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Obiechinna Vivian Business Plan

By Vivian Obiechina

Summary

1.1 The following report and recommendation relate to the proposal by vinchy tomato paste company at umuokpu Awka in Anambra state
1.2 The project would require a startup capital of 2, 587,000 made up of 2,000,000 for fixed assets and 587,000 for working capital
1.3 The enterprise vision is to be the best paste in the whole eastern part of Nigeria particularly in Awka
1.4 The project will be located in umuokpu Awka because of its easy accessibility to the farm where the raw material will be gotten easily and also because of its meanness to the market
1.5 A huge market is available for the business especially at Eke Awka main market.
1.6 The financial projections shows that the project would be financially stable and liquid by the time it mature. The sale figures stand at N1,380,000 for year 1, year 2 and year 3 respectively. Also, profit after tax are (800,000), and 2,400,000 and 2,900,000 for year 1, year 2 and year 3 respectively. The cash flow is equally good and encouraging by the second year through the third year
1.7 The competitive edge of the enterprise use in its ability to produce the best quality is rich and cannot be compared to other paste and this is gotten through buying and processing quality and best tomato that is very reddish and thick which can satisfy the taste of the customers.
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Uploaded by: Vivian Obiechina

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