Professional Documents
Culture Documents
BUSINESS PLAN ENT530 - KUNTOM HIJAB STORE
BUSINESS PLAN ENT530 - KUNTOM HIJAB STORE
Group : KBASP4A
Page Number
Contents
Cover page i
Table of Content ii
Acknowledgment iii
List of tables iv
List of Figures v
1. Executive Summary 1
2. Company Profile 2-3
3. Environmental Industry Analysis 4-5
4. Description of venture 6-8
5. Marketing Analysis and Competition 9
5.1 Target Market
5.1.1 Customer 9
5.1.2 Geographic Segmentation 9
5.2 Market Size 10
5.2.1 Market Share and Sales for 5 Consecutive Years 10
5.3 Competition and Competitive Edges 12
5.3.1 Ranking of Competition 12
5.4 Marketing Strategy 13
5.4.1 Pricing 13
5.4.2 Sales Tactics 13
5.4.3 Service and Warranty Policy 13
5.4.4 Advertising and Promotion 14
5.4.5 Distribution 14
6. Operation / Production Plan 15 - 27
7. Organization Plan 28 - 38
8. Financial Plan 39 - 50
9. Project Milestones 51
10. Conclusion 52
11. Appendices: 53 - 56
ii
ACKNOWLEDGEMENT
We would like to express our sincere appreciation to everyone who helped us complete
this project. Dr. Law Kuan Kheng, our regarded lecturer, deserves our sincere gratitude.
Your efforts have been a great help in finishing this project. Without guidance, our project
may have been flawed and inadequate, and we might not have completed it on time.
Moreover, we would like to thank our friends for their moral guidance and support. We
discovered a lot of new thoughts while completing this task. We collaborate to finish the
project and indicate our group work. Finally, we'd like to thank everyone who assisted us
create this proposal, either formally or indirectly. We hope that this venture has achieved
its peak. Furthermore, we forecast that this project will help us earn rewards toward a
passing grade in this course, Principles of Entrepreneurship. Last but not least, we have
all worked extremely hard to complete this project. Thank you kindly.
iii
LIST OF TABLES
iv
LIST OF FIGURE
v
1. EXECUTIVE SUMMARY
We are beginning our own business as partners and have decided to create the
“Kuntom Hijab Stores”. Our major business activity is introducing a new style and
design of the hijab. Our hijab is not focusing only a square hijab but we also have a
shawl that is the length 48 and also pinless The administrative, marketing, operational,
and finance divisions are all critical to the successful functioning of our organization.
Each of us will oversee each of the departments, with one person serving as General
Manager and overseeing all departments in our company. Our office is in our shop lot
to make it easier for us to work. It is in Lot 88, Lagenda Height Sungai Petani.
We choose this location because our target customer is a Muslim student at Uitm
Merbok which the place is near our store and also a Muslim residence that mostly
covers that area. So, we are trying to look for an opportunity to get and attract the
customer. Kuntom Hijab Stores has 5 employees. Kuntom Hijab Store finances the
business by using capital provide which is 100k to start up the business and this capital
is used as capital and expenses of our business.
The vision is to want to offer a unique fashion experience for hijabista, by providing
the best material, beautiful and practical pinless hijab at the lowest price and be one
of Malaysia's top companies in exclusive hijab, offering enhanced, stylish and
comfortable, and magnificently simple designs to customers mainly from Malaysia,
Singapore, and Brunei, as well as worldwide via its strong digital presence, while the
mission is to deliver uniquely hijab to match the needs of each goddess, as each
woman has her wonderful character.
In conclusion, we hope that our Kuntom Hijab Store will help people to get beauty and
look elegant with our design and style of hijab, and of course, it will be affordable to
everyone.
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2. COMPANY PROFILE
The purpose of this business is run to fulfill the requirements of every woman while
also offering convenient and fashionable alternatives for modern Muslim women.
Kuntom Hijab is designed to cater to Muslimahs who are stylish. Best choice for casual
or formal everyday dress up while trying to remain modest and glamorous. Kuntom
word is referred to flower which refers to the wearer itself "woman" and also refers to
our floral design of hijab which is it looks elegant yet simple. The color of the logo black
and white show that our design is minimalist which underscores the power of the less-
is-more approach and also looks luxurious and sophisticated.
