Borneo Chili Enterprise / Fartani Jahiku ... [et al.]

The first section of our business plan will be the introduction of our business. The introduction includes the purpose of our business plan, the background of business and partners, business logo, vision, mission and objective and also the partner's agreement. This section is important to gi...

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Bibliographic Details
Main Authors: Jahilu, Fartani, Samsun, Evy Enillis, Sungki, Alley, Omar, Hanizah
Format: Entrepreneurship Project
Language:English
Published: 2010
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/49154/1/49154.pdf
https://ir.uitm.edu.my/id/eprint/49154/
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Summary:The first section of our business plan will be the introduction of our business. The introduction includes the purpose of our business plan, the background of business and partners, business logo, vision, mission and objective and also the partner's agreement. This section is important to give a simple representation to the reader about our business plan. The second section of our business plan will be the administrative plan. This section is important to assist us in our business administration. The good business administration can help to maintain the efficiency of business operation. This administration plan will explain the task of every partner and also the workers in this business. It also provides the organization chart to show the hierarchy of management in our business. Besides that, it also will explain the incentives that we provide for our workers. Next section is the marketing plan of our business plan. Marketing plan will emphasize on the strategies to market our product. The proper strategies can help to increase our sales and also attract more customers. Besides that, marketing plan also will show the targeted market as well as the market share before and after we enter the market. In addition we are also identifying the strength and weaknesses of our competitors in this marketing plan in order to compete with them. The fourth section in this business plan will be the operational plan. The operational plan will clarify the operation of our business. It will show the process that involve in our business operation. For example, the planting process, harvesting process and also the implementation process in our business operation. Besides that, it also will point up the production budget for our business. Operational plan is important to ensure that we can run our business operation smoothly. The last section of our business plan is the financial plan. Financial plan is important to determine the capital needed as well as the source of finance to implement our business. This section will show the budget from the other three sections, the fixed asset and also the financial performance of our business. The financial plan also important to appraise the viability of our business before the actual investment is committed.