Bus

ines
sPl
an
PREPAREDNOVEMBER,2021

Abl
uepr
int Present
edto:SkyCapti
al
f
orr
unni
ngourbus
ines
s. Through:T
heNextTi
tanAcademy
TABLEOFCONTENTS

Ex
ecut
iveS
ummar
y -1
I
ntr
oduct
ion -2
T
hePr
oduct -3
T
argetI
ndus
try -4
Compet
it
ion -5
S
WOTanal
ysi
s -6
Oper
ati
onspl
an -7
Mar
ket
ingpl
an -8
Management -9
F
inanci
alpl
an -10
Par
tner
shi
ps -11
Concl
usi
on -12
 EXECUTI
VESUMMARY

T
hisbus
ines
spl
anex
ami
nesKpokot
afar
msor
gani
zat
ionandt
hei
nves
tmentpos
si
-
bi
l
it
iesi
nthecompany.Wi
thS
ky-
Capi
tal
sex
pres
sdes
ir
etof
und t
hebus
ines
swi
th
t
heobj
ect
iveofes
tabl
i
shi
ngpar
tner
shi
psandpr
omot
ingt
heent
repr
eneur
ial
spi
ri
t,
Kpokot
afar
ms,aNi
ger
ianagr
o-companybui
l
dsas
oyabeanspl
ant
ing-
har
ves
ti
ng-
ands
ell
i
ngB2Bbus
ines
s.F
ort
his
,Epei
sthef
arm hous
ewi
thapr
oject
eds
tar
t-
upof
10hect
aresofl
and;t
hechoi
ceofl
ocat
ioni
stheavai
l
abi
l
it
yofl
oamys
oil
,themod-
er
ateweat
hercondi
ti
on,near
nes
stowat
er,andt
hel
argel
andsf
orf
armi
ngand
t
hemar
ket
.Thebus
ines
sispr
emi
sedon3cycl
esofpl
ant
ing-
to-
har
ves
ti
ngi
nayear
(
3mont
hspercycl
e)wi
thanannual
sal
eof24,
300,
000.Wi
thpar
tner
shi
psbot
her
ing
ons
oil
,tr
act
ors
,manur
e,andt
hemar
ket
,andl
and,andl
ogi
st
ics
,Kpokot
afar
msi
s
anagr
oent
erpr
is
eopent
ofi
nanci
alcr
edi
tst
ofundt
hebus
ines
s,andbui
l
davi
abl
e
bus
ines
ssol
vi
ng heal
thi
ss
uesi
nsub-
Sahar
a Af
ri
ca,and meet
ing t
hedemandsof
t
he17S
ust
ainabl
edevel
opmentgoal
s.

01
I
NTRODUCTI
ON

I
ndus
tryOver
view Onet hingiscer t
ainwheni tcomest ocommer cialsoybean
far
mi ng.Ifyouar eabl etoconductyourmar ketr esearch
Farmersinthes oybeanf armingindustr
ypri
mar i
lygrow s
oy- andf eas i
bil
it
ys t
udiesbeforechoos ingalocat ionforcul t
i-
beansast heirmaincr op.Soybeansar emos toftenusedi n vati
ngyours oybean,youar eli
kelynotgoingtos tr
uggl eto
l
ivest
ockf eedsandveget ableoil
s,wit
has mallbutgrowing grow the soybean f arming busi
nessand alsot os el
lyour
proport
ionbei ng used i
nbi ofuelproducti
on.Inter
esti
ngly, soybeanbecaus etherear ealwaysf oodproces si
ngcom-
busi
nessesthatar einvol
vedi nthes el
l
ingofsoybeans eeds paniesand cons umersoutt here who arereadyt o buy
t
oNi geri
anf armersforgrowingcr opsareal
sopar tofthi
sin- fr
om you.Wi t
hcommer ci
alsoybeanf armi
ngitwi ll
payyou
dustr
y. notonl ytocul t
ivatesoybean,youcanaswel lst
artas oy-
bean pr oces si
ng plant;producing and packagi ng soy-
Thecropcanbes uccessf
ull
ygrowni
nmanyS t
atesi
nNige- beanmeal ands oybeanoi l
. 
r
iausingl
ow agricul
tur
al i
nputandcul
ti
vat
ionhasexpand- The bottom line i
sthatifyouhave enoughl and and you
edasar es
ultofi
tsnutr
it
iveandeconomici
mpor t
anceand areinterestedinmax i
mizi
ngcommer ci
als
oybeanf arming,
diver
sedomes t
icuses.
  
  youar es ur
et omakehugepr ofi
tsfr
om thebus i
nes s.

