Professional Documents
Culture Documents
Presented To:
Prof. Hafiz Abdur Rasheed
Professor
Hailey College of Commerce
University of the Punjab, Lahore.
May 20, 2015
Presented By:
Saeed Ahmad
BC11- 634
B.Com (Hons)
Semester: Eight (8th)
Session: 2011-2015
Hailey College of Commerce
University of the Punjab, Lahore.
Acknowledgement
I started and finished internship by the grace of ALMIGHTY ALLAH (AZA WA
JAL). Without the kindness and the mercy of ALMIGHTY ALLAH (AZA WA JAL) I
cant able to do any kind of work. I would like to express my heartiest gratitude to
Mr. Nouman Ali (Accounts Officer), who is busy person but he guided me with full
concentration and commitment. He never scolded on mistakes but taught that
what is right and wrong.
Also, I am especially thankful to Mr. Muhammad Sikandar Area Sales Manager,
who guided me throughout the internship and being an old Hailian encourage me
a lot. Im also really very thankful to Mr. Tahir Nazir (Business Development
Manager) for his support, information, co-operation, advice to complete my
internship report. I would like to thank all of them for their constant
encouragement, warm response and for filling every gap with valuable ideas that
has made this report successful.
The employees of this company were also very cooperative and give full respect
to me during the period of internship.
Executive Summary
This internship report is focused on information collection and fact finding in the
working of promoting and providing agricultural inputs like seeds, fertilizers,
3
pesticides, tractors, agricultural implements, diesel etc. I learn all the processes
of the organization.
Doing internship in Arimall Private Limited was a great experience for me. People
there were so cooperative and they guided me a lot in every aspect of my work. I
was sent to the different departments and there I learnt different things from the
experience of people working over there.
Agrimall is the project of Ali Akbar Group and boards of directors of Ali Akbar
Group are:
Chairman
Major Retired Ijaz Muhammad Khan
Senior Director
Ch. Shafat Ahmad Khan
Director Seeds
Ahsan Akbar Khan
Director AAE
Ausaf Akbar Khan
Management plays a vital role for the development of the organization. Management of
the organization as follows which is utilizing the resources in an efficient way
Mr. Afaq Tiwana (CEO Agrimall)
Mr. Asif Latif Lone (GM Projects)
Mr. Irfan Hussain (GM Finance)
Mr. Malik Farooq Ahmad (GM Sales & Marketing)
Mr. Tahir Nazir (Business Development Manager)
Mr. Muhammad Sikandar (Area Sales Manager)
Mr. Saood Ahmad (Accounts Manager)
Mr. Muhammad Nouman (Accounts Officer)
Table of Contents
Page No.
Organization structure23-38
Organizational hierarchy chart
Number of employees
Head Offices
Introduction of all departments
Prospecting
Franchises Profile
Comments on the organizational structure
Plan of My Internship39-40
A brief introduction of the branch/head office where I did my
internship
Starting and ending dates of my internship
Names of the departments in which I got training and duration of my
training.
Training Program.40-43
Detailed description of the operations/activities performed by the
department(s) in which I worked.
Financial Statements59-63
Balance Sheet
managing
of
accounts
and
finances,
license
agreements,
arrangements for building of facilities, SOP`s and system support is handled and
managed through Agrimall`s corporate/ regional offices and its field staff. The
contractual agreement between the Agrimall and the operator is called the
FRANCHISE. From here onwards Agrimall is referred to as FRANCHISOR
and the operator as the FRANCHISEE.
Our Mission
To help farmers, maximize their productivity and profitability through a formal &
efficient network for Agriculture inputs, products & services; all under one roof at
AGRIMALL.
Our Vision
To be the best agricultural network in Pakistan, dedicated to serving the farmers
and helping our business partners to achieve excellent returns on investment. To
deliver consistent growth by introducing new ideas, and to consistently
strengthen the AGRIMALL brand.
Our Values
To provide leadership, team work, quality & continuous improvement support to
our business partners with high energy, passion, integrity and enthusiasm.
