DEBRE MARKOS UNIVERSITY BURIE CAMPUS

DEPARTMENT OF COMPUTER SCIENCE THIRD YEAR

A Sample Computer Training Center Business Plan

Template
Contents
A Sample Computer Training Center Business Plan Template..............................................................1
Why Start a Computer Training Center?..................................................................................................1
A Sample Computer Training Center Business Plan Template.........................................................1
1. Industry Overview...................................................................................................................................1
2. Executive Summary.................................................................................................................................2
3. Our Products and Services.......................................................................................................................3
Service Description..............................................................................................................................3
4. Our Mission and Vision Statement..........................................................................................................8
Kinds of employees..................................................................................................................................9
Number of employees.............................................................................................................................9
Education level........................................................................................................................................9
Experience...............................................................................................................................................9
Campany manager...................................................................................................................................9
5. Job Roles and Responsibilities.................................................................................................................9
5.1 School Administrator...................................................................................................................10
5.2 ICT Instructors..............................................................................................................................10
5.3 Marketing and Sales Executive....................................................................................................10
5.4 Accountant..................................................................................................................................10
5.6 Client Service Executive...............................................................................................................11
6. SWOT Analysis.......................................................................................................................................11
6.1 Strength:..........................................................................................................................................11
6.2 Weakness:.......................................................................................................................................12
6.3 Opportunities:.................................................................................................................................12
6.4 Threat:.............................................................................................................................................12
7. MARKET ANALYSIS.................................................................................................................................12
7.1 Market Trends.................................................................................................................................12
8. Our Target Market.................................................................................................................................12
9. SALES AND MARKETING STRATEGY.......................................................................................................13
10. Sales Forecast......................................................................................................................................13

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11. Publicity and Advertising Strategy.......................................................................................................15
12. Our Pricing Strategy.............................................................................................................................16
13. Startup Expenditure (Budget)..............................................................................................................16
14. Sustainability and Expansion Strategy.................................................................................................18
15.gruop members....................................................................................................................................20

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A Sample Computer Training Center Business Plan
Template
Are you about starting a computer training center? If YES, here is a complete sample computer
training center business plan template & feasibility report you can use for FREE.
Okay, so we have considered all the requirements for starting a computer training center. We also
took it further by analyzing and drafting a sample computer training center marketing plan template
backed up by actionable guerrilla marketing ideas for computer training centers. So let’s proceed to
the business planning section.

Why Start a Computer Training Center?

If you are interested in starting a business in the ICT industry, one of the options open to you
especially if you are interested in imparting knowledge is to open a computer training center. Just
like most businesses in the ICT industry, computer training center business is open to as many people
that are interested in the industry as long as they have the required experience and qualifications.
In order to capture a fair share of the available market in your location, you would need a good
website that is Search Engine Optimization (SEO) compliant. The truth is that your website ensures
that your business remains visible to your customers. You can even ensure that your customers get to
book and pay online so as to make it more convenient for them.
Lastly, you would need a good business plan to be able to launch a successful business and below is
a workable computer training center business plant template that will help you to draft yours.

A Sample Computer Training Center Business Plan Template

1. Industry Overview
The computer training services industry is made up of centers that offer vocational and technical
courses. They also provide courses in computer programming, which include curriculums for
software packages, computerized business systems, computer electronics technology and local area
network management. It is important to state that computer training centers may also train their
students via online platforms.
The computer training services industry provides vocational and certification training in a range of
IT-related skills. The industry provides training in computer programming, software development,
computer electronics technology and network administration.
Players in this industry range from small private companies providing certified training in specific IT
areas, to larger software companies providing training and certifications in their proprietary software
such as SAP, Oracle and IBM. Going forward, the computer training services industry is expected to
continue declining as competition from other forms of higher education and online learning platforms
continue to reduce enrollment in computer training centers.

