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The Farm Life Blog

At Sustain Afric farming is not a job, its a lifestyle.  

Business Plan on Commercial Tomato ๐Ÿ… Production

COMPANY XX BUSINESS PLAN

ย You can get the full business plan on our Selar

https://selar.co/wxhm

I.0 Industry Overview

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Agriculture is critical to achieving global poverty reduction targets and it is the single most important sector in most low-income countries, as concern its share in the Gross Domestic Product (GDP) and equally, in terms of several people, it employs. According to the World Bank report (2007), agricultural development is one of the most powerful tools to end extreme poverty, boost shared property and feed a projected 9.7 billion people by 2050. In addition, the same report holds that growth in the agricultural sector is two to four times more effective in raising income amongst the poorest as compared to other sectors. This has made agriculture remain a core activity in developing economies.


You can get the full business plan on our Selar

https://selar.co/wxhm

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Cameroon commonly referred to as โ€œAfrica in miniatureโ€ for its geographical diversity and cultural vibrancy; provides fertile grounds for productive agricultural activities. Cameroon lies on the Gulf of Guinea, with Nigeria to the northwest and Equatorial Guinea and Gabon to the south.

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1.1 Tomato production in Cameroon

Tomato production in Cameroon is estimated at 877,937 tons, with an accompanying yield of 12,286kg/ha. A bulk of its production comes from the southwest region. Nevertheless, this is much lower than the mean world (33,988kg/ha). Such low yield is due to the inefficient production level of farmers.

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Cameroon faces a multitude of threats to the food security of millions of its citizens. A staggering 2.6 million people in Cameroon are facing phase three (crisis) food insecurity, leading to severe malnutrition, and stunting for vulnerable children. To provide an answer to these issues, COMPANY XX is engaging in Tomato Production and Processing to provide food and employment to the affected population. Tomatoes are a major component of most staple food in West and Central Africa, the Caribbean islands, Central America, and northern South America.

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In our first 3 years of farming, we will focus on Tomato farming and processing to maximize profit. Plantation farming has been proven to be one of the most lucrative businesses for an agriculture entrepreneur. There are several tomato plantations scattered all around Africa, South America, and coastal states in Cameroon. This is so because tomato easily grows and thrives well in most areas. Tomatoes are a major dietary source of vitamins for millions of people.

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Agriculture is vital to the economy of Cameroon and employs half of the workforce. Throughout Cameroon.

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COMPANY XX Intends to increase the production of food crops and the employment of Cameroonians to eradicate food insecurity and unemployment. Experts reveal that barely 30% of the opportunities presented by agricultural production are exploited, allowing us to benefit from extending the exploitation of tomatoes and other agricultural products.


You can get the full business plan on our Selar

https://selar.co/wxhm

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Taking advantage of recent advancements in technology, COMPANY XX plans to use modern methods of agriculture to ensure achieving better quality, food security, and improving the livelihood of the rural inhabitants. The efficient use of natural and development or processing resources will guarantee high yields and profitability.

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It is our goal to extend the size of our farms after the first three years, and increase the capacity of the processing plant; producing and packaging fresh tomato and tomato paste. This will allow us to maximize commercial tomato farming and processing, making substantial profits from the business.

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2.0 EXECUTIVE SUMMARY

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COMPANY XX is a world-class and registered commercial farm that will be based in location xx Cameroon. We have done our detailed market research and feasibility studies and we were able to secure well-situated and suitable farmland to start our commercial tomato farming project.

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Our commercial tomato farming is a standard commercial tomato farm involved in both commercial tomato cultivation and tomato processing and packaging of tomato. We will be involved in both organic and non-organic commercial tomato farming.

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We have put plans in place that will help us launch a standard and world-class tomato processing plant within the first three years of officially running COMPANY XX. We will process and package tomato paste and ensure that they flood the market both in Cameroon and in other countries of the world; we want to compete with the best in the industry.

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We have hired key employees and contractors who are currently working and undergoing training to fit into the ideal picture of the 21st-century commercial tomato farm workforce that we want to build.

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We are in the commercial tomato farming business because we want to leverage the vast opportunities available in the commercial farming industry, to contribute our quota in growing Cameroonian and the world economy. We will embark on increasing food production, raw materials for other industries, and exporting oproductsuce worldwide.

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COMPANY XX is well positioned to become one of the leading commercial tomato farms in Cameroon, which is why we have been able to source the best hands and machinery to run the farm. We have processes and strategies in place that will help us employ best practices when it comes to commercial tomato farming processes and tomato processing and packaging as required by the regulating bodies in Cameroon. The start-up capital needed for the cultivation of 40 hectares of land tomato will be 459,989,200

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The owner of COMPANY XX who will be Chief Executive Officer, consulting the business advisertoto operate effectively and efficiently. The company management structure includes the Chief Operating Officer (Owner), Superintendent, Farm Manager, Administrator / Accountant

Sales and Marketing Executive, Field Employees, Front Desk Officer, Agricultural Technicians, Drivers, Security personnelStorekeeperer

ย The enterprise will sell the following; Fresh tomatoes, tomato paste

2.1 Business Values

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Agriculture has been the backbone of many economies, and this will not be any different. This agriculture project shares the goal of improving the local economy by providing and ensuring food availability and also employing workers locally. The community is also assured that they know where and whom they are buying from and most importantly, who they are dealing with...............


You can get the full business plan on our Selar

https://selar.co/wxhm


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