Bus101 Group Project
The project is a down-to-earth one; no ivory tower is there and no Dutch courage is needed. It’s all about mushroom- its cultivation and marketing where investment is extremely possible minimum. No down time exists here, as the state of art technology is not needed. Even it’s neither a capital intensive one. The project is aimed at fulfilling with the very number one basic need i.e., food along with the ex gratia, nutrition, staying at the heart at the agriculture sector, the mother of all industries. The projected outcome is that by investing BDT 2,000,000.00 (equivalent of US$ 25000.00), net income would be BDT 5,995,635.37 which states about 299.78% ROI without any substantial variation, due to the existence of antithesis relationship in between risk and return (because, here risk is at rock-bottom but the return is sky-rocketing).
Mushroom Mavens, LLC (proposed) plans to produce and market mushrooms in Bangladesh, a country with a conducive climatic condition for the cultivation of mushrooms. In Bangladesh due to escalating population growth, land to man ratio is decreasing every year. As a result, the land available for cultivation of vegetables is decreasing. These circumstances create a potential market for mushrooms, a vegetable with high nutritious value in it. The price of vegetables is skyrocketing and it is getting beyond the reach of the common people. This inadequate consumption of vegetables has created malnutrition in the general public. In such a situation, the cultivation of mushrooms would not only bring profit for the company but also meet the needed nutrition for the people of the country. Moreover, the Bangladesh Government is also providing a tax holiday for entrepreneurs cultivating mushrooms. The government and private banks are offering loans to encourage entrepreneurs to be engaged in mushroom business. A few companies are producing mushrooms for export, however, for the local market; there are an insignificant number of producers.
Mushroom Mavens, LLC (proposed) plans to produce and market mushrooms in Bangladesh, a country with a conducive climatic condition for the cultivation of mushrooms. In Bangladesh due to escalating population growth, land to man ratio is decreasing every year. As a result, the land available for cultivation of vegetables is decreasing. These circumstances create a potential market for mushrooms, a vegetable with high nutritious value in it. The price of vegetables is skyrocketing and it is getting beyond the reach of the common people. This inadequate consumption of vegetables has created malnutrition in the general public. In such a situation, the cultivation of mushrooms would not only bring profit for the company but also meet the needed nutrition for the people of the country. Moreover, the Bangladesh Government is also providing a tax holiday for entrepreneurs cultivating mushrooms. The government and private banks are offering loans to encourage entrepreneurs to be engaged in mushroom business. A few companies are producing mushrooms for export, however, for the local market; there are an insignificant number of producers.