This document proposes starting an education consultancy business that provides services related to foreign education, migration, visas, and air ticketing. It would require an initial investment of 60,000 Taka for office space and decoration, and projected monthly costs of 100,000 Taka for staff salaries, advertising, and administration. The business is projected to earn 302,000 Taka per month from student fees and university commissions, yielding a projected monthly profit of 150,000 Taka after the sixth month of operations. Expanding into related services like migration consultancy and air ticketing could triple monthly profits to 350,000 Taka with additional staff.
EDU CONSULTANCY, MIGRATION & AIR TICKET VISA SUPPORT
1. EDUCATION CONSULTANCY, GLOBAL MIRATION, VISA SUPPORT, AIR TICKETING
PROSEARCH RECRUITMNET CONSULTANTS
CITY HEART, 67 NAYAPALTAN,DHAKA
ALAZAD
2013
BUSINESSPROPOSAL
2. In this present situation as our manpower business is under threat and we are out of making
business more than 1 years so its being difficult for to keep existence of our company.
To get out of this situation we need to expand our business lines which are mostly close to us.
Base on our resources, capital, capability and market analysis we found 5 to 6 business lines
which we can start by a small capital.
Among these lines education consultancy, migration consultancy, air ticketing, IT (web
development), Trading business are on top.
This report contains information on these top lines of business. Business details, starting
process, fund and other requirements, business prospects, key to success and other relevant
information have been discussed.
The present market situation of the world represents that service business provides highest
return on small investment.
EXECUTIVE SUMMARY
3. It is one of the top businesses in the service industry which returns you higher than any other
business. Every year lots of students go to abroad for foreign education. These students
required consultancy and visa assistance for which they come to consultancy firms for help. In
the country there are so many organizations involved in this business who help students to get
admission in different universities and for managing student visas. These firms receive a good
amount of service search from students as well as from the universities, they represent. But
they invest nothing only the office rents and employee salaries.
As we don’t need to rent an office space and also as we have enough employees for back office
support so we can start the business with a minimum cost and similarly at low risk.
START-UP SUMMARY:
To start the business a short start-up summary is as follows:
1. One office space.
2. Office decoration.
3. Two new staffs (1 Mid level, 1 entry level)
4. Collect a trade license
BASIC BUSINESS PROCESS:
MARKETING
Placement paper ad
lifelate
Small bill board
Seminar & conference
Attending Education Fair
FRONT OFFICE WORK
Consulting
Findup actual interested
students
File opening
BACK OFFICE WORK
> Preparingstudents
(IELTS, Eng. Developmentand
others training as required)
> Admission processing
> Bank & others documents
processing
> Preparingstudents for
visa interview
> Financial transaction
> Doc. Submissionfor visa
> Visa receiving
> Financial transaction
> Managing Air ticket Flight
> Ensuring student’s
destination
EDUCATION CONSULTANCY
4. PROJECTED INVESTMENT
PROJECTED SALES:
FIXED COST
Office decoration…………. Tk. 50,000/-
Additional ……………………. Tk. 10,000/-
TOTAL…………………………… Tk. 60,000/-
VARIABLE COST / WORKING CAPITAL
(Per month)
Staff salary…………. Tk. 40,000/-
Ad & Promotion……………………. Tk. 30,000/-
Administrative cost…………….. Tk. 30,000/-
TOTAL………….…………. Tk.1,00,000/-
SOURCE OF RETURN
File opening…………. (Tk.3500 X 15 Stu.) Tk. 52,000/-
StudentService search ………(Tk.15000 X 10 Stu.) Tk. 1,50,000/-
Universitycommission ……..(12,00,000 yearly/12) Tk. 1,00,000/-
TOTAL …………………………………………………………….. Tk. 3,02,000/-
PROJECTED PROFIT
RETURN FROM SERVICE: TK. 3, 00,000
COST PER MONTH: TK. 1, 50,000 (COST+ COMMISSION)
NET PROFIT: TK. 1,50,000
PROJECTED INVESTMENT & RETURNED
5. NOTE:Projected profit is expected to be achieved from 6th month of business. So the
breakeven point will be achieved from 5th month.
BUSINESS COST:
The business requires 6months period for return. So, the business cost is as follows.
FIXED COST: TK. 60,000/-
VARIABLE COST: TK. 6, 00,000/-
TOTAL: TK. 6, 60,000/-
6. For instance in Bangladesh alone among South Asian countries each year approximately 2,
00,000 students pass the high school academic level through public exams and "A" levels. The
existing higher education infrastructure of Bangladesh can only absorb and accommodate a
very thin margin of this figure. In a situation like this, a significant number of students naturally
look forward to higher studies and every year more than 42,000 Bangladeshi students are
going abroad to pursue higher education.
After analyzing the present market we found that there is large number of students in the
market interested for foreign education and this number will increase in future.
FIGURE: FOCUSING VOLUME OF STUDENTS ACCORDING TO COUNTRY.
USA
CANADAUK
NEW ZEALAND
AUSTRALIA
FINLAND
GERMANY
NETHERLANDS
SWEDEN
ROMANIA
BELGIUM
CYPRUS
DENMARK
ITALY
RUSSIA
FRANCE
SPAIN
CHINA
INDIA
SINGAPORE
JAPAN
MALAYSIA
HONG KONG
MARKET ANALYSIS
7. KEY SUCCESS FACTOR:
ACHIEVINGCUSTOMERS FAITH (VISA SUCCESSRATE)
HIGHLY IMPRESSIVECONSULTANCY
PROPERBUSINESS DEALSWITH FOREIGN UNIVERSITIES.
PROMOTION & ADVERTISING
STRENGTH:
REQUIRED SMALL INVESTMENT.
REQUIRED LESS WORKINGCAPITAL.
HAVEOWN OFFICESPACE.
HAVETO TAKELOW RISK.
WEAKNESS:
HAVENO PRIORBUSINESSEXPERIENCE.
HAVENO BUSINESSAGREEMENT WITH UNIVERSITIES
OPPORTUNITY:
LARGE MARKET SIZE.
LONG TIME BUSINESSPROBABILITY.
HIGHEST RATE OFRETURN.
AVAILABLEOPTIONSFORBUSINESSDIVERCIFICATION.
THREATS:
FINANCIALGODOWN CAUSE OF SELECTING IMPROPERUNIVERSITIES.
UNCERTAIN CHANGE IN FOREIGN GOVT. POLICIES.
SWOT OF THE BUSINESS
8. Withthe above businessproposal we canaddmore three wingsat a lowerinvestment.Theseare:
1. MIGRATIONCONSULTANCY
2. AIR TICKETING
3. VISASUPPORTING
These three businesswingscanbe startedif we onlyaddmore three skill staffsforfirstsix month.Cause
the same advertisement,promotionandmarketingtoolsare effective forthese wings. More overthe
office space we have isenoughtostart these wings.
IF WE ADD THESE WINGSOUR VARIABLECOSTWILL INCREASEFORM TK. 1, 00,000 TO
TK. 2, 00,000BUTTHIS INVESTMENTWILL INCREASEOUR RETURN 3 TIMES.
MEANS WE WILL HAVEMORE TK. 3, 00,000 SALES.(AFTER6 MONTH)
SO,THE TOTAL PROFITWILL BE:
EDUCATION CONSULTANCY TK. 1, 50,000
OTHERS WINGS TK. 2, 00,000
TOTAL AMOUNT OF TK. 3, 50,000 (AFTER 6 MONTH)
TOTAL PROJECTED COSTWILL BE TK. 12, 00,000 FOR6 MONTH.
BUSINESS WINGS