Group No 5 Business Plan

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. GROUP WORK_GROUP WORK
KAMPALA INTERNATIONAL UNIVERSITY TANZANIA

GROUP NO 5

GROUP MEMBERS :-

JORDAN SUBI KIBOKO

DANIEL ITUJA

PENDO MOLLEL

YESSE URIO

LOREEN

JULIANA

GASPER MSAFIRI

MASAIDI

MUFIDA

SAUDA

SWAUMU

NICOLAUS

COURSE PROGRAM:ORDINARY DIPLOMA IIN MEDICAL LABORATORY

MODULE NAME:ENTREPRENEURSHIP

TUITOR NAME:MADAM CONSOLATA LINUS

PROJECT:BUSINESS PLAN

NAME OF WORK:STAY FOREVER CLASSIC BOUTIQUE

SUBMISSION DATE:03/11/223

P.O.BOX NO:6365 Bukoba - kagera

CONTACT:0762398730

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STAY FOREVER CLASSIC BOUTIQUE.
Best in town, we are the best outfitters of this century!
P.O.BOX 6365,
BUKOBA-KAGERA
0762398730

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. TABLE OF CONTENTS

❖ Executive Summary……………………………………………………………………………. 5

a) Mission………………………………………………………………………………………………
…………….…………….………..…5
b) Goals………………………………………………………………………………………………
…………………………….…………....5
c) Products……………………………………………………………………………………………
………………………………….…....5

❖ Description of business ……………………………………………………………………….6

a) Company
history………………………………………………………………………………………………
…………………………6
b) Mission
statement……………………………………………………………………………………………
…………………………6
c) Legal
status………………………………………………………………………………………………
……………………..………....6
d) Vision………………………………………………………………………………………………
………………………………………….7

❖ Business management plan……………………………………………………………..….7

a) Business
actor…………………………………………………………………………………………………
…………………..……..7
b) Division of
labor.………………………………………………………………………………………………
…………………………7
c) Division of
shift.…………………………………………………………………………..……………………
……………………..…8

❖ Financial plan……………………………………………………….……………………………9

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a) Start-up
expenses.……………………………………………………………………………………………
….……………………9
b) Fixed
assets.………………………………………………………………………………………………
………………………….……9
c) Start-
up………………………………………………………………………..…………………………
………………………………..10

 Sources of raising
fund.……………………………………..………………………………………………………..1
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a) Manager. ………………………………………………………………………………
………………………………11
b) Shareholder.
c) Loans
support. ………………………………………………………………….……………
……………………..11

 Major
assumptions.……………………………………………………………………………………
…………………..12

References........................ ………………………………............................................................................
....13

STAY FOREVER CLASSIC BOUTIQUE.


Best in town, we are the best outfitters of this century!
P.O.BOX 6365,
BUKOBA-KAGERA
0762398730

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01.EXECUTIVE SUMMARY.
STAY FOREVER CLASSIC BOUTIQUE is a well-made and
fashionable boutique that will ever appear in town.
The boutique will sell high quality products from all over the
globe. They will include;
A.MISSION.

The mission of this boutique is to become the most attractive


boutique in town. Also the boutique aims at solving problems of
delivering goods from overseas. All customers all warmly
welcome to our amazing boutique!.
B.GOALS.

The main goal of the boutique is to maintain a stable market and


provide the Bukoba dwellers with good delivery of services.
Also another goal of the company is to expand its business to
other regions rather than Bukoba.
C. PRODUCTS.
The products that will be provided by the company are as
follows;

a) Design and modeling.


b) Barber shop.
c) Make-up design.
d) Men’s wear.
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e) Women’s wear.
f) Children’s wear and toys.

2.BUSINESS DESCRIPTION.
A.COMPANY HISTORY

 My boutique have been the greatest facility which provide


the best services of all time, and by that reason I have been
receiving as much customers as possible which sometimes
lack my services do to their high population. For that reason
I have developed a new and larger boutique so as to fit all
my customers’ needs and demands
B.MISSION STATEMENT

 My boutique will always ensure to maintain the highest


standard provision of services to customers.

C.LEGAL STATUS AND OWNERSHIP;

 I JEYVER shall stand as the owner of the business and


therefore, I’ll ensure the proper registration and licensing of
the business.

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D. VISION STATEMENT.

 I wish that my boutique becomes one of the largest in


Tanzania and East Africa in general with the reason of
providing quality goods and services to customers.

 BUSINESS NAME; STAY FOREVER CLASSIC BOUTIQUE.

 LOCATION; BUKOBA –KAGERA.

 ADDRESS: P.O BOX 6365, PHONE NO; 0762398730

 BUSINESS ACTIVITY; BOUTIQUE AND DOMESTIC APPLIANCES.

3. BUSINESS MANAGEMENT PLAN.


The will comprise of workers who are able to meet the needs of
customers, accountants who will be associated in financial
activities, cleaners who will regulate the daily cleanliness of the
hotel.
The business will be run for 24-hours , therefore there will be
working shifts, morning, afternoon, evening, and night shifts for
all workers.

A.BUSINESS ACTOR.
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I Jeyver will stand as the business actor of my company.

B).DIVISION OF LABOUR
The business is conducted with I involved as manager and
together with three helpers, one secretary, one accountant , three
general cleaners and two security guards.

C).DIVISION OF SHIFT
All workers will work in shift since the business is to be
conducted 18 hours daily, therefore there will be morning shift,
after-noon shift, evening shift and night shift. All workers of the
company and all the employees are paid per month.

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4. FINANCIAL PLAN.
The financial plan for the business is as follows;

 Expenses.
i) Legal fee; 500,00/=
ii) Running cash ; 800,000/=
iii) Worker’s salary in three months;-
a) Accountant- @ 800,000 x3= 2,40,000/=
b) Three helpers- @ (500,000 x3) x3= 4,500,000/=
c) Security @ (500,000 x3) x3= 4,500,000/=
d) Cleaners @ (400,00 x3) x3= 3,600,000/=

 Fixed assets.
a) The company has two buildings that are used as store and
main shop respectively.
b) The company has also cupboards and drawers for the
storage of products.

 Startup
The establishment of the business of the company may include
the payment of water supply which is 67,000 per triple month ,
electric supply which is 89,500 for three months also and for the
cleaners about 50,000 is required, making this a total of 206,500
as per startup.

 Working capital

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After the first establishment of the company, the working capital
of the business is divided as follows raw materials about
5450,900/= , transportation of products 657,000 making a total of
2,107,900.
Therefore the whole business requires a total of 2,107,900 for
business to run to action. Key to the financial success of Magreth
is continued annual growth. While there are times of the year,
especially holidays, where sales are expected to rise.

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5.SOURCES OF FUNDS

a) The manager, Jeyver– 8,000,000/=


I the manager will fund the organization with an amount
of 8,000,000/= shillings that will help on startup and
running the company.
b) Share holder 5,000,000/=
The shareholder Happiness will contribute an amount of
5,000,000/=.
c) Loan from CRDB BANK – 6,000,00/=.
Also the bank will provide us a loan of 6,000,000/= since
the money we have will not be enough

TOTAL AMOUNT; 19,000,000/=

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6. MAJOR ASSUMPTION

 I shall ensure the quality production of goods and services


to all over the customers
 I shall provide not only quality goods but also provide
education and assistance on modeling and design.
 I shall offer soft drinks.

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7. REFERENCES

1. https://www.edu.com

2. https://www.bplans.com
3. https://www.referenceforbusiness.com

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