free business plan for garri processing

Garri Processing Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » Agriculture Sector » Agro Processing

Are you about starting a garri processing company? If YES, here is a complete sample garri processing business plan template & feasibility report you can use for FREE .

Okay, so we have considered all the requirements for starting a garri processing business. We also took it further by analyzing and drafting a sample garri processing marketing plan template backed up by actionable guerrilla marketing ideas for garri processing businesses. So let’s proceed to the business planning section.

Garri is one of the most staple Nigerian diets because not only is it cheap, but it is easy to make and can be taken in majorly two ways that are fast to prepare. Those in the garri business know that this is the fastest way to make money especially in the agro processing industry.

While the business is one guaranteed to bring a lot of money for any entrepreneur, it is however not an easy business and is highly capital and labor intensive. To start this business, you would require previous experience in the field or simply carry out a thorough research that will enable you know what is needed in the course of starting and running the business.

If you do not have an inkling of how a business plan is written. That is fine because you can use an existing template to start working on yours. Below is a sample garri processing business plan that should aid you in writing your own business plan;

A Sample Garri Processing Business Plan Template

1. industry overview.

Cassava, the raw material used to make garri is a source of food to nearly three quarter of the world population. The crop is regarded as a staple diet in most developing countries in the world, and is ranked the third after rice and maize. Cassava is popular because it can grow even the poorest conditions (poor soil and inadequate rainfall).

Nigeria is the largest producer of Cassava in Africa; producing over 41 million metric tons per annum, followed closely by the Democratic Republic of Congo. Most Cassava used in Nigeria are grown in the Southern parts of the country (South West, South- south, and South East) and in the Middle Belt and are mostly used to meet domestic demands within the country.

Globally however, Thailand is the largest producer of this crop as they produce and export cassava products worth over $20 billion annually.

This therefore makes Garri one of the major products from processed cassava the staple food for almost all Nigerians, as about 75% of Cassava is processed into Garri. According to statistics, about 130 million people – both in rural and urban areas – consume 12 million tons of garri annually.

This is the reason why most entrepreneurs are going into the garri processing business especially as this product is recession proof. The recent economic downturn in the country has seen more and more people turning to Garri.

According to reports, any entrepreneur going into this business will make immense profit, as the reports show that demand for this product is not only stable but increasing even though there are few close alternatives to Garri.

Garri can be consumed in two ways – the cold process and the hot process, and while there is no substitute for the garri consumed via the cold process method, the few substitutes available for garri taken during the hot process are expensive, which leaves consumers with no alternative than to stick to garri.

Also, another factor in favor of the garri demand is the growth the population which has pushed the demand for garri and has also caused more garri processing businesses to crop up to be able to meet the growing demand.

2. Executive Summary

Koko Quality Garri Processing Ventures is a business that has been registered under the Corporate Affairs Commission (CAC) and also legally licensed by the National Agency for Food Drug Administration and Control (NAFDAC) here in Ogun State. We have also acquired the necessary licenses needed to run a plant without running afoul of the law here in Ogun State.

Our aim of starting this business is to ensure that our clients both domestic and international get processed garri of the finest quality. We intend to process for sale white garri (Ijebu and normal) and yellow garri so as to be able to cater to our teeming customers.

We know how vital it is to be located in a place that is convenient for both our customers and employees. Our garri processing plant therefore is located in a conspicuous area and close to the road, which makes the location very strategic for our suppliers and distributors as well as our customers.

This fact alone we know is enough to make us become the leading brand that we hope to become in the industry. Due to our desire to attain and retain the leadership position amongst our peers in the industry, we intend to pursue excellence both in the processing and delivery of our processed garri to customers.

Due to this fact we intend to hire and train only the best employees who will be able to deliver our vision and communicate our brand to our existing and potential customers.

We also know how valuable our customers are to us and so we intend to treat them right by offering them excellent customer service of a standard never seen before in this industry. Our clients will be able to reach us physically and even online as we will be available through all avenues to be able to attend to their inquiries, orders, suggestions and complaints.

Koko Quality Garri Processing Venture is owned and managed by Alhaji Taofeek Lateef with input from several member of his extended family. Alhaji Taofeek Lateef will be involved in the day to day operation of the garri processing plant.

Alhaji Taofeek Lateef has a B. Sc in Agric Economics from the University of Ilorin and is presently running an MBA from the University of Ibadan. He has vast experience in the agro processing industry and will therefore bring his knowledge to bear in this business.

3. Our Products and Services

Koko Quality Garri Ventures is a business that has been licensed by the National Agency for Food Drug Administration and Control to process garri that will be used in households as well as in commercial places.

We have also registered with the Corporate Affairs Commission and have fulfilled all other necessary obligations that will enable us make profit and grow as a business. Some of the products and services we intend to indulge in as a business includes;

• White garri (Ijebu and normal)
• Yellow garri
• Consultancy Services
• Training and Coaching

4. Our Mission and Vision Statement

• Our vision is to be the preferable garri for customers in Ijebu, Ogun and the whole of Nigeria as well.
• Our mission is to ensure we process garri of the highest quality using the best machines and resources. We also intend to ensure that our processed garri does not only meet the needs of our household clients but become a profitable business for our partners and distributors.

Our Business Structure

Knowing how our vision is to be the most preferable garri for our customers, we have decided to ensure that we draft a business structure that will allow us not only achieve all our intended goals and objectives but also enable us build a solid business foundation as well.

One of our top priorities is to ensure that we hire the best professional hands that have the required necessary experience, are dedicated and that will ensure that the business runs smoothly. We intend to ensure that our employees get the best training obtainable in this industry and also have welfare packages that will place our companies as one of the best places to work in.

We also intend to provide excellent customer service by hiring those with the experience of handling customer orders and complaints efficiently. We know how important it is to get the right fit for this task as they will be communicating and representing the brand to our various customers.

Those we intend to employ to handle various tasks with assigned roles and responsibilities for the growth of Koko Quality Garri Ventures include;

Managing Director

Admin Manager

Marketing and Sales Executive

Purchasing Manager

Accountant/Cashier

Store Manager

Front Desk Officer

Security Guard

5. Job Roles and Responsibilities

• Makes strategic decision on behalf of the company and ensure its implementation
• Represents the company especially in areas of contracts and negotiation with high level clients
•  Controls overall resources and expenditures
• Ensure that the business is financially secured
• See to the day-to-day running of the business
• Handles the sourcing and recruitment of able hands to run the business
• Communicates the vision and corporate culture of the business to employees
• Sees to the welfare and promotion of employees
• Create a workable marketing strategy and plan for Koko garri business
• Develop a workable budget in collaboration with the Managing Director and Accountant
• Responsible for using conventional and non-conventional means to attract clients
• Carry out market research so as to have a better understanding of the target market
• Sources for reliable vendors and suppliers for the business
• Prepare purchase orders and requisitions on behalf of the company to suppliers and vendors
• Maintain accurate report of goods ordered for and those received
• Develop a workable budget for the purchasing department in collaboration with the Managing Director and Accountant
• Carry out a thorough analysis of the income and expenditure of the business
• Works with the Managing Director to prepare a workable budget for the business
• Resolve discrepancies that have occurred by reconciling bank statement with cash statement
• Work with the purchasing manager and offer advices and suggestions where necessary
• In charge of store and inventory by keeping an accurate logbook detailing stock levels
• Ensures that the store is conducive and well maintained
• Ensures that the racks and shelves are stocked properly so that products do not fall off unnecessarily
• Ensures that the store is well secured to prevent theft
• Promptly answers phone calls of customers either for orders or inquiries
• Responsible for scheduling necessary appointments
• Ensures that guests sign in and out so as to verify their identity
• Acts as a liaison between management staffs and clients
• Responsible for securing the premises and properties of Koko quality garri processing venture
• Prevent any security related incident from occurring especially within official premises
• Report any suspicious activity to the relevant department
• Be alert at all times especially at entry and exit points within the premises
• Ensure that the premises is kept clean at all times
• Ensure that the restrooms are clean for staff and customers
• Replenish restroom with necessary facilities
• Report broken or spoilt facilities to management
• Ensure that the products are transported and delivered to its proper destination
• Keep detailed records by maintaining a log book recording distance traveled and fuel consumed
• Ensure that van is in good shape to take the journey
• Carry out regular maintenance and light repairs on the delivery van

6. SWOT Analysis

Even though garri might be a very popular food taken by almost anyone, starting the business and becoming profitable is another ball game altogether, as this is a business that is both capital and labor intensive. Since we have the required cash in starting and operating the business, we also intend to hire the best hands that will help run the business profitably.

