Summer 2019 MGT-368 Sec: 07 Course Name: Entrepreneurship Business Plan Submission Recycling
Summer 2019 MGT-368 Sec: 07 Course Name: Entrepreneurship Business Plan Submission Recycling
MGT-368; Sec: 07
Course Name: Entrepreneurship
Business Plan Submission
Report on: Green E- Recycling
Submitted To:
Dr. Md Shahedul Alam (Shl)
PhD, Lecturer
Department of Management
School of Business and Economics
North South University
Submitted By: Team-5
SL No. Name Id No.
1. Adib Shaftab 143 0064 030
2. Nirej Podder 163 2416 030
3. Taef Hossain 153 1416 630
4. Salma Marium 161 1249 030
Abrarul Islam Labib
Sherajun Monira 151 0932 630
Letter of Transmittal
Department of Management
School of Business and Economics
Dear Sir,
With due respect, we state that it was a great pleasure to submit you our business plan on Green
E- Recycling. We have utilized all the learnings from the course MGT368 in our business plan.
We have also used all the theoretical and practical knowledge from the course. We have included
all the requirements you that are required for an effective business plan and provided in the
business plan outline.
We are thankful to you for giving us such an opportunity to get a real life experience and of
preparing business plan and present it in front of the investors. This will definitely help us to give
us an extra advantage to compete in the race of getting jobs or being an entrepreneur.
Sincerely,
Name Signature
Adib Shaftab
Nirej Podder
Taef Hossain
Salma Marium
Abrarul Islam Labib
Sherajun Monira
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Acknowledgement
The most pleasant part of submitting this report is to get the opportunity of completing and learning
the depth details of re-branding an existing brand. We would like to thank everyone who have
contributed to it a lot. Unfortunately, the list of expression of thanks, no matter how extensive it
is, is always incomplete.
Our first thank goes to the almighty Allah for bestowing us the patience and courage to finish this
huge task within its deadline.
Thanks must go to the team members, whose unflagging patience and astounding capacity for
creative work, and long hours made the project both possible and successful – under the pressure
of the knocking deadline.
At last, we sincerely acknowledge our debt to Dr. Md Shahedul Alam (Shl), our honorable faculty,
for his valuable counseling about the regarding the project. Without his encouragement and
support, this would have never been possible.
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Executive Summary
Green E-Recycling is a start-up business which we are going to launch in few months. It will a
challenge for us as investors because we are going to launch completely new products to the
industry under a fully new brand.
Our primary goal is to offer Plastic, glass & metal to the customers for their interior design which
will be made from electronic. Our secondary goal is to keep the environment safe and clean by
using all the used and wastage plastics. Our long term goal is to replace all the glass & metal which
are manufactured manually because those are very harmful for the environment and for the people
as well.
We have six members in the investor board who are giving BDT8000000 as a part of their initial
capital. We will also go for venture capital for additional capital. The five investors will be having
five different roles. Abrar islam labib will be the CEO who will look at all over the business. Adib
seftab will be our CMO who will be conducting all marketing, promotional and public relations
work. Taef Hossain & Serajum monira will be the COO who will be conducting all the operational
works. Nirej podder, the CFO, will be conducting all the accounting and finance related works.
Lastly, Al Salma marium will be our CPO who will be looking at all the production related tasks.
We will be going for B2B business. So we have set all the promotional and operational plan
according to that. We also gave some information about our future plan which is expanding the
business through product development.
As we are working on the environmental aspects, we are expecting to have incentives like tax
holiday, non-interest tax, etc. Also we are expecting to get the approval of the government easily
because of our long term goal.
We also provided the full financial assumption from real life data and pro-forma income
statements, balance sheet, owner’s eruity statement, cash flow statement. We gave the break even
analysis and the ratio analysis of our business for next five years.
We are hoping that people will accept our products and let us do something for the betterment of
the people and the country.
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1. Introduction ........................................................................................................................................... 7
1.1. Name of the Business: ....................................................................................................................... 7
1.2. Name and Address of the Principals .................................................................................................. 7
1.3. Nature of the Business: ...................................................................................................................... 7
1.4. Statement of Financing needed: ......................................................................................................... 8
1.5. Statement of Confidentiality of the Report ........................................................................................ 8
2. Business Model ......................................................................................................................................... 9
2.1. Business Model CANVAS................................................................................................................. 9
2.2. Pricing Model & Financial Stability ................................................................................................ 10
2.3. Sustainability.................................................................................................................................... 10
2.4. Social Goal & Eco-friendliness........................................................................................................ 10
2.5. Ethical .............................................................................................................................................. 11
3. Business Environmental Analysis ....................................................................................................... 12
PESTEL Analysis ................................................................................................................................... 12
3.2. Porters Five Forces .......................................................................................................................... 12
3.3. SWOT Analysis ............................................................................................................................... 13
3.4. Stakeholders Analysis ...................................................................................................................... 14
4. Description of Ventures: ..................................................................................................................... 15
4.1. Product: ....................................................................................................................................... 15
4.2. Service: ....................................................................................................................................... 15
4.3. Size of the Business: ................................................................................................................... 15
4.4. Office Equipment and Personnel: ............................................................................................... 15
4.5. Background of the Entrepreneurs: .............................................................................................. 16
5. Production plan ....................................................................................................................................... 17
5.1 Manufacturing process: .................................................................................................................... 17
5.2 Illustration of the manufacturing process: ........................................................................................ 18
5.3 Physical plant: ................................................................................................................................... 19
5.3 Furniture and other equipment: ......................................................................................................... 19
5.4 Name of supplier of raw materials. ................................................................................................... 20
6. Operational plan ...................................................................................................................................... 20
6.1 Description of Company’s Operation ............................................................................................... 20
6.2 Flow of orders for goods ................................................................................................................... 22
6.3 Technology Utilization ..................................................................................................................... 23
7. Marketing plan ........................................................................................................................................ 23
7.1 Seven (P). .......................................................................................................................................... 23
8. Organizational Plan ................................................................................................................................. 26
8.1 Form of Ownership: .......................................................................................................................... 26
8.2 Identification of partners or Principal Shareholder: .......................................................................... 26
8.3 Authorities of principals: .................................................................................................................. 26
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1. Introduction
Green E- recycling is a start-up business with completely new identity and products. Turning
electronic wastes into recycled electronic raw materials is the main objective of the business. We
will be focusing on the production of useable recycled electronic raw materials and selling it to the
respective fields and the wasted products will be sold a scraps to their respective fields. Our main
target is using those electronic product to save the environment and make the best possible use of
it. We have a plan to produce more electronic products
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We are going for partnership business and we will be having six partners to start our business. For
extra profit we are going for venture capital which will be suitable for a start-up business like us.
The amounts are given below:
This report is only made for investors. This business plan of “producing e- recycling product” is
very confidential and a property of Green E-Recycling. This report only belong to the enlisted
partners. Those who have been sent this report are only allowed to read this report. Using any of
the information or plan is strongly prohibited and can cause to a legal claims. Hopefully you will
all the information confidential and make sure none of the information get leaked by anyone.
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2. Business Model
Cost Revenue
e-waste procurement, e-waste recycling, e- from supplying electronic parts to local electronic
waste and recycled product storage, businesses; selling produced e-waste after
transportation, rent, bills, labor-wage, salary, recycling to scrap-collectors
and miscellaneous
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Since our business is from a “buy-recycle-sell” perspective, we will incur costs in the following
activities: e-waste procurement, e-waste recycling, e-waste and recycled product storage,
transportation, rent, bills, labor-wage, salary, and miscellaneous.
The “waste” electronic products from the market will be bought by us at a price suited to respective
product-conditions, accordingly. The “waste” bought is to be considered as the “raw material” to
the business.
Since the raw material here is technological waste, the supply of this kind of waste (if evaluated
monthly) is relatively unpredictable (in the beginning period of the business). Also, the raw
materials - as are broken down in lots, and recycled into various products - are not easily traceable
from the final recycled products. Hence, the raw materials, i.e. the waste, has to be calculated like
an overhead to each finished product. Thus, to aim a profitable trade, the finished recycled products
has to be sold at a price associating all the costs incurred, on a per month basis.
