ACKNOWLEDGEMENT
This is the first business plan that was made by us. In order to complete this business plan, we had to face a lot of difficulties in order to complete the business plan. It is because, at the early stage of preparing this business plan, we do not have a clearer idea on what business that we want to get involved. However, with the help by all parties around us especially our beloved lecturer, Prof. Madya Haji Hamdan Bin Haji Hassan, we finally had complete this plan and very satisfied with the business plan. As for more, we are very thankful especially to God and to the external parties that help us by providing the important information that very useful to us to complete this business plan. Therefore, we want to take this opportunity to thanks all the parties involved whether directly or indirectly to complete this business plan. A very good commitment and cooperation were given by all the group members to achieve our target that is complete this business plan. Hence, thanks to all that help us to finish this business plan and may God blessed us and all the parties involved in making this business plan become successful.
The parties that involved in this business plan:
1. Prof. Madya Haji Hamdan Bin Haji Hassan
Lecturer of Entrepreneurship (ETR 300)
University Technology of Mara
Jengka, Pahang Darul Makmur
COVER LETTER
Lucis Enterprise,
ETR Students,
Diploma in Banking Management,
University Technology of Mara (UiTM),
Jengka Branch,
Bandar Pusat Jengka,
26400 Jengka,
Pahang Darul Makmur.
Prof. Madya Haji Hamdan Bin Haji Hassan,
ETR 300 Lecturer,
University Technology of Mara (UiTM),
Jengka Branch,
Bandar Pusat Jengka,
26400 Jengka,
Pahang Darul Makmur. 9 March 2010
The submission of Lucis Enterprise Business Planning Report
Referring to the above circumstances, we are student from the Faculty of Banking Management had be assigned to prepare and present our business plan by grouping. The reason of this business plan been done is to test the knowledge and ability of student in forming a business project and in requirement to meet one of our academic syllabuses for this semester.
2. Our group is performed by four highly vision and talented students. All of us had agreed to choose and establish a business project, which will be involved in distributing nicotine pills to the market. Where, the product of our company is distributed to the hospitals, clinics and pharmacies.
3. All the transaction, items and particular that are in our business plan are based on the procedure and format that is assign to us by our lecturer. This included all the major and minor aspects needed to form a well-organized business plan.
4. All the information and facts that are showed in this business plan is from our hard work and efforts in surveying to collect data. It is also comes from the helps and guidance from our lecturer and other involved directly or indirectly in preparing this business plan.
5. Finally, we are happy to submit this business plan with hope and consideration from Prof. Madya Haji Hamdan Bin Haji Hassan to access our business plan, which will fulfill your desire and expectations.
Thank You.
……………………………………………….
(Amir Iqbal Bin Mohd Rozi)
General Manager
……………………………………………. ……………………………………………… ………………………………………..
(Izdihar Afiq Bin Zainal Abidin) (Mohd Asrof Bin Rohani) (Mohd Aidil Azuan Bin Saidin)
Marketing Manager Operation Manager Finance Manager
Introduction To The Industry
Smoking is one of the biggest troubles faced by many countries around the world including Malaysia. We can say all races in Malaysia especially Malay, Chinese and Indian have the habit of smoking cigarettes. Nicotine pills are one of the ways to help this people to stop smoking. The market in this industry is large but only been conquer by a few of companies. Until now, the market is still not be evaluated effectively by the business person effectively.
Nicotine pills are one of the ways to help the smokers to stop smoking and reduce the expenditure for something that bring bad to health. For information, the number of smokers in Malaysia is increase day by day. That means the target market is getting bigger and bigger. Furthermore the price for a pack of cigarettes is increase year by year. It may become burden to the smokers and the smoker will think a way to stop smoking. The answer is nicotine pills. Not many companies in Malaysia want to take the risk because to make a smoker to stop smoking is not an easy job. Nicotine pills supply the amount of nicotine that needed by the body. The number of pills taken will be decrease day by day and at last the smoker will stop taking the pills. The process to stop smoking is not hard and it all depends on the individual spirit.
Smoking problem in Malaysia is become more critical. Every smoker must know that they must quit smoking to have a better and healthy life. So from that we can see that this business will successful. To start this business, we must have a regular supplier to supply these pills to us. The target is to help smokers around Malaysia to stop smoking and reduce the expenditure related to smoking. It is a high risk business, but the return is also high. So, we get into this industry is to help the smokers to stop smoking by providing this nicotine pills.
OBJECTIVE OF THE ORGANIZATION
Lucis enterprise is a company that has own view for future market. Therefore, we need to have objectives in our organization. Our objectives are:
· To be the biggest distributor in the industry of nicotine product in Malaysia.
· To encourage the Malay entrepreneur to get involved in this sector.
· Decrease the prevalence of tobacco consumption amongst Malaysians.
· Reduce the burden of tobacco related deaths and diseases in the country.
· To increase the economy of Bumiputra.
· To gain profit.
PROPOSE OF BUSINESS PLAN
Business plan is a written document that serves as blueprint and guide for purpose business project that one intent to undertake. The information that has been gathered regarding to the project is used in the business plan to predict viability forecast success and proposed strategies for the project. It is also known as the working paper, business proposal and project paper or prospectus.
