joy autistic.mgt368
TRANSCRIPT
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JOY FoundationFor Autistic Kids
Submitted by:
Sharafat Halim 091 0615 030
Nabil Muntaqim Khan 093 0057 030
Tasrif Khaled 093 0284 030
Rifat Ishtiaq khan 093 0410 030
Submitted to:
Mr. Faisal Wali
SECTION-5
Date of Submission 28th March, 2012.
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March 28, 2012
Mr. Faisal Wali
Lecturer
School of Business
North South University
Subject: Submission of the project report on Joy Foundation
Dear Sir,
It is a great pleasure for us to submit this project report on Joy Foundation. We are pleased
to inform you that we have thoroughly enjoyed working through this term paper and all ofour representatives have contributed efficiently and moreover effectively to finish this
significant report. This has enabled us to gain valuable knowledge and experience that is
essential in our career development.
Therefore, we would like to take this opportunity to convey our deep regard for your valuable
guidance and sincere inspiration. We hope you will enjoy reading this paper.
Yours sincerely,
Sharafat Halim 091 0615 030
Nabil Muntakim Khan 093 0057 030
Tasrif Khaled 093 0284 030
Rifat Ishtiaq khan 093 0410 030
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Table of Content
Content Page no.
Introductory page 3
Executive summary 4
Industry Analysis 6
Production plan 17
Operational Plan 21
Marketing plan 25
Organizational Plan 34
Assessment of risk 37
Financial plan 54
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Introductory Page
Name of the business
The name of our business is Joy Foundation.
Name of the Principals
Sharafat Halim
Nabil Muntakim Khan
Tasrif Khaled
Rifat Ishtiaq khan
Nature of Business
Joy foundation will produce products that are specially designed for people with
autism.
Mission
The mission of Joy foundation is to provide supports and services to promote autism
awareness, special education, and supportive environment. We hope to enhance the
quality of life of the autistic people with their family members and also protect the
ones who are vulnerable.
Financing
This venture will require a total investment of BDT. 3,00,000. This will be provided by
the four partners equally. This financing will cover land, machineries, factory setup,
office space, office equipments, facilities, advertising & selling costs.
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Executive Summary
This is a project on Joy Foundation. We produce specially designed products that
will help the autistic children. For this business we choose Bangladesh because
currently there are no other companies in Bangladesh that produce products for
autistics kids.
To support our aim, we have done a lot of researches and planning so that later
during production we do not face any issues. Firstly there is the industry analysis
done for this project. There we have shown the various researches and facts on thecompetition we have in Bangladesh. We have also done some analysis on the
economy of Bangladesh on which our project depends a lot.
Then we have a detailed description on our venture which is listed as to be what our
product, starting from its name, size, and so on. Then what services will we be taking
care of, the size of our business which states how vast or small we are going to start
off and then we have also stated about the official equipments that we will be
dealing with and the detailed background about the owners of Joy Foundation.
Later in this project we have also talked about our Production plan which includes in
details about the whole production process, the machineries involved, the techniques
used We have also stated the Operational Plan of our business that basically covers
the internal issues This has also been shown using a detailed flow chart and we
have also mentioned our technological utilization in this process.
Then later we have stated a marketing plan which has the 7Ps of marketing listed as
well as few of the promotional activities we will be undergoing, such as, the initial
impression with aerial marketing, continuing it with promotional strategies.
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Then again we have spoken about the Organizational Plan for Joy Foundation. We
recognized the form of ownership in this business, the identity of the partners, how
we have managed to gather the capital, the principal authorities, how the group
manages to stay together and work in a combined way as well as the individual roles
and responsibilities of each members in details.
Later in this project, there is the risk assessment stated which is associated to this
business. We have stated in depth what are the weakness for this business, its
chances of failure and other problems that may arise due to various other issues
Finally, we have put in our entire financial plan. As that is the most important issue in
this project. We have clearly stated our financial statements including the Pro-forma
Income Statement, the cash flow, pro forma balance sheet and well as all the
sources and usage of the fund in this business.
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INDUSTRY ANALYSIS
Selected Industry
The Joy foundation operates in two ways. Primarily, we are a non-profit making
school for autistic kids in our country. We also sell products that are specially
designed for people with autism. This is our other means of operation which is
performed with profit motive.The mission of Joy foundation is to provide supports
and services to promote autism awareness, special education, and supportive
environment. We hope to enhance the quality of life of the autistic people with their
family members and also protect the ones who are vulnerable. We dream that one
day they will become active, contributing and fulfilled members of our
community.We also want autistic people to be independent. This they can be with
the help our products which are specially designed for them.
Overview of the Industry
Only a few numbers of schools with limited facilities have been established for kids
with autism in Bangladesh. This was clearly inadequate in this country where a huge
number of children affected by autism. Reportedly, learning and training methods
were not sophisticated and advanced in those schools. Furthermore, trainers were
not skilled adequately with latest IT facilities. Name of some of these schools are
Autistic Childrens Welfare Foundation, Society for the Welfare of Autistic Children
and Autism Welfare Foundation. But we believe that every child has a right to
education. We realized that the general education system in Bangladesh does notmeet the needs of disabled children, especially the ones with autism. We also
realized that not many firms sell specialized products for autistic people. So, with the
motive of social welfare and sighting an unsaturated market for autism products, we
launched the operations of Joy foundation.
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PESTLE Analysis
Political, Legal and Environmental Factors
District Disability Welfare Committees have been established in most districts and
District Action Plans were developed by the orders of the Bangladesh Government.
The ministry of Social Welfare holds the responsibility for disability and moreover
The National Forum of Organizations working with the autistic students is an
umbrella for a school like ours. International organizations and donors have been
inclined to support disability activities and hence time to time we have been receiving
generous funds from them as a part of their CSR activity. As a not for profit
organization Antitrust regulations are not applicable for us. Apart from the private
universities tax is not charged on the earnings of any educational institutes as per
Bangladesh Tax laws.
Economic Factors
Indicator Name 2006 2007 2008 2009 2010 2011 (est.)
GDP (in %real change P.A) 6 6.4 6.2 5.7 6 6.7
Source: The official website of Asian Development Bank,www.adb.org
Bangladesh economy performed well in the fiscal year of 2011, after exports
recovered and domestic consumption increased through a surge in credit.
