Do you want to start a business center and need to write a plan? If YES, here is a sample photocopy shop business plan template & FREE feasibility report.
There is hardly anyone that doesn’t have one thing to do with business centers. This is because there will always be a need to deal with photocopiers, papers and letters, as well as other things. This is one of the reasons why the business center/ photocopy shops have continued to smile to the banks.
This is a very lucrative venture that will do anyone who plans to go into it a world of good. One of the things that you will be required to do as you launch your business is to write a business plan. Here is a sample Business centre/ Photocopy shop;
A Sample Business Center / Photocopy Shop Business Plan Template
1. Industry Overview
A business center cum photocopy shop is a business that handles business related services such as typing documents, printing documents, laminating documents, scanning documents, photocopying documents, fax and telephone services et al. It is a business that any serious minded aspiring entrepreneur with little schooling can successfully handle.
In recent time, businesses that operate a conventional business center cum photocopying / copy shops / copy center usually aspire to grow big and offer other comprehensive services that revolve around business related services which is why they are called business services centers.
It is a business that offer premium services such as copying and reproduction services, postal and shipping services and mailbox rentals, printing services and packaging and labeling services The Business Service Centers Industry provides mailbox rental and other postal and mailing services (except direct-mail advertising).
Establishments that provide these mailing services along with one or more other office support services, such as facsimile services, word-processing services, on-site PC rental services and office product sales, are included in the industry.
It is important to state that business centers which is generally known as copy centers or copy shops are also part and parcel of this industry.
The Business Service Centers Industry is indeed a thriving industry and pretty much active in all the parts of the world as long as business services and education related services are conducted.
Statistics has it that in the united states of America alone, there are about 23,213 registered and licensed business services centers responsible for employing about 80,473and the industry rakes in a whooping sum of $9billion annually.
The industry is projected to enjoy 1.2 percent annual growth. Although there are no market leader in the copy center or copy shop category, but when it comes to the overall business services centers industry, companies such as FedEx Corporations and United Parcel Services are indeed the market leaders not just in the United States of America, but also on the global stage.
Any aspiring entrepreneur that is considering starting this type of business whether on a small scale or in a large scale should ensure that he or she conducts thorough market survey and feasibility studies so as to get it right. The truth is that, this type of business do pretty well when it is strategically positioned.
Places like campus, school board / districts, passport office, immigrations centers, licensing offices and recruiting centers are ideal for this type of business.
Over and above, the Business Service Centers Industry is a profitable industry and it is open for any aspiring entrepreneur to come in and establish his or her business; you can chose to start on a small scale in one or two public facilities or if you have the capital and business exposure, then you can chose to start on a large scale with several outlets in key cities.
2. Executive Summary
Do It All® Business Enterprise, Inc. is a registered and licensed business enterprise in the Business Service Centers Industry that will operate a standard business services firm. Although our business services center will be based in Lansing – Michigan where we have been able to secure a standard office facility that is ideal for the kind of business we want to pursue.
We have plans to also spread across the state of Michigan with smaller kiosk – like photocopy shops strategically positioned in key areas campus, school board / districts, passport office, immigrations centers, licensing offices and recruiting centers et al.
Do It All® Business Enterprise, Inc. will be involved in all aspect of business support services such as typing documents, printing documents, laminating documents, scanning documents, photocopying documents, fax and telephone services et al.,
Private mailbox rental services, private mailbox rental services combined with one or more other office support services, private parcel mailing services combined with one or more other office support services, blueprinting services, business services centers, providing a range of office support services, reprographic services, and sale of greeting cards, postal cards and call cards et al.
Our business goal is to become one of the leading business services centers in the Michigan and we will make sure that every services we handle compete favorably with the best in the industry.
We are aware that there are several large and small business services centers all around Lansing – Michigan which is why we spent time and resources to conduct a thorough feasibility studies and market survey so as to position our business services center cum copy shops in strategic places in and around Michigan and also to offer much more than our competitors will be offering in terms of products and of course customer service.
