On Mon, Aug 31, 2009 at 6:28 PM, Dennis Kioko <dmbuvi@gmail.com> wrote:

There is the problem of most small and mid sized businesses always
trying to rip off ignorant customers.

Boss Dennis LOL! the thread has nothing to do with chekelea or anything else. :-)

Rather a look into why and whats. I wish there was an easier way to put the message across and then you may see how deadly the borrowing situation is. Anyway, I tried my best.

As an final contribute to the thread, pls consider this : Dennis wants to setup a proper hosting service ( not an attempt to setup one with old machines) :

- 2 commercial servers with mirror services = Ksh 2 million

- Tech rack, UPS = Ksh 1 million

- Misc expense = Ksh 0.5 million

- First year running expense, including rent, 4 staff salaries and 6 month advertisement costs = Ksh 1.2 Million

- Second year partial expense, including the above = Ksh 0.6 Million

Project Grand costs total = Ksh 5.3 Million.

Borrow Grand total amount from the bank, monthly repayments @ 60 months = Average Ksh 120,000 per month / Ksh 1.44 Million PA.

Add bank loan repayment and first year expenses = Ksh 2.64 Million.

Now work out the sale pricing : ?

HTHs.