Entrepre Nur Ship

You might also like

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 18

[Type the document title]

[Type the document subtitle]


[Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] Windows User [Pick the date]

Subject: Presented to:

Entrepreneur

Mr Abbass

Presented by:
Group Members: Muhammad lkram Muhammad Zeeshan Sana Javaid Sehrish Khalid Roll Numbers: 12052054-032 12052054-033 12052054-045 12052054-062

Semester 2rD (M.com) Section BG.T road science College Gujarat

Dedication
I dedicate this report to my parents. Because of their prayers and encouragement I have been able to complete this report. Praise is to Allah, the most Gracious and Merciful, who blessed me with the knowledge and wisdom and enabled me to overcome this task. Heartiest gratitude to my parents without their continuous encouragement and love I could not have accomplished this task.

Table of contents
Sr. No.
1 2 3 4 5 6 7 8 9

Details
Acknowledgement Introductory page Organizational Descriptions Marketing plan Industry analysis Competitors analysis Market analysis Assessment of risk and contingences Financial projections

Page No.
5 6-7 7-9 10-15 16-17 18-20 20-21 21-23 23-35

Acknowledgement

All praises and thanks for Almighty Allah who is entire source of knowledge and wisdom to mankind. And whose uniqueness, gave me enough courage, knowledge and ability to accomplish this project.AndWe are also thankful to honorable professor Sir Abbas Ali who provided us a chance to enhance our knowledge and guided us at every step during our project.

Introductory page
Name of organization: CO-Owners
Muhammad Zeeshan, Muhammad Akram, Sehrish Khalid, Sana javaid

Supreme groups of colleges.

Profile of co-owners:
Muhammad Zeeshan
MBA (finance). Distt. Gujarat Contact # 0346-5809643 Zeeshan786 @yahoo.com

Muhammad Akram :

M.Phil., (English)

Distt. gujarat Contact # 0332-8330650


Akram 786@yahoo.com

Sehrish khalid:

B.B.A (Hourns)
Distt. Gujarat Contact # 0333-789552 sehrish 786@yahoo.com

Sana javaid

M.com (Accounts) Distt. Gujrata Contact # 0345-6915034 Sana796@yahoo.com

Date of commencement:
We are going to start this college on september 01, 2014

Contact information
5

Email address:

supreme college786@yahoo.com
Phone No: 0533-604978 0533-628392 Location:
Located at main G.T Road Jada near Punjab Colleg Gujarat .

Organizational Descriptions
Mission statement:
We will provide quality education on bases of which we will attract the students our first goal will be to achieve our mission successfully Our motto is to provide professional and quality education at international standers. We are staunchly zealous and fully devoted to improve the moral, ethical and religious standers of students. InshAllah, we will provide valuable executive not only for s tudents but also for the community, country and especially for their parents.

Services description:
There are the following comprehensive benefits and features of our services.
We will provide comprehensive and detail information on internet which will be easily accessible information. Online application form submission. Online admission. Practical exercises of all relevant subjects will be conducted in college. Multimedia lectures system we will be provided.

Description:
6

We are going to provide the following major pogrammes FSC (pre-medical and engineering) ICS, I.COM, from Gujaranwala board. B.COM, BSC, . From Punjab university. M.COM, MCS. M.B.AFrom university of Gujrat.

Benefit to customer:
Quality education at door-step. Pick and droop facilities for girls and boys. We will provide scholarships to students those who having 80% and above 85% are totally free. The lectures having above 95% results will be awarded increments. Library having 50000 books. Free dispensary. Multimedia lectures.

Objectives:
Our primary objective is to provide best results and take positions in board and university.

Goal:
Our goal is to start the separate campuses for boys and girls and convert this college into university.

