GOYAL BROTHERS PRAKASHAN BUSINESS PLAN OF ARTSY DREAM CATCHERS (MANUFACTURING) X 5 BUSINESS IDEA eae “Dream Catchers’. A dream catcher is a hand made’ jn which is woven a Name of the Business—‘Artsy Dream Catchers’ ‘Tagline—‘you dream, we create” Location—Gurugram, India ABOUT US Looking for a creative stop where you can get it all affordable? Then, this is the correct place. Artsy dream catcher is a small business which was. i ic, it provides a wide range of dream catchers and many more small decorative items where you ustomised according to your taste. DEMAND FOR PRODUCT It is highly popular and in demand since the concept is very attractive to people all over the world especially ia. During the pandemic, the catchers increase as people were depressed and they started believing in dream catchers. It helped! release stress. UNIQUE SELLING PR' IN (USP) @ Our products are 1 ich are made by natural products (i The products are mi after we got the confirmation from the customers after a detailed discussion of the preferences. ii) We ron Bgl ‘made, in time and are delivered free of cost. (iv) We pve gf Rg office decorations and many more things. ‘STAKE! = aneinntGOYAL A DIGITAL LEARNING APP BROTHERS BRIGHT 33 PRAKASHAN Learn @ % 1 Per Day PRODUCTION PLAN A Production Plan helps to create an efficent process for production according to customer and organizational needs. It optimizes both customer-dependent processes—such as on-time delivery—and customer independent processes, such as production cycle time. A good production plan minimizes lead time, Which is the amount of time that passes between the placing of an order and the completion and delivery of that order. Depending on the company and the type of production, it is important to plan effectively and efficiently. Manufacturing (Name of The Supplier: Threads Co. Address— 143, Dif Avenue (i) Material Supplied: Threads and all the silk material. (ii) Raw Materials (per month) For 100 dream catchers) ‘An operational plan is a detailed towards the goals of the organ fHaps out the daily tasks in an organized manner to remove any confusion. The ‘operational plan Bait of a company. It is focused on the process, inventory, equipment, production, financial ratio of a company to analyze and identify the profitability and thus A dream catcher very safely and carefully. The product under the bag remains undamaged and can be recycled easilyf\t is& step towards an eco-friendly Environment. Me hinreomeene car 7.A DIGITAL LEARNING APP Minimum Stock * Static QOH data ‘+ Function of Historie Sales + Typical in manual systems ‘Make product when stock gets to a Master Schedule + MRP Driven * Netting by day + Schedule by Buckets What to make and when to mike i Shop Floor Schedule + Driven from Master Schedule . —— Pe ‘+ Capacity Planning by Resource + Optimize Schedule via Atributes (Kosher/Allergen) Channel of Distribution Direct level which is zero level. = ¢ ‘Supply Chain Creating a Leaner Supply Chain Q (Procurement: Avoid duplicate procedures imisfetent departments. Gi) Manufacturing: Improving quality events defects and returned goods. Gil) Warehousing: Keep inventory level is reasonable. (iv) Transportation: Consolidate multi into a single shipment. ORGANISATIONAL PLAN Organizational planning is the 1 company’s reason for existing, setting goals that focusses on at realizing full potential, and creat ly discrete tasks to meet those goals. Each phase of planning is a subset of the prior, with strategic pl foremost. There are four phascs of a proper organizational plan: stratsgic, tactical, operational, and phase of planning is a subset of the prior, with strategic planning being te ferro @ GOALS Organizational interchangeably, are the ends toward which activity is aimed. Goals are the desired ‘outcomes for individ , oF entire organizations. They represent not only the endpoint of planning but also the end toward ‘managerial functions arc aimed. Objectives arc set to a particular time and thus the same objectives year after year, month after month or day after day. Goals are critical to organizational effectiveness several purposes. @ The setting of broad, long-range goals of top managers. @ Planning: The identification of specific, short-range objectives by lower-level managers. Goyal Broshers Prakashani GOYAL A DIGITAL LEARNING APP BROTHERS BRIGHT | TUTEE PRAKASHAN Learn @ 1 Per Day (Gi) Operational Planning: The seting of work standards and schedules > Gs) Contingency Planning: These must be Backup plans incase primary plans fil Eee + somamaees sued ifhvnoers ‘Threats + New or existing competitors xy or resources ASSESSMENT: K Risk Assessment (Q) Wensty @) Analysing, the @ B sks and decide on the precautions o findings and implement them Oo assessment and update if necessary. a -—GOYAL A DIGITAL LEARNING APP BROTHERS BRIGHT a3 PRAKASHAN Learn @ % 1 Per Day FINANCIAL PLAN <= Financial planning is the task of determining how a business will afford to achieve its strategic goals: i Usually, « company creates « Financial Plan immediately