ENT300

FUNDAMENTALS OF ENTREPRENEURSHIP

BUSINESS PLAN REPORT

TEAM DUNIA

PREPARED BY:
NO NAME ID NO GROUP
1 MUHAMMAD AMIRUL AFIQ BIN 2019435712 PEE1114A1
ROSLE

2 MIR AHMAD FIKRY BIN MOHD 2019286944 PEE1114A1

FAUDZI

3 MUHAMMAD FAIQAL BIN 2019291726 PEE1114A1

MUHAMMAD FAUZI
4 MUHAMMAD HAKIM BIN ABDUL AZIZ 2019267304 PEE1114A1

PREPARED FOR:
MADAM SHAIRA BINTI ISMAIL
SEMESTER MARCH 2021 – JULY 2021
SUBMISSION DATE 18 JULY 2021

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TABLE OF CONTENT
NO CONTENT PAGE
1 BUSINESS DESCRIPTION 3
2 2.0 ADMINISTRATION PLAN 4
2.1 VISION AND MISSION 4
2.1 OBJECTIVES 5
2.2 ORGANIZATION CHART 6
2.3 ADMINISTRATION PERSONNEL 7
2.3.1 List of administration personnel 7
2.3.2 Schedule of remuneration 7
2.4 LIST OF OFFICE EQUIPMENT 8
2.5 LIST OF OFFICE FURNITURE AND FITTINGS 8
2.6 ADMINISTRATIVE BUDGET 9
3 3.0 MARKETING PLAN 10
3.1 PRODUCT DESCRIPTION 10
3.2 TARGET MARKET 10
3.3 MARKET TREND 10
3,4 MARKET ANALYSIS 11-12
4 4.0 OPERATIONS PLAN 13
4.1 OPERATIONS OBJECTIVE 13
4.2 OPERATIONS PLAN 14-15
4.3 OPERATIONS LAYOUT 16
4.4 CAPACITY PLANNING 17
4.5 MATERIAL PLANNING 18
4.6 MACHINE AND EQUIPMENT PLANNING 19
4.7 MANPOWER PLANNING 20-21
4.8 OVERHEADS EQUIPMENT 22
4.9 LOCATION 23
4.10 BUSINESS AND OPERATIONS HOURS 23
4.11 LICENSE, PERMIT, AND REGULATION REQUIRED 24
4.12 OPERATION BUDGET 25
4.13 IMPLEMENTATION SCHEDULE 26
5 5.0 FINANCIAL PLAN 27
5.1 FINANCIAL OBJECTIVES 27
5.2 PROJECT IMPLEMENTATION COST AND SOURCE OF FINANCES 28-29
5.3 NON CURRENT ASSETS DEPRECIATION SCHEDULE 30
5.4 PRO FORMA CASH FLOW STATEMENT 31-32
5.5 PRO FORMA INCOME STATEMENT 33-34
5.6 PRO FORMA BALANCE SHEET 35
5.7 FINANCIAL ANALYSIS 36
6 6.0 BUSINESS MODEL CANVAS 37
7 7.0 CONCLUSION 38
8 8.0 APPENDICES 39-51

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1.0 BUSINESS DESCRIPTION

Team Dunia is a business selling high-product tortilla chips that will be sold to the
public through online services. We sell our products by selling them through our online
pages on social media. By doing our business online, can sell our product to more than one
state. For example, we sell our product in Selangor, Kedah, and Kelantan.

Team Dunia is officially open this year. We get our product from buying it from a
business that is named Kudapan HQ. We choose this company because we saw a good
opportunity to work together to sell this product because of its uniqueness and quality of
their product. We became an agent for their company to sell their product using social media.
We sold our product online by sharing it's through social media and take orders online. We
sold it by delivering it through posting or cash on delivery if the location of the customer is
near our HQ. The specialty of our product is that we include a high-quality cheese that will
be included with the tortilla chips.

The structure of our business can be divided into four, which are Administration,
Production, Marketing, and Financial. These four aspects are conducted by different people.
For our business to survive, or even to grow, each one of them needs to be active as they
play a huge role.

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Chapter 2.0: Administration Plan

2.1 Business Vision, Mission, and Objectives

Vision and Mission

We established our objective and vision before embarking on our company enterprise. A
vision will have an immense influence on our productivity improvement. It gives us hope of
how we want to expand the firm, and we are more motivated to make full use of our ability to
bring our business into the desired future. It works as a step for our vision as a mission. for
us. It demonstrates how our work ethic should be.

Vision

“To create the most addictive tortilla chips preferable to all foodies that would last in
their mind forever “

To sell the most scrumptious chips on the markets, that is different from any other chips out
there.

