Inventory for my electronics shop

Entrepreneur

About Me

Richard Boateng is my name, I come from Berekum in the Brong Ahafo Region. I started my basic school school at Berekum Akab Complex School, from there i went to Sunyani Senior High School where i offered Business with obtion in Accounting,Management,Costing and Economics.From there live was not easy for me at all because there was no money for me to continue my education.I then wrote more application in such of work, it took me two years before a certain man amployed me in his Electrical shop. I worked with the man for several years and due to my hard working i was able to accumulate some amount of money of which i also started my own shop. I started it with the small money i had and by the grace of God is improving. The uniqueness about my area is a lot of people are building houses and after that they will need electricity, that can also not be possible with out wiring of the house,so if i get the loan it will help. Is my aim to set up more business to employ so many peoples to work.

My Business

The name of my business is Richardo Electrical Shop. It is located at Berekum near the main lorry station. The actual goods and services i provide are selling of electricals like wires, bulbs, funs, friges, cables,blenders etc. The goods are useful because a lot of people are building houses and they will need it to help them generate electricity in their various homes. Some of the goods also service as basic need in the house. The main motive behind me choosing this kind of business is that, the goods are highly demanded due to the increase rate of building in my area. If i invest let say $ 670 within a week i can get $150 profit because as soon as i bring the goods people come to buy. Even sometimes they pay before i go and bring the goods. My capital is small that is why i am pleading with you to help me expand my business with the loan.

Loan Proposal

I will use the money to buy electrical items like cables, blenders, wires, bulbs, lights, friges etc. This will create a lot of benefits to myself and others because i will employ a lot of people of which i will pay them, Also a lot of people will get goods they are in need to buy to prevent them from going out side berekum to buy. I will also get money to expand my business and also to feed my family. I also expect my profit to increase so i can expand my business.

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