Everything for: start up

SR article

Stakeholders

A lot of different people are involved in this project. Here, all the different stakeholders are described and contact details can be found.
SR article

Financial Plan

The main changes we’ve made in the finances can be seen in the ‘Revenue model’ section.
SR article

Mission Statement

Targets On some of the targets we don’t (totally) agree with the vision of last years group. First of all we think that the men to women ratio should not be a hard number as they proposed, especially in the beginning of the business. With the current prototype we hope to get a little over a litre of oil per day. For this amount there are not a lot of employees needed. Mr. Hari and Radhakrisnan…
SR article

Matlab Script

Here, you can find the code for all the calculations done in this section.
SR article

Profit & Return on Investment

If the revenues are taken and the everyday costs are subtracted, you end up with the actual profit per day. The revenue per day was 21775 Rupees and the everyday costs were 4895 Rupees. The actual profit that will be made is 16880 Rupees per day, which is a big profit for such a small business. However, if you want to earn back the initial investment this money needs to be used to pay of the…
SR article

Costs

We are making a distinction between two types of costs: initial and everyday costs. First we are going to look at the initial costs. Initial costs The costs of starting the business are quite significant. These costs are summed up in table 1. ‘Other materials’ are the costs for a shed for the distillation unit, the water tank, all the necessary pipes etc. For the installation we assumed that 8…

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