Vintiha - Iam Mrudula.iam mother of two angels. I use this blog to share my experiences and views on different things like small scale business ideas, kids,recipes,music,Pujas etc.
Showing posts with label BusinessIdeas. Show all posts
Showing posts with label BusinessIdeas. Show all posts
Sunday, October 9, 2011
mrudula's cattle farm
Wednesday, June 22, 2011
Colony tuitions and Activity center- Business idea
This is good business idea for home maker/house wives.
To take up tuitions we should have atleast 1 year of teaching experience in some school.So that it will be easy to know subjects, syllabus, books referred or followed by students. In our colony @ Hyderabad, they are charging 300 to 500 from 1st to 5th standard students. Some teach for higher classes and some are not, as it is bit difficult to control higher class students and need more time to teach them as they will have more syllabus and subjects.
Tuition timings should be around 2 hours. 4:30 to 6:30 for lower classes and 6:30 to 8:30 for higher classes. Even if we get around 30 students then it will give us around 12000 to 15000/- per month.
If we take two rooms for rent then we can use one for tuitions and another for aciivity center. In this we will conduct dance, music, drawing and playing classes from 4:30 to 8:30. We need to have a contract with these teachers, so that we can book them for one year and our business will not get disturbed.We should give them 50% of each student fee to them and rest to us. For these classes fees are bit higher than tution fees. For dance it would be around 600/-, for music 400/-,for drawing 600/-, for playing-500/-. We will conduct only 2 days a week. Each group if we consider 5 members for each activity then it would be around-20 students in one batch and including two other batches it will come around 60 students. If we take average fee then Montly we get 60x500=30,000 – 15000=15,000/-.
Tutions+activities class = 15000 +15000=30,000
Reduce your rental fee =30,000 -12,000/-(6000/- for each room)
Our income would be around 18,000/-
After two months definetly strength of the students increases as all activities at one place is not available any where. Then our profit will get doubled.
Ie is 48,000/- will be our saving per month after 3 months of starting business.
We need to maintain qualified and quality teachers. So that we will get good name and response from students. Once we develop brand name, we can open branches at different colonies.
To take up tuitions we should have atleast 1 year of teaching experience in some school.So that it will be easy to know subjects, syllabus, books referred or followed by students. In our colony @ Hyderabad, they are charging 300 to 500 from 1st to 5th standard students. Some teach for higher classes and some are not, as it is bit difficult to control higher class students and need more time to teach them as they will have more syllabus and subjects.
Tuition timings should be around 2 hours. 4:30 to 6:30 for lower classes and 6:30 to 8:30 for higher classes. Even if we get around 30 students then it will give us around 12000 to 15000/- per month.
If we take two rooms for rent then we can use one for tuitions and another for aciivity center. In this we will conduct dance, music, drawing and playing classes from 4:30 to 8:30. We need to have a contract with these teachers, so that we can book them for one year and our business will not get disturbed.We should give them 50% of each student fee to them and rest to us. For these classes fees are bit higher than tution fees. For dance it would be around 600/-, for music 400/-,for drawing 600/-, for playing-500/-. We will conduct only 2 days a week. Each group if we consider 5 members for each activity then it would be around-20 students in one batch and including two other batches it will come around 60 students. If we take average fee then Montly we get 60x500=30,000 – 15000=15,000/-.
Tutions+activities class = 15000 +15000=30,000
Reduce your rental fee =30,000 -12,000/-(6000/- for each room)
Our income would be around 18,000/-
After two months definetly strength of the students increases as all activities at one place is not available any where. Then our profit will get doubled.
Ie is 48,000/- will be our saving per month after 3 months of starting business.
We need to maintain qualified and quality teachers. So that we will get good name and response from students. Once we develop brand name, we can open branches at different colonies.
Tuesday, June 21, 2011
cost cutting methods for small scale business
Cost cutting should be done based on our companies requirements and future plans.
1. check in which area/ dept you don’t see growth in future / least important to your business. Try to dissolve that dept.
2. check for redundant employees in the company. We doesn’t need to take up the cost of redundant employees.
3. If we are in the process of cost cutting, do it immediately. If we take time to do it, it will become much more burden to us.
