Food Supply Business Needs Additional Inventory of Beans and Porridge Flour

Entrepreneur

About Me

Worked for a Supply Chain Company for over 15 years. I have experience and skill on Warehousing, Distribution, Logistic and Transportation. This year I started my own Business - Grains and Cereals Supply chain. Core goal being management of grains from the source who are the farmers to distributors/consumers.

My Business

Currently my business 'Grains Cereals Supply chain' deal with handpicking foreign matter on grains and selling them through a my retail shop at my home area.
Business Mission being:
To provide best low cost on transportation and warehousing solution for clean grains and cereals to our customers, and door to door delivering. "Wash and Cook"
In the current resent months I reused the profits to increase my stock. But due to increase on products demand it has increase the cost of supply due to transport cost buying small quantity due to lack of adequate capital. The product turnaround has increased by 100% after moving into a new shop near a bus stop. Which I positive it will increase more if I advertise my shop.
Goal: 1. working on how to get cheap logistic solution of cereals/grains from suppliers
2. In future own a pickup or a van

Loan Proposal

With the applied loan I will increase my quantity of beans and porridge flour from suppliers and store them in the shop cutting down on transport cost. I may wish to go to the market at least once a month.
Currently I am buying 90kgs of beans and with less than a week it’s finished. This is disappointing to my customers and especially regular customers. By the time I go to the market purchase the beans, polish and take them to the retail shop, I'm losing a day or two and my profits are consumed by the transport cost every week.
I may wish to move to the next goal which is storage. (Buy on season => Polish =>Warehouse=>Retail or wholesale)
Buying in large quantity and especially (Bean season) when the supply from farmers is high. This will help the farmers to dispose their produce fast to give them adequate time to prepare for their next planting season.
Transport consume my profits by 80% if I manage to go to the market once per month I will increase my gross profit by 60% and it give me time to concentrate on sales and marketing.

Feedback

Loan Info

Lenders