Photo House Service-1

..
bahir dar institute of technology(bit) faculity of

computing department of computer science
Business plan for TANA Photo House Service
3rd year computer science section A
Group Name ID
1.Yibralem Jejaw----------------------------------1010899
2.Haileyesus Aemiro-----------------------------1010675
3.Dawit Muche-------------------------------------1010689
4.Abrham Muna------------------------------------1010894
TANA PHOTO HOUSE
5.Hailemariam Israel------------------------------1010
Submitted To:-Mr. Abebaw.
1. Introduction
1.1.Name and adress of business
The name of the company shall be TANA photo

house service partnership.
 Legal form:- General partnership

 Address:- Bahir dar city(near to St.Goerge
church)
 Telephone NO:- 0927617647
 Types of the business:- Service provider
2 Entrepreneurship and Small Bisness Management Project

TANA PHOTO HOUSE
 The plan prepared 5/05/2012 E.C

 The plan prepared for the year 2012-2022 E.c
1.2.Name and address of the

principals
The name and address of the principals/partners

put as follows.
1. Dawit Muche
Address -----------------------------------------------Gondar
Qualification ----------------------------------------- Student
Function on the business -------------------------General Manager
Tell No-------------------------------------------0927596086
2. Yibralem Jejaw
Address ----------------------------------------------- Welkait
Qualification ----------------------------------------Student
Function on the business ----------------Assistance Manager&video man
Tell No----------------------------------------------------0902717257
3. Haileyesus Aemro
Address ----------------------------------------------- Burie
Qualification -----------------------------------------Student
Function on the business --------------------------photo editor&video editer
Tell No----------------------------------------------------0993447007
4,
Abrham Muna
TANA PHOTO HOUSE
Address -----------------------------------------------Debre worki

Qualification -----------------------------------------Student
Function on the business --------------------------Financing
Tell No---------------------------------------------------0927617647
5, Hailemariam Israel
Address -----------------------------------------------Markos
Qualification ----------------------------------------- Student
Function on the business --------------------------Cameraman
Tell No--------------------------------------------------0974509694
And some other employees are their.

1.3.Nature of the business
As the name implies that our business center will

have to be designed to provide different photo
graphic services for the society especially for
students. This photo shopping business will provide
high quality and decorative photo and video service
for the entire customers at the right time with
moderate price.
1.4.Statement of financial needed
Our business plan initial capital will be 800,000 that

will be covered by partners and borrowings, 600,000
TANA PHOTO HOUSE
capitals will be covered by partners.
The remaining 200,000 birr will be covered by

borrowing from commercial bank of Ethiopia.
This capital is required to fulfill the basic

components of our business center like, business
site (shop), desktop computers, laptops, camera,
camera light, furniture’s, software’s etc.
1.5.Statements of confidentiality of report
1.5.1.Mission of the photo house service
 TANA photo house have its own mission to satisfy

our customers needs. The beneficiary of photo
service prepare different photo for the society in
appropriate way.
 The other mission of this business center will be

to meet the needs of the customer according to
their own interest. And also give outstanding
contribution for digital world.

TANA PHOTO HOUSE
 The other mission of our business will be prepare

a photos at a given time.
1.5.2.Objectives of the business
The general objective of the business center is to

provide various types of photographic service for the
society. The photograph that the customers’ needs
will be for birthday, marriage, graduation, weeding,
celebrations (holidays), meeting and other
ceremonial activities are the essential points for the
customers. So in this time they will acquire fast and
qualified photo service. Moreover, the business also
aimed at to get income or profit as well as it will
create job opportunity.
 We takes documentation based on database to

store the over all information.
 We use cascading style sheets with high level of

programming for preparing special photos/videos
in a highest decoration.

TANA PHOTO HOUSE
 We also use java code for designing new form and

giving fast service for customer.
In addition to this the business will have appropriate

role to create qualified person in electronics
technology and digital studios.
1.5.3.Key to success
 The key situations for our
success will be:-
 The larger marketing for the photo service for
university students photograph (for example,
graduation ceremonies, GC birthday), school
photos and ceremonial Albums.
 The creating of smooth relation with our
customers in order to get permanent clients of
the photo graph service.
 Our customers will be students, local peoples
and civil servants etc.
 The other way of obtaining permanent clients

