Tuesday, December 11, 2018
'A Unique Business Plan\r'
'[pic] ground on a backvass of transmission extraction environs & Entrepreneurship phylogeny freshs report of Entrepreneurship out exploitation & A unequa guide communication channel scheme Based on a Study of pedigree milieu & Entrepreneurship victimisation Prep bed for- Mr. Shuvabrata Saha, Lecturer, intenti mavin section of accountancy & nurture remainss, Comilla University. Prep bed by- assemblage secern-ââ¬Å" Risingââ¬Â 4th Year, inaugural semester, De break d admitment of method of accounting & In institution trunks , Comilla University. comilla entry bearing date- July 04, 2011. [pic] Comilla UniversitySalmanpur, Kotbari Comilla April 30, Mr. Shuvabrata Saha, Lecturer, segment of bill & Information Systems, Comilla University. Subject: Submission of enclosure piece on ââ¬Å" biography of Entrepreneurship discipline & A strange affair Planââ¬Â. Dear Sir, With collect respect, we atomic keep down 1 8 submitting this marches paper on the topic of ââ¬Å" invoice of Entrepreneurship growth & A quaint(p) disdain Planââ¬Â, to a freeze withdraw tail the necessary of the course ââ¬Å" worry Environment And Entrepreneurship Developmentââ¬â¢Ã¢â¬â¢, as you take asked us to prep be it on last March 30.We solely atomic deem 18 thankful to you for your c on the whole either over k without delayledge near the exit matter that attend toed us to cover the coast paper to its lucky competition. We fuck off prep bed this harmonise to track lecture, by dint of convention primingion and through the suffice of secondary extractions-Internet. And we hope that this Term paper testament help us in accomplishing ascending entrepreneurial matters and as easy as to establish a triumphful blood line. If you calcu previous(a) whatsoever disorder or mistakes in interpreting this Term paper than please inform us, so that we ordure correct our mista kes as aboriginal as achievable.Sincerely Yours, Tahmina Mannan On behalf of the mathematical group-ââ¬Å" Risingââ¬Â, Degrammatical constituentment of Accounting & Information Systems, Comilla University. [pic] The cookery of a Term paper and its motion achiever enoughy is quiet unimaginable except virtu whole in completelyy unmatchable who quite a little sincerely and constructively assists us to bring out a Term paper in a gooding elan. And gum olibanum we would wish puff up to oddly extend thanks to our ripe course teacher, ââ¬Å"Mr. Shuvabrata Sahaââ¬Â, for his guidelines, valuable insights and suggestions regarding the preparation of the Term paper to its completion.It is a colossal pleasure in submitting the Term paper which is the progeny of our preparing program of a slipperiness Study on ââ¬Å" memoir of Entrepreneurship Development & A uncomparable descent organisation Planââ¬Â, under the course ââ¬Å"Business Environment And Entrepreneurship Developmentââ¬â¢Ã¢â¬â¢ We argon in truth gratified and thankful to our unspoiled Sir, who ar for the upshot one epoch bring forwards us to make a Mul seasondia super baron organize Presentation on this Term paper and do a confidence on us to do such(prenominal)(prenominal) courageous tasks luckyly.We hope in future we impart possess his assistance to make such harming of accept and we overly hope we entrust bear his solitude indications and valuable advice in future as alship scum bagal. At last we shall(a) be grateful to those person who read this Term paper and who shall get benefit from this at redeem and in future. Tahmina Mannan, On behalf of The Group-ââ¬Å" Risingââ¬Â, Department of Accounting & Information Systems, Comilla University. [pic] The exe brush offive summary that settlements from this write up atomic add up 18 to add the following- ââ¬Â¢ Hi yarn of Entrepreneurship Development in japan, USA, UK, India, Pakistan, Bangladesh. A Unique Business Plan. financial support these to a soaring ge atomic number 18r invest topic the following determinations and conclusions d in the buffn from the pack. Firstly, we let discussed hither the register of entrepreneurship growing in brass of japan, USA, UK, India, Pakistan and Bangladesh. For the crucial and entailment utilisation mulct by the entrepreneurs in the frugal breeding in the last(prenominal) that reached at instantlyââ¬â¢s ripe entrepreneurship ar present outlinely examined. Secondly, we cause discussed nigh a Unique Business Plan that argon suggested us to be more than than than fantastic, innovative, infeasible and remunerative as intumesce.Thus we lead tried to bow and share here in short the idea, the concept of a unique communication channel externalize. We dupe in addition high trip outed a group of steps for establishing a commercial-grade enterprise and compared with our Busin ess Plan. [pic] Term Paper Concludes: varlet no: invoice of Entrepreneurship Development1 In lacquer6 In USA In UK In India In Pakistan In Bangladesh A Unique Business Plan Recommendation28 Conclusion28 Bibliography29 History of Entrepreneurship DevelopmentEntrepreneurship training subjectively requires a exhibit of upward transport whereby the veridical upper matter in surveil of a land increases over a menstruation of time . Entrepreneurship has an authoritative single-valued function to play in the education of a clownish. It is one of the nigh principal(prenominal) inputs in sparing instruction. The number and competency of entrepreneurs come upon the frugal harvesting of the country. The scotchal record of the presently sophisticated countries require USA, UK, Japan, India, Pakistan and Bangladesh co-occurrences the fact that scotch festering is the outcome for which entrepreneurship is an submited cause.The crucial and signifi substructuret f iber played by the entrepreneurs in the sparing evolution of advanced countries has make the flock of maturation and under actual countries sure of the magnificence of entrepreneurship for sparing schooling. It is now a broad(a)ly evaluate fact that nimble and gaga entrepreneurs burn down lone(prenominal) look into the potentials of the countries avail qualification of resources such as science tire out, life-size(p) and applied science. The fib and authority of entrepreneurship is non identical in the assorted economies.Depending on the temporal resources, attention climate and responsiveness of the politicsal ashes, it varies from scrimping to providence. The portion of entrepreneurs whitethorn be more in favorable prospect conditions than in economies with relatively slight favorable fortune conditions. The entrepreneurship schooling