Financial forecasts:

We at Parampara deal with wedding consultancy and planning services. Currently there are 5 partners of the firm and it employs 5 people. We expect that by effective advertising we will able to organize 35 marriages during the first year which is expected to be 50 in the 2nd years, 75 in the 3rd, 100 in the 4th and 140 in the 5th. We expect to make post tax profit of 2183680 in the 1st year, 3260278 in the 2nd, 6310624 in the 3rd, 8689919 in the 4th and 14285132 in the 5th.

Following is the projected return on the capital employed: Capital employed Post tax net profit of the year Rs.3000000 2183680 3260278 6310624 8689919 14285132 72.78 108.68 210.35 289.67 476.17 Return (%)

Financing requirements:
Parampara is started with an initial capital of Rs.3000000 contributed by all the five partners of the firm in equal share. The members have invested this sum from the following sources: Naren Mansukhani employed 600000 from the his own savings, Kavin Desai had a Life Insurance Policy of 2000000 which matured at the age of 20, Anurag Bansal had a savings of around 1000000 and Shivangi Kanodia and Yash Seth had taken their share of capital from their family business and invested it.

Future planning:
Looking at the projected returns of the firm we plan to buy an office in the Suburbs during the next year. The cash and bank balance of the firm is too high. We also plan to invest on assets like lighting used for the marriage purposes. The employees strength also needs to be improved keeping in mind the growth potential.