Miss Gurlz Enterprise / Nurul Ain Syafiqah Sobri... [et al.]

The business being run is named Miss Gurlz Enterprise which consists of five members which is General Manager, Marketing Manager, Operation Manager, Administrative Manager and Financial Manager. We share cash contribution with the amount of RM40,222 and fixed assets of RM7,643.81 within us which cos...

Full description

Saved in:
Bibliographic Details
Main Authors: Sobri, Nurul Ain Syafiqah, Mustapha, Firra Amieda Putri, Mohd Yusri, Aisya Azureen, Mustaffa, Nur Alya Wafa, Mustafa Kamal, Nurul Dianah
Format: Entrepreneurship Project
Language:English
Published: 2021
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/53033/1/53033.pdf
https://ir.uitm.edu.my/id/eprint/53033/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.uitm.ir.53033
record_format eprints
spelling my.uitm.ir.530332021-11-18T12:57:37Z https://ir.uitm.edu.my/id/eprint/53033/ Miss Gurlz Enterprise / Nurul Ain Syafiqah Sobri... [et al.] Sobri, Nurul Ain Syafiqah Mustapha, Firra Amieda Putri Mohd Yusri, Aisya Azureen Mustaffa, Nur Alya Wafa Mustafa Kamal, Nurul Dianah HF Commerce Business education Business communication. Including business report writing, business correspondence English language LG Individual institutions Malaysia Pulau Pinang Universiti Teknologi MARA Asia The business being run is named Miss Gurlz Enterprise which consists of five members which is General Manager, Marketing Manager, Operation Manager, Administrative Manager and Financial Manager. We share cash contribution with the amount of RM40,222 and fixed assets of RM7,643.81 within us which cost RM8,044.40 per person for cash and different kind of fixed assets. Miss Gurlz Enterprise is a mango jam business which is located at Jalan Budiman 3/1, Taman Putra Budiman, Balakong 43200 Seri Kembangan, Selangor Darul Ehsan. Our mango jam is suitable to serve with any occasion and selling with affordable price which is RM15 per jar of 250 gram and for our sales collection in each month, it is RM406,986.88. Furthermore, our bill of materials shows that the cost for 4 jars of mango jam is RM26.35 for 2 kilograms of jam. Next, all our managers will receive a total of RM30.65 for SOCSO equally. In contrast, for EPF contribution, only General Manager will receive RM237 while the others will get RM164 each. Lastly, based on the visual presentation of data for return on sales graph, our value is 72% in the first year and it is decreasing to 63% in the next year which it is not good for us. Because of we just start the business, not everyone directly knows about our brand as our brand just got into the market. In the third year, the percentage then increased to 68% which means that our company is growing more efficiently as people will notice our brand name. Next, the second graph that we referred to is Return on Equity which for the first year, it is amounted 99% and it reduced drastically to 46% on the second year. The reduction value is not good for our business as it’s mean that we are reducing our profit generation and need to increase the amount of our equity. This might happen as we need to contribute a huge amount of capital as we didn’t have any sales or stocks for the first year. For the next year, the percentage then still decreasing to 35% as our debt started to increase. This causes our equity to shrink because the value of our debt is larger than the equity. The last graph that we referred to is Debt to Equity Ratio. The first year of the operation, the ratio is 0.1 which is a sign where our business is healthy. Then, for the second year, it then decreased to 0.0 which shows a greater result which means that we already generate some profit to repay back the amount of debt. Lastly, the value then remains 0.0 but still decreasing as we can recompense more to the lender. Based on these three graphs, we believe that our business is suitable to venture as we are generating adequate number of sales which later on, we can pay back our debt off. Even though the return on equity graph shows that our debt become bigger, we still can overcome it as we are still making money for the third year. 2021-08-14 Entrepreneurship Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/53033/1/53033.pdf ID53033 Sobri, Nurul Ain Syafiqah and Mustapha, Firra Amieda Putri and Mohd Yusri, Aisya Azureen and Mustaffa, Nur Alya Wafa and Mustafa Kamal, Nurul Dianah (2021) Miss Gurlz Enterprise / Nurul Ain Syafiqah Sobri... [et al.]. [Entrepreneurship Project] (Unpublished)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic HF Commerce