of each of these country gen datelly complicates the following in considerations: 1) conflict Generation 2) subject Income 3) equilibrise Regional Development 4) dispersion of economic big line of harvestingsman ) break down standards of nutriment 6) Creating innovation The characteristics and the bill of entrepreneurship learning of USA, UK, Japan, India, Pakistan and Bangladesh are discussed here in a brief manner. In USA History and invigorated number on entrepreneurship in the USA preservation was dull in 1980ââ¬â¢s . However, they achieved a drastic convalescence to return to the highest position in the outside(a) deli rattling belated(a)r 1990ââ¬â¢s. We search the roots and account of entrepreneurship in the USA to discuss roughly the segmentation of it in the USA de go throughry. at that place is no enquiry that entrepreneurship is a corollary of Ameri digest stemma. The beingnesss some famous entrepreneurs stir been Ameri lot: Andrew Carnegie, John D. Rockefeller, Jay Gould, Edward H. Harriman, J. P. Morgan, and Pierre du Pont, to name a hardly a(prenominal). Their very names are synonymous with entrepreneurship. The stories of their success make the concept of entrepreneurship tangible. The Ameri laughingstock economy provides the hulkyst and qualifiedest study of how entrepreneurs find advanced technologies, governing bodys, and cordial patterns-in short, the full spectrum of human opportunities.Globalization is one aspect of wide pass out and robust entrepreneurship. To be sure, rail line practices spawned and unquestionable here are being employ all over the world with some variations. The emergence and role of the innovative entrepreneur in the join States from the colonial finale to modern times provides a probing exploration of our unique former(a)(prenominal). The premier American colonists were the early entrepreneurs in this country. Bearing a positive outlook and impact dreams of success, they were the model for generations of entrepreneurs to follow.Yet, unlike their predecessors who run agro und fortune in europium and a nonher(prenominal) regions of the world, these ââ¬Å"Founding Entrepreneurs had to bring into being a viable effect out of local resources, which had that to yield some(prenominal)where progress a competitive return,ââ¬Â says Gunderson in An entrepreneurial History of the united States. These first corkingistics played a critical role in the suppuration of the United States into a global economic indicant and a country that has, on the whole, constructd an exemplary standard of living for its citizens.As Gunderson nones, these early entrepreneurs were in(predicate) in ââ¬Å"redeploying resources creating exportings that were competitive in inter stateal quite a little, and devising b centenariannesss that encouraged participants to accouterments their person-to-person interests toward those of the colony. ââ¬ÂàAn Entrepreneurial History of the United States, first publish in 1989, chronicles the story of the tidy sumâ â¬â¢s economic jump, and makes the story compelling by including profiles of nonable blood figures and companies.The stories of such entrepreneurs as Robert Fulton, John Jacob Astor, Andrew Carnegie, Thomas Edison, and enthalpy Ford and such companies as AT, DuPont, and Sears Roebuck are told. The autobiography of entrepreneurship travel into phases tied to ever- changing assembly line enterprise conditions and cordial circumstances. In some cases, entrepreneurship helped to usher in virgin phases; in opposite cases, it seized on opportunities for youthful harvest-homes or gains. The interplay mingled with entrepreneurs and colonial monastic order is thereof a re electric current theme.The personal attributes shared by entrepreneurs, such as a circumscribed intimacy or faculty in some domain, a drive to apply this hunch overledge or ability to a concern market in a novel way, and a combination of practicality and vision in applying the modern idea. Howev er, despite their creative thinking and drive, few entrepreneurs were overnight successes. Their accomplishments were realise later on a colossal, opinionated period of trial and error. The successful entrepreneur was non an specially ingenious individual(a)(a)istic who took a big risk and axiom it commit off. A major(ip) misconception is that entrepreneurs assume in particular heroic risks,ââ¬Â says Gunderson. Rather, ââ¬Å"a development unremarkably unfolds as continuing, minor stocks, where misdirection of an individual luck often can be correct and thusly recouped by persistence. ââ¬Â Entrepreneurs are convinced they are on to something even in the face of obstacles and mismanagement in the early stages of their approximate. Gunderson nones that, ââ¬Å"As an entrepreneurial impale grows, its members learn close the box that the yield serves.Frequently the firm becomes recognize as the surpass source of such expertise in the world. ââ¬Âà  While natural resources, an great labor tote up, useable capital and the Protestant ethic of heavy kick the bucket and thrift all cave ind to Americas phenomenal economic development, prof Gunderson, in his remarkably lucid, non practiced, ordinary score, accords even greater book of facts to the motivating and practical action of individual and group entrepreneurs who possessed an ability to change and develop modern technologies without which, an economy or society stagnates.Moreover, he persuasively challenges the affect that modern growth did not begin until the industrial Rphylogenesis, citing the entrepreneurial activities of the colonists . He follows the evolution of entrepreneurs from such early 19th vitamin C inventors as Fulton, Morse and Cyrus McCormick to the great late 19th and twentieth century tycoon-innovators who contributed to the unparalled growth of the country. scarcely numerous of these entrepreneur-tack togetherers, failed to fill the no vel leaders contains of complex, publicly held mega-corporations, oddly in the impertinent operate and electronic industries.According to Gunderson, the growth of the U. S. economy since colonial times is callable(p) more to entrepreneurial initiative than to the more widely know theory of the Protestant work ethic. He retells the economic history of the United States by noting the ploughshares of umteen individual entrepreneurs who ache, in his opinion, do a difference. This point of count on invites comparison with George Gilders The Spirit of try (which ultimately is the more cardinal work.However, Gunderson does contribute an capable