ORGANIC RETAIL STORE PROJECT REPORT

The most simple understanding of Organic Product is “No Chemical Pesticides + No Chemical Fertilisers + Certification = Premium Price”. The term "Organic" means the way farmers grow and process farming (agricultural) products. The most commonly purchased organic foods are fruits, vegetables, grains, Dairy products and Meat items. Organic foods are produced through farming practices that only use natural substances. This means avoiding all artificial chemicals, hormones, antibiotics and genetically modified organisms (GMOs).Organic foods have gained popularity because people have become aware of their benefits. The biggest share in the organic food market comes from fruit and vegetables, followed by bread, cereals, milk and meat.

Today, organic food is not just a fad. For many people, it is a necessity to protect their health. Emerging data indicate that many diseases like cancer, skin diseases and lifestyle diseases may be caused by eating food loaded with pesticides and other chemicals. This knowledge is pushing consumers to look for safer choices. A major factor driving the demand of the India organic food market is the rising levels of health awareness in the country. Indian consumers have started giving attention to the nutrient content and the quality of the food they eat, thereby leading to a rising demand of organic food. Moreover, driven by factors such as strong economic growth, urbanization and rising income levels, the consumer expenditure on health and wellness products have increased significantly.

There has been a paradigm shift after the COVID-19 pandemic as consumers began to buy more organic foods as a preventive health measure.This has given rise to a growing market for organic food products, the size of which has nearly quadrupled in India in the past few years. Organic foods are now a Rs. 300-crore business in the domestic market. Opening an Organic Retail Store at this point of time is certainly a worthwhile decision for any entrepreneur in India. 

Buying a franchise is a safer and viable alternative to starting a business from scratch. Franchising refers to a business model where a franchisee can use franchising to start a business on a pre-established brand name of the franchisor. In a franchise business, the franchisor provides a developed way of doing business, ongoing guidance, systems and assistance in return for upfront commencement fee, periodic payment of royalty or for profit sharing arrangement. As a result, the franchise can predict its success and reduce risks of failure. 

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. The Project at a Glance

2. Highlights of the Project

3. Project Introduction

4. The Project Proposal

5. The Products/Services

6. Prospect for Investment

7. Potential Target Customers/Market

8.  Market Entry Strategy

9. Process Details and Technical Aspects

10. Installed and Operational Capacity

11. Quality and Standards

12. Raw Materials and Consumables

13. Power and Utility

14. Tentative Implementation Schedule

15. Basis & Presumptions

16. Capital Investment Estimates with Detail Project Economics

17. Computation of Working Capital Requirement

18. Estimated Total Project Investment

19. Proposed Means of Project Financing

20. Estimated Annual Sales Turnover

21. Projected Profitability Statement

22. Calculation of Interest Amount

23. Depreciation Schedule

24. Term Loan Repayment Schedule

25. Debt Service Coverage Ratio

26. Break-Even Analysis

27. Projected Cash Flow Statement

28. Projected Balance Sheet

29. Internal Rate Return

30. Pay Back Period

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

1.    Basics of Organic Retail Store Business;

2.    Statutory Permits and Business Licenses required for Organic Retail Store Business;

3.    Smart Tips to Identify Suitable Project Location for Organic Retail Store Business;

4.    Beginner’s Guide to Start Organic Retail Store Business;

5.    Critical Success Factors in Organic Retail Store Business;

6.    Marketing Strategy and Promotional Ideas to Boost the Sale of Organic Store Business and

7.    Organic Retail Store Business Franchise Opportunities available in India.

LIST OF ENCLOSURES

ENCLOSURE-1: SALIENT FEATURES OF MUDRA LOAN SCHEME, MINISTRY OF MSME, GOVT. OF INDIA.

ENCLOSURE-2: FAQ ON MUDRA LOAN SCHEME.

ENCLOSURE-3: BRIEF ABOUT PSB LOANS IN 59 MINUTES SCHEME.

ENCLOSURE-4: 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.