Bakery Business Plan with 3 Years Financial Projections


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* Access our standard bakery business plan with 3 years financial projection to secure funds for your business

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* The plan is easily customizable and the financial is automated. A layman can work with it.

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Product Description

The bakery business (bread) is one of the lucrative businesses in Nigeria as bread is widely consumed in Nigeria. In fact, bread is the third staple food in Nigeria. There is virtually no household in Nigeria where bread is not consumed and in some families, bread is their main food.

Lagos State is the highest bread consumer in Nigeria as about 10 million loaves of bread are consumed in Lagos State every day.

It will interest you to know that in Nigeria’s bread sector, small-scale bakers dominate the market. According to a KPMG report in 2016, “Nigeria’s bread sub-sector is growing at a faster pace, with 72 percent of the $621 million industry dominated by small- and medium-scale bakers”.

It’s a business you can start from your home and focusing on special bread. Special bread-like fish bread, coconut bread, butter bread, sandwich bread, chocolate bread, walnut bread, honey Sand bread, soft cheese, and Pepperoni Bread just to mention a few.

It is a business you can start on a small scale. With N500,000 to cover the oven cost and generating set, you can start from your home and package it in a very nice way. If you have N5,000,000 to start, that is still considered a small scale but it will give you a lot of leverage and power.

The equipment you will need to start big or small is flour/dough mixer, dough cutter / Divider, bakery oven, baking pans, bread slicer, working table, weigh scale, and other accessories.

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Additional Information

Business Plan

Word Doc – The business plan is in word doc and you can modify it to your taste

3 Years Financial Plan

The financial template is automated and can be modified


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Take a look at the table of contents below to understand what is in the plan.

  1. Overview

1.0 Executive Summary

1.1 Benefits

1.2 Objectives

1.3 Mission

1.4 Keys to Success

2.0 Company Summary

2.1 Company Ownership

2.2 Company History

2.3 Location and facilities

2.4 Start-Up Summary

2.4.1 Required Funds

3.0 Product and Services

3.1 Overview

3.2 Pricing Strategy

3.3 Competitive Advantage

3.4 Future Products or Services

4.0 Market Analysis

4.0.1 Market Summary

4.0.2 Market Trend

4.0.3 Marketing Plan

4.1 Market Segmentation

4.2 Target Market Segment Analysis

4.3 Industry Analysis

4.4 Demand

4.5 Challenges Facing the industry

4.6 SWOT Analysis

4.6.1 Strengths

4.6.2 Weakness

4.6.3 Opportunities

4.6.4 Threats

4.7 External Environmental Analysis

4.8 Competition and Buying Patterns

4.9 Market Strategy

4.10 Sales Strategy

4.10.1 Sales Forecast

5.0 Operation plan

5.1 Production plan

5.2 Production costs

5.3 Production process

5.4 Production systems

6.0 Strategy and Implementation Summary

6.1 Competitive Edge

7.0 Management Summary

7.1 Organizational Structure

7.2 Management Team

7.3 Personnel Plan

Table: Salaries and Wages

8.0 Financial Plan

8.1 Important Assumptions

8.2 Budget

8.3 Sales Forecast 1-3 Years

8.4 Operating Expenses 1-3 Years

8.5 Cash Flow Forecast 1-3 Years

8.6 Income Statements 1-3 Years

8.7 Balance Sheet 1-3 Years

8.8 Break-even Analysis

8.9 Financial Ratio

8.10 Loan Repayment Schedule, Amortization, and Depreciation

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