10
Products
Pesticides
11
Crown 70 WS
Pujing 10 EC
RootMost Tonic
Top 330 33 EC
Carbendazim 50 WP
Pilot 4G
Cure 1.8 EC
Rani 20 SI
Saomanging 15 EC
Triazophos 40 EC
Clipper 50 WP
Sitara 25 WP
Helmet 40 EC
Relax 50 EC
Selector 40 EC
Weedout 40 EC
Furan 3G
Thiophenate Methyl
Leopard 2.5 EC
Resham 10 EC
Timer 1.9 EC
Carbaryl 85 % SP
Manthane 80 WP
12
MF-240
MF-260
MF-350
MF-375
MF-385
MF-385 4WD
Agricultural Implements
Chisel Plough
[MT-01]
Disc Plough
[MT-765]
[MT-02(M)]
[MT-02(H)]
Tin Tillers
[MT-38/9 tines]
Tin Tillers
[MT-38/11 tines]
Tin Tillers
[MT-38/13 tines]
[MT-03(M)]
[MT-03(H)]
Ridger
Front Blade
Front Blade
[MT-21]
Agricultural Loader
Agricultural Loader
Agricultural Loader
Agricultural Loader
13
Farm Trailer
Farm Trailer
[MT-15]
Jib Crane
[MT-16]
[MF-815]
Fertilizers
Urea
DAP
Zorawar
Zarkhez
Zingro
14
15
st of Agrimall Franchisees
r
.
Cod
e
No.
Tehsil
District
PSO
Division
Agrimall
Region
Location
Burewala
Vehari
Sahiwal
South
1038
Shor Kot
Jhang
Faisalabad
North
2036
Renala Khurd
Okara
2746
Kabirwala
Khanewal
Multan
South
2126
Nankana
Sheikhupura
Lahore
Centre
1234
Gujranwala
Gujranwala
Gjuranwala
North
3018
Layyah
Layyah
D.I. Khan
South
1928
Chunian
Kasur
Lahore
Centre
2631
Muhammad Ilyas
Duniyapur
Lodhran
Bahawalpur
South
3140
Kot Addu
Muzaffar Garah
Multan
South
3222
Bahawalpur
Bahawalpur
Bahawalpur
South
2124
Nankana
Nankana
Lahore
Centre
2011
Okara
Okara
Sahiwal
Centre
1218
Wazirabad
Gujranwala
Gujranwala
North
1932
Pattoki
Kasur
Lahore
Centre
2322
Chichawatni
Sahiwal
Sahiwal
Centre
1242
Noushera
Virkan
Gujranwala
Gjuranwala
North
2314
Wasim Akhtar
Sahiwal
Sahiwal
Sahiwal
Centre
Sahiwal
Centre
16
O515
Ferozewala
Sheikhupura
Lahore
Centre
Sargodha
Sargodha
Faisalabad
North
2018
Okara
Okara
Sahiwal
Centre
3227
Nasir Mehmood
Bahawalpur
Bahawalpur
Bahawalpur
South
2135
Nankana
Nankana
Lahore
Centre
2140
Safdarabad
Sheikhupura
Lahore
Centre
2638
Dunya Pur
Lodhran
Bahawalpur
South
3427
Khan Pur
Rahim Yar
Khan
Bahawalpur
South
3220
Bahawalpur
Bahawalpur
Bahawalpur
South
1918
Kasur
Kasur
Lahore
Centre
Kot Momin
Sargodha
Faisalabad
North
1136
Gojra
T.T. Singh
Faisalabad
North
3353
Chishtian
Bahawalnagar
Sahiwal
South
1913
Kasur
Kasur
Lahore
Centre
1324
Pindi Bhattian
Hafizabad
Gujranwala
North
1013
Chinniot
Jhang
Faisalabad
North
2130
Sheikupura
Sheikupura
Lahore
Centre
O956
Jaranwala
Faisalabad
Faisalabad
North
O972
Jaranwala
Faisalabad
Faisalabad
North
2022
Depalpur
Okara
Sahiwal
Centre
2222
Burewala
Vehari
Sahiwal
South
1633
Ghulam Mustafa
Pasrur
Sialkot
Gjuranwala
North
1257
Kamonki
Gujranwala
Gjuranwala
North
1635
Pasrur
Sialkot
Gjuranwala
North
2715
Khanewal
Khanewal
Multan
South
17
Lodhran
Lodhran
Bahawalpur
South
1921
Chunian
Kasur
Lahore
Centre
1322
Pindi Bhattian
Hafizabad
Gujranwala
North
2028
Deepalpur
Okara
Sahiwal
Centre
1521
Malakwal
Mandi Bahudin
Jhelum
North
Nankana Sahib
Nankana Sahib
Lahore
Centre
Sargodha
Sargodha
Faisalabad
North
Bannu
Bannu
D.I. Khan
North
Malakwal
Mandi Bahudin
Jhelum
North
Pindi Bhattian
Hafizabad
Gujranwala
North
Pattoki
Kasur
Lahore
Centre
Sheikhupura
Sheikhupura
Lahore
Centre
Gojra
T.T. Singh
Faisalabad
Centre
2120
0516
4016
Lodhran
Kasur-Allabad Road, Theengmor
Pindi Bhattiyan-Chaniot Road, Pindi Bhattiyan
Zahir Abbas
1327
Hammad Bashir
2137
Pindi Bhattian
Hafizabad
Gujranwala
North
3016
Layyah
Layyah
D.I. Khan
South
Noushera
Virkan
Gujranwala
Gujranwala
