Auto Spare And Garadge Business Plan

EXECUTIVE SUMMARY

 Introduction

Executive summary of the business is a brief summary of the business description marketing plan and organization operational plan and financial plan.

Business Description

The business name will be Express auto spare and garage and it will be sole proprietorship kind of business.

The main sponsors of the business will be personal savings, proprietors contribution from friends and relatives, loans from equity to the total of 500, 000 as an initial capital. The business will be selling spare parts and maintenance of motor vehicles.

Market Plan

The business will market its goods and service in retail price and to target a total population of 10, 000in three years to come. The business will offer a higher services and quality products to overcome the competitor’s power. Also advertise frequently their product and promotional strategy in order to venture into the market quickly. The business will ensure direct service of goods to the customers to avoid middlemen.

Organizational Plan 

The proposed business will employ four workforces at the start of the business including the manager, accountant, sales personnel and two technicians. After two to three years workshop manager, secretary, sale personnel a regular internal for smooth run of the business.

Operational Plan 

Service equipment and facilities are needed for the start of the business therefore operation plan has to be laid down for the business to run smoothly. Also the regulation governing or affecting operation in the business like the health, safety of workers and working conditions must be considered

Financial Plan

The proposed business needs the total cost of ksh500, 000 of proposed capitalization. The business needs ksh150, 000 as the pre- operational cost and the desired finance of ksh200, 000to the start operation successful.