GRAY FABRIC INDENTING Executive Summary Mainly the report is about a services based business of Gray Fabric Indenting.

First of all we have given project proposal in which we elaborated that this business do not require the much amount of money rather than the personal skill. After this we have discussed about the location factor that why we have chosen that specific location in the yarn market of Faisal Abad. The next main point was about the reasons for which this kind of business came into existence and the main reason for starting this business was to save the time of exporter and the manufacturer of the Gray Fabric After the consideration of the location factor the feasibility report is there in which the main focus is on all those things that are required to establish the business set up. Name of some important equipments, needed for the business, are furniture, laptop, computer, printer, fax machine etc. The approximate budget, which is the very next phase after feasibility report, provides the projected expenses regarding the salaries to staff members, traveling, stationary and utility bills. Business background in the next segment provides the information about the reasons for establishing this kind of business. Under the head of services we have provided the information regarding those key services, which our firm will execute in the normal operations. In the next the report deals with a very brief detail of the market, competitors and the segmentation. The comparative advantage deals with those strategies that we will adopt for running the business in the market. In the segment of operations we see the main points about where the finance will be generated, what will be general management and what isthe cost benefit analysis. After this a chart elaborates the companys hierarchy. At the end of report weave given the references of those firms where we have collected the information. PROJECT PROPOSAL In this fast growing world, business has become a very dynamic field. We have to look various factors while choosing a specific field in business. Without considering the market conditions, competitors analysis, government policies and the economic and political conditions we cant lay down the foundation of a successful business. The reason is that today we are competing against all the companies of the world due to the implementation of the WTO. Now the concept of war has been changed from the battlefield tothe field of business and the economic growth. Today businessmen are confronted with the problem of generating the finance for establishing the business. Usually this problem arises for the small entrepreneurs. But our report elaborates such kind of business, which does not require too much finance rather than communication skill and public relations. During the internship period we thought about this idea of Gray Fabric Indenting. We have chosen the location for our business office in the Yarn Market, Montgomery Bazar, Ghanta Ghar,Faisal Abad. The reasons for choosing this area are

Nearly all the textile-marketing offices are there.

This area is basically a plate form for the buyer and seller of the every type of clothe

This market is considered as the biggest Asian yarn market Introduction Indenting is the business which used to saved time of the exporter when an exporter and he does not haveenough time to go in the market for the research of that specific cloth order, then the exporter contactwith the indenter to manage the cloth, then the duty of indenter start and he search the cloth from themarket and get delivered the cloth to exporter and he charge the commissionRs.50 to Rs.2 meter. Thistype of business is called Gray Fabric Indenting.

Business Background Due to the rising needs of the exporters a need of indenter was realized. Sometimes the exporters do nothave the enough time to contact with the manufacturers of the Gray Fabric. Thats why to bring togetherthe exporter and the manufacturer with in very less time an intermediate party (indenter) came intoexistence, which has the contact not only with the exporters but also with the manufacturer of the Fabric.

COMPERATIVE ADVANTAGE: To get the above average return it is compulsory for a firm to get the competitive advantage over itsbusiness rivals.Our competitive advantage over our competitors will be On time delivery Our inspection services After sales services

ON TIME DELIVERY We will deliver the gray fabric on the right time and at the right place to the exporter it will help us a lot toget an edge over our business rivals. OU R INSPECTION SERVICES We will inspect and make surprise visits in the weaving factory where the production will be in theprocess, by doing that practice the producer will do his work efficiently and will complete the project atthe right time and it will reduce the chances of the rejection of gray fabric. AFTER SALES ERVICES After the delivery of fabric to the buyer party we will pay the immediate payment to the seller by collectingthe cash payments from the buyer and will not make delay in that process. And if the fabric provided by the seller is rejected due to any reason then we will compensate the buyers. OPERATION:

Buying We will buy the gray fabric from weaver on the behalf of the exporter. Stock Control There will be no stock control and no storage cost because we will directly collect the fabric from the weaver and deliver the fabric on the place asked by the exporter. Financing Activities

If the market interest rate is low then we prefer the financing, but in this business we invest our own capital. Promotion We will promote our business by making the personal meetings with our customers.It will help a lot in the promotion of our firm and it will help us to deliver our views in an efficient way toour customers. Licensing or NOC No need of licensing or NOC. You can start the indenting business without permission at any place in Pakistan. But you have to register the firm. And you can start the business after getting the registration. Market. Mainly focus is on the exporters. Because we have the mainly concern with the exporters and we have a strong focus on the exporters because that community provides us the business and they can flourish our business.

Competitors

Hamad Textile

Arva Textile

Rehmat Textile

A.N Textile Solutions

Zahid Gi Textile

Tanveer Traders

Segmentation As the textile sector is very much broad and it would be very difficult to have the hold on the whole sector. So our specialty would be in gray fabric.

Gray Fabric Interlacement of warp and weft yarn

Warp The length wise yarn used in weaving is called warp weft The width wise yarn used in weaving is called weft Services Our business is related to services. Followings are the main key services provided by our firm to the different parties

Searching Fabric on the behalf of the party

Cash Delivery

Problem Resolving

Sampling

Provide Information

Provide the Looms to Exporter at Conversion

SEARCHING FABRIC ON THE BEHALF OF THE PARTY Thats our main responsibility to arrange the fabric for the buyer party from the seller party. CASH DELIVERY It is our duty to take the cash from buyer party and give it to the seller because the seller sells the fabric on our behalf. So, it is our responsibility to provide the cash to the seller. PROBLEM RESOVING If any problem occurs it will be our responsibility to solve that problem. if the buyer party reject the fabric due to any fault it will be our duty to make that transaction happen And to satisfy the buyer.

SAMPLING The other service we have provide is to send the sample of the fabric to the buyer party and if someone need the fabric of specific type then we have to provide the full information to the producer. Warp count weft count, No. Of warp/inch , No. Of weft / inch, width of fabric PROVIDE INFORMATION If any party require any type of information then we have to provide that party he whole information afterconsulting it from the concerned party. Such as if any exporter demand the rate of the specific quality fabric then we have to provide him the total rate list of the fabric weaved on the different looms. PROVIDE THE LOOMS TO EXPORTER AT CONVERSION. If the quality demanded by the exporter is not available in the market then we have to arrange the looms for him at conversion in which the exporter provides the yarn and we have to look after the production process.

Conclusion The business of indenting made its scope when the number o exporter increasing. As the textile industry is contributing a lot in the exports of the Pakistan. so that business is emerging as fast growing business .Thats the business which does not require the so much finance it just require your knowledge about the industry and your repute in that industry. Thats the business through which you can earn the huge profits by investing very less finance. Indenting is a business in which the indenter can establish the long term relationships with the exporters and the gray fabric producer which will help him throughout his business time period. Thats the business about which a lay man does not has much knowledge through this report every person can easily understand the indenting business.