Sample YouWiN! 3 Business Plan
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YouWin!
Youth Enterprise with Innovation in Nigeria
Business Application
Description
Describe your business
ANSWER: My business is poultry business. It is an existing business.
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Select your industry-sector
ANSWER: Animal Farming
Select an Option
- Animal farming
- Crop farming
- Food & Restaurant
- Building and Construction materials
- Chemicals, industrial materials
- Clothing, shoes and other personal items
- Equipment, Machinery, Metal
- Food and Drinks
- Furniture, Wood Products
- Others
- Other (Specify)
- Retail
- Accounting, Finance and Management
- Auto, electronics, others
- Cleaning
- Education
- Engineering, Building and Construction
- IT and Telecommunication
- Legal
- Media and Entertainment
- Medical
- Other Professional
- Personal/Beauty
- Transport
Other sector
Marketing
What benefits of the product or service enables your business to stand out from your competitors?
ANSWER:I raise and produce poultry birds and its derivatives
Our supplying strategy is one in town. We supply meat and egg to different quick service restaurant in south west. We brought a new way of packaging eggs for distribution. We have special way of producing big egg.
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Does this meet a particular need or demand (your competitive advantages, if any)?
ANSWER:Most meal in Nigeria is not complete without poultry input like meat or egg. Nigeria has over 170 million growing population which means a huge demand for egg and meat.
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Name five of your existing or expected top customers, How will you attract these customers to your point of sale?
ANSWER:1. Families 2. Individuals 3. Eateries 4. Food manufacturing companies 5.Resturant.
Attraction to point of sales through word of mouth, Radio, Tv Advert, Community leaders, religious groups, , internet presence, newspaper, distribution of handbills and pasting of posters/banners.
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Management
How many new, full-time (or equivalent) staff will be employed in the business 12 months from receiving the first stage award?
ANSWER: 12
Describe the benefit you and your proposed staff will bring to the business, including: expertise, track record in the Industry and management experience
ANSWER:I have 10 years experience in poultry farming. I have worked in 5 major poultry farms in south west. Tolu our scientist is a graduate of Animal Science.
Dayo has Masters of Business administration and will be a strategy planner and our business development specialist.
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Product
Name your three largest existing/expected competitors. Which, if any, have a localised presence or distributor network?
ANSWER:
- Ajanla farms- has been existing for over 10 years
- Chi farms- has been there for 15 years
- Oris farms- has been there for 5 years
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Describe the materials you will need to create your product or service. Are these materials readily available, at the right price and quantity, in your locality? If yes, please describe any relevant information
ANSWER: Our Animal feed will be sourced from Animal care.
Our Day old chick will be sourced from zartech
Battery cage- for intensive system
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Is there an existing or expected lead time for manufacture, set-up, harvest or breeding? If yes, give estimated lead times for each product?
ANSWER:Keeping of chicken from (Day old to) fourteen weeks when the growers will be transfer to cages. The caged birds at the age of 19 – 22 weeks start to lay eggs. The laying birds by the age of 60 to 75 weeks of laying, are sold out
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What risks or challenges might affect the success of your business, including: licences and accreditations (what can stop you from making this business a success)? How will you reduce or mitigate these risks?
ANSWER:The risks are disease, insufficient finances, active feeds, and security/theft.
Chicken will be monitored by veterinarians, maximum security, feeds materials will be sourced well, raise enough finances to start and sustain it.
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