Business Plan for Travel Luggage and Bags Manufacturing

Business Plan

Executive summary
AMA WORLD SOLUTION LTD is started its new venture and for that it started
manufacturing Travel Luggage and Bags, and accessories for Travel Luggage and Bags, so
that it provide employment opportunities for the people of Rwanda and the basis of project is
mainly of two (2) major factors. The business affiliation extends overseas to UK and Hong
Kong, but presently it is situated in UK. The project main aim is to improve the economy of a
country and because it is count one of the low income country. With the help of secondary
research, the study reflected that the new business is quite viable and that is why, it will help
to increase the financial growth of a business. Study also present the financial cost which is
required for introducing the business in better manner and there is a need to comply with all
the legal requirement and analyse the tangible and intangible resources needed to meet the
define aim.

Table of Contents
Executive summary....................................................................................................................2
Owner Experience..................................................................................................................3
New Venture focus on............................................................................................................3
Market research......................................................................................................................3
Operational Requirement.......................................................................................................5
Cost and Pricing strategy.......................................................................................................6
Financial forecasting..............................................................................................................6
1. Revenue forecast................................................................................................................6
3. Entire business running cost...............................................................................................7
4. Cash flow forecast..............................................................................................................7
5. Amount of funds that need to be raised from investors.....................................................8
Contingency Plan...................................................................................................................8
REFERENCES...........................................................................................................................9

Owner Experience
AMA WORLD SOLUTION LTD is owned by two owner Mr Masood Ahga Director,
Miss Soriya S Mahomed, Director whose profiles are as follows:
Mr. Massod Ahga
He is the British Citizen and a main promoter of the project and is a very experienced
businessman who actually gain huge exposure in order to establish small to medium business
in foreign countries such as UK, Hong Kong, China.
Miss Soriya S Mahomed
She is also a British Citizen and have a enough knowledge of business management
and involved herself in top UK projects as well.
New Venture focus on
The new venture mainly focused to create employment opportunities and also
improve the economic welfare for Rwanda Population. As there are two main product which
will be introduced such as Manufacturing of Travel Luggage and bags, next is manufacturing
accessories for Travel Luggage and Bags. Thus, project will again offer employment to
mostly skilled and semi-skilled manpower providing extensive training where required which
in turn help to improve the overall performance and make employees professionally skilled.
Market research
Market Place
As per the secondary research, it is analyzed that Rwanda is consider as a 29th easiest
place to do business in a world and also the only low income country as well (Kanten and
Darma, 2017). That is why, starting new business in this place will help to improve the
employment opportunities for youngsters. As AMA WORLD SOLUTION LTD manufacture
the luggage bags for the customers, so it is consider the good option because it is low income
country and that is why, investing in this place will be beneficial in order to improve
economic welfare.
Market Segmentation
It is the process of dividing the market of a potential customers into groups which is
based upon different characteristic. For the new venture, AMA WORLD SOLUTION LTD
segment the people on the basis of age such as it target people whose age is in between 23 to
35 because at this age, the mind is young and that is why, they support the business by
providing new ideas and this in turn leads to meet the define aim (Key and Czaplewski,