Professional Documents
Culture Documents
Group No. 5
i.
ii.
Objectives:
Learn how to make a successful business plan
Know about present condition of industries
Limitations:
i.
Lack of time
ii.
Lack of information
iii.
Problem in collecting data
Methodology:
Our secondary sources of data werei.
http://www.sbfrides.com/contact.asp
ii.
http://www.sentosa.com.sg/en/attractions/siloso-point/underwater-worldsingapore/
iii.
http://www.underwaterworld.com.sg/abtus_dolphin.htm
iv.
Entrepreneurship (7th edition) Robert D. Hisrich, Michael P. Peters,
Dean A. Shepherd
Our primary sources were mainly interviews that we conducted at
Narayanganj City Corporation office.
(1) Circus Train (20 Seated) that will cost around 60 lakh,
(2) Merry Go round (20 seated) which will be only for children between the
age 2-10 years and cost will be 10 lakh.
(3)Mad Tea Party (20 seated) which will be also be for children will cost tk.
10 lakh.
(4) Bone yard Playground for children will cost Tk. 10 lakh.
(5) Revolving Wheel for taka 10lac will have a capacity of 30 people.
(6)10 Bumper Cars each cost Tk 1 lakh and with the electric net the total cost
will be Tk. 20lac.
(9) Maxi Dance Party for 24 people will cost Tk. 10 lakh.
(10) A fun and scary Haunted Mansion which will cost Tk. 10 lakh .
(12) Resort with fake water fall, swimming pool and a mini water slide.
(13) 3 Dolphins for Dolphin Shows and separate swimming pool for
Dolphins.
Suppliers: Our rides and Dolphins are from Singapore and some
machineries are from Bangkok. Our trainers are also from Singapore.
Pricing: Our main target customer is midlevel and upper level. They must
purchase rides individually, either at the attraction's entrance or by
purchasing ride tickets or a similar exchange method. Our working our will
be 10 to 6 pm (not for Resorts) so total 8 hours, total staff is 25 in working
level and their average salary is 25*4000=100000 so our ticket price will
be 150tk which absorb our variable cost.
Customer service policy: There will be a customer service option where
any visitor can get the information or go for any query. We will have our
own website. Besides they can call and get information easily.
Slogan: The rides of your life.
The construction of our theme park project will start from September 2012
and it will be finished at November 2013. We will inaugurate our theme
park by December 10 which is projected but actual date for opening our
theme park to the customer is 22nd December 2013. We will build Go Karts
track by November 2014. We will try to get an ISO certificate for best
theme park within country by November 2013. We will build a wonderful
refreshment cottage containing our own cultural theme like wooden or
bamboo cottage beside the theme park by April 2013. We will try to be
involved with social activities like keep your city clean with campaign
from beginning to onward. We will develop own transportation facilities
for visitors after ending of construction and develop a mini Safari Park
Within 2014.
revenue
2014
2015
2016
14425000
15240000
17325000
Concession income:
Food corner
Private party
Rides
Rent
Lockers
7875000
2000000
12000000
2000000
8500000
2500000
15000000
2500000
9545000
2800000
15000000
3000000
Total Revenue
Less: Cost of goods &
service:
Food
Goods(General stock)
Water park
40100000
45640000
49670000
3500000
1000000
500000
3990000
1500000
550000
4670000
2000000
600000
Gross Profit
Add: Income from
Bank interest
Less: Operating
&Service Expense:
Wages:
Operator
Gate man
Employees salary
Advertise expense
33500000
400000
37700000
400000
40100000
400000
1000000
600000
2400000
5000000
1250000
650000
2500000
4500000
1600000
700000
3000000
4000000
Utilities expense(Electronics
+Oil +Gas)
Insurance Premium
Maintenance Cost
Chemical cost
Training cost
Security cost
Interest expense of Bank
@16%
Depreciation:
Equipment
Land
7000000
8000000
8500000
800000
1000000
200000
150000
2000000
6600000
800000
1200000
200000
150000
2000000
6000000
800000
1600000
200000
150000
2500000
5400000
2250000
2500000
2250000
2500000
2250000
2500000
4000000
1500000
8000000
3000000
9600000
3600000
2500000
5000000
6000000
Particulars
2014
2015
2016
42250000
44000000
44250000
5000000
5000000
5000000
Assets:
Current assets:
Cash
Account Receivable
Bank Deposit
Fixed Asset:
Equipment
Less: Dep.
22500000
2250000
20250000
18000000
15750000
Land
Less: Dep.
50000000
2500000
47500000
45000000
42500000
115000000
112000000
107500000
2500000
2000000
1500000
55000000
50000000
45000000
55000000
55000000
55000000
2500000
5000000
6000000
115000000
112000000
107500000
Total asset
Liabilities:
Current liabilities:
Account payable
Long term debt:
12%Bank loan
Owners equity:
Owners capital
(+)Net profit
Total liabilities
Particulars
Cash flow from operating activities:
Net Income
Adjustment to reconcile net income to
net cash provided by operating
activities:
Depreciation expenses
Decrease in account payable
Decrease of Bank loan
Net cash provided by operating activities
Net increase in cash
Cash at the Beginning
Cash at the end of the period
Taka
Taka
5000000
4750000
(500000)
(5000000)
(750000)
4250000
4250000
42250000
46500000
i.
ii.
iii.
iv.
i.
ii.
iii.
iv.
Findings:
Parks dont really have latest thrill rides.
Dont have enough security.
There are not enough advertisements.
Health and hygienic code violation.
Recommendations:
Should offer more discounts.
Give maximum security.
Maintain a hygienic area.
Bring more thrill rides and use latest technology.
Conclusion: Narayanganj is now a City Corporation so obviously the living
standard of people there has been increased but theres not enough
entertainment in the city. Ours will be the first so we wont have any trouble
finding customers and its not far from the capital. With the help of the