1. BUSINESS NAME: KOINNS RESORT
NAME. : VALERIA ADONGO WABWIRE.
INDEX NUMBER : 5341012096
INSTITUTION : RIFT VALLEY TECHNICAL TRAINING INSTITUTE.
DEPARTMENT : HOSPITALITY AND INSTITUTIONAL MANAGEMENT
COURSE : CERTIFICATE IN CATERING AND ACCOMODATION.
COURSE CODE : 1819/2
PAPER NUMBER: 205B
PRESENTED TO: THE KENYA NATIONAL EXAMINATIONS COUNCIL IN
PARTIAL FULFILLMENT FOR THE AWARD OF CRAFT CERTIFICATE IN
CATERING AND ACCOMODATION.
SUPERVISOR : MR. RAYMOND KIPNG’ETICH
EXAM SERIES : JULY, 2022

2. ii
DECLARATION.
I declare that this project is the output of my original work and no one should produce copies or
whatsoever.
NAME: VALERIA ADONGO WABWIRE.
Signature............................ Date......................
This project will be submitted to the KENYA NATIONAL EXAMINATION COUNCIL with the
approval of the project supervisor.
NAME: MR.RAYMNOND KIPNGETICH.
Signature....................................Date..............................

3. iii
DEDICATION
I would like to extend an arm of appreciation to all my family members especially my parents for their
financial and moral support .Also to friends and classmates for their help and encouragement they
offered during the entire project period.

4. iv
ACKNOWLEDGEMENT
I do express my gratitude to all individuals who assisted me in computing the project. First to my
facilitators, parents, brothers and sisters .I also thank the entire staff of Rift Valley Technical Institute
especialy to my supervisor ,MRRaymnondKipngetich for guidance when writing my business plan.
May God bless you all.

5. v
TABLE OF Contents
DECLARATION. ................................................................................................................ i
DEDICATION...................................................................................................................iii
ACKNOWLEDGEMENT................................................................................................. iv
TABLE OF Contents .......................................................................................................... v
EXUCUTIVE SUMMARY.............................................................................................viii
CHAPTER ONE................................................................Error! Bookmark not defined.
1.0 BUSINESS DESCRIPTION........................................Error! Bookmark not defined.
1.1 BUSINESS NAME......................................................Error! Bookmark not defined.
1.2 BUSINESS LOCATION AND ADDRESS ................Error! Bookmark not defined.
1.2.2 MAP SHOWING LOCATION ................................Error! Bookmark not defined.
1.3 BUSINESS OWNERSHIP ..........................................Error! Bookmark not defined.
1.4 TYPE OF BUSINESS .................................................Error! Bookmark not defined.
1.5 JUSTIFICATION OF OPPORTUNITY .....................Error! Bookmark not defined.
1.6 INDUSTRY .................................................................Error! Bookmark not defined.
1.7 BUSINESS GOALS AND OBJECTIVE ....................Error! Bookmark not defined.
1.7.1 SHORT TERM GOALS...........................................Error! Bookmark not defined.
1.8.0 ENTRY AND GROWTH STRATEGY...................Error! Bookmark not defined.
1.8.1 ENTRY STRATEGY..........................................Error! Bookmark not defined.
1.8.2 GROWTH STRATEGY...........................................Error! Bookmark not defined.
CHAPTER TWO. ..............................................................Error! Bookmark not defined.
2.0 MARKET PLAN .........................................................Error! Bookmark not defined.
MARKETING OBJECTIVES...........................................Error! Bookmark not defined.
2.1 POTENTIAL CUSTOMERS ......................................Error! Bookmark not defined.
2.1.1 Domestic Customers ...........................................Error! Bookmark not defined.
2.1.2 Institutional Customers .......................................Error! Bookmark not defined.
2.1.3 Commercial Customers.......................................Error! Bookmark not defined.
2.2 MARKET SHARE ......................................................Error! Bookmark not defined.
2.3 COMPETITION ..........................................................Error! Bookmark not defined.
ADVERTISING AND PROMOTION STRATEGY ........Error! Bookmark not defined.