Business plan is prepare by the entrepreneurs due too many reasons. One of the reasons for preparing the business plan is to allow the entrepreneur to view and evaluate the purposed business venture in the objective. The collapse of many business ventures can be attributed to the decision and planning of the entrepreneurs who rely more on emotions and gut feeling rather than rational considerations. With the business plan, the entrepreneur has solid and well-grounded information to supplement the planning and decision making. This way, the entrepreneur has more realistic and practical business plan.
Besides that, the reason for preparing the business plan is to study and evaluate the feasibility of the business. The business plan can be as a basic determining viability of a propose of business venture. The information gathering and analysis that is done as part of preparing the business plan can give an early indication as to the viability of the project. Hence, the entrepreneur can make better judgment before investing in the proposed venture.
Business plan can also be used as a communication tools to convince potential investors of the viability of proposed venture. The availability of business plan will boost the confidence of any interested parties in financial institutions, private or individual investors, suppliers and government agencies.
The preparation for the business plan is most important and cannot be ignore by the entrepreneur. It is a guideline for managing the business and is one of the reasons for preparing the business plan. In preparing the business plan, the entrepreneur has thought out and laid down the plan strategies for running the venture. When the venture becomes reality, the plans strategies outlined in the business plan that will be an important benchmark to help the entrepreneur gauge his progress.
BACKGROUND OF THE BUSINESS
COMPANY NAME: LUCIS ENTERPRISE
COMPANY ADDRESS: LOT 34, JLN KENANGA,
TAMAN SELAYANG 40780 PETALING JAYA
SELANGOR DARUL EHSAN.
PHONE: 03 33923420
FORM OF BUSINESS: PARTNERSHIP
DATE OF COMMENCEMENT OF BUSINESS: 11 MAY 2011
DATE OF REGISTRATION: 11 APRIL 2011
NAME OF BANK: BANK ISLAM (BIMB)
BANK ACCOUNT NUMBER: 06-052-03-028178-6
GENERAL MANAGER
NAME : Amir Iqbal bin Mohd Rozi
I/C NUMBER: 901106065047
PERMANENT ADDRESS: No 46, Jalan TM/2,
Taman Temerloh Makmur,
28000 Temerloh, Pahang
CORRESPONDING ADDRESS: Lot 34, Jalan Kenanga,
Taman Selayang
40780 Petaling Jaya Selangor
PHONE NO: 013-2634330
MARITAL STATUS: Married
ACADEMIC QUALIFICATIONS: Master in Business Study (Harvard University, USA)
Degree in Business Administration (UiTM)
Diploma in Business Study (UiTM)
EXPERIENCES: 3 years experience as General Manager in Sapura Holdings Sdn. Bhd
1 years experience as Executive Manager in Toyota Motor Corporation
SKILLS: leadership skill, communication skill and basic computer skill
OPERATION/PRODUCTION MANAGER
NAME : Mohd Asrof bin Rohani
I/C NUMBER: 891003-10-5273
PERMANENT ADDRESS: No 678 Batu 2 ½ Jalan belimbing
Bukit Kapar 42200 Kapar
Selangor
CORRESPONDING ADDRESS: Lot 34, Jalan Kenanga,
Taman Selayang
40780 Petaling Jaya Selangor
PHONE NO: 014-9245267
MARITAL STATUS: Married
ACADEMIC QUALIFICATIONS: Master in Business Study (University of Cambridge, UK)
Degree in International Trade (UIA)
Diploma in Business Study (UiTM)
EXPERIENCES: 2 years experience as Operation Manager in Green Hornet Corporation
1 years experience as Executive Manager in BMW Motor Corporation
SKILLS: Expert in organizing recourse, high communication skill and handling people
OPERATION/PRODUCTION MANAGER
NAME : Mohd Asrof bin Rohani
I/C NUMBER: 891003-10-5273
PERMANENT ADDRESS: No 678 Batu 2 ½ Jalan belimbing
Bukit Kapar 42200 Kapar
Selangor
CORRESPONDING ADDRESS: Lot 34, Jalan Kenanga,
Taman Selayang
40780 Petaling Jaya Selangor
PHONE NO: 014-9245267
MARITAL STATUS: Married
ACADEMIC QUALIFICATIONS: Master in Business Study (University of Cambridge, UK)
Degree in International Trade (UIA)
Diploma in Business Study (UiTM)
EXPERIENCES: 2 years experience as Operation Manager in Green Hornet Corporation
1 years experience as Executive Manager in BMW Motor Corporation
SKILLS: Expert in organizing recourse, high communication skill and handling people
OPERATION/PRODUCTION MANAGER
NAME : Mohd Asrof bin Rohani
I/C NUMBER: 891003-10-5273
PERMANENT ADDRESS: No 678 Batu 2 ½ Jalan belimbing
Bukit Kapar 42200 Kapar
Selangor
CORRESPONDING ADDRESS: Lot 34, Jalan Kenanga,
Taman Selayang
40780 Petaling Jaya Selangor
PHONE NO: 014-9245267
MARITAL STATUS: Married
ACADEMIC QUALIFICATIONS: Master in Business Study (University of Cambridge, UK)
Degree in International Trade (UIA)
Diploma in Business Study (UiTM)
EXPERIENCES: 2 years experience as Operation Manager in Green Hornet Corporation
1 years experience as Executive Manager in BMW Motor Corporation
SKILLS: Expert in organizing recourse, high communication skill and handling people