OUTLINE OF BUSINESS PLAN FOR CLEANING SERVICES BUSINESS(see attachment)! 2PARTS
Mr.SAFE
week_2_assignment.pptxPrime Domestics Service
Erric D. Bailey
Brenda Boyd
ENT - 5000
04/02/17
Introduction
The business which will be named as Prime domestic services will aim to target the customers around the city and its outskirts.
Prime Domestics aim to deliver quality service to individuals living in the city (Burns, 2016).
The business which will be named as Prime domestic services will aim to target the customers around the city and its outskirts. It is important to states that life is becoming busy in individuals living in the city and most do not have time to do their housework and other cleaning services at their homes and workplaces (Burns, 2016).
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Background to Business Venture
The city people are having hard times managing their family responsibility and work responsibilities. With this idea in mind, Prime domestic will provide a helping hand for the individuals seeking helpers/ maids who can assist in managing domestic tasks. Clients can assess any services provided by the company as per their need.
The employees records will have to be checked to avoid hiring criminals.
The city people are having hard times managing their family responsibility and work responsibilities. With this idea in mind, Prime domestic will provide a helping hand for the individuals seeking helpers/ maids who can assist in managing domestic tasks. Clients can assess any services provided by the company as per their need. The company will offer services for the young, elderly, busy, working to young professionals. Their needs will be taken care of by the company’s house helps who are professionally trained to conduct such events. All the staff of the Prime domestics will have their records checked to try and found any instances of past criminal activity. Prime domestic will ensure that it delivers quality service to all it clients through provision of hiring of people with experiences who also will undergo orientation and training in a means to prepare them. All employees will have to work under the terms and conditions of the company. The salaries and benefits will be given as per the contract (Burns, 2016).
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Estimated Potential Customers
A survey that was conducted on over 60 households from two wards indicated that over 38% of the households are in urgent need of house helps service. The population of Dayton-our target market is 4 million. It, therefore, means that the number of households/families in need of the maid services is 343,891.
The increasing trend is due to recent survey indicating that the population of the city is growing and necessitating for the need of people to help out with the services (Housekeeping and cleaning services, 2014).
A survey that was conducted on over 60 households from two wards indicated that over 38% of the households are in urgent need of house helps service. The population of Kathmandu-our target market is 4 million. It, therefore, means that the number of households/families in need of the maid services is 343,891. It is important to state that the demand of the service being offered by Prime domestics is expected to increase with the company popularity. The increasing trend is due to recent survey indicating that the population of the city is growing and necessitating for the need of people to help out with the services (Housekeeping and cleaning services, 2014).
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Economic Feasibility
The major expenses that will be incurred will majorly be from salaries.
Analysis of the situation indicates that the amount of money required for the start up is less and the sales will outcome the expenses.
Start up Costs
Prime domestics start up costs include purchase of equipment for home-based business, legal fees, marketing fees, supplies, uniforms among other things.
The office will be equipped with computers which will be used to keep records. The office will require a seats, vacuum cleaner, brooms, and printers among other office essentials.
The marketing fees will be required to make brochures and business cards. The total start up expenses will amount to $13,000 (Housekeeping and cleaning services, 2010)
Prime domestics start up costs include purchase of equipment for home-based business, legal fees, marketing fees, supplies, uniforms among other things. The office will be equipped with computers which will be used to keep records. The office will require a seats, vacuum cleaner, brooms, and printers among other office essentials. The marketing fees will be required to make brochures and business cards. The total start up expenses will amount to $13,000 (Housekeeping and cleaning services, 2010)
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Operational Costs
The operating expenses will majorly be salaries. The facility has different levels of management with the manager being in charge of running the facility with the manager’s main role ensuring the daily operations run smoothly besides supervisions.
The human resource department will be responsible for the recruitments and selection of new employees. It also ensure that good relationship between the Prime domestics and the potential clients.
The total costs will amount to $3543.
The operating expenses will majorly be salaries. The facility has different levels of management with the manager being in charge of running the facility with the manager’s main role ensuring the daily operations run smoothly besides supervisions.
The human resource department will be responsible for the recruitments and selection of new employees. It also ensure that good relationship between the Prime domestics and the potential clients.
The administrative office will be in charge of handling finances, keep records and prepare financial statements.
The data operator will be in charge of the systems and ensure that all information is kept in the systems. Managing Director
$ 900
Administrative/Account Officer
$ 600
Human Resource/Customer Relationship Officer
$ 900
Database Operator
$ 340
Security Guard
$ 337.5
Dish washer
$ 94.5
Cloth washer
$94.5
Cook
$ 112.5
Care Taker
$ 144
Total $3543
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Total income 1st Estimates
The total cost of sales is estimated at $ 178,970. Salaries, insurances, and other subscriptions are among the things the major expenses.
Return on Investments
The direct cost of sales will be at $ 5,508 resulting in Gross margin of $173,462
The payroll will amount to ($3543*12)=$42516
Insurance $2400
Other operating expenses$100,000
The total amount of sales will amount to $28,546 at the end of the first year.
The direct cost of sales will be at $ 5,508 resulting in Gross margin of $173,462
The payroll will amount to ($3543*12)=$42516
Insurance $2400
Other operating expenses$100,000
The total amount of sales will amount to $28,546 at the end of the first year.
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Possible Alternatives
The possible alternative of looking for funds includes getting loans through banks.
In a means to cut on the expense, the employees will be given contracts with only the top management being permanent and pensionable. These employees will be recalled only when there is plenty of work to handle.
The employees will be given motivating incentives if they receive a good (Housekeeping and cleaning services, 2014)
The possible alternative of looking for funds includes getting loans through banks. In a means to cut on the expense, the employees will be given contracts with only the top management being permanent and pensionable. These employees will be recalled only when there is plenty of work to handle. The employees will be given motivating incentives if they receive a good (Housekeeping and cleaning services, 2014)
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Conclusions/ Recommendations
The house help service industry enjoys a good market share. It is important to state that careful research in the area indicates that there is no service industry in the area that provides the kind of service provided by Prime domestic.
Being pioneers in the area, The company is expected to set up standards.
The house help service industry enjoys a good market share. It is important to state that careful research in the area indicates that there is no service industry in the area that provides the kind of service provided by Prime domestic. Being the pioneers of the industry, in the area, the company has the responsibility to set up the standards and enjoy monopoly. The major problem, however, will come with sourcing the house helps. I recommend for this program to be adopted early in time to capitalize on the wide market (Housekeeping and cleaning services, 2010)
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References
Housekeeping and Cleaning Services. (2010). Facilities Manager's Desk Reference, 425-444. doi:10.1002/9781444320466.ch32
Housekeeping and Cleaning Services. (2014). Facilities Manager's Desk Reference, 437-456. doi:10.1002/9781118785386.ch32
Burns, P. (2016). From Business Model to Business Plan. Entrepreneurship and Small Business, 383-408. doi:10.1007/978-1-137-43034-2_15
