Prepare Project Report for Bank Loan To Start a New Business!

Introductory page

The introductory page will disclose the introduction of a new business you are about to start or have started. The aim of the business will be included in the introductory part.

Summary of the Project

This part includes the overall status of the business, time consumed to reach the goal, overall status, budget, and expected profit.

Scope of the Project

This part of the project report contains the scope of the business, the percentage of work you have completed, and the remaining to be completed. Thus, a quick overview of the next steps of planning is to be mentioned.

Details of Promoters

Details of the promoters need to be included in this part where the report will contain the planning of the project or business promotion, qualification of the promotors, work experience, process related experience and more.

Details of Employees

The entire details of the employees, educational qualifications, professional training details, professional experience, managerial experience, and more are included in this section.

Infrastructure Facilities

• 1. The Place of the Project
• 2. Required Raw Materials
• 3. Target of Production or goal of the business
• 4. Area required for the purpose
• 5. Electricity Requirements
• 6. Water requirements
• 7. Requirement of Fuel except for electricity
• 8. Employment requirements: skilled and unskilled
• 9. Area of Technology
• 10. Production process
• 11. The volume of expected production
• 12. Unit market selling price
• 13. Whether Pollution treatment plants required

Customer Details

After the production of goods where you will sell, or the consumers for services needs to mention clearly. Targeted customers or clients must be mentioned for your business. Mention B2B or B2C sales.

Regional Operations

The planning for branches or already successful in opening branches in different regions must be mentioned. If the branch setup has been planned internationally, mention it.

Marketing Plan

• 1. Type of customers
• 2. Target markets
• 3. Nature of market
• 4. Cost of marketing
• 5. Market segmentation

• 6. The objective of the sales
• 7. Future prospects of the market
• 8. Demand of the product in the different markets
• 9. Market share of the proposed venture

Means of Financing

What would be the financial support of the company or business- partners, banks, or other investors?

Balance Sheets

The balance sheet will include where the capital is invested or spent. The entire expenditure and earnings will be mentioned in the balance sheet.

Profit and Loss Statements

Apart from the balance sheet, you have to mention the profit gained from your project. You have to mention to the bank about the profit, and profit-gaining plans.

Break-Even Points Evaluations

Give the evaluation of the entire project you are about to start or have started. Mention everything about your whole business.

Project Feasibility Ratio

Deciding on the ratio of cost, discount and the possible revenue per sale, total sale, and possible damage during transport, etc. It can be presented in the form of a graph or pie chart by mentioning the period of continuation with the presentation of revenue and expenses. The project report should also continue the split-up graph.

On the graph, the following needs to be mentioned

• Current ratio
• Quick ratio
• Debt equity ratio
• Interest coverage ratio
• Net Profit Sales Percentage
• Gross Profit Sales Percentage
• Return on Capital Employed
• Scope of the Project

The following topics must be included in the Scope of the Project

• Promoter(s) details
• Plant & machinery/equipment
• Product/services & process
• Manpower requirements
• Market Potential & Strategy
• Risks & Mitigation Strategy

If you want to avoid the hazards of preparing a Project Report, contact us. You may make mistakes or do not have the technical expertise to form a Project Report. So, contact us and prepare it from an experienced CA/CS of Online Legal India.