D/DOTM/22013/048

BUSINESS PLAN
NAME OF THE BUSINESS:CHAVAKALI ORTHOPAEDIC CLINIC

Name: PASCAL MUGODO

College No:D/DOTM/22013/048
Campus:KMTC MACHAKOS CAMPUS

A BUSINESS PLAN SUBMITTED TO THE KENYA MEDICAL TRAINING COLLEGE;MACHAKOS CAMPUS IN PARTIAL FULFILMENT FOR THE AWARD OF
DIPLOMA IN ORTHOPAEDIC AND TRAUMA MEDICINE.

JUNE 2023

DECLARATION
I PASCAL MUGODO neither declare that this business plan is my original work and has never been in existence nor copied from anywhere else.
Name: PASCAL MUGODO
Admission:D/DOTM/22013/048

Sign…………………………………………………. Date……………………………………………………
Name of the supervisor…………………………………………………….
Sign…………………………………………………….. Date…………………………………………………..

This business plan has been submitted with my approval.

ACKNOWLEDGEMENT
I would like to thank my parents who gave me this opportunity to do this course. I also pass my gratitude to all my relatives who have been of
great help to me during this journey. Also to my friends who gave me moral support and encouragement which gave me determination during

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the writing of this business plan. I also appreciate my lecturers for their correction and endless encouragement .May God Shower His Blessings
throughout the life of every person who supported and encouraged me.

DEDICATION
I dedicate this business plan to my Parents, Younger Siblings, who contributed a lot during my writing and also a dedication to my beloved
girlfriend and my friends for the support and daily encouragement. May the Lord grant his blessings upon them abundantly.

TABLE OF CONTENTS
Declaration………………………………………………………………………………………………………………………………………………………………………………….. 1
Acknowledgement……………………………………………………………………………………………………………………………………………………………………….. 1
Dedication……………………………………………………………………………………………………………………………………………………………………………………. 1
Executive summary………………………………………………………………………………………………………………………………………………………………………. 3
CHAPTER ONE……………………………………………………………………………………………………………………………………………………………………………….. 3
1.1 Background of owner………………………………………………………………………………………………………………………………………………………………. 3
1.2 Business name…………………………………………………………………………………………………………………………………………………………………………. 3
1.3 Business location……………………………………………………………………………………………………………………………………………………………………… 4
1.4 Form of ownership…………………………………………………………………………………………………………………………………………………………………… 4
1.5 Type of business………………………………………………………………………………………………………………………………………………………………………. 4
1.6 Products & Services………………………………………………………………………………………………………………………………………………………………….. 4
1.7 Justification of opportunity…………………………………………………………………………………………………........................................................ 4
1.8 Industry……………………………………………………………………………………………………………………………………………………………………………………. 4
1.9 Goals & Objectives……………………………………………………………………………………………………………………………………………………………………. 4
1.10 Entry & Growth………………………………………………………………………………………………………………………………………………………………….. 5

CHAPTER TWO……………………………………………………………………………………………………………………………………………………………………………….. 5
MARKET PLAN………………………………………………………………………………………………………………………………………………………………………………… 5
2.1 Customers………………………………………………………………………………………………………………………………………………………………………………… 5
2.2 Market share……………………………………………………………………………………………………………………………………………………………………………. 5
2.3 Competitions……………………………………………………………………………………………………………………………………………………………………………. 5
2.4 Methods of promotion & Advertisement…………………………………………………………………………………………………………………………………. 6
2.5 Pricing strategy…………………………………………………………………………………………………………………………………………………………………………. 6
2.6 Sale techniques………………………………………………………………………………………………………………………………………………………………………... 6

CHAPTER THREE……………………………………………………………………………………………………………………………………………………………………………… 6
ORGANISATION PLAN……………………………………………………………………………………………………………………………………………………………………… 6
3.1 Management team…………………………………………………………………………………………………………………………………………………………………… 6
3.2 Organization chart of personnel……………………………………………………………………………………………………………………………………………….. 7
3.3 Recruitment, Training, & Promotion…………………………………………………………………………………………………………………………………………. 7
3.4 Job Specification……………………………………………………………………………………………………………………………………………………………………….. 7
3.5 Job description………………………………………………………………………………………………………………………………………………………………………….. 7
3.6 Licences,Permits & by laws………………………………………………………………………………………………………………………………………………………... 8
3.7 Supportive services……………………………………………………………………………………………………………………………………………………………………. 8

