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    snasheya's Avatar
    snasheya Posts: 19, Reputation: 2
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    #1

    Nov 27, 2007, 09:38 AM
    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.
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
     
    #2

    Nov 28, 2007, 12:50 AM
    Just in my opinion, I think that it may be a little long for a summary. I mean, a summary is a summary and should really just summarize in a few details about a company. Also, it would seem that some parts of your Executive Summary might be better placed in another portion of a business plan.

    But, then again, I don't know what instructions you were given from your teacher about writing the summary.

    As far as your summary being good in the content, you have done a really good job of being informative! You might want to re-check the spelling and also look for words that might need to be capitalized, though.

    If you click on the following search, you will find examples of business plans. Seeing them might give you better ideas as to how to word your Executive Summary for a business plan.

    Example Business Plan Executive Summary - Google Search
    snasheya's Avatar
    snasheya Posts: 19, Reputation: 2
    New Member
     
    #3

    Nov 28, 2007, 04:24 AM
    Thanks a lot for your input. It is highly appreciated.

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