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Tuesday, August 25, 2020
Monday, August 24, 2020
Sunday, August 23, 2020
Saturday, August 22, 2020
Friday, August 21, 2020
Friday, August 14, 2020
Humanity absence in the Society
If we see around us, we can see a variety of unsimilarity among the people. People lost their temper within a few seconds, lost their manner within a few moments. Each and everywhere you find men have lost their humanity, modesty, honesty, and morality. For a silly issue men hit and punch others without any justification, Even he is wrong but does not acknowledge it is his mistake and wrong. On the other hand, he tries to prove himself as the right person by hook or cook.
Especially, men focus to lower stronger than him, he tries to push him by ensuring his muscle power and mouth. In our country, we can find a lot of cases where children are bitten by some organized people even some child dead events occur in Bangladesh in which they are accused of stealing bread, money, food, mobile, etc.
Old men of the society are tormented by his or her son, wife of son, daughter, grandson, brothers, sisters, and other relatives. basically when he/she has no ability to sustain or continue to lead life ownself during this situation his or her relative creates mental and physical pressure on him/her. So that he/she live the house. Which father and mother fosterage him or her during childhood life but he/she has no ability to put up with them.
In the case of continuing daily operating activities nobody compromises each other, even he or she is wrong, they don't acknowledge their fault and guilty. Whereas, they try to attack victims to prove they are mighty persons. suppose, You are entered into ATM booth to draw cash but someone during this moment entered the boot and standing behind you. When you say him "it is absolutely wrong during the drawing cash one person entering another person into boot because there is only one ATM machine." So, he may wait to finish your job. But he does not show any kind of modesty on the other hand he misbehaves on you and tries to prove he is a mighty person in the location as a local person. Even you can see he come to you to attack you or abuse you.
A lot of unsimilarity, inhumanity, and dishonesty has occurred around us if you protest or suggest them you might falt into trouble or harassed by them no way to save you and your society from their harmful unlawful activities because of the absence of legal and lawful action against them.
Tuesday, August 4, 2020
Business Model of Salt Crushing Mills
Human the body needs salt, but too much or too little can cause various issues of health.
Sodium makes up 40% of salt. If a food label lists sodium instead of salt, multiply the answer by 2.5 for an accurate picture of the salt content.
“Salt” is a required product for creating taste at any food item without salt we can’t imagine eating any food because of lack of salt. Salt is an emergency item of increasing food taste and eligible to eat. It is a natural resource like it is made from salty seawater which is called crude salt. Salt is also used in case of industrial purpose to wash fabrics. Crude salt is cultivated in different regions of Bangladesh like Cox’s Bazar, Teknaf, etc. Today we discuss how to collect and crush crude salt convert it into useable salt.
There are three types of salt such as
1) Crude
salt
2) Iodine
salt
3) Industrial
salt
Crude salt: it is called raw salt or also called black salt. It crushes to modify for using different purposes like food grain items and industrial using purposes.
Iodine salt: It is used to make food tasty purposes and also required to improve physical or health issues. It is basically used in a household.
Industrial Salt: It is used to serve the different purposes of the industry sector especially RMG sectors.
Supply
side:
Different
firms that are related to salt crushing require machinery set up to crush
and refine the salt in factory premises required to store raw materials and
finished goods. They procure and import crude salt from local and abroad. It
also procures through direct local purchase or purchase by agents in different
locations.
After
procuring goods it has to store in their warehouse and ready for production
line.
Manufacturing: Salt Crushing Firm
Demand
Side:
Usually,
The Firm generates its revenue by selling its materials to the customers. A large
amount of revenue generates from the industrial sector and then comes from wholesales
and retails customers.
- 1) Industrial Sales
- 2) Wholesales to the retailers
- 3) Retails sales
- 4) Online sales
Monday, August 3, 2020
Business Model of Trading Firm (Stationary)
Such
kind of trading firms involved in trading business related to stationery items. Generally,
they source their materials from different foreign countries like China, Dubai,
Malaysia, Hong-Kong, India, etc. and sells the goods to the local market through
wholesales, online sales and retails sales. But a large portion of the sales
revenue generates from wholesales. There are two types of trading firms involved in
stationery goods items. Some of them are wholesalers and some of the retailers but
all have a showroom in the shopping center.
We find here, this type of trading firm works as an intermediator among the producers and customers. They source goods from different location based on people demand-supply gap in the market.
Supply side:
The
firm imports and procures materials from foreign countries and national sources
but the major amount of materials procures from the foreign market according to the present
market demand scenario.
