Following the government ban imposed on the production of plastic polythene bags in Cameroon, this business is in the process of being created to produce Eco-friendly paper bags. The main target is take over the market of all type of plastic bags used by the public especially the plastic bags distributed by retailers to carry shopped products.
After carrying out a long market research I have elaborated a concise business plan and all I need now is seed capital to take off. The average time estimated for full implementation of the project is 6 months.
The projected EBIT for the first year of production is about 500,000 USD, considering our favorable tax system profits could soar above 300 k.
It should be noted that this business has an annual sales revenue potential of up to 1 million dollars within the first two years of business.
I need Investor willing to take up equity and inject seed funding. Please contact me for further details and Business Plan