Business planning PPT of Mamagement Behavioural Process MBA

BUSINESS PLANNING

PRESENTED BY :-BABASAB PATIL

4/10/2013 Babasabpatilfreepptmba.com

BUSINESS PLANNING

(M.B.P)


CONTENTS

Introduction

Being aware of opportunities (SWOT)

Setting objectives or goals

Indentifying alternatives

Evaluating Alternatives

Selecting an alternative

Formulating Supportive Plan

Numberising Plans By Making Budget


Planning Definition:

Planning is a particular type of decision

making that addresses the specific future that

manager desire for their organizations.

Planning is the first managerial function

to be performed in the process of management.


Importance of Planning:

• It offsets future uncertainty and change.

• It tackles increasing complexity in modern

business.

• It helps in co-ordination.

• It helps in exercising effective control.

• It helps in the proper utilization of the

company’s resources.


Cont…

• It facilitates unity of action.

• It helps in avoiding business failures.

• Focuses attention on organization’s goals.

• Improves competitive strength.

• Improves adaptability.

• Guides decision-making


Introduction

• Business plans can help to perform a number of tasks.

They are used by investment-seeking entrepreneurs to

convey their vision to potential investors. They may a

be also used by firms that are trying to attract key

employees, prospect for a new business, deal with

suppliers or simply to understand how to manage

their companies better.


Environment scanning

To start our new business we selected Navanagar, i.e.

near by Akshay International Lodge and restaurant,

Vidyagiri Bagalakot.While considering bagalakot as a

developing area we have a lot of opportunities to start

new business finally scanning of the areas we got many

alternatives to start new business.


Like as:

Yoga centre

Milk Parlor

Travelling Agency


SWOT Analysis Strengths:

o In bagalakot as we found only few business

existing like our alternatives.

o Sound finance.

o No competitors.

o Mutual understanding in between our business

and public.

o Affordable price.


Weakness:

o Problem of location.

o Government rules and regulation.


Opportunities:

o Customer satisfaction.

o Promotional activities.

o Total quality management (TQM).

o Switch on to others.


Threats:

o High oligopoly.

o Government intervention.


Establishing objectives

• Employment opportunities.

• To increase standard of living.

• To giving extraordinary service.

• To become a market leader.

• To maximize profit.

.


Evaluating alternatives

After knowing out of the alternatives next

step is to evaluate the alternatives through

analysis of strong and weak points of

alternatives as below:


• Yoga centre

Strong Points:

1.Mental and physical health.

2.Some extent target customers are all .

Weak Points:

1.Maintenance problem.

2.Impact of mass media.

3.Busy in their routine schedule.


• Milk parlor:

Strong Points:

1.Easily available of raw materials.

2.Cost is low.

3.100% quality .

4.Demand is more

Weak Points:

1. Competition.

2.Maintenance cost is high.


Travelling agency:

Strengths:

Navanagar is the heart of the Bagalkot.

Sound finance.

Proper professional guiders,maps,periodicals etc.

Habits.

Maintaining with security.


Weaknesses:

• Season based.

• Improper roads.


Selecting an alternative

Analysis of strengths and weakness of

alternatives ,we are giving to more priority about

strengths not at all about weak points because to

survive the business long run with the profit.

Our business is very nearer to Akshay

International Lodge and Restaurant obliviously

we are Switch on to them .


Formulating Supporting Plans Natural Resources

* Climate-seasons

* Water resources-lakes, streams, waterfall * Geological resources-topography, soils, sand dunes, beaches, caves, rocks & minerals, fossils * Scenery-combinations of all of the above Cultural Resources

* Historic buildings, sites * Monuments, shrines * Industry, government, religion, etc. * Local celebrities


Human Resources:

* Hospitality skills

* Management skills

* Infrastructure-transportation roads, airports,

railroads, walkways

* Infrastructure: utilities water, power, waste

treatment, communications


Numberizing plans by making budgets

Once we have decided on one or more budgets we must

answer certain questions about each before making final

draft, the questions are

*can we make it ?

*Can we sell it?

*can we earn from if?

Then only business run smoothly.


FIXED CAPITAL

Si no particulars period amount

1 Land/building 1 year 1,75,000

2 Machinery/equipment

1year 55,000

3 Furniture and fixtures

1year 25,000

4 Total 2,50,000

Business Plan or Budget


Working capital:-

Si no particulars period Amount

1 Utilities 1 year 55,000

2 Wages/salaries

1year 75,000

3 Other 1year 50,000

4 Total 1,70,000


Total cost of project

Si No Particulars Period Amount

1 Fixed capital 1 Year 2,50,000

2 Working capital

1 Year 1,70,000

3 Preliminary expenses

1Year 15,000

4 Total 4,20,000

1 year


Means of finance

Si no particulars period amount

1 Term loan 1 year 15,000

2 Working capital loan

1 year 5,000

3 Own investment

1 year 1,00,000

4 Total 1,20,000


Profitability Analysis

Particulars Amount

Sales revenue 6,00000

Fixed capital 2,50,000

Working capital 1,70,000

Interest (12.5%) 75,000

Gross Profit 1,05,000

Income tax 25,000

Net profit 80,000


Conclusion

Finally we conclude that Travelling Agency

is the best alternative to start new business in

Bagalkot with great support of business

planning process.


Open For Queries


Business planning PPT of Mamagement Behavioural Process MBA

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