EXECUTIVE SUMMARY
Introduction
This sample of Palmoil Business Plan in Nigeria will guide you in writing a standard business plan. Palm Oil business is a highly lucrative business in Nigeria because of the daily consumption and diverse usage of palm oil in Nigeria. As food is a necessity and palm oil is important in every food, this as cause a high demand for palm oil and these demand is also due to diverse usage of palm oil and different by products derived from it fruit and nut which are of various industrial usage.
There are various way you can venture into palm oil business.
- By going into palm fruit plantation on many hectares of land
- By buying the bunches of palm fruit from farmers base on the tree stand and prepare it and sell the finished palm oil to wholesalers.
- By buying the palm oil in bulk/in wholesales: this is when you stand as the wholesaler and sell it to the market women or retailers in 25 litres kegs
- By buying it as retailers and sell it to the final consumers in 5 litres kegs or 2 litres and other small litres containers
You have the chance of making good profit in whichever way you are investing into palm oil business. Some wholesalers even go extra miles in making better profit by storing these good at the dry season when the palm oil is cheaper and re- sell it at the raining season when it is more costly and make between 50 – 60% profits of the initial investment.
Elot PALM OIL BUSINESS is involve in palm fruit plantation, processing and packaging of palm oil into 1 – 50 litres kegs for sale in local and international market.
DETAILED DESCRIPTION
Elot Rock palm oil specializes in the processing of fresh palm fruit into palm oil. We package them in different sizes base on customer demand, ranging from 1 litre to 50 litres. We also help to distribute to different outlets, like market sellers and local palm oil companies. We are involved in home delivery.
We plant palm trees on rich soil for high quality crop growth which we can later sell some based on numbers of tree stand and process the other for palm oil production
Bulk purchase and resale of palm oil products from other farmer (especially farmers in rural area), we buy the palm oil product when the prices are low usually during harvest season between march and may, stock the palm oil, then resell them during the off-harvest season
We are into training of aspirants who really want to know the processing of palm oil, the trainees are given procedures to follow and welcome schools from the vicinity and also higher institutions, especially department involved in nutrition and food preservation to know the steps by which palm oil is made and to make it known to them to them that the processing requires all caution and neatness.
PRODUCTS AND SERVICES
Elot Rock palm oil specializes in the processing of fresh palm fruit into palm oil. We package them in different sizes base on customer demand, ranging from 1 litre to 50 litres. We also help to distribute to different outlets, like market sellers and local palm oil companies. We are involved in home delivery.
We plant palm trees on rich soil for high quality crop growth which we can later sell some based on numbers of tree stand and process the other for palm oil production
Bulk purchase and resale of palm oil products from other farmer (especially farmers in rural area), we buy the palm oil product when the prices are low usually during harvest season between march and may, stock the palm oil, then resell them during the off-harvest season
We are into training of aspirants who really want to know the processing of palm oil, the trainees are given procedures to follow and welcome schools from the vicinity and also higher institutions, especially department involved in nutrition and food preservation to know the steps by which palm oil is made and to make it known to them to them that the processing requires all caution and neatness.
WOW US
Training and organizing seminars and workshop for people that are interested
The fact that we use local method of production and we still packaged it into litres and put sticker at the side of the kegs of different litres that we are using
We also ensure Zero cholesterol which is the most important health benefit and we use social platform to emphasize this value offering
PROBLEMS SOLVED
As food is a necessity and palm oil is important in every food. We are part of the supply of palm oil to Nigeria population
Our zero cholesterol Palm oil lowers blood sugar and heals diabetes
We solve the problem of unemployment by organizing seminar, workshop, training and employment.
REVENUE MODEL
Sales of the packed finished products
Through palm tree plantation
Buying in bulk when the price is less and resell when the price is high
Through training, seminars and consultancy services
MARKETING STRATEGY
Direct marketing through word of mouth
I intend to do that through opening different office outlets
Online sales
Direct marketing
Through advertisement on public awareness systems like radio, television.
Through magazine
By creating awareness to the local market sellers
Addressable market
The market for palm oil business Is big in Nigeria because of the increasing diverse use of palm oil production in Nigeria. We intend to reach every household in Nigeria with our palm oil products. About 1.34 millions of Nigeria consumes palm oil products. We also intend to sell palm kernel stems to about 100,000 farmers and more.
DIFFERENTIATING FACTORS
The company ensures that the goods are thoroughly checked and examined so as not to have casualties as the goods are being used.
We run training outfit, seminars and workshop and consultancy service
We offer free delivery for bulk purchase
We produce zero cholesterol palm oil
We have a well designed sticker on our package.
CURRENT MILESTONE
We actually have a small outlet where we keep account of our sales, keep and distribute our packaged products
We own few local machineries (drums, heater, rectangle pit for peeling the fruit from the nut etc.) in our farm settlement that help in producing the palm oil and they are outdated
My team organizes seminar monthly for the benefit of palm oil in the society.
Our products have been customized in a way that attracts buyers.
NEXT MILESTONE
Buy more acres of land and lease some for palm oil plantation
Rent a better and bigger outlet
Use standard palm oil processing plant(palm fruit strippers, cooking kettle, nut fiber separator etc.) for palm oil production
Register our business with the CAC
Further Inquiries
For the remaining part of Palmoil Business Plan in Nigeria, you can request for the service of our business dev. unit to help you develop a complete standard business plan for your business. We can also help you write a winning business plan to receive grant
Call on 07062284261
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