business plan of bio gas

26

Tutorial of Entrepreneurship Development

Khulna University Group- 3

[BUSINESS PLAN: SHIKHA] The Firm of biogas provider & bio generators suppliers

Dipanwita Dey ID: 120305

Priyanka Hui Chowdhury ID: 120316

Nusrat Jahan ID: 120329

Niaz Bhuian ID: 120354

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Table of content:

Page

Executive Summary 4-5

Company overview

6

Market Analysis 7-8

Marketing Mix 8-14

Legal issues

15-16

Business & Enterprise management 16-20

Financial Planning

21-26

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Entrepreneurship Development

Executive Summary

Shikha is a Khulna based biogas production company which is committed to provide renewable energy to target customer in the face of this severe energy crisis in Bangladesh. The products and services of Shikha include biogas production and selling it in cylinder, biogas electricity generator, transportation of gas cylinder and set up services. The firm also aims to provide consultancy services regarding integration of energy solution by its continuous research and development in renewable energy field.

The firm will be formed in 2015 and will have partners and 105 employees. The name of the firm truly reflects to its business as Shikha dedicates itself to provide continuous and never ending energy solution. The firms different department will be directed by experienced personnel who have specialization on finance, marketing, human resource management etc.

The main reasons of Shikha’s initiative is to avail the opportunity of providing renewable as well as alternative energy source to the customer. The progress and advancement in biogas production technology and demographic changes in customer demand for more cost effective and efficient energy sources. The company aims to help the economy by reducing the imports of energy sources and investing the money in the economy. On the same time, the firm plays a vital role to make the environment clean by using the waste materials for biogas production. So the project taken by Shikha is not only socially acceptable but also profitable as it is very much economically feasible.

The initial investment required by Shikha is nearly five crore Bangladesh taka. In the first year of its operation, Shikha aims to reach a sales target of 60 million. The analysis of the firm tells that Shikha sells will increase up to 35% in the first 3 years of the operation. It will have a profit margin of 40% and the payback period for the firm is 5 years.

The firm’s values include quality of product and betterment of the environment and it intends to be the pioneer of this alternative energy source production in both the private and commercial sector. It also intends to expand its geographical coverage across Bangladesh and create more quality products for future.

Shikha consists of modern management structure having two executive committee who look day to day activities of the firm. It will also practice the modern human resource practices for the betterment of its employees.

Shikha’s initial target is the village people who don’t have efficient and environment friendly energy source. The firm is not expected to face severe competition from any of its competitions. The company believes that it would be able to compete because of its high quality products, dedicated workforce, relatively lower pricing and its continuous research and development for better products and services in the future.

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To advertise and promote the firm, Shikha will use the power of mouth, advertisement in paper, radio and TV and educational sponsorship. The company will receive its raw materials from the city corporation waste management, dairy firms and small farmers. The company will have an initial risk of financing its production but the remaining risk does not possess a great risk. The company is running the business in a suitable environment where it has the chance to grow and succeed.

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Company overview Shikha referred to as The Company, will be registered, under the corporate entity called Shikha (Pvt.) Limited, with the Government of Bangladesh according to The Company Act, 1994 of the country. The act is related to the formation, registration, management, winding-up of companies and other matters therewith. The operational domain will be established in the Khulna city, Bangladesh. Shikha will be composed entirely of private capital from the five shareholders (founders and an external entity); all will work as the company itself. Mission: Ensure energy with environment. Vision: Our vision is to offer energy at reasonable price & save the environment.

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Product & service description Shikha will be the biogas provider to the country people. It will ensure biogas supply (cylinders) and bio-generators to the customers. It will offer environment friendly fuel &power generator at affordable price. Product line: Our product line will be comprised of two items. One will be biogas cylinder& other will be bio-generator. The cylinder will be the substitute of existing gas cylinder. Latter will generate power supply as IPS, Generators, UPS & others. Biogas Cylinder Biogas is a mixture of burnable gases like methane along with carbon dioxide that forms anywhere organic material decomposes anaerobically (without oxygen), such as in water, deep in a landfill, or in the guts of animals. We will store biogas in usable cylinders and sell them to the household users. These cylinders will be use for cooking, heating and other purposes. Bio-generators: Bio-generator is one kind of power generator. It will generate energy which will ensure electricity when load-shedding occur. Basically, it will work as power supply backup system like generators. The bio-generator will setup at the place of customers. The generator will run through biogas. Users can store raw materials such as water, animal fleshes, household wastes or may use our biogas cylinders to run the generator. Region & service areas: We mainly serve the cities of Bangladesh. We will be providing cylinders & bio-generators to households and organizations in 65 districts of our country. There will 7 offices in7 divisions of the country.

