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Detergent Production Business Plan In Nigeria Feasibility Study

Detergent Production Business Plan In Nigeria Feasibility Study

Executive Summary

1.0      The following report and recommendation relate to the proposal by q and q detergents to produce detergents that will have unusual packaging, detergents power as well as cheap and reliable detergents at Enugu.

  • The project would require a start-up capital of N1,124,000, made up of N682,000 for fixed assets and N442,000 for working capital.
  • The enterprise’s vision is to make innovative detergents to attract and maintain customers and service based company which exceeds customers expectation.
  • The project will be located at Lagos because of its easy access to target market from that location.
  • A huge market is available for the business to serve.
  • The financial projections show that the project would be financially stable and liquid by the time it matures. The sales figures stand at #917,100, #1,054,665, and N1,100,520 for year 1, year 2 and year 3 respectively. Also, direct cost of sales are N166,080, N174,388 and N182,692 for year 1, year 2 and year 3 respectively.
  • The competitive edge of the enterprise lies in its ability to compete with other detergent manufacturers.
  • The profitability measures are as shown below:

Year 1 Year 2 Year 3
Turnover 917,100 1,054,665 1,100,520
Return on sales 77.45% 93.42% 97.86%
Return on equity 1.42 1.43 1.63

 

detergent production business planHurry now, GET YOUR copy of the complete Detergent Production Business Plan. To place an order, pay N10,000 to

GTBank (Guaranty Trust Bank)
Account Name – Chudi-Oji Chukwuka
Account No – 0044157183

After paying for your Detergent Production Business Plan In Nigeria Feasibility, send your email and payment details to 08060565721.


2.0   INTRODUCTION

This document has been written to provide the reader with information about cutie ornamental suite including business structure, company goals, projected growth, venture capital requirements, start-up costs, an investment analysis and the industry trends.

Detergent is considered to be an important part of personal and home care product lines which is used daily by different homes.

The focus of q and q detergent company therefore is geared towards the manufacturing and production of innovative detergents that will meet the following functions;

  • Unusual packaging,
  • Detergent power
  • Cheap and reliable detergents

2.1 Vision

The objectives for the first three years of operation include:

  • To create a detergents manufacturing company whose primary goal is to exceed customer’s expectations.
  • To increase the number of designs offered by 8% per year.
  • To develop a profitable/sustainable home-based company.    

 

2.2 Mission

Q and Q detergent company’s’ mission is to make innovative process of detergents. It exists to attract and maintain customers. When adhering to this maxim, everything else will fall in to place. The services will exceed the expectations of our customers.

2.3 Keys to Success

The keys to success in the business are:

  • Superior Customer Service: high-quality hourly care and service.
  • Environment: provide a clean, upscale, enjoyable environment conducive to giving professional trusting service.
  • Convenience: offer clients a wide range of services in one environment.
  • Location: provide an easily accessible location for customer convenience.
  • Reputation: credibility, integrity, and 100% dedication.
  • Activities for year-round superior supplies
  • Facility designed to maintain quality products.
  • Seasoned management team.

2.4    Inherent Risks

  • Initial capitalization of the company to sustain operations through year one.
  • Low overhead through the use of multi-skilled employees and continual training (i.e., skill development classes).
  • Strong customer base through aggressive marketing.
  • Strong community ties and involvement with nonprofit organizations.

2.5 Company Ownership

Q and q Detergents Company is a private business owned by Mr. JA Kwashi. To achieve the visions, this suite seeks financial backing. The loans will be repaid from the cash flow of the business, and will be secured by the assets of the company, and backed by the character and experience.

2.6    Locational Factors

The q and q detergent company is based on Enugu. The reason for the choice of this location are:

  1. It is inhabited by persons who mostly value innovative detergent products
  2. There are more working class men and ladies who may need to keep their whites clean.
  3. There is high need of detergents in every family home
  4. Availability of cheap and reliable detergents
  5. Availability of various markets

 

3.0 Products and Services

Q and q detergent company produces detergents which takes the form of candle cleanser, abrasive cleansing preparation, antiseptic disinfectants bleach scouring compound soap, and liquid detergent washer. Which is aimed at providing adequate solution to cleansing of environment and washing of clothes.

 

4.0 Market Analysis Summary

Q and q Detergents Company will be focusing on two distinct groups of customers. One is the end consumer; the other is markets, to be used as a distribution channel. The end consumer will be interacting with the owner via his website as well as through personal contact at exhibitions/shows. The advertisements and promotion packages will also be met through the exhibitions and shows. At these events a long term relationship will be entered into so that the shops become a retail distribution channel for the washing detergents.  Additionally, q and q detergents will be traveling the country meeting with different other detergents manufacturers and setting up retailing relationships with them.

4.1 Market Segmentation

Q and q Detergents Company has two targeted groups of people, markets and individuals:

Markets; these people are very familiar with various other detergents in markets, they aid in sampling /selling these detergent products, they convince the costumers to buy these products.

Individuals; these are the end users of these products, who use the products and bring back reports on the good and bad of these products.

Hurry now, GET YOUR copy of the complete Detergent Production Business Plan. To place an order, pay N10,000 to

GTBank (Guaranty Trust Bank)
Account Name – Chudi-Oji Chukwuka
Account No – 0044157183

After paying for your Detergent Production Business Plan In Nigeria Feasibility, send your email and payment details to 08060565721.

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