BUSINESS PLAN

PREPARED BY:

NAME STUDENT ID
1. MD. MAHIDUL HAQUE 3213004331
2. MUHAMMAD IZZULNAZMI BIN JEFNI 3213003601
3. NURIRSYAD MUSTAQIM BIN NURHISYAM 3212004391
4. HAZWAN NAZMI BIN HASMAN 3212006561
5. MUHAMMAD ATIQ AKMAL BIN PAIZOL AKMAN 3211003821
6. PRAVIND A\L THAMOTARAN 3192005741

PREPARED FOR:

MADAM MUZAIRIHANA MD MOID

EXECUTIVE SUMMARY

The Pod Wheel Deal provides fantastic car rental service with quality and mind blowing cars.
The main objectives are to become the main car rental service provider in Bestari Jaya. There
has been a need for car rental services in Bestari Jaya for a long time, which prompted me to
develop this business. The company plans to offer quality and reasonable car rental service at
a competitive price.

Our company will be located in a housing area in Bestari Jaya. Our business will serve the
family residing there, ,specificially working women. Besides that, our company also serve the
students of UNISEL who mainly need car rental service. Currently, there is little competition
in the same category as The Pod Wheel Deal in this area. We plan to take full advantage of
our business location by reaching out to the current residents in the area.

The Pod Wheel Deal will operate every day under experienced management, headed by our
Manager, Muhammad Izzulnazmi Bin Jefni. The company will have 5 experienced and
qualified drivers with license to fetch customers to their destination if needed driver. If not
customers can rent our car and drive themselves to their destinations. We also offer nice cars
with affordable rental. Moreover, we also plan to increase the quantity of cars in meantime.
In addition, we plan to hire a Finance Manager and a Customer Service Manager in future.

This document will demonstrate the need for a business such as our company in Bestari Jaya
and its chances for success. It will serve as a mind map that will set the course for further
planning and for the implementation process. Anticipated financing is RM45000.00 for the
total start up cost of RM53500.00. This financing will help ensure a timely start to the
business in order to take advantage of the new school semester. Repayment of financing will
be through cash flow of the business on a scheduled basis.

Anticipated sales are RM102000.00 for the first year, RM113100.00 for the second year. This
is based on the history of business profit of our competitors. Our pricing strategy will be
based on the objectives to get reasonable profit and to ensure customers continue doing
business with us in the future. Emphasis will be placed on friendly service that will not only
meet, but exceed customers’ expectation and satisfaction.
Item Page
1.0 Introduction
1.1 Name of Business
1.2 Industry Profile
1.3 Location of Business
1.4 Date of Commencement
1.5 Factors in selecting the proposed venture
1.6 Future prospect of the business
2.0 Purpose of preparing a business plan
3.0 Business / Company Background
3.1 Name of Business
3.2 Business Address
3.3 Telephone Number / Fax Number / E-mail address
3.4 Forms of Business
3.5 Main Business Activities
3.6 Date of Commencement
3.7 Date of registration and registration number
3.8 Initial (own) capital
3.9 Name of bank and account number
4.0 Background of owner
4.1 Personal particulars of owner
5.0 Physical location
5.1 Price of premise
5.2 Distance from source of raw material
5.3 Availability of manpower
5.4 Transportation Facilities
5.5 Distance from customers
5.6 Basic amenities
6.0 Organisation / Management / Administration Plan
6.1 Organisations mission vision and objectives
6.2 Organisational chart
6.3 Manpower planning
6.4 Schedule of task and responsibilities
6.5 Remuneration plan
6.6 List of office supplies
6.7 Administrative Budget
7.0 Marketing Plan / Analysis
7.1 Description of products or services
7.2 Target market
7.3 Market size
7.4 Competitors (SWOT)
7.5 Market share
7.6 Sales forecast
7.7 Marketing strategy
7.8 Marketing budget
8.0 Operational Plan
8.1 Operational objectives
8.2 Business hours
8.3 Operational layout
8.4 Operational process
8.5 Amenities and facilities
8.6 Permanent assets and required items
8.7 Estimation of purchase for two (2) years
8.8 List of raw materials, quantity and cost of the month
8.9 Material suppliers
8.10 Cost estimation of service/older
9.0 Financial plan
Project implementation cost schedule and sources of
9.1 finance
9.2 Pro forma cash flow statement
9.3 Pro forma statement of profit or loss
9.4 Pro forma statement of financial position
10.0 Conclusion/Summary/Recommendation
11.0 Appendices
1.0 INTRODUCTION