TANA PHOTO HOUSE
will be that give awareness for them about our

business and promote them to use in our
business center.
2. Executive summary
The photo house established as a partnership

business company. As it has been described before
the initial capitals will be obtained from commercial
bank of Ethiopia which can be paid in the future
250,000birr and 600,000 birr covered by partners.
The business shall provide quality photo service for
the customers; since a photo graph is essential
everywhere and every times peoples are forced to use
photo graph. It may be for school, university, and
other related issues photo is very essential
instrument.
Photo is also used to retain events that human

beings have done during their life time. In other
word peoples used photo as a memomerization
purpose. So this business center will designed to
TANA PHOTO HOUSE
provide all the above mentioned service according to

their request.
For instance, if an individual’s needs photograph

service we will try to give photograph service with in
a short time and high quality with different styles,
design, and decorations in order to satisfy the needs
of the users according to their choice, because giving
quality and timely services for the people enable us
to have large number to customers.
Our photograph service will give not only for

students but also it will give for different other
ordinary people. Their academic formalities are also
prepared with help of photo, because without photo
any academic certificate will not be prepared. When
the people want photo during festivals, weddings,
birth days most people enjoyed by photo graphs.
Because it reflects the entire activities during their
ceremonial occasions.
Our main target is to acquire large number of

TANA PHOTO HOUSE
clients. It helps us to improve our photographic

materials by changing the earlier one with the latest
photo and video devices. It also develops our
motivation to further more than ever before.
3. Industry analysis
3.1 Future outlook & trends
Since the photo house business is very interesting

and attractive by whichever the service will provides
to the customers it become preferable and able to get
recognition and priorities by the local community. It
may increase its standardized services dramatically.
It also enables us to establish another business
centers and we will be competitive. This means that
if our initial business (photo house) develop, it will
leads to us set up additional business center in
these kind for other works but different with photo
business in the site parallel with photograph for
instance if we get high profit we will establish, photo
copy machine, maintenance mobile center, internet
TANA PHOTO HOUSE
cafe and computer center. So we follow such types of

trends no doubt we will be profitable more than ever
before and we will create job opportunities for
individuals who are interested in such kinds of
business. Because man power will be needed to
facilitate (run) this business activities. And it helps
us to improve our living standard all the above
mentioned business are needed skilled man power
especially those who have knowledge in a computer
technology they will be able to beneficiary.
3.2 Analysis of competitors
Currently there are so many competitors in Bahir

Dar city.
 The competitors will have the capacity to

provide different photograph services and they
will use different ways to advertise their
business in order to increase the service giving
capacity, level of the photo house and the

TANA PHOTO HOUSE
number of clients. Therefore, the competitors in

the market are not welcome us when we inter in
to the market.
 There are Three more experienced competitors
in the market.The information of our competitors
put us follow.
Table 1 : Name of competitors

N Name of the Address
o competitors
1 Photo Yalew Bahir Dar
2 Alex Digital studio Bahir Dar
3 Dawit digital studio Bahir Dar
 The competitors are found around our business

center .
3.3 Market segmentation
3.3.1 Market segmentation based on
age
TANA PHOTO HOUSE
 The employees mostly from the age of 19-25

years old.
 This age groups helps them to do effectively
without tiredness and even enable to attract
customers.
 And this age region is very active for every
activity.

sex
 The employees are both males and females. The
number of males are 10 and the number of
females are 7.
income
All workers are self employees on their own business

center, therefore they earned according to the share
and the income is also distributed in the same
manner. It shows the amount of income that will be
TANA PHOTO HOUSE
earned.
3.4 Industry forecasting (prediction)
The Industry will be designed depend up on the

nature of customers and they needs photo
professionals so that the photo house in the future
expected to improve the following things:-
1.Quality of photo
2.Instruments (photo graphic materials)
3.Provide multiple options in photo style.
4.Consumption of time to produce quality photos
in the business
5.Different photo options
Therefore, the product in the future is expected to

produce quality and efficient products.
4. Description of venture

TANA PHOTO HOUSE
4.1 Products
Our product keeps its quality as the customer needs.We will produce a photos
or videos at the given time.
This Product focus on photos in different size and color,videos in high quality.
4.2 services
The primary services this photo house will gives to

its customers are described as follows:
Photo
 The following are major services provide by photo
house
 Large size photo
 Medium size photo
 Small size photos
 Color photos
 Wallet photos
 Passport size photos
 This business center will provide not only hard
copy photos but also soft /electronic copy ( for
facebook or instagram or for twiter and extra)
TANA PHOTO HOUSE
Video
 TANA photo house will provide video service for

client, for instance in the time of graduation,
weeding, birthday, small conferences, holidays,
celebrations as well as different annual and
special occasions.
4.3 .Size of the business
 The photo house will establish as a medium in
its size.
 However, the photo house will be expanded in its
size as much as possible.
 Because of the existence of many competitors in
Bahirdar city, in the near future the photo
House will be changed in size and ability. These
should be increase in the types of services that
will provide in the photo house and also it will
increase the number of employees in order to
retrieve the feasibility easily.