Much more than delivering excellent jobs, our customer care is going to be second to none in the whole of Lansing – Michigan.
We know that our customers are the reason why we are in business which is why we will go the extra mile to get them satisfied when they make use of any of our business services center or copy shops and also to become our loyal customers and ambassadors.
At Do It All® Business Enterprise, Inc. our client’s best interest come first, and everything we do will be guided by our values and professional ethics. We will ensure that we hold ourselves accountable to the highest standards by delivering excellent and neat jobs and also meeting our client’s needs precisely and completely.
We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our clients. Do It All® Business Enterprise, Inc. is a family business that is owned and managed by Michael Ryan and his immediate family members.
The business will be managed by his son Lewis Ryan a graduate of Business Administration who has extensive experience working with one of the leading business services centers in the United States of America. He will bring his experience and expertise to help build and grow Do It All® Business Enterprise, Inc. to compete favorably with other leading companies in the business center services industry in the United States of America.
3. Our Products and Services
Do It All® Business Enterprise, Inc. is in the business center services industry for the purpose of making profits and we will ensure we go all the way position our business center cum copy shops in key locations all around the state of Michigan.
We are going to do all that is permitted by the laws in the United States of America to achieve our business goals. Here are some of the products and services that will be available in our business services center cum copy shop locations;
- Typing documents, printing documents, laminating documents, scanning documents, photocopying documents, fax and telephone services et al.
- Private mailbox rental services
- Private mailbox rental services combined with one or more other office support services
- Private parcel mailing services combined with one or more other office support services
- Blueprinting services
- Business services centers
- Providing a range of office support services
- Reprographic services
- Sale of greeting cards, postal cards and call cards
4. Our Mission and Vision Statement
- Our vision is to build a business services center cum copy shop that will have active presence all over major locations in Michigan.
- Our mission is to establish a standard and world – class business services center cum copy shop that will make available a wide range of services and products as it relates to the service offerings in the business center services industry at affordable prices to the residence of Lansing – Michigan, and other locations in the state of Michigan where we intend positioning our kiosk like copy shops.
Our Business Structure
Do It All® Business Enterprise, Inc. do not intend to start a business services center in one location; our intention of starting a business services center is to build a standard business with kiosk like copy shops in strategic locations not just in Lansing, but all though key locations in the state of Michigan.
We will ensure that we put the right structure in place that will support the kind of growth that we have in mind while setting up the business.
In putting in place a good business structure, we will ensure that we hire only people that are qualified, honest, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders (the owners, workforce, and customers).
As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more. In view of that, we have decided to hire qualified and competent hands to occupy the following positions;
- Chief Executive Officer (Owner)
- Admin and Human Resources Manager
- Sales and Marketing Manager
- Business Center Operators
- Accountant
- Client Services Executive
- Dispatch Riders
5. Job Roles and Responsibilities
Chief Executive Officer – CEO:
- Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities.
- Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
- Responsible for fixing prices and signing business deals
- Responsible for providing direction for the business
- Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
- Responsible for signing checks and documents on behalf of the company
- Evaluates the success of the organization
- Reports to the board
Admin and HR Manager
- Responsible for overseeing the smooth running of HR and administrative tasks for the organization
- Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
- Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
- Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
- Enhances department and organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
- Defines job positions for recruitment and managing interviewing process
- Carries out staff induction for new team members
- Responsible for training, evaluation and assessment of employees
- Responsible for arranging travel, meetings and appointments
- Oversee the smooth running of the daily office activities.
Sales and Marketing Manager
- Manages external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones
- Model demographic information and analyze the volumes of transactional data generated by customer purchases
- Identifies, prioritizes, and reach out to new partners, and business opportunities et al
- Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of development projects.
- Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
- Develops, executes and evaluates new plans for expanding increase sales
- Documents all customer contact and information
- Represents the company in strategic meetings
- Help increase sales and growth for the company
Business Center Operators
- Responsible for handling services such as typing documents, printing documents, laminating documents, scanning documents, photocopying documents, fax and telephone services et al.
- Responsible for handling private mailbox rental services
- Responsible for handling private mailbox rental services combined with one or more other office support services
- Responsible for handling private parcel mailing services combined with one or more other office support services
- Responsible for handling blueprinting services
- Providing a range of office support services
- Responsible for handling reprographic services
- In charge of the sale of greeting cards, postal cards and call cards
Accountant
- Responsible for preparing financial reports, budgets, and financial statements for the organization
- Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
- Responsible for financial forecasting and risks analysis.
- Performs cash management, general ledger accounting, and financial reporting
- Responsible for developing and managing financial systems and policies
- Responsible for administering payrolls
- Ensuring compliance with taxation legislation
- Handles all financial transactions for the organization
- Serves as internal auditor for the organization
Client Service Executive
- Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
- Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
- Manages administrative duties assigned by the human resources and admin manager in an effective and timely manner
- Consistently stays abreast of any new information on the organizations’ products, promotional campaigns, etc to ensure accurate and helpful information is supplied to clients when they make enquiries.
Dispatch Riders:
- Delivers customer’s documents promptly
- Runs errand for the organization
- Handle any other duty as assigned by the sales and marketing executive and plant manager
6. SWOT Analysis
Our intention of starting our business services center business in strategic location in Lansing – Michigan is to test run the business for a period of 3 to 6 months to know if we will invest more money, expand the business and then install 25 more copy shops first all – around key locations in Lansing before spreading to key cities in the state of Michigan.
We are quite aware that there are several copy shop businesses all over Michigan and even in the same locations where we intend installing ours, which is why we are following the due process of establishing a business.
We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be well – equipped to confront our threats.
Do It All® Business Enterprise, Inc. employed the services of an expert HR and Business Analyst with bias in startups to help us conduct a thorough SWOT analysis and to help us create a Business model that will help us achieve our business goals and objectives. This is the summary of the SWOT analysis that was conducted for Do It All® Business Enterprise, Inc.;
- Strength:
The strategic locations we intend installing our kiosk – like copy shops, the business model we will be operating on, ease of payment, wide range of services and our excellent customer service culture will definitely count as a strong strength for Do It All® Business Enterprise, Inc.
So also we have a team that can go all the way to give our clients value for their money; a team that are trained and equipped to pay attention to details and deliver jobs on time.
- Weakness:
A major weakness that may count against us is the fact that we are a new business services center and we don’t have the financial capacity to compete with multi – million dollars companies such as FedEx Corporation and United Parcel Services who are key establishments in this industry.
- Opportunities:
The fact that we are going to install our kiosk like copy centers in some of the busiest locations all around the state of Michigan provides us with unlimited opportunities to sell our products and services to a large number of people.
We have been able to conduct thorough feasibility studies and market survey and we know what our potential clients will be looking for when they visit our kiosk like copy center locations; we are well positioned to take on the opportunities that will come our way.
- Threat:
Just like any other business, one of the major threats that we are likely going to face is economic downturn. It is a fact that economic downturn affects purchasing / spending power. Another threat that may likely confront us is the arrival of a business services center or copy shop in same location where ours is located. unfavorable government policies can also pose a threat to businesses such as ours.
7. MARKET ANALYSIS
- Market Trends
The business services center is evolving and loads of smaller businesses who basically into services such as typing documents, printing documents, laminating documents, scanning documents, photocopying documents, fax and telephone services et al are now positioning themselves to maximize the potentials of generating huge income from the business center services industry.
Although the fact that the industry is divided in the two categories make it easier for aspiring entrepreneurs to choose to start on a small scale – kiosk like copy center or copy shop or to start big by offering all the services that establishments like United Parcel Services and FedEx Corporations offers.