However, our selling-price cannot be too high as we are to use “market penetration” strategy -
selling recycled products that serve the same purpose at a lower price; and thus might face losses
at the beginning period. But, eventually, we forecast to reach a profitable and stable price-cost
ratio, as we manage to gather more e-waste and attain the ability to sell more recycled products to
other companies.
2.3. Sustainability
The increased usage of technology among people is bound to make this business sustainable as
involvement of technology in our lives is only increasing, which is only producing more e-waste
and its need to recycle into a new technology, and repeat.
Electronics containing batteries or plugs such as televisions, laptops, mobile phones, fridges,
electrical toys, etc. contains chemicals (lead, mercury, lithium, etc.) that are toxic; and thus when
dumped improperly or burned, can leak into the environment. These carcinogenic chemicals can
cause respiratory problems for humans and can affect brain, heart, kidneys, liver, reproductive and
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nervous systems. Crude disposal of these wastes also affects waterways and pollutes water meant
for consumption for both humans and animals.
Our idea of recycling the e-waste reduces the improper disposal of it and makes useful work of the
waste instead, saving the environment from its harmful impacts.
Additionally, technology is moving in a super-fast pace, making room for new technologies and
scraping out old ones in the process. Some environmental organizations are pointing their fingers
at tech-companies saying that they intentionally manufacture products designed to have short
lifespans so that consumers have to buy newer versions of the product. This increases the disposal
of e-waste and thus impact people environmentally as well as economically. Our business provides
the scope for people to rather not throw away the gadget and increase harmful e-waste disposal,
but instead sell the waste to us and earn some money, while making the waste useful for further
usage.
With that, since we will be selling recycled products to local companies like Walton, who currently
have to import electronic parts from abroad, we can help the company earn more revenue as they
will be now getting its parts in lesser cost. This can help reduce price of their phones in the future.
Or even if they don’t, their increased revenue can give them a scope of self-development. In this
way we can help a local tech-company to secure a stronger place in the electronic market.
2.5. Ethical
Recycling of e-waste is a social help to the people. We are buying e-waste which could otherwise
be dumped, producing potential environmental threat. We are letting people sell their old,
workable, un-workable products to us, which instead could just be of no use and just be a waste
wasted. However, also we will be doing as much as we can. Our recycling process might emit
some harmful gases, and we would also have our own e-wastes that has to be sold as scrap as all
of the wastes cannot be recycled. Nonetheless, we will try and make our work as green as it lets
us. Our activities will not let us reduce the e-waste related pollution to zero, but will let us
significantly decrease the pollution than before.
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PESTEL Analysis
Political: political situation in Bangladesh is now stable than ever before so it is a window
of opportunity for us to start the E-waste management business.
Economical: According to united nation, in terms of GDP Bangladesh will be the third
fastest growing economy in the world in 2019. In the same fashion consumption pattern of
Bangladeshi people is increasing. Although these may be true but the interest and inflation
rate is going against all the potential possibilities.
Social: Bangladesh is becoming a developing country moreover that the income and
consumption pattern is changing drastically in this population.
Legal: There is in principle no discrimination against foreigners, but the judicial system is
slow, inefficient and easily accepting of bribes.
In ordinary and lower courts, Bengali is the official language, but English may also be used. In the
higher courts, English usually dominates, although Bengali is not forbidden.
Competition in the industry: E-waste recycling companies are vastly popular in first
world countries. But in Bangladesh, there is nearly no big industries for these. So less
probability for competition in the industry.
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Potential of new entrants into the industry: Very fast growth rate, Legal and logistical
support from govt. and private corporations made it easier for new entrants into this
industry.
Power of suppliers: Our primary raw materials are various electronics wastage. So it will
be easier for our suppliers to collect E-waste from various Mechanical shops, Electronics
industries and personal e-wastages. The more power a supplier holds to drive up input costs
and push for advantage in trade. On the other hand, when there are many suppliers or low
switching costs between rival suppliers a company can keep input costs lower increasing
profits.
