Yoghurt Production Business Plan in Nigeria

Business Plan for Yoghurt Production in Nigeria –

In this this article, we will be discussing on how to start a yogurt production business in Nigeria.

We will also talk about a sample yogurt factory business plan in Nigeria.

We will also talk about the challenges of running yogurt business in Nigeria

Introduction

Yoghurt business in Nigeria just like any other business that has to do with food or drinks flourish in Nigeria, its difficult to see such businesses run out of market, because of the population of the country, the citizens will always have a cause to demand for such products and hence always making your services to blossom. When you think about such products, yogurt business comes yo mind, it’s a product that’s sold all over the streets of Nigeria, big or small cities all over the country, urban or rural areas in Nigeria, young or old, all consume yogurt, hence its demands is always on the high side and people that are involved in hog business in Nigeria are always making huge profits.

People always want to drink yoghurt for different reasons, it could be because of how hot the Nigerian sun is at the time, others consume it because of other benefits it adds to the body, However some people think any blocked flavored drinks or shakes the buy on the traffic of Nigeria are yoghurt, this is why I will take time to really explain what yoghurt really is.

A quick question, What is yoghurt? I’d start with telling you what yoghurt really is. Yoghurt is actually a bacterial of a milk that been fermented. So Yoghurt is a mixture of milk fermented by the action of added bacterial culture. Yoghurt is very healthy for consumption because of the very rich nutrients contents it possesses, in this drink called yoghurt you have nutrients like protein, calcium, phosphorus, selenium, vitamins B6 and B12, etc

Health benefits of consuming yoghurt

When you consume yogurt part from the fact that its very satisfying, it also has some very much health benefits, below are some of them.

The mineral contents it possesses is very high, majority of these contents are phosphorus and selenium, calcium, these contents help to build strong bones and teeth in the body.

The moderate protein contents it possesses help to build the body perfectly.
The bacterial contents it possesses help for digesting and also help to keep the Gastrointestinal tracks healthy.

The low fat protein it possesses has plenty uses, it can be used for diet supplements, especially for those that are seeking for weight loss. Its been debated that yoghurt intake or yoghurt consumption help to boost the body immune system. These are just few of the important if yoghurt in the body, so it means going unto the lucrative business is very welcoming, because of it’s demands and with the knowledge everyone want to take yoghurt
But you’d always ask yourself, his do I start the yoghurt business in Nigeria.

How to start yoghurt business in Nigeria

First and Foremost

Get all the training necessary just like you do when starting Bread Bakery Business Plan In Nigeria : this training is like the basics of the business, if you are not very acquainted with the process of making yoghurt, it very important that your have a first hand knowledge of how yoghurt is processed or done, this is entirely up to you and your schedules, you can learn by enrolling in a school, or if you have friends or know anyone around you with this idea, or any company close to your vicinity you can visit these persons or companies and ask necessary questions on how yoghurt is processed. Thus is for your own good because it will your not to waste capital, but if your solely interested in the marketing aspects, you can skip the learning process and just focus on the marketing, like buying from companies and selling with your own price.

You get as much information as you want from the market survey you carry out, this is so important because without the market survey, u wouldn’t know or have an idea of the information regarding this market, the market survey helps you make a decision on the kind of market you want base on your finance at that given time.

This is tend to go as a result of your decision, if you want to be selling for a household company, a company that’s already made its name, or you want to have your own yoghurt company, this survey also give you an insight of the most demanded flavor of yoghurt of the people in the area, further more, it gives you clear knowledge of the group of people always in demand of yoghurt, and also how to outsmart them and make yours more creative, base on the fact that you have already known the activities of your competitors.
The survey also advises you on the exact location to set up your business, because you’d have to know if you are moving out from your old apartment to get a new one on a new location, or the apartment you currently reside in its OK for the business.

Its advisable to run a market survey:

Write a business plan: Your business plan is a write up showing how your business will be run from start up till grows to become a well recognized name in the area.

It entrails significant details like product to have a great focus on, how the business is structured, how the management structured, how the required capital will be realized, the equipment needed for the business to prosper very well, etc.

This gives you and insight into making financial projections into the future of your business and helps get a proper planning of whatsoever business you want to do. For any business to thrive and flourish, it is very important that a detailed business plan is written and followed strictly without questions.

Hurry and get our yogurt factory business plan for just N10,000 only.

