professional oil and gas business plan writers in nigeria

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professional oil and gas business plan writers in nigeria

Oil and Gas Distribution and Supply Business Plan

₦ 75,000 ₦ 30,000

A comprehensive Business Plan and feasibility study on oil and gas supply and distribution Business in Nigeria prepared by industry experts and our MBA writers. Read below, the product full description, contents and other additional information.

Description

Additional information.

Reviews (2)

Oil and gas business remains one of the most viable business in Nigeria and there is an unending demand for petroleum products. This business plan has been crafted to provide actionable plan on how to initiate and sustain a viable and profitable oil and gas supply business in Nigeria. A comprehensive oil and gas distribution business guide.

TABLE OF CONTENT

1.0 EXECUTIVE SUMMARY

1.2 Mission

1.3 Core Values

1.4 Keys to Success

1.5 Objectives

2.0 Company Summary

2.1 Business Description

2.2 Legal Requirements

2.3 Obtaining a DPR Oil and Gas Industry Service Companies Permit (OGISCP)

2.4 Contribution to Local and National Economy

2.5 Start-up Expense Breakdown

3.0 Ownership and Management

3.1 Management Summary

3.2 Personnel Plan

3.3 Roles and Responsibilities

3.4 Business Model Canvas

4.0 Organizational Structure

4.1 Organizational Chart

5.0 Value Proposition and Competitive Comparison

5.1 Service/Product Offering

5.2 Distribution and supply of PMS, LPK , AGO and LPG.

5.3 Oil and Gas Haulage.

6.0 Market Research and Analysis

6.1 Market Overview and Opportunities

6.2 Market Leaders

6.3 Target Market

6.4 SWOT analysis

6.5.Risks and Mitigants.

7.0 Competitive Environment

7.1 Competitive Analysis

7.2 Competitive Advantage

8.0. Production/ Operation Plan

8.1 Description of the Location

8.2 NUPENG Registration.

8.3 Trucks; Price and Type to Buy.

8.4 Raw Materials

8.5 Equipment

8.6 Products Price List

8.7 Sales Assumptions Summary

8.8 Stock Control Process

8.9 Project Implementation Schedule

9.0. Marketing and Sales Plan

9.1 Product

9.2 Pricing

9.4 Promotions

10.0 Internet Plan

10.2 Website Marketing Strategy

10.3 Development Requirement

10.4 Social Media Plan

11. Strategy and Implementation Summary

11.1 Marketing & Sales Plan

11.2 Marketing Strategy

11.3 Promotion Pattern

11.4 Distribution Strategy

11.5 Positioning Strategy

12 Human Resources

13 Quality Control

14 Processes

15 Financials

15.1 Capital Requirements

15.2 Financial Viability

15.3 Break-even Analysis

15.4 Return on Investment

15.5 Projected Profit and Loss (3 Years Summary)

15.6 Projected Income Statement (First Year)

15.7 Projected Cash Flow (Year One)

15.8 Projected Balance Sheet (Year One)

16.Insurance

17 Exit Plan and Strategy

18 Plan Improvement

2 reviews for Oil and Gas Distribution and Supply Business Plan

Olusegun Emmanuel – October 1, 2020

The depth of knowledge and information in this business plan is second to none. Kudos to the team.

Chika Obi – October 1, 2020

I have long wished to start an oil and gas business but have no idea on how to get started. I reluctantly purchased the PBW oil and gas distribution business plan and as at today, I have not only seamlessly started the business but makes weekly supply of over 4 trucks of PMS, DPK and LPG across Lagos.

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Our w enriterssure that business plans developed by us provide significant value to the development of your company, no matter how large or little.

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Knowing your competitors will help you identify their strengths and weaknesses, which will surely come in useful to the development of your company.

SWOT Analysis

Our writers make certain that business plans assist your firm in analysing what they do best now and establishing a profitable strategy for the future.

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With over 5 years of business plan writing experience, you can trust our content is relevant to your business niche.

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We love clients with reviews and won't charge you for edits to developed materials.

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HOW IT WORKS

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Cost of Business Plan Service Nigeria

Our company business plan writing and design service will fully showcase the strategy of your company at the cost N50,000.

KikioTolu Solutions Business Plan Service Cost

Business Plan Writing
Business Plan Design
Business Strategy
Financial Plan
5 Days Delivery

KikioTolu Solutions Business Reviews

Here is what our clients have to say about our services, with over 6 years of operations, we ensure top quality always.

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To commence our business plan writing and design service, you will be required to 70% full payment .

Related Services

Company Profile

Business proposal.

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Frequently Asked Questions

Do you write business plans for clients nationwide.

