Cuha Hijab Lot 2139, Block 10, Muara Tebas Land District Jalan Datuk Mohammad Musa 93350 Kuching, Sarawak, Malaysia
Yong Hen Jun
Kenneth Owen Aida Nasuha
1st May 2023
Executive Summary/Abstract Cuha Hijab is a start-up company that specializes in selling high-quality Tudung in Kuching. Our objective is to provide our customers with a variety of Tudung designs at affordable prices. With Kuching's large Muslim population and increasing demand for stylish Tudung, we see a significant market potential for our products. We plan to use social media marketing and collaborations with local influencers to reach our target customers. Our projected project cost is RM 100,000, and we expect to generate RM 300,000 in revenue in the first year, with a 20% net profit margin. Our objective is to become the go-to source for stylish and affordable Tudung in Kuching, providing our customers with a wide selection of designs and materials. We offer a variety of Tudung designs, including plain, printed, and embroidered Tudung, made from high-quality materials such as silk, cotton, and chiffon. We also offer customization services, where customers can request specific designs or materials. Kuching has a large Muslim population, and the demand for stylish Tudung is increasing. According to our market research, the market potential for Tudung in Kuching is significant, and there is a lack of affordable options for customers. We will use a lean start-up approach to manage our business, focusing on customer feedback and continuous improvement. Our team consists of experienced individuals in marketing, sales, and operations, who will work together to ensure the success of the company. Our projected project cost is RM 100,000, which includes the cost of inventory, marketing expenses, rental of a retail space, and salaries for our team members. We expect to generate RM 300,000 in revenue in the first year, with a net profit margin of 20%. Our long-term goal is to expand our business and become the leading Tudung supplier in Kuching. Cuha Hijab The Tudung industry is a growing market in Malaysia, especially in areas with a large Muslim population. With the increasing demand for stylish and affordable Tudung, we see a significant market potential for our products in Kuching. Our goal is to provide our customers with a variety of designs and materials to suit their preferences. Our business will be located in Kuching, the capital city of Sarawak. We plan to rent a retail space in a mall or commercial area in the city center. This location is easily accessible and visible to our target customers. We plan to commence our business in June 2023. We will begin by selling our products online through social media platforms and our website. We will then open our retail store once we have established a strong customer base. The decision to start Cuha Hijab was influenced by several factors. Firstly, there is a lack of affordable options for Tudung in Kuching, and we saw an opportunity to fill this gap in the market. Additionally, our team has a passion for fashion and entrepreneurship, and we wanted to combine these interests to create a successful business. We plan to expand our business by offering more products such as clothing and accessories in the future. We also plan to collaborate with local designers to create unique and exclusive designs for our customers. Our long-term goal is to become the leading Tudung supplier in Sarawak and expand our business to other states in Malaysia.