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Product delivery:

Customers can directly buy both cylinders &bio-generators from our shops attach with our offices. They can order products over phone or online. There will be a website to contact and order products. Our service providers & technicians will also set up the bio-generator at the customer place. We have transportations for urgent home delivery orders.

Serving hours:

Shikha will provide services to customers 6 days per week from 9am to 9 pm. But orders over online will be received 24X7 of week. Home delivery of cylinders will be within 30mins-2hrs according to the locations of delivery. Other hand, bio-generator set up will take 2-3 days or 1 week.

Market Analysis:

As Shikha launches biogas Cylinder & bio-generator, its target market will be all the house-holds, hotels, restaurants, and all the industries where powers needed. It will be an opportunity to transform life through provision of clean energy solution. Its customer will use this biogas Cylinder for cooking, heating and other purposes and bio-generator as an alternative source of power. These products will be environmental friendly and Shikha will try it provide it at a reasonable price; it will try to make people of all classes of our country people as its customers. Depending on its yearly profitability, this firm will think about focusing on international market.

The Choice of Location and Customer Portfolio:

Our biogas plant is completely new or innovative service area in our country. In this case, at first we will target those areas where gas line has not reached yet like Khulna, Rajshahi, Comilla, etc. And for bio generator we will target the normal household family

The Income Segment:

Bangladesh's per capita income swelled to US$ 923 in the outgoing fiscal year (FY) 2012-13, $85 higher than the earlier fiscal 2011-12, officials said Friday BBS last week finalized its provisional estimate of the gross domestic product (GDP) and the per capita income of the country. The BBS in its provisional data has also showed that the country's total GNI has swelled to 11,424.79 billion and the total GDP to Tk 10,379.87 billion in the outgoing fiscal 2012-13. In the last FY 2011-12, the total GNI stood at Tk 10,074.43 billion and the GDP at Tk 9,181.41 billion. The per capita income in the outgoing fiscal 2012-13 has been calculated on the basis of Bangladesh's total 153.6 million populations.

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Summary of Customer Segment:

The target customer segment of Skhikha is the Bangladeshi people. The per capita income of the Bangladeshi people is USD 1190 (according to the surveys of 2014). In spite of macroeconomic stability, Bangladesh has a great shortage of renewable energy. Economic Condition of Bangladeshi People:

This chart shows the economic condition of the Bangladeshi people in various years. It describes GDP, US Dollar Exchange, Inflation Index and Per Capita Income of Bangladesh.

Year Gross Domestic Product US Dollar Exchange Inflation Index (2000=100)

Per Capita Income (as % of USA)

1980 250,300 16.10 Taka 20 1.79

1985 597,318 31.00 Taka 36 1.19

1990 1,054,234 35.79 Taka 58 1.16

1995 1,594,210 40.27 Taka 78 1.12

2000 2,453,160 52.14 Taka 100 0.97

2005 3,913,334 63.92 Taka 126 0.95

2008 5,003,438 68.65 Taka 147

2010

70.20 Taka

2014

76.20 Taka.

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Competition Analysis

The main competitors of Shikha will be the natural gas manufacturer (LP gas) and alternative electricity generation products (such as IPS) Bangladesh is running out of its natural gas reserves. It is estimated that its reserves will be exhausted within the next decade, if no new gas field is discovered. There are a number of LP gas manufacturers in Bangladesh who are running their business for a long time. Some of these are-Bashundhara, Total, Clean Heat and has quite good market share. On the other hand, the alternative electricity generation market is filled with products from Rahim Afroz, Hamko etc. The price of bio gas cylinder of Shikha will be relatively lower than the LP Gas cylinder manufactured by existing firms. Besides, the lower price, Skhikha will ensure the availability of its cylinder where there is no gas line coverage. The low maintenance cost of biogas electricity generator will be a plus point when competing with alternative electricity generation products (IPS). Besides, these biogas generators easy to use controlling system, greater customer service such as home delivery, online order system, 24 hours assistance service will certainly be competitive advantages for Shikha. Bargaining Power of Suppliers

