution vans are all over the cities where our bakery outlets are located.
At Patilad Confectioneries, we deal in all forms of baked foods; assorted breads to cakes and snacks etc. We have outlet that retail our products and we have walking customers.
Below are some of our products and services:
Fruit Bread, Coconut Bread, Flour Bread, Wheat Bread, Cupcakes, Sandwich, Scotch egg, Meat Pie, Pizza, Cakes, Training and consultancy services.
These products are produced to meet the ever growing demand for low cost high quality products that are compatible with what the average Nigerian can afford and still guarantee its suitability to their different occasions and taste.
Problem Statement:
- Limited Breadth of Offerings: Traditional bakeries in Garki, Abuja, and Nigeria at large often focus solely on the basic production and sale of bread, cakes, and snacks. This narrow product range fails to cater to the diverse preferences and demands of both domestic and corporate clients.
- Lack of Consultancy Services: Many bakeries do not provide additional services beyond the sale of baked goods. The absence of consultancy services means that clients miss out on expert guidance regarding optimal product selection, event planning, and other related bakery needs.
- Insufficient Employee Training: The bakery industry faces a challenge with employees lacking consistent and standardized training. This can lead to variations in product quality and service standards, ultimately affecting customer satisfaction.
- Outdated Bakery Equipment: The current state of bakery ovens and equipment may not align with the evolving demands of the industry. The lack of innovation and collaboration with stakeholders results in equipment that may not be efficient, sustainable, or capable of meeting modern industry requirements.
Solution Statement:
- Diversified Offerings and Consultancy Services: PATILAD Confectionery is introducing a unique approach by not only offering a wide range of bakery products but also providing consultancy services. This ensures that clients receive personalized guidance, event planning assistance, and tailored solutions for their specific needs.
- Continuous Employee Training: Recognizing the importance of well-trained staff, PATILAD Confectionery is committed to ongoing training sessions for all employees. This not only enhances their skills but also ensures consistent product quality and service excellence.
- Collaboration with Stakeholders: PATILAD Confectionery is actively engaging with stakeholders in the bakery industry. By collaborating with experts, suppliers, and other players, the bakery aims to contribute insights and innovations that can influence the design and fabrication of bakery ovens and equipment, addressing the current limitations.
- Industry Leadership and Innovation: PATILAD Confectionery’s vision goes beyond just being a bakery; it aspires to redefine industry standards. Through continuous training, diversified services, and active collaboration, the bakery aims to lead the way in transforming how bakery businesses are run not only in Garki, Abuja but throughout Nigeria.
The benefits of our products and services are
1. Provision of Unique and High-Quality Products:
PATILAD Confectionery is committed to setting itself apart by ensuring that every product leaving our bakery is not only of the highest quality but also possesses a unique and distinctive flavor. Our team of skilled bakers employs innovative techniques and uses premium ingredients to craft products that exceed customer expectations in taste, freshness, and overall satisfaction.
2. Availabilities of Varieties of Products:
Recognizing the diverse preferences of our clients, PATILAD Confectionery prides itself on offering an extensive range of bakery products. From an array of bread, cakes, and snacks to customized items, our bakery caters to the varying tastes and dietary requirements of both our domestic and corporate customers.
3. Prompt Delivery Services:
At PATILAD Confectionery, we understand the importance of timely deliveries. To ensure customer satisfaction, we have implemented efficient logistics and delivery systems. Our commitment to prompt delivery services not only guarantees the freshness of our products but also adds a layer of convenience for our clients, making us a reliable choice for their bakery needs.
4. Excellent Customer Care Services:
Our dedication to excellent customer care services goes beyond just selling products. PATILAD Confectionery places a strong emphasis on building lasting relationships with our clients. Our knowledgeable and friendly customer care team is always ready to assist with inquiries, provide product recommendations, and ensure that every customer interaction is a positive and memorable experience.
5. Fair and Lowest Possible Prices:
PATILAD Confectionery is committed to offering competitive and fair prices for our high-quality bakery products. We believe that everyone should have access to delicious and well-crafted baked goods without breaking the bank. Our pricing strategy is transparent, ensuring that our customers receive the best value for their money while enjoying the exceptional quality of our products.
Objective for CONFECTIONERY Business Plan in Nigeria
- To become the premier Confectionery producer in Nigeria.
