YAAYANN PEARL

BUSINESS PLAN

(ENTREPRENEUR 263)

PREPARED BY:

BEETERIA LUYAN KHIM

(MS20220211438)

NUR NAJIHAH MAISARAH BINTI KAMARUZZAMAN

(MS20220211449)

LECTURER NAME:

SHARIFAH NAWAITUL MASDINAR BINTI SYED ABDUL RAHMAN

 YAAYANN PEARL
Create a business concept for a chain of pearl accessories that achieves a
world class standard

www.yaayannpearl.com.my

011 – 3723 8900

hi@yaayannpearl.com

Lot PT 15683, Kawasan Perindustrian Jakar II,

24000 Chukai Kemaman, Terengganu
Cover Letter

Yaayann Pearl,
Lot PT 15683,
Kawasan Perindustrian Jakar II,
24000 Chukai Kemaman,
Terengganu

Tel : 013-5210970

Manager Director
Pn. Sharifah Nawaitul Masdinar Binti Syed Abdul Rahman
Business Financial,
Yayasan Yang Entrepreneur,
5th Floor, Menara Persiaran Coast,
Jalan Kubu ,20200 Kuala Terengganu
Tel: 09 – 676 4647 5 November 2023

Dear Madam,

Application sponsor for talent

Referring to the subject mentioned above, I, Muhammad Khairul Nizam Husien bin Abdul Manan from Yaayann
Pearl, wish to apply sponsor from Yayasan Yang Entrepreneur for talent to start a business pearl accessories.

For your information, I made jewelry using pearls and started selling the jewelry online for 3 years. Over the last few
months, I getting the response of the public then I started my own business to meet demands and wishes of regular
costumer.

However, I do not have a sufficient amount of capital to run the business. At this time, I only have an amount of
RM3,153.00 . Therefore I would like to apply for a sponsor from Yayasan Yang Entrepreneur for an amount of
RM1000.00. With this loan I would like to promote my business at media social and pay for ads that related to my
business on tiktok, instagram, facebook, twitter and whatsaap.

Attached with this letter is my business plan which backs up my application. I can be contacted at 013-5210970 if
you wish to discuss any of the above points. I will gladly furnish you with additional materials with regards to this
matter if required. Finally, I would like to express gratitude for the cooperation and look forward to a long, mutually
beneficial relationship. I really appreciate the opportunity to discuss the matter further.

Thank you.

Your faithfully,

…………….
(Muhammad Khairul Nizam Hisuien bin Abdul Manan)
Yaayan Pearl
Abstract

Yaayan Pearl aims to become the leading provider of pearl accessories in Terengganu and serve
as a reference for Bumiputera entrepreneurs. The company aims to provide high-quality pearl
accessories at competitive prices, addressing the long-standing demand in Kemaman for such
items.

Our company will operate in a housing area in Kemaman, focusing on providing high-
quality Yaayan Pearl to families, particularly women and schoolchildren. We aim to capitalize
on the area's limited competition and reach out to current residents to maximize our business's
potential.

Yaayan Pearl will operate five days a week under experienced management, led by Sir
Muhammad Khairul Nizam Husien bin Abdul Manan. The company will have two experienced
pearl quality assurance personnel and plans to hire a Finance and Customer Service Manager.

This document highlights the necessity of a business in Kemaman and its potential for
success. It serves as a roadmap for planning and implementation. The anticipated financing is
RM1000.00 for a total start-up cost of RM4153.00, ensuring a timely start and taking advantage
of Eid holidays. Repayment will be made through cash and transfers on a scheduled basis.

The company anticipates sales of RM38,500.00 this year, RM48,000.00 for the second
year, and RM54,000.00 for the third year, based on competitor sales history. The pricing strategy
aims for reasonable profit and customer retention with a focus on friendly service that exceeds
expectations.
 ITEM PAGE
1.0 Introduction
1.1 Name of business
1.2 Nature of business
1.3 Industry profile
1.4 Location of the business
1.5 Date of commencement
1.6 Factors in selecting the proposed venture
1.7 Future prospect of the business plan
2.0 Purpose of preparing a business plan
3.0 Business/company background
3.1 Name of business
3.2 Main business activities
3.3 Telephone number/Fax number/E-mail address
3.4 Form of business
3.5 Main business activities
3.6 Date of commemcement
3.7 Date of registration number
3.8 Name of bank and account number
4.0 Background of owner
4.1 Personal particulars of owner
5.0 Background of proposed project
5.1 Physical location
5.2 Price of premise
5.3 Distance from source of raw material
5.4 Availability of manpower
5.5 Transportaion facilities
5.6 Distance from customers
5.7 Basic amenities
6.0 Organizational/management/administration plan
6.1 Organization,s mission, vision and objectives
6.2 Organizational chart/structure
6.3 Manpower planning
6.4 Schedule of task and responsibilities
6.5 Remuneration plan
6.6 List of office equipments and supplies
6.7 Administrative budget
7.0 Marketing plan
7.1 Description of products or services
7.2 Target market
7.3 Market size
7.4 Competitors
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 of three years
8.8 List of raw material, quantity and cost for a month
8.9 Material suppliers
8.10 Cost estimation of service/order
9.0 Financial plan
9.1 Project implementation cost schedule and sources of finance
9.2 Pro forma cash flow satements
9.3 Pro forma income statements
9.4 Pro forma balanced sheet
10.0 Comclusion/summary and recommendation
11.0 Appendices
1.0 Introduction

