CASSAVA FARM PRODUCTION BUSINESS PLAN AND FEASIBILITY STUDY FOR AKWA CROSS MULTIVENTURE LIMITED, AKWA


CASSAVA FARM PRODUCTION BUSINESS PLAN AND FEASIBILITY STUDY FOR AKWA CROSS MULTIVENTURE LIMITED, AKWA

CASSAVA FARM PRODUCTION BUSINESS PLAN AND FEASIBILITY STUDY FOR AKWA CROSS MULTIVENTURE LIMITED, AKWA

EXECUTIVE SUMMARY:

Akwa Cross Multiventure Limited is a company based in Akwa, Nigeria, that specializes in the production and distribution of agricultural products. The company intends to venture into the cassava farming business to take advantage of the high demand for cassava products in the local and international markets.

This business plan and feasibility study outline the steps necessary to launch and operate a successful cassava farm. The study includes an analysis of the cassava farming industry, the potential market for cassava products, and a financial analysis of the project.

INDUSTRY ANALYSIS:

The cassava farming industry is a viable and profitable venture in Nigeria. Cassava is a staple food in Nigeria and is used to make a variety of products such as garri, fufu, and cassava flour. The demand for cassava products is high, and there is a growing market for cassava products in international markets. The industry is relatively easy to enter, and there are government incentives and subsidies available for farmers.

MARKET ANALYSIS:

The potential market for cassava products is vast, both locally and internationally. The local market for cassava products includes households, restaurants, and small businesses. The international market includes companies that produce cassava-based products, such as starch and ethanol. The company will focus on producing high-quality cassava products to meet the demand of the local and international markets.

PRODUCT DESCRIPTION:

The company will produce high-quality cassava products such as garri, fufu, and cassava flour. The production process will include land preparation, planting, weeding, harvesting, and processing. The cassava farm will initially cover a total of 50 hectares of land, with the potential for expansion in the future.

MARKETING AND SALES:

The company will market its products through various channels, including social media, print media, and referrals. The company will establish partnerships with local distributors and export agents to reach international markets. The sales team will focus on building long-term relationships with customers, providing quality products, and excellent customer service.

OPERATIONS:

The cassava farm will require various equipment, including tractors, harvesters, and processing machines. The company will invest in modern technology to ensure efficiency in the production process. The farm will employ skilled workers to manage the day-to-day operations of the farm.

FINANCIAL ANALYSIS:

The total investment required to start the cassava farm is estimated at NGN 25,000,000, which includes land acquisition, equipment purchase, and operational expenses for the first year. The company will generate revenue from the sale of cassava products, with an estimated revenue of NGN 15,000,000 in the first year of operation. The company expects to break even in the second year and achieve a net profit of NGN 7,500,000 in the third year of operation.

Get complete and well-arranged business plan. Contact +2347063298784 or Email: info@allprojectmaterials.com. You also may request for a writing a good business plan.

CASSAVA FARM PRODUCTION BUSINESS PLAN AND FEASIBILITY STUDY FOR AKWA CROSS MULTIVENTURE LIMITED, AKWA

Blog Information

  • Type : Research Guides
  • Published by : All Project Materials
  • Date : March 20, 2023

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