Industry Analysis

B. Analysis of competitors
Porters Five Forces:
1. Threat of new entrants:
As population is on the rise and lots of people is
moving towards main stream learning, agricultural
education is somewhat non mainstream side of
education at this point in time. So any private
institution providing good education and giving
some sort of job guarantee in the sector will be
able to capitalize with good service and earning.
2. Rivalry among existing firms:
There are a few competitors in this agricultural
education industry. We can divide the competitors
in to two groups namely government own
institutions and private owned institutions. From
the number of competitors it is clear that there
exists a low level of competition among the
rivalries.
3. Bargaining power of Buyers:
There is little bargaining power of the buyers since
it favors the producers here. If people asking for
quality education than they will have to pay a bit
higher.
4. Bargaining power of Suppliers:
The bargaining power of the supplier in this
industry is not negligible. It is education which will
be provided by teachers. Specific scholar in this
sector is little. So finding good scholar with proper
motivation in this field is a challenge.
5. Threat of Substitute products or services:
Threats from substitute are this industry is little as
long agricultural education is concerned.

PEST Analysis:
Political Factors:
Tax policy
Employment laws
Environmental regulations
Trade restrictions and tariffs
Political stability
Economic Factors:
Economic growth
Interest rate
Exchange rate
Inflation rate



Social Factors:
Health consciousness
Population growth rate
Age distribution
Career attitudes
Emphasis on safety
Technological Factors:
R&D activity
Automation
Technology incentives
Rate of technological change


SWOT Analysis:
Strength:
1. Constant flow of students
2. Government Support
3. Solid Financial Background
4. Long-term vision of the investors
Weakness:
1. Higher pricing of private education
2. Huge equity investment
3. Huge amount of monetary and lab
facilities
Opportunities:
1. Ongoing public awareness
2. Rise in the price level
3. Major political agenda
4. Introduction of healthy products
5. Large number of eager young
minds
Threats:
1. Unstable Government policy
2. Students are cost conscious
3. Future crisis may lead shut down the
operation
C. Industry and market forecasts

Public education spending (percentage of GDP):
2.6%
Public education spending (percentage of
Government spending): 15.8%
Share of education spending by level of
education:
primary: 46.3%
secondary: 40.8%
tertiary: 11.5%
other: 1.4%

Description of Venture
Mission
Aim is to create a talent pool of students for our
country and add a dimensional success in every
step of agriculture all over Bangladesh.
Vision
We want to make our country self dependent in
agriculture and agricultural sectors. Additionally
we are committed to provide the nation a
brilliant tub of students with high morale and
agricultural knowledge every year.

A. Products
Students
Agro based products
Agricultural development services
Innovative and productive Ideas
Research based outputs

B. Services

We will provide agricultural knowledge.
Effective education and practical knowledge.
Moreover we will serve our agricultural sector.

C. Size of business
It is a partnership business.
There are four partners available in this business.
This is a medium size business.
D. Office equipments
Air-conditioners
Calculator
Computers
Printers
Scanner
Desks or tables
Chairs
Cash register
And many more

E. Background of entrepreneurs
Student of North South University.
Bachelor of Business Administration.
Major in marketing, Accounting & Finance

Production plan

A. Manufacturing process

B. Physical plant
Classroom
Greenhouse
Land Labs
Workshop
Others

C. Machinery and equipment

AIR-CONDITIONERS
COMPUTERS, PRINTERS, SCANNERS.
TABLES OR DESKS SUITABLE
LCD PROJECTORS WITH HANGING SCREEN
AXE
BOW
SAW
PLANT AND SEED MODELS
PLANT MAINTENANCE AND MONITORING EQUIPMENTS
SANITIZING EQUIPMENT FOR CAGES AND INSTRUMENTS
SOIL TEST EQUIPMENTS
GREENHOUSE EQUIPMENT S
TEMPERATURE CONTROL
SOIL TEST KITS
PESTICIDE CONTROL
SAFETY EQUIPMENT FOR APPLICATION OF DUSTS, SPRAYS, ETC.
MANY MORE

Operation plan
A. Description of companys operation
Primary Activities
Office rent
Recruitment
Utilization of human resources
Keeping records of selling,
Purchasing,
Other costs.
Support Activities
Communication among directors
Superior quality product
Training staffs
Research and development activities
Additional facilities for customers.
Inbound Logistic
Receiving and warehousing of different materials,
which includes:
Transportation
Material handling
Communications
Testing & Information system.


Outbound Logistic





Existing Core Competencies
First to start the only Agro based School
Experienced and talented agriculturists (Lecturers and
Experts)
Experienced principal
The effective human resources.

Gather
Information
Design the
Program
Final Output Publish
Future Competencies
We will produce agriculturists
Previous research papers and resources will be a
fine guideline
We can give fellowship to the talented
Donations from research foundations
State of the art technology in our workshops,
classrooms, labs etc.
Expand the business

B. Flow of orders for goods and
services
Available manuals.
Online system.
Response to the customers through
telecommunication.
Evaluating the quality and availability of research and
invention through survey method.
The products and services should be developed by
taking continuous feedback from the customers
regarding what they really want.
Committed to meet the needs and expectation of the
customers.
C. Technology utilization
Computer laboratories with internet access and
printing facilities
Classrooms have multimedia projectors with
interactive whiteboards and audio speaker
systems
Wireless networks system
Access to the Internet with a email address and
personal storage space
Up-to-date operating systems, anti-virus and
softwares.