Our floral design is very exclusive and also shows that limiting the color palette always
makes a strong statement of the power and value of our product last but not least it
looks classic for sure which it would not run into feeling like using a color makes it look
cheap or outdated and can minimize the chance to rebrand down the line. 'Get
glammed up, Be Super trendy’, and as our mission is to always offer quality fabric, up-
to-date design, and inspired Muslim women to wear hijab easily and fast
The vision is to want to offer a unique fashion experience for hijabista, by providing
the best material, beautiful and practical pinless hijab at the lowest price and be one
of Malaysia's top companies in exclusive hijab, offering enhanced, stylish and
comfortable, and magnificently simple designs to customers mainly from Malaysia,
Singapore, and Brunei, as well as worldwide via its strong digital presence, while the
mission is to deliver uniquely hijab to match the needs of each goddess, as each
woman has her wonderful character.
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2.2 Company Background
8
3. ENVIRONMENTAL INDUSTRY ANALYSIS - overview of the industry
In this relation, our foremost operation is currently selling the Hijabs collection which
is plain and printed bawal, and shawl also have pinless bawal and batu. The price of
our product is very reasonable which is the lowest price client can get is only RM15
and the highest price is just below RM60 and it is affordable for everyone. Our goal is
to maintain the quality of the goods and services that are provided to clients and to
implement customer segments, which is essential for commercializing our product in
5 years further we target to achieve RM300,000 in sales per year.
3.2.1 Demographic
It is the process of dividing a large market down into smaller, groups of similar based
on customer buying habits. Businesses carry it out based on their customer's buying
habits, such as regularity of use, brand recognition, and one-time privileges. As you
are aware, our target market consists primarily of students, young adults, and other
work highlights of age between teens to the elder in Kedah.
9
3.2.3 Governmental Influence
A few generations ago, society was founded on the principles of individual liberty,
private property, and fair markets. Individuals have traditionally disliked government
power, but in recent times they have come to rely on the government to solve social
and economic issues. Even some business leaders have welcomed government
involvement, particularly when it is intended to assist and protect them from the actions
of other businesses. We can see government influence on business in a variety of
ways. Sometimes they act as protectors, regulatory agencies, and organizers.
3.3 Key success factors in an industry are important to know and convey
Every business must have its key success factor that is important to know and convey
to some businesses, like the Kuntom Hijab business our key success factor is that our
lead partner has a business background and this is one of our advantages to go
through in this business. Besides that, we also have experience tailoring and training
employees that help in the good of our business. Furthermore, in operation also
Kuntom Hijab are using the high-quality machine to produce the material and design
of our product.
In marketing, we use social media and also some banners to introduce and aware
people of the existence of our store and we are using 100% of our capital which is
100k to launch overall of our business.
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4. Description of venture
4.1 Opportunity
4.1.1 General Nature of the company
Kuntom Hijab Store is a company that offers soft and flowy fabric materials based in Sungai
Petani Kedah. We also offer a variety of measurement hijab 48. The demand for the hijab has
sparked a dynamic surge of creativity and some brands are household names today. Not
surprisingly, almost everyone wants a piece of the lucrative pie by having their hijab line.
Therefore, our company was called hijab in plain and print. The materials used are soft and
light cotton. The brand offers hijabs in a variety of styles, colors, sizes, and designs that strike
a balance between looking beautiful and dressing modestly. In Malaysia, the hijab is a special
dress code for Muslim women. Therefore, we want to help Muslim women out there to wear
hijabs with various styling according to current developments by creating a suitable hijab.
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Finally, our shop that is Kuntom Hijab Store has studied the manufacturing and production process of
hijab over a relatively long period. Our company wants to increase the perception of local products. We
have an incredible enrichment process for our products, and we have allowed for consistency in
producing our hijab products. We always do inspections and research on each production to ensure the
quality of the products is the same and not mistaken at all. We need to preserve the consideration and
self-belief of our clients with no issues arising. We know that an important part of the routine of wearing
hijab is not only an obligation towards Muslim women but also involves comfort and an attractive way
of styling. We as women got to beware of everything while not missing anything. Many customers who
do not have time and rushing to go to work or university, so our shawl are a favourite choice for
Our competitors are Bokitta, Sania Collection and Ariani. They have a common strength which
is a large selection of patterns, a selection of various types of fabric and a wide variety of scarf
areas. Our company’s strength is having scarf pinless. So our customer no need to buy a lot
of pin to prepare their shawl nicely. Then, every week our store will lauch new design of shawl
and bawal so our customer can choose their favourite design to buy. This is our advantages
of our company.
