February 2015 — Okobi

Lokang Jackson March 5, 2015

Business Plan Prepared: 14/05/2014

Business name:

Can dak ming/Chan ba mer ki bolo/Dwar mingo am fuo Business structure: Family
Business location: Home, backyard, county
Date established: 14/05/2014

Business owner(s): Family
Products: I will have to choose from one for the following list

• Poultry
• Big Farming • Fishing
• zoo

The Market

Target market:

I will sell my product to the following market that is available in my Sub-county, District, Region, country.

1. hotel
2. lodges
3. people of all kinds
4. Other new beginners of same kind in my later years. 5. schools

6. tourists

Marketing strategy:

In my first and second years of business, I should be able to

  1. meet my potential customers face to face.
  2. have personal transport
  3. have customer Portfolio

The Future Vision statement:

Our vision serves as the framework for our Road map and guides every aspect of our business by describing what we need to accomplish in order to continue achieving sustainable, quality growth.

  • People: Be a great place to work where people are inspired to be the best they can be.
  • Portfolio: Bring to the world a portfolio of quality brands that anticipate and satisfy people's desires and needs.
  • Partners: Nurture a winning network of customers and suppliers, together we create mutual, enduring value.
  • Planet: Be a responsible citizen that makes a difference by helping build and support sustainable communities.
  • Profit: Maximise long-term return to share owners while being mindful of our overall responsibilities.

• Productivity: Be a highly effective, lean and fast-moving business.

Goals/objectives:

Short term
1. Set up my business
2. earn cash
3. have constant supply of products
4. afford basic needs e.g. food, water, electricity 5. have enough help

Long term
1. employ next generation of people in my country
2. build my own house
3. buy my own car/motor bike
4. expand both inside and outside the country
5. Have a personal factory
6. build my own hotel
7. supply animals the other countries
8. become the first millionaire(in terms of Dollars) in my own district and richest in the

country
9. build accommodation for tourist and people visiting from far place
10.have an office so that animals names are printed for student to see before seeing

animals
11.construct roads

The Market

Market targets

1. Outline your planned sales targets.
2. In the first year I intend to keep all my product(Chicken and pigs) 3. In the one year and half I will start selling 5 of the new products

4. sale will increase by 5 after every 3 months after my second year in business.

  1. Your customers
  2. Customer demographics
  3. My business will operate to all ages within Country or region, but will extend outside in the later time.

The Future

Vision statement

• My version for the business is to build it to a company size in the future • Employ much more people

  1. marry
  2. have children
  3. extends in to different sectors e.g energy, mining, transportation, education etc in the future.
  4. pay for my children school fees


Mission statement

[What is your business' mission statement? I.e. how will you achieve your vision?]

Assumptions

  • It will not be easy to get a loan except I start small and work harder on the business for quick turn out.
  • The banks are going to charge me interest, that means if I do not double my effort so I pay

them off quickly, then I will only work for them.
• My health might change, that means making friends with new family early in the business.

Start-up costs
Since I have no finance, I will lay my hope on my local leader to help me sign or write me letter of trust so I can get loan from the Bank. My local leaders knows me because they are here with me. When I have all document ready I will take a loan of:
USD 200/KES 17,00/UGX 502,000/ETB 3,903/

Profit forecast loss forecast.

Because this is a start business I will need some basic tools to operate hence, gaining lost before I start. I will need the following tools

1. paying back loan 2. Bike for transport

Cash flow

  • Poultry: You can quote your price according to your will. I don't really need. • Buy about 18 hen and 2 crows
    • Building small house for the chicken
    • Chicken feed
  • Pig Farming
    • Buy about 3 pigs(one boars, two sows) • Build a pen
    • Feed • Fishing
    • Build own boat • Buy net
    • Necessities

SOURCES OF INCOME

2. Borrow from member of family
3.Borrow from any business person
4.Borrow from family members
5.Borrow from Lokang Jackson #PissOff
6. Ask someone with a business to expand his/her business in the area you want to operate.