Kipkoech Poultry Keeping will operate as a sole proprietorship in Eldoret, Kenya. The business will keep poultry and sell eggs, meat, and manure to local institutions, hotels, and individual customers. The owner has identified the target market and intends to use promotional strategies like discounts and advertisements to attract customers and increase sales. A SWOT analysis was also provided to evaluate the business's strengths, weaknesses, opportunities, and threats.
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ii. Key findings are that Atlas Battery has higher returns on equity, assets, and capital employed compared to industry averages, indicating more efficient profit generation. Its inventory turnover, asset turnover, and earnings per share are also above industry levels.
iii. Some ratios like acid test and current are lower than industry averages, but overall the analysis finds that Atlas Battery is performing well on most profitability and efficiency metrics compared to other companies in its industry.
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November 2019 Entrepreneur India Monthly Magazine
Entrepreneur India, a monthly magazine published by NPCS, is aimed at simplifying the process of choosing the suitable project for investment. It makes business decisions easier and trouble-free by providing a list of right projects for investment. Unique among project investment magazines, ‘Entrepreneur India’ is dedicated to the business of identifying sound investment projects. Every issue consists of a new list of projects which are meticulously selected by the NPCS team after being screened on various investment factors.
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106-E, Kamla Nagar, Opp. Spark Mall,
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Helmet Manufacturing Industry, Helmet Manufacturing Industry in Project Reports, Helmet Manufacturing Plant, Project Report - Manufacturing Process, Best Reference Books - Manufacturing Processes, Castor Oil & Its Derivatives - Manufacturing Plant, Attractive Product & Business Opportunities, India, major producer of castor oil, Castor Oil Manufacturing Plant, Biodegradable Plastic at Best Price in India, Biodegradable Plastic – Manufacturers, How to start a biodegradable plastic manufacturing company? Camphor Powder – Manufacturers, Optical Fiber Cable Manufacturers, Fiber Optic Cable Manufacturer, Optical Fiber Cable, Pure Calcium Propionate Manufacturers, Calcium Propionate Manufacturer, Bamboo Toothbrush – Manufacturers, Pharmacy College (b-pharma & D-pharma) - Detailed Project, Project Report on Pharmacy College, Bamboo fiber processing, Production and Processing of Bamboo, Plaster of Paris Bandages manufacturing, Project Report on Formulation Process, Silica From Rice Husk Ash - Manufacturing Plant, Project Report on Extraction, Prestressed Concrete Sleepers - Manufacturing Plant, Concrete Railway Sleepers Manufacturing Plant, pre-stressed concrete railway sleepers, Project Report on Electronic Toys, Project Report on Medical Plastic Catheters, Project Report on Fish Processing, Project Report on Extraction of Neem Oil, Project Report on Neem Oil - Manufacturing Process, Masala Powder - Manufacturing Plant,
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This document provides information about a project report on inventory management conducted at Neuland Laboratories Ltd. It includes a title page, declaration by the author confirming the originality of the work, acknowledgements recognizing those who provided guidance and support, a table of contents listing the document chapters, and an introduction providing background on inventory management objectives and components. The introduction aims to set the context for the project report.
This document outlines an assignment on idea generation for a business plan by a student named Vaaiyough Tertsea. The proposed business idea is snail farming, to be called Tertsea's Snail. Key activities would include sales of farm-grown snails. The value proposition is that the products will offer durability, ease of use, comfort, and customer satisfaction. The target customer segments include those looking for quality snail meat. Key partners would be establishments that serve snail dishes. The document provides a business model canvas and details on the organizational structure, nature of business, and service description for the snail farming business.
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The document discusses gift and promotional solutions offered by Klick2buy including customization of gifts and products, packaging and delivery options. They provide gifts and promotional items for various occasions from major brands to suit different budgets and themes. Their services also include pharma, consumer, trade and institutional promotions and supplies. They have the capabilities to manage ecommerce logistics and fulfillment. Klick2buy works with various corporates, factories, banks and pharmaceutical companies.
