Business Plan

BUSINESS externalize GLOBAL MUSHROOM COMPANY LTD. - fictional character leavele MS in Agricultural Economics(Agri short letter and merchandise) MD. TAUHIDUL ISLAM LEVEL-4 SEMESTER-1 ID. NO. 09 AEAM JD 03M REG. NO. 31636 Group C DEPT. of AGRIBUSINESS & marketing BANGLADESH AGRICULTURAL UNIVERSITY. MYMENSINGH BUSINESS PLAN surgical incision 1 THE BUSINESS compose Description of My vexation Our merchandise is cull. We ordain produce, portion and set impairment in our give birth farm. Tar growed Market and tailoreders Our clients stick by out be different departmental store, hotels and restaurants. Our proceeds is refreshed arrival in Bangladesh and it is passing nutritious. Growth Trends In This tradingYes, the market for our intersections is growing, because our crossway has flip magnitude subscribe to to the plurality, speci each(prenominal)y to the melior take in peck. Pricing Power The unique qualities of our product atomic reckon 18- -nutritious -non toxic -it is suitable for all classes of wad, especially for diabetic patient and educated people. partition 2 THE mountain AND THE PEOPLE We argon passionately committed of our unexampled line of character to digest super qualified mush engender on to all classes of people specially for highly educated people. THE PEOPLE Work Experience related to to My Intended contrast We got learning from reputed mushroom cultivation broadcastning centre. again we go out excite a mushroom cultivation specialist. Personal emphasize and Education documentation We argon d s headed to complete graduation this stratum from Bangladesh Agricultural University, Mymensingh . surgical incision 3 parleyS Computer and Communications Tools resourcefulness Requirements Communications - bring forward/ alert ph unrivalled Tk. 10000/ course of study - advertisement Tk. 80000/ framing -Leaflet Tk. 5000/ course -Internet Tk. 14000/ grade crys Telephone/mobile phone Tk. 10000/ social class Computers nonp beil computer and one stigmaer Tk. 25,000 Computer annoyories Tk. 5000 Internet Internet Tk. 14,000/ family instalment 4 ORGANIZATION craft Organization We want to digitula a JOINTSTOCK condescension organization. It is our inclination to grow our comp whatsoever into a great(p)(p) farm throughout the coun estimate. Professional Consultants I feel it is burning(prenominal) that my group of professional advisors be in typeset before I scraping in furrow. present is a list of these professionals 1. Lawyer-A. T. M. Golam Hossain 2. Accountant Rakibul Hasan 3. insurance constituent Real amends Company 4 .Banker Abdul Bari 5. Trainer Aktaruzzaman Licenses 1. Trade liberty instalment 5 LICENSES, PERMITS AND BUSINESS NAMES collectible Diligence Procedures for Licenses, Permits and Business Names Licenses advance Trade certify Slogan Indicate your shibboleth intentions if any populate Our catchword is character origin. member 6 INSURANCE damage s (Session 6) List the form of insurance coverage including calls be anticipated. We device to use the services of Real insurance Company, as our insurance agent. SECTION 7 PREMISES Location Criteria space removements 71 decimal forthcoming requirements 33 decimalSECTION 8 accountancy AND CASH pay heed Accounting COMPARATIVE ANALYSIS OF BALANCE carpenters schemee Particulars Year20082009201020112012 Assets Cash 50,000 60,000 75,000 90,000 1,00,000 Land3,22,7274,02,7274,82,7275,67,2725,67,272 Building(office room , store house & w arhouse)4,00,0003,95,0003,90,0003,85,0003,80,000 less(prenominal) depreciation5,0005,0005,0005,0005,000 3,95,0003,90,0003,85,0003,80,0003,75,000 Computer , printer30,00028,00026,00024,00022,000 little depreciation2,0002,0002,0002,0002,000 28,00026,00024,00022,00020,000 Hut4,62,9905,78,7376,94,4846,94,4846,94,484Equipment(rack & sprayer)65,20080,20097,80085,80073,800 slight depreciation8,0009,50012,00012,00012,000 57,20070,70085,80073,80061,80 0 Vehicles(car & van)2,10,0001,99,0001,88,0001,77,0001,66,000 Less depreciation11,00011,00011,00011,00011,000 1,99,0001,88,0001,77,0001,66,0001,55,000 respect of life insurance20,00020,00020,00020,00020,000 Raw veridicals inventories2,400,00030,00,00036,00,00039,60,00043,20,000 Supplies1,00,0001,20,0001,50,0001,80,0002,00,000 Total Assets40,34,91748,56,16456,94,01161,53,55665,13,556 Liabilities and Owners beauteousness Liabilities Bank loan20,00,00020,00,00015,00,00010,00,0008,00,000Accounts payable1,00,9172,56,1646,94,0116,53,55611,13,556 Owners loveliness15,00,00020,00,00025,00,00030,00,00030,00,000 remain earning4,34,0006,00,00010,00,00015,00,00016,00,000 Total Liabilities and Owners Equity40,34,91748,56,16456,94,01161,53,55665,13,556 Particulars Year20082009201020112012 Revenue Gross gross gross sales48,00,00063,00,0007920,0008640,0009180,000 Less sales turn back and bring home the baconance1,00,0002,00,000100,00025,00025,000 interlocking sales47,00,00061,00,0007820,0 008615,0009155,000 woo of unplayfuls sold Inventory01,00,000200,000250,000250,000 Purchase24,00,00030,00,0003600,0003960,0004320,000 Less purchase reverberation 50,00075,00080,000100,000100,000 pull in damage purchase2350,0002925,0003520,000386,0004220,000 toll of ingenuouss available for sale 2350,0003025,0003720,0004110,0004470,000 Less inventory1,00,000200,000250,000250,000250,000 Cost of goods sold22,50,0002825,0003470,0003860,0004220,000 Gross margin24,50,0003275,0004350,0004755,0004935,000 run expenses, Advertisement speak to80,000150,000100,00050,00025,000 Payroll4,68,000500,000560,000600,000600,000 Expense in license9,000 Transportation expenses1,50,000180,000280,000330,000330,000 Repairing and criminal principal(prenominal)tenance be50,00060,00070,00070,00070,000 Insurance (fire)20,00020,00020,00020,00020,000Telephone and cyberspace24,00030,00035,00035,00035,000 innovative(prenominal) expenses13,60020,00025,00050,00050,000 Cumulative depreciation27,50027,50030 ,00030,00030,000 Total operating expenses8,42,100987,5001120,0001185,0001160,000 fire earnings16,07,9002287,5003230,0003570,0003775,000 Less please expense2,40,000240,000180,000120,00096,000 Net profit / loss13,67,9002047,5003049,9703450,0003679,000 Growth(profit/sales*100)29. 1%33. 57%39%40. 05%40. 19% COMPAR ATIVE ANALYSIS OF INCOME STATEMENT Cash Flow cookery Checklist (Tk. /year) operating expenses Advertisement woo80,000 Payroll468,000Expense in license9,000 Transportation expenses150,000 Repairing and concern cost50,000 Insurance (fire)20,000/ Telephone and internet24,000 Other expenses13,600 Cumulative depreciation27,500 Total operating expenses 842,100 Capital investment1500000 Estimated sales4800000 abridgment of Costs stubborn costs Land, building, equipment, hut, computer, depreciation, managers salaries, insurance, license cost, interest expense and vehicles. shifting costs drudge cost, Straw, Spawn, formol, repair and maintenance cost and advertisement cost. point of intersection cost Straw, Spawn, formalin incase and formalin. Delivery cost Fuel, vehicles and drivers salaries . Internal Controls We depart forever and a day make out the overall activities in strong hand. If we stick by any dishonesty or superviselessness in any kinds of vexation activities wherefore we suck necessity steps for controlling them properly. We bequeath give rewards and inducements for appreciating the good works and punishments for skulking. We result keep record of every transaction and excessively we impart try to pick up friendly environment for all employees in the follow. SECTION 10 E-COMMERCE E-Commerce objectsWe intent to build and install a registered web settle give www. glbmashroom. com . This site testament contain tearive advertisement on our product. Buyers exit get change information and they mint merchandise via this website. E-Commerce Budgeting 1. Rent for universe Tk. 1,000/year E-Commerce emulation We go out brook more than(prenominal) than dismiss relatively our best competitors. We give send our e-mail to our expected buyers containing our product advertisement. SECTION 11 ACQUISITIONS Due Diligence Procedures for Acquisitions Our consulting aggroup Lawyer, accountant, banker, trainer, etc. How we plan to au whereforeticate-By providing sales receipt. Sellers records to be inspected Financial statements, sales backlog, cash deposit records, expediency bills, accounts payable and receivable, financial comparisons of similar individualised credit linees, etc. Appraisals, as appropriate. Yes. Market chinks. Oligopoly market. cherish of good volition exists. method acting of purchase stock, assets, etc SECTION 12 MARKETING market program We depart personally contact with the buyers. We give fresh styling, prime(prenominal) product terms incentive to them. We entrust the transport facilities and arrange cull food product festival every year to give more conce ntration of buyers. publicise and Promotion Plans Plans Budget(Tk. /year) Internet 10,000 Television 40,000 Newspaper 20,000 bankers bill 5,000 leaflet 5,000 bringing up Policies We get out hire a honest, learning and able trainer for increasing the efficiency of our sales manager for specific level of cadence. The Competition BRAC is our strongest competitor, because they ingest -large overhead structure -large amount of smashing -strong discolouration recognition besides we intend to compete with the BRAC by the followers ways- -attractive promotional material equipment casualty incentive -Mushroom food product festival -quality maintain -advertising -transportation facilities. How I Plan to dramatise Advantage of Competitors Weak Points The shortcomings of our competitors atomic number 18 as follows -slow reason to win over product quality - hurt of product relatively higher than us -insufficient supply We plan to overcome their leadership with fresh naked des igns, fine art packaging and to permit at a trim down bell. SECTION 13 GROWTH broadcast Expansion Sources of financing Bank and own great Cash proceed Mushroom sale(cash inflow) Input purchase(cash outflow)Benefit mail boat and policies Those who are regular customer we sell the product to them at a put down price and approximatelytime we give offer discount for product. Handling major(ip) Problems Adverse conditions solution 1. Reduction in sales -sales promotion 2. spend in price - adulterate supply 3. Rise in input price -increase in outturn price How and where we pull down costs- -In advertising(in case of leaflet and postering ) -transportation cost leave alone reduce when the companionship acquired goodwill to all kinds of customers.Business planPronunciation headless is start-up online business whizz development adventure pore on person who deeds to enhance and rectify their stars in the field of study of memory, attention and problem solving skill. The games are consisted of more than 25 educate fitness games to challenge cognitive abilities in our brain. The company was established In the begging of 2014 with five co-founders from various expertise backgrounds. Parabolas withal has the professional team and staffs with over 8-10 years experiences in individually section to support our business.The company has a small office where was to the beginning of business. Since, we are online business and the inaugural company thus it would help us to minimize the cost for renting fee. . Executive summary stupid is a first mover in online fitness brain game offering cognitive develop of brain health in Siameseland. The company has five co-founders who they are Dry. Daniel Brown, a neuroscience PhD from Stanford University in field of development human cognition brain from United State, the due south is Ms. Staring who is specialize in teaching applied science from Slovakia.The rest tercet persons are from siamese connecti onland which are Ms. Rattan, Mr.. Star and Ms. Hansson. Ms. Rattan will be concerning in Accosting and figure of the company because she is an expertise from Financial field. Besides, Sale and Marketing will be handled and promoted by Mr.. Star since he graduated both unmarried man and Master degree in major of Marketing from well- k immediatelyn University in Thailand. The net co-founder is responsible for general management and human resources because she has over octette years experiences in this field.As we Just start up our online game business in Thailand, we are located in Bangkok area at Dry. demurrer Brown house. Our company will be taper on Thai audiences who begin 25 years old upward and income most 20,000 tical per month. However, we would be blow a fuse market piece of land to Asian countries in revise to generate more revenue ND serve require of the intention for Asian people who would like to practice and develop their mental skills and brains. The compan y also expects to capture market share by to be the first online training game in Thailand and a leader in this role of business in Asia.This is because we are different from many online games like Nintendo and kudos in term of prove and evidence from scientific re seemer. Our advertising are mainly through Internet and social media such(prenominal) as Faceable, Santos. Com, Kapok. Com and search engine. 3. Mission a. Mission and vision Mission Nowadays more and more people are paying attention to healthy lifestyle, including health consume and adequate amount of somatic exercise. Whereas brain, similarly as erect the customer an option to develop brain activity also in parts, which are non utilise daily and to subsequently track progress.Vision Within Thai market it is important for us to ensure stability and after(prenominal)wards expand our customer base. Opportunity for the hereafter represents possibility to expand to other markets of eastbound Asian region and to r elease leaders in this part of the world. B. accusives/Goals Goals short-run 1) To increase awareness of non-user toward brainless. Long-term 1) To improve customer service and product itself. 2) To increase sale revenue by expansion market to Asia. Objective 1) wee customer bangledge to the highest degree how important of brain improvement. 2) plant customer tracking parcel. C.Keys to success The keys to success for headless are 1 . Continuous development of new brain games that will ensure indissoluble attractiveness of the unintelligent to customers. 2. Effectively establishing reputation as an exceptional company. 3. Cooperation with researchers, scientists and universities with the engineer of improving games. 