North
1240
Irshad Ullah
1028
Mr.Tehzeeb Hussain
Jhang
Jhang
Faisalabad
North
2521
Multan
Multan
Multan
South
2150
Muridke
Sheikhupura
Gujranwala
North
1510
M B Din
M B Din
Jhelum
North
2713
Khanewal
Khanewal
Multan
South
3147
Kot Addu
Muzzaffar Garh
Multan
South
18
Shujabad
Multan
Multan
South
2138
Sheikhupura
Sheikhupura
Lahore
Centre
2230
Mailsi
Vehari
Sahiwal
South
0566
Kotmomin
Sargodha
Faisalabad
North
1916
Chunian
Kasur
Lahore
Centre
0555
Sahiwal
Sargodha
Faisalabad
North
1422
Kharrian
Gujrat
Jhelum
North
Hafizabad
Hafizabad
Gujranwala
North
Wazirabad
Gujranwala
Gujranwala
North
Sargodha
Sargodha
Faisalabad
North
2024
Depalpur
Okara
Sahiwal
Centre
O537
Bhalwal
Sargodha
Faisalabad
North
Cheechawatni
Sahiwal
Sahiwal
Centre
Deepalpur
Okara
Sahiwal
Centre
Kehror Pakka
Lodhran
Bahawalpur
South
Pindi Bhattian
Hafizabad
Gujranwala
North
2320
2027
Mushtaq Ahmed
0535
Liaqat Ali
Bhalwal
Sargodha
Faisalabad
North
2721
Jehanian
Multan
Multan
South
1512
Mandi Bahudin
Mandi Bahudin
Jhelum
North
Channiot
Jhang
Faisalabad
North
Rahim Yar
Khan
Rahim Yar
Khan
Bahawalpur
South
Hafizabad
Hafizabad
Gujranwala
North
3433
Makhdoom Afkar II
1316
19
Ferozewala
Sheikhupura
Lahore
Centre
2131
Sheikhupura
Shiekhupura
Lahore
Centre
1216
Wazirabad
Gujranwala
1312
Muhammad Fahad
Chaudhry Farhat Mehmood
Bhalli
Dr. Khurram Saigle & Prof. Dr.
Abdus Salam/ Al Nusrat
Agrimall
Miran Shah
South
Waziristan
Sialkot
Sialkot
Rahim Yar
Khan
Rahim Yar
Khan
Bahawalpur
3225
Bahawalpur
Bahawalpur
Bahawalpur
South
0717
Muhammad Iqbal
Khushsab
Khushab
Faisalabad
North
3441
Sadiqabad
Rahim Yar
Khan
Bahawalpur
South
0545
Mian Saif-Ur-Rehman
Shahpur
Sargodha
Faisalabad
North
0519
Sargodha
Sargodha
Faisalabad
North
2127
Nankana
Nankana
Lahore
Centre
0564
Asif Farrukh
Kot Momin
Sargodha
Faisalabad
North
4114
Sher Mohammad
Meeran Shah
North
Waziristan
D.I. Khan
North
3145
Kot Addu
Muzaffar Garah
Multan
South
0725
Nurpur Thal
Khushab
Faisalabad
North
1311
Hafizabad
Hafizabad
Gujranwala
North
5718
Mirpur Sakro
Thatha
Karachi
South
Dunniyapur
Lodhran
Bahawalpur
South
Dunniya-Jahanian Road
1721
Shakargarh
Narowal
Gujranwala
North
0570
Sargodha
Sargodha
Faisalabad
North
0562
Kot Momin
Sargodha
Faisalabad
North
9318
Usta
Mohammad
Jaffarabad
Sakkur
South
Usta Mohammad
Qila Saifullah
Qilla Saifulla
Quetta
South
Qilla Saifulla
1610
3435
Gujranwala
D.I. Khan
Gujranwala
North
North
North
South
Rahim Yar khan-Khanpur Road, Rahim Yar Khan
Abbas Nagar, Bahawalpur-Hasilpur Road
20
KalurKot
Bhakkar
Shakargarh
Narowal
Jaranwala
Faisalabad
Renala Khurd
Okara
Vehari
Vehari
D.I. Khan
South
North
Jarpal
North
Centre
South
South
Taulamba
Dormant Sites
1723
Rana Shahbaz
O964
2034
Mehmood ul Hassan
2216
2731
Mian Channu
Khanewal
2132
Sheikhupura
Sheikhupura
Lahore
Centre
1250
Kamoki
Gujranwala
Gujranwala
North
2026
Deepalpur
Okara
Sahiwal
Centre
O518
Sargodha
Sargodha
Faisalabad
North
2525
Multan
Multan
Multan
1930
Pattoki
Kasur
Lahore
2535
Shujabad
Multan
Gujranwala
Faisalabad
Sahiwal
Sahiwal
Multan
South
Centre
3345
Zia-Ur-Rehman Laleka
Daska
Sialkot
Haroon Abad
Bahawalnagar
Jand
South
Multan
1627
Sahiwal
South
Haroonabad
Attock
Islamabad
North
Deepalpur
Okara
Sahiwal
Centre
Okara
Okara
Sahiwal
Centre
Hafizabad
Hafizabad
Gujranwala
North
Sahiwal
Sahiwal
Sahiwal
Centre
Faisalabad
Faisalabad
North
Taunsa
D.G.Khan
Multan
South
Nankana
Nankana
Lahore
North
Gujranwala
