Think Positive Invent Positive
Business in simple words is providing jobs to people and earning a profit, by a business you can either create a remarkable company or lose everything you invested if you go underprepared.
Business is like a ludo game because anything can happen you can either make remarkable inventions with the worst odds or lose everything with the best odds. The only difference between a ludo game and business is that ludo requires luck and business requires a unique and skillful mind.
Business is like a ludo game because anything can happen you can either make remarkable inventions with the worst odds or lose everything with the best odds. The only difference between a ludo game and business is that ludo requires luck and business requires a unique and skillful mind.
You might lose everything in your business if you are not prepared and by prepared we mean advice from the veterans.
If you succeed in your early stages of business that does not mean you achieved your goal, to fully achieve the goals you need to focus on your business with full attention and inspiration. - Our thinking
1. Our business is selling juice at a beach.
2. Our product and service is a big and professional juice company, we rented land with 70 trees of mango, 70 trees of apple, 20 trees of litchi, 70 trees of orange, and each and every kind of trees. This land rented us 50,000 rupees per month. Our juice center has a turnover of 3 lakhs per month with four employees working twelve hours a day, and according to us, our all-over profit is 3 lakh 20 thousand.
3. Juice is a remedy, satisfaction, and energy.
Our juice will be a daily remedy and bought in hospitals, an energy drink in people's breakfast, a quick drink grab for people in rush, and also people who take juice as their satisfaction.
4. Our business is located at a Beach.
5. We can attract customers by billboards and providing them free samples of our juice, and we will advertise by creating blogs.
6. Our main competition is ready-made juice, sold by other shops in the area.
7. We are going to charge 20 rupees per glass.
8. We need advice regarding the salary of our employees. We need advice from the people who have already succeeded in their business.
9. We ourselves will be the managers and manage our juice company and our employees accordingly.
10. I and my other business partner will divide the profit by 50-50. Both of us responsible for the losses.
11. Availability of fruits needs to be considered to produce juice.
12. 3 lakhs rupees is needed to get the business started.
13. Our monthly customers depend on the season, summers will bring us profit, whereas in winters we will sell coffee. We will serve 6000 customers per month
14. 5 rupees will be needed to make per glass of juice.
15. Our per month operating cost will be 2 lakhs.
50,000 for rent
Self-salary will be 40,000
Juice cost 75,000
Employees salary will be 24,000
Electricity will be 6000
Misc expenses 5000 rupees (plates, glasses, chairs etc.)
16. We will earn 3 lakh rupees per month.
17. Rupees 5 lakh investment is needed to make a profit.
18. Profit per year will be
Year 1- 12 lakhs
Year 2- 14 to 15 lakhs
Year 3- 15 to 19 lakhs
19. We will borrow 2 lakhs and invest 3 lakhs of our own.
20. In order to grow our business, we will open new branches in new areas.
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