CHAPTER FOUR…………………………………………………………………………………………………………………………. ……………………………………………………..8

OPERATIONAL PLAN…………………………………………………………………………………………………………………………………………………………………………..8
4.1 Operational equipment & machinery……………………………………………………………………………………………………………………………………………8
4.2 Production strategy……………………………………………………………………………………………………………………………………………………………………….9
4.3 Production process…………………………………………………………………………………………………………………………………………………………………………9

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4.4 Factors affecting production process……………………………………………………………………………………………………………………………………………9

4.5 The premises layout…………………………………………………………………………………………………………………………………………………………………….9

CHAPTER FIVE………………………………………………………………………………………………………………………………………………………………………………….10
FINANCIAL PLAN……………………………………………………………………………………………………………………………………………………………………………….10
5.1 Application for funds…………………………………………………………………………………………………………………………………………………………………..10
5.2 Pre operational costs…………………………………………………………………………………………………………………………………………………………………..10
5.3 Working capital requirements……………………………………………………………………………………………………………………………………………………..10
5.4 Proforma invoice statement………………………………………………………………………………………………………………………………………………………..10
5.5 Proforma balance sheet………………………………………………………………………………………………………………………………………………………………11
5.6 Proforma cash flow for yearly basis………………………………………………………………………………………………………………………………………………11
5.7 Desired financing………………………………………………………………………………………………………………………………………………………………………….12
5.8 Capitalization………………………………………………………………………………………………………………………………………………………………………………12

APPENDICES……………………………………………………………………………………………………………………………………………………………………………………….13
CONCLUSION………………………………………………………………………………………………………………………………………………………………………………………13

EXECUTIVE SUMMARY
1.1 Business description
The business which is orthopedic clinic will run as a sole proprietorship owned by Pascal Mugodo.It will be located along Kisumu-Kakamega
Highway near Keveye Girls High School. The clinic will occupy an area of an acre .The clinic will offer various services i.e. Management of
fractures, Management of Arthritis and Rehabilitation which will meet the customers’ expectations. The clinic will cater for all accident
emergencies nearby and along the area.
1.2 Market plan
The target market will be expected to be of any age. Be it children,Youth,Parents and also old people will be served equally. The business will
reach its customers through posters, Signboards and handbills and also through online advertisement. The clinic has two competitors that is
Godwin’s orthopedic clinic and Shenywe Orthopedic clinic.
1.3 Organization and management plan
The business will have highly organized workers who will be consisting if the manager and a team of twenty workers who will be divided
according to the various area or level of work. All these workers will be trained in order to achieve the margin targeted profit. There will be
team work cooperation and punctuality will be highly maintained by every member worker for the business to develop and excel.
1.4 Operation plan\ Protection
The clinic will purchase a number of mechanics, tools and equipment in its operation of which they will be advanced. In order to gain and
attract many customers the entrepreneur will be using same way for example discounts, quality, equality and offering incentives in case of any
risk the management will be bound to take care of it.
1.5 Financial plan
This will show the amount of capital required by the entrepreneur to start up the business. It is also going to give more details in how capital
is going to be spent before the business commences and after the commencing of the business. The plan also shows the profitability of the
business for the first two years. The business will get finances from
My savings : 300000
Loans :400000
Relatives :200000
CHAPTER ONE
1.1 Background of the owner
I am a Kenyan by birth, aged 27 years. I am not married at the moment. The purpose for the business is to help my parents , grandparents and
my children in future. In addition also to give back to the community by helping the needy.
1.2 Business name

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The name of the business will be Chaklala orthopedic clinic. This name is derived from my original homeland name Chavakali. I found this name
suitable for my business because is unique and recognizable to all and lasting value and importance.
1.3 Business location

CHAVAKALI KEVEYE GIRLS

HIGH SCHOOL
ORTHOPEDIC
CLINIC

KISUMU – KAKAMEGA HIGHWAY

SHENYWE GODWIN’S
ORHOPEDIC
ORTHOPEDIC
CLINIC
CLINIC

The location of the business will be along Kisumu- Kakamega highway.

Chavakali orthopedic clinic
Kakamega
Email: chavakaliorthopaedic@gmail.com
Website: www.chavakaliorthopaedicclinic.com.