Agriculture, industry, and the services sectors each played an important role in
contributing to GDP growth. Agriculture recorded high growth for the second
5
5.5
6
6.5
7
2006 2007 2008 2009 2010 2011 (est.)
GDP (in %real change P.A)
GDP (in %real
change P.A)
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successive year, as all major crops performed better than expected with the
governments continued policy support and favorable weather conditions. Poultry
and livestock subsectors also contributed to agriculture growth. Manufacturing grew
robustly, with stronger exports and domestic demand, and the governments efforts
to improve power supply. Construction and housing activities also did well. The
services sector growth was supported by the higher growth in agriculture and
industry.
Source:http://www.tradingeconomics.com/bangladesh/inflation-cpi
The inflationary situation in Bangladesh is on the rising trend, especially since
August 2009, primarily owing to the soaring increase in food prices. The current rate
of rise in inflationary pressure suggests that the rate of general inflation might reachto 10.71 percent by the end of this fiscal year. But the chart shows that it has already
crossed 10.71 and now touching almost at 11.29. It is found that from August 2009
to June 2010, the food inflation has risen by 5.7 percent whereas GDP growth rate
has fallen by 0.1 percent, indicating that the purchasing power of the people shrunk
drastically.
http://www.tradingeconomics.com/bangladesh/inflation-cpihttp://www.tradingeconomics.com/bangladesh/inflation-cpihttp://www.tradingeconomics.com/bangladesh/inflation-cpihttp://www.tradingeconomics.com/bangladesh/inflation-cpi -
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Despite this increase in the real GDP and supposedly increase in standard of living
the number of autistic people has grown. According to the Ministry of welfare the
number of autistic population in Bangladesh is as high as 1.4 million and that 1 out of
every 500 children has autism.
Social Factors
Autism and poverty cause and reinforce each other. Poor nutrition, dangerous
working and living conditions, inadequate access to health care facilities, poor
hygiene, and bad sanitation, limited information about the causes of impairment and
natural disasters have created disabilities in Bangladesh. Among these 50% are
preventable. Disability, particularly of the head of household, exacerbates poverty of
the whole family due to increased expenses, lack of income from the lack of
opportunities due to social exclusion. According to the official website of World Bank
15-20% of the poor in Bangladesh is disabled. According to IMPACT Foundation
Bangladesh, 61% of people with disabilities lived in households of 0.5-2.99 acres
and 19% in households with more than 3 acres in land. We believed that this
growing number of autistic population needs to be supported and promoted in course
of living their lives. Hence we set up our school for autistic students and provided
them with updated tools to make their lives easy.
Technological Factors
This government have not stayed away to spend behind autistic population.
Numbers of community clinics were set up to help train and screen out the
healthcare providers. Such clinics also train parents and the caregivers which is so
very vital. The IT infrastructure has developed significantly as both web-based
training and physical training in remote villages. Another milestone was reached
when the Global Autism Public Health (GAPH) initiative was launched. It is a
research based global organization which is an initiative by the Autism Speaks to
form global partnerships and learn from one another.
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The Porters Five Forces Analysis (on the basis of selling autism products)
Bargaining power of Suppliers
As we are the new entrant in the market with the autism products we will have the
beginners advantage. Because we will have no competition we will have a
bargaining power over our suppliers. Suppliers will have no one but us to supply their
products. On the other hand we will be new in business, the industry will be new. As
a result, suppliers will also be few. So, bargaining power for the both sides will be
moderate.
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ABELLs Framework
Abells framework proposes that business can be defined by using three dimensions.
Three dimensions are customer groups, customer needs and distinctive
competencies.
Customer groups (Who we're going to serve),
Customer needs (What customer need we're attempting to meet), and
Technology or Distinctive competencies (How we're going to meet that need).
This approach strongly stresses understanding customers and not on an industry
and its products or services. Based on these three dimensions, Abell's framework
proposed that a business could be defined by its competitive and by the extent of
competitive differentiation of its product/service offerings. Abell's framework limits the
business definition framework as a widely used and general approach to describing
organizations' competitive strategies.
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Our product is produced primarily to serve the autisticsegment of people in our
country. But we are planning to export our product in the near future to foreign
countries as well.
Customer groups
Customers groups mean whom we are going to serve. We are basically concerned
with the people in our country .The autistic children from all over this country are our
customers. We are planning to target all market segments in the whole everywhere
in Bangladesh. Autism products are not that much available in our country, most of
them are brought from other countries. So therefore taking such an initiative andthen producing products in our country will be a great help for the people.
Customers need
Customers need means problems that customer intend to solve with purchase of a
good or service. Knowing and understanding customer needs is at the center of
every successful business, whether it sells directly to individuals or other businesses.
There are six needs of customers .They are friendliness, understanding and
empathy, fairness, control, opinion leadership and information. The main reason of
producing autism products is that products can be available in the local market. The
actual need that we are trying to meet is that we are producing product and selling
them at lower price. The products are available at the local market in a very
reasonable for which the customers are benefited and can buy easily. People can
buy our products at a very affordable price.
Distinctive Competencies
Distinctive competencies means how are customer needs are satisfied. We have to
ensure that our products are quality products and safe products. Customers can
easily buy them at very affordable price. We will also ensure that our products are
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available at all local markets. We have a fixed budget for our products and also if our
budget does not expectation then we will take loan from renowned banks.
How can we fulfill the needs of the customers?
To fulfill the needs of the customers we will take some steps .These steps will fulfill
the customer needs. They are given below:-
We will provide the customers with best quality products
The products will be available at a very low cost.
The products will be available at all local markets so that the customer can
find it easily.
We will also try to export our products in other countries in order get brand
recognition.
As a new company we will make sure that our products are best in terms of
quality.
The products will be ISO certified so that we can proof that our products are
safe to use.
How our organization can fulfill the needs of customers?
As an organization we need to fulfill the needs of the customers. In order to do that
we have taken some steps which will help us to meet the customer needs as an
organization. They are given below:-
Ensuring the best quality products.
Ensuring the product is safe to use, in order to do that the products will be
ISO certified.
Targeting all market segments the products will be available.
