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ROVALBIK CONCEPT LIMITED
It 's all alx.»ut royalty

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The Company Name:  Royalbik  Concept Ltd,  An  eCommerce Outfit. Operating from Lagos Nigeria.  ssssWe  are out powerfully to disrupt beverage drink industry through our new product- Ginger Beverage Drink. It is a product that is 100% sugar free, highly nutritious and medicinal in nature.  Our short term goal is to within one or two years reach out to minimum of 10% populace of the country by focusing attention to the major cities like Lagos,  PortHarcourt , Kano, Kaduna and capital city Abuja. And the long term goal is to be able to compete favorably with our major competitor like Coca cola, Pepsi in the market and to maximize profit for a sustainable business. The target market is the general public, most especially the people that are health conscious, according to their age bracket. It will serves as the delight of people in any occasion or ceremonies Our management team and operation team, have decades of world class working experiences that can give us great competitive edge in the Online market. Our product, ginger beverage drink is uniquely different from every other beverage drink in the market because it is 100% sugar free and has more healthy benefits which majority of our competitors can not claim, apart from the pleasure that people derive from their products.   The current challenge include: High production cost, insufficient mechanization of production process of the raw materials, poor processing facility, unhealthy rivalry withing the industry etc. Our opportunity: The teaming population of Nigeria is a great business opportunity, Easy Access to raw materials, cheap labors including professional workers etc.  Our partnership with Africa giant Fin Tech company,  Flutterwave  is a plus.

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Business Name:  Royalbik  Concept Ltd,  An eCommerce outfit. Operating from Lagos, Nigeria. Company Mission Statement:	To produce high quality and healthy beverage drinks with affordable price while maximizing returns to the shareholders, and encourage healthy and sustainable society  Company Philosophy and Value: As a world class organization, we are strongly out in the market to satisfy customer need by put their health into consideration. To fulfil  tbis , integrity and discipline is our core value to build long last trust in our customers mind. Company Vision: Our vision is to disrupt the beverage industry by dealing in 100% sugar free drinks that will serve as an alternative drink for other drinks in the market. So we can favorably compete with the leaders in the market. Goals and Milestones: ultimate goal is to become an household brand in the industry who has positively change the face of beverage industry by consciously take customers health into consideration Legal Structure: The company is incorporated with Corporate Affair Commission(CAC) Target Market: our primary target market are the people who are conscious of their health while the secondary target market are the people who just want something different. We will be reaching out to them by exploit the ample opportunities of digital and social medial, marketing

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The product, ginger beverage drink is naturally none alcoholic drink made up of prepared ginger spice with yeast, carbonated water. The primary raw materials for the product contain high level of magnesium, vitamin c and other minerals which are naturally beneficiary to human health condition

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Marketing Research: two kind of marketing research were employed,  viz  primary which includes: online and interview with the  propectives  customers. Secondary: journal and  demograph . The market size of the industry value estimation as at 2020 is $1676.48 billion according to  Vijaya   Scripada . While the size of my target market is 130million people. Trend in the industry is growing Barrier to entry: high startup cost, production  cost,tariffs  and quota, need for specialized technology, brand recognition  etc Threats: changes in government regulation,  unhealthical   riverary  in the industry, changes in technology Opportunities: proximity to the  rawmaterials , teeming population of Nigeria Country, Cheap labor etc. Advertisement through: social networking, Bill Boards, Blogs and Television, social medial: Twitter,  facebook , Instagram  etc The market is in need of the products because people are more conscious of their health now. So they are wary of sugary products in the market. Available contingency if the plan turns otherwise: there is availability of trained employees with succession plan, quality control mechanism is available to mitigate risks etc.

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.Production The Major Part of the  equipments  needed: Automatic ginger juice production, Can Making Machine, Packaging Machine, Bottle Blower, water filtration equipment, Stainless Mixing tanks, Filling Machines, Conveyor system etc. The cost of production: $20,537,453 Quality control How will you maintain consistency? Describe the quality control procedures you’ll use.  Location The business is located in Lagos Nigeria. The size of your location: Lagos State is one of the most populated city in Nigeria with over 20million people. The type of building is industrial. Zoning restrictions: Not really strict Accessibility: the location is in the  centre  of the city Costs including rent, maintenance, utilities, insurance and any buildout or remodeling costs: $40000

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MANAGEMENT AND ORGANIZATION Dr Oriade Daniel MD/CEO

Dr Oriade Daniel                                                                                                                              										 MD/CEO

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We will be needing $40,000,000 as a start up capital to purchase the necessary  equipments , commencing production, building website and other digital and social medial platforms as well as for recruitment

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https://www.maticline.com/ingredients/?gclid=EAlaQobchMlpz_soZaj7AlV40FCh29WQrSEAEYASAAEgLAufD_BwE https://smallbusiness.chron.com/equipment-manufacturing-soft-drinks-79487.html https://smallbusiness.cchron.com/examples-market-needs-marketing-plan-12307.html https://medium.com/@pmhj42/coca-cola-analysis-53c9fd69f56 https://work.chrom.com/marketing-contigency-planning-6002.html https:blog.pipecandy.com/market-size-of-beverage-industry-2020/  https://www.oberlo.ca/ecommerce-wiki/payment-gateway https://cxl.com/blog/social-commerce/

BUSINESS PLAN FOR Royalbik Concept Ltd

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 https://www.maticline.com/ingredients/?gclid=EAlaQobchMlpz_soZaj7AlV40FCh29WQrSEAEYASAAEgLAufD_BwE https://smallbusiness.chron.com/equipment-manufacturing-soft-drinks-79487.html https://smallbusiness.cchron.com/examples-market-needs-marketing-plan-12307.html https://medium.com/@pmhj42/coca-cola-analysis-53c9fd69f56 https://work.chrom.com/marketing-contigency-planning-6002.html https:blog.pipecandy.com/market-size-of-beverage-industry-2020/  https://www.oberlo.ca/ecommerce-wiki/payment-gateway https://cxl.com/blog/social-commerce/

BUSINESS PLAN FOR Royalbik Concept Ltd

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