Professional Documents
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Financial Management: Umair Ahmed Registration No: 18
Financial Management: Umair Ahmed Registration No: 18
Financial Management: Umair Ahmed Registration No: 18
Financial Management
Final report
MCOM 7A
Sir Noman Nazir sb
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ACKNOWLEDGEMENT
First of all, we thank ALLAH who give us opportunity to do this project. We would like to
express our special thanks of gratitude to our great and respectable teacher PROF. Noman
Nazir who gave us the golden opportunity to do this wonderful project on the topic Start up
ideas, which also help us in doing a lot of research and we came to know about so many new
things. We are really thankful to him for his kind and continuous encouragement and give us
guidance during all phases of this study. It enabled us to solve many difficult issues in this topic.
Secondly, many students especially team members made and gave ideas on this project, which
gave us inspiration to improve our project. We thanks to all the people especially for their help
directly and indirectly to complete our project.
The library and its stuff has very kindly helped to provide assistance with regard to this research.
Without mentioning individual names, we express our gratitude to all of them.
Finally, we would like to thank all the respondents, for their kind cooperation and patience in
giving information and extending all students during this study.
Contents
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1.1 It is hard to find the desire platform at the time of recognition, value and career path. Further,
if anyone wants to pursue and needs a platform where the general public or naat lovers can see
them performing, he or she needs to reach the audience themselves without any platform. I know
a group of naatkhwan who wants to embrace naat as passion but they could not find any place
where they can get recognition apart from their own efforts.
1.2 أناشيدis an online platform and live set up of a studio which will solve the problems of
emerging naatkhwan stated above. First of all it will be easy for the young naatkhwan to get
recognized and make use of their talent. Then, for live appearances or performance we will be
arranging live shows in our studio. The most important thing is that he/she can easily get
registered for a live audition and if they get selected, they will become the member of أناشيد
Family in which we will give them way for further contracts for live shows.
1.3 Our market is mainly the young talented naatkhwan having desire of making themselves a
good naatkhwan. These mainly targeted people are eager to ease out their daily life through
online and naatkhwan facilities available.
أناشيدhas targeted these markets
➢ Emerging naatkhwan who are seeking good platform within their city to get value in the
name of popularity and career orientation.
➢ Naat lovers who every now and then crave for naat or likes to be in a naatkhwan
environment.
➢ naatkhwan who are already performing in their schools, colleges or universities.
1.4 Studio أناشيدas of now holds no rival in its market. أناشيدis somewhat its own, starting for the
specific first time ever of. There are a few options yet they are not exceptionally relatable to the
possibility of Studio أناشيد. Some Facebook posts or in WhatsApp videos, this class has some
place yet its distinctive in light of the fact that Studio أناش?يدwon't just give platform yet in
addition offer them advantageous access to the arrangement by their audience.
1.5 It is estimated that start-up expenses will near PRs. This amount of money will be used to
purchase naatkhwan equipment, studio environment, website development, application
development and maintenance, promotion and other start-up expenses. We will also need
approximately PRs. 100000 for cash on hand at start-up. Expenses and initial cash requirements
will be funded by all partners.
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As were planning to start our business from Faisalabad our target market will be selected
according to its analysis. The total population of Faisalabad is 3.2 million.
3.2.1 Market Needs
We are living in a nation who faces serious difficulties when it comes to facilitation. Pakistan is a
crowded nation whose populace is ascending at considerably quicker pace. Along these lines, an
expansion in the odds of Talented naatkhwans and naatkhwans lovers as well. In this way, there
was dependably the need of naatkhwans studio in the nation. Presently, as the attention to the
entertainment industry cognizance is expanding, individuals are pulled in to survey their taste of
naatkhwans as a hobby.
Just about 90% of the urban occupants don't very much aware of the great naatkhwans residing
in their neighborhood. So keeping in see this extreme market hole in the city. We offers this
Studio أناشيدto the inhabitants for their benefit.
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Our strategy for a successful start is based on quickly creating a high profile and name
recognition within the community through public speaking, networking, promotional events, and
print advertising. These marketing tools will be followed up with a sales strategy that relies on a
pleasant and accessible location, well-trained, highly motivated employees, and a commitment to
provide the best care and patient experience possible in every interaction. The advantage of this
strategy is that every element of it is within our control.
4.4 Technology
In order to facilitate our users in the best manner, the app will be available in both the Google
Play Store and the App Store. It will also be user friendly and easy to navigate. Our website
includes google calender and schedule tracking system and online database.
4.6 Milestones
We have established some basic milestones to keep the business plan priorities in place.
Responsibility for implementation falls on the shoulders of all partners. This Milestones table
will be updated as the year progresses using the actual tables. New milestones will be added as
the first year of operations commences. Our milestones include
● Developing website and application
● Registering Musicians
● Designing and promotions
● Begin our first show
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START-UP FUNDING
Assets
Website 50,000
Mics 60,000
IT boards 50,000
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3 Laptops 320000
Lights 18,000
5 Fans 35,000
Liabilities
Capital
Planned Investment
Abdurehman 200,000
Arbaz 200,000
Talha 200,000
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Shahab 200,000
Waleed 200,000
BREAK-EVEN ANALYSIS
Assumptions:
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EXPENSES
Website 50,000
Youtube 60,000
MICS 72,000
HD STANDS 50,000
5 Laptops 320000
Lights 18,000
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6 Fans 35,000
Expenses
Depreciation $0 $0 $0
Assets
Current Assets
Long-term Assets
Long-term Assets $0 $0 $0
Accumulated Depreciation $0 $0 $0
Current Liabilities
Current Borrowing $0 $0 $0
Business Ratios
The following table outlines some of the more important ratios from the Studio
أناش??يد. The final column, Industry Profile, details specific ratios based on the
industry.
RATIO ANALYSIS
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Percent of Sales
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Main Ratios
Activity Ratios
Debt Ratios
Liquidity Ratios
Additional Ratios