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INTRODUCTION

Ibeshe EcoFoods, based in Lagos, focuses on agricultural production and processing to address limited access to fresh and sustainable food options in Ikorodu. The business aims to promote healthy eating and sustainable practices while leveraging technology and market research for feasibility. Key activities include partnerships for sales, competitive pricing, and continuous innovation to build a competitive advantage.

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30 views8 pages

INTRODUCTION

Ibeshe EcoFoods, based in Lagos, focuses on agricultural production and processing to address limited access to fresh and sustainable food options in Ikorodu. The business aims to promote healthy eating and sustainable practices while leveraging technology and market research for feasibility. Key activities include partnerships for sales, competitive pricing, and continuous innovation to build a competitive advantage.

Uploaded by

anthonymeek02
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

INTRODUCTION

 Name & BPIN: Ibeshe EcoFoods (BPIN_IE001)


 Matric Number: GST302/001
 Name of Business: Ibeshe EcoFoods
 Product/Service Focus: Agricultural production and processing
 SDG: SDG 2 (Zero Hunger)
 Study Center: Lagos Study Center
 Academic Program: GST302
 Phone Number: 08012345678
 Email Address: [email protected]
 Zone: Lagos Zone
PROBLEM DEFINITION & GOALS
 Problem Statement: Limited access to fresh, healthy, and
sustainable food options in Ikorodu.
 Mission Statement: To provide fresh, locally sourced, and healthy
food products to residents, promoting sustainable agricultural
practices.
 Vision Statement: To become a leading provider of quality food
products in Lagos State.
 Focused SDGs: SDG 2, SDG 3 (Good Health and Well-being),
SDG 12 (Responsible Consumption and Production)
INNOVATION
 New Ideas: Organic farming methods, value-added products.
 Unique Aspects: Locally sourced produce, sustainable practices.
 Integration of 21st-century Technology: Precision farming, online
platforms.
FEASIBILITY
 Realism: Our business plan is grounded in market
research and feasibility studies.
 Achievability: We have identified suitable land for
farming.
SWOT ANALYSIS
 Strengths: Experienced team, sustainable practices.
 Weaknesses: High initial investment costs.
 Opportunities: Growing demand for healthy food options.
 Threats: Competition from established agricultural businesses.
KEY ACTIVITIES
 Delivering Value Proposition: Fresh, healthy, and sustainable food
products.
 Reaching out to Clients: Partnerships with local markets,
supermarkets, and online platforms.
 Revenue Generation: Farm produce sales, processed food sales,
online sales.
 Building a Competitive Advantage: Continuous innovation,
customer engagement.
FINANCIAL ANALYSIS
 Fixed Costs: Land acquisition, farm setup, processing equipment.
 Working Capital: Initial investment, operational costs.
 Pricing: Competitive pricing strategy.
 Average Monthly Output Estimate: ₦1,500,000.
 Expected Income: ₦1,000,000 monthly.
 Profit and Gross Margin: 30% monthly.
IMPACT & SUSTAINABILITY
 Extent of Positive Impact: Improved access to healthy food
options, sustainable agricultural practices.
 Sustainability: Continuous monitoring and improvement of
farming practices.

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