4.1.6 Timeliness
milestones for customer base growth (total January 2024 – 4000 customers
customer) February 2024 – 3200 customers
Mac 2024 - 3800 customers
April 2024 - 4500 customers
May 2024 - 5000 customers
June 2024 - 5500 customers
July 2024 - 5800 customers
August 2024 - 6500 customers
September 2024 - 6800 customers
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October 2024 - 7000 customers
November 2024 - 7100 customers
December 2024 - 9000 customers
The Kuntom Hijab Store is a walk-in store that sells scarves in a variety of colors. This is a
physical walk-in business run by a local brand owner. Kuntom Hijab Store is available on
several platforms online, including Facebook, Tiktok, and WhatsApp, for any inquiries or
promotions only. Furthermore, Kuntom Hijab Store customers can contact us via any of the
available platforms, based on their preferences. The Kuntom Hijab Store is a business that
operates entirely walk-in, the location of the walk-in operation takes place in Sungai Petani,
Kedah. Kuntom Hijab Store also aspires to provide customers with an exceptional and
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authentic shopping experience. We want to help our customers by offering high-quality
products at reasonable prices. Furthermore, we place a premium on our customers'
satisfaction and comfort. Therefore, our goal is to choose and sell scarves made of materials
that are comfortable and easy to shape when worn by anyone. Our lids are available in a wide
range of colors.
5.1.1 Customer
To confirm that our marketing efforts meet both client's demands and profits, we have taken
steps to identify and concentrate our efforts on a chosen set of customers. This is to guarantee
that our marketing initiatives are within our company's scope and capability. A target market
is a set of consumers who have needs and wants that may be met by a business by supplying
goods and services. Geographic and demographic criteria have been used to categorize our
market. Market segmentation is a strategy that we use to determine our target market. It is the
process of splitting and defining a broad homogeneous market into distinct parts.
In this Kuntom Hijab Store business, there are more customers in the Kedah area. Because
this hijab shop is in Sungai Petani, Kedah. Most of the customers are also from Kedah.
Customers also consist of offline customers and online customers to promote our business.
Most of the buyers of hijabs in our boutique are old and young and are interested in our hijab
designs.
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-Brunei
-Singapore
Year
Total Bawal plain – Bawal plain – Bawal plain – Bawal plain – Bawal plain –
sales in 100 unit 200 unit 100 unit 400 unit 400 unit
units Bawal corak – Bawal corak – Bawal corak – Bawal corak – Bawal corak –
150 unit 200 unit 150 unit 350 unit 400 unit
Pinless shawl – Pinless shawl Pinless shawl – Pinless shawl – Pinless shawl –
200 unit – 200 unit 400 unit 400 unit
Pinless batu – 200 unit Pinless batu – Pinless batu – Pinless batu –
200 unit Pinless batu – 200 unit 400 unit 400 unit
Shawl corak – 200 unit Shawl corak – Shawl corak – Shawl corak –
200 unit Shawl corak – 200 unit 250 unit 400 unit
200 unit
850 unit 1500 unit 1800 unit 2000 unit
1000 unit
The first of the operational strategies for Kuntom Hijab Store is customer-driven strategies. To
fulfil the requirements and aspirations of a target market offline, operational strategies should
include customer driven initiatives. To provide it, a firm must create plans that analyse and
15
adapt to changing surroundings, continually improve core skills, and continuously build new
strengths. When assessing surroundings, a firm should keep an eye on market developments
in order to acquire new possibilities and prevent potential dangers.
Second is, investing in social media by using the Facebook is the center of all digital marketing
efforts, so easy to read, and interesting, its wo not matter how much time you put into strategy
development.
