Final Busines Plan

8/9/2019 Final Busines Plan

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Presented at:

Youth unite 2010

Business plan


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www.ourway.co.in

a way to your desires

GROUP MEMBERS

Mahek Meharchandani (9921063725)304, malika Mahal

Section-30AUlhasnagar - 421004

Harsha suchdev (9665030600)

301, new regency parkManish nagar,

Ulhasnagar - 421003

Anjali punshi (9766094402)

Bk. No.575, room no.6

o.T. secUlhasnagar - 421002


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ACKNOWLEDGEMENT

Before presenting the Business, we hereby place our acknowledgment

towards those without them the project was not possible.

We are deeply indebted towardsProfessor Sunil Lalchandanifor giving us

Opportunity to work on this project

we express our profound gratitude to our professor for their valuable

Guidance and encouragement and also for their general co-operation,

Expert comment, generous hospitality and guidance

extended towards us, which has been a great source of inspiration

to us through out the course of the project

Even if we put all our effort to the concise, the word of

Acknowledgement itself will require more space then rest

of the report. Though it is impossible to acknowledge to help of

each and every person individually with in the limited space

available. we have tried to subsume everybodys name that has

made our project successful, we think all those who are associated

with us in completing the project, formed the stepping stone

in the project.


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PG. NO. TOPICS SR.NO.

1 Preface 1

2 Introduction 2

3 Capital 3-4

4 Products 5

5 Departmentation 6-12

6 How to trade 13-14

7 SWOT Analysis 15

8 Conclusion 16


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PREFACE

The following is a complete plan for starting an business by three partners which couldbe started even along with carrying and job or other business because it only needs one day aweek to commence the entire business.

Although the profits are low as the plan is at the national level but this business plan

is prepared totally under estimated figures and hence larger profits can be earned as thebusiness settle in the further years

This business plan although covers many things but still the information is limited

only upto certain products and hence we can expect larger profits with the increasing

products. As this plan is prepared considering the initial stage of the business.

It is suitable for all kind of freshiers as it can be conducted very easily and at home

level only.


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INTRODUCTION

Introducing you all, new style of purchasing the products you wish, through our

website. Here, you can buy the products of your choice just by a click.

The commencement of our business is through a website, it is basically based ononline trading of products i.e. we provide goods of different companies at a comparatively

lesser rates. We deal in products of regular use such as perfumes and sprays as well as deal in

women oriented products like cosmetics and jewellery. These products are from well known

companies which are heavily demanded but at cheaper rates and easy door step service.

Our website deals with well known companies such as:-

o Avono Oriflammeo Lakmeo Awanceo Hallmarko Axeo Fao Rassasiso Denevero Maxio Blue lady, and many more

So all you just need to, click the product of your choice and fill the purchase formwith essential details with your current address or the address on which you wish that youre

the goods has to be delivered and product will be delivered at your door step


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CAPITAL

Needless to say that capital is the blood of the business and hence no business can be

started without capital. It is the initial amount with which the business is started. This is an

major advantage of our business that the capital requirement for our business plan is very lessi.e. only Rs. 75,500 combining all three departments

This 75,500 is further divided in to four parts i.e. cost requirement for the website,

marketing, general expenses and for the warehouse. Out of which the last three expenses are

to be made every month where as the cost requirement for the website is made only once in

the lifetime of the business.

This capital is contributed by all the three partners equally. The profits will be divided

as per the department as mentioned earlier. After the actual sales are made these expenses

will be deducted from the gross profit so to calculate the actual net profit of the business.


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CAPITALDISTRIBUTION CHART

DETAILED DESCRIPTION OF EXPENSES

WEBSITE

Particulars Amount

Designing 12,000

Registration 15,000

Total Cost 27,000

Cost per department 9,000

MARKETING

Advertisement Amount

On Beauty site 8,000

On Health site 10,000

On mobile site 9,500

On Tourism site 11,500

Personal contacts 0

Total Cost 39,000


WARE HOUSE

Particulars Amount

Rent 1,500

Electricity of warehouse 800

Labour at warehouse 5,000

Total Cost 7,300


OTHER EXPENSES

Particulars Amount

Stationary 500

Travelling up to post office 1,000

General 700

Total Cost 2,200

Cost per department 733

Capital

Website

Marketing

other

expenses

warehouse


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PRODUCTS

The website basically contains three types of products which are divided as three

departments and are owned by different partners. In all there are 3 departments of the

products which are stored in same warehouse. All these 3 departments are owned by 3different owners.

The profit of each owner is According to the profit of its respective departments.

The details of the ownership is mentioned below:-

Name of department - Perfume Department

Owner of department - MISS MAHEK MEHERCHANDANI

Qualification of owner - Bachelor Of Management Studies

Name of department - Cosmetic Department

Owner of department - MISS ANJALI PUNSHI

Qualification of owner - Bachelor Of management Studies

Name of department - Jewelery department

Owner of department - MISS HARSHA SACHDEV

Qualification of owner - Bachelor Of Management Studies

Thus the ownership of the departments have been structured in the above manner.


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PERFUMES AND DEO DEPARTMENT

As mentioned earlier this department is owned by Ms. Mahek Meharchandani.

This department offers various types of perfumes and deodorants belonging to differenthigh brand companies and at varied prices. The main advantage is that it provides discount

offers, which provides the products at cheaper rate than the market.

