Housemaid service industry

Group no-6
Name
Rochelle D'cunha Prabhakar Humbarde

Roll no
129 133

Sadanand Mudaliyar
Paresh Surana Bhagyashree Vallal

148
169 174

Deepak Yadav

178

6 reasons to start maid service

Modest Investment No Expensive Real Estate Required No Big Investment in Equipment and Supplies Ease in Payment and payment on the Spot You Build Clients Not Just Customers A Recession-Resistant Business

 Mission statement Vision statement

7 ps of service industry

1. Product
Housemaid Cook Baby sitter Driver

2. Price
Full time maid-7000/month Part time- 5000/month Baby sitter- 7000/month Driver- 8000/month

3. Place 4. Promotion
Pamplets Website Word of mouth

5. People 6. Physical evidence

7. Process
Registration in Police station. Age proof Address proof Telephone number Photograph Ration Card Guarantor for police registration.

SOURCES OF HIRING
MHADA colony Old age houses Through maid reference by providing commission References Small villages in Maharashtra.

SWOT analysis
Strength Weakness Opportunities Threats

Competitors
Excel manpower service- Chembur East Aishwarya agency- Bhandup West Sumit safe security pvt ltd- Mulund West Shreenath and associates- Santacruz East HR resources- Dadar West

 Targeting Segmentation

TERMS AND CONDITIONS

Service charges of hiring our services ( maid, baby sitter, driver) is Rs.5000/ Advance payment of Rs.3500/ Remaining amount to be made within 7 days of maid joining the client. We will provide 3 replacement of maids upto 6 months.

OUR INITIAL INVESTMENT

Advertisement: Rs. 2,000/- every 3 months (Rs.8000) Telephone charges: Rs.3,000/ Visiting cards: Rs.2,000/ Miscellaneous: Rs.2,000/ Registration of the company: Rs.20,000 Total 35,000

Our earnings
Per month no of clients: 7 (approx.) Fees from each client: Rs.5000/ Therefore, total fees for a month: Rs. 35,000/ Therefore, total fees for a year: Rs. 4, 20,000/-

Per month from each worker: 20% of their first salary. Therefore, full time: (Rs.7000*2)*20% = Rs.2800/ part time: (Rs. 5000*2)*20% = Rs.2000/ caretaker(nanny, baby sitting): (Rs. 7000*2)*20% = Rs. 2800/ driver: (Rs. 8000*1)*20% = 1600 Therefore, total from workers in a year: Rs.9200*12 = Rs. 1, 10,400/ TOTAL EARNINGS: RS.4, 20,000+ RS.1, 10,400 = RS. 5, 30,400/-

OUR REVENUE
Total income: 5,30,400 Total expense (initial investment) (-) 35,000 Profit from the first year: Rs. 4, 95,400 Rs.

Rs.

Since we are getting a profit of Rs.4,95,400/in the first year itself, we are getting our BREAK EVEN POINT in the first year only

CONCLUSION

THANK YOU