BUSINESS PLAN FOR ABDUREZAQ

AND KEDR MEHAMED AND THEIR

FRENDIS

Warehousing

Prepared by: oumer seid consultancy service

for economic development business and
investment

January 25/1/2025

Wollo
kombolcha

Table of Contents
1. Executive Summary...............................................................................................................................1
1.1. Business Description...........................................................................................................................1
1.2. Marketing........................................................................................................................................1
1.3. Strategies.........................................................................................................................................2
1.4. Managerial and Technical Expertise.............................................................................................2
1.5. Financial Request and Cash Flow.................................................................................................2
2. Vision and Mission Statement..............................................................................................................2
2.1. Entrepreneur’s Vision....................................................................................................................2
2.2 SWOT Analysis................................................................................................................................2
3. Industry Profile and Overview.............................................................................................................3
3.1.1. Major Customer Groups.............................................................................................................3
3.1.2. Regulatory Restrictions...............................................................................................................3
4. Company Products and Services..........................................................................................................3
4.1. Customer Benefits...........................................................................................................................3
4.6. Future Product of Service Offerings.............................................................................................3
5. Marketing Strategy...............................................................................................................................4
5.1. Target Market.................................................................................................................................4
5.2. Market Size and Trends.................................................................................................................4
5.3. Personal Sales Efforts.....................................................................................................................5
5.4. Advertising and Promotion............................................................................................................5
5.5. Price.................................................................................................................................................6
6. Competitor Analysis..............................................................................................................................6
There are many routes to competitive advantage;................................................................................6
7 . Source of capital...................................................................................................................................7
7.1. Financial analysis............................................................................................................................7
7.1.1. Plant machinery and material costs for production..................................................................8
7.1.2. Man power and salary expense...................................................................................................8
7.1.3. Cost to supplies............................................................................................................................9
7.1.4. Utility expenses............................................................................................................................9
7.1.5. Annual costs...............................................................................................................................10
8. Organization, Management Analysis.................................................................................................10
8.1. Goal................................................................................................................................................10
8.2. Organization.............................................................................................................................11
8.2.1. Organizational Structure..........................................................................................................11
9. FINANCIAL STUDY..................................................................................................................................11
9.1. Capital for procurement of grinder machine...................................................................................11
 9.2. Financing Considerations.............................................................................................................11
9.2.2. Proposed Financing Source.......................................................................................................12
9.2.3. Income Statement or Profit or Loss Statement.......................................................................12
ANNESES.........................................................................................................................................16
Appendex.................................................................................................................................................17
 GENARAL INFORMATION

PROJECT OWNER Abdurezaq and keder their friends

PROJECT TITLE warehousing

LAND REQUIREMENT 30,000 M2

PROJECT AREA KOMBOLCHA TOWN,BOREKENA S/ CITY

PRODUCTION CAPACITY Above 7 BASEMENT AND G+1

PRODUCTS TO BE MANUFACTURED Rental and store rooms

MARKET DOMESTIC AND INTERNATIONAL

EMPLOYMENT OPPORTUNITY 164 INDIVIDUALS ON PERMANENT 100 ON

CASUAL BASIS

COST OF THE PROJECT 30,000,000 ETH. BIRR

OWNER EQUITY (25%) 7,500,000EH.BIRR

BANK LOAN (75 %) 22,500,000 ETH.BIRR

PROJECT LIFE 5 YEARS

NUMBER OF WORKING DAYS 365 DAYS

FINANCIAL VIABILITY ( AT 10% DISCOUNT RATE )

