Business Plan proposal

AZEEMIGHT FARMS (NIG) LIMITED Agri-business consultants Services rendered include rearing of different breeds of birds e.g. chicken, turkey, hatchery; fingerlings e.t.c and agro-services consultant. Address: Block 9, plot 2, Prince Adeyemi lane, Ile-ise Awo, Abeokuta, Ogun state.

:

08062355372, 08094335652, 07083768321

E-mail address: - [email protected] Adeyemi Azeem Adedeji Chief Executive Officer i

Azeemight Farms (Nig) Limited Proposal

Business

A Business Plan By ADEYEMI AZEEM ADEDEJI

Matric No: 2009/0859

Of The Department of ENVIRONMENTAL MANAGEMENT AND TOXICOLOGY

Presented to:

Prof.Dipeolu

TABLE OF CONTENT ii

Azeemight Farms (Nig) Limited Proposal

Business

1. COVER PAGE

i

2. TITLE PAGE

ii

3. TABLE OF CONTENTS

iii

4. BOARD OF DIRECTORS

iv

5. INTRODUCTION

1

6. OBJECTIVE

2

7. COMPANY’S BRIEF HISTORY

3

8. COMPANY’S PRODUCT AND SERVICES 9. TECHNICAL PROCESSES

3 4

10.COMPETITORS

4

11.INDUSTRY ANALYSIS

4

12.PRODUCTION PLAN

5

13. MARKETING PLAN

6

14. RESOURCES REQUIRED

6

15. MANAGEMENT 16. ORGANOGRAM

7 9

17. SWOT ANALYSIS 18. FINANCIAL PLAN

11 12

19. CONCLUSION 20. APPENDIX

13 14

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Azeemight Farms (Nig) Limited Proposal

Business

BOARD OF DIRECTORS

Adeyemi Azeem Adedeji Chief Executive Officer

Director, Poultry production unit

Mr. Omidiji Abdulwaheed

Director, Fishery Production Unit

Mr. Kareem Damilola

Director, Hatchery Unit

Miss. Mabinuori Ghaniat

Director, Agro-services Consult

Dr. (Miss) OtulanaOmoshalewa

iv

INTRODUCTION Azeemight Farms (nig) Limited has its seat in the heart of the town where business activities thrive at greater speed. The company is situated few meters from roadside facing opposite village market. The company is being governed by Adeyemi Azeem .A (B.Sc Environmental Management and Toxicology) with other directors supporting the success and continuous upliftment of the company. The company is managed with the aid of four directors appointed by the CEO on the basis of their qualification to aid simplicity of operation. These include: • Director, Poultry production unit • Director, Fishery Production Unit • Director, Hatchery Unit • Director, Agro-services Consult Each director are appointed with the sole aim of achieving target goals i.e each unit ha specific task to take care of in achieving per unit success/upliftment of the company. The fourth unit is established to strengthen the company fields by providing consultancy services, enhancing/promoting sales, creating wider market coverage, extending limited research to unlimited research to improve the stock of the company. These developments have paved way for exploration of our genetic breeds/seedlings for enhanced agriculture and also to the credit of the country Nigeria. The marketing sector as highlighted above has done much good than arm by opening a competitive market due to improved products and services from our company. Comprehensive detail of each sector will be discussed in the next context.

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Azeemight Farms (Nig) Limited Proposal

Business

OBJECTIVES The company [Azeemight Farms (Nig) Limited] is established to promote and enhanced genetic breeds with high resistance against diseases outbreak, prevailing climatic conditions and tense environment compared to the local breeds found in the community’s vicinity. The Poultry and Fishery Research Unit have been responsible for the latest outstanding development in the company as a whole. This is credited to the long term objective of our company providing enhanced genetic breeds to the nearby objective. Our foresight became a reality as research was intensified day-in, day-out to achieving quality breeds. Due to intensive farming system practiced by the locality in the community, we are aiming for improved agriculture so as to prompt: less labour and greater profit to individual farmers. With these, Azeemight Farms (Nig) Limited have brought limelight into the community with the same introduction of improved farm products among others. These made our objectives a reality. In addition to the above, the hatchery unit is aimed at hatching new bird breeds intended for sale to nearby business venture/market. With the advent of this initiative, the rapid spread of genetic breeds of our dear company Azeemight Farms (Nig) Limited would will give rise to competitive market in the world trade market. Also, eggs from other company/enterprise are hatched but under strict rules and regulations. With these, the attainment of success would become visible and there become reality. To this end comes the Agro-services consultant established with the aim of enlightening the farmers on birds/fingerlings production e.t.c to avoid loss. This is also aimed at disseminating the latest information to the rural farmers/nearby business venture from the world trade zone. With the objectives highlighted above, the enterprise have been able to achieve 90% success in all its aspect with the entire environ deriving benefits from the enterprise e.g. through the establishment of bore hole water to assist the community and also small industry established with the sole aim of providing organic manure for farmer from poultry droppings.

