Entrepreneur Project

DELVE Online Services

ACKNOWLEDGEMENT

We are thankful to Sir Fraz Inam for being source of motivation & inspiration. Above all to whom we cannot forget in our semester named Fraz Inam, who built such a gigantic passion to execute out plan till the accomplishment. We are also very thankful of our passionate teacher who always proved as best as other teachers in our entrepreneurship project. We are also thankful to them who were present with us in this project to be prepared till the final destination of this project. Through this subject we tasted a real flavor of the entrepreneurship that up to which limit it has been extremely worth full for us now in a present innovational universe. Today it has been a need of one country to pass under such idea & plan.

Our Vision:

 A just and livable world with cooperatively owned enterprise as a cornerstone of a sustainable economy.

Our Mission:

 Consumer-owned grocery stores serving our community with quality products and honest information.

Business Summary:

We are going to start our business of online services which is online shopping because there is an opportunity and a market gap. Population of Multan is round about 6 million and maximum people are not known about online services .Our main focus is to provide knowledge and information about online services. We will follow the penetration strategy. In our idea we tried our best to show you entire things that have been very much necessary for the people. Our target market is provide service of home customer.

Product & Services

Grocery Pharmacy Books Booking Services (Marriage Hall, Hotel Reservation, Air/Bus Booking) Food Delivery Other Services (Birthday Arrangement etc.)

Pricing

Price Skimming Price skimming is a pricing strategy in which a marketer sets a relatively high price for a product or service at first, then lowers the price over time. It is a temporal version of price discrimination/yield management.Place

1. Target Market Elite Class Middle Class

2. Segmentation Geographic Behavioral Related Life Style

Organization Plan:

Owner with the passage of time when our business will be successful then we will hire different managers.

Managers

Marketing Manager (Mubashir Nadeem) A & F Manager (Ali Zohaib) IT Manager (Muhammad Islam) HR Manager (Hafiz Rehan) Sales Manager (Ansar Ijaz)

Marketing Plan:

The entrepreneur must have effective PR & marketing skills. These marketing skills should enable the entrepreneur to carryout business development activities to target potential customers and also to maintain existing client base. Four P’s of our business.

Critical Risk:

Purchasing

Background Experience

Marketing Skill

Strong Sub-distributor

Skilled & Experienced Manpower

Evaluate Weakness of the business

New technologies

Team:

We are total 5 team member through this plan has been conducted successfully. All the teams’ member did his best to show this plan in a best manner. This group was consistent 5 boys. Let have a well awareness from each member.

Rehan Khan: HR Manager Mubashir Nadeem: Marketing Manager

Ansar Ijaz: Sales Manager Ali Zohaib: Finance Manager Head of R & D Muhammad Islam: IT Manager

Control your Management Using SPAMSOAP

1-Management Controls

Four controls function which is ORISOverall supervisory controlsReview of management accounts and comparison with budgetsInternal audit functionSpecial review procedures

2-Supervisory controls

Centralization will help supervision across management and each transactions and recording can be supervise.3-Organization as a control

Enterprises should have a planning, control and decision making in their organization to defining and allocating responsibilities and identifying lines of reporting for all aspects of the enterprise's operations. specified in the delegation of the authority and responsibilityshould be clear.

4-Arithmetical and accounting Controls

Auditing job must be authorized. and correctly recorded and accurately processed.the controls include CTRACT

Checking the arithmetical accuracy of the recordsThe maintenance and checking of totalReconciliationsAccounting for documentsControl accountsTrial balance

5-Personnel control

Person with the specific job must have specific responsibilities with capabilities appropriate.

Financial plan:

Imcome statement

2014 2015

Revenue

Sale of goods 90,60,808 96,36,537

Total income 90,60,808 96,36,537Expenses from Continuing Operations

Employee expenses 11,52,000 11,71,200

Supplies and services 50,635 55,442

Other expenses 20,230 22,515

Total expenses 12,22,865 12,49,157Operating income 78,37,943 83,87,362

Balance sheet:

2014 2015

Current Assets

Fixed Assets 3,60,200 4,54,155

Cash 16,90,023 20,06,112

Total Current Assets 20,50,223 24,60,267Non-Current Assets

Property 10,10,000 11,50,440

Total Assets 30,60,223 36,10,707

Current Liabilities

Payables 15,00,040 16,06,000

Other financial liabilities - -

Accrued employee benefits 96,400 105,603

Total Current Liabilities 15,96,440 17,11,603

NON-CURRENT LIABILITIES

Other financial liabilities - -

Total Liabilities 15,96,440 17,11,603Net Assets 14,63,783 18,99,104

Equity

Contributed equity 10,09,510 13,06,980

Asset revaluation surplus 2,54,220 3,90,144

Accumulated surplus 2,00,053 2,01,980

Total Equity 14,63,783 18,99,104

Payback Period

5 Months 13 days

Future Growth

Now we are targeted only Multan city but in the future our target will be big cities of Pakistan. Like Lahore, Karachi, Islamabad etc.

Ending The Venture

Because when new competitor came in market and they provide the best offers, services and facilities.

Directory

Gulgasht Colony & Bosan Road

1. Food and grocery

i. Trend

ii. Ideal Bakers

iii. Chase up

2. Medicine

i. Al-Noor Medicine Company

ii. Ahsan Medical Store

iii. Aftab Medical Store

3. Books

i. Mr. Books

ii. Multan Books

iii. News Corner

4. Sentiments

i. Gifto

ii. Unique

5. Other Services (Bus Services)

i. Faisal Mover

ii. Bilal Travels

iii. Daewoo

6. Hotel

i. Shangrila

ii. Ghouri

iii. Tasty Plus

Multan Cantt

1. Food Grocery

i. Prince Store

ii. Mehboob Bakers

iii. CSD Store

2. Medicine

i. Kamran

ii. Kamboh Pharmacy Plus

iii. Honey Medical Store

3. Books

i. FG B.C

ii. Multan Kitab Ghar

4. Sentiments

i. Perfume Palace

ii. Good Luck Gift Center

5. Other Services

6. Hotel

i. Ramada

ii. Zenzibar

iii. Shezan in

New Multan

1. Food Grocery

i. Sheikh Karyana

ii. Gourmet

iii. Al-kafia

2. Medicine

i. Peer Sons

ii. Madina Corporation

iii. Abid Corporation

3. Books

i. Kitabistan

ii. Chishti Book Stal

iii. Sohail Books Center

4. Sentiments

i. Makkah Gift

ii. China Gift Center

5. Other Services

i. Faisal Movers

ii. Bilal Travel

iii. Daewoo Express

6. Hotel

i. Kabana

ii. LFC

iii. Qureshi Tikka Shop

Mumtazabad

1. Food

i. Al Sehra

ii. Ajwa

iii. Al-kafia

2. Medicine

i. Ammar Medical Storeii. Ahsan Medical

3. Books

i. Awan Book centre

4. Sentiments

i. Al Sehra

ii. Ajwa

5. Other Services

i. Faisal Movers

ii. Bilal Travel

iii. Daewoo Express

6. Hotel

i. LFC

Assistance:

Contact Us: 0300-7306677……….extention

Feedback: www.delveonlineservices.com