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Entrepreneurships

(ent 600)

Group Members :
1.

FAIZ SHAFIQ BIN ZAILI

2.

MOHAMAD KHIR ZAHARI BIN HARIP

3.

NUR SHAFIQAH BINTI KHAIRUDDIN

4.

NUR AMALINA BINTI AHMAD TAIFUDDIN

5.

NURFARAHIN FATIHA BINTI SUHAIMI

Submited date:20.19.2014

TABLE OF CONTENTS
COVER

TABLE OF CONTENTS

THE BODY OF BUSINESS BLUEPRINT

1.

EXECUTIVE SUMMARY

2.

PRODUCT/SERVICE DESCRIPTION

3.

TECHNOLOGY DESCRIPTION

4.

MARKET ANALYSIS AND STRATEGIES

5.

MANAGEMENT TEAM

6.

FINANCIAL ESTIMATES

7.

PROJECT MILESTONES

8.

CONCLUSIONS

9.

APPENDICES

1.0 Executive Summary


SKIF Company have new product to introduce to the consumers which is the Portable Mini
Washing Machine. Our company is targeting in supply for washing machine since it is people daily
routine to wash clothes. Portable Mini Washing Machine is a customer- friendly which is helps
people saving time and ease to wash clothes. As many years passed by, the living accommodation
cost is always increasing. Nowadays, there are some people cannot afford to buy a washing
machine that is increasingly sophisticated. Therefore, Portable Mini Washing Machine can help
the consumer to have washing machine that are affordable and easy to use. Overall marketing
strategy will be included specific marketing philosophy and strategy of the company, the value
chain and the channel of distribution in the target market. First of all, our target market will be
based on the residence in Shah Alam area since our company was nearby Shah Alam. For initial
intensive selling effort, our company has set the target customers in other words, types of customer
groups that would buy our product. Our target customer is for students that staying in hostel and
secondly is the people that always travel or outstation. The lastly, our target customer is the family
residence which maybe cannot afford the high technology washing machine nowadays. The
product is designed to save time and ease in washing clothes. It will ease and minimise the time
for people that are always busy. The price is reasonable and there is no physical energy used. Our
company target for production in 2nd year we will target to increase it by RM 1 500,000. The
management team in our company consist of several sections and is conducted by experienced
employee to make sure our company is run efficiently.

2.0 Product Description


The product of S.K.I.F Company would like to produce the Portable Mini Washing Machine. The
washing machine is unique, compact design and portable. The function of this portable mini
washing machine are washing and drying cloth as same as normal washing machine. Its load
capacity is about 3.5kg-4.0kg and its dimension is 52cm x 37cm x 35cm. It is surprisingly effective
despite their small size. Though it average a little less than half the load capacity of regular-sized
washing machines, this portable washing machine will washing clothes just as clean as a normal
washing machine. Furthermore, the weight of this mini washing machine is 8 kg. Thus, the
compact nature of portable washers makes them much more manageable to lug around than
commercial-sized machines. Plus, this portable mini washer can fit almost anywhere.
Then, the product can save time, water, money and energy used. The smaller load sizes equals less
water and detergent used which its meaning can save money. If we live in the apartment or small
house that not have enough space for home appliances such as washing machine, we need to go to
laundromat (self-service laundry shop) to wash our clothes that maybe can waste our time and
energy for others important thing to do. So, this portable washing machine can solve our problem
in addition to save our time and energy. It also can be washing simultaneously and operates in low
noise (less than 60dB) and smooth. Then, the power usage is 220V/300W/50Hz that is very low
in saving electric energy. This product is made of plastic body with the best quality that has high
resistance to rusting. It is also available in three colors which are blue, red and purple. It may not
come in flashy colors, but the product featured design properties is unique such as has adjustable
legs for stability on uneven surfaces and installable plates for quieter operation. This portable mini
washing machine is rated ease of use on features like dispensers for detergent, softener and bleach,
has two timers (one for washing and another one for drying), automatic water levels and safety
precautions such as one that prevents the washing machine from operate while the lid is open.

