The document is a business proposal for 'Go for Speed LPG Delivery', aimed at providing reliable LPG delivery services primarily to students at KNUST to address issues of trust, delivery reliability, and safety. The proposal outlines the company's mission, target market, competitive advantages, operational strategies, financial plans, and potential for growth, including a SWOT analysis. The initiative projects a feasible financial outlook with a plan to repay a bank loan within a year while ensuring customer satisfaction and employee engagement.

1. GO FOR SPEED LPG
DELIVERY COMPANY
BUSINESS PROPOSAL

2. Prepared for
Managing Director, STANDARD CHARTERED BANK
Prepared by
GO FOR SPEED LPG DELIVERY
K.N.U.S.T Campus P.O.BOX G24
KUMASI-ASHANTI REGION
Tel: [+233204338967]
Fax: [4338967]
[AMGOINGFORSPEED@gmail.com]
Submitted on
Friday, 19/11/2015

3. BACKGROUND
 Upon a survey, we gathered that students encounter a lot of
difficulties in refilling their gas cylinders.
 The main problem they face is unreliable delivery, and subsequent
problems are;
 Trust issues
Amount charged
The deliverers are not established / registered (Validity)
Value for money
 Safety
Maintenance

4. BACKGROUND
 In view of this, GO FOR SPEED LPG DELIVERY COMPANY
being a result oriented company seeks to address these problems.
 We aim at providing good and trusted LPG delivery service to suit
the needs of our target consumers through which profit will be made.
 Our target client includes
KNUST off-campus students (major target population)
KNUST lecturers, Corporate executives, Restaurant, Households

5. OUR MISSION AND VISION
STATEMENT
 Our mission is to provide stable, secure and reliable services in LPG
delivery.
 The vision of GO FOR SPEED LPG DELIVERY is to be the
bridge between problems in LPG delivery and convenience of delivery
and the name behind safety in LPG usage in the country.
 In short term we will expand our target market to include lecturers
and corporate executives on KNUST and its environs.
 In long term we will expand nation wide.

6. OUR COMPETITORS
Freelance gas deliverers
COMPETITIVE ADVANTAGE
Brand image
Industry recognition
Trust and reliability
Expertise and stability
Performance
Proximity to source

7. ROAD MAP / STRATEGY
 LIAISON FORMATION
 REMUNERATION
 MARKET SEGMENTATION
 MARKETING
 ADVERTISING
 PROMOTION
 SAFETY

8. THE NEW WAVE / NEW DIMENSION
This is one of the safest cooking cylinders in the world, it is non-
corrosive, does not explode in fire, can withstand a drop of 4m
and is very transparent to enable you to see your gas level.
INTRODUCTION OF FIBRE GLASS CYLINDER

9. SWOT ANALYSIS
 OUR STRENGTH
Additional customer services; trust; unrivaled competence
 OUR WEAKNESS
Start up capital; advertising expenses; establishment of brand name
 OUR OPPORTUNITIES
Expansion of our target
 OUR THREAT
Competitors; instability of the Ghana cedis; unstable supply of LPG

10. PROJECT OPERATIONS AND
IMPLEMENTATION
 We operate Monday to Saturday, from 8am – 5pm. But our field workers operates
from 6am – 6pm
 Our field workers get to the customers from 6am to 11am, because most students
are present in their room by this time.
 The cylinders are sent to the filling station from 11am-2pm, because the filling
station will be less busy thus more attention is given to us.
 The cylinders will be delivered to the clients from 3pm-5pm, because most of our
clients are will be present in their rooms by this time.

11. PROJECT OPERATIONS AND
IMPLEMENTATION
 Agreement was reached with kentinkrono Goil gas filling station to get a discount
of 3.5% on each gas cylinder we fill.
 Our agreement with the hostel mangers will enable us get information about are
target market.
 Feedback forms will be issued to enable us ascertain the actual needs of our
clients.
 Bonuses will be offered to hardworking staffs
 Promotion and discount to our loyal customers

12. HUMAN RESOURCES
Organisational structure

13. SHARES OF PARTNERS
10%
11%
7%
6%
15%
8%
9%
13%
9%
12%
SHARES IN PERCENTAGE
Mr. Ahedor Vincent
Mr. Adomako Joshua
Mr. Boadi Samuel
Mr. Acquah Charles
Miss. Frimpong Sharon
Mr. Agbenya Isaac
Mr. Boateng Isaac
Mr. Torku Alex
Mr. Okine Michael
Miss. Opoku Anastasia

14. FINANCIAL PLAN
ITEM QUANTITY
UNIT
PRICE(GHC)
TOTAL
(GHC)
3 Wheeled-Motorcycle Truck 3 3,020 9,060
Maintenance Equipment - 2,400 2,400
Office Supplies - 2,000 2,000
Safety & Security Equipment - 2,000 2,000
Marketing & Recruitment - 1,000 1,000
GRAND TOTAL - - 16,460.00

15. FILLING COST OF CYLINDERS
WEIGHT OF
CYLINDERS (KG)
AMOUNT FOR
FILLING (GHC)
RATE FOR
DELIVERY
(GHC)
2 6.00 5.00
3 9.00 5.00
5 15.00 5.00
6 18.00 5.00
7 21.00 5.00
10 30.00 5.00
13 39.00 5.00
14.5 44.00 5.00
20 60.00 10.00
25 75.00 12.00
35 105.00 18.00
52 156.00 25.00

16. FORECAST
week 0week 1week 2week 3
Month
1
week 5week 6week 7
Month
2
week 9
week
10
week
11
Month
3
week
13
week
14
week
15
Month
4
Weekly filled 0 450 576 738 936 504 414 252 198 162 234 324 342 288 216 180 144
0
200
400
600
800
1000
Cylinders
Weekly filled
Month 0 Month 1 Month 2 Month 3 Month 4
Monthly filled 0 2700 1368 1062 828
0
500
1000
1500
2000
2500
3000
Cylinders
Monthly filled

17. INCOME STATEMENT
 TOTAL MONTHLY INCOME = GHC 6,534.00
 TOTAL MONTHLY EXPENDITURE = GHC 800.00
 BALANCE ON INCOME = GHC 5734.00
 Bank loan = 16,460.00
 Interest on bank loan = 24.8 %
 Amount payable to bank = (24.8% x 16460)+16,460.00=20,542.08

18. PAYMENT PLAN
 Payment to the banks will be done within 1 year on a quarterly basis.
We will pay GHC 5135.52 every quarter.
 The partners have agreed not to receive salary for a year because we
want to repay the loan as soon as possible.
 Therefore with our monthly income of GHC 6,534.00 we would
deduct our overheads and invest the rest of the money into the
business.

19. CONCLUSION
In conclusion, this business is a viable and attractive business that will
fetch income, profit and employment.

20. THANK YOU