1.1 Name of business

The Pod Wheel Deal Enterprise

1.2 Nature of business

This company offers cab services and car rental to customers` needs. We believe that
the most student nowadays need this services because the majority of them stay in
hostel and need transportation to go out from hostel. Besides car rental services our
company also take orders to deliver the car at the location. We hope that by providing
these services, parents no need to think about their son and daughter transportation.
This may also reduce the burden of working parents especially woman who are busy
with their work and do not have time to take them from hostel when then get semester
holiday or public holiday.

1.3 Industry profile

Car rental and student cab is a business for customers according to where their
destination and how long they want to rental the car. Nowadays, the car rental business
is not easily found in the most of the areas as more people has their own car or vehicle.
Moreover, not many people are have more than 3 car to make car rental business.
However, the demand for this services is high in university areas because of the rise in
the number of student who require transportation. Certain student need car rental service
because they go out for holiday with friend to spend time perfectly. Most studentalso seek
cab service during the festive season such as Hari Raya or end of the semesterto go home.
Additionally, specific requests to go to another place that our company notoffer, but we
still accept because it also an integral part of cab service.

1.4 Location of business

The Pod Wheel Deal Enterprise is located at Lot 43, Jalan Timur Tambatan, 45600
Bestari Jaya, Selangor Darul Ehsan. The location is strategic because it is very near to
University Selangor (UNISEL) Bestari Jaya where there are our target customer that is
student.
1.5 Date of commencement

1 September 2020

1.6 Factors in selecting the proposed venture

I have decided to establish the cab and car rental business due to the opportunity and
potential to make profit at the Bestari Jaya area. Besides that there are several reasons
that attracted me to this business and its location. All together, there are three reason
why I decided to establish The Pod Wheel Deal Enterprise.

Firstly, I observed that the Bestari Jaya area lacks car rental services. As such, this is a
great opportunity for my company to be the only choice of customers living in this area.
My business will be the first to introduce car rental services inthis area and thus will
able to attract many customers.

Secondly, there are many student in this area. Many of them will need car rental and
cab services for their transportation. For this reason, I assume that some of them will
require my services to fulfill their needs.

Thirdly, there are many families with university-going teenager within this area.
Therefore, I plan to provide the services of cab and car rental for both genders such we
provide Proton Iris, Perodua Myvi, Perodua Alza, Perodua Axia and other related
services with customer requirements.

1.7 Future prospect of the business

Once the business is financially stable, I plan to open other branches and expand my
business in other area. Besides that, I would also like to improve and upgrade the quality
of services and workers in the company. To provide better qualities and fast services, I
plan to hire well-trained and experienced workers who already have CDL licence from
JPJ. In addition, I would also ask to my workers to make sure our car in good condition,
get montly services and comfortable. As a conclusion, this business has a good future
prospect by fulfilling the needs of family with university-going teenager and the student
of Bestari Jaya area.
 2.0 PURPOSE OF PREPAIRING A BUSINESS PLAN

This business plan is prepared as a guide for managing the proposed business venture in cab and
car rental services. Since this is new company, a guide is very important to assist us in
understanding the nature of cab and car rental business and the working components of the
company. In preparing this business plan, we have listed down the plans and strategies of the
business in order to achieve the company’s goals. This business plan also prepared to obtain a
working capital loan from MARA for an amountof RM45,000.

