Business plan , Green Land Multipurpose Business cente 2022

AMBO UNIVERSITY

COLLEGE OF BUSINESS AND ECONOMICS

DEPARTMENT OF ACCOUNTING AND FINANCE

Course: Entrepreneurship

Project: - Business Plan

Title: Green Land Multipurpose Business Center

GROUP NAME ID ND

1. FALMETA ELIYAS ------------------------------------------------UGR/60432/14

2. MOHAMMED ABDOAH-------------------------------------------UGR/60433/14
3. SOFIYA DAMISHU -----------------------------------------------UGR/60928/14
4. MUSTAKIMA ALIYI -----------------------------------------------UGR/60435/14
5. OBSA JEMAL-----------------------------------------------------UGR/60425/14

July . 2022

Table of contents pagkes

Green land multipurpose business center plan............................................................................................iii
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1. INRODUCTION.....................................................................................................................................1

1.1 Business Name..................................................................................................................................1

The name the business is Green Land Multipurpose Business Center (GLMBC)...................................1

1.2 Name and address of partners............................................................................................................1

1.3 Nature of the business........................................................................................................................1

1.4 Statement of financial requirements (Financial need.......................................................................2

1.5 Confidentiality of the Report.............................................................................................................2

2. Executive summary.................................................................................................................................2

3. Industrial analyses...................................................................................................................................3

3.1 Future out looks and trends................................................................................................................3

3.2 Analysis of competitors.....................................................................................................................3

4. Description of the venture.......................................................................................................................4

4.1 Products.............................................................................................................................................4

4.2 Services.............................................................................................................................................4

4.3 Size of the business............................................................................................................................4

4.5 Back ground of the entrepreneurs......................................................................................................5

4.6 Location of the business....................................................................................................................5

5. Production Plan......................................................................................................................................5

6. Marketing Plan........................................................................................................................................6

6.1 Pricing list..........................................................................................................................................6

6.2 Promotion..........................................................................................................................................7

6.3 Product forecast.................................................................................................................................7

6.4 Controls...........................................................................................................................................7

7. Organizational Plan.................................................................................................................................7

8. Assessment of risk...................................................................................................................................8
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9. Financial Plan..........................................................................................................................................8

9.1 Forecasted income statement for the next five years..........................................................................9

9.2 Forecasted balance sheet for the next five years..............................................................................10

9.3 Forecasted cash flow statement for the next five years....................................................................10

10 .Appendix.............................................................................................................................................11

1. Introduction

Green land multipurpose business center plan

This document contains the business plan of green land multipurpose business center. This
business plan include detail explanation of the existing problem and solution for the green land
multipurpose business center, in addition to this the plan gives more direction to the owners to
get their directed goal or objectives. In all this business plan tries to direct the owners how they
have to their business.
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1.1 Business Name

The name of business is Green Land Multipurpose Business Center (GLMBC)

1.2 Name and address of partners

Name

1. Falmeta Eliyas woreda-- Ambo town kebele 04

2. Mohammed Abdoah woreda-- Harar town Kebele 05

3. Obsa jemal woreda – Adama town Kebele 03

4. Mustakima Aliyi woreda-- Waliso town Kebele 03

5 . Sofiya Damishu Woreda--- - Shashamane town Kebele 06

1.3 Nature of the business

Due to the absence of multi business center that gives different service, the newly
launched business center named as Green land multipurpose business center is
going to be opened .This business center has planned to give service on the
following business areas/services for the customer

 Broad band internet service including wireless

 Different types of computer service such as printing, photocopy, Fax service
etc
 Fast foods including traditional /Cultural and modern foods
 Channels service using DSTV
 Training Centers on basic computer skill for adult and children
 Audio visual center for video editing, video rental ,etc
 Play station for children and youth.
 Additional service like hot and soft drinks
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1.4 Statement of financial requirements (Financial need)

The business shall be established with a capital of Birr seven hundred thousand
(700,000) which will be raised from the partner and bank loan .The owners
contribution shall be three hundred thousand Birr (300,000) & the bank loan
shall be four hundred thousand birr (400,000) to operate the business for the
satisfaction of the customer as well as for the independence the owners.
1.5 Confidentiality of the Report
This document is confidential and proprietary .It might not be circulated or
disclosed in whole or part without the written permission of the partners.

No representation or guarantees are made or implied .Plans and projections are

subjected to change. All stated amounts are approximate and estimated.

2. Executive summary
Green land multipurpose business center is planned to be opened in Nekemte
Town to give quality service for the community at one point. It gives different
types of service for all age categories including children, youth and other age
group. The business center will be opened after analyzing the existing
environmental and opportunities in order to overcome the challenges and facility
behind it.

