Professional Documents
Culture Documents
FUNDAMENTALS OF ENTREPRENEURSHIP
By:
Intan Nurbaizura Binti Zainuddin
Juraidah Binti Ibrahim
Khairiah Binti Ibrahim
Noredayu Binti Rosli
Nor Fauzan Binti Md Sarwin
Ranita Binti Hisham
2003499925
2003257606
2003255873
2003255841
2003257620
2003256816
Prepared for:
En. Yamin Bin Kamis
Yours sincerely,
______________________________
(INTAN NURBAIZURA ZAINUDDIN)
Managing Director,
Alaska Hot Scoop Enterprise.
FUNDAMENTALS OF ENTREPRENEURSHIP
(ETR 300)
2003499925
2003257606
2003255873
2003255841
2003257620
2003256816
27 MARCH 2006
ACKNOWLEDGEMENT
All our proud and praise to Creator Allah S.W.T and Prophet Muhammad S.A.W.
Alhamdullilah syukur, and very thankful to Allah S.W.T. because of his blessing
to us we finished in complete our project paper ETR 300 with successfully.
This business plan can be effectively used for those who like to create a new
business or to the new entrepreneur.
Of course we cannot deny the risks that we had faced and many obstacles and
problem in order to finish up this project. However, from tolerance and responsibility
from each members with high effort and plus, advises and encouragement from many
parties especially our lecturer En Yamin Bin Kamis, here now we present this project
with success and well completed.We also would like to thank En Mazlan Bin Mohamad
for all his help and guidance in giving us the information about fried ice cream.In
addition, we really appreciate the help from our family and friends from 6DE1, 6DE2 and
6DE3 in completing our job.
Finally, hopefully that this business plans proposal will be a valuable meaning as a
guide to those who want to know how the business is working in clearly, correctly and
effectively manner of establishment and process management.
Thank You
ITEM
Executive Summary
1.0 Introduction
1.1 Logo of the Company
2.0 Purpose
3.0 Background of the Business
4.0 Background of Partners
5.0 Location of the Project
5.1 Type of the Building and Infrastructure
5.2 Type of Infrastructure
5.3 Physical location of the business
6.0 Administration Plan
6.1 Introduction
6.2 Administration Objective
6.3 Organization Strategy
6.4 Organization Structure
6.5 Organization Chart
6.6 List of Administration Personnel
6.7 Schedule of Task & Responsibilities
6.8 Schedule of Remuneration
6.9 Employment Benefit
6.10 List of Office Equipment & Supplier
6.11 Administration Budget
7.0 Marketing Plan
7.1 Introduction
7.2 Product Description
7.3 Target market
7.4 Market Segmentation
7.5 Market Size
7.6 Alaska Hot Scoop Enterprise SWOT Analysis
7.7 Main Competitors
7.8 Market Share
7.9 Sale Forecast
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ITEM
8.0 Operation Plan
8.1 Introduction
8.2 Operation strategy
8.3 Operation Process
8.4 Process flowchart
8.5 Symbol
8.6 Capacity Planning
8.7 Operation Hour
8.8 Materials requirement
8.9 Suppliers
8.10 List of Machine & Equipment
8.11 Operation Cost
8.12 Operation Budget
8.13 List of Operation Personnel
8.14 Schedule of Task & Responsibilities
8.15 Schedule of Remuneration
8.16 Operation Space Layout
8.17 Example of Machine & Equipment
9.0 Financial Plan
9.1 Introduction
9.2 The Objective of Financial Plan
9.3 List of Operation Personal
9.4 Schedule of Task & Responsibilities
9.5 Capital Contribution
9.6 Financial Strategy
9.7 The Importance of Financial Plan
9.8 The Process Financial Plan
9.9 Items of Financial Plan
9.10 Project Implementation Cost Schedule
9.11 Fixed Asset depreciation Schedule
9.12 Proforma Cash Flow Statement
10.0 Conclusion
Appendices
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1.0
INTRODUCTION
Name of the company: Name of our company is Alaska Hot Scoop Enterprise.
Nature of business: Our business is based food manufacturing and distributing the
products.
Date of the business commencement: Our business will begin to operate on 1st
January 2006.
Factors in selecting the proposed business: We choose this business because its
make high profit and can expand future expectation. Besides that, it can attract
potential customer to buy it.
Future prospects of the business: This business has good future prospects. It is
because it has highly demand because we are producing new and unique products
and it differs from others products.
Description of
logo:
The Heart shape introduces the symbolic of the fried ice cream in Alaska hot
Scoop. It will attract people especially children to buy the ice cream.
The red color : To symbolize the high effort to run the Alaska Hot Scoop
Enterprise
The Pink color : The main strawberry taste of the fried ice cream in Alaska Hot
Scoop.