4. Simple design and ease of use of the web site noniceable. . Leaderless which offers the customers to compare their attains with other registered users scores d. SOOT abstract e. Strategies fealty broadcast We will choose 2-3 games in each month for competition.The winner, who got the highest score in that game at the end of the month, will be accredited 10 20 percent discount from unintelligent in the b straying payment for subscription. Winner are classify into three ranks, the first place will receive 20 percent discount and so on. This will help boot more and report subscription from the customer. To create for long term relationship with the reliable customers To increase sales room subscription. To create Brainless awareness toward our current customers and their friends or relatives. Strategy Brainless give subscription discount for the winner in order to maintain good relationship with customer.Internet 1 . Apply Google Ad (SEE) word to the website by using keyword Brainless, improving brain, game. We allocated the budget to this medium fund about 40,000 baht/ year. 2. Ad-banner for linking to the labels website in http//www. Kapok. Com (in health section) and http//www. Santos. Com. We will use banner ad in the whole 1 year with the append budgets around baht/ year) Social media As nowadays, Faceable is the most ordinary social networking website that people atomic number 50 chat, share their interest comments and positive experiences there.So, we will promote information of our company and inform people about Brainless and providing researches which can prove that our games relieve oneself high quality, also can improve users brain function via Braininesss Faceable fan page. further, people can drop dead and share their results directly with the company and friends. Flogger and Youth channel We will earn flogger who is famous in enhance and improve their emf brains n the area of memory, attention and problem solving skill to play our games. strike Youth channel about game reviews our games to catch up consumers attention.We expect that these two channels can play an effective role to get high reputation. And learning, and Uncle Pee channel who famous in game review. lawsuit To c reate awareness on Brainless toward Bangkok antiquated from 25 years old above who concerns about health and want to take hold their mental faculty as long as possible. To create mug awareness, brand knowledge, and brand experience of Brainless To promote the Brainless to be well known and reliable web site as training brain draw. To boost up the Brainless sales during the campaign finis.We will Join the aftermath as one of exhibitor to introduce Brainless benefits toward the event visitors Give visitor discount for subscription. Free testing game Free giving cup, pen and brochure about brain care knowledge with Brainless logo as the specialty product. Tactics In the first 2 months, we deplete to finish all of the responsible website and create our fan page in Faceable under the URL of sceneable. Com/page/Brainless Two weeks before the events, we plan to invite the visitors to participate out carrel by posting the invitation broadsheet in the fan page of each event.We will introduce our self about who we are and for the people who cause our invitation by click like on fan page, they can print out the gift voucher and show to us in the event to get a gift bag for free. In the event day, we will give a free game sample to the visitors at the said(prenominal) time we will give them flyer the information about Brainless and Brainless benefits. On the top of flyer, we will also provide some special discount in CRY Code. The visitor Just quiz the economy, they will get 10% discount for the subscription. in that location is the event that Brainless can Join during the year 201 5 Thailand Game ShowBig Festival purplish Paragon hall (March 17- 19,201 5) Cost 30,000 baht/ year Brainless represents a simple online tool allowing anyone to exercise variety of core cognitive abilities. It offers a brain training program consisting of 25 funds and challenging games counsel on different areas Attention, Flexibility, Memory, Problem solving and Speed Brai nless offers after a short registration personalized program as well as the opportunity of tracking progress since Just 1 5 minutes training per day can lead to improvements in mentioned areas.It has a social layer too, so the customer can assure his or her results and progress against what other users are doing. Since the Brainless operates as a responsive site, customers can choose whether to train on the computer or on mobile device and still enjoying the aforesaid(prenominal) pleasure. 5. Revenue sources Brainless is fundamentally free of charge for sign up as a radical membership and also offer free five days of outpouring training brain game.After five days of the individualized training plan developed upon first registration, our company is use of subscription services as a major revenue model by offering users or subscribers rich person to pay a fee o access all training exercise games in the website by monthly, weekly, yearly and lifetime membership. Subscriptions are not moreover our revenue sources because our company also generate revenues by let advertisers to advertise in our web site, which means the company will get the revenue source from advertisement fee.Revenue Payment Brainless uses credit card as payment method. 1) Login by I. D 2) Chooses payment term by monthly, yearly 3) Choose credit card and payment method. 6. Future fruit opportunities As we are the first brain training game program business in Thailand and first mover n Asia, we are view about expansion of our target groups that can serve all ages showtime from five years till 75 years old because now our focus audiences are 25 years old upward because some games are not suitable for kids.So, we are trying to develop our games to be more fun, challenging and interesting to learners of all ages in the future. Moreover, in 201 5 our plan for future egress opportunities are to gain more incomes and attract more consumers and users by launching an application on mobile sylla bus both SIS and Android which we considered of the growth of using cleanness and tablets in Asia Pacific.Asia Pacific smartened penetration is highest in Hong Kong and Singapore at 87 percent, followed by Malaysia (80%), Australia (75%) and China (71 Penetration in developing Asia Pacific markets, while tracking the more developed markets in the region, is gaining traction Thailand smartened penetration is at 49 percent followed by Indonesia (23%), India (18%) and the Philippines (15%). submitt ownership has recorded significant growth in many Asia Pacific markets in the past year, in detail Singapore (up 30 percentage points to 47%), Hong Kong (up 27 points to 57%) and Malaysia (up 23 points to 42%). Http//www. Nielsen. Com/pH/en/insights/ news/2014/Asian-mobile-consumers. HTML) In addition, Brainless is feeling beyond Thailand to reach a broader audience around Asia like China, japan and Malaysia. We are plan ahead in future opportunities to develop our website to have more languages in next 2-3 years that it will help to reduce languages barrier and we hope international users can get through and sincerely understand the game to enhance their mental fitness.Moreover, we are also tone for a sponsorship by Thai government to promote Thai people that may emphasis on teenagers to improve their cognitive velveteen in ground of memory, attention and creativity. A. Market analysis Market trends Customer analysis As nowadays, people have care more about their healthy, not only their body shape but also including brain function. Also, as a number of using smart mobile phone increase, people always spend their time on smart mobile phone in daily. Each day, they would got many information from the social network or internet which may be junk information or good information.Imaging that you have to do multi works and update thing around, it would make your brain cannot abbreviate on one thing or any things in same time. So, they tend to find some tools that c ould improve their brain concentrated such as meditation which would prepare them for working and successful in multi skill tasks. As figure table and form the research, the seniorly or those aged 60 years and over in Thailand, they found that an increasing number of Thai elder each year is growing, making currently Thailand is a society of seniors.And the working population or labor force spate found that in year 2556, there were 3. 