Business Plan for Growing and Processing Cashew Nuts

The farming and processing of cashew nuts is a sector of commerce with enormous potential. Even though this is the truth, getting started has proven to be difficult. Many elements need to be taken into account in an effort to create your firm. In order to make real progress, the business plan is essential.
 
In summary
The cashew nut growing and processing company Agro Hub will be based in Jos Plateau State. Our primary pursuits are the commercial production of cashew nuts for both the domestic and global markets. Despite having a global vision, we shall operate locally in order to increase productivity.
 
Our company is focused on excellence. Therefore, we are doing all possible to achieve our goal. Additionally, customer happiness is our business’s key goal. We are aware that only top-quality goods can ensure client contentment. Therefore, it only makes sense that we work to surpass the goals we have established.
 
Products and Services We Offer
Our primary pursuits are the farming and processing of cashew nuts. However, training seminars are one of our other specialties. This would be set up for future farmers. In addition, we will provide other farmers with advisory and consulting services. We will charge our clients for these services. Our farm currently spans 5 hectares. Our main source for nuts will be from this area.
 
Vision of the Year
Our company places a lot of importance on branding. Therefore, we want to use this to influence young people’s perceptions of farming. Many people believe that farming is only for the poor, so this is vital. By creating a prosperous company, we will alter this perception. By doing this, those who are interested in learning will receive training in high-impact agriculture.
 
Mission 
Building a world-class Agro business is our goal at Agro Hub. We aim to be a successful example of what a business should be as we are situated in Nigeria and export to the entire world. We shall therefore generate foreign exchange for Nigeria’s economy in order to do this.
 
Capital Needed
Our goal cannot be achieved without funding. As a result, businessman Mr. Daniel Peters has set aside N5,000,000.00 in savings. A debt finance facility will be used to raise the amount of N15,000,000.00.
 
Competitive Benefit
 
Act locally and think globally is our straightforward business guiding principle. The foundation of all we do is this. Our greatest asset is our personnel. They would therefore be strongly driven to ensure optimum production. This will manifest itself in enticing pay. Additionally, a favorable work atmosphere will be offered.
 
This will guarantee that they give it their all. Periodically, refresher training sessions on industry best practices will be held. This will guarantee that they perform at their best. One more thing we intend to do is make equipment investments. We understand that only the greatest tools will produce the best outcomes. Consequently, a sizeable portion of our cash will be invested in this region.
 
Market Sighting
 
The world consumes a lot of cashews. It follows that markets are present everywhere. The local market is crucial to our expansion, though. We must first dominate the domestic market before expanding internationally. As a result, both the domestic and global markets are our targets.
 
The launching pad will be the domestic market. We intend to target the broad populace in the Nigerian market. How can we go about this? by spreading knowledge of the advantages of cashew nuts. Also emphasized will be the sector’s potential.
 
Pricing Methodology
To create a win-win scenario, we must balance our price. But in order to accomplish this, we must employ a successful plan. We achieved this by providing our products at lesser pricing. 2 months of this will be in effect before prices return to normal. This is a tactic to take a reasonable portion of the market.