Bags Of Different Foodstuff Sale Business Plans And Feasibility Study For Loan/Grant

Bags Of Different Foodstuff Sale Business Plans And Feasibility Study For Loan/Grant
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Bags Of Different Foodstuff Sale Business Plans And Feasibility Study For Loan/Grant

We write on different Bags Of Different Foodstuff Sale Business Plans And Feasibility Study For Loan/Grant. Are you going in for a competition, Grant, Pitch or even Loan? Chris Farms and Extension Services gives you an irresistible Business Plans And Feasibility Study For Grant, Pitch or even Loan. Buying and selling of different type of foodstuff is another way to make huge money from Agribusiness. In fact it is a more sure way to make money from farming especially if you are not thinking of storage business. As a matter of fact, Most farm produce are indigenous to certain regions. Likewise, most staple foods are grown in the North while most cash crops are from South. This has correlated Nigeria in a symbiotic relationship with all regions in regards to food supply.
Bags Of Different Foodstuff Sale Business Plans And Feasibility Study For Loan/Grant



Regions with their Bags Of Different Foodstuff

As a matter of facts, the Northern region is known to grow crops like;

  • Onions
  • Groundnut
  • Beans
  • Sorghum
  • Millet
  • Sugarcane
  • Hibiscus (zobo)
  • Rice
  • Guinea corn
  • Tiger nut
  • Hides and skin (kanda), etc. are grown in large commercial quantities in the North.

Majority of traders in the South, goes to the North to buy these products to sell in the South. Furthermore, Products from the South are carried to the North for sale. Some of these foodstuff are;

  • Palm oil,
  • Vegetables,
  • Ogbono,
  • Crayfish,
  • Bitter kola,
  • Water yam,
  • Cassava etc. 


Reasons for Buying and Selling of farm Produce 

Buying and selling of foodstuff is more profitable than storage. In the sense that you can do over turn as many times over. Whereas storage will only give money once.

Assuming you bought a bag of foodstuff and made #2,000 from it. Let say you bought 600 bags in a week how much is that, #1,200,000. And you may happened to do so four times in a month it will give you 4.8 million. By the time you calculate how much you realised; compared to those who store maybe 600 bags and make #5,000-#10,000 each; you will be better than them in profit.

BUYING AND SELLING OF FOODSTUFF IN NIGERIA

Food distribution business is lucrative but has been hijacked by mafias. There are unions (associatiion) in all  foodstuffs and if you are not a member you can’t trade on them. But you can always look for a way out if don’t have money to join. I was told that to register with Hides and skin association in Akwa Ibom I will need about #200,000. Because of that I use my house for the business, it was a large compound. I contacted buyers first reduce the amount so they can patronize me before I ordered for it. Immediately they arrived I notify them and everything was cleared.

Take not of this, you may have to sell them on credit but fixed a date you will come back for the money. The serious ones will comply while others will give you headache. What you will do is that next time you don’t sell to the stubborn ones. To start buying and selling of foodstuffs there are certain things to put into considerations


CAPITAL

You need good money to start this business. Although you can start small with the amount available to you. But to really succeed in buying and selling business you need a reasonable amount of money from #500,000 up to a million and above. If not your profit will end in transportation. Assuming you have money to buy a trailer load of maize, it will be more economical than buying few bags and paying commercially drivers who will charge you heavily.

COMMODITY CHOICE

You have to make decision on the type of commodity to deal on. It has to be foodstuffs that are hot cake;; highly demanded or sourced after food in your locality. In this case you don’t have to assume. Knowing fully well that foodstuffs are highly perishable crops. So buy the ones that won’t take too long in the store before exhausting them. But some commodities like grains can last a little longer in the store without spoilage.