One common trends in the business center services industry especially amongst copy centers is that they ensure that they do all that is within their capacity to get a shop or office close to places such as campuses, school board / districts, passport office, immigrations centers, licensing offices and recruiting centers et al. With that, it is easier for them to attract clients on a regular basis.
8. Our Target Market
The target market for those who need the services and products of business services centers are all encompassing. It is fact that almost all adults would have one or two reasons why they should patronize the services of business services centers.
In view of that, we have positioned our kiosk like copy shops in strategic locations to service the residence and visitors in Lansing and other towns in the state of Michigan. We have conducted our market research and we have ideas of what our target market would be expecting from us. We are in the business center services to attract the following clients;
- Applicants
- Corporate Executives
- Business People
- Sports Men and Women
- Students
- Children
- Adults
- Tourists
Our Competitive Advantage
The competitions that exist in the business center services industry is stiff simply because anyone can start a kiosk like copy shop business; it isn’t financially tasking to start, as you can purchase a used photocopy machine, computers, fax machine, phone box, printing machines, laminating machines and scanning machine et al even that of a popular brand at a cheap price, and still get the most out of it.
Although, the business center services industry requires some form of trainings and expertise, both that does not in any way stop any serious minded entrepreneur to start the business and still make good profit out of this business.
Do It All® Business Enterprise, Inc. is launching a standard business center services company that will indeed become the preferred choice of residence of Lansing – Michigan and in every other location where our kiosk-like copy shops will be located.
Our excellent customer service culture, highly competitive prices, reliable and easy to use payment option and the visibility of our kiosk like copy shops will serve as a competitive advantage for us.
Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category (startups business services center cum copy shop companies) in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.
9. SALES AND MARKETING STRATEGY
- Sources of Income
Do It All® Business Enterprise, Inc. is established with the aim of maximizing profits in the business services industry and we are going to go all the way to ensure that we do all it takes to offer our services and products to a wide range of customers. Do It All® Business Enterprise, Inc. will generate income by offering the following services and products;
- Typing documents, printing documents, laminating documents, scanning documents, photocopying documents, fax and telephone services et al.
- Private mailbox rental services
- Private mailbox rental services combined with one or more other office support services
- Private parcel mailing services combined with one or more other office support services
- Blueprinting services
- Business services centers
- Providing a range of office support services
- Reprographic services
- Sale of greeting cards, postal cards and call cards
10. Sales Forecast
One thing is certain, there would always be individuals or group of people in Lansing – Michigan and in the United States of America who would always need the services of business services centers for the various purposes such as typing documents, printing documents, laminating documents, scanning documents, photocopying documents, fax and telephone services et al.
We are well positioned to take on the available market in Lansing – Michigan and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow the business and our clientele base beyond Lansing – Michigan to other cities in the state of Michigan where we intend installing our kiosk like copy shops.
We have been able to critically examine the business services center industry and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projection is based on information gathered on the field and some assumptions that are peculiar to startups in Lansing – Michigan.
Below are the sales projection for Do It All® Business Enterprise, Inc., it is based on the location of our business and the wide range of products and services that we will be offering;
- First Fiscal Year-: $120,000
- Second Fiscal Year-: $400,000
- Third Fiscal Year-: $750,000
N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and natural disasters within the period stated above. There won’t be any major competitor offering same additional services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.
- Marketing Strategy and Sales Strategy
Before choosing locations for our business center cum copy shops, we conduct a thorough market survey and feasibility studies in order for us to be able to be able to penetrate the available market and become the preferred choice for visitors and residence of Lansing – Michigan.
We have detailed information and data that we were able to utilize to structure our business to attract the numbers of customers we want to attract per time.
We hired experts who have good understanding of the business services center industry to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in Lansing – Michigan and every other cities we intend installing our kiosk like copy shops.
