Considering all the requirements for starting or expanding your wheat ﬂour production business, we put together this Wheat flour Mill business plan template.
Wheat Flour is consumed all across Nigeria for its delicious taste and health benefits. There is a strong demand for the product, so market entry is not as difficult as most would think.
So let’s proceed to the business planning section.
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A Sample Wheat Flour Production Mill Business Plan Template
TABLE OF CONTENTS
1.0. Wheat Flour Mill Business Plan Executive Summary
Labake Wheat Flour Production Company is a standard wheat ﬂour mill production company that will be located in an industrial area in Lagos State. We have been able to secure a long term lease for a facility in a strategic location, this location is strategic as it is close to a big wheat farm with an option of a long term renewal on agreed terms and conditions that is favourable to us. We have sought and acquired government approval for the kind of business we want to run and it is easy to access this reason was deliberate as it would facilitate easy movement of raw materials (wheat grains and packaging materials e.t.c) and ﬁnished products (well-packaged wheat ﬂour). We are in the wheat ﬂour mill production business to engage in processing, packaging and retailing wheat ﬂour. We are also in business to make proﬁts at the same to give our customers value for their money; we want to give people and businesses who patronize our well – packaged wheat ﬂour the opportunity to be part of the success story of Labake Wheat Flour Production Company.
We are aware that there are several big scale and small scale wheat ﬂour mill production companies scattered all around Nigeria whose products can be found in every corner of the country, which is why we spent time and resources to conduct our feasibility studies and survey the market so as to enable us to situate the business in an area that will ensure the support of the ascent of the business and also for us to be able to add much more value more than our market rivals will be offering. Our facility is easy to locate as we ensured that, and we have designed plans to create a wide distribution network for wholesalers all around Lagos and across Nigeria.
Much more than producing healthy, well processed and well-packaged wheat ﬂour, our customer care is going to be second to none. We know that our customers are the reason why we are in business which is why we will go the extra mile to get them satisﬁed when they visit to purchase our wheat ﬂour warehouse and also to become our loyal customers and ambassadors. Labake Wheat Flour Production Company will ensure that all her customers (wholesale distributors) are given ﬁrst class treatment whenever they visit our ﬂour mill or warehouse. We have a CRM software that will ease the task of managing a one on one relationship with our customers (wholesale distributors) no matter how large the numbers of our customer base may grow to. We will ensure that we get our customers involved when making some business decisions that may affect them directly or indirectly. Labake Wheat Flour Production Company will be owned and managed by Labake and his immediate family members, it may be tagged as a family business.
Labake who is the Chief Executive Oﬃcer of the Company is Graduate of Micro Biology (B.Sc.) and he holds a Master’s Degree in Business Management (MBA). She has well over 15 years of experience working in related industry as a senior manager prior to starting Labake Wheat Flour Production Company. She will be working with a team of professionals to build the business and grow it to enviable heights.
2.0. Our Product Offering
Labake Wheat Flour Production Company is going to operate a standard and licensed wheat ﬂour mill production company whose products will not only be sold locally but also across the federation. We are in this line of business to generate proﬁts and also to give our customers value, not only in form of goods, in exchange for the money. We are going to do all that is permitted by the law of the land to achieve our business aim and ambition. Our product offering will be;
Processing, packaging and retailing wheat ﬂour in commercial quantities
3.0. Our Vision Statement
Our vision is to create a standard Wheat Flour Production Company whose products will not only be sold in Lagos but also throughout the Country.
4.0. Our Mission Statement
Our mission is to establish a standard and world-class Wheat Flour Mill Production Company that in our own capacity will favourably compete with leaders in the industry. We want to build a wheat ﬂour mill production business that will be listed amongst the top 10 wheat ﬂour mill brands in West Africa
5.0. Our Business Structure
Labake Wheat Flour Production Company is a business that is established with the aim of competing favourably with other leading wheat ﬂour brands in the country. This is why we will ensure that we put the right structure in place that will support the kind of growth that we have in mind while setting up the business.
We will ensure that we hire qualified individuals, that are defined by honesty and hard work, that are concerned about the customers and are willing to work to help us put together a prosperous business that will beneﬁt all the stakeholders (the owners, workforce, and customers). As a matter of fact, a proﬁt-sharing arrangement will be made exclusively for all senior management staff and it will be based on their performance and attitude to work for a stipulated period, maybe of ﬁve years or more, depending on how fast we meet our set target. In view of that, we have decided to hire qualiﬁed and competent hands to be on deck for the following positions;
- Chief Executive Oﬃcer (Owner)
- Plant Manager
- Human Resources and Admin Manager
- Merchandise Manager
- Sales and Marketing Manager
- Machine Operators
- Accountants / Cashiers
- Distribution Truck Drivers
How To Download The Full Wheat Flour Mill Business Plan Template PDF (with financial analysis)
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