1.1 Name of business

Yaayan Pearl

1.2 Nature of business

This company provides high-quality pearl accessories to meet customer specifications,

particularly for women who want to showcase their accessories during Eid, anniversary,
or birthday celebrations. They aim to help people wear formal or traditional wear while
showcasing their pearl accessories and also ensuring pearls accesories meet the needs of
their customers.

1.3 Industry profile

Pearl accessories is a business that produces bracelets, necklaces, and rings for
customers based on lifestyle or purpose. Despite being difficult to find in urban areas,
demand is high due to the growing number of women seeking specialized accessories in
compact environments. City dwellers also look for pearl accessories during festive
seasons like Chinese New Year, Raya, Deepavali, and Christmas to complete their new
accessories.

1.4 Location of business

Yaayann Pearl, Lot PT 15683, Kawasan Perindustrian Jakar II, 24000 Chukai
Kemaman, Terengganu. The location is strategic because it is at the centre of a housing
area.

1.5 Date of commencement

 5 December 2023

1.6 Factors in selecting the proposed venture

I have decided to establish Yaayan Pearl, a pearl accessories business, in Kemaman due
to the potential for profit, the business's location, and several other factors that attracted
them to the area. Altogether, I explains three reasons for establishing Yaayan Pearls.

Firstly, Kemaman area lacks pearl accessories and its offering a great opportunity
for the company to become the customer's preferred choice. By introducing pearl
accessories first, this business aims to attract many customers.

Secondly, I assume that many women in the area need pearl accessories to show
off and share with others. From this reason can show that they may need my services to
produce many accessories.

Thirdly, my plan is to sell accessories suitable for children, teenagers, working

women, and housewives in this area, catering to customer tastes and requirements.

1.7 Future prospect of the business

Yaayan Pearl plans to expand the company once it is financially stable and plans to
open new branches in new residential areas. Yaayan Pearl intends to improve the quality
of service and employees by hiring experienced employees who have completed
training programs such as at Yayasan Yang Entrepreneur.

Finally, this business will be a welcome event in Kemaman due to the high
demand and meeting the needs of customers.

2.0 Purpose of preparing a business plan

2.1 This business plan is a guide for managing a pearls accessories business venture. It
outlines the business's plans and strategies to achieve its goals and is prepared to obtain
a working capital loan from Yayasan Yang Entrepreneur for RM1000.00. This guide is
crucial for understanding the nature of the accessories business and its working
components, making it an essential tool for new entrepreneurs.
3.0 Business/company background

3.1 Name of Business : Yaayan Pearl

3.2 Business Address : Lot PT 15683, Kawasan Perindustrian Jakar II, 24000
Chukai Kemaman, Terengganu.

Correspondence Address : Same as above

3.3 Telephone Number : 013-5210970

Fax Number :-

E-mail Address : hi@yaayannpearl.com

3.4 Form of Business : Sole proprietorship

3.5 Main Business Activity(ies) : Provides high-quality pearls accesories

3.6 Date of Commencement : 5 November 2023

3.7 Date of Registration : 5 December 2023

Registration Number : B854378

Initial (own ) Capital : RM3500.00

3.8 Name of Bank : CIMB Bank

Bank Account Number : 70769321

4.0 Background of owner

4.1 Personal particulars of owner

Name of The Owner : Muhammad Khairul Nizam Husien bin Abdul Manan

Identity Card Number : 010605-12-6942

Permanent Address : Lot PT 15683, Kawasan Perindustrian Jakar II, 24000

Chukai Kemaman, Terengganu.
 Correspondence Address : Lot PT 15683, Kawasan Perindustrian Jakar II, 24000
Chukai Kemaman, Terengganu.

Telephone Number : 013-5210970

E-mail Address : hi@yaayannpearl.com

Date of Birth : 5 June 2001

Age : 22

Martial Status : Single

Academic Qualifications : Diploma in Art & Design

Courses Attended : (a) Textile

(b) Fine Metal

(c) Industrial Design

(d) Ceramic

(e) Fashion Design

Skills : Design and access pearl quality

Experience : Part-time design chain accessories

Present Occupation : Open a jewelry store

Capital Contribution : RM1500.00

5.0 Background of the proposed project

5.1 Physical location

Yaayann Pearl is located at Lot PT 15683, Kawasan Perindustrian Jakar II, 24000
Chukai Kemaman, Terengganu that was strategically located at the center of a housing
area.
 5.2 Price of premise

Yaayan Pearl rents commercial business premises from his own family, resulting in a
lower rent than the market rate, with a monthly expenditure of approximately RM500.