Power of customers: It is affected by how many buyers or customers a company has, how
significant each customer is, and how much it would cost a company to find new customers
or markets for its output. A smaller and more powerful client base, means that each
customer has more power to negotiate for lower prices and better deals. E-waste recycling
company that has many, smaller, independent customers will have an easier time charging
higher prices to increase profitability.
Threat of substitute products: Our Company that produces goods for which there are no
close substitutes will have more power to increase prices and lock in favorable terms. Also
that eco-friendly recycling process makes our products cheaper and reliable than market
new products.
Strengths: The SWOT analysis indicates that the strengths for e-waste policy development
are in the area of e-waste legislative development including policy tools such as Extended
Producer Responsibility (EPR).
Weaknesses: The SWOT analysis indicates that the weaknesses for e-waste policy
development are in the areas of limited national e-waste information systems, limited e-
waste infrastructure and the presence of a robust informal sector in Asian developing
countries.
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Opportunities: The SWOT analysis indicates that the opportunities for e-waste policy
development are in the areas of customizing legislation and technologies, integrating e-
waste in the green economy framework and registering of the informal sector.
Threats: The SWOT analysis indicates that the threats for e-waste policy development are
in the areas of competition between the informal and the formal sector as well as the replica
adoption of legislation and technologies from developed.
Our main stakeholders are banks, our clients, providers, workers etc. They are affected by our
business. They have also a power to influence on our business. Bank and Financial specialists are the
most important keys to run our business. After that our clients and service providers are also
important for us.
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4. Description of Ventures:
The mission of our company is to turn unusable technological waste to useful technological
parts, to reduce wastage and contribute to the good of the environment. Our business will
reduce harmful technological dumps, and will make full use of a machinery-part by putting it
into use yet again. There has not been a business yet in the country that makes these kinds of
waste into use, so we expect to succeed as a pioneer to this activity.
4.1. Product:
Our products consist of “thrown-away technological-scrap”, that are recycled, to act as “raw
materials” used for making electronic products like mobile phone, laptops, computers, air-
conditioners, fridge, fan, oven etc. Therefore, to sum up, we are to sell recycled technological
parts.
4.2. Service:
After recycling the product useable product sales. Our main motive is to serve our customers
devotedly for better benefits of us. We planned to give after sale service which will include any
kind of re-arranging the product purchased for e.g.: If the generator malfunction we want to install
in a new one.
Preliminarily, the business will be small. It will have a factory cum office, and will have 30
employees actively working inside it. We expect to expand the business later, looking at the
primary response
In our factory, we will need equipment that are both “breaker” and “maker”, i.e. we will be needing
equipment that are used to break-open a malfunctioning technological product and the ones needed
to brush up and work on the inner parts to turn each part individually as a singular product.
We shall have 30 employees working in total. In administration, we won’t be hiring anyone from
outside and will consist of us 6 entrepreneurs only, governing and managing our respective
departments. We have chosen our departments according to our field of study and experience
accordingly. Though separate departments, we will also have the right to put our own insights to
the plans, of course consulting the personnel/s assigned to the department.
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We are 6 people working on our dream project. As a fresh graduate in Bachelors in Business
Administration, we have dream of starting our own business, and so will team up to fulfill our
goals. We are all like-minded, strong-headed, and hard-working people. All of us, belonging from
business backgrounds, expect to execute effective ideas in doing business and thus garner success
eventually yet quickly. Our brief bio-data is provided in pages later following.
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5. Production plan
5.1 Manufacturing process:
E waste mainly comprise of personal computers, televisions, mobile, washing machines etc. our
main motive is to collect this wastes from household and sort out the recyclable parts from this
waste material and after dissecting the wastes we will distribute the parts to the following industries
for a very low amount of fee which will cover our service charge.
Here our primary rationale is to clean our environment and make something good out of it.
The challenging task of this process is collection and transportation. We will collect the waste
through collection booth in specific location where people can drop their e waste or contact us for
collecting the wastes from their desired location because sometimes television, refrigerator etc.
difficult to carry for the owner and drop them to our booth. And from our collection booths we
carry them to our storage and keep them in the store and sort them by category of the products.
