However he could not figure out how to make the chips taste good and he eventually was pulled off the task to work on another brand. The US Food and Drug Administration weighed in on the matter, and inthey ruled Pringles could only use the word "chip" in their product name within the following phrase:
Students Our Competitive Advantage A close study of the snacks food production industry reveals that the market has become much more intensely competitive over the last decade.
As a matter of fact, you have to be highly creative, customer centric and proactive if you must survive in this industry. We are aware of the stiffer competition and we are well prepared to compete favorably with other potato chips production companies in Los Angeles- California.
So also, we have a management team that has what it takes to grow startup business from survival to profitability within the shortest time — frame.
We will also give good working conditions and commissions to freelance sales agents that we will recruit from time to time. In essence, our source of income will be the retailing and supply of well — packaged potato chips Sales Forecast One thing is certain when it comes to potato chips production business, if you are able to cut cost of production, pay attention to branding potato chips business plan pdf packaging and you able to build a robust distribution network, you are sure of generating good sales and of course make good profits from the business.
We have been able to critically examine the snack food production industry and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast.
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The sales projections are based on information gathered on the field and some assumptions that are peculiar to similar startups in Los Angeles — California.
Please note that the above projection might be lower and at the same time it might be higher. We have detailed information and data that we were able to utilize to structure our business to attract the numbers of customers we want to attract per time.
We hired experts who have good understanding of the snacks food production industry to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in Los Angeles— California and other cities in the United States of America and Canada.
In other to continue to be in business and grow, we must continue to sell and supply our potato chips which is why we will go all out to empower or sales and marketing team to deliver.
Potato Chips Production Business Plan — Publicity and Advertising Strategy Despite the fact that we are going to be starting on a small — scale supplying our potato chips to supermarkets and grocery stores in Los Angeles — California, we will still go ahead to intensify publicity for the business.
As a matter of fact, our publicity and advertising strategy is not solely for winning customers over but to effectively communicate our brand. We are aware that there are contracts for supply of potato chips by government establishments, NGOs, corporate organizations or big religious organization; we will ensure that we abide by the bidding pricing template when we bid for such contracts.
Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfer for our potato chips. Start — Up Expenditure Budget In setting up any business, the amount or cost will depend on the approach and scale you want to undertake.
If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.
This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.
As for the detailed cost analysis for starting a potato chips production company; it might differ in other countries due to the value of their money.
Legal expenses for obtaining licenses and permits as well as the accounting services software, P. Please note that this amount includes the salaries of the entire staff member for the first month of operation and the amount could be more or lower.
We do not intend to welcome any external business partner, which is why we have decided to restrict the sourcing of the start — up capital to 3 major sources. These are the areas we intend generating our start — up capital; Generate part of the start — up capital from personal savings Source for soft loans from family members and friends Apply for loan from my Bank N.
All the papers and document have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount.
Potato Chips Production Business Plan — Sustainability and Expansion Strategy The future of a business lies in the numbers of loyal customers that they have, the capacity and competence of the employees, their investment strategy and the business structure. We know that one of the ways of gaining approval and winning customers over is to sell and supply our well — prepared and well — packaged potato chips a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.
As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more.
We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.
Completed Opening of Corporate Bank Accounts: Completed Opening Mobile Money Accounts: Completed Opening Online Payment Platforms: In Progress Application for business license and permit: Completed Purchase of Insurance for the Business: Completed Leasing of facility and remodeling the facility to accommodate a standard kitchen: In Progress Conducting Feasibility Studies: Completed Generating capital from family members: Completed Applications for Loan from the bank: In Progress Writing of Business Plan: In Progress Recruitment of employees: In progress Creating Official Website for the Company:Masters of Business Administration Subject: Marketing ManagementA Marketing Plan on “Ring Chips” A product of Bombay Sweets & Co., Ltd.
5/5(1). We have researched prices from China and India for semi automated and fully automated Potato Chips and Crisps Production Lines of between eight and fifteen machines.
In fact, chips stay fresh for eight weeks at most after cooking. Then they steadily deteriorate to staleness. This means you can buy chips that are . Starting a business requires adequate planning, and a potato chips production business is no exception. The best way to plan your business is to create a comprehensive and near-accurate business plan.
Monopoly of Multinationals currently in the business of Potato Chips Manufacturing. Imbalanced Prices of Potatoes due to lack of adequate Storage Facilities as a result of which large Production is wasted.
Pre-feasibility Study Potato Chips .
crop for processing as potato chips and the other half processed as fries. • Until the Bluebird factory at Timaru closed in February the Bowans were the main suppliers, so this had a real impact on their business.