8/6/2021 AGSMEIS

BUSINESS PLAN

OBAYOMI & SONS FARMS

Prepared by: JAMES OBAYOMI

Olorunmola15@gmail.com Powered by:

08077956090

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Personal Details (Biodata)

USER ID: BIZ PLAN WRITEUP OID:

fdd06b68-d00a-4583-acf5-733485d8a344 441931

SURNAME: OTHER NAMES:

JAMES OBAYOMI

CERTIFICATE CODE: GENDER:

0002169 MALE

STATE OF RESIDENCE: HOME ADDRESS:

FCT No 1 Nana St dutse zone1

PHONE NUMBER: STATE OF ORIGIN:

08077956090 Kogi

EMAIL ADDRESS: BVN:

Olorunmola15@gmail.com 22307550912

PREFERRED NIRSAL BRANCH:

AREA 10 - (NIPOST OFFICE, AREA 10, GARKI, ABUJA )

Business Information
BUSINESS NAME: BUSINESS ADDRESS:

OBAYOMI & SONS FARMS PLOT 405 CADESTRAL ZONE,GWAGWALADA,ABUJA

BUSINESS EMAIL: BUSINESS PHONE NO:

olorunmola15@gmail.com 08077956090

BANK NAME:
WEBSITE:
GTBANK

GENDER: BUSINESS LOCATION:

MALE FCT

BUSINESS ACCOUNT NO: BUSINESS SECTOR:

0006953185 AGRICULTURE

BUSINESS SUBSECTOR: BUSINESS STAGE:

Poultry and livestock Startup

YEARS OF OPERATIONS: OWNERSHIP TYPE:

1 Sole Proprietorship

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VISION STATEMENT: MISSION STATEMENT:

TO BE AMONGST THE FEW SUPPLIERS OF FRESH EGGS AND TO FEED NIGERIA AND REDUCE UNEMPLOYMENT.
CHICKEN IN ABUJA AND NIGERIA AT LARGE

VALUE PROPOSITION: BUSINESS DESCRIPTION:

HIGH VALUE ON RETURNS TRAINING DAY OLD CHICKS TO POINT OF LAY AND WE SELL OF
THE EGGS FOR PROFIT MAKING.

BUSINESS OBJECTIVES:
TO HAVE EGG SALES POINT AT EVRY POINT IN ABUJA

Equipment List

Description Quantity Unit Price (₦) Total Amount (₦)

NEW CAGES FOR BIRDS 10 100,000 1,000,000

DELIVERY TRUCK 1 600,000 600,000

BOREHOLE DRILLING 1 400,000 400,000

₦ 1,100,000 ₦ 2,000,000

Working Capital List

Description Category Quantity Amount (₦) Total Amount (₦)

DAY OLD CHICKS Raw Material 1000 500 500,000

FEEDS FOR THREE

Raw Material 60 7,000 420,000
MONTHS

₦ 7,500 ₦ 920,000

Product and Services

Monthly Production % Direct Labour % Material Used

Description Cost Prices (₦) Sales Price (₦)
Capacity Percent Percent

LAYERS EGGS 3000 600 1,400 69 31

Assets List

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Year of
Asset Name Life Span Purchase Price (₦) Asset Value (₦)
Purchase

CAGES 2019 5 170,000 130,000

₦ 130,000

Competition Analysis

Competitor Sale Price

Home Product Competitor Product Home Sale Price (₦) Price Difference (₦)
(₦)

LAYERS CHICKEN EGGS LAYERS CHICKEN EGGS 1,300 1,400 -100

₦ -100

Management Plan

Line Type Full Name Responsibility Allowance (₦)

MONITORS THE WHOLE AFFAIRS OF THE FARM

Employee FARM MANAGER 50,000
INCLUDING SALES AND MARKETING

TAKES CARE OF THE FEEDING,MEDICATION E.T.C

Employee FARM STAFFS OF THE BIRDS AND ALL OTHER DUTIES WHERE 30,000
NECESSARY

₦ 80,000

Loan Information
LOAN START DATE: MONTHS OF REPAYMENT:

2022-01-07 72

MORATORIUM: FIRST REF NAME:

12 Engr Dare Fiki

FIRST REF PHONE NO: FIRST REF ADDRESS:

08050724341 Katampe ABUJA

SECOND REF NAME: SECOND REF PHONE NO:

Kayode olonishuwai 08033568280

SECOND REF ADDRESS:

LOAN AMOUNT:
Jahi Abuja

TERMINATION DATE:

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SWOT Analysis
STRENGTHS WEAKNESSES
1. High profit on investment
1. Rising cost of feed

2. Opportunity to open new farms

2. Rising cost of Birds

3. Direct contact to customers 3. High mortality rate

OPPORTUNITIES THREATS
1. Employment opportunities
1. Sickness and Diseases

2. High market demand for eggs and meat

2. mortality rate

3. All-round year demand for eggs 3. High competition among farmer's

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