However, just like any business out there, we know that we have certain strengths that will ensure we become industry leaders, and several weaknesses that we would need to work on if we intend to become successful.

To this end, we hired a reputable business consultancy firm to carry out a critical examination and help us identify these traits (strengths, weaknesses, opportunities and threats) so that we might avoid certain pitfalls as a young business. Below is a of the critical SWOT analysis that was done on behalf of Koko Quality Garri Processing Ventures;

Our location in Ijebu, Ogun State is one of our greatest strengths as it means we are close to mega cities like Lagos State which is a thriving market, as well as other important states.

While most garri processing businesses focus on producing only Ijebu garri or plain white garri, we are going a step further to ensure we produce yellow garri as well, this action alone has attracted more customers to our business and give us leverage over our competitors in the same industry.

Also, in addition to our products, we offer training and consultancy services for small scale start-ups. Our other strengths lie in the fact that we have employed the best hands in the industry, who not only understand the garri business perfectly but also understand our vision and working towards it as well.

Our perceived weakness stems from the fact that we are operating in just one location which will seriously limit our vision of supplying to our target markets all over Nigeria. However, we are determined not to see this as a business, as we intend to expand as soon as we have begun making profit and are stable enough.

• Opportunities

Due to the fact that we are amongst the first garri processing businesses to offer more than white garri, this has cemented our role in front and has led to many start-ups requiring trainings from us, which will help boost our revenue base, especially as most of them are not close competitors.

This has also led us to consider the benefits franchising might bring to us in the near future, should we continue getting requests such as these.

Our threats are not really that significant, as there are really no government policies or economic downturn to worry about, but like every business, we take all threats seriously, and intend to act proactively to reduce or eliminate the threat.

The threat facing our business will be from having a strong competitor operating same products from around the same location.

7. MARKET ANALYSIS

• Market Trends

Garri is one of Nigeria’s staple diets and is taken in every home. If you intend starting your own garri processing business, then you will need a land where you will not only install your facility, but it must also be near as possible to your source of raw materials – which for this instance is the cassava farm.

This will help decrease the costs that will be spent on transporting your necessary raw materials from a very far location. Also, you would need to ensure that your facility is hygienic as well as conducive enough for your employees as well as the clients that would want to visit for business purposes.

A trend in the business is having several storage facilities in strategic locations all around Ogun State and Nigeria in general; this is so as to be close to customers, increase awareness about the brand and also increase patronage for the business, thereby boosting revenue.

8. Our Target Market

The target market for garri is very huge as almost every home and everyone takes this product. However, more people are likely to take one color of garri than the other depending on their location. We intend to carry out a thorough market survey that will allow us determine the quantity that would be needed to be processed for each color of garri.

Even though almost everyone takes garri in one form or the other, we are still required to market our product so as to become a preferable brand to our customers, either existing or potential. Our target market includes; households, schools, restaurants, hotels, caterers, students, single males and females.

Our Competitive Advantage

Every business that is established with the intention of making profit and intends to compete favorably with others in the industry knows that it needs to draft competitive advantage strategies that will enable it to have an upper hand over other businesses in the same industry.

Having a competitive advantage means knowing what aspects of our business are our strengths and would give us the needed advantage we would need.

One of our major competitive advantages is in our hiring or the best professionals in the industry who understands the garri processing business and has keyed into our vision of becoming the best in the agro processing industry. Our professionals will work in the best environment and have enviable welfare packages.

Also, we intend to constantly train our professionals so that their skills can be enhanced which will invariably lead to higher productivity that will be beneficial to the company in the long run. Our excellent customer service is one of our primary strength that will ensure we have competitive advantage over our competitors.

It is a well known fact that most Nigerian businesses do not invest in their customer service. However, we at Koko quality garri processing ventures know that a good customer service will increase the retention rate for our company by over 80%.

Our customer service executives are the best in the field and have a vast knowledge of garri and so will be able to inform customers, attend to requests, orders and complaints promptly and efficiently.

We intend to participate in community programs and school events as a way of getting close to our customers. We know that once customers identify with our efforts at integrating into the community through social participations, then patronage towards our business will increase.

Lastly, we intend to effectively deploy the use of the internet by using our websites and social media platforms to give customers tips and engage our customers in discourse that will further better our industry and even our customers as well.

9. SALES AND MARKETING STRATEGY

• Sources of Income

Koko Quality Garri Ventures like any other business is established with the aim of making profit. However, our profit generation will not only come from one source as we intend to exploit other different means so as to increase the revenue base of our company.

Our main focus while diversifying will still be garri processing. Koko Quality Garri Ventures intends to generate income from the following sources;

• Sale of processed white garri (Ijebu and normal)
• Sale of processed yellow garri

10. Sales Forecast

While garri might be a staple diet taken by almost everyone, we are however aware of the fact that everyone cannot buy from one source, this does not mean that there aren’t garri processing businesses that have a large share of the market than others.

These businesses have certain factors going for them, chief of which is location. We therefore after having carried out various feasibility studies, have seen that our location is favorably suited to increase our sales.

Another factor in our favor is the fact that most garri processing businesses in Ogun State and around process only white garri (Ijebu and normal) which limits them to just certain segments of the market. However, our additional product (yellow garri) is guaranteed to not only enlarge our revenue base but also ensure we make enough profit to run our business without external injection of funds in the first three months.

Our sales forecast was carried out critically by a reputable business consultant that was hired for this purpose. The sales forecast is based on information gathered from other already established business and start-ups both in the garri processing industry in Ijebu, Ogun State.

Based on location, the sales projection for Koko Quality Garri Processing Ventures is stated below:

• First Fiscal Year-: N5,500,000
• Second Fiscal Year-: N9,000,000
• Third Fiscal Year-: N16, 000,000

N.B: The above sales projection is totally in line with what is obtainable in the industry. The projections are also based on the fact that all factors that were considered during the analysis remain constant – such as the economy, lack of strong substitutes, and the arrival of no major competitors. Also, it is worthy to note that at any given point in time, the above projections might be higher or lower.

• Marketing Strategy and Sales Strategy

Marketing is a very important aspect of any business, for without marketing a business can fail. Marketing has a double advantage as it not only generates revenue for the company but also ensures that awareness is created for the company directly or indirectly.

It is therefore important that marketing strategies be drafted before a business becomes operational. During the course of running the business, these strategies would need to be constantly monitored and reviewed, with the less effective strategies being dropped or modified by the Managing Director in collaboration with the marketing and sales team for the growth of the business.

