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Boli (Roasted Plantain) Business Plan Financials, Model and Financial Projections Excel Template

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Category: Financial Plans & Projections



Overview of Boli Business in Nigeria

Boli or bole as many people call it is a well-liked delicacy in Nigeria, it can be roasted yam or plantain. It goes with stew sauce made from palm oil, in some cases taken with; groundnut, fried fish snails and gizzard. It is considered as an appetiser by many, that is; something to snack about. This is a delicacy that is barely prepared at home regularly except occasionally. That is why Boli business deserves venturing into since patronisers are many. This is a business that was termed to be filthy but not any longer as graduates are currently making a profession out of it. Bole business has received a face lift; it is currently run in an executive method. You can start up this business and introduce your personal style to it. You will get lots of consumers if you are doing online sales. Big men as we call them, bankers and employees with tight schedule will be ordering for it.

Potentials of Boli Business in Nigeria

It is really profitable, envision buying a bunch of plantain #4,000 and preparing sauce with #1,000. At the end of the day you sell everything #10,000, that is a good a good deal. Are you aware you can make #2,000 or more from one tuber of big yam. Three pieces of sliced yam is now sold for #200 or more, and selling the same yam for about 20 individuals is really a great deal. You can determine the profit on your own. Aside from making earnings from the roasted yam or plantain you will likewise make profit from the fish, snail or any type of additive you are offering.

Steps to Starting Bole or Boli Business in Nigeria

            The following will guide you on how to start Boli business in Nigeria;

Write a Business Plan

You may be wondering what this is for and might be tempted to say for Bole again? Well! The response is yes; with a business plan you will understand what to do each time. So go on and write Boli business plan in Nigeria.

Chose Location

Location is the most crucial aspect for this business therefore, choose where you can quickly be spotted. A busy roadway, the junction where two or more roads meet, Motor parks, office area, market, near higher institutions and so on.

Capital

Since the amount needed to start up Boli business is very little you can source for cash from friends, neighbors and family members. You can join thrift collector to assist in getting and keeping the money in bulk.

Buy Tools

After saving sufficient cash buy all the required tools for the boli business.

Determine where to source for raw materials

Since it is a business that is done virtually on a daily basis determining where to be getting raw material is crucial. There are lots of yam suppliers that buy from farmers and distribute to retailers, get their contacts and reach out to them. Purchasing in bulk is the very best method to go. Do exact same for plantain as well.

Go for Training

You can discover ways to roast plantain and yam if you do not have any concept. Check YouTube for steps on the best ways to roast yam and plantain as boli. Roasting is an ability which ought to be learnt or practiced.

Begin Making your Boli

Begin roasting your Boli for sale, make it good and tantalising by spicing them up with ingredients. Go for good yams and matured plantain. If the plantain is not mature you will not make great gains.

 

Overview and Features of the Excel Template

The excel template comes with a powerful presentation and a thorough financial analysis and model for succeeding in this business venture. The template will enhance your chances of getting grants, attract investors and bank loans.

Inside this template, you will get:

  1. 3 years Income Statement.
  2. 3 Years Financial Position
  3. Cash flow Statements
  4. Trial Balance and Account Charts.
  5. Automated Macros to make the template faster, user friendly and accurate with little or no manual input.
  6. 24/7 Support from our team of financial experts and analysts.

 

Ms Excel Template

V.1 (2022)

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