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E waste collection
Plastics
Dissecting Segmentation Metals
Cable and wires
Glass
Circuit board
1.PCB shredding
2.PCB crushing
3.PCB pulverization
Recovery of metals
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Space: We are choosing Demra as our best place to establish the factory and storage facility
because it is the nearest low cost industrial location from Dhaka.
Size of the space: Our recycling factory size will be 4000 sq. and storage size will be 6000
sq.
Collection booth space and size: we will establish 4 collection booth in Dhaka and each
one will be 200 sq. spacious and there will be a chair and a table for our collecting agent.
We will use recycling machine which will be purchase from Chinese mechanical equipment
manufacturing company which is “Henan doing mechanical manufacturing co.”
And for the furniture we will by some chair, tables and close circuit cameras for the security of
our workers.
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Suppliers:
Our primary suppliers of the raw materials are the households of Dhaka, Chittagong and Sylhet.
Because of their heavy usage of electronic devices these major city’s needs to be taken care of in
the first place. And for further expansion we are looking forward to cover whole Bangladesh.
Raw materials:
For E waste recycling our raw materials will be the electronic equipment’s that has no use to their
owners.
Refrigerator
Air conditioner
Washing machine
Computer
Television
Other home electronic appliance
personal devices.
6. Operational plan
6.1 Description of Company’s Operation
Operational plan is depending on the overall process and workflow of the organization. The flow
chart is given below:
Operational department will handle all the department’s activities. The functional departments are
arranged in a way that every work will be done with a good flow. We have total 5 functional
departments. They are:
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Accounts Department: This department will look after our all kinds accounts like –
Income statement, Balance sheet, accounts payable and receivable details. Also, they will
forecast our revenue and expenses for further future.
Marketing Department: Marketing department will come up with new promotional
tactics, campaigns. They will work on our all kinds promotional tools we need. Also, they
are going to deal with our respective buyers while we are doing B2B dealings.
Production Department: Production department is the most responsible department of all
the departments. This particular department has to work in a sustainable way so that we
can maintain our quality with a targeted number of quantities. We are going to use lead
time production system so that we can produce a bulk number of goods within a targeted
time
Store Management: Inventories are going to collect in our store. We will use grading
system to identify our inventory categories. There will be a store manager who will
manage all the inventories and accessories of our company
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We will use traditional transaction process. The transaction process will be based on quantity of
product. When our customer orders our product, we will take half price of the product where we
include the transportation cost and other cost. After deliver the product we will take half part
amount and profit margin will be there. We will give receipt to the customer against the product.
However, the transaction process for government will be different and we may transaction with
them on debt. `
Order
Order
Recieve
product
Recieve
Reciept
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We will have a customer service operator who will receive the call and take order. We will use
computer, inventory management software, Customer information software, printer, telephone.
However, when we are going to expand our business, we will introduce different types of service
to provide better customer service and where we will be introduced new software. If the demand
is excessive we will use waiting line software.
7. Marketing plan
7.1 Seven (P).
Products: The item of our service incorporates different object and features.
Biomass facility
Hydroelectric facility
EFW
Transfer Station
Hauling service
Place: In case of Eco benefit plan put is an additionally vital thought. it incorporates
different things.
Outlet location
Exposure
Channel types
Storage
Transportation
Managing channel
Promotion: promotion is exceptionally vital in our service. Since individuals are not
much mindful of our benefit. So, a part of things ought to be considered.
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Internet
Advertising
Publicity
Price: price is another key figure to urge victory in our service industry. since the
probability of our benefit depends much on it.
Differentiation
Charging reasonable price
Competitive pricing
Allowing flexibility of price
People: All human figure who plays a portion in service conveyance and in this way
influence the buyer’s perceptions.
Employees
Recruiting
Training
Reward
Motivation
Teamwork
Customers
Training
Education
Exceptional customer service
Process: the genuine strategies, component, and stream of exercises by which our
benefit is conveyed: the service delivery and operation framework.
Standardized
Customized
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Physical evidence: The environment in which our benefit is conveyed and where the
firm and client associated and any unmistakable component that encourages execution
or communication of the benefit.