3.0 BUSINESS/ COMPANY BACKGROUND

3.1 Name of business : The Pod Wheel Deal Enterprice

3.2 Business addresss : Lot 43, Jalan Timur Tambatan,

45600 Bestari Jaya, Selangor.

Correspondence address : Same as above

3.3 Telephone Number : 018-2567948

Fax Number :-

E-mail Address : pod_wheeldeal@gmail.com

3.4 Form of Business : Sole proprietorship

3.5 Main Business Activity(ies) : Provides car rental and cab services

3.6 Date of Commencement : 1 September 2020

3.7 Date of Registration : 20 July 2020

Registration Number : K791234

Intial (own) Capital : RM45,000

3.8 Name of Bank : Maybank

Bank Account Number : 164388-932566

4.0 BACKGROUND OF OWNER

4.1 Personal particulars of owner

Name of owner : Muhammad Izzulnazmi Bin Jefni

Identity card number : 910705-01-0049
Permanent address : No. 3C, Jalan Timur Tambatan,

45600 Bestari Jaya,

Selangor Darul Ehsan.

Correspondence address : Lot 43, Jalan Timur Tambatan,

45600 Bestari Jaya,

Selangor Darul Ehsan.

Telephone number : 018-2567948

E-mail address : pod_wheeldeal@gmail.com
Date of birth : 5 July 1191
Age 31
Marital status : Married
Academic qualifications : Diploma in Civil Engineering
Course attended : (a) Seminar on Managing Business, 2019
(b) Forum on Entrepreneuship, 2020
(c) Customer Services Workshop, 2020
(d) Course PSV License, 2019
Skills : Able to drive all types of cars, repairing the cars and
have driving instructor certificate (SPIM)
Experience : Part-time F&B and E-hailing driver
Present occupation : Cab and car rental business owner
Capital contribution : RM8,500.00
5.0 BACKGROUND OF THE PROPOSED PROJECT

5.1 Physical location

The Pod Wheel Deal Enterprise is located at Lot 43, Jalan Timur Tambatan, 45600
Bestari Jaya, Selangor Darul Ehsan. Generally, the premise is a shophouse situated very
near to University Selangor (UNISEL) with many facilities nearby.

5.2 Price of premise

Since the premise is a commercial business premise owned by MARA, the rent is lower
than the market rate. Expenses for the rent cost about RM400 per month.

5.3 Distance from the sourse of raw materials

We get the raw materials around the Bestari Jaya area. Our services only need car repair
shop and gas station as suppliers. Gas station and car repair shop are very near to our
office, so we can guarantees that our service always ready and available.

5.4 Availability of manpower

Since this business requires skilled workers that have license, the search for available
manpower needs to be expanded to other areas. I plan to maintain the number of
workers in the first year and search for more staff later.

5.5 Transportation facilities

Customers can reach our company with only call our telephone number for any booking
of services. We also can sent the car to the customers for rental services and charge the
delivery fee.

5.6 Distance from customers

Our company is located 500 metres from the University Selangor (UNISEL) and
housing area, which makes it very easy to frequent.

5.7 Basic amenities (electrical, water and telephone facilities)

Our office is completed with water and electricity supplies, internet connection, and
telephone lines. These basic amenities are provided in order for all workers to perform
giving their services to the customers.
6.0 Organization management/administration plan

6.1 Organization’s vision,mission,and objectives

Logo of the business

Company’s vision To become a successful student cab service provider

and famous institute in Malaysia

Company’s mission a) To open our apps

- Our company wants to open or create our apps for

customers can get facility to booking a car’s and
make a payment just using online banking

b) To increase the number of employes and service

- Our company wants to increase its number of

employes when the customer increase.This is
very important for our company to stay
maintance with a good services and quality.

c) To maximize profit
- Our company’s have a goal or vison are to
maximize profit.This is important to ensure that
means we are successful
Company’s objective Our company’s objectives are:

a) To achieve consistency in company’s cash flow

- This is important to make sure that we get a good
cash flow and a stable running business

b) To give the best services to customers and makes

that the demands and expectations of customers

c) Our company wants offer reasonable prices with

perfect services

- Proce is a first matter will customer check so that’s

means is very important.The price and quality of
services must be parallel with each other.Therefore,
we must ensure our quality always the best.

d)To ensure the service’s is completed on time

-Our company wants to ensure customer get a car on
time with out adjourment.
6.2 Organization chart

MANAGER
Muhammad Izul
Nazmi

EMPLOYEE 1
Nurirsyad
Mustaqim

EMPLOYEE EMPLOYEE
EMPLOYEE EMPLOYEE
Pravind A/L MD.Mahidul
Hazwan Nazmi Muhammad Atiq
Thamotaran Haque

6.3 Manpower planning

The pod wheel deal has one manager and five experienced employee to manage
and execute the services or deliver the operation of the business as shown at table
1

POSITION NUMBER OF PERSONNEL

Manager 1
Employee 5
Table 1
6.4 Schedule of task and responsibilities

In Table 2 will describe the task and responsibilities of every position in company.
All roles has been set and will be delegated to the position individual to make sure
the smooth operation of the bussines.

TASK

Manager  Plan and organize all task for

company
 Monitor and lead all activities carried
out by staff
 Make solution for solve any
problems in company and decision
 Plan and monitor the news idea or
strategic progress of the business
 Be accountable for the overall
performances of the business
 Control the overall management of
the business daily
Employee  To receive order from customer
 To check car conditon and
cleanliness
 To make a delivery car to customer if
there make a request for it
 To increase profit
Table 2

6.5 Remuneration plan

For our company,we have chosen the EPF scheme for our all emploee.Table 3 wiill
shown about illustrates the remuneration plan for each employee in THE POD
WHEEL DEAL.

POSITION NO. SALARY ALLOWANCE EPF SOCSO TOTAL

(RM) (RM) (RM) (RM) (RM)
1.Manager 1 1500 500 150 10.50 2,160.50
2. Employee 1 600 100 72 10.50 782.50
1
3. Employee 1 600 100 72 10.50 782.50
2
4. Employee 1 600 100 72 10.50 782.50
3
5. Employee 1 600 100 72 10.50 782.50
4
6. Employee 1 600 100 72 10.50 782.50
5
Total 6 4500 100 510 63 6,073
6.5.1 Salary

Basic salary or wage will be paid with online banking in the employee
contract.Salary will be paid once a month for all worker and the end of the
month.The paid will transfer to worker accounts at 28th of every month.

6.5.2 EPF and SOCSO contribution

EPF contribute will be deducted from all workers salaries at our company.The
company also contribute to SOCSO which is 2% of the workers basic salary.

6.5.3 Working hours

All employee who works in THE POD WHEEL DEAL has to work for 12
hours a day with 2 hours rest starting from 9.00 a.m untill 9.00 p.m every
Monday to Friday.

6.5.4 Bonus

Bonus will be paid depending on the employee performance.

6.5.5 Compensation and benefits to workers

Compensation and benefits are given to workers for improve their

performance and job satisfaction.

6.5.6 Holidays

All workers are entitled to have at least two rest days that is on Saturday and
Sunday every week.

6.5.7 Annual leave and sick leave

Each workers will be given an annual leave of 16 days.In terms of sick

leave,the medical certificate has to be approved by a registered medical
practitioner.

6.6 List of office equipment and supplies

THE POD WHEEL DEAL has bought office equipment list in table 3.
NO TYPE OF EQUIPMENT QUAN PRICE PER TOTAL
TITY UNIT(RM) AMMOUNT(RM)
1 Furniture 1 3.000 3.000
2 Air cond 1 3.000 3.000
3 Renovation 3.000 3.000
4 Sign board 1 1.000 1.000
5 Set computer 2 1.000 1.000
TOTAL 11.000

TABLE 3

6.7 Administrative budget

As indicated in Table 4,the administrative budget includes rental,water,electricity

,telco bill and promotional cost.

