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This article comes with a free business plan outline for the potato Chips production business in Nigeria.
Introduction
The potato chip is a snack that is commonly seen and enjoyed in the country, the southwestern part especially. This savory can actually be a profitable venture if the production is executed on a large scale with the aim of making profit.
And also the demand of this snack is not fixed and targeted like many other snacks, but it is known to be consumed largely by the population, hence, we can say the demand is high and due to this high demand of the generation of income is inevitable if all necessary strategies to ensure sales are carried out.
This business can be set up on a shoestring budget as the need to rent a space is not really pressing, and the equipment needed to carry out the production of the snack can be acquired without breaking the bank, hence we can say this business is not capital intensive.
Capital
As said earlier, this business is not capital intensive, and the raw material needed to for this business along with the reagents needed to transform it to its consumable product can be soured easily. A production cycle that can yield up to 500 packs will cost between 7,000 – 10,000. The cost of the potato tubers, vegetable oil, fuel and packaging materials is factored into this amount, excluding the cost of the equipment.
IS POTATO CHIPS BUSINESS PROFITABLE
A pack of potato chips costs as low as #50 and 500 packs will generate a return of #25,000, #15,000 or more is gotten as profit.
A. Startup Requirements
Starting a business will need some requirements, and the potato chips production business is not left out too. Check this list of requirements and steps to take;
B. EQUIPMENT REQUIRED
Potato chips cutter or sharp table knife
Big fry pan
Portable electrical Nylon sealing machine
A gas burner or kerosene stove
Weighing scale
C. MATERIAL FOR PRODUCTION
Raw potatoes tuber
Vegetable Oil
Table salt
Sugar
D. MARKETING OF YOUR POTATO CHIPS BUSINESS
Face to face marketing will be a good marketing strategy for a business on a scale as small as this. Meeting up with store owners, market women and places of mass gathering will be enough to get all the goods sold.
The product name, email address, and phone numbers should also be made legible on your package so it will be easy for you to get contacted by those who would be interested in distributing your work.
Conclusion
Now that you know How to Start a Potato Chips business In Nigeria and that it can be a very lucrative business. If all due steps are taken and backed with diligence, hard work, and patience, your potato business will surely thrive.
How To Download The POTATO CHIPS PRODUCTION BUSINESS PLAN Template in Nigeria PDF and Doc
Above is a part of the potato chips production business plan template in Nigerian. In case you the complete business plan, follow the procedures to download it.
Pay the sum of N8000 (eight thousand naira only)to the account detail below:
Bank: GTBank
Name: Oyewole Abidemi (I am putting my name and not our company account so you know I am real and you can trust me, and trace me)
Ac/No: 0238933625
Type: Saving
P.S: We can also tailor the business plan to your name, business size, capital requirements, and more to fit your direct needs. Call or message +234 701 754 2853 for enquiries
Thereafter, send us your email address through text message to +234 701 754 2853. The text must contain the title of the business plan you want and also your email address. Immediately after the confirmation of your payment, we will send the Complete potato chips production Business Plan in Nigeria to your email address where you can easily download it.