At Koko Quality Garri Ventures, we intend to ensure that we adopt several marketing strategies towards ensuring that our existing customers are aware of our drive towards success. Also, our sales strategies will be done in such a way as to ensure we penetrate the market, therefore creating a wider reach.

To achieve this, we intend to ensure that we develop just the right strategies that will not only keep our loyal customers glued to us but also attract new customers as well. Some of the marketing sales strategies that we intend to use are:

• Place adverts in local newspapers as well as in local radio stations about our garri
• Visit markets and introduce Koko quality garri to garri traders (wholesalers and retailers)
• Throw a unique opening launch party that will attract interest
• Use our official website to vigorously promote our garri processing business
• Empower our marketing and sales team to positively push and better communicate our brand to customers
• Create unique and engaging handbills and distribute them in strategic locations
• Engage in one on one marketing
• Encourage our loyal customers to refer us to others
• Mae use of our social media platforms to promote our products and services

11. Publicity and Advertising Strategy

Due to the fact that almost everyone takes garri, there have sprung up many garri processing businesses all striving to get a share of the market.

Even though we believe that our products and services are uniquely different from that of our competitors, we still believe that we would need an intense publicity so as to ensure increased customer awareness and also increase our earnings therefore solidifying our spot amongst the leading brands in this industry.

We know how important it is however for us to ensure that we are well known in Ijebu, Ogun State before spreading our wings and expanding to other states and invariably, the whole of Nigeria.

Therefore, most of our publicity and advertising strategies would first be focused on Ogun State where we not only intend to increase awareness about our products and services to existing and potential customers but also ensure that our activities leave our business etched in the mind of the public.

Some of the platforms we intend to use in publicizing and advertising our garri processing business include;

• Using our van in road shows to tell people in targeted areas about our products and services
• Placing adverts in local newspapers and on radio stations
• Distributing fliers and legally posting same in strategic points
• Sponsoring school and community relevant activities
• Creating a website and using the platform to increase awareness of our existence
• Using social media platforms such as Facebook to promote our products and services as well as engage our audience
• Use recognized holidays to organize socially relevant programs
• Ensure that all our staff wear customized tee shirts that will allow customers know of our business
• Create a unique logo and slogan that can be easily remembered by existing and even potential clients

12. Our Pricing Strategy

Setting the right price for a product is very important as this can either draw more customers to one’s business or make them go to over to competition instead.

Garri is priced depending on the quantity that is bought by the customer. We intend to have different pricing options for our bulk buyers and our normal buyers. We do not intend to charge higher than what our competitors are currently offering neither do we intend to charge too low so as not to cause an unnecessary price war.

Our pricing will also be done in such a way that all our costs – overhead and running expenses – are adequately covered, so that we do not run at a loss. We would however consider selling a bit lower than current market price in our first few months of operation, so as to attract more customers to our business.

• Payment Options

At Koko Quality Garri Venture, we intend to ensure that we have a payment policy that caters to all our different customers regardless of the category. Our payment options are in line with the financial regulations of the Ogun State government and that of Nigeria as a whole.

The payment options that we intend to make available to our teeming customers include;

• Payment via Point of Sale (POS) Machine
• Payment via Cheques
• Payment via Cash
• Payment via Bank Transfer
• Payment via Bank Draft

Because we always have the convenience of our customers in mind, we have carefully chosen platforms with our ban which has a great reputation that will ensure that our products and services are paid for without stress to either us or our customers.

13. Startup Expenditure (Budget)

Setting a budget before a business becomes operational is very vital. The budget allows an entrepreneur know what exactly would be required for the business to become successful and where to allocate resources to.

While it might be in one’s favor to find out what the general start-up budget is for this kind of businesses, it is also pertinent to note that our own budget might eventually be lower or higher depending on several factors such as location, existing government policies and economic conditions.

However, since our intention is to start on with low costs when necessary, we intend to ensure that some of the equipment we would need to use are gotten at fairly used. We do not intend to get the main processor as fairly used as we want something that would last us for a very long time.

Some of the requirements we would need to fulfill in order to successfully start our garri processing business are;

• Fees for incorporation and other legal requirements – N100,000
• Obtaining of licenses and permits as well as accounting software – N150,000
• Insurance coverage (general liability, property insurance and workers’ compensation) – N50,000
• Facility rent for a year and renovation – N350,000
• Operational cost for at least three months (employees’ salary, bills payments) – N250,000
• Cost of purchasing and installing garri processing equipment – N3,000,000
• Cost for start-up inventory (Cassava, Palm Oil) – N800,000
• Cost of storage facilities (racks, ventilation) – N100,000
• Cost of hiring business consultant – N50,000
• Cost of fairly used distribution van – N800,000
• Other start-up expenses (furniture, phone, computer, printers, stationeries) – N200,000
• Marketing budget (for promoting launch activities and the business generally for at least a year) – N150,000
• Cost of launching a website – N30,000
• Cost of garri processing plant launch – N50,000
• Miscellaneous – N50,000

Based on the above estimate, we would require at least N3.2 million in order to successfully start and run a standard garri processing plant in Ijebu, Ogun State. The amount accounts for all expenses for at least three months to a year, which includes employee’s salaries and other operating expenses.

Generating Funding/Startup Capital for Koko Quality Garri Processing Business

Having the required start-up capital for any business you intend starting is very essential. Any entrepreneur who does not have the capital necessary to start a business might see his business idea remaining just a dream and not becoming a reality.

The necessity of having finance is also necessary so that the business can run smoothly, and generate enough money to fully run itself.

Koko Quality Garri Ventures is a business owned by the Lateef family, an entrepreneurial family with businesses in various industries. This has always been regarded as one family business that do not intend to source for external investors. However, due to growth and expansion plans, we intend sourcing for capital from just two sources.

The areas which we intend to source for start-up capital for our business includes;

• Sourcing for loans from family members
• Sourcing for loans from Micro-finance bank

N.B: Having been able to generate N3.2 million from family members, we were able to get approval for the sum of N3,000,00 from a reputable micro-finance bank with a good interest rate and repayment option that will not stifle the growth or our business.

14. Sustainability and Expansion Strategy

Every established business’ aim is to make enough profit that will sustain the company and also ensure that growth and expansion takes place. However, before we can make this profit, we know that certain factors need to be in place to ensure that we have a chance at sustainability.

The reason why most businesses exist is because of its customers, as without having any customers, one’s business might not only remain stagnant but fail in the end, because customers inject money into the business that will keep it running.

Due to this fact, we intend to ensure that we treat our customers right by ensuring we promptly attend to their requests, orders and complaints. We also intend to ensure that our loyal customers and those who refer us are given discounts on certain quantity of garri they buy from us.

Having customers isn’t enough, but hiring the right people into the right positions is also paramount to us. Our employees will not only be professionals with vast experience, we also intend to ensure that they have the best welfare package necessary to improve their productivity, and also the best training to enhance their skills and make them better than their peers in the same industry.

Aside having the required start-up capital necessary to start the business, we know that if the above factors are correctly done, we will be successful at not only sustaining the business and also expanding the business in the long run as well.

