bpt - electricity saagar shubham final

8/13/2019 BPT - Electricity Saagar Shubham Final

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PRESENTATION

ONSMALLBUSINESS MANAGEMENT

PRESENTED BY:

SWARNJEET KAUR

SAGAR KASHYAP

JASDEEP SINGH


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INTRODUCTION

SMEs in New Zealand aredefined as enterprises with 15 orfewer employees.

SMEs is a business in which allthe critical managementdecision are made by one or twopeople without the aid of internal

specialists.


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COMPANY DESCRIPTION AND BACKGROUND

NAMEPB elctronic ltd

Location 112 kays road

puke ko he 1010

(0210)288765

Size of business-Small Scale Industry

Owner name-Mr Abhinav Kumar , Mr vihan Kumar

Email address-PB [email protected]

Type of firm - Partnership ship


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BUSINESS PROFILE

PB Electronic was established as partnership firm in oct, 2011.PB

Wholesale has been looking after thousands of IT resellers since 2011.Our wholesale business has been built on the fundamentals of having alarge of stock holding at the best price. Through our unique globalsourcing and local distributor agreements we can offer variety ofproducts at NZ best price.

Mission- The mission of the PB electronic is to be top supplier and retailer among

north region 1 n 5 year .


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Keys to Success

Pb electronic provide after sale service .

Pb electronic employs are experiencedprofessionals with diversified experience in salesand marketing.

Deals with only good quality brand named product


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PERCIEVED RISKS IN THE BUSINESS

Market Fluctuations Rapid technological

Evolution

Securing humanresources

Legal restrictions

Competition


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LEGAL REQUIREMENTS OF THE BUSINESS

Registrations. Fair trading Act 1986.

Consumer guarantees

act Employment Act

Health and Safety Act


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Legal Problem :

Copyright and Patent Issues :

Dissatisfied Customers

Disgruntled Employees

Recommendation

Special customer forum for complaint :

Proper employment contract :


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MARKETIN PLAN

In the marketing plan includes how thecompany marketed their product and coversthe more market in operating stage.It mainlyconcern about the strategy which they willusing so that they can success in the market.

Channel of distribution : Production is made tosatisfy the need of customers.so it reach to thecustomer from whom it is made thus a waythrough which goods flow from producer to thecustomer is called channel of distribution


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TARGET MARKET

-

The target market is the very first important things

that has to clear in the mind of the seller.

Main target of PB electronic are:

All age group

Focus on mainly high class people

SALES PROMOTION-

sales promotion is a bridge between advertising

and personal selling.


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Market strategies

The marketing strategies are to providepromotional prices to Consumer into the marketand further increase the rate when the Store is

well established

Advertisement in local newspapers about newstore.


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Problems in the Marketing :

As the competition is so much in market PB Electronic

is not aware about the new brands

PB Electronic is not offering any special offers

PB Electronic is not selling their product online as

other companies selling .PB Electronic is a small store of Electronic people does

not trust on small stores .


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Recommendations to correct these issues:

PB Electronic should increase the brands of products

that they are selling

They should use strategies of online shopping

Special offers and discounts is the other way of attracting

peopleThey should try to work with a big store where so many

people come and buy their product.

PB Electronic should hire more marketing and sales

people


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Operation of the business

Tactical issues

It include plant layout and structure, project managementmethods, and equipment selection and replacement.Operational issues include production scheduling and control,inventory management, quality control and inspection, traffic andmaterials handling, and equipment maintenance policies.


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Name of FeeAmount

Initial purchase of Materials $170,000

Security deposit, if required$41000

Insurance$1,500

Phone ,Notebook,Tablets,Desktop PC, Memory PC/Server$50,000

Professional fees$1,000

Business license, name registration$1000

Expenses while start up training $1500

Grand opening advertising$1000

New center marketing $3,000

Additional funds (3 months) $1200

Estimated total $250,000


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On-going expenses

Type of FeeAmount

Rent$1000

Salary

$52000

Payments for "Chargeable Items" Purchased

from PB Electronic$100

Advertising Contribution$100

Estimated total$56,600


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Location

Location of small business is in 112 kays road,puke ko

he ,Auckland

Layout

one floor of 1000 sq

Evaluation of performance

Each employees is evaluated on the bases of theirperformance periodically that is after 3 months.