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Azeemight Farms (Nig) Limited Proposal

Business

COMPANY’S BRIEF HISTORY The company- Azeemight Farms (Nig) Limited is managed by Adeyemi Azeem.A (B.Sc EMT) established in the year 2005. The business originally started with the Poultry Production Sector only (Chicken only) with a population of 100 birds. But due to external financing from other business venture of ours, the company expanded rapidly within 18 months with the introduction of improved genetic breeds from Ajanla Farms which placed the bird population at 1,025 chickens and 500 turkeys. At the end of the first five months, the company has expanded to the field of Fishery Production. With these, some varieties of fingerlings are being reared for commercial purpose. During the 5th Year anniversary of our dear enterprise, the enterprise unveiled her new technological advancement, expansion of land occupied, expansion of the agroservices field, and her consultant sector to emerge the mother company in the community. Today, the long-term objective is becoming realistic with the setting up of 4-arms production sector. The objectives are analyzed as follows:• The provision of enhanced quality breeds despite seasonal variation. • To promote commercial agriculture in the community. • To broaden the knowledge of fish farmers on fish production system. • To enlighten farmers of latest happening in the global market and new innovations created.

COMPANY’S PRODUCT AND SERVICES Our Company’s Product and services include:• Azeemight Veterinary Services • Azeemight Extension Services

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Azeemight Farms (Nig) Limited Proposal

Business

• Azeemight Consult • Azeemight Egg • Azeemight Fish • Azeemight Feeds • Azeemight Hatchery • Azeemight Birds • Complaint Unit With the above services/products highlighted, our companies have been able to achieve stability in all sectors. TECHNICAL PROCESSES The technical process involved in Azeemight Farms (nig) Limited is CYCLIC. For enhanced growth of the poultry/Fishery products, feed is needed in the correct quantity with fortified quality to keep them alive. For this to be achievable, the poultry and fishery unit has its feed unit where feed are being produced with fortified vitamins. With this, there is continuous cyclic movement in the technical process of our company and hence, stepping up the level of productivity and quality of products from Azeemight Farms (nig) limited with adequate supervision taken care of by the MIBS. COMPETITORS Despite the fact that Azeemight Farms (nig) Limited is the mother company in the ile-ise awo environ, our company still flourishes in the midst of competitors. Our company is made to compete with five other companies due to the pioneer value and its fame for quality products and services, we are still able to maintain our cash reserves and control external services. With the aid of technological advancement and adequate supervision, we are still leading. 4

Azeemight Farms (Nig) Limited Proposal

Business

INDUSTRY ANALYSIS Our company presently occupies its permanent site of sixty acres with thirty acres of land reserved 25km from existing company (50 acres). Due to our commitment to full scale enterprise, the following sub-heading are considered • Suppliers:- products and services of our company is distributed across the country with the aid of the marketing unit of each production are distributed across other states in the country with alternatives of Benin Republic and Togo. • Buyers:- due to rapid growth rte experienced by our company from marketing quality products, consumer demand have been high as we are proposing the expansion of production in order to meet every consumer needs at any point in time. This becomes necessary as demand tends to be higher than supply; hence the purchase of minivan/trucks became necessary to fast track this aspect and improve distribution equality. • Substitutes:- during period of growth enhancement when our products are being administered the necessary drugs, vaccines and quality feeds from our feeding unit for optimum growth, our supply to nearby market is reduced to prevent consumers from being harmed. Hence, substitutes from other company are opened with high competition rate within our company’s competitors at different pries to entice consumers.

• Entry Threat: - introduction of new breeds/products is usually quarantined and if result negative, entry of such breed/product is restrained. This is to maintain optimum performance. Hence, some competitors are prevented from coming into our company. Above are steps required to achieve optimum productivity and continuous growth of our company PRODUCTION PLAN 5

Azeemight Farms (Nig) Limited Proposal

Business

The following unit of production capacity shall be observed • Poultry production plan;- Our production capacity from poultry unit is estimated at 45, 60 chicken (comprising of boilers, pullets, cockerels, layers and chicks), 15,252 turkeys at present. • Fishery Production unit:- Our company’s production capacity in this field is estimated at 25,879 fish varieties. This has been an additional credit to our company. • Hatchery Unit: - At present, our incubators has the capacity of hatching 2,500 eggs at a time when set. With this, hatching is very rapid as next line of action is easy to take effect. • Agro-Services consultant:- This branch of our dear company generates its revenue from external sources e.g. quarantine of agro-service product outside the company as it also caters for its company itself in ensuring quality product through the MIBS.

