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Transport Business

Organized by: Caleb Abraham

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THE STORY:

Project Requestor: calebabrahamsz@gmail.com +27738647425 STATEMENT OF THE PROBLEM OR NEED I am writing this proposal to ask for support in my effort to become self-supporting as well as support my minor sister Joanna. I am currently a student at the University of Pretoria South Africa. I find that it will be very wise for me to find ways to support myself. But to do that, I am asking for help and support until I graduate and will be able to be the sole source of support for myself and my sister. I am therefore writing this proposal because I feel it’s time I share by business idea and ask for the financial resources to start my small business. The inspiration for my business comes from my late uncle. Prior to his death last year, he operated a small transport business. He owned two Quantums (mini busses) that transported the public from Mbabane to Manzini. He was also hired by schools, churches, etc. I was able to learn from my uncle about this business and was hoping to take it over upon his death, but due to other family circumstances that did not happen. I continue to pray for God’s favor that He will make a way for me to start my own transport business. My business will also provide the much needed transportation to the people in Mbabane and Manzini. I will also serve churches and schools for their transportation needs. Project Deliverables and Beneficiaries: With the two Quantums, I hope to achieve these goals. 1) To have constant income to support my sister and me 2) Financial freedom 3) Build a small three bedroom house 4) Give back to what was given to me, and help others 5) To complete my education while supporting myself and my family This is very good business for a start-up as it does not require me to have business certificate. I can continue with college as the staff at New Hope Centre as agreed to manage the busses while I am away in school. They can reach me by phone. There are excellent benefits to New Hope Centre in this partnership. • New Hope Centre can use the busses during the weekend for church. • The young men at New Hope Centre can earn an income with a job. They can drive the busses to earn money to support themselves. Strategic Context: In order to complete my college education, a critical component of this business is that the staff at New Hope Centre will operate the day to day functions until graduation. I will be solely in control of the income for this business, will maintain the books and manage the bank deposits and withdrawals. New Hope Centre will help with. • Security of the busses being parked inside their fence • Monitor when I am not available • Help with finding reliable drivers with good driving records New Hope Centre will not: • Pay the drivers • Will not have control of the money as much as they will be collecting fees but giving them to me to manage I will be in full control of the money and at the end of the month I will be releasing a report of the amount made and the details of each driver in terms of their income. Timeline: My goal is to have the business up and running by August 2016. God willing, I would like it to be sooner. The needs of transport busses are a great need and a profitable business. They are regions in Swaziland that only have one transport a day. With this two busses… I could double the business income. Project Assumption and Constraints: Assumption: • After 3-6 months on the road, the money this business will make, will be enough to sustain the business and pay for government requirements Constraints: • It is important that the busses are used for the safety of community and the people that will be riding to and from home. • It is important that they work according to the department of public transport in the government of the kingdom of Swaziland. Project Expenses: • To start the project I will need to buy the two used Quantums. • A second hand one will cost R170,000. $12,000. For two, that will bring us to the sum of R340, 000. $25,000.00 • Then to register both of them. Each will cost R10, 000. $1000. • Each driver will earn the amount of R3000 250usd • Insurance for each R1000, 100usd for each one. that is the sum of R2000, 200usd • I am looking for 20 business partners who will contribute $1500 each to start my new business. Primary contact: • calebabrahamsz@gmail.com • +26876862231 or +27738647425

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Organized by

Caleb Abraham

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