Leather Tanning Business Plan
According to the NTC boss, tannery remains one of the oldest industries in Nigeria. The leather industry has continued to generate employment for the old and the young, particularly, in the North-West part of Nigeria.
It is one of the enterprising ventures that have refused to go moribund, even in the face of the incessant refusal of the Federal Government to actualize its touted policies on the provision of the needed infrastructural facilities and social amenities.
It is also on record that Nigeria has top-grade hides and skin in the world—especially, the skin-red made from goats percent of the chemicals that constitute the body of the paint are extremely cheap. Findings revealed that in Kano, tannery remains the largest, and in fact, the most efficient industry, even though it is faced with enormous challenges just like every other sector of manufacturing.
The industry employs over 25,000 people directly; and thousands of Nigerian youths are engaged on a daily basis as ad-hoc workers. One major factor that makes the industry vibrant is the availability of the major raw materials—hides and skin, which are produced in large quantities, particularly, in the northern part of the country.
Also, the large supply of hides and skin from neighboring Niger Republic, Cameroon, and Chad and constant importation of semi-processed leather known as wet-blue from Senegal remain an added advantage to the industry in Nigeria. It is also on record that Nigeria produces and exports high-quality leather to Europe and other parts of the world.
Table of content
Executive Summary 4
Business Description 7
Products and Services 11
Market Analysis 13
Competitor Analysis 15
Sales and Marketing Plan 16
Operational Plan 22
Management Plan 25
Financial Plan and Projections 27
This business plan has been written to raise an N5, 000,000 funds for the scaling up project of our 18months old leather tanning company.
We are in need of some equipment and inventory which forms part of the financing to be used for PATILAD LEATHER TANNER, a sole proprietorship Leather tanning company.
The business will be owned by Dayo Adetiloye and will be located at 7 Tihaminu Street, Bakori Kastina State.
The owner’s initial equity will be N850, 000 (eight hundred and fifty thousand naira).
While showcasing the expected financials and operations over the next three years, this business plan x-rays our six months old company, what we have done, where we are, and what we projected to accomplish.
Our company, PATILAD is a unique Leather Tanning Company; utilizing the existence of the latest technology and facilities for the production and sale of high qualities goat, cow and sheep leather, hygienically produced under the best environment for maximum efficiency of our workforce.
Our products are produced to meet the ever-growing demand for high-quality grade leather that Nigeria is known for supplying both home and foreign-based leather products manufacturing companies.
Our tanned leathers come with a longer durability period compared to the average shelf-life our tanned leather producers here in Nigeria offer.
Products and Service
Our company is a creative and innovative fine leather tannery that customizes and makes leather-based on our customer’s needs.
Our Research and Development team are working ever hard to produce the next best thing.
Our products are made using FULL VEG, SEMI VEG, FULL CHROME, and SEMI CHROME in Cow Hides, Goat Skins, and sheep Skins. Each article is made based on the customer’s request.
Benefits of our products & Services
- High-quality products of international standard
- Varieties of products and its intended use
- Delivery for bulk purchases
- Prompt delivery services
- Excellent Customer Care Services
- Online access
- The loyal network of suppliers and distributors
PATILAD could point out to three as the major competitors in our target markets.
Our three major competitors for PATILAD Paints are Loquats Classic Ltd, Mamuda Groups, & Fata Tanning Group
PATILAD will establish its competitive edge through the expertise of its founders, a superior working environment, and improved modern technology.