Take Over of Transportation Business in Uttarakhand
Synopsis
This caselet presents the situation of transportation business operating in region after a disaster strucks. The transportation business was totally shattered in the region. And was in a do or die situation for Mr. Rawat, the business owner operating in the region to pursue his business of transportation.
But perceived as an opportunity for some, there arises the scenario of taking decisions to leave a routine job to become a first generation entrepreneur. The case presents the story of Mr Anirudh Dhyani who after completion of his study, resident from the same disaster hit region, left for doing the job in far place and is living alone without his family and friends from past six years.
After the occurrence of natural disaster, Mr.Anirudh Dhyani perceived this as an opportunity and was interested in taking over the Transportation business from Mr. Rawat
Prerequisite Conceptual Understanding/Before the Classroom Discussion
As a first generation entrepreneur one needs to understand the various issues related to Profit and Loss Account, Balance sheet, Ratio Analysis, Benefit Cost Analysis, Valuation process and Entrepreneurial traits required of disaster hit Transportation business to perform the calculation for ascertaining the Fare price to be charged per passenger in the current scenario.
Case positioning and setting
The problem in the present scenario is to acquire disaster hit transportation business and profit and loss considerations in terms of decisions to be made by Mr. Anirudh Dhyani as a first generation entrepreneur. The case finds its application in understanding financial statement analysis, Ratio Analysis, costing of tickets by bus transporter, Benefit cost analysis valuation of the business and entrepreneurial decision for overtaking a disaster hit transportation business. The case covers the academic area of Financial Management, Entrepreneurial decisions; Tourism based economy and understanding the problems and prospects faced by the transportation business owner. The case may be taught in Business Management classes at graduate or Post Graduate level...................