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BUSINESS PLAN SUPERVISED BY : COLLEGE OF HUMAN REOURCE MANAGEMENT PRESENTED TO : KENYA NATIONAL EXAMINATION COUNCIL IN PARTIAL FULFULLMENT OF THE REQUIREMENT FOR THE AWARD OF DIPLOMA IN HUMAN RESOURCE

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This report describes an ongoing project aimed at improving the lives and living conditions of slum dwellers in Nairobi through a partnership between Muungano Support Trust, Slum Dwellers International (SDI), the University of Nairobi, and the University of California, Berkeley. The project started in 2008, produced a report for slum upgrading for select villages in the Mathare Valley in 2009, and this report presents !ndings and recommendations for upgrading infrastructure across the entire Mathare Valley informal settlement. The Mathare Valley - one of the largest informal settlements in Nairobi and East Africa - lacks basic services, including water, sanitation and electricity for a majority of its residents. Infrastructure improvements rank as the top priority of Mathare residents and our report aims to help ensure improved services are delivered to all villages in a timely and e"cient manner. Despite recent national slumfocused planning policies, no comprehensive development plans currently exist that integrate physical and social planning for Nairobi’s large slums, including Mathare. This report is also timely, since Kenya’s new Constitution decentralizes governance and will require new processes and plan making by local authorities that include slum dwellers, community-based organizations and universities. This report aims to act as a !rst draft of a community-led, comprehensive development plan for Mathare. This report recommends speci!c strategies, including: 1. Investing in comprehensive valley-wide trunk and household-level connections for water and sanitary infrastructure; 2. Improving roads, pathways and drainage at the same time as pipe infrastructure; 3. Ensuring each household can connect to electricity and the valley has adequate lighting for streets and public areas at night; 4. Organizing a Mathare civil society network that includes the many community-based and non-governmental organizations working in the settlement to improve cooperation, political accountability and ensure infrastructure investments are implemented by and for community members, and; 5. Ongoing, participatory monitoring of the physical, social, economic and public health impacts of infrastructure upgrading. As with many planning documents, this report is intended to contribute to an on-going process. A more detailed review by residents and others is necessary before more speci!c proposals are made. Mathare residents deserve improved services and living conditions and this plan aims to contribute to this outcome.

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KNEC| KASNEB| KISM| Ebooks Kenya

KNEC| KASNEB| KISM| Study notes and Revision materials for schools in Kenya. KNEC certificate courses, Diplomas, Higher Diplomas, KISM courses cpsp-k and aps-k, KASNEB cpa, atd, cs, cifa, ccp, dcm, cict and cict, Ksce and Kcpe

Business Plan notes – KNEC Diploma

Table of Contents

Business Plan

Knec: diploma in business management – module ii, knec: diploma in human resource management – module ii, knec: diploma in supply chain management – module ii, knec: diploma in sales and marketing – module ii.

Topics covered in this unit/subject are as follows: SPONSORED : Would you like to buy and Download these notes in pdf form for offline viewing and Printing? Click here Chapter 1: Introduction to business plan Chapter 2: Business description Chapter 3: Marketing plan Chapter 4: Organization and management plan Chapter 5: Operational/production plan Chapter 6: Financial plan Chapter 7: Presentation Chapter 8: Emerging trends and issues in business planning SPONSORED : Would you like to buy and Download these notes in pdf form for offline viewing and Printing? Click here Introduction This module unit is intended to equip the trainee with knowledge, skills and attitudes to enable him/her prepare a business plan. General Objectives At the end of this module unit, the trainee should be able to:

• Prepare a background information necessary successful business start-up
• Scan the market environment of a business
• recognize the roles played by organisation and management plan in a business plan
• recognize the role of an operational plan in a business plan
• Prepare financial projections
• Prepare a workable business plan

Topic 1: Introduction to Business Planning

• Meaning of a business plan
• Purpose of a business plan
• Features of a business plan
• Guidelines for developing an effective business plan

Topic 2: Business Description     

• Business name
• Business location
• Form of business ownership
• Products/services
• Justification of the opportunity
• The industry
• Business goals and objectives
• Entry and growth strategy
• SWOT analysis

Topic 3: Marketing Plan

• Customer identification
• Competitor analysis
• Market share
• Pricing strategy
• Sales target
• Sales tactics
• Distribution strategy
• Customer service

Topic 4: Organization and Management Plan

• Organization structure
• Management team/business personnel
• Recruitment, training and promotion
• Remuneration and incentives
• Legal/statutory requirements
• Supporting services

Topic 5: Operational/ Production Plan           

• Production facilities and capacity utilization
• Production and operation strategy
• Production process
• Regulations affecting operations
• Operational timetable/production schedule

