Professional Documents
Culture Documents
Sakwa Farm
Sakwa Farm
Business Plan
SAKWA POULTRY FARM
˄
2545 BUNGOMA TOWN,
SAKWA POULTRY FARM
PO BOX1956
BUNGOMA.
75623 258-20100
Email:SAKWAFARM@gmail.com
October 30 2023
Table of contents.
1. Executive summary.
2. Company summary.
5. Business participants.
7. Sales forecast.
8. Management summary.
9. Financial plan.
Acknowledgement
All praise to Allah, the almighty and the merciful. Without his blessing and endorsement this
planning would not have been accomplished. We are using this opportunity to express our
gratitude to everyone who supported us throughout the course We are thankful for their aspiring
guidance and friendly advice during the project work. Special thanks to our course instructor. We
express our warm thanks to you, friends and all group members. Thank you.
Business name.
The business will take a unique name , Sakwa poultry farm , and is therefore anyone can find
us in all our platforms with the name herein.
EXECUTIVE SUMMARY.
Sakwa poultry farm is a new business that will be located in Bungoma Town, Bungoma county,
S, the specialty products and production costs involved, the design fee on top of it, plus taxes and
shipping/ handling cost. The farm is owned and managed by Mrs.Felyster, a Senior agricultural
officer at Kenya farmers Association Bungoma branch. The manager has over 30 year experience
in the field of farming. We opened our first farm in 2013 in Kericho under the name Meric farm
and our second in Nyeri in 2017. Although praised for the quality of many of the stationery, we
have attained a special notoriety in the market industry. After years of requests for our services, we
have decided to pursue marketing these products here at Bungoma town to compliment our
customers demands supply. We intend to have the products available in six other towns, including
Kisumu, Eldoret, Nakuru, Kakamega and Machakos. Special attention has been given to
developing an attractive label that will stress the industry. Distribution of our services will begin
in the local area since we have established name and reputation in this area,
and product introduction should encounter little resistance. Financial analysis show that the
bookshop will have both a positive impact on our services .The expected return on equity in
the first year is 10.88% we will also employ competent, skilled and talented graduates from
Nakuru in running and growing the business.
1.1 Objectives
Sakwa farm is a growth-oriented business. Its five year goal is to become a regional leader in
farm products world with shops in Bungoma town and its sub-counties. The objectives over the
next four years for Sakwa farm are the follows:
Achieve steady growth in sales and marketing by the end of four years.
Achieve local market share in meeting demands and supplies for all our customers.
1.2 Vision.
Our vision is to inspire, engage, and delight our customers with a carefully curated select on of
poultry products, fostering a community of passionate meals to our neighborhood and be the
world's leading online retailer in farm inputs and investment, where customers can find
anything they want to buy online by visiting one site.
1.3 Mission.
At sakwa farm, we will be dedicated to providing a haven for book lovers, where the world of
foods comes to life, to provide our customers with the most convenient shopping experience
where they can find the widest selection of farm products and brands at the most competitive
prices.
Company summary
2.1 Startup Summary.
The data obtained for the start-up table comes from research done in the Bungoma town with
other poultry farms who have started their own business, also we have done it in relation to our
previous experience within the market where inflation has been taken into account between the
estimates of these comrade business owner on the basis when they started and the current prices
for items. Much of the equipment to go into the facilities such as rent, salaries and stock
purchase.
Personal Savings: Our initial kick start capital is our own savings towards the commitment of
our business.
Loans: Another source of our funds is bank loans, we will liaise with bank for a small scale
business unit at friendly repayable installment.
Other sources will come from venture capitalists, crowd funding from platforms like Kick
starter grants and Contests, Family and Friends, government agencies that support small
businesses or literacy initiatives.
We will also minimize costs and self-finance as much as possible in the early stages of our
business. This involves operating from a smaller space, buying used building materials, or
starting with a limited inventory. Strategic Partnerships: Consider forming partnerships with
local famers associations, farms, or other businesses to share resources or funding.
Our primary target audience includes avid readers, students, and families in the local community
depending on their age, interest, taste and psychographic preference.
