tv with memory card

8/14/2019 Tv With Memory Card

1/20

ENTREPRENEURSHIP PROJECT

TV WITH MEMORY CARD

A Business Plansubmitted in partial fulfillment of

the requirements for theDegree of Bachelor of Technology

Under XXX

By

XXXXXX

Under the guidance

XXXX

ABSTRACT

People are highly benefited with the advanced technologies, which are not only

economical in cost but also possess better durability.

Television is an electronic commodity, commonly used as a household appliance. It

is the most common entertainment package, which is a must in everyday life. People

can watch movies, daily soaps and news through this medium. But a TV with

memory card performs the dual purpose of supplying entertainment coupled with

storage facilities. This technology was already implemented in computers. A TV

having memory card can be programmed in such a way that it can store any TV

program at any time we want. It is applicable for all middle class and high class


2/20


urban dwellers. This concept definitely has a new feel to it, which would surely

generate mass appeal among the customers.


3/20


ACKNOWLEDGEMENT

We express our deep sense of gratitude to XXX, our Project Advisors, for their

valuable guidance and constant unfailing encouragement for completing this project.

We are also grateful to our friends for tirelessly and patiently pursuing us to finish this

report without whose help completion of the project report was the next thing to

impossible.

Finally, I would like to thank Mr. XXX for providing us a properenvironment for the completion of the report.

XXX

TABLE OF CONTENTS

ABSTRACT ....................................................................................................................i

ACKNOWLEDGEMENT ............................................................................................iii

TABLE OF CONTENTS ..............................................................................................iii


4/20


1. GENERAL INFORMATION .................................................................................... 1

Name of the Entrepreneurs : ......................................................................................................... ........ 1

Proposed Project: ........................................................................................................................... .......1

Major Product / Services: ......................................................................................................................1

Proposed Location: ..................................................................................................................... ......... .1

Type of Organization: .......................................................................................................................... .12. ENTREPRENEUR PROFILE: .................................................................................. 1

3. TYPE OF THE PRODUCT/SERVICES: .................................................................. 2

3.1 Type of the Project : ......................................................................................... 2

3.2 Product / Services Description : ...................................................................... 2

3.3 Major Consumers : .......................................................................................... 2Present Demand and Supply of the Product Competition: .................................................... ........ .......2

Competition: ..........................................................................................................................................3

Target Clients: .......................................................................................................................................3

Marketing Strategy(USP): .....................................................................................................................3

Technical Know How Availability: .................................................................................................... ..3

Step by Step Description: ......................................................................................................................3Flow Chart: .......................................................................................................................... ......... ........5

Number of Working Days per Annum: .................................................................................................6

Number of Working Shifts: ................................................................................................................... 6

Installed Capacity (%): ..........................................................................................................................6

Utilized capacity (%): ................................................................................................................... ........6

4. DETAILS OF THE PROPOSED PROJECT ............................................................. 7

Land and Building: ...............................................................................................................................7

Machineries / Equipments: ...................................................................................................................7

(C) Miscellaneous Fixed Assets: ......................................................................................................7

(D) Preliminary and Pre Operative Expenses : ................................................................................. ....8

Sales Revenue: .................................................................................................................................... .8

Raw Material: .......................................................................................................................................8(G) Utilities: ..................................................................................................................................... .8

(H) Man Power (Salaries/Wages): ...................................................................................................9

(I) Repairs and Maintenance: .............................................................................................................9

(J) Selling and Distribution Expenses: ...............................................................................................9

(K) Administrative Expenses: ............................................................................................................9

(L) Interest: ...................................................................................................................... ......... ........10

(M) Depreciation: .............................................................................................................................10

5. WORKING CAPITAL .............................................................................................11

6. TOTAL COST OF THE PROJECT .........................................................................12

7. MEANS OF FINANCE ........................................................................................... 13

.............................................................................................................................13

8. PROFITABILITY PROJECTIONS .......................................................................14

9. BREAK EVEN POINT ............................................................................................15

10. REFERENCES .......................................................................................................16


5/20


1. GENERAL INFORMATION

Name of the Entrepreneurs :

XXXXXX

Proposed Project:TV with memory card.

Major Product / Services:Household Appliance

Proposed Location:Bhubaneswar

Type of Organization:Medium scale unit

2. ENTREPRENEUR PROFILE:


6/20


3. TYPE OF THE PRODUCT/SERVICES:

3.1 Type of the Project : TV having an in-built memory card.

3.2 Product / Services Description :Household appliance with storage facilities targeted mainly at

urban customers.Depending upon the size of the memory card

used, viewers will be able to store movies, audios and missed

soap operas.

3.3 Major Consumers :Urban customers

MARKET POTENTIAL

Present Demand and Supply of the Product Competition:

Present demand is there mainly in urban areas for working people.Competitors are Videocon , LG , Samsung .But in Orissa there are no manufacturers


7/20


Competition:

There is no competition in the present market as there are no players in the market.

Target Clients:

Our main target clients are generally the middle class and the higher class families in

all major cities of India.

Marketing Strategy(USP):

The Marketing Strategy will be advertising the product in the media and by

companys representatives by visiting various target clients and by making them

aware of the features, application and the type of technology used in product.

MANUFACTURING PROCESS

Technical Know How Availability:

The basic knowledge of electronics and advanced communication systems is

necessary. We also require business management knowledge to handle the company

progress and analyze the loopholes and overcome them. Awareness of

microcontrollers and database management system is required.

Step by Step Description:

1. The initial step is sourcing the microcontrollers, JK flip-flops and timers.

2. Then, the entire set-up is integrated on 1 board.

3. A plastic casing is provided as a cover for the entire set-up.

4. Output pins are provided from the plastic casing.


8/20


5. The memory card is now ready to be used.

6. The TV cabinet cover is opened.

7. The memory card is slotted to the logical circuitry of the TV.

8. The cabinet cover is closed and the T is ready to be used.

9. The desired channels are surfed to get the content.

10. The favourite programmes to be viewed later, are stored as per the time set


9/20


Flow Chart:

PLC microcontroller, JK flip-flops,timers are taken

Start

The entire setup is integrated on 1

board

A plastic casing is provided

Output pins are provided from the

casing

The memory card is ready

TV cabinet cover is opened

The memory card is joined to the

logical circuitry

The favourite song,movie is stored

as per the time set and viewed later

Stop

The desired channels are surfed

The cabinet is closed and TV isready to be used


10/20


PRODUCTION SCHEDULE

Number of Working Days per Annum:The Firm will remain open for all weekdays except Sundays and National

holidays. Number of working days per annum=300 days.

Number of Working Shifts:2 shifts

Installed Capacity (%):10 TVs per day =>3000 TVs per annum.

Utilized capacity (%):I -year- 40%- 4 TVs per day -1200 TVs per year

II -year- 50%- 5 TVs per day -1500 TVs per year

III -year- 60%- 6 TVs per day -1800 TVs per year

Sr. No. ITEM Quantity

produced per year

Capacity

Utilization

1. TV without

memory card

03 per day

=900TVs per

annum

60%

2. TV with memory

card

03 per day =900

TVs per annum

60%


11/20


4. DETAILS OF THE PROPOSED PROJECT

Land and Building:

Sr. No. Particular Area Required Total Value Remarks

1.

2.

Land

Building

4 acres

2acres Plant

1 acres Admin

office

1 acre for

transportation

Rs.20,00,000

Rs. 10,00,000

Rs. 5,00,000

Rs. 2,00,000

Total: Rs. 37,00,000

Machineries / Equipments:

Sr. No. Description Nos. Required Rate(Rs.) Total Value(Rs.)

1. Computer 10 30,000 3,00,000

2. Printer 05 6,000 30,000

3. Scanner 02 4,000 8,000

4. Fax 1 5,000 5,000

Total: 3,43,000

(C) Miscellaneous Fixed Assets:

Sr. No. Description Nos. Required Rate(Rs.) Total Value(Rs.)

1. Furniture T(20),C(20) 1,000 40,000

2. Coffee Maker 1 5,000 5,000

3. A.C. 5 20,000 1,00,000

4. Furniture for factorycanteen

10sets 5000 50,000

5. Motor vehicles

(For raw material

and finished product

marketing)

2 cars

2 trucks

5,00,000

8,00,000

10,00,000

16,00,000

Total: 27,95,000


12/20


(D) Preliminary and Pre Operative Expenses :

Sr. No. Particulars Amount (Rs.) Remarks

1.

2.

3.

Interest during

implementation

Establishment

Expenses

Start-Up

Expenses

Yearly interests @

10% PA=10,00,000 on

1,00,00,000 term

loan

20,00,000

5,00,000

Misc. expenses

Total 35,00,000

Sales Revenue:

Year ITEMS Quantity

sold/year

Rate per unit Sales

Realization

No.1 900 14,000 1,26,00,000

No.2 900 20,000 1,80,00,000

Total 3,06,00,000

Raw Material:

Sl.No. All ITEMS Quantity Rate Total value per year

1. No.1 - 4,000 per set 4,000*900=36,00,000

2. No.2 - 7,000 per set 7,000*900=63,00,000

Total 99,00,000

(G) Utilities:

Sr. No. Particulars Annual Expenditure(Rs) Remarks

1.

2.

3.

4.

Power/Electricity

Water

Coal/Oil/Stream

Any other item

1,00,000

10,000

---------

50,000

Total 1,60,000


13/20


(H) Man Power (Salaries/Wages):

Sr.

No.

Particulars No. Wages/Salaries per

Month(Rs.)

Annual

Expenses(Rs)

1.

2.

3.

4.

5.

Skilled

Semi Skilled

Unskilled

Office Staff

Any Other

05

20

6

20,000

8,000

5,000

1,00,000

1,60,000

30,000

Total 2,90,000

(I) Repairs and Maintenance:

Sr.

No.

Particulars Amount(Rs)

1. Computer and Electronic goods 20,000

(J) Selling and Distribution Expenses:

Sr.No

Particulars Amount(Rs) Remarks

1.

2.

3.

Publicity Expenses

Traveling

Freight

Total

1,00,000

50,000

10,000

1,60,000

(K) Administrative Expenses:Sr.

No

Particulars Amount(Rs) Remarks

1.

2.

3.

Stationery & Printing

Post/Telephone/Telegrams

Entertainment Expenses

Total

20,000

50,000

20,000

90,000


14/20


(L) Interest:

Year Outstanding

Loan Amount

(Rs)

Interest Instalment(Rs) Balance(Rs)

1 1,00,00,000 10,00,000 5,00,000 5,00,000

(M) Depreciation:

Sr.

No.

Type of Asset Cost of Asset Expected Life Depreciation

1. Computer 30,000 5 yrs 15,000

2. Factory 5,00,00,000 20yrs 25,00,000

3. Office 27,00,000 10yrs 2,70,000


15/20


5. WORKING CAPITAL

Sr. No. ITEM Rs.1.

2.

3.

4.

5.

Raw-Material

Salary/Labour

Administrative expenses

Repairs and maintenance expenses

Selling and Distribution expenses

5,00,000/month

2,90,000/month

90,000/month

20,000/month

1,60,000/month


16/20


6. TOTAL COST OF THE PROJECT

Sr. No. Particulars Total Value(Rs.)1.

2.

3.

4.

Fixed Capital

Working Capital margin

Preliminary & Pre-operative

Expenses

Cost escalation and contingencies

68,38,000

20,30,000

35,00,000

5,00,000

Total 1,28,68,000


17/20


7. MEANS OF FINANCE

Sr. No. Particulars Amount

(Rs.)

Remarks

1.

2.

3.

4.

Own Investment

Term Loan

Working Capital Loan

Any Other Source

50,00,000

1,00,00,000

Total: 1,50,00,000


18/20


8. PROFITABILITY PROJECTIONS

Sr. No. Particulars Amount (Rs.)

1

2

3.

Annual Sale Realization

Cost of Manufacturing/ Servicing

Raw Material

Utilities

Salaries/Wages

Repairs & Maintenance

Selling & Distribution

Expenses

Administrative ExpensesInterest

Rent

Depreciation

Misc. Expenses

Total

Gross Profit/Loss(1-2)

3,06,00,000

99,00,000

1,60,000

34,80,000

20,000

1,60,000

90,0005,00,000

3,60,000

27,85,000

1,45,000

1,76,00,000

1,30,00,000


19/20


9. BREAK EVEN POINT

Break Even Point= ((Fixed cost)*100)/ (fixed cost + profit)

= (68,38,000)*100/ (68,38,000+1,30,000)= 34.4


20/20


10. REFERENCES

1. Hisrich Robert D. , Peters Michael P. , Shepherd Dean A. ,Entrepreneurship,

6th ed. (McGraw-Hill, 2007)..

2. Google Book Search

@ Source: http://books.google.co.in/books.

3. www.optionsforchange.com

tv with memory card

Documents