Currently, food stuffs are brought from farmers and they are not always enough for consumption. Beside most customers complain about bad and low quality food items. The key players in most Nigerian communities are household, hoteliers, individuals and other smaller stores.

The potential challenges are the spoilage of the food. However, with a good storage facility for the food stuffs preservation, the business will progress far.

The major target markets for food items business are Adults, Children and teenagers who will have need for food provisions, milled income earners who will have need for all food items., high income earners who may stop by due to location. Total market size – business location is close to a school of about 100 school children who will have needs of food provisions.

Overview of The Template

The Excel template outlines the financial plan and projections for a food item and Grocery business. The template highlights the sale of locally sourced and imported item that can be used in various home such item include, milks, books, breads, soaps, relaxers detergents, insecticides, cornflake, Powdered Milks, Bonvita/Milo, Chocolates, Biscuits, Cereals, Soaps /Detergents, toothpaste, drinks and so on.

Fresh Food Stuffs: Garri, Plantain, Yam, Beans, Rice, etc. accurate and reliable delivery of my product will leads to sustainability of the business and customers.

Features

1. Comprehensive Profit and Loss Projection.
2. Sensitivity Analysis.
3. Pre-Operating Equipment Requirements.
4. Operating Expense List.
5. Loan Repayment Plan.
6. Direct Material Cost.
7. Proposed Pricing.
8. Cost Forecast.
9. Sales Forecast.
10. Cash Flow Statement.
11. Viability Analysis.

Use Scenarios

This excel template is most suitable for the following:

1. Promoters of existing and New Start-up Businesses that need funding in form of grants,loans,partnerships etc. from Government agencies and venture capitalists.
2. Business and Financial Analysts working on viability and feasibility of a food item and grocery business in Nigeria.
3. Business Administration and Entrepreneurship students who need a comprehensive financial plan for a Business Plan.
4. Investors and Venture Capitalist who need financial analysis of the food items and grocery business for informed decision making.
5. Entrepreneurs who need expansion ideas for their businesses.