Exporting the products in order to have brand recognition.
Lot of promotional activity will be performed so that it will be increase brand
value.
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CSR (Corporate Social Responsibilities) activities will also be performed.
Example- Seminars, T-shirts, campaign etc.
SWOT ANALYSIS:
Strengths:
Less number of institutes to provide education to the autistic children.
No professional companies are manufacturing products that will help the
autistic kids in Bangladesh.
International certificates from World Autistic Forum.
Collaboration with various autistic schools from abroad.
Excellent product manufacturing plant.
The freedom we have to vary this program to meet autistic childs needs,
moods and interests. In public school, they would attempt to adapt curriculum
to meet his needs are at least give it lip service. At autistic school if something
isn't working we can change it right away.
Highly qualified and well trained instructors.
A variety of styles colors and sizes to choose from.
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Weaknesses:
Lack of flexibility because of vast range of services.
People mostly rely on products which are not up to the quality but cheap.
Parents are not enough aware about the education of the autistic child.
Lack of experience.
Opportunities:
The opportunity to work one-on-one or one-on-two.
The opportunity to integrate what we cover in all of life.
The privilege of exposing him to God's Word and works on a daily basis.
No companies are producing quality equipment.
People prefer more on quality product.
Easy to finance
Availability of trainer
Threats:
No barrier to entry
A lot of companies are trying to get involved in this industry.
Presence of a lot of companies who are not producing quality products but
cheap.
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Indirect Operation
Material Handling= 2 workers
Warehouse= 2 workers
Receiving= 2 workers
Maintenance= 3 workers
Total Indirect worker per shift= 9 workers
Total manufacturing workers per shift for toy car= 17 workers
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Receiving
Warehouse
Physical Plant Layout of Joy scoot and scoop car
AdminBuilding
ConferenceRoom Senior
Executives
SecurityControlRoom
JuniorExecutives
Managersoffice Cafeteria
Packaging Parts
Decal
Assembling
Decal
Printing
Metal
Cutting
Plastic
Trim
Assm.
Tire
Sub
Assm.
Tire
Molding
Wheel
Stamping
Shipping
Warehouse
Packaging
Wrapping
Injection
Module
Final
Assem.
Receiving
Shipping
Dhaka
Chittagong Road
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O P E R A T I O N A L P L A N :
Description of companys operation:
We will deliver our product of JOY Foundation directly to the distributor. Therefore we would
have straight deals with several distributors. Our production is directly depended on the
orders we receive. While completing our operations the core things to be considered are:
Do we have enough financial backup to support the orders?
Are their sufficient raw materials available or not?
Whether the suppliers are ready to provide adequate materials or not?
How much time is needed to finish production & deliver the order?
The costs and pricings negotiation are two big factors.
Negotiation with the retailers might also play a vital role.
These factors would directly affect our production process and order completion course. We
have to allocate each resource much efficiently to each sector. Efficiency and effectiveness
are two key points we must consider and grant proper attention to. A healthy relation with
our distributers and the retailers would be the key to success.
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Operational Flow chart:
Start
Receive orders
from the retailers
Check the inventory
whether enough itemis available or not?
NO
NO
YES
YES
Check how much time is
needed to complete the
process & whether the
retailer still wants the
deal or not?
Drop the order
Complete
production
Quality check
Packaging
Load for Shipping
Handover to
Retailer
End
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Play Equipment
Due to the need to seek sensory input, some autistic children feel the need for movement
and motion. Swings and other indoor play equipment, such as tunnels and ball pits, can help
keep the autistic child grounded and focused. Many therapy centers and special needs
classrooms have these items for the children to use on a daily basis.
Pads
Potty training is especially difficult for some autistic children due to sensory processing
issues. Because of this, incontinence pads allow children to wear underwear even if they are
having accidents.
Feeding Equipment
Children with autism may need help feeding themselves and eating. Weighted forks, spoons
and knives, silverware with large handles, and hard plastic straws, can help autistic children
eat by themselves.
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Marketing Plan
Marketing plan is setting objectives for the organization. To extend marketing plan outlines
the specific actions you intend to carry out to interest potential customers and clients in your
product and/or service and persuade consumers to buy the product and service. Product
specific, market specific or company-wide plan that describes activities involved in achieving
specific marketing objectives within a set timeframe. A market plan begins with the
identification (through market research) of specific customer needs and how the firm intends
to fulfill them while generating an acceptable level ofreturn.
Objectives:-
Marketing plan is the outline of the organizations goals which are important to operate the
business. All marketing plan begins with comprehensive understanding of the goals of the
company. This helps to achieve success in the future. Marketing efforts should fully support
these objectives and every marketing strategy. As a organization Joy Foundation also has
its own objectives.
First year objective: - Since our products and services are totally new in the market, we are
expecting a loss. So for the first year we are assuming that there will be a loss.
Second year objective: - Since our organization started and completed one yeah so at the
end of the second year we will try to reach the breakeven point. In order to avoid loss we
hope that we will reach the breakeven point in the end of second year.
Third year objectives:-Our organization has completed its two years in the market so from
the third year we are expecting 20% - 30% profits from our sales, campaigns and other
marketing activates.
Fourth year objective:-In the fourth year we hope that there will be a stable market. Our
products and services will have popularity and demand resulting in maximum profit.
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Fifth year objective:-Expecting we will have a stable market in the fifth year also. Hope to
continue with a stable market and extend our business if necessary.
These objectives are very important in order to have brand recognition and to achieve a
good position in the competitive market. We will invest heavily in order to have a distinctive
image of Joy foundation. We will also measure awareness and response so that we can
change our marketing efforts if necessary. To run the business properly and perfectly these
objectives and goals are important.
Target Markets:-
Our products and services are mainly designed for the autistic people. Our primary target
consumer is middle to upper income classes. We are also targeting the mass people.
Because autism is a disease that can happen to anyone. So our secondary target market is
the mass people. In order to make our products available to the mass people we will set our
product prices in a affordable amount.
Positioning:-
We are positioning our Joy foundation organization as the most unique business in the
country because there is not any other autism products business in the country. Our
organization mainly focuses on selling the products in different locations and ensuring the
best product quality in the market.