Therapi dgrowt hofbot ht hepoultr

yandf oodpr ocessi
ng
i
ndus t
ri
esi nthepas tdecadehasal s
oi ncreased demand
f
ors oybean i n Ni
geria.Itisbeli
eved thatcul t
ivati
on and
product i
onwi l
li
ncreas easmor efarmersbecomeawar eof
thepot enti
alofthecr op,notonlyforcas h/f
oodbutal sofor
soi
lfer
til
it
yimpr ovement .Themar ketforsoybeani nNigeria
i
sgr owing ver yfastwi t
h oppor t
unit
iesf orimproving t
he
ncome off
i armer s
.Indus t
ryperformance i sst
ronglyinf
lu-
encedbyf orcessuchasweat herpatterns,exchanger ates
anddemandf orcornt hatarealloutsi
def armer s
’control
andnear l
yimpos si
bletoant i
cipate.
  

02
 OURMI
SSI
ON

OurMi
ssi
on
Ourvi
sionistobecomeoneofthel
eadingcommerci
alsoybeanfarms
andprocessi
ngbrandsnotj
usti
nNiger
iabutal
soontheglobalstage.

OurGoal
Ourgoali
stof
armt
hewor
ldi
ntoaheal
thi
erf
utur
e.
 OURPRODUCT I
NDUSTRYAND MARKETANALYSI
S
Nigeria beingoneoft helar ges teconomyi nAf r
ica has
Ourpr oductiss oybeans ,a pr otei
n-ri
ch crop.I tisan
suppor tedagricult
uralacti
vitieses pecial
lynut ri
ti
ouss eed
edibl
elegumewi thalotofnut ri
ti
ousvalueandar eeither
l
ike Soya beans .Itisthe sour ce ofvar i
et i
esofheal t
hy
cooked,f ermented,dr i
ed orconver t
ed into mil
k,fl
our,
f
oodopt i
onsrangingf r
om adul t
st ochil
dren.I ti
saf ood
tof
u and mor e.( Steve.o .September( 2017)S oybean
f
ordi abet i
candcancerpat ient sandqual i
tymeal forin-
f
armingi nNigeri
a:how t os tar
tandmakemoney) .Asa
f
ant swhencompar ed to otherpr oducts.Oi lextracted
pod-l
ikecr op,
 i
tisusuall
ygr owni nmoder at
et emper ate
f
rom s oya beansi sveryl ow i n cholesteroland t he
r
egionsliketheSouthWes tofNi geri
a,especiallyinnatu-
powderi susedasbaki ngflour .Bas edonours t
udyand
r
all
y wat ered areas.Wi t
h Af r
ica’sannualex penditure
r
es earch ofex is
ti
ng compani eslike Sal
ma oi lmill
sand
pegged at619t housand tonsofs oybeans ,itisused as
Grandcer eals
,thei ndust
ryhast hef ol
lowing
f
ood,f eedandi ndus t
ri
al r
aw mat eri
al.
f
eat ures:
Akandeetal( 2007)s t
atest hatsoybeansi sus uall
ypr o-
F
armi
ngper
iodi
swi
thi
n90–100days
.
duced int he souther npartoft he Ni ger
ianGui nea S a-
vannah (agr o-ecol ogicalsouth)t hough s ome oft he
S
ome companiesaresol
efar
mer
sofs
oya beanswhi
l
e
cropsnow come f r
om t he north.Soybeansf arming is
s
omefarm andproces
s.
highlypr
of i
tablei nNigeria and ‘i
tcanpr ovi
deempl oy-
mentoppor tunit
iesforaboutat hir
doft heNiger i
anpop-
Theendpr
oducear
epr
oces
sedi
ntopowder
,fl
our
,tabl
e
ulace’(Steve.O.:2017).Witha rainfallof700mm i nmos t
oil
etc.
areasoft he count r
y,soya beansf arming i
spr ofi
table,
andneedsl esscar e,mor eweedi ng,lesswat erand nat -
T
hepr
oducei
sheapedi
n50kgand100kgr
espect
ivel
y.
uralbiot
ic meas ure agai nstdis
eas e and pes t
sand l ess
fert
il
i
zercons umpt i
on.

04
 MARKETANALYSI
S
Mar
ketAnal
ysi
s
Accor ding toaJ une 25 Gl obalAgricul
tur
alInformation Networkr eportfrom t he US DepartmentofAgr icul-
tur
e( world-grai
n.com),f
orecast
srevealt
hatNigeri
ans oybeanproduct i
oninmar keti
ngyear2021-2022,whi
chbeginsJ uly
1,isesti
mat ed toreach1. 25mi
ll
i
ontonnes,a43%incr easefr
om themos trecent2020-2021US DAest
imate.Areaharvest-
edi sprojectedat1.2mi l
l
ionhectar
es,up20%f r
om the2020-2021esti
mat econsi
der i
ngthef actt
hatsoybeanyiel
dshave
beeni ncr easi
nginrecentyears
;andUS DAattri
but
est hi
sto“pri
vatesectorinves
torsputti
ngmoneyandr esour
cesint
oi n-
creasingcr opout putt
omeett hegrowingneedsofl ocalfeedmi l
l
ersandpoul t
ryfarmer s
.”

T
hereports
aidNi
geri
a’ssoybeancons
umpt
ioni
n2021-
2022i
sfor
ecas
ttor
each1.
275mi
l
li
ont
onnes
,up38% compar
ed
t
othe2020-
21est
imate.

Val
uedMar
ket T
argetMar
ket
The value oft he Nigeri
an soybean oi lseed in global Kpokot aF arm i
st argeting compani est hatbuy s oya
mar ketreached N353. 1bil
li
on ($967.5mi l
l
ion)bet ween beansf orprocessi
ng;theyr efi
nethes eedi ntoflour,milk,
Januar y2018 and Oct ober2019.Cur r
ent l
y,the global table oiland chickenf eed amongs tothersand s ellthe
pri
ceoft heoi l
is$450pert onneasatNovember2019( Ni
- fi
nished productt ot he marketthrought heirchannelof
geri
anI nvestmentPromot i
onCommi s
si
on:2021).Alr
eady, dist
ributi
on.S ome oft hese compani es(Gr and Cer eals,
soybeans eed hasbecome t he majoringredientint he Salma oi lMill
s)als
o have t heirf
arm wher et he bean i s
product i
on off l
our,mil
kand chi cken feed acrosst he plant ed;butmos tti
mes ,thequant i
tytheypr oducei snot
count r
yaspoul tr
yfarmersnow dependoni ttofeedt hei
r enought omeett hedemandoft hemar kethencet hey
bir
ds . sortforsoyabeansf armer st
obuyf rom.

Data byIndexMundi,a gl
obaltr
ade por
tal
,reveal
ed Fr
om ourmarketsur
vey,a companycanbuyup t o100
thatthecount
ryhadproduced2.
15mil
l
iontonnesoft
he bagsofsoya beansdepending on t
hei
rneed and ca-
oils
eed. paci
ty.

05
 COMPETI
TION

Ourdir
ectcompet it
orsi
ncludescompaniesthatarei
ntoSoyaBeanspr oduct
ion,l
ike
-Sal
maoi l
Mi l
l
s
-Grandcereal s
-ECWAF eeds
 
Ourcompet i
torsar
emaj orproducersandexport
ersofagr
icult
uralpr
oducesinNigeri
a;t
heyoper
ateal
argef
arm
butunl
ikeus,theyproducevariet
iesofcr
opswhichalsoi
ncludessoyabeans.

