1. The document discusses plans to start a candle manufacturing business called AV Industries in Metoda, India.
2. Key details include the production process, raw materials, staffing, financial projections, break-even analysis, and ratio analysis.
3. The financial plan projects sales to increase over 5 years from 150,000 units in year 1 to 295,000 units in year 5, with profits expected to rise from 142,500 in year 1 to 324,500 in year 5.
This presentation on LG's Sampoorna Color TV talks about an innovative consumer product for Rural India, Its marketing strategies and growth story. It explains 4As and 4Ps of Rural Marketing wrt LG Sampoorna
This presentation on LG's Sampoorna Color TV talks about an innovative consumer product for Rural India, Its marketing strategies and growth story. It explains 4As and 4Ps of Rural Marketing wrt LG Sampoorna
Jewellery manufacturers, craftsmen and artisans in India are struggling to meet the challenge from global designers and brands due to their inability to connect closely to customer desires and to convert insights to valuable product design. this ppt examines some of the challenges faced by the jewellers and manufacturers in India
The business idea is based on the need of the hour to do commercial activities keeping in mind the sustainability of the environment. Ecomulsion aims to provide fine strokes of paint to every wall of the house with a pleasant aroma of eco-friendliness.
The major problem that the product solves is to provide creamy and shiny paint and protection from rain and heat at a competitive price with an enriched buying experience.
The main goal of the business is to make the product reach masses with the main societal goal of eco-friendly paints at a very cheap price.
ideal consumers are people of all income groups as our primary aim is societal responsibility and secondary is profit maximisation.
This is a hypothetical business plan.
Jewellery manufacturers, craftsmen and artisans in India are struggling to meet the challenge from global designers and brands due to their inability to connect closely to customer desires and to convert insights to valuable product design. this ppt examines some of the challenges faced by the jewellers and manufacturers in India
The business idea is based on the need of the hour to do commercial activities keeping in mind the sustainability of the environment. Ecomulsion aims to provide fine strokes of paint to every wall of the house with a pleasant aroma of eco-friendliness.
The major problem that the product solves is to provide creamy and shiny paint and protection from rain and heat at a competitive price with an enriched buying experience.
The main goal of the business is to make the product reach masses with the main societal goal of eco-friendly paints at a very cheap price.
ideal consumers are people of all income groups as our primary aim is societal responsibility and secondary is profit maximisation.
This is a hypothetical business plan.
THIS PRESENTATION IS TO BE PRESENTED ON THE TOPIC OF BRAND AWARENESS. THE CONTENTS ARE TO IN THE COMPANIES SCENARIO. HOW THE COMPANY IS TO BE IN THE MARKET FOR EACH OF THEIR PRODUCTS OF KSDL
India’s most admired paints coating companies2021InsightsSuccess3
Insights Success is covered "India's Most Admired Paints & Coating Companies 2021 'here we can find Trusted Paints & Coating Companies, our business magazine is especially focus on that industry to determine the contribution for the same industrialist in 2021.
This was made for my project given in my college. K.C COLLEGE, Mumbai. It includes the Product Life cycle and the 7 P'S of Woodland Shoes.
Hope you find this ppt useful :)
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Buy Verified PayPal Account | Buy Google 5 Star Reviewsusawebmarket
Buy Verified PayPal Account
Looking to buy verified PayPal accounts? Discover 7 expert tips for safely purchasing a verified PayPal account in 2024. Ensure security and reliability for your transactions.
PayPal Services Features-
🟢 Email Access
🟢 Bank Added
🟢 Card Verified
🟢 Full SSN Provided
🟢 Phone Number Access
🟢 Driving License Copy
🟢 Fasted Delivery
Client Satisfaction is Our First priority. Our services is very appropriate to buy. We assume that the first-rate way to purchase our offerings is to order on the website. If you have any worry in our cooperation usually You can order us on Skype or Telegram.