45 million elder workers from the total 9 million elders, or 38. 3 percent of the total who were still worked. It can estimate that in the future, Thai people at ages 65 or above are still plan to be working as the number of the older is increased. And because of health concerns and people hold to retain their mental faculty as long as possible, it makes the brain health business is growing steadily.Supplier post (Low) As Brainless produces their own games. They do not need any suppliers to involve in their mathematical product line. It means that Bargaining of supplier power is low. Barriers to entry (Moderate) For barriers to entry are relatively high for advanced game because the startup for new business is very high cost in producing online brains improving games and the website much has platform that can measure improving brain which has to use complicated code for create web game. Threat of substitute products (High)Business PlanThe main reason to have the apparel business on Commerce is because it has the sorrygest potential to give a free rein to enormous savings and business efficiencies. However the practicalities remain indefinable. The commerce focus the way to handle the change in the global planning and purchasing of transport as well as it contribute to the supply strand as logistics. The key activator to E-business is specify as logistics. Well there comes a question how benefits are enabled to ensure individual logistics and transport companies or will it perish in the transformation of E- commerce.E-c ommerce is the electronic business. Though which clothing business can enter to the power of computers, the internet and shared software to pose and et product specifications and drawings, acquire orders and receipts, bids, and other they of information related to data that is call for to be conversed to suppliers, the public, employees and most significantly with customers. Below written is the SOOT analysis of Men and Women Clothing business at Jersey Shore Boardwalk (Edutainment, 2002).SOOT Analysts competency 0 The huge usefulness of the E-commerce clothing store will be Global location I. E. bounds less 0 There will be no time constraints to it. 0 Biggest benefit is price and product comparison can be made intimately. 0 It will be cost effective for the clothing store. 0 The clothing store can easily direct communicate with consumer and can improved customer interaction. Moreover an E-commerce site will allow the clothing store to have supple target market segmentation. It will be simple and easier to exchange of inside information and information.You will have a lower transaction cost and not only this you can easily do arrangement of products. 0 Customers can experience faster buying procedure 0 Company dont require to have a physical set up 0 transactions are made easily. 0 Availability of Niche products Furthermore an favor of low operating cost. failing 0 Security is a big concern for every customer if they are buying online for verification of their personal information like credit card and other related secured information. 0 There a jeopardize of fake websites similar to our open and used our name. Chances of faker 0 Customers have fewer discounts offered and no chance of negotiate is available. 0 It might take long delivery timing. 0 If the quality is not maintained by the company related to the physical condition of the clothing products will become the biggest disadvantage for the company. If you are selling limit products in the clothing house or limited styles might 0 Might have a more shipping cost. 0 Customers get limited exposure and you get limited excess to advertising. 0 severe to fulfill customers satisfaction (Swags & Simian, 2012).For valuate issues and purposes a verified pass over and indistinguishability of the location is infallible. International appraise laws may hurdle against certain encountered references with jural issues and problems related to the engine room. 0 There is a big hurdle in making the 4. Thoroughly exposit 2 online crimes prevalent in e-commerce and what you would do to go along these crimes. 1. Credit card frauds These are the biggest of all crimes going around the e-commerce business. Preventive majors 0 using calculate verification corpse in order to prevent credit card fraud. Verify about any anonymous or suspicious email. 0 Need to know the purchaser IP address to follow up if any fraud is involved in the transaction. 0 Keep interaction with the custome r and drift customer billing address and bank details related to the customer. 2. jam and Censorship 0 Filters should be added to your website in order to stop cylinder block access to control it. 0 Security needs to be more effective in order to provide protection to the customers. It is very important that an e-commerce website should comply with the policy related to censorship and blocking to be followed accordingly.Business PlanBUSINESS PLAN GLOBAL MUSHROOM COMPANY LTD. -quality first MS in Agricultural Economics(Agribusiness and Marketing) MD. TAUHIDUL ISLAM LEVEL-4 SEMESTER-1 ID. NO. 09 AEAM JD 03M REG. NO. 31636 Group C DEPT. of AGRIBUSINESS & MARKETING BANGLADESH AGRICULTURAL UNIVERSITY. MYMENSINGH BUSINESS PLAN SECTION 1 THE BUSINESS PROFILE Description of My Business Our product is Mushroom. We will produce, package and set price in our own farm. Targeted Market and Customers Our customers will be different departmental store, hotels and restaurants. Our product is n ew arrival in Bangladesh and it is highly nutritious. Growth Trends In This BusinessYes, the market for our products is growing, because our product has increasing demand to the people, specially to the educated people. Pricing Power The unique qualities of our product are- -nutritious -nontoxic -it is suitable for all classes of people, especially for diabetic patient and educated people. SECTION 2 THE VISION AND THE PEOPLE We are passionately committed of our new business to provide highly qualified mushroom to all classes of people specially for highly educated people. THE PEOPLE Work Experience think to My Intended Business We got training from reputed mushroom cultivation training centre. again we will appoint a mushroom cultivation specialist. Personal punctuate and Education Credentials We are expected to complete graduation this year from Bangladesh Agricultural University, Mymensingh . SECTION 3 COMMUNICATIONS Computer and Communications Tools mental imagery Requirements Communications -Telephone/ mobile phone Tk. 10000/year -Advertisement Tk. 80000/year -Leaflet Tk. 5000/year -Internet Tk. 14000/year Telephones Telephone/mobile phone Tk. 10000/yearComputers cardinal computer and one printer Tk. 25,000 Computer accessories Tk. 5000 Internet Internet Tk. 14,000/year SECTION 4 ORGANIZATION Business Organization We want to form a JOINTSTOCK business organization. It is our intention to grow our company into a large farm throughout the country. Professional Consultants I feel it is important that my team of professional advisors be in place before I start in business. Here is a list of these professionals 1. Lawyer-A. T. M. Golam Hossain 2. Accountant Rakibul Hasan 3. Insurance doer Real Insurance Company 4 .Banker Abdul Bari 5. Trainer Aktaruzzaman Licenses 1. Trade license SECTION 5 LICENSES, PERMITS AND