4. If we are in the plan of removing a team/dept, think whether their skill set suites to other projects(if required). So that indirectly it reduces the cost of recruiting new employees.
5. Main burden for small scale business is office rent. If you think that this much big office is not required for next 2 yrs. Then move to smaller one in the same building/ nearest to the current one, so that employees don’t suffer.
6. If you can make your office into two divisions then go for it and give 30% of your office space for lease.
7. If you have parking space, give it for rent.If it’s a rental one decrease parking size.
8. check whether systems, lights,fans, A.Cs are switched off when not used.
9. Some time situations occur to do this. don’t need to have revenues but should get profits.
10. We need to look for diversification of our company.
11. Don’t depend on single project (feelings like “this project is my brain child, I doesn’t want to take up any other projects”. should be avoided). Try to look into all profitable projects.
Once cost cutting is done, explain to employees why these things have done, growth of the company and future plans and projects of the company including profits of the company. This gives confident to employees that they are safe and company is in good condition.
After implementing cost cutting methods, try to introduce some less cost benefits to existing employees so that they won’t feel bad about our company.
These things should not be done in cost cutting-
1. Should not cut current benefits we are giving to employees. This effects all the employees instead we can dissolve unwanted employees.
2. Don’t compromise on basic needs like office cleanliness, purified drinking water, electricity etc.
3. Don’t sell out unused systems and furniture. These are most wanted and one time investments.
4. Don’t touch key employees and don’t make them involve in cost cutting as it may hurt them and may try for other opportunities. Inform just an hour or day before and tell them that they need not worry about this process and it will not affect them.
1. check in which area/ dept you don’t see growth in future / least important to your business. Try to dissolve that dept.
2. check for redundant employees in the company. We doesn’t need to take up the cost of redundant employees.
3. If we are in the process of cost cutting, do it immediately. If we take time to do it, it will become much more burden to us.
4. If we are in the plan of removing a team/dept, think whether their skill set suites to other projects(if required). So that indirectly it reduces the cost of recruiting new employees.
5. Main burden for small scale business is office rent. If you think that this much big office is not required for next 2 yrs. Then move to smaller one in the same building/ nearest to the current one, so that employees don’t suffer.
6. If you can make your office into two divisions then go for it and give 30% of your office space for lease.
7. If you have parking space, give it for rent.If it’s a rental one decrease parking size.
8. check whether systems, lights,fans, A.Cs are switched off when not used.
9. Some time situations occur to do this. don’t need to have revenues but should get profits.
10. We need to look for diversification of our company.
11. Don’t depend on single project (feelings like “this project is my brain child, I doesn’t want to take up any other projects”. should be avoided). Try to look into all profitable projects.
Once cost cutting is done, explain to employees why these things have done, growth of the company and future plans and projects of the company including profits of the company. This gives confident to employees that they are safe and company is in good condition.
After implementing cost cutting methods, try to introduce some less cost benefits to existing employees so that they won’t feel bad about our company.
These things should not be done in cost cutting-
1. Should not cut current benefits we are giving to employees. This effects all the employees instead we can dissolve unwanted employees.
2. Don’t compromise on basic needs like office cleanliness, purified drinking water, electricity etc.
3. Don’t sell out unused systems and furniture. These are most wanted and one time investments.
4. Don’t touch key employees and don’t make them involve in cost cutting as it may hurt them and may try for other opportunities. Inform just an hour or day before and tell them that they need not worry about this process and it will not affect them.
Friday, June 17, 2011
Hoardings business idea
Hoarding business works something like this.
To set up Hoardings we need to have municipality permission. We need to give our hoardings place and size to them. Once we get license we can keep ads on our hoardings. Otherwise we can buy hoardings at different locations. Minimum I guess one hoarding would be around Rs.40,000/- and it ranges to some lakhs based on the area and size. Once we buy and get license to keep hoardings, we need to work on getting ads. We need to have marketing people to get ads for our hoardings. Customers give us images of their ads. We will prepare posters according to their requirements and will fix to hoardings. customers will pay us montly rent for having their ads in our hoardings. Rent amount would be based on the hoarding area and size. Some people take contract for months to put their ad. Some pays on monthly basis.
