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Feasibility study: pure argan oil

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par Bouchaib jarir
Cambridge college - Master degree 2016
  

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Development Plan

The development plan is an important step in the feasibility study. After discussing the idea of creating this company with the copartners. And after studying the market strategy, SWOT analysis, distribution & sale strategy, the operations plan and discussing the prices and other deals with the suppliers. It is time to talk about the current position of our company at the legal level as well as the financial level.

Legal level:

The company will be created in Morocco, as a limited liability company, as was planned in the beginning of 2017. The first step in the creation, consist of getting a negative certificate from RCI (regional center of investment) in Casablanca, and more other document (Fiscal ID, Registration of commerce number, Social security number...) and paying multiple kind of taxes. The total process of creation takes about 24H to one week. Also the company must open a bank account with a minimum deposit of one thousand USD.

Financial level:

The estimated cost of creation the company, from my experience of five years working as accountant in Morocco between 2005 to 2009 especially in companies creations, is around Two to Three thousand USD including the bank deposit of $1,000.00.

Beside the creations fees, we can add the cost of materials (3 laptops and offices accessories) which will cost also around $3,000.00. Knowing that, all the partners will use their cellphones and their locals in the beginning of the company. The total estimated cost of the creation of the company and office accessories will be around five to six Thousand USD.

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