To be the most successful and popular chips on the market, beating all foreign companies.

Mission

"Create affordable tortilla chip that is available everywhere and anywhere "

To sell tasty and crunchy tortilla chips at a reasonable and affordable price that will not break
the bank.

To deliver tortilla chips anywhere, anytime, and anyplace.

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Objectives

• To create a loyal customer base.

• To improve the product position in the local market and strong product brand. (time-
specific and percentage)

• To provide a maximum satisfying customer experience that includes enjoyable food.

• To use the most healthy and nutritious ingredients for consumption.

• To avoid any uses of preservatives in our product

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6|Page
2.3 Administration Personnel

2.3.1 List of administration personnel

Position No. of Personnel
Administration Manager 1
Marketing Manager 1
Financial Manager 1
Operation Manager 1
Workers 15

2.3.2 Schedule of remuneration

EPF
No Position Salary (RM) Rate Of Contribution for Total (RM)
the Month (RM)
1 Administration Manager 3,500.00 455.00 3,995.00
2 Marketing Manager 2,800.00 364.00 3,164.00
3 Operation Manager 2,800.00 364.00 3,164.00
4 Financial Manager 2,800.00 364.00 3,164.00
5 Worker 1,300.00 169.00 1,469.00

SOCSO
No Position Salary (RM) Employer’s share Total (RM)
(RM)
1 Administration Manager 3,500.00 0 3,500.00
2 Marketing Manager 2,800.00 48.15 2,848.15
3 Operation Manager 2,800.00 48.15 2,848.15
4 Financial Manager 2,800.00 48.15 2,848.15
5 Worker 1,300.00 21.85 1,321.85

Total Salary
Position No. of Salary PDF SOSSO Total (Salary + EPF
Personnel (RM) +SOCSO)
Administration 1 3,500.00 455.00 0 3,995.00
Manager
Marketing 1 2,800.00 364.00 48.15 3,212.15
Manager
Operation 1 2,800.00 364.00 48.15 3,212.15
Manager
Financial 1 2,800.00 364.00 48.15 3,212.15
Manager
Workers 15 19,500.00 169.00 21.85 22,362.75
Total 35,994.20

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2.4 List of office equipment
No. Items Unit Price (RM) Total Price (RM)
1 Office Desktop 6 480.00. 2,880.00
2 Office Monitor 6 33500 2,010.00
3 Office Keyboard 6 20.00 120.00
4 Printer (Canon imageClass M3010 All- 2 503.00 1,006.00
In-One Monochrome Laser Printer
Home Office use)
5 Office Mouse 4 20.00 80.00
6 Office Telephone 2 30.00 60.00
7 Stationary (pen, paper, etc) 5 100.00 500.00
8 Whiteboard (Single Side Magnetic) 4 110.00 440.00
9 LG Fridge 547L IEC Gross GN- 1 2,429.00 2,429.00
C702HLC Top Freezer Inverter
10 Fax machine 1 475.00 475.00
Total 10,000.00

2.5 List of Office Furniture and fittings

No. Items Unit Price (RM) Total Price (RM)
1 Office Table 4 240.00 960.00
2 Office Chair 4 520.00 2,080.00
3 Display Table 5 96.00 480.00
4 Display Shelve 4 400.00 1,600.00
5 Office Shelve 4 656.00 2,624.00
6 L-Shape Table 1 256.00 256.00
Total 8,000.00

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2.6 Administrative Budget

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3.0 MARKETING PLAN
3.1 Marketing objective
 To create a loyal customer base
 To improve the product position in the local market and strengthen product brand up
to 60% by 2030.
 To provide a maximum satisfying customer experience that includes enjoyable food.
 To use the most healthy and nutritious ingredients for consumption.
 To avoid any uses of preservatives in our product

3.2 Product description

Product Description
Features  Made from fresh ingredients
 Available online
 Made to order products
 Delicious cheesy dipping sauce
Materials  Jar
 Chips
 Cheese
 Sticker
Benefits  The product stays fresh when arrived
 Product is available anytime and anywhere
 No preservatives, MSG, and minimum salt

3.3 Target market

 Assume that company in Selangor
 Total population in Selangor - 6,448,000
 The target market is teenagers

Age distribution Population

10 – 19 years 879,807
20 – 29 years 1,265,823

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3.4 Market analysis
Total population in Selangor - 6,448,000
Estimation:
RM 7.83(������� ����� �� �������)

6,448,000 × RM 7.83 = RM 50,487,840 (������ ����)

Assuming that your sales forecasting is 3% from the market size

RM 50,487,840 × 3% = 1,514,635.20 (per year)

