Business Plan on KEKE NAPEB (TRICYCLE) Executive Summary

Keke NAPEP Business in Nigeria is one aspect of transportation business that booming right now. As the population of Nigeria keeps increasing day by day, the need to move people from one place to the other is also on the rise. The transportation measures taken by governments don’t seem to contain the lapses. Evidence of insufficient transport means abound at the bus stops and rail stations. For instance, it is very common to spot people hanging on Train, commercial buses etc, in Lagos state.

Those who do it don’t find fun in risking their lives, the need to get home is suppressing the danger of hanging on a vehicle. The truth is, Nigerian government does not have what it takes to offset the deficit in the transportation system. Many administrations have tried one way or the other to contain the situation but have failed.

For instance, when the Lagos state government kicked off BRT in 2008, people in Lagos thought solution to their transport woes has finally been found. But that measure only reduced the negative impact of poor transport system to a little degree. Mostly so because, the BRT buses covers only major areas of Lagos, mainly- Mainland – Island routes.

The questions therefore is:- What about those whose businesses take to places not close to the BRT routes, will they rely on privately owned commercial vehicles to get to their destination? The answers to this question is yes. Since poverty and the traffic situation is not encouraging many to get their own ride, a lot of people depend on Privately operated commercial vehicles to move from one street to the other. And this where Keke NAPEP Business comes into play.

KEKE NAPEB ( TRI – CYCLE) BUSINESS PLAN IN NIGERIA

This sample keke Napeb ( tri – cycle) business plan in Nigeria can be used for government and non-government business grant applications, for bank loan applications, for writing business proposals, to write business concept notes, for business grant competitions, other competitions, and so on . The keke napeb business plan in Nigeria is a very lucrative business idea, that will need you to put a lot of strategic planning and hard work. You will need the skill and experience of a professional business consultant in Nigeria like Jude Okon to help you in the implementation of the business plan

BUSINESS DESCRIPTION OF THE KEKE NAPEB( TRI – CYCLE) BUSINESS PLAN IN NIGERIA

Business: KEKE NAPEB

Industry: TRANSPORTATION

NCS Tricycle Co. will be situated at Ipaja, Lagos. It is established to improve on the availability of transport services at all times in Ipaja and its environs. Tricycle has the highest safest record among other means of intracity transportation in the state. It is very convenient to customers and can penetrate parts of the city that cannot be reached by bikes and taxes dye to rough terrain and bad roads. Its loading capacity also outweighs that of the motorbikes. We will purchase and register twelve tricycles. We shall then proceed to employ twelve drivers to man the twelve keke napebs

The maintenance of the tricycles will be the drivers responsibility and they will be assigned to a trained mechanic certified by the company with a maintenance records booklet for each tricycle.

The Benefits of Our Products and Services are:

– Availability of quality transportation options within and around Ipaja environment

– Employment opportunities

– Accessibility of inaccessible areas in Ipaja

– Fair and standard of pricing system

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OUR PRODUCTS AND SERVICES

KEKE NAPEB ( TRI – CYCLE) BUSINESS PLAN IN NIGERIA

Keke Napeb has the highest safety record among other means of intra – city transportation in the state. It provides a very convenient transportation option and can penetrate parts of the city that cannot be reached by taxes and buses due to rough terrain and bad roads.

KEYS TO SUCCESS

The keys to the success of the keke Napeb business plan in Nigeria are as follows;

– High quality transportation service

– Safety assurance

– Experienced and highly experienced drivers

– Upholding a strict safety policy

– A customer centric company culture

OBJECTIVES OF THE TRICYCLE (KEKE NAPEB) BUSINESS PLAN IN NIGERIA

The following are the objectives of the tricycle(keke Napeb) business plan in Nigeria;

– To provide services with the aim of exceeding our customer’s expectations

– To build and establish trust with our customers

– To achieve net profit in year one, increasing in year two, by containing costs and meeting sales targets

– To establish our brand in the heart of major cities around Lagos

– To achieve a net profit of 36 million naira in our second year of operations

GOALS OF THE TRICYCLE ( KEKE NAPEB) BUSINESS PLAN IN NIGERIA

– To improve on the availability of transportation services at all times within Ipaja and environs

– To expand our services to other parts of Lagos

– To acquire twenty additional vehicles in our second year

VISION OF THE TRICYCLE (KEKE NAPEB) BUSINESS PLAN IN NIGERIA

Our vision for the tricycle business plan in Nigeria is; to establish the most reliable tricycle transportation company in Lagos state, that will meet the increasing demand for safer intra city transportation services and the creation of job opportunities

MISSION OF THE TRICYCLE (KEKE NAPEB) BUSINESS PLAN IN NIGERIA

Our mission for the tricycle business plan in Nigeria is; to provide the safest possible transportation services that will penetrate several parts of the city that cannot be reached by taxes and buses

MANAGEMENT TEAM OF THE TRICYCLE (KEKE NAPEB) BUSINESS PLAN IN NIGERIA

The management team of the tricycle business plan in Nigeria is made up of these people;

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Tolani Mark: He is the founder and owner of the company. He is a retired civil servant and has served in the state’s ministry of transportation for thirty years.

Jide Bayo: Jude Okon Adetiloye: ( B.AGRIC, MBA, and PMP). He has over fifteen years of experience in business management, financial management of business and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC), if 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 the business;

– Educational skill and practical experience in the transportation industry

– The capacity to consistently deliver outstanding services

– Quality transportation services and a good understanding of the market trend

– Our staff brings, operational, technical and marketing skills to the business

MANAGEMENT EXPERIENCE GAINED FOR THE TRICYCLE (KEKE NAPEB) BUSINESS PLAN IN NIGERIA

KEKE NAPEB ( TRI – CYCLE) BUSINESS PLAN IN NIGERIA

With over thirty years of extensive experience in the transportation industry and through numerous exposure to both the practical and technical aspects of services, I have been able to master the technical requirements, the financial management, staff recruitments and organizational skills among other factors required to give us a good commendation from our customers. My managerial skill has also helped me in rounding up a good workforce for over a year and to coordinate the teamwork in most aspects of the company. I am the CEO of the company and I will control and monitor the day to day activities of the company

MATERIALS AND EQUIPMENTS REQUIRED FOR THE TRICYCLE ( KEKE NAPEB) BUSINESS PLAN IN NIGERIA

The following materials and equipments are required for the tricycle business plan in Nigeria:

Office space, office equipments, clerical tools and materials, drivers licences, tricycles and so on

COMPETITOR ANALYSIS FOR THE TRICYCLE (KEKE NAPEB) BUSINESS PLAN IN NIGERIA

We are preferred among other transport providers for the following reasons;

– Availability of safe and quality transport services

– Quality assured standards

– Excellent customer care services and treatment

– Fair and standard pricing system

Our three main competitive advantages are: