DPB2012 - ENTREPRENEURSHIP

BUSINESS PLAN

SWEET CORN

CLASS:

DRM3A

PREPARE FOR:

PN. HAMIDAH NUR BINTI AHMAD HAMIDI

 PREPARE BY:
 NUR KHALISAH BINTI ARIFIN (28DRM21F1022)
 MUHAMMAD HAIKAL ISKANDAR BIN ROHALIN (28DRM21F1024)
 MUHAMMAD DANISH AIMAN BIN UMAR (28DRM21F1028)
 NOOR HAWA INTAN SOFIA BINTI ZULHISHAM (28DRM21F1032)
 LETTER OF SUBMISION

Diploma in Retail Management (DRM3A)

Politeknik METro Kuala Lumpur
52400 Kuala Lumpur

13 September 2022

Hamidah Nur Ahmad Hamidi

Lecturer of Entrepreneurship (DPB2012)
Department of Commerce
Politeknik METro Kuala Lumpur
52400 Kuala Lumpur

Miss
Submission of the Business Plan

Attach is the business plan title “ SWEET CORN “ tofufill the requirements as needed as
Polytechnic requirements.

Below is the list of the group members that involved in completing this business plan:

MUHAMMAD DANISH AIMAN BIN UMAR 28DRM21F1028

NOOR HAWA INTAN SOFIA BINTI ZULHISHAM 28DRM21F1032
NUR KHALISAH BINTI ARIFIN 28DRM21F1022
MUHAMMAD HAIKAL ISKANDAR BIN ROHALIN 28DRM21F1024

Thank you,
Yours sincerely
 ACKNOWLEDGEMENT

We would like to take this oppurtinity to thank all those who have given various suggestions
and ideas that are very helpful for making this business plan. This speech is specifically
addressed to Madam Hamidah Nur Binti Ahmad Hamidi as our entrepreneurship lecturer for
her patience to giving guidance for us to be able to complete these tasks. We also would like
to thank our parents and friends who always give support and guidance for us to complete
this business plan.
 TABLE OF CONTENTS

NO CONTENT PAGE NO

LETTER OF SUBMISSION

ACKNOWLEDGEMENT

TABLE OF CONTENT

EXECUTIVE SUMMARY

1 INTRODUCTION 1
1.1 Name of Business
1.2 Nature of Business
1.3 Industry Profile
1.4 Location of Business
1.5 Date of Business Commencement
1.6 Factors in Selecting the Proposed Business
1.7 Future Prospects of the Business
2 PURPOSE OF PREPARING A BUSINESS PLAN 2

3 BUSINESS BACKGROUND 2

4 BACKGROUND OF PARTNERSHIPS 3-6

5 BACKGROUND OF BUSINESS 7

6 ORGANISATION / MANAGEMENT / ADMINISTARTION PLAN 8-16

7 MARKETING PLAN 17-29

8 OPERATIONAL PLAN 30-40

9 FINANCIAL PLAN 41-54

10 PROJECT IMPLEMNTATION SCHEDULE 55

11 CONCLUSION 55

12 SUPPORTING DOCUMENT 56
 EXECUTIVE SUMMARY

This business is owned by five of us. The first one is Muhammad Danish Aiman Bin
Umar as the General Manager. Second, Noor Hawa Intan Sofia Binti Zulhisham as financial
manager. Third, Nur Khalisah Binti Arifin as the marketing manager. Lastly, Muhammad
Haikal Iskandar Bin Rohalin as the general manager. Each of us has our own advantages like
some of us good at Marketing, online business, good at managing finances and experts in
communication. Sweet Corn Is Food-base business. We sell many types of food corn in a
week according to the customer’s demand. In early stage we only sell to our schoolmate and
around our neighbourhood that is at Bandar Selayang Gombak.

Our Sweet Corn will be made at Lot FK06, Giant Hypermarket Batu Cave, Lot 10243
Jalan Batu Cave, Bandar Selayang Gombak Selangor. This place was chosen because it is
close to all the store to buy all of goods.

Sweet Corn is a partnership business, It is registered on 1st August 2022 and will
operate on 8th September 2022.We choose to open a partnership business because it can raise
more capital than a sole proprietorship because will be collected among us. Besides, this
business is easier to set up because there are not many rules and documentation required also
it can ease the burden of doing business and share expertise with other partners.

The main activity for our business is make revenue and selling our product. Besides
that, we also advertise our products through social media such as Instagram, Facebook,
WhatsApp. We choose social media as our platform to advertise and show the products
because it has a high number of users and most of our targets using social media in daily life.
1.0 INTRODUCTION
1.1 Name of Business
The name of our group’s business is Sweet Corn

1.2 Nature of Business

Business is concerned with the sale of product. Sweet Corn is a homemade food ranging
from small, traditional, family-run activities selling corn with different

1.3 Industry Profile

Businesses that want to introduce modern corns. With the passage of time so modern so
we would like to introduce something new corn in the market that can attract customers.

1.4 Location of The Business

Our location at Lot FK06, Giant Hypermarket Batu Cave, Lot 10243 Jalan Batu Cave,
Bandar Selayang Gombak Selangor and the premises is the site in a business area. It was
a strategic place to do business because the people from grocer can buy our product and
no have any competition.

1.5 Date of Commencement

Our company commence the operation on 8th September 2022

1.6 Factor in Selecting the Proposed Venture

We know many of us love corn for dessert especially in evening in addition to the
products we offer are cheese based. Nowadays, everyone has been busy focusing on their
respective careers. So, Sweet Corn who offers corn can help those out there who are busy
working but want and corn without having to make it.

1.7 Future Prospect of the Business

Our future prospect of the business is wanting our shop growth, succeed every time and
fly high. Once the business is stable, we want to open the branded to the worldwide like
to open in Singapore, Brunei and other country. As a conclusion, this business has a good
future prospect by fulfilling the needs and demand customer.
2.0 PURPOSE OF PREPARING A BUSINESS PLAN

The business plan is provided as a guide to manage our business proposals within the
sales and purchase of food products and to identify and analyse our business opportunity.
Since this is our first attempt by opened a new business company which focus more on food
products, as for that we have to prepare a business plan to help us understand the nature of the
food business and the components of a functioning company. Furthermore, in preparing this
business plan, we have listed business plan and strategies to achieve our company’s objective
and goals. This business plan also prepared in order to obtain a working capital loan from
Malayan Bank Berhad amounting up RM25,000.

