COMPANY BACKGROUND

Name of the company: KEREPEK TIME ENTREPRISE

Nature of Business: Partnership

Industry Profile: Kerepek or tapioca chips.

Location of the Business: No 738 Jalan Dato Keramat, Kg Tj Duff, 16200 Tumpat,

Kelantan.

Date of Business Commencement: January, 2014

Factors in Selecting the Proposed Business: Profitable business

Future Prospect of the Business: expecting a growth in business due to the high demand in kerepek industry

MISSION AND VISION

Mission Forming a strategic alliances with

agencies carrying product quality Providing a better product and

nutritious products Providing a good service for our

customers Introducing new flavor of ‘kerepek’

that can be accepted worldwide. 

VisionMake our company as a leading company in production of ‘kerepek’ locally and worldwide.

BUSINESS PURPOSE

THE ENTREPENEURS

FINANCIAL INSTITUTIONS

SUPPLIER

EMPLOYEES

CUSTOMER

BUSINESS BACKGROUNDBackground

Name of the Business/Company:

KEREPEK TIME ENTREPRISE

Address: No 738 Jalan Dato Keramat, Kg Tj Duff, 16200 Tumpat, Kelantan.

Telephone: 09-7845007

Fax Number: 09-9545760

E-mail: Kerepektime@ymail.com

Forms of Business: Partnership

Main Activities: Producing and sell ‘kerepek’

Date and Number of Business Registration:

February 2013 / BJ201220

Date of Commencement: January, 2014

BUSINESS BACKGROUND

Initial Capital: RM5000

Name of Bank: Agro Bank Malaysia

Bank Account Number: 0426111530888797

Name Shares (RM)

AZMEERUL IDZUAN AZIZ 1000

KHAIRUL AZMAN HAFIZ ANUAR 1000

MAS ADIBAH RAFAR 1000

NUR AMIRAH HANIM CHE HASHIM

1000

NUR AFIQAH MD RADZI 1000

BACKGROUND OF PARTNERS

NAME: Azmeerul Idzuan Bin Aziz STATUS: Single DATE OF BIRTH: 20/09/1990 PLACE OF BIRTH: RAWANG, SELANGOR ADDRESS : SCF-G-11 APT Seri Cempaka, Bandar Baru Bukit Sentosa, 48300 Rawang Selangor. EMAIL: azmi_rol30@yahoo.com PERSONAL INTEREST: political issues and motorcycles. QUALIFICATION: Bachelor in Finance SKILLS: 1) Has an excellent leadership skills 2) Ability to work under pressure 3) A fast thinker. 4) A visionary and full energy towards success. EXPERIENCE: Has work and attended training in the food production business for almost 3 years and the small medium industry until he decided to venture on his own business in the food production business.

GENERAL MANAGER

NAME: Nur Afiqah Binti Md Radzi STATUS: Single DATE OF BIRTH: 03/06/1990 PLACE OF BIRTH: Bandar Sunway, Selangor. ADDRESS : No23, Jln PP2/23 Taman Putra Perdana 47130 Puchong, Selangor. EMAIL: afiqah_radzi92@yahoo.com PERSONAL INTEREST: movies and travelling. QUALIFICATION: Bachelor in Human Resouces Management SKILLS: 1) Ability to work in team. 2) Has a very good communication skill. 3) A fast thinker and energetic 4) High confidence level. EXPERIENCE: Has experience working in the administration field at a government

company for 2 years. Also has experiences working as a part timer in various shop such as Tutti Fruitti and TESCO

ADMINISTRATIVE MANAGER

NAME: Nur Amirah Hanim Binti Che Hashim STATUS: Single DATE OF BIRTH: 17/7/1990 PLACE OF BIRTH: Kota Bharu, Kelantan. ADDRESS: LOT 2208, Lorong Hilir 16150 Kubang Kerian, Kelantan. EMAIL: mierahoneym@gmail.com PERSONAL INTEREST: online shopping. QUALIFICATION: Has a Bachelor in Marketing Management SKILLS: 1) Has a good marketing plan. 2) Ability to convince people. 3) Has a very good communication method. 4) Ability to work in a team EXPERIENCE: Has working experience as a assistant of marketing manager at a Telecommunication (MAXIS) company for 2 years.

