Blacks Bee Enterprise

The name of our company is The Blacks Bee whereby the business has been decided in the form of four partnerships. Three partners contributed RM 2,500 as the agreed amount of capital as in our agreement, while one partner contributes for the business license. Our train business activity is to provide the best quality of Kelulut Honey which is easily obtained meaning we focus on good delivery service of our products. We will go online and in business on both Facebook and Instagram as our medium and is opened on the 30th of September 2017. Kelulut honey is a newly discovered type of honey produced by stingless bees. It is a good business to venture in as it is new and the market is still growing to know the product. This product is for people who prefer natural and honey which is not added with any sugar and other chemicals. Our target market being health oriented people, and people aged 18-60, who are looking for natural food. Tourists are also people who will be interested in this product as it has not yet reached the international market. Competition comes from both regular honey, and also from Kelulut honey seller, where they try to sell their products and also have established a firm grasp of the the market. However, The Blacks Bee will sell at a cheaper price, for a high quality product making it sellable even to students. In the long run, our business will be able to be successful and reach the market. Profit can be made based on our monthly sales forecast. Slowly, we will be able to grow and sell other products such as Kelulut honey soap.