Facility design
Plants
Powerhouse
Architectures
Machinery
Another tangible:
Business card
Report
statement
guarantees
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8. Organizational Plan
The form of our business is partnership. We follow partnership act 1994 rules and regulations.
So we have unlimited liabilities where our own properties are also liable to the partnership
obligations.
The six members are the investors of the business and they will have the right to act as
proprietors. We have the plans to get support from the banks and other financial
institutions.
All the six persons are the members of the board of authority. The chairperson will be
changed after 1 year and all the partners will take the place one by one. We have to follow
basic conditioning, maintain good control and trust over others, reciprocal agreement.
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We are six partners to run the organization. Our detailed backgrounds are given in the following
pages:
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Nirej Podder
Flat 5A, House 28, Road- 3, Block-C
Bashundhara R/A, Dhaka, Bangladesh.
[email protected].
https://www.linkedin.com/in/nirej-podder.
Career Objective
To achieve successful career through devotion, commitment and hard work with an opportunity to
facilitate the organization to achieve its goal. I am a quick learner and always dedicated in learning
new things. I am a team worker and work hard. One of my unique things about me is I have an
urge to learn and I want to achieve my goal learning newer things in my life.
Education
CO-CURRICULAR ACTIVITIES
• Worked for Logistics and operations of “HR Calibration 2.0–First national Strategic HR
Model competition”.
• Arranged “HR Speaks Out 2.0– Interactive grooming session
SKILLS
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Adib Shaftab
House- 11F,Kushiara, Multiplan
Red Cresent Society,Mirpur-1
[email protected].
https://www.linkedin.com/in/adibshaftab.
Career Objective
To achieve successful career through devotion, commitment and hard work with an opportunity to
facilitate the organization to achieve its goal. I am a quick learner and always dedicated in learning
new things. I am a team worker and work hard. One of my unique things about me is I have an
urge to learn and I want to achieve my goal learning newer things in my life.
Education
Worked for so many buyers and experience with buyer from Europe, America and
Doing promotional Activities, Response in social media and connect with the customers
SKILLS
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Career Objective
To achieve successful career through devotion, commitment and hard work with an opportunity
to facilitate the organization to achieve its goal.
Education
CO-CURRICULAR ACTIVITIES
SKILLS
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Salma Marium
252/2 West Manikdi,
Dhaka Cantonment, Dhaka
[email protected].
https://www.linkedin.com/in/salmamarium.
Career Objective
To achieve successful career through devotion, commitment and hard work with an opportunity
to facilitate the organization to achieve its goal.
Education
· Major:Marketing
Work Experience
• none
SKILLS
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Taef Hossain
Flat 4B, House 50, Road- 7, Block -C
Bashundhara R/A, Dhaka, Bangladesh.
[email protected].
https://www.linkedin.com/in/taef.
Career Objective
To achieve successful career through devotion, commitment and hard work with an opportunity
to facilitate the organization to achieve its goal.
Education
CO-CURRICULAR ACTIVITIES
SKILLS
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Sherajun Monira
Flat 4B, House 486, Road- 6, Block B
Bashundhara R/A, Dhaka, Bangladesh.
[email protected]
https://www.linkedin.com/in/sherajunmonira
Career Objective
To achieve successful career through devotion, commitment and hard work with an opportunity
to facilitate the organization to achieve its goal.
Education
CO-CURRICULAR ACTIVITIES
SKILLS
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Nirej Podder Adib Shaftab Taef Hossain Salma Marium Sherajun Monira
(CFO) (CMO) (CPO-1) (COO) (CPO-2)
Line
Manager
Supervisor
Chief executive officer (CEO): A chief executive officer (CEO) is the highest positioning
executive in an organization, and their essential responsibilities incorporate settling on major
corporate choices, dealing with the general tasks and assets of an organization. He will have to
make the things happen and keep resources to support the company. He has the right to sign all
the financial documents for example check.
Chief marketing officer (CMO): is in charge of administering the arranging, improvement and
execution of an organizations marketing and promotional activities. Detailing legitimately to the
chief executive officer, the CMO's essential obligation is to create income by expanding deals
through effective marketing for the whole association, utilizing statistical surveying, estimating,
item marketing, marketing communications, promoting and public relations.
