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Buloba Business Technical and Vocational Institute: P.O Box 4546 Kampala Bwambale Ronald Accounting and Finance

This document outlines the mission, vision, aims and objectives of Nata Takeaway business. The mission is to produce quality milk tea for customers. The vision is to establish a high quality and profitable business. Key objectives include understanding customer preferences, acquiring business skills like management and maximizing profits. Estimations show total costs of 219,000 UGX and expected sales of 3.9 million UGX over 6 months, with an expected profit of 3.68 million UGX. In conclusion, the founder believes they are ready to start the business which should be profitable and grow over time.

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Bwambale Ronald
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1K views2 pages

Buloba Business Technical and Vocational Institute: P.O Box 4546 Kampala Bwambale Ronald Accounting and Finance

This document outlines the mission, vision, aims and objectives of Nata Takeaway business. The mission is to produce quality milk tea for customers. The vision is to establish a high quality and profitable business. Key objectives include understanding customer preferences, acquiring business skills like management and maximizing profits. Estimations show total costs of 219,000 UGX and expected sales of 3.9 million UGX over 6 months, with an expected profit of 3.68 million UGX. In conclusion, the founder believes they are ready to start the business which should be profitable and grow over time.

Uploaded by

Bwambale Ronald
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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BULOBA BUSINESS TECHNICAL AND VOCATIONAL

INSTITUTE
P.O BOX 4546 KAMPALA

BWAMBALE RONALD
ACCOUNTING AND FINANCE
CONTACT:0770-500955

RE: A REPORT ON THE ACTIVITIES OF OUR BUSINESS OF NATA TAKEAWAY

MISSION:

The mission of our business is to produce quality and adequate milk tea to our customers
(residents and non-residents of Buloba Trading Centre).

VISION:

The vision of our business is to establish a high quality and profitable business.

AIMS AND OBJECTIVES

 To enable us understand the tests and preferences of people so as to acquire marketing


skill.
 To acquire business skills like learning how to manage and control the business so as to
maximize the profit.
 We made feasibility with the guidance of our instructor ‘Mr. Kizza John’ as BAHATI
SYLIVIA. Business located in Buloba kasero Trading Centre and this enabled us to
achieve practical business skills as follows;-
 Costing. The costing of items for my business.
 Negotiating with our suppliers of stock which is so relevant for profitability of our
business
 We were able to acquire the knowledge of determining the price of the items going to
deal in which creates a profit magine and hence growth of our business
 It has enabled us to scan our business environment and peoples’ needs in relation to our
milk tea business (milk and bread)
 We were able to know the real life skills of handling customers in business and maintain
them.
 We have acquired practical marketing skills for running the business and growth.
ESTIMATIONS AND BUDGETING OF OUR BUSINESS

We have acquired the knowledge of estimating items required for my business and the
final estimation had the following.
Total cost of all my items are valued at Ush.
Our estimated fixed assets reflect total of 196,000/=
Our estimated current assets reflect total of 23,900/=
Total cost of all our items are valued at Ush 219,000/=

Fixed Assets 196,000/=


Current Assets 23,900/=
Total Estimation 219,900/=

And these estimations a based on the amount of capital we going to invest in business
Ug. shs 100,000/=.
We also made a sale forecast which reflected the expected total returns of 3,900,000/= for
the period from January- 1-2021 to June 1- 2021 of our semester two.

THE CASH BUDGET


We have been in position to prepare a cash budget which reflects a total income of Ug.
shs 3,900,000/= which difference of the two shows an expected profit of 3,680,100/= of
period ending.
In conclusion therefore, basing on what we have achieved as method above we are ready
to start a business in the financial period of January –June. We also expect it to be
profitable and grow basing on the environment scanned. Also with experience which we
to acquire, is going to enable me expand me expand my business and earn more income
as profit.

Yours faithfully

.................................
BWAMBALE RONALD

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