Executive summary

St. Mark’s Sr. Sec. Public School, Meera Bagh, New Delhi, India is located in the Asia Pacific region.It comprises of approx. 3800 students and 150 teachers. The school follows the CBSE curriculum and offers science, commerce and humanities streams after class 10.

The school is participating in the school enterprise challenge for the first time and is eager to teach its students entrepreneur skills.A lot of brain storming sessions took place wherein it was decided that paper bags and cloth jholas from the scrap newspapers and pieces of clothes would be produced.After some realistic surveys and deliberations,it has now been decided that cloth hand bags would be the best business proposition.

The mission of our business is ‘creating best out of waste to save the environment’.

We intend to involve 15 students in this project so as to develop their entrepreneurial skills and sensitize them towards environmental problems and sustainable development.

Our school will focus mainly on the shopkeepers who use plastic bags and the teenage groups which like cheap leatherette bags.

We are planning to sell directly without any agents or middlemen to save upon cost and giving value to our customers. As we will be catering to neighbourhood shops , the need for transportation would be minimum.

Our competitors in this business would be the people working in the unorganized sector.  There is a lot of competition from them.

Once training is given to people / workers, they can do this work at home utilizing their spare time effectively. Business operations can be smooth if people involved are doing the work as per their convenience.