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0 ACKNOWLEDGEMENT
Assalamualaikum,
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on subject ENT300 which is Fundamental of Entrepreneurship. She never neglected to treat our
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to complete this assignment. Hopefully that, this assignment will be the best assignment.
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Chapter 1: Introduction
CHAPTER 1: INTRODUCTION
INTRODUCTION TO THE BUSINESS
i.
Name of the business
: KINGCOCO CRAFTS
ii.
Nature of business
: PARTNERSHIP
iii.
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Industry profile
: CRAFTING
iv.
Business Location
: BANDAR UNIVERSITI, SERI ISKANDAR
v.
Date of commencement
: 19TH DECEMBER 2016
Factors in selecting the proposed business:
Profit
Expand crafting in business industry
Bring variation in crafting industry
vii. Future prospect of business:
To make crafting product in Malaysia reach in the worldwide market
Create job opportunity for community especially to youth who like art .
Exposing the richness of Malaysia’s nature material to the world.
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PURPOSE OF BUSINESS PLAN
To allow the entrepreneur to view and evaluate the proposed business venture in an objective,
critical and practical manner
To analyze and evaluate the viability of a proposed venture and
To convince relevant parties of the investment potential of the project and to show the possibility of
making profit from the business.
As a guideline for managing the business to make a successful entrepreneur and
To allocate business resources effectively and to maintain the sustainability and
BUSINESS BACKGROUND
i.
Name of the business
: Kingcoco Crafts
ii.
Business address
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: Jalan Lb 1 , Taman Iskandar Bistari , Sri Iskandar , Perak , Malaysia
iii.
Correspondence address
: Jalan Lb 1 , Taman Iskandar Bistari , Sri Iskandar , Perak , Malaysia
iv.
Website address
: www.kingcoco.crafts@blogspot.com
v.
E-mail address
: k1ngcoco1crafts@gmail.com
vi.
Telephone number
: 01-34462645 // 014-8419758
vii.
Fax number
: 03-9644553
viii.
Form of business
: Partnership
ix.
Main activity
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: Produce and selling products based on coconut
x.
Date of commencement
: 16th March 2017
xi.
Date of registration
: 16th March 2017
xii.
Registration Number
: In Progress
xiii.
Name of Bank
: MAYBANK
xiv.
Bank account number
: 162777211947
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PARTNERS BACKGROUND
General Manager
NAME
: MOHAMAD RADHUAN BIN ABDUL RAZAK
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IDENTITY CARD
NUMBER
: 970817015897
PERMANENT ADDRESS
: LADANG ULU PEDAS 71409 PEDAS NEGERI SEMBILAN
CORRESPONDENCE ADDRESS
: LADANG ULU PEDAS 71409 PEDAS NEGERI SEMBILAN
EMAIL ADDRESS
: iwan970817@gmail.com X
TELEPHONE NUMBER
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: 0134462645
DATE OF BIRTH
: 17th AUGUST 1997
AGE
: 20
MARITAL STATUS
: SINGLE
ACADEMIC QUALIFICATION
: DIPLOMA IN BUILDING SURVEYING
COURSE ATTENDED
SKILLS
: GOOD IN TEAMWORK
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EXPERIENCE
: WORK IN PLASTIC FACTORY AS SKILLED WORKER
CAPITAL CONTRIBUTION
: RM 10 000
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Administration Manager
NAME
: MUHAMMAD ZULKIFLI BIN ABD RAHIM
KINGCOCO CRAFTS | JALAN LB 1 , TAMAN ISKANDAR BISTARI , SRI ISKANDAR , PERAK , 20

MALAYSIA
IDENTITY CARD NUMBER
: 970829-10-6139
PERMANENT ADDRESS
: NO 36 JALAN INDAH 1/2 PUCHONG INDAH 47150 PUCHONG, SELANGOR DARUL EHSAN
: NO 36 JALAN INDAH 1/2 PUCHONG INDAH 47150 PUCHONG, SELANGOR DARUL EHSAN
EMAIL ADDRESS
: zlkflirhm97@gmail.com
TELEPHONE NUMBER

MALAYSIA
: 012-6704158
DATE OF BIRTH
: 29-08-1997
AGE
: 20
MARITAL STATUS
: SINGLE
COURSE ATTENDED
SKILLS
: HAVE GOOD COMMUNICATION SKILLS
EXPERIENCE
MALAYSIA
: HAVE RUN A BURGER STORE
:RM 10 000
Marketing Manager

MALAYSIA
NAME
:MUHAMMAD ASYRAAF BIN SHOHAR
: 970808-14-5745

MALAYSIA
PERMANENT ADDRESS
: 1-406, JALAN 2/9B, APT MAS AYU, BANDAR BARU SELAYANG, 68100 BATU CAVES,
SELANGOR.
: 1-406, JALAN 2/9B, APT MAS AYU, BANDAR BARU SELAYANG, 68100 BATU CAVES,
SELANGOR.
EMAIL ADDRESS
: asyraafshohar97@gmail.com
TELEPHONE NUMBER
: 014-2604575
DATE OF BIRTH
: 08-08-1997
AGE

