STAGES OF FINANCE

Stages of finance for the idea base on the life cycle of SHONA APP. We expect the product have the
following stages;

Development stage

Introduction stage

Growth stage

Maturity stage

Decline

DEVELOPMENT STAGE

In this stage the app is develop the following cost will be incurred;

COST USAGE

AMOUNT 'TZS'

Registration fee to BRELA

290,000/=

Design cost

2,300,000/=
Transport cost

100,000/=

Registration fee to the App market

227,700/=

Purchase of computer machine

900,000/=

TOTAL

2,917,700/=

INTRODUCTION STAGE

Introduce SHONA APP to our customers (tailors)

GROWTH STAGE

This is a stage of competition our product gain customers after introducing it. Here we expect a
market competition from our competitors. In this stage we will incur the following costs in order to
maintain or customers;

COST USAGE AMOUNT 'TZS'

Advertisement and promotion cost 500,000/=

MATURITY STAGE
This stage we need to gain more or new customers, for this to happen we will incur the following
costs to the product;

COST USAGE

AMOUNT 'TZS'

Reengineering costs (updating costs)

460.000/=

DECLINE STAGE

This normally is a decline stage for any product. Any business avoids this stage. Us we will increase
creativity to also avoid the decline of SHONA CHAP.