3.0 BUSINESS BACKGROUND

3.1 Name of Business Sweet Corn

Lot FK06, Giant Hypermarket Batu Cave, Lot
3.2 Address (Business and
10243 Jalan Batu Cave, Bandar Selayang
Correspondence )
Gombak Selangor
011-21260117
3.3 Telephone Number
013-2172405

Fax Number 03-87370227

Email Address Sweetcornpmkl@gmail.com

3.4 Instagram Sweety_c0rn

Facebook Sweet corn

3.5 Form of Business Partnership

3.6 Main Business Activities Selling sweet food

3.7 Date of Commencement 8th September 2022

3.8 Date of Registration and Number 20th August 2022

3.9 Name of Bank Account Number MAYBANK – 164061918390

4.0 BACKGROUND OF PARTNERSHIP
4.1 Personal Particulars of Partner 1

Name of Partner Muhammad Danish Aiman Bin Umar

Identity Card Number 030619-08-0639

Permanent Address of Company Lot FK06, Giant Hypermarket Batu Cave,

Lot 10243 Jalan Batu Cave, Bandar Selayang
Gombak Selangor
Correspondence Address No 31B, Lorong Haji Khalid 2, Felcra
Semungkis, 43100 Hulu Langat, Selangor

E-Mail Address danishaiman0639@gmail.com

Telephone Number 013-2172405

Date of Birth 19 June 2003

Age 19 years old

Marital Status Single

Academic Qualification Diploma in Retail Management

Course Attended Webinar on online marketing, Shopee and

Lavada
Skills Communication skills, Leadership skills,
Customers Services skills, Teamwork skills,
Marketing skills, Good in MS word, MS
PowerPoint and MS Excel
Experience Online seller owner

Initial Capital
4.2 Personal Particulars of Partner 2

Name of Partner Noor Hawa Intan Sofia Binti Zulhisham

Identity Card Number 030526-08-0306

Permanent Address of Company Lot FK06, Giant Hypermarket Batu Cave,

Lot 10243 Jalan Batu Cave, Bandar Selayang
Gombak Selangor
Correspondence Address No 28, Jalan U19/1 Taman Sri Buloh , 47000
Sungai Buloh , Selangor Darul Ehsan

E-Mail Address hawaintn@gmail.com

Telephone Number 011-21260117

Date of Birth 26 May 2003

Age 19 years old

Marital Status Single

Academic Qualification Diploma in Retail Management

Course Attended Webinar on online marketing, Shopee and

Lavada
Skills Customer Services skills, Teamwork skill,
Computer Skill

Experience Basic Microsoft Office

Initial Capital
4.3 Personal Particulars of Partner 3

Name of Partner Nur Khalisah Binti Arifin

Identity Card Number 020128-01-0418

Permanent Address of Company Lot FK06, Giant Hypermarket Batu Cave,

Lot 10243 Jalan Batu Cave, Bandar Selayang
Gombak Selangor
Correspondence Address B8, Rumah Petugas Logi Kompos Kilang
Sawit Maokil, 85300 Labis , Johor

E-Mail Address nurkhlisah811@gmail.com

Telephone Number 011-10596170

Date of Birth 28 January 2002

Age 20 years old

Marital Status Single

Academic Qualification Diploma in Retail Management

Course Attended Webinar on Update Yourself, Online

Marketing,Usahawan Muda
Skills Teamwork, could solve issue quickly and
effectively, understand what customer say
and also what they feel
Experience Customer Services skills, Good in Ms word,
Ms PowerPoint and Ms Excel

Initial Capital
4.4 Personal Particulars of Partner 4

Name of Partner Muhammad Haikal Iskandar Bin Rohalin

Identity Card Number 031224-14-0275

Permanent Address of Company Lot FK06, Giant Hypermarket Batu Cave,

Lot 10243 Jalan Batu Cave, Bandar Selayang
Gombak Selangor
Correspondence Address Block G-13-9 PPR Sg Bonus Air Jernih
Persiaran 54B Setapak 53300 Kuala Lumpur

E-Mail Address haikalhalim0342@gmail.com

Telephone Number 011-55856920

Date of Birth 24 December 2003

Age 19 years old

Marital Status Single

Academic Qualification Diploma in Retail Management

Course Attended Webinar on Update Yourself, Online

Marketing,Usahawan Muda
Skills Customer Services skills, Good in Ms word,
Ms PowerPoint and Ms Excel
Experience Sales Assistant in F&B

Intial Capital
5.0 BACKGROUND OF BUSINESS

5.1 Physical Location

Sweet Corn is located at Lot FK06, Giant Hypermarket Batu Cave, Lot 10243 Jalan Batu
Cave, Bandar Selayang Gombak Selangor and the premises is the site in a business area.

5.2 Price of Premise

Expenses for the rent cost about RM 1800 per month.

5.3 Distance from Sources of Raw Material

We get the raw materials from suppliers near our premise area. Our main supplier is Giant
Batu Cave. We find a good supplier to get a fresh raw material such as salt, corn, butter,
evaporated milk, condensed milk and so on. The suppliers always guarantee that the materials
are not faulty.

5.4 Availability of Manpower

Since the business required some workers, our sweet corn business looking for innovative
and skilled workers in making sweet corn to maintain the number of employees and can
further develop the sweet corn business.

5.5 Transportation Facilities

Customers can search our Sweet Corn at Facebook or in Instagram or can call and personal
massage with given number phone us if they need any help and we will be at their place to
provide the service. Our business also provides charge of delivery (COD).

5.6 Distance from customers

Our shop is located 100 meters from CIMB bank. Our shop is potential place that easy to
customers come to our shop.

5.7 Basic Amenities (Electrical, Water and Telephone Facilities )

Our shop is completed with water and electricity supplies, internet connection, telephones
lines and some equipment’s. By having these provided to us the business will run smoothly.
6.0 ORGANISATION/MANAGEMENT/ADMINISTRATION PLAN

6.1 Here are Sweet Corn:

6.1.1 Logo

6.1.2 Vision

To be regarded as the preferred food supplier in all of our target areas because of our
dedication to food quality, safety, and affordability.