In this business we need to takecare of marketing guys to bring ads, should be incontact with posters printers and need to maintain hoarding(screws tightening, rust free etc). in rainy and windy season maintainance cost would be bit more as trees would fall and damage our hoardings.
To set up Hoardings we need to have municipality permission. We need to give our hoardings place and size to them. Once we get license we can keep ads on our hoardings. Otherwise we can buy hoardings at different locations. Minimum I guess one hoarding would be around Rs.40,000/- and it ranges to some lakhs based on the area and size. Once we buy and get license to keep hoardings, we need to work on getting ads. We need to have marketing people to get ads for our hoardings. Customers give us images of their ads. We will prepare posters according to their requirements and will fix to hoardings. customers will pay us montly rent for having their ads in our hoardings. Rent amount would be based on the hoarding area and size. Some people take contract for months to put their ad. Some pays on monthly basis.
In this business we need to takecare of marketing guys to bring ads, should be incontact with posters printers and need to maintain hoarding(screws tightening, rust free etc). in rainy and windy season maintainance cost would be bit more as trees would fall and damage our hoardings.
Tuesday, June 14, 2011
Magazines door delivery business idea
Hope you might have come across this busniess.
How it works:
Monthly we rotate magazines of our choice or customer choice to each flat in the apartment with minimum deposit of 100/- and montly charges of 150/-.
Each member can hold the magazine for around one week and they can take two magazines at a time. As telugu magazines and novel are of less cost I kept less deposit and charges. If you would like to keep English and hindi, you can increase your changers and deposit based on your locality and customers.
We will rotate these magazines on weekly basis in different apartments in different areas in a city.
The same method can be extend to toys for kids. Business plan would be same as my toys library, but here we don’t need to rent a room/apart and no maintenance fuss. We rotate toys in each apartment. As toys are costlier than books we charge more monthly and admission fee than magazines.
How it works:
Monthly we rotate magazines of our choice or customer choice to each flat in the apartment with minimum deposit of 100/- and montly charges of 150/-.
Each member can hold the magazine for around one week and they can take two magazines at a time. As telugu magazines and novel are of less cost I kept less deposit and charges. If you would like to keep English and hindi, you can increase your changers and deposit based on your locality and customers.
We will rotate these magazines on weekly basis in different apartments in different areas in a city.
The same method can be extend to toys for kids. Business plan would be same as my toys library, but here we don’t need to rent a room/apart and no maintenance fuss. We rotate toys in each apartment. As toys are costlier than books we charge more monthly and admission fee than magazines.
How you are handling your company
Are you in a safe position to run your small scale company
If you could answer below questions for yourself then I can say you are going in right direction..
1. Do you have backup of your manager? (if his back up is you then its well and good)
2. Do you have backup of your sales manager? If not do you know who are your customers and status of the deals with them?
- we should always have back up for marketing heads as they are the ones who are going to get us money.
3. Do you have an idea where and which servers your code and data base is stored?
4. Are you controlling your manager or your manager is controlling you?
5. are you aware of what information is passing to your employees by top managers?
6. Are you having daily touch up calls with your managers?
7. do you have trust worthies to pass on office information on floor
8. do you have alternatives if your core and foremost employer resigns with out notice?
9. Are you following formal and legal procedures in managing employee payments and etc
10. are you have back up plan/ process to retain your top employers.
11. How frequently you meet your employees and employers and giving them statistics of your company. Its better to be transparent unless it is confidential.
If you could answer below questions for yourself then I can say you are going in right direction..
1. Do you have backup of your manager? (if his back up is you then its well and good)
2. Do you have backup of your sales manager? If not do you know who are your customers and status of the deals with them?
- we should always have back up for marketing heads as they are the ones who are going to get us money.
3. Do you have an idea where and which servers your code and data base is stored?
4. Are you controlling your manager or your manager is controlling you?
5. are you aware of what information is passing to your employees by top managers?
6. Are you having daily touch up calls with your managers?
7. do you have trust worthies to pass on office information on floor
8. do you have alternatives if your core and foremost employer resigns with out notice?
