Business Plan on Finance and Accounting Executive Summary in Nigeria

Introduction

If you’re unfamiliar with creating an accounting business plan, you may think creating one will be a time-consuming and frustrating process. For most entrepreneurs it is, but for you, it won’t be since we’re here to help. We have the experience, resources, and knowledge to help you create a great business plan.

In this article, you will learn some background information on why business planning is important. Then, you will learn how to write an accounting business plan step-by-step so you can create your plan today.

Overview

This is a finance and accounting business plan in Nigeria, which can be used for government and non – government business grant applications, for bank loan applications, for writing business proposals, in writing business concept notes, for business grant competitions, other competitions and so on

This finance and accounting business plan in Nigeria is a very lucrative business idea which will require a lot of strategic planning to start. It is also advised that you seek the technical assistance of a professional business consultant in Nigeria like Jude Okon to help you in implementing the business plan

BUSINESS DESCRIPTION OF THE FINANCIAL AND ACCOUNTING BUSINESS PLAN IN NIGERIA

Business: FINANCIAL AND ACCOUNTING

Sub – sector: OIL AND GAS

NCS Accounting is a new accounting service made available to small businesses, self – employed, home – based businesses and individuals

General ledger, accounts payable and receivable, payroll, billing and collections, filling of federal, state and local forms, tax preparation are services necessary to each corporate entity and individual. Assistance in these endeavours are the basis of NCS Accounting, with the makings of a highly profitable venture. Presently, management of NCS is seeking funds to develop and expand the business in a phased approach, as highlighted in its planning tool. The owner of the company, Shade Bricks, has extensive experience in the business, for over twenty years now. Since 1998, she has been concentrating in the accounting field, working for A to Z Bank.

Initially, as a home based business( keeping low overhead in the start up phase) NCS will specialize on individuals and small business clientele. As growth warrants, additional staffing assistance and/or outside office location can be realised.

The Benefits of our Products and Services are:

– Facilitating growth potential for the industry.

– A strong and on – going customer feedback

– Employment opportunities

– Fair and best possible prices

OUR PRODUCTS AND SERVICES

General ledger, accounts payable and receivable, payroll, billing and collections, filling of federal, state, and local forms, and tax preparation are services necessary to each corporate entity and individual. Assistance in these endeavors are the focus of NCS Accounting, and the makings of a highly profitable venture.

Related BUSINESS PLAN:

FINANCE AND ACCOUNTING BUSINESS PLAN IN NIGERIA

KEYS TO SUCCESS

Following is a list of the company’s key to success;

– A vital service designed for the end user

– Customer care advantage program

– Controlled overhead and operational costs

– Regular and on – going customer feedback

– Sufficient technology/ software capacity

– Ongoing consultation services

– Dedicated management team

OBJECTIVES OF THE FINANCIAL AND ACCOUNTING BUSINESS PLAN IN NIGERIA

The following are the objectives of the financial and accounting business plan in Nigeria :

– To attract invest capital

– Focus ideas and establish goals

– Identify and quantify objectives

– Track and direct goals

– Create benchmarks for measuring success

GOALS OF THE FINANCIAL AND ACCOUNTING BUSINESS PLAN IN NIGERIA

The goals of the financial and accounting business plan in Nigeria are as follows:

– Identify and pursue bigger potential markets

– Improve our services and products

– Ensure effective customer responsiveness

VISION FOR THE FINANCIAL AND ACCOUNTING BUSINESS PLAN IN NIGERIA

The vision for the financial and accounting business plan in Nigeria is: Offering innovative financial and accounting services that will exceed our customers expectations

MISSION FOR THE FINANCIAL AND ACCOUNTING BUSINESS PLAN IN NIGERIA

Our mission at NCS Accounting is; to provide dependable and quality service of accounting nd tax preparation assistance to all sectors of industry , commerce and individuals. We shall endeavor to provide our services in a comprehensive and cost competitive manner, while providing our customer care advantage

MANAGEMENT TEAM OF THE FINANCIAL AND ACCOUNTING BUSINESS PLAN IN NIGERIA

The management team of the financial and accounting business plan in Nigeria are the following people:

Shade Bricks: She has over twenty years extensive experience in the accounting field, working for A to Z Bank. She received her B.A in accounting from the University of Ibadan. Desiring to start her own business, she set up NCS Accounting, a full – service accounting service in 2015.

Jude Okon: He has over fifteen years experience in business management, business start – up dynamics, financial management of business and overall business growth and development. He is an alumnus of Enterprise Development Centre( EDC), of the Lagos Business School( LBS), Pan African University(PAU). He is our business development strategist and a strategic partner of the company

We brought to this business:

– Educational skill and practical experience in the financial and accounting sector

– Capacity to consistently deliver outstanding services

– Ability to identify competitive forces and products.

– Our staff offer creative marketing approaches

– Our team have combined marketing, educational, communication and operational skills for the business

FINANCE AND ACCOUNTING BUSINESS PLAN IN NIGERIA

MANAGEMENT EXPERIENCE GAINED FOR THE FINANCIAL AND ACCOUNTING BUSINESS PLAN IN NIGERIA

Having amassed some twenty years of experience in the financial and accounting sector of industry, and with extensive exposure to both the practical and operational aspects of the business. I have been able to master the technical requirements, financial management, staff recruitment and organizational skills, among other factors which are imperative to give us high – flying commendation from our clients. My managerial skills and technical know – how, has also proved useful in setting up a workforce for the past three years, and also to coordinate the teamwork in most areas of the company

MATERIALS REQUIRED FOR THE FINANCIAL AND ACCOUNTING BUSINESS PLAN IN NIGERIA

The following listed materials are listed for the financial and accounting business plan in Nigeria;

Tax preparation software, office space, office equipments and machines, clerical materials and provisions,a power generator set, company vehicle, company brochure and so on.

COMPETITOR ANALYSIS FOR THE FINANCIAL AND ACCOUNTING BUSINESS PLAN IN NIGERIA

The reasons we receive patronage is due to these:

– Quality assured standards

– We are positioned as a full – service accounting company in Nigeria

– We provide our services at a comprehensive and cost competitive manner

– Excellent customer care services

– We pay attention to detail

Our three main competitive advantages are: