Académique Documents
Professionnel Documents
Culture Documents
LETTER OF SUBMISSION
Diploma in Industrial Chemistry (AS115)
Faculty of Applied Sciences
Universiti Teknologi MARA Perlis
02600 Arau Perlis
2014495946
2014413962
2014686344
2014845296
2014895152
2014829428
Thank you,
Yours sincerely
ACKNOWLEDGEMENT
ACKNOWLEDGEMENT
TABLE OF CONTENTS
TABLE OF CONTENTS
LETTER OF SUBMISSION
ACKNOWLEDGEMENT
TABLE OF CONTENT
EXECUTIVE SUMMARY
INTRODUCTION
1.1 Name of Business
1.2 Nature of Business
1.3 Industrial Profile
1.4 Location of the Business
1.5 Date of Business Commencement
1.6 Factors in Selecting the Proposed Business
1.7 Future Prospects of the Business
PURPOSE
2.1
2.2
BUSINESS BACKGROUND
3.1
3.2
3.3
4
5
6
7
8
9
BACKGROUND OF PARTNERSHIPS
LOCATION OF BUSINESS
MARKETING PLAN
OPERATIONAL PLAN
ADMINSTRATION PLAN
FINANCIAL PLAN
APPENDICES
PARTNERSHIP AGREEMENT
EXECUTIVE SUMMARY
EXECUTIVE SUMMARY
7
INTRODUCTION
1.0 INTRODUCTION
1.1 Name of Business
Grilled Frost Enterprise is a business centre of collecting, packaging and
selling the product of frozen kebab that only takes 10 minutes to be prepared.
1.2 Nature of Business
Provides marinated salmon, rice and green grilled capsicum and carrot all
wrapped up together in a tortilla. We also have minimized the amount of
calorie used so that it does not affect the consumer.
1.3 Location of the Business
Grilled Frost Enterprise is located at No. 4& 6, Jalan Bulan U5/166(U5/3)
Bandar Pinggiran Subang, Seksyen U5 40150 Shah Alam, Selangor Darul
Ehsan, Malaysia. It is a 2 storey building, which the upper part is our head
quarter and the other one is where the manufacturing takes place.
1.4 Date of Business Commencement
It has started its operation on the 1st January of 2016.
1.5 Factor in selecting the proposed Business
To minimize others work so that they can enjoy kebab by simply just
preheat it
To give busy people a way to feed themselves in minutes
To provide food that last longer than usual
1.6 Future prospects of the Business
Grilled Frost Enterprise is expected to have potential success since it is
handled efficiently and is rarely to be found in the country. In another 5 years,
our company would achieve success and manage to open new branches in all
state in the country.
10
PURPOSE
11
2.0 PURPOSE
The purpose of preparing the business plan is to develop a sustainable startup business that is profitable and increases the growth potential of our company for
the long-term journey. In doing so, our product will serve the best quality food by
providing them with a great frozen kebab thus practicing our customer the fastest
way in preparing food in a short time. Moreover, mini frozen kebab does not have
preservatives and good for health conscious behaviour that has become the target
lifestyle of a health deficient society.
Our financial capital is the base root in starting business. So, we have decided
to apply for loans up to RM100, 000. The loan will be used towards equipment
purchase, design, construction, and operational start-up expenses.
Our focus is to reduce the cost of goods sold to meet our profit margin goals
by managing the following crucial elements of cost purchasing, storage, rough
preparation, service preparation, portioning, order taking, cash receipts, bank
deposits and account payable.
We also set this business plan as a guideline for management to achieve
success in the future. This business plan includes company background, marketing
strategy, financing plan, operation plan, and last but not least the sales forecast.
As owners, our commitment is to take personal accountability for all financial debt.
We have taken the necessary precautions to ensure the business is fully capitalized,
and have addressed all financial shortfalls to ensure a successful business start-up.
12
BUSINESS BACKGROUND
13
Business Address
Correspondence Address
Website
grilledfrost.com
E- mail
grilledfrost@yahoo.com
Telephone Number
06-4884804
Fax Number
06-4884506
Form of Business
PARTNERSHIP
Main Activity
Date of Commencement
1/1/2016
Date of Registration
22/5/2016
Registration Number
M8412917-E
Name of Bank
74483210009945
14
3.1.2 Mission
15
Logo
GRILLED FROST
Logo
description
ENTERPRISE
The logo shows that our company product is made up of wrapping the filling with
fresh wheat wrapper. The smile face showing that our company always enjoying while
prepare the delicious kebab. Thumbs up finger represent that we always receive good
feedback from customer.
Circle shape show that circle have free movement. Circle can roll. They are warm
and, comforting and give sense of sensuality and love. The movement of circle suggest
energy and power. Circle are completeness suggests the infinite, unity and harmony.
Besides that, our product is prepared by rolling the filling and make it circle that protect what
inside it. They confine what within and keep things out. They offer safety and connection.
Circle
suggestsMANAGER
community,
integrity
and perfection
ASSISTANT
OPERATION
OPERATION
MANAGER (SOFIA)
(INTAN)
FINANCIAL MANAGER (SYAMIM)
MARKETING MANAGER (HIDAYAH)
ADMINISTRATION MANAGER GENERAL
(NISRINA)MANAGER (NURAISYAH BT AHMAD SHUKRI)
3.3.2 Motto
EASY FOR YOU, EASIER FOR US THEN
16
PARTNERSHIPS BACKGROUND
17
Objectives
Seeking a position that will utilize my fullest potential that will give opportunities to
enhance my personality and career growth and will give benefits and salaries that will
commenstruate with my abilities and qualifications
Leading the organization to accomplish new heights and ensure that all goals are
met
Proven ability to build productive teams that deliver exceptional guest service
A visionary and full energy to drive towards the success of visions and missions of
the company
Smart multi-tasking abilities and skilled in time management
Educational Background
Working Experience
Present Occupation
General Manager
18
Objectives
Educational Background
Working Experience
Before joining this venture, she has worked as a assistant administration for about 6
years at Maxis Communication Center.
Present Occupation
Administration Manager
19
Email :Hidayah222@gmail.com
Objectives
Educational Background
Working experience
A very experienced marketer and advertisement. Before agreeing to this job, she was
an assistant marketing executive at the company of Bio Health Care Sdn.Bhd for 4
years
Present Occupation
Marketing Manager
20
Objectives
Educational Background
Working experience
Was a operation manager for a very well-known company in Malaysia and worked
the for 2 years before she decided to be a business partner in this project
Present occupation
Operation Manager
21
Objectives
Educational Background
Working Experience
Present occupation
22
Objectives
To able record all about financial in this company and debit &credit
To able making decisions and evaluating about the financial regarding this product
Capable in prediction of the future economic, with this ability, we can maintain our
company financial better
Educational Background
Working Experience
Present Occupation
Financial Manager
23
24
Our factory is located at a shop lot in Shah Alam. We have bought two floors of this
double-storey building. We have decided to locate our headquarter at the upper floor of our
factory to make our operation easier. This building is made up of bricks and metals with the
size of approximately 4800sqf. The total price cost of the two floors are RM 100,000.00
The reason we have decided to locate our factory in an urban area because it has
numerous and improved basic facilities. In an urban area, it has good transportation facilities
for the movements of our finished product. It also benefits us as our target markets is not far
from our manufacturing area. Furthermore, building factory in this area can gives us
sufficient storing facilities including cold storages. Other than storing facilities, in a city area,
it also provides ancillary and services unit. This location also gives us advantage when
25
selecting workers for our factory. The population of people in Shah Alam is large which
makes us easier to select a qualified workers.
The headquarter of Grilled Frost Enterprise is located at the second floor of the
factory so that we can handle our operation easily. Other than that, the authorities can also
supervise the workers daily so that the operation runs smoothly. Besides that, the authorities
and the workers can also communicates easily.
We believe, this location gives us advantages that can lead to an exponential growth
of our business and help increases our marketing exposure.
Factory
Structure
Size
Approximately 4800sqf
RM 100,000.00
Price
1. Water: Syabas
The water for our restaurant is supplied by Syabas. Syarikat Bekalan Air
Selangor Sdn Berhad (Syabas) is a water supply company that serves the
state of Selangor and the federal territories of Kuala Lumpur and Putrajaya.
26
Our provider for our telephone line is by Telekom Malaysia. Telekom Malaysia
Berhad is the leading telecommunications company in Malaysia. Our
internet suppliers is by Streamyx.
27
MARKETING PLAN
28
29
Materials
Benefits
DESCRIPTION
Our kebab consists of half grilled marinated salmon,
rice and some vegetables wrapped up in a tortilla.
We supply our kebab in boxes. Each box consists of
6 pieces of kebab. The length of our kebab is
approximately 9cm long and the diameter is about 4
cm.
Our product is wrapped by a fresh white and whole
wheat flour tortilla which is supplied by Mission Sdn
Bhd. Our frozen kebab is different from others
because it consists of rice, half grilled marinated
salmon and vegetables like green capsicum and
carrots which is grilled. The rice is prepared by
cooking the rice together with butter. The salmon
fillet is marinated first with soy sauce, lemon pepper,
salt, garlic powder, water, vegetable oil and brown
sugar for a day. The grilled capsicum and carrots is
cut into dice. After all of these ingredients are
prepared, it is put together in the tortilla to be
wrapped.
