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Jobs/Vacancies / Re: I Am Ready For A Remote Or Any Legitimate Job by Kaygee1: 1:27pm On Feb 28
ismoraj135:
I sent you an email. Check and revert back


Hello

Please check your mail
Jobs/Vacancies / Re: I Am Ready For A Remote Or Any Legitimate Job by Kaygee1: 10:47pm On Feb 25
Badca81:
. Drop your WhatsApp number

I have responded
Jobs/Vacancies / Re: I Am Ready For A Remote Or Any Legitimate Job by Kaygee1: 10:09am On Feb 23
Good morning house

Recommendations please !!!
Jobs/Vacancies / I Am Ready For A Remote Or Any Legitimate Job by Kaygee1: 2:59am On Feb 22
Hello to this wonderful family

Though I don't comment very often on this platform but I`ve been here for quite some time

I currently need help or referral on landing a remote job or business

Someone should please assist

Available tools at my disposal:

Laptop
Internet Access
24 hours power supply
Serene environment

Skills
Financial Statement Analysis
Experience in preparation and analysis of Business plan
Work experience in Financial Accounting, Portfolio Management+ ACA
Highly flexible, Result oriented

Recommendations or referrals on any LEGITIMATE and legal work to do would be highly appreciated....(Kingsley181@gmail.com)

Thank you

Nigeria would be great again
Business / I Need A Very Affordable Website by Kaygee1: 10:25am On Feb 08, 2018
Hello house, please I need a very affordable website. Not a monetized one, but to refer clients, state my purpose and write some educative articles....Please contact me on kingsley181@gmail.com
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 5:18pm On Jul 02, 2017
Please note that a business plan ranges from 20 to 30 pages. But a feasibility study report ranges from roughly 10 to 15 pages. A feasibility study report contains mostly the practical segment and analysis, while a business plan includes vision and mission statement, strategies of the business, market analysis, competitor analysis amongst others.
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 5:11pm On Jul 02, 2017
REFERENCES
Adewunmi, A.A (2015). Aquaculture in Nigeria: Sustainability issues and challenges, Direct Reseearch journal of agriculture and food science, vol.3 (12), pp. 223-231, December 2015

Central Bank of Nigeria (2015) Statistical Bulletin

FCWC http://www.fcwc-fish.org/fisheries/statistics/nigeria/901-nigeria-fishery-statistics-2016- summary-report

FMARD, (2016) Building on the Successes of the ATA, Closing Key Gaps, Policy and Strategy Document

National Bureau of Statistics (2015).

Porter, M. E. (1990) Competitive Advantage of Nations. USA: The Free Press

World Bank data-http://data.worldbank.org/indicator/NY.GDP.PCAP.CD?view=chart)

World Bank Report (2013) Fish To 2030, Prospects For Fisheries and Aquaculture, Agriculture And Environmental Services Discussion Paper 03, 83117.
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 9:50am On Jun 30, 2017
Example of cash flow forecast

Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 9:48am On Jun 30, 2017
Cash Flow Forecast
Data:
It is estimated that 30% of sales would be on credit while cash sales amounts to 70%
Feeds are purchased every first and third month to avoid waste related to overstocking
The N20,000 cost of online marketing is spread throughout the five months trading period.
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 4:18pm On Jun 29, 2017
Proposed Income Statement For 5,000 Fish

Sales 2,550,000
Opening inventory 100,000 *1
Purchases 1,050,000 *2
Cost of goods sold 1,150,000
Gross profit 1400,000
Other expenses
Labour 240,000 *3
Utilities 70,000 *4
Marketing 20,000
Transportation
and distribution 35,000
Total expenses 365,000
Net profit 1,035,000

Additional Information
N
*1 (Opening Inventory)
Fingerlings 20 x 5,000 100,000
*2 (Purchases) Local fish feed
(6000 x 75 bags) 450,000
Foreign fish feed (8000 x 75 bags) 600,000
*3 (Labour) Labour-skilled
(30,000 x 5 months) 150,000
Labour-unskilled
(18,000 x 5 months) 90,000 = 240,000
*4 (Utilities) Fueling of
generator set, fish supplements,
appetite booster
and other utilities 70,000
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 7:58pm On Jun 28, 2017
The break-even analysis
in the stocking of 5,000 fish is presented
using the formular

TFC/S-VC
where TFC = total fixed cost
S = selling price per unit
V = variable cost per unit


Fixed cost 465,000
Variable cost per unit
= total variable cost /total quantities to be sold

1,515,000/4,259 = 356.47

Therefore, breakeven point = 465,000/600-356.47

465,000/243.53=1,909.42
This means that a total of 1,909 units of fish are required
to be sold in order to break-even.
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 12:04pm On Jun 27, 2017
FINANCIAL PLANS

This section includes the amount of money needed to set up the business, it also includes the profitability analysis