Yes, KikioTolu Solutions Business Plan writing and design service is available to everyone in Nigeria.

Abia, Adamawa, Akwa Ibom, Anambra, Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Enugu, Edo, Ekiti, Gombe, Imo, Jigawa, Kaduna, Kano, Katsina, Kebbi, Kogi, Kwara, Lagos, Nasarawa, Niger, Ogun, Ondo, Osun, Oyo, Plateau, Rivers, Sokoto, Taraba, Yobe, Zamfara, Federal Capital Territory (FCT), are the states we cover today.

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In over 6 years of business writing in Nigeria, we have been able to deliver our services to a wide range of clients.

KikioTolu Solutions has written and produced business plans for a variety of organisations in various sectors. Oil and gas, engineering, civil engineering, building construction, real estate, civil works, health, education, telecommunications, agriculture, entertainment, media, logistics, and other sectors are among them.

Why do I need a business plan

A business plan can assist you in clarifying your company’s aims and approach. When you prepare a business plan, you are compelled to think about your company in great depth. This assists you in identifying your strengths and shortcomings, as well as opportunities and dangers. It also assists you in developing a clear strategy for accomplishing your objectives. A business strategy can assist you in raising finance. If you want to raise funds from investors, they will want a business plan. A well-written business plan can reassure them that your company is a worthy investment.

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How long does it takes to deliver business plan?

Efficiency and swift delivery is a key pillar to all our operations at KikioTolu solutions.

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What are the benefits of your busines plan?

We will provide you with a full study of your company concept or endeavour, a customised business plan adapted to your individual needs, professional writing and formatting, and advice and assistance throughout the process at KikioTolu Solutions.

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What is the cost of your business plan?

KikioTolu Solutions Business Plan writing and design service cost ₦70,000.

Do You Print Business Plans For Clients?

No, we do not offer printing services.

Will I Own Full Rights To Content?

As you must have noticed, we don’t share samples of our completed jobs with clients. The thinking behind this is.

Once completed, the business plan is no longer a property of KikioTolu Solutions, and we transfer every rights to the client making them the sole owner of the material.

#1 Rated Business Plan Writers in Nigeria

Through the years our business plan writers in Nigeria have provided business plan writing services for clients in Nigeria. We are the leading business plan writers in Lagos, Abuja, Port-Harcourt, etc. We have clients in every region in Nigeria. Whether you just want to start a business or you already have one, but you are looking at scaling or raising funds, we are here to help you achieve your business goal.

Having a business plan is always a great idea, of course, you can start a business without a business plan, but getting a business plan has numerous benefits.

According to Wikipedia :

A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them. It may also contain background information about the organization or team attempting to reach those goals. Business plans may target changes in perception and branding by the customer, client, taxpayer, or larger community. When the existing business is to assume a major change or when planning a new venture, a 3 to 5 year business plan is required since investors will look for their investment return in that timeframe.”

A good business plan would help you identify three major things:

Where are you?

Are you just starting out, what are your startup costs, what problem is your business solving, who is behind the business?

Where you want to be?

You must have business goals such as, how many customers you plan to serve over a period of time, how much revenue you project to have over a period of time, etc.?

How to get there?

You want a blueprint of how you will attract clients or customers, how much do you require to start, what will you spend the funds on, do you plan to raise external funds, will you finance the business yourself, etc.?

Once you are able to identify and answer these questions, you are well ahead of the guy who just has an idea and hasn’t figured how to go about it.

As business plan writers in Nigeria, we have several clients that have benefitted from our services. These include (not all):

NaReal Poundo Yam
Photonimi.com
Big Don Solutions Ltd.

And of course, we have served over 373 organizations across the world including:

U-Drive; the first car-sharing company in the United Arab Emirates
QYQ Hair UK
com Singapore
National Black Television United States

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Restaurant business plan in Nigeria
Poultry business plan in Nigeria
Fish farming business plan in Nigeria
Cocoa farming business plan in Nigeria
Retail store business plan in Nigeria
E-commerce business plan in Nigeria
Software/Mobile App business plan in Nigeria
Pharmacy business plan in Nigeria
Bakery Business Plan in Nigeria
Dry Cleaning Business Plan in Nigeria
Snail farming business plan in Nigeria
Bottled/Pure Water business plan in Nigeria
Tomato processing business plan in Nigeria

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We looking forward to working with you!

Emmanuel author

I like this. I want to know how much it will cost me to write a business on how to start a fashion business

Hi Geraldine,

Thank you for your interest.

We would be glad to discuss your business plan for your fashion business (startup) with you.

Kindly, call 09098712313.

