Wireless Mobile Charger

WIRELESS MOBILE CHARGER

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ABSTRACT The mobile market is booming with a great pace. In a populated country like India mobile market has a great future, as it plays a vital role in daily life. In the current trend of time it is always a hectic work to wait at home and waste time, while the mobile charging is going on .To solve this problem we need a wireless mobile charger, which can charge the mobile remotely and we need not to wait at home. This charger can charge the mobile with in a 50-meter range. The product we are providing will definitely take mobile market to a new high.

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ACKNOWLEDGEMENT

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TABLE OF CONTENTS ABSTRACT...................................................................................................................ii ACKNOWLEDGEMENT............................................................................................iii TABLE OF CONTENTS..............................................................................................iii 1. GENERAL INFORMATION....................................................................................1 2. ENTREPRENUER PROFILE...................................................................................2 3. TYPE OF THE PRODUCT / SERVICES.................................................................3 MARKET POTENTIAL...........................................................................................3 3.1 Present Demand and Supply of the Product:........................................................3 3.2 Competition:.........................................................................................................4 3.3 Target Clients:......................................................................................................4 3.3 Marketing Strategy:..............................................................................................4 4. DETAILS OF THE PROPOSED PROJECT.............................................................5 PRODUCTION SCHEDULE....................................................................................5 4.1 Number of Working Days per Annum:............................................................5 4.2 Number of Working Shifts:..............................................................................5 iii

4.3 Installed Capacity:............................................................................................5 4.4 Utilized Capacity (%):......................................................................................5 I - Year - 68% ..........................................................5 II - Year - 79% ....................................................................5 III -Year - 86% .......................................................................5 ADVANTAGE CUSTOMERS: ..........................................................................5 PROFIT PROSPECT:............................................................................................6 ..................................................................................................................................6 4(A) Land and Building:........................................................................................6 4(B) Machineries / Equipments:............................................................................6 4(C) Miscellaneous Fixed Assets:..........................................................................7 4(D) Preliminary and Pre Operative Expenses:.....................................................7 4(E) Sales Revenue:...............................................................................................8 4(F) Raw Material (Monthly Requirement):..........................................................8 4(G) Utilities-Monthly:......................................................................................8 4(H) MAN POWER (Salaries/Wages) - Monthly: ...............................................9 4(I) Repairs and Maintenance- Monthly................................................................9 4(J) Selling and Distribution Expenses- Monthly..................................................9 4(K) Administrative Expenses-Monthly................................................................9 4(L) Interest-Annual.............................................................................................10 4(M) Depreciation:...............................................................................................10 5. WORKING CAPITAL (ONE MONTH/ONE CYCLE)..........................................11 6. TOTAL COST OF THE PROJECT.........................................................................12 7. MEANS OF FINANCE...........................................................................................13 8. PROFIBILTY PROJECTIONS .............................................................................14 9. BREAK EVEN POINT CALCULATION ............................................................15 10. CONCLUSION .....................................................................................................16

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ENTREPRENEURSHIP PROJECT

1. GENERAL INFORMATION

Name of the Entrepreneurs:

Proposed Project: Wireless mobile charger.

Major Product / Services: Mobile industry.

Proposed Locations: Rourkela.

Type of Organization: Communication Organization

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2. ENTREPRENUER PROFILE 1.

Name :’

2.

Educational Qualification: Bachelor of Technology Technical Skills: Networking, Management Skills

3.

Name:

4. 5.

Educational Qualification: Bachelor of Technology Technical Skills: Networking, Software Testing.

6.

Name : Educational Qualification: Bachelor of Technology Technical Skills: Software and Hardware maintenance.

4.

Name: Educational Qualification: Bachelor of Technology Technical Skills: Networking, Management Skills

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3. TYPE OF THE PRODUCT / SERVICES 1.

Type of the Project : Mobile Technology

2. Product / Services Description : The project aims at developing a new dimension in the Mobile Technology through a wireless mobile charger. A wireless mobile charger will be delivered to people with the help of distributors. It can also be available through online-shopping. 3. Major Consumers : There are no age groups specified. Our major consumers will be people for whom mobile plays a vital role in daily life .

