INSTITUTE OF TECHNOLOGY

MANUFACTURING FACULTY
DEPARTMENT OF CHEMICAL ENGINEERING

Entrepreneurship and Small Business Management Business Plan for

Techno laundry

Prepared by Solomon Megersa

ID 1659/08

Submitted to: Mr.Mulugeta K.

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Table Contents Page No
Executive Summary .................................................................................................................................... ii
Concept and History Back Ground .......................................................................................................... iii
1.1Techno laundry service...................................................................................................................... 1
1.2History of the Business Idea .......................................................................................................... 1
2. Goals and Objectives .............................................................................................................................. 2
2.1Objectives............................................................................................................................................ 2
2.2Goals .................................................................................................................................................... 2
3. Market Plan ............................................................................................................................................. 3
3.1Consumers and Demand ................................................................................................................... 3
3.2Geographic Market ............................................................................................................................ 3
4. Strategies and Implementation .............................................................................................................. 9
4.1 Swot Analysis..................................................................................................................................... 9

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Executive Summary
The business of the laundry service is implemented on the Hawassa technology institutes. These
laundry service will help to the students by saving their time and there energy. How can the
business serve? How can get profit? Will be explained deeply in the body. Techno Laundry
Service is a start-up business that provides cleaning any garment services for Hawassa university
students.

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Concept and History Back Ground
1.1Techno laundry service
Techno laundry service serve washing any kind of garment fitted to the washing machine,
ironing, perfect folding, inking. Techno laundry Service is an insured, student’s cloths cleaning
service. It offers cleaning service tailored to its customers’ needs. Most customers will likely
request weekly cleaning.

1.2History of the Business Idea

The business plan idea is developed when I were thinking about the time that I spent washing my
cloths, the concept is born in that way. So I develop this idea considering the student’s time that
is wasted instead of studying or relaxing. And also the reason why I choose this business plan
idea is that there is no service around the area so the profitability of these business is high why
because no compotators’.

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2. Goals and Objectives
2.1Objectives
Techno laundry service considers its business as a startup, but that will expand. The business
plan objective is to start the business in one location and then add new branches in different
areas. Techno laundry service is part of the dry cleaner and laundry industry that intends and
maintain a friendly environment. Excellent customer service, making a sweet and clean cloth.

2.2Goals
The main target or goals of these business plan idea is to make myself independent for my
country or family or any other supportive groups I rather be the supporter. Generally

Self-reliance in economy, and also I serve the students make their life simple as possible and
tensionless regardless of their cloths.
Short Term Goals
 Be a self-reliance in economy
 Serve the Hawassa university students, make their life simple as possible and tensionless
regardless of their cloths by saving a time.
 Develop well name around Hawassa University also the city

Long Term Goal

 Make a branch around city of Hawassa
 Make the service home deliver.

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3. Market Plan
3.1Consumers and Demand
Techno laundry service will serve the Hawassa university students as a beginning. The service
focused on all students male and female.

The Customers
Techno laundry service will target all students
Competition
I believe that for every action there is reaction, when I begin this service the compotator’s will
raise. The one reason why the compotators are rise is because of I show the way. To react well
on the market I should make a big act and also I have some ideas to be above to owner
compotators for example I try to do a lot of advertisement to be well know above my
competitors, work parallel jobs (ironing, folding delivering) and making laundry soap which
minimize the laundry coast generally I will have special room for globalization action

3.2Geographic Market
The business plan geographic location will be on the compound of the Hawassa university
institute of technology .The shop placed is more likely one on the female dormitory and the other
is on the graduate student dormitory the service may also can be home (dormitory) deliver so the
consumer will not travel not much, or not travel.
Pricing Policy
The price of the service we set depends on the startup financial and the market .so we set some
items as the beginning:-
 Trouser…………………………………………………….3 birr

 Sweeter……………………………………………………..3 birr

 Cote………………………………………………………….10 birr

 T shirt……………………………………………..…………3 birr

 Shirt………………………………………………………….2 birr

 Sheet garment………………………………………………..12 birr

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  Blanket……………………………………………………….20 birr

