A Business Idea upto the Feasibility Analysis: Entrepreneurship

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Transcript of A Business Idea upto the Feasibility Analysis: Entrepreneurship

Welcometo

Our Presentation

Md. Asraful Islam ChowduryLecturerDepartment of BusinessAdministration

Leading University, Sylhet

The Holy City

House Rent

Consultancy & Services

Ensure the right home for people

Service at affordable cost

Customer friendly service provider

Better service relative to others

Customized service provider

24/7 communication facilities

A feasibility analysis is process by which we cancheck whether an idea is viable that can betransformed into the reality.

Our project’s feasibility analysis should be conducted by describing 4 key areas:

1. Product & service feasibility (here service desirability)

2. Industry/ market feasibility (market feasibility)3. Organizational feasibility 4. Financial feasibility.

70%

28%

2%

Total Population

Permanent Family tenant Bachelor

Items In 1991 In 2001 In 2010

Area (sq.km) 16.92 26.05 26.50

Households 14,068 49,628 95,554

Population(million)

234,355 263,197 663,198

Ward 5 13 27

Density (persq. km)

13,851 10,103 250,26

1991 2001 2010

Population 234355 263197 663198

0

100000

200000

300000

400000

500000

600000

700000

Population

Start-up capital

** The above figure overestimates the actual expenses as it can be varied.

Particulars Amount

(Tk)

Office Rent (monthly)

Two computer (each Min tk.30,000)

Office Equipment & operating Expenses

Salaries (tk.1000 each)

Electric, Gas & Water bill (Monthly)

Miscellaneous expenses

7,000

60,000

10,000

5,000

1,500

6,500

Total Start-up cash needed Tk. 90,000

Startup capital resources

Particulars

Income:Income from rendering service(monthly income tk.60,000×12)Expenses:Incurred during operating the business(monthly expenses tk. 20,000×12)

720,000

(240,000)

Net annul incomeLess: 15% for repayment of start-up

Total profit

Tk.480,000(72000)

Tk.408,000

The project’s total financial attractiveness mainly depends on elements namely:

Invested capital amount

Risks relating business

The existing alternatives for the money being invested

The existing alternatives for the entrepreneur’s time & efforts.

Business Name : ApexOwner’s Name : Sabbir AhmedFounded in : 2014

Location : Major Tila, Sylhet.

Product Type : Shoe, Sandal, and Thongs

Main Rival : Bata & other retailer

Years’ of Involvement in Business : at the age of 15 or 16

Interests to Business: long dream to establish my own businessIndependency and be a market leader in the long

run.

Business Name : Fiza & Co.Owner’s Name : Murad Ahemd Juhel

Founded in : 2004

Location : Major Tila, Sylhet.Product Type : Groceries,

sweetmeat & cosmetics Main Rival : ShopnoNature : ProprietorshipYears’ of Involvement in Business: Near about 2 year.

Interests to Business: have dream to be a big businessman

Recommendations &

Conclusion

Thank you