FACULTY OF ACCOUNTANCYDIPLOMA IN ACCOUNTANCY
(AC110)ACD6BaFUNDAMENTALS OF ENTREPRENEURSHIPENT 300
BABUSSALAM ENTERPRISEPRAY EZZIPREPARED FOR:MADAM SARAH MARDHIAH
BINTI SELAMATPREPARED BY:1. NUR ALIFAH ILYANA BINTI
RODZI20122135522. NOOR IZZATIBINTI NAZARI 20128019083. NURUL ATIQAH
AMELIA BINTI CHE YAHAYA 20124. AIN SOFIYYAH BINTI OTHMAN 2012
LETTER OF SUBMISSION
Diploma In AccountancyFaculty Of Accountancy,University
Technology MARA,Kampus Arau,02600Arau,Perlis
Madam Sarah MardhiahbintiSelamatLecturer of Fundamentals of
Entrepreneurship (ENT 300),Faculty of Business Management, Mara
University of Technology,Kampus Arau,02600 Arau,Perlis.. 6 APRIL
2015
Dear Madam,SUBMISSION OF BUSINESS PROPOSALReferring to the
matter above,Babussalam Enterprise would like to submit our
business plan for your analysis, evaluation and references
Babussalam Enterprise business partners and the site address are as
mentioned below:Details of the partners are as follow:
1. Nur Alifah Ilyana Binti Rodzi 20122135522. Noor Izzati Binti
Nazari 20128019083. Nurul Atiqah Amelia Binti Che Yahaya 20124. Ain
Sofiyyah Binti Othman 2012
Business address:LOT 100, JALAN KEPALA BATAS,MUKIM BUKIT
TINGGI,06000 JITRA, KEDAH.We hope that our business plan will
satisfy your requirement for our subject Fundamentals of
Entrepreneurship (ENT300). We also hope that our business plan will
give huge benefits to those who are interested in doing the same
business venture. Thank you.Yours faithfully,
.........................................
(NUR ALIFAH ILYANA BINTI RODZI) GENERAL MANAGER, BABUSSALAM
ENTERPRISE
ACKNOWLEDGEMENT
Acknowledgement
First and foremost, we praise Allah S.W.T. that we are able to
finish this business plan. In addition, without the cooperation
among members,we will nevermanage to finish this proposal on
time.We are deeply indebted to our lecturer, Madam Sarah Mardhiah
binti Selamat who were always helping us to improve and give
guidelines to assist us in finishing our assignment and she gives
us useful information. Without it, we were unable to complete this
business plan.Our special thanks to our friends as they give us
support no matter what terms such as financial and emotional
support.Last but not least, to our group members as they sacrifice
their time, gave brilliances idea and give full commitment in doing
this business plan. Lastly, for those who are involved with this
project directly or indirectly, especially for our parents we are
very grateful to them as we are managing to complete our business
plan. Thanks so much for all of you.
TABLE OF CONTENTS
Table of ContentLETTER OF SUBMISSIONACKNOWLEDGEMENTTABLE OF
CONTENTEXECUTIVE SUMMARY1 INTRODUCTION1.1 Name of Business1.2
Nature of Business1.3 Industry Profile1.4 Location of the
Business1.5 Date of Business Commencement1.6 Factors in Selecting
the Proposed Business1.7 Future Prospects of the Business
2 PURPOSE2.1 To evaluate the project viability and growth
potential2.2 To for loans or financing facilities from the relevant
financial institutions2.3 To act as a guideline for the management
of the proposed business2.4 To allocate business resources
effectively
3 BUSINESS BACKGROUND3.1 Vision and Mission3.2 Organization
Chart3.3 Logo and Moto
4 BACKGROUND OF PARTNERSHIPS5 LOCATION OF BUSINESS6 MARKETING
PLAN7 OPERATIONAL PLAN8 ADMINSTRATION PLAN9 FINANCIAL PLAN
10 APPENDICES11 PARTNERSHIP AGREEMENT
EXECUTIVE SUMMARY
EXECUTIVE SUMMARYBabussalam Enterprise is a new business company
that selling tayamum powder which is Pray Ezzi product. This
Tayamum powder was produce especially for people whom are travel,
paralyzed patient, and patient who cannot be exposed with water and
for them who need to samak. The benefit of this product is the
product are anti-septic naturally. Pray Ezzitayamum powder is safe
and free from chemicals and preservatives because it is 100% pure
dust. Other than that, our strategic focus is to maintain great
quality of our product. Why do we choose tayammum powder or Pray
Ezzi? This is because of high demand among the users and customers
which are most of them want to perform the prayer and samak
something easily as prayer is fardhu ain in Islam which is one of
the obligation for Muslims. Based on our research, although it have
high demand among them but the product is always out of stock so
our company try to solve the problem with enter the market with
satisfying their demands. As in the certain area many people hard
to get the tayammum powder. We produce the best quality of tayamum
dust to our client and customers.To make it more attractive,
interesting and easy for consumers, we decided to pack it in the
compact container. This innovation comes from compact powder. As we
know nowadays the compact powder container became popular among
people as it so easy to use or ready to use. We have done some
research and Malaysia is one of the developed country and quite
busy during day time. So, with our tayammum powder this is ready to
use as they can use it anytime.Babussalam Enterprises marketing
strategies is to emphasize the quality of Pray Ezzi that we provide
and the availability of our services. Other than that, we will
widen our territory in all Malaysia area. As now our company still
new so we are focusing in northern area like Kedah and Perlis. Our
service will be provided by our members and a worker that we hired.
