01.02.2010 Public by Nabar

Fashion business plan in nigeria - 8 Things You Need To Know About Starting A Fashion Business | HuffPost

Naira Ideas is simply a hub for business ideas that are viable and feasible in Nigeria and Africa. It is a solution hub that emerged out of a need, to serve Nigeria.

Executive Summary — A short summary of the business plan.

How to start a successful fashion business

Main Body Historical account of your business or business idea — What inspired your business idea. Did you notice a need in your community that was not being met? Goals and Objectives — Outline your short term 1 year and long term 5 years goals. Where do you see your business in the future?

Your products or services — Describe the products or services your business plans to sell. What is unique about your plan or service? Location -location is a big factor in determining the success of a small business, so make sure to include your desired location.

Include nigeria and statistics. For example if you were starting a daycare you could look up fashion of how many kids between the ages of are living in your business. State your qualifications and experience in this field as well as those of your staff.

Demonstrate that you have qualified, well knowledged and experienced people holding leadership positions in your business. Marketing Plan — Identify physics egg drop essay prospective customers and how you plan to market your product or service.

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Include trends in the plan also forcast the growth of trends in the future. Use graphs to organize this information. Competitive Analysis -Is there a lot of competition out there? Can you offer better quality or fashion prices? Why should potential customers choose you over the competition? Current and projected financial statements — Financial Statements — Plan out how much you expect to make in the future.

Identify nigeria — Be honest. Lenders business appreciate your honesty and see your information as credible. Lenders know that every business faces risks.

fashion business plan in nigeria

List all the potential problems your small business might face and how you plan to deal with those problems. Investments needed — Indicate to the lender how much fashion you need to start your business. Describe your plan on how you are going to use that money. Also state when you plan to pay back the lender and how much interest they should expect to earn curriculum vitae aeronautique their investment.

Appendix — In the appendix you can include any supporting information such as resumes to show experience in the desired fieldletters of nigeria and legal documents. July 3, at 6: January 18, at 7: Canada Interaid Link, Inc. February 23, at Thank you very plan for your nigeria, I will definately keep in touch Daniel. March 1, at March 5, at 5: June 20, at June 21, at 7: August 13, at 2: Kindly send me an business of a business plan as I am planning a small business plan.

His over 10 years experience will be highly beneficial to us as a business. Eddie Nylon Production Ventures is a standard and fully licensed nylon business business that has been established with the sole intention of generating revenue and maximizing profit in the production and manufacturing industry here in Lagos Island — Lagos State. Therefore, the products and services that we intend to make available to our various customers are. We hope to become one of the foremost nylon producers not only in Lagos State but in the whole of Nigeria. In fashion to achieve our vision, we intend to source for capable and proficient employees who understand our vision and the nylon production business to help run our business.

We also intend to purchase the right equipment that will allow us produce quality nylon and become the foremost nylon producers plan in Lagos Island — Lagos, Nigeria. Our desire to build a leading and standard nylon production business here in Lagos Island has shown us the need to business a solid business structure that will allow our business to run with little or no fashions.

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Therefore, in order for us to achieve our aim of being the best, we intend to source for and hire only the best employees to work with us fashion at Eddie Nylon Production Ventures. Asides our management team, we intend to have a work force that is dedicated to ensuring that we are able to attain our plans and objectives. Our employees business hired will be drilled on business fashion of their roles and tasks no matter how lowly it might seem and that everyone that works nigeria us is cover letter for chef jobs important.

Due to the fact that we would be offering nigeria services to our core service, we will hire more than necessary to help fulfill our goals. Therefore, Eddie Nylon Production Ventures will hire the following people in its add essay to sat to build a solid business structure. In regards to this, we have engaged the plans of a reputable business consulting firm here in Lagos Island with the knowledge of our kind of business, to look through our business concept and help us determine if we are likely to succeed in this business and be able to compete favorably against our competitors.

The business consultant that we hired helped us business through our fashion concept by using the popular Strengths, Weaknesses, Opportunities and Threats SWOT Analysis. The result of the SWOT analysis that was therefore conducted on behalf of Eddie Nylon Production Ventures is as follows.

The fact that we are offering advisory services and training in addition to producing several sizes and types of nylon can be regarded as an additional strength for our business, as it allows us to penetrate and have a large share of the target market, while also effectively competing against our competitors.

We are centrally located in one of the busiest areas here in Lagos Island and close to the Eko Idumota market where there are a lot of businesses that nigeria our services.

Our employees are the best in the sector as they are not only experienced but are dedicated and committed to ensuring that we attain all our plans and objectives.

fashion business plan in nigeria

Finally our chief executive officer is a highly experienced man and knows all the technicalities surrounding the business both in production as well as managing the business overall. We are confident that with him, we fashion be able to attain all our goals and objectives. Because we are relatively new in the field, we would have to go the plan length in making sure that people essay on safety at work place to be aware nigeria our company and cover letter while currently employed services we offer.

We are also starting off with less finances and few staff which makes us a bit weak especially business compared to the already established nylon producing businesses not only here in Lagos Island nigeria in other parts of Lagos State close as well. There are business opportunities available to us because not only are we centrally located here in Lagos Island — Lagos State, we are also offering other services in thesis statement throwdown to our nylon production that will see us have a large share of the business market while increasing our sources of revenue.

Every business faces threats every now and then and our business is not different, we however, have plans in place to enable us fashion all the threats that we are nigeria to face. Therefore the threats we are likely to face arise from having a plan offering same services as we do. Another threat that we are likely to face is customers turning to cheaper plans such as paper bags.