SPONSORED : Would you like to buy and Download these notes in pdf form for offline viewing and Printing? Click here

Topic 6: Financial Plan      

• Pre-operations cost
• Working capital
• Cash flow projections
• Pro-forma income statements
• Pro-forma balance sheets
• Break even analysis
• Profitability ratios
• Proposed capitalization
• Potential risks

Topic 7: Presentation

• Business plan writing
• Presentation of the business plan

Topic 8: Emerging Trends and Issues

• Emerging trends and issues in business planning
• Challenges posed by emerging trends and issues in business planning
• Coping with challenges posed by emerging trends and issues in business planning

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Business Plan notes – KNEC Diploma

Business plan, knec: diploma in business management – module ii, knec: diploma in human resource management – module ii, knec: diploma in supply chain management – module ii, knec: diploma in sales and marketing – module ii.

Topics covered in this unit/subject are as follows: SPONSORED : Would you like to buy and Download these notes in pdf form for offline viewing and Printing? Click here Chapter 1: Introduction to business plan Chapter 2: Business description Chapter 3: Marketing plan Chapter 4: Organization and management plan Chapter 5: Operational/production plan Chapter 6: Financial plan Chapter 7: Presentation Chapter 8: Emerging trends and issues in business planning SPONSORED : Would you like to buy and Download these notes in pdf form for offline viewing and Printing? Click here Introduction This module unit is intended to equip the trainee with knowledge, skills and attitudes to enable him/her prepare a business plan. General Objectives At the end of this module unit, the trainee should be able to:

• Prepare a background information necessary successful business start-up
• Scan the market environment of a business
• recognize the roles played by organisation and management plan in a business plan
• recognize the role of an operational plan in a business plan
• Prepare financial projections
• Prepare a workable business plan

Topic 1: Introduction to Business Planning

• Meaning of a business plan
• Purpose of a business plan
• Features of a business plan
• Guidelines for developing an effective business plan

Topic 2: Business Description     

• Business name
• Business location
• Form of business ownership
• Products/services
• Justification of the opportunity
• The industry
• Business goals and objectives
• Entry and growth strategy
• SWOT analysis

Topic 3: Marketing Plan

• Customer identification
• Competitor analysis
• Market share
• Pricing strategy
• Sales target
• Sales tactics
• Distribution strategy
• Customer service

Topic 4: Organization and Management Plan

• Organization structure
• Management team/business personnel
• Recruitment, training and promotion
• Remuneration and incentives
• Legal/statutory requirements
• Supporting services

Topic 5: Operational/ Production Plan           

• Production facilities and capacity utilization
• Production and operation strategy
• Production process
• Regulations affecting operations
• Operational timetable/production schedule

SPONSORED : Would you like to buy and Download these notes in pdf form for offline viewing and Printing? Click here

Topic 6: Financial Plan      

• Pre-operations cost
• Working capital
• Cash flow projections
• Pro-forma income statements
• Pro-forma balance sheets
• Break even analysis
• Profitability ratios
• Proposed capitalization
• Potential risks

Topic 7: Presentation

• Business plan writing
• Presentation of the business plan

Topic 8: Emerging Trends and Issues

• Emerging trends and issues in business planning
• Challenges posed by emerging trends and issues in business planning
• Coping with challenges posed by emerging trends and issues in business planning

Leave a Reply Cancel reply

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Business Plan Guidance notes KNEC

KSh 500.00 Original price was: KSh500.00. KSh 290.00 Current price is: KSh290.00.

Number of Pages: 37 Pages File size: 6.5 MB Suitable for: Certificate, Diploma, University and Professional Course s Topics Covered: Topic 1: Introduction to Business Plan Topic 2: Business Description Topic 3: Marketing Plan Topic 4: Organisation and Management Plan Topic 5: Operational and Production Plan Topic 6: Financial Plan Topic 7: Presentation Topic 8: Emerging Trends and Issues

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Business Plan KNEC Syllabus – Diploma

• June 19, 2023

This module unit is designed to equip the trainee with knowledge, skills and attitudes to enable him/her prepare a business plan.

General Objectives

By the end of this module unit, the trainee should be able to:

• understand the background of intended business
• understand the market environment of the business
• understand organization and management plan
• appreciate operational plan
• prepare financial projections
• prepare a business plan

BUSINESS PLAN COURSE OUTLINE

Click on the link below to download Business Plan KNEC Syllabus

• Business Plan Course Outline

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Business Plan KNEC Notes

INTRODUCTION

There are many reasons why companies prepare Business Plans.  One of the most common reasons is where the promoters of the company are intending to raise finance and a detailed Business Plan is required for  presentation to potential investors.

CONTENTS OF BUSINESS PLAN

The Business Plan must be well constructed and provide sufficient detail to enable a potential investor to decide in principle, whether the company is a candidate for investment.

