ETR 300 : Asia Shrimps Farming Sdn. Bhd. / Faizal Hamdi Mohamad Zain ... [et al.]

It is a business based on the Partnership Agreement under Partnership Act 1961 with the capital contribution from members totaling of RM 375,000 thus will be finance by Bank Pertanian Malaysia of RM 561,688 at interest rate 10% per annum and a Hire Purchase Agreement of RM 26,9480 which made the tot...

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Bibliographic Details
Main Authors: Mohamad Zain, Faizal Hamdi, Mohd. Mahadzir, Roney, Abu Bakar, Khairul Annuar, Zainudin, Azrizan
Format: Entrepreneurship Project
Language:English
Published: 2001
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/48049/1/48049.pdf
http://ir.uitm.edu.my/id/eprint/48049/
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Summary:It is a business based on the Partnership Agreement under Partnership Act 1961 with the capital contribution from members totaling of RM 375,000 thus will be finance by Bank Pertanian Malaysia of RM 561,688 at interest rate 10% per annum and a Hire Purchase Agreement of RM 26,9480 which made the total capital to start the business of RM 1,206,168. Through research and survey, we received information that the demand for Tiger Prawn 1s very high and the prawn breeders in local area may not be enough to supply Tiger Prawn to the customers. So we decided to be one of the Tiger Prawn breeders thus putting ourselves as the same level as other entrepreneurs. Even though, there are four competitors here, we believed that our company has enough ability to compete with other companies since we have the capabilities, knowledge and equipment to run this business. This business plan is also work as a guide for us to manage, operate, market and to evaluate the cost and the profit or lost that we can get from doing this business.