Professional Documents
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How To Run An Enterprise
How To Run An Enterprise
By :
S. Afrid P.Pradeep V.Surya S.Roshan
XI std
CONTENTS s.no 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 topic Introduction Preliminary ideas Steps involved Paper making process estimation Work distribution per day Page No.
Acknowledgement
We are over helmed in all humbleness and gratefulness to acknowledge my depth to all those who have helped me to put these ideas, well above the level of simplicity and into something concrete. We would like to express my special thanks of gratitude to my teachers as well as our principal who gave us the golden opportunity to do this wonderful project on the topic "How to run an enterprise" , which also helped me in doing a lot of research and i came to know about so many new things. We are really thankful to them. Any attempt at any level cant be satisfactorily completed without the support and guidance of our parents and friends. I would like to thank my parents who helped me a lot in gathering different information, collecting data and guiding me from time to time in making this project, despite of their busy schedules, they gave me different ideas in making this project unique.
WE ONCE AGAIN THANK ONE AND ALL WHO HELPED US IN DOING THE PROJECT
Introduction
This project is all about how to run an enterprise. We go in depth to know about the nuances of starting a business and managing them efficiently and effectively. We start our Venture with an insight of what actually is entrepreneurship and what is involved in beginning a successful enterprise. We began our investigations right in our school premises in CRT. The base of our project is Paper Making by recycling paper.
Recycling paper saves energy, conserves natural resources, especially TREES that can reduces greenhouse gas emissions, and keeps landfill space free for other types of trash that can't be recycled. Recycling one ton of paper can save 17 trees, 7,000 gallons of water, 380 gallons of oil, 3.3 cubic yards of landfill space and 4,000 kilowatts of energy-enough to power the average U.S. home for six months-and reduce greenhouse gas emissions by one metric ton of carbon equivalent (MTCE).
We were helped by Mr.Rathnavel in knowing the basics and fundamentals of the paper making enterprise and managing them. The process of learning about business and their implications in life became a very interesting process.
Preliminary ideas
What we actually thought was all about the factors that would influence the factory namely: *Capital *Labor *Machinery *Power *Market affinity *Transportation And also about the prerequisites needed for the industry and we also made a rough estimation for the expenses the factory would need and the total output produced. The prerequisite are: *Land: Minimum 300sqft=300x1200 =Rs.360000 approx. If rented =Rs. *Labor: Minimum 5 workers: Salary=Rs.3000 =3000x5 = Rs.15000 *Machinery: Hydro pulper Grinder Compressor Total cost: Rs.2.5 Lakhs *Raw material: Waste paper: *Water: 600 Liters per day
*Electricity: Rs.1000
STEPS INVOLVED
Research the type of business to be launched. Talk with experts to gain advice about the need for certain products or services. Create a business plan to review with mentors. Choose a location for the retail or office space as the first official step in opening a business. Obtain a business license as soon as possible. Make an estimation of the capital you would need to invest in, like the cost to buy the land construct the factory, buy machinery etc. Talk to banks or capital investors to obtain funding. Be wise in choosing the banks or capital investors by choosing the one that offers you with less interest rate. Construct your factory as per your plans that has a good factory environment by keeping in mind the places the machineries are to be kept and the plumbing works for water, Ventilation, Proper sewage disposal systems etc. Refer the places where the required machineries are available and afford the at a lowest cost possible. Place the machinery at the planned positions in your factory and take a quick look at all needs and whether you have fulfilled them. Interview and hire employees. Begin training employees on how to work with the machineries, what would be their job and how to handle the Machineries. Help employees envision what will be expected from them on a day-to-day basis. Hold a few initial meetings to brainstorm for ideas on how the business should operate. Afford your employees with a reasonable salary. Always have a good co-operation with the workers and look forward to fulfill the basic needs they would require. Now start marketing and advertise for the orders. When orders are placed start the production and see to that you complete the orders in the given deadline. When orders are completed arrange for the transportation of the papers and get them delivered to the customer.
Have a good relationship with your customer. Look for regular orders from him/her. Complete your orders regularly and bring your company at a stable state and such that the company is familiar in the market by affording for advertisements.
ESTIMATION
EXPENCES Labor: 5 membersx3000
=Rs.15000 per month
Electricity:
1 unit=Rs.8 150 units per month:Rs1200
Water:
1 Tractor Load = 6000 lts =Rs.300 3 Loads per month=Rs.900
Machine Maintenance:
Rs.900 per month
Raw Material:
1 Kg of waste paper=Rs.6 Total no. of kgs required=625=Rs.3750
Other expenses:5000
TOTAL EXPENCES:15000+1200+900+900+3750+250+5000 =35000
PRODUCTION
300 sheets per day:1 Sheet market rate:Rs.9
After grinding 1 Person taking pulp into the sheet maker 2 Person sheet making 2 Members screw compressing to remove excess water Time duration: 6 hrs. 1 Hour Lunch break
Closing time:5 pm
CONCLUSION