Date post: | 30-May-2018 |
Category: |
Documents |
Upload: | ashuupdate |
View: | 216 times |
Download: | 0 times |
of 20
8/14/2019 Tv With Memory Card
1/20
ENTREPRENEURSHIP PROJECT
TV WITH MEMORY CARD
A Business Plansubmitted in partial fulfillment of
the requirements for theDegree of Bachelor of Technology
Under XXX
By
XXXXXX
Under the guidance
XXXX
ABSTRACT
People are highly benefited with the advanced technologies, which are not only
economical in cost but also possess better durability.
Television is an electronic commodity, commonly used as a household appliance. It
is the most common entertainment package, which is a must in everyday life. People
can watch movies, daily soaps and news through this medium. But a TV with
memory card performs the dual purpose of supplying entertainment coupled with
storage facilities. This technology was already implemented in computers. A TV
having memory card can be programmed in such a way that it can store any TV
program at any time we want. It is applicable for all middle class and high class
8/14/2019 Tv With Memory Card
2/20
ENTREPRENEURSHIP PROJECT
urban dwellers. This concept definitely has a new feel to it, which would surely
generate mass appeal among the customers.
8/14/2019 Tv With Memory Card
3/20
ENTREPRENEURSHIP PROJECT
ACKNOWLEDGEMENT
We express our deep sense of gratitude to XXX, our Project Advisors, for their
valuable guidance and constant unfailing encouragement for completing this project.
We are also grateful to our friends for tirelessly and patiently pursuing us to finish this
report without whose help completion of the project report was the next thing to
impossible.
Finally, I would like to thank Mr. XXX for providing us a properenvironment for the completion of the report.
XXX
TABLE OF CONTENTS
ABSTRACT ....................................................................................................................i
ACKNOWLEDGEMENT ............................................................................................iii
TABLE OF CONTENTS ..............................................................................................iii
8/14/2019 Tv With Memory Card
4/20
ENTREPRENEURSHIP PROJECT
1. GENERAL INFORMATION .................................................................................... 1
Name of the Entrepreneurs : ......................................................................................................... ........ 1
Proposed Project: ........................................................................................................................... .......1
Major Product / Services: ......................................................................................................................1
Proposed Location: ..................................................................................................................... ......... .1
Type of Organization: .......................................................................................................................... .12. ENTREPRENEUR PROFILE: .................................................................................. 1
3. TYPE OF THE PRODUCT/SERVICES: .................................................................. 2
3.1 Type of the Project : ......................................................................................... 2
3.2 Product / Services Description : ...................................................................... 2
3.3 Major Consumers : .......................................................................................... 2Present Demand and Supply of the Product Competition: .................................................... ........ .......2
Competition: ..........................................................................................................................................3
Target Clients: .......................................................................................................................................3
Marketing Strategy(USP): .....................................................................................................................3
Technical Know How Availability: .................................................................................................... ..3
Step by Step Description: ......................................................................................................................3Flow Chart: .......................................................................................................................... ......... ........5
Number of Working Days per Annum: .................................................................................................6
Number of Working Shifts: ................................................................................................................... 6
Installed Capacity (%): ..........................................................................................................................6
Utilized capacity (%): ................................................................................................................... ........6
4. DETAILS OF THE PROPOSED PROJECT ............................................................. 7
Land and Building: ...............................................................................................................................7
Machineries / Equipments: ...................................................................................................................7
(C) Miscellaneous Fixed Assets: ......................................................................................................7
(D) Preliminary and Pre Operative Expenses : ................................................................................. ....8
Sales Revenue: .................................................................................................................................... .8
Raw Material: .......................................................................................................................................8(G) Utilities: ..................................................................................................................................... .8
(H) Man Power (Salaries/Wages): ...................................................................................................9
(I) Repairs and Maintenance: .............................................................................................................9
(J) Selling and Distribution Expenses: ...............................................................................................9
(K) Administrative Expenses: ............................................................................................................9
(L) Interest: ...................................................................................................................... ......... ........10
(M) Depreciation: .............................................................................................................................10
5. WORKING CAPITAL .............................................................................................11
6. TOTAL COST OF THE PROJECT .........................................................................12
7. MEANS OF FINANCE ........................................................................................... 13
.............................................................................................................................13
8. PROFITABILITY PROJECTIONS .......................................................................14
9. BREAK EVEN POINT ............................................................................................15
10. REFERENCES .......................................................................................................16
8/14/2019 Tv With Memory Card
5/20
ENTREPRENEURSHIP PROJECT
1. GENERAL INFORMATION
Name of the Entrepreneurs :
XXXXXX
Proposed Project:TV with memory card.
Major Product / Services:Household Appliance
Proposed Location:Bhubaneswar
Type of Organization:Medium scale unit
2. ENTREPRENEUR PROFILE:
8/14/2019 Tv With Memory Card
6/20
ENTREPRENEURSHIP PROJECT
3. TYPE OF THE PRODUCT/SERVICES:
3.1 Type of the Project : TV having an in-built memory card.
3.2 Product / Services Description :Household appliance with storage facilities targeted mainly at
urban customers.Depending upon the size of the memory card
used, viewers will be able to store movies, audios and missed
soap operas.
3.3 Major Consumers :Urban customers
MARKET POTENTIAL
Present Demand and Supply of the Product Competition:
Present demand is there mainly in urban areas for working people.Competitors are Videocon , LG , Samsung .But in Orissa there are no manufacturers
8/14/2019 Tv With Memory Card
7/20
ENTREPRENEURSHIP PROJECT
Competition:
There is no competition in the present market as there are no players in the market.
Target Clients:
Our main target clients are generally the middle class and the higher class families in
all major cities of India.
Marketing Strategy(USP):
The Marketing Strategy will be advertising the product in the media and by
companys representatives by visiting various target clients and by making them
aware of the features, application and the type of technology used in product.
MANUFACTURING PROCESS
Technical Know How Availability:
The basic knowledge of electronics and advanced communication systems is
necessary. We also require business management knowledge to handle the company
progress and analyze the loopholes and overcome them. Awareness of
microcontrollers and database management system is required.
Step by Step Description:
1. The initial step is sourcing the microcontrollers, JK flip-flops and timers.
2. Then, the entire set-up is integrated on 1 board.
3. A plastic casing is provided as a cover for the entire set-up.
4. Output pins are provided from the plastic casing.
8/14/2019 Tv With Memory Card
8/20
ENTREPRENEURSHIP PROJECT
5. The memory card is now ready to be used.
6. The TV cabinet cover is opened.
7. The memory card is slotted to the logical circuitry of the TV.
8. The cabinet cover is closed and the T is ready to be used.
9. The desired channels are surfed to get the content.
10. The favourite programmes to be viewed later, are stored as per the time set
8/14/2019 Tv With Memory Card
9/20
ENTREPRENEURSHIP PROJECT
Flow Chart:
PLC microcontroller, JK flip-flops,timers are taken
Start
The entire setup is integrated on 1
board
A plastic casing is provided
Output pins are provided from the
casing
The memory card is ready
TV cabinet cover is opened
The memory card is joined to the
logical circuitry
The favourite song,movie is stored
as per the time set and viewed later
Stop
The desired channels are surfed
The cabinet is closed and TV isready to be used
8/14/2019 Tv With Memory Card
10/20
ENTREPRENEURSHIP PROJECT
PRODUCTION SCHEDULE
Number of Working Days per Annum:The Firm will remain open for all weekdays except Sundays and National
holidays. Number of working days per annum=300 days.
Number of Working Shifts:2 shifts
Installed Capacity (%):10 TVs per day =>3000 TVs per annum.
Utilized capacity (%):I -year- 40%- 4 TVs per day -1200 TVs per year
II -year- 50%- 5 TVs per day -1500 TVs per year
III -year- 60%- 6 TVs per day -1800 TVs per year
Sr. No. ITEM Quantity
produced per year
Capacity
Utilization
1. TV without
memory card
03 per day
=900TVs per
annum
60%
2. TV with memory
card
03 per day =900
TVs per annum
60%
8/14/2019 Tv With Memory Card
11/20
ENTREPRENEURSHIP PROJECT
4. DETAILS OF THE PROPOSED PROJECT
Land and Building:
Sr. No. Particular Area Required Total Value Remarks
1.
2.
Land
Building
4 acres
2acres Plant
1 acres Admin
office
1 acre for
transportation
Rs.20,00,000
Rs. 10,00,000
Rs. 5,00,000
Rs. 2,00,000
Total: Rs. 37,00,000
Machineries / Equipments:
Sr. No. Description Nos. Required Rate(Rs.) Total Value(Rs.)
1. Computer 10 30,000 3,00,000
2. Printer 05 6,000 30,000
3. Scanner 02 4,000 8,000
4. Fax 1 5,000 5,000
Total: 3,43,000
(C) Miscellaneous Fixed Assets:
Sr. No. Description Nos. Required Rate(Rs.) Total Value(Rs.)
1. Furniture T(20),C(20) 1,000 40,000
2. Coffee Maker 1 5,000 5,000
3. A.C. 5 20,000 1,00,000
4. Furniture for factorycanteen
10sets 5000 50,000
5. Motor vehicles
(For raw material
and finished product
marketing)
2 cars
2 trucks
5,00,000
8,00,000
10,00,000
16,00,000
Total: 27,95,000
8/14/2019 Tv With Memory Card
12/20
ENTREPRENEURSHIP PROJECT
(D) Preliminary and Pre Operative Expenses :
Sr. No. Particulars Amount (Rs.) Remarks
1.
2.
3.
