Business BackgroundName Of Business : Little BiteAddress: 04&05, Lorong Maarof, Bangsar Park, 59000 Kuala Lumpur, Wilayah Persekutuan, MalaysiaContact Number : +603-87443322/ +6013-8744321Fax: +603-87443323Product : Pastries
ObjectivesIncrease the number of goods sold by 10% from the previous yearsDevelop a sustainable and profitable businessAchieve RM 1,109,760, RM 1,220,736, and RM 1,342,810, RM1,477,091 and RM1,624,800 in sales for 1st, 2nd, 3rd, 4th and 5th years respectively.
VisionTo be the leading franchisor organization in Malaysia through providing business opportunities in the baking sector and supply of halal pastries that world class quality.
MissionTo create successful, interdependent business opportunities through the application of a comprehensive business system within the baking industry.To grow and develop our franchisees, employees and service providers through sharing the entrepreneurial, innovative and visionary skills of the management of Little Bite.To achieve a consistently high level of performance to the benefit of all associated with Little Bite.To contribute towards the economic growth of our country through the empowerment of entrepreneurial individuals.
DISTRIBUTIONTARGET MARKETGeographic – City sizeDemographic – Age and family sizeBehavioural – Consumer preference
FORECAST SALES Sales forecast is the expected sales that the company target to achieve400,000350,000300,000250,000 2011200,000 2012 2013150,000 2014 2015100,000 50,000 0 Big Bite Sugar Patty Bun Love Rain Yummy Blueberry Secret Bite Egg Tart Island Gummy Bush
The Three Steps of Financial PlanningEstablish organizational goals Increase the number of goods sold by 10% from the previous year Develop a sustainable and profitable businessBudget the money needed to accomplish the goalsRM 100 000
The sources of funds Sales Revenue : RM 91,000 Equity Capital : RM 80,000 Debt Capital : RM 20,000The major sources of the fund come from theinvestor, with an equity investment ofRM 80,000. Other sources include short termloan of RM 20,000 from Bank Islam Berhad.Besides, we also invest our money at CIMB Bankto get a dividen from bank that can contribute toour income.