Blessed by a Business Plan
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God does not play games The third cornerstone recognizes that God does not play games. Give God your unconditional trust and faith to work with Him. We must not neglect family for business The second principle tells us we must not neglect family for business. If you neglect your family in time, space, and support, your life will not be successful.
Then, how do we make it? Blessed Cooking Gas Plant is set to become one of the leading cooking gas plant business in the whole of Lagos State and other cities where our chains of cooking gas plants will be located hence the need for us to build a solid business foundation and business structure that will enable us achieve our aims and objectives. Excellent customer service and efficiency are top priority to us which is why we will ensure that we look for applicants that match the picture of the business who want to build before hiring them. Although we will provide trainings in areas such as excellent customers services and safety as it relates to handling cooking gas et al, but we will ensure that we shortlist applicants that are customer centric.
In essence, we want to build a team, a dedicated workforce that will work together to help the organization achieve its set targets. We will not only hire attendants that will help supervise our cooking gas plants and attend to customers need when they patronize our services, but we will also hire employees that will manage our store where we retail gas cookers, gas cylinders, gas cooker accessories and our gas cooker repair and service workshop.
Blessed Cooking Gas Plant will employ customer centric and skilled people to occupy the following position;. No doubt starting a cooking gas plant is indeed capital intensive especially for aspiring entrepreneurs who may not have huge sum of money saved up in a bank. One of the tools that are required to position us in building a successful cooking gas plant business is SWOT Analysis.
We hired the services of a HR and Business consultant who is based in Lagos — Nigeria to help us conduct SWOT analysis for our company and he did a pretty good job for us. Blessed Cooking Gas Plant is centrally located along one of the busiest area in Akoka — Lagos State; our location is in fact one of our major strength.
Aside from the basic service that we offer, we also offer complimentary services that most of our competitors are not offering.
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So also the vast experience of our management team, we have people on board who are highly experienced and understands how to grow business from the scratch to becoming a national phenomenon and our attendants are well groomed to handle various classes of customers; our excellent customer service culture will definitely count as a strong strength for the business. Our perceived weakness could be the fact it is a new cooking gas plant business which is owned by an individual a small family , and we may not have the financial capacity to sustain the kind of publicity that can give us leverage and start operating chains of gas plants in various cities in the Nigeria as planned.
We are centrally located in one of the busiest communities in Akoka — Lagos State and we are open to all the available opportunities that the city has to offer. Our business concept also positioned us to attract people who like service and repair their gas cookers, purchase gas cookers, gas cylinder and accessories.
Akoka is one of the densely populated communities in Lagos State with a handful of higher institutions, and indeed populations translate to opportunities. One of the major threats that confront businesses all over the world is economic downturn; when the economy is bad it affects consumers spending which in turn impacts businesses negatively.
Another threat that we are likely going to face to confront us is the emergence of a new cooking gas plant, small gas shop or even a filling station that retail gas within the same location where ours is located. One of the trends in the cooking gas plants industry is that, in the bid to stay afloat in the highly competitive cooking gas plants industry, owners of cooking gas plants now go the extra mile to ensure that they make their facility welcoming and conducive for customers. Cooking gas plants now have stores where they retail gas cookers, gas cylinders, and gas cooker accessories and also a gas cooker repair and servicing workshop within their facility so as to leverage on the opportunities around them to generate more income.
Another trend in this line of business is the opening of chains of cooking gas plant in various locations all around key cities in Lagos State and Nigeria by a licensed and registered cooking gas plant company. So also some cooking gas plant now do home deliveries as requested by their clients. With this, they can easily create loyal clientele base. Before choosing a location for our cooking gas plant business, we conducted our feasibility studies and market survey and we were able to identify the location that will benefit greatly from our products and service offerings which is why we deiced to settle for Akoka — Lagos State.
Essentially those who will benefit from our service offering are those who own gas cookers and small businesses that retail cooking gas and they are of course busy corporate executives, business owners, households, students and caterers et al. They are the category of people that we intend marketing our cooking gas plants services to. From our recently concluded feasibility studies and market survey, we observed that there are several cooking gas plants businesses and filling stations that retail cooking gas scattered all over the Lagos State, as a matter of fact, there are about 3 standard filling stations that retail cooking gas close to same locations as ours.