TANA PHOTO HOUSE
4.4 Office equipments and personnel

Atleast the following basic equipments are found on our
new venture,the following are list of equipments that we
use in our photo house service.
Desktop computers, laptops,
software’s,documentation based on database to store
the overall information,signal,etc.
There are 17 employees in our medium sized
company,there duty is general manager,Assistance
manager,camera man,video man,photo editor,video
editor and financing.
Personnel data for employees ,our venture needs
employees that fulfill the following criteria.
 he/she should have good awareness for customers.
 he/she should have the ability to manage services
properly and honestly.
 he/she should free from any accuse and crime
4.5 Background of Entreprenuers

 We can maintain our equipments when
emergency occures.

TANA PHOTO HOUSE
 We have high mathematical skill to

programmed.
 We can generate problem solving codes.
 We have ability to communicate each other how
we start business and which type of bussiness is
more suitable for us.
5.1 Manufacturing Process

 Process the service offered for customer or process how customers are managed.
customer
Customer came
customer tell
to our working
what type of customer take
place
photos /videos receipt from
they need cashier
Customer arrives Employees do as

on date take their the customer needs
photos/videos by using cascading
,give suggestion style sheets.
for employee
5.2 Physical plant

Our work place found in around st.Gorge
church.
TANA PHOTO HOUSE
5.3 Machinary and Equipments

As we mention above machinary and equipments
are Desktop computers, laptops, camera,
software’s,documentation based on database to store
the overall information,signal,etc.
5.4 Names of Suppliers of Raw

Materials
 We have not supplier from other center . All
oprations and systems doing by our selves.
6.Marketing Plan
6.1 Pricing
The price of each service should be tentative
and may vary from time to time. Because of the
price, is mainly determined by the number of
customers, and amount of income. For most
small and new businesses, having the lowest
price is not a good policy therefore we want to

TANA PHOTO HOUSE
compete equal price with other competitor. But

in case, if there is high income the business
will discount the price of photo graphs.
6.2 Distribution
Our industry uses different strategies to distribute
goods .
Our business center will employ a marketing strategy that seeks
to develop awareness regarding high level of trust, and
reasonable rates among a community of people. This will be
accomplished by placing advertisements in organizational
newsletters such as the religious organizations, and other social
and sport associations.
6.3 Production
Our Product focus on photos in different size and color,and videos in high
quality.Due to those qualitative photos and videos our product becames
successfull.
6.4 Product Forcasts

As we describe on service producting,the product in the future is expected to
produce quality and efficient products.
It leads we becames a success and we expand our medium size business center
TANA PHOTO HOUSE
to large size.
7. Organizational Plan
7.1 Form of ownership
 Tana house of photo shop will be established as a private business. We
have a dream to achieve our target by working hard.
 These agreement are try to carry out different difficulties facing in reduction
of the service that will be provided by Tana photo house in a peacefully
way. That means discussing clearly, about the business plans, about how
to work effectively and how to satisfy our customer in order to increase the
demand of the customers, to become more successfully.
 The general form of ownership put as follow.
General Manager
Vice (Assistance) of manager
Employee(partners)
Customer
7.2 Identification of Partners or principal

shareholders
TANA PHOTO HOUSE
 There are many partnership identification criteria how we interested to do this

business.
- Background relation, in which we have before this business plan is developed.
- By our response to risk assessment.
- their is an approach in which we are managed by the same venture.
- We have similar interest to run the venture.
7.3 Authority of principals

 We will have the right to open and close the Tana photo house at any
time.
 We will respecting each other.
 Then by discussing us together without the intervention of the other we
will have a right (authority) to:
a. Increase the number of employees.
b. Increase the size of the Tana photo house
c. Change the working place of the Tana photo house station.
d. Open different branch
7.4 Management-team Background

As we disscuss in our background
 We can maintain our equipments when
emergency occures.
 We have ability to communicate each other how
we start business and which type of bussiness is
more suitable for us.
 We have high mathematical skill to

TANA PHOTO HOUSE
programmed.
 We can generate problem solving codes.
7.5 Roles And Responsibilities Of

Members Of Organization
General Manager: - He has a power or responsibility to control the overall
activities.He also formulate the market plan of the photo house by discussing.
Some other duties of the manager are
• Respect other member’s right.