MALAYSIA
: 20
MARITAL STATUS
: SINGLE
COURSE ATTENDED
SKILLS
: GOOD COMMUNICATION SKILLS
EXPERIENCE
: WORK AT ADIDAS MARKETING
: RM 10 000

MALAYSIA
Operation Manager

MALAYSIA
NAME
: MUHAMMAD ADIB HIZAMI BIN MOHD SHARIFFUDDIN
: 970610-10-6759
PERMANENT ADDRESS
: NO 18 , LORONG 13 TAMAN BERJAYA PERMAI , KAMPUNG KEMPADANG , 25150 KUANTAN

PAHANG

MALAYSIA
: NO 18 , LORONG 13 TAMAN BERJAYA PERMAI , KAMPUNG KEMPADANG , 25150 KUANTAN

PAHANG
EMAIL ADDRESS
: muhd_adib10@yahoo.com.my
TELEPHONE NUMBER
: 014-8419758
DATE OF BIRTH
: 10.06.1997
AGE
: 20
MARITAL STATUS
: SINGLE

MALAYSIA
COURSE ATTENDED
SKILLS
: GOOD COMMUNICATION SKILL
EXPERIENCE
: HAVE WORK IN F&B
:RM 10 000

MALAYSIA
Financial manager
NAME
: MOHAMAD HAFIQ DANIAL BIN HAMDAN

MALAYSIA
: 971109 – 01 – 5129
PERMANENT ADDRESS
: NO.14, JLN HARMONI 3, NUSA DAMAI, PASIR GUDANG, JOHOR
: NO.14, JLN HARMONI 3, NUSA DAMAI, PASIR GUDANG, JOHOR
EMAIL ADDRESS
: hafiqdanial66@gmail.com
TELEPHONE NUMBER
: 018 – 7608743
DATE OF BIRTH
: 09. 11. 1997

MALAYSIA
AGE
: 20
MARITAL STATUS
: SINGLE
COURSE ATTENDED
SKILLS
: HAVE SKILLS IN ACCOUNTING
EXPERIENCE
: HAVE WORK IN FACTORY IN QUALITY CONTROL

MALAYSIA
:RM 10 000
1.4.6 Administration Executive

MALAYSIA
NAME
: MUHAMMAD NAJIB BIN KHAIRUL ANUAR
: 961013-08-5991

MALAYSIA
PERMANENT ADDRESS
: SUNGAI NIPAH DARAT JALAN RUNGKUP 36200 SELEKOH PERAK
: SUNGAI NIPAH DARAT JALAN RUNGKUP 36200 SELEKOH PERAK
EMAIL ADDRESS
: ajeepjinggo@gmail.com
TELEPHONE NUMBER
: 013-4823117
DATE OF BIRTH
: 13-10-1996
AGE
: 21
MALAYSIA
MARITAL STATUS
: SINGLE
: DIPLOMA OF BUILDING SURVEYING
COURSE ATTENDED
SKILLS
: ICT SKILL
EXPERIENCE
:EXPERIENCE WORKER
:RM 10 000

MALAYSIA
BUSINESS LOCATION
Factors influencing choice of Business Location
Affordable price of rental
For the start , don’t use any additional worker
500 meter from housing area
All basic amenities are provided in the premise

MALAYSIA
Office Location
Figure 1.5.2.1. Location plan of premise
Figure 1.5.2.2. Front elevation of premise.
Chapter 2: Organizational Plan
CHAPTER 2: ORGANIZATIONAL PLAN

MALAYSIA
INTRODUCTION TO THE ORGANIZATION
Vision
: To ensure the usage of local crafting products known by the community in the country
Mission
: To expand the business of crafting products to several branches in Malaysia
Objectives
: To achieve the required sales target to establish the company in crafting industry
Logo & Description

MALAYSIA
The coconut tree logo represents our company which produces a product made from natural substances
which is eco-friendly and reduce world’s pollution.

MALAYSIA
ORGANIZATIONAL STRUCTURE
General Manager
Mohammad Radhuan b Abdul Razak
Marketing Manager Finance Manager Production Manager Admin and Human Resource Manager
Muhammad Asyraaf b Muhammad
Shohar Adib Hizami b Mohd Shariffuddin
Mohamad Hafiq Danial b Hamdan
Muhammad Zulkifli b Abd Rahim
Executive 1
Muhammad Najib b Khairul Anuar
ADMINISTRATIVE MANPOWER PLANNING
Table 1: Position and number of personnel

