Entrepreneurship and Small Business

Youth Entertainment Center

Business plan on Youth Entertainment Center
Prepared by Kedir Awel…(ID NO:
UGR/6539/13)

Section: css-6

Advisor:-Ins. Ousman S

Date: Sept/2021

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AAU, Addis Ababa

Type of
project S O L E P R O P R I E T O R S H I P

Name of
project
YOUTH’S ENTERTAINMENT CENTER

Project N A M E ; K E D I R A W E L
owner K A L I L

PHONE NUMBER; 0975281825

E-mail; Kaderawwel@gmail.com ;location Addis Ababa university

Project Haramaya wareda East Hararge Zone of Oromia National Regional

address State .

THANKS FOR MY INSTRUCTOR WHO WAS GUIDING ME AND SHOWING THE WAY I DOING
THIS PROJECT.

I HAVE DONE THIS PROPOSAL WITH SUPPORTING OF SENIOR STUDENT AND MY

EXPERIENCE! ADDITIONALLY, I TOOK HINT/GUIDE FROM THE PROPOSALS DONE BEFORE ME
IN THIS UNIVERSITY.

“ EFFORT NEVER DIES”.

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Table Contents
Page

BUSINESS PLAN 1
1. Introduction 1
2. Executive Summary 1
2.1 Objectives of Business 1
2.1.2 Vision 1
2.1.3 Mission 2
3. Industry analysis 2
3.1 Future outlook and trends 2
3.2 Analysis of competitor's 2
3.2.1 Strength of the competitors. 3
3.2.2 Weakness of competitors 3
3.3 Market Segmentation 3
4. Description of venture 4
4.1 Product 4
4.2 The size of Business 4
4.2.1 Operational plan 4
2.2.2 Legal and Regulatory Frameworks for Entrepreneurs 5
4.3 Office equipment and personnel. 6
4.4 Background of the entrepreneur 7
4.5 Location of Business 7

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5 , Production plan 7
5.1 Manufacturing Process(amounts sub-contracted) 7
5.2 Physical plant 8
5.3 Machinery and Equipment 8
6. Marketing plan 9
6.1Promotion strategy 10
6.2 Pricing Strategy 10
6.3 Sales Strategy 10
7. Financial plan 11
7.1 Forecast income statements for coming five years 11
7.2 Sales Forecast 11
7.3. START-UP CAPITAL 11
7.3.1 Sources of Start-up Capital 12
7.4 Cash-flow projection 12
7.5 Operating Balance sheet 12
7.6 Break-Even Analysis 13
8. Management and organization 13
8.1 Organizational structures 14
8.2 Forms of ownership 14
8.3 Responsibilities and job description 14
8.4 SWOT Analysis 15
8.4.1.STRENGTHES 15
8.4.2 WEAKNESSES 16
8.4.3 Opportunity 16
8.4.4 Threats 16
9. Assessment of risk 16
9.1 Evaluation of Weakness of the business 17
9.2 Effects of change: competition/new technologies 17
9.3 Contingency plan 17
14. APPENDIX 17

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Reference 18
SIGNATURE………. 18

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BUSINESS PLAN

1. Introduction
The name of my company shall be named as Youth’s Entertainment Center.

2. Executive Summary
Youth’s Entertainment Center shall be established in haramaya, town that found 517 km
away from Addis Ababa in Eastern direction of my country .The company acquires the
capital from the micro finance, government organization and my personal saving that is
required for the material and workers of that company. The business intends to obtain
finance from external equity in the amount of Youth’s Entertainment Center. Generally
the company started the business by start-up of 3,000,000 capitals. For which the
application will be for commencing work on shop renovation, equipment purchases,
and as operating cash flow. The company also produces a high quality and technology
application that is more sensitive in my century and next coming generation with
available marketing system through any direction and place.

Youth’s Entertainment Center, offers a perfect spot for the public in social gathering
and leisure. It provides customers free access to the Internet as well as an area for to
meet together in a casual environment under an economical manner.
Youth’s Entertainment Center will be incorporated as an unlimited liability company.
The initial owners will be the personal liabilities will be subject to a ceiling at the
amount of my respective investments.
The finance acquired through this business proposal will allow Youth’s Entertainment
Center to successfully open and operate as a cyber-internet café and entertainment.
Operations in year one will generate Youth’s Entertainment Center regular customer
base that will allow it to be self-maintained in year two

2.1 Objectives of Business

Objective of my company is to minimize the amount of unemployment rate of labor force

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specially youth and also contribute to the development of my country. In addition this earning
income and also to better life enjoyment.

2.1.2 Vision
Vision is the long-term goals of an organization or company to achieve in the through
successive effort. So every business is to strive for their final goals which is profit
maximization.

My company’s vision is

ü To get maximum profit

ü To minimize poverty level

ü To be success in the business

ü To play decisive role in the development of country and industry

2.1.3 Mission
Mission is unlike Vision, Mission is the specific goals of an organization or company that focus
on the breakthrough of the company.

My company’s mission is

ü To be proficient in the activity

ü To play vital role in the maturing and run the business into the next level

ü To manage the resource effectively and use efficiently manner

3. Industry analysis

3.1 Future outlook and trends

The suggestion of this Youth’s Entertainment Centers over increased in a few years
later, so the company shall forecast or overcome the idea that introduced in a few years
to handle in the hand of the customer of the modern generation or nation with high
quality and security system that participated with interested group.The company shall
expand in rural and urban areas based up on the customer’s interest. It also opens the

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road for customer who does not Knew about Internet connection by existing physically.
Not only this, but also the company can decrease the cost and increase the user
interest with appropriate product for the customer.

3.2 Analysis of competitor's

In my country there is almost I think that there may no competitors who compute me
since Youth’s Entertainment Center will be the first cyber café in haramaya. It will
differentiate itself from other ordinary internet café shops in the same area by providing
its customers with free Internet and computing services.

But, the company will have competition with international or developed countries
because of that the company will grow all over the world in the future. The competitors
will come from first world incase capital over company. So the company is almost
ready to compete with such saturated company with satisfies the costumer need and
quality Internet connection by standing on the side of the customer.

3.2.1 Strength of the competitors.

The major strength of my competitors is that they can produce very high quality with quantity
application. They also have strong business idea in case of marketing and business.

3.2.2 Weakness of competitors

Youth’s Entertainment Center competes not only with internet café shops, but also with
Internet service providers, with other entertainment like; Edna mall and etc.

Youth’s Entertainment Center will provide free access to the Internet and computer
services such as printing, scanning to customers. It will also provide customers with a
unique and innovative environment for enjoying top quality coffee and bakeries.

ü Also, top quality food and beverages, and a comfortable environment will provide
Youth’s Entertainment Center customers with a second home, a place to enjoy
the benefits of computing in a comfortable environment.

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ü Youth’s Entertainment Center will invest in high-speed computers to provide its

customers with a fast and efficient connection to the Internet. The computers
will be reliable and fun to work with. Youth’s Entertainment Center will continue
to upgrade and modify the systems to stay with current technologies.

3.3 Market Segmentation

The company is going to divide the product in different place by dividing into sectors.
So it is going to open its segment into place in addition to its sources that is Haramaya.

After the vision of this the company is going to set in all Haramaya and neighbors city
and later all the Ethiopia itself. After 10 years later it will go to establish its branch all
over the world.

Youth’s Entertainment Center customers can be divided into two groups.

ü The first group is familiar with the Internet and desires a progressive and inviting
atmosphere where they can get out of their offices or bedrooms and enjoy a
great cup of coffee.

ü The second group is not familiar with the Internet, yet, and is just waiting for the
right opportunity to enter the online community.

Youth’s Entertainment Center target market falls anywhere between the ages of 15 and
70. This extremely wide range of ages is due to the fact that all gaming center, coffee
and the Internet appeal to a variety of people.