Refund Cases
O154
2025
Maqsood Ahmed/Muhammad
Ahmed Khan/Rana Sajjad
2016
Muhammad Ashraf/Muhammad
affan
1310
2312
923
2828
Sajid Qaisrani
2125
Faisalabad
21
Malik Zubair
Lahore
Lahore
1936
Pattoki
Kasur
1313
Hahizabad
Hafizabad
2327
Muhammd Nadeem
Shahzad/Ch Arif
Sahiwal
Sahiwal
Fateh Jang
Attock
O152
Lahore
Centre
Centre
Gujranwala
North
Sahiwal
Centre
North
Fateh Jang
Lahore
Islamabad
22
Organizational Structure
Organizational hierarchy chart
23
Marketing Manager
Sales manager
Zonal Manager
24
Number of Employees
Agrimall Private limited is an Equal opportunity Employer and employs a staff of
around 235 with 20% being Females.
We firmly believe that only professional people can run a progressive
Organization and Implement it believes and philosophies. Our employees are
one of our most important assets and carefully tailored training programs are run
round the year for updating their knowledge and skills.
Head Office
LAHORE
Airline Housing Scheme, Khayaban-e-Jinnah, Lahore, Pakistan
Landline# +92 42 35183819-20
Landline# +92 42 35184722-23
Fax #
+92 42 35183821
Fax#
+92 42 35321324
Finance Department
Human Resource Department
Sales and Marketing (Business Development) Department
Construction Department
Administration Department
Banking Department
Research and Development Department
26
Finance Department
The Financial section of the organization will keep manual/electronic records of
money received and paid out by the organization. This information will then be
used to produce various financial statements for tax purpose and to comply with
legal requirements. The information will also be used to produce management
accounts to enable senior managers to plan and review business strategy.
Prospecting
Prospecting is process of short listing potentially eligible franchisees,
approaching them, sharing the information and convincing the entrepreneurs.
Franchise Appointment
Franchise selection and appointment in one of the critical success factors for
Agrimall. Particularly because this is a unique and innovation concept, it is
imperative that we bring into our team only the finest people who fit completely
with our vision and who will take the concept further rather than defeating its
purpose.
We will continuously expand operations, and bring the efficiencies in operating
methods. Continuous learning will take place as an ongoing process. The
assurance of quality customer service is going to be hallmark of Agrimall. Our
batch of franchisees will have a pivotal role to play.
28
Prospecting
Prospecting franchisees will come from three groups.
1. Existing Dealer network of Agrimall JV partners.
i. Engro dealer Network: these dealers have extensive agriculture
business experience, and are used to high quality standards and
practices set by ENGRO. They all have a high degree of faith in the
company they are working with, so will give assign a high credibility
to Agrimall being a JV company where ENGRO is partner.
ii. PSO: The PSO Franchise Holders are also good to Approach
because they are well versed with the benefits of the Franchise
system. They know it entails heavy investment both in terms of
finances and management, but the returns on investments is fairly
attractive.
iii. Ali Akbar Group distributor agencies: Most of pesticide business
takes Place during cotton season which lasts for just about 45 days.