6.1.3 Mission

To ensure compliance with halal and food safety good practices in all our operation, able to
be responsive towards our customer needs ensure customer satisfaction. Other than that, we
also wanted to provide a conductive work environment that enables our staff to perform at
their best and wanted to be cost efficient in everything we do in order achieve consistent
industry leading profitability which enables continuous sustainable growth.

6.1.4 Objective

a) To meet the demands of our target market and advance the objectives of our business.
b) To offer high-quality goods and services at the most reasonable and competitive costs.
c) To promote our items to the world's markets.
d) Providing a management team and full support to the precise and disciplined individuals
is necessary to ensure that operational operations are carried out successfully.
 6.2 Organization Structure

Organization Chart that Sweet Corn uses are Organizational structure based on functions in the
organization.

DIRECTOR
En Muhammad Danish
Aiman Bin Umar

OPERATING MANAGER
FINANCIAL MANAGER MARKETING MANAGER
En Muhammad Haikal
Pn Noor Hawa Intan Sofia Pn Nur Khalisah Binti Ariffin
Iskandar Bin Rohalin
Binti Zulhisham

STAFF STAFF STAFF

Rahadiah Jafar Syafiq Islam Syafiqah Halim

Chart 6.2 Sweet Corn Organization Chart

6.3 Manpower Planning

Sweetcorn has four partners and they operation manage the business as shown in table below.
This Sweetcorn manpower planning listed as below:

Position Number of Personnel

Director 1

Financial Manager 1

Operation Manager 1

Marketing Manager 1

Staff 3

Total 7

Table 6.3 Position and Number of personal in Sweet Corn

6.4 Schedule of Task and Responsibilities
Every role has distinct responsibilities in order to govern the organisation effectively.
Employees in those positions are essential to the organization's achievement of its objectives
and goals. Therefore, it's crucial for employees to understand their roles and obligations and
to carry them out.

Position Duties and responsibility

Director  Manage daily business operation.

Financial Manager  Evaluate business’s perfomance and
productivity.
 Handle financial reports.
 Prepare and maintain monthly annual
cash flow and income statements.
Operating Manager  Ensure all operations are carried on in
an appropriate, cost effective way.
 Improve operational management
systems, processes and best practices.
Marketing Manager  Increasing the product awareness and
market share.
 Promote the product and service of
business to customer.
 Developing new tactics to achieve a
place in the market.
Staff  To order from customer.
 Maintain the stock of products.
 Post the products to customer.
 Giving the idea in business.
 Participate in all the activities that in
business.

Table 6.4 Schedule of Task and Responsibilities

6.5 Remuneration Plan

For our company, we choose EPF scheme to be given to all employees. Table below illustrate
the remuneration plan for each employee in SWEETCORN.

Salary Allowance EPF SOCSO TOTAL

Position No
(RM) (RM) (RM) (RM) (RM)
Director 1 2,800.00 300.00 3,100.00

Financial Manager 1 1,800.00 200.00 198.00 36.00 2,034.00

Operating Manager 1 1,800.00 200.00 198.00 36.00 2,034.00

Marketing Manager 1 1,800.00 200.00 198.00 36.00 2,034.00

Staff 3 4,500.00 300.00 4,800.00

(1,500.00 x 3) (100.00 x 3)
TOTAL 11,800.00 1,200.00 594.00 108.00 13,702.00
Table 6.5 Remuneration Plan
6.5.1 Salary

Wages or basic salary will be paid in cash as stated in the employment contract. Wages will
be paid once a month to employees and payments will be made at the end of the month. The
salaries will be debited to their accounts on the 30 th of each month. Management determines
any increase in salary.Salaries will be given to all employees based on their qualifications
and work experience.

6.5.2 EPF and SOCSO Contributions

11% of EPF contributions will be deducted from the salaries of all employees. The company
will also contribute to SOCSO which is 2% of the employee's basic salary.

6.5.3 Working hours

Every employee working at Sweet Corn must work for 9 hours a day, starting from 9 am to 6
pm every day except Sunday. Lunch time is from 1.00 pm to 2.00 pm.

6.5.4 Medical allowance

Medical allowance will be given in case of illness.

6.5.5 Maternity allowance

Female employees are entitled to 60 days maternity leave for each period of confinement.

6.5.6 Insurance

Insurance coverage will be provided to all employees, premises, transport and buildings
purchased or rented.

6.5.7 Bonus

Bonuses will be paid depending on the performance of the employees.

6.5.8 Compensation and benefits to employees

Compensation and benefit are provided to employees to improve their performance and job
satisfaction.

6.5.10 Holidays

All employees are entitling to at least two days off on Monday and Sundays each week
6.6 List of Office Equipment
Sweet Corn has bought office equipment as listed in Table Business Plan below.
No Types of equipment Quantity Price per unit Total amount
(RM) (RM)
1 Furniture 1 set 1,200.00 1,200.00
2 Sign Board 1 500.00 500.00
3 Cabinet display/display storage 2 700.00 1,400.00

4 PC 1 2,000.00 2,000.00
5 Stationery 1 set 200.00 200.00
6 Freezer 1 1,000.00 1,000.00
TOTAL 6,300.00
Table 6.6 List of equipment

6.7 List of raw Material

Sweet Corn has bought raw materials listed in Table Business Plan Below.
No Types of equipment Quantity Price per unit Total amount
(RM) (RM)
1 Corn (10 kg) 20 50.00 1000.00
2 Chocolate Bar (1kg) 50 15.00 750.00
3 Caramel (1kg) 50 15.00 750.00
4 Butter (4.8kg) 2 78.00 156.00
5 Salt (1kg) 2 5.00 10.00
6 Flour (10kg) 6 25.00 150.00
7 Cordial 50 10.00 500.00
TOTAL 3,316.00
Table 6.7 List of equipment
6.8 List of Materials
Sweet Corn has bought materials listed in listed in Table Business Plan below.

