Bread Bakery Business Plan In Nigeria / Feasibility Study Template
THIS BUSINESS PLAN ON Bread Bakery Business Plan In Nigeria is regularly updated to meet the current financial analysis of the current economic sate of the nation AND CAN ALSO BE USED FOR BANK LOANS, GRANTS, PROPOSAL FOR COMPETITIONS ETC.
Do you want to go into the bakery business in Nigeria? Do you have what it takes to own a bakery in Nigeria? Then you have come to the right place. Just relax and go through this business plan and you will be glad you did.
If you base in Lagos, then you must have noticed that bread is the most sold commodity. Even as local as agege bread is, it’s still sold in hundred of thousand daily. Every house in Nigeria eat bread either for breakfast, or with beans during launch or with stew for dinner. Anyhow, bread is a daily consumable. But bakery is not just just a place meant for bread production only. The likes of cakes, cookies, chin chin etc are all produced in the bakery. Many a time, we just zero bakery to bread production only.
Recent survey showed that the consumption of bread is the most of any snack or food item in Nigeria second to none. This is simply due to it’s high demand by consumers.
If this is true and it is true, then the business of bakery is likely to be among the top most lucrative business in Nigeria. The yearly turnovers are so high. An architect builds a house from his house, pen it down on a paper then it’s a done deal. The house must stand. So the building of the house starts from the mind to the pen then it becomes a reality. Why did I say this? If you want to start a bakery business, then you have to draw your business plan and that alone is half of the job. Now there are principles that really must be adhered to that truly and certainly will produce results. The high demand for food in Nigeria is not a big w thing to anyone. Because, bread as it where is been regarded as food for the masses both the poor, middle class and rich eat it. So the high demand for it will always be of the increase. And this has made the bakery business a very lucrative one to venture into.
Now if you want to get our well update documented Bakery business plan in Nigeria then place your order now.
To order for our well packaged BAKERY BUSINESS PLAN, pay N10,000 to GTBank (Guaranty Trust Bank)
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Account No – 0153723721..
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After paying for our Bakery Business Plan in Nigeria Feasibility/Business PDF, send your email and payment details to 09066078526.
Now let’s continue. Now if there is anything so good and interesting about the bakery business is the fact that you will always make sales and your ROI is guaranteed. I will really advise you go through that bakery business plan in Nigeria and see the magic in it. There is no loss in income in bakery business because there are people who will always demand for it. No matter the type of bread you.are producing. Be it the much sophisticated ones or the local agege bread. The fact that I just said one doesn’t make loss doing bakery business does not mean that it won’t happen. The success of this business depends largely on your knowledge and technical know-how and that is why a reputable and well update bakery business plan is what you need.
Bakery business is capital intensive. But also, it’s high rate in terms of capital depends on the quality of bread you want to be Producing. Yeah. You don’t want to compare an ordinary agege bread production to that other bread baked on superstores or mall or that one they call “AJ bread” in warri.
For those who wants to own or start a bakery business and have dismissed the idea of having a business plan, it’s quite unfortunate. Then you have to read my article I wrote on 3 Secrets on how to grow your business. It will sure be an eye opener for you. How do you think a skyscraper is built? First it is conceived in the heart, then it is penned down and finally the structure is physically built. Being successful in business is principle. You must adhere to it else you gonna crush your business. The difference between a successful business and a failed one is planning and that’s what the Bakery business plan helps you achieve.
One of the benefits of having a business plan in hand before venturing into this business is because the Bakery business plan and Feasibility study and sample business plan is the only feasible document that you need that will give you and indept analyses of every aspect of running a lucrative bread bakery business in Nigeria without loss or risking your hard earned capital.
Our well documented bread bakery feasibility study and it where contains some key information about the organization, the business environment, technical requirements, production operation, management analysis, Marketing plan and other key information which was documented by experts, experienced bakers etc to help start a bakery business and make significant progress too.
i) Ownership of the business
Here in Nigeria, we have seen that most bakeries are privately owned. This is what we see in Africa especially Nigeria. But this could only be for start ups. You could decide to own it privately for a start then later on you decide to make it public but before this, you must have puts in a lot of hard work into the business. But all these are dependent on the management scheme. Now before you start up a bakery business, I will be adviseable that you get your business name registered first under the CAC (corporate affairs commission). You can read how to register your business in Nigeria by clicking here. This will be a protection for your business interest and also for your potential partners. Get to it first before anything.
With the Bread bakery business plan, we will walk you through a step by step analysis on how you can successful get capital either via loan, or from anywhere, then also guide on how you can sort for clients and retain them, and also how you can manage your stuff, location of your business etc. There are also some factors that needs to be determined if you must turn out to be a successful bread bakery owner. But ensure you place your order for the Feasibility study plan on bakery because if you neglect it and go on with opening a bakery, it will be at your peril and detriment.