The symbol of face with a cap: To attract people especially children with exciting
feel to buy the fried ice cream.
The word of Alaska Hot Scoop: represent our business of the fried ice cream in
Alaska Hot Scoop Enterprise.
2.0 PURPOSE
A business plan is a document which describe a propose business or project to be
undertaken in a comprehensive manner. It also known as working paper, business
proposal, project paper, or prospectus. Alaska Hot Scoop Enterprise prepares this
business planning for several purposes:-
1.
Entrepreneurs
- It is prepared as a guidelines entrepreneur similar business.
- An opportunity to them to assess the business venture objectively, critically and
practically.
- To study and evaluate the feasibility of the business
2.
For Customers
- To serve a customer with efficiency and effectiveness in term of product and
services
- Try to fulfill the customer wants and needs based on quality of product and
services
3.
For Employees
- To give a clear picture of each personnel duties and obligation
4.
3.0
Name of business
Business address
Correspondence address
Telephone number
: 06-6788500
Form of business
: Partnership
Date of commencement
: MAY 2006
: 1 JANUARY 2006
: MJ0288793-W
Name of bank
: Bank Islam
: 0572700000008246
Equity contribution
: a) Intan Nurbaizura
RM 10,000
b) Ranita
RM 10,000
c) NorFauzan
RM 10,000
d) Juraidah
RM 10,000
e) Noredayu
RM 10,000
f) Khairiah
RM 10,000
: 850415-05-5136
Permanent address
Correspondence address
Telephone number
: 012-2246265
Date of birth
: 15 April 1985
Age
: 21 years
Marital status
: Single
Academic qualification
Course attended
Skills
Designing Skill.
Experiences
Present Occupation
: Student
: 851112-10-6308
Permanent address
Correspondence address
Telephone number
: 012-9055030
Date of birth
: 12 November 1985
Age
: 21 years
Marital status
: Single
Academic qualification
Course attended
Skills
Experiences
Present Occupation
: Student
: 840118-14-5450
Permanent address
Correspondence address
Telephone number
: 012-2523049
Date of birth
: 18 January 1985
Age
: 21 years
Marital status
: Single
Academic qualification
Course attended
Skills
Experiences
Present Occupation
: Student
: 851219-01-5422
Permanent address
Correspondence address
Telephone number
: 012-9801483
Date of birth
: 19 December 1985
Age
: 21 years
Marital status
: Single
Academic qualification
Course attended
Skills
: Computer Skill
Experience
Current job
: Student
: 851011-01-6522
Permanent address
Correspondence address
Telephone number
: 012-2657071
Date of birth
: 11 October 1985
Age
: 21 years
Marital status
: Single
Academic qualification
Course attended
: -
Skills
: Computer Skill
Experience
Current job
: Student
: Khairiah Bt Ibrahim
: 851009-06-5026
Permanent address
Correspondence address
Telephone number
: 013-9404507
Date of birth
: 9 October 1985
Age
: 21 years
Marital status
: Single
Academic qualification
Course attended
Skills
: Leading skill
Experience
Current job
: Student
Praying Area,
Parking Area,
Car Wash,
Public Phone,
ATM Machine
Public Toilet.
HYPERMARKET AREA
A1
Cadburry
Playland
A2
A3
A4
A5
F1
F2
F3 F4 F5 F6 F7 F8 F9 F10
A6
Bookmark
A7
A8
BATA
A9
A10
FOOD COURT
A15
A16
A17
A18
KFC
B1
B2
A19
Catura
Masa
B3
B4
Raya
Ayamas
B5
A20
A21
Kings
Confectionery
B6
B7
A22
Ammar
Edar
H20
Boutique
B8
A23
A24
A25
A26
A27
Nice Air
B9
B10
Central
A28
A29
A30
Guardian Pharmacy
B11
B12
B13
A31
A12
A32
SCP
Showroom
B14
B15
Minoshe
A33
A34
A35
Luong
Fashion
B17
B18
Speedy
Video
Photo
Finish
Sinma
Time Gallrie
B16
Coffas
Tech
B19
A13
Music Valley
Vitamilk
Orange
Shop
Kedai Ogawa
Kasut
Girl
Focus
Fiend
Point
A11
Choi
Long
PetShop
AQUARIUM
B20
B21
A14
Stop walker
Trading
S1 Murezki
Engraving
A37
Landscape
Area
A38
A39
A36
Pizza Hut
B22
S2 Berjaya
Newstand
B23
B24
B25
S4
P23
THE 2
Female
Toilet
P24
P25
P26
PS00
PC21
PC22
PC29
PC12
PC13
PC14
PC30
B30-1MBB
B30-12RHB
B30-BCBB
B30-1ABMB
S3
Male
Toilet
Vouge
Life
B26
ATM
Hit
City
B30
Toko
Maz
Ubat Boutique
Egypt
Mutiara
B31
B33
B 32
RM 100
Optical
B34
B36
B35
Wah Chan
Alam
Mega
B37
B38
B39
Pos
Malaysia
B40
B41
RHB Bank
B44
Male
Toilet
B42
B43
Female
Toilet
Fire
Control
Room
6.0
ADMINISTRATION PLAN
6.1 Introduction
In a business, administration planning is a vital aspect in each organization. Through
administration planning, all strategies and problems affecting the organization can easily
been recognized before can run the business.