No Types of equipment Quantity Price per unit Total amount

(RM) (RM)
1 Stainless steel corn steamer 1 500.00 500.00
2 Industrial Popcorn Maker 1 1,000.00 1,000.00
Waffles Electric machines 1 1,900.00 1,900.00
3 Ziplock Bag (1 box= 100 pieces) 2 50.00 100.00

4 Gas tank 1 36.00 36.00

5 Stove 2 150.00 150.00
6 Non-stick pot 4 75.00 150.00
7 Stainless Ladle 4 25.00 100.00
8 Sealing Machine Stainless Steel 1 50.00 50.00
9 Hand Towel 3 10.00 30.00
10 CCTV 2 800.00 1,600.00
TOTAL 5,616.00
Table 6.8 List of Material
6.9 Administrative Budget

Administrative expenditure

RM RM

Fixed assets/ capital expenditure

Working capital/ monthly expenditure

Manager Salary 2,800.00

Worker’s salary 9,900.00

EPF 594.00

SOCSO 108.00

Office maintenance 200.00

Office supplies 100.00

Rental 1,800.00

Water bill 100.00

Electricity bill 200.00

Telephone/fax 100.00

Transportation 100.00

16,002.00

Other expenditures

Clerical and promotion 150.00

150.00

TOTAL 16,152.00
7.0 MARKERTING PLAN

7.1 Description of products

Table below describes the products and services offered by Sweet Corn and the price or rate
of each product or services.

No Item Price (RM)

1 Sweet Corn RM 4.00

2 Waffle Chocolate RM 7.00
3 Popcorn Caramel RM 18.00
S4 Fresh orange juice RM 6.00
5 Corn juice RM 6.00
Table 7.1 Description of product

Product Description

Features  Sweet Corn is a local product and muslim friendly and

with Muslim made logo
 We stand with our nation to use biodegradable paper bag with
unique designs to spread awareness regarding the harms of
plastic.
Materials  Corn
 Chocolate Bar
 Caramel
 Butter
 Salt
 Flour
 Cordial
Benefit  Working age customers can eat our foods because of the short
time taken to be prepared.
 Reduce stress
 There are many vitamins in corn such as Vitamin C and
Vitamin E
Product Sweet Corn

 This is the Sweet Corn, it contains a corn with milk and it’s
very sweet
 Sweet corn will be soft and delicious to eat.
 The price for Sweet Corn is RM 4.00
Popcorn Caramel

 This is Popcorn Caramel, it contains a popcorn

with caramel as flavour
 Popcorn will be crunchy as we seal the packaging
 The price for Popcorn Caramel is RM18

Waffle Choclate

 This is Waffle Chocolate, it contains a waffle with dark

chocolate syrup as flavour
 The price for waffle chocolate is RM 7
Beverages Beverages

 For beverages our business will serve Fresh orange juice and
Corn juice.
 After dig in with our food, the customers can enjoy drinks
from our shop.
 The price for beverages is RM6 per cup.
7.2 Target Market

Who are the target customers of the company?

The population in Batu cave is 250,000 in 2022.Our main target customers only cover 35% of
the population. 20% of them are the adult which are our main target Customers and other
would be teenagers with 15% of the community, For the market segment, our customers are
in demographic segment which means we will focus on their ages, genders, occupations and
families who have children and the eldest.

7.3 Market size

There are two major market segment within this target area.The first segment consists of the
developers around Batu Cave, Selangor. Second segment around Klang Valley, Kuala
Lumpur.

Area that we serve:

i. Batu cave
ii. Selayang
iii. Gombak
iv. Klang
v. Cheras
vi. Sungai Buloh
vii. Setiawangsa

The whole segment consists of 200 to 300 office workers, student and house owners which
include terrace house, flat semi-detached house, condominium and other, A survey showed
that the whole segment make purchase above RM100 each month. We estimated the potential
sales for the year above RM1,200. All the data was obtained using two methods. Firstly, we
made an observation of the market size of the business. Secondly, we used questionnaires to
get some information in order to build our marketing plan.
7.3.1 Population table
7.3.2 Table of population in Batu Caves
No. Product Price Total per
Population Estimation Frequency
Population (RM) month (RM)
Working Age 200,000 20% X 200,000 2 10.20 816,000
(23 – 55) = 40,000
Teenagers 50,000 15% X 50,000 1 10.20 76,500
(12-22) = 7,500
TOTAL (Month) 892,500.00

7.3.3 Total market size

Total market size per month = RM892,500 per month
Total market size per year = RM 892,500 X 12 months
= RM 10,710,000
7.4 Competitors
Relateed to these competitors is very important also for a company, and that is why we from
Sweet Corn need to identify each of our exiting competitors. Competitors means the business
of a company that sells and provides the same services as our company. From our research
we have identified several companies that are our competitors, among them Snax@Giant,
eng’s Popcorn Batu Cave, Daily Fresh.

Competitors Product Strength Weakness

Snax@Giant Sweet Corn, Waffle Good promotion Only have one
Chocolate skill in social media flavoured for waffle
Giant Hypermarket and delivery.
Batu Caves, 10243, The price for one
Jalan Batu Caves, cup sweet corn is to
Taman Samudra, expensive
68100 Batu Caves,
Selangor
Daily Fresh Sweet Corn, Waffle The price is low for The cup of
chocolate, Waffle combo buying sweet corn is too
B23 & B24, Ground Butter Kaya, small
Floor, Giant Popcorn
Hypermarket Batu The popcorn is not
Caves, Lot No, Lot fully coated in
10243, Jalan Batu caramel.
Caves, 68100 Batu
Caves, Selangor
Eng’ Popcorn Batu Caramel Popcorn Good promotion Offered one type of
Caves skills through social flavoured popcorn
media only.
29, Jalan 2a/4,
Taman Bandar Baru
Selayang Fasa 2a,
68100 Batu Caves,
Selangor
Table 7.4 Competitors strength and weakness
7.5 Market Share
Sweet Corn is specializing in the food industry. Located in Lot FK06, Giant Hypermarket
Batu Cave, Lot 10243 Jalan Batu Cave, Bandar Selayang Gombak Selangor. We are targeting
this product market moderately before going to a larger level in the future.

