Rice Farming And Processing Business Plan in Nigeria

Rice Farming And Processing Business Plan in Nigeria Feasibility Study

The percentage of people going into agriculture in Nigeria has been discovered to be very low but it is a largest sector in the country. No country in the world can survive without agricultural production; it has been seen as one of the means economies can be boasted. We all know that food is basic need to humans and in Nigeria rice is one of the most important foods, not just Nigeria countries such as China, South Korea, North Korea, Indonesia etc also value rice.

Nigeria we have seen that Rice is the third most popular crop consumption after and every family in the country cannot stay a week without eating rice. In every occasion in the country, event, including festive period rice is highly demanded; Report has shown that there are families in Nigeria that cannot live without eating rice in a week. Anyone who wants to go into Rice Farming/ Processing Business has made a valuable decision because the commodity is for anyone both rich and poor, this has made the demand not seasonal.

This Business Plan has been recently been updated and with it, it can be use for application of loans, win investors, get grant, and it can be use for competition

RICE FARMING AND PROCESSING BUSINESS PLAN IN NIGERIA LATEST EDITION. Place an order, by paying N10,000 to

UBA (United Bank for Africa)

Account Name – Uwadia Chukwuhumenya

Account No – 2024911076

After you made payment sms your name, your e-mail address and payment details to 08032503651 and you’ll receive your the Rice Farming and Processing Business Plan In your email address

Any woman or man who chose to go into Rice production he has given himself or herself a great promise of better profit so long he or she know the rules on how it is done. Report from Nigeria federal government states that Nigerian consume about five to six (5-6) million tons of rice yearly. And that is why the importation of rice has been very high because a Local production of rice is unable to satisfy the increase demand of rice, so the federal Government has been importing about 1.8million tons of rice yearly.

Some Factors to Consider Before Going Into Rice Farming

When To Plant Rice

They have been many suggestions in planting of rice and they have come with a great and accurate period, Rice planting is best planted at mid March to mid April. The planting of Rice and time of the harvest can be done within 4 months window. When rice changes its colour from green to brown you should know that it is now ready for harvest.

Land

Rice farming is not like every other farm products, if you are going into Rice farming you should know that rice requires swampy land that have lot of water. Although rice can grow in any kind of land but it has been proven that it grows best in a swampy land. This is the reason why rice farmers do take their time to carry out some serious irrigation before they start planting rice.

The best way to have your rice farm produce best is a swampy land so whenever you are looking for land to grow rice, please ensure you are doing it in a swampy land. In a situation whereby you cannot get a swampy land for your rice farming, then you should very well look for a land that won’t cost you so much when you use tractor on it and then you can now channel lot water for proper irrigation before planting and after planting

Rice Seed

One of the important things in every farming is the seed and when you are going into rice production I would advise you to select very healthy rice seed, seeds that has the ability to grow well the moment the seed hits the ground. A random selection of rice seed can lead to a very poor harvest and low returns.

Hauling Mill

In my above right up I told you that rice can take up to four months before ut can be ready for harvest. It is important you are ready for the harvest, after four months; you will need to get hauling mill that will be use to separate the rice from the haul. This process requires the separation of rice from the haul and blowing the haul away.

Parboiling

This process is required in rice farming before you pack the rice for distribution

Sun and Dry the Rice

Before hauling farmers need to sun and dry the rice in other to make it easy for hauling to take place. This process required just placing the rice directly under the sun and allows it to dry. You can do this for a period of 3-4 days and make sure the moisture is fully dry.

Packaging

Once the moisture if removed this steps requires putting the rice in a bag or any packing means the producer wants or the business owner wants. But any means they choose for packaging it is advisable that it contain office address, phone number, name of company of the business. With this it becomes easy for customers to reach you and it makes your product unique.

Knowledge

No knowledge is waste so at this point you are advice to attend rice production seminars/workshop; this will help you grow your business and increase you production.