3.0 TECHNOLOGY DESCRIPTION

Nowadays, when we go out to market to buy any appliance, we have no idea on what
type of appliance that we should buy in order to fits our need and efficient to us. Finding the
right one may be challenging since we want the best appliance to make us feel easy and save our
time. Washing machines are no different. For more than six decades, there has been little
innovation in domestic laundry. From year to year, there have been at best, marginal increases in
the effiency of laundry systems. Therefore, with the goal of placing a washing machine in every
household we have develop a new technology called Mini Portable Washing Machine and Dryer
in which it is easy, fast and safe to be used.
The Mini Portable Washing Machine and Dryer is Automatic washing machine in which
the machine not only washes the clothes but also extracts most water out of it after washing. This
machine equipped with dryer with sensor dry-automatically turns off when your clothes are dry.
The operation is simple and the machine lid with handle for easy open. The power consumption is
only 135-200W and the energy used is less. This is top loading design or vertica-axis clothes
washer. The clothes are place in a vertically mounted perforated basket that is contained within a
water-retaining tub, with a finned water-pumping agitator in the center of the bottom of the basket.
Clothes are loaded through the top of machine which is covered with a hinged door.
We used alternating current motor because AC motor work with a slightly different way:
they pass alternating current through opposing pairs of magnet to create a rotating magnetic field,
which induces (creates) a magnetic field in the motors rotor, causing it to spin around.
Compared to DC, AC has ability to efficiently distribute power at low voltages. It is important in
developing technology we use low voltage value because we can cut cost and make it more
efficient to use since it is portable. The washing machine made of high quality engineering plastics,
not easy to change type and light in weight. Plastic possess very good strength and toughness. Also
good shock absorption capacity. They also have low thermal expansion of co-efficient and posses
good thermal and electrical insulating property.

Motor voltage rating

220 V AC

Power consumption

200-300W

Net Weight

0 5 kg

Maximum machine weight allowable

4.5 kg

Rated Frequency

50/60Hz

Tub Materials

Plastics

Power Source

Electrics

Dimension

34 mm x 300 mm x 450 mm

4.0 MARKET ANALYSIS AND STRATEGY


Market size is the estimation how big our market can be in our market area. In order to determine
the market size in the area, we might have one of our staff to stand with a clipboard and a sample
product in front of the space and ask pedestrians if they would frequent such an establishment.
They will stop by theyself once and our salesmarketer will make a demo on how to use it. This
also will be particularly important when planning a budget. For every company, marketing plan is
the most important part of the business.

There are no uses of good quality product if the company fails to sell the product maximally. The
good marketing plan should study about the customer behavior, what the customer's needs and
wants, which are the potential buyers and how to satisfy the customers.

Customer
For our business, we did some research for the targeting customers. We have classified our
customers in some categories. They are students,traveller and family. Because of limited resources
and competition in our market, we hesitant that we are able to sell our product with equal efficiency
and services to the entire market. Therefore, before we decide which market to enter, we analyze
the best potential buyers using market division. We divided our market division into three groups
to offer our product with different market mix:
Group 1: students
Group 2: travellers/backpackers
Group 3: family

Students always have their own time with the studies and most of the time they will use to the
things that has been priorities.They will choose the simplest and easiest way to make their life
complete.This is one of the way we proposed and students be our target market.
Our next target customer in the market is travller and backpackers.Customer like this will find the
lighter and smaller equipment to occupy their bags.This product was very compatible and suitable
for the customers range like this.

Other target customer was family.Some of the family were very busy in their life with the job and
time to manage were very limited.This is one of the alternative besides using the normal washing
machine which is have to handle at the right place,time and others.

Market Size and Trends


The size of the current total market is thoroughly taken consecutively since early 2012 until end
of the year 2012. As visualized, the size of the current total market in january 2012 is 200 units
based on per month. The end of disember 2012 is about 2400 units. In the following year, the total
size is much better among those after year 2012 when achieved to 2400 units.The following years
will be under supervission in order to sustain the sales also product in and out.

