INTRODUCTION
Nigeria has a very large and ever increasing population.
New buildings are always erected and old buildings are renovated.
Hence, one product that will be needed always and the market will always demand is paint,hence,
Paint production business is a very lucrative business to venture into.
This paint production business plan has a 3 years projection revealing plans and milestones to cover in accordance with the vision and mission of our paint production business.
EXECUTIVE SUMMARY OF OUR PAINT PRODUCTION BUSINESS PLAN IN NIGERIA
ACA Paint production company in Nigeria is a startup business.
The paint production plant is situated in Sango-ota Ogun state Nigeria.
Sango-ota is tagged as an industrial town and no doubt about that since a lot of companies is Located in that area of Ogun State.
This company is a Limited Liability Company that is owned by five(5) entrepreneurs.
Our paint production company is very close to construction companies and land development companies who happen to be our number one clients and we are also close to a very big market that makes wholesalers and bulk retailers patronize us.
ACA Paint production company is easily accessible and we deliver faster than our competitors because of our proximity to the main road and also to our customers.
ACA Paint production company has recently acquired 6 acres of land where we will build a gigantic structure that will serve as our paint production factory.
productions here are no doubt going to be on a very large scale.
ACA paint production company is open to the use of the latest technology that will aid our efficiency, we are going to take inventories, reply customers inquiries through robotic services, electronic
ordering and payment will also be done online.
ACA Paint production company in Nigeria will rise to the limelight due to the management and the CEO’s experience and knowledge acquired, they will be bringing production skills, packaging skills, management skills and customers relationship skills into the industry.
We will seek funds of N 10,000,000 through a long term loan application with the financial institution in the country,which will be used for expansion.
N 4,500,000 will be used for Equipment procurement while N 5,500,000 will be used as the operating costs through the first 6 months, loans repayment will be expedite after 6 months and the turn-in for the year will be N 7,000,000.
VISION STATEMENT OF ACA PAINT PRODUCTION BUSINESS PLAN IN NIGERIA
- To be the best paint producing company in Nigeria and to compete favorable with our international competitors
OUR MISSION STATEMENT
- We are wholeheartedly committed to contributing our quota towards improving the nation’s economy through foreign exchange of paint.
- We are interested in training and mentoring intending paint enthusiast in a practical and interactive environment through the help of well trained personnel in our company
BUSINESS OBJECTIVES OF ACA PRODUCTION BUSINESS PLAN IN NIGERIA
To achieve healthy returns in the first year of operation.
To have a mid range gross margin throughout the entire operation.
To maintain detailed inventory levels, or 11 turns per year.
To increase sales modestly and steadily in the second and third years respectively.
OUR PRODUCTS AND SERVICES INCLUDES
- Bitumen Aluminum paint
- Satin paint
- Marine paint
- Construction chemicals: Epoxy flooring products
- Protective coating Products
- Metallic floor coating
- Solvent free Epoxy primer
- Paint production training and consultancy
OUR PAINT PRODUCTIONS PROCESSES AT ACA PAINT PRODUCTION COMPANY IN NIGERIA
Making the paste
ACA Paint production company sends packages of fine grain pigments to our paint plants. There, the pigment is premixed with resin, one or more solvents, and additives to make it a paste.
Dispersing the pigment
At ACA Paint production company up to 90 percent of the water-based latex paints designed for use by individual homeowners are processed in a high-speed dispersion tank.
There, the premixed paste is subjected to high-speed agitation by a circular, toothed blade attached to a rotating shaft.
This process blends the pigment into the solvent.
Thinning the paste
Whether created by a dispersion tank, the paste must now be thinned to produce the final product. Transferred to large kettles, it is agitated with the proper amount of solvent for the type of paint desired.
Canning the paint
The finished paint product is then pumped into the canning room. For the standard 8 pint (3.78 liter) paint can available to consumers, empty cans are first rolled horizontally onto labels, then set upright so that the paint can be pumped into them.
A machine places lids onto the filled cans, and a second machine presses on the lids to seal them. From wire that is fed into it from coils, a bailometer cuts and shapes the handles before sticking them into holes precut in the cans.
4 cans are now packaged and stacked before being sent to the warehouse.
MARKETING ANALYSIS
We will be serving bitumen Aluminum paint to 800 individual customers on weekly basis at N 1000 per paint rubber in a month it’s N 3,200,000 and annually its N 38,400,000 We will be serving satin paint to 650 customers on weekly basis at N 900 per paint bucket and in a month it’s N 2,340,000 and annually its N 28,080,000. We will be selling marine paints to 100 customers on monthly basis at N 50,000 and in a year that’s is N 60,000,0000
For more detailed marketing analysis get our template or customized business plan today
COMPETITIVE EDGE
Location
ACA tomatoes plant is located in Sango-ota Ogun state Nigeria. Sango-ota is a stone throw from oyo state, Sango-ota is a town notable for manufacturing companies and also the center of commerce in the state.
ACA paint company is located where it is easy to get man power. There is easy access to the plant to get to work and go back after work this will definitely increase our company’s production process.
Procurement And Use Of Complete Equipment
For continued and uninterrupted production ACA paint production company uses complete equipment and these equipment are in the best condition and they can be obtained overseas.
Adequate Manpower
ACA paint Company,will employ capable hands to manage the equipment. We will ensure that they are qualified and well trained to ensure the safety of the equipment and the employees
Marketing By Packaging
Our products will be of great quality and our packaging will be top notch. This means that ACA paint production company will pay close attention to the final packaging.
Quality products don’t just cut it alone, our packaging will be of equal high standard.
We will imbibe international quality of packaging for our export activities.
MAIN MATERIALS AND EQUIPMENT FOR PAINT PRODUCTION BUSINESS PLAN IN NIGERIA
- Paint mixing room
- Preparation area
- Hydraulic pump and filters
- Stationary dispenser
- Barrel filler
- Lift truck
- Re-generators for the solvents used with paint
- Disperser on shaft
- Cables
- Label printers
- Safety shoes
- Conveyor belt
- Plastic raw materials
- Bead mill
SWOT ANALYSIS
STRENGTHS
- Leading brand in overall paint market and decorative paint market in Nigeria
- Strong inventory control
- Varieties of Products and shades
- Capacity expansion
- Nationwide dominance
WEAKNESSES
- Seasonal demands of some products
- Hiccups in international businesses
- Industrial business performing below expectations
OPPORTUNITIES
- Introducing water-based paints
- Broadening of our distribution chains
- Repositioning of existing brands in rural areas
- Increase market share in industrial paint sector
THREATS
- Rising costs of raw materials
- Competition is catching up with Hi-Tech Facilities that gives abundant choices to buyers
- Divestment in few foreign countries.
For the full details of our template or customized business plans which contain standard business plan table of contents such as Executive summary, business description, industry overview/trends, products and services, marketing analysis, sales and marketing strategy, organizational/ management structure, SWOT and PEST analysis, financial plan.
We also organize training, prepare business model canvas,Grants application assistance and feasibility reports:
Please call us on: +2348147161686; e-mail: info@apprenticeship.ng
