1|Page

Assignment Cover Sheet

Qualification Module Number and Title

HD in Business Management BM5307: Student Project
Student Name & No. Assessor
M H M ADHIL Mrs. Pavithra Herath
KD/HDBM/59/23
Hand out date Submission Date
20/5/2022
Assessment type Duration/Length of Weighting of Assessment
Assessment Type
Coursework 4, 000 words 100%

Learner declaration

I, …M H M ADHIL (KD/HDBM/59/23)…….certify that the work submitted for this

assignment is my own and research sources are fully acknowledged.

Marks Awarded

First assessor

IV marks

Agreed grade

Signature of the assessor Date:

FEEDBACK FORM

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

2|Page

International College of Business & Technology

Module : BM5307 Student Project

Student : M H M ADHIL (KD/HDBM/59/23)
Assessor : Mrs. Pavithra Herath
Assignment : Individual Report

Strong features of your work:

Areas for improvement:

Marks Awarded:

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

3|Page

ACKNOWLEDGEMENT

In performing my assignment, it is a success I had to take help and guidance from some
respected persons. First, I’m grateful to my lord. Who gives me sound mind and sound health
to accomplish my assignment? And my special thanks to Mrs. Pavithra Herath, the lecture of
“Student Project” of international college of business and technology for making the subject
interesting and giving a great support to make this report successfully.
Also, I would like to thank my parents for gave me the valuable opportunity of building up
my future.
Further thanks to my colleagues who have been sharing knowledge and helping each other to
clear any doubts.

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

4|Page

ABSTRACT

This report is based on Student Project, which consists of planning, organizing and
controlling a business. This report will also assess subjects such as evaluating the
interdependence of management functions, applying a range of tools and techniques available
for mangers to a given situation, demonstrating the ability to generate authentic, creative and
practical solutions to common needs in the market, and work within professionally accepted
ethical and legal boundaries.
This report derives from an in-depth study, personal knowledge and some research has been
done in order to explore more details.

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

5|Page

Table of Contents
ACKNOWLEDGEMENT.........................................................................................................3

ABSTRACT...............................................................................................................................4

Table of Figures.....................................................................................................................7

SUMMARY...............................................................................................................................8

BUSINESS PLAN.....................................................................................................................9

Business Name.......................................................................................................................9

Business Logo........................................................................................................................9

BUSINESS DESCRIPTION....................................................................................................10

TIE - DYE BUSINESS........................................................................................................10

Why we selected Tie Dye Business.....................................................................................11

Skills Required.....................................................................................................................11

VISION AND MISSION.........................................................................................................12

GOALS AND OBJECTIVES OF THE BUSINESS...............................................................12

Goals....................................................................................................................................12

Objectives.............................................................................................................................12

STARTUP PLAN.....................................................................................................................13

Business Location................................................................................................................13

Raw Materials......................................................................................................................13

Labor....................................................................................................................................14

Capital..................................................................................................................................14

SWOT ANALYSIS..................................................................................................................15

PEST ANALYSIS....................................................................................................................15

WORK BREAKDOWN STRUCTURE (WBS)......................................................................16

GANTT CHART......................................................................................................................17

BUSINESS STRATEGIES......................................................................................................17

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

6|Page

MARKETING PLAN..............................................................................................................18

Marketing Goals & Objectives.............................................................................................18

Market Segmentation...........................................................................................................19

Marketing Mix.....................................................................................................................19

Price:................................................................................................................................20

Product:............................................................................................................................20

Promotion:........................................................................................................................20

Place:................................................................................................................................20

COMMUNICATION PLAN...................................................................................................21

Internal and external events that affects the business..........................................................22

Risk Analysis.......................................................................................................................23

Risk Mitigation.....................................................................................................................24

Health and Safety.................................................................................................................25

Steps we take to manage health and safety at work.............................................................26

FINANCIAL PLAN.................................................................................................................27

Financial goals and objectives.............................................................................................27

Financial Policies.................................................................................................................27

BUDGETED CASH FLOW STATEMENT.......................................................................28

BREAK EVEN ANALYSIS................................................................................................29

Break Even Point..................................................................................................................30

Selling Price.........................................................................................................................31

Sales forecast........................................................................................................................32

Income Statement.................................................................................................................33