5.3 Distance from the source of raw materials

Wholesale Pearl Manufactor, a supplier located in Sabah, is our primary source of raw
materials and they always ensuring their quality and reliability.

5.4 Availability of manpower

The business requires skilled workers, so the manpower search needs to expand to other
areas. The plan i want to maintain the initial workforce and seek more staff from local
training institutes.

5.5 Transportation facilities

Our premises are easily accessible by various modes of transportation, including buses,
taxis, motorcycles, grabs, and cars, and are also conveniently located for our suppliers
to deliver raw materials.

5.6 Distance from customers

Our company is conveniently located 2 km from the nearest residential area, making it
easily accessible.

5.7 Basic amenities (electrical, water and telephone facilities)

Our office is furnished with essential amenities like water, electricity, internet
connection, and telephone lines to enhance worker efficiency and productivity.

6.0 Organization/management/admistration plan

6.1 Organization’s vision, mision and objectives

 Table BP 2.1 shows the logo used by Yaayan Pearl and describes the company vision, mision and
objectives.

Logo of the Business

(a) Our vision is to offer authentic pearl jewelry in gold frames, handcrafted by
artisan hands, and sea pearl detailing crafted from natural processes from sea
Company’s Vision pearl shells.
(b)This initiative aims to boost entrepreneurship by offering marketing facilities, high
quality jewellery, and commercial sector development.

(a) Our mission is to offer a wide range of pearl jewelry at competitive prices,
featuring delicate gold and pearl frames, crafted by skilled craftsmen who ensure
Company’s Mision the authenticity of the pearls and the amount of gold used.
(b) The company aims to be a leading national company specializing in
entrepreneurship, jewelry business and commercial sector services.

(a) Enhance the proficiency and understanding of entrepreneurs in the realm of

jewelry sales.
(b) Assist in product design creation and branding.
(c) Carrying out jewelry design activities in the pearl jewelry design and sales
Company’s Objective
industry.
(d) To create a comprehensive information center and reference resource for the pearl
jewelry industry across the state.
(e) Pursuing the development of a new pearl jewelry entrepreneur.

6.2 Organization chart

 Our company's organizational chart is straightforward, containing only one management
level, which may increase as the business expands.

Figure BP 2.1 illustrates our purposed structure.

Figure BP 2.1 Organizational structure of Yaayan Pearl

6.3 Manpower planning

Yaayan Pearl operates with a manager, designer / salesman, and finance department /
clerk as illustrated in Table BP 2.2.

Table BP 2.2 Position and number of personnel in Yaayan Pearl

POSITION NUMBER OF PERSONNEL

Manager 1
Designer / Salesman 1
Finance Department / Clerk 1

6.4 Schedule of tasks and responsibilities

Table BP 2.3 outlines the tasks and responsibilities of each position, identifying the
functions and responsibilities that will be assigned to each individual to ensure business
smooth operation.
 Table BP 2.3 Schedule of tasks and responsibilities of employee

TASK RESPONSIBILITIES JOB DESCRIPTION

• The job involves recruiting, selecting, orienting, and training employees

to ensure a safe, comfortable, and organized work environment.
• Involves assessing and assessing staff performance through
communication, planning, monitoring, and evaluation of work results.
• Involves setting strategic goals by gathering relevant information and
data from various business areas, finance, services, and other relevant
Manager
sources.
• Involves decision making, planning, organization, direction,
management, evaluation, and reporting within an organization.
• Involves upholding service quality standards, analyzing and resolving
issues, and recommending system improvements to ensure customer
satisfaction.

• Involves loading and unloading goods.

• Involves in setting the price tag
• Involves the planning and implementation of jewelry design, material
Designer / Salesman
selection and finishing.
• An interior designer will create a comprehensive design plan for pearl
jewelry.
• Responsible for managing records, preparing official correspondence,
and handling incoming calls.
• Required to manage appointments, prepare office reports, and assist in
the preparation of paperwork.
Finance Department /
• Responsible for managing and processing the Ministry's procurement of
Clerk
work, supplies, and services for open, limited tenders, quotations, direct
negotiations, and direct purchases.
• Responsible for handling all payment matters under the management
and development budget.

6.5 Remuneration Plan

 The company has selected the EPF scheme for all employees as illustrated in Table BP
2.4, to ensure fair compensation.

