SOMASTARS

* Business Plan Title: (Accessories) Making Ropes Using Custom Rubber Bands

# Document Structure

This business plan document contains a well detailed sections/,contented and organized chapters as per the Examiners requirements in a broad perspective.

* Below are the 6 main key sections Adressed in (Accessories) Making Ropes Using Custom Rubber Bands business Plan

1. THE EXECUTIVE SUMMARY: Explaning a brief description of the whole business plan , highligting the main objective of each chapter in a well organized summary form.
2. CHAPTER ONE: this chapter or section tries to explain the background of the proposed business,need to carry it out, business initiator , the industry into which the business planned is to fall on,the strategy put across to initiate the business and finally the goals or objectives the business is set to meet.
3. CHAPTER TWO: this is the marketing planning and the second phase in the business plan which provides the basis for the organizational, operational and financial plans.it also entails marketing of the products and services, marketing opportunities and challenges and the strategies to cope with the challenges arising from the market.
4. CHAPTER THREE: this is the Organizational plan and third phase of the businness planning which entails in details the developement of policies for staff and human resource management which will enable you to achieve the efficient processing of goods or effective performance of services.Detailed information about job descriptions, employee evaluations,training and staff compensation plans and finally the services required for your business.
5. CHAPTER FOUR: This is the operational and fourth phase of business planning, which describes the facilities, labour, and overheads required to manufacture the proposed product or service.It also indicates any regulations , compliances, and approvals that will affect your operations.
6. CHAPTER FIVE: This is the final chapter and describes the financial aspects of a firm. To help gauge the future financial potential of the firm, the Pro-forma Balance Sheets, Pro-forma Profit and Loss Accounts and a Projected Cash flow Statement. The chapter also highlights the Financial Requirements and the Proposed Capitalization. Finally The Break-even Level of Sales and the expected Profitability Rations have also been calculated

# Brief Business Description

The proposed business shall be engaged in making Ropes using custom rubber bands, as an alternative to plastic or metal ones. The product shall be of high quality, skilled personnel Shall be employed and appropriate shape shall be monitored. The measurements shall depend on the size the client wants and all the sizes shall be available. That is small, medium, and long. Proper pricing policy shall also be adopted, to assist customers in acquiring this product. The rate at which different sizes of the product shall be made shall depend on their demand in the market. This means that, the most demanded size shall…