In addition to these all broad categories, Youth’s Entertainment Center target market
can be divided into more specific market segments.

ü The majority of these individuals are students and

ü business people

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ü youths

ü any guest from other place(including foreigners)

4. Description of venture

4.1 Product

The company is going to produce the cafes that solve the countries problem regard of
the market such as on seed sector and the like. So, the primary product of my company
is that:
1. Fast Internet connection

2. Different service like Gmail, Yahoo, Twitter …

3. Customer necessary need like coffee, tea

4. Gaming center, like pool, tennis, volleyball, basketball….and other small

service can be given by my organization.

4.2 The size of Business

At initial the company is small in size and it is becomes big since it is expands on over
the world. This is because of the society is interested in such trust suggestion. Again
such suggestion never destroyed or removed since human being never survives without
buy or sale the goods, since they need to enjoy and relax. So, this will make the
company over increase over the world.

4.2.1 Operational plan

• Which need will my business fulfill?

Everyone I talk to agree that moving from house to house, or office to office is very difficult and
time-consuming. There is no company in the area that provides packaging and moving
services. Therefore, if I provide these needed services, my business will have a steady demand.

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• What good/service will I provide?

I intend to offer complete packaging and moving services for homes and offices. Although I
have no experience running this type of business, I have some experience handling, storing and
transporting goods. I learned these things while working with the gas stove importing company.

• To whom will I sell?

I intend to start by offering my services to all my relatives, friends, friends of friends and my
aunt’s customer base. I will then expand my business and advertise around the whole town.

• How will I sell my service?

I can sell my service directly to the customers. Initially, I will introduce the service to all of my
friends, relatives and my aunt’s customer base. After I have done some moving for family and
friends, I will expand my market and hang posters around areas where there are a lot of shops,
offices, apartments and houses for rent.

2.2.2 Legal and Regulatory Frameworks for Entrepreneurs

Since there are many options that an entrepreneur can choose in setting up an organization, it
will be necessary to understand all the advantages and disadvantages of each regarding such
issues as liability, taxes, continuity, transferability of interest, costs of setting up, and
attractiveness for raising capital. Legal advice for these agreements is necessary to ensure that
the most appropriate decisions have been made. To operate as a legal businessperson and
protect the business from unnecessary suits and liabilities, the entrepreneur needs to
understand the various laws that govern his/her business. Following are the key legal issues for
the entrepreneur

ü Intellectual property

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ü Patent rights

ü Trade marks

ü Copy rights

4.3 Office equipment and personnel.

The company also requires some office equipment and personnel.

Equipment’s

N o Descriptio A m o u n Single Total

n t cost cost

1 C o m p u t e 5 9 0 0 4 5 , 0 0
r 0 0

2 T a b l 1 0 2 0 2 0 , 0 0
e 0 0 0

3 Pool 3 3 0 , 0 0 9 0 , 0 0
Table 0 0

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4 C h a i 1 0 2 5 2 5 , 0 0
r 0 0 0

5 coffee 2 1 0 , 0 0 2 0 , 0 0
machine 0 0

6 tea 1 1 0 , 0 0 1 0 , 0 0
machine 0 0

7 P r i n t e 1 3 0 , 0 0 3 0 , 0 0
r 0 0

8 T e n n i 3 3 0 0 9 0 0
s 0 0

T o t a 2 0 5 9 4 5 1 5 0 , 0 0
l 9 0 0

Man power requirement

N o Description A mo unt Monthly pay Annual pay

1 M a n a g e 1 2 , 0 0 2 4 , 0 0
r 0 0

2 Secretar 1 1 , 2 0 1 4 , 4 0
y 0 0

3 .Accounta 1 1 , 5 0 1 8 , 0 0
nt 0 0

4.4 Background of the entrepreneur

Youth’s Entertainment Center, soon to be opened at will provide the public free access

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to the Internet and a special and innovative environment for enjoying pool, tennis,
internet, and top quality coffee and bakeries.
Individuals of all ages and backgrounds will find Youth’s Entertainment Center
appealing. The staffs of Youth’s Entertainment Center provide not only top quality
service but also helpful instructions to customers in computer usage. This educational
aspect will attract elderly customers and youngsters who do not own computers at
home. The easy access location also provides residents in the same area convenience
to their gourmet and online needs.

4.5 Location of Business

The Youth’s Entertainment Centers found in around beauty lakes of haramaya at 517
km away from. Addis Ababa Ethiopia in Eastern direction near to harar.

5 , Production plan

5.1 Manufacturing Process(amounts sub-contracted)

The company shall produce customer based Interested internet connection, General
gaming center and With High Quality Ethiopian Traditional Coffee and tea. It means that
each application have their own steps while developing. For example the café that my
team designed to develop has its own difficulties like working area, material And
Method of how my Café looks Interested. So, first Get Will Work Place Haramaya town ,
Then order computer, material, chair ,table and coffee and tea material then Designed
interested Internet cafe that more Interactive for my customer Because my team needs
to develop Interested café that satisfy customer need and charge money from that
satisfaction to my team and worker of my cafe .

5.2 Physical plant

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Facilities of Youth’s Entertainment Center

ü WIFI network
ü Pool playing area

ü Tennis playing area

ü Basketball playing area
ü Working place
ü Water
ü Light
ü Food and soft/hard drinks

5.3 Machinery and Equipment

There are so many machineries that are used in my Youth’s Entertainment Center .From
those machinery some of them are listed below:

ü Printer machinery

ü Fringe machinery

ü Coffee machinery

ü Food cooking machinery such as, stove

COMPUTER

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ü Some network devices like switch, router, access point.

ü Pool table

ü Tennis table

Table1.1: machinery and Equipment

N o D e s c r i p t i o U n i t Quantity Unit Total

n cost cost

1 Display     5   1 8 0   9 0 0
Case
Br

2   M i x e r     5   1 0 0 0   5 0 0 0

3   P r o o f e     8   2 0 0 0   1 6 , 0 0 0
r

4   I t e m     7   2 , 5 0 0 1 7 , 5 0 0
O v e n s

5   S i g n     4   2 2 0 0   8 8 0 0
s

6 D i s h w a s h e     3   2 , 6 0 0   7 8 0 0
r

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7 C o o k w a r     5   2 0 0   1 0 0 0
e

8  Cash     9   3 0 0 2 7 0 0
register

9 Tables/room 1 0 4 , 0 0 0 4 0 , 0 0 0
décor

1 0 T a b l 5 2 , 5 0 0 1 2 , 5 0 0 0
e
  S u b       1 1 2 , 2 0 0
t o t a l

  Contingency (2.85%)       2 5 0 0

  T o t a l       1 1 4 , 7 0 0

6. Marketing plan
The company will use market penetration strength to introduce its product all over the
world and the international market.

Tentative price of the company’s product in table form price.

N o D e s c r i p t i o P r i c
n e

1 Computer 1 0 0 , 0 0
application 0

2 Mobile 1 5 0 , 0 0

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application 0

3 Drink 9 0 , 0 0
application 0

4 Food 5 0 , 0 0
application 0

5 P o o l 9 0 , 0 0
t a b l e 0

6 Tennis 3 0 , 0 0
Table 0

Youth’s Entertainment Center will position itself as a stylish coffee house and Internet
service provider. It will serve high-quality coffee and specialty beverages at competitive
prices. Due to the number of cafés in Haramaya, it is important that Youth’s
Entertainment Center sets fair prices for its products. Youth’s Entertainment Center will
use advertising as its main source of promotion. Ads placed in food magazines will
help build customer awareness. Accompanying the ad will be a coupon for discounted
coffee and nice bakeries.

6.1Promotion strategy
Youth’s Entertainment Center will implement a pull strategy in order to build consumer
awareness and demand. Initially, Youth’s Entertainment Center has budgeted 6,950$ for
promotional efforts which will include advertising with food magazines and
house-in-house( door –in-door) promotions such as offering customers free drinks as
well as through media and online.
Youth’s Entertainment Center realizes that in the future, when competition enters the
market, additional revenues must be allocated for promotion in order to maintain
market share.

