RESEARCH AND DEVELOPMENT BUSINESS PLAN IN NIGERIA

RESEARCH AND DEVELOPMENT BUSINESS PLAN IN NIGERIA

Research and Development Business Plan in Nigeria

This sample Research and Development Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Research and Development 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 Research and Development Business Plan in Nigeria

Business: RESEARCH AND DEVELOPMENT

Industry: CONSULTING (Research and Development Business plan in Nigeria)

PATILAD LTD specializes on providing advice on a diverse range of issues relating to the physical and social sciences. We are engaged in conducting research and analyses and experimental development in the physical, engineering and life sciences, such as agriculture, electronics, environmental, biology, botany, biotechnology, computers, chemistry, food, fisheries, forests, geology, health, mathematics, medicine, oceanography, pharmacy, physics, veterinary and other allied subjects. PATILAD LTD is a registered and licensed research firm that will be based in Ogudu, Lagos.

We are a professional service firm offering leading edge business research, management, training, Research and Development to clients in the federal government, state agencies, local government and private sector. We also conduct research and analyses in cognitive development, sociology, psychology, language, behavior, economic and other social science and humanities research. Over the years, we have established a proven track record of successfully translating innovative thinking into compelling concepts which has put our clients’ way ahead of competition, serving them through a core team of professionals supported by a high-quality network of associates in industry, business, academia with an unmatched combined experience and skill base. Our clients will include large and small companies in the private sector; Federal, State and local government agencies; institutions, such as hospitals, universities, unions and non-profit organizations; and foreign governments or businesses.

PATILAD LTD employs a multidiscipline staff of scientists, engineers and other technicians with applied expertise in various areas. In Agriculture, we advise on different farming techniques or machinery that increases agricultural production. In Economics, we develop forecasting models and advise clients about the potential for a recession or an increase in interest rates that could affect business decisions. We look at a business as an integrated, cohesive whole and help make big decisions: on research performance. At Patilad Ltd, we strive hard to make a difference in all we do. We select people with integrity, intelligence, passion and the ambition to make a mark. Here, creativity, intellectual curiosity and fulfilment are as important as results.

The Census Bureau’s most recent data indicates that there are approximately 137,063 firms within this industry. According to Sageworks’ industry data, the industry’s net profit margin during the last 12 months was 10.10 percent. This shows that the business is thriving and we are ready to compete favorably in the market. We are aware that businesses these days require diverse and sophisticated research services. This is why we will position our research firm to offer a wide range of services as requested by our clients. Our client’s best interests come first, and everything we do is guided by our values and professional ethics. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely. We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our clients.

At PATILAD LTD, we have smart and intelligent members of staff that are very passionate about value-added services. Every service on offer is tailored to meet specific needs of businesses and governments. We differentiate our services from our competitors, blend our rich talents and bring high energy and enthusiasm to every experience we undertake. Our employees have decades of academic, professional and entrepreneurial experience and knowledge at their disposal.

PATILAD LTD will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible. Our team brings in-depth experience as organization performance effectiveness experts. Our methodology of providing strategic, fast and workable solutions has shaped us into a result driven organization.

Problem Statement:

In the ever-evolving landscape of science and technology, the need for comprehensive research and development services across a diverse spectrum of fields has become increasingly vital. However, amidst this demand, there exists a gap in the market for a well-established and licensed research firm that can seamlessly bridge the realms of physical and social sciences. This gap is particularly evident in Ogudu, Lagos, where the absence of a dedicated and professional entity catering to the research needs in areas like agriculture, electronics, environmental sciences, biology, botany, biotechnology, computers, chemistry, and beyond, has hindered the progress and innovation potential of both public and private sector entities.

Traditional research firms often lack the versatility required to delve into the multifaceted domains of both physical and social sciences. Furthermore, the absence of a local, registered research firm poses challenges for businesses, government agencies, and institutions in accessing cutting-edge research, development, and training services. The lack of a centralized hub for cognitive development, sociology, psychology, language, behavior, economic, and other social science and humanities research exacerbates the situation, hindering the overall progress and innovation potential of the region.

Solution Statement:

Enter PATILAD LTD – a registered and licensed research firm that is poised to revolutionize the research and development landscape in Ogudu, Lagos, and beyond. The fundamental solution lies in the establishment of a comprehensive and professional service firm that specializes in offering leading-edge business research, management, training, and development services. PATILAD LTD recognizes the need for a holistic approach, catering not only to the physical and engineering sciences but also delving deep into life sciences, social sciences, and humanities.