Marketing Mix:-
There are 7ps of marketing mix. The marketing mix is the combination of marketing activities
that an organization engages in so as to best meet the needs of its targeted market.
Traditionally the marketing mix consisted of just 4Ps.Extending version now consists of 7ps.
It is essential to balance the 4Ps or the 7Ps of the marketing mix. Marketing professionals
and specialist use many tactics to attract and retain their customers. The 7ps of Marketing
mix are:-
Product
Price
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Price:-
Since we are new in business we will be following the skimming policy for the pricing of our
products. Because in order to reach the breakeven point within 2 years we need to set a
high price of the products in the beginning .After reaching the breakeven point we willchange our product price, making the product price low and cheap. As we said before our
products will be also available for the mass people as well since autism may occur to anyone
to everyone. Later we will charge lower prices for our products.
Place:-
Place refers to the place where the customers can buy the product and how the product
reaches out to that place. Place is also known as distribution. Distribution also means getting
the products to the customers. One of the most important issues of an business is to locate
its perfect location in order to reach its customers easily. Joy foundation will also give its full
priority to establish its office and branches , keeping in mind of the customers need and
demands. The issues we are concentrating for selecting our office are given below.-
The place should be convenient .One of the most important issue regarding
selecting the place.
Safe location .Safety is one of the most well concerned issue of an
organizations employees and customers.
Need to check whether the location is permitted by the government for
business purposes.
Facility requirements are also important. Example- power supply, water
supply etc.
After 2 or 3 years extending the business. Example Opening branches in
different location of the country.
These above issues are important for selecting the ideal place for business organizations
office and its branches.
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Our organization will have very skilled employees who will work in our production work and
for the better management we will provide managers or sub-ordinates that will have distinct
supervision of the work process. We will ensure all the employees are working efficiently in
order to get better performance in the production making process. In our organization we will
have skilled doctors who are specialized for the treatment of autistic patients. In our product
making process we mainly import raw materials from outside. Our organization will provide
24 hours service for the consumers.
Physical (Evidence):-
Physical (evidence) is the experience of using a product or service. When a service goes out
to the customer, it is essential that the customers are getting good quality product and
service. In other words we can say getting feedback from the people. Joy foundation will like
to seek some feedback from the customers in order to get the idea what actually they need.
For example
Online survey through questionnaire.
Word of mouth
Feedback from peoples
Seeking knowledge about what people wants and needs.
How are products and services helping the autistic people to improve their
condition?
Control:- Ensuring better service is our main goal . To maintain better service and providing
customers with better service we need to give more emphasis in all the sectors as much as
possible. To make a better future for the autistic and handicapped people we are very much
concern. For the well being of them we will try our best to extend our service.
Every autistic child will have proper care in our organization with proper
supervision of the doctors and teachers
We will provide 24 hours stand by doctors for emergency purpose.
We will make sure the autistic kids treated as normal people in the society,
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In order to improve their condition we will provide those better education, training
and quality autism products.
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O r g a n i z a t i o n a l P l a n
Form of Ownership:
We have a shareholder procedure of ownership. All the four members of us have 25% share
for each. The business will be owned by five of us and the agreement will be done as
partnership because we are very few people and we cant establish our company as a plc.
All of us will invest equal amount of money in the business and the names of the owners and
the percentage of share they are holding are-
Sharafat Halim- 25%
Rifat Khan- 25%
Nabil Mustakim Khan- 25%
Tasrif Khaled- 25%
As shareholders we all share our EAT at equal percentage of money and we have a
contract among us that we have to be liable to all the procedures of the business and we all
have agreed and signed that we will respect the terms and conditions.
Management team Background:
Fresh BBA graduates will be running this company .This will be very effective since even
though, new graduates have very little or at times no experience at all, they are still known to
be very passionate and highly motivated to work, and make this world a better place to live
in hence, contributing greatly into doing this kind of business. Moreover technology, society,
and occupation are all changing at prompt speeds, but businesses are not keeping pace.
When these emerging trends work together, they call for a new kind of business, one that is
distributed, collaborative, agile and better positioned to succeed.
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Roles and Responsibilities of members of organization:
All the members of different sectors of the organization will be responsible for their
respective sector. For example the HR manager will be responsible for hiring new personnel
for the organization. Whereas, the marketing manager will be responsible for promoting and
advertising the product and the production manger will be responsible for the production
procedure. All the managers will be liable to the chief executive officer (CEO) of the
organization
Management team:
In order to run our organization we will be requiring the following personnel:-
Position Number of people
Chief Executives 1
Managers 5
Administration 5
Security guard 3
Peon 3
Driver 3
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Assessment of Risk
Weaknesses of Organization:-
Each and every business organization has some weaknesses. It may be due to lack
of resources and other competitor issues. In order to assess the feasibility of the
business we have take into consideration about all the possible risks that are
involved in the business. Assuming the risk is one of the major concerns of a
business. Since our business is a totally new concept in the market so therefore we
have to assess the feasibility of the business for all the possible risks that are
involved. For earning profits and benefits in future we need to sort out the
weaknesses and take necessary steps to cope up with those weaknesses.
Weaknesses of Joy Foundation are given below:
Totally new business: - As a starter our organization is totally new in the
business. There are no other autism product business in our country .Since
our business is totally new therefore we are assuming there might risk of
having loss. Lack of experience:-Our business is totally new so therefore we dont have
much experience about it and doing business like autism products in our
country it will take time to get into peoples mind.
Limited target market: - As we are dealing with autism products so therefore
our target market is very limited. We are targeting those people who have
relatives or children suffering from autism.
Insufficient instrumentSince our organization is totally new so we dont havesufficient autism based products. We are importing it from outside, in near
future we hope to launch our own made products for autistic people.
Lack of Dedication Since this business is new and dealing with autistic
people is not that easy. Taking care of autistic children and running a autistic
foundation really needs people who have patience and dedication. Since the
business we are struggling to find dedicated and committed persons who will
work under our organization.
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New technologies:-
Technological risks will present themselves with the arrival and adoption of new
technology in the world. In each country technology plays a big role in their
economy. Specially in the organizations technology is very much important. The
world has thrived on industrialization and technology has been embraced by the
leading firms and it promotes greater efficiency and productivity. In this era of
industrialization Bangladesh is still far behind when it comes to implementing
technology. On technological issues our country is still behind other developedcountries.
