Proposed NU Business Name Arif Store Business Category
Proposed NU Business Name : Arif Store Business Category Business Proposal Identified & Prepared by : Shopkeeping, Grocery Shop : Masum Mia, Trainee Unit Manager, Lakshmipur Region, Zone 1. Business Proposal Verified by : Md. Al Amin
BRIEF BIO OF THE PROPOSED NOBIN UDYOKTA Name and address : Arif Vill: Chandkhali, Union: Laharkandi, District: Lakshmipur Age : 31 years Marital Status : Married Children : 1 (One) Son No. of siblings : 2 (Two) Brothers and 2 (Two) Sisters Parent’s and GB related Info: (i) Who is GB member : Mother (ii) Mother’s name : Late Yesmin (iii) Father’s name : Late Atik Ullah (iv) GB member’s info : Late Yesmin Branch: Laharkandi Laxmipur, Centre # 58 Loan no. : 5221/2, Member since 01 January 0001 First loan: Tk. 5, 000 Last loan: Tk. 10, 000 Further Information: (v) Who pays GB loan installment : N/A (vi) Mobile lady : No (vii) Grameen Education Loan : N/A (viii) Any other loan : N/A
BRIEF BIO OF THE PROPOSED NOBIN UDYOKTA (CONT. . . ) Education, till to date : JSC/Eight Pass(1 to 8 Pass) Present Occupation (Besides own business, i. e. , perusing further studies, other business etc. ) : Nil Business Experiences and Training Info (years of experience, if s/he received any on- hand training, formal training, working experience as an apprentice etc. ) : He has 5 (Five) year(s) of experience in running his own business. He started the business with BDT 0 () : Other Own/Family Sources of Income : Occupation of other member(s): Housewife Other Own/Family Sources of Liabilities : N/A NU’s Contact No. : 01851229444, 01790528620 NU’s NID/Birth Certificate No. : 4182556011 NU Project Source/Reference : Grameen Trust
BRIEF HISTORY OF GB LOAN UTILIZATION BY FAMILY ■ Late Yesmin was a GB member from 01 January 0001 to 01 January 0001, at first she took GB loan BDT 5, 000 (Five Thousand).
PROPOSED NOBIN UDYOKTA BUSINESS INFO Business Name : Arif Store Address/ Location : Chad Khali Bazar, Laxmipur Sadar, Laxmipur Total Investment Required in BDT : Tk. 445, 000 Financing : Self Tk. 295, 000 Required Investment Tk. 150, 000 Present salary/drawings from business : BDT 5, 000 (Five Thousand) Proposed Salary : BDT 5, 500 (Five Thousand Five Hundred) Proposed Business Implementation Plan (i) % of present gross profit margin : From Product 20% (ii) Estimated % of proposed gross profit margin : From Product 20% (iii) In future risk mgt. plan (from fire, disaster etc. ) : N/A
INFO ON EXISTING BUSINESS OPERATIONS Particulars EB(BDT) Daily Monthly Yearly Sales income from Product(s) 3, 000 84, 000 1, 008, 000 Total Sales/commission (A) 3, 000 84, 000 1, 008, 000 Cost of Product(s) 2, 400 67, 200 806, 400 Total Cost of Sales and Services (B) 2, 400 67, 200 806, 400 600 16, 800 201, 600 Electricity Bill 300 3, 600 Generator Bill 100 1, 200 Night Guard Bill 100 1, 200 Mobile bill (SMS & Reporting) 400 4, 800 Shop Rent 2, 000 24, 000 Present salary (Entrepreneur) 5, 000 60, 000 0 0 Total Operating Cost (D) 7, 900 94, 800 Net Profit (C-D) 8, 900 106, 800 Less: Cost of Sales Gross Profit (C) [C=(A-B)] Less: Operating Cost Non Cash Item Deprecation Expenses
