Thursday 16 August 2012

Research program


Having conducted a thorough research and choosing the business enterprise to be started, the students of all the teams involved in school enterprise prepared a business and financial plan under the guidance of the teachers. Different departments such as production department, finance department and marketing department analysed the various strategies to decide the business plan which will be practiced. The students gave the background about the school in the business plan and laid down the objective to be achieved. They also decided upon the operational plan i.e. how the product (vermicompost) will be produced, advertised and sold in the target market, what sales promotional strategies should be adopted to increase sales & how the profits will be utilised. They also analysed the sustainability of the project & how business cab be expanded to a large scale in the long run.
The financial plan was made after conducting several meetings with the managing committee. The cost structure and profit was also estimated.




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