A mango jam business involves producing and selling jam made from ripe mangoes, often combined with sugar, pectin, and other natural flavorings.

This type of business can operate on a small scale, targeting local markets, or expand to supply supermarkets and export markets.

Mangoes are among the most widely consumed tropical fruits worldwide, with global production exceeding 55 million metric tons annually.

Processed mango products, including jams, contribute to a market expected to reach $3.5 billion by 2027.

The business typically requires sourcing high-quality mangoes, maintaining food safety standards, and creating visually appealing packaging to attract consumers.

Demand for natural, preservative-free spreads is growing, with surveys showing 68% of consumers prefer products with fewer additives.

By offering unique flavors, organic options, and sustainable packaging, a mango jam business can tap into both health-conscious and gourmet product markets.

Steps on How to Write a Mango Jam Business Plan

1. Executive Summary

Ivan Brayden® Mango Jam Company, Inc., based in Miami, Florida, is a specialty food business dedicated to producing premium mango jam from fresh, locally sourced mangoes.

The company will focus on crafting high-quality, natural products with no artificial preservatives, catering to the growing demand for healthier, flavorful spreads.

With Miami’s proximity to tropical fruit farms and its vibrant food culture, the business is well-positioned to serve both local and national markets.

The company aims to stand out through unique flavor variations, organic options, and eco-friendly packaging.

Ivan Brayden® Mango Jam Company, Inc. will target supermarkets, farmers’ markets, specialty stores, and online platforms to maximize reach.

By prioritizing quality, sustainability, and customer satisfaction, the company plans to build a loyal customer base.

Its mission is to make mango jam a household favorite while promoting Miami’s tropical flavors nationwide.

2. Company Profile

a. Our Products and Services

Ivan Brayden® Mango Jam Company, Inc., our primary product is our signature mango jam, crafted from fresh, ripe mangoes sourced from trusted local farms in Florida.

We offer a variety of flavors, including Classic Mango, Mango-Pineapple Fusion, Spiced Mango Cinnamon, and Mango-Chili Pepper for adventurous palates.

All our jams are made with natural ingredients, minimal sugar, and no artificial preservatives, catering to the growing health-conscious market.

We also provide organic and sugar-free options to meet diverse dietary needs.

In addition to retail jars, we offer bulk supply for restaurants, bakeries, and hotels seeking to incorporate mango jam into their menus.

Our products are packaged in eco-friendly containers to support sustainability.

We also provide custom labeling services for corporate gifts, weddings, and special events.

Beyond products, our company plans to host tasting events, jam-making workshops, and online recipe sharing, strengthening community engagement and brand loyalty while promoting the versatility of mango jam.

b. Nature of the Business

Our mango jam company will operate with both the business-to-consumer model and the business-to-business model.

c. The Industry

Ivan Brayden® Mango Jam Company, Inc. will operate in the specialty food and preserves industry, focusing on premium, natural fruit spreads for health-conscious and gourmet consumers.

d. Mission Statement

At Ivan Brayden® Mango Jam Company, Inc., our mission is to create premium, all-natural mango jams that celebrate the rich tropical flavors of Miami while promoting healthy, sustainable living.

We are committed to delivering products made from the freshest ingredients, supporting local farmers, and providing our customers with delicious, preservative-free spreads they can enjoy and trust.

e. Vision Statement

Our vision is to become a leading name in the specialty preserves industry, recognized nationwide for our quality, innovation, and commitment to sustainability.