6. vi
2.4.1 Advertising................................................................Error! Bookmark not defined.
2. ADVERTISING.............................................................Error! Bookmark not defined.
2.5 PRICING STRATEGY................................................Error! Bookmark not defined.
2.6 SALES TACTICS........................................................Error! Bookmark not defined.
2.7 DISTRIBUTION STRATEGY....................................Error! Bookmark not defined.
CHAPTER THREE ...........................................................Error! Bookmark not defined.
3.1 ORGANIZATION AND MANAGEMENT PLAN....Error! Bookmark not defined.
3.1.1 ORGANIZATIONAL STRUCTURE. .....................Error! Bookmark not defined.
3.2 MANAGERS DUTIES AND QUALIFICATIONSError! Bookmark not defined.
3.2.1 QUALIFICATION ...................................................Error! Bookmark not defined.
3.2.2 DUTIES AND RESPONSIBILITIES OF THE MANAGERError! Bookmark not defined.
3.3 OTHER PERSONNEL .......................................Error! Bookmark not defined.
3.4 RECRUITMENT, TRAINING AND PROMOTIONError! Bookmark not defined.
3.4.1 RECRUITMENT ................................................Error! Bookmark not defined.
3.4.2 TRAINING .........................................................Error! Bookmark not defined.
3.4.3 PROMOTIONS...................................................Error! Bookmark not defined.
3.5 REMUNERATION AND INCENTIVES ...................Error! Bookmark not defined.
3.5.1 REMUNERATION.............................................Error! Bookmark not defined.
3.5.2 INCENTIVES .....................................................Error! Bookmark not defined.
3.6 LICENSES, PERMIT AND BYLAWS..............Error! Bookmark not defined.
3.7 SUPPORT SERVICES .......................................Error! Bookmark not defined.
CHAPTER FOUR............................................................................................................. 18
4.0 OPERATIONAL PLAN............................................................................................. 18
4.1 PRODUCT OR SERVICE DESIGN AND DEVELOPMENT.................................. 18
4.1.1 MACHINERY AND EQUIPMENTS ..................................................................... 18
4.1.2 PRODUCTION OR OPERATIONAL FACILITIES AND CAPACITY ............... 19
4.2 PRODUCTION STRATEGY..................................................................................... 20
4.3. OPERATION PROCESS .......................................................................................... 20
4.4. REQULATIONS AFFECTING THE OPERATIONS.............................................. 20
4.5. Equipment or materials.............................................................................................. 21

7. vii
CHAPTER FIVE .............................................................................................................. 22
FINANCIAL PLAN.......................................................................................................... 22
5.0 Introduction........................................................................................................ 22
5.1 Pre – Operational Cost ....................................................................................... 22
5.2 Working Capital for COMRADES FAST FOOD for the Year Ending 2022/2023/2024 23
5.3. PROJECTED CASH FLOW FOR COMRADES FAST FOOD............................... 24
5.3.1 PROJECTED PROFORMA CASH FLOW FOR COMRADES FAST FOOD FOR THE YEAR
2022 24
5.3.2 PROJECTED PROFORAMA CASHFLOW FOR COMRADES FAST FOOD FOR THE YEAR
2023 26
5.3.3 PROJECTED PROFORMA CASH FLOW FOR COMRADES FAST FOOD FOR THE YEAR
2024 28
5.4 PROFORAMA INCOME STATEMENT FOR COMRADES FAST FOOD FOR THE YER
ENDED 2022/2023/2024.................................................................................................. 30

8. viii
EXUCUTIVE SUMMARY
I.O BUSINESS DESCRIPTION
The name of shall be comrade fast food and takeway. I choose the name because it will portray the type
of business that I will engage in. Comrade mean a colleague or a fellow member of an organization..
The contact of the business will be as follows
COMRADE FAST FOOD
P.O BOX3205,
ELDORET.
2.0 MARKETING PLAN
The potential customer to this proposed of business will be the residents of Eldoret town that form 50%
of the customer others will be learning. Institution who form 30% plus other hotel that form 20% are my
competitors around there. The following method will be applied to make sure the business will get more
customers.
We shall offer credit services to the potential customers.
Employing qualified safeguard to ensure that there is ensure that there is enough security.
3.0 ORGANIZATION AND MANAGEMENT PLAN
Since this business will be sole proprietorship form of business the personal will be as follows The
manager, assistant manager, cashier, waiter,cleaners and watchman.
4.0 OPERATIONAL PLAN
The product plan in the business will be acquired through purchasing from farmers and market .The
business will serve the residence of Eldoret town and learning institution around Baringotown too. The
business will be commence from next year when the loan will be available from bank, relative and
personal savings.

