A

PROJECT REPORT
ON
THE STUDY OF STARTING A NEW BUSINESS ORGANISATION

GUIDED BY
PROF. WAFIYA WAHID
SUBMITTED BY
GUL MOHAMMAD ALKOZAY
ROLL NO. 265
T.Y.BBA FINANCE

SUBMITTED TO
THE UNIVERSITY OF PUNE
IN PARTIAL FULFILLMENT REQUIREMENT OF
BACHELOR OF BUSINESS ADMINISTRATION

2013-2014
ABEDA INAMDAR SENIOR COLLEGE
CAMP, PUNE

ACKNOWLEDGEMENTS

OUR BEST THOUGHTS COME FROM OTHERS

The successful completion of any research project requires guidance and
help from a number of people. I was fortunate to have all the support.

I feel greatly honored in availing this opportunity of expressing my deep

gratitude to Dr. E.M KHAN principal of ABEDA INAMDAR SENIOR
COLLEGE OF ARTS SCIENCE AND COMMERCE PUNE for providing
me this opportunity and guiding me with academics and project work.
I feel greatly delighted to express my deepest sense of gratitude to my learned
and esteem teacher Mrs. Wafiya Wahid for her valuable assistance, keen
interest and constant motivation at each step and for spending her precious
time, without her help, it would have not been possible for me to complete
the project
Last but not the least, I express my sincere thanks to all those people, known
and unknown, who have contributed in making this project a success.

DECLARATION

I, the undersigned, hereby declare that the following documented Project Report
titled LOAN FOR STARTING A NEW BUSINESS ORGANISAION is a
bonafide work prepared by me. This is an organized and authentic work carried by
me for the partial fulfillment of the Bachelor of Business Administration. The
findings in this project report are based on the data collected by me from different
sources.

All the deeds put in the fulfillment of the task are genuine and original to best of
my knowledge.

Date:Place :-

GUL MOHAMMAD ALOKOZAY

TABLE OF CONTENTS
TOPIC

PG.NO.

1. INTRODUCTION TO THE STUDY--------------------------------05

2. ORGANISATION PROFILE----------------------------------------- 11
3. PRESENT MARKET CONDITION--------------------------------- 13
4. RESEARCH & METHODOLOGY-----------------------------------17
5. FINANCIAL ANALYSIS----------------------------------------------19
6. RECOMMENDATIONS AND CONCLUSIONS------------------43
7. BIBLIOGRAPHY------------------------------------------------------- 45

CHAPTER 1
INTRODUCTION
TO THE
STUDY

Objectives of the Project

1. To learn about, how to write a proposal, or prepare a Projected

Financial Statements.

2. The main objective of preparing a project is to have a proper plan,

which can help the firm to achieve its success.

3. To get experience of effective and efficient working of an enterprise.

4. The objective is to learn, how to analyze financial statements.

5. To know about Tax-Rate and Depreciation rates, and their procedures.

6. To get knowledge about different Bank Policies for granting Loans.

7. To help the firm by telling its solvency, payment policies etc. with the
help of various different ratios.

SCOPE OF THE STUDY

1. The scope of this project is to get experience for analyzing different

loan schemes and chose the best one for the project.

2. The study helps to know about registration of the firm, and learn how
to follow the procedure.

3. The study provides information about how to estimate of net surplus.

4. The study provides information regarding documentation, paper work

and other important factors involved in getting term loan.

5. To be competitive and successful in modern corporate world, constant

capital flow is essential. Whether to expand your business or to relocate
your production unit to some other place for cost effectiveness, you
require finance. Its not always possible to fund them through interest
sources. A delay of a few days can cost you in millions.

LIMITATIONS

1. Error can be done due to estimations.

As the project is made on assumptions, error can be done, because it

may happen that the plan fall as the original profits and other expenses,
gains & losses are higher or lower than that of projected estimations.

2. Problem of unskilled managers.

The problem may occur if the financial managers are not enough
expertise, because a deep financial analysis is required while preparing
a new project.

Profile Of The Project

Name of the project

Afghan Dry Fruits

location

Kauser baugh society konhdwa,Pune411048

Maharashta,India

Telephone numbers

E-mail

Afghandryfruits@yahoo.com

Contact person

Mr.Gul Mohammad Alokozay

Website

WWW.Afghandryfruits.COM

Year of establishment

2013-2014

Name of executive director

GUL MOHAMMAD ALOKOZAY

PURPOSE OF THE LOAN

1. The basic idea behind taking the loan from the bank is to establish a new
business enterprise.
2. The firm requires term loan of Rs.840000 to establish a new Preschool.
3. The most important thing to take loan from the bank is to have cash in
hand.
4. The loan taken from the bank will be repaid in five years.

10

CHAPTER 2
ORGANISATIONS
PROFILE

11

Afghan Dry Fruits

Afghan Dry Fruits industry founded in May 2014 by GUL MOHAMMAD ALKOZAY the
owner of the Afghan Dry Fruits industry.
Afghan Dry Fruits industry has got permit from the health department of Maharashtra, after that
it started its business activity in Kauser baugh society, kondhwa pune with limited capital, in the
beginning of the business that capital was sufficient for running of the business after the founder
of the daily fresh has decided to take loan for purchasing of more machineries and developing of
the bakery in the market.
Afghan Dry Fruits Industry has many types of products such as Almonds, Pistachio, Kaju,
Afghani Pea, Date, Raisins and etc.
When I started this business it wasnt running successfully in the market and the problem was
that which we had a limited capital and very less no of machineries and that was not sufficient to
produce all kinds of product to satisfy the customer need, after the taking of loan from the bank I
invested the loan capital and purchase some more machineries for running of the business.
We are trying to challenge the other dry fruits industries and we need to update our information,
technology, product, and services to meet the changing needs of our customer.
To meet the new challenge the government of India encourages the small and medium enterprise
with very attractive finance scheme, to modernize and upgrade our units. This opened up
opportunities not only to small and medium enterprise but also those in the dry fruits industries
trade to supply the new technology,
Successful industries are able to blend sales to a routine client has with higher profit special
occasion order, whether the industry product focus on cake cookies or ethnic specialties,
Our strong marketing plan can increase sales and profit and the best marketing idea for bakery
product ethnic is potential customer to try your goods and turn them in to regular customer based
on your high quality offering.
So our main objectives are the satisfaction of customer and we are trying our best to produce a
quality product with reasonable price according to their needs.

12

AFGHAN SPECIAL DRIED FRUITS, ALMONDS:

AFGHAN DRIED FRUITS, PISTACHIO:

13

AFGHAN SPECIAL DRIED FRUITS, PEA:

AFGHAN SPECIAL DRIED FRUITS, RAISINS:

14

AFGHAN SPECIAL DRIED FRUITS Date:

AFGHAN SPECIAL DRIED FRUITS, Kaju:

15

Chapter-3
Present Market
Condition

16

Present market condition

The present market condition of food, beverages and fruits are more special for dried fruits, its
an special thing for eating and some other basic requirement as eyes witnessing are in the
prosperous and boom stages and having its own customer and market like anything in today of
market.
The current market condition that we are having our own business activities; it is the market of
hope and something to be believed in it.
We can say that the market for Daily use product is the market with huge customer noticeable
users with current market prices and values of dried products like almonds, Pistachio, date,
Raisins and etc; one can make sure that brilliant and favorable market could be there for fresh or
basic requirement businessmen.
As the economics of a country develops and the standard living of that country gets change the
value and expectation for different types product will surely get increase, because it is
something have to have it, without it we can say that it is not possible life.
Afghan Dry Fruits industry provides a fantastic, eco-friendly, customer satisfactory services
and quality products with high quality raw material and hygienic and health products
Our strong marketing plan can increase sales and profit and the best marketing idea for industry
product ethnic is potential customer to try your goods and turn them in to regular customer based
on your high quality offering.
So our main objectives are the satisfaction of customer and we are trying our best to produce a
quality product with reasonable price according to their needs

17

Role of Afghan Dry fruit In Market

With the over increasing the demand for precious energetic products and princely
style of living in the world the Agriculture and food producer

sectors

continuously having their valuable position in the world of competition, thus the
Afghan Dry Fruits has that.
The Afghan Dry Fruits has this energy and ability to give that dream which you
have it in your mind for years
With less than one year of the Afghan Dry Fruits activities in market it could find a
fantastic position in it by its quality of it service for customer.
Afghan Dry Fruits has been instrumental in developing of the high standard and
rectified by the department health from the minister of health and food and
Agriculture designing and building projects that enhance life style of the nation.
Today Afghan Dry Fruits has decided to complete its credit several successful
project which adds up to ten types of products with amazing and acceptable quality
of products
Today as the company races to keep demand pace with the growing demand for
quality of services and products development, it holds huge market and customers
in its hand to prove expertise that it can do something.
Financial soundness and undying passion for creating value for its service users as
well as itself

18

Together all these plus points add up to a powerful credibility that strengthens
building and customers.
Nowadays, dried fruits business is getting popular. You can find many industries
stores selling yummy almond or Pistachio that attack many buyers attention.
However, you still have the chance to win the competition in bakery business.
What you need to do before running the business is making bakery business plan.
When writing bakery business plan, you must consider the types of dry fruits
business you will run. In this time, you should decide whether you want to retain
the dried fruits product or to sell your industry product to the other retailers. After
deciding the type of business, you have to select the specialty of your productalmond, Pistachios, date, and the like. It is advised that you choose and create
dried industry product that are different from your competitors so that your
product remind unique. After that, you should be aware of advertising plan and the
strategy in order to promoting your business products. The last plan deals with the
shop location and the worker. At this step, you have to both choose strategic place
where the buyers can find you easily and plan how many worker will work for you.
If your business plan is ready, you can start running the business.
Making dried fruits business plan will guarantee your success in this business.

19

Present Markets condition:

20

Chapter -4
Research Methodology
1. Method of research
2. Primary method
3. Secondary method

21

METHOD OF DATA COLLECTION:

Method of Data Collection:
Primary Method
The information for this project has been collected through primary and secondary
sources.
In primary data collection, the information and data has been collected through
questions raised to the bank personnel during the visit followed by asking question
from the bank staff regarding procedure for giving business loan and enhancing
knowledge about the repayment procedure.

Secondary Method:
The secondary data collect through:
The secondary data were collected from the brochure of the bank, the boards with
the information displayed in the bank premises and, from the bank website
1. Through Bank pamphlets.
2. From Bank website.
3. From brochures.
4. From different books.
5. From RBI Website.
6.

From Education times/ Newspaper.

22

Chapter -5
Financial Analysis
1. Cost of the project.
2. Working capital of the project.
3. Revenue from Project A
4. Cost of project B.
5. Repayment of bank Loan.
6. Interest Calculations.
7. Calculation for depreciation.
8. Projected profitability statement.
9. Cash flow statements.
10.Projected Balance Sheet.

23

Afghan Dry fruits:

Cost of Project & Means of Finance

Cost of Project with details to Individual cost items :Rs. In Lacs
Particulars

Cost Rs

Cost Rs

land and building

600000.00

Machinery

300000.00

Furniture

100000.00

licenses

26450.00

working capital

173550.00

Total

1200000.00

Means of Finance :-

Rs

Particulars
owned capital 30%of capital

360000.00

Borrowed fund 70% capital

840000.00

Total

1200000.00

24

Cost of Project:

Cost of project

30%

Owned Capital
Borrowed Capital

70%

This cart shows that;

1. 30% of financing is our own capital is Rs.360000
2. 70% of financing is from Bank loan is Rs.840000
Note:
1. The cost of equipment and machinery has been taken from a website which provides bakery
equipment and the cost is in US Dollar which is converted in Indian Rupees.
www.Tms.bakeryindustery.co.uk.
2. The cost other expenses has been taken on the basis of research and discussion with experts.
3. The Unit of the project has been taken in INR.

25

Working Capital:

Particulars

Amount in Rs per month

Servants salary

8000

Printing and stationary

1500

Light Bill

4000

Rent

15000

Raw Materials

138600

Telephone expenses

1450

Other Expenses

5000

Total

173550

26

Statements A
Statements showing Revenue for project period

particulars

Revenue from Almond

Revenue for Pistachio

Revenue from Kaju

Revenue for Afghani Pea

Revenue from Dste

Revenue from Raisins

Total Amount Of Revenue

Year 1

Year 2

Year 3

Year 4

Year 5

1170000

1252700

1377970

1570886

1885063

624000

667680

734448

837271

1004724

294000

314580

346038

394483

473380

384000

410880

451968

515244

618293

360000

385200

423720

483041

579649

566400

606240

666864

760225

912270

3398400

3637280

4001008

4561150

5473379

27

Note:

1. The selling of almond is in kg. The selling price of each kg of almond is 650rs, and
the initial selling of almond for the first year is rs 1170000, the sells will increase
as the customers aware the quality of the product. The selling price is assumed to
be 7%, 10%, 14% and 20% for the next five years.
2. The selling of Pistachio is in kg. The selling price of each kg of Pistachio is 1300rs,
and the initial selling of Pistachio for the first year is rs 624000, the sells will
increase as the customers aware the quality of the product. The selling price is
assumed to be 7%, 10%, 14% and 20% for the next five years.

3. The selling of almond is in kg. The selling price of each kg of Kaju is 700rs, and
the initial selling of Kaju for the first year is rs 294000, the sells will increase as
the customers aware the quality of the product. The selling price is assumed to
be 7%, 10%, 14% and 20% for the next five years.
4. The selling of Afghani Peas is in kg. The selling price of each kg of almond is
1600rs, and the initial selling of Afghani Peas for the first year is rs384000, the
sells will increase as the customers aware the quality of the product. The selling
price is assumed to be 7%, 10%, 14% and 20% for the next five years.

5. The selling of Date is in kg. The selling price of each kg of almond is 200rs, and
the initial selling of Date for the first year is rs 360000, the sells will increase as
the customers aware the quality of the product. The selling price is assumed to
be in 7%, 10%, 14% and 20% for the next five years.
6. The selling of Raisins is in kg. The selling price of each kg of almond is 1180rs, and
the initial selling of Raisins for the first year is rs 566400, the sells will increase as
the customers aware the quality of the product. The selling price is assumed to
be in 7%, 10%, 14% and 20% for the next five years.

28

The chart showing Sales/Revenue during 5 years, the sales increases

by 7%, 10%, 14%, and 20%.

Sales in five years

6000000
5000000
4000000
Sales in five years

3000000
2000000
1000000
0
year 1

Year 2

year 3

year 4

29

Year 5

Statement B

Total amount of expenses during the projected period

PARTICULARS

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

Purchasing of Raw Materials

1663200

1746360

1868605

2018093

2219902

Salary & wages

96000

100800

107856

116484

128132

Rent

180000

189000

202230

218408

240249

Printing & Stationary

18000

18900

20223

21841

24025

Telephone

17400

18270

19549

21113

23224

Light bill

48000

50400

53928

58242

64066

Other Expenses

60000

63000

69300

74844

82329

Total Cost of Production & Total

Amount of Expenses

2082600

2186730

2341691

2529025

2781927

30

Notes:
1. The of two servants will be Rs., 4000 and 4000 respectively per month in the first year,
and will increase by 5% in second year, third year 7%, fourth year 8%, and fifth year
10%.

2. The purchasing of material in the first year is Rs.1663200, and it will increases by 5% in
second year, 7% in third year, 8% in fourth and 10% in fifth year.

3. The stationary expense in first year will be Rs 18000, and will increase by 5%, 7% 8%
and 10% till fifth years respectively.

4. The telephone expense in first year will be Rs 17400, and will increase by 5%, 7% 8%
and 10% till fifth years respectively.

5. The light for the first year is rs 48000. And will increase during the next five years.

6. The Rent of Land and building expenses initially will be Rs. 180000, for the first year but
it will increase by 5% in the second, 7% in the third, 8% in fourth and 10% in the fifth
year.
7. The miscellaneous expenses will be Rs. 60000, and it will increase by 5%, 7%. 8% and
10% in the comings year.

31

The chart showing Sales/Revenue during 5 years, the sales increases

by 5%, 7%, 8%, and 10%.

Cost of project
3000000
2500000
2000000
Cost of project

1500000
1000000
500000
0
year 1

year 2

year 3

year 4

32

year 5

Note:
Calculation of EMI in excel is shown as:
1) Loan amount = 840000
2) Rate of interest = 13% perineum
3) Term of Loan = 5 years
4) EMI (Monthly Installment ) = 19113

=PMT (0.13/12,*12,-840000).

PROJECTED REPAYMENT OF TERM LOAN & INTEREST

CALCULATION
Amount of long Term
Loan
Total

840000
Rs.
840000

Principal
Amount

Installment
Amount

Year

840000

127575

229356

101781

712425

712425

145184

229356

84172

567241

567241

165225

229356

64131

402016

402016

188031

229356

41325

213985

213985

213985

229356

15371

00.00

33

Interest p.a@
13%

Outstanding

Opening
Balance

Amount

Calculation of interest and EMI of bank loan for the first year:

Year No

1
2
3
4
5
6
7
8
9
10
11
12

Closing

EMI

Principal

Interest

19113

10013

9100

829987

19113

10121

8992

819866

19113

10231

8882

809636

19113

10342

8771

799294

19113

10454

8659

788841

19113

10567

8546

778274

19113

10681

8431

767592

19113

10797

8316

756795

19113

10914

8199

745882

19113

11032

8080

734849

19113

11152

7961

723698

19113

11273

7840

712425

229356

127575

101781

34

Balance

Calculation of interest and EMI of bank loan for the second year:

Year No

1
2
3
4
5
6
7
8
9
10
11
12

Closing

EMI

Principal

Interest

19113

11395

7718

701030

19113

11518

7594

689512

19113

11643

7470

677870

19113

11769

7344

666101

19113

11896

7216

654204

19113

12025

7087

642179

19113

12156

6957

630023

19113

12287

6825

617736

19113

12420

6692

605315

19113

12555

6558

592760

19113

12691

6422

580069

19113

12828

6284

567241

229356

145184

84172

35

Balance

Calculation of interest and EMI of bank loan for the third year:

Year No

1
2
3
4
5
6
7
8
9
10
11
12

Closing

EMI

Principal

Interest

19113

12967

6145

554273

19113

13108

6005

541165

19113

13250

5863

527915

19113

13393

5719

514522

19113

13539

5574

500983

19113

13685

5427

487298

19113

13834

5279

473464

19113

13983

5129

459481

19113

14135

4978

445346

19113

14288

4825

431058

19113

14443

4670

416615

19113

14599

4513

402016

229356

165225

64131

36

Balance

Calculation of interest and EMI of bank loan for the fourth year:

Year No

1
2
3
4
5
6
7
8
9
10
11
12

Closing

EMI

Principal

Interest

19113

14757

4355

387259

19113

14917

4195

372341

19113

15079

4034

357263

19113

15242

3870

342020

19113

15407

3705

326613

19113

15574

3538

311039

19113

15743

3370

295296

19113

15914

3199

279382

19113

16086

3027

263296

19113

16260

2852

247036

19113

16436

2676

230600

19113

16614

2498

213985

229356

187991

41325

37

Balance

Calculation of interest and EMI of bank loan for the fifth year:

Year No

1
2
3
4
5
6
7
8
9
10
11
12

Closing

EMI

Principal

Interest

19113

16794

2318

197191

19113

16976

2136

180215

19113

17161

1952

163054

19113

17346

1766

145708

19113

17534

1579

125174

19113

17724

1389

110450

19113

17916

1197

92534

19113

18110

1002

74424

19113

18306

806

56117

19113

18505

608

37613

19113

18705

407

18908

19113

18908

205

00.00

229356

213989

15371

38

Balance

Schedules
For
Depreciation

39

PROJECTED FIXED ASSETS AND DEPRECIATION

1. Depreciation on furniture

Years

Opening balance

Addition

depreciation
@ 10%

Closing
balance

1
2
3
4
5

100000
90000
81000
72900
65610
Total

0
0
0
0
0

10000
9000
8100
7290
6561
40951

90000
81000
72900
65610
59049

Note:
The depreciation on Furniture has been calculated on the bases of W.D.V method of
depreciation and at rate of 10% depreciation is assumed.

2. depreciation on Land and Building

Years

Opening balance

Addition

depreciation
@ 10%

Closing
balance

1
2
3
4
5

600000
540000
486000
437400
393660
Total

0
0
0
0
0

60000
54000
48600
43740
39366
245706

540000
486000
437400
393660
354294

Note:
The depreciation on Building and machineries has been calculated on the bases of W.D.V
method of depreciation and at rate of 10% depreciation is assumed.

40

Depreciation on Machinery

Years

Opening balance

Addition

depreciation
@ 10%

Closing
balance

1
2
3
4
5

300000
270000
243000
218700
196830

0
0
0
0
0

30000
27000
24300
21870
19683
122853

270000
243000
218700
196830
177147

Note:
The depreciation on Machinery has been calculated on the bases of W.D.V method of
depreciation and at rate of 10% depreciation is assumed.

Chart show the fixed assed, Depreciation and fixed after depreciation.