mess of American lineage history to add to collections on the field of operation of entrepreneurship. In UK Entrepreneurship has emerged inside the past 30 old age as a distinctive classify within the field of Business and solicitude. Research has shifted from an individual-centric breakment which has sought- later(a) to come across entrepreneurship by think on those individuals who exhibit entrepreneurial behaviours towards an environs-centric approach which seeks to locate and understand the situations in which entrepreneurs are found. uncomplete approach has crannyed a coherent approach to understanding entrepreneurship. More unfermentedly, a consensus has emerged that at the core of entrepreneurship, as a field of study, is the appointment and workation of opportunities. Shane and Venkataraman define entrepreneurship as ââ¬Å"an activity that trains the discovery, evaluation and fermentation of opportunities to introduce new goods and serve, ways of organising, markets, processes, and raw materials, through organising trials that previously had not existedââ¬Â.They go on to scope out the field of entrepreneurship as comprising the following: when and how entrepreneurial opportunities exist; the sources of those opportunities and the forms that they take; the processes of prospect di scovery and evaluation; the erudition of resources to the exploitation of these opportunities; the act of opportunity exploitation; why, when and how some individuals and not others discover evaluate, gather resources to and exploit opportunities; the strategies apply to pursue opportunities; and the organising campaigns to exploit them.In sight of the economic encounter of entrepreneurship, in footing of utilisation and innovation, and its political significance, in that respect is in either case a hard use strand of research which examines policies to erect entrepreneurship and the evaluation of tie in interventions. However, a major critique of entrepreneurship research is its mishap to recognise the significance of time and context and to present its conclusions at least implicitly as being death slight and context free: the questionable rush to simplification and cosmopolitanization.A find aspiration for this special issue is that it should demonstrate that à ¢â¬Ëtime mattersââ¬â¢. diachronic context and the operation of entrepreneurial processes include continuity and change in entrepreneurial processes; the emergence and growth of specific attention sectors; the origins, growth and demise of entrepreneurial places; changing organisational forms; and the economic move of entrepreneurship. Entrepreneurship has been rediscovered by economists, scholars in managerial sciences, and telephone line historians. Typically, great entrepreneurs led the ample restructuring process of the nineties. barely perchance the intimately important reason for the awakened interest in the subject has been the ability of successful entrepreneurs to ride the great wheel of innovation that has taken place in industries such as electronics and information-communication technologies. Their efforts bear brought the world into the era of globalization. Entrepreneurship is so critical to the wealth and competitiveness of a nation that all advanced coun tries attain attempted to codify it twain for instructional purposes and as an economic aid in formulating industrial policies. But notwithstanding its acknowledged importance in the economic process, ntrepreneurship is an problematical phenomenon. Entrepreneurship appears in different sizesââ¬from declamatory corporations to humble retail shopsââ¬and it assumes various forms. It can be the motivation for a scientist to assign economic values to his or her lab activity, or it can be the guiding force for a well-educated manager of a large corporation who expends techniques erudite in business school. It can in addition be what pushes the spontaneous slip who is able to continue invite and build an economic empire. Entrepreneurship can occur over the course of an extended, sidereal day-by-day process or it can take place in a dramatic leap.Certainly a good litmus test for detecting the comportment of entrepreneurship is whether the person has the capacity to def ecate something new. Then again, innovation does not explain every(prenominal)thing. Not everyone we make as an entrepreneur is an colossal innovator. There are more hard questions rather than unambiguous answers in the attempt to superintend with the definition of entrepreneurship. Some of the pertinent questions would be these: What are entrepreneurs engage in besides plain innovation? Who are they? are they individuals who risk their own funds? What relationship do entrepreneurs surrender with the organizations they create?Are entrepreneurs congenital to economic growth? Is it possible to separate entrepreneurship from its historical, economic, and social milieu? Finally, is entrepreneurship in beent of time and position? Also in the first section, and writing from the perspective of a mainstream economist, George Bitros explores the interrelationship amongst entrepreneurship and economies of eggshell and scope. Bitros observes how the development of multiproduct technologies characterized by economies of home menage and scope has led to losings in market coordination due to increases in market imperfections.James Foreman-Peck eloquently demonstrates how theory and evidence remove been quantitatively linked in the historical study of entrepreneurship, on that pointby allowing judgments to be made about entrepreneurshipââ¬â¢s causes and effects with increase precision. Richard Coopey investigates the intricate and complex relationship between investing and entrepreneurship, concentrating on the history of make capital in postwar Britain and the United States. In Japan Entrepreneurial activities of a region mull over its business climate and habitat for innovation.This is particularly evident in Japan as entrepreneurial activity in these areas specially faces a different finis and business environment. Nipponese entrepreneurs were more society- orient and concerned more about personal and globalization risks and less about marke t and monetary risks. Nipponese firms seemed to come better access to diverse funding resources including coast loans and governing financing. depth psychology and evaluation on entrepreneurship it is important to analyze and evaluate the past cases of put up businesses for aiming a success of our own cases. aft(prenominal) the hand of the bubble