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CENTENNIAL COLLEGEBusiness Plan 2015 DRAFT

ON

“CENTENNIAL COLLAGE”Prepared By:-

Name Roll No.

Waqas Anjum 50M.Naveed 53Hassan Ashraf 51Saira Ambreen 03Sana Mansha 35Iqra Ijaz 47M.Yasir 19

M.Com 3rd(Reg.) SESSION 2013-2015

DEPARTMENT OF COMMERCE UNIVERSITY OF SARGODHA

Chairman’s Message :-

Dear Students, "We cannot always build the future for our youth, but we can build our youth for the future."

Franklin D. Roosevelt

These words by Franklin D. Roosevelt perfectly describe our aim at CENTENNIAL COLLEGE Beyond providing a sound education, we wish to provide our students a holistic learning experience for life. Our aim is to teach students to LEARN, not just STUDY. Hence, we strive to travel beyond the boundaries of mere books. We have realized that the future is abstract and unknown but the youth in our hands are real and can be moulded.

We invest our trust on you. You are our safe source and we bank all our efforts on you. We create not the future instead we craft you for the future. There are strong challenges to great efforts but, always remember, great effort bears the sweet fruit of success. We want you to taste the fruit of success once and for the rest of your life, you will never rest. "You don't have to be great to start, but you have to start to be great."

Best wishes.

Waqas Awan

“We Specially Dedicate This Project To Our Beloved

Families, Respected Teachers (Specially Sir Rafi Ullah

Bilal Sb) And Every Individual Who Is Working To Bring

Laurels And To Raise The National Flag Of Our Mother

Land “

PAKISTAN

“There is no perfect Collage, nor is there just one “right” Collage for a

student. Look for good matches and

go with the best fit”

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Table Of Contents

Sr.No Description Page No

1 Collage Location & Adjacent Areas 7

2 Mission & Vision 8

3 Executive Summary 9

4 Company Description 10

5 Market Analysis 12

6 Marketing Plan 13

7 Operational Plan 14

8 Management Team and Company Structure 16

9 Start Up Expenses and Capitalization 17

10 Financial Projections 24

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Collage Location & Adjacent Areas

.

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Mission and Vision

Our mission is to educate students for career success

Our vision is to transform lives and communities

through learning

Attention:- A business plan is a specific plan to open a new business or to expand an existing one, not the writer’s wishes and dreams !

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1.Executive SummaryThe purpose of this business plan is to raise Rs. 2.5 million (by convincing the partners.) for the development of a Collage in Quaida-bad, while showcasing the expected financials and operations over the next one year. The “Centennial Collage for Women” is a Educational Development based business that will provide “services”to customers in its targeted market. Management TeamThe founders of the “Centennial Collage” have vast experience of organizing various businesses in different cities and area of Pakistan. Due to this expertise, the team will be able to bring the operations of the business to profitability with in few years of the operations Revenew ForecastsThe team expects a strong rate of growth at the start of operations. The expected revenue generation over the next 3 years. is given in the financial plan section. Expansion Plan In the future, Management will have plan to expend its business to all major cities of Pakistan within the ten years. from its commencement because of growth intensiveness of this(Education) sector. Legal form of business Our business is of partnership form having four partners.

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3. Company Discription

Separate Girls Collage is not existed in Rural areas and the parents demand also involve .so we decided to established a new collage including the classes of 9th and 10th InshAllah in Future if we received the +ve response from community. Guide Line We also able to provide the guide line to the students of 9th and 10th. It is also helpful for the expansion in our inter classes students. This idea also arise due to growing population, trend of education and a limited number of schools & Collages in those areas. Capacity Establishment of “Centennial Collage”has become a potent business opportunity.The overall proposed capacity of the “Centennial Collage” is for 500 students / year. However, the Collage will start with 191 students initially in year 1, gradually increasing to 170 students in each year InshAllah.

2.Company Discription

Class Size The maximum number of enrolments per class is limited to 60 students for 1st Year till 4th year. And 50 students for class 9th and 10th . Building The proposed building for the project will be acquired on rent, covering an approximate area of 1.5 Kanals to accommodate the proposed students strength. Project Cost

The total project cost for setting up this school is estimated at Rs. 2.20 million, out of which, the capital cost is estimated at Rs. 1.80 million and working capital of Rs. 0.40 million. Project Finance The project is financed through100% equity. And loan will be taken on demand12

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3.Market Analysis

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4.Marketing Plan

Marketing Stategy of Other Collages:- Other Collages are going to promote their Institutions through banners and launch events is highly recommended. Collage broachers are also distributed designed from good quality service providers.

Our Marketing Strategy:- We make personal contects with the linked Schools in the boundry circle. Awards are given to those schools and collages on Annul Prize Distribution Cermonies.

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5.Operational Plan

Current Operational Activities:- During Collage Time no entry and Exit of students Daily Cash Sheet will Prepare by the accountant that conatains that day inflows and outflows Teachers attendance at the start and end of the lecture on register awailable in the Vice Principal Office. Cash Sheet will be signed by the Principal & Principle and amount deposited in the Bank A regiter mentained at Vice Principal Office Containnig the daily record of topics study in that class & the test conducted if any according to the schedule.