The design, innovation, and added value should all be considered in product and service
development strategies. When it comes to developing new client goods, a firm might choose
to be first to market with a new product or service, wait for market innovations to improve upon
them, or wait to see whether a company’s invention is successful before moving forward.
Kuntom Hijab Store needs to identify our competitors. Competitors refer to other businesses
that offer similar products and services. This help to achieve the overall goals and analyze a
consistent customer base with continuous sales. Based on our survey there are a few
competitors for our business near our location which are Bokitta, Ariani, and Sania Collections.
The table below shows the weaknesses and strengths of our business competitors.
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Ariani More exclusive design Expensive price
shawl and bawal
A marketing strategy is a company's overall plan to reach out to potential customers and
convert them into paying customers for their goods or services. The company's value
proposition, core brand message, statistics on target consumer demographics, and other high-
level aspects are all included in a marketing plan.
5.4.1 Pricing
The pricing of our product custom is RM 15 – RM59 depending on the designs and materials
that we use to produce bawal. Compared with other Hijab Store sells at a high price, our pricing
is worth it with the use of high-quality materials. The pricing of our product is:
1)Bawal Plain – RM 15
2)Bawal Corak – RM 30
3)Pinless Shawl – RM 50
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4)Pinless Batu – RM59
5)Shawl Corak – RM35
The method that we use to promote our product is through walk-ins at our shop and online
social media such as Facebook, Tiktok, Instagram, Facebook, WhatsApp, and telegram. With
this method, we can receive more feedback and can interact with our beloved customers such
as showing video tutorial models with bawal Kuntom Hijab Store and some pictures of the
design tudung Kuntom Hijab Store.
If the product has some sort of problem, the warranty on our product is only available within 3
days after the customer makes a payment. The service we provided ensures our products are
comfortable and attractive to customers when wearing our shawl or bawal. We also do cash
delivery to customer and charges service depending on the distance of the customer's house.
Our method of advertising and promotion is by using social media for example Facebook,
Tiktok, Instagram, and WhatsApp. We can promote our product to the customers by using this
method to walk in at our shop. Customers also can recommend our product to their friends to
further promote our product.
5.4.5 Distribution
We just promote our product by posting our custom furniture on online social media such as
Facebook, Instagram, and Tiktok to maintain our product can be viral to our customers. Then
if the customer wants to buy our shawl or bawal, they just walk-in into our shop and we also
promote through flyers and face to-face and open the booth at Amanjaya Mall, Sungai Petani,
Kedah.
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Operation Plan
6.2 Objectives
The objectives of our operational plan are as follows:
• To guarantee that the operation system of the company functions smoothly in order to
maintain the quality of the goods and services that are provided to clients.
• To maximise the level of client satisfaction and live up to their expectations about our
capacity to offer timely services and goods of the highest possible quality.
• To reach a level of consistency and steadiness in both our production and our services.
• In order to guarantee that the quality of our goods and services is up to the required
requirements.
• To make certain that our company is both lucrative and successful.
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6.3 Operational Process
The operational process of our operational plan are as follows:
• The entrepreneur is going to have to engage in process planning before he can start
producing an output, whether that output is in the shape of a product or a service.
• The step-by-step procedures, from beginning to finish, that must be completed in
order to manufacture the product or provide the services will need to be mapped out
as part of this planning.
• It is the responsibility of the entrepreneur to list all of the actions that go into the
production of the product.
• The order of these actions, starting with the first one and proceeding to the last one,
will be determined by the sequence.
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Got order from clients
If damage
Call the client
Transfer to tailor
Transfer to machine
21
Deliver the client’s apparel
22
6.4 Operations Layout
23
6.5 Position and number of personnel
Position No of Personnel
Tailor 2
Promoter 2
Driver 1
TOTAL 5
24
6.6 Schedule of Task and Responsibilities
25
Driver 1. Carrying out vehicle maintenance
checks.
2. Delivering packages to customers in a
timely manner.
3. Picking up office purchases or other
administrative needs
4. Arranging for vehicle repairs when
necessary
5. Responsible for transporting packages
and other goods from a mail facility to a
personal or business address.
6. Their duties include loading goods,
using navigation tools to arrive at the
right address and delivering parcels to
the correct address.
