Packaging is an integral part of food products, as it gives food the commercial shape, color, texture, transit opportunity and also shelf-life! Wendy Smith® Food Packaging Company, Inc. is a standard food packaging company that is committed to producing well processed and packaged food products for both the United States and the global market. Starting a food packaging business is one sure way of making money because packaged food is consumed by a host of people not just in the united states of America, but all across the globe. A Taste of the Islands is a start-up venture. Joy Nwokoro is a Freelance Business Journalist, researcher, translator and sales trainer who have worked with numerous clients amongst which is Women in World Banking, a business research NGO in New York, United States of America. Start your own packaging and shipping business plan. What are the Best Types of Heat Lamp for Restaurant Food? Performs cash management, general ledger accounting, and financial reporting for one or more properties. Quality control is thenext major step. Naturally, the end consumers of processed and packaged food and also those who benefit from the business are all encompassing; it is far – reaching. Handles any other duties as assigned by the line manager. ACTS Peanut Butter will compete in the snack food production industry (NAICS 311911). Crafting a business plan will help you, as the business owner, to consider each step involved in running a business … We have put process and strategies in place that will help us employ best practices when it comes to food packaging plant processes as required by the regulating bodies in the United States of America. %���� We are in the industry to make profits and we are going to do all we can to achieve our business goals and objectives. The company will be fully financed by Mrs. Wendy Smith and her immediate family members at least for a period of time. It saves a lot of time. The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure. We have put in place business strategies that will help us run on low profits for a period of 6 months; it is a way of encouraging people to buy into our brand. Maximum business owners, not aware of the business plan software, waste a lot of time in documenting Excel spread-sheets in Word. Business plan is yet another very important business document that you should not take for granted in the bid to launching your own business. If all of these factors are missing from a business, then it won’t be too long before the business close shop. 1 0 obj In view of the above, we have decided to hire qualified and competent hands to occupy the following positions; Wendy Smith® Food Packaging Company, Inc. do not intend to launch out with trial and error hence the need to conduct a proper SWOT analysis. Many families do not have time to cook, so packaged foods come in handy at a reasonable cost. It is important to state that Kraft Heinz is the establishment with a lion share of the industry. Marketing promotion expenses for the grand opening of the food packaging plant in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of $3,580. These continents dominate the Global Food, Fruit and Vegetables Processing industry due to the fact that industry operations have been established in these areas for a very long time. The location of the business will be the Industrial Park, on the Cork Road, Waterford, which is strategically located near the ring road, thus facilitating quick access to the main Cork, Dublin, Limerick and Wexford roads. We will generate income by packaging and selling the following products; One thing is certain when it comes to the food packaging business, if your products are well – packaged and branded and if your processing plant is easily accessible, you will always attract customers cum sales and that will sure translate to increase in revenue for the business. Packages are now specifically engineered to help reduce the risks of package pilferage; some package constructions are more resistant to pilferage and some have pilfer-indicating seals. Using packaging in this way is a means of retail loss prevention. %PDF-1.5 The example business plan used in this guide is not presented as a masterpiece of business plan writing. At Wendy Smith® Food Packaging Company, Inc., we will ensure that we hire people that are qualified, hardworking, and creative, result driven, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> If you get some key factors wrong before starting your food packaging business, then you are likely going to struggle to stay afloat. Introduce our business by sending introductory letters alongside our brochure to stake holders in the food, fruits and vegetable processing and packaging industry, households, groceries stores and supermarkets et al. 2 0 obj The Global Food, Fruit and Vegetables Processing industry is indeed a very large industry and pretty much thriving in all parts of the world. Monitor and listen to equipment to detect audible or visual signs of malfunctions, including plugs, leaks and other failures. Below is a list of the people and business that we will market our processed and well packaged foods to; A close study of the global food, fruits and vegetable processing and packaging industry reveals that the market has become much more intensely competitive over the last decade. Providing advice on the management of plant activities across all section, Responsible for carrying out risk assessment in the plant, Ensures that organizations’ goals and desired result is achieved, the most efficient resources (manpower, equipment, tools and chemicals et al) are utilized and different interests involved are satisfied, Responsible for overseeing the smooth running of HR and administrative tasks for the organization. We engaged the services of a core professional in the area of business consulting and structuring to assist our organization in building a well – structured food packaging company that can favorably compete in the highly competitive food processing industry in the United States. We are starting our food packaging business because we want to leverage on the vast opportunities available in the food processing and packaging industry, to contribute our quota in growing the U.S. economy, in national food production, and also to export processed and well – packaged food from the United States to other countries, and over and above to make profit. So also, we have healthy relationships with loads of major players (packaged food, fruits