9. Are you following formal and legal procedures in managing employee payments and etc
10. are you have back up plan/ process to retain your top employers.
11. How frequently you meet your employees and employers and giving them statistics of your company. Its better to be transparent unless it is confidential.
Monday, June 13, 2011
cows cattle farm- business idea / plan
Agriculture farm
Investment:
One time investment:
Cows:10 4,50,000 (45000 each cow x 10)
Buffalos :5 2,00,000
Grass area for lease : 5000 per yr for 3 acres
Water supply: 30,000 – boring + pipe lines
Milk machine: 10,000
Tractor : 1,00,000
Electric line +shed cost: 10,000
Msc(milk cans, buckets, etc) 5000
8,00,000/-
Montly cost:
Extra eating material for cows: 2000 - Thavudu etc
Employees Working at shed: 6000 – (3 x 2000 each +yearly min profits share)
Electricity bill (bore water+lights) 1000
Cows insurance cost: 1500 -(15 x 100/- per month)
Petrol : 1000
Msc: 1000
13,000
Monthly income:
Each cow gives 15 l average : 3375/--(15l x 15 =225 x 15 /- = 3375 /-)per day
101250 - (3375 x 30 =101250) per month
101250 – 20,000(monthly expenses) = 80,000/- per month
Break even month:
10th month would be our break even month – 80,000 x10 = 8,00,000 /-
Cows takes 9 months to deliver and get eligible for giving birth after 24 months of its age. So after 1 yr we can expect atleast 2 calves (baby cows). But they don’t give milk for 2 yrs.
Cows starts giving milk only after given birth to atleast one calf. So we need to buy cows which give milk(means which has given birth to atleast one baby).
Cows will not produce milk when they are pregnant.
So, if calves are there, we need to feed them for 2 yrs (need to investment here)
If cows are pregnant. Income will decrease as they don’t give milk for 9 months.
After 1 year:
Think that per month we are getting 80,000/- for whole year – 80,000 x 12 = 9,60,000.
Think that we got two calves – 2 ( 2 cows didn’t given milk for 9 months) – 9,60,000 – 1,21,500(15 l x 2 cows = 30 l per day = 30 x 15/- = 450/- per day=450 x30 = 13500 x 9 months= 121500) =8,40,000
Think that two are currently pregnant – they don’t give milk for next 9 months = 8,40,000 – 1,21,500 =7,20,000/-
S0, in first yr we get only 7,00,000 /-.
In 3rd and 4th yrs:
These 4 calves start giving milk, so we can expect 10,00,000/- per annum as income, even though we follow above structure of having 2 calfs and 2 pergnant cows.
Share holder’s share:
Lets think we are giving share to only two persons who are really working hard at farm.
1st yr:
1. name of the person - 15% x 7,00,000=1,00,000 – there will be no profits in first yr , but we need to give.
2. name of the person- 15% x 7,00,000= 1,00,000.
So, we get only 5,00,000/- in first year.
As first yr is not a profit yr for us. We can decrease first yr share percentage to only 9%. Or we can fix the amount in first yr as 50,000/- each.
2nd yr:
1. name of the person - 15% x 7,00,000=1,00,000 – there will be no profits in first yr , but we need to give.
2. name of the person- 15% x 7,00,000= 1,00,000.
Still we get only 5,00,000/- - this yr we are into profit of 2,00,000.
3rd yr:
In 3rd year, we have choice like, we can either increase our cows or sell if we can’t manage more than 15. if we sell two cows we get around 1,00,000/- more. If we buy two more cows, thru’ milk we get 1,00,000/- profit.
If the plan is to put 50 or 100 cows in second yr:
Think that we need one person for 10 cows (as we use milk machines).
we need minimum 5 persons, who need to concentrate fully on this work. We need to pay share percentage for 2 persons and better to give partnership to one person as we need somebody to feel that it is his business and 2 on monthly wage.
Income we get on 50 cows per yr –
50x15l = 750l x 15/- = 11250 x30 =3,37,500 per month.
Per annum: 3,37,500 x 12 = 40,50,000
Think that we will not get milk from 5 cows.
5x 15l= 75l x 15/- =1125 x 30 = 33750 per month.
