EXECUTIVE SUMMARY
In Surveying the production of pure water business in
my area of (Name of Local Government Area here) of (Name of State Here) with the name
Drink Clean Pure Water Limited (The name is a sample) at (address
here) with Five (5) warehouses, phone number: (Phone Number Here), own
by (NAME
HERE). This product drink Clean Pure water limited is a company that
was organized by (NAME HERE) and family, it is a small scale business; the
product is highly Hygienic in nature well packaged and store. The amount needed
in financing this business is 5828,220 for the better establishment of the
business. This product was issued by the co-operate affair Commission on the (Date
Here), due to the area where this business was sited we where facing
some challenges such as bad road for the transportation of the product to some
area. We chose this pure water business because it will be the best product
ever in the state.
Sample Name for Business Venture: Drink Clean
Pure Water Limited
BUSINESS DESCRIPTION
Surveying
the pure water business in my area of (State here), our company which is
located at (Address Here) in (Name
of Local Government Area Here) is a well sited new building of 5 ware
house which is in best location for our business. We chose this area because,
as a pure water business it needs well clean and drinkable water and getting
water from the soil was very easy in that area. The business also needed human skill
and machinery to operate because it is a small scale business and the equipment
needed in this operation are sealing machine, Hygienically machine GEEPEE tank,
table, chair, sealing bags, filling machine computer was purchased for the
documentation of sells. In doing all this we found out that pure water in my
area is needed so much because of the scarcity of water.
BUSINESS ENVIRONMENT ANALYSIS
The
demand of water in my area was so high that the existing one (Aqua Rapha) is
very costly that people in my area are complaining of it, which made some
people who can not afford to buy the water (Aqua Rapha) N 100 per bag to start
drinking from the river which is not hygienic, So we decided to establish this
business production called Drink Clean water limited.
MARKET ANALYSIS
In
analyzing our product, the consultation of cooperate Affair commission (C A C)
Approval was considered to find out if there is any company bearing the name of
our company (Drink Clean Limited). And for constant production of this product,
we purchased power pliant for constant light for easy and constant production.
MARKET PLAN
Marketing
our product to get our people’s interest and services, we tried very hard in advertising the product
through mass media, Television show, new paper, so that people we hear and see
the product in stock . In so doing, this cost us up to N1500 every day to make sure the product is being announced
regularly, and the price of the product
was also advertised which is N70
instead of N100. So that people will be
interest in purchasing our product. And the estimate for the advertising cost.
Advert
in news paper ___ N10,500
Advert
in T.V ___ N
2,500
Advert
in Radio ___ N 5000
Total N 45000
OPERATION PLAN
Due
to the small scale our business is, we also consider the area where this
business is being operated, we hired some people that we are paying every end of the month from
the village for each area of the service
such as sale department, distribution department and those that will be
packaging and sealing the product and this people are paid N10,000 per month.
MANAGEMENT AND ORGANIZATION
This
business (pure water) is own by my family and managed by some personnel so that
the business will be moving faster. Where my (MR. A) is the main owner and being cooperated by son‘s and
daughter, where we have members of the board Mr. B. The shareholder at (Address
Here), Mr. C. Director General at (Address Here), Mr. D sales manager (Address
Here), he has had selling & management experience at (Address
Here) deal on furniture. Mr. E production manager, he holds a diploma
in water cooperative Abuja. Finance manager Mr. F Diploma in accounting with
several year experiences.
FINANCIAL PLAN
Mr.
F the financial manager of Drink Clean Company estimated the income profit of
the product after two years and its turn over was very low due to the newness
of the product which is forecasted sales, cost of goods sold and general
expenses made.
Project income statement for two years
Opening
Stock 8,899,465
Cost
of Factory Output 5,899,465
Goods
available for sale 5,599,465
Operating
expenses 9,54,99
Wages
& Salaries 4,23,900
Light
Diesel and fuel 384,900
Cost
good sold 9,54,990
Maintance/
Repair 70,000
Transportation 20,000
Advertisement 9000
Tax 5000
Total 14,301,594
CONCLUSION
After
the development of this product we found out that our product will be the best
in town and stand forever.
CONCEPTUALIZATION
The
desirability of our pure water product depends on the availability of best
quality produce in the production.