and vegetables merchants) in the industry within and outside of the United States of America. A com- At this time, there are no restaurants with “island” atmospheres serving this population (500,000 +). to ensure accurate and helpful information is supplied to clients, Receives parcels/documents for the company, Processed and packaged food, fruits and vegetable merchants. If you are sure this type of business is what you truly want to do after you must have conducted your research, then the next step to follow is to write a good business plan; a detailed blue print of how you intend raising your seed capital, setting up the business, managing the flow of the business, sorting out tax and marketing your products. Loads of households consume processed and packaged food, fruits and vegetables. Aesthetically pleasing and eye-appealing food presentations can encourage people to consider the contents. In summary, Wendy S… endobj A report on Customer driven marketing strategy for our new company (In the fast food industry in Bangladesh) The opportunities that are available to us as a standard food packaging company cannot be quantified, we know that there are loads of consumers of packaged food all across the United States of America and the global market. One of our major goals of starting Wendy Smith® Food Packaging Company, Inc. is to build a business that will survive off its own cash flow without injecting finance from external sources once the business is officially running. If YES, here is a detailed sample food packaging business plan template & feasibility report you can use for FREE. 1. The stepping stone for any business is good and sensible investment. In view of that, we have positioned our business to attract consumers not just in the United States of America alone but also other parts of the world. The U.S. market for packaged goods was nearly $58 billion in 2009. • Product – Ingredient costs, packaging costs (primary and secondary) It does not imply an offering of securities. These are the areas we intend generating our startup capital; N.B: We have been able to generate about $250,000 (Personal savings $200,000 and soft loan from family members $50,000) and we are at the final stages of obtaining a loan facility of $500,000 from our bank. The report further revealed that the production and packaging of processed food, fruits and vegetables occurs in all regions of the globe. x��Z[o�~���Ǚ�z������&M�.�=�I}(�Cڸ���������%u�%{�}�™�(�"�!9␣Kr||tq��5�G�n�H5y�9��cr����\�3�dC%��rx���p�Іs� We know that if we get it right from the onset, we would have succeeded in creating the foundation that will help us build a standard food packaging company that will favorably compete with leading food processing companies in the United States of America. She has over 17 years’ experience in the industry and a Degree in Biotechnology from the University of New Jersey. Wendy Smith® Food Packaging Company, Inc. is a world class food packaging company that will make use of a wide variety of plastics and metals, papers, and glass materials in packaging a wide range of food, vegetable and fruits for both the United States and the global market. The industry produces $28.4 billion in revenue annually and has an average annual growth rate of 4.2%. Responsible for creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. Pet Food Industries is comprised of two business segments: MetroPet, an online free delivery service offering over 60 premium pet food products, and Strongpoint, a superior yet affordable dog food that is free of corn, wheat, soy, and by-products and is manufactured for dogs of all life stages and breeds. Evaluates the success of the organization. to business and private events for several years. No matter how small scale your business is, making wise investments will prove beneficial at all steps. Based on the future prosperity of this market (Ashgate.com, 2014) it is decided to establish a business that is recognized as “BhanchaGhar”. Responsible for developing and managing financial systems and policies, Ensuring compliance with taxation legislation, Handles all financial transactions for the company, Serves as internal auditor for the company, Manage external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones, Model demographic information and analyze the volumes of transactional data generated by customer, Identifies development opportunities; follows up on development leads and contacts, Writing winning proposal documents, negotiate fees and rates in line with organizations’ policy, Responsible for handling business research, market surveys and feasibility studies for clients, Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients, Create new markets cum businesses for the organization, Empower and motivates the sales team to meet and surpass agreed targets. Our Vision is to become a household brand and to have our products in groceries stores, and supermarkets not just across the United States of America but also on the global stage. Lastly, a good number of reports emanating from associations in the industry agree that going forward, the use of smart indicators will increase. We know that one of the ways of gaining approval and winning customers over is to retail our food products a little bit cheaper than what is obtainable in the market and we are prepared to survive on lower profit margin for a while. A recent report published by IBISWorld shows that the Global Food, Fruit and Vegetables Processing industry has experienced consistent demand over the five years to 2017, as economies of every size continue to consume processed food, fruits and vegetable products. Okay, so we have considered all the requirements for starting a food packaging business. iMvubu will buy maize and produce maize meal with bran as … Peanut Butter makes up 4.3% of the overall snack food production industry, making it a 1.2 billion dollar industry. To help you get started we’ve created an example business plan for food production and processing businesses. Dried and dehydrated fruits and vegetables (used as fruit flavors). A business plan should be made that would entail the dimensions in which you intend to run your business, what tactics you intend to employ in your manufacturing process. The food processing and packaging business is the preparation and packaging of edible food items in forms that cause them to have a far lesser spoilage period for human and animal consumption. If you have plans to start your own food packaging business in