ISO STANDARDS..................................................................................................................35

FASHION GALLERY.............................................................................................................36

References................................................................................................................................37

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

7|Page

Table of Figures
Figure 2 work breakdown structure.........................................................................................14
Figure 3 Health and safety involved in the business................................................................23

Table 1 SWOT analysis...........................................................................................................13

Table 2 PEST analysis.............................................................................................................13
Table 3 Gantt chart...................................................................................................................15
Table 4 Market Segmentation..................................................................................................17
Table 5 internal and external events that affects the business..................................................20
Table 6 Risk analysis...............................................................................................................21
Table 7 Risk Mitigation...........................................................................................................22
Table 8 Cash Flow Statement..................................................................................................26
Table 9 Break even analysis.....................................................................................................26
Table 10 Sales forecast.............................................................................................................29
Table 11 Income Statement......................................................................................................30

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

8|Page

SUMMARY
I have just completed HD in Business management at ICBT successfully. I am now thinking
about starting my own business venture as a sole proprietorship. After selecting a viable
business idea, I have prepared a business plan including key areas which could influence
investors and decision makers.

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

9|Page

BUSINESS PLAN
Business Name
 Name: SPLASH
 Slogan: THE ART OF FASHION

Business Logo

Figure 1 Splash Logo

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

10 | P a g e

BUSINESS DESCRIPTION
TIE - DYE BUSINESS
 Tie-dye is a process of tying and dyeing a piece of fabric or cloth which is made from
knit or woven fabric, usually cotton; typically using bright colors.
 Tie-dyeing is accomplished by folding the material into a pattern, and binding it with
string or rubber bands. Dye is then applied to only parts of the material.
 We plan to start our business by selling 150 t-shirts at a selling price of 1200 rupees.
Plain t-shirts will be purchased by a local factory and custom dying and designs will
be done at the place that we rent.
 Digital marketing is our main source. We will be selling our products online through
our 0wn Facebook and Instagram pages. We could easily promote and advertise.
 We will be taking pre-orders from our customers and customize them according to
their favor.
 After finishing our product, we will be collaborating with delivery services such as
pronto and Domex in order to deliver them island wide to our customers doorstep.
 Payments will be made through online transfers by the customers.

Figure 2 tye dying process

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

11 | P a g e

Why we selected Tie Dye Business

 Low investment:

We can start the tie and dye business with a small capital, a small investment is enough to
run regular operations.

 High profit margin:

The profit margin in this business is as high. The initial cost of the material is very cheap,
but the value increases after the dying process. So, with a small investment, you can
easily earn a huge margin of profit.

 Home Based:

This business doesn’t require a huge place to start with, if you have place at your home,
you can easily begin the business. A home-based tie-and-dye business provides a great
opportunity to save a huge investment on renting or buying a place

 Market Potentiality:

Handicraft business has a great market. Tie-and-dye designer clothing has a great demand
in both national and international market. With high-quality work, we can easily grow our
small-scale business unit into a large profitable enterprise in the long run.

Skills Required
Basically, skills required to start a business are finance and managerial skills. We need to be
able to make and budget and stick with it and also plan our expenses.
However, the basic skills required to start a tie-and-dye business are innovation and
creativity. Since tie-and-dye follows a process, the ability to be unique in designs and color
combinations is one that is required to be able to start and sustain such a business.

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

12 | P a g e

VISION AND MISSION

 Vision:

“We strive to fulfill our customer’s desire and provide utmost

customer satisfaction”

 Mission:

“To become the number one in customized clothing business that can
offer superior design, quality and value to the customers”

GOALS AND OBJECTIVES OF THE BUSINESS

Goals
 Achieve brand recognition.
 Increase social following.
 Identify fashion trends.
 Test new designs.
 Target reliable distributors.
 Promote our brand through online platforms.
 Increase sales.
 Target new customers.

Objectives
 Establish a unique clothing brand in Sri Lanka.
 Achieve profit within the first six months.
 Expanding our business island wide after operating for six months.
 Provide the best quality clothing at a reasonable price.
 Maintaining loyal customers while providing good customer services.

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

13 | P a g e

STARTUP PLAN
Business Location
 This business doesn’t require a huge place. For the first six months I will start the
business in my house, in a separate room with enough space for me to run regular
operations, this will eventually help me to save costs on renting.
 After some time when I am are ready to expand, I will shift to a larger place.
 Most of our operations are done indoors, therefore there is no need for a commercial
area.