From the sales forecasting, we would be able to generate how many units to
produce per year
Let say, your product price is RM24.99
Yearly production:

1,514,635.20
= 60,610 (units per year)
24.99

Monthly production:

1,514,635.20
= �� 126,220 (����� ��� ����ℎ)
12 (����ℎ�)

�� 126,220
= 5,051 (units per month)
�� 24.99

Daily production:

5,051 (units per month)

= 210 (����� ��� ���)
24 (������� ���� ��� ����ℎ)

Competition
Bil Competitions
1. Mister Potato
2. Springles
3. Cheetos
4. Doritos
5. Super Ring

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 Market share
Before company enter the market:
Competitors Market share
Mister Potato 50% X 50,487,840 = RM 25,243,920
Springles 15% X 50,487,840 = RM 7,573,176
Cheetos 15% X 50,487,840 = RM 7,573,176
Doritos 25% X 50,487,840 = RM 12,621,960
Super Ring 10% X 50,487,840 = RM 5,048,784
Other (locals) 20% X 50,487,840 = RM 10,097,568
Grand total 100% (RM 50,487,840)

Estimating 3% of market share

�� 50,487,840 × 3% = �� 1,514,635.20 (��� ����)

Monthly sales:

�� 1,514,635.20
= �� 126,219.60
12 ����ℎ�

After company enter market:

Competitions Market share
Mister Potato 50% X 50,487,840 = RM 25,243,920
Springles 15% X 50,487,840 = RM 7,573,176
Cheetos 15% X 50,487,840 = RM 7,573,176
Doritos 25% X 50,487,840 = RM 12,621,960
Super Ring 10% X 50,487,840 = RM 5,048,784
Other (locals) 20% X 50,487,840 = RM 10,097,568 (20%-3%) = 17% X 50,487,840
=RM 8,582,932.8
Grand total 100% (RM 50,487,840)

Our company:

3% × �� 50,487,840 = �� 1,514,635.20

(The market share is 3%)

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CHAPTER 4: OPERATIONS PLAN

4.1: Operations Objectives

 Want to do right that would not to make mistakes and would not to satisfy customers
by providing error-free goods and services and giving a quality advantage.
 Want to do things in time, as to keep delivery promises that have made, Giving
dependability advantage.
 Want to able to change that be able to vary or adapt the operation’s activities to cope
with unexpected circumstances or to give customers. To change far enough and fast
enough to meet customer requirements gives a flexibility advantage.

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4.2 Process Planning
Symbol Types of activities Description
Operation Activity that modifies, transform or give
value to the input.

Transportation Transport activities occur when materials

are transported from one point to another.
Inspection Activities that measured the standard of
the in-process.

Delay Used when in-process material is

restrained in a location waiting.

Storage Finish products or goods are stored in the

storage area or warehouse.

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4.3 Operations Layout

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4.4 Capacity Planning
The calculation for output per day

Average sales per month = RM 126,220.00

Price per unit = RM 24.99
Number of output per month = RM 5,050.82
Woking day per month = 24 days
= RM 5,050.82 / 24 days
= 210 units per day

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4.5 Material Planning

No Material Price/Unit (RM) Unit

1 Jar 1.90 1
2 Chips 8.00 500g
3 Cheese 4.00 50g
4 Sticker 0.80 1
Total RM 14.70

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 4.6 Machines and Equipment Planning
No. Material Description Quantity Unit Price per unit (RM)
1 Mexico Manual Corn Tortilla Maker GONZALEZ 4 - 3,200.00
MAQUINA Tortilla Aluminium 5.5” Automatic
Cutting Machine
Total Amount 3,200.00

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 4.7 Manpower Planning
4.7.1 List of Operation Personnel
No. Position Number
1 Operation Manager 1
2 Workers 13
3 Driver 2
Total 16

4.7.2 List of Task and Responsibilities of Operations Personnel

No. Position Responsibilities
1 Operation Manager - In charge of supervising all staff
- Make sure all the operation level do their
work

2 Production Operator - Controls the production process and

produces the products.

3 Quality Checker - Check the quality of the product and remove

the defective product.

4 Packing Operator - Responsible for cleaning packaging

materials, loading items into containers, and
weighing and labeling the items appropriately.