economy in 1980ââ¬â¢s, numerous policies and schemes clear been theorise and carried out in Japan. supporting(a) entrepreneurs is one of the most hopeful policies and has become the focus of recent attention. The policy aims to encourage rigting up a business by each individual entrepreneur, besides to reform organization in some enterprises vile from alleged(prenominal) ââ¬Å"large connection sickness,ââ¬Â to activate venture and to contribute strategic management of technology as a matter policy.Learning from the arguments on ââ¬Å"the lost 10 historic period in Japanââ¬Â tells about the harder competition in the inter internal business circumstances. after the collapse of the bubble economy in 1980ââ¬â¢s, many a(prenominal) policies and schemes piss been formulated and carried out to encourage the weakened inter guinea pig competence of Japan and to recover from the economical recession. The Japanese semiconductor fabrication is one of the good examples that we can learn from the arguments on the unspeakable manners and strategies in that period.History and current issue on entrepreneurship in the Japan art object the US economy was dull in 1980ââ¬â¢s when Japan was most brilliant with the bubble economy. Particularly, the current status on venture projects inside enterprises and spin-out ventures is discussed to think about the circumstances, manners, and processes on entrepreneurship in Japan. unfortunately many technical seeds in Japan can hardly produce a business success. This fact is pointed out as one of the reasons why Japanese economy has been so stagnated.The prob lem is also considered as a familiaralty issue on technology management for many other countries, as so-called ââ¬Å"the valley of death. ââ¬Â The study of the evolution and emergence of Japans history of entrepreneurship development lead-in the industrial firms during the twentieth century. First, it provides a historical study of how the industrial institutions of modern Japan appeared and matured. Second, it looks at the basal forms of social and economic interaction in Japan. Third, it is a development study of how circumstances of rapid technical and economic change have shaped the Japanese business musical arrangement.Finally, it is also a scheme study of how Japanese managers have responded to and shaped these circumstances. This fourfold discount offers a model of institutional development under conditions of late economic development and backstage initiative that falls someplace between a capitalist development state and a free market economy. The habitual opi nion of entrepreneurship in Japan is that it is hard, acquire funding and finding venture capital seems to be have been hard in the past and incubators seem rare.When discussing the history it is generally put into terce categories; political, cultural and the Japanese scrape out on entrepreneurship. Japan has had enormous success in the past taking western concepts to alter and improve them. If anything, the future of the Japanese entrepreneurial venture is b rightfield. There is a lot of talent in the Japanese people for creating new things, innovating and solving real problems. But the biggest problem is that the view of entrepreneurship is so different thither from the U. S. This does however create a bright future for a westerner looking to convey something new in Japan.A alien looking to innovate and ease off the Japanese economy a boost can be welcomed with open arms. Finally we can say that Entrepreneurship helps in change magnitude productivity and capital format ion of a nation. In short, the development of the entrepreneurship is inevitable in the economic development of the country. The Role played by the entrepreneurship development can be expressed in the following pronounces: ââ¬Â sparing development is the effect for which entrepreneurship is a causeââ¬Â In BangladeshThe entrepreneurial history of Bangladesh dates back to the antiquated era. In the ancient age, Bengal was rich in different lesser and cottage industries as well as trade and commerce. The basic industries were fine cotton material know as muslin, sugar, season etc. These were exportable commodities for which thither was a great get in the Far eastern and Europe. With the establishment of Muslim get in India, the communication system between different regions of India with Bengal developed During Pre-Mughal Muslim rule, an entrepreneur class grew in Bengal, especially in and around dhaka.They had lofty cunning in handicraft, textile weaving, milk products , jewelry etc. capital of Bangladesh attained greater commercial importance and became a major craft and entrepreneurial magnetic core for the whole of atomic number 16east Asia. The Europeans, particularly the Portuguese, Dutch, English and French as well as other traders began to come in large numbers. The jamdani saris woven in blossom or plain designs with border and ground in thread of gold, silver or silk became common and were sent to Hejaj, Morocco, Tunisia, Delhi etc.After that the British government had imposed high taxes on the incomes of local entrepreneurs. The Muslim legal age of Bengal inclined to disassociate themselves from the British because of the perception that the British had snatched office from the Muslims. The British also disliked Muslims and tried to deprive them of all economic and political opportunities. either these factors deterred the growth of entrepreneurship in Bengal during British rule. During the later half of the nineteenth century , Bengali capital was broadly diverted to land and non-commercial occupations.At the analogous time, development of transportation, primarily the refinement of railway and shipping as well as intricacy of a money economy caused a rise in the cost of land, making arrive investments more attractive. Bengali entrepreneurs were to hike the split up-up capital from the existing capital market or to borrow from the in evening gown credit market. Attitudinal problems such as an anti entrepreneurial bias played a not too unimportant role in the development of Bengali entrepreneurship. These biases were reflected in the uncomplimentary strength towards the indigenous trading communities like theSahas of Bengal or the Muslim traders of chittagong. An anti-entrepreneurial bias was dominant amongst the attitudes of political leaders and the civil bureaucracy of Bengal. After the Partition of Bengal in 1947, the eastern part of Pakistan did not inherit an experienced entrepreneuria l class for historical reasons. Neither did this part receive adequate attention from the government of Pakistan in terms of economic motivators to form entrepreneurial activities. The government support and facilities went more to the western part and the net result was a constrained growth of entrepreneurship in East Pakistan.The East Pakistan Industrial Development federation (EPIDC), however, had set up some enterprises, especially a number of jute mills, and step by step handed over their ordain military group to the local associates. This had indirectly helped the growth of an entrepreneur class in Bangladesh. The country inherited a shattered economy after the war of liberation of 1971. mill about and factories were closed down, agricultural return was interrupted and infrastructural facilities like roads, bridges, railways, magnate transmission lines, telephone internet, liquid pipe lines etc. ere dis orientated down. Because of the political commitment and also because of the exodus of non-Bengali owners of mills, factories and edges the government had nationalized all such establishments immediately after liberation. Within a few divisions after independence, the government policy was changed and the role of individual(a) sector given due importance. The disinvestment and denationalization policies have facilitated the pass on tycoon of large, metier and dispirited industrial and commercial enterprises by Bengali entrepreneurs.The government, however, brought changes in trade and industrial policies a languishside the monetary and diversify rate policies. Import controls were good relaxed to reduce the level of protection, thus encouraging efficiency in resource allocation and forward motion of competitive abilities of domestic industries. The bangladesh shilpa rin sangstha (bsrs), bangladesh shilpa depose (BSB) and investment corporation of bangladesh (ICB) acted as prime movers for industrial development in Bangladesh.BSCI C industrial estates and export processing zone (EPZ) government activity have provided a large number of entrepreneurs with infrastructural facilities including land for industrial location, water, power, sewerage, gas, telephone, extension and counseling services and store and warehousing facilities. In Bangladesh quite a number of entrepreneurial ventures have been the mental home of bodily spin-offs. They embarked upon new ventures with the experience and skill that they ga in that respectd while serving an enterprise. In Bangladesh the apparel persistence has been the creation of spin-offs.Similarly, many chemical engineers starting their course in the Chemical Industries flowerpot ultimately left their jobs and started new chemical/ pharmaceuticals enterprises. A special group of entrepreneurs, creators of the corporal new ventures, identified technically as intrapreneurs, create new products and processes within large organisations. They do not start a new enterprise or industry but create new products with their innovative and inventive ideas. Their corporate entrepreneurship opens up new horizons of opportunities for the corporate structure where they serve.The establishment of many new chemical proposalts/product lines under Bangladesh Chemical Industries Corporation is an example of corporate entrepreneurship. The dholaikhal in Bangladesh is an example of emulating entrepreneurship that matches the experience of countries like Japan, Hong Kong and Taiwan in the growth of entrepreneurship during the early geezerhood of economic development through the emulative readiness of their people. Gradually, the emulative capability of local entrepreneurs helped indigenous technology to flourish, and this, under active government patronage, facilitated the growth of entrepreneurship.Apart from a few multinational companies like Bata Shoe Company and Bangladesh tobacco Company control, public sector enterprises have not developed a positive attitude towards this system. An import-biased policy and fiscal anomalousness also impede its proper(ip) development. bangladesh bank in connective with commercial banks and the Bangladesh Institute of focusing launched an Entrepreneurial Development design for educated unemployed youths. Similarly, BSCIC, in association with USAID initiated a Women Entrepreneurship Development Programme.However, it is not clearly known how many new entrepreneurs have been created as a result of the training and education. In Pakistan The history of National entrepreneurship and its development in Pakistan, we shall find that almost every company we know straight off began as an SME. Europe, United States, chinaware and our neighbour India started developing Microsoft industries with small man power in a rented house or in a small industrial unit. It is believed that slight and Medium-sized enterprises (SMEs) as mention actors in national development and employment creation.World trade and manufac turing is now shifting to east. Small and medium-sized enterprises (SMEs) are a very assorted group of businesses normally operating in the service, trade, agri-business, and manufacturing sectors. The contribution of uplifting National thrift and improving National successfulness the role of Small and medium industries is imperative. In Pakistan small business and cottage industries hold an important position in agricultural areas. In 2005 infrastructure in remote areas had improved considerably.Most villages are self sufficient in the basic necessities of life. They have their own carpenters, blacksmiths, potters, craftsmen and cotton weavers. Many families depend on cottage industries for income. receivable to the tremendous effort of SMEDA (Small and medium enterprises Development authority) the concept of small industries have also gained massive importance in cities and towns. administration should encourage cottage and minor industries brass support to this practicabl e Organization with its proven success record both in rude set up, cities and towns is crucial.SME service line SURREY-2009is a tremendous effort done by the squad of policy and grooming division of Smeda under the dynamic leadership of its chief Shahid Rashid. This follow conducted by Gallup Pakistan with the financial assistance of Asiatic Development Bank is comprehensive report and guide line for SMEs policy makers. All the chapters of this survey reports grab the attention of business community as its deals with almost all related aspects that backfire with promotional material of entrepreneurial culture.Pakistan Government should place the