With all systematic system, we can prepare the structure how to run the business
effectively to ensure the business that we want to do is successful and have a potential to
compete with the competitors in the business world.
1. To introduce the product to the public and maintain the potential customer.
2. Create and maintain a working environment that has positive values and the
personal growth of employees.
3. To ensure that business are run properly and smoothly
4. To get maximum profit without effecting quality of the goods.
5. To reduce overhead cost of the business as low as possible
Strategies are the most important way to measure the implementation and the
workflow business to run smoothly. Alaska Hot Scoop Enterprise has their own
strategies in measuring the achievement of goals and successfulness. The strategies
that we have planned are:
1. By using our intelligent and idea, we create new styles and taste of the fried
ice cream to satisfy the customer.
2. To prove satisfaction and quality services for the customers in producing a
quality product, by creating our own trademark.
3. Make sure our staffs are able to interact with the customer.
4. Try to have a business relation with other potential company that can support
our establishment.
5. Maximize efficiency in selection and scheduling of published advertisements
to cover both consumer and trade markets.
6. Accept customers comments and feedback.
7. Plan a systematic working and division schedule to increase the quality of
work in order to maintain the business image.
8. Ensure the relationship between partnerships are close, have full respect on
each other, and besides taking care of the welfare of the partnership and
workers.
9. Ensure fried ice cream can fulfill the taste of customers.
10. Control the operating cost with effective method such as balancing expenses
consistent with income.
11. Always ensure the stock is enough and monitor the stability of business
financing.
12. Always monitor the market price and expectation to the cloth manufacturing
business.
Our businesses are more focused on the division work among members. This is
important to approach the members with their tasks and responsibilities in order to
develop the business. This arrangement is known as departmentalization based on
functions. The reasons of choosing this kind of structures are;
GENERAL MANAGER
INTAN NURBAIZURA
ZAINUDDIN
ADMINISTRATION
MANAGER
RANITA BT HISHAM
OPERATION
MANAGER
KHAIRIAH BT
IBRAHIM
MARKETING
MANAGER
JURAIDAH BT IBRAHIM
SALES MANAGER
NORFAUZAN BT MD
SARWIN
FINANCIAL MANAGER
NOREDAYU BT ROSLI
NO.
POSITION
NO. OF PERSONNELS
GENERAL MANAGER
ADMINISTRATIVE MANAGER
MARKETING MANAGER
OPERATION MANAGER
SALES MANAGER
FINANCIAL MANAGER
TOTAL
POSITION
GENERAL
MANAGER
schedule.
Must be alert with the changes of the remuneration schedule
according to the latest provident funds.
Responsible to list all the salaries and wages for each position
of the staff and need to know their personal needs.
Have the full information about the entire list of equipments,
fixtures and fittings which are available in the business
operation place.
Always prepare a good budget for the administration which can
estimate the overall budget in the future.
They must know the productivity which they can produce and the
amount that are need to be added so they can fulfill the customer
and market demand.
Identify all the materials and the bill of materials that are required
so that they are always available
To identify and keep in touch with the suppliers that offers
different kind of price and services.
Always alert with the layout of the business operation design and
update it with current production.
As a Quality control who will do the inspection the quality of icecream and quality.
In charge with the sales operation when the when operating the
business.
To ensure the customers are satisfied with the product and services
given to them, receive feedbacks and complaints from customer.
Make sure the business place is clean and neat.
Responsible to collect profit daily and hand it over to the General
Manager.
Deals with all the financial transactions in the business.
Responsible in identifying the relevant sources of finance
Prepare the financial analysis for a period of time and give a full
FINANCIAL
MANAGER
NO.
POSITION
NO.
