Resources In Line With Your Business And Bank Prerequisite For Bank Loan/Grant Via Presenting a Business Plans

Resources In Line With Your Business And Bank Prerequisite For Bank Loan/Grant Via Presenting a Business Plans 

Resources In Line With Your Business And Bank Prerequisite For Bank Loan/Grant Via Presenting a Business Plans
Resources In Line With Your Business And Bank Prerequisite For Bank Loan/Grant Via Presenting a Business Plans - is a free article for all who wants to go into Business, either as an investor or Business Personnel. 

Resources In Line With Your Business Plans, Bank Prerequisite For Bank Loan/Grant Via Presenting a Business Plans and a feasibility study is designed to helps you, the business owner, to break down your business into bankable form for any investor to invest in.  Most business has great ideals, but no finance or good bankable Business Plans or feasibility study to encourage your investor to invest or help you bring your idea to reality.

Furthermore, several writers has written a lot on Resources In Line With Your Business And Bank Prerequisite For Bank Loan/Grant Via Presenting a Business Plans, of which some of them are as follows;


Most people mix oranges with apples in their business plans and feasibility report, making it impossible for any investor to invest in their business. There is need to put your business Aright, either for Bank loan, Grant, Government Funding or even personal funding. It gives the business a future and an expectation with time. 

Before going into the pure Business plans and feasibility Study, there is need to let you know so perquisite in business generally, stating with Types of resources in your business;


Types of resources



  1. Human resources or man power 
  2. Finance (capital)
  3. Equipment 
  4. Technology 
  5. Material resources 

Steps To Manage Resources



  1. Deciding what you want to achieve 
  2. Making plans to achieve it 
  3. Specifying the necessary resources 
  4. Locating, acquiring and preparing those resource 
  5. Controlling and organizing these resources to best effect 

EQUIPMENT VS TECHNOLOGY



  1. Equipment is a part of technology 
  2. Equipment is tangible 
  3. Equipment can be controlled 
  4. Technology includes factors that maybe beyond our control 

Planning for these equipment

Process plan; a process plan is a key document in production which shows the exact operations as well as input and out for each operation on the business

CREATING CAPACITY REQUIREMENT PLAN


  • Helps to monitor production expectation 
  • Helps to improve production process 

Mistakes In Acquiring Equipment’s


  1. No real need 
  2. Equipment’s not suited to our infrastructure and environment 
  3. Purchasing equipment’s with missing technical documents 
  4. Spare parts difficult to source 
  5. Lack of capable technicians within the enterprise 

Concerns In Acquiring Equipment


  1. Suitability 
  2. Cost 
  3. Energy consumption 
  4. Labour requirement 
  5. Input material requirement 
  6. Adaptability 
  7. Environment influences 
  8. Other factors 


Arranging the equipment


  1. Accessibility 
  2. Maximum safety 
  3. Best use of space 
  4. Minimum distance 
  5. One-way flow 
  6. Minimum discomfort 

Difficulties in using equipment’s

  • Improper training 
  • Machinery breakdown 
  • Insufficient equipment 
  • Inappropriate use 
  • Incorrect use or Abuse of our equipment 

Criteria for evaluating equipment operation



  • Downtime; the time during which a machine is out of action or unavailable for use 
  • Operating speed 
  • Defect rate 
  • S,M,E,D (single minute exchange of die) 

STOCK AND INVENTORY



  • The stock consists of all goods and materials that are stored by an organization 
  • Inventory is a list of items that are being stored i.e raw materials and finished materials 

MANAGING INVENTORY


Dependent demand method; it is assumption that the demand for an item is directly related to the demand for other items, with this relation used to control sticks

INDEPENDENT DEMAND METHOD


An assumption that the demand for an item is independent of the demand for any other item. For eg a car; as a finished goods but is held in independent demand item.

Principles of stock control

Problems of holding stock

High stock = high expense

Low stock = high risk

As SME, we have to not that stock is an expense not a source of profit

COST ASSOCIATED WITH KEEPING STOCKS


Fundamental principle of keeping stock control state that; Keep the minimum stock in the minimum amount space for the minimum period of time.

DEPENDENT DEMAND METHOD

Just-in-time (J.I. Method) is an inventory strategy company employ to increase efficiency and decrease weight. This forecast demands accurately

Materials requirement planning (MRP); it is a sales forecast-based system used to schedule raw materials, deliveries and quantities, giving assumptions of machines and labour units required to fulfill a sales forecast.

Manufacturing resource planning (MRP II); integration of additional data such as employee and financial need.

