Scribd Logo
Upload

Welcome to Scribd!

  • New Microsoft Office Word Document

    Uploaded by

    MdMahbuburRahman
    42 views1 page
    The document discusses a plan proposed by the author two years ago to open a stationary shop near their university campus, which was relocating. The author outlined considerations for the plan such as financing from 5 friends totaling 15 lacs, renting a location for 15,000 per month, selling stationary and printing products to earn an estimated 50,000 per month in profit. However, the author convinced their friends to abandon the plan, noting that with many competitors in the new location, profits would be minimized, and depositing the money in a bank would yield the same profit without the work. Later, they observed the estimated 50,000 monthly profit was unrealistic given competition and the university not operating full-time.

    Original Description:

    Document

    Original Title

    New Microsoft Office Word Document (2)

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document discusses a plan proposed by the author two years ago to open a stationary shop near their university campus, which was relocating. The author outlined considerations for the plan such as financing from 5 friends totaling 15 lacs, renting a location for 15,000 per month, selling stationary and printing products to earn an estimated 50,000 per month in profit. However, the author convinced their friends to abandon the plan, noting that with many competitors in the new location, profits would be minimized, and depositing the money in a bank would yield the same profit without the work. Later, they observed the estimated 50,000 monthly profit was unrealistic given competition and the university not operating full-time.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    42 views1 page

    New Microsoft Office Word Document

    Uploaded by

    MdMahbuburRahman
    The document discusses a plan proposed by the author two years ago to open a stationary shop near their university campus, which was relocating. The author outlined considerations for the plan such as financing from 5 friends totaling 15 lacs, renting a location for 15,000 per month, selling stationary and printing products to earn an estimated 50,000 per month in profit. However, the author convinced their friends to abandon the plan, noting that with many competitors in the new location, profits would be minimized, and depositing the money in a bank would yield the same profit without the work. Later, they observed the estimated 50,000 monthly profit was unrealistic given competition and the university not operating full-time.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    It is almost two years ago, when I came up with the idea.

    Our university campus was shifting from Mohakhali to Aftabnagar. In Mohakhali Campus, there was only 1 stationary shop behind the University. So I have decided to set a shop in the new campus. For this reason, I tried to find out some sort point. 1. Financing matter; 2. Location; 3. Products; 4. Approximate Income 5. Workers; and above all, the profitability. Financing matter was sharing of 5 friends amount (15 lacs) and the location was in front of Campus which would cost 15000 per month. Product will be stationary product, photo copy, printings etc. from which we will be able to earn approximately 50000 per month. If we hire two employees or we work there, full time cost will be minimum 15000, other expense will be 5000.Then the remaining 15000(50000-15000-15000-5000) will be the profit if the plan is perfect. Four of my friend agreed to this situation but I told them to leave this project and the reason that I gave*In Mohakhali campus, there is 1 shop that earns 50000 but there will be many competitors which will minimize profit. *If we deposit it in the bank, we will get that profit rather than working that much- Opportunity Cost. Finally, the result was as usual. We left the project and what we noticed later is that 50000 profits are impossible as there are much competitors and University does not continue for all days in a week.

    You might also like