Flooring Business Plan In Nigeria Flooring Business Plan In Nigeria

FLOORING BUSINESS PLAN IN NIGERIA

Flooring Business Plan In Nigeria

This sample flooring business plan in Nigeria can be used for government and non – government business grant applications, for bank loan applications, for writing business proposals, in writing business concept notes, for business grant competitions, other competitions, and so on. The flooring business plan in Nigeria is a really great business idea and will require a whole lot of strategic planning to launch the business. You will need the technical assistance a d backing of a professional business consultant in Nigeria like Dayo Adetiloye to help you in implementing the business plan

BUSINESS DESCRIPTION OF THE FLOORING BUSINESS PLAN IN NIGERIA
Business: FLOORING
Industry: CONSTRUCTION

PATILAD Flooring Installers Inc. is a start – up limited liability Corporation owned 50% by Raymond Akinbolaji and 50% by Dayo Adetiloye. It is a company that is about to offer the community and client a new type of countertop and alternative flooring opportunity that has not been seen before. It will resurface existing tops and floors with a recycled polymer surface that looks like granite, stone or marble, but will not crack or break, and it is guaranteed for two years against scratches or marks. The company can reproduce any colour that the client has in mind, and has many colours to choose from, which can all be blended together to create any colour(s) necessary.
The company will be opening up a warehouse location in Lagos, but will be serving five cities in Lagos, Ibadan and Ogun state.
The company intends to provide a quality product at a very reasonable and competitive price to clients and the community. It feels that having the opportunity to be the only distributor for this area, and a trained and certified installer, the company will be able to train others to perform these tasks and provide a network of qualified installers who are very knowledgeable in the products, and the many aspects of providing less expensive, guaranteed products to the client base.
It is the company’s goal to establish a showroom, warehouse and training centre within the area, that will serve the entire community, by providing a means of showing clients what can be done with their existing tops and give them an idea of what they might change to get a totally new look for their home or office. These products being “green” will give the business the opportunity to enhance the environment that they live in as well as well as their community, and it will be working with various organizations to help them understand the concepts of “going green”

Problem Statement:

In the bustling cities of Lagos, Ibadan, and Ogun state, homeowners and businesses face a common dilemma: outdated countertops and flooring that are both aesthetically unappealing and structurally unsound. Traditional options like granite, stone, or marble come with a hefty price tag and the risk of cracking or breaking, leaving customers in constant search of a durable and affordable alternative. Furthermore, there’s a growing consciousness about environmental sustainability, pushing individuals and organizations to seek “green” solutions for their living and working spaces.

Existing options in the market fall short in addressing these concerns. They either lack durability, are prohibitively expensive, or fail to meet the growing demand for environmentally friendly alternatives. Moreover, the lack of trained and certified installers further exacerbates the issue, leaving customers with limited options and subpar results.

Solution Statement:

PATILAD Flooring Installers Inc. emerges as a beacon of innovation and sustainability in the home improvement industry. Founded by Raymond Akinbolaji and Dayo Adetiloye, the company aims to revolutionize the market with its groundbreaking approach to countertop and flooring solutions. Their unique offering—a recycled polymer surface that mimics the look of granite, stone, or marble—addresses the key pain points of customers:

Durability: PATILAD’s product boasts unparalleled durability, guaranteed for two years against scratches or marks. Unlike traditional options, it won’t crack or break, ensuring long-lasting performance and peace of mind for customers.
Affordability: By leveraging recycled materials and innovative manufacturing techniques, PATILAD offers its quality products at a very reasonable and competitive price. This affordability democratizes access to premium countertop and flooring solutions, making it accessible to a wider audience.
Customization: With a vast array of colors to choose from, PATILAD empowers customers to unleash their creativity and personalize their living or working spaces. The company’s ability to reproduce any color envisioned by the client, coupled with blending options, ensures limitless design possibilities.
Environmental Sustainability: PATILAD’s commitment to sustainability extends beyond its products. By using recycled materials and promoting “green” solutions, the company not only enhances the environment but also aligns with the growing demand for eco-friendly practices in the community.
Certified Installation Network: Recognizing the importance of skilled professionals in delivering exceptional results, PATILAD invests in training and certifying installers. This ensures that customers receive top-notch service and expertise, further enhancing the company’s reputation and customer satisfaction.

The Benefits of our Products and Services are:

– The production and sales of top notch floor tops and coverings
– All year – round availability in high commercial volume
– Capacity to deliver across the nation
– Excellent customer care services
– Employment opportunities
– Fair and best possible prices

PRODUCTS AND SERVICES FOR FLOORING BUSINESS PLAN IN NIGERIA

PATILAD Flooring Installers Inc. will provide the clients with PATILAD countertop products. These are used to resurface existing countertops, such as Formica, granite, marble and other solid surfaces to replicate granite , marble, natural stone or completely customized tops. PATILAD flooring overlay can be installed over existing flooring, such as concrete, wood and linoleum. PATILAD products are designed to complement your current style and colour specifications. Once installed PATILAD products are easy to clean and maintain.
PATILAD products give you the look of flagstone, slate and more natural stone flooring products right over your existing concrete. If your concrete is ugly, discoloured or even cracked, our concrete overlay system is the perfect choice for enhancing your indoor or outdoor surfaces. This newly developed “green” product is designed to meet the most demanding residential and commercial decorative specifications for either interior or exterior locations.

