House Maid Services
House Maid Services
The cleaning industry is experiencing explosive growth. Increasingly more people need their houses cleaned. Many people in metro cities are busy with their jobs and other works and they don?t have enough time to arrange and clean their houses regularly and properly. Home maids provide the customers with such services which would make their lives much more comfortable.
We provide a service where in we have certain centrally located branches for different localities of the city. The customer has to get registered before hand on the company?s web site and he is given a code number. When the customer needs any service, which we can provide, he just has to call on to a toll free number and tell his code and the kind of service he wants.
As soon as the customer calls the truck loaded with the required equipment reaches the place in max of 30 minutes. Whatever the customer wants is first noted down and then the required service is provided. For security reasons the customer has to be present during the cleaning services. We would not be responsible for any theft reported after 24 hours of are services being provided to the customer.
Bill is sent to the customer, whom he can pay through credit or in cash at any of the companies? branches any delay in payment is charged with fine.
We will be having a main office with 10 branches, each branch being provided with two trucks. The branches will be located in different localities, each branch covering a radius of five kilometers.
Moreover we plan to employee needy people and people looking for part time jobs( for the field work) . The people recruited for the main branch and office work will be from professional field .
We plan to implement this service in Mumbai for a start and then expand the business to all the other metropolitan cities.
Though technology has certainly had an impact on cleaning services, this is not a high-tech business. Nor is there any glitz to it. And there will be times when you'll have as much trouble.
? Sales of 120, 00,00,0 in 2008 and Profit after repayment of loan by 2010.
? Net income more than 9.97% of sales by 2008.
To provide customer satisfaction and high quality service using the latest and modern utensils. The service is provided 24 hours a day for the convince of the working group. Through the help of surveys we have tried to find out the major services which the masses need and have also included them in our package. Initial focus will be on customer satisfaction and popularity by selling the package at a nominal rate
? Clients must have total trust in the people who come to clean their homes
? A willingness to please the customer and the dedication to provide a thorough cleaning job.
The company will be owned by two partners having equal share in the company.
Capital Outlay ? Initial Investment (for the 1st year)
? Trucks (20) Rs 10000000
? Advertisement Rs 20000
? Administrative building+ (rent) Rs 7605000
? Employee salaries Rs 1400000
? Utilities & Equipment Rs 375000
? Fuel Rs 600000
Total Rs 2.00 crores
Home Depot or Sam's Club is a great place to buy cleaning supplies. A step stool, bath cleaner, toilet bowl cleaner, window cleaner, all purpose cleaner, soft scrub cleanser, furniture polish, wood floor cleaner, a cleaning carrier and a sack of cleaning cloths and your ready to clean. Most customers prefer that you bring your own cleaning supplies. That way they don?t have to worry about going to the store for cleaning supplies before you clean. Some customers have special cleaners for certain appliances or floors in their houses. These customers usually will have these cleaners on hand for you to use
The cleaning industry has two primary market groups: consumer and commercial. The consumer arena consists primarily of residential maid services, along with carpet cleaners, window cleaners and a variety of other cleaning services required on a less-frequent basis. The commercial arena is dominated by janitorial services, which typically provide a wider range of services, along with other cleaning companies, such as carpet and window cleaners that target businesses rather than individual consumers.
Home maid services is focusing on the part of the society where the bread earners of the family are working so they have very less time to spare for the cleaning of their house.
Though technology has certainly had an impact on cleaning services, this is not a high-tech business. Nor is there any glitz to it. And there will be times when you'll have as much trouble as Rodney Dangerfield getting respect.
Home maid services provide the customer with the latest and the most reliable products to clean their houses. Most of the products are either imported or brought from a reliable and well known firm. This way our firm holds a technological benefit over the other cleansing services.
Another positive aspect of the industry is that within each category of cleaning businesses are market niches and operating styles that vary tremendously.
Market study reveal that majority of the working couples are concentrated in the Mumbai society. So we plan to implement the project amidst the people in Mumbai and then move onto the other different metropolitans where the trend of both the couples of the family being from the working lot
This all depends on the area we are going to implement the project in. we believe that Always charge by the job, not by the hour. If a client knows they have to pay Rs 65.00, they don?t care if you take 2 hours or 5 hours. Also your clients will know what they are paying upfront and won?t have to worry about added expenses.
Normally, our full package will be costing approximately Rs 600, for all the services but its left to the discretion of the customers to decide what service to avail and its not at all compulsory for them to take the full package.
Total Sales 1,20,00,000 1,80,00,000 3,00,00,000
Direct Cost of Sales 50,00,000 55,00,000 95,00,000
Acquisition of land 09/4/2006 15/05/2006
Development of land 15/4/2006 02/06/2006
Plant and machinery 20/4/2006 20/08/2006
Power and water 3/5/2006 10/07/2006
Erection of equipment 20/5/2006 25/06/2006
? Magnetic Signs or Lettering for your Vehicle
HOUSE MAIDS Cleaning uses only cleaning products that are safe for your home.