24/7 Hours Reply/Please Contact
usawebmarketEmail: support@usawebmarket.com
Skype: usawebmarket
Telegram: @usawebmarket
WhatsApp: +1(218) 203-5951
USA WEB MARKET is the Best Verified PayPal, Payoneer, Cash App, Skrill, Neteller, Stripe Account and SEO, SMM Service provider.100%Satisfection granted.100% replacement Granted.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
2. INTRODUCTION
India is a nation on move. Its liberalized and open economic policies
have shown result. New avenues have opened up for new business activity. There
is aroma of all round profession in the air. In this progressive economic scenario,
one sector that has emerged as the most happening sector is the small-scale sector.
Therefore, the Govt. of India is providing various help for establishment and its
growth. It is proving with technical, financial & other guidance also.
The main objective of selecting this product is that there is a large
demand for the candles in every occasions & festivals as India is called the country
of festivals.
AIMS & OBJECTIVES
2
3. Business objective are very imp in an enterprise. It refers to the
purpose or goal for which the organization is performing.
1. Consumer Satisfaction:
Consumer here refers to the customer to whom this products will
be supplied for future processing and making ready for final consumption.
The primary objective of OM industries are to satisfy its customers and
fulfilling their expectations.
2. Profit earning:
The second objective is to earn profit through satisfying the
customer as business cannot survive without earning profit.
3. Performing Social Responsibilities:
Performing the social responsibilities of business enterprise
price is also one of the basic moral responsibilities. Social responsibility will
be fulfilled by giving employment opportunities, providing good quality
product at reasonable rate.
VISSION OF THE COMPANY
3
4. "To be India's NO 1 Company in Candle deparment Industry Dedicated to
Quality and Consistent Performance"
MISSION OF THE COMAPANY.
Consistently make good Products at the friendliest Prices.
Constantly Grow in Volume and Value through New Ideas
And by Imbibing the World's Best Technologies, Continuing to remain
relevant to our customers in India and the World as a Brand that Stands for
our Quality and More Value for Money than any others..
PROJECT AT GLANCE
4
5. 1. Name of the Company: AV Industries
2. Location of the unit: “AV Industries”
Metoda GIDC,
Plot No. 1881
Rajkot.
3 Brand Name: ‘INDIGO’
4 Form of Organization: Partnership firm
5. Name of the Partners: Twinkal Sureja
Ankit Sureja
6. Name of the Product: Candles
7. Size of unit: Small – scale
8. Cost of Project: Rs.2778700 /-
9. Sources of Finance: Ownership Capital
10. Investment in Working
Capital: Rs.674400/-
11. Investment in Fixed
Capital: Rs.2720000/-
PROMOTERS BACKGROUND
5
9. JUSTIFICATION OF LOCATION
Best location is one, which is followed by availabilities of
infrastructure facilities with Raw Materials, labour, transportation, Govt. facilities,
9
10. if available & marketing etc. All these factors easily available at cheaper cost best
suits the factory site. These factors must be taken into due consideration before
deciding location of the unit so that any difficulties might not rise-up in future.
(a) Raw Material –
The first & foremost factor that affects the factory location is
availability of Raw Materials. Raw Material is of prime importance for the smooth
functioning of any production unit. In this unit 60% of the total cost is material
cost. The wax & thread rolls are easily available in Metoda so this site has been
selected.
(b) Supply of Labour –
Labour supply must also be cheap & readily available in ample
amount so that the work does not break down due to labour inadequacy. Making
candles is 99% manual work and therefore the need for semi-skilled & unskilled
workers arises. Here the labour is cheaply available.
(c) Transport Facilities –
A good transportation facility is very well required so that raw
materials reach in time to the unit & finished goods to the market – be it to the
wholesalers or to the retailers. A good deal of proper & cheap transport facility is
needed. Metoda has railways & roadways facility, which help to cater all markets.
At present the target market for my product is Gujarat & Maharashtra whereby
Roadways & Railways facility is easily available from Metoda.
(d) Infrastructure Facility –
For smooth functioning of any unit even the infrastructure facilities
must be properly available. Telephone, Fax, Banking, Insurance, Postal, Water,
10
11. Fuel, etc must be available at cheaper & regular interval. These are all available in
Metoda.
PRODUCT DETAILS
11
12. The brand name under which “AV” industry is going to manufacture
the candles is “INDIGO”. Indigo candles will be available in red light brown &
yellow colors.
These candles can be used during marriages, festivals, to decorate the
hotels and restaurants as the wick, which will be used, is of good quality as the
making of candles is related to quality consciousness rather than quantity.
Later on, perfumed and aromatherapy candles will also be
manufactured.
12
13. MARKET POTENTIAL
Market Potential is the scope of your product occupying space in existing
market. Your customers, your market share, your contribution in the market
13
14. already existing, share in whole industry – all these aspects are covered under the
head Market Potential.
These days the artificial lighting concept as vanished and now people prefer
natural lightening during festivals and occasions, especially religious and
marriages. Therefore demand for candles will increase.
As all the classes of people can afford the candles the sales will definitely
increase, as the new concept is very catchy.
DISTRIBUTION CHANNEL
14
15. In the field of marketing, channels of distribution indicates the routes
of pathway through which goods and services flow or move from producers
to consumers. The route of channels of distribution includes the
manufacturer and the consumer as well as all intermediaries. These
components are linked in the channel system by one or more of the
marketing flows, such as transfer of title of ownership, physical distribution
of merchandise, transfer of title of ownership, physical distribution of
merchandise, transmission of marketing information and the flow of money
in the form of payment of prices and other dues.
15
16. The channel of Candle distribution of is as follows:
Manufacture
Agents
Distributors
Dealers & Retailers
Customers
16
17. RAW MATERIALS
The raw materials are the base for the products without which the final
product is not possible. The raw materials used in making candles are:-
• Paraffin Wax-Wax is very essential for candle making. This can be
purchased at a candle making supply store and comes in the form of
granulated wax. Ensure that you buy it from quality suppliers, as it
can have a bearing on the final product.
• Color Dyes and Stearic acid - Use stearic acid to harden the candle.
It also helps the candles release from their molds by causing the wax
to shrink as it cools. Apply your creative ideas and use different or
blended colors to your candles. You can get color dyes from the
candle making supply stores and the use of these dyes depends on the
size of your candle. You can find these dyes in block, chips and liquid
form. Color dyes are highly concentrated and must be used sparingly.
• Moulds- Shop around to find out different designs of candle making
moulds. Moulds come in all shapes and sizes and you can put them to
best use by your creative efforts. You are limited only by your
imagination.
17
18. • Ladle and Spoons - Use handy metal spoons or ladle to stir the wax
and pour it out.
• Wick - There is a wide range of wick types and sizes available in the
market. Choose a wick that is suitable for the size and shape of candle
you are making. The most common candle-making wick is braided
cotton that has been treated chemically to improve the quality of
burning. If the wick is too small, the candle will not burn well
whereas a large wick will cause a smoky flame
18
19. MANUFACTURING PROCESS
Candle Making
Paraffin wax melts at 130 degrees. While the wax melts, measure the size of
wick required for your mold.
Tie the wick to the center of the pencil or dowel.
Suspend the wick in the center of the mold with the help of small weight on
the other end.
Add stearic acid and color in another pot and allow them to dissolve. Once
the temperature reaches 190 degrees, combine the mixture into the pot with
the paraffin wax.
Stir and blend them together completely while maintaining the temperature
at 190 degrees.
Finally pour the contents into the mold and let the mixture cool. As the wax
cools, it will contract and a small well will form around the wick.
Touch the candle; if it is cold it is time to remove it from the mold. Safety is
critical in candle making especially when it comes to wax melting.
Wax melting is one of the dangerous aspects of candle making.
Keep attending to your pans once you heat wax. The characteristics of a
good candle are absence of bubbles or lines and long and even burning of
the flame.
The color must be well distributed and the fragrance it emits must be
pleasant without being overpowering.
19
20. Production Capacity Schedule
Sr. no. Particulars Installed Capacity Utilized Capacity
a. Capacity in % 100% 60%
b. Daily Production 1000 Units 600 Units
c. No. of working days in
a month
25 days 25 days
d. Monthly Production
(b * c)
25000 units 15000 units
e. No. of working days in
a year
300 days 300 days
f. Yearly Production
(b * e)
300000 units 180000 units
20
23. FINANCIAL PLANNING
Finance is an important function of business. The application of
planning to the function is financial planning. It involves the policies,
determination of objectives and procedure relating to the finance function.
