TO. H.E. SUSAN KIHIKA
GOVERNOR,
NAKURU COUNTY
PROJECT PROPOSAL: ONLINE ACADEMIC WRITING BUSINESS
FOCUSING ON MANIFESTO NO:
2. TRADE AND BUSINESS
4. EDUCATION
7. YOUTH DEVELOPMENT
9. ECONOMIC PLAN
Introduction:
The rapid pace of technology has made it easier than ever for students to access academic
resources and information. However, this increased access to information has also created
a more competitive and challenging academic environment. Students today are faced with
a demanding workload and countless deadlines, making it difficult for them to keep up
with their studies. This has created a high demand for professional academic writing
services that can help students meet their deadlines and achieve their academic goals. In
this proposal we will be focusing on how we can create jobs for the youths, build a stable
financial background for the county and how we will empower the society to use their
skills to benefit themselves.
Objectives:
To provide high-quality academic writing services to students worldwide.
To offer a comprehensive range of services, including essay writing, research paper
writing, thesis writing, and dissertations.
To build a platform that will enable the youths to gain experience, reduce unemployment
rate and build their social-economic aspects of their lives.
To establish a reputation for delivering work of the highest quality, in a timely and
reliable manner.
To provide a secure and confidential service, ensuring that all personal and financial
information is protected.
Market Analysis:
The online academic writing market is a rapidly growing industry, with a projected worth
of Ksh3.5 billion by 2024. There are already several established players in the market,
but there is still a significant gap in the market for a high-quality, reliable, and affordable
service. A comprehensive market analysis has revealed that there is a strong demand for
online academic writing services, particularly among students who are struggling to
balance their academic workload with other commitments.
The Plan
Our plan is identifying youths who have finished form four in the community, train them
on how to be effective writer then supply them with jobs, where they can earn a living. In
addition to training we will provide them with a work space with access to computers and
stable internet where they can work from.
Financial Projections:
Start-up costs: Ksh 2.5 Million (including Buying of Accounts, website development,
marketing expenses, and operational costs).
Monthly operating costs: Ksh1.3Million (including salaries for writers, administrative
staff, and marketing expenses).
Revenue projection: Ksh 3.7 Million per month within the first year, with steady growth
expected in subsequent years.
Break-even point: 12 months.
Projected Employment
50 jobs per an account
For 5 accounts
50*5 = 250Jobs with an estimated salary of 35,000 per month for every individual
Marketing Strategy:
The online academic writing business will be marketed through a combination of online
and offline channels, including search engine optimization, social media advertising, and
targeted email campaigns. The website will also be optimized for search engines to
increase visibility and attract new customers. In addition, partnerships with academic
institutions and student organizations will be established to reach a wider audience and
increase brand recognition.
Benefits to Society:
The growth of the online academic writing industry has had a significant impact on the
economies of developing countries, particularly in terms of job creation and economic
empowerment for youth. Here are some of the ways in which online academic writing
will boost the economy of Nakuru county together with how it will empower the youths.
Job Creation: The online academic writing industry will create a large number of jobs for
writers and support staff, particularly in Nakuru county where unemployment is a major
challenge. Many of these jobs are remote and flexible, which is particularly beneficial for
young people who may not have access to traditional employment opportunities.
Skill Development: The online academic writing industry requires writers to possess a
range of skills, including writing, research, and time management. By working in the
industry, young people will have the opportunity to develop these skills and improve their
employability in other industries.
Entrepreneurship: The growth of the online academic writing industry has also created
new opportunities for young people to start their own businesses and become
entrepreneurs. For example, young people can start their own writing agencies and hire
other writers to provide services to clients or even create other businesses on other sectors
which will boost the economy.
Income Generation: The online academic writing industry provides young people with
the opportunity to earn a good income, particularly in Nakuru county where there are
limited job opportunities. This income can help to lift people out of poverty and provide
them with a more stable financial future.
Economic Empowerment: The online academic writing industry provides young people
with the ability to control their own financial future and become economically
empowered. This is particularly important in Nakuru County where poverty and
unemployment are prevalent.
In conclusion, the online academic writing industry has had a significant impact on the
economies of developing countries, particularly in terms of job creation, skill
development, entrepreneurship, income generation, and economic empowerment for
youth. By providing young people with employment and income opportunities, the
industry is helping to create a brighter future for individuals and for society as a whole.
Conclusion:
In conclusion, the online academic writing industry has had a significant impact on the
economies of developing countries, particularly in terms of job creation, skill
development, entrepreneurship, income generation, and economic empowerment for
youth. By providing young people with employment and income opportunities, the
industry is helping to create a brighter future for individuals and for society as a whole.
Regards
PHILIP OBAE
0740782051