"MY DREAM BUSINESS" Palm Oil Production Business by @niglys8

Hi everyone! It's a great delight to be participating in this amazing contest organized by @harferri. Today in my blog, I'll be sharing with you all "MY DREAM BUSINESS"

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Introduction

Everyone whether educated or uneducated desires to own a business someday but most times, the capital required to start up hinders the business from becoming a reality. Starting up a business is really something that is not very easy to do but with proper planning and a suitable business budget, it is achieved successfully. I have always desired to start up this lucrative business "Palm Oil Production" business and trust me it requires a whole lot of planning and budgeting to start up.

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A clear description of my dream business

"Palm Oil Production" has always been my dream business.
Palm oil is an edible vegetable oil that is gotten from the fruits of palm trees. In Nigeria, palm oil serves as a very useful diet as it is very suitable for cooking meals. It is also highly useful in the making of beauty products like soaps. The palm oil production business is a very lucrative one because of it's high demands from individuals and the huge profits gotten from it's sales.
To run a successful palm oil production business, I will consider the following;

If I'll grow the palm tree plantation myself or rather buy the palm fruits from the palm farmers

A good location for my palm oil mill

Get the needed equipment for the palm oil production such as the machines for extracting and tanks for storing the palm oil

Hire employees who would run the palm oil processing

Provide a good means of transportation to the market for sales

My business products

Palm Oil

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Market and target audience

1. To families and Restaurants who make use of palm oil for their consumption.

2. To Industrial companies and food production companies who use crude palm oil as raw materials for their products.

Budget plan

Serial No.	Budget plan	Nigerian currency(Naira)	SBD
1	Registration fee	N70,000	17.5
2	Palm oil mill	N3,000,000	750
3	Processing equipment	N6,500,000	1,625
-	Total Price	N9,570,000	2,392.5

Business location

My preferred location is in Abia state precisely in Aba and this is because my palm oil production business should be located in an area where my target market is found.

How I can integrate my business with STEEM in Promo-Steem activities

I will accept STEEM as a form of payment for my palm oil to be delivered to my customers and on every delivery day of my palm oil produce, steem promo flyers will be given out to my customers as a form of awareness for Steem promo activities. Also, I will post weekly updates on how my palm oil is being processed.

Conclusion

There is no successful business today that just started in a day! The business idea was imagined, dreamt about and strategically planned for it become a reality. I believe mine will come to reality someday.
Thanks for reading my post.

CC:
@harferri
@irawandedy
@subkiusman
@tucsond
@sofian88

Warm regards,
@niglys8