Frozen kebab does not have any preservatives
added to it which is why it does not bring any harm to
the consumer. Furthermore, it is usually cheaper
than other kebab that sells in the store. Our product
makes life easier at home and works because it only
takes about 15 to 20 minutes of our time because
the preparation is quick and simple.
Design
30
31
Type of outlet
No of outlet
No of items
to needed
(unit)
Price/unit
(RM)
Total
12
300
17.40
62,640
10
300
17.40
52,200
10
3,000
17.40
522,000
Retailer
Shopping Mall
Mini Market
Wholesaler
TOTAL
636,840
32
6.4.1.2 Population 2
Table 6.4.1.2 Shah Alam, Selangor
Type of outlet
No of
outlet
No of items
to needed
(unit)
Price/unit
(RM)
Total
10
250
17.40
43,500
10
250
17.40
43,500
2,000
17.40
208,800
Retailer
Shopping mall
Mini market
Wholesaler
TOTAL
295,800
6.4.1.3 Population 3
Table 6.4.1.3 Tapah, Perak
Type of outlet
No of
outlet
No of items
to needed
(unit)
Price/unit
(RM)
Total
10
250
17.40
43,500
10
250
17.40
43,500
1,000
17.40
121,800
Retailer
Shopping mall
Mini market
Wholesaler
TOTAL
208,800
Note:
1 unit = 1 box
1 box = 6 mini pieces of Kebab
Price per box = RM 17.40
33
6.5 Competitors
There a several companies in Malaysia that also manufacture frozen food.
The three strong competitors are HSH Frozen Food, PBB Group Berhad and Lucky
Frozen. These companies operating area is not far from us which is in Selangor and
Wilayah Persekutuan Kuala Lumpur area. For each of these companies, they have
their own strengths and weakness.
Table 6.5.1 Competitive Analysis
Competitors
Strengths
HSH Frozen
Food
Weaknesses
Some of the product
produced is not fresh
Lack of brand
recognition
The product is not
certified by JAKIM
PBB Group
Berhad
Produced limited
products
Low speed of
distributions
Non reasonable price
34
Competitors
Lucky Frozen
Before entrance
(%)
Amount
(RM)
40
33
27
456,576.00
376,675.20
308,188.80
TOTAL
100
1,141,440.00
35
After entrance
(%)
Amount
(RM)
Percentage of
loss (%)
38
433,747.20
29
331,017.60
Lucky Frozen
23
262,531.20
Grilled Frost
10
114,144.00
TOTAL
100
1,141,440.00
10
36
MONTH
January
February
March
April
May
June
July
August
September
October
November
December
TOTAL
2(15% Increment)
3(20% Increment)
TOTAL 3 YEARS
SALES
FORECAST(RM)
114,144.00
114,144.00
114,144.00
114,144.00
114,144.00
114,144.00
192,425.00
114,144.00
195,260.00
114,144.00
114,144.00
197,217.00
1,612,198.00
241,829.70
612,635.24
5,691,059.00
For the first year of our operation, we have target to achieve for about
RM1,612,198.00. In July and September, Muslims will celebrate Hari Raya Aidil Fitri
and Hari Raya Aidil Adha which will be an advantage for us because they will need
food that can be prepared quickly to feast their guests. Therefore, we think that our
frozen kebab will help them to make their work easier. Some Decembers are very
wet while others can be generally quite dry. At this time of year, the average
temperature starts off at 15C to 12C. Therefore, with the cold and wet weather,
people cant go out as it has started to rain every day. Furthermore, most of the
shops cant get to operate due to this kind of weather. So, frozen food such as our
frozen kebab will be the perfect choice for them as it can last longer and can be
prepared quickly.
37
38
MARKETINGSALESMAN
MANAGERMANAGER
GENERAL
No of Personnel
1
SALESMAN
TOTAL
39
SALESMAN
40
6.12
Schedule of Remuneration
Table 6.11 Schedule of Remuneration plan of Marketing Personnel
Position
Qty
Monthly
Salary
(RM)
(A)
EPF
(RM)
(13 %)
(B)
SOCSO
(RM)
(1.75%)
(C)
Total
(A)+(B)+
(C)
Marketing
2,000.00
325.00
0.00
2,325.00
Salesman
900.00
117.00
15.75
1,032.75
TOTAL
6.13
RM 3,357.75
Marketing Budget
Table 6.12 Marketing Budget
Monthly
Item
Fixed Assets
Expenses
(RM)
Other
Expenses
(RM)
Fixed Assets
Signboard
700.00
Monthly Expenses
Salaries + EPF + SOCSO
3,357.75
Other Expenses
Grand total
RM 4,057.75
41
OPERATIONAL PLAN
42
INPUT
OUTPUT
FEEDBACK
TRANSF
43
44
Symbol
Type of activity
Operation
Description
Activities that modify,
transform or gives value
Transportation
to the input.