This business plan for yoghurt production in Nigeria has its sample feasibility study include and can be used to collect bank loans, get investors, grants, etc.
READ Nylon & Polythene Production Business Plan In Nigeria
To pay an order, pay N10,000 to:

you If are only interested in getting our sample “Yoghurt 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 “Business Plan for Yoghurt Production in Nigeria” to 07030465171

Determine your business location:
This is also very important, the location of a business can determine to a large extent how well the business will grow and succeed, therefore, we also advice that the business location should be in a place close in proximity where raw material needed for the business should not be difficult to get.
It should also depend on the proximity to the ready market for the product for easy access.
The location should be an area that has the ability to get a great amount of cash in terms of daily sales, that is an area where people who purchase yoghurt reside.

The place should also have some certain conditions like how neat the place is, anything security shouldn’t be an issue, customer friendliness should be practiced, regular power supply, etc. if you want to be producing your own yoghurt, make sure you meet all the terms and conditions laid down by NAFDAC and SON, and must be followed to the letter, to by any producer of consumables, you must ensure you meet up with these as the bodies are very strict about their rules and breaking them could mean total closure of the business.

Raising capital for the business: You might be blessed to have a great idea regarding running different businesses, but with physical cash at the disposal the idea will just remain an idea, and might never come to fruition, It is money that makes an idea come into light into a source of revenue. Like I said before, coming into the yoghurt business can be done in two ways, reselling (acting as a marketer for and established company) or starting up your own production company.
Starting up your own yoghurt production company is quite capital intensive as you will need a lot of money get a large space for production, equipment for production, staff salaries, distribution vehicle, etc.

Also Read Rice Farming Business Plan in Nigeria

If you just want to resell on behalf of another company, this is quite easier because you do not really need a large capital, all you need is money to buy from the parent company the one u are selling for, and its also compulsory u get a refrigerator to cool the product till you sell.
You are confident to make more money as a producer than a reseller if you make all the necessary plans. There are so many ways you can raise capital, getting money from family members or friends, applying for loans from banks or other corporate bodies, etc.

Registering your business name:
If you will be operating the business as a marketer for a company that has started operating or a parent company, then you really do not need to register a business name, because it is not necessary.
One of the requirements by the Nigerian law, is that you are to register as a business before you commence production, if you will be manufacturing your own product, that is you want to be a manufacturer of some yoghurt flavors.
You can do this by visiting the Corporate Affairs Commission (CAC), they will guide you, tell you the amount you’d need to pay, and you will have your right of production.

Small scale Yoghurt production equipment in Nigeria: It really doesn’t matter what you want to do,
Whether you will run your own production outfit or you will be a marketer, there are several equipment you must have in your possession for your business to be fully functional and can give you reasonable amount of profit. Some of these equipment include yoghurt dispensers, refrigerators, sealing machines, freezers, chairs, tables, containers for toppings, rotary cup fillings, etc. All you nerd do is to take out time to study the line of business very well before buying any equipment so that you do not end up wasting money by buying what you wouldn’t be needing and things unnecessary, thereby wasting the money you are supposed to use to by thing needed for the business.

Arrange for raw materials: After you have sorted out equipment, it is important that seek out a source to satisfy your need for raw materials and the source doesn’t disappoint so you can stay in business.
It is very vital that this your source is not too expensive and very reliable at the same time. And its also advisable to get acquainted with more than one source to avoid disappointments.

Hire staff: Staff and workers always make a job easier, If you will be producing your own yoghurt or you will be running the business on a large scale, you will need to hire a few staff and workers.
Some of these staff could be inexperienced, so make sure they go through training so that they can buy into the vision of your company to ensure they are fully efficient to grow your business.

Aggressive marketing: .

This is a product that lots of people can live without, so its your duty to market it with all you have, make sure to be creative in your marketing strategy, and add new styles to the packaging, so people would really be interested in the product you sell, and so they patronize you.

There are so many means of publicity you can use, example flyers, social media platforms run promos and give freebies, etc.

READ Pharmacy Business Plan In Nigeria

Challenges of running yogurt business in Nigeria

As lucrative as the yogurt business can be, there are several challenges associated with the business especially in Nigeria. Some of these challenges are stated below:

Erratic power supply. The situation of power in the country is not so constant and this can be a major pitfall in this business as the product needs to be sold to the consumers in a frozen form. To overcome this challenge you can get an alternative source of power supply like a generating set.

The weather can be hot at times and this might affect the product if you are distributing outside of your base office. To overcome this challenge you can get a cooling van to make distribution and delivery easier.

I hope this write up has educated you about the yoghurt business in Nigeria and has developed a zest in you to start up the business. It is very lucrative and doing the right things, you cannot regret engaging in this business.

you If are only interested in getting our sample “Yoghurt 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 “Business Plan for Yoghurt Production in Nigeria” to 07030465171

Pharmacy Business Plan In Nigeria

Nylon & Polythene Production Business Plan In Nigeria

Supermarket Business Plan in Nigeria

Nylon & Polythene Production Business Plan In Nigeria