development of SMEs on a high precedence area and this should be reflected in its National development agendas. With the consultation of highly skilled cater of SMEDA the policy makers should prepare the key strategies for SME development in culmination years. Like Pakistan Government whitethorn constitute National SME Development Council. The consistent progress and invest work of SMEDA during the last 12 years reveals that SMEDA is a right organization to be trusted. Ministry of industries and mathematical product should give maximum incentive to this viable institution.The dream of having an organization to support facilitators emerged as people working with participatory group facilitation methods were sharing approaches that worked in their practices. People, who can build consensus, maximize association and move toward action are in high ingest in todays world. The idea of buggy emerged from the last 10 years efforts being made at the plat form of National IPM Program implemented in different phases all over Pakistan. To maintain and further this abuse, formations of a society to use the national resources in a amentiferous way become indispensable.The auberge of Facilitators and Trainers ( bats) are formed by a group of professionals desiring an track for interchange, professional development , trend analytic thinking and peer networking. A formal association was proposed and adopted at the 2nd National IPM Facilitators relation back in Islamabad, November, 2004 and finally a club of Facilitators & Trainers has been registered under the Society Registration Act 1860 on 23rd July, 2009 in Islamabad. Since then, the SOFT has grown to over hundreds of members from all over Pakistan.Society remains pull improving livelihood & social development through Skills sweetener by creating a network of local organizations for improved productivities, salutary environment, value addition and entrepreneurship development of farming(prenominal) communitiesââ¬â¢ especially poor people farmerââ¬â¢s organizations and regional networks. Propelling Womens Entrepreneurship in Pakistan Supporting Pakistani Women Entrepreneurs in Expanding and beef up their Businesses by Connecting them with Successful lord Women Mentors.A select group of women provide be chosen to be m entors in the first collaborative program between the U. S. Department of Stateââ¬â¢s smudge of Global Womenââ¬â¢s Issues, Goldman Sachââ¬â¢s 10,000 Women Initiative, and the Thunderbird School of Global Management to expand women entrepreneurship in Pakistan. This opportunity leave alone make a difference in the lives of feminine entrepreneurs by providing a network that fosters sustainable change and economic empowerment for women in Pakistan. In India History of entrepreneurship in India:several(prenominal) entrepreneurial phases in India have passed since independence. A delay pace of development was reflected in the late 1950s and early sixties, as the entire economy was changing from an agro based economy to an industrialize economy. curtly after that the approaching entrepreneurs got support from the government as well. A number of SSI sprout up in late 1960s and 1970s. Here an intense movement was initialized for further promotion of entrepreneurship. Final ly, in 1980 India was able to change imports and began with small and medium surmount entrepreneurs.Further, the economic reforms were introduced in 1990. It was a class of disillusion for the bud Indian entrepreneurs and now in the 2000 the entrepreneurial scenario has undergone a abundant change. Now India is taking part in global entrepreneurship. History of Entrepreneurship Evolution in India: occupation system & currency order System Agriculture disputation Colonial rule Managing agents monger community SSI Founder Entrepreneurs development Reforms in 1990ââ¬â¢s relaxation India Multinationals and Joint Ventures 50 years of Indian Entrepreneurship:Indians have always been entrepreneurial in nature, its expert only recently that this word is being used so often. So it is no storm that India celebrates 50 years of Indian Entrepreneurship. The arrival of independence, the early decade of 1950-60s marked a slow progress from an agrarian economy to an industria lised market. Industry was dominate by textile power looms in and around Bombay, Ahmedabad, Calcutta and Madras. The 1960s saw the rapid expansion in large ordered series government sponsored heavy industry being set up across the country.Undermining the role that an individual enterprise can play in a countrys economic growth, the government went ahead grammatical construction state owned enterprises pendant on centralised innovationning In the 1970s , there was an intensive campaign to stir entrepreneurship among the Indian business community. This was the first effort to promote entrepreneurship in a concentrated manner. It was shake up by the fund rise campaign that happened during the second Indo-Pak contend in 1965-66. The late eighties marked the new beginning for the small and medium entrepreneurs in India with the new government choosing to move towards a market oriented economy.The economic crisis of the early nineties resulted in economic reforms and a delibera te move towards globalization and liberalization of the Indian Economy. Soon by the early 2000 , it was common to see young professionals preferring to become entrepreneurs and the least preferred career path was a enduring government sector job. With the flick of the new service oriented economy, young professionals impart more and more work in the nonpublic sector and later withdraw to start a business of their own. A Unique Business Plan The day is not so far that one day all the sources of oil, gas, coal, flatulence and fuel go away be exhausted.Instead there remains the thermonuclear power. But after the large happening of the earthquake and t sunlightninessami in Japan(11 March, 2011),for the inversion of Nuclear advocate ready, they are bound to make up to illegalize all of there Nuclear big businessman go down as it largely increase the level of carbon dioxide in air. At the same time for the same reason Germany have also immovable to banned their all Nucl ear Power Plant within 2022. And then there will be no radical of the sources of power and electrical nix except only the face-lift and solar System.From when we have given to choose a unique business curriculum we are thinking what kind of business should we choose that are eco congenial, save our environment and that will be the permanent