Sample Free Oil Palm Plantation Business Plan for Nigerians

Sample Free Oil Palm Plantation Business Plan for Nigerians

Sample Free Oil Palm Plantation Business Plan for Nigerians – This is a free Sample Oil Palm Plantation Business Plan for Nigerians. Indeed, it’s a sample plantation business plan suitable or adaptable for every type of plantation business. As a matter of fact, this sample palm oil plantation business plan shows the cost of setting up a palm oil plantation in conjunction with the feasibility study on palm oil production. This Sample Free Oil Palm Plantation Business Plan for Nigerians is specially made for you.

Are you seeing the need to start a palm oil plantation business now? Is there any challenges you want to tackle for profit motive? If these are your challenges, here’s a complete sample oil palm plantation business plan & feasibility analysis you can use to get started.

Sample Free Oil Palm Plantation Business Plan for Nigerians

Furthermore, this Sample Free Oil Palm Plantation Business Plan for Nigerians will help you win government and non-governmental agro-programme approvals and grants. It will also help you generate the required capital through investors, grants and loans. Therefore, all we put in place here are the essential elements of the business plan to enable you achieve these. So, related topics include palm oil business plantation template which is a break-down of plantations processes. Others are marketing plan strategies and feasibility analysis which comes with the desired management structure.

Sample Free Oil Palm Plantation Business Plan for Nigerians

Why do you want to start an Oil Palm Plantation?

Palm plantation is not an annual crop. It’s a type of medium term investment. This is because, the best early yielding type takes at least 3-years to start fruiting. Therefore, if you are interested in this business, it means you are ready to afford this time lag. But, I tell you, when it begins yield, you will enjoy the fruit of your labour for not less than 30 years. My dear, this is an investment for grandchildren to enjoy. Currently, one good thing about this business is that government gives support for agro-sector of the economy. Of course, you must be aware that Palm oil is one of the international commodities along with gold and crude oil being analysed in our communication media nowadays. Therefore, one of the highly thriving and profitable agribusinesses that an upcoming entrepreneur can successfully start is oil palm plantation business.

Sample Free Oil Palm Plantation Business Plan for Nigerians

I have earlier in our post advised for 5-page business plan or even less pages, but what is important is that you have something you are looking at as you make your plantation investment. Truly, any villager can do anything and call it palm plantation, but you should be able to do something different. This is why I want you to have this business plan and make the difference.

This business plans is a road map that helps you chart a good and profitable course for yourself. I strongly adverse that you adhere to this business plan in order to make headway in the industry. In the light of this, below is a sample oil palm plantation business plan that will help you successfully launch your own business.

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Free Palm Oil Business Plan Feasibility Analysis

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Sample Free Oil Palm Plantation Business Plan for Nigerians – Introduction:

In the agro farming business, oil palm business is one of those that thrives in African continent and some parts of Asia. Nigeria is one of  the largest producer in West Arica and in the  African continent.  Although there are pockets of locals in rural communities that run this business in small scales, there are also medium to large scale investors who also operate standard oil palm plantation and palm oil processing businesses. These re organizations that own large palm tree plantations. Consequently, they also engage in the exportation of palm oil to countries of the world. They target countries with associated oil palm products factories.

One important by-product of palm oil is Palm kernel. This palm kernel is also processed into palm kernel oil. Palm oil is one of the healthy processed cooking oils. In Nigeria, palm oil is used in several ways and for several delicacies. As a matter of fact, there are no tribes or country in West Africa that don’t make use of palm oil. Though many call it red oil in certain quarters. Industry wise, palm oil is used in making soap and body creams.

Sample Free Oil Palm Plantation Business Plan for Nigerians

The oil palm plantation is a segment of palm oil business that thrives in Africa, Asia and South America countries. In fact, it generates several millions of US dollars annually for individuals, organisations and serves as a boost to nations’ foreign trade. On the other hand, this segment, palm oil  business, is responsible for the employment of  lots of people directly and indirectly all around the world.

In the light of the above, any aspiring entrepreneur venturing into oil palm plantation business whether on a small or large scale should ensure that he or she conducts thorough market survey and feasibility studies so as to get it right.  For it to be strategically located, it’s important you  secure an arable land in a location with soil composition that is highly suitable for the cultivation of palm trees. This is to ensure bumper harvest and maximum profit in the business.

Sample Free Oil Palm Plantation Business Plan for Nigerians – Executive Summary:

Edible Oil Palm Enterprise is a standard oil palm plantation business that will be based in Owena – Enu State, Nigeria. It’s an enterprise duly registered with the Nigerian Corporate Affairs Commission (CAC). This business plan is one that will enable us work on the plantation and the development for the next 5 years. Our plan is to start  on a small scale by cultivating oil palms on 20 hectares of land. We plan to grow the business from this 20 hectares of land to 100 hectares of land. Thereafter, we hope to own a palm oil processing plant which will enable us export palm oil to other countries in Africa and the world at large.

The overall business goal of Edible Oil Palm Enterprise is to become the number one oil palm plantation and palm oil processing plant in Enu State Nigeria. As entrepreneurs, we are willing to go the extra mile to invest in oil palm cultivation tools and equipment. Therefore, we will endeavour to hire efficient and dedicated employees only. We have been able to secure necessary permits from all relevant government departments both at local and state level.

Sample Free Oil Palm Plantation Business Plan for Nigerians

We are set to redefine how oil palm plantation business should be run in our state. This is why we have in place already plans for continuous training of all our staff.

