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