Position
Number Of Personnel
General Manager
1
Marketing Manager
Production Manager
Financial Manager
1
Administration Clerk
Total
6
SCHEDULE OF TASKS AND RESPONSIBILITIES
Table 2: Schedule of Tasks and Responsibilities
POSITION
TASKS AND RESPONSIBILITIES
General Manager
To plan, implement and control the overall management of the business
To plan and monitor the strategic progress of the business
Oversee the support operations of an organisation.
They ensure that there is effective information flow and the resources are employed
efficiently through a business.
Marketing Manager
Oversees the marketing department
Plans and coordinates marketing activities
Developing marketing plans
Operation Manager
Managing both raw materials and personnel
Oversight of inventory ,purchasing and supplies
Financial Manager
Developing budgets
Performing cost reduction research
Handling accounts
Administration Clerk
Writing contracts
Using database systems
SCHEDULE OF REMUNERATION
Table 3: Schedule of Remuneration

POSITION
No.
Monthly
EPF
SOCSO
Total
Salary
Contribution
Contribution
(RM)
(RM)
(RM)
(RM)
General Manager
2200
176
11
2387
2100
168
11
2279
Marketing Manager
2100
168
11
2279
Operation Manager
2100
168
11
2279
Financial Manager
2100
168
11
2279
Administrative Clerk
1800
144
9
1953
TOTAL
12 400
992
64
13 456
COMPENSATION AND BENEFITS
Salary, EPF and SOCSO
The profit that we get from the sale provides us some money to give the salary.
Maternity Leave, Paternity Leave
When the unexpected case happen we give our employee a day leave
Bonus
Every year we give the bonus full salary for a month
Annual Leave
The employees can request for the annual leave for the 14 days in a year
Working Days
We open the store on the weekday (Monday – Friday) start from 8.00 am to 5.00 pm
Others
The best employee can get the craft products due to their performance
LIST OF OFFICE FURNITURE AND FITTINGS
Table 4: List of Office Furniture and Fittings

Item
Quantity
Price/per unit
Total Cost
(RM)
(RM)
Office furniture and
1 set
2200
5350
fittings
File cabinet
1 unit
400
400
Air conditioner
1 unit
1200
1200
Total
6590
LIST OF OFFICE EQUIPMENT
Table 5: List of Office Furniture and Fittings

Item
Quantity
Price/per unit
Total Cost
(RM)
(RM)
Computer
2 sets
800
1600
Fax Machine
1 unit
1000
1000
Total
2 600
2.9. ADMINISTRATOR OFFICE

.1 ADMINISTRATIVE BUDGET
ADMINISTRATIVE BUDGET
Fixed
Assets
Monthly
Other
Total
Expenses
Expenses
Expenses
Particulars
(RM)
(RM)
(RM)
(RM)
Fixed Assets
Land & Building
Office Furniture and fittings
3 800
3 800
Office Equipment
2 600
2 600
Premises Renovation
Vehicle (office use only)
Working Capital
Remuneration
13 456
13 456
Utilities
600
600
Premises Rental
950
950
Travelling expenses
100
100
Office supplies
Stationaries
100
100
Other Expenditure
Course attended
400
400
Medical allowances
80
80
Pre-Operations
Deposit (rent, utilities, etc.)
2 000
2 000
Business Registration & Licenses

500
500
Insurance & Road Tax for Motor
Vehicle
Other Pre-Operations Expenditure
200
200
Total
24 446
Chapter 3: Marketing Plan
CHAPTER 3: MARKETING PLAN
3.1 INTRODUCTION TO MARKETING
vi. Marketing Objectives
1. To achieve and increase sales target for the following years
2. To attracts customers from various category in community
3. To increase company profit from the sales of products
3.2 INTRODUCTION TO PRODUCT OR SERVICE
i. The proposed product/ service : crafts from coconut material
ii. Brand : KC Crafts
iii. Selling Price : RM 150 .00
iv. Product / service features : Made from natural material and eco-friendly
v. Product / service benefits : Long- lasting , attractive , can be a souvenir
vi. Product / service uniqueness : Can be customized on customers wants / needs
List of product or service : Hanging Lamp
KINGCOCO CRAFTS | JALAN LB 1, TAMAN ISKANDAR BISTARI, SRI ISKANDAR, PERAK, MALAYSIA 80
3.3 MARKET AREA AND BUSINESS LOCATION
Our premise is between two famous cities in Perak which are Ipoh and Lumut
so the location is strategic for our business. In addition, the location of our store is near with offices
and residential area. Moreover, this is the place where the point of stop-over that people between
the two cities.
3.4 COLLECT INFORMATION AND DATA OF CUSTOMERS
From our survey, the awareness of nature living among community is high so we are
providing our customer a unique product established from natural source. So, our coconut craft is
giving our customer advantages to the natural sources. Furthermore this product can prevent from
the pollution that may harm the natural ecosystem
3.5 SEGMENTING THE MARKET
1. Geography – Perak Tengah District , Perak , Malaysia ,
2. Demographic – moderate income person

