Abstract
As we are all aware, business plan is one of the resources needed for opening the company. Business strategy shall be written papers outlining the organisation to be conducted in full. The project report, work paper, business plan or prospectus are also known. A business plan is a written overview of the company’s operating and financial specifics and of the market prospects and plans, as well as all information on managers abilities. Businesses that involve and adjust over time and lead to future development and feedback may be the effective way to prepare for market shifts, growth or sluggish trends and take new ideas or directions as business expands. The efficiency and growth of a company and calculated it in accordance with the objectives of revenue, investment, time and strategy. The strategic plan also facilitates the identification and emphasis on possible problem areas of an entrepreneur or business manager, both internally and externally. This business plan reveals the financial strength of the company and as the business goes forward, you will have to continually fund your company. Financing issues start on start-up costs and continue to grow and produce new goods. Private investors, banks or any other credit institution are looking for a way to look at how you plan to operate your company, what your expenditures and income forecasts are and whether or not your future ambitions can be done for your business. Our business chose Affin Bank for loan to borrow RM 174 000 for 4 years with profit of 3%. This strategic plan is a guideline to set up, plan, organise and manage our business for every day, budget, strategy and long-term goals. Business plans will also help us to establish guidelines to ensure good and fast Internet and better computer output of our business. Business strategies will also help to concentrate on our target market. We need to identify our priorities and find the best way to draw our customer’s attention to our shop in order to ensure that we achieve our goals in company. The corporate plan will also help us decide how to distribute our capital, including budgets and business assets. We will then know the cash flow in the business.
Metadata
| Item Type: | Entrepreneurship Project |
|---|---|
| Creators: | Creators Email / ID Num. Azman Rizal, Amir Fariduddin 2018205172 Zulkifli, Muhammad Amir Helmi 2018682266 Azman, Muhammad Amir Asyraaf 2018278062 Mohd Nasri, Muhammad Harith Haikal 2018408962 Muhammad Tajudin, Muhammad Haikal Haqimie 2018671168 |
| Subjects: | H Social Sciences > HB Economic Theory. Demography > Entrepreneurship. Risk and uncertainty H Social Sciences > HD Industries. Land use. Labor > Small business. Medium-sized business H Social Sciences > HF Commerce > Marketing |
| Divisions: | Universiti Teknologi MARA, Pahang > Jengka Campus |
| Keywords: | Entrepreneurship, Strategic planning, Cyber cafe |
| Date: | 2021 |
| URI: | https://ir.uitm.edu.my/id/eprint/129805 |
Download
129805.pdf
Download (418kB)
Digital Copy
Physical Copy
ID Number
129805
Indexing
