BUSINESS PLAN

For
Metal based industries: Agricultural implements cutleries & hand tools

INTRODUCTION

Establish a company that specializes in providing integrated metal solutions for the
agriculture sector, offering a range of high-quality agricultural implements, cutleries, and hand
tools. The goal is to cater to the needs of farmers, gardeners, and agricultural businesses by
providing durable and efficient tools for various tasks.

Name of the Firm Bignest Farms

Metal based industries: Agricultural implements

Name of business / project
cutleries & hand tools

Location AMMAPET, SALEM :- 636003

Type of Organization
PROPRIETARY
(Proprietary/Partnership)

Jothi Talkies West Street Ammapet Salem-3

Address (with Phone, e-mail) PHONE: 9500607705

EMAIL: aravinthg543@gmail.com

Name of the Chief Promoter(s) ARAVINTH G

Date of Birth 06/02/2006

Names of Partners NA
EDUCATIONAL QUALIFICATION:

Course School/University/ Major Yr. of

(SSLC/Diploma) Institute Subject passing

Sri Vidya mandir higher 2021

_
SSLC secondary school

Thiagarajar Polytechnic
Production
DIPLOMA College, Salem Engineering Pursuing
SPECIAL TRAINING:

Achievement /
Training in Institute Duration
Remark
08.08.2023 –
PANDAS DEVELOPER certificate
KAGGLE 17.08.2023
received
(8 Days)

17.08.2023 –
AWS SOLUTION certificate
KAGGLE 25.08.2023
ARCHITECTURE received
(8 Days)

INTRO TO MACHINE
LEARNING 25.08.2023 –
Certificate
KAGGLE 1.09.2023
received
(8 Days)

WORK EXPERIENCE (PAST & PRESENT):

Organization Position Nature of work Duration

- - - -
Introduction :
Metal based industries have greater development in every field such as
industries,agricultural implements, building materials etc. Large number of agricultural
implements, cutlries, hand tools etc have good demand and scope.

Raw Materials :
High carbon steel, MS items, Welding rod, handles, other items and consumables
are locally available.

Manufacturing process :
The process includes cutting, bending, drilling, welding etc by using machinaries and
assembled together necessary handles are attached and kept for marketing.

Marketing:
Agricultural implements and hand tools will have good demand and scope. The
products can be marketed trhough out the state and neighbouring states.
Installed Capacity ( in Nos)
1. Agricultrual Implements - 20,000

2. Cuttleries - 40,000

3. Hand Tools - 20,000

Fixed Assets
1. Land & Building : Rented
2. Machinary & Equipments
Items Rate Quantity Value

Welding Set 01

Buffing Motor 01

Drilling Machine 01

1 Hp Motor 01

Bench Grinder 01
 Hand Drilling 01
Machine

Hand Grinder 01

Bench vise 01

Pannel Board & Total Sl No.1 1,50,000

Electrification +9
Sub-Total
Miscelleneous 25,000
Assets(3)
Preliminary & 5,000
Pre - Operative
Expenses(4)
Total Fixed 1,80,000
Capital
(2+3+4)

Working Capital
Recurring Expenses /Month

1. Requirement for Raw Materials at 50% of capacity

utilization – 60,000/-

2. Wages – 16,000/-
3. Utilities & Other Expenses – 14,000/-
Total 90,000/-
4. Working Capital requirement – 1,50,000/-
(Two months raw Material cost and one month work expenses are estimated as
Working Capital)
5. Total Cost of Project
Sl.No Items Amount
1 Land & Rented
Building
2 Machinary 1,80,000
&
Equipments
3 Working
Capital 1,50,000
Total 3,30,000
6. Means of Finance
Sl.no Items Amount
1 Own fund 1,14,000
2 Term 1,26,000
Loan
3 Working 90,000
Capital
 Total 3,30,000

Industry Overview:

Analyze the current state of the metal-based industry and its

growth potential.
Identify trends, challenges, and opportunities.
Product Description:

Detail the range of agricultural implements, cutlery, and

hand tools you plan to manufacture.
Highlight the quality, durability, and unique features of
your products.
Target Market:

Define your target customer segments, such as farmers,

agricultural businesses, and consumers in need of quality
hand tools and cutlery.
Competitive Analysis:

Identify key competitors and analyze their strengths and

weaknesses.
Explain how your products differentiate from existing
offerings.
Organization and Management:
Company Structure:

Outline the legal structure of your business (e.g., LLC,

Corporation).
Detail the ownership and management structure.
Key Personnel:

Introduce key team members and their roles.

Highlight relevant experience and skills.
Marketing Plan:
Brand Strategy:

Define your brand identity and positioning in the market.

Discuss how your brand will resonate with your target
audience.
Sales and Distribution Channels:

Outline your sales strategy, including direct sales,

partnerships, or distribution agreements.
Identify potential distribution channels.
Marketing and Promotion:

Develop a marketing plan with strategies for online and

offline promotion.
Consider digital marketing, social media, trade shows, and
partnerships.
Operations Plan:
Location and Facilities:

Describe the location of your manufacturing facilities and

any key equipment.
Supply Chain:

Detail your supply chain, including sources for raw

materials and manufacturing processes.
Production Process:

Explain the step-by-step production process for your

agricultural implements, cutlery, and hand tools.
Financial Plan:
Startup Costs:

Outline the initial investment required for equipment,

facilities, and other startup expenses.
Revenue Projections:
Provide detailed financial projections for the first three to
five years.
Include income statements, balance sheets, and cash flow
forecasts.
Funding Requirements:

Specify if you are seeking external funding and how much

you require.
Detail how funds will be utilized.
Risk Analysis:
Identify Risks:
Assess potential risks and challenges in the metal-based
industry.
Develop strategies for risk mitigation.
Appendices:
Supporting Documents:
Include any additional documents or information relevant to
your business plan, such as resumes, market research data,
and product design sketches.
Remember to update and adapt this business plan as your
business evolves. It's a dynamic document that should be
revisited regularly to reflect changes in the market and your
company's growth.
ADDRESSES OF MACHINERY AND TESTING EQUIPMENT SUPPLIERS

1) G Steel Mani Steel Plant Main Road,

ESI Hospital Backside,

Thalavaipatti Housing Board,

Salem,

Tamil Nadu 636030

2) Steel industries,

SIDCO Industrial Estate,

Dindigul,
Tamil Nadu - 624003

3)AMMAN-TRY Steels (P) Limited

No, 15 & 16, Main Road, Mannarpuram,
Sangillyandapuram,
Tiruchirappalli,
Tamil Nadu -620020.

4)Saaj steel corporation - steel manufactures and Suppliers,

23, 81, Mugappair Rd, Mannurpet,
Padi, Chennai,
Tamil Nadu - 600050

5)Salem Steel Plant- SAIL

No:262, Salem, Tamil Nadu - 636013

6) MSN Steel Limited

No:4/4A, Govindappa Naicken,
2nd St, Allapakkam,
Chennai,
Tamil Nadu - 600116