Check List/Milestone

• Business Name Availability Check:>Completed
• Business Registration: Completed
• Opening of Corporate Bank Accounts: Completed
• Securing Point of Sales (POS) Machines: Completed
• Opening Mobile Money Accounts: Completed
• Opening Online Payment Platforms: Completed
• Application and Obtaining Tax Payer’s ID: In Progress
• Application for business license and permit: Completed
• Purchase of Insurance for the Business: Completed
• Conducting Feasibility Studies: Completed
• Generating capital from family members: Completed
• Applications for Loan from the bank: In Progress
• writing of business plan: Completed
• Drafting of Employee’s Handbook: Completed
• Drafting of Contract Documents and other relevant Legal Documents: In Progress
• Design of The Company’s Logo: Completed
• Graphic Designs and Printing of Packaging Marketing / Promotional Materials: In Progress
• Recruitment of employees: In Progress
• Creating Official Website for the Company: In Progress
• Creating Awareness for the business both online and around the community: In Progress
• Health and Safety and Fire Safety Arrangement (License): Secured
• Opening party / launching party planning: In Progress
• Establishing business relationship with vendors – wholesale suppliers / merchants: In Progress
• Purchase of trucks: Completed

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Garri Processing Business Plan Template

Explore Options to Get a Business Plan.

Are you interested in starting your own Garri Processing Business?

Introduction

Global market size, target market, business model, competitive landscape, legal and regulatory requirements, financing options, marketing and sales strategies, operations and logistics, human resources & management.

Sample Garri Processing Plant Business Plan

• August 25, 2023

GARRI PROCESSING BUSINESS PLAN SAMPLE

First and foremost, you should be aware that Garri is one of the most essential Nigeria diets because not only is it less expensive or cheap irrespective of the economy situation of this country, but it is easy to make and can be taken in majorly two ways that are fast to prepare.

Are you planning on starting a Garri processing business? I already have it prepared for you so you don’t need to search any longer for any Garri processing feasibility study.

Those in the Garri business know that this is the quickest way to make money especially in the agro processing industry. Here us a Garri processing business plan sample for your guide.

Here is a sample business plan for starting a Garri processing plant.

BUSINESS NAME: Johnson Quality Garri Processing Ventures

Table of Content

• Executive Summary
• Vision Statement
• Mission Statement
• Business Structure
• Products and Services
• Market Analysis
• Target Market
• Sales and Marketing Strategy
• Financial Plan
• Sales forecast

PROPOSAL FOR PRODUCTION OF GARRI – SETTING UP A PROCESSING PLANT

EXECUTIVE SUMMARY

Johnson Quality Garri Processing Ventures is a business that has been registered under the Corporate Affairs Commission (CAC) and also legally licensed by the National Agency for Food Drug Administration and Control (NAFDAC) here in Edo State. We have also acquired the necessary licenses needed to run a plant without running afoul of the law here in Edo State.

Our aim of starting this business is to ensure that our clients both domestic and international get processed garri of the finest quality. We intend to process for sale white garri and yellow garri so as to be able to cater to our teeming customers.

We know how important it is to be located in a place that is convenient most especially in terms of proximity for both our customers and employees. Our garri processing business/plant is therefore located in a conspicuous area and close to the road, which makes the location very strategic for our suppliers and distributors as well as our customers.

We also know how valuable our customers are to us and so we intend to treat them right by offering them excellent customer service of a standard never seen before in this industry.

Our client will be able to reach us physically and even online as we will be available through all venues to be able to attend to their inquiries, orders, suggestions and complaints.

Johnson Quality Garri Processing Ventures is owned and managed by Dr. Wilson John Mathew has a B.sc in Agric Extension from the University of Kwara state and his presently running an MBA from the University of Jos. He has vast experience in the agro processing industry and will therefore bring his knowledge to bear in this lucrative business.

VISION STATEMENT

Our vision is to be the preferable garri for customers in Opkella, Edo and the whole of Nigeria as well to meet their demand.

MISSION STATEMENT

Our mission is to ensure we process Garri of the highest quality using the best machines or tools and resources. We also intend to ensure that our processed garri does not only meet the needs of our house hold clients but become a profitable business for our partners and distributors .

BUSINESS STRUCTURE

Knowing how our vision is to be the most preferable garri for our customers, we have decided to ensure that we draft a business structure that will allow us not only achieve all our intended goals and objectives but also enable us build a solid business foundation as well.

One of our top priorities is to ensure that we hire the best professional hands that have the required necessary experience, are dedicated and that will ensure that the business runs smoothly.

Those we intend to employ to handle various tasks with assigned roles and responsibilities for the growth of Johnson Quality Garri Ventures include:

• Managing Director • Admin Manager • Marketing and Sales Executives • Purchasing Manager • Accountant/Cashier • Store Manager • Front Desk Office • Security Guard • Cleaner • Van Driver

PRODUCTS AND SERVICES

Johnson Quality Garri Venture is a business that has been licensed by the National Agency for Food Drug Administration and Control to process garri that will be used in households as well as in commercial places.

We have also registered with the Corporate Affairs Commission and have fulfilled all other necessary obligations that will enable us make profit and grow as a business.

Some of the products and services we intend to indulge in as a business includes;

• White Garri • Yellow Garri • Consultancy Services • Training and Coaching

MARKET ANALYSIS

• Market Trends

Garri is one of Nigeria’s staple/essential diets and is taken in every home. If you intend starting your own garri processing business, then you will need a land where you will not only install your facility, but it must also be near as possible to your source of raw materials

A second trend in the business is having several storage facilities in strategic locations all around Edo State and Nigeria in general, this is so as to be close to customers, increase awareness about the brand and also increase patronage for the business, thereby boosting revenue.

TARGET MARKET

The target market for Garri is very huge as almost every home and everyone takes this product. However, more people are likely to take one color of garri than the other depending on their location. We intend to carry out a thorough market survey that will allow us determine the quantity that would be needed to be processed for each color of garri.

Even though almost everyone takes garri in one form or the other, we are still required to market our product so as to become a preferable brand to our customers, either existing or potential.

Our target market includes;

• Households • Schools • Restaurants • Hotels • Students • Single males and females.

SALES AND MARKETING STRATEGY

At Johnson Quality Garri Ventures, we intend to ensure that we adopt several marketing strategies towards ensuring that our existing customers are aware of our drive towards success. Also, our sales strategies will be done in such a way as to ensure we penetrate the market, therefore creating a wide reach.

FINANCIAL PLAN Pricing strategy

Setting the right price for a product is very important as this can either draw more customers to ones business or make them go to over to competition instead.

Garri is priced depending on the quantity that is bought by the customer. We intend to have different pricing options for our bulk buyers and normal buyers.

Payment Options

At Johnson Quality Garri Ventures, we intend to ensure that we have a payment policy that caters to all our different customers regardless of the category. Our payment options are in line with financial regulations of the Edo State government and that of Nigeria as a whole.

The payment options we intend to make available to our teeming customers include:

• Payment via point of Sale (POS) machine • Payment via Cheques • Payment via Cash • Payment via Bank Transfer • Payment via Bank Draft

Startup Costs

Total sum of estimated amount of ₦3,200,000 (₦3.2 million) will be needed to start – up our Johnson Quality Garri Venture business (including the salary of our employees for the first three months).

Sources of Capital

₦1,600,000 of the total startup cost will be generated by the Johnson (from their personal savings and investments).

The other part will be gotten by securing a loan from the family bank as well as obtaining soft loans from friends and relatives.

SALES FORECAST

Haven carried out a feasibility and viability study and a market survey, we have been able to make a sales forecast for our Johnson Quality Garri Business for the next few years.

For the first three years, the following is the estimate of what we stand to realized:

• First Fiscal Year: ₦5,500,000 • Second Fiscal Year: ₦9,000,000 • Third Fiscal Year: ₦16,000,000

N.B: The above sales projection is totally in line with what is obtainable in the industry.

