Entrepreneurship (To become a Business Personel)

Acknowledgement

Event Management Project By

Muhammad Fahad Ali MirzaMuhammad Shakeel

Waqar LiaqatMobeen Ahmad

Shahzaib Khan

Why Guns ‘N’ Roses?

Event Management

Refers to designing a themed activity , occasion , display or exhibit to promote a product , cause or organization.

Event Management A Process

What Guns ‘N’ Roses Is?

• An event management Company.• For the White Collar Society of Lahore.• Making Events a Life long Remembered.• Giving Life to you Event.• Aiming for the Perfection.• Setting Bench Marks for other.• Creating Value & strong WOM.

Mission & Vision

• Becoming the best choice for every one and use of the latest technology with the Cultural Values.

• To be leaders and innovators in the Event Management.

Resources of Guns ‘N’ Roses

• Human Resource.• Financial Resource.• Personal Resources.• Vendors.• Sponsors.• Market Value.

Situational Analysis

• Geographic• Demographics• Market Needs– Selection– Approachable– Pricing– Customer Services

• Market Trend

SWOT of Guns ‘N’ Roses

Keys of Success for Guns ‘N’ Roses

• Customer’s feedback• Trained staff• Unique selection and variety• Quality of services• Physical & virtual accessibility• Online access• Consistent, accurate fulfillment of the client's wishes• Competitive pricing for the quality of services offered• Significant profit made on each event planned

Costing & Investing Analysis of Guns ‘N’ Roses

Point to be Remembered before Enrolling into a

Business

Smart Entrepreneur Never go for its own resources. It uses the other resources and use them for its own profit. Smart entrepreneur safe guards its own resources and use only

when required at maximum level.

Point to be Remembered before Enrolling into a

BusinessSmart Entrepreneur never Fixes its Capital on

which the Return in not conformed until the ratio becomes 2:1

Investment & Utilization

• 1 Million investment.• .2 Million Each contribution in the Company.

Utilization• For Purchasing Cutlery.• For Capital Expenditure.• For Fixed Expenditure for certain period of

time.

Tentative Quotation Gun & Roses Event Management Company

Name Date Contact Day Guest Time Function Venue

MENU Chicken/Mutton Biryani Or Chicken/Mutton Pulao Chicken/Mutton Quorma or Chicken/ Mutton Karahi RogniNaan…………… Select I Desert Shahikheer, Firnibadami, Fruit trifle, Cream caramel, Hot gulabjamun, Chocolate mouse, Butter & Bread pudding ,etc Raita Fresh salad Mineral water Kashmir tea Soft drink Rate per head.......(chicken one dish) Rate per head……..(Mutton one dish)

SETUP Canopies………… 5 types Carpets………… ...3 types Round table & Chair siting Buffet Tables for food Crockery Cutlery Choice of color themes….9 types Water service Live tanoor Single Seat sofas 10% of total guests.

Extra Arrangements

Light, generators, flowers, heaters, fans, air cooler, wooden floor, A.C, Dj, Panels, lounges

Lighting: ……………………

Cost of Generator: ………………………

Flowers / Decoration: ……………………..

Other Arrangements: …………………………………………………………………

…………………………………………………………………………………………………….

…………………………………………………………………………………………………….

…………………………………………………………………………………………………….

Total cost…………………………. Number of guests…………….. Average cost…………………….

Canopy Cost in MarketCanopy From To

Cloth 125,000/- 150,000/-

Velvet 150,000/- 200,000/-

Para Shot 200,000/- 225,000/-

Net 150,000/- 185,000/-

Cutlery CostingCutlery Item From To

Plate China set 200/- 300/-

Plastic Plate set 110/- 160/-

Spoons & knife set 30/- 50/-

Wine Glass 50/- 75/-

Serving Spoon 30/- 70/-

Safen Brass Dish 2,500/- 3,000/-

Safen Steel Dish 1,400/- 1,500/-

Plastic Bowl 150/- 175/-

China Plastic Bowl 300/- 400/-

Salad Tray 100/- 125/-

Seating & Sofa'sChair (including cover) TO FROM

U bend Chair 1,300/- 1,500/-

Straight Chair 1,400/- 1,700/-

Lounges per seat 250/- 450/-

Table’sTables & Covers TO FROM

Straight/Head Table 800/- 1,000/-

Round Table 2,000/- 2,200/-

Table Cover 475/- 500/-

Carpets & RunnerItem FROM TO

Runner 6x20 ft 5,000/- 6,500/-

Stage Takhat 3x6 ft 1,000/-

Wood Dancing Floor Sq ft 150/-

Fiber Dancing Floor Sq ft 250/- 300/-

Glass Dancing Floor Sq ft 500/-

Carpet Gourmet Sq ft 24/- 25/-

Carpet Kohati Sq ft 55/- 70/-

Carpet Pak Punjabi Sq ft 90/- 110/-

All cost mentioned above are Subject to the Quality of the

Product and Quantity as well..

