Human Resource Management (Business Plans and Feasibility Study for any Business)

Human Resource Management (Business Plans and Feasibility Study for any Business) 


Human Resource Management (Business Plans and Feasibility Study for any Business)
Human Resource Management (Business Plans and Feasibility Study for any Business); this is a free guide that give us a free hit on Human Resource Management, Business Plans and Feasibility Study for any Business either new or existing Business. 
 

There is need to know the meaning of Human Resource planning, which is a process of forecasting the organization’s demand for and supply of manpower needs in the near future. It also means; finding the right number of people for the right kind of job at the right time and the right place. It also anticipate the vacancies that might arise due to promotion, transfers, retirements, terminations, plans of man power accordingly. 

In relation to Human Resource Management, Business Plans and Feasibility Study, there are other similar searches that bottle down to your desired search, some of which are; 

ALSO READ; PERFECT POULTRY BUSINESS PLAN & A FEASIBILITY STUDY IN NIGERIA

Establishing your HR plan, you must ensure that it aligned with the business objectives. This what make your plan valid? 

Business plan – identify;

Human Resource Management (Business Plans and Feasibility Study for any Business)


The HR plans can easily be adjusted at any time to suite your companies needs at different stages. 
Your HR plans are created on the back of your company action plans, which is based on your business objective. Your HR policies, be it recruitment, compensations, training, appraisal are not fixed regulation, this rather are flexible and they are design to suite each development stage according to the relevant objectives, HR should be legal, public, logical and reasonable. For eg; if statutory maternity is three months, your policy should be compliant and reflect this. 

HR policies should be based on company objective and realized through the company’s action plan. 

WHAT WOULD HAPPEN WITHOUT HR PLANNING? 

  1. Only a focus on solving problems case-by-case 
  2. Waste of human resources when investing without a focus and alignment with common objective 
  3. HRM is reduced to only managing the administrative aspects of HR 
  4. Ineffective management of HR budgets 
  5. Loss of good employees 

Trying and error is not an effective management strategy because it increase risk and it is costly in terms of time and money 

Planning is a useful solution to information the company where it is, what has to be done and how to minimize risk.

ALSO READ; Integrated Poultry Business (Poultry,Fishery, Plantations,Piggery, Cassava) Get A Business Plan

What is HR MANAGEMENT? 

HR management is concerned with the management of employees from recruitment to retirement or from entry to exit. HRM is all about acquiring services of people, developing their skills, motivating them to the foremost level and making sure that they continue to maintain sure that they continue to maintain their commitment towards the organization.

HR covers the fields of 
  1. Staffing 
  2. Retaining 
  3. Pays 
  4. Benefit 
  5. Performance 
  6. Change management 
  7. Taking care of exit from the company 


When you put HR Planning and HR Management together, what is the connection? HR management may be describe as a house while HR is the foundation 

Human Resource Management (Business Plans and Feasibility Study for any Business)

ROLE OF HR DEPARTMENT/MANAGER 

1. Formulating of certain strategies and execution of the same towards the realization of the company’s vision 
2. The department performs advisory function 
3. Assisting line manager 
4. Familiarity with the functions of the different departments 
5. Ensure compliance with employment (labour) laws 
6. HR Dept/manager is there to manage employee records, make sure they are accurate, up to date, easily accessible 

ALSO READ; Palm Oil Plantation Business Plans And Feasibility (Get an irresistible one)

The various HR processes 

1. Human resource planning 

Human Resource Management (Business Plans and Feasibility Study for any Business)

2. Employee remuneration and Benefit Administration 


Human Resource Management (Business Plans and Feasibility Study for any Business)

3. Performance management ; for e.g; is a continues process of setting objectives 


Human Resource Management (Business Plans and Feasibility Study for any Business)


4. Employee relations 

Good HRM = Top employee retention 


Human Resource Management (Business Plans and Feasibility Study for any Business)

Planning is what helps to link HRM activities with your business goals. So must not be carried out spontaneously or independently of your company goals 



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Engage CHRIS FARM NIGERIA to give you a professional business plans and a feasibility that will suit you demand today.


Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.

For your Agribusiness, either production, processing, marketing of any Agro-industry, our feasibility studies or business plan are explicit.

