Assignment 3 Start Up.pptx
- 1. BUSINESS PLAN: MAHH ENTERPRISE GROUP MEMBERS: • MUHAMMAD ALIF BIN RASHID (LG2002720) • MUHAMMAD HAZIQ BIN KAMARULZAINI (LG200230) • MUHAMMAD HAIQAL BIN ROSMAN (LG2002728)
- 2. TABLE OF CONTENTS 01 INTRODUCTION 02 ADMINISTRATION PLAN 03 MARKETING PLAN 2 04 OPERATIONAL PLAN 05 FINACIAL PLAN
- 3. 01 INTRODUCTION • BUSINESS BACKGROUND • BUSINESS LOGO 3
- 4. BUSINESS BACKGROUND The source of the idea for our business comes from the demand on snacks and having such a good market to sell it. So, we created our own company called ‘MAHH’ and started an online business selling snacks with various flavors. Came up with the concept to establish this business after noticing that most people have a need for snacks and believe that snacks have a big market to sell. As a result, we decided to launch an internet store offering various flavored snacks. 4
- 5. BUSINESS LOGO The logo is round in shape to give a more elegant shape Superhero pictures used to impress many users of various ages 5
- 6. 02 ADMINISTARTION PLAN ◎ ORGANIZATIONAL CHART ◎ EXPLAIN ROLES AND RESPONSIBILITIES 6
- 7. ORGANIZATION CHART 7 MUHAMMAD HAIQAL BIN ROSMAN GENERAL MANAGER MUHAMMAD ALIFF BIN RASYID ADMINISTRATION AND OPERATIONAL MANAGER General worker (2) Driver(1) MUHAMMAD HAZIQ BIN KAMARULZAINI MARKETING AND FINANCIAL MANAGER Salesperson (2) Clerk (1)
- 8. ROLES AND RESPONSIBILITY General Manager Improve efficiency and increase profits Prepare regular reports for upper management Maintain budgets and optimize expenses Employing marketing strategies Ensure employees are motivated and productive Oversee recruitment and training of new employees Evaluate and improve operations and financial performance Direct the employee assessment process Ensure staff follows health and safety regulations 8
- 9. Administration & Operational Manager Administration Manager: Plan and coordinate administrative procedures and systems and devise ways to streamline processes Recruit and train personnel and allocate responsibilities and office space Evaluate staff performance and provide guidance and coaching to ensure maximum efficiency Monitor costs and expenses to assist in budget preparation Ensure operations adhere to policies and regulations Operational Manager: Ensure all operations are carried on in an appropriate, cost-effective way Improve operational management systems, processes, and best practices Purchase materials, plan inventory and oversee warehouse efficiency Examine financial data and use them to improve profitability Formulate strategic and operational objectives Perform quality controls and monitor production 9
- 10. Marketing & Financial Manager Marketing Manager: Deploy successful marketing campaigns and own their implementation from ideation to execution Follow and analyse market trends to position products Build strategic relationships and partner with key industry players, agencies and vendors Develop strategies and tactics to get the word out about our company and drive qualified traffic to our front door Test marketing product features, releases and ad copy Financial Manager: Prepare financial reports and interpret financial information to management staff while recommending further action Advise on investment activities and provide strategies that the company should take Maintain the financial health of the organization Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met. Conduct reviews and evaluations for cost- reduction opportunities 10
- 11. Clerk: Maintain existing filing system and assist in sorting and filing appropriate paperwork in designated files Prepare computerized correspondence, bills, checks, statements, receipts, and other relevant documents Maintain inventory of office supplies and inform purchase staff regarding items for purchase and receive supplies, cabinets or bins and stock shelves Utilize office appliances such as photocopier, printers etc. and computers for word processing, spreadsheet creation Arrange meetings and all departmental activities and departmental work schedules as part of effective office management and coordinate various departmental activities and schedules Salesperson: Present, promote and sell products/services using solid arguments to existing and prospective customers Perform cost-benefit and needs analysis of existing/potential customers to meet their needs Establish, develop and maintain positive business and customer relationships Supply management with reports on customer needs, problems, interests, competitive activities, and potential for new products and services Coordinate sales effort with team members and other departments 11
- 12. General Worker: Perform all work according to work orders and load and unload materials as per requirement Coordinate with the Production Manager and perform all general duties as required by the same Monitor all machines and make repairs to same if required Handle all emergency and difficult situations efficiently and investigate all issues to provide resolution for same. Report issues with equipment or unsafe conditions Driver: Map the driving route ahead of time to determine the most suitable trip Take customers from the place and at the time they request Assist customers in loading and unloading their luggage Adjust routes to avoid congested traffic or road construction, as needed Schedule regular car service appointments and report any issues 12
- 13. 03 MARKETING PLAN • 4P’s MARKETING PLAN • MONTHLY MARKETING ACTIVITIES
- 14. 14 The process of organising and outlining our company's marketing activities, as well as putting together plans and techniques to achieve them, is known as market planning. First, we developed our company's purpose and vision statements to make it easier for us to make decisions and achieve our objectives. Mission 'Ensuring continual customer satisfaction in conjunction with the manufacture of provided snack goods' became our goal statement. According to our goal statement, we really hope that everyone can enjoy a snack throughout the course of their day while also avoiding boredom. Vission Our company's vision is to be the best snack supplier in our country. Being the best means providing excellent quality, service and value that makes every customer satisfied with our products and services.