Financial planning is an important function of a financial manager whether a
business is big or small this function has to be performed. It is necessary to
do financial planning for an existing as well as new business.
A financial plan is a statement estimating the amount of capital and
determining its compensation and another important aspect of financial plan
is to determine the pattern of financing.
0 Before raising finance it is essential to make estimates for long term as
well as short tern financial needs.
0 Long term financing is generally needed for fixed capital requirement i.e.
purchase of fixed assets.
Short term finance is generally needed for working capital
requirement i.e. marketable securities, debtors, etc.
In Candle, the financial planning is done for long tern or short term
financial requirements. Financial planning is necessary to reduce the cost of
finance and all the long term and short term finances is raised through
23
24. family funds and overdrafts. The requirement of all the long term is also
fulfilled through bank as and when needed
Sales Forecast
Year
Capacity
(%)
Production(Units)/
annum
Sales(Units)/
annum
Rate
(S.P)
Amount
(Rs.)
1 60 180000 150000 9.5 1425000
2 70 210000 210000 10 2100000
3 80 240000 260000 10 2600000
4 90 270000 265000 10.5 2782500
5 100 300000 295000 11 3245000
Total Fixed Assets
Particulars Area Rate (Rs.) Amount
Land (sq. mt.) 1000 810 810000 810000
Building (sq. ft.) 5000 300 1500000 1500000
Equipments Quantity
Aluminum mould 8 1500 12000
Designer block 4 100 400
Stove 3 500 1500
Enamel vessels 8 50 400 14300
Other Assets
Furniture 50000 50000
Delivery Van 1 250000 250000
Computer 1 35000 35000 335000
Other equipments 700
Preliminary Expenses 60000 60000 60000
Total 2720000
24
25. Interest on Own Capital
Details Amount Rate (%)
Interest Rs.
(p.a.)
Twinkal Sureja
Ankit Sureja
694675
2084025
8
8
55578
166722
Total Interest On Capital: 222300
Depreciation @ SLM
Particulars
Rate
(%) Amount
Building 10 150000
Equipments 15 2250
Computer 40 14000
Furniture 15 7500
Delivery Van 15 37500
Total Depreciation 211250
25
26. Staff & Labour Salary
Particulars
No. of
Persons
Rate Amount/ month Amount
Manager 1 5500 5500 66000
Salesman 1 1000 1000 12000
Delivery boy 2 500 1000 12000
Peon 1 500 500 6000
Watchman 1 500 500 6000
Semi-skilled labour 3 2000 6000 72000
Unskilled labour 2 1000 2000 24000
Total Salary: 16500 198000
BREAK EVEN ANALYSIS
26
27. Break even point is the point of sale at which company makes neither
profit nor loss. The marginal costing technique is based on the idea that
difference of sales and variable cost of sales provides for a fund, which is
referred to as contribution. Contribution provides for fixed cost and profit.
At break-even point, the contribution is just enough to provide for fixed
cost. If actual sales level is above break-even point, the company will make
profit. If actual sales level is below break-even point, the company will incur
loss. When cost-volume-profit relationship is presented graphically, the
point, at which total cost line and total sales line intersect each other will be
the break-even point.
Break-even point is that point of achieving; where total revenue &
total expenses are equal. It is the point of zero profit. If the sales exceed
BEP the business will earn profit & if it decreases from BEP the business
will incur loss. Thus, BEP can be defined as the minimum level of
production & sales & company must attain in order to be economically
viable
BREAK EVEN ANALYSIS
27
28. Variable Cost
Particulars
Amount
(Rs.)
Raw Materials 360000
Salary (labourers) 96000
Other expenses (40%) 69840
Utilities (60%) 57600
Total Variable Cost: 560160
Fixed Cost
Particulars
Amount
(Rs.)