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The Computer Training Services Industry is indeed a large industry and pretty much active in all the
countries of the world. Statistics have it that in the ETHIOPIA alone, there are about 16,195
registered and licensed computer training centers scattered all across the ETHIOPIA,responsible for
directly employing about 2,329 people and the industry rakes in a whooping sum of 3 billion
annually.
The industry is projected to grow at -0.4 percent annual growth within 2012 and 2017. It is important
to state that Skill Soft has a largest chunk of the available market in the industry.
Please note that the computer training industry has low barriers to entry. The majority of the
businesses in this industry are owner operated, and there are few major players that control
significant portions of the industry’s total market. In addition, classroom facilities and equipment can
be rented on an as-needed basis, resulting in relatively low initial infrastructure costs.
The main factors that may prevent new players from joining the industry include course development
and accreditation costs, as well as a moderate level of regulation. Among computer training schools,
rapidly changing technology can be costly. Operators must balance the benefit of offering up-to-date
courses with the cost of producing such coursework.
The tough part as it relates to start-up costs most likely is the need to secure a standard and well –
positioned facility. Regardless of moderate barriers to entry, the competitive nature of the industry
makes it very difficult for new operators to break even within a short period of time in the industry.
Lastly, the computer training school services industry is pretty much open for aspiring entrepreneurs
to launch their business in the industry. One good thing about computer training center business is
that the business can be opened in any part of the ETHIOPIA and if proper market survey and
feasibility study are conducted, then you can be rest assured of profitability of the business.

2. Executive Summary
The name of our business is Mengistu Computer Training Center, LLC; we are a registered and
accredited computer training school that will be located in AMHARA REGION , OROMIA
REGION, TIGIRAY REGION. We are registered under the United States’ Government. We are well
equipped to train people that want to acquire computer or IT related skills.
Mengistu Computer Training Center, LLC will offer computer cum IT trainings such as computer
programming, computer software package training, computer systems and database training,
computer electronics technology training, Local area network (LAN) management training and
vocational training.
We are set to service a wide range of clientele in the whole of AMHARA REGION OROMIA
REGION, TIGIRAY REGION, we will ensure that we regularly update our teaching approach to
meet up the trend in the industry.
At Mengistu Computer Training Center, LLC we are passionate in the pursuit of excellence with
uncompromising services and integrity which is why we have decided to start our own computer
training center in AMHARA REGION OROMIA REGION, TIGIRAY REGION; we are in the
industry to make a positive mark.
We are quite optimistic that our values and quality of service offering will help us drive our computer
training center to enviable heights and also help us attract the number of students that will make the

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business highly profitable. Our company will be dedicated to establishing good business relationship
with our students giving them value for their money and reasons why they should continue to
recommend their family members and friends to us.
We are in the computer training Industry to favorably compete with other leading brands in the
industry both in the ETHIOPI Aand in the globe. Our corporate business goal is to be among the top
5 computer training schools in the ERREATA.
As a company, we are willing to go the extra mile to invest in some of the finest professionals
(computer cum ICT trainers / instructors) we can find and also, we have put processes and structures
in place that will ensure that we are always at the top of our game when it comes to impacting
knowledge as it relates to our computer training services. We have been able to secure permits from
all relevant departments in the State of TIGIRAY REGION.
We are quite aware that in order to become the number one choice in our city, we must continue to
deliver quality and practical computer training and that is exactly what we will do. We are open to
the use of latest technology in our line of business.
Mengistu Computer Training Center, LLC is owned and managed by Edgar Jones and his immediate
family members.  Edgar Jones has a Degree: B.S. in Electrical Engineering from the Massachusetts
Institute of Technology; M.S. degree in Computer Science at the University of Wisconsin-
Milwaukee; MBA from the University Of Chicago Booth School Of Business.

