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THE FIRST POINT IS ABOUT EXECUTIVE SUMMARY AND I WILL EXPLAIN

ABOUT THE TYPE OF OWNERSHIP.

OUR COMPANY’S NAME IS WIRMEN BEAUTYCARE CLOTH PAD SDN.BHD.


WE PLAN TO ORGANIZE THE COMPANY AS PARTNERSHIP. THE PARTNERS
WHO WORKED TOGETHER IN THIS COMPANY IS SYAHIRA, NUR
SAIDATULAINI AND ME. THE COMPANY WAS ESTABLISHED TO PRODUCE
CLOTH PADS THAT CAN BE USED AS A REPLACEMENT FOR DISPOSABLE
SANITARY PAD THAT ARE OFTEN USED BY WOMEN DURING
MENSTRUATION.

WOMEN’S HEALTH AND HYGIENE HAS BEEN ONE OF THE KEY CONCERNS
OVER THE YEARS. THE AWARENESS ON MENSTRUAL HYGIENE AND USAGE
OF CLOTH PAD IS VIRTUALLY ABSENT IN RURAL AREAS. POOR
MENSTRUAL HYGIENE CAN CAUSE FUNGAL INFECTIONS, REPEATED
INFECTIONS, CERVICAL CANCER AND VULNERABLE TO INFERTILITY.

THERE ARE ALSO ANOTHER IMPORTANT ASPECT OF THIS BISNES. FIRST IS


TO DEVELOP THE ADOLESCENT GIRLS AND WOMEN AS ENTREPRENEURS
WHILE TAPING THEIR POTENTIALS AND IMPARTING TRAINING FOR
THEIR SKILL DIVERSIFICATION. SECOND TO BECOME SELF-SUFFICIENT
AS PART OF THE SOCIAL ENTERPRISE OF THE LOW COST CLOTH PAD
BUSINESS AND OUR RESPONSIBILITY TO THE SOCIETY AS WHOLE.
THE LAST BUT NOT LEAST IS ABOUT FINANCIAL PLANS. I WILL EXPLAIN
ABOUT THE START-UP COSTS WHICH IS ALSO IMPORTANT THING TO RUN
OUT A BUSINESS. STARTING COSTS ARE ESSENTIALLY THE SUM OF TWO
KINDS OF SPENDING. WE CAN ESTIMATE THEM BOTH IN TWO SIMPLE
LISTS:

FIRST IS START-UP EXPENSES. THESE ARE EXPENSES THAT HAPPEN


BEFORE THE BEGINNING OF THE PLAN OR BEFORE THE FIRST MONTH OF
OPERATIONS. FOR EXAMPLE, MANY NEW COMPANIES INCUR EXPENSES
FOR LEGAL WORK, LOGO DESIGN, BROCHURES, SITE SELECTION,
LOCATION RENTAL AND MANY MORE. AND IF EMPLOYEES START
RECEIVING COMPENSATION BEFORE THE OPENING, THEN THOSE
DISBURSEMENTS ARE ALSO STARTUP EXPENSES.

SECOND IS START-UP ASSETS. EXAMPLE OF START-UP ASSETS ARE CASH,


BUSINESS OR PLANT EQUIPMENT, OFFICE FURNITURE, VEHICLES, AND
STARTING INVENTORY FOR STORES OR MANUFACTURERS. SO IN THIS
SLIDE U CAN SEE AN EXAMPLE OF SIMPLE STARTING COSTS.

5.2 PRICING

WIRMEN’S PRICING STRATEGY IS TO OMIT THE PHYSICAL STORE MARK-


UP PRICE TO THE CONSUMER. SO THAT THEY WILL ENJOY THE REDUCED
PRICE OF THE PRODUCT WHEN BUYING ONLINE.
FIRST YEAR BUDGET COST

Salaries RM 40,000

Repairs & maintenance RM 10,000

Local Advertising RM 5,000

Marketing RM 2,000

Accounting & Legal RM 5,000

Rent RM 10,000

Internet & Telephone RM 2,000

Equipment RM 10,000

Domain Name RM 1,000

TOTAL RM 85,000

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