RICE FARMING AND PROCESSING BUSINESS PLAN IN NIGERIA TABLE OF CONTENT

EXECUTIVE SUMMARY
BUSINESS OVERVIEW
THE BUSINESS OPPORTUNITY
THE MARKET
THE COMPETITION
THE MARKETING STRATEGY
THE MANAGEMENT TEAM
1 THE BUSINESS
1.2 VISION STATEMENT
1.3 MISSION STATEMENT
1.4 VALUES AND PRINCIPLES
2.0 EXTERNAL ENVIRONMENT ANALYSIS
2.1 POLITICAL
2.2 ECONOMIC
2.3 SOCIAL
2.4 TECHNOLOGICAL
2.5 LEGISLATIVE
2.6 ENVIRONMENTAL
3.0 INDUSTRY ANALYSIS
3.1 OVERVIEW
3.2 MAJOR PLAYERS IN THE INDUSTRY
3.3 BARRIERS TO ENTRY
3.4 KEY SUCCESS FACTORS
4.0 MARKET ANALYSIS
4.1 MARKET SEGMENTS
4.1.1 INDIVIDUALS
4.1.2 BUSINESSES
4.2 NEEDS AND PREFERENCES
4.2.1 INDIVIDUALS
4.2.2 BUSINESSES
4.3 TARGET MARKET
5. COMPETITION ANALYSIS
5.1 DIRECT COMPETITION
5.1.1 ABC CAR WASH SERVICES
5.1.1.1 ADVANTAGES
5.1.1.2 DISADVANTAGES
5.2 INDIRECT COMPETITION
6. INTERNAL ENVIRONMENT ANALYSIS
7. SWOT ANALYSIS
7.1 STRENGTHS
7.2 WEAKNESSES
7.3 OPPORTUNITIES
7.4 THREATS
7.5 ACTIONS TO BE TAKEN
8. BUSINESS STRATEGY
8.1 LONG TERM STRATEGIES
8.2 MEDIUM TERM STRATEGIES
8.3 SHORT TERM STRATEGIES
8.4 FUNCTIONAL STRATEGIES
8.4.1 FINANCIAL STRATEGIES
8.4.2 MARKETING STRATEGIES
8.4.3 OPERATIONAL STRATEGIES
8.4.4 LEARNING AND DEVELOPMENT STRATEGIES
9.0 MARKETING PLAN AND STRATEGY
9.1 MARKETING AVENUES FOR THE CAR WASH BUSINESS
9.1.1 ADVERTISING AND PROMOTION
9.1.2 DIRECT MAILING
9.1.3 NEWS LETTERS
9.1.4 MAJOR BILLBOARD/ SIGNAGE
9.1.5 DIRECTORY LISTINGS
9.1.6 BUSINESS WEBSITE
9.1.7 OTHER MARKETING AVENUES
9.2 PRICING
9.2.1 EXTERIOR CLEANING
9.2.2 INTERIOR CLEANING
10. HUMAN RESOURCE PLAN
10.1 ORGANIZATIONAL STRUCTURE
10.2 ROLES AND RESPONSIBILITIES
10.2.1 GENERAL MANAGER
10.2.2 FINANCE AND ADMINISTRATION OFFICER
10.2.3 SALES AND MARKETING OFFICER
10.2.4 CLEANING SUPERVISOR (EXTERIOR CLEANING)
10.2.5 CLEANING SUPERVISOR (INTERIOR CLEANING)
11. TECHNICAL AND OPERATIONAL PLAN
11.1 LAYOUT OF THE BUSINESS PREMISES
11.2.1 MANAGEMENT INFORMATION SYSTEM
11.2.2 ACCOUNTING SYSTEM
11.2.3 PERFORMANCE MANAGEMENT SYSTEM
11.3 INTERNAL CONTROLS
11.3.1 RECEIPTS
11.3.2 PAYMENTS
11.3.3 REVENUE RECEIVED
12. MONITORING AND EVALUATION PLAN
13. FINANCIAL PLAN AND STRATEGY
13.1 ASSUMPTIONS
13.2 CAPITAL EXPENDITURE
13.3 AVERAGE MONTHLY COST – CLEANING MATERIAL AND CHEMICALS
13.4 AVERAGE MONTHLY OPERATING EXPENDITURE
13.5 CASH FLOW FORECAST
13.6 INCOME STATEMENT FORECAST
13.7 BALANCE SHEET FORECAST
13.8 RATIO ANALYSIS
13.9 BREAK EVEN ANALYSIS
13.10 SENSITIVITY ANALYSIS
14. RISKS AND ISSUES
15. ACTION PLAN

Get A Rice Farming Business Plan

Every business need a planning and no one can succeed without a proper planning, so it is very imperative for you to carry out a business plan in other to consider factors such as:

Capital: How much do I need to start this business. The capital for starting rice business is very expensive, it runs to millions of naira but loans can be gotten from government. You consider getting loans if you don’t have it.

Clients: Starting a business is one thing getting customers is another thing so in a business plan you should know where you can find customers. Although customers are everywhere of business but how to get them on your side matters.

Site/location: The Business plan will direct you on where you can locate your farm, it will help you answers such question how do I starts?.

Type Of Rice To Produce

In Nigeria we have seen every state has started going into rice farming bcause they know the important of it and they have chosen the right type of rice depending on their land, and also their climate weather conditions. Example of such states and their different rice type:

Ebonyi State: Ebonyi rice

Kano State: UMZA rice

Ogun State: Prada rice

Niger State: Mama happy rice

Anambra State: Anambra rice

Ekiti State: Igbemo rice

Edo State: Ekpoma Rice

Equipment

Employees

Distributors

Goals for the year

Innovations

This Rice Farming And Processing Business Plan In Nigeria  has been recently updated and can be used to access loans from Banks, write proposal and apply for grant. Expect has complied this business plan after a thorough feasibility study on Rice farming business in Nigeria.

RICE FARMING AND PROCESSING BUSINESS PLAN IN NIGERIA LATEST EDITION. Place an order, by paying N10,000 to

UBA (United Bank for Africa)

Account Name – Uwadia Chukwuhumenya

Account No – 2024911076

After you made payment sms your name, your e-mail address and payment details to 08032503651 and you’ll receive your email address

OTHER BUSINESS PLAN IN NIGERIA LATEST EDITION

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