MARKETING MANAGER

NAME: Mas Adibah Binti Abdul Rafar STATUS: Single DATE OF BIRTH: 12/2/1990 PLACE OF BIRTH: Wangsa Maju, Kuala Lumpur. ADDRESS: NO8 Jalan UB2A Taman Ukay Bestari, Ukay Perdana. EMAIL: adybarafar@gmail.com PERSONAL INTEREST: photography and social networking. QUALIFICATION: Bachelor in International Business SKILLS: 1) Has a good operating plan 2) Ability to organize an organization. 3) Has a good leadership skill. 4) Ability to work in a team EXPERIENCE: Has working experience as a assistant of operating manager at IKEA company for 2 years. Used to work as a part time cashier during study breaks.

OPERATIONAL MANAGER

NAME: Khairul Azman Hafiz Bin Anuar STATUS: Single DATE OF BIRTH: 21/11/1990 PLACE OF BIRTH: Tanah Merah, Kelantan. ADDRESS: 2144 Taman Ayuni 17500 Tanah Merah, Kelantan. EMAIL: hafeez_salam@yahoo.com PERSONAL INTEREST: futsal and badminton. QUALIFICATION: Bachelor in Finance SKILLS: 1) Has a good accountability skills 2) Ability to work under pressure EXPERIENCE: Has working experience as a assistant of financial manager at a private company for 2 years. And as an accountant for 1 year at MYDIN Company

FINANCIAL MANAGER

MARKETING PLAN

MARKETING OBJECTIVE

To encourage and increase the sales of

the product.

To fulfill demand and customer services.

To give a new trend products for local

chips.

Main Product

TAPIOCA CHIPS

-

1KG = RM 13

SUB PRODUCT

1KG = RM131KG= RM14 1KG=RM14

B a n a n a C h i p sYa m C h i p sB l a c k P a p p e r

C h i p s

Te m p e C h i p s S u k u n C h i p s P e a s C h i p s

1KG=RM13 1KG=RM14 1KG=RM14

R e m p e y e k I k a n B i l i s

R e m p e y e k K a c a n g D a l

R e m p e y e k K a c a n g H i j a u

1KG=RM13 1KG=RM131KG=RM13

TARGET MARKET

Families

Market

School Canteen

Shop

Market Share ( Before)

COMPETITORS MARKET SHARE SALES/YEARTapioca Sdn Bhd 45%

 

RM 630000

 

Kerepek Ros Sdn Bhd 20% RM 280000

Kerepek Ubi Sdn Bhd 35%

 

RM 490000

 TOTAL 100%

 

RM 1400000

 

45%

20%

35% Tapioca Sdn Bhd

Kerepek Ros Sdn Bhd

Kerepek Ubi Sdn Bhd

Market Share ( After )COMPETITORS MARKET SHARE SALES/YEAR

Tapioca Sdn Bhd 41%

 

RM574000

 

Kerepek Ros Sdn Bhd 17% RM 238000

Kerepek Time Entreprise 10..2% RM141865

Kerepek Ubi Sdn Bhd 31.8%

 

RM 446135

 TOTAL 100%

 

RM 1400000

 

41%

17%

32%

10%Tapioca Sdn BhdKerepek Ros Sdn BhdKerepek Ubi Sdn BhdKerepek Time Entreprise

COMPETITORSCOMPETITORS ADVANTAGES DISADVATAGES

Tapioca Sdn Bhd Exist more than 15 years

Have their own customer

Most popular around malaysia

Price more expensive

Unorganized workers

Kerepek Ros Sdn Bhd Exist more than 6 years

Have their own customers

Good in promotion strategy

Limited stock Expensive

Kerepek Ubi Sdn Bhd Exist more than 11 years

Have their own customer

Strategic place

Unorganized workers

Situated far away from the residential and the main road

SALES FORECAST YEAR

(2013)

MONTH SALES COLLECTION

JANUARY RM3000.00

FEBRUARY RM3000.00

MARCH RM4000.00

APRIL RM4500.00

MAY RM4700.00

JUNE RM4900.00

JULY RM8192.00

AUGUST RM19117.00

SEPTEMBER RM 4000.00

OCTOBER RM 4800.00

NOVEMBER RM9546.00

DECEMBER RM9110.00

TOTAL RM 141865.00

YEAR TOTAL SALES INCREASE

2015 RM 496527.5 2.5%

2016 RM 2979165 5.0%

MARKETING STRATEGY

PRICE

PROMOTION

PLACE

PRICING STRATEGYNO PRODUCT 500g(RM) 1KG(RM)

