Diploma in Computer Science

Faculty of Computer and Mathematical Sciences,

MARA University of Technology Sarawak,
Kota Samarahan Campus,
Jalan Meranek,
94300 Kota Samarahan,
SARAWAK.
Sir Abang Hamizam bin Abang Mohar,
Lecturer of Fundamentals of Entrepreneurship (ENT300),
Faculty of Business Management,
MARA University of Technology Sarawak,
Kota Samarahan Campus,
Jalan Meranek,
94300 Kota Samarahan,
SARAWAK.

10 MARCH 2016

Dear Sir,
SUBMISSION OF BUSINESS PROPOSAL
Referring to the matter above, H.A.R.K. Team Building would like to submit our business plan for
your analysis, evaluation and references. H.A.R.K. Team Building business partners and the site
address are as mentioned below:
Details of partners are as follow: 1. Muhammad Khairul Anwar Bin Suleiman
2. Ahmad Aiman Bin Yunus
3. Rohn Laing Anak Simon Saat
4. Ahmad Hazmi Bin Lawrence

2014635418
2014250394
2014286616
2014447296

Business address:
H.A.R.K. TEAM BUILDING,
TAMAN WU FUNG,
94500 LUNDU,
SARAWAK
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,

.
(MUHAMMAD KHAIRUL ANWAR BIN SULEIMAN)
GENERAL MANAGER H.A.R.K. TEAM BUILDING

.
(MUHAMMAD KHAIRUL ANWAR BIN SULEIMAN)
ADMINISTRATIVE MANAGER H.A.R.K. TEAM BUILDING

.
(AHMAD AIMAN BIN YUNUS)
MARKETING MANAGER H.A.R.K. TEAM BUILDING

.
(ROHN LAING ANAK SIMON SAAT)
OPERATIONS MANAGER H.A.R.K. TEAM BUILDING

.
(AHMAD HAZMI BIN LAWRENCE)
FINANCIAL MANAGER H.A.R.K. TEAM BUILDING

H.A.R.K. TEAM BUILDING

Prepared by:
MUHAMMAD KHAIRUL ANWAR BIN SULEIMAN
AHMAD AIMAN BIN YUNUS
ROHN LAING ANAK SIMON SAAT
AHMAD HAZMI BIN LAWRENCE

Content
Section 1

Introduction

Section 2

Purposes of Business Plan

Section 3

Company Background

Section 4

Owners/Partners Background

Section 5

Administration Plan

Section 6

Marketing Plan

Section 7

Operational Plan

Section 8

Financial Plan

Section 9

Conclusions and Recommendations

Appendices

Executive Summary
This business is based on partnership where it consists of four (4) members which hold
important positions in the company such as General Manager, Administration Manager, Marketing
Manager, Operation Manager and Financial Manager. The business capital is amounted RM80,000
with RM20,000 contributions from each partners.
H.A.R.K. Team Building is a company which focuses on team building activity for
university students in Malaysia. Team building is an activity that boosts teamwork and discipline
which are very important for university students. Since most university does not have these team
building facilities, we are highly confident that our market can be easily developed and spread.
With loan given as support from Maybank, we are hoping and wishing to make H.A.R.K.
Team Building able to achieve outstanding demand. Our business is expected to commence on
2017 and our vision is to make our company the first choice team building centre in Sarawak,
Malaysia. This will be realized by the full cooperation and efforts among the partners to promote
the company.
We will expect our business to become more developed in the near future because team
building centres are still rare in the land of Malaysia. This is an advantage to us because there are
few competitors for the same type of business thus allowing the company to gain more profit in
the long run.

INTRODUCTION
Our companys name is H.A.R.K. Team Building. The H.A.R.K. Team Building is a
service company that provides a place for students to do team building activities. The company is
located at Taman Wu Fung, 94500 Lundu Sarawak. H.A.R.K. Team Building start its business in
the year 2017.
PURPOSE OF BUSINESS PLAN
1. The Entrepreneurs (H.A.R.K. Team Building Managers)
A business plan will enable the managers of H.A.R.K. Team Building to fully understand
the proposed business. The managers can determine in advance whether there is a market
for the proposed products or services. Investment and business planning and decisions are
also better guided with the availability of a Business Plan.
2. Investors
Investors will need to fully comprehend the proposed venture before making any
investment decision. Hence, the presence of a Business Plan will assist potential investors
in analysing and evaluating the viability of a project.
3. Financial Institutions
Business plan assists and help the financial institution to evaluate the capability of the
proposed project and provide loan for the business. Financial institution involved in this
business project is Maybank.
4. Customers
Since our business rely on contracts and tenders put out by institutional clients as our main
source of business, the business plan is essential as part of the tendering process to convince
the customers of the ability and capability of our business to fulfil the requirements of the
tendered job.
5. Company Staffs / Workers
A business plan helps workers to understand the business goals and objectives and give a
guideline to them regarding their job duties and responsibilities.

BUSINESS/COMPANY BACKGROUND

COMPANY BACKGROUND
Name of Company
Address

H.A.R.K. Team Building

H.A.R.K. Team Building, Taman Wu Fung, 94500, Lundu,
Sarawak

Contact Number

082-467485

Email

harkteambuilding@gmail.com

Form Of Business

Partnership

Nature Of Business

Service

Main Activity

Team Building

Business Registration Date

5/6/2016

Date of Commencement

1/1/2017

Registration Number

001234567-P

Name Of Bank

Maybank

Bank Account Number

123456789123

BACKGROUND OF OWNER/PARTNERS/DIRECTIORS
Name

Muhammad Khairul Anwar Bin Suleiman

Identification number

900823-13-5255

Permanent address

Lot 6926 Lorong Bunga Kemuning 5 Taman Desa Matang

93050 Kuching Sarawak

Telephone number

013-8222263

Birth date

23/8/1990

Age

26

Marital Status

Single

Academic Qualification

Bachelor of Computer Engineering (Hons)

Skills

Computer Programing, Administration, Administration

Support, Scheduling, Employee Relations

Experience

3 years of working experience

Role in Business

General Manager & Administration Manager

BACKGROUND OF OWNER/PARTNERS/DIRECTIORS
Name

Ahmad Aiman bin Yunus

Identification number

890428-12-5815

Permanent address

Lot 771 Taman Gita, 93050, Kuching, Sarawak

Telephone number

0112-9870171

Birth date

28/04/1989

Age

27

Marital Status

Single

Academic Qualification

Bachelor of Information System (Hons)

Skills

Database Management, Scheduling, Accounting

Experience

3 years of working experience

Role in Business

Marketing Manager

BACKGROUND OF OWNER/PARTNERS/DIRECTIORS
Name

Rohn Laing Anak Simon Saat

Identification number

890921-13-3323

Permanent address

No.82, Taman Kakai, 94700 Serian, Sarawak.