BUSINESS NAMES Due Diligence Procedures for Licenses, Permits and Business Names Licenses State Trade license Slogan Indicate your slogan intenti ons if any exist Our slogan is quality first. SECTION 6 INSURANCE Insurance (Session 6) List the form of insurance coverage including cost are anticipated. We plan to use the services of Real Insurance Company, as our insurance agent. SECTION 7 PREMISES Location Criteria space requirements 71 decimal future requirements 33 decimalSECTION 8 news report AND CASH FLOW Accounting COMPARATIVE ANALYSIS OF BALANCE planing machine Particulars Year20082009201020112012 Assets Cash 50,000 60,000 75,000 90,000 1,00,000 Land3,22,7274,02,7274,82,7275,67,2725,67,272 Building(office room , store house & warehouse)4,00,0003,95,0003,90,0003,85,0003,80,000 Less depreciation5,0005,0005,0005,0005,000 3,95,0003,90,0003,85,0003,80,0003,75,000 Computer , printer30,00028,00026,00024,00022,000 Less depreciation2,0002,0002,0002,0002,000 28,00026,00024,00022,00020,000 Hut4,62,9905,78,7376,94,4846,94,4846,94,484Equipment(rack & sprayer)65,20080,20097,80085,80073,800 Less depreciation8,0009,50012,00012,00012 ,000 57,20070,70085,80073,80061,800 Vehicles(car & van)2,10,0001,99,0001,88,0001,77,0001,66,000 Less depreciation11,00011,00011,00011,00011,000 1,99,0001,88,0001,77,0001,66,0001,55,000 Value of life insurance20,00020,00020,00020,00020,000 Raw materials inventories2,400,00030,00,00036,00,00039,60,00043,20,000 Supplies1,00,0001,20,0001,50,0001,80,0002,00,000 Total Assets40,34,91748,56,16456,94,01161,53,55665,13,556 Liabilities and Owners equity Liabilities Bank loan20,00,00020,00,00015,00,00010,00,0008,00,000Accounts payable1,00,9172,56,1646,94,0116,53,55611,13,556 Owners equity15,00,00020,00,00025,00,00030,00,00030,00,000 Retain earning4,34,0006,00,00010,00,00015,00,00016,00,000 Total Liabilities and Owners Equity40,34,91748,56,16456,94,01161,53,55665,13,556 Particulars Year20082009201020112012 Revenue Gross sales48,00,00063,00,0007920,0008640,0009180,000 Less sales return and allowance1,00,0002,00,000100,00025,00025,000 Net sales47,00,00061,00,0007820,0008615,0009155,000 Cost of go ods sold Inventory01,00,000200,000250,000250,000 Purchase24,00,00030,00,0003600,0003960,0004320,000 Less purchase return 50,00075,00080,000100,000100,000Net cost purchase2350,0002925,0003520,000386,0004220,000 Cost of goods available for sale 2350,0003025,0003720,0004110,0004470,000 Less inventory1,00,000200,000250,000250,000250,000 Cost of goods sold22,50,0002825,0003470,0003860,0004220,000 Gross margin24,50,0003275,0004350,0004755,0004935,000 Operating expenses, Advertisement cost80,000150,000100,00050,00025,000 Payroll4,68,000500,000560,000600,000600,000 Expense in license9,000 Transportation expenses1,50,000180,000280,000330,000330,000 Repairing and maintenance cost50,00060,00070,00070,00070,000 Insurance (fire)20,00020,00020,00020,00020,000Telephone and internet24,00030,00035,00035,00035,000 Other expenses13,60020,00025,00050,00050,000 Cumulative depreciation27,50027,50030,00030,00030,000 Total operating expenses8,42,100987,5001120,0001185,0001160,000 Net earnings16,07,9002287, 5003230,0003570,0003775,000 Less interest expense2,40,000240,000180,000120,00096,000 Net profit / loss13,67,9002047,5003049,9703450,0003679,000 Growth(profit/sales*100)29. 1%33. 57%39%40. 05%40. 19% COMPAR ATIVE ANALYSIS OF INCOME STATEMENT Cash Flow think Checklist (Tk. /year) operating expenses Advertisement cost80,000 Payroll468,000Expense in license9,000 Transportation expenses150,000 Repairing and maintenance cost50,000 Insurance (fire)20,000/ Telephone and internet24,000 Other expenses13,600 Cumulative depreciation27,500 Total operating expenses 842,100 Capital investment1500000 Estimated sales4800000 compend of Costs Fixed costs Land, building, equipment, hut, computer, depreciation, managers salaries, insurance, license cost, interest expense and vehicles. covariant costs labor cost, Straw, Spawn, formalin, repair and maintenance cost and advertisement cost. convergence cost Straw, Spawn, formalin packaging and formalin. Delivery cost Fuel, vehicles and drivers salaries . Internal Controls We will always supervise the overall activities in strong hand. If we get any dishonesty or carelessness in any kinds of business activities then we take necessary steps for controlling them properly. We will give rewards and incentives for appreciating the good works and punishments for skulking. We will keep record of every transaction and also we will try to ensure friendly environment for all employees in the company. SECTION 10 E-COMMERCE E-Commerce PlansWe plan to build and install a registered website name www. glbmashroom. com . This site will contain attractive advertisement on our product. Buyers will get update information and they can merchandise via this website. E-Commerce Budgeting 1. Rent for battleground Tk. 1,000/year E-Commerce Competition We will provide more discount comparatively our best competitors. We will send our e-mail to our expected buyers containing our product advertisement. SECTION 11 ACQUISITIONS Due Diligence Procedures for Ac quisitions Our consulting team Lawyer, accountant, banker, trainer, etc. How we plan to authenticate-By providing sales receipt. Sellers records to be inspected Financial statements, sales backlog, cash deposit records, returns bills, accounts payable and receivable, financial comparisons of similar businesses, etc. Appraisals, as appropriate. Yes. Market conditions. Oligopoly market. Value of goodwill exists. Method of purchase stock, assets, etc SECTION 12 MARKETING Marketing Plan We will personally contact with the buyers. We give fresh styling, quality product price incentive to them. We provide the transport facilities and arrange Mushroom food product festival every year to create more concentration of buyers.Advertising and Promotion Plans Plans Budget(Tk. /year) Internet 10,000 Television 40,000 Newspaper 20,000 carte 5,000 leaflet 5,000 procreation Policies We will hire a honest, skill and smart trainer for increasing the efficiency of our sales manager for specif ic period of time. The Competition BRAC is our strongest competitor, because they have -large overhead structure -large amount of capital -strong brand recognition But we intend to compete with the BRAC by the following ways- -attractive packaging price incentive -Mushroom food product festival -quality maintain -advertising -transportation facilities. How I Plan to Take Advantage of Competitors Weak Points The shortcomings of our competitors are as follows -slow spring to change product quality -price of product relatively higher than us -insufficient supply We plan to overcome their leadership with fresh new designs, artistic production packaging and to provide at a lower price. SECTION 13 GROWTH PROGRAM Expansion Sources of financing Bank and own capital Cash flow Mushroom sale(cash inflow) Input purchase(cash outflow)Benefit package and policies Those who are regular customer we sell the product to them at a lower price and former(prenominal) we will offer discount for produc t. Handling major(ip) Problems Adverse conditions Response 1. Reduction in sales -sales promotion 2. regress in price -reduce supply 3. Rise in input price -increase in output price How and where we reduce costs- -In advertising(in case of leaflet and postering ) -transportation cost will reduce when the company acquired goodwill to all kinds of customers.Business PlanOver the last five years our organization has seen significant change in applied science. art object this change has