Why You Should Start A Bread Bakery In Nigeria
We all know how important bread is to Nigeria. It is the most consumed commodity here in Nigeria. Like i have stated before, bread is eaten by every phase of persons in Nigeria both the poor, middle class and the rich. With this in mind, investing in a bakery business will be more of a blessing. Experts have always said that investment in Bakery business is more sure than anything. The reason for the high profitable rate of bakery business, is because there are always people who will buy and eat and bread on a daily basis. Come to Lagos and see how bread is been consumed. And that is the main reason why we have been advised by many business gurus to go into bakery business.
We have been experiencing an upsurge of population in our country and this has led to the increased demand for bread consumption. With the high rate of demands in bread the need to increase the productivity of bread too must increase and that’s where you come in. Have you noticed that bread prices have been going up and up over the years and yet the demand by consumers are still on the increase. Check for the price of flour and the raw materials used in baking bread, then you will be woed.
The prices of these materials have increased but yet Investors are still coming into the business. Because the increase f bread by customers are covering up for the high prices of the raw materials. Let’s take a look at the price statistics of bread for years now by the Nigeria bakers association. According to a released publication of prices of bread in the last three years by an average of about 25 per cent from between N80 and N120 per family size loaf to between N120 and N150 amid increase in the prices of baking materials and at the time of writing this publication on bread bakery business in Nigeria, a family sized loaf of bread is between N250- N400 naira a loaf.
Having a bakery doesn’t necessarily mean that you will only be Producing bread. Nope and nope. You could use it to produce other products like:
Pies- Meat pies, apple pies, chicken pies, fruit pies etc
Sausages- of different sizes
Pizzas- pepperoni, ham and sausage, mushrooms and garlic, etc
Bread- wheat bread, cheese bread, cake bread ,fruit bread etc
Hotdogs and Burgers- cheese, chicken and beef.
Donuts- chocolate, jam, etc.
Starting the Bakery Business
There are very important factors to consider before opening a bakery. Your location is very key. You can’t open your bakery in a dense populated area and expect a high return. So, to will work well if you do that in a very populated place. No bakery in Lagos or Benin or any city ever run loss except for poor management. One reason for this is that, it will be easy for retailers to come buy and go distribute too because if they can’t afford coming to your company, they may as well quit and locate a nearer one.
Another factor that could be very important is the fact that you must have good quality bread and good package system. If this happens, you will always have customers flocking in constantly. So produce quality, brand your goods to be attractive and make your price affordable.
Some people will say “but both village and town people eat bread na why don’t i just open a bakery in the village”? The problem with this idea is that, you may never be able to produce quality bread, high priced bread, and there are certain customers you can never have that would have helped you grow. Open your bakery in a populated area and send your products to them in the village via your company bus.
Before you can get approval from NAFDAC and SON for your bakery, the operational environment must be very clean and tidied up. Which means you have to site the project in a very clean environment. Details on the structural plan and location information will be given to the prospective investors on our well packaged bakery business plan in Nigeria.
Marketing Tactics & Strategy
Because we have been saying that bread are in high demands doesn’t mean that if you open a bakery sales will just start. No a thousand times no. You must apply marketing strategy that will work. Without a good marketing tactics you may never sell your products. This is where I will encourage you to get our well documented bakery business plan in Nigeria where you can get all the marketing tactics you need from our business and marketing experts
Equipments & Machinery for Bakery
For those who intend setting up a modern bakery, below are the listed equipments and tools you will need.
Electric Oven, industrial burner, mixer, electric machines, bowel or dough mixer, standard scale/measure, automatic slicing machine, paster roller. The generating set etc
If there is any part of your business you shouldn’t joke with, is the packaging of your business. You must attract your customers to your product and this you will do via packaging. If you want to be a local Baker that won’t attract some specific customers, then just ignore packaging. But if you want your product to spread to some quarters and to some personnel, then you must package your goods very well.
TABLE OF CONTENTS FOR THE BREAD BAKERY BUSINESS PLAN IN NIGERIA
1.0 EXECUTIVE SUMMARY
2.2 Vision and Mission
2.3 Ownership of the enterprise
2.4 Legal status
2.5 Location and facilities
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
3.9 Competitive edge
4.0 MARKETING PLAN FOR THE BAKERY BUSINESS
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
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
Hurry now, Get Your Bakery Business Plan. To place an order, pay N10,000 to
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Account Name – Ogumka Innocent
Account No – 0153723721
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