A business plan is a written document that describes in detail how a business—usually a startup—defines its objectives and how it is to go about achieving its goals. A business plan lays out a written roadmap for the firm from marketing, financial, and operational standpoints.
Just as an architect draw a building plan for its building project that guides the actual building of the project, so businesses need to produce a business plan to guide the business or enterprise.

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What are the 3 main purposes of a Business Plan?

The 3 most important purposes of a business plan are 1) to create an effective strategy for growth, 2) to determine your future financial needs, and 3) to attract investors (including angel investors and VC funding) and lenders

A thoroughly executed feasibility study helps the firm in attaining a broad picture as well as a detailed analysis of the profitability of its future business.
It can expose knowledge about the project before investing budget, time or other resources into it. Sometimes, the scope of the project may be drastically changed.

The feasibility study ensures that all determinations are made prior to jumping into the business and learning about the shortcomings later. Various alternatives of the conduct of business are generated and the most optimum one is adopted.
This study provides invaluable detail and a scrutinized analysis of the entire business scenario.
It enhances the success rate as numerous parameters are evaluated.

It is also an excellent source of provision of information to the future investors of the business. They can receive a complete snapshot of the various factors related to the venture.
Feasibility studies are prevalent in countless industries including, but not limited to, the Hotel, Hospitality, Restaurant, Real Estate, Medical, Office, Industrial industry. A thorough guidance is provided to ensure that the business starts off on the right foot.
This study helps ensure smooth running of the business and paves way for effective operations.
It enables the organization to focus on both short and long term goals. The significance of this document can never be underestimated as the success or failure of the business is dependent on it.

Feasibility studies are important to business development. They can allow a business to address where and how it will operate. They can also identify potential obstacles that may impede its operations and recognize the amount of funding it will need to get the business up and running.

A feasibility study report reveals the profit potential of a business idea or opportunity to the entrepreneur, while a business plan helps the entrepreneur raise the needed startup capital from investors.

How to Start a Cashew Nut Processing Company

Do you want to start a cashew nut processing company from scratch? Or you need a sample cashew nut processing business plan template? If YES, then i advice you read on. “One fruit a day keeps the doctor away”, though this cliché is still true today as has always been. The value of fruits to the human body in terms of its vitamins is undeniable. Cashews are highly nutritious and contain energy, antioxidants and vitamins that are essential for robust health.

High in calories, fibers and many other minerals that help protect us from diseases and even cancer. Though cashew like most fruits is a seasonal fruit, processing it into other products has a lot of benefits and business advantages that one can decide to key into and profit from. Establishing a cashew nut processing company requires some technical details that need a lot of attention to put in place.

So what are the steps to take to start a cashew nut processing company and build it into a viable and profitable business?

Business Plan Writers
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How to Start a Soybean Processing Company –
Do you want to start a soybean processing company from scratch? Or you need a sample soybean processing business plan template? If YES, then i advice you read on. Food processing is one of the hottest business opportunities in Africa and in developing countries in the rest of the world. These countries spend several millions of dollars annually on importation of food products, even though the same foods can be produced locally.
In many developing countries, soybean processing plants are usually very few and their combined production capacity isn’t in any way close to meeting the overwhelming demand for the soybean milk, tofu, yoghurt, and other products. In addition, the poverty rates in these countries are so high, only few entrepreneurs can afford the cost of starting a soybean processing plant. These explain why there are still very few plants in those countries, despite the huge demand for the end products.

Business Plan Writers
Still Looking For Funds? You Now Have The Best Chance Of Getting The Finance You Need With Our Bank And Investor Ready MBA Standard Business Plans & Feasibility Study Reports.

With our highly in-depth world-class MBA Standard professional bank and investor-ready business plan & feasibility study report writing service, you can finally have the best chance of getting the finance you need for your business to succeed!

Business Plan Writers

Still Looking For Funds? You Now Have The Best Chance Of Getting The Finance You Need With Our Bank And Investor Ready MBA Standard Business Plans & Feasibility Study Reports.

With our highly in-depth world-class MBA Standard professional bank and investor-ready business plan & feasibility study report writing service, you can finally have the best chance of getting the finance you need for your business to succeed!

How to Start a Flour Production Company

For instance, wheat flour is made from wheat, corn flour is made from corn/maize; then there are others like rice flour, cocoyam flour and yam flour and my guess is that you know the raw materials each of these types of flour are made from.

Starting a flour company is a very profitable business that can break even after a few years due to the high demand for flour by companies that use flour as raw material to produce other finished products. The main end users of flour products are bakeries for production for bread and related pastries, pharmaceutical companies, and food processing companies, private individuals that engage in small pastry baking business.

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Fertilizer Manufacturing Company

It is common to see farmers using fertilizer to boost the growth of their crops. Fertilizer is a typical agro allied product. There is a very large global market for fertilizer, and as a matter of fact, it is a highly thriving and profitable business venture.

As an entrepreneur who is looking towards starting an agriculture manufacturing business, one of your best options is to go into the production of fertilizer. This type of business is capital intensive and will require licensing and permits from the appropriate authority.

Cashflow Analysis

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How to Start a Coconut Oil Production
Company

Do you want to start a coconut oil production from scratch? Or you need a sample coconut oil production business plan template? If YES, then i advice you read on. Coconut oil is one of the many commercial end products that can be gotten from a coconut tree. The coconut oil is made from the coconut fruits and the oil is said to be much better than groundnut oil to the health. Starting a coconut oil production business is a very profitable business and is less capital intensive than other forms of coconut related produce.

