small business plan (ice_bar_factory)

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Page 1: Small Business plan (Ice_Bar_Factory)

WELCOME TO OUR PRESENTATION

Page 2: Small Business plan (Ice_Bar_Factory)

Group name: Venturesome Merchant

NAME ID NO INT/SEC

Abu Ashab Ankan 13143101244 34th/06

Shazzadul Maruf 13142101086 33rd/02

Sarwar Jahan Imran 13143101253 34th/06

Rakib Mridha 13143101230 34th/06

Md.Abiruzzaman 13143101243 34th/06

Page 3: Small Business plan (Ice_Bar_Factory)

Name of Business: A&F Ice Factory Address: Sayaid Hamid Choudhury Road, Srinagar,

Munshiganj.

Nature of Business: Produce Solid ice bar or crushed ice (about 3O kg to 60kg per bar).

Product: 1)Solid ice bar.

2) Crushed ice bar.

Introductory page

Page 4: Small Business plan (Ice_Bar_Factory)

Financial Statement:Starting this business with a total of 25,00,000 lakh

taka, Where all the fund will be collect from the partners of this Business. As there are five partners so every

partner will give 5,00,000 taka.

Funding Amount of money

Own funds TK. 2,500,000

Page 5: Small Business plan (Ice_Bar_Factory)

Executive summary

The Name of this company is A&F Ice Factory. It will be situated in Sayad Hamid Choudhury Road, Srinagar, Munshiganj.

Phone no: 01680001111 Email ID: A&[email protected]

Page 6: Small Business plan (Ice_Bar_Factory)

Name & address of key people

SL NAME ADDRESS

01. NAME ADDRESS

Shazzadul Maruf H#9, R#5, SEC#6, Mirpur,Dhaka-1216

02. MD. Abiruzzaman Road-15, Rupnagar, Mirpur, Dhaka.

03. Sarwar Jahan Imran Mirpur-11, Dhaka-1216

04. Abu Ashab 74/1 D.N Sen Road, Gandaria, Dhaka.

05. MD.Rakib Mirdha Mirpur-6, Dhaka-1216

Page 7: Small Business plan (Ice_Bar_Factory)

Description of Business and its product and services:

We are producing two different types of ice bar to the local fish market and to the fisher man in munshiganj district. We also provide ice bar to the local ice cream factory and other sectors where ice is needed.

Page 8: Small Business plan (Ice_Bar_Factory)

Overview of Strategies

Munshigonj is a district which is situated in the bank of Padma which is one of the biggest river of our country. In this region there are many wholesale fish market which supply a major portion of fish all over the country. Those fish are captured from Padma River. To supply a huge amount of fish all over the country a huge amount of ice is need to fridge those fish but the amount of ice that they need is not sufficient so we want to use those opportunity for earn profit by producing ice bar.

Most of the ice factory of that area is producing ice by using Freon gas but this give there ice less longevity but we will produce ice by using ammonia gas and this type of ice take too much time for melting and we will sell those ice bar in lowest cost then other.

Page 9: Small Business plan (Ice_Bar_Factory)

Industry Analysis

Future outlooks and trends: Our future outlook is to fulfill the local want and then

capture the inter district market because there is a lot demand of ice bar in other district like Dhaka and Narayangonj and Munshigonj in not that far from Dhaka and Narayangonj.

And our trends is to provide product with limited profit but good quality.

Page 10: Small Business plan (Ice_Bar_Factory)

Analysis of competitor:1. Emon Ice & Cold Storage Ltd.2. Kuliarchar Cold Storage Ltd.3. Rainbow Ice factory

Industry forecast:1. Current amount of Capital: The current amount of capital is

Tk25,00,000. 2. Distribution of profit & losses: Each partner will provide Tk5,00,000. As the investment is equal so the profit and losses will be distributed into five portion. The estimated profit will be tk300000 per month.3. Future contribution: If there is any need of investment in future then the necessary amount of investment will distributed to every partner and if any partner would unable to invest then his share will be reduce and other partner will be the owner of that amount of share.

Page 11: Small Business plan (Ice_Bar_Factory)

General Overview Vision: To become the best and no 1 ice bar supplier of

that region and also in other district like Dhaka and Narayangang.