Checklist include:
Cash budget-analysis and explanation
Break-even analysis
Proposed income statement
Proposed statement of financial position
Cash flow statement

Example:
Cash budget
Cash Budget for stocking 5,000 fish
Items
(Fixed cost elements) N
Borehole, pumping machine
and Plumbing Work 170,000
Generator Set 95,000
¼ plot of land and digging
of borehole (150,000+50,000) 200,000
Total Fixed Cost 465,000

Items (Variable cost elements) N
Fingerlings 20 x 5,000 100,000
Local fish feed (6000 x 75 bags) 450,000
Foreign fish feed (8000 x 75 bags) 600,000
Labour-skilled (30,000 x 5 months) 150,000
Labour-unskilled(18,000 x 5 months)90,000
Fueling of generator set,
fish supplements, appetite
booster and other utilities 70,000
Online marketing for five months 20,000
Transportation and
distribution on maturity 35,000
Total Variable Cost 1,515,000
Total Cost (465,000 + 1,515,000) 1,980,000

Revenue after the first five months
Assuming the mortality rate is 15% the revenue for the first five months on the stocking of 5,000 fish would be 4,250 x 600 if the fish is sold at N600 but the current price is N650
Estimated revenue 4,250 x 600 = N 2,550,000

Analysis and Explanation

From the analysis done in this section of the financial segment, it was observed that a total of N1,980,000 is required to start up the fish business when stocking 5,000 fish. The total fixed cost stood at N465,000 while the total variable cost was N1,515,000. It can also be ascertained that having invested N1,980,000 in the business, the revenue after the first five months would be N2,550,000. It is also observed that after the first five months of investing 1,980,000 subsequent investment would be just the total variable cost which is N1,515,000 which will generate a revenue of N2,550,000. This means that having invested N1,980,000 at the initial stage, subsequent investments would be N1,515,000 which will generate a revenue of N2,550,000 that is a return on investment of 68.32% after the first five months. It is also interesting to note that when stocking 5,000 fish, the revenue obtained during the first five months covers the total cost which includes total fixed cost and total variable cost including a 28.79% return on investment.
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 12:08pm On Jun 26, 2017
I will drop my details when I'm through
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 12:06pm On Jun 26, 2017
STRATEGIC ANALYSIS AND PLAN

Major checklists include:

your core competence
Major drawback
Opportunities for growth of the business
Potential threats facing the business
Business strategy
Marketing and promotional strategy

Example:
MARKETING AND PROMOTIONAL STRATEGY
Our marketing and promotional strategy are highlighted and include
• Relatively low pricing strategy
• Online advertising which is extremely cheap or almost free if the advertiser is knowledgeable enough
• Credit facilities to trusted retailers as a promotional tool


ORGANIZATIONAL PLAN
Checklist include:
.Functions performed
Human resources required in the business
Organizational plan

Example include:
Functions Performed
For a start, the major functions or activities to be carried out include:
• Building the pond if not already existing, in some places, there are ready made ponds that can be rented to eliminate the stress of digging ponds or reduce cost
• Buying the fingerlings
• Stocking the pond
• Feeding the fish
• Changing the water at regular interval
• Online advertising
• Harvesting the fish at maturity
• Distribution of the fish to retailers and selling to customers on strategic market days
Education / Re: ASUU Vows To Resist Increased Tuition Fees In Nigerian Universities by Kaygee1: 11:43am On Jun 26, 2017
On the other hand, I think with the current inflation in the country such increament would have been anticipated. I believe they should be intellectuals
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 10:22am On Jun 24, 2017
Are we still here?
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 10:21am On Jun 24, 2017
MARKET ANALYSIS
Checklists include:
Your target market
What motivated customers to buy?
How large is the market?
Competitor analysis: who are your competitors?, what are their strength, loopholes (weaknesses), opportunities and threats

NOTE: this segment ranges from 2-3 pages
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 10:14am On Jun 24, 2017
INDUSTRY ANALYSIS

Checklists include:
Industry background and overview
Trends in the industry
Growth rate of fish
The drivers of the industry
How economic factors may affect the business such as: inflation and recession, employment rate, interest rate
How social factors may affect the business such as: demographics, size of household, social attitude,
How laws and regulation may affect the business such as import laws, export control or promotion laws, special licenses etc

PLEASE NOTE: this section range from four to five pages.

Example:
Inflation and recession
Inflation and Recession- it is not strange that Nigeria is currently undergoing recession. One of the major cause of the recession in Nigeria is over-dependence on foreign goods leading to continuous balance of payment deficit which further leads to excessive demand for the Dollar and results to steady depreciation of the Naira. The government is continuously making and implementing policies that will favour local production and consumption such as high tariffs on imported items like cars, rice and low tariffs on raw material items such as farm machines, fertilizers, fish feeds, to encourage local production. It is important to note that unlike the drastic negative effects of inflation on corporations, inflation and recession will favour the fish farming business as only the cost of feeds and fingerlings are likely to increase significantly but due to shortage of supply of fish, the price is likely to increase beyond the increase in price of the inputs leading to abnormal profit.

