Post on 29-Mar-2015
transcript
GROUP SIX
BUSINESS PLAN
KEMORABAT TRAVEL ENTERPRISES
P.O.Box 42243-00100 P.O. Box 7102Moi Avenue, William StreetNairobi, Kenya Kampala, UgandaTel: +254722883878 Tel: +256772919105
www;kemorabattravel.com
KEMORABAT TRAVELS ENTERPRISE
Vision:
To be the best Transport Service Provider in East Africa
Mission:
To provide comfortable and prompt services
Objectives:
To generate income and create employment To provide available and reliable services
Opportunities:
Current service provider in transport service are not meeting the demand needs
There is an increase in business transaction between the two cities as a result of reviving the East African Community
An ever increasing number of students from Kenya seeking education opportunity in Uganda’s institutions of learning
An ever increasing number of tourists visiting Uganda tourists’ attractions.
BUSINESS PARTNERS - DIRECTORS
Director Planning and Logistics – Mr. Kedar has an MA in Econ. Has experience in planning and logistics in ministry of Transport;
Managing Director – Mr. Ngoze has an MBA. Experience in management. In charge of overall Management, finance and accounting
Director Operations Management – Mr. Bata has a BSc. in Engineering. Has experience in motor vehicle maintenance and servicing
Director Sales and Marketing – Mr. Riley has BA in strategic Mgt. has experience in marketing and strategic management from the Ministry of Commerce and Industry
Business Location
Office
Office
Nairobi-Kampala Route
Detail Product and/or Services
One 50 seater commuter bus with air conditioner, comfortable seats, DVD player, TV for entertainment and baggage carrier.
The bus will ply between Nairobi and Kampala. The routes to be covered will be Nairobi-Kisumu-Busia-Jinja; and
Jinja-Kampala. Snacks and drinks will be offered as complements to commuters The bus will stop at Kisumu, Busia and Jinja for 15 minutes each
to allow the commuters to take rest. The service will be day service where it will leave Nairobi at 6am
and reach Kampala at 7pm. It begins the return service from Kampala to Nairobi at 6pm the
following day. This will enable the crew to rest and also commuters to see
sceneric features.
Schedule and Fare
Nairobi-Kampala - USD25.00
Departs Nairobi @ 6:00am – Arrive Kampala @ 7:30pm
Departs Kampala (next day) @ 6:00am – Arrive Nairobi @ 7:30pm
Travel mode: Day time
Strength Market and customers, Good road network, Reliable service, Safe to travel between the two cities, affordable, expertise in management and operations, experienced drivers and conductors, sceneric attractions which commuters can see, serving snacks and drinks to commuters, allowing our commuters to rest in various stations
and entertainment facility in the bus.
Customers and Suppliers
Customers (including channels and distribution): Businessmen, Professionals, Students, Tourists and others
Suppliers: Bus Company, Garage, Fuel Stations, Tyres and Spare part dealers, Stationery suppliers and Travel agency
TARGET MARKET
Financial Plan:
Assets purchase / leasing
Operational
funds
3. Required Funds and Fund Raising
Required fundsAmount(US$)
Fund raisingAmount(US$)
1 x 50 Seater Bus (Couch)4 Computers @ US2002 Fax Machine2 Printers3 Mobile phones @ US50Telephone/Internet
120,000800400200150500
Own capitals4 directors have contributed $18,000 each.
72,000
Loans from family, relatives – payable over 3 years @ zero interest rate per annum.
32,289
Sub Total 104,289
Insurance (Comprehensive)AdvertisementOffice rentalTLBSalaryFuelService feeSnacks and DrinksSpare PartsElectricityTelephone/internet billMiscellaneous
16520054045,8002,700501,2008004050690
Loans from Savings Credit and Cooperative Societies Payable over 3 years at 12% interest rate per annum at a reducing balance
30,000
Total (A) 134,289 Total (B) 134,289
Cont…4. Income Forecast (monthly average)
Operational
expenses
Start-up(US$)
1 year later
(US$)
Details of revenues, costs of products and operational expenses
Revenues (1) 33,750 37,125 Fares @ US25 x 45 commuters x 30 trips @ 90% capacity. 1 year later fares increase by 10%.Salaries – 2 crews @ $500 each, 4 office assistants @ $200 each & 4 directors @ $1000 each.Monthly rent over 3 years tenant agreementLoan principal & Interest on loan from SACCOSLoan principal on loan from Family & FriendsRepresents Insurance, Advertisement, TLB, Fuel, Service fee, Snacks & drinks, spare parts, electricity, telephone/internet and miscellaneousSub-total per month and 1 year later.
Costs of products (2) 0 0
Salaries 5,800 6,380
OfficeRent
540 540
Interests /installments
996897
996897
Others 5,899 6,488.90
Sub-total (3) 14,132 15,301.90
Incomebefore tax
Less 30% Tax
19,618.00
5,885.40
21,812.106,543.63
Final Net Income: 13,732.60 15,268.47
Cash Flow Projection: