Bossforeva: if building a house will hinder U 4rm getting the loan, then tell them u'll rent a house and modify for nw.

I'm really not bothered about the house because it is a simple structure that will take a month to build or less. I'm good with even 100k for my first tranche by my second tranche, my business will be fully operational. The implementation schedule is clearly stated in my plan.

blink182: I'm really not bothered about the house because it is a simple structure that will take a month to build or less. I'm good with even 100k for my first tranche by my second tranche, my business will be fully operational. The implementation schedule is clearly stated in my plan.

have u started ds biz or u want to start?

blink182: one stop auto care shop not a mechanic workshop. No major repairs just daily activities that ensure your car is safe to drive and appealing to the eyes.

Wheel balancing and alignment

Automated car wash

Engine steam wash

Gearbox and engine oil change

Tyre care and some others I can't remember now but basically as I said earlier, its a one stop car care shop.

Automated car wash costs way over 10million, unless urs is different.

omode2: have u started ds biz or u want to start?

It is a new business but I have interacted with each business involved a lot. I can even perform all the task aside alignment, that is the one I really haven't learnt.

Promhize:

Automated car wash costs way over 10million, unless urs is different.

Mine is different, space saving, economical electricity consumption but it washes, waxes and dries the car.

blink182: It is a new business but I have interacted with each business involved a lot. I can even perform all the task aside alignment, that is the one I really haven't learnt.


Mine is different, space saving, economical electricity consumption but it washes, waxes and dries the car.

Then you'd have to specify the method in ur plan, cos if they do a research on the internet themselves, the price they would see, they might not even look at the plan again.

Promhize:

Then you'd have to specify the method in ur plan, cos if they do a research on the internet themselves, the price they would see, they might not even look at the plan again.

all that has been taken care of.

blink182: I'm really not bothered about the house because it is a simple structure that will take a month to build or less. I'm good with even 100k for my first tranche by my second tranche, my business will be fully operational. The implementation schedule is clearly stated in my plan.

what do you mean by tranches, are they gonna pay the money in tranches or Sth?

Bossforeva: what do you mean by tranches, are they gonna pay the money in tranches or Sth?

yes, 3 tranches.

When do one need the National ID card, Drivers license exactly, isn't it after you've won?

Please does anyone in the house know if the same questions were used in d first phase and second phase
Of the competition.?

octofest: Please does anyone in the house know if the same questions were used in d first phase and second phase
Of the competition.?

No. Stage one questions "na" play compared to stage two questions.

mneksummi:

No. Stage one questions "na" play compared to stage two questions.

Boss, when do one need the ID card

YOUWIN QUESTIONS

1. Describe your business
•
2. What benefits of the product or service enables your business to stand out from your competitors?
•
3. Does this meet a particular need or demand (your competitive advantages, if any)?
•
4. Name five of your existing or expected top customers.
•

5. How will you attract these customers to your point of sale?
•

6. How many new, full-time (or equivalent) staff will be employed in the business 12 months from receiving the first stage award?
•

7. Describe the benefit you and your proposed staff will bring to the business, including: expertise, track record in the industry and management experience.
•

8. Name your three largest existing/expected competitors.
•

9. Describe the materials you will need to create your product or service.
•

10. Are these materials readily available, at the right price and quantity, in your locality? If yes, please describe any relevant information.

•

11. Is there an existing or expected lead time for manufacture, set-up, harvest or breeding? If yes, give estimated lead times for each product.

•

12. What risks or challenges might affect the success of your business, including: licences and accreditation (what can stop you from making this business a success)?
•

13. How will you reduce or mitigate these risks?
•

14. What are your current and expected sales within the next 12 months (units and income)? If there is any seasonality, please explain. [maximum of 50 words is expected]
-
•

15. What amount of sales, in Naira, must you achieve to reach profitability? [Amount in Naira. Enter numbers only: If none, enter 0]
-
•

16. When do you expect to achieve this (how many months after receiving your first grant award)?
•

17. How much money (Naira) do you want from YouWIN? [Amount in Naira. Enter numbers only: If none, enter 0]
-
•

18. What is the minimum equipment cost that is necessary to commence trading or expand your business?
•

19. Describe this equipment. [Maximum of 30 words].
•

20. How much money have you already spent on capital equipments? [Amount in Naira. Enter numbers only: If none, enter 0]

•

21. How much money do you require or expect to need from other sources (i.e: investors, bank loans, etc)? [Amount in Naira. Enter numbers only: If none, enter 0]
-
•

22. State the progress of any loan application. [Maximum of 20 words] -
•

23. Describe any existing finance loans related to the business. [Maximum of 20 words]

•

24. How much money will you or your family and friends contribute to the business in the next 12 months? [Amount in Naira. Enter numbers only: If none, enter 0]
 -
•

