- Country: Cameroon
- Industry: Wholesales Trade
- Stage: Initial growth (first revenues)
- Years in operations: 1, Employees: 5
- Investment size: $100,000 / min. $50,000
- ROI: 15% in 1 years
- Type of investment: Debt
We have a printing, documentation and stationary services business that has been running or over 1 year and is low in need of expansion funding.
The company offers the following services/products:
1. All kinds of documentation services such as typing, printing, binding lamination, photocopying and computer training.
2. Stationery of all categories such as office items, school items, etc. both at wholesale and retail prices.
3. Sales of computers, laptops, binding machines, laminators, photocopiers, UPS, stabilizers.
4. Party items.
6. Basic household items and utensils.
Initially, the targeted market was just Mile 4, part of the city of Limbe. Later the business witnessed some great fame and I extended to the whole Limbe and its environs. After one year of existence, I realized that the targeted market became small and there was therefore a greater need to extend it. For that purposeI did a lot of visibility studies and came out with further new target markets which include Buea, Kumba, Mutengene, Douala, Yaounde, Bafoussam, Bamenda and then international markets as well like Nigeria, Garbon, Kenya, Uganda, etc.
With regard to the target markets expansion the business is highly demanding extra funding from investors so as to realize its objectives and by so doing to help local residents and generate income as well.
Since the creation of the business in 2013, the business has witnessed a positive progress and many people have been privileged to ensure those services and facilities to maximum satisfaction which they could initially get only from Douala after incurring a lot of expenses, time wastage and risks of all kinds. So many children now find education worth going because almost all the basic school items are ready available and this has greatly improved their performance at school. Also, the people in and around the area are well served in offices because almost all the basic office items are also readily available and affordable.
The company is duly registered and its details can be found in the registry (registration and tax payer’s number will be provided to interested investor).
The project has long-term objective of 10 years and after that, it will certainly move to 20 years and then 30 years. However, the short term objective is 5 years.
The business intends to start paying back to the investor after the first short term objective of 5 years. However, it is still opened to further and positive advice by a more technical and experienced person of high dignity and positive reputation. The project is currently in its stage of progressive growth.
The company has so many direct and indirect competitors who are also trying hard to gain the market. That is what makes the business very interesting since one keeps on thinking everyday on how to improve on the business and offer the best services and products so as to win many customers thereby improving on high customers goodwill and loyalty.
My company is greatly different from the others in that I studied ACCA whereas all the other CEO have not. So they do not have great knowledge on business. they mostly think only LOCALLY, while I think GLOBALLY and also act LOCALLY. Also I have a lot of experience in business both nationally and internationally. I have been to many business inclined countries like Malabo in Equitorial Guinea, Dubai in the Middle East.In addition to all these, I am also a trained Geography teacher who has taught for 7 years and i also studied administration. By so doing, I have also empowered my workers and immediate collaborators who are working very well and hard to paddle the business.
It is worth saying here with sincerity and honesty therefore that all my advantages are highly sustainable having well understood the concept of sustainability. It is true, competitors may always want to copy our success, but because who are always very creative, dynamic, flexible, tactical and innovative, before they know it at any given time, we must have already hit our objectives and targets and instead about to create or set new targets.
Rationale for the deal
My opportunity in terms of current market is very high and positive because I have already gained a lot of fame along side high customers goodwill and loyalty. With regards to the future markets,it is very promising because i started the business while thinking Globally and acting locally. So now that the local population has gained confidence in the business and as I have also done a lot of publicity all over the national territory,there is more than 90 percent hope and faith that I will succeed.
There are some indications that other market players are making money from a similar opportunity but they have great challenges and they do not even really master how to handle them since they don't have much experience and higher knowledge as well. So they cannot surely measure up with us especially when we must have received funds and expand again. I have over 15 years experience in business and specifically 7 years of experience in this domain
Use of financing
The funding is needed to expand the business and satisfy the high customer demand.Also the population of the are is fast increasing since many schools and offices are being created.Also the fund is intended to expand and go nationally and subsequently internationally.Also we need funding to outrageously overcome our competitors who spend their time trying to copy what we do or offer.
The reason to operate or sell is mainly to help humanity have basic services and facilities, thus making life worth living and by so doing I will be greatly satisfied. Also, while trying to help humanity, I will likely wish to generate some profit but not exorbitant profit. which in the end will keep the company growing and moving to higher heights thereby also making me to be pleased.
Sincerely, since I have a long term objective of 10 years and then 20 years subsequently and however depending on how fats the business is growing, I may envisage two or three rounds of financing having in mind that sooner while not soonest, the business maybe become able to take care of itself and even assist others as well.
Opportunity for the investor
I am looking for a debt investment. The overall loan I need is maximum 1000000 US dollars and minimum 100000 US dollars. The expected payback period will be guided by the short term and long term objectives of the business, which are 5 years and 10 years respectively. However, the deal terms will be highly negotiable. The interest rate will also be highly negotiable and determined according to the basic interest standard and the visibility aspects of the business.
I am looking for a silent investor. However, I will not really have any problem if a hands-on investor comes in. All I need sincerely is funding which will go a long way to push the business ahead as envisaged.
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