The Business Plan should include the following:

• Executive Summary

Potential investors often make an initial judgement based on the content of the Executive Summary and their decision to read the detailed content of the Business Plan will depend on its content.

While the Executive Summary is shown at the front it should not be completed until the Business Plan has been written.  It will highlight all milestones in the company’s development over the next five years.  At minimum, it should summarise the following:

• Purpose of the Plan
• Product or Service and its advantages
• Market Opportunity
• Management Team
• Track record, if any
• Financial Projections – sales, net profit before tax, investment etc. Funding Requirements
• Company Description

            Promoters and Shareholders   Promoters

Management structure and areas of responsibility

Shareholders names, % shareholding, cash invested to date

          Advisors

Financial, legal and other advisors with contact details

         Products and Services

Explain the product/service Background to development

Benefits and features

Unique selling point

Advantages to customers

Disadvantages or weak points Future developments

         Long Term Aim of Business

         Objectives

Specific objectives to be achieved over next five years (sales, exports, employment, product development etc.)

         SWOT Analysis

Analyse the strengths and weaknesses of the business and product/service, the opportunities that exist in the marketplace and the threats to the viability of the project.

• Market Analysis

This covers market research and competitor analysis and demonstrates that the research undertaken justifies the projections made in the plan and indicates a viable market exists for the product/service.

         Target Market

Analyse the market:

Size of each segment

Is the segment growing or declining?

Characteristics of potential customers in each segment

         Total Market Valuation

Show the total potential value of the market for the product/service, in all targeted markets (domestic and international).

          Target Company Revenue

The basis for the sales figures in the financial projections and must be based on realistic assumptions.  Include average deal size, length of sales cycle, recurring revenues.

 Market Trends  Recent changes

Future predictions

Drivers – demographic changes, economic and legislative factors

Implications for company product/service

Plans to meet future demands and changes in the market

          Profile of Competitors

What are the competing products/services

Profile of key players (size, turnover, profitability etc.) and their market share

Advantages and disadvantages of competitors’ offerings

          Competitive Advantage

Why potential customers will choose company’s product

Unique features

New technologies or systems

Better value (efficiency, ROI, cost/benefit)

Greater compatibility with existing systems Include any independent validation          Benefits to Clients

What does product/service provide to potential customers?

Increase sales

Increase efficiencies

Save money              Save time

Maximise resources        Reduce errors

Reduce downtime

Improve customer service, increase loyalty

• Marketing/Sales Strategy

Strategies for reaching target market, generating interest in the product/service and actually achieving sales.

         Marketing Strategy

Which segments of the market will be targeted first and why

How will product/service be differentiated

What potential customers have already been targeted

Is test site in operation and what is feedback

What contacts can be used to generate market awareness and sales

Who will do the marketing – staff, agency, representatives

          Sales Strategy

How will product/service be sold     Directly

Distributor

Sales Representatives

State the advantages of the methods chosen

          Pricing 

How will price charged be set?  Consider

Competitors’ prices

Level of competition in market

Perception of quality-price relationship by customers

Production costs and overheads

          Marketing and Communications Strategy

How will product/service be promoted in the marketplace?

Advertising – where, when, how and whom

Public Relations

Direct Marketing

Website and internet marketing Exhibitions and conferences

Word of mouth

• Research and Development

Intended future development of product/service.  Detail plans for new products/services.  List all technical partners and indicate nature of involvement.

State any protection available for product/service – patented, copyright or trademark registration and brand image to be built up as protection against competition.

• Staffing and Operations

Outline intended structure of the company – management, number of employees and physical operations.

Management (including Board) Organisation Chart

Areas of responsibility of each manager

What employees will be hired over the next three years, skills and in which areas?

Planned employee and management development.  Should tie-in with future product/market developments.

Operations Premises

Production facilities Infrastructure

Communications facilities

• Financial Projections

         Key Assumptions

Income sources

Number of employees projected for each year and their salaries

Projected investment in equipment and materials

Projected R & D costs              Depreciation policy

Expected rent and rates charges

Creditor and Debtor days expected              Expense calculations

         Profit & Loss Accounts

Projected for first three years of operations

          Balance Sheets

          Cash flow

Monthly cash flow predicted for the first two years of operations

• Sales Pipeline

Analyse pipeline business – customer, size of deal, date expected, probability of achieving sale etc.

• Funding Requirements

Total funding requirements and how these are to be provided.  Also state approximate breakdown of how funds are to be spent.