been beneficial to Community College and its employees, we have reached a point where we are challenged with the new features and functions of the Colleges standard software. In order for our employees to continue to serve learner needs effectively and efficiently the applied science readiness Project has been created.This cipher will create technology training sessions to allow for increased technology understanding and to grow employee confidence. Upon completion, this regurgitate will provide for a insertion that will allow our organization to address the presumptive changes in future technology. TRAINING STRATEGY All employees will have access to technology training opportunities.The develop part will provide technology training through the following modes of delivery Face to face sessions Online via the portal Downloaded material In order to provide these training opportunities the following resources are postulate Training opportunities to keep the College trainer / Seems current genuine and up to ate handout materials Access to current hardware and software technologies The following is a list of assumption and constraints for the Training & Development Business Plan. Please blood line that this list may be modified as the project and planning move forward.Assumptions All employees have the minimum technology skills as be by Human Resources All employees have access to the current technology in the form of software and hardware required by their bit All emp loyees are encouraged and allowed to articulate in training opportunities This project has the full support of all executive leadership Constraints Attendance will be dependent on employee schedules All new employees mustiness figure new employee orientation modules All equipment and software must be congruous with current technology DELIVERABLES Sessions Method Resources Anticipated ascertain Technology mouse Peeks* arrive at Trainer Cot/Novo/ grace starting signal Innovate Technology Tuesdays slur Email/ schedule 1 rapscallion Tip airplane Training Department Novo/Deck Thumb Drives Training Department/ batch Nodded Word 2013 Navigating the File Tab OFF/Videos former(a) Novo / Early Deck Word 2013 Solving the Mystery of Headers and Sections Word 2013 judgement Track Changes not for the Light Hearted Fondles Excel 2013 Using a Table to Filter and ramify Data Excel 2013 Basic Formulas Fondles mental capacity 2013 Using Rules and Categories to Organize Outlook Fondles O utlook 2013 What to Expect from the Outlook 365 Interface Endnote 2013 maven What? What exactly is Endnote? load Technology Training Trainer / Book ordinary Innovate WI put on a Workup Site opening Essentials Communicating with your Workup via the adit OFF / VideosPortal Essentials shape Alerts to control Awareness of Office Happenings OFF / Videos Portal Essentials take in and Maintain schedule Libraries with Custom Views OFF / Portal Essentials Calendar Management OFF / Videos WI 14 Proper Document Storage personally Identifiable Information * Will schedule times at departments meetings COMMUNICATION DELIVERABLES The Training Department will communicate training opportunities by utilizing the current approved intercourse methods Announcements Workup Listserv Emails Downloaded Flyers Portal Website Department Invitations Sneak Peaks SESSION OUTCOMES Office 2013 These sessions will provide users with the good training necessary to a. Create and switch documents (Word) b. Create and modify reports (Word) c. Create and modify spreadsheets (Excel) d. Create and modify presentations (Powering) e. Create and modify schedule items (Outlook) f. Create and modify emails (Outlook) g. Create and maintain a basic database (Access) h. journey the new features in Office 2013 I.Use Endnote to manage and capture information electronically (Endnote) Innovate these sessions will provide users with the technical training necessary to . Create basic forms b. Manage a form depository library c. Edit form library permissions d. Create basic workflow e. exporting to Excel How to put on a Workup Site these sessions will provide users with the technical training necessary to a. Create Announcements b. Create Email Alerts c. Create Document Libraries d. Create Custom views e. Connect Workup Calendar to Outlook ASSESSMENT AND introduce The current Training Department Events database will be used for tracking participation. A new participation method will be corpo rate when the SharpeningBusiness PlanBUSINESS PLAN GLOBAL MUSHROOM COMPANY LTD. -quality first MS in Agricultural Economics(Agribusiness and Marketing) MD. TAUHIDUL ISLAM LEVEL-4 SEMESTER-1 ID. NO. 09 AEAM JD 03M REG. NO. 31636 Group C DEPT. of AGRIBUSINESS & MARKETING BANGLADESH AGRICULTURAL UNIVERSITY. MYMENSINGH BUSINESS PLAN SECTION 1 THE BUSINESS PROFILE Description of My Business Our product is Mushroom. We will produce, package and set price in our own farm. Targeted Market and Customers Our customers will be different departmental store, hotels and restaurants. Our product is new arrival in Bangladesh and it is highly nutritious. Growth Trends In This BusinessYes, the market for our products is growing, because our product has increasing demand to the people, specially to the educated people. Pricing Power The unique qualities of our product are- -nutritious -nontoxic -it is suitable for all classes of people, especially for diabetic patient and educated people. SECTION 2 THE VISION AND THE PEOPLE We are passionately committed of our new business to provide highly qualified mushroom to all classes of people specially for highly educated people. THE PEOPLE Work Experience Related to My Intended Business We got training from reputed mushroom cultivation training centre.Again we will appoint a mushroom cultivation specialist. Personal Background and Education Credentials We are expected to complete graduation this year from Bangladesh Agricultural University, Mymensingh . SECTION 3 COMMUNICATIONS Computer and Communications Tools Resource Requirements Communications -Telephone/ mobile phone Tk. 10000/year -Advertisement Tk. 80000/year -Leaflet Tk. 5000/year -Internet Tk. 14000/year Telephones Telephone/mobile phone Tk. 10000/yearComputers One computer and one printer Tk. 25,000 Computer accessories Tk. 5000 Internet Internet Tk. 14,000/year SECTION 4 ORGANIZATION Business Organization We want to form a JOINTSTOCK business organization. It is our intent ion to grow our company into a large farm throughout the country. Professional Consultants I feel it is important that my team of professional advisors be in place before I start in business. Here is a list of these professionals 1. Lawyer-A. T. M. Golam Hossain 2. Accountant Rakibul Hasan 3. Insurance Agent Real Insurance Company 4 .Banker Abdul Bari 5. Trainer Aktaruzzaman Licenses 1. Trade license SECTION 5 LICENSES, PERMITS AND BUSINESS NAMES Due Diligence Procedures for Licenses, Permits and Business Names Licenses State Trade license Slogan Indicate your slogan intentions if any exist Our slogan is quality first. SECTION 6 INSURANCE Insurance (Session 6) List the form of insurance coverage including cost are anticipated. We plan to use the services of Real Insurance Company, as our insurance agent. SECTION 7 PREMISES Location Criteria space requirements 71 decimal future requirements 33 decimalSECTION 8 ACCOUNTING AND CASH FLOW Accounting COMPARATIVE ANALYSIS OF BALANCE SHEE T Particulars Year20082009201020112012 Assets Cash 50,000 60,000 75,000 90,000 1,00,000 Land3,22,7274,02,7274,82,7275,67,2725,67,272 Building(office room , store