Proposed NU Business Name Shakil Store Business Category
Proposed NU Business Name : Shakil Store Business Category : Micro Business, Dealership Business Proposal Identified & Prepared by : Kazem Uddin, Officer, Porshoram, Feni, All Zone. Business Proposal Verified by : Anisar Rahman
BRIEF BIO OF THE PROPOSED NOBIN UDYOKTA Name and address : Abdul Latif Shakil Vill: Chithalia, Union: Chithalia, District: Feni Age : 24 years Marital Status : Single Children : No childrens No. of siblings : 2 (Two) Sisters Parent’s and GB related Info: (i) Who is GB member : Mother (ii) Mother’s name : Parvin Akter (iii) Father’s name : Jasim Uddin (iv) GB member’s info : Parvin Akter Branch: Parshuram, Chagalniya, Centre # 86 Loan no. : 7343, Member since 03 February 2013 Existing loan: Tk. 16, 000 Outstanding loan: Tk. 14, 944 Further Information: (v) Who pays GB loan installment : Entrepreneur's Mother (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 : Secondary School Certificate 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. ) Other Own/Family Sources of Income : He has 1 (One) year(s) of experience in running his own business. He started the business with BDT 80, 000 (Eighty Thousand) : : Father's occupation: Farmer Mother's occupation: Housewife Occupation of other member(s): Farmer Other Own/Family Sources of Liabilities : N/A NU’s Contact No. : 01788317758, NU’s NID/Birth Certificate No. : 19963015123000008 NU Project Source/Reference : Grameen Shakti Samajik Byabosha Ltd
BRIEF HISTORY OF GB LOAN UTILIZATION BY FAMILY ■ Parvin Akter is a GB member since 03 February 2013, at first she took GB loan BDT 5, 000 (Five Thousand).
PROPOSED NOBIN UDYOKTA BUSINESS INFO Business Name : Shakil Store Address/ Location : Chitholia mainroad, Parshuram , Feni. Total Investment Required in BDT : Tk. 150, 000 Financing : Self Tk. 100, 000 Required Investment Tk. 50, 000 Present salary/drawings from business : N/A Proposed Salary : N/A Proposed Business Implementation Plan (i) % of present gross profit margin : From Product 10% (ii) Estimated % of proposed gross profit margin : From Product 15% (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) 5, 000 140, 000 1, 680, 000 Total Sales/commission (A) 5, 000 140, 000 1, 680, 000 Cost of Product(s) 4, 500 126, 000 1, 512, 000 Total Cost of Sales and Services (B) 4, 500 126, 000 1, 512, 000 500 14, 000 168, 000 2, 500 30, 000 Electricity Bill 300 3, 600 Transportation Expense 200 2, 400 5, 000 60, 000 Entertainment Expenses 200 2, 400 Mobile Bill 300 3, 600 0 0 Total Operating Cost (D) 8, 500 102, 000 Net Profit (C-D) 5, 500 66, 000 Less: Cost of Sales Gross Profit (C) [C=(A-B)] Less: Operating Cost Shop Rent Salary entraprenuer Non Cash Item Deprecation Expenses
PRESENT & PROPOSED INVESTMENT BREAKDOWN Particulars of products Existing Proposed Investment in products (Others etc. ) Cash in hand Bank Balance Advance Debtors Creditors Other Arrear Expense Total Capital Existing Business (BDT) 100, 000 0 0 (0) 100, 000 Proposed (BDT) Total (BDT) 50, 000 150, 000 0 0 (0) 150, 000
SOURCE OF FINANCE ■ Entrepreneur's Contribution BDT 100, 000 (66%) ■ GSSB's Investment BDT 50, 000 (34%) ■ Total Capital BDT 150, 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) 6, 000 168, 000 2, 016, 000 6, 300 176, 400 2, 116, 800 6, 615 185, 220 555, 660 Total Sales/commission (A) 6, 000 168, 000 2, 016, 000 6, 300 176, 400 2, 116, 800 6, 615 185, 220 555, 660 Estimated cost of Product(s) 5, 100 142, 800 1, 713, 600 5, 355 149, 940 1, 799, 280 5, 623 157, 444 472, 332 Est. Total Cost of Sales and Services (B) 5, 100 142, 800 1, 713, 600 5, 355 149, 940 1, 799, 280 5, 623 157, 444 472, 332 900 25, 200 302, 400 945 26, 460 317, 520 992 27, 776 83, 328 2, 500 30, 000 2, 750 33, 000 3, 025 9, 075 Electricity Bill 400 4, 800 440 5, 280 484 1, 452 Transportation Expense 200 2, 400 220 2, 640 242 726 Less: Cost of Sales Gross Profit (C) [C=(A-B)] Less: Operating Cost Shop Rent Salary entraprenuer 5, 000 60, 000 5, 500 66, 000 6, 050 18, 150 Entertainment Expenses 250 3, 000 275 3, 300 303 909 Mobile Bill 400 4, 800 440 5, 280 484 1, 452 Ownership Transfer Fee 417 3, 753 417 5, 004 417 1, 243 0 0 0 9, 167 108, 753 10, 042 120, 504 11, 005 33, 007 16, 033 193, 647 16, 418 197, 016 16, 771 50, 321 Non Cash Item Depriciation Expenses Total Operating Cost (D) Net Profit (C-D) Retained Income 193, 647 390, 663 440, 984 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 1. 0 Cash Inflow 1. 1 Investment Infusion By Investor 1. 2 Net Profit (Ownership Transfer Fee Added Back) 1. 3 1. 4 Year 1 (BDT) Year 2 (BDT) Year 3 (BDT) 50000 197400 202020 51564 Depreciation Expense 0 0 0 Opening Balance of Cash Surplus 0 174900 346920 247400 376920 398484 Total Cash Inflow 2. 0 Cash Outflow 2. 1 Product Purchase 50000 2. 2 Investment Payback Including Ownership Transfer Fee 22500 30000 7500 Total Cash Outflow 72500 30000 7500 Total Cash Surplus 174900 346920 390984 3. 0
SWOT ANALYSIS S TRENGTH W EAKNESS ▢ Present employment: Self: 1, Family: 1 Others (beyond family): 0 Future employment: 0 ▢ Trade License in his own name ▢ Skilled and working experiences (1 Years) O PPORTUNITIES T HREATS
Presented at 325 th FO Executive Social Business Design Lab (GSSB) on August 13, 2018 at Grameen Shakti Samajik Byabosha Ltd Premises Thank you
- Slides: 12