Movement of materials or
goods from one place to
Inspection
another.
Activity that measure
standard of the process
material, finished product
Delay
or services.
Process is restrained
waiting for next activity.
Storage
Process materials or
finished product are kept
or store in the storage
area.
45
Green capsicum and fresh carrot are washed and cut into dices shape.
46
The container transferred into a large box. The process of freezing the kebab
begin at -10 degree Celsius
47
ACTIVITY
Salmon fillet is clean and
marinate with vegetable oil,
filtered water, brown sugar,
salt, garlic powder and lemon
pepper.
DURATION
METHOD
10 minutes
30 minutes
10 minutes
10 minutes
5 minutes
2 minutes
Machine (toaster)
48
The layout above shows the layout of our factory which located in Shah Alam. The
layout has been divided into sections. The first section is the storage where we kept all the
incoming raw materials. The second section is the toaster area where we toast our tortilla.
Next is the preparation area, cutting area and grilling area. The cutting area is where we cut
our materials before passing it to the preparation table where the preparation of our frozen
food is carried out. The salmon and the vegetables is grilled in the grilling area. The next
section which is table is function as the packaging table. The finished product of our frozen
food is stored in the freezer before distribute to the wholesaler and the retailer.
49
Our headquarters is located on the second floor our factory. The layout above shows
the layout of our headquarters which is divided into offices, kitchen, toilet and also break
room. The general managers office which is office 1 is located next to the break room.
Opposite of the general managers office is the administrator office. Office 3 belongs to the
financial manager which located next to the office 2 and also opposite to the kitchen & toilet.
50
7.4.2
Number of output per day
If the number of working days per month is 24 days (6 days/week)
= 6560 units / 24 days
= 273 units per day
7.4.3
Number of units per hour
Such as daily working hour = 10 hours
= 273.33 units / 10 hours
= 27 units per hour
51
Material
Quantity
(kg)
Safety
stock
1.00
Salmon
fillet
Vegetable
oil
Brown
sugar
Salt
Garlic
powder
Lemon
pepper
Rice
Paste
Butter
Carrot
1,085
2.00
3.00
4.00
5.00
6.00
7.00
8.00
9.00
10.0
0
11.00 Green
capsicum
12.0 Tortilla
0
13.0 Soy sauce
0
14.0 Transparent
0
rectangular
container
54
Total
Material
Requiremen
t
1,139
14.70
17,085.60
24
28
1.50
61.60
24
25
0.50
12.60
24
24
1
1
25
25
0.10
1.50
2.52
37.80
24
25
1.50
37.80
24
2
2
72
1
0
0
4
25
3
3
76
5.50
0.50
0.40
0.40
138.60
2.02
1.26
30.24
72
76
0.75
56.70
39,312
pieces
48 bottles
1,965.6
pieces
2 bottles
41277.6
pieces
50 bottles
1.20
49,170.24
0.70
35.28
6,504
325
6,829
0.20
1,365.84
Total
68,038.00
52
Material
Vegetables (carrot and green capsicum)
Salmon fillet
Tortilla wrap
Supplier
Farm price Sdn.Bhd
64, Jalan Shahbandar 8, Taman Ungku
Tun Aminah,
81300 Skudai, Johor.
WIN FAR TRADING SDN BHD
12 Jalan Bukit 2, Miel Seri Alam,
81750 Masai, Johor, Malaysia.
Mission Sdn.Bhd
Block C, Lot 506, Jalan Pelabuhan,
Bandar Sultan Suleiman,
42000 Pelabuhan Klang, Selangor
Darul Ehsan.
Mydin
= 4.5 @ 5 machines
-
= 2.3 @ 3 machines
Toaster :
= 0.9 @ 1 machine
Equipment :
Freezer, chiller and rice cooker
53
= 0.5 @ 1 unit
Supplier
Elitetax Marketing Sdn.Bhd
IPC Shopping Centre, Unit F3, First
Floor No.1 Jalan PJU 7/2, Mutiara
Damansara, 47800 Petaling Jaya,
Sealngor Darul Ehsan.
Cool Vision Marketing Sdn.Bhd
No.119, Jalan Cokmar 1, Mutiara Bukit
Raja,
41050 Klang, Selangor Darul Ehsan.
Quantity
1
8
1
1
1
Price/unit (RM)
30.00
115.00
35.00
515.00
1000.00
Total
54
=
= 0.455 @ 1 Operation manager
7.7.2.2 Workers
10min
= 4.55 @ 5 Workers
Operational Manager
Driver
Workers
55
Number of Personnel
1
1
5
2
9
Operational Manager
workers
Help the operational manager
56
NO.