As with all businesses, the raw materials will have to be collected from the suppliers. Shikha’s raw materials will be all kind of waste materials. And its suppliers will be the waste collectors such as the City corporation waste management department, various bio fertilizer firms who also collect waste materials. In this case of Shika, several strategic alliances will have to be formed with these suppliers. A contractual agreement would be finalized during which negotiations will be held. The substitution for inputs would also be availed in case of emergency or contingency. In this case the substation suppliers will be environmental based NGO’ like “Primark”

Bargaining Power of Buyers

The Bargaining power of customer is ensured as the market of outputs, the ability of customers to put the company under pressure which also affects the customer’s sensitivity to price changes. Some of the potential factors to be mentioned here would include the bargaining leverage buyer switching cost, price sensitivity and the differential uniqueness of products and services. In the case of Shikha the bargaining power of buyer is taka 800 for cylindered biogas whereas the bio gas electricity generator is taka 10000. In the market, the price of one LP Gas cylinder is about 1400 taka and the price of an IPS is about 20000 taka. Threat of New Entrants

As Shikha’s product will be fairly attractive choice for new ventures, there is a possible threat of new entrants in this market. But the demand for products of these energy markets are pretty high and increasing by leaps and bounds. Every home requires energy and there is a great opportunity to gain huge revenue from the market in spite of threats of new entrants.

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Threat of Substitute Products or Services

Shikha would face a substantial buyer’s propensity

Marketing Mix:

Marketing strategy will play a prominent role for Shikha. As a start up business, it needs to be careful about price, product, place & promotion. Shikha will maintain balanced combination of marketing mix.

Price:

Category Sub category Cost per unit

Bio gas cylinder Bio-Generators

Bio gas cylinder

Bio-Generators

Fixed cost IT & Office Equipment,

Plant and Machinery, Salaries

IT & Office Equipment, Plant and Machinery, Salaries,

235 1090

Variables cost

Raw materials cost Marketing cost Utilities(Rent, electricity etc), Marketing cost Etc……

Bio –Generators importing cost, Utilities(Rent, electricity etc), Marketing cost Etc….

525 8310

Other cost Equipment maintenance Miscellaneous cost etc……….

Equipment maintenance Miscellaneous cost etc……….

20 350

Tax General sales tax, Property tax, licensing tax

General sales tax, Property tax, licensing tax

120 1500

Gross total 900 11250 Profit 25% of gross total 300 3750 Net price 1200 15000

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Product:

Shikha ensures that it would provide energy & gas cylinder supply at affordable price than our competitors. It also cares about environmental issues. It would mainly offer gas cylinders similar as existing gas cylinders but at lowest price. Moreover, the bio-generators would work as effective substitute of other fuel run generators. It would be a cost saving option for users.

Specific differentiation factors of Shikha from its competitors.

1. Reasonable price of gas cylinders & bio-generators. 2. Availability of energy in rural areas. 3. Renewable source of energy 4. Customer based services deliveries (on air order receiving, home delivery generator set

services)

All these facilities are currently not available & affordable in our country. Once customer will start using our products, they would prefer to use them recurrently.

Place:

The location of Shikha office will be in the central point of every division of the country. For this reason our customers will get all the facilities available at service hours. This choice of location affirms availability of products to customers. It will attract customers & demonstration services will create publicity. Shikha will have seven offices in seven divisions as early mentioned. The office space is decorated in such way that our customers can have the demo presentation directly on cylinders. In case of bio- generators, Shikha’s customer will also get the same service of demo presentation. The total area of the Shikha’s each office is approximately ……. Square feet. This area will be classified in four sectors to provide a large enough space for the Reception space, Store room (keeping place for cylinders, & bio- generators), Demonstration room and Garage.

Facilities Areas (Square meters)

Reception 22.75

Store room 227.5

Demonstration rooms 34.125

Garage 56.875

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Promotions:

The primary success of Shikha depends on heavy promotion that will aware our customers about its product or services. Heavy promotion requires injection of larger amounts of capital injection which will cause the marketing budget would embellish the forefront of start-up expenses. Promotional strategies would be handled by an externally contracted marketing agency which will employ the following measures:

A 30 second television advertisement representing the better-quality of Shikha’s cylinder & generators with local television stations.

