Micro-Project Report

ED (22032)
To prepare a business plan for Customized Gift Shop.
1.0 Rationale:
Entrepreneurship is the process of developing, organizing, and running a new business to
generate profit while taking on financial risk. This project helps us understand the process of
developing a business plan.

2.0 Aims/benefits of the micro-Project:

AIM: To prepare a business plan for Customized Gift Store.
BENEFITS:
1. Understood about the various requirements to develop a business plan.
2. Understood about the effective areas where the idea can associate.
3. Understood about the scope of the idea.

3.0Actual Methodology Followed:

1. Develop comprehensive business plan.
2. Identify the business opportunity that suits you.
3. Prepare plans to manage the enterprise effectively.

4.0 Actual Resources Used:

Sr.no Name of Specifications Qty. Remark
resource/material
1 Computer system Processor- 1 -
AMD Ryzen 5
5500U
RAM-8GB
64bit operating
system
2 Notes - 1 -
3 Internet - 1

5.0 Literature Survey:

1. Researched about the background of customizing gift industries.
2. Researched and studied about how to develop a business and make it successful.
3. Studied various aspects necessary for developing a business.
6.0 Output of the micro-Project:
Business plan for Customized Gift Shop

7.0 Skills Developed:

1. Data analysis
2. Team work
3. Research Skill
4. Scheduling and time management

8.0 Application of Micro-Project:

1. Can be used to start a start-up business.
2. Can be used for studying aspects of a business.