250
200

units

150
100

Series 1

50
0
1

10

11

12

month

Table 4.2 : Major Competitors


Competitors

Strengths

Weaknesses
- most expensive

Techshop Enterprise

- high quality of materials

- Not have too much


Experience

Northronic Sdn Bhd


Grand Spectra Sdn Bhd

- one year warranty


- cheapest product among all

- most expensive
- no warranty
- They have many

Jardi Jaya Enterprise

- good service

competitors
even the location are
strategic

4.3

Competition and Competitive Edge

As we can see from comparison table above, there are four (4) main competitors with the same
interest. The four main competitors are Techshop Enterprise, Northronic Sdn Bhd, Grand Spectra
Sdn Bhd and Jardi Jaya Enterprise. Many costumers are preferably to go among these four
companies due to their strengths in marketing. However, there are some weaknesses for these
companies. We successfully encountered their strengths and weaknesses as shown in the table
above. This is to ensure that our company is different and far better than them.

As for us we provide better quality,affordable,compatible and reasonable price, simple yet


new and advanced technology, good service, friendly workers, and maintenance free. By providing
all these features, we are not only giving benefits to our business but also we prioritized our
customers. They will find our new service is better than others could offer. This will help to
improve and to show others that we are also competent as we successfully create such technology
which is the first in country. This will make our competetors not in a comfortable surroundings.
9

The fundamental value that had been added to our service is the main thing about customer
satisfaction and guarantee. Customers are always right, that what we use. To make sure customer
is always right, the review of our service and product is continuously. This can ensure customer
feel good,easier and happy with service given and product sell, also, increase marketing of
company.

10

4.4

Estimated Market Share and Sales

4.4.1 Market Share

Market share before SKIF COMPANY enter


Northronic
Sdn Bhd

Techshop
Enterprise

Grand
Spectra Sdn
Bhd
Jardi Jaya
Enterprise

Market share after tree month SKIF COMPANY enter

Techshop
Enterprise

SKIF
Company

Jardi Jaya
Enterprise

Grand
Spectra Sdn
Bhd
Northronic
Sdn Bhd

11

4.5

Marketing Strategy

4.5.1 Strengths and Weakness of Competitors


Our product has several competitors such as Techshop Enterprise, Northronic Sdn Bhd, Grand
Spectra Sdn Bhd and Jardi Jaya Enterprise. and others. All competitors have their own strengths
and weaknesses.
In general, all the competitors strengths are:
They have a stable financial with a good reserve of equity due to their amount of years the
company has established in the market.
Their company is well-known.
They have regular customers.
The qualities of their products are proven.
They have good promotion strategies.
They provide good services.
They have good in take over the customer
The competitors weaknesses are:
They sell their product with higher price.
They dont have any market plan for their customers.
The location is not suitable.
The working hours is not flexible

From our researched, we decide that our marketing strategy is based on marketing mix. Below
are the results of the research:

Product
SKIF COMPANY provides the product where the customers can get many benefit from using
our product.

Price
We promote the product in a lower price compare to other competitor
12

Location
We locate our company at the strategic place that easily for customer
to come and buy it.

Promotion
For the promotion, we use the pamphlet to approach our market target. Apart from that, we also
uses our communication skills in direct selling to persuade the customers and convince them that
our product can give more benefit to them.

4.5.2 Overall Marketing Strategy


For our product Mini Portable Washing Machine, we have come out with some business strategies
in order to deliver a convincing promotion:
Signboard or signage at appropriate place and clearly visible.
Provide delivery services to the costumer who has order the product and that will make easier for
customer to take order.
We will spread widely the pamphlet to the customer and others to promote our product
4.5.3 Sales Tactics
SKIF Company sales tactics are enforced by its sales forces and direct mail. Marketing department
has already assisted by sales forces hired by top management in order to distribute company
information and to promote product specialties to customers. Moreover, SKIF Company has
developed its own website which initiated by those sales forces and quality control department.
Through mail, it will be more convenience for customers to reach companys products and thus
own them via internet purchasing which is easier, faster, and most importantly secured.

13

4.5.4 Advertising and Promotion


Business Card
All the board of company directors will be provide with business card as an advertising method
when dealing with the customers.
Pamphlet
We use high quality and attractive pamphlets to give good perception to our customers together
with the information about our company.
Signboard
We used high quality and coloring signboard at nearest area to attractive customers assumes them
to visit and gain to try in our company.
Website

4.5.6 Distribution

1.

Distribution to Students

Supplier

retailer

customer/students
14

2.

