MINI PROJECT REPORT ON PREPRATION OF NEW SERVICE PLAN RELATED TO "WoodWeild PAPER CUPS"

SANGAMESHWAR COLLEGE SOLAPUR BBA II MINI PROJECT
MINI PROJECT
REPORT ON PREPRATION OF NEW SERVICE PLAN
RELATED TO
“WoodWeild PAPER CUPS”
Submitted by
Mr. Pravin kurapati
Mr. Prem Chakote
Mr. V. bagavathe
THROUGH
THE DEPARTMENT OF COMMERCE OF
MANAGEMENT STUDIES.
SANGAMESHWAR COLLEGE, SOLAPUR.

2021-2022
1
INDEX
1. EXECUTER SUMMARY……………………… 4
2.PROJECT DESCRIPTION…………………….. 6
3. MARKET POTENTIAL……………………….. 12
4. TECHNICAL FEASIBILITY…………………. 18
5. FINANCIAL ANALYSIS……………………… 19
2
ACKNOWLEDGEMENT
We would like to express our special thanks of gratitude to
my teacher Miss. Namrata Mane Maam aswell as our principal
Dr. Mrs. SV. Rajmanaya who gave us this opportunity to do this
wonderful project on the paper cup industry which also helped
us in doing a lot of research and We came to know about so
many new things, We are really thankful to them.
Secondly We would also like to thank our parents and
friends who helped us a lot in finalizing this project within the
limited time frame.
3
EXECUTIVE SUMMARY
In today’s life of domestic as well as corporate life paper cups

play an important role in our day to day workings right from
morning to night. Paper cups are very important to all the work
sectors right from small businesses to large organisations from
small cafes to premium hotels and resorts.
Paper cups are made using food grade paper, which is
hygienic and capable of storing both hot or cold liquid for long
times.Woodweild prioritizes customers choice and aim at
providing the best quality paper cups at a budget friendly cost.
It is a partnership firm that is working with three people
altogether. In this business we are manufacturing paper cups and
other disposables. We have proposed this product with high
acceptance of consumer’s choice in society
We have proposed this due to high acceptance in now
days. May be in future uses of every plastic product will be ban
or people should boycott it and start using paper product.
Paper cups are disposable cups made out of paper and loned
with wax or plastic to prevent liquid from made using food
grade paper, which is hygienic and capable of storing both hot or
cold liquid for long times. With the rising awareness and rapidly
changing lifestyle, the demand for paper cups has increased
4
tremendously year on the year. In this article, we look at the

process of starting a paper cup manufacturing business in detail.
The Whole Cost of Production ( per month ) is 42,72,530.
Total turnover per annual is 54,00,000 and Net Profit is
11,27,470.
5
2.PROJECT DESCRIPTION
● 2.1 Name Of Intrapreneur
A. Name : Pravin Kurapati
Address : Daji Peth, Solapur
Age : 19
Competence : Creative Communication
Email ID : viveksoni@gmail.com
Contact No : 8600690492
B. Name : Prem Chakote
Address : Nilam Nagar, Solapur
Age : 19
Competence : Creative Management
Email ID : swastikrangdal@gmail.com
6
Contact No : 9284384677
C. Name : V. bagavathe
Address : Malllikarjun Nagar, Solapur
Age : 19
Competence : Hard Work And Intelligent
Email ID : swapniljirole@gmail.com
Contact No : 7385154658
7
2.2 CONSTITUTION OF FIRM
● Partnership Firm
2.3 PROPOSED ACTIVITY
Name Of The Company : WooldWeild
LOGO :
8
2.4 Structure:
Woodweild Paper cup Pvt. Ltd. will operate as a partnership
firm between three partners named Vivek Soni, Swapnil Jirole,
Swastik Rangdal. All the work will be divided in three partners
as follows:
● Vivek Soni will be handling Accounting department,
technical team, marketing department and public relations.
● Swastik Rangdal will be appointed as Executive head, Site
manager and the Documentation department.
● Swapnil Jirole will be appointed as Supply manager, HR
department, and Sales manager too.
Concept:
Woodweild Paper cup Pvt. Ltd. is in the field of
manufacturing industry. We are a wide range of eco-
friendly and sustainable paper cups for all the types of
clients including the corporate clients with the mindset of
providing the best of the variety, quality, colours at the
lowest of the prices compared to the other market rates.
Paper cups are made using food grade paper, which is
9
hygienic and capable of storing both hot or cold liquid for

long times. We aim to provide our service throughout India
and after more infrastructural development and growth we
also aim to send our paper cups throughout world.
Our variety of paper cups include the following:
1. Customized paper cups
2. Paper cups that can hold hot and cold beverages for
long hours
3. Sustainable paper cups
2.5 Mission And Vision:

Vision:
Our vision is to become a leading brand in the paper cup
manufacturing industry and to establish a one stop paper
cup manufacturing company.
Mission:
We aim at expanding are company and to increase our

business to a huge extend. We aim at increasing our
production units and to provide more and more job
opportunities as well. Woodweild paper cup Pvt. Ltd. aims
at providing maximum services throughout the world.
10
2.6 Short term and Long term goals:

Short Term:
Our intention of starting a paper cup manufacturing
company is to build a standard company in Solapur
and expand it to other major cities like Pune,
haidrabad, Mumbai, Bangaluru and so on.
Long Term:
A wide range of paper cups are now produced and
marketed in India. The paper cups are reckoned to be a high
potential business for India. Manufacturing Paper Cups is
the purpose of satisfying needs and wants of Consumers is
the market place. We also aim at increasing the range of
products and to start manufacturing Popcorn cups and also
all the convenient disposable plates and cups which will be
travel friendly and also easily disposable. Along with the
aim of increasing the product range we also aim at
exporting are products and make Woodweild paper cup pvt.
Itd. a national brand.
3. Market Potentials
11
3. 1Market Segment:
Paper cups are becoming more and more popular across the
globe as a way to become more eco-friendly and reduce
exposure to foodborne infections. Paper cups demand is majorly
originating from IT companies, educational institutions, food
canteens, industrial canteen, restaurants, coffee or tea shop, fast
food, supermarkets, health clubs and event organizers.
As paper cups are a product of daily use and have mass
consumption requirements, selling of paper cups in the market
will not be a problem. With well-established demand and supply
forces, the prices of paper cups in the market can be easily
ascertained and sold in bulk to traders or end customers through
a variety of channels.
3.2 Customers:
A wide range of paper cups are now produced and marketed
in India. The paper cups are reckoned to be a high potential
business for India. Manufacturing Paper Cups is the purpose of
satisfying needs and wants of Consumers is the market place.
Developing a strategy for delivering an effective combination of
food grade quality and cost effective features for consumers
within the target market is done.
12
The prospects of paper cups depend on the value of customers

who utilize it. But in our country paper cups are used by all the
people as it is easy to use, hygienic and eco-friendly. Hence, per
capital consumption has increased and the demand for it is
recognized. While the demand for paper cups has shown a good
growth, the company will be successful in strategizing its market
operations.
As paper cups are a product of daily consumption and necessity,
their marketing will not be a problem as the consumers are
aware of the advantages of using paper cups. The raw materials
are indigenously available and the manufacturing process is also
simple.
3.3 Market Trends:

A rising demand, particularly from emerging economies, is
assisting the global paper cup industry. The sector is also being
driven by the rising demand for food service disposables as a
result of the development in online food ordering and home
delivery services. The global paper cup industry has benefited
from a growing fast-food culture as well as an increase in
demand for hot and cold beverages. According to the current
conditions of pandemic people prefer to order food home or
have a take away from cafes and restaurants which has given
rise to a lot of use of disposables like types of paper cups and
all the other packaging materials which can also support the
paper cup manufacturing industries to grow their business.
13
3.4 Competition:
We all are well aware about the competition that is
increasing in today’s market especially for the paper cup
manufacturers. To make a place in today’s competition it is very
important to give a quality product to the customers which is
economically profitable to the customers would help us sustain
in the market. It is very important to make sure that the company
is giving good quality of products in the lowest of the
production cost. To start a paper cup business is easy if you have
enough contacts. Its a saturated business but their is a large
possibility of expansion as this market is not an organised
sector.
3.5 Indirect and direct competition:
Indirect competition:
Paper cups are definitely the most sustainable and eco friendly
way of using the non-reusable disposibles, but in today’s world
plastic disposables also play a very important role in the
competition of the market. To overcome this competition it is
very important to make sure that we enhance the sale of this
paper cups more and more as they are very eco friendly and also
very budget friendly. Paper cup markets can overcome the use
14
of plastic disposables over a period of time if people start

avoiding plastic disposables completely.
Direct compitition:
Altough we don’t have many direct competitions for now
but it is very important to make sure that we try to sustain in this
industry in long run. This industry is comparatively cheap to
start and run. By seeing the growth in the industry like ours
many huge investors try to enter into the industries with huge
capitals causing a threat to other manufacturing companies by
forcing us to move towards the newer market segments. But the
potential market products and certain market share can help us
sustain and also help us develop more in it.
3.6 Pricing strategy:

Besides the quality of the product, pricing of the product is
the key factor that gives the average to the companies, it is
important to give the product at the reasonable rate along with a
good quality. At such times the huge investors in the market take
a chance of invading into the market and make huge profits in
the businesses of manufacturing industry.
Wholesale Price of one paper is 0.27 RS.
15
3.7 Marketing Strategy:

● Online Promotion
Woodweild cups is planning to engage with customers on
Instagram, Linkedin, Snapchat, Twitter, Facebook etc. As in
todays generation e-mail plays a very significant role in
16
communication, Woodweild will communicate through its

official media to generate customer. And there will be daily,
weekly, monthly updates on our channel .
● Offline Promotion(Traditional promotion)

We will be using pamphlets, word off mouth, marketing,
and public relationship, this will approach the media to a
certain extent that we can advertise in newspapers and also
the radio stations which will help the company.
4 TECHNICAL FEASIBILITY
Manufacturing paper cup machine are fully automatic.

Just need to few steps.
1) Put the paper roll in the dyeing machine .

2) After dyeing the paper we should put printed paper in
paper cup manufacturing machine.
3) Put the bottom paper roll in the machine.
4) After putting bottom paper machine start creating paper
cups. Then we just need to collect them.
17
5) After collecting them we should need to put in big

cartoons. Cartoons will be sent to store.
18
Financial Analysis
5.1 Total fixed assets:
5.1.1 Land and building:
Area = 1000sq.ft (1sq.ft = 1000)
=1000* 1000
=10,00,000
Building = 10,00,000
Land+Building = 20,00,000
5.1.2 Machinery:
Sr.no Description Rate
1. Cup manufacturing machine 8,50,000
2. Dyes machine 1,50,000
Total 10,00,000
5.1.3 Tools and Equipment:

19
Sr.no Description Quantity Rate Total

1 Chairs 4 300 1200
2 Stools 2 150 300
3 Working table 2 3000 6000
4 PC table 1 5000 5000
5 Computer 1 30000 30000
6 Printer 1 6000 6000
7 Fan 2 800 1600
8 Telephone 1 5000 5000
Total 55,100
5.1.4 Total Fixed Asset:

Total fixed asset= Land and Building+ Machinery+ Tools and
equipment
= 20,00,000+ 10,00,000+ 55100
20
= 30,55,100
21
5.2 Working Capital:

5.2.1 Salary and wages: (Per Month)
Sr.no Description Rate

1 Sale manager 15,000
2 Skilled employee 12,000
3 Unskilled employee 8000
4 Watchman 8000
Total 43,000
5.2.2 Raw Material: (per annum)
Sr.no Description Quantity Total rate

1 Printed PE paper 20,940kg (Rs 80/kg) 16,75,200
2 Bottom Reel 9000kg (Rs 95/kg) 8,55,000
3 Packing Material 1498 1,34,820
(10000cups/Box,Rs
90/Box)
22
Total 26,65,020
23
5.2.3 Utility and other expenses: (per month)
Sr.no Description Cost Rs

1 Electricity Bill 10500
2 Transportation 10000
3 Telephone bill 1000
4 Advertisement 2000
5 Maintenance and Greasing 2000
Total 25,500
Electricity Bill in Rs (4Unit/Hr) = 12Hrs * 25days

= 12*25
= 300Hrs
= 300 * 4
= 1200U
= 1200 * 8.75
=10,500
24
5.2.4 Total Working Capital:
Total Working Capital = Salary+ Wages+ Raw Material +

Units
= (43000*12)+ 2665020+ (25500*12)
=5,16,000 + 26,65,020 + 3,06,000
= 34,87,020
5.3 Cost of Production

5.3.1 Total Investment
Sr.no Description Total Amount

1 Fixed cost 30,55,100
2 Working Capital 34,87,020
25
3 Primary Expense 5,000

Total 65,47,120
26
5.3.2 Means of Finance
Sr.no Description Total Amount

1 Promoter Contribution 5,47,120
2 Bank loan 60,00,000
5.3.3 Cost of production (per month)
Sr.no Description Total amount

1 Working Capital 34,87,020
2 Building 5% 50,000
3 Equipment 10% 5510
4 Bank Interest 10.50% 6,30,000
5 Machinery 10% 1,00,000
Total 42,72,530
27
5.4 Total Turnover: (cost of sale annual)