5 Driver - Delivery of the products to the retailer

4.7.3 Schedule of Remuneration

No. Position No. of staff Salary/Month EPF SOCSO TOTAL
requirement
(RM) (RM) (RM) (RM)
13% 2%
1 Operation 1 2,800.00 364.00 48.15 3212.15
Manager

2 Workers 13 16,900.00 2,197.00 338.00 19,435.00

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3 Driver 2 2,600.00 338.00 52.00 2,990.00

Total 16 22,300.00 2,899.00 438.15 25,937.00

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4.8 Overheads Requirement

No. Types of Overhead Monthly Cost (RM)

1 Machine Maintenance 300.00
2 Fuel 2,000.00
TOTAL 2,300.00

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4.9 Location (Production Site)
We rent a factory as a production site which located at Section 7 Shah Alam, Selangor.

4.10 Business and Operations Hours

Business and operating hours:
Day Time
Monday – Saturday 8 a.m. – 5 p.m.
Sunday Close

Business hour: 8 hours per day (8.00 a.m. – 5.00 p.m.)

Operating hour: 8 hours per day (8.00 a.m. – 5.00 p.m.)
Lunch break hour: 1 hour per day (1.00 p.m. – 2.00 p.m.)
Working days: 6 days per week (Monday – Saturday)

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4.11 License, Permits, and Regulations Required

General licenses are licenses that are required and shall be applicable once the investor has
decided to start a business in Malaysia.

List of General Licences for Operation Plans, which may apply to any business, include:

 Vehicles
 Machines

In general, the following documents are required for the Business Premises Licenses for
Operations Plans application. However, the list of documents for the applications may vary
according to each local state authority:-

For company

(1) Anyone Director's NRIC / Passport as stated in Form 49 / Notice Section 58 – 1 copy

(2) Photo of your business premise (front and interior of premise) – 1 copy

(3) Vehicle’s Licenses – 1 copy

The license that our company needs to pay is RM 70.

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4.12 Operation Budget

OPERATIONS EXPENDITURE

Fixed Assets RM

Factorial Equibment 3,200

Van 50,000

Working Capital
Raw Materials & Packaging 74,247
Carriage Inward & Duty 400
Salaries, EPF & SOCSO
maintanence 300
petrol 2,000

Other Expenditure
Other Expenditure
Pre-Operations
Deposit (rent, utilities, etc.)
Business Registration & Licences
Insurance & Road Tax for Motor Vehicle 2,000
Other Expenditure
TOTAL 132,147

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4.13 Implementation Schedule
Activities Deadlines Duration
Application for license January - February 1 month

Procurement of machines and March – June 3 months

raw material

Recruitment of labors July – August 1 month

Installation of machines September - November 2 months

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FINANCIAL PLAN

5.1 FINANCIAL OBJECTIVE

1. Increase earning by 10% annually
2. Increase net profit from 2% to 4%
3. Stronger bond and credit ratings
4. Achieve revenue growth of 5% per year
5. Recognition as a “blue chip” company
6. Maintain a positive cash flow

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 KUDAPANS TORTILLA CHIPS

PROJECT IMPLEMENTATION COST & SOURCES OF FINANCE

Project Implementation Cost Sources of Finance

Hire-
Requirements Cost Loan Own Contribution
Purchase

Fixed Assets Cash Existing F. Assets

Land & Building

Office Equibment 10,000 10,000

Office Furniture & Fitting 8,000 8,000

Signboard 5,000 5,000

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 Factorial Equibment 3,200 3,200

Van 50,000 50,000

Working
Capital 1 months

Administrative 39,654 39,654

Marketing 3,400 3,400

Operations 76,947 0 76,947

Pre-Operations & Other Expenditure 5,280 5,280

Contingencies 10% 20,148 20,148

TOTAL 221,629 94,682 50,000 76,947

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 5.3 Non-current assets depreciation schedule

Econ. Life
FIXED ASSETS (yrs) FIXED ASSETS Econ. Life (yrs)
Office Equipment 5 5
Office Furniture & Fitting 5 5
- 5 Factorial Equipment 5
- 5 Van 5
Signboard 5 5
- 5 5

DEPRECIATION METHOD (1=straight line, 2=declining balance) 1

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5.4 Pro forma Cash Flow Statement

KUDAPANS TORTILLA CHIPS

CASH FLOW PRO FORMA STATEMENT

MONTH Pre-Operations 1 2 3 4 5 6 7 8 9 10 11 12 TOTAL YR 1 YEAR 2 YEAR 3

CASH INFLOW
Capital (Cash) 76,947 76,947
Loan 94,682 94,682
Cash Sales 126,220 126,220 126,220 126,220 126,220 126,220 126,220 126,220 126,220 126,220 126,220 126,220 1,514,635 1,666,099 1,999,319
Collection of Accounts Receivable
TOTAL CASH INFLOW 171,629 126,220 126,220 126,220 126,220 126,220 126,220 126,220 126,220 126,220 126,220 126,220 126,220 1,686,265 1,666,099 1,999,319

