Variati Enterprise

Chel Ismadi, Fatin Afiqah Ardini and Standard, Andrea Sabina and Mohtar, Nur Adriana Azwa and Hasmadi, Dayang Fildza Hezrynn (2018) Variati Enterprise. [Entrepreneurship Project] (Unpublished)

Abstract

Variati Enterprise was chose as the name of our company because we sell products of different categories, such as; food, accessories and fragrances. We sell chocolate moist cake, brooches, handmade pearl jewelleries and car and home perfume. Each of our products come from different suppliers, but we choose the best suppliers with affordable and quality supply. There are important criteria and prerequisites that must be fulfilled which require the involvement of the effort and the precision of offering our services and products. Without such requisites and prerequisites, the business cannot run properly and the company's organizational goals will not be achieved. First, the company has to obtain a business license from relevant authorities. The company must be registered and recognized by certain departments of the government such as the Health District Affairs, Suruhanjaya Syarikat Malaysia (SSM) and Kota Kinabalu City Hall (DBKK) on the regulations of the operation of the business. Second, the needs and demands of the customers are to be recognized in order to satisfy them. This can be done via market research and by providing better products and services that are also unique compared to our competitors whom are selling other kinds of snacks. When the requirements are fulfilled, we can maximize the profits for the business and then boost the number of our customers. Next, all of the important machineries, equipment and materials have to be checked and are in well maintenance to ensure that the business runs smoothly and avoid any risks of technical disturbance. Finally, in order to run the business according to budget, we have decided that we will not hire any workers and instead work on the business ourselves. Each and every one of us will play our role or job assigned to run the business. This will cut down the budget on remuneration as well as maximizing the profits gained.

Metadata

Item Type: Entrepreneurship Project
Creators:
Creators
Email / ID Num.
Chel Ismadi, Fatin Afiqah Ardini
2017510045
Standard, Andrea Sabina
201732129
Mohtar, Nur Adriana Azwa
2017782113
Hasmadi, Dayang Fildza Hezrynn
2017143943
Contributors:
Contribution
Name
Email / ID Num.
Advisor
Stephen, Jacqueline Koh Siew Len
jacqu807@uitm.edu.my
Subjects: H Social Sciences > HB Economic Theory. Demography > Entrepreneurship. Risk and uncertainty
Divisions: Universiti Teknologi MARA, Sabah > Kota Kinabalu Campus > Faculty of Hotel and Tourism Management
Keywords: Entrepreneurship, Marketing plan, Financial plan, Operation plan, Administration plan
Date: 2018
URI: https://ir.uitm.edu.my/id/eprint/139153
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