Crafting a Business Plan for Expansion or New Business

Turning Vision into Action with a Clear Business Plan for Commodity Imports

The Customer Client

Pasma Company Ltd is a new venture founded by a UK-based Gambian entrepreneur aiming to establish a commodity import business serving The Gambia and surrounding markets. As a startup with no operational history, the client needed strategic clarity and financial structure to confidently begin operations.

Although the founder had deep interest and strong motivation to launch a commodity import business, there was limited clarity around market dynamics, operational strategy, and financial viability. The client needed a comprehensive business plan not just as a formality, but as a roadmap to guide actual execution.

Requirement

Pasma Company Ltd engaged I-Grow Venture Ltd to help assess the viability of the proposed business model and provide a structured guide for launch. The goal was not to raise funds immediately but to gain internal clarity on:

  • How to approach market entry
  • Competitive pricing and supply chain considerations
  • Required startup investment and operating costs
  • Break-even analysis and financial sustainability

Our Solution Approach

We applied a structured, insight-driven approach tailored to the startup’s unique needs. Our work included:

  • πŸ“Š Market research on commodity demand, competition, import regulations, and logistics in The Gambia
  • πŸ’» Excel-based financial modeling to forecast revenue, cost of goods, working capital needs, and profit margins
  • 🧠 Strategy alignment sessions with the founder to test assumptions and sharpen execution plans
  • πŸ“„ Delivery of a comprehensive business plan with financial model aligned to realistic market conditions

Impact Results

With a clear business plan in hand, the client was able to:

  • βœ… Gain a deeper understanding of the competitive landscape and commodity pricing mechanisms
  • βœ… Make confident decisions on launch timing, product sourcing, and initial capital needs
  • βœ… Move forward to the execution phase of the business
  • βœ… Clarify both the operational structure and financial management of the venture
"The commodity business plan is my second engagement with I-Grow. I am highly satisfied with both assignments. They don’t just prepare plans β€” they walk with you and provide advice that helps in execution. That’s not what I got from previous providers who just gave me a report."
β€” Saikou N Manneh
Founder & CEO, Pasma Company Ltd