Furniture: Pledge Furniture Polish or Bollowad House Lemon Oil
Glass Surfaces: Zep Glass Cleaner
Kitchen Counters: Mr. Clean Anti-Bacterial Cleaner
Stainless Steel Appliances: Stainless Steel Magic
Sinks: Soft Scrub and or Stainless Steel Magic
Bathrooms: Scrubbing Bubbles, Clorox Clean-Up, Soft Scrub and Hexol: This professional quality concentrate cleans and deodorizes, leaving a fresh clean smell. High pine-oil content has made this product a favorite of hospitals, hotels and households since 1927.
Wood and Laminate Floors: Zep Wood and Laminate Floor Cleaner
Tile and Linoleum Floors: Bolloway House Fresh Burst Floor Wash. A remarkable cleaner that naturally cleans dirt, grease and scuff marks without harsh alkalis or ammonia. Designed by professionals to freshen and maintain floors easily?without rinsing! Specially formulated to leave no build-up of dulling, sticky, oily residue.
Vacuum cleaner: Lindas vacuum cleaner
Furniture polish (Pledge or Endust) for dusting furniture
Glass cleaner (Windex or Glass Plus).
Bathroom cleanser (Comet, Ajax, or Softscrub).
Sponge mop (if you have hardwood floors)
Kitchen soap pads (S.O.S or Brillo)
All-purpose cleanser (Pine-Sol or Spic 'n Span or Mr. Clean)
Small plastic wastebasket (to hold water)
Any other special products needed for Brass, Copper, Marble, Etc.
5. Cleaning rugs, curtains and mattresses
9. Crime Scene/Death Cleaning Services
Outside of Oven and Refrigerator Cleaned
Furniture and Room Cleaned and Polished
Floors vacuumed and/or Washed By Hand
Floors vacuumed and/or Washed By Hand
Furniture and Room Cleaned and Polished
Floors vaccumed and/or Washed By Hand
The executives in the management team shall be recruited from the top business schools of India and the owners of the firm shall be the board of directors. As the company makes progress more effort shall be made to expand the management team.
In the beginning the directors would be immensely involved with the management of the firm
12 PROJECTED FINANCIAL STATEMENTS
The key financial assumptions include:
? An average collection period of 45 days.
? An average payment period of 35 days
o current interest rate is constant at 8.00 %
o long term interest rate is constant at 10.00 %
Sales 5000000 9000000 12000000
Direct Cost of Sales 2050000 2500000 4000000
Total Cost of Sales 2050000 2500000 4000000
Gross Margin 2950000 6500000 8000000
Payroll 1400000 1500000 2000000
Sales and Marketing and Other Expenses 20000 30000 50000
Depreciation 500000 500000 500000
Equipment 30000 40,000 50000
Utilities 45000 55000 60000
------------ ------------ ------------
Total Operating Expenses 2101000 2229500 2764500
Profit Before Interest and Taxes 849000 4270500 5235500
Repayment of loan 0 3000000 3000000
Interest Expense 480000 480000 240000
Profit before taxes 369000 790500 1995500
Taxes Incurred (147600) (316200) (798200)
Net Profit 221400 474300 1197300
Net Profit/Sales 4.428% 5.27% 9.97%
Cash Sales 5000000 9000000 12000000
Cash from Receivables 0 0 0
Subtotal Cash from Operations 5000000 9000000 12000000
Sales Tax, VAT, HST/GST Received 0 0 0
New Current Borrowing 0 0 0
New Other Liabilities (interest-free) 0 0 0
New Long-term Liabilities 0 0 0
Sales of Other Current Assets 0 0 0
Sales of Long-term Assets 0 0 0
Subtotal Cash Received 5000000 9000000 12000000
Cash Spending 759000 1200051 1506545
Payment of Accounts Payable 3834800 4478049 6661555
Subtotal Spent on Operations 4593800 5678100 8168100
Interest/taxes incurred 627600 796200 1029200
Principal Repayment of Current Borrowing 0 0 0
Other Liabilities Principal Repayment 0 0 0
Long-term Liabilities Principal Repayment 0 3000000 3000000
Purchase Other Current Assets 0 0 0
Purchase Long-term Assets 0 0 1000000
Subtotal Cash Spent 5221400 9474300 13197300
Net Cash Flow 221400 474300 1197300
Cash Balance 221400 695700 1893000
Accounts Receivable 0 0 0
Other Current Assets 3834800 4478049 6661555
Total Current Assets 4056200 5173749 8554555
Long-term Assets 14000000 13500000 12500000
Accumulated Depreciation 500000 1000000 1500000
Total Long-term Assets 13500000 12500000 11000000
Assets 721400 2232600 4361000
Expenses 6000000 3000000 0
Total Assets 24277600 22906349 23915555 Liabilities and Capital
Current Liabilities 2006 2007 2008
Accounts Payable 3834800 4478049 6661555
Current Borrowing 0 0 0
Other Current Liabilities 0 0 0
Subtotal Current Liabilities 3834800 4478049 6661555
Long-term Liabilities 6000000 3000000 0
Total Liabilities 9834800 7478049 6661555
Paid-in Capital 14000000 14000000 14000000
Retained Earnings 221400 954000 2056700
Earnings 221400 474300 1197300
Total Liabilities and Capital 24277600 22906349 23915555