Project Reports for Consideration
DEN objective is to create awareness among our community TO ACHIEVE Financial and economic empowerment. DEN team is committed to extend support to the Entrepreneur in preparing of project and getting financial assistance on projects. We are presenting private Tour-Taxi projects/business which shall give insight information/equip to an individual to consider market entry as Entrepreneur in this business. Here are some Project Reports prepared by Sh Satish Kumar, Ex- Banker
1. PROJECT FOR ESTABLISHING TRANSPORT BUSINESS
Introduction;-
The transport business has been growing with fast pace of 20-25% year-on-year growth mainly attributed to the following;
SCHEME UNDER WHICH PROJECT CAN BE FINANCED:
Prime Minister Employment Generation Programme(PMEGP) with project cost Rs15.00Lac on individual basis or on partnership basis.
TAXI OWNER SCHEME-COST OF PROJECT
Sr No
Particulars
Cost
Total cost
1.Ex show Room Taxi Toyta Innova (gas base) with Accessories= Rs8,00,000
2.Insurance=Rs 55,000*
3Taxi permit fee=Rs30,000
4 Registration fee=Rs32000**
5Total cost=Rs9,17,000
Rs9,17,000
1Margin=
(depend on under which scheme application for finance) but 15% taken
Rs140000
2Loan amount=Rs8,03,000
3 Total Finance= Rs9,17,000
Rs9,17,000
TECHNICAL AND ECONOMIC VIABILITY-COST BENEFIT ANALYSIS OF PROJECT ;-
Particulars
Income from Operation
1
Income /Fare Receipts
No of days operation=30
Daily Mileage in KM=250
Total Mileage in Month=250x30=7500KM
Fare=Rs15 per KM
Total Fare in a month=7500x15=Rs112500
Particulars
Expenses in a month
1 RUNNING cost
1 Kg=25KM
Cost of ING= Rs45 per Kg
Total Mileage in month=7500KM
Total cost of gas=Rs45x300KM=Rs13500/-
2 Insurance cost monthly= Rs4600/-
3 Maintenance= Rs3000/-
4. Salary for Sustenance= Rs30000/-
5 Misc Expenses= Rs5000/-
6 Bank EMI= Rs20000/-(considering repayment of 5years with moratorium period of 2 months)
7 Total Expenses= Rs76100/-
8 Surplus/saving =Rs36400/-
Note;-
WRITE UP OF PROJECT PREPARED BY SATISH KUMAR SHERVAN
The transport business has been growing with fast pace of 20-25% year-on-year growth mainly attributed to the following;
- a)Development of Tourism activities
- b)Identification and growth of SMART cities.
- c)New mode of Transport System
- d)Cluster Area Growth attached with Main cities
- e) Change of Younger Generation Fashion and Taste for Transportation
- Vendor to the Corporates
- Owner/Individual taxi operator
- Taxi Aggregator
- Bus services on permit basis
- private transport operator in cargo movements
- Owner Driver for Station Wagons
- Passion for doing transport business with idea of growth/progress in life as Transport Entrepreneur.
- Qualification 12th pass or more,If an Individual is having a qualification of Supply chain management ,it will be an advantage for segment of no 5 and 6.
- 6 months practical training/hand on job experience with any reputed vendors doing business in the segment of 1,2,3,4 to understand the costing and profitability.
- Formation of Firm/company and get it registered and take VAT/TIN no/PAN no/LAGHU ADHAR CARD.
- Open own office at home initially but take small office site near to city if owned it is OK,however it can be taken on rental basis with minimum of 4-5 years.
- Participation in the tender system floated by corporate/PSUs like Maruti Suzuki/IOL/HPCL/BP/FCI etc to secure safe business and risk free collection of payments as per decided terms.
SCHEME UNDER WHICH PROJECT CAN BE FINANCED:
Prime Minister Employment Generation Programme(PMEGP) with project cost Rs15.00Lac on individual basis or on partnership basis.
- MSME scheme under CGTMSE coverage upto Rs1.00Cr.
- Loans under Banks Conventional business
TAXI OWNER SCHEME-COST OF PROJECT
Sr No
Particulars
Cost
Total cost
1.Ex show Room Taxi Toyta Innova (gas base) with Accessories= Rs8,00,000
2.Insurance=Rs 55,000*
3Taxi permit fee=Rs30,000
4 Registration fee=Rs32000**
5Total cost=Rs9,17,000
Rs9,17,000
- Insurance paid and Registeration fee can be considered towards Individual margin in the project.
1Margin=
(depend on under which scheme application for finance) but 15% taken
Rs140000
2Loan amount=Rs8,03,000
3 Total Finance= Rs9,17,000
Rs9,17,000
TECHNICAL AND ECONOMIC VIABILITY-COST BENEFIT ANALYSIS OF PROJECT ;-
- ASSUMPTIONS OF INCOME;-
Particulars
Income from Operation
1
Income /Fare Receipts
No of days operation=30
Daily Mileage in KM=250
Total Mileage in Month=250x30=7500KM
Fare=Rs15 per KM
Total Fare in a month=7500x15=Rs112500
- ASSUMPTIONS OF EXPENSES
Particulars
Expenses in a month
1 RUNNING cost
1 Kg=25KM
Cost of ING= Rs45 per Kg
Total Mileage in month=7500KM
Total cost of gas=Rs45x300KM=Rs13500/-
2 Insurance cost monthly= Rs4600/-
3 Maintenance= Rs3000/-
4. Salary for Sustenance= Rs30000/-
5 Misc Expenses= Rs5000/-
6 Bank EMI= Rs20000/-(considering repayment of 5years with moratorium period of 2 months)
7 Total Expenses= Rs76100/-
8 Surplus/saving =Rs36400/-
Note;-
- To begin with we have taken operational Income at 250KM daily, however it can be increased ,based on the order book position and net income shall increase accordingly.
- We have considered all possible expenses including the sustenance allowance required to Individual.
- An individual can start 2-3 vehicles as a project and can establish a business of PRIVATE Tour-Taxi Operator successfully.
WRITE UP OF PROJECT PREPARED BY SATISH KUMAR SHERVAN