Executive summary of the business plan

With the change in the trend in fashion market Readymade Garment have become very popular. Most of the people used to wear readymade. Most of the people used to wear Readymade Garment in case of time saving activity. Especially ladies, kids, teenage girls and college going girls have taken very much interest in new designs and fashionable garments.

Today, the women especially working or homemaker want to look gorgeous without being too traditional. We decided to open a readymade garment shop to introduce new category of clothes in the market which may be something different from the clothes already available in the market.
W have named our garment shop !!!" and gave the punch line to the shop !!!!!!!!!!!" as we gave this tagline to influence the customers and the people in the market that they attract towards my shop and took visits in our shop.

There will be three workers in the shop who will contribute to the sales and profits in the business and the capital is also invested by # partners in the business. The shop basically targets teenage !!!!!!!!!!!!!!. The other clothes which are available in my store are for the daily wear, party wear and for the ceremonies.

My shop basically has $eans % trousers, shirts % tops, skirts, track suits, night wear and bath wear. &o, my shop has the products which are related to active wear, workout gear, leather garments, headgear and baseball $ackets. 't covers almost all types of customers. My shop also provides the facility for the repair such as stitching of the clothes and altering of the clothes. Introduction

1.1Introduction of the retail industry

The technology advances each and every sector has been rapidly developed like a Government &ector, Engineering &ector and many more then how can the RE()*M()E G(RME+T &,-." become backward. Each and every person wants to look like a hero and heroine. (s the fashion takes place, they want to wear more fashionable clothes. 'n movies actor and actresses are wearing different types of dresses. Every person wants to look like them. With the increase in fashion every person want to wear that type of cloths. &ome people purchase cloth material and visit at the tailor shop for stitching the dresses they like. /ut it takes too much time. 0ashion is growing up day to day. Readymade Garment &hops are opened. .eople are satisfied from Readymade Garment &hop and people also save their valuable time. Readymade Garment &hop provides better design dresses to customers. With the change in the trend in fashion market Readymade Garment have become very popular. Most of the people used to wear Readymade Garment &hop have become very popular. Most of the people used to wear Readymade Garment in case of time saving activity. Especially ladies have taken very much interest in new designs and fashionable garments.

1.1.5 Types of retail outlets

)epartment stores

)iscount stores General merchandise store &upermarkets Warehouse stores 1ariety stores
Mom2(nd2.op or 3irana &tores

&pecialty &tores
4onvenience &tores ,ypermarkets2 &upermarkets Malls2

1.2.1 Shop history

The shop !!!!.." is a type of discount store or a readymade garment shop for children, women, teenage girls, kids, infants, gents and boys. The clothing line that is uni5ue, special, comfortable, and fun. My store targets the people which belong to middle class and upper middle class. ,owever, my store has no collection of the raw materials but works for readymade garments and made2to2order preparation of clothes, stitching, threading, pitch work and designing % cutting of the clothes. My shop has brought the store look to the masses, and made it simple and affordable for anyone to get the readymade garment store look. (ll of their tops, bottoms, basics and accessories from each individual line coordinate with one another, making it easy for anyone to put together a well coordinated and princess worthy outfit.

&tore name6 2 !!!!!! &hop address6 2 !!!!!!!!!.. .unch line6 2 !!!!!!!!!! 7ocation of the shop6 2 !!!!!!!.. &hop area6 2 !!!!!!!!!.. 8ualification6 2 !!!!!!!!! +umber of sales persons9:

1.2.2 Essential requirements

1. Machines % e5uipments9;<for stitching and repairing of clothes=. 2. Threads % stitching accessories. 3. -ffice desks % chairs9 >?. 4. &helves and cabinets for storage9>?.

4lothes hangers9 ;?. 7. /illing machine and credit card machine9>. E5uipment or helpful products that you can ac5uire to once your business is off and running62 1. )ressing rooms and mirrors. 2. Warehouse and godown. 3. (dditional display furnishings. 4. )raperies, floor coverings. 5. &eating <small couches, chairs=. 6. The restroom.