No. Name Percentage Value

1 Snax@Giant 50% RM 5,355,000
2 Daily fresh 30% RM 3,213,000
3 Eng’s Popcorn Batu Caves 20% RM 2,142,000
Total 100% RM 10,710,000

Market Share

Snax@Giant 50% Daily Fresh Eng's Popcorn Batu Caves

Market Share Before Entry Sweet Corn

No. Name Percentage Value
1 Snax@Giant 49% RM 5,247,900
2 Daily fresh 28% RM 2,998,800
3 Eng’s Popcorn Batu Caves 18% RM 1,927,800
4 Sweet Corn 5% RM 535,500
Total 100% RM 10,710,000

Market Share

Snax@Giant 50% Daily Fresh Eng's Popcorn Batu Caves Sweet Corn

Market Share After Entry Sweet Corn

7.6 Sales Forecast

Our sales forecast for tree years is shown below.

Month Sales Forecast For Three Years (RM)

First Year Second Year Third Year
January - RM 107,100 RM 107,100
February - RM 76,500 RM 107,100
March - RM 76,500 RM 107,100
April - RM 76,500 RM 107,100
May - RM 107,100 RM 107,100
June - RM 107,100 RM 133,875
July - RM 107,100 RM 133,875
August - RM 76,500 RM 133,875
September RM 133,875 RM 76,500 RM 133,875
October RM 133,875 RM 76,500 RM 178,500
November RM 133,875 RM 76,500 RM 178,500
December RM 133,875 RM 107,100 RM 178,500
Total RM 535,500 RM 1,071,000 RM 1,606,500
Table 7.6 Sales forecast for three years

Sales forecast per month

Output per month

Average sales forecast per month= RM 133,875.00

The average sales price= RM 10.20

Number of outputs per month = RM133,875.00

10.20
= 13,125 unit of output per month
7.7 Marketing Strategy

Criteria Description

Product Strategy We make sure our product are prepared in

good condition and safely reach all our
customers

We maintain the high quality of our products

by:
 Will be made once a week to maintain
the quality of product
 For packaging, we use paper bag,
paper cup and other. to spread
awareness regarding the harms of
plastic.

Pricing Strategy  The product and service we offer are

affordable for everyone from young
to senior citizens. We want to be
perfectly competitive with all the
competitors who also produce
products that are very similar to ours
but we make sure the customers out
there are more attracted to the prices
we offer so that they buy more from
our product.

Distribution (Location Strategy)  The location of our business very

strategic because it is located near to
housing areas, offices, retail store and
so on.

Promotion strategy  Our promotion will be update using

social media such as Instagram,
WhatsApp, Facebook, and Telegram
to convenient our customer because
most likely people right now trend to
use and buy something through social
media. Other than that, we also
promote through face to face with
our customers.
7.8 Marketing budget
The marketing budget is mentioned as part of our administrative expenditure as shown in
Table 6.6

Items Fixed assets Working Capital Other Expenses

(RM) (RM) (RM)
Fixed assets

Furniture 1,200.00

Sign Board 500.00

Cabinet/Storage 1,400.00
Display
PC 2,000.00

Stationery 200.00

Freezer 1,000.00

Working Capital

Sales Promotion 250.00

Other Expenses

Yearly

License for 300.00

signboard
Publicity 200.00

Instagram 300.00

Facebook 100.00
Advertisement
One time

Opening Ceremony 2,100.00

Total RM 6,300.00 RM250.00 RM3,000.00

7.9 Social Media Marketing

To survive in a competitive market, you need to be aware of new trends in your industry. In
this era, consumers always with their phone. Sweet corn takes this opportunity to expand the
business by social media

Sweet corn uses 2 platforms of social media which are Instagram and Facebook. Sweet corn
always update about the product, promotion, business hour, location for Sweet Corn
psychical store and also link for order. Social media could make customers easier to find us
and also make an order for the product.

7.9.1 Instagram
7.9.2 Facebook
8.0 OPERATIONAL PLAN

Operational objectives are limited, short-term goals designed to bring an organisation

closer to the accomplishment of its long-term, overarching objectives. Our goals are to
deliver high-quality service to satisfy customers and improve the effectiveness and efficiency
of our performance.

First and foremost, our company's primary goals are to satisfy customers by offering
high-quality services. Since clients are the source of our income, maintaining customer
happiness is essential to our firm. If they are pleased with our services, we may win their
confidence and they will quickly start using our services frequently, which is advantageous to
us.

Finally, it is to improve our performance's efficacy and efficiency. Since we do not

have any workers, we all put our all to the work we have to perform in order to increase our
efficiency. On the other hand, to improve the effectiveness of our performance, we will allow
our clients assess our work and solicit their opinions regarding whether we are providing the
greatest service for their meals.

8.1 Operational Objectives

The objectives of our operating plan are as follows:

a) Ensure that our business journey always runs smoothly.

b) To increase customer happiness and satisfy their demands by offering prompt service,
high- quality products, and affordable prices.

c) To ensure reliability and stability in our services and production.

d) To guarantee that the criteria for product quality, pricing, and services are met.

e) To make sure our company is successful and lucrative.

8.2 Business Hours

Our business is open 9 hours a day, we are starting from 9:00am until 6.00pm every Monday
to Saturday. Sunday will be the off day for our shop.

8.3 Operational Layout

8.4 Operational process

Received raw material from the supplier

Process of making

Weight and packing

Production planning

Sorting on a shelf

Customer enters the premises

Customer makes a choice

Customer made payment

Figure 8.4.1: process flow chart in Sweet Corn

 How to make sweet corn

1. Steam corn until

cooked.

2. Once the corn is cooked,

put it in a suitable
container.

3. Add butter, condensed

milk, liquid milk and a
little salt.

4. Mix until well

combined.

5. Ready to serve.

6. Good to eat while still.

Figure 8.4.2: process flow chart in How to make Sweet Corn

 How to make popcorn caramel

Line your baking sheets with parchment paper or a

silicone baking mat. You will regret it at clean-up
time if you skip this step! You can also spray the
baking sheets with cooking spray for added clean-
up ease. Then, mix together butter, brown sugar,
and salt.

Boil for 4 minutes, stirring occasionally with a

silicone spatula, to cook the brown sugar into a
caramel.

Stir in some vanilla extract.

Stir in baking soda and cook for 1 minute.

By now, the caramel should look very fluffy. Remove it

from the heat.
Drizzle the caramel over the popcorn, and stir to coat all
the pieces. Spread the caramel popcorn over your (lined!)
baking sheets in a single layer to cool and crisp up.