Distribution to traveller/backpackers

Supplier

Retailer

Traveller/backpacker

3.

Distribution to family

Supplier

Retailer

Family
15

5.0 MANAGEMENT TEAM


MANANGEMENT TEAM
5.1

Organization and Organization Chart

(a)Key management roles in Creative Inventor Company


Key Management Roles

Name

Executive Manager

Mohamad Khir Zahari Bin Harip

Financial Manager

Faiz Shafiq Bin Zaili

Marketing Manager

Nur Shafiqah Binti Khairuddin

Operational Manager

Nur Amalina Binti Ahmad Taifuddin

Project Team Manager

Nurfarahin Fatiha Binti Suhaimi

16

Executive
Manager
Mohammad Khir Zahari Bin Harip

Financial
Manager
Faiz Shafiq Bin
Zaili
(b)Excessive overhead

Marketing
Manager

Operational
Manager
Nur Amalina
Binti Ahmad
Taifuddin

Nur Shafiqah
Binti
Khairuddin

Project Team
Manager
Nurfarahin Fatiha
Binti Suhaimi

required for executive role

There are few overhead required for executive role for our new product which is portable
washing machine and in the same time want to increase the competitiveness of SKIF Company.
An excessive overhead was required is as followed:
i.

Finance specialist: To control the marketing and financial for the SKIF Company

ii.

Supervisor: Supervisor will support the team organization and observe the creativeness
and quality of the team especially when their key employees have a duty outside the office.

iii.

Professional operation worker: Will make sure the quality check for the raw material of
the product import from other companies besides control the export of the products for
maintenances and the security of the product.

17

5.2

Key Management Personnel

a) Career Highlights

Names and Positions

Career Highlights

Academic Qualification: Bachelor Degree

Mohamad Khir Zahari Bin Harip

(Hons.) Chemical Engineering and Process


(Executive Manager)

Course Attended;

i.

Entrepreneurship Course

ii.

Business Seminar with Dr. Azizan

i.

Skills;
Fluent in Bahasa Malayu, English and
Japanese Language

ii.

Good in Leaderships

iii.

Familiar with Microsoft Office, Power


Point and Excel

i.

Experiences:
Financial Manager at Pharmaceutical
Sdn.Bhd

ii.

Marketing Manager In Bank Rakyat

18

Faiz Shafiq Bin Zaili

Academic Qualification: Bachelor Degree


(Hons.) Chemical Engineering and Process

(Financial Manager)

Course Attended:
Entrepreneurship Course

Skills:

i.

General Knowledge On Financial

ii.

Skillful In Budgeting of Product

iii.

Fluent in Bahasa Malayu, English and


Mandarin Language

Experiences;
i.

Nur Shafiqah Binti Khairuddin

Have a business experience

Academic

Qualification:

Bachelor

Degree (Hons.) Chemical Engineering

(Marketing Manager)

and Process

i.

Course Attended:
Technopreneurship

Seminar

with

MEDEC

i.

Skills;
Fluent in Bahasa Melayu, English and
Mandarin

ii.

Good in Planning Marketing Strategy

19

Experiences;

- Marketing Manager (Jusco)

Academic Qualification: Bachelor Degree

Nur Amalina Binti Ahmad Taifuddin

(Hons.) Chemical Engineering and Process

(Operational Manager)

Course Attended:
i.

Entrepreneurship Course

ii.

Operational

Management

with

SME Corp.
iii.

i.

Entrepreneurship with MEDEC

Skills;
Fluent in Bahasa Melayu, English and
Mandarin

ii.

Excellent

in manage the operation

work

Experiences;
Human Resource Manager (LHDN)

Nurfarahin Fatiha Binti Suhaimi


(Project Team Manager)

Academic Qualification: Bachelor Degree


(Hons.) Chemical Engineering and Process

20


i.

Course Attended:
Technopreneurship

Seminar

with

MEDEC
ii.

Entrepreneurship Course

Skills;
i.

Fluent

in

Bahasa

Melayu,

English and Mandarin

Experiences;
Support team supervisor
(Barrys Callebaut)

b) Duties and Responsibilies


Names and Positions

Duties and Responsibilities

team.

