Business Plan on Bakery Factory - 1405 Words

BUSINESS PLAN FO R CHISARA BAKERY AND CONFECTIONARIES INDUSTRY Name of business: Chisara Bakery and confectionaries Type of business: Sole proprietorship Vision statement Chisara bakery and confectionaries would be organized as a sole proprietorship which intends to become the major producer and distributor of assorted chin chin and other such pastries at MICHAEL OKPARA UNIVERSITY OF AGRICULTURE UMUDIKE and its surrounding communities by the year 2015. The business is expected to grow rapidly to assume a significant position in the NIGERIAN bakery market within the next four years. In the medium to long term, Onyibest Bakery and confectionaries is expected to make much profit to be able to support the running expenses of the†¦show more content†¦The community has six nearby surrounding towns with almost the same demographic features. Currently, there is no baking firm at Michael Okpara University of Agriculture Umudike and its environs making the enterprise a new venture with a very high potential for rapid growth and business development. The consumer demand for chin chin in the area is very high as the low income groups look out for cheap and a more affordable source of snacks. The vast unemployed youth in the area will help reduce labour cost and influence business profitability positive as the business expands. Marketing and Business Expansion Plan Management of Onyibest Bakery and confectionaries would identify all retail sellers of chin chin at Michael Okpara University of Agriculture Umudike and its environs and supply them daily at more appealing rates. The business would carve for itself a good image and goodwill through constant and unceasing daily supply to its retail partners for a continuous business growth and development. The enterprise as part of its expansion plans intends to open up to large wholesale chin chin dealers mostly at National Root Crops Research Institutes, the district capital and later to other chin chin dealers in Abia State, the regional capital after one year of being in operation. The business would also establish supply links with the three boarding schools around the area as a means ofShow MoreRelatedFeasibility Analysis Of Arnold Bakerys Business Impact Analysis Report701 Words   |  3 PagesBakery’s Business Impact Analysis Report The proposed electronic records system is the solution Arnold Bakery has been waiting for because the ingenious move to electronically capture all company records, will transform all operations at Arnold Bakery by increasing efficiency and effectiveness within Arnold Bakery. The designed feasibility analysis aims at explaining to all stakeholders of Arnold Bakery the importance of implementing this new proposed project. 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