14 weekly installments • 57%
I have always nurtured business ideas when i was young. This brought about buying cartons of biscuits at wholesale prices and selling them piece by piece hence making profit. Though im more of an art person i know deep inside im more of a business oriented lady. This led me to do a course in University which is more technical than theoretical to enable me earn money immediately. Starting a business was easy for me and i started of immediately by visiting school libraries to ask for bookbinding and repair jobs. The first school i visited gave me business and that started my business take off. In our culture business prowess is highly regarded and respected. You will find almost in every homestead there is a business person. Lastly im a fun of financial markets and online businesses of which i use my free time to study them.
My business entails repairing and binding and commercial documents. This includes Library books and documents,personal books and documents and commercial work like company documents and files . Books and documents world over are very important since they give us the information and knowledge to literally run the world
hence this information has to be restored and preserved at all costs.
The cost involves buying materials for repair and preservation which may cost 200 shillings on the higher side and 50 shillings on the lower limit.
Most books bring back at least 70%as revenue. I put back the profit back to the business though some profit is used to run everyday bills.
I will use the loan to have social media presence and have a visible good inventory of my stock. Have an errand person who will be assisting me run the business. Food is a basic necessity and if one has good variety, clean and fresh products with good marketing skills there is assurance of regular, trustworthy and happy clients.
Marketing will include uploading new products on my social media page regularly, calling and messaging clients who need more information regarding the products and ensuring the errand person has clean and smart uniform when delivering products.I will create a day each week whereby interaction between me and clients will take place. This will make it known what to improve on and what to do away with.
Sourcing fresh foodstuffs and advertising them online through social media outlets. Then I will be delivering them to people I their homes.
Apr 16, 2021
Cost to entrepreneur
Service fee: 5% of $44.49 = $2.22
Credit risk payment: $7.11
Optional expediting fee: $6.67