MARKETING PLAN Our company markets her products both within the outside her vicinity. The marketing of our products to nearby market is achieved through the use of our minivan while outside the community or state is achieved through out the truck which is equipped with a ventilated opening and air conditioner to maintain a stesdy temperature for our products. The following are to be expanded to buttress more about marketing strategy: • Production: our products are packaged to meet consumer need at any point in time. Products are quarantined/examined before being deemed fit for marketing for consumption by the immediate consumers. 6

Azeemight Farms (Nig) Limited Proposal

Business

• Place: As highlighted above, marketing our products varies from place to place with different vehicles put in place to facilitate equal distribution. • Promotion: This had brought enormous recognition of our products and services and also facilitated increased profit to our company. With this respect, we are engrossed with the main objective of maintaining outstanding standard. Advertising, sponsorship and special promotion has been accredited to this aspect. • Price: The maintenance steady price have been kept us adrift other company/business enterprise based on the quality of our products and services. This has kept us in an unconvincing lead in the within/outside competitive market.

RESOURCES REQUIRED This includes daily/monthly resources required by our company for the dayto-day smooth running of the business. Examples of resources required include: -

• Truck/Van • Feed additives • Labour • Equipment • Infrastructure • Basic amenities.

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Azeemight Farms (Nig) Limited Proposal

Business

MANAGEMENT

The curriculum vitae of the CEO – Azeemight Farms (Nig) Limited is highlighted below:-

Block 9 plot 2, Alaapa quarters, Iyana idi ori, Abeokuta, Ogun state, Nigeria. Tel No: 08062355372

ADEYEMI AZEEM ADEDEJI

Objective: Achieving target goals of business enterprise by contributing to my quota through: creation of new innovation, initiating new ideas at improving productivity to make the long term objective of business enterprise realistic.

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Azeemight Farms (Nig) Limited Proposal

Business

Personal Data Date of Birth: -

15th December

Place of Birth: -

Ado-odo

State of Origin: -

Ogun

Local Government Area: -

Ado-odo ota

Nationality: -

Nigerian

Religion: -

Muslim

Educational Background

1. Moshood Abiola Polytechnic Staff School,

-

1996-2002

-

2002-2008

-

2009-till date

Ojere, Abeokuta, Ogun state 2. Ijemo Titun High School, Ibara Housing Estate, Abeokuta, Ogun State. 3. Federal University of Agriculture,Alabata, Abeokuta, Ogun state Academic qualification 9

Azeemight Farms (Nig) Limited Proposal

Business

1. Primary school Leaving Certificate

-

2002

2. West African Secondary School Certificate

-

2008

3. National Examination Council Certificate

-

2008

4. Bachelor of Science in Environmental

-

In progress

management and toxicology Work Experience Azeemight Farms (Nig) Limited block 9, plot 2, Prince Adeyemi lane, Ile-ise awo, Abeokuta, Ogun state. Post Held: Chief executive officer Additional Qualification Certificate in Deskstop Publishing Jewell consult Computers Isabo, Abeokuta, Ogun State.

Organogram of Azeemight Farms (Nig) Limited Management

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Azeemight Farms (Nig) Limited Proposal

Business

Chief Executive Officer

Director, Poultry Production Unit

SP U SP U

R U

M U

WHOLESA LER

RETAIL ER

H U

Director, Hatchery Unit

Director, Fishery Production Unit

M U

S WHOLESA U LER

F U

R U

S U

R U

M U

F U

Director, Agro-service

S SP U U

V T

RETAIL ER

F U

F U

H U

11

H T

MO. U

R U

M U

ES

C S

C U

Azeemight Farms (Nig) Limited Proposal

Keys • SPU

-

Sales promotion Unit

• MU

-

Marketing Unit

• RU

-

Research Unit

• SU

-

Supervising Unit

• FU

-

Field Unit

• HU

-

Health Unit

• MPU

-

Market Promotion Unit

• VT

-

Vertinary services 12

Business

Azeemight Farms (Nig) Limited Proposal

• ES

-

Extension Services

• CS

-

Consult

• CU

-

Complaint

• HT

-

Hatchery Unit

• MO.U

-

Monitoring Unit

Business

SWOT ANALYSIS The SWOT Analysis is analyzed as follows:• Strength:- This is attributed to our cash reserves. The availability of cash to drive the company’s financial expenditure and procurement has made our company stable and not liable to liquidation. With this, we are able to manage our company effectively, establish a concrete sector when need arises in the company and even provision of 13

