Personal Productivity, Business Plans And Feasibility

Personal Productivity, Business Plans And Feasibility 

Personal Productivity, Business Plans And Feasibility
Personal Productivity, Business Plans and Feasibility – starts with Communication between you and your investors. This is a free guide to business success for all entrepreneurs. It exposes you the reader into the basic facts of Personal Productivity, Business Plans and Feasibility report for effective startup, business preparation and business success via using effective Communication. 

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Communication is the transfer of information between people, which usually result in an action. It involves a sender and one or more receivers 

A message, which is transferred or sharped between two or more people 

It is a two-way process. The transfer of the message resulting in some kind of response

ELEMENT OF THE COMMUNICATION PROCESS 

  1. The sender 
  2. The receiver 
  3. The message 
  4. Encoding 
  5. Decoding 
  6. Feedback 
  7. Noise 

SEVERAL FACTORS CAN INFLUENCE THE COMMUNICATION 

  1. Personal perception 
  2. Emotion 
  3. Context 

FORMS OF COMMUNICATION 


Verbal and non-verbal communication 

Non-verbal communication uses means that you do not require talking or writing 

  • Body language 
  • Eye contact 
  • Postures and gestures 
  • Voice 
  • Facial expressions and body movement 

Think; have you found yourself in a situation where you tried passing across a message, but you where misunderstood? In what context was the message sent? 

Job instruction and feedback 

Job instruction; a step by step (structured) on-the-job training method in which a trainer;

  1. Prepares a trainee with an overview of the job. Its purpose, and the results desired. 
  2. Demonstrates the task or the skill to the trainee
  3. Allows the trainee to mimic the demonstration on his or her own.
  4. Follows up provide feedback and help 

Giving job instructions 

Feedback; feedback is the response of the receiver to the message of the sender or the opinion of a manager on the performance of his/her staff. 

Feedback can be positive or negative 

Positive feedback; 

  1. It praises what has been done well 
  2. It helps improve the performance of people continuously. 
  3. It shows the staff their strengths and weaknesses 
  4. It builds trust between people through open and communication 

Negative feedback;

Points out the deviation and suggests correcting actions 

STEPS IN GIVING FEEDBACK 

Remind receiver of his/her objectives 

Describe the positive consequences then the negative consequences. To gain your recipient’s commitment to change, describe the positive consequences of the behavior that you are discussing. If your recipient is still resisting you will need to describe the negative consequences of his behavior. 

Set a plain for change or discuss solution. The outcome of this process is a commitment from the recipient on not repeating the mistake and a plan to change that should include agreement on the stated problem and a detailed action plan.

Confirm what was agreed upon.

Follow up to make sure the task is done. 

RULES IN GIVING NEGATIVE FEEDBACK; 


When giving feedback specify the wrong behavior and its impact 
  • Do not generalize, for example, do not say, “Your performance is bad”, but say, “the way you handled the conflict between your staff was…” 
  • Specify how you feel about such behavior
  • Do not say; “it is obvious that you have lost interest in your work, “but say;” You have been arriving late to work since the first of this month”. 
  • Feedback should be well timed, it should be given as closed to the event as possible and should not be given when you are angry or upset, feedbacks that state what is done well as well as what is not are constructive. 
  • People are more likely to consider negative feedback when it is given in private. Never tell off your employees in public 
  • Again do not give feedback when you are angry or upset.
  • Do not bombard the receiver of your feedback with a larger number of issues. 
  • If the behavior requires discipline, do not threaten you subordinates, apply the disciplinary action immediately and inform him/her of it after applying the above steps. 


DELIVERING EFFECTIVE PRESENTATION 

1. Structure of a presentation 

2. Say what you are telling 

3. Say what you have told 

PREPARING EFFECTIVE PRESENTATIONS


1. Establish the objective of the presentation 

2. Know and understand your audience 

3. Decide on the contents 

4. Create a structure 

5. Prepare visual aids and notes 

6. Rehearse 

7. Apply the rules of successful communication when presenting 

8. Seek audience’s feedback and answer questions 

RULES OF SUCCESSFUL PRESENTATION 


1. Use proper language 

2. Use proper non-verbal languages to emphasize your points 

3. Do not distract your audience and draw their attention away from your message 

4. Add stories, anecdotes, testimonials, comparison, and demonstrations to keep your audience interested 

Pounder point 


Did you ever attend a seminar where you were engaged with the speaker’s dialogue? What kept you engaged? 

Or were you bored and distracted? What did the speaker do wrong? 

Great presenters are not born, they are trained 


CONDUCTING EFFECTIVE MEETINGS 

Hold a meeting if you need to

1. Solve a conflict 

2. Obtain a group decision 

3. Define or solve a problem 

4. Need to obtain or give information about important or sensitive issues. 

5. Get support for a project or an idea 

6. Fine new ideas 

7. Inform about work progress 

Do not hold a meeting if; 

1. There is no specific objective 

2. No need for a group objective 

3. There is a better way to achieve the same results 

4. There is no benefit from meeting 

5. An important person is absent 

6. The cost is higher than the benefit gained from the meeting 


What is an effective meeting? 

An effective meeting is well prepared, well organized and well conducted 

• Planning for a meeting means you must decide what you want the meeting to achieve, and how it will do it.