CASH OUTFLOW
Administrative Expenditure
Utilities 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000 26,400 31,680
Stationaries 700 700 700 700 700 700 700 700 700 700 700 700 8,400 9,240 11,088
Premises Rential 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000 13,200 15,840
Salary, EPF & SOCSO 35,954 35,954 35,954 35,954 35,954 35,954 35,954 35,954 35,954 35,954 35,954 35,954 431,450 474,595 569,515

Marketing Expenditure
Office Supplies 300 300 300 300 300 300 300 300 300 300 300 300 3,600 3,960 4,752
Stationaries 100 100 100 100 100 100 100 100 100 100 100 100 1,200 1,320 1,584
Promotional Expenses 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 36,000 39,600 47,520

Operations Expenditure
Cash Purchase
Payment of Account Payable 44,548 74,247 74,247 74,247 74,247 74,247 74,247 74,247 74,247 74,247 74,247 787,019 890,965 980,062
Carriage Inward & Duty 400 400 400 400 400 400 400 400 400 400 400 400 4,800 5,280 6,336
Salaries, EPF & SOCSO
maintenance 300 300 300 300 300 300 300 300 300 300 300 300 3,600 3,960 4,752
petrol 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000 26,400 31,680

Other Expenditure 300 300 330 396

Pre-Operations

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Deposit (rent, utilities, etc.) 2,000 2,000
Business Registration & Licences 980 980
Insurance & Road Tax for Motor Vehicle 2,000 2,000 2,000 2,000
Other Pre-Operations Expenditure
Fixed Assets
Purchase of Fixed Assets - Land & Building
Purchase of Fixed Assets - Others 26,200 26,200
Hire-Purchase Down Payment
Hire-Purchase Repayment:
Principal 833 833 833 833 833 833 833 833 833 833 833 833 10,000 10,000 10,000
Interest 208 208 208 208 208 208 208 208 208 208 208 208 2,500 2,500 2,500
Loan Repayment:
Principal 1,578 1,578 1,578 1,578 1,578 1,578 1,578 1,578 1,578 1,578 1,578 1,578 18,936 18,936 18,936
Interest 395 395 395 395 395 395 395 395 395 395 395 395 4,734 3,787 2,840
Tax Payable 0 0 0 0
TOTAL CASH OUTFLOW 31,180 49,068 93,317 123,015 123,015 123,015 123,015 123,015 123,015 123,015 123,015 123,015 123,015 1,403,720 1,532,474 1,741,481

CASH SURPLUS (DEFICIT) 140,449 77,151 32,903 3,204 3,204 3,204 3,204 3,204 3,204 3,204 3,204 3,204 3,204 282,545 133,625 257,838
BEGINNING CASH BALANCE 140,449 217,601 250,504 253,708 256,912 260,116 263,320 266,524 269,728 272,932 276,137 279,341 282,545 416,169
ENDING CASH BALANCE 140,449 217,601 250,504 253,708 256,912 260,116 263,320 266,524 269,728 272,932 276,137 279,341 282,545 282,545 416,169 674,007

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5.5 Pro Forma Income Statement

KUDAPANS TORTILLA CHIPS

PRO-FORMA INCOME STATEMENT

Year 1 Year 2 Year 3

Sales 1,514,635 1,666,099 1,999,319

Less: Cost of Sales

Opening Stock of
Finished Goods 75,732 166,610

Production Cost 889,456 972,884 1,092,274

less: Ending Stock of

75,732 166,610 399,864
Finished Goods

0 0 0

813,725 882,005 859,020

Gross Profit 700,910 784,093 1,140,299

Less: Expenditure

Administrative
475,850 523,435 628,123
Expenditure

Marketing Expenditure 40,800 44,880 53,856

Other Expenditure 300 330 396

Business Registration
980
& Licences

Insurance & Road Tax

2,000 2,000 2,000
for Motor Vehicle

Other Pre-Operations
Expenditure

Interest on Hire-
2,500 2,500 2,500
Purchase

Interest on Loan 4,734 3,787 2,840

Depreciation of Fixed 4,600 4,600 4,600

Assets

Total Expenditure 531,765 581,533 694,315

Net Profit Before Tax 169,146 202,560 445,984

Tax 0 0 0

Net Profit After Tax 169,146 202,560 445,984

Accumulated Net
371,706 817,690
Profit 169,146
5.6 Pro Forma Balance Sheet

KUDAPANS TORTILLA CHIPS

PRO-FORMA BALANCE SHEET

Year 1 Year 2 Year 3

ASSETS

Fixed Assets (Book Value)