9. ix
5.0 PRE-OPERATIONAL COST
The business will have to incur some expenses before commencing it’s operations. It shows records in
details that is; financial analysis and estimation of working capital required therefore pre- operational
expenses projected cash flow is prepared followed by pro -fomal income statement and balance sheet for
the first, second, third,forth and fifth year. Calculation of the break even point. Profitability rations and
finally desired financially and capitalization this will be possible since the owner intense to borrow a
loan from the bank, friends and relatives.

10. 1
CHAPTER ONE
1.0 BUSINESS DESCRIPTION
The proposed business will be an agency engaged in the service of wide variety of food and beverage
service and offering accommodation to the potential customers. The product will be of high quality, the
business will be a sole proprietorship.
1.1 BUSINESS NAME
The proposed business name will be KOINNS RESORT. The proprietor preffered to use that name to
relate the business to people of any life standard by using the sounding of the word Coin and to show
that that it's a hospitality industry hence joining with the word Inn to favor all kind of customers.
1.2 BUSINESS LOCATION AND ADDRESS
The business will be situated 160 Km from Nairobi, 40 Km West of Magadi Tata chemicals company-
Magadi town, 1 to 1 and 1/2 hours drive on a murram road situated at the foot of Great South Rift
Valley, Ngurumani escarpments, Oloibortoto.
It is to start in the year 2024 and willbe operating from Kajiado West constituency. The proprietor chose
this location because of same reasons which include;
 Availability of natural and traditional vegetables and fruits as food commodities.
 The area is a good for sightseeing, recreation and natural attraction like the escarpments,
waterfall and forest.
 Availability of affordable labor.
The contact of business will be;
KOINNS RESORT,

11. 2
P.O BOX 0200033,
MAGADI.
MOBILE NO. : 0791081578
EMAIL:koinns@gmail.com
1.2.1 LOCATION
CHIEFS OFFICE
OLOIBORTOTO SHOPPING CENTRE
OLOIBORTOTO SECONDARY
KOINNS RESORT LUTHERAN CHURCH

12. 3
FROM MAGADI
TOWN
KEY:
- KOINNS RESORT
- CHURCH
- SCHOOL
- SHOPPING CENTRE
- CHIEFS OFFICE
1.3 BUSINESS OWNERSHIP
The business will operate under partnership proprietorship owned.
The proprietor is in favor in this form of ownership because;
a) It is easy to start and run
b) Requires less formal legal obligations
c) . Burdens are shared
d) Decision making will be easy and have direct contact
1.4 PRODUCTS AND SERVICES
The agency will sell a wide variety of food items products which will be sold at reasonable prices so as
to compete effectively with the other similar business. The business will be a start up kind of business

13. 4
since the owner has never tried it in the market before. The owner will gather all the factors of
production to make sure that the business will compete favorably in the market.
1.5 JUSTIFICATION
Oloibortoto is within the Ngurumani escarpments with very beautiful waterfall and river that drains it's
water to Ewaso-Nyiro river and flows water to lake Magadi and lake Matron where most people both
tourists and locals around the globe visits the natural sites. The location is a rural area where population
is low hence no noise for the guests who checks in for food and beverage service and accommodation to
the resort. Again the resorts and guest house in that area are few hence failing to accommodate many
guests forcing them to drive back to Magadi town which is costly. The area has also good security
system where the business will be secured.
1.6 INDUSTRY
The purpose of business falls under ministry of trade and industrialization and also hospitality industry.
This industry is very competitive as many category of business fall under this industry. The trend is
rising due to change in technology and diverse improvements in different sectors. The business should
also adjust to the rapid changing strategies in the market and across the globe. The business will there
for make sure that it has all the requirements from the government so as it starts its operation without
any hindrance.
1.7 BUSINESS GOALS AND OBJECTIVE
a) Maximize profit and satisfy customers
b) Cope with market demand after the six months on starting
c) Win customers
d) Provide the best and quality products and service to customers
e ) To be the best resort in that area.

14. 5
1.8 ENTRY AND GROWTH STRATEGY
1.8.1 ENTRY STRATEGY
So as to fulfill the legal requirements of any business, the proprietor will obtain a license and permit
from Kajiado West municipal council office, so as to avoid confrontation from the local authorities.
Being a new business the proprietor will put in place intense advertisement so as to enable the business
obtain a large market. The proprietor also intends to take up social responsibility like joining clubs
which support the reputation posters, will be placed along Kenyatta Magadi-Ngurumani road, will be
placed around the town.
The proprietor will use social media platforms to reach everyone within the locality. A small opening
ceremony will be organized which will be preside over by a local church pastor to bless the business
before it start.
1.8.2 GROWTH STRATEGY
Since the business will have gained publicity and the market share risen, the proprietor will increase the
stock of varieties of food commodities and improve rooms for accommodation provided to cater for the
increasing demand. The business will have many sections introduced; small branches like local
restaurants will be opened in towns by the business's name having description of the main koinnss
resort.

