Best Ideas 2019 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.
ID'S Computer & Communication Ltd.
Explain your idea in details:
IDS Computer & Communication Ltd. is established as a limited liability company owned solely by Idolor Joy Idisi although not yet registered. The company is managed and directed by Idolor Joy Idisi. The main objectives of the company is to increase revenue from the sales of computers, accessories and service delivery to N20,000,000.00 over 2 years, to maintain profit margins at 30-35% through close attention to expenses and cost of operating and service delivery, to drive awareness and generate sales through mentions in local print. Activities includes: 1. software and application development and installation 2. repair and maintenance services of computer and its accessories 3. typing, printing, photocopies, graphic designs, lamination, binding 4. sales of bulk SMS. Innovative 5. website design, hosting and development 6. ICT training and consultancy services 7. Cybercafe outlet approaches includes: 1. printing and distribution of recharge cards vouchers 2. DSTV and general satellite television installation 3. sales of high quality branded phones and accessories
Expected impact of your idea on sustainable development
The target market includes consumers in North east region of Nigeria, South south, south east and also the international market. The measures to evaluate success will be 1. providing training programmes to boost our revenues 2. cordial business relationship with suppliers 3. low operating cost and use of state of the art equipment 4. employ well-defined marketing strategies both online advertisement and offline advertisement 5. well trained staffs able to solve any technical issues 6. acquisition of necessary regulatory licence for our firm 7. outstanding customer service and fast service delivery duration
Plans for implementation and sustainability
ID'S Computer & Communication Ltd. seeks N10 million in long term financing to cover start-up cost, equipment, building expenses, and working capital. funding for the launch of the business is provided primarily by equity from the partners and investors. the business will reach positive cash flow in its 9th month of operation, allowing for expendited repayment of its loan obligations, as well as for dividends to be paid to the owners. revenue will top N35,300,000.00 and profit will reach N12,589640.00 in the first year of operation.
I was born on the 10th of October 1990 in Ughelli North Local government area in Delta state Nigeria, am from a very large family and am the 11th of 15 children, i grow with my parents. My love for independence and gender equality as a young lady of 28 has driving me to become an entrepreneur, which lead to my wanting to open an ICT business since i studied computer science and having attend some seminars and training it won't be of a problem, though i haven't received any awards/recognition yet.