1.2.3 Tar et mar!ets

My shop has chosen girls, kids, women and gents as these most attractive segments to target. These segments are the most desirable because they have desirable levels of disposable income and they spend it. The women are used to having fashionable clothes and accessories and it is totally consistent with their purchasing patterns that this preference would remain unchanged once they get pregnant. Many e@pecting women like to reward or pamper themselves with nice gifts when theyAre pregnant.

0amily is interested in buying nice gifts for their e@pecting friends. This segment recogniBes their friendAs appreciation for nice things and are looking for something that they know they will en$oy. The output is meant to be something nice and lu@urious. Much of the current maternity wear and accessories are utility based and while they serve their purpose, they are not the most engaging gift. 0amily are looking for something that will stand out, that the new mothers will truly en$oy.

VISION To manufacture products comparable to international standards, to be customer focused & globally competiti e t!roug! better "uality, latest tec!nology and continuous inno ation. MISSION #ur mission is $

%e &ill al&ays stri e to use t!e best tec!nology possible to ma'e our product of best "uality and en ironment friendly. %e &ant to capture t!e mar'et of ((((((((( nationally. To pro ide a safe &or'ing en ironment for t!e employees. To ac!ie e consistent impro ement in profit. To attain !ig!est le el of efficiency, integrity & !onesty. To pro ide outstanding "uality &it! affordable price. To encourage people)s o&ners!ip, empo&erment and &or'ing under team structure.

GOAL

*n!ance t!e moti ation and sense of belongingness of t!e employees. +er ing and supporting t!e society in &!ic! &e &or'. *,pand t!e business.

OBJECTIVE

To open 2 ne& outlet by end of t!e year 2-13. To increase t!e sales force by 2-. by "uarter end. To start /igital mar'eting. To setup employee suggestion program &it!in 3 mont!s to ma'e employees a part of t!e organi0ation.

To pro ide lucrati e discounts and offers to regular customers after 3 rd "uarter end.

1.2." Scope
1. )iscusses key issues relating to the challenges and opportunities facing bouti5ue private banks in todayAs environment. 2. E@plores current trends in the wealth management sector including technology trends and merger and ac5uisition activity.

#ana ement team

The necessities for the start2up for the business62 1. +umber of salespersons62:. 2. Re5uirement of part2time workers62;. 3. +umber of machines6 2 ;. 4. 4hairs % tables62>?. 5. /illing machines and credit card machines. 6. 4ustomer service. 7. 4leaning staff. 1. (dvertising, marketing and promotion.

2.2 Staff members

The workers who stitch the clothes and gives final touch and measurement are ;. The workers who involve in selling process are :.

2.3 $roduct %escription

2.3.1. &asual 'ear &ome of the companyAs products includes62 o MenAs .ullover, 7ong &leeve, &mall to #C76 Rs. #??.?? o MenAsDWomenAs .ullover, &hort &leeve, &mall to #C76 Rs. E??.?? T(Shirts <>??F 4otton= o MenAs, 7ong &leeve, &mall to #C76 Rs.:??.?? o MenAs, &hort &leeve, &mall to #C76 Rs.;??.?? o WomenAs, 7ong &leeve, &mall to #C76 Rs.;#?.?? <>??F 7adies 4otton= o WomenAs, &hort &leeve, &mall to #C76 Rs.;??.?? <>??F 7adies 4otton= %enim )ac!ets <>??F 4otton )enim= o MenAs, &mall to #C76 Rs.G??.?? o WomenAs, &mall to #C76 Rs.H??.?? %enim $ants <>??F 4otton )enim= o MenAsDWomenAs6 Rs.G??.??

2.3.2 *ctive +ear,Sports+ear The active wear product includes the following62 S+eatshirts <>??F 4otton= MenAsDWomenAs, 7ong &leeve, &mall to #C76 Rs.;??.??

o MenAsDWomenAs, &hort &leeve, &mall to #C76 Rs.>#?.?? S+eat suits <1elour= o MenAsDWomenAs, &mall to #C76 Rs.>#?.??