1200000
1000000
800000
Fixed Assets
600000

F.A After Depreciation

Actual Depreciation

400000
200000

0
year 1

Year 2

Year 3

Year 4

Year 5

Notes:
the depreciation on the assets have been calculated using the written down value method or
diminishing /reducing balance method, under this method, a fixed rate is charged as depreciation
every year on the reducing balance of the assets therefore the amount of depreciation charged
every year decreases over the life of the assets.
41

STATEMENT OF SURPLUS/DEFICIT FOR THE PROJECTED PERIOD

Statement of Loss & Profitability

Particulars

2013

2014

2015

2016

1017

Revenue From
Projected Period
A

3398400

3637280

4001008

4561150

5473379

Less: Expenditure
Of Projected Period
B

2082600

2186730

2341691

2529025

2781927

Profit Before
Depreciation,
Interest and Tax

1315800

1450550

1659317

2032125

2691452

Less: Depreciation

100000

90000

81000

72900

65610

Profit after
depreciation but
before interest and
tax

1215800

1360550

1578317

1959225

2625842

Less: Interest Of
The Loan

101781

84172

64131

41325

15371

Profit after interest

1114019

1276378

1514186

1917900

2610471

Less: Preliminary
Expenses

5290

5290

5290

5290

5290

Profit Before Tax

(PBT)

1108729

1271088

1508896

1912610

2605181

Less: Income tax

30%

332619

381326

452669

573783

681554

Net Surplus

776110

889762

1056227

1338827

1823627

42

CHART SHOWS SURPLUS/ NET PROFIT FOR THE PROJECTED PERIOD

Profit for projected period

2000000
1800000
1600000

1400000
1200000
1000000

Profit for projected period

800000
600000
400000
200000
0
year 1

year 2

year 3

year 4

43

year 5

CASHFLOW STATEMENT FOR THE PROJECTED PERIOD

Particulars

2013

2014

2015

2016

2017

Opening
Balance

927375

1767243

2744535

3973521

Sales &
Revenue

3398400

3637280

4001008

4561150

5473379

Own Capital

360000

Loan

840000

Total

4598400

4564655

5768251

7305685

9446900

Fixed Assets

1000000

Installments

229356

229356

229356

229356

229356

Working
Capital

2082600

2186730

2341691

2529025

2781927

License

26450

Tax Paid

332619

381326

452669

573783

681554

Total

3671025

2797412

3023716

3332164

3692837

Closing Balance

927375

1767243

2744535

3973521

5754063

Cash Inflows

Cash Outflows

44

THE CHART SHOWS CURRENT ASSETS FOR THE PROJECTED

PERIOD

CURRENT ASSETS
YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

6%
12%
38%

18%

26%

45

BALANCE SHEET FOR THE PROJECTED PERIOD

Particulars

2013

2014

2015

2016

2017

Own Capital

360000

1136110

2025872

3082099

4420926

Bank Loan

712425

567241

402016

213985

00.00

Net Profit

776110

889762

1056227

1338827

1823627

Total Amount of
Liabilities

1848535

2593113

3484115

4634911

6244553

Land & Building

540000

486000

437400

393660

254294

Machinery

270000

243000

218700

196830

177147

Furniture

90000

81000

72900

65610

59049

License

21160

15870

10580

5290

Current Assets

927375

1767243

2744535

3973521

5754063

Total Amount of
Assets

1848535

2593113

3484115

4634911

6144552

Current
Liabilities

Current Assets

46

CHAPTER - 6
CONCLUSION

47

Conclusion of the project:

To prepare a perfect project requires one who has good experience of financial
management, as well as he has to be familiar in the field, in which he is going to make a
project about.
Our experience in the field of dried fruits industry will help to make the best possible use
of available resources in the most cost effective way. Dry fruits are most popular which is
required by people as well as by business field, and yet they have to constantly adapt
changes coming mainly from technological development and worldwide education
system.
The next thing which is most important is planning. We have to plan, how to project the
industry so as to be beneficial both for management as well as for the people thus for this
purpose the business activity should work toward exploring innate potential of each child
believing each child to be unique and our programs should incorporate product is
provided verities, like Almond, Raisins, Pistachio and so on, though this will help the
project to achieve its success and to pronounce loss making and profit making centers.
The formulation of strategies is then done to minimize losses and boosting profit.

48

CHAPTER - 7
BIBILOGRAPHY

49

REFERENCES:
1. Books referred:
1. Financial management. By Satish Inamdar.
2. Advanced financial management. BY Dr.M.A.Kohok.
3. Management control System. By DR Vidyahar Bhate.

WEBLINKS
1.
2.
3.
4.
5.
6.
7.

www.Afghandryfruits.com
www.Afghanistan.com
www.RBI.com
www.wikipedia.org
www.askme.com
www.yahoo.com
www.google.com

50