Investment funding Opportunities

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Business Plan Writers

Still Looking For Funds? You Now Have The Best Chance Of Getting The Finance You Need With Our Bank And Investor Ready MBA Standard Business Plans & Feasibility Study Reports.

With our highly in-depth world-class MBA Standard professional bank and investor-ready business plan & feasibility study report writing service, you can finally have the best chance of getting the finance you need for your business to succeed!

A business plan is more than a document. It’s a guide that helps you outline and achieve your goals. It’s also a management tool that allows you to analyze results, make strategic decisions, and showcase how your business will operate, and grow. In short, if you’re thinking of starting a business or plan to pitch your business to investors, writing a business plan can improve your chances of success.

Need a Business Plan, Feasibility Analysis, Cashflow Analysis, Investment Funding or Partnership, reach us by Call or WhatsApp on 07033097160.

How Much Does It Cost to Open a Shoe Store

Do you want to start a shoe store business and want to know the cost? If YES, here is a cost breakdown to open a shoe shop and the profit margin / ROI. As the name implies, shoe stores basically retail footwear. Shoes stores primarily purchase footwear from wholesalers and retail them directly to end users – customers. Experts project that the industry will grow at a 2.4 percent annual rate.

The shoes retail industry is a profitable industry and it is open for any aspiring entrepreneur to come in and establish his or her business; you can chose to start on a small scale in a street corner or on a large scale with several outlets in key cities in Nigeria.

Feasibility Studies preparation

Agricultural Export Business
Business Plan & Feasibility Studies

To run a certain type of business, you need to know everything about its industry and how things work. If you lack a comprehensive understanding, success becomes hard as even convincing clients to work with you becomes difficult.

A challenge many exporters face is they have little knowledge of the workings of the export business. What they know are the basics of procuring and shipping, but as for every other thing in between from product inspection to securing the right cargo documents, insurance, payment security, the global industry, and much more, they have a faint idea, and as a result, international buyers usually back out from the conversations after they ask some questions and are not getting any credible answers.

Join our Export training program to gain indepth knowledge and broading your scope of understanding the Export business like never before.

Feasibility studies are important to business development. They can allow a business to address where and how it will operate. They can also identify potential obstacles that may impede its operations and recognize the amount of funding it will need to get the business up and running.

Rice Cultivation

Rice is stable food that is consumed in all parts of the world which makes it a good crop to cultivate. If you are looking towards starting an agricultural crop cultivation business in Nigeria and you live in an area (preferably swampy and water logged areas) where the soil composition and the climatic conditions support the growth of rice, then one of your best options is to go into rice farming.

The truth is that, you don’t have to go all the way from cultivation to processing to bagging and to retailing before you make huge profits from rice farming. There are readily available buyers of raw rice; those who have factory for processing, bagging and wholesale distribution of rice.

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Natural Hair Product Manufacturing

Many naturals love to buy products from small, independent manufacturers because they feel like they’re supporting the greater good and getting something pure in return. However, when starting this business, just be ready to give away a lot of free products in the beginning.

It’s a good idea to beta-test your product first, by having a few friends try it. Then, send it to some YouTube beauty vloggers and have them review it. Products you can make from home and sell include shampoo, conditioner, curl cream, hair growth oil, and detangler. Nonetheless, ensure to adhere to home cosmetic safety standards by following the NAFDAC cosmetology guidelines.

A feasibility study report reveals the profit potential of a business idea or opportunity to the entrepreneur, while a business plan helps the entrepreneur raise the needed startup capital from investors.

How to Start a Cooking Gas Distribution
Company

Do you want to start a cooking gas company from scratch? Or you need a sample cooking gas distribution business plan template? If YES, then i advice you read on. Indeed some businesses require a fewer level struggle to market and a business that deals in essential commodities is one of them.
If you desire to start your own business and you are scared of taking the bold step to go ahead and setup the business simply because you are afraid of the hard task involved in making your business known by all and sundry, then you need to look at starting a business that deals with essential commodities or services.

One of the businesses that deal with essential commodities that you can comfortably start and make huge profit within few months of starting from, is the cooking gas supply business. Cooking gas is an essential commodity in most households. Therefore, if you live in a city where the distribution of cooking gas is not a government affair, then you can consider starting your own cooking gas distribution business.

Aside from few countries cum cities in the world where cooking gas can be directly distributed into apartments via already installed pipe lines, the usual practice is that people get their gas cylinder refilled by a retailer that deals in the distribution of cooking gas.

The startup capital required to successfully start a cooking gas distribution business varies from city to city and from country to country- but on the average, it is not expensive to start a cooking gas distribution business. What is more, the business is highly profitable.

Fish Farming:

Over 50% of Nigerian households will eat something that contains fish today. That’s right, Fish! This is a staple food in every Nigerian home and people eat it every week.

The fishes that are most highly in the demand are cat fishes and tilapia. There is more than enough market for them in Nigeria, and they will always sell out of your stock as soon as they’re grown, based on the buyer’s specifications.

The size of your fish farm determines a lot in how profitable you’d be. The larger your space, the larger your fish products, and the potentially higher your sales would be. Hotels, restaurants, fast-foods, and hospitals (homes inclusive) buy a lot of fishes on a daily basis. This agricultural business idea is one you can start today.

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