Hi, I am Mathais Tayo Brown, an Asylum Seeker in Cyprus. I migrated to this Island to seek refuge from some unforeseen circumstances in Liberia.
I am a graduate of the Stella Maris Polytechnic with a bachelor of science degree in Biology and a medical school dropout. I have developed a life-changing business idea but couldn’t afford the necessary capital to fund the process. I have searched and applied for financial aid to so many places but all to no avail. Fortunately, I came across BeggingMoney. I believe that this platform will help fulfill my business dream.
In a couple of months, I will return to Liberia to establish this dream I have long created. The name of the company will be “Tayo’s Charcoal”. Tayo is my maiden name so I chose to use it at the moment. It may change if investors and other financial helpers come in.
Business Overview: Tayo’s Charcoal specializes in distributing high-quality charcoal in Liberia, leveraging the abundant raw materials available in the region. Our unique environment allows us to cultivate and produce charcoal
efficiently, meeting the needs of countless customers. As we prioritize sustainable practices, we are dedicated to fostering strong relationships with our suppliers and clients while positively impacting the local community and environment. We remain committed to maintaining our quality and service standards as we continue to grow.
Tayo’s Charcoal is positioned at the intersection of demand for eco-friendly energy sources and the rich natural resources found in Liberia. We provide high-quality charcoal products to various market segments, including households, restaurants, and industries. Our operations prioritize sustainability, enabling us to support local economies while meeting the growing demand for charcoal locally and regionally.
Our mission is to deliver high-quality charcoal while fostering sustainable practices that benefit our local community and environment. We aim to become a trusted leader in the charcoal distribution industry while maintaining our commitment to quality, service, and sustainability.
Tayo’s Charcoal operates on a business-to-business (B2B) and business-to-consumer (B2C) model, catering to individual consumers and commercial clients. We source raw materials directly from local suppliers, allowing us to maintain quality control while supporting the local economy. Our distribution strategy focuses on direct sales, online orders, and collaborations with retailers to maximize market reach.
Our primary products include a range of charcoal types suitable for various applications, such as grilling, cooking, and industrial use. In addition to charcoal distribution, we also offer consultancy services for customers looking to optimize their charcoal consumption or production processes. As we grow, we plan to expand our product line to include value-added products and innovative solutions tailored to market demands.
Tayo’s Charcoal aims to achieve the following high-level financial targets within the first three years of operation: reach a sales revenue of $500,000 in the first year, $1.2 million in the second year, and expand to $2 million by the third year. We anticipate maintaining a gross profit margin of at least 40%, driven by
efficient production, effective marketing, and strong relationships with our suppliers and customers. Our strategic investments in marketing and operations will position us for sustainable growth in the industry.
Tayo’s Charcoal is poised for significant growth in the charcoal distribution market, leveraging the rich natural resources of Liberia. To capitalize on this opportunity, we have developed a comprehensive funding plan designed to ensure the successful launch and sustained growth of our operations. This
funding strategy is integral to our mission of delivering high-quality charcoal while maintaining our commitment to sustainable practices and community engagement.
The initial phase of Tayo’s Charcoal will require significant investment to cover various operational aspects.
Our estimated funding requirement for the first three years is as follows:
Equipment and Infrastructure: $150,000
1. Charcoal production machinery
2. Vehicles for distribution
3. Storage facilities
Raw Materials: $80,000
Sourcing high-quality wood and other raw materials to produce charcoal
Operational Costs: $50,000
1. Labor costs, including hiring skilled workers and training programs
2. Utility costs associated with production
3. Logistics and distribution expenses
Marketing and Branding: $30,000
1. Developing a brand presence through advertising and promotional activities
2. Creating a website and social media channels to reach a broader audience
Contingency Fund: $20,000
Reserves to manage unforeseen expenses and maintain operational continuity
In total, Tayo’s Charcoal is seeking to raise approximately $330,000.
This amount may seem huge, but with your help, my dream of becoming a successful businessman will come true.
This is the link to my PayPal account: paypal.me/MathaisTayoB
For more information, you can contact me via email or WhatsApp: tayopato32@gmail.com/+35794448316
Thanks for your help and may God bless you richly.