{"id":777,"date":"2017-10-19T12:54:55","date_gmt":"2017-10-19T12:54:55","guid":{"rendered":"http:\/\/dayoadetiloye.com\/shop\/?post_type=product&#038;p=777"},"modified":"2023-07-31T13:34:48","modified_gmt":"2023-07-31T13:34:48","slug":"snail-production-and-processing-business-plan","status":"publish","type":"product","link":"https:\/\/dayoadetiloye.com\/shop\/product\/snail-production-and-processing-business-plan\/","title":{"rendered":"Snail Production and Processing Business Plan"},"content":{"rendered":"<p><strong>Table of content\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0 Page<\/strong><strong>\u00a0<\/strong><\/p>\n<p>Executive Summary \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4<\/p>\n<p>Business Description \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 7<\/p>\n<p>Products and services\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 11<\/p>\n<p>Market Analysis\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a011<\/p>\n<p>Competitor Analysis \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 13<\/p>\n<p>Sales and Marketing Plan\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 14<\/p>\n<p>Operational Plan\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 20<\/p>\n<p>Management plan\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 25<\/p>\n<p>Financial Plan and Projections\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 26<\/p>\n<p>&nbsp;<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Executive Summary <\/strong><\/p>\n<p><strong>Overview<\/strong><\/p>\n<p>PATILAD Snail Farm is a start-up snail farm that is involved in production and processing of quality and affordable fresh table-sized snail meat and other semi-processed snail derivatives targeting consumers in southwest Nigeria and is located in Osogbo Osun state.<\/p>\n<p><strong>The Company<\/strong><\/p>\n<p>PATILAD Snail Farm is established as a limited liability company owned by Dayo Adetiloye, Kemi Awe, and other investors.\u00a0 The\u00a0farm\u00a0is managed and directed by Dayo Adetiloye, a veteran in the Agric. industry with over\u00a08 years\u2019 experience\u00a0and Kemi Awe, an experienced\u00a0Agro-allied specialist with over 15years\u2019 experience.<\/p>\n<p><strong>Products and Services<\/strong><\/p>\n<p>PATILAD Snail Farm will sell Snail products, including fresh table-sized Snail and other semi-processed Snail derivatives.<\/p>\n<p>We also offer Kill&#8211;\u2010Cut&#8211;\u2010Wrap&#8211;\u2010Freeze (KCWF) services (e.g., traditional cuts in paper or cryovac packaging).\u00a0Our products are hygienic, rich in protein and of high quality. We produce, process and package to meet standard organization of Nigeria and international standard.<\/p>\n<p><strong>The Market<\/strong><\/p>\n<p>In the high-altitude forest areas of West Africa, particularly in Ghana, Nigeria and C\u00f4te d&#8217;Ivoire, snail meat forms a substantial part of the meat in the diet of the local people. Snails are gathered in the wild, packed into bags, wooden crates or baskets and transported to selling points along main roads or to urban centres.<\/p>\n<p>The most common species sold at the roadside in West Africa are snails, duikers, brush-tailed porcupines, hares and grasscutters. Snails and grasscutters fetch the highest market prices per kilogram. In urban areas, the gatherers may sell the snails directly to consumers or to wholesale traders or retailers. Snails can be smoked and stored for sale during the off season when prices are highest.<\/p>\n<p><strong>Competition<\/strong><\/p>\n<p>Competitors for PATILAD Snail Farm includes High Tide Farms, Blessed Hope Snail Farm, Snailcare Farm, Obasanjo Farm Nigeria. PATILAD Snail Farm will establish its competitive edge through the expertise of its founders.<\/p>\n<p><strong>Financial Considerations<\/strong><\/p>\n<p>PATILAD Snail Farm seeks N5 million in long-term financing to cover start-up costs, equipment, building expenses, and working capital.<\/p>\n<p>Funding for the launch of the business is provided primarily by equity from the partners and investors.<\/p>\n<p>The business will reach positive cash flow in its 10th month of operation, allowing for expedited repayment of its loan obligations, as well as for dividends to be paid to the owners.\u00a0 Revenue will top N70,278,550 and profit will reach about N31,276,413 in the 1st year of operation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Snail meat has been consumed by humans worldwide since prehistoric times. It is high in protein (12-16%) and iron (45-50 mg\/kg), low in fat, and contains almost all the amino acids needed by humans.<\/p>\n<p>A recent study has also shown that the glandular substances in edible snail meat cause agglutination of certain bacteria, which could be of value in fighting a variety of ailments, including whooping cough.<\/p>\n<p>In Ghana for instance, the bluish liquid obtained from the shell when the meat has been removed is believed to be good for infant development. The high iron<\/p>\n<p>content of the meat is considered important in treating anaemia.<\/p>\n<p>In the past, it was recommended for combating ulcers and asthma. At the Imperial Court in Rome, snail meat was thought to contain aphrodisiac properties and was often served to visiting dignitaries in the late evening.<\/p>\n<p>In West Africa, snail meat has traditionally been a major ingredient in the diet of people living in the high forest belt (the forested area other than the savannah forest).<\/p>\n<p>In C\u00f4te d&#8217;Ivoire, for example, an estimated 7.9 million kg are eaten annually. In Nigeria it is clear that demand currently outstrips supply.<\/p>\n","protected":false},"featured_media":1516,"comment_status":"open","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"product_brand":[],"product_cat":[21],"product_tag":[],"class_list":{"0":"post-777","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-business-plans","8":"first","9":"instock","10":"sale","11":"downloadable","12":"shipping-taxable","13":"purchasable","14":"product-type-simple"},"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dayoadetiloye.com\/shop\/wp-json\/wp\/v2\/product\/777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dayoadetiloye.com\/shop\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/dayoadetiloye.com\/shop\/wp-json\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/dayoadetiloye.com\/shop\/wp-json\/wp\/v2\/comments?post=777"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dayoadetiloye.com\/shop\/wp-json\/wp\/v2\/media\/1516"}],"wp:attachment":[{"href":"https:\/\/dayoadetiloye.com\/shop\/wp-json\/wp\/v2\/media?parent=777"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/dayoadetiloye.com\/shop\/wp-json\/wp\/v2\/product_brand?post=777"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/dayoadetiloye.com\/shop\/wp-json\/wp\/v2\/product_cat?post=777"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/dayoadetiloye.com\/shop\/wp-json\/wp\/v2\/product_tag?post=777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}