Abstract
Rotiway® Enterprise is a bread supplier company located at Jalan P/2a, Bandar Baru Bangi, 43650 Bangi, Selangor. Since we are located in Bangi, with a dense population of potential consumers, our choice of location is spot on, in addition to Bangi is a more developed urban area. We are a Partnership Business which comprises of our Director, Muhammad Danish Soo Bin Muhammad Ariff Soo and the other managers which uphold great teamwork and goal-achieving spirit in managing the company. Regarding our product, we feel great to present to you our own twist on the local bread loaves which is not available on our competitors, which is the variant of locally-inspired flavours, Shredded Coconut with Gula Melaka and Purple Yam. We are proud of our bread loaves with the locally-infused flavour, suitable for the taste and choice of Malaysians. The target market is focusing on the Bangi population since we are located in Bangi city. The unique flavour of our products is successful in piquing their interest into trying our products. The reason behind setting up this business is mainly to provide fresh locally-produced bread loaves inspired by local flavour to our consumers in Malaysia. Our vision is to become a renown Malaysian bread producing company including the coverage to the East Malaysia by 2030. We choose Bangi as our location is due to Bangi total number of people living there, that is 691,100 people. With this many people, our potential buyer and income is higher due to bread is one of the foods that Malaysian families eat almost every day. After dealing with the financial planning, we realized we need RM 431,617 to make our dream come true. The partners have collectively contributed up to RM 70,000 with existing fixed asset of lorry at RM 91, 888. Both of the contributions have reduced the amount of our loan to RM 269,729 which we loaned with CIMB Bank for 7 years with 5% interest. The expected sales forecast for Year 1, Year 2 and Year 3 ire RM 2,351,914.50, RM 2,398,952.79 and 2,446,931.85 respectively after considering the sales forecast for the first 12 months. The projected accumulated net profit for the business for Year 1, Year 2 and Year 3 are RM 164,120, RM 347388 and RM 535, 462 respectively. We hope that with the key management team comprises of Muhammad Danish Soo Bin Muhammad Ariff Soo, Our director, Administration manager, Marketing Manager, Operational Manager, Financial Manager and Human Resource Manager working as a team and also business partners, we can prosper in our business for the coming years to come and achieve our vision and mission together.
Metadata
Item Type: | Entrepreneurship Project |
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Creators: | Creators Email / ID Num. Jessman Bujang, Rick Bryan Gerijat UNSPECIFIED Rosdi, Muhammad Fakhri Ikhwan UNSPECIFIED Arman, Nur Ilyana UNSPECIFIED Norazrin, Norerza Suffiyah UNSPECIFIED Mahayunizam, Wan Muhammad Farhan Mukhlis UNSPECIFIED Muhammad Ariff Soo, Muhammad Danish Soo UNSPECIFIED |
Subjects: | H Social Sciences > HF Commerce > Business education H Social Sciences > HF Commerce > Business |
Divisions: | Universiti Teknologi MARA, Negeri Sembilan > Kuala Pilah Campus > Faculty of Applied Sciences |
Keywords: | Rotiway, Gula Melaka, Purple Yam, ENT300 |
URI: | https://ir.uitm.edu.my/id/eprint/102212 |
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