The Youth World- innovative business idea..
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Transcript of The Youth World- innovative business idea..
The Youth World
Presented By : Navjot Kaur Harmanjit Kaur Prabhdeep Kaur Ranjit Kaur Simarjit Singh Shubhanjali
The Youth World, Near Cabana Hotel, Main Road Phagwara (Jal)
Mission
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Our mission is to provide the highest form of entertainment in the any town community. We offer the best bowling, pooling, swimming and overall entertainment for the entire family !! We will provide a friendly, comfortable atmosphere where the customers can receive entertainment as well as quality food, drinks and service at a reasonable price.
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THE YOUTH WORLD, ”We want to be the young people’s top choice for fun day out, with food, entertainment and an entertainment that keeps them here for hours.” This type of bowling alley, gaming centre, pooling & swimming centre with restaurant often has themed days to draw people in and serves plenty of food and drinks to make “THE YOUTH WORLD” a none stop destination for fun.
Vision
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Strengths: Reasonable prices,
wide variety of games and
arrangement of snacks in it.
Weaknesses : Start-up costs, new
business, will take time to earn goodwill.
Threats : Cabana hotel and other local
restaurants and other outdoor
games.
Opportunities : Job opportunities for
many unemployed in catering and solving
any dispute.
SWOT Analysi
s
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Organizational Structure
OwnersNavjot Kaur, Harmanjit Kaur, Prabhdeep Kaur, Ranjit Kaur, Shubhanjali, Simarjit
Singh
Bowling & Swimming Department Head
Harmanjit Kaur & Simarjit Singh
Asst. Head
Position StaffSwim CoachLife guard
Bowling Trainer
Pool & Gaming Department Head
Shubhanjali & Prabhdeep Kaur
Asst. Head
Position StaffTrainer
Guard for any dispute
Restaurant Department Head
Navjot Kaur & Ranjit Kaur
Kitchen Asst. (Chief)
Position Staff Line Cooks Prep.
DishwashersPantry
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Type of BusinessOur business will be run as a Partnership.All debts and liabilities of this business will be our responsibility. We will pay personal income taxes on the profits made. This will make accounting much simpler.With having a Partnership, we can also deduct our business losses to the extent of our total income that we may have from all the sources.
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Capital Structure We all six partners are investing Rs. 3,00,000 of our own money in the project.Simarjit is also using his own land and building.We are also requesting five year loan of Rs. 7,00,000 to complete start up funding for this new venture.Based on our market research, we conservatively projects sales over Rs. 2,00,000 in one year, with a strong Net Profit in 3 years.
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LocationWe are going to establish our business near Cabana Hotel, Main road Phagwara (Jal).The land and building is owned by our partner Simarjit Singh, for this we all partners are agreed to give him extra incentives.The location of our business is surrounded by two universities and colleges. There are also many hotels and resorts nearby and it is on the main road.This location is best for our business as it is nearby universities and colleges which attract more youngsters and it is on the main road so the transportation facilities can be easily available also the customers staying at nearby hotel can easily approach here to enjoy the games as well as food at reasonable price.
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We are planning to appoint 11 employees in different departments.
Employees
•Employee Duty SalaryAssist. Head Performs managerial
functions, Book keeping, Link pin b/w departmental head and workers.
20,000
Swimming coach
Teach swimming to the customers.
18,000
Life Guard Arranges swimming equipments and maintain safety.
12,000
Bowling Trainer
Teach bowling techniques to the customers.
15,000
BOWLING AND SWIMMING DEPARTMENT
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Employees Duty SalaryAssist. Head Performs managerial
functions, Book keeping, Link pin b/w departmental head and workers.
20,000
Trainer Guides rule and regulations of pool game and other video games, teach the customers to play pool game.
18,000
Guard for any Dispute
Responsible for any dispute and maintain peaceful environment.
10,000
POOL AND SWIMMING
DEPARTMENT
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Employees Duty SalaryKitchen Assist. (Chief)
Arranges the material used in kitchen, Makes dishes according to the demand of the customers, guides the workers in the kitchen.
30,000
Line Cooks Prep. Prepare the meal as guided by chief, serves the meal to the customers by taking order.
20,000
Dishwashers Washes all the dishes, responsible for collecting the dishes back, arranges the dishes in order at right place.
10,000
Pantry Store all the materials at right place, cleans the gaming center as well as restaurant.
8,000
RESTAURANT DEPARTMENT
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Key To SuccessLocation- Our location is on the main road near Cabana Hotel which will bring more customers to our gaming centre also they can enjoy the food here.Low over head cost- As our partner owned land and building which is invested in our business has lowered the startup cost up to Rs. 25,00,000.Wide Range of Services- We are providing wide range of games and food which will attract a lot of customers as many of these services like pooling, bowling etc was not there previously.
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THANK
YOU……