BEANS FLOUR BUSINESS PLAN

Beans are an important food that is widely grown and consumed by a large number of Nigerians due to their high protein and carbohydrate content.

This is a document that describes the Beans Flour Business, the products and services, and the customers to sell to. It explains the business strategy. How to build and grow the business, what the marketing strategy is, and who the competitors are.

Because of a lack of adequate storage facilities, staple foods such as beans, plantains, yams, cassava, and others are wasted in Nigeria every year after harvest.

Farmers in Nigeria can reduce harvest losses and earn more money by adding value to their crops.

By value addition, I mean the processing and packaging of food items such as beans into bean flour that can be sold all year in Nigeria and exported.

Since the introduction of bean flour into the Nigerian market a few years ago, most housewives have found it very simple to prepare Fried Bean Cake (Akara) and Moin-Moin.

Aside from the local demand for packaged Beans flour, Nigerians and other Africans living abroad consume a large amount of the product. Before I go further, let’s take a look at the contents of the business plan:

Table of Contents

EXECUTIVE SUMMARY

1. Introduction

1.1 Introduction

1.2 Justification for venturing into the business

1.3 Vision

1.4 Mission

1.5 Value Preposition

1.6 Our Products

1.7 Business Objectives

2. Marketing Plan

2.1 Marketing Strategy

2.2 Marketing Channels

2.3 Our Competitive Advantages

3. Management

4. Swot Analysis.

5. Manufacturing Process

5.1 The process

5.1 Land and Building

5.2 Machinery

5.3 Miscellaneous Assets

5.4 Utilities

5.5 Raw and Packing Materials

6. MANPOWER REQUIREMENTS

7. TENTATIVE IMPLEMENTATION SCHEDULE

8. DETAILS OF THE PROPOSED PROJECT

8.1 Land and Building

8.2 Machinery

8.3 Miscellaneous Assets

8.4 Preliminary & Pre-operative Expenses

8.5 Working Capital Requirements

8.6 Cost of the Project & Means of Financing

8.7 Means of Finance

9.0 PROFITABILITY CALCULATIONS

9.1 Production Capacity & Build-up

9.2 Sales Revenue at 100%

9.3 Raw and Packing Materials Required at 100%

9.4 Utilities

9.5 Interest

9.6 Depreciation

10.0 PROJECTED PROFITABILITY

11.0 BREAK-EVEN ANALYSIS

LEVERAGES

21-pages PDF