The document discusses various concepts related to inventory management in a hospital materials management department. It covers topics like types of inventory, inventory carrying costs, reorder points, economic order quantity, safety stocks, and initiatives that can be taken to effectively manage hospital inventory like collective procurement and reducing unnecessary inventory levels. The overall goal of inventory management is to meet customer demand in a cost effective manner while minimizing costs and uncertainties.
Quotes For College Essays. QuotesGram. Online assignment writing service.Lori Gilbert
Karlheinz Stockhausen was a German composer born in 1928 in Mödrath, Germany who went on to become one of the most important but also controversial composers of the 20th century. He developed new serial composition techniques in the 1950s and was a pioneer of electronic music, working with tape recorders and synthesizers to create groundbreaking works. Stockhausen had a profound influence on music in the later 20th century and challenged conventional notions of composition.
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i. The document analyzes the financial performance of Atlas Battery Ltd through various financial ratios compared to its industry averages.
ii. Key findings are that Atlas Battery has higher returns on equity, assets, and capital employed compared to industry averages, indicating more efficient profit generation. Its inventory turnover, asset turnover, and earnings per share are also above industry levels.
iii. Some ratios like acid test and current are lower than industry averages, but overall the analysis finds that Atlas Battery is performing well on most profitability and efficiency metrics compared to other companies in its industry.
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The document provides details for a business plan for a proposed small-scale wire enamels manufacturing unit. It includes information on the promoters and their backgrounds, justification for the selected location, the production process, implementation schedule, fixed assets required, working capital needs, total projected funds required and sources of capital. The total capital required is Rs. 69,90,000 which will be sourced through 60% owned capital of Rs. 41,94,000 from the partners and 40% borrowed capital of Rs. 27,96,000.
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AWS is proposing a new initiative called "AWS Beyond the Cloud" to help startups and investors in India. The initiative would provide services like predictive analytics reports on startups, exclusive access to AWS networking events, and discounted cloud packages. AWS plans to partner with venture capital firms, accelerators, and attend various startup events in India to promote the initiative over 90 days and establish AWS as the preferred cloud provider for startups seeking to scale globally.
This document provides an overview and introduction to a business simulation. Students will manage various areas of a sensor company including R&D, marketing, production, and finance. The simulation compresses one year into each round and allows students to test strategies. Students will be graded based on metrics like profitability, stock price, and market share. The document explains the industry context and competitive environment that students will operate their companies within.
November 2019 Entrepreneur India Monthly Magazine
Entrepreneur India, a monthly magazine published by NPCS, is aimed at simplifying the process of choosing the suitable project for investment. It makes business decisions easier and trouble-free by providing a list of right projects for investment. Unique among project investment magazines, ‘Entrepreneur India’ is dedicated to the business of identifying sound investment projects. Every issue consists of a new list of projects which are meticulously selected by the NPCS team after being screened on various investment factors.
See more
https://bit.ly/2qx97zx
https://bit.ly/2r9OCsG
Contact us
Niir Project Consultancy Services
An ISO 9001:2015 Company
106-E, Kamla Nagar, Opp. Spark Mall,
New Delhi-110007, India.