Looking to develop a business plan for Technology startup. An IT collocation and business continuity services. Thanks Jude Mbionwu

We would be glad to discuss your business plan for your startup.

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BUSINESS PLAN WRITER

Business plan writer in nigeria for business plan proposals.

If you are looking for a Business Plan Writer in Nigeria or a business plan writer in Lagos , Liveandwingit makes provision for business plan writing services to startups and existing businesses. We have the required experience in delivering a comprehensive perspective of your business or idea. One fantastic thing about our business plan writers is the fact that they have an understanding of how unique several businesses are, and this makes them provide distinctive insights and not just any kind of generic business plan. Due to our working experience and extensive services, what we provide is a concrete and top-notch business plan. In addition, we also do the extra work of giving you strategies, ideas, and sometimes possible partners to assist in the growth of your business.

A business plan is a framework for starting and running a new business, or for evaluating an existing one. It helps you clarify what you are trying to accomplish, identify the resources you will need, understand your market, develop a realistic budget and marketing plan, define your milestones and decide if it’s too small/large of an endeavor/not worth it/worth the costs involved.

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HOW TO WRITE A BUSINESS PLAN?

Definition Of The Problem – Executive Summary
Solution and Explanation Of The Business Model
Industry & Market-Sizing.
Feasibility Study or Analysis
SWOT analysis
Competition and Sustainable Advantage. …
Marketing and Sales Strategy.
Executive team.
Financial Plan
Mission Statement

We assure you that irrespective of what you want, we have the ability to meet and go beyond your expectations. Our goal is to make sure our clients are successful and give us their success stories.

We focus on business plans that will yield good results in Nigeria, Africa, or worldwide. We are also into the writing of professional business proposals and feasibility studies in Nigeria and in entire Africa.
We make it very affordable for business owners in Nigeria to have a professional business plan.
Our business plan service is suitable for venture capitalists, grants, leading office spaces, investors, and bank loans in Nigeria or Africa as a whole.
Lender-ready unique business plans that’ll assist you in accomplishing your targets for being bank ready, including the last gasp proofreading by our business plan consultants. You can also submit our business proposals and feasibility studies to either investors or banks.
Easy payment plan: You are only required to make a part payment for us to begin the business plan, then you make the rest payment after the completion of the plan. This is also the payment structure for our business proposal and feasibility study writing service.
You get real-time help from professional business experts in the whole process.
Ten-Thirty pages, which includes the 20 text pages that are custom generates and tailored to your business and also 3D graphics and spreadsheets to give the business plan a great professional look to any investor or bank.
You get unique custom creation of positive, strong special text which highlights the information and particulars of your company.
Every important section, which includes in-depth Marketing Analysis, Demographics, Objectives, Financial Plan, Mission Statement, Executive Summary, and every other one. (We help you carry out every demographic and market research based on current data).
We deliver the finished business plan to you in any form you would like it to be, either a hard copy, pdf file, CD form, word file, or all of them.
We give you a total satisfaction guarantee, and we will do all business plan changes and revisions with no extra charges.
24/7 knowledgeable, friendly, phone customer service to assist you with all questions. Let us assist you in achieving this now!

So what say you?

Do not rely on business plan templates, Get a Business Plan Writer in Nigeria for your business.

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As a client of ours, you don’t have to worry about how complex or daunting writing a business plan can get. Our experienced and expert business plan writers are here to help you translate your ideas and business goals in a language and format that appeal to investors, banks, Venture Capitalists, and other financial institutions.

Business Plan

Business Plan Writers in Nigeria / Feasibility Study Consultants

by BusinessPlan 6 Comments

Business Plan Writers in Nigeria – Are you starting a new business in Nigeria or are you an already established company and planning to expand into other services or areas, we will help you write a business plan tailored to fit your specific needs anywhere you are in Nigeria. At Businessplan.com.ng , we create business plans for new start-ups in different sectors and industries. We understand the uniqueness and challenges in when dealing different businesses and so, we offer fresh strategies and insights to address the peculiarities in each business plan that comes to us.

Because our business plan writing service is custom-specific to meet the needs of our clients, it can be used for a bank loans, grants, business development strategies, joint/partnership ventures or just for planning purposes. We guarantee that whatever your demands are, we will be able to meet and most likely exceed your expectations. The success stories of our clients are our success.

Our goal is to assist small to medium-sized businesses in Nigeria that are looking forward to having a professional Business Plan, Feasibility Study, Company Profile or Proposal.

Reasons for Preparing a Business Plan

Test the feasibility of your business idea

Writing a business plan is the only way to make sure that your business idea is feasible and doable. In other words, a business plan is your safety net as this document will save you from wasting your time and money on a business idea that is untenable.