OF SALARY
WORKERS
(RM)
EPF
SOCSO
(12%)
(2%)
(RM)
(RM)
TOTAL
General Manager
500
60
10
570
Administrative
500
60
10
570
10
570
Manager
Marketing Manager
500
Operation Manager
500
Sales Manager
500
Financial Manager
500
TOTAL
3000
60
60
60
60
360
10
10
10
60
570
570
570
3420
NO
ITEM
QUANTITY
COST
TOTAL
(PER UNIT)
1
200
200
-Managers chair
150
150
- Big Dustbin
15
30
-Small Dustbin
Subtotal
2
384
4.50
22.5
- Air Conditioner
1400
2800
1900
1900
4722.50
TOTAL
5106.50
ITEM
ASSET
MONTHLY EXP.
OTHER EXP.
EXP. (RM)
(RM)
(RM)
384
4722.50
Office/Shop Renovation
3000
Working Capital
Salary
3000
EPF
360
SOCSO
60
Rental
2500
200
Other Requirements
Deposit
- Telephone
50
- Rental
7500
250
Other Expenses
Printing &Stationary
TOTAL
425
8106.50
6120
TOTAL: RM 22451.50
8225
As a start-up company, marketing plan is very important part that we should focus
to make sure we dont have face a lot of problems in our business. Yet, it is important to
make sure we can achieve the number of target market and also the number of sale
forecast.
To increase the quality and comfort ability for the customers, we must study the
strength and weakness of the competitors that have been exist around us and other
facilities that has provided must be taken seriously.
Marketing Objectives:
Alaska Hot Scoop Enterprise offered fried ice cream. There are many flavors fried
ice cream that offered by us such as vanilla, strawberry, chocolate, neopolitan and
raspberry. Neopolitan is combination flavor of vanilla, strawberry and chocolate. Our
products are made from bread and ice cream. Here, we prefer to high quality ingredients.
The preference for higher-quality ingredients is increasing as customers are being
subjected to better Alaska Hot Scoop food. Then, the shape of the fried ice cream is
produce in different shape and uniquely design in a heart shape. Here, we manufactured
this product by ourselves. Our products can last for 6 month.
Moreover, our product is a HALAL product where we are using Gardenias bread
and Nestles ice cream. Both products are using HALAL ingredient in producing their
products. Quality of our product is high. It is because as everyone knows Gardenias
bread is enriched with vitamin and full of calcium.
In addition, more innovative items are being demanded as people recognize that
food does not have to be boring just because it is Alaska Hot Scoop. Customers need and
want always changed. Nowadays, customers tend to buy a new and unique product in
market. They interested to try such product. So, fried ice cream is one of the unique
products that can satisfy customer needs and want.
Target market is one of the most important aspects in business. This is because in
business we can focus on a certain group of customers that have a potential to buy our
goods. After much decision and a via market survey, we have identified target market to
our products which are:
15 %
25 %
Hotel - (3 unit)
30 %
30%
area)
Primary school
Secondary
School
Hotels
Alaska Hot
Scoop
1. Geographic
2. Demographic
Families.
3. Psychographic
Very sensitive to the price of products where more people prefer to low
prices.
There are four major market segments within the target area which are the
primary and secondary schools, hotels and our own shop, Alaska Hot Scoop which is in
the area of Seremban.
There are the information about the market is used in determining the market size:
2. Secondary school
A survey that we made showed that the students at secondary school will made
purchase are 6240 unit of students of RM 9360 (6240 unit x RM 1.50-the
competitors price per unit) a month, but maybe there are several students will
purchase twice in amount 3120 unit of RM 4680 (3120 unit x RM 1.50-the
competitors price per unit) in a month. So the total price is RM 14040 per month.
The number of sale will decrease on March, June and August because in these
month there will be at least one week school holiday. In December we are not
supply our product because in this month there will be a long school holiday till at
the first of January.
3. Hotels
According to demand from the hotel, we supply 11700 (7800 + 3900) each
month. This is because the demand will increase during school holiday, in the
weekend and any special event such as seminars, weeding and special conference
that are held there. A survey that we made showed that the visitors or customers
at Hotels will made purchase are 7800 unit of customers of RM 11700 (7800 unit
x RM 1.50-the competitors price per unit) a month, but maybe there are several
customers will purchase twice in amount 3900 unit of RM 5850 (3900 unit x RM
1.50-the competitors price per unit) in a month. So the total price is RM 17550
per month.
1. A survey that we made showed that the visitors or customers at our area (Giant
Hypermarket) will made purchase are 7800 unit of customers of RM 11700 (7800
unit x RM 1.50-the competitors price per unit) a month, but maybe there are
several customers will purchase twice in amount 3900 unit of RM 5850 (3900
unit x RM 1.50-the competitors price per unit) a month. So the total price is RM
17550 per month. Alaska Hot Scoop target that they can sell 7800 units per
month. Normally, the customers that come to our shop will spend about RM 5.00
per day.