It covers the sales chart of perfumes and deodorants of the entire month along with the

expenses chart and thus the calculation of the profit of the department is possible easily.


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Sales chart of perfumes per month (in Rs.)

Perfumes Up to 350 Up to 500 Up to 1000 Up to 2000

Maximum Retail price 350 500 1000 2000

Cost price 275 400 800 1650

Offer given 10% 8% 0% 5%

Offer price 35 40 0 100

Selling price 315 450 1000 1900

Profit earned 40 60 200 250

Estimated Sales 125 pieces 80 pieces 50 pieces 20 pieces

Estimated profit 5,000 4,800 10,000 5,000

Sales chart of deodorants per month (in Rs.)

Deodorants Up to 150 Up to 200 Up to 300

Maximum Retail price 150 200 300

Cost price 115 150 225Offer given 10% 5% 0%

Offer price 15 10 0

Selling price 135 190 300

Profit earned 20 40 75

Estimated Sales (per month) 150 pieces 100 pieces 55 pieces

Estimated profit (per month) 3,000 4,000 4,125

Expense table for perfume and deo department per month (in Rs.)

Expenses Amount

Marketing 13,000

Warehouse 2,433

Other expenses 733

Total Expenses 16,166

Calculation of the profit of the department per month (in Rs.)

Particulars Amount

Gross profit form perfumes 24,800

Gross profit from deodorants 11,125

Total Gross profit 35,925Less : Expenses 16,166

Net Profit of the department 19,759


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JEWELLERY DEPARTMENT

This department is owned by Miss Harsha Suchdev.

It offers artificial jewellery like rings and neck pieces of different varieties. Theclassic Jewellery gives a rich touch to the person wearing it.

This department also contains full financial details of the sales of the jewellery per

month along with the expenses. It is the highest profit making department as the profit margin

is larger. Here you can get n number of rings and neck pieces so that u can select the product

of your choice


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Sales chart of Rings per month (in Rs.)

Rings Up to 500 Up to 750 Up to 1250


Cost price 300 500 1000

Offer given 10% 8% 0%

Offer price 50 60 0



Estimated Sales 55 pieces 40 pieces 20 pieces

Estimated profit 8,250 7,600 5,000

Sales chart of Neck pieces per month (in Rs.)

Neck pieces Up to 1500 Up to 2250 Up to 3000 Up to 4500Maximum Retail price 1500 2250 3000 4500

Cost price 1100 1750 2500 3950



Selling price 1275 2025 3000 4275




Expense table for Jewellery department per month (in Rs.)Expenses Amount

Marketing 13,000

Warehouse 2,433

Other expenses 733



Particulars Amount

Gross profit form Rings 20,850Gross profit from Neck pieces 27,750

Total Gross profit 48,600

Less : Expenses 16,166



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COSMETIC DEPARTMENT

Here is the cosmetic department owned by Miss Anjali punshi

It offers various beauty products like lipsticks, nail paints, eye beauty productsetc. The main advantage of buying these kind of products from ourway.co.in is that it

provides heavy discounts.

Generally at the retail shops the owners can not keep a larger number of

sample pieces to provide options but here one can get more than 100 shades of every lipstick

or nail paint as it does not require any extra capital to keep the stock, here we just have to

upload the photos of all the shades


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Sales chart of lipsticks per month (in Rs.)

Lipsticks Up to 150 Up to 215 Up to 375


Cost price 110 175 250

Offer given 10% 5% 15%

Offer price 15 10 55



Estimated Sales 155 pieces 125 pieces 80 pieces

Estimated profit 3,125 3,750 5,600

Sales chart of Nail paints per month (in Rs.)

Nail paints Up to 100 Up to 150 Up to 225 Up to 300Maximum Retail price 100 150 225 300

Cost price 75 115 185 225



Selling price 100 142 202 255




Sales chart of Eye beauty products per month (in Rs.)Eye beauty products Up to 110 Up to 215 Up to 275 Up to 320

Maximum Retail price 110 215 275 320

Cost price 85 170 165 270



Selling price 110 193 233 304




Expense table for Cosmetics department per month (in Rs.)

Expenses Amount

Marketing 13,000

Warehouse 2,433

Other expenses 733



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Particulars Amount

Gross profit form Lipsticks 12,475

Gross profit from Nail paints 12,265Gross profit from Eye beauty products 12,625

Total Gross profit 37365

Less : Expenses 16,166



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HOW TO TRADE


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STEPS TO TRADE

Visit the website Choose the department Select the product Fill in the buy now form

o Product detailso Credit card details

Receive the product(s) after 7 days


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SWOT ANALYSIS

STRENGTHS

Deals in good quality products of well-known companies Easy online trading Providing products at comparatively cheaper rates Delivery at door step Variety of products at one place Consumer Security

WEAKNESS

Takes comparatively longer time to deliver the goods Needs high budged marketing

OPPORTUNITIES

Large number of customers Wider Business scope Higher demands for products

THREATS

Companies itself providing huge discount rates Duplication of the website

Stre th Weak ess

Opp rtu ities Threats

Sw t Analysis


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CONCLUSION

Journey of growth starts with a

speed ends with a blossom flower

Some thing happen with us when we started the project without any knowledge. But

the stage which we have arrived now have entirely change the perception from this project

we have learnt many things which everyone should adopt in their life to change the complete

environment. The knowledge and experience which we have got cannot be expressed on a

piece of paper but

It is not an end the journey has just began..

Documents

Final Busines Plan