Get Loans and Grants

If you plan to get a loan from the bank, or a business grant, or you want to pitch your business idea to a potential business partner or investor, a business plan in required. Financial institutions and Investors will want to see the potentials of your business. A business plan is the best way to provide this information.

Decision Making

Writing a business plan helps you to make tough business decisions, especially when you have to choose between alternatives. For example, if you have not decided on the exact services your business will sell and at what price, you will find it difficult finish the business planning process and move on to the implementation phase. A business plan helps you to look at all the entire start-up process and decide on what you want.

How much does it cost to write a business plan in Nigeria?

Our Price List

To write a custom business plan = N155,000.
To do a feasibility study= N100, 000 and above.
To buy a ready-made business plan in any business = N10, 000.
To write a custom business proposal= N35, 000.
To write a custom company profile= N35, 000.

Tel: 07033378184

WhatsApp: 07033378184

Email: [email protected]

Our business plans are well-researched, comprehensive, coherent, consistent and of a global scale; designed to address all key business areas including, SWOTs, cash flow forecasts, brand launch strategies, detailed financial projections, organization structures and growth action timelines for the next five years. We ensure we hand-over a full roadmap to success over to you.

Read More: How to write a business plan and make sense.

There are guidelines for writing a business plan. To that effect, our business plans highlights the following features:

Executive Summary
Business & Industry Overview
Business Objectives
Corporate Statements
Business Structure
Management & Staffs
Products and/or Services – Description & Processes
Market Analysis
SWOT Analysis
Competitors & Customers Research
Marketing Strategy
Sales Strategy
Short & Long Term Goals
Keys to Success
Financial Analysis & Projections
Investment Opportunity & Exit Strategy – For Investor(S) Related Plan

Because of our diverse services and experience, what we offer is premium and effective business plan. We also go the extra-mile to offer ideas, strategies and sometimes possible partners to help your business grow.

Business Plan Writers in Nigeria – How to Write a Business Plan in Nigeria

A business plan is a plan which highlights everything about a business. Many startups are springing forth in recent Nigerian times. Still, the sad thing about these businesses is many of them have no plan, and they eventually fail because the failure in planning reverberates back into the success prospects of the business. A good business plan puts a business in a place of advantage over others because it gives a sense of direction which the business is to follow.

It is to be noted that a business plan I the same as it sounds a ‘business’ ‘plan’. The business does not have to be in the market before it puts up its plan; it should have had its plan before taking the first step about the operation of the business.

When the business plan of an organization is set in the proper order, it almost becomes impossible for the business to fail. This is because the business administrators understand the purpose and the direction for which the business is headed. Writing a good business plan is like a game; a single mistake can tarnish the entire outlook of the whole thing. It is, therefore, important to use the services of a professional in outing together a plan for your business. If you, however, want to put the business plan together yourself, this article will guide you on all the key ingredients that should be contained in a business plan.

Writing a Good Business Plan

Writing a good business plan is like writing anything, the combination of words to produce a structure. There are, however, some key ingredients that should be contained in the business plan if it is to be a good one. The content that makes for a good business plan is what we will be discussing in the following lines.

Research is the first step to a good business plan. As you may rightly assume, there are a million more people who do the same thing you want to do as a business. It is important to do proper research about your business niche. The research will put you on the edge of success over all your prospective competitors because you would have gathered knowledge from a wide wealth of knowledge. In the research process of your business plan writing, be sure to document everything you discover, as they would be very resourceful when putting your business plan together.

Asides the fact that proper research puts your business in a place of advantage over other businesses, the research will also get you to know your onions about your industry, and this is pertinent for the success of any startup business (especially). Knowing your onions, not just about the services you provide, but also about the events and current happenings in your industry puts you at a great advantage when defending business proposals.

The purpose of the research of your business plan is to help you as the business owner understand the synergy of your industry, and plan your own business to fill the lapses that other businesses could not. When the research stage of your business plan writing is properly done, it can keep your organization in business for a very lengthy time.

Highlight Your Business Objectives

The objectives of the business will be the guiding pillars upon which the business will progress. After the research stage of the business plan writing has been completed, the objectives of the business should start seeing the light in the mind of the business owner. According to some experts, a business with a written objective is more likely to succeed over one that doesn’t.

The objectives of the business will highlight all the things you hope to achieve with your business. The business objective would ideally be a set that is unique to your business. Yes, there could be a few among the objectives of your business that other businesses have; however, the complete set should be unique to just your business.

Setting the objectives of the business should predicate its premises upon a set of clearly thought out needs which the business hopes to meet in the community and the world within which it is based. A chicken poultry business that’s being operated for eggs would ideally have a completely different set of objectives when compared with a poultry business that’s operated for meat. Although, both businesses may have some similar objectives, the complete set of objectives would be singularly unique, and they would be the ones to guide every other thing that the business does.

In highlighting your business objectives, be sure to state all the things you hope the business will achieve in its lifetime. Put the following into consideration is setting the objectives for your business:

The business objective must be unique to your business Sometimes, the business objectives are the success secrets of the business.
The business objectives must be concise and easy to understand As a rule of thumbs, keep each objective of the business as a single sentence statement. It is easier to help employees understand a simple objective than a bogus one.
The business objective should be geared towards solving a problem This is usually the thing that makes the business objective the most important part of the plan. Each objective of the business should be geared towards solving problems that you the business owner has found in the business niche, and other businesses could not solve (or solve properly).
The business objective must be timeless In setting the objectives for your business, make sure they are objectives that will be relevant for a very long time, and not just on the immediate timeline.

Create a Company Profile

The goal of a business is to make a profit, while this is true, the process of getting a profit out of the many factors that surround a business is the most tedious part of the business ideation process. One of the things that place a business on the advantage of making a profit in a reasonable time is the company profile.

The company profile is usually set to attract investors and partnerships to the business, and so it is essential to be very strategic about this part of the business plan. The company profile will highlight the history and future projections of the business.

The company profile part of the business plan will also ideally highlight the product and services rendered by the company. The entirety of the company profile is set in place to be a bait that attracts investors to the operations of the business.

No matter what stage your business is in; it should have a company profile, it generally presents your business as a more organized one, and this is a great advantage in getting investors for the business. Even if your business does not have a physical office, get a constructive company profile together if you ever hope to make meaningful partnerships with your business.

Create a Branded Presentation Format for the Business Plan

The presentation of a business plan also matters greatly to the overall integrity of the business. This single factor is why a lot of businesses spend a lot on the branding of their materials and products. There is a saying that’s very common in the business circle, and the saying mentions that it doesn’t matter what a business has or doesn’t, the only thing that matters is the way the business is perceived. While some may consider this untrue, to a very great extent, the perception of the business can hinder the totality of the progress of the business.

This is not to say you should spend excessively on branding your business plan; it is, however, necessary to create a way of presenting it to prospective investors in a way that would attract them. Even if you cannot afford very expensive branding themes, be sure to get something together that makes your business plan look attractive not just in content, but also in presentation.

Highlight the Business’s Financial Prospects

This is the real business part of the business plan. This part of the business plan is essential because, just like your organization, all investors and partners seek to make a profit of their investment funds. It is therefore very pertinent that you carefully highlight the prospects that live within your business in logical figures that investors can relate with. The financial prospects will probably be the only part that some investors would check in your business plan before checking to see the other parts of the plan. It is extremely useless to have a business plan that doesn’t show a profitable prospect in its pages; this is why you have to carefully calculate all the factors that influence the profitability of your business in this part and highlight them for investors to see.

In putting the financial prospects of your business plan together, it is important to understand that all investors seek a profit, and they are most times attracted by it.

When presenting the financial prospects of your business, be sure to consider the following:

All the information contained in it must be updated and verifiable The prices and other information that would make upon the financial part of your business plan must be something that investors can verify as some would. They must also be the recent prices as using outdated or obsolete prices can present your business as one that doesn’t understand its industry.
The Information Should Not be Speculative There has to be a form of precision in the financial prospects of your business. Yes, sometimes, things don’t go according to plan, that is, however, for you to know and keep in mind, not to share with investors. You must present relevant and accurate information in the financial part of your business plan, as any form of doubt an investor notices in your business plan will sway their conviction about your business.

Presenting Your Business Plan

Presentation is one of the key elements to the success of any business. The following line will show some of the key elements we have not discussed but should be in a business plan.

Cover Letter The cover letter will show an overview of the business in words. The cover letter is usually not more than a page of the business plan, and it is one of the first things that anyone would see on the pages of the business plan. When putting together the cover letter of your business plan, be sure to avoid any unnecessary information, and go straight to the point. Put everything your business is about in your business plan cover letter; your services, your products and all.
Title Page The title page will highlight a little more detail about the business in terms of structure. The title page will usually contain some information that is quite local to the business such as the name of the founder, the need that drove its formation, et cetera. In putting the title page of your business plan together, be sure to make it simple, and yes you can put the business logo if you have one (if you don’t, the business name will suffice).

Pitfalls of Business Plans

There are a few red marks you should watch out for when putting together your business plan. We will highlight some of them here; you will do well to make further research yourself.

The urge to write everything about the business in one piece It is to be noted that a business plan is just a plan for the lifetime of the business, and not the actual business itself. You should resist the temptation to put everything about the business in its business plan, as this does not just expose the uniqueness of the business, it also keeps investors away from the business as its looks too cumbersome. Be sure to simplify your business plan to the simplest possible.
The urge to get out of a financial mess This is a good thing personally as it usually pushes people to get out of the comfort zone and get things working. It, however, is not very good for businesses, as it would make the business look as though it is all about making money, and not impact.

Business Plan Writers in Nigeria / Business Plan Consultants © www.businessplan.com.ng

Business plan writers in Nigeria

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Energy & Technology

How to start an oil and gas business in Nigeria

Starting an oil and gas business in Nigeria can be a complex and challenging endeavour, but it can also be a lucrative one. in this article, Teckyenergy seeks to explain how this might be done. Here are some steps to help you get started:

Obtain the necessary licenses and permits

To operate an oil and gas business in Nigeria, you will need to obtain the necessary licenses and permits from the government. This includes obtaining a license from the Department of Petroleum Resources (DPR) and possibly other agencies, such as the Nigerian National Petroleum Corporation (NNPC) or the Ministry of Petroleum Resources.

Conduct market research

Before you start your business, it is important to conduct thorough market research to understand the demand for oil and gas in Nigeria and identify potential customers and partners.

Develop a business plan

A business plan will help you map out the details of your business and establish your goals and objectives. It should include information about your target market, financial projections, and marketing and sales strategies.

READ ALSO: The Net Zero Goal and Why It Matters

Secure funding

Starting an oil and gas business can be expensive, so it is important to secure sufficient funding. This may involve seeking investment from venture capitalists, banks, or other financial institutions.

Find suppliers and partners

You will need to find reliable suppliers and partners to help you with various aspects of your business, such as drilling, transportation, and storage.

Establish a legal structure

Choose a legal structure for your business, such as a sole proprietorship, partnership, or corporation. This will determine how your business is taxed and how liability is shared.

Hire employees

As your business grows, you will need to hire employees to help you manage and operate it. Be sure to follow all relevant labour laws and regulations when hiring and managing your workforce.

Market your business

Once you are up and running, it is important to market your business to potential customers and partners. This may involve creating a website, advertising in industry publications, or attending industry events.

Starting an oil and gas business in Nigeria can be a challenging but rewarding endeavour. By obtaining the necessary licenses and permits, conducting market research, developing a business plan, securing funding, finding suppliers and partners, establishing a legal structure, hiring employees, and marketing your business, you can position yourself for success in this lucrative industry.

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How to Write A Business Plan in Nigeria (Template for Nigerian Businesses)

The first time I thought about writing a business plan was when a friend asked for my help writing his. I could imagine the stress he had gone through before asking for my help.

Many times, the subject of a business plan comes up when one wants to start a business, and for the majority of people, it almost always seems like some special type of document that only gurus write.

A large number of Nigerian startups fail to understand the true significance of this one document. This fact has made many Nigerian business startups botch the preparation of their business plans by focusing totally on the wrong things.

Good plans prune your projections into realistic thresholds and consider as many parameters as are available to you.

Before we move on to how to write a business plan, we need to define and establish what a business plan is or what it should be.

Table of Contents

What is a Business Plan?

A business plan is a document describing a business, its products or services, how it earns (or will earn) money, its leadership and staffing, its financing, its operations model, and many other details essential to its success.

A well-written business plan should be able to prove to just about anyone who reads it how feasible your goals are, including potential investo rs.

How to Write A Business Plan (Template for Nigerian Businesses)

Writing a business plan may seem daunting and complicated, but with a systematic approach, you can easily achieve this task with the right guidance.

Below are strategies to help you narrow it down to easily actionable bits.

Know the purpose of the plan

When an entity’s purpose is unknown, abuse is inevitable, and often this tendency is not effectively maximising such.

Before unknowingly wasting precious time writing a plan that wouldn’t fit its purpose, you must know who exactly is going to be reading your plan before taking any steps.

For example, a simple plan written to attract investors would always differ from one written for internal use only.

Furthermore, before writing any part of your plan, even in the search for investors, you should consider especially who your readers are and try as much to cater to their particular expectations without losing track of your initial road map.

You should also aim to make your plan adaptable, editing it as the situation demands.

Draft an executive summary

A good executive summary is a key section of your plan—it’s also the last section you should write.

The executive summary’s purpose is to briefly describe the other parts of your plan. It usually is the part of your plan that convinces the reader if they want to know more about your business.