Telephone number

013-8297755

Birth date

21/09/1989

Age

27

Marital Status

Married

Academic Qualification

Bachelor of Human Resource (Hons)

Skills

Labor Relation, Human Resource Management, Scheduling

Experience

3 years of working experience

Role in Business

Operation Manager

BACKGROUND OF OWNER/PARTNERS/DIRECTIORS
Name

Ahmad Hazmi Bin Lawrence

Identification number

910830-13-5327

Permanent address

Lot 225A KPG Stapok, Jalan Batu Kawa,

93050 Kuching Sarawak

Telephone number

016-8716964

Birth date

30/8/1991

Age

25

Marital Status

Engaged

Academic Qualification

Bachelor of Accounting (Hons)

Skills

Accounting, Spreadsheet, Human Resource Management, Employee

Relations, Scheduling

Experience

2 years of working experience

Role in Business

Financial Manager

Administration Plan

H.A.R.K. TEAM BUILDING: INTRODUCTION TO THE ORGANIZATION

Address
H.A.R.K. Team Building, Taman Wu Fung, 94500, Lundu, Sarawak.
Location Plan

H.A.R.K. Team Building

Above is the location plan of H.A.R.K. Team Building. H.A.R.K. Team Building is located near
the hills of Gunung Gading. This location is chosen due of its wide space which is not restricted
by nearby buildings. The location is also suitable for all kinds of team building activities because
of its natural landform such as mountain and hills. This location is also reachable by our target
market which are the students of UiTM Sarawak Campus, UNIMAS, i-CATS and Swinburne. The
lack of competitors for the same type of business is also beneficial for us. Disturbance to the
surroundings are unlikely to occur as the location is far from human residence.

Building

H.A.R.K. TEAM BUILDING: OFFICE LAYOUT

BOOK
SHELF
CHAIR

CHAIR

TABLE

CHAIR

CHAIR

H.A.R.K. TEAM BUILDING: ORGANIZATIONAL CHART

Muhammad Khairul Anwar

Bin Suleiman
General Manager

Muhammad
Khairul Anwar
Bin Suleiman
Administration
Manager

Clerk

Ahmad Aiman Bin

Yunus

Rohn Laing Anak

Simon Saat

Ahmad Hazmi Bin

Lawrence

Marketing
Manager

Operation
Manager

Financial Manager

Jungle Tracking
Instructor

Wall Climbing
Instructor

Flying Fox
Instructor

Above is the organization chart of H.A.R.K. Team Building. The general manager and
administration manager of H.A.R.K. Team Building is Muhammad Khairul Anwar Bin Suleiman.
The marketing manager of H.A.R.K. Team Building is Ahmad Aiman Bin Yunus. Rohn Laing
Anak Simon Saat is the operation manager and Ahmad Hazmi Bin Lawrence is the financial
manager.

H.A.R.K. TEAM BUILDING: ADMINISTRATION PERSONNEL

Position

No. of Personnel

General Manager

Admin Manager

Marketing Manager

Operation Manager

Financial Manager

H.A.R.K. TEAM BUILDING: JOB DESCRIPTION

Position: General Manager
Job Description:
1. Increases management's effectiveness by recruiting, selecting, orienting, training, coaching,
counselling, and disciplining managers; communicating values, strategies, and objectives;
assigning accountabilities; planning, monitoring, and appraising job results; developing
incentives; developing a climate for offering information and opinions; providing educational
opportunities.
2. Develops strategic plan by studying technological and financial opportunities; presenting
assumptions; recommending objectives.
3. Accomplishes subsidiary objectives by establishing plans, budgets, and results measurements;
allocating resources; reviewing progress; making mid-course corrections.
4. Coordinates efforts by establishing procurement, production, marketing, field, and technical
services policies and practices; coordinating actions with corporate staff.
5. Builds company image by collaborating with customers, government, community
organizations, and employees; enforcing ethical business practices.
6. Maintains quality service by establishing and enforcing organization standards.
7. Maintains professional and technical knowledge by attending educational workshops;
reviewing professional publications; establishing personal networks; benchmarking state-ofthe-art practices; participating in professional societies.
8. Contributes to team effort by accomplishing related results as needed.

Position: Administration Manager

Job Description:
1. Maintains administrative staff by recruiting, selecting, orienting, and training employees;
maintaining a safe and secure work environment; developing personal growth opportunities.
2. Accomplishes staff results by communicating job expectations; planning, monitoring, and
appraising job results; coaching, counselling, and disciplining employees; initiating,
coordinating, and enforcing systems, policies, and procedures.
3. Provides supplies by identifying needs for reception, switchboard, mailroom, and kitchen;
establishing policies, procedures, and work schedules.
4. Provides communication systems by identifying needs; evaluating options; maintaining
equipment; approving invoices.
5. Purchases printed materials and forms by obtaining requirements; negotiating price, quality,
and delivery; approving invoices.
6. Completes special projects by organizing and coordinating information and requirements;
planning, arranging, and meeting schedules; monitoring results.
7. Provides historical reference by developing and utilizing filing and retrieval systems.
8. Improves program and service quality by devising new applications; updating procedures;
evaluating system results with users.
9. Achieves financial objectives by anticipating requirements; submitting information for
budget preparation; scheduling expenditures; monitoring costs; analysing variances.
10. Maintains continuity among corporate, division, and local work teams by documenting and
communicating actions, irregularities, and continuing needs.
11. Maintains professional and technical knowledge by attending educational workshops;
benchmarking professional standards; reviewing professional publications; establishing
personal networks.
12. Contributes to team effort by accomplishing related results as needed.

