Need help from an MBA guy.

[ajuvignesh]

Hi all,
I need some advise from MBA guys or others with the business knowledge.

So, Im planning to start a small business and I would like to know more about the terms like
- Distributor landing price
- Retailer landing price
- Markup
- Markdown
- profit margin etc.
and the calculations associated with it.

Can you recommend a book or set of books that covers all these and much more? Tried my luck with AI with book suggestions and it didn’t turn out to be good.

Please help.

 

[ketansethi1987]

Hi all,
I need some advise from MBA guys or others with the business knowledge.

So, Im planning to start a small business and I would like to know more about the terms like
- Distributor landing price
- Retailer landing price
- Markup
- Markdown
- profit margin etc.
and the calculations associated with it.

Can you recommend a book or set of books that covers all these and much more? Tried my luck with AI with book suggestions and it didn’t turn out to be good.

Please help.

Many factors to be considered here.
Are planning to start trading business or manufacturing?
Is it product related or service related business?
What type of business organisation you plan to register?
Selling directly to your customers or through retailers?
Online or offline?

 

[ajuvignesh]

Many factors to be considered here.
Are planning to start trading business or manufacturing?
Is it product related or service related business?
What type of business organisation you plan to register?
Selling directly to your customers or through retailers?
Online or offline?

Hi. Thanks for responding.

Starting manufacturing business. It is a snack manufacturing business. It is a product related business. As of now, Im planning for pvt limited. Selling to distributors. Both online and offline. Online sales will be handled by the company. Offline would go through distributors.

 

[ketansethi1987]

Hi. Thanks for responding.

Starting manufacturing business. It is a snack manufacturing business. It is a product related business. As of now, Im planning for pvt limited. Selling to distributors. Both online and offline. Online sales will be handled by the company. Offline would go through distributors.

First of all I would suggest not to go for a Private Limited Company form of business organization. Go for a sole proprietorship or a partnership. There are unnecessary requirements which are to maintained every year when you have a Pvt. Ltd. Company so avoid that for now. Later on your Proprietorship or partnership can be converted to Pvt. Ltd. if required.
You should get your trademark registered first. Get a PAN in name of the business or you can use your own PAN as well.
For selling online you will need a GST number.
Then see what price are the similar products being sold online and offline. Calculate all your costs per package and you shall be able to derive all the prices you want like dealer price, distributor price etc.

 

[arj]

On setting up, proprietorship has taxation is based on income tax slabs unlike others. a pvt ltd which has more compliance but at 22%. partnerships are at 30%

I assume you have made a business plan for this ? ideally google for a startup mentorship program who will help you with all this .
more than books you ideally need to look for a mentor.

Edit: Proprietorship on Manufacturing has an impact on liability of capital equipment so yeah one of the others. but please consult with some mentor than jut on these forums