Compet
it
iveAdvant
ages
Afterakeenanddet ai
leds t
udyofourcompet i
tor
s,theonl yadvant aget heyhaveisthatt heyareanes tabl
ished
businessesandass uchhavewi der angeoft hemar ket ,es
peciallyforex port
ati
on.
Ont heot herhand,t heypos sessfew disadvant
aget hatar etoours uccesssuchas pr oducingvar i
eti
esofcas h
crops,whi l
ewes olel
yf ocusedons oyabeanspr oduct ion;wewi l
lthusbeknowni nthei ndustr
yforspecial
iz
ingin
theS oyabeanspr oduct i
on.
Thedemandf orsoyabeansi swayhi gherthanwhati sbeingpr oduced;mos tcompani esthatfar
m andpr ocess
Soyabeanss t
il
lbuyfr
om ot herfarmer st
omeetpr oduct ion;thi
sisl
ogical whencons i
deringthevar i
eti
esofproducts
thatisgottenwhenS oyabeansi spr ocessed,makingi taheal t
hieropt i
ont hanbeans .Soasanew br and,wewi l
l
sel
ltot hesecompani eswhoar eindar eneedoft hepr oducttokeept heirproducti
onr unning.

06
 S W 0 T
St
rengt
h W eaknesses Oppor
tuni
ties Tr
eat
s
We possessthe neces s
ary We ar
erel
ati
vel
ynew t
othe Other ex i
sti
ng S oya beans Securi
tyconcer ns
ski
l
lsand experti
serequi
red mar
ket. produci ng compani es l ike Duet othesecur i
tychalleng-
to operate effecti
velyin Salma oi lMi l
l
,Gr and Cer eal es in Nigeri
a, t r
anspor t
ing
orderto achieve ourgoal Asanew br and,wemus tnot and ot herkey pl ayer shave goodsf r
om one l ocation to
(managerial
, techni
cal
, t
ake cus t
omer awar eness alr
eady s pent mi l
l
ions edu- another has not been
andtechnological). l
ight
ly,owingtothefactthat cating the mar ketbypr ovid- smooth as its houl
d; al so
we dealing wit
hf ood pro- i
ng al t
er nati
ve t able oi lop ther
e coul d be l ogisti
c
Ourt eam member swi l
lsu- duces;we need to gainthe ti
ons di ff
erent from what i s breakdown,whet hervehi c-
pervi
setheent i
repr
oces sto t
rust of customersi n our availablei nthemar ketsince ular
,goodsdes tr
ucti
on,and
ensurequali
tycontr
ol ofour marketbypr oduci
ng qualit
y thei
r i ncept i
on. Cus tomer s sometimes human ef f
ects
f
arm, t hi
s pr ocess r uns soyabeans now under s
tand t he heal th can hindert he movement
thr
ough til
lthe producti s benef i
tsofS oya beanspr od- ofgood f r
om one del i
very
deli
vered t
ot hecustomer '
s Fi
nancials t
rength ucts;sowewi l
lleap f r
om t he regi
ont oanot her.
l
ocation. I
nt hisini
ti
als tage,ourbus i
- alr
eadyi nvesteddepos i
t.
nessrequir
esfinancestosetin
motionatl eastunti
lthepoint From t hei nformationf rom our
wherei tachieves mar kets urveyand agr ocon-
prof
itabil
i
ty. sult
ant s,wegat heredt hatthe
ex i
st
ingpl ayersint hei ndustry
aref ocus ed on pr oduct i
on
and pr oces si
ng oft he S oya
beanswhi chover30% oft he
produce i sconver ted tof in-
i
shed pr oduct ssuchast able
oil
,f l
our ,poul tr
yf eed,baby
f
ood et c.Whi le att he init
ial
stage,we wi llfocuson pr o-
duci ng f or bus i
nes ses that
proces stof i
nis
hpr oduct s.
 SALESAND MARKETI
NG STRATEGY
KpokotaF ar
msisinthecommer cialf
armingbusi
nes sforthe Publ
i
cit
yandAdver
ti
si
ngSt
rat
egy
purposeofmax imizi
ngpr ofi
ts
;hencewehavedeci ded to Below aretheplatf
ormswewi
l
llever
ageont
oboostour
explorethe avai
lable opportuniti
eswi t
hinthe i
ndus tr
yt o soybeanf arm br
andandtopromoteandadver
ti
seour
achieveourcorporategoal sandobj ecti
ves
. business
:
I
nes sence,wear enotgoi ngt orelyonlyonthes aleofour
far
m pr oduce to generatei ncome f orthe business.For -S
pons
orr
elevantcommuni
tybas
edevent
s/pr
ogr
ams
.
now,wewi l
lf
ocusprimaril
yonpl anti
ngands el
li
ng.
-Leverage ont
he i
nter
netand s
ocialmedi
a pl
atf
orms
Kpokot
aFarmswi
lladoptthefol
l
owi
ngs
trat
egi
esi
nmar
ket
- l
ike;I
nstagr
am,Facebook,t
wit
ter,YouT
ube,Googleto
i
ngoursoybeanf
arm produce: promoteourbusi
ness
.
-Int
roduce ourbus i
nessby s ending intr
oductorylet
ters -Advert
is
eours oybeanf ar
msinouroffi
cialwebsi
teand
al
ongs i
deourbrochuretostakeholdersi
nt heagri
cult
urein- empl oys t
rategiesthatwil
lhel
puspulltr
affi
ctothesi
te.
dust
ryandproducti
oncompani esthatrelyonsupplyofsoy-
bean. -Ensur
et hatal lourstaffmember swearourbr anded
shi
rt
sand al lourvehiclesand t
rucksare wellbr
anded
-Advert
iseourbus
inessi
nAgr i
cultur
eandf oodrelat
ed wit
hourcompanyl ogo.
magaz i
nesandwebs i
tes.
-Att
endrel
atedagr
icul
tur
eandf
oodex
pos
,semi
nar
s,and Pr
ici
ngSt
rat
egy
busi
nes
sfai
rs
. Ourpriceswillconformt o whatisobtai
nableinthe i
n-
dust
rybutwi l
lens ur
ethatwi t
hinthefi
rs
t6t o12months,
-L
ever
ageont
hei
nter
nett
opr
omot
eourbus
ines
s. wewi l
lfocusont hemar ketpri
cingr
atesforours
oybean
wit
hintheNigerianmar ket.
-Engagei
ndi
rectmar
ket
ing.
Wehaveputi nplacebusinessst
rat
egiesthatwil
lhelpus
-Encour
ager
efer
ral
sthr
oughi
ncent
ives r
unonlow profi
tsforaperiodof6mont hs;iti
sawayof
encour
aging peopleto buyi nt
o oursoybean farming
-S
ellt
o ourcontr
act
ualpart
nersi
nthe s
oybeansbus
ines
s busi
nes
s.
wi
thasimi
lardemandmarketandcust
omers.
-Engagei
nguer
ri
ll
amar
ket
ing.

