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Company Logo
Business Address:
AG 3871, Jalan Gading, Batu 11 1/2, Kampung Ayer Resam, Durian Tunggal, 76100, Durian Tunggal,
Melaka, 76100 Durian Tunggal, Malacca
Prepared by:
Date:
2 Nov 2018
BTMW 4012: Keusahawan Teknologi Program Sem 1 Sesi 2018/2019
Table of Content
EXECUTIVE SUMMARY
1.0 Introduction
2.0 Objectives
3.0 Background of Business
4.0 Owner’s Background
5.0 Administrative Plan
5.1. Vision , Mission and Business Logo
5.2. Organizational structure
5.3. Human Resources Planning
5.4. Remuneration Plan
5.5. Administration Budget
6.0 Marketing Plan
9.0 Conclusion
10.0 Support Documents
BTMW 4012: Keusahawan Teknologi Program Sem 1 Sesi 2018/2019
1.0 INTRODUCTION
The name of our company is Error Sdn. Bhd. The reason why we choose this name as our group
company is because that name is so unique. However, when the people hear about our
company name refer to negative connotation. But actually what are we trying to introduce
people is when we are doing our program, we always get an “error”. Error is a process that we
have to go through in building a program, from getting an error, we will look for problem solving
until the program runs. Meaning that we can take from the incident. Seven shareholders are
together running out this business starting at 2016 and we take about a year to maintain our
business in industry. To develop this application, every shareholder contributes RM 1500. In
total, the capital contributed by the shareholders are RM 10500. Supplier sponsorship is RM
2000. So, the total of this business capital will be RM 12500 annually. Error Sdn. Bhd targeted
that the profits will rocket up to RM 40,000.
In our company, we provide the application that can be used by user who want to rental house
with the lower price and good facility. User can find and download this application at the Google
Playstore and App Store without any payment. This application allows the user to find the
suitable and comfortable house to be rented easily by dealing with the owner of the house
through online. User can also survey every inch of the house, either indoor or outdoor.
Moreover, user can survey which house displayed is more affordable as the application provide
rent price at the interface. For this time the target user of Error Sdn. Bhd. is focusing on the
students who live by their own as hostel is not provided according to certain terms and
conditions and, also to the owner of the rental house business. The students can find which rent
house is near to their college or university as this application display the rent house sequentially
according to the distance from the university. For the owner of the house rental, this application
allows them to put their house rental information including price, facilities and location. One of
the marketing plan is marketing team of Error Sdn. Bhd will go tour to all universities around
Malaysia to promote this application to the students. In additionally, marketing team will go to
give some talk to the group of owner of rent house in Malaysia about this useful application to
ease them doing their rental house business. Other marketing plan are trough advertisement
and social media. The user interface of this application are user friendly and attractive to use by
the user especially to the student. The weakness of the application is this application cannot be
run without the access of internet since it required real time connection. The opportunities
come when the student are looking for a house near their college when they are not allowed to
BTMW 4012: Keusahawan Teknologi Program Sem 1 Sesi 2018/2019
stay in the hostel anymore. Threat of this application is the existence of the similar application
such as Mudah.my.
2.0 OBJECTIVES
1.) To provide a systematic application for the user.
2.) To produce an application to ease the user especially university students all around the
world.
3.) To improve the current system of rental house system to be better.
Date of
: 5 January 2016
Commencement
Business
: 002345678 - P
Regration No.
Name and :
address of share 1. Nur Erlissa Farrysha Binti Mohd Khairuddin
holders 2. Nurul Zahida Binti Zahari
3. Nur Faqihah Binti Mohamad Haziz
4. Nur Farah Syafiqah Binti Mohd Shabrri
5. Nur Fazliana Binti Ruslan
6. Kustia Febria
7. Nurhaseena Binti Mohammed Salleh
BTMW 4012: Keusahawan Teknologi Program Sem 1 Sesi 2018/2019
Number of 14%
:
shares
Position in the Chief Executive Officer (CEO)
business :
BTMW 4012: Keusahawan Teknologi Program Sem 1 Sesi 2018/2019
Mission – To ensure that customer satisfied with our application and our services.
