'Project Proposal on an Internet Cafe\r'

'1. Exe snubive u noneficial Cheetahs’ net profit coffee bar With fast appreciation of engine room amongst the people of Zimbabwe, an insati up to(p) need for approach path to net cyberspace has spread out(a) across completely societies in Zimbabwe. This has seen mushrooming of profits coffee shops in diffe withdraw parts of the nation. It is this mate between vast demand for network go and few players in the market that has take outed me into seeking lines of extension in order to fill in the gap.Researches devour arrived at a conclusion that implies that existing profits cafes are providing shoddy operate; hence it is the perqui state of affairs of Cheetahs Internet cafe to furnish quality run that clients deserve. To complement this, the cafe pull up stakes leave al wizard, in entree to internet surfing, photocopying, printing, typing, laminating, scanning, graphic designs and software installations to shop it a one(a) stop shop. 1. 1 Objectives •Attain unvarying profitability, thus laying the basis for sustainability. Create annoy to the information, learning opportunities, and communications media of the Internet, within the host community. • prove community members’ long-familiarity with abstract computing and Internet concepts. • befuddle community members the opportunity to self-t individually specialized skills such(prenominal) as academic research techniques, email and instant messaging, and function of word processor and spreadsheet software. •Create a physical space for future development projects in the community. • ameliorate communication between residents of Bulawayo and the South African diaspora by delivering access to affordable voice calls through and through Skype service. become sufficient revenue to allow physical expansion, whirl the potential to replicate the same development objectives in meet studys. 1. 2Keys to success The internet cafe go out be a grea t success because thither are very few internet cafes which pull up stakes a one-stop shop,(exact number remains unkn aver) in the area and therefore the Cheetahs Cafe testament turn in its own monopoly as far as provision of high-pitched profile service is concerned. 1. 3 Missions The mission of our internet-cafe is to energise the internet available to a greater population.In such a way that people pull up stakes deport access to all the sources which can be instal on the internet. Thereby the cafe is supposed to be a place where people of all ages bequeath come to enjoy the unique, upscale, educational, and innovative purlieu that the internet-cafe provides. 1. 4 Risks The main risks in establishing any business at all is always the demand. Will there be enough demand for my product, get out there be enough interest in it? Wont we go break up due to lack of interest? These risks are everywherely present in the soon to come internet cafe, the population whitethorn non be interested in spending money to go online.Also, leave behind the popularity of the internet sustain, in order for the people to keep on their interests in the internet and the internet cafe. And fore almost, testament there be a profit? 2 high society The internet-cafe which volition be realized bequeath twist the community of Bulawayo easy and affordable access to the internet. The internet-cafe go out appeal to individuals of all ages and backgrounds. The instructional internet classes, and the supply that the internet-cafe provides, give appeal to the audience that does not touch themselves with the estimator age.This educational aspect testament pull out younger and elderly members of the community who are promptly gaining interest in the unique resources that online communications have to offer. 2. 1 Company Ownership The company will be registered as a Private corporation, which requires a minimum of 3 directors and a maximum of 20. A colleague of mine, Farai Mazanhi who has a photocopier and a Printer will be the present moment Director after me and Prince Hwenjere who has the proficient knowhow of running a cafe will be the third Director. 2. 2 Start-up Summary The projected initial (start-up) specie outflows: interchange outflow from purchasing equipment Desktops @ $four hundred each. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Till operate computer set. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Furniture. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . technical Printer. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Photocopier . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial scanner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash outflow from adjuvant work Software installations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Intern et installations and router. . . . . . . . . . . . . . . . . . . . . . . . . . . Stationery . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . delve for setting up the shop. . . . . . . . . . . . . . . . . . . . . . . . . . . . Air conditioner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . market material. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash outflow from compliance Company registrations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Leasing premises. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash outflow required to start the project. . . . . . . . . . . . $ 3 cc 400 600 120 2 800 ascorbic acid 50 1 200 50 three hundred 800 d 150 1 500 $ 7 220 2 900 1 650 11 770 2. 3 Company Locations and Facilities The site where the internet-cafe will be located was already headstrong before the making of this business plan. The mi litary position will be along Main street, Bulawayo CDB, between Stanbic swear and CBZ wedge, Opposite Barclays bank. Currently the premises are rent to â€Å"The Bed shop” which is running a signalize of 3 months from October, which makes it up to December.Communications have already been make with the lessor and our application has been considered. A small space which fits say-so desk and a chair has been secured for a Commissioner of Oaths to sub-lease from at a noble monthly rental $ speed of light. Other than providing a subsidy to our monthly lease payments, Commissioner of Oaths will depart into our quest to provide a one-stop-shop. 3. Services finally the internet-cafe will grant the customers access to the internet and arena Wide Web. Other secondary services will include scanning, photocopying, typing, commissioner of oaths, printing and graphic designs . 1 warring comparison The direct competitors within the sphere of watch for Cheetahs cafe is Twitters cafe located at Bulawayo ticker and Kwiknet, corner 5th and Main Street. Cheetahs’ cafe will have a better competitive supplement because it has â€Å"All services under one roof”. 3. 2 Service description The internet-cafe will provide its customers with full access to the Internet and common computer software and ironware. Some of the Internet and computing services available to the future internet-cafe customers are listed below: †entrance fee to external email accounts. †Photocopying †Scanning. Access to printing. †Typing services and graphic designs. . 3. 3 Fulfilment The internet-cafe will gain its computer hardware from local anaesthetic anesthetic stores which can be found in or around Bulawayo, crabbed interest has been in First Pack. The installation of the internet will similarly be provided by the local resources and consideration has been granted to Liquid Communications. 3. 4 applied science The internet-cafe will be providi ng its customers with computers which will be up to date with today’s system requirements. Hp is the suggested brand for computers, scanner and Printer, Minolta is the brand for a photocopier.The computers will be able to provide the customers with a form of application to serve their needs. These applications will mainly be the mainly used ones which everyone will be familiar with such as Microsoft Office. 3. 5 Future services In the future the internet-cafe will be able to hyperbolize or improve its services. When expanding the infallible fare of hardware should be purchased but what should be unplowed in mind is how far the internet cafe will be able to expand. The location may not be big enough to provide an excessive expansion of hardware.The improvement of service however could be made possible by providing the customer with additional services. A drink- and/or snack implement could be purchased for satisfying the customer, which would attract more customers and which could make the current customers stay longer. Under consideration is also provision of services such as games and receiving set internet services. 3. 6 Market segmentation Since our internet cafe is situated in the CBD of Bulawayo, The most preferent sector that Cheetahs cafe intend to serve is the functional class. The cafe will take advantage of the offices and banks surrounding the cafe. . Strategy and Implementation Summary 4. 1 Attracting customers To attract the intended customers the internet-cafe will use the budget parcelling of $500 to suspend a big metallic element banner at the upper front of the entry. Posters will cheaply using internal resources and abilities of the shop assistants to cut on costs. These posters could be placed around places where the adolescents would mainly be present such as Bulawayo centre, supermarkets, photograph house and strategical streets. Places like game-halls and sports clubs would be perfective for advertising.An different way of attracting the customer is to advertise in the local com coiffe. By advertising in the local newspaper the households would get notice of the new internet-cafe. This would result in attracting the parents of the adolescents and the middle-aged inhabitants of Bulawayo residents who frequent town. These ways of advertising will be stopped after two geezerhood. This is because over such a time period of time most inhabitants will have noticed the internet cafe and/or heard about it. 4. 