Raw Materials
 The main items required to start in plain white t-shirts and fabric dye.
 High quality White Cotton T-shirts can be bought from “Rain Rain Industries”, a
garment factory that is located in Mawanelle. For the first production we will get 150
t-shirts, (small-50, medium-50, large-50) at a cost of 400/- rupees each. Payments can
be done in cash with the capital that I have invested.
 The dye we use to tie dye our t-shirts will be Rit All-Purpose Liquid Dye. All the
colors can be purchased from the RIT online store (https://store.ritdye.com/all-
purpose-dye/) which will cost 1000/- rupees per bottle.
 Other items like buckets, gloves, Rubber bands and squeeze bottles can be bought in
any local store.

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

14 | P a g e

Labor
 For the first six months all the operations and work will be done by me.
 I will be responsible for making decisions, managing overall operations and resources
of the company, production, finance, human resource and marketing.
 After some time, I will be hiring some employees and workers in order to increase
production and achieve business growth

Capital
 I will invest 100,000 rupees to the business.
 This will help us to buy 150 t-shirts and start tie dying them, which will help us to
gain an income and cover the expenses and reinvest, shortly we will be gaining huge
profits.

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

15 | P a g e

SWOT ANALYSIS
S- Strengths W- Weaknesses
• Possessing intricate, interesting patterns • The material is cheap for cheap simple shirts.
• It is cost effective. • The right dye is needed for the right material.
• Genuine. • The color will fade with washing over time.
• New machines and equipment help with fast • Financial strengths are not sufficient to
production. compete with other companies.

O-Opportunities
• It is possible to add different colors.
• Different tie dye methods are used for
different patterns.
• Ability to combine different colors.
• Ability to sell more T-shirts.
T- Threats
• The dye could leak into the wash.
• T-shirt could shrink depending upon the
material used.
• The material can tear holes depending on the
quality of the material used.
• The ability of other businesses to follow our
designs.

Table 1 SWOT analysis

PEST ANALYSIS
P- Political E- Economic
• Competition regulations • Inflation rates
• Political stability • Business cycle stage
• International trade regulations • Globalization
• Tax policies • Disposable income
S- Social T- Technological
• Population growth age gain • Industry focus on technology
• Lifestyle changes • Life cycle of technology
• Health consciousness welfare • Impact of technology transfer
• Living conditions • New inventions and development
Table 2 PEST analysis

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

16 | P a g e

WORK BREAKDOWN STRUCTURE (WBS)

TYE-DYE
BUSINESS

Initiate Design Working plan Perform Finalization Selling

Develop Product Confirm order

Requirements Concept WBS
Products finishing with buyer

Proceeding
Market Design Project Product Packing and
planned
Research Planning Planning Testing ready to deliver
designs

Detailed Budget/ Completing Payment

Presentation Quality check
Design Funding tasks confirmation

ROI (return on Risk Advertising

Design Review Packaging deliver
investments) Management and promoting

Figure 3 work breakdown structure

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

 17 | P a g e

GANTT CHART
Month June July August
Week 1 2 3 4 1 2 3 4 1 2 3 4
Market Research
Planning
Design
Perform
Development
Finalization
Quality checking
Packing
Promoting
Payments
delivery
Table 3 Gantt chart

BUSINESS STRATEGIES
 Customer satisfaction comes first.
 Research and Understand our Prospects.
 Target Small Markets.
 Start with Specific Goals.
 Connect with the Right People.
 Embrace Storytelling.
 Don't Ignore the Feedback.
 . Pick Up the Phone.

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

18 | P a g e

MARKETING PLAN

Marketing Goals & Objectives

In a marketing strategy, marketing goals are defined as precise objectives. Tasks, targets, and
other performance-based benchmarks used to assess marketing success can all be utilized to
achieve these objectives. Measurable goals are critical to a marketer's success when they are
expressly established. Below are the marketing goals & objectives used in our business;

Marketing Goals-
 Provide excellent customer service and quality service
 Maintaining the right standard in our community
 Get the most profit out of creating value
 Providing colorful t-shirts to all customers.