- To aggressively expand during the first three years of operation.
- To satisfy our market segment that demand higher quality products and to maintain a steady growth in sales volume that will sustain the company for future years
- To offer high-quality unique, exquisite and sophisticated jewelry designs at reasonable prices.
- To achieve net profit in year one, increasing in year two, by containing costs and meeting sales goals.
- To provide quality sales service and products at fair and best possible prices.
Goal for the Confectionery Business Plan in Nigeria
To be the leading CONFECTIONERY producing company in Nigeria and the West African sub region in ten (10) years through the provision of excellent sales services and products.
Vision for the Confectionery Business Plan in Nigeria
Our vision is to establish a standard and world class Confectionery company whose services and brand will not only be accepted in Nigeria, but also in other parts of the world.
Mission for the Confectionery Business Plan in Nigeria
Our mission is to be amongst the top 5 leading confectionery company in Nigeria before our 5th Anniversary. Also to build a bakery business that will meet the needs of all our customers and potential customers in the cities where we have our outlets.
Confectionery Business plan in Nigeria
Management Team of the Confectionery Business Plan in Nigeria
Akinwande Favor – is highly knowledgeable in the Confectionery business. He has over 8 years’ experience in the industry. Moreover he is a graduate of Food Scientist from the prestigious Obafemi Awolowo University, Ile-Ife.
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.
Aderemi Timothy: He has broad experience in the Confectionery industry. He works as a consultant for more than 4 years for some high profiled Confectionery companies. He studied Food and Nutrition in the University of Ibadan.
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We brought to the business:
– Educational skill and practical experience in Confectionery business.
– Capacity to consistently provide high quality, unique, exquisite and sophisticated Confectionery all year round.
– Quality product and good understanding of the market trend.
– Our staff brings operational, marketing and promotional skills to the business.
With over 10 years’ experience in Confectionery business and numerous exposure to both the scientific and practical aspect of confectionery business, I’ve been 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 CONFECTIONERY BUSINESS PLAN IN NIGERIA.
The materials includes outdoor signs(banners), Oven, Proof boxes, mixers, work tables, shelving racks, Pans (Sheet pans, bread pans)sinks, freezers, small wares (spatulas, spoons, mixing bowls, pastry knives and so on), bread slicer, display case, nylons or paper for packaging, Aprons (Hair net, hats), food processor or chopper, Gift wrapping box, receipt, printers, security system (CCTV), Point-of-sale System (POS). Adequate cleaning supplies (glass cleaner, mops, spray cleaners, sponge and so on).
COMPETITOR ANALYSIS FOR CONFECTIONERY BUSINESS PLAN IN NIGERIA
People buy from us because of the following reasons:
– High quality, unique, exquisite Confectionery products
– All year round available of our customers’ choicest products
– Efficient and highly reliable distribution network
– Excellent customer care services
– Fair and best possible prices and discount offers
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Confectionery Business plan in Nigeria
Our three major competitive advantages are:
1. High-Quality, Unique Confectionery Products:
PATILAD Confectionery takes pride in consistently delivering confectionery products of the highest quality. Our commitment to excellence is reflected in the meticulous selection of premium ingredients and the application of artisanal techniques in our baking process. Each product leaving our bakery is not just a treat; it’s a testament to our dedication to providing a unique and delightful culinary experience for our customers.
2. Different Varieties, All Year Round Availability of Customers’ Choicest Products, Combined with Effective Marketing Strategy:
To meet the dynamic preferences of our diverse customer base, PATILAD Confectionery ensures a wide array of confectionery varieties. Our commitment to all-year-round availability ensures that our customers can indulge in their favorite treats whenever they desire. Beyond product availability, we employ an effective marketing strategy to communicate our offerings, engage our audience, and create awareness about the delightful range of confectionery options we provide.
3. Fair and Best Possible Prices and Discount Offers:
At PATILAD Confectionery, we understand the importance of affordability without compromising on quality. Our pricing strategy is rooted in fairness, ensuring that our customers enjoy the best possible prices for our premium confectionery products. Additionally, we regularly introduce discount offers to make our treats even more accessible, allowing our customers to savor the sweetness of our creations without breaking their budget. Our commitment is to provide not just confectionery delights but also value for money.
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