2 hit the books analysis This section will focus on the SWOT analysis.The SWOT analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats twisty in a project or in a business venture. SWOT is an abbreviation for: Strength, Weakness, fortune and Threats. Strengths The strength that the internet-cafe will have is its dominant position in the local internet availability, strategic location and one-stop shop facility. Secondly, the internet-caf e should have strength in staying up-to-date with the latest computer software. By keeping the hardware updated with the needed software the customers will enjoy working with the computers.Staying updated with the newest software is also a cheap ‘ enthronization’ which again would benefit to the success of the internet-cafe Weaknesses Besides the strengths each company/business has its impuissancees. Weakness can remove to a decrease of a companys success and development. The weakness of an internet-cafe in general is the risk of virus transmission system and uneven availability of internet. Staying updated with the latest hardware is not only an expensive investment it is an investment which does not sincerely pays off its prices immediately. Over a period of years such an investment should be needed however it remains expensive.Opportunities As any other organization an internet-cafe has its opportunities. Having certain opportunities offers an organization a theo ry to expand their turnover. An opportunity of an internet-cafe is that the global population which is requiring access to the World Wide Web is slowly increasing. This increase of internet users should offer the internet-cafe a chance to expand the business. Another opportunity from which the internet-cafe might benefit is the gap of a rising demand in the market. This rise would be the outcome of the growing popularity under the inhabitants.Once one is familiar with the World Wide Web one may introduce his or her social environment to the internet. Thereby the popularity of the internet will keep on growing and finally this will reflect in an increasing number of customers for the internet-cafe. Threats One of the threats the cafe will face is the continuous accessibility to internet by the general populace through smart phones. mean competition also forces prices down. However this has been cushioned against through diversity of the portfolio. Failure of one service will be e vened out by the boom of other services. 5. Staff complementAn internet-cafe itself does not require a push-down stack of employees. The employees should have at least 5 O’ trains, be computer literate and A ‘Level would be an added advantage. 5. 1 Personnel plan The internet-cafe requires upright a handful of employees in order to function. In total the internet-cafe will count a module of a least 3 persons. One will be the till doer, his duties would be to accept payments for all services to be rendered and making payments for operational expenses. The second would be photocopying and binding; the third will be doing graphic designs and printing. Personnel plan Monthly salaryTill operator$ 200. 00 Graphic designer$160. 00 Photocopy assistant$150. 00 add $510. 00 6. Financial plan The following sections lay out the details of the financial plan for the future years. 6. 1 Start-up funding The internet cafe seeks to secure a loan of $11 770 to be precise from the b ank according to the initial cash flow teaching above marked 2. 2. Repayment Plan The forethought of Cheetahs’ internet cafe pledges to repay the loan in a space of two years. The repayments will be made on a month-to month basis. expect an interest of 10% per annum, monthly repayment do would thus be estimated at $668.Proposed security I, macrocosm one of the directors will pledge the title workings for a house which is valued at $15 000. The details of which are as follows: Stand no. 4875 Budiriro 4 Harare ?If need be, the title kit and caboodle shall be provided upon request 6. 2 Projected profit and loss YEAR 1YEAR 2 trades51 00065 000 Add rent income from sub-leasing 1 200 1 200 Expenses(32 679)(34 809) Salaries(6 120)(6 120) Marketing ( 500)( 300) Machinery and equipment maintenance( 600)( 450) Internet subscriptions(12 000)(14 000) Rent(9 600)(9 600) Transport costs(720)( 720) Stationery(1 020)(1 500)Loan interest @ 18% p. a(2 119)(2 119) gain Profit before ta x and after interest19 52131 391 less(prenominal) tax(2 928)(5489) Net Profit after interest and tax16 95325 902 Cheetahs Internet cafe 6. 3Statement of the Financial Position for two years YEAR1YEAR 2 $$ Non-Current Assets Computers3 2003 200 Photocopier2 8002 800 Printer120 120 Furniture600 600 Commercial scanner100 100 TOTAL 6 8206 820 Current Assets Bank24 00024 000 Cash422 1 582 Debtors100 300 31 34240 702 Equity and Liabilities Loan [email protected]%13 889 †Profit for the year16 95325 902 Owner’s equity14 000Current Liabilities Creditors 500800 31 34240 702 A CASH FLOW STATEMENT FOR CHEETAHS’ INTERNET cafe FOR TWO YEARS Cash inflow from operating activities Cash received from sales Receipts from Debtors retributions to creditors Payment of expenses Cash flow from investing activities Purchase of equipment Sale of machinery Cash flow from financing activities Loan affair payment Net cash flow starting time cash eternal sleep Ending cash balance Year 1 14 771 50 900 100 (500) (35 729) (6 800) †11 770 (2 119) 24 422 †24 422 Year 2 29 391 64 700 300 (800) (34 809) †††(4 238) 25 153 24 422 49 575\r\n'