Keeping this in mind Joy Foundation is very much aware of the changing
technological environment. To keep rhythm with current situation the organization is
doing its best to improve and cope up with the current changing technological
environment. Although our organization is not fully technological concerned but still
we are giving it full priority. Specially to look after autistic kids we have surveillance
cameras in the organization so that we can keep safety and security efficiently. We
use bar code scanners for our keeping records of our products which are distributed
or which are imported.
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Contingency plan:-
Contingency plan means a plan designed to take a possible future event or
circumstance into account. A contingency plan is a plan devised for an exceptional
risk that, though unlikely, would have catastrophic consequences. In other words we
can say Plan B. Contingency planning is a systematic approach to identifying what
can go wrong in a situation. Contingencies are relevant events anticipated by a
planner, including low-probability events that would have major impacts.
Joy Foundation also has its own contingency plan for future. The organization is
taking insurance because as we all know the future is uncertain; to cope up with any
future damages or loss insurance is must. An insurance policy should be made for
the organization so that any type loss or damage will be prevented. We are also
planning for extending our business .Opening different branches in different locations
in the capital. If possible we will extend our business to outside Dhaka. We are also
some international seminars, CSR etc for encouraging our countries people to
support us in our business as well wishers.
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Financial Assumptions
1. It was assumed that the monthly salaries, wages, utilities and all other
expenses are constant. These costs are assumed to remain constant for the
rest of the year.
2. Tax rate was considered to be a flat 20% on the profit made by the business.
3. The market price prevailing in the economy of all the capital equipment and
tools were considered while valuating them and were also assumed to remain
constant for the rest of the year.
4. The business is considered to have a separate entity rather than having an
entity collaborated with the owners of the business.
5. The share of capital is assumed to be constant at a total of Tk. 3 million which
would be equally provided by the 4 owners.
6. Investments are made equally over the 5 consecutive years.
7. The business is assumed to continue for indefinite period of time.
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Details Jan. Feb. Mar. Apr. May. June July Aug. Sept. Oct. Nov. Dec. Total
S al es 1 20 00 0. 00 1 000 00 .00 9 08 00. 00 1 60 000 .0 0 18 00 00 .0 0 1 50 00 0. 00 16 000 0. 00 1 450 00 .0 0 1 52 00 0. 00 1 90 00 0. 00 1 54 000 .0 0 15 30 00 .0 0 1754800.00less: COGS 56000.00 78000.00 92000.00 96000.00 94000.00 52000.00 82000.00 62000.00 68000.00 62000.00 92000.00 90000.00 924000.00
Gross Profit 6 40 00 .0 0 2 20 00 .0 0 -12 00 .0 0 6 40 00 .0 0 8 60 00. 00 9 800 0. 00 7 80 00 .00 8 30 00 .0 0 8 40 00. 00 1 28 00 0. 00 6 20 00 .0 0 6 300 0. 00 830800.00
Operating Expenses:
Wages 2500.00 2500.00 2500.00 2500.00 2500.00 2500.00 2500.00 2500.00 2500.00 2500.00 2500.00 2500.00 30000.00
Rent 35000.00 35000.00 35000.00 35000.00 35000.00 3 5000.00 35000.00 35000.00 35000.00 35000.00 35000.00 35000.00 420000.00
Utilities 15000.00 15000.00 15000.00 1 5000.00 1 5000.00 1 5000.00 1 5000.00 15000.00 15000.00 15000.00 15000.00 15000.00 180000.00
Advertisement 6000.00 6000.00 5000.00 5000.00 5000.00 6000.00 7500.00 6000.00 3000.00 3000.00 3000.00 3000.00 58500.00
Sales expenses 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 63600.00
Salaries of t he e mployees 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 60000.00
S al ari es o f the emp loy er s 1 40 00 .0 0 1 40 00 .0 0 1 40 00. 00 1 40 00 .0 0 1 40 00. 00 1 400 0. 00 1 40 00 .00 1 40 00 .0 0 1 40 00. 00 1 40 00 .0 0 1 40 00 .0 0 1 400 0. 00 168000.00
Insurance 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 84000.00
Payroll taxes 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 36000.00
Depreciation 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 72000.00
E xp en ses o f fac to ry bu il din g 3 00 00 .0 0 3 50 00 .0 0 3 00 00. 00 2 50 00 .0 0 3 80 00. 00 3 000 0. 00 3 00 00 .00 3 50 00 .0 0 3 50 00. 00 3 00 00 .0 0 3 50 00 .0 0 3 500 0. 00 388000.00
E xp en ses o f o ff ice 1 50 00 .0 0 1 80 00 .0 0 1 60 00. 00 1 70 00 .0 0 1 60 00. 00 1 500 0. 00 1 40 00 .00 1 60 00 .0 0 1 70 00. 00 1 70 00 .0 0 1 60 00 .0 0 1 500 0. 00 192000.00
Total operating expenses 143800.00 151800.00 143800.00 139800.00 151800.00 143800.00 144300.00 149800.00 147800.00 142800.00 146800.00 145800.00 1752100.00
Profit/ Loss before taxes -79800.00 -129800.00 -145000.00 -75800.00 -65800.00 -45800.00 -66300.00 -66800.00 -63800.00 -14800.00 -84800.00 -82800.00 -921300.00
Less: Taxes 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Profit/Loss -79800.00 -129800.00 -145000.00 -75800.00 -65800.00 -45800.00 -66300.00 -66800.00 -63800.00 -14800.00 -84800.00 -82800.00 -921300.00
Income Statement for the year 2013 by 12 Months
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Details Jan. Feb. Mar. Apr. May. June July Aug. Sept. Oct. Nov. Dec. Total