- High income person
3.6 PSYCHOGRAPHIC - CRAFTING PRODUCTS COLLECTOR

- Housewives who loves to decorate their house
- For businesses that want to decorate their office
3.7 TARGET MARKET
We have segmented the market due to reasonable target and it divided to three parts which
is geography, demographic, psychographic.
In this case, we choose people who love our lovely nature and with crafting, we can
show people that our nature are unique and beautiful. Other than that, we choose people
that their side income are stable based on salary ranges.
1. Based on survey: The community care and love the nature. Because our product are
made from natural resources, the community will show their support to use natural
made product to show their care for the nature. This product also are eco-friendly
they also do not like the things that will cause the pollution.
2. Because our product are made from coconut, the raw materials can be found in the
village. Therefore, this will give the villager an income by becoming our supplier.
They also will gain benefit and profit by supplying raw materials that is coconut.
3.8 MARKET SIZE
Table 6: Market size – 26 000
Market Segment Population Target Market Target Market

(%)
Household 25 000 30 7 500
Business 20 000 40 8 000
Market Segment Target Market Potential Total Potential Purchase

Purchase (yearly)
RM RM
Household 12 500 1/year (1 pcs x RM150) x 7 500=

1 125 000
Business 10 000 2/year (2 pcs x RM150) x 8 000=

2 400 000
TOTAL 3 525 000
Market
RM size per year = RM 4 875 000
3.9 COMPETITORS
3.5.1 Analysis of Competitor
Table 7: Competitor Strengths and Weaknesses
Competitor Strengths Weaknesses
 Variety of lamps product

Competitor 1 base Not good in services
Mr. Lighting
 Already a great
Competitor 2 name in marketing Not specific in selling lamp
MR DIY shop in billion
 Have a big place Low in marketing

Competitor 3
because the shop is
Happy Home
a corner lot
Threats
Opportunities Threats
1. Specialty in products which is different 1. Competitors have regular customers and

from usual crafting products hard to accept new products from another
and attract customers to buy S store
2. Marketing and customer services 2. the increasing of the price of material from
Strategies using internet are accepted by supplier
customers
4.0 MARKET SHARE
4.1.1 Market Share before entry of “KingCoco Crafts”
Table 9: Market Share before entrance
Competitors Market Share Market Share/ yearly

(%) (RM)
Mr. Lighting 50 1 762 500
MR DIY 30 1 057 500
Happy Home 20 705 000
Total 100 3 525 000
(same as total Market size)
4.1.2 Market Share after entry of “KingCoco Crafts”
Table 9: Market Share after entrance
Competitors Market Loss of Market Market Share/ yearly

Share Market Share (RM)
Share
(%) (%) (%)
Mr. Lighting 50 5 45 1 586 250
MR DIY 30 2 28 987 000
Happy Home 20 1 19 669 750
Kingcoco Crafts - - 8 282 000
Total 100 9 100 3 525 000
(same as total market size)
4.2 SALES FORECAST
Table 10: Sales Forecast for three consecutive years
SALES PROJECTION / FORECAST

Year Month Sales Collection
Month 1
11 750
Month 2
14 100
16 450
Month 3
18 800
Month 4
21 150
Month 5
23 325
Month 6
23 500
Month 7
23 500
Month 8
23 500
Month 9
30 585
Month 10
37 670
Month 11
37 670
Month 12
2016 Total Year 1 282 000
2017 Total Year 2 (increase by 3%) 290 975
2018 Total Year 3 (increase by 4%) 302 614
CASH COLLECTIONS FOR SALES
In the month of sale 100%
1 month after sale -
2 months after sale -
Total 100%
4.3 MARKETING STRATEGY
4.3.1 Product or service strategy

 KC CRAFTS
 Good
 Easy to be recognize by customers. Have product trademark.
 Packaging ( packed inside box), easy to be use ( 2 pin plag)
 Product differentiation, attractive to customer
 Labeling ( have company labels on packaging)
 Delivery services (carriage outward cost)
4.3.2 Price strategy (choose one strategy)
1. Cost based pricing
RM 150 = RM 100 + RM 50
2. Based on the survey done by us to the customers, the price range that customers
are willing to pay are below RM 100. This is because the customers seen that the
price for a lamp should be low if it use raw material.
3. This table shows the comparison of price range of products from our competitors.
Our product’s price range are from RM 100 – 150
Competitors Price Range

RM 2 – 10
MR DIY
( not specific in selling lamp)
Happy Home RM 100 - 200
Mr. Lighting RM 200 - 500
4.3.3 Distribution strategy
4.3.4 Direct to customer people come in to shop
4.3.5 Selling through retailers made an agreement to any shop to sell them..
4.3.6 Selling through wholesalers so they can supplied to any shop.
4.3.7 Selling through wholesalers and retailers or agent
4.2.4 Promotion strategy

4.2.5 Advertising made fliers or the activity or profession of producing
advertisements for commercial products or services.
4.2.6 Online promotion promote our product through media social such as
Facebook, Instagram, Whatsapp or others.
4.2.7 Early bird promotion make reservations 7 days or above in advance to enjoy
20% discount on best available rates.
4.2.8 Public relations made a friendly relationship and great social with customer.
4.2.9 Publicity get an attention from public to made our product well known.