Position: Marketing Manager

Job Description:
1. Accomplishes marketing and sales human resource objectives by recruiting, selecting,
orienting, training, assigning, scheduling, coaching, counselling, and disciplining employees;
communicating job expectations; planning, monitoring, appraising, and reviewing job
contributions; planning and reviewing compensation actions; enforcing policies and
procedures.
2. Achieves marketing and sales operational objectives by contributing marketing and sales
information and recommendations to strategic plans and reviews; preparing and completing
action plans; implementing production, productivity, quality, and customer-service standards;
resolving problems; completing audits; identifying trends; determining system
improvements; implementing change.
3. Meets marketing and sales financial objectives by forecasting requirements; preparing an
annual budget; scheduling expenditures; analysing variances; initiating corrective actions.
4. Accomplishes marketing and sales objectives by planning, developing, implementing, and
evaluating advertising, merchandising, and trade promotion programs; developing field sales
action plans.
5. Identifies marketing opportunities by identifying consumer requirements; defining market,
competitor's share, and competitor's strengths and weaknesses; forecasting projected
business; establishing targeted market share.
6. Improves product marketability and profitability by researching, identifying, and capitalizing
on market opportunities; improving product packaging; coordinating new product
development.
7. Sustains rapport with key accounts by making periodic visits; exploring specific needs;
anticipating new opportunities.
8. Provides information by collecting, analysing, and summarizing data and trends.
9. Protects organization's value by keeping information confidential.

Position: Operations Manager

Job Description:
1. Improve the operational systems, processes and policies in support of organizations mission
specifically, support better management reporting, information flow and management,
business process and organizational planning.
2. Manage and increase the effectiveness and efficiency of Support Services (HR, IT and
Finance), through improvements to each function as well as coordination and communication
between support and business functions.
3. Play a significant role in long-term planning, including an initiative geared toward
operational excellence.
4. Oversee overall financial management, planning, systems and controls.
5. Management of agency budget in coordination with the Executive Director.
6. Development of individual program budgets
7. Invoicing to funding sources, including calculation of completed units of service.
8. Payroll management, including tabulation of accrued employee benefits.
9. Disbursement of checks for agency expenses.
10. Organization of fiscal documents.
11. Regular meetings with Executive Director around fiscal planning.
12. Supervise and coach office manager on a weekly basis.

Position: Financial Manager

Job Description:
1. Accomplishes finance human resource strategies by determining accountabilities;
communicating and enforcing values, policies, and procedures; implementing recruitment,
selection, orientation, training, coaching, counselling, disciplinary, and communication
programs; planning, monitoring, appraising, and reviewing job contributions; planning and
reviewing compensation strategies.
2. Develops finance organizational strategies by contributing financial and accounting
information, analysis, and recommendations to strategic thinking and direction; establishing
functional objectives in line with organizational objectives.
3. Establishes finance operational strategies by evaluating trends; establishing critical
measurements; determining production, productivity, quality, and customer-service strategies;
designing systems; accumulating resources; resolving problems; implementing change.
4. Develops organization prospects by studying economic trends and revenue opportunities;
projecting acquisition and expansion prospects; analysing organization operations; identifying
opportunities for improvement, cost reduction, and systems enhancement; accumulating
capital to fund expansion.
5. Develops financial strategies by forecasting capital, facilities, and staff requirements;
identifying monetary resources; developing action plans.
6. Monitors financial performance by measuring and analysing results; initiating corrective
actions; minimizing the impact of variances.
7. Maximizes return on invested funds by identifying investment opportunities; maintaining
relationships with the investment community.
8. Reports financial status by developing forecasts; reporting results; analysing variances;
developing improvements.
9. Updates job knowledge by remaining aware of new regulations; participating in educational
opportunities; reading professional publications; maintaining personal networks; participating
in professional organizations.

H.A.R.K TEAM BUILDING: SCHEDULE OF TASK AND RESPONSIBILITIES

Employees Fringe Benefits
1. Annual leave
An employee shall be entitled to paid annual leave of:
a. 8 days for every 12 months of continuous service with the same employer if he has been
employed by that employer for a period of less than 2 years;
b. 12 days for every twelve months of continuous service with the same employer if he has
been employed by that employer for a period of 2 years or more but less than 5 years; and
c. 16 days for every twelve months of continuous service with the same employer if he has
been employed by that employer for a period of 5 years or more; and if he has not
completed 12 months of continuous service with the same employer during the year in
which his contract of service terminates, his entitlement to paid annual leave shall be in
direct proportion to the number of completed months of service:
i.

Any fraction of a day of annual leave so calculated which is less than one-half of a
day shall be disregarded, and where the fraction of a day is one-half or more it shall
be deemed to be one day.

ii.

An employee who is on paid annual leave becomes entitled to sick leave or

maternity leave while on such annual leave, the employee shall be granted the sick
leave or the maternity leave and the annual leave shall be deemed to have not been
taken.

2. Public Holidays
a. Every employee shall be entitled to paid holiday at his ordinary rate of pay on the following
days in any one calendar year:
On ten of the gazetted public holidays, four of which shall bei.

the National Day;

ii.

the Birthday of the Yang di-Pertuan Agong;

iii.

the Birthday of the Ruler or the Yang di-Pertua Negeri of the State or the Federal
Territory Day; and

iv.

the Workers Day; and

v.

on any day declared as a public holiday under section 8 of the Holidays Act 1951;

3. Sick Leave
An employee shall, after examination at the expense of the employer take a sick leave for not
more than 3-15 days depending on the circumstances.

4. Maternity Leave
An employee shall, after examination at the expense of the employer, take a maternity leave
for until her child is born. However, the employee can only take her salary for the first month
after she take her leave and can take her salary only after she starts working again.

H.A.R.K. TEAM BUILDING: SCHEDULE OF REMUNERATION

Below is the schedule of remuneration of H.A.R.K. Team Building.
Position

General

No.

Monthly

EPF

SOCSO

Total

Salary

(RM)

(RM)

Amount

(RM)

11%

2000.00

220.00

35.85

2255.85

2000.00

220.00

35.85

2255.85

2000.00

220.00

35.85

2255.85

2000.00

220.00

35.85

2255.85

2000.00

220.00

35.85

2255.85

(RM)

Manager
Administrative
Manager
Marketing
Manager
Operations
Manager
Financial
Manager
TOTAL

11279.25

H.A.R.K. TEAM BUILDING: OFFICE FURNITURE AND FITTINGS

Type

Price/Unit (RM)

Quantity

Total Amount (RM)

Office Table

269.00

269.00

Office Chair

199.00

796.00

Book Shelf

159.00

159.00

TOTAL

1224.00

H.A.R.K. TEAM BUILDING: OFFICE EQUIPMENT

Type

Price/Unit (RM)

Quantity

Total Amount (RM)