 Suit………………………………………………………….50 birr

 Dress…………………………………………………………..(7-30 birr)

 Pajama…………………………………………………………10 birr

 Jeans…………………………………………………………….. 7 birr

Legal Requirement
Techno laundry service will have the conduct the authorities that consider to my business. I will
go to the work area kebele or wereda in my case Hwassa sub city kebele or wereda. Firstly I will
go to kebele to take tin number that helps me to payroll taxes, and then move to responsible
authorities that will give me loan. Finally make a deal with the work place owners in this case
Hawssa University.
Form of Ownership Techno laundry service run by me (Solomon Megersa). I choose the form
of ownership will be sole proprietorship.

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Financial Plan
In the financial I will gone decide and estimate for initial capitalization plan ,project income
,project operating experience ,project cash flow and initial balance sheet.
The financial plan depends on important assumptions, most of which are shown in the following
are as Annual assumptions.
They are:
 Cost of water,
 Rag, soap and
 Electricity is largest expenses.

Water is the major concern in Hawassa University. I am planning for this possibility by installing

START-UP EXPENSES
Expense Cost Cost

1 Washing machine 60000

2 Chemical (detergents)/ 5000 birr
3 Business cards/flyers 300 birr
4 Signs(advertisement board) 400birr
5 Uniforms 4 * 200= 800 birr
6 Water tanker 10,000 birr
7 Cleaning supplies(laundry lastic,holder) 500 birr
8 iron 2500 birr(two item)
9 total 79,500 birr

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Sources

Owner Contribution 60,000

Loan 50,000

total 110,0000

For the start up the business I need 79,500 birr and 60000 birr by loan for the small business
loaner. The rest money from the start up business is saved for sudden reactions such as
maintenance and resource input needed of the business
Project Income
The project income will gone be estimated as depends on the day that I will gone work and the
cash flow that I gone spent for the laundry service and corresponding works .In Hawasssa
university there are greater than eight thousand (8000) and above students so from all of them if I
serve 40-70 students I can have 12000-21000 birr per month.
Project cash flow
The business cash follow depends on the student’s existence so
September –October the cash flow is very low because it is the time that every regular
students will come and the summer students will leave

November-April the cash flow is high because the students are present in the compound, but
in the break time flow may be low.

June –August the cash flow is very high in these month because of the summer
Students and graduate students.

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Generally the cash flow will be managed by the responsible person that I will gone hire.so the
management and the organization structure will gone elaborate below.

Organization, Management and Staffing Plan

Management
The ability of management is carried out by the employee that I will go to hire. The employee
will go responsible to me.
 General Manager
 Accountant/casher
 Operator on the machine
 Shopkeeper (collector)
General Manager:-he/she is responsible for every action that comes to the laundry service .the
manager will control the whole employee .and it reports everything to me Owens, and decide
what is best for the business if it is necessary.
Accountant/casher: - responsibility of the accountant or casher in connection to the income,
profit and revenue. He/ She will gone pay the tax, pay to the employee and report everything to
the manager.
Operator on the machine:-the operator operate the laundry washing machine.
Collator /shopkeeper:-the person who collect the cloths and prepare and deliver to the
consumer.
Employee Requirement
Techno laundry service hires 7 employees

But as begging we need only five employee, the manager and one machine operator is not
needed.

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Special Consideration
Techno laundry service will gone take special consideration on the business. These is because to
make the business is profitable and make a simple work environment beyond the competitor.
Special consideration on the competitors:-after begin or before I begin the business. It may be
started by other business men.so I should have special consideration pre caution and also post
caution. Let list some points
consider our customers,

board

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4. Strategies and Implementation
4.1 Swot Analysis
The SWOT analysis provides concise information on the strengths and weaknesses about the
Company as well as the opportunities and threats it faces. This information is important in
crafting the marketing strategies of Techno laundry. As they give direction to which the
strategies must be focused.
Strength

Weakness
one in dorm area if the university does not
allow it

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