Interest during
implementation
Establishment
Expenses
Start-Up
Expenses
Yearly interests @
10% PA=10,00,000 on
1,00,00,000 term
loan
20,00,000
5,00,000
Misc. expenses
Total 35,00,000
Sales Revenue:
Year ITEMS Quantity
sold/year
Rate per unit Sales
Realization
No.1 900 14,000 1,26,00,000
No.2 900 20,000 1,80,00,000
Total 3,06,00,000
Raw Material:
Sl.No. All ITEMS Quantity Rate Total value per year
1. No.1 - 4,000 per set 4,000*900=36,00,000
2. No.2 - 7,000 per set 7,000*900=63,00,000
Total 99,00,000
(G) Utilities:
Sr. No. Particulars Annual Expenditure(Rs) Remarks
1.
2.
3.
4.
Power/Electricity
Water
Coal/Oil/Stream
Any other item
1,00,000
10,000
---------
50,000
Total 1,60,000
8/14/2019 Tv With Memory Card
13/20
ENTREPRENEURSHIP PROJECT
(H) Man Power (Salaries/Wages):
Sr.
No.
Particulars No. Wages/Salaries per
Month(Rs.)
Annual
Expenses(Rs)
1.
2.
3.
4.
5.
Skilled
Semi Skilled
Unskilled
Office Staff
Any Other
05
20
6
20,000
8,000
5,000
1,00,000
1,60,000
30,000
Total 2,90,000
(I) Repairs and Maintenance:
Sr.
No.
Particulars Amount(Rs)
1. Computer and Electronic goods 20,000
(J) Selling and Distribution Expenses:
Sr.No
Particulars Amount(Rs) Remarks
1.
2.
3.
Publicity Expenses
Traveling
Freight
Total
1,00,000
50,000
10,000
1,60,000
(K) Administrative Expenses:Sr.
No
Particulars Amount(Rs) Remarks
1.
2.
3.
Stationery & Printing
Post/Telephone/Telegrams
Entertainment Expenses
Total
20,000
50,000
20,000
90,000
8/14/2019 Tv With Memory Card
14/20
ENTREPRENEURSHIP PROJECT
(L) Interest:
Year Outstanding
Loan Amount
(Rs)
Interest Instalment(Rs) Balance(Rs)
1 1,00,00,000 10,00,000 5,00,000 5,00,000
(M) Depreciation:
Sr.
No.
Type of Asset Cost of Asset Expected Life Depreciation
1. Computer 30,000 5 yrs 15,000
2. Factory 5,00,00,000 20yrs 25,00,000
3. Office 27,00,000 10yrs 2,70,000
8/14/2019 Tv With Memory Card
15/20
ENTREPRENEURSHIP PROJECT
5. WORKING CAPITAL
Sr. No. ITEM Rs.1.
2.
3.
4.
5.
Raw-Material
Salary/Labour
Administrative expenses
Repairs and maintenance expenses
Selling and Distribution expenses
5,00,000/month
2,90,000/month
90,000/month
20,000/month
1,60,000/month
8/14/2019 Tv With Memory Card
16/20
ENTREPRENEURSHIP PROJECT
6. TOTAL COST OF THE PROJECT
Sr. No. Particulars Total Value(Rs.)1.
2.
3.
4.
Fixed Capital
Working Capital margin
Preliminary & Pre-operative
Expenses
Cost escalation and contingencies
68,38,000
20,30,000
35,00,000
5,00,000
Total 1,28,68,000
8/14/2019 Tv With Memory Card
17/20
ENTREPRENEURSHIP PROJECT
7. MEANS OF FINANCE
Sr. No. Particulars Amount
(Rs.)
Remarks
1.
2.
3.
4.
Own Investment
Term Loan
Working Capital Loan
Any Other Source
50,00,000
1,00,00,000
Total: 1,50,00,000
8/14/2019 Tv With Memory Card
18/20
ENTREPRENEURSHIP PROJECT
8. PROFITABILITY PROJECTIONS
Sr. No. Particulars Amount (Rs.)
1
2
3.
Annual Sale Realization
Cost of Manufacturing/ Servicing
Raw Material
Utilities
Salaries/Wages
Repairs & Maintenance
Selling & Distribution
Expenses
Administrative ExpensesInterest
Rent
Depreciation
Misc. Expenses
Total
Gross Profit/Loss(1-2)
3,06,00,000
99,00,000
1,60,000
34,80,000
20,000
1,60,000
90,0005,00,000
3,60,000
27,85,000
1,45,000
1,76,00,000
1,30,00,000
8/14/2019 Tv With Memory Card
19/20
ENTREPRENEURSHIP PROJECT
9. BREAK EVEN POINT
Break Even Point= ((Fixed cost)*100)/ (fixed cost + profit)
= (68,38,000)*100/ (68,38,000+1,30,000)= 34.4
8/14/2019 Tv With Memory Card
20/20
ENTREPRENEURSHIP PROJECT
10. REFERENCES
1. Hisrich Robert D. , Peters Michael P. , Shepherd Dean A. ,Entrepreneurship,
6th ed. (McGraw-Hill, 2007)..
2. Google Book Search
@ Source: http://books.google.co.in/books.
3. www.optionsforchange.com