1 Tapioca chips 6.50 13.00

2 Banana Chips 6.50 13.00

3 Yam Chips 7.00 14.00

4 Black Papper Chips 7.00 14.00

5 Spicy Chips 6.50 13.00

6 Bayam Crisps 7.00 14.00

7 Onion Crisps 6.00 12.00

8 Tempe Chips 6.50 13.00

9 Sukun Chips 7.00 14.00

10 Peas Chips 7.00 14.00

11 Tiram Chips 6.00 12.00

12 Pagoda Chips 6.00 12.00

13 Popia Chips 6.50 13.00

14 Rempeyek Mini 6.50 13.00

15 Rempeyek Ikan Bilis 6.50 13.00

16 Rempeyek Kacang Hijau 6.50 13.00

Price Depend On Packaging

Standard Size Medium Size (500G) Large Size(1KG)

PLACE

PROMOTION

OBJECTIVE PROMOTION

To expend our business in the market

To attract more our customer

To informed the community for existence of our

company

To give information of our company

Examples of Promotion (During Hari Raya Haji)

NO PRODUCT 500g(RM) 1KG(RM)

1 Tapioca chips 6.50 12.00

2 Banana Chips 6.50 12.00

3 Yam Chips 7.00 13.00

4 Black Papper Chips 7.00 13.00

5 Spicy Chips 6.50 12.00

6 Bayam Crisps 7.00 13.00

7 Onion Crisps 6.00 11.00

8 Tempe Chips 6.50 12.00

9 Sukun Chips 7.00 13.00

10 Peas Chips 7.00 13.00

11 Tiram Chips 6.00 11.00

12 Pagoda Chips 6.00 11.00

13 Popia Chips 6.50 12.00

14 Rempeyek Mini 6.50 12.00

15 Rempeyek Ikan Bilis 6.50 12.00

16 Rempeyek Kacang Hijau 6.50 12.00

17 Rempeyek Kacang Dal 6.50 12.00

Signboard

Banners

Business card

Pamphlet

Marketing Budget

NO Items Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total

1 Signboard 1050 - - - - - - - - - - - 1050

2 Business card 200 - - - - - 200 - - - - - 400

3 Pamphlets 100 - - - - - 100 - - - - - 200

4 Banners 150 - - - - - - - - - - - 150

5 Websites 200 200

Total 1540

Monthly budget for one year (2013)

NO Items 2013 (RM) 2014 (RM) 2015(RM)

1 Signboard 1050 - -

2 Business Cards 200 210 220

3 Pamphlets 200 220 240

4 Banners 150 170 190

TOTAL 16000 810 870

Budget for three years (2013, 2014, 2015)

Future Plan

Adding new international flavour

Hamper Give For Weeding

OPERATIONAL PLAN

Operation Process

Raw materials are received from the supplier

Total, type and quality of raw materials are checked

all raw materials are processed using machines

wrapping operation

Customer pay and carry

Production Schedule

Operation of working hour

DAY TIME MONDAY – SUNDAY 8.00 A.M-2.00 PM

Working Schedule

JOB NO OF WORKER WORKING TIME Cashier 1 8.00 A.M – 2.00 P.M

Maintenance 1 8.00 A.M – 2.00 P.M Material Requirement

No Type Price Per Pack(RM)

Unit per production (KG)

Total(RM)

1 SALT 1.00 3 3.00 2 TAPIOCA 10.00 15 150.00 3 POTATO 10.00 15 150.00 4 OIL 4.00 5 20.00 5 ADDITIONAL FLAVORS 1.00 1 1.00

TOTAL 324.00

Off on Friday

Man Power Requirement

Position Number Of Worker

Salary Monthly

(RM)

EPF(12%) (RM)

SOCSO(2.5%) (RM)

TOTAL (RM)

Worker 1 1 500.00 60.00 12.50 572.50 Worker 2 1 500.00 60.00 12.50 572.50 Worker 3 1 500.00 60.00 12.50 572.50

Total 1717.50

Machine and Equipment

No Type Price(RM) Unit Total(RM) 1 SLICER 3,600.00 1 3,600.00 2 FYRING 8,000.00 1 5,000.00 3 SEALER 500.00 1 500.00

TOTAL 9,100.00

Operation Overhead

SUBJECT MONTHLY(RM) Electricity 150

Water 100 Telephone 50

TOTAL 300

Operation Budget

ITEM

FIXED ASSETS EXPENDITURE COST

(RM)

MONTHLY EXPENDITURE

COST(RM) FIXED ASSET -Machinery 9,100.00 MONTHLY

EXPENDITURE

-Salary + EPF + SOCSO 5,729.00 -Material 2,000.00

TOTAL 9,100.00 7,729.00

Packing Area OfficeCustomer area

Receiving area

inspection area

Processing area

Operation space layout

ADMINISTRATION PLAN

Organizational Chart

List of Administration

PersonnelPOSITION NO. OF WORKER

GENERAL MANAGER 1

ADMINISTRATIVE MANAGER 1

MARKETING MANAGER 1

OPERATIONAL MANAGER 1

FINANCIAL MANAGER 1

WORKER 3

TOTAL 8

Task Responsibility POSITION TASK AND RESPONSIBILITIES

1 GENERAL MANAGER i. Controls the administration, operation, marketing and financial of other staff.

ii. Plan and monitor the strategic progress business. iii. Make sure the organization of the company is

carried out in order to make the company is in the best situation.

iv. Develops strategic plan by studying technological and financial opportunities; presenting assumptions and recommending objectives.