Schools 1000
Locals 5000
We differentiate ourselves through our personalized customer service, unique book selection,
and a welcoming environment for book enthusiasts. Product and Services: Extensive product
Selection: We stock a wide variety of farm outputs, with a focus on quality and diversity.
Products: , relax, and explore new products. Cafe: Serving high
-quality coffee, pastries, and light meals. We also offer free transportation of products to our
customers destinations.
Location.
Sakwa poultry farm is a charming independent farm located in Bungoma adjacent to tuuti
street, opposite unique super market. We offer a diverse range of products, from eggs to
poultry meat, along with a cozy meals, author events, and a cafe serving artisanal coffee and
snacks. The place is fully developed infrastructure which does not hinder with the operations
of the business thus does not hinder transportation.
Our marketing platform is Social Media Engagement, Active presence on platforms like
Facebook, Instagram and Twitter. Local Partnerships: Collaborate with hotels, restaurants, and
local businesses for promotions and events. Loyalty Programs.
3.5 Financial Project ons summary.
The data for startup cost is estimated to be ksh 2,800,000.This comes from the research done in
Bungoma town from already existing farms and previous Mrs. felyster experience in the
market. Starting capital will gather for rent, initial inventory, and furnishings. Monthly
Expenses: (rent, utilities, staff, etc.
Insurance ksh200,000.00
600,085.00 Assumptions:
1. Net sales to be sold based on price of ksh 290.29 per unit, 24,000 units to be sold in each
sub county 300,000 units per month 36,000 units to be sold in webuye, 30,000 units units to be
sold in mugirango, 90,000 units to be sold to kimilili, Sales estimates to be 5% market share
for prepared whipped topping in each market.
2 Cost of goods to be sold includes eggs, manure, feathers, meat and all meat products.
3 No salary will be drawn by the owners/managers in the first year. All profits will be re-
invested for new market entry and increased production.
Projections indicate steady growth, with the first-year revenue estimated at ksh
10,000,000.Team:Owner/Manager: Mrs. Felyster Staff: Experienced and passionate
individuals.
December 2024
Miscellaneous. Ksh
,111,500.00
135,686.00 Assumptions:
1.Net sales to be based on price of 290.29 per unit,26,400 units to be sold in each sub county
per month,802,200 units per units per year in each sub county.
We will determine the types and quantities of stationery we'll require, such as feedss, incubators,
markers, sticky notes, envelopes, and other supplies from wonder feeds company located in
Nairobi Kenya. Some will be wholesale suppliers, where we will look for wholesale stationery
suppliers, both locally and online. These suppliers should offer bulk discounts, which can save
us money. Also the local suppliers, will get a cake of our presence, we will Visit local stationery
wholesalers, office supply stores and distributors and establish relationships with them to
negotiate better deals and access a variety of products.
We will major in online suppliers so as to explore online platforms like KFC, Amazon Business,
or specialized B2B websites. This will allow us compare prices, shipping options, and minimum
order quantities. Our farm will dwell in trade shows also, by attending poultry trade shows and
expos to meet suppliers in person, discover new products, and negotiate deals. These events can
also provide networking opportunities for us. We will employ Quality control personal so as to
ensure the stationery we source is of good quality. Ask for samples before
making large orders to check for durability and customer appeal. Pricing and negotiation will
also be our factor .we will negotiate prices and payment terms with suppliers. Male bulk
purchases to allow better terms. We will consider payment options, like net terms or credit
accounts. Our farm will hire Inventory management so as to implement effective inventory
management to minimize excess stock and avoid shortages. We will use inventory software to
track products and re-order when needed. Also the Shipping and logistics, we will pan how the
stationery will be transported to our bookstore in time, we will consider shipping costs, delivery
times, and customs when sourcing from international suppliers. There will be store displays
whereby we will organize the stationery in an appealing manner within our bookstore to attract
customers. Use attractive displays and signs.
We will market and promote our bookstore's stationery offerings through advertising, social
media, and in-store promotions to attract more customers, and lastly ,we will consider customer
feedback by listening to customer feedback and adjust our stationery selection based on
demand and preferences.
