Plantain Chip Production Business Plan
Plantain Chips production business belongs to the Snacks Food Production industry and operators in this industry primarily produce snack foods such as potato chips, popcorn, roasted and salted cashew nuts, coconut chips and other related snacks.
Most players in this industry oftentimes do not produce cookies, crackers, bakery products, cereal or pasta, fried yams, fried dodo and likes, which are generally served hot, either soft or crispy, and are usually eaten as part of lunch or dinner or by themselves as a snack, and they generally appear on the menus of fast-food restaurants or in shelves in supermarkets.
A close watch of events in the Snack Food Production industry reveals that the industry has profited from increased demand over the last half a decade. As the economy experience grew, discretionary income levels also experience upward movement. Hence, renewed consumer spending has increased sales of plantain chips, cassava fries along with nuts and seeds.
Table of content
Executive Summary 3
Business Description 9
Products and Services 9
Competitor Advantage 12
Market Research 15
Competitor Analysis 15
Sales and Marketing Plan 15
Operational Plan 17
Business Risk 20
Management Structure 20
Financial Plan and Projections 21
PATILAD Plantain Chips is a standard and registered plantain chips production company that will be located in Ibafo – Ogun State (a 20minute drive to the capital of Lagos State) but hope to establish a robust distribution network all across Nigeria. We are at the final stage of leasing a facility that is spacious enough to handle the kind of potato chips production company that we intend launching and the facility is located in between Hi-impact amusement pack and Emmanuel park at Car park C Area of Mowe.
PATILAD Plantain Chips will be involved in the production, packaging and distribution of plantain chips. Our plan is to build our brand to become a household name all across Nigeria. We want our plantain chips to be found in supermarkets and stores all across Nigeria.
We are aware that there are several large and small scale plantain chips production business scattered all around, which is why we spent time and resources to conduct our feasibility studies and market survey so as to offer much more than our competitors will be offering. We have delivery service options for our customers, and our outlet is well secured with the various payment options. We have secured deals with traffic hawkers all around busy traffic sites in Lagos
PATILAD Plantain Chips will ensure that all our customers are given first-class treatment whenever they visit any of our chains of outlets. We have a CRM software that will enable us to manage a one on one relationship with our customers no matter how large the numbers of our customers’ base may grow to. We will ensure that we get our customers involved when making some business decisions that directly affect them.
PATILAD Plantain Chips will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely. We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our clients.
PATILAD Plantain Chips is a family business that is owned by Patrick Dayo Adetiloye and his immediate family members. Patrick is a food snack expert; he has a B.Sc. in Food Science and a Masters in Business Administration, with well over 10 years of hands-on experience in the snacks production industry, and worked with some of the leading brands in Nigeria. Although the business is launching out with a distribution network around Lagos, Ibadan and Ogun State there is a plan to expand to other states in a very short while.