08
 OPERATI
ONSPLAN
Ouroperat
ionsandt
hecoor
dinat
ingor
ganogr
am oft
heor
gani
zat
ionar
eint
hef
oll
owi
ng
phases
:

1.Soils
electi
on,Seedlingandf l
owering:Thi
ssectionsoi
lselecti
onofal oamys oi
lfr
eefr
om
erosi
onwi t
hbal ancedPHl evel
.Thent her
ecomest heplant i
ngofs eedli
ngs,andi t
sdevel-
opmenti ntobabybuds .Atthisl
evel,themat urati
onoft hes eedi smonitored,weeding
moni t
ored.Iti
simpor t
antt onot ethathalfapai ntbucketofs eedcanf arm ahectare(
50kg).Ther
efore,for20hect ares,5paintbucketswoul dbes uffi
cientforapl ant
ingcycle.
Thus,f
orthreecycl eplanting(3mont hsforacycl eti
mes3=9- 10mont hs)theamountof
seedli
ngsneces sarywillbe 15pai ntsofseedf orthehect ares(500kg).Thisiss
upervi
sed
bythes pecial
izedteam oft hef arm manager ,f
ar msurveyor,andt hefarm hands .

2.WeatherandPes tContr
ol:Thefar
m managerandot herteam managet heseedlings
around t
he earl
ystages;depending onthe s
hoot s
,the weathertemperatur
e mus tbe
moderate,wit
hlesspestcontr
ol.I
nmos tcas
es,itr
ecommendedt emperatur
eis 15.
5Cel -
si
us.Wit
heachbeani na r ow arel
eftat30i nchesapar t
,control
li
ng pes
twithsimpl e
fenceandmet alri
ngs.

3.Fer
ti
li
zers praying:Toensurecr
opgr owt hand s ur
vival
,iti
snecessarythatferti
li
zerbe
appli
ed.Itisimpor tantt
onotethatnof undswillbes pentoni nor
ganicMPKf ert
il
i
zerbe-
causeoft heat tendanthazardsassoci
atedwi t
hi t.Hence,withourpar t
nershipwiththe
Lagoswas temanagementandear thcare,I
korodu,or ganicmanur eandheal thymag-
gotswil
lbeus edt onour i
sht
hesoil
andheal t
hoft hepr oductandf i
nalconsumer .