• Coordinate activities of the employee.
• Arrive on time.
• Keep business organizations secrets.
• Check the organization goals that can be meeting or not with the
partners.
Assistance Manager
 when the general manager becames busy , assistance manager act as
general manager.
Employees: - Be accomplish their activities by ethical manner
 They are responsible for the general manager

 Respect the customers and will give effective service to the community
as a whole.
 Arrive on time
 Perform efficiently and effectively

TANA PHOTO HOUSE
8. Assessement of risk
8.1 Evaluate Weakness Of Tana
Photo House
 Some of the photo house weakness or limitations will be put as follow:-
-Shortage of materials /facilities
-Wants to great expenditure
-Shortage of electricity power.
-When another business (companies) will reduce the price of photos, in
this case the customer shifts to that company. The demand our photo
house becomes low so this results losses.
8.2 New Technologies

We use new technology based photo service like:
 We use cascading style sheets with high level of programming for preparing
special photos/videos in a highest decoration.
 We also use java code for designing new form and giving fast service for
customer.
8.2 Contingency Plans

TANA PHOTO HOUSE
We prepare this type of plan if
 our computitors start to prepare good photos/videos
 Materials for preparing photos/videos permanently damaged
 there are intruders/thifes that is out of control in our power
9. Financial Plan
9.1 Pro forma income statement
 Income statement means a summary of the revenue earned and the
expenses incurred of doing the business.
 And it will show the difference between income from service provided or
goods sold and the amount of spent to operate the business.
 From this point of view will be presented the income statement shall for
the following.
Table 2 : Forecast income statement
Tana Photo House Service

Forecast Income Statement
For First year
Revenue
Service revenue 800,000
Expense
Rent expense 120,000
Utilities expense 30,000
Advertising expense 5,000
Interest expense 50,000
Other expense 40,000
Total expense 245,000
Net income before tax 555,000
Less tax 262,000
TANA PHOTO HOUSE
Net income after tax 25,000

Government loan payment 250,000
Net income 525,000
Explanation: Tana photo house services giving company forecast income

statement in above table and speculate to get 800,000 birr from service
revenue and incur expenses with the above listed amount of money.
 Expenses: Rent expense (for using the place which is an operating

activities are takes place or simply for renting purpose from the owner of
the operating house),
 Utility expense (for using different service provided by the government
like electric city, water and so on),
 Advertising or promotion expense,
 Interest expense (interest that is imposed on money borrowed from
commercial bank of Ethiopia which is 200,000 * 25% = 50,000 birr).
 Other expense In this case other expense means for instance like
transport expense, training cost.
 Net income before tax is revenue minus total expense which is 800,000 –
245,000 = 555,000birr.
 Tax: according to new Ethiopian business income tax Proclamation No.
979/2016 mention Business Company get revenue above 130,800
Ethiopian birr pay tax by 35 % with deduction of 18,000. Therefore
800,000 * 35% - 18,000 = 262,000
 The government loan payment is the amount of borrowing from
commercial bank of Ethiopia is loan plus interest which is 250,000 and
at last Tana service providing company will get 525,000 birr of net
income.

TANA PHOTO HOUSE
9.2 Cash Flow Projection

 The statement of cash flows provides information on the cash receipts
and payments for a specific period of time. The statement of cash flows
reports
1. The cash effects of a company’s operations during a period,

2. Its investing transactions,
3. Its financing transactions,
4. The net increase or decrease in cash during the period, and
5. The cash amount at the end of the period.
Table 4 : Forecast statement of cash flows

Forecast Statement Of Cash Flows
For First year
Cash flows from operating activities
Cash receipts from revenue 517,350
Cash payments for expenses 141,000
Net cash provided by operating activities 376,350
Cash flows from investing activities
Purchase of equipment 535,000
Cash flows from financing activities
Investment by owners 550,000
Drawing by owners 550,000
Net increase in cash 391,350
Cash at the beginning of the period 0
Cash at the end of the period 391,350
9.3 Pro forma Balance

TANA PHOTO HOUSE
 Balance sheet show the firm’s financial position reports on a given

data .
 It shows (tells) about the three critical term
1. The amount and types of property the business owns
2. The amount owed to creditors.
3. The owners propensity (interests)
Table 3 : Forecast balance sheet

