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rice business plan

Visit campus and discover if Rice has the right MBA program for you. The Company is the world’s richest and largest graduate-level student startup competition. It is hosted and organized by the Rice Alliance for Technology and Entrepreneurship, which is 's internationally-recognized initiative devoted to the support of entrepreneurship, and . Rice has been a staple of Filipino diet since time immemorial. Therefore, opening a rice business in the Philippines can be a smart move. As with any other type of food business, there are two ways to make this happen. Either start your own rice retailing business or franchise an already established.


Starting a Rice Distribution Company - Sample Business Plan Template


Rice is one of the most popular and highly consumed food in most countries of the world. Because of this, it is always in high demand. If you are looking for a lucrative business that you can start with low capital, you can consider rice retailing business.

This article is going to provide with all the essential information you need on how to start a rice retailing business. Though it is undisputed that rice is a highly demanded food commodity but this does not mean that it sells well in every location.

There are many factors that influences the demand for rice and how well it will sell. While there are many places where rice is regularly eaten on a daily and there are also environments where rice is a luxury that is eaten occasionally. This is why you need to carry out a market research to determine where to locate your rice retailing business. Market research will also help you to identify and understand your potential customers and even your competitors, rice business plan.

So, before use start anything as regards the rice retailing business, the first thing you should do is to write a rice retailing business feasibility study report and rice business plan a comprehensive market research. Doing this will arm you with all the necessary information you need for the business. And this will help you make right decisions and also save you from making unnecessary mistakes. Is it not to go and buy rice from wholesalers and resell? I mean, do you know how to distinguish a good rice from a bad one?

Do you know the right place to purchase quality rice at cheap prices? My advice for you is that you should look for one or two highly successful rice retailers and go and learn the nitty-gritty of the business from them, rice business plan. Like I mentioned earlier, it is the location of your rice retailing business that will determine whether you will sell very well or not.

So, when you are finding for a location for your business, rice business plan, make sure that location is where there is high demand for rice, rice business plan. Also, make sure it is not too far from where you will be getting your rice supplies. As soon as you get a location that is suitable for your rice retailing business, start promoting your business to people around.

Intimate people about what you intend to sell so that they can become familiar with it, rice business plan. If you really want your rice retailing business to go far, then you will need a business plan for it. A business plan will not only help you preempt the future and plan for it by setting clear goals, rice business plan, it will also make it easy for you to pitch investors for your business and even apply rice business plan bank loans in case the need arises.

If you want to write your business plan by yourself, there are business plan rice business plan and template online that use can use as a guide on how to go about it. If you want your rice retailing business to be taken serious, then you need to register the business. Registering your business will makes it looks professional and people will not be reluctant to transact business without because they know your business has a legal standing.

Also, it will make it easy for you get contracts from corporate organizations and government rice business plan. If you not have the required capital to start a rice retailing business, the first thing you should do is to source from capital either from your friends and family members or from the bank.

After you have raised capital, you can then make a bulk purchase of rice of different varieties that your customers will like either from a wholesaler or directly from a rice farm.

You should also get all other basic things you will need like storage facilities, measuring tools, etc. If you cannot handle the business single-handedly, then you can hire few people to work with you. You need to do aggressive marketing and look for irresistible offers that will make people buy from you and become your loyal customers.

A rice retail store business is a business that can be started by virtually anyone. You do not need any form of experience, good business or educational background rice business plan start and run a rice retail store. This article serves as a guide to how a rice retail store business plan sample looks like.

You will need it to effectively start your rice retail store business. Executive Summary George Grey rice retail store is a rice retail store owned by year-old high rice business plan dropout, George Grey. It is a registered store and will be situated in downtown Los Angeles, California.

We are looking to become one of the biggest rice retail stores in the United States. To make this happen, we have secured a facility that is large enough to help us achieve this. At George Grey rice retail store, we are aware of the existing competition in the rice retail store business. As a result of the competition that exists in this business, we have carried out massive research to help us know what our customers need. With this, we will be able to give our customers exactly what they want.

We will also make sure that our customers get the best services whenever they come to purchase our goods. We intend to have a personal relationship with all our customers, rice business plan. This, we will achieve with the use of a CRM software. Our Products and Services George Grey rice retail store is not in the rice retail business for fun.

We are in this business to make a lot of profit. We know that to make a lot of profit, we need to be able to please our customers. As a result of this, we will provide our customers with the best rice business plan from the most trusted rice production firms that are in the world.

Basically, rice business plan, the products that we will offer our clients include long-grain rice, short-grain rice and medium grain rice. All these will be available both in non-organic as well as organic form.

Vision Statement Our vision at George Grey rice retail store is to dominate the rice retail store industry, rice business plan. We have a vision to become one of the most sought after as well as successful rice retail stores in Los-Angeles California and in the United States. Mission Statement At George Grey rice retail store, our mission is to set-up a standard rice retail store business which will be able to meet the ever-increasing needs of our numerous potential customers.

We intend to ensure that properly bagged rice and will be obtainable to our prospective customers for a price that they will easily afford. We are also looking to grow from just having a single rice retail store in Los Angeles, rice business plan, California to having a chain of rice retail stores scattered across the United States, rice business plan. Business Structure We are looking to just set up a store that will be considered average. Our intention at George Grey rice retail store is to set up a business that will be a standard for other rice retail store business that will be set up after we get established.

We know that becoming a force to reckon with in this business will not happen overnight. We are very intentional. As a result of this, we will employ the services of only those that we are certain can function at the level we want to operate. We will ensure that our staff are qualified to work in rice retail stores and are also very customer-friendly.

Market Analysis Market Trend The rice retail store industry is definitely not a new industry. However, it is constantly undergoing change. At the moment, this industry is moving very rapidly from a manually powered industry to a technology driven industry. As a result of the advantages that technology has made available, home delivery as well as online ordering are now a major part of the rice retail store business.

Sales and Marketing Strategy We are new in the industry and we intend to get a foothold really fast. To achieve this, we will carry out the following;, rice business plan.

Our Target Market Virtually everyone feeds on rice. This makes the market for the rice retail store business a very large one.

We are rice business plan the only rice retail store in Los Angeles, California, rice business plan. Therefore, we do not intend to offer everyone our services.

After carrying out our research, we have come up with a target market that we know will suit our business. Those in our target market include;, rice business plan. As it stands, we do not rice business plan all the money we need.

The remaining amount will be gotten as a loan from the bank. Competitive Advantage We are not ignorant of the high level competition that exists in the rice retail store business. To stand out, we have chosen a location that will constantly keep us in the view of our customers. We are also looking to get the best rice brands from top rice business plan packaging firms, rice business plan.

Conclusion This is a rice retail store business plan sample. Toggle navigation MENU.

 

Jones Graduate School of Business at Rice University

 

rice business plan

 

RICE RETAILING BUSINESS PLAN EXAMPLE. Here is a free business plan for starting a rice retailer business. A rice retail store business is a business that can be started by virtually anyone. You do not need any form of experience, good business or educational background to start and run a rice retail store. The World's Richest and Largest Student Startup Competition Save the Date! The next Rice Business Plan Competition is March , Applications open November 1, Rice has been a staple of Filipino diet since time immemorial. Therefore, opening a rice business in the Philippines can be a smart move. As with any other type of food business, there are two ways to make this happen. Either start your own rice retailing business or franchise an already established.