This goes to show that there is stiffer competition in the industry. Before launching our cooking gas plant we have critically studied the market and we know that we have some form of competitive edge. Our competitive advantage is that we have a standard and well — secured cooking gas plant facility that offers additional complementary services that will definitely help us attract and retain customers.
Another competitive advantage that we have is the vast experience of our management team, we have people on board who are highly experienced and understands how to grow business from the scratch to becoming a national phenomenon. So also the wide varieties of other complimentary services and products that we offer and of course our excellent customer service culture will definitely count as a strong strength for the business. One thing is certain, we will ensure that in future, we open our chains of cooking gas plants in various cities in Nigeria and also sell our franchise.
With that our brand will be well communicated and accepted nationally.
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Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category startups cooking gas plants in the cooking gas cum oil and gas industry, meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.
We will also give good working conditions and commissions to freelance sales agents that we will recruit from time to time. The marketing strategy adopted by Blessed Cooking Gas Plant is going to be driven basically by making available standard and safe cooking gas, gas cookers, cylinders and accessories et al, excellent customer service and provision of complimentary services. We will work hard to build a loyal customer base; customers that will always patronize us over and over again and as well help us use word of mouth publicity to get their friends and acquaintance to patronize us.
We want to drive sales via making available easy and safe to use cooking gas pumps et al. We are quite aware of how satisfied customers drive business growth especially businesses like cooking gas plant which is why we will always ensure that our customer service and facility are top notch. Over and above, our unique selling proposition is that we have various complementary service offerings such as retailing gas cookers, gas cylinders, and gas cooker accessories and also a gas cooker repair and servicing workshop. In view of that, we are going to adopt the following strategies to ensure that we do not only attract customers but ensure that they become loyal customer.
Part of the marketing and sales strategies that we will adopt is;. Blessed Cooking Gas Plant is established with the aim of maximizing profits in the cooking gas plant cum oil and gas industry in Nigeria and we are going to go all the way to ensure that we do all it takes to generate enough incomes from both our basic product and services offerings and our complimentary services. One thing is certain when it comes to cooking gas plant business, if your cooking gas plant is centrally positioned and easily accessible, you will always attract customers cum sales and that will sure translate to increase in revenue generation for the business.
We have been able to critically examine the oil and gas industry cum cooking gas plant line of business and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast.
The sales projection is based on information gathered on the field and some assumptions that are peculiar to startups in Lagos — Nigeria. Below are the sales projection for Blessed Cooking Gas Plant, it is based on the location of our business and other factors as it relates to small scale and medium scale cooking gas plant company start — ups in the United States;.
Please note that the above projection might be lower and at the same time it might be higher. Despite the fact that our cooking gas plant is a standard one with a wide range of other complimentary services and products that can favorably compete with other leading brands in the cooking gas plants industry, we will still go ahead to intensify publicity for all our products and brand.
We are going to explore all available means to promote Blessed Cooking Gas Plant. Blessed Cooking Gas Plant has a long term plan of opening our cooking gas plants in various locations all around key cities in the Nigeria which is why we will deliberately build our brand to be well accepted in Akoka — Lagos State before venturing out.
As a matter of fact, our publicity and advertising strategy is not solely for selling our products and services but to also effectively communicate our brand. Here are the platforms we intend leveraging on to promote and advertise Blessed Cooking Gas Plant;. Be that as it may, the management of Blessed Cooking Gas Plant has put plans in place to offer discounts for our complimentary services and products once in a while and also to reward our loyal customers especially when they refer clients to us. The prices of our products and services will be same as what is obtainable in any part of Lagos State, Nigeria.
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The payment policy adopted by Blessed Cooking Gas Plant is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.
In view of the above, we have chosen banking platforms that will enable our client make payment for farm produces purchase without any stress on their part. Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfer for the purchase of our products and services.
In setting up any business, the amount or cost will depend on the approach and scale you want to undertake.
A Sample Cooking Gas Plant Business Plan Template
If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive. This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked. As for the detailed cost analysis for starting a cooking gas plant business; it might differ in other countries due to the value of their money.
We know that no matter where we intend starting our cooking gas plant business, we would be required to fulfill most of the items listed below;.