Organizational Design
7

Rules and regulation defined by management:


Following rules and regulation will be implemented by the management students are advised to abide by these rules. No relaxation will be given to any students if he or she breaks any rule. Candidate must appear with original documents before the interview committee at the admission. Fee deposited once will not be refundable except certain cases as suggest by management. A students having less than 90% attendance will not be allowed in final examination board or university. In case of absence or failure in college examination students will not be allowed to appear in final examination of board or university. A student should give respect to staff and his/ her fellows. No students will allow smoking in the premises. No students will be allowed to sit in the class room if he or she will late for more than ten Minutes. Students can claim their dissatisfaction regarding college life and study either to their teacher or to the principal, if necessary. The students are not allowed to leave the class without permission.

College will not responsible for any mail sent to the student at his/her college address.

Management team& administration:


Muhammad Akram Muhammad Zesshan Sana javaid Sehrish khalid Tayyab khan Maryam Bibi Saba Butt Rafique Dillnawaz Salman mailk Ansar nawaz Principal of both campuses Vice principal/Finance manager HR officer Managing director Administrator science Lab Girls Affairs In-charge Administrator computer lab Sweeper Chief security officer Office boy Transport in-charge

Faculty members:
Permanent:
Muhammad Zeeshan Muhammad Akram Sana javaid Sehrish kahlid Akmal baloch Sehrish Khalid Sana Javaid M.Phill in English MBA(finance) M.com (Accounts) BBA honors MSC Mathematics MSC Biology M. Com

Ayesha Mugal

MA physics,MSC chemistry

Visiting:
Nadeem arshad Mansoor Rehim Hammad Afzal Asif Qasim Rohail khan Amjad Ali BBA honors MA Education MSC Economics MCSPhysics MA Physical Education (PTI) MA Library Science (Librarian)

Marketing plan
Marketing plan of any organization consists on the 4ps i.e. Product(services) Place Promotion price

For our organization we will use these four as.

Services:
We will offer the best available services by utilizing all our resources. We will offer the following programmers F.sc I.com B.sc B.com

10

M.com M..B.A

With that we offer a lot more facilities.

Seasonality programs:
Will offer the seasonal base programs that are regular classes will be following throughout the year and in summer vocation will offers certain programs. Incentive will be provided to our own students in the form of 50% discount on each program. Computer short courses. Typing course. English language course(IELTS) Improve writing course

Pricing strategies:
The prices which will charge will be as
Program s Admissio n fee Security fee Tuition fee Lab charges Library fee Transpor t charges Generato r charges F.sc 2000/ 1500/ Refundabl e 9500/ 2500/ 2000/ 1500/ Adjusted 2500/ I.com 2000/ 1500/ Refundabl e 9500/ 2500/ 2000/ 1500/ Adjusted 2500/ B.com 3000/ 2000/ Refundabl e 12000/ 2500/ 2000/ 1500/ Adjusted 2500/ B.sc 3000/ 2000/ Refundabl e 12000/ 2500/ 2000/ 1500/ Adjusted 2500/ M..com&M..B. A 5000/ 3000/ Refundable 15000/ 2500/ 2000/ 1500/ Adjusted 2500/

11

Sports charges Total

1000/ 22500/-

1000/ 22500/-

1000/ 25500/-

1000/ 25500/-

1000/ 32500/-

Promotion &Advertisement strategies


The promotion of the college will do through different methods.

News paper:
Local and national news paper will be used as a source of advertisement.

TV &Radio channels:
Different TV & Radio channels will be used as an advertisement source. Cable operator will be contracted for this purpose. Opinion leaders will be used as a tool to give advices to people on TV channels and tell the peoples about the value of knowledge and also the role of th is institution in this field.

Showing best results:


Advertisement can be done by providing best results and taking top positions in the board through this process we will attract the maximum students.

Banners and posters:


Banners will be used in the different places in a city to provide the information about the college.

Place:
Located at main G.T Road Jada near Punjab Colleg e Gujarat

Industry analysis
In the recant five year the literacy rate in Gujrata has gone up from 43% to 60% which shows that the trend of education grown people like quality education. Before 3 years, there were only 4 colleges Gujarat city and now there are 13 to 15 private colleges are settled for higher education. Punjab College has realized as a

12

major force in this industry. In the last 3 years mostly colleges has been take n the affiliation from Punjab University to take competitive advantage from others .

