Click to Stitch Online Stitching Platform

Online Stitching Platform

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2. Group Members Yousaf Yaseen Abdul Hanan Muneeb Akhter Hafiz Mohammad Adeel Asad Inayat 2

3. Table of Contents Problem statement Introduction Mission Vision Process Flow Chart SWOT Analysis Organizational Chart Project Economics Project Cost Revenue Generation-1 Income Statement 4

4. 5 Problems Statement COVID-19 Shortage of time Cheap Stuff/material Measurement issue D elivery problem Transportation issue Family prohibition

5. Introduction Modified field of tailoring Desired outfits either formal or informal Embroideries, designs, prints and clothes of customers own choice Easy to access website Will operate locally at initial level 6

6. 7 Solutions: Click to stitch provide a online platform to solve all the customer problems regarding apparel. We make a website from their our customer select the fabric and colour. In second step select the design and the embroidery that he/she wants. In third step customer give detail of their measurement. Select the date when he/she wants the dress. In case of urgent we charged extra charges. In last step they checked out with half down payment and given their mailing address. Our Website link: https://yousafyaseen96.wixsite.com/clicktostitch

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8. Mission and Vision Mission Our mission is to provide easiness to all in selecting the apparels through technology because we believe that a well dress person feels confident and gives good impression to others . Vision Transforming the ideas of people into reality by providing best outfits. 9

9. Key Benefits: IT provides a platform to start a business at siting home. We are giving a platform to the people so they can buy and order their desire outfits. By saving their time with low cost. Now a days u sage of social media increase and trending thing get viral more quickly. People like comfort. 10

10. SWOT Analysis Strengths: • We Have knowledge about the fabrication quality e.g. latest trends and have a very good experience of Fabric. • As our public relation status, there is also credit facility available for us if we want to avail some short loans or purchase raw material of credit. In short, if unluckily short with some working capital we can run our store without any interruptions. • R eferences would help us of gaining good quality raw material and good quality stitching of fabric to make our product’s quality high in accordance with customers desire. 11

11. Cont. Weaknesses: • Trust issues regarding online shopping. • Measurement issues for fitting conscious customers. Late Delivery may cause some issues as transportation is not available sometimes. Opportunities •COVID-19 led many business shift to online so this is opportunity for us to avail some benefits from this. • Online retailing has a big scope, world is moving to virtualization. We can expand our business with the passage of time by taking good feedback from the customer and build our trust within the market. • We can cover large market from online store which will help us to increase our profit margin. 12

12. Cont. Threats Competitors e.g. Local tailors Some people enjoy shopping in market and malls with the purpose of outing and having lunch or dinner outside. Lack of experience of online business. 13

13. Process Flow Chart 14

14. Organizational Chart Designed by PoweredTemplate.com 15 Owner\Manager Designing Raw Material Stitching Finance Marketing HR Chief Designer Assistant Designer Manager Assistant Manager Workers Manager Assistant Manager Manager Assistant Manager Manager Assistant Manager Manager Assistant Manager Workers Skilled Workers Un-skilled Workers

15. 16 Project Cost Description Amount ( Rs .) Capital Cost   Machinery & equipment 790,300 Furniture & fixtures 236,000 Office vehicles 250,000 Office equipment 242,500 Pre-operating costs 97,000 Total Capital Costs 1,615,800 Working Capital   Equipment spare part inventory 25,000 Raw material inventory 105,100 Upfront building rent 720,000 Upfront insurance payment 110,160 Cash 145,137 Total Working Capital 1,105,397 Total Investment 2,721,197

16. Project Financing: 17 Description Details Total Equity (50%) Rs . 1,360,598 Bank Loan (50%) Rs . 1,360,598 Markup to the Borrower (%age / annum) 12 % Tenure of the Loan (Years) 5 Project Economics Description Details Payback Period (Years) 1.1

17. 18 Revenue Generation – Year 1 Description Operational Capacity @ 60% - Year 1 (No.) Sale Price / Piece ( Rs .) Sales Revenue ( Rs .) Civil Style 2900 2700 7,830,000 Ready Made Style 3500 2300 80,50,000 Total 6,400   15,880,000

18. 19   Year 1 Year 2 Year 3 Revenue:   Cost of Sales: Cost of Raw Material Stitching Cost Overheads Cost including Pressing Cost Direct Labor Machinery Maintenance Direct Electricity & Generator 15,880,000     6,122,800 5,782,400 352,000 583,750 471,100 477,750 18,500,200     7,750,300 6,203,100 420,400 785,200 580,500 520,000 20,500,400     8,900,400 6,500,000 475,200 850,000 670,100 580,200 Total cost of sales 13,789,800 16,259,500 17,975,900 Gross Profit 2,090,200 2,240,700 2,524,500   General administration & selling expenses Administration expense Administration benefits expense Building rental expense Electricity expense Communications expense (phone, fax, mail, internet, etc.) Office vehicles running expense Office expenses (stationary, entertainment, janitorial services, etc.) Promotional expense Insurance expense Depreciation expense     320,000 25,400 720,000 75,000 120,000 35,000 180,000   130,000 110,160 99,173     350,000 35,000 792,000 90,000 122,000 40,000 182,000   125,000 95,000 99,173     420,300 46,000 871,000 120,000 125,200 48,000 188,000   132,000 88,000 99,173 Subtotal 1,814,733 1,930,173 2,137,673 Operating Income 275,467 310,527 386,827 Gain / (loss) on sale of office equipment Gain / (loss) on sale of office vehicles - - - - - - Earnings Before Interest & Taxes 275,467 310,527 386,827 Tax 65,000 70,000 78000 NET PROFIT/(LOSS) AFTER TAX 210,467 240,527 308,827 Income Statement:

19. Thank You!