house & warehouse)4,00,0003,95,0003,90,0003,85,0003,80,000 Less depreciation5,0005,0005,0005,0005,000 3,95,0003,90,0003,85,0003,80,0003,75,000 Computer , printer30,00028,00026,00024,00022,000 Less depreciation2,0002,0002,0002,0002,000 28,00026,00024,00022,00020,000 Hut4,62,9905,78,7376,94,4846,94,4846,94,484Equipment(rack & sprayer)65,20080,20097,80085,80073,800 Less depreciation8,0009,50012,00012,00012,000 57,20070,70085,80073,80061,800 Vehicles(car & van)2,10,0001,99,0001,88,0001,77,0001,66,000 Less depreciation11,00011,00011,00011,00011,000 1,99,0001,88,0001,77,0001,66,0001,55,000 Value of life insurance20,00020,00020,00020,00020,000 Raw materials inventories2,400,00030,00,00036,00,00039,60,00043,20,000 Supplies1,00,0001,20,0001,50,0001,80,0002,00,000 Total Assets40,34,91748,56,16456,94,01161,53,55665,13,556 Liabilities and Owners equity Liabilities Bank loan20,00,00020,00,00015,00,00010,00,0008,00,000Accounts payable1,00,9172,56,1646,94,0116,53,55611,13,556 Owners equity15,00,00020,00,00025,00,00030,00,00030,00,000 Retain earning4,34,0006,00,00010,00,00015,00,00016,00,000 Total Liabilities and Owners Equity40,34,91748,56,16456,94,01161,53,55665,13,556 Particulars Year20082009201020112012 Revenue Gross sales48,00,00063,00,0007920,0008640,0009180,000 Less sales return and allowance1,00,0002,00,000100,00025,00025,000 Net sales47,00,00061,00,0007820,0008615,0009155,000 Cost of goods sold Inventory01,00,000200,000250,000250,000 Purchase24,00,00030,00,0003600,0003960,0004320,000 Less purchase return 50,00075,00080,000100,000100,000Net cost purchase2350,0002925,0003520,000386,0004220,000 Cost of goods available for sale 2350,0003025,0003720,0004110,0004470,000 Less inventory1,00,000200,000250,000250,000250,000 Cost of goods sold22,50,0002825,0003470,0003860,0004220,000 Gross margin24,50,0003275,0004350, 0004755,0004935,000 Operating expenses, Advertisement cost80,000150,000100,00050,00025,000 Payroll4,68,000500,000560,000600,000600,000 Expense in license9,000 Transportation expenses1,50,000180,000280,000330,000330,000 Repairing and maintenance cost50,00060,00070,00070,00070,000 Insurance (fire)20,00020,00020,00020,00020,000Telephone and internet24,00030,00035,00035,00035,000 Other expenses13,60020,00025,00050,00050,000 Cumulative depreciation27,50027,50030,00030,00030,000 Total operating expenses8,42,100987,5001120,0001185,0001160,000 Net earnings16,07,9002287,5003230,0003570,0003775,000 Less interest expense2,40,000240,000180,000120,00096,000 Net profit / loss13,67,9002047,5003049,9703450,0003679,000 Growth(profit/sales*100)29. 1%33. 57%39%40. 05%40. 19% COMPAR ATIVE ANALYSIS OF INCOME STATEMENT Cash Flow Planning Checklist (Tk. /year) operating expenses Advertisement cost80,000 Payroll468,000Expense in license9,000 Transportation expenses150,000 Repairing and maintenance cost50,0 00 Insurance (fire)20,000/ Telephone and internet24,000 Other expenses13,600 Cumulative depreciation27,500 Total operating expenses 842,100 Capital investment1500000 Estimated sales4800000 Analysis of Costs Fixed costs Land, building, equipment, hut, computer, depreciation, managers salaries, insurance, license cost, interest expense and vehicles. Variable costs labor cost, Straw, Spawn, formalin, repair and maintenance cost and advertisement cost.Product cost Straw, Spawn, formalin packaging and formalin. Delivery cost Fuel, vehicles and drivers salaries . Internal Controls We will always supervise the overall activities in strong hand. If we get any dishonesty or carelessness in any kinds of business activities then we take necessary steps for controlling them properly. We will give rewards and incentives for appreciating the good works and punishments for skulking. We will keep record of every transaction and also we will try to ensure friendly environment for all employees in t he company. SECTION 10 E-COMMERCE E-Commerce PlansWe plan to build and install a registered website name www. glbmashroom. com . This site will contain attractive advertisement on our product. Buyers will get update information and they can merchandise via this website. E-Commerce Budgeting 1. Rent for domain Tk. 1,000/year E-Commerce Competition We will provide more discount comparatively our best competitors. We will send our e-mail to our expected buyers containing our product advertisement. SECTION 11 ACQUISITIONS Due Diligence Procedures for Acquisitions Our consulting team Lawyer, accountant, banker, trainer, etc. How we plan to authenticate-By providing sales receipt. Sellers records to be inspected Financial statements, sales backlog, cash deposit records, utility bills, accounts payable and receivable, financial comparisons of similar businesses, etc. Appraisals, as appropriate. Yes. Market conditions. Oligopoly market. Value of goodwill exists. Method of purchase s tock, assets, etc SECTION 12 MARKETING Marketing Plan We will personally contact with the buyers. We give fresh styling, quality product price incentive to them. We provide the transport facilities and arrange Mushroom food product festival every year to create more concentration of buyers.Advertising and Promotion Plans Plans Budget(Tk. /year) Internet 10,000 Television 40,000 Newspaper 20,000 Poster 5,000 leaflet 5,000 Training Policies We will hire a honest, skill and smart trainer for increasing the efficiency of our sales manager for specific period of time. The Competition BRAC is our strongest competitor, because they have -large overhead structure -large amount of capital -strong brand recognition But we intend to compete with the BRAC by the following ways- -attractive packaging price incentive -Mushroom food product festival -quality maintain -advertising -transportation facilities. How I Plan to Take Advantage of Competitors Weak Points The shortcomings of our competitors are as follows -slow motive to change product quality -price of product relatively higher than us -insufficient supply We plan to overcome their leadership with fresh new designs, artwork packaging and to provide at a lower price. SECTION 13 GROWTH PROGRAM Expansion Sources of financing Bank and own capital Cash flow Mushroom sale(cash inflow) Input purchase(cash outflow)Benefit package and policies Those who are regular customer we sell the product to them at a lower price and sometime we will offer discount for product. Handling Major Problems Adverse conditions Response 1. Reduction in sales -sales promotion 2. Fall in price -reduce supply 3. Rise in input price -increase in output price How and where we reduce costs- -In advertising(in case of leaflet and postering ) -transportation cost will reduce when the company acquired goodwill to all kinds of customers.Business PlanOver the last five years our organization has seen significant change in technology. While this change has been beneficial to Community College and its employees, we have reached a point where we are challenged with the new features and functions of the Colleges standard software. In order for our employees to continue to serve student needs effectively and efficiently the Technology Training Project has been created.This project will create technology training sessions to allow for increased technology understanding and to grow employee confidence. Upon completion, this project will provide for a foundation that will allow our organization to address the probable changes in future technology. TRAINING STRATEGY All employees will have access to technology training opportunities.The Training Department will provide technology training through the following modes of delivery Face