4.3 MARKETING PERSONNEL
Table 11: Position and number of personnel
Position Number Of Personnel

Marketing manager 1
Total 1
SCHEDULE OF TASKS AND RESPONSIBILITIES
Table 12: Schedule of Tasks and Responsibilities
POSITION Tasks and Responsibilities

Sales Assistance Promote customer service and
receptionist
3.10 MARKETING BUDGET
Fixed
Assets Monthly Other Total
Expenses Expenses Expenses
Particulars (RM) (RM) (RM) (RM)
Fixed Assets
Signboard 1 500 - 1500
Motor Vehicle - -
Office Furniture and fittings - -
Office Equipment - - -
Working Capital
Travelling expenses 100 100
Office supplies - -
Stationaries 50 50
Other Expenditure
Promotion Expenses 300 300
Medical allowances 80 80
Pre-Operations
Deposit (rent, utilities, etc.) 2 000 2 000
Business Registration & Licenses 500 95
Vehicle - -
Other Pre-Operations Expenditure 200 200
License Signboard 20 20
Total - - - 4 345
Chapter 4: Operational Plan
CHAPTER 4: OPERATIONAL PLAN
4.0 OPERATION PLAN

The operation plan is one of the most important factors to consider in a business. Like others
companies, our target are to ensure that our products/services are the best in quality and
able to satisfy our customers’ need and wants. Hence, a systematic operational plan is
formed so that our business runs smoothly and achieves its objectives.
4.1 OBJECTIVES
The objectives of our operational plan are as follows:
 To ensure the business operation system runs smoothly order to maintain the quality
of the products and services to customers.
 To optimize customer satisfaction and fulfill their expectations towards our ability to
provide high quality products and timely services.
 To achieve consistency and stability in our production and services.
 To ensure the quality of our products/services meet the established standards.
 To ensure our business is profitable and successful.

4.2 OPERATIONAL PROCESS
4.2.1 Activity chart

The process of the coconut lamp
1. Transfer the raw material (coconut shell and trunk) from supplier
2. Check the quality and the quantity of the raw material.
3. Clean the raw material
4. Transfer the cleaned raw material to storage area.
5. Service to client order.
6. Key-in information from the client order.
7. Give temporary receipt to client.
8. Transfer the raw material to workshop.
9. Design the raw material based on client demand.
10. Cut the raw material using the grinders and drill based on the design.
11. Clean the product using the sanders and air compressors.
12. Combine the parts of the products using PVA glue.
13. Let them dry for a day
14. Clean again the product with sanders.
15. Continue with cleaning process and spray them using air compressor with clear colour base
to highlighting the originality.
16. Let it dry for a day.
17. Put one finished product as a sample on the rack and the rest is ready to sell.
18. Packaging process
19. Deliver the client product
20. Kept the copy of client receipt for evidence and report
21. Take orders for next manufacture.

4.2.2 Process Chart
Service to client order
Show the product samples
Key-in the information
Give temporary receipt to client
Put copy of the receipt into the client’s apparel bag
Transfer the craft package
Check and diagnose the craft product
If damage
Call the client
Change to another same type of product if the stock available
If out of stock
Call the client
Make a new same type of craft product
Put into a plastic
Put the copy of receipt into the plastic
Put it on the rack
Deliver the client’s apparel
Keep the copy of the receipt for report and evidence
4.2.3 Flow Chart
Production of Coco Lamp
Transfer the raw material (coconut shell and trunk) from supplier
Check the quality and the quantity of the raw material.
Clean the raw material
Transfer the cleaned raw material to storage area
Transfer the raw material to workshop
Design the raw material based on client demand
Cut the raw material using the grinders and drill based on the design
Clean the product using the sanders and air compressors
Combine the parts of the products using PVA glue and let them dry for a day
Clean again the product with sanders
Continue with cleaning process and spray them using air compressor with
clear color base to highlighting the originality
Let it dry for a dry
4.3 OPERATIONS LAYOUT
4.3.2. OPERATION AREA
GROUND FLOOR
STORAGE
AREA
DRYING
AREA
WORK
SHOP
G
IN
K
A
R
E
O
R
W
A
DISPLAY DISPLAY
WAITING COU
TABLE AREA N
TER
4.4 PRODUCTION PLANNING
 The production planning is important to produce output or to provide services that are
enough to fulfill the market demand or sales.
 The business will determine how much output to produce for a certain period of time such as
in a day, a week or a month
 The business may need the information from the marketing plan, e.g.: average sales forecast
4.4.1 Calculation for output per day
Average sales / month : RM 23 500

Price / unit : RM 150
No. of Output / month : RM 23 500 / RM 150
= 157 units / month
Working days : 26 days
No. of Output / day : 157 units / 26 days
= 6 units
Planned rate of production per day : 6 units