NPV (NET PRESENT VALUE) 1,182,111,844.25 BIRR

IRR (INTERNAL RATE OF RETURN) 53.11%

PBP ( PAY BACK PERIOD) 3 YEAR

ANALYSIS RESULT

THE PROJECT IS TECHNICALLY FEASIBLE, FINANCIALLY AND COMMERCIALLY VIABLE AS

WELL AS SOCIALLY AND ECONOMICALLY ACCEPTABLE. HENCE, THE PROJECT IS WORTH
IMPLEMENTING.
 1. Executive Summary

1.1. Business Description

Each year, billions of dollars are spent on stocking and distributing goods in the warehousing and storage
industry. With the continual growth in the industry, warehouses are striving to become more and more
efficient, by making their processes more efficient and cost effective. The business strategy of
Automated Warehouse Solutions is to capitalize on this industry, making it even more efficient and cost
effective by using robotics as a new warehouse distribution system. According to the Bureau of
Economic Analysis (BEA), the gross output of the warehousing and storage industry was 48.6 billion
dollars in 2006, which is approximately .92% of the total gross domestic product (GDP). The company’s
business plan is to capture .003% of this industry over the next 20 years.
It is the intent of Warehouse to provide custom and predesigned cereal to warehouses for storing. By
soring cereal product, companies will have more control of their goods in storage, which will be very
important for perishable goods in warehouse storage. Millions of dollars are lost each year due to goods
that are unaccounted for, or goods that perish while in the warehouse. A Abdurezq and their friends
Warehouse will allow warehousing companies to not only reduce the number of lost or perished items,
but also reduce the staffing needs and labor intensity of the warehouse.
A robotic warehouse implementation could produce a cost savings of anywhere million in labor costs, and
even more through liability insurance, employee benefits, and other addition labor expenses. It is not the
intent of mohammed ahmed their Warehouse to eliminate work completely, but rather create new and
more skilled positions in robotics.
In addition to implementation and design of warehouse applications, Abdurezq and their friends
Warehouse will create a consulting and technical service to assist warehouse management in making
good business decisions. The technical aspect of the service will support the applications installed, while
the consulting aspect of the service will provide efficiency concepts and automation advice for warehouse
owners and management. The service division of the business will add jobs to the economy while also
providing the company with a steady stream of post-sale income. Additionally, Automated

1.2. Marketing

There are currently many manufacturers of large palletizing warehouse, however, these are not in the
intended market of Abdurezq and their friends Warehouse Solutions, and therefore are not its current
competitors.
The company’s business plan is to create a small and very inexpensive r capable of retrieving small
objects.
1.3. Strategies

The team believes that by starting as a small business which develops specialized solutions for individual
Clients, the company can begin with a relatively low overhead, concentrate on customer service, and
develop great relationships with the company’s clientele leading to additional business opportunities
1.4. Managerial and Technical Expertise

Another advantage of starting off as a small company is that a large number of employees is not needed.
The core of the team consists of four electrical engineers with a variety of experience and backgrounds.
The team believes that it will be able to effectively manage the technological research and development
of the product, as well as the technical support for the customers. The team also believes that it can
manage the finances of the company at initial startup, but would like to hire an additional employee to
handle the finances when the company begins to grow and it becomes economically feasible
1.5. Financial Request and Cash Flow

The team has already begun the research and development sector of the business. The design team will
purchase crane, scales and other material. And its location, along with monitoring for any obstacles along
its path.
2. Vision and Mission Statement
2.1. Entrepreneur’s Vision

It is the team’s vision as a company to develop a reliable and cost efficient method of storing and
retrieving items. The company will strive to incorporate creative design, good business ethics, and
moral principles as the foundations of the company. The company hopes that through hard work and
dedication to the product and its customers that it will successfully grow to hold a significant share in the
small warehousing market.

2.2 SWOT Analysis

2.2.1. Strengths 2.2.3. Opportunities

 High domestic market demand for the product;
  Experience of the management in managing different  Country population and household income
businesses; increment
 Existing experience of the management  it has a great opportunity to develop a
 Strong commitment and willingness by the owner to well-designed product to improve the
work for betterment efficiency of warehouses and take hold of
 it provides an inexpensive product while a new niche market while building a
offering a customer oriented approach that will successful and competitive
help bring repeat and referral business. business
2.2.2. Weaknesses 2.2.4. Threats
 Future supply side increment from local
it is a start-up business, relatively low funds are
production if many manufacturers engage in
available for the necessary start-up costs.
catering of similar products;
 .
 Competition with new coffee product Importer;
and
 Product initial price increment.
a big threat to any start-up
 business is investing a lot of time and
money into creating a successful
business from scratch

3. Industry Profile and Overview

3.1.1. Major Customer Groups

The initial target market of our business is the smaller warehouse industries and also small parts
distribution centers. Some sample businesses could include manufacturing companies’ business man
charity organization. Further evaluation of the market could eventually lead to an expanded product to
accommodate larger warehouses.

