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Feasibility Report Done On A Adverture Holiday Service For B Sc(Hons)

9385 words - 38 pages

I n t r o d u c t i o n Amidst the changing times new trends capture our hearts. As entrepreneurs it is our task to recognize these varying trends and cater to them accordingly. In today's demanding work schedules, individuals are caught up in a 'rat race' trying to adopt with the pace of time. We at Kadavura believe that humans need to take a break......expose themselves to the better things in life. We acknowledge this with our unique creation, an opportunity for our clients to enjoy an Ultimate Camping Experience.We have recognized the intensifying trend towards adventure holidays especially in the Asian region. Situated in Sri Lanka gives us the ideal opportunity to make the most of this promising trend. We have set upon the task of providing our clients with all necessary requirements to ensure that they get this first hand experience in the form of a camp. At present the local market is open to be skimmed off this opportunity, as there are only a handful of organizations that provide this facility, none of which who are purely focused on camping. This gives us the ideal stepping-stone to establish our selves as a provider for this requirementKadavura is to be set up as a partnership consisting of four partners. Initially an investment of Rs.500,000 is required. This will be financed by a way of capital introduced by the partners of the organization. It is with much content that we announce none of the capital would be required to be provided by the way of loans.The four partners of the organization will play a vital, active role in the organization. They would be paid a fixed salary each month for their efforts in addition of the equity stake they hold in the business. The investment made by each stakeholder and the profit share ratios are mentioned below.This report is prepared to analyse all functional areas and to assess the feasibility and viability of this business venture.L e g a l P l a n As a business organization, Kadavura has to abide to various legal regulations in the country. Since this venture is going to be set up as a partnership the following legislative procedures must be followed prior to the setting up of Kadavura and in the operation of this venture.Registration of KadavuraSince this venture is going to operate under a name which is different to the actual names of its partners it has to be registered under the Business Names and Ordinance Act of 1916 under the business name Kadavura within seven days after starting of its operations. For this purpose the relevant registration forms will be obtained from the urban council. The filled application forms must then be handed over with Rs.500/= as the registration fee to the Provincial Registrar of Companies in the Western Province. After which we will be issued the...

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