TOTAL 5
26
6.7 Schedule of Remuneration
27
machine used to sew Bangunan Singer
Sewing Machine fabric and materials Singer Lot 6, Jalan 51/217, Section
51,46050 Petaling Jaya,
together with thread Selangor Darul Ehsan.
28
Figure 6.7.3 Machine and Equipment – Sublimation Textile Printer
29
6.11 Business and Operation Hour
6.11.1 Business Hour
Day Time
Monday , Wednesday,
Thursday 10:30 am – 9:00 p.m.
Tuesday Close
Friday - Sunday 10:00 a.m. – 10:00 p.m.
Day Time
Monday , Wednesday,
Thursday 10:00 am -9:30 pm
Tuesday Close
Friday - Sunday 9:30 a.m. – 10.30 p.m.
30
6.13 Operation Budget
Table 6.11 Operation Budget
Item Fixed Assets Monthly Expenses Other Expenses
Expenses (RM) (RM) (RM)
Machinery and 16,200.00
equipment
Vehicles (Van 15,000.00
Secondhand)
Remuneration 9,913.50
Raw Materials 3,550.00
Overhead Cost 3,800.00
Other expenditure:
Road tax
Insurance 120.00
700.00
TOTAL 49,283.50
31
Organizational Plan
7.1.1 Vision
Kuntom Hijab Store want to offers a unique fashion experience for
hijabista , by providing the best materials , beautiful and practical pinless
hijab with lowest price.
7.1.2 Mission
• To be the first company that offered the best quality fabrics
• Provide a good customer service
• Always to make sure what market demand want
• Always to make sure design are always up to date
• Inspired muslim woman to wear hijab easily and fast
7.1.3 Objectives
Within the next five years, Kuntom Hijab Store aspires to become
the market leader of the hijab industrial sector in Malaysia. Within
the next ten years, our goal is to dominate the industry throughout
Asia.
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7.2 ORGANIZATIONAL CHART
33
General Manager 1
Administration Manager 1
Marketing Manager 1
Production Manager 1
Financial Manager 1
Administration Clerk 1
Total 6
34
9. Managing the budget and
monitoring the financial health of a
location or business.
Administration Manager 1. Plan and coordinate
administrative procedures and
systems and devise ways to
streamline processes
2. Recruit and train personnel and
allocate responsibilities and office
space
3. Assess staff performance and
provide coaching and guidance to
ensure maximum efficiency
4. Ensure the smooth and adequate
flow of information within the
company to facilitate other
business operations
5. Manage schedules and deadlines
6. Monitor inventory of office
supplies and the purchasing of
new material with attention to
budgetary constraints
7. Monitor costs and expenses to
assist in budget preparation
8. Oversee facilities services,
maintenance activities
9. Organize and supervise other
office activities
10. Ensure operations adhere to
policies and regulations
11. Keep abreast with all
organizational changes and
business development
35
Marketing Manager 1. Developing marketing strategies
for new products
2. Organizing promotional events
and coordinating day-of deliveries
and staffing
3. Leading and training a team of
Marketing Associates
4. Reviewing current marketing
campaigns for weaknesses and
developing solutions within
budget constraints
5. Analyzing website click-to-
purchase conversion rates and
the effectiveness of promotions to
determine what drives sales
6. Identifying potential new markets
and creating a plan to enter the
market
7. Partnering with product
development and buying teams to
estimate product demand
8. Brainstorming fresh advertising
ideas with management
Production Manager 1. Manage the smooth and efficient
manufacturing of goods.
2. Collaborate with management to
understand objectives and
requirements.
3. Regularly prepare budgets and
cost reports for production.
4. Divide responsibilities and tasks
across the team to make
production more efficient.
36
5. Evaluate performances and
constantly improvise practices
6. Conduct regular inspections of
machinery, workers and the units.
7. Overseeing that the inventory is
maintained of all the equipment
and resources and ensure that
they are stocked.
