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Planetarium Business Business Feasibility Study Report(BFSR) 19,999.00 instock
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Planetarium Business Business Modelling(BM) 4,999.00 instock
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Planetarium Business Business Plans(BP) 59,999.00 instock
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Planetarium Business Detailed Project Report(DPR) 49,999.00 instock
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Planetarium Business Business Feasibility Study Report(BFSR) + Project Report(PR) 62,999.00 instock
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Planetarium Business Business Feasibility Study Report(BFSR) + Business Plans(BP) 71,999.00 instock
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Description

Over the last few years, numbers of planetariums have used digital dome projection as their primary design and display medium globally. This trend has great potential in education, science, entertainment projects. The main objective of a planetarium is to improve the knowledge and recognition of astronomy and related sciences through the show, performance, promotion of astronomical research, domestically and globally to improve the academic, financial growth.

Generally, Planetarium Businesses provides services like an eye-catching experience with images, videos, slides, visual effects, animations, narration, and music that will show the wonders of the universe or galaxy. It is recommended for education and entertainment in astronomy and related fields, especially space science. It plays a very crucial role in the field of science and EdTech by giving informative, innovative, adventurous experiences for many visitors. The Global EdTech market is expected to reach $1.96 Billion by 2021.

Planetarium Services are basically provided in a large room or hall with a dome-shaped ceiling, and with the seating arrangement according to the structure of planetarium. A digital projector projects from the middle of this room which flashes models on the dome’s ceiling and shows the different objects, images of stars, planets, and other celestial objects with a meaningful storyline. Some planetariums also have telescopes which people can look through and exhibits about space and other things.

Recent trends show that digital domes may emerge as an essential element in future to broadcast data, digital information, knowledge, art, and performances across a scale of developments in education, science, entertainment field. In India, there are several existing planetariums in the major cities like; Birla Planetarium (Chennai, Hyderabad, Kolkata), Nehru Planetarium (Mumbai, New Delhi, Bangalore), Tara Mandir (Porbandar), etc. All are famous for their infrastructure and way of visualization.

In addition to the modernization of the technological system, the planetarium is changing with better facilities like a new gallery. Therefore, with advanced technology, the planetarium business has a great scope in future.

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Business Feasibility Study Report(BFSR), Business Modelling(BM), Business Plans(BP), Detailed Project Report(DPR), Business Feasibility Study Report(BFSR) + Project Report(PR), Business Feasibility Study Report(BFSR) + Business Plans(BP)

Business Feasibility Study Report

The Business Feasibility/ Viability Study is performed to support the decision-making process based on a cost-benefit analysis of the business. This report will help you in understanding the feasibility and probability of Planetarium Services Business. The feasibility report will brief you about how Planetarium Services Business could perform on a long-term or which problem it may face. When it comes to the operational aspect, the analysis illustrates whether the plan has the necessary resources for it to be successful or not. Additionally, it gives information about the trends, present-future market, and analyzes the expected growth of the EdTech industry sector.

Basically, Business Feasibility Study should be carried out during the discussion phase of the business development cycle earlier to the initiation of a formal business plan.

Report Highlighting Point:

  1. Business Feasibility: Study of Micro and Macro elements of the Business.
  2. Market feasibility: Includes Market Insights, Market Potential for the Product and/or Services, etc.
  3. Technical and Financial Feasibility: List of Plant Machineries/ Equipment, Laboratory Setup, Calculations on Operating Cost, ROI and BEP.
  4. HR and Infrastructural Feasibility: Location, Building, Utilities, Manpower Requirement, etc.

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Business Modelling

Business Modelling Report on Planetarium Services Business reveals all the best possible alternatives along with the profitability and the demand and supply matrix in the industry. This report will help you in understanding which model is suitable for your business and how Planetarium Services Business will work in an optimized manner. Provide a proper schedule of the project, prerequisite of the business which will be beneficial for the user and provide an idea about which model is more profitable than others. The business model will give answers for the following questions: 1. Who is the target customer for the Planetarium Services Business? 2. How Planetarium Services Business will create revenue? 3. Which business model is suitable to set up the Planetarium Services Business?

Report Highlighting Point:

  1. Business and Concept
  2. Market Research and Analysis
  3. Feasible Business Models
  4. Budget Calculation for Each Model

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Business Plan

Whether you are starting or expanding an existing Planetarium Services Business, this business plan is an essential document to guide you through the process. It is a roadmap to success, providing greater accuracy on all aspects of business, from designing, operating service to marketing and finance.

Many business experts acknowledge that having a great business idea is not enough. Even great business idea could be of no use if can’t get executed or implemented strategically. These are the reasons why a well-analyzed business plan is required to get off the ground.

Here are four reasons why Planetarium Services Business needs a business plan,

  1. To raise money for business
  2. To make major decisions
  3. To identify potential weaknesses
  4. To communicate ideas with stakeholders

Report Highlighting Point:

  1. Elevator Pitch
  2. Business Overview:  Market Dynamics, Market Size, Market Potential, Strategic Analysis using Porter’s Model, PESTLE Analysis, SWOT Analysis, BCG, ETOP Analysis, etc.
  3. Project Details: Company Description, Goal Setting, Legal Requirements, Production Process, Logistic and SCM, Sales and Marketing Plan, etc.
  4. Financial Analysis: Includes Capital Budgeting, P&L Statement, Balance Sheet, etc.
  5. Business Projections over 5 years
  6. Milestone and Timeline Planning.

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Detailed Project Report

This report is a document on Planetarium Services Business in which all the gathered information related to technical aspects, financial aspects, profitability, and economic aspects, etc. will be analyzed. It is also a document WRT investment proposal based on accurate information and data for estimating the purpose of the project.

This report is like a detailed roadmap for activities related to Planetarium Services Business. It represents the superintendence in which the Planetarium Services Business should operate and how it will achieve the goals.

The importance of this report is as follows;

  1. Serves as a Master Plan
  2. Describes Direction / Road Map
  3. Shows Feasibility
  4. Forecasts Requirements
  5. Indicates Profitability
  6. Helps in Decision Making

Report Highlighting Point:

  1. Project Details: Pre-requisites, Project Implementation Plan, Mech-Structural Plan, Sales and Marketing Plan, Manufacturing Process Flow Chart, Personnel Requirement.
  2. Financial Analysis (5 years): Capital Budgeting, Financial Ratios, etc.

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