Theoretical Distributions In Business Statistics 15 October

www.afterschoool.tk AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

BUSINESS PLAN - ANTIQUE FURNITURE

AFTERSCHOOOL – DEVELOPING CHANGE MAKERS

CENTRE FOR SOCIAL ENTREPRENEURSHIP PGPSE PROGRAMME –

World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship

OPEN FOR ALL FREE FOR ALL


BUSINESS PLAN - ANTIQUE FURNITURE

Dr. T.K. Jain.AFTERSCHOOOL

Centre for social entrepreneurshipBikaner

M: [email protected]

www.afterschool.tkwww.afterschoool.tk

http://www.afterschool.tk/

http://www.afterschoool.tk/


OBJECTIVES. . .. To sell antique furnitures all over the world To sell standardised furnitures, which antique

looks To sell furtnitures, which can be easily

assembled or packed or taken from one place to another

To sell very premium range pure wood furniture


Project concept. . . Prepare wood pieces, which can be

assembled at local level. Wood pieces should give antique look Wood pieces should be decorated by

classical paintings - may be by USTA artists or Miniature painters

Wood pieces should be properly packed. The wood pieces will contain carvings.


INVESTMENTS. . . Latest plants for cutting, carving of the

wood (estimated cost of total machinery Rs 1.

Crores) We will need moulds for paintings on the

wood Estimated costs Rs. 20 lakhs for all the

moulds, and accessories.


KSF (critical success factors) We shall need very highly skilled

painters, and artists, who will prepare new designs, and put golden designs on the wooden pieces.

Product will be marketed to 5 star hotels, restrautant chains, upper class customers, etc.


Project viability . . . We shall make Tables, dining tables, group

tables, dressing table,chairs and show pieces (only standard sizes).

Estimated cost of wood per chair will be Rs. 500, for tables Rs. 2500 per piece. Costs of carvings, paintings etc. will be about 1000 on chair and 3000 on table. The sale price per chair and table would be Rs. 10000 and Rs. 25000 per piece, with discount schemes.


Project viability. . . The catalogue of the product will be

exhibited at conferences and exhibitions. Individual contacts will also be made with big showrooms for marketing the products.


Marketing . . Proper marketing is crucial. Proper brand

building is also important. We expect that initially, we have to spend Rs. 2 Crore in advertising, marketing etc. We should treat it in next 10 years. Thus per year 20 lakhs should be debited to this head. In addition, we will have to spend Rs. 40 lakhs on other marketing expenses (conferences, exhibitions, one senior marketing consultant & one marketing staff). Thus monthly marketing expenses are Rs. 5 lakhs.


Expected earnings. . In the first month, we expect to start with

production of 100 pieces of chairs and 25 pieces of tables. As we are able to establish, we are able to increase our market size.

Variable Costs : 100 * 1500 + 25*3000 = 225000

Sales = 100*7500+25*20000=1250000 Interest and fixed expenses = (1.8 lakh + 5

lakhs) Monthly profit = 3,45,000.


Obectives . . . To set up a plastic recyling plant and to

enable proper use of plastic To create awareness about plastic –

uses and harms To earn profits by selling recycled

plastics To promote all the initiatives for proper

recycling of plastics to save our earth.


CAPACITY 46 million pounds, and it will utilize post-consumer

bottle feed stock, which is 200 million pounds per year. The Company will be vertically integrated, and use almost all of its recycled material in its Packaging Division. Any surplus materials (clean flake) produced will be sold to outside companies. The extruded sheet may then be sold to manufacturers, who will thermoform it into high-visibility packaging or use it in other high value added manufacturing operations. The strapping will be sold to companies who ship large packages or pallets, such as the lumber milling industry.


TECHNOLOGY We will create a plant (actual facilities to be shared with the

Recycling Division) to manufacture extruded plastic roll stock sheet or high-strength strapping, employing state-of-the-art technology developed to utilize recycled PET resin.

The extruded sheet will be primarily sold to thermoformers who will convert it into high visibility packaging, as well as laminators and fabricators. The strapping will be sold to commercial users for use as package or pallet strapping.

Cleaned and recycled plastic PET flake (RPET), recovered from post-consumer beverage bottles and manufacturing waste produced by its sheet customers

Extruded roll stock sheet PET. Extruded PET high-strength strapping for securing large

packages or pallet loads; each using 100% RPET produced in-house


PROJECT COST AND DETAILS. . Anticipated value of plants and

machinery = Rs. 1.5 crore Anticipated production per annum 46

million pounds of capacity. Anticipated cost of working capital = 50

lakhs. Anticipated cost of office furnishing,

marketing setup etc. 50 lakhs


Returns expected: The cost of raw material = Rs. 7 per KG

(we shall buy used plastic bottles etc. ) We expect that we shall be able to

produce 20% recycled plastics out of this. In the initial phase, the production will be less. We expect that in the first month, we shall buy 1 million KG of raw material, which will give us 2 Lakh KG of strappings.


Estimated costs and benefits. . . Our fixed expenses are as under: Interest on 2.5 crores of capital @ 16%

per annum = 40 lakhs Salary of staff = 30 lakhs Wages etc. = 10 lakhs Others = 90 lakhs Total = 1.7 crores.


BEP CALCULATION. We expect that we shall be able to sell

strippings @ 50 per KG to wholesalers all over the world.

Our costs per kg are as under: (7 * 5 = 35 + electricity charges,

chemical charges etc. ) = 42 per KG. Thus contribution is Rs. 8 Per Kg.


BEP. . 1.7 crores / Rs. 8 =17000000/8 =2125000 or 22 lakh KG. We hope to achieve break even in the

first year itself. (at least 2 lakh KG per month will give 24 lakh KG).


SCALABILITY OF PROJECT. . We shall be able to sell our products all

over the world – as we shall be using international standards. We shall be able to increase sales at a fast rate. In the first year, our production and sales will be less (due to limited contacts with buyers and suppliers).


Future benefits. . We expect that we shall be able to

increase price @ 15% per annum, but raw material cost will also increase by 12% (with present inflation rate in perspective). Thus every year our net gain will increase by 3%. We shall also able to increase our production by 25% every year for first 4 years,


Profits during first 4 years. . thus our estimated profits in next 4 years

will be as under: First = Break Even (no profit no loss) 2nd year = (sales 2800000*57 –

(28000000+11200000*8) = 4 crores approx. 3 rd year = (sales 3500000*65 –

(30000000+14000000*8) = 8 crores approx. 4th year = 4400000*65 –

(34000000+17600000*8) = 11.12 crores


ABOUT AFTERSCHOOOL Afterschoool conducts three year integrated PGPSE (after

class 12th along with IAS / CA / CS) and 18 month PGPSE (Post Graduate Programme in Social Entrepreneurship) along with preparation for CS / CFP / CFA /CMA / FRM. This course is also available online also. It also conducts workshops on social entrepreneurship in schools and colleges all over India – start social entrepreneurship club in your institution today with the help from afterschoool and help us in developing society.


Why such a programme? To promote people to take up entrepreneurship

and help develop the society To enable people to take up franchising and

other such options to start a business / social development project

To enable people to take up social development as their mission

To enable people to promote spirituality and positive thinking in the world


Who are our supporters? Afterschoolians, our past beneficiaries,

entrepreneurs and social entrepreneurs are supporting us.

You can also support us – not necessarily by money – but by being promotor of our concept and our ideas.


About AFTERSCHOOOL PGPSE – the best programme for developing great entrepreneurs

Most flexible, adaptive but rigorous programme Available in distance learning mode Case study focused- latest cases Industry oriented practical curriculum Designed to make you entrepreneurs – not just an

employee Option to take up part time job – so earn while you

learn The only absolutely free course on internet


Workshops from AFTERSCHOOOL IIF, Delhi CIPS, Jaipur ICSI Hyderabad Branch Gyan Vihar, Jaipur Apex Institute of Management, Jaipur Aravali Institute of Management, Jodhpur Xavier Institute of Management, Bhubaneshwar Pacific Institute, Udaipur Engineering College, Hyderabad


Flexible Specialisations: Spiritualising business and society Rural development and transformation HRD and Education, Social Development NGO and voluntary work Investment analysis,microfinance and inclusion Retail sector, BPO, KPO Accounting & Information system (with CA / CS /CMA) Hospital management and Health care Hospitality sector and culture and heritage Other sectors of high growth, high technology and social

relevance


Salient features: The only programme of its kind (in the whole world) No publicity and low profile course For those who want to achieve success in life – not just a degree Indepth knowledge and expertise Professional approac: World class approach Strong intellectual and business capabilities Flexible – you may stay for a month and continue the rest of the

education by distance mode. / you may attend weekend classes Scholarships for those from poor economic background Latest and constantly changing curriculum – keeping pace with

the time Placement for those who are interested Admissions open throughout the year Latest and most advanced technologies, books and study material


Components Pedagogy curriculum and approach based on IIM Ahmedabad and ISB

Hyderabad (the founder is alumnus from IIMA & ISB Hyderabad) Meditation, spiritualisation, and self development Essential softwares for business Business plan, Research projects Participation in conferences / seminars Workshops on leadership, team building etc. Written submissions of research projects/articles / papers Interview of entrepreneurs, writing biographies of entrepreneurs Editing of journals / newsletters Consultancy / research projects Assignments, communication skill workshops Participation in conferences and seminars Group discussions, mock interviews, self development diaryng Mind Power Training & writing workshop (by Dr. T.K.Jain)


Pedagogy Case analysis, Articles from Harvard Business Review Quiz, seminars, workshops, games, Visits to entrepreneurs and industrial visits Presentations, Latest audio-visuals Group discussions and group projects Periodic self assessment Mentoring and counselling Study exchange programme (with institutions out of India) Rural development / Social welfare projects


Branches AFTERSCHOOOL will shortly open its

branches in important cities in India including Delhi, Kota, Mumbai, Gurgaon and other important cities. Afterschooolians will be responsible for managing and developing these branches – and for promoting social entrepreneurs.


Case Studies We want to write case studies on social

entrepreneurs, first generation entrepreneurs, ethical entrepreneurs. Please help us in this process. Help us to be in touch with entrepreneurs, so that we may develop entrepreneurs.


Basic values at afterschoool Share to learn more Interact to develop yourself Fear is your worst enemy Make mistakes to learn Study & discuss in a group Criticism is the healthy route to mutual support and

help Ask fundamental questions : why, when, how &

where? Embrace change – and compete with yourself only


www.afterschoool.tk social entrepreneurship for better society

http://www.afterschoool.tk/

Theoretical Distributions In Business Statistics 15 October

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Transcript of Theoretical Distributions In Business Statistics 15 October