We also have in place plans to continue to explore all available markets around our target market communities where we intend marketing our produce. This is because, the demand for palm kernel, palm oil and other associated palm tree produce will continue to soar high even in the nearest feature. Again, this is because there will always be people who cook and use palm oil for productions. These are cottage companies who need palm oil as their raw material. Therefore, we will ensure that we create a wide range of distribution network across Nigeria, West African countries and the World at large.

Our Core Value:

Edible Oil Palm Enterprise will at all times demonstrate her commitment to sustainable good business climate. It will be actively participating in host communities’ town hall business agenda. That will enable us integrate into the communities a sustainable business culture. In the light of this, we will ensure that we hold ourselves accountable to the highest standards by meeting our customers’ needs precisely and completely.

Ownership:

Edible Oil Palm Enterprise is a family business owned by Chief Omeihejideofor and his immediate family members. Chief Omeihejideofor is a farmer par excellence. He has a degree in Agriculture Science from Imo State University, Owerri.

Our Product:

Edible Oil Palm Enterprise is a world class commercial farm that is committed to cultivating organic and non – organic oil palm trees for both the Nigeria’s market and global market. As a matter of fact, we are in business to produce both food and raw materials for people and industries in commercial quantities.

Because, we are in this line of business to make profits, we will ensure that we do all that is allowed by law to achieve our business goals and objectives. That is why we concentrate on oil palm plantation and production. We hope to cultivate related crops in future when the need arises.

Therefore, we will concentrate on the cultivation of variety of oil palm trees (organic and non – organic) and the production of palm oil. Our marketing segment explains other aspect of this segment.

The Vision Statement

Our overall vision is to own the largest private palm tree plantation in Nigeria. This will enable us engage in wholesale distribution of palm oil and related products all across Nigeria and to export same to other countries of the world.

Our Mission Statement:

As a matter of fat, our mission is to establish a world class oil palm plantation and palm oil processing business. This is to be able to build our own capacity that will favourably compete with leaders in the industry. In fact, we want to build a business that will be listed amongst the top performing businesses in the Nigeria Stock Exchange.

Our Business Structure:

Our plan is to get it right just from the onset. In doing this we are going the extra mile to ensure that we have only competent employees to occupy all the available positions in our business. For this, we will ensure we hire only personnel who are qualified, honest, hardworking, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders.

Considering the kind of oil palm plantation business we intend building and the goals we want to achieve, we are ready to pay well the best hands we employ. This is what we want to use to attract and retain the competent hands available in the crop cultivation industry. This will also motivate them as long as they are willing to work with us to achieve our business goals and objectives.  As a matter of fact, profit-sharing arrangement is also planned for all of our senior management staff. This will be based on their performance for a period of five years or more depending on how fast we meet our set target.

In view of the above, we have decided to hire qualified and competent hands to occupy the following positions at Edible Oil Palm Enterprise:

  • Chief Executive Officer (Owner)
  • General Farm Manager
  • Human Resources and Admin Manager
  • Sales and Marketing Officer
  • Accountants / Cashiers
  • Field Workers

Sample Free Oil Palm Plantation Business Plan for Nigerians – SWOT Analysis:

For our drive for excellence, we engaged a renowned consultant, Complete Full Marks Consultants Limited to look through our business concept. So, together we were able to critically examine the prospect of the business and assessed our capacity to run a standard oil palm plantation business that can compete favourably in the oil palm plantation business.

In the light of that, we were able to take stock of our strengths, weakness, opportunities and threats that are likely going to impact on our activities. Here is a preview of what we got.

Strength:

One element that is of great strength to us is availability of arable land. A fertile land for that matter. In addition, we have state of the art palm oil processing facility that has positioned us to meet the demand of palm oil in Nigeria no matter the level of the demand.

Another factor that counts for our advantage is the background of our Chief Executive Office. He has a good academic qualification and  a robust experience in the industry. This is in addition to our team of  highly qualified and dedicated workers. These indeed are great strength for our organization.

Weakness:

We are not ignorant of the other side of the coin; our weaknesses. The fact that we are cultivating oil palm in a locality that has other pockets of palm oil farmers posses a weakness. In essence our chosen location might be our weakness. However, the capacity of our milling plan is going to counter such challenges and turn this weakness into strength.

Opportunities:

At any rate, the opportunities available to us are unlimited. Over 70% of Nigerian population make use of palm oil.  What we are going to do now is to push our palm kernel, and other palm oil by-products forward to them as substitute for other relative products. Owena in Enu state is just ideal for our oil palm plantation business because the land is ideal for farming palm trees, in addition to  large market for palm kernels.

Threat:

Notwithstanding the above, the threat that is likely going to confront us is that of competing with already established oil palm plantations and palm oil processing businesses in Edu State. Again, there are likely going to be other entrepreneurs who may like to launch similar business within the location of our business.

In addition is a general political cum government regular somersaulting agro-policy. This unfavourable government policies and economic downturn is actually a threat. This is because economic downturn affects purchasing powers, while unfavourable government policies can hinder exporting of palm products to other countries of the world.

The Analysis:

Considering our strength and opportunities, the weakness and threat are going to be overwhelmed in a short time. We are capable of turning our weaknesses and threats to opportunities.

THIS IS HOW YOU MAY GET A COPY OF THIS BUSINESS PLAN:

Finally, It’s true you can use this Sample Free Oil Palm Plantation Business Plan for Nigerians, but the fact remains that you may need other parts of this business plan. So, please, they are available on request. These include the financial projections and analysis, Customised SWOT analysis, and financial analysis, Tables and charts. Call now to get them at minimal cost. Call +234 8034347851 or email to cfmclimited@gmail.com