Safe Box

299.00

299.00

Laser Fax Printer

636.00

636.00

Small Desktop

1699.00

6796.00

Microsoft Optical Mouse

35.00

140.00

399.00

1596.00

200
Monitor
TOTAL

9467.00

H.A.R.K. TEAM BUILDING: STATIONARIES

Type

Price/Unit (RM)

Quantity

Total Amount (RM)

Pen

0.80

20

16.00

Pencil

0.50

20

10.00

Ruler

0.80

3.20

A4 Paper

0.45

200

90.00

Liquid Paper

1.80

7.20

Stapler

2.00

8.00

Staples(1000)

0.40

10

4.00

Glue

3.00

12.00

TOTAL

150.40

H.A.R.K. TEAM BUILDING: ADMINISTRATIVE BUDGET

Items

Fixed Assets
(RM)

Monthly Expenses
(RM)

Other Expenses
(RM)

Fixed Assets
Office Furniture and Fittings
1224.00
Office Equipment
9467.00
Monthly Expenses
Salary (EPF + SOCSO)

11279.25

Land & Building (RENT)

5000.00

Utilities
Other Expenses
Rental Deposit (2 months)

130.00
1000.00

Stationaries

150.40

Utilities Deposit (2 months)

260.00

Business License
TOTAL

30691.00

16409.25

100.00
10510.40

Marketing Plan

H.A.R.K. TEAM BUILDING: SERVICES DESCRIPTION

No.

Services Name

Services Description
o A flying fox is a common way to return

1.

participants to the ground at the end of a

ropes adventure course.
o designated safety area of 5 metres either
side of a line corresponding with an
imaginary line on the ground directly
Flying Fox Activity

beneath the main hawser is to be

established and rigidly controlled to
ensure the safe operation of the Flying
Fox and to protect riders from physical
interference while traveling.
o Duration of this activity doing is 3-4
hours.
o Canoeing is a sport or recreational

2.

activity which involves paddling a canoe

with a single-bladed paddle
o Safety precautions of canoeing includes
wearing a lifejacket, understanding cold
Canoeing Activity

water safety and performing safety check

regularly.
o Duration of this activity doing is 4 hours

o Jungle trekking is a recreational

3.

activating whereas one explores the lush

and green forest or mountain.
o A professional advisor is required to keep
track of all participants to avoid unwanted
things to happen to them.
o Duration of this activity doing is 6 hours.
Jungle Trekking Activity
o Wall climbing is an activity where

4.

participants climb an artificially

constructed wall with grips for hands and
feet.
o Safety ropes are tied to climbers in case a
misstep happens which usually leads to
falling from the wall.
Wall Climbing Activity

o Duration of this activity doing is 4-5

hours.

Therefore,
Each activity of team building will be paid by RM15.
RM 15 x 4 activities = RM60 per person.
Foods and Drinks provided from H.A.R.K. Team Building

H.A.R.K. TEAM BUILDING: TARGET MARKET

Our target market are students from 4 universities:
1. MARA University of Technology (UiTM) Sarawak Campus,
2. University of Malaysia, Sarawak(UNIMAS),
3. International Collage of Advanced Technology Sarawak (i-CATS),
4. Swinburne University of Technology Sarawak Campus.

H.A.R.K. TEAM BUILDING: MARKET SIZE

Below is calculation for our market size:
1. UiTM
Estimated each university will send 1 course with 20 students (per package)
From 23 Undergraduates Programs (from 7,000 students),
23 x 20 = 460 students.

Estimated every course will send its student to team building every semester
(1 year = 2 semester).
460 x 2 = 920 students every year.

Every student pays RM60 to join team building.

920 x 60 = RM55200

2. UNIMAS
Estimated each university will send 1 course with 10 students (per package)
From 30 Undergraduates Programs (from 12,000 students)
30 x 10 = 300 students.

Estimated every course will send its student to team building every semester
(1 year = 2 semester).
300 x 2 = 600 students every year.

Every student pays RM60 to join team building.

600 x 60 = RM36000

3. i-CATS
Estimated each university will send 1 course with 116 students (per package)
From 10 Undergraduates Programs (from 2,500 students)
10 x 116 = 1160 students.

Estimated every course will send its student to team building every semester
(1 year = 2 semester).
1160 x 2 = 2320 students every year.

Every student pays RM60 to join team building.

2320 x 60 = RM139200

4. SWINBURNE
Estimated each university will send 1 course with 80 students (per package)
From 15 Undergraduates Programs (from 5,500 students)
15 x 80 = 1200 students.

Estimated every course will send its student to team building every semester
(1 year = 2 semester).
1200 x 2 = 2400 students every year.

Every student pays RM60 to join team building.

2400 x 60 = RM144000
TOTAL MARKET SIZE = RM55200 + RM36000 + RM139200 + RM144000
= RM 374400

H.A.R.K. TEAM BUILDING: MAIN COMPETITORS

NAME OF COMPETITOR
Damai Beach Resort, Kuching

Sumiran Eco-Camp, Kuching

STRENGTH
i.

Environmental

ii.

conditions are good

Safety guaranteed

i.
ii.

Cheap price
Complete of
facilities

WEAKNESS
i.
ii.

Expensive price
Lack of facilities

i.

Environmental
conditions are bad
Not safety guaranteed

ii.

H.A.R.K. TEAM BUILDING: MARKET SHARE

Market share is the division of market or sales between companies that are running the same type
of business activities. It will be considered number of competitors, experience, strength and
weaknesses. We have two business competition that are offering the same services in Kuching.
Basically, the market shares before the involvement of our company, H.A.R.K. Team Building,
two of our competition holds 55% and 45% respectively of total market share and can obtain
income about RM 374400 per year. The following table explains about the market share division
before and after our company enters the market.
Table 1: Market Share before entrance of H.A.R.K. Team Building
No.

Business Name

Market Share (RM)

Percentage (%)

1.

Damai Beach Resort, Kuching

205920

55

2.

Sumiran Eco-Camp, Kuching

168480

45

374400

100

Total

Market Share Before Entrance of H.A.R.K. Team Building

Sumiran Eco-Camp
45%

Damai Beach Resort, Kuching

Damai Beach Resort

55%

Sumiran Eco-Camp, Kuching

Pie Chart for Market Share Before Entrance of H.A.R.K. Team Building

Table 2: Market Share after entrance of H.A.R.K. Team Building

No.

Business Name

Market Share (RM)

Percentage (%)

1.

Damai Beach Resort, Kuching

168480

45

2.