2 ADMINISTRATION MANAGER

i. Provide leadership and vision to the organization by assisting the other staff with the development of long range and annual plans.

ii. Overseas preparation of an Annual Report summarizing progress on short and long range plans.

iii. Research and write discussion papers, analysis documents and proposals as needed to assist the organization to determine the long and short term goals.

3 MARKETING MANAGER

i. Manage advertising opportunities to promote the products.

ii. Arrange strategies and manage the company’s market.

iii. Make sure the operational activities can be done based on the schedule.

4 OPERATIONS MANAGER i. Improve the operational systems, processes and policies in support of organization mission.

ii. Manage and increase the effectiveness and efficiency of Support Services (Financial, Human Resource)

iii. Oversee overall financial management, planning, systems and controls.

5 FINANCIAL MANAGER i. Providing and interpreting financial information. ii. Analyze change and advising accordingly.

iii. Record all the financial activities from time to time. iv. Provide the budget of company. v. Manage all the sales and update all the account

Schedule of RemunerationDESIGNATION NO. OF

EMPLOYEE MONTHLY SALARY (RM)

EPF (12%) (RM) SOCSO (3%) (RM)

TOTAL (RM)

General Manager

1 1700.00 204.00 51.00 1955.00

Administrative

Manager

1 1100.00 132.00 35.00 1265.00

Operations Officer

1 1100.00 132.00 35.00 1265.00

Marketing Officer

1 1100.00 132.00 35.00 1265.00

Financial Officer

1 1100.00 132.00 35.00 1265.00

Trained Workers

3 500.00 60.00 15.00 1725.00

TOTAL 8 740.00

REWARD AND INCENTIVE

NO REWARD AND INCENTIVES TOTAL PER

HEAD (RM)

WORKERS TOTAL PER

YEAR (RM)

1 Eid Bonus 150 3 450

2 Family Day - 300

3 Labour Bonus 100 3 300

GRAND TOTAL 1050

FINANCIAL PLAN

Projects Implementation CostA. CAPITAL EXPENDITURE RM RM machinery and equipment 6310 Signboard 88 6398 B.WORKING CAPITAL Administration : Salary + EPF + SOCSO General Manager 1955 marketing : salary + EPF + SOCSO marketing manager operation : salary + EPF + SOCSO operation manager 1265 utilities : electric bill 600 water bill 250 kiosk rent 150 machine maintenance 300 4220 C. OTHER EXPENDITURE marketing : grand opening 2000 Brochure 150 business card 450 Banner 25 Mascot 350 operation : license : Signboard 88 Banner 30 certificate halal 200 typhoid injection 45 deposit : deposit for rent 450 deposit for utilities 1000 administration : reward and incentives 1050 business registration 60

5898

GRAND TOTAL 16516 D. CONTIGENCY COST (10%) 1652 TOTAL IMPLEMENTATION SCHEDULE 18168

PRO FORMA CASH FLOW ANNUALLY

year 1 year 2 year3 A. Cash inflow equity cash 13,592 0 0 term loan 25,000 0 0 cash sales 185803.2 190448.28 199970.69 B. TOTAL CASH INFLOW 224395.2 190448.28 199970.69 C. Cash Outflow administrative expenditure salary + epf + socso: general manager: 23460 23460 23460 administration manager 15180 15180 15180 financial manager 15180 15180 15180 operational manager 15180 15180 15180 marketing expenditure salary + epf + socso: marketing manager 15180 15180 15180 Operations Expenditure raw material 42912 44913 45565 salaries, EPF, SOCSO 15180 15180 15180 Utilities: electric bill: 2760 2829 2970.45 water bill: 1440 1476 1550 kiosk rent 1800 1800 1800 fuel 4800 4920 5166 machine maintanence 3600 3690 3874.5 loan repayment principal 5000 5000 5000 interest 2500 2200 1560 capital expenditure machinery & equipment 13790 0 0 Signboard 1000 1000 1000

other ependiture: marketing: grand opening 2000 2500 2625 brochure 150 150 150 business card 450 450 450 banner 25 25 25 mascot 350 0 0 operation: licenses: signboard 88 88 88 banner 30 30 30 certificate halal 200 200 200 typhoid injection 90 90 90 deposit: deposit for rent 450 0 0 deposit for utilities 1000 0 0 administration: reward and incentives 2000 3518 5500 business registration 60 60 60 D. TOTAL CASH OUTFLOWS