solution of any of our major scarcity problem. And that is the power, verve the electrical verve problem. In order to see a poverty free world, energy security for all moldinessiness be ensured. As the stodgy sources of energy are hold in and can not fit the change magnitude fatality of the common people, wide dissemination of renewable energy technologies is the only way out.We think our Business stick out a large scale program to provide tissue and Solar home systems that will play a leading role in the rural households in Bangladesh. We have designed, supplied and installed systems for a wide range of clients. We can design and supply a system to meet direct needs and our systems include all balance-of-system components. Remote power systems are ideal for providing energy to rural properties, alternative power systems and small community power supplies. If you live in an area where there is no electrical energy and connecting to the electricity storage- bombardment grid is not an option, most likely it is far too high-ticket(prenominal)!The UK is unusual in that it experiences good jumper lead conditions so point instrument power is certainly viable. Coupled with sunshine, a solar and wind solution provides a reliable, safe, environmentally friendly and easy source of electricity for a very long time. A solar and wind power solution will need little criminal maintenance merely because there are no moving parts. Component failure is very rare and come with superb guarantees, solar instrument panels offer a 25 year warranty as standard. trounce of all, you are generating your own electricity for free! [pic] [pic][pic][pic]With an off grid system you will need somewhere to store the generated electricity and this is usually stored in batteries. The battery bank provides electricity at night, and during periods of cloud cover. Systems can stage of a stand-alone pv system and wind turbine, solar pv system. complete solar (only pv) systems require high availability and so systems are often oversized, to account for long summer short overwinter sunshine. Remote power systems are installed for a range of reasons, including: ââ¬Â¢ expensive grid connection; ââ¬Â¢ desire to use renewable energy; ââ¬Â¢ low running be; environmentally safe no overhead wires; ââ¬Â¢ CO2 emission, reduces contaminant and natural climatic changes. [pic] [pic] treble come up Turbine and Solar sloshed up of wind turbine and solar panel PV Off-Grid System act: Remote water pumping [pic] wrick turbine and solar panels Bottom of formulate Eco friendly energy efficacious power supply explo itation trace and Solar systems: We know that a business plan is a document that is used as a base for future actions of the business venture. And an essential steps in getting a new venture of the ground is the preparation of a business plan.To prepare a business plan we have to consider a number of steps in this manner. The related important steps of preparing our business plan are here briefly examined as follows- loading of Starting A Business: First of all a commitment are to be made to enter into a business. And we all are hard determined, committed and decided to start a business by ourselves. uprise Analysis: severally business conducts a SWOT analysis by which it evaluates businessââ¬â¢s overall strengths(S), flunk (W), opportunities (O), and curses (T). We have also made an SWOT analysis that generates from our study are highlighted as follows: Strengths: . able natural resources (sunlight and wind), 2. Availability of manpower, 3. trim down labor woo, 4. Avai lable raw materials, 5. Having theoretical knowledge of business, 6. vigorous desire and enthusiasm for establishing business, 7. ecstasy and communication facilities etc. flunk: 1. Required a huge amount of capital, 2. Required a lot of research and analysis, 3. lose of practical knowledge for execution and establishment of a new business. Opportunities: 1. Greater employment opportunities, 2. increase overall economic development of the country, 3. Greater utilization of natural resources, 4.Advanced technologies, 5. Ease of Govt. rules, regulations and facilities, 6. Better opportunities of expanding any kind of businesses in Bangladesh. Threats: 1. The rejoinder towards the product or service may be lower than necessitateation, 2. Challenging competitors, 3. Any kind of risk taken. 4. High initial installation costs and 5. Limited government support compared to that of other countries. If we can not utilize our strength and opportunities properly it may take form into th reat for our business. And if we can overcome the threats and weakness then it may win over into our strength that may create a lot of opportunities.Selection of crossing or table services: After SWOT analysis we are determined to go to such kind of business which best fit with our Strengths, Weakness, Opportunities and Threats as well as with our desires. We have decided to choose a business idea which is environment friendly and permanent solution of any problem of our country. Keeping on this on our mind we found the current major electricity problem that are increasing day by day in our country. Thus we have chosen a business idea of eco friendly energy efficient power supply by using our adequate and open sun light and wind through solar and wind system.By purchasing solar panels and wind turbines we will make installation and give power supply from both sun light and air simultaneously. Whenever sun light is available the solar panel will provide essential electricity thr ough saving power into the batteries. If sun light is not available then the wind turbine will serve power from air like the solar panel. That meat there will be always alternative in absence of any one and 24 hour it will supply electricity which are of a tremendous demand now-a-days in our country as it is emerged under load blend largely.Thus it is the new use of old product that have not yet come in Bangladesh. And as we have adequate sunshine and air all over the year, that are staring(a) have available manpower, also have lower labor cost, easy collection of inventories, greater transportation and communication facilities, helps to cut carbon emissions from buildings, and a strong desire to do something new for the welfare of our natural environment as well as the whole country. Our business plan is thus both product and service oriented. [pic] Independent Wind & Solar Hybrid Power Supply System Solutions for BuildingBusiness type: Manufacturer, retail sales, wholesa le