Per annum: 33750 x 12 = 4,05,000
So, 40,50,000-4,05,000=36,45,000 per annum
Out of which we need to pay to insurance, think 1 lac then-35,45,000.
In this amount we need to give 15% share to 2 people. Then I will come to
35,45,000 – 11,00,000(5.3 lakhs each) = 24,81,000.
Deduct your maintenance cost and tax =7,00,000 . thus it will become 17,81,500/-
This will be our net approximately = 18,00,000
Buying cost of 50 cows= 50 x 45,000 = 22,50,000. you will get your investment only when you successfully complete 2 yrs.
Think that we were able to run only for 5 yrs:
18,00,000 x 5 = 90,00,000 + 24,75,000 (55x 45,000 - sale of 55 cows) = 1,14,75,000
Out of which deduct if you have taken loan and interest = think we have taken 10 lacs loan and it has become 12 lacs with interest and think 50% partnership you have given others. Then you will get –
1,14,75,000 – 12,00,000 = 1,02,75,000 x 50/100 = 51,37,500 /-
After 5 yrs 50 lakhs is the amount you get after investing 5,00,000 in this business.
Drawbacks:
1. labour- if labour is not turning up then its very difficult to clean, feed,taking milk and selling it to heritage guys.
2. management – trust worthy person should be there to manage your daily accounts
3. Jersey cows are very sensitive to climates, so we should take care of them very well like our babies.
Very profitable business:
Reasons: We do insurance for cows, so we will not be in any loss even if we loose cows.
When we doesn’t want to run the farm, then we will get back our invested amount by selling our cows, so no loss. From first day onwards we get money through milk, in which business we get returns from first day itself. Land lease,cost kept on building sheds, bore for water, rooms to store feed may be extra cost for us.
Investment:
One time investment:
Cows:10 4,50,000 (45000 each cow x 10)
Buffalos :5 2,00,000
Grass area for lease : 5000 per yr for 3 acres
Water supply: 30,000 – boring + pipe lines
Milk machine: 10,000
Tractor : 1,00,000
Electric line +shed cost: 10,000
Msc(milk cans, buckets, etc) 5000
8,00,000/-
Montly cost:
Extra eating material for cows: 2000 - Thavudu etc
Employees Working at shed: 6000 – (3 x 2000 each +yearly min profits share)
Electricity bill (bore water+lights) 1000
Cows insurance cost: 1500 -(15 x 100/- per month)
Petrol : 1000
Msc: 1000
13,000
Monthly income:
Each cow gives 15 l average : 3375/--(15l x 15 =225 x 15 /- = 3375 /-)per day
101250 - (3375 x 30 =101250) per month
101250 – 20,000(monthly expenses) = 80,000/- per month
Break even month:
10th month would be our break even month – 80,000 x10 = 8,00,000 /-
Cows takes 9 months to deliver and get eligible for giving birth after 24 months of its age. So after 1 yr we can expect atleast 2 calves (baby cows). But they don’t give milk for 2 yrs.
Cows starts giving milk only after given birth to atleast one calf. So we need to buy cows which give milk(means which has given birth to atleast one baby).
Cows will not produce milk when they are pregnant.
So, if calves are there, we need to feed them for 2 yrs (need to investment here)
If cows are pregnant. Income will decrease as they don’t give milk for 9 months.
After 1 year:
Think that per month we are getting 80,000/- for whole year – 80,000 x 12 = 9,60,000.
Think that we got two calves – 2 ( 2 cows didn’t given milk for 9 months) – 9,60,000 – 1,21,500(15 l x 2 cows = 30 l per day = 30 x 15/- = 450/- per day=450 x30 = 13500 x 9 months= 121500) =8,40,000
Think that two are currently pregnant – they don’t give milk for next 9 months = 8,40,000 – 1,21,500 =7,20,000/-
S0, in first yr we get only 7,00,000 /-.
In 3rd and 4th yrs:
These 4 calves start giving milk, so we can expect 10,00,000/- per annum as income, even though we follow above structure of having 2 calfs and 2 pergnant cows.
Share holder’s share:
Lets think we are giving share to only two persons who are really working hard at farm.