Land & Building
Office Equibment 8,000 6,000 4,000
Office Furniture & Fitting 6,400 4,800 3,200

Signboard 4,000 3,000 2,000

Factorial Equibment 2,560 1,920 1,280

Van 40,000 30,000 20,000

60,960 45,720 30,480

Current Assets
The stock of Raw Materials 44,548 98,006 235,215
The stock of Finished Goods 75,732 166,610 399,864
Accounts Receivable
Cash Balance 282,545 416,169 674,007
402,825 680,785 1,309,086
Other Assets
Deposit 2,000 2,000 2,000

TOTAL ASSETS 465,785 728,505 1,341,566

Owners' Equity
Capital 76,947 76,947 76,947
Accumulated Profit 169,146 371,706 817,690
246,093 448,653 894,637
Long Term Liabilities
Loan Balance 75,746 56,809 37,873
Hire-Purchase Balance 40,000 30,000 20,000
115,746 86,809 57,873
Current Liabilities
Accounts Payable 103,946 193,043 389,056

TOTAL EQUITY & LIABILITIES 465,785 728,505 1,341,566

5.7 Financial Analysis
6.0 Business Model Canvas

Key partners Key activities Value proposition Customer Customer

relationships segment
 Suppliers  Delivery  Tasty tortilla
 Delivery  Sales  Social  All
chips with
service promotions media except
 Provider to acquire quality  Customer for kids
s new feedback
ingredients
customers  The
 Producing  Tortilla chips promotion by
and gifts
with extra free
packaging
tortilla cheese.
chips
 No
Key resource Channels
perseverative
 Raw  Instagram
 Good
materials  Online
 Equipment Packaging
 Capital
injection by
all partners
at all times

Cost structure Revenue streams

 Marketing cost  Profits

 Operation cost  Delivery services
 Raw material cost
7.0 Conclusion

In conclusion, our group got a lot of experience and knowledge managing this
company for many good reasons. We can count the cost on how to start the company, the
sources of finance, and the cash flow statement. We are also able to work as a team by
doing our part to make this company work.

By doing this company, we can tell that by doing business there are many chances to
succeed in your life by being creative and expert on how to handle your income and exploit it
to make something new. This business also shows us the importance of the business in
someone's life or the country itself and it certainly shows us a new view to the ENT300
subject by showing us that we can make our opportunity ourselves.
Appendices

Team Dunia
Diploma in Electrical Engineering
Universiti Teknologi MARA (UiTM)
Permatang Pauh
PULAU PINANG
_____________________________________________________________________
18/7/2021

Madam Shaira

Lecturer of Fundamental of Entrepreneurship (ENT300)

Faculty of Business and Management
UiTM Pulau Pinang

Dear Madam,
SUBMISSION OF THE BUSINESS PLAN

Regarding the matter above, our group would like to submit our business plan for your kind
evaluation and further action. The business that we wish to venture into is particularly
manufacturing and selling the Tortilla chips located in Selangor. Our company's name is
Team Dunia. Our business is a partnership set up with the following business partners and
address:

Partners:
1. Muhammad Amirul Afiq bin Rosle(MATRIC NO)
2. Muhammad Faiqal bin Fauzi (MATRCI NO)
3. Mir Ahmad Fikry bin Mohd Faudzi (2019286944)
4. Muhammad Hakim bin Abdul Aziz (MATRIC NO)

Business address:
Selangor

We have tried our very best to prepare this business plan according to the subject
requirements. This working paper is our group effort and all experience gained are valuable
lessons for the entire group members.

We hope that our business plan will satisfy your requirement for this subject (ENT 300). We
also hope that our business plan can provide some benefits to other people as reference
material for the future.
Sincerely,

_________________________ _______________________
MIR AHMAD FIKRY MUHAMMAD AMIRUL AFIQ
Administrative Manager Marketing Manager

__________________________
___________________________
MUHAMMAD FAIQAL MUHAMMAD HAKIM
Operations Manager Financial Manager
 PARTNERSHIP AGREEMENT

This Partnership Agreement is made on “30 June 2021” between MIR AHMAD FIKRY”,
“MUHAMMAD AMIRUL AFIQ”, "MUHAMMAD FAIQAL” and “MUHAMMAD
HAKIM”.

1. Name and Business

The parties hereby form a partnership under the name of Kudapan HQ to produce
Tortilla Chips. The location of the business shall be at Selangor

2. Term

The partnership shall begin on “2 and shall continue until every partner agreed to terminate
this partnership agreement.