3.1.2. Regulatory Restrictions

There are currently very few regulatory restrictions in the industry that are directed at automation largely
because there have been few attempts to automate the small warehousing market. The only known
regulations that the design will need to accommodate are the electrical and mechanical safety codes
applicable to all electronic and mechanical industrial applications.
4. Company Products and Services
4.1. Customer Benefits

Benefits to the customer include more productivity from employees because they will not need to act as a
runner for parts retrieval and stocking. Warehouse operation will be possible 24 hours a day, and 7 days a
week with minimal down time and will only require a minimal staff to operate properly. The product will
be flexible and allow the customer to re-task the system according to the warehouse’s changing needs. In
short, the product driver is return on investment (cost savings) and increased efficiency.
4.6. Future Product of Service Offerings

Abdurezq and their friends Warehouse plans to continue development of new products and offer
warehouse and storage operational consulting services. The company plans to develop options that can
easily be added to an existing system, upgrading the systems capabilities and efficiency. Additionally,
mohammed ahmed their friends Warehouse is prepared to expand into new areas of the storage and
warehouse industry if the opportunity arises. Lastly, Warehouse plans to expand much of their business
into consulting services as the company gains experience and rapport in the warehouse and storage
industry.
The consulting side of the business is expected to generate a large portion of the company’s revenues and
produce an excellent return on investment, being that this side of the business will not require a large
investment since it is based off of human intellectual resources.
5. Marketing Strategy

The marketing strategy for this company requires strong and in-depth planning and action from an early
point in product development. It is important to keep marketing objectives closely in check with the
company’s business objectives in order that the company does not allow the marketing department to
solely determine the course of product development. Rather, the company should first develop a strong
and realistic business objective, which will then drive the marketing objective. Building off the business
objective of developing a low-cost, easy to install warehouse automation solution leads to a rather clear
marketing objective. The business is driven by a need in the market, so the marketing objective will
simply be to promote that need and make warehouse foreman and factory managers aware of the time-
saving and cost effective opportunity they are being provided
5.1. Target Market
As mentioned before, the target market for this product will be small scale warehouses and factories. It is
possible that there will be a benefit to doing some specialty marketing in safety critical environments, or
warehouses involving hazardous chemicals as well. It needs to be emphasized that since most of the target
warehouses are small, this product will help them efficiently use their limited space. The diagrams below
demonstrate that by implementing this system, more product aisles may be added to the warehouse.

5.2. Market Size and Trends

The size of the company’s market will grow in proportion to the company’s technical and customer
support staffs abilities. Since one of the main selling points of the system is catering specific solutions
and providing consistent customer service, it is important to insure that these principles are not
overlooked by growing larger than the range of the support staff. Technical and sales staff will be sent
tom insure that the customers are always satisfied, offer expansion and customization packages, and ask
for feedback on performance of the product for their particular needs. This will help shape the market as it
grows, specializing in more specific warehouse areas as customer needs become better defined. The
objective and principle of the company is not just to concentrate solely on the sale of the system, but also
to establish a long term relationship with the customer which benefits both parties.

5.3. Personal Sales Efforts

The Sales staff is one of the most important parts of this business. The sales staff will control the location
(s) of the support staff, since growth is so entwined with customer support. The sales staff will also
determine the path of product development. After the first few simple pre-production units are out and
being used, the sales staff will get the feedback about what product add-ons or replacements the customer
would be interested in buying. That being said, the sales staff will have to be a group of people very
closely tied to the company. They must have a deep understanding of the product, the company’s past,
and the company future goals. They will have to have a strong desire to be an integral part of the
company, including the training that makes them capable to make this possible.
Once a member becomes a full time independent sales person, their pay will be based on a commission of
their sales. Though the customer relationship is important, the sales staff must also be motivated to keep a
steady flow of sales and leave the long term relationship to the customer service staff. The estimated sales
commission on a sale will be 10%. This is a high enough percentage to attract motivated and talented
sales people to the company which will help make the company grow.
The amount of time spent with the sale of each customer will be the decision of the sales staff. However,
to help encourage sales the sales staff should strive to achieve an average of four new customer sales per
month, after an initial training period. There is not an order size requirement for these sales, but it is
enough to keep the sales staff motivated and pushing for new clients. This can be achieved any way they
find most effective. Possible sales opportunities may include renting booths at trade shows or advertising
in pertinent periodicals, but most of the sales responsibilities will be dictated by the sales staff
themselves. Though this company is based upon the power and reliability of a robotic automated system,
it is important that we keep our employees happy and motivated, because our business is built on people
and the relationships we establish. The sales staff is often going to be the first impression a potential
customer has of our company, so the sales staff must be positive and professional at all times to stay
competitive.
5.4. Advertising and Promotion