TRANSPORTATION

If you have your own truck or van the better for it. But in the absence of that; there are long trucks plying from the North to high commercial cities in the country. Some of those states include Lagos, Rivers, Ibadan, Cross River, Anambra, Kano,; Adamawa, Taraba, Abuja etc. Trucks doesn’t cover all the States so you have to find out if those trucks ply your route. This will help you to mak√® concrete arrangement for your foodstuff buying and selling business. If you have steady means of conveying your commodity to the point of sale then success is already achieved.


WARE HOUSE/STORE

Make sure you have built or rented a shop/ware house down. This is where you will offload your commodities. It should be a place that is easy to locate and motorable. In Akwa Ibom State a rice seller rented one of the new buildings close to us. Tis is because it was close to the city centres his rice business became hit. He started offloading more than one truck in a week. Don’t let yours be too far from commercial centre. Commodities like tomatoes, pepper, okra, orange can be taken directly to the market place. The same Akwa Ibom State an orange trader positioned his own opposite the market and has been expanding his buying and selling business ever since.


WHERE TO SALE

Before you start make sure you meet the market traders that are into the commodity you want to start buying and selling. And also dealers of such commodity in large quantities. Ask them questions on the variety that is eaten most in that location. How much do the buy it in bags or basket etc.

COMMODITIES FOR BUYING AND SELLING

ONIONS

Aliero in Kebbi State is the biggest onion market in West Africa. Buyers come from nearby African countries to buy. You can buy a bag of onions #5,000 during its season and sell to market women #10,000. It also sales up to #20,000 during off season so you have to sell according as you buy. Transportation will not be more than #2,000 if it is truck. Apart from Aliero there are other places such as Sokoto State. Onion is grown in large commercial quantities in the North so chose the State that favours you.

DRY PEPPER

Bags of dry pepper differs in prices and sizes from different States; it could be Jamila bag, bagco bag, jumbo bag. Also the variety of pepper differs per location. We have the chilli pepper, bird chilli pepper. But the short tiny dry pepper which is the bird chill pepper is extremely hot, neater and more expensive than the others. Itt is equally exportable. A bag can cost #28,000-#45,000 depending on the time. The States to buy dry pepper from are; Jigawa, Kaduna, Plateau, Sokoto, Kano, Katsina, Bauchi..

BUYING AND SELLING OF BEANS

Beans is cultivated in a large commercial quantities in; Sokoto, Zamfara, Borni, Yobe, Kano, Gombe. You can buy it at a lower price of ##20,000 and as high as #35,000. There are many varieties; white, brown, black etc. White is more consumed followed brown beans both are priced differently.

BUYING AND SELLING OF GROUNDNUT

Groundnut can cost between #26,000-#45,000 depending on whether it is the entry season or exit period. Jigawa, Sokoto, Kano2, Zamfara, Katsina, Kebbi, Kaduna, Yobe, Taraba, Adamawa, Borno, Plateau, Nassarawa, Gombe, Bauchi, States produce groundnut in large quantities. There are about 3 varieties of groundnut some contain more oil than others and are priced higher. Buy the one that is most liked in your location. For instance Akwa Ibom people prefer the small seeds while Edo prefers the big seeds.

PEELED AND UNPEELED MELON BUYING AND SELLING

Peeled egusi is a hot selling product in the south. Go to Nassarawa, Niger and Benue States to buy them in large quantities. Because they are the top producers of melon in Nigeria. You have to sell them fast because the longer it stays the faster it changes in colour. The whitish colour might turn dirty white or brownish. Find out the type of peeled melon that is preferred in your location. For instance in Akwa Ibom State; hand peeled melon is more preferable than machine peeled. It is priced less there. While hand peel sells higher and in larger quantity than machine peeled melon. You can buy it between #30,000-#60,000.

MAIZE COMMODITY TRADING

Maize can be produced in a larger quantity in the North. In States like; Niger, Taraba, Adamawa, Plateau and Kaduna. We have the yellow and white corn, you can buy the two but the white should be purchased more because it is more preferable. A bag can go for as low as #9,000 and as high as #18,000.

