Scribd Logo
Upload

Welcome to Scribd!

  • 3 views

    Table EE

    Uploaded by

    Ting Shen

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Table EE

    Uploaded by

    Ting Shen
    3 views6 pages

    Original Title

    Table EE (1) (1) (2)

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    3 views6 pages

    Table EE

    Uploaded by

    Ting Shen

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 6

    EXERCISE 1

    1) Risk Management
    - Entrepreneurs can identify and evaluate potential risks and develop mitigation
    strategies through developing a business plan.
    - A business plan reduces risks and improves the probability of long-term
    success.

    2) To convince relevant parties for funding acquisition


    - A well-written business plan is typically required when seeking funding from
    investors or financiers.
    - It increases chances of procuring funding by bolstering the entrepreneur’s
    credibility and demonstrating the potential return on investment.

    3) Guideline for Operational Direction


    - A business plan acts as a road map for the company’s ongoing activities.
    - The strategy aids business owners on focusing, prioritising activities, and
    tracking their success.
    EXERCISE 2

    ⦁ INTRODUCTION
    - Name of the firm: The Cooking House Café
    - Type of business: Café with a focus on culinary experiences and recipe-sharing community
    - Industry profile: Food and beverage
    - Location: Lot 397 & 398, Jalan Segemal, Kampung Pokok Keras, 13400 Butterworth, Pulau
    Pinang, Malaysia
    - Criteria considered for venture: Unique culinary experiences, strategic location, absence of
    similar cafes in the area
    - Prospects: To become the leading destination for food lovers and a hub for a recipe-
    sharing community

    ⦁ PURPOSE
    - Objective: To establish The Cooking House Café as the preferred cafe in Malaysia for a
    delightful culinary experience
    - Intent of the business plan: To secure funding, provide information, and serve as a guide
    for running the business

    ⦁ COMPANY BACKGROUND
    - Name: The Cooking House Café
    - Business Address: Lot 397 & 398, Jalan Segemal, Kampung Pokok Keras, 13400
    Butterworth, Pulau Pinang, Malaysia
    - Activities: Culinary experiences, recipe-sharing, cafe services
    - Date of Registration: October 10, 2023
    - Registration Numbers: Registered with SSM (Suruhanjaya Syarikat Malaysia)

    ⦁ LOCATION OF THE BUSINESS


    - Physical location: Lot 397 & 398, Jalan Segemal, Kampung Pokok Keras, 13400
    Butterworth, Pulau Pinang, Malaysia

    ⦁ ADMINISTRATIVE PLAN
    - Introduction to the organisation:
    Vision: To be the leading destination for food lovers and welcoming those who wish to be a
    part of our recipe-sharing community.
    Mission: To be the first choice cafe in Malaysia which offering a delightful culinary
    experience.
    - Schedule of Tasks and Responsibilities:
    Owner
    • Location and Space Selection
    • Overall business strategy (branding, pricing, and target market.)
    • Reviews financial statements and makes high-level financial decisions
    • Identifying and managing risks
    Cafe Manager
    • Managing the daily operations of a cafe
    • Ensure excellent customer service
    • Health and Safety Compliance
    Front of House Manager
    • Overseeing staff
    • Ensuring customers receive quality front of house service
    • Maintaining order and cleanliness
    Inventory and Supply Manager
    • Plan and coordinate the ordering of supplies to meet the cafe's demand
    • Ensure that all incoming inventory meets quality standards and safety regulations
    • Develop strategies to minimize food waste
    Human Resources Manager
    • Creating hiring plans for staff
    • Develop and implement employee training programs
    • Ensuring compliance with labour laws and regulations
    Head Chef
    • Menu Planning
    • Controlling and directing the food preparation process
    • Overseeing kitchen staff
    • Ensuring the quality of food items
    Assistance Chef
    • Assist the head chef as necessary.
    • Prepare all ingredients for the daily menu
    • Collaborate with the Head Chef to create and update the cafe's menu.
    Event Coordinator
    • Sourcing, planning, and executing specials events.
    • Promote the cafe's event.
    Barista
    • Prepare and serve high-quality coffee and beverages to customers.
    • Clean work areas, coffee machines, equipment, and tables
    Waiter
    • Welcoming and seating customers
    • Take and serve food/drinks orders.
    Cashier
    • Managing financial transactions
    • Ensuring smooth and accurate payment processes

    ⦁ MARKETING PLAN
    - Product or Service Offered: Various Western dishes, beverages, and desserts
    - Target Market: Cooking enthusiasts, food lovers, local community
    - Sales Forecast: - RM 25123.00
    - Marketing Strategy: Utilising Facebook and Instagram for advertising

    ⦁ OPERATIONS PLAN
    - Process Flow Chart: -

    - Material Requirements: -
    Yellow Onion
    Potato
    Button Mushroom
    Oyster Mushroom
    Chicken Bacon
    Butter
    Sugar
    Salt
    Soy Sauce
    Black Pepper
    - Manpower Requirements: -
    Café Manager
    Front of House Manager
    Inventory and Supply Manager
    Human Resources Manager
    Head Chef
    Assistance Chef
    Event Coordinator
    Barista
    Waiter
    Cashier
    - Operations Layout Plan: -

    - Location of Operation: - Lot 397 & 398, Jalan Segemal, Kampung Pokok Keras,
    13400 Butterworth, Pulau Pinang.

    ⦁ CONCLUSIONS
    - Summary of important elements and the main goal of the business plan: To establish The
    Cooking House Café as a leading destination for food lovers and a recipe-sharing
    community hub. Information on financial aspects and specific conclusions -
    Items Cost (RM)

    Shampoo 1140

    Polishing Material 1725

    Brushes and sponges 750

    Total 3615
    Direct Variable Cost/ Material Cost

    Items Cost (RM)

    Workers salary 11520


    Direct Labour Cost/Direct variable labour cost

    Items Cost (RM)

    Rent 900

    Utilities 1800

    Depreciation 1050

    Petty Expenses 450

    Supervisor salary 1500

    Total 5700
    Fixed Cost

    Items Cost (RM)

    Variable Cost/ Material Cost 3615

    Labour Cost 11520

    Fixed Cost 5700

    Total 20835
    Overall Total Cost
    Cost Per Unit
    RM 3615+ RM 11520+ RM 5700
    300
    ¿ RM 69.45
    Break Even Point (Quantity) : Break Even Point (RM) :
    Total Cost Margin
    Variable Cost per Unit
    Total Variable Cost per Month(RM ) = Total Sales per Month (RM) –
    ¿
    Quantity per Month(Units) Total Variable Cost per Month (RM)
    RM 3615+ RM 11520
    = 300
    = ( RM 80 ×300 )−( RM 3615+ RM 11520 )
    = RM 8865.00
    = RM 50.45

    Contribution Margin Ratio


    Break Even Point ( Quantity ) Total Cost Margin (RM )
    ¿ ¿
    ¿ Total ¿ Cost per Month ( RM ) Total Sales per Month(RM )
    ( Selling Price−Variable Cost per Unit )
    RM 8865
    RM 5700 =
    = RM 80−RM 50.45 RM 24000
    = 0.3694
    = 192.89 units

    Break Even Point ( RM )


    ¿ Total ¿ Cost per Month(RM ) ¿
    Contribution Margin Ratio
    RM 5700
    =
    0.3694
    = RM 15430.43

    You might also like