3. Capital

The capital of the partnership shall be contributed in cash by the partners as follows:

o A separate capital account shall be maintained for each partner.

o Neither partner shall withdraw any part of their capital account.
o Upon the demand of either partner, the capital accounts of the partners shall be
maintained at all times in the proportions in which the partners share in the profits
and losses of the partnership. The capital contribution to the partnership is stated
as follows:

Name Position Capital Percentage

Contribution Contribution
(RM) (%)
MIR AHMAD FIKRY Administration RM10,000.00 25%
 BIN MOHD FAUDZI Manager
MUHAMMAD AMIRUL Marketing RM10,000.00 25%
AFIQ BIN ROSLE Manager
MUHAMMAD FAIQAL Operation RM10,000.00 25%
BIN MUHAMMAD Manager
FAUZI
MUHAMMAD HAKIM Financial Manager RM10,000.00 25%
BIN ABDUL AZIZ
TOTAL RM .00 100%

4. Profit and Loss

The net profit of the partnership shall be divided equally between the partners and the
net losses shall be borne equally by them. A separate income account shall be
maintained for each partner. Partnership profits and losses shall be charged or credited
to the separate income account of each partner. If a partner has no credit balance in
their income account, losses shall be charged to their capital account.

5. Salaries and Withdrawals

Partners shall receive any salary for services rendered to the partnership. Each partner
may, from time to time, withdraw the credit balance in their income account.

6. Interest

No interest shall be paid on the initial contributions to the capital of the partnership or
any subsequent contributions of capital.

7. Management Duties and Restrictions

The partners shall have equal rights in the management of the partnership business, and
each partner shall devote their entire time to the conduct of the business. Without the
consent of the other partner, neither partner shall on behalf of the partnership borrow or
 lend money, or make, deliver, or accept any commercial paper, or execute any
mortgage, security agreement, bond, or lease, or purchase or contract to purchase or sell
or contract to sell any property for or of the partnership other than the type of property
bought and sold in the regular course of its business.

8. Banking

All funds of the partnership shall be deposited in its name in such checking account or
accounts as shall be designated by the partners. All withdrawals therefrom are to be
made upon checks signed by either partner.

9. Books

The partnership books shall be maintained at the principal office of the partnership, and
each partner shall at all times have access to the books. The books shall be kept on a
fiscal year basis, and shall be closed and balanced at the end of each fiscal year. An
audit shall be made as of the closing date.

10. Voluntary Termination

The partnership may be dissolved at any time by agreement of the partners, in which
event the partners shall proceed with reasonable promptness to liquidate the business of
the partnership.

11. Death

Upon the death of either partner, the surviving partner shall have the right either to
purchase the interest of the decedent in the partnership or to terminate and liquidate the
partnership business.

12. Arbitration
 Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration following the rules. In witness whereof, the
parties have signed this Agreement.

Executed this on 22 December of 2017 in “Seberang Jaya, Pulau Pinang”, each partner
agreed and signed this agreement to show their commitment to this partnership.

__________________________
(MARKETING MANAGER)
MUHAMMAD AMIRUL AFIQ
010307141393

_________________________
(OPERATIONS MANAGER)
MUHAMMAD FAIQAL
010116101161
 ________________________
(ADMINISTRATION MANAGER)
MIR AHMAD FIKRY
010410100581

_________________________
(FINANCIAL MANAGER)
MUHAMMAD HAKIM
011203610057
ADMIN. PLAN (ADDITIONAL INFO TO ADD UP)

COMPENSATION AND BENEFITS

 Employment Act 1955
Employment law in Malaysia is generally governed by the Employment Act 1955
("Employment Act"). The Employment Act sets out certain minimum benefits that
are afforded to applicable employees. For applicable employees – any clause in an
employment contract that purports to offer less favorable benefits than those set out in
the Employment Act, shall be void and replaced with the minimum benefits in the
Employment Act.
The protection under the Employment Act only applies to these categories of
employees:
Employees whose monthly salary does not exceed RM2,000
Employees who are engaged in manual labor, regardless of salary
Employees engaged in the operation or maintenance of the mechanically propelled
vehicle
Employees who supervise or oversees other employees engaged in manual labor
Employees engaged in any capacity on a vessel (subject to certain other conditions)

1). Rest day

Every employee shall be allowed in each week a rest day of one whole
day as may. be determined from time to time by the employer.

