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1. CV's =R50 a month

2. For funerals = R2000 a month

3. For party's = R700 a month

4. Fax = R200 a month

5. Wishing cards = R200 a month

6. Internet visits = R80 a month

7. Photostats = R400 a month

[Also see page 10]

Will sales volumes be a similar number of each item each month, or is there seasonal variation (cold months, hot, or festivals)?'

Yes, All of the services are not restricted by season. The demand is great. There is no service like this in our township.

What sort of pricing strategy will be chosen (cheapest or best)?

The best price affordable but profitable.Internet = R20 per hour

Fax = R5.00

Printing = Colour per page:R3.00 , Black and white per page: R1.50

CV = R20.00 Per single items in total approximately R38.00

[See page 10 for upgrade prices]

What profit margin will be chosen for the products?

+- R22.50 profit per day

Write down the cost prices plus the margin for each stock item you will sell, and the selling price

Internet services: Cost Price- R4.60 / Mark up- R5.40/ Selling- R10.00

CV: Cost Price- R8.00 / Mark up- R12.00 / Selling- R20.00

Fax: Cost Price-R2.00 / Mark up- R2.75 / Selling- R4.75 (from)

Photostats: Cost Price- R0.05 / Mark up- R0.30 / Selling- R0.35

Printing: Cost Price- R1.00 / Mark up- R1.75 / Selling- R3.00

Is this competitive? Will customers pay this much? Do the margins need to be adjusted? By how much?

Yes, it is very competitive. No adjustment is necessary.

set a target. How many items for each product need to be sold on a daily (and monthly) basis to be profitable?

Internet 80, CV 50, Funeral Programs 2000, Fax 50, Photostats 400.

Set out the products, costs, margins and selling prices:

Internet services: Cost Price- R4.60 / Mark up- R5.40/ Selling- R10.00

CV: Cost Price- R8.00 / Mark up- R12.00 / Selling- R20.00

Fax: Cost Price-R2.00 / Mark up- R2.75 / Selling- R4.75 (from)

Photostats: Cost Price- R0.05 / Mark up- R0.30 / Selling- R0.35

Wishing cards: Cost Price- R6.00 / Mark up- R7.00 / Selling- R15.00

Printing: Cost Price- R1.00 / Mark up- R1.75 / Selling- R2.75

Item

Daily Target

Monthly Target

Cost Price

Margin

Selling Price

Total per Month

Internet Services

4

80

R4.60

R5.40

R10.00

= R800.00

CV

2

50

R8.00

R12.00

R20.00

= R1000.00

Fax

9

200

R2.00

R2.75

R4.75

= R380.00

Photostats

18

400

R0.05

R0.30

R0.35

= R140.00

       

Printing

122

2700

R1.00

R1.75

R2.75

= R7 425.00



What trends are included in the projections?

Purchase prices can change. Their budget for highest possible market price. Sales can decrease; make way for affordable sales totals. Transport costs can vary Take loan repayment in consideration Know the best month for business as well worst month that are non-production. Reply to die demand efficiently.

Running the business[]

What is the process for running the business on a typical day? Who will be responsible for each step? Link this back to the production process.

07:30 - 08:00 Open the business premises. 08:00 - 09:00 All equipment are working and in operation. 09:00 - 10:00 New orders are arranged. 10:00 - 11:00 Make sure that the stock is monitored, available and ordered if necessary. 11:00 - 15:00 Concentrate on clients 15:00 - 16:30 Plan for the following day 16:30 - 17:00 Clean equipment and work place and visit the store room again

Who will act as backup should the person responsible not be there? What do they need to act as backup?


What weekly processes need to be performed? Who is responsible, who is backup and what tools are required?


What monthly processes need to be performed? Who is responsible, who is backup and what tools are required?


What is the schedule for training and motivating staff?


What processes are required for maintenance and new product creation? Who is responsible and what tools do they need?

Before beginning[]

What major laws concern the business, and which government departments should be called to keep up to date (list phone numbers)?'


Related articles[]

Insert links to articles on Wikipedia or other Wikis that may be useful (such as recipes, legal discussions, accounting articles, and so on)


External links[]

List links to outside websites that may be useful for anyone starting this business


Business Trials[]

'List your name if you started a business based on this plan, where you started the business, and how you did Links to case histories - you are welcome to develop these and insert them in your personal page (create this by developing a personal profile) Retrieved from "http://startup.wikicities.com/wiki/TRC_templates" ViewsArticleDiscussionEditHistory Personal toolsCreate an account or log in Navigation Main Page Community portal Current events Recent changes Random page Help Search

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