1st yr:
1. name of the person - 15% x 7,00,000=1,00,000 – there will be no profits in first yr , but we need to give.
2. name of the person- 15% x 7,00,000= 1,00,000.
So, we get only 5,00,000/- in first year.
As first yr is not a profit yr for us. We can decrease first yr share percentage to only 9%. Or we can fix the amount in first yr as 50,000/- each.
2nd yr:
1. name of the person - 15% x 7,00,000=1,00,000 – there will be no profits in first yr , but we need to give.
2. name of the person- 15% x 7,00,000= 1,00,000.
Still we get only 5,00,000/- - this yr we are into profit of 2,00,000.
3rd yr:
In 3rd year, we have choice like, we can either increase our cows or sell if we can’t manage more than 15. if we sell two cows we get around 1,00,000/- more. If we buy two more cows, thru’ milk we get 1,00,000/- profit.
If the plan is to put 50 or 100 cows in second yr:
Think that we need one person for 10 cows (as we use milk machines).
we need minimum 5 persons, who need to concentrate fully on this work. We need to pay share percentage for 2 persons and better to give partnership to one person as we need somebody to feel that it is his business and 2 on monthly wage.
Income we get on 50 cows per yr –
50x15l = 750l x 15/- = 11250 x30 =3,37,500 per month.
Per annum: 3,37,500 x 12 = 40,50,000
Think that we will not get milk from 5 cows.
5x 15l= 75l x 15/- =1125 x 30 = 33750 per month.
Per annum: 33750 x 12 = 4,05,000
So, 40,50,000-4,05,000=36,45,000 per annum
Out of which we need to pay to insurance, think 1 lac then-35,45,000.
In this amount we need to give 15% share to 2 people. Then I will come to
35,45,000 – 11,00,000(5.3 lakhs each) = 24,81,000.
Deduct your maintenance cost and tax =7,00,000 . thus it will become 17,81,500/-
This will be our net approximately = 18,00,000
Buying cost of 50 cows= 50 x 45,000 = 22,50,000. you will get your investment only when you successfully complete 2 yrs.
Think that we were able to run only for 5 yrs:
18,00,000 x 5 = 90,00,000 + 24,75,000 (55x 45,000 - sale of 55 cows) = 1,14,75,000
Out of which deduct if you have taken loan and interest = think we have taken 10 lacs loan and it has become 12 lacs with interest and think 50% partnership you have given others. Then you will get –
1,14,75,000 – 12,00,000 = 1,02,75,000 x 50/100 = 51,37,500 /-
After 5 yrs 50 lakhs is the amount you get after investing 5,00,000 in this business.
Drawbacks:
1. labour- if labour is not turning up then its very difficult to clean, feed,taking milk and selling it to heritage guys.
2. management – trust worthy person should be there to manage your daily accounts
3. Jersey cows are very sensitive to climates, so we should take care of them very well like our babies.
Very profitable business:
Reasons: We do insurance for cows, so we will not be in any loss even if we loose cows.
When we doesn’t want to run the farm, then we will get back our invested amount by selling our cows, so no loss. From first day onwards we get money through milk, in which business we get returns from first day itself. Land lease,cost kept on building sheds, bore for water, rooms to store feed may be extra cost for us.
Toys library business idea / plan
Vintiha – Kids toys and books library.
Investment Plan:
Rent single bed room flat – 5000/- per month
This house will accommodate around 50 students at a time.
Number of staff – 3
Aaya – 500/- (just for cleaning)
Teacher – 2000/- part time (4 to 8 PM),
Shelfs and books –
3 shelfs – 1 for toys, 1 for books, 1 to keep kids belongings.
3 shelfs – 15000/- (one time investment)
Minimum books – 200 (initially) – 200 x 200 ~ 50,000
Toys – 5000 /-
Benches and carpets(no chairs pls) –
Two big carpets – 1200/-
Two short and long benches to sit down and study(initially) – 1000/-
Library software for maintenance – if required
Total will come around 1 lac -1.5 lacs.
Operation plan:
Admission fee (not refundable) – 750 /- ( for 1 yr)
Maintenance fee – 250 /- (used if any books or toys are torn)
Monthly fee – 300/- per hr for 3 times a week.
