Business Plan Electrical Shop PDF Pricing Retail

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Business Plan Electrical Shop
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BUSINESS PLAN-ELECTRICAL SHOP
This chapter contains the name of the business i.e. VAPSHI ELECTRICAL ENTERPRISE
which originates from the name Victor Asutsi Peter Shitambatsi for a unique identity in the
business fraternity. There is full description of the location and address of the business, form of
ownership etc.
The business is majorly involved in selling and repair of electrical and electronic tools and
equipment and offering services relevant to electrical. This chapter shows how the business
enters into the market as a Tsunami as it employees different measures for increasing sales and
profit maximization e.g. advertisement low prizes of products / services, promotion discounts
and after sale services.
2.0 MARKETING PLAN
Chapter two describes different ways of trading and types of customers the business targets. The
business targets to serve 2,8o00 potential customers within its locality. Its growth will be
determined by the quality of goods and services offered hence determing the profit of the
business.
This chapter shows the competitors of VAPSHI business which are BUSH, OBASH, BUYA and
others and indicate how the business will capitalize on their weakness hence its success methods
of promotions and advertisement made to improve the business are clearly shown.
3.0 ORGANIZATION AND MANAGEMENT PLAN
Chapter three contains the management of the business and its organization structure. The
business has a manager supervisor, secretary, technical, artisans and security officers with stated
responsibilities respective for their qualifications.
Recruitment of employees, training and promotion of workers and other important exercises are
clearly shown in this chapter. The chapter also shows how remuneration and incentives are don’t
and also the legality of the business.
4.0 PRODUCTION / OPERATION PLAN
chapter four contains production and operational plan for the business. The business is largely
dealing with sales and repair of electrical tools 8 equipments plus materials (facilities) hence
their estimated cost are shown.
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It also shows the business layout, production strategies, design and development of the business,
calculations of monthly materials required for the business to operate. There are also the
regulations for the operations of business.
5.0 FINANCIAL PLAN
Chapter five include calculations and totals of different finance plans like the pre – operational
cost, the working capital etc.
It shows the cash flow projection for year one which is tabulated and the accumulated cash is
1,312,500/=
This other calculations include the proforma balance sheet, income statement which has net
profit after taxation, break even level of the business, contribution margin and the break even
level of sales.
It has the profitability ratios which shows how the level of success of the business are
calculated.
CHAPTER ONE
1.0 BUSINESS DESCRIPTION
the proposed business that is VAPSHI ELECTRICAL ENTERPRISE will be dealing specifically
with the sale of electrical materials, tools and equipments and also will be offering different
services like repair of electrical equipment, tools or gadgets, winding of motors etc.
1.1 BUSINESS NAME
VAPSHI ELECTRICAL ENTERPRISE is the preferable name for the proposed business.
VAPSHI is a term artistically twisted from real name i.e. VICTOR ASUTSI PETER
SHITAMBASI which is very unique or original name. Thus VAPSHI is a concrete ward that can
attract many people. It act as an advertisement.
1.2 BUSINESS PHYSICAL LOCATION
The business will be located at Kambi Mtu Market centre which is in Lubao area. North – West
form Kakamega town and 10 KM way. This place is monthly preferred because it is along the
road enhancing easy transportation of goods and services. It is also at a market place hence it will
attract many people as customers. there is full security as there is a police post.
The business address is :-
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VAPSHI ELECTRICAL ENTERPRISE
P.O BOX 168
KAKAMEGA
Telephone N. 07269141
E-mail vahi@yahoo,co.ke
1.3 FORM OF OWNERSHIP
This business will be a sole proprietorship kind of business as it will be runned by one person.
This will be so because of the following reasons:-
(a) He will be the boss of his own thus run the business without any interruption
(b) Easy to make decisions
(c) He will enjoy all the profits as he I will be the chief controller of the business.
1.4 TYPE OF BUSINESS
This business is to engage much in the following
(a) Selling of electrical materials like cables, switches insulators, lighting systems etc, electrical
tools like phase resters, electrical tool boxes and any other electrical related tools or equipment.
(b) Repairing of faulty electrical gadgets in different capacitors.
(c) Motor winding, rewinding, dismantling, repair and sell the rewinded motors.
Leasing out services like lighting system, music stereo type. Microphone etc in special occasions
like funeral, political meetings, weddings etc.
1.5 PRODUCTS / SERVICES
The products produced will be of high qualities, convenient and cheap for customers to afford.
Also the services will be affordable to all people sufficient motor rewinding will be done. All
these will be achieved by having skillful personnel and having a large stock to begin with. The
products and services will be readily available because of its location in situated in a market
centre along the road.
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Business Plan Electrical Shop | PDF | Pricing | Retail https://www.scribd.com/document/368971955/business-plan-electrical-s...

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