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Rice Farming Business Plan in Nigeria

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Rice Farming Business Plan in Nigeria– Rice Farming And Processing Business Plan in Nigeria.  It was discovered that the amount of people in Nigeria that are going into agriculture are very low, but agriculture is among the largest and lucrative sector in the country. Agriculture is very ecclesial to the world because no country can survive without agricultural production. it has been seen as one of the means economies can be increase. We all know that food is basic need to humans and in Nigeria rice is one of the most important foods and some Asia countries like South Korea China North Korea Indonesia they all value rice.

In Nigeria rice is the third most popular crop consumption every family in the country cannot stay a week without eating rice, and in every event in the country rice is always in the Menu, The most time in the country that rice is consumed the most is during festive period rice is highly demanded. After making some research report shown that there are families in Nigeria that cannot live without eating rice in a week. People who make a discussion to go into Rice Farming/ Processing Business has made a valuable decision because the commodity is for anyone both rich and poor, this has made the demand not seasonal.

This Business Plan has been recently been updated and with it, it can be use for application of loans, win investors, get grant, and it can be use for competition

 

RICE FARMING AND PROCESSING BUSINESS PLAN IN NIGERIA LATEST EDITION. Place an order, by paying N10,000 to

FIRST BANK

Account Name – Oliver Uwadia

Account No – 3094192129

After you made payment sms your name, your e-mail address and payment details to 08107015636 and you’ll receive your the Rice Farming and Processing Business Plan In your email address.

Anyone who decide to go into Rice production he has given themselves a very lucrative way to make profit as long as they know the rules on how it is done. Report from Nigeria federal government states that Nigerian consume about five to six (5-6) million tons of rice yearly. With this search report shown the important of rice and because of this the Local production of rice is unable to satisfy the increase demand of rice. so the federal Government has been importing about 1.8million tons of rice yearly.

Some Factors to Consider Before Going Into Rice Farming

When To Plant Rice

Many people have there different say on Rice planting and production and they all are accurate. Rice planting is best planted at mid March to mid April. After the planting of rice it will only take 4 months before harvest. When rice changes its color from green to brown you should know that it is now ready for harvest.

Land

Rice farming is different from other farm products, when you decide to go into rice farming you should know that rice requires swampy land that have lot of water. Although rice can grow in any kind of land but it has been proven that it grows best in a swampy land. That’s why when ever an individual who want to go into rice farming always take their time to carry out some serious irrigation before they start planting rice.

Rice seed

Before an individual who decide to go into rice farming should know that the most important things is the Rice Seed. Before you go into Rice production i would advise you to select very healthy rice seed. Seed that has the ability to grow well the moment the seed has been planted. That’s why it is not advisable to do a random selection of rice seed because it can lend to a very poor harvest and low returns.

Hauling Mill

Like we said above rice can take up to four months before it can be ready for harvest. o it is very important that you are ready for the harvest after four months, so by preparing you should or you will need to get hauling mill that will be use to separate the rice from the haul. This process requires the separation of rice from the haul and blowing the haul away.

Parboiling

This process is required in rice farming before you pack the rice for distribution

Sun and Dry the Rice

Sunlight is very important to rice production because before hauling farmers need to sun and dry the rice in other to make it easy for hauling to take place. This is an easy stage to rice production, the process required just placing the rice directly under the sun and allows it to dry. This process take the period of 3-4 days.

Packaging

This step requires putting the rice in a bag or any packing means the individual chooses to use.
But any means they choose for packaging it is advisable that it contain office address, phone number, name of company of the business. With this it becomes easy for customers to reach you and it makes your product unique.

Knowledge

No knowledge is waste so at this point you are advice to attend rice production seminars/workshop; this will help you grow your business and increase you production.