Marketing Objectives-
 To create a variation on the fabric t-shirt design.
 To attract children and adults to create their own design.
 Providing colorful t-shirts to all customers.
 To meet a net profit of 50% on monthly sales

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

19 | P a g e

Market Segmentation
The process of segmenting a target market of potential customers into segments with similar
characteristics is known as market segmentation. Segments are made up of customers who
respond similarly to marketing techniques and share characteristics such as comparable
interests, requirements, or geography, as determined by audience analysis.
Market segmentation can be divided into four categories; Geographic, Demographic,
Behavioral and Psychographic.

GEOGRAPHIC DEMOGRAPHIC BEHAVIORAL PSYCHOGRAPHIC

• Kandy District • Costumers of age • This t shirt design • Customer who are
15 to 30, Male and can be worn concerned with
Female comfortably attractive colors and
trends

Table 4 Market Segmentation

Marketing Mix

The marketing mix refers to the efforts taken by a company to develop and advertise its
product or service to customers. It supports in ensuring that you are able to provide your
consumers with the appropriate product at the right time and location for the right cost.
Marketing Mix, also known as the 4 p’s can be categorized into 4 parts. Such as, Price,
Product, Promotion and Place.

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

20 | P a g e

According to our tie dye business;

Price:
We divided sizes in to three main parts. Like Large Medium, and small. Our basic t-shirt
costs only 1200/- rupees which makes it cheap and affordable.

Product:
Our products handmade which are also unique and customized according to our customers
favor.

Promotion:
The online platform is best suited for Marketing as Direct Marketing cannot be done during
this pandemic period. Therefore, we plan to promote this product by using social media such
as Facebook, Instagram, WhatsApp, and Viber.

Place:
Due to the current pandemic situation our products will be mainly sold online, through online
platforms and Around Kandy District, delivered through pronto.

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

21 | P a g e

COMMUNICATION PLAN
Communication helps move products, services, and ideas from manufacturers to end users
and builds and maintains relationships with customers, prospects, and other important
stakeholders in the company.
Communication Strong communication methods can lead a business to success and create a
business that penetrates the minds of customers.

 Created Facebook and Instagram business pages

 Engaging with customers and promoting giveaways and offer other free valuables.
 Running ads on Facebook Instagram is a great way to focus on products.
 create a public profile with information about business, including email address,
location, description, URL, hours, logo and more
 The product details are shared, so that it could be forwarded from one person to
another.
 Easily send the same message to a large number of people via email, which will reach
the recipient in a few minutes.
 Create a separate WhatsApp group for the stakeholders to share their thoughts,
planning and to make decisions.

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

22 | P a g e

Internal and external events that affects the business

Internal External
• Insufficient funds (capital) • Inability to purchase raw materials
• Demotivation and conflicts within • Delivery might have problems due to
members curfew and lockdowns
• Effectiveness of communication level • Changes in trend and style
of members • Political and legal factors
• Ability to get needed raw materials on • Problems in the online servers which will
time affect our business operations

Table 5 internal and external events that affects the business

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

23 | P a g e

Risk Analysis
A risk is any unknown occurrence or circumstance that may have an influence on the
outcome of your business analysis endeavor. Businesses are often faced with lots of risks that
need to be analyzed and managed. Risk analysis is a technique that assists you in identifying
and managing possible issues that may jeopardize major company efforts or projects.
Usually, a risk is either internal or external. Any business has internal risks and external risks
take place outside the business. Internal hazards are frequently more business specific and
easier to manage than external threats.
 Examples of internal risks include: Financial risks, marketing risks, operational risks,
risks in the workforce.
 Examples of external risks include: Changing the economy, new competitors, natural
disasters, government regulations, customer demand.

Types of Risk Examples

Technical • Service outages or clashes in online platforms such as Facebook

or Instagram.

Environmental • Problems that might occur to the business due to natural disasters.

Financial • Insufficient funds or capital / problems in confirming payments

done by the customers.

Resources • Risk in damaging the Raw-materials and assets of the business.

Human • Demotivation and problems that might occur within the managers.

Logistical • Inability to deliver the good on time.

Government • Laws and regulations that might affect the small businesses

Market • Price wars with other competitors.