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6.2 Pricing Strategy
Pricing strategies are most often through penetration and cut of the price and efficiently sold
my product .Determining a fair market for cyber cafe is more difficult because there is
no direct competition from another cyber cafe in Haramaya .Therefore, Youth’s
Entertainment Center has to base its prices for coffee and specialty drinks on the “retail
profit analysis” provided by my supplier.

6.3 Sales Strategy

As a retail establishment, Youth’s Entertainment Center employs people to handle sales
transactions. Computer knowledge is a prerequisite for Youth’s Entertainment Center
employees. If an employee does not possess basic computer skills when they are hired,
they are trained by my full-time technician. My full-time technician is also available for
customers in need of assistance. Youth’s Entertainment Center commitment to friendly,
helpful service is one of the key factors that distinguish itself from it.

Table 1. Fixed investment cost estimation

N o . D e s c r i p t i o U n i t Q ua nt i t y Unit price Total

n cost

1 Baking N o 1 30,000  
Machine

2 Cash register N o 1 15,000  

Machine

3 Floor mixing N o 1 12,000  

Machine

4 Breading N o 1 15,000  
house

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7. Financial plan

7.1 Forecast income statements for coming five years

Table 13. Income Statement

N cash Year 1 Year 2 Year 3 Year 4 Year 5

o statement (2020/21) (2021/22) (2022/23) (2023/24) (2024/25)

1 Annual cash inflow 1,250,00 1,301,53 2,183,06 4,366,12 8,732,14

(birr) 0 0 0 0 0

2 Annual cash outflow 795,52 784,554. 1125,204. 1,177,675. 1,236,175.4

(birr) 4 6 3 7 5

3 Annual profit 454,47 516,975. 1,057,855. 3,188,444. 7,495,964.5

(birr) 6 4 7 3 5

7.2 Sales Forecast

Cost of Sales: The cost of goods sold for coffee-related products was determined by
the "retail profit analysis" I obtained from Haramaya Coffee. The cost of bakery items is
20% of the selling price. The cost of Internet access is 847$ per month, paid to PC-Net
for networking fees.

7.3. START-UP CAPITAL

The supplementary financing is required to being work on site preparation, equipment,
purchase, and to cover expense in the first year of operations.

N Item of Quantit Unit Total

o name y price cost
1 C o m p u t e 1 9 0 0 9 0 , 0 0
r 0 0 0

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N Item of Quantit Unit Total

o name y price cost
2 T a b l 2 2 0 4 0 , 0 0
e 0 0 0
4 P o o l 5 3 0 , 0 0 180,00
T a b l e 0 0
5 c h a i 1 2 5 2 5 0
r 0 0 0

6 Coffee 5 1 0 , 0 0 5 0 , 0 0
machine 0 0
7 P r i n t e 6 3 0 , 0 0 1 80,00
r 0 0
8 T e n n i 1 3 0 0 3 0 , 0 0
s 0 0 0
Tota 5 06,50
l 0

7.3.1 Sources of Start-up Capital

Additional financing has already been secured in the form of:-

The business plan is prepared to obtain funds amounting 1,700,000 birr from
the micro finance .

200,000 birr from personal capital and

1,100,000 birr from government ,and NGOs.