INDEPENDENT DEMAND METHOD SYSTEMS OF STOCK CONTROL


  • Perpetual inventory 


  1. Stock is checked regularly 
  2. New order is placed 

  • Periodic inventory 

  1. Stock is checked periodically 
  2. Orders are placed accordingly 
  3. Ordered quantity vary from each other 

Factors in determining the quantity of order


  1. Quantity of the stock ordered 
  2. Average usage level 
  3. Cost of placing an order 
  4. Stock cost 

Periodic inventory system = open to buy method

This method helps you to figure out how much inventory you have to buy on a monthly basis to make sales projections

Ensure correct inventory level

Perpetual system inventory = economic order quantity method

Minimizes total annual inventory holding and ordering cost

Two most important inventory cost are;

Ordering cost; cost that is in cure by obtaining additional inventory, they include cost in cure on communication the order, transportation cost

Carrying cost; cost in cured by holding inventory in hand. They include the opportunity cost of money held up in inventory

Orderly cost and carrying cost are quite opposite to each other, if we need to minimize carrying cost, we have to place small order, which increase the ordering cost. If we want to minimize our ordering cost, we have to place few orders in a year, and this requires placing large order which in turn increase the total carrying cost for the period. We need to minimize the total inventory cost and the economic order quantity model help us to do that.

Total inventory cost = ordering cost + holding cost

Factors considered in managing cost

Delay time; delay time is the time from the order to the delivery of materials

Safety stock; the amount of shock you should carry to protect yourself against unforeseen delivery delays and to allow for potential increase in use

Average use; is just a rate at which the stock is use

The re-order point is the level at which the enterprise should place a new order to ensure that the stock which is place during delay time does not eat into the safety stock

What does work mean or characteristic of work?


  1. Starting and ending point 
  2. Specific outcome 
  3. Requires certain resources 
  4. Unique 
  5. Not urgent, because, you cannot plan for a task that is urgent 

Problems that arise in SME’s


  1. Insufficient resources 
  2. Unforeseen difficulties 
  3. Misunderstanding 
  4. Poor coordination 
  5. Inefficient use of resources 

ROLE OF PLANNING


  1. Planning helps us achieve the practical objectives set as SME’s before staring a task 
  2. Clear guidelines to achieve task 
  3. Organize work effectively 

ROLE OF CONTROLLING


  1. Identify and solve problems timely 
  2. Mitigate risk 
  3. Adjust plans to incorporate changes 
IMPLEMENTATION PROCESS
  1. Define objectives 
  2. Develop a plan 
  3. Implement the plan 
  4. Check progress of plan 
  5. Make adjustments 

PLANNING OUR PERSONAL WORKS


  1. Goals and objectives 
  2. Tasks to be done 
  3. Time needed to complete task 
  4. Importance of job at hand 

TIME MANAGEMENT


  1. No one can manage time 
  2. We can only manage the way we use our time 


DETERMINE THE ORDER OF WORK


  1. Level of importance 
  2. Level of urgency 

TOOLS FOR ARRANGING WORK SCHEDULE


  1. Personal calendar 
  2. Weekly, monthly schedule 
  3. To-do list 


PRINCIPLES FOR ARRANGING WORK SCHEDULE


  1. Understand object clearly 
  2. Know your priorities 
  3. Distinguish between long-term, short-term, and daily plans 
  4. Have a contingency plan 

CONTROLLING OUR PERSONAL WORK


  1. Review your work schedule 
  2. Review work priorities
  3. Promptly identify and solve any emerging issues 
  4. Adjust your work schedule to accommodate changes 

OTHERS WAYS OF CONTROLLING WORK


  1. Review work results at the end of each day, week or month 
  2. Remove completed tasks from your to do list 
  3. Reschedule uncompleted tasks when necessary 

OTHER TIPS


  1. Document management 
  2. Say “NO” 
  3. Training and delegation 

PLANNING PROCESS 


  1. Define work 
  2. Identify task 
  3. Determine sequence of task 
  4. Allocate resources 
  5. Implementation and control 

DEFINING WORK

  1. Objective 
  2. Scope
  3. Constrain 


IDENTIFY TASK


  1. Implementation process 
  2. Function 
  3. Deliverable

DETERMINE SEQUENCE OF TASKS


  1. Arrange work items logically to form an implementation flowchart 
  2. Find out if tasks occurs independently or in parallel with other tasks 
  3. Reconsider the order 
  4. Identify external factors that may affect completion of task
  5. Identify tasks that need to be further broken down 

ALLOCATE RESOURCES

For each task we need to identify;
  1. Who will be responsible
  2. Who will be involved 
  3. Who will assume each role; implementation review and approval 


Why the worry, when Chris farm Nigeria specializes on such issues, Contact them today to fix that up for you.

On the issues of grant, and government financing issues, Chris Farm Nigeria has written several thousand business plans and feasibility reports for candidate who finally won the competitions and also got the fund on the long run.
Instant of going around, and putting yourself on the horns of dilemma, Specialist can help you do the job.




