Power Extension Boards are a common and convenient way to bring power to electrical devices. It is connected through an insulated, flexible electric wire fitted with a plug at one end and a number of sockets (usually one or more) often arranged in a line on the other, allowing one to plug in devices whose cords are not long enough to reach a wall Outlet/Socket. The proposed project is that of setting up of a Power Extension Board assembling unit at the proposed location. The target market for the proposed unit is retail stores (Super Markets, Departmental stores, Electrical stores and others) in all the densely populated urban centres including all tier II/III cities / towns. In addition to selling through retail channels, efforts would be made to penetrate sale through online shopping channels too. This will allow regular supply of the products from the unit to market for customers facilitating placing order from the comfort of their home.

A great functional household product, the utility of a Power Extension Board is undeniable as it connects all our electrical and electronic devices simultaneously and also protects them from electrical surges or spikes. Suitable for powering computers, TV's, laptops, mobiles and various other electrical appliances makes it easy to place it anywhere. One can choose an extension board as per number of slots, LED display indicators, USB port availability, cord length, response time for it to restart in case there is a power surge and absorption rating. Factors such as population expansion and growing consumer requirements have significantly increased the number of households in India. Therefore, the rise in the number of residential and commercial building projects is expected to boost the growth of the electrical product market in India during the forecast period. In view of the ever growing population, rising consumerism, the rise in the number of residential and commercial buildings etc. is expected to boost the growth of the electrical product market in India. Therefore, Power Extension Board assembling business appears as one of the profitable business venture for the aspiring entrepreneurs of the Indian subcontinent.

A Project Report is not only essential for obtaining financial assistance from Bank/ Financial Institution/Funding Agency but also the most important document either to participate in the development schemes of MSME Sector/ Department of Industries or in completing various time consuming government formalities connected with planning and commercial operation of the proposed business project.

This Detail Project Report (DPR)/ Business Plan has been developed in a well-structured PDF Format (Easy to Download, Convert into MS WORD through www.pdftoword.com, Edit for Personalised Customisation and Finally Printing the Report) to be presented as a Ready Project Proposal immediately thereby saving precious time of the promoter in the process of completing requisite formalities in anticipation of setting up the business project. Accordingly, following Project Templates has been deliberately left blank in order to facilitate customisation by the perspective entrepreneurs based on personal requirements and furnish necessary information on actual basis.

§ Project at a Glance                                     :             To be Filled Up as per Personal Requirements.

[Total Capital Expenditure, Working Capital, Estimated Cost of the Project, Amount of Bank Loan, Amount of Equity Capital and Amount of applicable Margin Money Subsidy – (Urban/Rural /General Category/ Special Category)].

§ General Information and Location          :             To be Furnished in the Blank Space.

[Name of the Unit/Firm, Address of the Proposed Project Location, Size of the Space Available and Occupancy under Ownership/Lease Agreement].

§ Promoter’s Background                            :             To be Furnished in the Blank Space.

[Name of the Promoter, Age, Communication Address, Educational Qualification, Work Experience and Special Training Attended, if Any].

 The Project Report/ Business Plan so presented include all the important aspects containing the following details;

CONTENTS

1.    Highlights of the Project

2.    Project Introduction

3.    The Project Proposal

4.    Prospect for Investment

5.    Potential Target Customers/Market

6.    Marketing Strategy

7.    Critical Success Factors

8.    Process Details and Technical Solutions

9.    Installed and Operational Capacity

10.  Quality and Standards

11.  Raw Materials and Consumables

12.  Power and Utility

13.  Tentative Implementation Schedule

14.  Basis & Presumptions

15.  Capital Investment Estimates with Detail Project Economics

16.  Computation of Working Capital Requirement

17.  Estimated Total Project Investment

18.  Proposed Means of Project Financing

19.  Estimated Annual Sales Turnover

20.  Projected Profitability Statement

21.  Calculation of Interest Amount

22.  Depreciation Schedule

23.  Term Loan Repayment Schedule

24.  Debt Service Coverage Ratio

25.  Break-Even Analysis

26.  Projected Cash Flow Statement

27.  Projected Balance Sheet

28.  Internal Rate Return

29.  Pay Back Period

The presentation also supplements with important facts and useful information covering the areas as indicated below;

1.    Statutory Permits and Business Licenses Required for the Project

2.    Important Steps to Start a MSME Business Unit and

3.    Contact Details of Machinery Suppliers (Nine Suppliers).

LIST OF ENCLOSURES

ENCLOSURE-1: E-BOOK ON SCHEMES FOR MSMEs, MINISTRY OF MSME, GOVT. OF INDIA.

ENCLOSURE-2: SALIENT FEATURES OF MUDRA LOAN SCHEME, MINISTRY OF MSME, GOVT. OF INDIA.

ENCLOSURE-3: FAQ ON MUDRA LOAN SCHEME.

ENCLOSURE-4: BRIEF ABOUT PSB LOANS IN 59 MINUTES SCHEME.

ENCLOSURE-5: FAQ ON PSB LOANS IN 59 MINUTES SCHEME.

Thus the information provided would help in identifying in advance the infrastructure/resources required for the Project and approach the concerned government agencies accordingly. Hence, it becomes a complete document for further action towards realising the dream of becoming an entrepreneur.