4.Harvest
ing:Harvest
ingisdone90to110days ,dependi
ngont heyiel
dwheremat ur
it
y
ofcrop,harvest
edi ndry,s
naporshell
phase.Harvest
ingwi
llbedone,usi
ngasi
ckl
e,win-
nowing/t
hresher(toseparatesoyaseedsf
rom chaffandstorageist
hendone.Al
lthese
arecoordinatedregularl
ybythefar
m operati
onsmanagement .
 
 

09
MANAGEMENTPLAN
1.Farm manager :Thefarm managerwi llcoordinatethedai l
ypl anning,organization,supervisi
onandadmi ni
str
ati
onof
activiti
esinthef arm.
2.Account i
ngDepar tment :Theaccount ingdepar tmentwi l
ltakecar eofallthefinancial r
ecordsofthefarm,t heywi l
lal
so
devel opandmai ntainaccount ingpol iciesandpr ocedures.Theywi l
lals
opr epar edet ail
edex pensebudget ,analyse
budgetet cfort hefarm.
3.Mar keting,salesandcus t
omers ervice:T hi
sdepar t
mentwoul ds pareheadal ladver t
isementandpr omotionalactivi
ti
es,
theywi ll
takecar eofs alesandi mpr ovet heinfl
uenceandper cept i
onoft hebr andi nthemar ketandinturnrais
epat ronage
andr evenue.Al sotheywi l
lattendt ocus tomer-r
elat
edi s
suesint hef arm.
4.Logisti
csanddel i
very:Thel ogisti
csanddel i
verydepartmentwoul dber esponsibleforfir
st-
handi nf
ormati
onasr egar dsto
ordersandcus tomerr eques t
s,theywoul densuresmoot hdel i
ver yoffarm produce( soyabeans )tothecus t
omer satlarge.
5.Farm wor kers:farm wor kerswoul dbei nchar geoft hefoll
owi ngs :
a) .
plant,fert
il
i
ze,cul ti
vate,s pray,ir
ri
gat eandhar vest
crops (
soyabeans )
b).Oper ateandmai ntainfarm machi ner yandequi pment
Note:Al lt
echni cal andhi redmanager ial posi
ti
onswillbesubject stoqualif
icati
onsands etyearsofexperi
encesont hejob.

Par
tner
shi
ps
F
ort
hepr
oduct
ivi
tyoft
hebus
ines
s,t
hef
oll
owi
ngagr
eement
sandpar
tner
shi
pswi
l
landhavebeenes
tabl
i
shed:

1)Wehavepartneredwi t
hF ar
m Hi
ret
ract
orcompany(as ubsi
diar
yofSheleadsAf
ri
ca)inEPEandwil
lsi
gnandMOUonwi th
theLagoss
tat
eAgr icul
tural
agencyonfarm hi
res
,si
tuat
edineachlocalgovernmenti
nLagos,par
ti
cul
arlyi
ntheagr
icul
tur
al
regi
onsoft
hestates.

2)We have al
so part
nered wi
thT he LagosSt
at e Wast
e ManagementAgency(forCompos tand Eart
hcare)f
ororgani
c
manureandmaggot sthatf
ert
il
i
zet hesoil
ands eedsatar educedrat
eandwit
htop-upsanddiscounts
.
3)Weplant
oal s
oes t
ablis
hapar t
ner s
hipwithS
ifaxgroupformarit
imeandl
ogi
st
ics
ervi
cesforbothtr
ucksfr
om t
hefar
ms,and
shi
ppi
ngoninternati
onalorder
s.

4)Wehaves i
gnedaproductdi
st
ri
but
ionwithNathanFarms,asoybeanfarm,t
oat t
endtothebulkofl
ocal
andinter
nat
ional
demandsthatareonhandtohandleatpresent.T
heagreements howsthatwhyNathanFarms,anAdamawa- bas
edfarm
wil
lat
tendto60percentoft
heconsi
st
entsuppli
esatpr
esent,wearet of
ornow f
arm ands
upplythe40percentdemandat
handtobemadeavai l
ablei
nthenextcycle,andsubs
equentones .