Products:
1. Eggs
2. Manure
3. feathers
4. Meat products
4.1 Services:
1. Eggs delivery
2. Meals
9. Online Sales.
These products and services we will all together combine to create a diverse and engaging
environment for our book lovers and readers and improving our services delivery to our
esteemed customers.
Since our farm is online Presence, we will review the farm’s website and online
shopping experience so as to evaluate the efficiency of online order processing and delivery , for
events and community engagement, we will examine the frequency and quality of events
such as agricultural shows, farm magazines, or workshops for them to assess the farm’s
involvement in the local community, including partnerships and sponsorships. For the inventory
Management, we will analyze the inventory turnover rate and stock availability so as to assess
the handling of special orders for out-of-stock items.
We will evaluate marketing and Promotions effectiveness of advertising, social media presence,
and email campaigns so as to determine how well the store markets new releases and upcoming
events. Above all this, customer feedback reviews, feedback, and surveys will be considered
both positive and negative comments and identify the solutions. We will do research and
compare services offered by competitors in the same market so as to identify areas where the
store can differentiate itself or improve. The use of technology, such as digital catalogs or e-
commerce platforms will allow our clients assess how the store leverages technology to enhance
the customer experience.
Lastly, we will determine if the store will follow sustainable practices and support the social or
environmental causes so that our service analysis can identify strengths and weaknesses, to
improve customer satisfaction, and stay competitive in the market.
Here's an overview of both aspects of patterns we will major in our bookstore services delivery.
Our farm will often independently compete with other independent farms in the local area. Our
store will have unique selections and personalized service to counter effects our services. For
larger chain farms in the area, though they might be Giants competitors, we will offer a wide
range of farm products, competitive pricing, and a strong online presence. We will create an
online e-commerce collaboration with giants like Kenya poultry farmers association and major
poultry farmers retailers that are significant competitors, so as to offer convenience and a vast
selection of farm products. Also our bookstore will engage with Public and private farms to be
seen as indirect competitors, as they provide free access to raw products and end products. We
will collaborate with tunes farm that have specialty poultry farming focusing on specific
products so as not to compete for customers interested in the area. We will provide our products
at low prices because it can be for budget-conscious customers.
Our farm will engage in various range of buying patterns, For instance, many customers prefer
the takeaway experience of eating at our in farm hotel. They may visit our farm to explore and learn
about how we carry our day to day businesses. We will also tap the online Shopping,
whereby it's the new growing trend in the modern world, good number of customers will buy
products online due to convenience, competitive pricing, and access to a broader range of
products at their comfortable area without coming to the farm. The farm's online platform will
cater for people with disabilities and all other customers to cut the cost of travels. our farm will
engage in Loyalty Programs where customers may be influenced by loyalty programs, discounts,
and membership benefits, which will encourage repeat business and customer retention for a
long time .We will also tap on seasonal trends, like buying patterns that can be influenced by
seasonal factors, such as holiday shopping, back-to-school periods, or special promotions. Our
bookstore will engage in recommendations and reviews whereby customers often rely on staff
recommendations, book reviews, and peer suggestions to make purchase decisions. Lastly, we
will have special Orders where some customers might request special orders for books not in
stock, which the store should accommodate promptly. For the events and Promotions, our
bookstore events, like farmers association and showcasing or farmers club meetings, this will
drive buying patterns, as customers may purchase books related to these events. We will do, Gift
Purchase where our bookstores can attract customers looking for gifts. A well-curated selection
of gift items and the option to gift-wrap books can influence buying patterns. Because we are
living in a digital world, we will incorporate digital Sales where we may need to adapt to digital
sales trends, such as e-books and audiobooks, to cater to a wider audience. All this patterns will
lead to impulse Purchases in our bookstore and will encourage customers to make unplanned,
impulse purchases. We will be looking forward to understand the competition and buying
patterns in a more crucial angle so as to tailor in offerings and marketing strategies and meet
customer preferences, and remain competitive in a changing retail landscape.
