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UNIVERSITI TEKNOLOGI MARA PERLIS

SEMINAR ON PROCESSING AND MARKETING OF

MARINE PRODUCT

Titled:

SMOKED AQUA ENTERPRISE

PROPOSED BY : R B Kennedy Enis


Amin Hairy Mohd. Hassan

EVALUATOR : Miss Rosnani Nazri

DATE : 9 October 2010

CHAPTER 1
INTRODUCTION

1.1 Name of company

The name of our company is Smoked Aqua Enterprise.

1.2 Form of company

Smoked Aqua Enterprise is form of partnership and it is a private limited company.

1.3 Location of company

The location of the business is at Kuala Perlis Industrial Estate. The selection of our business

location is based on several factors:

a. High raw material supply.

b. Industrial area for fish food product.

c. Excellent distribution chain.

1.1 Market outlook


Our business is focus on the in-the-style of traditional food industry called smoked fish. The

smoked fish industry has been commercialized in the Malaysian market such as smoked

catfish and smoked tilapia. However, the numbers of entrepreneurs was low and this industry

was not performing well as expected because there was insufficient strategy in their

marketing. Overall, there are not so many competitors in this industry, most of the smoked

fish’s entrepreneurs selling their product through stalls at the market or sell it at their house.

The methodology is not effective as not many people will realize their existence, only those

who knew the makers will know about the smoked fish. In short, the smoked fish industry is

just a small industry that needs more exposure so that the smoked fish lovers can easily get

the product.

1.2 Our product

Smoked Aqua Enterprise only product is smoked seabass where it is a great meal or appetizer

in Malaysia. Our smoked seabass is added with special ingredients such as brown sugar,

lemon juice, garlic powder, onion powder, allspice and white pepper for better taste and

smell.

CHAPTER 2
BUSINESS PLAN

2.1 Introduction

Our business is focus on the in-the-style of traditional food industry called smoked fish. The

smoked fish industry has been commercialized in the Malaysian market such as smoked

catfish and smoked tilapia. However, the numbers of entrepreneurs was low and this industry

was not performing well as expected because there was an insufficient strategy in marketing.

Overall, there are not so many competitors in this industry, most of the smoked fish’s

entrepreneurs selling their product through stalls at the market or sell it at their house. The

methodology is not effective as not many people will realize their existence, only those who

knew the makers will know about the smoked fish. In short, the smoked fish industry is just a

small industry that needs more exposure so that the smoked fish lovers can easily get the

product.

2.2 Main business

Our main business activity is producing smoked seabass.

2.3 Factors influencing choice of business

i. To promote the smoked seabass on a large scale


ii. To attract the youth generations customers by adding many interesting

flavours.

iii. To obtain incredible profit through a very reasonable cost of production

iv. Low level of competition

v. Easy to penetrate the food industry market

vi. To change people’s perception on what smoked fish is.

2.4 Business potential

Our business has a lot of potential where it is a new product. The products are not fully

available in the market and competitions are low. Therefore, we will out-stand others easily

in this industry. Customers will know our existence and come to get the smoked seabass from

us as we commercialized the products. We need to invest heavily on our marketing plan to

create brand awareness.

2.5 Company structure

2.6 Operation management

Operating is the most important element whenever one wants to start up business. It is one of

the most important parts in business plan. Without a good operation plan, Smoked Aqua

Enterprise will encounter problems such as inequality production, inconsistent production,

failure in delivering our product, and so on. To avoid this situation, management of the

Smoked Aqua Enterprise should be done perfectly. Management plays a key role in

successfully smoked seabass’s process and the most crucial part of the whole production

process.
Smoked Aqua Enterprise is producing smoked seabass to the whole consumer in Malaysia

and perhaps to neighbouring country such as Indonesia, Thailand and Singapore. As an

industry, it will be essential through experience, research and knowledge, we learn how to

produce smoked seabass in commercial way instead of the traditional ones. Commercial way

here means we produce smoked seabass massively and using modern technology.

CHAPTER 3

OPERATIONAL PLAN

3.1 Operation goals

The operation goals of Smoked Aqua Enterprise are as follow:

a. Produce high product’s quality.


b. Produce sufficient production.

c. Comply with HACCP and GMP standards.

d. Minimize use of resources.

e. Provide the highest level of safety, health, security and environment.

3.2 Factory layout

R A W M A T E R IA L P R E P A R A T IO N R O O M

S M O K E O V SE MN O K E O V

W O R K IN G W O R K IN G
T A B L E T A B L E
P R O C E S S IN G R O O M

O F F IC E

F R E E Z E R R O O

P O R T A B L E
W O R K IN G T A B L E

Figure 3.1 Factory layout

3.3 Processing flow

Use only fresh fish or fish that frozen


immediately after catching and thawed.
Average weight of fish is range 0.8to
1.0 kg.
G U T T E D , C L
A N D B E H E A

F R E S H S E A B A S S

Brining at 800: 1 litre of water, 120 g of salt, 60 g of brown


sugar, 20 g of lemon juice, 4 g of garlic powder, 4 g of onion
powder, 4 g of allspice and 2 g of white paper. Time of
brining is approximately 3 hours.

C L E A N I N G

B R I N I N G

Source of smoke is by using hard wood and


ensure smoke and heat are consistent at
980C.

D R Y I N G S M O K I N G

Seabass will be lightly rinsed in fresh water after removed


it from the brine for drying. Then, the seabass will be
hanged in smoke oven prior to smoking.

F R E E Z I N G P A C K A G I N

Figure 3.2 Processing flow

3.4 Packaging

Our packaging is design to attract the customer’s attention and encouraging sales by using

thermoset plastic. The packaging are semi-transparent, chemically stable (proven to be safe),
good gas barrier and have a high tensile strength. The packaging also will be labelled that

provides information about the manufacture, the contents of the products, the nutritional facts

and halal logo (will be applied before operation).

3.5 Finish product

3.6 Pricing

Smoke Aqua Enterprise aims to create a new product that is not only affordable but also

marketable. We use cost based pricing because it is the simplest and most commonly used

pricing strategy. Cost based pricing is used on the total cast of the product plus a standard

mark- up.

Table 3.1 Estimated total cost per unit (kg)


Material Price (RM/kg)
Fresh seabass 11.00
+ operation cost (30%) 3.30
+ additional cost (5%) 0.55
Total 14.85

Proposed price = Total cost per unit • Mark-up (50%)


= RM 14.85 • RM 7.43
= RM 22.28
≈ RM 22.50 / kg

CHAPTER 4

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