THIS BUSINESS PLAN IS REGULARLY UPDATED AND CAN ALSO BE USED FOR BANK LOANS, GRANTS, PROPOSAL FOR COMPETITIONS ETC
Planning to venture into Bread Bakery Business in Nigeria? Then worry no more, after reading this post, you’d get all the information you need to be a successful bread bakery business man or woman. This post is actually written for those that are planning to lay hold or grab the bread bakery business in Nigeria and take advantage of it.
I have taken my time to give alot of information on how you can go about starting your own bread bakery business in Nigeria, this post also contains a lot of information to start up your own bread bakery business in Nigeria, It’s more like a bread bakery business plan, in the plan you will get all there is to know to bread bakery and bread production business in Nigeria.
You will have to know the amount of money you need to start, the best locations, the marketing analysis etc. These and more are written in the bread bakery business plan. Just like I did in the Goat Farming Business Plan in Nigeria. Well as we all know, bread is in a very high demand, this is because it’s consumed around the world, so it’s a very welcoming business for all, and that is the reason for this post, for those that are totally new to this business, getting this plan will help a whole lot.
- TABLE OF CONTENTS FOR THE BREAD BAKERY BUSINESS PLAN IN NIGERIA
- 1.0 EXECUTIVE SUMMARY
- 2.0 BACKGROUND
- 2.1 Introduction
- 2.2 Vision and Mission
- 2.3 Ownership of the enterprise
- 2.4 Legal status
- 2.5 Location and facilities
- 2.6 Products/Service
- 2.7 Business Strategy
- 2.8 Key success factors
- 2.9 Revenue base
- 3.0 MARKETING AND CLIENTS
- 3.1 Nature and size
- 3.2 Target clients
- 3.3 Key competitors and players
- 3.4 Production process
- 3.5 Service delivery
- 3.6 Quality assurance
- 3.7 Demand/supply analysis
- 3.8 Technology
- 3.9 Competitive edge
- 4.0 MARKETING PLAN FOR THE BAKERY BUSINESS
- 4.1 Marketing
- 4.2 Promotion
- 4.3 Alliances
- 4.4 Market positioning
- 4.5 Service delivery strategy
- 4.6 SWOT analysis
- 5.0 ORGANIZATION AND MANAGEMENT
- 5.1 Organization of structures
- 5.2 Shareholders and directors
- 5.3 Management Team
- 5.4 External support
- 5.5 Personnel support
- 5.6 Values and norms of the company
- 6.0 LEGAL, REGULATORY, SOCIAL AND
- ENVIRONMENT ISSUES
- 6.1 Legal issues
- 6.2 Regulatory issues
- 6.3 Social issues
- 6.4 Environmental issues
- 7.0 FINANCIAL PLAN FOR THE BREAD BAKERY BUSINESS.
- 7.1 Summary of project cost
- 7.2 Funding plan statement
- 7.3 Funding requirement
- 7.4 Projected income statement
- 7.5 Projected cash-flows statement
- 7.6 Projected Balance sheet
- 7.7 Profitability analysis for the bakery business
- 7.8 Break-even point analysis
- 8.0 OTHER CONSIDERATIONS, CONCLUSION/
- 8.1 Economic justification
- 8.2 Commercial viability
- 8.4 General Conclusion and recommendation
GRAB YOUR BAKERY BUSINESS PLAN IN NIGERIA
To Get Your 2020 Bakery Business Plan PDF. Call 07030465171, Also to place an order, pay N10, 000 to
BANK NAME: GT BANK
ACCOUNT NUMBER: 0137025869
ACCOUNT NAME: UWADIA JOSHUA UCHE
Also Read Pig Farming Business Plan in Nigeria
After payment text your name and your e-mail address to 07030465171, and you’ll receive your BAKERY BUSINESS PLAN IN NIGERIA / FEASIBILITY STUDY
It will be sent to your email address after your payment has been confirmed. (Soft copy only)
Some estimations that was carried out on bread in 2020, it was discovered that bread is the second most selling and consumed snack in the country, the demand is higher than the supply, hence the bakery business in Nigeria is one of the most lucrative business we have in the country. It was also discovered and observed that the global pandemic didn’t affect bread demands of bread in the country. Also know that anything that has to do with baking brings about more than N40Billion per annul.
Just in the south west region alone of Nigeria, we gathered that there are over 5000 bakeries, even with the amount of bakeries we have, there are still plenty demands for bread, this is because some bakeries are not doing well at all, some are just there and the bread they produce is really poor. This also means that there is a thin line between success and failure, so for one to be successful in this kind of business, one has to know the basic information by writing a business plan and that’s why we are here for you, this can never be over emphasized because without a plan there is a possible chance of failure, in fact the chances of failure without getting a business plan is pretty high. However don’t forget that for this idea of feasibility study business plan is what you need to give you good knowledge of running a bread bakery business in Nigeria successfully and with simplicity.
1. Ownership of the business
This is totally on the management and the strategy they want to use to build the business, strategy in the sense that, it could start up as an individual company and as time goes on, depending on how the expansion is made in the company it could be changed to a public limited liability, but for it to be solely owned it depends on how much hard you have put into it, and for it to be indigenous owned it depends how much hard work you have also put into it. Howbeit, I candid advice is to register any of your business name through the CAC, this is a guaranteed protection of your business name for you and for your partners you will have in the future.