Email: npcs.ei@gmail.com , info@entrepreneurindia.co
Tel: +91-11-23843955, 23845654, 23845886, 8800733955
Mobile: +91-9811043595
Website: www.entrepreneurindia.co , www.niir.org
Tags
Helmet Manufacturing Industry, Helmet Manufacturing Industry in Project Reports, Helmet Manufacturing Plant, Project Report - Manufacturing Process, Best Reference Books - Manufacturing Processes, Castor Oil & Its Derivatives - Manufacturing Plant, Attractive Product & Business Opportunities, India, major producer of castor oil, Castor Oil Manufacturing Plant, Biodegradable Plastic at Best Price in India, Biodegradable Plastic – Manufacturers, How to start a biodegradable plastic manufacturing company? Camphor Powder – Manufacturers, Optical Fiber Cable Manufacturers, Fiber Optic Cable Manufacturer, Optical Fiber Cable, Pure Calcium Propionate Manufacturers, Calcium Propionate Manufacturer, Bamboo Toothbrush – Manufacturers, Pharmacy College (b-pharma & D-pharma) - Detailed Project, Project Report on Pharmacy College, Bamboo fiber processing, Production and Processing of Bamboo, Plaster of Paris Bandages manufacturing, Project Report on Formulation Process, Silica From Rice Husk Ash - Manufacturing Plant, Project Report on Extraction, Prestressed Concrete Sleepers - Manufacturing Plant, Concrete Railway Sleepers Manufacturing Plant, pre-stressed concrete railway sleepers, Project Report on Electronic Toys, Project Report on Medical Plastic Catheters, Project Report on Fish Processing, Project Report on Extraction of Neem Oil, Project Report on Neem Oil - Manufacturing Process, Masala Powder - Manufacturing Plant,
The total concept of lean production is to enhance the business environment by optimizing processes and eliminating waste. This can help cut costs while still delivering high-quality products customers want. Lean production affects inventory levels in companies by reducing lead times and operating costs to meet demand. Design for manufacture copes with international demands in the supply chain by using air freight, locating activities close together, and facilitating transactions. Lean production cannot boost productivity in the Philippines due to a lack of high technology, poor infrastructure, and the need for technology to meet lean production requirements. Lean production requires close relationships with suppliers and customers to prepare for inevitable challenges through communication and information sharing.
The Gap Model in Service Quality outlines 4 gaps that can occur between a customer's expectations of service and their perceptions of the service received: the gap between customer expectations and management perceptions, between management perceptions and service quality specifications, between service quality specifications and the service actually delivered, and between the service delivered and external communications about the service. Addressing these gaps can help companies gain competitive advantages through increased customer satisfaction, loyalty, and profits. The model provides a framework for understanding service quality from both an internal perspective of conforming to specifications and an external perspective based on customer perceptions.
1. CHAPTER ONE
BUSINESS DESCRIPTION
1.1. BUSINESS NAME.
POULTRY KEEPING will be run on sole proprietorship. It will be operated under
the name BETT KIPKOECH. The name means born in the morning.
1.2. BUSINESS ADDRESS.
KIPKOECH POULTRY KEEPING
P.O. BOX 234
ELDORET.
Email: koech@yahoo.com
Cell: +254(20)218-9626
1.3. BUSINESS LOCATION
The proposed site of the business will be in Eldorte town, Wareng District, Rift
valley Province along Kapsabet road, opposite Catholic University, next to Jaybees
hotel.
The operation of the business will commence on May 2012 at the proposed site.
The choice of the site is because its strategic location which results due to security
provision by Langas Police Station allocated near the site. The site is in a good
customer provision source and the readily available means of transport and access
points. The place is also easily accessible to both power and water services which
make it an environmentally friendly and healthy operational ground.
1.4. FORMS OF BUSINESS OWNERSHIP
The intended business will operate under sole proprietorship ownership and all the
operations of the business will be run solely by the owner inclusive of all the
investments. All the transactions of the business will be executed solely by the
proprietor inclusive of a few supportive staff.
2. The benefits of form of ownership.
a. Easy decision making.
Sole proprietorship can allow person to make his decision alone, what he / she wants to
do in his business, such as time of opening the business and closing time, also he / she
can decide to expand the poultry keeping or not. Unlike other form of business.
b. Self employment.
Sole proprietorship is good because nobody employees me, only my business of poultry
keeping. I will earn my own profit without depending on other people or companies.
c. Enjoys profit.
This business I will enjoy my own profit and no legal process such as licensing.
d. Job creation.
