BP Microbes Alliances
BP Microbes Alliances
BP Microbes Alliances
LETTER OF SUBMISSION
1
LETTER OF SUBMISSION
Sir,
Attach is the business plan title “MICROBES ALLIANCES” to fulfill the requirements
as needed as university requirements.
Below is the list of the group members that involved in completing this business plan:
Thank you,
Yours sincerely
………………………
IZNI SHAFIQAH BINTI MOHD RAZI
General Manager
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ACKNOWLEDGEMENT
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ACKNOWLEDGEMENT
Primarily we would thank God and all praises for Him, the Creator of all. After all
obstacles and hardship that we have been through, we finally completed our group
assignment. Hereby, without doubt we would like to say that, during the completion of this
course, plenty of knowledge and experiences have been obtained. Though, undeniably, it is
quite difficult for us to complete the task, it is worthy and we learn much.
The business plan have been prepared with the cooperation and support of many
people. We would like to thank to our entrepreneurship supervisor, Dr. Mohd Afandi Bin Abu
Bakar, for his guidance, support and advice. He also willingly shares his knowledge and
experience to ensure us finish this business plan in accordance to the requirements for the
completion of ENT300. Special thanks to our parents also, for giving us the financial support
and mental strength in completing this business plan. We are not able to complete all of
these things without this great people.
Recall to our memories while working on this report and in the process of completing
it, we succeed to build a strong bond of friendship among our team members. The strong
bond that has been created and cooperation that existed help us a lot in achieving our aims.
All the teammates play vital role that contribute to our success.
Lastly, we hope the knowledge that we have gathered from this course can help us to
manage our own business and guide us to be a successful entrepreneur in the future. We
would like to apologize for all the mistakes that happened with or without our concern. Once
for all, a great gratitude to Allah and others that have been helping us so much. Only Allah
can repay all of your good deeds. Thank you.
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TABLE OF CONTENTS
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TABLE OF CONTENTS
LETTER OF SUBMISSION
ACKNOWLEDGEMENT
EXECUTIVE SUMMARY
TABLE OF CONTENTS
1 INTRODUCTION
1.1 Name of Business
1.2 Nature of Business
1.3 Industry Profile
1.4 Location of the Business
1.5 Date of Business Commencement
1.6 Factors in Selecting the Proposed Business
1.7 Future Prospects of the Business
2 PURPOSE
2.1
2.2
3 BUSINESS BACKGROUND
3.1
3.2
3.3
4 BACKGROUND OF PARTNERSHIPS
5 LOCATION OF BUSINESS
6 MARKETING PLAN
7 OPERATIONAL PLAN
8 ADMINSTRATION PLAN
9 FINANCIAL PLAN
APPENDICES
PARTNERSHIP AGREEMENT
6
EXECUTIVE SUMMARY
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Executive summary
Microbes Alliances offers aqua ball, which is called as MADID balls that is wrapped
with eco-friendly packaging. The combination of ecofriendly substance and its packaging is
beneficial to the customers and not harming the environment as well. Our target customers
among farmers, animal breeders, agricultural business, households and government
agencies. Microbes Alliances Enterprise offers environmental-friendly products that are
made from great microbes without any harmful chemicals that would provide nutrition to the
aquatic animals and to improve the water quality by preventing formation of algae. Besides,
the packaging itself is great for the environment as we don’t use any plastic to package it.
We use water soluble wrapper to wrap the product. The water soluble wrapping is
biodegradable unlike plastic, also easy to bring and is long lasting consumption. Microbes
Alliances Enterprise is located at coastal town of Lumut in Manjung District, Perak.
Marketing strategy of Microbes Alliances Enterprise is to focus on the quality of our product
and provides necessary information to it. The management of Microbes Alliances Enterprise
consists of 5 lead workers which are Izni Shafiqah bt Mohd Razi, Arifah bt Ahmad Damahuri,
Nur Sakeenah bt Khairuddin, Nurul Hadirah bt Mohamad Ashraf and Nur Safiah ‘Aqilah bt
Mohd Jamil. This new product that we improvised which is an eco-ball with environmental
friendly packaging, which is water soluble wrapping that is attached with cardstock that
provides information for usage. By this, the product and the packaging itself won’t put be a
burden for the consumer to use it. With our intention and innovation, we hope to become a
part of people who making other people’s lives more better by using our product.