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Chief financial officer (CFO): He will provide leadership, give direction and management of the
accounting and finance team. He will provide strategic recommendation to the CEO to manage the
processes for financial forecasting and budgets and will advise long term business and financial
planning.
Chief operating officer (COO): An operation person who has the responsibility to make sure
whether the company operations flow smoothly or not. He is responsible for get the job done
effectively and efficiently within a certain time period.
Chief production officer (CPO): The responsibilities of the CPO are comprehensive of product
vision, product system, structure, product advancement, and item advertising. Likewise, the CPO
must show strong impact in the assembling, distribution, purchasing, and distribution departments.
He must be visionary and a great supervisor as well.
Operation manager: This individual is the head for the operation and has by and large
responsibility for the financial achievement of the business. The operation manager handles outer
relations with lenders, network pioneers and sellers. Frequently, this individual additionally is
responsible for either creation or promoting for the business. This individual will set in movement
the vision, strategic plan and goals for the business.
Accounts manager: This is another key personnel. The individual filling this job has the duty
regarding month to month income statements and balance sheets, collection of accounts
receivables, finance and dealing with the money. The key perspective here is dealing with the
money.
Marketing officer: A marketing manager might be on staff to deal with all perspectives identified
with advertising and selling the product. The top administrative person regularly handles this
obligation in an small business.
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Store manager: This personnel often supervised by the top management like cpo and manage all
the purchasing activities from the suppliers like purchasing of raw materials. He also manage the
warehouse and check all the activities. He does the inventory management and keep the records.
8.5-1.Terms of agreement
The legal name of our company is” Green E- Recycling”
The location of our business is: 33, Ashulia, Dhaka
The five partners are Nirej podder, Abrarul Islam Labib, Salma Monira, Taef Hossain, Adib
Shaftab and Sherajun Monira
For any emergency situation all the individuals will have the same voting rights and will be
required same voting point.
Since we have six key partners so profits will be divided equally among the partners and all
the partners will get 16.66% of net profit after incurring all the expenditures.
Each partner will contribute to the partners.
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9. Assessment of Risk
9.1. Evaluate weakness of business:
The e-wastes, which are regularly wealthy in valuable metals and other reusable
materials such as plastics, are too perceived as a source of additional wage by the
low-income and unemployed population.
Assign one or more individuals to be the emergency facilitator. Incorporate the contact
information for this individual inside the plan.
Include the area of both emergency gear and emergency phones.
Ensure all workers know this plan exists and are recognizable with the strategies.
The plan must be composed onsite, and it must be looked into and upgraded habitually.
Arrangements agreed to by nearby police officers, fire offices, clinics, temporary workers
and state and neighborhood emergency reaction groups to arrange emergency services.
The contingency arrange must be looked into and promptly revised at whatever point:
The possibility arrange must be looked into and instantly changed at anything point.
The plan comes up short in an emergency.
The list of emergency facilitators’ changes.
The list of emergency hardware changes.
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Sales forecast
Product Price/metric Estimated Estimated revenue(1st
ton sales(1st year) year)
Plastic 250000 7 1750000
Glass 80000 6 480000
Metals 320000 12 3840000
total 25 6070000
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Transportation 48000
Total 3794000
Capital expense
Machinery 2800000
Office equipment 400000
Vehicle 1500000
Total 4700000
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Sales unit 25 29 35 42 50
Operating
expense
Advertising 1200000 1320000 1452000 1597200 1756920
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Operating
expense
Machinery 2800000
purchase
Office 400000
equipment
Vehicle 1500000
purchase
Total 4756000
disbursement
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Break even unit is 51.625 we will hopefully meet this unit at the beginning of 6 th year of our business
because our initial investment is very high but the good factor is that at 5th year we will sale very close
to the breakeven unit which is 50 unit and we will see some profit on that year and more over that from
the beginning of 6th year our total cost and revenue will be same.
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11. Appendix
Dear Investor,
At the end of this year we are going to open a new business which is totally new in infrastructure
sector. As we all know the current situation of Bangladesh’s businesses are not that well. That is
why we come up this new idea and want to generate the business in Bangladesh.