I will employ some people to assist me in eggs collection, water provision to the poultry
of which I will have to pay them. Hence have created job to them.
e. Close supervision.
I will be close to my business, to ensure everything require for poultry is available, this
means I will be available all the time in the farm.
1.5. THE INDUSTRY.
The business will mainly be a trade industry hence contributes much to the GDP.
Benefits of being trade industry.
a. Minimum competition.
This trade industry has minimum competition since people can operate poultry keeping,
because starting capital require much hence will be minimum competition.
b. Less skill.
Poultry keeping requires less skills unlike other business industry like to collect eggs, to
provide water to poultry cannot require skills persons to operate that.
c. Less capital required to start.
Poultry does not require much capital to start this project; hence it’s cheaper to start
unlike other industry.
d. Require less space.
3. Space required for poultry keeping requires little field since you can build small house
and keep hundreds of poultry.
1.6. PRODUCT AND SERVICES.
List of the products.
i) Eggs.
ii) Meat.
iii) Manure.
List of the services:
i) Transportation services.
ii) Security services
iii) Training /teaching hoe to keep poultry.
1.7. MARKET.
From the launch of the business a prior survey was carried out and the venue identified
for the business was ideal and suitable. The premise is in the midst of the most populated
zone of Eldoret town. It’s adjacent to a number of estates and learning institutions that
forms a good customer source for satisfactory operations of services.
List of all customer:
1. Jeybees Hotel
2. Catholic university
3. The polytechnic students
4. Sirikwa hotel
5. Poa place hotel
6. Estate residents.
WAYS OF MAINTAINING CUSTOMERS.
4. a. Offering discounts.
I will maintain my customers by providing them with discount of 2% in each try of egg,
this will make the customer to be convenient in farm and if incase of theirs.
b. Incentives.
This will allow the customers to enjoy my services, these encouge customers to be many
and buy all the eggs.
c. Integrity.
I will be integrity to my customers in order to get more customers, since customer needs
somebody who cannot lie to them
d. Availability.
All the required number of eggs, meat and manure should be available in order to
maintain customers all the time this will regular in your farm without going to another
farm.
e. Honesty.
I should be honest to my customers in order to maintain them. Without customer I will
not maintain them.
1.8. OPERATIONAL RESOURCES.
a. Financial resources.
The proposed business get the money from my savings of which have been saving for the
last two years, the business propose to use kshs. 200,000 for all the process, of which
have in my account.
b. Infrastructure.
The proposed business intends to get water from Eldowas Ministry of water Eldoret
town, electricity supply from Kenya Power, and is already available.
c. Raw material.
The proposed business intends to get raw materials for building the house from various
part of Eldoret town, such as timber get from Langas timber sales, iron sheet, nails,
cement from Sagara hardware.
d. Human resources.
5. The proposed business intends to employ qualified and competent employees from
the ministry of Agriculture – Eldoret.
1.9. ENTRY AND GROWTH STRATEGY.
1.9.1. ENTRY STRATEGY.
The proposed business will penetrate the market through:
i) Line promotion
This promotion is done when a customer buy two trays of eggs, gives another one tyr is
line promotion.
ii) Advertise through the internet.
The proposed business intends to put in the in internet and this will enable many people
to get this from internet.
iii) Advertise via magazine.
The proposed business intends to advertise through the magazines such as Daily Nation,
Standard news papers.
iv) Agricultural showground.
The proposed business intends to attend all the shows in order to be more popular.
1.9.2. GROWTH STRATEGY.
WAYS OF BEING POPULAR.
i) Customer Service.
In order to make more customers you should provide good and standards service this will
allow to get many customers as you can and become a popular.
ii) Sales tactics.
The prices of each tray should be reduced to sales at kshs. 270 instead of kshs 280 this
will make many customers come and buy from by farm. Reducing of sales process
encourages more customers.
iii) Promotion and Advertising.
