GOLDEN CAFE

Chai – Look good, Feel good

 A REPORT
ON
GOLDEN CAFE:
Chai – Look good, Feel good

COURSE TITLE: Financial Accounting

Prepared by
K. Annie Priscilla
Rituz Thakur
V. Haritha
BCOM (TAX)
CONTENTS
INTRODUCTION……………………………………………………………
Background of the report……………………………………………………
Objectives of the report………………………………………………………
Location of the report………………………………………………………....
Limitations of the report………………………………………………………
Structure of the report………………………………………………………...
DETAILS OF ENTREPRENEUR…………………………………
Mohammad Aadil Ali Khan
BUSINESS DETAILS………………………………………………………..
CHALLENGES OF ENTREPRENEUR……………………………………
RECOMMENDATION………………………………………………………
 ACKNOWLEDGEMENT

A report is a vital and fundamental method for procuring common

sense information on the grounds that the information on an
understudy doesn't get satisfied until he or she obtains information
hypothetically and basically.
At the absolute starting point, I clearly express my most profound
thanks and appreciation to my noteworthy Course lecture Kalpana
Reddy, speaker, Department of Finance Accounting, Avinash College
of Commerce for giving her significant time, rules and exhortation in
readiness of our report.
In this association, I might want to thank the people, from whom I got
essential information. They are:
 Mohammad Aadil Ali Khan.
I went a few different proprietors, yet they were not able to help me.
This individual aided me by giving me important data. This report has
been arranged in view of their own and business data.
I'm thankful to him for their supportive conversation to effectively set
up the report. His heartiest co-activity makes my objective more
straightforward.

……………………………..
K. ANNIE PRISCILLA
RITUZ THAKUR
V. HARITHA
BCOM (TAX)
 EXECUTIVE SUMMARY

One common spot for each standard or strange individuals in our

nation is a tea-slow down. It is the main put where individuals will
more often than not focus on taking tea and meddling; rather the spot
or the actual mood.
The tea-stalls are taken as experiment places for this report. The stall
selected as that is close to the reporter’s home and represents as a
model for every other tea-stalls in the country. As a matter of fact, the
family background of every owner of the stall is also reflected in the
report.
Details of their financial and non - financial data have been included.
For example, where it is situated, when it was established, how much
they sell in a day, what is their products, what is their amount of profit
per day etc information is included here.
Every entrepreneur faces at least a minimum number of setbacks. So,
the challenges or the setbacks they had to face or facing everyday are
also included. Their main problems are lacking of capital, Temporary
Business, political problem, delay in collecting account receivable etc.
2 recommendations for every tea-stall-owner or the tea-stall is given
in the report so that they can increase their sales. These
recommendations have been given considering their challenges. So,
by following these, they can increase their number of sales.
 Increasing capital
 Selling quality product
 Introducing new product
 Shifting stall from drain area
 INTRODUCTION
Background of the report
This report has been prepared as a requirement of the Bachelor of
Commerce (BCOM TAX) program under Department of Finance,
Avinash College of Commerce. I have visited a small tea business
(GOLDEN CAFE ) to find out Entrepreneur background, business
details, challenges.
Objectives of the report
There are certain objectives to make this Report. These are –
Brand objective: The broad objective of this report is to know about
small tea stalls and entrepreneurs of these businesses.
Specific objectives:
The specific objectives of this Report are:
 To analyse entrepreneur’s background.
 To know pros and cons of business.
 To find out problems of this types of business.
 To recommend two recommendations for each business.
Location of the report
The next one is just a block ahead of the first one. This is commonly
known as ‘GOLDEN CAFÉ’. Local people, especially students,
rickshaw puller, labour is the main customer of this stall.
Limitations of the report
There were some problems while I was doing this report. A whole
hearted effort was applied to conduct the report and to bring a reliable
and fruitful result. In spite of having the wholehearted report, there
exist some limitations, which acted as barrier to conduct this program.
limitations are noted below:
 There are many entrepreneurs but I visited only three.
 Different tea stall faces different types of challenges
 I didn't get accurate financial data because of privacy issue.
Structure of the report
The report has been divided in five segments:
1. First part of the report describes the introductory words of the
report in which Background of the Report, limitations of the report
are included.
2. The second segment contains Background of Entrepreneurs.
3. The third segment contains Details of "Golden Cafe" business
4. The fourth segment contains the challenges of "Golden Café"
business.
5. The fifth segment contains recommendations to increase sell of
"Golden Cafe" business.
 DETAILS OF THE ENTREPRENEURS

Mohammad Aadil Ali Khan is the entrepreneur of GOLDEN CAFE.

He is from Mumbai. He is 69 years old. His family consists of 5
members; he, his wife and their 3 children. At present he lives in
Hyderabad. In his early life, he was daily labour in Mumbai. He
Report to school ended in class 7. So, he has no way to do a good job.
He could not earn much for his family. Moreover, he did not get to
work every day. One day he thought of leaving his family going far to
earn money, and then he ended up going to Hyderabad and started a
new life. He had worked in many tea stalls and with his savings he
opened his first cafe named " GOLDEN CAFE".

BUSINESS DETAILS
This cafe is placed Secunderabad 1 beside a main road with a lot of
customers most of whom are rickshaw-pullers, students and drivers of
the near-by rent-a-car office. Md. Aadil Ali Khan has decorated his
tea stall keeping his customer in mind, his business detail is as below:
Establishment: 2012
Location: Secunderabad
Primary capital: 3000
Present capital: 50000
Product: Main product is tea. But besides selling tea, he sells coffee,
biscuits, buns, chips, banana, cigarette, egg, juice, etc.
Daily sales: 5000
Profit: 700-800
First day of anything is quite different from all other days. It is not
different in case of Md. Aadil Ali Khan’s first day at his business.
That memory is still green in his brain. He sold for 700 in first day.
From that he made a profit of 120.
 CHALLENGES OF ENTREPRENEURS

Like others, Md. Aadil Ali Khan faces some problem in his business.
Some of this problem is acute and some others are normal. He is
facing these problems most:
 Temporary store: As his cafe is not permanent, he can’t do
anything for long term to expand his business or investing capital.
 Sales on credit: He has to sell on credit a large amount every day.
As he is familiar to almost all, he couldn’t refuse them. It is a major
problem and it is creating many others problem.
 Uncollected due sales revenue: Uncollected revenue is of a huge
amount. His significant amount of capital is blocked in this way.
 Local political leaders: Some local political leader collect levy
from them. Moreover, they have their snacks with their follower in
stall without money.
 Unhealthy environment: the stall stands on the road. So,
environment is not healthy.
 RECOMMENDATION
There are a lot of ways to increase sale of a business. Here is two to
increase sale of Golden Cafe:
1. Taking steps to keep food safe from polluted environment.
2. Introducing new food item or Tea with new flavour.