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INTRODUCTION
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1. Introduction
It is a new business. Do an eco-friendly packaging bag for products that are save to
the environment and more attractive.
1.3. Industry Profile
01/01/2020
i) Make improvement of the early plastic packaging bag into the modern and
practical one.
ii) All of us have the skills and ability to perform in business marketing and we
think that the eco-friendly and attractive packaging will attract a lot of people to
buy our product because people normally make a first impression based on the
visual first.
iii) Make the selection of labor. We want to hire 10 workers in our company. So,
our job management will be easier to implement.
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1.7. Future prospects of the business
i) We are expanding our product to the whole Malaysia and expect to bring the
product throughout the other country. So, we can gain our more profit and
improve our company.
ii) We will have our own regular customer. We have buyers of our product which
consist of housewife, farmer and animal breeder, agriculture and aquaculture
university or business. Our eco-friendly packaging will increase the production
when the demand is always higher and get a lot of customer’s request.
iii) Our company named which is “Microbes Alliances Enterprise” will be surely
known by every people in Malaysia. We are able to produce and make the
transformation of the normal plastic packaging. We also will improve our
product and add more brunch of our company not only in Malaysia but also in
Asia.
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PURPOSE
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2. Purpose of preparing the business plan
A business plan is a set of document prepared by the organization of the company that
show how we will operate our business. It provides a step-by-step guide as we start a new
business or grow our current company. It provides direction for every decision we make
going forward. It also can help us to maintain our company longer in nowadays marketing.
2.2. To apply for loans or financing facilities from the relevant financial
institutions
Business plan show the strength and the stability of the company especially when
applying for loans and to convince the investor towards providing funds or other
financial institution. It also serves as our company’s resume, explaining our
objectives to investors, partners, employees and vendors. A good business plan
clearly states the amount of capital we need to make the company work and where
the investment is coming from. It clarifies the means by which we will pay back
borrowed money, our sales forecast, spending budget, cash flow and how we will
invest profits.
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BUSINESS BACKGROUND
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3. Business Background
Website www.microbesalliances.com
E- mail microbesalliances20@gmail.com
3.1.1 Vision
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Our mission is to ensure that we create an eco-friendly packaging by using an
environmentally friendly materials with a modern design and at affordable
prices for customers’ comfort.
3.3.1 Logo
Logo description
Shape/Color Description
: Represent of nature which show that our products are
Green
eco-friendly and save to the environment.
: Represent that every person in our company are
Green Round
together to improve the production of our eco-friendly
Circle
products.
: Represent microbes that we used to make the Madid
Green leaves
Ball,
: Is our company name. We used white colour to
Microbes Alliances represent that our company are very honest in our
business and 100% trustworthy.
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3.3.2 Motto
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PARTNERSHIPS BACKGROUND
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4. Background of Partnership
i. Business management
Course Attended
ii. Leadership camp and Conference
Skills : Leadership and communication skills
i. Opened an online business that sell
various clothes and scarf
Experiences
ii. Worked as Business Analyst in
Neelofar Hijab
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4.2 Administration Manager
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Table 4.5 Background of Financial Manager
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LOCATION OF THE BUSINESS
5. Location of Business
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5.1. Physical location of the project
5.2. Building
Location
We decide to start our business in Lumut, Perak. Our business address is at
Pt 4127 Jalan Sultan Idris Shah,Lumut Waterfront, 32200 Lumut, Negeri
Perak. We choose this place as our business location because the source of
our materials can be easily obtained from nearby area.
Our business location also near with our target market which are the
farmers, botanists, gardeners, and housewife.
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MARKETING PLAN
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6. Marketing Plan
The MADID Ball is wrap separately with water soluble paper wrapping. Then, the
MADID Ball will packaging into burlap bag. There are three different size which depend
on the amount of MADID Ball contain inside the bag. The high resistant cotton rope
come along with cardstock at the side of bag.
Product Description
Features
Available in various amount (12pcs, 6pcs,3pcs)
Wrapped separately.
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Table 6.2.2 Product illustration
Farmer, animal breeder and theme park. Accelerate the pace of economic
development.
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6.3.1 Geographic Segmentation with explanation
Our product come out with three various amount such as 12pieces, 6pieces and
3pieces with 3000gm, 1500gm and 750gm of net weight. This is because different target
market has different demand of product. Maximum amount which is 12 pieces is more
prefer for agriculture and aquaculture also government agencies sector. Mostly, that
amount is equivalent for area of water sources with 6 feet/2m depth and 90x250 feet. For
agriculture, it can be use along the season until harvest and get benefit from total per crop
which increase per season. The 6 pieces which suitable for farmer, animal breeder and
theme park. Middle range of area used cause this population need half from the basic
amount of MADID ball. The other 3 pieces is match for small scale usage like household.
This is because only a small goods and appliance is used such as water heater and
aquarium. The effectiveness is retain for three weeks. Then, the procedure must be
repeated to make sure the water and aquatic organism also the habitat is preserved by
presence of healthy plankton. The cleaning effect come along with sustainable
environment after first usage.
The water soluble paper wrapping is made up from adhesive component which is
polyvinyl alcohol. It is not easily react with heat because of the high melting point (228°c).
The quality has been approved by Roberto Astete and Cristian Olivares as researchers
from Chile and supported by US Food and Drug Administration (FDA) (Steffen, 2019).
Next, the burlap bag is made from high quality materials which not harm the natural
environment. Based on United Nations Climate Change (UNCC), it states that eco-bag is
conserve the environment by harmlessly biodegrading after numerous uses (Climate
Action, 2019). There two types of burlap bag which made from jute or linen. Jute’s type is
from skin of the jute plant or sisal fibers that may be combined with other vegetable fibers
while linen’s type is a flax grows naturally and requires no additional water other than
rainwater, making it the most eco-friendly fabric. Because it’s a natural fiber, flax linen is
recyaclable and biodegrade. The whole flax plant can be used, leaving no wate. In
addition, there are a various size of ready made linen bag from the biggest (30x40cm) to
the smallest (8x10cm) in market. Thus, we choose type of linen fabric compared to jute
fabric which have a limited size only.
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6.4.1 Population table
6.4.1.1 Households.
Table 6.4.1.1 Households.
No of No of items Price/unit
Type of outlet Total
populations needed (unit) (RM)
Bukit Permata 5 166,950.00
1000 33.39
Apartment
5 166,950.00
PR1MA Lumut 1000 33.39
Segari 8 347,256.00
1300 33.39
Residents
18 681,156.00
TOTAL
Note:
1 unit = 1 pack
1 pack = 3 MADID ball
Price per pack = RM 33.39
No of items to Price/unit
Type of outlet No of Outlet Total
needed (unit) (RM)
Frenzy Water
1 20 39.39 787.80
Park Lumut
Marina Water
1 15 39.39 590.85
Park
Animals Training
and Husbandry 1 25 39.39 984.75
Center
Lumut Coconut
3 20 39.39 2,363.40
farm.
TOTAL 80 4,726.80
Note:
1 unit = 1 pack
1 pack = 6 MADID ball
Price per pack = RM 39.39
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6.4.1.3 Agricultural and Aquaculture University or business.
Table 6.4.1.3 Agricultural and Aquaculture University or business.
No of items to Price/unit
Type of outlet No of Outlet Total
needed (unit) (RM)
Lumut Malaysia
10
Fisheries Collage 1 51.39 513.90
(KPML).
Industry of Udang
25 20 51.39 25,695.00
Galah.
Lumut
Aquaculture Sdn. 1 8 51.39 411.12
Bhd.
Swee Sim
Agriculture 1 5 51.39 256.95
Farming Sdn. Bhd.
TOTAL 43 26,876.97
Note:
1 unit = 1 pack
1 pack = 12 MADID ball
Price per pack = RM 51.39
No of items to Price/unit
Type of outlet No of Outlet Total
needed (unit) (RM)
Lumut Fisheries
1 10 51.39 513.90
Complexes (LKIM)
Turtle Conservation
and Information 1 20 51.39 1,027.80
Center (LUMUT)
Federal Agricultural
Marketing Authority 6 5 51.39 1,541.70
(FAMA).
TOTAL 35 3,083.40
Note:
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1 unit = 1 pack
1 pack = 12 MADID ball
Price per pack = RM 51.39
6.5 Competitors
Rank No Competitors
1 EMRO Malaysia Sdn Bhd - EM.1 Mictobial Inoculant
2 Kasco Manufacturing Co Inc - Kasco Marine Macro-Zyme
3 SanoLife Sdn Bhd - Sanolife PRO-W
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6.6 Market Share
MICROBES
ALLIANCES SDN 10 859,011.80 -
BHD- MADID Ball
TOTAL 100 10
8,590,118.04
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6.7 Sales forecast
Table 6.7 Sales Forecasting
6.8.1 Product
For those who have a problem with water’s quality, no worries anymore. MADID Ball
come out with three amount that depend on your necessity. This product is efficient and
suitable for everyone whether a students, housewives and retirees. The cardstock that
attach with high resistant rope is practical both gender because it provide necessary
information including ingredients and instructions. The product labeling is also important
to allow consumers to know about the product. The MADID Ball is wrapped separately
with water soluble paper wrapping. It allow to retain the effectiveness of the product
compared without the wrapping. This does not effects the sale because the duration
which almost three weeks make the customer to repeat order for next month. The burlap
bag is made of biodegradable ingredient which is high quality linen fabric. This linen
fabric is breathable, soft, comfortable, washable, lighfast and antiseptic. This burlap bag
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which is pouch with cotton drawstring design is for easy fastening and avoiding loss of
items also durable.
6.8.2 Price
We are choosing perceived value method to determine the price of our product. This
is because our product is still new in the market. We are the first company which
distribute MADID Ball with eco-friendly concept. Our initial modal is RM24 only for MADID
Ball while estimation cost for packaging item is RM54.78. We take 50% of its which is
RM27.39 to include with MADID Ball’s price. As conclusion, our selling price is RM33.39
(3 pieces), RM39.39 (6 pieces) and RM51.39 (12 pieces). All stated price is exclude
postage. RM4.90, RM7.30 and RM11.50 is postage charge that corresponding to 3
pieces, 6 pieces and 12 pieces. The price is stil affordable and reasonable. However,
customer can directly purchase the product in walk in price which same as price without
postage from our office.
6.8.3 Place
We chose Lumut, Perak as our office and store because the location is very strategic
to our target customers. About three bank are located nearest the place such as
Maybank, Bank Simpanan Nasional and Ar Rahnu YaPEIM Lumut’s Branch. We believed
that there will be a huge turnout from customers that are keep to know about our
products. Furthermore, we will experience numbers of neighborhood that are located
around our shop also people who comes for holiday surround Lumut Waterfront Jetty
Wing.
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Distribution channel :
Consumers
6.8.4 Promotion
We will make a promotion of product with a great combo of amount and price during
end of the year. End of the year as well as for clearance stock. Therefore, it will increase
the sell in a year. Next, we will distribute 500 pieces of pamphlet to promote people and
premises nearby. Then, we will provide business cards that include our contacts for
further information of new product or any comment from clients. As usual media sosial
and network is the key of promotion such as Facebook, Instagram, Twitter, Pinterest also
make an official website. With the help from social media’s influencers who make paid
review can appointed the Youtube as another promotion stage.
Monthly Other
Fixed Assets
Item Expenses Expenses
(RM)
(RM) (RM)
Fixed Asset
2,500
Signboard
Working capital
1,000
Promotion and advertising
200
Paid review
Other Expenses
90
Pamphlet 80
Business Cards
TOTAL 2,500 1,200 170
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37
OPERATIONAL PLAN
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6 Operational Plan
Packaging Process
1) MADID ball is obtained from our supplier, EPB Global Resources by
post delivery.
2) MADID ball is packed in burlap bags according to its amount and
packaging size.
3) Label of packaging is tied to burlap bags.
7.1.3 Output
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7.1.4 Feedback
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7.2.2 Process flow chart
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Figure 7.2.2: Process Flow Chart
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Figure 7.2.3: Flow of Activity Chart.
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Figure 7.3: Layout based on process
Note:
(a) Households.
= 20,400 units/month
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(b) Farmer, animal breeder and theme park.
= 120 units/month
= 523 units/month
= 60 units/month
(a) Households
No. of output per month = 20,400
No. working days per month = 20
Number of output per day = No. Of output per month/ No. of working
days per month
= 20,400/20
= 1,020 unit/ day
45
(b) Farmer, animal breeder and theme park.
No. of output per month = 120
No. working days per month = 20
Number of output per day = No. Of output per month/ No. of working
days per month
= 120/20
= 6 unit/ day
(a) Household
= 128 unit/hour
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(b) Agriculture and Aquaculture University or business.
= 1 unit/hour
= 3 unit/hour
= 1 unit/hour
26 bags
1. MADID ball - 26 bags 1,091.20 28,371.20
(26,000)
Burlap bags
Burlap bags
3. 130 pcs 20 pcs 150 0.05 7.50
(27cmx32cm)
Burlap bags
4. 583 pcs 17 pcs 600 0.04 24.00
(30cmx40cm)
1 bulk
High-resistant jute 6 bulk
6. (125 7 3.00 21.00
rope (125 pcs)
pcs)
11 bulk 1 bulk
Water soluble paper
7. (6000 (6000 12 6.00 72.00
wrapping
pieces) pieces
TOTAL 29,000
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Note:
1 bag of MADID ball = 1000 pieces
1 pieces of high resistant rope = 100 m per pieces
1 box of cardstock = 700 pieces of cardstock
1 piece of water soluble wrapping = 110 cm x 1m
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Planned Rate of Production per day X Standard production time
Machine productive time per day
= 1,055/360 min (6 hours x 60 minutes) X 0.03 min
= 0.09 @ 1 industrial label printer.
Machine No of machine
Paper trimmer machine
Machine Supplier
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Malaysia
Total Cost
Price/unit
Item Quantity Monthly
(RM)
(RM)
TOTAL 2,039.00
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7.7.1 Organization Chart for Operation Department
Operational Manager
Nurul Hadirah bt Mohamad Ashraf
Operator:
= 0.66 @ 1 operator.
Position No of personel
Operational manager 1
Operator 3
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Position Task and Responsibilities
Operational Manager Inspect all the raw materials received from
suppliers.
Check the quality of finished product.
Check the quality of packaging such as endurance
of packaging to surrounding and correct amount of
MADID ball in a packaging and ensure
Inform to operator about the damaged goods.
Record all the damaged goods.
Contact supplier if there is damage in raw materials
received.
Calculate and record the flow of raw materials in
and out of storing room.
Check the quality of raw materials stored in storing
room.
Operator Pack all the MADID ball according to its amount
and packaging size
Use paper trimmer to cut the soluble water paper
according to its size in order to wrap the MADID
ball.
Use the industrial label printer to print out the label
require for each packaging
Assist in moving of raw materials in and out of
storing room.
EPF
SOCSO
Monthly Contribution Amount
Position No . ( 1.75% )
Salary (RM) (13%) ( RM )
(RM)
(RM)
500.00 x 3 =
Operator 3 195.00 26.25 1,721.25
1500
TOTAL 1,721.25
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7.8.1 Operations Overhead (indirect labour/indirect material /insurance
1. Electricity 3,000.00
2. Water 1,000.00
3. Rental 3,000.00
4. Telephone 540.00
5. Internet 500.00
9. Machinery 7,476.00
TOTAL 16,266.00
Total Operation Cost = Direct Material Cost + Direct Labor Cost + Overhead Cost
= 29,000 + 1,721.25 + 16,266.00
= RM 46,987.25
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7.11 Productivity Index (PI)
Productivity Index = Total value of Output (Sales forecast per month) - (sales)
Reachable: The area of the building is close to the city’s main attraction area
consist of many people and other facilities.
Climate: Lumut’s weather is usually hot and humid during the day where
operation hour is done.
Price of rental: Price of rental is suitable with the standard market price.
Infrastructure: Buildings are in well condition, reachable roads and power supply.