Worker production time per day : 3 hours
: 6 units x 3 hours
= 18
Worker standard time / unit : 8 hours
: 18 / 8 hours
= 3 workers
4.4.2 Position and number of personnel
Position No. of personnel
Operation manager 1
Skilled worker 3
Total 4
4.4.3 Schedule of Task and Responsibilities
Position Task and Responsibilities

Operation Manager  Managing both raw materials and
personnel
 Oversight of inventory ,purchasing and
supplies
Skilled worker  Design the products
 Cutting process
 Finishing work
4.4.4 Schedule of Remuneration
POSITION NO. MONTHLY EPF SOCSO TOTAL

SALARY CONTRIBUTION CONTRIBUTION (RM)
(RM) (RM) (RM)
Skilled 3 4 500 360 30 4 890
worker
Total 3 4 500 360 30 4 890
4.5 MATERIAL PLANNING
MATERIALS QUANTITY SAFETY TOTAL PRICE TOTAL

STOCK MATERIAL (RM) PRICE
REQUIREMENT
Coconut 156 14 170 0.40 68.00
PVA glue 8 4 12 15.00 180.00
Bulb 100 20 120 2.00 240.00
Wire 40 m 40 m 80 m 1.00 80.00
Cable tight 100/pack 100/pack 200 15.00 30.00
Spray paint 20 5 25 20.00 500.00
Total 53.40 1098.00
4.5.1 FUNCTION OF MATERIAL
Material Function
Coconut Main material to do the product
PVA glue To attach the material together
Bulb As lighting
Wire To conduct the electricity
Cable Tie  To cover the bulb
 To hold the coconut shell
Spray paint Aesthetic value
4.6 MACHINE AND EQUIPMENT PLANNING
Item Quantity Price per unit Total cost (RM)

Grinder 1 unit 300 300
Sander 1 unit 250 250
Compressor 1 unit 1500 1500
Driller 1 unit 900 900
Total 2950
Grinder needed
Machinery production time per day : hours
: 6 units x 0.5 hours
= 4.5
Machinery standard time / unit : 8 hours
: 4.5 / 8 hours
= 1 grinder
Sander needed
= 4.5
: 4.5 / 8 hours
= 1 sander
Compressor needed
= 4.5
: 4.5 / 8 hours
= 1 compressor
Driller needed
=
: 4.5 / 8 hours
= 1 driller

4.6.1 List of Suppliers
LISTS OF MACHINE FUNCTION OF SUPPLIERS ADDRESS

MACHINE
Grinder To shape and cut Hup Seng
the material Hardware
Sander To smoothen the
Trading Co.,
surface of material
No.1483-B,
Compressor Clean and paint to
BOSCH Jalan
using air brush
Besar,43300
(finishing work)
Seri
Driller To drill the hole on
Kembangan,
the material
Selangor.
4.7 BUSINESS AND OPERATION HOUR
4.7.1 Business Hour
Day Time
Monday – Thursday 9.00 a.m. – 5.00 p.m.
Friday 9.00 a.m. – 12.30 p.m.
2.30 p.m. – 5.00 p.m.
Saturday 9.00 a.m. – 2.00 p.m.
Sunday Closed
4.7.2 Operation Hour

Day Time
Monday – Thursday 8.30 a.m. – 5.30 p.m.
Friday 8.30 a.m. – 5.30 p.m.
Saturday 8.30 a.m. – 2.30 p.m.
Sunday Closed

4.8 LICENSE, PERMITS AND REGULATIONS
1. Registration of a new business to be done within 30 days from the date of

commencement of the business.
2. Registration can be done at any SSM counter or through online via Ezbiz Online services
at ezbiz.ssm.com.my.
3. Complete the Business Registration Form (Form A). Refer to Guidelines For New
Business Registration
Business may be registered using personal name or using a trade name.

i. Personal Name - Business name using personal name as stated in the
identity card is not required to apply for business name approval.
ii. Trade Name - Complete business name approval form (Form PNA.42). Refer
to Guidelines for Business Name Application.
4. Business names approval is according to Rules 15, Rules of Business Registration 1957.
5. Business Registration can be made for a period of one (1) year and not more than five
(5) years.
4.9 OPERATIONS OVERHEAD
No. Overheads Cost (RM)

1. Repairs and maintenance 400
2. Utilities 1500
3. Transportation 300
TOTAL 2200
4.10 OPERATION BUDGET
Item Fixed Assets Monthly Other Expenses

Expenses (RM) Expenses (RM) (RM)
Machinery and equipment 2 950
Vehicle (lorry 1 tonne) 56,000
Remuneration 4 890
Raw Materials 1 098
Overhead 2 200
Other expenditure:
Road tax 1 200
Insurance 300
TOTAL 68 638
4.11 IMPLEMENTATION SCHEDULE

 Explain the time frame for each activity involved in operation plan by using Gantt chart
Activities Deadlines Duration