Versatile Research and Development Services:

PATILAD LTD aims to fill the existing gap by offering a wide array of research and development services covering agriculture, electronics, environmental sciences, biology, botany, biotechnology, computers, chemistry, and more. This comprehensive approach ensures that clients, ranging from private businesses to government agencies and educational institutions, have a one-stop solution for their research needs.

Proven Track Record and Innovative Thinking:

With a proven track record in translating innovative thinking into compelling concepts, PATILAD LTD is poised to elevate its clients above the competition. The core team of professionals, supported by a high-quality network of associates in industry, business, and academia, brings an unmatched combined experience and skill base. This ensures that the research outcomes are not only groundbreaking but also practical and applicable in real-world scenarios.

Serving a Diverse Clientele:

PATILAD LTD recognizes the diverse needs of its potential clientele. This includes large and small companies in the private sector, federal, state, and local government agencies, institutions such as hospitals and universities, unions, non-profit organizations, and even foreign governments or businesses. The goal is to provide tailored solutions that address the unique challenges and aspirations of each client fostering a collaborative and mutually beneficial relationship.

Centralized Hub for Social Sciences and Humanities Research:

Understanding the importance of social sciences and humanities research, PATILAD LTD extends its services to cognitive development, sociology, psychology, language, behavior, economic studies, and more. By acting as a centralized hub for these disciplines, the firm becomes a catalyst for holistic development, promoting a better understanding of human behavior, societal dynamics, and economic patterns.

Local Presence with Global Perspective:

While rooted in Ogudu, Lagos, PATILAD LTD brings a global perspective to its services. Recognizing the interconnectedness of the world, the firm leverages international collaborations and partnerships to ensure that its clients have access to the latest advancements and global best practices in their respective fields.

Our products and services

We also conduct research and analyses in cognitive development, sociology, psychology, language, behavior, economic and other social science and humanities research. We have experts who are experienced, well trained and keep our clients abreast of the latest technologies, government regulations and techniques.

Keys to Success

The keys to success for the business include:

A group of professionals with a broad range of specialty areas that complement each other.
A team approach on most environmental and consulting projects.
Strict financial records.
A high level of experience in these specialty areas.

Objective for Research and Development Business Plan in Nigeria

To offer high-quality services at reasonable prices.
To satisfy the needs of our target market and support our company goals within 12 months.
To achieve net profit of $60,000 in three years.
To maintain profit margins at 20-25% through close attention to expenses and cost of our services.

Goal for the Research and Development Business Plan in Nigeria

PATILAD LTD aims to offer comprehensive environmental services. We will focus on providing personal and specialized services to meet each client’s specific needs. We intend to be one of the best in the Nigeria in the next 5 years.

Vision for the Research and Development Business Plan in Nigeria

To be the firm of choice for discerning organizations, served by exceptional people engaged in exciting, challenging, and high-impact work, in a rewarding and inspiring environment.

Mission for the Research and Development Business Plan in Nigeria

PATILAD LTD’s mission is to facilitate client success by delivering creative and high impact business and management solutions based on our distinctive knowledge, skills and insight.

Management Team of the Research and Development Business Plan in Nigeria

BOLAJI Williams –He has over 10 years’ experience in the research industry having worked with several research firms and agencies. He holds a master’s degree in Programme and project management from the University of Uyo. He has a postgraduate Diploma in Strategy and Innovation from Lagos Business school. He also has ample experience in the area of Environmental consulting.

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 Research and Development
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 Research and Development Business Plan in Nigeria

With over 20 years’ experience in Research and Development industry and numerous exposure to both the scientific and practical aspect of the business, 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 Research and Development Business Plan in Nigeria

Office Space, copiers, fax, file, cabinets, craigslist, tax software, business cards, letterhead, Furniture, envelopes, telephones, etc.

Competitor Analysis for Research and Development Business Plan in Nigeria

People buy from us because of the following reasons:

Consistent quality service.
Effective customer care service.
Core Professional and highly qualified staffs.
Fair and best possible prices and discount offers.

Our three major competitive advantages are:

Consistent quality service.
Core professional and highly qualified staffs.
Fair and best possible prices and discount offers

For the remaining part of this business Plan, including the detailed financial analysis, call me on 08105636015 or 08076359735 or send me an email at dayohub@gmail.com.

We help institutions and organizations to write concepts and implement Business Plan and also train on business Plan writing in Nigeria.
We can help you write a detailed, strong and winning business Plan for any use.
Call me on: 08105636015, 08076359735
or Send me an email at: dayohub@gmail.com.
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