Mohamad Khir Zahari Bin Harip


(Executive Manager)

Lead the direction of the project and manage the

Find the aims and try to achieve with determining


the vision and the mission of the company.

Plan the management of the business with the


strategic strategy of the business

21

Supervise all activities and employees to make sure


they performing in their task.

Faiz Shafiq Bin Zaili

Responsible in controlling the company's finance..

Arrange and manage the loan payment and product


profit.

(Financial Manager)

Nur Shafiqah Binti Khairuddin

Prepare business annual budged.

Present statements and financial report.

Arrange employees salary.

Researching

reporting

on

external

opportunities

(Marketing Manager)

Nur Amalina Binti Ahmad Taifuddin

and

Understanding current and potential customers

Developing the marketing strategy and plan

Monitoring the working procedure.

Ensure the maintenance of quality product and


quality control.

(Operational Manager)

Supervise the assembling process of portable


washing machine.

Monitor the request stock to be purchased

Ensure all equipment and materials in good quality.

Managing change of technical side


22

Nurfarahin Fatiha Binti Suhaimi

Ensuring that change management is related with


the project by providing the appropriate resources

(Project Team Manager)

such as in budgeting, personnel and time.

Arrange the change management strategy into the


technical side to plan and create one smooth project
plan.

5.3

Management Compensation and Ownership

Names and Positions

Monthly Salary

Share of Ownership

Amount of Equity
Invested

Mohamad Khir Zahari Bin

RM2000

40%

RM30000

Zaili

RM1500

20%

RM20000

Binti

RM1500

20%

RM15000

Nur Amalina Binti Ahmad

RM1500

20%

RM15000

Rm1500

20%

RM15000

Harip
(Executive Manager)
Faiz

Shafiq

Bin

(Financial Manager)
Nur

Shafiqah

Khairuddin
(Marketing Manager)

Taifuddin
(Operational Manager)
Nurfarahin

Fatiha

Binti

Suhaimi

23

(Project Team Manager)

5.4

Supporting Professional Advisor and Services


Supporting Services Required

There are many services that required for our new product which is portable washing machine and
in the same time want to increase the competitiveness of SKIF Company. A service that was
required is as followed:

Technical Support

Product Repair

Product Returns Management

To control the technical machines where it used in the production product, technical support
services needed. There are also need product repair services for repairing the equipment and
machines damage.
Product returns management services which are specialized in product returns, return
consolidation and inspection of returned product. Due to this service it will help the company to
recover and return excess goods, providing a better return process to the customers. This also
allowed the company to properly dispose and recover our product

24

6.0 FINANCIAL PLAN


1 Product buy prices:-RM150
1 Product Sell prices :- RM 250
Our target in 1 month buy :- 200 unit =RM 30, 000
Our target in 1 month sell :- 200 unit =RM 50,000
Sales and Purchase Projection
Sales Projections

Purchase Projections

RM

RM

January

2012

50,000

January

2012

30,000

February

2012

50,000

February

2012

30,000

March

2012

50,000

March

2012

30,000

April

2012

50,000

April

2012

30,000

May

2012

50,000

May

2012

30,000

June

2012

50,000

June

2012

30,000

July

2012

50,000

July

2012

30,000

August

2012

50,000

August

2012

30,000

September

2012

50,000

September

2012

30,000

October

2012

50,000

October

2012

30,000

November

2012

50,000

November

2012

30,000

December

2012

50,000

December

2012

30,000

Total

2012

600,000

Total

2012

360,000

Total

2013

600,000

Total

2013

360,000

Total

2014

600,000

Total

2014

360,000

Purchase Payments

Sales Collections
In the month of sales

100%

In the month of purchase

100%

One month after sales

0%
0%

One month after purchase

0%
0%

Two months after sales

Two months after purchase

25

FINANCIAL ESTIMATE
Names and Positions

Monthly Salary

Employees

Social

Security

Provident

Fund Organization

(EPF) 12%

(SOCSO) 2%

RM240

RM40

Zaili RM1500

RM180

RM30

Binti RM1500

RM180

RM30

Nur Amalina Binti Ahmad RM1500

RM180

RM30

RM180

RM30

Mohamad Khir Zahari Bin RM2000


Harip
(Executive Manager)
Faiz

Shafiq

Bin

(Financial Manager)
Nur

Shafiqah

Khairuddin
(Marketing Manager)

