Holiday Homework ( Class 12 Entrepreneurship)

Date :22.5.2020

Class 12

Holiday Homework

SUBJECT: ENTREPRENEURSHIP BUSINESS PLAN PROJECT

          1.     Cover Page

2.     Acknowledgement

3.     Index

4.     Your Business/Product idea (how did you get the idea?)

5.    

u

Nature of Business (  Prod   ct / Service/ Trading)

6.     Feasibility study: market/ technical/ financial/organization feasibility

7.    EXECUTIVE SUMMARY

·       Name of your Business

·       Brand Name, Brand Mark, Trade Mark

·       Logo

·       Tag Line ( Questions/ Statements/ Exclamation)

8.    MARKETING PLAN

·       Analysis of competitors ( Are there similar products or services in the market?)

·       SWOT analysis

·       Target customers

·       Sales promotion technique (just mention the tools of promotion mix which you will be using)

·       Future outlook and trends ( demand estimation)

·       Packaging (Eco friendly desirable)

·       Distribution channel (Direct/Indirect): How do you intend reaching your customers?

·       Quality Check: What does quality mean for your product or service? (ISI, AGMARK, FPO etc.)

9.    FINANCIAL PLAN :

·       FUNDS: Own fund/ Borrowed fund

·       What is the cost per unit of your product or service? ( also show the computation or explain the logic)

·       What is your Selling Price and your reason for it?

·       COSTS:Working Capital +Operational Cost ( Fixed Cost + Variable Cost)

·       Working Capital/ Start up cost: Land, Building, Computers, Equipments,

Machinery, Vehicles Vessels, Software, Registration, Inauguration

Ceremony, Raw materials, Salary during initial period, Rent advance etc.

·       How would you meet your start up costs? ( Be realistic)

·       Fixed Cost: Consultancy charges, Salary, Rent, Insurance, Travel, Telephone, Water, Office lighting, office stationary, Office Welfare, Advertising etc. ( Write according to your business and business model)

·       Variable Cost: Raw materials, Packing material, Freight inward and outbound, Sales Commission, Royalty, Factory power, Piece rate (wages paid based on production)

·       What are the likely risk factors in your business and how do you mitigate them?

·       Show one month’s profit and loss statement for the first month of the second year, covering the following main items:

S. No.	Particulars	Units	Rupees
a)	Sales
b)	Cost of sales
c)	Gross profit=a-b
	Fixed expenses (cash)
	Salaries
	Rent
	Utilities
	Monthly interest only on the loan taken
	Transport
	Miscellaneous
d)	Total Fixed expenses (cash)
e)	Depreciation (non-cash)
f)	Total Fixed exp (cash & non-cash)= d+e
g)	Operating profit or loss= c-f
h)	Taxes = use 25% on profits only
i)	Net profit/ or loss= g-h

10. What is the break-even point of your business? Show the computation assuring the selling price and units which will be sold.

Please go through the above and start planning about your Project