Table BP 2.4 Remuneration plan

Salary Allowance EPF SOSCO TOTAL

POSITION NO
(RM) (RM) (RM) (RM) (RM)

1. Manager 1 2,000.00 2,000.00

2. Designer/Salesman 1 1,000.00 100.00 15.50 1,115.50
3. Finance Department/Clerk 1 1,000.00 100.00 15.50 1,115.50
Total 3 2,000.00 1,500.00 200.00 31.00 4,231.00

6.5.1 Salary

The employment contract stipulates that basic wage or salary will be paid monthly
through online banking, debited to workers' accounts on the 28th of each month.
Management decides any wage increments, and all employees receive salaries
based on their qualifications and experience, with payments made at the end of the
month.

6.5.2 EPF and SOSCO contributions

The company will deduct EPF contributions from all workers' salaries and
contribute 5% to SOCSO, a part of the workers' basic salary.

6.5.3 Working hours

Yaayan Pearl employees are required to work nine hours a day, Monday through
Friday or Saturday with lunch hours from 12:30 pm to 1:30 pm.

6.5.4 Medical allowance

The medical allowance will be provided in case of illness.

6.5.5 Maternity benefits

 Female workers are entitled to 60 days of maternity leave per confinement period,
but this allowance is not extended to employees with working children.

6.5.6 Insurance

The insurance policy will cover all employees, purchased or rented premises,
buildings, and transportation means.

6.5.7 Bonus

Employee bonuses will be awarded based on their performance.

6.5.8 Compensation and benefits to workers

Compensation and benefits are provided to employees to enhance their

performance and job satisfaction.

6.5.9 Holidays

All workers are entitled to at least one or two rest days on Saturday and Sunday
every week.

6.9.10 Annual leave and sick leave

Workers receive 16 days of annual leave, including 15 days for sick leave,
provided by medical practitioners. Hospitalizations exceeding 15 days result in
wages not being paid.

6.6 List of office equipment and supplies

Yaayan Pearl has purchased office equipment and supplies as per the information
provided in Table BP 2.5.

Table BP 2.5 List of equipment and supplies

No. Type of Equipment Quantity Price Per Unit (RM) Total Amount (RM)
1 Pearl drilling machine 1 304.23 304.23
 2 Pearl drilling holing machine 1 286.90 286.90

3 Beads puncher pearl 1 159.00 159.00

4 Handy pearl settimg machine 1 62.00 62.00

5 Manual beading machine 2 45.90 91.80

6 Air condioner 1 3,000.00 3.000.00

7 Renovation 1 2,500.00 2,500.00

8 Sign Board 1 1,000.00 1,000.00

9 Material 500m 500.00 500.00

10 Pearl 1 per unit 2789.00

Total 9792.93

6.7 Administrative budget

Table BP 2.6 outlines the administrative budget, which encompasses rent, water,
electricity, telephone bills, transportation costs and promotional expenses.

Table BP 2.6 Administrative expenditure

Administrative Expenditure
RM RM
Fixed assets / capital expenditure

Working capital / monthly expenditure

Manager’s allowance 2,000.00
Worker’s salaries 1000.00
EPF 100.00
SOSCO 15.50
Machine 744.93
Office maintenance 78.00
Office supplies 78.00
Rental 500.00
Water bill 30.00
 Electricity bill 115.00
Telephone / Fax 100.00
Transportation 100.00

Other Expenditures
Promotion 150.00
Total 4933.43

7.0 Marketing plan / analysis

Yaayan Pearl, a service industry company, is leveraging the expanding economy to cater to
the growing number of working women in the community by offering pearl-made jewelry
services and competing with other Kemaman-based businesses by providing high-quality
service.

7.1 Description of products or services

Table BP 2.7 provides an overview of Yaayan Pearl's products or services, along with
their respective prices or rates.

Table BP 2.7 List of products and services offered by Yaayan Pearl

Type of Product Price (RM)

South Sea Pearl ( the big girl pearls) 173.00
Oriental Pearl 185.00
Akoya Pearl 198.00
Pearl of Biwa 250.00
Black Pearl 235.00
Mother of Pearl (shell in oyster) 150.00
Blister Pearls 200.00
Pearl Mabe 189.00
Keshi Pearl 169.00
Mikimoto Pearl 159.00
Pearl of Air Tawar 100.00
 Edison pearl 205.00

Tahitian pearl 219.00

Loose pearl 78.00

Paired pearl 279.00

7.2 Target market

Yaayan Pearl targets Kemaman residents and government and private sector workers in
Terengganu and Pahang housing areas.

7.3 Market size

The pearl accessory market is estimated at 3,500 families in the area and estimated
purchases in RM300.00 per month with a monthly income of RM1,050,000.00.