Sumiran Eco-Camp, Kuching

112320

30

3.

H.A.R.K. Team Building, Lundu

93600

25

374400

100

Total

Market Share After Entrance of H.A.R.K Team Building

H.A.R.K Team Building

25%

Damai Beach Resort,

Kuching
45%

Sumiran Eco-Camp,
Kuching
30%

Damai Beach Resort, Kuching

Sumiran Eco-Camp, Kuching

H.A.R.K Team Building, Lundu

Pie Chart for Market Share After Entrance of H.A.R.K. Team Building

H.A.R.K. TEAM BUILDING: SALES FORECAST

The table below shows our sales forecast for year 2017
Month

Sales Collection (RM)

Remarks

January

28000

Initial opening

February

34500

Promotion

March

31200

April

30000

May

31200

June

31200

July

31200

August

33300

September

31200

October

30200

November

31200

December

31200

Total 2017

374400

Total 2018 (10%)

411840

Total 2019 (20%)

494208

We will get sales forecast:

Calculation for 2018
RM 374400 x 10% = RM 37440
RM 37440 + RM 374400 = RM 411840
Calculation for 2019
RM 411840 x 20% = RM 82368
RM 82368 + RM 411840 = RM 494208

Final Exam

Promotion

Final Exam

H.A.R.K. TEAM BUILDING: MARKET STRATEGY

1. Price Strategy
Although H.A.R.K. Team Building service is high-end and safe in terms of quality of, our
pricing structure remains affordable. Our pricing structure is also based on the activities
provided. For our services, we provide a fixed price at RM60 per person. Our pricing structures
are based on the fixed cost pricing. The pricing also is based on the cost from the initial outlay
and also on the value of the students place on this service.
2. Place Strategy
H.A.R.K Team Building is located at Lundu, Sarawak. The purpose of our services to operate
the team building activities within Lundu, Sarawak is that our service business is aiming the
universitys student and the population meets our target by provided beautiful scenery and
comfortable outdoor camp. Besides, we held our services in Lundu because Lundu is one of
the most visited recreational area.
3. Promotion Strategies
H.A.R.K Team Building introduces new service which is called as Team Building Activities
such as flying fox, canoeing, wall climbing, and jungle-trekking. Since we are not the first to
introduce this service in Sarawak, we need to implement an aggressive marketing promotion
to introduce our service to people. As starter, promotion of H.A.R.K Team Building is done
through non-media channel. As for our services, we promote our service through banner,
signboard and Facebook page which the total budgeted cost for the first year is about RM 2430.

i.

Banner
The important method in order to promote our company is to display our banner to the
students because this is an easy way for them to get to know our service. In the banner,
stated the name of our service, contact number, address and details about our service. So
the customers can easily contact, ask or deal with us. The cost of the banner is RM 150 per
banner and we put one banner in four different universities (UiTM Sarawak, UNIMAS, iCATS, Swinburne).

ii.

Signboard
Secondly, we also use signboard as one of our marketing strategies. Signboard put on front
of building. Its function for advertise business to people. As a sign for people which dont
see building.

iii.

Facebook page
Lastly, we also created a Facebook page to promote our service. This is the most effective
promotional strategy as everything is about Internet nowadays. We will establish our own
official business page and in fact, this is very easy to be done. It is totally free and we can
update our current doings every now and then without complex barriers so that our
customer will never be outdated. Information about our price list, packages offered and
other services would be available on the website. We also would to provide opportunities
for customers comment, suggestion and idea so that they know their voices are heard.

H.A.R.K TEAM BUILDING: MARKETING BUDGET

Marketing budget is essential to business plan. This report of the budget will help to estimate the
amount of capital needed to require materials that help to market strategy.

Items

Fixed

Monthly

Assets Cost

Expenses

(RM)

(RM)

Other Expenses
(RM)

Marketing Personnel

30

Stationery

Promotion

Signboard

Banner (RM 150 x 4 universities)

Total Expenses (RM)

1800
600
-

TOTAL MARKETING BUDGET

Fixed Asset Cost + Monthly Expenses + Other Expenses
RM 0 + RM 30 + RM 2400 = RM 2430

30

2400

Operational Plan

H.A.R.K. TEAM BUILDING: FLOW CHART PROCESS FOR CUSTOMER

RESERVATION SERVICE
Customer

Consultation

Customer fills a
reservation form

Customer paying
deposit

Gives customer a receipt and

business card

Customer leave

Flow chart above show the process of customer reservation service. First process is making an
appointment with the customer and then meets the customer. After that consult the customer
to increase their interest in H.A.R.K Team Building. If the customer interested, customer will
be given a reservation form and fill it directly. Customer has to pay deposit which is 5% from
their total price. For example: 50 student x Rm60 = Rm3000. So customer has to pay 5% from
rm3000 which is Rm150 and at the end of the event, the deposit will be given back to the
customer. After paying deposit customer will be given a receipt and a business card and then
customer leave.

H.A.R.K TEAM BUILDING: FLOW CHART PROCESS FOR CUSTOMER

REGISTRATION SERVICE
Customer

Register

Bring customer to their

dorm

Have a meeting with

customers

Gives customer short briefing

Give customer brochure about

H.A.R.K Team building details

Flow chart above show the process of customer registration service. First process is customer
come to H.A.R.K. Team Building office. After that customer register and then bring them to
their dorm so they can put all their bags and item. Next, have a meeting with customers and
give them a short briefing about base camp and safety. At the end of meeting, customers will
be given a brochure about H.A.R.K. Team Building details.

H.A.R.K. TEAM BUILDING: FLOW CHART PROCESS FOR FIRE DRILL

Alerting the alarm

Staff and customer

evacuate the building

Staff and customer goes to

the assembly point (Field)

Staff checks attendance of every

customer and make sure they
are in good condition

Check situation and call

for help if needed

Keep calm

Flow chart above show the process of Fire drill. First process is alerting the alarm to notice all
the customers and staff. After that customer and staff have to evacuate the building and goes
to the assembly (Field). Staffs have to check attendance of every customer and make sure they
are in good condition. After checking the attendance, they have to check the situation and call
for help if needed and then keep calm.