15 seconds radio announcement of grand opening of Shikha’s each divisional office. A newspaper advertisement in local newspapers. Color printed leaflets to be dropped off at surrounding residential areas. Awareness through printed special rate brochures for corporate events. Establishing a website for Shikha with each personal domain name. Enlisting Shikha with the website www.shikhahelp.comto further spread public

awareness

These, along with personal networking by the founders, should help establish a firm footing for Shikha n the initial phases of the startup. Further amendments can be made to the marketing strategy with the spreading awareness of the firms. Some forecasted measures include:

Personal networking and word-of-mouth. Introduction of special discounts and a loyalty program.

The marketing agency would be given a timeline during which the restaurant will be refurbished simultaneously with promotion. This ensures a safe margin during which two processes will be performed parallel to each other.

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Brand:

The Brand name Shikha conveys the significance of our company’s activities. Shikha’s main focus is enlightening the country with bio energy in environment friendly way.

Language The official language the company will be Bangla & English.

Name “Shikha” the name conveys the rays of a light which removes darkness

Quality The logo conveys a ray of light which removes darkness.

Colors The color the logo is golden which is the color ray comes from light. It will seek attention of the customer.

Logo

Font A simple font which conveys purity & loyalty in customer service.

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Business & Enterprise management:

Location:

Shikha will operate its official & operational activities in 7 divisions of the country. The main plant of the biogas production will be located in one of the founder’s firm house in Khulna. There will be a main plant for producing biogas & with the help of equipment the gas would be storage in the cylinders. We will import the bio-generator from China & directly sell them to the customers.

We will have 7 more officies around the country in 7 divisions.They would be situated in the all central areas of cities. Because of this, the area is also home to several high-end shops and malls with a regular attendance. It will easily accessible by various means of public transportations.

Legal issues

Starting any form of business, certain laws and policies must be followed to ensure operational activities. Shikha will be registered under the corporate entity called Shikha(Pvt.) Limited, with the Government of Bangladesh according to the Company Act, 1994. The firm will be composed entirely of private capital from the four shareholders (four founders and their immediate family) all will contribute equally to financial resources and knowledge of the sector. All the shareholders will share responsibilities, financial resources, risks and rewards in the firm on 25-25-25-25 basis.

Figure: central of Khulna city

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Licensing

The Company Act 1994, the law requires the founders to register and get a permit with the legislature for starting up any firm. The founder or owners are obliged to apply to the governing body for registration of the firm.

Requisition of enlistment and determination of reasonable price of product should be made to the governing body. After verifying the application forms the authority would notify the founders for registration date.

For enlistment of the firm, the holders of the firm are obliged to adjust to the standard of financial resource availability, employee safety measures, legal approval and environmental safety measures.

After getting the notification of the authority, shareholder would present in the office & submit the registration fees.

Legal and Tax Advisory

The Government of Bangladesh requires all businesses and individuals to submit tax reports in the form of several taxes. There would be several tax related issues such as Federal Tax, Commercial Property Tax, Municipal Tax and Income Tax. All these affairs will be outsourced with a Tax Advisory agency. It will prepare a need precise plan to ensure the authorized operations of the firm.

Organizational Structure

To organize the firm and distribute responsibilities, tasks, duties, there need to be a level of hierarchy. For this purpose, four levels of hierarchy are developed: the Shareholders (the four founding partners), the Upper Management Staff (office administrators, accountants), the Middle Management Staff (receptionist, computer operators) and finally the Lower Management Staff (technicians, Security, Delivery Boys and drivers).

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Organizational Chart:

Roles:

Shareholders

o Monthly visiting to the firm to observe and check monthly reports compiled by the managers.

o Compiling data on sales and auditing the sales records for missed and/or inaccurate records

o Regular communication with outsourced services to ensure efficient operation for marketing, corporate networking and legal framework

o Ensuring payments to suppliers and outsourced agencies o Banking operations and cash management

Administrative officers:

o Management of the offices during the work hours o Initial personnel attendance record maintenance o Inventory check and ordering if necessary o Acquisition of backup personnel or inventory in case of contingencies o Daily report to be presented to one of the shareholders

Shareholders

office administrators,

receptionist,

Delivery Boys and drivers Security sales person

computer operators

technicians

accountants

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Accountants:

o Handling financial issues & recording transactions. o Preparing income statement & financial statements. o Reviewing reports to the authorities.