We aim to make Ivan Brayden® Mango Jam Company, Inc. a household favorite, inspiring people to savor authentic tropical flavors while fostering a positive impact on communities and the environment.

f. Our Tagline (Slogan)

Ivan Brayden® Mango Jam Company, Inc.”Pure Tropical Bliss in Every Jar!”

g. Legal Structure of the Business (LLC, C Corp, S Corp, LLP)

Ivan Brayden® Mango Jam Company, Inc. will be formed as a Limited Liability Company (LLC).

h. Our Organizational Structure

• Chief Executive Officer (Owner)
• Production Manager
• Quality Control Staff
• Administrative Assistant (Cashier)
• Production Staff
• Logistics and Shipping Staff
• Customer Service Executive.

i. Ownership/Shareholder Structure and Board Members

• Ivan Brayden (Owner and Chairman/Chief Executive Officer) 52 Percent Shares
• Jim Rohn (Board Member) 18 Percent Shares
• Gius Michael (Board Member) 10 Percent Shares
• David Kingston (Board Member) 10 Percent Shares
• Lucy Williams (Board Member and Secretary) 10 Percent Shares.

3. SWOT Analysis

a. Strength

• Proximity to South Florida mango growers enables fresher fruit.
• Focus on clean-label recipes (no artificial preservatives) aligns with health-conscious consumers.
• Distinctive flavor portfolio (e.g., mango–pineapple, mango–chili) differentiates from generic jams.
• Miami brand equity: tropical identity, culinary tourism, and diverse retail/foodservice channels.
• Small-batch quality control and ability to run rapid R&D iterations.
• Eco-friendly packaging and potential certifications (Non-GMO, organic) support premium pricing.
• Omni-channel plan: farmers’ markets, specialty retail, hospitality, and DTC ecommerce.

b. Weakness

• Dependence on seasonal fruit supply; price and quality fluctuate year to year.
• Limited early-stage production capacity; potential stockouts during peaks.
• Higher COGS from premium inputs and sustainable packaging compress margins.
• Low initial brand awareness vs. national incumbents.
• Working capital needs for inventory (fruit, jars, labels) and retailer slotting fees.
• Regulatory overhead (FDA labeling, process filing, HACCP) adds complexity.

c. Opportunities

• Rising demand for natural, low-sugar spreads and exotic flavors in premium grocery.
• Private-label and co-packing for cafés, hotels, airlines, and bakeries.
• Export potential to Caribbean/Latin America and gift/souvenir channels tied to Miami.
• Seasonal and limited editions (e.g., mango–passionfruit) to drive urgency and PR.
• Content-driven DTC growth: recipes, influencer collaborations, subscription boxes.
• Waste-to-value: using cosmetically imperfect mangoes lowers cost and boosts the sustainability story.
• Retail expansion via regional chains.

i. How Big is the Industry?

The mango jam industry is a niche but growing segment of the global fruit preserves market, driven by rising demand for exotic, natural spreads.

With global mango production exceeding 55 million metric tons annually, processed mango products, including jams, contribute to a market projected to surpass $3.5 billion by 2027, growing at around 5% CAGR.

Health-conscious consumers seeking clean-label, tropical-flavored products are fueling expansion, especially in specialty food, export, and premium grocery sectors worldwide.

ii. Is the Industry Growing or Declining?

The mango jam industry is experiencing steady growth, supported by increasing global demand for exotic, natural fruit spreads.

With mango production exceeding 55 million metric tons annually, the processed mango products market, including jams, is projected to reach $3.5 billion by 2027, growing at an estimated 5% CAGR.

Rising consumer interest in clean-label, low-sugar options and premium tropical flavors drives expansion, especially in North America, Europe, and Asia-Pacific.

Growth is further fueled by e-commerce, specialty retail, and export opportunities in emerging markets.

iii. Future Trends in the Industry

The mango jam industry is evolving rapidly, driven by changing consumer preferences toward healthier and more sustainable food options.

A key future trend is the increasing demand for clean-label, preservative-free, and low-sugar jams, as more consumers seek natural products that align with wellness lifestyles.

Artisanal and small-batch jams that emphasize quality and authenticity are also gaining traction. Flavor innovation is another emerging trend.

Consumers are gravitating toward unique combinations, such as mango-pineapple, mango-chili, or mango-ginger blends, which differentiate products in a competitive market.

Limited-edition and seasonal flavors are expected to create excitement and drive repeat purchases, particularly in specialty and premium retail segments.

Sustainability and eco-conscious packaging will play a growing role. Brands that adopt recyclable, biodegradable, or reusable containers, while sourcing fruit responsibly, can strengthen their market position.