H.A.R.K. TEAM BUILDING: OPERATION HOUR AND BUSINESS HOUR

Operation Hour
Days
Monday Sunday

Time
24 Hour

Days
Monday Thursday
Friday Saturday
Sunday

Time
8.00am 1.00 pm & 2.00 pm 4.00 pm
8.00 am 12.00 pm & 2.00 pm 4.00 pm
Close

Business Hour

H.A.R.K. TEAM BUILDING: OPERATIONS PERSONNEL

Position

No. of Staff Required

Clerk

Activity instructor
-Jungle trekking
-Wall climbing
-Flying fox

H.A.R.K. TEAM BUILDING: SCHEDULE OF TASK AND RESPONSIBILITIES

Position

Clerk

Jungle trekking instructor

Wall climbing instructor

Flying fox instructor

Task and Responsibilities

Answer phones and greet clients warmly
Help organize office activities
Take and deliver messages
Sort and distribute incoming mail
Perform basic bookkeeping duties
Reroute call to appropriate people
Schedule meetings
Prepare checklist for item that should be bought
Give briefing about rules and regulation
Make sure participants is healthy
Make sure participants wearing a suitable clothes and
footwear.
Prepare aid kit
Bring participants on the right trek
Monitor all participant while in the jungle
Help participants in need
Give briefing about rules and regulation
Teach participants how to climb and come down from
the wall
Make sure all equipment is safe to use
Monitor participants while climbing the wall
Give briefing about rules and regulation
Teach participants how to sliding down the flying fox.
Make sure all equipment is safe to use
Make sure participants are ready to go.

H.A.R.K. TEAM BUILDING: SCHEDULE OF REMUNERATION

Position

No. of Staff
Required

Salary/Month
(RM)

EPF (RM)
8%

SOCSO
(RM)

Total
(RM)

Clerk
Activity instructor
-Jungle trekking
-Wall climbing
-Flying fox
TOTAL

1
3

900.00
650.00

72.00
52.00

16.65
11.35

988.65
2140.05

3128.70

H.A.R.K. TEAM BUILDING: MACHINE AND EQUIPMENT REQUIREMENT

Item

Quantity

Price/Unit

Total Price

( Unit )

( RM )

( RM )

Single canoe

750.00

4500.00

Canoe double paddle

125.00

750.00

Life jacket

10

45.00

450.00

Flying fox (Full set equipment)

2476.00

4952.00

Flying fox rope (11mm x 85M

length)

2900.00

2900.00

Wall climbing (Full set equipment)

2550.00

5100.00

Table (10m x 1m)

560.00

2800.00

Table (2m x 1m)

112.00

336.00

Benches (10m x 0.5m)

10

350.00

3500.00

Freezer

529.00

529.00

Refrigerator 620L fridge 2 door

2799.00

2799.00

TOTAL

28616.00

H.A.R.K. TEAM BUILDING: MISCELLANEOUS EQUIPMENT REQUIREMENT

Item

Quantity

Price / Units

Total

( RM )

( RM )

Mattress

170

30.00

5100.00

Pillow

170

20.00

3400.00

Blanket

170

15.00

2550.00

Microphone Stand
tripod

36.00

108.00

Double fold stretcher

350.00

350.00

First aid kit PVC

large

59.00

59.00

Cone (10pcs)

45.00

45.00

Baseball

70.00

140.00

Aluminum alloy
baseball bat

99.00

99.00

Baseball gloves

83.00

747.00

Soccer ball

58.00

116.00

101

20.00

2020.00

155.00

155.00

Plastic Chair
Gas stove
TOTAL

14889.00

H.A.R.K. TEAM BUILDING: MATERIALS EQUIPMENT REQUIREMENT

Item

Quantity

Price/Unit

Total Price

(Unit)

( RM )

( RM )

1010.00

3030.00

Portable PA System

650.00

650.00

Hailer(Megaphone with whistle)

240.00

240.00

Solar security spotlight

149.90

899.00

CCTV
(4CH 960H DVR x1
700TVL Dome Cam. X 4
HDD 1TB x 1)

TOTAL

4819.00

H.A.R.K. TEAM BUILDING: H.A.R.K TEAM BUILDING BASE AREA LAYOUT

Hill

Wall

Mud Field
Field
Shower

Flying Fox
Tower

Male Dorm

Barbeque and
Camp Site
Dining Hall

Lake

Female Dorm

Multipurpose
Hall
Office

Entrance

Security Guard
Hut

H.A.R.K Teambuilding base area layout is based on process. We placed office at the front of the main gates because the first
process to be carried out is at the office where customer can make reservation and a place to make a registration and after
registration, customer will be to bring to their dorm where the dorm is just behind the office and it will make the customer easier
to deal with the management if there is any problem. Dining hall and multipurpose hall is placed besides the dorm and the office
so it near for the customer to go to there. Barbeque and campfire site is placed between male and female dorm so it will be easier
for them to make and event for barbeque and chilling. Other than that, field, wall for wall climbing, mud field, lake, flying fox
are placed around the base camp so it easier for customer to make their event. Field is a place for them to make field activities
such as soccer and softball. Mud field is for mud activities and at the center of the mud field there is a log for them to crossing
the mud field and doing their activities such as mud fight. The shower next to the mud field is for cleaning their self from the
mud. Wall is for wall climbing activity and we provide 2 full set of wall climbing equipment. The lake is for kayaking activity
and the kayak that we provide only limit for 6 people. Above the lake there is a flying fox for flying fox activity. The hill behind
the base camp is for jungle trekking purpose.

H.A.R.K. TEAM BUILDING: MALE/ FEMALE DORM & SECURITY GUARD

HUT LAYOUT
Male/Female Dorm

Mattress and Pillow

Toilet and
shower

Toilet and
shower
Table

Chair

Security guard hut

Male and female dorm has five toilets and a place to take a shower. 80 units of mattress, pillow
and blanket is provided to each dorm and the arrangement is depending on the customers itself.
Security guard hut has a toilet and a place to take a shower. Besides, there is a table and chair
for them to doing their work.

H.A.R.K. TEAM BUILDING: DINING HALL LAYOUT

Table

Gas stove

Table
Freezer
Refrigerator

Table

Benches

In the dining hall there is kitchen area provided. In the kitchen, there is a freezer and refrigerator
provided for the caterer to put their raw material. 2 tables (2m x 1m) and a gas stove also
provided for the caterer to prepare the meals. In the dining hall, there is 5 tables (10m x 1m)
and 2 benches (10m x 0.5m) for each table for the customer to take their meals.

