Electronics Shop Business Plan In Nigeria Feasibility Study

Electronics Shop Business Plan In Nigeria Feasibility Study

1.0 EXECUTIVE SUMMARY of electronics business plan / proposal

1.1 Company and Project

The following report and recommendation relate to Emenike & Emenike Electronics.

1.2 Project Cost

The planned project is to be fully implemented with an investment of N20,490,000 with a fixed capital of N11,490,000 and a working capital of N9,000,000.

1.3 Project Location

The proposed project is to be located in Eleme, Rivers State Because of good available market, access road and proximity to Port Harcourt.

1.4 Projects Vision

This project vision is to be a major dealer and a household name in the sale of high quality electronic products to our esteemed customers in South-South Nigeria

1.5 Market Potential

There is a ready market for the planned project. The level of demand for the product is quite high by virtue of the fact that Eleme is a semi-dense town with high concentration of oil workers and subsidiaries and also close to Port Harcourt.

1.6 Financial Position

The financial position reveals a good liquidity and stability. The project turnover for 2015, 2016 and 2017 respectively is N33, 360,000; N38, 364,000; and N44, 118,600. Net profit for 2015 is N5,660,000 increasing to N6,656,000 in 2016 and N7,810,100 in 2017.

1.7 The funding requirement is N20,490,000 which is expected to come from the Federal Government as grant for the Amnesty re-integration programme.

1.8 the project competitive edge is the series of entrepreneurship training undergone under the re-integration programme as the residual knowledge of the entrepreneur.

7.0 Conclusion and Recommendation

From the point of analysis of our finding, the proposed project/business is found to be technically feasible, financially viable and economically desirable. The project offers good investment benefit. We therefore highly recommend it for funding and implementation.

Business Description of electronics shop business plan PDF

Our Electronics business will focus on the sales of high quality and varied electronic items from Asia, Europe and America for domestic and industrial uses.

Vision

To be a major dealer and a household name in the sale of high quality electronic products to our esteemed customers.

The Mission

To provide quality electronic products that will meet the taste of different consumer groups at competitive prices.

Name of firm (Please insert)

Legal status

The registration of the planned business with Corporate Affairs Commission will be undertaken as soon as fund for the implementation of the project is available to give the business a legal status.

Location of the business & reasons

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