It’s also an overview of your business that persuades investors to read further. This is why you mustn’t make mistakes here.

While writing, keep in mind that it’s a summary, so make sure to highlight the key points you’ve uncovered

Whatever summary you end up putting on the plan would serve as the façade, the doorway into your plan.

Be as brief as you can. Be passionate.

Describe your company

This section of your business plan is the simplest part of the whole process. It caters for two fundamental questions: who are you, and what do you plan to do? Answering these questions introduces why you’re in business, why you’re different, what you have going for you, and why you’re a good investment bet.

Starting from a proper description of your company, you must share all the relevant information that connects to form your typical brand business plan.

These include market or industry analysis, organisation and management, service or product line, marketing and sales, your operations plan and your financial projections.

Make sure to present as detailed a description as possible using whatever medium can portray your ideas the best – tables, charts, verified industry statistics etc.

Read Also: How to Choose a Business Name in Nigeria

Do a thorough research

It doesn’t matter if you ever intend for anyone else to read it.

To write the most functional and perfect business plan, you need to know many things, which means research. It’s also called “doing a market analysis.”

It should include an overview of how big your estimate of the market is for your products, an analysis of your business’ position in the market, and a general overview of the competitive landscape.

It’s considered a safe bet to spend twice as much time researching as you would drafting the actual business plan.

This is because entrepreneurs need to know their market sphere, customers, and product and services very intimately to draw any plan of relevance.

Doing thorough research must include reading everything you can afford to read, talking to people, and seeking professional counsel. You should also check out videos on YouTube on what you are about. Scour the internet.

Finally, as a business owner, you’ll have to eventually make it into a habit and constantly inform yourself whenever the chance presents itself.

Read Also: How to Write a Business Report: Definition, Format, and Samples

Competitive analysis

After doing a market analysis, the next thing you should add to your business plan is a competitive analysis, i.e., you need to know who your competitors are. You cannot do this effectively if you do not take the time to study them. A good reason an investor would choose your business is if you have been able to study your competition and find a means to produce your services and products that are unique, better, and distinguishable.

Take note of actual and estimated figures

When you are starting a business and using expected figures, you need to communicate that properly so as not to mislead investors. Of course, you should have actual figures if you are already running your business.

Read Also: How to Write a Good Pitch: The Ultimate Guide for Freelancers

Service or product plan

This section should explain your service’s life cycle and what you sell. Explain how this benefits your customers. Share plans of intellectual property filings and research on your product or service. Also, describe the problem you are solving and how you plan to solve it. Of course, you have to talk about the competition as well.

Outline management and organisation

Your business plan’s management and organisation section should tell readers about who’s running your company. Detail the legal structure of your business. Communicate whether you’ll incorporate your business as a corporation or create a limited partnership or sole proprietorship.

If you have a management team, use an organisational chart to show your company’s internal structure, including the roles, responsibilities, and relationships between people in your chart.

Communicate how each person will contribute to the success of your startup. If you do not have enough hands to produce the desired result, have a plan to hire capable people to fill in the gap.

You can add documents (resumes, permits, leases, product pictures, letters of reference, etc.) to support your business plan; however, this is optional.

As you write a business plan that serves its purpose, remember that your words should persuade the reader and convince them as it convinced you.

Join our WhatsApp community to be a part of our Insightful conversations. You can subscribe to our YouTube Channel to watch our videos on business transformation.

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Adedokun Boluwatife is a content, Ghostwriter, and Medical student. She uses storytelling to write compelling articles and books. Writing is the greatest instrument to share what she knows with the world. Proficiency is a skill she always wields.

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How to Start a Nigerian Oil and Gas Company

The Oil and Gas sector serves as a major source of revenue in Nigeria. Any person intending to start an oil and gas business in Nigeria must comply with certain legal requirements. This write-up will give a breakdown of the step-by-step procedure necessary to set up an oil and gas business in Nigeria.

The following steps must be followed to start an oil and gas company in Nigeria:

Registration of Company

Registration at Corporate Affairs Commission This applies to all businesses owned by nationals, foreigners, or both. The Companies and Allied Matters require all businesses to be registered with the Corporate Affairs Commission (CAC). The process is seamless and carried out online by accredited agents of the CAC. This enables the business to acquire a separate legal entity through which it can sue and be sued and acquire property. The documents given to the company upon registration ensure legitimacy and builds trust among its customers. They also serve as primary documents requested during contracts or when opening a bank account. One could also register as an enterprise (business name). However, this would limit the type of permit it can be granted to carry out certain activities in the oil and gas sector.

