A Report of Principle of

Management

Submitted by;
Parth M. Desai
M.B.A. Semester-1
Div.B Roll No.16
 This is the business of taking online project of
Asp.Net.

• Source of getting project:

www.getafreelancer.com
www.elancer.com

• Every project is of 20,000rs(average).

• I have 50,000rs.
• Taken 3,00,000rs @ 18%p.a. from relative.

• Office Rent per Month 8,000rs.

• Purchase 21 Computers of 2,40,000rs.
• (11,000*20 = 2,20,000 and 20,000*1 = 20,000)
• Furniture of 50,000rs.
• Purchase chairs of 21,000rs.
• Electricity Fittings of 36,000rs.
• Internet Connection of 3,000rs.
• 20 Person on salary who know Asp.Net very well.
• Salary of their 8,000rs per person.
• Every person can do 3 project per month easily.
 1st year

• First month’s projects are 3 per person.

• Total projects are 60 of a month.
• Salary of persons are 1,60,000rs.
• Rent of office is 8,000rs.
• Interest of borrowed capital is 4,500rs.
• Electricity of one month is 1,400rs.
• Internet bill of one month is 900rs.
• Maintenance of computers is 2,000rs.
• Misc.Expences are of 2,000rs.
(Tea, Telephon, Stationary, etc.)

Income & Expenditure A/C of first year

Expenses Amount(Rs) Income Amount(Rs)
Salary 19,20,000 Receipt of projets 1,44,00,000
(60*12*20,000)
Purchased 2,40,000
computers
Furnoture Exp. 50,000
Purchased chairs 21,000
Rent 96,000
Inerest of borrowed 54,000
capital
Electricity Bill 16,800
Internet Bill 10,800
Maintenance of 24,000
Computers
Electricity fittings 36,000
Internet connection 3,000
Misc. Expences 24,000
Net Profit 1,19,04,400
Total 1,44,00,000 1,44,00,000

2nd Year

• Purchase 10 computers of 1,10,000rs.

• Purchase chairs of 10,000.
• Recruit more 10 persons.
• Borrowed capital given back to relative 3,00,000rs.

Income & Expenditure A/C of second year

Expenses Amount(Rs) Income Amount(Rs)
Salary 28,80,000 Receipt of projets 2,16,00,000
(90*12*20,000)
Purchased 1,10,000
computers
Purchased chairs 10,000
Rent 96,000
Electricity Bill 24,000
Internet Bill 10,800
Maintenance of 36,000
Computers
Misc. Expences 36,000
Net Profit 1,83,97,200
Total 2,16,00,000 Total 2,16,00,000

Net profit is 1,83,97,200rs.

Net profit after Tax is 1,83,97,200 – 55,19,160(33%)= 1,28,78,040rs.

3rd Year

Income & Expenditure A/C of Third year

Expenses Amount(Rs) Income Amount(Rs)
Salary 28,80,000 Receipt of projets 2,16,00,000
(90*12*20,000)
Rent 96,000
Electricity Bill 24,000
Internet Bill 10,800
Maintenance of 36,000
Computers
Misc. Expences 36,000
Net Profit 1,85,17,200
Total 2,16,00,000 Total 2,16,00,000

Net Profit is 1,85,17,200rs.

Net profit after Tax is 1,85,17,200 – 55,55,160(33%) = 1,29,62,040.

In 4th and 5th year same as 3rd year.

Year Profit(Rs)
First Year 1,19,04,400
Second Year 1,28,78,040
Third Year 1,29,62,040
Fourth Year 1,29,62,040
Fifth Year 1,29,62,040
Total 6,36,68,560