Due to high competitive business centers such as hotels and restaurants in the
town, the business centers has tried to use different types of modern and attractive
materials so that the intention of the customer is attracted. The main features of
the this business center that make it unique is that different service are going to be
given at one point so that the customer can obtain those service as he /she want.

The main motivating factors to open the business centers include

 Currently existing customer demand

 Creating job opportunity for the individuals
 satisfying the children and families need on weekends and holidays
 Generating income /tax for the government
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The business center is aimed to give services such as traditional foods /cultural
foods, soft and hot drinks of different types, Modern fast food ,computer service
including short term training ,high speed broader band internet service, Different
DST channels, play station for children, mini library service including audio
visual center.

3. Industrial analyses
3.1 Future out looks and trends
The idea of this is based on the societies interest and being analyzing the
environment situation .Since there is shortage of giving service at same place the
owner overlook the problem and then trying to satisfy the user need by passing d/t
challenging expenditure to succeed goal.
3.2 Analysis of competitors
Even though there are many competitor through the town this business center is
planned to satisfy the interest of the society based on their economic level by
supplying additional things.

Strength of the competitors

The major strength of our competitor is due to capital and other related factors
such as operating businesses in their own building they may safe expenditures cost
related to that .In addition the business promotion that they have done make them
more competent.

Weakness of competitors

The main weaknesses of our competitors are they lack efficiency and effectiveness
in delivering service and also they are not customer centered. So our business
become more competent enough by addressing those problem in advance and
under taking additional business research.
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4. Description of the venture

4.1 Products
The primary products of our business shall be:

 The traditional/cultural and modern fast foods

 The d/t hot and soft drinks
 The play stations
4.2 Services
The services that our business provides shall be:

 Computer and other technological services

 DSTV channel
 Play station service
 Different types of food and drinking service
 Computer training and library services including audio visual center.
4.3 Size of the business
The business shall be of medium size initially. However the business will expands
as it acquires more customers and users in the near future. The business will
develop many products in order to be more competitive.

4.4 Office Equipment and personnel

The business’s operation shall require some office equipment and personnel.
NO Description Quantity Unit price (Birr) Total price (Birr)
1 Customer /guest chairs 200 400 80000
2 Machine for hot drink 01 10000 10,000
3 Personal computer 15 4000 60,000
4 TV 32 inch 03 7000 21000
5 Children play station 01 50000 50000
material
6 Play station for adults 2 20000 40000
TOTAL 261000
Table 4.1 Description office and related equipment to operate Green land
multipurpose business Center, 2018
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Manpower Requirement
NO Description Number Monthly pay Annual pay

1 Supervisor 1 2500 30000

2 Accountant 1 1500 18000

4 Casher 1 600 7200

5 Worker 10 500x10x12 60,000

Table 4.2 Description of man power to start Green land multipurpose business
center.

4.5 Back ground of the entrepreneurs

The entrepreneurs have rich experience and sufficient skill in order to design the
business process which will significantly contribute to the success full
establishment and operation of the business .The partners also have addition
managerial skills that enable them to lead and coordinate properly so that the
business will become more productive.
4.6 Location of the business
Green land multipurpose bossiness is located in Nekemte Town East Wollega
around 2nd mazoria near wollega museum in order to attract all customers from all
directions.

5. Production Plan
The business center is planned to give service and food products for customers in
order to fulfill their need by using different supplies and equipment by passing
through different process.
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6. Marketing Plan
6.1 Pricing list
The business use market penetration strategy to introduce its products and service
and easily as establish itself in the completion. The tentative prices of the business
is presented in the following table .

NUMBER Description Price /Birr

1 Cultural Food
Anchote 25
cacabsa 20
Combo 25
Cororsa 25
Buna Qala 15
2 Fast Food
TIBS 20
DOROWAT 25
FIRFIR 20
BURGER 5
PIZZA 25
3 Soft drinks
cocacola 8
pepsi 10
7-up 8
sprite 10
mirinda 10
Fanta 10
Computer Service
Internet /min 20
Dstv GAMES 3
Printing service 3
Photocopy .5
Fax 3
Video Editing service 250
Short course Training 100/month
Library service 1birr/hr
Video Rental 500
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5 Hot drinks
coffee 3
TEA 2
MECHAITO 4
MILK 5
6 Children play station 20/child
7 Play station for adult 10/
carambula 5/30 mi
Tennis 25cent/min
POOL 10/min
Table 6.1 List of pricing for GMPBC