CATTLE, HIDES, KANDA/KPOMO

Kanda or cattle skin is used in making kpomo that is so loved by many African homes especially in Nigeria. They are sold in different sizes and prices; such as 3, 5, 6, 7, 8 ,9, 10 etc. Size 10 up produces thick kpomo while lesser sizes are light in weight. Sold between #3,000-#15,000; the size is related to the price for instance size 3 is #3,000, 10 is #10,000 and so on. Buy a mix up of the sizes and supply to market women in your area.

Also you can buy cattle very cheap from the North and sell in the South, although few individuals have started the business of rearing cattle. Yet the number is not enough to meet up with the increasing demand due to population increase. There is money in the buying and selling of cattle. It is a very lucrative business. The States to buy from are; Adamawa, Taraba, Kebbi, Jigwa, Zamfara, Kano, Kataina, Sokoto, and Adamawa.

PALM OIL BUYING AND SELLING BUSINESS

Palm oil is produce in larger commercial quantities in Akwa Ibom, Cross River, Ebonyi, Imo, Ananbra, Delta, Edo, Ondo, Rivers, Bayelsa, Abia, Oyo, Ekiti, Enugu States. But Cross River, Edo, Delta and Ondo are the highest exporters. During on season palm oil can be sold for #6,000 and up to #11,000 during off period. Apart from palm oi you can buy palm kernel nuts, sledge, cake etc.

CASSAVA BUSINESS

In like manner, Cassava can be bought from the South either whole for processing or buying and selling the already processed ones. It could be garri, cassava flakes, flour and fufu. The red garri consumed in Abuja is brought in from Edo State. Other states to buy from are; Akwa Ibom, Cross River, Delta, Ogun, Ondo, Anambra, Imo, Enugu, Kogi, Taraba, Benue. A bag of garri can cost from #10,000 and above.

CRAYFISH BUYING AND SELLING

Likewise Buying and selling of crayfish to the North and other sea foods will make you rich. Crayfish can be gotten from Oron, in Akwa Ibom, Cross River, Bayelsa, Delta, Rivers, Ondo. A bag can go as far as #30,,000-#60,000 depending on the time of purchase. You can buy periwinkle, fresh fish, crab, as well. Oron crayfish market seems to be the biggest in Nigeria because you can buy as many quantity you desire.


OGBONO DISTRIBUTION

As a matter of facts, Ogbono can be gotten from Cross River, Edo, Ebonyi and neighbouring countries such as Cameroon, Togo, etc. In Nigeria during on season a bag can be priced for #50,000 and as far as #150,000 even above during scarcity. There are two major varieties in Nigeria, make sure you buy the one that has a higher drawing power.


TIMBER/WOOD

This is an exportable product as such very costly. You can buy wood from Edo, Ondo, Cross River, Delta, Ekiti, Oyo, Osun, Ogun and sell in the North and other parts of the country. It is used for charcoal production.


Finally, there are many produce for buying and selling, in fact it is a long list; I can go on and on but just look around you to see which area you can fit in. Better still, what problem you can solve. We can help you out when it comes to business plans and feasibility Study For Grant, Pitch or even Loan.

Do you know you can actually save yourself off this stress? 

Engage CHRIS FARM NIGERIA to give you a professional business plans and a feasibility that will suit you demand today.


Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.

For your Agribusiness, either production, processing, marketing of any Agro-industry, our feasibility studies or business plan are explicit.

Generally, our feasibility study and business plans are developed so well that it becomes irresistible when you show them to your investors or sponsors. It gives you a clear picture of what you are expected to see when you put the feasibility study or business plans into use. It also shows how much it will cost you to own your desired business, what your money can afford. The kinds of product you will need to minimize input in other to maximize output, and how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. This will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. With that, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.