The competitors that are in the same field aimed as ours is June
Cliff which they collect RM 587,440 per year before our entrance.
After our entrance the price will be RM 493,010. Based on the size
of our market and defined market area, our sale for the first year
is RM 1,635,816. The salary of the worker is RM 800. In the future,
around ten years after this business established, our target is to
add more workers, and to expand our site in Malaysia as well as to
the international.
INTRODUCTION
1. Introduction1.1. Name of the BusinessThe name of the business
is Babussalam Enterprise is the official sales and marketing for
high quality. The significance for the name Babussalam as our
business name is, Babussalam represent the name of one door in
Makkah that when we entrance through the door we will feel so
happy. This is because when we entrance through Babussalam door we
can see straight forward the Kaabah.
As well as our product which is Pray Ezzi, we also want our
customers who are especially whom are sick using this tayamum
powder. For sure our customers can perform the prayer or samak
easily. That is the history why we put the name of our company as
Babussalam. Tayamum powder from our company is high quality that we
are producing as we believe that quality is the most important
things in our business. We also want our customers to be satisfied
with our product and can be loyal customers.
1.2. Nature of BusinessThe nature of Babussalam is to make ease
Muslim people life and the reason why we choose to do this business
because we believe that Malaysian people really need it as one of
the items that can make the easiest way for people to be used in
the process of Tayamum for the traveler, paralyzed patients and
patients should not be exposed to water for their prayers. Other
than that this powder act as a natural anti-septic
user-friendly.
1.3. Industry ProfileTayamum sector in Malaysia is not well
known in Malaysia to do in the marketing as other countries better
especially in making profit. We chose to try and challenge to make
a difference because of the reason. The main ingredient that needed
in producing Pray Ezzi is 100% pure clay processed dust, which we
get from Beautiful Sand (BS). Partnership is used in this business
plan.
1.4. Location of the businessOur business company is located at
Lot. 100, Jalan Kepala Batas, Mukim Bukit Tinggi, 06000 Jitra,
Kedah. Moreover, we were exposed to public. The strategic parking
spaces and the spaces for the entrance for goods giving us
advantages in our business daily either in management or sale
perspective.
1.5. Date of business commencementThe date of our business
commencement is on 1 JANUARY 2015.
1.6. Factor in selecting the proposed businessThe factor in
selecting Tayammum powder as our business prospect because of it
has high demand. Next, we are very delightful to make our product
so that people will be more flexible as they will have interest in
buying it.
1.7. Future prospects of the businessOur expectation for this
product based on the business for the upcoming 10 years is that we
have stable as well as strong management in the business that can
gain more profit but not ignoring the quality. All of these can be
achieved by introduce a flexible product that will open the eyes of
the Malaysian and the world as this product is necessity for them.
This 10 years plan will generate more income for us and make
Malaysia better known throughout the world as we can make the world
believed that Malaysia can do what they do best as we are not
falling in the marketing.