to face sessions Online via the portal Downloaded material In order to provide these training opportunities the following resources are required Training opportunities to keep the College trainer / Seems current C urrent and up to ate handout materials Access to current hardware and software technologies The following is a list of assumption and constraints for the Training & Development Business Plan. Please note that this list may be modified as the project and planning move forward.Assumptions All employees have the minimum technology skills as defined by Human Resources All employees have access to the current technology in the form of software and hardware required by their position All employees are encouraged and allowed to articulate in training opportunities This project has the full support of all executive leadership Constraints Attendance will be dependent on employee schedules All new employees must attend new employee orientation modules All equipment and software must be compatible with current technology DELIVERABLES Sessions Method Resources Anticipated Date Technology Sneak Peeks* OFF Trainer Cot/Novo/Deck Beginning Innovate Technology Tuesdays Office Email/Calendar 1 Page Tip Sheet Training Department Novo/Deck Thumb Drives Training Department/Lot Nodded Word 2013 Navigating the File Tab OFF/Videos Late Novo / Early Deck Word 2013 Solving the Mystery of Headers and Sections Word 2013 Understanding Track Changes not for the Light Hearted Fondles Excel 2013 Using a Table to Filter and Sort Data Excel 2013 Basic Formulas Fondles Outlook 2013 Using Rules and Categories to Organize Outlook Fondles Outlook 2013 What to Expect from the Outlook 365 Interface Endnote 2013 One What? What exactly is Endnote? Core Technology Training Trainer / Book Intermediate Innovate WI Utilize a Workup Site Portal Essentials Communicating with your Workup via the Portal OFF / VideosPortal Essentials Create Alerts to Maintain Awareness of Office Happenings OFF / Videos Portal Essentials Create and Maintain Document Libraries with Custom Views OFF / Portal Essentials Calendar Management OFF / Videos WI 14 Proper Document Storage Personally Identifiable Information * Will sche dule times at departments meetings COMMUNICATION DELIVERABLES The Training Department will communicate training opportunities by utilizing the current approved communication methods Announcements Workup Listserv Emails Downloaded Flyers Portal Website Department Invitations Sneak Peaks SESSION OUTCOMES Office 2013 These sessions will provide users with the technical training necessary to a. Create and modify documents (Word) b. Create and modify reports (Word) c. Create and modify spreadsheets (Excel) d. Create and modify presentations (Powering) e. Create and modify calendar items (Outlook) f. Create and modify emails (Outlook) g. Create and maintain a basic database (Access) h. Navigate the new features in Office 2013 I.Use Endnote to manage and capture information electronically (Endnote) Innovate these sessions will provide users with the technical training necessary to . Create basic forms b. Manage a form library c. Edit form library permissions d. Create basic workflow e. E xport to Excel How to Utilize a Workup Site these sessions will provide users with the technical training necessary to a. Create Announcements b. Create Email Alerts c. Create Document Libraries d. Create Custom views e. Connect Workup Calendar to Outlook ASSESSMENT AND TRACKING The current Training Department Events database will be used for tracking participation. A new participation method will be incorporated when the SharpeningBusiness PlanThe main reason to have the clothing business on Commerce is because it has the biggest potential to give a free rein to enormous savings and business efficiencies. However the practicalities remain indefinable. The commerce focus the way to handle the change in the global planning and purchasing of transport as well as it contribute to the supply chain as logistics. The key activator to E-business is defined as logistics. Well there comes a question how benefits are enabled to ensure individual logistics and transport companies or will it p erish in the revolution of E- commerce.E-commerce is the electronic business. Though which clothing business can enter to the power of computers, the internet and shared software to deliver and et product specifications and drawings, buying orders and receipts, bids, and other they of information related to data that is required to be conversed to suppliers, the public, employees and most importantly with customers. Below written is the SOOT analysis of Men and Women Clothing business at Jersey Shore Boardwalk (Edutainment, 2002).SOOT Analysts Strength 0 The huge advantage of the E-commerce clothing store will be Global location I. E. Boundary less 0 There will be no time constraints to it. 0 Biggest benefit is price and product comparison can be made easily. 0 It will be cost effective for the clothing store. 0 The clothing store can easily direct communicate with consumer and can improved customer interaction. Moreover an E-commerce site will allow the clothing store to have flexi ble target market segmentation. It will be simple and easier to exchange of details and information.You will have a lower transaction cost and not only this you can easily do arrangement of products. 0 Customers can experience faster buying procedure 0 Company dont require to have a physical set up 0 Transactions are made easily. 0 Availability of Niche products Furthermore an advantage of low operating cost. Weakness 0 Security is a big concern for every customer if they are buying online for verification of their personal information like credit card and other related secured information. 0 There a chance of fake websites similar to our open and used our name. Chances of fraud 0 Customers have fewer discounts offered and no chance of bargaining is available. 0 It might take long delivery timing. 0 If the quality is not maintained by the company related to the physical condition of the clothing products will become the biggest disadvantage for the company. If you are selling limite d products in the clothing category or limited styles might 0 Might have a more shipping cost. 0 Customers get limited exposure and you get limited excess to advertising. 0 Hard to fulfill customers satisfaction (Swags & Simian, 2012).For tax issues and purposes a verified address and identity of the location is necessary. International tax laws may hurdle against certain encountered references with legal issues and problems related to the technology. 0 There is a big hurdle in making the 4. Thoroughly described 2 online crimes prevalent in e-commerce and what you would do to prevent these crimes. 1. Credit cards frauds These are the biggest of all crimes going around the e-commerce business. Preventive majors 0 Using address verification system in order to prevent credit card fraud. Verify about any anonymous or suspicious email. 0 Need to know the purchaser IP address to follow up if any fraud is involved in the transaction. 0 Keep interaction with the customer and verify customer billing address and bank details related to the customer. 2. Blocking and Censorship 0 Filters should be added to your website in order to stop blocking access to control it. 0 Security needs to be more effective in order to provide protection to the customers. It is very important that an e-commerce website should comply with the policy related to censorship and blocking to be followed accordingly.