15. 6
CHAPTER TWO.
2.0 MARKET PLAN
MARKETING OBJECTIVES
Marketing is a human activity desired at satisfying needs and wants through exchange process. The
objective in best line Koinns resort will be;
 To create customers awareness of products and services available in the proposed business
through advertising and promotion in order
 To maximize the choice of products and services available for customers to choose from leading
to more satisfied customers
 To be able to compete effectively with the existing business of similar nature
 To identify and retain customers through the use of promotion like personal selling sales
promotion and advertising
 To identify needs wants and like of customers from a business of such nature and findings ways
of satisfying them effectively.
2.1 POTENTIAL CUSTOMERS
The potential customers will include;
2.1.1 Domestic Customers
These are customers from the surrounding locality and they are the majority in the region. Their spends
are usually small quantities. These customers will enjoy limited products and servicesof excellent
quality and taste to meet the need of each customer.
2.1.2 Institutional Customers
These will include customers from different firms frequently checks in at large. They are not as many as
individual customers but they visits at large and spends t high cost.

16. 7
2.1.3 Commercial Customers
These are the various business personnels intended to be theirregular customers, they are normally few
in number as compared to individual customers but have high contribution towards the business.
2.2 MARKET SHARE
The entrepreneur carried out a survey and established that there are 4000 customers around the area. The
business is going to share their customers with its competitors as follows;
Table showing market share of proposed business and competitors at the start of operation
Table 2.1 market share
Business No of
custome
rs
Percentage
Koinns
Resort
Stopover
Resort
Nguruma
ni
Waterfall
s Guest
House
1800
1200
1000
50%
30%
20%
50%
30%
20%
MARKET SHARE
comreds
prisca
SOKONI

17. 8
The business anticipates capturing a higher market share after being operated for the years of;
 high quality elegant and durable products and services.
 the business will be of good qualities of products and services
 its central located within the town making it possible
 skilled proprietors will entrepreneur and managerial skills
2.3 COMPETITORS
The business Koinnss Resort will be competing with the following business
4 Ngurumani Waterfalls Guest Housewhich is situated 1 km east of proposed business
5 Stopover Resort which is 500m south of the proposed business
Table 2.2 competitors
Business Age Form of
ownership
Products/servic
es
Staff Promotion Location
Koinnss
Resort
3
years
Partnership
proprietorship
Wide variety of
food staffs and
latest designs of
housing decor
in the rooms.
Offers high
quality of
services
Well qualified Social media
platforms
and posters.
well
located
Stopover
Resort
2
years
Partnership
proprietorship
Not well
planned has old
Unqualified staff Posters and
sign board
Well
located

18. 9
designs of
buildings,
average services
Ngurumani
Waterfalls
Guest
House
1
year
Sole
proprietorship
poor quality
services.
Unqualified staff
and understaffed
Local
newspaper
and sign
boards
Centrally
located
2.4 PRICING STRATEGY
The proposed business will set reasonable prices in order to attract more customers and maintain
them. When setting price of the business will consider the cost of buying the product from the
supplier, the standards of the accommodation, government taxes and any other expenses incurred.
The business will also look into the competitors prices and set a good price that will compete
favorably in the market.
o ADVERTISING AND PROMOTION STRATEGY
2.5.1 Advertising
1 POSTERS
The proprietor will place posters at strategic places around the town welcoming customers to the new
business. The business contacts location and time of operation
2. SOCIAL MEDIA PLATFORMS
The management intends to open a wall on social media platforms giving the detail of : the name of the
business, the location the address and product or services offered by the business.

19. 10
2.6 SALES TACTICS
The proposed business intends to serve directly to the customers through all the departments which
shall deal with customer’s demands and complain service promotion and advertisement. The department
has a group of high motivated staff members to facilitate products and services of the firms and also to
be given customers who up to a certain amount, calendar are also to be printed and given to customers.
2.7 DISTRIBUTION STRATEGY
Upon renewing orders from various retail outlets or individual customers, we make arrangement for
delivery of goods in case the goods are delivered within town. But if the customers come from far place,
we shall offer discount to them which means they will pay amount less than the stipulated amount after
allowing them discount. The distribution strategy will be short so as the business will not delay
customers orders. That is only for the food and beverage service.