3. Our Products and Services

Mengistu Computer Training Center, LLC is an accredited computer training school that offers a
wide range of training services that revolves around the computer training industry. We will be
dedicated to establishing good business relationship with our students by giving them value for their
money and reasons for why they should continue to recommend their family members and friends to
us.
We are in the computer training industry to make profits and we will ensure that we do all that is
permitted by the law in the ETHIOPIA to achieve our business aim and objectives. These are the
services we will offer as a computer training center;

 Provision of programming training

 Provision of software package training
 Provision of computer systems and database training
 Provision of computer electronics technology training
 Provision of vocational training
 Local area network (LAN) management training

Service Description
We will provide core curriculum designed to train individuals from basic computer skills to
certification competencies. Students will be retained through Step-Level Based Training
indicated below:

 Basic/Level 1 —consists of students who have had little or no computer training.

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  Advanced/Level 2 —consists of students who have had at-home or on-the-job experience with
the majority of software packages.
 Intermediate/Level 3 —consists of certification training of students in preparation for the
Microsoft Office User Specialist Certification Test.
 Microsoft Office User Specialist Program—EOC is part of the MicroShare family of Authorized
Test Centers (ATCs) that administer and offer assessment tests for the Microsoft Office® User
Specialist (MOUS) program. About 90 percent of the Fortune 500 companies use Microsoft
Office products. An ever-increasing number of individuals in these companies are looking for
ways to give themselves a competitive edge to move up the career ladder.
 As an ATC, we have the opportunity to give our customers this competitive edge by helping them
prove their expertise and skill in using Microsoft Office products. When passing or failing the test
the student will receive a printout stating the results of the exam to take with them. If the student
has passed the test, they will receive a Certification certificate in the mail 2-4 weeks later.

Microsoft Office User Specialist Certification Test

The test consists of actually taking the exam to be come a Microsoft Office User Specialist. This
certification will give the student the credentials needed to prove that the student knows how to
use Microsoft Office Applications efficiently and productively.
EOC believes that assessing a customer before and after a class will give us the real value of our
training. EOC also will follow up 30 days after the training to see if the student actually retained
what was learned and if the student was able to apply the skills in their current environment.
EOC also believes in assessing our own staff. We will conduct ongoing Skill Level Needs
Assessments of our own employees across the Center, aimed at making computer training more
strategic and providing computer training that has more of a business impact. We will
continually seek to be effective for future student and business needs. Our key focus is to utilize
our program outcomes to improve and increase our computer training effectiveness in the
workplace.
EOC Company Assessment Program
EOC will provide an assessment service to local businesses as their pre-interviewing process.
There will be a fee attached to this service. The assessment appointment will be by the company
and they will give instructions as to our location, etc. EOC will only do business transactions
with the company.
Training Schedule
The typical computer training class will run 2 hours, twice a week, for four weeks or a total of 16
hours of training. Our capacity for weekly classes, for one month, would be a total of 72
students.
Our workshops are one day, eight-hour classes. These classes are geared towards the individual
wanting to brush up or learn a skill quickly without the long-term commitment.
The computer training classes will be scheduled as listed below. The specific subject of the class
won't be established until we receive customer response to advertising and promotions.

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Tentative Class Schedule

Monday-
125/Book 20
Thursday

8:30-10:00 Class preparation/marketing—Trainer

10:00-12:00 Class

12:00-12:30 Lunch—Trainer

12:30-2:30 Class

2:30-3:00 Return Phone Calls/Miscellaneous—Trainer

3:00-5:00 Class

5:00-5:30 Day's Review—Trainer

Friday Workshops 49-179

8:30-10:00 Workshop preparation/marketing—

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Friday Workshops 49-179

Trainer

10:00-12:00 Workshop 1#

12:00-12:30 Lunch—Trainer

12:30-2:30 Workshop 2#

Return Phone Calls/Miscellaneous—

2:30-3:00
Trainer

3:00-5:00 Workshop 3#

5:00-5:30 Day's Review—Trainer

Saturdays-Workshops 49-179

9:00-12:00 Class/Includes Break—All

12:00-12:30 Lunch—All

12:30-4:30 Class/Includes Break—All

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 Fig 1.Training huose

4. Our Mission and Vision Statement

 Our Vision is to become the number one government approved computer training school in
the whole of AMHARA REGION , OROMIA REGION, TIGIRAY REGION, ERREATA.
 Our mission as a government approved computer training school is to develop a highly
successful, and profitable computer training center which provides quality training in our
community and to become a standard for computer training schools not only in AMHARA
REGION , OROMIA REGION, TIGIRAY REGION, but also throughout the EHIOPIA and
AFRICAN COUNTRY where we intend attracting students.