Most of their investment is towards advance booking of pesticide,
and inventories. The positive side is That they are aware of the
trading intricacies of agriculture input.
iv. Millet Tractors distributors: these are distributors of tractors and
agriculture implement. As such they do have contact with the
farming community. On the other hand they have negligible
experience of agricultural input sales.
2. Walk in prospective clients who receive information about Agrimall through
word of mouth, which could come from contact with farmer associations, or
acquaintance with people who are already convinced of this business.
3. Advertising Campaign: The third Source of prospects comes from
promotional campaign, where we advertise the concept and get responses
from across the community. Here it will be very important to gauge the
ability and willingness of prospect.
Franchise profile
29
Site Requirements
1. 6-8 kanals of land. The current facilities of the project will require an area
of 4 kanals. The remaining area is being sought for future business
30
Information Sheet
This is a form that has been devised to incorporate the necessary information
required to have a proper and comprehensive assessment of viability of giving
Agrimall franchise to any applicant. It contains the following basic kinds of
31
federal level.
Business information indicates the type of any direct experience of
agriculture or other business he has had. If he is into agriculture, he is
also asked about how much land he has, and what crops he is
cultivating. Being in agriculture is a very positive aspect of any
iii.
prospect.
Banking history and any case of default in past. This is required to find
out which bank will the franchisees prefer it there is a choice. Banks
finance the project, and it is a condition of the bank that the party has
iv.
under lien.
b) Union council information:
Union council information will provide the data that will help in
analyzing the business potential in the area, for which the prospect is
applying. It is important to note here, that the franchisee must be given around
15000 acres of the cultivated land as earmarked for is marketing efforts. This
32
ii.
iii.
acres.
Out of the cultivated part, the breakup is taken for area under each
33
No Objection Certificate:
In this phase various approvals from government are required as
prerequisite to start construction in the area. These are called No Objection
Certificate (NOCs) and are in response to applicants request to carry on certain
activity in the area. For Agrimall, NOC requirement
NHA Requirements:
34
Dispensing unit should be 70 feet apart from the centre (centre line) of the
highway.
Explosive Requirements:
Dispensing unit should be 12 feet away from the boundary wall of the
proposed site.
For HSD pit distance of 12 feet from any structure should be adhered to from the
any edge of the steel.
In case of two or more dispensing unit, distance of minimum 22 feet should be
adhered, for installing units vertically.
Increase of two or more units to be installed horizontally, no distance is
applicable.
Checklist of the steps that are taken for obtaining the NOCs is as
given after list of NOCs that need to be obtained.
List of NOC Approvals
DCO Approval processes
The person seeking to operate a PSO pump will apply for NOC from the DCO of
the district.
He will write an Application and inform about his intension of operating a pump.
He will also attach 12 copies of his site plan, where he wishes to operate the
business. The site Plan should include the khasra number, Name of the person
who has the Fard of the site.
DCO will mark the copies of the site plan to 11 departments in the district for their
approval of the Site for business.
After receiving NOC from 11 departments (mentioned below) DCO will issue a
consolidated NOC to the Applicant.
Explosive Approval Process
The person will now seek approval from the explosive department 3 copies of
site plans are to be submitted to explosive department.
35
Departmental NOC, s
1. National Highway Authority
2. Provisional highway Department
3. Civil defense
4. Forestry
5. Tensile Municipal Association
6. District Development
7. EDO (Revenue)
8. WAPDA
9. SUIGAS
10.
District Senior Superintendent Police
11.Senior Superintendent Traffic Police
Construction Department
The actual construction commences once soil compaction has been
completed, and compaction test result have been satisfactory. In case there are
some shortcoming indicated in the soil compaction test result, those will then be
rectified by the construction company at the cost of the franchise. The cost of
these corrections will be over and above the standard project cost and will have
to be financed directly by the franchise.
Administrative Department
This involves dealing with all administrative tasks including mail handling,
dealing with enquiries/complaints, catering and computer services. They will also
produce documents for the organization and maintain organizations premises
and equipment.
This Function although not always recognized is vital, as it is the glue that holds
the organization together. Without an administrative department, customer
complaints would not be resolved, customer orders may not processed, and the
workforce may not have the tool they need to complete their tasks.