20. 11
CHAPTER THREE
3.0 ORGANIZATION AND MANAGEMENT PLAN
3.1 ORGANIZATION AND MANAGEMENT PLAN
The business organization and management objectives will be;
 To set up clear organizational goals and objectives to be achieved through the use of proper
organizational charts and structures.
 To employ trained and qualified staffs and place them in their various areas of specialization to
ensure high performance of work.
 To ensure proper delegation of duties and responsibilities to reliable and committed staffs
 To develop staff skills and knowledge through programmes like seminars

21. 12
3.1.1 ORGANIZATIONAL STRUCTURE.
Organization chart at the start of the business
MANAGER
CASHIER
SUPERVISOR
CHEFS
WAITERS
FRONT OFFICE
MANAGER
ROOM ATTENDANT

22. 13
3.2 MANAGEMENT PERSONNEL
DUTIES AND RESPONSIBILITIES OF THE MANAGER INCLUDE;
i) Raising the capital required for the business
ii) To be in charge of running the business and ensure the smooth flow of work
ii) He will ensure that all legal requirements are obtained
iv) Motivate staff towards realization of the business objectives.
3.2 OTHER PERSONNEL
Title Qualification Duties
Cashier 4 Have a certificate in accounting
especially KATC final
5 Be between 26-28 years
6 Computer literate
7 Ability to work under minimal
supervision
8 To be in charge of all finances
9 To keep financial records of
the business
10 To receive and receipt money
received from business
11 To prepare the balances sheet
of the business
WAITER 12 Should be a form four level of
education
13 Certificate in food and bevarage
14 Should have a working experience
of two years
15 Attend to customers showing
them around the business
16 Arrange the business area
neatly.
CHEF 17 Should have a certificate in FOOD
AND BEVARAGE
20 In charge of making food order
as per the waiters food order

23. 14
18 Experience of two years in sales and
marketing in busy business
19 Fluent in both English and
Kiswahili so as to communicate
effectively
list.
Room Attendant. Should have good communication skills. Incharge of the room
services
Should be qualified
3.3 RECRUITMENT, TRAINING AND PROMOTION
3.3.1 RECRUITMENT
Recruitment is the attraction of sufficient and suitable potential employees for vacancies in the
organization
The business will first identify the job requirement then decide on the sources of potential recruits. The
proprietor will then decide the selection of the successful candidates will be noticed on the outcome and
the last stage is to appoint the successful candidates.
The proprietor will get the workers from the institutions through walk-ins.
3.3.2 TRAINING
Employee will be trained on how to handle customers especially the attendants. The proprietor will
consider staffs who have served for a long period of time for training.
The salesmen who have served in the business for two and more years will be sponsored to attend
seminars to improve their marketing skills.
3.4.3 PROMOTIONS
Promotions of employees will depend on the following condition;
i. when an employee acquire an additional training

24. 15
ii creation of new posts in the business leading to promotion of employees to take higher posts
ii. When a position falls vacant, a staff immediately below the position will be promoted
iv. Promotion will also be done on merit; this is considering the performance of the employee.
3.5 REMUNERATION AND INCENTIVES
3.5.1 REMUNERATION
The staff will be remunerated as follows;
Job title Number Basic pay(ksh) Allowance(ksh) Gross pay(ksh)
Manager 1 10,000 5000 15000
Cashier 1 7000 3000 10000
waiters 2 2X5000 2X2500 15000
Front office
manager
1 6000 2000 8000
Room attendant 1 4000 4000 8000
Total 6 37,000 24,000 56,000
The staff will be entitled to house allowance, staffs will have a high gross pay as compared to the
competitors because they do not give any allowances to their staffs.
3.5.2 INCENTIVES
An incentive helps to boost employee’s morale and commitment to work. Some of the incentives
proposed business will offer;
i. The proprietor propose to throw end year parties for employees and their families to maintain
good relationship
ii. During festive seasons and holidays the employees will be paid overtime since the business is
expected to be more busy than usual operation hours.
iii. As the business expands, it will consider giving sick offs with pay to employees

25. 16
3.6 LEGAL REQUIREMENTS
For any business to operate legally it must fulfill some legal requirements which includes;
 Trading licenses with obtained from Kajiado West municipal council offices at Ksh. 3000
 It will also obtain premise from council offices.
 It will also obtain the head of states portrait which is a legal requirement.
3.7 SUPPORT SERVICES
This is services required by proprietor from other business which are very necessary for efficient
operations.
I) Banking services
Equity bank-Kiserian branch
P.o box 1601-30100
Kiserian.
ii) Insurance services
The business will be insured against theft offered by;
Britam Insurance Company
P.o box 84
Kajiado
The business will be paying Ksh. 5000 per month
iii) Security services
The proprietor intends to join the association formed by other businesses around
to hire a guard through sharing costs.
iv) Postal Address.