Additionally, waste reduction initiatives such as using cosmetically imperfect mangoes are becoming more popular. Finally, digital channels and e-commerce will shape the industry’s future.

Online subscriptions, social media marketing, influencer partnerships, and direct-to-consumer platforms will expand brand visibility, allowing artisanal mango jam companies to reach national and international markets efficiently.

iv. Are There Existing Niches in the Industry?

No, there are no existing niches when it comes to the mango jam business because the mango jam business is a niche idea in the broader category of the specialty preserves industry.

v. Can You Sell a Franchise of your Business in the Future?

Ivan Brayden® Mango Jam Company, Inc. will not sell franchises, but we will expand our distribution network across the United States and other parts of the world.

d. Threats

• Weather risks (hurricanes, droughts) impacting South Florida and supplier regions.
• Commodity volatility (fruit, sugar, glass) and logistics disruptions.
• Intensifying competition from large jam brands and artisanal locals.
• Evolving sugar/sweetener regulations and possible sugar taxes in certain markets.
• Food safety incidents (recalls) could damage trust and finances.
• Shelf-stable alternatives (honey, nut butters, hazelnut spreads) vying for the same pantry space.
• Counterfeit/gray-market risks if the brand gains traction abroad.

i. Who are the Major Competitors?

• Mango Mango – Hampton, VA
• Jackie’s Jams – San Diego, CA
• The Jelly Queens – Dallas, TX
• Trin-Jam Distributors, Inc. – New York, NY
• Mango Mangeaux – Hampton, VA
• Orizon LLC – Las Vegas, NV
• Gables Delight Jams – Miami, FL
• Winland Foods – North America (Private label supplier)
• The Fresh Factory – Carol Stream, IL
• Trailblazer Foods – Portland, OR
• Wolf Pack International – Gold Bar, WA
• Waldo Ward & Son – Sierra Madre, CA
• Mango Mango – Hampton, VA
• Jackie’s Jams – San Diego, CA
• The Jelly Queens – Dallas, TX
• Trin-Jam Distributors, Inc. – New York, NY
• Mango Mangeaux – Hampton, VA
• Orizon LLC – Las Vegas, NV
• Gables Delight Jams – Miami, FL
• Winland Foods – North America (Private label supplier).

ii. Is There a Franchise for Mango Jam Business? 

No, there are no franchise opportunities for the mango jam business.

iii. Are There Policies, Regulations, or Zoning Laws Affecting Mango Jam Business?

Operating a mango jam business in the United States involves compliance with several policies, regulations, and zoning laws designed to ensure food safety and public health.

The Food and Drug Administration (FDA) regulates food manufacturing, labeling, and packaging.

Mango jam producers must follow the FDA’s Food Safety Modernization Act (FSMA) guidelines, maintain proper hygiene, and ensure accurate labeling of ingredients, nutritional content, and allergens.

Local and state health departments also impose regulations, including mandatory inspections of food processing facilities.

Small-scale producers may qualify for cottage food laws in some states, allowing limited home-based production under specific conditions, though these laws vary widely by state.

Compliance with these laws ensures safe production and protects against potential fines or business closure.

Zoning laws are another consideration. Manufacturing, processing, and distribution activities must comply with local zoning ordinances.

Commercial food production typically requires facilities located in areas zoned for industrial or commercial use.

Home-based operations under cottage food regulations may face restrictions on sales volume, delivery methods, and public access.

Additional regulations may include state-level licensing, permits for selling at farmers’ markets, and USDA certifications for organic or specialty products. Adhering to these legal requirements helps a mango jam business operate smoothly while building consumer trust in product safety and quality.