6.2 Promotion
The business will be promoted using the following technique

 Announcement using different types of posters

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 Announcing using mass media such Radio and television
 Giving free service on the first day of opening
 Training 5 individual free on computer service.
6.3 Product forecast
The product forecast is done forecasting many issues in many directions. First due
to increased urbanization the need for recreational demand is increasing from time
to time. In addition the current services given by the existing business center are
not customers centered at the same time different service are given at different
location. So the product that we are delivering in the form of service will provide
all the required service for the customer makes us more productive than any other
business centers.
6.4 Controls
The business process will be controlled by employing skilled and effective
managerial role. So that every aspect of the business process will be controlled
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efficiently and effectively in order to avoid wastage and in appropriate use of

human power.

7. Organizational Plan
GREEN LAND MULTI-PURPOSE BUSSINUSS CENTER is proprietary ship containing four
members.

All of the members have agreed to share equal amount of money /profit obtained
from the business and share equal risk .This group of individuals have a core
concept of working together in order to grown by keeping group interest .

The agreement is reached after passing through all the legal requirements and in
order to avoid any conflict of interest that arise latter on the business process.

The main working principle of the business center is through strong and dedicated
management system for better achievement.

8. Assessment of risk
To minimize risks behind the business process as entrepreneur we have tried to
analyze different aspects that may lead to risk .The main areas prone to risk of the
business are financial, poor management system, Marketing plan and in
appropriate use human power that have direct or indirect effect on the business.

To overcome problems aroused the following techniques will employed before

opening the business:

 Undertaking marketing research based up on the demand and customer feed

back
 Creating strong financial management system through strong audit on timely
basis
 Properly training and retraining the workers to become more productive
 Minimizing Expense and maximizing profit as a much as possible
 Conducting customer service from time to time and identifying gaps
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9. Financial Plan
This business is going to start with a capital of 700,000 Birr that will obtained from
:

1. Bank Loan --------------------------------------------------------400,000

2. Owner’s capital ………………………............................300,000

The financial need for different material and services is as follows

1. Fast Food services……………………………................. .115

2. Cultural food…………………………………….....................105

3. Soft drinks……………………………………...........................63

4. Computer training and technological services….780

5. Hot drinks……………………………………….........................14

6. Play station………………………………………........................70
9.1 Forecasted income statement for the next five years
Y1 Y2 Y3 Y4 Y5
Revenue
Sales 1million 1.05millio 2million 3million
n
Office sub exp 6000 7000 8000 8000 9000
w/shop sub 15000 15000 17000 18000 22000
exp
Custom exp 35000 40000 45000 50000
Transport exp 15000 17000 18000 20000 21000
H.Rent exp 12000 14000 16000 17000 200000
Income 350000 332850 446245.5
tax/35%
Net income 319200 402150 667870 1007300
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Table 9.1 Forecasted income statement for the next five y

9.2 Forecasted balance sheet for the next five years

Asset Y1 Y2 Y3 Y4 Y5

1 cash 635,000 680,000 750,000 765,000 850,000

2 vehicle 30000 23000 20000 15000 0
3 machine 10000 10000 10000 10000 10000
Total 675000 682000 780000 790000 860000
Asset
No Liability Y1 Y2 Y3 Y4 Y5
1 Bank loan 400000 300000 200000 100000 0
2 Owners capital 300000 770000 110000 145000 1985000
Total Liability 700000 107000 310000 245000 1985000
2 Owners capital
A.Demaka’s cap 120000 220000 300000 400000 500000
B.Bekuma’s cap 80000 200000 290000 395000 500000
C.Meseret’s cap 50000 180000 260000 380000 495000
D.Amarech’s 50000 170000 250000 375000 490000
cap
Total capital 7000000 1070000 1300000 1650000 1985000

9.3 Forecasted cash flow statement for the next five years
Y1 Y2 Y3 Y4 Y5
Cash flows from 500,000 600,000 100,000 800,000 850,000
operating activities
Beginning
Ending
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10 .Appendix
Green Land Multi Bossiness center start the movement is by recognizing legal
form of owner ship to the family and to pay land to the town administration by
improving family financial statement and the business together when once the
business start it activity become many documentation that support these business
plan component such as magazines, computer center, shop and other must support
the business .

Reference
1.priciple of accounting 6th edition (Fess Warren)

2.individual contribution of ideas and knowledge

3.our teacher guide line

Business plan , Green Land Multipurpose Business cente 2022
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Business plan , Green Land Multipurpose Business cente 2022
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