It is a about a new business that we are supposed and planning. basically its a foreign venture we are going to do.

1. THE CLOSET
GBM PRESENTATION

2. OVERVIEW
 Introduction to product
 Benefits and Risks of business
 Economic, legal conditions
 Political, Cultural conditions
 Costs in consideration
 Recommendations

3. PRODUCT & PLACEMENT
 Name of Company
 THE CLOSET
 Product
 Bridal Wear
 Party wear
 Placement
 London, England
 Gender
 Female

4. SHOWROOM IN LONDON

5. ADVANTAGES/ BENEFITS
 Affordable cost of exporting
 High purchasing power
 5.1 % of England’s population are Asians.
 Speed of doing business.
 Position as a world leader in the financial services and banking sector.
 Robust legal framework.

6. CHALLENGES/ RISKS
 Construction permits and registering property
 Cultural barriers
 Paying taxes
 Protecting investors
 Threats of external and internal factors.
 Competition from other companies.
 Everyone don’t have common tastes.

7. ECONOMIC/ LEGAL CONDITIONS
 Legal Conditions
 There are no such restrictions in fabric industry of London for foreign investment.
 London regulates Common Law.
 Economic Condition
 London remains top destination for foreign investment.
 UK’s economy system is Mixed Economy.
 Mixed Economy contains both capitalism and
socialism.

8. CULTURAL/ POLITICAL CONDITIONS
 Cultural Conditions
 People of England are very humble, kind
and supportive.
 Western clothes are culture of England, but
Asians don’t have wedding clothes to wear at their
weddings in England.
 Political Conditions
 The United Kingdom is a parliamentary democracy under a constitutional monarchy.
 No issue of tariff taxes and licensing.
 England is developing country and is politically stable because of monarchy system.

9. EVALUATION OF COSTS
 Anticipated Units: 2000
 Cost of Total Units: 2000 x 2000 = Rs. 4000000
 Cargo Cost : £200 for 200 kg
 200 x 185 = Rs. 37000
 Transportation Cost: £1.75
 Major Outlet in London & Liverpool
 Outsourcing Cost: £48
 48 x 185 = Rs. 7680
 Rent of Shop in London: £280
 280 x 185 = Rs. 51800

10. OTHERS EXPENSES
 Rent of Shop in Liverpool: £40.68
 40.68 x 185 = Rs. 7530
 Sales Woman per month: £1500
 1500 x 2 x 277500 = RS. 555000
 Total Cost = Rs. 46,64,000 ; £25210
 Per Unit: Rs. 6800 ; £37
 Markup 40%, Selling Price: Rs. 10730 ; £58
 Total Revenue = Rs. 21,460,000 ; £116000
 Profit = 46,64,000 – 21,460,000 = 16,795,000 ; £90,785

11. CONCLUSIONS
 Our business will capture considerable market share in future because we’re
tackling demand of Asians living in England.
 Our business will make a good mark in UK by providing good quality products
under reasonable prices and place.

12. RECOMMENDATIONS
 Sherwani
 Kurta Shalwar for men
 Waist coats for men

13. THANKYOU!
ANY QUESTIONS ?