Hakob Badalyan
Production of Wood Items
Sarukhan Village, Gegharkunik Marz

Project Summary

This business plan presents Sev Vagr LLC’s calculation of the production of wood items. Sev Vagr has been working since 2002. First, the company produced furniture made of iron and laminate. The company also produced wood furniture. Technological innovations were used in wood and laminate furniture production, which gave the company an opportunity to ensure good results with minimal costs. The company stopped working in 2007, as the master was busy. Now I am the main master of the company, and I have decided to be engaged in production of wood kitchen utensils and office furniture. This idea is both an innovation for the marz and for Armenia. The main specialty of the company is that its offered products have special designs and require few raw materials. Produced products are of high value and have high market prices. Some of the necessary equipment for organizing the production all ready exists. The others need an investment of 900,000 dram for purchase.

The company ensures 1 million dram profit annually.

Project Financial Analysis

Project Costs: 
2,350,000
Total Equity: 
1,450,000
Requested Amount: 
900,000
Loan committee decision: 
900.000
Received: 
0
Profit : 
1,052,800
Profitability of Equity: 
73 %
Current employees: 
0
New employees: 
3

Please register for downloading the full version of the business plan