1) Primary School
Potential pupils that will purchase
Total
RM 12285.00
(per month)
2) Secondary School
Potential Students that will purchase
Total
RM 14040.00
(per month)
3) Hotels
Potential customers that will purchase
Total
RM 17550.00
(per month)
Total
Total unit per month (RM 61425.00 / RM 1.50) = 40950 unit per month
Total unit per day (40950 / 26 days) = 1575 unit per day
The business than proceed to estimate the potential sales for the year as:
Total unit per year (RM 737100.00 / RM 1.50) = 491400 unit per year
Before estimating the final market size, our business also took consideration factors that
may affect sales such as the school holidays, the fasting month of Ramadhan, Merdeka
day and others public holidays. Using this information, Alaska Hot Scoop estimated
market size increased from RM 737,100.00 per year (RM 61425.00 per month x 12
month (1 year) to RM 750,000.00 per year.
Strength
1.
Our company provides a product which has good and high quality of nutrition.
2.
3.
We also supplying our product to many retailers that can increase our profit.
Weaknesses
1.
Our business is a newly develop company, so customers does not know about
our products
2.
Opportunities.
1.
We can our expand our business by sending to more retailers and outside of the
market area.
2.
Threats.
1.
Entry of competitors that will sell the same product which offer in a
lower price.
2.
People will get bored by eating the same fried ice cream if we do not up
grade our performance.
Company
Strength
1. Their company is already
Weaknesses
1. The staffs are not
establish
2. Have regular customer
MBM WARISAN
TRADING
friendly
2. The products price is
expensive
3. Uncomfortable
These are the other business that can be included as our competitors before our fried ice
cream shop came into business:
No
Competitors Name
Sales Forecast
(%)
(RM)
50 %
375,000
BASKIN ROBBINS
50 %
375,000
100%
RM 750,000
TOTAL
AFTER
Our business has been estimated by the partnership that the business will take a
market share a plenty of 40%.
No
Competitors Name
MBM WARISAN
Sales Forecast
(%)
Sales per
year
(RM)
35 %
262500
TRADING
2
BASKIN ROBBINS
35 %
262500
ALASKA HOT
30 %
225000
SCOOP ENTERPRISE
TOTAL
30%
RM 750,000
35%
MBM Warisan Trading
Baskin Robbin
Alaska Hot Scoop
35%
Month
Sales (RM)
18240
18750
19250
19000
18050
18000
19010
19500
17500
10
17800
11
19900
12
20000
225000
236250
252787
Marketing Strategies
1) Product or service strategies
Alaska Hot Scoop is the unique name that is easy to pronounce, nice to hear,
recognize and easy to remember. We are believed that this name can attract customer
attention to know more about us and in the same time they will desire to try our product.
Our products name is Fried Ice Cream. It is very simple name where everyone knows
and understands the meaning of that. We choose such name to avoid confusion among
people. Besides that, our symbol also directly show what were produced.
In our product, we have included healthy ingredients such as Vitamin A, Vitamin B1,
Vitamin B2 & B3, Vitamin B12, Vitamin D3 , Vitamin E, Ferum, Calcium, Folat,
Protein, Iodine and Zinc
We always give the best services to customers and buyers. We also provide
friendly environment.
For packaging, we have included 5 units for 1pack. We separate the product
according to the type of flavors It is different from our competitors products because we
use quality material. The protections that have been used are able to protect the product
during the process of transportation, storage and sales.
The shape of the fried ice cream is very attractive and the plastic of packaging is
transparent so customer can see through the products.
Label on our products include the name of the products, address, ingredients,
flavor and logo. The name of label is clear to read and very attractive.
2) Price strategies
In pricing strategy, we are using have chosen competitors based pricing. Here, the
price of MBM Warisan Tradings product is RM 1.50 per unit.
`
So, we have decided to sell our product at RM 1.20 Pricing scheme is based on per unit
for fried ice cream. The purposes we set low prices to our products are to ensure all of the
potential customers are able to buy our product and also to make sure all of them are
satisfy with the prices.
3) Promotion strategies
Signboard
.
Label
Business card
Business card will be given to retailers and customers. It is enable retailer and
customer to deal with us. This card is completed with our companys name, logo,
address, contact numbers, and email address. Managers who want to disseminate to the
suppliers, customers and friends can use it for personal promotions.
Poster
This poster contains some information about our company such as location,
product and picture. Our aim is to attract potential customer to come to our shop.
Manufacture
Customer
Manufacture
Retailer
Customer
For distribution strategy, we are using two types of distribution channel which is
direct marketing channel and selling through retailer. For direct marketing channel, it is
no intermediary to sell our product. We, ourselves directly will deal with the customers
so that we can know them better.