You can use this format in developing your own business Plans and feasibility Study 

OUR TABLE OF CONTENT INCLUDE;

  • SECTION I – EXECUTIVE SUMMARY
  • NAME OF BUSINESS / COMPANY
  • OFFICE & SITE LOCATION
  • MOTIVATION
  • MISSION STATEMENT
  • SOCIAL/ECONOMIC VALUE
  • PROJECT STATUS & START UP
  • WHY PREPARE THIS BUSINESS PLAN?
  • SECURITIES FOR THE PROPOSED LOAN
  • REPAYMENT
  • SECTION II – STUDY AREA
  • STUDY AREA
  • COMPANY OVERVIEW
  • MANAGEMENT TEAM
  • DEPARTMENTS IN THE COMPANY
  • EXPERIENCE
  • MANAGEMENT TEAM GAPS
  • SECTION III – INDUSTRY ANALYSIS
  • DEFINING YOUR INDUSTRY
  • YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS
  • INDUSTRY STRUCTURE
  • MARKET OVERVIEW
  • MARKET SEGMENTATION
  • RELEVANT MARKET SIZE
  • KEY SUCCESS FACTORS
  • LONG TERM PROSPECTIVE
  • MARKET CHARACTERISTICS
  • SAMPLING TECHNIQUE
  • SECTION IV – CUSTOMER ANALYSIS
  • TARGET CUSTOMERS
  • CUSTOMER NEEDS
  • MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS
  • BUYERS BEHAVIOUR
  • MARKET SHARE
  • SALES FORECASTING
  • SECTION V – COMPETITIVE ANALYSIS
  • DIRECT COMPETITORS
  • COMPETITIVE ADVANTAGES
  • SECTION VI – MARKETING PLAN
  • PRODUCTS & SERVICES
  • FINISHED PRODUCTS
  • PRODUCT QUALITY AND PRODUCTION QUANTITY
  • PRODUCTION CAPACITY
  • PRICING
  • PROMOTIONS PLAN
  • DISTRIBUTION PLAN
  • SECTION VII – OPERATIONS PLAN
  • GENERAL APPROACH TO PRODUCTION
  • TECHNICAL ANALYSIS / PRODUCTION PROCESS
  • EQUIPMENT
  • PACKAGING REQUIREMENTS
  • SECTION VIII – FINANCIAL PLAN
  • REVENUE MODEL
  • FINANCIAL ANALYSIS
  • FINANCIAL ASSUMPTIONS
  • FINANCE CHARGES
  • FINANCIAL PROJECTIONS
  • FUNDING REQUIREMENTS/USE OF FUNDS
  • CRITICAL ASSUMPTIONS



  • FINANCIAL MODELS
  • SUMMARY OF PROJECT COST
  • BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS
  • DEPRECIATION
  • UTILITIES
  • OPERATING EXPENSES (OPEX)
  • TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)
  • FINANCING PLAN
  • INSTALLED / AVAILABLE EQUIPMENT
  • BREAK-EVEN ANALYSIS
  • LOAN REPAYMENT SCHEDULE AND INTEREST PAID
  • FORECAST OF PROFIT AND LOSS
  • CASH FLOW
  • BALANCE SHEET
  • GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)
  • BUSINESS RATIOS - PROFITABILITY ANALYSIS
  • CONCLUSION
  • SECTION 3 – APPENDIX

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·         NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.

·        BUT, WE are permitted to display only executive summary.
·         This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State. 

·         1st sample;

These Feasibility study on poultry farming business (specializing on layers and boilers production), was conducted using projections, impressive publications, compounding interest/values, tables, graph, bar chart, pie chart, profits analysis and cash flow positions in other to give a clear picture of what is obtainable in that location, using eight plots of land, at Esemdiary village, Off Effurun Sapele Road, Okpe LGA of Delta state, Nigeria as a case study. 


Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi. 


Okpe Local Government is a territory that used to be part of the original Okpe Kingdom, its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration. 


After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria, it was discovered that, farming generally will do well both on crop and animal production.

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