Business education
Business communication. Including business report writing, business correspondence
English language
LG Individual institutions
Malaysia
Pulau Pinang
Universiti Teknologi MARA
Asia
spellingShingle HF Commerce
Business education
Business communication. Including business report writing, business correspondence
English language
LG Individual institutions
Malaysia
Pulau Pinang
Universiti Teknologi MARA
Asia
Sobri, Nurul Ain Syafiqah
Mustapha, Firra Amieda Putri
Mohd Yusri, Aisya Azureen
Mustaffa, Nur Alya Wafa
Mustafa Kamal, Nurul Dianah
Miss Gurlz Enterprise / Nurul Ain Syafiqah Sobri... [et al.]
description The business being run is named Miss Gurlz Enterprise which consists of five members which is General Manager, Marketing Manager, Operation Manager, Administrative Manager and Financial Manager. We share cash contribution with the amount of RM40,222 and fixed assets of RM7,643.81 within us which cost RM8,044.40 per person for cash and different kind of fixed assets. Miss Gurlz Enterprise is a mango jam business which is located at Jalan Budiman 3/1, Taman Putra Budiman, Balakong 43200 Seri Kembangan, Selangor Darul Ehsan. Our mango jam is suitable to serve with any occasion and selling with affordable price which is RM15 per jar of 250 gram and for our sales collection in each month, it is RM406,986.88. Furthermore, our bill of materials shows that the cost for 4 jars of mango jam is RM26.35 for 2 kilograms of jam. Next, all our managers will receive a total of RM30.65 for SOCSO equally. In contrast, for EPF contribution, only General Manager will receive RM237 while the others will get RM164 each. Lastly, based on the visual presentation of data for return on sales graph, our value is 72% in the first year and it is decreasing to 63% in the next year which it is not good for us. Because of we just start the business, not everyone directly knows about our brand as our brand just got into the market. In the third year, the percentage then increased to 68% which means that our company is growing more efficiently as people will notice our brand name. Next, the second graph that we referred to is Return on Equity which for the first year, it is amounted 99% and it reduced drastically to 46% on the second year. The reduction value is not good for our business as it’s mean that we are reducing our profit generation and need to increase the amount of our equity. This might happen as we need to contribute a huge amount of capital as we didn’t have any sales or stocks for the first year. For the next year, the percentage then still decreasing to 35% as our debt started to increase. This causes our equity to shrink because the value of our debt is larger than the equity. The last graph that we referred to is Debt to Equity Ratio. The first year of the operation, the ratio is 0.1 which is a sign where our business is healthy. Then, for the second year, it then decreased to 0.0 which shows a greater result which means that we already generate some profit to repay back the amount of debt. Lastly, the value then remains 0.0 but still decreasing as we can recompense more to the lender. Based on these three graphs, we believe that our business is suitable to venture as we are generating adequate number of sales which later on, we can pay back our debt off. Even though the return on equity graph shows that our debt become bigger, we still can overcome it as we are still making money for the third year.
format Entrepreneurship Project
author Sobri, Nurul Ain Syafiqah
Mustapha, Firra Amieda Putri
Mohd Yusri, Aisya Azureen
Mustaffa, Nur Alya Wafa
Mustafa Kamal, Nurul Dianah
author_facet Sobri, Nurul Ain Syafiqah
Mustapha, Firra Amieda Putri
Mohd Yusri, Aisya Azureen
Mustaffa, Nur Alya Wafa
Mustafa Kamal, Nurul Dianah
author_sort Sobri, Nurul Ain Syafiqah
title Miss Gurlz Enterprise / Nurul Ain Syafiqah Sobri... [et al.]
title_short Miss Gurlz Enterprise / Nurul Ain Syafiqah Sobri... [et al.]
title_full Miss Gurlz Enterprise / Nurul Ain Syafiqah Sobri... [et al.]
title_fullStr Miss Gurlz Enterprise / Nurul Ain Syafiqah Sobri... [et al.]
title_full_unstemmed Miss Gurlz Enterprise / Nurul Ain Syafiqah Sobri... [et al.]
title_sort miss gurlz enterprise / nurul ain syafiqah sobri... [et al.]
publishDate 2021
url https://ir.uitm.edu.my/id/eprint/53033/1/53033.pdf
https://ir.uitm.edu.my/id/eprint/53033/
_version_ 1717097224423342080
score 13.18916