FEASIBILITY REPORT FOR DRIVING SCHOOL FRANCHISE

TABLE OF CONTENTS

 Executive Summary                                                                        1

Introduction to the business Plan                                                  2

CHAPTER ONE

1.0       Personal Information on Entrepreneur and History of

          the Project                                                                              3

1.1    Educational Qualification                                                     3

1.2       Special Training                                                                     4

1.3       Work Experience                                                                   4

1.4       Reasons for starting Business                                              4

1.5       Name of Business                                                                  4

1.6       Any Other Relevant Information                                           5

1.7       Referees                                                                                  5

CHAPTER TWO

2.0       Technical Feasibility

2.1       Products or Services to be Offered                                       6

2.2       Quality Control to be used                                                    6

2.3       Utilities                                                                                   7

2.4       Location                                                                                  7

CHAPTER THREE

3.0    Organisation and Manpower                                                8

3.1    Organisational Chart                                                             8

3.2       Functions of Each Personnel                                                8

CHAPTER FOUR

1.0       Market Survey and Research                                                9

4.1.1 Estimated Demand for Product                                            9

4.1.2 Estimated Supply – Demand Gap                                        9

4.1.3  Estimated Supply (Present and for the Past Four Years           9

4.1.4  Names of Present Suppliers and their share of the Market      10

4.1.5  Weakness and strength of Competitors                               10

4.1.6  Areas to be covered                                                               10

4.2       Prevailing Unit Price of Product                                            10

4.3       Proposed Pricing Policy And Why?                                       11

4.5.1  Estimated of Annual Sales Revenue Projected for 5 years        11

4.5.2  Estimate of Annual Sales and Distribution cost on            

          Monthly Basis, (Promotion, Sales, Commissions,              

          Discounts etc)  Projected for 5 years                                    11

4.6       Present Prevailing Market Practices                                     12

4.6.1  Distribution and Credit Policy                                              12

4.6.2  Delivery and after Sales Service                                            12

CHAPTER FIVE

5.0    Total Project Cost                                                                   13

5.1    Capital Costs                                                                          13

5.2       Preliminary And Pre-Operative Expenses                            14

5.3       Administrative Expenses                                                       14

5.4       Provision for Working Capital                                               14

5.5       Summary for Total Cost of the Project                                 15

5.6       Means of finance.                                                                   15

CHAPTER SIX

6.0       Financial Viability of the project                                           16

6.1    Projected profit and loss account for five years                   16

6.1.1 Assumption                                                                            17

6.2       Projected Cash flow for the first five years                           18

6.3       Projected Balance Sheet for five years                                  18

6.4       Break Even point Analysis                                                    19

6.5       Financial Ratio                                                                       20

6.5.1 Debt Service Coverage Ratio                                                 20

6.6       Project Implementation Planning                                          21

EXECUTIVE SUMMARY

NAME OF BUSINESS

911 Driving School

TYPE OF BUSINESS

Service Operator

PRODUCTS OR SERVICES

  Services

CUSTOMERS

Students, Company Drivers, Retired Police And Retired Traffic Officers.

OWNERS

Self

NUMBER OF STAFF                           REQUIRED START – UP

None                                                           550,000

Sources of Start – up capital              Amount

Money from Friends                                   N150,000

Money from Parents & Relatives              N150,000

Personal Savings                                       N100,000

                                                                   N550,000

INTRODUCTION TO THE BUSINESS PLAN

NAME OF OWNER:-   

RESIDENTIAL ADDRESS & TELEPHONE NUMBER:-

POSTAL ADDRESS:-    NIL

Nature of Business and Market Area:- Service Operator

TYPE OF BUSINESS:- Service

Project – 911 Driving School

Location:-  Jakande Estate Egbeda, Lagos State

Type Of Organisation:-       Operation Service

Name & Address of Owners:- 

Date prepared:-                

CHAPTER ONE

2.0       PERSONAL INFORMATION ON ENTREPRENEUR AND HISTORY OF THE PROJECT

NAME:                                      

DATE OF BIRTH:                                 AGE: 

MARITAL STATUS:                   

SEX:                                        

PLACE OF BIRTH:                    

STATE OF ORIGIN:                   

LOCAL GOVERNMENT AREA:-   

RELIGION:                               

POSTAL ADDRESS:                       

RESIDENTIAL ADDRESS:             

1.1   EDUCATIONAL QUALIFICATION

1.2   SPECIAL TRAINING

1.3   WORK EXPERIENCE

1.4       REASONS FOR STARTING THE BUSINESS

I personally which to venture into this business because of the experience I have had in the business and to have something back home that can fetch me money after leaving or graduate from this school.  Most importantly the situation of the country warrant been having a business that can fetch money due to lack of employment.

1.5       NAME OF BUSINESS

911 DRIVING SCHOOL FRANCHISE

1.6   ANY OTHER RELEVANT INFORMATION that may assist the evaluators in their decision marking about the project.

The driving school is a kind of business that I have gained much experience, which I know, which can fetch money to enhance one’s leaving.

1.7       REFEREES

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