          Sources

Promoters’ funds

Bank lending

Grants or loans from agencies

Investment already received

Investment sought

            Spending              Equipment

Provide detailed data on which the main text of the plan is based and extra information of interest to the readers.  Details will vary from business to business but may include:

Promoters’ CVs

Detailed financial assumptions    Most recent company audited accounts

Share capital table and investment history

Term sheet from potential investors

Detailed market research findings

Promotional literature

Product or service information

Details of company website

Testimonials or letters of intent from customers

Written by  MJ

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KNEC notes and Revision materials

Study notes, Revision materials and Past papers for courses examined by KNEC

Components of the Business Plan

A business plan should be comprehensive enough to give any potential user a complete picture and understanding of the venture and will help the entrepreneur clarify his or her thinking about the business.

Although there is no generally accepted format of a business plan. A typical format would possess the following:

 1. Cover page:

It contains the name of the business, its owner(s), nature of the business, and the organization to which the business plan is to be presented.

 2. Executive summary:

Contains a brief summary of the main contents of the business plan. It is prepared after the entire plan is written. It summarizes every chapter of the page.

 3. Business description:

Contains a comprehensive description of the business and what it intends to accomplish

Example of information contained includes:-

• Name of the business and its contact
• Vision and mission of the business.
• Form of ownership.
• Major activity of the business.
• Major customers.
• Justification statements/viability
• The goals of the business

4. Marketing plan:

The marketing plan outlines the specific action the entrepreneur intends to carry out to attract potential customers. The marketing segment is divided into two major parts:

• Research and Analysis: describes the target market i.e. who the customers are, the size and its trends, the existing and po ssible competition.
• Marketing strategy: This part describes the methods that will be used to market the product, price the product, make sales, advertise and promote the product and also the distribution channels that will be used.

5. Organization/ management plan.

This is the section that describes the key management personnel required, their qualifications, duties, salaries and incentives. The organization structure is also defined

• It also identifies other employees needed, their duties, pay, training needs.
• Other support services required are highlighted in this section e.g. banking services, legal services, management consultancy Etc.
• Any licenses, permits or regulations affecting the business are discussed here.

6. Operational plan/Production plan.

This section describes the processes, activities, and requirements involved in realizing the operational goals of the business and required raw materials.

7. Financial plan

This section outlines the financial needs of the business and sources of raising the finances and also gives the projections of income and expenditure through such key statements as:

• Cash flow statement
• Income statements (trading, profit and loss account statements) among others.

Written by  KNEC notes and Past Papers

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Pure Mountain: Committed to a Healthier Future for People and the Planet with Canola Oil

Opinion: Nakba did not end in 1948, world leaders must act now

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KNEC launches 5-year strategic plan centred on CBC reforms

About The Author

BRUHAN MAKONG

NATIONAL NEWS

Kdf restricts use of military assets by politicians.

County News

Man, wife detained over fatal balcony fall of 22-year-old ex-lover.

Gikomba traders move to court to stop ongoing demolitions

Govt denies defunding Kenyatta, lists tax-exempted benefits

18-year-old kills uncle for labeling his father a witch, mob kills father

US blacklists top Museveni allies over graft, rights abuses

Ruto sustains push to reform global financial architecture

Kisii Administration CECM Ndemo survives impeachment

AGRICULTURE

Govt to increase coffee production to 102,000 metric tons by 2027, more on capital news.

Bill to give teenage mothers second chance in school tabled in National Assembly

The Care and Protection of Child Parents Bill, 2023, seeks to provide a framework for the care and protection of child parents

Opposition MPs demand release of capitation fund owed to schools

On Monday, the Education Ministry assured that the government will disburse the outstanding capitation funds owed to public secondary schools across the nation, within...

1,216 candidates register A grade in 2023 KCSE exams

NAIROBI, Kenya, Jan 8 – A total of 1,216 Kenya Certificate of Secondary Education (KCSE) examinations registered a mean grade of A. This was...

KNEC hosts examination board officials from 6 African countries

KNEC Chief Executive Officer David Njengere said Kenya is open to exchanging ideas and collaboration with other examinations boards across Africa in order to...

KNEC cautions KCSE candidates against fake exam papers

MURANG’A, Kenya, Nov 13 – Kenya National Examination Council (KNEC) has cautioned candidates sitting for their KCSE examinations to be cautious of fake exam...

MPs seek increased capitation to cater for school meals

NAIROBI, Kenya, Oct 11-The Ministry of Education will now be pushed to revise the capitation of primary schools upwards following a resolution by the...

Education ministry mulls new laws to anchor Munavu taskforce reforms

In a report tabled before the National Assembly, Education Cabinet Secretary Ezekiel Machogu said the ministry had stopped the implementation of a report by...

TSC recalls all field officers, teachers on leave ahead of National Exams

NAIROBI, Kenya, Sep 25 – The Teachers Service Commission (TSC) has recalled all field officers and teachers on leave from October to help with...

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