Besides that, we also sell our product via retailer where will supply our product to
them to sell it. Here, we supply our products to 3 hotels at Bandar Seremban, Golf Club,
and stall at Recreation Park,
Position
No. of Personnel
Marketing manager
Position
Marketing manager
Type
Signboard
Fixed Asset
Monthly
Other Expenses
Cost
Expenses
(RM)
(RM)
(RM)
1500
Petrol
200
Rental
-Vehicle(Van)
1000
200
Other Expenses
-Grand Opening (Doa Selamat)
1000
-Promotion
1100
TOTAL
1500
1200
TOTAL: RM 5000
2300
ALASKA HOT SCOOP ENTERPRISE is a business where produce the fried icecream. The operation plan is the one of the most important part in the business. Operation
strategy will make our business actively run with effective and efficient to achieve our
company goals and produce the good fried ice-cream and fulfill satisfaction on
customers need. Systematic management is operation plan is important to make sure
the business is stable. The operation of business has to plan, prepare and control all the
transaction of the business. In additional, operation also helps to achieve our objectives
and it can be divided into two categories; short-term and long-term strategies.
OPERATION OBJECTIVES
Ensure the enough materials and use any opportunities to fulfill the customers
need.
SHORT-TERM STRATEGIES
LONG-TERM STRATEGIES
9. Keep in freezer
After packaging, all ice-cream will be kept in the freezer to avoid the ice-cream from
melted. Manager should aware with amount of stock that enough to produce.
Keep in freezer
8.5 Symbol
SYMBOL
EXPLANATION
DESCRIPTION
Activities that modified, transform, or give
Operation
value to input
process
materials,
finished
products
or
services.
The symbol is use when in process materials is
Delay
Storage
Per day
Quantity fried ice cream per month = Amount fried ice cream produced per day
Working days
Per hour
Quantity fried ice cream per day = Amount ice cream produced per hour
Working hours
DAY
TIME
Monday-Thursday
9 am-12 pm
Friday
Holiday
Saturday-Sunday
9 am-12 pm
Bread
10 slices (300g)
Ice-cream
100 ml
Bread
2 slices (60g)
Ice-cream
20 ml
Item
Bread
Quantities
18240
= 1013 loafs
Price (RM)
2108
18 slices
18240
Ice-cream
= 521 scoops
35 scoops
-vanilla
104 boxes
582.4
-chocolate
104 boxes
582.4
-Neapolitan
104 boxes
582.4
-raspberry
104 boxes
582.4
-strawberry
104 boxes
582.4
Tool packaging
100
Big plastic
37 packages
Small plastic
182 packages
TOTAL
111
455
5586
Quantities
Price (RM)
Bread
12156 loafs
25,284.48
-vanilla
1248boxes
6,988.80
-chocolate
1248boxes
6,988.80
-Neapolitan
1248 boxes
6,988.80
-raspberry
1248 boxes
6,988.80
-strawberry
1248 boxes
6,988.80
Big plastic
444 packages
1332
Small plastic
2184 packages
5460
Ice-cream
Tool packaging
TOTAL
67020.48
NO
AMOUNT
AMOUNT
Per month
Per Year
(RM)
(RM)
5586
67020.48
TOTAL
5586
67020.48
ITEM
8.9 Suppliers
1. Bread- Gardenia Bakeries KL Sdn.Bhd
2. Ice cream- Nestle (M) Sdn. Bhd
NO
ITEM
PRICE PER
QUANTITY
UNIT(RM)
1
PRICE(RM)
Machines
-Shape Pressure Machine
9000
9000
-Freezer
1200
3600
-Sealer
170
170
250
250
Subtotal
2
TOTAL
13020
Equipment
-Dustbin (big)
12
24
-Customer Table
40
200
-Customer Chair
20
15
300
-Processing Table
70
210
-Bowl
10
20
15
45
Subtotal
TOTAL
799
13,819
Bread
2108.00
Ice cream
2912.00
Plastic
566.00
SUBTOTAL
RM 5586
3000
420
SUBTOTAL
RM 3420
Overhead cost
Rent
2500
Other expenses
1289.20
Fire Insurance
600
SUBTOTAL
RM 4389.20
RM13395
TOTAL
RM 13395
= 0.73
18240
Cost per unit =
RM 0.73
TYPE
FIXED ASSET
MONTHLY
OTHER
COST(RM)
EXPENSES(RM)
EXPENSES(RM)
Fixed Assets
Machinery and equipment
13 819
Purchases of material
5586
Label
171
Working Capital
Other Requirements
Fire Insurance
600
-Towel
16
-Tissues
83.20
-Glove
15
-Apron
21
24
-Paper Bag
500
-Rattan Basket
30
-Frying Oil
600
13 819
5757
1289.20
Other Expenses
TOTAL
TOTAL: RM 21465.20
Position
No of personnel
Ice-cream maker
Quality Control
Packager
Chef
Cashier
Position
Tasks
Ice-cream maker
Quality control
Packager
Chef
Cashier
No
Position
No of
Salary
EPF 11%
SOCSO
TOTAL
workers
(RM)
(RM)
2% (RM)
(RM)
Ice-cream maker
Quality Control
Packager
Chef
Cashier
TOTAL
Notes: Our Company does not hire workers because we work ourselves in the operation
process. In additional, we want saving cost for our company.