Our Business Structure

Mengistu Computer Training Center, LLC is aware that the success of any business lies in the
foundation on which the business is built on, which is why we have decided to build our computer
training center on the right business foundation.
As a matter of fact, we will build a computer training center that will be a standard for the computer
training school line of business in the ERREATA.
We want to build a dedicated workforce that will go all the way to ensure that our students are
satisfied and they get value for their money when they enroll in our computer training school. We
aware that it takes a business with the right employees and structure to achieve all what we have set
to achieve, which is why we will be putting structures and standard operating processes in place that
will help us deliver excellent training to our students.

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Mengistu Computer Training Center, LLC will employ professionals and skilled people to occupy
the following position;

 Head of The School / School Coordinator

 School Administrator
 ICT Instructors
 Accountant
 Marketing and Sales Executive
 Client Service Executive

Kinds of employees Number of Education level Experience

employees
Campany 1 Proofer/doctor 2 years
manager
Lecturer 10 doctor / 3 years
First degree
controler 5 diploma 1 years
Lab 4 First degree 21years
Assistance
Or deploma

5. Job Roles and Responsibilities

Head of the School / School Coordinator:

 Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching,

counseling, and disciplining managers; communicating values, strategies, and objectives;
assigning accountabilities; planning, monitoring, and appraising job results; developing
incentives; developing a climate for offering information and opinions.
 Creating, communicating, and implementing the organization’s vision, mission, and overall
direction – i.e. leading the development and implementation of the overall organization’s
strategy.
 Responsible for fixing prices and signing business deals
 Responsible for providing direction for the business
 Creating, communicating, and implementing the organization’s vision, mission, and overall
direction – i.e. leading the development and implementation of the overall organization’s
strategy.

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  Responsible for signing checks and documents on behalf of the company
 Evaluates the success of the organization

5.1 School Administrator

 Responsible for overseeing the smooth running of HR and administrative tasks for the
computer training school
 Design job descriptions with KPI to drive performance management for tutors (ICT
instructors)
 Regularly hold meetings with key stakeholders to review the effectiveness of the schools’
Policies, Procedures and Processes
 Maintains office supplies by checking stocks; placing and expediting orders; evaluating new
products.
 Ensures operation of equipment by completing preventive maintenance requirements; calling
for repairs.
 Responsible for training, evaluation and assessment of employees
 Oversees the smooth running of the daily activities of the school.

5.2 ICT Instructors

 Responsible for handling computer cum IT trainings such as computer programming training,
computer software package training, computer systems and database training, computer
electronics technology training, Local area network (LAN) management training and
vocational training et al
 Accesses the progress of students under their care
 Ensure that students abide by the rules and regulations of the regulating bodies in the
ERREATA
 Receives complaints from students and channel it to the appropriate quarters
 Handles any other duty as assigned by the school coordinator.

5.3 Marketing and Sales Executive

 Identifies, prioritizes, and reaches out to new students, and business opportunities et al
 Identifies development opportunities; follows up on development leads and contacts;
participates in the structuring and financing of projects; assures the completion of
development projects.
 Writes winning proposal documents, negotiate fees and rates in line with organizations’
policy
 Responsible for handling business research, market surveys and feasibility studies for clients
 Responsible for supervising implementation, advocate for the student’s needs, and
communicate with clients
 Develops, executes and evaluates new plans for expanding sales
 Helps to increase sales and growth for the school.