Areas that we serve:

• Kampung Air Jerneh

• Kampung Baru, Kerteh
• Kampung Baru Semanyor
• Kampung Batu 9, Ibok
• Kampung Besut, Chukai
• Kampung Binjai, Chukai
• Kampung Bukit Kuang, Chukai
• Kampung Bukit Teruna
• Kampung Che Wan
• Kampung Darat Air Puteh
• Kampung Darat Penunjuk
• Kampung Dusun Nyior
• Kampung Fikri, Chukai
• Kampung Geliga Baru
• Kampung Geliga Besar
• Kampung Gong Pauh, Chukai
7.4 Competitors (strengths and weaknesses)
Yaayan Pearl is crucial in identifying its competitors, who offer similar products or
services. A recent market survey revealed that the company faces two main competitors
which is Kedai Emas Mohd. Hanis and Kedai Emas & Permata Yahzali Sdn. Bhd.

Table BP 2.8 Competitor’s strengths and weaknesses

Competitor Product Strength Weakness

Kedai Emas Mohd.

Hanis Offering a wide The current level of
No A8 , Lot 4368 Tunas collection of 916 new & technology mastery and
Experienced staff
Manja Kemaman, Jalan used jewelry at capability is relatively
Jakar, 24000 Chukai, affordable prices weak.
Terengganu

Kedai Emas & Permata

Yahzali Sdn.Bhd.
Bangunan Casa The quality of
Limbong, FA-52, First Offers cheap and craftsmanship in
Competitive pricing
Floor, Jalan Lebai affordable gold jewelry product design is still
Saras, Terengganu, limited.
24000 Chukai,
Kemaman

7.5 Market share

The business targets working women and families, with a market share of 15% of the
population aged 9-50 living or working in areas listed in 7.3 as shown in Table BP 2.9,
as the actual market share is not yet determined due to ambiguous data.

Table BP 2.9 Market share after the entry of Yaayan Pearl

No Name Share Percentage (%) Value
1 Kedai Emas Mohd. Hanis 23 23,000.00
2 Kedai Emas & Permata Yahzali Sdn. Bhd. 20 20,000.00
3 Yaayan Pearl 15 15,000.00
4 Others 10 10,000.00
Total 100% 100,000.00
7.6 Sales forecast

Table BP 2.10 Displays our sales forecast for three consecutive years.
Sales forecast for three consecutive years (RM)
Month
First Year Second Year Third Year Total sales Remarks
January 1,000.00 2,600.00 10,000.00 13,600.00
February 1,400.00 3,800.00 14,000.00 19,200.00
March 1,300.00 6,160.00 16,000.00 23,460.00
April 3,280.00 7,800.00 20,000.00 31,080.00
May 2,200.00 7,500.00 18,000.00 27,700.00 EID
June 2,860.00 6,600.00 14,000.00 23,460.00
July 2,300.00 5,800.00 15,000.00 23,100.00
August 3,100.00 6,300.00 17,800.00 27,200.00
September 2,600.00 6,240.00 13,700.00 22,540.00
October 2,420.00 5,600.00 15,800.00 23,820.00
November 1,240.00 4,800.00 15,200.00 21,420.00
December 1,300.00 3,600.00 10,500.00 15,400.00 Christmas
Total 25,000.00 65,000.00 180,000.00 270,000.00
7.7 Marketing Strategy

Table BP 2.11 provides a comprehensive summary of Yaayan Pearl's marketing strategy.

Criteria
Production strategy
and service strategy
Pricing strategy
Distribution
(location) strategy
Description
• We consistently strive to ensure high-quality product products.
• The company offers services like repairing damaged jewelry within an
hour or two.
• Our products and services are consistently priced to maintain affordability
for our customers.
• The business monitors competitor rates to ensure customers are not
undercharged or overcharged by tracking changes in accessories prices.
• Our business is strategically situated near several housing areas.
• The area is home to several government and private agencies where the
majority of residents work.
 Promotion strategy • Our promotional strategy will involve the use of flyers and business cards.
• Currently, we primarily rely on 'word of mouth' promotion from existing
customers as it is cost-effective and effective in attracting new customers.

7.8 Marketing budget

Table BP 2.6 indicates that the marketing budget is included in our administrative
expenditure.

8.0 Operational plan

The operational plan is a crucial aspect of a business, aiming to ensure high-quality services
and satisfy customer needs. A systematic operational plan is formed to ensure smooth
operations and achieve business objectives, ensuring the company's success.

8.1 Operation objectives

Our operational plan aims to achieve the following objectives:

• The goal is to guarantee the profitability and success of our business.

• Our goal is to enhance customer satisfaction and meet their expectations by
delivering high-quality products and timely services.
• Our goal is to achieve stability in our production and services.
8.2 Business hours
Our business operates from 8 am to 6 pm daily, Monday to Friday or Saturday.

8.3 Operational layout

The operational layout of Yaayan Pearl is illustrated below.

Figure BP 2.2 Operational layout of Yaayan Pearl

8.4 Operational process
Figure BP 2.3 illustrates the operational process of our business.

Figure BP 2.3 Process flow chart in Yaayan Pearl

8.5 Amenities and facilities

 The Yaayan Pearl premises have facilities such as water, electricity, air conditioning
and telephone lines and are located in a residential area with ready access to roads and
public transport.