Azeemight Farms (Nig) Limited Proposal

Business

basic amenities to the neighbor as expansion occurs. Support received from sponsorship and backup by farmers of the neighborhood have placed us on the fast track of success. With these, our achievements are numerous with firmness established. • Weakness:- Due to religious beliefs, production during non-festive periods are usually lowered to avoid unnecessary loss. The late access to government granted funds to our company as caused a little weakness in the time past but as we grow, increased growth remains certain. • Opportunities:- the allocation of one acre of land to our company manure production has been accredited to our optimum performance that have seen their lives experience complete standard of living transformation • Threats:- This has been major factor mitigating against successful production in time past in one way or the other with its weapon being the climate which at times appear unfavorable and alarming thereby influencing infestation of certain disease which at times lead to extensive mortality and huge loss. But due to recent technological advancement and the employment of experts in the Agro- services field, disease outbreak are usually detected on time and eradicated before taking up their sleeves in our pens. This aspect is gradually becoming a history in our company with the introduction of advanced technology.

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Azeemight Farms (Nig) Limited Proposal

Business

FINANCIAL PLAN (CASH FLOW ANALYSIS) The table below shows the cash flow from January to December, 2010.

Fe

Marc

Apri

Ma

Jun

Se

Oc

Nov

Dec

Items

Jan

b

h

l

y

e

July

Aug

pt

t.

.

.

Projected inflows Egg sales

120

60 23

75

90

80 24

83 23

90

77

74 23

81 23

94

115

Fish sales

300

0 41

230

230

0 49

9 47

247

244

0 50

8 48

247

260

Bird sales Azeemight feed

600

0

500

550

8

7

483

511

0

7 10

537

850

sales Hatchery Revenue Vertinary services Total projected

200 40 25 12

85 57 18 86

90 59 18

150 41 19 10

88 48 19 97

72 90 31 99

88 80 29 10

94 79 30 10

97 50 18 96

1 37 29 97

200 39 29 11

250 24 37 15

Inflows Projected

85

0

972

80

3

2

17

35

9

3

46

36

39

41

31

40

outflows 31 Staff salaries Vechicle maint. Feed additives

460 18 20

0 10 18 12

370 10 17

390 10 17

0 11 17

0 14 19

300 10 18

311 11 18

3 10 18

1 12 20

390 14 20

470 16 23

Equipment

50

1 11

18

25

20 11

20

24

24

17 11

20 11

20

34

Furniture Infrastructure Basic amenities Total projected

18 420 98

0 56

110 410

112 233 67 85

0 54

17 48

110 46

110 47

1 46

0 56

121 56

201 400 310 14

outflows

6

9 29

935

4

8 42

0 51

2

4

9 50

3 41

5

54

Net Inflows

299

1

37

226

5

2

555

561

0

0

581

82

15

Azeemight Farms (Nig) Limited Proposal 29

Business 18

24

27

22

Balance b/d

0

9

-8

45

1 24

4 26

268

287

4 22

6 18

184

397 -

Balance c/fwd

299

-8

45

181

4

8

287

274

6

4

397

315

CONCLUSION Our company

Azeemight Farms (Nig) Limited remains viable and outstanding despite external influence from neighbouring business enterprise/venture. The Agro-Services Consult have kept our dreams alive, unrelented in our efforts to achieving long-term objective goal within the shortest period of time. The pillar of success of any agro based company is attributed to its enormous research work which had made us excellent in our production and adding of minute value which worth a lot to us. The rapid growth experienced by our company cannot be overlooked in the history of our company with the assistance of fellow directors and junior workers in general; kudos to them all.

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Azeemight Farms (Nig) Limited Proposal

Business

APPENDIX Below is the land structure of our company with 25 acres utilized out of the present fifty acres and the remaining 25 acres reserved for proposed agricultural business;

J

H

L

B

F

G

I

D

L

K

E

A

Keys

17

C

Azeemight Farms (Nig) Limited Proposal A

-

Main Gate

B

-

Security Unit

C

-

Quarantine Sector

D

-

Office Unit/Agro-Service Unit Office

E

-

Car Park

F

-

Poultry Unit

G

-

Poultry Unit (extension of F)

H

-

Fishery Unit

I

-

Hatchery Unit

J

-

Quarantine Agents

K

-

Equipment office

L

-

Fishery (extension of H)

18

Business