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5.4 Accountant

 Responsible for preparing financial reports, budgets, and financial statements for the
organization
 Provides managements with financial analyses, development budgets, and accounting
reports; analyzes financial feasibility for the most complex proposed projects; conducts
market research to forecast trends and business conditions.
 Responsible for financial forecasting and risks analysis.
 Performs cash management, general ledger accounting, and financial reporting for one or
more properties.
 Responsible for developing and managing financial systems and policies
 Responsible for administering payrolls
 Ensures compliance with taxation legislation
 Handles all financial transactions for the organization
 Serves as internal auditor for the organization.

5.6 Client Service Executive

 Welcomes students and visitors by greeting them in person or on the telephone; answering or
directing inquiries.
 Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the
client with a personalized customer service experience of the highest level
 Through interaction with students on the phone, uses every opportunity to build client’s
interest in the company’s products and services
 Manages administrative duties assigned by the school coordinator in an effective and timely
manner
 Consistently stays abreast of any new information on the schools’ products, promotional
campaigns etc. to ensure accurate and helpful information is supplied to students when they
make enquiries
 Distributes mails in the organization

6. SWOT Analysis
Computer training school is one of the many businesses that can easily generate business deals with
little stress as long as they are well positioned and equipped to carry out their trainings. We are
building a standard computer training center which is why we have decided to subject our business
idea to SWOT Analysis.
Ordinarily we can successfully run a normal computer training center without the stress of going
through the required protocol of setting up a new business including writing a detailed business plan,
but because of the nature of the kind of computer training center we want to establish, we don’t have
any option other than to follow due process.
We hired the services of a Business consultant with bias in startups to help us conduct SWOT
analysis for our company and she did a pretty job for us. Here is a of the result we got from the
SWOT analysis that was conducted on behalf of Mengistu Computer Training Center, LLC;

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6.1 Strength:
Mengistu Computer Training Center, LLC is centrally located in a densely populated residential
estate in the heart of AMHARA REGION , OROMIA REGION, TIGIRAY REGION; our location is
in fact one of our major strengths because we are in a location with the right demography for the kind
of business we run.
Another strength that counts for us is the power of our team. We have a team that are considered
experts in the computer training school line of business, a team of hardworking and dedicated
individuals.

6.2 Weakness:
Mengistu Computer Training Center, LLC is a new business which is owned by an individual
(family), and we may not have the financial muscle to sustain the kind of publicity we want to give
our business.

6.3 Opportunities:
We are centrally located in one of the busiest areas in BURIE and we are open to all the available
opportunities that the city has to offer. Our business concept and staff strength also positioned us to
accommodate over 200 students per time.
The truth is that there are no standard computer training centers within the area where ours is going
to be located; the closest one to our proposed location is about 6 miles away. In a nutshell, we do not
have any direct competition within our target market area.

6.4 Threat:
Some of the threats that are likely going to confront Mengistu Computer Training Center, LLC are
unfavorable government polices, seasonal fluctuations, demographic / social factors, downturn in the
economy which is likely going to affect consumers spending and of course emergence of new
competitors within the same location where our computer training center is located.

7. MARKET ANALYSIS
7.1 Market Trends
The key to attracting students is the ease at which students learn different computer skill sets in a
training school. Any computer training center that has good records and loads of positive testimonials
from students who have passed through the school will always thrive.
Another common trend in the computer training industry is that in the bid to survive global economic
meltdown and to ensure steady flow of income to effectively run the business, most players in the
industry engage in other related services. Some of them even go as far as establishing agency

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services to provide certified ICT professionals for clients and some also offer specialized home
training for executive students et al.

