To set a business under the law. Company Description Process of Starting Business Memorandum of Association Law and regulation to Follow Management Service or Product Line Market Analysis Marketing & Sales Financial plan Analysis

1. 1
Business law
course code:201
Business Plan

2. Agenda
1. Company Description
2. Process of Starting Business
3. Memorandum of Association
4. Law and regulation to Follow
5. Management
6. Service or Product Line
7. Market Analysis
8. Marketing & Sales
9. Financial plan
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3. Company Description
• Universal Pharmaceutical ltd is a private limited co.
Headquarter in Dhanmondi-27, Dhaka. We are 4 founder
members of this company.
• to control manufacture, import, distribution and sale of
drugs, we will follow THE DRUGS (CONTROL)
ORDINANCE, 1982.
• GMP(Good Manufacturing Practice) will be followed of US
Food, Drug and Cosmetic Act
• Now I need to know if anyone else already has that name.
This is a trademark question. Patents, copyrights and
trademarks are part of intellectual property law.
• Hiring my own employees and ordering supplies will
involve contract law 3

4. • Verify the uniqueness of the proposed company name on the
website of the Registrar of Joint Stock Companies and Firms
• Pay stamp duty at a designated bank
• Register at the Registrar of Joint Stock Companies and Firms
• Make a company seal
• Obtain a Tax Identification Number
• Open a Bank Account
• Registration of Medicines
• Apply for VAT registration
• Receive physical inspection of the business premises by a
government agent and Obtain the VAT registration certificate
• Obtain a trade license
• Hiring registered pharmacist of the Pharmacy Council of
Bangladesh.
• Permission from Minister of Health & Family Welfare.
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Process of Starting Business

5. Memorandum of Association
1. Universal Pharmaceutical Ltd.
2. Headquarter – Dhanmondi-27,Dhaka
3. The objective are,
• Manufacture and Sales of medicine.
4. Company operation is through all over the
Asia.
5. Liability of Member are Equal.
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6. Law and regulation to Follow
To do a Business Plan
• Company Act -1994
• Drugs Act, 1940
• Commercial and company laws
• Drugs (Control) Ordinance, 1982.
• Bankruptcy and collateral laws
• Labor laws
• National Drug Policy -2016
• Commercial and company laws
• Land and building laws
• Securities laws
• Tax laws
• Trade laws.
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7. Management
• Business law encompasses all of the laws
that dictate how to form and run a
business.
• This includes all of the laws that govern
how to start, buy, manage and close or sell
any type of business.
• To Manage the business we should be
generally familiar with business laws and
know when to seek the advice of a
licensed attorney.
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8. SERVICE OR PRODUCT LINE
• Once you’ve completed the Organizational
and Management section of your plan, the
next part of your business plan is where you
describe your service or product,
emphasizing the benefits to potential and
current customers. Focus on why your
particular product will fill a need for your
target customers.
• Sale of Goods Act 1930
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9. • The objectives of the market analysis section of a
business plan are to show to investors that:
• you know your market
• the market is large enough to build a sustainable
business
• Demographics and Segmentation
• Target Market
• Market Need
• Competition
• Barriers to Entry
• Regulation
Market Analysis
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10. Marketing & Sales
• Focus on your market. customers? target? decisions?
• Evaluate competition. Known our competitors by
gathering information about their products, service,
quality, pricing, and advertising campaigns.
• Consider your brand. Our marketing program should
consistently reinforce and extend your brand to reflect on
your business and our products and services.
• Focus on benefits. Marketing plan should clearly
identify benefits customers will receive. Focus on what
customers get instead of on what we provide
• Focus on differentiation. Products and services have
to stand out from the competition in some way. How will
you compete in terms of price, product, or service?
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11. Financial plan
• Start with a sales forecast. Set up a
spreadsheet projecting your sales over the
course of three years.
• Create an expenses budget. ...
• Develop a cash-flow statement. ...
• Income projections. ...
• Deal with assets and liabilities. ...
• Breakeven analysis.
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12. Thank You
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