MONTHLY
EPF
SOCSO
AMOUNT
SALARY (RM)
CONTRIBUTIO
(1.75%)
(RM)
(RM)
Operationa
2,000.00
N (11%) (RM)
220
l manager
Assistant
1,800.00
198
31.5
1,833.48
5
2
1,600.00
1,300.00
TOTAL
176
143
28
22.75
9,020.00
2,931.5
16,005.00
2,220.00
Operationa
l Manager
Workers
Driver
Types of Overhead
Electricity
3,500
Water supply
3,200
Telephone
300
Internet service
250
Box of transportation
500
Maintenance cost
600
Cleaner
250
2,000
TOTAL
10,600
57
= RM 94,643.00
6560
= RM 14.50
RM 94,643.00
= 1.21
58
59
60
Item
Fixed Assets
Monthly
Expenses
(RM)
Other Expenses
(RM)
Fixed Assets
Vehicle
40,000.00
Cooking utensils
50.00
2,500.00
Monthly Expenses
(RM)
Fuel
200.00
16,004.98
Raw material
68,038.00
Maintenance
600.00
Other Expenses
(RM)
Insurance & road tax
60.00
1,500.00
42,550.00
84,843.00
1,560.00
TOTAL
Grand total
128,953.00
61
ADMINISTRATION PLAN
62
GENERAL
MANAGER
(NURAISYAH)
ADMINISTRATION
MANAGER
(NISRINA)
FINANCIAL
MANAGER
(SYAMIM)
POSITION
GENERAL MANAGER
FINANCIAL MANAGER
HUMAN RESOURCES MANAGER
TOTAL
NUMBER OF PERSONNEL
1
1
1
3
63
GENERAL MANAGER
FINANCIAL MANAGER
analysis
Maintains the work structure by updating job
requirements and job descriptions for all positions.
HUMAN RESOURCES
MANAGER
64
Quantity
Monthly
Salary
(RM)
EPF
(11%)
SOCSO
(1.5%)
Total(RM)
GENERAL
MANAGER
2,500.00
275.00
2,775.00
FINANCIAL
MANAGER
2,000.00
220.00
HUMAN
RESOURCES
MANAGER
CLERK
900.00
99.00
TOTAL(RM)
7,400.00
814.00
2,220.00
2,000.00
220.00
2,220.00
999.00
8,214.00
Quantity
Price/Unit
(RM)
Total
(RM)
1,500.00
3,000.00
300.00
300.00
90.00
180.00
800.00
1,600.00
200.00
200.00
TOTAL
5,280.00
65
Type
Manager Table
Manager Chair
Meeting Table
Meeting Chair
Sofa Set
Notice board
Cabinet
File Rack
Quantity
Price/Unit
(RM)
Total
(RM)
100.00
300.00
70.00
210.00
900.00
900.00
60.00
480.00
600.00
600.00
80.00
80.00
500.00
1,000.00
50.00
200.00
TOTAL
3,770.00
Quantity
Price/Unit
(RM)
Total
(RM)
Desk supplies
20.00
20.00
5.00
20.00
Filing supplies
5.00
20.00
30.00
90.00
Printer supplies(Toner
cartridges)
Others
50.00
TOTAL
200.00
66
Item
Fixed
Assets (RM)
Monthly
Expenses
Fixed Asset
OFFICE EQUIPMENT
BUILDING
FURNITURE AND
FITTING
Working capital /
Monthly expenses
5,280.00
100,000.00
3,770.00
SALARIES (EPF +
SOCSO)
UTILITIES (WATER,
ELECTRIC
TELEPHONE)
Other Expenses
8,214.00
1,000.00
OFFICE SUPPLY
SUBTOTAL(RM)
TOTAL(RM)
200.00
109,050.00
9,214.00
200.00
118,464.00
67
FINANCIAL PLAN
68
Administrative Department
ADMINISTRATIVE EXPENDITURE
Fixed Assets
RM
100,000
office equipment
4,500
3,770
Working Capital
Salaries + EPF + SOCSO
8,214
Other Expenditure
Other Expenditure
200
Pre-Operations
Deposit (rent, utilities, etc.)
Business Registration & Licences
1,000
117,684
69
MARKETING EXPENDITURE
Fixed Assets
Signboard
RM
700
Working Capital
Salaries + EPF + SOCSO
3,358
Other Expenditure
Other Expenditure
Pre-Operations
Deposit (rent, utilities, etc.)