8. Our Target Market

Before choosing a location for our computer training center, we conducted thorough feasibility
studies and market survey and we were able to identify those who will benefit greatly from our
service offerings. Basically, those who will benefit from our service offering are students and
workers, people who want to get ICT skills and certifications.
Our competitive advantages Despite the fact that the computer training center business has stiff
huddles to scale through does not mean that there are no real competitions in the industry. The truth
is that no matter the line of business that you are involved in, as long as it is called business, you will
definitely face one form of competition or the other and computer training school is not an
exemption.
So, if you are looking towards setting up this type of business, it is advisable to do your due diligence
before launching the business if indeed you want to succeed. We are well trained and equipped to
compete in the computer training school services industry in the ERREATA.
Our competitive edge is that we are a government approved computer training center that is centrally
located in a densely populated residential estate in the heart of BURIE; our location is in fact one of
our major strengths because we are in a location with the right demography for the kind of business
we run. Another strength that counts for us is the power of our team.
Lastly, we have the ability to develop courses for new technology, we have a good reputation and the
ability to alter services in favor of market conditions. Plus, all our employees will be well taken care
of, and their welfare package will be among the best within our category in the industry. It will
enable them to be more than willing to build the business with us and help deliver our set goals and
achieve all our business aims and objectives.

9. SALES AND MARKETING STRATEGY

 Sources of Income

Mengistu Computer Training Center, LLC is established with the aim of maximizing profits in the
computer training school services industry and we are going to go all the way to ensure that we do all
it takes to attract clients on a regular basis.
Mengistu Computer Training Center, LLC will generate income by offering the following services;

 Provision of programming training

 Provision of software package training
 Provision of computer systems and database training
 Provision of computer electronics technology training
 Provision of vocational training
 Local area network (LAN) management training

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10. Sales Forecast
The fact that the ICT industry is gaining prominence in various aspects of our daily business, means
that the services of computer training schools will always be needed.
We are well positioned to take on the available market in and around BURIE and we are quite
optimistic that we will meet our set target of generating enough profits from our first six months of
operation and grow our computer training center and our student base.
We have been able to critically examine the computer training school line of business, we have
analyzed our chances in the industry and we have been able to come up with the following sales
forecast.

 First Fiscal Year: 240, 000birr

 Second Fiscal Year: 650, 000birr
 Third Fiscal Year: 950, 000birr

Sales Forecast fy2008 fy2009 Fy2010

Sales 122,448 200,192 200,192
Other 48 89 900
Total Sales 122,496 203,123 310,456
Direct Cost of Sales
Sales 0 0 0
Other 0 0 0
Subtotal Cost of 0 0
00
Sales

N.B: This projection was done based on what is obtainable in the industry and with the assumption
that there won’t be any major economic meltdown or any major competitor offering the same
services as we do within the same location. Please note that the above projection might be lower and
at the same time it might be higher.

 Marketing Strategy and Sales Strategy

The marketing strategy for Mengistu Computer Training Center, LLC is going to be driven by
excellent customer service and quality training delivery. We want to drive sales via the output of our
jobs and via referral from our satisfied students. We are quite aware of how satisfied students drive
business growth especially businesses like computer training schools.

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Mengistu Computer Training Center, LLC is strategically located and we are going to maximize the
opportunities that are available to us, which is why we spent more to locate the business where it will
be visible and accessible to our target market.
Our sales and marketing team will be recruited based on their vast experience in the industry and
they will be trained on a regular basis so as to be equipped to meet the overall goal of Mengistu
Computer Training Center, LLC.
Our goal is to grow Mengistu Computer Training Center, LLC to become the leading computer
training center in BURIE which is why we have mapped out strategies that will help us take
advantage of the available market and grow to become a major force to reckon with in our line of
business.
Mengistu Computer Training Center, LLC is set to make use of the following marketing and sales
strategies to attract clients;

 Introduce our computer training center by sending introductory letters alongside our brochure
to schools, corporate organizations and other key stake holders in and around BURIE
 Print out fliers and business cards and strategically drop them in offices, libraries, public
facilities and train stations et al.
 Use friends and family to spread word about our computer training center
 Post information about our computer training center and the services we offer on bulletin
boards in places like schools, libraries, and local coffee shops et al
 Place a small or classified advertisement in the newspaper, or local publication about our
computer training center and the services we offer
 Leverage on referral networks such as agencies that will attract students who would need our
services.
 Advertise our computer training center in relevant entertainment magazines, newspapers, TV
and radio stations.
 Attend relevant expos, seminars, and business fairs et al to market our services
 Engage in direct marketing approach.
 Encourage the use of Word of mouth marketing from loyal and satisfied students.
 Join local chambers of commerce and industry and other relevant groups to market our
services.