• This indicates the purpose of the meeting which will help you decide on whose presence would help achieve it. 

What is motivation? 


A conscious or unconscious driving force that arouses and directs action towards the achievement of a desired goal 

Examples of unconscious motivations are; 

  • Your desires 
  • Your Impulses 
  • Your memories 

Motivation is a driving force and power influence for good or ill 


HUMAN BEHAVIOR THEORIES 

  • Theory of needs of Abraham maslow 
  • Theory x and Theory y of Douglas McGregor
  • Theory of two factors of Fredrick Herzberg 
  • Theory of expectancy 

• Hackman’s and Oldham’s viewpoints about the fundamental characteristics of the work that create an internal motivation 

THEORY OF NEEDS OF ABRAHAM MASLOW 

Physiological needs; needs for food, air, water, sleep

Safety needs; once the needs of our body are satisfied we look for security and stability 

Social needs; once the safety needs are satisfied, an individual works on satisfying the social needs, social needs are the next important needs that a person works to satisfy. These need include affection, friendship, and belonging 

Esteem needs; these include self-respect and achievement 

Self-actualization; the final human goal is self-fulfillment, ie the development of our full potential in whatever field our talents lies 

Theory x and Theory y of Douglas McGregor

  1. Theory x; by nature people do not work and will avoid doing it if possible.
  2. People should be offered rewards to work, and threatened with punishment if they don’t. 
  3. People, like being controlled, and directed to avoid responsibility, have little ambition and desire security 

Theory y; people like to work under the right conditions;


  • If committed to objectives, people will direct and control themselves rather than being controlled from above 
  • People will be committed to the objective if getting enough personal satisfaction from work 
  • People will learn to accept and to seek responsibility, if the conditions are right

Theory of two factors of Fredrick Herzberg

Factors causing job satisfaction are quite different from the factors that lead to job dissatisfaction 

MOTIVATING FACTORS

1. Achievement

2. Recognition

3. Work itself 

4. Responsibility

5. Advancement 

Activity 

1. Now answer the following question to see how far you agree that each of these are motivating factors ; yes/no 

2. When you have completed a difficult job to your own satisfaction, and can see the effects of what you have done, does it make you feel as if you want to do even better? 

3. Do you feel more motivated when you are enjoying your work? Than when you find it boring or unpleasant? 

4. If you feel that you are in control of, and responsible for, what you are doing, this make you better motivated to do a good job?

5. Are you motivated by the possibility of promotion or of moving on to more interesting or more rewarding working? 

If you answered yes to all the question, then you totally agree with him, but if your answer is “no” to some, then you did not totally agree with him. Please note, it does not have any harm either yes/no, is your choice 


MAINTENANCE FACTORS

1. Working conditions 

2. Policies and administration 

3. Style 

4. Supervision

5. Interpersonal relations 

6. Salary 

7. Status 

8. Job security 


The causes of satisfaction at work lie in the content of the job, the causes of dissatisfaction lie in the working environment 

Theory of expectancy

Motivated employee wants to achieve target that their mangers has set. When motivation is high, improve performance usually result. 


Man never plans to fail, he only fails to plan!


As a matter of facts, FEASIBILITY STUDIES demonstrate to a prospective project owner or investor that a given concept is financially viable and whether further study and/or a business plan is warranted.

Similarly, For a feasibility study, basic data is obtained from the client through a series of queries, questions and meetings, wherein the client provides some of the research and other data and facts need to be gained from a variety of sources.

In like manner, the typical feasibility study contains, among other items, notes on financial projections, a general description of the business, general details describing how the company / project will be formed, managed and marketed, statements concerning the competition and a cash-flow projection based on averages. Further notes can be included as to general details of the project and revelations found during the research stage. The study will normally be completed quickly and in very general format compared to that of a business plan. A feasibility study should answer five questions.

  1. Will it work or not?
  2. Is it profitable or not?
  3. What will it basically cost to fund or start?
  4. Is it worth doing?
  5. Is it worth commissioning a business plan?

As a matter of direction, A Business Plan is a detailed blueprint for building a given company. A business plan contains all that the Feasibility study has plus specific time-lines, detailed budgets with monthly and seasonal forecasts, letters of intent, resumes of staff, background, competition, strengths & weaknesses, work sheets and full notations, appendix and all related and required documents that will be referenced as the company is being developed.

Secondly, A well-written business plan will show exactly what revenues can be expected and when to expect them, what overheads and expenses will need to be paid and exactly when they will be due.


Similarly, It will also show staffing levels and salaries along with costs of employment, sales levels with monthly and seasonal trends, setup costs, building/office costs, utility and telephone costs, legal, insurance and accounting costs, office furniture and supplies costs and a myriad of other costs and projections as well as legal requirements and conformation to regulations.

In addition to the said facts, the projections and costs, the business plan will feature sections on demographics, sales and sales methods, objectives, expansion plans, contingency exercises, product/services market introductions, regulatory requirements, laws of City, State and Federal government relating to the business / project and much more.

In conclusion, A well-written business plan can help maximize potential and minimize overheads, liabilities and risk associated with any project.

Man never plans to fail, he only fails to plan!


Finally, A feasibility study and a business plan are totally separate documents and each do a very specific job. The costs associated with each are also completely different.

Lets Develop A Business Plans And A Feasibility For You  


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

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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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