We are getting into a new venture named Green E- Recycling, E waste mainly comprise of personal
computers, televisions, mobile, washing machines etc. our main motive is to collect this wastes
from household and sort out the recyclable parts from this waste material and after dissecting the
wastes we will distribute the parts to the following industries for a very low amount of fee which
will cover our service charge. So that our cost of raw material will get down and the sustainability
and durability of bricks and tiles will increase by that reason. As we all know no one is producing
these products by using raw materials so, we will get the first movers’ advantage easily.
With Green E- Recycling we aim to provide the customers demand or satisfaction. We hope to
tackle the issue of pollution which is happening for the missuses of plastics. We have hired a bunch
of fresher who seems very passionate about this venture.
It will be our fortuity if you invest in our venture. Your investment will be used for several sectors
to setup the venture in a good way. We propose to provide our investor with a 20% profit of return
on investment.
We understand that you are one of the most reputed and respectable investors of all the time.
Investing with us will help you to grow both regarding reputation and financial aspects.
Attached file is our business proposal. For more queries feel free to contact us at – mail@ Green
E Recycling.com.
Thank you.
Sincerely,
Team -5
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We will have a separate department for research and development. This department will
continuously research on our products development. As we are completely new to the industry, we
will have many scopes to develop the product. Otherwise, new competitors will enter into the
market and grab the market share. They will work on the basis of weakness analysis and customer
feedbacks. They will also research for our new segment of products and try to develop that product
as much as possible. To launch our new product we need to have a clear demonstration of the
product as we will be an established brand at that time. Therefore, the research and development
team will work day so that we can provide best quality products to the customers faster and
efficiently.
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This is to state that under the following act the owners of the business “Green E- Recycling”
agrees to follow the following legislation:
1. (a) This act may be called the partnership act 1932.
(c) It shall come into force on the 1st day of October 1932.
(a) an ‘act of a firm’ means any act or omission by all partners or by any partner or agent
of the firm which gives rise to a right enforceable by or against the firm;
(d) “third party” used in relation to a firm or to a partner therein means any person who is
not a partner in the firm; and
(e) Expressions used but not defined in this act and defined in the contract act, 1872,
shall have the meanings assigned to them in that act.
3. The unrepelled provisions of the contract act, 1872, save in so far as they are inconsistent
with the express provisions of this act, shall continue to apply to firms.
4. Partnership is the relation between persons who have agreed to share the profits of a
business carried on by all or any of them acting for all.
Persons who have entered into partnership with one another are called individually
“Partners” and collectively “a firm”, and the name under which their business is carried
on is called the “firm name”
5. The relation of partnership arises from contract and not from status; And, in particular, the
members of Hindu undivided family carrying on a family business as such, or a Burmese Buddhist
husband and wife carrying on business as such are not partners in such business.
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Form - 1
Statement containing the particulars of the firm for Registration Under the partnership Act. (Act
IX of 1932)[See Section 58 & Rule 4 (2)]
To
The Registrar of Firm
Dhaka, Bangladesh
Do hereby submit the following statement as required under section 58 of the partnership act
(Act IX of 1932) for purpose of its registration 59 of the act.
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09. Particulars of minors- We do not have any minor particulars in our business.
10. Signed in my presence
11. We the partners of this firm named above do here by declare that the foregoing statement
is true to the best of our knowledge and belief should any of the information given above
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1. Adib Shaftab
2. Nirej Podder
3. Taef Hossain
4. Salma Marium
5. Abrarul Islam Labib
6. Sherajun Monira
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12. Bibliography
https://egreenrecyclingmanagement.com/.
http://www.glrnow.com/.
https://greenmachine.com/.
https://www.enow.com/search?s_pt=source2&s_it=aolsem&s_chn=165&s_gl=US&q=e-
waste%20disposal&xos=52000009&msclkid=86daeb7ce83813a22b7eb62a55b60ba1.
https://en.wikipedia.org/wiki/Electronic_waste.
https://resource-solutions.org/.
https://www.linkedin.com/company/center-for-resource-solutions.
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