4.4.1 Management Team farm managers. The management department will be headed by Mrs.
Felyster and other leaders responsible for day-to-day operations, staff management, and
decision-making.
4.4.2 Farm product sells personnel. Frontline staff that will be led by Nyangau Denis mosoti
,responsible for assisting customers, providing recommendations, and managing the farm’s
inventory.
4.4.3 Customers services provision personnel. The lifeblood of the business will be lead my
Veronica Moraa who will engage in purchase of stationery and other products. She has better
understanding in customer preferences and needs vitality.
4.4.4 Supply personnel. Shipping and delivery service will be led by Gladys kipsang, she will
provide products, stationery, and other products to the store. This includes , distributors, and
wholesalers information handling.
4.4.5 Packaging and labeling. We will engage companies responsible for packaging, labelling
and distributing products, companies like Statpack industries limited and dune packaging so
as to build good relationships with companies crucial impact for inventory procurement.
4.4.6 Wholesalers and Distributors. Our bookstore will feature the intermediaries who supply
books and stationery to the bookstore in bulk quantities. They play a key role in sourcing
inventory.
4.4.7 Hotels and restaurants. Hotel and restaurants customers who may purchase products in
bulk for their customers or further production will be featured, Jumia Nakuru, KFC Nakuru
are our potential big customers whom we will are looking forward to partner with them for
prosperity of our farm business.
4.4.8 Competitors . We will be working very closely with other farm and retailers that offer
similar products and services , bookstore like Nthiwa farm and Nic’s farm, this is to influence
the pricing, product selection, and marketing strategies with community.
4.3.0 Local Community. We will be featuring to engage with the local community through events,
events like holidays, ceremonies, academic days partnerships, and sponsorships so as to enhance
the store's visibility and customer base.
4.4.1 Online Retailers Our farm will engage with big online food ordering websites and online
farm products retailers so as to compete for the same customer base in the space world. Our
farm will often need to have an online presence to remain competitive.
4.4.2 Government and Regulatory Bodies. Authorities like county government of Nakuru,
KEPOFA, will be our partners that will oversee regulations, taxes, and compliance related to the
poultry business.
4.4.3 Financial Institutions. Kcb bank our lender will remain our great institutional platform
will be providing financing, loans, or credit to the bookstore for operating capital, expansion, or
improvements.
4.4.5 Poultry farming experts. We will liaise with experts to give reviews on our farm and our
products for efficiency and customer satisfaction.
4.4.6 Legal and Accounting Services. This includes all professionals, led by Dr Nyakundi a
senior lecturer at kisii teaching entrepreneurship and education who provide legal advice, and
handling contracts, manages the financial aspects of the business. He will be our great father of
the business since he understand basic managing effective operation, growth, and success of a
bookstore.
Working with this partners, we will be building strong relationships and partnerships within
this ecosystem and this will be a key to maintaining a thriving farm business.
For our Customer Segmentation, we will identify and target various customer segments,
including students, professionals, artists, and corporate clients, tailoring products and
marketing to each group. Our bookstore will engage in online and Offline Presences to
establish a strong online presence through e-commerce platforms and a user-friendly website.
Simultaneously, this will maintain a physical farm for in-person shopping experiences so as to
ensure that all end products meet high quality standards, offering well-known and trusted
brands while possibly introducing private label items. our implementation strategy will be
competitive and flexible pricing, including discounts for bulk purchases, loyalty programs, and
special promotions during peak seasons so as to Prioritize exceptional customer service,
knowledgeable staff, and an engage in-store ambiance that encourages customers to spend time
browsing. To be able to maintain our sustainability, we will offer eco-friendly and sustainable
stationery options to appeal to environmentally conscious customers. To attain this goals, we
will utilize digital marketing, social media, email campaigns, and content marketing to reach a
wider audience. Invest in search engine optimization (SEO) to improve online visibility.