Business Registration & Licences
Insurance & Road Tax for Motor Vehicle
Other Expenditure
TOTAL
4,058
70
OPERATIONS EXPENDITURE
Fixed Assets
Vehicles
cooking utensil
eletronic and equipment
RM
40,000
50
2,500
Working Capital
Raw Materials
68,038
16,005
Fuel
200
Maintanence
600
Other Expenditure
Other Expenditure
Pre-Operations
Deposit (rent, utilities, etc.)
Business Registration & Licences
Insurance & Road Tax for Motor Vehicle
60
1,500
Other Expenditure
TOTAL
128,953
71
Sources of Finance
Cost
Loan
Hire-Purchase
Fixed Assets
Own Contribution
Cash
100,000
90,000
10,000
office equipment
4,500
4,500
3,770
3,770
700
700
Signboard
Vehicles
40,000
cooking utensil
40,000
50
50
2,500
2,500
Administrative
8,214
8,214
Marketing
3,358
3,358
Operations
84,843
84,843
Working Capital
Existing F.
Assets
months
2,760
1,200
250,695
91,200
1,560
Contingencies
TOTAL
40,000
109,495
10,000
72
73
DEPRECIATION SCHEDULES
Fixed Asset
Cost (RM)
Method
Economic Life
(yrs)
Annual
Depreciation
Yea
r
Accumulated
Depreciation
Fixed Asset
Cost (RM)
Method
Economic Life
(yrs)
office equipment
4,500
Straight Line
Book Value
900
900
Annual
Depreciation
Yea
r
4,500
Accumulated
Depreciation
3,600
1,8
00
2,7
00
3,6
00
4,5
00
2,7
00
1,8
00
9
00
90
0
90
0
90
0
90
0
Book Value
754
3,770
754
3,016
75
4
75
4
75
4
75
4
1,50
8
2,26
2
3,01
6
3,77
0
10
10
2
3
4
Fixed Asset
Cost (RM)
Method
Economic Life
Straight Line
5
2
3
4
Fixed Asset
Cost (RM)
Method
Economic Life
2,262
1,508
754
-
Straight Line
5
74
(yrs)
(yrs)
Annual
Yea
r
Accumulated
Depreciation
Depreciation
Yea
r
Book Value
Annual
Accumulated
Depreciation
Depreciation
Book Value
10
10
Fixed Asset
Cost (RM)
Method
Economic Life
(yrs)
Annual
Yea
r
Fixed Asset
Cost (RM)
Method
Economic Life
(yrs)
Signboard
700
Straight Line
Accumulated
Depreciation
Depreciation
Yea
r
Book Value
700
Straight Line
5
Annual
Accumulated
Depreciation
Depreciation
Book Value
14
0
14
0
14
0
14
0
14
0
28
0
42
0
56
0
70
0
10
10
1
2
3
4
140
560
42
0
28
0
14
0
75
Fixed Asset
Cost (RM)
Method
Economic Life
(yrs)
Straight Line
5
Annual
Yea
r
Fixed Asset
Cost (RM)
Method
Economic Life
(yrs)
Accumulated
Depreciation
Depreciation
Yea
r
Book Value
Straight Line
5
Annual
Accumulated
Depreciation
Depreciation
Book Value
10
10
Fixed Asset
Cost (RM)
Method
Economic Life
(yrs)
Annual
Yea
r
Accumulated
Depreciation
Depreciation
Fixed Asset
Cost (RM)
Method
Economic Life
(yrs)
Vehicles
40,000
Straight Line
Book Value
8,000
8,000
5
6
7
8
0
0
3
4
Accumulated
Depreciation
Depreciation
32,000
16,00
0
24,00
0
32,00
0
40,00
0
Annual
40,000
8,00
0
8,00
0
8,00
0
8,00
0
Yea
r
cooking utensil
50
Straight Line
1
24,00
0
16,00
0
8,00
0
10
Book Value
50
10
40
1
0
1
0
1
0
1
0
0
0
7
8
0
0
0
0
2
3
4
2
0
3
0
4
0
5
0
30
20
10
-
76
10
10
Fixed Asset
Cost (RM)
Method
Economic Life
(yrs)
2,500
Straight Line
5
Annual
Yea
r
Accumulated
Depreciation
Depreciation
Fixed Asset
Cost (RM)
Method
Economic Life
(yrs)
Book Value
500
Yea
r
2,500
500
Straight Line
5
Annual
Accumulated
Depreciation
Depreciation
Book Value
2,000
50
0
50
0
50
0
50
0
1,00
0
1,50
0
2,00
0
2,50
0
10
10
2
3
4
1,50
0
1,00
0
50
0
77
Method
Yea
r
91,200
5%
5
Baki Tahunan
Principal
Amount
Interest Rate
Duration (yrs)
Total
Payment
Interest
Principal
Balance
Yea
r
40,000
5%
5
Principal
Total
Payment
Interest
Principal
Balance
91,
-
18,240
18,240
18,240
18,
240
18,
240
200
4,
560
3,
648
2,
736
1,
824
40,000
8,000
2,000
8,000
72,
22,800
960
21,888
720
32,000
10,000
24,000
10,000
16,000
10,000
8,000
10,000
54,
36,
20,976
480
000
18,
20,064
240
2,000
8,
2,
000
8,
4
000
2,
000
8,
912
10,000
2,
19,152
000
000
10
10
78
79
Year 2
Year 3
Raw Materials
Opening Stock
300
700