S al es 3 80 00 0. 00 6 10 00 0. 00 7 21 000 .0 0 6 50 00 0. 00 62 00 00 .00 9 00 00 0. 00 83 20 00 .0 0 5 00 000 .0 0 6 35 00 0.0 0 7 50 00 0. 00 8 00 00 0. 00 8 50 00 0. 00 8248000.00l es s: C OG S 2 80 00 0.00 4 90 00 0.00 5 70 00 0.00 55 00 00 .0 0 5 70 00 0.00 7 90 00 0.00 69 90 00 .0 0 3 50 00 0.00 4 80 00 0.00 4 00 00 0.00 5 00 00 0.00 5 50 00 0.00 6229000.00
Gross Profit 100000.00 120000.00 151000.00 100000.00 50000.00 110000.00 133000.00 150000.00 155000.00 350000.00 300000.00 300000.00 2019000.00
Operating Expenses:
Wages 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 48000.00
Rent 40000.00 40000.00 40000.00 40000.00 40000.00 4 0000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 300000.00
Utilities 11000.00 11000.00 11000.00 11000.00 1 1000.00 1 1000.00 1 1000.00 11000.00 11000.00 11000.00 11000.00 110000.00 231000.00
Advertisement 3000.00 2000.00 2000.00 2000.00 2000.00 2000.00 1000.00 1000.00 1000.00 1000.00 1000.00 1000.00 19000.00
Sales expenses 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 5300.00 63600.00
Salaries of the employees 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 72000.00
S al ar ies o f t he em pl oye rs 1 50 00 .0 0 1 50 00 .0 0 1 500 0. 00 1 50 00 .0 0 1 50 00 .0 0 1 50 00 .0 0 1 50 00. 00 1 50 00 .0 0 1 50 00. 00 1 50 00 .0 0 1 50 00 .0 0 1 50 00 .0 0 180000.00
Insurance 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 84000.00
Payroll taxes 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 36000.00
Depreciation 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 72000.00
E xp en se s o f f acto ry b ui ld in g 4 50 00 .0 0 4 00 00 .0 0 4 50 00 .0 0 4 80 00 .0 0 4 50 00 .0 0 4 00 00 .0 0 4 50 00 .0 0 3 80 00 .0 0 3 80 00 .0 0 4 50 00 .0 0 3 50 00 .0 0 3 50 00 .0 0 499000.00
E xp en se s o f o ffi ce 2 00 00 .0 0 2 00 00 .0 0 2 500 0. 00 2 10 00 .0 0 2 30 00 .0 0 2 40 00 .0 0 2 30 00. 00 2 10 00 .0 0 2 10 00. 00 2 20 00 .0 0 2 30 00 .0 0 2 40 00 .0 0 267000.00
Total operating expenses 165300.00 159300.00 169300.00 168300.00 167300.00 163300.00 166300.00 157300.00 157300.00 165300.00 156300.00 256300.00 2051600.00
Profit/ Loss before taxes - 65 30 0.00 - 39 30 0.00 - 18 30 0.00 - 68 30 0.00 - 11 73 00 .0 0 - 53 30 0.00 - 33 30 0.00 - 73 00 .0 0 - 23 00 .0 0 1 84 70 0.00 1 43 70 0.00 4 37 00 .0 0 -32600.00Less: Taxes 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 36940.00 28740.00 8740.00 74420.00
Net Profit/Loss - 65 30 0.00 - 39 30 0.00 - 18 30 0.00 - 68 30 0.00 - 11 73 00 .0 0 - 53 30 0.00 - 33 30 0.00 - 73 00 .0 0 - 23 00 .0 0 1 47 76 0.00 1 14 96 0.00 3 49 60 .0 0 -107020.00
Income Statement For the year 2015 By 12 Months
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January February March April May June July August September October November December TOTAL
Cash receiptSales 40000.00 55000.00 88000.00 70000.00 90000.00 115000.00 95000.00 100000.00 120000.00 135000.00 145000.00 160000.00 1213000.00
Others 5000.00 5000.00 8000.00 7000.00 8500.00 10000.00 8500.00 5000.00 5000.00 6000.00 10000.00 11000.00 89000.00
Total cash receipt 4 50 00 .0 0 6 00 00 .0 0 9 60 00 .0 0 7 70 00 .0 0 9 85 00 .0 0 1 25 00 0. 00 1 03 50 0. 00 1 05 00 0. 00 1 25 00 0. 00 1 41 00 0. 00 1 55 00 0. 00 1 71 00 0. 00 1 30 20 00 .0 0
Cash disbursement:
Salaries of the employers 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 120000.00
Salaries of the employees 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 36000.00
COSG 65000.00 40000.00 65000.00 45000.00 77000.00 50000.00 66000.00 65000.00 40000.00 65000.00 85000.00 100000.00 165000.00
Rent 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 300000.00
Wages 1000.00 1000.00 1000.00 1500.00 1500.00 1500.00 1500.00 1500.00 1500.00 1500.00 1500.00 1500.00 16500.00
Advertisement 10000.00 10000.00 10000.00 7000.00 6000.00 6000.00 7500.00 6000.00 5000.00 4000.00 3000.00 3000.00 77500.00
Utilities 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 180000.00
Sales expenses 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 60000.00
Depreciation 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 6000.00 72000.00
Insurance 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 84000.00
Payroll taxes 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 36000.00Expenses of office 15000.00 18000.00 16000.00 17000.00 16000.00 15000.00 14000.00 16000.00 17000.00 17000.00 16000.00 15000.00 192000.00
Expenses of factory building 2 5000. 00 30 000. 00 32 000. 00 330 00. 00 280 00. 00 2700 0.0 0 3000 0.00 3500 0.00 35000 .00 3 0000 .00 3 5000. 00 35 000. 00 37500 0.0 0
Debt service
Total cash disbursement 177000.00 160000.00 185000.00 164500.00 189500.00 160500.00 180000.00 184500.00 159500.00 178500.00 201500.00 215500.00 1558000.00
Net cash flow 132000.00 100000.00 89000.00 87500.00 91000.00 35500.00 76500.00 79500.00 34500.00 37500.00 46500.00 44500.00 2860000.00
CASHFLOW STATEMENT FOR THE YEAR 2012
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January February March April May June July August September October November December TOTAL
Cash receipt
Sales 700000.00 5 00000.00 7 00000.00 9 50000.00 85000.00 8 50000.00 1 05000.00 1 15000.00 1 25000.00 1400000.00 1300000.00 1 45000.00 6975000.00
Others 50000.00 10000.00 20000.00 50000.00 3000.00 20000.00 30000.00 2500.00 30000.00 15000.00 20000.00 10000.00 260500.00
Total cash receipt 750000.00 510000.00 720000.00 1000000.00 88000.00 870000.00 135000.00 117500.00 155000.00 1415000.00 1320000.00 155000.00 7235500.00
