managerial acconting project

8/7/2019 managerial acconting project

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SUBMITTED BY

Ankit Aggarwal

FT-IB-10-809

ACKNOWLEDGEMENT

I would like to thank my faculty for giving me the opportunity to in the field

of managerial accounting . While developing this project I have learn t many

things which will undoubtedly help me in the future.


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A well combination of theory of marketing and accounting and the

practice of cost accounting helped me in compiling this project on 'setting up

a centralized / chain ' business .

I am also very much indebted to our college for providing us a

conducive environment to learn and implement our theoretical knowledgeinto practice.

I am also grateful to my friends and family who supported me and all

those people directly or indirectly helped me in accomplishing this project.

CENTRALISED BUSINESS /CHAIN OF FAST FOOD . .

FOODFUSIONN..

1.Company summary

2.Swot Analysis

3.Market Analysis

4.Financial plan


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5.Future plan..

COMPANY SUMMARY

FOODFUSIONN is the concept to serve delicious street food in a

most hygienic way. The idea is to bring all the food vender that

operates on street under one company and make them legal ..so,

that they will operate with companys brand name and logos.

They will mainly carry out their business at different junction of

the city which are busy . For ex. Alutikkiwala,chaatwalaGolgapawala, Vhelpuriwala ..

company ownershipThe business will start out as a sole -proprietorship owned by the

founder ..

Start-up-summaryThe Founder of the company is Ankit Aggarwal . He is has

completed his post Graduation diploma in business management

in Inetrnational Business (PGDM-IB) IILM-GSM ,a prestigious

college in greater noida.


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How I will go about my plan

1.A impermanent structure will be allotted to the vender

on a contract basis .for ex 6month ,1year.

2.The stall will be allotted to general people after properverification of their background.

3.I have plan to accumulate some fund from public it

self.

SWOT ANALYSIS OF :FOODFUSIONN

STRENGTH1.The concept is unique and new in the market.

2.Foods will be easily available at different parts of the city .

3.Quality food in low price that every body can afford.

4.Good promotion medium.

WEEKNESS

1.New player in the market .2.specification of place for business.

OPPORTUNITY

1.To capitalize on the increasing demand of junk food market.

2.Growing trend and customer base .

3.R.B.I taking steps in influencing bank for cheaper interest on loan .

THREAT

1.Emergence of any player and thus increasing more competition .

2.Additional services tax of 12.5%.

3.Present inflation may force us to increase the price of our product.


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MARKET ANALYSIS

Strategy and implementation summary.

Our strategy is simple we intend to succeed by giving

people a combination of great ,healthy food at low cost.

Implementation isn't simple ,but that's in doing for it,

not in the plan .

COMPETITIVE EDGE.

My competitive edge is my uniqueness of my concept.

MANAGEMENT SUMMARY

As far is management is concerned the founder hasundergone a rigorous management education in various

fields,a rigorous summer training in company and also

have a valuable experience in business(sweets).besides,

to meet the complexities of the business and to ensure

proper functioning ,we are also hiring a manager with

over 10 year of experience in required industry .

FINANCIAL PLAN.

I expect to raise rs 50000 thousand from each vendor


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ie;if I start my business near about 100 vendor I will

able to raise (25000*100=25,00,000) lakh and to

borrow rs 2500000 gauranteed by SBA as a 10 year loan

.BREAKEVEN ANALYSIS.

My break even analysis is based on the average of the

first year numbers. Total amount generated as revenue

from sales during the year ,total cost of sales and all

expenses .i realize that this is not really same as fixed

cost ,but this conservative assumption make for a betterestimate of real risk..

PROJECTED PROFIT AND LOSS

As the profit and loss table shows , I expect to become

barely profitable in the first year it self .

Proforma profit and loss account. 2011(rs)Revenue Generated (Sales)300000*12 =3600000

Establishment cost of stall = 2500000

others = 0

........................................................

Total cost of sales = 3600000

gross margin =1100000

Gross margin% = 44%

Expenses


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Government license obtained

for trading.. =300000

pay roll =100000

other =000000.................................................

Total operating expenses profit

before interest and taxes.. =400000

Interest paid 16% =400000

Taxes paid 30% =90000

Net profit =210000...............................................

PROJECTED BALANCESHEET

ASSETS 2011

office building 2200000copy right 200000

Trademark 100000

cash in hand 200000

Total asset 2700000


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LIABILITIES

capital 2500000

creditor 150000bills payable 50000

Total liabilities 2700000

FUTURE PLAN ..

As per the plan the company will break even in the first

year .The company will earn a profit around 8% on

sales which is a very good sign .The requirement of theworking capital will be met by the cash generated from

vendor .By the end of the year the company will have a

2.10 lakh .The goal of the company in the first two year

is to increase its market penetration by increasing its

number of units as vendor .The company will try to

reach up to 500 units as vendor in major cities of India .The company also has the strategy to open

theme food outlets in Delhi and different cities as early

as possible.


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( Plan is not yet completed )

Documents

managerial acconting project