BUSINESS PLAN

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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.
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