Business hour = 9 hours per day (8.00 a.m until 5.00 p.m), including Lunch Hour
(1.00 p.m until 2 p.m)
Operating hour = 8 hours per day (8.00 a.m until 4.00 p.m), including Lunch Hour
(1.00 p.m until 2 p.m)
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Building license can be applied at Manjung City Council.
Vehicle license for marketing van can be applied at JPJ Sri Manjung.
Monthly Other
Expenses Expenses
Item Fixed Assets
(RM) (RM)
Fixed Asset
Machine 2,039.00
Vehicle 80,000
Equipment 4,505.50
Working Capital
16,266.00
Overhead
1,721.25
Salary
29,000
Materials
Other Expenses
500.00
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Licenses
1,000.00
Insurance & Road tax
Pre-Operations
Business Registrations
60.00
57
ADMINISTRATION PLAN
58
8. Administration Plan
General Manager
Izni Shafiqah bt Mohd Razi
Clerk Accountant
Arifah bt Ahmad Nurul Hadirah bt
Damahuri Mohamad Ashraf
Table 8.2 List of Personnel (GM + Head and workers of Administration and Finance
Department)
Position No of Personnel
General Manager 1
Administration Manager 1
Clerk 1
Financial Manager 1
Accountant 1
Clerk
Clerk 59
Arifah
Arifah
bt bt
Ahmad
Ahmad
Damahuri
Damahuri
TOTAL 5
Table 8.3 Task and Responsibilities (GM + Head and workers of Administration and Finance
Department)
60
8.4 Schedule of Remuneration
SOCSO
Monthly EPF
Contribution
Salary Contribution Total
Position Quantity (1.75%)
(RM) (13%) (RM)
(RM)
(RM)
General
1 2,500.00 320.00 43.75 3,442.50
Manager
Administration
1 1,500.00 195.00 26.25 1,721.25
Manager
Marketing
1 2,000.00 260.00 35.00 2,295.00
Manager
Financial
1 1,500.00 195.00 26.25 1,721.25
Manager
Accountant 1 2,000.00 260.00 35.00 2,295.00
Price/Unit Total
Type Quantity
(RM) (RM)
Table 5 150.00 750.00
Air conditioner
5 1,860.00 9,300.00
(Panasonic)
Total 22,977.00
61
Table 8.5.2 List of Office Supplies
Price/Unit Total
Type Quantity
(RM) (RM)
Total 258.20
Monthly Other
Fixed Expenses Expenses
Item
Assets (RM) (RM)
Fixed Asset
22,977.00
Furniture
Working capital
Office supplies
Salary, EPF, 258.20
SOCSO 11,475.00
Other Expenses
Maintenance 1,000.00
TOTAL
22,977.00 11,733.20 1,000.00
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FINANCIAL PLAN
63
9 Financial Plan (Arial 12, BOLD)
The total project cost spends by Microbes Alliances Sdn. Bhd. is 276,771 MYR
which is divided into two; capital expenditure and working capital with total of
135,891 MYR and 140,880 MYR respectively. In this company, capital invested can
be divided into monthly and annually. For Sales and Marketing Department, the
capital invested is 1,200 MYR, General and Administrative Department spent 35,858
MYR and Operations and Technical Department spent 23,247 MYR each month. For
annually payment, the expenditure spent is 1,000 MYR for insurance and road tax
under Operations and Technical Department and RM 170 is spent under Sales and
Marketing Department. Pre-Operating and Incorporation Costs which is paid in one-
off payment is 65,805 MYR including development cost, business incorporation,
deposit for rent and utilities and other pre-operating and incorporation costs.
From the cash flow we proposed, we can see that sales are increasing. This is
because our customer will continuously purchase the product for nutritions of their
fishes, animals or even plants. In October, November and December, the sales is in
high demand because of near to end of the year which means Agriculture and
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Aquaculture University will be needing it for their projects. Other than that, customers
might want to buy the product when there is National Fish Farmers Day.