Incorporation of business Nov-Dec 2015 2
Application for permits & Nov 2015-April 2016 6
license
Searching of premise Feb-April 2016 3
Renovation of premise May-June 2016 2
Procurement of machine and July-September 2016 3
raw material
Recruitment of labors Oct 2016 1
Installation of machine Nov-Dec 2016 2
G BUDGET
Chapter 5: Financial Plan
CHAPTER 5 : FINANCIAL PLAN
5.0 INPUT
1. Projected administrative, marketing and operations expenditure :
NAME OF BUSINESS/COMPANY KINGCOCO CRAFTS
MARKETING EXPENDITURE ADMINISTRATIVE EXPENDITURE

Fixed Assets
RM
Fixed Assets RM
Land & Building
signboard 1,500 Furniture & Fittings 3,500
marketing van - renovation -
Office equipment 5,350

Working Capital Working Capital
Salaries/EPF/SOCSO - Salaries/EPF/SOCSO 13,456
Travelling expenses 100 Utilities 600
Stationaries 50 office spplies -
Stationaries 50
Travelling expenses 100
Rental for shop 950

Other Expenditure Other Expenditure
Other Expenditure 380 Other Expenditure 480
Pre-Operations Pre-Operations
Deposit (rent, utilities, etc.) 2,000 Deposit (rent, utilities, etc.) 2,000
Business Registration & Licences 95 Business Registration & Licences 500
Insurance & Road Tax for Motor Insurance & Road Tax for Motor
Vehicle - Vehicle
Other Expenditure 220 Other Expenditure 200
TOTAL 4,345 TOTAL 27,186
OPERATIONS EXPENDITURE
Fixed Assets RM
machine & equipment 2,950
factory renovation -
Vehicle 56,000

Working Capital
Raw Materials 1,098
Carriage Inward & Duty -
Salaries, EPF & SOCSO 4,890

Other Expenditure
Other Expenditure
Pre-Operations
Deposit (rent, utilities, etc.) 2,200

Business Registration & Licences
Vehicle 1,500
Other Expenditure
TOTAL 68,638
2. Projected sales and purchases:
3. Collection for sales & payment for purchases:
COLLECTIONS FOR SALES PAYMENTS FOR PURCHASES

In the month of sale 100% In the month of purchase 80%
1 month after sale 1 month after purchase 20%
2 months after sale 2 months after purchase
Total 100% Total 100%
4. Economic life of fixed assets &

depreciation method:
FIXED ASSETS Econ. Life (yrs) FIXED ASSETS Econ. Life (yrs)
Furniture & Fittings 8 5
renovation 5 5
Office equipment 5 machine & equipment 7
- 5 factory renovation 7
signboard 2 Vechicle 5
marketing van 10 5
DEPRECIATION METHOD (1=straight line, 2=declining b alance) 1
5. Increase in working capital (if any):
INCREASE IN WORKING CAPITAL (%)

Year 2 2%
Year 3 3%
6. Ending stock for raw materials

and finished goods:
ENDING STOCK OF RAW MATERIALS RM ENDING STOCK OF FINISHED GOODS RM
End of Year 1 3,238 End of Year 1 9,000
8. Business background:
9. Sources of finance:
TERMS OF LOAN (if required)
Interest rate 6%
Loan duration 6
Interest payment method* 1
* Method: 1 = flat rate 2 = annual rest kadar tetap
TERMS OF HIRE-PURCHASE (if required)

Interest rate 5%
Hire-purchase duration 8
Click here to allocate the sources of finance
5.1 PROJECT IMPLEMENTATION COST & SOURCES OF FINANCE
5.2 BUDGET
5.3 TABLES
5.5 INCOME STATEMENT
KINGCOCO CRAFTS
PRO-FORMA INCOME STATEMENT
Year 1 Year 2 Year 3

Sales 282,000 290,975 302,614
Less: Cost of Sales
Opening Stock of Finished Goods 9,000 7,200
Production Cost 83,152 87,981 90,372
Less: Ending Stock of Finished Goods 9,000 7,200 5,400
0 0 0
74,152 89,781 92,172
Gross Profit 207,848 201,194 210,442
Less: Enpenditure
Administrative Expenditure 181,872 185,509 191,075
Marketing Expenditure 1,800 1,836 1,891
Other Expenditure 860 877 904
Business Registration & Licences 595
Insurance & Road Tax for Motor Vehicle 1,500 1,500 1,500
Other Pre-Operations Expenditure 420
Interest on Hire-Purchase
Interest on Loan 1,209 1,209 1,209
Depreciation of Fixed Assets 2,258 2,258 1,508
Total Expenditure 190,513 193,189 198,086

Net Profit Before Tax 17,335 8,005 12,357
Tax 0 0 0
Net Profit After Tax 17,335 8,005 12,357
Accumulated Net Profit 17,335 25,340 37,697
5.6 BALANCE SHEET
\
5.7 FINANCIAL PERFORMANCE
KINGCOCO CRAFTS
FINANCIAL RATIO ANALYSIS
Year 1 Year 2 Year 3
LIQUIDITY
Current Ratio 145 154 157
Quick Ratio (Acid Test) 114 133 143
EFFICIENCY
Inventory Turnover 6 8 10
PROFITABILITY
Gross Profit Margin 73.71% 69.14% 69.54%
Net Profit Margin 6.15% 2.75% 4.08%
Return on Assets 14.50% 6.44% 9.26%
Return on Equity 16.93% 7.25% 10.07%
SOLVENCY
Debt to Equity 16.79% 12.62% 8.72%
Debt to Assets 14.38% 11.21% 8.02%
Time Interest Earned 13 6 9
5.8 GRAPH
FINANCIAL RATIOS

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1.

