Tissue Paper Production Business Plan in Nigeria
Our sample Tissue Paper Production Business Plan in Nigeria can be used for proposal writing, access bank loans, and grant applications. This business plan was complied after a proper feasibility study for tissue paper factory in Nigeria was carried out. Furthermore,this article will be answer the following questions for you in tissue/production in Nigeria:
Also Read: Nylon Production Business Plan in Nigeria
- Tissue paper manufacturing in Nigeria
- Setting up a tissue paper factory in Nigeria
To get your own sample Tissue Paper Production Business Plan in Nigeria, pay N50,000 to:
BANK NAME: FIRST BANK PLC
ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM
ACCOUNT NUMBER: 3066880122
After payment, text your full name, email address and title (toilet tissue production business plan pdf) to 07033378184. Your business plan will be sent to your email within 15 minutes.
Tissue paper or toilet roll as it is popularly called in Nigeria is wildly used all over the country nine out of ten homes are constantly using this commodity, in the commercial world the use cannot be over emphasized form bank, restaurants, bars to other offices. There is a huge daily demand of tissue paper which cannot be met by the many tissue factory situated in the country and this demand is on the increase due to the sensitization and need for personal hygiene, thus the need for having this business proposal drafted out.
Tissue paper comes in several shapes, sizes and colors but however it comes one thing is certain they clean pretty good.
Why Tissue Factory?
As we move about our normal daily lives, there is always need for personal hygiene and this comes in various form from using the rest room to wiping down sweat after a difficult task or during a hot day, after a quick meal or snack to wiping dust from our glasses, from the kitchen to the car, the need for tissue paper cuts across everyone in every works of live making the tissue factory business a lucrative business to invest in.
Size of Business Considered (Scale)
Depending on the resources available to you and the time you have on your hands that will be the determining factor of the scale of business you intend to operate.
Things To Do
One of the major causes of a business folding up is lack of adequate and extensive research about the business that one wants to venture into. Not studying about or doing adequate feasibility study before starting a business is flying blind you will sooner than later come to a sudden unplanned halt.
For you to scale this huddle you must read wide, materials and more details can be gotten from the internet, people who have been doing this business for at least a reasonable period of time to be able to guide you, you could enroll for a course or two to ensure that you are well equipped for this business. Knowledge they say is power, so go get you power.
o Come up with a Fool Proof Business Plan
A business plan is like the blueprint of your business. This helps you define boundaries and know how far you are willing to go in the business; this will help you plan for the long term and the short term, this will help you know early or map out your do’s and don’ts in the business, know your who is who and lay out all that will most likely be needed to start the business from ground up like machineries/equipment, location, customer base, personnel, etc.
o Get Adequate Training ( Business, HR, Machinery, etc.)
Just for emphasis sake we are reiterating the need for training in this business it’s one thing to have the startup capital and another thing entirely to know how the business should run from raw material stage to finished product stage and also to know if not everything then a bit of how the equipment should function because depending on how large you intend to start you may need to do some ground breaking task before the business is fully operational.
o Secure the Production Site
It is also important to note that you will need a location for your production which cannot be a residential quarters, so there is need to secure a production site which must be a place where one could install equipment/machineries permanently. In also getting this location the safety of the machineries need to be paramount; security of lives and properties must be guaranteed.
o Registration and Licensing
While working on securing a production site you need to get your business name and business registration this helps for the smooth running of the business without interruption from business regulatory bodies at any point in time. Cooperate Affairs Commission (CAC) is the place to get your business registered so visit this ministry or contact your lawyer to go about this in a legal way.
o Purchase / Procurement and installation of Machineries
The next thing that you should consider at this point is equipping your factory which will also require some research; to get durable machine that will stand the test of time and put at the top of the production chain.
Here are a few of the machine that you could purchase for a smooth startup.
- Band saw cutter
- Rewinding machine
- Core making machine
- Embossing unit
- Perforating unit
There are more sophisticated machines that can ease and improve production which can be imported from other countries abroad.
o Procure Raw Materials Needed
In getting the raw materials needed for the business you need to be sure they are of high quality, you don’t want your first production to be substandard products this has a way of repelling customers and it has a long term effect on the marketing and supply.
o Hire Skilled and Committed Personnel
Hand picking experienced staff and operators cannot be over emphasized. Ensure these workers have adequate pre-knowledge of the machines and the daily routine of that industry. It will be a mistake hiring total rookies or people that need extensive training; for a healthy startup, training should not be included at yet. Ensure also that the operators hired are committed to the welfare of the staff.
o Start Production
In the start of production you must ensure that you product passes the standard. Standard Organization of Nigeria must certify that your product is worth the consumers’ money and patronage. This comes by carefully inspecting every stage of production and ensuring everything is done as it should. You could employ the services of a quality assurance officer.
o All Out Marketing and Advertisement
You need to consider that you are not the only one with such business in the country and most of them have been in business long before you came along and have most likely captured the minds of their customers which you are also competing for, with this in mind you need to have a surgically précised advert plan and marketing strategy. If you lack this, you may struggle in getting ahead in this business so it is also important to note that you can hire a professional strategist in the area of marketing and advertisement.
