By Sylvia and Anthony Nduruo
DESCRIBE YOUR BUSINESS:
Zukiton Ventures formerly known as GodsFavour enterprise is a distribution company specializing in a wide range of beverages and snacks. We offer popular drinks such as Coca-Cola, Pepsi, Fanta, water, juices, chocolate drinks (e.g., Milo), as well as snacks like biscuits and noodles. With a diverse product selection, we cater to various customer preferences, from daily consumption to special occasions.
Current Customers: We supply over 100+ retail stores, event planners, and individual customers.
If given the grant we will
Inventory and Product Expansion (Use the grant to purchase bulk inventory of popular beverages and snacks, allowing you to meet customer demand without running out of stock. Introduce new products or unique snacks and beverages that set you apart from competitors, enticing more customers to try your offerings.) ………………………….. $815
Packaging and Branding …………………………………. $30
Technology and Tools (Point of Sale (POS) System: Invest in a POS system for better transaction management, inventory tracking, and reporting.) …………………………………. $40
Upgrade our business place aesthetics …………………………………. $60
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The total Amount Requested is $965
How would this help your business? How will this help your business generate more income?
In our line of business, bulk buying is crucial as it directly boosts our profit margins. A microloan would be instrumental in enhancing our brand visibility through strategic branding, expanding our product offerings to meet client demand, improving customer experience, streamlining operations, and increasing credibility. This, in turn, would drive higher sales, foster customer loyalty, and significantly improve our profit margins—potentially increasing them to 47%. By expanding our product range and leveraging bulk purchasing, we can meet customer needs more effectively while maximizing profitability for sustained growth and success.
YOUR NET INCOME
For every $50 in revenue, the business spends $28, leaving $22 in net income, resulting in a 43% margin after all expenses, including self-salary.
The Income Statement contains the latest 3 months of the business from August 2024 to October 2024 (with the future impact of the grant to the business in the coming months)
CASH FLOW (5 MONTHS INTO THE FUTURE)
INCOME STATEMENT
Some of our products
BUSINESS MISSION STATEMENT:
To help everyone enjoy life’s moments by offering high-quality products that are accessible, affordable, and enjoyable to all.
SERVICE OR PRODUCT DELIVERABLE:
We start by sampling our products and word of mouth to acquire customers.
Next, we discuss their preferences, quantity needs, and budget.
We take their order and get paid.
Once that is done, the purchased items are packaged, and organized for delivery.
Sometimes customers come in to sample the products before final delivery, ensuring satisfaction before they receive their order.
DESCRIBE YOUR BEST CUSTOMER:
Our ideal customers include local grocery stores, event organizers, and individual consumers. They are typically looking for convenience, brand variety, and reliable supply of beverages and snacks for both personal and event-related needs.
WHY CUSTOMERS DO BUSINESS WITH YOU RATHER THAN WITH YOUR COMPETITORS?
Wide Beverage Selection: A curated range of refreshing beverages, from popular soft drinks to unique options, catering to all tastes and occasions.
Fast, Reliable Delivery: We ensure prompt and dependable service, getting your orders to you when you need them, hassle-free.
Affordable Pricing: Offering the best prices in the market without compromising on quality, making it easy to enjoy your favorites.
Consistent Quality & Availability: We maintain a steady supply of trusted products, ensuring that your beverage needs are always met, time and time again.
LIST YOUR SERVICES OR PRODUCTS AND THEIR PRICES:
| Product | Price (per unit) |
| Coca-Cola (500ml) | $0.18 |
| Pepsi (500ml) | $0.18 |
| Fanta (500ml) | $0.18 |
| Bottled Water (500ml) | $0.12 |
| Juice (variety) | $1.50 |
| Wine (various brands) | $10.00 – $50.00 |
| Biscuits (assorted) | $0.12 |
| Noodles (single pack) | $5.33 |
| Milo (400g) | $3.00 |
HOW DO CUSTOMERS KNOW THAT YOU EXIST? :
Through the open market, word of mouth, and social media.
WHY DID YOU CHOOSE THIS BUSINESS?
Our goal is to fill a demand in the market for quality, readily available beverages and snacks. With increasing customer demand for convenience and variety, we saw an opportunity to provide a consistent, reliable distribution that meets everyday needs.
LIST YOUR TOP WAYS TO FIND NEW CUSTOMERS:
1. Social media advertising on platforms like WhatsApp and Facebook.
2. Partnerships with local stores and event coordinators.
3. Word-of-mouth referrals from satisfied customers.
4. Local market.
HOW LONG HAVE YOU BEEN IN BUSINESS?
Since 2016 (8 years)
My Family Photo:
CONTACT DETAILS:
Phone number: +234 806 286 6866
Email: zukiton@gmail.com
Course Facilitator
Name: Okoro Ezenwa Omaka
Phone: 09030050625
Email: omakaoe@gmail.com