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Soap Making Business Plan In Nigeria Feasibility Study


Business Plan for Soap Production In Nigeria

TABLE OF CONTENTS of the soap making business plan in Nigeria

Title Page – – – – – – – – – i
Table of Contents – – – – – – – – ii
Section One
Executive Summary

– – – – – – – 1
The Profitability Indicators as Extracted from the Projections
Embodied in this Plan – – – – – – 2
Conclusion and Recommendation – – – – – 2
Section Two
Marketing, Clients and Competitors – – – – – 3
Nature and Size of the Market – – – – – 3
Target Clients – – – – – – – – 3
Key Competitors and Players – – – – – – 3
Production Process Flow Chart – – – – – 3
Service Delivery – – – – – – – 4
Quality Assurance – – – – – – – 4
Demand/Supply Analysis – – – – – – 4
Technology – – – – – – – – 4
Competitive Edge – – – – – – – 4
Marketing Needs and Customer Dynamics – – – – 4
Section Three
3.0 Market Plan for the Soap production business plan – – – – – – – – 5
3.1 Marketing Plan to be adopted – – – – – – 5
Promotion and Distribution Strategy – – – – – 5
Alliances – – – – – – – – 5
Market Positioning – – – – – – – 5
3.5 Service Delivery Strategy – – – – – – 6
SWOT Analysis – – – – – – – 6
3.7 Projected Sales – – – – – – – 7
Section Four
Organization and Management for the Soap making business proposal – – – – – 8
4.1 Organizational Structure – – – – – – 8
Shareholders and Directors – – – – – – 8
Management Team – – – – – – – 8
External Support – – – – – – – 8
Personal Plan – – – – – – – – 9
Values and Norms of the Enterprise – – – – – 9
Section Five
5.0 Legal, Regulatory, Social and Environment Press for the soap making Biz plan – – – 10
5.1 Legal Issues – – – – – – – – 10
Regulatory Issues – – – – – – – 10
Social Issues – – – – – – – – 10
Environmental Issues – – – – – – 10
Section Six
Financial Plan for the Soap production feasibility study – – – – – – – 11
Project Cost – – – – – – – 11
Function Plan – – – – – – – 11
Funding Requirements – – – – – – 12
Soap Production Industries (Nigeria) Projected Income Statement – – 12
Soap Making Nigeria LTD (Nigeria) Projected Cash Flows Statements – 12
Soap Manufacturing Business Ventures (Nigeria) Project Balance Sheet – – – 13
Soap Making Ventures (Nigeria) Profitability Analysis – – – 14
Soap Manufacturing Ventures (Nigeria) Break Even Analysis – – 14
Section Seven
7.0 Risk Analysis, Contingency Plan and Exit Strategy – – – 16
7.1 Risk Analysis and Mitigants – – – – – – 16
Contingency Plan – – – – – – – 16
Exit Strategy – – – – – – – 17
Section Eight
8.0 Other Considerations: Conclusion/Recommendation – – 18
8.1 Economic Justification – – – – – – 18
8.2 Commercial Viability – – – – – – 18
Conclusion/Recommendation – – – – – 18
Appendices – – – – – – – – – 19

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SECTION ONE

EXECUTIVE SUMMARY for the soap making business plan

The following report and recommendations relate to the proposal by SOAP MAKING BUSINESS VENTURES (NIGERIA) to erect a soap making industry.

The proposal project will cost N5,655,000 (five million, six hundred and fifty five thousand naira) only, made up of N2,155,000 in fixed capital and N3.0 million in working capital.
Our vision is to play a highly significant role in the cleanliness and reduction of skin related diseases in Nigeria.

The proposed project will be sited at Onicha-uku, in Aniocha north Local Government Area of Delta State.
Based on our market survey, there is an already existing supply gap.

The financial projections reveal a good level of liquidity and stability. The projected turnover for 2015, 2016 and 2017 respectively is N7, 950,000 N11, 150,000, N14, 300.000. Operating profit in 2015 is N572, 500 increasing to N3, 304,500 in 2016 and 6,069,250 in 2017.

The funding requirement is N2, 655,000, as the promoters are coming N3, 000,000 to the project.
This project has been subjected to SWOT and Risk analysis and appropriate risk mitigates proffered.
The competitive edge is exploiting the already identified weaknesses of the key players (Dettol soap, Delta soup, Tetmosol, premier, etc).

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CONCLUSION AND RECOMMENDATION for the Soap Making Business Plan

Going by this analysis, the proposed project is found to be technically feasible, financially viable an economic desirable.
The project has a lot of goodies, thus, we approve it for funding and implementation.

SECTION TWO
MARKETING, CLIENTS AND COMPETITORS
NATURE AND SIZE OF THE MARKET for the soap making business plan / proposal

The demand for toilet soaps in Nigeria is wide and growing. It is needed in homes, schools, hospitals, hotels, restaurants, workshops/factories, commercial restrooms/lavatories etc.
We would be focusing on the South Eastern and South Southern, south southern part of Nigeria as our target market.

TARGET CLIENTS
They include: Distributors and dealers on toilet soaps, hotels, schools with hostels, families and guest houses etc. Soap production ventures, as cosmetic oriented people in the business will place our customers’ beauty and needs over our personal needs.

KEY COMPETITORS AND PLAYERS
Notwithstanding the appreciable soap industries in the south eastern and south southern Nigeria, most of them do not meet the required standard of toilet soaps and cannot match with the increase demand of the products.

Some of the key players in the business are Dettol soap manufactures- Reckitt Benckiser Nig. Ltd.

B-29 soap manufactures: Sinar Antiol Crop.
Jakarta
Galaxy beauty soap dealers: W.J Bush and Co (Nig) Ltd.

The presence of these key players will not pose any threat to Soapy ventures (Nigeria), as we are entering the market as a skilled, experienced and determined player.

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TO GET THE COMPLETE SOAP MAKING BUSINESS PLAN & FEASIBILITY REPORT (INCLUDING THE FINANCIAL PROJECTIONS AND ALL). Pay N10,000 to

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

After payment text your name, your e-mail address and bank teller number to 08060565721 and you’ll receive your SOAP PRODUCTION BUSINESS PLAN & FEASIBILITY STUDY PROPOSAL.


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