MARKET POTENTIAL 3.1 Present Demand and Supply of the Product: The Indian mobile market is one of the fastest growing sectors in India as India is full of mobile users. The market is flooding with mobile retailers but the major players like Nokia, Motorola are on top. As the mobile demand is growing with population this industry will not go down so early. And another factor is that in the current trend it is like fashion to have a mobile. So as soon mobile is there people will need chargers, after all one mobile user will definitely have one charger.

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3.2 Competition: Currently no one produces wireless mobile charger, so it will be a great opportunity for us to grasp the market, however company like Nokia, Motorola and Ericson may be the competitor for us. Besides that there are local mobile accessories producing company which may try to compete with us. 3.3 Target Clients: Our main target client belongs to the age group of 18-60. However any body who has a good passion for mobile will be our customer. 3.3 Marketing Strategy: The Marketing Strategy will be advertising the product in the media through the various advertisements telecasted in different channels, in print media and advertisement on the internet.

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4. DETAILS OF THE PROPOSED PROJECT This plan will focus on a mobile charger with some added functionalities that will definitely lead to take mobile technology to a new high. We will have charger which will charge the mobile with out any wired connection. This industry will be maintained by communication engineers, hardware engineers and a management team.

PRODUCTION SCHEDULE 4.1 Number of Working Days per Annum: The Firm will remain open for all days except on Sunday, national & local holidays. 4.2 Number of Working Shifts: Since it is a production firm so the working shift from 10.00 am to 5 pm Sometimes when demand is high we will make night shift. 4.3 Installed Capacity: 4.4 Utilized Capacity (%): I - Year - 68% II - Year - 79% III -Year - 86%

ADVANTAGE CUSTOMERS: Customers will be benefited from our mobile charger by charging the mobile wirelessly and saving their valuable time. Our store will also offer a membership for the customers and members will be charged 10% lesser than other customers.

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PROFIT PROSPECT: Considering the selling prices of the mobile charger Rs.800/-, and the profit margin is also about 40%. And considering the best case and proper functioning we will churn out annual revenues of Rs. 48 Lacks approximately.

4(A) Land and Building: Sr. No.

Particular

Area Required

1. 2.

Land Building (on rent)

NA 40000sqFt

Total Value(P.A.) NA Rs. 3,60,000

Total:

Rs. 3,60,000

Remarks NA Rental charge is nearly Rs. 30,000 per month

4(B) Machineries / Equipments: Sr. No.

Description

1.

Copper wire.

Nos. Required(per month) 1000 mts

2.

Plastic cabinet.

3.

Rate(Rs.)

Total Value(Rs.) 20,000

550

20(per mtr) 20

Antena

550

50

27,500

4.

Steel pins.

1100

5

5,500

5.

Capacitor

550

5

2,750

6.

Register

550

5

2,750

7.

AC to DC converter

550

5

2,750

8.

DC to AC converter

550

5

2,750

9.

Receivers

550

50

27,500

Total

165

1,02,500

6

11,000


4(C) Miscellaneous Fixed Assets: Sr. No.

Description

Nos. Required

1.

Furniture

2.

Inverter

Table (12) Chairs (15) Racks (100) 1

3.

Central A.C.

4. 5. 6.

Rate(Rs.)

Total Value(Rs.)

500 400 1000 7,000

6,000 6,000 1,00,000 7,000

1

1,00,000

1,00,000

Stabilizer

1

15,000

15,000

computers

2

40,000

80,000

10

300

3000

Total:

3,27,000

Soldering Machine

4(D) Preliminary and Pre Operative Expenses: Sr. No. 1. 2. 3.

Particulars Interest during implementation Establishment Expenses Start-Up Expenses Misc. expenses Total

Amount (Rs.) 50,000 30,000 80,000 1,60,000

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Remarks


4(E) Sales Revenue: The sales revenue of the business depends on the number of customers it has dealt with in a day.

Year Items (2007) 1.

Quantity sold/year

Wireless Charger

Mobile

6,000

Rates per unit Sales (Rs) realization(Rs) 800

48,00,000 Total 48,00,000

4(F) Raw Material (Monthly Requirement): Sr. No.

Description

1.

Copper wire.

Nos. Required(per month) 1000 mts

2.

Plastic cabinet.

3.

Rate(Rs.)

Total Value(Rs.) 20,000

550

20(per mtr) 20

Antena

550

50

27,500

4.

Steel pins.

