Nature of business

• Merchandising Business
• Buys products at wholesale price and sells the same at retail price.
• Known as "buy and sell" businesses.
• Makes profit by selling higher then purchased cost
• Obj
• Shortage of supply in market
• Ensure customers have a variety of options to choose from
• Make profit

• Product/Service description
• Selling IT server based hardware to international buyer either in bulk quantity or singular at lower cost

• Name of the Organization

• Ali_IT
• Type of Ownership
• An agreement between 2 (or more) partners.
• All profits, liabilities and management duties are divided equally. General partnerships are fairly easy for e-commerce businesses
to establish.
• Largely considered to be unincorporated.
• Owner(s) bear full liability for any action or inaction of the business

• Location:-KL, Kawasan Perindustrian Kepong

• Customers:-IT enthusiast, organizations

 
• Competitors:-AliExpress, Ebay, Amazon(e-commerce sites)

 
• Finance:-200-300k
• Apply for SME business loan
 Anticipated Challenges/Risk Factors:-
• Online security which includes phishing attacks hacking, system crash & bugs need to be sorted out
• Should opt for end to end encryption and likes of AES encryption.
• Also need to ensure reliable ISP providers for constant server uptime for buyers’ utilization and avoidance of such
attacks like DDOS.

• Warehouse and logistics

• Run out of stock while orders coming in, product shipment delayed, parcel delivery wrong recipient
• Making sure a dedicated team is available to attend each section such as product shipment is one team and parcel delivery
another team…even if higher cost overall can lead to less issues with orders overall.
• Also when the product is out of stock, the website should be updated clear red sign saying it’s out of stock for that product

•  Customer dissatisfaction
• Not receive their product or the wrong product or even charged twice for the received product or did not fit to their