1.4 Form of ownership

The business will be known as chavakali orthopedic clinic which will be a sole proprietorship that is owned by pascal. I have both skills
knowledge gained from KMTC Machakos campus. The reason for using this kind of ownership is because it is easier to start and develop and
manage. Also sole entrepreneurs make all decision alone and enjoy all the profit alone from his or her business which may encourage him\her
to work harder. Lastly there is secrecy in or about business.
1.5 Types of Business
The business is a starter not an ongoing business. The business will offer services like fracture management, Arthritis management,
Rehabilitation and also orthopedic pharmacy.
1.6 Products and services
Chavakali orthopedic clinic will offer products like orthopedic drugs, cast, splints and internal and external fixators in the pharmacy. The
establishment will provide high quality in order to satisfy its customers. It will also use incentive like bonus, discounts and many others to gain
and maintain customers.
1.7 Justification of opportunity
The version for chosen business is due to rise in demand of orthopedic services in the area. Actually in life people orthopedic services
especially the aged.
1.8 Industry
The busines belongs to the ministry of health in charge. The trade of this industry is growing a lot of labor and investment is required for its
development
1.9 Goals and Objectives
The goals and objectives of the business are :
a. Become a good leader
b. Become a head manager
c. Expand the business
1.9.1 Goals
The business wishes to maximize profits ,increase sales, gain move customers and maintain already existing customers. Be ahead of the
competitors by offering high quality services that satisfy its customers.

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1.10 Entry and Growth

Media platforms such as television radio and online platforms such as WhatsApp, Twitter, Facebook will be used to give location and help in
expanding business from Kisumu to Kakamega. This will help in a greater and high and high turnover of customers
1.10.1 Growth plan
Trends of busines growth would be signaled by a number of customers, rate of stock and demand for services and products. If the number of
customers increases there will be creation of job opportunities, expansion of business and increase of products. The business will also carry out
SWOT analysis in order to know the way forward in expansion.

CHAPTER TWO
Marketing plan
2.1 Customers
Customers are actual and potential buyers. The business area is densely populated. The important aspect is to satisfy customers expectations.
Potential customers for chavakali orthopedic clinic will be from the area itself, neighboring area and also people referred from other hospitals
who need orthopedic services .
2.1.1 Institutional customers
These include students from neighboring schools, both primary and secondary, college students and also Polytechnique, who needs
orthopedic attention after sustaining injury either during games.
2.1.2 Individuals customers
These group will form majority of the customers. These people may need orthopedic attention due to sustaining fractures, Arthritis or for just
consultation.
2.1.3 Visitors
These include people who will be visiting the clinic for the first time. Maybe they will be referred to the clinic for orthopedic consultation or
need the services.
2.2 Market share
After a research has been done within the area it has been observed that there are other forms of this nature of business. Sharing of the
market is expected.

GODWIN’S ORTHOPEDIC CLIC 40000 13.33%

SHENYWE ORTHOPEDIC CLINIC 120000 40%

CHAVAKALI ORTHOPEDIC 140000 46.67%

CLINIC

2.3 Competitions
The business will be competing with the already established orthopedic clinics. Surrounding the area there is stiff competition, Godwin’s and
Shenywe orthopedic clinics. For business is thrive the manager will ensure that there is high quality of products and services always so as to
satisfy the customers hence maintaining and attracting new customers.
Analysis of competitors
Godwin 13.33% - offer most services -poor quality services
- Have more customers -Less trained staff
- Well established - Some untrained staff

Shenywe 40% - High standard -poor hygiene

- A lot of customers - Poor customers relation
- Well equipped - Some untrained staff

Chavakali 46.612% - High standard -Less machine

-Good products
-Good quality

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-Trained staff

2.4 Methods of promotion and advertisement

Chavakali orthopedic clinic will capture customers as well as of those competitors through indoors and outdoors promotions. This will be
through offering services and informing customers within the area about the clinic high quality services and products . The clinic will also use
media for advertisements. The entrepreneur will have to put signboard indication the naming of the clinic to alert people it will be as follows
chavakali orthopedic clinic for orthopedic quality services and products.
At a fair and reasonable and friendly price.
Welcome to Chavakali Orthopedic clinic
2.5 Pricing strategy
Pricing of services and product will be done with consideration to material cost, labor cost and profit expected. Since high pricing may call off
the customers and low pricing may lead to loss as well. The pricing of the services and products will be determined by the total cost used.
2.6 Sales Tactics
The sales personnel\doctors will be paid on monthly basis. No credit services offered . Distribution of the staff will be accurate, punctual, keen
and polite always ready to motivate their skills and knowledge. Regular customers will be lowered compared to work in customers.
2.7 Distribution strategies
The distribution way will be used from the employer direct to the customers. The business intends to state and expand gradually.

