Financial management

Project on pet services -by fymms A

Group Members
Priya panday Suhas palkar Darshana panchal Hitesh pathak Ankit naik Kunda naik Nilam pawar Shomeet patil Nikilesh patil Seema popat

55 53 54 59 49 50 67 65 63 68

Acknowledgement
We wish to express our sincere gratitude

to Prof. Naveen for providing us

opportunity to do our project work on

Pet services.
As well as we would like to thanks

to our friends who helped in finishing

this project.

Short summary about company

Name: sauna pet services Founded By: Darshana panchal Current CEO: Suhas palkar Market share: 70% in foreign and 30%in india. Origin & Hub Of Operating: India Market: almost every country Target Audience: people who love pet.

Introduction

Every day people face the question of what to do with their pets when travel, illness, or family emergencies disrupt normal care. Others feel that it is important to provide positive social environments for their dogs while they are at work or away for the day. Some pet owners take their pets with them when they travel, only to discover that hotel restrictions, travel-induced pet illness, or runaway pets can turn their trip into a disaster. Other pet owners turn over the care of their animals to well-meaning but untrained neighbors or friends while they are at work or on vacation.

Goals
To give your pet a happy and safe boarding or daycare experience. To enable you to enjoy your time away from home content that your pet is receiving the best care possible.

Graphic chart
Freshwater Fish Cats Dogs Other Animals Birds Horse Saltwater Fish 41.7% 22.7% 18.9% 3.9% 3.6% 3.2% 2.7%

In addition to dogs and cats, the most popular pets include birds, reptiles, small animals and fish, as outlined in the APPA table below

Facilities
Yearly package Saloon Medical Obedience Training Home Consultations

SWOT Analysis
Strength

Safety
Insurance Good

staff Better service at affordable price Training Good enviornment

SWOT..
Weakness Allergy Difficult to handle Transportation It is not easy also instill confidence to customers about this online business. A lot of customers still dont believe and fear of being deceived by businessman.

SWOT.
Opportunity: There are many online business that offers a wide range of goods and services, but for Pet shop business that run online is rare. And this is a pretty big opportunity for those who intend to engage in the area of online business. Threats: There are many other online business competitors who have long struggled in this virtual world. Currently online businesses increasingly crowded. With a wide range of goods and services on offer are business people.

Sources of finance

Making the right choice:

What source is available? (depending on the size of the company) What is it for? Short term or long term? How much money is needed? What are the risks involved? What is the cost of the finance?

Internal sources

Retained Profit: The profit left after all expenses have been paid (including dividends) Advantages: - It doesnt need to be paid back Disadvantages - The profits of a small business may be too low to be of use A new business won't have any retained profit

Owners Savings: The owners of the business can use their savings as finance in the business. This is only available to sole traders and partnerships Advantages: - Quickly available - No interest will need to be paid Disadvantages - The owner might not have enough savings

External sources
Bank Overdraft This allows the company to spend more money from their account than is actually in it. This is usually used to cover day to day expenses. Advantages: - Its easily arranged and flexible - Cheap as the company only has to pay interest on the amount overdrawn at any one time Disadvantages - The bank can ask for the overdraft to be repaid whenever they want to and with short notice - Cannot be used to finance long term assets - Interest need to be paid

Leasing:
This is when a business borrows an asset and uses it in return for monthly payments. This means the company will not have to buy the asset. Advantages: - The company will not have to spend a lot of money on buying the asset - The firm will be able to easily update their equipment - The leasing company will take care of maintenance and replace damaged assets Disadvantages - In the long term, leasing will be more expensive than actually purchasing the equipment