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An Idea of Blood Donation Application Start-Up

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Operation and Management

Operation will start with our team size of 3 engineers (Tchuenkam Ulrich, Nkweauseh Reginald Longfor and Fotso Fono Kevin Larry). The above team members are graduates from the Faculty of Engineering and Technology and College of Technology respectively from the University of Buea. Our team of operators will comprise of 1 project manager, 7 developers, 2 marketers, 1 accountant and 1 financial manager. We look forward to hiring these persons whenever we have amassed enough funds for the project. Our engineers are passionate about providing software solutions in the health sector.

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Financial Summary

The nature of our product gives us the dexterity to use just a little amount of money as startup. The expenses made after obtaining an SMS short code would be determined by the number of messages and the rates we charge our customers. For expenses and capitalization, a total amount of 8,643,000 XAF will be needed for a start. In the first twelve months, we do not expect to make any significant gains as we aim at using that period to make a brand name and a complete market survey. However, in the next four years we hope to achieve an annual profit of 9,250,000 from providing SMS services to at least 100,000 blood seekers and at least 10 blood bank owners. We equally aim at extending the service to neighboring countries. We will be expecting a daily cash inflow from the blood seekers (SMS users) and a monthly inflow of cash from the blood bank owners and researchers. NB: Please I think it is better to make the financial business plan clearer with a table showing the projections.

Societal Impacts

As a social application and software, this project will result to a number of societal impacts. A complete execution of this project will result to an increase in the number of blood donors and the project will equally lead to an increase in the number of blood pines in blood banks. Upon completion of this project, many people (here give a %age or figure if you have any idea) will get educated on the realities of blood donations, many people (here give a %age or figure if you have any idea) will come to know their health status, as the results of test conducted on each donation will be sent privately to every donor.

Business Description

Electronic Blood Bank is a real time processing system which allows blood seekers to find the right blood donor. In the same token, it allows blood bank owners to computerize all their activities, making it easier for them to run routine reports.

For a start, our product is basically for local consumers, that is, users within the country who are concerned with the safety of health and life. With the increased use of sophisticated computing devices; smart phones, computers, and internet; we hope to have an increase in subscribers and grow our market. We also hope to extend the service to other countries.

Business Overview

Reports show that internet users have surged in Cameroon, reaching 4 million in 2015 (about 18% of the total population), compared to 1 million in 2013 (about 6.4%). Since 2005 internet usage has an annual growth of approximately 40%. Also 80% of the population is using mobile phones. In spite of the notable surge in these two products an estimate of about 4 million Cameroonians are not using mobile devices and do not use the internet. However, out of the 80% that use mobile phones, 40%

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