Cash disbursement: 0.00
Salaries of the employers 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 10000.00 120000.00
Salaries of the employees 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 36000.00
COSG 600000.00 45000.00 500000.00 250000.00 48000.00 680000.00 57000.00 65000.00 80000.00 700000.00 70000.00 80000.00 3175000.00
Rent 20000.00 20000.00 20000.00 20000.00 20000.00 20000.00 20000.00 20000.00 20000.00 20000.00 20000.00 20000.00 240000.00
Wages 1000.00 1000.00 1000.00 1000.00 1000.00 1000.00 1000.00 1000.00 1000.00 1000.00 1000.00 1000.00 12000.00
Advertisement 6000.00 6000.00 6000.00 5000.00 5000.00 5000.00 6500.00 6500.00 40000.00 55000.00 10000.00 3500.00 154500.00
Utilities 14000.00 14000.00 14000.00 14000.00 14000.00 14000.00 14000.00 14000.00 14000.00 14000.00 14000.00 14000.00 168000.00
Sales expenses 3900.00 3900.00 3900.00 3900.00 3900.00 3900.00 3900.00 3900.00 3900.00 3900.00 3900.00 3900.00 46800.00
Depreciation 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 70000.00 70000.00 70000.00 273000.00
Insurance 8000.00 8000.00 8000.00 8000.00 8000.00 8000.00 8000.00 8000.00 8000.00 8000.00 8000.00 8000.00 96000.00
Payroll taxes 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 600000.00Expenses of office 13000.00 17000.00 14000.00 15000.00 16000.00 15000.00 12000.00 14000.00 14000.00 15000.00 14000.00 13000.00 172000.00
Expenses of factory bui lding 200000.00 20000.00 20000.00 25000.00 18000.00 20000.00 20000.00 15000.00 25000.00 20000.00 20000.00 20000.00 423000.00
Total cash disbursement 922900.00 191900.00 643900.00 398900.00 190900.00 823900.00 199400.00 204400.00 262900.00 956900.00 280900.00 283400.00 5360300.00
Net cash flow 172900.00 -318100.00 -76100.00 -601100.00 102900.00 -46100.00 64400.00 86900.00 107900.00 -458100.00 -1039100.00 128400.00 1672900.00
CASHFLOW STATEMENT FOR THE YEAR 2013
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January February March April May June July August September October November December TOTAL
Cash receipt:
Sales 350000.00 350000.00 300000.00 250000.00 500000.00 550000.00 450000.00 400000.00 600000.00 700000.00 700000.00 650000.00 5800000.00
Others 3500.00 2000.00 2000.00 1500.00 2000.00 1500.00 2000.00 2000.00 1500.00 1500.00 2000.00 2000.00 23500.00
Total cash receipt 353500.00 352000.00 302000.00 251500.00 502000.00 551500.00 452000.00 402000.00 601500.00 701500.00 702000.00 652000.00 5823500.00
Cash disbursement :
Salaries of the employers 12000.00 12000.00 12000.00 12000.00 12000.00 12000.00 12000.00 12000.00 12000.00 12000.00 12000.00 12000.00 144000.00
Salaries of the employees 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 4200.00 4200.00 4200.00 4200.00 4200.00 4200.00 49200.00
COSG 80000.00 100000.00 150000.00 200000.00 200000.00 400000.00 150000.00 250000.00 300000.00 300000.00 400000.00 450000.00 2980000.00
Rent 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 25000.00 300000.00
Wages 1800.00 1800.00 1800.00 1800.00 1800.00 1800.00 2500.00 2500.00 2500.00 2500.00 2500.00 2500.00 25800.00
Advertisement 3000.00 2000.00 2000.00 1000.00 2000.00 2000.00 3000.00 1000.00 2000.00 3000.00 1000.00 1000.00 23000.00
Utilities 11000.00 11000.00 11000.00 11000.00 11000.00 11000.00 11000.00 11000.00 11000.00 11000.00 11000.00 110000.00 231000.00
Sales expenses 4800.00 4800.00 4800.00 4800.00 4800.00 4800.00 4800.00 4800.00 4800.00 4800.00 4800.00 4800.00 57600.00
Depreciation 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 5000.00 60000.00
Insurance 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 600000.00
Payroll taxes 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 4000.00 48000.00Expenses of office 20000.00 20000.00 25000.00 25000.00 23000.00 24000.00 23000.00 21000.00 20000.00 22000.00 24000.00 24000.00 271000.00
Expenses of factory bui lding 45000.00 45000.00 45000.00 48000.00 45000.00 38000.00 45000.00 38000.00 38000.00 35000.00 35000.00 25000.00 482000.00
Total cash disbursement 249600.00 268600.00 323600.00 375600.00 371600.00 565600.00 323300.00 412300.00 462300.00 462300.00 562300.00 701300.00 5078400.00
Net cash flow 103900.00 83400.00 21600.00 124100.00 130400. 00 14100.00 128700.00 412191.00 139200. 00 239200.00 139700.00 49300.00 745100.00
CASHFLOW STATEMENT FOR THE YEAR 2015
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January February March April May June July August September October November December TOTAL
Cash receipt:
Sales 350000.00 5 00000.00 6 00000.00 5 00000.00 4 00000.00 5 00000.00 6 50000.00 7 00000.00 8 50000.00 6 50000.00 7 00000.00 8 00000.00 7200000.00
Others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total cash receipt 350000.00 500000.00 600000.00 500000.00 400000.00 500000.00 650000.00 700000.00 850000.00 650000.00 700000.00 800000.00 7200000.00
Cash disbursement :
Salaries of the employers 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 180000.00
Salaries of the employees 4500.00 4500.00 4500.00 4500.00 4500.00 4500.00 4500.00 3800.00 3800.00 3600.00 3600.00 3800.00 50100.00
COSG 200000.00 2 50000.00 4 00000.00 2 00000.00 2 50000.00 3 00000.00 4 00000.00 4 00000.00 4 50000.00 3 00000.00 3 00000.00 4 50000.00 3900000.00
Rent 20000.00 20000.00 20000.00 20000.00 25000.00 25000.00 200000.00 25000.00 20000.00 25000.00 25000.00 20000.00 445000.00
Wages 1600.00 1600.00 1600.00 1600.00 1600.00 1600.00 1900.00 1900.00 1900.00 1900.00 1900.00 1900.00 21000.00