1100

5

5,500

5.

Capacitor

550

5

2,750

6.

Register

550

5

2,750

7.

AC to DC converter

550

5

2,750

8.

DC to AC converter

550

5

2,750

9.

Receivers

550

50

27,500

Total

165

1,02,500

11,000

4(G) Utilities-Monthly: Sr. No. 1. 2. 3. 4.

Particulars Power/Electricity Water Coffee blender machine Any other item

Annual Expenditure(Rs) 1,5000 10,000 20,000 40,000 Total

2,20,000

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Remarks


4(H) MAN POWER (Salaries/Wages) - Monthly: Sr. No. 1. 2. 3. 4. 5.

Particulars

No.

Skilled Semi Skilled Unskilled Office Staff Any Other

5 4 2 2 5

Wages/Salaries per Month(Rs.) 7,000 5,000 4,000 3,000 2,500

Annual Expenses(Rs) 4,20,000 2,40,000 96,000 72,000 1,50,000

Total

9,78,000

4(I) Repairs and Maintenance- Monthly Sr. No. 1. 2. 3.

Particulars

Amount(Rs)

Computer and Electronic goods Hardware Maintenance Office maintenances Total

50,00 80,00 10,00 140,00

4(J) Selling and Distribution Expenses- Monthly Sr. No 1. 2.

Particulars

Amount(Rs)

Publicity Expenses Traveling

Remarks

10,000 10,000 Total 20,000

4(K) Administrative Expenses-Monthly Sr. No 1. 2. 3.

Particulars

Amount(Rs)

Stationery & Printing Post/Telephone/Telegrams Advertising Expenses

1,000 6,000 5,000 Total

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12,000

Remarks


4(L) Interest-Annual Year 1

Outstanding Loan Amount (Rs) 40,00,000

Interest

Installment(Rs)

Balance(Rs)

4,00,000

8,00,000

44,00,000

Expected Life

Depreciation

4(M) Depreciation: Sr. No. 1. 2.

Type of Asset Computer Assets

Cost of Asset 22,000 1,04,000

5 yrs 5 yrs Total

10

18,000 40,000 58,000


5. WORKING CAPITAL (ONE MONTH/ONE CYCLE) Sr. No. 1.

ITEM Raw-Material

Rs. 82,500

2.

Salary/Labor

4,527/labour/month

3.

Interest on loan

4,00,000/year

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6. TOTAL COST OF THE PROJECT Sr. No. 1. 2. 3.

Particulars

Total Value(Rs.) 7,89,500 4,87,027

Fixed Capital (Total of item No.2.1,2.2,2.3) Working Capital margin (Total of item No. 2.5) Preliminary & Pre-operative Expenses (Total of item No. 2.4)

1,60,000

Total

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14,56,527


7. MEANS OF FINANCE Sr. No. 1. 2.

Particulars

Amount (Rs.) 2,00,000 40,00,000

Own Investment Working Capital Loan Total:

42,00,000

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Remarks


8. PROFIBILTY PROJECTIONS Sr. No. A. B. i) ii) iii) iv) v) vi) vii) viii) ix) x)

Particulars

Amount (Rs.)

Sale Realization

48,00,000

Cost of Manufacturing/ Servicing Machineries/Equipments Utilities Salaries/Wages Repairs & Maintenance Selling & Distribution Expenses Administrative Expenses Interest Rent Depreciation Misc. Expenses

1,02,500 2,20,000 9,78,000 1,40,000 40,000 75,000 4,00,000 5,50,000 58,000 1,84,000 Total

C. D. E.

27,47,500 20,52,500 6,91,077 13,61,423

Gross Profit/Loss(A-B) Income-tax Net Profit/Loss

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9. BREAK EVEN POINT CALCULATION Break Even Point = Total fixed cost * 100/ (total fixed cost + Profit) Total fixed cost = 14, 56527 Total Profit = 13, 61423 BEP =51.68

Total Cost

Unit of output

Break even point

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10. CONCLUSION By using this charger we need not to wait at one place. So the clumsy wire is not required. The charger will charge the mobile at range of 50 meter. The charge will charge the mobile quickly. It is a cost effective component. Its cost is very less. Hear advance technology is used for this. This is a user effective devise. As the mobile used today it will provide partiality to the user.

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Wireless Mobile Charger

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