Executive Summary
Executive Summary
Executive Summary
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There are competitors out there such as other home dcor and furniture
businesses that might become a wall for us to grow in creative businesses but
our social purpose is the strong point of our business identity to strive for better
future by educating people to minimise waste and recycle. The other benefit
such that not only customers are unconsciously supporting recycling industries
but they also can save their money on buying cheap, creative and useful
affordable products from us.
The most important part to run this business successfully is to have the right
team. The management team is the core of this business to handle the staffs
effectively and efficiently. We, partners will be the one who manage and divide
tasks to our employees. We will need to employ artisans who are good at arts
and crafting that will contribute most creative and innovative ideas for
productions. In Brunei, majority unemployment graduates comes from art
background therefore it is an opportunity for us to employ and create the strong
team. For the production team, we will label it as part-time jobs as we will hire
accordingly to the market demands. All of the products will be produce by
handmade.
The supplier for the recycle materials, we will form strategic alliances with
recycling industries such as Daikyo Environmental Recycling Sdn. Bhd, Sallima
Recycling Works and many others that will provide us the required materials.
According to our estimation calculation the start-up capital required to run the
business is approximately BND$250000. The capital use to cover up business
expenses mostly goes to wages.
In conclusion we hope that Bruneian will use 3Rs in their everyday life as well as
support recycling industries and to ensure better future for young generations. In
the future, we would like to expand our business to do landscaping using
recycled materials after we successfully obtain our initial objectives.