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» Regional Disaster Committee of Dsm Led by Regional Commissioner Paul Makonda today have visited some of the areas that were affected by flooding
MAAJABU YA MTANDAONI,BOFYA HAPO CHINI HUTAAMINI MACHO YAKO
Tazama Video hapa Chini;
Part 6: Financial Plan
The Financial Plan translates your company's goals into specific
financial targets.
The Financial Plan section:
–Clearly defines what a successful outcome entails.The plan isn't merely a
prediction; it implies a commitment to making the targeted results happen and
establishes milestones for gauging progress.
–Provides you with a vital feedback-and-control tool.Variances from projections
provide early warnings of problems. When variances occur, the plan can provide
a framework for determining the financial impact and the effects of various
corrective actions.
–Anticipate problems.If rapid
growth creates a cash shortage due to investment in receivables and inventory,
the forecast should show this. If next year's projections depend on certain
milestones this year, the assumptions should spell this out.
Part 6: Financial Plan
The Financial Plan is the most essential part of your Business
Plan. It shows investors the timeframes you have scheduled to make profits.
Some elements of the Financial Plan include:
–Important Assumptions
–Key Financial Indicators
–Break-even Analysis
–Projected Profit and Loss
–Projected Cash Flow
–Projected Balance Sheet
–Business Ratios
–Long-term Plan
Different Financial Planning Options
Short-term Forecast: Projects
either the current year or a rolling 12-month period by month. This type of
forecast should be updated at least monthly and become the main planning and
monitoring vehicle.
Budget: Translates
goals into detailed actions and interim targets. A budget should provide
details, such as specific staffing plans and line-item expenditures.
–The size of a company may determine whether the same model used to
prepare the 12-month forecast can be appropriate for budgeting.
–In any case, unlike the 12-month forecast, a budget should
generally be frozen at the time they are approved.
Different Financial Planning Options
Strategic Forecast: Incorporates
the strategic goals of the company into the projections. For startup companies,
the initial Business Plan should include a month-by-month projection for the
first year, followed by annual projections for a minimum of three years.
Cash Forecast:Breaks
down the budget and 12-month forecast into more detail. The focus of
these forecasts is on cash flow, rather than accounting profit, and periods may
be as short as a week in order to capture fluctuations.
Part 7: Operations and Management
The Operations and Management section outlines how your company
will operate.
The Operations and Management section includes:
–Organizational structure of the company.Provides a basis for
projected operating expenses and financial statements. Because these statements
are heavily scrutinized by investors, the organizational structure has to be
well-defined and realistic within the parameters of the business.
–Expense and capital requirements to support the organizational
structure.Provides a
basis to identify personnel expenses, overhead expenses, and costs of
products/services sold. These expenses/costs can then be matched with capital
requirements.
TAFADHALI SHARE HABARI HII KWA RAFIKI ZAKO HAPO CHINI ILI IWAFIKIE NA WENGINE PIA
Pig industry sustains livelihoods of many families in Kenya. Pig rearing has been one of wellestablishedindustry
in Kenya following growing export markets and increasing number of health
conscious consumers. Pig production if efficiently managed has great potentials for increasing
protein supply in Kenya. Smallholder pig farms in Tharaka-Nithi County have been facing
varying and dismal profits. The main objective of this study will be to establish which
institutional arrangements and management factors affect the profit efficiency of small-holder
pig farmers in Tharaka-Nithi County. A multi-stage purposive sampling technique will be
adopted to collect cross sectional data of eighty (80) smallholder pig farmers in Maara
Constituency by the use of semi-structured interview schedules. The work will employ Data
Envelopment Analysis to come up with profit efficiency rankings among the farmers and
stochastic frontier profit function will be used to analyze the factors that affect profit efficiency.
The data will be processed using STATA and DEA Frontier packages. The findings could be
useful to the stakeholders of the pig industry sub sector to formulate policies pertaining to pig
enterprise inputs, marketing issues and financial products and also can establish benchmarks
which can be used as a package for enhancing and stabilizing profit efficiencies of smallholder
pig farmers which in turn could help improve the Kenya economy.
An Overview of Livestock Sub-sector in Kenya Perspectives, Opportunities and Innovations for Market Access for Market Access for Pastoral Producers Recent statistics point that the livestock sub-sector in Kenya accounts for approximately 10% of the National Gross Domestic Product (GDP). This is 30% of the agricultural GDP. It employs about 50% of the national agricultural workforce and about 90% of the ASAL workforce. 95% of ASAL household income comes from this sub-sector. This is despite the fact that the sector receives only 1 % of the total annual budget allocation. The livestock resource base is estimated at 60 million units comprising of 29 million indigenous and exotic chicken, 10 million beef cattle, 3 million dairy and dairy crosses, 9 million goats, 7 million sheep, 0.8 mi camels, 0.52 mi donkeys and 0.3 million pigs. (Strategy for Revitalizing Agriculture (SRA) 2003) Kenya is broadly self-sufficient in most livestock products but is a net importer of red meat mostly inform of on-the-hoof animals trekked across the porous boundaries of neighbouring countries- Somalia, Ethiopia, Sudan, Uganda and Tanzania. Livestock supply in Kenya results from a complex set of interactions between Kenya and its neighbours and the traditional Middle East market and their respective livestock populations, demand and market prices. Kenya is part of a regional market where livestock flow according to markets and price differentials in a liberalized system throughout the region as a whole and where Nairobi represents a focus of demand for the region Supply of red-meat from domestic cattle, shoats and camels falls short of demand, and is almost permanently augmented by a traditional livestock trade drawn in from neighbouring countries, especially Somalia, Tanzania, Sudan and Ethiopia in varying quantities according to demand, which maintains a supply/demand
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