CHAPTER THREE
ORGANISATION PLAN
3.1 Management team
Since the business have never been in operation before it will have employees with focused plan. The starting employees management will be
as follows;
General manager Supervisor

Head of Departments Clinicians

Pharmacist Others.

In absence of the manager the supervisor will be incharge. All the employees will require to produce a certificate from a recognized institution.
3.1.1 MANAGER
QUALIFICATIONS
 He should be qualified and have an experience of two years or three years
 Should have a degree or diploma certificate from a recognized institution
 Should present his or her recommendations from the previous employer.
DUTIES
 Formulating policies
 Setting objectives and goals
 Overall incharge of all personnel
3.1.2 SUPERVISOR
QUALIFICATIONS
 Should be Qualified and experience of two years
 Should have a degree or diploma certificate from a recognized institution
 Should be punctual and polite
DUTIES
 Incharge in absence of the manager
 Ensure all policies and duties are followed
 Ensure high quality of services offered to the customers
3.2 OTHER PERSONNEL
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Responsible for offering services to customers also answering customers during consoltation
Should maintain good relations with the customers and also offer high quality of services to customers during consoltations or management.
3.3 ORGANISATION CHART OF THE PERSONNEL
General manager

Supervisor

Head of department

Clinician/pharmacists

Procurement
3.4 RECRUITMENT,TRAINING AND PROMOTION
3.4.1 Recruitment
Before recruitment some document will be prepared in advance for successful results such as
3.4.1.1 Job Specifications
It should be defined as a detailed document of the physical and mental activities relevant to social and physical element factor. It is
always in form of ;
 Knowledge used to do a task
 Duties
3.4.1.2 Job description
Is a statement under appropriate job titles duties responsibilities and conditions involved in a particular job and quality for satisfying
performance?
3.4.2 TRAINING
The entrepreneur will be training the staff on the expected duties. Further training can be carried on to increase/improve the quality of
services offered.
3.4.3 PROMOTION
This is the process of workers being promoted to a higher positions or increasement of salary. This can be due to good performance in their
duties .Promotion will be done yearly and most active employees will be promoted.
3.5 REMUNERATION AND INCENTIVES
3.5.1 Remuneration In order to achieve the set goals employees will be entitled to payment on monthly basis.

RENUMERATION AND SALARIES PER MONTH

PERSONNEL NO REQUIRED SALARY PER TOTAL CTS

MONTH AMOUNT

Manager 1 55,000 55,000 00

Supervisor 1 45,000 45,000 00

Head of Department 2 35,000 35,000 00

Clinician 4 30,000 120,000 00

Pharmacist 1 25,000 25,000 00

Procurement 1 15,000 15,000 00

Security officer 1 10,000 10,000 00

Non-working staff 4 10000 40000 00

Total 15 345,000 00

3.5.2 INCENTIVES

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The following incentives can be offered to the employees in order to motivate and retain them;bonuses,commission,free meals, and many
others.

3.6 LICENCES,PERMITS AND BY LAWS

3.6.1 LICENCES
The business will enquire trading license from Vihiga County Government at a fee of ksh.10000 per month to legalize its operation.
3.6.2 BY LAWS
The business will need to comply with the by laws issued by Vihiga county government in order not to be closed down.
3.6.3 PERMITS
The business will obtain three permits from the Government agency.

3.7 SUPPORTIVE SERVICES

Like many other business the caterer will heavily depend on its support in order to thrive successfully.
3.7.1 BANK
Chavakali orthopedic clinic will operate on an account with Kenya Commercial Bank for depositing its cash and savings at Mbale branch.
3.7.2 INSURANCE SERVICES
The business will be insured by Sairam company which is located in Mbale.
3.7.3 AUDITING SERVICES
The establishment will be hiring to be doing book keeping work for future reference.
3.7.4 CONSULTING SERVICES
The business will hire an advocate company that will be giving the business advice about legal field. This will help the business to avoid ways
that can lead to its closure by the government.

CHAPTER FOUR
OPERATIONAL PLAN
This business will be located in Vihiga county at chavakali where most people meet occasionally while traveling to either Kakamega county or
Kisumu county.
4.1 OPERATIONAL EQUIPMENT AND MACHINERY

EQUIPMENTS QUANTITY COST PER UNIT TOTAL COST

REQUIRED

BUILDING 1 4,000,000
4.2 PRODUCTION STRATEGY
ORTHOPAEDIC BED 10 39,000 390,000
This consists of all services to be
ORTHOPAEDIC MATTRESS 10 35,000 350,000 offered and also the products e.g.
OSCILLATING MACHINE 1 25,000 25,000 drugs to be offer at the pharmacy.

PLASTER SHEAR 2 15,000 30,000

PLASTER SCISSORS 2 3,000 6,000

PLASTER SPREADER 2 14,000 28,000

EXAMINATION COACH 3 11,000 33,000

COMPUTER 4 11,500 46,000

PLASTER STOCK 300 200 60,000

FIBRE GLASS 60,000

CREP BANDAGE 330 60 19,800

ORTHO WOOL 300 80 24,000

DRUGS 70000

TOTAL 5,141,800
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MONTHLY RAW MATERIALS REQUIRED

NAME OF ITEM COST

PLASTER OF PARIS 60,000

FIBRE GLASS 40,000

CREP BANDAGE 19,800

ORTHO WOOL 20,000

DRUGS 70,000

TOTAL 209,800

4.3 PRODUCTION PROCESS

This will consists of the payment of all the staff and non-staff members and motivating them so that they can deliver high quality services to
the customers. Also ensuring that we acquire high quality drugs.

4.4 FACTORS AFFECTING PRODUCTION PROCESS

4.4.1 POLITICAL INSTABILITY
During times of politics there can be political instability due to elections and other political functions the business will go down since people
will fear moving out of their residential areas.
4.4.2 GOVERNMENT REGULATIONS
In order for the business to start and thrive several licenses and permits are needed which sometimes are costly.
4.4.3 LABOR TURNOVER
These may affect if the employees leave the job at any time and leave without permission and incase the staff don’t adhere to regulations and
policies of the business.

4.5 PREMISES LAYOUT

Supervisors office Clinician

Managers office
1

Head of Department
Clinician Clinician
office
2 3

Procurement
office Pharmacy

Reception

Toilets
Store

Ladies

Gents

CHAPTER FIVE
FINANCIAL PLANS
Financial plan will be important as it will help the entrepreneur of the business to plan for purchase and sale. The most important issue in this
chapter will be to acquire profit.
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5.1 APPLICATION OF FUNDS

The funds obtained from various places will be used to purchase machinery and equipment , drugs and other expenses. The entrepreneur will
ensure proper records are maintained for future references.
5.2 PRE-OPERATIONAL COST
This will be the cost incurred before the business commences Chavakali Orthopedic Clinic will incur the following

ITEM TOTAL COST

BUILDING 4,000,000

EQUIPMENTS 1,071,800

DRUGS 70,000

LICENCES 12,000

ELECTRICITY 10,000

INSURANCE 5,000

TOTAL 5,168,800

5.3 WORKING CAPITAL REQUIREMENT

ITEM 1ST YEAR 2ND YEAR 3RD YEAR

CASH AT HAND 200,000 250,000 350,000

CASH IN BANK 450,000 700,000 900,000

STOCK 250,000 300,000 350,000

TOTAL 900,000 1,250,000 1,600,000

5.4 PROFORMA INVOICE STATEMENT

Proforma Invoice statement of the projected income for the first three years of business operation.

ITEM END OF YEAR

1ST YEAR 2ND YEAR 3RD YEAR

SALES 200,000 4,680,000 6,350,000

COST OF PRODUCTION 500,000 2,550,000 2,800,000

EXPENCES

SALARY AND WAGES 345,000 345,000 345,000

WATER 35,000 40,000 45,000

TELEPHONE 15,000 13,000 10,000

ELECTRICITY 40,000 42,000 44,000

ADVERTISEMENT 12,000 10,000 8,000

MAINTENANCE 25,000 15,000 8,000

INSURENCE 15,000 15,000 15,000

TOTAL EXPENSE 487,000 480,000 475,000

NET PROFIT BEFORE 1,200,000 1,400,000 1,600,000

TAX

TAX PROVISION AT 100,000 100,000 100,000

10%

NET PROFIT AFTER 1,100,000 1,300,000 1,500,000

TAX

5.5 PROFORMA BALANCE SHEET

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ASSETS END OF THE YEAR

FIXED ASSETS 1ST YEAR 2ND YEAR 3RD YEAR

DRUGS 70,000 70,000 70,000

SALARY AND WAGES 345,000 345,000 345,000

TOTAL FIXED ASSETS 415,000 415,000 415,000

CURRENT ASSETS

CASH IN HAND 150,000 200,000 300,000

CASH IN BANK 400,000 550,000 650,000

STOCK OF RAW MATERIALS 163,800 163,800 163,800

TOTAL CURRENT ASSETS 713,800 913,800 1,113,800

TOTAL ASSETS 1,128,800 1,328,800 1,528,800

SHORT TERM LIABILITIES

CREDITORS 95,000 105,000

TOTAL 95,000 105,000

LONG TERM LIABILITIES

LOAN FROM BANK 500,000 450,000 400,000

OWNERS EQUITY 200,000 450,000 800,000

LOAN FROM FRIENDS 300,000 250,000 200,000

TOTAL 1,000,000 1,245,000 1,505,000

5.6 PROFORMA CASH FLOW FOR YEARLY BASIS

MONTH JAN FEB MARCH APRIL MAY JUNE JULY AUGUST SEP OCT NOV DEC

ITEM

Cash sales 350000 600000 800000 150000 200000 200000 250000 300000 2500000 2320000 3350000 3500000

Loans 300000

Owners cash 250000 230000 220200 230000 235000 237100 240200 350000 500000 510000 530000 650000

Total 900,00 830,000 1,020,20 380,000 435,000 437,100 490200 650000 3000000 2,830,00 3880000 4,150,000

0 0 0 0

Expenses

Transport 2000 2500 3000 3500 4000 4500 5000 5500 6000 6500 7000 75000

Electricity 2500 3000 3200 3400 3500 3550 3600 3650 3600 3650 3680 41000

Water 2000 2500 2600 2800 3000 3500 3600 38000 4000 4500 5000 5500

Telephone 1000 2500 2600 2800 2900 3000 3200 3400 3500 3700 3900 4000

Equipment 80000 1200 1300 1500

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Stock 14000 100000 120000 150000 160000 170000 180000 180000 200000 21000 230000 232000

Maintenance 140000 1600 17000 2000 3500 4000

Salaries 140000 142000 145000 147000 140000 150000 155000 157000 159000 160000 170000 172000

Rent 7000 8000 9000 10000 11000 12000 13000 14000 15000 17000 18000 172000

Advertiseme 600 800 900 1000 1200 1300 1400 15000 16000 17000 1800 1900

nt

Installation 1500 1550 1600 1750 1800 1900 1950 2000 2200 2500 2600 2800

License 4000

Permit 3000

Total 247400 266500 290900 343750 350750 491750 384350 413900 567000 580000 620000 700000

Cash flow 452600 783350 829100 138825 1884350 2245250 306565 3286100 2943300 3250000 3210100 3800000 265650

0 0

Balance b/d 452600 1235950 206505 3453300 5337650 758290 1064550 13934650 1687795 2012795 23338050

0 0 0

Balance c/d 452600 1235950 2065050 345330 5337650 7582900 106485 13934650 16877950 2012795 2333805 207138050

0 50 0 0

5.7 DESIRED FINANCING

This amount of money to start up a business.

ITEM TOTAL AMOUNT

PRE-OPERATION 4,268,000

WORKING CAPITAL 900,000

TOTAL 5,168,000

5.8 CAPITALIZATION.
These are sources that will be required for the startup of the business.

ITEM TOTAL AMOUNT

BANK 1,000,000

PERSONNAL SAVINGS 2,500,000

FAMILY CONTRIBUTION 1,800,000

TOTAL 5,300,000

APPENDICES
1.Working capital -Money in running business.
2.Gross profit-The excess of sales revenue over cost of goods sold.

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3.Balance sheet-It is the list of balance required arranged according to assets, capital or liabilities.
4.Breakeven point-Occurs when the total sales are equal to the cost total hence no profit are made at this point.
5.Cash flow-The amount of flowing in and out of the business in a given period.

CONCLUSION
I express my gratitude to My Almighty for the far he has taken me throughout writing this business plan .My dear parents,Teachers,My
Lecturer, My girlfriend and Friends. May God Grant his blessings upon them.

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