ACCOUNTANCY ASSIGNMENT

NAME - INDERJIT LAL

ROLL NUMBER - 53
DEPARTMENT - MBA-PS (TLM)
DATE - 21/02/2018

STARTUP - TECHFICENT
OBJECTIVE
To open a small practical electronics & electrical
engineering tutorial centre where students will be given
practical exposures and will be taught to create small
project and can get their project promoted and
published in journals.
CORE STRENGTH OF BUSINESS
Most of the engineering colleges in & around kolkata
mostly which are privately owned, focuses on
theoretical knowledge more than practical counterpart.
Our strengths are :-
 Many engineering colleges with poor educational
structure.
 We will provide the infrastructure for engineering
final year project and mini projects.
 Helping students to get their work promoted for
social cause and published in journals.
 Proximity to Howrah station, Metro route and
Sealdah station.
FIRST SIX MONTH
 Setting up the office as per requirement with the
given items.
  Business agreement with the electrical contractor
for supply of components like diodes, resistors,
capacitors, circuit board, bread board, connecting
wires, led lights, VLSI software, embedded chips,
etc.
 Hiring few laptops on monthly rent.
 Printing flyers with names & description of the
organisation. Flyers are to be distributed in front of
engineering colleges, offices and coaching centres.
 Giving advertisement on print media.
 Hiring few talented freshers from engineering
colleges or people from industries on part time.
 Building a dedicated website with live chat facility.
 Registering the company with governmental
norms.
SECOND SIX MONTH
 Analysing the existing competitors in the market
in terms of their promotional platforms and
marketing policies.
 Investing in buying more project components to
take on complicated and demanding areas of
interest.
 Creating links with various engineering colleges so
that they can recommend our institutions for
various short projects.
  Connecting with eminent professors for adequate
promotion and building networks around the city.
 Allocating more budgets in promotion and
building assets
 Adding few crash courses along with projects.
THIRD SIX MONTH
 Sending student's works in various journals
for recognition and acceptance.
 Expanding the business by opening more
branches in kolkata.
 Conducting exhibitions and workshops in
technical fests of colleges.
 Working on various Industrial live projects.
________________________________________
 FINANCIAL PROJECTION
1st Six Months 2nd Six Months 3rd Six Months
Less : Less : Less :
Direct cost of sales : Direct cost of sales : Direct cost of sales :
Cost of components : Cost of components : Cost of components :
Rs 4000 per month Rs 7000 per month Rs 20000 per month
Cost of transportation: Cost of transportation: Cost of transportation:
Rs 500 per month Rs 600 per month Rs 800 per month
Salary of employees : Salary of employees : Salary of employees :
Rs 15000 per month Rs 20000 per month Rs 50,000 per month
Laptop Rent : Rs 800 Laptop Rent: Rs 1000
per month per month Contribution :
Per project : Rs 5000
Contribution : Contribution : Approx 40 projects per
Per project : Rs 5000 Per project : Rs 5000 month : Rs 200000
Approx 5 projects Courses: Rs 8000 pm Contribution approx :
per month : Rs 25000 Approx 15 projects Rs 1,30,000 per month
Contribution approx : per month : Rs 75000
Rs 4,700 per month Contribution approx : Fixed cost per month:
Rs 50000 per month Electricity : Rs 8000
Fixed cost pm: Fixed cost per Salaries : Rs 50000
Electricity : Rs 1000 month: New office : Rs 50000
Salaries : Rs 15000 Electricity : Rs 2500 Indirect cost pm :
Laptop rent : Rs 800 Salaries : Rs 20000 Food : Rs 7000
Indirect cost pm : Laptop rent : Rs 1000 Others : Rs 5000
Food : Rs 3000 Indirect cost pm :
Others : Rs 2000 Food : Rs 3000
Others : Rs 3000
SALES PROJECTION
1st Six Month
5 projects per month - 5 * 5000 = Rs 25000 (mini
project)
2 project per month - 2 * 8000 = Rs 16000 (college
level)
2nd Six Month
15 total projects per month - 15 * 5000 = Rs 75000
Course fees - 8000 approx * 10 (enrollment) = Rs
80000
3rd Six Month
40 total projects per month - 40 * 5000 = Rs 200000
Course fees - 8000 approx * 25 (enrollment) = Rs
200000.
RETURN OF INVESTMENT
Return from Investment - Cost of Investment
Cost of Investment
1st Month = 0.95
2nd Month = 2.1
3rd Month = 3.4
WHAT'S NEXT?
After setting up this business in kolkata, we would like
to expand in other parts of the country. Slowly the
company can move towards a R&D sector which will
have the potential to build products at a cheaper rate
for rural sectors thus uplifting backward part of the
society by utilizing the innovations of young
engineering grads.
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THANK YOU