Group Name: Zenith

Supervisor: Mouri Mehtaj

Sl no. Name ID no/
1 Md. Nazmul Huda 28
2 Md. Nur-A-Alam 69
3 Md. Fayjul Islam 151
4 Nazmul Islam Setu 171
5 Nafizur Rahman 172
6 Kazi Alamgir Hossain 173
Introduction
Type of business: Export Business
Major Products: Jute Products; i.e. shopping bags,
sacks, fashionable goods, floor coverings, wall
hangings, gift articles, decorative fabrics etc
Countries selected for market entry: USA, Turkey,
Egypt, Saudi Arab, and Belgium.
Rationale for selecting the country: Top users of jute
products, environmental concerns
Operation Of The Proposed
Business
Type of ownership: Partnership
Start up steps:
Identifying the target market
Estimate the startup costs
Register the business and apply for a business license
Find funding
Get insured
Rent office and storage space
Make deals with buyers
Open LC
Organize Shipping
Trade Barriers
Tariffs
Non-tariff barriers to trade
Export licenses
Subsidies
Voluntary Export Restraints
Embargo
Currency devaluation
Trade restriction
Analysis of the business opportunity of the
trading countries
Economic
Political
Legal
Trade area and cultural analysis
Geographic
Demographic
Customs and traditions
Competitive advantage
Small number of global supplier
Huge amount of jute production in Bangladesh
 Product
We offer jute made products such as bags, shoes, wall
hangings, floor coverings, gift articles
We procure jute goods from Shaymol Bangla Jutex Ltd,
Blueball Enterprise, Sagorika Group of Companies, Alijan
Jute Mill Ltd, M/S Bengal Jute & Burlap Agencies
We outsource product as per order, so no bulky amount of
inventories to maintain
The risks of inbound transportation such as by road and
rail are rate of accidents and train delay
The outbound transportation risks are maritime disaster,
damage to product during shipping, delay to launch the
journey
Product
Shipping documents like Bill of Lading for the carrier,
Packing list, Commercial Invoice and other optional
documents for the customs are the must needed
documents
 Market Entry and Marketing Strategy
Among various entry modes to international market, we
choose Direct Export for our business
USD will be used as vehicle currency, so the price of the
product will be also quoted in dollar ($)
Factors that could affect the price are competition in
international market, political conditions, overall
economic status of the trading countries, tariffs and
transportation costs
As part of our promotional activities we use digital
marketing techniques such as Search Engine Optimization
(SEO), E-commerce marketing, Social Media marketing, E-
mail Direct marketing
 Year Year Year
1 2 3

Revenue 10,00,00,000 11,00,00,000 13,00,00,000

Cost of Sales (6,00,00,000) (6,00,00,000) (7,50,00,000)

Gross Profit 4,00,00,000 5,00,00,000 5,50,00,000

Operating (3,00,00,000) (3,80,00,000) (4,00,00,000)

Expenses

Interest & Tax (50,00,000) (60,00,000) (80,00,000)

Net Profit 50,00,000 60,00,000 70,00,000

Pro Forma Cash Flow Statement
Year Year Year
1 2 3

Cash flow form Operating (20,00,000) 10,00,000 50,00,000

Activities

Cash flow from (15,00,00,000) (3,00,00,000) (50,00,000)

Investment Activities

Cash flow from Financial 20,00,00,000 5,00,00,000 1,00,00,000

Activities
 Pro Forma Balance Sheet
Year Year Year
1 2 3
Assets
Current Assets 4,00,00,000 5,00,00,000 6,00,00,000

Fixed Assets 20,00,00,000 22,00,00,000 25,00,00,000

Total Assets 24,00,00,000 27,00,00,000 31,00,00,000

Equity &Liabilities
Current Liabilities 2,00,00,000 3,00,00,000 4,00,00,000
Long-term Liabilities 8,00,00,000 8,50,00,000 9,00,00,000
Total Liabilities 10,00,00,000 11,50,00,000 13,00,00,000

Owners Equity 14,00,00,000 15,50,00,000 18,00,00,000

Equity & Liabilities 24,00,00,000 27,00,00,000 31,00,00,000

Sl. No. Name Amount

1 Md. Nazmul Huda 1,00,00,000

2 Md. Nur-A-Alam 1,00,00,000

3 Md. Fayjul Islam 2,00,00,000

4 Md. Nafizur Rahman 1,00,00,000

5 Nazmul Islam Setu 1,00,00,000

Total amount
6,00,00,000
Relevant Policy
To make export trade unhindered by ensuring
compliance in the export oriented industry
To arrange export of quality products at competitive
price
To make Bangladesh missions abroad more business
friendly
To do branding of Bangladeshi products
This Policy shall be applicable in all places in
Bangladesh except for the Export Processing Zones
1.Antitrust Laws
2.Antiboycott Regulations
3.Foreign Corrupt Practices
4.World Trade Organization
we will export different jute products with lots of
varieties and designs. We select export oriented
countries those are having a huge amount of
demand of jute products in the purpose of green
environment in the world. We develop our business
step by step in the foreign markets.