Quantity of General FoodProducts TO GRAMS FROM GRAMS

Chicken 250 300

Mutton 300 350

Rice 250 300

Flour 150 300

Drinks 250 500

Water 250 500

Desert 100 150

Raita Depends upon the Event

Salad Depends upon the Person

Serving StaffServer TO FROM

With uniform 450/- 500/-

Without Uniform 500/- 550/-

Serving Staff Uniform CostingUniform Approximate Cost

Trouser Black 650/-

Shirt White 450/-

Half Jacket 450/-

Bow & Tie (Supervisor/foreman ) 350/-

Total Cost 1,900/-

Lightening & DecorGenerator Soundless PRICE

100 KV (Depends upon the standard) 25,000/-

50 KV (Depends upon the standard) 15,000/-

Lightening Depends upon the Customer

Décor Depends upon the Customer

The above mentioned Rates are the Minimum which refers to the Quality and the Customer need

Cost Incurred for CutleryCutlery Item Cost Price Paid Quantity

PurchasedTotal Amount Paid

Plate China set 225/- 200/- 350 70,000/-

Plate Plastic set 150/- 125/- 100 12,500/-

Spoon & knife set 45/- 40/- 350 14,000/-

Plastic Bowl 160/- 160/- 200 32,000/-

China Bowl 350/- 325/- 200 65,000/-

Salad Try 125/- 125/- 100 12,500/-

Brass Safen Dish 2,500/- 2,300/- 20 46,000/-

Steel Safen Dish 1,500/- 1,500/- 20 30,000/-

Wine Glasses 60/- 55/- 400 22,000/-

Serving Spoons 50/- 50/- 50 2,500/-

TOTAL AMOUNT 306,500/-

Cost of Vendor’sMist Fan 2,000/- per fan

Generator 100KV 25,000/- (Depends upon the Décor)

Generator 50KV 15,000/- (Depends upon the Décor)

Flower Decoration Depends upon the Décor

Air Conditioner 160 HP 160,000/- (Depends upon the Size)

Air Conditioner 40 HP 40,000/- (Depends upon the Size)

Heater 1,500/- to 2,000/- per heater

DJ 2 Play with smoker 15,000/-

Lounges 250/- to 450/- (Depends upon the Environment)

Lightening 10,000/- to 50,000/- (Depends upon the Décor)

Normal Fan 400/- (Per Fan)

Round Table 75/- (Per Table)

We will be charging a amount of 20% From the Vendor on the basis of the business we have

provided them.

Waiter & Supporting StaffSupporting Staff (Labour) 400/- per Function

Waiters Female 500/- per Function

Permanent servers 8,000/- per month

Capital ExpensesCutlery 306,500/-

Marketing Expense 50,000/-

UPS 25,000/-

Office Board 10,000/-

Advance Payment of Office 50,000/-

Furniture 15,000/-

Air Conditioner 30,000/-

Other Expenses 15,000/-

Uniform Expenses 1,900/-

Total Capital Expenses 512,400/-

Fixed ExpensesRent 25,000/-

Staff 8,000/-

Utility 8,000/-

Warehouse 4,000/-

Entertainment 2,000/-

Cook 500 per Daigh (Depends upon the Cooking)