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Problems

Payments of salaries - income is less companyhas to pay the salary to the employees on dailybases.

high rent-Layout requires high rent payments as itsituated in city area and it keep changing in everysix months


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Financial Plan

PB Electronic is the small business operation so it has the

minimum investment of $575000 at the beginning which isindependently financed by owners and the loan or borrowing.The investment is required for the fixed asset like land, furniture,vehicles etc.


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2009 2010 2011

Sales $89,922 $91,700 $125,550

Direct Cost of Sales $75598 $87651 $101767

Other Costs of Sales $0 $0 $0

Total Cost of Sales $75598 $87651 $101767

Gross Margin $79,324 $81,049 $104,784

Gross Margin % 97.00% 97.00% 97.00%

Expenses

Payroll $52,000 $53,000 $54,000

Sales and Marketing and

Other Expenses$1600 $1600 $1600

Depreciation $10000 $10000 $10000

Rent $1000 $1000 $1000


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Utilities $1600 $1600 $1600

Insurance $1500 $1500 $1500

Payroll Taxes $3,800 $5,950 $8,100

Other $0 $0 $0

Total Operating Expenses $71,500 $74,650 $77,800

Profit Before Interest and

Taxes$51,524 $62,099 $74,684

EBITDA $3,924 $5,499 $8,084

Interest Expense $0 $0 $0

Taxes Incurred $1457 $2630 $3,405

Net Profit $2,467 $2,869 $4,678

Net Profit/Sales 7.63% 8.78% 12.83%


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2009 2010 2011

Assets

Current Assets

Cash $54,444 $65,974 $79,738

Other Current Assets $1300 $1300 $1300

Total Current Assets $55,744 $67,274 $81,038

Long-term Assets

Long-term Assets $42,000 $42,000 $42,000

Accumulated Depreciation $1400 $1800 $2,200

Total Long-term Assets $40,600 $40,200 $39,800

Total Assets $96,345 $107,475 $120,839


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Liabilities and Capital 2009 2010 2011

Current Liabilities

Accounts Payable $2901 $2561 $2647

Current Borrowing $0 $0 $0

Other Current Liabilities $0 $0 $0

Subtotal Current Liabilities $2901 $2561 $2647

Long-term Liabilities $0 $0 $0

Total Liabilities $2901 $2561 $2647

Paid-in Capital $0 $0 $0


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Retained Earnings $24,377 $35,444 $56,913

Earnings $31,067 $41,469 $53,278

Total Capital $55,444 $76,913 $110,192

Total Liabilities and Capital $58,345 $79,475 $112,839

Net Worth $55,444 $76,913 $110,192


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Human resource management

Human Resource Management (HRM) is the function within an

organization that focuses on recruitment of, management of, andproviding direction for the people who work in the organization. HRM canalso be performed by line managers.

HRM is the organizational function that deals with issues related topeople such as compensation, hiring, performance management,

organization development, safety,In the words of JAMSHED JI TATA

WORKERS ARE THE ASSETS OF THE COMPANY,SO

MANAGEMENT OF WORKER IS VERY IMPORATNT FOR EACH ANDEVERY FIRM


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Recruitment and Selection process

Recruitment planning

First of all it will decide that how many numbers of Personnel are to beneeded. what skilled of personnel required in their organization.

Strategy development

After deciding the planning for recruitment we decide from where we willget our employees. Internal recruitment or External recruitment.

Screening

In this step we screen the employees, whether they are capable to dothe job or not.

Evaluation and control

In this step we decide about Salary for recruiters


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SELECTION

Primary interview

Selection test

Employment interview

Reference & back ground checks

Selection decision

Job offer

New instructors Training.


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Problems and Recommendations

Problem

Your employee can be your greatest assets and can be your greatestexpense good working staff is sometime difficult to find. Employee mustclear the PB Electronic Interview and testPB Electronic take employeeson six months contract store cannot terminate employee before contractperiod.

Recommendations

New techniques of work should be adopted by PB Electronic so that tocompete with the competitors. It should enhance the target market so thatto expand the business. Time to time review on employee and their wayof work and their behave for the costumer . Good ,knowledgeable and

experience staff should be appointed.


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Research methodology

Research methodology is a way to systematically solve the problem. The

scope of research methodology is wider than that of research method.Both primary and secondary data is used for collecting the informationabout PB Electronic because establishment of is in PB Electronic 1954and it has a long history to know about.

Primary data include interview with PB Electronic manager. Making

questioners to the demand of such institute in a particular area. Secondary data include information provided on internet, books and other

study material.


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bpt - electricity saagar shubham final

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