Business Logo –
(Managing Director)
Nurhaseena
Number
Monthly EPF SOCSO
Position of Total
salary (gross) (12%) (2%)
workers
Managing Director 1 2,600 192 32 2,376
Salary 20000
Rent 1500
Utilities 700
Insurance 1200
The company sells MyHouse applications which is user can used to find a rental house in
Malacca area. This application consists of three users, namely admin, member and
student. The administrator is in charge of managing information on rental house data,
booking house data, rental house occupant data, and administrator data. Next, from the
side of student has function of seeing information about rental house, sending messages
or comments, viewing data on rental house availability and making rental house
reservations online. Then, for the side of member has the function of seeing
announcements and interacting with house owner and other residents through a forum.
Lastly, house bookings made online on the mobile application have a grace period of a
week, if no payment is made the booking house is no longer valid. Payment
confirmation will be done automatically by the system.
The services that provided by MyHouse is user can display rental house locations on
google maps based on input user and can place order online. Rental house owner can
register and manage their own rental house in this application. Admin also can add,
delete, and update about their houses. User a required to register account but this
application can still be used even if it does not have any account registrations and
logins. Next, MyHouse can display information on rental house, the rest of the house
that can be ordered, carrying out the activities of booking rental houses and users can
comment so that there is a direct interaction on the system between users. In addition,
it can display distance calculation of rental houses to campus automatically and online,
so that they can be accessed from anywhere.
BTMW 4012: Keusahawan Teknologi Program Sem 1 Sesi 2018/2019
6.3 Market Size (estimate the total population of your target market)
Product would generate the most value in education area. It is because, third year
students are required to find a rental house near their campus. By studying publicly
available, we have found out that in our target group there are 3,000 students in UTeM
must find a rental house. It is because, they are not provided a residential college in
campus. We assume each sale to a UTeM student will yield an average of RM 20,000.
Our application (MyHouse) may be hit a high profit if all the students and people out
there used this application to find their rental house.
6.4 Competitors Analysis (analysis about the strengths and weaknesses of your nearest
competitors)
The company organized road tour to all colleges and universities in Malaysia and the
representative from our company will give a talk about MyHouse. Besides, our company also
give a talk to public that have their own house for rent. Lastly, the strategy to promote this
application is pay for advertisement in social media such as Facebook, Instagram and Youtube.
BTMW 4012: Keusahawan Teknologi Program Sem 1 Sesi 2018/2019
Month Software
Sales (unit) Price per unit (RM) Total sales
• Travelling 300
customer receive
the information
Finish
about the house and
ready to move in
Month Software
Sales Stock Total production
January 20 Unlimited 20
February 10 Unlimited 10
March 10 Unlimited 10
April 25 Unlimited 25
May 15 Unlimited 15
June 50 Unlimited 50
July 55 Unlimited 55
August 30 Unlimited 30
September 25 Unlimited 25
October 40 Unlimited 40
November 35 Unlimited 35
December 20 Unlimited 20
BTMW 4012: Keusahawan Teknologi Program Sem 1 Sesi 2018/2019
8.0 Financial Projection for 3 years (Please transfer the following items as you has be calculated
using Microsoft Excel into Microsoft Word format)
Requirements Costs
Error Sdn Bhd will have some assets contributed by the owners. 7 members of
2. Loan Term
Error Sdn only uses cash capital invested by each shareholders of RM1500. Thus, the
Error Sdn Bhd will use any sponsorship or funding from any supplier with agreement.
4. Sponsorship
BTMW 4012: Keusahawan Teknologi Program Sem 1 Sesi 2018/2019
Error Sdn Bhd will not receive any funding from any party and outside agencies. The
5. Grants
To start a business, Error Sdn Bhd will not require any business grants.
activities
ASSETS:
LIABILITIES:
OWNER’S EQUITY:
9.0 Conclusion
This business plan guide the development of the product in all area including production,
marketing and financial. It also helps the business to always keep in track and a reminder to
always updating the quality, services and other problem based on user experience and
complaint. Besides, business plans helps us to see whole business in term of financial and
product development. Based on this business plan, we hope we will archive our vision to
improve the current system of rental house and hope that our business will achieve high profit
even though there are many rivals and threat. We also will take all chances that directly or
indirectly in order to increase our business performance for the next 3 years and above. Lastly,
our company hope that this application will be use nationwide.
BTMW 4012: Keusahawan Teknologi Program Sem 1 Sesi 2018/2019