Mozambique - Business creation project

Describe your project or startup in a few words

StockPro a digital platform that helps small business owners gain better control over their managerial and operational activities in the areas of stock and sales management, this application is easy to use, secure and accessible to small business owners.

01.01 Describe your project in more detail

StockPro is management software, that helps SME's become more productive by automating activities related to the management of stock and sales. StockPro can be used on desktop as well as mobile devices, it allows business owners remote access to their business. StockPro records all the movements made on stock items, allow business owners to keep track of exactly how many products they have in stock, this increases the security of the stock because anomalies in stock quantity change can easily be detected. The software also produces a low items report so that products can be re-stocked before completely running out of stock. Business using StockPro can better monitor the financial situation of their company, the software records all sales made, and produces an accurate report of the cash flow generated by the business. All these functions have the aim of simplifying business management and helping small business owners increase the efficiency of their business operations.

01.02 What is the main problem you are trying to solve?

The main problem solved by StockPro is the disorganized and often poor management that results from business management via manual, pen and paper based management mechanisms. Business owners that manage their operations via manual, pen and paper based management methods have to record, monitor and control their operations on paper records. Over time papers get accumulated and it becomes harder to monitor and control business activities. Relying on brain power alone to do repetitive tasks of record data can quickly become tedious, activities such as recording stock item quantities as the alter due to new entries or sales, recording cash sales and customer is very difficult to do on pen and paper for high volume sales. StockPro provides a digital platform that automates the managerial and operational activities of small business owners given them leverage to control and monitor their business with the click of a button.

01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).

1. Increased stock control, because StockPro register all the inward and outward movement of stock items, business owners are able to know in real time exactly how much they have in stock. These means that the stock is safer, because it is easy to identify if quantities on hand and in the system don't match. StockPro also produces a low stock report so that businesses can refill stock items before they run out. 2. Improved cash flow monitoring, StockPro will record all sales transactions made by the company, as such business owners will have e better understanding of the money that goes in to their company, and will give them a better understanding of the financial situation of their company, giving them important information for decision making. 3. Improved business performance, because the software automates manual repetitive activities, tasks can be done faster and more efficiently using computing power and dedicated human thinking to more creative tasks that computers cannot do.

01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?

StockPro is aimed at serving small business owners, who may or may not be physically present in their business during working hours, they have one or more employees to monitor, to whom they have delegate tasks such as stock keep and sales. Business owners that sell and must control a large variety of stock items and preferably have a high sales volume that is difficult to track via pen and paper.

01.05 When did you start working on your project?

2022-10-01

01.06 How many other partners are associated with your business venture?

1

01.07 Among the other partners, how many are female?

1

01.08 Please describe the profile of each of the other partners (skills, experience, etc.)

Marketing and business relations, Priscila Cassimo, completed the course of Geographic Information Science (SIG) at the university of UEM (Universidade Eduardo Mondlane), has been onboard on the project for six months now and is responsible for the business relations aspect of the project, she has made various presentations to potential clients and also government funding programs.

01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:

https://www.stockpropos.com/

01.10 Which industry best describes your project?

h) IT (digital services, equipment and software)

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

StockPro helps empower small business owners by giving them a tool to improve the efficiency of their business, via digital automation StockPro allows business owners to again better control of the cash flow of their business. Because StockPro is easy to use any business can use it to automate their business activities. This helps reduce poverty because as small business owners grow they a hire more people, they grow confident and start other businesses and this promotes a spiral growth for the economy.

02.02.01 My project contributes to the Zero hunger goal

5

02.02.02 Zero hunger - Justification

By promoting the growth of SME's via a software management tool. Business owners can employ more people and start more businesses, who will have a salary purchase food for themselves.

02.03.01 My project contributes to the Good health and well-being goal

1 - Strongly Disagree

02.03.02 Good health and well-being - Justification

02.04.01 My project contributes to the Quality education goal

1 - Strongly Disagree

02.04.02 Quality education - Justification

02.05.01 My project contributes to the Gender equality goal

2

02.05.02 Gender equality - Justification

02.06.01 My project contributes to the Clean water and sanitation goal

4

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

2

02.07.02 Affordable and clean energy - Justification

02.08.01 My project contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification

StockPro promotes economic growth by empowering small business owners via a digital platform that helps them gain better control of their business. As businesses gain better stock and finances they are able to make informed decisions that grow their business and the grow confident to invest in other businesses, creating more jobs and contributing to the GDP of the economy.

02.09.01 My project contributes to the Industry innovation and infrastructure

6

02.09.02 Industry innovation and infrastructure - Justification

StockPro fosters digital innovation in business management, the digital platform encourages the uses of technology to enhance business processes there by increasing productivity and improving efficiency in business operations.

02.10.01 My project contributes to the Reduced inequalities goal

3

02.10.02 Reduced inequalities - Justification

02.11.01 My project contributes to the Sustainable cities and communities goal

2

02.11.02 Sustainable cities and communities - Justification

02.12.01 My project contributes to the Responsible consumption and production goal

2

02.12.02 Responsible consumption and production - Justification

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

The use of StockPro for buiness management, reduces the need for paper records, so it reduces the need to purchase and use papers to execute business processes.

02.14.01 My project contributes to the Life below water goal

2

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

2

02.15.02 Life on land - Justification

02.16.01 My project contributes to the Peace justice and strong institutions goal

2

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

2

02.17.02 Partnerships for the goal - Justification

05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

1 - Strongly Disagree

05.02 The product/service we envision creating represents an entirely new type of product/service.

3

05.03 The product/service we envision creating could be described as a new technology.

1 - Strongly Disagree

05.04 The product/service we envision creating is an improvement on an existing product or service.

7 - Strongly Agree

05.05 The product/service we envision creating could be described as an extension of a range of products or services.

7 - Strongly Agree

05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.

6

05.07 The product/service we envision creating is a new version of an old product/service.

6

05.08 Justification

StockPro is unique and innovative because

05.09 Who are your main potential competitors and what makes you stand out from them?

Potential competitors are Primave (ERP software from Portugal), PHC (ERP software from Portugal) and Sage Pastel (South African software). StockPro stands out from these softwares because of the designed in it's usability, StockPro was designed via iterative feedback with SME's, many of our competitors are big budget software that were designed to be used by accountants, these features are not compatible with SME's the price and the feature set are out of reach for the average small business owner. Many of StockPro's BETA test users have reported that it took them less them 3 days to understand how to use StockPro.

10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?

fdghjk