KEYS TO SUCCESS FOR FLOORING BUSINESS PLAN IN NIGERIA
The keys to the success of the flooring business plan in Nigeria are the following;
– Availability of energy efficient equipment
– Training, certification and hiring new employees
– Availability of high quality products and services
– Fair and best possible prices

OBJECTIVES OF THE FLOORING BUSINESS PLAN IN NIGERIA
The objectives of the flooring business plan in Nigeria are as follows:
– To have our stores, warehouses and training centre in major cities in Nigeria
– To maintain profit margins at 23-28% through close attention to expenses
– To achieve net profit in year one, increasing in year two, by containing costs and meeting sales targets
– To achieve net profit of $200,000 in year four

GOALS OF THE FLOORING BUSINESS PLAN IN NIGERIA
The following are the goals for the flooring business plan in Nigeria;
– To establish a warehouse, showroom and training centre within Lagos, Ibadan and Ogun states.
– To establish our brand in the hearts of our clients

VISION FOR THE FLOORING BUSINESS PLAN IN NIGERIA
Our vision for the flooring business plan in Nigeria is; To become a too flooring company in Africa.

MISSION FOR THE FLOORING BUSINESS PLAN IN NIGERIA

The mission for the flooring business plan in Nigeria is as follows:
– To obtain grant funding through one or many government and/ or private grants in the sum of $25,000 by the end of year 2018
– To ensure that we produce products with the very best quality
– To always exceed the expectations of our clients

MANAGEMENT TEAM OF THE FLOORING BUSINESS PLAN IN NIGERIA

The management team of the flooring business plan in Nigeria is made up of the group of the following people;
Raymond Akinbolaji – He is a founding partner and co – owner of the company. Raymond has over forty years’ experience in the flooring sector of industry, and has served in some of the most leading construction companies in the country. He is a Civil Engineer from the University of Lagos.
Dayo Adetiloye – ( B.AGRIC, MBA, and PMP). He is the other founding partner and co – owner of the company. Dayo has over fifteen years’ experience in business management and 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).

We brought to this business;

Educational Skills and Practical Experience in the Industry:
- We possess a deep understanding of the intricacies of the flooring and countertop industry, stemming from both formal education and hands-on experience. Our team members have undergone comprehensive training and education, equipping them with the technical knowledge and expertise needed to excel in this competitive landscape.
- Through years of practical experience, we have honed our skills and refined our craft, ensuring that we are well-equipped to tackle any challenge that comes our way. Our collective experience serves as a cornerstone of our business, instilling confidence in our ability to deliver exceptional results to our clients.
Capacity to Consistently Provide Outstanding Service:
- At PATILAD, we pride ourselves on our unwavering commitment to providing outstanding service to our clients. Our dedication to excellence permeates every aspect of our business operations, from initial consultation to project completion.
- We understand the importance of exceeding customer expectations and strive to consistently deliver exceptional service that leaves a lasting impression. Our focus on building long-term relationships and fostering client satisfaction sets us apart in the industry, establishing us as a trusted partner for all flooring and countertop needs.
Quality Products and a Good Understanding of Market Trends:
- Central to our business philosophy is the belief in offering top-quality products that meet the evolving needs and preferences of our customers. Through meticulous research and a keen understanding of market trends, we stay ahead of the curve, anticipating shifts in consumer demand and adapting our product offerings accordingly.
- Our commitment to quality extends beyond the products themselves; it encompasses every aspect of the customer experience, from design consultation to installation. By staying attuned to market dynamics and consumer preferences, we ensure that our offerings remain relevant and sought-after in an ever-changing landscape.
Operational, Marketing, and Technical Skills:
- Our team comprises individuals with diverse skill sets, spanning operational, marketing, and technical domains. This multidisciplinary approach enables us to tackle challenges from various angles, leveraging our collective expertise to drive business growth and innovation.
- From streamlining operational processes to implementing targeted marketing strategies, we leverage our skills and knowledge to optimize every facet of our business operations. Additionally, our technical prowess ensures that we stay at the forefront of industry advancements, allowing us to deliver cutting-edge solutions to our clients.

MANAGEMENT EXPERIENCE GAINED FOR THE FLOORING BUSINESS PLAN IN NIGERIA

Having served in the industry for over forty years and through thorough exposure to the practical and scientific aspects of the business, I possess a sound understanding of the technical requirements, financial management, staff recruitment, and also organizational skills among other things which are necessary to give our business a good commendation from our clients and competitors. My managerial skill has also helped me in putting together a good workforce for over three years, and will also help me to coordinate the teamwork in most aspects of the company.
We are the managing partners of this company, and we will be responsible for overseeing the daily activities of the company

MATERIALS AND EQUIPMENTS REQUIRED FOR THE FLOORING BUSINESS PLAN IN NIGERIA

The following materials and equipment are required for the flooring business plan in Nigeria;
Stores, warehouses, training centres, administrative buildings,office facilities, and software, among others.

COMPETITOR ANALYSIS FOR THE FLOORING BUSINESS PLAN IN NIGERIA

We receive a lot of patronage for our products and services due to these reasons:
– All year – round availability of top quality flooring products and services
– Our skill and efficiency
– Excellent customer services
– Fair and best possible prices

Our three main competitive advantages are:
1. All year – round availability of too quality flooring products and services
2. Excellent customer services
3. Our skill and efficiency

To access the complete part of this flooring business plan in Nigeria, along with the detailed financial analysis, contact any of our business consultant on: 08105636015, 08076359735. Or you could send an email to dayohub@gmail.com
We help institutions, individuals, and business organizations write business plans and concepts, and organize trainings on how to write a good business plan.
We can help you write a detailed, strong and winning business plan in Nigeria for any purpose. contact any of our business consultant on 08105636015, or on 08076359735, or send an email to dayohub@gmail.com