26. 17
The business will be paying the postal address of the business to the government annually.
v) Lawyer
The business will have a lawyer who will be paid monthly.

27. 18
CHAPTER FOUR
4.0 OPERATIONAL PLAN
4.1 PRODUCT OR SERVICE DESIGN AND DEVELOPMENT
For proper operation of any enterprise, some essential facilities have to be considered for the smooth
running of the business therefore the owner will require the following firm requirements.
4.1.1 MACHINERY AND EQUIPMENTS
Serial
number
Item Specifications Units
required
Unit
cost
Total
cost
Date
required
Source
1 Land Kipkaren 1point 200000 200000 January
2023
Eldoret town
2 Vehicle Toyota 1 350000 350000 January
2023
Cmc motors
3 Weighing
machine
1 4000 4000 January
2023
Eldomattsuppermarket
4 Furniture
and
fittings
Kenpoly 15 2000 30000 January
2023
Radiant supermarket
5 Computer Pentium 4 1 30000 30000 January
2023
1BM
The business will be able to start it's operations after having all the above facilities is that they have in
position. The advantage of the facilities is they have a low rate of depreciation, therefore they are long
lasting

28. 19
4.1.2 PRODUCTION OR OPERATIONAL FACILITIES AND CAPACITY
TYPE OF
MATERIALS
QUANTITY UNIT COST
(Ksh)
TOTAL
COST
SOURCE
Kitchen
equipment (gas
cooker, oven)
5 3000 15,000 Radiant
supermarket
Pots, pans 10 1500 15,000 Radiant
supermarket
Poultry 30 300 9,000 Ken's poultry
farm
Plates, spoons,
forks, knives,
bowls
50 130 6,500 Radiant
supermarket
Potatoes,
tomatoes, onions
3sacks 1000 3,000 Uchumis farm
White pepper,
black pepper, soy
sauce, salt
50kg 500 25,000 Radiant
supermarket
Total 73,500

29. 20
4.2 PRODUCTION STRATEGY
The business will enhance strategy of product development and will start selling the chicken to the
nearby customers
The business is designed to be operating from Monday to Sunday inclusive of public holidays they are
sold to the customers when they have been packed, priced and when they are of good condition.
The management will ensure that the inn is well equipped to avoid stock out to take advantage of the
potential customers where they will make a good reputation as they will be sure of what they want.
4.3. OPERATION PROCESS
Most Products will be sold directly since they are produced from the inn and they will be labelled for
easy access by customers.
The operation process will be as follows;
A) The chicken and other goods, will be purchased, inspected for quality and quantity
B) Orders will be taken from customers
C) The products will be served to customers, then the customers will then pay
D) The cashier will issue the customers a small card which contains the code of the item and price as fed
in the computer. The computer will then produce a receipt of the total cash sale to the customer to pay.
4.4. REQULATIONS AFFECTING THE OPERATIONS
a) Government regulations
The business will receive it's trading license as per the trade licensing ACT cap 497 from the ministry of
local government. This will enhance smooth running of the business and avoid unnecessary
inconvenience.
b) Public Health

30. 21
The business will abide to the regulations set up by the local government governing the general health of
the public. These includes latrines, septic disposal e.t.c to provide a high standards of hygiene and
prevent environmental pollution hence healthy environment and better working conditions.
c) By laws
The business will adhere to the bylaws made by the local authority at all times for up keeping good
health, safety and welfare of the workers.
4.5. Equipment or materials
The chicken inn will require the necessary equipment and materials in order to function. They should be;
Oven for roasting, jikos, utensils like cups, spoons, plates and other utensils.

