Aiheeyo bakery shop

The proposed business is known as Aiheeyo Bakery Shop which is to be opened in Bandar Jengka. The business will be specialised in modern bakery and pastry with contemporary concept. The proposed concept is unique and different from the existing cake and bakery shop. The venture will be owned by five partners with various education background and working experiences. The partners will be actively involved in management and daily business activities. Our target market is Bandar Jengka which is a fast-growing town with population of 15,000. Mostly, the population are young people which is in line with the venture marketing strategy. The business will promote aggressively using various tool of marketing tools to win this potential customer. With this plan, hopefully the business should be able to get average daily sales of RM1,700. The business will occupy a shop house in Nadi Kota of Bandar Jengka. The estimated capital investment is about RM460,000 to purchase of assets including the renovation of building and for working capital. The projection of Income Statement and Cash Flow statement is prepared for three years. The result of financial projection is very encouraging. The business should be able to realise a good return on investment. The cash flow projection also shows a very positive cash balance.