WIRELESS MOBILE CHARGER

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ABSTRACT

The mobile market is booming with a great pace. In a populated country like India
mobile market has a great future, as it plays a vital role in daily life. In the current
trend of time it is always a hectic work to wait at home and waste time, while the
mobile charging is going on .To solve this problem we need a wireless mobile
charger, which can charge the mobile remotely and we need not to wait at home. This
charger can charge the mobile with in a 50-meter range. The product we are providing
will definitely take mobile market to a new high.

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ACKNOWLEDGEMENT

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TABLE OF CONTENTS
ABSTRACT...................................................................................................................ii
ACKNOWLEDGEMENT............................................................................................iii
TABLE OF CONTENTS..............................................................................................iii
1. GENERAL INFORMATION....................................................................................1
2. ENTREPRENUER PROFILE...................................................................................2
3. TYPE OF THE PRODUCT / SERVICES.................................................................3
MARKET POTENTIAL...........................................................................................3
3.1 Present Demand and Supply of the Product:........................................................3
3.2 Competition:.........................................................................................................4
3.3 Target Clients:......................................................................................................4
3.3 Marketing Strategy:..............................................................................................4
4. DETAILS OF THE PROPOSED PROJECT.............................................................5
PRODUCTION SCHEDULE....................................................................................5
4.1 Number of Working Days per Annum:............................................................5
4.2 Number of Working Shifts:..............................................................................5
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 4.3 Installed Capacity:............................................................................................5
4.4 Utilized Capacity (%):......................................................................................5
I - Year - 68% ..........................................................5
II - Year - 79% ....................................................................5
III -Year - 86% .......................................................................5
ADVANTAGE CUSTOMERS: ..........................................................................5
PROFIT PROSPECT:............................................................................................6
..................................................................................................................................6
4(A) Land and Building:........................................................................................6
4(B) Machineries / Equipments:............................................................................6
4(C) Miscellaneous Fixed Assets:..........................................................................7
4(D) Preliminary and Pre Operative Expenses:.....................................................7
4(E) Sales Revenue:...............................................................................................8
4(F) Raw Material (Monthly Requirement):..........................................................8
4(G) Utilities-Monthly:......................................................................................8
4(H) MAN POWER (Salaries/Wages) - Monthly: ...............................................9
4(I) Repairs and Maintenance- Monthly................................................................9
4(J) Selling and Distribution Expenses- Monthly..................................................9
4(K) Administrative Expenses-Monthly................................................................9
4(L) Interest-Annual.............................................................................................10
4(M) Depreciation:...............................................................................................10
5. WORKING CAPITAL (ONE MONTH/ONE CYCLE)..........................................11
6. TOTAL COST OF THE PROJECT.........................................................................12
7. MEANS OF FINANCE...........................................................................................13
8. PROFIBILTY PROJECTIONS .............................................................................14
9. BREAK EVEN POINT CALCULATION ............................................................15
10. CONCLUSION .....................................................................................................16

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ENTREPRENEURSHIP PROJECT

1. GENERAL INFORMATION

Name of the Entrepreneurs:

Proposed Project:

Wireless mobile charger.

Major Product / Services:

Mobile industry.
Proposed Locations:

Rourkela.

Type of Organization:

Communication Organization

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ENTREPRENEURSHIP PROJECT

2. ENTREPRENUER PROFILE
1. Name :’
2. Educational Qualification: Bachelor of Technology
Technical Skills: Networking, Management Skills

3. Name:
4.
5. Educational Qualification: Bachelor of Technology
Technical Skills: Networking, Software Testing.

6. Name :
Educational Qualification: Bachelor of Technology
Technical Skills: Software and Hardware maintenance.

4. Name:
Educational Qualification: Bachelor of Technology
Technical Skills: Networking, Management Skills

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ENTREPRENEURSHIP PROJECT

3. TYPE OF THE PRODUCT / SERVICES

1. Type of the Project :

Mobile Technology

2. Product / Services Description :

The project aims at developing a new dimension in the Mobile
Technology through a wireless mobile charger. A wireless
mobile charger will be delivered to people with the help of
distributors. It can also be available through online-shopping.

3. Major Consumers :
There are no age groups specified. Our major consumers will
be people for whom mobile plays a vital role in daily life
.

MARKET POTENTIAL

3.1 Present Demand and Supply of the Product:

The Indian mobile market is one of the fastest growing sectors in India as India is full
of mobile users. The market is flooding with mobile retailers but the major players
like Nokia, Motorola are on top. As the mobile demand is growing with population
this industry will not go down so early.

