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Entrepreneurshi p Business Plan

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Entrepreneurship

Business Plan

M.Shoaib Ahmed Rai

Gc University Fsd.

Tabish Bashir Gc University Fsd

Arslan Najeeb Gc University Fsd

Name University

PROJECT:

Key success factor.

•The project’s major key success factor is that the business is unique in the market and requires less startup capital. Its estimated to be around Rs:600,000.•Transportation and conversion cost is highly affordable.•Competitors in the market are few in the business.•This helps the business to bring innovations and hence the growth level of business would be very high with high profit margin

The price of our product is Rs. 15/ Kg, the price of per unit could be reduced if the product is produced in bulk quantity and could be offered at less price in market accordingly to gain maximum market share.

StaffingThe operations doesn’t requires very highly skilled employees. There is no need to employ highly trained technical staff to run the operations. Green Gold needs 11 employees in total.4 owners working there in different fields i.e HRM, Finance, Marketing and the supervision of the business project with the equal salary of 20000/-1 driver with 12000/-, & 6 Segregators & Collectors Basic salary 10,000 per month.

Equipment and Material1 Suzuki pickup used Rs.300,000/-4 Diggers or garbage picker, lum-sum Rs. 3000/-1 water pipe, 1000/-1 water pump, 5000/-

Marketing and SalesMARKETING STRATEGIES. The primary targets of our business is the local grower, nursery producer, farmers etc. POSITIONING: We are positioning our product in such a way that all green fertilizer can get the steady stream of supplies. We have positioned our product in the local. Market at 1st position. PRODUCT STRATEGY: The product strategy is that the product will be offered at a lower price if it is collected at a bulk quantity's. By-product strategy is also included in our marketing and sales strategy. Inorganic material sold to scrappers.   

Marketing and SalesSALES.The final product is being sold to various B2B customers, Different distribution channels are used by different businesses to distribute their products to the ultimate consumers and those are as follows.Direct selling (Manufacturer → Consumer)Indirect Selling (intermediaries)Green Gold will use the direct selling channel.

Management and ownership. MANAGEMENT. The business is a partnership between four entrepreneurs. The management would be jointly administered by four persons. The planning strategizing and allocation of resources would be with the mutual consent of all partners. The roles of the owners have been divided according to their expertise in the field of business. OWNERSHIP. The business is a absolutely profit generating organization. Four of its owners are also included in the board of directors.So the ownership would be entitled to the four partners.

RISK AND MITIGATION. RISK. Cutthroat competition.Due to the entry of new competitors, there are chances that more and more people may go to invest in this sector, so due to competitors there may be a competition of getting raw material from the house holds Limited number of buyers.The numbers of buyers are limited due lack of awareness in general public, this is the main reason due to which we can face serious problems.  Immature market. Potential is too much high but due to lack of awareness markete is some how immature.  

  MITIGATIONS. Strong relationship with the customers and suppliers

We are focusing more and more on suppliers and customer relationship. Customer loyalty is in our basic agenda. Good relations with our suppliers and working as a team will bring good results. 

  

Impact on Economy

Green gold is a research oriented project , we get proper research about the products being used by society and this information can be further proved for the GOVT that in the 800 respected homes. The products of how much cost are being sold. Which diseases are prevailing in the society. The GOVT can measure different segments of locality.

RISK AND MITIGATION. RISK. Cutthroat competition.Due to the entry of new competitors, there are chances that more and more people may go to invest in this sector, so due to competitors there may be a competition of getting raw material from the house holds Limited number of buyers.The numbers of buyers are limited due lack of awareness in general public, this is the main reason due to which we can face serious problems.   

RISK AND MITIGATION. RISK. Cutthroat competition.Due to the entry of new competetors, there are chances that more and more people may go to invest in this sector, so due to competetors there may be a competition of getting raw material from the house holds Limited number of buyers.The numbers of buyers are limited due lack of awareness in general public, this is the main reason due to which we can face serious problems.   

Green Gold Fertilizer Ltd.Profit and Loss Account  At the end of Month Jan 31, 2014

Particulars Rs. Particulars Rs.Fuel 50000    

Salaries 67000 Sales 134400Packing 17000 Sales 2 84000

Misc. Exp 8000 Revenue from Waste Collectio 40000Rent 5000    

Depriciation 2500           

Profit 1 27225    Profit 2 27225    Profit 3 27225    Profit 4 27225    

  258400   258400       

Green Gold Fertilizer Ltd.

Balance Sheet  

At the end of Month Jan 31, 2014

       

Asset Rs. Liblities & Capital Rs.

Vichele 297500    

Diggers Tools 5000    

Water Pump5000

   

Debtors      

Cash 200000    

Cash At bank 201400    

    Capital 600000

    Profit 1 27225

    Profit 2 27225

    Profit 3 27225

    Profit 4 27225

  708900   708900