Polythene shopping bags is considered a Fast Moving Consumer Good (FMCG) and it will continue to sell as long as various consumer products sell in the market. In Nigeria, there are a number of shopping bag producers but still, the supply is far less than demand, an approximate of N2.7 Billion naira is yet to be exploited from the market.
With effective marketing and a business plan, this business has the potential to generate over 50,000 as profit per day. The payback period for the business depending on the investment is 2-3 years. This business can be owned by a person or a cooperative and government may also consider this business on a large scale.

To startup this business, you need an expert business plan to determine the kind of investment, strategy and operational requirement of the business. This business plan concern production of polythene shopping bags and pure water sachets with other multipurpose products.
In this business plan, you have access to the findings of our market research as presented in the business plan section.

EXECUTIVE SUMMARY
We conceptualized the business, providing an overview of the business, management/ownership drive and characteristics of the business. So when seeking for loans from banks or partnership from investors, better still, having a captivating introduction to the business, the executive summary provides a key.

BUSINESS OVERVIEW
The main aim of the business is presented in this section of the business plan. The services and potentials of the business was articulated in three terms, shopping bag production for general commercial business, customized shopping bag production for corporate business and branding, and multipurpose bag production i.e. waste bags etc.

FEASIBILITY STUDIES
Based on the Nigerian situation, the feasibility for the business was accessed and part of our findings reveal that the business is profitable in virtually all part of Nigeria, though the cost of diesel was a major constraint. However, operating within the present economic reality is profitable. This provided insight into the strength, weakness, opportunity and threat of the business which was considered in the drafting of the marketing plan.

MARKETING PLAN
We understand that the success of any business and its profitability depends on the marketing and sales of the product or services. In addressing the marketing needs of the business, we evolved strategies for B2B Marketing (Business to Business), Business to Customer Strategy (B2C) and Business to Business to Customer (B2B2C). with this strategy, the business can meetup with it sales target.


MANAGEMENT PLAN
For a small scale startup, we have derived an efficient 5 manpower staff to handle the production and supply of the business. The manager in this case is the business owner. A business manager can be employed when the owner does not have the time to focus on the business, though, monitoring and supervision is essential.

STARTUP REQUIREMENT
Your investment start with an estimation of the startup requirement which help you decide if you can go into the investment or not, considering your capital. For a start, we estimated the cost of factory site, extruder machine, sealing machine, puncher, power generating set (32kv), cost of installation and registration among others. This cost will enable you plan your investment as growing a business is a continuous process.

OPERATIONAL COST REQUIREMENT
A comprehensive operational cost of the business was estimated to cover labor cost, cost of raw materials, cost of energy and other input that will be required on monthly bases. The same cost estimation was done for shopping bag production and pure water sachet production.

CASH FLOW ANALYSIS
The cash flow analysis will provide you with vital information on the turnover of the business. To make cash flow, we looked at best case and worst case scenario, examining scenario when the business operates below capacity and sells below the market price especially within 1-6 months of operation since they may not be able to meet up within the short run period. More details is presented in section 6.0 of the business plan and the revenue and profit for each level was calculated. The cash flow was segmented into two, cash flow for shopping bags and sachet water.

FINANCIAL PLAN
For the business, we anticipate a situation where the investor will be raising finance for the business through personal sources. Notwithstanding, you may source finance from banks and borrowing in the event that your personal finance cannot actualize the business plan