AGRIBUSINESS PROPOSAL


AGRIBUSINESS PROPOSAL

Postby LEKEFARMS » 2016-07-03 17:06

:arrow: AGRIBUSINESS PROPOSAL ON 100,000 AND 1ACRE OF LAND

EXECUTIVE SUMMARY
The name of the company would be LEKE Farms; Cassava, Maize and Plantain production would be carried out via the planting of cassava and maize as intercrop and sole planting of plantain.
An acre of land which equals to 6plots will be used where 4plots will be apportioned to the intercrop of maize and cassava while the remaining 2plots will be used for plantain.
This 6acres will be assumed to be used for a period of 2years incurring an expenses of 100,000.

IN THE FIRST YEAR;

PRE-PLANTING OPERATIONS will be done using tractor services twice, first for land clearing and ploughing and second recall of tractor service for ridging after 2 weeks to allow green leaves cleared to decay.
PLANTING OPERATIONS will be carried out as well as purchase of planting stocks (improved maize seeds, hybrid cassava stem and hybrid plantain suckers). Plantain suckers will be purchased; hybrid cassava stems cuttings(TME419) and improved maize seed and maize seed dressing using Apron Plus.
POST-PLANTING OPERATIONS will be carried out which includes Thinning, Supplying, Fertilizer Application, Weeding, Harvesting as well as Marketing/Sales.

Expenses for each operation are:
Pre-planting Operation. - 16,000
Planting Operation. - 36,400
Post-planting Operation - 47,600
Total. - 100,000

Income to be realized upon sales
Maize. - 90,000
Plantain. - 100,000
Cassava. - 105,000
Total. - 295,000

PROFIT = Total Income – Total Expenses
(295,000 – 100,000)
= 195,000

IN THE SECOND YEAR;

Expenses for each operation are:
Pre-planting Operation. - 16,000
Planting Operation. - 12,000
Post-planting Operation. - 41,000
Total. - 69,000

Income to be realized upon sales
Maize. - 90,000
Plantain. - 100,000
Cassava. - 105,000
Total. - 295,000

PROFIT= Total Income – Total Expenses
(295,000 – 69,000)
= 226,000

After 2years

TOTAL INCOME. - 590,000
TOTAL EXPENSES. - 169,000
TOTAL PROFIT. - 421,000

PRODUCTS AND SERVICES
LEKE Farms is involved in Cassava Production, Maize Production, Plantain Production and Marketing to Nigeria Market. The farm would serve as source of Raw Materials for industries into production of different types and forms of high quality produce.

FINANCIAL PLAN
LEKE Farms plan to incur a total expense of 100,000 at year 1 with income of 295,000 giving a profit margin of 195,000.
An expense of 69,000 will be incurred at year 2 with an income of 295,000, giving a profit margin of 226,000.
At the end of both year Profit Margin after deduction of expenses will be 421,000.

MARKET ANALYSIS
The market analysis carried out shows that there are several domestic market opportunities for cassava, maize and plantain.

MARKETING AND SALES
Domestic market for cassava range from cassava as fast foods, snack foods and as convenience food for human; cassava would be sold to companies producing cassava flour now used as wheat flour substitute in Nigeria; as well as those that process as starch, chips, glucose, solvents, explosives, animal feeds, fertilizers and alcohol industries.
There is a major gap in the supply-demand of maize and plantain; the total demand for corn in Nigeria is forecast at 1.8million tons and at present the demand for Nigeria Corn and Plantain is all year round while there is shortage of sellers.

FARM STRUCTURE
Mr. Adeniji Adeleke with Bachelor in Agriculture (in view) will be the farm manager and he will work with 4 other labourers on contract base and the labourers service will only be called upon when needed.

APPENDIX/REFERENCE
http://www.royalfarmproduce.com , http://www.practicalbusinessideas.com , http://www.plantainfarming.blogspot.nl , http://www.wealthresult.com/2013/08/pla ... in-nigeria , http://www.panadoc.com/budget-proposal-template.

NOTE: A FULL VERSION OF THE PROPOSAL WILL BE PRESENTED UPON REQUEST.
LEKEFARMS
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Posts: 50
Joined: 2015-12-27 19:42


Re: AGRIBUSINESS PROPOSAL

Postby femtouch » 2016-07-06 12:59

We need link to the video file
Femtouch
femtouch
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Posts: 233
Joined: 2015-12-06 22:27





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