2.3.- .eather /arments #otorcycle )ac!ets <>??F /lack 7eather= o MenAsDWomenAs, &mall to EC76 RsE??.?? .eather $ants <>??F /lack 7eather= o MenAsDWomenAs, &mall to EC76 Rs.:#?.??

Environmental scannin of business

3.1 Industry analysis 3.1.1 #ar!et se mentation
My store intends to target men, women, and children in the Tri2&tate (rea who re5uire competitively priced, branded clothing. Within all groups, there are no color barriers and customers have diverse backgrounds. The consumers range between one year and H? years of age. (ccording to the +.), women spend about I?F of all money that goes for sportswear. They control JHF of the dollars spent on their own clothes, J:F of those spent on childrenAs, and H?F of those spent for menAs sports apparel. )uring >JJJ, the womenAs consumer segment, a constant consumer group, dominated the K.&. apparel sales market. WomenAs apparel sales growth was :.GF and represented #;F of all apparel sales, whereas menAs apparel growth was E.>F and accounted for :>F of total apparel sales. Women tend to buy at a constant rate, whereas menAs apparel sales have been growing. 'ndividuals under the age of ;? wear about E:F of sports apparel, but individuals aged E# and older accounted for ;#F of the market in >JJJ. GirlAs and boyAs apparel rose ?.#F and :.IF, respectively. The Market (nalysis table and chart, below, show potential customers in the Tri2 &tate (rea by gender and age groups, as well as potential 'nternet sales.

3.1.2 &ate ori0ation of the customers

>. Teena e irls6 2 The age between >> to >J Middle class % upper middle class

'ncome groups i.e. ma@imum ;#,??? ;. 'omen6 2 The age between E? to H? Middle class % upper class 'ncome groups i.e. ma@imum :?,??? E@pected mothers 3. 1ids6 2 The age between > to >? Middle class % upper class &chool going kids 4. 2oys and ents6 2The age between >to #J Middle class % upper middle class

3.1.5 Shop participants

1. &uppliers9 E suppliers. 2. 'f re5uired9 no re5uirement or re5uirement of raw material after : years. 3. )istribution patterns9 no patterns followed. 4. 4ompetition9 medium competition and low competition. 5. +umber of competitors9 :?. 6. Main competitors9 H.

3.1.3 .ist of main competitors

1. 'ncense6 2 &hop no2G, )2>? block, sector2G, Rohini. 2. 3ashish6 2 &hop no2>H, /2E block, sector2G, Rohini. 3. )hoom6 2&hop no2>;, (2E block, sector2G, Rohini. 4. Rewa6 2 &hop no2>I, )2>; block, sector2G, Rohini. 5. .entaloons6 2 &hop no2;E, /2H block, sector2G, Rohini. 6. &hona wears6 2&hop no2>E, )2>; block, sector2G, Rohini.

3.1.4 2asic need of the existin customers

1. To give something new innovation. 2. To have the best 5uality in minimum price. 3. +ew designs. 4. +ew pattern of clothes. 5. .rovide in bulk. 6. +ew attractive designing and good fitting of the clothes. 6. +ew fashion clothesDlatest trends of clothes.

7. Ethnic wear.

3.2 &ompetitor analysis

S.'.5.T. analysis of the competitors 3.2.1 Stren ths

1. 4hanging consumer habits and lifestyles. 2. .lastic card revolution. 3. Greater availability of 5uality retail space. 4. ,uge profits. 5. 4ompetent to other competitors. 6. ,ome delivery. 7. ,aving the large number of outlets covering the whole country. 1. ,aving large inventory.

3.2.2 'ea!ness
1. $olicy related issues

a= 7ack of industry status for retail.

b= +umerous license, permits and registration re5uirement. c= 0armer and retailer unfriendly (.M4 act.

2. .imited consumer insi ht a2 7ack of detailed region specific customer data. b2 7ess data on spending pattern. 3. Inadequate human resources a2 7ack of trained personnel at all level. b2 &tringent employment and industry laws. c2 0ragment approach to human resources. J -. Taxation hurdle a2 'nconsistent ta@es like octori % freight and entry ta@ structure. b2 1at <value added ta@= and multiple ta@ation issues. c2 7arge grey market presence. 5. 6nderdeveloped supply chain a2 Knderdeveloped logistics infrastructure. b2 (bsence of national cold chain networks. c2 7ack of national distribution networks and hubs. 3. .ac! of adequate utilities a2 7ack of basic infrastructure like power, creates difficulty in sustaining retail operations across the large geographical spread of the country. b2 Transport facility c2 4ommunication problem

3.2.3 5pportunities
1. .otential for investment. 2. 7ocational advantage.

3. &ectors with high growth potential. 4. 0astest growing formats. 5. Rural retail.

3.2.- Threats
1. .olitical issues. 2. &ocial issues. 3. The inflation. 4. The nostalgia. 5. 7ack of differentiation among the malls that are coming. 6. .oor inventory turns and stock availability measures .

$ersonnel strate ies

&alary of the employees62 1. 0ull2time workers9 ;,??? per month 2. .art2time workers9 >,??? per month 0or e@tra working hours62 1. 0or ; hours overtime a day9 Rs.>#? for full2time workers 2. 0or ; hours overtime a day9 Rs.>?? for part2time workers
The overtime is counted only for the workers if the workers will in the field for more than ; hours and less than ; hours of work, the overtime will not be counted.

,olidaysDleaves given to employees62 1. 4asual leave9 : 2. &ick leave9 ;

The leaves are also negotiable with the type of the worker in the shop. 0or full2time workers62 1. 4asual leave9 # 2. &ick leave9 : 0or part2time workers62 1. 4asual leave9 : &ick leave9 ;

#ar!et research
3.1 #ar!et conditions
( successful new venture sells customers goods and services they want or need and continually grows a base of satisfied customers. ,undreds of people consider starting new businesses each year and each of them will ask themselves the same 5uestions62 )oes my product or service fill a needL Who will buy my product or serviceL What will my price point beL What are the trends in my industryL Who are my competitorsL

Market research helps in the following factors62 1. &ommunicate effectively 2. Identify and understand opportunities 3. $inpoint potential obstacles or problems -. 2enchmar! and evaluate your success

3.2 Existin demand of tar et mar!et

1. Medium demand in the market where my shop is located. 2. The buyers are generally belong to low and middle income group levels. 3. Moderate availability of the branded stock in most of the shops. 4. The people who have high demand are girls, women and school going kids. 6. Mostly the daily wear clothes and household items are highly demanded. The
specialty stores have grown in popularity with the >:2to ;#2year2old segment and department stores have declined in popularity with the same age group.

3.-.1 Stren ths of my shop

1. 4urrent location in the center has high traffic, in an area with several other shops targeting the same market which draws people to the area. 2. -ur innovation is in our sales techni5ue and point of sale displays. 3. Kni5ue brands protected by sole supply agreements. 4. &uccessful relationship marketing. 5. &hop siBe is restrictive. 6. -ur product is effective 5uality despite low level brands, high margin and low volume in comparison. 7. The stock is the same as our competitors. -ne can pick and choose what styles to stock. 1. /randed and local clothes are available in my shop. 3. Easy to attract people in the market.

3.-.2 'ea!nesses of my shop

>. We only sell a few of brands of clothes.

&mall store siBe and inability to find an e@pansion, resulting in stocking a limited product range. 2. &hop name is not well known. 3. 7imited industry e@perience and industry knowledge. 4. *et there are no contractual restrictions to us adding products to the store, store siBe is an issue. 5. There is not a lot of competitive advertising in the market where my shop is located and price is not so much of an issue to our customers.

3.-.3 2arriers and obstacles faced +hile enterin in the mar!et

>.The need of the huge capital to start up such as e5uipment, building, and raw materials and we have not invested much in the beginning. 2. The large and e@perienced retail owners can generally produce goods at lower costs than small and ine@perienced retailers. 3. The government regulations may make entry more difficult or impossible. 'n the e@treme case, a government may make competition illegal and establish a statutory monopoly. Re5uirements for licenses and permits may raise the investment needed to enter a market, creating an effective barrier to entry. 4. The sunk costs and lost money cannot be recovered if a retailer decides to leave a market. 5. The incumbent retailers can seek to make it difficult for new competitors and entrants
by spending heavily on advertising that new retailers would find more difficult to afford.

6. 'f a single retail shop owner has control of a resource essential for a certain industry, then other retail shop owners are unable to compete in the market. 7. When a good or service has a value that depends on the number of e@isting
customers, then competing players may have difficulties in entering a market where an established retail shop and a showroom has already captured a significant user base.

#ar!etin plan
4.1 %istribution strate y
The distribution involves a number of activities centered on a physical flow of goods and information. (t one time the term distribution applied only to the outbound side of supply chain management, but it now includes both inbound and outbound.

Management of the inbound flow involves these elements62 1. Material planning and control. 2. The purchasing. 3. The receiving. 4. .hysical management of materials via warehousing and storage. 5. Materials handling or handling of the stock. Management of the outbound flow involves these elements62 1. -rder processing. 2. Warehousing and storage. 3. 0inished goods management. 4. Material handling and packaging. 5. The shipping. 6. The transportation. )istribution channels are formed to solve three critical distribution problems6 functional performance, reduced comple@ity and specialiBation. The distribution strategy defines how you are going to create and satisfy demand for your products. ( distribution strategy defines how you are going to move

products from point of creation to points of consumption, in a cost2effective manner. 't must also define how to manage the brand. 0or my shop62 The suppliers supply the stock to my shop every ># days and sometimes also asked if there is an urgent re5uirement of clothes in my shop. +o particular procedure for distribution is followed but the salespersons in my store communicate to the people who came to my shop and ask their re5uirements. Then, they start serve the customers by showing clothes to them.

4.2 $ricin strate y

.ricing is the process of determining what a company will receive in e@change for its products. .ricing factors are manufacturing cost, market place, competition, market condition and 5uality of product. .ricing is also a key variable in microeconomic price allocation theory. .ricing is a fundamental aspect of financial modeling and is one of the four .s of the marketing mi@. The other three aspects are product, promotion, and place. .rice is the only revenue generating element amongst the four .s, the rest being cost centers. .ricing is the manual or automatic process of applying prices to purchase and sales orders, based on factors such as6 a fi@ed amount, 5uantity break, promotion or sales campaign, specific vendor 5uote, price prevailing on entry, shipment or invoice date, combination of multiple orders or lines, and many others. (utomated systems re5uire more setup and maintenance but may prevent pricing errors. The needs of the consumer can be converted into demand only if the consumer has the willingness and capacity to buy the product. 'n my shop, ' have fi@ed the reasonable prices along with the discount and with free gifts, so that it attracts different customers in the market. &ome of the shop products and their prices includes62 o o o o o o o o o o T(Shirts MenAs, 7ong &leeve, &mall to #C76 Rs.:??.?? MenAs, &hort &leeve, &mall to #C76 Rs.;??.?? WomenAs, 7ong &leeve, &mall to #C76 Rs.;#?.?? WomenAs, &hort &leeve, &mall to #C76 Rs.;??.?? %enim )ac!ets MenAs, &mall to #C76 Rs.G??.?? WomenAs, &mall to #C76 Rs.H??.?? %enim $ants MenAsDWomenAs6 Rs.G??.??

4.3 $romotion strate y

.romotion is one of the four elements of marketing mi@ <product, price, promotion, distribution=. 't is the communication link between sellers and buyers for the purpose of influencing, informing or persuading a potential buyerAs purchasing decision.

