BUSINESS DISCRIPTION
Company name:
The legal name of the company is MWANANCHI MINI SUPERMARKET
FOUNDER
GROUP SEVEN Address:
P.O. BOX 2798
Arusha
Telephone:
+255 712 920 857
Fax:
+255 27 2549421
Legal form of business:
Based upon competent accounting, legal and tax advice Mwananchi Supermarket was established as Sole Proprietorship with group seven. This business structure will afford Mwananchi mini Supermarket opportunities for having complete control and decision-making power over the business while protecting its equity and loan.
Ownership
SOLE PROPRIETORS
Significant asset
WORKING CAPITAL
Mission statement
Mwananchi Mini Supermarket’s mission is to offer top quality product that cost less and are readily available. Our first responsibility is to the customers who use our products and services and second responsibility is to our employees and community.
EXECUTIVE SUMMARY:
Business Concept:
The purpose of this business plan is to raise Tsh30,000,000 for the expansion of Mwananchi Mini-Supermarket while showcasing the financials and operations of the past three years and expected financials and operations over the next coming years. Mwananchi Supermarket is a mini-supermarket based company that provides a wide selection and variety of products from small domestic (local) industries and imported products from different parts of the world. Mwananchi Supermarket will generate substantial gross margins that will allow the business to generate profitable revenue throughout the course of the calendar year.
MARKET ANALYSIS
Market Competition:
Mwananchi Mini-Supermarket is located in Sakina, Arusha Municipal (along Nairobi Road) a community of approximately 350,000people. It was established three years ago (that is, 2010).
There are approximately 40mini-supermarkets around the area (Sakina). Competition in mini-supermarkets based consumer market is substantial. This is primarily due to the fact that there has become an