5)
Weplantopart
nerot
hers
uppl
ychai
nagenci
esanddi
st
ri
but
ionchannel
stopus
hthepr
oductt
othebus
ines
sgr
oupst
hat
needours
ervi
ces
.
 FI
NANCI
ALHI
GHLI
GHTS
OkpokotaF
armsisseeki
ngat otal
fundi
ngofNGN7,000,
000ofdebtcapi t
al t
oopeni
tsfar
m.T hecapit
alwi
l
lbeused
f
orfundi
ng capi
talexpendi
turesand l
ocat
ionbui
l
d-out
,hir
ing i
nit
ialemployees
,market
ing ex
pensesand wor
king
capi
tal
.

S
peci
fi
cal
l
y,t
hes
efundswi
l
lbeus
edasf
oll
ows
:

F
undUt
il
iz
ati
onAnal
ysi
s

LOANAMORT I
ZATI
ONSCHEDUL E LOANMORAT ORIUM
LoanAmount=7, 000,
000.00 I
nter
estTreatment=Capi
tal
i
zed
LoanTenure-24mont hs Repayment=S amepayment ,ex
tendedt
erm
I
nter
estRate=3% Morator
ium Per
iod=6Months
Equatabl
eMont hl
yIns
t al
ment(
EMI
)=396,
666.
67

Ki
ndl
yref
erencedet
ail
edfinaci
alanal
ysi
s,ass
umpti
onsandpr
oject
ionsi
nthe
excelworks
heetatt
achement.
 EXPANSI
ON STRATEGI
ES
T
hef
oll
owi
ngar
ethepr
oject
ionsoft
hecompany:
-Weplantoex
pandourproduct
ionpr
oces
sint
oprocess
ingofseedi
ntofi
nis
hedgoodss
uchass
oyaoi
l
,br
ead,
nut
ri
ti
onal
babyfood,s
oyamil
k,s
oyadri
nkandothers
oy-rel
atedf
oodproducts
.
-Weplant
oownaf
ull
yfunct
ional
proces
si
ngpl
ant
,wi
thal
lt
heneces
sar
ytechypl
atf
ormst
oenhancet
hepr
oduc-
ti
onpr
ocess
.
-Weplantopromot
eacr oprot
ati
ons
yst
em,di
ver
si
fyi
ngt
hebus
ines
sfr
om j
usts
oybeansi
ntobeansandcucumber
pl
ant
ing,
sel
li
ngandprocess
ing.
-Gener
atebi
o-f
uel
wit
hrel
evantpar
tner
stopr
otectt
heeco-
sys
tem agai
nstt
hedebi
l
it
ati
ngef
fect
sofgl
obal
war
m-
i
ngandcli
matechange.
-Toexpandthefar
mi nt
oregi
onalbasesbothinthenorth,eas
t,south-
sout
handthesout
h-west,pl
ant
ingweather
permi
ssi
blecr
opspeculi
art
otheregionsbutrel
evanttotheagri
cultur
alneedsoft
hecountr
y,andimprovi
ngt
he
expor
tsandGDPoft hecount
rywit
hintheint
ernati
onalcommunity.
-T
ores
ortt
oful
l
,mechani
zedf
armi
ng,us
ingnovel
technol
ogyt
odr
ivepr
oduct
ion.
-T
obeamaj
orpl
ayeri
ntheagr
oindus
try,pr
oduci
nggoodsands
ervi
ce.

CONCL
USI
ON
Fr
om thefor
egoing,i
ti
sposs
ibl
et osaythattheagroindustr
y,parti
cular
lypr
oducingf
orthecommodityindustr
iesr
e-
mainsaviableopti
onforeconomicands ocialgr
owth.Thuswithmanyagr opl
ayer
sfocusi
ngoncropr otati
onfor
now,ourbusi
nessofpayi
ngattenti
ontojustsoybeansgivesusabi ggerandlar
germarkett
omax i
miz
epr ofi
t,i
mple-
mentsoci
alrel
evantbusi
nessmethods,andachi evethe object
iveofbuil
dingabusi
nesswhi
lepr
omotingthes oci
al
commongood.

12