,owever, there are three basic ob$ectives of promotion. These are as follows62 1. To present information to consumers as well as others. 2. To increase demand. 3. To differentiate a product. The questions arise in the promotion are7( 1. Where and when can you get across your marketing messages to your target marketL 2. When is the best time to promoteL 's there seasonality in the marketL (re there any wider environmental issues that suggest or dictate the timing of your market launch or the timing of subse5uent promotionsL 3. ,ow do your competitors do their promotionsL (nd how does that influence your choice of promotional activityL

4.5 ST$ 8Se mentation9 Tar etin and $ositionin : 4.5.1 Se mentation
4ategoriBation of the customers62 1. Teenage girls6 2 (ged between >> to >J. Middle class % upper middle class people. 2. Women6 2 (ged E? to H?. Middle class % upper class people. 3. 3ids6 2 (ged > to >?. Middle class % upper class people. 4. /oys and gents6 2 (ged >to #J. Middle class % upper middle class people.
(ccording to our information, there are appro@imately >#?,??? males and >H#,??? females in the area where my shop is located, totaling :>#,??? people. -f those :>#,??? people, >IH,??? are between the ages of >I and #E years of age. &eventy2si@ percent of the :>#, ??? people have a household income of more than Rs. E?,???. My shop basically targets market is men and women between the ages of >I and #E of middle class people, upper middle class people and low income class people.

4.5.2 Tar etin

0or my shop, ' target the market and the customers by the following ways62

1. )esigning an attractive shop banner. 2. -ffering minimum price of clothes to the customers. 3. -ffering the coming customers in the shop the snacks and other refreshments. 4. 'ntroducing a seating arrangement for aged people. 5. -ffering other services like repairing of the clothes. 6. 'ntroducing offers of e@change of the clothes.

.roviding discount offers on $eans and shirts.;inancial ".1;inancial statements and cash flo+s The list of operating e@penses may include62 1. &alaries <staff salaries=. 2. The telecommunications. 3. The utilities. 4. The inventory. 5. The storage of the inventory. 6. The promotion of the shop and stock. 7. -ffice supplies. ".1.1&ash flo+ statement 1. The maintenance.

decisions

The e@penses amount of the cash inflow and cash outflows the basis of the product The which ' incurred before openingis ofestimated the shopon are62 sales, the inventory sold to the customers and the availability of the inventory in the shop.

1. 'nitial investment a2 b2 c2 d2 e2 Machines % e5uipments9 >?,??? 0urniture9 >?,??? &torage cabinets % stools9 ;?,??? ,angers and stands9 ;,??? &tationary materials9 >,???

2. &alary % incentives a2 4ost of stitching, patchwork % final touch9 G?? b2 )iscount on final product9 >?F &alary of the employees62 > 0ull2time workers9 ;,??? . month ; .art2time workers9>,??? . month 0or e@tra working hours62

per per

> . ; .

0or ; hours overtime a day9 Rs.>#? for full2time workers 0or ; hours overtime a day9 Rs.>?? for part2time workers

Estimated income earned on monthly basis62 > Monthly sales per . month Man 0eb ?.;; ; (verage sales per . unit ;? : . 'ncome per month ;H,??? /asis ?.;: ;H ;I,? ?? Man

Mar ?.; ; ;; ;;,??? 0eb Mar

(pr ?.;> ;# ;J,??? (pr

May ?.; ; ;: ;G,??? May

4ash inflows Collection of A/R ;,HE ? I,?? ? I,??? I,??? >?,H E? #,;I? H,?? ? >>,; I? G,;H ? I,? ?? >#,; H? G,;H ?

OtherIncome/Sales Total Cash Inflow

I,??? >#,;H?

4ash outflows I,?? I,??? H,??? I,??? ? E,H> #,:>J #,>>J E,J>J E,H>J J >?,?? >>,??? ? I,??? J,??? >;,??? 2 2 2 2 2

(ccts. .ayable (ccts. .ayable E@penses Ta@es -ther E@penses

I,??? -perating

Total 4ash -utflow 4ash .osition

>:,#?I G,:JH

>:,;?I I,;EI

>>,;? I >>,>? ?

>:,;? I > >,J#;

>:,G? I >E,JH E

Ending 4ash

H,>JH

G,?EI

J,J??