Registration at National Investment Promotion Commission This is only required for businesses having foreign participation. Every company with foreign ownership is required by the National Investment Promotion Commission Act to register with the NIPC before commencing business in Nigeria upon incorporation at the CAC.

Tax Registration & Obtaining Tax Clearance Certificate (TCC) It is pertinent for a company intending to engage in the oil and gas business to register with the nearest branch of the Federal Inland Revenue Service (FIRS) and obtain a Tax Clearance Certificate (TCC). The Tax Clearance Certificate proves that the Company’s tax affairs for the preceding year are in order with no outstanding unpaid taxes. One of the benefits of having a TCC is that it is an important requirement to process any permit in the oil and gas industry.

Registration with the Nigerian Social Insurance Trust Fund (NSITF) This scheme was established to cater to employee welfare. It protects private sector employees from financial difficulties in the event of old age, invalidity, cessation of employment, and death paid to them or their survivors. Being a requirement for obtaining a license to operate in the petroleum sector in Nigeria, entities engaged in this business must register with NSITF and make monthly contributions towards the pension or retirement benefits and compensation for other work-related accidents

Obtain a Permit/License Obtain a Department of Petroleum Resources Permit This is a department under the Ministry of Petroleum Resources (DPR) charged with the responsibility to provide regulatory guidelines across the entire oil and gas value chain in Nigeria. Application for all licenses in the oil and gas sector is sought for and obtained before any person or entity can carry out any operations therein. The DPR issues 3 categories of permits in the Oil & Gas Industry (OGISP) section depending on the service the company intends to provide. The categories of licenses are General, Major, and Specialized purpose. The documents required to process the permits include incorporation/registration documents given at the point of Incorporation Documents, Tax Clearance Certificate, Employee Compensation Scheme (NSITF), List of Equipment available to the Company, Details of Staff, Evidence of Medical Retainership with a hospital, Company’s Profile, etc.

The documents and the fee charged differ for each category of license sought.

Register with Nigerian Content Development and Monitoring Board (NCDMB) The NCDMB was established in 2010 by the Nigerian Oil and Gas Industry Development Act. Registration for the Nigerian Oil and Gas Industry Content Joint Qualification System is imperative as it consolidates data on all major activities in the Nigerian Oil and Gas Industry. The Board monitors the oil and gas sector to ensure compliance with Nigerian Content provisions and among others targets capacity-building interventions that will deepen indigenous capabilities.

Obtain the Industrial Training Fund Certificate The ITF requires employers with a minimum of N50, 000, 000 (Fifty Million Naira) turnover or having more than 5 employees to contribute to the fund at the rate of 1% of the company employees’ payroll. Suppliers, contractors, or consultants who bid for contracts from government agencies or private companies are required to make this contribution as well. Thus, a company intending to provide a service in the oil and gas sector must obtain this certificate to evidence its contribution to the fun, which is utilized to promote and encourage the acquisition of skills in industry and commerce with a view of generating a pool of indigenous trained manpower sufficient to meet the growing needs of the economy.

Registration for Pension The pension registration can be done with any Pension Fund Administrator (PFA) in Nigeria. Although it is not compulsory unless the company intends to register with Nigerian Petroleum Exchange or has more than 5 employees. However, it is advisable company register their staff, to enable them to save for pensions.

Register with Nigerian Petroleum Exchange and Production Companies Register with Nigerian Petroleum Exchange This step is optional but advisable if the company intends to participate in bidding platforms for major contracts. This can be avoided if the company only engages in minor contracts.

Register with Production Companies This is paramount to access the petroleum products intended to be sold and work with the major oil-producing companies, especially the International Oil Companies (IOC). The production companies include Total, Shell, etc.

Conclusion there are various business opportunities in this sector that one can engage in, depending on the startup capital or intention of the parties concerned. These include consultancy services, fuel importation, petroleum refining, offshore/onshore trading, oil farm/depot, fuel haulage/logistics, filling stations, domestic DPK retailing, brokerage services, TV Show, oil drilling and exploration, etc. The type of service determines the category of license sought and granted.

The substance of this article is planned to give a general manual for the topic. You can reach out to our Expert for guidance and legal services.

Email: [email protected]

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How to start an oil and gas business in Nigeria

Obtain the necessary licenses and permits

Conduct market research

Develop a business plan

Secure funding

Find suppliers and partners

Establish a legal structure

Hire employees

Market your business

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What is a Business Plan?

How to Write A Business Plan (Template for Nigerian Businesses)

Know the purpose of the plan

Draft an executive summary

Describe your company

Do a thorough research

Competitive analysis

Take note of actual and estimated figures

Service or product plan

Outline management and organisation