Sample Business Plan

AfriNET IT Solutions | SWOT Analysis

AFRINET IT SOLUTIONS
Sample Business Plan

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Business plan outline
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The passion and commitment demonstrated by the business owners, (Adrian, Lesedi and Hilton).
The business shall recruit skilled, competent and experienced personnel further signifying its commitment towards providing quality services to its highly valued prospective clientele
The charismatic and democratic style of leadership of the business owners shall be a strength to the business
The strong thriving entrepreneurial spirit of the business owner
The current availability of state of the art computer equipment to be used in the business

The lack of a comprehensive accounting system
The lack of a comprehensive management information system
The lack of funding to purchase additional IT equipment to reach new markets.
The business may have to depend on external funding providers in order to expand or diversify
The lack of highly trained staff in key areas such as finance and marketing
The lack of capacity to meet a wider market

The environment that the business will operate in provides numerous opportunities in terms of financial and non financial support. The business can access support from NYDA, SEDA, Khula, National Empowerment fund as well as from schemes and agencies under the Department of Trade and Industry
The interest rates are currently fairly low. This is encouraging for businesses as the cost of borrowing is lower and more people have a greater spending power
The possibility of serving the immense South African market is an opportunity for the business.
The existence of government legislation in favour of preferential procurement from black owned businesses.

The growing intensity of rivalry amongst IT service providers
The threat from direct and indirect competitors within the region that the business intends to operate in
Threat of possible high inflation rates as a result of increased electricity prices
There is a potential a further increase in petrol prices thus implying a higher level of operating costs and lower profits

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