4. Marketing Plan

a. Who is Your Target Audience?

i. Age Range: Our target audience includes individuals across a wide age range, particularly focusing on adults and young adults who have a strong influence on their household purchasing decisions. This typically encompasses individuals aged 18 to 45 years old.

ii. Level of Education: Ivan Brayden® Mango Jam Company, Inc. aims to reach individuals across various educational backgrounds.

iii. Income Level: Our target audience comprises individuals from various income levels. While our premium-quality mango jam products may attract consumers with higher disposable incomes, we also offer options suitable for different budget ranges to ensure inclusivity and accessibility.

iv. Ethnicity: Ivan Brayden® Mango Jam Company, Inc. aims to cater to a diverse range of ethnicities and cultural backgrounds.

v. Language: We primarily communicate with our target audience in English, as it is the predominant language in the regions where we operate. However, we strive to provide a welcoming and inclusive environment for customers of various language backgrounds and ensure that product information and marketing materials are easily understandable and accessible.

vi. Geographical Location: Initially based in Miami, Florida, Ivan Brayden® Mango Jam Company, Inc. targets customers primarily within the local and regional markets. As we expand, we aim to reach customers across the United States.

vii. Lifestyle: Our target audience includes health-conscious individuals, tourists, and those seeking an authentic taste of Miami.

b. Advertising and Promotion Strategies

• Build Relationships with players in the retail and grocery industry.
• Deliberately Brand All Our Vans and Delivery Bikes.
• Develop Your Business Directory Profiles
• Tap Into Text Marketing
• Make Use of Billboards.
• Share Your Events in Local Groups and Pages.
• Turn Your Social Media Channels into a Resource

i. Traditional Marketing Strategies

• Marketing through Direct Mail.
• Print Media Marketing – Newspapers & Magazines.
• Broadcast Marketing -Television & Radio Channels.
• Out-of-Home” marketing (OOH marketing) – Public Transits like Buses and Trains, Billboards, Street shows, and Cabs.
• Leverage on direct sales, direct mail (postcards, brochures, letters, fliers), tradeshows, print advertising (magazines, newspapers, coupon books, billboards), referral (also known as word-of-mouth marketing), radio, and television.

ii. Digital Marketing Strategies

• Social Media Marketing Platforms.
• Influencer Marketing.
• Email Marketing.
• Content Marketing.
• Search Engine Optimization (SEO) Marketing.
• Affiliate Marketing
• Mobile Marketing.

iii. Social Media Marketing Plan

• Start using chatbots.
• Create a personalized experience for our customers.
• Create an efficient content marketing strategy.
• Create a community for our target market and potential target market.
• Gear up our profiles with a diverse content strategy.
• Use brand advocates.
• Create profiles on the relevant social media channels.
• Run cross-channel campaigns.

c. Pricing Strategy

At Ivan Brayden® Mango Jam Company, Inc., our pricing strategy focuses on premium positioning while remaining competitive within the specialty preserves market. Prices reflect the use of high-quality, locally sourced mangoes, natural ingredients, and eco-friendly packaging.

We employ a value-based approach, considering production costs, market demand, and competitor pricing. Retail jars, bulk orders, and subscription options are priced to maximize profitability, support brand growth, and appeal to health-conscious and gourmet consumers seeking authentic, flavorful mango jams.

5. Sales and Distribution Plan

a. Sales Channels

Ivan Brayden® Mango Jam Company, Inc. utilizes a multi-channel sales strategy to reach diverse customer segments. Our products are available through specialty grocery stores, supermarkets, and gourmet food shops, ensuring visibility in both local and regional markets. We also supply restaurants, bakeries, hotels, and cafés, providing bulk options for culinary professionals seeking high-quality mango jams.

Direct-to-consumer sales play a crucial role in our strategy. We offer online ordering through our website, subscription boxes, and seasonal pop-up events, allowing customers to engage with our brand directly. Participation in farmers’ markets and food festivals further strengthens community connections and brand loyalty.

b. Inventory Strategy

At Ivan Brayden® Mango Jam Company, Inc., our inventory strategy focuses on balancing supply with demand while maintaining product freshness. We source high-quality, locally grown mangoes in alignment with seasonal availability and monitor production schedules to avoid overstocking. Finished products are stored under controlled conditions to preserve flavor, color, and shelf life.