2). Holidays

Every employee shall be entitled to a paid holiday at his ordinary rate of

pay on ten gazetted public holidays in any one calendar year, four of
which shall be--

(a) the National Day;

 (b) the Birthday of the Yang di-Pertuan Agong;
(c) the Birthday of the Ruler of the Yang di-Pertua Negeri, as the case
may be, of the State in which the employee wholly or mainly works
under his contract of service or the Federal Territory Day, if the
employee wholly or mainly works in the Federal Territory; and
(d) the Workers' Day:
Provided that if any of the said ten gazetted public holidays falls on a
rest day the working day following immediately thereafter shall be a
paid holiday in substitution therefor

3). Annual leave

An employee shall be entitled to paid annual leave of--

(a) eight days for every twelve months of continuous service with the
same employer if he has been employed by that employer for less than
two years;
(b) twelve days for every twelve months of continuous service with the
same employer if he has been employed by that employer for two years
or more but less than five years; and
(c) sixteen days for every twelve months of continuous service with the
same employer if he has been employed by that employer for five years
or more, and if he has not completed twelve months of continuous
service with the same employer during the year in which his contract of
service terminates, his entitlement to paid annual leave shall be in direct
proportion to the number of completed months of service:

4). Sick leave

An employee shall, after examination at the expense of the employer --

(a) by a registered medical practitioner duly appointed by the employer;
or
(b) if no such medical practitioner is appointed or, if having regard to the
nature or circumstances of the illness, the services of the medical
practitioner so appointed are not obtainable within a reasonable time or
distance, by any other registered medical practitioner or by a medical
officer,
be entitled to paid sick leave, --
(aa) where no hospitalization is necessary, --
(i) of fourteen days in the aggregate in each calendar year if the
employee has been employed for less than two years;
(ii) of eighteen days in the aggregate in each calendar year if the
employee has been employed for two years or more but less than five
years;
(iii) of twenty-two days in the aggregate in each calendar year if the
employee has been employed for five years or more; or
(bb) of sixty days in the aggregate in each calendar year if
hospitalization is necessary, as may be certified by such registered
medical practitioner or medical officer:
Provided that the total number of days of paid sick leave in a calendar
year which an employee is entitled to under this section shall be sixty
days in the aggregate;
An employee shall also be entitled to paid sick leave under paragraphs
(aa) and (bb) of subsection (1) after examination by a dental surgeon as
defined in the Dental Act 1971:
 5). Maternity leave

Every female employee shall be entitled to maternity leave for not less than
sixty consecutive days.

A female employee shall not be entitled to any maternity allowance if at the

time of her confinement she has five or more surviving children.

6). Overtime

For any overtime work carried out more than the normal hours of work, the
employee shall be paid at a rate not less than one and half times his hourly rate
of pay irrespective of the basis on which his rate of pay is fixed. In this
section "overtime" means the number of hours of work carried out more than
the normal hours of work per day. Provided that if any work is carried out
after the spread over ten hours, the whole period beginning from the time that
the said spread over period ends up to the time that the employee ceases work
for the day shall be deemed to be overtime.

Any other terms and conditions are:-

1). Paternity Leave

Male employees are eligible for 2 working days to leave for the birth of their
child up to 5 surviving children.

2). Marriage Leave

Employees are entitled to 5 days leave for first legal marriage per employment.

3). Compassionate Leave

Every employee is entitled to 3 consecutive working days on the death of their

immediate family member.

4). Bonus
 The bonus will be granted to employees at a rate of 30 % of the monthly
salaries depends on the company’s performance.

5). The Annual Increment

Employees will be paid with an annual increment based on the individual

performance at a rate of 5% to 30% per annum. Those who fail to achieve the
performance standard will not be granted an annual increment.

 Social Security Organization (SOCSO)

The main function of SOCSO is to provide social security protection to employees
and their dependants through the Employment Injury Scheme and the Invalidity
Scheme. The Employment Injury Scheme protects employees against occupational
injuries including occupational diseases and commuting accidents. The Invalidity
Scheme provides 24-hour protection to employees against invalidity or death due to
any cause outside working hours and not related to employment. Both schemes
provide cash benefits to employees and their dependents in the event of unforeseen
incidents, in addition to providing medical treatment, physical rehabilitation, or
vocational training. SOCSO also conducts implements accident prevention activities
through occupational safety and health awareness programs among employees and
employers. The rate of contribution is 1.25% per month from the insured salary
option. The monthly contribution is subject to the ceiling of the insured wage of
RM4,000.00 per month.

 Employer Provident Fund (EPF)

As an employer, the responsibilities include paying EPF contributions in respect of
any person engaged to work under a Contract of Service or Apprenticeship. Subject to
the provisions of section 52, every employee and every employer of a person who is
an employee within the meaning of this Act shall be liable to pay monthly
contributions on the number of wages at the rate respectively set out in the Third
Schedule (Section 43(1), EPF Act 1991).