In order to be popular in the business customers should be promoted by offering them
with some free eggs, sometimes such as broken eggs, when they come to buy, also
offering discounts.
6. Advertising in the radio, newspaper, and posters this will make more people to known
about the business, where it’s located and that services being offering.
iv) Distribution strategy.
Eggs should be distributed all over the town. I should look for the customers in various
parts of the town, and distribute them with eggs, using my own mode of transport.
v) Set sales target.
Sales target should set by find analysis around the area, from other competitors. If they
sale their eggs at kshs 15, I will sale at kshs. 12, this will make my business be popular
and more customers.
7. 1.10. SWOT ANALYSIS TABLE
AREA STRENGTH WEAKNESS OPPORTUNITY THREATS
Management Qualified personnel Lazy in terms of Offering effective Demand high payment
egg collection. services Needs insurance cover
Late comers to Needs medical fee
work
Finance Adequate funds for Poor spending of Adequate stocks of Auctioneer incase fails to
the business. capitals available. eggs, and manure pay loan
Loan.
Technology Improved hutching Expensive Offering effective Demands high payment
materials electricity bill. work. for the skilled personnel
Electricity supply Needs skilled New & rapid who operate in the hutch
available personnel to growth of market. chamber.
operate.
Location Accessible Flooded when it Adequate food for Expensive to transport
Good security rains. the chicken. eggs.
Problem of Plenty of water
transport.
Security Good security Delays in coming Offering good Demand high payment
to work security in the for the security officers
compound.
Raw material Adequate raw Competition from Durable raw Expensive to transport.
materials. rivals. materials. Competition from rivals.
High quality Expensive to buy
them.
8. CHAPTER TWO
2.0. MARKETING PLAN
2.1. MARKETING ANALYSIS
The business intends to serve the following customers as follows:
a. Institutions.
The most targeted institutions by Kipkoech Poultry Keeping are Catholic University,
Eldoret Polytechnic students and teachers.
b. Commercial customers.
The most targeted commercial customer is Sirikwa hotel, Jeybees hotel and Poa Place
hotel.
c. Individual customers.
These are customers who live around the area like the estate resident who comes buys the
eggs in small amount.
2.2. TARGET MARKET.
My business intends to target the customer such as institutions, commercial and
individuals. Institution customers are those customers from the nearest my business
centre like Catholic University, Polytechnic, Commercial customers and those customers
who buy eggs in trays or in large quantity such as hotels lie Sirikwa, Poa place and
Jeybees hotel are my commercial customer. individual customer are those who buyers
egg in less then a tray may be two or ten eggs only such a customer are like the estate
residents.
2.3. SALES POTENTIAL.
The business will intend to provide quality service to the customer and provides
standards products to customer by:
a. Improving the quality of the product: - this is done by sending the hens with
improve layer mash in order to produces big and quality egg.
b. Improving the services: the business intends to provide quality service to
customer such as seminars and security services. Also transportation services.
9. c. Offering discount: the business will intends to offer discount to the customer
such as two egg free each customer who buyer egg more than one trays.
d. Provide good environment: the business will intend to make the environment
be available and free from the customers.
e. Employed qualified staffs: the business will intend to employees who have
skills on how to provide service to the customers.
2.4. PROMOTION METHODS.
The business intends to provide promotion to customers through the following methods:
a. Advertisement:
The business will intend to advertise the products and services through the
media, newspapers in order to attract more customers.
b. Offering discounts:
The business will intend to offer discounts to the customer in order to attract
more customers.
c. Offering incentives:
The business will intend to offer discounts to the customer in order to attract
more customers.
d. Promote the customer by providing transportation services, this will
enhance more customers to come to my business to buy eggs and get free
transport service.
e. Provide seminar and teachings:
This enables them to have skills on boils the egg and other teaching services
concerning this business.
2.5. MARKET SEGMENT.