8. plan and draw up a production
schedule
9. decide on and order the resources
that are required and ensure stock
levels remain adequate
10. set the quality standards
11. ensure that the production will be
cost effective by estimating costs
and negotiating and agreeing
budgets with both clients and
managers
12. monitor the production processes
and adjust schedules as needed
13. liaise with different departments,
teams and companies, suppliers,
managers, clients
14. ensure that health and safety
guidelines are followed at all times
15. ensure customer orders are
completed on time and to budget
and that quality standards and
targets are met
16. work with managers to implement
the company's policies and goals
37
17. collate and analyse data, putting
together production reports for
both factory managers and
customers
Financial Manager 1. collating, preparing and
interpreting reports, budgets,
accounts, commentaries and
financial statements
2. managing accounting practices
across the organisation
3. producing long-term business
plans
4. undertaking research into pricing,
competitors and factors affecting
performance
5. managing budgets
6. developing and managing
financial systems/models
7. carrying out business modelling
and risk assessments
Administration Clerk 1. Answering customer questions,
providing information, taking and
processing orders and addressing
complaints
2. Answering phone calls and calling
customers and vendors to follow
up on appointments and
deliveries
3. Compiling, maintaining and
updating company records
4. Managing office inventory and
working with vendors to ensure
38
the regular supply of office
materials
5. Setting up appointments,
scheduling meetings, distributing
reports and managing the
correspondence between the
office and external bodies
6. Compiling and maintaining
records of office business
transactions
7. Operating office equipment
including printers, copiers,
computer, etc
39
EPF SOCSO EIS
Monthly Contribution Contribution Contribution Total
Position No Salary (13%) (1.75%) (0.2%) (RM)
(RM) (RM) (RM) (RM)
General Manager 1 2,500.00 325.00 43.75 5.00 2,873.75
Administration 1 2,200.00 286.00 38.50 4.40 2,528.90
Manager
Marketing 1 2,200.00 286.00 38.50 4.40 2,528.90
Manager
Operation 1 2,200.00 286.00 38.50 4.40 2,528.90
Manager
Financial Manager 1 2,200.00 286.00 38.50 4.40 2,528.90
Administrative 1 1,600.00 208.00 28.00 3.20 1,839.20
Clerk
TOTAL 6 12,900.00 1,677.00 225.75 25.80 14,828.55
40
Work Station 2 set 1000.00 1000.00
Shelf 20 unit 50.00 1,000.00
Lamp 2 set 340.00 680.00
Counter Desk 1 set 500.00 500.00
Fan 2 unit 300.00 600.00
Mannequin 6 unit 300.00 600.00
TOTAL 10,480.00
41
Premises Rental 5,000.00 5,000.00
Admin Expenses 200.00 200.00
Other Expenditure
Course attended - -
Medical allowances
Pre-Operations
Deposit (rent, utilities, etc.) 4,000.00 4,000.00
Business Registration &
Licences 1,000.00 1,000.00
Insurance & Road Tax for Motor
Vehicle 1,000.00 1,000.00
Other Pre-Operations
Expenditure - -
Total 50,000.00 20228.55 6,000.00 76,308.55
A. START-UP COSTS
ADMINISTRATIVE EXPENDITURE
Fixed Assets RM
Renovation 15,000.00
Telephone 800.00
Printer 800.00
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Cashier Machine 720.00
Shelf 1,000.00
Lamp 680.00
Fan 600.00
Sofa 500.00
OPERATIONS EXPENDITURE
Fixed Assets RM
Signboard 1,500.00
43
Pre-Operations
Administrative
Salaries 12,900.00
44
Utilities 200.00
Rental 3,000.00
EPF 1,419.00
SOCSO 64.50
Operational
Driver 1,800.00
Tailor 3,200.00
Promoter 3,600.00
EPF 572.00
SOCSO 26.00
Total Working Capital
FINANCING RM
Equity: Share & Venture Capital
Nur Zulaikha 40,000.00
Nurul Asyikin 30,000.00