Porter five forces model:


We have done the analysis of industry by applying the porter five forces model. Michal porter explained the five forces to analyze the industry. These forces are Bargaining power of customer Bargaining power of supplier. Threat of new entry. Threat of substitutes Competition among competitors.

Now we will apply all this to analyze our industry.

Bargaining power of customer:


Bargaining power of customer is high in this industry. Because there are a number of institutions in this industry and having almost similar services if anyone didnt facilitate the customer or charge more then the customer will switch off.

Strategies Bargaining power of customer:


We will provide the better facilities to customers, and charge the fees according to the economic conditions and the buying power of the customers. We will also provide the best services to the customer and will charge according to the services. We will provide extra time to the customers in order to satisfy them.

Bargaining power of supplier:


The bargaining power of supplier is low because there are number are competitor providing almost same services and facilities with little difference. If a supplier fails to satisfy the customers will switch off. The parents of student desire good results but if supplier did not meat their desires he will switch to other suppliers.

Strategies: 13

We will provide desirable results with hardworking and devotional strategies, an also provide best quality education, facilities, and competitive environment for students, where they can grow their skills and abilities.

Threat of new entry:


The threat of new entry is high because there is no restriction from government and also there is environment of education every one wants to get education in innovative style that is people like that the educational institutes which has more facilities affordable cost and most important that it has the practical approach in education. So any one who has huge capital and all these facilities have an open entry in the market. He can capture the market at any time or any where.

Strategies:
We have effective and Strong strategies against new entry we will provide education in innovative style with low cost as compare to our facilities. We will make strong market research on order to know the requirement of customer and we will meat them very well.

Threat of substitutes:
Threat of substitute means that the services and facilities that we offering are approximately similar to our competitors. The services and facilities that we offering and they are offering the same but with low quality if they improve their quality they can use as substitute against us in near future.

Strategies against Threat of substitutes:


Using update and innovative strategy for technology. We will update the technology according to market need.

Competitors analysis
According to nature of our business and need and scope of education, following are the our major competitors in this line of business; Punjab Group of Colleges33 PICS College of commerce17 The Superior College20 M.A Jinnah college23%

14

Others competitors:7%
Wings College Islamic Asian college ILM College

Competitor analysis:
Punjab Group of Colleges is our major competitor in Gujarat they provides same services like our business. They contained 33% of market share.

Financial projections
Financial resources:
Finance is arrange through equity finance source The finances description are as,

Finance provided by owners :


10 Lack arrange by the owners through equal contribution of Rs.10 0,0000 each. Muhammad Akram Muhammad Zesshan Sana javaid Sehrish khalid

Initially we have made budget of Rs.40 , 000,000 and Rs. I00,0000 keep as a reserve. The owner can draw 15% of their share out of profit 5% of share profit will us as ploughing-back in business and other terms and condition are detailed in contract. Land is arranged on lease with annual installments for 20 years.

ANALYSIS OF HR-PRACTICES
HRM PLANNING & WORKING
15

HRM planning and Working has a focus on following challenges as well as opportunities.

HR STRATEGIES
Cust omer oriented approac h to retain cust omers loy alty Restructuring: inclusion of new corporate culture Retention of critical Human Resource Motivation of employ ees

RECRUITMENT PROCEDURE
The recruitme nt proc edure is as follows: First position or v acancy is announced in the print media through newspapers res pectively. Then applications are scrutinized as per specification in t he job description and job specific ation. Candidates are being short-listed. The next step is Test of short-listed candidates. The next step of the recruitment process is the interv iew. They usually conduct a structured and semi-structured interview for t he candidates. Last but not the least is the verific ation of t he documents.

SELECTION:T he process of choosing from a pool of applic ant s the individual or


individuals who best fit the selection criteria for a given position. They has got very effective and efficient selection c riteria.

Pay Scale s & Opportunities:


16

A according to the inf ormation gathere d by us is as follows: Employees have good salary as we compare to ot her Governme nt Organizations employees have less pay if we compare t hem wit h othe r priv ate sector Employee s comparable at same designations and jobs. Minimum pay RS.6 000 and above

17

You might also like