Figure 8.4.3: process flow chart in How to make Popcorn caramel

 How to make fresh orange juice

Prepare your oranges for blending.

Pulse a few times to break up the oranges.

Taste test the juice.

Run the blender again.

Let sit for a few minutes to settle, then serve!

Figure 8.4.4: process flow chart in How to make Fresh Orange Juice
 How to make corn juice

The first thing you need to do is cut off the kernels

from the cob. While doing that, you need to be very
careful because you can cut yourself very easily.

The next step is putting the kernels into the machine.

If your masticating juicer is durable and made from
quality materials, you can even juice the whole, fully
matured corn with cob. Consider cutting it into smaller
pieces not to clog the juicer.

The last step is enjoying your freshly made corn

juice!

Figure 8.4.5: process flow chart in How to make Corn Juice

 How to make waffle chocolate

Step 1 Mix the ingredients

To make this delicious recipe, take a deep mixing bowl and
combine egg yolk, milk, all-purpose flour, unsweetened cocoa
powder, and baking powder along with butter. Mix well until
smooth.

Step 2 Beat the eggs

Now, beat the egg white until stiff peaks form and then add the
brown sugar to it and mix well.

Step 3 Make waffles

In the meantime, heat a waffle maker and pour the batter onto
the waffle iron structure.

Step 4 Garnish and serve

Bake it for 20-25 minutes. Allow it to rest for a while when baked
and then remove. Garnish with icing sugar and chocolate syrup on
top. Serve immediately.

Figure 8.4.6: process flow chart in How to make Waffle Chocolate

8.5 Amenities and Facilities
Premises Sweetcorn Enterprise has all the facilities such as water supply, electricity supply,
product making equipment, telephone and company equipment. The kiosk is in a shopping
mall in a strategic zone or place where facilities are available.

8.6 Permanent Assets and Required item.

The permanent assets and required items of Sweetcorn are shown in the table below:
No Types of equipment Quantity Price per unit Total amount
(RM) (RM)
1 Furniture 1 set 1,200.00 1,200.00
2 Sign Board 1 500.00 500.00
3 Cabinet display/display 2 700.00 1,400.00
storage
4 Pc 1 2,000.00 2,000.00
5 Stationery 1 set 200.00 200.00
6 Freezer 1 1,000.00 1,000.00
7 Stainless steel corn steamer 1 500.00 500.00
8 Industrial Popcorn Maker 1 1,000.00 1,000.00
9 Waffles Electric machines 1 1,900.00 1,900.00
10 Ziplock Bag (1 box= 100 2 50.00 100.00
pieces)
11 Gas tank 1 36.00 36.00
12 Stove 1 150.00 150.00
13 Non-stick pot 2 75.00 150.00
14 Stainless Ladle 4 25.00 100.00
15 Sealing Machine Stainless 1 50.00 50.00
Steel
16 Hand Towel 3 10.00 30.00
17 CCTV 2 800.00 1,600.00
TOTAL 11,916.00
Table 8.6 Permanent Assets and Required item
8.7 Estimation of Purchase for Three Years
The estimation in the table below covers all stock for Sweetcorn
Month / Year Year 1 Year 2 Year 3 TOTAL
(RM) (RM) (RM)
January - 5,046.00 9,000.00 14,046.00
February - 5,046.00 9,000.00 14,046.00
March - 5,046.00 9,000.00 14,046.00
April - 6,000.00 9,000.00 15,000.00
May - 6,000.00 10,000.00 16,000.00
June - 6,500.00 10,000.00 16,500.00
July - 6,500.00 10,000.00 16,500.00
August - 7,500.00 10,000.00 17,500.00
September 5,046.00 7,500.00 10,500.00 22,546.00
October 5,046.00 8,000.00 10,500.00 23,046.00
November 5,046.00 8,000.00 10,500.00 23,046.00
December 5,046.00 8,000.00 10,500.00 23,046.00
TOTAL 20,184.00 79,138.00 118,000.00 271,322.00
Table 8.7 Sweetcorn estimated of Purchase for Three Years

8.8 List of Raw Materials, Quantity and Cost for a month

No Types of equipment Quantity Price per unit Total amount

(RM) (RM)
1 Corn (10 kg) 20 50.00 1000.00
2 Chocolate Bar (1kg) 50 15.00 750.00
3 Caramel (1kg) 50 15.00 750.00
4 Butter (1kg) 2 78.00 156.00
5 salt (1kg) 2 5.00 10.00
6 Flour (10kg) 50 50.00 150.00
7 Cordial 50 10.00 500.00
8 Jar (1000 Pcs) 1.00 1000.00
9 Spoon (1000 Pcs) 0.60 600.00
10 Others - 130.00 130.00
TOTAL 5,046.00
Table 8.8 Quantity and cost of raw material per month
8.9 Material Supplier

Type of Mode of
No. Name and address
material Payment
1 Giant Hypermarket Batu Caves Raw material Cash
10243, Jalan Batu Caves, Gombak,
68100 Batu Caves, Selangor
2 Tauke Plastic Shop Material Cash
Lot 2345, c-5 batu 6 3, 4 simpang tiga, (Plastic)
68100 Batu Caves, Selangor
3 Segar Gas Trading Gas Cash
66, Jalan Samudra Barat 1, Taman
Samudra Industrial Park, Batu Caves,
68100, Batu Caves, Selangor, 68100
9.0 FINANCIAL PLAN

Financial plan is important for the success of our company which can help:

 Helps in reducing the uncertainties which can be a hindrance to the growth of Sweet
Corn company.
 Ensuring a reasonable balance between the outflow and inflow of funds of Sweet
Corn so that stability is maintained.
 Helps in making growth and expansion programmes which helps in long- run survival
of Sweet Corn.

Our main objectives are:

I. Helps in Operational Activities

The success or failure of production and distribution function of business depends upon the
financial decisions as right decision ensures smooth flow of finance and smooth operation of
production and distribution.

II. Base for Finance Control

Financial planning acts as basis for checking the financial activities by comparing the actual
revenue with estimated revenue and actual cost with estimated cost.