H.A.R.K. TEAM BUILDING: MULTIPURPOSE HALL

Stage

Stair

Stair

Chair

Chair

Multipurpose hall is a place for the customer to do their indoor activities. Plastic chairs are

arranged at the center of the hall for the audience to seat and enjoy their event. The plastic chair
can be move aside so they can have a bigger space to do their indoor activity and stage is placed
in front of the hall.

H.A.R.K TEAM BUILDING: OPERATIONAL BUDGET

Item

Fixed Asset:
- Machine and Equipment
- Materials Equipment
Monthly Expenses:
- Salary + EPF + SOCSO
- Utilities (Electricity + water)
Sub contract:
- Security services (900 x 2)
- Cleaner services (750 x 3)
- Catering services (Rm15 per person
for breakfast, lunch, dinner) x 160 student

Other Expenses:
- Utilities deposit (2 month)
- Miscellaneous Equipment
TOTAL

Fixed Asset
( RM )

Monthly
Expenses
( RM )

Other
Expenses
( RM )

28616.00
4819.00
3128.70
850.00
1800.00
2250.00
2400.00

33435.00

10428.70

1700.00
14889.00
16589.00

Financial Manager

H.A.R.K. TEAM BUILDING: PROJECT IMPLEMENTATION COST SCHEDULE

Project Implementation Cost

Requirements
Fixed Assets
Land & Building
Office & Fittings
Office Equipm ents

Cost

1,224
9,467

Machine & Equipm ents

Material Equipm ents

28,616
4,819

Working Capital
1 months
Adm inis trative
Marketing
Operations
Pre-Operations & Other Expenditure
Contingencies
5%

16,409
30
10,429
29,619
5,031

TOTAL

105,644

H.A.R.K. TEAM BUILDING: SOURCES OF FINANCE SCHEDULE

Sources of Finance
Loan

Hire-Purchase

Own Contribution
Cash
1,224
9,467

17,794
2,819

10,822
2,000

16,409
30
10,429
29,619
5,031
25,644

80,000

Existing F. Assets

H.A.R.K. TEAM BUILDING: LOAN AMORTIZATION (REPAYMENT) SCHEDULE

LOAN REPAYMENT SCHEDULE

Amount
Interest Rate
Duration (yrs)

Method
Year

1
2
3
4
5
6
7
8
9
10

Principal

8,548
8,548
8,548
0
0
0
0
0
0
0

25,644
5%
3
Baki Tahunan
Interest

1,282
855
427
0
0
0
0
0
0
0

Total Payment

Principal Balance

9,830
9,403
8,975
-

25,644
17,096
8,548
-

H.A.R.K. TEAM BUILDING: HIRE-PURCHASE REPAYMENT SCHEDULE

HIRE-PURCHASE REPAYMENT SCHEDULE

Amount
Interest Rate
Duration (yrs)
Year

5%
5

Principal

Interest

Total Payment

Principal Balance

1
2
3
4
5
6
7
8
9

10

H.A.R.K. TEAM BUILDING: FIXED ASSET DEPRECIATION SCHEDULE

Fixed Asset
Cost (RM)
Method
Economic Life (yrs)
Year

1
2
3
4
5
6
7
8
9
10

Annual
Depreciation

245
245
245
245
245
0
0
0
0
0

Fixed Asset
Cost (RM)
Method
Economic Life (yrs)

Office & Fittings

1,224
Straight Line
5
Accumulated
Depreciation

245
490
734
979
1,224
0
0
0
0
0

Book Value

1,224
979
734
490
245
-

Fixed Asset
Cost (RM)
Method
Straight Line
Economic Life (yrs) 5
Year

1
2
3
4
5
6
7
8
9
10

Annual
Depreciation

Accumulated
Depreciation

Year

1
2
3
4
5
6
7
8
9
10

Annual
Depreciation

1,893
1,893
1,893
1,893
1,893
0
0
0
0
0

Office Equipments
9,467
Straight Line
5
Accumulated
Depreciation

1,893
3,787
5,680
7,574
9,467
0
0
0
0
0

Book Value

9,467
7,574
5,680
3,787
1,893
-

Fixed Asset
Cost (RM)
Method
Straight Line
Economic Life (yrs) 5
Book Value

Year

1
2
3
4
5
6
7
8
9
10

Annual
Depreciation

Accumulated
Depreciation

Book Value

Fixed Asset
Cost (RM)
Method
Straight Line
Economic Life (yrs) 5
Year

1
2
3
4
5
6
7
8
9
10

Annual
Depreciation

Fixed Asset
Cost (RM)
Method
Straight Line
Economic Life (yrs) 5

Accumulated
Depreciation

Book Value

Fixed Asset
Cost (RM)
Method
Straight Line
Economic Life (yrs) 5
Year

1
2
3
4
5
6
7
8
9
10

Annual
Depreciation

Year

1
2
3
4
5
6
7
8
9
10

Annual
Depreciation

Accumulated
Depreciation

Book Value

Fixed Asset
Cost (RM)
Method
Straight Line
Economic Life (yrs) 5

Accumulated
Depreciation

Book Value

Year

1
2
3
4
5
6
7
8
9
10

Annual
Depreciation

Accumulated
Depreciation

Book Value

Fixed Asset
Cost (RM)
Method
Economic Life (yrs)
Year

Annual
Depreciation

5,723
5,723
5,723
5,723
5,723
0
0
0
0
0

1
2
3
4
5
6
7
8
9
10

Fixed Asset
Cost (RM)
Method
Economic Life (yrs)

Machine & Equipments

28,616
Straight Line
5
Accumulated
Depreciation

5,723
11,446
17,170
22,893
28,616
0
0
0
0
0

Book Value

28,616
22,893
17,170
11,446
5,723
-

Year

Annual
Depreciation

964
964
964
964
0
0
0
0
0
0

1
2
3
4
5
6
7
8
9
10

Material Equipments
4,819
Straight Line
5
Accumulated
Depreciation

964
1,928
2,891
3,855
0
0
0
0
0
0

Fixed Asset

Fixed Asset

Cost (RM)
Method
Straight Line
Economic Life (yrs) 5

Cost (RM)
Method
Straight Line
Economic Life (yrs) 5

Year

1
2
3
4
5
6
7
8
9
10

Annual

Accumulated

Depreciation

Depreciation

Book Value

Year

1
2
3
4
5
6
7
8
9
10

Annual

Accumulated

Depreciation

Depreciation

Book Value

4,819
3,855
2,891
1,928
964
964
964
964
964
964
964

Book Value

11,960

1,800
2,250
2,400

Security Services(900*2)

Cleaner Services(750*3)

Catering Services(15*160)

32,211

31,899

ENDING CASH BALANCE

313
31,899

31,899

CASH SURPLUS (DEFICIT)

BEGINNING CASH BALANCE

73,745

TOTAL CASH OUTFLOW

27,687

107

Tax Payable

712

Interest

44,126

17,559

Principal

Loan Repayment:

Interest

Principal

Hire-Purchase Repayment:

Hire-Purchase Dow n Payment

Purchase of Fixed Assets - Others

Purchase of Fixed Assets - Land & Building

Fixed Assets

Other Pre-Operations Expenditure

Insurance & Road Tax for Motor Vehicle

Business Registration & Licences

Deposit (rent, utilities, etc.)