Receptionist

o Greeting the customers o Taking orders from customers over air o Counseling customers for the needs

Computer operators

o Recording all activities in database o Prepare all information about regular transactions o Maintaining networking & online issues o Fixing up IT related problems

Technicians

o Presenting demo to the customers o Set up the cylinders or bio-generators at customers’ place o Servicing products & ensuring post selling services

Sales person

o Responsible for attending to the customers o Selling products to customers o Meeting all the product related queries to the customers

Security:

o Ensuring safety to office equipment o Look over safety related issues. o Securing product from thief & damages o Monitoring consistently for suspicious activities

Delivery boys & divers:

o Delivering product to the customers o Carrying product from plants o Managing all transport related matters

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Shareholders: 1

Priyanka Hui Chowdhury

Educational profile Studying Bachelor of Business Administration, Khulna University Languages: English, Bangla

Professional experiences Start up

Shareholders: 2

Dipanwita Dey



Shareholders: 3

Nusrat Jahan



Shareholders: 4

Niaz Bhuian



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Requirements of Staffs

Position Titles Qualification Vacancy Remuneration (monthly tk)

Administrative officers

Education: Minimum Bachelors in Business Administration Experience: 2-3 years in similar role Language: English and Bangla Age: 25 - 30 years Gender: Both

7 12,000

Accountants Education: Minimum Bachelors in Accounting Experience: 2-3 years in similar role Language: English and Bangla Age: 25 - 30 years Gender: Both

7 10,000

Receptionist Education: Graduation in any course Experience: 1 year (desirable) Language: English and Bangla Age: 25 - 30 years Gender: Both

7 7,000

Computer operators

Education: Graduation in computer technology Experience: 2-3 years Language: English and Bangla Age: 23-30 Gender: Both

7 10,000

Technicians

Education: Diploma in electronics Experience: 3-4 years desirable Language: English and Bangla Age: 20 - 30 years Gender: Male

35 8,000

Security Education: Literate Experience: 1 year Language: Bangla Age: 25 - 30 years Gender: Male

7 5,000

Delivery boys & divers

Education: Literate Experience: 4-5 year driving experience Language: Bangla Age: 25 - 30 years Gender: Male

14 5,000

Sales persons Education: Graduate Experience: 2-3 years Language: English and Bangla Age: 25 - 30 years Gender: Male

21 8,000

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Financial Planning

Sales forecast-Table and breakdown first year (Bio cylinder)

Month Number of customers

Total Customers(monthly)

Average spending

% increase

Monthly sales

Jan 50 1500 800 100 1200000 Feb 52 1560 800 4 1248000 Mar 54 1620 800 3.84615 1296000 Apr 55 1650 800 1.85185 1320000 May 57 1710 800 3.63636 1368000 Jun 59 1770 800 3.50877 1416000 Jul 60 1800 800 1.69492 1440000 Aug 62 1860 800 3.33333 1488000 Sep 64 1920 800 3.22581 1536000 Oct 65 1950 800 1.5625 1560000 Nov 67 2010 800 3.07692 1608000 Dec 69 2070 800 2.98507 1656000

Sales forecast graph Figure-1

0

200000

400000

600000

800000

1000000

1200000

1400000

1600000

1800000

1 2 3 4 5 6 7 8 9 10 11 12

Monthly sales

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Sales forecast-Table and breakdown first year (Bio-generator)

Month

Number of customers

(daily)

Total Customers(monthly)

Average spending

% increase

Monthly sales

Jan 30

900

1500 6.66666

7 1350000 Feb 32

960

1500 3.125 1440000

Mar 33

990

1500 6.06060

6 1485000

Apr 35

1050

1500 2.85714

3 1575000

May 36

1080

1500 5.55555

6 1620000

Jun 38

1140

1500 5.26315

8 1710000 Jul 40

1200

1500 5 1800000

Aug 42

1260

1500 2.38095

2 1890000

Sep 43

1290

1500 4.65116

3 1935000

Oct 45

1350

1500 4.44444

4 2025000 Nov 47

1410

1500 2.12766 2115000

Dec 48

1440

1500 -100 2160000

0

500000

1000000

1500000

2000000

2500000

1 2 3 4 5 6 7 8 9 10 11 12

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Staff cost table

Title Monthly Salary

Number of employees Total Amount

Manager 17000 7 119000 Administrator 12000 7 84000 Accountant 10000 7 70000 Computer operator 10000 7 70000 Technician 8000 35 280000 Sales person 8000 21 168000 Receptionist 7000 7 49000 Security Guard 5000 7 35000 Driver 5000 14 70000