In other to continue to be in business and grow, we must continue to attract clients to patronize our products and services which is why we will go all out to empower or sales and marketing team to deliver. In summary, Do It All® Business Enterprise, Inc. will adopt the following sales and marketing approach to win customers over;
- Introduce our business by sending introductory letters alongside our brochure to corporate organizations, schools, households and key stakeholders in Lansing and other cities in Michigan.
- Print handbills about our business center and its locations, and also give our kiosk like copy shops unique look, by painting them with bright colors or putting a large neon sign on it, so that it is easily recognizable to customers.
- Advertise on the internet on blogs and forums, and also on social media like Twitter, Facebook, LinkedIn to get our message across, so that those on the social media or those who read blogs can know where to go when they need the services of a business center cum copy shop
- Creating a basic website for our business, so as to give our business an online presence (list the locations of our kiosk like copy shops)
- Directly market our business center cum copy shops.
- Join local business centers associations for industry trends and tips
- Provide discount days for our customers
- Advertise our business in community based newspapers, local TV and radio stations
- List our business on yellow pages ads (local directories)
- Encourage the use of Word of mouth marketing (referrals)
11. Publicity and Advertising Strategy
Despite the fact that our business center cum kiosk like copy shops will be well located, we will still go ahead to intensify publicity for the business. We are going to explore all available means to promote our business.
Do It All® Business Enterprise, Inc. has a long term plan of installing our kiosk like copy shops in various locations in key cities all around the state of Michigan which is why we will deliberately build our brand to be well accepted in Lansing – Michigan before venturing out.
As a matter of fact, our publicity and advertising strategy is not solely for winning customers over but to effectively communicate our brand. Here are the platforms we intend leveraging on to promote and advertise Do It All® Business Enterprise, Inc.;
- Place adverts on both print (community based newspapers and magazines) and electronic media platforms
- Sponsor relevant community programs
- Leverage on the internet and social media platforms like; Instagram, Facebook , twitter, et al to promote our brand
- Install our BillBoards on strategic locations all around Lansing – Michigan
- Engage in road show from time to time
- Distribute our fliers and handbills in target areas
- Position our Flexi Banners at strategic positions in the location where our kiosk like copy shops are located.
- Ensure that all our workers wear our branded shirts and all our vehicles are well branded with our company’s logo et al.
12. Our Pricing Strategy
Pricing is one of the key factors that give leverage to business centers cum copy shops, it is normal for consumers to go to places where they can get good deals. We are aware of this trend which is why we have put structures in place that will enable us charge fees that are a little bit below the industry’s average.
We will ensure that we reduce our overhead, and we are ready to run on low profit margin for the first six months of launching the business just for the purpose of attracting loyal clients and build our clientele base.
- Payment Options
The payment policy adopted by Do It All® Business Enterprise, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.
Here are the payment options that Do It All® Business Enterprise, Inc. will make available to her clients;
- Payment via bank transfer
- Payment with cash
- Payment via online bank transfer
- Payment via check
- Payment via bank draft
- Payment via mobile money
In view of the above, we have chosen banking platforms that will enable our client make payment for farm produces purchase without any stress on their part. Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfer for our services and products.
13. Startup Expenditure (Budget)
In setting up any business, the amount or cost will depend on the approach and scale you want to undertake. If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.
This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.
As for the detailed cost analysis for starting a business services center cum copy shop; it might differ in other countries due to the value of their money.
When it comes to starting a business services center or copy shop the major areas that you look towards spending the bulk of your cash is in the purchase of photocopy machine, computers, fax machine, phone box, printing machines, laminating machines and scanning machine et a land of course renting or leasing well located facilities.
Aside from that, you are not expected to spend much except for paying of your employees and the purchase of supplies. This is the key areas where we will spend our start – up capital;
- The Total Fee for Registering the Business in the United States – $750.
- Legal expenses for obtaining licenses and permits as well as the accounting services (software, P.O.S machines and other software) – $1,300.
- Marketing promotion expenses for the grand opening of the business in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of $3,580.