Some people don’t bother themselves in writing or getting a business plan before they venture into any business, well, I’d tell you for free that it’s very dangerous and it leads to failure when you venture into any business without writing a business plan about the business you are going into. But this doesn’t mean that writing or getting a business plan guarantees automatic success, we also have some factors that guarantee this success, but first start by writing or getting a business plan.
Why You Should Start a Bread Bakery in Nigeria
Bread is consumed by both old and young, sick and healthy so you’d find bread anywhere in Nigeria , this is one reason bread production in Nigeria is very lucrative, one thing about this business is that it’s advantages are more than it’s disadvantages, both the poor and the rich buy bread all over the country, both those in the rural and urban areas buy and consume bread, so you see, bread production has a very strong hold in the country., so I’d say, if you want to go into any investment , and are yet to find a suitable one, I’d say bread production is the ideal one for you it’s less competitive and very lucrative.
Marketing Strategies for Bread Bakery Business Plan In Nigeria
Bread sells in all parts of Nigeria, this is a fact, but there is need to be one step ahead of your fellow competitors, the need to have a sensible and nice strategy for marketing and advertising, you still to get use to your financial control of any business as a good business person, it’s also appropriate to have a detailed structure of what you are diving into instead of going into it blindly. In this plan you will get the exact step you are looking for in this business of bread.
Plants & Machinery for the Bread Bakery Business Plan In Nigeria
Certain, machinery and equipment are needed to set up an bakery with an ultra modern facility
Electric oven (3 Deck/4Deck are available depending on the capacity),
Electric milling machines
Bowl or dough mixer (of various capacities ranging from3-10 bags of 50kg flour at a time),
Automatic Slicing machine,
Baking pans differ, so getting different sizes is very welcoming.
Depends on how you want the machines, some can be locally acquire, whilst some can be imported.
Real details will be given to the investors of the bread production
Power generating ranging from 25KVA above depending also on the capacity of the plant to be installed can never be over emphasized as it very important to the project.
Raw Materials Applications and Sources for the Bread Bakery Business Plan In Nigeria
The following that are required for the commercial bread production that are locally available include the following; flour, sugar, salt, yeast and edible or baking fat. It is also advised to get a food professional that will help in the mixing during the baking.
Production Processes of the for The Bread Bakery Business Plan In Nigeria
The first step: Purchase the necessary raw materials from dealers and make sure they in stock.
Other steps include take a measurement of the required quantity to mix using the mixing bowl, it’s still okay to mill using a milling machine before transferring to the oven, you must the milled products into the baking pans and don’t just put in into the oven immediately, allow it to rise for some time before putting into the oven
Empty the baking pan slice after giving it some minutes to cool off, afterward, the bread is ready to be wrapped and to sell.
Packaging for The Bread Bakery Business Plan In Nigeria
You have to have a unique way of packaging your bread, a way that looks very attractive for consumers, because at the end of the day no one wants to buy an unpackaged product no matter how sweet it is.
Labor Requirement for The Bread Bakery Business Plan In Nigeria
From estimation, we have to realize that, about 16 people are needed to start the production, marketing, management and auxiliary staff.
Implementation of The Bread Bakery Business Plan In Nigeria
To handle the implementation of this project professionally, prospective investors should embark upon a detailed and bankable feasibility studies.
1) Executive Summary: The summary includes introduction, products, and services description, marketing and sales among others
2) Company Overview: this includes
- Mission Statement
- History and Current Status
- Markets and Products
- Keys to success
3) Product or Service description.
4) Industry and Market Analysis
- Industry analysis
- Market analysis
- Customer analysis
- Competitor analysis
- SWOT Analysis
5) Marketing Strategy
- Target Market Strategy
- Product/Service Strategy
- Pricing Strategy
- Distribution Strategy
- Advertising and Promotion Strategy
- Sales Strategy
- Marketing and Sales Forecasts
- Operations Strategy
- The scope of Operations
- Operating Expenses
- Development Strategy
- Development Timeline
- Development Expenses
- Company Organization
- Management Team
- Administrative Expenses
9) Summary of Financials
- Financial Assumptions
- Financial Forecasts
- Projected Cash Flow
- Income Statements
iii. Balance sheet
- Profit and loss
- Profit Margin, chart etc
- Financial Risks
Support for Product/Service Description (e.g., diagrams, pictures, etc.)
- Income Statement [3 years]
- Balance Sheets [3 years]
- Cash Flow Statements [3 years]
- Ratio Analysis [3 years]
- Other supporting financial statements
To Get Your 2020 Bakery Business Plan PDF. Call 07030465171 To place an order, pay N10, 000 to
GTBank (Guaranty Trust Bank)
Account Name – UWADIA JOSHUA UCHE
Account No – 0137025869
After payment text your name and your e-mail address to 07030465171 and you will receive your 2020 BAKERY BUSINESS PLAN IN NIGERIA PDF / FEASIBILITY STUDY.