11. Publicity and Advertising Strategy

Mengistu Computer Training Center, LLC is set to create a standard for the computer training school
line of business not only in BURIE, but throughout the ETHIOPIA,which is why we will go all the
way to adopt and apply best practices to promote our business.
Good enough there is no hard and fast rule on how to advertise or promote a business like a computer
training school. Here are the platforms we intend leveraging on to promote and advertise Mengistu
Computer Training Center, LLC;

 Encourage our loyal students to help us use Word of Mouth mode of advertisement (referrals)
 Advertise our business in relevant education cum ICT magazines, local newspaper, local TV
and radio stations
 Promote our business online via our official website

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  List our business inn local directories (yellow pages)
 Sponsor relevant community programs
 Leverage on the internet and social media platforms like Instagram, Facebook, twitter, et al to
promote our brand
 Install our billboards in strategic locations all around BURIE
 Direct coupon mailing approach
 Distribute our fliers and handbills in target areas
 Ensure that all our staff members wear our customized clothes; all our official cars are
customized and well branded.

12. Our Pricing Strategy

Mengistu Computer Training Center, LLC will charge our students flat fees except for few occasions
where there will be need for us to charge special students on hourly basis.
At Mengistu Computer Training Center, LLC we will keep our fees below the average market rate
for all of our students by keeping our overhead low and by collecting payment in advance. In
addition, we will also offer special discounted rates to all our students at regular intervals.
We are aware that there are some students that would need special assistance, we will offer flat rate
for services that will be tailored to take care of such students’ needs. The prices of our services will
be same as what is obtainable in the open market.

 Payment Options

The payment policy adopted by Mengistu Computer Training Center, LLC is all inclusive because
we are quite aware that different customers prefer different payment options as it suits them but at the
same time, we will ensure that we abide by the financial rules and regulation in the ERREATA.
Here are the payment options that Mengistu Computer Training Center, LLC will make available to
her clients;

 Payment via bank transfer

 Payment with cash
 Payment via online bank transfer
 Payment via mobile money platform
 Payment via Point of Sale Machines (POS Machine)
 Payment via check
 Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our clients make payments
for our services. Our bank account numbers will be made available on our website and promotional
materials.

13. Startup Expenditure (Budget)

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In setting up any business, the amount or cost will depend on the approach and scale you want to
undertake. If you intend to go big by renting a place, then you would need a good amount of capital
as you would need to ensure that your employees are well taken care of, and that your facility is
conducive enough for your workers to be creative and productive.
This means that the start-up can either be low or high depending on your vision and aspirations for
your business.
The tools and equipment that will be used are nearly the same cost everywhere, and any difference in
prices would be minimal and can be overlooked. As for the detailed cost analysis for starting a
standard computer training school; it might differ in other countries due to the value of their money.
We have been able to pull cash that will be enough for us to successfully launch a government
approved computer training center in BURIE. These are the key areas where we will spend our
startup capital on;

 The total fee for registering the business in the EHIOPIA– 750 birr.
 Legal expenses for obtaining licenses and permits – 1,500 birr.
 Marketing promotion expenses (8,000 birr flyers at 0.04 birr per copy) for the total amount of
– 10,000 birr.
 The total cost for hiring Business Consultant – 5,000 birr.
 The amount needed for the purchase of insurance policy covers (general liability, workers’
compensation and property casualty) coverage at a total premium – 30,800 birr.
 The total cost for the purchase of accounting software, CRM software and Payroll Software
– 3,000 birr
 The total cost for leasing facility for the business – 150,000 birr.
 The total cost for the purchase of computers, laptops and other related software and hardware
– 280,000 birr
 Other start-up expenses including stationery – 1000 birr
 Phone and utility deposits – 3,500 birr
 Operational cost for the first 3 months (salaries of employees, payments of bills et al)
– 40,000 birr
 The cost for the purchase of furniture and gadgets (Computers, Printers, Telephone, TVs,
Sound System, snooker board, tables and chairs et al) – 4,000 birr.
 The cost of launching a Website – 600 birr
 The cost for our grand opening party – 15,000 birr
 Miscellaneous – 5,000 birr

