#club100 Creative writing contest-Edition #01 ||what Business Route Will You Take With A 500steem Capital

Greetings to all in the house hope we are all doing fine. I am happy to be taking part in this contest today in the @SteemCameroon Community organized by @wase1234 and @b-naj giving Cameroonians and people all over the world the opportunity to lay down their business ideas/project proposals and not forgetting giving everyone the opportunity to be able to learn some business ideas from others.

INTRODUCTION

In the world today,we notice that business is the driving force in an economy being it on a large or small scale,it all contributes to the development of an economy in one way or the other.
The same can be seen in the Cameroon economy especially for the young generation.
Where young people engaged into businesses to be able to provide for their immediate needs,needs of their families and others.
If our country promotes the growth of young people's businesses in Cameroon.

What's business all about?

A business refers to an organisation or enterprising entity engaged in commercial, industrial or professional activities.
Businesses range in scale from the sole proprietorship to international corporations and can range in size from small to large.

Definition from the dictionary.

On that I will be sharing with this Community what Business routes I will take if I'm giving 500 Steem.

The equivalence of 500 steem in frs CFA

To know the equivalence of Steem in France, we need to first of all know the equivalence of Steem in dollars which is ~$0.35. Now,we take $0.35*575frs CFA (575 FCFA being the current exchange rate of Dollars to FCFA) to know the equivalence of 1 Steem in FCFA ,this will give us 201.25 FCFA. Now multiplying this by 500steem will give 201.25*500 giving us 100,625 FCFA. That is the equivalence of Steem in FCFA.

If I am Given 500 Steem capital, what business route will i take

Businesses that I know you can start with 100625frs CFA includes the following;

• Catring services
• Forex trading
• Food crop production
• Poultry
• Food delivery
• Restaurant
• Costmecti shop
  But,the business I have in mind is the food delivery services where I will be cooking some short meals and delivering it to clients in the comfort of their homes.

How I hope to create my choice,how much profit/interest I can realize within the next 6months

In the home delivery business the food will be made by me, packed in takeaways,put in delivery bags and delivered to customers in the comfort of their homes base on the orders they give.
My menu will include;

• Garri/fufu and Eru
• Kwacco and candan sauce.
  I will be giving you all a brief details on how this can be realised not forgetting the prices of each Ingredients.

To realise this,I'll need the following;

SN	ITEM	QUANTITY	COST PER ITEM(FCFA)/(Steem)
01	Filled gas bottle	01	25,000 (124.33)
02	Gas plate and gas tube	01	17,000 (84.50)
03	Pots	02	10000 (49.70)
04	Takeaway dishes	100	10000 (49.70)
05	Flyers and Internet	100	5000 (24.80)
06	Transportation	2	1500 (7.50)
Sum Total	Amount(FCFA)/(Steem)
Price	70,000 (340.53)

The table above gives a detailed outline of the cost of purchasing all the requirements for realizing the business.
Where the flyers and internet money will be used for advert for a week while the flyer will carry the following informations ; The menu,Their prizes which is going to be 1500(7.5steem) FCFA as the promotion prices for the beginning of the business which will run from a period of 1-2weeks and will go back to a normal price of 2000FCFA(10.0steem) a plate.

The rest of the money will be use to purchase Ingredients and cost for the meals.

SN	ITEM	QUANTITY(Kg)	COST PER ITEM(FCFA)/(Steem)
01	Palm oil	02(1.5)	2000(9.93)
02	Waterleaf	6bundles	1000(4.96)
03	Smoked fish	10	2000(10)
04	Canda	02	3000(15)
05	Meat	2kg	2000(9.93)
06	Maggi	1 packet	900(4.5)
07	Salt	1 sachette	250(1.24)
08	Pepper	20	300(1.49)
09	Eru	1 bundle	2000(10)
10	Cray fish	2 sachette	1000(5)
11	Cocoyam	half bucket	5000(25)
12	Garri	1/4	2500(12.42)
13	Gallic	5	100(0.49)
14	Plantain leaves	20	1500(7.5)
15	groundnunt oil	01	1700(8.44)
16	Tomatoes	15	2000(10)
17	Onion	10	300(1.49)
18	green spices	1bundle	100(0.49)
19	Fufu	2 bundle	1000(5)
Sum Total	Amount(FCFA)/(Steem)
Price	28,650(142.36).

The food will be sold every weekend,that's Saturday, Sunday and Monday (ghost town).

Interest
Given that,each day I sell to a minimum of 20 persons, at the normal price of 2000FCFA a plate this will give me 40,000. Deducting the money for ingredients which is 28,650FCFA will leave me with 11,350FCFA which will be my gain for the day.
Taking this amount multiplying by 3 days in a week, 11,350 FCFA*3it will give me 34,050FCFA and multiplying by 4 weeks in a month 34,050FCFA*4will give me 136,200FCFA. That will be my profit for a month and taking this amount by 6 months time 136,200FCFA*6 will give me 817,200FCFA.
This will be my gain after a six months duration,showing that the food industry yeilds more results than any other business.

Advantages and Personal Reasons for Choosing This Business Over the Others

• The business has a quick turn over.
• A ready market.
• A convenient selling time since many students stay home during weekends.
• It has a very high demand.

My personal reasons for choosing this is that I Love cooking,I love sharing my market,I want to raise income to further my studies.

Other Alternatives if my capital was doubled

If my capital was doubled I would expand into owing a small restaurant for a start. I will do this because of the following reasons;
Save stress of moving around
Exposure for client location.
Adding the menu. That's adding another food.
Getting partnership to provide other services like drinks,and sale of other things.

Thanks for reading,this is my business plan for a capital of 500steem

@graciella
@ngamd