After advertisement and marketing then comes supply, now people are interested in your product you have to ensure this product gets to the door step of the wholesalers, retailers and anyone who needs it and also in good time to be able to keep your customers happy and satisfied. This will make you rise gradually if not quickly to the top of the list and keep you there.
o Restructuring and Expansion
In your plan for the business there has to be room for expansion and restructuring. Learn to learn new things and unlearn old things that are not working for you good.
PROS AND CONS (CHALLENGES) OF RUNNING A TISSUE PAPER FACTORY
Demand: Nine out of ten schools, offices, banks, homes, restaurants, bars, eateries, etc. require the use of tissue so this create a high demand that has not been met by the numerous manufacturers of tissue paper, so this makes the market an enormous market with endless possibility.
Brands name: Though the market is wide people usually go for trusted brand names as they are familiar with them. This makes it more difficult for marketers to penetrate the market and get through to the consumers. One piece of advice is making sure your product is of great quality and concentrates on building your brand name.
Business registration time: In developed countries of the world it take at most 24hours to register a business but in Nigeria which is an under-developed nation it take about 30days or more depending on the kind of business you intend to start.
Loan facility may take longer than anticipated: Depending on how you intend to raise your capital, most factories are financed by securing a loan from a bank and in a place like Nigeria that may take a very long tome due to the nature and economic state of the country this may take between six months to one year.
Power inconsistency: It is not news that the nation is suffering from epileptic power supply, so production is mostly cut down by half because of this and to overcome this challenge you need to power the factory with a generating plant which doesn’t come cheap nor the fuel (another scarce commodity).
Expiry date: On like other house hold consumables the tissue doesn’t have an expiry date so it makes it easy to store for a pretty long time even if the sales and supply at some point becomes slow.
Machine failure (mostly with locally fabricated machines): If for reason of shortage of funds you get the locally fabricated machine you may be faced with dealing with faulty machine and this come often so its advisable you change these machine to the foreign ones as soon as possible to stay ahead.
It is said “a stitch in time saves nine”, safety is important so preparation for disaster is important for the smooth running of the factory. If possible have a fire or disaster management department that specializes in putting out fire and all other disasters that may come up during or after working hours. Here are a few things that are needed for the smooth running of such a department or in prevention of this ugly incidents that can reduce all investment to ash and smoke.
- Hydrant points
- Fire extinguishers
- Smoke alarm
- Safety gadgets
- Safety officers and personnel
WHAT SIZE? (SCALE)
This business can be done on three levels namely small scale production, medium scale production and large scale production.
Small Scale Production:
This is by far the cheapest form of tissue production that there is. You don’t need to have machines or a production center all that needs to be done is contacting other manufacturers of tissue and purchase the jumbo roll from them and use their machines to cut to size, the you will package and imprint your brand name as you so desire. Though you don’t need machines to start this but you will also be sharing a big chunk of your profit with these companies.
One of the challenges you may encounter is that the these big and already thriving companies may not have the time to produce for you especially because they are spending time to build their own brand name and also because you are a possible competition to them in the market. With these your efficiency may drop by half and they may not put in a lot of energy to ensure your product comes with the best quality.
Medium Scale Production:
Medium scale production entails everything in large scale production, you do everything yourself from raw material to finish product. The only difference is the kind of machines used, while you use automatic machines in large scale production you make use of manual machines which are more stressful to operate and have a high tendency of constantly breaking down , they consume more power than the automatic machines and in the long run more expensive to keep running. These constant machine failures have a way of crippling the company and hindering it from growing but most manufacturers started from this stage so they could save up money to buy automatic machines. So if you have to start here then you have to work twice as hard and plan towards expansion.
Large Scale Production:
You will need to have a lot of money to star up on this level because all that you will be using for your production will be automatic machines and most likely imported and with the current crisis in the foreign exchange you will have to spend a huge sum to start up, but the gain is enormous you have so much to gain starting out at this level.
Get your sample Tissue Paper Production Business Plan in Nigeria today.
To order the business plan, pay N50, 000 to:
BANK NAME: GUARANTY TRUST BANK (GTB)
ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM
ACCOUNT NUMBER: 0044056891
BANK NAME: FIRST BANK PLC
ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM
ACCOUNT NUMBER: 3066880122
After payment, send your full name, email address and topic (i.e. toilet tissue production business plan pdf) to 07033378184. Your business plan will be sent to your email within 15 minutes.
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