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Pioneer & Events ManagementOrganizer
Mission Statement
To provide full satisfaction to ourcustomers from their conception to
completion by us
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Pioneer & Events ManagementOrganizer
Company Overview
We are highly professional and specialist inWedding function.
Corporate functions.
Private parties & birthday parties.
School/college Functions.
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Pioneer & Events ManagementOrganizer
Services
Dj & sound system.Dance and Dandias rehearsals.
Stage designing & theming.
Flooring & Pattern Designing.
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Pioneer & Events ManagementOrganizer
Competitors
Usmania restaurantIris restaurant
Cuckoos
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Pioneer & Events ManagementOrganizer
Assessments of Risk
Loss of reputation
Financial loss
Damage to facilities
Injury to group member
Over-stressed members/labor Loss of equipment
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Pioneer & Events ManagementOrganizer
Future Trends
Eco-friendly
Site and Location
Innovation and Technology
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MARKET SEGMENTATION
Under 24
Ages 25-55
Ages 56 and above
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Pioneer & Events ManagementOrganizer
SUPPLIER OF RAW MATERIAL
KAMBOOH & CO
RAJPOT AND TENT SERVICES
FARAN & CO
ALI & SONS
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Pioneer & Events ManagementOrganizer
Description of Venture
Our main focus is the customers of Sahiwal and areas thatsurrounds Sahiwal city. We will organize different kinds ofevents for our customers.
Reasons for entering into this business:
Our personal interest into this business
High return of our own choice and commitment
We can easily learn new trends through this business
There is a huge need of event management in Sahiwal thatwill provide all services related to this field
It will also help us to increase our social networking which willprovide bright chances for our business growth
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Marketing Plan
Concept design
Theme and content development
Event site selection
Entertainment Dcor
Audio/visuals
Advertising
Pricing
Promotion
Organizational hierarchyControls
SWOT Analysis
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Pioneer & Events ManagementOrganizer
Organizational Structure
Authorities: Authorities will flow from top level management to middle level and then to
lower level. Top level authority will oversee the work of all other authorities
and will have the power to modify as required after full consideration.
Flow of information:
In our business, Khinza Khalid will receive the order from customers andregister their orders
Abdul Rauf who will provide the whole budget plan to the customer andalso consider the budget of customers.
Hashim Afzal and will arrange all the resources for event management andwill also deal with suppliers of all resources
finally Humaim Sheikh will implement the whole event for the customerand will manage it by giving and transferring resources to the labor.
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Concerns the acquisition,
financing, and managementof assets with some overall
goal in mind.
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What is the optimal firm size?
( partnership)
What specific assets should be
acquired? What assets (if any) should be reduced
or eliminated?
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How do we manage existing assetsefficiently?
Financial Manager has varying degrees ofoperating responsibility over assets.
Greater emphasis on current assetmanagement than fixed assetmanagement.
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Making Financing Decisions
The financial manager must decide whether toraise more money from new and existingownersbyselling more shares of stock(equity) or to borrow the money instead
(debt).What are the pros and cons of issuing debt vs.
equity?
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The Financial Manager
Managing Short-Term Cash Needs The financial manager must ensure that the
firm has enough cash on hand to meet itsobligations at each point in time. This job is
also commonly known as managingworkingcapital.
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What is the Goalof the Firm?
Maximization of
Shareholder Wealth!
Value creation occurs when we
maximize the share price forcurrent shareholders.
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Sources of funds
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Sample Balance Sheet
Cash 50,000 A/P 40,000
Inventory 20,033 Other CL 20,000
Total CL 60,000
Total CA 72,033
Total Liab. & Equity 10,033
Numbers in Rs/-
S l I S
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Sample Income Statement2nd year
Revenues 4,75,000
- Cost of Goods Sold (3,37227)
- Expenses (1,13,000)
+ other income 1,200
EBIT 25,973
Authorized share 10
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Categories of Financial Ratios
Short-term solvency or liquidity ratios
Long-term solvency or financialleverage ratios
Asset management or turnover ratios
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Current Ratio = CA / CL
72,033 / 60,000 = 1.21 times
Quick Ratio = (CA Inventory) / CL
(72,033 25,973 ) / 60,000 = .77 times
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Total Debt Ratio = (TL / TA)
(60,000 / 72,033 ) = .833 times or %
The firm finances slightly over 83% of their
assets with debt.
Debt to equity = (TL/ STAKE EQUITY)
( 60,000 / 10,033) = 5.98 times
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Computing Inventory Ratios
Inventory Turnover = Cost ofGoods Sold / Inventory
3,03,137 / 53,260 = 5.69 times
Days Sales in Inventory = 365 /Inventory Turnover
365 / 5.69 = 64 days
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Profitability ratio
Return on investment
Net profit / TA
25,973/72,033= 36.1%
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Break-Even Analysis
Total Fixed Costs = $1,000.00
Variable Costs per Competitor = $15.00
Competition Entry Fee =$20.00
Less : Variable Costs per Competitor = $15.00
Contribution of each Competitor towards Fixed Costs= $5.00
No of competitors required is 1000/5 = 200
Formula for Break-Even Point = Fixed Costs
Price - Variable Costs