Forecast Balance sheet
For First year
Asset
Cash 391,350
Supplies 50,000
Equipment 535,000
Total asset 976,350
Liabilities and owners equity
Liability
Account payable 50,000
Owners equity
Owners capital 926,350
Total capital and owners equity 976,350
Explanation: The cash amount of this balance sheet is obtained from

statement of cash flows which means cash of balance sheet statement is equal
to cash at the end of the period in statement of cash flows.
Supplies: which indicate purchase of supplies on credit. Maraki photo house

service will purchases for 50,000 birr from different supply company computer
paper or photo paper, color and other supplies expected to last for year. This
transaction is a purchase on account (a credit purchase). Assets increase

TANA PHOTO HOUSE
because of the expected future benefits of using the paper and supplies, and
liabilities increase by the amount 50,000.
Equipment: which indicate purchase of equipment for cash. Maraki photo

house will purchases photo house equipment for 535,000 cash. Which is Photo
printer machine 405,000 birr, camera (7D) 60,000, camera light 10,000,
computers 40,000 and office equipments 20,000 .This transaction results in an
equal increase and decrease in total assets, though the composition of assets
changes. Cash decreases 535,000 birr, and the asset Equipment increases
535,000 birr.
Owners capital is the sum of net income (which is listed on the above income
statement), beginning owners equity, additional investment and deducting
drawing. OC = BOC + NI + AI – D = 550,000 + 376,000 -0 = 926,350. At last
total capital and owners equity is equated with total asset.
9.4 Break-even Analysis
The break-even analysis shows that Our business center has a good balance of
fixing costs and sufficient income strength to remain healthy. Our break-even
point is only 5000 customers a month. This is for preparing qualitativelly and
quiqlly
Break-even analysis
Monthly Revenue Break-even 2000
Average Percent Variable Cost 30%
Estimated Monthly Fixed Cost 1034

TANA PHOTO HOUSE
9.5 Source and Application of Funds

- Running a medium sized venture alone or in partnership is difficult in some situation.
- funds or liabilities have different applications ,such as:
 Running the venture without extreme influence.
 to achieve consistency flow of services for customers.
 to add extra services which more satisfice our customer .
10. Appendex
 As mentioned earlier Tana photo house service uses different equipment
in operating activities. Some of them are as follow:
 Camera (canon EOS 7D camera)
 Light (LED video and camera light

TANA PHOTO HOUSE
 Personal computers

TANA PHOTO HOUSE
 Photo printer machine
 Adobe photo shop format (software)

TANA PHOTO HOUSE

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bahir dar institute of technology(bit) faculity of

Business plan for TANA Photo House Service

3rd year computer science section A

Submitted To:-Mr. Abebaw.

1.1.Name and adress of business

The name of the company shall be TANA photo

 Legal form:- General partnership

2 Entrepreneurship and Small Bisness Management Project

 The plan prepared 5/05/2012 E.C

1.2.Name and address of the

The name and address of the principals/partners

Address -----------------------------------------------Debre worki

And some other employees are their.

As the name implies that our business center will

1.4.Statement of financial needed

Our business plan initial capital will be 800,000 that

capitals will be covered by partners.

The remaining 200,000 birr will be covered by

This capital is required to fulfill the basic

1.5.Statements of confidentiality of report

1.5.1.Mission of the photo house service

 TANA photo house have its own mission to satisfy

 The other mission of this business center will be

5 Entrepreneurship and Small Bisness Management Project

 The other mission of our business will be prepare

1.5.2.Objectives of the business

The general objective of the business center is to

 We takes documentation based on database to

 We use cascading style sheets with high level of

6 Entrepreneurship and Small Bisness Management Project

 We also use java code for designing new form and

In addition to this the business will have appropriate

7 Entrepreneurship and Small Bisness Management Project

will be that give awareness for them about our

The photo house established as a partnership

Photo is also used to retain events that human

provide all the above mentioned service according to

For instance, if an individual’s needs photograph

Our photograph service will give not only for

Our main target is to acquire large number of

clients. It helps us to improve our photographic

Since the photo house business is very interesting

cafe and computer center. So we follow such types of

3.2 Analysis of competitors

Currently there are so many competitors in Bahir

 The competitors will have the capacity to

11 Entrepreneurship and Small Bisness Management Project

number of clients. Therefore, the competitors in

Table 1 : Name of competitors

2 Alex Digital studio Bahir Dar

3 Dawit digital studio Bahir Dar

 The competitors are found around our business

 The employees mostly from the age of 19-25

3.3.2 Market segmentation based on

All workers are self employees on their own business

3.4 Industry forecasting (prediction)

The Industry will be designed depend up on the

Therefore, the product in the future is expected to

14 Entrepreneurship and Small Bisness Management Project

The primary services this photo house will gives to

 TANA photo house will provide video service for

16 Entrepreneurship and Small Bisness Management Project