You, the Idea Promoter, the Risk-Taker, the Entrepreneur and Member
of SEED (the Society for Entrepreneur and Economic Development), are desperately
needed now, not just to rebuild. Your nation and the world needs you, to
restructure using innovation to protect future populations and properties. Your
ideas and efforts are highly appreciated and very valuable and must be tied to
the essential initial contribution and investment. Your guidance and plans are
very necessary to achieve the objectives, and therefore, requires powerful
relationships with banks, for operational cash flow. Hence, it is you that must
step forward to fix the nation’s economy.
You, having dreamt of, experimented with and launched
New Products, Goods and/or Services, successfully found unique competitive
advantages, to change sector or industry practices and structured such ideas
into your Strategic Plan. A strategic plan configured upon the vision to
effectively and efficiently improve the status co, making things better, stronger
and more durable, over the long-term, to preserve life, advance lifestyles, protect
assets and progress the very society. A strategic plan with an achievable, attainable
and measurable mission, which must include financial structuring to realize
self-sustainability while, benefiting all stakeholders; customers, suppliers,
employees and owners.
You, extracting a winning Prospectus, from the
strategic plan, to invite the necessary material investors, while maintaining
your Control and protecting your initial, essential and all important, Sweat
Equity. The Investment plan is to attain lands, leases, licenses, legal rights and
other intangible assets, along with equipment and other physical assets. The
decision-making or organization plan must elect a Board of Directors, which is
to oversee the strategic plan and appoint the management team. You may not have
the skills, experience or aptitude to be part of management, appoint persons
who do, but you must remain as chair of the board.
You, presenting another extract from the strategic
plan; a Business Plan is needed to seek and build strong banking relations and
to right the cash flow in the establishing years. Banking relations must be developed
at various levels. Financial relationships at the board level, will target long-term,
low interest, funding from international lending agencies. Borrowing
relationships at the management level is for medium term funding, to support
expansion and asset replacement. Overdraft facilities is for periodic, short-term,
operational funds. The financial plan must control cash flow through borrowings
and debt servicing, needed to reduce the debt to equity ratios annually.
Your expanding operations can be measured by sales
increases, growth in output, and the building of financial reserves but it is
the creation of sustainable employment, through human resource or staff
development and retraining, which best contribute to the nation’s productivity.
Such operational expansion, also increases the taxation commitment, through
corporation tax, sales-based tax, and individual employment tax, which funds
the nation’s revenue and public services. The nation’s economy, therefore needs
a growing number of expanding operations to provide Health, Education, Social
Services, etc. Thus, your operation will help To Create Good Jobs, Paid Taxes,
and to Grow the Economy.
Rationale
T.A.J. & Associates Company Limited uses this occasion to
comment on topics that have been covered, both academically and by the
mainstream media, to add its opinion and point out investment opportunity, not
to invoke any social action.