Depreciation 211250
Interest on Capital 222300
Salary (wages) 102000
Other expenses (60%) 69840
Preliminary Expenses 20000
Utilities (40%) 38400
Total Fixed Cost: 663790
28
29. Fixed cost per unit = 663790
180000
= Rs. 3.68/-
Variable cost per unit = 560160
180000
= Rs. 3.112/-
Total cost per unit = 3.96 + 3.11
= Rs.6.80/-
29
30. RATIO ANALYSIS
A comparative study of the relationship, between various items of
financial statements, expressed as ratios, reveals the profitability, liquidity,
solvency as well as the overall financial position of the enterprises.
Ratio analysis helps to analyze and understand the financial health
and trend of a business, its past performance makes it possible to have
forecast about future state of the business. Inter-firm comparison and intra-
firm comparison becomes easier through the analysis. Past performance and
future projections could be reviewed through ratio analysis easily.
The ratio analysis provides useful data to the management, which
would help them in taking important policy decisions. Diverse groups of
people make use of ratios, to determine a particular aspect of the financial
position of the company, in which they are interested.
30
31. 1. Contribution Per Unit = Sales Price - Variable Cost
per unit per unit
= 9.5 – 3.11
= Rs.6.39/-
2. BEP (in Units) = Fixed Cost _
Contribution per unit
= 663790
6.39
= 103880 units.
3. BEP (in Rs.) = BEP * Sales Price per unit
= 103880*9.5
= Rs. 986860/-
4. BEP (in %) = Fixed Cost _ * Utilized Capacity
Contribution
= 663790 *60
864840
= 46.05%
5. P/V Ratio = Contribution * 100
Sales
= 864840 * 100
1425000
= 60.69%
31
32. 6. Gross Profit Ratio = Gross Profit
Net Sales
= 873000
1425000 – 203700
= 0.72%
7. Net Profit Ratio = Net Profit *100
Sales
= 322870 * 100
1425000
= 22.65%
32
33. PROFITABILITY ANALYSIS
“Profit planning is the planning of future operations to attain
maximum profit or to maintain a specific level of profit.”
Profit is not merely a result of enough financial investment but it is a
result of collective efforts of management, their decision capacity, proper
planning of production and marketing and proper use of professional skills.
Profit means excess of revenue after deducting all expenditures,
inclusive of all cost.
33
40. FUTURE PLANS
Candle has specified future plans to follow. It has fixed goals to be
achieved in future. Certain future plans of this unit are as under.
0 Company wants to increase its sales and profit and be a large scale
industry.
0 Company wants to wider its network in whole country. For it they are
deciding to establish branches in most of the state in India.
0 To increase the production capacity and thereby employing more and
more number of workers.
0 The risk of failure of the project is that initially the required amount
of sales will not be achievable & will result in loss.
0 Initially productive would be low but cost of production may be
higher.
0 The unit will operate in highly competitive market where already
other such products have gained important position.
40
41. 0 It may take time to beat the competitor’s products.
Thus, this company has bright future vision and it wants to extend its
coverage.
41
43. COMPETITORS
Looking for the government for globalization in fast industrial
development liberalization and relaxation policy of Govt. has given very
much boosting up to the growth of industries small & big produces in India.
But now-a-days market competition has increased in all fields.
Particularly, for this product at small business concern the owner
should not fight out with the competition because there are no more than 15
small & tiny industries of Candle products in Rajkot district. We can see that
there is keen competition for such small products among big industries. But
small scale industries are trying to develop their market all over India.
43
45. Every new business requires to determine its risk factors
involved in the business. As the product is new the main risk is that whether
market will readily accept the product or not. It will prove success if it
properly marketed. Following are some of the risk factors the new business
may face:-
1. The unit will operate in competitive market where other
units have already achieved a good name in the market.
2. It may take time to beat the competitors market.
45
47. In the product project report on Candle I have discussed all financial
data relevant information.
The market of Candle is expanding & demand for the product is
increasing day by day. The return in this business is also satisfactory.
At last it can be said that future of this product is very bright.
With the expectation of high profitability & good completing of high
is assumed
That it would be the perfect product to be manufactured in today’s
environment.
47