Sr.no Description Quantity Rate/Unit Total amount in Rs
1 Paper cup 2,00,00,000 0.27Rs 54,00,000
Total 54,00,000
5.4.1 Financial Assessment:

Net profit = Cost of sale - cost of production
= 54,00,000 – 42,72,530
= 11,27,470
5.5 Net profit ratio:

Net profit ratio = Net Profit * 100
Sale
= 11,27,470 * 100
54,00,000
= 21%
28
5.6 Rate Of Return :

Rate Of Return = Profit * 100
Investment
= 11,27,470 *100
65,27,120
= 17.22%
5.7 Profit Volume Ratio

5.7.1 Fixed Cost
Fixed Cost = (Salary and Wages + Utility and Other Expenses)

*12 + Depreciation + Interest On Loan
= (43,000 + 25,500) * 12 + 60,000 + 6,30,000

= 8,22,000 + 6,90,000
= 15,12,000
29
5.7.2 Contribution
Contribution = Fixed Cost + Profit
= 15,12,000 + 11,27,470
= 26,39,470
5.7.3 Profit Volume Ratio :

Profit Volume Ratio = Contribution * 100
Revenue
= 26,39,470 * 100
54,00,000
= 49%
5.8 Break Even Point
Break Even Point = Fixed Cost Profit
Volume Ratio
= 15,12,000
49
= 30,857
30
BIBLIOGRAPHY
1. www.wikipedia.com
2. https://www.indiafilings.com/learn/starting-a-paper-cup-
manufacturing-business
3. https://youtu.be/HDRjoq1neSs
31
32

MINI PROJECT REPORT ON PREPRATION OF NEW SERVICE PLAN RELATED TO "WoodWeild PAPER CUPS"

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

MINI PROJECT REPORT ON PREPRATION OF NEW SERVICE PLAN RELATED TO "WoodWeild PAPER CUPS"

Uploaded by

Copyright:

Available Formats

SANGAMESHWAR COLLEGE SOLAPUR BBA II MINI PROJECT

“WoodWeild PAPER CUPS”

SANGAMESHWAR COLLEGE, SOLAPUR.

In today’s life of domestic as well as corporate life paper cups

tremendously year on the year. In this article, we look at the

A. Name : Pravin Kurapati

Address : Daji Peth, Solapur

Competence : Creative Communication

B. Name : Prem Chakote

Address : Nilam Nagar, Solapur

Competence : Creative Management

Address : Malllikarjun Nagar, Solapur

Competence : Hard Work And Intelligent

2.2 CONSTITUTION OF FIRM

2.3 PROPOSED ACTIVITY

Name Of The Company : WooldWeild

hygienic and capable of storing both hot or cold liquid for

2.5 Mission And Vision:

We aim at expanding are company and to increase our

2.6 Short term and Long term goals:

The prospects of paper cups depend on the value of customers

3.3 Market Trends:

3.5 Indirect and direct competition:

of plastic disposables over a period of time if people start

3.6 Pricing strategy:

3.7 Marketing Strategy:

communication, Woodweild will communicate through its

● Offline Promotion(Traditional promotion)

Manufacturing paper cup machine are fully automatic.

1) Put the paper roll in the dyeing machine .

5) After collecting them we should need to put in big

5.1.3 Tools and Equipment:

Sr.no Description Quantity Rate Total

5.1.4 Total Fixed Asset:

5.2 Working Capital:

Sr.no Description Rate

5.2.2 Raw Material: (per annum)

Sr.no Description Quantity Total rate

5.2.3 Utility and other expenses: (per month)

Sr.no Description Cost Rs

Electricity Bill in Rs (4Unit/Hr) = 12Hrs * 25days

5.2.4 Total Working Capital:

Total Working Capital = Salary+ Wages+ Raw Material +

5.3 Cost of Production

Sr.no Description Total Amount

3 Primary Expense 5,000

5.3.2 Means of Finance

Sr.no Description Total Amount

5.3.3 Cost of production (per month)

Sr.no Description Total amount

5.4 Total Turnover: (cost of sale annual)

5.4.1 Financial Assessment:

5.5 Net profit ratio:

5.6 Rate Of Return :

5.7 Profit Volume Ratio

Fixed Cost = (Salary and Wages + Utility and Other Expenses)

= (43,000 + 25,500) * 12 + 60,000 + 6,30,000

5.7.3 Profit Volume Ratio :

You might also like