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We intend to ensure that our company and what it stands for is deeply etched into the community and state where we would be operating from by participating in community events and fairs and sponsoring programmes and events to show our corporate social responsibility. Due to the huge demand in this industry from customers, we intend to sell our soybean oil a bit lower than our competitors for at least the first three months of operations to enable us attract the customers and increase awareness about our business. The projections were done based on similar start-ups in North Carolina as well as certain other assumptions peculiar to soybean oil production companies. Having the best hands to understand the vision of the company, work towards achieving it and running the business well is paramount. Having the right business structure is very important in building a soybean oil production company that will be of standard; this would mean ensuring that all the important factors are in place to achieve the vision of the company. Our aim is to ensure that we extract and refine quality soybean oil as well as its by-products that will be sold in wholesale and in retail to our various clients according to their requirements; Every business that is established to make profit knows that it needs strategies that will allow it has competitive advantage over others in the same industry. The soybean is usually dehulled, cleaned, and then dried before extraction process can be started. We use cookies to ensure that we give you the best experience on our website. He is the Executive Producer @JanellaTV and also doubles as the CEO, POJAS Properties Ltd. A Sample Palm Kernel Oil Production Business Plan Template, A Sample Rice Processing Mill Business Plan Template, A Sample Palm Oil Processing Plant Business Plan Template, A Sample Coconut Oil Production Business Plan Template, 14. We hope to get the best of the machines needed in extracting oil from the soybeans. Our hired business consultant has gathered information and data from various market and sales researches that has allowed us come up with accurate predictions that has favored our soybean oil production company. Publicizing our soybean oil production business in Raleigh – North Carolina will ensure that our brand is firmly rooted in this state and in preparation for our expansion plans across the United States of America. Here is a sample business plan for starting a Soyabean oil company. Our employees have keyed into our vision, making our company the envy of other employees in other companies in the industry. One of such sustainability strategies is the availability of the required finance necessary to run the business, so that the business doesn’t close shop. Our social media platforms will always be manned by professionals who know the right words that will attract potential clients, and who will make the platforms as interactive as possible. Asides our external investments, we also intend to offer additional products and services that will ensure that our bottom line remains healthy. This way, we are the first company clients come to instead of our competitors. The refined oil and its by-products will be sold to the following set of clients: • Grocery stores Business Overview. Therefore, to remain relevant and become well known in the industry, we intend to explore these three trends and use them to our advantage. This we intend to do so as to encourage increased patronage and increase awareness for our company as well. According to report, soybean oil is the most consumed oil in the United States having 55% of the whole market share.

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soybean oil business plan