- 15. 4P’s MARKETING PLAN 15 PRODUCT -NZ Crunchies -Made from poppy skin and has a wide variety of flavors -Bottle packaging PRICE -RM12 per bottle -RM2 for profit -Teluk Intan/Bagan Serai/Kuala Kangsar PLACE -Offline promotion,brochuers,poster, Flyer,whatsapp,instagram, facebook PROMOTION
- 16. 04 OPERATIONAL PLAN ◎ OPERATION HOUR ◎ PRODUCTION FLOW CHART 16
- 17. Operation Hour 17 Day Operation Hours Monday 9.00 am – 10.00 pm Tuesday Not Working Wednesday 9.00 am – 10.00 pm Thursday 9.00 am – 10.00 pm Friday 9.00 am – 10.00 pm Saturday 9.00 am – 10.00 pm Sunday 9.00 am – 10.00 pm Closed on every Tuesday and public holidays
- 19. 05 FINANCIAL PLAN ◎FORECASTED CASH FLOW & PROFIT & LOSS ◎BUSINESS POTENTIAL FOR THE FUTURE 19
- 20. Proforma Forecasted cash Flow Statement
- 21. 21 JAN FEB MAC APRIL CASH RECEIPTS/INCOME Sales Loan Sales commission 19,152.00 30,000.00 - 19,152.00 30,000.00 - 19,152.00 30,000.00 - 19,152.00 30,000.00 - Total cash receipts 49,152.00 49,152.00 49,152.00 49,152.00 CASH PAYMENTS/ EXPENSES Salary Rental Utilities bills Water bill Electricity bill Unify bill Coway bill Telephone bill Maintenance/repair 10,781.25 500.00 1,500.00 400.00 300.00 200.00 300.00 300.00 - 10,781.25 500.00 1,500.00 400.00 300.00 200.00 300.00 300.00 - 10,781.25 500.00 1,500.00 400.00 300.00 200.00 300.00 300.00 - 10,781.25 500.00 1,500.00 400.00 300.00 200.00 300.00 300.00 - Total cash payments 12,781.25 12,781.25 12,781.25 12,781.25 Profit 36,370.75 36,370.75 36,370.75 36,370.75 Opening balance - 36,370.75 72,741.50 109,112.25 Closing balance 36,370.75 72,741.50 109,112.25 145,483.00 MAY JUN JULY AUGUST CASH RECEIPTS/INCOME Sales Loan Sales commission 19,152.00 30,000.00 - 19,152.00 30,000.00 - 19,152.00 30,000.00 - 19,152.00 30,000.00 - Total cash receipts 49,152.00 49,152.00 49,152.00 49,152.00 CASH PAYMENTS/ EXPENSES Salary Rental Utilities bills Water bill Electricity bill Unify bill Coway bill Telephone bill Maintenance/repair 10,781.25 500.00 1,500.00 400.00 300.00 200.00 300.00 300.00 - 10,781.25 500.00 1,500.00 400.00 300.00 200.00 300.00 300.00 - 10,781.25 500.00 1,500.00 400.00 300.00 200.00 300.00 300.00 - 10,781.25 500.00 1,500.00 400.00 300.00 200.00 300.00 300.00 - Total cash payments 12,781.25 12,781.25 12,781.25 12,781.25 Profit 36,370.75 36,370.75 36,370.75 36,370.75 Opening balance 145,483.00 181,853.75 218,224.50 254,595.25 Closing balance 181,853.75 218,224.50 254,595.25 290,966.00
- 22. 22 SEPT OCT NOV DEC CASH RECEIPTS/INCOME Sales Loan Sales commission 19,152.00 30,000.00 - 19,152.00 30,000.00 - 19,152.00 30,000.00 - 19,152.00 30,000.00 - Total cash receipts 49,152.00 49,152.00 49,152.00 49,152.00 CASH PAYMENTS/ EXPENSES Salary Rental Utilities bills Water bill Electricity bill Unify bill Coway bill Telephone bill Maintenance/repair 10,781.25 500.00 1,500.00 400.00 300.00 200.00 300.00 300.00 - 10,781.25 500.00 1,500.00 400.00 300.00 200.00 300.00 300.00 - 10,781.25 500.00 1,500.00 400.00 300.00 200.00 300.00 300.00 - 10,781.25 500.00 1,500.00 400.00 300.00 200.00 300.00 300.00 - Total cash payments 12,781.25 12,781.25 12,781.25 12,781.25 Profit 36,370.75 36,370.75 36,370.75 36,370.75 Opening balance 290,966.00 327,336.75 363,707.50 400,078.25 Closing balance 327,336.75 363,707.50 400,078.25 436,449.00
- 23. Proforma Forecasted Profit and Loss Statement
- 24. 24 TITLE RM RM SALES 229,824.00 COST OF GOODS SOLD RAW MATERIAL 1,800.00 (+) OPENING STOCK 0 1,800.00 (-) CLOSING STOCK 800.00 1000.00 GROSS PROFIT 228,824.00 OPERATING EXPENSES SALARY 129,375.00 RENTAL 6,000.00 UTILITIES 24,000.00 PROMOTION 0 GENERAL EXPENSES 0 159,375.00 NET PROFIT BEFORE TAX 69,449.00 TAX (20%) 13,889.80 PROFIT AFTER TAX 55,559.20