The projections are also based on the fact that all factors that were considered during the analysis for this Garri processing business plan remain constant – such as the economy, lack of strong substitutes, and the arrival of no major competitors.

GARRI PROCESSING BUSINESS PROPOSAL SAMPLE + FEASIBILITY STUDY

Are you looking for a feasibility study on garri processing? Do you need a sample garri production business proposal template that attract funding?

INTRODUCTION

There is no doubt that one of the biggest problems confronting our nation today is unemployment. It is the root cause of poverty, youth restiveness, gangstarism, bank robbery, outlandish assassinations, lawlessness, kidnapping and all sorts of deviant behaviours.

The number of unemployed youths is mind-boggling and among them are over five million young boys and girls with NYSC discharge certificates roaming about the nooks and crannies of the country searching for jobs that do not exist.

The situation is not totally hopeless because governments, communities and civil society organizations are coming up with strategies that can alleviate poverty and empower rural folks by creating wealth. Some of them are Improved Gari Production Plants, Cottage Industries, and Entrepreneurship etc.

Business ideas on cassava processing 

We encourage state governments, Local Governments, Community Development Bodies and others to join in the task of creating jobs by establishing and expanding projects in their localities that will use local raw materials in creating wealth and jobs.

Cassava is God’s gift to the tropics because it can grow in poor soil with inadequate rainfall. The starchy roots of cassava are major source of food for more than 700 million people all over the world. It ranks third in order of staple food crops in developing countries after rice and maize. It is called Manic in French, Tapioca in Latin America, Mandioca in Portuguese and Yucca in Spanish. It has universal applications.

Nigeria is the world largest producer of Cassava. We produce over 41 million metric tones per annum and we are followed by Brazil, Thailand, Zaire (now Democratic Republic of Congo), and Indonesia. Thailand does the largest global business in cassava because it is not part of their food security. They export over $20 billion worth of cassava products annually.

Nigeria has tried to expand the local cassava business through the Composite Flour Initiative and the Cassava Empowerment Fund but so far, they have attained little or no success. Cassava is produced in all the Southern and Middle Belt States of Nigeria.

It is produced from Cassava Tubers and is the commonest stable food in Nigeria consumed by over 130 million people. We consume about 7.7 million tons of gari per year and it comes to about 30.7 million tons of our cassava production.

This shows that about 75 percent of our cassava out put is consumed as staple while only 25 percent is used as raw materials for starch, chips, pellets and flour which are industrial raw materials that can be exported. Our actual annual demand for gari is 12 million tons but to accomplish this, the production facilities must be improved and up graded and Cassava Product must also improve.

Our population grows at the rate of 3.5 percent annually and this means that the food capacity must also grow commensurately. Gari is produced in the rural areas by local women and the process is full of drudgery and stress thus most of them are giving up the trade and the younger ones are not interested because they prefer life in the cities. The modern Gari Processing Plant is designed to fill this void.

4. EQUIPMENT AND PRICE

The heart of this Modern Gari Processing Plant is the Roasting or Frying Pot which is made of Stainless Steel and insulated with fiberglass to absorb heat from the fire. It is powered by 2HP gear motor that rotates the paddles that continuously turn the frying gari mash. The full lists of the equipment are:

1 (NO) Stainless Steel; HAMMER Mill with 15 HP Electric Motor Capacity – 1 ton / hr. 4 (NO) Fermentation Racks 4 (NO) Hydraulic Jack (Mechanical) Press Capacity 1 ton / hr. 1 (no) Stainless CAKE Granulator with 7.5 HP, Motor, 1 ton / hr. 2 (NO) Gari Roasting / frying Pot with 2 HP Gear Motor, Exhaust Pipe and can be fired with Firewood, Charcoal etc. 2 tons / day.

4.1 PRODUCTION CAPACITY

The Hammer Mill or the Cassava Grating Machine and the Granulating Machine have capacities of 1 ton per hour.

This means that within one day of 8 hours, they will process 8 tons of cassava mash. The two frying machines will then roast or fry them into two tons of gari or 40 bags of 50kg per day. Four tons of cassava tubers produce one ton of gari. The capacity of the plant is therefore 2 tons of gari or 40 bags of 50kg per day of 8 hours. Output will increase if production hours increase.

4. 2 THE PRICE OF THE PLANT

The price of the plant is N5 million (Five Million Naira). It is rugged, resilient and made of stainless steel to satisfy both SON and NAFDAC requirements. It reduces drudgery and stress which are the bane of local gari production.

The gari has moisture content of 10 percent, sand of less than 1 percent and hydrocyanic acid of less than 10 percent.

The shelf life is over six months and the gari is hygienic and free of microbial contamination and infestations.

5. TERMS AND CONDITIONS OF PURCHASE

80 percent of the price will be paid at commissioning, 10 percent after delivering, and before installation and 10 percent after installation and test run.

Civil works for the mounting of the machines and electrical connections will be the responsibility of the client.

Delivery Period: Delivery of the machines shall be 8 weeks from the payment of the 80 percent and the clearing of the cheque.

Transportation: The transportation will be born by the client. We envisage that one 911 truck or 20 feet container can carry one plant.

Installation: Our technicians will install and test run the plant. The client will provide the central gear switch of about 100 amps, motor starters and gear switches. We will do the bases for the hammer mill and the granulator but the client will provide the materials. It will take a maximum of 1- 2 weeks if the electrical connections, water, power etc are in place. The client will take care of their accommodation, transportation, feeding etc. The production space should be about 200 squaremeters and frying pots should be located in a well ventilated location.

Test run: About 5 tons of cassava tubers shall be required for the test run and it will be provided by the client.

Training and commissioning: Your operators: Technician (1), welder (1) and electrician (1) will be trained during the installation. They are therefore encouraged to participate in the installation and commissioning.

Warranties: 6 months for any production problem excluding changeable parts affected by aging, misuse and accidents.

Technical support: Supply of spare parts at short notice, maintenance, quality control to ensure standard and consultancy services when needed.

Validity: This quotation is valid for 90 days from the date of submission after which the price may change.

6. PROFITABILITY OF THE PROJECT

6.1 Assumptions

1. The conversion rate of tubers to processed gari is 4 tons of cassava tubers to 1 ton of gari. 2. That 1 ton of cassava tuber delivered to the plants is N 5,000 per ton. 3. That the other costs of production are not more than 50 percent of the cost of cassava tuber .i.e. 50% of N 20, 0000 which is N 10,000. 4. That the selling price of one 50kg bag of gari is N5,000

6.2 Profit forecast

2 Tons per day of 8 hrs N Cassava tubers (8 tons x N5,000) 40,000 Other costs of production (50%) 20,000 Net profit per day 20,000 Profit per year (working 6 days Per week or 313 days in a year (313 x N20,000) N 6,260, 000

The project will retire all debts after the first year of operation and return a profit of about N 1,260,000. This shows that it is viable and feasible. It can also retire the debt within six months if it operates on two shifts per day. 7. OTHER APPLICATIONS OF THE PLANT

The plant can also be used in processing unripe plantain flour which is consumed mostly by diabetic patients. About 15 percent of our populations are diabetic and the number is increasing rapidly because of our eating habits.

Most states that produce cassava also produce plantain. Plantain is manually peeled, grated in the hammer mill and pressed in the hydraulic jack to dewater it. It is then granulated, roasted and finally milled again in the hammer mill to reduce it to the appropriate particle size. The demand for hygienically produced plantain flour is high because doctors often prescribe it for patients. It does not contain carbohydrate. It also has high export potential.

