Subject:

Entrepreneurship

Submitted By:
Tafseer Ahmed Jehan Zeb Bhatti FA09-BEE-150 FA09-BEE-138

Submitted To:
Sir Muhammad Adnan Waseem

Date: 31st October , 2012

Shinkiari Fast food point

Table Of Contents:
Cover Letter 3 Cover Sheet ..4 Statement of Purpose ..4 Executive Summary .4 History & Background ..5 Goals & Objectives 5 Products & Services ..6 Form of Ownership 6 Management & Staffing 7 Marketing 7 Current and Projected Financial Statements ; Start-up cost8 Cash flow statement....8 Income statement.9 Balance sheet..10

Cover Letter:

Shinkiari Fast food point

Near Suzuki Stand,shinkiari (Mansehra) Mob:0331-6478543
Tel: 0997-205104

October 31, 2012 Mr. Iqbal Swati Manager NBP Shinkiari Branch Mansehra Dear Sir, It is to bring into your notice that we are running our own business, Shinkiari Fast food point .Which is being established in response to the high demand of people and shortage of services provided by the existing market. Hopefully our business will be profitable in few months. In order to establish this business, we have planned to invest our own capital of Rs 100,000/-. We need financial support of Rs 200,000/- . You will see from our proforma financial statements, we plan to repay the loan within 1 years. Please tell us if any further information is needed to you. We look forward to hearing from you. cordially Yours, Tafseer Ahmed Jehan Zeb Bhatti

Cover Sheet:

Shinkiari Fast food point

Near Suzuki Stand,shinkiari (Mansehra) Mob:0331-6478543
Tel: 0997-205104

Tafseer Ahmed Jehan Zeb Bhatti

October 31, 2012

Statement Of Purpose
Our business start up cost is 300,000/We need 200,000/- for loan. This money will be used to Rent space of shop Purchase furniture, crockery and freezer Pay salaries to ten employee We will return this amount with in 1 year.

Executive Summary
The Shinkiari Fast food point will be established as a partnership in Shinkiari. It will be owned and operated by Tafseer Ahmed and Jehan Zeb Bhatti. The Shinkiari Fast food point is being establish in response to the demand of people and shortage of services offered by the existing target market. Shinkiari Fast food point will provide high quality and high standard fast foods like burgers, pizza, etc. We will provide free home delivery service to customers residing within 5 km range. Bonus in some items will be given to members. To finance the start-up of business its partners are seeking 200,000/- Rupee in financing. Which would be repaid within one year.

Shinkiari Fast food point

History and background

Our business plan is related to the Fastfood. Shinkiari has lack of these services, as there is a lot of educational institutions ,students hostels and also a high class families are living there. Especially tourists and students are facing these problems.Although there already exists two fast food points but they are not enough to fulfill the needs. Existing market purchase products and services at high cost. These situations gave us a chance to start this kind of business.

Goals and Objectives

As the popularity of fast food is growing day by day ,especially in young generation. Shinkiari Fast food point provides customers burgers,cold dinkks,pizza,etc.We will provide high quality food. We aimed to achieve this by maintaining good quality and customers friendly prices as compared to existing market.

Short Term
In the 1st year, we will start our business with burgers, drinks and samosa pakora. We will get financing to buy facility.

Medium Term
In the 2nd year, we will enhance our business by including items like pizza,coffee.

Long Term
In the 3rd year of our business, we will include ice cream,shakes,chaats .Which will enhance our business to earn large range of income.

Product and Services

Shinkiari Fast food point business provide better services to their customers. High standard environment High quality foods High standard services

Industry
We will provide good quality and high standard to compete with the existing market .We will purchase good quality furniture and raw material to ensure high standard and to persuade our customers.

Location
Our business shop will be located near Suzuki stand Shinkiari. Because this location is our target market interest area. In this area there are two fast food points. Major concern to this location is that our business shop will be on the main road and centre of all educational institutions like Iqra public school&college,Abasein public school & college etc.

Form of Ownership
We will be establishing our business as a partnership. In this business we are two partners. Tafseer Ahmed 2. Jehan Zeb Bhatti We invest our best sources on 50% sharing. We will be Responsible for any loss in the business. We will divide profit fifty fifty. Duration of partnership will be 5 years.
1.

Management and Staffing

Shinkiari Fast food point is partnership and operated by Tafseer Ahmed and Jehan Zeb Bhatti.Since our business is small so we need less staff to hier. Implementation of this organizational structure form call for the partners, to make all decisions in addition to monitoring all other business activities.

Personnel Plan
The staff will consist of ten employees working on monthly basis. This simple structure provides a great deal of flexibility and allows communication to disperse quickly and directly. This strategy will enable Shinkiari Fast food point to react quickly to changes in the market.

Marketing
Our target customers will be : School students College graduates Universities students Office workers Tourists We will use fliers for the advertisement of our business. We will distribute fliers in educational institutions like Abasein College,Hazara College,Iqra College,Hazara University etc and also personal card with shop name and address. The most important and best way to marketing the business is to maintain good quality and superior service.

Current and Projected Financial statements

Financial section of our business plan consist of three elements

Identification of Risks
Will there be a demand for the services offered by Shinkiari Fast food point?

Will the popularity of fast foods continuous to grow? Will individuals be willing to pay and have ability for services offered by our business?

Financial Statements Start Up Cost;

Items
Equipments 2 Freezers 2 refigrators 5 Ceiling Fans 1 Telephone Subtotal Furniture &Crockery 30 Chairs 5 tables Cooking pots Serving pots Counter Desk Subtotal Furnishing Paint Electrical wiring Carpet Subtotal Legal and accounting Fees TOTAL

Start up cost Estimated Cost

Rs 60,000/40,000/Rs 8,000/Rs 5,000/Rs 113,000/Rs 50,000/Rs 30,000/Rs 15,000/Rs 10,000/Rs 10,000/Rs 1,15,000/Rs 12,000/Rs 5,000/Rs 25,000/Rs 42,000/Rs 30,000/Rs 300,000/-

Cash flow statement:

Six month cash flow statements; January February March Revenues Operating 45,000 52,000 55,000 April 60,000 May 65,000 June 70,000

Expenses Cost of Goods Rent Salaries Advertising Insurance Others Total Expenses Cash Flow

10,000 6,000 28,000 2,000 3,000 1500 49,500 -4,500

13,000 6,000 28,000 1500 3,000 5000 56,500 -4,500

17,000 6,000 28,000 1300 3,000 1500 56,800 -1,800

22,000 6,000 28,000 1,000 3,000 5000 65,000 -5,000

28,000 6,000 28,000 1200 3,000 2000 68,200 -3,200

32,000 6,000 28,000 1,000 3,000 1000 71,000 -1,000

Income Statement:
Items Year 1 Year 2 Year 3

Revenues Operating Expenses Cost of Goods Rent Salaries Advertising Insurance Others Total Expenses Income

950,000 350,000 60,000 250,000 15,000 10,000 50,000 735,000 215,000

1200,000 400,000 70,000 300,000 18,000 10,000 70,000 868,000 332,000

1500,000 500,000 75,000 360,000 20,000 10,000 90,000 1055,000 445,000

Balance Sheet:
Shinkiari Fast food point Assets Current Assets Cash 100,000 March 03,2012 Liabilities Current Liabilities Accounts Payable 20,000

Accounts Receivable Less Uncollectible Accounts Inventory

Total Current Assets

70,000 -15,000 15,000

170,000

Long Term Liabilities Loans Payable

Total Liabilities

50,000
70,000 230,000 300,000

Fix Assets
Less Depreciation Equipment Furniture Less Depreciation
Total Fixed Assets Total Assets

-30,000 150,000 20,000 -10,000

130,000 300,000

Net Worth
Profit Total Liabilities & Net Worth

Finding Request and Return on Investment

Our business start up cost is 300,000/We need 200,000/- for loan. From this amount we will purchase equipment and furniture. We will return this amount with in one year.