As mentioned previously, the sales strategy will largely be based on word of mouth and face to face sales
person interaction. However, to promote state-wide and then national expansion, it will be necessary to
invest in larger scale advertising which our sales staff cannot personally reach. To do so, the company
will follow several routes. This will give us an opportunity to market to a group of people which are
normally not very approachable. We can promote our product to other sales people, who will in turn
inform their advisors of what is currently available on the market. to small business and manufacturing
customers, our advertisements will contain a picture of the base unit along with other products being sold,
the base price, and a brief description of the company. After production units have been sold, testimonials
and efficiency statistics may be added from existing customers. The advertisement will also contain the
company website and a sales representative’s phone number for further information. Upon the customer
inquiry, the customer service representative will ask which method they were referred to the company
from, which will help provide feedback as to the success rate of the advertisements.
5.5. Price

Though it is given more detail in the financial section of this business plan, the base price of the system to
achieve a reasonable profit for an entry level unit will be good. This will be the base price the sales team
and advertising team will be given to work from. As the company grows and more options are added,
they will be encouraged to suggest add-ons or upgrades to the base unit. This will help increase the sales
and profit of the company as well as keeping existing customers coming back for the newest system add-
on feature or improvement. At first the profit margin will be low, due to the cost of low volume
production. As time goes on the cost of production will be reduced by increasing part volumes, stream-
lining the process, phasing out unnecessary parts or electrical components, and packaging things together
to save space and materials.
6. Competitor Analysis

There are many routes to competitive advantage;

1. Giving buyers what they perceive as superior value compared to the offerings of rival sellers or
2. Giving buyers the same value as others at a lower cost to the company.

Superior value can mean;

 A good product at a lower price,

 A superior product that is worth paying more for, or
 A best-value offering that represents an attractive combination of price, features, quality, service,
and other attributes.

Delivering superior value or delivering value more efficiently—whatever form it takes—nearly always
requires performing value chain activities differently than rivals and building capabilities that are not
readily matched.

It has gained a competitive advantage over its rivals in the warehousing industry through its efforts to
create an upscale experience for warehousing by

1. Enhancing the atmosphere and comfort of the storage, and

By differentiating itself in this manner from other warehouse purveyors, warehouse will be able to charge
prices for its warehouse rent payment that are well above those of its rivals and far exceed the low cost of
its inputs.

If a strategy is not distinctive, then there can be no competitive advantage, since no company would be
meeting customer needs better or operating more efficiently than any other. If a company’s competitive
edge holds promise for being sustainable (as opposed to just temporary), then so much the better for both
the strategy and the company’s future profitability.

7. Source of capital
From the beginning of establishment the project is financed through individuals` investment and loans
from Zamzam Banks. Each partner contributions for the establishment of the project presents in the
following table:

7.1. Financial analysis

The project will start the operation with Birr 30,000,000. Out of this 25% of the total amount of
investment is financed by the owners (7,500,000) and 75% (22,500,000)) is from Zamzam banks as a
loan which will be paid for the next five years. Most of this investment will expanded on planting the
business for future rather than increasing short term gain of owners. The investment arrangement and
expenditure expected is preserving on the following constructive table with its respective category.

S/N Item/description Measurement Quality Unit price Total Price

1 Plant mach.&equip. - - - 19,160,000

2 Man power & salary - - - 932,000

3 Supplies - - 21000

4 Working capital - - - 5000,000

5 Utilities - - - 27,000

6 Transport cost/fuel - - - 20,000

TOTAL 25,160,000
7.1.1. Plant machinery and material costs for production

S/N Description Quantity Unit Price Total Price

1 Furniture 1 100000 100,000

2 scale 2 1000000 2000,000

3 construction 2 4000000 8,000,000

4 treatment equipment 4 250,000 1000,000

5 vehicle for staff/bus 1 2000,000 2,000,000

6 vehicle for management staff 1 2000,000 2000,000

7 crane/ forklift 2 2000,000 4000,000

8 Computer 2 60000 120,000

Total 19,220,000
7.1.2. Man power and salary expense
S/N Position Qualification Experienc No. req. Monthly Annual salary
e alary