Catfish Production, Farming, Marketing, Business Plans and Feasibility Report


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

   Click other related clicks that may interest you below;

 

Acceptable feasibility study and business plan for bank loans

Feasibility study on piggery farming business Agbarho community, delta state 

A PREPARED FEASIBILITY STUDY FOR CATFISH FARM IN NIGERIA 

“How to own, manage, and make millions from catfish farmingbusiness” BEST SELLER  

HOW TO OWN A MEGA FISH FARM BUSINESS IN NIGERIA

FLOATING FISH FEED PELLET MACHINE

TIPS ON BROILERS PRODUCTION AND ACTUAL VACCINATION –PROGRAMME AND TREATMENT

TIPS IN POULTRY MANAGEMENT

Sales of battery cage system in Nigeria

CASSAVA PROCESSING MACHINE

GRASS CUTTER/ CANE RAT PRODUCTION, BEST SELLER

How to handle and manage Snail farming

Rabbit Management

MANAGEMENT OF RABBITS, BEST SELLER



·         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.

HOW TO PLACE AN ORDER NOW?

Payment Methods 


  • Bank Deposit 
  • Electronic Fund Transfer or western money transfer 
  • ATM cash Transfer 
This payment method requires the customer to deposit, Electronic
Fund Transfer or ATM cash Transfer directly from his/her account into any of CHRIS FARM NIGERIA bank accounts.

If it is an E-Book, project materials, written project or written feasibility study, it will be sent to your immediately as soon as your transaction reflects in our account.

Please note; it will take ten working days to write (or prepare) a feasibility study or a project on your request.
Our bank details are on the website page, Just click on payment to get them

After placing your order, SMS your payment information (Manual title,
Name on teller, payment teller number, and your e-mail address)
E.g. catfish, Kelechi Bisi Amina,531796,allpurpose@yahoo.com
To +2348036925718 or +2348051270981 once I confirm your payment.
The material will be sent to your immediately! By e-mail Trust us 100% to do that.

Advantages of sending your request via email your e-book (electronic book) is downloadable from your e-mail box which allows you to read and print out this book

• Zero shipping costs.
• No wasting time, forget having to wait weeks for postal delivery.
• No risk of products lost in the mail or damaged

Thinking that we might live you after your purchase? Definitely no!
With the CBN policy in Nigeria via bank verification number (BVN), is almost impossible to steal your money from bank transfer or bank payment.

We assure you of maximum support when you need us. Please, do not hesitate to ask us for the way forward.  

Get in touch with us today on our phone numbers or send us an email. We await your response……………………….

WRITTEN AND COMPILED BY CHRIS FARM NIGERIA

WEBSITE: www.chrisfarmnigeria.com
EMAIL: chrisfarmnigeria@gmail.com
PHONE: +234(803)-692-5718 or +234(805)-127-0981
LIKE US ON FACEBOOK: www.facebook.com/chrisfarmnigeria 
FOLLOW US ON TWITTER: www.twitter.com/chrisfarm9ja

• A big thank you for your patronage in advance

Your Success, Is Our Optimum Desire

AT Chris farm Nigeria, We Deliver the Best Services…
  
Other services we render are displayed on our advert below;

 ADVERTISEMENT

  • We provide feasibility study/business plan for new and existing businesses
  • We help you to recruit staff for your company, firm or organizations
  • We help you in registering your company, firm or organizations
  • Suppliers of any food stuffs
  • Building contractor (especially building houses, constructions of ponds)
  • Provides Architect for any design
  • Help you in getting loans
  • Sales of fingerlings, table size catfish, chicks, Grass-cutters, rabbits, snails, and many more
  • Farm design
  • Feed formulation for general livestock, including
  • Floating/Sinking Fish feed
  • Soybean oil processing, Teachings on how to test soybean cake,
  • Teaching on how to remove the gummy and unpleasant smell of soybean oil
  • Palm Oil/Palm nut cracking
  • Fish Farming (Pond Construction and Fingerlings distribution)
  • Poultry farm (plus marketing ideas)
  • Rabbit farming
  • Snail Farming
  • Grass-cutter/cane rat Farming
  • Commercial Crop Farming
  • Handwork/Workshop Plan
  • Pure Water Business
  • Nylon production
  • Professional Website design (cooperate and personal)
  • Bulk SMS (plus re-seller website)
  • Business Software Design
  • Logo design plus company slogan
  • Printing Press (Graphic design, lithography, banners, poster, handbills etc)
  • Sales of battery cage for livestock farming all over Nigeria
  • E-books on; Broilers farming, Layers farming, Grass-cutter farming, Rabbit farming, Pig farming, Catfish farming, and many more……
  • How to own, manage, and make millions from catfish production (Most demanded)
  • Projecting writing, Sales of written projects, and many more……


Related Topics includes;

Powered by Blogger.