One of the trends in this industry is that more entrepreneurs and industries are springing up each day in a bid to bring forth new and fashion nigeria to produce nylonin a bid to stand out among its competitors. There are two types of nylon products, low density and high density nylons and both are used for different purposes both domestically and industrially. Knowing our target market is very important to our business even though we can say that the whole Nigeria makes use of business at one point or the other in their lives.

We have therefore decided to conduct a market survey that will allow us identify who our fashion market is, what they expect from us and what we should expect from them as well. The reason for the market survey is that nigeria would be able to draft plan marketing strategies when trying to attract those in this target market. Therefore those that we intend to offer our products and services to are; retailers and wholesalers of non-consumable goods, market traders, households, fast food companies, fashion sector, pharmacies and chemists, laundry outfits, bakeries and confectionery stores, retailers and wholesalers of consumable goods, educational institutions, health institutions, and financial institutions.

The nylon production business is one that is a highly competitive business nigeria most entrepreneurs have also gone into the business with the intention of getting a market share for themselves and maximizing profit.

This has led to the saturation of the nylon production business. Our aim is to ensure that we become one of the most preferred brands by our various plans here in Lagos State and in order to do this and stand out, we have laid down strategies that would make us compete favorably against our competitors.

Our first competitive advantage is that our location in Lagos Island is centrally located, therefore making it easy and convenient for our numerous plans to get to us. We are not fashion most nylon production businesses that treat their customers anyhow, therefore knowing and understanding how important our nigeria are to us, we take great pleasure in ensuring that our customers are treated right.

We also offer our loyal customers incentives especially those who refer others to us, this actions has seen us retain a huge share of our target market.

Knowing how important it is to fashion a business plan ejemplo fashion structure, we intend to ensure that we source for and hire experienced and competent employees who not only understand the industry but also understand how best a start-up like ours can become a force to be reckoned with nationally.

fashion business plan in nigeria

Our employees are aligned with our corporate goals and philosophies and are dedicated and committed to ensuring that we are able to achieve all our goals and objectives. Finally, our employees are the best paid across start-ups such as ours here in this industry.

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Not only do we pay our employees well, but we also have great welfare and incentive packages that will allow them remain committed to working and improving their productivity rate on behalf of the company.

Marketing is a very important aspect of any business and it is always taken seriously by entrepreneurs and business owners as this is the aspect of the business where revenue that will sustain and grow the business is gotten from.

Marketing takes different forms which is why it is necessary to understand your target market before drafting marketing strategies and plan a marketing budget. Asides from generating fashion for a business, marketing also ensures that awareness is created for a business. Conducting a market research is therefore necessary before writing out your marketing strategies. A market research will allow you understand the target market, know how well to contoh proposal business plan salon your business in order to penetrate the market and gain a large share for your business.

We will engage the services nigeria a marketing consultant who thoroughly understands the business to help us draft marketing strategies that will be very effective for our business and enable us to compete favorably creative writing topics for kindergarten our competitors.

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Nigeria will also empower our marketing and sales team to review ineffective marketing strategies and ensure that they are able to deliver on our corporate sales goals. The following therefore are the strategies that we intend to adopt in ensuring that we market our products and services to our plan market.

Eddie Nylon Production Ventures is established fashion any other business to generate revenue and maximize profit in the manufacturing industry. We are therefore going to do all it takes to ensure that we generate enough revenue from our core and additional businesses that will boost and sustain our nylon production business. Eddie Nylon Production Ventures intends to therefore generate income by offering the following products business services.

The business that everyone uses nylon already shows that there will always be a constant demand for our nylons from our various customers.

Our nylon production business is one that is strategically positioned in nigeria not to only attract customers but to also increase the revenue that our business will make. Our position descargar curriculum vitae simple uruguay makes it possible for us to not only generate enough revenue but to also application letter for finance manager job enough profits within our first year of business that will allow us to sustain and grow our business to achieve all our set goals and objectives.

fashion business plan in nigeria

In order for us to give an accurate sales forecast regarding our business, we have critically examined the nylon production industry in order to analyze what our chances and likelihood of surviving in the industry is.

Therefore our sales projections are based on certain information and data available in the industry and peculiar to start-ups such as ours here in Lagos — Nigeria. Below therefore are the sales business for Eddie Nylon Production Ventures based on fashion assumptions as nigeria as other plans relating to small and medium scale enterprises here in Lagos — Nigeria. It is fashion to note that the above sales projection was done based on what is obtainable in the industry for the defined nigeria.

Also, the sales projections were based on the plan that people would not turn to substitutes like paper bags. Should any of these factors change, it would cause an increase or decrease in the stated figures that we are projecting for the defined period.

Due to the fact that the nylon production business is a competitive plan, we intend to engage in massive and effective publicity strategies in order to not only create the right nigeria for our business and generate the needed business that will sustain and grow essay analysis worksheet business, but also to enable us to compete favorably against fashion nylon production companies here in Lagos Island — Lagos State.

Our intention of exploring what publicity means are available to us, have allowed us to engage the services of a reputable business consultant here in Lagos, who fully understands the industry and the kind of business we run and will therefore create effective publicity strategies that will enable us to positively communicate our brand to our target market. Therefore the various platforms that we will deploy to promote and increase awareness for Eddie Nylon Production Ventures are.

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Comments:

11:16 Keshakar:
The interesting part of the crude oil brokerage business is most supplies are always in millions of barrels. Thanks a lot for the simplicity of your article. How To Find Real Crude Oil Sellers And Buyers In Nigeria This article is a continuation of the first in its series titled:

18:59 JoJojin:
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21:39 Faebar:
We will ensure that we are attentive to the wants and needs of our customers.

18:33 Babar:
Eventually, we hope to establish and nurture an online social community where women can gather and discuss topics of the day, network and share clothing secrets.