We implement a just-in-time approach for raw materials and packaging, minimizing waste and reducing holding costs. Regular inventory audits and demand forecasting help ensure optimal stock levels across retail, wholesale, and direct-to-consumer channels.

c. Payment Options for Customers

Here are common payment options for customers at Ivan Brayden® Mango Jam Company, Inc.:

• Cash Payments
• Credit/Debit Cards – Visa, MasterCard, American Express, and Discover.
• Mobile Payments – Apple Pay, Google Pay, Samsung Pay.
• Online Payments – Payment gateways like PayPal, Stripe, or Square for website orders.
• Bank Transfers/ACH – For wholesale or bulk orders.
• Gift Cards or Store Credit – Prepaid options for in-store or online purchases.
• Buy Now, Pay Later Services – Options like Afterpay or Klarna for online customers.

d. Return Policy, Incentives, and Guarantees

Return Policy:

At Ivan Brayden® Mango Jam Company, Inc., we strive for complete customer satisfaction. Customers may request a return or replacement within 14 days of purchase if the product is damaged, defective, or not as described. Returns must be accompanied by a receipt, and we cover shipping for defective items.

Incentives:

We offer loyalty programs, seasonal promotions, and bulk order discounts to reward repeat customers. Subscribers to our online store receive exclusive deals, early access to limited-edition flavors, and occasional free samples.

Guarantees:

All our mango jams are crafted from fresh, high-quality, natural ingredients, free from artificial preservatives. We guarantee authentic tropical flavor, freshness, and consistent quality, ensuring that every jar meets the highest standards. Customer satisfaction is our top priority, and we commit to addressing concerns promptly and fairly.

e. Customer Support Strategy

Customer support is a crucial aspect of any business, including Ivan Brayden® Mango Jam Company, Inc., hence we will make sure we provide multiple channels for customers to reach out and seek support. This will include a dedicated customer support phone line, email address, and online chat option on the company’s website. We will ensure that these channels are easily accessible and prominently displayed.

We will implement a system that allows customers to track their orders and receive regular updates on the status of their deliveries. This transparency will help us build trust and reduce customer anxiety about the progress of their purchases.

We will create a detailed Frequently Asked Questions (FAQ) section on the company’s website that addresses common customer queries. This can help customers find answers to their questions quickly and reduce the need for direct support.

We will regularly evaluate and analyze customer support metrics, such as response times, customer satisfaction scores, and complaint resolution rates. Identify areas that require improvement and implement strategies to enhance the overall customer support experience.

6. Operational Plan

Ivan Brayden® Mango Jam Company, Inc. operates with a streamlined production process designed for efficiency and quality. Fresh, locally sourced mangoes are delivered to our processing facility, where they are washed, peeled, and prepared for cooking. Jam is then cooked in small batches, blended with natural ingredients, and carefully packaged in eco-friendly jars. Quality control checks are conducted at each stage to ensure consistency, flavor, and safety.

Our operational plan also includes inventory management, supply chain coordination, and distribution logistics. Products are supplied to retail outlets, restaurants, and online customers, with regular audits to maintain optimal stock levels. Seasonal demand, direct-to-consumer subscriptions, and farmers’ market events are integrated into the plan, ensuring timely fulfillment while minimizing waste and operational costs.

a. What Happens During a Typical Day at a Mango Jam Business?

A typical day at a mango jam business begins with receiving fresh mangoes from suppliers, inspecting quality, and preparing them for processing. The production team washes, peels, and chops the fruit before cooking it in small batches with natural ingredients. During cooking, the jam is carefully monitored to achieve the desired consistency and flavor, followed by quality control checks. Once ready, the jam is poured into jars, labeled, and sealed, ensuring freshness and safety.

