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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:

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