Nylon & Polythene Production Business Plan In Nigeria

Nylon and Polythene Production Business Plan In Nigeria : We are going to give you great tips on this post, the nylon and polythene production business is no doubt one of the best selling businesses in the country although not everyone in the country knows about this, because the nylon and polythene production business is not a very much talked about business, or a very popular business in Nigeria, little do people know is how lucrative and easy going the nylon production business is in the country, don’t forget that most goods that are produced are packaged using nylon, I mean almost all products.

If you are only interested in getting our sample Nylon production business plan in Nigeria, pay N10,000 to

ACCOUNT NAME: UWADIA JOSHUA UCHE

ACCOUNT NUMBER: 0137025869

BANK: GT BANK

ACCOUNT NAME: UWADIA JOSHUA UCHE

ACCOUNT NUMBER: 0245684926

BANK : WEMA BANK

After payment, send your name, email address and “Nylon Production Business Plan in Nigeria” to 07030465171

This thing called nylon is a synthetic fibre which is made up of lightweight, it last long, strong and it’s easy to access, and you should also remember that it’s man made. It is very desirable for different uses, especially when it comes to packaging products by different companies that’s the reason why I should say the properties it possess is very nice.

What is so special about nylon?

What is really unique about this nylon business
Although we cannot categorically discuss everything about the nylon business here in this post, but we’d give you a clue, that’s the reason why people cannot understand why this business is so lucrative, but if you get to know more about the business, it will give you an insight unto understanding the reason behind the flourishing of this lucrative business.

Spinneret is the device used to produce nylon, nylon is usually produced when a molten nylon is pushed through an opening, a small opening though. It is the spinneret that converts the molten nylon into filamentous materials, hence its many properties. Because of these properties, nylon is very easy to use and is elastic (to an extent) in nature.

One of the stand out properties of nylon is that you don’t need any special laundry processes to cleanup your nylon. Nylon can be washed with any soap and water. These properties and many others have made nylon desirable all over the world.

You can get lots of profits when you invest in nylon production business plan as long as management skills is remarkable, the nylon production business is also key to the Nigerian economy sector, cos it plays a vital roll to the public, this is why lots of people that know about this business invest in it very well.

There’s every possibilities of becoming a billionaire in this business, although not everyone in this business would tell you that, this is not a conspiracy theory as it were, but its the fact, its a secret that most people in this business don’t share, think about it, there is no day nylon is not in demand in Nigeria and abroad, I mean a constant demand of nylon on a daily basis.

Now let me tell you, more than N50 billion is spent to buy nylon in Nigeria every year? Think about it , more than N50 billion, what I like more about this business is that with N20,000 you can start production. There is also no specific season for nylon production, every season is perfect

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Opportunities in the nylon production industry in Nigeria

Believe it or not, this industry is one of the largest in Nigeria. It might be a bit surprising that a product as trivial as nylon can attract so much revenue. Think about it, everything we purchase from the markets,

If you would ask yourself, this industry is not very popular and publicized, and it’s one industry that produces a very large revenue the country, just think about it everything we buy from the market, malls, provision shops, roadside sellers, is packaged in nylon Even our beloved pure water is packaged using nylon.

This shows how important this part of business is to Nigerian economy at large, but the the competition in this business is also very much, so u have to up your game, and always be aware of that.

So many people are into the nylon and polythene production business in Nigeria, this makes the nylon production company very much lucrative, so you that are planning to go into this business should be happy, this is because the market is very large, all you need do is find your target market and explore

You can’t just wait to start or dive into this great business, which is remarkable, but you’d need to master few things as regards this business, not just few things, more than few things, learning these things is sure of your success in the nylon production business in Nigeria. In this section, we will share a few tips to help you start your nylon and polythene production business in Nigeria.

Get your raw materials

Without raw materials, this business cannot start, getting the necessary raw materials is key of kicking start this business, getting raw materials isn’t very difficult, once you know what you are looking for, others think its difficult, but its not.

You can get some of these raw materials by visiting the petroleum refineries that in your vicinity, if there’s non around you, try visit area closest to you, this is because, the raw materials needed for nylon production are the by-product of the processing petroleum. Some of the raw materials you need include polyethylene, polythene, lupine, and ecorene, etc.

Acquire the required machines

For the purpose of this post, we will be focusing on starting this business on a small-scale. However, we have listed some machines that will facilitate your production process.