Total 47,000/-

Variable ExpensesFemale Waiters 500/- per Function

Support Staff 400/- per Function

Transportation Cost 2,000/- per Function App

Security 6,000/- per Function App

Total 9,050/-

Chicken Quroma DaighChicken (130+30) =1,600/-

Pieces and other things =1,000/-

Gasoline =400/-

Labour =500/-

Total Cost =3,500/-

Selling Price =6,000/-

Profit =2,500/-

* Chicken Quorma daigh includes 10 Kg of Chicken

Chicken Biryani DiaghChicken (130+30) =1,280/-

Rice (100) =1,200/-

Gasoline =400/-

Labour =500/-


Total Cost =4,380/-


Profit =1,620/-

* Chicken biryani Daigh Includes10 Kg Rice & 8 Kg of Chicken

Mutton Quroma DaighMutton (600) =6,000/-

Gasoline =400/-

Labour =500/-

Pieces & other things =1,000/-

Total Cost =7,900/-


Profit =1,100/-

* Mutton Quorma daigh includes 10 Kg of Mutton

Mutton Biryani DaighMutton (600) =4,800/-

Rice (100) =1,200/-

Gasoline =400/-

Labour =500/-


Total Cost =7,900/-


Profit =1,100/-

* Mutton biryani Daigh Includes10 Kg Rice & 8 Kg of Mutton

Profit Margin per UnitProduct Cost Price Profit

Bar B Q 95/- 200/- 105/-

Drinks 13.50/- 25/- 11.50/-

Water 19/- 25/- 6/-

Tea 15/- 25/- 10/-

Soup 35/- 50/- 15/-

Salad 20/- 45/- 25/-

Dessert 40/- 60/- 20/-

Nan 20/- 25/- 5/-

* For Bar B Q we take 600 Grams of the Chicken

Practical test of 100 Menu Chicken

Product & Computations Profit

Chicken Quroma 2500/Daigh x 2 5,000/-

Chicken Biryani 1620/Daigh x 2 3,240/-

Drinks 11.50 x 150 1,725/-

Water 6 x 125 750/-

Dessert 20 x 100 2,000/-

Nan 5 x 125 625/-

Canopy 40 x 100 4,000/-

Salad 25 x 100 2,500/-

Total Profit from Food & Beverages 19,840/-

Extra Basic Arrangements 20% Profit

Lightening(20,000) 4,000/-

Generator(10,000/- 50KV) 2,000/-

Décor(25,000) 5,000/-

Fans(12 fans x 400) 1,000/-

Total Revenue 31,840/-

Expenses

4 Daigh x 500 (2,000/-)

4 female waitress (2,000/-)

3 Supporting Staff (1,200/-)

Total Profit App 26,840/-

Practical test of 200 Chicken Menu




Drinks 11.50 x 300 3,450/-

Water 6 x 250 1,500/-

Dessert 20 x 200 4,000/-

Nan 5 x 250 1,250/-

Canopy 40 x 200 8,000/-

Salad 25 x 200 5,000/-



Lightening(25,000) 5,000/-

Generator(15,000/- 50KV) 3,000/-

Décor(30,000) 6,000/-

Fans(20 fans x 400) 1,600/-


Expenses

8 Daigh x 500 (4,000/-)



Transportation (1,500/-)

Total Profit App 42,380/-

Practical test of 300 Chicken Menu




Drinks 11.50 x 400 4,600/-

Water 6 x 350 2,100/-

Dessert 20 x 300 6,000/-

Nan 5 x 350 1,750/-

Canopy 40 x 300 12,000/-

Salad 25 x 300 7,500/-



Lightening(28,000) 5,600/-

Generator(25,000/- 100KV) 5,000/-

Décor(30,000) 6,000/-

Fans(20 fans x 400) 1,600/-


Expenses

10 Daigh x 500 (5,000/-)




Total Profit 63,850/-

Practical test of 200 Mutton Menu


Mutton Quroma 1100/Daigh x 4 4,400/-

Mutton Biryani 1100/Daigh x 4 4,400/-

Drinks 11.50 x 300 3,450/-

Water 6 x 250 1,500/-

Dessert 20 x 200 4,000/-

Nan 5 x 250 1,250/-

Canopy 40 x 200 8,000/-

Salad 25 x 200 5,000/-



Lightening(25,000) 5,000/-

Generator(15,000/- 50KV) 3,000/-

Décor(30,000) 6,000/-

Fans(20 fans x 400) 1,600/-


Expenses

8 Daigh x 500 (4,000/-)




Total Profit 34,700/-

The above mentioned profit may change due to change in the dynamics of the market

Per Unit CostProduct Cost Price Profit

Chicken Quroma 87.5/- 150/- 62.5

Chicken Biryani 104/- 150/- 46/-

Mutton Quroma 197/- 225/- 28/-

Mutton Biryani 197/- 225/- 28/-

Bar B Q 95/- 200/- 105/-

Drinks 13.50/- 25/- 11.5/-

Water 19/- 25/- 6/-

Tea 15/- 25/- 10/-

Salad 20/- 45/- 25/-

Soup 35/- 50/- 15/-

Desert 40/- 60/- 20/-

Nan 20/- 25/- 5/-

Costing Per Menu• Costing & Pricing Chicken

Product Cost

Chicken Quorma 87.5/-

Chicken Biryani 104/-

Salad 25/-

Desert 40/-

Drink 13.50/-

Nan 20/-

Water 19/-

Total 304/-

Product Price

Chicken Quorma 150/-

Chicken Biryani 150/-

Salad 45/-

Desert 60/-

Drink 25/-

Nan 25/-

Water 25/-

Total 480/-

• Costing & Pricing Mutton

Product Cost

Mutton Quorma 197/-

Mutton Biryani 197/-

Salad 20/-

Desert 40/-

Drink 13.50/-

Nan 20/-

Water 19/-

Total 506/-

Product Price

Mutton Quorma 225/-

Mutton Biryani 225/-

Salad 45/-

Desert 60/-

Drink 25/-

Nan 25/-

Water 25/-

Total 630/-

We will be Charging 550/- for the Chicken Menu.

&

We Will be Charging 900/- for the Mutton Menu.

The above mentioned rates may change due to the

changes in the package by the customer.

Break Even Analysis

After three months of hard work when we have attained certain attention of the Customer and

everybody will be taking us seriously, After that time of between 8 months to 12 months

we would have recovered the total investment made in Guns ‘N’ Roses.

Future Assessment

• Market is full of Opportunities.• People are getting used to of the Event

planner and thus we can make big profits.• Permanent hiring of the staff and

administrative tools.• Expansion of the business with reforms.• Continues development through research.• Getting out of the vendors in major cost

portions.

Entrepreneurship (To become a Business Personel)

Education

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