31. 22
CHAPTER FIVE
FINANCIAL PLAN
5.0 Introduction
It shows the required financing expected in three years
5.1 Pre – Operational Cost
These are the expenses incurs before the business starts its operation.
Items Cost
Rent 5,000
Business license 2,500
Water meter 2,500
Electricity Meter 2,500
Advertisement 7,000
Transport Expenses 8,000
Repair and Maintenance 5,000
Total 32,500

32. 23
5.2 Working Capital for COMRADES FAST FOOD for the Year Ending 2022/2023/2024
ITEM 2022 2023 2024
Current Assets
Cash in hand 150,000 343,050 8,253,700
Cash in bank 50,000 56,000 432,000
Debtors 72,000 13,300 11,550
Stocks 100,000 67,000 90,000
Total Current Assets 372,000 479,350 8,789,250
Current Liabilities 5,000 87,000 61,000
Creditors 361,000 160,000 186,800
Total Current
Liabilities
366,000 247,000 247,800
WC=CA-CL 6,000 232,350 8,541,450

33. 24
5.3. PROJECTED CASH FLOW FOR COMRADES FAST FOOD
5.3.1 PROJECTED PROFORMA CASH FLOW FOR COMRADES FAST FOOD FOR THE YEAR 2022
Particulars Jan Feb March April May June July Aug Sept Oct Nov Dec Total
Cash inflow
Starting Capital 150,000 42,500 35,500 51,400 70,300 81,250 97,950 126,700 149,050 208,150 282,400 217,950 1,513150
Sales 100,000 101,000 105,000 103,000 90,000 85,000 90,000 130,000 130,000 150,000 109,000 200,000 1,36300
Debtors 13,000 10,000 9000 8,500 8,000 6,000 4,000 4500 3000 2500 2000 1500 72,000
Loans 30,000 15,000 10,000 9,000 7,500 6,000 5,000 4500 4000 3500 3000 2000 100,500
Total Cash
Inflow
293,000 168,500 159,000 171,900 175,500 178,250 206,950 226,700 286,050 364,150 298,300 421,450 2,949750
Cash outflow
Creditors 100,000 50,000 30,000 25,000 20,000 10,000 9,000 8500 8000 8500 8000 7500 361000
Purchases 50,000 10,000 9000 8000 8500 7000 6500 6000 7000 9000 7000 6500 134,500
Rent 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 60,000
License 2500 - - - - - - - - - - - 25,000
Permit 2000 - - - - - - - - - - - 2000
Electricity Bill 10,000 6000 3000 2000 1500 1000 1900 1700 1050 1650 2500 1000 33,300

34. 25
Water Bill 9000 5000 4000 2500 3000 1500 1200 1000 1100 1700 1500 1900 33,400
Water Meter 2500 - - - - - - - - - - - 2. 500
Electricity
Meter
2500 - - - - - - - - - - - 2,500
Salaries 55,000 55,000 55,000 55,000 55,000 55,000 55,000 55,000 55,000 55,000 55,000 55,000 660,000
Advertisement 7000 1000 900 750 800 500 1500 200 300 450 750 800 21,700
Repair and
Maintenance
5000 1000 700 600 450 300 150 250 450 450 600 700 10,650
Total Cash
Outflow
250,500 133,000 107,600 101,600 94,250 80,300 80,250 77,650 77,900 81,750 80,350 78,400 1,243,550
Net pay
Cash inflow-
Cash outflow
42,500 35,500 51,400 70,300 81,250 97,950 126,700 149,050 208,150 282,400 217,950 343,050 1,706200

35. 26
5.3.2 PROJECTED PROFORAMA CASHFLOW FOR COMRADES FAST FOOD FOR THE YEAR 2023
Particular Jan Feb March April May June July Aug Sept Oct Nov Dec Total
Cash inflow
Ball c/f 343050 399550 587,550 694,650 908650 1276050 1896350 2316650 3139250 4064450 4891050 6321400 24524966
Sales 200,000 300,000 200,000 300,000 450,000 700,000 500,000 900,000 1,000,000 900,000 1,500,000 200,000,000 8950000
Debtors 5000 2000 1500 1000 900 700 500 400 450 300 300 250 13800
Loans 10,000 5000 4000 2000 1000 500 500 1000 300 500 500 550 25850
Total Cash
inflow
558050 706550 793050 997050 1360550 1977250 2397350 3218050 4140000 4965250 6391850 8322200 35827800
Cash outflow
Creditors 50,000 30,000 15000 10000 9000 7000 8500 8000 7500 6000 5000 4000 160,000
Purchases 20,000 15000 12000 10000 8000 7000 6000 5000 3000 3500 2000 1500 93,000
Rent 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 60,000
License 2500 - - - - - - - - - - - 2500
Permit 2000 - - - - - - - - - - - 2000