8.6 Permanent assets and required items

Table BP 2.12 displays the permanent assets and required items of Yaayan Pearl.

Table BP 2.12 Permanent assets and required items

No Item Price/Unit (RM) Total Price (RM)

1 Pearl drilling machine 304.23 1 304.23

2 Pearl drilling holing machine 286.90 1 286.90

3 Beads puncher pearl 159.00 1 159.00

4 Handy pearl settimg machine 62.00 1 62.00

5 Manual beading machine 45.90 2 91.80

6 Air condioner 3,000.00 1 3,000.00

7 Renovation 2,500.00 1 2,500.00

8 Sign Board 1,00.00 1 1,00.00

9 Material 500.00 1 500.00

Total 7003.93

8.7 Estimation of purchase for three years

Table BP 2.13 provides an estimation of all materials used in the creation of accessories
and pearl punchers.

Table BP 2.13 Estimation of purchase for three years

Year II Year II Year III Total

Month Year
(RM) (RM) (RM) (RM)
 January 2,789.00 3,000.00 3,100.00 8,889.00
February 2,789.00 3,000.00 3,100.00 8,889.00
March 2,789.00 3,000.00 3,100.00 8,889.00
April 2,789.00 3,000.00 3,300.00 9,089.00
May 2,789.00 3,000.00 3,300.00 9,089.00
June 2,789.00 3,000.00 3,300.00 9,089.00
July 2,789.00 3,000.00 3,300.00 9,089.00
August 2,789.00 3,000.00 3,300.00 9,089.00
September 2,789.00 3,000.00 3,500.00 9,289.00
October 2,789.00 3,000.00 3,500.00 9,289.00
November 2,789.00 3,000.00 3,500.00 9,289.00
December 2,789.00 3,000.00 3,500.00 9,289.00
Total 33,468.00 36,000.00 39,800.00 109,268.00

8.8 List of quantity and cost of raw materials.

The monthly list of Yaayan Pearl details the quantity and cost of raw materials in Table
BP 2.14.

Table BP 2.14 Quantity and cost of material per month

Price per Unit Total Cost
Material Quantity
(RM) (RM)
Elastic cord 500.00 1 500.00
Total 500.00

8.9 Material suppliers

The Yaayan Pearl materials will be procured from several shops, as illustrated in Table
2.15.

Table 2.15 Material suppliers

No Name and Address Type of Material Mode of Payment

Edison pearl
Wholesale Pearl Manufactor
Tahition pearl
1 AR Amanjaya , Cash
Stand pearl
91000 Tawau, Sabah
Akoya pearl
 Wni Pearl Enterprise Tahition pearl
2 B130, Tingkat 1 , Jalan Air Putih Loose pearl Cash
25300 Kuantan , Pahang Paired pearl
Pearl Quarry sdn bhd
Fresh water pearl
3 Jln Meru Bistari B5, Cash
South sea pearl
31200 Ipoh , Perak

8.10 Cost estimation of service / order

(a) Order for full set accessories with box
Chain RM 300
Bracelet RM 200
Earing RM 80
Ring RM 120
Total RM 700

Normal net rate for customers is RM 750

(b) Order for a pair of full set accessories with box

Chain RM 580
Bracelet RM 390
Earing RM 150
Ring RM 235
Total RM 1355

Normal net rate fot customers is RM 1385

9.0 Financial plan

A financial plan is crucial for the success of Yaayan Pearl as it aids in:
• The purpose of this statement is to provide guidance on the execution of plans.
• To identifying and defining the most suitable sources of finance.
• The main objective is to guarantee that the initial capital is adequate.
 9.1 Project implementation cost schedule and sources of finance
The Yaayan Pearl project implementation cost schedule and sources of finance are
being discussed in Table BP 2.16.

Table BP 2.16 Project implementation cost schedule and sources of finance

PROJECT IMPLEMENTATION COST & SOURCES OF FINANCE
Project Implementation Cost Suggested Sources of Financing
Own Contribution
Cost Loan Hire
Requirements Cash Existing
(RM) (RM) Purchase
(RM) assets
Fixed assets 1000.00
Pearl drilling machine 304.23
Pearl drilling holing machine 286.90

Beads puncher pearl 159.00

Handy pearl setting machine 62.00
Manual beading machine 45.90
Air condioner 3,000.00
Renovation 2,500.00
Sign board 1,00.00

Working capital
(per month) 4,000.00
Other expenses
Registration 50.00
Deposit 15.00

Total 1,000.00

9.2 Pro forma cash flow and finance statement

The pro forma cash flow and finance statement of Yaayan Pearl can be found in Table
BP 2.17, 2.18, 2.19 and 2.20.
 Table BP 2.20 Pro forma cash flow statement for three consecutive years