>?,G# ;

>:,GH E

1.3." $rofit and .oss analysis

' have assumes the profits and losses which will be incurred by me in the running course of business. ' have estimated the profits and losses for : years. /aisis &ales )irect 4ost of &ales Total 4ost of &ales Gross Margin *ear > Rs.#>:,# ?: Rs.;?E,I ;? Rs.;?E,I ;? Rs.:?I,HI: Rs.:H>,II: *ear ; Rs.#JJ,E ?: Rs.;:G,# ;? Rs.;:G,# ;? *ear : Rs.H?J,E ?; Rs.;:J,I JH Rs.;:J,I JH Rs.:HJ,# ?G

E@penses (dvertising )epreciation &tart2up costs Rs.E,I? ? Rs.E,II J Rs.#,#? ? Rs.>,;? ? Rs.:,:G ; Rs.H,;? E Rs.>>? Rs.;,E? ? Rs.J,H? ? Rs.:,H? ? Rs.E,I? ? Rs.E,II J Rs.#,#? ? Rs.>,#? ? Rs.:,#? ? Rs.H,;? ? 2 Rs.;,E? ? Rs.>?,? ?? Rs.:,H? ? Rs.E,I? ? Rs.E,II J Rs.#,#? ? Rs.;,?? ? R&.:,H? ? Rs.H,:? ? 2 Rs.;,E? ? Rs.>?,? ?? Rs.:,H? ?

Education % training WorkmanAs compensation 'nsurance 2 property 7icense % permits Maintenance 2 shop Marketing Miscellaneous

.ostage % )elivery .rof fees 2 accounting .rof fees 2 legal Repairs &upplies 2 shop Telephone Ktilities Employee benefits -ther Total operating e@penses .rofit /efore 'nterest and Ta@es E/'T)( 'nterest E@pense Ta@es 'ncurred +et .rofit +et .rofitD&ales

Rs.H?? Rs.>,#? ? Rs.>,?? ? Rs.H?? Rs.E,;? ? Rs.>,EE ? Rs.;,>? ? Rs.J,?? ? Rs.;,E? ? Rs.;EI,I GH Rs.#J,I ?H Rs.HE,H JH Rs.H,G# : Rs.>#,J >H Rs.:G,> :G G.;:F

Rs.H?? Rs.>,#? ? Rs.#?? Rs.H?? Rs.E,;? ? Rs.>,EE ? Rs.;,>? ? Rs.J,>? ? Rs.;,E? ? Rs.;#>,E J? Rs.>>?,: J: Rs.>>#,;I; Rs.>?H,::> Rs.#,JH : Rs.:>,: ;J Rs.G:,> ?> >;.;?F

Rs.H?? Rs.>,#? ? Rs.#?? Rs.H?? Rs.E,;? ? Rs.>,EE ? Rs.;,>? ? Rs.J,>? ? Rs.;,E? ? Rs.;HI,? H# Rs.>?>,E E;

Rs.#,>: I Rs.;I,I J> Rs.HG,E >; >>.?HF

".3 &urrent source of fundin

Knless a potential small retail business owner is independently wealthy and looking for a hobby, he or she will need to find financing for the new business. 0inancing a small retail business can take make forms and may include a variety of funding sources to cover the initial costs of opening and operating the business. /anks and government lending institutions such as the &mall /usiness (dministration <&/(= typically re5uire a personal investment by the business owner showing a willingness to share the burden of risk with the lender. Even franchises that offer in2house financing for new franchise operators re5uire a percentage of the initial investment to

come from the business owner. The savings and personal lines of credit from previous employers often are tapped to cover the personal investment.

0or my shop62 0or my shop, no appropriate source of funding followed but the capital is invested from my side only.

'f there is needed for funds in future then loan can be apply by me through the banks. The loan is not applied in the beginning of the business as the field of the business is new to me and somewhat to the workers. 'f there are losses incurred ispite of the profits then we canNt able to pay back the amount of lended loan to the bank.

' have also taken loan from my father as the capital to invest in the business.