Age group – 3 to 5 , 6 to 8, 9 to 15.
Timmings – 4 pm to 8 pm. Can choose their own one hour time slot.
Marketing Plan:
1. pamplets initially to our colony people – 1000/- investment (will put in newspapers)
2. pasted posters at schools – 2000/- (near by school to our library)
Break even time :
1st month – no children( need to put from pocket)
2nd month – children – 5 (1000 x 5) – will come for rent.
3rd month - children – 10 - 5000+1500 = 6500 – will come for rent and teacher
4th month – children – 10 (same 10 ) = only 3000 – will not come for anything (need to put from pocket 5000/-)
After 6 or 8 months – 50 students – 300 x 50 = 15000 - we can buy new toys and book for 5000/-
After one yr -50 in each slot – 150 x 500(fees increased after 1 yr) – 75,000, so nice na.
Full 6 days – 300 x 500- 1,50,000/- (o my god….great to hear)
Slowly increase time slots – 3 to 4 pm(6 days – 30 students per slot)- 200 x 500 – 1,00,000. vowww
Fully developed –
200 x 500 (for 50 students in 4 slots- for 3 days) – 1,00,000/-
200 x 500 (for next 3 days) – 1,00,000/-
We will get around 2,00,000/- per month, after tax and maintenance, we get 1,50,000/-.
Is it not good ! minimum maintenance and lot of zeal is enough to run this library ..
Slowly input activities –
1. outing to Zoo – use van
2. outing to Park - Per head ~100/-
3. Painting competition – participation fee – 50/- ( for library members – 30)
4. fancy dress competition – participation fee – 50/-
Investment Plan:
Rent single bed room flat – 5000/- per month
This house will accommodate around 50 students at a time.
Number of staff – 3
Aaya – 500/- (just for cleaning)
Teacher – 2000/- part time (4 to 8 PM),
Shelfs and books –
3 shelfs – 1 for toys, 1 for books, 1 to keep kids belongings.
3 shelfs – 15000/- (one time investment)
Minimum books – 200 (initially) – 200 x 200 ~ 50,000
Toys – 5000 /-
Benches and carpets(no chairs pls) –
Two big carpets – 1200/-
Two short and long benches to sit down and study(initially) – 1000/-
Library software for maintenance – if required
Total will come around 1 lac -1.5 lacs.
Operation plan:
Admission fee (not refundable) – 750 /- ( for 1 yr)
Maintenance fee – 250 /- (used if any books or toys are torn)
Monthly fee – 300/- per hr for 3 times a week.
Age group – 3 to 5 , 6 to 8, 9 to 15.
Timmings – 4 pm to 8 pm. Can choose their own one hour time slot.
Marketing Plan:
1. pamplets initially to our colony people – 1000/- investment (will put in newspapers)
2. pasted posters at schools – 2000/- (near by school to our library)
Break even time :
1st month – no children( need to put from pocket)
2nd month – children – 5 (1000 x 5) – will come for rent.
3rd month - children – 10 - 5000+1500 = 6500 – will come for rent and teacher
4th month – children – 10 (same 10 ) = only 3000 – will not come for anything (need to put from pocket 5000/-)
After 6 or 8 months – 50 students – 300 x 50 = 15000 - we can buy new toys and book for 5000/-
After one yr -50 in each slot – 150 x 500(fees increased after 1 yr) – 75,000, so nice na.
Full 6 days – 300 x 500- 1,50,000/- (o my god….great to hear)
Slowly increase time slots – 3 to 4 pm(6 days – 30 students per slot)- 200 x 500 – 1,00,000. vowww
Fully developed –
200 x 500 (for 50 students in 4 slots- for 3 days) – 1,00,000/-
200 x 500 (for next 3 days) – 1,00,000/-
We will get around 2,00,000/- per month, after tax and maintenance, we get 1,50,000/-.
Is it not good ! minimum maintenance and lot of zeal is enough to run this library ..
Slowly input activities –
1. outing to Zoo – use van
2. outing to Park - Per head ~100/-
3. Painting competition – participation fee – 50/- ( for library members – 30)
4. fancy dress competition – participation fee – 50/-
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