United States of America, you should ensure that you carry out a thorough market survey and feasibility studies. It is a basic business plan that worked – the processor was able to convince his banker to make the loan. Here are the payment options that Wendy Smith® Food Packaging Company, Inc. will make available to her clients; In view of the above, we have chosen banking platforms that will enable our clients make payment for the purchase of our packaged food without any stress on their part. For the one hosting it, getting the right sample catering service is crucial because people have the tendency to remember the type of meal they ate and the service they received. At Wendy Smith® Food Packaging Company, Inc., our customer’s best interest will always come first, and everything we do will be guided by our values and professional ethics. Welcomes guests and clients by greeting them in person or on the telephone; answering or directing inquiries. Regardless of whether a human is healthy, ill, or recovering, his life depends on these changes. Legal expenses for obtaining licenses and permits (Health department license and business license) and permits (Fire department permit, Air and water pollution control permit, and Sign permit et al) as well as accounting services (CRM software, Payroll software, P.O.S machines and other software) – $15,300. Business Description Bonžur LLC (pronounced bonzhoor) is a Washington-based limited liability company formed in 2014 to develop, manufacture, and distribute an original food product - žur (pronounced zhoor). Packages are made with improved tamper resistance to deter tampering and also can have tamper-evident features to help indicate tampering. We also took it further by analyzing and drafting a sample food packaging marketing plan template backed up by actionable guerrilla marketing ideas for food packaging companies. The cost for construction of a standard food packaging plant – $300,000. The payment policy adopted by Wendy Smith® Food Packaging Company, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America. Players in this industry also blend salt, sugar, preservatives and other ingredients with food, fruits and vegetables to make consumer food products. The purpose of this plan is to secure additional funding from an … What is the Allowed Depreciation for Skydiving Equipment? Part of what the consultant did was to work with the management of our organization in conducting a SWOT analysis for Wendy Smith® Food Packaging Company, Inc.. The motivation can be government regulations, consumer pressure, retailer pressure, and cost control. This business plan, however, on its own, was not the only reason the bank chose to make the loan. Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products. If you are conversant with the food industry, you will notice that most packaging and labels can be used by marketers to encourage potential buyers to purchase the product. leading the development and implementation of the overall organization’s strategy. Our weakness could be that we are a new food packaging company in the United States, and it might take us sometime to attract big time customers in the industry. BUSINESS PLAN for the startup company Healthy meal, Ltd. Each of the human food ingredients impacts his body and in some way changes it. unfavorable government policies and the arrival of a competitor (a food packaging plant) within same location where our target market exists can’t be ruled out. <> endobj 3.0 Business and Industry Profile. In summary, Wendy Smith® Food Packaging Company, Inc. will adopt the following strategies in marketing our processed and packaged food; Wendy Smith® Food Packaging Company, Inc. is in the business for the purpose of maximizing profits hence we have decided to explore all the available opportunities within the food packaging industry to achieve our corporate goals and objectives. Some examples include: • Labor – There will be many hours invested in sorting out the technical and business logistics. Record test and production data for every product batch, including information regarding test results, temperature, time cycle and ingredients utilized. Eye-Appealing food presentations can encourage people to consider the contents temperature, time cycle and ingredients utilized in... Of starting a new food business “ island ” atmospheres serving this population ( +. Lower and at the same for both your business plan template that will help you successfully write your with! 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And overall direction – i.e new food business a beautiful food packaging and its design and develop-ment over the years... Detailed sample food packaging business plan is prepared based food packaging business plan pdf the idea of establishment of business... Do not have time to time, 2012 this business plan for an already operating non-food business! | Privacy Policy | Disclaimer information regarding test results, temperature, time cycle and ingredients utilized her. Heinz is the average Salary for Tandem Skydiving Instructors handles any other as. Ltd is proposing a maize mill to service the remote Siavonga district of.. The highest standards by meeting our client ’ s vision, mission, and financial reporting for one or properties! Have considered all the requirements for starting a new food business, sole proprietor of package... Clients by greeting them in person or on the idea of establishment of a turn-around! 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Registering the business in the formulation of “ regulars ” and referrals ( chapters )! Also can have tamper-evident features to help you get started we ’ ve an! For FREE the quality of your products is the establishment with a lion share of the stiff competition we! Accountable to the business in the snack food production industry ( NAICS 311911 ) and logistics! To supervisors for registering the business island ” atmospheres serving this population ( 500,000 +.. Beneficial at all times vats daily to keep products as organic as possible not.! Products to as many people as possible saves packaging costs and this may pose a threat to our.! Reason the bank chose to make profits and we are well prepared compete! Vegetable products well positioned to take advantage of this opportunity you get some factors! The above projection might be higher bank chose to make the loan processing areas and food production and businesses. 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