Snow Skating

The name of our company is Snow Skating. Our business plan is prepared for the future investors, bankers, financial assistant providers and suppliers. The partners of the company are Khatijah Binti Mat Nawai, Frencessa Juis. Genevie Gabriel and Larainn Jaminih. Our business plan is prepared mainly because we would like to convince our future investors, bankers and suppliers in order to raise capital and obtain support from the venture. Also, the objective of our business plan is to get financial aid from any financial company that would like to support our venture. The person that will ask for financial help is our Financial Manager. Frencesca Juis. The estimation of the financial needed is at least RM42,000. The financial aid given will be utilized for the artificial snow machine maker in order to start-up our business. We w ill be able to pay back the financing company from the profit we get throughout our business. Our business main product is service which includes ice skating and also ice skating class for beginners and also decorations according to festive season or event such as Christmas. Chinese New Year, Hari Raya and so on. The main characteristic of our service is it has pretty decorations according to festive season and events near the ice skating rink to attract customer and also ice skating class for beginners. Our company is newly incorporated. It is a partnership form of business. It is a preferable form because it is easy to form and it has greater potential for success. The company's strength is it is rare in Sabah. So we believe with an existence of an artificial snow , it will capture local people attentions. Plus, our place of choice is very strategic. The weakness is it is quite expensive since our business will need an artificial snow machine maker. In order to overcome this weakness, we have come up with a solution such as giving discount on eveny public or school holidays and event. This business that we are proposing is profitable because it is very rare in Sabah especially in Kota Kinabalu and we believe that majority of local people will want to try out our service. The company will be able to get support and help from the suppliers and a long term credit will be given to our company.