Punching blades
Semi-automatic nylon cutting machine
There is also a printing machine which helps to print designs onto your nylons. I can say, this machine is not compulsory as you can outsource this part of the production process or if you choose to ignore it, you can altogether. Printing on nylon bags is not very expensive as a matter of fact its cheap, depending on the design you can print for between N25 and N50.

We strongly recommend that if you have what it takes to buy the fully automatic machine, you should go ahead and get one. This makes the process faster and more efficient. Plus it gives you an advantage to be over your competitors.

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Acquire capital
Well all we have said in the above can be impossible without some form of capital.
Capital is very important as a matter of fact its the main key to any business and this one is not an exception. The amount of funds you need to start is dependent on the scale at which you plan to operate. For a small scale nylon production business, you need between N30,000 and N50,000.

Many people ask the question, “How can I raise capital?” There are some ways you can get fund to start this business.

Personal savings
Bank loans
Investors
Loved ones
Acquire an office/production space

The place where u can be producing your nylon is called your your office or production space, however the space must not be very big like a football field or a baseball field, you just need a real good space a space wide enough to accommodate your machines, because these machines are large, and you’d need a space to accommodate these machines to avoid it being cramped up.
A poor production can be resulted when the space is cramped, and don’t forget business starts falling when your production is poor, make sure the agent getting you the space, knows exactly the kind of space that you have in mind, then you can inspect it before payment.

Also put in mind that the where the production is should be close to where the raw materials and also the market too, by doing this you don’t need unnecessary spending for transportation of raw materials and even the finished products.

Feasibility study on Nylon Production/Business plan

For many professionals, this is the first thing you should do before you set out. Many businesses today have failed because they ignore the fact that they lack proper plan , also put in mind that a feasibility study is different from a business plan, they are two different documents

Your feasibility that you’d carried out must be detailed, so you can really understand the industry a great deal. You have to have an understanding of the industry you are getting into, like the production processes, you also need to know where to get the raw materials your target market, and what they need. You should also find out where to sell your products and what the best marketing practices are.

The outcome of your feasibility study will help you to develop a workable and running business plan. More than half of Nigerian businesses fail because they don’t usually have a business plan. Don’t be caught in the same web. Your business plan is a map that guides your business from the beginning all the way to the top.

If you wish, you can contact us to write a concise business plan for your nylon production business.

Begin production

You should be familiar by now what the production process entails and the different stages of production.
You should also have gotten your raw materials and the necessary machines required for the production processes. You can Start production following the method or processes that has been prescribed and be sure to invest in producing quality. This will give your business a good reputation on the market.

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Sell your products

You ought to have figured out who you plan to sell to and your prices, afterwards then all that’s remaining is pushing out your products. There are several ways of marketing products these days asides conventional methods. You can consider using the internet as a medium, especially if you want to reach customers beyond your location.

Employ staff

Just with a little time , you may not be able to handle all the processes by yourself. This is because your business is growing fast and you will need some extra hands. Instead of weighing yourself down and producing below demand, you will need to employ staff. But while recruiting staff be careful, so that you don’t recruit poor or lazy workers or those who don’t pay attention to detail, don’t forget the manpower of your company depends on your staff.

Challenges of nylon production in Nigeria

We have stated below some challenges you can encounter in the nylon production business in Nigeria, because it is normal for other business to also face challenges.

Poor power supply. The machines used to produce nylon bags cannot work without power, no way. So it will be a normal thing on purchasing fuel for the stand by generator when there’s no power from PHCN, this could play a big part of shortage as its an extra cost on the business, which could make the business to fold up, if not managed well.

Procurement of machines.. There are lots of locally made nylon machines, so finding it should not really very difficult in Nigeria. But when you start expanding that’s when it becomes a little difficult, because they are kind of expensive, and maybe you don’t have enough money to buy it.

Like I said before, the nylon production business in Nigeria just like the Rice Farming Business Plan in Nigeria is a very lucrative business, take you time to study the business and put in the required effort, you make good profit from this business.

If you will like a feasibility study and business plan for this business, you can connect with us today or you can get a sample nylon production business plan in Nigeria from us now.

To place an order for you Cucumber Business Plan in Nigeria, Pay N10,000 into any of the following accounts.

ACCOUNT NAME: UWADIA JOSHUA UCHE

ACCOUNT NUMBER: 0137025869

BANK: GT BANK

ACCOUNT NAME: UWADIA JOSHUA UCHE

ACCOUNT NUMBER: 0245684926

BANK : WEMA BANK

After payment, send your name, email address and “feasibility study on nylon production pdf” to 07030465171.

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