BUSINESS APPLICATION FORMS

Form 1: Strategic thinking for Business/Planning for A business

1. Your Desired Goal/ Destination
Where do you want to go (Define your goal clearly and what you would like to achieve in maybe 5 years or 3 years)

2. Your Current Situation/Starting Point
Where are you now? (This helps you to analyze your current situation). Write everything that you have now in relation to your idea and which you can use to implement your business/idea. This could be money, other equipment, your experience, or your Skills, the people who are willing to help you as you seek to achieve your goal.

3. Possible Strategies
What practical steps and possible strategies do you need to take to achieve your desired Business Goal? (This defines the steps you will take or the road you will pass till you get to your desired destination) The steps have to be very clear.

4. Resource Requirements
What specific resources do you require to achieve your Business Plans? (This defines all the resources you need. Write the Quantities required, Costs per unit and the total required for the project)

5. Expected profit from the project
What is the expected profit from the project? Calculate the profit per year? (This will help you to see the time taken for you to get your money back after investing> this will help you decide whether its viable or not.

6. Possible Challenges and Solutions
What are the possible challenges you foresee to meet along the way when implementing? (This helps you to decide what you will do to overcome them. Write all the challenges and possible solutions

7. Project Participants
Who else will be involved with you in the project with you? List their names, contacts, and passport/ID numbers

Form 2: Business budget summary form

Business budget summary form

S/No Item Quantity Buying price Total cost Seling price Total sales Expected profits
TOTAL

SUBMISSION OF FORM

Kinldy confirm all your answers before submitting. Once you are sure of the filled data, kindly press on the below submit button