Abstract
Time is precious and Yours Laundry Shop does will help you to solve with your laundry problem. Yours Laundry Shop run professional laundry business dedicated to ensuring you have hassle free laundry days. Due to
the good potential on the laundry shop, we as group members have decided to open a laundry called Yours Laundry Shop. Our type of business is a laundry shop which we apply it to all kind of clothes. Before we start the plan to open laundry shop, we have observed the planning area. We believe this industry will develop in the future
because of the good potential that we can see from the earlier. Furthermore, the place where we grow the business can develop in the future. Beside, fewer competitors on the area have convinced us to open this laundry shop.
We have decided to start this laundry business at Lot 5, Block A, Lorong Plaza Permai 1, Taman Alam Mesra Shoplot, 88400 Kota Kinabalu, Sabah. We choose this place because of its strategic area between the housing
areas, the 1 Borneo shopping complex and hotel at the 1 Borneo shopping complex. Our target customer is all kind people, personal or company laundry. The date of commencement for our business is on 1st January 2010. We take a long period of time because we want to identify the best way how to conduct this business and to find the capital for this business. The reason why we involve on this industry is due to some factor. First, laundry shop is not very popular in this region, so we have fewer
competitors. We also believe it will make high profit and less capital. Next, laundry shops no need regular maintenance and no need to hire more workers because all work is done by a machine. We only have to buy detergent and softener and maintenance for the laundry machine. Besides, laundry is important to clean a high quantity of clothes. The business potential of this industry is we can expand our business and open our branch at other place. In addition, there is no shortage of people whose wash clothes, because it is one of the basic necessities of life. So, people will seek for the laundry to clean their clothes and other materials, thus can save their time.
Metadata
Item Type: | Entrepreneurship Project |
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Creators: | Creators Email / ID Num. Angat, Jessey 2006147045 Julius Booh, Marysia 2006139329 Matali, Mohd Farhan 2006111279 Edih, Putri Edha 2006139283 |
Subjects: | H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management > Decision making H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management > Planning. Business planning. Strategic planning H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management > New business enterprises |
Divisions: | Universiti Teknologi MARA, Sabah > Kota Kinabalu Campus > Faculty of Applied Sciences |
Programme: | Fundamentals of Entreprenuership (ENT 300) |
Keywords: | Business plan; Business management; Entrepreneurship; Business Development |
Date: | 19 October 2009 |
URI: | https://ir.uitm.edu.my/id/eprint/26658 |
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