36. 27
Electricity Bill 8000 7000 5500 4000 3500 3000 2500 2400 2100 1500 1000 900 41400
Water Bill 5000 4500 4000 3500 3000 3000 2500 2300 2000 1500 1500 1000 34100
Electricity Meter 2500 - - - - - - - - - - - 2500
Water Meter 2500 - - - - - - - - - - - 2500
Salaries 55000 55000 55000 55000 55000 55000 55000 55000 55000 55000 55000 55000 660,000
Advertisement 4000 1000 900 600 300 400 750 800 550 1000 450 500 11250
Repair and
Maintenance
2000 1500 1000 900 700 500 450 300 400 400 500 600 9250
Total Cash
Outflow
158, 500 119,000 98400 89,000 84,500 80,900 80,700 78,800 75,550 74,200 70, 450 68,500 1,078500
Net pay
Cash inflow-
Cash Outflow
399,550 587,550 694,650 9080650 1276050 1896350 2316650 3139250 4064450 4891050 6321400 8253700 34749300

37. 28
5.3.3 PROJECTED PROFORMA CASH FLOW FOR COMRADES FAST FOOD FOR THE YEAR 2024
Particulars Jan Feb March April May June July Aug Sept Oct Nov Dec Total
Cash inflow
Bal C/f 8253700 8470200 885600 9278150 9726350 10125700 10502050 10713090 108828640 10895290 10913940 11084540 11964350
Sales 100,000 101,000 105,000 103,000 90,000 85,000 90,000 130,000 130,000 150,000 109,000 200,000 1,36300
Debtors 13,000 10,000 9000 8,500 8,000 6,000 4,000 4500 3000 2500 2000 1500 72,000
Loans 30,000 15,000 10,000 9,000 7,500 6,000 5,000 4500 4000 3500 3000 2000 100,500
Total Cash Inflow 293,000 168,500 159,000 171,900 175,500 178,250 206,950 226,700 286,050 364,150 298,300 421,450 2,949750
Cash outflow
Creditors 100,000 50,000 30,000 25,000 20,000 10,000 9,000 8500 8000 8500 8000 7500 361000
Purchases 50,000 10,000 9000 8000 8500 7000 6500 6000 7000 9000 7000 6500 134,500
Rent 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 60,000
License 2500 - - - - - - - - - - - 25,000
Permit 2000 - - - - - - - - - - - 2000
Electricity Bill 10,000 6000 3000 2000 1500 1000 1900 1700 1050 1650 2500 1000 33,300
Water Bill 9000 5000 4000 2500 3000 1500 1200 1000 1100 1700 1500 1900 33,400

38. 29
Water Meter 2500 - - - - - - - - - - - 2. 500
Electricity Meter 2500 - - - - - - - - - - - 2,500
Salaries 55,000 55,000 55,000 55,000 55,000 55,000 55,000 55,000 55,000 55,000 55,000 55,000 660,000
Advertisement 7000 1000 900 750 800 500 1500 200 300 450 750 800 21,700
Repair and
Maintenance
5000 1000 700 600 450 300 150 250 450 450 600 700 10,650
Total Cash Outflow 250,500 133,000 107,600 101,600 94,250 80,300 80,250 77,650 77,900 81,750 80,350 78,400 1,243,550
Net pay
Cash inflow- Cash
outflow
8470200 8856600 9278150 9726350 10125700 10502050 1013090 10828640 10895290 10913940 110845540 1305540 122695390

39. 30
5.4 PROFORAMA INCOME STATEMENT FOR COMRADES FAST FOOD FOR
THE YER ENDED 2022/2023/2024
Particular 2022 2023 2024
Sales 136,300 895,0000 508,0000
Purchases 134,500 93,000 178,000
G.P 1,228,500 8,857,000 4,902,000
Expenses
Rent 60,000 60,000 60,000
License 2,500 2,500 2,500
Permit 2,000 2,000 2,000
Electricity Bill 33,300 41,400 51,500
Water Bill 33,400 34,100 43,500
Electricity Meter 2,500 2,500 2,500
Water Meter 2,500 25,000 2,500
Salaries 660,000 660,000 660,000
Repair and
Maintenance
10,650 9,250 8,210
Advertisement 21,700 11,250 10,500
Total Expenses 828,550 825,500 843,210

40. 31
Net Profit before tax
GP-Expenses 399,950 8,031,500 4,058,790
Tax 10-30% -119,975 -2,409,440 -1,217,627
Net pay after tax 519,925 10,440,940 5,276,417