Financial Issues for a New Bookshop - Business Plan Example

Download file to see previous pages BENMA BOOKSHOP will be a service business type; it will majorly deal with products that are specifically concerned with the provision of education facilities. With increased student number (study group) the bookshop will grow efficiently in terms of economy.

They include:
a) Secondary set books.
b) Both Primary and Secondary textbooks.
c) Mathematical tables and geometrical sets
d) Computer hardware and software, among others.
The activities to be involved in the business runtime include during the business run-time include making orders from potential suppliers and ensuring goods are well stocked, arranging files, cooking, solving accounting problems, handling strategic issues, welcoming and directing customers, typing and lamination’ teaching available group of students, photocopying, among others. In short, several employees are needed in this large-scaled business type; employment of the jobless in the community.
The business will undergo a 24-hour operation throughout so as to meet customers’ needs. Those who will wish to work overtime will facilitate the business performance consequently, they will earn abundantly as compared to those who will be working on just the normal hours.

The products and services offered at BENMA bookshop are very unique in the sense that they are genuine and are have a wide range of products and the services are offered by professionals. The owner was attracted to the business due to lack of professional and state of the art beauty products and services in the area, also the fact that the businesses around the section area did not realize maximum profits since they did not use technology to track their stock inventory and keep business records and so because the owner is conversant with technology she knew that with a stock controlling system she would be able to minimize losses, keep inventory, know which products to offer, keep customer records and inform them of their next appointments at the business for services.

Industry Related Issues
BENMA BOOKSHOP FOR LEARNING lies under the service industry. This is an educational ministry that is among those one growing at a rapid growth in Kenya. Many Kenyan citizens have put more effort into literacy. This is evidenced by the increment in the number of students in schools due to the implementation of free Primary and Secondary education, which has led to the improvement of the education sector in general.  ...Download file to see next pages Read More