816,456
938,924
1,126,709
300
700
1,000
816,156
938,524
1,126,409
816,156
938,524
1,126,409
192,060
211,266
242,956
8,510
8,510
8,510
Fuel
2,400
2,640
3,036
maintanence
7,200
7,920
9,108
18,110
Year 2
1,854,028
1,026,326
19,070
Year 3
1,168,860
20,654
2,224,8331,390,019
3,000
3,500
1,168,860
1,390,019
3,500
4,000
0
1,168,360
685,667
0
1,389,519
835,314
98,568
108,425
124,689
40,296
44,326
50,974
200
220
253
1,500
1,500
1,500
2,000
2,000
2,000
4,560
3,648
2,736
1,794
1,794
1,794
149,978
438,894
0
438,894
161,912
523,755
0
523,755
183,946
651,368
0
651,368
962,649
1,614,017
1,060
438,894
80
Year 2
Year 3
ASSETS
Non-Current Assets
(Book Value)
Land & Building
office equipment
furniture and fitting
Signboard
Vehicles
cooking utensil
eletronic and equipment
100,000
3,600
3,016
100,000
2,700
2,262
100,000
1,800
1,508
560
420
280
32,000
40
2,000
24,000
30
1,500
16,000
20
1,000
141,216
130,912
120,608
300
3,000
19,722
567,149
700
3,500
15,450
1,200,808
1,000
4,000
18,540
2,020,135
590,171
1,220,458
2,043,675
731,387
1,351,370
2,164,283
119,495
438,894
558,389
119,495
962,649
1,082,144
119,495
1,614,017
1,733,512
72,960
32,000
104,960
54,720
24,000
78,720
36,480
16,000
52,480
68,038
190,506
378,291
731,387
1,351,370
2,164,283
Other Assets
Deposit
Current Assets
Stock of Raw Materials
Stock of Finished Goods
Accounts Receivable
Cash Balance
TOTAL ASSETS
Owners' Equity
Capital
Accumulated Profit
Long-Term Liabilities
Loan Balance
Hire-Purchase Balance
Current Liabilities
Accounts Payable
TOTAL EQUITY &
LIABILITIES
81
Year 2
Year 3
LIQUIDITY
Current Ratio
Quick Ratio (Acid Test)
9
9
6
6
5
5
Inventory Turnover
310
312
302
PROFITABILITY
Gross Profit Margin
Net Profit Margin
Return on Assets
Return on Equity
36.53%
27.22%
60.01%
78.60%
36.98%
28.25%
38.76%
48.40%
37.55%
29.28%
30.10%
37.58%
30.98%
23.65%
95
24.88%
19.92%
143
24.85%
19.90%
237
EFFICIENCY
SOLVENCY
Debt to Equity
Debt to Assets
Time Interest Earned
82
FINANCIAL RATIOS
83
84
CONCLUSION
85
CONCLUSION
86
APPENDICES
87
PARTNERSHIP AGREEMENT
88
With reference to the Partner Act 1961 (Revise 1974), this agreement is
lawfully made between the partners of Grilled Frozen Enterprise. The reason of this
partnership agreement is made in order to make sure that all the business operation
run accordingly to the schedule and the main objective of the business can be
achieved. All the partners as below within the business organization make this
agreement in front of the lawyer Mr. Kamal from Kamal & Co. that our company has
selected to represent us. It is hereby declared that all partners as mentioned below
have witnessed and agreed to accept all terms, conditions and regulations stated as
follow: This partnership is registered under the name of Grilled Frozen Enterprise
The partners have also agreed to accept the position in Grilled Frozen Enterprise
enlisted as follows:
GENERAL MANAGER
ADMINISTRATION MANAGER
MARKETING MANAGER
OPERATIONAL MANAGER
FINANCIAL MANAGER
It is also agreed that all profit sharing will be based on the capital contribution
of each partners. Should the company suffer from any loss, of which the negligence
caused by anyone of the partners, that partner will be responsible for the loss. All the
money owns by the partnership or money received on behalf of the partnership must
be credited to the agreed partnership current bank account. It is also agreed that if in
case where any of the partners want to withdraw from the partnership, then she must
give a one month notice to the other partners. Each of the partners:
Must have and act in good manner and has faith and be trustworthy between
each partner in all business matters.