Interest Rate- as at 2015, the average interest rate in Nigeria stood at 12.5% (Central Bank of Nigeria Statistical Bulletin, 2015) which is quite high and signifies inflation, however since the interest rate is high, prices of goods are likely to increase including the fish farm produce (fish).
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 10:02am On Jun 24, 2017
VISION AND MISSION STATEMENT

Checklists include:
Vision statement
Mission statement
values
How you intend to achieve your vision

NOTE: This section range between one to two pages
Example:

Vision Statement
To be Nigeria's leading producer of fish

Values:
We place our customers’ satisfaction before profit
We place our customers' welfare before profit
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 9:55am On Jun 24, 2017
EXECUTIVE SUMMARY:
This section is like the abstract of the business.
Checklist include:
Brief description of the business
Overview of the market of the products or services
Brief overview of the industry
Strategy to make the business a success
Description and the managerial and technical experience of the key people
what amount of loan that is required, and the repayment period


NOTE: The excecutive summary should be between 2 to 3 pages.
Example:
Brief Description of the Business
The business royal fish farm is a business which specializes in the breeding of cat-fish known as “Clarias gariepinus” because of it uniqueness, adaptability and it advantages over other species of cat fish. It has high growth potential with a maturity period of five (5) months which possesses a lot of weight during sales. It can be located in any state in Federation with the vision of ensuring the availability of fish as well as reducing the price of fish in Nigeria all year round. Its short run objective is to commence with the rearing of fish but intends to integrate backward into brooding of fry and fingerlings (long-run objective).

Brief Overview of the Industry
Fish constitutes about 41% of the total animal protein intake by the average Nigerian hence there is a great demand for fish in the country however, fish represents 16 percent of all animal protein consumed globally, and this proportion of the world’s food basket is likely to increase as consumers with rising income seek higher value seafood and as aquaculture steps up to meet increasing demand (World Bank Report, 2013). Nigeria’s citizens as at the end of 2016 have a projected fish demand of 2.7 million tonnes of fish annually. Fish supply within the same period was 0.8 million tones, This figure was made up importation as well as from both artisanal and aquaculture, however aquaculture accounts for a smaller percentage of fish production. The current aquaculture production, is a far cry from its potential production annually. Data from Customs indicate that Nigeria spends between $400 and $600 million on importation of fish and fish products each year, creating an opportunity for further gains by domestic market participants (FMARD, 2016).
Business / Re: How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 9:46am On Jun 24, 2017
Okay, I'm back.
Business / How To Write A Business Plan Or Feasibiility Study Report (fish Farm) by Kaygee1: 12:32pm On Jun 23, 2017
Hello !!! it is not uncommon that people have viable business ideas, but due to the current situation in Nigeria, there may be lack of adequate capital to finance their businesses. Few people have had the opportunity to meet with potential sponsors of their businesses, but the first questions they are asked is where is your business plan. Since they do not have any, they are most likely to miss such opportunities. Writing a profitable business plan is not difficult, however most people see it as not a component of their discipline. Most courses require one to produce a business plan before graduation while others do not. This write-up is inspired to enlighten people on how to follow specific steps that will eventually make them come up with their own business plans or even developing for other people.
There is no hard and fast rule of writing a business plan, however all should include certain requirements.

Contents:

Executive Summary
Vision and Mission Statement
Industry Analysis
Market Analysis
Strategic Analysis and Plan
Marketing and Promotional Strategy
Organizational Plan
Financial Plans
Loan Proposal
References

Please before I proceed, i want those interested to indicate interest by just typing ride on, continue, we are here etc

2 Likes

Education / Re: 2017/2018 Delsu Aspirants (official Thread) by Kaygee1: 10:18am On Jun 22, 2017
Please add 07065730951
Politics / Re: 'we Are Sorry, Our Elders Misled Us,' Ndi'gbo Youths Beg President Buhari by Kaygee1: 9:59am On Mar 22, 2017
Igbos please don't sell your rights for anything. I'm a Deltan and fully in support of Biafra.
Education / Re: Bring Back Our Blackboard. Whiteboard Is Evil by Kaygee1: 10:47am On Mar 14, 2017
Development and advancement starts from the mind-set
NYSC / Re: Professional Writing Of Assignments, Projects, Speeches Etc. 08134343680 by Kaygee1: 10:35am On Mar 14, 2017
Im very good in the area of management sciences. 07065730951
NYSC / Re: See The Corp Member With Outstanding Performance. by Kaygee1: 10:32am On Mar 14, 2017
Great work, but he is not supposed to use his own fund. That's the rule

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