Intermediator: Trading Firm
Demand
Side:
Usually, the trading firm generates its revenue by selling its materials to the customers. Women are the prime users of the stationary items but sometimes men also use stationery items. That’s mean, sales revenue generates from fours sources such as
- Wholesales to the retailers
- Sales through sales showrooms
- Retails sales
- Online sales
Business Model of Food Grain Trading Firm
There a lot of trading firms which involve in trading business related to food grain items such as spicey items, rice, dal, chickpeas, salt, wheat, sugar, milk powder, etc. generally the food grain trading firm imported procures goods from different foreign and local sources based on its price benefit consideration. The firm procures goods from the local market through cash or credit basis but whenever it procured goods from the foreign market through issuing L/C from its concerned banks.
After receiving goods from delivery shipment,
the firm stores its goods to the warehouse which may be rented or owned but a large number of trading firms use rented warehouses. Sometimes it sells its
goods from the port area or before goods reached port or goods in transit
moment.
Sales revenue of the trading firm generated from different types of sales methods like wholesales, sales through distributor or agents, retails, and online selling. But maximum sales revenue generates from wholesales procedures. Sales may occur through cash and credit basis but maximum times sales occur through 50% cash and 50% credit sometime it will be paid after selling goods. By the above way, a food grain-related trading firm generates its business operation to generates revenue from the market. Sometimes they are a success they fell in losses due to failure of due recovery from the market.
Business Model of Food Grain Trading Firm:
Business model of Rice Mills
Rice is our main food as a Bangladeshi
because we take rice a minimum of twice a day. Rice is made from paddy which crushing
by rice mills. There different types of
rice mills available in Bangladesh such as auto rice mills, semi-auto, and
manual rice mills.
The Concern authority of rice mills collects or procures raw materials by sourcing different local and domestic agents that are made based on its locality. Sometimes they collect from the raw sources of materials that means from farmers. Due to syndicate sometimes it is not possible to follow the direct procurement method.
Business Model of Rice Mills:
Business model of cow farm (Part-2)
Key Elements of Cow Farms:
Our input items: 1) Cow 2) Ox
Working capital: Required to run the daily operation at first need some food item i.e. husk, feed, to feed the cow, and bull, daily expenditure i.e. labor cost, carrying charge, electricity, and other expenditures.
Plant shed: It is required to make a plant shed for cow farming especially for nursing, take care, and other required activities. The shed must be made in a scientific way to get better health issues.
Medical Service: Make a contract or appointment with a certified physician for ensuring perfect and continuous medical check-up of our cow and bull.
Finished Products: Milk is the prime product of the farm, anyone can convert the product as per market demand and supply gap make it 1) Curd 2) Ghee 3) Butter 4) Sweets items, etc. 5) also make biogas plant which may be another source of revenue generation.
Production distributors: Farm can make its sales procedure from its farm premises or sales point.
Business Model:
|
Supply Side |
Demand Side |
|
|
Farm procures goods, materials from
local sources like various Mills, shops, etc. |
Cow Farm |
Sales of different goods like Milk,
Curd, Ghee, Butter, Sweet, etc. |
|
It also sells Boi gas to the various household beside the farm |
Business model of Cow Farming (Part-1)
Any people who have a minimum amount of funds with land to start the farming business. Before involving the related business the person should learn some key facts about his products since we are talking here about cow farming. so, we can consider our main working factor is a cow.
At first, we must forecast our project, its initial cost, fixed cost, working capital, its supply lines, and demand lines and others, etc. Now, we are going to make construction activities to establish and start our production process.
Then, we think about collecting our main key product which is our main concern. Now, We think about which product we are going to see as finished goods. suppose we are going to think to produce a milk-related product like cow milk, meat, etc. now we should from which better alternative sources may we purchase our cow. We must ensure the machine and product quality.
Now, I think about the production process, production flowchart, and specific guidelines to make the operation smoothly.
Now, think about the finished products which help to generate revenue and earnings. We think, initially we start our cow farm with two product lines one consists of milk and cow another one consisted of meat. So, we start our project with five milk cows with calves and 5 bulls for meat. We may be targeted we are going to generate revenue of the first production line recently or within two to three months and the production line should be considered as a mid-long-range project.
Continue...............................
Corporate Business firm
A lot of people involved in different types of activities to
fulfill human requirements and need. In the case of their involvement, they
try to make a profit by performing their activities. People are interested to
make a profit and maximize their wealth. But some of them can be able to reach
their destination, some of them continue their activities moderately and some
of them are lost and close their activities. Today we try to discuss the term
of business, its form, advantages, and disadvantages of the different forms of
businesses separately from my point of view. Generally, a large number of
manufacturing and heavy investment companies are constructed in the form of corporate
which is called Company also.