Operational Activities May start Later:-Centennial College will provides its students with high- quality training programs like Cooking,Computer softwares,English Language, Stitching.etc courses in the after final exams of thet stage class.9th & 10th Classes also start at collage.

CENTENNIAL COLLEGEBusiness Plan 2015

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6.Management Team and Company Structure

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Human Resource Requirement

Classes requirement Salaries

Principal 1 360,000

Vice-Principal 1 240,000

General Teachers 10 1,44,0000

Science Teachers 8 1,44,0000

Arts Teachers 2 240,000

Accountant 1 120,000

Clerk 1 96,000

Sweeper,Guards 2+2 192,000

Total 28 4,12,8000

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Proposed Strength Of Each Class

Classes Year-1st Year-2nd

F.A 25 30

Fsc. Pre-Medical 20 25

Fsc. Pre-Engineering 25 30

ICS 24 28

I.Com 26 30

B.A 18 23

Bsc 23 27

B.Com 30 34

Total 191 227

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Space Requirement

Space Requirement Required Area (Sq.ft)

Class Rooms (10) 2400

Comp.Lab + Library 386

Principal Office 125

V.Principal Office 100

Staff Room 100

Admin & Account Office 200

Washroom,Store & Kitchen 576

Grounds aprrox. 3250

Total Space Requirement 7,137

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Equipment Schedule & Cost

Sr # Equipment Quatity Cost / Unit (Rs.)

Total Cost (Rs)

1 Computers 3 10000 30,000

2 Computers for Lab 20 10000 200,000

3 Printers 2 5000 10000

4 Scanner 1 4000 4,000

5 Fax Machine (Fax 575) 1 4,000 4,000

6 Telephone Exchange sets 4 500 2000

7 Server (hp G1610T) 1 30,000 30,000

8 Networking Cost 1 10,000 10,000

9 Science Lab.Equipment ---- 70000 70,000

--- Total Equipment 144,500 360,000

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Electricals & Other Items Cost

Sr # Descriptions Quatity Cost / Unit (Rs.)

Total Cost (Rs)

1 Ceiling Fans 35 2,000 70000

2 Exhaust Fans 20 1000 20,000

3 Energy Savers 40 150 6000

4 Water Coolers 4 5000 20000

5 Vacuum Cleaner 1 5,000 5,000

6 Wall Clock 20 200 4000

7 Library Books ---- --- 60000

8 Generator(12-20kb) 1 200,000 200,000

9 Air Conditionrs 11 45000 495000

Total Equipment --- --- 880,000

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Furniture Detail & Cost

Sr # Descriptions Quatity Cost / Unit (Rs.)

Total Cost (Rs)

1 Table & Chairs For offices 4+15 8000+4000 92000

2 Chairs For Classes 230 1,500 345000

3 Cupboard 10 10,000 100,000

4 White boards 10 22,00 22000

5 Books Shelves For Liberary 6 12,000 72,000

6 Reception Area Furniture …… 50000 50,000

7 Dayes 10 2000 20000

8 Computer Tables 20 4000 80,000

9 Librarian Tables 4 8000 32,000

Total --- --- 813,000

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Project FinancingProject Financing Amount (Rs.)

Partner (Waqas Awan) 40% 1000,000

Partner (Hassan Ashraf) 20% 500,000

Partner (Sana Mansha) 20% 500,000

Partner (Saira Ambreen) 20% 500,000

T0tal capital 2500000

Capital Investmet Amount (Rs.)

Furniture Cost 813,000

Building advance 300,000

Equipment & Other Item Cost 360,000

Electricals Item Cost 880,000

Total Capital Cost 2353000

Initial Working Capital 147000

Total Project Cost 2500000

Project Financing & Capital Investment For the Project

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Description Year 1 Year 2

Revenue

Registration fee 1,910,000 2270000

Tuition fee 5,485000 11995000

Total Revenue 7,395,000 14,265,000

Operating exp:

Depriciation 249300 249300

Salaries 4128000 8256000

Utilities bills 100000 250000

Rent exp.(150000 per month) 1800000 1800000

Fuel & power 500,000 1250,000

Lab expenses 49000 105000

Total expense 6826300 11910300

Operating Profit 568700 2354700

Tax exp. 79618 (14%) 470940 (20%)

Net Profit 489082 1883760

Income Statement

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ASSETS YEAR 1 YEAR 2

Fixed assets

Furniture @10% str. 731700 650400

Equipments @10% str. 324000 288000

Electric items@15% str. 748000 616000

Current assets

Building advance 300,000 300,000

Cash at bank 500,000 15,00,000

Cash In hand 385382 1029360

Total assets 2989082 4383760

Liabilities+Capital

Owner,s equity

Capital 25,00,000 25,00,000

+Net profit 489082 1883760

Total Liabilities 2989082 4383760

Balance Sheet