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        Is my BP executive summary all right?
       
      
    
    
    
                  
        Business plan 
 
1.1.0       EXECUTIVE SUMMARY 
 
Enhle Industries is a wooden products manufacturing company established 
 In 2004, and located about 100 km from Gaborone, in the village of 
 Kanye in Botswana. It is doing business in the catering Industry. The 
 Company exists to design, manufacture and sell products such as tables, 
 Chairs, shade umbrellas and so on to catering firms and interested 
 Individuals for domestic purposes.  
 
To meet the current growing need of the emerging and fast growing 
 Catering firms of Botswana, the company therefore intends to expand and 
 Venture into the manufacturing of round and multipurpose (domestic and 
 Industrial use) wooden tables, chairs and other products. This need was 
 Identified through a customer feedback analysis survey conducted by the 
 Company recently in the following locations: Kanye, Gaborone, Molepulole, 
 Mahalapye, Serowe and Mochudi. These areas have the leading population 
 In Botswana which makes the company to be assured of the market. 
 
 Designing and Manufacturing of round tables, chairs and other wooden 
 Products will help us to gain a more competitive advantage over our 
 Competitors because we would be able to cater specifically to our clients 
 Needs as they will be no requirement to outsource or rent out any 
 Equipment required by our clients as we would construct and deliver directly 
 To their needs. By building on past working relationships with current 
 Suppliers and other companies and by actively marketing to new 
 Potential customers of the company, we will be able to capture 15-20% of the 
 Market and the business share is expected to be about 35-40 % of the 
 Total market in Botswana. 
 
The company is administratively located in kanye village at Mepakong 
 Ward, about 100 km from Gaborone the capital town of Botswana. It is 
 Currently based in the resident of Zama Msibi one of the two partners. In 
 Addition to attending to the administration and Accounting duties Zama 
 Also oversees the production processes to ensure quality products. His 
 Partner, Shadrack Lungu, oversees the marketing sector, to ensure that 
 The company is reaching its targeted customers timely and effectively by 
 Marketing itself directly to its customers through the press, 
 Electronic media and Internet to enhance its profile and products. 
 
Enhle Industries has a strong management team who currently run the 
 Company. Zama N. Msibi, President and executive director, was previously 
 The branch managing director of Skonkwane Stores (one of the most few 
 Reputable hardware shops in Swaziland).He has both the practical and the 
 Professional experience in the carpentry industry. Shadrack Lungu is 
 The founder of Atoms Electrical Company and he is good in inventories, 
 Designing and marketing. Additional staff members include the marketing 
 Research manager whose duty is to collect evidence about what customers 
 Needs, Public relations manager who exists to monitor the company’s 
 Public image and reputation as well as the brand manager whose mission 
 Is to make sound decisions concerning a particular brand. 
 
In the past two years this business has been doing well, specialising 
 In making interior decorative African arts and selling to curio shops 
 And interested individuals from the local community. Enhle industries 
 Began to gain more customers from catering firms who were requesting the 
 Company if it can make a 10 to 15 sitter round tables mainly for wedding 
 Ceremonies. This started as a small diverse for the company products 
 But needles to say now it is the main reason the company want to expand 
  And establish a big workshop. Enhle has established excellent working 
 Relations with both the catering firms and timber suppliers for the 
 Purpose of its products manufacturing. From suppliers the company is 
 Beginning to be considered as a company with the potential of having the 
 Buying power and thus they have started to give it a good discount.  When 
 Piloting further this new product, over the last past month in one of 
 The surrounding villages, the company managed to raise an amount of 
 About P 26000 within the period of a month.  
 
The company designs and manufactures wooden round multipurpose table 
 And other wooden products mainly for the catering firms which exist to 
 Support wedding ceremonies in the village of Kanye, the surrounding areas 
 And Botswana as a whole. In the past these customers has been opting 
 To using metal or plastic tables imported either form Zimbabwe or South 
 Africa. Over the years customers’ interest has shifted from such 
 Products due to several reasons. Metal products are promptly to rust while 
 The plastic ones are not able to resist the high climatic temperature 
 Conditions of Botswana and hence lose colour, shape and brake easily. 
 
Enhle Industries is seeking growth capital in the amount of P300, 000, 
 00 for the purpose of purchasing operating tools such as industrial 
 Machines, raw materials and for training existing personnel in the use of 
 Those equipments and employing expertise on certain disciplines. 
 Acquiring new technology will result in a 50% increase in production and will 
 Decrease the unit cost by 30 %. 
 
This funding is needed in time for the equipment to be delivered in 
 Place by February 20, 2008, there is two months period between order 
 Placement and delivery date. Training of employees on the new technology is 
 Projected to cover a three week period following equipment placement. 
 
The company is expected to breakeven 24-36 months after completion of 
 The employee training period. Repayment of the loan and interest can 
 Begin promptly within 30 days of receipts of funds. The loan can be 
 Secured by Atoms Electrical Company that has a 2005 assessed valuation of 
 P250, 000, 00.
     
     
    
    
    
    
    
    
  
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