Advertisement 2000.00 1500.00 1500.00 15000.00 1500.00 1200.00 0.00 0.00 0.00 1000.00 1000.00 3000.00 27700.00
Utilities 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 15000.00 180000.00
Sales expenses 6500.00 6500.00 6500.00 6500.00 6500.00 5800.00 5800.00 5800.00 5800.00 5800.00 5800.00 5800.00 73100.00
Depreciation 5500.00 5500.00 5500.00 5500.00 5500.00 5500.00 5500.00 5500.00 5500.00 5500.00 5500.00 5500.00 66000.00
Insurance 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 84000.00
Payroll taxes 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 36000.00
Expenses of office 30000.00 32000.00 32000.00 30000.00 30000.00 30000.00 32000.00 32000.00 32000.00 28000.00 32000.00 28000.00 368000.00
Expenses of factory building 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 50000.00 600000.00
Total cash disbursement 340600.00 392100.00 542100.00 353600.00 395100.00 444100.00 720200.00 545200.00 590200.00 442200.00 446200.00 589200.00 5800800.00
Net cash flow -9400.00 107900. 00 57900.00 146400.00 -4900.00 55900.00 70200.00 154800.00 259800. 00 207800.00 253800. 00 210800.00 13000800. 00
PRO FORMA CASHFLOW STATEMENT 2016
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PRO FORMA CASHFLOW STATEMENT 2016year 1 year2 year3 year4 year5
Cash receipt:
Sales 1213000 6975000 4180000 5800000 7200000
Others 89000 260500 20500 23500 0
Total cash receipt 1302000 7235500 4200500 5823500 7200000
Cash disbursement :
Salaries of the employers 120000 120000 132000 144000 180000
Salaries of the employees 36000 36000 42000 49200 50100
COSG 165000 3175000 3115000 2980000 3900000
Rent 300000 240000 36000 300000 445000
Wages 16500 12000 18000 25800 21000
Advertisement 77500 154500 29900 23000 27700
Utilities 180000 168000 144000 231000 180000
Sales expenses 60000 46800 60000 57600 73100
Depreciation 72000 273000 72000 60000 66000
Insurance 84000 96000 72000 600000 84000
Payroll taxes 36000 600000 36000 48000 36000
Expenses of office 192000 172000 177000 271000 368000
Expenses of factory building 375000 423000 342500 482000 600000
Total cash disbursement 1558000 5360300 4102400 5078400 5800800
Net cash flow 2860000 1672900 8302900 745100 13000800
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2012 2013 2014 2015 2016
ASSETS:
Non-current Assets
Property, Plant and Equipment 4,900,000.00 4,900,000.00 4,900,000.00 4,900,000.00 4,900,000.00
Investments 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00
Current Assets:
Inventories 60,000.00 60,000.00 60,000.00 60,000.00 60,000.00
Sundry Debtors 56,000.00 72,000.00 43,000.00 52,000.00 64,000.00
Advances, deposits & prepayments 24,000.00 21,000.00 32,000.00 25,000.00 20,000.00
Cash & Cash Equivalents 32,000.00 12,000.00 41,000.00 40,000.00 34,000.00
TOTAL ASSETS 7,072,000.00 7,065,000.00 7,076,000.00 7,077,000.00 7,078,000.00
SHAREHOLDERS' EQUITY & LIABILITIES
Shareholders' Equity:
Share Capital 3,000,000.00 3,000,000.00 3,000,000.00 3,000,000.00 3,000,000.00
Retained Earnings 430,000.00 432,000.00 450,000.00 500,000.00 300,000.00
Non-current Liabilities:
Long-term Finance - Net Off Current Maturity 102,000.00 53,000.00 14,000.00 22,000.00 358,000.00
Current Liabilities:
Creditors 150,000.00 160,000.00 180,000.00 190,000.00 120,000.00
Accrued Expenses 390,000.00 420,000.00 432,000.00 365,000.00 300,000.00
TOTAL SHAREHOLDERS' EQUITY & LIABILITIES 7,072,000.00 7,065,000.00 7,076,000.00 7,077,000.00 7,078,000.00
Balance Sheet for the year ended 2012-2016
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Appendix
In order to get the feedback of the products offered by our company from thecommon people, we conveyed a survey in which we as 20 random people about our
products which are relatively new in a country like Bangladesh. We believed that this
survey would make us more efficient in course of running our business by
understanding the viewpoints of the general people.
1. According to you what is autism?
a) A disease
b) Mental Disorder
c) An emotional disorder
d) God Gifted
Result: A-3, B- 5, C-1, D- 11.
2. Do you think autistic people should be socially accepted?
0
2
4
6
8
10
12
A B C D
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a) Yes, Because they are human like us.
b) Yes, Because we all are different
c) No, They are threat to the society
d) No. They have complex Personalities and behavior.
Result: A- 10, B-8, C-0, D-2
3. What are autistic products?
a) Products for mentally or physically disabled
b) Toys for autistic children
c) Different learning instrument for autistic people.
d) ABC
Result: A- 15, B-1, C-4, D-0.
A
B
C
D
0
2
4
6
8
10
12
14
16
A B C D
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8. Should Joy foundation extend its business by opening different branches in
different areas of the country?
a) YES
b) NO.
Result: A-17, B-3.
9. Will you suggest people for purchasing our products?
a) Yes. Because your organization is excellent
b) Yes, the products you are selling are for good purpose
c) No because the organization is new
d) No.I dont know any person who has autism problems
Result: A-2, B-11, C-1, D-6
A
B
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10. What do you think of Joy Foundation?
.
Result: Most of the people encouraged us and showed their support in bringing
something so helpful and completely new to the community.
11. Any suggestions:-
Result: Most people suggested us to promote ourselves more frequently and
0 2 4 6 8 10 12
A
B
C
D