YEAR YEAR 1 (RM) YEAR 2 (RM) YEAR 3 (RM)

CASH INFLOW
Owners’ capital (cash) 3,500
Cash sales 38,500 48,000 54,000
Credit collection
Yayasan Yang Entrepreneur loan payment 1,000
TOTAL CASH INFLOWS 43,000 48,000 54,000
CASH PAYMENTS
Administrative expenses
Permanent asset 9.800
Manager’s allowance 24,000 26,400 30,000
Building rent 6,000
Workers’ salaries 12,000 18,000 21,600
EPF 1,200
SOCSO 186
Water bill 360
Electricity bill 1,380
Phone bill 1,200
Office maintenance 936
Office expenses 936
Marketing expenses
Promotion 1,800
Transport 1,200
Operational expenses
Material 6,000
Registration 50
Deposit 15
Loan repayments
Principal 2,997
Interest 1,053
TOTAL CASH OUTFLOWS 36,350 52,200 60,000
EXCESS/(DEFICIT) 20,165 24,000 30,000
OPENING BALANCE - 9,980 11,500
FINAL BALANCE 20,165 16,000 23,500

9.3 Pro forma cash flow and finance statement

The pro forma cash flow and finance statement for Yaayan Pearl can be found in Table
BP 2.21, 2.22, 2.23 and 2.24.

Table BP 2.21 Pro forma statement of profit or loss for the first year

YAAYAN PEARL
PRO FORMA STATEMENT OF PROFIT OR LOSS FOR THE FIRST YEAR
30 DECEMBER 2020
Sales 38,500
Less: Cost of sales (good sold)
Opening Stock 6,000
Purchases
Goods available for sales
Less: Closing Stock 6,000

Gross profit 36,350

Less: Operating expenses
Administrative expenditure
Manager’s allowance 24,000
Workers’ salaries 12,000
EPF 1,200
SOCSO 186
Building’s rent 6,000
Water bill 360
Electricity bill 1,380
Telephone bill 1,200
Office maintenance 936
Office expenses 936
Marketing expenditure
Transport 1,200
Promotion 1,800

Operational expenditure

Financial expenditure 2,962

Diminishment (15%) 1,050
Payment interest (75)

Other expenditures
Registration 50

TOTAL OPERATING EXPENSES 43,900

TOTAL NET PROFIT/ LOSE BEFORE TAX 16,000

Table BP 2.22 Pro forma statemement of profit or loss for the second year
 YAAYAN PEARL
PRO FORMA STATEMENT OF PROFIT OR LOSS FOR THE SECOND YEAR
30 DECEMBER 2021
Sales 48,000
Less: Cost of sales (good sold)
Opening Stock 6,000
Purchases

Goods available for sales

Less: Closing Stock 6,000

Gross profit 52.200

Less: Operating expenses
Administrative expenditure
Manager’s allowance 26,400
Workers’ salaries 18,000
EPF 1,200
SOCSO 186
Building’s rent 6,000
Water bill 360
Electricity bill 1,380
Telephone bill 1,200
Office maintenance 936
Office expenses 936
Marketing expenditure
Transport 1,200
Promotion 1,800

Operational expenditure

Financial expenditure
Diminishment (15%) 2,962
Payment interest (75) 1,100
 Other expenditures
Registration

TOTAL OPERATING EXPENSES 45,000

TOTAL NET PROFIT/ LOSE BEFORE TAX 37,500

Table BP 2.23 Pro forma of profit or loss for the third year

YAAYAN PEARL
PRO FORMA STATEMENT OF PROFIT OR LOSS FOR THE THIRD YEAR
30 DECEMBER 2022
Sales 54,000
Less: Cost of sales (good sold)
Opening Stock 6,000
Purchases

Goods available for sales

Less: Closing Stock 6,000

Gross profit 60,000

Less: Operating expenses
Administrative expenditure
Manager’s allowance 30,000
Workers’ salaries 21,600
EPF 1,200
SOCSO 186
Building’s rent 6,000
Water bill 360
Electricity bill 1,380
Telephone bill 1,200
Office maintenance 936
Office expenses 936
Marketing expenditure
Transport 1,200
Promotion 1,800
 Operational expenditure

Financial expenditure
Diminishment (15%) 2,962
Payment interest (75) 1,500

Other expenditures
Registration

TOTAL OPERATING EXPENSES 48,000

TOTAL NET PROFIT/ LOSE BEFORE TAX 40,000

Table BP 2.24 Pro forma statement of profit or loss for three consencutive years
YAAYAN PEARL
PRO FORMA STATEMENT OF PROFIT OR LOSS FOT THE CONSECUTIVE YEARS
YEAR I II III
Sales 38,500 48,000 54,000
Less: Cost of sales (good sold)
Opening Stock 6,000 6,000 6,000
Purchases

