Soybean oil business plan

Or you need a sample soybean processing business plan template? If YES, then i advice you read on. Food processing is one of the hottest business opportunities in Africa and in developing countries in the rest of the world. These countries spend several millions of dollars annually on importation of food products, even though the same foods can be produced locally.

Soybean oil business plan

Furniture makers Our Competitive Advantage Every business that is established to make profit knows that it needs strategies that will allow it has competitive advantage over others in the same industry.

At Strum Soybean Oil Production Company, we intend to become a renowned company not only in North Carolina but in the entire United States as well, and we have drafted competitive advantage strategies that will ensure that we achieve our vision. We are going to be one of the few soybean production oil companies that will retail its products to end user consumers as well as distributors.

This we intend to do so as to encourage increased patronage and increase awareness for our company as well. We also intend to deploy effective publicity strategies that will increase our awareness in North Carolina by participating in community programmes and sponsoring events and people to achieve their dreams.

This way, we are the first company clients come to instead of our competitors.

soybean oil business plan

Lastly, we intend to offer excellent customer service that will attend to the various needs of our clients, from order processing, inquiries, complaints as well as suggestions.

We also intend to keep in touch with our existing and potential customers through our various social media platforms and our website that will be handled by the best customer service executives in the industry. Soybean oil is the most edible oil that is consumed in the United States of America, and so we are going to ensure that our soybean oils are produced and refined at a very high quality so as to meet the health demands of our numerous customers.

Strum Soybean Oils Production intends to generate income by engaging in the sales of the below listed products and services: Refined Soybean oil for domestic consumption Soybean oil for industrial consumption High-protein fiber for animal feed Consultancy services Training services Sales Forecast Due to the increasing demand for soybean oil by domestic and industrial customers in the United States, our sales forecast is that there will always be sales of the product no matter what.

Our strategic location in Raleigh, North Carolina has primed us into ensuring that we meet our various targets of generating enough revenue within one year that will not only grow the business but expand it at our own pace as well.

Our hired business consultant has gathered information and data from various market and sales researches that has allowed us come up with accurate predictions that has favored our soybean oil production company.

The projections were done based on similar start-ups in North Carolina as well as certain other assumptions peculiar to soybean oil production companies. Below are the sales projections for Strum Soybean Oil Production Company which is entirely based on our strategic location and other factors; First Fiscal Year-: However, these projections might increase or decrease as the current projections were done based on the certain factors such as the economy and our location.

A change in any of these factors will likely trigger an increase or decrease. Marketing Strategy and Sales Strategy Our current location was chosen after several feasibility studies were conducted as to what location would be favorable to our marketing strategies.

We know how important marketing is and also how important having the right strategies at the right place is likely to propel our business faster. Our marketing strategies are intended to not only allow us become a big brand in North Carolina but also in the entire United States as well.

Our marketing strategies will also penetrate the market to reach our various customers while also competing favorably with other leading brands as well. Seeing that marketing serves as a double edged sword — publicity and revenue generation — we have hired a marketing expert that will help our marketing executives draft and deploy effective strategies aimed at achieving our vision and goals as a company.

A Sample Soybean Oil Production Business Plan Template

Our marketing expert has a huge understanding of the Soybean Oil industry and knows what it will take to propel us to the forefront in North Carolina and throughout the United States of America. We do not intend to be limited to physical marketing as we know how effective the internet and technology is in achieving our visions and goals.

Our social media platforms will always be manned by professionals who know the right words that will attract potential clients, and who will make the platforms as interactive as possible.

Other strategies are in participating in local community events as well as sponsoring local events that will increase awareness about our company. We also intend to participate in trade fairs so as to bring us closer to our customers.

We know how important it is for our marketing executives to be empowered in delivering our corporate sales and marketing goals, and so we will provide them with the necessary tools that will help achieve our goals and objectives.

We at Strum Soybean Oil Production Company intend to leverage on the following strategies in order to generate revenue for our company; Introduce all our products and services to our clients via our official website Throw an official launch party so as to generate the required awareness for our soybean oil company See out reliable soybean farmers and introduce our soybean oil production company, in hopes to get a discount when purchasing soybeans as well as ensure they spread the word about us.

Participate in community events and in trade shows Use our social media platforms such as Facebook, Twitter and LinkedIn to vigorously market our business Ensure that we are listed in local directories and yellow pages Place adverts in local and national newspapers, radio stations as well as television stations Engage in direct one-on-one marketing Encourage our loyal customers to help refer other potential customers to us Ensure that we come up with promotional offers so as to boost our revenue Soybean Oil Production Business Plan — Publicity and Advertising Strategy Every company requires publicity no matter how long they have been established.

Publicity achieves certain things for a company which includes increased awareness and patronage which then results in increased revenue. Also, engaging in publicity will allow Strum Soybean Oil Production Company to compete favorably with other leading brands in the industry. Publicizing our soybean oil production business in Raleigh — North Carolina will ensure that our brand is firmly rooted in this state and in preparation for our expansion plans across the United States of America.

We hired a publicist who has developed strategies that will not only ensure that our business is thoroughly publicized and advertised but also that people understand what we stand for. There are certain platforms we intend to use in intensifying our publicity and advertising strategies for Strum Soybean Oil Production Company and they are: All these factors are used to determine what rate the soybean oil would be sold for.Appreciate to send me the soybean oil processing equipment list along with the quotation in detail,including of raw material crushing and extraction lines, refined oil processing lines, packing oil production 1ltr & 5ltr facilities,market scope of Soya bean oil.

Soybean Oil Production Business Plan – Executive Summary. Strum Soybean Oil Production Company is a renowned establishment that will be based in Raleigh, North Carolina in the United States with the intention of selling refined soybean oil to domestic and industrial clients. feasibility study & preliminary business plan for a michigan soybean crush plant, soybean oil refinery and/or biodiesel production plant in gratiot county or other michigan sites.

In starting a soybean oil production business, the location plays a most important role. You must establish the unit nearby the soybean growing areas.

Because you have to ensure the supply of soy seeds at your factory without spending much transportation cost. soybean oil production business plan sample template [ pdf / doc ] Are you about to write a business plan for soybean oil production company and do not know how to go about it?

To write a soybean oil production business plan, you really need to read this post because that is what it is all about.

Your soybean oil processing business plan will include details about your business such as the mission statement, business overview, products and services, required startup and operations costs, management summary, market analysis and competition, marketing strategies, and so on.

A Sample Soybean Oil Production Business Plan Template