Table 6 Risk analysis

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

24 | P a g e

Risk Mitigation
Risk mitigation is a method for preparing for and dealing with dangers that a firm may
encounter. Risk mitigation, like risk reduction, takes steps to lessen the negative
consequences of risks and catastrophes on business continuity. Cyberattacks, weather
disasters, and other sources of physical or virtual harm are examples of threats that might put
a business at danger. Risk mitigation is one component of risk management, and how it is
implemented varies per company.
Types of Risk Examples

Technical  Having a backup account for our online pages

Environmental  Make sure that the business location is in a place where

environmental problems will not occur.

Financial  Confirming the customers payments by requesting a snap of the

receipt.

Resources  Keep the raw materials and goods in a safe place.

Human  Motivate the managers and conduct trainings.

Logistical  Contact delivery services such as pronto for better and fast delivery
services.

Government  After some time, register the business by our brand name so that
there will not be any issues

Market  Planning and selling our products with Reasonable prices which
will not make conflicts within competitors
Table 7 Risk Mitigation

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

25 | P a g e

Health and Safety

Workplace health and safety refers to the numerous regulations and procedures in place to
keep everyone safe in the workplace and in public places. In the workplace, there are a
number of health and safety rules that must be followed, and the penalties of not following
these health and safety requirements are severe. Health and safety at work has been
associated with environments that pose an element of obvious risk. However, regardless
matter how evident the hazards are, all workplaces must be aware of health and safety
regulations.

Fire safety at work

The workplace could catch fire due to faulty electrical equipments

Improper storage of flammable materials

Working with Display screens

Our business mainly involves in using technology, which could lead to overuse
of display screens.
Due to overuse or improper use of display screens our employees might be
affected by eye strains and backaches

Manual handling

All our business operations and the process in tie-dying includes manual
handling.
Due to lack of training and repetitive work employees could be affected with
back pains and other problems

Figure 4 Health and safety involved in the business

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

26 | P a g e

Steps we take to manage health and safety at work

 Identifying the health and safety risks at workplace.

 Talking with the team, getting their suggestions and making records on safety
discussions.

 Managing hazards.

 Training and supervising the team by providing information about the potential risks
associated with their work, policies and procedures at workplace, how to work safely
and how to deal with emergencies.

 Ensure workers understand their work environment, and their employment conditions.

 Maintaining a safe workplace by having regular communications between

management and staff, and also adding safety as a regular topic in meetings.

 Monitoring and reviewing to improve by informing, training and supervising our

team.

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

27 | P a g e

FINANCIAL PLAN
My plan is to invest 100,000 rupees to the business. This capital will help us to purchase raw
materials, a small place to run the business and cover other costs that will occur when starting
the business.
However, according to our budgeted sales forecast we will be able to sell 150 t-shirts in one
month, which will give us sales of 180,000. Rupees. This will help us to reinvest and expand
our tie dying business.

Financial goals and objectives

 Profit maximization and wealth maximization are the major and basic financial goals
of our company.
 Adopt a new pricing strategy
 Achieve highest return on Investment in industry
 Maintain a positive cash flow every year
 Higher earnings per share
 Cost Reductions.
 Improve Financial Margins.
 Work to Manage Debt.
 Get a Better Level of Control Over Cash Flow.
 Build Your Business's Financial Stability with Guidance and Support.

Financial Policies
 Assignment of authority for necessary and regular financial actions and decisions,
which may include delegation of some authority to staff leaders
 Policy statement on conflicts of interest or insider transactions
 Clear authority to spend funds, including approval, check signing, and payroll
 Clear assignment of authority to enter into contracts
 Clear responsibility for maintaining accurate financial records

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

28 | P a g e

BUDGETED CASH FLOW STATEMENT

TIE-DIE BUSINESS’s
BUDGETED CASH FLOW STATEMENT
FOR THE MONTH ENDING AUGUST

Cash Inflows RS RS

Capital 100000

Sales 180,000
280,000

Cash Outflows

Purchase 71500

Advertising expenses 5000

Rent 3000

Water bill 1500

Telephone bill 1000

Wi-Fi bill 1500

Packaging 2000 (85,500)

Net Cash flow 194,500

Table 8 Cash Flow Statement

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

29 | P a g e

BREAK EVEN ANALYSIS

TIE DYE BUSINESS
BREAK EVEN ANALYSIS
Type of cost Rs. Rs.
Fixed costs
Advertisement 5000
Rent 3000
Water bill 1500
Telephone bill 1000
Wi-Fi bill 1500 12000