Must give full effort in any way for the success of the company.
Must keep all important information relating to the business confidential from
people outside the business organization.
Must settle all personal problems without involving the company.
All the partners is strictly forbidden (except with the consent from all the
partners) to:
Give or transfer own share to the public or people outside the business
organization.
89
90
91
Second witness,
..............................
Nur Hidayah Binti Hairudin
891126-01-5667
Third witness,
.................................
Sofia Liyana Binti Nor Azman
890508-03-5113
Fourth witness,
..............................
Intan Nur Zuliana Binti Zulkefli
891229-06-5624
Fifth witness,
..............................
Nur Syamim Amirah Binti Shamsul Kamal
890122-04-5206
92
Verify, I am Nurul Nisrina Binti Mohamed Kamaruddin, I/C number 89050803-5113. I promise to accomplish every duty assigned and willing to give full
commitment towards the organization management. I also promise to obey the
rules and the regulations as states in Grilled Frost Enterprise.
Yours truly,
.............................
Nurul Nisrina Binti Mohamed Kamaruddin,
890508-03-5113
First witness,
..............................
Nuraisyah Binti Ahmad Shukri
891126-02-5667
Second witness,
..............................
Nur Hidayah Binti Hairudin
891126-01-5667
Third witness,
.................................
Sofia Liyana Binti Nor Azman
890508-03-5113
93
Fourth witness,
..............................
Intan Nur Zuliana Binti Zulkefli
891229-06-5624
Fifth witness,
..............................
Nur Syamim Amirah Binti Shamsul Kamal
890122-04-5206
94
Second witness,
..............................
Nurul Nisrina Binti Mohamed Kamaruddin
890508-03-5113
Third witness,
..............................
Sofia Liyana Binti Nor Azman
890508-03-5113
Fourth witness,
.................................
Intan Nur Zuliana Binti Zulkefli
891229-06-5624
Fifth witness,
..............................
Nur Syamim Amirah Binti Shamsul Kamal
890122-04-5206
95
Yours truly,
.............................
Sofia Liyana Binti Nor Azman
840212-14-6445
First witness,
..............................
Nuraisyah Binti Ahmad Shukri
891126-02-5667
Second witness,
..............................
Nurul Nisrina Binti Mohamed Kamaruddin
890508-03-5113
Third witness,
.................................
Nur Hidayah Binti Hairudin
891126-01-5667
Fourth witness,
..............................
Intan Nur Zuliana Binti Zulkefli
891229-06-5624
96
Fifth witness,
..............................
Nur Syamim Amirah Binti Shamsul Kamal
890122-04-5206
Verify, I am Intan Nur Zuliana Binti Zulkefli, I/C number 891229-06-5624. I
promise to accomplish every duty assigned and willing to give full
commitment towards the organization management. I also promise to obey
the rules and the regulations as states in Grilled Frost Enterprise.
Yours truly,
.............................
Intan Nur Zuliana Binti Zulkefli
891229-06-5624
First witness,
..............................
Nuraisyah Binti Ahmad Shukri
891126-02-5667
Second witness,
..............................
Nurul Nisrina Binti Mohamed Kamaruddin
811126-01-5222
97
Third witness,
.................................
Nur Hidayah Binti Hairudin
891126-01-5667
Fourth witness,
..............................
Sofia Liyana Binti Nor Azman
890508-03-5113
Fifth witness,
..............................
Nur Syamim Amirah Binti Shamsul Kamal
890122-04-5206
Verify, I am Nur Syamim Amirah Binti Shamsul Kamal, I/C number 89012204-5206. I promise to accomplish every duty assigned and willing to give full
commitment towards the organization management. I also promise to obey
the rules and the regulations as states in Grilled Frost Enterprise
Yours truly,
.............................
Nur Syamim Amirah Binti Shamsul Kamal
890122-04-5206
98
First witness,
..............................
Nuraisyah Binti Ahmad Shukri
891126-02-5667
Second witness,
..............................
Nurul Nisrina Binti Mohamed Kamaruddin
890508-03-5113
Third witness,
.................................
Nur Hidayah Binti Hairudin
891126-01-5667
Fourth witness,
..............................
Sofia Liyana Binti Nor Azman
890508-03-5113
Fifth witness,
..............................
Intan Nur Zuliana Binti Zulkefli
891229-06-5624
99