H.m. sports club

ENTREPRENEURSHIP MGT6093

H.M.SPORTS CLUBLECTURER - DR. CHONG WEI YING

PREPARED BY :- Harmeet Singh Kang (SCM-027416)

Mohamad Moaz (SCM-031092)

http://segi.edu.my/

ENTERPRENEURSHIP MGT6093

OBJECTIVES :

Project DescriptionJustification on the viabilityProject Plan and ModelFinancial ProjectionFinancial RequirementKey ResourcesMethod of conducting businessConclusion


Project Description

• This enterprise is based on sports industry in partnership firm.

• ‘H.M. Sports Club Sdn. Bhd.’ is a new company that will provide high standard of all sports facilities at one place.

H.M. SPORTS CLUBH.M. SPORTS CLUBH.M. SPORTS CLUB

H.M. SPORTS CLUB


Cont..

• This Sports Club provides the fields for football, cricket, hockey, badminton, and athletic tracks especially with the ‘flood lights’ it means the players can play even at night time

• The place ‘Kajang’ is becoming a prominent place in Malaysia where we observe that the lifestyle of the people is becoming great nowadays.


Justification on the Viability

Non – Hazards business activity.

Registered under the Business Act 1956 for 5 years as well as in Bursa Malaysia (Stock Exchange).

Sports industry becoming more popular among other industries like manufacturing, tourism, etc

From last 10 years, the economy of Malaysia was increased more than 40% because of Sports & Recreational activities.

Currently, Malaysia becomes key place in the sports industry.


Project PlanGANTT CHART (2015)

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

B. Plan

Location

Project Model

Registration

Legal work

Finance

Construct

Recruitment

Marketing

Commence


Project Model


Financial Projection

What & why we need ?A forecast of future revenues and expenses for a business, organization, or country.A financial projection will typically take into account

both internal information such as historical income and cost data, and estimates of the development of external market factors, providing estimated figures in addition to projections of the general financial condition of the company in the future.


Cont…According to our business plan the projection for the 3years as given here.

Pro Forma Profit and Loss Year 1 (2016) Year 2 (2017) Year 3 (2018)Sales 1,440,000 1,980,000 2,520,000

COGS 288,000 360,000 468,000Other - - - Total Cost of Sales 288,000 360,000 468,000

Gross Margin 1,152,000

2,052,0001,620,000

Non-Operating Income/Interest Expenses Payroll 105,000 115,000 128,000

Sales and Marketing and Other Expenses 60,000 63,000 66,000Depreciation 15,000 15,000 15,000Leased Equipment - - - Utilities 5,000 7,000 9,000Insurance 3,000 3,000 3,000Rent - - - Interest Expense 4800 4800 4800Bank Loan 120000 120000 120000

Total Operating Expenses 312,800 327,800 345,800Profit Before Interest and Taxes 839,200 1,292,200 1,706,200Interest Expense - - -

Taxes Incurred (26%)

218,192 335,972 443,612Net Profit 621,008 956,228 1,073,870


Cont…

The sales projection for all 3 years on the basis of RM4000, RM 5500 & RM7000 respectively which includes income from all the sports activities.

Same method for COGS includes the actual cost for sale of sports equipments and the food & drinks from cafeteria with an average of RM800,RM1000 & RM1300.


Financial Requirement

Area of the Land – 45000 sq. foot appx. RM 4 million Construction Cost – RM 500,000Assets - appx. RM 400,000Legal Work + Registration + Recruitment = RM 150,000

Overall money required roughly 5 Million

Bank credit – May bank & CIMB Bank (RM1.5 M from each)Owner’s Capital – 50 % from both partners


Key Resources

Product : Providing goods & services of a product or service needed by another. It could be any

sports club, competitions, stalls and other activities offeredPrice : Pricing for the product or service on the market price. It

includes membership fees and structure, discounts and "value" in the period of membership.

Promotion : Make sure that potential customers know your product. This can be advertisements, advertising, sponsorship, brochures, posters, or personal selling

Place : When the product is purchased. It includes, where he trains, competes (home and away) and other facilities on offer


How the business will be conducted

Operations: The place that we decided to used is in a ’Kajang’, which give as the

required area to provide the suitable building to ensure that we give the customers the comfortable and easy to access.

we will make sure that we can build a strong relationship with the suppliers who are going to provide us with the necessary equipment for sport and the food and drinks for the cafeteria.

• Services: The business will provide the facilities the most developed facilities in

the sport field. In order to be unique we will provide a towel for every customers and a

bag to put his clothes we he need to come to our sport industry


Cont…

MISSION & VISION

Our mission is to increase the number of people that play, attend and follow all the outdoor concerning sports. We want to achieve the level of our company globally.

Our vision is to inspire the nation to encourage more in physical activities which helps people to stay fit & healthy and more to create a history in the world for celebrating sport, enhance entertainment and to share the experience.

MANAGEMENT:

The purpose of management is to coordinate activities to achieve the goals that the organization is willing to reach

The organization set of multi people, how works to gather and have collective goals which are linked to an external environment


LONG TERM DEVELOPMENT :

long term planning is required for the business to ensure that the business’s goals are effective for make the business run for long times

Our company will make a long term plan which allow as to compete in the market and keep our customers loyal to our business

Most of the customers need the other company to stay up to date and when the pay for any service they need to be satisfy from these service.


Management StructureH.M.SPORTS CLUB SDN. BHD.

Harmeet Singh Kang(CEO)

Ching Ping Sue(Manage

ment Secretary)

Development Team

membersGrou

nds , cafetaria &

Sports

Shop Incharge

Ying Chau Sung

( Financial

Manager)Finacial

AccountantStaff

Cost Accountant

Staff

Rasard Hameer( Legal Officer)

Assitant for

paper Work

Staff

Mohammad Moaz(COO)

Mohamad Aziz Shah

( Marketing Manager)

Marketing Team

Staff

Charles Crystal(Administaration

Manager)

Bankie Ting( H.R.

officer)

OfficerGardnerDriverOther Staff

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