Mission: Ice that we produce will be most efficient than others. We also sell those ice bar less than others.

Goal: To earn the trust of the customer of that area. To become the biggest ice bar supplier of that region.

Objective: To provide the best quality and most efficient ice bar to that region’s fish market and other sector. To earn all of the investment within first 1.5 years.

Slogan: “Preserve as Firm Fresh” Logo:

Page 12: Small Business plan (Ice_Bar_Factory)

Background of the entrepreneurName of the entrepreneur Roles and responsibility

Abu Ashab CO-OWNERShazzadul Maruf CO-OWNER

Sarwar Jahan Imran CO-OWNER

MD.Rakib Mirdha CO-OWNERMD. Abiruzzaman CO-OWNER

Page 13: Small Business plan (Ice_Bar_Factory)

Size of the business: This is a medium type business activity and work are so simple so here faith and dedication is more needed then formalities.

Products and service Overview: There are mainly two type of product that we will provide one is ice bar another is crushed ice bar. And there is two different type of customer. One is whole seller the will purchase our product in daily basis and another is retailer. Our customer will be mostly fisherman, Fish seller, Fish trader and ice cream maker etc.

Page 14: Small Business plan (Ice_Bar_Factory)

Production plan Machinery and Equipment:

ITEM TK

Machine 2,00,000Electricity 4,00,000

Ware House 3,50,000Cooling coal Pipe 1,20,000

Crenature Pipe 1,50,000Ice Can 4,50,000

Die Plate 3,00,000Wood 70,000

Ammonia Gas 80,000Sub miscible pump 80,000

Cork Sheet 70,000Others 2,00,000Total 24,70,000

Page 15: Small Business plan (Ice_Bar_Factory)

Physical Plants: To start this business we need tread license, an environmental certificate from environmental ministry, A 440 volt 50 watt Industrial Electricity line permission and a Joint Bank Account. It will take a land of 20 feet by 40 feet area. This land will be lease for 10 years and the amount of leasing will be tk960000. This amount will be paid by monthly basis (tk8000 per month).

Manufacturing Process: The process of manufacturing is so simple. Our main raw material will be water and electricity. And another supporting material s salt and ammonia gas. This plant will produce 150 ice bare (each bar is 60kg) every day.

Page 16: Small Business plan (Ice_Bar_Factory)

Pricing: The price of the per bag of ice will be 120 to 130 for the retail customer and 110 for wholesale customer according to the situation.

Promotion: We will promote our product by billboards, Signboards, Leaflets or by convincing the customer directly.

Distribution: Our Company will distribute the product to the wholesale customer according to their order and retailer will collect product from our factory site.

Competitors, Product & Service Review analysis: Our competitor’s product is less sufficient then us because they made their ice bar by using frayon gas and this type of ice melt more quickly than ammonia gas made ice and our another advantage is we will sold our product in tk100 to tk130 which is about 60 kg and others product is only 30kg and they sold it in tk90 to tk100 so here we get our best advantage and another is we are 1st company who will provide delivery service to the wholesaler.

Marketing Plan

Page 17: Small Business plan (Ice_Bar_Factory)

SWOT Analysis Strength:

Business reputation of being innovative Strong customer relationships Selling products directly to the customers Keeping costs below that of competitors Higher responsiveness to customer demands

Weakness: Lack of transportation & Human Resources Lack of experience. New in this business. High cost of rental for the office Cost management.

Opportunity: Seasonal high demand of the product Providing best services within reasonable price

Internet as a marketing tool Desire of customers for one-stop buying

Threat: Stronger brand name of competitors Strong relationship of competitors with retailers

Political instability

Page 18: Small Business plan (Ice_Bar_Factory)

Financial Forecasting Income statement: We will make income statement half

yearly. Cash flow: In flow and out flow of cash, all data will be collected

and listed. Balance sheet: Our Company’s balance sheet will be made

yearly. Expense TK TKElectricity 100000  

Salt 10000  Wages For Workers 20000  

Others 6000    Total 136000

Income TK TKIce-bar {(140*120)*26}

(average)436800 436800

  Total 436800Total Profit Expense Net Profit

436800 136000 300800

Page 19: Small Business plan (Ice_Bar_Factory)

THANK YOU