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Investment Table

Particulars Amount Frequency Year 1 estimates

IT & Office Equipments 2100000 1 2100000

Plant and Machinery 2160000 1 2160000

Bio -Generators cost 890000 12 10680000

Salaries & Wages expenses 1015000 12 12180000

Telephone 17500 12 210000

Insurance 21000 12 252000

Stationary & post 2100 12 25200

Website cost 7000 12 84000

Accountancy cost 10500 12 126000

Legal & professional fees 5600 12 67200

Equipment maintenance 24500 12 294000

Marketing cost 1400000 12 16800000

Raw materials cost 245000 12 2940000

Provision for bad debt 28000 12 336000

Utilities(Rent, electricity etc) 280000 12 3360000

Miscellaneous cost 35000 12 420000

Total 49934400

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Cash Flow Statement-First 12 Months First 3 years projection

Year 2015

Year 2016

Year 2017

cash from sales

38245000

40157250

45894000 Cost of sales

25047900

30568000

31690000

Gross profit

13197100

9589250

14204000 Administrative Expenses 1068000

168000

120570

Salaries & Wages expenses 12180000 Telephone

210000

25300

10000

Insurance

252000

252000

252000 Stationary & post

25200

8550

1078

Website cost

84000

23000

918 Accountancy cost

126000

Legal & professional fees 672000 Equipment maintenance 2940000 Marketing cost

1680000

1400000

14900

Raw materials cost

2940000

3050000

30359000 Provision for bad debt 336000

440000

12000

Utilities(Rent, electricity etc) 336000

55700

12000

Miscellaneous cost

420000

559000

6210 Sales & distribution costs

Depreciation

470000

470000

470000 EBIT

-10542100 0 3137700 0 35057800

Tax

58900

77500

85470 Net profit after tax

-10483200

3060200

34972330

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Cash Flow Statement-First 12 Months

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9

Month 10

Month 11

Month 12

Cash Inflows cash from sales

2550000 2688000 2781000 2895000 2988000 3126000 3244000 3378000 3471000 3585000 3723000 3816000 Vat

382500 403200 417150 434250 448200 468900 486600 506700 520650 537750 558450 572400

Cash Inflows in period

2932500 3091200 3198150 3329250 3436200 3594900 3730600 3884700 3991650 4122750 4281450 4388400

Cash outflows Financing & Investment

IT & Office Equipments 2100000 Plant and Machinery 2160000 Bio -Generators cost 890000 890000 890000 890000 890000 890000 890000 890000 890000 890000 890000 890000

Administrative Expenses Salaries & Wages expenses 1015000 1015000 1015000 1015000 1015000 1015000 1015000 1015000 1015000 1015000 1015000 1015000

Telephone

17500 17500 17500 17500 17500 17500 17500 17500 17500 17500 17500 17500 Insurance

21000 21000 21000 21000 21000 21000 21000 21000 21000 21000 21000 21000

Stationary & post

2100 2100 2100 2100 2100 2100 2100 2100 2100 2100 2100 2100 Website cost

7000 7000 7000 7000 7000 7000 7000 7000 7000 7000 7000 7000

Accountancy cost

10500 10500 10500 10500 10500 10500 10500 10500 10500 10500 10500 10500 Legal & professional fees 5600 5600 5600 5600 5600 5600 5600 5600 5600 5600 5600 5600 Equipment maintenance 24500 24500 24500 24500 24500 24500 24500 24500 24500 24500 24500 24500 Marketing cost

1400000 1400000 1400000 1400000 1400000 1400000 1400000 1400000 1400000 1400000 1400000 1400000

Raw materials cost

245000 245000 245000 245000 245000 245000 245000 245000 245000 245000 245000 245000 Provision for bad debt 28000 28000 28000 28000 28000 28000 28000 28000 28000 28000 28000 28000 Utilities(Rent, electricity etc) 280000 280000 280000 280000 280000 280000 280000 280000 280000 280000 280000 280000 Miscellaneous cost

35000 35000 35000 35000 35000 35000 35000 35000 35000 35000 35000 35000

Sales & distribution costs Vat

639000 644000 667000 678000 710000 711000 721000 733000 739000 745000 751000 758000

Cash outflows in period

8880200 4625200 4648200 4659200 4691200 4692200 4702200 4714200 4720200 4726200 4732200 4739200

Net cash flows

-5947700 -

1534000 -

1450050 -

1329950 -

1255000 -

1097300 -971600 -829500 -728550 -603450 -450750 -350800

business plan of bio gas

Small Business & Entrepreneurship