Cashew nuts production business Plan – When it comes to crops in Nigeria, cashew also known as (Anacardium occidentale) is one of the important edible crops, which also serves as an export product, this is because of its industrial importance.
Potentially, cashew nuts has not been fully harness for its industrial use, rather it has always served for food in this part of the world. Cashew is a seasonal seed, that is highly profitable. The crop is an income crop that has so many health importance to the body. The income generation of cashew can never be over looked, this has formed the basis of this article, which is centered at cashew nuts production.
With our cashew nuts business plan, you can set up cashew nut production business that can earn you a whole lot of income on the long run. The fun part about this seed is that it is common and easily recognizable, profitable as well, and the fact is that it grows on trees.
Historically most Nigerian states are known to have plantation where cashew nuts is grown, states like Plateau State, Kaduna State etc, plantation that spans as estimated land area of 100,000 hectares with an estimated annual production of 80,0000 MT, this alone is said to have a 16% total production in the agro-ecological zone.
Another fun fact is that Nigeria has been the highest supplier of cashew nuts to countries such as India etc, and the estimated export income annually has been recorded at 23 billion Naira. Nigeria is blessed with the land mass, good soil, this has contributed to the agricultural sector of the economy.
Cashew Nuts Production In Nigera
Nigeria, before the discovery of oil has always depended on the agricultural sector for the sustenance of the economy, crops like cashew nuts and cocoa were few of the lots that constituted the main cash crops the country’s economy depended on.
Profitability Of Cashew Nut Business
Cashew nuts production business has become has been one of the sort after snacks for most Nigerians, have you ever thought about the number of travelers on the Nigerian road? Those who buy these snacks while travelling? These are few amongst the many customers who buy the cashew nut snacks.
Cashew nuts can also serve as a substitute for groundnuts, as very nutritious nuts, many customers even prefer cashew nuts to other snacks such as plantain chips and other snacks. This article is to encourage anyone who wants to go into cashew nut business that this is a very profitable business when you put into consideration the number of potential customer base available to you.
The fact is that the demand for cashew nut is high, this level of high demand also goes beyond the Nigerian border, as most countries need this nut, not just for eating but mostly for industrial use, as stated earlier in this article.
What You Need To Set Up A Cashew Nuts Production Business Plan
This article is particularly focused on making money out of cashew nuts business, below are some business ideas you need to get started;
- Capital – Although not capital intensive, you still need some amount of money too get going, you can raise your capital through bank loans, grants etc…
- Get a Business plan – With your business plan, you can actually raise the capital needed for the business. Not only that, the business plan can also serve as a guide on the steps you get to take in order to start up your business venture.
- Location – Where do you want to set up your business, an area accessible to the people should be the target, most people prefer selling from there home and depend on home delivery.
- Packaging – Smart packs can be very attractive, this is the face of the business and most times can actually be the reason some people will want to patronize your cashew nuts business.
- Business name – What name do you want printed on the pack of your cashew nuts. This has to be an easy to remember name, could help if one wants to make a description of your products.
- Register with CAC – After selecting a business name, you now need to register your business name with the regulatory body in charge of registering business name.
- Market plan – How do you want to be known? You can use social media platforms, flyers, radio, TV etc.
NOTE – Our cashew nuts production business plan is regularly updated, customers can use it to apply for loans, write academic projects, access grants etc.
GET YOUR CASHEW NUTS BUSINESS PLAN. To place an order, pay the sum of N10,000 TO
GTBank (Guaranty Trust Bank)
Account Name – Okite Joseph ikenna
Account No – 0044083736
After payment text your name, your e-mail address and bank teller number to 07039768549 and you’ll receive your CASHEW NUTS BUSINESS PLAN/ FEASIBILITY STUDY.
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