SUBMITTED BY:-1. CHETAN DAS (0601212524)2. SWAPNA SOURAV ROUT(0601212531)3. SARIT KUMAR SI (0601212533)4. JAYANT KUMAR MUDULI(0601212514)5. SAOURAV PRASAD KANUNGO (0601212527)

WHAT IS ENTREPRENEURSHIP ?

Entrepreneurship is the attitude of mind to seek opportunities, take calculated risks and derive benefits by setting up a venture.

It comprises of numerous activities involved in conception, creation and running an enterprise.

Entrepreneurship can be described as a process of action, an entrepreneur undertakes to establish his enterprise.

WHO IS AN ENTREPRENEUR ?

Entrepreneurs are innovators who come up with new ideas for products, markets or techniques.

To put it very simply an entrepreneur is someone who perceives opportunity, organizes resources needed for exploiting that opportunity and exploits it.

A person who takes the initiative in combining land, labour and capital, the three fundamental factors of production, to produce a good or service.

PROJECT PROFILE  NAME OF PROJECT/PRODUCT: ICE PLANT/ICE   PRODUCTION CAPACITY Ice block of 120 kg, 60 no. of ice blocks/day 7.2 tonnes in every 24 hours (or per day)

@ M.C (Manufacturing Cost) Rs. 0.70/kg.

@ S.P (Selling Price) Rs. 1.80/kg.Annual production approx. 2600 tons, sale = Rs 1.80 x 2600 x 1000 Annual sale = Rs. 46,80,000

MARKETING SLOGAN

“OUR ICE FOR YOUR COOL LIFE”

FINANCIAL ASPECT

Land

Land -20,000 sq.ft.@Rs.175/Sq.ft 32,00,000/-

Shed area: 3,000 sq.ft @ Rs. 350/sq. ft 10,50,000/- Boring with waterpump 80,000/- Overhead tank 10,000/-

total= 43,40,000/-

PLANT AND MACHINERY

1.Ammonia compressor , 2 Qty = 6,00,000/-

2.75 HP Motor ,2Qty = 1,60,000/- (1440 RPM 3 phase, 50 cycle 400/440 volts)

3. Evaporative Coils = 1,40,000/-

4. Ammonia Receiver,1 Qty = 50,000/-

5. Atmospheric type condensor, 8 set = 2,00,000/-

6. Other expenses = 20,07,200/- 31,57,200/-

COST OF PRODUCTION (PER ANNUM)

Total recurring expdr. and other civil construction = 12,02,000/-

Dep.on shed @ 5% = 52,500/-

Dep. On machinery @ 10% = 2,63,100/-

pipe line works @ 20% = 5,000/-

Interest on total invt. @ 12.5% = 9,47,500/-

Rs. 24,70,000/- 

TURNOVER (PER YEAR)  

Ice block of 120 kg, 2600 ton. @ Rs.1.80/kg.(turnover) = 46,80,000/-

PROFIT: 46,80,000 - 24,70,000 = 22,10,000/-

PROFIT RATIO = Profit x 100 = 22,10,000x100 = 47.22 % Turnover 46,80,000

 RATE OF RETURN = profit x 100 = 22,10,000x100 = 29.15% Investment 78,69,500

BREAK EVEN ANALYSIS: 

Fixed cost:

Total Depreciation = 3,20,600Interest on capital invt. = 9,47,50040% Annual salary = 1,87,20040% other expr. Except insurance = 33,600Insurance and taxes = 12,000 15,00,900

BREAK EVEN POINT = Fixed cost x 100 = 40.44 % Fixed cost + profit

MARKET COMPETITORS

Mahadev Ice Plant

Chandrashekharpur Ice Plant

Narula Ice Plant

Bhubaneswar Ice Factory

MARKET PROSPECTS

Fisheries

Hospitals

Chemicals

Pharmaceuticals

Marine

CONCLUSION

The main reason for planning for establishment of ice manufacturing firm is because it is highly profitable, it has lower capital investment.

Therfore, money invested can be recovered quickly and high profits can be released within a couple of years of setting of the business.

This project will be successfully implemented within the 3 months after approval of concerned authorities. The commercial production from the unit may be started within 6 months of approval if everything goes right.

THANK YOU