presentation1
TRANSCRIPT
The reasons for opening this restaurant is because:
1. We want to promote Sabah food.2. Sabah food is not famous in West Malaysia. 3. Of course, we want to earn profits.
Population: 708 296 citizens
Customers consists of :• Young adults
• Teenagers
• Workers
• families
• SABAH culture food is not implemented yet in ss15 subang jaya.
Our target market
Customers’ background
Prime source for earning our profits as also being local customers.
• for whoever enters our restaurant are limited to all ages and all of this people they are able to afford our daily meal.
Competitor/ Rival
• Having 3 outlets
• Famous of its main dish
Strength • Very spacious ( can chill
out)• Pleasant environment
Weakness• Expensive, ranging
from(rm9-16) per dish• not strategically located
as not facing the main roads
• Newly open around 2014
• Instant buffet noodles
Strength• With rm19.00 can
enjoy full meal with free refillable drinks
Weakness• Not a very healthy
meal
• Traditional Sarawak noodle(kolok mee)
• One of the Fast growing food and beverage industries in Malaysia
Strength• Having more than 10
outlet• The menu is been set for
economic price(cheap cost)
• WIFI
REASONS OF STARTING PARTNERSHIP
Easy and less expansive to set up. Profits and losses can be shared between
partners. Allows for greater flexibility in holiday and
sick leave.
JOB SCOPE OF MEMBERS
● Jeff Ong- Manager ● Weng Chuan- Supervisor
● Ng Hong Bin- Main Chef ● Sing Yew- Accountant
We decided to contribute RM20,000 each person to start our business.
Total : RM20,000 x 4 = RM80,000
Total Capital = RM 80,000
Expenses of starting up the businessINCOME RM EXPENSES RM
Capital 80,000 Renovation of shop 10,000
Furniture 8,000
Advertising 500
Waiter/Cleaner’s salary 3,200
Junior Chef’s salary 6,000
Rental Fee 4,500
Kitchen Equipment 15,000
Ingredients 5,000
Utility 800
Balance c/d 27,000
80,000 80,000
INCOME RM EXPENSES RM
Capital 80,000 Renovation of shop 10,000
Income from restaurant (3years) 1,000,000 Furniture 8,000
Advertising(3years) 1,000
Food ingredients (3years) 100,000
Waiter/Cleaner’s salary (3years) 120,000
Junior Chef’s salary (3years) 210,000
Rental Fee (3years) 162,000
Utility (3years) 30,000
Balance c/d 439,000
1,080,000 1,080,000
Forecasted sales and profit of 3 years
In three years time we estimate our profit will be around RM439,000
Future Plan
• Add workers if got enough money.
• Open franchise at different states in west Malaysia.