Source of fund:
Most of new business find it very
difficult to obtain bank loan, business credit cards or investors. This is why
new businesses are founded through the owner personal resources.
Personal resources are:
· personal
saving
· Home equity
loan
· Friends and
family
· Credit
cards
· cash value
of life insurance
Bank and other lenders will loan
money to some new business es if they are satisfied with the feasibility of their business plan, their credit history the amount of
experience they will bring to the venture and are willing to put up for the
loan.
Budget:
The financial system of Bangladesh
is comprised of three broad fragmented sectors:
1)
Formal sector:
· Money
Market(Banks)
· Capital
Market(Investment Banks)
2)
Semi-formal Sector:
· Bangladesh
Bank
3)
Informal Sector:
· Grammen
Bank
In our business we collect our
business fund from personal resources and bank loan.
i)
Personal resources...................25000000
· personal
saving
· Friends and
family
· Credit
cards
· cash value
of life insurance
ii)
Bank loan.........................25000000
Budget:
· cost of
machine....................30%
· cost of raw
materials and cost of production(processing of raw materials,
packaging)................30%
· cost of
transportation..........................10%
· cost of
taking lease(land)..............10%
· rent cost
of cold storage.............5%
· cost of
labor...............3%
· cost of
office rent..........2%
· cost of
office furniture and decoration ,current......................10%
