Cassava, a species of small-stature perennial shrub or woody multi-stemmed tree in the family Euphorbiaceae, is native to the tropical regions of South America. It is a low-maintenance plant which helps lessen the workload of people farming in developing countries. Cassava can be cultivated under adverse conditions such as in poor soils and during drought periods. The plant cannot grow well at all in acidic soils, arid and uncultivated terrain. A yield of 100 t/ha has been recorded when tap roots are cut into chunks and planted in furrows at intervals of 2 m and intercropped with maize during April-May every year (Simmons 2004).
Business plan for cassava farming
The business plan for cassava farming pdf is a document that identifies the business goals and objectives, provides information on the company structure and management team, gives an overview of the market and competition, provides financial forecasts, and presents relevant financial ratios. The plan should be written in a professional manner and should include all relevant information.
The business plan for cassava farming in nigeria pdf is a document that identifies the business goals and objectives, provides information on the company structure and management team, gives an overview of the market and competition, provides financial forecasts, and presents relevant financial ratios. The plan should be written in a professional manner and should include all relevant information.
The business plan for cassava farming in nigeria pdf is a document that identifies the business goals and objectives, provides information on the company structure and management team, gives an overview of the market and competition, provides financial forecasts, and presents relevant financial ratios. The plan should be written in a professional manner and should include all relevant information.
Business Plan for Cassava Farming in Nigeria
A business plan is a written document that describes the objectives of a business, its strategies and the financial and human resources required to achieve them. It also includes the background information on the company or entrepreneur. An entrepreneur is a person who organizes, manages and assumes the risks of a business or enterprise. A business plan helps an entrepreneur to develop his/her idea into a reality by clearly defining the scope of operations and creating a roadmap for achieving success. In this article, we will be discussing about how you can write a business plan for your cassava farming business.
There are several factors that one must consider before starting cassava farming:
1. Location: The location where you want to set up your farm should be carefully selected because it determines whether your venture will be successful or not. You should choose an area with good soil fertility and adequate water supply as these two factors are essential for cassava farming.
2. Capital: You will require sufficient capital for buying seeds, planting materials and other farm equipment like tractors, harvesters etc., which may not be available from banks so you may have to borrow cash from friends or family members or even raise funds through crowdfunding sites like kickstarter
The following are some of the contents you would find in a cassava farming business plan.
1. Executive Summary
2. Company Description
3. Company History and Management Team
4. Market Analysis: Covers both local and international markets including market size, demand, competition, and future growth potential. It also provides analysis on the strengths and weaknesses of the company along with SWOT analysis. The SWOT analysis will help you to identify your strengths, weaknesses, opportunities and threats (SWOT analysis).
5. Marketing Strategy: You should include a comprehensive marketing strategy in the business plan which will help you to sell your products or services to customers at an affordable price and at a competitive advantage over other competitors in the market place. Your marketing strategy must cover all channels for product distribution including online marketing channels such as SEO, PPC advertising etc.. In addition to this you should also include a pricing strategy for your products or services that will allow you to have a competitive advantage over other competitors in the market place. An important part of your marketing strategy is price determination method which includes cost-based pricing method like cost-plus pricing method; competitor based pricing method; value based pricing method; customer based pricing
Cassava farming is one of the most important economic growth in Nigeria. Cassava is a drought tolerant crop that can be grown in any part of the country. The production of cassava has been on the increase over the years and its demand far exceeds supply due to its versatility and high nutritional value. As a result, many people are now investing in cassava cultivation as it is profitable and fast growing.
The cassava plant is harvested after four to six months, depending on the variety and size of tuber produced by each plant. Cassava is harvested with a puller machine or cut manually with a machete or knife. After harvesting, the roots are washed before being dried in the sun for two days before being sold to consumers or traders at local markets or directly to factories for processing into gari (dried cassava flakes) or starch (a powder made from dried cassava roots).
A business plan is a document that describes the background of the business, its financial needs, and how the money will be used. It also includes other pertinent information such as the management team, the company’s financial projections, and how the company plans to grow over time.
There are many types of business plans. The most common type is a startup business plan for a new venture, but there are also other types of business plans for existing businesses that need to expand or modify their operations.
A startup business plan covers all aspects of launching a new company from scratch. These include:
What market you’re targeting
How much money you need to get started
How you’ll use it (i.e., for marketing, equipment purchases)
Who your competition is (if any) and how their offerings compare with yours (in terms of price and quality)
Your unique selling proposition (USP): what makes your company stand out from competitors? For example, if you have an innovative product or service that no one else offers in your industry or geographic area.