BUSINESS PLAN FOR ENTREPRENEURSHIP DEVELOPMENT

1. Entrepreneurship Development
BUSINESS PLAN
NAME ID
RAVI SANGANI 15BBA106
RAHUL MALANI 15BBA110
AXAY KEVADIYA 15BBA114
T.Y B.B.A
5TH sem.
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2. Centaur
“Stay Always With Time”
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3. OVERVIEW OF COMPANY
Firm name Centaur
Address Yogi Chowk, Surat
Business Type Watch manufacturer, wholesaler, and retailer
Tag Line “Stay Always With Time”
Contact No. 9601372691
9924883156
Email centaur.pvt.ltd.@gmail.com
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 Partners name: Ravi Sangani
Rahul Malani
Axay Kevadiya
Company Logo:

4. BASIC INFORMATION OF COMPANY
Centaur means mythological creatures that are part human and
part horse which we can see in company’s logo.
We give the contract to the third party firm named ‘fashion’ for
manufacture the watches for us with our brand logo and requirement.
Our competition is stiff; competing with established companies
like Nixon and Fossil among other watch retailers. We focus on the
fashionable side of the industry, striving for watch fashion as an essential
wardrobe necessity.
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5. SOME EXPENSES FOR STARTING THE FIRM
(APPROX.)
For register as Pvt. Ltd. 20,000
For logo registration and T.M 4000
Marketing :
• Advertisement (banner and newspaper)
• For shop catalogue
2,00,000 (for first 3 months)
2,000
Packaging & courier 15,000/month
Shop rent 10,000/month
First contract with fashion ltd. 5,00,000
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6. INVESTMENT & CAPITAL
Total (approx.) = 20,00,000
Total 3 partners :
 Axay = 7,00,000
 Rahul = 7,00,000
 Ravi = 6,00,000
Profit sharing ratio = 1:1:1
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7. DETAILS ABOUT SHOP:
Shop address: yogi chowk, Surat.
‘Ravi’ one of our partner has one shop in one shopping center located at
yogi chowk. And he is ready to use that shop as our brand shop for selling
watches at rs.10,000 rent per month.
 Furniture and interior cost for shop = 5,00,000
 Salary and Maintenance :
• Salary of employees = 40,000 (10,000 * 4 employee )
• Other maintenance = 30,000
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8.  MARKETING
 We put our more efforts to this department because we give contract to
the ‘fashion ltd.’ for manufacture watches for our company with our
logo and as per requirement.
 Our market targets teens and young adults looking to the best product.
The competition is very tough, but what differentiates us is our option
to fully customize a watch, wide range for choice and our customer
service.
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9. CONT.
• We want to market our company in a positive manner. At Centaur
Watch Company, we will strive to put our best foot forward in creating
a product everyone will be satisfied with.
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10. SOME DETAILS ABOUT OUR PRODUCT:
• We offer a full line of men’s watches ranging from a variety of straps
and faces including metal links, leather, rubber, plastic, and wooden
links. Our special attraction are following:
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1. Couple collection 2. Mechanical watch
3. Special edition watch 4. Casual wear
5. universe collection 6. jewelry collection

11. 1. COUPLE COLLECTION
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Price range of couple collection : 20,000 to 30,000

12. 2. MECHANICALWATCH
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Price range of mechanical
watch: 5,000 to 15,000

13. 3. SPECIAL EDITION WATCH
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Price range of special edition: 60,000 to 70,000

14. 4. CASUALWEAR
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Price range of casual wear: 500 to 3,500

15. 5. UNIVERSE COLLECTION
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Price range of universe watch: 500 to 5,000

16. 6. JEWELRY COLLECTION
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Price range of jewelry collection: 70,000 to 80,000

17. CONT.
These are the range of watches available at our company. And the price
of the watch depends on the selection of the watch and it starts from Rs.500 to
Rs.80,000. Special edition watches and jewelry watches are provided after only
getting any customer’s order.
Our sales target is to sell 2500 watches at an average price of 1000 per
year and we are projecting to make 25,00,000 in sales annually at starting period.
The profit will then be reinvested into our company to build new products and
cover expenses for the following year.
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18. ADVERTISEMENTAND MARKETING OF PRODUCT.
Jewelry shop :
Our company do contract with two famous jewelry shops; kalamandir
and kalyan jewelry shop. We provide them some amount of watches with no cost
and they modified that watches as per order or their requirement. But the
condition is that our logo shouldn’t be erase. And they put the watches in them
shops for sell. In return they give 20% of profit after selling the modified watch.
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19. CONT.
Exhibition
We also do contract with SRK diamonds Pvt. Ltd., we provide them free watches and they work
on it and put modified watches to their diamond exhibition. We have to pay 20% rent of
exhibition hall. SRK sells that watches at their price and in return provide us 20% profit after the
selling of that watches.
Social media
For promoting our brand we use latest trend of youth; various social Medias like. We make pages
on twitter, Facebook, and instagram. And we also take orders from that and we will provide
delivery service for that.
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20. CONT.
Airport marketing
We will advertise our product at airport. Because airport is the best place to promote your brand
with an effective marketing. And the reason of this is the huge touristic flow in airports. And we
spend Rs. 50,000 – 60,000/month for that.
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21. THANK YOU
“Stay Always With Time”
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