Variable costs
150 t-shirts 60000
Fabric dye 8000
Buckets 1000
Gloves 1000
Rubber band 500
Squeeze bottles 1000
Packaging 2000 73500

Total cost 85500

Total cost per item (85500/150) 570
Break Even Point Table 9 Break even analysis

 Break Even point = fixed cost/(sales price per unit – variable cost per unit)

 BEP = 12000/(1200 – 490)

= 12000/710

= 17 t-shirts

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

30 | P a g e

Selling Price
 Cost Per T-shirt = (total cost/quantity)
=85500/150
=570.

 Profit margin=52.5%

 Profit=630

 Selling price = 1200 Rs

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

31 | P a g e

Sales forecast
Sales forecasting is the process of estimating future revenue by predicting how much goods
or services a sales unit will sell in the coming week, month, quarter, or year. the business.

Sales forecast 1st month

week Quantity sold Cost of unit Profit income

Week 1 25 14250 15750 30000

Week 2 35 19950 22050 42000
Week 3 40 22800 25200 48000
Week 4 50 28500 31500 60000
Total 150 85500 94500 180000
Table 10 Sales forecast

 Selling price = 1200/-

 Cost per t-shirt = Total cost/quantity

= 85500/150
= 570
 Cost of unit = Quantity sold * cost per t-shirt
= Quantity sold * 570

 Profit = quantity sold * (selling price - cost per t-shirt)

= quantity sold * (1200-570)

= quantity sold * 630

 Income = quantity sold * selling price

= quantity sold * 1200

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

32 | P a g e

Income Statement
TIE-DIE BUSINESS’s
BUDGETED INCOME STATEMENT
FOR THE MONTH ENDING AUGUST

Sales (note - 1) 180,000

Cost Of sales
Opening Stock
(+) Purchase (note-2) (71500)
(-) Closing Stock

Gross Profit 108,500

Advertising (note-3) 5000

packaging 2000 (7,000)

Administration Selling Expenses

Rent 3000
water bill 1500
telephone bill 1000
Wi-Fi bill 1500 (7,000)

Net Profit 94,500

Table 11 Income Statement

WORKINGS
 Note -1 sales
o S- size = 1200*50 = 60000
o M- size= 1200*50= 60000
o L- size= 1200*50= 60000
o Total sales = 180000

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

33 | P a g e

 Note-2 purchase
o White t- shirt= 400*150= 60000
o Fabric dye = 8000
o Buckets = 1000
o Gloves = 1000
o Rubber band = 500
o Squeeze bottles= 1000
o Total purchase= 71,500

 Note -3 Advertising
o Facebook advertising = 2000
o Instagram advertising =2000
o Advertisement designing = 1000
o Total advertising = 5000

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

34 | P a g e

ISO STANDARDS
 ISO 9000- Standard for quality management

• Helps to develop a robust quality management system

 ISO 14000- Environment management

• These standards created to help companies reduce industrial waste and

environmental damage.

 ISO 18890:2018 Clothing — Standard method of garment measurement

• defines the main measurement points and describes the method used to measure
garment dimensions. Additional measurement points can be determined between
interested parties.

 ISO/TC 133 Clothing sizing systems - size designation, size measurement methods
and digital fittings

• Standardization of a system of size designations resulting from the establishment

of one or more sizing systems for clothes based on size designation, body size
measurement methods for clothing and for digital garment fitting.

 ISO 3759:2011

• Textiles — Preparation, marking and measuring of fabric specimens and garments

in tests for determination of dimensional change

 ISO 15831:2004

• Clothing — Physiological effects — Measurement of thermal insulation by means

of a thermal manikin

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

35 | P a g e

FASHION GALLERY

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT

36 | P a g e

References
https://www.investopedia.com/articles/personal-finance/072315/top-ways-manage-business-
risks.asp
https://www.investopedia.com/articles/financial-theory/09/risk-management-business.asp
https://www.pmi.org/learning/library/risk-analysis-project-management-7070
https://www.phoenixhsc.co.uk/blog/meant-health-safety-workplace.html

M H M ADHIL KD/HDBM/59/23 STUDENT PROJECT