__________________ 7 ft
_____________
s
Freezer
Sink
Bread
Operation
Inspection
Packaging
Freezer
Operation Area
10 ft
Freezer
Freezer
Fried Area
Cashier
Office
Shop
ETR 300
SHAPER MACHINE
COMPUTER
AIR PRESSURE
FRYING COOKER
69
ETR 300
SEALER
FREEZER
FREEZER
70
ETR 300
71
ETR 300
9.0
FINANCIAL PLAN
9.1 Introduction
Financial Plan incorporates all financial data derived from the operation budgets
in example the marketing, production or operation and administrative budgets. The
financial information from the operating budgets is then translated or transformed into a
financial budget.
Financial Plan is one of the most important aspect to determine whether success
or failure of our business. Systematically, and rationally in making the financial planning
that can help make the business move slightly.
To know how much money flow in the business and the company
development.
Make proper planning of share owner and try to compete for conquer the
future market.
To minimum the cost in the business operation and find the reality cost
that involve in the business.
72
ETR 300
Position
No of personnel
Financial Manager
Position
Tasks
Financial Manager
Item
RM
Cash
60 000
73
ETR 300
74
ETR 300
Supporting Schedule
Financial Analysis
75
ETR 300
RM
RM
RM
A.Capital expenditure
-Machinary and Equipments
17743
1183
-Signboard
1500
-Renovation Cost
3000
23426
SubTotal
1200
-Production/Operation
5757
-Administrative
6120
13077
SubTotal
C.Other expenditure
Pre Operating
-Business registration & License
Business Registration
250
Signboard license
200
-Insurance(Fire Insurance)
600
Deposits
-Utilities(Telephone)
-Rental
50
7550
Subtotal
12414
Grand-Total
48917
11083
60000
76
ETR 300
Annual Depreciation
Accumulated
Book Value
(RM)
Depreciation
(RM)
(RM)
0
17743
3548.60
3548.60
14194.40
3548.60
7097.20
10645.80
3548.60
10645.80
7097.20
3548.60
14194.40
3548.60
3548.60
17743
Annual Depreciation
Accumulated
Book Value
(RM)
Depreciation
(RM)
(RM)
0
1183
236.60
236.60
946.40
236.60
473.20
709.80
236.60
709.80
473.20
236.60
946.40
236.60
236.60
1183
77
ETR 300
RM
RM
A.Equity contribution
Own capital/Owners Equity
Cash
60,000
SubTotal
60000
B.External Sources
Loans
Hire Purchase
SubTotal
C.Others
60000
78
ETR 300
Pre op.
10
11
12
60000
60000
Year 1
18240
18240
18750
18750
19250
19250
19000
19000
18050
18050
18000
18000
19010
19010
19500
19500
17500
17500
17800
17800
19900
19900
20000
20000
60000
225000
285000
3000
420
200
3000
420
200
3000
420
200
3000
420
200
3000
420
200
3000
420
200
3000
420
200
3000
420
200
3000
420
200
3000
420
200
3000
420
200
3000
420
200
36000
5040
2400
2500
425
2500
425
2500
425
2500
425
2500
425
2500
425
2500
425
2500
425
2500
425
2500
425
2500
425
2500
425
30000
5100
1000
200
2100
1000
200
2100
1000
200
2100
1000
200
2100
1000
200
2100
1000
200
2100
1000
200
2100
1000
200
2100
1000
200
2100
1000
200
2100
1000
200
2100
1000
200
2100
12000
2400
25200
5757
5757
5757
5757
5757
5757
5757
5757
5757
5757
5757
5757
69084
1289.2
1289.2
1289.2
1289.2
1289.2
1289.2
1289.2
1289.2
1289.2
1289.2
1289.2
1289.2
15470
17743
17743
1183
1183
1500
3000
1500
3000
79
ETR 300
5 Preoperational
Expenditure
Business
Registration
Signboard
license
Fire insurance
250
250
200
200
600
600
6 Deposit
7550
7550
C Total Cash
Outflow
D Surplus/
Deficit
E Beginning
Balance
Ending
Balance
32026
16891.2
16891.2
16891.2
16891.2
16891.2
16891.2
16891.2
16891.2
16891.2
16891.2
16891.2
16891.2
234720
27974
1348.8
1858.8
2358.8
2108.8
1158.8
1108.8
2118.8
2608.8
608.8
908.8
3008.8
3108.8
50280
27974
29322.8
31181.6
33540.4
35649.2
36808
37916.8
40035.6
42644.4
43253.2
44162
47170.8
27974
29322.8
31181.6
33540.4
35649.2
36808
37916.8
40035.6
42644.4
43253.2
44162
47170.8
50279.6
50280
80
ETR 300
RM
RM
add
less
Opening Stock
69084
69084
5757
63327
41040
104367
15470
Depreciation
3785
Subtotal
19255
123622
81
ETR 300
Sales
RM
225000
Less
add
Manufacturing Cost
123622
123622