Own Contributions
Hire-
Capital Expenditure Cost Existing F. Loan
Purchase
Cash Assets
Land & Building
-
Office Equipment
-
Furnitures and Fittings 22,977
22,977
-
-
Signboard 2,500
2,500
-
-
Machine 2,039
2,039
Vehicle (Van) 80,000
80,000
Equipment 4,506
4,506
-
Working Capital
Sales & Marketing Costs
1,200
(monthly) 1,200
General & Administrative 11,733
67
Costs (monthly) 11,733
Operations & Technical Costs
30,721
(monthly) 30,721
Pre-Operating &
Incorporation Costs (one- 16,326
off) 16,326
Other Expenditure
2,670
(annually) 2,670
Provision for Contingencies 8,600
8,600
68
9.4 Loan and Hire Purchase Depreciation Schedule
(refer excel)
71
Carriage Inwards & Duty
Less: Ending Inventory 8,590 18,898 32,600
339,410 147,499 167,777 #VALUE! #VALUE!
72
Accumulated Income 317,462 912,890 1,629,874 #VALUE! #VALUE!
477,757 1,073,185 1,790,169 #VALUE! #VALUE!
Long-Term Liabilities
Loan Balance 21,150 19,232 17,218
Hire-Purchase Balance #VALUE! #VALUE!
21,150 19,232 17,218 #VALUE! #VALUE!
Current Liabilities
Accounts Payable
TOTAL EQUITY &
498,907 1,092,418 1,807,387 #VALUE! #VALUE!
LIABILITIES
LIQUIDITY
Current Ratio NA NA NA
Quick Ratio (Acid Test) NA NA NA
EFFICIENCY
Receivable Turnover NA NA NA
Inventory Turnover #VALUE! #VALUE! #VALUE!
PROFITABILITY
Gross Profit Margin 60.49% 84.39% 84.56%
Net Profit Margin 36.96% 63.01% 65.98%
Return on Assets 63.63% 54.51% 39.67%
Return on Equity 66.45% 55.48% 40.05%
SOLVENCY
Debt to Equity 4.43% 1.79% 0.96%
73
Debt to Assets 4.24% 1.76% 0.95%
Time Interest Earned 275 562 745
CONCLUSION
74
Our product, MADID balls has provide great benefits to consumers and to our
environment. By this, we hope that MADID balls will be the most preferred product that can
be used by all parties such as households, farmers and animal breeder. It is proved that this
product is very useful as it only needs a small amount of appliance and the effectiveness is
already present.
In a nutshell, with our intention and innovation, we hope to become parts of people
who are making other people’s lives more convenient and easier by using our product. We
will always provide full responsibility and commitment upon this product to be developed into
a more exclusive brand or material in the future. Other than that, we would take any chance
that directly and indirectly increases our business performance in the future.
75
REFERENCES
76
EMRO MALAYSIA. (2018). Retrieved October 27, 2019, from Effective Microorganisms:
https://emromalaysia.n.my/
Climate Action. (2019, October 21). Retrieved from Ecobags – Innovative, Eco-Friendly
Paper Bags by Pahal: https://unfccc.int/climate-action/momentum-for-change/activity-
database/momentum-for-change-ecobags-innovative--eco-friendly-paper-bags-by-
pahal
Info@inveaquaculture. (n.d.). Retrieved October 27, 2019, from Sanolife PRO-W:
https://www.inveaquaculture.com/product/sanolife-pro-w/
Kasco Marine. (n.d.). Retrieved October 27, 2019, from Macro-Zyme Beneficial Bacteria:
https://kascomarine.com/products/biologics-additives/macro-zyme/
Steffen, A. D. (2019, August 3). Intelligent Living. Retrieved from New Non-plastic Bags
Dissolve In Hot Or Cold Water In Minutes And Are Safe To Drink:
https://www.intelligentliving.co/biodegradable-bags-dissolve-water-minutes/
Cara Daftar SSM Secara Online. (2019, May 24). Retrieved from PANDUAN :
https://www.panduanmalaysia.com/cara-daftar-ssm/
Cara Pengiraan Kadar Caruman KWSP & SOCSO 2019. (2019, February 13). Retrieved
from Semakan Online: https://semakanonline.com/kadar-caruman-kwsp/
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APPENDICES
78
Figure 1: Product of Competitor 1 Figure 2: Product of Competitor 2
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PARTNERSHIP AGREEMENT
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