Business Plan Group Members: Nadeem Alam Imran Khan Shah Sawar BBS - IV Submitted to: Mr. Noman Shafi Quaid-i-Azam School of Management Sciences, Quaid-i-Azam University, Islamabad BUSINESS PLAN Idea generation: In the idea generation stage of business plan my group members set together and discussed about the new business idea. Here we generate three ideas that are: Adventure tour company Production house Restaurant of GB (Gilgit Baltistan) food. Selection of business: In this we first deeply discussed about each new business units and select one the “Production House”. The main reasons of select the production house and reject the other new ideas are as follow: The production house which we had selected is a family business, which was established in 1992. The owner of this business is “Sultan khan”. He is the first photographer of his village. Production house is located at DC chok main bazar Gahkuch, Ghizer Gilgit Baltistan. The main reason of selecting this business is that almost 26 years goes there is now innovation and growth in this business but still its revenue is too high because in that area there are only three competitors in all over district. The need of production house is gradually increases because of increase in population and awareness about the modern film production coverage need for their mega events like Festivals, marriages, etc. For this we decided to bring some innovation in the existing business, expending this to different districts of the Gilgit Baltistan and bring high technology equipments, high quality explore in business. This is also reason of select production house that this business has a good reputation in the Ghizer district and Gilgit main city as well. The competitors have also same an old technology. We had rejected the other two business ideas because in the tourist company there are many competitors in the market. And other main reasons of rejection of Adventure Company are that there is problem of security, complex government procedures. The reasons of rejection of restaurant are that we want to open this restaurant in Islamabad. It is very difficult to change the customers taste from existing food to our local food, too high rents, etc. Work done: We had done the work on idea generation, market survey, and made list of high technological equipments (statement of assets) need and its prices, we had select the site and location, and working on the financing for the business and procedure of converting the family business to partnership form of business.