Harianty 10,000.00
Hidayah 10,000.00
Ain 10,000.00
Total Capital 100,000.00
45
46
8.4 CASH FLOW
CASH INFLOW
RM
Capital (Cash) 100,000.00
Loan
RM RM RM RM RM
Cash Sales 1,275,000.00 1,500,000.00 2,250,000.00 2,700,000.00 3,000,000.00
RM RM RM RM RM
TOTAL CASH INFLOW
1,275,000.00 1,500,000.00 2,250,000.00 2,700,000.00 3,000,000.00
CASH OUTFLOW
Administrative Expenditure
RM RM RM RM RM
Salaries 154,800.00 154,800.00 154,800.00 154,800.00 154,800.00
RM RM RM RM RM
EPF & SOCSO 17,802.00 17,802.00 17,802.00 17,802.00 17,802.00
RM RM RM RM RM
Utilities 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00
RM RM RM RM RM
Rental 60,000.00 60,000.00 60,000.00 60,000.00 60,000.00
RM RM RM RM RM
Admin Expenses 2,400.00 3,500.00 3,500.00 4,000.00 4,000.00
Marketing Expenditure
RM RM RM
Advertising - Banner 2,100.00 3,150.00 3,150.00
43
RM RM RM RM RM
Model 36,000.00 36,000.00 36,000.00 36,000.00 36,000.00
RM RM RM RM RM
Paid Review 12,000.00 24,000.00 28,000.00 30,000.00 36,000.00
Operations Expenditure
RM RM RM RM RM
Raw Material 36,000.00 43,200.00 51,840.00 62,208.00 74,649.00
RM RM RM RM RM
Payment of Account Payable 21,000.00 50,000.00 64,000.00 168,000.00 336,000.00
RM RM RM RM RM
Carriage Inward & Duty 6,000.00 6,000.00 10,000.00 10,000.00 18,000.00
RM RM RM RM RM
Salaries 103,200.00 103,200.00 103,200.00 103,200.00 103,200.00
RM RM RM RM RM
EPF & SOCSO 7,176.00 7,176.00 7,176.00 7,176.00 7,176.00
RM RM RM RM RM
Cash Purchases 37,000.00 51,000.00 81,000.00 81,000.00 81,000.00
Other Expenditure
Pre-Operations
RM
Deposit (rent, utilities, etc.) 9,000.00
RM
Business Registration & Licences 1,000.00
RM RM RM RM RM RM
Insurance & Road Tax for Motor Vehicle 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
Other Pre-Operations Expenditure
Fixed Assets
Purchase of Fixed Assets - Land &
Building
44
RM
Purchase of Fixed Assets - Vehicle (Van) 15,000.00
RM
Sewing Machine 2,000.00
RM
Design Printing Machine 15,000.00
RM
Signboard 1,500.00
RM
Renovation 15,000.00
RM
Air-Conditioner 4,000.00
FURNITURE AND FITTING :
RM
Steam Iron ( 2 Set) 1,200.00
RM
Cashier Machine 720.00
RM
Counter Desk 500.00
RM
Shelf 1,000.00
RM
Lamp and Fan 1,280.00
RM
Sofa 500.00
RM
Mirror 200.00
RM
Maniquin 300.00
RM
Meeting Table and Chair 680.00
RM
Work Station 2,000.00
45
RM
Steam Iron ( 2 Set) 1,200.00
OFFICE EQUIPMENT:
RM
Computer 5,000.00
RM
Telephone 800.00
RM
Printer 800.00
Hire-Purchase Repayment:
Principal
Interest
Loan Repayment:
Principal
Interest
RM RM RM RM RM
Tax Payable 263,438.00 337,913.00 513,679.00 617,991.00 683,885.00
RM RM RM RM RM RM
TOTAL CASH OUTFLOW
79,680.00 762,316.00 897,991.00 1,134,397.00 1,358,727.00 1,619,062.00
RM RM RM RM RM RM
CASH SURPLUS (DEFICIT)
20,320.00 512,684.00 602,009.00 1,115,603.00 1,341,273.00 1,380,938.00
RM RM RM RM RM
BEGINNING CASH BALANCE
20,320.00 533,004.00 1,135,013.00 2,250,616.00 3,591,889.00
RM RM RM RM RM RM
ENDING CASH BALANCE
20,320.00 533,004.00 1,135,013.00 2,250,616.00 3,591,889.00 4,972,827.00
46
8.5 INCOME STATEMENT
Raw Materials
Opening Stock 0 30,000 35,000 40,000 45,000
Current Year Purchases 37,000 51,000 81,000 81,000 81,000
Ending Stock 30,000 35,000 40,000 45,000 50,000
Raw Materials Used 36,000 43,200 51,840 62,208 74,649
Carriage Inward 6,000 6,000 10,000 10,000 18,000
42,000 49,200 61,840 72,208 92,649
Salaries, EPF & SOCSO 0 0 0 0 0
Factory Overhead
Depreciation of Sewing Machine 400 400 400 400 400
Depreciation of Design Printing
Machine 3,000 3,000 3,000 3,000 3,000
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Total Factory Overhead 0 0 0 0 0
Production Cost 45,400 52,600 65,240 75,608 96,049
