Are you searching for a downloadable rice cultivation business plan in Nigeria? Do you want to start rice planting and processing business but you don’t have an idea on how the rice farming business plan template will look like?
This post is for you.
Do you want to secure a loan for NIRSAL, BOA, BOI, grant or make future forecast figures? Then you need a rice farming business plan in Nigeria to do that?
The Rice Cultivation business plan will have these chapters:
- Executive summary
- Business ownership
- Farm location
- Our vision statement
- Our mission statement
- Our business structure
- Our strength
- Market analysis
- Market trends
- Our target market for rice production
- Our competitive advantage
- Sales and marketing strategy
- Sales forecast for Rice production business plan
- Payment options
- Feasibility studies for Rice cultivation business plan
- Financial projections and costing
- Sources of startup capital
It is well-known that rice farming is an important factor in any economy. The capital-intensive produce requires a large land rental rate average. The annual growth of rice has increased to about eight per cent. This is due to diet changes, increase in population and urbanization. Rice has become the most common staple food in Nigerian homes.
Yearly, about 7.8 million tonnes of rice is consumed by Nigerians. Out of which about 5 million tonnes are produced by local farmers for personal consumption. In recent times, over N4 Billion Naira is spent yearly on importing the remaining 3.8 million tonnes of rice because of the high demand for rice that local production cannot meet. These facts have put Nigeria as the world’s largest importer of rice, proving that there is not just a great demand and opportunity for entrepreneurs and businesses in the rice business but also a ready market.
The never-ending opportunities in the rice business will encourage the youths of the business prospects in farming, processing, sales, and distribution of rice. Rice mills can also be constructed – rice processing equipment is business in the rice industry.
Frannies Farm Enterprise is known for crop and animal farming, processing, and supply. Situated at Iseyin, Oyo State, our market research and projections have aided in procuring suitable farmland for our large scale commercial rice farming.
Our well sought-out large-scale rice farming will accommodate commercial rice cultivation, processing, and packaging. With a standard that can be looked up to, we would provide both organic and non-organic commercial rice farming.
Processes that have been tested are in place to facilitate the processing and packaging of rice within the first four years, this will then be supplied to the Nigerian market. To ensure that we do not run out of rice to compete in the market, we have purchased 10 acres of ideal farming land. We would get appropriate farming equipment and experience hire that would help build the vision that we have – to portray the perfect picture of 21st-century commercial rice farming, processing and packaging organization.
Investing in commercial rice farming for us is a way to contribute our quota into the ever-growing Nigeria economy as well as the latch on the vast opportunities the rice industry offers while serving Nigerians with their number one staple food.
Frannies Farm Enterprise looks forward to being the foremost commercial rice business in Nigeria. This is why we work with a team of experts and we have put in place practices that will aid our vision.
How To Download The Rice Production Business Plan Template
Above is a part of the rice production business plan template in Nigerian. In case you need the complete business plan, follow the procedures to download it.
Pay the sum of N5000 (Five thousand naira only) to the account detail below:
Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us)
Thereafter, send us your email address through text message to +234 701 754 2853. The text must contain the title of the business plan you want and also your email address. Immediately after the confirmation of your payment, we will send the rice farming business plan in Nigeria to your email address where you can easily download it.