Goods available for sales

Less: Closing Stock 6,000 6,000 6,000

Gross profit 36,350 52,200 60,000

Less: Operating expenses
Administrative expenditure
Manager’s allowance 24,000 26,400 30,000
Workers’ salaries 12,000 18,000 21,600
EPF 1,200 1,200 1,200
SOCSO 186 186 186
Building’s rent 6,000 6,000 6,000
Water bill 360 360 360
Electricity bill 1,380 1,380 1,380
 Telephone bill 1,200 1,200 1,200
Office maintenance 936 936 936
Office expenses 936 936 936
Marketing expenditure
Transport 1,200 1,200 1,200
Promotion 1,800 1,800 1,800

Operational expenditure

Financial expenditure
Diminishment (15%) 2,962 2,962 2,962
Payment interest (75) 1,050 1,100 1,500

Other expenditures
Registration 50

TOTAL OPERATING EXPENSES 43,900 45,000 48,000

TOTAL NET PROFIT/ LOSE BEFORE TAX 16,000 37,500 40,000
TAX
NET PROFIT AFTER TAX
TOTAL BROUGHT FORWARD PROFIT 16,100 40,000
ACCUMULATED NET PROFIT/LOSS 16,100 40,000 75,000

9.4 Pro forma statement of financial position

The financial position statement for Yaayan Pearl is presented in Tables BP 2.25, 2.26,
2.27, and 2.28.

Table BP 2.25 The financial statement for Yaayan Pearl for the first year
YAAYAN PEARL
THE FINANCIAL STATEMENT FOR THE FIRST YEAR
YEAR 2020
ASSETS
Fixed assets (non-current assets) 13,850
Furniture & fixtures
Operational machinery
Renovation
Signboard

Current assets
Cash in hand and bank 45,000

Other assets
Deposit 900

TOTAL ASSETS 60,500

Owners’ equity
Capital 3,500
Accumulated profit 4,000

Long-term liabilities
Term loan 13,000
Current liabilities
Accounts payable
Revenue
TOTAL EQUITY & LIABILITIES 60,500

Table BP 2.26 The financial statement for Yaayan Pearl for the second year
YAAYAN PEARL
THE FINANCIAL STATEMENT FOR THE SECOND YEAR
YEAR 2021
ASSETS
Fixed assets (non-current assets) 15,000
Furniture & fixtures
Operational machinery
Renovation
Signboard

Current assets
Cash in hand and bank 40,000
Other assets
Deposit 900

TOTAL ASSETS 70,000

Owners’ equity
Capital 3,500
Accumulated profit 8,000

Long-term liabilities
Term loan 20,000
Current liabilities
Accounts payable
Revenue
TOTAL EQUITY & LIABILITIES 90,000

Table BP 2.27 The financial statement for Yaayan Pearl for the third year
YAAYAN PEARL
THE FINANCIAL STATEMENT FOR THE THIRD YEAR
YEAR 2022
ASSETS
Fixed assets (non-current assets) 18,000
Furniture & fixtures
Operational machinery
Renovation
Signboard

Current assets
Cash in hand and bank 45,000

Other assets
Deposit 900

TOTAL ASSETS 20,000

Owners’ equity
Capital 3,500
Accumulated profit 9,800

Long-term liabilities
Term loan 23,500
Current liabilities
Accounts payable
Revenue
TOTAL EQUITY & LIABILITIES 97,650

Table BP 2.28 The financial statement for Yaayan Pearl for the consecutive year
YAAYAN PEARL
THE FINANCIAL STATEMENT FOR THE CONSECUTIVE YEAR
YEAR 2020 2021 2022
ASSETS
Fixed assets (non-current assets) 13,850 15,000 18,000
Furniture & fixtures
Operational machinery
Renovation
Signboard

Current assets
Cash in hand and bank 45,000 40,000 45,000

Other assets
Deposit 900 900 900

TOTAL ASSETS 60,500 70,000 20,000

Owners’ equity
Capital 3,500 3,500
Accumulated profit 4,000 9,800

Long-term liabilities
Term loan 13,000 20,000 23,500
Current liabilities
Accounts payable
Revenue
TOTAL EQUITY & LIABILITIES 60,500 90,000 97,650

10.0 Conclusion/summary and recomendation

Yaayan Pearl is confident in its business venture's potential for a satisfactory return on
investment in the second year of operation. They estimate minimal loss in the first year due
to conservative sales and expenses estimates.Yaayan Pearl also plans to continue
marketing strategies to establish a strong customer base and build a loyal customer base in
the second year of operation.
We hope Yayasan Yang Entrepreneur will consider our financing application for business
start-up and join the successful Masyarakat Perdagangan dan Perindustrian Bumiputera
(MPPB) in Malaysia.

11.0 Appendices
− The competitor's price list is provided.
− Promotional brochures or advertisements are used to advertise a service.
− The document provides a copy of an individual's identity card.
− The permit, license, letter of authority, or letter of support from another agency.