INTRODUCTION TO THE BUSINESS

Name of the business

: BANDAR UNIVERSITI, SERI ISKANDAR

: 19TH DECEMBER 2016

Factors in selecting the proposed business:

Expand crafting in business industry

Bring variation in crafting industry

vii. Future prospect of business:

To make crafting product in Malaysia reach in the worldwide market

Exposing the richness of Malaysia’s nature material to the world.

PURPOSE OF BUSINESS PLAN

To analyze and evaluate the viability of a proposed venture and

As a guideline for managing the business to make a successful entrepreneur and

To allocate business resources effectively and to maintain the sustainability and

Name of the business

: Jalan Lb 1 , Taman Iskandar Bistari , Sri Iskandar , Perak , Malaysia

: 16th March 2017

: 16th March 2017

Bank account number

: MOHAMAD RADHUAN BIN ABDUL RAZAK

: LADANG ULU PEDAS 71409 PEDAS NEGERI SEMBILAN

: LADANG ULU PEDAS 71409 PEDAS NEGERI SEMBILAN

: 17th AUGUST 1997

: DIPLOMA IN BUILDING SURVEYING

: WORK IN PLASTIC FACTORY AS SKILLED WORKER

: MUHAMMAD ZULKIFLI BIN ABD RAHIM

KINGCOCO CRAFTS | JALAN LB 1 , TAMAN ISKANDAR BISTARI , SRI ISKANDAR , PERAK , 20

KINGCOCO CRAFTS | JALAN LB 1 , TAMAN ISKANDAR BISTARI , SRI ISKANDAR , PERAK , 21

: DIPLOMA IN BUILDING SURVEYING

: HAVE GOOD COMMUNICATION SKILLS

KINGCOCO CRAFTS | JALAN LB 1 , TAMAN ISKANDAR BISTARI , SRI ISKANDAR , PERAK , 23

:MUHAMMAD ASYRAAF BIN SHOHAR

IDENTITY CARD NUMBER

KINGCOCO CRAFTS | JALAN LB 1 , TAMAN ISKANDAR BISTARI , SRI ISKANDAR , PERAK , 24

KINGCOCO CRAFTS | JALAN LB 1 , TAMAN ISKANDAR BISTARI , SRI ISKANDAR , PERAK , 25

: DIPLOMA IN BUILDING SURVEYING

: GOOD COMMUNICATION SKILLS

: WORK AT ADIDAS MARKETING

KINGCOCO CRAFTS | JALAN LB 1 , TAMAN ISKANDAR BISTARI , SRI ISKANDAR , PERAK , 26

KINGCOCO CRAFTS | JALAN LB 1 , TAMAN ISKANDAR BISTARI , SRI ISKANDAR , PERAK , 27

: MUHAMMAD ADIB HIZAMI BIN MOHD SHARIFFUDDIN

IDENTITY CARD NUMBER

: NO 18 , LORONG 13 TAMAN BERJAYA PERMAI , KAMPUNG KEMPADANG , 25150 KUANTAN

KINGCOCO CRAFTS | JALAN LB 1 , TAMAN ISKANDAR BISTARI , SRI ISKANDAR , PERAK , 28

: NO 18 , LORONG 13 TAMAN BERJAYA PERMAI , KAMPUNG KEMPADANG , 25150 KUANTAN

KINGCOCO CRAFTS | JALAN LB 1 , TAMAN ISKANDAR BISTARI , SRI ISKANDAR , PERAK , 29

: DIPLOMA IN BUILDING SURVEYING

: GOOD COMMUNICATION SKILL

: HAVE WORK IN F&B

KINGCOCO CRAFTS | JALAN LB 1 , TAMAN ISKANDAR BISTARI , SRI ISKANDAR , PERAK , 30

: MOHAMAD HAFIQ DANIAL BIN HAMDAN

KINGCOCO CRAFTS | JALAN LB 1 , TAMAN ISKANDAR BISTARI , SRI ISKANDAR , PERAK , 31

: NO.14, JLN HARMONI 3, NUSA DAMAI, PASIR GUDANG, JOHOR

: NO.14, JLN HARMONI 3, NUSA DAMAI, PASIR GUDANG, JOHOR

: 09. 11. 1997

: DIPLOMA IN BUILDING SURVEYING

: HAVE SKILLS IN ACCOUNTING

: HAVE WORK IN FACTORY IN QUALITY CONTROL