Pre-Operations
100

850

Other Expenditure

3,129

Utilities(Electricity + Water)

30

130

Salaries, EPF & SOCSO

Carriage Inw ard & Duty

Payment of Account Payable

Cash Purchase

Operations Expenditure

Stationaries

Marketing Expenditure

Utilities

5,000
11,279

28,000

28,000

Salary(EPF & SOCSO)

Land & Building(Rent)

Administrative Expenditure

CASH OUTFLOW

TOTAL CASH INFLOW

Collection of Accounts Receivable

105,644

25,644

Loan

Cash Sales

80,000

Capital (Cash)

CASH INFLOW

MONTH Pre-Operations

39,024

32,211

6,813

27,687

107

712

2,400

2,250

1,800

850

3,129

30

130

11,279

5,000

34,500

34,500

42,537

39,024

3,513

27,687

107

712

2,400

2,250

1,800

850

3,129

30

130

11,279

5,000

31,200

31,200

44,850

42,537

2,313

27,687

107

712

2,400

2,250

1,800

850

3,129

30

130

11,279

5,000

30,000

30,000

48,363

44,850

3,513

27,687

107

712

2,400

2,250

1,800

850

3,129

30

130

11,279

5,000

31,200

31,200

51,876

48,363

3,513

27,687

107

712

2,400

2,250

1,800

850

3,129

30

130

11,279

5,000

31,200

31,200

55,388

51,876

3,513

27,687

107

712

2,400

2,250

1,800

850

3,129

30

130

11,279

5,000

31,200

31,200

H.A.R.K. Team Building

PRO FORMA CASH FLOW STATEMENT

61,001

55,388

5,613

27,687

107

712

2,400

2,250

1,800

850

3,129

30

130

11,279

5,000

33,300

33,300

64,514

61,001

3,513

27,687

107

712

2,400

2,250

1,800

850

3,129

30

130

11,279

5,000

31,200

31,200

67,027

64,514

2,513

27,687

107

712

2,400

2,250

1,800

850

3,129

30

130

11,279

5,000

30,200

30,200

10

70,540

67,027

3,513

27,687

107

712

2,400

2,250

1,800

850

3,129

30

130

11,279

5,000

31,200

31,200

11

74,053

70,540

3,513

27,687

107

712

2,400

2,250

1,800

850

3,129

30

130

11,279

5,000

31,200

31,200

12

74,053

74,053

405,991

1,282

8,548

44,126

17,559

100

11,960

28,800

27,000

21,600

10,200

37,548

360

1,560

135,348

60,000

480,044

374,400

25,644

80,000

TOTAL YR 1

154,074

74,053

80,021

331,819

855

8,548

28,800

27,000

21,600

10,200

37,548

360

1,560

135,348

60,000

411,840

411,840

YEAR 2

316,891

154,074

162,817

331,391

427

8,548

28,800

27,000

21,600

10,200

37,548

360

1,560

135,348

60,000

494,208

494,208

YEAR 3

H.A.R.K. TEAM BUILDING: PROFORMA CASHFLOW STATEMENT

H.A.R.K. TEAM BUILDING: PRO-FORMA INCOME STATEMENT

H.A.R.K. Team Building

PRO-FORMA INCOME STATEMENT

Sales

Year 1
374,400

Year 2
411,840

Year 3
494,208

196,908

196,908

196,908

360

360

360

Less: Cost of Sales

Opening stock
Purchases
Less: Ending Stock
Carriage Inward & Duty
Gross Profit
Less: Enpenditure
Administrative Expenditure
Marketing Expenditure
Other Expenditure
Business Registration & Licences

100

Insurance & Road Tax for Motor Vehicle

Other Pre-Operations Expenditure

17,559

Interest on Hire-Purchase
Interest on Loan

1,282

855

427

Depreciation of Fixed Assets

8,825

8,825

8,825

Operations Expenditure

125,148

125,148

125,148

Total Expenditure

350,182

332,096

331,669

Net Profit Before Tax

24,218

79,744

162,539

Tax
Net Profit After Tax
Accumulated Net Profit

0
24,218
24,218

0
79,744
103,962

0
162,539
266,501

H.A.R.K TEAM BUILDING: PRO-FORMA BALANCE SHEET ACCOUNT

PRO-FORMA BALANCE SHEET
Year 1

Year 2

Year 3

ASSETS
Non-Current Assets (Book
Value)
Land & Building
Office & Fittings
Office Equipment

979
7,574

734
5,680

490
3,787

Machine & Equipment

Materials Equipment

22,893
3,855

17,170
2,891

11,446
1,928

Other Assets
Deposit

11,960

11,960

11,960

47,261

38,435

29,611

0
0

0
0

0
0

74,053

154,074

316,891

74,053

154,074

316,891

133,274

204,470

358,461

80,000
24,218
11,960
116,178

80,000
103,962
11,960
195,922

80,000
266,501
11,960
358,461

17,096

8,548

17,096

8,548

133,274

204,470

Current Assets
Stock of Raw Materials
Stock of Finished Goods
Accounts Receivable
Cash Balance

TOTAL ASSETS
Owners' Equity
Capital
Accumulated Profit
Deposit
Long-Term Liabilities
Loan Balance
Hire-Purchase Balance
Current Liabilities
Accounts Payable
TOTAL EQUITY & LIABILITIES

358,461

H.A.R.K. TEAM BUILDING: CONCLUSION AND RECOMMENDATIONS

In conclusion, event management business is a potential industry to be tapped into
because there is lot of potential customer; individual group customer, public and private sector
who always have a function that they need the service of external party to conduct.
Moreover, bumiputera entrepreneurs have higher advantages to enter the market as long
as they are creative, innovative and passionate in the industry that they exploring.

APPENDICES