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| Business Plan Shortlist. Image Courtesy: shockwaveinnovations.com |
Here is a
shortlist of sample business plans written for the Nigerian market. They merely
convey a preview of business plan samples I have prepared and written over the
last three or so years. Some of them may offer you actionable insights without
much details whereas others are skeletal presentations that can only be exploited
upon proper
List of 11 Sample Nigerian Business Plans
This sample
business plan asks only one question – how lucrative is the sharwarma stand
business? The answer is – it is highly lucrative and the breakdown of this
article explains why and how one can harness the power of this product to smile
to the bank.
At
least 360,000 people visited Nigeria in 2017 for business and most of them have
a budget to cover their stay while here in Nigeria. Part of that budget would
go into airport shuttle service and car hire which many hotels have taken
advantage of. Once you arrive in Nigeria as a visitor and have booked a hotel
to stay in, naturally you’d enquire about cab services within the city you’re
visiting but not all hotels can provide this service and even those who can may
charge much or may want to focus on providing core hotel services that they’ll
rather outsource the service to more competent companies.
The Nylon sachet
water or more commonly called Pure water Business is highly competitive with
very little profit margin and high operating costs. The startup requirements are
not tedious hence why there are so many operators but the payoff is huge for businesses
that can either scale up or guarantee steady flow of their products through
their supply chain. Demand is all year but operating costs is also high.
My
research into the pharmacy store business shows that on average the middle
class customer spends N18,000 per annum on medication and medical supplements
and we are talking of about 44 million strong individuals (if we include the
health and dietary needs of father, mother and children). This means that the
market can generate at least N792 billion per annum just from the middle class
alone. Incidentally there are fewer than 12,000 pharmacy retail stores in
Nigeria which means there is a lot of room for new entrants to compete in this
market.
Home and
office space rental business is changing very fast because of affordable internet
services and the changing lifestyles of working class residents in urban areas.
People’s needs for affordable homes is now being served better with digital
marketing which will position savvy real estate agencies with constant flow of
leads and very qualified prospects to do business with.
The creche
and daycare service business is one of the most prolific and most sought-after
businesses among women. But there are many issues to know before setting up
such as; start up requirements, legislation and policy requirements, registration
and licensing requirements, market trends and current practices among others. Though
not covered in this sample business plan, it is still summarized guide to
follow.
The market
for baby products in Nigeria is booming because in 2017 alone over 6 million
babies were born nationwide. Granted most of them were in rural areas but the
urban centers account for over 2.5 million of them. Nigerian women are very fertile
giving birth at least 4 times in their lifetime which means there will always
be a market for the products but their lifestyles and the economy is changing, so
too is the marketing strategy to identify and satisfy their needs. How can
businesses engaged in baby products benefit from these new opportunities?
The booming
market for affordable and decent housing in Nigeria has been ignored for a very
long time due to policy and prevailing economic realities. But there exist
opportunities to engage the teeming market with decent and very affordable
housing in strategic locations.
The market
for furniture making and retailing is slightly analyzed in this article. The opportunities
and must know for investors looking to key into this market are explored in
detail. A mini financial projection also provided.
This
business plan covers key market issues and opportunities affecting the downstream
sector of the petroleum industry. A little advice on how to setup and a basic
financial projection of sales, profit and loss and possible payback period.
A miniature
business plan sample which captures some key market issues and opportunities in
bakery setup in Nigeria and a very basic financial summary for you to peruse.
Other
Useful Nigerian Business Plan Guides
Many times people
looking for business plans especially here in Nigeria have a tendency to go
online to download a sample business plan format to guide them in writing a business plan. Along the
line they discover two problems namely; that those online business plans are
written for businesses in other countries and do not have realistic or
comparable factors which would make them viable in Nigeria. On the other
hand finding the right business plan writer in Nigeria has its own risks as
well
Why do I
need a business plan? Where can I get a professionally written business plan?
What Should I look out for in a professionally written business plan? These and
more answered.
Want to write
a professional standard business plan that is bankable? Give me a call or 0803 206 4106 email
me: paulonwueme@gmail.com to get
started
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