Meanwhile, the operations team manages inventory, packaging, and order fulfillment, coordinating shipments to retailers, restaurants, and online customers. Administrative tasks include responding to customer inquiries, updating sales records, and planning for seasonal promotions or events. Farmers’ markets and pop-up sales may also be part of the day, providing direct customer interaction and brand visibility. This routine ensures consistent product quality, timely delivery, and strong customer satisfaction.

b. Production Process (If Any)

Here’s an itemized overview of Our Production Process at Ivan Brayden® Mango Jam Company, Inc.:

Sourcing – Purchase fresh, ripe mangoes from trusted local farms.

Inspection & Cleaning – Wash and inspect mangoes for quality and ripeness.

Peeling & Cutting – Peel the mangoes and cut them into small pieces.

Cooking – Cook mango pieces in small batches with natural sweeteners and optional spices.

Blending & Flavoring – Blend cooked mangoes to achieve smooth or textured consistency; add flavor variations if needed.

Quality Control – Test for consistency, taste, and safety at every stage.

Filling & Packaging – Pour jam into eco-friendly jars, seal, and label.

Cooling & Storage – Allow jars to cool and store in controlled conditions.

Inventory & Distribution – Track stock levels and prepare orders for retail, wholesale, and direct-to-consumer channels.

Shipping – Deliver products to retailers, customers, and event locations.

c. Service Procedure (If Any)

At Ivan Brayden® Mango Jam Company, Inc., our service procedure begins with taking and processing customer orders efficiently through our website, retail outlets, or direct sales channels. Orders are verified, and inventory is checked to ensure product availability. Our production team prepares the mango jam according to high-quality standards, ensuring freshness, flavor consistency, and proper packaging.

Once packaged, orders are carefully labeled and dispatched via reliable shipping methods or delivered to retail partners. Customer support is available to address inquiries, returns, or feedback promptly. This procedure ensures timely fulfillment, maintains product quality, and fosters positive customer experiences, reinforcing brand trust and loyalty.

d. The Supply Chain

At Ivan Brayden® Mango Jam Company, Inc., our supply chain is designed for efficiency, quality, and sustainability. Fresh mangoes are sourced from trusted local farms and delivered to our processing facility. Key ingredients, packaging materials, and labels are procured from vetted suppliers to ensure consistency and reliability.

Finished products are stored under controlled conditions before being distributed to retail stores, restaurants, online customers, and farmers’ markets. Regular inventory monitoring, demand forecasting, and logistics coordination ensure timely fulfillment, minimal waste, and continuous product availability across all sales channels.

e. Sources of Income

Ivan Brayden® Mango Jam Company, Inc. will generate income through:

• Retail Sales – Revenue from selling mango jam jars in grocery stores, specialty shops, and gourmet markets.
• Direct-to-Consumer (DTC) Sales – Income from online orders, subscription boxes, and seasonal pop-up events.
• Wholesale Orders – Supplying restaurants, cafés, hotels, and bakeries with bulk quantities of mango jam.
• Corporate and Event Sales – Custom-labeled products for weddings, corporate gifts, and special events.
• Limited-Edition or Seasonal Products – Premium-priced, exclusive flavors creating additional revenue streams.
• Workshops and Tasting Events – Income from jam-making classes, tasting sessions, and culinary experiences.
• Private Labeling and Co-Packing – Producing mango jam for other brands or retailers under their label.

7. Financial Plan

a. Amount Needed to Start Your Mango Jam Company?

Ivan Brayden® Mango Jam Company, Inc. would need an estimate of $250,000 to successfully set up our mango jam manufacturing company in the United States of America. Please note that this amount includes the salaries of all our staff for the first month of operation.

b. What are the Costs Involved?

• Raw Materials – Fresh mangoes, sugar, pectin, spices, flavorings: $3–$5 per jar, depending on batch size and season.
• Packaging Materials – Jars, lids, labels, eco-friendly containers: $1–$2 per jar.
• Labor Costs – Production staff, quality control, packaging, and administrative support: $2,500–$5,000/month for a small team.
• Utilities – Electricity, water, gas for cooking and facility operations: $500–$1,000/month.
• Equipment – Cooking pots, mixers, filling machines, storage racks: $10,000–$20,000 initial investment.
• Rent/Facility Costs – Commercial kitchen or processing facility: $1,500–$3,000/month.
• Marketing & Advertising – Online ads, promotional materials, events: $500–$1,500/month.
• Distribution & Shipping – Delivery to retailers, shipping to customers: $2–$5 per jar.
• Licensing & Permits – FDA compliance, state permits, cottage food licenses: $500–$1,000/year.
• Insurance – Product liability, general liability, property insurance: $1,000–$2,500/year.

c. Do You Need to Build a Facility? If YES, How Much will it cost?