1 G.manager degree in plant and crop 2 1 15000 180,000

production

6 th
2 Labor force above No 50 2000 100,000

3 Cashier Diploma in accounting 1 2 5000 120000

4 crop degree in plan science 2 2 10000 240000

treatment
expet

5 Finance officer degree in accounting 3 115000 180,000

6 Security 5 above 5 4000 112 000

guard

Total 932,000
7.1.3. Cost to supplies
No Description Measurement Quantity Unit price Total Price

1 Stationery Lumpsum 700 21000

Total 21000

7.1.4. Utility expenses

No. Description Measurement Consumption per Yearly cost in birr
month

1 Water Liter - 2,000

2 Electric power Kw/h - 20000

3 Telephone Minute - 5000

Total 27000
7.1.5. Annual costs
Salary expenses……………………………………..932,000

Interest expenses (22,500,000*46%).....……………….2,070,000

Supplies expenses………………………………….. 21,000

Utility expenses………………………………….. ... 27,000

Depreciation expenses: less

Machinery and equip…………………....3,832,000

Transportation expenses…, 20,000

Total …………..........................................6,902,000

Depreciation expense- machinery & equip. =19160,000 -0 = 3,832,000

8. Organization, Management Analysis

The success of any organization is highly associated with by the way of its organizational structure and
management. The management plays a significant role in the operation and successfulness of a given
organization. Hence, the management has to be organized in such a way of having responsibility and
accountability in the area of its sphere of influence. Though the company is existing that has set its
organizational structure, it has to be evaluated and if there is a need for modification, to sort out
valuable recommendation. The management of different level, the technical staff and the daily workers
has to be put in place in their proper order

8.1. Goal

To have a competent and knowledgeable management staff which functions as a team.

Objectives

 Hire experienced, qualified persons

 Conduct weekly management meetings
 On-going training to include outside classes in food service, management, etc.
 Reviews every six months
 Performance incentives
 Encourage creativity

8.2. Organization

mohammed ahmed their friends warehouse will be operated as a Sole Proprietorship. There will be
private investors. However, these investors will be silent investors with a payoff of investment within two
years. These investments will be paid in equal installments including interest.

Overall management will be the responsibility of the owner. There will be a general manager and head of
custodian.
8.2.1. Organizational Structures

General Manager

Administration, Finance, &

Production and Technical Marketing & Procurement
Planning
Department Department
Department

9. FINANCIAL STUDY
9.1. Capital for procurement of grinder machine
The capital requirement of the company during operation is calculated on the basis of the market value of
the items in the market.

9.2. Financing Considerations

The company planned to be fully operational with accessing working capital by mobilizing
fund from equity and now planned to access partial bank loan.

The following factors are taken into considerations with regard to the loan to be borrowed from
domestic banks.
 Financing/borrowing modality of project finance modality of procurement of items loan
is considered;
 Interest rate on loan borrowed is assumed at 46% which is line with the lending interest
rate in the form of sharia financing in the country for such projects;
 Grace period is assumed to be 9 (nine) months after start of commercial trip;
  Loan repayment for principal loan to be paid every month after the grace period months
allocated; and interest is paid every month from the start of operations with the item;
 The total loan is expected to be repaid in period of 5 (five) years.

9.2.2. Proposed Financing Source

The proposed finance source is from equity and loan. The loan is expected to cover 75% of
the total investment cost whereas the rest will be covered by company equity 25%. See
Table below.

Proposed Financing Arrangement

Description Total Investment Equity

In-Kind In-Cash Total
Computer 30,000.00 0.00 30,000.00 30,000.00
Total 0.00 30,000.00 30,000.00
Debt equity ratio 100.0% 0% 100% 100%

With regard to the financing source, the equivalent share is expected from the bank loan.

9.2.3. Income Statement or Profit or Loss Statement

Based on the projected profit and loss statement, the company will generate a profit throughout
the rest its operation life.