ADMINISTRACTIVE EXPENDITURE
RM RM
Fixed assets/capital expenditure
-

Working capital/monthly expenditure

Manager’s allowance 500.00
Worker’s salaries 3,000.00
EPF 510.00
SOCSO 63.00
Office apparatus 100.00
Office supplies 100.00
Rental 400.00
Water bill 30.00
Electricity bill 70.00
Telephone/internet bill 100.00
4,873.00
Other expenditures
Clerical and promotion 200.00
200.00
Total 5,073.00

TABLE 4
7.0 MARKETING PLAN/ANALYSIS

THE POD WHEEL DEAL is involved in the service industry. We believe that our country
economy which is expanding positively plays its part in the development of the pod wheel
deal. With the increasing number of student in the community, the pod wheel deal is able to
take advantage of this development by offering rental car and grab services to them by
coming out with high quality service, we sure that our business will be able to compete with
others competitors in the bestari jaya area.

7.1 DESCRIPTION OF PRODUCT OR SERVICES

Table below describe the product and services offered by the pod wheel deal and the price
rate of each product and services ;

PRODUCT AND SERVICES PRICE

AXIA RM 90 PER DAY
MYVI RM 100 PER DAY
IRIZ RM 95 PERDAY
ALZA RM 140 PERRDAY
CAB TO BESTARI JAYA RM 10 ONEWAY
CAB TO IJOK RM 15 ONEWAY
CAB TO MRT SG BULOH RM 45 ONE WAY
CAB TO AEON RAWANG RM 35 ONE WAY

7.2 TARGET MARKET

The target market of the pod wheel deal is comprised of the the resident of the housing
areas in ijok and bestari jaya also student in unisel bestari jaya, workers in the government
and private sectors in kuala Selangor area.
7.3 MARKET SIZE
The market size is calculated to be 30,000 families from the areas listed below with a rough
estimation of rm100.00 per month to buy\order clothes. This will give rough monthly
income of rm8k-rm10k,

AREAS THAT WE SERVE;

 KAMPUNG BESTARI JAYA

 BATANG BERJUNTAI
 IJOK
 KAMPUNG JAYA SETIA
 KUALA SELANGOR
 PUNCAK ALAM
 PEKAN BESTARI JAYA
 DESA COALFIELD
 TASIK PUTERI
 SAUJANA UTAMA
 UITM PUNCAK ALAM
 UNISEL BESTARI JAYA
7.4 COMPETITORS ( STRENGTHS AND WEAKNESS)

Its is very important for the pod wheel deal to identify our competitors. Competitors
refer to the business that offer similar product or service. Based on market survey
done after earlier this year , we found that there are four competitors for our
business, which are KERETA SEWA IJOK , NIZAM RENT CAR ,KERETA SEWA STUDENT
,AND SHA KERETA SEWA ; table below shows the strength and weakness of our
competitors.

COMPETITOR SERVICE STRENGTH WEAKNESS

KERETA SEWA IJOK RENTAL CAR EXPERIENCED STAFF NOT MANY SERVICE
41 jln 6, taman OFFER
permai, ijok

NIZAM RENT CAR RENTAL CAR EXPERIENCE STAFF NOT MANY SERVICE
23 jalan jj/5 taman AND COMPETITIVE OFFER
jaya batang berjuntai PRICING

KERETA SEWA RENTAL CAR MANY REGULAR NOT MANY SERVICE

STUDENT CUSTOMER AND OFFER
Lot 2905 jalan kpg CUSTOMER FRIENDLY
teluk , bestari jaya

SHA KERETA SEWA RENTAL CAR VERY POPULAR LACK OF STAFF

Unisel bestari jaya, AND SERVICES AMONG STUDENT
batang berjuntai
7.5 MARKET SHARE

The target market for this business is formed mainly by family and student who don’t
have car. We are not able to identify the actual market share for our business as the
data is ambiguous. However we have taken our market share as 10% of the number
of population in the age 18-55 years old who live or work in the areas listed in 7.3 as
shown in table above.

NAME SHARE PERCENTAGE VALUE

KERETA SEWA IJOK 23% 23,000

NIZAM RENT CAR 20% 20,000

KERETA SEWA STUDENT 20% 20,000

SHA KERETA SEWA 15% 15,000

THE POD WHEEL DEAL 10% 10,000

OTHERS 2% 2000

TOTAL 100% 100,000

7.6 SALES FORECAST

Our sales forecast for two consecutive years is shown in table below;

MONTH FIRST YEAR SECOND YEAR TOTAL SALES

JANUARY 8,500 9,300 17,800

FEBRUARY 8,500 9,800 18,300

MARCH 8,500 8,600 17,100

APRIL 8,500 9,400 17,900

MAY 8,500 9,500 18,000

JUNE 8,500 9,900 18,400

JULY 8,500 10,200 18,700

AUGUST 8,500 9,000 17,500

SEPTEMBER 8,500 8,200 16,700

OCTOBER 8,500 9,200 17,700

NOVEMBER 8,500 9,200 17,700

DECEMBER 8,500 10,800 19,300

TOTAL RM 102,000 RM 113,100 RM 215,100

 7.7 MARKETING STRATEGY

The marketing strategy of the pod wheel deal is summarized in table below;

CRITERIA DESCRIPTION

We ensure that the service offered to the customers are of

high quality and meet the customer needs and demand. To
maintain the high quality service of our business we,
SERVICE STRATEGY
 Discuss with our customer the way they want it
 Ensure that all safety that they need it
 Provide a comfortable car
We also provided additional service like cab.

The service we offer are reasonably priced to ensure that

they remain affordable to customer. The business also keep
PRICING STRATEGY track of the change in rental rates by observing the rates
offered by our competitors so that our customers are not
undercharged or overcharge.

The location of our business is very strategic because it is

located near to a few house and also near unisel , this area
DISTRIBUTION also has a few government and private agencies where most
STRATEGY of the resident work in.

Our promotion will be done using flyers, business card and

social media.at the moment, we rely more on word of mouth
PROMOTION promotion by our existing customer as we believe that this is
STRATEGY cost effective and convincing in order to attract new
customers.
8.0 OPERATIONAL PLAN
The operational plan is one of the most important factors to consider in a business. Like other
companies, our target is to ensure that our services are the best in quality and able to satisfy
our customers’ needs and wants. Hence, a systematic operational plan is formed so that our
business runs smoothly and achieves its objectives.
8.1 Operational objectives
The objectives of our operational plan are as follows:
 To ensure the operations of the business runs smoothly
 To optimize customer satisfaction and fulfil their expectations towards our ability to
provide high quality services
 To achieve consistency and stability in our production and services
 To ensure the quality of our services meets the established standards
 To ensure our business is profitable and successful

8.2 Business hours

Our business is open for nine hours a day, starting from 9.00 am until 7.00 pm every day.
8.3 Operational layout
The operational layout of The Pod Wheel Deal Enterprise is as shown below.
8.4 Operational process
The operational process of our business is illustrated by the picture shown

Customer can enter the premises or just contact us

Discussing about the type of car and the price

Customers determine time of rent

Checking the car condition

Customers confirm the booking and pay the deposit

Collect the car at the premises or by delivery

8.5 Amenities and facilities

The premise of The Pod Wheel Deal Enterprise has all the amenities such as water,
electric supply, air conditioning, telephone lines and also facsimiles. The building is
situated in a housing area where facilities such as roads and public transportation are
readily available\

8.6 Permanent assets and required items

The permanent assets and required items of The Pod Wheel Deal Enterprise are:
 No Item Price/Unit (RM) Date Price (RM)

1 Cars 10,000 4 40,000

2 Furniture 3,500 1 3,500

3 Air conditioner 2,000 2 4,000

4 Renovation 3,000 3,000

5 Sign board 500 1 500

6 Car Maintenance / Others 2,500 2,500

TOTAL 53,500

8.7 Estimation of purchase for two years

The estimation in the table covers all the materials used for our business

Month/Year Year 1 (RM) Year 2 (RM) Total (RM)

