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| Table of content \n \n <\/th> | Page \n \n<\/th>\n<\/tr>\n<\/thead>\n |
|---|---|
| Introduction <\/td> | 3<\/td>\n<\/tr>\n |
| Business Description \n<\/td> | 4<\/td>\n<\/tr>\n |
| Products and services \n<\/td> | 6<\/td>\n<\/tr>\n |
| Market Analysis <\/td> | 7<\/td>\n<\/tr>\n |
| Competitor Analysis \n<\/td> | 8<\/td>\n<\/tr>\n |
| Sales and Marketing Plan \n<\/td> | 9 \n \n<\/td>\n<\/tr>\n |
| Operational Plan \n<\/td> | 12<\/td>\n<\/tr>\n |
| Management plan <\/td> | 13<\/td>\n<\/tr>\n |
| Financial Plan and Projections <\/td> | 14<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n Executive Summary <\/strong><\/span><\/p>\n Overview<\/strong><\/span><\/p>\n PATILAD Groundnut Oil is a start-up groundnut oil production and processing farm that is involved in sales and distribution of quality and affordable groundnut oil (varieties), groundnut cake, and other groundnut oil derivatives targeting consumers in the Northern Nigeria and also the international market. We are located in Barnawa Kaduna State.<\/span><\/p>\n The Company<\/strong><\/span><\/p>\n PATILAD Groundnut Oil is established as a limited liability company owned by Dayo Adetiloye, Adebayo Tijani, and other investors.\u00a0 The\u00a0farm\u00a0is managed and directed by Dayo Adetiloye, a veteran in the Agric. industry with\u00a08 years\u2019\u00a0experience\u00a0and Adebayo Tijani, an experienced\u00a0Agro-allied specialist with over 15 years\u2019 experience.<\/span><\/p>\n Products and Services<\/strong><\/span><\/p>\n PATILAD Groundnut Oil will sell groundnut oil products, including groundnut cake. We\u2019ll also be offering hiring services of equipment to other business. We produce, process and package to meet standard organization of Nigeria and international standard. We are concerned about providing products that suit the many <\/span>use of groundnut oil either for edible or industrial uses.<\/span><\/p>\n The Market<\/strong><\/span><\/p>\n According to United State Department of Agriculture, the groundnut oil production in Nigeria is 920,000 metric tonnes (MT) (2012), which is far below 1,315 MMT domestic demands in 2012, within the period a deficit of 470,000 were imported the same year to supplement the domestic production. This large deficit is definitely a huge market potential for small and medium scale local groundnut oil. What is more interesting about this fact is that the groundnut oil processed locally are cheaper and of higher quality provided the right condition are ensured.<\/span><\/p>\n Competition<\/strong><\/span><\/p>\n Competitors for PATILAD Groundnut Oil are Sharada Oil Mills, Starlex oil <\/span>and Agon Bello Global Services. PATILAD Groundnut Oil\u2019s competitive edge includes the use of modern milling equipment which turns out <\/span>high quality products, excellent customer service, the expertise of its founders, unique branding and penetrative marketing etc.\u00a0<\/span><\/p>\n Financial Considerations<\/strong><\/span><\/p>\n PATILAD Groundnut Oil seeks N10 million in long-term financing to cover start-up costs, equipment, building expenses, and working capital. Funding for the launch of the business is provided primarily by equity from the partners and investors.\u00a0<\/span><\/p>\n 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 N174,880,000 \u00a0with <\/span>gross margin of 31% in the 1st<\/sup> year of operation.<\/span><\/p>\n INTRODUCTION<\/strong><\/span><\/p>\n Groundnut is one of the most important oilseed crops in the world. It contains 48-50% oil, 26-28% protein and 11-27% carbon hydrates, mineral and vitamins. Groundnut is either cultivated sole or mixed with other crops (mixed cropping) like maize, sorghum, cotton, Ben-seed (sesame) sunflower etc. 55%of the groundnuts producer in Nigeria practiced mixed cropping. Groundnut is grown on 26.4 million hectares worldwide, with the total production of 37.1 million metric tons and average production of 1.4 metric tons per hectare (FAO, 2011). Groundnut is the 13th most important food crop and 4th in oilseed crop of the world. Groundnut seeds (kernels) contain 40-50% of fats, 20-50% and 10-20% carbohydrates (FAO 2009). Groundnut seeds or nuts are <\/span>nutritional source of vitamin E, Niacin, <\/span>Falacin, calcium, phosphorous, magnesium, zinc, iron, riboflavin, this amino and potassium (FAO, 2009). Groundnuts (peanut) are consumed directly raw, roasted or boiled. The extracted oils are<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" PATILAD Groundnut Oil is a start-up firm involved in the processing, production, and distribution of quality and affordable groundnut oil, groundnut cake and other groundnut oil derivatives targeting consumers in the south-south, southeast Nigeria and also the international market. We are located in Kaduna state.<\/span><\/p>\n PATILAD Groundnut Oil is a new enterprise and is about to start registration process with Corporate Affairs Commission of Nigeria.<\/span><\/p>\n Form of business:<\/strong> \u00a0\u00a0\u00a0\u00a0 Limited Liability Company<\/span><\/p>\n Owners of business:<\/strong>\u00a0\u00a0 Dayo Adetiloye, Adebayo Tijani, and other investors.<\/span><\/p>\n State of business:<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The business is a new business<\/span><\/p>\n Opening days:<\/strong>\u00a09 am – 5 pm, Monday to Friday.<\/span><\/p>\n Business Development <\/strong><\/span><\/p>\n Consultant:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Leye\u00a0 Adebisi (MBA)<\/span><\/p>\n Hundred and Five Academy<\/span><\/p>\n Legal Adviser:<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Barrister Adejoke Chambers.<\/span><\/p>\n Board of Directors:<\/strong>\u00a0\u00a0\u00a0\u00a0 Dayo Adetiloye, Adebayo Tijani, Olufemi Ayodeji\u00a0<\/strong><\/span><\/p>\n To be among the first 3 largest Groundnut oil producer\/distributor in south-south Nigeria by 2024.<\/span><\/p>\n |