Ivan Brayden® Mango Jam Company, Inc. will not build a new facility for our mango jam company; we intend to start with a long-term lease, and after 10 years, we will start the process of acquiring our own production facility.

d. What are the Ongoing Expenses for Running a Mango Jam Company?

• Raw Materials
• Packaging Supplies
• Labor Costs
• Utilities
• Rent or Facility Costs
• Marketing & Advertising
• Distribution & Shipping
• Insurance
• Licensing & Permits
• Maintenance & Equipment Upkeep

e. What is the Average Salary of your Staff? List the Job Position and their proposed salary based on industry rate and your startup capital

• Chief Executive Officer – $68,000 Per Year
• Production Manager – $45,000 per year
• Quality Control Staff – $40,000 per year
• Administrative Assistant (Cashier) – $35,000 per year
• Processing and Production Staff – $33,000 per year
• Logistics and Shipping Staff – $32,000 per year
• Customer Service Executive -$30,000 per year.

f. How Do You Get Funding to Start a Mango Jam Business?

• Raising money from personal savings and the sale of personal stocks and properties
• Raising money from investors and business partners
• Sell shares to interested investors
• Applying for a loan from your bank/banks
• Pitching your business idea and applying for business grants and seed funding from, government, donor organizations, and angel investors
• Source for soft loans from your family members and your friends.

8. Financial Projection

a. How Much Should You Charge for Your Product/Service?

Ivan Brayden® Mango Jam Company, Inc. will price standard mango jams between $8 and $12 per 250g jar, reflecting premium quality, natural ingredients, and eco-friendly packaging while remaining competitive in the specialty preserves market.

b. Sales Forecast?

• First Fiscal Year (FY1): $260,000
• Second Fiscal Year (FY2): $350,000
• Third Fiscal Year (FY3): $420,000

c. Estimated Profit You Will Make a Year?

• First Fiscal Year (FY1) (Profit After Tax): 15%
• Second Fiscal Year (FY2) (Profit After Tax): $20%
• Third Fiscal Year (FY3) (Profit After Tax): 25%

d. Profit Margin of a Mango Jam Company 

The ideal profit margin we hope to make at Ivan Brayden® Mango Jam Company, Inc. will be between 15 and 25 percent, depending on the packaging size.

9. Growth Plan

a. How do you intend to grow and expand? By opening more retail outlets/offices or selling a Franchise?

Ivan Brayden® Mango Jam Company, Inc. will expand our mango jam company by introducing new flavors, increasing production capacity, entering regional and national retail markets, leveraging e-commerce platforms, participating in food festivals, and establishing partnerships with restaurants, cafés, and hotels to reach a wider customer base.

b. Where do you intend to expand to and why? (Geographical Locations)

Ivan Brayden® Mango Jam Company, Inc. plans to expand to the following cities.

• Dallas, Texas
• Los Angeles, California
• Houston, Texas
• New York City, New York
• Miami, Florida
• San Francisco, Florida
• Orlando, Florida
• Austin, Texas
• Atlanta, Georgia
• San Diego, Florida.

We are expanding to these cities because they have high demand for specialty foods, strong retail networks, and a growing health-conscious consumer base.

10. Exit Plan

The founder of Ivan Brayden® Mango Jam Company, Inc. plans to exit the business through family succession, ensuring that leadership and ownership remain within the family. This approach allows for a smooth transition, preserving the company’s culture, values, and commitment to quality. Family members being groomed for leadership are provided with training in production, operations, marketing, and financial management to maintain the brand’s reputation and operational excellence.