III. It Link Present with The Future

Financial planning relates present financial requirement with future requirement by

anticipating the sales and growth plans of the company.
9.1 Project Implementation cost schedule and source of finance

PROJECT IMPLEMENTATION COST SCHEDULE AND SOURCE OF FINANCE

Project Implementation Cost Suggested Source Of Finance
Requitement Cost Loan Hire Own Contribution
(RM) (RM) Purchase Cash Exiting
assets
Fixed assets 25,000.00 4,468.00
Furniture 1,200.00
Signboard 500.00
Office equipment 3,600.00
Kitchen 2,066.00
Equipment
Machines 2,950.00
CCTV 1,600.00
11,916.00
Working Capital
16,152.00
(Per month)
Other Expenses
Registration 500.00
Deposit 900.00
29,468.00 29,468.00
Table 9.1 Project Implementation cost schedule and source of finance
9.2 Pro Forma Cash Flow and Financial Statement

Table 9.2.1 Pro Forma Cash Flow Statement For First Year
Table 9.2.2 Pro Forma Cash Flow Statement For Second Year
Table 9.2.3 Pro Forma Cash Flow Statement For Third Year
 YEAR YEAR 1 YEAR 2 YEAR 3
CASH INFLOW
Owner's Capital (cash) 4,468.00 - -
MAYBANK Loan 25,000.00 - -
Cash sales 535,500.00 1,071,000.00 1,606,500.00
Total Cash Inflow 564,968.00 1,071,000.00 1,606,500.00
Cash Payment
Administrative
Expenses
Permanent Assets 11,916.00 - -
Manager salary 14,000.00 33,600.00 33,600.00
Worker’s salary 49,500.00 118,800.00 118,800.00
EPF 2,970.00 7,128.00 7,128.00
SOCSO 540.00 1,296.00 1,296.00
Office maintenance 1,000.00 2,400.00 2,400.00
Office supplies 500.00 1,200.00 1,200.00
Rental 9,000.00 21,600.00 21,600.00
Water bill 500.00 1,200.00 1,200.00
Electricity bill 1,000.00 2,400.00 2,400.00
Telephone/fax 500.00 1,200.00 1,200.00
Transportation 500.00 1,200.00 1,200.00
Makerting Expenses
Promotion 1,250.00 3,000.00 3,000.00
Other expenses 3,000.00 3,000.00 3,000.00
Operational Expenses
Other Material 650.00 1,560.00 1,560.00
Registration 500.00 - -
Deposit 900.00 - -
Loan Repayment
Principals 832.00 2,496.00 2,496.00
Interest 416.00 1,248.00 1,248.00
Total Cash Outflow 99,474.00 203,328.00 203,328.00
Excess/Deficit 465,494.00 867,624.00 1,403,172.00
Opening Balance - - -
Final Balance 465,494.00 867,624.00 1,403,172.00

Table 9.2.4 Pro Forma Cash Flow Statement For Three Consecutive Year
9.3 Pro Forma Statement of Profit or Loss

SWEET CORN
PRO FORM STATEMENT OF PROFIT OR LOSS FOR THE FIRST YEAR
31 DECEMBER 2022
RM RM
Sales 535,500.00
Less: Cost of sales (good sales)
Opening Stock -
Purchases 20,184.00
Good available for sales
Less: Closing stock (1,500.00)
Gross profit 513,816.00
Less: Manager salary 14,000.00
Worker’s salary 49,500.00
EPF 2,970.00
SOCSO 540.00
Office maintenance 1,000.00
Office supplies 500.00
Rental 9,000.00
Water bill 500.00
Electricity bill 1,000.00
Telephone/fax 500.00
Transportation 500.00 79,510.00
Marketing Expenditure
Promotion 1,250.00
Operational Expenditure
-
Financial expenditure
Diminishment 832.00
Payment Interest 416.00
Other Expenditure
Registration 500
TOTAL OPERATING EXPENSES 82,508.00
TOTAL NET PROFIT/LOSS BEFORE TAX 430,678.00
Table 9.3.1 Pro Forma Statement of Profit or Loss for The First Year
 SWEET CORN
PRO FORM STATEMENT OF PROFIT OR LOSS FOR THE SECOND YEAR
31 DECEMBER 2023
RM RM
Sales 1,071,000.00
Less: Cost of sales (good sales)
Opening Stock 1,500.00
Purchases 79,138.00
Good available for sales
Less: Closing stock 2,600.00
Gross profit 987,762.00
Less: Manager salary 33,600.00
Worker’s salary 118,800.00
EPF 7,128.00
SOCSO 1,296.00
Office maintenance 2,400.00
Office supplies 1,200.00
Rental 21,600.00
Water bill 1,200.00
Electricity bill 2,400.00
Telephone/fax 1,200.00
Transportation 1,200.00 192,024.00
Marketing Expenditure
Promotion 3,000.00
Operational Expenditure
-
Financial expenditure
Diminishment 2,496.00
Payment Interest 1,248.00
Other Expenditure
Registration 500
TOTAL OPERATING EXPENSES 199,268.00
TOTAL NET PROFIT/LOSS BEFORE TAX 788,494.00
Table 9.3.2 Pro Forma Statement of Profit or Loss for The Second Year
 SWEET CORN
PRO FORM STATEMENT OF PROFIT OR LOSS FOR THE THIRD YEAR
31 DECEMBER 2024
RM RM
Sales 1,606,500.00
Less: Cost of sales (good sales)
Opening Stock 2,600.00
Purchases 118,000.00
Good available for sales
Less: Closing stock 3,700.00
Gross profit 1,482,200.00
Less: Manager salsry 33,600.00
Worker’s salary 118,800.00
EPF 7,128.00
SOCSO 1,296.00
Office maintenance 2,400.00
Office supplies 1,200.00
Rental 21,600.00
Water bill 1,200.00
Electricity bill 2,400.00
Telephone/fax 1,200.00
Transportation 1,200.00 192,024.00
Marketing Expenditure
Promotion 3,000.00
Operational Expenditure
-
Financial expenditure
Diminishment 2,496.00
Payment Interest 1,248.00
Other Expenditure
Registration 500
TOTAL OPERATING EXPENSES 199,268.00
TOTAL NET PROFIT/LOSS BEFORE TAX 1,282,932.00
Table 9.3.3 Pro Forma Statement of Profit or Loss for The Third Year
 SWEET CORN
PRO FORM STATEMENT OF PROFIT OR LOSS FOR THE THREE CONSECUTIVE
YEAR
YEARS 2022 2023 2024
Sales 535,500.00 1,071,000.00 1,606,500.00
Less: Cost of sales (good sales)
Opening Stock - 1,500.00 2,600.00
Purchases 20,184.00 79,138.00 118,000.00
Good available for sales
Less: Closing stock (1,500.00) 2,600.00 3,700.00
Gross profit 513,816.00 987,762.00 1,482,200.00
Less: Manager salary 14,000.00 33,600.00 33,600.00
Worker’s salary 49,500.00 118,800.00 118,800.00
EPF 2,970.00 7,128.00 7,128.00
SOCSO 540.00 1,296.00 1,296.00
Office maintenance 1,000.00 2,400.00 2,400.00
Office supplies 500.00 1,200.00 1,200.00
Rental 9,000.00 21,600.00 21,600.00
Water bill 500.00 1,200.00 1,200.00
Electricity bill 1,000.00 2,400.00 2,400.00
Telephone/fax 500.00 1,200.00 1,200.00
Transportation 500.00 1,200.00 1,200.00
Marketing Expenditure
Promotion 3,000.00 3,000.00 3,000.00
Operational Expenditure
- - -
Financial expenditure
Diminishment 832.00 2,496.00 2,496.00
Payment Interest 416.00 1,248.00 1,248.00
Other Expenditure
Registration 500 500 500
TOTAL OPERATING EXPENSES 199,316.00 199,268.00 199,268.00

