Presentation on theme: "GROUP SIX BUSINESS PLAN KEMORABAT TRAVEL ENTERPRISES P.O.Box 42243-00100 P.O. Box 7102 Moi Avenue, William Street Nairobi, Kenya Kampala, Uganda Tel: +254722883878."— Presentation transcript:
GROUP SIX BUSINESS PLAN KEMORABAT TRAVEL ENTERPRISES P.O.Box 42243-00100 P.O. Box 7102 Moi Avenue, William Street Nairobi, Kenya Kampala, Uganda Tel: +254722883878 Tel: +256772919105 www;kemorabattravel.com
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 Ugandas 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
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
Financial Plan: Assets purchase / leasing Operational funds 3. Required Funds and Fund Raising Required funds Amount (US$) Fund raising Amount (US$) 1 x 50 Seater Bus (Couch) 4 Computers @ US200 2 Fax Machine 2 Printers 3 Mobile phones @ US50 Telephone/Internet 120,000 800 400 200 150 500 Own capitals 4 directors have contributed $18,000 each. 72,000 Loans from family, relatives – payable over 3 years @ zero interest rate per annum. 32,289 Sub Total104,289 Insurance (Comprehensive) Advertisement Office rental TLB Salary Fuel Service fee Snacks and Drinks Spare Parts Electricity Telephone/internet bill Miscellaneous 165 200 540 4 5,800 2,700 50 1,200 800 40 50 690 Loans from Savings Credit and Cooperative Societies Payable over 3 years at 12% interest rate per annum at a reducing balance 30,000 Total (A) 134,289 Total (B) 134,289
Cont… 4. Income Forecast (monthly average) Operational expenses Start-up (US$) 1 year later (US$) Details of revenues, costs of products and operational expenses Revenues (1)33,75037,125Fares @ 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 agreement Loan principal & Interest on loan from SACCOS Loan principal on loan from Family & Friends Represents Insurance, Advertisement, TLB, Fuel, Service fee, Snacks & drinks, spare parts, electricity, telephone/internet and miscellaneous Sub-total per month and 1 year later. Costs of products (2)00 Salaries5,8006,380 Office Rent 540 540 Interests / installments 996 897 996 897 Others5,8996,488.90 Sub-total (3)14,13215,301.90 Income before tax Less 30% Tax 19,618.0 0 5,885.40 21,812.10 6,543.63 Final Net Income: 13,732.60 15,268.47