EDIBLE CASHEW KERNEL PRODUCTION BUSINESS PLAN IN NIGERIA
EDIBLE CASHEW KERNEL PRODUCTION BUSINESS PLAN IN NIGERIA
This sample edible cashew kernel production business plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Notes, Competitions, etc. Edible cashew kernel production 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 EDIBLE CASHEW KERNEL PRODUCTION BUSINESS PLAN IN NIGERIA
Business: EDIBLE CASHEW KERNEL PRODUCTION
Industry: Food Processing (Edible Cashew Kernel Production Business plan in Nigeria)
PATILAD WONDER is an Edible Cashew Kernel Production company based in Kogi 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 Kogi State. We have also been able to secure all necessary permits and documents from all concerned departments across all levels.
We started this Edible Cashew Kernel Production business to contribute to reducing Nigeria’s shortfall in the supply of 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, exporting agricultural products from Nigeria to other nations, reducing waste, and above all else, making profit.
We intend to grow into one of the best Agro-based industries in Nigeria which have taken advantage of the abundant resources in the country to create goods for export. At PATILAD WONDER, we have been able to acquire the machinery needed for the commercial production of our product.
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
There is an enormous demand for Edible Cashew Kernel because it can be consumed at any time of the day by both old and the young, unfortunately, most of those in the market today are not well packaged and are very unhygienic. Also, a market exists in the ECOWAS sub-region for Edible Cashew Kernels.
Cashew (Anacardium occidentale) is an important industrial and export crop whose potential is yet to be fully exploited in Nigeria. Cashew has for many years been used for food and income generation. The trees are usually grown for their kernels which when roasted have a very pleasant taste. Cashew is the common name for a tropical and subtropical evergreen tree, Anacardium occidentale L., in the flowering plant family Anacardiaceae
These cashew nuts are of commercial importance. It contains 47% fat, 21% protein, and 22% carbohydrate. It also contains vitamins, especially thiamine. Cashew nut proteins are complete, having all the essential amino acids and a kilogram of the nut yields about 6000 calories compared to 3600 calories from cereals, 1800 calories from meat, and 650 calories from fresh citrus fruit.
Worldwide, trade-in cashews exceed US$2 billion and demand is increasing. Of the total world supply, 110 000 tonnes are traded on international markets. There is a great investment opportunity for the processing and export of the commodity in Nigeria.
EDIBLE CASHEW KERNEL PRODUCTION BUSINESS PLAN IN NIGERIA
Products and Service
PATILAD WONDER will concentrate on operating a standard and licensed Edible Cashew Kernel Production 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 Edible Cashew Kernel 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 reduce agricultural waste.
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 packaged product
Due to this, we have set up our Edible Cashew Kernel Production business to cater to the following client base:
- Married and Single.
- Retail outlets
- Export markets
- Supermarkets and Grocery Stores
- Households 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 Edible Cashew Kernel Production Business Plan in Nigeria
- To fill every corner of Nigeria and other West African nations with our professionally packaged and processed Edible Cashew Kernel Production.
- We understand that the customer service we provide is extremely important, so we make effort to exceed customer expectations always.
EDIBLE CASHEW KERNEL PRODUCTION BUSINESS PLAN IN NIGERIA
Management Team of the Edible Cashew Kernel Production 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.
Read also: CITRUS FARM/ORCHARD BUSINESS PLAN IN NIGERIA
Our Business Structure
With a clear picture of our long-time dream as to the kind of Edible Cashew Kernel 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 the necessary financial investments to achieve this dream.
We have put in place a structure that allows all of our senior management workers to 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
- Production officers
- Social Media Manager
- Security Guard
- Truck Drivers
- casual workers
Equipment needed to start Edible Cashew Kernel Production
1. Raw Cashew Nut Processing Equipment:
- Cashew Nut Shelling Machine: For removing the outer shell from raw cashew nuts. There are different types of shelling machines, including hand-operated and automatic ones.
- Cashew Nut Grading Machine: To sort raw cashews based on size and quality.
- Steam Cooker: Equipment for steaming raw cashews, which is a crucial step in the processing to soften the shell and facilitate easier shelling.
2. Cashew Kernel Processing Equipment:
- Cashew Kernel Drying Machine: After shelling, the cashew kernels need to be dried to reduce moisture content.
- Cashew Kernel Peeling Machine (Optional): If you want to produce peeled cashew kernels, a peeling machine may be used.
- Cashew Kernel Grading Machine: To sort cashew kernels based on size and quality.
3. Roasting Equipment:
- Cashew Roasting Machine: For roasting cashew kernels to enhance flavor and aroma.
4. Packaging Equipment:
- Packaging Machine: For efficiently packaging cashew kernels into bags or containers. This can be a manual or automated packing system.
- Labeling Machine: If applicable, a machine for labeling packaged cashew kernels.
5. Quality Control Equipment:
- Laboratory Equipment: Testing tools and equipment for quality control, including moisture content analysis and aflatoxin testing.
6. Storage Bins or Silos:
- Storage Containers: To store both raw cashews and finished cashew kernels.
7. Utilities:
- Electricity: Reliable power supply to run the equipment.
- Water Supply: Adequate water supply for cleaning and processing.
8. Safety Equipment:
- Safety Gear and Signage: Personal protective equipment (PPE) for workers and safety signage in compliance with regulations.
9. Training and Documentation Materials:
- Training Manuals and Materials: Educational resources for staff training on safety protocols, equipment operation, and quality control.
10. Office Equipment:
- Computers and Software: For administrative tasks, inventory management, and record-keeping.
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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