- Cost for hiring Business Consultant – $2,500.
- The amount needed for the purchase of insurance policy cover (general liability, workers’ compensation and property casualty) coverage at a total premium – $2,400.
- Cost for payment of rent for 12 month at $1.76 per square feet in the total amount of $105,600.
- Cost for the facility and remodeling – $70,000.
- Other start-up expenses including stationery ($500) and phone and utility deposits ($2,500).
- Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $60,000
- The cost for Start-up inventory (stocking with printing papers, refillable ink – cartridges and other relevant supplies) – $10,000
- Cost for store equipment (cash register, security, ventilation, signage) – $13,750
- Cost of purchase and installation of CCTVs: $10,000
- The cost for the purchase of furniture and gadgets for the office (photocopy machine, computers, fax machine, phone box, printing machines, laminating machines and scanning machine, TVs, Sound System, tables and chairs et al): $50,000.
- The cost of Launching a Website: $600
- The cost for our opening party: $7,000
- Miscellaneous: $10,000
We would need an estimate of $250,000 to successfully set up our business services center in Lansing – Michigan. Please note that this amount includes the salaries of all the staff for the first month of operation.
Generating Funding / Startup Capital for Do It All® Business Enterprise, Inc.
No matter how fantastic your business idea might be, if you don’t have the required money to finance the business, the business might not become a reality. Finance is a very important factor when it comes to starting a business such as commercial poultry farming.
No doubt raising startup capital for a business might not come cheap, but it is a task that an entrepreneur must go through. Do It All® Business Enterprise, Inc. is a family business that is solely owned and financed by Michael Ryan and his immediate family members.
We do not intend to welcome any external business partners, which is why we have decided to restrict the sourcing of the start – up capital to 3 major sources. Since they are the sole financier of the business, they have decided to adopt the following means to generate start – up capital for the business;
- Generate part of the start – up capital from personal savings
- Source for soft loans from family members and friends
- Apply for loan from my Bank
N.B: We have been able to generate about $50,000 (Personal savings $40,000 and soft loan from family members $10,000) and we are at the final stages of obtaining a loan facility of $200,000 from our bank. All the papers and document have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount.
14. Sustainability and Expansion Strategy
The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop.
One of our major goals of starting Do It All® Business Enterprise, Inc. is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.
We know that one of the ways of gaining approval and winning customers over is to properly position our business services center cum copy shops, ensure competitive price for our services and products, availability of related merchandize and of course excellent customer service delivery et al.
Do It All® Business Enterprise, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare is well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.
As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.
Check List / Milestone
- Business Name Availability Check: Completed
- Business Registration: Completed
- Opening of Corporate Bank Accounts: Completed
- Securing standard photo booths: In Progress
- Opening Mobile Money Accounts: Completed
- Opening Online Payment Platforms: Completed
- Application and Obtaining Tax Payer’s ID: In Progress
- Application for business license and permit: Completed
- Purchase of Insurance for the Business: Completed
- Leasing of facility for positioning our business services center cum copy shops and remodeling the facility : In Progress
- Conducting Feasibility Studies: Completed
- Generating capital from family members: Completed
- Applications for Loan from the bank: In Progress
- Writing of Business Plan: Completed
- Drafting of Employee’s Handbook: Completed
- Drafting of Contract Documents and other relevant Legal Documents: In Progress
- Design of The Company’s Logo: Completed
- Graphic Designs and Printing of Packaging Marketing / Promotional Materials: In Progress
- Recruitment of employees: In Progress
- Purchase of the Needed furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV: In progress
- Creating Official Website for the Company: In Progress
- Creating Awareness for the business both online and around the community: In Progress
- Health and Safety and Fire Safety Arrangement (License): Secured
- Opening party / launching party planning: In Progress
- Compilation of our list of services and products that will be available in our various copy shop locations: Completed
- Establishing business relationship with vendors – suppliers of all our needed products et al: In Progress