Toy Manufacturing and Distribution business plan in Nigeria
This sample Toy Manufacturing and distribution business plan in Nigeria can be used for grant application, bank loans, Proposal writing, business concept note, competitions etc. Toy business is a lucrative business that needs a lot of strategies planning to start and a business coach like Dayo Adetiloye to help start the implementation.
Business Description of Toy Manufacturing and distribution business plan in Nigeria
Industry: commercial/retailing (Toy Manufacturing and distribution business plan in Nigeria)
PATLAD TOYS is the brand name for our Toy Manufacturing and distribution Company located in Lagos. The business involves manufacturing and bringing to the market high quality products for children that are creative and enjoyable for the child and also distribute the product with Lagos and later other states in Nigeria. We specialise in toys for new-born babies up to one year, for toddlers age 1-3, pre-schooler age 3-5 and older children. The types of toys we have are construction toys, creative toys, electronic toys, educational toys, dolls etc. that will be useful for academic purposes that can be used in schools and homes to aid the learning of the children.
There are lots of children in the society and environment which make the demand for toys to be much, and also considering the fact that children love toys and consider it a means of entertainment for themselves. Parents would also want to get their children toys so as to make them happy and comfortable. In very advanced countries children toy business is a very lucrative business because it sells fast. But in developing countries like Nigeria the lucrative business is still yet to be explored by many investors although we have few investors in the cities who are into the toys business. Our aim of establishing PATILAD Toy Company is not only to generate revenue and maximize profit but also to provide quality, beautiful, attractive and durable products that will meet the demands of our customers in Nigeria. Toys are very good for children especially toys with contrasting colors they are fascinating to babies and stimulate their developing vision.
Our products and services for Toy Manufacturing and distribution business plan in Nigeria
Children are the main users of toys. That is why PATILAD toys guarantees high quality product that will be enjoyed and be fun to play with by the children.
Examples of toys we have for children are
- Construction toys
- Electronic toys
- Sound toys
- Educational toys e.g Number toy, Letter toy, Phonic Toy
- Animal toys
- Action figures etc.
We are committed to manufacturing product that will be enjoyable to children and that will stimulate their learning.
The benefits of our products and services are
- Improve the learning of children through our educational toys
- The educational toys help children to develop their mental skills.
- Unique and durable product.
- Fair and lowest possible prices.
Keys to Success
The keys to success for the Toy Manufacturing and distribution business include:
- Creative designs and innovative designs
- Quality and excellent products
- Reliability and quality assured standard.
- Customer friendly through our product
- Accessible store where you always find what you want
Objective for Toy Manufacturing and distribution Business Plan in Nigeria
-To meet up with the demands of our customers.
-To initiate a relationship with bulk purchasers or dealers to reach far places in Nigeria
-To provide quality sales service and products at fair and best possible prices.
Goal for the Toy Manufacturing and distribution Business Plan in Nigeria
To provide high quality product and variety of toys that will be useful and save for everyday learning of the child.
Vision for the Toy Manufacturing and Distribution Business Plan in Nigeria
Our vision is for PATLAD toys to be a household name in toy business in Nigeria reaching every part of the nation and beyond.
Mission for the Toy Manufacturing and Distribution Business Plan in Nigeria
Our mission is to make available unique and different products for the children that will be good for them mentally, academically and also entertaining to them. From simple psychological reasoning a toy is a joy added to the heart of children the more you get them toys the more they are happy and grow healthy .our company will be glad to put to smile on the children faces.
Management Team of the Toy Manufacturing and Distribution Business Plan in Nigeria
CLARO Johnson- She is the founder and owner of PATILAD TOYS an entrepreneur. She has a B.Sc. I management and accounting and also an MSc in business administration from Obafemi Awolowo university ile-ife.
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 grow+th 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 manufacturing and distribution business.
- 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 Toy Manufacturing and distribution Business Plan in Nigeria
With over 10 years’ experience in production Industry and numerous exposure to both the scientific and practical aspect of services, 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 for toy Manufacturing and distribution Business Plan in Nigeria
Materials needed are wood, textiles celluloid, and metal but the main component is in toys manufacturing is plastic, such as polyolefins (polyethylene, polypropylene, EVA, etc.), styrene derived polymers (PS, ABS, SB, etc.) and plasticized PVC being the most used plastics in the toy sector.
We need shelves and racks for setup in the store and also we need to paint in kids friendly colors decoration of wall must also be attractive.
Competitor Analysis for Toy Manufacturing and distribution Business Plan in Nigeria
People buy from us because of the following reasons:
- Guarantees high quality product
- Quality assured standard.
- Good customer services
- Fair and best possible prices and discount offers.
Our three major competitive advantages are:
- The provision of high quality toys and other related products.
- Unique and creative designs.
- Fair and best possible prices and discount offers.
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Serial Entrepreneur - International Business Planning Consultant - Speaker - Trainer - Author - Blogger - Network Marketing professional.
- 2018 SME Business Trainer and Coaching Advisor at GIZ for SME Loop.
- 2018 YALI RLC Online Cohort 9
- 2017 Fellow, Inspire Africa Train-the-Trainer Entrepreneurship programme sponsored by US Consulate Lagos and the Dickey Center, U.S.A.
- 2016 Fellow, Tony Elumelu Foundation Entrepreneurship Programme
- 2015 Top 50 Innovative Entrepreneurs, BET5 by Diamond Bank and EDC, PAU.
He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan-Atlantic University (PAU). Through his training, mentoring, speaking and coaching programmes, he has empowered many young people over the years to start and grow their own business, build wealth, create multiple streams of income and achieve financial independence.
- He is a Certified Trainer in Design Thinking by the U.S Consulate, Lagos and the inspire Africa Entrepreneurship Institute.
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