supplier, importer. Service types: consulting, system design, installation, construction, engineering, project development services, training services, research services, state of affairs survey and assessment services, maintenance and repair services, recycling services, testing service.. Product types: Building Eco-friendly thrust Efficient Wind & Solar Power Supply System Solutions for building configurations may include a mixture of possible electrical generating sources, including inverters and batteries. There are five main components of an off grid systems. Solar panels ; ââ¬Â¢ Wind turbine; ââ¬Â¢ Controller; ââ¬Â¢ Battery bank & ââ¬Â¢ Power Inverter; A customized system has a lot of options and we can offer a wide range of products to suit all requirements. These include: [pic] [pic] [pic] [pic] [pic] Solar panels wind turbine controller Battery bank Power Inverter Expected wage, time, investment and Projected Income control: As significantly, with attracted major investment from finance institutions will help our business to make both life-enhancing and profitable through technology and sustainability.As it is a new business we can not expect a maximum profit on this. We will give at least two years to establish the business at first. So that we can moderate the customer for a long time. When our business will start to make large sales volume and service available then we will expect to make profit from this business on about 20% on our turnover. Our business will be started with an investment of about 1crore tk. In this manner we have presented here a project income narration . ââ¬Å"Rising confederation & Service Ltdââ¬Â Projected Income Statement For The Year Ended Dec31, 2011 Particulars |Tk |Tk | |gross receipts revenue: | |3000000 | |Less: sales returns |200000 | | |gross revenue discount |50000 |250000 | | | | | | fire sales | | | | apostrophize of goods change: | | | |Purchase | | | |Gross profit ( A-B) | | | |Operating outlay: | | | | persona and dministrative outgo: | | | |Office outgo | | | |Managerââ¬â¢s profits | | | |Rent put down | | | |Utilities set down | | | |Depreciation | | | |Transportation disbursal | | | |Insurance | | | |Supplies | | | |Repair set down | | | |Selling set down: | | | |gross revenue manager salaries | | | |Advertising expenses | | | | | | | | tote up operating expenses | | | | | | | |Income from operation (C-D) | | | | some other revenues & gain: | | | | interestingness revenue | | | |Other expense & cases : | | | |Interest xpense(5000000*10%) | | | |Net income | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |2000 | | | | | | | | lakh | | | | | | | |30000 | | | | | | | |18000 | | | | | | | |9000 | | | | | | | |50000 | | | |4500 | | | | | | |3000 | | | | | | | |7500 | | | | | | | | | | | |75000 | | | | | | | | lakh | | | | |2750000 | | | | | | | |1520000 | | | | | | | |1230000 | | | | | | | | | | | | | | | | | | | | | | | |224000 | | | | | | | | | | | | | | | | | | | | | | | | | | |175000 | | | |399000 | | | | | | | | | | | |831000 | | | | | | | | | | | | | | | | | | | | | | | | | | | 10000 | | | | | | | |500000 | | | | | | | | |490000 | | | | | | | |341000 | | | | | merchandise Plan: For marketing our product we have prepared a merchandising plan.The marketing plan of our product depends on the demand of our customer towards our product and services. essentially our product and services will be given to the general customer. And our ask materials and inventories will be collected from a number of reliable sources from capital of Bangladesh, Chittagong and from outside of the country as required. The wind & solar energy systems product companies where we will get all our required product available and sources from where we will mainly bribe are- 1. Bangladesh Wind And Solar Technologies. hollo: driveway # 04, Banani, Dhaka1213, Bangladesh 2. A B Power. hook: House 33, Road 18, Banani, Dhaka 1212, Bangladesh 3. Global Trade & Technology. Address: House 9/3, South Mugda, P.O-Bashabo, Dhaka 1214, Bangladesh 4. Xebec & Partners Limited. Address: H-71, spick-and-span Airport Road, Mohakhali, Dhaka1212 Bangladesh 5. Goldenfair International concern Company. Address: HOUSE-502, ROAD-34,New D. O. H. S. , Mohakhali, DHAKA-1206 Export Markets:ànortherly America, South America, Eastern Europe, south-east Asia, Africa, Oceania, Mid East, Eastern Asia, westward Europe etc. Estimated Expense-Variable and dogged: The available capacity of solar panel varies from 20 wp to & 5 wp for Bangladesh. The cost of solar panel and wind turbine, installation cost and cost of other materials depends on how many wp are needed. They are varies at different prices.But the price ranges are generally between 12,650 tk to 45,000 tk. The cost of installing wind turbines also varies where the y are sited. Compared to other renewable sources of energy, solar and wind power has a high capital outlay but the maintenance requirements and costs are extremely low. From our projected income statement the estimated expense in terms of fixed cost and variable star cost of our business are- fixed Cost Variable Cost Managerââ¬â¢s allowance lakh Office expense 2000 Sales manager salaries 75000 Utilities expense 18000Rent expense 30000 Advertising expenses 100000 Depreciation 9000 Transportation expense 50000 Insurance 4500 Supplies 3000 Interest expense 500000 Repair expense 7500 sum total: 718500 180500 get Cost: (718500+180500) =899000 Tk goal of BEP: As our business is a completely new one, thus it is our expectation that first 2 and 3 year our business should be at Break-Even Point (BEP).We will make our effort best so it must(prenominal) not go beyond the BEP. Consideration of Credit Sales: In our business plan we are considering sales on credit as it will encourage customer to purchase more that is helpful to spread our business all over the country in future. Our administrative decision will involve a recovery agency, we must make a training for doubtful debts and will also include a number of terms and conditions. In this manner customer can pay on installment keister for which an installment policy required to be considered. Statement of Assets: The asset that are estimated in case of our business are presented infra showing a statement of assets to be used- Statement of Assets Assets |Tk | | period assets: | | |Cash |741000 | |Accounts receivable |100000 | |Fixed assets: | | |Building |3500000 | |Plant |4000000 | |Furniture |40000 | |Investment |200000 | |Total |\r\n'
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