BUSINESS PLAN ON SMALL & MEDIUM SCALE TOMATO PASTE PRODUCTION

i. Executive Summary

   Our company is a Limited Liability Company based in Lagos, Nigeria. It is a business set up with a clear, dedicated and committed vision, to excel and grow into one of the best Agro based industries in Lagos which has taken advantage of the abundant raw materials produced to create goods for export. The proposed plant will be built in Lagos, Nigeria.

We also have acquired recently a 10,000 hectares plant land in the same region for cultivating of tomato. Our processing plant we believe will be run by a team of experts that include Mr…………….. as the General Manager. It is also important to note that our company is registered as a limited liability company.

We believe that our plant will have tomato processing capacity of about 14 tons per day. We plan to make arrangements for skilled, semi-skilled and unskilled manpower, raw materials and plant housing as necessary for the success of our business.

We also believe that we will provide funding for machinery, skilled manpower, take-off capital, among other things through loan from BOA. Our management will jointly organize for marketing of manufactured tomato paste.

Advantages of Tomato Processing

 According to Goldberg (2011) the following reasons amongst others are some of the advantages why food is processed:

1.     Processing protects food against spoilage.

2.     Processing of tomato makes it to last long.

3.     It adds value to tomato.

4.     Processing tomato makes it to be available most of the time.

5.     It makes transportation easier.

6.     Processing food increases profitability.

7.     It lowers the cost during off season.

8.     Processing makes it easy to store food.

9.     Processing of food makes it to be safe for consumption.

Disadvantages of Processed Tomato

1.     When tomato is processed, the taste will no longer be fresh.

2.     The nutritional value of processed tomato is always reduced.

3.      The colour of processed tomato is not pure.

4.     There is change in texture when fresh tomato is processed.

 Materials required for primary processing:

 Grinding machine, filter, thermometer, Refract meter, pH meter or papers, tables, knives, vessel, pots, heat source, water source etc.

METHODS OF PROCESSING

• Dehydration

 • Chemical preservation

• Pasteurization (heat treatment) this business plan will lay emphases on wet milling of tomato i.e. the Processing of tomato into Paste using pasteurization.

PRODUCTS OF THE COMPANY

 Our products are listed below:

-           Tomato Paste

-           Tomato Ketchup

-           Tomato juice and sauce

-           Dried tomatoes

-           Tomato powder

For the complete business plan contact:
Charllychim Ventures:
Call/whatsaap: 09023301229
charllychim@gmail.com