TOTAL=3MILLION

7.4 Cash-flow projection

Cash flow statement for year1

Cash Budget T o t a
l

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Cash Budget T o t a
l
Beginning cash
balance-------------------------------------222,700
Cash collected from customers------------------------------190,000
Total cash available for need-----------------------------------------------412,700
Operating Expense ------------------------------------------67,308
Total cash needed---------------------------------------------------------67,308
Cash Excess deficit--------------------------------------345,392

7.5 Operating Balance sheet

A s s e L i a b i l i t
t y
Cash--------------------------------1,700,000 Account payable------------------650,600
Fixed asset-------------------------1,294,000 Note payable----------------------350,000
Miscellaneous Expense----------6,000 Total Liability--------------------1,000,600
Total asset------------------------3,000,000 Capital
Capital-----------------------------,1,6949,400
Total liability and capital---------,3,000,000

Pro-form a Balance Sheet at the end of 1styear

A s s e L i a b i l i t
t y
Cash--------------------------------2,650,000 Account payable------------------2,000,600
Fixed asset---------------------------1,706,400 Note payable----------------------1,900,000
Depreciation-----------------------(12000) Interest payable---------------------39,000
Operating Expense-------------------107,308 Total liability-----------------------3,939,600
Total asset----------------------------4,475,708 Capital------------------------------536,108
Total liability and capital---------4,475,708

7.6 Break-Even Analysis

Break-Even Analysis for 1st year

Total sales on average-------------------------------birr 1,020,000

Total cost---------------------------------------birr207,308

Gross profit (GP)-----------------------------------------------------812,692

Gross profit margin (Gpm)=GP/SALES*100=(207,308/1,020,000)*100=20.32%

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Over head (fixed cost) for first year-----------------------------,99,000birr

Break even turnover=overhead/GPM*100

=birr99,000/20.32%*100%=487,204.72

8. Management and organization

Management is the leadership of the business so as to the business run effectively and
smoothly without failure and uncertainty.

Ø Timmons Model of Entrepreneurship

•What key aspects does an entrepreneur need to manage to start and grow a business?

I decided to perform my business on the principles of Timmons model of managing business.

No one can be perfect for him/herself so I cooperate with teams also realized as the team is
the most beneficent for the growing of one’s company. Team is the heart of the business due to
all of them have different role in the growing company.

• Timmons basic model of entrepreneurship Internal and external factors determine the growth
of business. Success in creating a new venture--(three critical factors of entrepreneurship” )

1) opportunities,

2) team and

3) resource

8.1 Organizational structures

Youth Entertainment

Manager

Leads Secretary

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Seller and
Coffee
Worker promoter

Gaming
center

8.2 Forms of ownership

Sweet Internet cafe shall be established as Public Service Company

8.3 Responsibilities and job description

MANAGER
ü Controls general activities of the business .

ü Communicative with external organizations, gather information, and financial

system.

ü Controlling of the wetter’s

Ø Ansoff Matrix
What is our business growth strategy in relation to new or existing markets and products?

The Ansoff Matrix is a strategic-planning tool that provides a framework to help executives,
senior managers, and marketers devise strategies for future growth.

It is named after Russian American Igor Ansoff, who came up with the concept. Ansoff
suggested that there were effectively only two approaches to developing a growth strategy;
through varying what is sold (product growth) and who it is sold to (market growth). “When

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we are in peak, we make a ton of money, as soon as we make a ton of money; we are
desperately looking for ways to spend it.

Igor Ansoff created the product/market matrix to illustrate the inherent risks in four generic
growth strategies as summarized here below:

1. Market penetration / consumption – the firm seeks to achieve growth with existing
products in their current market segments, aiming to increase market share. This is a low
risk strategy because of the high experience of the entrepreneur with the product and
market.

2. Market development – the firm seeks growth by pushing its existing products into new
market segments. Market development has medium to high risk.

3. Product development – the firm develops new products targeted to its existing market
segments. This alternative growth strategy is characterized by medium to high risk due to
lack of experience about the new product.

4. Diversification – the firm grows by developing new products for new markets. This is
high risk option as entrepreneurs do not have experience about the product and the market.

8.4 SWOT Analysis

The SWOT analysis provides me with an excellent opportunity to examine and evaluate
the internal strengths and weaknesses of loyal fast food. It also allows me to focus on
the external opportunities presented by the business environment as well as potential
threats. Next sections explain major strengths, weaknesses, opportunities, and threats
that loyal fast food should be aware of.

