ISSN – PRINT:2756-4495 | ONLINE: 2756-4487
Volume 03, Issue 02 – 2023
Tom-George, Isobo Clifford,
Proof of Concept: Organic agriculture provides food with optimum nutritional value and minimum dangerous ingredients based on minimizing external inputs and avoiding synthetic fertilizers and pesticides.
Products: TOMGEE Global Limited was founded in 2022 solely for Integrated Organic Farming to produce healthy organic products. The farm will produce healthy organic products such as snails, poultry, and rabbits.
Market: The company would explore the opportunities of consumers’ demand for clean and hand-healthy organic products.
Competition: Our competitors are Eden Organics Limited, Agricultural Innovators, and Supremarts. One thing that sets the company apart is its commitment to providing high-quality organic products. Additionally, they are known for addressing customer complaints fairly and reasonably.
Funding Needed: The Company has a strong assets base; properties, plants, and Machinery (PPE) are available but only need working capital to consolidate its investment. TOMGEE Limited will need finance of Thirty Million naira (₦32, 000,000.00) to fund its operating capital through a bank loan.
Financial Projection: Our financial summary contains a five-year income statement based on thorough market research and a deep understanding of what it takes to grow our business. The five-year cash flow summary states that the company is going to be profitable and estimated at ₦159,776,895.00
Risk: There are four common risk mitigation strategies that TOMGEE Global Limited will adopt. These typically include avoidance, reduction, transference, and acceptance.