Dried fish processing and packaging Business Plan in Nigeria
This sample dried fish processing and packaging business plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Notes, Competitions, etc. Dried fish processing and packaging business 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 FOR DRIED FISH PROCESSING AND PACKAGING BUSINESS PLAN IN NIGERIA
Business: DRIED FISH PROCESSING AND PACKAGING
Industry: Food Processing (Dried fish processing and packaging Business plan in Nigeria)
PATILAD WONDER is a dried fish processing company based in Anambra State, Nigeria. We are registered as a limited liability company owned by Dayo Adetiloye, Pelumi Agunbiade and other investors under the Nigerian Corporate Affairs Commission (CAC) and legally licensed by the National Agency for Food Drug Administration and Control (NAFDAC) here in Anambra State. We have also been able to secure all necessary permits and documents from all concerned departments across all level.
We started this dried fish processing and packaging business to contribution to reducing Nigeria’s shortfall in the supply of fish and the supply of proteins and nutrients needed to feed the teeming population of Nigeria as a whole. we want to take advantage of the numerous opportunities in the agricultural sector, to help Nigeria’s economy improve by increasing domestic food production, to export agricultural products from Nigeria to other nations, reduce waste and above all else, to make profit.
We intend to grow into one of the best Agro based industries in Nigeria which has taken advantage of the abundant resources in the country to create goods for export. At PATILAD WONDER, we have been able to acquire machinery that allows us to dry 700kg of fish per batch.
With the goal of reaching the larger national market and the intention to go international, PATILAD WONDER continues to focus on marketing, distribution, brand development, research and development.
Market Potential
The recent transcontinental migration brings about a growing appreciation for African food and flavor which has increased the demand for dried fish both locally and abroad.
According to the reports of the Food and Agriculture Organization of the United Nations, over 500 tons of dried fish are imported into the Unite States per year from West African out of which only Nigeria is supplying 5 tons per months.
Locally, the continues growth in population, income and urbanization has equally increase the demand for dried fish as people seriously moving to ready to use items due to the busy life.
The abroad and domestic demand for dried fish shows clearly that there is a huge potential for dried fish production in Nigeria
One other major factor for this growth globally is the rising trend of health consciousness and increasing demand for high protein food products among youth and millennials.
Products and Service
PATILAD WONDER will concentrate on operating a standard and licensed dried fish processing company whose products will not only be sold in Nigeria but will be well suitable for export to other countries such as ECOWAS countries, America, and Europe.
We will produce quality dried fish for local consumption and for export. 60% of our products will be exported to our neighboring countries
We are in the business to make profits and also to give our customers value for their money as well as well as reduce agricultural waste.
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Our Target Market
We at PATILAD WONDER work hard to make our products a desirable option for citizens and owners of retail establishments in Nigeria and beyond. Our target market is widespread and all-inclusive and this is basically because loads of people are beginning to switch to ready to use products as a result of their busy and hectic lifestyles.
Due to this, we have set up our dried fish processing and packaging business to cater to the following client base:
- Married and Single.
- Retail outlets
- Export markets
- Supermarkets and Grocery Stores
- Restaurants
- Outdoor caterers
- Households
- Event planners etc.
Our Vision Statement
Starting from Nigeria, our vision is to grow into one of the top businesses in the global agro processing sector within the next 5 years.
Mission for the Dried Fish Processing and Packaging Business Plan in Nigeria
- To fill every corner of Nigeria and other west African nations with our professionally packaged and processed dried fish processing and packaging.
- We understand that the customer service we provide is extremely important, so we make effort to exceed customer expectations always.
Management Team of the Dried Fish Processing and Packaging Business
Pelumi Agunbiade: She has over nine years of experience business and has over the years assisted in growing several businesses having worked for some leading brands in Nigeria. She has a B.Sc. in Business Administration from the University of Lagos (UNILAG). She is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS).
Mr. Dayo Adetiloye – (B. Agric., MBA, and PMP): He has over 15 years of 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.
Our Business Structure
With a clear picture of our long-time dream as to the kind of Dried Fish Processing and Packaging production business we intend to build. We are aware of the importance of building a solid business structure that can support the kind of world class business we want to own. As such, we are ready to make necessary financial investment to achieve this dream.
We have put in place a structure that allows all of our senior management workers have access to profit-sharing arrangements, which will be dependent on their success over time.
In light of the aforementioned, we have chosen to hire talented and experienced personnel to fill the following positions:
- Executive Director
- Administrator/Accountant
- Manager
- Customer Service Executives
- Social Media Manager
- Security Guard
- Truck Drivers
- casual workers
Our Competitive Advantage
Food processing industry is fiercely competitive and PATILAD WONDER is fully aware of this competition all over the globe. We are prepared to compete favorably with other key players in Nigeria and beyond.
Some of our competitive advantages includes;
- The uniqueness of our production processes
- No existing projects of this magnitude in our location.
- Our distribution networks
- The vast experience of our team
- Our excellent customer service culture
- Proper care and development opportunities for our employee
- Our leverage of the internet by using our websites and social media platforms.
Equipment needed to start Dried Fish Processing and Packaging
1. Raw Materials:
- Fresh fish such as tilapia, catfish, mackerel, or any other suitable fish species.
2. Cleaning and Gutting:
- Fish Cleaning Station: Tables or workstations with running water for cleaning fish.
- Knives and Scissors: For gutting, scaling, and removing fins from the fish.
- Gutting Tools: Gutting machines or hand tools for removing the entrails.
3. Washing and Brining:
- Brine Solution: Water mixed with salt for brining the fish.
- Brining Tanks: Tanks or containers for soaking fish in the brine solution to improve preservation.
4. Drying Equipment:
- Drying Racks: Racks or trays for laying out the fish during the drying process.
- Solar Dryers: Solar-powered drying systems for dehydrating the fish.
- Smokehouses (Optional): Smoking chambers for smoking fish for additional flavor and preservation.
5. Packaging Materials:
- Packaging Bags or Containers: Food-grade plastic bags, vacuum-sealed bags, or airtight containers for packaging dried fish.
- Labels: Labels with product information, including fish species, weight, and expiration date.
6. Weighing and Sealing:
- Weighing Scale: For accurately measuring and portioning dried fish.
- Sealing Machine (Optional): Heat-sealing equipment for sealing packaging bags.
7. Quality Control:
- Quality Testing Equipment: Tools for checking the quality of dried fish, including moisture content and texture.
- Laboratory Equipment: Analytical instruments for testing fish quality and safety.
8. Utilities:
- Electricity: Power supply for operating processing equipment.
- Water Supply: For cleaning equipment and processing areas.
9. Safety and Hygiene:
- Personal Protective Equipment (PPE): Gloves, hairnets, and aprons for workers.
- Sanitation Supplies: Cleaning agents, sanitizers, and disinfectants for maintaining cleanliness and hygiene in the production area.
10. Storage Containers:
- Storage Bins or Racks: Clean, dry storage containers for storing raw and processed fish.
11. Transportation:
- Delivery Vehicles: Trucks or vans for transporting raw materials and finished products.
To buy the remaining part of this business plan, including the detailed financial analysis, call any of our business plan consultants on 08105636015, 08076359735 and 08113205312. You can send a WhatsApp message or email us either at dayohub@gmail.com or info@dayoadetiloye.com.
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Call any of our business plan consultants on 08105636015, 08076359735 and 08113205312
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