Corporate
Firm:
An
organization constructs with a bunch of people, authorized by the company act
and state laws and starts to operate with a specific number of shareholders
which is determined by the Company act and state laws.
We
can say as a corporation firm which firm meets certain legal requirements to be
recognized as having a legal existence, as an entity separate and distinct from
its owners. It is owned by its stockholders (shareholders).
Keywords: The legal entity, company Law, state laws, shareholders, etc.
Advantages:
a. Limited
liability of the Company which is limited its number of shareholders
b. Easy availability of firm capital which is authorized by a joint-stock registered company. Corporations have perpetual existence; which exists beyond the death of the manager, Board of Directors and executives, etc.
c. Easy
transfer of ownership; ownership of share certificate easily transferable.
d. Building
credibility; various stakeholders are ready to provide a debt obligation for
strong legal support.
Demerits:
a. The complex process to start a business initially due to different legal bindings and
authorities.
b. Hight
tax rate; in the case of corporate it has to more tax than other business firms.
c. Conflict
of interest is high between different stockholders inside and outside the
company.
d. Lacks
of business confidentiality since it has to disclose its financial, quantitative,
and qualitative information to the public.
Continue
A Partnership Firm
A lot of people involved in different types of activities to
fulfill human requirements and need. In the case of their involvement, they
try to make a profit by performing their activities. People are interested to
make a profit and maximize their wealth. But some of them can be able to reach
their destination, some of them continue their activities moderately and some
of them are lost and close their activities. Today we try to discuss the term
of business, its form, advantages, and disadvantages of the different forms of
businesses separately from my point of view. Generally, a few numbers of
trading firms and manufacturing firms are constructed in the form of a partnership
firm.
Partnership Firm:
The firm which constructs with two or more individuals to make a profit by doing
business activities through an agreement. Here, the agreement should be written and
registered, it's better for the running business operation smoothly. Profit is allocated
among the partners according to the agreement mentioned condition or pro-rata basis.
Keywords:
party involvement two or more, profit distribution, written and registered
agreement.
Merits:
a. Less formal roles and regulation with few legal obligations
b. Easy to start partnership business as like as a proprietorship
firm
c. Easily share the burden to the among partners
d. Access to share knowledge, skills, information, experience, and
contacts, etc.
e. Better to make the decision.
f. Easy fund accumulation process which relies on its number of
partners
g. Easy access to profit
Demerits:
a. The business has no independent legal status as like as a proprietorship firm
b. Unlimited liability
based on its partners' personal liabilities
c. Limited access to capital
with partners limitation
d. Potential for
differences and conflict among the partners
e. Slower, more difficult
decision-making
f. Profits must be shared
among the partners
g. Taxation
Continue.................................
Sunday, August 2, 2020
A Sole Proprietorship Firm
A lot of people involved in different types of
activities to fulfill human requirements and need. In the case of their involvement,
they try to make a profit by performing their activities. People are interested
to make a profit and maximize their wealth. But some of them can be able to
reach their destination, some of them continue their activities moderately and
some of them are lost and close their activities. Today we try to discuss the term
of business, its form, advantages, and disadvantages of the different forms of
businesses separately from my point of view. Generally, a large number of trading firms and small size business service and manufacturing firms are constructed in the form of proprietorship.
Sole Proprietorship:
A sole proprietorship, which is referred to as sole trader, individual entrepreneurship, or proprietorship. It is referred to a form of business which initiates, lead, control, and funded by one person. Only one person established the business, take all kinds of managerial decisions, and funded all required funds for the business organization. Keyperson of the organization is one who always responsible for all kinds of responsibilities like fund accumulation, organize all business and managerial activities, earning profitability, etc.
Advantages:
a. Easy to
form of a business firm.
b. Few government
roles and regulations to formation and operation a business firm.
c. Involvement of lower-income tax involvement rather than a corporate tax.
d. Easy to make any kind of managerial and business decision.
Disadvantages:
a. Absent of
legal business entity as a nature of proprietorship business firm.
b. Unlimited
liability which tracks with personal liabilities.
c. The life
of the business is limited to its owner's life.
d. Complex to collect funds to operate business working capital and other required funds.
e. Lower concentration by external financiers due to lack of legal business entity and limited life of business and unlimited liabilities tracking with personal liabilities which create problems to recover debt obligation after death or end of the business firm.
Continue
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