Pioneer & Events Management Organizer

Mission Statement

To provide full satisfaction to our customers from their conception to completion by us

Pioneer & Events Management Organizer

Company Overview
We are highly professional and specialist in Wedding function. Corporate functions. Private parties & birthday parties. School/college Functions.

Pioneer & Events Management Organizer

Services
Dj & sound system. Dance and Dandias rehearsals. Stage designing & theming. Flooring & Pattern Designing.

Pioneer & Events Management Organizer Competitors

Usmania restaurant Iris restaurant Cuckoos

Pioneer & Events Management Organizer

Assessments of Risk
Loss of reputation Financial loss Damage to facilities Injury to group member Over-stressed members/labor Loss of equipment

Pioneer & Events Management Organizer Future Trends

Eco-friendly

Site and Location

Innovation and Technology

Pioneer & Events Management Organizer

MARKET SEGMENTATION Under 24 Ages 25-55

Ages 56 and above

Pioneer & Events Management Organizer

SUPPLIER OF RAW MATERIAL

KAMBOOH & CO RAJPOT AND TENT SERVICES FARAN & CO ALI & SONS

Pioneer & Events Management Organizer

Description of Venture
Our main focus is the customers of Sahiwal and areas that surrounds Sahiwal city. We will organize different kinds of events for our customers.

Reasons for entering into this business: Our personal interest into this business High return of our own choice and commitment We can easily learn new trends through this business There is a huge need of event management in Sahiwal that will provide all services related to this field It will also help us to increase our social networking which will provide bright chances for our business growth

Pioneer & Events Management Organizer

Marketing Plan
Concept design Theme and content development Event site selection Entertainment Dcor Audio/visuals Advertising Pricing Promotion

Organizational hierarchy Controls SWOT Analysis

Pioneer & Events Management Organizer

Organizational Structure
Authorities: Authorities will flow from top level management to middle level and then to lower level. Top level authority will oversee the work of all other authorities and will have the power to modify as required after full consideration.

Flow of information: In our business, Khinza Khalid will receive the order from customers and register their orders Abdul Rauf who will provide the whole budget plan to the customer and also consider the budget of customers. Hashim Afzal and will arrange all the resources for event management and will also deal with suppliers of all resources finally Humaim Sheikh will implement the whole event for the customer and will manage it by giving and transferring resources to the labor.

Concerns the acquisition, financing, and management of assets with some overall goal in mind.

 What is the optimal firm size? ( partnership) What specific assets should be acquired? What assets (if any) should be reduced or eliminated?

 How do we manage existing assets efficiently? Financial Manager has varying degrees of operating responsibility over assets. Greater emphasis on current asset management than fixed asset management.

 Making Financing Decisions

The financial manager must decide whether to raise more money from new and existing owners by selling more shares of stock (equity) or to borrow the money instead (debt). What are the pros and cons of issuing debt vs. equity?

The Financial Manager

Managing Short-Term Cash Needs

The financial manager must ensure that the firm has enough cash on hand to meet its obligations at each point in time. This job is also commonly known as managing working capital.

What is the Goal of the Firm? Maximization of Shareholder Wealth!

Value creation occurs when we maximize the share price for current shareholders.

Sources of funds

Sample Balance Sheet

Numbers in Rs/Cash
50,000 A/P

40,000

Inventory

20,033 Other CL
Total CL

20,000
60,000

Total CA

72,033

Total Liab. & Equity

10,033

19

Sample Income Statement 2nd year

Revenues
- Cost of Goods Sold - Expenses + other income EBIT Authorized share 10

4,75,000
(3,37227) (1,13,000) 1,200 25,973

20

Categories of Financial Ratios

Short-term solvency or liquidity ratios Long-term solvency or financial leverage ratios Asset management or turnover ratios

21

 Current Ratio = CA / CL
72,033 / 60,000 = 1.21 times Quick Ratio = (CA Inventory) / CL (72,033 25,973 ) / 60,000 = .77 times

22

 Total Debt Ratio = (TL / TA)

(60,000 / 72,033 ) = .833 times or % The firm finances slightly over 83% of their assets with debt.
Debt to equity = (TL/ STAKE EQUITY)

( 60,000 / 10,033) = 5.98 times

23

Computing Inventory Ratios

Inventory Turnover = Cost of Goods Sold / Inventory
3,03,137 / 53,260 = 5.69 times

Days Sales in Inventory = 365 / Inventory Turnover

365 / 5.69 = 64 days

24

Profitability ratio
Return on investment Net profit / TA 25,973/72,033= 36.1%

Break-Even Analysis
Total Fixed Costs = $1,000.00

Variable Costs per Competitor =

$15.00

Less :

Competition Entry Fee =$20.00 Variable Costs per Competitor = $15.00 $5.00

Contribution of each Competitor towards Fixed Costs=

No of competitors required is Formula for Break-Even Point =

1000/5 = 200
Fixed Costs Price - Variable Costs