after the vision and objectives have been sct. cial Plan describes cach of the activities, resources, equipment and materials that are needed to achieve ives, 8s well as the timeframes involved. ‘The financial planning activity involves the following tasks: (Assess the business environment. Confirm the business vision and objectives. Dm Gi) Tdentify the types of resources needed to achieve these objectives. Gi) Quantify the amount of resource (labour, equipment, materials) iv) Caleulste the total cost of each type of resource. . (®) Summarize the costs to create a budget. (vi) Identify any risks and issues with the budget set. Franc Ape Qe A. Capital Structure 1, Owner's Fund = 10,000/- 2. Borrowings Fund = 20,000/- 3. Loan I did not have a need for taking a loan * Land and building rent of €1,500 per month Licensing ‘Manpower Display arca Staff Uniform - Gloves, Uniform, Sanitisers ‘+ Handloom Safety upto 5,000 ‘© Marketing upto 1,000-1,500 ‘+ Misclancous upto 15,000GOYAL BROTHERS PRAKASHAN Deproetation A DIGITAL LEARNING APP ite et Learn @ % 1 Per Day Fuminze + laptop + boxes = 24,000 + 15,000 ~ ,000 ~ £37,000 f- 10% on depreciation ~ €3,700/- TH. Varishle Costs Pa Price © Packing charges 100 Power 4.500) Prometoas oa ‘Courier cba 3.08 “Total variable conte 2.109 Coat of Sates " Total variable cost Cost per unt = Tonal unite sald 109 2 a eae 100 Sales orice = Cont + Profit = WL.OR + 1A9I= F100 lary and. Wages Pealtion Tal © [Accountant 15,000 Taor 3000) Skilled ator 2000 ested Labo 7000) ia Media Head 5000) Relations 3000) (Cos of production(pemyeur = Tutt Fixed Costs + = 91,400 8:02 ~ €99,509/ ‘Toul Variable Cos: (ii) Vota! Copal tnvested)- Ouner's fund > berrowers ford = 2,09)000/5:86,000 ~ %2,50,000 Gi) Tumaverlper ¥€a™ Selling Price « Tutal units sold sekOd 24.000 = 1,00,000 ‘V. Inrome Statement és) Sales () Costiof Sales Preece Wed Brangrenavrshes (Chas 29GOYAL A DIGITAL LEARNING APP BROTHERS BRIGHT TUTEE PRAKASHAN Learn @ 2 1 Per Day ‘Transport Miscellaneous @ Total fixed expenses (cash) (©) Depreciation (non-cash) (6) Total fixed exp (cash + non cash) (G) Operating Profit o loss (h) Taxes use 25% on profits only (i) Net Profit / loss = g —b Net Profit per year = Operating profit ~ Taxes = 76,191 — 18% = %62,4780 BREAK EVEN ANALYSIS Break-even analysis entails calculating and examining the margin of safety for anentity Based on the revenues collected and associated costs. In other words, the analysis shows how many sales it takeS to pay for the cost of doing business. Analyzing different price levels relating to various levels of demand, theBteak-ayen analysis determines what level of sales are necessary to cover the company's total fixed costs. A demandhside'@illysis would give @ seller significant insight into selling capabilities Break Even Point Fixed cost ep ~ CSS 91 20050 ~ 1824 uss contribution margin per unit Contribution Margin = Selling price ~ Variable cost per uni 100% so = %50 BEP (in & = BEP in units = Selling price = 1824 * 100% 21,82400 PROJECT REPORT It took about 6 weeks to thoroughly think about here PWant my business to be in one year and to completely write amy business plan. This report helped me to antlys/and?introspect my journey and plan accordingly. () Here's what I've learned from compléting mMfirst business plan. (i) ve finally defined my target audience. ii) It is good to have goals in placeGnd! Work accordingly. i « ya Brees ProbashonGOYAL A DIGITAL LEARNING APP BROTHERS BRIGHT 33 PRAKASHAN 2 1 Per Day VIVA-VOCE QUESTIONS 1. What do you mean by financial planning? have been set. The Financial Plan describes cach of the activities, resources, equi that are needed to achieve these objectives, as well as the timeframes involved. 2, How much you are charging for your product, “Artesy Dream catcher? ‘Ans. T7100 per dream catcher. 3. What is USP? How can you say, your product is unique? ‘Aas. Product Uniqueness is critical, especially if you want to justify a high pri is available in ifferent patterns and colours as per customers neods. Strive to offer ity and value at a price ‘comparable to that of the competition and still capture some profit. How you assess the risk? By analysing and sensing the environment. And identifying available. How you will promote your product? Give three ways. By Making every Friday a sale day, rene visiting eards and by Circulating advertisements regularly in newspapers. ‘What can be weaknesses in your business? 4 Ans. 5 Ans. 6 ‘Ans. Outdated faciltios and weak management, 7. What did you leam efter completing this proj ‘Ans. I've finally defined my target audience, It wve goals in place and monthly milestones to & Ans. 9. Ans. 14, What i 9f your product? ‘Ans. Our, 100% original and made by natural products. Also my product is customised as per and wants. 15. the effect on the demand of your product during Covid-19? about the pandemic, the demand has been increased as people were depressed and they started jing in dream catchers and it really helped them to relieve stress and cure depression. Meche tronte a -