Banking Department
Banking loan Approval Process at The bank of Punjab (BOP)
36
The Head Office of BOP is situated in Lahore and they issue loan letters
before starting work on completion of collateral related documents. The
disbursement of loan however is dependent on completion of all documentation.
Bank progress Monitoring Sheet
To monitor the sequence of events that take place in loan processing there
is a checklist that has to be followed. This gives in sequence each and every step
involved from sending the application of loan to bank, onwards to opening of
account, completion of documentation on part of franchisee, equity deposit,
sanction of loan and import processing.
Collateral Requirements
The collateral value that needs to be provided is 133% value of the loan
amount.
Some of the project assists like land, equipment and construction form part of
collateral to be provided to bank against financing.
The project requires collateral which is significantly greater than the evaluated
security value of the site. Therefore the loan applicant has to submit additional
collateral. The collateral can be in the form of un-encumbered assets like
agriculture land, commercial property or any other fixed asset.
Farmer Loaning
Bank provides a credit to farmers for the purchase of agricultural inputs
and services from AM franchise Outlet. For this purpose, the bank does not
handover the loan amount to the farmer rather an account is opened by bank,
which can only transact between at the AM outlet and farmer of purchase of the
inputs required for crop.
37
reduce costs, increase profitability and remain ahead of the completion. As not all
researches will lead to new/improved products/processes companies will need to
allocate a specific portion of their budget to research and development activities.
38
agriculture services and products provides in the Pakistan. During the past
decades Agrimall private Limited continued on the path to success.
The organizational structure of the Agrimall Private limited is well-brought-up. I
had a very good learning experience in this company which would be of
enormous help to me in the future. The staff was very helpful and friendly, which
made the working environment adaptive and pleasant. The people there make
Agrimall Private Limited a great company and an exciting place to work with a
shared desire to learn leading edge skills and stretch beyond their limits. I took a
deep interest in observing how employees in Agrimall Private Limited work
together to overcome challenging situations.
its
franchisees.
Basically the purpose of the company is to provide the agricultural services to the
customers. The customers are usually farmers and land lords. There is very low
educational level in these types of people so, that it is very difficult to convey your
massage easily about your product and services. But it is very clear that the
basic purpose of this business is to facilitate your farmers more and more and to
that Agrimall provides anything a farmer can demand from him e.g. seeds, petrol
pumps, tractors, and other benefits etc.
There are very departments in Company From in which I did my training for job
professional experiences in the all fields Such as Accounts, marketing and
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finance department for filling and other small works in the company under the
supervision of Mr. Muhammad Sikandar, Mr. Tahir Nazir and Mr. Muhammad
Nouman.
I performed my all duties to assign to me by my seniors like meetings with
prospects, those prospects who are interested to join the Agrimall franchise
network and provide all the information to them about the Agrimall which they
want. During my internship program I also visit two times the Franchisees and
business sites of the Agrimall in different Areas.
Training program
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2: Purchase Section
This section normally deals with the records of all purchase made by the
company. In Agrimall Limited purchases are actually made by the
Commercial Department but its accounts are dealt by the Purchase
Section.
Purchase section also deal with different documents such as:
3: Payroll Section
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In this section Traveling, Medical, entertainment and all the expenses that
were born by the employee are reimbursed. This procedure is followed to
reimburse the reimbursable expenses.
Get a reimbursement form, fill it and attach evidences with it. Now get this
form signed from the relevant sections incharge and then given to the
reimbursement section (ERS). This section checks the bills and prepares the
cash vouchers according to the reimbursement policy. The employee gets
cash from cashier after presenting the signed cash voucher to him. There are
two cost centers Selling and Admin. These expenses are charged to cost
center according to the employee reimbursing.
FINANCIAL ANALYSIS
Financial Management
Basically Finance is the art of managing money. How to manage the
resources of the business for fulfillment of the goal of maximization of
shareholders wealth. Basic financial management includes activities such as
managing the day-to-day operations of a business, such as paying suppliers,
cost of capital, and budgeting. It also includes making long-term investments in
plant and equipment and obtaining the money or financing for your operations.
Financial statement analysis (or financial analysis) is the process of
understanding the risk and profitability of a firm (business, sub-business or
project) through analysis of reported financial information, by using different
accounting tools and techniques support both the financial and operational
activities of an agency.