PRESENT & PROPOSED INVESTMENT BREAKDOWN Particulars of products Existing Proposed Investment in products (Different types of Cosmetics Item , types of Cosmetics, Jewelry and Stationary, Shoe & Sandal Confectionery item, Shoe & etc. ) Sandal etc. ) Cash in hand Bank Balance Advance Debtors Creditors Other Arrear Expense Total Capital Existing Business (BDT) 145, 000 0 0 150, 000 0 (0) 295, 000 Proposed (BDT) Total (BDT) 150, 000 295, 000 150, 000 0 (0) 445, 000
SOURCE OF FINANCE ■ Entrepreneur's Contribution BDT 295, 000 (66%) ■ GT's Investment BDT 150, 000 (34%) ■ Total Capital BDT 445, 000
FINANCIAL PROJECTION OF NU BUSINESS PLAN Particulars Year 1 (BDT) Daily Monthly Year 2 (BDT) Yearly Daily Monthly Year 3 (BDT) Yearly Daily Monthly Yearly Estimated sales income from Product(s) 3, 500 98, 000 1, 176, 000 3, 850 107, 800 1, 293, 600 4, 235 118, 580 355, 740 Total Sales/commission (A) 3, 500 98, 000 1, 176, 000 3, 850 107, 800 1, 293, 600 4, 235 118, 580 355, 740 Estimated cost of Product(s) 2, 800 78, 400 940, 800 3, 080 86, 240 1, 034, 880 3, 388 94, 864 284, 592 Est. Total Cost of Sales and Services (B) 2, 800 78, 400 940, 800 3, 080 86, 240 1, 034, 880 3, 388 94, 864 284, 592 700 19, 600 235, 200 770 21, 560 258, 720 847 23, 716 71, 148 Electricity Bill 350 4, 200 385 4, 620 424 1, 272 Generator Bill 150 1, 800 165 1, 980 182 546 Mobile bill (SMS & Reporting) 450 5, 400 495 5, 940 545 1, 635 Less: Cost of Sales Gross Profit (C) [C=(A-B)] Less: Operating Cost Night Guard Bill 150 1, 800 165 1, 980 182 546 Shop Rent 2, 000 24, 000 2, 200 26, 400 2, 420 7, 260 Proposed Salary (Entrepreneur) 5, 500 66, 000 6, 050 72, 600 6, 655 19, 965 Ownership Transfer Fee 1, 250 15, 000 1, 250 3, 750 0 0 0 Total Operating Cost (D) 9, 850 114, 450 10, 710 128, 520 11, 658 34, 974 Net Profit (C-D) 9, 750 120, 750 10, 850 130, 200 12, 058 36, 174 Non Cash Item Depriciation Expenses Retained Income 120, 750 250, 950 287, 124 Notes: 1. Agreed grace period: Three months 2. Investment Payback schedule: Quarterly installment would also include ownership transfer fee from the date of cheque deposited in NU’s business account
CASH FLOW PROJECTION ON BUSINESS PLAN (REC. & PAY. ) SL# Particular Year 1 (BDT) Year 2 (BDT) Year 3 (BDT) 1. 0 Cash Inflow 1. 1 Investment Infusion By Investor 150000 1. 2 Net Profit (Ownership Transfer Fee Added Back) 132000 145200 39924 1. 3 Depreciation Expense 0 0 0 1. 4 Opening Balance of Cash Surplus 0 64500 119700 282000 209700 159624 67500 90000 22500 Total Cash Outflow 217500 90000 22500 Total Cash Surplus 64500 119700 137124 Total Cash Inflow 2. 0 Cash Outflow 2. 1 Product Purchase 2. 2 Investment Payback Including Ownership Transfer Fee 3. 0 150000
SWOT ANALYSIS S TRENGTH W EAKNESS ▢ Present employment: Self: 1, Family: 0 Others (beyond family): 0 Future employment: 0 ▢ Trade License in his own name ▢ Skilled and working experiences (5 Years) ▢ Lack of manpower; O T PPORTUNITIES ▢ Location of shop; HREATS ▢ Increase of local competitors;
Presented at 512 th CO Executive Social Business Design Lab (GT) on April 04, 2019 at Grameen Trust Premises Thank you
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