EXECUTIVE SUMMARY
In Surveying the production of pure water business in my area of (PLACE HERE) North Local Government Area of (NAME) State with the name Drink and Relax Pure Water limited at (ADDRESS HERE) with Five (5) warehouse, phone number: +23480xxxxxxxxx, owned by (NAME HERE). This product drink and Relax Pure water limited is a company that was expensed by (NAME HERE) and family, It is a small scale business, the product is highly Hygienic in nature well packaged and store. The amount needed in financing this business is 5828,220 for the better establishment of the business. This product was issued by the corporal Afair Commission on the 4th September 2004, due to the area where this business was sited we where facing some challenges such as bad road for the transportation of the product to some area. We chose this pure water business because it will be the best product ever in the state.
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BUSINESS DESCRIPTION
Surveying the pure water business in my area of Afikpo North of (NAME OF STATE) State, our company which is located at (ADDRESS HERE) North Local Government is a well sited new building of 5 wave house which is in best location for our business. We chose this area because, as a pure water business it needs a well clean and drinkable water and get water from the soil was very easy in that area. The business also needed human skill and machinery to operate because it is a small scale business and the equipment needed in this operation are sealing machine, Hygienically machine G.P tank, table, chair, sealing bags, filling machine computer was purchased for the documentation of sale. In doing all this we found all this we found out that pure water in my area is need so much because of the scarcity of water.
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BUSINESS ENVIRONMENT ANALYSIS
The demand of water in my area was so high that the existing one (Aqua Rapha) is very costly that people in my area are complaining of it, which made some people who can not afford to buy the water(Aqua Rapha) N 100 per bag to star drinking from the river which is not hygienic, So we decided to establish this business production called Drink and Relax water limited.
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MARKET ANALYSIS
In analyzing our product, the consultation of cooperate Affair commission (C A C) Approval was considered to find out if there is any company bearing the name of our company (Drink and Relax Limited).
And for constant production of this product, we purchased biggest generator for constant light for the easy and constant production.
MARKET PLAN
Marketing our product to get our people’s interest and services, we tried very hard in advertising the product through mass media, Television show, new paper, so that people we hear and see the product in stock . In so doing, this cost us up to N 1500 every day to make sure the product is being announced regularly, and the price of the product was also advertised which is N 70 instead of N 100. So that people will be interest in purchasing our product. And the estimate for the advertising cost.
Advert in news paper ___ N 10,500
Advert in T.V ___ N 2,500
Advert in Radio ___ N 5000
Total N 45000
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OPERATION PLAN
Due to the small scale our business is , we also consider the area where this business is being operated, we hired some people that we will be paying every end of the month from the village for each area of the service such as sale department, distribution department and those that will be packaging and sealing the product and this people are paid N 10,000 per month.
MANAGEMENT AND ORGANIZATION
This business (pure water) is own by my family and managed by some personnel so that the business will be moving faster. Where my Daddy Mr. (NAME HERE) is the main owner and being cooperated by son’s and daughter, where we have members of the board Mr. (NAME HERE). The shareholder of (address HERE). Mr. (NAME HERE)Director General (address HERE).
Mr. (NAME HERE) the sales manager at (NAME HERE), has selling & management experience at (PLACE HERE) Market Abuja deal on furniture.
Mr. (NAME HERE) production manager, he hold a diploma in water cooperative Abuja.
Finance manager Mr. (NAME HERE) Diploma in accounting with several year experience.
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FINANCIAL PLAN
Mr. A, the financial manager of Drink and Relax company estimated the income profit of the product after two years and it’s turn over was very low due to the newness of the product which is forecasted sales, cost of goods sold and general expenses made.
Project income statement for two years
Opening Stock 8,899,465
Cost of Factory Output 5,899,465
Goods available for sale 5,599,465
Operating expenses 9,54,99
Wagges & Salaries 4,23,900
Light Disel and fuel 384,900
Cost good sold 9,54,990
Maintance/ Repair 70,000
Transportation 20,000
Advertisment 9000
Taxe 5000
Total 14,301,594
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CONCLUSION
After the development of this product we found that our product will be the best in town and stand forever.
CONCEPTUALIZATION
The desirability of our pure water product depend on the availability of best quality produce in the production.
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