PURPOSE
2. Purpose of preparing the business plan2.1. To evaluate the
project viability and growth potentialA business plan is written
document that serves as a blueprint and guide for a proposed
business project that one intends to undertake. The reason why we
do the business plan are to allow our team members to think more
critical and creative as well as practical way of business that we
have chosen which is partnership. By making the business plan, we
can review all the aspect in more detail manner. For starting the
business, we cannot ignore the most important aspect such as
finance, marketing, administrative, and operational that relevant
in the establishments of a business. In Babussalam, we use this
business plan to carefully examine all the details starting from
the basic which is marketing. We identified from the beginning by
who are our customer targets, where are the place that is the most
suitable to market our product and more. Thus, this helps us in
marketing process and shows us that most people need this product
especially for Muslim in Malaysia but this product is produce lowly
in market. Thus, make this product as a marketable product. This
allows us to have good understanding about the particular business.
Next, we can see a clear way about what step and action can we
chose or must take to make the business become more realistic and
practical.
2.2. To apply for loans or financing facilities from the
relevant financial institutionsEach financial institution would
have different loan application forms and loan application
checklists. However, most financial institutions require similar
documents for verification and evaluation.
2.3. To act as a guideline for the management of the proposed
businessBusiness plan consists of theory part of each aspect that
we need to master in order to make the venture is profitable. In
making the plan become real, planning and strategies are needed as
guideline in making any decision that can affect the business
development from time to time. In Babussalam Enterprise, we see the
business plan as primary resource for us to do things that occurs
in our business. Next reason is to allocate business resources
effectively.
2.4. To allocate business resources effectivelyAs a new
business, a financials matter is very critical to handle in most
effective way. The resource is quite limited since we are new in
the industry and a lots of money are needed for our effort to
become establish partnership in the competitive industry. The
business plan allowed us to make clear an effective plan o how we
will send our resources in most effective manner. This is important
to avoid any wasteful of resources such as fixed asset that we owed
is allocate in effective manner.
BUSINESS BACKGROUND
3. Business BackgroundTable 3.1 Business BackgroundName of the
BusinessBabussalam Enterprise
Business AddressLot. 100, JalanKepala Batas, Mukim Bukit Tinggi,
06000 Jitra, Kedah.
Correspondence AddressLot. 100, JalanKepala Batas, Mukim Bukit
Tinggi, 06000 Jitra, Kedah.
Websitewww.babussalamentp.com
E- [email protected]
Telephone Number03-56323300
Fax Number03-56323300
Form of BusinessPartnership
Main ActivityTayamum powder product
Date of Commencement1st January 2015
Date of Registration31st December 2015
Registration NumberA3C5A94013
Name of BankCIMB bank
Bank Account Number0000-5426-4847-13
3.1Vision and Mission3.1.1VisionTo become one of the bumiputra
business that produce the products and service that can fulfill the
want of the customer. The Babussalam Enterprise will stand and
create an efficient of the operation management in becoming
national business in 20 years from the date it was establish.
3.1.2MissionOur mission is to get more profit by supplying the
best quality and ready to use tayammum powder in whole Kedah and
Perlis area and widen our territory to all Malaysia year by year.
We also need efficient in handling the operation of administration
to avoid waste especially when involve with financial resources
labor, equipment and capital that we invested. Plus, we will alert
and aware regarding the feedback from the customers as we believed
that this medium where we can improve as well as upgrade the
products and services by time to time.3.2Organizational Chart
3.3Logo and Motto3.3.1Logo
The whole logo describe that our product is the besttayamum
powder for Muslim to perform worship. We believe that we are not
the first but we are the best in producing quality and ready to use
container oftayamum powder.Below is our logo description:The word
Babussalam - is to show our company name and the trademark of our
shop.The mosque- to show our product comes to make Muslims people
easy in doing their ibadahThe color to shown the color of pure
dust.The stars to show that our strength either friendship or
working together is good as shine bright like stars.
3.3.2MottoPray easy.
PARTNERSHIPS BACKGROUND
4. Background of Partnership4.1 General Manager
Table 4.1 Background of General ManagerName of
PartnersNurAlifahIlyanaBintiRodzi
Identity Card Numbers940130-02-5426
Permanent Address No 1, Kg. AlorRambai, 06000 Jitra, Kedah.
Correspondence AddressLot. 100, JalanKepala Batas, Mukim Bukit
Tinggi, 06000 Jitra, Kedah.