Garri processing Plants can also incorporate it in their activities to maximize profit during the plantain season. The unripe plantain must not be more than four days old before it is processed.

8. CONCLUSIONS

The plant is robust and versatile and will help in creating employment in the rural areas while enhancing the availability of gari. It will reduce the drudgery and stress in gari production and will also attract unemployed graduates to gari processing.

The profitability is impressive since it can retire all debts within the first year of operation and return a net profit at N1.26 million profitability will also increase if the shifts are increased. The plant can also be used in processing unripe plantain flour.

It is highly recommended to state governments, local Government and community Development Agencies who should use it in poverty alleviation, rural empowerment, employment creation and revenue generation.

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Dear sir/Madam, I found this Garri processing business plan very interesting. My following questions are:- 1. How many tons of cassava tuber processed is used for this business plan. 2. What is an average ton of cassava tubers for a starter to process per day and what is the recommended plant’s capacity to use? 3. Are these processing plants imported or locally fabricated here in Nigeria? 4. Kindly connect me with the manufacturer of these processing plants. 5. What is the cost analysis of the production/ton Thanks for your cooperation, Oladimeji Sunmonu

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How To Start Garri Processing And Packaging Business In Nigeria

Garri is a popular staple food in Nigeria. Most people eat it every day, and the demand for it is high and steady. Additionally, garri is also a popular food item among Nigerians in the diaspora, creating an opportunity for export. Garri’s market is also helped by the growing need for ready-to-eat and quick foods, which has led to the creation of packaged and processed Garri products. The garri processing and packaging industry in Nigeria is quite big and presents an important business opportunity for creative and young entrepreneurs in the country.

Here are the steps to starting a garri processing and packaging business in Nigeria.

Table of Contents

Develop a Business Plan

A business plan is the first and most important step in launching any successful business, and it can help you with the following:

• Do Market Research: It is important to do thorough market research to learn as much as possible about the industry, target market, consumer needs, and competition. 
• It helps to understand your target market, which includes households both in Nigeria and in the diaspora, their demographics, and their purchasing abilities.
• You understand customer needs and preferences, including packaging, flavor, and product quality.
• It lets you analyse your competition and see what they are doing differently, both large and small, including their strengths, weaknesses, opportunities, and threats, and this will help you fill the vacuum.

Our ready-made business plan helps with creating a solid business plan for your organisation. Get it here .

Obtaining Capital

You need capital to start and run a successful business. Thinking of going into any business without the required capital is a step that will end in failure. Having said that, you need to identify potential sources of capital, which include:

• Your personal savings
• Support from family and friends
• loans from commercial banks
• government grant
• Partnership

Apart from your personal funds, it will be difficult to convince anybody to provide funds for your business if you can’t explain how they will be used and possibly the benefits of investing in such a business. That’s why you need a business plan; it will help you convince people to provide the needed funds for the business.

A business plan also clarifies the roadmap for the operation of the business, which will likely increase your chances of getting funding.

Our Garri Business Plan with 3 Years Fiancial Projections will help you

Setup The Production Facility

You need a production facility, and you must identify a good location for it. Here are some important tips that will help you:

• Your production facility must be located where it is easy to access raw materials.
• Close to the target market.
• You will need to identify and purchase the required equipment for production or consider renting or leasing.
• Hire and train the right employees that will assist in the production and also identify clear job roles.

Procurement and Processing of Raw Materials

Casava is the raw material for garri processing and packaging, and you can source it from cassava farms and reputable dealers. You need to establish a good relationship with your suppliers for the sake of good prices and timely delivery of the materials.

To ensure your final products meet the quality standard, you must follow the required processing procedure using the right machinery and highly trained staff.

Packaging and Distribution

Once your Garri product is ready, the next step is to invest in quality packaging so that it can be attractive to your customers, pass the necessary information, and protect the products. Make sure the packaging has your company’s name, logo, and contact information, as well as details about the product, such as its weight, ingredients, and expiration date.

After packaging, your garri must be stored in a clean, dry warehouse with the proper temperature and humidity to protect the quality and keep it fresh. Also, the storage facility must always be in good condition to prevent the products from spoiling.

Distribution is next; this is very critical, and without it, your Garri won’t get to market or establish contact and relationships with supermarkets, stores, and whole-traders that may be interested in your products. Make sure you establish agreements and terms with your distributors, including, pricing, minimum order quantity, and payment terms.

Once you have agreements with the distributors, it’s time to ensure the products get to them. You can hire a logistics company to handle this, rent a delivery vehicle, or setup one in-house.

marketing and Promotion

Without good marketing and promotion, nobody will know you and eventually buy from you. Your business plan will help you identify your target market and create the right marketing strategy.

You can utilise both online and offline marketing techniques to promote your product, and the following tips will help you:

• Leverage social media marketing.
• Get your own business website and invest in SEO to gain visibility and drive organic traffic.
• Create and publish regular, unique, and engaging content on the blog section of your website.
• Invest in paid advertisement campaigns. With a minimum of $5 per day, you can reach thousands of people on both Google, Facebook, and Instagram.
• Invest in influencer marketing.
• Advertise on radio, TV, magazines, and newspapers if your company has the capacity.

Garri processing and packaging is a profitable business venture, and if you do it well enough, it can open doors to endless daily cashflow, making you a millionaire within a few years. But you need the right knowledge and strategy to be successful, which is why we created this blog post for you.

Drop a comment below and discuss with us.

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Leo Agbetoye

Cassava is a very important food crop that is capable of providing food security. However, a lot of problems prevent the development and use of modern equipment for its production. Most of the cassava produced still comes from peasant farmers who depend on manual tools for their field operations and these farmers have made Nigeria the world's largest producer of the crop. An increase in production of cassava to sustain the world food security needs improved machinery to allow its continuous cultivation and processing. Reasons for the low success recorded in the mechanization of cassava harvesting and processing were traced, and the attempts that have been made in the recent past by various engineers in Nigeria researching towards achieving mechanized harvesting and processing of cassava are well explained. The machinery required for cassava production in Africa, the development of new machines, and the need for more research and development in harvesting and processing machineries, which can reduce poverty worldwide and make food available and accessible for all, are also discussed. Research efforts made and the challenges facing the engineers, farmers, scientists and food processors towards achieving mechanical harvesting and processing of cassava are presented. Breeding a cassava variety with a regular shape for easy mechanization is one solution that could help the engineers worldwide.

Chibueze Achi , Sridhar Mynepalli

Abstract Improper management of solid wastes and problems of pollution have been the bane of life of many urban community residents in Nigeria. Waste generation is an inevitable fact of living. With increase in population and industrial activities come the increase in waste generation. One of such industries is the agro-food processing industries. In Nigeria, cassava is a food item predominantly processed, being a starchy staple food crop which can be converted into myriads of edible and industrial raw materials. Recognising the importance of cassava food crop and its growing production rate in Ibadan, south-western Nigeria, this study focused on evaluating the cassava production activities in six selected cassava processing sites in the city. The cassava roots delivery rates, the waste generation rates, waste composition, cassava processing energy needs and the attitudes of the people towards cassava waste management were some of the issues investigated. Results showed that the percentage and composition of solid waste (Peels and bagasse) and liquid waste generated during cassava processing depends on the nature of the final product and this varied also according to market demand of products. Fufu (cooked cassava paste after fermentation) produced more liquid waste and baggase than cassava starch and garri (toasted cassava granules). Fufu was produced more frequently than other products due to its much-reduced production cost and high market demand as compared to other products. It was found out that all of the solid wastes produced were organic in nature and can be recycled, recovered and reused. Between 25 – 30% of the cassava peels and bagasse were utilized as feedstock for livestock (goat and pigs) while the remaining 70 – 75% of cassava peels, bagasse and waste effluent were discharged indiscriminately into nearby bushes and water bodies. The only source of energy for processing fufu and garri is firewood which is usually obtained from cutting down forest trees. The study came up with a low-cost, sustainable strategy to provide an alternative renewable energy source to firewood which will also ensure a proper solid waste management for the cassava processing industries. Keywords: Cassava waste, rural regions, sustainable development, renewable energy, Nigeria

