Feasibility analysis of Unilliance furniture limited
AuthorIslam, Md. Tazul
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Furniture business is one the important business of our country. The market is also competitive and the demand of modern furniture is also increasing. The test of people is developing with the education rate. Considering all of those factors Unilliance Corporation is going to open new SBUs named Unilliance Furniture Limited. The company will be providing everything for home furnishing as well as for office decoration in the local market. The company will be unique in terms of its services, sourcing, production process, people and products. The company will provide at reasonable cost and ensuring an elegant life style. It will gain success from the very beginning of their operation and will capable enough to hold the success year after year because it has a very strong financial backup from Unilliance Textiles Limited One of its sister concerns. They will also share their experience. From the feasibility study of Unilliance Furniture Limited it is clear that they will earn profit and the amount of profit will be increased day by day. To start the business they have to take loan from the bank but with in time they will repay the loans. The project will be a profitable concern and will be able to meet all of its long term and short-term obligations. So this project is financially feasible in all aspects. They are strongly looking forward to utilize their opportunity, strengthen their strengths, removing weakness and overcoming business threats. It would be easy to run the business in partnership form, because of complementary skills of partners, larger pool of capital and single taxation facility. It is quite apparent that the successful implementation of such a plan would have positive impact.