ETR 300 : Royal Bakery (Bakery Shop) / Hairul Amli Abdul Hamid ...[et al.]

Business Plan is very important to entrepreneurs or who want to involve in business. It is the first step in our efforts to open a bakery business. From. the Business Plan. we can know the strength and weakness of our company. Therefore, we prepared our Business Plan for: 1. This business plan is prepared by Royal Bakery Company to obtain a term loan for the amount of RM 100,000 from. Malayan Banking Berhad, Sungai Petani branch, Kedah Darul Aman. It is important to bankers who need the written plans to appraise projections
and the venture's viability . They provide the financing for the proposed venture . 2. This business plan is prepared by Royal Bakery Company as a guideline for managing
the business from. aspects of administration task, e>peration task. marketing activities.and financial report It provides a self-assessment of the entrepreneur . The planning process
forces the entrepreneur to bring objectivity to the idea and consider obstacles that might prevent the venture from socceeding . 3. This business plan is prepared by Royal Bakery Company as a reference for evaluation to the company suppliers for the business purpose. Suppliers may need to make investment if they wish to supply the venture . They extend trade credit , which is often and important part of a new business's financial plan . They will resist to make investment if they harbor doubts about the long-term viability ofthe venture 4. This business plan is prepared by Royal Bakery Company as a basic to evaluate the
business performance either it can achieve company objectives or not and also development achieved by our company. This business plan is prepared by Royal Bakery Company as a reference for our employees because they make their own investment in the business by committing
themselves to it . The business plan can give them the confidence in the future of the venture . It specifies the key projects that need to be undertaken and define the roles that
individuals may play.