ololade olatunji

Linda Chinenyenwa Familusi

Proceedings of 50 th AnnuallConferenceeoffAgriculturallSocietyoffNigeria(ASN) " Abia " NRCRI U m u d i k e | 3 r d – 7 t h O c t o b e r 2 0 1 6 | ABSTRACT Economic of garri processing in Ivo Local Government Area of Ebonyi was studied using 100 garri processors selected using multi-stage random sampling technique. Structured questionnaire were used to collect data bothering on the objectives of the study. The results showed that garri processing is profitable in the study area with average profit value of N23,914. Furthermore, among the constraints to garri processing were inadequate rawmaterials,highhlabourrcostanddpoorraccessstoocredit.Policiesthatwilllenhanceeprocessors'accessstoocredits and raw materials should be formulated. INTRODUCTION Cassava is a major root crop grown for food, cash and raw materials for agro allied firms in form of starch, alcohol and among others. It is the second most important staple crop after maize in terms of calories consumed (Nweke, 2004). Nigeria is the highest producer of cassava in the world with annual production of 38.179 million metric tons (IITA, 2005; Onwumere, 2010). Post-harvest deterioration is a major problem with the crop and tackling this problem will open the crop potentials in fighting poverty. FAO (2004) reported that amongst the ways to overcome the aforesaid problem is through processing. Processing has the capability of reducing the bulkiness of the crop, reduction in transportation costs, extends shelf life as well as adding value to the products (Anyaegbulam, 2010). In Nigeria among the major staples, cassava can be processed into, garri is the most popular and indispensable staple food (Mensa, 2002). The reasons include it is ready to eat, storable and easily processed to conform to the organoleptic preference of the consumers (FAO, 2004). Statistics on garri consumption according to Anyaegbulam (2010) reported that approximately 28.41 million people and 31% of Nigerian community consume garri once, twice and thrice daily respectively. Cassava is processed into garri at village levels by variety of small scale methods using graters, millers and pressers. Nevertheless, these processors are beset with problems bothering on climatic factors, inadequate raw materials, high cost of labour, firewood problems, especially during rainy season, high energy costs. Others are poor access to credit, high cost of machine spare parts and competition among processors (Ezedinma and Otti, 2001; FAO, 2004). The study tends to examine the profitability of the enterprise and the constraints confronting garri processors.

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How to do a business plan for garri project?

Industry news / Chat online / Leave a message / Mar 16, 2022

Cassava is the most bountiful agricultural crop in Africa. But if they could not be process timely, the fresh cassava would go bad and lead to be waste a lot. In order to stop wasting cassava and turn it into treasury, therefore, people has increasingly wanted to promote the value of cassava. Based on which, people often process cassava into flour, starch and garri. Among of this finished products of cassava, garri is relatively pervasive and lucrative in African daily life for its role as main food, particularly in Nigeria and Ghana.

In fact, there are many people in local want to join in cassava to garri processing project so as to obtain extra income for their daily life. Most of them, however, are the first time to do garri processing business. They would wonder that how to start the business, how to do a business plan? Today, Henan Jinrui company as a professional manufacturer of cassava processing machines will introduce to you how a business plan for garri project to do.

First of all, do adequate survey on raw material is necessary. Doing garri business, you need to know how much cassava can be stably supplied to your garri processing plant everyday. At this time, you can confirm how large capacity you plan to do.

More significantly, you need to prepare a certain of land for your garri processing plant. If you have a empty site for building garri processing plant, it is good for you because you can save time and rent to find another vacant land.

At last, long service life and stable performance garri processing machines. Good quality garri processing machine can help you get good quality garri. For example, vibration sieve, a machine used to sieve garri into more smaller particles, can help you improve the quality of garri. After all, high quality garri will help you sell at good price.

Henan Jinrui is the professional manufacturer of garri processing machines which has been sold to more than 30 counties. With rich experience in designing and manufacturing garri processing machine and other cassava processing machines, we have enough confidence to tell you that Henan Jinrui company can provide you good quality garri processing machine as well as more professional suggestions according to your garri processing business plan. Welcome to inquiry us and share with us what you need.

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How to Develop a Comprehensive Garri Processing Business Plan

Introduction.

This Garri Processing Business Plan is designed to provide a comprehensive overview of the garri processing business and its operations. It outlines the business objectives, strategies, and tactics that will be used to achieve success in the industry. It also provides an analysis of the market, competitors, and potential customers. Finally , it outlines the financial projections and the resources needed to launch and sustain the business. This plan is intended to serve as a guide for entrepreneurs who are interested in starting a garri processing business.

A comprehensive garri processing business plan is essential for any entrepreneur looking to start a successful garri processing business. A well-crafted business plan will provide a roadmap for the business, outlining the goals and objectives of the business, the strategies for achieving those goals, and the resources needed to make the business a success.

The first step in developing a comprehensive garri processing business plan is to conduct market research. This research should include an analysis of the current market for garri processing, the potential customer base, and the competition. This research should also include an assessment of the resources needed to start and operate the business, such as equipment, labor, and materials.

Once the market research is complete, the next step is to develop a business model. This model should include a description of the business, its goals and objectives, and the strategies for achieving those goals. It should also include a financial plan, outlining the expected costs and revenues of the business.

The next step is to develop a marketing plan. This plan should include an analysis of the target market, the strategies for reaching that market, and the methods for promoting the business. It should also include a pricing strategy, outlining the pricing structure for the business.

The final step in developing a comprehensive garri processing business plan is to develop an operational plan. This plan should include a description of the processes and procedures for producing and distributing the product, as well as a description of the personnel needed to operate the business. It should also include a risk management plan, outlining the strategies for mitigating any potential risks associated with the business.

By following these steps, entrepreneurs can develop a comprehensive garri processing business plan that will provide a roadmap for success. With a well-crafted plan, entrepreneurs can ensure that their business is well-positioned to succeed in the competitive garri processing market.

The Benefits of Investing in a Garri Processing Business

Investing in a garri processing business can be a lucrative and rewarding venture. Garri is a popular staple food in many parts of Africa, and the demand for it is growing. By investing in a garri processing business, entrepreneurs can take advantage of this growing demand and benefit from the potential for high returns.

The first benefit of investing in a garri processing business is the potential for high returns. Garri is a relatively inexpensive food item, and the cost of production is low. This means that entrepreneurs can make a significant profit margin on their products. Additionally, the demand for garri is growing, which means that entrepreneurs can benefit from increased sales and profits.

Another benefit of investing in a garri processing business is the potential for job creation. By investing in a garri processing business, entrepreneurs can create jobs for local people. This can help to stimulate the local economy and provide employment opportunities for those who may not otherwise have access to them.

Finally , investing in a garri processing business can help to improve the quality of life in the local community. By providing a reliable source of income, entrepreneurs can help to improve the standard of living in the area. This can lead to improved access to education, healthcare, and other essential services.