Support Accounting
Financial management has an objective to support the company
accounting department. Financial managers do not usually complete everyday
accounting functions. They typically review the information from the accounting
department and review this information for accuracy and validity. Corrective
measures or suggestions can be made to improve the company accounting
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Risk Management
Risk management is often a primary objective for financial
management functions in larger business organizations. Risk management
ensures companies do not face undue pressure or risk from various financial
situations. Financial rooms can result from business opportunities providing
inadequate financial returns, debt financing with unfavorable loan terms, lack of
available business credit and unstable financial investments. Financial managers
often spend copious amounts of time reviewing their financial activities to ensure
the least amount of risk are absorbed by the company.
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Financial Ratios
A traditional financial statement analysis tool is financial ratios.
These ratios take information from the financial statements and calculate
economic indicators for comparison to another company or the industry
standard. Financial ratios include liquidity, asset turnover, financial
leverage and profitability calculations. Liquidity ratios calculate the stability
to meet short-term financial obligations. Asset turnover ratios indicate how
well the company uses its assets to generate profits. Financial leverage
ratios calculate the long-term solvency of a company.
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Significance
Financial analysis determines a company's health and stability. The
data gives you an intuitive understanding of how the company conducts
business. Stockholders can find out how management employs resources and
whether they use them properly. Governments and regulatory authorities use
financial statements to determine the legality of a company's fiscal decisions and
whether the firm is following correct accounting procedures. Finally, government
agencies, such as the Internal Revenue Service, use financial statement analysis
to decide the correct taxation for the company.
Liquidity
The balance sheet provides liquidity rations that show how much
monetary worth the company has on a given day, which helps determine if the
firms financial reliability. The current ratio shows the 'working capital'
relationship of current assets available to meet the company's current
obligations, reports Credit Guru. The quick ratio is similar, calculating those
assets easily convertible into cash, determining the immediate working capital
relationship. The debt to equity ratio establishes who owns more of the company,
creditors or shareholders.
Efficiency
Efficiency refers to how efficiently the firm using its resources and
efficiency ratios measure how efficiently the company turns inventory into
revenue. The day sales outstanding ratio focuses on the time required to turn
inventory into cash and the age of your accounts receivable.
Profitability
Profitability ratios reveal a firm's success at generating profits. The
profit margin of a company determines its ability to withstand competition and
adverse conditions, reports Credit Guru. Return on assets, reveals the profits
earned for each dollar of assets and measures the company's efficiency at
creating profit returns on assets. Net worth focuses on financial returns
generated by the owner's invested capital.
Sales Pattern
Financial statements reveal how much a company earns per year in
sales. The sales may fluctuate, but financial planners should be able to identify a
pattern over years of sales figures. For example, the company may have a
pattern of increased sales when a new product is released. The sales may drop
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Budget Outline
Another advantage of using financial statements for future planning
and decision making is that they show the companys budgets. The budgets
reveal how much wiggle room the company has to spend on launching products,
developing marketing campaigns or expanding the current office size. Knowing
how much money is available for planning and decision making ensures that the
company does not spend more than expected.
RATIO ANALYSIS:
Current Ratio =
Total Current Assets
Total Current Liabilities
2013
2012
0.76 times
0.68 times
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0.76
0.74
0.72
0.76
0.7
0.68
0.68
0.66
0.64
2013
2012
Quick Ratio =
Cash+ Accounts Receivable
Total Current Liabilities
2013
0.58
2012
0.47
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0.6
0.5
0.4
0.58
0.47
0.3
0.2
0.1
0
2013
2012
2013
2012
3.96
2.57
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4
3.5
3
3.96
2.5
2
2.57
1.5
1
0.5
0
2013
2012
Return on Assets =
Net Profit
Total Assets
2013
10.12
2012
8.04
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12
10
8
10.12
8.04
4
2
0
2013
2012
RETURN ON EQUITY =
Net Income
Shareholder Equity
2013
2012
0.244
0.211
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0.25
0.24
0.23
0.24
0.22
0.21
0.21
0.2
0.19
2013
2012
2013
3.82
2012
2.86
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4
3.5
3
2.5
3.82
2.46
1.5
1
0.5
0
2013
2012
2013
2012
59.06%
58.49%
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59.10%
59.00%
58.90%
58.80%
59.06%
58.70%
58.60%
58.50%
58.49%
58.40%
58.30%
58.20%
2013
2012
2013
23.95%
24.00%
23.50%
23.00%
22.50%
22.00%
21.50%
21.00%
20.50%
20.00%
19.50%
19.00%
2012
20.70%
23.95%
20.70%
2013
2012
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2013
2012
5.26
6.58
7
6
5
6.58
5.26
3
2
1
0
2013
2012
2012
28.56
26.40
56
29
28.5
28
27.5
28.56
27
26.5
26.4
26
25.5
25
2013
2012
2013
2012
7.48 times
9.23 times
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10
9
8
7
9.23
6
7.48
5
4
3
2
1
0
2013
2012
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1. Current Ratio is a liquidity ratio that measures company's ability to pay its
debt over the next 12 months or its business cycle. A generally acceptable
current ratio is 2 to 1. If current ratio is bellow 1 (current liabilities exceed
current assets), then the company may have problems paying its bills on
time.
