On popular demand, hundreds of our readers are asking for a sample of an agrochemical company business plan which they can use to apply for a loan. Like never before, there are lots of credit facilities for small businesses in Nigeria and across the World.
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The credit facility is a swift response to combat the effect of coronavirus or COVID-19 which crippled hundreds of businesses across the World.
A free business plan template can on this guide https://infomediang.com/two-page-business-plan-free-template
To access most of the available loans, you are required to submit a business plan. For instance, you are expected to submit a business plan to access the CBN SME loan which ongoing.
Also, no hardly can a financial institution grant your SME loan application without a business plan.
Putting this in mind, we shall be pushing out a sample of business plan for your business. In this post, we’re dealing with a business plan for an agrochemical firm.
You can adapt this plan for your own use to obtain a loan from the government and financial institution.
NOTE: The CAC certificate number used in this post is not real. Any form of coincidence is regretted.
This is sample is to serve as a guide for you, there are more comprehensive plan out there, depending on the kind of loan you are applying for.
The front page of your plan should look like this:
Infoculture AGROCHEMICALS
RC No: 0784647
Business Plan
March 2021
Prepared by
Said Charles
Email: Infoculture7@gmail.com
Phone No: 07011111111
…Quality Agro products, bumper harvest
About Infoculture Agro Chemicals
Infoculture Agro Chemicals was licensed by the Corporate Affairs Commission in 2018 to deal in industrial chemical supply to boost agriculture
Infoculture Agro Chemicals is headquartered in Zaik City, Bulum Road, Jinjo State, Nigeria.
It is owned and managed by Said Charles
Executive Summary
Since Infoculture Agro Chemicals came into the agro-supply business, we have played a major role in reducing the number of fake agrochemicals in Mangu and its environs.
Hence, due to the trust the customers have in our products, we want to expand to other towns and villages and cover the entire Plateau State.
If farmers have access to quality agrochemicals, produce will be increased thereby contributing to the GDP. This will also reduce loss by the farmers. Hence, we want to make sure that they get unrestricted access to these agrochemicals.
Services:
- Agro-industrial chemical supply and services
- Supply of agro-allied products
- General merchandised and trading
Pricing
Our products like herbicide, fungicide, weed crusher go for different prices which range from N2,200-N1,350, insecticide 100ml goes for N800, 250ml goes for N900 etc.
Target Market
Infoculture Agro Chemicals targets both local farmers in Jinjo State and its environs. These are carrot farmers, maize farmers and others who want to increase their productivity through the use of original agro-allied products to increase production,
Competition:
The company’s competition is:
- Zitty Agric Supplies
- Zitty Agric Supplies is known for its massive supplies of agro-allied products in Mangu.
SWOT Analysis
| METRICS | POINT 1 | POINT 2 |
| Strengths | 1. Offers original agro products 2. Home delivery 3. Visit to farms to offer to advise to farmers on how to increase production 4. Trains farmers in local dialects on how to identify fake products | A general manager with a decade of experience |
| Weaknesses | Poor road networks | Lack of experience workforce |
| Opportunities | The concentration of farmers in local areas | Available online platforms to promote the products for distributors |
| Threats | Safety risks | Fake products |
Market Plan
The market plan will consist of promoting the Infoculture Agro Chemicals on different social media platforms and advertising in local dialects through SMS.
Flyers will be handed out to farmers on their farmlands and giving discounts for the first 200 customers.
We will also partner with farmers’ cooperatives, organise workshop to enlighten farmers on the use of original products.
Operational Plan
Infoculture Agro Chemicals will have a total of 10 employees assigned to different towns and villages.
NOTE:
Most of the employees are paid using the commission model
| ACTION | ASSIGNED TO | END DATE |
| Hand out flyers and limited-time discounts for prospective buyers | Said Bright | Daily |
| Collate phone numbers of farmers and send SMS | Zinbi Duru | Daily |
Team
Said Charles
Chief Executive Office (CEO)
Bintu Shaka
General Manager
Projected Costs
| Description | Amount |
| Agro-allied purchases | $2380.00 |
| Equipment and facilities | $1570.00 |
| Advertising | $370.00 |
| Security | $300.00 |
| Others | $380.00 |
| Total | $5,000.00 |
Final thought:
Make sure you succinctly point out what your business is all about, foreseen challenges and how you plan to overcome them.
Also, analyse how you plan to spend the loan you are applying for. Remember, this is a business plan for an agrochemical company.
I have better business plan and need support
Need a loan please for my business am selling of live animals like goat and ram
Hello Abraham, you can our list of loans to apply for the one applicable to your business.