Are you interested in the agro-allied or food processing sector?
Do you need a standard palm oil processing business plan?
Then here’s an in-depth guide on how to start a palm oil processing company here in Nigeria.
Though among very lucrative businesses in Nigeria, the palm oil business is commonly overlooked. Palm oil is the most consumed edible oil worldwide, as it is a popular food ingredient in Africa and some parts of Asia (such as in Malaysia and Indonesia).
Palm oil is in the greatest demand in West Africa, where it is used in almost every home for cooking and few other purposes. But in spite of this, the region produces less than 5% of the palm oil produced worldwide. Malaysia and Indonesia are the world’s largest producers and exporters of the commodity, and West Africa is one of their biggest export markets because countries in the region are not producing enough palm oil to meet the demands of their local markets.
Presently, the global palm oil market is worth hundreds of millions of dollars, and it only keeps growing. You can make a lot of money by tapping into this lucrative market. There are many opportunities in palm oil production for interested entrepreneurs.
There are many ways to make money from palm oil, depending on how much capital you have. If you have little capital, you can buy and sell palm oil in bulk quantities. But if you have huge capital, you can start a palm oil processing company or a palm kernel extraction plant, which is by far the most lucrative palm oil business. If you are interested in setting up a palm oil processing company, the following are the steps you need to take.
OUR STANDARD PALM OIL BUSINESS PLAN is a comprehensive business plan that will assist you with all the needed ideas and plans to start a successful PALM OIL business. It will also give you all the needed guides to start an ultra-modern palm oil processing company.
PROCESSING business anywhere in the world is a viable business and can be done on a large scale or small scale.
Starting PALM OIL PROCESSING business in Nigeria is usually for two major investment purposes; To produce processed palm oil for the local market and export purpose and to produce kernel for marketing purpose to other company who will later process it into palm kernel oil.
The PALM OIL business plan is fully updated with current research on how to start a PALM OIL business, get the attention of the market, retain them and make huge profits.
The business plan has a full analysis of the PALM OIL business in Nigeria, PALM OIL large composite machines and equipment (MILL) and PALM OIL design and installation, the cost of PALM OIL, PALM OIL dealers. The PALM OIL business plan also has an in-depth analysis of oil palm processing equipment.
3 Years of Automated Financial Model in MS Excel with complete industry research.
Let me give you an idea of what you should expect from the business plan:
1) Table of Contents
2) Executive Summary: The summary includes introduction, products and services description, marketing and sales among others
3) Company Overview: this includes
History and Current Status
Markets and Products
Keys to success
4) Product description: All our products are described including other unique features.
5) Industry and Market Analysis
6) Marketing Strategy
Target Market Strategy
Advertising and Promotion Strategy
Marketing and sales Forecasts
Scope of Operations
10) Summary of Financials
Projected Cash Flow
iii. Balance sheet
Profit and loss
Profit Margin, chart etc
Income Statement [3 years]
Balance Sheets [3 years]
Cash Flow Statements [3 years]
Ratio Analysis [3 years]
Other supporting financial statements