HOW TO START A PLASTIC DISPOSABLE CUP COMPANY

The PLASTIC DISPOSABLE CUP BUSINESS PLAN is a comprehensive business plan that will assist you with all the needed ideas and plans to start a successful plastic disposable cup business. This plastic disposable cup business plan will help you get capital loan from a bank or other investors for your new plastic disposable cup manufacturing business.
WHY YOU NEED THIS PLASTIC DISPOSABLE CUP BUSINESS PLAN
Food packaging manufacturers and suppliers pay particular attention to paper and plastic cups news and trends. Paper and plastics cups represent a billion dollar industry worldwide. They are highly visible commodities. World demand for disposable cups and lids is projected to rise 5.0 percent per year to nearly $26 billion in 2017.
The PLASTIC DISPOSABLE CUP business plan is fully updated with current research on how to start a disposable cup business, get the attention of customers, retain them and make profits. With our plan, we are optimistic that you will make maximum profits.
Also, this plastic disposablecup business plan will not only help you start your disposable cup company but also provide you with human resource management (employing and managing staff operation), and a means of ensuring regular patronage from customers.
The disposable cup business plan will give you a guide to profitability as all necessary financial projection for the business has been made such as plastic disposable business break even analysis, plastic disposable cup business marketing analysis, competitor analysis, SWOT analysis for your plastic disposable cup business, sales forecast, etc.
The Plastic Disposable Cup business plan is a seven(7) chapter business plan of about 25 pages.
3 Years Automated Financial Model in MS Excel. It has a complete industry research.
Bank/ Investor/ Grant Ready- The business plan is design to enable you use it to access loan and grants.
Exceeds all legal requirements and standardsy.
Automatic download after purchase online.[ad id=”5629″].

DESCRIPTION

TABLE OF CONTENT

1.0 Executive Summary

Legacy plastics is a disposable cup company that specializes in the production of plastic disposable cups which are fast replacing the paper cup. The company is a partnership venture between Byron Neji and Patience Igah. Legacy plastics was created on the 5th of January, 2015 but is to start production from 2nd December, 2015. We produce disposable plastic cups of different sizes as well as customized cups. Legacy plastics has a factory located along Calabar-Itu road and is under going certain renovations to make it suitable for use.

Target market for legacy plastics include: fast food joints, hotels, icecream manufacturers, party ware suppliers. These markets use disposable cups for their businesses on a daily basis as the disposable cups are convenient and leak proof than the paper cups and they are cost effective in comparison to the conventional cups.

An opportunity exists for legacy plastics as more people in recent time have become health conscious due to certain outbreaks and food and service providers are on the increase. Our customized cups will further sell our clients brand and also give us profits. Disposable cups are patronized for convenience, and affordability. Legacy plastics will penetrate the market by offering our product at lower prices at the initial level.Total money needed to start operation is seven million naira(₦13,500,000) which covers start up expenses, salaries, advertising, etc.

1.1 Objectives

Legacy plastics plans to achieve the following:

-exceed customer satisfaction level

-achieve a 30% growth rate by the second year of operation and 40% by the third year

-start production of other plastic products like plates,spoons,straws,etc.

1.2 Mission

The following is the mission of legacy plastics:

-strive to provide the excellent plastic disposable cups to customers at competitive prices

-continually expand our range of products

-poised to service both large and small customers

1.3 Keys to Success

Our keys to success include:

1) unique services unmatched in both quality,delivery and presentation

2) low operating overhead

3) healthy plastic cups suitable for all community

4) marketing

5) timely delivery 

2.0 Company Summary

Legacy plastics is a disposable cup manufacturing company created on the 15th of December 2014 but is to start production by 5th September 2015. The company is located at Calabar-Itu road Uyo, Akwa Ibom State,Nigeria. Legacy plastics is set to explore the growing market of disposable cup usage in Uyo town. We manufacture high quality,healthy,transparent,plastic disposable cups. Our cups are 190ml in size and can contain 65 degree cold content.

Disposable cups are mainly used for drinking beverages,water,etc in hotels, restaurants, canteens, public and corporate institutions. Our target market include: hotel,offices,banks,restaurants/canteens,fast food centers. This market makes use of disposables on a daily basisn for their customers. At the initial level,we will make customized plastic disposable cups for fast food centers with their name or logo. Our targetted fast foods include:crunchies fried chicken,country style chicken,tantalizers,kilimanjaro,food affairs.

2.1 Company Ownership

Legacy plastics is a partnership company owned by Prince Moses and Patience Igah. Prince Moses is a certified accountant and a business consultant who is dedicated and passionate about industrial growth in Nigeria. He has experience in accounting for 5years and 6years in business consultanancy. Patience Igah holds a bachelor of arts degree in communication arts. She brings expertise in public relations and advertising to legacy plastics. She has worked as a media and publicity consultant for 3years and achieved enviable success. 

2.2 Start-up Summary

The total sum of five million naira (₦10,914,200) is required for start up. This amount covers start up expenses like registration with corporate affairs commission(CAC),purchase of stationery,marketing and advertising,factory set up.