A home business is a small establishment or business that people operate from their home. Working remotely and starting businesses from home have grown in popularity over the past decade. The reason for starting a home-based business varies, but there are few scenarios that make starting a home-based business an excellent idea. Some may be currently employed, but are worried about job security. For few, though they are employed, but are simply tired of working for someone else. One may have been out of the workforce because of family demands from children or elder care or perhaps anticipate the demands of family taking one out of the work force in the near future. Accordingly, many individuals are now searching for home-based business ideas for either becoming financially independent or for having a part-time income besides their present job. Moreover, during this post covid-19 situation, working from home can be rewarding and fun. At a time when social distancing may be important, more people than ever are glad to stay at home for work. Luckily, there are many home business ideas those spark our thinking.

Retailers often seek customized packaging for their goods as retailers continue to compete for the attention of consumers due to which a necessity for eye-catching packaging has increased nowadays. Meanwhile, the food safety and packaging norms are getting stricter and this is expected to promote use of good quality packaging. Also the affordability, smaller urbanized household size and time compression is expected to give way to the packaged product category in future time period.

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. Tips to Identify Suitable Project Location.

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.