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Business Procedure
Steps in starting
Small scale manufacturing
firm ¤ presented by
Rohit sen Me 6th semester
Procedure: Structure for product
1: Demand of product in market.
2: Price of product in market @casting
price.
3: process of making of product
4: Availibility of raw material to be used in
process
5: Competition in the market and different
developers of same product
Form of Business
1: Sole proprietorship
2: One person company
3: Partnership
4: Pvt ltd.co
5: Public limited co.
Location of factory
1: Availibility of land.
2: Availibility of labour.
3: Electricity availibility and water
available.
4: Accessibility to the market.
5: No tension in thr region
Market research
1: Sale of product.
2: Market strategy.
3: Try different ways to reach customer in
an easy way e.g. online.
4: Make sale price as per competition &
quality.
5: Calculate all type of cost and make list
of different wages.
Plant and Machinery
1: See and analyse all the machineries and
manual/semi/full automatic machines
provided by the supplier.
2: How much electricity will be required to
run a machine .
3: Running cost of machines.
4: productivity.
5: Life of machine.
Continue....
6: operation cost.
7: manufacturing cost.
Raw material
1: Amount of raw material.
2: Availability of raw material.
3: Time taken to maintain &avail the raw
material.
4: payment of raw material.
5: unloading of raw material.
All time from purchasing to unloading should
be calculated.
Civil works
1: Construction lay out.
2: Time taken to construct the outer frame.
3: Installation cost and time.
4: cost estimation.
5: workers- skilled, unskilled,
supervisor,accountant, sales man required.
6: All type of material handling & other cost
should be estimated.
Cost Evaluation
1: Land cost
2: Building and construction cost.
3: plant and machinery cost.
4: Furnitures cost.
5: Raw material cost.
6: wages to workers.
7: installation cost.
8: other costs.

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Business

  • 1. Business Procedure Steps in starting Small scale manufacturing firm ¤ presented by Rohit sen Me 6th semester
  • 2. Procedure: Structure for product 1: Demand of product in market. 2: Price of product in market @casting price. 3: process of making of product 4: Availibility of raw material to be used in process 5: Competition in the market and different developers of same product
  • 3. Form of Business 1: Sole proprietorship 2: One person company 3: Partnership 4: Pvt ltd.co 5: Public limited co.
  • 4. Location of factory 1: Availibility of land. 2: Availibility of labour. 3: Electricity availibility and water available. 4: Accessibility to the market. 5: No tension in thr region
  • 5. Market research 1: Sale of product. 2: Market strategy. 3: Try different ways to reach customer in an easy way e.g. online. 4: Make sale price as per competition & quality. 5: Calculate all type of cost and make list of different wages.
  • 6. Plant and Machinery 1: See and analyse all the machineries and manual/semi/full automatic machines provided by the supplier. 2: How much electricity will be required to run a machine . 3: Running cost of machines. 4: productivity. 5: Life of machine.
  • 8. Raw material 1: Amount of raw material. 2: Availability of raw material. 3: Time taken to maintain &avail the raw material. 4: payment of raw material. 5: unloading of raw material. All time from purchasing to unloading should be calculated.
  • 9. Civil works 1: Construction lay out. 2: Time taken to construct the outer frame. 3: Installation cost and time. 4: cost estimation. 5: workers- skilled, unskilled, supervisor,accountant, sales man required. 6: All type of material handling & other cost should be estimated.
  • 10. Cost Evaluation 1: Land cost 2: Building and construction cost. 3: plant and machinery cost. 4: Furnitures cost. 5: Raw material cost. 6: wages to workers. 7: installation cost. 8: other costs.