8.4.1.STRENGTHES
Strength is the positive internal factors of any business that has on the objectives,
aims and goals of a business.
a) Location youth’s located in best place which have no computation.
b) Excellent quality on all service in entertainment area
c) Using of the latest made of material for efficient of service.
d) Clear vision of the market need.
e) No rent cost

8.4.2 WEAKNESSES
Weakness is the negative of internal factors of the business

a) Cost factor associated with keeping equipment and technology.

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b) We are opening a new business that limits my confidence of market penetration

to deal with the challenges of the market.
c) Start-up challenges
d) It is owned private lake of new ideas
e) We may face financial shortage for expansion of the business since I will start it
with small amount of capital.

8.4.3 Opportunity
Opportunity is the positives of the External factors of any
business activity.
Opportunity is the backbone of any business activity because of
the idea screening and identify the opportunity of the future and
screening environment .

Youths entertainment center strengths and the awareness of its weaknesses will help it
Capitalize on emerging opportunities. These opportunities include
a) Fast growing population is best benefit for customer usage.
b) Consumer behavior changes due to the economic downturn, respectively an
Increased preference to buy affordable youth’s entertainment center instead of
expensive meals

8.4.4 Threats
Threat is the negatives external factors of any business activity.
It’s uncontrollable factors that affect your business for example
Ø Business fluctuation
Ø Government policy
Ø Natural calamity

a) Slow recovery process of the economy from the current crisis

b) Changes in the business environment that might reduce my sales
c) Higher taxes in the future
d) Tight credit times, higher interest rate, and higher inflation rate than predicted

9. Assessment of risk

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9.1 Evaluation of Weakness of the business

As it is already known Internet café and such other facilities are somewhat not well
Knew by people that live in Developed countries like Ethiopia itself. So due to this the
number of customers may small in number initially that cause to reduce the income.
This indicate that there is a shortage of business. Such As;
ü Insufficient demand for the services provided by Sweet cafe

ü The popularity of the Internet stops to grow.

ü The opening of new cafés in the same area which offers the exact services that
Youth’s Entertainment Center provides.

9.2 Effects of change: competition/new technologies

As the expansion of this Internet cafe increase all over the world, the number of
competitor and quality service may increase that cause share number of customer and
business itself .A pair the cost of that product also decrease since it is available
anywhere. Even such thing occurs the company easily compensates this by opening a
new thing that more satisfy the customers need.

9.3 Contingency plan

Should the demand for the products decreases which do not require much additional
investment in Youth’s Entertainment Center to develop my product like internet access,
gaming center, food, drink etc.

Conclusion
Owned by the proprietor is conceived being a mindful of the increasing demand and
shortage of supply so as to contribute my part in filling this wide gap; furthermore, it
plays a great role in development of the town in particular in terms of investment and
creation of job opportunities. The overall objectives of the business are firstly to
achieve and exceed sales forecasts to enable the business to be operating at capacity,
so that the business extended the number of types Entrepreneurship enterprise that

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enables the business to meet (supply) the market demand.

14. APPENDIX
Ownership information

Project Manager – Kedir Awel kalil

Position ---Student at Addis Ababa University.

Current address –ADDIS ABABA UNIVERSITY

Form of organization--- PROPRIETORSHIP / SOLE

Advidisor/Guidance; Instructor Ousman

Registration--- on progress from the Oromia National Regional State Small Enterprises office

Status of the project--- New

Project duration--- 5 years

Start-up date--- September 28/2019

Reference

At the first my reference is module

Small business entrepreneur ship book

Entrepreneur ship hand outs

E.F.Brigham,L.C.Gapenski,M.C.Ehrhat-1999`FINANCIAL MANAGEMENT`9thedn published

by

Harcourt publisher international company.

M.L.Jhingam-1989`INTERNATIONAL TRADE AND BANKING`.

N.Mosich-1989`INTERMEDIATE ACCOUNTING`-6thedn published by McGraw-Hill

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 Entrepreneurship and Small Business
Company

SIGNATURE………. Kedir Awel

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