2: Quick Ratio is an indicator of company's short-term liquidity. It measures
the ability to use its quick assets (cash and cash equivalents, marketable
securities and accounts receivable) to pay its current liabilities. Ideally, quick
ratio should be 1:1.A quick ratio higher than 1:1 indicates that the business can
meet its current financial obligations with the available quick funds on hand. A
quick ratio lower than 1:1 may indicate that the company relies too much on
inventory or other assets to pay its short-term liabilities.
3: DEBT RATIO
debt to total
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money invested by common stock owners. The return on equity ratio (ROE)
measures how much the shareholders earned for their investment in the
company.
6: DEBT TO EQUITY RATIO The debt-to-equity ratio is a measure of the
relationship between the capital contributed by creditors and the capital
contributed by shareholders. It is important to realize that if the ratio is greater
than 1, the majority of assets are financed through debt. If it is smaller than 1,
assets are primarily financed through equity.
Financial Statements
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for
Strengths,
Weaknesses,
generally
Opportunities,
internal
to
and
your
Threats.
organization.
Opportunities and threats often relate to external factors. For this reason the
SWOT Analysis is sometimes called Internal-External Analysis and the SWOT
Matrix is sometimes called an IE Matrix. Completing a SWOT analysis is very
simple, and is a good subject for workshop sessions. SWOT analysis also works
well in brainstorming meetings. Use SWOT analysis for business planning,
strategic planning, competitor evaluation, marketing, business and product
development and research reports.
The internal and external analysis produces a large amount of information about the
company. it tells us the whole picture of the company that what is the strength, and
Weaknesses are the internal factors of the company which teller us that what
improvements should be done by the company and opportunities are threats tells us
that what company can do for expand its business and can less their threats from our
competitors and from other market problems and what opportunities company can avail
for best business promotions. Strength serve as a foundation for building a competitive
advantage, and weaknesses hinder it. By understanding these four aspect of its
situation. We can better understand the clear picture of any organization.
Forecasts of Agrimall internal and external analysis are as under.
Internal Analysis
The internal analysis is a comprehensive picture of the internal environment of the
organization that what are the positive and negative points in the environment of
organization. The internal analysis of the Agrimall Private Limited as done considering
the following factors.
Strengths
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Weaknesses
There is no control on Franchisee activities on daily basis
There is the Financial budgets are very limited, so that no budget to develop
brand awareness
Only large areas are not enough for staff / managers but also they need more
facilities
Education is very important thing to do any business but In Agrimall most of
farmers are less educated, so that there is very difficult task to convey our
massage easily to them.
External analysis
An opportunities is chance to introduce a new product in market against our competitors
that can generate high returns.Oppertunities can rise if the changes occurred in the
external environment of the company. Most of these changes can cause the threats to
the company in market position. Following are some opportunities and as well as
threats which a company faces in external analysis.
Opportunities
Conclusion
According to my observation no doubt the Agrimall Private limited did well in agriculture
field. The basic aim of the company is to provide the quality products and services to its
customer through its franchisees network. The basic target of the company are farmers
and land lords. The company captures the farmers to fulfill all the basic and foremost
requirements and needs of farmers. The company provides all the needy things to
farmers at one point e.g. seeds.guidlines about seeding, fertilizing, tractors, fuel and
diesel Etc.the Company is already established in the field of Agriculture. I think that
Agrimall private limited has a rich background with highly qualified persons and human
resoureces.the company has a very unique culture and contributing in very high level to
the economy of Pakistan. The staff of Agrimall private Limited is very good and
cooperative for a unknown persons like me and like less educated persons farmers
etc.It has truly been a pleasure working with these nice persons. They helped me to
learn a great experiences in marketing field.
Recommendations
During my internship I have analyzed the some problems in the organization. To the
best of my knowledge I recommend the Following Recommendations for Improvements.
There is a lack of some mismanagement In Agrimall Private limited that if an
employee has some problems with his supervisors can communicate with the
high management of the organization and some steps must be taken for solution
of that problems.
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