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KUNTOM HIJAB STORE+B25:K47D16B2B25:K47
PRO-FORMA INCOME STATEMENT
Less: Expenditure
Administrative Expenditure 96,643.50 96,643.50 96,643.50 96,643.50 96,643.50
Business Registration & Licences 1,000.00 130.00 130.00 130.00 130.00
Insurance & Road Tax for Motor Vehicle 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
Other Pre-Operations Expenditure 0.00 0.00 0.00 0.00 0.00
Depreciation of Vehicle (Van) 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
Depreciation of Signboard 300.00 300.00 300.00 300.00 300.00
Depreciation of Air conditioner 800.00 800.00 800.00 800.00 800.00
Depreciation of Furniture and Fittings 1,916.00 1,916.00 1,916.00 1,916.00 1,916.00
Depreciation of Office Equipment 1,320.00 1,320.00 1,320.00 1,320.00 1,320.00
Depreciation of Renovation 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
Total Expenditure 101,944 101,074 101,074 101,074 101,074
Net Profit Before Tax 1,097,657 1,311,327 2,043,687 2,478,319 2,752,878
Tax (24%) 263,438 314,718 490,485 594,796 660,691
Net Profit After Tax 834,219 996,608 1,553,202 1,883,522 2,092,187
Accumulated Net Profit 834,219 1,830,827 3,384,029 5,267,551 7,359,738
48
8.6 BALANCE SHEET
Other Assets
Deposit
54,944 41,208 27,472 13,736 0
Current Assets
Stock of Raw Materials 36,000 43,200 51,840 62,208 74,649
Stock of Finished Goods 30,000 35,000 40,000 45,000 50,000
Accounts Receivable 25,000 27,083 31,250 35,417 39,583
Cash Balance 27,034 75,946 155,862 155,862 155,862
118,034 181,229 278,952 298,487 320,094
49
Owners' Equity
Capital 100,000
Accumulated Profit 834,219 1,830,827 3,384,029 5,267,551 7,359,738
934,219 1,830,827 3,384,029 5,267,551 7,359,738
Current Liabilities
Accounts Payable 21,000.00 50,000.00 64,000.00 168,000.00 336,000.00
50
9. Project Milestones
51
CONCLUSION
With our establishment in the hijab production industry, we hope to survive and
keep improving in this industry so that we can provide high-quality products to meet the
needs of our customers. In addition, we also produce a variety of different products that
have their own uniqueness compared to existing competitors and according to the current
market. The name and logo of "Kuntom," chosen based on flowers, show that this product
symbolises the beautiful side of femininity and is easy to remember.
Our sales growth rate for each year is increasing and shows a very positive
development. As a manufacturer, we hope that increasing exports will boost the national
economy and help us build a stronger brand internationally. We plan to enhance our brand
awareness and product sales by opening locations in every state and partnering with
other brands. Next, we want to help Bumiputera by offering suitable jobs in the company
and helping him develop interests and ideas within our company. With that, the
percentage of unemployment in the country will decrease, and the production industry will
grow well.
We will also carry out our responsibility by paying the taxes that have been
collected to us on time to create a good economic environment and show that we follow
every procedure that has been set by the government. Finally, we hope that Kuntom Hijab
Store can become a successful company, be known throughout the market, and be able
to compete with all the competition in a healthy way.
52
NAME OF Nur Zulaikha Binti Mazlan
SHAREHOLDER
AGE 25 years old
ADDRESS 102, Jalan Pinang 2, Taman Seri Pinang 08600 Tikam
Batu Sungai Petani, Kedah.
DESIGNATION General Manager
10.0 APPENDICES
54
Figure 10.2 Bawal Plain
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Figure 10.1 Pinless Hijab
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