The project will make positive profit net after tax in all project years which is net profit after
tax increases from Birr 18,538 birr at the first project year.
 Abdurezaq and keder their friends warehouse

Income Statement

For The Year Ended December, 2024-2028

2024 2025 2026 2027 2028

Revenues 15000,000 16500,000 18,150,000 19,965,000 21,961,500

Expenses:

Salary expense 932,000 1,025200 1,127720 1,240,492 1,364,541

Interest expense 2,070,000 2,277,000 2,504,700 2,755,170 3,030,687

Supplies expense 21000 23100 25,410 27951 30,746

Utility expenses 27000 29700 32670 35,937 39,530

Depreciation 3,832,000 3832000 3832000 3832000 3832000

exp:

Total operating 6,882,000 7,570,200 8,327,220 9,159,942 10,075,936

expenses

Operating 8,118,000 8929800 9822780 10,805,058 11,885,563

income

Tax 35%-1800 2,839,500 3,123450 3 ,435795 3,779,374 4157311

Net income 5,278,500 5,806,350 6,386,985 7,025,683 7,728251

 Abdurezaq and keder their friends warehouse

Opening balance sheet

January, 1, 2024

Assets:

Cash………………………………………………………15,000,000

Investment for:

Supplies………………..………………………….21000

Machinery.........................................................19,160,000

Utilities…………………………………….…...….27,000

Transport / fuel…………………………………….....20,000

Balance...................................................1,050,500

Total………………………………………………35,278,500

Total assets…………………………………………………35,278,500

Liabilities:

Accounts payable…………………………………..........22,500,000

Owner`s equity:

Owner`s capital………………………………….……12,778,500

Total liabilities and owner`s e

quty……..........…………………..35,278500
 Abdurezaq and kedr their friends warehouse

Statement of owner`s equity

For the year ended December, 31, 2024

Balance sheet January1, 2024 capital…………………………7,500,000

(t) Net gain year December, 30, 2024…………………………5,278,500

Balance on December, 31, 2024……………………..…………12,778,,500

Project evaluation

Years Cash inflows Cumulative cash inflows

2024 5,278,500 5278500

2025 5,806,350 11084850

2026 6386 985 17471835

2027 7,025685 24497520

2028 7,728,251 32225771

8. Conclusions and Recommendations
Conclusion
The objective of this proposed feasibility study is primarily to facilitate the
entrepreneur with the investment information and provide an overview of
the project. The proposed feasibility may form the basis of an important
investment decision and in order to serve this objective, the document
covers various aspects of Concept Development, Start-up, Production,
Marketing, Finance, and Business Management.

The feasibility is based on the information obtained from discussions with

businessmen. For the financial model, since the forecast/projections relate to
future periods, actual results are likely to differ because of the events and
circumstances that don’t occur frequently as expected.

Whilst due care and attention have been taken in performing the exercise,
no liability can be inferred for any inaccuracy or omissions reported from the
results thereof. It is essential that our report be read in its entirety with the
financial model in order to fully comprehend the impact of key assumptions
on the range of values determined.

The project is accessible and has the necessary infrastructure such as roads,
telephones, water, and electric power. The proposed project clearly identifies
all the necessary equipment, inputs, management of the company, and the
required manpower. The highest authority in the project will be vested in the
hand of the owner. He will control the overall activities of the proposed
project. Demand projection divulges that there is high demand in the
country.

The proposed project possesses a wide range of economic and social

benefits such as increasing the level of investment, tax revenue, and
 employment creation for both women and youths. It will have also
environmental concerns to protect it by planting trees around its working
area and by utilizing environmentally friendly raw materials. Generally, the
project is technically feasible, financially and commercially viable as well as
socially and economically acceptable. Hence the project is worth
implementing.

ANNESES

Re-payment schedule

Abdurezaq and keder their friends Warehouse Shop Loan Re-payment schedule

Loan Values Loan Summary

Yearly payment 2,070,000.00

Loan amount 75,000.00
Monthly payment 172,500.00

Annual interest rate 46.00% Number of payments 5 yrs

Loan period in years 5 Total interest 10,350,000.00

Start date of loan 1/1/2024

Pmt
Payment Year Yearly Total Interest Ending Balance
No.

1 Year 1(1-12) 4,672,500.00 172,500.00 18,690,000.00

2 Year 2(13-24) 4,672,500.00 172,500.00 14,017,500.00

3 Year 3(25-36) 4,672,500.00 172,500.00 9,345,000.00

4 Year 4(37-48) 4,672,500.00 172,500.00 4,672,500.00

5 Year 5(49-60) 4,672,500.00 172,500.00 0.00

Total 23,362,500.00 10,350,000.00

Appendex
 The owner will have a debit of 22,500,000 Birr from the Zamzam bank.
 The partner get source of information from the existing company and from potential
customer.
 Government encourages small business then our partner’s will get license from city
administrative.