Table of content
Executive Summary 4
Business Description 7
Products and Services 12
Market Analysis 13
Competitor Analysis 15
Sales and Marketing Plan 19
Operational Plan 25
Management Plan 27
Financial Plan and Projections 30
PATILAD Farm is a new farm that is involved in Production, sales and distribution of highly nutritious disease-free high-quality yam and other yam derivatives targeting consumers throughout the Nigerian federation and also the international market. We are located in Makurdi, Benue state.
PATILAD Farm is established as a limited liability company owned by Dayo Adetiloye, Adebayo Tijani, and other investors. The farm is managed and directed by Dayo Adetiloye, a veteran in the Agric. industry with 8 years’ experience and Adebayo Tijani, an experienced Agro-allied specialist with over 15 years’ experience.
Products and Services
PATILAD Farm will basically sell healthy, disease-free and highly nutritious yam tubers. Other products and services include seed yam, mini-sett, training and on-farm experience for would-be yam farmers, etc.
We produce, process and package to meet standard organization of Nigeria and international standard. We are concerned about providing products that suit the many uses of Yam either for edible or industrial uses.
Households demand for yam consumption is very high in Sub-Saharan Africa. The main forces driving the increased demand for yam and its derivative products in Nigeria include the increasing household consumption of yam due to increased income and increasing demand from the primary food processing industry (producers of yam flour and pounded yam flour).
Competitors for PATILAD Farm are mainly smallholder farms located in and around Benue state.
PATILAD Farm’s competitive edge includes the use of modern production techniques and equipment which turns out high-quality products, excellent customer service, the expertise of its founders, etc.
PATILAD Farm seeks N5 million in long-term financing to cover start-up costs, equipment, building expenses, and working capital.
Funding for the launch of the business is provided primarily by equity from the partners and investors.
The business will reach positive cash flow in its 10th month of operation, allowing for expedited repayment of its loan obligations, as well as for dividends to be paid to the owners. Revenue will top N42,422,250 and profit will reach about N5,989,526 in the 1st year of operation.