Resources Needed For Business Plans And Feasibility Report

Resources Needed For Business Plans And Feasibility Report


Resources Needed For Business Plans And Feasibility Report
Resources Needed For Business Plans And Feasibility Report – has been to enlighten you the reader, the prerequisites of a Business Plans and a Feasibility Report/Study. This article is free for all to read on the issues of Business Plans and Feasibility Report. But emphasis here is on Resources. 


Resources can be referred as in stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively in his or her business. 

These resources are needed when we talk about business plans and feasibility study on business startup or expansions. 


Looking at the cumbersome details in a business plans and a feasibility Report, several persons need professionals like us to prepare one for their business or for bank loans.

Several Related topics has been written on Resources Needed For Business Plans And Feasibility Report, Some of which are;  




As a matter of facts, several persons Needs a Winning Business Plan and a Feasibility report ASAP, while others are battling on what should be included in a feasibility study and business plan.

Don't worry yourself, Chris Farm Nigeria is here to give you your optimum desire in Business Plans and Feasibility Study.  

Feasibility Reports actually tells more on investigates, details, factors that will determine if the business is feasible or not. That is to say if the business worth the time, effort and resources needed. 

In like manner, Feasibility study/report reveals the profit potentials of a business idea or opportunity to the entrepreneur, while a business plan helps the entrepreneur to raise enough capital for the business startup. 

Let’s look at Resources in details; 

As a matter of fact, Resources could be a person, asset, material, or capital which can be used to accomplish a goal or a task.

One can also say that resources are action or strategy which may be adopted in adverse circumstances in a business.

TYPES OF RESOURCES 

  • Human resources or man power 
  • Finance (capital)
  • Equipment 
  • Technology 
  • 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 

  • Accessibility 
  • Maximum safety 
  • Best use of space 
  • Minimum distance 
  • One-way flow 
  • 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 

  1. The stock consists of all goods and materials that are stored by an organization 
  2. 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 

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.



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.