First 200 250 450
Second 200 250 450
Third 200 250 450

Fourth 200 250 450

Fifth 200 250 450

Sixth 200 250 450

Seventh 200 250 450

Eighth 200 250 450

Ninth 200 250 450

Tenth 200 250 450

Eleventh 200 250 450

Twelfth 200 250 450

Total 2400 3000 5400
 Raw Material Price per unit (RM) Quantity Total Cost (RM)

Car wash soap Rm10 1 bottle 10

Car wiping cloth Rm10 1 pack 10

Gas Rm25 4 cars 100

Car Spare parts Rm20 4 cars 80

TOTAL 200

Material Suppliers
NO Name Type of material Mode of payment

1 CALTEX Bestari Jaya Gas Cash

2 MR DIY Bestari Jaya Accessory Cash

8.10 Cost estimation of service or order

(a) Order for car rental
Gas Charge RM10
Car Maintenance RM20Total:
RM30

Normal net rate for customers is RM 50

(b) Order for cab services
Normal net rate per 1km = RM 3
9.0 Financial Plan
A financial plan is important for the overall success of THE POD WHEEL DEAL because it
helps to:
 Determine the size of investment that is the project implementation cost.
 Identify and propose the relevant sources of finance.
 Ensure that initial capital is sufficient.
 Appraise the viability of the project before actual investment is committed.
 Guide the implementation of plans.

9.1 Project implementation cost schedule and sources of finance

PROJECT IMPLEMENTATION COST AND SOURCES OF FINANCE
Project Implementation cost Suggested sources of financing
Requirements Unit Cost (RM) Loan (RM) Cash (RM)

Fixed assets 45000 8500

Cars 4 40000
Furniture 1 3500
Air conditioner 2 4000
Renovation 1 3000
Sign board 1 500

Other expenses
Car maintenance 2500
/ others
Total 53500 45000 8500
9.2 Pro forma cash flow and finance statement
Pro forma cash flow statement for the first year
9.3 Pro forma cash flow and finance statement
Pro forma income statement for the first year
THE POD WHEEL DEAL
PRO FORMA INCOME STATEMENT FOR THE FIRST YEAR
Sales 102000.00
Less: Cost of sales (good sold) 10,000.00
Purchases

Goods available for sales 10,000.00

Less: Closing Stock 10,000.00

Gross profit 92000.00

Less: Operating expenses
Administrative expenses
 Manager’s allowance 500.00
 Worker’s salaries 3000.00
 EPF 510.00
 SOCSO 63.00
 Office apparatus 100.00
 Office supplies 100.00
 Rental 400.00
 Water bill 30.00
 Electricity bill 70.00
 Telephone/internet bill 100.00
Other expenditures
Clerical and promotion 200.00

Total Operating expenses 5073.00

Total Net Profit/loss before tax 86927.00
9.4 Pro forma statement of financial position
Pro forma statement of financial position for the first year
THE POD WHEEL DEAL
PRO FORMA STATEMENT OF FINANCIAL POSITION FOR THE FIRST YEAR
YEAR 2022
ASSETS
Fixed assets (non-current assets)
Cars 40000.00
Furniture 3500.00
Air conditioner 4000.00
Renovation 3000.00
Sign board 500.00
Car maintenance/others 2500.00
Current assets
Cash in hand and bank 53500.00

Other assets
Raw material 200.00

TOTAL ASSETS 107200.00

Owner’s equity
Capital 8500.00
Accumulated profit 86927.00

Long-term liabilities
Term loan 11773.00
Current liabilities
Accounts payable
Revenue
Total Equity and Liabilities 107200.00
10.0 Conclusion/summary and recommendation
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 of operation. For the first year, we are expecting to incur a
very minimal loss as we have made a conservative estimate of sales and expenses
based on the fact that the company has just started the operation. The business will
continuously implement the business strategies, especially in themarketing aspects,
to ensure that the business is well known to the customers and we hope to build a
loyal customer base in the year of operation.
We hope this application of financing will be given due consideration by MARA
for us to startthe business. We also hope to become part of the successful
Masyarakat Perdagangan dan Perindustrian Bumiputera (MPPB) in Malaysia.
APPENDICES