25. How much money do you plan to take out of the business personally (average amount per month? [Amount in Naira. Enter numbers only: If none, enter 0]

omoola007: YOUWIN QUESTIONS

1. Describe your business
•
2. What benefits of the product or service enables your business to stand out from your competitors?
•
3. Does this meet a particular need or demand (your competitive advantages, if any)?
•
4. Name five of your existing or expected top customers.
•

5. How will you attract these customers to your point of sale?
•

6. How many new, full-time (or equivalent) staff will be employed in the business 12 months from receiving the first stage award?
•

7. Describe the benefit you and your proposed staff will bring to the business, including: expertise, track record in the industry and management experience.
•

8. Name your three largest existing/expected competitors.
•

9. Describe the materials you will need to create your product or service.
•

10. Are these materials readily available, at the right price and quantity, in your locality? If yes, please describe any relevant information.

•

11. Is there an existing or expected lead time for manufacture, set-up, harvest or breeding? If yes, give estimated lead times for each product.

•

12. What risks or challenges might affect the success of your business, including: licences and accreditation (what can stop you from making this business a success)?
•

13. How will you reduce or mitigate these risks?
•

14. What are your current and expected sales within the next 12 months (units and income)? If there is any seasonality, please explain. [maximum of 50 words is expected]
-
•

15. What amount of sales, in Naira, must you achieve to reach profitability? [Amount in Naira. Enter numbers only: If none, enter 0]
-
•

16. When do you expect to achieve this (how many months after receiving your first grant award)?
•

17. How much money (Naira) do you want from YouWIN? [Amount in Naira. Enter numbers only: If none, enter 0]
-
•

18. What is the minimum equipment cost that is necessary to commence trading or expand your business?
•

19. Describe this equipment. [Maximum of 30 words].
•

20. How much money have you already spent on capital equipments? [Amount in Naira. Enter numbers only: If none, enter 0]

•

21. How much money do you require or expect to need from other sources (i.e: investors, bank loans, etc)? [Amount in Naira. Enter numbers only: If none, enter 0]
-
•

22. State the progress of any loan application. [Maximum of 20 words] -
•

23. Describe any existing finance loans related to the business. [Maximum of 20 words]

•

24. How much money will you or your family and friends contribute to the business in the next 12 months? [Amount in Naira. Enter numbers only: If none, enter 0]
 -
•

25. How much money do you plan to take out of the business personally (average amount per month? [Amount in Naira. Enter numbers only: If none, enter 0]

By first grant award, are they referring to the first tranche payment?

.

blink182: yes, 3 tranches.

plz bro, xplain hw the tranch payment is gonna look like, like how much per tranch or sth. Hw will it go?

Bossforeva: plz bro, xplain hw the tranch payment is gonna look like, like how much per tranch or sth. Hw will it go?

first tranche is 10%, that's the much I know. I think you are busying with the wrong thing. Be a winner first before these other issues.

utimatedes:

You are not going to be given everything at once. You would get 10% first. You are not expected to even open office with your first tranche, maybe you can use it to get license, fee and other expenses until when your 2nd tranche comes. You you are the one that would chose the interval or how the money should be disbursed, you can decide to ask for 7m in the 2nd tranche.

Don't give false info. It is the YouWIN committee that determines what percentage you are given as first tranche and what percentage is given in other tranches. The candidate does not determine this.

stagger:

Don't give false info. It is the YouWIN committee that determines what percentage you are given as first tranche and what percentage is given in other tranches. The candidate does not determine this.

That guy knows what he's talking about, this I can assure you of.

stagger:

Don't give false info. It is the YouWIN committee that determines what percentage you are given as first tranche and what percentage is given in other tranches. The candidate does not determine this.

Are you one of the awardees or have you written 2nd round plan in the last edition. In the cashflow template youwin said categorically that the first tranche is just 10% and is fix, and you should enter the 2nd and 3rd tranches in the month you want to receive. Therefore, you are the one that would tell youwin how much should be paid in 2nd and in 3rd and the month you want to be paid.

Your cashflow determines how much you would win. If you can't justify what you requested, you can't never get up to that amount. Therefore, it is very important you get your cashflow right. If you asked for 10m and in your cashflow it is obvious you need 5m can the marker knows that is what is obtainable in the sector, you will be given 5m. They can help you upgrade if you worth more.

I wrote many plans that won last year and I know what I am talking about. Is obvious you never involved in d 2nd edition or you have forgotten.

utimatedes:

Are you one of the awardees or have you written 2nd round plan in the last edition. In the cashflow template youwin said categorically that the first tranche is just 10% and is fix, and you should enter the 2nd and 3rd tranches in the month you want to receive. Therefore, you are the one that would tell youwin how much should be paid in 2nd and in 3rd and the month you want to be paid.

Your cashflow determines how much you would win. If you can't justify what you requested, you can't never get up to that amount. Therefore, it is very important you get your cashflow right. If you asked for 10m and in your cashflow it is obvious you need 5m can the marker knows that is what is obtainable in the sector, you will be given 5m. They can help you upgrade if you worth more.

