Nongalo Financial Services CC (“NFS”)

Business Plan

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Nongalo FS believes that access to finance is crucial in fostering entrepreneurship, competitiveness, innovation and growth. The company primary activities are the facilitation of access to finance for small enterprises and providing after-care support.
• We assist small businesses by helping them prepare bankable business plans.
• We have been doing business plans for the past three years and our success rate is exceptional.
• In addition to business plan development, we also assist in mentoring and business advisory services.

Business plan guidelines

In constructing the business plan, the following information is mandatory to ensure the evaluation process is accelerated:
• Information on applicant (contact details);
• Executive summary;
• The company (history; mission statement; strategic objectives; shareholding structure; directors; current business activities; key strategic partnership/alliances);
• Business Location (accessibility of site, security, size)
• Product description (detailed description of products on offer; status of development; key milestones achieved and still to be achieved; cost breakdown; technology employed; intellectual property; patents; royalties; competitive advantages; SWOT analysis);
• Information (description of process; details of plant, equipment and building requirements; details of actual and projected operating costs and capital expenditure; information on raw materials and suppliers);
• A brief description of the additional capacity which is planned with details of additional working capital and other capital requirements, as well as sales budget and information on the size and growth of the markets which are to be served, the potential clients, the most important competitors and the proposed methods of marketing;
• Present employment and the number of new employment opportunities to be created;
• Market analysis (market trends; industry analysis; customer profiles; market research results; competitor analysis; substitute products; three year sales forecast – units and value; market share; entry barriers; potential market segments – size growth;)
• Marketing Plan (overall marketing strategy, pricing, advertising and promotion, sales tactics, distribution) • Management team (organizational chart with responsibilities; CV’s of Key people) • Critical risks (highlight key risk areas and describe plans to minimize their impact);
• Funding (details of funding required and application thereof; capital invested to date; owners’ contribution); • Financial Plan (valuation; key assumptions; 3 years’ historical (audited in the case of an existing company) and projected income statement, balance sheet and cash flow; break-even analysis; business ratios); and Material contracts and/or agreements