This business plan is prepared by Omega Gadgets and Goods Enterprise for the purpose of obtaining a working capital loan from Bank Pembangunan Malaysia Berhad for an amount RM 70,000. This business plan is also prepared as a guideline for managing the purpose venture.
Omega Gadgets and Goods Enterprise specializes in electronics and gadgets such as PC tablets, power banks and other accessories. Our store also provides repairs and maintenance of electronics and gadgets.
Name of the Business Business Address Correspondence Address Telephone Number Fax Email Address Form of Business Main Business Activity(s) Date of commencement Date of registration Registration number Initial (own) Capital Name of Bank Bank Account Number
: Omega Gadgets and Goods Enterprise : No 7, Jalan Bandar Gambang 25, 26 Gambang, Kuantan : Same as above : 019-9890034 : 09-5490034 : omega_gadgets@gmail.com : Partnership : Provide electronic gadgets and accessories : 10th June 2013 : 5th February 2013 : AS0241922-H : RM 70,000 : Bank Islam Malaysia Berhad : 020750004949
To establish a business that operates under international standards. To break the monopoly of non-Bumiputera electronic gadgets production and distribution in Malaysia
VISION
MISSION
To become a market leader in the production and distribution of electronic gadgets in Malaysia within 5 years and in Asia within the next 7 years
STAFF Nor Amira Binti Mohamad Kamil Sangeethaa A/P Sathasivam Nor Syazwani Binti Mohd Azmi
Supervisor
Secretary
POSITION
RESPONSIBILITIES
General manager
To plan and monitor the strategic progress of the business To be accountable for the overall performance of the
business.
Secretary
Financial manager
Operation
manager Supervisor
Number of employees
Total (RM)
26.00
1,118.00
1,000.00
120.00
20.00
860.00
1 1 1 2
Supervisor
Secretary Store assistant TOTAL
No.
1 2 3 4
Type of equipment
Office furniture Personal computer Whiteboard Reception area furniture TOTAL
Quantity
5 sets 6 units 1 unit 1 set
10,364
LOCATION
Gambang, Pahang. Located along the main road which is undergoing development. Designated by the state as an Enterprise Zone. The size is 1,754 sq. ft. consisting of two areas, which are the office and the store room.
The sources of our raw materials are located in Kuantan (approximately 30km from Gambang). Takes about 30minutes of travel time.
PRICE OF PREMISE
AVAILABILITY OF MANPOWER
The premise is located near the higher education institution and housing area. Offers a steady supply of multilingual workforce from well-planned townships of Gambang.
Competitors
Strength
Weakness
ElectroCorp -
Fully managed by experts Located in Kuantan Has good facilities and a huge store
Located in Kuantan, which the students University Malaysia Pahang find inconvenient to frequently visit
Office is situated in Kuantan, which is far from the meeting place of people and difficult for students to frequently visit
BanYu Marketing
Naili Enterprise
Before Entrance
Competitors
Amount
(RM)
of loss of
market share
e of
market share 31.5% 31.5% 27% 10% 100%
Amount
(RM)
STRENGTHS
Strategic location Experienced staffs Quality products Affordable prices
WEAKNESSES
Lack of marketing expertise Undifferentiated products and services compared to the competitors
OPPORTUNITIES
Presence of developing internet
marketing Future joint ventures
THREATS
New entrants into market (new
competitors) Insufficient enrolment to cover costs
Criteria
Branding
Description As a trading company, we supply electronic gadgets that are produced by several local manufacturers. The brands that we sell include Neutral Tablet PC and Speed Tab dual camera. Omega Gadgets and Goods Enterprise provides good electronic gadgets to our customers. The quality is observed in term of: 1. Design 2. Protection 3. Easy to carry 4. Ease to use 5. Attractiveness 6. Product safety All the electronic gadgets are labelled and provide information on the manufacturer, size and usage instruction.
Labelling
Netpad Evolution W1
Dual camera 5 point capacitive glass touch screen AllWinner A13 Cortex A8 1.2GHz CPU Android 4.0.4 Built-in sim card Supports portable hotspot Compact, solid & super slim design Stylish white colour
Speed Tab
Tablet Data Capacity: Nand flash 4GB Screen Size: 7 inch Capacitive 5 point touch Operating System: Android 4.0 Memory Capacity: Ram 512MB DDR3 Processor Main Frequency: 1.5GHz (MAX)-CPU: Allwinner A13 Resolution: High Supports: Wireless WiFi, 3G Broadband, G-sensor 4 Way, Full HD, Office, 3D games very smooth, Andriod Market (Playstore) Graphics: Mali 400 Dual camera (Front 0.3MP & Back 2.0 MP)
Tablet Data Capacity: 4GB Screen Size: 7" Touch Screen Type: Capacitive Screen Color: White Processor Main Frequency: 1.0GHz Memory Capacity: 512MB Features: Bluetooth, Wifi, GPS, 3G, Webcams, Multi Touch, HDMI, G Sensor, Camera, Phone Call Operating System: Android 4.0 Display resolution: 1024x600 Weight: 320g
Capacity: 2600mAh Input: 5V-800mA Output: 5V-800mA Battery type: Li-ion Dimension: 94*22*21mm Net Weight: 80g Colors: Blue, Red, Orange, Green, Purple, White, Pink
5 available colours (Pink, Blue, Green, White, Black) Capacity: 12800mAh and 22000mAh
Capacity: 13,000mAh Battery Cell: Polymer Device type: External battery pack Input: 5V DC, 1,000mA Color: Black Five LED indicators show battery's real time capacity
MONTH
CASH INFLOWS Owners' Capital Bank Loan Cash Sales Collection Account Receivable TOTAL CASH INFLOWS CASH PAYMENTS Capital Expenses Furniture and fitting Van Renovation Administrative Expenses Salaries EPF & SOCSO Admin Overhead Rental Marketing Expenses Promotion Operational Expenses Raw Material Operational Overhead Financial Expenses Principal Interest Loan Repayments Other Expenses Deposit TOTAL CASH OUTFLOWS EXCESS/(DEFICIT) OPENING BALANCE ENDING BALANCE
YEAR 1
70,000 70,000 259,000 399,000
YEAR 2
0 0 320,000 320,000
YEAR 3
0 0 450,000 450,000
63,984 10,416 36,000 18,000 136,500 36,000 14,000 7,000 321,900 (1,900) 58,436 56,536
63,984 10,416 36,000 18,000 180,000 36,000 14,000 7,000 365,400 84,600 (1,900) 82,700
OMEGA GADGETS AND GOODS ENTERPRISE PRO FORMA BALANCE SHEET STATEMENT FOR THREE CONSECUTIVE YEARS YEAR ASSETS Fixed Assets (Non-Current Assets) 38,364 10,364 10,364 2013 2014 2015
TOTAL ASSETS
120,100
122,200
153,391.20
Owners Equity
Capital Accumulated Profit 140,000 (116,272.80) 140,000 (84,772.80) 140,000 44,727
Long Term Liabilities Term Loan Current Liabilities Account Payable 70,000 70,000 70,000
Based on the planning and projection of income and expenses, the company is very confident that this business venture will create a satisfactory return on investment from the second year operation. For the first year, we are estimating to incur a very minimal loss we have made a conservation estimate of sales and expenses based on the fact of the company has just started the operation.