I wrote many plans that won last year and I know what I am talking about. Is obvious you never involved in d 2nd edition or you have forgotten.

stagger has always been ignorant in his comments. If you knew him from business section, you won't even bother to reply him.

That aside, I got uneasy with my plan and decided to dump it. Would have been requesting for 9.8 million that would have been barely enough to execute my plan. Also, my materials are not readily available as I have to import tons of equipment from china and other parts of the world. Recruiting experienced auto mechanics was another issue that always bothered me. Too many obstacles in the plan but that is not to say it is useless. Now I'm with a plan requesting for 2.8 million, an amazing turn over and I can even start my business with the first tranche payment.

Just finished writing and solving all the bep and pr maths, looks really good on paper. I leave the rest for God.

While tranche disbursement is a function of your cash flow, successful youwin awardees DO NOT determine how much will be given as tranches. Also anticipate changes..in the first edition, our money was paid in 4 tranches with huge turnover targets determining payments of tranche 3 and tranche 4. However, in the 2nd edition for women, money is to be paid in 3 tranches and very low turnover Target before they can get the 3rd Tranche

blink182: stagger has always been ignorant in his comments. If you knew him from business section, you won't even bother to reply him.

That aside, I got uneasy with my plan and decided to dump it. Would have been requesting for 9.8 million that would have been barely enough to execute my plan. Also, my materials are not readily available as I have to import tons of equipment from china and other parts of the world. Recruiting experienced auto mechanics was another issue that always bothered me. Too many obstacles in the plan but that is not to say it is useless. Now I'm with a plan requesting for 2.8 million, an amazing turn over and I can even start my business with the first tranche payment.

Just finished writing and solving all the bep and pr maths, looks really good on paper. I leave the rest for God.

If you think I just come here to make noise, you are an idiot! My sister won more than N9m and two of my relations were awardees as well. You think I just do empty talk? I have no time for animals like you.

Awardees DO NOT determine how much they are given in tranches, and the first trench my sister got was 20%. I know because she showed me the contract, complete with the financial and employment milestones she needs to complete.

stagger:

If you think I just come here to make noise, you are an idiot! My sister won more than N9m and two of my relations were awardees as well. You think I just do empty talk? I have no time for animals like you.

Awardees DO NOT determine how much they are given in tranches, and the first trench my sister got was 20%. I know because she showed me the contract, complete with the financial and employment milestones she needs to complete.

shut it and move on. A good plan is a good plan, it doesn't matter if the writer is looking for 1m or 10m.

blink182: shut it and move on. A good plan is a good plan, it doesn't matter if the writer is looking for 1m or 10m.

Next time you be careful how you address people. I was merely correcting a wrong impression and you jumped in with a reckless statement when you were not the subject of the correction.

Drinking panadol on another person's headache.

Promhize:

Boss, when do one need the ID card

Get your ID card ready before you're shortlisted for the second round. You'll need it to attend the training YouWIN! is going to give successful participants.

stagger:

Next time you be careful how you address people. I was merely correcting a wrong impression and you jumped in with a reckless statement when you were not the subject of the correction.

Drinking panadol on another person's headache.

oya order your boys to shoot me general stagger because that's what you are good at.

mneksummi:

Get your ID card ready before you're shortlisted for the second round. You'll need it to attend the training YouWIN! is going to give successful participants.

Good day house,
Please which ID card does a 19 year old need

fflamingo:

Good day house,
Please which ID card does a 19 year old need

Please all, forget this id card issue for now. We should concentrate on winning first, if eventually you win and are invited for training, sourcing 20k to get your international passport shouldn't be a problem.

blink182: Please all, forget this id card issue for now. We should concentrate on winning first, if eventually you win and are invited for training, sourcing 20k to get your international passport shouldn't be a problem.

First thing first na Let's work on winning first. You be Nigerian and getting means of identification won't be a problem jooor.

utimatedes:

Are you one of the awardees or have you written 2nd round plan in the last edition. In the cashflow template youwin said categorically that the first tranche is just 10% and is fix, and you should enter the 2nd and 3rd tranches in the month you want to receive. Therefore, you are the one that would tell youwin how much should be paid in 2nd and in 3rd and the month you want to be paid.

Your cashflow determines how much you would win. If you can't justify what you requested, you can't never get up to that amount. Therefore, it is very important you get your cashflow right. If you asked for 10m and in your cashflow it is obvious you need 5m can the marker knows that is what is obtainable in the sector, you will be given 5m. They can help you upgrade if you worth more.

I wrote many plans that won last year and I know what I am talking about. Is obvious you never involved in d 2nd edition or you have forgotten.

Good morning pls I would need your help to help me review by Biz plan.Please!

blink182: oya order your boys to shoot me general stagger because that's what you are good at.

Answering you is a waste of my time. I rest my case and you can have the last word if you like.