ashwini prjct

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Preparation of a Project Report and a Market Survey Report on

a proposed enterprise: Silver Star Polishing Enterprise

Submitted by

ASHWINI ANIL

Class:12 ARTS

Subject: ENTREPRENEURSHIP

THE INDIAN HIGH SCHOOL

DUBAI

MAY 2011


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THE INDIAN HIGH SCHOOL, DUBAI

BONAFIDE CERTIFICATE

This is to certify that the compiled work is the bonified work of

Miss Ashwini Anil of class 12 Arts A on the Preparation of a Project

Report for an Enterprise.

Teacher In-charge

Internal Examiner

External examiner


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Acknowledgements

I would like to thank ma entrepreneurship

teachers Mrs. Ancy for giving ma opportunity for

doing this project. I would like to thank ma

parents and ma friends whose continuous support

and guidance was given throughout the project.


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Project report for the enterprise:

SILVERSTARS POLISHINGENTERPRISE.

1-Name of the item/items : Tiles polishing2-Name of the units and address : JVC building

BuildingNo.31

Al- Quoz

3-Telephone no. :MOB:- 055-7489238

OFFICE:- 04- 3956786

04- 3459872

4-Name and address of promoters : Ashwini AnilOld Pakistani consulateSponsor- Mr. Majid Ahmed (050-7859020)

5-Constitution of the firm : Sole proprietor6-Qualification of the partner : BCOM and MBA7-Working experience : NILL8-Family background : NILL9-Location : JVC building

Building no. 31 Al-Quoz10- Name and address of the

Bank which you deal with : National Bank of Dubai


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LOGO

Silver Star Polishing Enterprise


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Economic Viability andMarketability

1- Introduction : In many of the family bothhusband and wife works and they often do

not get the time to clean the house, so therewill be a great demand for the service

provided by us. With a commitment to

provide the bst service, we give thecustomers a guarantee of cleanliness that

lasts for 6 months.

2- Scope: Currently we have only one shopwhich is running successfully. We are

planning to expand it more in Sharjah andKarama.

3- Marketability:we have done muchadvertisement on many channels about theservices that we offer.


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Technical Feasibility

Flow Chart:

Buying raw materials storing them taking

orders from customers

Providing service to the

Customer.


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Financial Projections

A. Fixed capital1- Land and building rented premise 1000sq.ft at a

rent of DHS. 5000per month.

(Ground floor- office; top floor- workers

accommodation)

2- (A)machinery and equipments(i) Tile polishing machine 26,000(B) Office equipments

Computer - 2,500

Fax and printer - 1,000

Cash register - 2,000

Furniture and fixtures - 4,500

10,0003- Toyota van purchased 1,00,0004- Pre-operational expenses

(i) Licensing(ii) Visa charges 30,000(iii) Deposits

Total Non-Recurring Expenditure: 1, 66,000


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B.Working capital1.Cost of Labour

Staffs & labour Number Salary (AED) Total (AED)Labour skilled 1 1,200 1,200

Unskilled 1 1,000 1,000

Foreman 1 2,800 2,800

Food charges 3 400 1,200

Total 6,200

2.Material CostsSno. Items Quantity Amount Total1 Brush 40 4 160

2 Broom 40 5 200

3 Sponge 50 4 200

4 Bucket Mopper 20 8 160

5 Other Expenses 280

1000

3.Other Expenses Per Month:Sno. Items Total

1 Stationary and telephone 500

2 Rent 5,000

3 Utilities 500

4 Conveyance 1,000

5 Other Expenses 2,500

9,500

Total recurring expenditure: 1+2+3 = 16,500

Working capital (on the assumption of 3 months operation cycle)

16,700 X 3 = 50,100

Approx. 50,000


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Total Investments

Fixed capital + Working capital:

1, 66,000 + 50,000 = 2, 16,000 AED

1.Cost of ProductionSno. Total

a Depreciation on machinery

36,000 X 20%

7,200

b Depreciation on truck 1,00,000

X 20%

20,000

c Interest on total investments

2,16,000 X 15%

32,400

d Total recurring expenditure

(per year) 16,700 X 12

2,00,400

Total cost of production 2,60,000


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2.Turnover per yearSales Quantity Rate Total

Floor

polishing

1,00,000sq.ft DHS.5.50

per sq.ft

5,50,000

Total 5,50,000

3.Net profit per year:

= Turnover per year Cost of production

= 5, 50,000 2, 60,000

= 2, 90,000


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Financial Assessment

a)Net profit:= 2, 90,000 X 100 = 52.73

5, 50,000

b)Rate of return:= 2, 90,000 X 100 = 134.2

2, 16,000

c)Breakeven points:Total fixed cost per year.

Sno. Total1 Depreciation machinery and

equipments

7,200

2 Rent (5,000 X 12) 60,000

3 40% of salary and wages (6,200 X

12 X 40% )

29,760

4 40% of other expenses (utilities +

other expenses X 12 months )

14,400

5 Interest on investments 32,400

1,43,760

Break Even Point:FC X 100 = 1, 43,760 X 100 = 33.15%

FC + profit = 1, 43,760 + 2, 90,000

= 4, 33,760


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Appendix


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Index

1- Project report of the enterprise2- Logo3- Economic Viability and Marketability

a)Introductionb) Scopec)Marketability

4- Technical Feasabilitya)Flow chart

5- Financial Projectionsa)Fixed capital

b) Working capital6- Total investments

a)Cost of productionb) Turnover per yearc)Net profit per year

7- Financial assessmenta)Net profit

b) Rate of returnc)Breakeven points

8- Appendix

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