TERM PAPER ON BUSINESS PLAN
TABLE OF CONTENTS
Introduction – – – – – – – – 1
Executive Summary – – – – – – 1
Mission Statement – – – – – – – 2
Vision Statement – – – – – – – 3
Objectives and Goals – – – – – – 3
Needs Business Address – – – – – – 4
Products/Services – – – – – – – 4
Why I believe, I will be Successful – – – – 5
How much Money the Business will make – – 5
Business Advertisement – – – – – – 6
Management Plan – – – – – – – 6
Operation Plan – – – – – – – – 7
Why is my Business Centre Attracted Customers? – 7
Financial Plan – – – – – – – – 8
The essence of any business is to make profit and having gain on his/her services undoubtedly, not every business conducted or organized for the essence of making profit always be profitable. Some times, business has two faces which is gain and loss. Expecting profit from business may result in losing the business base on the technique or system operating the business. The information and communication technology (ICT) is very momentous business in the organization or society because of the digital world today.
It purpose for today’s society is to turn the world from analogue (manual) to computerizing (digital) for running of speed and smart business in the ecosphere, for easy transmitting of information, communication, and without facing much difficulties in movement and sending of news.
The aim and purpose of this business is to provides people in the area and beyond the area of location of the business a useful and enjoyable computer sets in items of training, maintaining and any internet services.
This business is to make profit and having continuing with development and good growth. The finance invested in this business is to have benefit and provide essential chances for the development of the business.
It situated at Ikot Ekpene town for the benefit of people in Ikot Ekpene and beyond the area.
My ICT services is to provide affordable and available computer sets to the people and to sale it to individuals, school, churches etc. at due price.
This business is intended to used five hundred and twenty thousand naira (N520,000.00) only in starting. Also, the advertisement of the business would be create, my business is being attracted to the customers, given management plan and operating plan.
Information and communication technology (ICT) is essential to the well being in the organization of people or the growth and development of every one in the society. I intend to provide effective and affordable information and communication technology service to the people of Ikot Ekpene and the entire global.
OTU FOR CHRIST computer Nigeria Limited is committed to worldwide ICT services. To this, I will normally concentrate and focus on my integration and result oriented services for my valued clients by meeting their urgent needs of computer training, maintenance, internet services, website designing and networking.
OBJECTIVES AND GOALS
The essence of this plan is to make wealth and generating better income to the organization. Therefore, I intended to make best computer available for literacy classes at least 30-60 people for the first few month with growth rate of 10% increase every 6 months.
- To develop and design at least 8-15 functional website to individuals, schools, churches, hospitals, Local Government councils etc with the good rate of 10% every six months.
- To ensure that 15-30 affordable computer sets are available for sale every.
- To ensure that 12-25 affordable computer sets are being sold to enable the growth and development of 10% per annual.
NEEDS BUSINESS ADDRESS
No. 1 Etok Eren Road, Ikot Ekpene Local Government Area, Akwa Ibom State.
If you are in far distance, it is possible and opportunity for you to contact the above emaile for the purpose of your products to reach you. Is a business for worldwide.
This business will able to make the following products and services available to the interested and valuable customers. These are follows;
- Saling of computer sets,
- Training people,
- Employing office workers,
- Internet/website browsing,
- Maintaining/Servicing computer systems,
And lots more.
WHY I BELIEVE, I WILL BE SUCCESSFUL
Information and Communication Technology (ICT) play vital and meaningful roles in the life of people today. Some people do believe and accepted that, we are in the digital world today.
Why I believe that, my business will be successful is base on the fact that, in many institutions, ministries, organizations, churches and lots more are now basically on education which computer literacy is more part of it.
For instance, students now a days do down loading, browsing and get more information from computer site known as internet.
Even more assignment in higher institutions is always be type written even in some secondary schools levels.
And for me to provide genuine computer sets with affordable price to the public, I will make world today turn to computerization
HOW MUCH MONEY THE BUSINESS WILL MAKE
Due to the amount of money invested in this business for the products and services, the business is about to start with, I strongly believe that the business will make not less than three hundred and fifty thousand naira (N350,00.00) and above per a month.
To create public awareness of this business, the following are the various manners that the advertisement or awareness would create;
- By Radio/Television,
- By Newspapers,
- By Hands bill,
- By Banners,
- By Oral Information.
Since this business is for private person, its interest or profit is belonging to the owner and the business most regulate according to the rules and regulations of the management employed by the owner.
Every months, the business most have both internal and external growth and development by selling of its products and services and storing another.
Moreover, as the business moving forward, more branches will be create and more workers will also employ.
Despite the fact that, this business is focusing on several interests/services, it is a business being managed, organized or introduced by one person. This is a business that is owned by private person with the registration name OTU FOR CHRIST COMPUTER NIGERIA LIMITED been situated at No. 1 Etok Eren Road, Ikot Ekpene Local Government Area, Akwa Ibom State. And having dealing with numerous services.
WHY IS MY BUSINESS CENTRE ATTRACTED CUSTOMERS
According to the idea of entrepreneurial studies, my business centre being attractive to the customers base on my products and services, base on my specialization in computer operation, base on the manner/policy dealing with my customers, base on the way I guarantee my customers and base on the location of my business.
This business centre is attractive to the customers base on the above mentioned laid down principles. The products and services needed by the customers is easily to found here.
Base on this form of a business that I intended to carry on, information and communication technology (ICT) played important functions. These are the format and amount invested into the business;
- Purchases of the computer sets N350,000.00
- Renting of shop N75,000.00
- Purchases of materials (chairs, table paper etc)
- Generator N45,000.00
Then, the total sum of money invested on this business is five hundred and twenty thousand naira (N520,000.00) only.
So this business carry very important plan and formation.