And another factor is that in the current trend it is like fashion to have a mobile. So as
soon mobile is there people will need chargers, after all one mobile user will
definitely have one charger.

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ENTREPRENEURSHIP PROJECT
3.2 Competition:

Currently no one produces wireless mobile charger, so it will be a great opportunity

for us to grasp the market, however company like Nokia, Motorola and Ericson may
be the competitor for us. Besides that there are local mobile accessories producing
company which may try to compete with us.

3.3 Target Clients:

Our main target client belongs to the age group of 18-60. However any body who has
a good passion for mobile will be our customer.

3.3 Marketing Strategy:

The Marketing Strategy will be advertising the product in the media through the
various advertisements telecasted in different channels, in print media and
advertisement on the internet.

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ENTREPRENEURSHIP PROJECT

4. DETAILS OF THE PROPOSED PROJECT

This plan will focus on a mobile charger with some added functionalities that will
definitely lead to take mobile technology to a new high. We will have charger which
will charge the mobile with out any wired connection. This industry will be
maintained by communication engineers, hardware engineers and a management
team.
PRODUCTION SCHEDULE

4.1 Number of Working Days per Annum:

The Firm will remain open for all days except on Sunday, national & local holidays.
4.2 Number of Working Shifts:

Since it is a production firm so the working shift from 10.00 am to 5 pm

Sometimes when demand is high we will make night shift.
4.3 Installed Capacity:

4.4 Utilized Capacity (%):

I - Year - 68%
II - Year - 79%
III -Year - 86%

ADVANTAGE CUSTOMERS:

Customers will be benefited from our mobile charger by charging the mobile
wirelessly and saving their valuable time. Our store will also offer a membership for
the customers and members will be charged 10% lesser than other customers.

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ENTREPRENEURSHIP PROJECT
PROFIT PROSPECT:

Considering the selling prices of the mobile charger Rs.800/-, and the profit margin is
also about 40%. And considering the best case and proper functioning we will churn
out annual revenues of Rs. 48 Lacks approximately.

4(A) Land and Building:

Sr. No. Particular Area Required Total Remarks

Value(P.A.)
1. Land NA NA NA
2. Building (on rent) 40000sqFt Rs. 3,60,000 Rental charge is
nearly Rs. 30,000
per month
Total: Rs. 3,60,000

4(B) Machineries / Equipments:

Sr. No. Description Nos. Rate(Rs.) Total Value(Rs.)

Required(per
month)
1. Copper wire. 1000 mts 20(per 20,000
mtr)
2. Plastic cabinet. 550 20 11,000
3. Antena 550 50 27,500
4. Steel pins. 1100 5 5,500
5. Capacitor 550 5 2,750
6. Register 550 5 2,750
7. AC to DC converter 550 5 2,750
8. DC to AC converter 550 5 2,750
9. Receivers 550 50 27,500
Total 165 1,02,500

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ENTREPRENEURSHIP PROJECT
4(C) Miscellaneous Fixed Assets:

Sr. No. Description Nos. Required Rate(Rs.) Total Value(Rs.)

1. Furniture Table (12) 500 6,000
Chairs (15) 400 6,000
Racks (100) 1000 1,00,000
2. Inverter 1 7,000 7,000
3. Central A.C. 1 1,00,000 1,00,000
4. Stabilizer 1 15,000 15,000
5. computers 2 40,000 80,000
6. Soldering Machine 10 300 3000
Total: 3,27,000

4(D) Preliminary and Pre Operative Expenses:

Sr. No. Particulars Amount (Rs.) Remarks

1. Interest during 50,000
implementation
2. Establishment 30,000
Expenses
3. Start-Up 80,000
Expenses
Misc. expenses
Total 1,60,000

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ENTREPRENEURSHIP PROJECT
4(E) Sales Revenue:

The sales revenue of the business depends on the number of customers it has
dealt with in a day.
Year Items Quantity Rates per unit Sales
(2007) sold/year (Rs) realization(Rs)

1. Wireless Mobile 6,000 800 48,00,000

Charger
Total 48,00,000

4(F) Raw Material (Monthly Requirement):

Sr. No. Description Nos. Rate(Rs.) Total Value(Rs.)

