.

3 OWNERS PROFILE AND BACKGROUND

The owner of the proposed business will be Victor Ndung’u Kamau and is also the manager. Age
20 years and he resides from Kenol, Thika and am currently pursuing Certificate in Information
Communication technology in Thika Technical Training Institute. From the year 2003-2011 I
was in Blessed academy where I attained KCPE certificate. From the year 2011 to 2015 I
enrolled in Kirogo boys High school and I attained KCSE certificate.

1.4 FORM OF OWNERSHIP

The business will be a sole proprietorship form of business where the owner will be the
Manager. The choice occurred because; profits are entirely on the owner hands, there is freedom
of action and control of the business.

1.5 TYPE OF BUSINESS

Tyretec services is a standard retail tire shop. It’s a type of business that someone with little
schooling and no business background and training can start. The proposed business will be a
startup since it’s going to start from zero.

The business will deal mainly in selling tires and offering services like Tire installations,
replacing tires, tire repairs, wheel balancing and alignment, retailing of tubes, air pumping, Oil
change etc. The business will also be involved in retailing new passenger vehicle tires, used
passenger vehicle tires and heavy duty vehicle tires like trucks.

The business will be registered in the court council who will issue a license thus allowing the
business to operate in the town.

1.6 PRODUCT OR SERVICES

Tires and wheels come in different sizes, shapes, and prices. There are tires for sports vehicles,
trucks and commercial vehicles. The business is in the Retail Market for Auto Tires Industry to
service a wide range of customers and of course to make profits, which is why we will ensure we
go all the way to make available a wide range of tires from top manufacturing brands in Kenya
and other countries of the world.