Taifuddin
(Operational Manager)
Nurfarahin

Fatiha

Binti Rm1500

Suhaimi
(Project Team Manager)

26

6.1 START-UP COST


A. START-UP COSTS

(Estimated Estimated
COST) RM

Economic
Life
(Years)

Administrative/Organisation
Land &building

Business fixtures and equipment

5000

Office Supplies

10,000

Advertising for opening

4000

Legal and Professional fees

500

3000

Lorry

40,000

Total

62500

Sales/Marketing
Signboard

Operations/Technical

27

6.2 WORKING CAPITAL


Pre-Operating & Incorporation

RM

Costs (one-off)
Development Cost

Business Incorporation

5000

Deposit(rent,utilities,etc)

10,000

Other pre-operating &


Incorporation costs
Sales & Marketing Costs
(Monthly)
Delivery expenses

500

Advertising(flyer)

500

Salesman Commission

100

General & Administrative Costs


(monthly)
Utilities

1000

Salaries, Wages, EPF & SOCSO

9120

Operation & Technical Cots


(monthly)
Purchase of Raw Material/Goods
Carriage Inwards
Salaries, Wages, EPF & SOCSO

30000
2052

Other Expenditure (annually)


Business registration and

670

Licenses
Other expenditure

1000

28

Insurances and Road Tax for

3000

Motor Vehicle
Total Pre-Operations & Working

62,942

Capital Expenditure

Annual Increase in Working Capital (if any)


Years 2

0%

Years 3

0%

Tax Rates
Years 1

25%

Years 2

25%

Years 3

25%

29

6.3 START-UP CAPITAL AND FINANCING


Each board member is doing personal loan and provides RM 125,442 for the company at the
initial stages as our capital.

Capital Expenditure
Land & Building
Business Fixtures and
Equipment
Offices supplies
Advertising for opening
Legal and professional fees
Signboard

Own Contributions
Existing F.
Cash
Assets

Cost

Loan

HirePurchase

5,000

5,000

10,000

10,000

4,000
500
3,000

4,000
500
3,000
-

Loryy

40,000

40,000
-

Working Capital
Sales & Marketing Costs
(monthly)
General & Administrative
Costs (monthly)
Operations & Technical Costs
(monthly)
Pre-Operating &
Incorporation Costs (one-off)
Other Expenditure (annually)

1,100
10,120

10,120

32,052

32,052

15,000

15,000
4,670

4,670

Provision for Contingencies


TOTAL

1,100

125,442

75,442

10,000

40,000

30

Proposed Terms of Loan (if required)


Interest rate
Loan tenure (years)

5%
10

Proposed Terms of Hire-Purchase (if


required)
Interest rate
5%
Tenure (years)
5

31

6.5 INCOME STATEMENT


Years

2012

2013

2014

Sales

600,000

600,000

600,000

Less: Cost of Sales (Notes 1 & 2)

360,000

360,000

360,000

Gross Profit

240,000

240,000

240,000

Less: Expenditure
Pre-Operating & Incorporation Expenditure

5,000

General & Administrative Expenditure

121,440

121,440

121,440

Sales & Marketing Expenditure

13,200

13,200

13,200

Operations & Technical Expenditure

24,624

24,624

24,624

Other Expenditure

4,670

4,670

4,670

Interest on Hire-Purchase

2,000

2,000

2,000

Interest on Loan

500

460

419

Depreciation of Fixed Assets

15,333

15,333

15,333

Total Expenditure

186,767

181,728

181,686

Net Income Before Tax

53,233

58,272

58,314

Tax

13,308

14,568

14,579

Net Income After Tax

39,925

43,704

43,736

Accumulated Net Income

39,925

83,629

127,364

Note 1
Cost of Sales
Opening inventory
Add: Total Purchases

0
360,000

360,000

360,000

360,000

360,000

360,000

Carriage Inwards & Duty


Less: Ending Inventory
Total

32

SUMMARY

Total Sales

2012

Total

Net

Expenditure

Income

186,767

39,925

58,272

43,704

58,314

43,736

600,000
2013
600,000
2014
600,000

33

6.4 Cash Flow Statement

2
MONTHLY
0
CASH
1
FLOW
2
MO
NTH

CAS
H
INFL
OW
Capi
tal
(Cas
h)

Loan

Pre
Op
erat
ion
s

Fe
br
ua
ry

M
ar
c
h

A
pr
il

M
a
y

J
u
n
e

J
ul
y

A
ug
us
t

Sep
tem
ber

Oc
to
be
r

No
ve
mb
er

De
ce
mb
er

20
12

2013

2014

75,
442

75
,4
42

10,
000

10
,0
00

Cas
h
Sale
s
Colle
ction
of
Acco
unts
Rec
eiva
ble
TOT
AL
CAS
H
REC
EIPT
CAS
H
OUT
FLO
W
Preoper
ating
&

Ja
nu
ar
y

85,
442

15,
000

50,
00
0

50,
00
0

50,
00
0

50,
00
0

5
0,
0
0
0
0

5
0,
0
0
0
0

5
0,
0
0
0
0

5
0,
0
0
0
0

5
0,
0
0
0
0

5
0,
0
0
0

5
0,
0
0
0

5
0,
0
0
0

5
0,
0
0
0

5
0,
0
0
0

50
,0
00

50,
000

50
,0
00

50,
000

50,
000

60
0,
00
0

600,00
0

600,0
00

50
,0
00

50,
000

50
,0
00

50,
000

50,
000

68
5,
44
2

600,00
0

600,0
00

15
,0
00

34

Incor
porat
ion
Expe
nditu
re
Sale
s&
Mark
eting
Expe
nditu
re
Gen
eral
&
Admi
nistr
ative
Expe
nditu
re
Oper
ation
s&
Tech
nical
Expe
nditu
re
Othe
r
Expe
nditu
re
Purc
hase
of
Fixe
d
Asse
ts
HirePurc
hase
Rep
aym
ent:

1,1
00

1,1
00

1,
1
0
0

1,
1
0
0

1,
1
0
0

1,
1
0
0

1,
1
0
0

1,
10
0

1,1
00

1,
10
0

1,1
00

1,1
00

13
,2
00

13,200

13,20
0

10,
12
0

10,
12
0

1
0,
1
2
0

1
0,
1
2
0

1
0,
1
2
0

1
0,
1
2
0

1
0,
1
2
0

10
,1
20

10,
120

10
,1
20

10,
120

10,
120

12
1,
44
0

121,44
0

121,4
40

32,
05
2

32,
05
2

3
2,
0
5
2

3
2,
0
5
2

3
2,
0
5
2

3
2,
0
5
2

3
2,
0
5
2

32
,0
52

32,
052

32
,0
52

32,
052

32,
052

38
4,
62
4

384,62
4

384,6
24

4,670

4,670

8,000

8,000

2,000

2,000

4,
67
0

4,6
70

22
,5
00

22,
500

Princ
ipal

66
7

66
7

Inter
est

16
7

16
7

6
6
7
1
6
7

6
6
7
1
6
7

6
6
7
1
6
7

6
6
7
1
6
7

6
6
7
1
6
7

66
7

667

66
7

667

667

16
7

167

16
7

167

167

8,
00
0
2,
00
0

Loan
Rep

35

aym
ent:
Princ
ipal
Inter
est
Tax
Paya
ble
TOT
AL
CAS
H
OUT
FLO
W
CAS
H
SUR
PLU
S
(DE
FICI
T)
BEG
INNI
NG
CAS
H
BAL
ANC
E
END
ING
CAS
H
BAL
ANC
E

6
6
4
2

6
6
4
2

6
6
4
2

6
6
4
2

6
6
4
2

37,
500

48,
88
3

44,
21
3

4
4,
2
1
3

4
4,
2
1
3

4
4,
2
1
3

47,
942

1,1
17

5,7
87

5,
7
8
7

5,
7
8
7

47,
94
2

49,
05
9

5
4,
8
4
5

49,
05
9

54,
84
5

6
0,
6
3
2

47,
942

66

66

42

42

66

66

66

66

66

42

42

42

42

42

13,
308

4
4,
2
1
3

4
4,
2
1
3

44
,2
13

44,
213

44
,2
13

44,
213

57,
521

5,
7
8
7

5,
7
8
7

5,
7
8
7

5,
78
7

5,7
87

5,
78
7

5,7
87

6
0,
6
3
2

6
6,
4
1
9

7
2,
2
0
6

7
7,
9
9
2

83
,7
79

89,
566

95
,3
53

6
6,
4
1
9

7
2,
2
0
6

7
7,
9
9
2

8
3,
7
7
9

89
,5
66

95,
353

10
1,
13
9

79
5
50
0
13
,3
08

835

877

460

419

14,568

14,57
9

58
6,
03
7

549,79
7

549,8
08

(7,5
21)

99
,4
05

50,203

50,19
2

101
,13
9

106
,92
6

99,405

149,6
08

106
,92
6

99,
405

99
,4
05

149,60
8

199,8
00

36

37

SUMMARY

Total Cash

Total Cash

Ending

Inflows

Outflows

Balance

2012

685,442

586,037

99,405

2013

600,000

549,797

149,608

2014

600,000

549,808

199,800

38

39

6.6 BALANCES SHEET


2012

2013

2014

47167

31833

16500

10000

10000

10000

57167

41833

26500

99405

149608

199800

99405

149608

199800

156571

191441

226300

Capital

75442

75442

75442

Accumulated Income

39925

83629

127364

Total

115367

159071

202806

Loan Balance

9205

8370

7494

Hire-purchase

32000

24000

16000

41205

32370

23494

ASSETS
Non-Current Assets
(Book Values)
Land & Building
Other Fixed Assets
Other Assets
Deposit
Total
Current Assets
Inventory
Accounts Receivable
Cash Balances

TOTAL ASSETS
Owner Equity

Long-Term
Liabilities

Balance
Total

40

Current Liabilities
Accounts Payble
Total Equity &

156571

191441

226300

Liability

41

SUMMARY

Total Assets

Total Liabilities

Total Equity

2012

155571

41205

115367

2013

191441

32370

159071

2014

226300

23494

202806

42

7.0 PROJECT MILESTONE


Activities

Deadlines

Brainstorming about product specification

2011-January-15

Deal with the suppliers product

2011-February-25

Supplier product approved and verified the 2011-March-23


retailer
Identify product description

2011-April-01

Make a survey for market

2011-June-08

Search for a competitor

2011-June-25

Choose the medium for marketing

2011-August-31

Preparation for the launch product marketing

2011-Disember-20

Launch market strategy

2012-January-02

Evaluation for the marketing

2012-Disember-29

43

8.0 CONCLUSION
In conclusion, Portable Mini Washing Machine is the new hit of portable washing machine in
the market as it easy to use, suitable to students, worker, and other.Morever it easy to bring to any
where becauze it is so lightly. The product come out with multicolor of magenta,blue , orange and
other . SKIF Company has a new product to introduce to the consumers which is the Mini Portable
Washing Machine and Dryer .Our company targeting in supply for washing machine. Mini
Portable Washing Machine and Dryer is a customer friendly which help in saving space in a room,
besides help people to watch their clothes easily anywhere they go. The Mini Portable Washing
Machine is the new hit of washing machine to the customer. First of all, our target market will be
based on the residence in Shah Alam area. Due to that, in Shah Alam, there are a lots of big
universities and college such as Universiti Teknologi MARA (UiTM), Management and Science
University (MSU), UNISEL, and many more. Besides, there are a lot of industrial companies such
as Toyota, Cadbury, Nestle and Alumimium Company of Malaysia. Thus, companies
management will also be our major purchasers. We are targeting the students, employee and the
families. The product is designing for small room, it is light and easy to bring to anywhere. As for
example, for one who wants to go outstation, they can bring this washing machine in order to help
wash their clothes. They dont need to spend their time and money in laundry. Besides, there a lots
of students who rent home here, and sometimes, they cant afford to buy washing machine with
high prices, therefore this Mini Portable Washing Machine and Dryer could help them since the
price of this washing machine is very cheap and reasonable. All in all, we can say our product in
the next-in thing to be bought by any stage of people who want their life easier, save their time
and energy, plus help them to thrifty.

44

9.0 APPENDICES

45