Required(per
month)
1. Copper wire. 1000 mts 20(per 20,000
mtr)
2. Plastic cabinet. 550 20 11,000
3. Antena 550 50 27,500
4. Steel pins. 1100 5 5,500
5. Capacitor 550 5 2,750
6. Register 550 5 2,750
7. AC to DC converter 550 5 2,750
8. DC to AC converter 550 5 2,750
9. Receivers 550 50 27,500
Total 165 1,02,500

4(G) Utilities-Monthly:

Sr. No. Particulars Annual Expenditure(Rs) Remarks

1. Power/Electricity 1,5000
2. Water 10,000
3. Coffee blender machine 20,000
4. Any other item 40,000

Total 2,20,000

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ENTREPRENEURSHIP PROJECT
4(H) MAN POWER (Salaries/Wages) - Monthly:

Sr. Particulars No. Wages/Salaries per Annual

No. Month(Rs.) Expenses(Rs)
1. Skilled 5 7,000 4,20,000
2. Semi Skilled 4 5,000 2,40,000
3. Unskilled 2 4,000 96,000
4. Office Staff 2 3,000 72,000
5. Any Other 5 2,500 1,50,000

Total 9,78,000

4(I) Repairs and Maintenance- Monthly

Sr. Particulars Amount(Rs)

No.
1. Computer and Electronic goods 50,00
2. Hardware Maintenance 80,00
3. Office maintenances 10,00
Total 140,00

4(J) Selling and Distribution Expenses- Monthly

Sr. Particulars Amount(Rs) Remarks

No
1. Publicity Expenses 10,000
2. Traveling 10,000

Total
20,000

4(K) Administrative Expenses-Monthly

Sr. Particulars Amount(Rs) Remarks

No
1. Stationery & Printing 1,000
2. Post/Telephone/Telegrams 6,000
3. Advertising Expenses 5,000

Total 12,000

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ENTREPRENEURSHIP PROJECT
4(L) Interest-Annual

Year Outstanding Interest Installment(Rs) Balance(Rs)

Loan Amount
(Rs)
1 40,00,000 4,00,000 8,00,000 44,00,000

4(M) Depreciation:

Sr. Type of Asset Cost of Asset Expected Life Depreciation

No.
1. Computer 22,000 5 yrs 18,000
2. Assets 1,04,000 5 yrs 40,000
Total 58,000

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ENTREPRENEURSHIP PROJECT

5. WORKING CAPITAL (ONE MONTH/ONE

CYCLE)
Sr. No. ITEM Rs.
1. Raw-Material 82,500
2. Salary/Labor 4,527/labour/month
3. Interest on loan 4,00,000/year

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ENTREPRENEURSHIP PROJECT

6. TOTAL COST OF THE PROJECT

Sr. No. Particulars Total Value(Rs.)
1. Fixed Capital 7,89,500
(Total of item No.2.1,2.2,2.3) 4,87,027
2. Working Capital margin
(Total of item No. 2.5) 1,60,000
3. Preliminary & Pre-operative
Expenses
(Total of item No. 2.4)

Total 14,56,527

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ENTREPRENEURSHIP PROJECT

7. MEANS OF FINANCE
Sr. No. Particulars Amount Remarks
(Rs.)
1. Own Investment 2,00,000
2. Working Capital Loan 40,00,000

Total: 42,00,000

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ENTREPRENEURSHIP PROJECT

8. PROFIBILTY PROJECTIONS

Sr. No. Particulars Amount (Rs.)

A. Sale Realization 48,00,000

B. Cost of Manufacturing/
Servicing 1,02,500
i) Machineries/Equipments 2,20,000
ii) Utilities 9,78,000
iii) Salaries/Wages 1,40,000
iv) Repairs & Maintenance 40,000
v) Selling & Distribution
Expenses 75,000
vi) Administrative Expenses 4,00,000
vii) Interest 5,50,000
viii) Rent 58,000
ix) Depreciation 1,84,000
x) Misc. Expenses

Total 27,47,500

20,52,500
C. Gross Profit/Loss(A-B) 6,91,077
D. Income-tax 13,61,423
E. Net Profit/Loss

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ENTREPRENEURSHIP PROJECT

9. BREAK EVEN POINT CALCULATION

Break Even Point = Total fixed cost * 100/ (total fixed cost + Profit)
Total fixed cost = 14, 56527
Total Profit = 13, 61423

BEP =51.68

Total
Cost

Unit of output

Break even point

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ENTREPRENEURSHIP PROJECT

10. CONCLUSION

By using this charger we need not to wait at one place. So the clumsy wire is not
required. The charger will charge the mobile at range of 50 meter. The charge will
charge the mobile quickly.

It is a cost effective component. Its cost is very less. Hear advance technology is used
for this. This is a user effective devise. As the mobile used today it will provide
partiality to the user.

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