BUSINESS PLAN

ON
ARORA HR CONSULTANCY.

SUBMITTED TO,
PROF. VINOD L DESHPANDE

SUBMITTED BY,
SHRUTHI N

TRUPTI SAMBREKAR

KUMARI SHWETHA

CHETHNA HOSMANI

INTRODUCTORY PAGE
PARTICULARS OF THE ENTERPRISES

1. ARORA HR Consultancy.

2. CTS no 3935/2, 2nd floor, Takked Building, Club Road, Belgaum,

590001.

3. Phone no: office- 0831xxxxx

4. Email: jobs@arora.in

5. Constitution of the firm: Partnership Firm.

Registered under Chamber of Commerce.

6. Qualification of the Partners.

I. Trupti Sambrekar
MBA- HR & Finance, BCA.
II. Shruthi N
MBA- HR & Marketing, Engineering- CSE
III. Shweta kumari
MBA- HR & Finance, BSc-PCM.
IV. Chetana Hosmani
MBA- HR & Marketing, BSc Biotechnology.

7. Type of Business Carrying.

Purely Service Industry.
EXECUTIVE SUMMARY

Arora HR Consulting is mainly catering towards providing human

resource to the top MNC’s.

Our main motto is to hire top university students and source them
into Companies based on their requirements and norms,
preferences. We are into partnership firm consisting of 4 partners;
all are having expertise from different specialization. This could
help us to provide a world class service to large pool of students as
well as most companies.

Here the investment or business would be made from our sides

without lending any help from banks. Our main customers in
Belgaum are Polyhydron, Hindalco, Ashok Iron Works, Campbell,
and for some small scale industries like foundry clusters in
Belgaum industrial areas.

We are even concentrating on hiring faculties for many educational

institutions like KLE, Rani Chennamma University, and VTU.
Our sources are from many Technical colleges, Diplomas, Bcom,
Mcom, Bsc, MSc, BBA, MBA, BCA and MCA, PhD’s.
SCOPE OF BUSINESS:

The main scope of our business is to provide background for many

companies who are finding difficulties to go for external hiring due
to more expensive, time constraints and many problems.

In Belgaum there are many BE and MBA colleges but companies

which are coming for campus selection are negligible, due to this
many students are suffering and they are travelling towards
Bangalore, Pune and many other cities in search of jobs which will
be hectic for students.

In order to bring solutions to this we are like to serve students

needs as well as company needs by taking contracts with well
known MNC’s in Belgaum.
MARKETING PLAN:

Marketability:
We are going for recruiting students from various colleges in and
around Belgaum i.e., in Hubli, Dharwar and many places.
Our main sources in Belgaum are from- VTU, IMER, KLE, GIT,
IMSR, KUD.
And our main customers are Polyhydron, Hindalco, Ashok Iron
Works, Campbell, Tata Motors, AkshayaPatre in Hubli, Reliance,
TCS, Wipro.

ARORA HR CONSULTANCY is a strart up company just

beginning its operations. Marketing efforts will be critical to
ensure success and profitability.Arora offers a wide range of hr
consultancy services.

 Market Demographics:

1. Geographic:
 The immediate target is the cities in around belgaum.
 The target companies are estimated upto 50 in
number.

2. Demographics:
 Technology and Non- Technology companies.
 Companies with typical existence since 10 years.
 The people who are willing to start new business.
  Market Needs:

Arora is providing its customers with a flexibility of hiring

seasoned professionals. The market need is to search for
talented professional for top MNCs as well as for small and
medium scale companies.

 Selection: Flexibility is provided by Arora in terms of

hiring good professionals with good network.

 Accessibility: Arora is able to offer these services to

companies throughout Belgaum.

 Customer Service: Arora recognizes the fact that

outstanding customer service is needed to survive in
today’s competitive era.

Moreover, we are planning to develop our own website. This

website will serve as the resource for our prospective customers or
companies to get more information about our firm. The site will give a
detailed information about the management of the firm with
qualification and their experience. The website will also include the fees
charged by us, per hire per company.

ORGANIZATIONAL PLAN:
 Form Of Ownership:

Arora HR Consultancy is a partnership firm with the

partnership of 4members being close friends amd from same
college.
The name of the partners and their qualification is mentioned
on the introductory page.

 Authority of Principals:

All the 4 partners are the working partners of the firm. The
role of each partner is mentioned below:
Shruthi N is aimed at concentrating on all the technical
companies’ requirements. The major role played by this
partner is that of an IT recruiter and IT manager. Mainly
catering to the needs of Bangalore based companies.

Trupti Sambrekar will look towards the requirements of all

types of service sector companies other than IT companies.
Focusing on Bangalore and Pune areas.

Shweta Shetty has to focus on manufacturing firms needs of

hiring students. She has to cover large areas of Belgaum,
Kolhapur, Dharwad and Hubli based companies.

Chetana Hosmani will cater to the needs of Bangalore and

Pune based manufacturing firms.
 The aspects Managing Marketing of our company will be
handled by Shruthi N and Chetana Hosmani. Whereas the
responsibility of Finance Department lies with Shweta Shetty
and Trupti Sambrekar.

 Personnel Plan:

Currently, we are planning to hire personnel for our own

company. The categories of employee we need are:

1. 10 data entry operators with a minimum qualitication

being graduate in computers.
2. One receptionist preferably female.
3. Two telephone operators to cater the customer calls.
4. One brand manager
5. Further roles are yet to be decided, those will be included
in b-plan soon.

As ours is a startup business we are planning to go ahead

with small number of employees till we built up name and
status in the society. Employees will be added as and when
expansion plans are in place.
  Values:

We believe in the following values and will strive hard to

incorporate these values in our business:

1. Integrity: We will uphold the high ethical standards and

relationship with our client companies.

2. Service: we will strive hard to provide our clients and

business associates with responsive and high quality
service.

3. Innovation: All 4 partners in our organization are open to

new and innovative ideas. Autonomy will be given to
employees to come up with innovative ideas.

4. Influence: we will be the leaders for effective work design

structure that will influence our clients to work with us.

5. Cost Effective: We are aiming to provide a high return on

client’s investment by continuously identifying ways to
increase effectiveness and efficiency.

FINANCIAL PLAN:
TECHNICAL FEASIBILITY:

1. Components to be purchased from outside.

Furniture’s (Table and Chairs)
Computers.
Lighting arrangements.
Cupboards.
Broadband Connections.
Stationeries.
Telephone Connection.

2. Motive Power required (HP) Approx

10 HP.

FINANCIAL PROJECTIONS

I. Fixed Capital:

a) Land- Takked Building, Area- Club road.

b) Rented for RS. 30000/month.
c) Electrification and Installation charges RS. 75000
d) Cost of office equipments RS. 25000
e) Pre- operative expense RS. 10000

II. Working Capital (Per Month):

 Staff and labour designation No Salary Total

Technical
Office
Others
Salaries per month
Perquisites
(10 to 20 % of
salary)
Total Salary

Raw materials (per month)

a) Advertisement and Publicity

b) Transport
c) Rent
d) Taxes
e) Stationary
f) Postage and Telephone