TOTAL NET PROFIT/LOSS 430,678.00 788,494.00 1,282,932.00

BEFORE TAX
Table 9.3.4 Pro Form Statement Of Profit Or Loss For The Three Consecutive Year
9.4 Pro Forma Statement of Financial Position

SWEET CORN
PRO FORMA STATEMENT OF FINANCIAL POSITION FOR FIRST YEAR
YEAR 2022
ASSETS
Fixed assets (non-Current Assets) 11,916.00
Furniture
Signboard
Office equipment
Kitchen Equipment
Machines
CCTV
Current Assets
Cash in hand and bank 447,330.00
Other Assets
Deposit 900.00
TOTAL ASSETS 460,146.00
Owner’s Equity
Capital 4,468.00
Accumulated profit 430,678.00
Long-term liabilities
Loan 25,000.00
Current liabilities
Account payable
Revenue
TOTAL EQUITY & LIABILITIES 460,146.00
Table 9.4.1 Pro Forma Statement Of Financial Position For The First Year
 SWEET CORN
PRO FORMA STATEMENT OF FINANCIAL POSITION FOR SECOND YEAR
YEAR 2023
ASSETS
Fixed assets (non-Current Assets) 11,916.00
Furniture
Signboard
Office equipment
Kitchen Equipment
Machines
CCTV
Current Assets
Cash in hand and bank 805,146.00
Other Assets
Deposit 900.00
TOTAL ASSETS 817,962.00
Owner’s Equity
Capital 4,468.00
Accumulated profit 788,494.00
Long-term liabilities
Loan 25,000.00
Current liabilities
Account payable
Revenue
TOTAL EQUITY & LIABILITIES 817,962.00
Table 9.4.2 Pro Forma Statement Of Financial Position For The Second Year
 SWEET CORN
PRO FORMA STATEMENT OF FINANCIAL POSITION FOR THIRD YEAR
YEAR 2024
ASSETS
Fixed assets (non-Current Assets) 11,916.00
Furniture
Signboard
Office equipment
Kitchen Equipment
Machines
CCTV
Current Assets
Cash in hand and bank 1,299,584.00
Other Assets
Deposit 900.00
TOTAL ASSETS 1,312,400.00
Owner’s Equity
Capital 4,468.00
Accumulated profit 1,282,932.00
Long-term liabilities
Loan 25,000.00
Current liabilities
Account payable
Revenue
TOTAL EQUITY & LIABILITIES 1,312,400.00
Table 9.4.3 Pro Forma Statement Of Financial Position For The Third Year
 SWEET CORN
PRO FORMA STATEMENT OF FINANCIAL POSITION FOR THREE
CONSECUTIVE YEAR
YEAR 2022 2023 2024
ASSETS
Fixed assets (non-Current Assets) 11,916.00 11,916.00 11,916.00
Furniture
Signboard
Office equipment
Kitchen Equipment
Machines
CCTV
Current Assets
Cash in hand and bank 447,330.00 805,146.00 1,299,584.00
Other Assets
Deposit 900.00 900.00 900.00
TOTAL ASSETS 460,146.00 817,962.00 1,312,400.00
Owner’s Equity
Capital 4,468.00 4,468.00 4,468.00
Accumulated profit 430,678.00 788,494.00 1,282,932.00
Long-term liabilities
Loan 25,000.00 25,000.00 25,000.00
Current liabilities
Account payable
Revenue
TOTAL EQUITY & 460,146.00 817,962.00 1,312,400.00
LIABILITIES
Table 9.4.1 Pro Forma Statement Of Financial Position For The Three Consecutive Year
11.0 PROJECT IMPLEMNTATION SCHEDULE

Planning Writing Submit

(Group Discussion) (Content Power) (Binding Well)

Week 1 2 3 4 5 6 7 8 9 10 11 12 13 14

Planning

Writing

Submit
j

12.0 CONCLUTIONS

In conclusion, the determinants of the success in our company which is Sweet Corn
are influenced by internal factors and external factors, SWOT analysis is the best mechanism
in determining the key factors of our success. Efforts to further develop this Sweet Corn
business will be intensified by placing emphasis on techniques how to promote our types of
product in a more consistently ‚systematic cleanliness and integrated manner. Based on the
planning and projection of income and expenses, Sweet Corn company is very confident that
this business venture will create a satisfactory return on investment from the second year of
operation. Our business will continuously perform the business strategies, especially on the
marketing aspects to ensure that the business is well known to the customers and have own
target to build the business with loyalty and the most important can retain our customer base
in every years.
13.SUPPORT DOCUMENT

Sweet Corn Enterprise

8th September 2022