By doing so, we will cultivate strong relationships with suppliers, both local and international,
to maintain a consistent supply of high-quality stationery products. Our management will create
a user-friendly e-commerce website with secure payment options and implement a robust online
order fulfillment system that is designed to appealing and organized in-store layout so as to
implement visual merchandising, and provide well-trained staff for customer assistance. We will
also implement quality control procedures to inspect incoming products, maintain quality
standards, and handle product returns or exchanges and develop a pricing strategy and plan for
seasonal promotions and special events. Sakwa farm will train staff to provide excellent
customer service, including product knowledge, handling inquiries, and addressing customer
concerns so as to execute targeted marketing's campaigns across various channels, including
social media, email marketing, and paid advertising. This will Source and promote eco- friendly
stationery options and showcase these products prominently in-store and online. Our customer
care will Collect customer feedback to continuously to improve products and services,
addressing any issues or opportunities for enhancement. Mrs. Felyster will establish a
robust financial management system, monitor cash flow, and track key financial performance
indicators so as to consider potential expansion to new locations or diversifying into related
markets like custom printing or art supplies, as the business grows. By doing so, we will develop
a clear strategy and effectively implement the stationery business to work toward its goals of
offering quality products, appealing to a broad customer base, and achieving long-term success
in the market.
4.6.1 Management Team. Mrs. Felyster will be the team leader manager for sakwa farm, He
will provide the vision and strategic direction for the farm, responsible for decision-making,
financial oversight, and business development.
4.6.2 Store Manager. Mr Kirwa alphile will be in charge of day-to-day operations, including
inventory management, staff supervision, and customer relations. Ensures the store runs
smoothly and efficiently. He will ensure the physical store layout to overseeing staff
scheduling and training.
4.6.3 Marketing and Sales Manager. Mrs Kwamboka will oversee the marketing campaigns,
social media engagement, and promotions. She will work to attract and retain customers and increase
sakwa farm sales.
4.6.4 Inventory and Procurement Manager. Mr. Mosoti will be in charge of the acquisition
of farm products and related products, including ordering, pricing, and inventory control. He is
the one to develop relationships with publishers and suppliers by maintaining a diverse and
appealing book selection, negotiating with suppliers, and managing inventory levels.
4.6.5 Customer Service Manager. Mrs. Gladys will ensure the excellent customer service, she
will handle the inquiries, resolves issues, and trains staff in customer-focused approaches sine
he has experience for twenty years in the field. She will focus on providing an exceptional
customer experience, handling inquiries, and addressing any customer concerns or feedback..
4.6.6 Financial Manager. Mr. Nzioka musweti will handle financial management,
accounting, budgeting, and financial planning. He will be monitoring cash flow and
profitability of sakwa farm and manages financial resources.
4.6.7 Online Sales and E commerce Manager. Mohamed Aliahamud will b in charge of the
online presence, including the bookstore's website, e-commerce platform, and digital marketing
efforts. He will handle the digital presence of the bookstore, ensuring a user-friendly website,
efficient online order processing, and digital marketing efforts.
This management ecosystem team will collaborate to achieve the farm’s goals, ensuring it remains
competitive, profitable, and well-regarded in the local community.
The business will be a purely computer oriented type. Technology will be the co objective of
the business. This includes products and services such as: e- library designs, Sakwa farm
website , graphics production and sound and video farm lessons. The status of the business is at
start up level, and will start to operate in January 2024.The major reason as to why we would
like to start the operations of the business in January 2024, is to ensure that between now and
then, all other arrangements which includes raw materials, capital and the venue of the business
are readily prepared.
Assets. Ks400,000
Earnings Ksh825,406
Proposed Pro forma income statement for our first financial year.
Year 1
Sales Ksh1,304,071
Payroll Ksh1,881,000
Rent Ksh600,000
Utilities Ksh360,600
Insurance Ksh720,000
Other Ksh150,000
Ksh1,200,044 Interest
expenses Ksh530,750
Taxes Ksh346,888
Net profit/sales
4.43% Conclusion:
Sakwa farm aims to become the go-to destination for poultry products lovers in [City Name]. With a
dedication to quality, a commitment to the community, and a passion for books, we are poised
for success and growth in the book retail industry .Please note that this is a simplified example,
and a complete business plan summary would provide more specific details and financial
projections based on market research and analysis.
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