RICE FARMING AND PROCESSING BUSINESS PLAN IN NIGERIA TABLE OF CONTENT

  • EXECUTIVE SUMMARY
  • BUSINESS OVERVIEW
  • THE BUSINESS OPPORTUNITY
  • THE MARKET
  • THE COMPETITION
  • THE MARKETING STRATEGY
  • THE MANAGEMENT TEAM
  • 1 THE BUSINESS
  • 1.2 VISION STATEMENT
  • 1.3 MISSION STATEMENT
  • 1.4 VALUES AND PRINCIPLES
  • 2.0 EXTERNAL ENVIRONMENT ANALYSIS
  • 2.1 POLITICAL
  • 2.2 ECONOMIC
  • 2.3 SOCIAL
  • 2.4 TECHNOLOGICAL
  • 2.5 LEGISLATIVE
  • 2.6 ENVIRONMENTAL
  • 3.0 INDUSTRY ANALYSIS
  • 3.1 OVERVIEW
  • 3.2 MAJOR PLAYERS IN THE INDUSTRY
  • 3.3 BARRIERS TO ENTRY
  • 3.4 KEY SUCCESS FACTORS
  • 4.0 MARKET ANALYSIS
  • 4.1 MARKET SEGMENTS
  • 4.1.1 INDIVIDUALS
  • 4.1.2 BUSINESSES
  • 4.2 NEEDS AND PREFERENCES
  • 4.2.1 INDIVIDUALS
  • 4.2.2 BUSINESSES
  • 4.3 TARGET MARKET
  • 5. COMPETITION ANALYSIS
  • 5.1 DIRECT COMPETITION
  • 5.1.1 ABC CAR WASH SERVICES
  • 5.1.1.1 ADVANTAGES
  • 5.1.1.2 DISADVANTAGES
  • 5.2 INDIRECT COMPETITION
  • 6. INTERNAL ENVIRONMENT ANALYSIS
  • 7. SWOT ANALYSIS
  • 7.1 STRENGTHS
  • 7.2 WEAKNESSES
  • 7.3 OPPORTUNITIES
  • 7.4 THREATS
  • 7.5 ACTIONS TO BE TAKEN
  • 8. BUSINESS STRATEGY
  • 8.1 LONG TERM STRATEGIES
  • 8.2 MEDIUM TERM STRATEGIES
  • 8.3 SHORT TERM STRATEGIES
  • 8.4 FUNCTIONAL STRATEGIES
  • 8.4.1 FINANCIAL STRATEGIES
  • 8.4.2 MARKETING STRATEGIES
  • 8.4.3 OPERATIONAL STRATEGIES
  • 8.4.4 LEARNING AND DEVELOPMENT STRATEGIES
  • 9.0 MARKETING PLAN AND STRATEGY
  • 9.1 MARKETING AVENUES FOR THE CAR WASH BUSINESS
  • 9.1.1 ADVERTISING AND PROMOTION
  • 9.1.2 DIRECT MAILING
  • 9.1.3 NEWS LETTERS\
  • 9.1.4 MAJOR BILLBOARD/ SIGNAGE
  • 9.1.5 DIRECTORY LISTINGS
  • 9.1.6 BUSINESS WEBSITE
  • 9.1.7 OTHER MARKETING AVENUES
  • 9.2 PRICING
  • 9.2.1 EXTERIOR CLEANING
  • 9.2.2 INTERIOR CLEANING
  • 10. HUMAN RESOURCE PLAN
  • 10.1 ORGANIZATIONAL STRUCTURE
  • 10.2 ROLES AND RESPONSIBILITIES
  • 10.2.1 GENERAL MANAGER
  • 10.2.2 FINANCE AND ADMINISTRATION OFFICER
  • 10.2.3 SALES AND MARKETING OFFICER
  • 10.2.4 CLEANING SUPERVISOR (EXTERIOR CLEANING)
  • 10.2.5 CLEANING SUPERVISOR (INTERIOR CLEANING)
  • 11. TECHNICAL AND OPERATIONAL PLAN
  • 11.1 LAYOUT OF THE BUSINESS PREMISES
  • 11.2.1 MANAGEMENT INFORMATION SYSTEM
  • 11.2.2 ACCOUNTING SYSTEM
  • 11.2.3 PERFORMANCE MANAGEMENT SYSTEM
  • 11.3 INTERNAL CONTROLS
  • 11.3.1 RECEIPTS
  • 11.3.2 PAYMENTS
  • 11.3.3 REVENUE RECEIVED
  • 12. MONITORING AND EVALUATION PLAN
  • 13. FINANCIAL PLAN AND STRATEGY
  • 13.1 ASSUMPTIONS
  • 13.2 CAPITAL EXPENDITURE
  • 13.3 AVERAGE MONTHLY COST – CLEANING MATERIAL AND CHEMICALS
  • 13.4 AVERAGE MONTHLY OPERATING EXPENDITURE
  • 13.5 CASH FLOW FORECAST
  • 13.6 INCOME STATEMENT FORECAST
  • 13.7 BALANCE SHEET FORECAST
  • 13.8 RATIO ANALYSIS
  • 13.9 BREAK EVEN ANALYSIS
  • 13.10 SENSITIVITY ANALYSIS
  • 14. RISKS AND ISSUES
  • 15. ACTION PLAN

Get A Rice Farming Business Plan

For a business to success it need a plan that’s why it is very important for a business should have a business plan, so it is very imperative for you to carry out a business plan in other to consider factors such as;

Capital: How much do I need to start this business. The capital for starting rice business is very expensive, it runs to millions of naira but loans can be gotten from government. You consider getting loans if you don’t have it.

Clients: Starting a business is one thing getting customers is another thing so in a business plan you should know where you can find customers. Although customers are everywhere of business but how to get them on your side matters.

Site/location: The Business plan will direct you on where you can locate your farm, it will help you answers such question how do I starts?.

Type Of Rice To Produce

In Nigeria we have seen every state has started going into rice farming because they know the important of it and they have chosen the right type of rice depending on their land, and also their climate weather conditions. Example of such states and their different rice type:

Ebonyi State: Ebonyi rice

Kano State: UMZA rice

Ogun State: Prada rice

Niger State: Mama happy rice

Anambra State: Anambra rice

Ekiti State: Igbemo rice

Edo State: Ekpoma Rice

Equipment

Employees

Distributors

Goals for the year

Innovations

This Rice Farming And Processing Business Plan In Nigeria has been recently updated and can be used to access loans from Banks, write proposal and apply for grant. Expect has complied this business plan after a thorough feasibility study on Rice farming business in Nigeria.

RICE FARMING AND PROCESSING BUSINESS PLAN IN NIGERIA LATEST EDITION. Place an order, by paying N10,000 to

First Bank

Account Name- Oliver Uwadia

Account No- 3094192129

After payment is made sms your name, your e-mail address and payment details to 08107015636 and you will receive your soft copy in your email 

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