This document outlines a plan to start a venetian blinds venture in the Udupi-Manipal region of India. There is a demand-supply gap for blinds in the area. The plan involves obtaining funding, conducting market research, identifying suppliers and customers, establishing operations, and ensuring quality control. A budget of 25 lakh rupees is proposed, with 80% coming from bank loans and 20% from firm partners. The organizational profile describes 5 partners with management and sales experience and consultants to help launch the new business.

1. Corvus Venetian Blinds
|Group V2|

2. Statement of Need
• Advent of contemporary new age commercial and home spaces
• Quintessential in defining the aesthetics
• Few major players in the Udupi - Manipal region
• Demand – supply gap
• Utility
 Protection from scorching sunlight
 Help control the privacy
 Ready Made or made -to-measure

3. Project Description
 Venetian blinds venture in Udupi – Manipal Region
 Requirements:
 Funding = Bank loan + Firm partners
 Location for the outlet
 Application and approval of legal documents
 Thorough market research
 Identification of potential clients
 Association with reliable suppliers
 Setting up an efficient value chain
 Pricing the product according to the market needs
 Maintaining quality levels
 Ensuring customer satisfaction

4. Project Management
Activity Target Time
Funding Variable
Location identification Variable
Approval of legal Variable
documents
Market research 1 – 6 months
Potential clients 1 month
Reliable suppliers 1 month
Value chain establishment 1 month
Product pricing 1 month
Quality control Continuous
After sales service Continuous

5. Project management
Reporting
Market research report
Lease documents
Authorized legal documents
Quality documents
Labor Requirements
Marketing Personnel
Consultants
Sales Personnel
Field Workers
Administrative Secretaries

6. Budget
 Huge capital funds of about 25 lakh
 80% - 20 lakh bank loan
 Market research
 Lease amount
 Inventory funding
 Employee training
 Salaries
 20% - 5 lakh partners of the firm
 Location identification
 Filing of legal documents
 Miscellaneous expenses

7. Organizational Profile
 5 partners of the firm :
 Skilled management students
 High sales and marketing experience
 Organizational commitment
 External industry experts
 Marketing consultants
 Freelance workers

8. Conclusion
 Need – fill the demand supply gap in venetian blinds market in Udupi –
Manipal Region
 Solution – Starting a venetian blinds firm to meet the requirements
 Project description and scheduling various activities
 Budgeting
 Organizational Profile