Business Plan on BRP2’s iWatch

GROUP MEMBERS:

• Bhakti Chaudhari 11

• Rupali Gule 17

• Pradnya Salve 41

• Pragati Uparkar 53

OUR PRODUCT

OUR PRODUCT

4-in-1 functions

• GPS location finder

• Bluetooth

• Data storage

• Laser pointer

NATURE OF BUSINESS

• Believes in the innovation.

• Really understands the psyche of consumer.

• Offered quality and innovative products in classical design with superior technology.

TARGET MARKET

• High Income Group

• Middle Income Group

MARKETING PLAN

• Price

• Product

• Place

• Promotion

PRODUCTION PLAN

• Manufacturing Process

TOTAL INCOME

TOTAL FUND

Bank 69.81%

Bhakti 7.54%

Pragati 7.54%

Pradnya 7.54%

Rupali 7.54%

Financial PlanProfit & Loss Statement

PARTICULARS SCH NO. Mar' 12 Mar' 13 Mar' 14

Sales Revenue (a)   3000000 3625000 4500000

Cost of Goods Sold (b) (A) 668660 880995 1193500

Gross Profit (a-b)= c   2331340 2744005 3306500

Operating Expenses:                 Administrative Expenses (B) 152500 195075 271500

         Financial Expenses (C) 25500 26000 25000         Selling & Distribution Expenses (D) 228100 292000 404500

Operating  Expenses(d)   406100 513075 701000

EBIT(c-d)   1925240 2230930 2605500

Less: Interest   350000 350000 350000

EBT   1575240 1880930 2255500

 Income Tax (30%)   393810 470233 563875

Net Profit after Tax   1181430 1410697 1691625

Less: Proposed Div    300000 350000 420000

EAT( Transferred. to R/s)   881430 1060697 1271625

Financial PlanBalance Sheet

PARTICULARS SCH NO. Mar' 12 Mar' 13 Mar' 14

Sources of funds        

Share capital   1600000 1600000 1600000

Reserves & surplus   881430 1942127 3213752

Loan funds H) 3700000 3350000 3000000

Total   6181430 6892127 7813752

Application of funds        

Fixed assets G) 4269840 4488760 3213707

Capital work-in-progress   2000000 2500000 5000000

Investments   100000 120000 150000

Current assets, loans & advances (E) 555000 703000 559820

Less : current liabilities & provisions (F) -743410 -919633 -1109775

Net Working Capital        

Total   6181430 6892127 7813752

Break Even Point

BEP Mar' 12 Mar' 13 Mar' 14

Sales 3000000 3625000 4500000

Less: Variable Cost -668660 -880995 -1193500

Contribution 2331340 2744005 3306500

LESS: Fixed Cost 406100 513075 701000

Profit 1925240 2230930 2605500

BEP Ratio=Fixed cost/Contribution*100 17.42% 18.70% 21.20%

ASSESSMENT OF RISK

• Weakness of Business

• New Technologies

• Environmental Risk

• Form of Ownership

• Roles and Responsibilities of members of organization

ORGANIZATIONAL PLANS