Going by the report from the market research and feasibility studies conducted, we will need about
four hundred and fifty thousand (450,000 birr) Birrto successfully set up a medium scale but standard
computer training center business in the ERREATA.
Generating Startup for Mengistu Computer Training Center, LLC
Mengistu Computer Training Center, LLC is a business that will be owned and managed by Edgar
Jones and his immediate family members. They are the sole financiers of the business which is why
they decided to restrict the sourcing of the start up capital for the business to just three major sources.
These are the areas we intend generating our startup capital;

 Generate part of the startup capital from personal savings and sale of his stocks

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  Generate part of the startup capital from friends and other extended family members
 Generate a larger chunk of the startup capital from the bank (loan facility).

N.B: We have been able to generate about 150,000 birr (Personal savings 100,000 and soft loan from
family members 50,000) and we are at the final stages of obtaining a loan facility of 300,000 from
our bank. All the papers and documents have been duly signed and submitted, the loan has been
approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

The future of a business lies in the number of loyal customers that they have, the capacity and
competence of their employees, their investment strategy and business structure. If all of these
factors are missing from a business, then it won’t be too long before the business closes shop.
One of our major goals of starting Mengistu Computer Training Center, LLC is to build a business
that will survive off its own cash flow without the need for injecting finance from external sources
once the business is officially running.
We know that one of the ways of gaining approval and winning customers over is to offer our ICT
training services a little bit cheaper than what is obtainable in the market and we are well prepared to
survive on lower profit margin for a while.
Mengistu Computer Training Center, LLC will make sure that the right foundation, structures and
processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate
culture is designed to drive our business to greater heights and training and retraining of our
workforce is at the top burner.
As a matter of fact, profit-sharing arrangement will be made available to all our management staff
and it will be based on their performance for a period of three years or more. We know that if that is
put in place, we will be able to successfully hire and retain the best hands we can get in the industry;
they will be more committed to help us build the business of our dreams.
Check List/Milestone

 Business Name  Availability Check: Completed

 Business Incorporation: Completed
 Opening of Corporate Bank Accounts various banks in the United States: Completed
 Opening Online Payment Platforms: Completed
 Application and Obtaining Tax Payer’s ID: In Progress
 Securing a standard facility and reconstructing the facility: Completed
 Purchase of reliable computers, laptops, hardware and software: Completed

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 Application for business license and permit: Completed
 Purchase of Insurance for the Business: Completed
 Conducting Feasibility Studies: Completed
 Generating part of the startup capital from the founders: Completed
 Writing of business plan: Completed
 Drafting of Employee’s Handbook: Completed
 Drafting of Contract Documents: In Progress
 Design of Logo for the business: Completed
 Printing of Promotional Materials: Completed
 Recruitment of employees: In Progress
 Purchase of the needed furniture, office equipment, software applications, electronic
appliances and facility facelift: In progress
 Creating official website for the business: In Progress
 Creating Awareness for the business: In Progress
 Health and Safety and Fire Safety Arrangement: In Progress
 Establishing business relationship with vendors and key players in various industries: In
Progress

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15.gruop members

NAME ID.NO
1.MENGISTU……………………………. TER /240/11
2.KIFLE……………………………………..TER /231/11
3.HIZIKEAL……………………………TER /270/11
4.WUDNEHI…………………………….TER /256/11
5. SISAY………………………………..TER/252/11

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