Electronics Shop

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

The promoter wishes to locate the business in Eleme area of Rivers State because of existence of ready market, access road and proximity to Port Harcourt.

Products/ Services for electronics sales business plan in Nigeria

Our range of products will include TV sets, DVDs, Radios, Refrigerators, Generators, Stabilizers, Fans, Irons Computers, Cameras, Household Equipment, Cables & Accessories, etc.

The planned business plans to include electrical services as the business in future.

Target Market Group

Our target customers will include individuals, household consumers, builders, companies/corporate bodies.

Competition

Electronics marketing is a highly competitive one.  Moreover, it is largely affected by change in technology.  However, the promoter plans to keep abreast with changing technology and consumer taste.  The business will be located in a strategic place to be able to achieve sales volume that will enable the business compete favourably.

Market Analysis in electronics shop business plan

Electronics are essentially household items. With the revolution in technology, consumers want to keep up with the trends. To ensure that our customers get what they want, we will stock our shop with a variety of offers. We intend to also keep pace with the changes in technology with our offers. Therefore, there are large and ready markets for electronics products which are basic requirement of every home and office.

Marketing Strategies

After sale services, home delivery service and offer of one year warranty will be our core marketing strategies.

TO GET THE COMPLETE ELECTRONICS BUSINESS PLAN & FEASIBILITY REPORT (INCLUDING THE FINANCIAL PROJECTIONS AND ALL). Pay N10,000 to

GTBank (Guaranty Trust Bank)

Account Name – Chudi-Oji Chukwuka

Account No – 0044157183

After payment text your names, your e-mail address and what you paid for to 08060565721 and you’ll receive your ELECTRONICS SHOP BUSINESS PLAN IN NIGERIA PROPOSAL.

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