E- [email protected]
Telephone Number/Fax Number013-4855862
Date of Birth30th January 1994
Marital StatusSingle
Academic QualificationSPM , Diploma in Business
Course AttendedAccountancy
SkillsGood in giving advises
Experiences1 year
Present OccupationGeneral Manager
Previous Business ExperienceManaging small business
4.2 Administration Manager
Table 4.2 Background of Administration ManagerName of
PartnersNur Alifah Ilyana Binti Rodzi
Identity Card Numbers940130-02-5426
Permanent Address No 1, Kg. Alor Rambai, 06000 Jitra, Kedah.
Correspondence AddressLot. 100, Jalan Kepala Batas, Mukim Bukit
Tinggi, 06000 Jitra, Kedah.
E- [email protected]
Telephone Number/Fax Number019-6780023 / 03-36789022
Date of Birth23th November 1990
Marital StatusSingle
Academic QualificationSPM , Diploma in Business
Course AttendedComputer Science
SkillsSpeaking English
Experiences1 year in Admin Department and 1 year in Account
Department at
Present OccupationAdministration Manager
Previous Business ExperiencePromoter
4.3 Marketing Manager
Table 4.2 Background of Administration ManagerName of
PartnersNoor IzzatiBintiNazari
Identity Card Numbers940627-10-6264
Permanent Address 1-15 Pngsapuri Tmn Sri Mewah,Kajang
Correspondence AddressLot. 100, Jalan Kepala Batas, Mukim Bukit
Tinggi, 06000 Jitra, Kedah.
E- [email protected]
Telephone Number/Fax Number0125493085
Date of Birth27/06/1994
Marital StatusSingle
Academic QualificationDiploma in Business Management
Course AttendedEntrepreneurship Course by MITI
SkillsEnglish and Malay communication
ExperiencesCashier in 7 Eleven
Present OccupationMarketing Manager of Babussalam Sdn Bhd
Previous Business ExperienceSales promoter in kiosk.
4.4 Operation Manager
Table 4.4 Background of Operation ManagerName of
PartnersNurSyahirahBintiZulkifli
Identity Card Numbers930504-10-6658
Permanent Address No 3, JalanPahlawan 13/3, Seksyen 3, Bandar
MahkotaCheras
Correspondence Addresss0332, 2nd Floor, Mid Valley City,
LingkaranSyek Putra, 59200, Kuala Lumpur
E- [email protected]
Telephone Number/Fax Number0132833754
Date of BirthMay 04th, 1993
Marital StatusSingle
Academic QualificationDiploma in Computer Sciences
Course AttendedEntrepreneurship Course by MITI
SkillsEnglish and Malay communication
Experiences6 month as cashier at SMART Bookstore
Present OccupationOperational manager of Comnail Enterprise
Previous Business ExperienceCashier at SMART Bookstore,
Operating small business
4.5 Financial Manager
Table 4.5 Background of Financial ManagerName of PartnersNur
Syafiqah Binti Zulkifli
Identity Card Numbers940504-10-6656
Permanent Address Lot 33/2 Jalan Teratai, Sungai Ramal Dalam,
43000 Kajang, Selangor Darul Ehsan
Correspondence AddressS0332, 2nd Floor, Mid Valley City,
Lingkaran Syek Putra, 59200, Kuala Lumpur
E- [email protected]
Telephone Number/Fax Number0132833750
Date of BirthMay 04th, 1994
Marital StatusSingle
Academic QualificationSPM, Diploma in Science Computer
Course AttendedFinancial training in Bank Negara Malaysia
SkillsJapanese, English and Malay Language communication,
Graphic editing
Experiences6 month as promoter at Uneed Fashion
Present OccupationFinancial manager of Comnail Enterprise
Previous Business ExperiencePromoter
LOCATION OF THE BUSINESS
5. Location of Business5.1. Physical location of the project
In planning our business, we decided to operate our business at
Jitra City, Kedah as the location is near the Perlis. As our
company goal is to market our product in northern area.
5.2. Building
Our business is a Semi-furnished shop for 170 sf as the rent
cost is RM7,500.00per month.
5.3. Basic amenities The water source is taken from SADA.
Electricity is approved by Tenaga Nasional Berhad (TNB). We chose
TNB because it is the largest power supply in Southern Asia. In
addition, we can pay the bill in many ways such as using cash and
credit card. Communication lines also have been approved by TM. We
chose TM because it provides our company with communication and
internet as it will be easy to use for our customer. The internet
is very useful as we can create our own company website and
customer can check the stock of our product.