Generally, our feasibility study and business plans are developed so well that it becomes irresistible when you show them to your investors or sponsors. It gives you a clear picture of what you are expected to see when you put the feasibility study or business plans into use. It also shows how much it will cost you to own your desired business, what your money can afford. The kinds of product you will need to minimize input in other to maximize output, and how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. This will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. With that, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.


You can use this format in developing your own business Plans and feasibility Study 

OUR TABLE OF CONTENT INCLUDE;

  • SECTION I – EXECUTIVE SUMMARY
  • NAME OF BUSINESS / COMPANY
  • OFFICE & SITE LOCATION
  • MOTIVATION
  • MISSION STATEMENT
  • SOCIAL/ECONOMIC VALUE
  • PROJECT STATUS & START UP
  • WHY PREPARE THIS BUSINESS PLAN?
  • SECURITIES FOR THE PROPOSED LOAN
  • REPAYMENT
  • SECTION II – STUDY AREA
  • STUDY AREA
  • COMPANY OVERVIEW
  • MANAGEMENT TEAM
  • DEPARTMENTS IN THE COMPANY
  • EXPERIENCE
  • MANAGEMENT TEAM GAPS
  • SECTION III – INDUSTRY ANALYSIS
  • DEFINING YOUR INDUSTRY
  • YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS
  • INDUSTRY STRUCTURE
  • MARKET OVERVIEW
  • MARKET SEGMENTATION
  • RELEVANT MARKET SIZE
  • KEY SUCCESS FACTORS
  • LONG TERM PROSPECTIVE
  • MARKET CHARACTERISTICS
  • SAMPLING TECHNIQUE
  • SECTION IV – CUSTOMER ANALYSIS
  • TARGET CUSTOMERS
  • CUSTOMER NEEDS
  • MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS
  • BUYERS BEHAVIOUR
  • MARKET SHARE
  • SALES FORECASTING
  • SECTION V – COMPETITIVE ANALYSIS
  • DIRECT COMPETITORS
  • COMPETITIVE ADVANTAGES
  • SECTION VI – MARKETING PLAN
  • PRODUCTS & SERVICES
  • FINISHED PRODUCTS
  • PRODUCT QUALITY AND PRODUCTION QUANTITY
  • PRODUCTION CAPACITY
  • PRICING
  • PROMOTIONS PLAN
  • DISTRIBUTION PLAN
  • SECTION VII – OPERATIONS PLAN
  • GENERAL APPROACH TO PRODUCTION
  • TECHNICAL ANALYSIS / PRODUCTION PROCESS
  • EQUIPMENT
  • PACKAGING REQUIREMENTS
  • SECTION VIII – FINANCIAL PLAN
  • REVENUE MODEL
  • FINANCIAL ANALYSIS
  • FINANCIAL ASSUMPTIONS
  • FINANCE CHARGES
  • FINANCIAL PROJECTIONS
  • FUNDING REQUIREMENTS/USE OF FUNDS
  • CRITICAL ASSUMPTIONS



  • FINANCIAL MODELS
  • SUMMARY OF PROJECT COST
  • BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS
  • DEPRECIATION
  • UTILITIES
  • OPERATING EXPENSES (OPEX)
  • TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)
  • FINANCING PLAN
  • INSTALLED / AVAILABLE EQUIPMENT
  • BREAK-EVEN ANALYSIS
  • LOAN REPAYMENT SCHEDULE AND INTEREST PAID
  • FORECAST OF PROFIT AND LOSS
  • CASH FLOW
  • BALANCE SHEET
  • GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)
  • BUSINESS RATIOS - PROFITABILITY ANALYSIS
  • CONCLUSION
  • SECTION 3 – APPENDIX

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·         NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.

·        BUT, WE are permitted to display only executive summary.
·         This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State. 

·         1st sample;

These Feasibility study on poultry farming business (specializing on layers and boilers production), was conducted using projections, impressive publications, compounding interest/values, tables, graph, bar chart, pie chart, profits analysis and cash flow positions in other to give a clear picture of what is obtainable in that location, using eight plots of land, at Esemdiary village, Off Effurun Sapele Road, Okpe LGA of Delta state, Nigeria as a case study. 

Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi. 

Okpe Local Government is a territory that used to be part of the original Okpe Kingdom, its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration. 

After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria, it was discovered that, farming generally will do well both on crop and animal production.

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