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dii_cwinyi_dealer [2018/07/29 08:10] (current)
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 +{{::​emmanuel.jpg?​nolink&​720}}\\ \\ \\  Ocan Emmanuel is a 26 year old man. He says he came into business because he dropped out of school and did not have anything else to do. He had gone up to senior six. He did nor choose this particular business but got into it because he had a brother who sold school uniforms. As he helped him in his business, he got the skills necessary to begin his own. He started by making school bags made of cloth. Later, he progressed to shorts and shirts for school children. At the same time he also learn to sew using the sewing machine. Right now he sells materials for making school uniforms, uniforms for lodge attendants, pump attendants and others. Emmanuel says he has been in this business for five years.\\ \\  Emmanuel is a sole businessman. He prefers this form of business because looses due to theft by a partner is not there. He does not share his profits with anyone. It was from his earlier savings that he got into this. He also says his brother mentored him in business.\\ \\  The social environment of this business is both favourable and unfavourable. The needs of the institutions that require his services and goods keep changing. School children themselves are difficult to deal with when they come singly to make their uniforms.It is sometimes favourable in that the goods he deals in have no objection from the society. The economic environment is also like the social environment. The demand for Emmanuel'​s good are on high demand but is seasonal. The market base is wide taking into account the population of Gulu town.\\ \\  Emmanuel has competitors. There are many of them in fact. Competition is often acute taking into account that most of them have bigger capital for investment. Most of them have long been in business. But he says he is still able to manage going because of his good customer care, politness to customers and ability to give fair discounts to his customers. Emmanuel is confident that his business has a chance of expanding given that his capital improves.\\ \\  Emmanuel has not yet used technology in the form of a computer or the internet. He uses his phone for communication. He says he did not choose his present location. It was allocated by Gulu Municipal Council without asking anyone'​s opinion. He said if he were to choose he would prefer another location. This location, he says, is not favourable because of the frequent power shut outs. Emmanuel told me he does not seek business advice from anybody. This because he has not felt like doing so.\\ \\  Ocan Emmanuel says he has a balanced sheet. He keeps proper records of all hi transactions. He has a Business Plan well laid out with a stated Mission Statement. ie To be able to supply school uniforms to all the schools in Gulu Municipality and Gulu District. Emmanuel'​s customers are mainly school pupils, students, bar and lodge owners. Emmanuel uses his profits to add more stock. He also uses some for paying rent and local taxes. At the moment he does not have any employees. \\ \\  Emma has no ethical issues to deal with in this business. He has challenges that he must deal with. These include:​\\ ​
  
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 +  * a great deal of competition
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 +  * limited capital hence little stock at hand most of the time.
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 +  * No steady flow of customers hence too much fluctuation in sales.
 +Emmanuel is battling these challenges by:\\ 
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 +  * preparing to get a loan from either a bank or a financial institution.
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 +  * He very selective in buying stock such that he looks for those which will sell more easily
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 +  * he is careful in timing the seasons when clothes sell
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 +  * making sure that at opening of the school year he has a enough stock.
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 +  * Treating his customer'​s with all the care that and making sure he does not lose them.
 +Emmanuel says if he gets the loan, he will ensure that he works hard following all he learnt from BOSCO Uganda in order that his business succeeds.\\ \\ \\ {{::​emmanuel_2.jpg?​nolink&​720}}
dii_cwinyi_dealer.txt ยท Last modified: 2018/07/29 08:10 (external edit)