Online Stitching Platform

1. 1

2. Group Members
• Yousaf Yaseen
• Abdul Hanan
• Muneeb Akhter
• Hafiz Mohammad Adeel
• Asad Inayat
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4. Table of Contents
• Problem statement
• Introduction
• Mission
• Vision
• Process Flow Chart
• SWOT Analysis
• Organizational Chart
• Project Economics
• Project Cost
• Revenue Generation-1
• Income Statement
4

5. 5
Problems Statement
• COVID-19
• Shortage of time
• Cheap Stuff/material
• Measurement issue
• Delivery problem
• Transportation issue
• Family prohibition

6. Introduction
• Modified field of tailoring
• Desired outfits either formal or informal
• Embroideries, designs, prints and clothes of customers own choice
• Easy to access website
• Will operate locally at initial level
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7. 7
Solutions:
Click to stitch provide a online platform to solve all the customer
problems regarding apparel.
1. We make a website from their our customer select the fabric and
colour.
2. In second step select the design and the embroidery that he/she
wants.
3. In third step customer give detail of their measurement.
4. Select the date when he/she wants the dress. In case of urgent we
charged extra charges.
5. In last step they checked out with half down payment and given their
mailing address.
Our Website link:
https://yousafyaseen96.wixsite.com/clicktostitch

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9. Mission and Vision
• Mission
Our mission is to provide easiness to all in selecting the apparels through
technology because we believe that a well dress person feels confident and
gives good impression to others.
• Vision
Transforming the ideas of people into reality by providing best outfits.
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10. Key Benefits:
• IT provides a platform to start a business at siting home.
• We are giving a platform to the people so they can buy and
order their desire outfits. By saving their time with low cost.
• Now a days usage of social media increase and trending
thing get viral more quickly.
• People like comfort.
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11. SWOT Analysis
Strengths:
• We Have knowledge about the fabrication quality e.g. latest trends and have
a very good experience of Fabric.
• As our public relation status, there is also credit facility available for us if we
want to avail some short loans or purchase raw material of credit. In short, if
unluckily short with some working capital we can run our store without any
interruptions.
• References would help us of gaining good quality raw material and good
quality stitching of fabric to make our product’s quality high in accordance
with customers desire.
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12. Cont.
Weaknesses:
• Trust issues regarding online shopping.
• Measurement issues for fitting conscious customers.
• Late Delivery may cause some issues as transportation is not available
sometimes.
Opportunities
•COVID-19 led many business shift to online so this is opportunity for us to
avail some benefits from this.
• Online retailing has a big scope, world is moving to virtualization. We can
expand our business with the passage of time by taking good feedback from
the customer and build our trust within the market.
• We can cover large market from online store which will help us to increase
our profit margin.
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13. Cont.
Threats
• Competitors e.g. Local tailors
• Some people enjoy shopping in market and malls with the purpose of
outing and having lunch or dinner outside.
• Lack of experience of online business.
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14. Process Flow Chart
Fabric (Raw
material)
Inspection
Cutting
Washing
(optional)
Trimming
Stitching
Final
Inspection
Pressing
Packaging
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15. Organizational Chart
Designed by PoweredTemplate.com
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OwnerManager
Designing Raw Material Stitching
Finance Marketing HR
Chief
Designer
Assistant
Designer
Manager
Assistant
Manager
Workers
Manager
Assistant
Manager
Manager
Assistant
Manager
Manager
Assistant
Manager
Manager
Assistant
Manager
Workers
Skilled
Workers
Un-skilled
Workers

16. 16
Project Cost
Description Amount (Rs.)
Capital Cost
Machinery & equipment 790,300
Furniture & fixtures 236,000
Office vehicles 250,000
Office equipment 242,500
Pre-operating costs 97,000
Total Capital Costs 1,615,800
Working Capital
Equipment spare part inventory 25,000
Raw material inventory 105,100
Upfront building rent 720,000
Upfront insurance payment 110,160
Cash 145,137
Total Working Capital 1,105,397
Total Investment 2,721,197

17. Project Financing:
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Description Details
Total Equity (50%) Rs. 1,360,598
Bank Loan (50%) Rs. 1,360,598
Markup to the Borrower (%age / annum) 12%
Tenure of the Loan (Years) 5
Project Economics
Description Details
Payback Period (Years) 1.1

18. 18
Revenue Generation – Year 1
Description Operational
Capacity @ 60%
- Year 1 (No.)
Sale Price /
Piece (Rs.)
Sales Revenue
(Rs.)
Civil Style 2900 2700 7,830,000
Ready Made Style 3500 2300 80,50,000
Total 6,400 15,880,000

19. 19
Year 1 Year 2 Year 3
Revenue:
Cost of Sales:
Cost of Raw Material
Stitching Cost
Overheads Cost including Pressing Cost
Direct Labor
Machinery Maintenance
Direct Electricity & Generator
15,880,000
6,122,800
5,782,400
352,000
583,750
471,100
477,750
18,500,200
7,750,300
6,203,100
420,400
785,200
580,500
520,000
20,500,400
8,900,400
6,500,000
475,200
850,000
670,100
580,200
Total cost of sales 13,789,800 16,259,500 17,975,900
Gross Profit 2,090,200 2,240,700 2,524,500
General administration & selling expenses
Administration expense
Administration benefits expense
Building rental expense
Electricity expense
Communications expense (phone, fax, mail, internet, etc.)
Office vehicles running expense
Office expenses (stationary, entertainment, janitorial
services, etc.)
Promotional expense
Insurance expense
Depreciation expense
320,000
25,400
720,000
75,000
120,000
35,000
180,000
130,000
110,160
99,173
350,000
35,000
792,000
90,000
122,000
40,000
182,000
125,000
95,000
99,173
420,300
46,000
871,000
120,000
125,200
48,000
188,000
132,000
88,000
99,173
Subtotal 1,814,733 1,930,173 2,137,673
Operating Income 275,467 310,527 386,827
Gain / (loss) on sale of office equipment
Gain / (loss) on sale of office vehicles
-
-
-
-
-
-
Earnings Before Interest & Taxes 275,467 310,527 386,827
Tax 65,000 70,000 78000
NET PROFIT/(LOSS) AFTER TAX 210,467 240,527 308,827
Income Statement:

20. Thank You!