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The business will be financed in three forms
1. Personal saving
2. Grants , Equity and Debt
3. Business Proceeds (profit)
· These finances are going to be combined using the following proportions
o Personal Saving - 51%
o Equity and debt - 49%
The Debts instrument will be paid prom the proceeds (profit) the business will be making. Oil Extraction is a Lucrative business and the industry is still growing in this region -Kasama
The way a business is structured determines how long the business will remain in existence. We are willing to go the extra mile to ensure that we hire competent professionals who understand the way our kind of business is run and how best to ensure that our kind of business becomes one that is a force to be reckoned with nationally and internationally.
The professionals we intend to hire will be one that also understand our ideology as a business and will remain committed to this ideology and ensure that it is well communicated to all stakeholders. We will also ensure that we have laid down processes that will allow for the environment to be conducive work-wise for our employees.
We will pay our employees well and provide them better welfare and incentive packages better than their counterparts in similar start-ups such as our across the country. We will also ensure that our employees undergo training so that they will have better skills that will not only see them enhanced in the industry but will also ensure better productivity for our business as well.
As much as we intend to generate as much revenue as we can, we will make sure that we retain at last 40% of our earnings back into our business. This is to ensure that we do not have to go externally to seek for funds all the time. Also, putting back our earnings into our business will allow us to be able to not only grow and sustain the business but also expand it as well. We have various investment strategies that will ensure that the business continues to make more money. Asides our external investments, we also intend to offer additional products and services that will ensure that our bottom line remains healthy