In conclusion , investing in a garri processing business can be a highly rewarding venture. It offers entrepreneurs the potential for high returns, job creation, and improved quality of life in the local community. For these reasons, investing in a garri processing business can be a great way to make a positive impact on the local economy.

The Essential Steps to Setting Up a Garri Processing Business

Setting up a garri processing business can be a lucrative venture for entrepreneurs looking to capitalize on the growing demand for this popular West African staple. To ensure the success of your business, it is important to take the necessary steps to ensure that your business is properly set up and running smoothly.

1. Research the Market : Before you begin setting up your business, it is important to research the market to determine the demand for garri in your area. This will help you determine the size and scope of your business and the potential for success.

2. Develop a Business Plan : Once you have determined the size and scope of your business, it is important to develop a business plan. This plan should include a detailed description of your business, a marketing plan, a financial plan, and a timeline for achieving your goals.

3. Secure Funding : Once you have developed your business plan, it is important to secure the necessary funding to get your business off the ground. This may include applying for loans, seeking investors, or seeking grants.

4. Find a Location : Once you have secured the necessary funding, it is important to find a suitable location for your business. This should be a location that is easily accessible to customers and has the necessary infrastructure to support your business.

5. Purchase Equipment : Once you have found a suitable location, it is important to purchase the necessary equipment for your business. This may include a milling machine, a sieving machine, a packaging machine, and other necessary equipment.

6. Hire Employees : Once you have purchased the necessary equipment, it is important to hire employees to help you run your business. This may include a manager, a production team, and other necessary staff.

7. Market Your Business : Once you have set up your business and hired the necessary staff, it is important to market your business to potential customers. This may include advertising in local newspapers, creating a website, and utilizing social media.

By following these steps, you can ensure that your garri processing business is properly set up and running smoothly. With the right planning and preparation, you can ensure the success of your business and capitalize on the growing demand for this popular West African staple.

The Challenges of Starting a Garri Processing Business

Starting a garri processing business can be a rewarding venture, but it also presents a number of challenges. Before embarking on this venture, it is important to understand the potential risks and challenges that may arise.

The first challenge is the cost of setting up the business. Garri processing requires a significant investment in equipment, such as grinders, sifters, and packaging machines. Additionally, the cost of purchasing the raw materials, such as cassava, must be taken into account.

The second challenge is the competition. The garri processing industry is highly competitive, and it is important to have a competitive edge over other businesses. This could include offering a unique product or providing superior customer service.

The third challenge is the marketing of the product. It is important to have a comprehensive marketing strategy in place to ensure that the product is reaching the right target audience. This could include advertising in local newspapers, radio, and television, as well as online marketing.

Finally , the fourth challenge is the regulation of the industry. It is important to ensure that the business is compliant with all relevant regulations, such as food safety and labeling requirements.

By understanding the potential challenges of starting a garri processing business, entrepreneurs can be better prepared to face them. With the right preparation and planning, a successful business can be created.

How to Market Your Garri Processing Business

Marketing your garri processing business is essential for success. To ensure your business reaches its full potential, you must create a comprehensive marketing plan that outlines your goals, strategies, and tactics. Here are some tips to help you get started:

1. Develop a Brand Identity : Establishing a strong brand identity is essential for any business. Create a logo, slogan, and other visuals that represent your business and its values. This will help customers recognize your business and build trust.

2. Utilize Social Media : Social media is a powerful tool for marketing your business. Create accounts on popular platforms such as Facebook, Twitter, and Instagram and use them to promote your products and services.

3. Create a Website : Having a website is essential for any business. It allows customers to learn more about your business and provides a platform for you to showcase your products and services.

4. Network : Networking is a great way to spread the word about your business. Attend local events and join professional organizations to meet potential customers and partners.

5. Offer Promotions : Offering promotions and discounts is a great way to attract new customers and keep existing ones. Consider offering discounts on bulk orders or special promotions for new customers.

By following these tips, you can create a successful marketing plan for your garri processing business. With the right strategies in place, you can ensure your business reaches its full potential.

The Financial Considerations of Starting a Garri Processing Business

Starting a garri processing business can be a lucrative venture, but it is important to consider the financial implications before taking the plunge. The initial costs of setting up a garri processing business can be significant, and it is important to have a clear understanding of the financial requirements before beginning.

The first step in setting up a garri processing business is to purchase the necessary equipment. This includes a grinding machine, a sieving machine, a packaging machine, and other necessary tools. Depending on the size of the business, the cost of these items can range from a few thousand dollars to tens of thousands of dollars. Additionally, the cost of renting or purchasing a space to house the business should also be taken into account.

The cost of raw materials is another important factor to consider. Garri is made from cassava, and the cost of purchasing cassava can vary depending on the season and the location. It is important to research the cost of cassava in the area where the business will be located in order to ensure that the business is profitable.

The cost of labor is also an important factor to consider. Depending on the size of the business, it may be necessary to hire employees to help with the production process. The cost of wages and benefits should be taken into account when calculating the cost of labor.

Finally , it is important to consider the cost of marketing and advertising. This includes the cost of creating a website, printing promotional materials, and advertising in local newspapers and magazines. These costs can add up quickly, so it is important to have a clear understanding of the budget before beginning.

By taking the time to consider the financial implications of starting a garri processing business, entrepreneurs can ensure that their venture is successful and profitable.

• Garri Processing Business Plan [Sample Template for 2022]
• GARRI PROCESSING BUSINESS PLAN IN NIGERIA –
• Garri Processing Business Plan Sample | PDF | Inventory | Sales

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Business Plan for Garri Processing and Packaging Business

TABLE OF CONTENT

• Executive Summary

1.1       Management Team

1.2       Background of the Business

1.3       Product

1.4       Market

1.5       Competitor

1.6       Personnel Objectives

1.7       Business Goal

1.8       Objective

2.0       Marketing Plan

2.1       Marketing Goal

2.2       Sales Forecast

2.3       Revenue Forecast

2.4       Marketing Objectives

2.5       Strategies for Achieving the objective

2.6       Estimate of Cost of Marketing Action

3.0       Production and Operation Plan

4.0       Organizational and Human Resources Plan

4.1       Administrative Department

4.2       Marketing Department

4.3       Production Department

4.4       Maintenance and Security Department

4.5       Enterprise Employees

5.0       Financial Plan

5.1       Annual Personnel Cost

5.2       Estimate of Capital Expenditure

5.3       Estimate of Net working Capital

5.4       Cash Flow Forecast

5.6       Balance Sheet

5.7       Break-Even Analysis

5.8       Pay-back plan

6.0     Risk Assessment

EXECUTIVE SUMMARY

Miragrade Garri Processing and Packaging Business is a sole proprietorship business that is registered under the Laws of Federal Republic of Nigeria. It is owned by Mr. Olu Olawale, who has a Master Degree in Textile/Graphic Design and a Master Degree in Business Administration. The business is located at No 4, Step Down, Lagos Benin Express, Ore, Ondo State. The business is intended to sit on a fifteen acres of land that will cover the offices. The expected total capital investment is N10,000,000 ( Ten Millions Naira Only) and it is expected to commence in June, 2021.Going by the operational plan, marketing analysis, intended management approach, financial plan and projection and  risk management plan; the business is expected to generate a massive return on investment , and hence it is considered a profitable and viable business.

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CHARGES FOR BUSINESS PLAN/PROPOSAL 0 - 50 Millions                         -N10, 000 N51Millions - N150Millions - N20, 000 151Millions - N300Millions - N30,000 301Millions - N500Millions -N40,000 501Millions AND ABOVE    - N50, 000

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