less
123622
Gross Profit
101378
82
ETR 300
RM
RM
Gross Profit
Less Expense:
Administration Expenses
Rental
30000
2400
Others Expenses
5100
37500
Marketing Expenses
Petrol
2400
Van rental
12000
Other expenses
25200
39600
Miscellaneous Expenses /
Preoperational Expenditure
Business Registration & License
250
Signboard License
200
Fire Insurance
600
Total Expenses
Corporate tax
1050
78150
23228
23228
83
ETR 300
RM
RM
Fixed Asset
Machine and Equipment
17743
less Depreciation
3548.60
1183
less Depreciation
236.60
14194.40
946.40
15140.80
Renovation Cost
3000
Signboard
1500
19641
Current Asset
Cash
50279.60
5757
56037
Other Assets
Deposits
7550
TOTAL ASSETS
83228
Equity
Accumulated Profit
23228
Capital
60000
CURRENT LIABILITIES
83228
84
ETR 300
85
ETR 300
10.0 CONCLUSION
Alaska Hot Scoop Enterprise is the manufacturer of fried ice-cream in Senawang,
Negeri Sembilan. Fried ice cream industry is a fast growth in our environment which has
high demands towards this industry especially during day time.
We decided to choose this kind of business because this industry has potential to
grow and available with customers interests. One of the reason that influence us to
choose this business is because this type of business is growing faster and keep growing
widely in Malaysia. We are confident to run this business and it can be maintained
forever because people almost like to eat this kind of food not only the children but also
their parents. We choose this business because its make high profit and can expand
future expectation. Besides that, it can attract potential customer to buy it. Future
prospects of the business, this business have good future prospects. It is because it has
highly demand because we are producing new and unique products and it differs from
others products.
We prepare this business plan as to study and evaluate the feasibility of the
business, to fulfill the customer wants and needs based on quality of product and
services.
To be able to successfully start our company will be a dream come true and just
one more step in attaining the stars that some people say could never be reached. We also
want to be known outside the market area and have our own outlet and branch.
86
ETR 300
87
ETR 300
Agreement of Partnership
According to the agreement between the members, these matters are allowed
PARTNERSHIP between six members.
________________________________________________________________
3. Partnership property
3.1 In regards to the partnership property shall follow Section 22 and
Section 23 in Partnership Act 1961.
88
ETR 300
16.6 % -
RM 10,000
16.6 % -
RM 10,000
16.6 % -
RM 10,000
16.6 % -
RM 10,000
16.6 % -
RM 10,000
6. Khairiah Bt Ibrahim
16.6 % -
RM 10,000
100%
RM 60,000
TOTAL
89
ETR 300
The salaries of the partners are based on their position and task in operation
process.
RM 570
RM 570
RM 570
RM 570
RM 570
6. Khairiah BT Ibrahim
RM 570
90
ETR 300
8. Any matter that had not been mention in this agreement shall be referred to the
Partnership Act.
9. Partners shall agree with their poison in the business and shall full responsible
with their task.
10. Resignation of any members should be in written form in one month notice before
resignation date in order to claim the profit up to date of resignation.
11. The rules of partnership agreement can be amendment from the time to time by
consent of all partners.
13. General Manager cannot dismiss any of the subordinate without the consent from
the others member.
14. All partners shall agree that Bank Islam Berhad is chosen as the companys
account bank.
91
ETR 300
In declaration, all the partners agree with all the terms and condition listed in the
agreement that was authorized by all partners.
.
(Intan Nurbaizura Binti Zainuddin)
General Manager
.
(Juraidah Binti Ibrahim)
Marketing Manager
.
(NorFauzan Binti Mad Sarwin)
Sales Manager
..
(Khairiah Bt Ibrahim)
Operation Manager
92