152567 174,299 177,243.95

E. CASH SURPLUS (DEFICIT) 71,828.20 16, 149.48 22,726.74 F. BEGINNING CASH BALANCE

0 33578.2 45587.48

G. ENDING CASH BALANCE 33578.2 45587.48 65354.22

Depreciation Schedule

TYPE OF ASSETS: SIGNBOARD

ORIGINAL COST: RM 1000

SCRAP VALUE: RM 0

ECONOMIC LIFE: 3 YEARS

METHOD: STRAIGHT LINE METHOD

Year Annual Depreciation (RM)

Accumulated Depreciation (RM)

Book Value (RM)

0 - - 1000.00

1 333.00 333.00 667.00

2 333.00 667.00 333.00

3 333.00 1000.00 0.00

TYPE OF ASSETS: MACHINERY (CHIPS CUTTER)

ORIGINAL COST: RM 700

SCRAP VALUE: RM 0

ECONOMIC LIFE: 5 YEARS

METHOD: STRAIGHT LINE METHOD

Year Annual Depreciation ( RM)

Accumulated Depreciation (RM)

Book Value (RM)

0 - - 700.00

1 140.00 140.00 560.00

2 140.00 280.00 420.00

3 140.00 420.00 280.00

4 140.00 560.00 140.00

5 140.00 700.00 0.00

TYPE OF ASSETS: MACHINERY (FRYER)

ORIGINAL COST: RM 2500

SCRAP VALUE: RM 0

ECONOMIC LIFE: 5 YEARS

METHOD: STRAIGHT LINE METHOD

Year Annual Depreciation (RM)

Accumulated Depreciation (RM)

Book Value (RM)

0 - - 2500

1 500.00 500.00 2000.00

2 500.00 1000.00 1500.00

3 500.00 1500.00 1000.00

4 500.00 2000.00 500.00

5 500.00 2500.00 0.00

Term loan Amortization

LOAN AMOUNT: RM 25,000

LOAN PERIOD: 5 YEARS

INTEREST RATE: 5 %

METHOD: ANNUAL REST

YEAR Interest (RM)

Principal (RM)

Payment (RM)

Balance (RM)

0 0 0 0 25000

1 2500 5000 6250 20000

2 2000 5000 6000 15000

3 1500 5000 5750 10000

4 1000 5000 5500 5000

5 500 5000 5250 0

PRO FORMA INCOME STATEMENT

year 1 year 2 year 3

Sales 341865.0 496527.5 2979165

Cost Of Sales 42912 43984.8 46184.04

Gross Profit 298,953 452,542.7 2932980.96

Less: Operating Expenses

Marketing Expenses 15180 15180 15180

Administrative Expenses 73140 73140 73140

Miscellaneous 2341 2341 2341

90661 90661 90661

Operating Income 52230.2 53535.9 56212.7

Less: Financing Expenses :

Interest On Term Loan 1250 1000 750

NET PROFIT 64,150.80 216,684.1 2,694,696.26

PRO FORMA BALANCE SHEET

YEAR 1 (RM) YEAR 2 (RM) YEAR 3 (RM)

NON - CURRENT ASSETS

Signboard 1000 667 333

Machinery 12290 10060 9800

Deposit 1450

14740 10727 10133

CURRENT ASSETS

Cash 33578.2 30456.9 28767.7

Inventory Of Raw Materials 20627 22472 22577

Inventory Of Finished Goods 20627 22472 22577

74832.2 75400.9 73921.7

TOTAL ASSETS 89572.2 86127.9 84054.7

OWNERS' EQUITY

Capital 13592 13592 13592

Accumulated Profit 50980.2 52535.9 55462.7

64572.2 66127.9 69054.7

LONG TERM LIABILITIES

Term Loan 25000 20000 15000

TOTAL OWNERS' EQUITY & LIABILITIES

89572.2 86127.9 84054.7

CONCLUSION

we hope that in the existence of our

company will help the “Industri Desa” to

grow in future.

Our company will be number 1 in

producing ‘kerepek’ in this country and

we can attracts more customer locally

and globally.